 The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Phil in Puerto Rico. Hey, Phil, what's going on? Hey, Tom, doing great. Just wanted to thank you guys and the whole crew, the best content on the Internet. Really appreciate everything you guys are doing. We appreciate you growling a problem with us out here. Phil, how did you find us? I just typed in live training in YouTube one morning. Cool. I was looking for any type of live training room you guys came up and the kind of quality when I see it. At least I like to think so. And I mean, you guys are just a dream. I appreciate everything you guys do. Welcome to the Tiger family. We appreciate you growling a problem with us. My pleasure. Now, Tom O'Brien. Well, welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the Internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever. You focus on growth so everyone's having a great day, safe day. It's making a great week, folks. To master love, you have to practice love. The eye of relationship is the whole mastery. And the only way to reach mastery is with practice. To master a relationship is therefore about action, not about attaining knowledge. Mugged wise, let's take a look at it out here. We have it out. Industrial's down 530. Nasdaq's off 241. S&P's off 82. Gold. Gold contract up 7 bucks straight in 1838. We've got silver down 47 cents, $23.85 an ounce. Light suede crude up 227. 82.98. Notes and bonds. The 10-year notes up 5 ticks, trade in 128.15. 30 a bond down 4 at 155.25 and King dollar. King dollar's up 286.6, trade in 95.9.28. Yours at 131. Yen is at 113. The British pound's at 134. The one U.S. dollar. You know if it doesn't matter what market you look at folks. The bottom line, what we had out here today is this. The S&P had already done a 1 to 1.618 on the way down. Ended up doing a 1 to 2 ABC structure down. Waiting for the Nasdaq. The Nasdaq did a 1 to 1.618. Bottom line, you get the bells. We'll see where this baby ends up going. Let's get over to our man, Mr. Dave Mazder, as we do each and every other Monday at the first segment. Dave is the head of product and a managing director at Direction.com. Direction shares and this couldn't be a better time to look and having a two-way market folks. It's hard to even comprehend that actually the small caps are up. The IWM rejected 191. It's trading 198. Dave Mazder, welcome back. Hey, happy to be back. Yeah, what a day to be back. It's a beautiful thing, man. So, you know, when you look at Direction, the bottom line, you guys have been in the cutting edge for a long period of time. It's been a long time since we've had markets that go down. It's pretty interesting here, you know, no doubt that we've had the volatility. So let's talk about, you know, I think we should talk about some of the bear funds. I mean, I'm looking for a bounce now, but the reality is that, you know, when you get a good downdraft like this, it doesn't get over in a day. Let's put it that way. The tops and bottoms are processes, right? Not points in time, which I know you and your viewers know well. What I want to note is to your point on the bear funds. It's a fun we don't talk about very much. It's the ticker is SPDN. This is an inverse one times. So it's not a double or triple. Which is great. Yes. It saw the largest ever inflows and its highest ever trading volume in its history on Friday. Today again, it has had off the charts volume compared to its history. So obviously that means people are coming in looking for hedges. Yes. What I find notable there is that it's not necessarily people looking at SPXS, which is the triple bear fund. Certainly had a lot of volume. That's a much larger fund. But people looking for that hedge just on the one time side. That was notable. But on the flip side, and now I'm going to switch gears and talk about bull fund for a second. SoxL, which we talk about all the time. Last week, last week, saw its highest ever weekly inflows. That to me was a bit shocking. So I think the bulls are not going to go down with a real fight here, especially when thinking about this rotation away from the tech into the value space. But certainly today, red on the screen nearly everywhere, small caps to your point are trying to make a bit of a rally here. This is pretty cool, Dave. I love having you on. But that information there in general, being a contrarian, it's great information, man. That's the bottom line. You know what's really interesting, too, is that a lot of the tag is out here. I'm telling you, man, you got to love markers. I'm getting text in here that how much we had trade has evidently come into the LABU, the biotech bull, which has been down on a big basis, but evidently they're very happy right now because they just caught it as they get out of 15 bucks. I mean, it's down from 66, but the bottom line is that, you know, this is when, if they understand what your funds are all about, it's really cool, man, that we know that when you have very large moves like this, folks, okay? You know, you have to have been in a couple cycles, too. That's the reality. Do you know what I mean? These guys that, so don't, if you're new to this market, don't go into the LABU, I'm not saying that just as, we had a trading room, folks, and they're pretty sophisticated. That's the bottom line. But isn't that cool, Dave? I saw it coming across, and so I was like, okay, and they actually know fundamentally a lot of those stocks, too. Do you know what I mean? So I was like, okay, you know, that at one time, you can only go so low. That's the reality. Yeah, and biotech's been a space, it was just really hammered last year, other than maybe, you know, a few of the modernities of the world and BioNTech would have you, but really, space has been our favor. We certainly saw LabD, which is the bear fund, you know, be used, and people are looking to maybe play that bounce back. The other couple other funds I'll note that had seen some uptick in volume are the pair WebL and WebS. Okay. This is the Internet Composite. It's Dow Jones Internet Composite Index, excuse me. It's a bit of an old school index, right? It was created in the late 90s for, quote, unquote, the internet, but a lot of the names in here are many of your fang names, plus your sales forces, some of the cloud names. Just a space that's got them beaten up really hard, some of the first to perform poorly in this, but both the bull and the bear there have seen an uptick in activity, and we're seeing inflows actually onto the bear side of that fund today. So to your point, the beginning of this chat, it's really a two-way market here, and I think traders in particular should be able to keep that head on a swivel here because there's going to be opportunities. To me, you know, this isn't an idea where let's just go to cash and see what happens. We have the products, and again, for people with the know-haul and the ability to monitor their portfolios on a daily basis to take advantage of these opportunities, you know, in areas that either have been on a favor or simply to take the inverse side of what had been working. And, you know, as Dave's speaking, folks, okay, particularly the internet fund we were just talking about, you know, you always got to remember that you are waiting for a pullback. I know it's very hard to step in front of anything, but just do your homework, go through, go over to our website at TFNN, hit the direction banner. We haven't had a real pullback since 2006. Dave, his team has a lot more ETFs now that, number one, you could stay in a position, you could hedge it just as the first S&P and no tax implications. You know, there's a lot of things you could do. So please come over here, do some studying. It's well worth it. Dave, this is awesome, man. One more question. You know, on the front page, you still put on the front page the biggest ins and biggest outs, right? We do, yes. Take a look at that. Which is huge, no, totally. Thanks so much, man. Have a great one. Have a safe one. Not soon. Thank you. Stay right there, folks. Come right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, educating investors. What's separating you from the most successful men and women on Wall Street? That's right. Information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market-profile-based scanner. 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Watch online at tfnn.com or on TFNN's YouTube channel and become the investor you were born to be TFNN Educating Investors. Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Welcome back folks to Dow. Dow Industries right now, down 409, you get the NASDAQ 18, down 139, SAPs are off 56. It's hard to believe, I'll tell you, it's wild that the small caps went positive first folks, okay? We're gonna get a heck of a bounce here. You know, we should. I mean, you know, the IWM is down from 244, hit a low today at 191. Now, let's go over, I'm gonna go over the S&P and the NASDAQ. The time in the trade basically exercised, okay? So, this is what should shake out, though. So, if we take a look at the SPI first, what you have is this. The SPI did just over a one to two ABC structure on the way down at 420, okay? When you've heard me already, if you believe in Fibonacci expansion contraction theory, the way that it works, anything over a one to 1.618 ABC structure down or up is an immediate change of trend. And I've been doing this long enough that, and I've stepped in plenty of times that you think the end of the world is gonna be here, and guess what, somehow it just happens. Now, it happened today, it doesn't necessarily have to happen within that day, but I can tell you that most times, no, every time, I've done it at least five or six times, it's done it within 24 hours. That's the reality, okay? So, now what you did is this. Okay, so now we came down hard. What I expect you're gonna see now is that you're gonna get a bounce. Now, the way this works is that the S&P, first off, well, let's do it this way, you can just take the lows, we're at 430, and you probably get a bounce to 450. That's one way of looking at it. Another way you can go like this, you can turn around and you can say, okay, give me, tell me what the last leg is. And this is where, what happens in fast markets, folks, is that Fibonacci sequence, for some reason, works like just unbelievable. I mean, when there are fast markets, it works just in an unbelievable way. So, when I say that, you know, I'm looking at 450, well, check this out. A 50% retracement gets you 447. Now, I expect what we're gonna see is this, is that as we go to that 457, you are gonna see another contraction of volume all the way up. If that's what we get, you gotta protect yourself, you gotta hold all the wax, because the larger picture here, we're not done. This is just the beginning. You don't get volatility like this and it doesn't just go away. You're talking about a two or three month deal here. So, first leg, I'm figuring you got 460. You get 30 S&P points on the way up, right? We don't go look at the NVX100, the three cues. You take a look at the three cues, three cues did, okay, so it's pretty clear. What was interesting this morning is that as the S&P had done the one to two, what had happened is that the N cues hadn't finished a one to one point six, one eight. So, for all you bulls out here, it's great that it did. That's the bottom line. I know it sounds insane, okay, but it's great that it did. Okay? The reason being is if you want a real bounce, that's how it works. So, what happened here, the N cues, that ABC down was 13,750. We went to 706. Spike down, and that's what you need. And what you'll also need, you'll watch this. This is really cool. So, if you're watching Tiger TV, and you're watching the futures, do you see how the last real selling, you know, down to the very bottom, see how those buyers are so small? They kept selling down, but the amount of selling wasn't a monster. The monster is when we were at 14,032. So, that thing actually went down almost, yeah, almost another 290 points, not with a huge amount of volume. That's what you like to see. And bottom line is that the NASDAQ itself, the NASDAQ dip, we're going to have a flat market coming into the clothes and blow everyone's mind. That's how these things work though, man. That's the bottom line. So, oh, I know. Okay, so the cues, as to where they're going to bounce, we take a look at the cues. Cues came down to 334. I expect the cues to get all the way up to 378 somehow. That's ICE. You know, I've had a lot of questions before. What's ICE? That's a breakdown. And then if we take the... What's going to get interesting about this is that if you actually take the sequence, that is saying that the cues are going to bounce like a 78% of the last leg down, which is amazing, right? That would be amazing if it happens. But as you bounce and you go up in the light of volume, that's what you're looking at. Now, let's go over and take a look at notes and bonds. We have the Fed meeting, right? And if you don't think that this spooked the Fed, let me tell you something. The Fed put is still here. And it's almost like, okay, how did this work that, you know, the Fed's ready to raise, raise, raise, raise, raise, raise. And guess what? Bottom line, all of a sudden, in January, the statistical number, folks, the market's never been down this quick in a January period. As far as you're going back, okay? So the Fed's going to know that, too. What does that set up? That sets up, you know, we look at this 10-year right now. The bottom line is that even when the market was down, 10-year couldn't hold price. It's like, okay, it looks to me like we're at 1.74, that the rate hikes in general, I never went for the aspect, you know, there are people out there saying it's going to be eight hikes in a row. It's like, what, are you crazy, man? Okay, it's not going to be six hikes, and it's not going to be eight hikes, okay? Somewhere, can they do, you know, a quarter each for four times in a row? Yeah, they can. They can even push the five. This market's too fragile. They kept it up for 12 years. They're going to have to slow it down. That's the reality. And then they're going to have to basically figure how to relate to the public. But watch how this goes. Think about this for a second. Relating to the public, relating to you and I about a flip again, do you think people are going to turn around and say, oh, no, no, no, you've got to raise the rates. You've got to raise the rates. It won't happen, folks. It's not even close. The good news is that they're going to have to go slower and they're going to have to stretch it out longer. Because what ends up happening is that people will get used to lower markets. You get a bounce going. They can take some off their portfolio. The larger problem is going to be folks, unfortunately, that haven't seen a pullback. That no doubt is a problem. Because when we get this bounce, I expect it to be going to be a good one. But then that next leg, that next leg could get nasty. So let's take a look. And we'll put this on a little longer term just because you can set these up prior to where they go, particularly on something like this. Okay, so the spy went back to May of 2021 today. We have volume. It saved itself. Yeah, we're going to have to see what kind of counter trend bounce we get. That's the bottom line. Yes, and listen, folks, inflation is not going away. We are going to have inflation here, whether it's two or three years. Katie, what I don't even understand, how can these people get on that have good education and think that it's going to change in six months? They have evidently never had a business. When prices go up, folks, okay? Prices go up. Everyone's going to say, okay, I'm going to pull my prices back 20%. It's not even close, man. We're in inflation. Stay right there. We'll come right back. You having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den trading room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows. Interact with other Tigers and Tigers' as they share trading ideas, news analysis, and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community. TFNN Educating Investors You could be making money off the stock market and if you're already making money off the stock market, you could be making a lot more. Check out TFNN and Tiger TV and get expert investing advice to give you the power to control your financial future. Go to tfnn.com and find the newsletter for you. Whether you're into trading gold, metals, futures, currencies, or options, you'll get advice and analysis to help you seriously get ahead. TFNN also features trading services with a 30-day money-back guarantee for new subscribers as well as TFNN's Tiger Den trading room, trading software, and educational webinars for all trading levels. And make sure you check out Tiger TV for free on tfnn.com or TFNN's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. eastern on market days. Stop watching on the sidelines while other people get rich and become the investor you were born to be. TFNN Educating Investors TFNN is excited about our new software charting program The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back 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 Welcome back, folks. I doubt. That one just shows right now down 413 in Aztecs off 150 S&Ps at out 61. Let's go to our man, John and Philly. John, what's going on, brother? Tom, I want a great couple of weeks to start the year. Got to love this volatility. Down and up, down and up. There's no doubt, man. It's pretty intense. Pretty intense. Tom, I wanted to do just a call and ask you a real simple question on the oil contract. Full disclosure, this morning, excuse me, this midday, just after the noon hour as the stock index futures were bottoming, I re-bought, I bought back the March crude oil contract. I had observed at that moment in time just under 82 the low of the day. It looked like it was potentially completing an exact AB equal CD dip just over the past couple of days. And as you look at things, is there anything that you're seeing that tells you oil is very unlikely to run back to the highs and make higher highs over 87? I'm just trying to protect myself by asking you that question. Now my take is going to 107. Oil. And so check this out. This is really cool, folks, what John's talking about here. So you have two different things. If we talk any type of resources, gold, oil, metals in general, right? And you can see what John was talking about, you can see market bottomed at 1210. Oil bottomed at 12. This is what normally happens with... So let's pitch this. As the broad market turns, you're going to see oil go higher again, metals go higher again, agriculture go higher again, because what happens is this, is that in inflation, as markets get hit, they will go down less, and then as soon as they turn again, they're going to go up a lot higher. So, you know, that's where my head's at with all of these resources, agricultures, you know, and I'm not there in the market, folks. In the market, my take on the market is it going to be a stair step down, but yet the resources are going to be a stair step up, and it's going to be pretty cool. I mean, you know, when I say it's pretty cool, sometimes it's just like anything else, you know, they're going to be the stronger sectors in the marketplace for, I suspect, the next couple of months. That's how I'm looking at this, John. Okay, very good, Tom. I appreciate your input. Thanks so much. Okay, man, have a great one. Have a safe one. And folks, I know that sometimes that's hard to kind of understand, but it's really not, because if you're watching markets today, I was on a TD Ameritrade this morning. So picture this. I got to pick out three long stocks this morning on TD Ameritrade in a month and a half hour. Bottom line, I did it, okay? But trying to explain that was a trip in itself. But guess what? There were about 15 to 17 stocks that looked like, you know, they all opened lower, but they looked like they were going to go higher. And, you know, I'll give them to you, because they did. I picked out Devin and he can, I don't want to listen to them. I want to listen to me, but anyway. Anyway, we did Devin Energy. So what this was, so picture, it opened at 44, 45, or down to 42, 87, but what it was doing was going right into strength. I love that, right? You know, it was still only down from two bucks, you know, so the bottom line looks to me like that wants to go to the highs. Caterpillar also opened down and Caterpillar's place, same type of setup. Caterpillar was the classic. Right back to the breakout area. I didn't think it was going to have the 5 million shares. It ended up, it's not going to have the 5 million shares. We went to 206. It opened to 211. I was on at 11 o'clock. I was trading 206 at that particular point. Bottom line, that rejected lower price. Caterpillar, when you take a look at Caterpillar on the weekly, watch this. This is strong, man. This, three weeks ago, you went higher with volume, taking out the consolidation. Last week you went higher. Now you're going to reject lower price at lighter volume. This is going back to its highs. And then the last one I did was Neumont mining. And Neumont's case, bottom line, what you have is the same type of setup. Comes back to the breakout area. You're going to have lighter volume. The breakout area had 15 million shares. You're at 6.5. Hit 61. You're at 62. This wants higher price too. So when you can find any type of strong stocks when you are down 100 and something S&P points, pay attention to it. Because those are the ones that are really going to crank. There's no doubt. We can see the S&P, it's hard to comprehend. I know it's only down 23. And guess what? There's 25 minutes left. This is going to be a monster. Because what ends up happening, unfortunately, is that there's plenty of folks that are new and the bottom line is that they'll keep selling, thinking that it's the end of the world. And guess what, folks? The world doesn't end. You've got to get that out of your head, man. That's how it goes. If you stick with expansion contraction theory, and I'd urge everyone to really look at that. Fast markets like this is much more consistent than almost anything you could find in the marketplace. That's my reality. And once you study it for a while, it may be your reality. But I can tell you, you know, on days like this, you really want to pay attention to it. Because I can show you, so watch this. Let me show you this. This was, I was looking, I know it was the Nasdaq. So the Nasdaq really gave a clue, like if it was my son Tommy, he played so much professional poker, he would say, what is it called? A tell. It's a tell. So this would happen. Inside of the Nasdaq, the Nasdaq actually gave the tell. Because first off, what it did is this. It got to the 1 to 1.618. Then what it did is that the first leg up in the Nasdaq, here, watch this. This is when I really said, okay, man, I think I'm going to be right on this call, is that what the Nasdaq did is that the first leg up, here's the first leg. The first leg up almost went to a 50% retracement of the leg down. The second leg up, you can see it right there, went right to the .618. When you can do a first leg at 50%, a second one at 618, man, you're going. You're going, you're going topside. Because that just, listen, none of us know how these numbers work. What we do know is that you need some type of a system that you can rely on. That's, you know, other than that, if you rely on the television folks, especially in markets that want to go south, it doesn't work. Because I can tell you a lot, I'm on TD Ameritrade every week. So last week I had to pick, you know, I always got to pick something up. And it's really cool. I mean, I like how this works out. But you got to remember something. So I'm telling them last week, hey man, I'm giving the longs, but this market wants to get down. I was saying that the Hughes want to go to the 350, like I've been saying here, the Hughes go to 335, 325, 334, 334. And now we're at 350 again, you know. But when you get, and patents repeat, exactly, over and over and over again. And I don't know why, and no one else knows why either. But when you're trading, if you can get confident in them, what happens is this, first you have to understand the theory behind it. Then you see it enough, then you put your money on it. That's, just put small money at the beginning. I don't know, it's $100, one contract, 10 shares, just so you can see, and then you will really get to understand, you'll have a lot more confidence in yourself. Because you got to remember something, it's your money. So you're the one that has to get confident in the system you're using in order to basically either not lose money or make money. Dow Industries right now, down 158, you get the Nasdaq, down 18, unbelievable. And the S&P is off 21. Come right back. Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at TFNN.com at 727-329-8322 Call us today. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, The Technology Insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices, and stops to set for each trade. Dave delivers his weekly newsletters every Friday, with updates throughout the week. You can get The Technology Insider at TFNN.com for only $37.50. Sign up for David's newsletter, The Technology Insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today, with our 30-day money back guarantee. TFNN, educating investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run, or has run its course, trade LABU or LABD, Directions Daily S&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. I'm O'Brien. Welcome back folks to Dow. Dow is down 195. You get the NASDAQ off 39. S&P's off 28. Let's go to Bob in South Carolina. Hey Bob, what's going on? How are you doing Tom? I'm doing great, man. You're self? Doesn't get any better than this. That's a beautiful thing. Ah, Amat, I was wondering what would an entry point be on that? If you're going to buy Amat, let me put this here one second. So you got a rejection of lower price on just about everything out here today. I mean, you're buying this for a trade? I'll buy it for at least six months anyway. Then you're going to wait. Because what you have, so watch this, okay? So, Amat, what Amat did here, you know, come down off the high of 1-67, hit 1-29 today. Amat more than likely is going to bounce somewhere into like 1-46, right? That being said, this market, my take on it, is not done going down. And I think Amat, you know, will be a nice buy at like 1-14 as long as it comes with lighter volume. See, 1-14 on Amat is a high volume low that has not been hit. And that would be on a longer term basis, meaning, you know, five or six months, that would be a much better situation. My take here is that all this is, this is a dead cat bounce. We're going to get a good one, okay? But then this next leg is going to be coming down and, you know, Amat, that kind of, that 1-14 sticking out like a sore thumb, man. And it hasn't been tested. Yeah. Could you ask, well, for one more time, NVIDIA, what do you think that's going? NVDA. Let's take a look at it because that, and these are the stocks you do want to be in, folks. I mean, you know, it was amazing, okay? Chips, chips bring the NDX up, they bring them down, and chips are always in a growth area. You've got to remember something. Where our 2022 bottom line is that chips are going to be running the world and they are running the world. NVIDIA do the same thing. I mean, I wouldn't bite right now. You know, you've got a nice bounce going, there's no doubt. Now the difference in NVIDIA and Amat, Amat, Bob, looks really well at its highs, meaning he has a nice, you know, volume at the highs. NVIDIA doesn't, you know, so, like with NVIDIA, I mean, I can pitch the next leg down, really bringing the NVIDIA, like, to 159. What's stopping it right now was the bar of the breakout area from June of 2021, which is 201. It hit 208. You know, so I'd be careful. But I think you're in the right sector. I can tell you, you know, and this is what the difference is. So pitch you what the difference is. And so when you look at it, something like that, folks, it gets really interesting, because it's like, okay, hold on, the same sector. Why do I think that one has much lower to go where the other one doesn't? And that means NVIDIA has much lower to go over as Amat. Fundamentally, what happens with these stocks is this. Amat gets their orders up front. So they're back-end loaded in a monster way, meaning that, Bob, if you and I open our chip plant, right, what would end up happening, Amat puts all the, well, you know, Amat puts all the equipment. We would have to come up with the billions of dollars prior to it. And we know when I had a chip plant for three years. You know what I mean? Where NVIDIA, that's just a machine, you know? So they are two different deals, but bottom line is that I just wait for the next leg down, and I suspect if I'm right in this context of how this will play out, you got about five or six weeks before you're really going to, real goodbye in general. Well, thank you very much, Tom. I appreciate it. Okay, man, you have a great one and a safe one. You as well. Thank you. Bye-bye. On the next leg down, folks, okay, what you'd be looking for is this. If the next leg down, so let's picture Amarang in the context that this will bounce and then we'll actually get to a low, a low. What would end up happening is that you know how this goes, is that, okay, you're going to look at this low inside the spy. It depends on how it comes into the low. It also depends, folks, on how we actually do the bounce. So what you'd like to see is this. If you're a bull, what you'd like to see is actually, I suspect tomorrow is going to be up like a rocket ship. And, you know, you might pull back a little Wednesday, the Fed Day, big deal. They got their hands tied. The market has tied their hands like in a big way and put a noose around their neck, actually, simultaneously in one day. Think about that. Even though we come back, they know that, oh, my God, okay, we kind of have markets going up and down by 150 to 160 S&P points per day. You know, that's not the mandate, but guess what? Bottom line, they can't have it happen. So what normally would happen, you get the balance going. You pull back. As you pull back, what you don't want to see is you don't want to see the market stall before the lows. Because if you start going sideways, you're building cars for another leg down. That's how this goes. You know, it's... So let's go take a look at some of the higher volume equities. You're going to have volume today. There's going to be a high volume low, folks. You get apples down $2. You got envidiers down $2. These are nothing. Look at Microsoft. Look at this, man. Microsoft, you talk about a bounce, man. This is something else. Microsoft traded down to $276 and it's up 20 points. That's $296. That being said, now watch this. You put this up. So you broke the swing. $280. The weekly is going to have the volume. In Microsoft's case, it really depends on how... and all these equities, it depends on how this bounce comes in. That's a reality. It's both sides of the market that you always want to look at. There's no doubt about that. This market's going to be green, man. You know what's so crazy about that, folks? I told them that on TD Ameritrade this morning, too. I'm sure that they don't know me as well as you guys know me, but I suspect they thought that was insane, too. Listen, I think it's insane when it's happening. That's the reality. But I know these numbers well enough that if you don't say it and only keep it to yourself, that doesn't make any sense either. So we'll see where this whole thing shakes up. The volume on the way up is going to be crucial to understand where we're going in the context. When I was talking with Zee... Well, this is funny. So Zee is his name in the trading room. John from Philly, folks. The cool thing is, if you are a bull in the metals in agricultural and commodities in general, you're going to see what I'm talking about. You're going to be able to take a shot and you're going to see that the broad market keeps going to a lower-low breaking swings. As that happens, when the markets go down, they take everything down. So picture the resource stocks, they'll pull back, but they'll pull back a lot less than when the turn comes. What you're going to see is this. You're going to see that the turn comes and as the turn comes, the acceleration goes up, the broad market will go up, but the resource stocks, inflated stocks, not inflated stocks, that have a correlation to inflation, are going to go up much faster. And then what we haven't had yet, which I expect we will have, is that we will see this gold and silver market take off like a rocket ship. That's the real bottom line. The argument anymore that Bitcoin is gold is down the drain. Gold is still trading where it was trading. Bitcoin went from $69,000 to... I think it's at $30,000 today? Let me see what it is. It's $36,000 now. You get volatility in Bitcoin. I'm not saying that. What I am saying, though, it's not a store of value. So it's down to $32,000 to $36,000. Stay right there folks. I'm right back. 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 on 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 4.00 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. From the moment the market opens to closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. 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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. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks. It's St. Patrick's Day, early. Bottom line, Dow Industrial is up 53. The Nasdaq is up 50. S&Ps are up 3 and a green market, folks. Small caps are up there. Now, we get a question, a couple questions. Okay. As to, do you expect markets to gap open tomorrow or be steady? This is what normally happens in a market like this, okay? So it's easier calling the market when it comes to a low like this and you get the expansion contraction. That's so dramatic, folks. When we've had a market that's down this dramatic, okay? Bottom line, yeah. Could you gap for a second? Yeah, you could. But most times what happens is this. Most times it's going to mess around here a bit. That's what kind of normally happens, okay? Because they don't make it this easy. But maybe it's not this easy. Maybe it's still plenty of people have shot. I'm not sure. But my take on it is it's normally not that easy. Like, it's not that you're going to, you know, you might gap up 20 S&P points tomorrow. It could be down 20. Is that dramatic? What you have to do, so I wouldn't be laying some money if you caught getting long here. Great, stay long, okay? Because let's talk about a two-week basis. That's a lot easier. Two-week basis? Guess what? You'll go on a lot higher. A lot higher. That's kind of how this shakes out. I would love to. Listen, every day now I will dig into, you know, a couple of chapters of time in the trade. So, because these are the markets. When you get fast markets, man, that's when these markets are really cool. And what happens also is that that's when you also know the price projections of the markets. Knowing the price projections, now this speculation, but you want to speculate where you think it's going to go because what ends up happening is that if you've done the homework prior to it, it either going to go or not go. And so what happens there is that it doesn't go good. You flip the whole thing around. And then the price and volume inside markets, folks, is pretty consistent, you know? And yes, we've gone up for a long period of time without volume, but there's enough targets and targets around, trust me. Your next couple of years, time in the trade, price and volume, you better pay attention to it. The froth is gone, man. You know, the retail trade, throwing all the money and making a fortune, unfortunately it's gone. You have to know something. Have a great night, have a safe night, come back and visit Tommy tomorrow morning, kicks us off at 9 o'clock. Oh, yeah, folks.