 How you guys doing today? Good man, yourself. Oh man. It's been the most incredible couple of days since when I called in on Friday Lifecoin busted out of that consolidation on the two-hour chart. Okay, and it just never looked back. It did a hundred point ABC up and Now it's very extended the way I look at it, but holy come on. I mean it went up to $420 last night Now Tom O'Brien Welcome folks. This is Tom O'Brien of TFNN We go five days a week. We go ten 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 grows Hope everyone's having a great day safe day. So make it a great night folks To master love you have to practice love The out of relationship is home mastery and the only way to reach mastery is with practice To master relationship is there for about action not about attaining knowledge Knock it off! Let's take a look at it out here. We hit the Dow Industries up 115 Nasdaq up 87, S&P's up 15 and a half. That was a gain of 1.1% in the Nasdaq 7 tenths in the S&P, 4 tenths in the Dow Industries Gold contract up 80 cents straight and a 12.97 an ounce Silver flat, $14.80 an ounce Light sweet crude up 44 cents, $62.21 a barrel Notes and bonds, that's what, it's the Groundhog Day folks, okay Bottom line is that they want higher price, lower yield, yet volume behind the move This was kind of moved, quite a move last night too by the way We had the 10 year up 12 ticks, $124.22, 30 year up 24 ticks, $149.30 And if we get over and we take a look at this 10 year first, what you're going to see is that This is for the past 12 months, this is the low inside of the bond market Bottom line is that you're up 12 ticks, you've done 1.7 million contracts You've finished at the high of the day Now, this is going after the $124.31 folks And this is the way that you can break highs or break lows And specifically what it is is this, as you're coming up to the high You get that expansion of volume and you can see how we did this You know, if we go back to last Friday and Thursday, last Thursday It's pushing on 2.1 million, Friday it's pushing on 2.4 million Monday we do 1.8 Now we back down yesterday as the market goes higher, right? Now watch this, you back down and go sideways to 1.3 Guess what, last night and this is what's really cool about not only the bond market But the market in general right now, this market in general The bond market is saying that these S&P's are going to go right back downtown This market right here, this is pushing into these highs and it has juice behind the move Now, if we take a look at this and we do, let's see, I can do the generic one Okay, so if I bring up the treasury and the generic one are the continuous contract Well, and I'm going to put this on a weekly Yeah, this is pretty intense man So the way this is set up right now is that this is set up that we can make a run to $128 So you're at $124 and $124, you're in a supply line But you've already dug through quite a bit of that supply line That supply line goes back from 2016 going all the way over to 2017 This looks to me like we're going to be up in this $128 area If we do go take a look and this is what will end up happening here We're going to do the, I'm going to do the yield on this now What you're going to see is that we hit a low yield for the year today We hit, actually, it's a 3.3384 3.3, yeah, 5.9, yeah we did 3.359, 3.3, no, okay, the low for the year, last March No, March of this year, that was the low for the year Anyway, we're at 2.679 And if we take this and you put this out a little bit further You're going to see what's wide open, what's wide open right now is 2.01 And that's where I expect we're going to be going Because you have conviction behind the move, you have wide price spread behind the move You have all the above behind the move Excuse me folks $Kingdala, $Kingdala up 73 chicks, trading 97.395 You get the Euro trading at 112 to 1 US dollar The yen is at 109.58 to 1 US dollar and the pound is at 128 If we go over to the yen, we take a look at the yen What you're going to see with the yen right now This yen keeps getting stronger Bottom line, we're down from three weeks ago at 112 You've been building cars at this 109.61 We do have games 104, that was a high spike down Cisco, let's go take a look at Cisco Cisco come out with numbers Cisco closed at $52.44 That's trading at 54.24 So that is a $2 pop I thought it was going to go down Bottom line, two bucks, we are at 54 So we're back to May 7th It's coming into the May 7th area Let's see what Cisco has to say here So Cisco, the estimate, okay hold on let's see Revenue, the estimate had been $12.87 billion They did $12.96 billion Earnings per share estimate was $0.77 They did $0.78 So they beat bottom and top Going into the fourth quarter Their estimate is $13.3 billion That was the estimate Now they're looking at $13.2 to $13.5 And they are trading up two bucks A buck 80 right now You're up $52, $54.21 We're going to take a look at KingDollar Would you have a KingDollar? A KingDollar held price up here KingDollar had some volume up here Let me see this They did 13,000 contracts You're trading at $97.400 The number on KingDollar folks is $97.705 That's what would get it back Outside of its higher range KingDollar's had a hard time hanging out there The TLT, the 20 year ETF fund Bottom line, see this is going to bust through man This did 9 million shares And it's coming, look at this So the last high out here And the TLT was 9.1 million shares That price, the low of the high is $126.01 The high is $126.69 Today we did 9.5 million You go 8 to 9 million This wants to bust out This is going to be a while watching this thing shake out man So let's see where this wants to go Yeah, see this is where this gets interesting So we've been in this consolidation for so long We've been in this consolidation folks since 2016 November of 2016 Which totally makes sense by the way Because what we had is that We had interest rates that were going down Interest rates that were going up rather Since, you know, bottom line We're bringing this back Let's see Yeah, so the low on interest rates Go all the way back to 2016 Then to the beginning of 2016 We start going up on rates We kind of went sideways We peaked on rates in November of 2018 And we've been going down since then Stay right there folks, come right back