 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay folks looking good Billy Ray feeling good Lewis We have a question here from mr. Z and the den and he's asking if any of the people that I talked to which is the only person I talked to which is John Jameson if there's a bottom for me in 45,000 in the Bitcoin Possibly, but there seems to be a heavily negative Implication on this. I mean it could certainly hold that level, but anything below 45,000 would really be Quite negative because we haven't had a bounce folks We had that big drop and the high as we've gotten this I think 51,000 and we backed off and touched the bottom again. That is not good price action But as we know these things can change on a dime, but mr. Z, you're right 45,000 is a very very important level to look at it looked like it was going to break it earlier in the day And then a market jumped around I don't have any charts on the Bitcoin But I did have one from yesterday that we I refer to it because below 45,000 is going to take out that support And it's important the fact that the support has been taken out But there was no rally in between the support and that's where the real negativity comes in not like our stocks Well, we don't have any negativity except for the Nasdaq at the NASDAQ's getting pretty close to a very very oversold Situations folks, I'll I'll bring that up to you just a little bit later But I wanted to cover a few other things that we're looking at we're at such critical levels in some of these things I've posted the ones for the footsie and the DAX you can see they're making the same patterns like we're making here Whether that's a coincidence or not. I don't really know but I think it's important that we pay You know very very close attention to that here's the one that's really interesting to me here This is similar to the one that we saw from the folks at Elliot wave, of course, I do a little bit differently But you notice the ABCD three drive pattern here measured to thirty six thousand nine thirty three in the high yesterday was thirty six thousand nine Eleven excuse me thirty six thousand nine four the high was thirty six thousand nine thirty three in the ABCD Measured to thirty six thousand nine eleven twenty points away now We might take it out again, and we might even break out and go a lot higher That's always a possibility with the fact that that pattern has been so perfect is really quite amazing And if we look at the E mini S&P By the way, Stan Harley will be our guest today folks tomorrow We will have Joe DiNapoleon for almost the host show who beyond for three quarters of the show and then on Friday We'll have Tim bossed for his usual spot now We're going to look over here at the Ebony S&P you can see the ABCD Extended up to the one point two seven it hit it exactly folks at 4808 we're now trading what forty seven eighty down about thirty hit twenty eight handles from that level and But you know the market hasn't moved very much. It's you know, we were seeing the Dow leading the markets up and then the NASAC has just been breaking badly, but The they're they're tearing the NASDAQ stocks up folks I don't know who's doing the tearing and everything but remember in the NASDAQs if you remember This is a potential for a pretty significant top up in here because this is a weekly chart You know going back five years, and there's your one point six one eight number right there at 16704 and the high was 16,000 714 So I that's pretty close. So that's what it looks like what we could be looking at of a potential top here But we haven't really done much over these last four or five days. Yes, the NASDAQ has been getting hammered But it's not doing anything really dramatic. I mean it certainly is not I mean it's just been holding together You know relatively well now on a different subject. No, we have some great information for you folks. Guess what? Charlie Munster out of Berkshire Hathaway number two man behind Mr. Warren Buffett himself Actually came out today with a buy signal Can you believe this? Let me get this up here and take a look at it that he was doubling down on his position in Ali Baba he didn't say where he was buying it from the beginning, but he was buying it yesterday Well today, she's trading up about Two and a half percent three percent at 126 Already now why did he tell us yesterday and not today? Hmm. You have to look at the history of Berkshire Hathaway. They do this all the time folks I mean they really do if you remember the movie Wall Street where he tells Rick to go in and go and call the The guy at the post and say, you know Blue blue blue AB blue abacca blue Ataconda likes Blue steel or whatever it was a big agate big whatever it was anyway, he was giving him a tip Well, they already buy that stuff. I mean, you know, they're not gonna buy it lately. So 99 years old no He's not 99 years old is he Bill? No, wow if he is great for him. I'd love to think I had 19 more years I think I will but you never know is I don't think Charlie Munger is that old. I really don't think he is well See Buffett's 91 so he could easily be nine years older. He's in great health. Whatever he is and looks pretty good Anyway, Bill check that for me because I don't think that Charlie Munger is that old But I know they I've seen them do this and other things. Yeah, everybody everybody knows that they do it All right couple stocks that we've been watching for a long time One of them, of course is this stock Hold on one second. I'll get to the bonds in just a second here, but if you remember here We had this gentleman on from Connecticut Month or so ago back in December when the market this stock was trading up around 320 it went up to 365 then we had the beautiful Gartley pattern last week right there at 330 and as of today We were down about 50 bucks at 281. I don't know where it is today But that's a big we're getting ready for a huge ABCD in this one And that's going to be really interesting to watch folks these markets are acting totally differently So if you're trading the Dow you better be watching the Dow stocks if you're trading the Nasdaq You better be watching the Nasdaq stocks because they they are different markets And you have to be very very careful in here as you can see with the volatility that we have in some of these Things it really moves a great deal And that's the thing that we have to remember as we're looking at these things But I wanted to go through a few of the other stocks that people have asked about over the last few days One of them let's take a look at Nike here for our good friend Bo if you remember We had tremendously bullish news and Nike back on the big gap up up there at 170 We're still trading and you know down about three or four dollars from that level We have not exceeded the 61 percent retracement level and I believe we're still in a downtrend until we can get this above 171 and then it looks like you know, you could have some legs to the upside But right now it's just hanging in there to see what's going on to what's that he is by golly He thank you Dana. He was born January 1st 1924 so he's 98 years old shut the front door and raise the rent God bless him God I'd like to think I'll be here. I don't see any reason why not All right, let's move let's move on to a couple others here that we want to talk Let's talk about our good friend. Mr. Appel Apple and you'll notice here We had a breakout to the upside. We'll be right back and take a few breaks will be eight seven seven nine two seven six six four eight You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave Updown sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices Get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30-day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors What's separating you from the most successful men and women on Wall Street? That's right Information having all the information gives us the perspective we need to place the right trades at the right time The TAS profile scanner is the premier market profile base scanner Powered by its acclaimed TAS proprietary algorithms this feature rich scanner instantly filters over 2500 plus global financial markets such as stocks ETFs commodities futures and forex This powerful suite of tools Leverages instant trade filtering and strategy formulation to show you emerging trades Before they happen for a limited time you can save $100 off your first month by using the promo code Upgrade and you still get a 30-day money back guarantee So you have nothing to risk Level the playing field with the TAS profile scanner which you can find under the services tab at tfnn.com Sign up today Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and Tfnn's YouTube channel with Tiger TV live every market day from 8 30 a.m. To 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the World from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help You make the right moves with your money watch online at tfnn.com or on tfnn's YouTube channel and become the Investor you were born to be tfnn educating investors Call now toll-free at 1-877-927-6648 internationally at 727-873-7618 Okay folks I posted a chart of the March soybean Earl daily for mr. Z. He was asking the question He was long from that ABCD bottom Z. We're got a 1 3 5 pattern right here We're setting at the 78% level of the point three and so I you know I trade the patterns I'm sure it could break out to the upside now You're a monster at carrying these things a lot longer than I do But this is the area where I would be really cautious I'd be taking profits in here and if it gets above it, you know, you can rebuy it You know you can certainly do that but I were over very very overbought in this March soybean Contract so I would think that it would be a very interesting since we're talking about the grains I wanted to bring something to your attention here folks that I think is relatively important This is the this is the chart of the March corn that we've been watching and we made a very significant 61% retracement bottom here yesterday We were setting right at the 61% retracement after five days down if you look at back in late November we had five days down right at the 78% level But the key to this was the what was happening on the intraday chart to really give us a feel for what was happening with the corn If you look at this, you'll be able to see without any type of imagination at all But three drive to a bottom pattern that started in November of Excuse me. This is an hourly chart that started on December the 29th ended up on Monday You'll see that we gapped up here Stopped right at the 61% retracement and news came out about something that was going on in South America I believe in the market shot up and went right up to the 78% level and that has held it so far We're a little bit low below that right now But that was a perfect three drive to a bottom pattern You can see it very clearly with the ABCD right to the bottom sitting at the 127 and that 127 was one penny Away from the 61% on the daily actually three quarters of a cent. So that's the kind that you want to be looking for unfortunately, I missed it and Mainly because I'm focusing on the Euro and the crude oil and the gold and all the other stuff And I missed that beauty in the in the corn trade, which I regretted just like I did the bottom in the crude oil What was I think it was eight thousand nine thousand dot ten thousand dollars ago twelve thousand dollars ago when it was trading at 67 it was exactly the same pattern and I happened to let that one slip by Someone asked me about the chart of Pfizer whether they would buy it or not. I'll bring up the chart here This is the longer term picture of Pfizer going over the past year You'll notice here that we had two major expansions. They both came in at one point nine zero And you can see the ABCD measures up to 59. We're now trading at 54 It's so it sold off here. So it's a little bit Oversold you could probably get a bounce but frankly with that big ABCD pattern the last time we corrected We corrected more than 20% so 20% of the 62 would take the stock down to about 50 So if you wanted to buy Pfizer around 50 that would be the equal drop like we had From August to October we dropped $12 and we could do the same thing again from 62 coming down to 50 Which would be sitting right at a 50% retracement just like the other one did in the August to September August to October period. So that's how I would handle the Remember I not looking at anything fundamental. I heard on the news today the former FDA commissioner Dr. Scott. I can't remember his last name Scott Adams I know Scott Adams is the dude in New York now the mayor. I can't remember Scott's got Lee Gottlieb Scott Gottlieb He said that he didn't think masks did anything to protect us against the flu virus But but that's his opinion and you know, everybody has an opinion and they're like armpits Everybody has one and it usually smells the Keith the Keith For focus is all these numbers folks have been lining up so perfectly. We saw the 127 in the S&P 500. This is the weekly on the Dax I'm gonna bring it up here because I think it's that important. We ever get above there I might even go long that you'll see here that we've been here for several weeks and we did not make a new high from November the 29th in the NASDAQ but the course the other the Dow Jones went up yesterday and went up to the exact high That the ABC D measured to within 11 points it Overshot it by 11 points, which isn't much and the open interest is doing nothing folks I mean, there's not new players coming into this So, you know, it's usually that's a danger sign, but frankly things may be different this time Let's move on. We have Stan Harley at the break I want to cover a few of these other things that We've been watching we covered the Nike we covered the Pfizer We need to talk about the apple. I didn't get a chance to chat about that here But you'll notice your apple broke out in the new high ground when it hit the three trillion dollar mark up there at 183 we got to 183 45 we backed off about five points right now setting right near the 78% level in apple is 178 if we get apple below 178 I'd have no idea where it's trading right now But if apple gets below 178 then that would be its first danger sign that yeah, that might be a false breakout To new high so but it has to get below that 178 first to give you the indication that that's that's where you are The fact that it didn't continue the next day was rather surprising. It's at 179 even right now. Thank you very much and I Mr. Z G G7 is saying that apple is done put a fork in it And you better you better wear a napkin bubba because that that's talking that's talking fool a whole lot of people below 177 to me it would have a fork in it But right now it's just setting right at that 78% level not really not really doing very much at all So that's a key thing, you know to pay very very close attention to now We also have to take a look at crude oil because crude oil is popping up above the 61% retracement You'll notice here that the high yesterday was 7745 7744 so far we've been to 7840 and I believe we got a shot up here at this 80 level Now someone asked me a question if this was a head and shoulders pattern And it really isn't because you don't have any time symmetry Between the left shoulder in July the head in October and where we are now if this was stretched out way into February I said yes, there could possibly one but not not that way the way that formula was Figured out by those dudes at MIT and Dr. Low and his gang of quantitative analysis They did it with time and price and the left shoulder must be Lower than the right shoulder which it is not and there's got to be good time symmetry between The left shoulder the head of the right shoulder it doesn't have to be perfect But it's got to be within about one or two percent and this isn't even that's that's just not a head and shoulders pattern You just can't you could call it that if you like and you could use anything you want for a stop But to fulfill fulfill the formula that they talked about That is not a head and shoulders pattern There's not really anything that that you can do about it to to make any difference at all now I want to switch and we're going to go over and talk just a tiny bit here About the live hogs because we're going to have a Situation in live hogs pretty soon because we had some negative news of course the market its head that handled it really well You'll notice this is a parallel channel that I drove have had put in here for a week or so ago It's been fitting purposefully perfectly so far So if we get the hogs these April hogs down into this area of around 80 84 and they hold that's going to be a pretty good buying opportunity in my opinion We're going to take a break and we'll be back with Stan Harley at the Harley stock market letter at the end of the break Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the Tigers Den trading room only at tfnn.com The Tigers Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with these sharpest minds in the trading world Subscribers to the Tigers Den are also the first to have their questions answered live on air and can privately chat with our Tfnn hosts live during their shows Interact with other Tigers and Tigers is as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the Tigers Den risk-free with our 30-day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market you could be making a lot more Check out tfnn and Tiger TV and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you whether you're into trading gold Metals futures currencies or options you'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30-day money back guarantee for new subscribers as well as tfnn's Tiger Den trading room trading software and educational webinars for all trading levels and make sure you check out Tiger TV for free on tfnn.com or tfnn's YouTube channel for live financial content from 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor you were born to be tfnn educating investors 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 gargleys ABCs 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 gonna love this new charting software that will even give you a 30-day Unconditional my 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 Okay, we're back folks And I believe we have Stan Harley of the Harley stock market letter on the tube today. How are you my friend? Hello, Larry. I'm just doing awesome. Thank you. That's good. I see you've got a chart here that looks like we're I guess it would be cascading would be the good word higher and what do you what are you seeing here in the markets, Stan? well, the first chart here is a chart of the weekly S&P 500 Larry and What I've done is I've looked at the pattern of highs going back 40 some odd years and They seem to be separated by the Lucas number series multiplied by two And it all sprang from the price shock that began on the 20th of October 1987 So for example from that low into the March 2000 high was approximately 644 weeks That of course is the Lucas number of 322 times 2 Then the next high and the of importance occurred in October of 07 and that was approximately 398 weeks later, which is the Lucas number 199 times 2 390 weeks after that was the high in May of 2015 When we add 398 weeks again to that high we get January 2023 So that suggests to me the the trend remains northbound For at least another year. I know by the way We did had a COVID high last year or actually two years ago now they were in 2022 in February of 2020 That was approximately 246 weeks from the May 2015 high and of course 246 as I show there on the screen It's a Lucas number 123 times 2 So I know a lot of analysts a lot of people focus on the Fibonacci series and While they are important I have found that The Lucas series is if not equally important more important in certain respects And it certainly applies on the charts for the stock market Okay. Yeah, it looks pretty good Now could you tell the folks the difference between the Lucas numbers and the Fibonacci numbers? Someone's asking this question. I used to know that but I forgotten it So if you could, you know, tell the folks what the difference is Well, the I won't get into the derivation because we're a little bit short on time But the Fibonacci numbers Simply are zero one two three five eight thirteen twenty one thirty four fifty five and so on And there's a quadratic equation That that constructs the root derivation of that number series the Lucas numbers were found by a French mathematician and the late 1800s named Edward Lucas He was the mathematician for the French government and he stumbled upon this series. He also Is the one who gave the name the name Fibonacci? to Leonardo of Pisa who actually brought the number series to Europe And coined the name Fibonacci. I don't know why Lucas is not given much more Acclaim for the lack of a better term because not only did he Combine the number series that Leonardo of Pisa Pisa uncovered, but he also found the the ratios that The Greek mathematician who lived in In Egypt boy his name. It's case me for them You know at any other time of the day I can tell you and I'm just drawing a blank on his name But he combined the two and then he also found a companion number series That of course is a tribunal they have By the way, if you take the Fibonacci numbers you multiply by 1.382 you get the Lucas series Okay, that makes sense. I happen to know the answer of why they used it Fibonacci instead of Lucas Why is that? Well Fibonacci was Italian and they made him a deal. He couldn't refuse That was that's a little my attempt at humor my friend. Anyway, I'm like you I don't know where they come from but there's pretty smart dudes out there That's for sure now the next chart that we're going to take a look at here is the one with the New York Stock Exchange index I believe yeah, this is making a nice Yes, I scratch my head on this one But very few analysts and certainly the financial media seem to pay no attention to this They pay attention to the downed estrials the s&p 500 and ass jack Don't leave it with that But hey the NYA which is the broadest measure of stock market activity on the New York Stock Exchange Just today went to a new all-time high so Yeah pictures worth a thousand words with the NYA going to a new all-time high Yes, I know the NAS is lagging right now and the various benchmark indices play a lead lag Throughout the process but but the New York composite today at a record high tech in record high ground That says the bull market is live and well Yes, if you if you hold the long-term charts away from your page, it looks like it's going vertical But Larry, I think there's more vertical ascent to go I think we have about another 12 months of bull market and I think we're good We're gonna see the Dow up somewhere in the neighborhood of close to 40,000 39 to 40 that's that's been my expectation for some time. That's what the Nick. I did by the way it got at 39 and change The the Dow industrials back in 1929 got to 386 Which is just shy of the 400 the next lower level of the base power of 10 So that's essentially what I'm expecting our market to do Dow 39,000 ish Before this thing caps off about a year from now Okay, it makes pretty good sense now the next one's gonna Grab a lot of attention and that is the fact that you're looking at Bitcoin here and this has been a One of these things I guess you call it an investment the blockchain or the coin whatever you want to call it But this looks like you have November 10th written here Is this some type of a of a turning point that you're looking at here stand? Only for the short term what I've noted here are all the major Pinnacle highs in the trading of Bitcoin since the summer of 2010 and Each one each one of these that I had I have marked has pushed above a base power of 10 and then pull back So for example the high in June of 2011 got above 10 and then oh, this is a log chart By the way, it's got above 10 and then pulled back In April of 2013. We got above 100 then pulled back November of 2013. We got above a thousand and then pulled back December 2017 got above 10,000 and then pulled back all the way through the present the latest all-time high occurred on November The 10th of last year did not get to a hundred thousand Is the bull market peak in Bitcoin in if history is any guide I would say no, it's not I think The likelihood is we're gonna see we're gonna see Bitcoin Clip that 100,000 mile marker and then we'll have to see Well, you've got 1 million up there too. If you can see 100,000 we could easily do 1 million There you go. I've seen I've seen tweets from people think then it's gonna go to 1 in 2 million dollars From a price of about 20 cents. Yeah, I'm not gonna say that I what I am saying is The likelihood of Bitcoin pushing to 100,000 is certainly very compelling. I'm not even saying that's not the sure thing Yes, could you stay back with us for one more segment? We can talk about covert a minute You'll be right back with Stan Harley this is a Harley stock market letter folks. We'll be right back Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater markets Tiger real estate LLC is a firm that has extensive experience in the Tampa Bay area Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers Make the most informed decisions across all price levels From the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future Call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at tfnn.com That's 727-329-8322 Call us today The technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology That shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 in 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chau or chad Directions daily csi 300 china a share bull and bear etf's china a shares in either direction Visit direction investments.com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at eight six six four seven six seven five two three The prospectus or 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 then hit watch tiger tv. That's tfnn.com then hit watch tiger tv Okay, we're back folks was speaking with stan harley the harley stock market letter And we're now going to go to john's hopkins medical school center where stan's going to talk to us About the covet chart boy this thing really tracks well technically doesn't it? It does larry This is i printed this off about an hour ago This is the data is reported to the cdc for the covet cases and of course It's a horrible scenario not only in this country, but worldwide But uh covet cases right now are at an all-time high Several months ago. I thought I would download the data myself And see if I could apply some technical analysis to it and maybe make some kind of sense of the trends And what I have done here is I've charted this back all the way back to the very very first day that the data was reported All the way through this morning And what I found here larry is the peaks tend to uh be very cyclical that is cyclical Right around 90 calendar days Plus or minus about three to three to four days either side of 90 It might be fibonacci 89. It might be fibonacci 13 weeks I don't know but the regression analysis I've done on the peaks Uh computes the cycle right at 90 calendar days Over to the left over here. We had a peak In uh april of 2020 Then what I've done is I labeled this as a 1.0. So that was a 190 day cycle The next one occurred in july of 2020 then the cycle skipped a beat Two times that Was the peak that we saw in early january of last year 1.0 increment of that cycle in april between april of 2021 and september of 2021 The cycle expanded by about 1.618 pretty close to 144 calendar days I am theorizing The cycle will expand by 1.382 And if it does That would coincide with about 89 times four from this peak in january last year It would suggest the covid cases should be peaking this week And I certainly hope they do everybody hopes they do But the technical analysis of the cycles and the pattern Would suggest a peak this week is very very plausible wow That's really good information even though it's not related market related does give us a little bit of hope that maybe things will get better So I listen I want to I want to thank you for being with us We'll have you on again in a couple weeks, but please be safe And we will definitely keep in touch and we'll have you on sometime Towards the middle uh to the third week of january if that's okay with you Terrific larry. I look forward to it. Thank you very much folks That's stan harley the harley stock market letter you can reach him by going to that site and he'll be happy to send you a sample of the chart Those of you that are listening here watch the treasury bonds very closely here folks. We just hit 15622 That was a new low of the move. It's also a 1.27 expansion number And if this is any good, it's going to hold here within the next five or six pips I would think maybe 10 at the most So that's going to be interesting to watch remember the stocks and bonds are going totally different They've been doing that for quite some time and we'll get back here to look at the bonds here as we speak here in one second I will get this up here because it was one of the things that we have been Ready to talk about today and here we are You'll notice here. I put this chart up so we could take a look at it To see when this rally which is way overdue You'll notice here that we're looking at this market now. We have reached the 1.27 level down here folks That's what that blue that blue Pattern that I just I did the you see the first pattern there in red All I did was clone that and move it over so we should see A rally into that gap level a little over a point and a half just like we did the last time we rallied from 159 All the way up to 160 16 we should see that happen again This is a four-hour chart, but we're in that zone here But anything below that 156 18 level Would tell you that there's something not right here because this thing has been very bearish. It's continued being bearish Whether they're going to bring the you know build back america or fade mexico or promote connect canada I don't know all I know is that these charts in the bonds and notes look very very bearish they've been bearish for months and That market topped well over a year and a half ago And where the bottom is is anybody's guess and one day these stocks will eventually Turn down I don't know if it'll be in my lifetime or not and it looks like I'll have to go to 23 maybe They have to get above these numbers that we've just been talking about folks. Those are important numbers You know, we don't do this for you know For our own health we'd watch this because it helps us You know feed our families and stuff when we watch these numbers If we make new highs in the nasdaq and if we break above 4808 in the s&p And the russell goes up and makes a new high Then I'll take uh, you know very quick look, but you've got the dow jones for fat folks That's only that's only about 15 stocks of the real expensive ones. You know your goldman sacks and Trans america and feel those real expensive ones. That's what's that's what's making the things apple is in there So uh microsoft is in there all of those are have helped now microsoft's getting hit pretty good Many of those fang stocks have already Turned down we've focused on that in the newsletter the past few weeks that they were not looking very good And they've gotten worse as a matter of fact So that's the main thing that you have to remember is that these things are it's a it's a market for stocks In a stock market. So each one of these is different. Look at some of these things that have really gotten hit I I noticed sales force today was down quite a bit and then also paypal was getting hit again And some of the others that have been you know the darlings of this business And that's uh been you know heading things even even tesla had a had a little bit of a sell-off I don't know what it's doing today, but uh, you know, just take a quick look here at tesla You'll be able to see it here. Yes, the uh the uh 156 19 Did it did it get below 156 19? Maria Because 156 19 should hold it because if it doesn't I bought it at 22 I put a five point stop on it, but anyway, uh, we'll see if it holds it, but if it gets below 156, uh 156 16 that would really be a bad sign here Okay, that's the low of the day. So we'll see what happens. Thank you so much. Maria. I appreciate it Here's a chart of tesla, uh, whether that's a double top. It's too early to tell we gapped above The 61 percent retracement on that news and then the next day, which was this is monday tuesday wednesday The prices for wednesday are not in here yet. I believe they were down just a little bit today They'll probably have some pretty good support at 111 1100 excuse me at 1100 in in the in the tesla, but if tesla starts going below It's 156 13 now. Well, that didn't take very long did it. Okay, hold on. There's a five ticks I don't have to worry about. All right, let's move on here. But anyway, if is tesla below the uh tesla is at 1142. Oh, it's it's way up there So this it's got to get below that 1110 level for even can even can thinking that it would be a uh A retracement at all. So that's the main thing that we want to be paying very very close attention to So, uh, wait a minute this the the bonds never the the bonds never got to 16 yet They're 156 20 now i'm showing here from the tv That's usually enough to tell us where we are. We're going to have to take a little break here And we get back we're going to talk a little bit more About the fang stocks and I want to focus on one of them that is very interesting to me. We'll be right back Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts To help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel And become the investor you were born to be tfnn educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices Get the opening call newsletter by basal chapman and your inbox every day First-time subscribers also get a 30-day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Are you looking for a secured investment which pays you on a monthly basis the target first mortgage program May be the program for you the best rate on a five-year CD in the country right now According to bankrate.com is paying 1% per year or $1,000 per $100,000 invested The target first mortgage program pays 7% per year paid monthly on secured high value Buildable properties in st. Petersburg, florida The investment is for four years paying 7% per year or $7,000 per $100,000 invested Your investment is secured by high value real estate in st. Petersburg, florida Your investment can be anywhere from 100,000 to 500,000 Do you want to make 1,000 per year on 100,000 invested or 7,000 per year on a secured tiger first mortgage The tiger first mortgage program may be just the program for you The tiger first mortgage program pays 7% per year paid monthly for more information You can call 877-518-9190. That's 877-518-9190 Okay, folks. I posted the uh interday chart here on the treasury bonds. We went from 15709 down to 15619 And that's where you can see the 1.27 is there and they stop would go below the 1.618 Which is about five pips. I'm risking six. So we'll see that's it Now I did want to I posted the chart here of Microsoft as you can see here softy has been one of the strongest stocks in the Dow but it topped several weeks ago And uh, whether this starts to weaken up more than where we are right now I don't know we're only 50 points from a new high in the Dow Jones. So we could certainly do that But remember, you know, that's a very very small part of the market That's only about 15 stocks out of the 5,000 that we look at The important thing is is what stan harley told us today And the fact is that we made a new high in the new york stock exchange index today, which is itself You know a great feat. So we'll uh We'll watch that one because if it reverses, you know, like we had ever small reversal in apple after that big breakout on big volume And it reversed and whether that's a key indicator or not We don't know to me it has to get below 177 in apple for it to be a negative signal I mean it's got everything going for it just having a little bit of a you know a day and a half pullback on this But if we look at apple and you'll see here if we get below i'll bring this chart up again So we can look at it. You'll see if we get below that 177 level We're going to take out the lows of last week a new year z before we had the run up into the two three trillion dollar level We had that five dollar run up and if it breaks back below that five That's going to trap a whole lot of people over the past 10 days and that will not be a good sign That's why 177 is the key level to be watching And if you get below that then i'll say yes, there's a possibility that we could do this Remember folks people don't remember but fear is a greater emotion than greed and what goes up must come down At least that's what mr Isaac Newton used to talk about but he wasn't involved in a market like this Well, he was in the south sea island bubble I don't know if you know this or not But he lost everything in the south sea island bubble had to start over from scratch as chancellor the x checker Back in the early part of the uk. So that's what we're looking at today Live every day in an attitude of gratitude. May god bless tomorrow is joey d with an apalee We'll be here for these 45 minutes. We'll be right back tomorrow. May god bless You