 Network News Update Hi everyone, Basel Chapman here at 9am. This is the Tiger Financial News Network Market Update. The Dow closed at 36,432 just off its all-time high yesterday. I got it in leg F and this says, from here you've got to be a little bit careful. Let's see what happens. The YM, the futures are just down a little bit, down 46 and we're going to be watching this closely because if later in the day, my belief is that if later in the day the Dow is not more than 40 or 50 points higher after two o'clock, but in fact is down 40 or 50 points more, it says, yep, probably getting a little bit of a consolidation here. And it's kind of rotating. Let me explain why, because if you look at the S&P, the futures are up about two points right now. The S&P did not make a new high yesterday or some high. The higher Friday was 47, 18, 50. We'll see if it's able to get above that today. But these little doji candles are just suggesting a little bit of tiredness right there. And you've got the repellent zone, Chapman Insight Track repellent zone in the weekly chart. So let's see what happens. It will take a big spike to the upside to really break all these slightly negative things right now. But this is the issue that I'm looking at here. The QQQ trading at pre-market at 399.32 made a peak C and we're always expecting four higher peaks, D, and that should be above 400.99. You get a 401, that starts in a D, and then we're going to watch it closely. So that's the QQQs, the IWM, Russell, 2,057 cents off the leading the pack to an all-time high. Yesterday, there again, we're going to watch it gold. Gold is up three at 1831, it's had a really good move to the upside. It's about to get to strong resistance in the 1830s. Let's see how it can handle that, because the dollar is pulling back just a little bit. It's up two ticks at 9406 after that high that was made just a few days ago in the 94060s. So we're watching that. Now, the TLT, this is really important, the TLT is bonds, Lehman-Turji bond fund. It's up 2.06 right now, 151.08. This is really good. It means that yields are starting to pull back. And the other thing we're looking at is Crudo, Crudo made at least a shorter term top on the 25th of October at 8541, and now it's pulling back, making low lows and lower highs. Can it break out into the 84s? That's the big question. So stay tuned. You've got Tamir O'Brien coming up, and this is the Market Kickoff show, wonderful show. And then you'll get my show that was recorded eight to nine at 10 o'clock and 11 o'clock Larry Perzevento. Next week, I believe Larry's got his all-day workshop. Then you've got Steve Lode, statewide, Tamir O'Brien. Have a wonderful day, and once again, happy birthday, Tamir O'Brien. Thanks for everything you've done for all of us here. Back to you for then.