 The following is a presentation of TFNN. The Morning Markets Kickoff with your host, Tommy O'Brien. Good Monday morning everybody. I'm Tommy O'Brien, coming to you live from TFNN. Just after 9 a.m. Eastern time, appreciate you tuning in to kick off the trading week right here at TFNN. And where do we start things off? Surprise, surprise, positive territory. Green across the board. We got a big week. We got GDP numbers for the fourth quarter on Thursday. Okay, GDP on Thursday. We got earnings throughout the week as well. We got some big companies. Netflix won. We'll jump over to that in a moment. But as we kick things off, let's check out markets in positive territory to begin the trading week. We got the S&Ps right now. Up by 14 points, trading at 48.83. NASDAQ 100. You're positive by about 79 points. That's about half a percent in the positive. Tech stocks leading the way. Dow up about 112. That's three-tenths percent. We got 38,163. Quite a price tag, man, in the Dow and the S&P across the board. Russell right now has been the laggard. Russell, up by eight-tenths percent. Volatility always the case. Russell, up by 16 points or eight-tenths percent at 1970. You jump over to Bitcoin. The slide continues. We almost got a 39,000-handled Bitcoin, trading down $750 at 40,810. Crew this morning, 73.61. I tell you the price of the gas pumps, man. Have you been noticing it? It feels like even with crude sitting where it is, gas just getting cheaper and cheaper as I keep filling up. Gold contract, off by $6 this morning, trading at 2,032. Excuse me, 2,023. We were just up at 2,032 almost within the last hour at about 7.45 a.m. this morning. We're trading right now at 2,023. And you jump to notes and bonds. And what do we got? We got a little bit of higher price and lower yield, a little bit of a reverberation of what was going on last week. We got the 10-year sitting at 4.09% right now, up by 11 ticks at 111.15. You got the 30-year. Up 29 ticks at 120.29. We jump over to the dollar index. As we got a little bit of lower yield, we have a little bit of a weaker dollar. You're off by about 5 pennies at 103.23. Right now we jump over to the VIX. Last week we saw a VIX spiked to 15.40 on Wednesday. We've paired those gains to 13.56. And yeah, you should expect the VIX will pair those gains, man. You've traded from 15.40 to 13.56 in that same period of time. You've had the S&P's trade up 143 points, 140 points about that from 47.46, 48.84. Market going to open at all-time highs this morning. And as I mentioned, it's an interesting week. We get some economic data later in the week. GDP and important one on Thursday. We got earnings throughout the week as well. But as we kick things off, let's jump around and see what we got going on. And we'll kick things off with... Where are we going to kick it off with? Yeah, we could talk a little bit of China. That's one of the stories we're going to talk about here. We could talk a little bit of gas stations. But how about we talk a little bit of Treasuries? Yields in focus. Okay, we got the Fed coming up next Wednesday. Is there a meeting? It comes at you quick, right? We get GDP on Thursday. We get the Fed a week from Wednesday. That's January 31st. And then before you know it, we get to do it all over again. Because then we're going to start getting the January data as well. We'll see where it goes. But as I mentioned, we also have a big week of earnings this week, which we'll jump through as well. Most notably, we have Netflix out on Tuesday. A couple of the other ones out there. You've got Texas Instruments on Tuesday, Lockheed Martin, Johnson & Johnson. On Wednesday, you're going to get AT&T. You're going to get IBM, Las Vegas Sands, and Tesla on Wednesday. And on Thursday, you get Intel. One of the notable companies out there. You also get some airline companies. You got Comcast. You got Visa. You got T-Mobile as well. And then American Express and Colgate Palm Olive on Friday, among many others coming out this week as well. So we focus on yields. Morgan Stanley, JP Morgan, by the dip is what they're talking about. Well, that's the case this morning, man. We were talking about it a little bit last week too when you tied into gold, right? Be aware of the dip, folks, because I would say, and we're getting quite a break today, this is the 10-year. We put it back on a daily. We've had quite a pullback here from a high of 113.12, made on December 27th, and you're trading right now at about 111.16. So you pull back two full points is where we're at. And yeah, I would say those tides are going to change eventually. Things have been paired. We have the expectation right now for a March cut at about 50%. Now, that was as high as 80%, only the last week or two. So market pairing the expectations for a cut. We're at about half a 50-50 shot right now as the market. I think that's going to be a tall order, man, in terms of Russian things. March 20th is the meeting they're talking about. Yeah, and I'm just not sure if it's happening, but it is coming. And time flies as we all know, folks. And if you look where we are, okay, we've been basing for about a year and a half almost. We're approaching, right? You got down to these price levels in the middle of September of 2022 in yields, okay? Middle of September 2022. Pretty remarkable. That's where we got. That's where the market may be basing. And probably going to see some higher price lower yield as we come into the cuts that are expected. Some of that, of course, priced in, but we will find out how many we actually get this year. And we get to find out some of that next Wednesday. Interesting to see what the chairman says. I mean, you're going to get some information because you're going to get GDP this Thursday, right? And you're really going to see if they actually think that they're going to cut on March, there's going to have to be some strong rhetoric from the chairman because the last thing he wants is that to be a surprise or up in the air. And we'll see where he goes from there. But nonetheless, we got about 17 minutes to go until the opening bell, and that's what they're talking about here in the story. Morgan Stanley, J.P. Morgan by the dip. Recommend investors buy five-year U.S. Treasury notes. Five-year Treasuries sell off the most since May, was what we had last week. The scope for a rebound in Treasuries on expectations, data in the coming weeks may surprise to the downside, okay? It warned the markets are still too aggressive in the pricing for an early start to the central bank interest rate cuts. So that's what I want to get to. It's almost a double whammy there, right? Data is going to be weak and you're overpricing how many cuts you're going to get, okay? This is the dip we have been looking to buy. That's the head of global head of macro strategy of Morgan Stanley. That was out Saturday with less fiscal support and much colder weather. We see downside risk to U.S. activity data in February, yeah? Five-year U.S. yields climbed 22 basis points last week, the most since the period to May 19th and, yeah, trader slashing bets. So you're at about 40% as of Friday. I was calling it 50-50, close to 40% is what they're putting at. Odds of a March reduction tumbling to near 40%. On Friday, the market now expecting five quarter point cuts. What happened to six? We just wiped out a cut just like that. We haven't even gotten the January meeting yet. Six to seven reductions on January 7th. Seven? Who's talking about seven? All I heard was six. Treasury's instired the longer end of the curve on Monday while the front end crept lower. Yeah, so be careful here. And there's your worst weekly sell-off, 22 basis points on the five-year, right there. You got some auctions for Treasury debt. A two, a five, a seven-year notes begin tomorrow setting the stage for upward pressure on yields for those segments of the market. Well, if it's upward pressure, you're looking at lower yields. Now upward pressure, that's going to be lower price, yeah. That's a little bit of a counter argument over what they were making. Nonetheless, folks, I think yields are going down in the next six to 12 months, just a matter of how fast. We got a lot to talk about on Monday. Stay tuned. We'll be right back, folks. 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. 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October 27th is that low. We're nearing $4900 right now on the S&Ps. Dow, all-time highs. We're nearing $40,000. We're talking about $5,000 in the S&Ps. We're talking about $40,000 in the Dow, and you're potentially talking about $20,000. We got to get through $18,000 first, right? Boy, the way the NASDAQ is trading right now. We'll see how the earnings go. There are some big expectations coming into this earnings season, and we kick things off. You got Netflix, you got Tesla, you got Intel this week, and we'll see where we go from there, jumping around. Boeing. Boeing scrutiny spreads, yeah. FAA seeks checks on another 737 model. Look at the FAA being a little bit proactive. Not waiting for doors just to pop out. BA is their symbol. You catch a bounce at $200. You're up to $215. You're backing off a bit to $213.88. Yeah, not a huge reaction this morning to that news as investors are aware that they have some problems right now on Boeing shares to shake out. 505 of the 737-900ER type of planes have been delivered to airlines globally. 500, and that is what the FAA recommended that airlines inspect. And those are the models that use mid-aft plugs of the same type that failed on an Alaska Airlines flight this month. I mean, how does it take until... And this is just a little bit of vent and we'll jump around, okay? But how does it take? Was that where it happened? That was where it happened, right? Yeah, that was where it happened when the door popped out over the weekend. From Friday it was trading at $250. So what are we talking about? We're talking about two full weeks. So two full weeks go by until somebody at the FAA says, hey, why don't we check out the other planes using these same exact plugs that failed and allowed a door to pop out? Some of that stuff just... How does that happen? Right, so not surprising. There's 505 of them out there. An added level of safety what they're talking about today. The FAA said in the statement, I mean, it seems like that might be something to ensure the door is properly secured. Noted findings with the bolts. Seems like that should have been done the moment they found them. But nonetheless, Boeing, down about a buck today. Okay, where do we jump to from here? We're going to talk a little bit of China. We'll talk a little bit of EVs. We talked Boeing. That's not what I want to talk about, though. Oh, come on. Where are we? Oh, I had a good one pulled up here. All right, I can't find that article. I'll find it afterwards. Yeah, you got AMD over there, China. Oh, shame on me. Too many good stories to kick things off. Yeah, we'll talk a little bit of China as we get nine minutes to go until the opening bell. Hong Kong stocks at 36% discount. Yeah, deep Hong Kong sell-off shows global pessimism about China. Now, what's interesting here is you jump to the next story that I pulled up, right? BlackRock selling a Shanghai office tower at 30% discount, asking price below the purchase value. And yeah, we got a problem with offices, but you really got a problem with offices in China. They bought two towers for $167 million in 2018. They have a fund, and they're selling them for less money than that. Finding a buyer in China's current commercial property market may be difficult. That's probably putting it lightly. Yeah, this is for, look at the net cap rate for grade A offices in Shanghai though. The reason why the cap rate is so high is because the price you can buy them for is cheap. In Shanghai, office rents fell to the lowest in almost a decade last quarter and may decline further this year. Prime offices in Beijing and Shanghai traded at cap rates at about 5%. The highest in more than a decade arise in the cap rate, and that's the net income divided by the transaction price usually signals a decline in real estate value. So, you know, you're at a lofty level, but boy, they got some issues going on in China to put it lightly. It is remarkable how many stories you get on China sometimes, but they are a big force, and it doesn't look so good, man. Gloom over China assets is spreading beyond battered stocks. The one to remain under pressure, given poor China growth, is the headline there. Now, what's interesting is we get Bank of Japan tomorrow. We see B this week as well, okay, ahead of our FOMC meeting on next Wednesday. So, you know, keep your eye out for the Bank of Japan. We jump over to the dollar yen. Backing off a bit to 147.83 right now. We jump over to the Euro, Euro-US dollar, 108.89 right now, and we jump over to the dollar index, dollar index right now, 103.22. All right, we take a look. As I mentioned, we kick off some pretty important earnings, and we jump over to Netflix. Netflix earnings. Netflix, the market's getting ahead of it, man. On a good day for stocks, we have the S&P up about 18 points right now, and you got Netflix up about $3 as well, trading it near 487. Netflix will be out with their numbers on Tuesday, and longer term, man. I mean, check it out. Quite an acceleration. You started out last year at 283, 282. Still well off of the all-time highs of 700. Some curiosity here. Where are we sitting on a Fibonacci basis from the highs to the lows? Where are we sitting? Right at that 618. Interesting action as we're sitting at 482. The 618 is at about 496. Close to that 500 mark. A lot of expectations for Netflix as we come into their earnings on Tuesday. Some of the other equities we get to kick things off. As well, we get on Tuesday, you're talking about 3M, Halliburton, Johnson & Johnson, Lockheed, Martin, Texas Instruments, Verizon, out there as well. On Wednesday, we get AT&T. We get Freeport, Mack Moran. We get IBM, Las Vegas Sands, and Tesla. We jump over to Tesla shares. Tesla, flat. When you've got the stock market in positive territory across the board right now, Tesla shares trading at 212.70, and you see the breakaway from that channel, man. Seems like 200 is in the cards for Tesla right now. You're trading at 212.19, and they have some issues to put it lightly. Now, we segue to BYD, this company. Hearing a lot about this Chinese company, man. Article out from the journal. I was reading this last night, I think. Yeah, they say it's updated this morning. Certainly this morning I was reading that. That was up early this morning. Lamborghini-style EV. BYD goes upmarket to outmaneuver Tesla. Yeah, so they're expanding their electric vehicle lineup to more than 20 models, and it's pushed overseas and into higher price brackets. Look at that vehicle, man. That looks pretty dope. You got $150,000. It could be yours. They're releasing cars under a different brand, Yang Wang, marking a strategy shift relying on lower priced run-arounds. Now, they just eclipsed Tesla as the biggest EV company in the world, and now they're going to make a $150,000 supercar that resembles a Lamborghini and an SUV that it says can rotate 360 degrees on the spot and float in water. I saw those new Mercedes can do that. You see that commercial from Mercedes that can do 360 turns. Seems like that's the new deal on some of those premium cars. Features that turn heads in China's cutthroat car market. A passenger car market share. Look at them at BYD. They are just crushing Tesla in China, of course, but they're coming for them worldwide. They're the biggest EV maker in the world and in China. We've got a lot to talk about, folks. We'll come back for the open. Don't go away. Tygruses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. 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Stocks rally as Wall Street is set to build on a record and what they're talking about, though, is they're talking about everything. But, boy, when you talk about big tech, check out what we're looking for. These are expected fourth-quarter earnings growth by percentage, okay? This is the earnings that we're coming into fourth quarter right now. The magnificent seven, those seven equities alone are expected to have their earnings growth be 47 percent, okay? You go down the line and the only thing that comes close are communication services and utilities. Everything else is like pretty mediocre at best. Now, if you're not in the Tiger's Den, folks, I want you to head on over to the front page of TFNN. You can sign up for the Tiger's Den for a dollar. We had some great conversations going this morning and I'm going to take something our man Fletch shipped in this morning because it's pretty awesome. We got Jimmy in there talking as well, talking about, you know, people see the market numbers. They see that we're all-time highs. Maybe you're invested in indexes so you're doing okay as they're at all-time highs as well. But what you probably don't understand is that some of those equities are not doing so well if you get out of those magnificent seven. Of course, there's some doing well. This is the Russell 3,000 index, okay? The former high beginning at 2022, okay? And this represents 98 percent of an investable U.S. equity market, 3,000, okay? Talk about not the S&P 500. We're talking about the Russell 3,000, not the Russell 2,000, the Russell 3,000, okay? The high on January 4th, 2022 was 2817. This is a great graphic. Not a lot of people would be aware of this. Not sure where you got it from Fletch. Doesn't have any siting. Hopefully it's accurate. But nonetheless, check out, and this is where it's cool, where you get the average, you get the median, right? We get some big pullbacks, man. There's still some equities that have gotten clobbered since the beginning of 2022, nowhere near the highs, right? The price point, and this is an old data, in the end of 2024 was 2772. You're about at all-time highs for all-intensive purposes, okay? But look at the average performance. Now, the reason why this is a big deal is because the average performance is down 10 percent. The average performance of these 3,000 companies is down 10 percent. While the tiniest of companies is not going to have a very big impact on the index, versus the impact of a company like Apple, Microsoft, NVIDIA, the likes. The median performance, okay? And the median is if you take where is the 1,500th stock, right? Because sometimes the averages can be distorted by the biggest stocks out there, minus 17 percent. So that means that the 3,000 stocks in the Russell 3,000, half of them are down more than 17 percent, and half are on the other side of that, which just means you're positive, or down less than 17 percent to positive. Remarkable stat. When you look at it in that context, man, not too surprising. When you just take a look at the Russell 2,000, in terms of all the way up to 2460 at the end of 2021, we're trading at 1,978 right now, well off where we are on some of those other indices. So quite a different story when you add in some of those other equities to put it lightly. Right? Pretty remarkable. All right, what else have we got pulled up? We've got markets drifting higher to start things off. Tech stocks, Nasdaq 100, all-time highs, S&Ps, all-time highs. Dow Jones, all-time highs. Russell? No. Watch out for those, Russell, man. So we'll see if tech stocks can carry it, but you're talking about 47 percent is what the market is looking for, for those equities. Yeah, and we'll see where we'll go from there. All right. Only 11 percent of the S&P 500 has reported earnings so far. 85 percent of the companies in the index have beat so far. It's going to be an important week as we march forward, as I mentioned. We kick it off with Netflix tomorrow. We get Tesla. We get Intel as well. And yeah, we get Bank of Japan on Tuesday. We get the ECB on Thursday, and both of those institutions are likely to leave their policy settings unchanged. And then we get fourth-quarter GDP on Thursday, as I mentioned. And we'll see if we get any clues in terms of what's going to happen for the Fed a week from this Wednesday. This market, though? It's just no stopping, man. We get a lift on the open. 48.95. We might see 4900 for the first time ever on futures in the next 25 minutes on this program. We will see. Let's jump around some of the big stocks. Here you go. Apple shares. This is remarkable, man. Talk about buying the dip. Apple now up $14 from where it was just last Wednesday for a company with 15.5 billion shares outstanding. You're talking about adding almost 200 billion to the market cap over a period of a few days. Microsoft shares. Different story. You actually trade lower on the open. And where are we in the battle for the biggest companies in the world? You jump over to Microsoft. 2.96. 2.96 trillion. Apple might be there. Right? Apple's at three, probably. 2.996. Apple, mere pennies away from that 3 trillion mark. Apple reclaiming the biggest company in the world. We jump around some of the other equities. The Magnificent Seven as we come into a big earning season. NVIDIA, up a percent. $600. How about it, man? We jump over to MetaShares up by 1.6%. It's not stopping, man. AMD, they got a downgrade or something I saw today. What did they get? I had this one pulled up. Didn't really hit the stock too much. We'll find it. There it is. The CFO is on leave and they cut the earnings forecast amid a probe. Yeah, that's quite a headline. Not quite the downgrade. Investigation initiated in response to the SEC's document request. And that's ADM. Excuse me, ADM. Look at me. No wonder. No wonder I'm saying, jeez, that's pretty remarkable that you just catch a little bit of a lift. ADM. Let's see what this stock looks like now. That's more like it, man, down 16%. $57, yeah. When your CFO steps away and you get SEC problems and you have to take a look at your financials to make sure they're even accurate, the market does not appreciate that. Nonetheless, you're down 16% for Archer Daniels Midland. AMD, down by 1.6%, giving back some of the gains of the last week or so. We jump over to Tesla. Up by half a percent right now to 213.84 and we jump over. Yeah, we did the video. We did Tesla. Ah, Google. What are we missing here? Google. Up by a full percent. Pretty remarkable tech stocks. NASDAQ 100, up by 120.17,561. And as we were talking about there, so talking about BYD again, Tesla had a unique position in electric vehicles. And that has changed forever, folks. Okay, so be careful on Tesla. I think there's a reason why you see Elon telling the story of AI right now versus electric vehicles. I mean, remember when they weren't just an electric vehicle company, they were an energy company, right? I remember a lot of great investors making the case, listen, you know, they're not a car company, they're an energy company, right? And when Elon became the richest man in the world, yeah, he's harnessing energy, he's changing the world. Most people, whether it's Rockefeller, whoever you are, right? You change the world in a certain degree. Amazon, Jeff Bezos, right? Energy. Well, that's not even what he's talking about anymore. He's talking about AI. He's talking about AI robots that can fold your laundry for you. Be careful on the Tesla story, folks. The multiples are still bonkers. 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This program is brought to you by Vista Gold. Traded on the NYSE American NTSX under the symbol VGZ. Folks, we got stocks in positive territory. How about that Russell, man? We're getting a little bit of a rotation here. Tech stocks pull back a little bit. Russell plows higher. We're up by 1.4% in 1982. You get the NASDAQ 100. We pull back to pretty much where you were right on the open. Right? 15,115, still up by about four-tenths percent. Apple charges higher. Holding on to those gains. We're up by 1.3% for Apple shares. Microsoft, different story. We're negative by 3-tenths percent, just like that. Check out MetaShares. They give back the open. You're up by about 7-tenths percent from Meta right now. Google gives it back a bit. You're up by 8-tenths percent. We jumped over to AMD. They're giving it up, excuse me, down by 2.8% right now for AMD. NVIDIA shares, still in the positive, but only by about 2-tenths percent. You hit $60331, and just like that, we give up almost $7 from where NVIDIA was on the open. Yeah, I mentioned AMD down. MetaShares, giving it up. You jump over to Tesla, excuse me, finishing this conversation on BYD Tesla up about 1-tenth percent. So you jump back to that story. BYD expects to export 400,000 cars abroad this year, a goal that is achievable to one analyst. Okay? Not sure who that is. BYD has yet to make much progress toward its main prize, Europe. They sold 13,000 cars in Europe last year. Tesla sold 270,000. You think they're coming for that market share, folks? Do you? Yeah. These are big numbers, man. Okay? In China, BYD had 12% of passenger car market. Tesla under 3%. They're crushing it. Now, they're a Chinese company. Okay? Not surprising, they're crushing it in China. But they're coming for the world, man. And I don't know how you compete with a Chinese company coming for the world. And it seems like they have quite a lineup of vehicles that can compete, and now they're going to go for a broad spectrum of vehicles in terms of the upper boundaries of that 150,000 Lamborghini and SUV. They're going to have every option you want. And they basically sell no cars in Europe, and they're coming for Teslas, and they're coming for it here, too, folks. Yeah, you got Tesla cutting prices across the board. I mean, the Model Y, let me tell you, folks, if you're looking for a Model Y on Tesla, then I'd be careful, okay? Quality assurance type deals. Tesla's got a few issues, okay? I'm not advising you to go buy a Tesla right now, folks. I've thought about it. The price, though, the price of a Model Y right now is becoming noteworthy. Let's put it that. But why is it becoming noteworthy? Because the Model Y has an inventory glut going on for Tesla. Yeah, yeah. And look at this. A price tag of $21,000 used to be the ceiling. Customers were thought to be prepared to pay for Chinese branded vehicles. But that's changing, man. Yeah, nonetheless. We got Tesla, and the multiples are pretty wild. And pay attention, man. It's almost a perfect storm, okay? You have a Chinese EV car company. It's already ahead of Tesla, and now they're broadening their selection. You just saw they only made 13,000 vehicles in Europe. Tesla put out 270,000. But then you kind of combine the fact that Elon is trying to pivot this company, okay? He's trying to pivot this company into an AI growth company. What's the noise in my mic, huh? That's a bummer. Yeah. Should be okay. Let me try it one more time. I'll have to work on this mic, folks. Give me one second. I'm not sure what's going on. I'll take a look at the next break. I'm hearing a little bit of feedback on my end as well. Pay attention to the rhetoric going on, because Elon is a genius promotion marketer, and it is not a coincidence that he is shifting away from the numbers of the car company to some kind of growth AI potential company. Pay attention to that, because it's not indicative of strong numbers coming down the line. All right, jumping around, what else we got going on? Yeah, we'll take a look at this one. So you got Rumble striking a deal out there with Barstool Sports, and here's what I'll say about this, folks. And Barstool entertains me occasionally. Davy Day Trader, with his antics, is entertaining at some point. But most of the time, companies that are pairing up with Barstool are losing money, okay? Now, not the case this morning, of course. You got Rumble, the video streaming platform. They've struck a partnership deal with Barstool Sports through the partnership deal. Users will get access to Barstool Sports content on the platform, including live streams. Barstool will also market and promote Rumble as their preferred video home. The deal includes an advertising arrangement through which both companies will seek to lure advertisers to the Rumble platform. Rumble said Barstool will also get access to the Rumble Cloud, their cloud computing business. Now, Barstool originally sold to Penn, Penn sells it back to the owner for a dollar. But the reason why, folks, is because they were losing millions and millions and millions of dollars, and Penn ends up making a different deal, right? They thought they could make money off the sports gambling aspect of things. $16.1 million is what Barstool lost for the first six months of 2023, and they can't even get into sports gambling. So they're reaching here a little bit. So keep that in mind as you potentially look at some type of euphoric rise with their partnership. Be careful with that one, is how we'll put it. All right, what else we got going on? Let's jump around. Yeah, we talked about... Yeah, we talked a little bit of gas. We talked China. I guess this one's interesting. You got Sunoco. They're trying to buy Newstar Energy for $7.3 billion. They agreed to acquire Pipeline and Fuel Storage Company, Newstar, for $7.3 billion. Not bad, right? The acquisition would extend the fuel products carried by Sunoco. They're the largest, one of the largest, independent fuel retailers in the U.S.? Yeah, not bad. Shares of Sunoco down about 4%, and not surprising, Newstar up about 27%. Now, the other story I want to talk about out here is Macy's. So Macy's gets an offer for $5.8 billion. They turn it down. If you go to the Analyze tab on the Thinkorswim platform, you're talking about a company that's valued at $5 billion right now. So they're getting an $800 million premium on that, which is what? 16% premium, basically to where you closed, well, from where you are right now. So it's up 3.5% today on that news. And they're talking about Macy's turns down that deal to go for a company to take them private on potentially funding concerns and valuation is what they said. It is remarkable though how you got everyone circling, right? Look at this chart on Macy's, man. Macy's is quite a brand, okay? And you got Macy's at 1826, and you are well off anything that we've seen, basically. Yeah, you got highs of COVID, excuse me, lows of COVID at $4. But, you know, maybe that's a mark where we are meeting some levels where private equity is saying, hey, guess what, man? You know, these stocks have gotten clobbered, and this is a good example. When we talk about the Russell 2000, right? This is a good example. Macy's at the end of 2021 was at $37, you're at $18. Now 50%. Stay tuned folks, we'll be right back for one more segment. The Gold Report. As a precious metal, gold is still king. 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Try any of our great newsletters risk-free with our 30-day money back guarantee. Just visit the Newsletters tab on the front page of TFNN.com. TFNN. Educating investors. Look at the gold contract right now. There's some volatility for you, man. You got a spike down to 2018. We're back to 2024. You're down by $4 on the session right now for gold. You got the market soaring. S&Ps up by 27 points. Did we get 4900? Not yet. 4898 is the price tag on the S&Ps. You go back to that gold contract. For you, goldbugs out there. UBS. Gold prices have slipped from year-end rally. And yeah, UBS. They're looking for a 2024 forecast that pushes it up potentially even 15% right now. 2250 is what, by the end of the year, despite near-term volatility. And yeah, keep your eye on that gold contract. That was talking about, man. It would make sense, right? With where we have. You're going to get some information a week from this Wednesday, next Wednesday, where we're 31st when we hear the chairman speak in terms of how quickly they may be on that cutting schedule and whether we are going to potentially begin those cuts in March. It's somewhat surprising to see if they begin those cuts in March, considering some of the data we've gotten. We get GDP numbers this week on Thursday. So that'll be an important one as well that we'll keep our eye on. Look at this. Apple man up 1.5%. Microsoft. Home by 3.10%. You got to keep your eye on these tech stocks, man, because as I mentioned, they're driving so much of the action right now. Microsoft hits 400 on the open. We give it up a bit to 397. You still got the Nasdaq 100 up about 106 right now. That's 6.10%, treating it 17,544. We check out yields in the dollar as we wrap it up. You got the 10-year right now just chopping around. Excuse me, basically where we were when we kicked off the program. That's 109%. And we jump over to the dollar index. DXY is the dollar index. 10321 to kick off the trading week. Market's relentlessly positive. Yeah, we might get 4900 in the futures for the first time ever. We might get 18,000 in the Dow. Excuse me, in the Nasdaq for the first time ever. Stay tuned, folks. It's going to be an interesting Monday. We got our man Basil Chapman coming up next with the Tiger Tech Ditions Hour. Thanks so much for kicking off your trading week and folks, for the Tiger Tech Ditions Hour. I'll see you tomorrow morning at 9 o'clock. Have a great one, folks.