 into time. He also has a great newsletter, the opening call. Now it's very easy to get Basil's newsletter at the opening call. You just come over to our website at TFNN, you win the newsletters, you're going to see the opening call, you can get it for $149 for one month, $6.95 for six months, which is a savings of $199 or 22%. If one full year, you can get it for $11.95, which is a savings of $593 or 33%. They all come with a 30-day money-back guarantee. Basil has approximately 11 to 12 archives out there that you can go over so you'll understand in a monster way how to ride the Chapman wave. There's nothing like it, folks. Basil Chapman, what's going on? Hi, Tom. It's so good to hear you growling again. I know. Me too, man. Let me tell you. It's been a long three or four weeks, man. Definitely. Yeah. Well, that's it. We're back. Congratulations. That's wonderful. Yeah. Congratulations, Basil. What are we looking at? All right. There are a lot of things going on, but most important, what I've been emphasizing for the last couple of weeks is I don't ever recall seeing so many round numbers at highs in recent stocks that have been performing very well. And that usually is a tip of me that fund managers are either saying, I've just got to get out. This is fantastic. Maybe I've done well and I've got to get out and they just put in a cell at a particular round number and get out. Or it's people saying, I've missed the whole move. I've got to get in. But it tells me that something is different. For instance, Eli Lilly comes out. I did this during my show today and I just did it because I said, oh, that's right. Eli Lilly's coming out with earnings that I just did something wrong. Oh, don't tell me I did that. Really did it all go. There it is. Okay, got it. Eli Lilly and Eli Lilly's so this LLY and here it is. And look what happens. It opens. So he's toodling along in the 680 area. Today it opens at a round number 742.00. That was the high to the penny. Yeah. And it's trading at 697. Down nine. That is a 50, almost a 50 point decline in one day. And it's earnings that's got everything well, could be sell the news. But it's the fact that it did an all time high to this round number. And I mean, I've been getting through NVIDIA NVIDIA had a whole bunch of round numbers 666 a couple of days ago than a spikes in all time high to date. Went to an all time high of 697.54. It's trading at 683. And it's got 666 round number 663 round number. Today's low was a round number. And this is at all time high. So something's going on that just says to me, be a little careful. And because of that, we've just for the first time in a while, we've started to put on some shorts. And the positions, the long positions we have for subscribers to the opening call, we're still long the dollar. We're still long some small caps that are actually under the radar. And some of them are actually at weekly highs as we speak right now. So it's not sort of blanket. Be very careful what it is that's saying something's going on. And I have to respect it. For instance, something that reason why I couldn't go completely to the short side is because the down made a peak C in the Chapman methodology, you know, we're always looking for that D, the fourth highest peak. That's where other things can happen. And to make an all time high and then fail at a C, that's really unusual. I could get some kind of a double top. That would be fine. So I suspect that there's a little bit of residual strength. And you can see even today that there's up 63. It's trying its best to get back towards that all time high in the 38700. But I am looking at this as it's time for a consolidation. That's number one. Number two is I've got all those round numbers, especially in very important stocks. I mean, I've listed about 20 or 30 of them over the last week. And it's amazing how that's happened. But look at this, 14 weeks since weekly chart of the Dow to the upside. You would just expect time alone says that this would be time for some kind of a consolidation. Now, the chart doesn't know it. It's just a chart. But looking at it visually, you can see the stochastic is flat at 97. That's a good sign. The MACD is good. The nine period is over the 14. So I'm expecting just some kind of a consolidation, a breather. And we'll see how deep it is, depending on whether or not the green nine period moving average in the weekly chart, in the daily charts, starts to turn pink by going underneath the black 14 period moving averages. So overall, somewhat, we're looking at this saying extended. Not everything's extended, as I say, and under the radar sectors that we are holding in long positions so far, holding very nicely. I'm concerned because the IAI, which is the broker dealer ETF, is just kind of stuck. At this point, if the market's going to all-time highs, I would anticipate seeing the iShares broker dealer had a high of 116 in November of 2021. And here it is 105. It's not that far away, but it's actually looking quite weak and very short-term basis. So that's what I'm saying, that not everything is in sync. And my assessment is that we're in this February consolidation phase, we've made new highs, it's starting to become more difficult and more selective. But there are other areas that are starting to improve slowly. And that, I think, is very important. Yeah, it's going to get interesting here. There's no doubt. We've been on quite a run, Basil. And there's no doubt where it's hitting the beginning of February, before we know it, we're going to be right along coming into the spring. So we'll see where this market wants to go, man. And I just wanted to show you, I mean, Toll Brothers, it's done extremely well. And yet it had 99 and 100 right at all-time highs. This hit 105.91 on the 15th of November. And here it is at 98. So you can see that, to me, this is just saying that there's some kind of distribution going on. How it impacts the market over the next week or two is going to be very important. Right. And you've seen this because of the number of high volume, no, of round number highs. And also the little tiny doji candles at the high. So many, when you have these huge candles are upside, then all of a sudden you slow the momentum down and you get these tiny, look, even here, Toll Brothers, look at this, four, the tiniest movement of all, like four points or three points in a session off to such huge moves. And now it's starting to pull back. So I'm just saying, it's time to be a bit cautious and be very selective. And folks, it's very easy to get Baszler's newsletter. Come over to our website at TFNN. You're going to go into newsletters. You're going to see it on the left-hand side, the second one down. Hit that button. You are off to the races. Baszler, you have a great one, a safe one. And of course, we look forward to the program tomorrow morning. Thank you very much. Thanks. Stay right there, folks. We're coming right back. We have the Dow Industrial's right now trading up 56. NASDAQ's down nine, SAP's are up five. Bottom line, it's all about this dollar and bonds, folks. OK. You know, you got a small turn on the dollar. And the bonds, not the small turn, though, on the bonds, that's the textbook case. Stay right there, folks. Come back with us to Tim Wood. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know, and you'll get a full refund within 30 days of signing up. tfnn.com. Educating investors. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. 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