 TFNN headline news update. Good morning everybody I'm Tommy O'Brien coming live from TFNN headquarters in St. Petersburg Florida it's Monday 10 a.m. Eastern time 30 minutes into the trading day first Monday of the trading year 2020 we got markets starting off to the downside but getting a little bit of a pop on the opening bell off of the lows right now we have the S&P's negative by nine points trading at thirty two twenty five Dow Jones negative by a hundred and twenty eight trading twenty eight thousand five oh six Nasdaq negative by twenty six points trading at eighty nine ninety four you check it out we'll start it off with the chart of the S&P why not you can see the chart there the acceleration from nine thirty we trade from thirty two fourteen almost make it up to thirty two twenty eight overnight we reached a low of about thirty two on eight excuse me thirty two oh eight on some geopolitical risk persisting in the markets jumping over to the other indices Nasdaq one hundred eighty seven ninety four you see the jump from the close on Friday the futures open on Sunday night at about eighty seven fifty one we dip down to a low in the Nasdaq one hundred of eighty seven twenty three almost seventy five points above that level eighty seven ninety five we cover the S&P five hundred there's the jump from Sunday evening of about excuse me Friday evening from thirty two thirty four Sunday evening we open at eighty two sixteen we're now above that level of thirty two twenty five Dow Jones twenty eight thousand four forty six the overnight low on the Dow of twenty eight thousand three fifty two we had crude oil trading higher overnight as well sixty four dollars and seventy one cents the high of February crude gold catching quite a bit gold making it up to I believe I saw a print of fifteen ninety the highest since April of twenty thirteen you're talking about six seven years for the price of gold still holding steady at fifteen seventy five and the Euro US dollar trading at one eleven eighty four terms of what else you have happening on the market checking out the VIX this morning volatility index spiking a bit higher pulling back a bit as the markets traded higher VIX reaching sixteen thirty nine overnight that's at about four a.m. correlated to the market lows but as the markets pull back a bit S&Ps only negative by about a quarter percent now the VIX trading at fifteen eleven stay tuned folks coming back at ten o'clock with Tom we've got fast market by TD Ameritrade thinkorswim at eleven for Steve Rhodes live at one o'clock with the trader's edge Dave White live at two o'clock with a power trading hour and Tom O'Brien live at three first Monday of twenty twenty back in the saddle stay tuned folks we'll be right back