 The following is a presentation of TFNN, the morning market kickoff with your host Tommy O'Brien. Good Friday morning everybody. I'm Tommy O'Brien, coming to you live from TFNN, a little bit stuffed up still dealing with a little bit of a cold. I feel pretty good, but it sounds like I'm a little stuffed up. I'll probably get over it this weekend, get a little rest, get a little hot tea in me. But we get the markets picking things up in red territory with the S&Ps off by 10 points, quite the close of yesterday. We were on the air early yesterday talking about maybe a red market that carried until about 30 minutes before the close when you have the S&Ps trade up 25, almost 30 points. Really 30 points from 320 Eastern time, you're trading at 45.50 and we made it to within a half a point of a 30 point run. You make it to a higher price of 45.85 overnight, we're backing off a bit right now at 45.66 as we kick off December trading, quite the month of November and quite the little acceleration to path that monthly number. I mean you're talking about what, two thirds of a percent it added in the last 30 to 40 minutes of trading for the month as we come into now the final month of the trading year. More implications of course of how we end this year, tax loss, gains would be, are you going to lock in anything, are you going to wait until January 1st to try and defer some of those capital gains taxes? We'll see how this month plays out. Nonetheless, we got markets in red, NASDAQ 100 didn't quite get the full pullback back as the S&P did, right? We looked at the S&P, it got the entire move from where we were at 8.30 in the morning to all the way at the lows to the end of the day, NASDAQ 100, not so much the case. Now we have rising yield, so that probably impacting the NASDAQ 100 a little bit more. I apologize, I feel so stuffed up, that I'm so stuffed up, but I feel pretty good just getting over a little bit of a stuffed up cold. The Dow right now, negative by 24 points, we're above 36,100, we back off to just under 36,000, and we got the Russell, negative by four, boy the Russell volatility especially on Wednesday, right? You had almost a 2% acceleration up and down. Crude, sitting at about 76 bucks, Crude drops from almost 80 down to almost 75. Yesterday, you're talking about more than a $4 move to the downside. You have the gold contract down about $1, that's 2055 right now, gold holding up pretty well, right? You're chopping around basically between about 2050 and the 2070 area for gold. All-time high is 2089, I believe. There's 2085 earlier this year, no that's it, 2085 is the number I have for an all-time high on the gold futures, not sure if that deviates at all when you're talking about the futures and the rolling of contracts, et cetera. All right, we got to talk about yields, pretty flat number right now. We're back to a 10-minute chart, quite the acceleration carrying through this week, right? You're talking about almost 2.5 points higher from 108.06 last Friday to 110.15. But yesterday on that inflation number, man, we had quite a little pullback with yields popping a bit. And then you're right now at 4.34%. You were as high as 110 coming into that number. So we've pulled back about half a point. I think my volume's working, Johnny, hopefully. Maybe you guys can let me know. Is my voice working? Are my nostrils working? That's a better question in terms of being a little stuffed up. But yes, market's picking things up in red territory this morning as we kick things off and we'll see where we go. As we kick off the beginning of December trading. All right, jumping around to what we got going on. Let's talk a little Elon. It couldn't be a program without talking about the main Elon Musk. We pull up Tesla today. So Tesla unveils their Cybertruck. They sell the first Cybertruck, $61,000, man. Elon just gets to talk about anything. And we all know prices have risen dramatically since this was talked about. But I think it was in 2019. Yeah, 2019, I think they got a picture of him with a price of about $39,000 under $40,000 from what they were going to push it out at. Well, you're talking about $61,000. And you're talking about that they have a million people that have signed up for this thing. You're not going to be getting your car for three or four years. Real production starting maybe 2025 as they're pushing out vehicles. It's got some specs. That's for sure. They can tow over 11,000 pounds. And boy, these electric vehicles, when they get going, man, zero to 60 in 2.6 seconds. Is it aluminum they're made out of? I was reading something last night, and I think they're made out of aluminum. And one of the problems is they're not a little to mold the aluminum as they thought they may want to. Yeah, $39,000. Now, it's $100 refundable reservation. Customers must now put down $250,000 to move ahead with the Cybertruck order. It's amazing the type of money that he gets, right? Think about it. Even a million people putting down $100 is $100 million that he just got loaned. And they might not get their car in four or five years. Amazing how he used that in some of the toughest times for their cash crunch. Don't look to the Cybertruck to really deliver on their numbers. You got Tesla down $7 today. You talk about their freight services, stuff like that. You talk about mass produce in the Model 3 or something like that. I wonder how many people are going to be interested in that truck over the million that already signed up to buy one that they're going to take like four or five years to push out. Right? Something to consider. Nonetheless, he makes some headlines as usual. Yeah, pretty remarkable. Let's jump around to some of the fag stocks as we get the Nasdaq 100 down $53 right now. Nasdaq 100, excuse me, Apple, just remarkable, these companies, Apple got it all back yesterday. Nasdaq 100 didn't, but Apple did. They give up some of that. We're negative by only 30 pennies right now on Apple shares, Microsoft, basically flat. They make it all-time high this week to $385.40 right there. Let's jump to Amazon shares. Down a bit, $145.82. We jump over to Nvidia shares. They had quite a fall off for Nvidia yesterday. They got nothing back, right? So interesting how there's such a divergence here. You see the S&P got the whole move back. Apple got the whole move back yesterday. Nvidia got none of the move back yesterday. So there is a little bit of a rotation here in terms of when that buying came into the market. Check out how none of it came into Nvidia. Okay? It's a little bit of a wake up potentially for Nvidia shares. I mean, look at the acceleration you had on Apple coming into the end of the day. Apple traded up $2. That's $32 billion in market cap that Apple added from the lows and Nvidia couldn't even get a bit. We jump over to Netflix shares. Netflix down a bit. Yeah, they couldn't get anything back either. So interesting how this is going. At Disney, they got their own woes going on. Look at the volatility on Disney, right? We jump over to Warner Brothers Discovery. You know, I saw some great sales over Black Friday for HBO and what I found interesting was is that there was now I subscribed to a year of HBO Max, signed up for some type of promotion at one point in the last couple of years. I think it got me like six months of the special rate and then it renewed at the yearly rate after that. And it might be as high as something like $179 for the entire year. Might be it's expensive service for sure, especially paying up for it for the year. What I found interesting was what they were pushing on Black Friday was $2.99 a month. Six months. And I said to myself, because I've done this before, folks, you see some of those specials, you can literally go out, cancel your membership and sign back up with the promotional rate, okay? I said, oh man, maybe I should do this. Maybe I should go cancel my yearly. I'll get a prorated refund and I'll sign back up at the promotional rate. Then I realized that they were pushing the service with ads. I already paid for it. I'll just keep it with no ads. I think you're going to see those numbers really rise with the amount of people that they bring onto those platforms with ads. We already see it with Netflix. You're going to see it with Disney and you're going to see it with Warner Brothers Discovery with HBO. Because that was a heck of a special. For those that don't have HBO, three bucks a month for six months, I can do some ads. So keep your eye on Warner Brothers Discovery. Stay tuned, folks. We'll be back. S&P is negative by 11. If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN, educating investors. Everything in the universe is governed by the Fibonacci sequence. 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TFNN has launched the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years, with live programming hosted by a variety of professional traders during market hours, the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Folks, I'm having a little hot tea, a little lemon and ginger tea with no caffeine. I have a little bit of a coffee to kick things off, and I'm a big coffee fan, but when you're feeling like this, you've got a little bit of tea. I put a little bit of honey in there, a little bit of lemon as well. It's pretty good stuff. I'm going to enjoy that as well, and hopefully it helps me out throughout the hour. But I appreciate you tuning in. We get the S&Ps down by 12. We kick off December trading. And the headlines this morning, yeah, not good, but in the same step, unfortunately, not too surprising. Israel says that Hamas is violating the terms of the ceasefire, and the truce lapses. Now that is from Bloomberg. Yeah, and if you jump over to the front page of the journal, you're talking about fighting resumes in Gaza as weak-long ceasefire stalls. It's a sad state of affairs for humanity, no matter what, but not surprising. Considering how do you have really a ceasefire with Hamas, what goes on, what goes on. So we'll see how that plays out. Hopefully it doesn't escalate for humanity, hopefully it doesn't escalate into anything further in terms of bringing in partners there, which could even for the markets really throw things in a little bit of a wrench, but we'll see where that goes. All right. What else we got going on? Let's talk a little bit of weight loss. Pfizer. Now it seems like the news just keeps on coming with these weight loss drugs, right? So Pfizer's going to discontinue their twice daily weight loss pill due to high rates of adverse side effects. Now, I've said it before, folks, and there's probably ways to help start somebody off on the journey, and I am not a doctor, but it's very difficult for me to understand how a drug is going to cause the body to eat less without causing some potential side effects, because we already have that drug actually. We have stimulants, man. You do a bunch of Ritalin or Adderall or whatever about the drugs, right? You don't get hungry. It's just difficult to understand how something as simple as you got to eat healthier, move a little bit more. Now, people who are dealing with diabetes, all that stuff, it makes sense. Maybe you get a kickstart or something, but the Holy Grail, it's just very difficult to understand. Listen, technology is amazing, and technology in biotechnology and all that stuff is pretty amazing. But yeah, it seems like we've been down this road before, and very difficult to understand how there's going to be some type of Holy Grail. When the real Holy Grail is, it's not easy, man. Everything's a sacrifice in terms of, do you want to make that sacrifice now by eating a little bit healthier or make that sacrifice later, by dealing with consequences, and we all deal with it? But I would not be trying to rely on drugs for perpetuity, right? And some of these drugs are saying it's a kickstart, which I think is a phenomenal idea, because momentum is everything. The first step is the hardest step in almost anything in life. It really is. Once you get going, momentum is in play. Moment is a real deal, much more so than just like objects in play in a car. So maybe that's part of it. But nonetheless, yeah, Pfizer, in its hopes to win a $10 billion slice of the Boombi weight loss drug, nope, not going to happen. Now, this market is growing. It is. That is without doubt. But be a little skeptical there. That's all I'm going to, and you see the drop-off that Pfizer has, right, of those numbers, to get to the punchline. That's a 5% drop, okay? So everyone's going for it, and they've got a couple that are going to be in play right now. And it seems like insurance companies are going to have to cover it if it's down the line, meaning that it's contributing to lower health care costs. It's contributing to lower, whether it's what, diabetes, heart issues, et cetera. But Pfizer, not so much this morning as they opened down about 5% on the open with the S&Ps off by about 11. What else? We talked a little, Elon. The war, unfortunately. What else do I got pulled up here? It'd be interesting to see. We're one week away from the jobs number. So that's going to be the focus as we come into next Friday. There's a couple of articles we can touch on. I mean, Bloomberg's got one up here talking about, of course, the Fed officials shifting the tone, but remain wary of markets' aggressive rate cuts. Very difficult to imagine that they're going to be hiking, right? So if they're nowhere near hiking, it's almost, it's a guarantee, all right? It's a guarantee in context and disclaimer, but it's a guarantee that they're going to stay the course right now because Chairman Powell has said they're not even talking about cuts, okay? Is there any chance they're going to hike? No. If they've told the public they're not even talking about cuts, then they can't cut this time. So we go down the line from there, but we got a Fed meeting coming up a week from this coming Wednesday, which so we got Friday, December 8th, non-farm payrolls, and the next Wednesday, December 13th is a Fed meeting. And yeah, it should be surprising in the recent days. The market's already priced this in, right? This is talking about the policy makers indicating in recent days that they were comfortable with keeping rates steady at their December meeting, encouraged by the downward trend in inflation and the data showing a slowing economy. Well, that's in the last couple of days, but the market already knew that because we just traded from 1.5.10 to a high of 1.10.15. And actually in the last couple of days, you got a little bit of a pullback. So the market figured this out pretty quickly with the economic data and with Chairman Powell at the last Fed meeting as well, in terms of his words, his rhetoric, everything going on, his last speech, maybe, maybe his last speech he made, what was it, the New York Economic Council or something. Nonetheless, they are reiterating that now. So that is the base case. The base case is they're done hiking. They're staying where they are. And now the only question is, when do they have to cut? And the numbers we saw yesterday are pretty encouraging. All I'll remind you is that we just had the 10-year drop by 60 to almost 70 basis points. That's three-quarter point cuts right there, right? There's already been a rapid reversal. You saw that yesterday. Pretty remarkable with the numbers that we got for the PCE deflator yesterday. You're talking about the low threes. The low threes with where the economy is, that's Goldilocks scenario. We are on our way back to a two-handle for inflation. Meanwhile, GDP's grown at like 5.7% or something bonkers for what we've been going through. There are some weakness signs. There's some consumer signs of savings, of spending that might be a little bit a week there. That's the worry as we play out. The lag as we go three to six months out. We'll see where we go from there. But surprisingly, we got that type of inflation number, the Fed's preferred inflation gauge yesterday. And what did people say? They said, I'm selling treasuries, and they sold them. So remember that. When you look for the expectations, we'll leave it at that. All right, let's jump around to some of the banks speaking of rates. JP Morgan, it's been quite a run, man. Pretty remarkable that you get this type of a run as your yields decreasing, right? Yields are going down, and JP Morgan is going up with the market, though, because the market loves it. And you just trade from $136 to $156 when you've had yields drop dramatically over that time. All the banks, Bank of America, from $24 to $30 over that time. Wells Fargo, from what, $39 to $45 over that time. Pretty remarkable runs across the board. All right, let's check out the dollar index speaking of banks. Back to a short-term timeframe on a five-minute basis. Yeah, keep your eye on this one as well, man, because the market may be digesting what happened yesterday today. May not have wanted to trade lower yesterday after such a tremendous month in November, but be careful today, folks, because I was talking about yesterday that I could feel that we might be going red, and you never know, okay? It's not like I have a, that you're sure of wherever. You can never be sure what's gonna happen, right? But all signs are pointing to the fact that the market was digesting that number yesterday. It was figuring out that the bar was pretty high, so yields were actually going up on a pretty nice number, and the market pulled back, but they weren't gonna have it to end the month, but guess what? They might do it to start December. We get S&Ps off by 11, NASDAQ 100 off by 59. We'll cover back for the market open. Stay tuned, we'll be right back. 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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 until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN, educating investors. 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. We got markets open. You got an S&P negative by 10 points, we'll call it. 45, 67, you got the NASDAQ 100 off by 66. The Dow off by seven. How about Salesforce yesterday, right? Well, you talk about strength, man. Salesforce earnings Wednesday night, you accelerate higher to the tune of about $20 plus yesterday. Talk about 8% acceleration that put a real bid in the Dow. Only 30 stocks in the Dow and the expensive stocks have the biggest impact and a stock like Salesforce that trades at 230 bucks. It's gonna have a huge impact when it trades up by 8% like that. All right, what else we got going on? Let's talk a little bit of crude oil. Got a couple of articles up here. Oh, that was not the one. Okay, well, we'll start with this tweet, which I was gonna jump to second. Not familiar with even who this is. One of my friends was Institute for Progress. This is the founder. Nonetheless, you're talking about what percentage of Americans? Great question. Are aware that we now produce nearly 50% more oil than Saudi Arabia. Is that bonkers? I mean, even being in the market, that's pretty bonkers. Now this chart here is the crude oil production as a percentage of the world total. Okay, and you see the US, you see where we were in 2017, you see where we are coming in for a forecast of 2023. Pretty remarkable. And the price of crude is showing it. And yeah, do you know, I mean, I was looking this up the other day as well. We use, check this out. The United States consumes an average of about 20 million barrels of oil a day. 20 million barrels of oil a day. And I think what are we producing right now? 13 or 14 million barrels, something like that? It might be. So, everybody gets up in arms and we're producing so much oil with climate change. And I'm all about climate change being real and protecting the earth for my son. But it's remarkable that we're using 20 million barrels a day. Did my mic cut out? Check testing? Did I lose you? No, I think I'm good. Maybe if you can let me know. Testing one two, you got me? In and out, huh? I don't know. All right, let me know if it works. It's showing it's working. Hopefully we're there. Sounds good now. Okay, nonetheless, you see the price there. Excuse me, you see the chart there? Pretty remarkable. I mean, I was wondering, ask yourselves, what do you think if you asked a hundred Americans on the street, who produces more oil right now? The United States or Saudi Arabia, I feel like only 5% of the public would know something like that just because it's such a distorted perception of what's going on. Yeah, nonetheless, crude showing that price from where we are in terms of crude sitting, and I'll pull it up in a second. I was looking, I had one more crude article up here that we were gonna talk about as a segue. All right, we'll find it. Yeah, forgive me. Is that it? Ah, here we go, perfect, I found it. So, this is talking about oil land grab continues and oxy is in talks with Crown Rock that will make a few remaining large parcels in the Permian Basin pricey. So this Permian Basin, right? How about it, just blowing up? Yeah, this Crown Rock produces nearly 150 barrels of oil equivalent a day. I mean, you start adding those up, man, and that's how the US starts getting above even Saudi Arabia, which is pretty remarkable. All right, you get the Dow climbing of positive territory, look at Salesforce, they're helping it out. Salesforce up by a buck 50, yet again, up by 6, 10th percent in a negative market right now. Let's see how the big dogs are trading. Apple, oh, Apple gives it up. Be careful, NASDAQ 100 trading a lower price. What's happening with yields right now? Yeah, we got the 10 year, sitting pretty much where we kicked off things. Let's see how the dollar's doing right now. Yeah, dollar strength. So you're getting dollar strength, you're getting higher yield, you're getting negative markets right now as you come into December trading. And boy, we got a lot of gains, right? How do you make that call in terms of, boy, we got a lot of gains this year. You're gonna risk those gains if we get a pullback, man. You're gonna risk those gains. This is a weekly. You just gained 400 plus points in the S&P from October 30th. It'd be interesting to see if we get some sellers early this month ahead of what could be a little bit of a pullback. When you're talking about an S&P that entered the year at about 3,900, so you're up 660 points. It's more than what, 16, 17% acceleration. NASDAQ 100, boy, you entered that year at like almost a cherry pick low of 11,000. You add basically 5,000 points to the index over the course of the year. Boy, you're talking about video game numbers, but a little bit of a pullback today. See who wants to press their luck for the final month of the trading year. In the den, let me know. If you're in that scenario, you think we're trading higher or we're trading lower coming into January 1st? It's an interesting conversation. When you look at the run that we've had this year, the gauge you can lock in, but maybe you wanna wait it out. Try and see if you can close things out on January 1st, right? Yeah. All right, let's jump to that crude contract. Yeah, crude, right where we kicked off the year. Pretty remarkable. Crude at $76, made it up to 90 briefly, but nothing like we saw in 2022. And yields, not a lot of people saw this one as well. We started the year at 113. We made it down to 105. It was sitting at 109 right now as we've had higher yields progress. And pretty interesting where we are in terms of right where we were about a year ago, right? November 14th, a year ago, we were sitting right at 109.26. The market was thinking the Fed would be done a little bit quicker potentially than they were. Things were a little bit persistent. We got that second acceleration with yield tire. And it looks like we've probably turned that corner, but we always get surprises and we'll see what 2024 has to hold, that's for sure. All right, we're coming into the holidays, folks, and we got a big announcement. We got a holiday tiger doll sale going on. 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We'll see if he surprises the market. I imagine, we've already heard the Fed speak out of the different governors, okay, the Fed presidents. I wouldn't expect anything too surprising. He's gonna give his view of the economy at Atlanta Friday. I imagine he's gonna be talking about that they still, it's too early to talk about cuts, right? They just started pausing pretty much. And I would imagine they're not gonna go there coming yet. We'll see though, as he gets ready to talk. And yeah, they're saying the same thing, right? I mean, this is, I'm not familiar. Matt Malley from Miller Tavik. There's little question that pretty much all the Fed speak in the past two weeks has been a bit more dovish than what we had heard earlier. So it's gonna be interesting whether Powell confirms this shift, he's not gonna go against that, man. All right. The data is lined up for it too well to go against it. You heard, was it Williams talking about that they're the most restrictive, they've been in 25 years? Okay, he's the New York Fed president. That's like second honcho in charge. And he's out there saying we're more restrictive than we've been in 25 years going back to here 1997, 98 is where they are. So at some point, excuse me, if it's that restrictive and inflation keeps coming down, they're going to need to cut in order just to not be ratcheting up how restrictive things are. And that's why the rhetoric I think has to change. And I imagine you're gonna see the chairman reiterate that. But please keep in mind that we got some amazing inflation data yesterday and yields did not pull back. They actually went up. So don't expect that somehow chairman Powell says that maybe we've reached the end of this hiking cycle. The market has figured that out in my opinion. So that's gonna be the interesting part, right? If he says something like that, does the market really react or is that already priced in? We just had the tenure, right? Drops 60 to 70 basis points over the course of five or six weeks. Well, nonetheless, we get to find out. So we'll be speaking today and then we get non-farm payrolls next Friday and we get the Fed decision itself on December 13th. All right, what else we got going on? Yeah, we talk a little bit of American spending. So Americans are finally turning frugal after splurging over the summer. We'll see. But our retailers warnings indicate consumer pullback. Labor market cooling may put more pressure on spending. Well, a Fed cut may help that, right? I don't kid, okay? U.S. personal spending cools continuing jobless claims rise. This is the change in inflation adjusted, okay? So this is inflation adjusted month over month when you're talking about personal spending. And yeah, you can see it cooling a bit, but pretty remarkable that even inflation adjusted that you're still in positive levels there. Yeah, it's not looking great is one way to put it. We're seeing a weaker consumer and that's significant. Didn't seem like a weaker consumer on Black Friday, man. Maybe there's just too big of a lag for it to eventually catch up as in people using those savings, using a little bit of credit card, making it through the tough times and keeping the economy going. Yeah, Walmart said there was a sharper fall-off in sales during the last two weeks of October. I mean, the one thing I wonder here is how and listen, they know it, right? If they're not expecting that, then that means it's not something that's seasonal. But if you're buying something at the end of October, would you think that maybe you would wait until you get some of those Black Friday sales or something like that, right? I'm always interested of who's out there buying big toys like this Tuesday, right? All the sales end. What do their numbers look like on the Tuesday after Cyber Monday? Probably pretty rough. And maybe that's where things can get, if consumers are feeling the pinch, it would make sense that they would be more aware and actually be more aware of the savings and take advantage of those, as opposed to just waiting until the end of the holiday season to do that shopping. Yeah, the continuing claims did tick up a bit. Target talked about buyers were being quote-unquote more careful, dollar tree, increasing financial stress among lower income households. That's a real deal, man. With where prices are right now, wages have not kept up for the lower end, especially in terms of where we are. And so that's gonna matter in a big way. Look at this market. So we get the S&Ps. We're coming right up to where we closed yesterday. That price level's gonna be 45, 75 in the S&Ps. Keep your eye on that number, man. 45, 75, be interesting. We get Chairman Powell talking. We get the markets basically coming back to flat territory. Dow up by 23 and Nasdaq off by 54. Let's see what's hitting. We got Amazon shares, they catch a bit, up by a half a percent. Apple is flat after a little bit of volatility. Microsoft giving up some of those gains. Check it out, Microsoft. That's not what you wanna see, man. You start seeing these super high flyers like Microsoft, like NVIDIA, okay? Apple's done tremendously well and boy, the market cap that they add to the S&P, tremendous. But they haven't had the quintuple banger that NVIDIA is in X amount of months, et cetera. Netflix has had quite a run. They're off the highs as well. Metashares off a percent today. Yeah, these super high flyers. Let's coin that term, the super high flyers, right? Facebook almost tripling in value this year. Netflix, they go from 300 to 471. Actually, not that remarkable when you compare it to the Nasdaq 100, which is bonkers in itself. But what's the Nasdaq 100 up this year? 40%, 35, somebody know the dent? It's a bonkers number. Nonetheless, Netflix out big numbers there. We talked about NVIDIA, right? What do we do? Yeah, NVIDIA, yeah, it's like a five bagger from 100 to 500. Microsoft, yeah, just staggering numbers across the board, man. And then you look at Amazon, even goes from 80 bucks to 150, almost. Yeah, it would make sense. They got to base out a bit, right? A little bit of consolidation, something. When you go from 100 to 500, let's check in on yields again, so we keep our eye on it. Yeah, so I imagine they're gonna be waiting to get a little bit of clearance from Powell today as we come into Friday trading. Ooh, watch out for that dollar, man. We got dollar strength. And the market's gonna have a struggle with that, man. Dollar strength with the dollar up by 18 ticks right now. Let's see how some of the currencies are trading. Let's see. Ooh, look at that Euro job. Euro back to 108 right now. Jump over the yen. Yeah, the yen just chopping around. That's a real Euro job. Let's check out the pound. Yeah, look at that Euro compared to some of those others, man. 108.49 on the Euro with the S&Ps off by about six points right now. Yeah, this one's interesting. I was reading this one. You gotta love the headline. Wall Street takes fight over arcane banking rules to Main Street. The big banks want to convince the public that they should worry about regulations. Folks, don't worry about banking regulations, okay? Yes, we want to have a free economy, a free society, all that stuff, okay? But we just had banks with balances of quarter trillion dollars being insolvent because of the rules they put in place. There's no reason banks of that size can't end this. We're gonna talk about this in all banks. Have 250 million dollars in assets, et cetera. The Gold Report. 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When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. 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. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. 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. Folks, look at the S&Ps down by five points right now. And yeah, so I believe we got Chairman Powell coming up at 11 a.m. Eastern time. I was trying to find that exact time. I think it's 11 o'clock. If somebody else has any differently, please let us know when the tiger's done. But I believe he will be speaking. And it may be back-to-back discussions. I was trying to get that. If anybody has it, let's see. Yeah, he's got a double-bagger. Next, he's got Jerome Powell at 11 a.m. and Jerome Powell at 2 p.m. And with that, we also got Austin Gulsby. He'll be talking at 10 o'clock. And Lisa Cook, she'll be talking at 2 o'clock. So Chairman Powell, 11 o'clock is the first time he's gonna get a chance to put those words out there. It'd be interesting to see what he has to say. To say the least, right? And yeah, on that schedule too. Yeah, it's interesting, you know, going back to some of the FedSpeak this week, and we got like one minute to finish up the program. But this is the stuff that raises some eyebrows when you talk about Richmond Fed President Thomas Barkin said he's not ready to commit to a particular policy path with so much uncertainty in the air. Now, this is from Wednesday, yeah, Wednesday, when he was making his remarks, okay? Bostick also was talking Wednesday, saying that an essay that he sees economic growth slowing substantially and believes inflation will come down further as well. They are at a restrictive policy rate. You do not need the data to continue to come down to have to cut more. That's the disingenuous part of some of these arguments, I think, out there, where they're trying to be as hawkish as you can be to make sure that things stay restrictive. And yes, there's uncertainty in the air, okay? But it doesn't have to continue to ease. If it just stays where it is for right now for a period of time, they'll probably have to cut because it's restrictive enough that that will cause it by itself. So anyway, for what it's worth. Chairman Powell, coming up at 11 o'clock, we got an hour, we got the S&Ps sitting right now by negative five points. Nasdaq 100 off by 58. The Dow up by 43 points and we check on yields as we end the program. Yeah, and we're pushing a little bit of highs. You know what? We'll check in on the dollar as we end the program. DXY, yeah, watch out, man. This market holding up well so far, but we have higher yield right now and we have a dollar strength and we have market weakness. Folks, thanks so much. Have a great weekend, a safe weekend. Gazzle's coming up right now at 10 o'clock. We got live programming, folks. Don't forget about the Tiger Dolls.