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When you refuse to take things personally, avoid many upsets in your life, you're feeling the anger, jealousy, and even sadness will simply disappear if you don't take them personally. Mug it wise, let's take a look at it out here. We have the Dow Industries trading down 80 Nasik off seven and a half, S&Ps off two. Gold. Gold contract down $19.70, trading at $19.53 an ounce. We have Silver up a penny, $22.60 an ounce, light sweet crude off a buck 83. $75.54 a barrel, notes and bonds. Ten year note, up six ticks, trading 108.10, the third year up 29 ticks, at 114.28, and King dollar. King dollars up 56, 105, 590, Euro, 107, he ends at 151 British pounds at 122 to one at US dollar. Our phone number's 877-927-6648. Give us a call, folks. I know it's going on in your world. In the world of the S&Ps, let's take a look at them. What do you have? Well, you took a lot of energy to get up here, folks. This is the building cause to get the higher price. So you can see that right where we are, this is, you know, this flack right here, there's no doubt about it. You know, we're fast and furious up there. We've been four days going sideways. We'll see how many more days you're going to go sideways. It's trying to take out this whole area here. That's what it comes down to. We go into the queues. We take a look at the queues, same type of setup inside the queues. What do you have with the queues? Right now, the queues are trading down 23 cents. Sideways move inside day, but you can also see the same type of setup, man. You're just laying right across these. So, notes and bonds. We take a look at the note and bond market. So we have with the 10-year note what you have, you know, we're going to need some more volume in order to sustain higher price in this 10-year. We're at 1.5 million contracts right now. You know, we had the swing come in at the 2.8. So, you know, last Friday it was 2.8, it had volume, check out the swing point that says you're going to be back up there. But you can see, you know, the last couple of days it hasn't been a lot of volume. My take is that we're taking it out. You know, we'll just see how this shakes out. Because it is good when you start going sideways, because you can see what happened is that when we had the wide price for an accelerated volume, we broke the down trend. So that's just to say in the 10-year it wants to go to the 1.14 level, and we're at 1.08, now watch how this goes. At the 1.14, if you look down the bottom there, see this July, is that July? Yeah, July 14th, see that right there? It's July 18th, actually. Now watch this, I'm going to turn around and we just go like this, 10-year yield. Now watch how this goes. 10-year yield. Basha, let's try this one. This one right here. Okay, cool, this doesn't. Okay, you can see what's happening here. If you're watching Tiger TV, you're at 4.5, 1.7 right now, right? Now you go to July 18th, okay? Because that's where this thing is setting up. Now we're at 4.5, is this July 18th, what is it? Yeah, approximately July 18th. That's saying that number one, when this, I just showed you that how we broke the down trend, so that means it goes to the top of the range, go to the top of the range, that means we come down another half a percent because that's 4. right there, 4.00, 4.08. And what has happened, okay, there's a mortgage rate, so check, so right now we're at 4.6, I mean 7.6. Now that was the largest drop in one week for a whole year, folks, okay? That's how intense it was, and then just because of that, you had the mortgage application is actually up 3% in one week, so it's gonna get intriguing to see the faster the drop, of course, the more people that are gonna go for a mortgage, you go for refinancing, go for all of that. We're gonna take a look at that gold contract. With the other gold contract, we're pulling back on gold with dramatically lighter volume. We're talking about 1.6, no, 162,000 contracts coming into 270, yeah, we're 270 right here. Let me put this volume up so you can see this. And we're not even at a .382 retracement yet, so the gold contract can go to a lower price, and we'll see when we get the rejection. There's another spot right underneath here that was a huge sign of strength. You can see that that was at the 1946 level, where the high was 1946, that low there was 1881 actually, that was a huge day. But you can see the contraction. The contraction is pretty dramatic, and most times you see that contraction, the bottom line is not enough sellers, and that means we're still going to higher price. Then we go over to King Daller. Now this is the kicker of him, because when we take a look at King Daller, what you're gonna see here is that each day, it's having a hard time to try to get back in its higher range. That's how this is shaken out. You know, we saw that you break, you broke the consolidation, we broke the trend line first on the way up. Then we broke the consolidation, and you can see that consolidation was going on for approximately three weeks, then it broke down. Now you're trying to get back in the higher range. Now that higher range starts at 109.559, and you can see we're at 109, I mean 105, one second, 105, oh no, 105? Yeah, it's 105.559, and we're 105.575. We tried it yesterday, couldn't handle it. Come up today, couldn't handle it. That's telling me that what? That we are on our way, bingo, right down here. That's, and that move, well first to move, I suspect we'll get some support at 104, yeah, the 104.699 level, because that's where we broke out from. But all of this down here, this wants lower price. Oil, let's go take a look at the oil market. Oil's been getting toasted and roasted, and we take a look at that oil market out here. Yeah, you're down with volume again. Oil's out of this way at 72 bucks, man. Yep, we're at 75.60, we hit 74.91. You get 396,000 calling tracks, so you're still coming down with volume, and there's just nothing, you're right in the middle. There's nothing here to hold oil up. Stay right there folks, come right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, Forex, stocks, and options. 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To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Toll free at 1-877-927-6648. Internationally at 727-873-7618. Welcome back folks. So down investors right now, down 60 get the magic off nine and a half S&Ps of flat. Let's go take a look at Newmont for a couple of the Tigers out here. So if we take a look at Newmont, the low for the year is today, 34.53, the high is 55. There's something wrong with the stock folks, okay? That's the bottom line. You know, I've been talking about this for quite a while actually inside the gold report. If you take a look at this, you know, you're down 12 million shares today. You're taking out a swing point. That had 10, you know, it's had 10 million. That's a problem, man. Let me look at this. You better be careful with this stock though. Because this doesn't make any sense. That gold's been up so high. And what's intriguing is that not only in Newmont, you know, Barrick, the two largest companies that have a problem here, man. So when you take a look at this, you can see that you're down from 86. Now that's going back quite some time. It's going back to, you know, 2022, the beginning of 2020. No, May of 2022. So yeah, I make sure I put a stop on this. That's the bottom line. Let's see what they have to say here. Yeah, okay, now Ph.D.C. Let's see who's selling this thing, okay? So what I'm gonna bring up is I'm gonna bring up the sellers and buyers in this equity. We can see if we can take a look at this. First I'm gonna go, if you're watching Target TV, I'll go to the latest changes. And then what you're looking for here, folks, you can see all the green, but you're looking on the far right. You're looking for November. See like right here? So someone bought 933,000. That was Citicorp. They bought that yesterday. They filed for it yesterday. So they probably bought it yesterday, the day before. And there's not much else out there. Okay, you can see that's a new one. 933, now they own 9.6 million. Now let's do sells. Now when we do sells, you're gonna see, okay, right here, we had, oh, they bailed all the way out. Look at this thing. Yeah, what was this? Now, you had a seller yesterday that sold a million shares, only has 139,000 left. And that is, should I get this right? Just trying to bring this over. Not sure who this is. Grace Partner's of DuPage. Okay, let's see if we have any others out here. So we don't have any others out here. You know, so it's, right now, that thing, there's something wrong with it for sure. And listen, it may be that they get lined up to buy a couple bigger companies and someone knows something, who knows. But I wanna go to Barrack for a second too, because it seems that when I've been doing the gold report, the two largest equities and the gold business can't catch a bit. If we take a look at Barrack, what you have is that you're trading 15 bucks. You know, he's down from 30. So that's not as bad as Newmont. Newmont's down from 84, okay? So this'll get cut in half. Now, this is a better setup. There's no doubt this is a better setup, but my concern is that it's still like, why can't I get any traction out of these things? When the price of gold went up pretty dramatically. You know, so Barrack is looking to do revenue. They're gonna come up to 15. They're looking to do revenue to 3.2 billion, bring 24 cents to the bottom line. Yeah, so we'll see where this whole thing shakes out, man. If we go to the gold contract now, I'm gonna put the generic one up because the gold contract is set up to go to this 25 to $2,700. And I'll show you how this thing is set up here. We bring this back, I'll put it on a monthly. We've been up at these levels, trying to bust the top level three different times. And you can see each time it's failed. One, two, three. That being said, what we do have is this. You're talking like a huge A to B, B to C, even if I do this one. I do this one. That's the one that's 1100. That's the run from 2000 to 2011. And then your contraction comes back to 2015. That's the one that, that was a 50% retracement on the way back. That's the one that has a price projection of about 2,500. These other ones in here, you can actually get to about 2,700. Now that's 500 bucks from where we are. But that being said, we're already up 300 bucks. No, we're already up $400. And you can see that these equities, that the two large equities haven't moved. So, that's something to, you know, if you're in the gold market, that's something you want to wrap your head around. There's no doubt about it. Because, you know, why, you know? Now, if you take a look at it, let's just go to, there's a couple that are strong. You know, Anglo-Ashante strong, you know? This is, you know, this is just a consolidation. You know, you're off a low of 14, you're at 1845. This loves trading inside of consolidation. The top of this consolidation is 36, I think. Yeah, it's 36. So this came, this one here came back to strength, took off out of strength. Now, the building cost for higher price. The, now let's swap there and then go into the XLE. Because if we take a look at the XLE, you know, we just went through the oil market. And what you're going to see, you know, the oil market wants a lot lower price. And you're going to see, there it is. And the XLE, it has volume behind the move. You broke the consolidation. Yeah, this is not good. If you just, it's a heads up, man. So your first XLE is trading 82.86, you know, 82.51, you got a little support. But realistically, let me pull this, it looks to me like you're going to get to the bottom of the range. Yeah. So your bottom of this range is the 75 or 82. We'll see what happens to the 75. You can also see the 75, that's a high volume, high or low. See that baby sticking out like a slow thumb. So we're getting down there. The cool thing is that if you do look at this, you know, you don't have higher highs, but you do have three higher lows, four higher lows actually, you know. So we'll see how it gets down there. But huge amount of volatility inside the oil market. And more than likely, you know, a lot of that has to do with China, you know. When we come back, I'll show you that Baltic index. That Baltic index is something else, man. You know, we went from 56.50 to 15.23. Now, what that Baltic index is showing, you know, if you think we're still in inflation, just think about the, as this break is coming on, just think about the amount of containers. I'm going to try and Google it. That a Wal-Mart or a Amazon moves from China to the US. 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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Dow investors right now trading down 78 Nasdaqs off 10 S&Ps are off 175. Now sort of check this out. Let me put this up here for you for a second. This is really cool. I'm gonna put the Baltic Index up. Let's see. Sorry folks, I get this. Okay, there it is. Okay, so when you see this, I'll get this correlation for you because this is pretty intense. And this is, you know, it's interesting every time when I'm driving it to work, whether I'm listening to Bloomberg, 7 in the morning, whatever it is, it's like when people keep talking about that, you know, inflation is not going away and all that, it's like they're not thinking this true as to where some of the biggest expenses are. And this is one of them. So when you take a look at this, what you're gonna see is, now the way this is little tiny dots, but you're gonna see the top of this ratio here, well, the top of this ratio is at 20, what's the top of this? Let me, this is the dry index. I see what's going on, okay. Anyway, the top of this is 2100, we're 15 right now. So it's only 25%, right? Now here's the number. Let me see if I can, because there's another one that starts at 56 and we're at 1523. Let me just see if I can get this. A value of 1559. Let's try this one. I think it's the same one. Yeah, it's probably the same one. Anyway, well, maybe it's not, let's say. Anyway, it's the equivalent, so check this out. So Walmart does approximately 20, as a 40 foot container, it looks like they do about, excuse me folks, a half million of them a year. It seems to me that they do more than that. But here's the point. At the peak of the container and the supply chain crisis folks, right? One container from Shanghai to the East Coast of Florida, or the East Coast, no, just the East Coast, was 14,500. Okay, just give me a couple quotes. Let's see in the tag is then. Give me a couple quotes as to, maybe I already told you with these numbers, but you're gonna blow your mind what these numbers are right now. Where are you? Anyway, right now, $1,625. Yeah, that's the correlation. Now, the 1625, it always oscillated between the 16 to basically 1850 number. But you can imagine just, you know, do the math on the peak of 14,500. And $1,625 right now. Now, the rate that I'm giving you there is not the rate that a Walmart or a Amazon would have. When I'm giving you the $14,000 rate, they could have been at six or seven or eight. That's real possible. These are spot rates. And vice versa. My point is, is this. It's thousands of dollars per 40 foot container. And I don't care what store you go in. You know, most of that stuff is still from China. So you can see right off the bat that the rate of prices, that is one place that the rate of prices went down astronomically. And listen, they're not gonna, you know, they can come back, but they're not gonna be back to anywhere near, you know, until that pandemic, I never saw a container. Let me see, what was the highest I saw? I might have saw a container is Shanghai, you know, to the East coast of Florida, 1950. You know, I don't think I ever saw one over 2000. I don't know. Well, what's really cool here, so when you take that number, that number's a huge number in itself, right? When you go to Amazon, so check out what Amazon does. Amazon actually, so there's a couple of different ways that you can do the container deal coming from China to the U.S. You can turn around and actually buy the container. Or if you don't buy the container, the way that it works is that you have basically 48 to 72 hours to unload the containers and then they pick it back up, okay? Amazon, let's just say, years ago, they actually make their own containers. They make their own containers. Now that saves, what happens there is that it saves you, like if you're buying brand new containers in China, they normally run about six grand. And they're worth a lot more than six grand, but that's what they cost in China. And I'm talking about brand new. That hasn't been used once. So what people like to do is that some people, you've seen this at Walmart, if the big containers that are laying outside, in Amazon's case, they really got it down pat because they own the containers. And so that saves an additional amount of money because of the fact of when you bring these in, you have to unload them ASAP, you gotta get rid of the goods and the whole ball of wax. What my point is is that the inflation deal has come down so dramatically and so fast. And now, if we start looking at this oil contract, okay, the bottom line is that that is gonna start hitting numbers in about another month. And they're big numbers because if we go look at oil, just look at this for a second, I mean, this is quite a hit. And what is happening is that a lot of this has to do with China because they're not busy. They're not busy at all. If we take a look at this oil contract, what you're gonna see is that we just went, well, what is that number there? Yeah, we just went from 97 in September. The end of September, we're at 97. You're at 75. That is a big number, folks. And it looks to me like we went on to 72. And then if we, well, we'll see whether we break the 72. And that's with the Middle East being in an uproar. The Saudis continuing to basically squeeze as much price as they can get out of the oil market. But you can see that there's not enough buyers. There's still more supply than there are buyers. So what does that do with inflation? That brings it down also. My point in all of this is that you're gonna see those rates keep going, getting lower and we could get higher price. And then the aspect of higher price, lower rates equals what? Equals lower dollar. Dow, Dow industries down 74, Nasdaq's off 10, S&Ps are flat. Stay right there, folks. Come right back. 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. 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&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.com slash Biotech today. 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This program is brought to you by VistaGold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. We're gonna do the same exercise with a 30-year bond. A couple of the tigers want to take a look at this 30-year bond. So, first let's get the 30-year up, US. Okay. So, same setup, man. Gotta like it. I see the 30-year, this is actually moving faster than the 10-year. Look at this. Let's see some. So, they're gonna need more volume, but you can see it's moving faster. Okay, so the 30-year, same deal, broke its down trend with conviction and same deal as July 18th, okay. Now, okay, so we're at 115. But yeah, let's do this. Okay, so 30-year. And right now, the 30-year is yielding 4.6, okay. 30-year bond, no, yeah, bond yield. Okay, so now let's look at this just the opposite way. Five, 30. Cool, okay, this is it. Okay, so we're at 4.6. If we do the same deal as the 18th, July 18th. No, July 18th is July 14th. That's gonna get you, we're at 4.6, approximately 4.08. That's how this thing's shaking out. These rates are coming down, man. Let's test the bottom line. And the thing that is, you can see this, this is a break with conviction. So this is actually saying 3.8. And it won't take, you know, something that you wanna keep in mind, folks, okay, is that just as in the equity market, you know, when you normally go up in the equity market and currency market, whatever market you're going up on, okay, you go chop, chop, chop, you're going up very slow. When these things turn and go south, they go like, you know, it's an escalator up, it's an elevator down. You can expect the exact same thing inside the rate structure. Yeah, so I'm not quite sure what just hit the marketplace, but the S&P's just went from minus two to plus six. They just want a higher price, man. You know, that's the bottom line. And if you went to Tim Wood's workshop last night, great workshop, you know, it was awesome workshop. What he had brought up on my program yesterday also was the fact that if the S&P is, and this is 100%, it was up seven days in a row, five days later, you're still at higher price. This looks to me that this just doesn't wanna stop right now, they're gonna run these babies because of the fact that they're, you know, and he brought up the retail, I forgot what it calls, institution, not the retail. The retail investors, that went into a bearish deal again. And I can understand why, okay? Because this was so fast, okay? That I can understand people say, oh, we need a pullback, we need a pullback. I've seen plenty of times, folks, okay? That when you actually come off a low, and we come off this low with some big volume, if it doesn't stop, you're gonna get like a rally like Beyond Belief, you know? And it will stop at some point, but it will stop when they get everyone long, you know? And it looks to me like this is what we're facing right now. You know, so if I take a look at, I'm just curious, what the juice was put into this and see if we have some volume, yeah, look at it, we have volume in the move too. If you take a look at this, you're gonna see that the high for the day in the S&Ps is 4407, we're 4402. And, you know, let me see, we're six minutes into the 10 minute bar and you can see the expansion of volume. And it's much bigger, okay? So at the highest today, at the highest today we did only 15,000 contracts. Well, we just did 34,000 contracts in six minutes. Six, seven minutes. So they're gonna try to blow this thing away, even as we come into their clothes right now. When do you get, actually, because this is an ABC app, yeah, hold one second, hold it, let me do it this way. This is crazy. So that's 4708. Oh, is it 4708? I wish I could see. 4708, what's happening folks, the screen's just a little too far away from me and since I only got one eye now, it's a whole different ball game. 4708, one second. And 40, that can't be it. No, oh yeah, 44, I see what's going on. Okay, I was gonna say, man, that's crazy. 4398, I got it, sorry, 4398. Okay, so that's a 13.8 to B. And then we take the, that means 4400, 4403. Oh, that's just saying it's gonna go to the highs. This is an ABC up to the highs. That's how this is set up right now. That's how this is shaking out. They get here, A to B, you just take out your B with volume. Let's just say it's gonna go press the highs. And if that's what we do, we go over to the spy for a second and take a look at the spy. The spy's gonna need more volume here, man. There's no doubt about that. You can see, you're in the higher range now, though. It popped in the higher range. What we do have is Thursday and Friday, you can get some real juice going here, man. And stat-wise, we know that if we use the stat from the seven days up, five days later, you're higher. So that's Tuesday, Wednesday, Thursday, Friday. That'd be next Tuesday. And then on top of that, if you take the aspect of November as one of the strongest trading months of the year, you take that into consideration. It's like, what that's telling me, I'm gonna go right back to the dollar because, see, this dollar looks like to me, it's gonna fall apart. Not fall apart, but the bottom line is that it wants lower price. When you have two days in a row that you can't hold that price, right now we're only up six ticks in the dollar. And remember, I brought up that number. It's 104, 105, 559 when we started it. Well, guess what? You're underneath it now, and now it's 548. So what's happening? And this is, you know, it's so wild, man. That, like, how does this actually work? I mean, I've been doing this like 35, 40 years now. And it's like, okay, how does the market know? Well, these are the buyers and sellers. That you broke the consolidation, you broke it with conviction, it's trying to get into it again, it can't get into it, because the sellers are still there. So, all this is doing is setting up the next leg down inside of the dollar, and the next leg down inside of the dollar is gonna get the market more breathing room. Stay right there, folks, come right back down. Dow industry is right now down 30, and S6 are bait. S&Ps up five and a half will come right back. 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. 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Go to tfnn.com, then hit Watch Tiger TV. That's tfnn.com, then hit Watch Tiger TV. Welcome back, folks. We saw WeWork, basically go BK, and Adam Newman, that was the dude who started it. So check it out, man, he's still a billionaire, though. Listen to these numbers, folks. This is pretty amazing. When this was shaken out in 2019, listen, I don't know why they had to pay him off, but they did. So listen to these numbers, man. This is, like, sick. So in the filings that they just put right now, they had that he got 185 million as a non-compete agreement. He got 106 million as a settlement. He received 578 million for shares. And then on top of that, listen to this one, man, he took a loan out, it must be from SoftBank, right, of 432 million secured by WeWork shares, okay? So right there, there's $1.4 billion. Not bad, huh? For a day for a stock that, you know, went south. Pretty amazing, actually. And what is going to happen there is that New York and San Francisco are going to get hit pretty hard. And so what is the collateral behind them, you know? This was as big, so check this out. So collateralized commercial loans, right, that SoftBank and, well, WeWork wanted to, all these large office buildings, they leased them, and then the office building went out and got money on the leases, right? Well, it's 1% of the whole market. And this, you know, commercial mortgage-backed security market is huge. It's 1% with the bulk of 20 of that percent is in New York and San Francisco. So there's going to be a lot of space in New York and San Francisco that is going to be marked a market, which is, you know, the commercial market is just pretty intense. Rough meaning.