 The following is a presentation of TFNN, the morning market kickoff with your host Tommy O'Brien. Buddy, I'm Tommy O'Brien, coming to you live from TFNN, hope you had a nice long weekend out there. We kick things off. We got an important week of earnings. We have NVIDIA out with their numbers tomorrow. We kick things off with a little bit of negative action and we got a couple of deals going on out there. You got capital buying Discover One for $35 billion, credit card processing, good business to begin. You got Walmart buying Visio, the TV maker as well. We're going into some of that along with some other things happening in the market. This morning we kicked things off, trading within a point of $5,000, $5,001, S&Ps off by about 18 points and you see kind of the acceleration right out of the gate last night. 6 p.m. Eastern time, you're trading at $5,025, you dip lower by about 9 o'clock last night and that's where we've been chopping around. You make a low of $49.95 at about 6 a.m. this morning. We're trading right now off about 4.10 percent, the S&Ps. NASDAQ 100, we're negative by 4.10 percent as well. You back things up to where you were Sunday evening. Your acceleration begins, yeah, there's the open actually. So what do we have? So we had Sunday but then we had no trading actually. Futures did open Sunday, excuse me. And then you dip lower though. Last night, 9 o'clock last night. You make a low in the NASDAQ 100 this morning of about 17,618. So we're off by almost half a percent in the NASDAQ 100. You get the Dow right now, negative by about a similar, 30% off 131 points, 38,566 and you got the Russell, particularly volatile off a full percent. You jump over to Bitcoin, can't hold it down man, Bitcoin, $53,200 early this morning. We're up by almost $800 on Bitcoin, crude. Little volatility in both directions for crude. You dip below $78, you're back above that price point, crude trading at $7018 this morning. Yeah, $7818. And how about gold catching a bit? Look at this run. From last week at 1996, just like that, we're up by $15 this morning. That's three quarters of a percent at 2039, we were just above 2040, gold contract. Silver, a little bit of a different story, silver. Not even above where you were the highs of Friday, make it to 2356, silver, negative by 31 pennies this morning and you jump to notes and bonds, depends where you are on the curve this morning. You get the 10-year right now, up by about five ticks, trading at 109.28, say it depends where you are because you go to the 30-year and actually got lower price out there. A little volatility across the board, but you talk about where we are in yields right now, you're talking about 4.28 on the 10-year right now, 4.28 and when we take a look at the curve, going up and down, I guess when you go up to the 30-year, it's pretty much unchanged. You get the 2-year down six basis points right now at 4.6 and as I mentioned, you get the 10-year down one basis point 4.28, blow that up a little bit to make it easier. As your yield curve, as I mentioned, the 2-year at about 4.6, you get to the 10-year at about 4.28, we get some FOMC minutes tomorrow as well. It'll be interesting to see what they have to say as we jump around. But yeah, let's kick things off with this one. They're talking about it and why not? It's a big one. Buying a Discover for $35 billion, all-stock deal, subject to shareholder and regulatory approval. A lot of talk of the regulators this morning. The price, a 26.6% premium to Discover's February 16th close. Now that's the close I think before it came out. Was that there? Yeah, what is Discover? DFS? Yeah, there's a nice pop for you. Look at that from 110 up to 124.75 for Discover. Yeah, it's a COF. Yeah, COF is Capital One. And the person spending the cash, yeah, they're going to drop because guess why? They're issuing shares, folks. They're issuing shares to get it done. So if they're issuing shares and you own shares, guess what? Your shares aren't worth what they were yesterday to a certain degree. 137 down to 131. I heard something once. If a company purchases a company, it makes a lot of sense, right? And they use all cash, well, boy, they really believe in that deal because the last thing they want to do is let's just say you're purchasing any company, right? You want all of it. You think the future is so promising. The last thing you want to do is you want to give them a piece of the action. You just want to pay them cash because the future of those share prices is going to be exponential once you put those two companies together. If you're not as excited or maybe you're just not in as a great position, maybe you issue them stock, right? You give them a piece of that future deal. It just speaks to the fact if you really didn't want to give out that piece, nonetheless. So they give them the piece of the deal. They give them an all-stock deal and you're at $131.05 for Capital One from $137.23, $35 billion. We'll see where they go. And they're going to pay $1.019 of its own shares at 26% premium for that company. Yeah, that'll be the biggest merger this year. And I saw once, I think it's the number three and number six company that are teaming up there. Yeah, they're going to be the biggest lender when they put them together. They got quite a book, man, when you put them together. The acquisition going to generate pre-tax synergies of $2.7 billion is the number. Yeah, Prime customers. Capital One is known for its commercials, of course. Delinquencies has stabilized after reporting net charge offs that were higher than any others expected. Capital One has been trying to attract more premium customers. Is there a deal there? They read by Digital Concierge Service Velocity Black last year, discovers long focused on those Prime customers with better credit ratings, though it's historically shied away from flashy sign-on bonus and lavish perks used by so many of its rivals. So we'll be interesting to see where that one goes through, $35 billion, man, as they team up. Then we jump to the next deal out there. Walmart agreeing to buy a Vizio for $2.3 billion. This one was talked about last week. It'll be interesting to see how this impacts them. Roku in a tough spot there, as they got a big deal with Walmart. That looks to be in question, of course, but they're buying Vizio, and it's about advertising there. $11.50 a share, they're simple. This was already reported last week, so yeah, they're major sellers of Vizio devices, but in buying the company, Walmart touted the potential to boost its ad business through video smartcast operating system, which allows users to stream free ad supported content on their TVs. Now that's the part I wanted to get to, man. We watch Roku TV in my house because we don't have cable. If you want some live TV, it's free ad supported content on the TVs. This is everywhere. It's going to be a big part. It's basically the new set top television. In terms of free television, ad supported, we're going back to where we were, man. It was that first it was all TV was free, right? You put the antennas on top of your television, you're paying for ads that support that. Then you've got cable television to follow, then what happened? Then you've got streamers. Now it's happened. Well, the streamers had figured out, you know what the best actual model is? Give it to them for free and sell ads and we're going round and round, man, as it goes. They've tried to expand their media business, Walmart Connect, which comes with bigger profit margins than selling groceries or clothing. Advertising sales grew 22% for Walmart in the fourth quarter. We believe Vizio's customer centric operating system provides great viewing experiences at attractive price points. We believe it enables a profitable advertising business that's rapidly scaling. Advertising is a good business to be in. Ask Mr. Zuckerberg on that one and then you jump over to Roku and that deal was already there as well in terms of that deal speculated last week. Tough go around for their earnings and a tough go around for Roku. They're going to open down another $4 this morning to 67.94. We jump over to Walmart shares on that news. There you go. They got earnings as well. Walmart. We'll get into that. Let's talk about folks. Walmart, up by eight bucks on their earnings, not on that deal. One of the components. Stay tuned, folks. We'll be right back with Kevin Hicks. If you're looking for potential trading setups in the stock market, then Rocket Equities and 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 and 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. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. 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Visit TFNN.com and try Mastering Probability, 30 days risk-free today, TFNN Educating Investors. for the quarterly revenue as shoppers turn to the big-box retailer throughout the holiday season and the company's e-commerce sales grew by double digits, earnings a buck eighty versus a buck sixty-five, revenue one point seven three four versus one point seven hundred and seventy-three point four billion versus one hundred and seventy point seven billion. Now you know it's remarkable this, right? They buy some of these companies. They buy Vizio for two point three billion, which is not even the revenue that they beat on a 90-day basis, right? They could have just taken the extra revenue, which was what, two point four, about two point seven they beat, two point six, two point six, not two point seven, yeah, two point seven. They beat by two point seven billion dollars in revenue, absolutely remarkable. Net income, five point four billion in those same 90 days. Now they were comparing it to six point two eight a year ago, revenue increased from 164 billion a year ago, look at that, right, 173 billion for the year ago period, man, remarkable from 164. Net sales going to rise four to five percent in the fiscal first quarter, adjusted earnings a buck forty-eight to a buck fifty-six on the pre-stock split basis, man, just big numbers across the board, you can see why they're accelerating higher. Comp sales rose four percent at Walmart U.S. at Sam's Club, Comp sales increased 1.9 percent, including fuel. I'll tell you folks, I belong to Sam's, we don't have cost, we have Costco in Tampa, I'm a little far from it, Sam's got a great thing going on, man, they do. It's interesting, I was telling my dad even this weekend, I told him before, Sam's is a different feeling inside, which is, you know, they know they have to compete with kind of the Costco, and Costco does not have the Walmart feel, but it's amazing how you go into a Sam's, and it feels so great, and yeah, it's the big box, you know, warehouse type feel, of course, versus you go into a Walmart, for some reason, man, that Walmart, it's not, you know, anyway, nonetheless, big numbers, man, e-commerce sales, here's the number I want to get to, 23 percent, how about that, yeah. In the U.S., e-commerce, 17 percent, as shoppers used curbside pickup and got orders delivered to their homes, advertising, here you go, 33 percent globally, 22 percent in the U.S., visual acquisition going to be an accelerant for the higher margin, fast growing part of the business, how about that, customer transactions increasing 4.3 percent compared with a year ago period, average ticket declined slightly, which is interesting in the face of inflation and all that stuff, right? The company could soon face a deflationary environment where prices are not just stabilizing, but going down, he said those lower prices could help customers pay for more discretionary items on Tuesday, however, Randy said Walmart sees deflation as less likely, because that's what he had said in November, okay, in some categories of general merchandise prices are lower than a year ago. He added food prices still rose by low single digits year-over-year. Now, I'll tell you that in being a Sam shopper as well, so the coolest part is, is that when you go into these places now, right, this is how it's going to be in Sam's, it's how it's going to be everywhere in no time. So I go in Sam's now, I pull out my phone, it's called Scan and Go, okay, and what you do is you just scan the item with your phone, it adds it up as you're going, so you just do it as you throw it in your cart, right, you don't need to do it all at the end, as you take something, you throw it in your cart, you scan it on your phone, and when you're going to check out, you just hit the check out button on your phone, it pays for everything, and then you have to walk out and the way they do it is Sam's, I think they do the same thing at Costco, right, they take your receipt, they scan a few items to make sure, they do a check to make sure, you know, you've paid for everything, and then you go, that's the way it's going to happen, man, and they're not going to need the person at the door, right, eventually they're going to have all those items with an RFID, you throw it in your cart, you pay for it, and the store knows that somehow you're leaving with an item that hasn't been paid for yet, it's happening, man, now you take that, they talked about gas, right, so I get gas at Sam's as well, you pull up to the gas station, well, you need to be a Sam's member to use the gas station, so you either use your card or you can use the app, I use the app for everything these days, I pull open the app, what happens, I scan the app, it immediately tells me, you know, it knows who I am, it tells me you want to use the card on file to pay for the gas, yes I do, I hit the button on my phone, it's done, I don't need anything else but my phone and a membership, scan it at the pump, it knows my credit card, it knows my membership, I put the gas in there, I'm done, you know, on a technological basis, the fact that Walmart is at the forefront of that, that's going to matter folks, they're catching up to Amazon because Amazon is doing that as well, but using that technology, it's going to be everywhere in five or ten years, man, the days of, and let me tell you, I love that I no longer have to go to a register to check out, I don't have to go there anymore, that's the best part of it man, it knows everything, right, it knows everything man, yeah, and that's the interesting part, you know, Costco is high-end and I agreed Duffy and Walmart not so much but Sam's is a different deal man because out here, Sam's is a different deal and the aura and the feeling inside is a different deal as well, I'll give you an example, at their, at their deli, right, so they got a bunch of great pre-made stuff at Sam's, right, I'm really talking about Walmart, yeah, I do have a small amount on a Walmart retirement but maybe I should have some more, the way that we're performing today, check out this chart, but I'm spending a lot of time on this folks but think about it because you want to be in these companies, I think the annual feed for Sam's like 59 bucks Duffy and I think I got a deal where it was even less than that to begin or something like that, I think I got a deal and I'll look it up because it's not much man, the amount of money I save even on gas, you'd add it up, it's a no-brainer, you know, paper towels, easy stuff, let alone, but you go to the deli, right, so they get the pre-made stuff, they get the good stuff and sometimes you know where they get the rotisserie chickens, like at Publix and stuff, right, they get the good rotisserie chickens they put out there, okay, and it is interesting how these two brands within the same company, Walmart and Sam's, you go to Walmart and yeah, you can buy a rotisserie chicken but I'm always like, I don't know about that rotisserie chicken at Walmart, I don't know, how long has that Walmart rotisserie chicken been out, what employees have been hanging around, you know, handling that versus you go to Sam's man, they got the guy back there who are cutting, you know, prime steaks, you can watch them through the thing, they have their rotisserie chickens, which are a great deal, I buy those sometimes and they even have baby back ribs out there, which are out there in the same deal, right, they're hot, they're right next to the rotisserie, how about those sometimes? I would never buy baby back ribs pre-made in the hot, you know, container at Walmart, wouldn't touch the stuff, they're getting it done at Sam's, they're doing it with technology and it's going to come to Walmart, man, and now they get the advertising on top of it. And check out this chart, so you're training 178 from Walmart, man, you put this on a three-year weekly, you're gonna open almost 180 folks, this is blown away, everything we had from 117 at the lows of May of 2022, absolutely remarkable, you compare that to Target, yeah, they get some problems, man, right, look at this, you're basically at the lows of 2022 for Target, whereas Walmart has surged higher in dramatic fashion, I love Target, I love the brand in Target, man, Target is expensive, they don't have the technology that Walmart has right now, and the funny thing is, is that I cannot stand having to check out at Target because most of the time, if you guys are familiar with girls, you end up in a line for the self-checkout, it's like 15 people long, and I'm not exaggerating, man, and that's just on a normal, like, Friday, Saturday night, maybe a Thursday night sometimes, who knows? But Walmart, they're getting it done, they're gonna open up about eight bucks on the open, we've got some action on this opening bell, folks, stay tuned, we'll be coming back for that opening bell in three minutes, don't go away. Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up, TFNN empowers traders and investors of all skill levels with top-notch investing systems, strategies, and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our season hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1 and follow us on YouTube and become part of our vibrant community. 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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've got markets open. You'll get an S&P just above 5,000, sitting at 5,003 right now. NASDAQ 100, you're off by 76 right now. Dow off by 87 in the Russell, as I always say, particularly volatile, off by 1.4%, man. Both directions, no matter what the market's doing, the Russell, yeah, it's got a 1.5 multiplier in terms of the volatility in that Russell. Let's jump around. Some of the big stocks, as I mentioned, you got NVIDIA. They'll be coming out their numbers tomorrow and jump over to NVIDIA. Let's take a look at what we're talking about here. So you talk about a move, man. You want action through Friday? How about some volatility for you? $80. $80 is the volatility priced in in either direction if you just want action through Friday and that's because they got their numbers coming out tomorrow. And yeah, $80 is not that outlandish. When you look at the trading range, this thing is in without earnings, where you're really bouncing around between about 7.10 and maybe 7.40. You put this thing on a daily. So you're off by 1.1% to kick things off. It's been a one-way trip, man, to almost 800 bucks, which would complete that A to B, C to D we've been talking about here. So maybe that's the final thrust on their earnings. At some point, you're gonna need a little consolidation, man. Doesn't mean it has to happen right now though. As we know, when this thing runs, we'll see what they come up with with their numbers, man. It seems like everybody wants the chips they're making and they can't get them fast enough for years to come. NVIDIA, off by 1.1%, even as the NASDAQ caused back some of those losses. We go over to the other big player in AI, Microsoft. They're basically flat this morning at 404. We jump over to Google shares, Google, off by 2.10% this morning. Amazon shares down by about 1.5% this morning. We jump over to Tesla. Tesla off by 2.2% so far this morning. Let's see how the companies are open in Walmart. Yeah, they open up 5.5% and that's quite an acceleration for a company like Walmart, man. Up by $9 to $179.49. That's an all-time high, right? Yeah, all-time high, man. Look at that. You get your consolidation area from what? There's our COVID pullback. Yep, Walmart, one of the companies that didn't suffer too dramatic of a pullback, right? Everybody was going to need their items from Walmart no matter what. Consolidates for 2020. You get that steep pullback into 2022 and then, boom, you take off like a rocket ship, man. From 120 up to 60, you're up 50% on this equity and this is not one of the equities that usually runs 50% folks in terms of a high-flyer road stock. You're talking about Walmart, but now you're talking about advertising multiples that are growing double digits, right? E-commerce sales growing double digits, purchasing Vizio, et cetera. That would be an interesting one. And jump over to Capital One. How are they digesting their purchase? Capital One, off by about 5.4% to kick things off as they purchase Discovery, it's $35 billion. And let's check back to yields and see how they're trading this morning. There's your long-term chart, man. You got the tenure rising a bit, pointing to a slightly lower yield to get the tenure back above 110 barely. We're trading at 110,005. You're up by about nine ticks right now on the tenure. And that'll jump us to our next story. From the journal out here, no, Bloomberg, excuse me, is the market starting to speculate and if the next Fed move is up, boy, if the next Fed move is up, man, watch out. We talked to Teddy Kakes that tomorrow, Wednesdays at 40 pass, he's been talking about that they might not be done, man. And at the beginning of this, kudos to him. He's had some great calls, man. Check out that Forex report that he puts together, folks, he's got a new issue out, of course, this week. But yeah, the market's starting to price it in when it hadn't for a long time. The options market sees a small chance of a rate hike, rate hike, 6%. I mean, you call it a tail, you call it an outlier, right? The implied probability of Fed policy path by December, by December, one more hike or zero, that's still 13% when you put the two together, right? Yeah, guy who knows Duffy what would happen the day that that happens. And I imagine though, if we get that hike, there's gonna be some data that comes that already freaks out the market. That's not gonna be a shocker. Chairman Powell's not gonna shock the world. There's gonna be data, there's gonna be some Fed speak. We got a ton of Fed speak coming up this week, man. Thursday, we get like six different people speaking as well. Yeah, and particularly volatile. Look at January 31st, that's when it was. When you even have the chairman saying that they believe our policy rate is likely at its peak for this tightening cycle, pretty strong words. But we've had a few expectations to have gone awry in that. And this is the rate cut bets in terms of how many cuts are coming down the line, right? And looking as we go week by week, these are just weeks. This is all it is. This is how fast things can change over a weekly basis, right? Let's blow this up, man, because this speaks volumes. The median of the Fed's dot plot in December, okay, was three. Look at where we've come from, man. December 22nd, we were at seven. January 12th, we were almost back at seven. You're above five on January 19th. You're above five on January 26th. And just like that, we're at three and a half cuts priced in now. Three and a half cuts, right in line with where the Fed is, man. Now, the chairman has said that everybody's basically on board that they think it'll be time to cut sometime this year. It's only February. That gives him a lot of time to go forward from where we are. But keep your eye on how fast things have moved week over week here. And the yields have reacted to that accordingly. But we've had some job numbers that have been dramatic. We've had a CPI number that's been dramatic. And we'll see where it goes from there. PPI as well, right? Yeah, and then what happens to the dollar, right? This is the Dollar Spot Index, the Bloomberg Dollar Spot Index. The dollar could return toward 2022 highs if the Fed hikes. I'm not sure they're gonna be hiking, man. Okay, there's gonna be some data that's gonna have to come down the line. And we're gonna get to see that. And you're getting quite a reversal today, man. Look at that, 103.84. I mean, that's the reason why you got gold accelerating this morning in dramatic fashion. Gold up by 16 bucks up to 2,040, but you get back to the dollar index briefly. You blow anywhere you were last week, man. In the dollar index, you blow where you were on that Tuesday acceleration to higher price. You back it up on the daily. We've rolled over at the 618, folks. That's what I wanted to get to. We have rolled over right at that 618. Look where we get to, right? 104.75 was about the 618. We hit that price point and just like that, we've given up a full point from where we were just a few days ago as we're under 104. We're at 103.84 and that's given a bid to commodities. Gold in particular. Speaking of, you jump over to crude, $78. Bump it up against it, man. We'll see where we get to. But that's where we've been before. We were back up here January 29th. You accelerate to 72. We're right back at 78 bucks this morning on the price of crude, basically down by 35 pennies. You jump over to the VIX on a little bit of negative action on the market. VIX slightly elevated this morning, right? Check out that pop. That was Sunday Night Futures. That was Monday Night Futures. We were closing out Friday action, 1380. We're sitting at 1520 right now. You hear that? We were closing out Friday, 1380. We're sitting at 1520. That is quite a rise in the VIX. As we approach a porn week, as I mentioned, Nvidia, ooh, what's going on over here, man? Can't fault somebody for wanting to get out of Nvidia before they hit their earnings, man. You know, over a period of 90 days, just a remarkable acceleration to higher price. And are you really gonna be waiting when they got an $80 move priced in? I mean, if you're a long-haul investor, yeah, stick some Nvidia in your retirement account. I'm sure that you'll be okay. I'm not sure, folks. They're dealing with multiples that are bonkers, but boy, they're in a sweet spot. AI is gonna change everything for the future to put it lightly. And I'll see if I can find, you know, I was on there last night with ChatGPT, playing with some images, man. The future is gonna change so quickly, folks. I'll see if I can find some of those images. I will. I'll see if I can find them during this break. All right, we got a lot to talk about. It's Tuesday trading on a shortened week, but it's a big week, man. We got Nvidia earnings coming up. We got Fed Minutes coming up this week. We got some FedSpeak, along with more companies with their earnings. Stay tuned, folks, we'll be right back. Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up, TFNN empowers traders and investors of all skill levels with top-notch investing systems, strategies, and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. 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What do we just give up? 150 points in the NASDAQ 100, the span of about 10 minutes from where we were. You're negative by 1%. And yeah, it's not just NVIDIA, man. Check out NVIDIA, though. What is going on, man? Somebody knows what's happening in the den. I think it's just selling going on right now, but maybe something's going on. Somebody, but boy, that is quite a sell. As you got NVIDIA shares just traded down 40 bucks from 720 to 682, just like that, man. You got Google shares, nah, not quite. But Microsoft, nah, not quite as well. So we got winners and losers here in terms of, you got a few selling, man. Amazon off by 1.6. Maybe Walmart eating into their business, I don't know. Walmart holding steady up by 180, not a bad number for them. Tesla shares off by 3%. We're getting the tech stock because they're selling off. And we're back to Microsoft. So ChatGPT, so I'm playing with ChatGPT. Excuse me. And you can create pictures with it now. And you can create videos if you're using one of the plugins, man. You can do a tremendous amount. I encourage you. My dad's encouraged it as well. Take some of the courses. Amazon has some on augmented reality. You wanna learn this stuff because it's gonna dominate the world, man. Just start playing with it. That's the best, just start playing with it, right? So I'm just playing with it last night. And I'm laying in bed, I'm on my phone, okay? Now I pay $20 a month for ChatGPT4, okay? Through OpenAI. And that gives you a few more options than a normal one, but check this out. So you just sit there, you're playing. I say, ah, I said, make me a picture of my son, O'Brien IV. Let's have him playing in the Olympic games. I wanna play in the Russians. I wanna him winning the, win the Olympics, score the final goal, have him celebrating. Let me see his name on the back of his shirt, so we know it's him. And let me see what you create as a picture. And look what it does. Look at this. If you're watching Tiger TV, if you're in the den, check it out. It's just so cool where technology's gonna go, man. Now, there's a few intricacies in this photo that are amusing, okay? First of all, check out the people and the fans. All right, and it's one of my buddies was joking because I was sharing with him last night. He's saying, did you also ask him for like a bunch of Afghani villagers to fill the fans? I don't know what's going on in the fans, folks. But how cool is that? I don't know what's going on. It seems like the goalie is like in the middle of the ice out there, right? I don't know what's going on there. Seems like they put Tommy in the goalie crease that's over here somehow. The goalie nets out in the middle of the ice, right there, right? It doesn't do well with words and letters and spelling yet, okay? But you see the American places is pretty cool, right? Pretty amazing, really, okay? So then you go there and so I say, okay. I say, have him checking Putin on the Russian team, right? I say, I want him to check Putin. I want him to lay out Putin with a big hit. Well, what they say is you can't put real names in there, okay? Probably a good check, but instantly I say, well, that's not gonna maintain, man. Somebody's gonna create something. I just want a picture of a fun picture of my son winning the Olympics, checking Putin on the way to scoring that goal. Well, you can't create names, okay? So he couldn't put, it's funny, they could create O'Brien IV, but they couldn't have him check in Putin. So I say, okay, just have him check some Russian in part of the game. I wanna see Tommy O'Brien IV checking a Russian when he's playing. Check out this visual, man. I said, AI don't mess around, man, when it comes to playing hockey. Look at that picture, isn't that awesome? Yeah, keep the skates down, Tommy. That's not legal, man. You'll get in trouble, that's a big problem. That's AI for you folks, isn't that hysterical, man? So they create that, okay? Now, the kicker is, is what you can also do, okay? Is that you can upload a picture of yourself and say, well, use this picture of me to create a picture of likeness of me or something like that, right? So I upload a picture of me and I say, create a picture of Tommy when he's the president of America and put him in the White House, put him here. And then you know what else I told him? I said, put him in some cool high-top sneakers that are red and bold and green and have some red shoes because we're not gonna let Trump get a monopoly on those shoes, man. It can't happen, right? So look what he does for the third one. Let me find it, check this out. Look at that, there's Tommy. He's in the Oval Office. He's sporting his own pair of fine kicks and in 20 years, maybe he'll be hawking those. No, he won't be hawking those folks. Isn't that amazing though? So that one is predicated off my facial picture as well. I'll take that, man. Look at that gentleman. Hopefully that's Tommy the fourth, why not? Isn't that amazing? And just by description of the high-tops, check out the high-tops, right? I didn't say the Trump shoes or anything like that. I imagine that Trump was sitting there playing with AI for those shoes, man, maybe because look at what they did. I said, create me some high-top shoes, give them gold, red, white, and blue and give me some red soles on those shoes, man. And they throw them in their picture. So it's pretty remarkable to play with it, but pretty cool, right? I thought that was pretty cool, man. And videos are right there, too. What actually made me go down that rabbit hole last night is I saw a pretty cool video. I said, how long is it gonna be until you see these videos? And instantly your brain goes, ah, that's a fake video, man. That's made by some 13-year-old using an app in his bedroom that can create any video in the world. We're probably only a few years away from that being the case, man, when you think about it. Pictures are not that far off from being fake and videos are probably not that far off. We know they're not. You just gotta have the technology, but the technology is gonna become rapidly available in the next few years, just like it always does with technology when it comes about. But check that out when you get some time, folks. You're sitting on the couch, you're playing with your phone, man. That was the Wally Image Generator, I think, which is one of the plugins that now is accessible on ChatGPT, at least on ChatGPT4. Nonetheless, right? Yeah, Tommy's scoring that a little bit goal. Why not? Microsoft down 710s percent right now, as we got a little bit of a rollover, man. NVIDIA, they bounce off that 682, but you're still off 4.5% coming into their numbers. It's like people taking their cash and running a bit if they've been in that run, and heck, man, if you've been in that run, right? Boy, optimism at all-time highs for NVIDIA to put it lightly. You don't have to be in NVIDIA for long, man, to be up gangbusters when you look at it. I mean, just what, a year ago? A year ago, this thing was at 215, and you just opened today above 700, let alone the 90-day run that you're on, which is from about 400, no, excuse me, 500 up to 690. Wild. Yeah, and that was a bummer deal. I saw that one, Dan, it happened in real life, I know, right? All right, we jump around, see what else has got going on. See how Walmart's digesting those numbers, up about nine bucks. All right, let's see what else we got going on in this market. Yeah, this one's interesting, man, the Saudis. They got a lot going on, right? And they're going to the market for even more. Saudi public investment fund cash and treasury assets. Look at this, man. There's a reason why this, they're selling shares. Treasury assets and cash combined for almost $200 billion in 2020, where do they sit right now? What are they at total, $37 billion? Absolutely remarkable, man. The sovereign wealth fund. Last month, it's cash levels as of September had fallen by roughly three quarters to about 15 billion. That is nothing for what they're doing, man. The lowest since December, 2020, when the fund began reporting the data to keep the spending taps open, the kingdom has turned a tool that it shunned in recent decades, borrowing. Yeah, it also plans another gargantuan sale of stock in the country's Count Jewel, Saudi Aramco, the supersized spending and borrowing underscore, Muhammad Bill Salman's, expansive ambition for the country and show how they could face fiscal strains in a world of elevated interest rates. That's the crazy part to look at in this article, man. The Saudis, are they gonna be streamed? Seems like that's not the case right now, but we will see. One more segment, folks. Don't go away, we'll be right back. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven in hedging properties across the global major trading hubs of the London OTC market, the US futures market and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? 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You're down by 28 points or about half a percent of the red NASDAQ 100. You're off by more than a percent right now. The Dow catches a little bit of a bid as we get divergence going on right now and keeping our eye on some of these high fliers, man. Off by 5.2% to kick things off it. And yeah, I think it's just selling folks. It's selling ahead of their numbers. And as I mentioned, you got an $82 move priced in for their numbers on Friday. And just like that, you give up 40 bucks, man, for NVIDIA shares at 6.89. You check out some of the other companies that were flying there, Amazon shares, off by 1.3 so far this morning. We check back to Walmart on their numbers, 179.60 so far. Back to that story about Saudi Arabia, man, the numbers are just video game style numbers what they say. The 2030 plan, which is a big plan that they're about halfway through or in 2024, right? Calls for the Well Fund, known as the Public Investment Fund, to manage two trillion in assets up from the 718 billion as of September. The Public Investment Fund has said it expects to receive more funding from the government. They're gonna need more money, man, which is remarkable. Excuse me. At the same time, that spending has ramped up, oil revenue has leveled off, oil prices would need to be above 86 barrel in 2023 and $80 a barrel this year to balance the government's budget, yeah? So they have an unbalanced budget right now, which is remarkable when you think about the money that they're getting. Saudi Arabia is expected to run a budget deficit of 21 billion or about 2% of the country's GDP. And it's gonna run a small deficit through 2026. Wouldn't it be wild if we got higher interest rates in the crushed Saudi Arabia? We would crush us too, which is the problem right now. All right, folks, that was a quick hour, man. We got a lot going on. Stay tuned. We got our man, Basil Chapman. He is coming up next, folks. I see him there. He's getting ready in the den. Have a great Tuesday. Have a safe Tuesday, folks. Look forward to seeing you back here tomorrow morning. Stay tuned for Basil. Have a great day, everybody.