 Vesters The Tom O'Brien show is produced every business day Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618 Hey, Robin. How you doing, man? Yeah, thank you for taking my call I wanted to let you know that I've been a subscriber for a couple years just different members of your team And I really enjoy it, but really the reason I'm calling is to express my sincerest gratitude for you Providing that information yesterday on the small business grants I'm a small business owner and primary bed break winner for my family and if I can get that money It's gonna really lead a lot to my family. So that's awesome. Thank you for taking the time to do that No, well listen, man. We appreciate you growl and prowl at this. Now Tom O'Brien Welcome folks, this is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day We go 24 hours a day in the internet at tfnn.com Always remember folks, whatever you think about you bring about whatever you focus on grows so everyone's having a great day Safe day. Let's make it a great night folks Serve the one you love Once you decide to be a couple there You're there to serve the one you love to serve your love to your love and every kiss and every touch you feel it You you are there to please the one you love without expecting anything back Likewise, let's take a look at it out here. We have the now industrials down 36 Nasdaq is up 30 S&Ps up six and a half gold contract up $8.70 traded 1827 an ounce We got silver up 42 cents 23 dollars 24 cents an ounce light sweet crude up a buck 31 $82 53 cents a barrel notes and bonds the 10-year note up five ticks trade in 128 to 17 the 30 year up to at 156 flat and King dollar King dollars down 679 ticks trade at 94 947 euro is at 114 the yens at 114.48 and the British pounds at 137 to one U.S. Dollar iPhone numbers 877 9276 648 give us a call folks one know what's going on in y'all world and the world of the S&Ps Let's take a look at them. What do you have? Well, we had out here yesterday They went to higher price at a contraction of volume. We're gonna have another contraction of volume out here Bottom line you coming into Thursday Friday. You're coming into mouth loot the King holiday We don't remember Monday the markets are closed in the United States folks bottom line I expect this S&P is gonna go right up to the highs once again the contractions out here So when we had come downtown we came downtown with 118 million shares yesterday, we went up with 74 million today. We'll probably do about 50 no 60 rather we're at 49 right now 65 probably so they can see that that contraction NDX 100 same type of setup inside the NDX the difference with the NDX in my own speculation is that this won't get to the highs The reason being is that we arrived. We already have the aspect of three lower lows and two Lower highs that is the definition of a downtrend folks and that would be a total change of trend There's no doubt about that when we'll see how the baby shakes out But I suspect what you're gonna see is this we come down with 91 million Yesterday we went up with 68 we're 45 right now probably do about 55 and as you get higher It'll keep contracting. That's that's just a really nice setup Sell it you're going far and the cues you're going for 350. I suspect it's gonna get to 400 It's a free 87 86 right now Gold gold contract out here caught a bid we caught a bid out here yesterday You get some follow-through you get some follow-through in the equities in a big way Gold right now is up 840 looks like it's gonna go after the swing point tomorrow So this is gonna be interesting because the swing here on gold is 1833 and you need 168,000 Contracts for an ABC structure up well it has it has the volume even today And if that's what we get let me see 1753 So you got what 47 57 67 77 80 bucks which would get you 1860 1860 what's that yeah, we're going to swing high. So yeah, yeah If you take your ABC structure It lines up really nice the swing high is out there Good old king doll actually let's go to the oil market first Let's take a look at oil because oil is on its way up to like a hundred and seven dollars. This is quite a movement Okay, so you just overtook the highs out here 82 13 today You get 377,000 contract which is big contract volume. Yep You're going man. You're going top side in fact Oh, look at this is that it is another ABC up here too. It's probably gonna hit the same thing 66 76 14 77 87 91 Right now you got to confirm the ABC structure up to 91 right now. I tried an 82 and good old king dollar. So King dollar is pretty amazing that uh king dollar Finally broke its consolidation and you can see this thing, you know, if this was if this was in equity It would have been a lot easier Basically dealing with it because it would have had volume and we would have saw volume down the bottom here But you can see this is a long consolidation man. This is a consolidation says I think christmas eve And you broke it and with that sets up now is going back to the breakout area the breakout area for the doll is 94 967 No 93, sorry Because we're trading at 94 967 93 another another penny down right now You're down 677 6 and what you're going to see here is that we had a break top side in the euro Euro had been consolidated in the sideways that just blew away its bottom that's setting up a euro at 116 and right now we're at 114 We go look at the british pound They're all they're all going the right direction if you happen to be in the metals market folks If you happen to be a bull in the metals market um British pounds same deal big top side move out here and then we go over to the yen and what you're going to see The yen in particular is definitely going the way for us uh gold bulls the end Is going down, you know, we hit a high of last week of 116 or 114 50 And that's saying that the end is going to make its way back to the 112 and we'll see what ends up happening at that 112 area so It's you know, you got a lot of moving pieces here now copper. Oh man. Look at this thing this This is uh, this took off yesterday. It followed through today You know in a monster way took out its consolidation yesterday. It's that moving today It took out the whole consolidation coppers up 13 pennies At 456 that's on the way to 477 and of course, uh, whether you know, we look at any of these copper stocks Um and copper and gold there. They're up big time. You got free port mac moran. That was that's a breakout uh tgb I was looking up tgb last night too. Was this up like 20 or 30 cents eight cents Okay, because tgb wants to go to this high out here So that's that's that's got action and then the largest copper stock in the world is scco And yeah, I'll do I'll do tgb. I'm gonna go all of these as soon as we come back. Um Oh, yeah, look at that cco. You talk about a breakout. Whoa, baby. This is a big breakout 67 54 74 78 Stay right there folks who come right back our phone numbers eight seven seven nine two seven six six four eight We have that our industrials right now trading down 17 nazik is up 34 s&p's up eight and a half or come right back Are you looking for a way to consistently add winning trades to your portfolio Tom o'brien is here to help Tom o'brien has been successfully trading markets for over 30 years A frequent contributor to TD Ameritrade network and CNBC Tom o'brien founded tfnn over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the market's open to give you the Creative informational edge you need to succeed These newsletters are packed full of tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio Get tom o'brien's newsletter market insights today and try all of our products and newsletters 30 days risk free with our money back guarantee at tfnn.com tfnn educating investors What's separating you from the most successful men and women on wall street? That's right information having all the information gives us the perspective We need to place the right trades at the right time The task profile scanner is the premier market profile base scanner Houred by its acclaimed task proprietary algorithms This feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks etf's commodities futures and forex This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades Before they happen for a limited time You can save $100 off your first month by using the promo code upgrade And you still get a 30 day money back guarantee So you have nothing to risk Level the playing field with the task profile scanner Which you can find under the services tab at tfnn.com Sign up today Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority in technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free 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 Call now toll free at 1 877-927-6648 Internationally at 727-873-7618 Welcome back folks. Uh, down investors right now uh down 11 and we get the mazziq up 36 s and peas are up Eight and a half. Let's go to hosey and i like the hosey. What's going on, brother? Hey there tom tom i have a question if you got a toothache You don't stand in front of a mirror and open your mouth and try to do it yourself. You call a professional, correct? That's for sure And if you need a colostomy Uh, same thing, you know, you know, you get what i'm saying. Yeah Okay, so that's why I call you a show tom to get the fact. Oh you had too much Google out of my computer. I don't need it anymore. I just call you the answer, man Oh my god, you had too funny Okay, so let's take a look at cadence design here the lows 118 the highs 192 You're trading 169 man when when this the market came back this came back kind of hard, huh? Uh, yeah, I noticed that so my question to you is october 1234 that you were talking about october 4th Uh that you're looking to fill uh, where does that bring the doubt? Where does that bring cadence? Okay, so In other words, how bad can it get? Yeah, right and cadence it's 145 Wow, and it hit 160 And see that what you have here. This is what okay, so I mean well one for it That the cool thing here. Jose is this okay Is that you see all the volume that you have in march like those highs of 147 And then even you know it went down that but you can use the top of that too at 144 on the 30th of april You know I think it'd be hard to break that You know, so I mean you might bounce around the consolidation for a while and be frustrated for a year or something, but I got you so tom october 4th You're looking for that to be hit if the volume is heavy Then look out below. Yes Yes, where does it bring the dow october 4th if we hit those level? Let's just take a look On the dial. Yeah, I don't with it, right? Cook because look Uh green span is saying he'll he'll he'll tame inflation all by himself because he's superman And it won't hurt the labor market Uh, why am I gonna believe him now when he never started coming two years ago? Quite frankly, you're the only one that talked about inflation two years ago. So So and the dial industrials is 33,700. So, you know, that's 20. Well, it says 3,000 3rd 2,500 low. Oh, okay. Okay. I know All right At this point, I would I would stay right where you are man. Just keep your eye on it Do you know what I mean? Because I'm under this. I've been long gone. Oh, you have. Oh, okay I'm looking to buy it back. Oh, okay. That's even better. Okay. Cool. Yeah I was long gone on this. Um, all right. That's what I needed to know. At least I have some signposts to look at Okay, brother. Have a great one, man. Have a safe one Okay, so let's go look at a few of these copper stocks and We're gonna start with to say go And uh, I see this is where you know what folks? Yeah, he's gonna write things down all the time or Speak into a microphone. So you have it because last night I was looking at To say go because my take is to say goes going to make a run to this 260 And if that's what you get you might get an abc structure up because what we've had is this we've been going sideways for uh, let's see may of 2021 And you know the bottom line is if I put this closer what you're going to see is We have a high volume high That it gave it up on price. They always love going back to those that's 227 So you're 218 And you know the next leg up is 240 and then when you put this If I go back to the copper contract for a second this copper contracts on fire, man. I mean, let's see Hg1 let me put I'm gonna put it on a because you remember the last time that Cop was going it looks to me like cop is going to go to all-time highs You know The lot the last high I believe is at all time. I had 482 a pound. You're at 456 At 482 is coming at us again. That's that's the bottom line Let's go to our man frank and Gloucester frank. What's going on? Dr. Screeman Yes, they are they yes, I was scratching my head Over tgb and then I looked at a monthly chart And the volume is just unbelievable on the last uptrend It is and and what has happened to folks is that what you had is that The copper run on the last run was extraordinary. Yeah, I just put this on. Oh, see this is really cool Yeah, see, okay, so I hey, thanks, frank. I just put this on a monthly I see what you're looking at because bottom line folks if this takes the 267 out You get a beautiful abc up and it's it's a it's a nice abc that would get it Up until somewhere that they haven't been this stock hasn't been to since 2010 On a monthly basis if you want to scratch this down, you need 70 million shares But that's at 267, but I think that's where it's going man I mean you can see it pushing up into this if it if it can get that close. Yeah Inflation is there boy. I'll tell you it is there to my wife had some lady Literally crying on her shoulder at the supermarket yesterday, you know, she can't afford her groceries. Yes No, it's inside the grocery store folks It is so sad sometimes just seeing people that you know, they look in the meat aisle They can't be in the meat aisle. You know, yeah, it's intense man. It's she she couldn't buy chicken Yeah, she couldn't afford chicken. Yeah No, I know not cool not cool at all Hey, I'm looking for some way to play oil and I wonder if you'd tell me what you think of oh Okay, let's take a look at it. This is the oil service ETF. So inside of this. Let's just take a look Okay, so you get Schlumberger Halliburton Baker Hughes, okay so Slumberger and Halliburton Somebody's 20. Halliburton's 11 Baker Hughes is eight. Let's do this. That's I want to go right to Schlumberger first And take a look and see where this is first Okay Okay, so you you have a breakout Put this on a weekly Oh, yeah, look at this 3687 They're pushing with volume 3687 Okay, now let me do Halliburton So Schlumberger is trying to break that whole consolidation. They're probably all the same. Let me just do this one Halliburton almost broke it already. Let's see Okay, so oh, yeah, yeah, this is good. This is good looking exactly. Okay. Now, let's do the OIH Okay, so we've got the OIH And The low for the year is 156 the highs 248 we're trading at 219 so weekly Yeah, I mean well Too far these game right now. I mean that and So folks when you look at these I mean I'm going to put this on a three year so you can see it You always love what I always love is this when you okay, so this has been a consolidation But see the top of that consolidation see that volume bar. It's huge man It wants to go to it. You know, we'll see what it can break it, but that's 240 is on the agenda to no 248 Is on the agenda there, man You know sold the june high early june high Yeah, the week of june 4th Yeah, yeah, yeah, and you're gonna know sign it close. I mean because you know, you can you can put your stop somewhere under Well, I don't know. It's a long way down Yeah, I know Yeah, stay right there frank. 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Uh, we're talking about that man frank from Gloucester and we're talking about the oil service business You know what's interesting frank is that you know when you go through this I went through a few more of these holdings, right? and So inside of them, okay, you know what you have you get baker hues, of course I went down to trans oceans. They used to trade trans ocean a lot when you take a look at this now They're still losing money. Okay. They're they're three dolls and 40 cents The revenue on this goes like this folks. Okay, so they're still they're going to take like 2.7 billion But they look to lose money for another two and a half years Well, that's all I can see out right that being said When you take a look at this chart, it's like, okay You know, you're you're off the lows. We put this on a weekly or 351 You know, you put this at a weekly and you can see up at there at 513 you get some action. So I suspect what we really have going on is this if if you believe And I my take is that we are going 105 on oil The real question then will be folks is that how long does it stay there because if it stays there What we will see these these rigging companies will make money again hand over fist You know, I mean, they're paranoid. I don't blame it to be paranoid. They they're not the paranoid Let's say a few and I the ex on mobiles of the world and all that I was gonna say, hey man, we're not gonna sign any more contracts You know what because rig is a deep water, you know service of folks, okay um But you might want to look at some of those equities inside of the oh a oh h I think there's gonna be okay, you know what I'm saying is there's less risk for you once we put the stop versus the whole deal Because that's not a bad setup, man And it'll be easy, you know, like uh You get the gist of it. I'm just uh Sure and and that's without You know this dollar if this dollar does what I think it's going to do all commodities are going to be more expensive and us dollars That's well, they're going to be they're going to be less expensive for everyone We're really selling the stuff to folks, but they're going to be more expensive when you and I are buying them Because we buy with the US dollar, you know, but Hey, one other idea to plant with you I'd like to know your your take on mortgage rates. What do you think you're going and when uh, when you have a chance No, this is great news. Yeah, do you know what I said I was doing the last two hours I had bunch springs on the phone. Oh my god. This is too funny And I was going through everything I was going through Single families multis of the whole bit just because I wanted to get my own take on it too Uh, the bottom line is that they really have to move much, okay Bottom line single family house right now, you know, you're buying something 3.50 3.25 That's still there multi family Now these now all the rates that I'm giving you right now folks These would be multi. Well, these will be going through convention alone frannie Mae freddy mac, okay Um, I just did it doesn't even have to be melty's Let's say that you own a bunch of single families or you're on a single family and it's a rental That rate there if you if you don't do a cash out. It's 3. uh 4 no 4.25 4.25 Um, if you do a cash out, it's 4.50 and what that means folks is this let's say you have a rental Let's say it's worth 300 grand And you've been getting rent on it and now No, you bought the 300 grand now. It's worth like 450 or something. Okay, so if you just want to refinance the 300 The bottom line to be four and a quarter. You want to refinance to take, you know Basically money out. They'll do fannie Mae freddy mac will do 75 of the value assess the value And that's 4.50 so that's still not bad and I think what we'll see frank is this There's there's so many people that finance number one refinanced The companies themselves need business So this spread will come down somewhat You see what I'm saying and they're not going to go up as fast as people think they are that's kind of where I suspect we're going Okay, and I'll call bud. I should get bud on because because you remember remember when when the 10 year I mean when the Yeah, the 10 year was at zero and remember we were expecting the rates would even go down lower and lower and what happens Folks is that yeah, they did they stopped at like three 2.85 You know and and so what happens on the other side of that And this was all about because at that Price folks at at the 2.85 to three there were so many of us that wanted to refinance, okay? So they were you know bottom line, you know, they had plenty of business I asked bud, you know, they have business but nothing like they had so You know, it's kind of a good scenario there Yeah, I was trying to get my daughter into a house at that point. I had her waiting and waiting and waiting Yes She ended up getting it, you know, she's a nice low threes. So that's good. That's huge. I know 30 years low threes Oh my god, seriously, man, especially my first one was like nine and three quarters. I was 14 and a half 1971 frank 14 and a half percent and you know, so crazy some folks this is this is crazy, doesn't this the 14 and a half percent. This is a triple decker in south boston My mortgage payment was 224 dollars. I'll never forget though I know every number because of course you're a kid and every dollar meant like a million dollars now It's like crazy, right? 224 dollars I was getting I think 165 dollars rent. I lived on the second floor and Had a sub shop on the first floor and now we all know now in south boston folks That's a million dollars the floor now. So from 71 was well, it's 51 years million dollars the floor Crazy Yeah, yeah But you know and now what would you definitely want to do if you think rates are getting up too high folks, okay You want to wrap your head around what is the real rate and a real rate is that you take the inflation rate And then you take the rate that you're actually paying, okay and Most of the time at a definitely a three and a half four percent you are still in a negative You know, basically rate You know yeah cooking brother Hey southeast should be my hometown. See you later. That's right. Well, yes, and you're a note today and graduate man Who's kidding? Oh, that's even better Kidding me. Yeah. Yeah. Yeah. They made me an honorary irish myself. Yeah, they had a you know, I If you must have had all those books, uh Remember when you started school the book covers Oh, yeah, I used to fight for those Notre Dame ones, man. Yeah, yeah those And who there's a couple others that I just loved. I mean the colors are extraordinary. No doubt. Yeah cooking brother Have a great one man. Have a safe one Yes, the real as one of the tag is a saying, uh, The real rates are negative and they will be negative for a while. I know it's a little tough to wrap your head around that But it's important folks on the on the context of a longer basis because you can see what I'm talking about How do you go from $14,000 in 1971? There's free million dollars in 2021, right? Well, of course, South Boston they're gentrified one second you get killed the next second everything's $1,200 a foot Okay, so yes, things have changed. Okay, like they're changing other cities But when you put it together, um, there's not much you have to do you just have to buy Don't sell no matter what happens and My take on real estate right now and in the future Is the exact same thing and the main reason folks is that there's so many funds that are in the real estate business. Okay That whatever you have Don't sell it don't ever sell it. Okay, because this is going to end up like London You know and it's already happening if you've never been into london to europe no one owns anything Okay, the leasehold backs that this is where we're going man another 50 years That's where it's going to be and if you own a house and you have income from a house. Okay, it is absolutely where it's at Dow industrials down 13 nazek is up 18 s&p is up six stay right there folks who come right back Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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That's 7 27 329 83 22 call us today The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information you need to understand the technology That shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for valued tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 in 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30 day money back guarantee tfnn educating investors Biotech is booming But for how long whether you think the biotech bull has room to run or has run its course trade labu or labd Directions daily s and p biotech three times bull and bear ETFs Visit direction investments dot com slash biotech today An investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at eight six six four seven six seven five two three The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services llc toll free at one eight seven seven nine two seven six six four eight internationally at seven two seven eight seven three seven six one eight i'm o'brien Welcome back folks. Uh dow dow is down five nazis up 19 s and p's are up six and a half Let me just see this There we go. That's what we want to get Let's put up these commodity prices because we had a report out here today. Let's see what happened in this room For the equities in this report. Okay, so so wheat got hit So if you're watching tiger tv, this is a commodity screen that I have up here folks, okay? So let's see con was down two and a half pennies. He had Soybeans up 12 and a half pennies wheat was down 13 Okay, let me look at this wheat for a second. So wheats 757 Yeah, it's not We're not a downtrend anyway one second Yeah, that's not bad. That's probably bottoming out. Oh something that I do want to bring up Jeff was just bringing up the emerging markets, right? So check this out. This is something to keep your eye on folks. Okay the hang sang It was up 2.7 percent last night This thing almost looks like it's bottomed to me So as we've been going up folks, you know, the hang sang has been going down And if we put this you're gonna look at this been really going down So we're at 24,000 right now. This is down from 31,000 in february Of so just a year ago. Okay now what it did is this look what it did And there is an ETF. There's a couple ETFs That we could trade in the u.s on this and if you trade them, well, let me go through this way for you first Okay, so we go back to much Of the pandemic, right? You can see the volumes. They're extraordinary 22 billion shares They came back with 6.5 billion Come back with 9 billion and then we just took off top side the week's not over just one day. Um, okay But that is telling me I mean, this is something I'm going to wrap my head around because you know That's telling me this thing's wants wants higher price. I mean it looks to me like this thing wants Well, another five or six hundred easy And if you get that then that's going to put game on all the way up to this this high, which is 31,000 And uh, yeah, it used to be the fxi. Let me go look at this because I haven't traded this thing like seven or eight years So the fxi This is good. It got this it has a lot of uh liquidity 31 million shares They invest at least 90 of their securities Yep, you got alibaba. You got 10 cents. Okay, so it has everything we need. Let's go take a look at this Okay, so you can see This came off the lows Put this on a weekly Yeah, this is a good setup, man. You can see the same thing. So look at this The match lows have a 235 million. We came into it with 99 million 177 million and then we just went top side this thing wants to run up to 42 you're at 38 But something something to keep your eye on Eem, let's see what we have here. This is much to be emerging markets. Thanks, jeff um Okay, so this is the emerging market and this set must have a lot of different holdings because it's like small caps, I believe I see this is no, these are big stocks taiwan So they're all these are big stocks just happen emerging markets. Okay, so you get taiwan semi 10 cents samsung alibaba reliance industries China construction Okay, so this one here Same setup man. Yeah Yeah, this is good too See this you know, it's going to get really interesting here Is that when I when I actually saw this this morning? I'm saying myself. Oh, this is going to be wild Because if in fact, you know China and the emerging markets Have finally, you know, I'm going to turn the corner I mean we've been hearing it. See it seems like my whole career in the in the finance business I've been hearing that emerging markets are going to be great and it seems like once they're segmented it just never seems to happen, but Um, that's a good that's a good-looking shot. That's that's the that's the bottom line. That is a good-looking shot We go over to the x au and the hui. I suspect both of these we're going to have some good, uh action in They got the x au right now that's trading up to 256 We are 131 81 And what we want to see is that yesterday Okay, 23 million shares The highs up here have 15 million and 27 million So that's not bad. Go look at the gold bugs index The gold bugs index right now is up 350 a 256 That's 17 million the highs 11 and 20 So both of them are basically approaching those highs And I expect that what you are going to see is uh We're going to have some volume The real question is is it going to have enough volume to blow that, uh, baby away Some of the let's go and look at some of the higher volume stocks in this market And this is going to be a low volume market out here. We have uh, microsoft's up 351 We'll go back to that because I want to see how the type of volume is going up with teslas up 43 Dollars we'll go back to that one you get, uh, meta platforms is down two Let's do those three. So where did I start off with here one second and and video? No What was up? There it is tesla Well, tesla has some volume. Yeah, so teslas they're buying tesla hand over fist again This wants to go to the high. Okay, so tesla Facebook and when i'm looking for facebook i'm actually looking for facebook for the uh For it to contract the volume to contract as it's coming below Yeah, it is. Okay. Well, we went to a higher this Yeah, this can still get down to that free 13 area uh the vista gold Catching some sort of a bit out here finally Uh, it's up four cents right now 76 And you know when you take a look at this, I mean the next next move up here is for the 86 cents and The flak's going to come in on this equity at 91. That's how this shakes out But you know what and we'll see where that shakes out I suspect it's going to get up to 91 once it starts moving and what does happen is this what you what you are going to see right now Inside of the gold market is this if you're in the gold equities folks of the silver equities It'll be worth it to try to figure out what price they really stop printing money hand over fist most of The companies that basically are producers at these prices right here They start making money like in a monster way not in a small way I mean in a monster way because what ends up happening Everything is going to the bottom line You know and that's that that's talking about you get the oil you crush the oil You take care of the land after it, you know at 1827 if we start getting up to where I think we're going to get up to You will see moves that um, well Put your hair on fire Kid I have to say that Especially if you get red hair and it really goes on fire really cool Stay right there folks come right back down industrial is uh up 53 And as I got 43 s and p's up 15 and a half we'll come right back Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority in technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com And tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free 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. 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That's tfnn.com then hit watch tiger tv Welcome back folks. I doubt that was up 72 nazics up 49 s&p is up 16 and a half And if we go take a look at these uh Etf structures folks you get the spy right now We are trading up a buck 60 and you get the contraction. You got 57 million shares We take a look at the ndx 100 the three cues Same setup you got you're up a buck 60 you got 50 million shares yesterday. We had 68 you can see what's going on here Um that being said though, guess what you got a nice trading market here, man If this is if this is a consolidation like I think it is it'll it'll go out to a larger consolidation You know meaning coming back to october 4th, but that still wouldn't be bad We we hang in a consolidation for a year a year and a half whatever that's going to be Um that wouldn't be bad if we're not in a consolidation The way this would shake out is this Is that you like the last few let's let me put this up quick so you can see how this shakes out. Okay, so The way that we're set up right now is that You've come down three times You've come down with volume you go back top side with light volume. So that's that's how this brings up that the october date Bottom line I think 350s game What you'd like to see is this When you if you're a bull what you like to see is that you'll you'll break this last low that was established out here at the 369 But you actually want a straight line move The reason being you want a straight line move is exhaust The energy out of the marketplace to selling energy What you don't want to see happen is this we don't want to see that it comes down right before the 350 And then you start going sideways. That's a problem. That's a huge problem So we have plenty of time for that But the bottom line I think just get you a heads up so you can really understand it If you really want to stand the out of time in the trade just go to amazon. It's on amazon real easy to get And you'll get the whole basically trading system Always remember folks the back and claw your heart out the bull can run you over and thank god There's always another trade Health happens in prosperity. Have a great night. Have a safe night. Thanks so much for being out there during this folks Come back and join tommy tomorrow morning kicks us off nine in the morning. Great show Yeah, we'll get him folks