 The following is a presentation of TFNN. The morning market kickoff with your host, Tommy O'Brien. Good morning, everybody. I'm Tommy O'Brien, company alive from TFNN, nine a.m. Eastern time Thursday morning. We got some PPI data to get into. We also have some initial weekly jobless claims to get into right now in the markets, bouncing a bit from the overnight lows. We got the S&Ps up by 13 points, 4,072. We're climbing right to the highs we had approaching midnight Eastern time last night. When you look at where we are on a weekly basis, you come into the future Sunday evening at 4238. You trade down 210 points almost in the S&Ps. You're talking about a 5% pullback, folks, from where we were just on Sunday evening. Talk about a quick pullback, but since then we're up a solid 1%, just from where we were at about 4.30 or 5 a.m. Eastern time. NASDAQ 100, you trade from 13,800. You trade down 900 points in the NASDAQ 100, 12,914. We've bounced about 200. The Dow's positive by 22 points, 33,537. 537, these look like small bounces, but just the volatility we've seen, we just traded down 1,800 points in the Dow and since about 4 a.m., 5 a.m. this morning, we've bounced about 326 points. That's a good time to jump over the VIX. Talk about some volatility. How about hitting almost a 29 on the VIX at the lows that we were getting at about 5 a.m. this morning. We're still sitting at 25, the market pricing in some volatility in a big way, rightfully so, with seeing the types of moves. You get a 5% pullback in the S&P. You better be charging some money for volatility premium in S&P futures. Okay, what else we got going on? Commodities, we got crude pulling back 64,23. This morning, gold backing off about $4 to 18,19. No 10 bonds, a little bit of higher price lower yield, but we're still sitting basically where we were at about 9 a.m. yesterday morning. You're sitting at 130,201 in the 10 year. You're talking about a yield of about 1.69%, I believe. We'll pull that up in a moment and let's jump over to the fundamental news of the morning. So we get initial jobless claims falling by more than forecast last week. Still pretty remarkable numbers on a weekly benefit, weekly basis, excuse me. You're talking about a half million jobs. Initially, new weekly jobless claims as this economy is still struggling. I mean, we only added 266,000 jobs for the month of April, right? Well, just last week, you had almost a half million people filing an initial jobless claim. Excuse me, some tough numbers if we keep rocking around at a half million initial jobless claims at a time when we're only adding 266,000 jobs in the month of April and that's not gonna be the expectation, folks. The expectation for May, June and July jobs numbers are not gonna be 266,000. They're gonna be some big numbers while we deal with this transition to opening back up. Initial claims, regular state programs declined by 34,000 to 373,000. In the week ended May 8th, the median estimate was 490,000. The prior week's figure was revised upward to 570,000. So that was your number at 830, but a bigger number may be hitting the markets here because that was pretty close, right? It's declining, continuing decline, missed by about 30,000. Inflationary data, PPI, producer price index. The number I like to look to on this one because things, the base effect, we're all learning new terms, right? Base effect is the in vogue term, but it matters. When you're doing year-over-year statistics, they almost are irrelevant right now, folks. They don't do a good job of representing future trends. As in, yes, producer prices jumped 6.2% in April from a year ago, but April last year was in the depths of the beginning of the COVID pandemic when everything was shut down. The number that really I keep paying attention to is that they rose 6% just last month, excuse me. Now, getting into some of the numbers as well. So 6.2% year-over-year, making the largest increase since the HG started tracking the data in 2010. You get into the core number in here. Let's see, I think we're at, yeah. So month over month, they were at 0.6%. They were looking for 0.3% for the month. So a bigger number there. And year-over-year, the number was only looking for 3.8%. Analysts are just way off continuously. And I don't know how that's happening, but just everything is bigger than they think, yet the market somehow is shaking it off to some degree that it's transitory. I think people still kind of believe that this is somewhat transitory. Definitely what the Fed is probably gonna come out and say at least that they need more data than just this one to two month surge that we're seeing, especially on base effect levels or comparing it to the depths of COVID, core PPI. So that's gonna exclude volatile food, energy, and trade services rose 0.7% in April. Now, here's where they get into the numbers that just are really remarkable in terms of how certain things can skew what's going on here. You had yesterday for CPI data, you had the used car market adding almost one third of, I think it was the 4.2% number, whatever was one third of the effect of the CPI data was the rise in used car prices alone. Well, you're seeing a similar effect of a variety of things in the PPI, a sharp jump in steel mill products contributed to the leap in PPI in April. The Labor Department said prices for beef, veal, pork, residential natural gas, plastic resins and materials and dairy products also moved higher prices for steel jumped 18.4% in April from a month ago. That's not a year over year. That is from a month ago, steel up 18.4% and food up 2.1%. Food up 2.1% in a month, remarkable. So those numbers skewing things potentially that's one argument could be made but nonetheless producer prices rising. You have the PPI that's talking about prices that are being paid to producers and yet CPI for consumers, both of them showing inflationary data but the question is, is that gonna persist? Is this gonna be something that we come out of? I mean, you're seeing, like I mentioned, similar deals. We just have a few areas with escalating prices to a dramatic degree, putting some pretty remarkable headline numbers out there but we'll see if they persist. Okay, let's jump around to the market. I'm gonna start things off with the S&P. Checking out where we are in this S&P. So I'm gonna draw a quick trend line here because I had it on the chart yesterday. I'm gonna pull up the drawings, drawing tool, just a nice simple line. When you go across the top side of this, pretty simple to draw the trend line there. Higher highs, lower lows across the board just touching the most high to high to high on that. You put this thing on the lower trend line and look where we are folks, okay? It's an interesting area, right? You're talking about one and that one's a close one as well, two, three lows were matching right up to that low area as well right now. Something to keep your eye on. We break below this trend. That's a dicey area for the markets for sure. We're trading at 4,071 and you can see. I mean, maybe it's an art, not a science folks. We'll activate that drawing. Very possible if there's a little bit lower as we match up with the real low back from March 5th in the S&Ps. Let's jump around to some of the stocks with action, some of the stories out there that I'm taking a look at. We'll start things off, you know what? Let's start off with quick teas of Disney because we get Disney earnings coming up today. Talk about a pullback. Disney's up about 50 cents right now coming into the opening bell. Got a bid ask of 178.33. We're trading yesterday at the close of 177.85. The stock is just back down from 203.02. We're now below the highs that we had which had some serious support here on Disney. You're talking about a high back in December of about 183.40 with the highs. We bounced on that area a few different occasions. Coming into earnings below that number when you pull up the analyze tab, you're talking about a $7 move potentially on their earnings. See what happens. Disney earnings after the bell. We had a couple others to go over still wrapping up earnings season. Stay tuned folks. We'll be coming back. We'll be talking to Kevin Hinks from Bass Market. Don't miss their program. Every trading day at 11 o'clock. We've got a lot to talk about today. Stay tuned. Golden ratios give shape to everything in our world represented in the Fibonacci sequence. These special numbers define the patterns that make up our universe. Not even markets can escape the omnipotence of these ratios. 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Welcome back, folks. We have S&P is positive by 12 right now, NASDAQ 100 up by 99, the DAO up by 19 points. We have some PPI data this morning. Of course, we're gonna get retail sales tomorrow. We got earnings tonight. Let's jump over to our man, Kevin Hinks. Folks, every trading day, fast market on the TD Ameritrade Network, great program, talking about option season, talking about what's happening in the market. They walk you through hypothetical trades, trade management, rolling over, whatever you need to do. They break it all down. Great time to check out the program when we got a lot going on in the market and we got a VIX that's jumping around potentially around like 25 right now, 2535. Kevin Hinks, good morning. Good morning, Tommy O'Brien. I think if you sum up yesterday's trading and sum up today's trading, the 10-year yield went out closed yesterday on the high of the day and never really backed off. Bonds were under pressure all day and yields were higher all day and that didn't give stocks any oxygen to bounce. Well, today's a little different story. Yields are slightly lower here, about 1.6 eighth and stocks though are drifting back towards, no, I mean, no, stocks are strong here. I'm looking at the NASDAQ, it's up almost 7 eighths of a percent here to start the day so. Stock indices are green to start the day on I think a calm overall market. You've got crude all lower by two and three quarter percent on good news about the pipeline, servicing the East and Southeast and I think the theme at least to start the day, Tommy, is calm. Yeah, quite a little bit of a turnaround. You know, the S&Ps up by 14 points but things were getting a little dicey at about five in the morning, Kevin. That's when we had the S&Ps down to 4,029. So your solid 44 points off the lows at that point it looked like we might get even a VIX at 30. I got a 28, 93 print on the Thinkors Swim platform. Rightfully so as the slide was continuing. So a little bit of a bounce. The market seems to maybe like that PPI data even though it's showing some big numbers. Steel was up like 18 percent month over month food up about 2 percent and then tomorrow we get retail sales Kevin March, just a gangbuster number of like 9.8 percent. Probably not what we're gonna get but the market looking for a positive number. What are you looking for maybe potentially as we look for retail sales coming out tomorrow at 8.30. Yeah, the consensus for retail sales tomorrow morning and the month over month numbers about 1 percent X vehicles about 0.8. So we'll look at that. But it'll be interesting to see that that number looks the eyeball test on that looks a little low because the numbers we're getting out of some of the red book data although that's year over year data. So we'll see how this number comes in but right now we're looking for retail sales the consensus up about 1 percent X vehicles up about 0.8. So that should be another healthy number for the U.S. economy. So we'll see. You know, Tommy, PPI data that came out today. There's four looks that we get in inflation during a month. It's the wages data in non-farm payrolls. It's CPI, it's the PCE data in personal income and outweighs. And then it's a distant forth is the PPI data. So in terms, this wouldn't never be a big market moving event PPI in terms of looking at inflation but it's not insignificant. But in terms of looking at inflation I think it's the fourth most important look, Tommy. We appreciate that heads up, man. And yeah, the retail sales this is my own personal bias, but I would agree 1 percent seems like a pretty low bar with everything going on right now. I know you're going to have a recoil in March was a gang buster number. And just on the other side of that it seems like every article I read Kevin with every single and I'm exaggerating, right? But the analysts are just way off. There's a beats across the board in terms of whether it's sales, whether it's earnings whether it's inflationary data. So we get a print tomorrow for retail sales. But before we get that number, it's still earning season. We got some companies coming up today. It might be a good one. What are you guys going to be talking about on the program? The high profile earnings event of the week is Disney which comes out with earnings after the bell today. We'll do an extensive look at Disney today and what they're doing. Couple other names that we'll be looking at AirBnB besides that, but Disney will be the focus of today's show. Like Folio will do a presentation on it. We'll look at it and trade it today on Fast Market. Folks at 11 o'clock, I am going to be glued to my desk watching Fast Market with Kevin Hanks and Alex Coffey and the team at TD Ameritrade Network. Kevin, I love Disney. I trade it all the time. We have some Disney in my newsletter. I always appreciate the analysis, man. We've had quite a little pullback. The streaming wars, Disney talk about accelerating quite a dichotomy. Some of these companies, man, in terms of Disney just max pain situation in the beginning of the pandemic, no movie theaters, their parks shut down, Disneyland in California not even open until like last month, I think on the flip side of that, right? The streaming deal. I think they're pushing possibly 350 million subscribers across their lineup of streaming platforms by 2024. We look forward to the discussion, Kevin. I'm jumping over to the analyze tab before we let you go. $7.16 move right now. Not too crazy in my mind. I'll do that first impression for $178 stock with the volatility it's had and $7.16 move as we come into their earnings after the bell tonight. Well, Kevin, we appreciate the education. Of course, we look forward to the show as always. I'll be watching at 11 o'clock and I'm sure we'll all be tuning in. Thanks so much, man. Have a great day, Tommy. Thanks for having me. You too, Kevin. My pleasure, man. Take care. Folks, check it out every trading day, 11 o'clock. I'll be watching at 11. I encourage you to do the same the way they walk through hypothetical trades. You can learn so much. I've had people ask me, I want to get into options. These are very smart people. They're just not in the financial world. They see it. They say, hey, I would love to be able to know what I'm doing in the option market a little bit more. And I literally say to them, are you watching this program fast market? Have you been through the TD Ameritrade network? They have a whole lineup of courses that you can take for complete free within it. I mean, folks, you go over to the education tab and the thinkorswim platform, all right? I mean, this is what we're talking about. I didn't even plan this, but they have events, they have options. They have courses that are right there, trading options, seven-hour course, all right? Completely free. You can walk through, shows you everything about it, different types of strategies, et cetera. And then of course, check out the program, download the demo account, follow along every trade and day. Now, Disney, 178.72 will start it off. Why not? Quite a little pullback as I mentioned, kind of right under that 183.40 area. Interesting, coming into their earnings, being below this level, but they'll be out with their numbers after the bell tonight. Let's jump right on to some of the other streaming companies before we do Netflix. Talk about a little bit of a pullback on Netflix shares. Now, what makes, excuse me, Disney, especially interesting is that Netflix just disappointed in a big way. If you recall, they missed their earnings numbers in a mammoth number. I think they were supposed to get maybe 6 million plus subscribers. They ended up coming in at 3 million plus. It was a big miss. And the worry was that they had front loaded all those subscribers. There was gonna be a little bit of a slowdown period as they had front loaded and front accelerated. Maybe some of that growth. You had Netflix coming into their earnings on the high side and we've now traded all the way back to the lower end of that consolidation. And you talk about basically a hundred dollar range from about 480 up to the highs of between about 570 and 580 on Netflix shares. And let's jump around to some of the other fang stocks. Talk about some volatility. But we have a rise right now with a NASDAQ 100 up 120 points. We got four minutes to go into the opening bell. Amazon shares 3151. Quite a pullback for Amazon this week, but we're up a bit this morning. You got Microsoft shares right now. Little bit of a bid from 239 to 241. We got to check out Apple shares, Apple 124 27. And we'll talk about Tesla. We're gonna talk about Tesla, right? And we'll talk about Bitcoin when we get back as well. Folks, Tesla back above 600. They are not accepting Bitcoin anymore because Elon Musk was just informed that computers mined Bitcoin and it uses energy and he's worried about the energy consumption and the impact on the environment. I guess he didn't know that when he took $1.5 billion of the Tesla balance sheet and put it into Bitcoin. I'm exaggerating. We'll talk about when we get back. Bitcoin though on the heels of that news down $5,000 almost at 49,040. Stay tuned folks and we'll be right back at the opening bell. Hi folks, this is Tom O'Brien. The printing presses are working 24 hours a day, seven days a week. The US deficit has risen 200% in one year with no end in sight. The markets are looking for an additional stimulus bill to get us through this once in a generation pandemic. There is no free lunch folks. The more stimulus dollars put into the marketplace the less your dollars worth each and every day. This is the time to protect yourself with a portion of your portfolio in the metal market. 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That's four tenths percent in the green, but you're talking about a solid 45 points off the lows we had last night in the S&Ps. NASDAQ 100 up 125 points right now, the Dow up 32 points right now, jumping back to Bitcoin. So last night, haven't pulled it up, but I'm guessing that tweet is sent out at about six o'clock PM Eastern time as Bitcoin falls out of bed. Tesla tweets out, then Elon tweets out, I should say, I believe Tesla either way, not accepting Bitcoin anymore. Bitcoin trades from 55,000 to 46,395. We're back right at about 50,000 right now. Now you look at Doge, Doge down as well. You put this thing on a one day, yeah, down 5% maybe or at 41,56, folks, I've been saying all along, do not touch Dogecoin. Now the interesting thing here is you go back to April 16th, it's trading at 42 cents. We're trading at 41 right now. You're under where you were April 16th. That's a staggering one, you know, in terms of the rides to zero, probably on this crypto folks, regardless of what happens with Bitcoin, the remarkable thing is, you know, Tesla front loads, they buy a bunch of Bitcoin, they tell the market, Elon knows that Bitcoin's gonna go up on that news. They sell their position before they get out. He tells the market they sell. It's really close to influencing market action. You know, they're asking in the den, is that legal, right? Well, it depends what is going on behind it and the intent and it tends, of course, you know, it depends on what you can prove and very difficult when he is quote unquote just asking questions. I mean, folks, just yesterday, Elon was asking if they should accept Dogecoin, pumping that up and then today he reveals that they're not gonna be accepting Bitcoin anymore. Obviously news that's gonna shatter that industry overnight, it could recoil. I imagine Bitcoin will be around in some way, but just a lot of hogwash going on in that market. But Tesla, right now, let's see how Tesla's trading. Look at this market catching a bid. Tesla's up 2.3%. You have all the stocks trading up right now. S&P's catching a little bit of a bid. We're up 25 points in 4084. We get the NASDAQ up 163. The Dow up 113 points. Let's jump to Disney. So they're trading ahead of their earnings events tonight. 178.74, not sure what's going on here. Add some of the lows. One of the stocks I was jumping to, let me jump Salesforce. Catching a bid up about 1.6% right now. Uber shares, I've went over. It's been quite a pullback. You're up 2.6% today. Some of these stocks just trade more volatile than others, right? You had Uber down like 4.6% yesterday. You're up 2.5% today, within three minutes of the open at 45. Uber's had quite a pullback. I'm gonna back this up even further. You're sitting at a 382, basically the entire move from the COVID lows to $13 to the highs we got in Uber of February 8th. That's the week of 6405 in the span of four weeks. You traded from 60 bucks to 45 right now. You're coming right into the higher bar that we had from November 2nd, also correlating to the 382 of about 45 bucks right now for Uber shares. All right, take a look at that S&P. That's a weekly. Let's put it back on the daily and see the action that we've gotten. Talked about that trend line, quite a little bounce right from there, 4084. We're sitting at 4238 coming into the week. All right, what else we got going on? Let's jump back and take a look. Let's see, how about Domino's Pizza and Bill Ackman? Interesting. This is yesterday's action, but Domino's Pizza, 6% stake. Excuse me, DPZ, I believe is a symbol. Yes, so this thing has quite a run up folks and this is always the case, right? You know, the stake is revealed while you just traded from 319 to 426. It's a billion dollar position. I'm imagining some of it took place as this accelerated higher and you would be getting in to Domino's approximately 25% off the lows in terms of it's already risen. Now yeah, you're back to the highs we had basically from October, which is not bad. You jump over to the Analyze tab, you're talking about, you go to the Fundamentals, Domino's Pizza, right now a $16 billion company. It's what you like to see if you're an investor and Domino's is a great company, just from a consumer standpoint of it. And look at this run, this is a three-year weekly. We just climbed above the highs that we had back in October, but just as I mentioned, it's really hard to add up here. You know, yeah, Ackman's got a position, but he got a position at much better prices than 426.85 to invest a billion dollars in this equity. Doesn't mean you couldn't start with a quarter of a position or something if you were looking for it. But yeah, I would be waiting as a pullback could be right, especially when you have a market that's kind of dicey action to the negative side. Let's jump over to the VIX. As we see this market spiking higher 2439, I was thinking this morning when the VIX, I was up at 430 this morning, so I saw the lows, so boy, today's gonna be maybe another dicey day. We'll pull up the VIX on a 15-minute basis at 445 this morning, 2893. Man, we're gonna get a 30 VIX. Well, it came to mind if we remember some of those huge VIX wagers, right? Maybe they were just protection, maybe they were a hedge, had to do with the VIX being above 25. Well, we hit 29 almost this morning, just like that, we're back under, but a far cry from 1668 doesn't even seem real. We were just at a 1668 print in the VIX on Friday and we were almost hitting 30 overnight. This market's bleeding up, S&P's up about 30, the Dow up 182 now, look at that pop on the Dow. 33,693, the Russell up 27, all the markets spiking higher. Tech stock's a little bit muted. Let's jump to notes and bonds. You get the 10-year, up above four ticks, clawing back some of the action that we had yesterday to the downside. You're talking about a yield of 1.683% right now. Now over in Europe, right now you have the Dax down about 3.10%, FTSE down 1.2%, over in Asia, Nikkei down 2.4%, Shanghai down a full percent as well. Okay, let's talk semiconductors for a second. Pretty remarkable when you talk about the numbers that they're putting into chips, but guess what, we have a shortage for chips that need to be used for computing power and computing power runs the world right now, folks. Korea unveils $450 billion push for global chip making crown. You're talking about almost half a trillion dollars. This is gonna be basically over the next 10 years, Samsung and SK. Hinex, I believe it is, leading investment to rev up capacity, and South Korea unveiled that ambitious plan to build the world's biggest chip making base over the next decade, joining China and the US in a global race to dominate the key technology. So that's 510 trillion won of investment in the years up to 2030 under a national blueprint devised by the president Moon Jae-in administration at South Korea, I believe. There'll be about 153 companies fueling the decade long push, your staggering numbers. Samsung boosting it spending by 30% to 151 billion while Hinex committing 97 billion to expansion at existing facilities in addition to its $106 billion plan of four new plants, just staggering. Now that made me think of the amount of money coming in. Taiwan semiconductor just announced they're spending $100 billion, I believe it's just three years. Yes, in the next three years to meet soaring demand. So it's gonna catch up probably eventually, you're seeing the players in that industry spending the type of money that you have to, I guess, when you talk about basically not billions, it's approaching trillions of dollars because or hundreds of billions at least to catch up with the chip shortages but they're gonna be spending it. And look at this folks, S&P is 4,091 up 32 points, NASDAQ 100 up 155. Let's jump to some of the fang stocks real quick. Amazon shares 3187, Microsoft shares right now up 1.7% at 243, let's see how Apple's trading. There we go. That's the reason why you're getting some movement across the board. Apple up 2.4% for up more than $4 off the lows we had last night. Apple's got a lot of shares to add $4 per share. Stay tuned, we'll be right back after the break. Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg, Tampa and Clearwater markets? 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Their numbers, they're down 3% today. They have a first operating loss as a public company following a $2.8 billion antitrust fine. In China, they swung to a net loss in March. Quarter of 5.47 billion won, that is. The market expected a net profit of 6.95 billion won. Loss of operation, 7.66 billion won. Lots of wands in there. Nonetheless, Alibaba down about 3%. You're back down to right where we were in December in Alibaba. What else we got going on in terms of earnings that are out this morning? So we have Sonos, I believe I wanted to pull out. Yes, Sonos. They are in 12 cents a share for the latest quarter. The market was looking for a loss of 22 cents. Speakers and other audio products raised the full year guidance saying it believes it can meet demand despite global ship shortage. And we're up higher on a big way. S-O-N-O, yes, S-O-N-O is their symbol. And we're giving back some of it though. We're up 6%. You were as high as above 35 right now. You see the pullback we've had from 47.22 on this equity, but Sonos up about 6.4% today. All right, what else we got going on? Candidate Goose, they're higher. Let's see if they hold on to those highs before we talk about it. Goose is their symbol. Look at these pullbacks we're getting. What is going on there? That's gotta be frustrating. You get some decent numbers. You open and the thing falls out of bed down 6%. You had Candidate Goose surging, as they say. Unexpected quarterly profit. They are in descent to share. Market was looking for 12 cent loss. Revenue be forecast. I'm in a surge in online sales and strong demand from China. I would expect there's more to going on in that stock if you're down 6% on the open. The conference call also beginning though, maybe that's what whatever they're talking about, not good on that conference call. You always gotta wait for the conference call, folks. Falling out of bed right now down 5.7%. Bumble, how about this one? Interesting as well. So Bumble, the dating site. So they surprise analysts with the first quarter profit compared to an expectation of a loss. Also reported better than expected revenue. They issue an upbeat current quarter revenue guidance. More people returning to dating. Despite the upbeat numbers, they're lower. More going on as we talk about. Really interesting. The beats across the board, this thing just falls out of bed as well. Down 11% to 4204. I think we just went public on this, right? How far back do you have to go? Yeah, talk about a slide. Ouch, from 8480, you're at 4219. This is a four hour bar. Let's put this thing just back on a daily. There you go, 8480. We're down to 4222. Tough area. Right now, let's see what we're valued at when you talk about this equity bumble. You're talking about valuation just under $5 billion. Still quite a valuation when you talk about an online dating site. And I think they have a couple that are under this brand. It might even be Tinder as well. Let's look at it. Company operates two apps, Bumble and Bidu. Not familiar, never heard of Bidu before. Have heard of Bumble. Bumble app is built with women at the center. It serves across countries, including the US, UK, Australia, Canada, flexible subscription plans. And the most common links are 7-day, 30-day, 90-day. Interesting stuff, $5 billion company, but guess what, 10% today, they're taking off on bumble shares down. But this market, market not down. S&P's up 34 points right now. Let's put it on the 15 minute and just kind of hanging out where we were on the acceleration on the open. We spiked to a high on the open with about 4,094 sitting right at that level. You're above any area that we were at overnight in the S&Ps. And let's jump to that note and bond market. Always got to keep your eye on it. I was watching Fast Market yesterday and this note market, you trade from 130 to 18. Now, when I talked to Kevin Hanks, let's just even zoom it in further. I talked to him every day Tuesday, Wednesday, Thursday at 9.15. So our conversation takes place just prior to the opening bell. So that conversation was taken place with the tenure at about, this is the 9.15 bar. So this is where the tenure was during our conversation. So we're chatting, we opened at a price of 130,203, actually right where we're sitting at right now. But by the time they actually got on the air for their program, you're trading 131.29. You continue to slide about six ticks below where you were. The market proceeded to pull back as well. Slides across the board, but that note market just sitting right there with a yield of about 1.68% across the board. All right, what else we got going on for earnings tonight? So we talked about we get Disney after the bell tonight. You also got Airbnb. Let's jump to Airbnb. A-B-N-B is their symbol. They're trading lower on the open down 2%. We'll put this thing on a daily. They go public back in December. We're almost right back to that level. Man, some of these stocks, just remarkable. The pullback in terms of percentage wise that we've seen from some of the lofty highs that we've had Airbnb at 220. Back in February, let alone trading at a price point of 215. Back on March 16th, we're trading at 137.41. You're talking about a $12 move, essentially. Almost a 9% move on this equity coming into their earnings tonight as they come out. What else we have? We got Coinbase after the market as well. Now Coinbase, biggest exchange for crypto. $18 move priced in. Now Coinbase is down 2.2% today. Bitcoin's pulling back big time. That's gonna hurt them. Tesla not accepting Bitcoin anymore. Not what Coinbase wanted to see last night, I'm sure. They're out with their numbers for the first time as a public company. That's your daily action. We make a low of $250 on May 6th. We've bounced a bit, $277 right now. Now here's the thing. This thing has a lot of future growth price in folks when you're talking about a $55 billion company. But there's nothing hotter than the crypto segment sector. Excuse me right now. But they're out with their numbers after the bell as well. And we also get DoorDash. Dash is out with their symbols. DoorDash up 2.3% in anticipation of their numbers. There's your chart on DoorDash though, dicey action. They go public in December. DoorDash, what did I just do? DoorDash, is that what we were looking at? Is that the same? Yeah, Coinbase that we were looking at. Yeah, DoorDash down to $115 from $256 that we're talking about. Did I just have that up and think that that was Airbnb? I think I did. Is that Airbnb? No, they pulled back as well. Look at that. So Airbnb goes from $220 to $137. And DoorDash goes from $256 to $115. I mean, even if you stop and don't include that flash high, you're talking about a high of about $220 to $115. DoorDash right now you're talking about a $10.93 move. They're a $115 company. So almost a 9% move priced in as well. And you're talking about $37.6 billion company. Now DoorDash is valued at $37.6 billion. You pull up a company like Uber. Now Uber's up 2.3% today. They've really pulled back harsh. They may be impacted by DoorDash's earnings tonight. $84 billion company and when they will pull up Lyft. Lyft right now up about half a percent. Lyft $15 billion company. Interesting to see those valuations compared to each other in context. Right now S&P is trading in 4,088. Let's jump to the VIX. See how we're trading so far today. You get the VIX right now, 2436 as volatility continuing to get sucked out of this market. A little bit of fear pulled out of the market. We get a bounce for the first time. And maybe PPI debt, not as harsh as maybe they were thinking about retail sales will be coming tomorrow as well. All right folks, if you were trading at, you get the Dow. 277 points in the green, quite an acceleration. You're talking about almost 600 points folks. Look at that, the Dow just continuing. These are five minute bars. We come right out of the gate and we're trading at 33,800 folks. You're up 600 points from where we were yesterday. No, not yesterday, five in the morning on the Dow. Stay tuned to come back to finish up the show. We'll be right back folks. 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 in 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 4.00 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. 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Just $89 exclusively at tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks. We have markets melting up. S&P's right at 4100 right now at 41 points. You get the Dow up 340 points, continuing to melt up right now. I'm over in the heat map section. We're going to pull up the S&P 500. And just big-time numbers across the board. You have Microsoft. Now, you can see the impact in terms of this is the S&P 500 I have up here, right? Green basically across the board right now. The only stocks that are in the red are basically energy, with crude right now down $1.38. You have Exxon down slightly, but Apple up 1.5%. Microsoft up 1.4%. Google shares up 3.10%. 3.10%. Facebook shares up about 6.10%. Amazon shares up about 1.5%. Amazon, not really a driving story for that stock, but just interesting in terms of how they continue to grow. Amazon hiring 75,000 workers in the latest jobs spree. They just continue to hire. These stories early on, the pandemic hiring, I mean, they are just a juggernaut. 75,000 warehouse and delivery workers at its facilities in the U.S. and Canada, Amazon said today. New hires show proof of their COVID vaccine and they get an extra $100. You see in businesses incentivize some of their workers, maybe not requiring them, but that the best way to kind of try and get workers vaccinated without creating the problem of forcing things and that becoming a problem for whatever reason. But nonetheless, markets hire checking out the S&Ps were above 4100. It's been a slow melt up. We're not even low folks. I mean, we're now 70 points off the lows we had at five in the morning. We'll see if it holds though. We're only 25 minutes into the trading day. As I mentioned, we get Disney earnings after the bell. Let's see how they're trading coming into that number. Disney 17931 pretty muted right now up about 810th percent with some of the move that we had. And how about Boeing? Boeing trading hire up 3.2% today and we'll finish it up with Boeing. I believe if I can pull it up fast enough, where was my Boeing? There you go. They received FAA approval for its proposed fix to the electrical systems of some of those 737 Macs. They had issued service bulletins detailing the fix and said it should only take a day or two. That was in the press recently. Boeing up about 3.1% on that. An interesting area on Boeing. You know, you're looking to get some action on Boeing. Might be an area that you could dabble. We're at 227. You're right back below those highs we had in December. And also right back to the lofty highs we had in June. The Markable we had in Boeing up to 234 in June with everything else going on. Thanks for tuning in, folks. Thanks for starting your day with me. Stay tuned. Basil Chapman's up next. Fast Market at 11. Larry Pezzamento at noon. Steve Rhodes, Dave White, Tom O'Brien all this afternoon. Live programming, all my...