 The following is a presentation of TFNN trading hour with your host David White call now toll-free at 1-877-927-6648 internationally at 727-445-1044 now David White And welcome all to another exciting edition of the power trading hour with me your humble lovable and squeeze a police soft host as always We'd like to come to you at this time The following takes place between 2 p.m. And 3 p.m. And what do we have? Today well, we're up six and six and a half points on the SP cash Dows down 15 mostly on the week weakness of the usual suspects of the last week Which is Boeing it's down about three bucks, but no biggie still holding that support area Nasdaq's up 40 Russell's up 17 and that tells you a lot. Mr. Russell's kind of trying to play a little catch up today Getting close to the 8,000 mark on the Nasdaq composite at 79 49 But you know, we just had the Fed come out with their minutes of their meetings And probably the only thing is you they are literally saying there will not be a right hike increase This year no word on what they're doing on bond Repurchasing at least nothing I've seen yet in the one-liners. Maybe that'll come throughout the break back Why don't we take a quick look and see what that TLT is doing? So we're up what 15 cents at 124 14 And then just down a little bit on that two o'clock news. So Yeah, it was up. Where was that? It's up 124 47 Saying about 30 cents lower And bouncing around so quiet day, of course I've been thinking that we are waiting and have been waiting for earnings come Friday morning We'll talk about that but the market's just kind of being flat and quiet and I keep up bringing up generally the old chestnuts that have been around for a while or there for a reason and Do not be short a quiet market is probably one of those As I said, maybe individual positions there may be an overwhelming case, but You certainly don't have the wind to your back right now Which is one of the things you like to have declining markets in being short and you got a lot of people all thinking that there's going to be a trade deal announced any minute and Probably not probably going to take a while to get all that done But that's about it. There's not much else going on today. It's kind of quiet Apparently we're going to get an FOMC member who I've actually met Herman Cain I met him why he was running Was it Godfather's Pizza? That's what it was Godfather's Pizza somewhere in the early 80s Maybe even earlier than that maybe 1978 probably somewhere in there. I was young and I didn't know anything. I just thought he was a whole guy that Smell kind of old already. I was in the 80s. That's all I can remember. He may not have But you know how memories are especially when you're not paying attention I was stuffing my face with some pizza after church on Sunday. Yeah Gotta be it. So what else is going on today? That's it. A lot of hurry up and wait We'll watch how the market reacts as it goes through these minutes, but again much more about Friday and Let's take a quick look at here Let's get to this Thursday Friday Well, we have JP Morgan Wells Fargo P&C Bank and Infosys I don't think that there's much else really to talk about Monday we get city group in the morning the Goldman Sachs and See if there's anything after the bill on Monday Not really to talk about we get into Tuesday Bank of America Tuesday morning United Health Group Johnson and Johnson So we're gonna start getting kind of a taste Of that of course we've got about another week before the deluge starts about the 19th For earnings and so we'll get some action out here, but mr. Market Not a lot of volume up not a lot of volume down. We've been talking about That issue this week And as we get to hump day The camels favorite day always like that ad But yesterday ended up totally with about six point four Billion shares for the day the day before that is six point two and of course, you know If we go back to the 15th of March, we had almost 11 billion shares So it's not a big deal and whether you look at it in shares or dollars yesterday 284 billion dollars the day before that 269 billion dollars, but if we go back and look at those big volume days Like we were talking about to do. What was that? That was a 5.8 508 billion dollars. So, you know, we're doing about five eighths that big day So pretty quiet on the Western front. We'll keep an eye on that What else is going on? You know It's like I said, it's just quiet. You can hear the quiet But you can interrupt that quiet by giving me a call at 877-927-6648 or emailing me at path at tfnn.com See what I did there. I'm kind of interesting thing Okay What else do we have? Okay What else? I'm a little distracted here. Just wanted to keep an eye on the markets out here now We're up about four on the S&P cash show and kind of quiet. Anyway. Oh, I was gonna do some history Almost nodded off on this day in 1963 the US thresher atomic submarine sinks in the Atlantic Ocean killing the entire crew 129 sailors and civilians were lost in the sub Unexpectedly plunged to the sea floor 300 miles off the coast of New England I did this because they had installed a new device that was not very tested everybody Wanted to make sure that whatever we had the nuclear missiles was out at sea and a very big lack of Testing and retrofit. I think it was supposed to be in for six months Getting retrofitted and they kicked it out in three months. I think it was about half the time Anyway, they put in a new valve and that valve Because of the low air pressure in it turned to ice and clog When they needed to blow the tanks to get back to the surface it did not work later and May of 1968 you lost another one torpedo blew up But that's nothing Russians lost six one twice. It's saying they picked it up. They fixed it two weeks two years later. It sank again Don't know Guess they win a prize The Taz profile scanner is the most revolutionary piece of trading software that you will ever try Wouldn't you like to approach the markets with confidence as you begin your trading day? 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We've got some emails already coming in now where's my oh, there it is Wanted to get that up. Let's go back to the inbox And okay What else we tomorrow in Seattle says I got an in Bev at six dollars and fifty-six for four twelve calls That means Friday for those in Lutes, Florida Was a day trade that turned into a daily swing trade I'm not sure if I could sell today before I lose more on the premium or hold it till tomorrow Seems uh, I could be holding support In Bev Take a quick look at this No Whatever's going on there didn't work Let's try this again Hang on a second Okay Wasn't sure that I picked the wrong one Let's see if that in it EEV Guess is what it should be There we go Okay, you had the big day Normally, I don't sell till three days later. That was it um One of two things happens Um, and that is that it got he pulled back instantly um Question is one that you should do Um See what people were actually doing to see if they were shorting it Nine out of ten times you you were going to do the right thing by Holding it for three times doesn't mean that uh, this time is the one that was going to pay off In Bev Okay Um, he had 30 short yesterday That was actually fairly good. You got no move movement out here. Um, I don't know How much you're in those calls for But again, like I said, I thought the market was kind of going sideways. I think You know if you Are not too bad with these things I think you have to sit on them on your hands until friday morning and we get those earnings That is going to be the problem because that's probably when we'll start moving up again with some gusto or considerably lower So I don't know what your trading plan was before you got started. I knew you were in in Bev I didn't know maybe you were in the calls I think you just said something about that Um, yeah, if you were in the calls, you probably had to take the cash Um, I'll have to look at your messages before I don't remember you saying you were in the calls. Maybe you did um, but even then You know you you almost you get a big move like that. You almost always have to give it three days Um that you've pulled back 50 cents. Probably not a big deal But uh, they hopped on and and dived on with yet another massive amount of shorts yesterday says that probably the Best thing to do is sit on your hands at least until probably noon tomorrow And then decide whether or not you want to hold into earnings on friday morning But I have a feeling that if we get some decent earnings on friday That's going to take us back up above 2900 on the s&p cash so Just have to wait and see um, but uh Yeah, I don't know what your options look like apparently Um, you probably if you were in them on that Uh earlier you're maybe even still be in the money Doesn't say out here You're on more premium. Yeah You know You took the trade you got the bounce You've got a bunch of people short on this. I got a sneeze And we're back And it's that time of year just going in and out Uh from the air conditioning which is already in progress and most of florida Get a little bit of the sneezes Um, but yeah, that's an interesting call Um, but I said nine out of ten times you'd be right to hold those until friday Um that it pulled back kind of large yesterday is interesting but Pretty heavy shorting yesterday And probably a little shorting today you could get back up to 650 for friday Maybe even higher I'd say I had to sit on my hands and wait till friday morning Not an easy call And uh generally it's kind of like poker players And if you watch some of the really good ones on tv, I don't play poker Uh, I understand the game. I played it a bit Actually won some low level tournaments Uh, but uh never I I'm not one of those persons that can just sit around for eight hours I get bored fairly quickly. I gotta do stuff get up move around The ability to sit there and remain focused all the time is Rather tough and kind of a game for young kids, I think The way they play it now But the experienced guys that have been around for a long time that still make money They all say, you know, as long as I did the right thing And I'll go ahead and do Whatever I would do to reward myself as long as I know in my heart I have a biting belief that I did the right thing and it doesn't always pay off In cards or in the stock market, but I think you did the right thing with inbev there um If you're in a winning position, you always kind of have to sit on your hands and hope that it will become a much bigger winning position If you're a losing position, you always have to assume it will just get worse Uh, I don't know if it's is it pollen? It's everything. I'm itchy today. So probably it Okay, what else? Okay, um, let's go ahead and start looking at some of the other stocks I wanted to catch up on a handful and see if there were any movement out here We're talking about ambarella getting up to its resistance level. This is the um June 6 2018th gap down on almost 11 million shares So yesterday we had 256,000 shares today 118,000 shares and if you look at that not quite into the gap uh, but uh, man Nothing in the way of volume. Um, let's see if we can't get uh You probably hoping for about 47 50 on that if you were thinking about going short And you know, you just don't with the total lack of energy other than this one huge Gap higher that sold off almost instantly on the 6th of march You don't have a lot, but it is hanging out there on the side Um, I've thought for a while that we're going to go up and ring the high In the s and p cash and that still may happen Uh, but uh, you know where at this place where it could break either way we come back. We'll look at the amazon.com Yeah amazon dot bomb. That was the headline about mid 2000s 2000 amazon dot bomb not amazon Uh The path of least resistance is david white's daily trading newsletter And if you're looking for active trading ideas, then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter Using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted Don't miss out on this great chance to get a 30 day free trial to david's daily newsletter The path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently And if you'd like to see the type of newsletter he delivers every morning Then visit the front page of tfnn And you'll find the path of least resistance under trading newsletters for all the details and to start your 30 day free trial today Log on to tfnn.com now Hi folks tom o' brian here If you like to get my daily newsletter market insights, then now is a great time to sign up for a 30 day free trial Every morning by 9 30 I send out my morning letter to subscribers with market commentary on a variety of markets Currencies and commodities to keep investors up to date on the day's trading action Included in market insights are specific buy and sell recommendations for stocks etfs and even options Which stops and price targets included for every trade in my newsletter If you'd like to try my newsletter risk free for 30 days Then head over to the front page of tfnn and you'll find market insights under trading newsletters I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information They need to know for the day ahead I even issue afternoon updates for my subscribers whenever warranted with important market action I'm always scouring the market for the next great trading opportunity Sign up for your 30 day free trial to my daily newsletter market insights today by visiting the front page of tfnn.com Go get them folks 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 guardleaf abc's 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 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 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 And we're talking in the den during the break about uh, some of the poker players i've met daniel negrano Um handful of the ones i could drop a bunch of names, but mostly i've met them in the air on airplanes especially In the late 90s when poker really Uh, no, hold on poker became a real big deal. I've talked to many of them and uh In fact, one of the books that I think is probably One of the most interesting to read if you're trying to come up with a a A business plan or a way of trading Is and the way to think about it is a book about poker And it's uh from david sklansky. I met him too And it's uh Really it's called the theory of poker and he goes through and figures out exactly the right Mix for bluffing and actually putting out and calling hands and the odds on every hand Again poker Why I wouldn't recommend people play it for a living Is an excellent trainer for actually trading stocks The reason why is it's a game where everybody doesn't know everything If you're playing chess both players know exactly where the other players at In game theory they talk about Games like the stock market or I wouldn't call it a game but the business of the stock market And poker though as games where no one really knows everything In the game and therefore you can't be blamed when you don't know what's going on correctly but There's a lot of theory in that book that applies to trading one of the ones I like best I think there's a whole chapter in there about what you should do if you get two aces Right off the bat and poker of course you've got the best hand that there possibly is Now you could slow play it And try to hope to get a lot of money Or you can try to push everybody out and take the money quickly And there's a you know, basically you want to do a little of both He goes through the mathematics of figuring out how often you want to do it Uh, but a lot of times, you know, you'll have the best hand And then of course two kings hit the the flop And if the guy has one king you're you're beaten, of course, maybe an ace comes out and you go I know I've got the best hand Uh, and the question is should you take the money earlier or take it later? And it really those kind of things even though they're in a game if you can just play for fun In fact, I think the I don't know if they still have it around here Uh, but a lot of places had it where you could come in Play friendly games for no money I don't know if they still have that they had it over I did a couple of them last year But as I said it just I don't have the Patience to sit around and play ad nauseam for long games that last two and a half hours Um king of the short attention span memory But a great book, especially if you want to think about making a business plan Ie you want to think very hard about Uh, what a what game theory can teach you he does it with a A something that is at least analogous To the stock market But at the same time, um, you don't have to make a decision in the next 30 seconds in the stock market One of the things I actually like much better than cards and of course you can you don't have to trade They don't call strikes In the stock market where you have to play and you have to put money in every single time If you're sitting at that table you can sit back and wait for your pitch, which I really did like I and still do Uh, anyway, uh amazon dot com To to uh He had six and a half million shares November 8th. He had uh 6.9 million shares december 3rd Or just yeah december 3rd So what we're looking for is anything in the way of Six or seven million shares last uh to what it was last seven days Three and a half million shares four million shares 3.6 million shares 3.6 million shares 3.8 million shares 3.6 million shares Today 2.2 million shares now If you're hanging out Write it at the resistance and you don't fail within about three days um There is a school of thought That you're gonna least break through And in a great deal of cases as we've shown in the last week These stocks are breaking out and then coming right back into the trading range Especially when they don't have any energy like amazon now come friday We'll see because I imagine that uh, we're either gonna have uh a blowout From uh, some of those stocks or a big disappointment. I don't think we're gonna be sitting Flat on the day come friday's clothes But we'll keep an eye on it a patchy Uh, also doing the same kind of thing up a little bit today fairly light volume 1.75 million shares um, of course for the uh energy What do you call them? Not distillers Yeah, I'll think of it second. Um, you had some nice juice hire that was uh on the fifth Came up with five and a half million shares You've just been kind of going sideways with light volume 1.75 million shares so far as you push back up in there But as I said, we got a little pullback in some of these now you're going back up. You got no real Uh weakness But as I said if you get some closes below the nine day or three by three displaced moving average I think that's really where you want to start looking at going short until we don't until we actually break those Downed lines I don't see a lot out here Uh to get excited about and again no volume on the upside either So you kind of have to sit back and like I said wait for your own pitch Oh, what else do we have out here? Uh Ali Baba Take a quick look at this one Uh just bouncing back up into the previous march fifth high 1808. That's 11.5 million shares Today 7.8 million shares but kind of pulling back a little bit Yesterday he had 11.6 million shares. So you pretty much got to the same level Uh, but you couldn't hold it again whole markets kind of Looking like that which is kind of bearish Uh and would suck you in but again you need some kind of break If they're just hanging out here at the highs Now the worst thing to do is to get one of these Uh a little prematurely best buy testing the november 2nd high at 75 dollars 11 cents with four million shares Uh came up with a 2.5 million shares on the fourth of this month and gone sideways four days just one million shares Into that high from november 2nd Some people have been talking about apple Being a big impotence for best buy and why apple may have been going up Customers have come back in But uh man this light volume also makes you want to go And two we're in the next three to four months of the weakest Time of the year for best buy this one kind of setting up and move back to about 62 bucks I will be watching this one If you're in the cd market and looking for a secure investment The tiger first mortgage program may work for you The security for these first mortgages are building lots in the tax opportunity zone in st. 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All of the tfnn newsletters are informative, up-to-date, affordable, and a must-have for every trader looking to gain a competitive informational edge in today's markets tfnn newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks, bonds, metals, commodities and tech There's a newsletter to fit your needs exclusively from tfnn Stay informed each day you trade and get that competitive edge that will help you stay ahead of the game Visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com educating investors Will the s&p 500 continue to climb for bold trades on us large cap stocks in either direction trade spxl spu u or spx s Directions daily s&p 500 bull and bear leveraged etf's Direction leveraged etf's an investor should carefully consider a fund's investment objective risks charges and expenses before investing A fund's prospectus and summary prospectus contain this and other information about direction shares to obtain a fund's prospectus and summary prospectus Call 866-476-7523 or visit direction investments.com A fund's prospectus and 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 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 for the latest market information And as we come back serious logic, um, we look at these smh's We certainly are up here with a very light volume, which is not a bullish thing Although we are hanging up here Serious logic $43.25 that's on the november second high with 2.8 million shares Today we're up 157 thousand shares were above or we did go above that 40 43 25 level of 44 bucks But again when we're talking about light volume, we're not talking about you know 10 percent or 15 percent We're talking about 10 percent and 15 percent and that generally sets up some rather large moves One of the stocks that I think eventually goes to zero is our first solar Why everybody yells and screams about solar power? The answer is without a solution to Very cheap long-term storage of power Solar is about three times more expensive than natural gas For power and your payback time If you're lucky is 15 to 20 years at least down here in florida up north probably even worse I love the idea The reality is somewhat different You had three big gaps Down and now you're basically filling that third gap one of the ones down here actually got filled before One of the reasons i've stayed out of this one is of course High short interest because everybody knows This is an issue Um Tesla of course came out with their solar roofing tiles Almost two years ago now and still it hasn't seen the light of day because it was actually I think two or three times more expensive Than these regular solar panels. So the chance of ever getting a A payback was Zero less than none Um, but you know, he had close to 18 percent short interest on that on first solar And here's another reason seven days to cover What you want to see is this one probably drop back down to three days to cover and give some kind of signal at the same time That may actually work fairly quickly because of the Very light volume on the way up you actually have A thinner market for those shorts. In fact your average daily Volume was about 60 percent in the last reporting period of what it was the reporting period before So this one's a tough one, but uh going into some very heavy down days about 5.4 million shares on june 4th last year and You know what we're seeing about 3.7 million shares so far So, you know, that's comparison to the 8 million or 8.2 million share down day Of the 5th of june last year um, so, you know, you got some fairly decent Supply lines coming into this. I don't think anything's fundamentally changed in their business Um, it is a business that everybody likes to talk about Uh, and it's filled with glory Uh, but I will uh always go back to What uh, let me pull it up so I can actually quote him directly And that is uh In tech if you're perceived to be changing the world It's okay to lie to investors jim chain us and I think that's uh For solar also in a nutshell question is when do these things Actually run into some problem and that'll be when the market pulls back also Uh, to do what else do we have? Okay, now let's take a quick look at icon Where's icon here? There it is I want to look at this one one of the few ones down here icon x brands Um, that looks like it's at some level of support. You've had some big days. It really hasn't turned up much You're basically talking about a stock that uh, what it buck 62 So not a whole lot in this one. Uh, you slam down fairly hard But uh, let's see what else out here But you know, it's looks like a lot of people are getting out of the shorts Uh in this position and the volume being kind of low is interesting too Uh, but you know buck 50 to possibly back to Five bucks pretty good Possibility again when you play stocks like this you want to play them like a non expiring option That is you don't go deep in it if you were going to buy a thousand Maybe you buy uh 100 if you're going to buy 10,000 Maybe you buy a thousand and you start off with that and say, okay Is it holding support is it doing well and you kind of add As everything starts looking better Then if you get a big rip, uh, especially with high short interest stocks For a buck 50 you can get at least 100 to 200 percent moves out of these you already got your move here Up to march 12. So this one's probably going to go sideways for a while And you want the volume to just kind of Peter out And come back into it. Anyway, keeping an eye on it intuitive surgical Back up to its previous highs. We're looking at the october first high at 581 That had 750 000 shares Today we're into that with 275 000 shares so far. So again, uh, very light of volume back up into those highs See what else did I want to look at on my list of stuff? We've got a couple minutes to go Maxim integrated products another one in that smh sector. We'll look at that next the uh, to to December 3rd high $57.24 cents with a 5.7 million shares got into that three days ago with 1.6 million shares yesterday 1.3 million shares Today 562 000 shares and again what you want to see is these things fail and close below The three by three displaced moving average that will be the signal that these things are ready to roll if they can hold Above that even if it's just a few pennies a day They may have a day where they actually gap higher If the volume does at that point does not come in Uh, within a day or well within a couple of days Um, but if it comes up there were light volume gives it all up then that is ringing the bell at the highs um, I am not Forecasting that I'm saying that those are some various scenarios that I think you want to probably be looking at other ones, uh in the uh S uh in the smh's that you keep an eye on is nxpi 4.8 million shares on february 25th at 98 20 got into that three days ago with With about 2.3 million shares yesterday 2.5 million shares today is 1.5 million shares on a doji Uh, don't have that Closing below just yet, but it is getting close when we come back Or do we have enough time now? No, we're done. We're gonna be uh back to the last segment. We'll look at these s pages up up up with a previous high but again Not a lot of people coming into this We'll be back in a I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers share If you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done Which is how to time the markets i'm steve rhodes author of mastering probability And for the last 12 months timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the s and p 500 for the last 12 Six and three months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and i'll teach you the exact set of tools that i use That has transformed me into one of the best at what i do Sign up for mastering probability today by clicking on the newsletter tab on the homepage of tfnn.com And get immediate access to workshops where i take you step by step how to use an extraordinary set of tools As well as provide great market calls to sign up today David white's newsletter the technology insider is focused like a laser on finding the next big things in technology If you had invested only $10,000 in microsoft in 1986 you'd have been a millionaire by 2000 Disruptive technology like microsoft's is the key to these massive long-term profits And the tech insider is the vehicle from tfnn to capitalize on these opportunities This is the go-to newsletter that identifies monitors and profits on mostly little known cutting-edge companies with great long-term prospects David's experience is as an inventor of emmy winning animation products for tv and hollywood that propelled a company public Match that with 14 years as a full-time trader And he's uniquely qualified to guide you through the light speed world of ever-evolving high tech If you're ready to ride the next big technology bull market for less than $40 per month log on to tfnn.com And get your two-week free trial to the technology insider get in on the ground floor of the next big thing today Since 1984 basal Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion While originally hand drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply Later basal found that computer software, which included the standard market technical indicators enhanced the degree of accuracy and calling price turns As well as market trend calls thus was born the Chapman wave sequence Using the Chapman wave methodology along with other indicators basal Chapman advises his subscribers of his expert market opinion Each market day with his opening call newsletter right now You can get a two-week free trial to the opening call basal's daily trading newsletter by visiting the front page of tfnn.com Cancel at any time during that trial and pay absolutely nothing get your two-week free trial to basal's newsletter the opening call today by visiting tfnn.com Catch tom will brian professional trader and educator founder of tfnn Also a special guest on cnbc tom will bisect and dissect the markets the tom will brian show next on tfnn And we're back looking at the smh's and again Pretty significant when you can't get anywhere close to the kind of volume you were looking at before 112 On june 7th 2018 on the smh's worked all the way down to 80 dollars and 71 cents We're all the way back up one 12 92 days ago That uh comparison is 9.3 million shares to 3.9 million shares yesterday doing 5 million shares in today a little less than 5 million 4.3 million was called 4.8 so far today So you're gonna have darn near 50 volume And on an etf That's like 25 volume For an equity if you got half the volume Statistically it's about like seeing 25 volume in an in an actual equity. So it's not that we've got very We've got any juice up here It's the lack that we've got any kind of destruction or a close below these 9 day moving averages or 3 by 3 displaced moving averages that are telling us something We also probably don't have a lot of people that are going to do something before friday morning on earnings Then into monday and of course, uh, it's going to just start ramping up To where we actually have a day lose coming in the last week of april and then into may So not a lot of clear signals, uh, certainly when we look at the Volume for the markets as we said yesterday 6.4 billion shares And you know Today, what are we doing? Um Well, we haven't even made it to 4 billion shares. We may not make 6 billion shares today. So again Light light light volume generally the best thing to do Is if you don't have an abiding edge is uh, as they say The market does not call strikes and balls You can wait for the pitch as long as you need to and I think that's what we're doing But I don't think that pitch comes till friday morning and we see What happens instead of uh, try to make that Happens in the meantime sell when you can not when you have to we will see you here tomorrow same bat channel same bat time