 This is a presentation of TFNN. 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. Let's go to Eddie and Bookarton. Hey, Eddie, what's going on? Hey, Tom, how are you, man? I'm doing great, man, yourself? Good, good. It is a treasure to have TFNN every hour during the trading day to be there, to help you to guide you, and even to give you some peace of mind, or like that somebody else is there with you while you're trading this crazy market, either up or down. Well, listen, we appreciate you growling and prowling us out here, because we wouldn't be out here, folks, if we didn't have all you guys, gals, tigers and tigers as clients. And the market teaches you every single day, man. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever. You focus on growth, so everyone's having a great day, safe day, so make it a great week, folks. Create new agreements based on respect and love. Take the responsibility to make new agreements with those you love. If an agreement doesn't work, change the agreement, create a new one, and use your imagination to explore all the possibilities. Market wise, let's take a look at it out here. We have the Dow Industries down 3.45 at Nasdaq off 1.69, S&Ps off 43, gold. Gold contract up to 20 trading at 17.99. We got Silver up 4 cents, $22.45 an ounce. Light Sweet Crew down 81 cents, $78, nine cents, a barrel, notes, and bonds. The 10-year note, down three ticks, $128.06, the 30-year up 13, and $155.16, and $king dollar. $king dollar right now is up 267 ticks, trading 95, 986. The euro is at 113, the yen is at 115.22, and the British pound is at 135 to one US dollar. Let's get over to our man, Mr. Dave Mazda, Head of Product and Managing Director at Direction Chairs, and as you're over to our website, folks at TF&N, you're gonna see the banner on the very top. You hit that banner, bring you over to Direction, you'll see all the different ETF structures that they have that you can either put portfolios together, you can trade each and every day. Dave Mazda, how are you doing? I'm doing pretty well, good to be back. Yes, and it's great to have you back, and you know, we have a two-way market here. I mean, this Nasdaq today, Dave, whoa, baby. If you haven't seen the Nasdaq today for the market in Gemma, but the Nasdaq folks was down over 500 points, it's only down 150 right now, only 150, but the bottom line is that we have a two-way market, which is a beautiful thing, actually. So, you know, yeah, look at these markets, Dave. I mean, we will have a different conversation here for maybe four or five weeks. You know, I mean, when we look back in the last two or three years, even longer than that, I mean, realistically, there's always been that trend up, up, up. And now, you know, we've got a little bumpy ride here. Yeah, look, you could, you know, if you spend enough time on Twitter, you can find a stat to prove anything of that. This has been, you know, the best three years in the market, best 10 years would have you, valuations at all time highs. But what we do know is that ever since the global financial crisis, we've been in a low interest rate, no interest rate, and in some cases, negative interest rate environment. And that means that the pricing of different types of stocks, so stocks with high multiples, high expected revenue, set aside earnings growth, was extremely bid up. And now we're seeing markets begin to maybe adjust to what's an environment look like where we're not just printing money as aggressively. And in fact, we've moved from this so-called QE, quantitative easing to QT, quantitative tightening, plus interest rate heights. And it's spooking the markets, you know, for good reason. But I think the selling has been really sharp, particularly opening this year. Maybe that's because people actually took that long week, that week off between, you know, your Christmas holiday and your New Year's holiday. And it's a bit of catch up here, especially as the moves in the 10 year have been really aggressive. Yeah, there's no doubt. And, you know, folks, I remember when the last time rates went up, I believe it was six quarters at a time. Greenspan went up six times in a row. And, you know, the market gets, it's interesting. The market gets used to it, I mean, but guess what? That's the first time that I knew that, you know, when they say, take away the punch ball, they really take away the punch ball, man. And of course, he overshot at that point, but you can see market-wise, you know what's really good? You know what the difference now, which is really cool? When that was, folks, we didn't have as much product like direction shares to actually go both ways. Of course, we could go shut the queues. But people have a much better, a much bigger, basically menu of how they can protect themselves if they want to protect their portfolio, or in fact, if they want to go on a bearish position when they're thinking it's going to go down. You know, so it's pretty cool that we have many more products now that you can actually protect yourself or make money when the market is basically soft. Yeah, it's funny you bring that up. We were talking with our traders and a few other folks on our Monday call this morning, and it wasn't that long ago, and you know this well, really the gold miners, you know, your nuggets, your dust, your JNUGs, your JNUG, they were really what I'll call the hero products in our lineup. That's where the most trading volume was. The assets were, activity was happening on a two-way basis. Last couple of years, the trading has moved toward TechL, which is the broad-based S&P 500 Tech bull fund that we have. Also, SoxL, you know, just in the semi-side. And a few others like WebL, that we, WebL and WebS that we launched recently just focused on those kind of internet names. But now, again, we're seeing a fund like FAS, which is a bull financials fund, FAC is the bear. Come back really strong in the last couple of weeks from a volume perspective. Also, I'd encourage folks to look at a ticker DPST that it would stand for deposit. That's regional banks on the bull side. So, there's a breadth of products that traders can look at, particularly if we're saying, if we believe we're in an environment where growth stocks may be a bit softier, or even if they come roaring back, we're gonna be, it's gonna be a big battle here as the market digests the pace and path of these rate hikes, because we know what's coming. Powell was very concerned about making a mistake communication-wise like they did in the fourth quarter of 2018 and saw the market tank 20% before bouncing back, that that doesn't happen, but the market's moving here. So, traders need to stay on their toes. Yes, and I'm elated you brought up these two ETFs because what you had, and the ETFs I'm talking about folks is the DPST, which is basically the regional banks and of course the FAS, which is the large banks, because the reality is that, okay, it's a large turn in the market. Everyone's telling us rates are going up. And if you believe that folks, the bottom line is that banks are gonna make more money. And you know what's so wild about that, Dave, is that the banks don't even have to trade like an investment bank, I need a deal. They already have the money. So if the spread gets bigger, guess what? They're gonna make more money. I mean, that's how it shakes out in the banks. Yeah, no, you're absolutely right. So the setup here for financials from a trading perspective, going into earning season, which is kicking off this Friday, which is crazy to think about. Yes. And really, with a bunch of the mega cap banks and others next week, this we gotta be on our toes and there's gonna be a lot of opportunities for action getting into Friday and then into next week for the financials. There's no doubt. Well, listen, thanks so much for the education. Really appreciate it. Look forward to speaking at two weeks from today, Dave. Talk soon. Thank you. Have a great one, have a safe one. Stay right there folks who come right back. Dows down, free 38, Nasdaq's up 159, S&P's off 41. 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 competitive 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 TAS Profile Scanner is the premier market profile based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks, ETFs, 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 TAS 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 4.00 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 at Dow. Dow investors right now down 320 at the Nasdaq of 136. SAPs are off 36. Let's go over to our mammoth to Steve Rose as we do each and every Monday at 20 past the hour. And don't forget, folks, Steve has an outstanding show here every trading day, one to two Eastern standard time, also a great newsletter, Mastering Probability. Now it's very easy to get Steve's newsletter, kick the year off right, folks, start it off right, get the newsletter, come over to our website at TFNN, you're gonna go right on the newsletters, just gonna see Mastering Probability on the right hand side. You can get the newsletter for one month for $149. You get it for six months for 6.95, which is a savings of $199 or 22%. And you can get it for a year for 11.95, which is a savings of $593 or 33%. Now they all come, folks, with a 30-day money back guarantee, you get them, you enjoy it, great, something works. If it doesn't work for you, guess what? You just tell us, you're gonna get your money back. Check it out right in the front page of TFNN. Steve Rhodes, what's going on? Football playoffs. I know, man, I know. And how about Pittsburgh, huh? I mean, you know, I was happy for Ben big time. I mean, I wanna see Tampa win, but if I didn't have a team, I'd almost, that'd be quite an ending to a career if you, you know, basically, yeah. He's a great, he's a great player. Yeah. You know, he is the type of guy that just never gives up, you know, which is, and many athletes have that same thing. Sure. But in the case of, you know, in his case, he's a, you know, you love watching him play. I love watching him play. Seriously. That's for sure. It seems like these guys, just like, I mean, three or four years ago, we're talking about hockey players, just keep getting better. Football players keep getting better, man. It's like, it's amazing, man. The catches that these receivers can make. Exactly. Exactly. That's kind of what I'm talking about, too. I know. And yeah, it's like, how do you do that, man? I think it's called a lot of sticky on their gloves, but still, even that, you know, even if the gloves are a little sticky, still it's extraordinary, you know, in real time, in real time fast action, it is amazing to see some of these plays. So tonight's game, though, that's the big game right now. We've got the Georgia, Alabama game. Oh yeah, all right. Oh, that's gonna be good. Okay, good. So that'll be a big game. That's something to look forward to big time. Yeah, I like it. Yeah, I play in a football pool every college football season. Okay. This is the first year that I have been, I'm tied in first place with two other guys. Oh. If I get, I've won the largest number of games. So if I win tonight's game, I win, I win the tiebreaker in the whole bit. But the question is, which of these two teams is going to win? It's gonna be a close game, you know, and... So who do you have? I'll be chairing for you. I have right now, I've got Alabama. I'll chair for Alabama, perfect. Yeah, and in my football pool, I chose Alabama and Georgia to make it to the finals. Okay. So during this football playoff season, and with Omicron and all the COVID, you know, so many games were canceled, so many games you had to go back and take a look at who was playing, who was out, you know, who was. I think so far, I think the staffs are pretty healthy or the players are pretty healthy. So that, you know, you're going up against, you're going up against, you know, just great teams. I mean, these are both kind of like NFL quality teams. So it should be a great game. I've got Alabama, I don't think I'll change it. But I won't be surprised to see either team win. No, that's the problem. So in any event, if we just get to the markets, you're real quickly. One of the patterns that I've shared with you and all of our listeners out there that I used to help identify tops and bottoms is the TD9 count. And so this morning at about 11 o'clock, we had TD9 count bottoms that formed inside the ES, the Dow Equity Future Contract, the YM and the RTY. The NQ, which staged a nice, as you've mentioned, staged a nice rally, that formed a buy the D point. So all four of these equity future contracts had formed valid bottom patterns. So that was cool was coming and doing the one o'clock show. Markets were still down and kind of pulling back was to be able to share with folks and step by step, walk through what the markets were communicating to us. So the TD9 counts really important pattern. I teach that to subscribers. We use it during the radio shows. And you may recall a few weeks ago, before we were coming at the end of the year, I had mentioned that this is starting to look real serious. So we could see a pullback of perhaps two to three years. And the reason is, is because when I took a look at the yearly charts for the indices, we had the Dow form a TD9 count top, the S&P, the Russell 2000, the semiconductor index, the NASDAQ composite, and the New York Stock Exchange. So four of these six indices that are on our charts out here show yearly TD9 topping signals. And we may just get a pullback into October. That's one possibility. The other possibility is this turns into something more ominous and maybe a two to three year pullback out here. So the last time, if you take a look at that, I think it's the S&P 500 where I've got the blue diagonal arrow. You'll see the last time we had a TD9 count, we saw that three year pullback. So that's part of where this comes from. If I take a look at Tom, the daily index charts out here, each of them have topping patterns. So the Dow's got a TD9 count pattern. The S&P has a butterfly cell, a cell, the D point pattern. The NDX100 has a Roadsman to Mindicator top. The Russell's got to sell the D point pattern. The Semiconductor index as a Roadsman to Mindicator signal. So we've got daily charts are suggesting, okay, we've got a top in place. Weekly charts, last week, we've got confirmations inside the Dow for a weekly top inside the S&P, the NASDAQ, the Russell 2000. So they asked the Semiconductors kind of the whole kitten caboodle. So, and one of the things that, what we should at least at a minimum anticipate here, Tom, is we're in the unfavorable seasonal cycle, which typically begins right in the middle of last week. So January 6th, I don't remember if that was Wednesday or Thursday of last week out there. But it's one of the days last week. So we should see the markets pullback at least through the end of the month, which is typically right around the end of January from a seasonal standpoint. If we do get some type of bottom towards the end of the month, and that bottom eventually gets taken out, that's what's gonna be another signal for you and I that the markets are likely to head lower, at least into the October timeframe. Now, where I come with the October timeframe, there's really two time periods during the year on an annual basis when the markets make their significant bottom. The first one is the end of January. The second one is typically sometime around the middle of October. So that's why I say, if we fail, if we, even if we form a bottom and then it fails, to me, that's a signal that we go down into that next bottoming timeframe, which could be October, or it could be more than that. So those are some of the things that I'm looking at. And you had mentioned with your last guess, volatility is rising. And you and I talked about this last week, this is a weekly chart of the volatility index. And this is at the bottom portion of the screen. And going back into the 2007 top, we had a rising bottoms, that's a yellow diagonal area. Well, guess what? We've got a rising bottoms pattern has been in place here since 2018. And when you put that together with those yearly TD nine count tops, that's what really has me concerned. But the real proof in the pudding will be, if we see closes below the bottom of the weekly profiles, and the upper right-hand corner is the ES mini. And those green lines, they represent the support levels. These are the bottoms of the weekly profiles, the task market profiles. Now, there's a new one, Tom, that's attempting to form. So I just wanted to update you and our listeners out there because the new level to be watching, assuming this takes hold, I won't really know till Friday, but right now we have to go with the data we've got. It's 45, 49. If we see the ES mini closed below 44, 45, 49, Tom, that's going to be a signal for you and I that we've got a change in trend in the market. And you got to take this stuff step by step. We got the daily top, we got the yearly topping signal sets caution, the daily topping signals that are in there, weekly topping signals that are in, a rising spot volatility index. And now we've just got these levels here at the bottom of these weekly profiles that will give us the final answer to this puzzle. And folks, take it seriously, as Steve just said, because the bottom line is that you can study it right now. It's a lot easier when you study it when it comes. Yeah, right? I mean, thanks, man. Totally. Great education, man. But we know what we've been doing is long enough. It's a lot easier aware of where are the signs, man? Where are the signs? That's right, that's right. Have a great one, Steve, have a safe one. Go Alabama! Thanks. Are you having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den Trading Room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows. Interact with other Tigers and Tigers' as they share trading ideas, news analysis, and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community, TFNN. Educating Investors. You could be making money off the stock market and if you're already making money off the stock market, you could be making a lot more. Check out TFNN and Tiger TV and get expert investing advice to give you the power to control your financial future. Go to tfnn.com and find the newsletter for you. Whether you're into trading gold, metals, futures, currencies, or options, you'll get advice and analysis to help you seriously get ahead. TFNN also features trading services with a 30-day money-back guarantee for new subscribers, as well as TFNN's Tiger Den trading room, trading software, and educational webinars for all trading levels. And make sure you check out Tiger TV for free on tfnn.com or TFNN's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. Eastern on market days. Stop watching on the sidelines while other people get rich and become the investor you were born to be. TFNN, educating investors. TFNN is excited about our new software charting program, the Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including Gartleys, ABCs, Butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks, to Dow. Dow Industries right now down 315. We get the Nasdaq off 118 S&Ps down 36. Let's go take a look at this equity right here. I'm in Andy and Boulder. Okay, it's QD, no, QQD, I believe. Okay, so QQD, let's see. Simply growth equity plus downside convexity ETS to track the U.S. growth equity market while boasting performance during extreme market moves via a schematic options overlay. The fund combines a passive NDX 100 exposure with actively managed out-of-the-money puts. Okay, so it's amazing that they can even come up with an ETF like this. So let's just go through this again. Okay, so I understand what they're doing here, but even before I look at the chart, Andy, I'd say that, no, don't buy this. And this is why. So watch what they're doing here. They're claiming, okay, well, they're not claiming, this is what they're going to do, but it's a fund that is the QQQ passive, NDX 100, right? And then what they're doing is that they're actively managing out-of-the-money puts. So what they're looking for on a continual basis, and this is what you are depending on if you buy this, is that, number one, they're gonna buy the right out-of-the-money puts. And number two, that the bottom line is that there's gonna be a downdraft, and inside of the downdraft, those out-of-the-money puts are actually gonna come into the money in order to basically leverage out and make it delta-neutral. So what delta-neutral means, folks, okay, is this. Delta-neutral would mean specifically that, let's say this equity is right now at $30.60. Well, a true delta-neutral trade would be an offset exactly of $30.60, which is very hard to do. You can do it. Portfolio-wise, it's actually easier. On the Bloomberg portfolio-wise, I can put my portfolio in and hit a couple buttons and it can tell me exactly how many puts you'd have to buy in every industry in order to be exactly neutral, and then you'd know what the insurance would cost you, because that's what it is. So the bottom line is that, let's go look at the allocations. It's a QQQ, that's the bottom line. That's the QQQ. So no, I wouldn't buy it, and I wouldn't buy it for that reason, meaning that you're still depending on someone turning around and buying out-of-the-money puts, and outside of that entity, you can see there's only 11,000 shares traded. This fund is illiquid. Yeah, 32,000 is the normal. Yeah, I don't think that fund will actually, well, here, let's look at it one second. Oh, we can find this out. Let me see this. Okay, so issued. Where is issued performance holding? Allocation, let's see, organizational. Organizational. I'm trying to figure out when this started, because it looks to me, I would say it looks to me like, oh, thank you, 12. Yeah, they just started. They, this won't, they'll end up canning this fund. It's only $17 million market cap. And you have to get that, because they have so many regulations, folks, these market caps have to be really large, even though you can see this there, they're making four tenths of 1% as a fee, but it needs a lot more than that. To stay in business. I suspect it's not gonna stay in business. 877-927-6648, look at this bump up in the NASDAQ, NQH. This is a nice bump up. So NASDAQ right now, when I started it out, we was down about 115. It had a little blip down, and now you're going right after the highs again. And let's see what time is it, 3.34, this will blow people's minds. There's plenty of time. 6.04. Yeah, there's plenty of time for this market to be flat coming into the close. And that no doubt will blow some minds. You know what I am gonna do after I get off though? I gotta reset my head. And when I was talking about Dave Mazner, I was talking about when Greenspan actually went up six times in a row, the way that the market is playing out here, I can see the Fed going four easy. And what happens, folks, what happens when that happens, you know, the Fed would come out and everybody would be used to, okay, we're going up another quarter percent, we're going up another quarter percent, we're going up another quarter percent. Well, Greenspan did, I believe, he went quarter, quarter, half, quarter, quarter, quarter. And that was when he basically, that was the first time that I really got to understand when they talk about taking a punch ball away, they normally go over the other side too. Let's go to John in New York. Hey John, what's going on? Hi Tom. How you been, man? Okay. Good, okay, so double-line income solutions, huh? Yes, I have two questions. Yes. It goes X dividend on January 12th. Okay. Record January 13th. Okay. When does the dividend usually gets subtracted from the price of this stock rate? Yes, that'll be the day of X dividends. And the morning or the closing? At the morning. Of the opening, okay? Yes, yeah. So what he's saying, what happens to this, folks? Stocks at 16.29, let's say I have to pay the dividend of, who knows, 20 cents or something. 11 cents, yeah. It basically comes right down at the open, yes. What's cool about when you get dividends in that aspect, if you get a positive day, folks, what happens sometimes is that, it's supposed to, because that's cash coming out. What's supposed to happen is that it's supposed to come down, let's say it's 20 cents, okay? It closes at 16.30, it should open at 16.10. But if you have a good day in the market, it might be 16.15, and you just pocketed it. But fundamentally, that's exactly how it happens, which you said, yeah. But you have to be the owner of record on the record date, right? Oh, yeah. So the 13th would be the record date. Right. And does it pay? I'm sorry, I'm watching you on the screen so it's confusing, sorry. That's all right, just ask me the question. I have the screen up, I'm looking at it, you're looking at it too, I have the screen up. I'm trying to find the dividends, I can't seem to find the dividend on here. I'm sorry, what did you say, John? Does it pay to buy it on the X dividend date at the open? No, no, no, no, no. That is way too tricky. And picture, if that worked all the time, we'd all be doing it, yeah, no, it's not how it works. The way to look at dividends is this, if you like the equity and you wanna stay in the equity, dividends are awesome, okay? I don't even mind to pull back if I really like the equity and then I feel like I got an extra bump as long as I'm holding the stock, you know what I'm saying? So, yeah. This is managed by the double line, which is Jeffrey Gunnlack. Okay, just stay right there, we're gonna come right back. Stay right there, folks. iPhone number's 8779276648, we got the Dow Industries down 290, NASDAQ off 83, S&P's down 28, we'll come right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at tfnn.com. That's 727-329-8322, 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 value 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 $37.50. Sign up for Dave'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&P Biotech three times, bull and bear ETFs. Visit directioninvestments.com slash biotech today. An investor should consider the investment objectives, risks, charges and expenses of the Direction Chairs carefully before investing. The Prospectus and Summary Prospectus contain this and other information about Direction Chairs. To obtain a Prospectus or Summary Prospectus, please contact Direction Chairs at 866-476-7523. 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. That's 1-877-927-6648 internationally at 727-873-7618. I'm O'Brien. Welcome back, folks. We're talking with John from New York and we're talking about DSL. So this is pretty cool, John. I was just talking with some of the Tigers in the den here. So this is pushing off an 8% dividend. I'm sure you probably already know that, but it's paid monthly. Yeah, I would stay right there. I mean, if you're on this, because see, look at these holdings. What's happening in these holdings, right? Come on, baby. Come on up. I was looking up and there they are. So inside of these holdings, what you have is this. Okay, so you can see Brazil. That's going to be basically all about oil. Petrobras is all about oil. You know, you get a nice, you know, you have 17% commercial mortgages, 16 oil and gas, other 15. The risk is pretty high. This is kicking off some money, man. You know, so I mean, if you're happy with 8%, stay right there, man, because it looks to me like that'll be kicking it off for a bit. Okay. Okay, man. Another question, if you have time. Yes, I do. Jay Powell said he's going to raise the rates three or four times in the next year. Yes. Is that reflected in the bond prices already, or what's going to happen in the future? In the next year? Yes. Is that reflected in the bond prices already, or will it be reflected when he does the raising every quarter, whatever? It's both. So yeah, let's bring it. I'll bring up the 10-year right now. See this 10-year right here? So I'm going to bring this down to the 2-year first. See how the 2-year right now is, that's at 9-tenths of 1%. You can see the last watches. So I put this back a year. When I put it back a year, you see how it was 1-tenth of 1% was the low. Now we're at 9-tenths of 1%. Okay, so you're up 800%, right? 900% in a year already. The Federal Reserve has the power over the shot end of the curve, meaning the 2, the 5, and the 10-year. The way to look at this is that if you're thinking about mortgages, you've got to think about 4.5%, and right now they're at 3.5%. I expect they'll go up another full percentage. Because what we've also had is this. It's the supply and demand equation more so inside of the mortgage market. People think that the mortgage is just going to go through the roof, and they're not, because what happens is that there's so many people that have already refinanced at low rates, they're still, the mortgage rates themselves, well, they're the highest they have been in a year last week, okay? But we're still talking about 3.25%. So when they go up, they're talking about the discount rate. So the discount rate right now, I believe is still at zero. It's at zero to 0.25%. That's the rate that they go up on, John. That's the discount rate from bank to bank. What's supposed to happen is as soon as they go up, simultaneously inside the bond market, there we go up a quarter percent. But the reality is that we've already went from, if we do this, watch this, if I do this in three months, we probably already went, as you just said. So we just went from, yeah, we just went from 1.34, yeah, we did. 250, we just went up more than a quarter percent, actually. Two, because if we take that 1.34 at 250, with that's 5.90, and we're at 7.5, we've already gone up, let's see, a quarter percent, and we're almost up another eighth. So we're basically up 3 eighths of a percent right now in the last 90 days. So it's kicking in. The way that I think, you know, if you're worrying about percentage rates going up, folks, they're not going to go up dramatically. But the economy is cranking, and people do have money, so they have to clamp down somewhere, man. Inflation's raging. Let me ask you this, John, what do you think prices? Where are you on prices? Well, I have the Vanguard short-term bond fund, and it's down, I'm losing 200 bucks right now, and I'm thinking of selling it. Okay, so that bond fund is a positive bond fund, right? A bullish? What's in that bond fund? It's mostly government securities, I think, right? Yeah, okay. So this is what the difference is. If you want to stay in bonds, I would move that out, because what ends up happening, if they move the securities out, right, the difference is that you're still part of the fund and you're going to take either the up or down of that. The best way, if you're happy, folks, let's say these rates keep going higher. If you're happy with a rate, go to Treasury Direct. It's a great way of buying treasuries right off the Treasury. There's no fee, there's no nothing. The difference is that you're buying the bond right off the Treasury. You hold the bond, you get your interest, and end the story, man. That's the way to do it. Bond funds, because they will try to basically, they don't hold them to the end, can lose a lot of money in a high-rate environment, for sure. So if you think that we're going in a high-rate environment, the way that you would do it is this. Let's say that you got, you know, 50,000 invested. You could go like this. You could go month-by-month by 10,000. 10,000, 10,000, 10,000. And then within six months, you'd have, it's called, laddering bonds. You ladder the bond, and you're in great shape. You pay no fees, you know what the exact, you know, interest rate is, and you're going to get your money back, because it's the government. Something to look at. Thank you, Tom. Okay, man. Have a great one. Have a safe one. And the question is, what's bonds? Treasury direct folks, you can buy every bond that the Treasury auctions off. Okay? It's pretty cool, you know. So if you haven't been over there, it's definitely worth going over, getting to understand how that works, because, you know, in a high-rate environment, that we're coming into, if you ladder bonds, it's going to be a nice way that you can sleep at night, the bottom line, you don't have to worry about it. So, you know, it's cool. Okay, let's see what we got here. We got roblox. Let's go see where roblox is going to go. R-O-B. One second. Sorry about this. I'll get this. R-B-L-X. Okay, so we got a tiger that bought this this morning. We got a nice bounce going. We got a nice bounce going. Oh, this is nice. Oh, I like it. So, look at this. Look at this, man. So, the gap was $79. Oh, my God. This is sick. Look at this, folks. This blows my mind that you never heard me say this a million times, but it still does. Look at this. The top of the gap on this equity is $79 and two pennies. And guess where it went, folks? It rejected $79 and two pennies. Now it's at $84 this morning. Okay, so the bounce, you can get a bounce easy to $93. You're at $84. And where I'm going with that, that's the last time that we went lower with volume. You get some action here, man. And particularly because, you know, guess what? It went straight down from $141. I believe this company, this is a high flyer. I believe it's still losing money, though. Let's see what they do. I know what they do, but I'm just seeing. No, they're making money. Yeah, they're going to make $0.53 this quarter. Taking $780 million, make $0.53. Yeah, you got action here, man. Stay right there, folks. 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 4.00 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. 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? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Are you looking for a secured investment which pays you on a monthly basis? The target first mortgage program may be the program for you. The best rate on a five-year CD in the country right now according to bankrate.com is paying 1% per year or $1,000 per 100,000 invested. The target first mortgage program pays 7% per year, paid monthly on secured, high-value billable properties in St. Petersburg, Florida. The investment is for four years, paying 7% per year or $7,000 per 100,000 invested. Your investment is secured by high-value real estate in St. Petersburg, Florida. Your investment can be anywhere from 100,000 to 500,000. Do you want to make 1,000 per year on 100,000 invested or 7,000 per year on a secured target first mortgage? The target first mortgage program may be just the program for you. The target first mortgage program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. Welcome back folks. Dow Industries right now down 223. Get the NASDAQ off 31. S&Ps are down 17. And these NASDAQ futures folks, this is something to keep your head wrapped around here. We were talking about they could go flat and it looks like they're going to be flat. Maybe they'll turn green. This is important to understand. The size of this hammer out here today is saying that you are going to get a monster bounce. I mean, I've seen candlesticks for quite some time. I mean, I use buyers myself. But the bottom line is this, is that when you get a candlestick like we're going to have right now tonight on, you can expect a monster bounce. That's just how it works. And what's going to happen also at 547, yeah, is that you're in the larger range again. Anything inside of a 15,547 brings you right back in the range. So you broke downtown, you broke, so check this out. This was amazing. You broke right to where we broke out from on the 23rd of August. And here we go, we're going green, man. This thing's going to bounce. And this is something you really want to watch like a hawk because when you get something like this, you get a bounce. It's like, you know, you can go to the highs. That's the reality. We'll see where we'll kind of pick up that we actually get. But when you do have something like that, guess what? You can go a lot higher and that really blows some minds. There's no doubt. This is pretty wild. This is about as good as you can get. There's no doubt about that. Dow, Dow industrials that see the Dow never made it down to any of the swing points anyway. The bottom line, the Dow rejected price, you know, going into strength, going back from the 23rd of August. I mean, November. August, November. December, sorry. Yeah, 23rd of December. That rejected the lower price. That's going to want higher price. And we go to the composite. We take a look at the composite. Same deal. Composite. Well, the composite came back to how we came off the bottom. October 14. Always remember folks to back and cry out the bull can run you over and thank God there's always another trade. Hope that was a prosperity. Have a great night. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9 o'clock in the morning. Great show folks. Yeah, well yeah, folks.