 is a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648. Internationally at 727-873-7618. Let's go to our man, Alan, homeless salsa. What's going on, brother? It's, isn't it wonderful? I went ahead and invested in your tiger dollars. And I went ahead and got the gold report for a year and also your morning, your call letter and stuff like that. And I got over a 50% return in one day, not counting everything else. But I just want to thank you. Tom's not perfect, but he tells you how to put your stops in and keeps your losses small. You can take your small losses, but then all of a sudden you'll be like Dave Root and you'll hit a home run. I mean, a big home run. You put the money in your pocket. Okay, brother. You're awesome, man. Thank you. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFMN. We have five days a week. We go seven hours a day. We go 24 hours a day in the internet at tfmn.com. Always remember, folks, whatever you think about, you bring about whatever. You focus on growth so everyone's having a great day, safe day. It's making a great night, folks. Let's take a look at one of our four agreements. Oh, look at that. I gotta pick another one. Holy cow. It just dropped. Okay, let's see what we got here. Love is kind to just. When you're in love, a smile is always on your face. You feel good about yourself and because you are happy, you're always kind. Love is also just. When you make a mistake, you only pay for it once. You only pay once for that mistake. Mug it wise. Let's take a look at it out here. We have the Dow Industries right now trading down 83. Mazek off 289, S&P's off 46. Gold contract down $5.70, traded at 18.21 an ounce. We have Silver down 7 cents, $23.13 an ounce. Light sweet crude off 81 cents, $81, 83 cents, A barrel, notes and bonds. The 10-year note, up 66, trading 128, 25. The 30-year up 19 at 156.20 and King dollar. King dollar's down 112.6, trading out at 94, 803. Euro's at 114, the end's at 114. The British pound's at 137 to one U.S. dollar. Excuse me, folks. Our phone number's 877-927-6648. Give us a call, folks. Want to know what's going on in your world and the world of the S&P's. Let's take a look at them. What do you have? Well, gonna get pretty cool here. Checking his baby out. Okay, so what do we have? Down $4.80 on the spy. We have 54 million shares traded. Now, that's really life-volume, folks, okay? We hit the lows with 119 million. We came off those on Tuesday with 74. So I suspect we're gonna do 64 into 74. The way this is set up, it looks to me like you actually can hit the 465. We'll probably do it tomorrow. We'll probably reject lower price. The cues are gonna give us more of an indication of where this market wants to go. The cues lead up, the cues lead down, and right now the cues are going right after the highs of the low. Now, I just did it, okay, as we were coming on the air. So, the cues right now are down eight bucks. You get 56 million shares traded. You're going into 91. Now, the way this works, folks, on price and volume, if you don't get the rejection of lower price out here today, which is the 380-64, bottom line, it's gonna go right for it tomorrow. That being said, if you're a bull in the marketplace, this is what you actually want. Why? Because what you'll end up getting more than likely is that the market will run out of energy. The market's going under a high energy day, meaning last Friday, a Monday rally. And I just can't see the market basically getting another 91 million shares in the cues when today it's gonna be about 65. So we'll see whether the baby's gonna shake out, but that's how that baby is set up. We go to the gold contract. We take a look at gold. Gold's rejected lower price again. At 18.11 today, you're trading 18.21. Bottom line, this wants higher price in a big way, not in a small way either. This just came down, came against the strength from Tuesday saying, okay, I want higher price. And if we go over to the good old US dollar, the US dollar says it all. Because what we had with the US dollar is this. US dollar broke the consolidation yesterday, broke it in spades. We are at 94.809 in the beginning where the dollar went top side, okay? So this is where we go. The highs of the lows where we went top side, meaning the day of strength, which was November 10th, is 94.903. Well, we just got into that by 100 ticks. If it stays in it, it's gonna go to the bottom of that, which is 91.967. If we get the same kind of movement that we got yesterday on the way down to that level, bottom line, this thing will get all the way down to 90, next one is 91.4. Now, 91.947. And that's a decent movement. You can see that the correlation is pretty clear. When you take a look at the correlation, we go over to the euro. You're gonna see the euro broke top side after consolidation. We go take a look at the British pound. British pound has been strong anyway. And the bottom line is that you had to follow through inside the British pound. You know, the low on the British pound, a bottom line, you know, you go back three weeks ago was 131, you were at 137. This pound wants to get up to the 139. And then the yen, the yen is also cooperating with us. The yen is getting stronger. But to have at the end, the yen's down 56 ticks right now. We are trading at a price point of 114. That is saying that the yen wants to run down to this level of 112.53. Let's go to Earl and Seminole. Hey, Earl, what's going on? Hey, Tommy. How you doing, man? How you doing? I'm doing great, man, yourself. Yeah, I wanna have you take a look at IEF. IEF. I think it's made a nice move today. It's at the bottom from what I see. And I like it long from here. Okay, let's take a look. So the IEF is the seven to 10 year treasury bond ETF. Okay, so, 113.30. Yeah, I mean, you can trade this. This looks to me like you can get 115.39 out of it. It's gonna try to break back inside this range. I'm sorry, what did you say, Earl? I say that's what I'm looking for. It looks like it could drive back up to that area. Where I'm going with this is the lows of the high. See that bar there on the December 3rd? That's where that baby can get to. So let's go and take a look at this 10 year. Cause I talked about this at the beginning of the program. So if we take a look at the 10 year, GC, let's get the, what you're gonna see is that the 10 year folks as well as the 30, that had broken and it's 128.22. Yeah, look at that. So the 10 year just got back inside this range. When that happens, folks, the bottom line is that is get back inside this higher range and guess what? It's saying that it wants to go to higher price. Yeah, so this is a good setup, man. The 30 year had already got back inside the higher range and I know this is bizarre because the fact that it matters, we know the Fed's gonna go up. But that Fed going up, the bond and note market are saying they're not gonna go up as fast as markets may think. So yeah, I think you get some action there, Errol. Yeah, I like it as a head, in case we have a down drop. Exactly, that's a fact, that's a fact, man. Cookin' brother. Thank you. Have a great one, man, have a safe one. Stay right there folks, we'll come right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. 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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, TFNN. Educating investors. Toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks. Dow Industries right now down 89. Nasdaq is off 303. S&P's are off 48. And let's go take a look at some of the higher volume equities out here today. You have Advanced Microdown 376, Virgin Galactic. Oh, we're gonna talk about that. Tommy's talking about that his program this morning. This Virgin Galactic deal, man. They have burnt through cash in an extraordinary way. People in losses in an extraordinary way. Well, hey, let's do it right now. So you get Virgin Galactic, right? This is a spark, folks, okay? Sparks sat trading at $10, right? The high for the last 12 months is $62.80. The low is $10. Now watch this. This is where this gets really wild. Okay, so, look to me, like, August, what? No, they come out. Oh, I know that would happen, okay. Okay, so they went public at 10 bucks. That spark's always come about public at 10 bucks. It seems like, I don't remember 17, but anyway, they say in September of 2017, they did a secondary at $19.50. That was in August of 2020. But I remember specifically, well, in fact, let's do it this way, that you had, I guess I have to do it a different way. When this thing, let me see, under management. Under management, oh, this is interesting. Under management, you don't even have, so this is interesting. Under management, you don't even have the guy who runs Virgin Air. He's not even in here. But yet, he definitely, let me do it this way though, because he was selling equity, folks, when this thing was at highs. Let me just see if I can find him for a second, okay? Either that or he sold too many stock shares. Let's see. Okay, they're making an on-story shot. The bottom line is that they're burning through cash. The amazing part is that they're, yeah, Branson, that's who I was looking for. Thank you, Jeff. The amazing thing here is this, is that it's amazing to me that they're pushing out today a half billion dollars worth of bonds, folks, okay? And it's like, okay, yeah, they got a convertible offering, so let's see what that, okay, so 425 million convertible offering, let's see. The company plans to offer convertible senior notes due in 2027, so they're five-year notes. Let's see what they have inside them. Well, it doesn't say. But the bottom line is that people have lost the fortune on this thing. That's the bottom line. I mean, take a look at this, it's just last six months. We just went from 35 to 10, and I believe that it topped right out, well, 52, topped out of 52 when they did that flight up till the right outside the atmosphere. And then it's been a one-way route all the way down 57 and now you're $10. And they are telling the market, this is what's amazing. Yeah, if there's a question, what happens if the bond, they go bankrupt, what happens to the bonds? That's why I was trying to look at the aspect of exactly what the bonds were all about. Yeah, they're losing money far into the future. I just don't have that bond offering right in front of me. But that's what you gotta find out. Would you always gotta find out folks what it's secured with? More than likely, I would say that this bond offering is probably like a subprime loan in real estate in 2007. It's probably running out maybe 10, 11% they're paying with no collateral. The thing with public companies which blow my mind is that people will be willing to basically get two to three hundred basis points, 100 basis points is 1%, okay? They will go for that for some reason and, you know, it's not a thing to go. There's no collateral, there's no nothing. I suspect that's what, well overnight there'll be something out here that we can grab as to what exactly they're paying number one and that'll give us an idea of exactly how much they need this money to go forward. So it's pretty intense. We gotta take a look at, let's go to NVIDIA, N-V-D-A. So NVIDIA, off its highs, big time, you're coming back into the swing low for Monday and thus far you have not rejected lower price. That swing low, the top of the low is 274, the low is 256. When you get this far into a bar folks, okay, the bottom line, the probability goes much higher that you're gonna go to the bottom of the bar. Right now, we're already into that bar by six points. So that's saying once you go to the bottom of the bar, that bar had 59 million, you've already done 45, that's coming into the bar with some volume. That's the real bottom line, that's how that shakes out. The QLD, a couple of taggers wanna take a look at the QLD, the QLD, I'm just, oh, QLD. QLD, that's so weird, I put QLD up. Oh, I see what I did, I didn't put QLD, I put OLD. Okay, so QLD is the, okay, so this is the exchange traded fund that seeks the daily investment of twice the daily performance of the NASDAQ 100. And so, let's see. Yeah, no, I wouldn't be going, shot this, no. Because, oh, I see what you're saying, you go shot this and then you buy it back. Yeah, I see, this gets a little confusing. Okay, I can see that, it's already into the 81.34, and if you're trying to get it back, you're gonna buy it back at 76 or something. 76.60 is the low that we got generated on Monday. And what I do expect, we're gonna see, folks, you're gonna see lighter volume out here tomorrow. So if we continue to go south tomorrow and go into those lower prices and reject lower price, bottom line, that just clips it right around again, says it wants to go at a higher price. We're gonna take a look at the silver market. Silver out here right now, the March Silver, that's down 9 cents today. Silver went top side again yesterday, had some juice behind it, not bad out here, it's staying right at the highs. You had 49,000 counter-acts, I think we did 53 yesterday, let's see, 55, and you get 49 now, that's good. That's staying at the top of the trend, top of the consolidation, you stay at the top of the consolidation, that thing can get up to 75. We get a question about why is the pound, let's see, one second, yeah, why the pound, the British pound? The British pound has been off the bottom for quite some time. If we take this, let's take a look at this British pound and put this on a weekly, I put it on a three-year weekly, and we had gone down from June of 2021 until about six weeks ago. This is saying that the pound's going back to 142. That's a decisive break of a downtrend. On top of that, this very well could be a monster ABC up that would bring it a lot higher. Stay right there, folks, show my back. You having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den Trading Room only at dfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. 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Dow's down 72, Nasdaq is off 287, S&Ps are off 45, so check this story out, folks. This is no doubt intense. Okay, let me pull up Tesla first. It's the easier way of doing it. Now, this story is not about Tesla's, there it is, software, but evidently here, let me go through it first. Teen cyber-prodigy stumbled upon a flaw letting him hijack Tesla's. So this guy here, he started programming when he was 10 years old. He's from Germany, okay? David Colombo, 19-year-old cybersecurity researcher in Germany came upon his biggest discovery of his young career by accident. He was performing as security artist for a French company when he noticed something unusual, a software program on the company's network that exposed all the data about the chief technology's office's Tesla vehicle. The data included a full history of where the car had been driven and the precise location at the moment. You know, we see a lot of companies that do that, okay? You know, so if the company cars, it looks to me like what happened here is that the company itself put another piece of software on top of this to track the cars wherever they were. So check this out, this is sick though. But that wasn't all. The, as Colombo dug deeper, he realized that he could push commands to Tesla vehicles whose owners were using the program. That capability enabled him to hijack some functions on those cars, including opening and closing the doors, turning up the music and disabling security features. He could not take over the cars, staring, breaking or other operations. The discovery which Colombo published on Twitter this week triggered, of course, a huge discussion online as the latest example of hijacking, of hacking risk associated with the so-called internet of things where seemingly every product from refrigerators to doorbells now have an internet connection. I'm not sure if I would send that tweet again. He said, who's started a program, the response is crazy. Somewhere in the comments I have pro and anti Tesla agon very heathily. I just got, it just got blown up so much. The thing that's really wild folks is that, could you imagine, you know, you're in the Tesla, someone opens these doors and you don't even know it, right? Oh man, I'm telling you. This is, we're in a whole different age. There's no doubt about that. Let's go take a look at Amazon because Amazon's been in this consolidation with the markets going south. Bottom line looks like Amazon's gonna test now. Let's take a look at this because Amazon's been in this console. I mean, look at this console. Amazon has been in the consolidation since July of 2020 folks, okay? You're coming down, this is the buy that's sticking out. The buy that's sticking out, it's not even sticking out that bad really. This, no, that's a better buy. Well, that's the first one. That's 28.70. The second buyer is 28.81. Okay, this is good. And the third buyer is 31.26, okay? So the two buyers that you're gonna keep your eye on here go like this. The week of September 25th and 2020 as well as June, I mean, March 5th of 2021. Now, I expect they're gonna get down to those levels again. Thus far we'll get down to 31.26. The last low prior to that is 28.81 and it's 28.71 prior to that. So I suspect we'll at least test the lower level. Now, if you get that test and you get a rejection of lower price, this is where you might wanna be looking on Amazon because what Amazon does have, the last two highs are pretty good meaning with price and volume also. You have volume up there, not a huge amount, but you get heavier volume than on the way down. That's the correlation is that this thing still does wanna go higher. So, and if that's what you get, what very well may be happening with Amazon is this might have set up like a 1900 A to B. And if that's the case, you're gonna go like the 4700 or something. The last high is 3700. So, if you get the break with volume, you can see, you get the first leg up, you get a huge consolidation. The consolidation is, of course, that is the B to C, which drives everyone out of their mind when you get an ABC structure on the way up or the way down. In this particular case, that was set up and we'll see where the rest of us is gonna take us. We're gonna take a look at, is it the, let's see, is it Bank of America who's kicking us off here? Banks are kicking us off. Bank of America, that's on the 19th, I don't even know what's next week. WFC Wells Fargo. Okay, so Wells Fargo's tomorrow. That's what's going on. So, we take a look at Wells Fargo. Wells Fargo's at an all-time high right now for the year, last 12 months. The low out here, this is a breakout. Let's take a look at this. Yeah, this is a monster ABC up. Look at this. Man, holy cow. 48, man, 21, 31, 41, 47, it's 86. Let me see, this looks like 86. The high, all-time high is 66. There's something to keep your eye on. I know Wells Fargo's vicious, man, but the bottom line is that that number is basically sticking out there. Let's go to the GDX and take a look at the GDX. The GDX out here, right now, the low for the year in the GDX is 28, the highest 40. Right now it was straightened 31, 33. And you're pulling back with light volume. This is building costs at a higher price. You can see yesterday, you go up at 19, you're backing down at 11. Yeah, this is a decent setup. That's saying that this is still wanting to go at a higher price. What is gonna be intriguing here is how we're gonna come into this Friday. If that's the real bottom line. And one of the taggers is talking about the Fed still have an asset side restriction on Wells Fargo. I don't think it will limit it upside. The reason being, I heard the number this morning. So the number, listen to this number, man, this isn't crazy. If the short-term rates go up 1%, which the Fed's gonna put them up 1%, which is basically four, one quarter hikes. That Bank of America, Wells Fargo, without doing anything, take in 5.1 billion just from the amount of money that they have in the bank. They're taking that in from the net interest of the amount of money that's spread that's already in the bank. So you talk about a great little deal, folks. That is monster money in two seconds that bottom line. As the short-term rates go up, that's what they'll do. Because you gotta remember something. The way banks run, they have our money number one. They don't pay any interest, okay? So the bottom line to make, gobbles the money on the interest and then you gotta x that times 10 because the bottom line, that's their leverage. So it's like, just to do the math quick, watch how this goes. You give them $1,000, they can lend out $10,000. So we give them $1,000, let's just say we can make a 1%, which the bank's not paying 1%, but let's say we make 1%. Give them $1,000, bottom line, we get 10 bucks, right? And you get the 10 bucks, okay? They lend out $10,000 and I'll just make it $10,000. Let's say they lend out $10,000 at 6%, okay? Guess what? The bottom line is that they just paid a dollar, right? Oh, they paid $10 and they just made 600. That's the banker. Well, 600 would have been 6%. 5% is still $10 to 500. What is that? That's still 490, so it's a monster number. Stay right there folks, come right back. Dow, Dow investors right now down 134, Nasdaq's down 320, S&P's around 55, come right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. 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Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the Direction Chairs carefully before investing. The Prospectus and Summary Prospectus contain this and other information about Direction Chairs. To obtain a Prospectus or Summary Prospectus, please contact Direction Chairs 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 printable. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distribute your four-side fund services, LLC. Toll-free at 1-877-927-6648. Internationally at 727-873-7618. I'm O'Brien. Welcome back, folks, to Dow. Dow Industries right now down 125. We get the Mazik off about 325. S&Ps are off 53. Let's go inside the Dow Industries and take a look at the strength versus the weakness out here. Point-wise, this is where we stand out here inside the Dow right now. You get Boeing putting 38 positive points, Caterpillar 24, Walmart 11, Honeywell 9, taking away from it. Microsoft's the big number there. Minus 79 points. Salesforce minus 58, United Health 33. And so that's some small numbers, actually. And well, this small numbers. Inside the NDX100, let's take a look at what we have here. Inside the NDX, the women's, you got Biogen up 4.5%, Pace Car is up 2.5%, Cookie Holders is up 1%. Taking away from it, Z Scala. Man, this is getting killed down 7.8%. You got Lucid off 7.8%. You got Datadog off 7%. You got Peloton off 7%. Some of these hits, man. And it's like one day, 7%. This is like intense. And Peloton, evidently, this is gonna take the next leg down. So let's take a look at this. So Peloton, you get the low out here, is 32. We hit 3207. Yeah, you're coming into these lows with volume, man. This is trouble in paradise. Let me see what this is looking like. So this is going all the way back. We're at 32, yeah, 28. Oh, what's that one there? That's 32. Oh, see what it's doing right here. This is interesting. So it's trying to hang tough folks at where it did break topside from. 32.7 cents is the number. And believe it or not, we hit 32.7 cents today. So the way this goes fundamentally is this. Well, technically, markets love to go back to breakout areas. The real question is, after we're trading at like 160, 171, then all of a sudden you go back to the original breakout area. It's like, that's what stops are all about, folks. And some of these growth companies you don't wanna get married to, what you wanna do is stay on top of it and you get a nice run like that, take your bread and then get out of town. This particular case, we're coming right back. If this can't handle the 32.7 cents, the bottom line is that's gonna go to $17. So that's, I mean, it's already been a vicious hit. The real question is, where are you gonna get the new people coming in? And if we take a look at their numbers, their numbers they're gonna be looking to do 1.2 billion in the next quarter. And as far as you can, you have to go out to the third quarter of 2023 and order for them to make money. And I suspect when you're talking about something like this, they have problems, man. They have big problems. That's the way that that baby is set up. A couple of the others, let's see, Peloton, AMCO. They're all coming back. AMC, this took a long time, but the bottom line is that these babies are coming back to earth. AMC, you know what's amazing? The CEOs and the people that are working for AMC, they must, just every single time they were selling into the marketplace, they must have just been in awe. Because AMC, right now it's down from a price point of $72, you're at $20 and it was a huge amount of folks that bought this in between like the $32 and the $39 because it had basically consolidated over such a long period of time. Breaks down, next stop is $12.37, you break that, guess what, the next stop is $3.85. And there's no reason to not think that it can't go there because the market, they're losing money, hand over fist. I mean, they're losing $5.61 per share. And they have 514 million shares outstanding. So that says quite a bit. Let's go see what else we have inside of this. You got Convales up, Microsoft's down big. Look at Microsoft, man. Microsoft's saying it all, actually. Microsoft's down 12 and a half bucks. Okay, so this tells us quite a bit about where we're going, so see what's happening with Microsoft? Whoever is unloading Microsoft folks, they are unloading it, hand over fist. Watch this, I'm gonna be able to pull this up. Won't tell me who, but you're gonna see these trades are gonna be way too large for you and me. Okay, so you got $305 stock. Look at all these sales, $26,000, $35,000. Don't use the first one, that's just the open. But $21,000, $20,000, $18,000. So you just do $18,000 times, you know, $300. These are all funds, man, and they're moving out of Microsoft. And what you're gonna see here, and I suspect, this one here is where I really, you know, as a, any fund, and most funds are definitely fundamentalists, they, once Nadella sold half of his position at the highs, you know, that says a huge amount about where Microsoft wants to go. You know, bottom line is it looks to me like you got, you're at 305.73, you're breaking down the 306, that's where we went top side. That's gonna lay out 280 for Microsoft. And we'll see where it shakes out. I mean, Microsoft really could take a hit. Microsoft came back to 242 on a heartbeat. In fact, if you go like this, if we're really gonna be in a correction, watch this. This is where this gets really dicey. The last leg up, which started in March, you know, when we had the COVID, a .382 retracement is 267. It went straight up, you know, it consolidated for a bit, then went straight up. So you're talking about a big number here, man. There's no doubt. Netflix, NFLX. Let's see what we got with Netflix out here. Netflix out here. This is breaking a B point. This is breaking up with volume, I think. Oh, I have to do another million to break it with volume, but Netflix is on its way down to about 507. You're at 519. That's back to the consolidation. So where it's at. And if you wanna see that the, you talk about inflation, folks, and you talk about the amount of money that is running around the marketplace. Let me see if I can find this here at it, right here. So in two years, Dan Ark, okay, sold his manhunt in an apartment for 190 million. That's two years after buying it at 95 million, folks, okay. The penthouse 220 Central Park South. He bought it in 2019. He had moved then from New York to Florida for tax purposes, bottom line. This is showing you the amount of money. You don't double, well, he did double. He did double his money in two years. And that's just telling me that the amount of money that is around is extraordinary. And they gotta put it somewhere. And, you know, bottom line. Many of them are basically putting it into real estate, you know, because where else, you know, a hard asset, that's the bottom line. But that is an extraordinary number. There's no doubt about that. You're talking about making 95 million. So what is that? That's almost making, it's just under making a million dollars a week for two years, right? 52, yeah. But it's probably, we probably, that's 900. There we go. It's making 900,000 a week for two years. Stay right there, folks, coming right back. They're hammering this market, man. 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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. Welcome back, folks. The markets, markets are in the red selling off here. We have the Dow right now down, let's see, where are you, Dow? Down 5% to 1%. S&Ps are down 1.2% and the NASDAQ is down 2.4%. Now check this out, if you guys, if anyone has a small business out here, this is a big heads up, man, because you're gonna be getting a lot of farms. And if you remember, okay, so this what's going on. It's harder to hide from the IRS if you're a small business, okay? So starting this month, right now, folks, this won't affect you till you do your taxes next year, but you better pay attention to this. The starting of this month uses selling goods and services through Venmo, Estee, Airbnb. They're gonna be receiving tax forms if the payments more than $600. So bottom line, and this is what the change is. The change, the threshold before this was $20,000 or 200 transactions. The bottom line, that's all changed. Unfortunately, they're gonna have to small business and it is what it is, but pay attention to it, folks. If you happen to do business through those apps, because what you are gonna end up with at the end of the year, you're gonna end up with a tax form and that tax form better match what you are saying that you're making. And there's just another indication, and this is the sickest part about it, is that the richer you are, the easier it is to basically evade paying taxes, even legally, okay? That is just another indication that the IRS, they're going after small business, man. I mean, they're in a big way. As I'd love to know, this just came across the Bloomberg. I'd love to know where this got snuck in, because this is the first time I heard about it. Not that we don't do business in those things, but I'm just saying there's plenty of people that are doing a second job and you're doing business through that. You get one of these forms from those companies, make sure you pay taxes. That's the bottom line. That's the real bottom line. So it's a heads up. Market wise out here, this is also a heads up. So let's go take a look at the spy and see what we have out here. The spy right now, that's gonna close at the lows. We're gonna go after that low tomorrow. That's what it looks like. And you know, that's actually bullish, you know? So we've done 74 million. You're coming into 115 million if we go into the NDX 100. What you have out here is that baby's done 70 million and we're going into 91. Have a great one, folks. Have a safe one. Come back and visit Tommy tomorrow morning. Real, look at him, folks. Building wealth.