 news update. Welcome folks. We are the Dow industrials finish up 74 Nasdaq down 125 S&P's off seven and a half. Gold contract cut the bid out here today up 1320 1795 silver also up 23 cents 24 alls 40 cents. They were a lot higher until pile pile come out and sound that a note about his concern about higher inflation. It's just going to be easier trying to figure out how to say it folks. We all know inflation is raging out here. Okay. That being said though guess what with inflation raging gold is going to be raging also why because the bottom line is that gold catches up with everything. Okay. No matter how many times they want to hammer it the bottom line. If we have higher inflation we're going to have higher gold. That's the bottom line. Oil. Check this out man. Oil up $1.44 $83.94 cents. A barrel lights notes and bonds. Yeah. The 10 year up eight ticks trading at 130 13 the 30 year up 26 ticks at 158 18 and King dollar. King dollar down 163 ticks trading out at 93 607. King dollar now is in the lower trading range. Bottom line. If we get some follow through we have King dollars going to lower trading range three times this week. It saved itself twice. It closed the week out in the lower trading range. If King dollar get some follow through and I take this King dollar once got 89. If we start seeing that happen you are going to get like 2500 and gold folks. It's going to be a big number. The hero is at 116. The ends at 113.44 and the British pound is at 137 to one US dollar. We get open. We take a look at the spy. We have to look at that inside the spy first. The spy hit and failed at its highs. Okay. 450 405 was the high that was taken out. Bottom line. You get to 450 467 closed at 450 322. What happened there though is that you did not have the contraction of volume. You actually got an expansion of volume. So that's saying that the spy can basically test the highs once again. Here's the divergence. Not the end of the X 100 nor the cues. The cues went to lower price down $3 and 17 cents had a big expansion of volume. We did 34 million shares after yesterday reaching highs at 25 million. That wants a lower price. We'll see how this shakes out. There's going to be a lots of tech stocks out next week. It's going to be kind of a field day. Have a great weekend folks. Have a safe weekend. Come back and visit Tommy Monday morning. Nine o'clock kicks us off. Great show. Have a great one folks.