 T. F. N. N. Headline news update. Here's Tom O'Brien. Hi everyone, Basel Chap and the host of the Tiger Traditions are giving you this 9 a.m. early in the morning update and the Dow closed yesterday at 25,962. The futures are down 168 right now. The S&P went to a new recovery high yesterday. We closed at 2854. Futures are down 16. The QQQ made a new recovery high yesterday. That's the NDX 100. 182.57 was the high, really, believe it or not, 187 was the October high, 143 was the December low. Now it's back at 182. This is a very good action, meaning that the fang stocks are helping a lot. And right now the futures are down sharply, not that sharply, actually the QQQ is down minus 0.68. The IWM was the laggard yesterday, but gold is holding quite nicely here. It's up 3.6 at 1310.9. It's holding quite steady. What's interesting though is that the dollar is holding not just its gains from yesterday, it's added to those gains at 96.71. It is in the middle of a big trading range between 97s and 95s, trading at 96.71 right now. That's pretty good action. And when we look at Crudall, Crudall is pulling back a little bit. It's down 69 cents in the continuous contract, 59.29 made a high yesterday. Nice recovery high. It's still looking pretty good technically on the daily and the weekly chart. So it should hold 59 to 58 support and try for a little bit higher high of the perhaps the 61 area over the next day or two. And the TLTs, the most important thing here, the TLTs screaming up is at 124.10. It's up $1.15. It was actually up even more earlier on. It's at a whopper of a move up the TNX, the 10-year yield is at lows. This is quite fascinating to watch and the semiconductor index made a new recovery high down 69 cents right now, but it hit the 110s yesterday, all-time high 114.55 March of last year. 80 was the low back in December and now trading at 109. Very good action. And that defies the shipping records that seem to say they're not shipping chips. How does that get explained? Hey, you've got a wonderful host coming up. You've got Larry Besavento and he has a guest he has Norman call it to the minute, Winske coming up as well. Then it'll be Steve Rose after my show and it's Tom O'Brien of course and Tommy. Have a great day.