 of T. F. N. 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 Alan Homassasa. Hey Al, what's going on? It's been wonderful. This gentleman here with the gold report right before the market fell apart. Ended up with T.A.A.S., we have a 98% gain in the year and I mean we want 99% proof like Irish whiskey but we had a good gain there. He always told us to do what we feel comfortable with and if I lose a little bit of money on the table I will but I know that I just pocketed eight or nine thousand dollars for two weeks. That's a beautiful thing man. Now Tom O'Brien. Welcome folks, this is Tom O'Brien of T. F. N. N. We go five days a week, we go seven hours a day, we go 24 hours a day on the internet at tfn.com. Always remember folks whatever you think about you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. It's a TGIF folks, nothing like these short weeks. Make it a great weekend. Always do your best. This is a great weekend card. Take action on your ideas. Doing your best to me to take action on your ideas. You can have any ideas in your head but without action upon that idea there'd be no manifestation, no results, and no rewards. Mock it wise. Let's take a look at it out here. We have the Dow Industrial's down 103. NASDAQ off 39. S&P's down 12. Gold contract down $8.80 traded 17.91 notes. You got Silver down 31 cents. $23.83.86 an ounce. LightSuite crude up a buck 67. $69.83 a barrel notes and bonds. The 10-year note down 10 ticks trading $133.05. The 30-year off 29 at $162.21 and $Kingdala. $Kingdala's up 103 ticks. $92.582. Euro 118. Yen 109.89 and the British pound at $118.01 US dollar. iPhone numbers 877. 9276648. It was a call, folks. I know it's going on in your world and the world of the S&P's. Let's take a look at them. What do you have? Well, bottom line is that we had a failure in pricing volume yesterday. Very subtle but the bottom line is that that's what, uh, GPOG. That's what we had. You have follow-through today. Now what we have out here today is that you are going to have that expansion of volume. You know, what you had yesterday, bottom line, you did, uh, $57 million. We're at $48 million right now. This is going to have some major selling coming into the close right now. Now the number to keep your eye on inside of the spy is $447.11. You close inside that. That basically sets up down into $436. If we get inside $437, that sets up going all the way down the high volume low, which is $421. That's where my take is that that's where we're going right now inside of the spy. $421. We're at $447. And the X100. We take a look at the end of the X100. That failed on pricing volume also yesterday. Bottom line, you're going to have an expansion of volume out here today. Uh, yesterday we did, uh, $29 million. You're already at $28.6. We probably ended up doing about $40 million. So now that set up, the first leg down is $368. And we're at $378 right now. We'll see how that handles. And what that is, folks, okay, that's getting inside the lower range. Now let's go over to the Dow because the Dow industrials has let it down. You don't see this a lot. You know, bottom line is that, you know, um, in large corrections I've seen it, which could get kind of pretty dicey here, man. Um, the larger corrections, uh, you know, many times I've seen the Dow start correcting. The NBX don't even start correcting until like six weeks after the Dow. The Dow is definitely in a correction mood right now. Uh, we'll have, we'll have with the Dow. The Dow basically hit an all time high on August 16th and almost a month ago. Bottom line, we're at $34, $758. And as soon as you go back inside the $3509 bottom line that, what does that set up? That sets up a high volume low, which we have out here at $33, $720, $33,271. So that's 1500 points from where we are. And I think that's how this thing's going to shake out. It's going to be a high end consolidation. Um, you know, now the reality is, is that because we haven't had a correction in so long, if that's where we go, you'll see some like probably heavy selling very quickly. And then you're going to get some nervous hands because of the fact that we've continued to go out into higher price on a continual basis. Gold, gold contract out here. We had a low out here today of, uh, 1789. We've had a high of 1796. You're trading out at 1790. You got a sideways move, not much happening out here inside the gold market. Uh, we take a look at the silver market and December silver right now that's trading down 33 cents. We've done 36,000 contracts. That's going to be like contract volume. It's going to be interesting here, man. If we, uh, yeah, that's going into 67,000 as well as 63,000. So you're going to need a lot more volume to get to lower price. The GDX, we take a look at the GDX out here. GDX is still pulling back. Hasn't caught a bid. Bottom line, um, you know, we'll, we'll see if they, if it can catch your bid, you know, you're going into strength. There's certainly not sellers, but you don't have buyers either. What we have out here is that yesterday we, uh, came down on, uh, 20, 20 million and you were going into 43 today. You're at 11 million. So we'll probably do about 13, 14, you get that contraction of volume. What we have not got yet is a rejection of lower price and you need both in order for markets to turn around. Apple, we go take a look at Apple out here. What you're going to see with Apple, Apple is off its highs now with volume. You know, Apple's down with 116 million shares. Um, it's going to make a difference folks. Okay. The bottom line is that what you have with Apple is that you had, uh, Apple was ordered to make changes to the way that it generates money from its app store and a ruling that chips away at the iPhone's markets grip on the $100 billion market for mobile phones. Uh, this, this is, uh, this baby here that the federal judge said Friday, Apple must let developers of mobile applications steer consumers to outside payment methods granting an adjunction sought by Epic Games in the year long battle. Yeah. Bottom line is that Apple's going to be, um, flipped out that they actually decided to take a fight with Epic. Um, and you know, it's pretty, it's pretty wild that, uh, Epic felt like they were strong enough to take on Apple. They don't always took them on. They won. And it's probably just the beginning of Apple's products. Okay. Uh, problems rather, because the bottom line is that, uh, there's no doubt what they have done is monopolize that whole app store in a huge way, 30% every three dollars, every 30 cents out of every dollar taken in. It's like such a joke. It's insane. There's no doubt about it. Uh, let's see the question about the, well, what happens with, we probably don't, the question about the ABC structure, uh, and Apple, what happens is that we don't even have the, you take the very high as the eight point means free 57, but you don't even have the A to B established yet. And where the question is, um, September 7th. Yes. It's September 7th. That's a question. Yes. September 7th. The high would be the beginning of it. No doubt. Stay right there folks. Come right back. Our phone number is 877-927-6648. We have the Dow Industries down 136, Mazdeck off 63 S and P's off 15. You can expect more selling coming into their clothes, folks. 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 markets 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 feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks, ETFs, commodities, futures and forex. 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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. All now toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks. Dow. Dow investors right now down 137. You get the NASDAQ off 62. S&P's off 16.5. And let's go take a look at the NQs for a second. So at the NQs, we, you know, what you have here, you're only down 54-4 points. That being said, though, we were up at 15,660. So from where we were this morning down, you've had quite a run. Bottom line is that, what, that's, yeah, it's 160 points. Now, when you take a look at this on a daily, it doesn't look that bad. But what you do have is this. More than likely, we are set up to jump a creek. Small creek, okay, but the bottom line you can see is kind of set up pretty well. Trading for the last 10 days. Monday morning, Sunday night. I suspect this can jump the creek. And jumping the creek means you just gap low. Inside the Dow industrials, strength versus the weakness, because you want to stay all over the Dow understanding that the Dow has let us down, folks, okay? It's the first one to get back inside its lower range. So that's saying that higher probability is going to go much lower. United Health is putting minus 57 points, Apple 31, Salesforce 22, Boeing 19. Strength inside the Dow is Home Depot plus 14, McDonald's plus 12, and Nike plus 7. Let's go over to Nike, because Nike looks to me like it is setting up an ABC structure on the way down. You know, we are down with volume. You popped higher with volume. That's a nice setup. Okay, here. So check it out, man. So first off, Nike has, it's screaming that it wants to go to 154. And the reason I'm saying that, that's when they come out with numbers. That's when a gap tire, we gap tire from 132 to 154. That's great when you own the stock. There's no doubt about it. It's a disaster when you stop pulling back into that area, because gaps this big, particularly this big folks are like a magnet. They just pull them right into it. And once they get into it, it's the fricking black hole in you gone south. Now, what Apple did is this, Apple came off the high of 174. We got down with some volume to 159. You popped higher yesterday and didn't hold price. Today, what you did is that you got the 165, 166 kind of sideways move, huge contraction of volume. That is saying that bottom line, it wants lower price. That's how this baby works out. What we will see is you will see more action inside the Dow industrials as Apple runs to lower price. Inside the, and the X100, the strength versus the weakness. Peloton, man, you talk about a bid. That's up another 9% today, $9.67 at 116. You got match.com up 4.7%, zooms up 2.9, activisions up 2.4. Taken away from it. Intuitive surgical is down 4.5%. You got O-K-T-A off 4%. Pfizer's down 3.6% and Trip.com is off 3.5%. We go to the small caps. We take a look at the small caps. What we have with the small caps out here, you got light volume. This is cool, man. Okay. So inside of the small caps, what you have is this. The IWM is coming down, testing the lows that were generated out here on Tuesday, now Wednesday. We did 25 million shares. You're only at 15, and you're going into the strength, which is 33. So you got 17 against 33 right now. The reason that this is pretty cool is this. My take is that the IWM still wants to basically get up to these highs of the 233. What you have there inside of the small caps, and that's what we saw the signs of strength last week when the oil market was going, there's a lot of gold and oil equities inside of the small caps. So what does happen is that when the small, when the market still goes down, if in fact the commodity stocks are up, that's where all those commodity stocks are in, and they go top side and they go top side in a big way. That's how that baby shakes out. We're going to take a look at the, let's go take a look at notes and bonds. We take a look at the note and bond market. What we have out here is that the 10-year note right, right now is down 11 ticks. This is dramatically lighter volume, by the way. Okay. So the bottom line is that this still wants higher price. We got a million contracts traded and we're going against 1.4 million. So bottom line, that still wants higher price. And I got to find this story because you have both the Fed governors that we talked about yesterday that were basically trading. They basically came out with a letter saying that they're not going to trade anymore and that's it. Well, the bottom line is that they not only were trading, I got to make sure I get the right person now. One of them folks was trading five year and less bonds. Okay. And you talk about having the inside wrap on that. Okay. That's about as heavy as you can get. Okay. Because the bottom line is that if the Fed controls one thing, it's the short term rates and he was trading an ETF with those five year minus, when I say minus, five year or less bonds. Okay. Was out here today and that's pretty disgusting, man. They should just fire them. That's the real bottom line. The thing that's pretty amazing is that they're saying that they did everything they're supposed to do as to what the regulations were for the Fed. But guess what? Evidently there weren't any regulations that stopped them from basically. Wouldn't you just love to be the person number one that you can vote on rates, short term rates? Because the Fed reserve absolutely controls short term rates. That you are the person that votes to control short term rates. You are in the room when the votes are taking place and yet you can still trade notes. Okay. That's insane. That is absolutely insane. But and it just goes to show that, guess what? There's the Fed reserve has some problems on its hands. There's no two ways about that. We'll see. It's not that Powell can do anything about this. Okay. But public relations wise, they get some big problems right now. Let's go take a look at a couple of the big dogs out here. We'll go to Amazon first. Amazon's been trying to close this gap. It got up to the gap. The gap was 33580 and we made it 3549. You know, now we do tablet Amazon, which is pretty cool. Amazon's backing down with light volume. So, you know, this can back down with light volume. But that's still saying that this still has some juice inside it. Google, we take a look at Google out here. What do we have with Google? Google right now. That's downward volume. Okay. So so now the market's getting a little worried folks. Okay. About the aspect of intertrust about the grip that the large tech companies actually have on business. And you can see it with Google too. Google's coming off the highs. It's coming off the highs with volume down 54 bucks. You've already done 1.1 million shares after making a high with 795,000. That folks is typical of larger corrections. Okay. So I suspect what we're going to see with Google, we're at 2844, 2800 is the next stop. You get inside of 2800, then you're talking down to 2550. Stay right there folks. Come right back. Are you having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? 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Using this first-of-its-kind program, the Art of Timing the Trade Chart allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Chart 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 going to 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 Chart 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. A doubt. Doubt industrial is right now down 155. You get the Mazik off 89. S&P's off 20. Let's go to our man, Dave in Chicago. What's going on, brother? Oh, not too much. Just getting to end the summer here, you know. Yes. Feels like it, you know. That's good. You're going to get some nice fall weather there. That's a beautiful thing. You've been getting some really nice, you know, like 70, 75 sunny big, big, big white clouds. That kind of stuff has been really nice. Those big white clouds are gorgeous with the blue behind them. I know, man. I mean, the weather's broke here last couple of days too, so it's pretty neat. I mean, this is early for us to break, so I'm hoping it stays that way. Yeah. When I say break here, it's like 85, but the humidity has gone away. There's no doubt. So it's pretty cool. That's cool. So the OIH, right? Yeah. I was checking out the OIH and I was listening to you and I heard you talking about skipping this creek, which at first I'm thinking, that sounds like a good thing. And then you said, no, it's not. So with regard to the general indexes, like, you know, I don't know if you talked about the NASDAQ or not. I thought I heard you talking about the S&P and Dow a bit, but I didn't know if you talked about the Qs or not. Yes. No, that's what I was talking about, that the Qs look to me like they're going to jump the creek, right? So you're down 192. You're trading $377. I mean, it looks to me that this is going to get down to like $352 or something. Yeah. I know that one of the senior guys from Morgan Stanley has been calling for an index pullback for a while. And I wonder if that, if you have any feelings about that, if you think that's kind of, is possibly to set up with this, the down that we've had the last week or so. You know, we haven't got any type of correction in so long that, I mean, everyone that is looking for correction, including me, is like dreaming, okay? My take right now is that, yeah, we're already in it actually. Now, it's really intriguing here, right? Watch this. Like, if you just listen to what you just said, and this is where I think that this is where people are going to get really nervous. Like, we're still at highs, but yet I could hear it in your voice and how you said it, like, oh, we pulled back, man. Do you know what I'm saying? Yeah. Right? Yeah. And it feels worse than it really is. Well, that's because, and this is what happens, folks. And this is where we could run into a problem. That's because what has happened is that everyone's made so much money that everyone just keeps putting money in and parlaying, parlaying, parlaying, right? And so what happens is that when the market just goes down a little, okay, the accounts get hit in a big way. Like, I remember when I used to do a lot of workshops, right? You know, years ago, people would always say, well, there's still plenty of people that say, hey, there's no problem with buying on the way up, right? Well, I used to do at the workshop the math on that. And the math on that does not work, okay? You know, buying on the way down is what works, okay? And I know people say, oh, you know, you shouldn't be doubling down, tripling down. Well, I always taught that if you're going to go in to buy something with 1000 shares, go in at $3.30, $3.30, and $3.30, and know that you're going to buy on the way down, you know what I'm saying? Because the math works. The math, you know, you could be in a great winning position. And then as you go on the way up, all of a sudden, the market can pull back 4% and you get killed. So, you know. Right. Yeah. The OIA, I think the OIA is still in great shape. I mean, where our problem could lie, and I mean, I'm nervous, and it's good, I'm nervous, is the aspect of if we are in a correction, are they going to throw everything out? Or, inside of the correction, is the dollar going to get down, the commodity is going to go up? And we don't know. That's the real bottom line. Technically, it's still set up nice. The OIA right now, bottom line is that you're, you know, you're 182, you know, you had strength up there, what, a week and a half ago, that's saying that it really does want to go up to its highs again. And the oil contract itself is there. And fundamentally inside the oil contract, okay, the bottom line is that we had to basically release oil from our reserve. China had to release it from their reserve, because it's not basically enough oil right now. You know, in our case, the Gulf of Mexico folks, okay, this thing got smoked in a huge way. One of the rigs, okay, so you get a picture, these rigs get 275,000 a day off the oil companies. One of these rigs they think is not going to be fixed until next February. And if that's the case, that's going to be a lot less oil coming out of the Gulf of Mexico. So, you know. Yeah, they've been talking, if you're watching, well, some of the shows talk about like the rolling corrections going on. So, I mean, in terms of the, so you think there might be a chance that oil and commodities may get a pass or they might be thrown out with the bathwater type. Most of the time, this is the problem that you're going to face. And I'm facing right now is that most of the time when you get a correction like this, they show everything out, everything is down. You know, we'll see if that's the case. But that's the problem, yes. Okay. Okay, man. Well, thanks for your read. The cool news is that it's sunny and beautiful out in Chicago. No, it is. Yeah, it's really nice, hoping we get an extended summer here, so. Totally, totally. Let's go to, hey, have a great one, man. Have a safe one. Thanks, Dave. Okay. Let's go to Andy in Boulder, Colorado. Andy, what's going on, brother? How you been? I'm doing great, man, yourself. I can't complain. That's a beautiful thing. So, TZA, right? Yeah. Let's take a look at it. So, the TZA is the direction three times bare position inside of the small caps. Yes. Now, do you own this? You're looking to buy it. I played it a little bit yesterday. Okay, stay right there. Just stay there, man. Well, I already got, I hit my price at the very last second yesterday afternoon. But yeah, and that's why I wanted to talk to you about, I know that these things probably should only be played daily, but darn it, if it's not tempting to just stay and hang in to this trading range, you know, it's been range bound like the IWM, it's just been a great play for the past number of months, you know? So, it's hard not to stay in it. So. That's correct. I was wondering what your take is still on these directions. So, I do exactly what you just said. And when there's a trend, so it ends up happening, these are daily investment vehicles, folks. But the bottom line is that when you're in a trend, like this one here saying, okay, it can go to 35, I would, if I was in that equity, I would have stayed in it. I stay in them. The bottom line is I'll stay in the trends. If you get a choppy market, you'll get killed, okay? But you get a trending market, it's pretty cool, man, do you know what I'm saying? So. Yeah. Yeah. No, I mean, when I say stay in them, you're talking a couple of weeks, not a couple months, man. I've had people leave me with a couple months and they really, it's sad because they really don't understand how these things work because if you get a sideways market, whether you're a bull or a bear, folks, they both will lose. That goes right back to the math again about going up 10% and down 10%, do you know what I mean? So, yeah. But when you get a trending market, they're dynamite, man. There's no doubt. Yeah. Cool. Okay. Hey, and I'm thinking about finally making a first physical gold or silver purchase. Any recommendations? For an equity? No, for actual physical delivery. Okay. So what you want to want to do is, if you're going to, don't pay a big premium. You got to either buy gold bars. Um, yeah, I got a guest coming up next. You want to buy gold bars? You know, you just don't want to pay too much for premium and you got to hold it for a long period of time because that's how it works. Okay. Got you. Okay, man. Have a great one. Have a safe one. Stay right there, folks. Come right back. Hey, guys, thanks for joining us today. Thank you so much for joining us today. Thank you so much for joining us today. Thank you for joining us today. 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 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. Visit DirectionInvestments.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 866-4767523. 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 1-877-927-6648. Internationally, at 727-873-7618. I'm O'Brien. Welcome back, folks. I doubt. That was down 215 to get the NASDAQ off 110. S&Ps are off 27. We'll get some selling committees to close, no doubt. I guess today, folks, is Richard Horuska. Richard is the Executive Director of the Thai Tampa Bay Network. This is a nonprofit organization devoted to entrepreneurs in all industries and stages. Their mission is to foster entrepreneurship through the robust Thai network. Richard, welcome to TFNN. Thanks, Tom. It's awesome to be here. We appreciate it. Tell us first off about exactly what the Thai Tampa Bay is. Thai actually is a global organization founded in Silicon Valley in 1992. The organization now has over 60 chapters worldwide. We were founded locally in Tampa Bay in 2012. Predominantly, the organization was founded by folks from the Indian community a good 30 years ago. But now, the organization has grown to support all entrepreneurs, no matter their background. We do a couple of key things. We fund entrepreneurs, we mentor entrepreneurs, we educate entrepreneurs, and we network with fellow entrepreneurs. Those are the four key pillars of Thai Tampa Bay. Nice. You've seen quite a difference now since 2012. You said you opened, right? Yeah, sure have. What's pretty fascinating about the organization. I'm actually the volunteer leader and the president of the organization. We just brought on a full-time executive director. The organization has predominantly been led by volunteers locally in the community. That's what's pretty fascinating. We really wanted to grow to the next level. We just brought on our first full-time executive director, Mona Patel, and she was just named Business Journalist 2525 just this morning. Well, congratulations, man. That's great news. It's been, no doubt, really intriguing for all of us to run that Tampa Bay has had these last basically 10 years. It's intriguing. I told a couple of other entrepreneurs, I've been down here 25 years, but I remember when Boston wasn't the Boston that people see right now. In fact, one of my offices was right beside the guy that Lotus123. Mitch had free people in his office. I had 25 and he had three. It was just really cool how fast things can go when you have a support system. No question. When I was an entrepreneur earlier in my career, I didn't have the benefit of having the ecosystem we have now. There once was a time in Tampa Bay where maybe once a year, there'd be a big company with a big successful sale of their company, or maybe one company would be moving to the area now. It's once a week. There's this company called Fast. They just moved. You can't keep up with all the momentum. Now we were just named the top tech city, I believe by Forbes. I believe we're unstoppable to use a mantra of my alma mater USF. I like it. Let me ask you, I saw that Dr. Patel is on there, and when it ends up happening like in any big city, folks, I believe he was in the medical business, right? He made a huge entrepreneur. He had a lot of patents. It's really cool that you have someone like that, and then they're willing to basically, whether it's fund, use the Rolodex, get education going so that the next crowd, meaning whether it can be people in their 50s, 40s, 30s, 20s, to get going, right? Can you talk a little bit about that? Yeah, no question. When I first became the volunteer leader and president, him being the chairman emeritus, I just thought he was more there for overall support. I had the pleasure of meeting him one-on-one and was so gracious with his time. He is very hands-on, actually. I get consistent emails from him and direction and call me one time with some advice. Yeah, he's been an unbelievable advocate for what we do and a great supporter, and him and his wife, their foundation as an annual sponsor as well. Then also his son, Shilin, he's become incredibly involved in the chapter as well. He actually spoke at our first in-person event that we had with Commissioner Weigel, the statewide financial regulation commissioner, and other cool news. We just got accepted to embark collective. In addition to having a full-time executive director, we actually have a place to call home now. We're trying to move on up, my friend. Well, that is awesome. With Dr. Patel, it's interesting. Before the crash, I actually was in his office interviewing him. I know you're talking about hands-on. Folks, it's really cool, man. Like, picture this. When you have someone that's been so successful, and this guy's just right down to earth. I mean, like, it was just the normal thing saying, Tom, I'm going to do this. I'm going to do that. And it was like, man, and he had all these real estate models inside his office when we were interviewing him. So it was really cool, man. There's no doubt. So, when we say Tampa Bay, St. Petersburg, Clearwater, I mean, the reality, anyone can come to some of your meetings, right? 100%. Yeah, we have an open membership for kind of all entrepreneurs, and we have kind of an extra kind of, you know, special group called our charter members. Those are what I call kind of heart and soul of Tye Tampa Bay, very successful executives, entrepreneurs. It's an annual membership of 1,200 a year. And excuse me, one second. What's up? Okay, I'm on a live interview champ. So the joys of entrepreneurship and having three boys at home while your wife had a meeting, you know? That's good. I like it. All right, that's that. Listen, man, that's where it's at. And to him, the big urgency was that the lesson for his basketball didn't show up yet. So I love it. No more problems in the day of COVID that we live in. But anyway, so yeah, it's just been a fascinating run. And the charter members, we have over 40 now and we're looking to set a bunch mark to get to past 100 by the end of next year. And one thing I want to share, Tom, with you and your listeners and as well as we just partnered with the Tye Lana and Tye Carolina chapters and came together. And our charter members invested over $400,000 into women and minority entrepreneurs. So that's just another example of Tye doing its part to help the underrepresented community. And what do you find? Is there a certain niche that we're getting in the Tampa Bay area, meaning entrepreneurship? Or is this kind of spread out? You know, that's a phenomenal question. So I used to be the accelerator director at the Tampa Bay Wave. And now I'm a part of Embark Collective. And I support all the fellow entrepreneur support organizations. I would say health tech, cyber and secure tech, marketing, advertising tech, education tech is really growing as well. So those are some of the financial tech is rapidly growing. Actually, the Wave just announced its new accelerator and fintech. So, you know, those are some of the top sectors that come to mind. But the great thing is, these entrepreneurs, they've got ideas, you know, there used to be a time you had to build a company in the other markets, but now the access to capital and the support network is there. So yeah, we're seeing, we're seeing tons of different models emerge. And we certainly have the place to live. We know that you got it, my friend. There's no doubt about that. Well, listen, folks, you can get you can get hold of them by, it's tamper.tie.org, right? Yes. So tamper.tie.org, folks. Okay, check it out. Richard, this has been awesome. We appreciate all the help. We appreciate the education. We appreciate you marketing Tampa Bay, man, and getting these entrepreneurs going and helping them out, man. Yeah. And I would say for my friend J.P. Dubuque and the same PEDC, who's a rock star, I would say our Tampa St. Pete is definitely the way to further market it. So there's no, there's no doubt, man. There's no doubt. Okay, man. Well, listen, you have a great one. Safe one. We look forward having you on again. All right. Thank you. Thanks, Richard. Have a great one, man. Have a safe one. And you got to love that his son calls about basketball, folks, because you know why? Because that's what happens in real business. That's what's so freaking cool. I mean, that's how you do business. You can do business. You can pick up the phone. You can take care of your kids. You can take care of your community. You can do the whole bottom wax. Okay. It's, it's pretty easy. You just have, don't get uptight. That's the real bottom line. Talk about getting uptight. This market's getting a little uptight. The, we have the now industrials right now, down where is she down to 44. We get the NASDAQ off 123. S&Ps are down 32. 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 and 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 AM to 4 PM 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. 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The Tiger First mortgage program may be just the program for you. The Tiger First mortgage program pays 7% per year paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. 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. Then hit watch Tiger TV. Welcome back, folks. We take a look at the spy and you're going to see, depending on, you know, when I talk about this upside-down hot shoe folks, okay, this is a classic. The bottom line is that you take the hot shoe, put it upside down, where on, if you're looking at it straight on, when the right side of that right now, and that's when that expansion of volume comes, and guess what? We're in the correction because we got that expansion of volume and it's just so intriguing to me because this hot shoe, man, when this goes, it goes, and then all of a sudden the volume comes out and it comes out big time. And that's what's happened today. We've already done 68 million inside the spy. When I started the program, folks, you were 42 million. So you can imagine we've done, you know, well, 52, 62. We've done 26 million in an hour. We take a look at the NDX100, the Qs. You get the same setup inside the Qs. Qs right now, they're down with 35 million. That's after making highs out here with what? We got, where is it? 28 million. Same type of setup inside the Qs. Bottom line, lower prices are coming at us. We go look at the Dow industrials. The Dow, it already got inside of its lower range. Dow's set up to get down, we're down 256. In fact, let me do this quick because I got a feeling the Dow already broke the whole uptrend too. Come on, give me that line. We did. Okay, so the Dow also broke its uptrend with conviction. That's why price spread accelerated volume. We're 34,600. That's saying we're going to 33,200. So you're talking about, what, another, well, it doesn't mean we're going to stop there. It means that we want to go there. That is a high volume low. So these high volume lows, if you have equities that have high volume lows, folks, protect yourself. Go look at them, protect yourself, because once these things start going, they go quicker, you know, the elevator always goes down faster than the way up. That's just how markets go. And in this particular case, you know, if you'll listen to them when Richard from Chicago was calling, you could hear it in the voice. Okay. The bottom line, I mean, David from Chicago, we weren't down that much, but, you know, you could hear it in the voice that it seemed that we were down quite a bit. And, you know, you get the gist of it. Have a great weekend, folks. Have a safe weekend. Please come back and visit us Monday morning. Tommy kicks us off. Great show. Nine o'clock in the morning. Have a great one, folks. Have a safe one. Oh, look at them, folks. Building wealth trading in this