 The following is a presentation of TFNN Trade what you see With Larry Pezzavento All now toll-free at 1-877-927-6648 or Internationally at 727-873-7618 Now Larry Pezzavento Okay, looking good Billy Ray feeling good loose we got change million coming up in a few minutes folks with some good stuff He's always had some really good timing things and we're gonna be watching what he has to say But today was very interesting You know One of the key things that I've done over the last five or six years Working closely with Tom who guard is to watch that three eight two retracement level and I posted the one for the bonds today at 101 12 120 and change it went to 120 oh five and now it's rating $500 lower The NASDAQ is now a hundred points lower than the high that it was made there at the 382 retracement The S&P is trading at about the 12 handles lower that came in at 49 Excuse me 444 4478 and the high was 447 and a half So it missed it by a little bit, but that doesn't mean a whole lot What it means is that you got to pay attention to those numbers because these Algorithmic traders that are out there if you don't think that they use these numbers you are being very very Naive I watch these every day as do some of my students And we see that the highs and lows can come in very closely to those times that we're looking at Now I did post the chart of the NASDAQ and I'll post to the chart of the treasury bonds What I'd like for you to do just to prove to yourself that this works I want you to do the one on the E mini S&P And I want you to do the one in the Russell and see what you come up with now the fact that these numbers hit I mean almost to the exact number is really quite amazing So please please do that if you have an interest if you don't have an interest not necessary You don't even have to do it I don't want to push anybody into something that they don't want to do now They say that the chart is not showing and yet I've I've posted it three times and it looked like it was going to be there So just give me one second and I'll see if we can get it up one more time here With the technical trading gods in our favor and there it is There's the treasury bond folks the largest of all the markets the notes and bonds are by far the Biggest of any of the commodities that we trade we had an order today to sell gold at 1950 It got to 19 excuse me 1955 It got to 1954 and change and I missed the order and it broke so fast I didn't get a chance to get into it again. So it was one of those that you You know look behind you and say, uh-oh, what did I do wrong? What I didn't do wrong is I didn't lose any money on the trade and that's the main thing I might have lost some profit, but I didn't lose anything I just didn't get filled on this one the bonds work perfectly Nasdaq work perfectly the others were looking really good, but that one just missed by a little bit That's all part of trading folks and one of the biggest things that the big traders and I'm not a big trader I'm a I'm a little country boy just trying to make ends meet little bacon here little cheese there To make a couple bucks But the big guys their biggest problem is fear of missing out on something They hate to miss big moves and when they miss something like that it really really upsets me Me it does not The reason why is I have other things that I'm looking at you know, I was looking to I was long soybeans They made a nice profit on the day. I reversed and went short so far. That's looking okay But it doesn't make any difference. It's just a pattern And that's that's really all it's about. It's just a pattern and all I look for are patterns I know one thing very very clearly and that is I know what these patterns can do One of the reasons that I don't do as much astrology as I do is twofold The guests that I have On the show here are 10 times or more Proficient in astrology than I am. I know one thing abcd. That's what I know Okay, but they're very good at that and I know someday down the road when I'm up in that A big castle in the sky with the lord. I hope that's where I'm going to go That there'll be a segment on cnbc or tfnn or not tfnn cnbc Or a bloom bird or financial times news or something like that Talking about the cycles of astrology and that's all they are folks. They're cycles are nothing more than days Nothing more or less. Sometimes they're spot on Other times they're not but you know what that's the same thing. It's true of abcd folks And it's morning when I woke up. I've had a wonderful time here at tfnn over the last 17 years last night I was up almost all night trading doing it selling highs and trying to buy the lows and stuff like that Had a pretty good day But the the fact is that here I am at the age of we're heading towards that Ninth or the ninth furlong pole and I passed the mile pole at eight and so I've got about another Another seven furlong or another two and a half furlongs to go to reach the ninth furlong And I can't believe that I I can still do what I like to do at this age and being relatively good health And when I say that we live every day in an attitude of gratitude Let me tell you folks. I really mean it one of our friends here has a problem with some Neighbors that had some problems with some things and they asked for some help from sarah and I and And we we were happy to help out if we could but this is what this is what we what we really try to do And I I the other thing I want to mention is that I really enjoy All the people here at tfnn the feedback that I get is really important to me because I I value it and I try to do the best job I can but basically folks when it comes down to push of This is it, baby I know one thing and that's a b equal cd. You can stick with that And you're going to be okay. The problem is people get involved in the fundamentals They get involved in listening to rumors all what everybody else is saying or you know prospects of You know major crash None of that means anything folks What means anything is what that a b cd is doing because that's what Is the one that tells you whether you're going to be making it to the promised land And that's the truth. There's nothing else More I can say about that and I know some people are going to say well, why are we paying all this money? Hey, look, I posted charts last night to sell bonds at 120. I told I said to sell gold at one 1955 it got to 1954 and a half What was the other we had the the nasdaq was right at the the 3a2 retracement and soybeans I don't we sold so the march soybeans at We were longing the soybeans and reversing went short So we made five cents on six cents on the upside and then we went along it went short At 13 62 and risking only four cents So that's what we were trying to do today and we were longing to euro and get out right near the high Because that was what yes, johnny. I know it was a 3a2 If you don't believe me folks pull up an hourly chart on the s&p and look at the high today And you go back and look at the previous high that you can see on that chart And what's it going to be looking at? point 3a2 And that's what we do I hope you help help shoot this because That's what I try to do is it gets to the point where we don't have to risk very much And that's the real reason of what we're looking at all I do and one of my very dear friends Over in the uk says if you see a print 44 55 today In the no s&p, which is still the september I'm going to go into that. Well, I'm not going to have time to go into that But if you're trading the september and we're rolling over to the december which they did it a week early Wish why I don't know But that's one of the things that happens when you're trading these darn things. So pay close attention to that. Okay We'll be right back Shane small you next folks eight seven seven nine two seven six six four eight Steve rhodes started his trading career as a student almost 20 years ago And the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing at number two for the year an amazing accomplishment Steve rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn And he shares his vast amount of trading knowledge every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter Mastering probability and you'll receive access to seven of steve's educational webinars Absolutely free at tfnn all our newsletters come with a 30-day money back guarantee So you have absolutely nothing to worry about visit tfnn.com and try mastering probability 30 days risk-free today tfnn educating investors Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter market insights your key to successful active trading Tom O'Brien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades Tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted Stay ahead of the game with tom's real-time analysis and trade recommendations delivered straight to your inbox Whether you're a seasoned trader or just starting out market insights provides the edge you need to navigate the markets with confidence Ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today Don't miss out on this opportunity to supercharge your trading results Market insights comes with a 30-day money back guarantee for all new subscribers So you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com Right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter market insights firsthand tfnn educating investors tfnn has just launched their new trading room the tiger's den hosted at discord tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours And now they are expanding their reach with the tiger's den available to all tigers and tigresses for just one dollar for the year There's no catch or added costs when you join our community of traders in the tiger's den You can look over the shoulders of Tom O'Brien and the other tfnn hosts while they analyze charts during their live tiger tv programs And join an interactive trading community with hundreds of members exchanging ideas Interact with other tigers and tigresses as they share trading ideas news analysis and discuss the market action all trading day Even at night and on the weekends the tigers den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of tfnn.com Call now toll free at 1-877-927-6648 internationally at 727-873-7618 Hey, we're back folks, and I believe we have Shane Smollion the wolf trader dot com on the line Shane. Are you there? Is this Duke and Duke? 100 South Broad Street Philadelphia, Pennsylvania open 24 hours a day seven days a week. How are you doing my friend? I'm doing well Happy Friday. We've had some happy Friday. We've had some volatility today. So what are you seeing here in the market? Hey, listen, why don't you show us what you're doing? And then we'll ask questions later. So fire away sure Okay, so On the last segment we did earlier this week. I talked about the geomagnetic storms So for those those people who didn't get a chance to tune in I'm going to go through this again just to kind of give everybody a background in terms of of how this works Because it is so important with the s&p and these are things that they have a seasonality And they also have an unpredictability unpredictability to them. These storms can come off of the sun This is a map of the the solar storm activity now This is an annual cycle. So there is an annual cycle So this follows an annual pattern, believe it or not So this is this is the number of storms here on the left that happen per year And these are the months at the bottom. So you might be wondering what what does solar storms have to do with the market? I don't I don't care about solar storms. I care about the market Well, the reason is that these storms do affect the markets They affect humans in their emotions and this is well documented And as this storm activity increases it has an inverse or negative effect on the market So right now we're in september. So we are approaching peak months Between now and october and we have seen quite a few months So I spoke last time that this is the seasonal pattern of the dow Jones Dow Jones typically does tend to fall into Decrease from the september period into october november and one of the things that I noticed here Was that this this looks familiar to me when I saw both of these so I put them on top of each other And you can see that there is a direct inverse relationship to the solar storm activity Which increases on the letter a here and the dow Jones falls in the letter a Solar storm activity decreases on b the dow Jones rallies up on b the solar storm activity increases from this july to october period dow Jones falls this letter c and then of course we bought them right around the end of october And then we get this positive holiday holiday seasonal Through thanksgiving whatnot now people attribute These seasonals to different things. I mean we have different commodities and then there's planting seasons and harvest seasons Every commodity is different with their seasonals But the question that I really would like to ask here is is this solar storm activity responsible for the The solar cycle. I mean for the equities. I mean, it's a it's a valid question Because we know that these storms do affect the psyche of people It's well documented and I'll get into that a little bit here But I really posed this question is this what's causing the solar cycle For equities we really have to ask that question because the relationship is clear here in terms of the inverse relationship Now these geomagnetic storms this information is from a paper From the Federal Reserve on geomagnetic storms and essentially what they what they found was that When these storms come off of the sun Uh the following week the markets are depressed and it's it's it's you know, there's a couple of outlier countries here But for the most part when we look at the world there is a global depression And there there's all of these theories as to why this occurs But in in literature and in psychology and medical literature literature There is documented information about people experiencing emotional distress and depression after these storms come Across the earth and then of course humans make decisions about the markets And so the markets tend to rally when people are excited and optimistic and they tend to fall when they're fearful and pessimistic So this this tends to have a very small Like a small small term effect on the markets And and this is a look at the nasdaq the s&p the amEx and the new york stock exchange They're all down for about a period of one week now. This is after a big storm I mean that we have different ranked just like hurricanes, you know, you have a category one category two This is after the big storms, but the markets do have a depressed level after this And the other thing that they looked at here they looked at the size of the stocks And the smaller the stock The more the impact on the price of the stock and so you might say well, what is that? What how does this the size of a stock affect? If it's going to go down or not, I mean it's just a stock, right? I mean, how can how can how can the stock feel what's going on with the solar storm? and their their reasoning was in the paper was that The smaller micro caps and small caps, this is usually smaller investors This is not institutional investors and the larger caps are pretty much they're buy and hold I mean a lot of these invest they're not going to sell off apple because a storm comes or something, right? They're just going to hold it But a lot of these smaller terms, you know people make you emotional decisions And so it's very very interesting that the smaller the the cap the more that the the stock gets depressed And so we would expect the Russell to get to get Hit the hardest and so this is one of the reasons why I focus on the Russell when we have these solar storm seasons And we're looking for shorting opportunities. I like the Russell because it's more sensitive to these So real quick, I am just going to talk about some paper some conclusions in the paper here um But they they showed that this was a statistically significant in terms of the decreases in the markets after these storms come across And then they said that they document that these storms affect smaller capitalization stocks And they say they rationalize this finding by noticing institutional ownership is for higher cap stocks Like I just said and smaller caps are being held by individuals And so this is what they think and then this this blue part down here says overall results are consistent with some of the recent findings in the psychology literature are robust at different measures to capture the geomagnetic storm effect And um, it says as a supported argument We use clinical studies showing that geomagnetic storms have a profound Effect on people's moods and in turn people's moods have been found to relate to human behavior judgments and decisions about risk Now the reason I bring this up Is because the theory of astrology is the same thing when these trends are happening in the sky It affects the emotions of people and the markets can tend to follow this So it's it's a this is not astrology per se But it's a similar concept in terms of affecting the psyche of people and that we are very sensitive To these storms as they come across so I'm going to show you a couple of pictures here Uh, and again, I'm just giving some background, but this was march 31st of 2022 now This was after that big decline here Uh that we had when the fed started the tightening and we had this rally up here And you can see that this is when the geomagnetic storm comes right here and it's it ends the rally right there So this was the first time I was really looking at this as a some type of a predictor Uh, so I really started to track this stuff. So that was in march. So well, that's interesting. I mean, um You know, maybe that was just a lucky call But we looked at it again in august and august of 2022 We had another rally here a big one in the summer and then the g3 geomagnetic storm came and and whacked the market down Uh, and the g there was another g2 storm down here now It does help if you're in a bear market Because that's you know, you already have this negative sentiment going on But it's really amazing how these storms show up right at these market peaks And these are things that you cannot time at the beginning Like I can't put this in a newsletter and say the geomagnetic storm is coming on, you know, september 17th or whatever They they give you some warning and even when you track this it's it's sometimes the warning is off It's not it's not so clear like a hurricane is so I do my best to give these forecasts to people But it's really amazing that this is a new tool that we have in our arsenal What we do know about this month for sure is that statistically This is a month where we have more of these storms and then it happens again in october And we all know that black monday in 1987 and all of these horrible stock market crashes have happened In this october period when the solar storm activity is the highest so Um, just just just a little bit of background to give people in terms of what's going on So again, this was last summer. This was august of 2022, but Let's pay it back at three You bet. This is really great stuff folks. I'll tell you a story about this later when shanes on 877 927 6648 The gold report As a precious metal gold is still king It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market The us futures market and the shanghai gold exchange The gold report Tom o'brien publishes his weekly gold report every monday morning for subscribers Consisting of coverage of the xa u hui gdx the dollar bonds the south african rand As well as 25 different mining equities with specific buy sell recommendations The gold report New subscribers get a 30 day money back guarantee so you have nothing to risk Subscribe to tom o'brien's gold report newsletter now at tfnn.com Everything in the universe is governed by the fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork To patterns in the stock market to stay on top of stock patterns You can take advantage of sign up for the fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader larry pesavento On stocks you need to pay attention to and you can trust larry's analysis After all, he's got 45 years experience as a day trader larry will also provide daily charts Videos and data on the key markets that he's tracking expect notifications from larry on market movement You need to act on at any time first time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up Subscribe to the fibonacci 24 7 newsletter today tfnn.com educating investors Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts To help you make the right moves with your money Watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be educating investors Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com and hit watch tiger tv. That's tfnn.com and hit watch tiger tv Okay, we're speaking with shane smally to wolf trader dot com. Please continue my friend Okay, so this is a graph of a recent graph of this year looking at the different solar storms In terms of what's going on now We had this phase here early where we had this bullish momentum building here So when the cheats when the storms came across earlier this year It it had a corralling effect on the market in other words it impeded it from rallying But the minute the storms disappeared you got this breakout rally here And the market had a nice run here actually And then we started to get a series of very small storms near the top and the fed internals finally shifted into a cell And so now we are on the back side of this and we just had another g2 storm here this week We had a g2 storm and then we had another g1 a little one that came right after it And that was right on this decline here. So once again this yes Yeah, we've got a caller coming in. Could you take the call? Sure Who's on the line, please Uh, this is chris white from san liandro, california Uh-huh. When did they let you out of prison sir? How long has it been? Well, it's been almost a week, but i'm trading already God bless you my friend Shane you got you got somebody that's in the family here. So take good care of him chris go ahead answer your question Uh, here's my question Which economic report Other than the fed most affects the s&p 500, you know, like consumer data, which which economic report that comes out affects the s&p the most Well, okay There's three big ones that I would look at now in terms of affecting I'm talking i'm going to talk about volatility here, but of course you have the non-farm Non-farm payrolls which occurs on the first friday of the month You have the cpi report, which is the inflation and then you have the gdp And those are the three big ones that move the markets now There are other markets that you can look at like michigan's sentiment Um, anytime anytime you have a fed meeting You're going to have big movements and the market also Tends to rally or get very volatile while the fed is giving his speech So you're talking about two o'clock to Roughly three 15 on those fed meeting days And then you also have days where you have the fed minutes Where they release what the fed said and usually that's at like a that's like at a two o'clock p.m Eastern time. So those are those are the I would say if I had to pick five I would say non-farm payrolls cpi gdp The fed fomc meeting and then also the press conference And then the the fed minutes and then if you're into agriculture, there is there's the crop report Which is which is equivalent to a fed in terms of explosive moves Yep, that's pretty much it. I have to do that All right Any other questions guys? Thank you Thanks a lot. Please continue Please continue Shane just had to Tell you in person on this on this show It's great. You did a good job. Those are Shane. Those will be big shoes to feel right Well, I don't know about that. It'll be interesting to see to see who gets a show. All right you guys. Thanks Thank you. Thank you so much You bet fire away. Larry. That's the last thing in my mind. Let me tell you In my mind, you're gonna be around forever. So we'll we'll just uh, we'll stick with that forever could be tomorrow. You never know, Bubba Let's hope not. Okay. So, uh, when we look at the s&p here, um You know still still holding right at that 50 day moving average nasdaq same thing with the s&p Um, there there are some divergences that I've been looking at here on this market One of them is money flow. I mean, there's a there's a money flow divergence down onto this under this 4300 I think that's going to go down and fill I mean, it's been meandering around here And so that that's been one. There's there's quite a few gaps down here still Uh, we have on the s&p cash. We have 42 32 and then 39 79 and these are all Gaps are like likely to fill if we do start to get a sell out these these tend to be magnetic points Very similar to Fibonacci points and these are all sitting at some heavy support and resistance points So we'll we'll see what happens there um Now we're talking about daily daily fed info what I do want to Touch on here is the fed juice now The the gentleman just called in and asked me about the top You know the top days where it moves the markets and and those days are Somewhat unpredictable. I mean, it's just you know, you get a big volatile move Especially in the bond markets on those job reports and cpi and cpi numbers But this one is data that I collect daily and I have an indicator on the fed juice and To me, this is this is the bread and the butter now larry. I listen to your shows all the time I was listening to joe denappley yesterday talk about how he had such a good 2007 and 2008 and then 2009 everything went crazy Now larry, I cannot tell you how many people have said that to me I myself was included in that group when 2009 hit All of a sudden everything went crazy. This is when they started the fed juice This is when all this stuff started guys this stuff didn't exist before 2009 and that's why the markets were very Very friendly to a lot of traders now. There are algos out there. He's absolutely right about that He is spot on about that But the fed affected this and so right now the fed internals are falling right now And so as long as this this is falling, there's no fuel for a rally It just cannot go without the fed we see these we see these rallies pop up here and then it fails back down So as long as this is still in a declining pattern I'm definitely okay with being short on this market. And so particularly on the rustle That's that's a preferential market right now simply because That those geomagnetic storms are going to be picking up this month And we want to be into the small caps on the short side Now I I do have short positions on all three of these markets right now s and p now zek and rustle But the rustle is the one that really gets slammed and you saw this week the rustle really got hit hard I mean this when that storm came across the rustle dropped 30 points in a day I mean it was just instantaneous It's really amazing how how quickly that affects That affects the rustle. So we still have a really strong Just downward pattern to this market. And so I'm I'm not comfortable being short on the s and p very much But right now I feel like it's the play to do Now You know in terms of picking projection points And you know, I do break with other technicians other technicians will tell you You know if the market breaks this level watch out, it's going to keep going I don't I don't believe that because I've seen the fed erase incredible Horrific technical damage, you know, like the kind that you need plastic surgery to fix a face in an accident You know, like those types of Mangled charts and then all of a sudden they just pop back to life like in the 1980 You know like in like those horror movies like halloween or freddy crook Or like you think he's dead and then all of a sudden he pops back to life That's what happens when when the fed starts to search this this market and search the juice These markets can recover very quickly. So I'm very careful about saying, hey, you know, once it breaks this level It's it's all over because we know that There's just a there's a dynamic interplay now between the fed and the markets and it's a permanent thing It's just something that it's a new way of life that that that is a matter of fact in these markets So, you know, right now I still I still think the s and p is weak and I still think we have some downside But I I just don't I just know that when they want to change this they can And I think they probably, you know, probably prices are too high I mean, we still have a cpi is still a little bit high They they want it to come down another point and we know that's tough to get that last point down So, you know, I you know, this this if this thing starts running away That's also an inflationary type of an indication. So they probably want this, you know down into a level That's that's somewhat tame. Um, okay. I do have Go ahead No, we we're fine here, but we've got to take a break here in 30 seconds. So Get ready for that second break, but we're looking forward to it. We've got the starting right now But we'll be back with about three minutes. Okay with Shane small you folks wolf trainer dot com You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible Get some advice from the experts you might find that it's not so impossible after all For daily market overviews that give you direction on the key indices selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns Finding the peaks and valleys and stock prices get the opening call newsletter by basal chapman and your inbox every day First-time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Are you ready to take your trading to the next level? Introducing tom o'brien's award-winning newsletter market insights your key to successful active trading tom o'brien renowned for his expertise In the financial markets has designed market insights to be your daily guide to profitable trades tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted Stay ahead of the game with tom's real-time analysis and trade recommendations delivered straight to your inbox Whether you're a season trader or just starting out market insights provides the edge you need to navigate the markets with confidence Ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today Don't miss out on this opportunity to supercharge your trading results Market insights comes with a 30 day money back guarantee for all new subscribers So you have nothing to risk Don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join thousands of traders Who have already experienced the power of tom o'brien's award-winning newsletter market insights firsthand tfnn educating investors Biotech is booming But for how long whether you think the biotech bull has room to run or has run its course trade labu Or labd Directions daily s and p biotech three times bull and bear etfs Visit direction investments.com slash biotech today An investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at eight six six four seven six seven five two three 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 distributor four side fund services llc This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Okay, we're back folks with shane's will you'd wolf trader dot com but before we get to that I want to give a gift to anybody any males out there. I know this is a sexist thing, but I can't help it That dude does not like shaving Folks if you go to cvs and buy some shaving cream called cremo cr em o Folks every friday. I usually go to the barber here in town to have a barber top shave You know with a straight razor and everything like that But with this shaving cream, which is ten dollars You will not believe the shave that you get and now we're going to turn it over to our main man The wolf trader himself shane's mullion. Go ahead my friend No, you're telling right? You're telling right? I'm gonna tell you but you're not old enough to shave later on Aren't you afraid you can get whacked at one of those barber shops? No, no, no, no you always go always have your face to the door. Don't have the back to the door. That's the key All right, all right a cremo. All right. All right. Yeah, it's good stuff. Check it out. Um S&P, uh, just statistically if we look at some of these statistics, uh, Thursday is the weakest day statistically and wednesday and thursday are the two weakest days This is most recent here Now this will be interesting because the fed meeting's coming up soon So wednesday thursday week, so keep an eye on that market next week after the fed meeting Those tend to be the the weakest days monday tuesday are the two strongest days at least statistically That's how it's been going. We did talk about the planetary speed index before this is the 1987 market crash and the red line Here is the planetary speed index And uh, there are some signatures that do show up when the planetary speed index is falling mercury station venus uranus and then mercury station again Uh, we are coming into a period here We just hit the midpoint of the mercury retrograde and that that can tend to be a reversal Of the cycles and we just saw the s&p top in this little rally So it's coming into another low into here the next day or so So we're definitely not out of the woods here on this. This is still a Dangerous time for this s&p. And so I just remind everybody to be cautious with this now Larry, this is one of your favorites the bradley, right the traditional bradley This is the one that arch crawford also used to talk about all the time And uh, this this this is declining all the way through the rest of the year We just came up into this little shoot up here and it's going to be falling all the way through january So, you know, what I tell people about this bradley is, you know, when the fed is weak, which the fed is weak now Uh, this tends to become very accurate I mean it picked up the little rally that we had and so this tracks the rhythm of the planets and the cycles transits Which probably has a similar effect as the solar storms on on people, uh, but when the fed is strong Stuff doesn't work as much You want to talk about the u.s. Dollar? I certainly do. I would like to mention folks that when he's talking about these cycles, there's nothing more than days When we talk about the mercury cycle, it's usually 88 days venus cycle 255 days, that's really what you're dealing with but when you bring in the a word Some people get, you know, absolutely petrified raise your hand Larry, but anyway Yeah, well that that look that oscillation across of mercury across the sun That's a that mimics simple harmonic motion in physics. It's the same exact concept restoring forces Directly that's one inversely proportional to the displacement and that's that's how they model that simple harmonic motion And so when that mercury hits the midpoint The acceleration vector shifts and that's probably why it's changing the markets. Anyway, um US dollar fed juice. We've been tracking this on the fed use. It's just continuing to go higher here Uh, this fed uses these are the red arrows. So the fed juice you may you may ask Well, what does this have to do with the dollar? I thought the fed affected the s&p Well, I I I have a trading neural network that I can track what the fed is doing for any market And that's what this is. And so the dollar has been just steadily climbing And so the fed use picks this up it stays long and then this blue one here is a lunar cycle For those of you who aren't afraid of the moon. It's a cycle based upon the moon. It's called the quad lunar cycle And uh the moon effects tight And it's it's going up to till 9 11. So, you know, that gives headwinds that gives issues for things like gold too Now the the the solar cycle or the annual so don't get scared of the word solar guys It's just an annual cycle. This is an annual pattern If you say the word seasonal to people they become more comfortable with this But it's really just tracking the position of the sun and then it's just like a clock. It's just a clock There it's like you say it's like a cycle But the dollar gets stronger now going all the way into november So this is a positive seasonal time for the dollar. So probably gold's gonna gonna Struggle a little bit here. I mean gold was supposed to have a positive period Where it was supposed to rally according to the seasonal pattern, but it didn't And so now it's coming into a negative and it usually runs inverse of of this Any questions on the dollar? No, that's pretty much spot on. That's what I like to hear. It's uh Exactly, but you know when I did the books on astrology, you know, people would always be petrified Of the word astrology, but in fact, it's you know, nothing more than cycles So the problem that I had with it. Shane was you know, I was I was a really Practicing catholic, which I still am but not to the extent that I was in 1988 And you know, you're basically the catholic church that if you do anything with astrology You're dealing with the devil And I says well, I have a lot of experience because I've been married to this one for 23 years And anyway, once I got rid of her it sort of fit together But you know, it's just numbers. That's all it really is. So I hope that Makes sense to the folks that are out there listening to this Sure, sure. Yeah, it's like looking at the clock on the wall. It's the same concept Yes, it is. Yes, it is. It's just a clock. It's just a clock Oil oil is still positive guys. It's still positive the seasonal is positive all the way through October So, you know, I still have oil positive on the Fed use and the Quad lunar you can see here on this chart these two arrows the Fed use goes into bond a 25 and then the quad lunar on a 25 and that's always nice when the seasonal pattern lines up with these signals They usually get a nice move and then we did get a nice little lift here And that tops on 9 11 is when the oil tops and then if we're looking at a Paris trade I do a Paris trade Between sir, I have like four of them we look at but this is oil and gold and this has been pretty good I mean this picks this up on July 31st. This gets long on oil Short on gold. So so oil is weak relative. Sorry. Gold is weak relative to oil But if you looked at bitcoin gold is actually strong relative to bitcoin. So it just depends on what you're looking at But this is still showing that we have strength in that oil market and You know, I mean there's all kind I know Joe was talking yesterday about these crazy numbers on oil And I don't I don't really get into projections like that I just kind of follow the cycles and I follow the signals. I just follow the trading signals You know what they say buy I buy I don't you know I don't overthink this stuff because this has already been optimized. So I when the buy signal comes I just buy I don't I don't overthink it Uh, and if it's a sell I sell regardless of where where those those patterns are so Um, do we have time for gold? Yes, we do. We have this and then we have another two minutes coming after the break. So let's do gold Okay, so traditionally this was supposed to be a strong period for gold There's a couple of runs that it makes in the year and and uh July august is typically supposed to be good and it wasn't And now we're coming into this period where it kind of falls off into early october And usually when that occurs Um You get some selling because it wasn't able to to rally during the period where it was supposed to rally if that makes sense So on a relative basis it was weak. So, uh, you know gold's probably going to struggle here The only I do want to show you one chart here actually lair I don't know if I've ever showed you this But we track the japanese yen versus gold and can you see this the correlations on these charts between these two? Take a look at these two They're almost exactly Talk about this when we get back, but yeah, we will we'll be back folks eight seven seven nine two seven six six four eight Chains volume folks both trader dot com If you're looking for potential trading setups in the stock market Then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and Technicals sign up for rocket equities and options report today with a 30 day money back guarantee So you have nothing to risk for all the details and to start your subscription today visit the front page of tfnn.com tfnn educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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I know shane small you in the move trader.com And I mean that sincerely and you know that thank you very much Please continue on the goal. We want to know highs and lows other than that We're not interested so go ahead. I'm I get the hook, right? If I don't get um, you got it Just just want to show you guys something. This is the tip of the day for everybody. The japanese yin leads the gold gold Okay, I take a look at these charts. I always show these on my daily updates on the metals section But you can see here the yin when the yin turns it turns about a week before gold does every time If you look at this chart, you look at 525 you look at august the second You can see the yin turns first and then gold turns 10 21 the yin turns first gold makes the bottom then the gold does Same concept here on july 7th or sorry, january 17th Yen turns first then gold turns and so I always look Larry I always look at the japanese yin to confirm a gold move here and that's good to know. I'll be watching that closely for now Yeah, and the yin is very weak right now And so I again this this is not look good for gold at least on the short term I mean gold's resilient of course, but um on the short term here I just think as long as that yin is down and struggling like that. I think it's going to be an issue and again I talked about that seasonal pattern getting weak here for for gold So anyway, so I think we're running out of time. Do we have time for apple or we have one more? We have one more minute and two three seconds. So please continue with mr. Appel Real real quick apple So I have this wolf trader wave that I've developed which is it's it's kind of like an elliott wave concept Counts, but it's it's machine learning So I built it to my likings and this is down till december and so that kind of confirms what i'm looking at in the s&p I think we're going to be down for a while for a few months here And until the fed turns turn this around, but I don't see any signs that the fed the fed is turning this around So I just wanted to show people that we do do a webinar each saturday At eight o'clock and we're gonna do we're doing something different. We're talking about sports astrology and sports We're going to do that part two this weekend and we're talking about certain sports teams and their charts And so it's kind of a fun twist that we're doing this week. So just stop by and check it out eight o'clock Okay, thanks my friend. May god bless folks. We'll see you on the flip side tomorrow of every day in an attitude of gratitude and may god bless