 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 on the internet at tfnn.com. Always remember folks, whatever you think about, you bring about whatever. You focus on growth, hope everyone's having a great day, safe day, let's make it a great night folks, and a great week. Love coming out of you makes you happy. The whole world can love you, but that's not the love that'll make you happy. What will make you happy is to share all the love that you have inside of you. That is the love, that will make a difference. Not gonna lie, let's take a look at it out here. We have the Dow Industrial's down 3.36, Nasdaq's off 2.75, S&P's off 62, gold contract off $1.30 traded at $19.54 an ounce. You get silver down 48 cents, 24 at all $0.78 an ounce, light sweet crude up a buck $0.64, $103.83 a barrel, notes and bonds. The 10-year note, down 23 ticks, trading $1.1825, the 30-year down a full point at $140.03 in Kingdala. Kingdala's up $171 ticks, trading $100.561. Euro out here at a price point of $108, yen $128.23 in the British pound, $130 to one U.S. dollar. iPhone number's 877-9276648, give us a call folks. One note's going on in y'all world, and the world of the S&P's, let's take a look at them. What do you have? Well, first off, let's go to the futures. When you see this price spread out here today, it's pretty intense, folks. Bottom line, we bring these futures up. Right now, you're down $65. I'm gonna bring them up intraday and see where we're at here. So, we got to a high of $4,509, and the bottom line is that we are 129 points off of that level. And we're accelerating with volume. Let me just see if this is gonna be an ABC down. So, yeah, let's see, that's 45,000 contracts. 42,000, yeah, you got an ABC down. So, it's a big one too, let's see what this is. So, the top of this is $4,509 to $4,422. So, we got, you got 78, and you got 87 S&P points. That's gonna get you somewhere down on $4,350. And right now, you're at $4,389. So, that's how this is shaking out right now. The NQs, we take a look at the NQs. You're gonna see the same type of setup inside the NQs. The high for the NQs out here today, yeah, see, this is pretty wild, I can see the NQs actually a week or two. The NQs have already basically taken out the lows that were established out here on, what day, on Tuesday. So, the high of the NQs today was $14,283. My God, you're down 283, you're down to 683 ticks. That's some heavy numbers, man. The NASDAQ is just brutal. Okay, so the Qs, I mean the NQs, that's not an ABC down, but that being said, intraday is not, it's already got smoked. Oh, that's right, I see what's good. Yeah, so you already have, you have a larger ABC down. That's what's going on with the NQs. So, let me just see the top of this. The top of this is $15,262. So, I can't remember, $262. $13,007. Yeah, I'm gonna do that during the break. It's a monster. It looks to me like the NQs will blow out the last bottom that we had already. That's how this is shaking out. Gold, what the gold contract did, gold has rejected lower price, has light volume on the rejection, as it did yesterday, and we'll see if it can get any juice going up. Right now you get, you're down to 250, we hit 1938, you're trading at 1953, you only get 145,000 contracts, and you're gonna see, I believe it's going into, what's that, 184,000 contracts. The low there was 42, we get to 38, rejected it. Notes and bonds, all the 10-year note, I mean, bottom line, I appreciate all you folks listening. We know this isn't an ABC structure on the way down, man. Bottom line is that ABCs like to basically get to a D point, and in this particular case, bottom line, I think it was 117 when we did this. We're at 118.24 right now. If we go to the TLT, that also is an ABC structure on the way down. This is only down to buck 30. Now the TLT, that's interesting, that's holding the lows out here today, but I don't expect that's gonna last much longer. And if we go to the 30-year, what you're gonna see at the 30-year, US one 30-year right now, that's straight in 140.02 and bring this back. I got this on a generic chart. What that means, folks, is that the futures are put together. Okay, so we're at 140. It's going up to 136. You break 136 and you're gonna be game down to this 127. Now, let me bring up, I wanna bring this up so you can see, if you're watching Tiger TV, folks, I'm bringing up the Fed futures. So when you're looking at this, this is what I want you to look at. So you see how it says the Fed funds rate? Okay, when the Fed is talking about what they're doing, meaning Powell's saying, gotta go up 50 basis points. The next meeting, he wasn't saying it specifically, he says he's on board though. Right now, you can see that the rate is only 0.25 to 0.50. The Fed has already said the neutral rate right now. And what the neutral rate means is that if they get this, well, they think the neutral rate because no one really knows until you get up to that point because it depends on how fast inflation goes. It's 2.5 to 3%. Well, guess what? We're at 0.25 to 5.0. That's the first part. So he's saying, okay, 50 basis points is game but then I want to show you this too. I'm going to pull up the calendar and when you pull up the calendar, what you're going to see, we can do 50, 50, 50, 50. That's two, 50. They would have to go up 50 basis points on every meeting up to November to get it to 2.5. Rates are going up, man. Stay right there, folks, come right back.