 The Tf&N Bull Bear Training Hour every training day live at 10 a.m. Eastern call now toll free at 877-927-6648 or internationally at 727-873-7618 the Tf&N Bull Bear Training Hour now Tom and Tommy O'Brien welcome folks appreciate your growl and problem with us out here we have the now industry is up 119 Azek up 44 S&P's up 14 and a half gold contract up a buck 90 trading at 1513 an ounce you get silver up 8 cents 18 dollars 14 cents an ounce light sweet crude up 78 cents 56 dollars 97 cents a barrel notes and bonds you get the 10 year down 10 ticks 129 22 the 30 year off 30 almost two almost one point at 159 21 and King dollar King dollar 125 ticks trade in 97 364 the year is at 111 the yet is at 108 and a half and the pound is at 129 to 1 US dollar we're kicking into November bottom line markets kicking into new highs why not man continuation of last week and this continuation you know of course you know you had our markets up on Friday bottom line going right over to Asia right over to Europe and right back to us right now so well bottom line is that yes you do definitely have a higher price there's divergence inside the S&P we had some volume inside the Nasdaq as well as the NDX 100 you had a contraction of volume news out here today under Armour would be right up about a 15 percent haircut from Friday's clothes and you know the thing it's amazing about the story actually is that this they disclosed it today but this has been going on for two years let's bring everybody up to speed with what you're talking about yeah so you got under Armour folks is accounting would it be an accounting probe right yes no definitely yeah talking about their accounting I mean there's nothing more important than the the numbers you're putting out to shareholders representing the facts so under Armour shares plunging after the company disclosed that federal federal officials have been probing its accounting practices for more than two years yeah I wonder what the legal requirements are for such a probe and reporting that to shareholders and why that is now made available today so right the athletic company also lowering its full year revenue forecast on Monday but raised some other projections after posting solid third quarter results and on Sunday spurred by a report by the Wall Street Journal the company said it's cooperating with investigations by the US SEC and the US Department of Justice and doesn't think it's done anything wrong and that's where I guess you so the company began responding in July of 17 more than two years ago to request for documents and information relating primarily to its accounting practices and related disclosures and the company firmly believes that its counting practices and disclosures were appropriate that's what they said in their statement so yeah you got investigators though from I mean when you had justice department in there on top of that seriously man yeah um and that's on the heels of the CEO and founder just right announcing that he was stepping down as well and so that's a little bit more speculation when you get into that so he is going after this swing lower 1515 you hit 1588 we'll see what this shakes out you know they should have some support of 1487 but when you have I do that whole thing about two years just I have a high time wrap my head around that because that's material you know yeah you know I wonder how they got away with not disclosing there'll be some more articles written above it I'm sure and then big Mac big speaking of CEOs that are out right that's uh he's out you get a consensual relationship consensual let's get that word out there bottom line is that uh no it's against the terms man of your employment you know I mean you can think what you want but when the terms are laid out ahead of time um and it's tough to feel bad for that situation I mean the CEO he's divorced he's single it's not even a as scandalous as things most of the time get when this um yeah but the board didn't want the CEO having relationships with people underneath him in a corporate structure like that you have to understand how that might be something that the board wants to keep intact for the benefit of the long-term growth of the company it comes out that he was having a consensual relationship with an employee and um the board said no there's no there's no if ends or buts around it man but yeah as you're looking at right now I mean the stock basically doubled yeah in his tenure and he's regarded as one of the best CEOs in the business and the market really not hitting it that bad all things considered right and you know the they got a new CEO in there who was kind of right under him right in McDonald's and I just said a little bit earlier when we were talking to you they got a deep bench they do and they have a deep experience bench hey the Patriots lost I saw last night man no more undefeated season um pretty remarkable that the one team left that's undefeated in the NFL San Francisco 49ers their quarterback Garoppolo who was our backup quarterback at one point if you remember that when Brady was out that one year I think that's when he got suspended Garoppolo filled in did a great job and Garoppolo earned himself a whopper of a contract to bring it back to fast food and so they are the only undefeated team left interesting week in the NFL for sure and the box man lost a close one to the Seahawks I believe in the last minute they were close man last minute as is usually the case pretty close but no cigar so oil let's take a look at this oil market we get Saudi Arabia they're gonna basically go out to market they're not going out to our market no no they're not then so you get oil up this morning 56 95 you get 271,000 contracts let's look at this thing yeah so you got a Ramco going to Riyadh right the uh index over there and you know just to keep it in context man they're originally going to pump out five percent of their equity in international markets they're now going to push out you know three percent in a foreign market which much less reporting standards um buyer beware extremely I wouldn't touch that thing and the the valuations I heard Goldman was saying they might be worth 2.2 2.3 trillion and then you had I forget what company might have been Bank of America but a legitimate big analyst saying maybe as low as 1.2 trillion I mean this sounds like a we work type you know it's like maybe it's worth 2.4 trillion and an analyst saying maybe it's worth 1.2 well then maybe it's worth 600 billion I don't know you know and why would you believe anything they push out when it's a state owned Saudi Arabia oil I mean this is the same country to bring things to a reality that just basically killed a U.S. resident yeah on you know right it's it's so buyer beware to say the least yeah and you know I'm really surprised that they're doing it this quick after we work because it's like okay if you know the the broker deal the community the banking community they make a percentage of what is going to get pushed out yes of course they're going to try to justify as high as they can get yes it's just amazing that to me that people would actually I agree so but we'll see I agree we'll see where it shakes out and at least some of the people might be protected because it's at least not on the NASDAQ not on the NYSE whereas most people won't be buying an equity that's trading over in the Riyadh exchange or whatnot but still man it's people are going to get hard if they buy it and they lose their money when you have a company like Goldman out there saying it's worth more than two trillion dollars and they're very biased by that recommendation yeah yeah so we'll see where this oil market wants to go this is kind of interesting actually I mean it's like you know are they pumping the little market up at the same time yeah um oh totally you know because you're over the swing point now I mean that's saying 58 well saying 58 19 is game that's the bottom of the downdraft out here that was uh well actually was an updraft the next day was the downdraft that was September 16th and that was the attack on those Saudi oil fields of course come on look at that gap come on that's right okay so that's going to be a big number there yes that's going to definitely be a big number oh man um and the dollar the dollar is basically still flat out here up 118 97357 that's looking for lower price down that was up 121 now is it's a 42 this piece of 14 and a half stay right there folks I'm gonna come right back if you're not currently using the TAS profile scanner when looking at setting up your trading opportunities then your arsenal is short a mighty weapon the TAS profile scanner is a standalone piece of software that instantly filters over 2500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve doll TAS understands that in today's technological world the use of top flight software applications 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the uh remco uh ideal for a second we weren't even searching for the story but it's up there and it's interesting nonetheless right so they're pulling out all the stops to ensure success for the IPO after the crown prince finally decided to offer shares the kingdom cut taxes on the company for a third time revealed incentives for investors not to sell and it's considered boosting dividends further yet the Saudi government's already conceded the company probably isn't worth the 2 trillion valuation they've long advocated well somebody should tell Goldman Sachs that as they're out there pushing 2 plus trillion um and just to keep in mind again you know there's probably not a lot of investors I think who are plowing money into this even out there listening thankfully but when you have a state owned oil company right they can tweak everything in terms of they can shift so let's say the company's making boku bucks all right you invest in the company they're just crushing it well the state oil the state decides to just tax the oil company greater right and they take all the profits from the company and meanwhile it's still state-owned so it's just kind of shifting it from one bucket to the next and all they're doing is taking the money from investors in the company to push it back to the state meanwhile the state owns the company the state gets the taxes so they're lowering all the taxes ahead of the IPO but then they could just raise them back up the moment that the IPO is pushed out to the public and if you want if depending on how long a shot your memory is folks okay you gotta remember the next paragraph there our apco published a so-called intention to float on sunday the most dramatic change to the Saudi oil industry since the company was nationalized in the 1970s yep and that's when the kingdom took it over sure you know so the bottom line is that and here's where so Saudi Arabia is aiming for a valuation of 1.6 to 1.8 trillion Goldman Sachs told investors it's worth 1.6 to 2.3 what what is that you know I mean seriously Bank of America another top bank in the deal had a bottom range set at 1.2 BNP Paribas looked at 1.4 to the Bank of America is still another top bank in the deal and they're still saying 1.2 so be skeptical of even that you can see what's happening but they're employing 20 banks folks on its IPO so they're splitting they're trying to get every I'd say everybody in their pocket exactly so everybody's got a bias as they push this thing out yeah and they gotta figure out they gotta get to a price that they can just push so much out yeah if it's only 3% that's I don't think that's going to be hard for 20 banks to basically get right right you know but good luck in a year so exactly where's that price going to be right and there so they had a net income last year of 111 billion most profitable company of any corporation with an Apple Google and Exxon combined but the company's pledged to pay a minimum of 75 billion in dividends what happens in a downturn what happens if they decide to say you know what we're going to raise the taxes on that company to 85% on an annual basis because the state needs the money from the state-owned oil company and I'd question the aspect of them going public period I agree yeah because of the fact that okay if you're in a great business folks okay and you have plenty of money which they do yeah why are you basically saying okay you can have some money public right that's just yeah I'm not how it goes and we can see you know I mean there's there's alternates to oil right now and yeah alternative way yeah little by little I mean most of the time you go public because you don't have the capital required to grow the business at the rate that you can grow it at Saudi Arabia I said a private company this is from 1970 talking about 50 years seems like they've had their infrastructure built out they're just selling it off because they think it might be great to diversify well guess what you don't diversify if you have the best company out there right you keep your shred you pull out you pull a Bezos or Bill Gates and you hold one company one share for the life of your life and you never sell it if you if you can avoid it there's no bond so let's go take a look at the bond market so last week folks bonds caught a bid go top side we're pulling back today and guess what it's going to be on light volume I mean this is this is just amazing to me that you know you're at all time highs we're going into 2.2 million contracts we've only done 631 so you know this could definitely do 1.5 1.6 something like that but this is so unusual man that you're at all time highs bonds will not budge um you know can we pull up the 10 year yields yeah so I'll do this yeah there we go and you're going to see want to see a chart here we're sitting in 1.768 percent and yeah so what was that recent pink I was just curious that was kind of right as we were coming into the Fed 1.84 we uh we pulled back pretty hard to 1.76 that's on Thursday and then Friday it continued as the market just chugged higher to 1.67 and we're back at about 1.76 yeah and so what's also unusual that the Fed comes out says okay we're going to stay you know neutral for a bit yeah and the bond market besides no I'm going lower I'm going lower on yield higher on price I mean uh yeah lower on yield higher on price so we'll see that this whole thing shakes out but okay yeah good yeah well say that to lower it lower on yield higher on price right okay yeah and this is confusing but no that's not that's the Fed day right 0.85 we went down to 1.66 but because we only have the yield up there if we turn around and put the the bond up there you're going to see that as soon as the Fed came out the bottom line is that you think you go the opposite way well we went from 1.29 up to 1.3015 that's higher in price lower on yields oh that's what I meant yeah okay that's he lost it was the other way okay okay higher in price lower in yields right yeah so you know it's they're just still buying it and you know bottom line is that we'll see uh how the rest of this shakes out sure no I agree that's I do it's it's wild it sure is absolutely is how about Berkshire we had their earnings over the weekend he's got so much cash man I think he's up to 128 billion now with something free cash problem he's looking for better deals than he can find but the market okay with that up about two bucks it's almost a full percent yeah so let's see record quarter oh yeah now watch this this is pretty cool as to how this works to uh so craft craft has been a disaster for Berkshire Hathaway now that being said with what you have is this like almost a third of the jump in Berkshire is their quarter earnings came from finally recording its share of the package food giants 2019 results they had a gain of 467 million yeah and that's yeah they delayed reporting right the first half results amid regulatory probes right right and so what has happened folks in his investment is that because it's an equity he had a mock to market it this every earnings so he's been back a market is down forever I mean 2.7 billion in 2018 right yeah um and then if we bring this is say how much cash he has I think it's 120 billion it's it's a monster moment um and if we go to Kraft Heinz and look at it you're gonna see that this is still a mess but what does happen because he makes so much money on other things k hc can write it out and that it looks like I mean you know the bottom line is that he has rode this out if you look at this chart and you know chart 93 dollars you know down to 24 but on warrants gives me that's already written off yes right now any upside yeah comes into the upside yeah you know and like we're saying the market hates uncertainty so the fact that maybe that might be over those regulatory probes they couldn't even bring into their reporting now they have a number that they can put on it they're not as worried about yeah the woes of uncertainty story there folks Tommy and I are coming right back iPhone numbers 87792766 for $8,000 up on 30 Nasdaq's up 48 S&P's up 16 and a half come right back hi folks Tom O'Brien here if you like to get my daily newsletter market insights then now is a great time to sign up for a 30 day free trial every morning by 9 30 I send up 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 specific buy and sell recommendations for stocks ETFs and even options which stops and price targets included for every trade in my newsletter if you'd like to try my newsletter risk brief 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 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stocks just beginning to form the trading patterns that many investors spend days weeks or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts 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 on the front page of TFNN.com folks are down that was up 150 nazics up 52 s&p's up 17 and a half let's go inside the ndx first and see the strength uh inside that ndx so we have JD.com that's the Japanese I mean a china company it's up 5.5 percent Baidu's up 5.2 so china's gonna move we got a little trade optimism out there for that deal phase one deal possibly Xilinx is up 4.4 and net ease is up 4.0 another adr another adr yeah uh taking away from it activation down 3.3 um varus maybe analytics yeah down 1.1 what's happening to lulu man at leisure which they they ain't buying enough $250 uh yoga pants and and t-shirts and 1.3 percent well okay so what's going on with netflix all that we gotta we gotta talk about this okay because this is gonna get interesting okay so netflix is up four dolls and 36 cents so there's a big movie out that just come out that's getting um the irishman did you hear this i did uh who's that denaro scorsese right okay so listen to this this is amazing actually so no one would finance this movie okay and netflix end up financing it okay and then netflix talked to the um the big show house is all the okay theaters okay and so what happens is that the theaters would never make a deal with any distributor unless the deal was that you wouldn't let allow this be on tv for approximately 90 to 120 days yeah to wait that long to wait that long sure netflix wouldn't budge okay okay so now the fear that does this turn into a huge hit so now the fear is the complaining okay so sorry bring me netflix would not budge would not budge they said listen okay we're gonna allow you to have this in 30 days if you want to see this in a big screen at the clock static and last week okay and 30 days this is gonna be on netflix pretty cool i got you this is gonna be on netflix in 30 days pretty cool and they just said hey listen we're more concerned about um our subscribers oh yes that's what it's about for sure right and you know so now the the cool thing is is that i i wonder if they're gonna end up breaking records for 30 days so as soon as i read that i said oh that's pretty cool i didn't see it both ways that's interesting i saw somebody out there just uh social media saying they had seen it and then saying it'll probably be on netflix in like 30 days and i thought they were being sarcastic you know saying everything hits the market in no time nowadays but no i guess that's pretty cool man yeah and we'll find the article i was flying around a little bit yeah we'll find the article but yeah and that's where the whole world is going man i know it's night remember how long it used to be where you see something in the theater and then yeah it was a long time before it made it to vhs or something right now it's in the theater then maybe it's on demand on your cable provider or something we gotta pay six dollars even now when you pull up the on demand they have the service where it's like uh 15 dollars you can watch them ahead of time right so they don't mind they'll they'll give you the price of a theater ticket if you want to get it early right seems like it's just a race to the faster to get there so that would make sense yeah pretty cool and it's wild yeah if we go into the down industrial strength versus the weakness folks uh we'll look at the point ones versus the percentage so yeah cva um chevron uh chevron chevron's uh putting the 28 positive points bowing 25 3m 18 goldman 14 taken away from it uh big mac minus 32 proctor minus 13 cvx let me go look at this baby look at that move man it's four dollars and 17 cents so what's happening here this is today and we're back to the weekend 11-3 yeah so i mean i had to see what the uh maybe it was that okay i mean i think i saw maybe it has to do with uh this one to buy part of there are they selling off maybe a portion to buy usp they're staking an oil field in ezerbizhen okay um 1.57 billion that was just kind of cashing in taking the cash and that market getting applied so buying chevron's not 10 stake almost 9.57 percent stake in the oil field plus an 8.9 percent stake in another pipeline known as btc that leads to the mediterranean port of that cayenne saiyan yeah that's always nice to get some cash man yeah talk about relieving uncertainty right you just basically sell off your assets yeah and you know you're taking a little swing quite a problem taking it with volume so you expect higher price to to still get out there and in this day and age and what's also going to happen with this um they start with the saudi aramco ipo it's going to be basically you know if you like the oil market you gotta you gotta look at like okay you know what's xon trading at and what is chevron trading at now that those are bigger but okay xon you know what's a big p e actually is that a full would be when you say bigger than what bigger all around the i mean then saudi aramco or would be bigger than what saudi aramco is much bigger than both of these companies but it's still going to be like what is what is their p e sure definitely oh that doesn't look right right no i think that's that's definitely right okay so i mean this is not a growth company no you know that's a big p e that's all i'm saying oh it's too big it could be yeah yeah right i thought you were saying it could be bigger no no i agree i agree i mean look it's yes yeah yeah xon's probably not right there chevron this and trailing p e 6.6 forward p e about 18 still a lot of money for you know but they're they're paying a 3.9 per six dividend dividend right now almost four almost four percent at this price and then xon is paying look at that xon's paying 4.92 percent okay you know that big numbers right certainly what you're going to be looking for inside that ipo is that what is going to be the dividends because you know we're sure they don't have growth yeah exactly yeah definitely if we go overseas we take a look at overseas what you'll see is that right across the world last night folks um you had some action green on the board the only thing i saw was the niké there in the red yeah so niké down three tenths of a percent hank sangh was up 1.6 shanghai five eighths okay and heavy there now next uh i think it's november 11th that's going to be singles day so singles over in china yeah that's the largest uh that's like their black friday but it's much cyber monday i was going to say all combined in one times ten exactly so if we take a look at the europe europe's up about 1.1 to 1.4 percent across the board yeah uh the uk uh this saga continues and we'll see where this is going to shake out but you know right now the bottom line is catching a bid we take a look at that is quite a bit man isn't it that's almost what two percent right we take a look at the the pound pounds going sideways uh euro really sideways move too not much movement they they both look to me that they they do want higher price so we'll see where that shakes out how's disney trading today they can keep my we had our disney coverage um our netflix uh one more not the day um no we're gonna not the di a you got in there disney disney dis um because anytime you talk netflix man i take a look at that disney quite a pop man from 130 to 133 over a couple days coming up to that price point but still you know i mentioned it if you're a long-term buyer disney not a bad price man no um yeah i mean it looks far and moving 2011 but boy oh boy i just see them being a jerkinot five bucks a month or something for their service when we come back i'll bring up disney because i want to see if they break out because they grow by leaps and bounds in china you know okay i mean i'm just curious whether they break it out stay right there folks tell me 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 for us 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 rate for a four-year cd in the country as of february 20th is 3.1 percent a 50 000 investment at a normal four-year cd rate of 3.1 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competitive edge that will help you stay ahead of the game visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com 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 directioninvestments.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 866-476-7523 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 foresight 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 that was up 142 nazics up 46 s and p's up 16 let's go to david boston david what's going on brother gentlemen good morning how you doing morning david yourself just left your part of the the woods back on tuesday i was dealing in the upper 80s and today i'm looking at snow frost on pumpkins how do you love it snow frost really november november well it's just frost i mean i'm like no i know it's pretty intense it's our time of year you know what it's like it is i had a friend that got married at the aquarium actually i think it was saturday or sunday and they say they got 50 degrees and some sun i heard it had been raining a lot but you guys hopefully you guys get some good weather up there they lucked out with getting a little decent weather on uh their wedding at the i was like new england aquarium that's a cool spot of course it is it is a nice place it's a beautiful time of year right now um you know how it all goes yeah um i had a question for your regarding gold um i am looking at uh well from the gld the gdx i wanted to ask you specifically tom about how many though um with the dollar uh looking at climbing as far as the percentage of your best one to ask on us how would your take be on that as a shot versus the uh as opposed to moving with gold you mean shot harmony yeah it's only three at all stock though right but i mean uh so what what's what happens here so i i i get i get i get the understanding of it because if the dollar basically goes goes into lower price what what is going to end up happening is that the rand okay will get stronger versus what it was okay that being said though anything like we're at 14 and a half ran to one u.s. dollar right now anything like over 10 or 11 is like these companies still make money handle a fist okay and they have okay they have millions of ounces of gold i mean what happens is this is that they got like let's say a good gold mine it takes 10 tons of gold for like one ton one ounce of gold 10 tons versus one ounce right they probably have to take 30 tons for one ounce the differential is that there's millions of there even though they're they're you know the mile the mines are like you know two or three miles deep so okay that the the correlation the correlation goes right to like a 32 000 employees they still get paid with us dollars for their gold and they're basically you know paying and rand and if you take a look at this rand you're going to see the rand is still so dramatically weak compared to a long-term aspect of it i mean you know this is pretty intense man i mean you know the rand was trading at what eight dollar eight to one and 2010 when we were 2011 it was all-time highs was 2011 let's see nope back it up back it up right there look at that we were at 6.9 ran to one u.s. dollar that run from 2011 to 2015 was just remarkable yeah you know so i wouldn't be basically shot in how many okay well so the like the junior miners or the gld it'll be a better vehicle versus that notion of the uh the dollar going going lower and going with it so you're saying the shot the gdx or the gld is that what no no definitely not going going with the uh like gdx just buying the liners or yeah no i listen i think right now we're at the cusp meaning that we're at the cups yeah if we if we pull this up what you're going to see is that the metal market itself last week okay had gc the we broke that downtrend that would have been in and you know you broke it with good volume so now you get a shot and the that's right and the high i'm talking about is that 1566 that's the september high if we take a look at this what you're going to see you know is that you get a decisive break we broke it a week ago two weeks ago friday we came right back top side you come down with life volume came back and that's saying okay it wants to make the run to that 1566 and the equities did the same thing you know the the equities had volume the equities took a small swing point out if you take a look at this a lot of them took the small swing point out and it did have volume on the takeout um that's that's not well i can show you the day that i'm looking at this is the the swing point so that was 1.6 and versus 1.4 and hot and uh an equal eagle if we go to f and v and then you get franka nevada wants to go to all-time highs so you get franka nevada that swing point was 96 96 at 474 thousand and we took it out with 733 and this is the thing that's amazing actually to me is that this is actually quiet that was so close to highs you know and some of these gold stocks it really is because what we what we normally used to is that you normally get a run do you know what i mean and this has been a just a chop chop chop so yeah and i mean you're not hearing it you're not hearing it off the off the top like you uh will win gold that puts in those big runs it's not even close you'll you'll we'll hear it once you break the high but it's not even close yeah no doubt right okay cooking brother okay guys have a great one thank you have a great one you too dave thanks for calling man all right see you guys bye so let's get back to that netflix deal because we found the story yeah we were jumping around a little bit too uh because it is remarkable i was saying you know i've heard great things as i mentioned so the headline in this the inside the fail deal that almost made the irishman netflix's first wide theatrical release so the premise here that we just may have skipped over a little bit so it's not out in theaters everywhere so it's it's out in just select theaters it's probably not out in amc right it's not out in the big houses and so that's what the big houses were arguing that they wanted their terms and this is gets into some of the exact numbers so the theater chains look how close they were all right theater chains were willing to let the movie have a 60 day exclusive theatrical window yeah lower than what they usually push for so netflix got them down 12 days right uh but netflix wanted a 45 day window and they couldn't get in between that 45 and the 60 day deal so nonetheless uh they've released the movie in a limited theatrical rodin in which theaters are getting the higher end of the ticket sale split and multiple sets so this was the first look at the ticket split up there was pretty cool so amc and cineplex right yeah uh they're probably the ones that it's not at but they would they would try to get uh 75 25 and it looks like the way they're reading that whoever did end up taking it there they get the they get the good take so let's see amc the largest movie in the chain and cineplex which has 1600 theaters in Canada were in talks with netflix for months on showing the martin square cc's gangster epic according to their times times reported that bolt chains were even willing to do something that many industry thought were unthinkable shortening the exclusive theatrical release window from the movies to just 60 days before netflix would be allowed to make the movie available for streaming industry-wide it's usually 72 but the stock stock stalled because netflix wouldn't go higher than 45 and um that's not the whole story i guess that's where you go there right both sides weren't just negotiating days they were trying to get a better deal the theaters than they normally get from hollywood studios and uh usually studios get a 60-40 split meaning theaters only make up 40 percent we'll finish it up man because that's an interesting one the industry is changing yeah stay right there folks come in i 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 trait that we tigers and tigers share 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just click the think or swim banner on the front page of tfnn.com welcome back folks and folks as you come over to our website at tfnn you are going to see our man Mr basal Chapman he's going to be riding the wave the Chapman wave from subscribers he's got an event coming up folks on November 19 from 5 to 6 30 p.m for his subscribers and it's real easy to be a subscriber you come over to our website at tfnn you're going to see it right under featured content two weeks from tomorrow man wow he'll be in there uh november 19th tuesday 5 to 6 30 p.m 90 women minute webinar he's going to be going over a comprehensive review of the Chapman wave techniques and market outlook ahead for 2020 he's got some stock picks in there already 15 to 30 percent intro year winners and by request from his subscribers basal's going to be reviewing many of the Chapman wave techniques that helped in their successful analysis that's going to include rhythm of price movement in all time frames the practical application of moving averages arching cup cw notation he's also going to be discussing sectors and stocks of importance going into 2020 and of course as always that's going to be arch I know man it's it's remarkable so 90 minute webinar of course when you sign up you gain access to the opening call great service you should sign up check that out regardless and you get a bunch of great archive webinars in there to check out and so check it out that's only in two weeks you get a 30 day subscription 30 day money back guarantee right no matter what subscription you sign up for folks whether it's great education the month the six month the year if you plan on staying on I encourage you to why not sign up for six months you still got that 30 day option that way you can lock in some savings when I imagine you'll stay on there for the opening call man and market wise out here the bottom line to get a little fluctuation the dial up 127 and as that cup 38 s and p is up 14 and a half and if we just take a look at this you're going to see the the s and p is just fluctuating about five points once it got up these yeah 15 pretty tame so far yeah stay right there folks you have to think of swim coming up next and I'm am Mr. Basil Chapman Steve Rhodes day white I'll be back this afternoon have a great one thanks man yeah we'll get him folks