 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 Okay, looking good Billy Ray feeling good Lewis feeling good, but sounding bad. I'm doing alright folks. Everything's good I just got a little bit of seven or eight frogs in my throat and that's not because I was out in the pond It's just because of the pollen that attacks me every once a while, but I feel absolutely terrific I posted the chart of the Dax I posted the chart of the footsie the footsie under great deal more pressure than the Dax Primarily because of the thing that's going on with Boris little Trump Johnson He's looks like he's on his way out for being a party animal, but that's neither here to there folks There's something very very big happening in the markets We've been talking about it for a very very long time and there is trouble in River City And it's not in the usual markets that we usually follow except it is and that is it's in the treasury notes and treasury bonds If you'll look at these charts here, I did several videos over the weekend about these to tell you that look this is What what what we're seeing happening now is basically historic folks. We're breaking. We've taken out last year's lows I mean, that's hard to believe that we've done that already, but we have it's very very important that you think about this a Little bit because it has huge ramifications if you remember last week we said there was a chance we could get a little bit of a bounce in The treasury notes and you'll notice that we did back on the 8th of there was a it was a 7th Actually, which was a Friday. We had a nice little five-day rally You can see how weak it was and now we've broken down badly We've broken down badly because it's broken all the major numbers now We couldn't be sitting at a major yearly low here in interest rates That's always a possibility, but there's also the possibility that we're going to be going down Looking at much much lower prices in the treasury bonds just because of the fact that you know, you have such These people have been accustomed to zero interest rates that kind of stuff and believe me that isn't going to happen anymore We can see that in the cards right away But look what's happened to the treasury bonds here folks just in the last It's the last few trading hours, but we went down and we've shattered the 150 154 14 that took we went below 153. We're trading below 153 right now Folks if you go to the newsletter and double check you can see the ABCD pattern than this But he takes you all the way down to you'll never guess 129 now stop and think folks. We've been doing these bond deals for well since 1976 We've seen bonds at 56. We've seen them at 180 190 and now we're we're trading down here about 150 so we could easily do that We know for a fact you and I if we watch these things at all We know that these bonds are not going to be repaid with normal dollars. They're gonna have to be Reinflated so stop and think for just a moment. What's the big news item? That's on everybody's lips and that is inflation, correct? All right There's two types of inflation their supply to inflation and demand the inflation Well, we've got going now and pay attention to what's happening in China folks because it's really really important They shut down the fact that the public can go to the Olympics. That's very important They are shutting down cities one after another now the people in those cities. They produce stuff that they sell and Everybody that knows where they sell raise your hand. Yes boys and girls It's to the rest of the world including their biggest supplier of customer Which is the United States of America? This is what's going to call the supply chain a problem It's going to be inflation, but it's not the type of inflation that they had in Germany or the what we had back in the 70s That was a situation where you had demand because we had the velocity of money skyrocketing Folks the velocity of money is dropping like a rock. You know, that's that's not long-term inflation That's short-term inflation. So there's gonna be there's gonna be some shelves. They're not gonna be filled There's gonna be some other things that are not gonna be done, but we're gonna get through this. All right So anyway, that's pretty much it now. I have to show you this picture sent to me by rich Anderson He and it's it's really a cool. It was done. He was in one of the magazines many many years ago But folks this is your perfect example of social distancing now. This is the bond pit folks There's over a thousand people in there. This was 1985 and You know bonds start trading in 76, but this was the bond pit the outside people you see everything Everybody there in a gold jacket is a member Belongs to the Chicago board of trade those in the red jackets and all other colors They're either their locals the red are usually order fillers and the other ones are just locals I never went into the pit. I stayed on that very furry fringe outside of it Just to see what was going on I did that early in the morning and the rest of the time I'd go up and Jack Waldoch's office in Berryland and I would sit there and trade looking down at the pit But I could see things but that believe me I I was paying I was paying five dollars each side a per contract Just to send the pit in and I was a member now You're paying four dollars on what you know in and out and for heaven's sakes, you know You're not even don't even have a membership, but that's like can you imagine what that was like nowadays? They still have a couple of pits working I understand in Chicago mainly the old corn pits and stuff from just Just to keep the old guys happy raise your hand. Anyway, that's neither here. That's neither here to there I wanted to also tell you something that happened to Sarah and I this weekend We have a very dear friend friends are from Utah bountiful Utah in the mountains above Salt Lake City They were down here vacationing hold on here No, I I never met any of those people. I never met Aaron Russo Eddie Murphy or Dan Acroyd I did meet Paul Gleason. He was he was also known as Clarence Deeks. I'm Clarence Beeks I met him Then that was the only other ones. I never met Belushi or any of those other people in there or not, but Anyway, I still love that movie and every time we go to Philadelphia, which is seldom anymore I love to go to the places where it was filmed and then still enjoy it very much, but that's neither here nor there Let's get back to these bonds folks these but this is very important. What's happening today? We're seeing a breakdown in the bond market and that could affect the stock market now We got the I know stocks were down quite a bit a little while ago But we're at a critical level today because if we break close if we break below the lows of last week In all these things that's going to be a pretty nasty sign Just looking at the Dow Jones industrial average. We're down 500 points or something like that today We break below that and close down badly and badly to me would be 800 or more And we will see a day of more than 1200 points to the downside sometime in our future if I live to be 110 But that will happen But when I don't know the key to watch today is watch the notes of the bonds because that's what they did with Woodstern Woodward and Bernstein in you know All the presidents men that's pretty much what you got to watch follow the money and the money of these Remember the folks the bond market and the note market is ten times bigger than all the stock markets. I mean, it's huge So that's why you have to pay such, you know, really close really close attention to it because it's it's that important That's that's the important thing to look at now how the other part of this is If you if there's only there's only three ways that the government can get rid of these bonds Okay, in other words the debt that they have any time you get over a hundred Well, we'll get back to this thing about bonds because this is really I think it's important So you since this is our show we're gonna say what we think is important We'll be right back eight seven seven nine two seven six six four eight You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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I wanted to talk a little bit more about the bonds through the eyes of the US dollar which we have to do now There's only three ways that the government could get rid of these bonds. One is they hyper inflate Okay, that's like what happened in germany and almost what happened here in 19 In 1980 until vulgar came in the second way they can do it Is they can do it by defaulting on the bonds that means we're just going to not pay him back That would just be hazardous to the US dollar it would totally collapse And as you can see from the chart that I just posted up here that is not happening So that's you can just pretty much that take that off the table unless we see it off the charts The third way is that they pay him off. Well, the chances of that are like those two cowboys I see out on the hill over here the chance brothers slim and none that's not going to happen either So the only other option is they're going to have to hyper inflate now they can't hyper inflate Hyper inflate when there's no volatility in money, which is what's going on So the only way they can do that is through the supply chain and shut that down And that's what China is helping them do They're going to keep these things up and that's going to make the bonds go down and it makes those darn things hyper inflation go up And by golly, that's what's going to happen. They're going to get down to about 129 In the treasury bond, that's the target that we're looking at here on that apcd pattern So that's what I'm looking at. We've been very sponsored for a long time folks I think I've been talking about this, but you know, well, you know To me, you know, the dumbest thing I've ever heard in all of my life and they're still going on in Japan They still have negative interest rates. Hello operator, you know, get with the program there I mean, I told you the story about, you know, the little our little grand sir's little grandson When I gave him the box of candy and took it away from me and said I'd hold it for him till he needed it And he says when will I get it back because you're never going to get it back Well, why not? I said, well, you're not ready for well I want some candy. Well, if you want some candy, you're going to have to pay me for it After I pay for my own candy and he grabbed the box away from me and he said this doesn't make any sense I think you're being silly Anyway, that's neither here nor there. So we're have to go back and look that over. All right Let's move on to one other topic that I want to get back to regarding these Treasury bonds and that is this velocity of money thing with the us dollar The chart that I posted there for the us dollar you can see we stopped right at The 61 percent retracement I didn't put the 382 in but the 382 was there also So we had a perfect retracement setting right there at that point at that time The euro was trading at 114 and change we posted these charts, you know over and over again to show you You know what these patterns are doing. We're not looking at anything fundamental or anything like that So that's all we were watching. I'll post the euro chart. You can see where we were This is an hourly chart goes back over the time period that we want to be able to look at it right here You'll be able to see that now we're coming down You'll see we're almost at the 78 percent level down here This is that was a target area that we were looking at now This was this is 50 an hourly chart. So look at yesterday folks the 17th, okay That was that was a sundae we were trading on sundae or monday because of the fact that it was You know on glow backs and you'll notice we went up to a 382 retracement up there at 114 30 And now we're breaking down here. We're down almost a thousand dollars in that thing Just looking at that simple pattern And that that's all we were looking at now This is going to be really interesting too because if the dollar If the dollar can just watch the dollar folks and that's why we watch it so closely If the dollar starts to collapse that's going to be a huge game changer But we're not seeing that anywhere right now. There's no panic anywhere even with the Dow down 5 600 points I don't think in here. It says no panic going on panic is when you see the thing down about You know down 1200 and you know people say I want to sell and they look around and they say to who You know that that's the fact from the old Eddie Murphy trading places, you know get in there and sell sell and the broker says to who there's nobody buying But whether you know, I don't know things that like that happen right now The short-term bias is to the downside, but that could change at any moment But we do to watch the patterns on a shorter term basis to see what's going on Now we have to get back to a very sad subject here This was a trade that I liked the best last week. I posted it for everybody to look at that was the sell in uh Wells Fargo at 5672 with a stop at 58 40 We got stopped out of that. It went up to about the 58 60. I believe we lost 3 percent, which was a dollar 40 Excuse me dollar 60 in that and today I was checking because Goldman Sachs You know the leader of the pack there has just gotten massacred And it was hard to sell Goldman Sachs because the pattern that it was in was basically, uh, you know Completing you know just get up here to take a look at it. But see we've completed a major ABCD pattern here in Goldman Sachs today So if you're an aficionado of Goldman Sachs, you're looking at a gorgeous ABCD to buy it You don't want to buy it at 425 when it's making a three drive to a top pattern No, no, no, you want to buy it when it's you know when nobody else wants it Buy them when they're crying and sell them when they're yelling That's an old adage from the old Chicago mercantile exchange. So let's remind ourselves that that's what we want to try to do By the way, if you have any questions eight seven seven nine two seven six six four eight Answering a question here from mr. Z in the room about jimmy rogers and his association with uh With george soros. Yes when he was a young man, he he was working for them as was What was his name? What's the other dude? Uh start with a really long name I can't remember never can remember his name jimmy rogers and uh, what's the other fellow who's even more More famous than rogers And he's incredibly good at what he does. He he worked at commodity corporation for a while before he went to uh to uh Went to work for what's his name? George soros, but they're on their own the reason why yes, that's it stanley drucker miller. That's right big stanley he is He is his own hedge fund manager But the reason why jimmy rogers moved to singapore folks was because of the education He has two daughters and he wanted them to know mandarin and cantonese chinese He wanted them to teach chinese who had a choice between hong kong And he had a choice between that in singapore and he picked singapore Mainly because of the stability of the government, you know, first of all You talk about stability, you know, the main thing when you go to when you go to uh, singapore I love going to the city the lion city. We've been there many times have many mr Probably william chews probably listening today, but I love the place But do you know the two things that that are Outlawed in singapore that we have here all the time a is skateboards and b is chewing gum You can't use chewing your bubble gum or chewing gum. Nope cannot happen will not happen. It's against the law It's a hundred dollar fine for chewing gum And I think it's a 250 dollar fine for having a skateboard and on the second offense. It's even more So that's the main reason he has private tutors for his kids there, of course And that's uh pretty pretty much, uh, you know, what what he does I mean, I'm not a close personal friend of him, but I've been out to dinner with him a few times And we've you know had chatted a little bit, but uh, we don't we don't exchange gifts That's a joke if I ever heard one Okay, have any questions folk eight seven seven nine two seven six six four eight I got a couple other questions that people have asked here that I'll try to answer about the grain markets And the other stuff that we're looking at through here But we're watching this and I need to talk to you about the crude oil market two folks because we've made new highs today It's in the news and this is the kind of markets that we really like to see We're in the news So we'll have to uh be watching it very close eight seven seven nine two seven six six four eight Are you having fun trading the markets? 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No, no, no, no It hasn't made a new high end brent north sea has but not the west texas crude I'm looking at that as a possible divergence what I do at that point I posted the long-term daily chart up for that And so i'm watching that for a potential turn i have not seen any indication of that as of yet But when we do and what I mean by an indication what I do is I go down to a 15 minute chart A half hour chart and I try to find a smaller pattern That you know may or may not be a good spot But the thing is it gets me in without risking You know an arm and a leg and that's the whole key of you know what we're trying to to accomplish here Okay, now let's move on to just one other thing here another question that someone had And that is about When you when I do I read any reports at all folks I I don't read anything or any reports at all I you know I might get some information sometimes from rich anderson or simone Say I take a look at the you know take a look at what's just the same but I go to look at the charts You know, I don't believe any of these bozos that are out there given anything, you know I mean whether it's any type of news at all I I really and you all know what it's like with the news these days I mean now all I do is look at that bar chart And I don't need any oscillators because they're lagging indicators I don't need those some people can work with them and I know basalt steve roads david can do those things But I I can't I keep it as simple as possible my time counts. I do the very simple time counts You know seven and 14 days that type of stuff. I know that the odds of winning Because of the four trainers handbook are very very heavily weighted in my In my favor just because of the abcd I mean when you have 30 000 examples and you know that you're going to win 65 Percent or better and your payoff is going to be better than three to one That's an edge that you don't get very much And so I think that's why it's very important when you add on top of it when we watch the 382 patterns You know my goodness that that just puts the odds in your favor, you know just something You know fantastic take a look you take a look here tonight from just a couple of days ago That we were preparing for this folks that we did in the news in our videos that we send out Look at the 382 that we had On monday with the mark. Look at that. You got stop right at the 382 and we're down 100 points You know and it rallied one more time up there I see the little abcd that was sitting there too also Pretty much spot on to 382 That's a really good indication of whether the things are Going to be looking at these things or not the most up them. Oh I don't know anything about that tennis stuff that's going on otherwise other than that I don't know if you know that we have lots of friends in australia And you know they are very happy to throw that guy out of there They think that's a big deal that they got him out that he's a crook. He lies and all that stuff I don't know if he did that or not, but that's going to destroy the australian open I would think but you know, what do I know? So I just look at the charts. That's all I do sometimes it works. Sometimes it doesn't I've had a question about the soy beans and things like that in the futures And we are watching those we the one that we like the best, of course Is could be coming up here sometime in the next few weeks. It's a little early, but if we take a look here I don't know what that means z when you're saying NQES or breaking lower l. I don't make any well I'll get that but look at look at the wheat folks This a long-term chart on christmas wheat and believe me if you think oil can go up Oil is indigestible and with people want food and if these supply chains get really squirrely, which I don't think they will They'll get squirrely, but not really squirrely I think we're going to be I think we're going to be okay, but you got to watch on the news Well, there I go shut my mouth. I have people to watch the news Anyway, if you see news on china with the with beijing and stuff and you see that they're Shutting down these cities if in fact they are that's going to affect the supply chain You're going to know that right away because you're going to see stuff on those the what you call it is On the shelves you're going to see things missing And you know a lot of stuff that's made over there is not going to be available over here for a short period of time Possibly maybe even longer. I don't know Okay, talking about the stock market. Uh, they were telling me that the nasdaq was just making new lows I want to get this up here to show you why it's so very important where we are because if you'll get to this level right here If we get below All 15,100 Okay, this is where we closed on friday here 15,616 if we get below 15,100 Start building the arc folks because that's going to be down three standard deviations. So we have not seen that in Three and a half years So that's going to be an important thing to pay attention to 15,000 is uh, well, there's also an abcd down there at that level but uh, watch that closely folks That's the one that's going to be really really interesting Uh, those are there's a few things that we're paying attention to here this morning. So We're looking here. Okay. Look at that crude oil is looking good now, baby Looking good feeling good. Billy Ray those of you that like 382 retracement Let's go take a look at that crude oil today to see what it did. Are you kidding me? Anyway, let's move on to another question that someone's asked us about the futures market I want to get this up here. Uh, don't do it very much but take a look here at the sugar the sweet And you'll be able to see here is the uh, march sugar We made the big abcd down there at 17 and change. We're now rallying up into the 18 area We got a beautiful 382 pattern there at 18 81 I know ruby's probably looking at that one because we had the head and shoulders pattern back there on october 25th The head coming in on the 17th of uh, november The right shoulder coming in exactly at the same price as the left shoulder That was on december the 8th, and then we have the abcd pattern Where it dropped $2,000 or the next two and a half weeks to come down to 17 and change And now we're rallying back in a bear market and I would be a seller of that march sugar at 18 81 I don't know where it's trading right now But by golly, it's it's an interesting one to uh to pay very very close attention to so that's uh what we're looking at here today Okay. Well one other question someone asked about about options. I do not do options folks I it's a little i'm just too old to do options. So i'm i'm not too old doing it because i'm still relatively I can still feed myself Well here as you can see I do pretty good job at that Uh, the only reason I do options are too confusing for me But if if you had to sit down with somebody to start this business I would start them in the option business because if you learn to be an option seller It's a can't lose unless you really screw up if you learn to be an option seller when you go into the board Chicago board options exchange that used to be years ago They had these big badges on it said sell an option buy a Mercedes because that's pretty much what it is If you sell an option the odds if you winning are 85 and you're favor. Okay. I mean, where do you get that? Okay, the problem is when option goes against you When it goes against you that's where the real problem lies And so that's what we're Sorting to remind ourselves up, you know that you got to be able to do that for sure So that's that's the main reason of the options, but I would get in touch with uh, larry mcmillan He's the option guy that's written all the books. It's really got great stuff in it But if you keep it simple you can make money with the options Especially if you learn to be an option seller. That's a no-brainer. It really is Hey, let's take a break here eight seven seven nine two seven six six four eight And I have some news on our guests tomorrow. You don't want to miss that show. We'll be right back boys and girls Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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That's tfnn.com and hit watch tiger tv Okay, we're back folks. I've decided to post a chart here from our friend timmy timmy the hog man out there in nebraska Timmy i want to thank you for bringing this to our attention last week. You remember here. We were watching it was last Tuesday on the show We had a beautiful buy signal down there at 84 and the hogs are trading above 89 and changed today Had a nice five and a half cent move That was a beautiful pattern You can see it's within the channel lines that we look at setting right at the 61 percent retracement of the low on december the 8th 50 percent of the low from november the Day after Thanksgiving, but if you look at it closely that becomes a 135 pattern folks one being october the Three will be december the 7th, and of course five would be only 11th of January last week and as you can see here We had this big move up and it's continues to move higher But that's a situation where you have everything lined up. You don't need to know how many pigs are out there What's what's going on? You're just seeing the buyers and the buyers are coming in at that point You know that if you buy it at 618 You got a risk about a penny and a half around You know 430 bucks and that's already picked up five cents, which would be over two grand So that's all that is. I mean, there's nothing more. There's nothing exciting I could probably put some things in there that make it pretty with all kinds of lines and stuff that to me They just confuse the situation folks. I'm just like curly from City slickers man do one thing and that one thing I do is I watch at abcd And before I watch abcd, I ask to see and okay How much do I got a risk to see whether this is going to be good or not? That's all I'm asking if those questions are answered positively Then I have a then I have a trade that I can actually do Now let's move on to another one that looks really good. I've covered the wheat I think that looks extremely well I want to cover this one for our our good friend mr Mr. Z because he was in this soybean oil for so long And I don't know whether he's still in it or not But as you can see here that we are setting up that if it gets below 57 54 I don't know where it's trading today, but this is a four-hour chart So this encompasses well over six weeks if we get below 57 44 That tells us that this market has going to have a pretty significant correction Now stop and think folks between the 5th and the 14th Of the january all this thing is done has built a very very strong foundation You can look at that as a pennant or a flag between 59 80 and down to 57 60 And on the move on the upside would break out to the upside and move on the downside would break out to the downside That's pretty much what you're looking for but the odds favor Just looking at this. I mean if you had to you know put a gun to my head Which most of you do most of the time anyway, I would be a buyer around that 57 60 level and I would risk more than 30 or 40 or let's say 40 cents 260 dollars Now I have no idea where the march soybean oil is trading this morning, but that's how I would handle it I don't know where the things are going to go or not. I don't know if you folks remember Tony de angeles. He was the first guy to put a real scam His name was big. Tony de angeles as I recall back in the 60s He scammed the soybean oil industry what he did was he had these certificates These giant containers with 50 60 000 gallons of soybean oil And what he did was he filled him with water and then the top foot of it He would put in soybean oil So when the people took the samples they if they didn't go way down into it They just did a little bit and looked like there was oil and most of it was baloney And he he ripped off millions of dollars unfortunately the people that he ripped off from the uh from the business were people from new jersey and You know no neck linguiney and all these other guys and that's uh, Tony didn't live very long after that But and then another guy did it later on. I don't remember what his name was. That's when I was in graduate school In indiana for my mba somebody else did the same scam with them now They're smart enough that they have inspectors that you know Do the testing all the way down to the bottom of the of the big containers and that doesn't happen anymore at least not now Every 20 30 years. They're probably going to come up with another way of doing it Is it uh, how is the uh I don't know where the or soybean is soybean oil is right now Uh Okay, okay What are you talking about three? What are we talking about three eight two in the in the oil? Is that what you're talking about bow because I can't I can't tell you what I cover I cover so many yes Yeah, all I'm saying here. Look at look at that soybean oil. Look at the consolidation right where it is If it gets below 57 40, then there's something right, you know that that's really uh, that's really all you're looking at You know, that's that's the basic thing of uh, what we're paying attention to Okay, well that crude oil i'm Bow i'm talking about soybean oil and you're talking about crude oil. That's like That's like talking between potatoes and oranges because they're totally different. No the soybean the the crude oil Had a nice retracement that that's that's a done trade already. We pulled back Very closely. We dropped a little over a dollar barrel right out of 382 went up and made new high And then it rolled over that was another one but that you have to do it We're doing a 15 minute chart on the one on the soybean oil I don't do 15 minute charts for the letter and stuff like that because you can't you know act on them But if you look at that for our chart, that's exactly what we're looking at Can someone tell me where that four hour or where the soybean march March bean oil is it still above uh 58 because uh, yeah, there it is. It's acting pretty good. See uh acting really good 58 5888 so it's still acting pretty good So that's pretty much it. Sorry to get the interpretation wrong between the crude oil And the soybean oil because one is edible and the other isn't so that's mainly the main thing This is a thing with about the oil and the shortage and you stop and think that they're trying to put all of these electric cars It's not going to be long folks It there's going to be a real real glut of oil on the market coming from all over the world or Europe China and other places once they get more Of these electronic cars out there, but that's 10 probably 10 or 15 more years Down the way. I think we have enough oil here to last 100 years I've heard but those are supply demand things that I never pay Too much attention to so by the way tomorrow is going to be a fun day because we're going to have One of the f16 boys. Mr. Jim me bark the leonie is going to be calling on from barge charts He's going to have some really great stuff for us. That'll be at 11 30 tomorrow We'll have I'm going to have jogen aptly later in the week and also stan harley Which days that'll be either wednesday thursday friday. We'll try to figure it out which two i'm going to have for them That'll be you know very interesting to uh, you know pay attention to uh, someone's asked a question I think we reached our objective here in the uh euro Someone might double check that on that. I haven't seen the limit minder Go off or anything, but that number in the euro is down there 133 34 I don't know what the low has been but we're getting pretty close to that area would be The guests that I would be uh, that I would be watching for so let's uh, Keep a close eye on on that one as we watch it Going through here. Okay. Now. Let me see where we are with the euro. Yeah, we did we made it in the euro We got down to uh one 133 30 wow right on the money. We said it was going to be 34 got to 34 Pretty good. That's not so bad. All right. Let's move on here to another thing that we're paying attention to And let me get that up here. Hold on get the chart for it and we'll be ready to go Hold on here. We'll be ready in just a second here The fang stocks and that was the one I wanted to tesla. We'll be right back with tesla folks So let's go ahead and do this 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 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 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 and 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 Are you looking for a secured investment which pays you on a monthly basis? The target first mortgage program may be the program for you The best rate on a five-year cd in the country right now according to bankrate.com Is paying 1 per year or $1,000 per 100,000 invested the target first mortgage program pays 7 per year Paid monthly on secured high value buildable properties in st. Petersburg, florida The investment is for four years paying 7 per year or $7,000 per 100,000 invested Your investment is secured by high value real estate in st. Petersburg, florida Your investment can be anywhere from 100,000 to 500,000 Do you want to make 1,000 per year on 100,000 invested or 7,000 per year on a secured tiger first mortgage? The tiger first mortgage program may be just the program for you The tiger first mortgage program pays 7 per year paid monthly for more information. You can call 877-518-9190 That's 877-518-9190 Okay, we're back folks. I posted the uh chart of tesla You'll see it's it's probably it's acting better of any of the fang stocks So it's important to pay attention to that the other thing that's happened today is that microsoft with 65 billion in cash Has bought activision. I don't know anything about the That kind of stuff except that it's gaming John jameson said that it was very important because uh the fact that the gaming business is going to get bigger and bigger and bigger and bigger And never get any littler. That's what he's saying So that's why it's important. So they move that money from cash to buy activision at a I guess a very very Very very important price. So we'll take a look at that as we move Remember the three things that we got to focus on in the coming weeks folks. What's happening to bonds and notes What's happening to the us dollar i.e through the eyes of the euro and the british pound And then also the stock market Those are the ones that we want to pay very very close attention to There's not too much difference between Some of these indices with the exception The fact that the dow which has been the weakest is a little a little weaker today But mainly because of goldman sacks, you know goldman sacks. I posted the chart that completed the giant abcd pattern today So if you had to buy any dow stock Or had to buy something and you had money that you had to buy stocks That would be the one to buy because you got an abcd pattern in an upmarket And that's why I would take a look at it, you know And I know the news is really bad, but the reason why the price is down here is because the news was bad So keep that in mind now tomorrow. Remember, we will have jim bardley. Only will be our guest Always always a lot of fun. He's got some great stuff And he has a side call barts charts that will have some really great interests later on We'll have stan harley and it also joe denapoli later this week I probably won't have to be thursday and friday because jim's on tomorrow We have a short week due to the holiday on monday So those are the main things that we want to be paying close attention to make sure that you stop on all your position folks Because i'll tell you these markets are not for the faint of heart. I mean they're wild puppies I mean they jump around their dow jumps 150 points every hour or 15 minutes It just had 150 point move in 15 minutes. Just while we were on the air See y'all tomorrow make god bless live every day in a