 Welcome folks, this is Tom O'Brien of TFNN. We have five days a week, we have seven hours a day, we go 24 hours a day on the internet at tfnn.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, let's make it a great night folks. Don't take anything personally, see other people as they are. When you see other people as they are, without taking it personally, you can never be hurt by what they say or do. Even if the others lie to you, it's okay. They are lying to you because they're afraid that you will discover that they are not perfect. Ah, so, you gotta think about that one, man. Mockin' eyes, let's take a look at it out here. We have the Dow Industries down 132, Nasdaq off 60, S&Ps off 19, gold contract, trading down $8.60 at 18.17 an ounce. We have Silver up 9 cents, $24.08 an ounce, lights we crewed up a Buck 96, $77.35 a barrel, notes and bonds, a 10-year note, flat 114.25, the 30-year up two ticks at 131.09 and King Dollar. King Dollar trading it down 377, turn the 77 ticks, 106, King Dollar, I'm sorry, 103.598. Euro's at 106, the yen's at 135 and the British pound is at 124 to one US dollar. iPhone number's 877-927-6648. Give us a call, folks. One note's goin' on in your world. In the world of the S&Ps, let's take a look at them. What do you have? So, we get over to the spy, we take a look at it. We'll see if this is gonna shake out. The next, you know, about 60 minutes, Powell's probably still speaking. He's got about another 15 minutes of speaking. You know, bottom line had a failure out here yesterday. Once you get a failure out here yesterday, you can't get the traction out here today. Bottom line, let's say it's goin' to the bottom of the consolidation. You know, so what the Fed did out here, folks, is this. If you, you know, so we went up 50 basis points. The Fed is saying now, and this is where you'd wanna really wrap your head around this a bit, that at the end of 2023, we're gonna be a 5.1%. Now, what they also said is that that number is a half a percent higher than it was when they basically reported this, not the last quarter, six months ago, okay? So, he's hedging himself, meaning Powell and the Fed are hedging themselves in the context that, yes, that number could change again. I think the biggest thing that he has as people, as traders, as investors, whatever, that you wanna wrap your head around is this. They're not kidding about bringing inflation back to 2%. If you heard the statement, what happened is this, folks, he was talking to the American people first, and he said specifically, before I read this statement, I'm gonna talk. And what he was saying specifically was that, yes, this is tough, inflation is outrageous, people having a hard time, and he was explaining that because he has to, he was explaining the context that if inflation keeps going, well, I'll be broke. That's the bottom line, okay? That to me, what he was saying there is telling me flat out, man, I don't know how they're gonna get to 2%. I don't even get it, okay? Because maybe we'll get to 2% if you just hold rates at five and a half, and we go up to seven and a half, and we do that for four or five years. But bottom line, right now, he's saying that that's where it's gonna be. So we'll see how it shakes out. Market-wise out here, you get a flat market. We'll see how the market itself basically gets used to higher rates. As one of our tigers was saying in the den, the next thing that we're all gonna be looking at is that, okay, we have higher rates. Well, the bottom line is that companies making money with higher rates in 2023. Because we know that what moves equities folks is earnings. That's the bottom line. Of course, there's more buyers than sellers. It's gonna go higher. More sellers than buyers, you're gonna go lower. But end of story, that's us for traders, end of story, it is making money and growth that send equities higher. Dow right now turned positive, we're up to 23, he's probably finished, up 23, the comp Nasdaq is up seven, S&Ps are up three, no big deal, I kind of all around there. Dollar though, let's go to the dollar because this correlation with the dollar in the market is pretty amazing. The dollar just gave up 200 points, 200 ticks rather. And as the dollar gave up 200 ticks, guess what? That was enough for that market to say, okay, man, I want to go higher. So what the dollar is doing out here is that you can just see what just happened. We take a look at this. The dollar just went from 104, 160 to 103, 539. And we'll see if this is gonna hold, where are we gonna go with it? Some of the higher volume equities out here today, if we take a look at the market in general, you get Tesla down, Tesla's a huge ABC down too, by the way. That's down another $2. That's trading out at 153. We have Facebook's up 250. You have plug power up a buck 24. What is this up 17? Oh, Moderna's up 17, yeah. That's gonna be, they're talking about a Moderna, Merrick, cancer vaccine combination. And this is for, let's see, what was this for? Yeah, so for skin cancer, which is huge. And in this particular case, this is, it seems big. It seems like it cut it by 44%. So you're talking a very large number out there, that's for sure. Inside the NDX100, the strength versus the weakness inside the NDX, you have Moderna up 9%. You got DocuSign up 4.7, Nettie's up 4. Take it away from it. Charter communications, man, down 15%. That's a hit. You got Match Group down 3%. Lucent's down 2.4. Let's go back to Charter for a second. Let's see what's going on here, because you get a necklace that's down 15% in one day. Look at that, man. Holy cow. Okay, so now I'll bring this on a weekly. Yeah, this just couldn't do anything. So, it's not that it has a high volume low. It must have one somewhere, right there. Yeah, I guess that's going after 302. That's pretty intense. There's no doubt about it. When you wake up in the morning, it'd be down 15%. That says quite a bit. Dow, Dow Industries right now, let's see. Inside the Dow, the strength versus the weakness inside the Dow, I suspect Microsoft's gonna be up here because Microsoft has been moving. So you got Home Depot's number one let's put 19 positive points. Microsoft 19, Visa 15, Boeing 14, taking away from it, you got Goldman minus 28, you got Amgen minus 17, American Express minus eight and a half. So, bottom line is that it looks like we'll have a flat market out here, you know? The market's trying to grab back what it lost on the initial jolt. And, hey, we'll see what goes. Dow, Dow Industries right now, 25, now it's except 10, S&P's up three and a half. Stay right there folks, come right back.