 The morning markets kickoff with your host Tommy O'Brien Good Monday morning everybody. I'm Tommy O'Brien company alive from TFNN just after 9 a.m. Eastern time We got about 24 minutes to start a trading for the month of November Hope everyone had a great Halloween weekend out there the market's picking up right where we left off higher prices a little bit Of a pullback in the last about hour to two hours. We make a high in the S&P's up at 46 19 We're still positive by about 10 points in the futures right now trading at 46 so six But we've given up 13 points from the highs you see the acceleration at 4 a.m. Basically right back to where we were at about 4 a.m. Tech stocks pretty similar action Friday We accelerate higher so much for Amazon and Apple Disappointing and bringing the market lower not quite the scenario. I mean look where we started off yesterday Excuse me Friday 15,600 early pre-market we finished the day at 15,850 backing out the action when we came into Apple and Amazon earnings You were trading at 15,750 for 100 points in the Nasdaq 100 above that price level now up a hundred points right now 35,804 all the markets giving up some of the gains a bit over the last hour to two Russell 2302 Russell positive by seven points Bitcoin a little bit of volatility in both directions You're technically negative 800 bucks, but you're trading above 62,000 62,200 you got crude catching a continued bid Thursday we're approaching 80 bucks today. We're approaching 85 dollars folks 84 44 right now up 85 cents in crude gold trading up $5 gold traded lower on Friday the dollar Excuse me dollar had quite a move of strength on Friday You had gold pulling back with that excuse me with that move today You're up five bucks gold clawed back almost all those losses. We had on Friday morning We got silver up nine pennies at 2404 And we got notes and bonds with a little bit of higher yield yet again We're looking at a two year right now a two-year yield We'll get into it in a moment the highest yield we've seen since March of 2020. We're coming into a Fed meeting They may start tapering those bond and asset purchases Fed meeting begins tomorrow We get an announcement at 2 p.m. On Wednesday press conference to 30 on Wednesday We got jobs non-farm payrolls Friday for the month of October lots happening along with earnings Of course this week as well. All right jumping back to the markets here s&p's up seven points We'll check out Amazon and Apple to kick things off There's your acceleration on Thursday night for their earnings Amazon Maybe that was a buying opportunity folks. I mean look where we were yesterday. I keep saying yesterday Friday You had a low of 32 73 you finished the day a hundred bucks higher on Amazon shares And we're basically flat this morning 33 75 you jump to Apple. I mean clawed back a lot of it as well Apple All right, you want to you want to hear something crazy Apple finished Friday Above where you finished out Wednesday. So yeah, it looks like you had a lot of devastation on Thursday But for these equities all you really did was give back the gain You had Thursday coming into earnings on Apple you started the trading day at about 149 and 150 That's right where we are right now Amazon a little bit lower than where you started it, but you're only back to last Tuesday prices folks That's not what a what a harsh pullback looks like when you have earnings on Thursday You missed to the tune of maybe 10 to 12 billion dollars for the current quarter Amazon might not even make any money for the holiday season usually their biggest quarter out there Remarkable you had a company valued at 1.6 or 1.7 trillion dollars That's not gonna make any money the whole point of companies is to make earnings folks Now how much revenue you have you can't bring it to the bottom line Doesn't matter that's not the case with Amazon. They will bring it to the bottom line I think in the long term, but they're not gonna do it on this current holiday season and that's usually their biggest But I've talked about it before and the way I look at it with Amazon They're investing bottom line whether it's in human capital whether it's in capital in terms of automation Delivery process they're investing in it They're their competitors are gonna have to be investing in it as well And they have AWS on the side that's able to support that with the margins They have I think AWS was growing at 39 percent for a 16 billion dollar business for a quarter Think about that They're doing 16 billion dollars in 90 days and they're growing on a year-over-year basis at 39 percent And that's an acceleration of growth That's just mind-blowing when you look at it that way Amazon trading at 3375 now both of those companies were down dramatically on Friday What you had is yet other companies picking up the slack like Microsoft Microsoft look at Friday's action You finish at 33162 were basically flat today, but man Microsoft I think you're up 1.7 percent on Friday alone after accelerating higher on their earnings Microsoft Biggest company in the world as of Friday you take a look at the Analyze fundamentals tab you scroll down We're talking about a 2.488 About as close as you can get to 2.5 trillion dollars 2.48 trillion is Apple Microsoft's gonna be close on their heels 2.47 2.47 and 2.48 2.468 technically we're rounded up to 2.47 Apple right on the heels of Microsoft as the most profitable not profitable biggest market capitalization companies out there Taking a look at some of the other fag stocks for their market cap. You're talking about Google right under 2 trillion 1.97 Now Amazon lagging a bit. You're at about 1.6 or 1.7 trillion. I believe 1.7 trillion for Amazon Facebook Pulling up their valuation just under a trillion now 900 billion as they've pulled back checking up the chart of Facebook Facebook interesting action last week going for meta a complete rebranding. You were up to 384. You're down to 323 you know the The future might be meta it might But stock prices do not like to wait five or ten years for something to pay off. That's going to be very very capital intensive and I would be real careful with this equity Facebook Even if you believe that the future is virtual reality, which it may be folks I mean, it's it's hard to imagine that won't be And the case that they are making in Facebook is listen, you got to get there to where virtual reality is mind-blowingly amazingly real Once you get there It's going to be a shift a generational shift that people will adopt it And so Facebook when you think about that think about the capital it might take to get that perfect VR world And that's what Zuckerberg is going to be going after because they have Oculus Which is pretty cool from what I hear never used it But they have Oculus right now But part of their problem is only hardcore gamers are adopting Oculus because it's not quite VR It's just kind of very cool gaming When you get into VR where you can just do normal everyday stuff and feel like you're in virtual reality Which is what they're going for that will be mind-blowing But if that's the level that they want to get to and they're going to be plowing as much money They can't in over the next five to ten years to get to that. I Don't know what profits going to look like at Facebook They're going to be using those advertising dollars to put it into some big money I think it was 12 billion dollars something like that a year at least But I could see that number going up because Zuckerberg is going to have a high bar It's reading about this weekend and I think he's right that They want to be first to market and the the person who's first to market with a VR system that actually feels like real life Imagine it seems like that might be a turnkey that would really Change things in a big way but talk about capital in a big way as well. So watch out for this one Facebook You're talking about giving back almost all the games you had from March down to almost the 618 You're trading this morning up a couple bucks at about 325 for Facebook shares All right, we got the S&P's folks. You want to see a cool chart checking out beforehand? There's a nice three-year weekly on the S&P. I mean this retracement doesn't even make sense, right? You started here last November That's barely a blip. You could almost say that we've been in a one-way trip from the lows of last March of 2174 to 4608 Stay tuned folks. 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We have the s&p's positive by 11 right now trading at 4608 as i mentioned quite a Chartered the s&p's up here right you put it on a weekly my goodness not often folks that you can go from 21 74 What do we have 130 percent from the lows? But even take where we were at the beginning of 2020 right take covid lows out of it You're trading from 3200 to 4600. You're talking about adding 1,400 s&p points over the period of just under two years Uh to 3200 you're pushing 40 percent on a two-year basis and that's taking out That well pullback folks. That's taking it out, which is crazy. You want to go back three years Right you're approaching 100 return from the beginning of 2019. You I mean ballparking 2,500. We're at 4600 I bring it up because context is important. We've had almost no pullback in this run Yes, we had a pullback in september It's gone It's not even noticeable on the chart the trend line almost stays intact to the upside which is remarkable Especially you got a miss from apple you got a miss from amazon And the market takes it in stride and trades higher on microsoft talking about becoming the biggest company in the world They take over the lead they pick up the slack and the market's trade higher 4608 right now. We'll see where we open for november trading. It's a new month All right with that in mind. We jump over to some of the headlines. We'll talk about the fed first So fed meeting tomorrow announcement 2 p.m. Eastern time on wednesday press conference 230 on wednesday It's going to be an interesting one as they may start to talk about Pulling back on some of the 120 billion dollars on a monthly basis that they're making in Assets whether it's talking about 120 billion in bond purchases out there asset back securities Now what I want to get into there's your s and p year today. I've talked about just the run it's had We get jobs numbers on friday now september's number came in in 194,000. I mean look at this chart folks. Do you remember trying to remember When we were in january february march april right the vaccines Get announced in november they start becoming readily available in march and in april The thought was you come into the summer. There's an explosion. We got 962,000 jobs in june We got 1.1 in july And then what do we get 366,000 in august 194,000 in september They will be looking for 390,000 about jobs coming down the line on friday for the month of october average expectation about earnings Growth 0.4 percent. That's an important one because we're dealing with inflation as well now Taking a look at the yield and this is what I referenced here. Okay now I'm not sure who this gentleman is shoemaker. Who are we talking about here? Nonetheless doesn't really matter because this is a straight fact that the two-year yield Okay, it's up 30 basis points since the last fed meeting five weeks ago And that's a lot when you're only trading at 50 basis points folks You were coming into the last fed meeting at almost 20 basis points pointing to As they put it here. I want to pull this up uh The two-year yield which most reflects the fed has risen more than 30 basis points since the last fed meeting You got to pay attention to this folks in a big way now you jump over to whether it's the three-year one-year two-year You're dealing with the 10-year right now of 1.6 percent We've been well above that During the covet pandemic the last year and a half But the two-year talking about shorter term really rise and we're talking about 0.52 percent right now on the two-year Something to pay attention to it would be interesting to see what chairman paul has to say whether it's tuesday Whether they lay out the plan for tapering for the 120 billion dollars in monthly bond purchases How quickly are they going to do that? The expectation is to what to do it over five to seven months something like that maybe eight months to pair it all back But you're going to get those details and the market may be getting a little bit ahead of that in a big way And that's going to come down the line and he's going to have to answer a little bit in terms of What happened to the september number 194,000 jobs? interesting that they're going to do that only two days ahead Of another employment number from the month of october And we'll see how that plays out it's november already with each number you build the expectation a little bit when you miss you miss you miss All those expectations folks in terms of the last two months the rhetoric has been okay The delay is a little bit longer than we thought right the extra unemployment benefits for those that felt like that was really holding The economy back right that was the reason why there were 10 million plus jobs open Uh at a time when we still weren't filling them with unemployed While folks that was september 6th that those benefits went away We're coming up on two months later They are not an impact anymore all of the rhetoric that had to do with that Yes, it was a variable how big of a variable was always the conversation how big of a variable of an impact was it having We still got 10 million plus jobs open folks and we still got eight or nine million jobs to make up to get back to the pre pandemic levels Looks like those numbers were not as meaningful as maybe people were feeling that they were We're going to get another number in november. What's going to be the spin this time if we are not even adding, you know 200,000 jobs on a monthly basis when we got millions to make up We're going to find out on friday and chairman powell is going to be talking on wednesday All right, what else we got going on jumping down the line. Let's jump to some oil Oil rises on speculation. OPEC may spurn biden's appeal on out book not too surprising there right the appeal I mean, what is the appeal of president biden telling opec? That they should be pumping more oil Oil rising on speculation that they could spurn the mounting pressure to boost production at a faster clip even as consumption was ahead of supply I mean, yeah, you got a bunch of OPEC companies that would want to push out oil But it's also not a bad deal folks. I mean, there's a reason why monopolies are illegal Because you can all get together in price fix. They're illegal in america. OPEC is a monopoly We just don't get to run Monopoly laws across the globe, which is why they literally are a cartel That works together to fix their production and their pricing for the benefit of all of them It's illegal in the u.s. If companies worked like that because they affect pricing so much and it doesn't help consumers point being There's a battle there, you know That their own product is skyrocketing in price and yes if they can push out more of that product at the same price They'd love it, but you start pushing out more product and you drop the price level They only have a certain amount of oil in perpetuity forever Yes, that number might last years if not decades, but they only have a certain amount of oil in the ground They're not making more oil in the ground for these OPEC countries And they kind of know that to a certain degree, which is why you see whether it's uh, saudi arabia Trying to add different parts of their economy so that decades down the line They have an area of the economy that will flourish post oil I don't see that moving much folks. We're at 85 dollars right now and even if they do Okay, even if they do OPEC supply is not to that market what it used to be Uh, you have oil rising in a big way and uh, it's not moving in a big way despite us pressure The cartel's preference is to go with the prudent approach and that keeps the oil market tighter for now Uh, yeah, and and nonetheless folks. We know how crude's going and even as we've been talking Crude continuing higher. We're pushing 84 50 right now We're up a buck 75 folks from just where we were at 4 a.m. This morning on crude Let alone you take a look at this thing. It has been a one-way shot from august 19th We're trading at 62 bucks. You're right now at 84 49 let alone you go all the way back to 33 bucks I mean this this might have been The trade of the pandemic in terms of the lows of last april That's when you had the april expiration contract going a negative I recall let alone you had oil, you know really settling at The 20s the low 20s for a while. I mean look where we were these are weekly charts You were between 20 and 30 dollars for crude for One two three four five six seven eight nine Arguably nine weeks you were between 20 and 30 dollars for crude You have a consolidation from june until vaccines become effective the world opens back up And now we all know we got supply chain issues. We got crude oil issues and uh We're going to open up the market when we get back in three minutes. 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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. We got markets open. We get the s&p's up 10 points nasdaq 100 up about 20 the dow up 106 Let's jump around to some of the fang stocks. See how they're reacting right now We're going to get microsoft in there. Is that is that does an m belong in the fang? Where does where does microsoft the biggest company out there right now? Uh down about two tenths percent three thirty ninety four We jump over to amazon down two tenths as well apple shares down two tenths and google Flat right now facebook shares remarkable facebook up another percent you look at the volatility they had whether it was monday They had their earnings last week to 344. You had the announcement of meta on thursday You trade from 308 to 325 and we're sitting right above that price level right now at 326 53 for facebook shares As the market opens up november trading Uh, let's jump over to bitcoin real quick bitcoin trading at 62,240 A couple interesting articles out here first one grayscale bitcoin trust They're the parent company. How about a 10 billion dollar valuation with soft bank and google leading the investments there Uh remarkable when you look at the acceleration that this company has had now What's interesting here is that they the digital currency group is the parent company of several big names in the crypto space until now It's valuation was somewhat of a mystery as it had only raised 25 million in primary capital Since la ching six years ago. So they're going to public. They're raising 700 million In a secondary round on monday first round was maybe that 25 million there And that puts it at about 10 billion dollars one subsidiary the one we're probably all most familiar with grayscale bitcoin trust They're going to try and push that into an etf The world's biggest digital asset manager with 50 billion dollars under management quite a price tag in a big way Now we jump from that To this one which is pretty interesting Uh reading about this morning mystery of who invented bitcoin hangs over scientist trial Don't think that that's going to come out But some of the numbers in here that they're talking about Are pretty staggering folks in a big way speculation over mythical satoshi nakamoto, right? Maybe the creator Not maybe the creator of the identity not sure But no matter what you're talking about you're talking about dueling claims over 65 billion dollars in crypto currency folks And you're talking about 1.1 million bitcoins So what this has to do with? Is that you have a computer scientist craig right? This is the gentleman up here pictured Self-described inventor of bitcoin a lot of people don't think that's quite the case Nonetheless, he is an early innovator and he's got a lot out there in terms of the wealth that he's amassed Defending himself against claims they swindled the estate of a deceased florida man Good old florida always in the press over 65 billion dollars of the peer-to-peer currency and intellectual property related to bitcoin Excuse me blockchain technology worth billions of dollars more Uh, the brother of dav cleiman who died in 2013 alleges that the late computer scientist collaborated with right on the early development Of bitcoins at the estate is entitled to half of the value of the cache of as many as 1.1 million bitcoins Uh, whether that stash can be recovered is by no means guaranteed Some prominent crypto currency entrepreneurs and investors regard right as fake believe satoshi's enduring anonymity is part of the genius Um And he stood by his claim, but nonetheless they talk about he's definitely an important early innovator in crypto and also rich Uh beyond that his claim is to be the main and are only author of the original bitcoin Have little support but man you're talking about big time numbers in a big way All right Yeah, they got the youtube chat going we got anti-vaxxers in the youtube chat folks Yeah, they're having quite a field day. It's very unfortunate, but we'll let them have their little field day Uh s and p's up 13 points folks nazdaq negative four. So what it has to do with let's jump around to it Um, but darin up so they come out they're going to hold off on children 5 to 11 it's really unfortunate in this day and age that you have uh A company following the science and not releasing it Until the science is solid and no matter what comes out folks anti-vaxxers can seize on it And even when a company is operating under the science and not pushing it out to the public until they're certain that it's safe They take that and run with it and they choose ignorance over facts and beliefs So that's the bottom line for the three of you out there having a field day in the youtube chat Coca-Cola jumping back to the market buying the rest of body armor for 5.6 billion dollars Giving the soft drink giant full control of the sports drink band and more ammunition to take on the market leader gatorade Uh, that's the biggest acquisition. I had it up here another one. I think they put it, uh, largest ever brand acquisition So a company like coca-cola Biggest purchase ever as they're trying to get into that health segment Giving the soft drink giant full control of the sports drink brand and more ammunition to take on the market leader gatorade So they already owned 15 percent of it. They're buying the remainder from investor including co-founder and chairman mike repley not familiar Um, they're going to remain in place. Coke on the other parts of the still beverage portfolio That is quite a price tag and these Beverage companies now coke came out with great earnings Uh, last week from 54 50 up to 56 50 this morning. You're giving back some of that Maybe with the news that they're going to be spending some cash Uh, to the tune of 5.6 billion dollars coke down about a quarter percent On that acquisition news with the market giving it up a little bit too You're seeing a little bit of selling right now in the nasdaq 100 15 8 22 We're up to 15 109 14 pre-market they're jumping around to commodities crude continuing pushing tear 85 dollars and let's check out gold Gold going to be interesting with we got fed action coming up gold 1789 right now that dive lower on friday had a lot to do with the dollar index accelerating higher in a big way All right jim to what else we have we got a big week of earnings now Roku is coming up on wednesday taking a look at this one I mean talk about some volatility, right? Three-year weekly you accelerate from the covet lows you make a high earlier this year talk about a double top man You make a high was it 486 72 you climbed just above that number to 490 now zoom in on this action You got up there you had earnings you were talking about on a weekly basis Of 486 72 in July we get up to 4 at 90 76 Now it's interesting that we're coming into earnings this week at an area of support that we've had whether it was in march Also that area of report back in support back in may we touch this area briefly in late september early october You got all the way up to 350 In october only two weeks ago and you're back to 305 you're coming into those numbers We jump over to the analyze tab. You're talking about almost a 26 dollar move priced into this equity That's a lot of premium folks. You want to sell some premium? That's a number that you like to see The only disclaimer there is that They're not going to give you this type of premium folks if the volatility might be possible Which as you look at this chart you better believe that volatility is possible When you're talking about almost a 200 point trading range folks from 300 to 500 we'll make it simple from 300 to 500 And we've done it twice in less than about nine Excuse me 10 11 months from 490 we're down to 305 It is a nice area though. You're back against the wall in terms of an area Of nice support. We've had twice we come into their numbers. I think it's wednesday november third Yes, wednesday they'll be out with their numbers after the bell about a 26 dollar move priced in for roku Let's check out how some of these fang stocks are opening up here as we get the naztac and negative territory amazon Looks like it wasn't all lost on friday. We're trading lower 33 84 in terms of buying opportunities amazon lower by a full percent right now Microsoft down seven tenths percent right now. You have apple down a half a percent These yields might be hitting these tech stocks folks. We jump over to the 10 year And we're rising yet again. You take a look at the 10 year. We're talking about down Almost 10 ticks right now and you're pushing 1.6 percent as we went over the two year at the highest yield We've seen in about a year and a half. It's fed week. It's non farm payroll week. It's earnings. We'll be right back folks Are you in the market for buying or selling real estate in the bay area? 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You trade down to 35. Yeah, that's a bid But man watch out for this equity as a couple times this area of about 40 dollars You go back to where we were in 2019. That was an area of resistance We topped out just above that level in early 2021 We're back at about 39 56 nonetheless a big day for harley davidson right now and as we pull it up Yeah, continue to hold on to some of those gains. What else we have in terms of equities moving Spotify they get named a top pick from morgan stanley. They were higher pre-market Let's see if they're holding on to those gains. Yes, they are extending them up about 3 right now Uh travago is higher as well reported an unexpected profit better than expected revenue for the quarter They cited improving travel trends as pandemic restrictions ease and vaccinations increase trvg Is their symbol? There's a pop for you up 10.6 percent. Let's see if expedia is accelerating there They're accelerating on that one as well expedia up 2.8 percent Airbnb up 2.34 percent. Look at those moves to travel stocks Let's check out some of the airlines right now not quite the same american dealing with some woes Would they have to cancel like 1700 flights over the weekend? Maybe are they in here? No, I don't think they are But yeah american having some woes in a big way. They're down about seven tenths percent Let's check out the other ones yet dealt the up seven tenths percent right now united airlines Positive by about half a percent right now. We check off the cruise lines carnival up 1.2 percent right now Norwegian up 1.56 percent right now those travel stocks getting a little bit of a boost Potentially on the travago news speaking of boost on news in terms of numbers. How about amc? They had the highest theater admissions revenue in october Since they've seen pre-pandemic folks amc catching a bid up 2.2 percent There's your three-year weekly 72 dollars was the crazy high Where this stock probably rightfully belongs that's anyone's guess folks in terms of fundamentally if you take You know a valuation in terms of price to earnings price to revenue anything like that $36 on this equity probably doesn't make sense as that puts this equity When you took out talk about the fundamentals Of a 18.5 billion dollar market cap company But nonetheless folks, it's a different world. We're all in right now in terms of uh The reddit traders the wall street bet traders the meme traders Nonetheless putting a bid in this thing and holding on to that bid. Let's jump around to game stop since we're on it I mean who would have thought game stop would have settled at 188 as we came into 2021, right? I think uh, we all had an idea that maybe game stop was valued at 20 to 40 dollars You pulled back after the first acceleration to about 38 dollars and then just left it in in the dust at 187 Let's check out tesla speaking of stocks with accelerations Yeah, we'll just kick things off with new all-time highs tesla up another 1.7 percent today. You put it on a 15 minute I mean this stock watch out folks. What are we at now? You're talking about a company We got to be pushing about 1.1 1.138 trillion dollars just leaving 1.1 trillion in the dust in a big way Remarkable mr. Elon musk continuing uh Okay, yeah, the barkley ceo is stepping down looks like there was an investigation into Jeffrey Epstein. He had done some business with him seems like more might come out of that. It seems like, uh He said he had regrets, but he hadn't talked to him in a while It seems like that report says it was going to show nothing and he still stepped down Seems like there might be more coming out there. Yeah, how about deer? So deer reaches a tentative contract agreement with striking workers Uh with a vote on the six-year pact set for tuesday higher raises and bonuses I think it's a 10 percent number folks keep your eye on this stuff My dad sent me this article from the bloomberg terminal and there's your pop up four percent for john deer Yeah, I think it was a 10 wage increase folks You don't think there's inflation out there if there's no inflation companies aren't signing deals for six-year pact agreements For 10 wages. They just aren't doing it unless there's inflation, which there is We'll leave it at that Speaking of gamestop their coo is leaving in just seven months gamestop did not give a reason for the departure Uh who had been a top executive at amazon and google just seven months a coo There's a lot going on in gamestop didn't they push out that last one, right? You got the guy who was formerly running chewy He's the head of the board now It's interesting. You had that action didn't even realize that in gamestop up 2.6 percent seems like anybody that gets pushed out The reddit traders just love it on gamestop because that means that their chairman is running the show and that's what they want in front of that As well And crowd strike. Yeah down about 2.3 percent They get a downgrade at btig to neutral from by the firm points on increasing competition as well as the prospects For slowing growth. We pull up crowds like cr wd is their symbol Down about 3.3 percent right now. We take a look at the daily. This thing's been on quite a trend From the covet lows of 31 dollars talk about internet security of any kind 272 bucks right now for crowd strike now roku What's the one is this the one that's spiked uh No, what was I looking at one of them had a big spike in terms of where we were on friday. Was it airbnb? No airbnb up 2.5 percent right now We get the s&p's up 6 percent markets giving back some of the gains nazdaq negative 13 pretty mute market dow up 126 With everything going on a pretty mute market indeed. We're going to get fed I mean this market's going to probably inch towards waiting for chairman powell on wednesday We do have a bunch of companies out with their numbers Uh going down the list. I mean almost too many to name for sure When we take a look at where we are some of the companies to jump out in terms of what we have We talked about roku on wednesday Uh scrolling down the list a little bit in terms of the headline numbers we get xpedia on thursday So we just saw trevago with their numbers xpedia will be on thursday Believe we get maderna and fiser this week as mel as well check out maderna Think they're out with their numbers now. They're down 6.6 percent today probably having to do with coming out with the science And we're going to not proceed with children at this point from maderna fiser was the one that did already receive approval For vaccines for kids ages 5 to 11 looks like that come they're coming down the line in about probably two to three weeks For that age group now maderna is going to be out with their numbers Yes on thursday and fiser to pull it up going to be out with their numbers on tuesday So fiser about a two dollar move expected maderna is going to be funky right now with everything going on $21 move they're priced in let's just pull up the simulated trades For the weekly options about a $27 move priced in on either direction talking about a good eight or nine percent for maderna And fiser shares which are basically flat to down slightly today as well talking about about a five percent move for fiser With their numbers maderna much more prone to what's going on Especially if they're dealing with some problems pushing out that vaccine for the efficacy and safety for the kids out there All right, what else we got in terms of numbers coming out Yeah, scrolling down the list trying to pick out some big names that we had down here Yeah, you got papa johns coming out on thursday you got wayfair out on thursday as well. Let's pull up that one wayfair Talking about a 24 four dollar move. So check this out more than a ten percent implied volatility move folks for wayfair wayfair basically flat today This thing's been consolidating for a while between about 250 and 350 about Taking a look For the earnings and yeah, they are out on thursday wayfair If you're going to be selling some premium folks, it's nice to be a see a ten percent move priced into their numbers But take a look at this equity in terms of the times that they're coming out with your earnings We get some big moves sometime wayfair out with their numbers on thursday And with that we got the s&p's back to flat right now Quite a market folks 4600 fed week non-farm payroll week. 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That's 877-518-9190 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 got to try to qualcomm up here qualcomm out with their numbers as well They'll be out with their numbers on wednesday 103 $3 stock. You're talking about a seven dollar move for proud The earnings of wednesday and taking a look a little bit of a tough year for qualcomm We're up to 167 back in january even chopping around between about 120 and 150 For that just back in the early august. We're trading at 133 on qualcomm checking out netflix netflix shares this morning We're down about half a percent and quite a run for netflix up to almost 690 97 we closed out netflix folks At basically the highs last week 690 on the dot remarkable action When you look at where we closed out the week in terms of netflix We're trading right now down about half a percent I bring them up because it's a perfect bridge to crypto squid game is a meme coin It's a meme coin warning with a wipeout after a 230 000 percent gain Did you hear that one folks uh for all the doge coins and the shiba inu's out there folks buyer be Where okay? I saw the articles about this on friday talking about squid coin Squid game which I enjoyed the series on netflix Is a meme coin it's up 2,500 percent something like that since launching Well, check out that chart folks. Can you see Can you see the rise and fall squid game to us dollar chart? You're up to 2,800. You're down to point zero one two that can happen with any of these Coins it can happen with any of them it could even happen with ethereum It could happen with bitcoin you better believe it can happen a doge coin or shiba inu folks You know just be aware because there's nothing to say that that market might go to zero because really they're only worth What somebody else will pay for it? They're kind of a game of hot potato for billions of dollars Which is what my friends said I talk about the market sometime even the game stock stock game stop stocks The reddit stocks the meme stocks. It's become a hot potato game for billions of dollars. Just don't get Caught the last one holding the cookie jar that's empty And there's an example for you in a big way and we'll finish it up with you want to talk about interest rates When we got a fed week going on economists in brazil How about above 10 percent by the end of 2022 is they're dealing with some woes in brazil Maybe think of our man. Teddy keg stat from forex dash trading dash unlock.com talking about maybe a little bit of a currency war going on brazil 10 percent Thanks so much for starting the day with me folks. Stay tuned folks basil up next larry Steve rode's dave white tom o brian all this afternoon. Have a great monday everybody