 T.F.N.N. The Tiger. Financial News Network. T.F.N.N. Headline News Update. Hi everyone, Basel Trapper here on this Wednesday the 18th of May. Thank you Tommy O'Brien for that market kickoff great show starting off at 9 o'clock here at T.F.N.N. We go all the way through to 4 o'clock. We're looking at the Dow down 471 points at $32,182. Yesterday was a really good day. Stop dead right at the 14-period moving average. This morning it opens at the 9 o'clock and then goes low. This is going to be tough. This is the 4 to 5 sessions after a low that was made on the 12th of May, $31,228. This is really important. Can the market keep moving higher if you've got a target? Target retail stores down 54 points at $160. This is down 25%. That is amazing. Walmart did the same thing. Walmart down very sharply. Walmart is down 4% off the yesterday's big move down. So it's gone from 160 to 26 of April to 125 this morning. That's really tough but there are areas that are pockets of strength. So let's just go through them. We're looking at the S&P down 67 at $4,022. Stolen nicely off the low of $38,588. We'll see how we close today. Can we find some strength that should at least ameliorate some of this tremendous selling pressure that we've got due to some of these retail stocks tanking. The QQQ is down $5.5 at $300.58. Also, not too bad when you're looking at the overall picture. Looking at the IWM. IWM is trading now down 179. Actually holding the nine-period moving average. The indices themselves are showing some resilience to the days young. We'll see what happens in a few hours time. Gold is down at 10 at $1808. That's interesting because the dollar found some support right on the 40-period moving average. It's up 17 ticks at 103.52. If it's able to get back to 104.30, that's very good. For drops below 102.20, that's not very good. We're looking at crude oil. Crude oil is still showing strength. It's turned around now. It's up 20 cents at 109.80. But it's holding very nicely in the TLT. Oh, those bonds. The bonds are giving up just a fraction at 150.25 up 79 cents. I'll be right back for the Tiger Technicians. I'll check out more people on my debt views later. Hope to see you in a few minutes. Otherwise, have a great day.