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Welcome, folks, Tommy O'Brien, filling in for my dad, Tom O'Brien. He'll be back tomorrow. But boy, what a day to fill in in the chair. We got an action-packed hour, folks. Thanks for tuning in. We got the S&Ps up an even 100 points as I come to you. We're up 2% in the S&Ps right now, trading at $5,097, the whole market trading higher on the heels of some pretty hot NVIDIA numbers. We jump over to the Nasdaq 100. You're talking about 531 points to the upside, a rise of 3% on those numbers. Pretty dramatic. Dow catching a bit of more than 1%. So you get the Dow at 1%. S&Ps up an even 2%. Nasdaq 100, up an even 3%. Pretty easy numbers. Russell, they're up half a percent. Up 11 points for the Russell at 2012. You jump over to Crude. As I mentioned at the top of the hour, Crude right now. Backing off, we almost made it to 79. We're trading at 78.52. And let's just jump into it, man. NVIDIA shares. As I mentioned, biggest day ever in the market. You're gonna add about, I mean, about 2.5 billion shares outstanding for that company. So at $100, you're talking about $250 billion in market cap added. I was reading an article earlier today. The CEO, he's about to crack the top 20 in terms of wealthiest people in the world. Rightfully so when you have a company that is larger now than Amazon, than Google. Pretty remarkable, the acceleration. And it's not stopping. The AI run might just be beginning as we got new all-time highs on NVIDIA, up by 15.4%. I mean, you can jump around wherever you want in this market, man. We got dramatically higher prices. AMD, up 11.4%. Microsoft shares up 2.2%. You jump over to Amazon. A 3.5% acceleration to the upside. Companies like Salesforce, up by 3.4% right now. You jump over to Apple, up by 1.3% right now. You're trading there 185 from 184.67. And let's get into some of those NVIDIA numbers. The bar couldn't be higher and they beat it, man. Revenue in the current period, okay? They beat in the period that we just reported for. But in terms of the 90 days that we're in right now, $24 billion, the market was looking for 21.9 billion. Quite a substantial beat. When you think about on a percentage basis, whatever it is, you look at the acceleration that they've had in terms of earnings, in terms of revenue, okay? The quotes from the CEO. Generative EAI, excuse me, has kicked off a whole new investment cycle that will lead to a doubling of the world's data center installed base over the next five years and represent an annual market opportunity in the hundreds of billions of dollars. Pretty remarkable. Now, who are their customers? Not the best customers you can have in the world, man. Amazon, Meta, Microsoft and Alphabet's Google are NVIDIA's largest customers accounting for nearly 40% of their revenue as they rush to invest in hardware for AI computing. Yeah, and you talk about percentages, growth, okay? This is how you come into an earnings per share that some view as extraordinary to the upside, okay? NVIDIA's data center division. Now by far it's largest source of sales, 18.4 billion in revenue, up 409% from the same period a year earlier, gaming chips providing 2.87 billion in sales. I mean, the ramp up is just remarkable, man. Data center revenue, right? Fiscal year, 2024, $47.5 billion. Couple years ago, you were at 10.6 billion. Couple years before that, you were at 3 billion. Just remarkable, man. They got a partnership with NVIDIA they'd already announced that's not news on this release. Okay, so we jump from that story, all right? Let me make sure I can find this one. Because when you jump to, well, this is an important one as well, there's your jump. They're the biggest market capitalization companies, days that individual equities have had. There's Meta earlier this month. There's NVIDIA when they really kicked things off in May of last year when they added 184 billion in market cap. And right now I think at the price we're probably above 250. Now, this is a pretty cool chart, man, from Bloomberg. An article Bloomberg had this morning. And let's pull up the headline real quick, okay? To give you some context. What bubble? NVIDIA profits are rising even more than the stock. This is how you rationalize and earnings per share that is just remarkable to the upside. How do you do it? You keep beating, you keep growing. In the black here, we have the PE ratio, okay? In the red, we have the share price. And what has happened? You've actually seen the PE ratio drop pretty dramatically from the high 60s back in the middle of last year to dipping below 25 at one point. You're now talking about a number near 30. They just keep beating. And that's as the stock has risen from a price of about 300 to pushing, what? That's as of the close probably yesterday, right? Cause we're looking at a number on this chart that's about 700. And what do we train right now in the video shares? 778 for NVIDIA shares to the upside. So they're coming into it, man. And the CEO sounds very strong. He's talking about numbers that could last through this year as we power forward. Yeah. Well, this is one of the analysts out there. But yeah, I got a few articles that we could spend some time on for NVIDIA, man. They're topping that. Yeah, upbeat forecast. All right, we jump around to what else we have going on. We got to talk about AT&T on a day like today, man. We're getting a glimpse of what may happen at some point, folks, as we all become very reliant on internet connections, connect connectivity, our phones, they get a big disruption. Not sure exactly what is going on just yet. Nonetheless, AT&T down by 2.5% on a day that is to the upside like we haven't seen in some time. So they're getting helped by a positive market as well, but they are struggling. The other company struggling is Rivian. Absolutely amazing vehicles that they make, man. But boy, they have a problem. I talked about this earlier on my program at nine o'clock this morning. They're gonna make as many cars this year as they made last year. That is not what's supposed to be happening for this company, man. EVs are in trouble to put it lightly. And I was even thinking, I mean, these cars are amazing, man. I've looked at a Rivian around the parking lot once you're in beautiful cars, expensive cars. You're spending almost six figures for a vehicle. You better be getting a solid vehicle. You got a few solid choices at that price level. Of course, but boy, for the first time ever, I said, man, they have a cash crunch going on at some point. They're losing dramatic amounts of money. There seems to be a demand weakness across the board for EVs. And you got this company trading at 11 bucks. Think that's an all-time low? Let's check it out. Yeah, that's an all-time low today, man. Well off, as I talked about when they pushed this out to the public at remarkably $100 per share, even higher than that at the end of 2021. You jump over to Tesla. And Tesla not getting impacted though. As Rivians got some issues, they got to deal with Tesla. Positive with the market today. S&Ps up an even 100 points. Stay tuned, folks. We're going to be coming back. We're going to be talking to Ed Egolinsky, Managing Director with Direction. We'll talk a little bit of markets, talk a little bit of ETFs. Looking forward to it. Don't go away. We'll be right back, folks. Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. 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Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN, educating investors. Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up, TFNN empowers traders and investors of all skill levels with top-notch investing systems, strategies, and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1 and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN, educating investors. Toll-free at 1-877-927-6648. Internationally at 727-873-7618. Welcome back, folks. We got the S&P sitting up 102 points. That's a rise of 2.06% to the upside. Producers are trying to get ahold of our man, Ed Egelinsky. And I imagine it's a pretty busy day and a bunch of different offices on Wall Street and in the financial industry overall. And so we'll see if we can get ahold of them. Man, it's interesting. Even just getting ready, right? Get the articles. I mean, they're everywhere, man. How about it? ETFs? Yeah, check it out from Bloomberg and it would make sense. Investors piling into ETFs to bet on NVIDIA earnings. And boy, you talk about paying off, man. Funds, saw an influx of cash ahead of the earnings release and some of these funds. How about as if you need added exposure, right? How about getting into the double-long NVIDIA daily ETF? You really want some action, man. N-V-D-L. And yeah, I imagine if you got NVIDIA up by what? 15%, you double it. And you're up 31.3%, man. You talk about it, man. One of the ETFs that they do talk about here as well is the direction. Daily semiconductor bull three-time shares, SOXL. A fund that gives investors three times the return of an index that includes NVIDIA. Its share price jumped as much as 16% to its highest since March, 2022. And look at the types of numbers that they're talking about in here. That fund in particular, SOXL, investors added $405 million to the $8.6 billion direction daily semiconductor bull three-time shares. If you jump over to SOXL, as you imagine, semiconductors haven't quite a day, man, from $34.58 to $42 right now, just across the board, man. And the numbers up here, they're just across the board. Investors, and it's pretty remarkable that we could be at the beginning of a run when we have the S&P sitting at 5,000, man. A good old roaring twenties in the 2020s instead of the 1920s. Yeah, you have the Venek semiconductor ETF pulled in 324 million in Wednesday, on Wednesday ahead of the NVIDIA release. I mean, look at these numbers, right? Venek was 324. They talk about some of the others in here. We just talked about the direction one that took in what did I say, 405 million? Yeah, granted shares, NVIDIA, NVDL, the long one, Wednesday and Thursday, 236 million inflow this month, the biggest since the 660 million, basically when they started the fund. And of course, you're gonna get a huge one when you start things occasionally. Nonetheless, big numbers across the board that come into NVIDIA. And we could be at the beginning, because when does this end? Doesn't end right here, folks, as in this run is beginning. Now, are we due for consolidation? Yes, we are due for consolidation at some point, okay? And that's what we're gonna talk about right here for a moment. Price levels, you could look for a consolidation. You know, we're approaching levels and we'll see where they go. But when you look where we are at an S&P, up 104 points at 5100, it is remarkable the acceleration that we have right now, considering that we were just trading in October at 4122. Absolutely remarkable you come into that area. 4122 in the S&Ps and you're trading at 5100 and that is October 23rd. So where do you get that consolidation? We will find out, but it's gonna be an interesting one, to say the least and the NVIDIA numbers, they set the stage and everything's trading higher. To say the least, right? Okay, with that in mind, let's jump over to our man, Tim Ord. Folks, we talk to Tim every Tuesday and Thursday on my dad's program and you can check out Tim at theord-oracle.com, that's his website. Check it out, please. Always interested in this one. Tim Ord, quite a day to have you on, man. Good afternoon. You're right, how you doing? I'm doing well, you know, I was listening to your program when you were talking to my dad, Tim, on Tuesday and boy, you guys sounded pretty bullish, man. I remember you saying maybe this thing carries through to August and boy, we got quite a head start. I'm pulling up your charts right now, Tim. Just give me one second, but boy, what do you think of this market, man, as we're accelerating? I know you love looking at some ratios or everything, but boy, we got some movement today, Tim. You're right. Actually, just look at chart one, which is the monthly SPX and I did a Bollinger ban on it. You can go back, Father, as you want, but why I want to point out here is the times when actually month-in is a week from today, so we haven't hit month-in yet, but if it closes here or higher, it could be actually a short-term trouble for the market. The reason why is because when the S&P, I did this as the candlestick charting, and when the candle closes above 50% between the high and low of the candle, that candle closes at 50% above the upper Bollinger ban. Usually you get a consolidation and I marked the times on the chart there, the times when the candle was more than 50% or more above the upper Bollinger ban. And right now, it's kind of probably the chart may be kind of hard to see. No, we got it out there. But now we're above the 50% mark. So... And I can kind of see how it's peaking above that line. I can, yeah. Yeah, but it can actually peak above it. You know, it can be 10% above it, 20% above it, but when it gets above 50%, that's when you can have trouble. And that's where we are right now. So actually the most bullish thing you can have was for the market to back off right now. If the closes here, chances are, then you're gonna have a consolidation because the probability of pretty high. At worst case, you go sideways. And, you know, I guess, or the best case, you go sideways. The worst case, it could come in like of, but there's that February of 2020 where you had the COVID crash. I don't think that's anything happening here. Where I do think it's probably four months in, which is a week from today, the market may just back off here. Not a lot, but a little bit. And do a mild consolidation because I'm thinking what's going on here is the market's up too fast, too quick on a certain basis. And if you flip to see if I do that chart three, we might skip ahead here a little bit. You got it, whatever you want. And it is interesting as you get that. Go ahead, which one? Yeah, go to chart three real quick. Okay. I was just gonna mention that, you know, even before you came on the air, right? I was saying maybe we're gonna consolidation. I'm sure you heard me because boy, it's just been quite a run, man. From 4,100 up to 5,100 over the span of three months. But go ahead, we got chart three up here. We're looking at it for the SPY. Right. Well, I'm thinking here there's probably three drives to the top pattern. And actually when I made this chart, the market's actually higher now. You don't have a, you can't really see it, but we're, even on the daily, we're 5% above the upper Bollinger band, which kind of leaves a little bit, kind of a, you know, the week, I didn't see that the weekly is okay, but the monthly and daily are both above the upper Bollinger band. And also if you go down a second window up from the bottom, you get the SPY's hitting higher or high, and you get the VIX making a higher low. And that's usually not a good sign either. So this rally's not perfect. Normally you get disbelief when the rally starts occurring and you got a lot of believers in this market right now. I still think at some point we're gonna pull back down to the selling climax on this chart, which is January, or no, February 13th, which was last Tuesday. And I think we're gonna still pull back down there one more time, then get the rally, the real rally going from there. So, you know, either way, we're gonna go up. What I'm saying is we may see a short term consolidation, pull back possibly all the way back to 490 on the SPY's, probably find support there, then start the next leg up. It's a pretty remarkable. And I agree, and I love what you're saying. It's pretty remarkable in terms of that we just trade up from 4100 to 5100, and that might not even be the real rally, right? But I love it. Hang with us, okay, Tim? We'll be right back. Stay tuned, folks. We're coming back with our man, Tim, or don't go away. 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Go to tfnn.com and hit watch Tiger TV. That's tfnn.com and hit watch Tiger TV. Welcome back, folks. We got the S&Ps up 103 points right now. That's a rise of about 2% NASDAQ 100, up about 3%, the Dow up an even 1.1%. We're talking to our man, Tim Ord. We're talking markets. And let's continue that conversation. Tim, where are we gonna? Well, I was still thinking this pattern since on a monthly timeframe, you're above the mid-bowling rebound by 50%. The daily, you're above the upper-bowling rebound, rather, by 50%. I think the pattern that's forming here, it's a little bit hard to see, but I'm thinking it's three drives to a top. We're in the third top right now. Three drives to the top pattern have a downside target where the pattern began. Well, the pattern began on January 30th, January 13th, I think it was, which is a selling climax day, and that's back down to 490. So I'm thinking it's just kind of a shakeout, especially with the market touching new highs, the VIX is not even below the previous high. If you look at the, you know, so the VIX should actually really be plummeting here. And actually when both markets gapped up, the VIX actually moved higher, or the S&Ps gapped up, and the VIX gapped down, but the S&Ps moved higher, and actually the VIX also moved higher from its open. So it's kind of an unusual situation. So I'm not, you know, I could be wrong, but I'm not really trusting this rally. I flipped a chart two real quick. It's a great point, just I had the VIX up, and I was noticing that myself, not often do you see, I mean, just even you just look at that chart, man, 1450 right now, that is above many days on that S&P in terms of where we are. Meanwhile, we got the S&Ps at 5100. So worth noting for sure. Yeah, I'm sorry. So it's nothing real, real bearish. I mean, not all key indicators work all the time, but if you get enough of them saying that, you know, maybe that, you know, not chase this rally, then you could be wrong, you know, if that turns out to be the case, I'll have to get in later. But here's another chart that kind of warns me. Which chart is that number two? Two, okay. I got it up, go for it. All right, it's the SPX tilt ratio, which is the second window down from the top. When the RSI 10 of this ratio gets above 75, when I sent you this chart with 74.27, this normally you can get a short-term consolidation. That's where those blue lines are. When the RSI gets down below 30, you're at a low. So you got two things here, two methods unrelated to each other. They kind of say the market is extended, you know, can these indicator fail? Yeah, possibly. But I'm gonna kind of wait and see what it brings here. If we're still holding these highs, you know, in the next couple of days, I'd be saying, well, maybe I'm wrong, but I'm thinking we're gonna get pulled back here. Especially on the monthly chart, if you flip back to chart number one, you know, if you can pull back to that real quick. I got it up, go for it. Yep. If you get fit, it's pretty rare, you know, this chart goes back to 2015. So it doesn't get there very often when the S&Ps are above 50% above the upper Bollinger band. But when it does, it's usually an accurate signal. So the most bullish thing it can do is actually back off here over the next, well, until next Thursday. And that would actually open the door for this rally to continue. So right now, because you're running into the upper Bollinger band, you're 50% above, the market's kind of up too quick, too fast. So it's kind of like a stretched rubber band. So I'm thinking, minor pullback, nothing real significant. You get kind of a sideways move, go back to 490. I think that's where it sets up the next rally. So we'll be talking next Tuesday again to see if I'm right or wrong. Who knows where we'll be by then, it's right. On a short term for the S&Ps. Nice. We can flip to the, if you have questions or we can go on to- No, this is great, man. Let's just keep rocking for sure. You want me to go to chart five? Chart four? Chart four, excuse me. Okay, we got four up there. Right, here's a, you got something good. This is a, I always kind of look at the bigger time frames first, then go down from there. And this is the inflation deflation ratio. And the top window is the RSI for this ratio. When the RSI gets down around 30 on this ratio, it kind of means the Josh moved to the downside. And this chart goes back quite a ways, in about mid-2014, and shows all the times, the blue line show all the times when this ratio RSI got below 30. And they all pretty much marked, you know, significant lows. And we're actually, we're gonna go back and forth between chart four, chart five. The reason why I do that. Okay, we got them both up. Go for it, easy enough, for sure. Yeah, so chart five is a different method. And the reason why I'm kind of going back and forth, it kind of tells a story here. Chart five, the bottom window, is the 50-day average of the up-down blind percent for GDX. And when it gets below minus 20, which is all the circles at the bottom indicator, the bottom window, and all the red circles are times when that indicator got below minus 20, the big bold circles are times when the, go back to chart four are times when the inflation deflation ratio RSI also got below 30. So I've matched those times up, two different methods. And so both of them say you're at a low here. But what it does suggest that this low is probably to hear me at term low, but it's probably gonna go sideways for several months. So that's the bad news. But it's the good news, you're at a low. The bad news, you're not gonna rally here right away. It may take, you know, maybe, you know, April, May, June, July, I don't know. But you're at a low is probably just gonna mill around, really go nowhere. But once the rally does start, if you look on chapter page five again, those are multi-month rallies, you know, sometimes they're gonna last even longer than that. So a big rally is coming, but you're gonna go sideways over here for probably the next several months. And that's the bad news. So the previous rallies, you know, can last a couple of months. So the next rally is probably gonna be at least six months, but it may not start until July or, I don't know, maybe May, I'm not sure. Seasonally wise, gold is a lot of times make highs and lows in July. So I'm thinking my point of view, it could be July before this rally gets going. So we're at a low, but it's not gonna go anywhere. So, you know, it would make sense. What I'm telling my customers. It's a pretty reasonable position, you know, back to the market and with gold as well, but to say, you know, maybe we digest things, excuse me, for a small period of time with the run that we've had and, you know, you cap it off with quite an exclamation point today right now. We got, I'm sure you, S&Ps 1%, NASDAQ 100, 3%, Dow, excuse me. S&Ps are 2%, Dow's up 1%, NASDAQ 100 up 3%. Not exactly, you know, a blow off, but it seems like it's a reasonable position that at some point we give a little pause. And if it's only two days and I'm listening to you on Tuesday and that's the pause, then watch out for this market, man. It's pretty remarkable. But I was enjoying what you were talking about on Tuesday of this week, man. And here we are, dramatically higher yet again as we push higher. That's pretty remarkable. Tim, I appreciate the time as always, man. Always a pleasure talking to you folks. Remember, you can check out Tim's work at www.Ord-Oracle.com. We talk to Tim every Tuesday and Thursday right here on the program. And we look forward to talking to you on Tuesday. Tim, have a great one, man. All right, thank you. Thanks for having me on. Thank you. My pleasure. And folks, we are coming back with our man, Ed Egelinsky, Managing Director with Direction. We'll be talking some markets. Don't go away. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN, Educating Investors. Biotech is booming, but for how long? 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Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. We got the S&Ps right now. As we continue to inch higher right now, you get the S&Ps up 109 points. That's 2.2% to the upside NASDAQ 100, now up 3.1%. We got the Dow up one and a quarter percent right now. And what a great day, man. We got a great interview coming up. We're gonna jump over to our man, Ed Egelinsky, folks. Ed is a managing director with direction, head of sales and distribution, head of alternative investments to learn more about their products. You can always click on the direction banner right on the front page at TFNN.com. And Ed, good afternoon. Quite a day, man. Great to talk to you. Thanks for coming on the program. Bulls the light today for sure. Are we gonna have enough to talk about, man? So I wanna talk to you about the market, the big picture of the market. But boy, we gotta kick things off with the action today. Just a blowout number. I was reading earlier, just in terms of ETFs and people plowing money in TFs. I know you guys have the SOXL that's just dramatic. That was even referenced in the article I was talking about on Bloomberg. But what do you think about this market, Ed? Do you think it's got some lay? What do you see in this market? As we got quite the acceleration on the heels of those NVIDIA numbers last night. Yeah, as you know, most of our trading vehicles are leveraged in inverse. We're agnostic in terms of the direction of the market. We let the traders decide that. But certainly the bull camp is having its way today. As you mentioned, NVIDIA's blowout earnings last night. Monetizing AI has definitely seen the stock skyrocket to yet another all-time high and bring the semiconductor space with it as well. As you mentioned, we have a triple-leveraged bull and bear on the semiconductor index, on the Nike Semiconductor Index, SOXL on the bull side, SOXS on the bear side. And the same thing with NVIDIA. We're seeing a lot of flows pre and post earnings not just in the one and a half times bull NVIDIA product we have, which is NVDU, but also on the bear side, some people may be trying to hedge some profits or think that the valuations are stretched. So we have a bear non-leverage for those traders as well. So we're seeing a lot of flows today in general. We have this year, but the preponderance of the move continues to be on the bullish side, particularly with the mega cap names. We're seeing a lot of flows in our leverage and inverse single stock ETFs, not just in NVIDIA, but we have six of the seven magnificent seven single stocks available, either if you think the bull market's gonna continue one and a half times bull, or if you think that these individual stocks might slow down on the bear side, non-leverage bear. The only one we don't have is meta of the magnificent seven on the single stock. Okay, and I know investors are falling in love with those single stock ETFs, especially with the exposure. I mean, reading about them today for NVIDIA, my goodness, the numbers even, it's a record day, right? 250 billion added to market cap, never been done before, that's where we sit right now. They'll probably finish somewhere in that ballpark as you're up pretty dramatically to put it lightly. So we jump from that, of course, we have the bigger picture of the Fed in focus to some degree. This economy just chugs on with earnings. We saw it last night, we saw it with some of the bigger tech companies out there in terms of just pretty decent beats across the board trading higher, even though the bar has been pretty high. But how do you look at the picture, Ed, going a little bit big picture when we talk about the CPI, we've had some hot inflation numbers, we now got the market accelerating even higher. How do you look at that for traders with the S&P, sitting at 5,100 right now, as we still are dealing with inflation in this market, we still have a Fed that's pretty tight right now, that can be debatable of course. But how do you look at that with traders potentially positioning themselves with the CPI inflation still out there as one of those variables in focus? Yeah, certainly the CPI and the PPI last week gave some traders some pause in terms of the timing of the Fed deciding maybe to start cutting rates. If you look at the Fed fund futures based on the minutes yesterday, the Fed minutes, it seems like it's being pushed out further into the year in terms of potential rate cuts. What we're seeing is, again, from short-term traders, is trading the contrarian trade right now, which is TMF, which is our triple-leverage 20-plus-year treasury. For those of you familiar with TLT, we're triple-leverage using that ETF and what's called the swap on an ETF to get that bullish exposure. But the bears have won so far this year. We have TMV, which is the triple-leverage on the 20-plus-year treasury bear. So we're seeing contrarian inflows in terms of bucking the trend, thinking that rates will start coming down from a short-term perspective. We also have the seven to 10-year people could trade as well a little bit on the shorter end of the curve. But the pamphletease resistance right now looks like interest rates continuing to climb. I think a technical level on the 10-year is probably around 4.5% could be our next stop. How does that affect equities? I don't have to tell anybody in your audience. Certainly it's gonna be less vulnerable to the MAG-7 or the tech sector, which has more cash on their balance sheets. Where probably if rates continue to go up, might hit a little bit are the small-cap stocks that tend to need more cash and tend to borrow more. It's remarkable how often the market has gotten ahead of the Fed this go-around and then it reprices and then in the span of almost two or three weeks, we're having an entire different conversation somehow in this market. But boy, those MAG-7, they just power through no matter what it seems like the interest rates are doing right now. You go from there and of course inflation's persistent and then you take a look at, I was wondering if I could get your take maybe on how commodities as we go towards. Traders, of course, the dollars had a lot of volatility recently. That, of course, on the heels of the yields like you're talking about. But for traders, we got a bunch of traders, whether it's in gold, of course, but many different commodities in our trading room. For traders looking to take advantage of maybe those moves in commodities we're getting based off, whether it's the dollar, whether it's the commodities themselves. What are you seeing out there at? You seeing anything there? Well, it's interesting. The dollar's strengthening definitely there's an inverse relationship between the commodity gold and the dollar and you're seeing that this year. But what's interesting is that from a trader's perspective when you look at gold mining stocks, some of you might be familiar with GDXJ or GDX, we have leveraged versions of that 2X bull and bear. And what's interesting is that the gold mining stocks have performed much worse than gold itself. So a lot of our traders are trading the gold mining stocks. They have a high beta associated with it. So traders love to trade something with higher beta associated with it. But the trend has been lower with the gold mining stocks. And I think part of the reason is that interest rate narrative climbing, they definitely are more capital driven, need infusion of capital and also have a lot more in terms of debt on their balance sheets. So that's probably adversely affecting gold mining stocks even more than the metal itself. In regards to crude oil, it's been the opposite. Crude oil has risen. I think part of that has been the geopolitical risk, whether it's the Black Sea, the Red Sea. There's a lot of supply chain potential issues and the ongoing conflict, unfortunately in the Middle East. So you're seeing crude oil rally a little bit this year relative to the energy stocks, but we are seeing both activity in our 2X bull and bear, the energy select sector index, ERX, ERY. Yeah, it's pretty wild, man. And that was a quick nine minutes. Yeah, ERX, I got up here at 59.23. That crude market sitting at 78. And this was great having you on, man. That was great information on quite a busy day in the market. And we look forward to having you in the future as well. I know we're setting up those interviews. We look forward to it, man. Thank you so much. Hope to see you again soon. Take care. Have a good day. You as well. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. 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At tfnn, we understand that it can be hard to find reliable market news. That's why each of our market experts offers their very own market newsletter. A must-have tool for every trader out there striving to find an edge in today's markets, tfnn newsletters cover every aspect of the markets so you can analyze the market before you trade. Try any of our great newsletters risk-free with our 30-day money back guarantee. Just visit the Newsletters tab on the front page of tfnn.com. tfnn, educating investors. 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. Folks, quite a quick hour, right? That was a great interview, Ed. Appreciate him coming on. And as always, folks, you can check out all the directions products right on the front page of tfnn. You'll see the direction banner right at the top there, right here in the middle as well. Click on that and just going through some of the, it's amazing how the CTF business is exploding. And, you know, we talked about SOXL, SOXS, SOXS, that was one of the ETFs that was mentioned in the Bloomberg article I was talking about earlier in terms of people plowing into ETFs. But as Ed mentioned, folks, you know, check out the ETFs, man, it's amazing. The lineup that you have here, he referenced the Magnificent Seven stocks, okay? You got Apple, Amazon, Google, Microsoft, Nvidia and Tesla, the only one not in here is Meta and you can get yourself 150% exposure to the upside as well as a bearish 100% short to the downside, easier than going short, if you can't go short in some accounts, et cetera. So check that out, great interview and we look forward to having Ed on. I know we're setting more interviews up in the process and Tim Mord. I know the conversation with the Tigers then, you know, I know that those ratios go quick, folks. Here's what I'll encourage you to do, okay? Number one, we archive everything we do, that interview with Ed. If you wanna recap some of what he said on there, that's gonna be available right on our YouTube page. The interview with Tim Mord, that's gonna be available right on our YouTube page. Just head on over to TFNN folks, excuse me, to YouTube, search for TFNN, subscribe to our channel, like it, make sure you get those notifications and I encourage you to join the Tigers then too, folks. It's only a dollar for the year. That's basically to make sure we validate everybody to make sure we get no spammers, so no scammers in there, et cetera. Check that out as well. Great day to be in the Tigers then, man, as things are rockin' to say the least and check out Tim Mord's webinar. So we got a couple of great webinars from Tim under the services tab. That'll help you understand. If you're really not understanding what's going on, he has got some outstanding ratios, folks, especially when it comes to potentially market bottoms, market tops, how those numbers look, exacerbated fear, exacerbated exacerbation completely, right? Nonetheless, folks, it was a pleasure fillin' in for my dad. He will be back tomorrow and we'll wrap it up with NVIDIA. We're gonna close at the Tic-Tic high. How about that? NVIDIA up 110.16.34%, I'm not good, man. This thing is gonna close at the literal Tic-High almost right now with three minutes to go. I'm comin' back for the four o'clock update, folks, and then that's it. Stay tuned. Have a great one. Thanks so much. I'll see you tomorrow at nine in the morning, folks. Have a great one.