 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Looking good Billy Ray feeling good Lewis if you haven't seen the movie Trading Places folks go check it out That's how we'll start off our man Larry's program Larry out today on Friday a well-deserved day off I'm filling in for him this hour. I feel fortunate to be in the chair We'll do our best and we got a market that's moving today, man We got the S&Ps talk about moving down 25 points trading at 41 47 right now you hit a low about 41 40 We'll be taking some look at Fibonacci numbers from our man Larry Pezzavento learned so much from Larry over the years in his use of Fibonacci's fib retracement to settle to look at some fib numbers Just anecdotally though that 41 40 mark folks It's an area on the charts and it's consistently been one alright And this is just going back to where we were Friday into Sunday. We got the jobs number last Friday, right? We jumped to 41 40 you give it up. Where do we get back to at the end of the day Monday about 41 40 chopped around to that Area on Tuesday. That's where you finish the day. Okay, you came into the 830 numbers on Wednesday CPI at 41 40 and what we just do Well yesterday that was the first acceleration and that's just where we bounce Just put it on your chart man because 41 40 nice round number as our man Basil Chapman would say Yeah, and I just it's one of those numbers that stuck out to me recently not anything to do with Fibonacci in particular But interesting nonetheless, that's where we jump to and you know numbers getting a little dicey right now in terms of boys Quite a sell-off right somebody called it an Eiffel Tower in the Nasdaq earlier Let's just take a look at it because yeah, it wasn't Eiffel Tower man. There's your Eiffel Tower, right now I zoom in on it. We've chopped around a bit Okay, but all things considered where we are Not that much of a give back in terms of what are we at? Basically where we were at about 10 o'clock in the morning yesterday Basically where we were at about 1 p.m. Eastern time on Wednesday and ironically pretty much where we were on Monday afternoon in the Nasdaq 100 back to the S&P's right now. Okay Monday, where were we? End of the day on Monday 41 40. Where were we 41 40 so things look dire But we got huge volatility in both directions folks. I've been talking about in my newsletter Just patience Sometimes you have it sometimes you're not easier said than done. Okay, it's not what you can make It's what you can lose and patience because there's gonna be a lot of opportunities in this market Okay, the volatility is not going away tomorrow. Not even close We're dealing with inflation on a core basis that's at 5.6 percent I almost feel the need to remind myself and you all out there, okay that Core inflation on CPI was sitting at 5.6 percent. It actually went up. That's core Headline different story, but headline has been helped dramatically by the crude prices, right? Okay, well, that's going away folks. All right, again, these are opinions. Okay, they can be wrong But my opinion is that we've probably seen a low in crude for some time $64.36. I know a recession can be looming I know deflation could happen out there. Okay, but what happens in deflation? Well, sometimes commodities go up folks in that in the same way We'll get into that a little bit later in the program as well But the reason why you're seeing the headline numbers is because of this chart right here And let's back it up even a little bit further when you talk about inflation numbers to get the full spike of the war that began between Russia and Ukraine in March of last year you spike to 130 you get a nice double top It's been lower lows and lower highs for the better part of 10 straight months We finally get a spike and keep in mind. We get that spike triggered by OPEC plus So you get you know, they've tipped their hand a bit. Okay, are they comfortable with prices at 65 to 70 dollars? No, they're not comfortable prices there. Who's the biggest player in that? whole sector OPEC plus period end of sentence. So pressure to the upside for prices So remember man, we got cornflation at 5.6 percent. Okay, and now what do we have? We got the banks facing a little bit of a Tightening credit issue to put it lightly. Okay, great discussions in the den earlier today talking about the banks We'll get into those earnings in a moment. There's so much going on in this market recently folks that I find myself saying You know two hours. Yeah, I can do two hours We got a lot to talk about man because there's so much in this market right now Whether it's our markets whether it's across the globe the point. I'm trying to convey. Okay is Be patient. Okay, these moves are not going away They're gonna be here for some time. They're gonna occur in both directions It's not gonna be a one-way trip one way or the other because we have two dueling factors going on here What we have which is interesting to think about when you think about it, right? Let me just think for one second here Is that you have in one essence? The inflation Volatility is it is it going away is it going away to pace fast enough for the Fed that Contributes to the interest rate volatility that we're still kind of dealing with although that's waning a bit. Okay Bad news is good news. Good news is bad news not exactly the scenario anymore Because we're transitioning and the coolest part about that transition Is it's gonna be a long transition? Because we still have cornflation rising at 5.6 percent. Okay, so It's not like we're gonna be out of the woodworks because the moment that we tame inflation what comes next. We're already there practically earnings Recession pullback We've talked about the money supply on my program this week, right M2 money supply. I'll pull it up here You know what? Let's pull it up right now. Why not? There's your M2 money supply folks. Okay? Money supply to the upside during the pandemic Generational inflation that I have not seen in my lifetime money supply to the downside sucked out of the market at a volus Velocity that we have not seen since like the 80s not like the 80s since the 80s. I'll take out those fillers from my words So that is going to be a factor That's if it matters will help squash inflation Okay, but it's also going to squash the economy and so you're gonna have both these factors coming at you man Which is why you have just mammoth moves on both sides of the market, you know, depending on your strategy depending on your stops It's Larry's hour. It's not what you make. It's what you can lose. Okay. I Imagine depending on your strategies folks that you could trade this market in both directions Depending on your strategies and be a big-time winner. So don't chase some of the moves man today Yeah, of course, you're gonna wish to chase it all as we trade down 50 points in the S&P and a heartbeat We're now 10 points off of the lows Excuse me, but you know, wait for your price points Keep your stops in place because there's gonna be dramatic moves in both directions We're kind of on the other side of a lot of the financial data Economic data macro data now we come into company by company earnings. Okay, but next Fed meeting Is coming up folks May 2nd and 3rd That's three weeks from that's two weeks from this coming Wednesday is the easier way to put it two weeks from this coming Wednesday, we get a Fed meeting and we get Almost all the big earnings before then I think Apple the biggest of them all is is May 4th We'll pull that up later. So we don't quite get them, but you're gonna get a lot of them But we don't get any more macro data and we get a Fed decision But we got earnings coming at you folks. Stay tuned. We'll talk about some of those bank earnings when we come back We'll take a look filling in for our man Larry Pezzavento this hour, and please folks give us a call I'd love to hear what you're talking about what you're trading any questions macro micro specific to equities 877-927-6648 give me a call. We'll be right back folks 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 keg stats tiger 4x report Teddy keg stat breaks down the 4x markets every Monday using his 30 plus years of experience as a trading veteran of futures 4x stocks and options Teddy releases his weekly tiger 4x report every Monday morning with coverage of all the major currency pairs Including the dollar index the euro dollar pound dollar dollar Swiss dollar yen as well as many more And he also has weekly coverage of the crude oil market and the 30-year t-bonds as they both influence 4x markets tremendously When you sign up for the tiger 4x report you also gain instant access to Teddy 60 minute webinar archive He just hosted 4x strategies and fundamentals What is behind the tiger 4x report for all the details and to start your 30-day tiger 4x report subscription today? Visit the front page of TFNN comm TFNN educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing it number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn And he shares his vast amount of trading knowledge every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon Sign up for Steve's market newsletter Mastering probability and you'll receive access to seven of Steve's educational webinars absolutely free At TFNN all our newsletters come with a 30-day money-back guarantee So you have absolutely nothing to worry about Visit TFNN comm and try mastering probability 30 days risk-free today TFNN educating investors 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 Tom's daily market newsletter Market Insights is published every morning when the markets open To give you the competitive informational edge you need to succeed These newsletters are packed full of Tom's advanced technical analysis And are geared to deliver comprehensive strategies for a successful portfolio Get Tom O'Brien's newsletter Market Insights today And try all of our products and newsletters 30 days risk-free With our money-back guarantee at TFNN.com TFNN Educating Investors Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Welcome back folks we get the S&Ps down 20 points right now NASDAQ 100 off 102 we get the Dow off 191 And let's jump into some of those banks with their numbers A little bit of a bounce It's interesting I had this up early on my program You can see it came in when I was doing the show Let's just zoom in on today's action Started the program off at 9 o'clock We're chopping around at about 4165 Boom right out of the gate you accelerate above that area Had the high up here from where we were yesterday And what I was talking about was maybe 4208 Didn't quite get there right what do we need 18 extra points that would have been the 1-1.618 expansion Talking some fibs for our man Larry Pezzavento Just coming off a short-term move from the CPI drop on Wednesday The acceleration back to that same high on Thursday And what was interesting about that 4208 folks Alright so I'm talking about patience You know you miss out today Well it was you'd rather be Excuse me missing out occasionally folks Than being stuck in the losing trade where the market's moving against you Like it was yesterday okay I'm using options to trade this sometimes You can get wiped out if you keep that trade sometimes But you also have defined risk At a time when the spy man I mean look at the moves we got going on Just from where we were on Wednesday You get the spy trading from about 412 Down to 407 Up to 415 and down to 410 Mammoth moves on both sides of it So try and keep your risk defined If you're using options that's one way If you're using equities Make sure you put your stop in place man Because this market might go faster and further Than you can expect on both sides Did you see the S&Ps going to 415 When we were at 408 yesterday morning When we were just cascading to lower prices Following a CPI on Wednesday No probably not Did you see us at 410 by the middle of the day When this morning looked like the market could do no wrong No so never think you're smarter than the market folks And I love the saying It's Larry's hour It's not what you can make it It's what you can lose And you gotta keep yourself in the game That's the other side of it okay You trade too large You put too much exposure out there You take too big of a loss What happens You have to scale it back Maybe you take a break or two So keep those positions affordable Keep them to where you can manage the risk That way you can come back Trade the next day and be in the game Try and think about that And it's not always easy man Because you know you're always thinking The next moves right around the corner And you could be right and you can But make sure you keep those things in check To say the least Okay talking about a couple articles Let's see what I got pulled up here For the hour That's one we'll talk about But before we wanted to talk about that one I guess we could talk about it This was just some of the retail sales I talked about this a bit on my program So retail sales down in March A big chunk of that having to do with gas and cars Okay Gas stations down 5.5% Department stores down 2.5% electronics Down 2.1% You can see the list I have up here Building materials down 2.1% Clothing down 1.7% Cars and parts 1.6% To the downside furniture down 1.2% Groceries stay the same And then on the positive side Restaurants and bars sporting and hobby Health and personal care all barely In the positive And then online with quite a rise Of 1.9% So just getting into some of the numbers You'll see that retail sales were down 1% In March But you get into the numbers man And energy is such a big factor here It's going to be very interesting to see Where we go forward with energy Alright I talked about this one in my program this morning But if you didn't hear it man It is worth talking about And baseball I'm going to get to your question in a moment Man it's a great question Talking about the GLD versus the XLE folks We'll get to that in a moment But take a look at this Okay not many would realize I didn't realize it I look at the market every day all day Did you realize that the tech stocks Had put almost 90% Of the S&P gains I mean just as a quick Informal poll For people out there in the den Did you realize that These tech stocks the 7 of them Had added almost 90% Of the S&P We all knew they were large right But I didn't realize 7 stocks Were pushing 9 out of every 10 Points the S&P has gained This year The numbers don't lie as they say Apple the biggest contributor Because market cap wise The biggest contributor bottom line And it's all the usual suspects you could guess Okay it's the big 10 Fag stocks out there But what we're talking about is Apple, Alphabet, Meta, NVIDIA, Amazon, Microsoft and Tesla 90% 88 to be exact Okay and when is this dated A couple days ago probably April 10th so sometimes this week Yeah I mean even all of us in here I mean we live and breathe the market And we had no idea that it was that substantial Okay now you didn't run the numbers Whatever it is Surprising that it's 90% But these companies alone have added $2.1 trillion of market cap Apple alone $549 Billion Dollars in market cap The whole S&P $2.4 trillion So these companies alone add The other 493 companies in the S&P $300 billion Think about that These 7 companies $2.1 trillion The other 493 $300 billion added That's it For reference folks Okay now Apple has added $549 billion in market cap I always say it It's remarkable Apple has about $16 billion shares outstanding With a B $16 billion From yesterday Let's just call it 160 Okay you almost reached 66 yesterday You reached it this morning Apple traded up $6 From yesterday's low To today's high That's almost $100 billion In market cap added In 24 hours I just told you that for the entire year The other 493 S&P stocks Have added $300 billion Apple just added $100 billion In 24 hours They dwarf anything else going on It is not a broad rally Okay now it's not a broad decline I guess either because they're in the positive But keep your eye on these equities Man because if they Start to roll over the strength Is not in the other equities folks The strength is all here Now I'm not saying Apple and Microsoft And Tesla and Nvidia are all going to tank But you have to be aware of The influence they're having Because I think even being in the market It's tough to keep up I'm just zooming in here In terms of the moves And boy we are in an upper boundary line That's all I'll say about Apple I mean you can almost add a channel line here Right You add a channel line You bump it up to the top And if Apple's got woes we all got woes man Okay Apple needs to trade down What 10, 20 bucks 20 bucks Apple trades down and they wipe out Every single gain, every other company In the S&P 500 has had And that only takes us back to where it was a month ago Just staggering numbers man So that's Apple we're looking at Microsoft another big one of course Look at these 618s I always talk about 618s everywhere In this market man Where did Microsoft pull back to A 618 and the entire move higher But getting into a little bit of a shorter term Time frame We'll go back just the last year We're going to take that off for some clarity And yeah they come into the year at about 230 we're pushing 285 We're right back to where we were in August Man from Microsoft, NVIDIA You talk about a run From 140 to 280 Take a look at some of these other equities folks And baseball we'll get to your question We come back GLD versus the XLE We'll take a look at both of them when we get back If you want to take advantage of this sector Now is the time to subscribe to my gold report The gold report is a comprehensive look At the metal sector as well as the markets that move gold Which is the currency and bond markets New subscribers get a 30 day money back guarantee So you have nothing to lose Every Monday morning I publish the gold report With coverage of gold, silver, bonds The XAU, HUI, GDX As well as more than 30 different mining equities To see for yourself The types of profitable trades that are recommended Within the gold report, sign up now By visiting TFNN.com Don't miss out on the next great gold trade Sign up today Everything in the universe Is governed by the Fibonacci sequence This mathematical principle is responsible for everything From the most aesthetically pleasing artwork To patterns in the stock market To stay on top of stock patterns You can take advantage of, sign up for The Fibonacci 24-7 newsletter At TFNN.com When you subscribe You'll get a weekly report from veteran day trader Larry Pesavento On stocks you need to pay attention to And you can trust Larry's analysis After all, he's got 45 years experience As a day trader Larry will also provide daily charts, videos And data on the key markets that he's tracking Expect notifications from Larry On market movement you need to act on At any time First time subscribers also get a 30 day Money back guarantee If you're not satisfied, let us know The full refund within 30 days of signing up Subscribe to the Fibonacci 24-7 newsletter today TFNN.com Educating investors Sharpening your skills as an investor Is like getting better at playing a musical instrument You have to practice sure But you also need excellent instruction From experts At TFNN you'll get advice and guidance From the authority and technical market analysis And it's not just dry, tedious text either TFNN airs live financial content streamed live On TFNN.com And TFNN's YouTube channel With Tiger TV Live every market day from 8.30 a.m. To 4 p.m. Eastern For free Each host is an experienced trader And gives their take on the market while taking calls And questions live from around the world From the moment the market opens Until the closing bell sounds Tiger TV has 8 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 I'm talking about 29 points right now Pushing back to that 41-40 area We spiked to just above 41-50 And boom, we're going to challenge that low That we just made as I came on the air at 1 p.m. Eastern time Yeah, jumping on So great question in the YouTube Tiger's Den Talking about Soul the last of the GDX And went into the XLE thoughts Well, I've been talking about energy prices Potentially being a pressure to the upside So I do like that You get a gold pullback of 50 bucks today We're seeing some dollar strength But the bottom line really is I like them both, man I really do Looking at the position that we're in right now No reason why you couldn't probably be in a little bit of energy And gold Depending on what the economy faces here I mean, look at the run that we've had in the GLD Right, you're running from an area of 150 Up to 190 yesterday You give back some of it Let's put this back even on a five-year weekly You see we're pushing the upper boundaries As gold is pushing the highs, of course 186 is where we're at right there And interesting, right? I talked about it as well The 618, COVID lows to the highs Even gold pulls right back to the 618 And that's held pretty well You dip below that area, made it almost to the 786 But you're talking about three years Where gold's only been trading below there for a month or two At one point The XLE as the market trades low of 4139 A little bit of a different story On the XLE in terms of the upside Trajection from $22 For the COVID lows And boy, last couple years Just a straight shot, and this year we're sitting at 86, 82 But yeah I don't think you could go wrong Protecting yourself with either of those And maybe you dabble in a little bit of both of them To protect yourself, baseball Because That could be the case Now I've been talking about money supply We pulled up the chart earlier And what really got us going Is this article from Bloomberg Talking about Monitorists And this was out Monday, I believe April 11th, is that Monday? I think it is Time goes so quick, that's Tuesday Yeah, but that's Monday night, Tuesday evening It's when it's out And it's talking about these same Interest that predicted the sky-high inflation Are now looking for the potential For to be a stark change In terms of money supply getting Rapidly ripped out of the economy And talking about that Central Bank's vast quantitative easing Program, some sharp rate cuts in the pandemic Led to double-digit money supply growth A year later, inflation was above their target And well on pace for 10% But the reverse is taking place And if they don't change course We could be dealing with some stark Realities, one of those is Potentially recession Or deflation Okay, if the central bankers Lose this one, all right And what they're talking about here is They want officials to stop shrinking Their balance sheets through so-called Quantitative tightening Cutting rates should even be considered Probably by a lot, is the quote As one of these economists out there They need to restore positive money growth The monitorists won the inflation Contest, but the central bankers claim That was a fluke Now, for the rematch If the central bankers lose this one As in if they're right again, man And if this money supply matters It's really hard to think why money supply Does not matter And we move in, so if The central bank loses this one As in if it does matter And the central bank says it doesn't I don't know how you're a central banker And the whole thing they're influencing Is the supply of money circulating around The economy Will there finally be a reckoning In a clear out recession or Deflation, okay Now, we see where we go from there What's so interesting, folks Some of the things that can perform Best during Deflation, okay You're going to see the prices of goods And services potentially decrease What have we been talking about? Goods and services Right? What if they really squash it And what if the lag there really Squashes it dramatically Declining deflation In those areas, okay What you look for In a period of deflation Is the investments that can Maintain or increase their value During that period Some of those, okay Is Whether you talk about cash and cash equivalents In short terms, okay The purchasing power of cash Actually increases When you have the prices going down Right? It's interesting how this is going to shift, man, okay Government bonds in particular You know what else? Gold And precious metals, real estate Okay The value of real estate Tends to be less volatile than other classes Goods and services are where the prices Would see a decline In recession or deflation And of course defensive stocks during that time You see gold and silver Listed there when people talk about that These are general areas, folks And we have a lot going on in this economy So it doesn't mean that those are going to be winners Even if that's what we face But you got to pay attention to it, man And the money supply deal is real Okay, that's my opinion But it has to be a factor of some degree Whether it's the only factor Yeah, probably not the case And usually is correct Yeah, and we go from there, right? Pretty interesting, though And we get to find out, man And that's why this volatility is going to continue, folks It seems like every economic data point we get There's something for both parties in there In terms of you bearish, you bullish Which one are you going? Is good news bad news Or is it good news? And even if it is good news, is it really good news? Because you got to read into the numbers, right? As in we get CPI prints Headline number It's really good news On Wednesday I didn't catch it, but I'm guessing they came out with something Like inflation's down, 5% No, you got to get into the core You got to get into the super core Whatever they're talking about now You dig into those numbers, man And we got a long way to go, all right? Yeah, so we'll see where we go To say the least All right, what else have we got pulled up in here? Let's see, that was retail sales We jump around to other articles we're talking about The seven tech stocks driving everything Let's talk a little bit of Tesla Yeah, why not? So this story out this morning I'm Bloomberg and I would agree Tesla goes after America's top selling SUVs The price war means the Model Y Can now be purchased for less than the Average new vehicle in the US Now what's so interesting about Tesla Is that they get all the Headlines in the flak When they decrease their prices Okay Now that's a longer term chart Let's just take a look at the past year or so All right, I'm going to take the Fibonacci off here For some clarity And so they've taken some flak recently When they've brought down the prices of a Tesla And boy, if you bought a Tesla At the end of last year, you got hosed, man Your resale value is just wiped out To the tune of $10,000, $20,000, $30,000 sometimes Okay So it's tough when you kind of screwing over your customers The most recent ones saying, boy Thank God we got that last customer In there to buy at the last price We really appreciate that they bought that car For $10,000, $20,000, $30,000 Over what the next person was going to pay only a week later Okay, there's that angle to the story And I'm sure they've got a lot of angry customers Justifiably so, all right But what is intriguing is Is that they catch all the flak Because they publish those prices Right there on their website Okay But this is going on at other car dealerships All over the country, folks They just don't have to publish their prices And you're going to see it reflected in the numbers And It is leading people to say You know what, man, car prices are sinking Finding a new car, maybe I'm going to wait a year If we got a recession coming, maybe I'm going to wait a year And that's going to weigh on things I can tell you myself, folks I have a coupe, I have a BMW coupe right now I think it's the 2019-2018 Great car, I love it Probably need a little bit more space in my vehicle Eventually Tommy is now two years and two months old Crazy how time flies Right, over two years ago he was born So we're just getting into where We're doing more activities We need a little bit more room But I'm not in a rush right now And I'm probably not the only one, man Because there is not a need to get out there And compete to buy a car When it seems like The next three, six, nine, twelve months Might be a little bit more attractive to buyers Stay tuned, folks, we'll take a look at Tesla We'll take a look at some of the other equities You might think that if you want to be Successful at trading in the stock market You're going to need a crystal ball After all, it's impossible to predict the future, right? Like any endeavor in life Before you decide it's impossible Get some advice from the experts You might find that it's not so Impossible after all For daily market overviews that give you Direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter At TFNN.com The opening call newsletter is Written by Basil Chapman Creator of the trading methodology Known as the Chapman Wave The Chapman Wave up-down sequence Gives you an edge in identifying price turns Finding the peaks and valleys in stock prices Get the opening call newsletter By Basil Chapman and your inbox every day First-time subscribers also get A 30-day money-back guarantee If you're not satisfied, let us know And you'll get a full refund Within 30 days of signing up At TFNN.com Educating investors 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 Tom's daily market newsletter Market Insights is published Every morning when the markets open To give you the competitive informational edge You need to succeed These newsletters are packed full of Tom's advanced technical analysis And are geared to deliver comprehensive strategies For a successful portfolio Get Tom O'Brien's newsletter Market Insights today And try all of our products and newsletters 30 days risk-free With our money-back guarantee At TFNN.com Educating investors Biotek is booming But for how long? Whether you think the Biotek bull has room to run Or has run its course Trade L-A-B-U or L-A-B-D Directions daily S-M-P Biotek three times Bull and bear ETFs Visit DirectionInvestments.com Slash Biotek 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 This program is brought to you by Vista Gold Traded on the NYSE American And TSX under the symbol VGZ Welcome back folks S&Ps down about 29 points right now Trading at 41-43 Just off the lows of the session I got to try to McDonald's in here Question in the den talking about McDonald's Boy this thing's been on quite a run We had McDonald's in my newsletter for some time Had a nice profitable trade in And closed it out a little bit prematurely As we basically make a new high today So no matter where you closed it out Longer term, not sure what you're doing With this longer term, you probably can't go wrong A little bit tough getting into the equity When you trade up 10% In a period of a month Shorter term And it's always tough trying to Figure out entries On a longer term basis In terms of You know timing entries On a longer term basis can be a tricky game Because sometimes you miss it Whenever you're thinking about something longer term Like let's say right now It's a perfect example You want to get into McDonald's And you say to yourself Man should I get in at 289 And I'm talking longer term I'm talking positions whether retirement To longer term position You say to yourself I want to get into McDonald's The things on a tear It's traded up 30 bucks You can't see that this thing has 30 dollar runs and it left and right You go back to where it was in October You trade from about 235 240 up to right about 270 You just made that 30 dollar run What did it do last time though You got quite a pause in there We've had a couple 30 dollar runs here and there That or thereabouts and we've had some pull backs As well So shorter term basis a little dicey But what I think about when I do that If I'm uncomfortable putting a position in The stock has run but I want to get in there Especially right now When you can go out and use that money To get 4 to 5% Risk free per year So what you can do is you can say I'm going to scale in that Let's say you got $10,000 You want to put into McDonald's You can say you know what I'm going to put 3300 bucks in right now I'm going to put 3300 bucks in in 6 months And I'm going to put 3300 bucks in In another 6 months I'm going to scale in over the next year I buy it 3 different times Maybe you do it 4 months You space it out But space it out like that See what type of timeframe you're comfortable with And figure out how much capital You want in that position And then you get the best of both worlds Because you're in the equity if it runs up You're making profits If it drops down You know you wanted that position anyway If the market really pulls back Right now And everything gets sucked down if that happens You get an opportunity to buy in at a lower price And we get some volatility Like I've been saying for the next year and a half So depending on what you're looking at That's one area you could play it in there But McDonald's is a good stock Mickey D's ain't going away Forever And real estate, what did I just talk about Mickey D's is a real estate stock Boy these real estate stocks Maybe that's the writing on the wall right there As in I talked about Deflation, areas Real estate is one nice area DR Horton Had their numbers today I believe Look at the run this thing's been on You're pushing basically all time highs Yeah 110, but you're back to where this thing was The first week of last year You're back to where it was basically in December of 2021 When the market was pushing all time highs You just traded up from where it was on 60 bucks Up to 100 Real estate might be a nice play I'm coming into some deflationary environments man Now it's so interesting Because I have these conversations with my dad as well Is that Stock prices could climb too folks Because It's going to be interesting to see What the dollar is worth and what it can buy And depending on If inflation is squashed Or if it runs The dollar is worth less So it would make sense That if you're buying an equity That equity could be worth more If you're paying dollars if the dollar is worth less Right? It's kind of how it goes with forex with currencies In the same degree Alright we're jumping around in cars I got a good car debate going on right now Not even a debate just good information We got our man baseball in the tiger stand Talking about get a Toyota 4Runner Best all around family vehicle See him all the time on the road Just throwing that out there not by opinion his But I know a lot of them like it And what do we got in the den They're talking about Ford Broncos sport In 2001 And just love it yeah those Ford Broncos Man I was in a Ford Bronco I'll tell you a quick story I was in a Ford Bronco man 1997 and I'm talking about one of those Big classic Broncos right one of my buddies In high school no it's 1998 Senior year 1998 We're riding around a beautiful Ford Bronco We had just seen a movie It's an interesting story just seeing a movie We're riding around Nadek I think good old Nadek Mass where were we I think it was Nadek Gotta pull it up somewhere in there And there you go And One of my buddies at the time to be In high school he had an awesome car man He had just a beautiful older Big classic Ford Bronco Right one of the big ones right there Good old OJ's Bronco just rolling man So we're looking for A gas station After the movie got out I think we saw a 930 movie Were seniors in high school Might have even been the summer after senior year Before college okay And we can't find a gas station that's open He's about to run out of gas right So we're going to one station we're going to the other If you know these beautiful small towns in Massachusetts Folks you know that it's not like You're off the highway and every gas station Is open 24 hours a day they close At 11 o'clock 12 o'clock I think the pump Shut down whatever it is so There's one gas station that's closed He goes I think I got like 20 miles 15, 10 miles left in my tank This is an old Bronco alright It does not have a digital display that tells you How many miles you have till empty like they do now And I say okay I think I think the one that will be open Is and I think it was NADIC I'm trying to remember is in NADIC center Okay so we go to NADIC center There's one gas station there it's closed We say oh we're in trouble man And my buddy's looking around he's driving And we're a little bit like I don't think We even have the gas to make it to the next one Now we're seniors in high school I don't think we even had Cell phones at the time right dating Myself I got my 25th year high school reunion Coming up as we go okay So nobody has phones it's like 11 o'clock at night We can't find a gas station We're about to run out of gas We're being good everyone's sober Being nice little children Going to see a movie with friends And what happens is We roll through center and my buddy's distracted And he's looking for Down the street to see if there's other gas stations And what does he do is he rolls through a red light Okay and We're in downtown NADIC And I think it's NADIC man I'm going to have to find it But imagine a downtown for one of these Beautiful Massachusetts towns You got brick little buildings everywhere And what happens is you can't see the intersection It's not open right We realize that the last second And as we come through the intersection We pass the building And you get a glimpse of the other side of the road And what's coming man A Mack truck square out Coming 90 degrees We probably had about four tenths of a second Before it hits us right For the Bronco okay So what happens and this is where Your kids folks when you're young Okay you're distracted Period the Accident rates you know First year to Up to 25 that's why it's so expensive to rent A car you can't even rent a car before you're 25 It's just life kids do stupid stuff All right my buddy made a mistake Shouldn't mean we all die right Nonetheless what happens We get T-boned by the Mack truck Pushes us off The Mack truck veers off hits A tree The Mack truck gets totaled Because the axle is broken The Ford Bronco gets totaled And spins around and everybody Gets out completely fine of the vehicle Ford Bronco right Gotta love it man very fortunate to be alive And walk out of that vehicle man Stay tuned folks one more segment For our man Larry Pezzavento We'll be right back folks If you're looking for potential trading setups In the stock market then rocket equities And options report is a newsletter you should try Tommy O'Brien delivers options And equity trades when the markets present them Using a combination of fundamentals And technicals Sign up for rocket equities and options report today With a 30 day money back guarantee So you have nothing to risk For all the details and to start your subscription today Visit the front page of TFNN.com TFNN Educating investors You might think that if you want to be successful At trading in the stock market You're going to need a crystal ball After all it's impossible to predict the future right Like any endeavor in life Before you decide it's impossible Get some advice from the experts You might find that it's not So impossible after all For daily market overviews That give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter At TFNN.com The opening call newsletter Is written by Basil Chapman Creator of the trading methodology Known as the Chapman Wave The Chapman Wave up down sequence Gives you an edge in identifying price turns Finding the peaks and valleys in stock prices Get the opening call newsletter By Basil Chapman and your inbox Every day First time subscribers also get a 30 day money back guarantee If you're not satisfied Let us know and you'll get a full refund Within 30 days of signing up TFNN.com Educating investors Everything in the universe Is governed by the Fibonacci sequence This mathematical principle Is responsible for everything Pleasing artwork to patterns in the stock market To stay on top of stock patterns You can take advantage of Sign up for the Fibonacci 24-7 Newsletter at TFNN.com When you subscribe You'll get a weekly report from veteran Day trader Larry Pezzavento On stocks you need to pay attention to And you can trust Larry's analysis After all, he's got 45 years Experience as a day trader Larry will also provide daily charts Videos and data on the Market studies tracking Expect notifications from Larry on Market movement you need to act on At any time First time subscribers also get a 30 day Money back guarantee If you're not satisfied Let us know and you'll get a full refund Within 30 days of signing up Subscribe to the Fibonacci 24-7 Newsletter today TFNN.com Educating investors TFNN has launched TFNN has been educating traders For more than 20 years with live Programming hosted by a variety Of professional traders during market hours The Tiger's Day, available to all Tigers and Tigresses for just $1 for the year. There's no catch Or added costs when you join Our community of traders. Sign up Today and become a part of this educational Community of traders, just visit The front page of TFNN.com 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 Welcome back folks We'll keep on the cars, why not And yeah, very fortunate, just finishing up That conversation in the Tiger's Den Man, as we wrap up the program Number one, you know the poor guy driving The Mack Truck, right? You got young kids For 18, run to red light He's probably looking like we're punks You know what happened man, you know And boy, he was unhappy justifiably So his truck was totaled man But when you're 17, when you're 18 Folks driving, boy, it's a scary deal When you're that young out there Just because you're not used to it And when you're that young man, you're distracted There were three, four of us in the car We weren't doing anything but driving But you can see how we needed gas You're looking around, et cetera We're also fortunate that the Mack Truck was empty At the time, much less force going in I'll tell you, one of my favorite vehicles out there Right now, boy, it's pricey Is the GMC Yukon Denali Those things are beautiful, man But they might be around a bunch About 90, 100 grand brand new Which is why they're trying to push them out But what I've also found Is the Kia Telluride Dollar for dollar, man That might be the best vehicle out there For an SUV If you're looking for a three-row SUV Where you can get some captain's seats In one row The Kia Telluride dollar for dollar Is probably the best one out there, man And there, of course, Hyundai Hyundai out there Has, what's the one that is it The GV70, I got to get their SUV But they're getting into the electric game, man Which is the perfect segment, $18 billion And one of my buddies was talking about The other day, man When you got Hyundai When they pump out an all EV SUV Huge Successful SUVs when they plow into that Which they're doing now, okay $18 billion is what they're putting in That could be a game changer And you're going to face some competition From the big dogs out there in a big way But if you haven't checked out the Telluride folks Dollar for dollar, I think it's probably the best SUV out there I really do And Hyundai's a great one on top of that as well Yeah Alright, that was a quick hour, man Stay tuned, folks I think we got our man Basil Chap Coming in live I just saw the message, you got to love it He's in next hour, folks, Basil Chapman And then we got our man Jacob Rack it up the hour Stay tuned, folks, always a treat Have a great Friday and stay tuned for our man Basil Doing double duty as well He's up for a live hour next He's off 25, thanks so much Have a good one