 The following is a presentation of TFNN. The TFNN Bull Bear Trading Hour. Every trading day, live at 10 a.m. Eastern. Call now toll-free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Trading Hour. Now, Tom and Tommy O'Brien. Welcome, folks. Appreciate your growl and a problem with us out here. We have the Dow Industries down 53. Nasdaq off 6. S&P's off 2.5. Gold contract down $2.30. Trading at 14.72 an ounce. You got Silver Flat. $17.11 an ounce. Light Sweet Crude up 43 cents. $55.64 in barrel. Now, that's going to get really interesting today, Tom. Oil numbers, because the oil that smoked yesterday, folks. Oil down to $1.90. Had 800,000 contracts. We're almost a dollar, and that's a jump in. We're almost a dollar off the low that we had a 54 handle on that. We're up to 55 in chains. So volatility for sure. And we got those numbers, like you said, coming to inventory in a half hour from right now. Notes. Notes and bonds. They just refuse to die, folks. You get the 10-year up 8 ticks. Trading 129-22 to the 30-year up 27 at 1.606. King dollar. King dollar. Flat 97-873. The year is at 110. The yen is at out 108.64, and the pound is at 129-1 US dollar. And let's go over to our man, Mr. Kevin Hanks, TD Ameritrade, as we do each and every Tuesday, Wednesday, and Thursday. And don't forget, folks, every trading day right here, 11 to 12 Eastern Standard Time, you want to understand the option market, option strategies, futures, outstanding program, defined risk. If you haven't test-driven yet the think-as-one platform, it's really easy to do. You're on our website right now. Just hit that think-as-one platform. Bring it up. They'll allow you to trade the paper money. You can follow Kevin and his team each and every day as they move through target and lows. You better move quick because they're rocking, man. Kevin Hanks, let's go. What's going on? Good morning, Tom. Good morning, Tommy. You know, this week, which is a very light week for economic data, really nothing besides housing to really pay attention to. But when I looked at the earnings for this week, I highlighted a bunch of all the important names, and they were all retail. Yes. 100% of them were retail. And what we're learning from this week is the story of retail for this quarter is winners and losers. Yep. I mean, that is what you're seeing right here. What Target is doing there versus, you know, some of these other names, and when they miss, and when these aren't showing that they're keeping up with other, man, they are punishing these names. And guys, just so you know, the three names we're looking at for today's show, L Brands, Gap and Macy's, we should call this show Loserville because these are three companies, if you look at their charts, that have all gotten hammered since the last quarter or two quarters. And we're looking at the margins on how to trade these over the last 16 to 90 days. That's so cool. You know what's amazing, Kevin, is that, like, it's probably about two years ago now that on these updates, you know, you were bringing up the aspect that we thought that the separation was taking place. I mean, time goes really quick, but that's come into fruition now. That it really, you know, if we go back a couple of years, it was like all retails going down. Well, you could almost see it as it was changing. And then, now that's real. I mean, it really has changed dramatically, you know, that you have these winners that are extraordinary because they're left. And then just as you said, today's going to be a big show because the reality is that when you look at Macy's, oh my God, I mean, when you think of Macy's, it's the parade. It's red, red, and blue. It's Apple Pie. The question you have to ask is, are they going to be around, right? Yeah. They're going to be around. They'll be okay. But where's their place in that sector? You rent those big spaces, man? That's big money. That's, you know... And you know, who seems to be winning through all this? Right? Who seems to be coming out on top? Who seems to be losing? Companies that embraced the change of e-commerce and got on board. Right. And invested in their businesses and changed their businesses. I mean, some of the things that, you know, Brian Cornell, the CEO of Target, talked about this morning was amazing about online orders and how, if you sent to you via the store versus via their distribution center, the store is 40% cheaper than getting something from the distribution center. These places are becoming... And, you know, they talk about clicking and picking it up. Shopping online and picking something up. Shopping online and going in the store or curbside, you know, all these things are changing these businesses. And Target is one of the people that we're willing to make the big change and you're starting to see it in their numbers. You know what's interesting, though? If you want to look and talk about $56.5 billion, a little more after today, obviously. $41 billion. Yeah. So we compare Target to time, right? Right. As much bigger than the other. So, you know, but we knew this was going to be interesting in covering these names, but the one constant theme is winners and losers. No, no doubt. And, you know, that whole pickup deal, I think, at the stores is a big deal. Because, you know, you jump online in the morning. You can't believe you get down. You're doing errands. Okay, man, I'll run by the store at a certain point. Sure. Get it, you know. And you don't necessarily know everything you want at the click of a button. Sometimes there's a few things that were still, especially groceries, certain items. You want to check out a few clothing items or what it is, and then you pick out a few household items that you need while you're there or something like that. Oh, yes. I mean, and one great thing that I think Target now has in its favor that you can't ignore is momentum. Yes. In terms of, because here's what, Nike left and put Nike in Target's knee shops set up in the Target stores. They've got a little partnership with Toys R Us for the Christmas holidays going, like whatever that spin-off is of Toys R Us. So they've got momentum now. They've got people seeking them out because that is that place to put your product that's getting a lot of eyes on it. And I just think because here are shoes. People like to try on shoes. Oh, yeah. It's interesting to mention it. I was there with my girlfriend, she had a daughter. They both bought pairs of shoes, Kevin, last week. And I was saying, actually, man, they have a great shoe section, just like a fundamental. And it's amazing that you mention that because they really did great items. $35 maybe, you know, $40 discount. Great shoes, man. And if they get Nike, that's brand to brand. That's like intense, man. That's saying that you're to the top of the class. I mean, exactly. And for Nike to abandon Amazon, because I think they abandon Amazon because they've got their own. Sure. Direct to consumer business. They don't need that. But what they do need is a wider presence in store, the full price retailers, like Dix and things like that. I think Target, like I said, Target has momentum. It's funny how fundamentally everything that I've just myself, so I've ordered shoes from Nike, delivered from Nike in the last like two months. I actually ordered a couple pairs, returned one because it didn't fit like I thought it was, ordered another one. And then I've been in Target looking at their shoes, man. So it's a real deal. I'm not the only one, exactly. Folks, right here, 45 minutes from now. We're going to be talking retail. We're going to be talking the losers. We'll see how these trades are setting up. You're going to love it, Kevin. You have a great one, a safe one that we look for to show in 45 minutes, Kevin. Thanks for having me out, guys. Thanks. Thanks, Kevin. Stay right there, folks. Tony and I are coming right back. We have the down, down 80. Nasdaq off eight. S&P's up four and a half. Notes and bonds continue higher, folks. We're coming right back. If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The Taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Heated by Steve Dahl, Taz understands that in today's technological world, the use of top flight software applications and technical analysis expertise is essential to successful trading in today's market. You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, the best way to use the Taz profile scanner to profit. 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TFNN has launched our brand new website. You can still visit us at the same TFNN.com URL but when you do, you'll see a new and improved homepage with a much simpler navigation whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com Educating investors. Call now, toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks. I was down 88, Nasdaq's off 10, S&P's are off 5.5 and you know yesterday folks if you were listening to the program we were talking about Wobby Parker and we were talking about Harry's and we all know this but you gotta see this I mean they're pushing Harry's ad not the size of the ad they're pushing to us Can there be a banner ad bigger than that? It's just remarkable how and just like you say if you're on the internet you know that you got cookies, right? The cookies are in your browser they're gonna retarget you so we checked out Harry's and I'll give my former Noble and Greeno classmate another plug for Harry's Razors because they're gonna be following us around in perpetuity until we clear our cash or clear our cookies I use Harry's I think it's a great deal Yeah, I mean it's so simple It's unbelievable and I think they ended up getting bought out by Gillette or one of those companies Oh yeah, I think Proctor Gamble was in there Yeah, Proctor Gamble and they bought a German blade factory or Germany or something like that to produce them but you talk about a business with margins Razors My God Seriously So let's take a look at some of the higher volume Well here, let's go with the S&P first because the S&P once again you know it was trying to make an all time high again this morning you know got a good boost up you know from last night you know bottom line is that you do it somewhere down with that that's four in the morning you're at 3104 and it didn't make it now it's gonna be so intriguing here of course it's only 10 o'clock in the morning True You know that being said you get a flat market out here if we take, if we go to the Dow Industries let's see what the strength versus the weakness in in the Dow Industries so what we have out in the in the Dow Industries right now putting negative points into it Home Depot 17 nothing heavy 3M16 Goldman 16 Positive Bowling 15 McDonald's 8 Inside the NDX100 what you have is that you have Workdays up 2.9% you get INCY that's up 1.5 Taken away from it is American Airlines down 2.5 you get analog devices up 2.4 Xilinx up 1.8 and Alta Salon down 1.7 so I mean we really look at this market excuse me folks you still really have a flat market out here and that folks the thing that's amazing about this market excuse me folks there's no doubt when we start talking markets this is with the impeachment here and with if you haven't seen this thing yet I mean the bottom line is that he basically is letting it out that yeah it's a quick pro quo everything that the whistleblower is saying he's verifying on the first-hand basis that he was under orders so you can see this market just shakes everything off yeah you know and do I even still have it because you know we should talk about it at some point there we go you know Juliani's quick pro quo ordered by Trump at his direction Juliani demanded that Ukraine make a public statement announcing investigations into the 2016 election DNC server and barisma southern and the opening statement was just I was getting updates everywhere man Juliani was expressing the desires of the president of the United States and we knew that these investigations were important to the president I know that the members of this committee have frequently framed these complicated issues in the form of a simple question was there a quick pro quo as I testified previously with regards to the court requested White House call and the White House meeting the answer is yes and he is a hotel magnet that donated millions to the Trump campaign not even so to call him a never Trump or whatever you want to do that's as big of a Trump proponent as you can get he's a huge Republican in the Wall Street Journal today he's a huge donor huge Trump family the last five Republican presidents he's been trying to get in there bottom line though you know we'll see market wise with unless Republicans in Congress matter the market is not going to matter because nothing's going to matter unless our elected officials matter so hopefully people wake up man that's because I don't know how you defend that other than saying I don't care if that's the case and that's pretty much what people are saying right now which is a bummer so getting back to the market man we got oil coming up jumping over to the number of crude oil it is 10-22 right now we get the number 10-30 jumping over to crude oil so this jump this jumping around a bit last week so survey number coming in and about increase they're expecting to build no matter what okay 1.5 things have I guess in-stop maybe the API was a big number last night I'm not sure it's a whisper is showing about 2.5 and let's just jump back to see how oil is trading because as you said pulled back pretty dramatically yesterday and getting quite a pop though this morning we had a 54 handle on oil at 3 a.m. we almost made it all the way up to 56 we're sitting at 55-85 right now in the price of crude so if you want to jump around see where we're at always exciting when you get that number when you've had the type of volatility we've had in crude for sure well that's interesting the active ones only 81 we must have just ruled are we I think the contract I was just looking at which might be the active might be January I thought so so we're looking at January over here with 55-85 but go ahead see how can you go active is that I did so they are just rolling the roll has happened okay I'll still be able to get it yeah we'll just pull it up and see they're going to be they're going to trade similarly but there's your yeah I'm saying we're going well hey what the reason being to you folks watch this and thanks to Mr. Bill in the den API was 6 million last night so there's the increase for that whisper okay so even the yeah let's let's let's put a number in there man and again you know this isn't guessing it is guessing here but when you're making the trades right if you're making a volatility trade coming into this number right if you are bearish you better be hoping that you get a surprise on your side to the tune of so let's let's go let's go we're going to go 6.5 man oh cool we're going big shoot for the moon we're going to win it's a little bit of game theory right so you want to win you want to win we have 7 ranks man well last week I don't know if I saw the headlines we were like number 6 and number 3 I think because we jumped around to gas as well now we'll do a little game theory game theory right if you want to win alright you got to go big you know if all that matters is I want to win man I want to be number 1 right I don't want to be number 3 number 6 even if you know you almost not that you have to choose a little bit of an outlier right and this applies to things like for instance daily fantasy football you have these huge draft kicks right you have these huge games you have huge tournaments of 10,000 players 20,000 players right if you want to win that tournament which is usually a top-heavy prize pool you have to choose an outlier lineup you know I mean you can't just choose the best value for your money you can't choose the best educated guess right to win because guess what there's going to be like 15 people with identical yes lineups there's going to be 15 people with identical matches of between 1500 and 2500 here if you want to have an easier avenue you choose an outlier and in the long run you'll win more often than the average person guessing because you got to be so close to beat the average interesting yeah yeah the we'll see you know the Dow basically gets some juice on the way down nothing heavy but 104 is some juice no doubt bottom line is holding its own the bond market folks is that what's happening out here today we now yesterday was light volume we're getting volume today though inside the bonds right now yeah you're already a million contracts yesterday we only did I think just over a million so we're going to get a couple million and that's what it takes sustain higher price that's where it comes down to I guess we got over a million yesterday we have 1.2 million but we're going to get like 2. something today and that's what you need in order to stay in higher price we we're at all time just about at all time highs in that 10 year is kicking at 1.74 not bad yeah stay right there folks tell me now I come back to the oil numbers hi folks Tom O'Brien here if you like to get my daily newsletter market 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guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting 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 alright we shot for the moon and we didn't quite hit it we saw the number come up there 1.38 1.38 yeah the interesting interesting thing is median estimate was actually 1.5 okay whisper number inched up after an API showing a dramatic build but I'll get down so there's your headline number crude oil inventories rising 1.38 million barrels the EI says let's see how that hits the market as we jump back to the charts and not too much of a response pretty close to the median estimate number we already traded up a dramatic amount of a dollar off the lows almost we're currently trading $55 and 88 cents right now you know whatever way you can look at this technically it looks like oil wants to go low fundamentally to me it's like amazing that you got a ramp go coming out with as we say that it just jumped 20 cents because you got a ramp go coming out with their IPO yeah but you know that you're pushing it out that's the most valuable company it could be one of the most valuable companies in the world probably a little bit debate no it probably is I joke but only because of everything that's happened they're worth 1.6 1.7 trillion but just to be I mean Microsoft is at like 1.1 1.2 right now and that is a legitimate 1.2 if you actually pushed out in a Ramco IPO on the New York Stock Exchange right you think it would come in at 1.2 if they're able to only push it out at 1.6 in a Saudi market where they're in a shakedown where they're having the Ritz capped ease so just to keep in mind I mean obviously the Saudi oil state company massive wealth but just remarkable how far they've fallen because it doesn't matter what happens folks if you look at the XLE the thing that's amazing look at the XLE the XLE is trading at 2006 levels do it 2000 almost 20 that's saying quite a bit if the market's looking into the future the market is saying hey there's going to be plenty of other alternatives to using oil every day the tourism so I have to jump back man we are an investment site but we're talking about impeachment hearings to the president if you don't think that affects potentially the market we're talking about tantalizing stuff man in terms of vice president Pence so Sondland told vice president Pence to reiterate that's called first hand okay him actually telling the vice president before his meeting with Zelensky on September 1 that he was concerned that military aid was now tied to the issue of investigations and then to really bring it in so you have the vice president you have the chief of staff Mulvaney already being implicated Sondland's got text from WhatsApp being posted as we speak in the hearings and even as late as September 24 I want to speak with Giuliani that's the secretary of state directing the special envoy to speak with the president's personal lawyer in WhatsApp message Kurt Volcker told me in part spoke with Rudy Pergadins from S that's secretary Pompeo secretary of state and if you want to know what the president thinks of the man testifying here was President Trump's words on just October 8 I would love to send ambassador Sondland a really good man great American to testify but unfortunately he would be testifying before a compromise great kangaroo court where Republicans rights have been taken away the true facts were not allowed to the public well I hope everyone's able to make their own judgments on what he is testifying to and so we'll see but it's pretty pretty pretty remarkable man and it should affect things because it's the president of the United States being implicated in a quid pro quo holding congressional aid with the secretary of state the vice president secretary of energy chief of staff Mulvaney et cetera et cetera secretary of state doesn't get much deeper man pretty remarkable back to Marcus we'll do it let's dig into the target what you said it's important to understand that this is about the constitution this is about the United States but yet the market just shakes it off I mean the really unfortunate thing is at the beginning of the Trump presidency things used to matter because the market actually thought that things mattered there's actually a statement that's pretty worrisome that the market actually has recognized that politicians might not care about anything that this president does because if you remember when he fired the director of the FBI I think the markets dropped 4% overnight when that happened and now we're having things come out that are amazingly implicating much worse so I would say than the president maybe just obstructing justice by firing the director of the FBI and the market doesn't care because they know they have one of the parties in office completely behind them that will allow them to do anything that's my take you make your own opinion but man I don't know how you get around what's coming out right now from one of the president's biggest supporters in the president's own words great man great American he'll tell the truth that's not gonna be the words today I guarantee you that I guarantee that tweet is already deleted if it's not yesterday so let's get into target's actual earnings man because they crushed it out of the park I'm like 5 number it's amazing some of these big look at that third quarter comp sales 4.5% a full percentage point comp sales always pull my mind right because you know these stores are growing they're growing internationally they're growing across the country but when you have a store like target you think that if you were shopping a target today you're shopping there in a year if you weren't shopping today you would grow 5% on a yearly basis from where you were last year for the same exact store the same exact store that's taking market share from somebody man because that's not the type of growth that's going on in the economy in terms of the same amount of people aren't spending 5% more at target you are taking market share from somebody else maybe it's a little bit from Amazon maybe it's a little bit from Walmart maybe it's a little bit from Kohl's talking about stores getting hit maybe it's a little bit from Macy's winners and losers looking forward to fast market coming up next with the losers segment L Brands Macy's it's interesting man Kevin mentioned because we looked at it yesterday the market cap is interesting he brought it up market cap target much smaller company than Walmart but revenue man they got some revenue man you're talking about $75 billion in 2019 and to push it back to where because Kevin made a great point but man they're coming for Walmart they're coming for Amazon because $75 billion in revenue and that's going to correlate to a market cap of only 64 billion okay but you go over to Walmart and Walmart's looking at a company that's $340 billion they're taking in 540 wow it is bigger than I even thought Walmart amazes me $540 billion when's the first company going to pull in $128 billion in 90 days and I think that's the number I had in my head not the yearly I was going to say when's the first company going to take in a trillion dollars in a year because we're going to be there man a trillion we're at half a trillion right now so Amazon $873 billion that's caught a bid today the PE of almost 80 to put things in context and they're only at $279 that should be because look at this growth man $177, $230, $280, $330 they're growing by leaps and bounds they are and that's why the PE will correlate to that look at the earnings growth so the earnings growth folks this is actually amazing 2015 for the year $1.25 they project in 2020 $27.49 and I think that's the tail end remember they're building out AWS right the market kept saying hey when are we going to be with all this revenue you're taking in man and that's when the spicket really turned on and to put things and look at Target man as we speak still rocking it's up almost 13% now but Amazon I just want to put it on a longer time let's just go back let's do 20 years because we'll zoom it in but you'll see the run and really when they turned on the spicket you go from the beginning of 2015 at $345 in a span of 4 years or at $2,000 stay right there folks we'll come right back we're going to have a man Mr. Titty Kakes.ly are going to be talking currencies if you are in the CD market and looking for a secure investment the Tiger First mortgage program may work for you the security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida the tax act of 2018 set up tax free zones across the country where you can build the investment is anywhere from 30,000 to 75,000 the interest paid is 7% yearly paid on a monthly basis according to bankrate.com the 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day go to TFNN.com then hit watch tiger tv that's TFNN.com then hit watch tiger tv for the latest market information welcome back folks dollars down 78 and azix flat S&Ps are off two and a half let's go over to our man teddy keg stat we got it it's a beautiful thing we got a lot going on the market I know each and every Wednesday at 40 past the hour you can reach teddy every trading day folks at 4x-trading-unlock.com that's 4x-trading-unlock.com that website is your key to online 4x trading teddy keg stat what's going on brother how you guys doing a little mixed bag of goods here with the currency markets I think there's a lot of people watching the tv right now and not looking at what's going on slightly something going on in the markets just seems to shake it off man it's true they do but it also seems like there's a little bit of a lack of direction especially right now with the dollar so it's just the dollar index I think is looking pretty heavy but as soon as it starts to kind of make a move I mean it's just been really knee-jerky the past few sessions and I think we're starting to head into and we have holiday markets coming up next week in the US to begin with and I think these hearings are starting to really weigh on the dollar as far as you know whether you're a bull or a bear there's too much indecision going on right now so I think you kind of have to look at some of your lesser major crosses for some swings you know I think that the yen right now you got to look for a breakout maybe upside yeah that yen man that 109.29 or 109.30 man is a dangerous spot for me and are anyone trading gold in general do you know what I mean you know we get up that's exactly where I'm looking at yeah now it's an upside breakout right in that area no I'm with you man because you know the bottom line folks is that you know it's got up there a couple times and you know it had every right to basically jump over it you know and that was like two weeks ago we got to the 109.49 they just gave it up man so you're still dealing with this yeah it's a 109.32 man right we'll see with that baby I think the dollar also has as far as the Asian currencies the yen is something that it just has it has a good hold on right now it's hard to really get that market to sell off no matter what happens to the dollar index yes you know the the pound seems to be catching a pretty good bit over a couple days but it seems to be pressure you know pressuring the top of that range you know and if it can break you know topside it that that thing could well what do you think it could do well I think that the pound has a good shot at going up instead of a lower 130 handle a dollar 30 handle for sure I think just technically it looks like it's going to go there now they have some debates on Friday coming up and I guess the the recent one from what I've read and looked at is that this Corbin guy did pretty well for himself but that doesn't necessarily mean that he's gaining any type of real momentum it's just that he seems to be able to handle himself well so I think that they're looking to see what happens on Friday's debates but still I'm bullish the pound overall yeah and and the Euro just hasn't moved right I mean the Euro it just can't seem to gain any strength I mean it looks like it wants to pop and I think I'm right now a little bullish right now I think right now I'm I'm glad I mean because if we got movement in the Euro that's when the dollar would get croaked I mean that's that's the reality right that you know the dollar is right right and it doesn't seem like the Euro wants to do it like it gets a little spike a nice little rally and then it just doesn't want to go now I like I said I am bullish but I don't think that there's really much to the upside I think it's just going to be a crawling little creeper of a rally you know yeah so you get that what you're probably looking at that 112 right you're at 110 right now the top of the range yeah right and I think it could take like a week and a half to get there literally and then that's probably where it'll run out of gas yeah Teddy what happens like you know as you just mentioned we're coming up the Thanksgiving and we're coming up to Christmas now I can see that Christmas that would affect everything because we have Christmas every different religions has different times at that time what happens at the Thanksgiving deal does the dollar slow down and the other currencies all is it just our dollar that slows down meaning and trading wise in trading wise I think you definitely what happens for the most part is you do start to get really thin markets because of all the people that take off so at this time you have nothing but really machines running completely especially in the last two weeks I got it okay that's really good to know right that's where whether a bull or a bear you can get caught on the wrong side pretty quickly right right well and you know what's kind of funny is like I remember the days on the trading floor like there was people that had to show up for work during the holiday markets you know who worked for the firms and ran the desks and would have you the skeleton crews but as far as the real market makers whether they were really good traders or bad traders you know for the most part they did not come in during the holidays and especially during those last two weeks right because they knew the market was thin if the market if something came in it really pushed it in a vacuum move and this is back then when it was a totally different kind of dichotomy you know so but I think that right now you only have machines running at during this time because nobody if you if you're once you're a veteran trader after a few years you realize that if you're there on Christmas Eve trying to make money it's not that you're an Ebenezer Scrooge you're a moron right yeah right I just love enjoying a few things totally should not be there right no no for sure and and we all look forward to it too I mean that's the other side right it's like it's like okay you know tell me and I talk about it there's one streak that we get days off of the year and then all of a sudden we don't get a day off again for a long period it's not I guess since we're talking about it I just happen to be looking at this the NYSE holidays and the the front end of the year is more loaded than not so you got new years with King Day January 21st Washington's birthday President's Day February 18th you got Good Friday Memorial Day and then you're basically refined to July 4th Labor Day Thanksgiving Christmas so we just coming up to it now yeah which is pretty cool and Christmas and New Year's both falling and that's why I was pulling this up on a Wednesday yeah so you're going to have a Tuesday half day I believe and this is where I just looked up NYSE holidays for anybody looking for this you got we're looking at 2019 and if you get down to the asterix we got two of them in terms of you're going to get a half day on Friday for the Thanksgiving okay now that's when we'll be closed but in terms of Christmas you're going to get the 25th and you're going to be closed on a half day on Tuesday the 24th but then I believe as well when you back it up that maybe I was looking for New Year's Eve no New Year's Eve love yeah they make us work then they make us work pretty well there'll be some champagne popping in the Wall Street offices until 4 p.m. there's nothing else to do with those days I agree that's why I was actually surprised yeah what about the Swiss Frank man where is that hidden right now the Swiss Frank right now the US dollar Swiss is railing right now so the Swiss itself is under pressure and I think that right now you have this little kind of boost in the dollar index it's trying to fight for a little bit of a rally and I think that's where you're going to see the most of the momentum to the upside is the Swiss but then well also once it turns that's where you also see the biggest breaks like it's kind of crazy like the Euro has been in an uptrend now for a few sessions and even today it slammed lower and then came back up near it's where it opened up and the Swiss is the one that has the action how is that possible it doesn't make any sense okay you know that's that's that's intriguing where is a big number coming out on is it Thursday or Friday Friday is GDP coming out okay so that's a big number listen folks you can reach Teddy every trading day at forex-trading-unlock.com Teddy you have a great week a safe weekend of course we look forward to speaking to you next Wednesday yeah it's going to be right we'll still be talking I like it man have a great one have a safe one stay right there folks Tommy and I'll come right back I'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes author of Mastering Probability and for the last 12 months Timer Digest has been tracking my newsletter which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12 6 and 3 months Timer Digest also ranks me as the number one market timer for gold as well the fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFN.com and get immediate access to workshops on how to use step by step how to use an extraordinary set of tools as well as provide great market calls too sign up today if you're a trader in the market looking for exposure to gold or gold mining equities then now is a perfect time to sign up for Tom O'Brien's gold report the summer is over gold is trading back above $1,500 and the 10 year treasury is hovering at around 1.5% Tom O'Brien has been writing his weekly gold report for almost 18 years there's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a 30 day money back guarantee so you have nothing to lose every Monday morning Tom publishes his weekly gold report with coverage of gold, silver, bonds, the XAU HUI, GDX, the dollar as well as more than 30 different mining equities as of September 3rd gold report subscribers have 5 active open positions with an average unrealized profit of 38% for each position to see for yourself the types of profitable trades that are recommended within the gold report sign up today by visiting tfnn.com since 1984 Bazel Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion while originally hand drawing charts from the late 1970s into the 1980s Bazel noticed that prices under most circumstances virtually always had a certain number of likes to the upside before declining sharply later Bazel found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls thus was born the Chapman wave sequence using the Chapman wave methodology along with other indicators Bazel Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a 2 week free trial to the opening call to Bazel's daily trading newsletter by visiting the front page of tfnn.com cancel at any time during that trial and pay absolutely nothing get your 2 week free trial to Bazel's newsletter the opening call today by visiting tfnn.com this segment is brought to you by thinkorswim for more information just click the thinkorswim banner on the front page of tfnn.com welcome back folks and the good news is that in Hong Kong bottom line looks like I'm not quite sure what's going to happen with all the folks that got arrested de-escalation of things for the time being but you had and jumping into the story that we just want to finish on because this driving a lot of maybe the negative action this morning in the markets talking about the U.S. Senate passing a resolution I believe was unanimously doesn't happen often and that had to do with with just going to scroll down to get through it yeah so here we go so here we go now President Trump is he going to sign this right a major reason why he wants to deal now is that China can buy large amounts of agricultural products his position is even trickier because congress would easily be able to override any veto of what he just passed so is he going to side with the Senate and it's really where you got China really upset don't say I didn't warn you so statement issued by the foreign ministries using a Chinese phrase that prior to this year was used only in a rare case like before 1962 war with India and this has to do with support for the pro-democracy protest thank you yeah yeah and so of course China's saying stay out of our business Hong Kong civil not supposed to really be their business just yet but of course it is their business I like to say so it'll be interesting to see how President Trump navigates these waters of a unanimous Senate approval resolution siding with the Hong Kong protesters veto proof so you know are you going to go against a unanimous resolution for you know and you know money matters right the economy matters but freedoms matter too man and it's a bummer that you know I feel like some of that stuff is taking the back seat just because we want to trade deal with China that we're going to allow Chinese to squash freedoms of citizens all across the world including the biggest country in the world China stay right there folks we got Kevin Hicks team of TD Ameritrade coming up next and I'm Amis the Bowser Chap and Steve Goldstein wait I'll be back in a second thanks thanks man well done folks