 It's a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648, internationally at 727-873-7618. Let's go to our man, Alan, homo sasa. What's going on, brother? It's any wonderful. I went ahead and invested in your tiger dollars. And I went ahead and got the gold report for a year, and also your call letter and stuff like that. And I got over 50% return in one day, not counting everything else. But I just want to thank you. Tom's not perfect, but he tells you how to put your stops in and keeps your losses small. You can take your small losses, but then all of a sudden, you'll be like Dave Roode, and you'll hit a home run, I mean, a big home run, and put the money in your pocket. OK, brother, you're awesome, man. Thank you. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. August 30th, folks, kicking into September. You got to love it. Serve the one you love. Once you decide to be a couple, you're there to serve the one you love. To serve your love to your lover and every kiss and every touch, you feel you're there to please the one you love without expecting anything back. Mockin' wise, let's take a look at it out here. We have the Dow Industries up 7, NASDAQ up 157. S&P's up 27. Gold contract down $7, trade in $18.12 an ounce. We've got Silver 4 cents, $24 1 cent an ounce. Light suede crude, up 34 cents, $69, eight cents a barrel, notes and bonds. The 10-year note up 7 ticks, trading out at 134.03, 30 year up 16 at 16 ticks, that is, at 165. Flatten, $king dollar. King dollar down 7 ticks, trading out at 92.678. Euro 118, yen 109.9 zero in the British pound at 137 to 1 US dollar. Our phone number's 877-927-6648. Give us a call, folks. Want to know what's going on in your world and the world of the S&Ps? Let's take a look at them. I'm telling you, man, we'll go over this, but it is bizarre. There's no two ways about it. Bottom line, what we had on Friday, folks, is this. Friday, now first off, let's go back to actually last Wednesday. So we hit a high last Wednesday and you did it with light volume. So it's very easy to take the B point out of an ABC structure on the way up when you do it with light volume. What I've found is that it is what it is, man. And when you take it out, guess what? They like to do these ABCs. You got an ABC up inside the spy. The B point out here is 449, 45. The A's 436, so what do I say? 440, yeah, so you got approximately 14 points. And 46, 56, 60, 460. 460, the spy wants to go here at 452. We take a look at the NDX100, which has been continued to do an ABC structures on the way up. That did the same thing. Bottom line took out the B point. And we had, what, 27 million chairs versus 20 million chairs. Your B point there is 375. Your A point is 359. So this is a big one. It's like a 15 point A to B, which gets you a 385. 385 to 386. So the bottom line, it wants to go. Now, there's a question that let's see that at what point does the probability of a failed patent emerge, it seems that we've pressed these trades many times. What I find, this is, and there's no doubt, man. I mean, there's no doubt. What happens in an ABC market is this. It's an ABC market up until it's not. That's, you know, I saw the biggest one I've ever seen was Amat and Lamb Research. I was trading both of them. And this was in 1998. And this was an ABC market up, I believe. It lasted about 14 months. So we'll see how this works out in the indices. We've been going for quite some time. There's no two ways about it. Today, you take a look at Apple, you're going to see the bottom line is that this is a consolidation and it's ripping apart this consolidation. I mean, in a monster way. You get an expansion of volume out here. We got 74 million shares now. It's not going to take it out on a daily, but in a weekly, if we kept getting volume in this equity, you very well could have an ABC up. And if you do, it's a decent ABC structure in the way up. After the close out here today, we're going to have Zoom come out with their numbers. Zoom right now. Where are we? So that's interesting. So ZTNO, you've got a new ticker. That's interesting. OK, so Zoom, now, what is going on here? Zoom technologies. It's telling me that, no, this is not right. I see what's going on. One second. I mean, one second here. That is strange. Z here we go. Here we go. Now I got it. OK. So ZM. So the low for Zoom was 273. The high is 588. It's trading free 47. They're going to be looking to take in 990 million and take $1.16 to the bottom line. When you take a look at these growth numbers, the growth numbers are astronomical, folks. On a three-year basis, they're growing by 32% a year in the Americas. They're growing by almost 50% of the year in the rest of the world. So it is a monster number. We take a look at this technically. Yeah, once higher price, man. Yeah, this looks to me like I still want higher price. So your last swing points out here. So you've come down. We've come down from 588. That was going all the way back to October of 2020. And right now, we, yeah, this looks to me like you're going to try to render 404. And right now, you're 387. Let's go to the good old dollar. We take a look at the dollar. What we had last week, folks, is that you had two separate signs of strength inside of the gold and silver market. It was on Monday as well as Friday. You had the metal move as well as the equities move with volume and with wide price spread. The dollar is on the verge of breaking its uptrend. Now, if we get this break, I want to see this break on conviction. What we have out here today is that, yeah, you have it underneath the line. But to me, when you break a trend line, I like to see conviction. And what conviction would be is wide price spread. You can see we're right at the trend line right now. The trend line is $699, and we're at $92,698. Bottom line, to me, you get the gist of it. I want to see a bigger break with wide price spread. That's the real bottom line. We go into the note and bond market, and this is unbelievable. This is as unbelievable as the ABC structures on the way up inside the NDX100, folks. And these notes and bonds want higher price, lower yield. That's the bottom line. The 10-year right now, I suspect it's going to go for the highs again. The highs we're talking about is 135, 34, which was generated out here on August 4. That's how this baby is set up right now. And look at this market. Inflation is here, folks. That's my take on the whole thing. You're going to have higher numbers, but the bottom line is that when we start seeing what some of these bills are coming in at, it's going to cost us a lot more money for anything and everything that we're buying. Dow industrial is down three, Nasdaq's up 153, S&P's up 26. Stay right there, folks. Come right back. MUSIC Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years, a frequent contributor to TD Ameritrade Network and CNBC. Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. 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You're going to see it right under Featured Content. You can hit Subscribe. You can get Steve's newsletter for one month for $149. You can get it for six months for $695, which is a savings of $199 at 22%. You can get it for one year for $1195, which is a savings of $593, or 33%. Now, they all come, folks, with a 30-day money-back guarantee. You get everything to win, zero to lose. If you like the newsletter, it works for you, great. You'll be charged. If it doesn't work for you, no problem. You get your money back at the end of 30 days. Steve Rhodes, what's going on? Well, I think I need to listen to my local news a little more often. Meaning that, I think it was on Friday, I knew that there was a storm, like a tropical storm brewing. But then when I woke up Sunday morning, it was like a class four hurricane. So you and I, we dodged a bullet, certainly. I haven't seen the destruction that was done in Louisiana and so forth. Have you seen much of what's? I know everybody lost power, but I haven't seen just how bad it was. Yeah, I guess the lucky thing is that when it really hit landfall, Louisiana has a lot of country, OK? So they got that. But it's going to be billions. That's the bottom line. And as you know, Tommy and I were at Katrina 16 years ago. Oh, that's right. So of course, we watch it. We were in Hurricane Bob, too. So we know hurricanes. Yeah, yeah. Well, it's kind of interesting yesterday. You know what you can tell, folks, it's interesting is that one of the news guys, they were in between a building. And that guy there, there's no doubt, if you walked outside the building, he would have been gone, OK? Then there was another guy that was saying, hey, and the wind was getting them. I'm looking at myself, OK, hold it. That wind hasn't hit there yet because I, you know, when Bob hit the cape, Tommy, Caitlin, and myself, we were out and then we were under our kitchen table, folks, it was so bad. I mean, when we get up. I mean, there was nothing left. There was no houses, the fronts of houses were gone. Wash machines were, you know, free blocks away. I mean, it was, you're getting a good hurricane, man, and, you know, you're done. There's no doubt that you have to, you know, you start getting up in these Class 3, 4, 5, obviously. I mean, you just have to get out of the way. There's no, you know, you have time. You have to get out of the way. Yeah, absolutely, absolutely. Well, we're in the hurricane seasonal cycle, so to speak. And we're in our 86-year seasonal cycle as well. But if we take a look at this pattern, which you and I do, or this chart out here, we can see that we're well above the July 21st high out there. So the question is, are the markets, is this, is this like an inversion? Are the markets moving higher into October? Because at this stage here, at the moment, they're not moving lower into October, or are they, is the question. So here, Tom, if I take that, that chart that we looked at went back about 80 years, this table here goes back to 1970. So it's still 50 years worth of data. And it's clear. I saw some folks talking about this on the media channels today. If we take a look at September, absolutely over the last 50 years, the worst performing month. In other words, when I take a look at this table here, what this represents is the odds of September closing higher than August. So this is a base, this is on a closing basis. It's just about 37%. So it's the weakest month. Everybody knows September is the weakest month. If we take a look at the Dow, and all of what I'm taking a look at here, most of what we're looking at, Tom, is for the Dow. So if I take a look at the daily timeframe picture for the Dow, it has what I like to call a sell the D point pattern, an A to B equal CD, that was confirmed with a bearish reversal candle. In this case here was a bearish sash, right where my cursor is at. And not until that level gets taken out, which is the all time high that we have here in the Dow, will that pattern fail? So there still is a sell pattern or sell signal that is inside the Dow. And that could suggest to move lower into October. When I take a look at the horizontal trading ranges. So this is courtesy in essence of Bud Rolffs who taught us about primary trading ranges. This has done slightly different than his because I was able to automate these. And this takes a look at each timeframe chart and develops new horizontal trading ranges. And folks, what horizontal trading ranges are is the system goes and it takes a look at all the data. In this case here, this data goes back to 1997. And it looks for the largest number of opens or closes. And once it finds that level, then looks for the next area. And that creates the distance or the space in between each of these horizontal trading ranges. And what's cool is this is a monthly timeframe, by the way that we're looking at. And we can see that the Dow is running right up into a resistance level, 35, 644. Now we use this as a guideline, not necessarily as right to the tick. But what we can say here is that the Dow is up at resistance at a time period. There's we're going into the weakest calendar month of the year, September. This happens to be the weekly timeframe. So we just looked at the monthly, this is the weekly. On this chart here, Tom, there's some numbers or some digits right to the right of price. And as an example, at 12,750 and at 10,670. So 10,670, there's been 153 opens or closes right inside that range. Not right to the T, I give it just a little bit of space on either side of that. But that, and then you've got a 48 different opens or closes at the 12,750 level. So that's what creates that distance that creates these additional lines. Well, on a weekly timeframe, we're up at resistance. Let's take a look at the daily. So the daily, we're now kind of in between ranges out here. So if in fact the highs, the top that we have in place, that A to B equal CD pattern gets taken out, then this would suggest that the Dow would head up to the 36, 5, 11 area. But it hasn't done that yet. And we've got a valid topping pattern. Two weeks ago, the Dow also confirmed, now this is a weekly chart that we're looking at. So two weeks ago, and we had looked at the daily earlier, two weeks ago, the Dow confirmed a roads with a deminucator top. That's where price moves higher, does with less relative energy, and then gets confirmed with a bearish reversal candle that we had three weeks ago. And we also had a TD nine count top. So there's two tops on the weekly chart, one top on the daily timeframe chart. And the weekly would say if this top is gonna take hold, price should pull back to either 33, 741 or 30, 014. So topping patterns exist. And therefore, we may now, on the weekly chart, it's possible for price to go ahead and spike above the all-time high, that's the 35, 6, 31 level, that would still retain this TD nine count top. And that means then the following week, when we come back from the holiday, that's where we would determine whether or not the Dow is breaking out. Because if the Dow can close above these topping signals, then that tells us that we're going to continue or should continue to move higher. One of the other things that we monitor are our TAS market profiles. And these are the TAS market profiles for the Dow Equity Future Contract. The key levels out here of support are 34, 949 and 34, 392. So those would be levels to be watching for during the month of September. I also monitor the spot fix index. And this is a weekly timeframe chart. And in this case, if we take a look just simply come back to the 2007 top, just as an example, you can see we had rising volatility going into it. And if we take a look at where we're at now, I've taken this chart here and shown other instances, the bottom part is the S&P 500, where we've seen significant tops. The pattern that is in play as we speak right now is that same pattern. So we're going into a very weak month. We've got rising volatility on a weekly basis that says be careful out there. We've got weekly and daily topping signals. So I think September, Tom, is going to be a very, very interesting month. Yeah, there's no doubt. And I heard you even last week starting to talk about you might have an inversion, we might have an aversion. So this is gonna be intriguing, man, in general, right? I mean. What I don't like, the best thing I think for the markets is we pull back into October. Yes. Because we've had a couple of October highs that are pretty significant. And folks, it's very easy to get Steve's newsletter from over to our website at TFNN. You're gonna see right at the featured content, master in probability. Steve, you have a great one. Safe one. We'll go for the show tomorrow. Stay right there, folks. Come right back. 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 Tiger's Den Trading Room only at tfnn.com. The Tiger's 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 the sharpest minds in the trading world. Subscribers to the Tiger's 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 Tigerses as they share trading ideas, news analysis, and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community, TFNN. 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TFNN is excited about our new software charting program, the Art of Timing the Trade chart. 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 chart allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade chart 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 money-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. Welcome back, folks. I'm Dau. Dau Industrial is down 14. NASDAQ's up 147. You get the S&P's up 25. Let's go look at our small caps, man. Those small caps are what you had on Friday, folks, is that small caps take off top side. That's when you had the dollar go south. Bottom line, what that did is that that allowed the commodity equities to run big time, and they did. When I say the commodity equities, what happens in the Russell 2000 folks, okay? There's a huge amount of mining equities, the huge amount of oil and gas equities, okay? And that's what you got out there. Now, the IWM is in an ABC up also. The B point out here is approximately 224. The A point is 210, so you get approximately, let's say, 14. The C point is 219.74, so we're talking what, 222.34. Approximately 233. And the highs that are out here are 233. So we're going to the highs inside this IWM. That's the way that baby is set up, you know? Because what we do have is that you have the gold contract in an ABC structure on the way up, you have the XAU, the HUI. They both also got signs of strength. They're not ABC structures on the way up, but they definitely got two separate signs of strength last week as the dollar got two separate signs of weakness. The way the dollar is set up is that we're on the verge of breaking that uptrend that we've been in since May. If we go take a look at the euro, because of course if the dollar is going to break that, we're going to see the euro higher. Today it's slightly higher. We're up just six ticks. It's peaking its head out here. We go look at the British pound. The euro is the largest weighting structure inside the dollar. The euro is 60% of it. We take a look at the British pound. The British pound's just flat. And then we go look at the yen. And of course, inside the yen, where the yen goes when that gets stronger, the gold gets weaker, and the yen has a sideways move out here today. The yen was 110.27 on Friday. Right now you're at 109.90, and we'll see whether it can make its way down to this 108.72 area. Inside the dollar industry today, the strength versus the weakness, point-wise what we have, well that's going to be Apple, I suspect, right? Yeah, Apple's putting 30 positive points, Home Depot 25, Microsoft 23, taken away from it. Goldman Sachs minus 40, one rather. America Express minus 27, Boeing minus 21, and JPMorgan minus 15. Lot of action just about everywhere out here, folks. If we go take a look at the 30 year, and we're going to have, so US, you, US, Z, was this, you still, yeah, you're still in action. Okay, so if we take a look at the 30 year, this wants to ties also. In fact, the 30 year didn't pull back as much as the 10 year. The 30 year got to 163.11, where the swing point was 162.17. 30 year wants higher price also. 30 year wants to run up to that 167.04, which is pretty amazing. There's no two ways about that. Now, what we have here is this, folks, okay? You have your, you're coming into window dressing. We're coming into the Labor Day weekend. Bottom line, we'll see how this baby shakes out. You know, what does get intriguing, there's no doubt was the first question that I answered. And it's the aspect of, you know, when do these ABC structures finish and when will it be a failure? Because there will be, that's the real bottom line. And it's going to be at this area here that you'll want to look at it in a large way. The reason being is this. Yeah, let me pull this up so you can see how this shakes out. There's two different things that happen here. I've found that, you know, okay, so you can see, first off, the cues had made a high and they made a high with volume that contracted dramatically, okay? That being said, and I've seen it before, that then you pull back and you hardly pull back at all and then you take that high out. Well, it is an ABC structure in the way up, no doubt. I've seen them fulfill the whole deal when this happens. That being said, however, what we have right now is that we have one down draft day from July 8th with volume. The second down draft day is from the 19th of July with volume. The next down draft day is on the August 19th that also has volume. What I've found, and you've heard many of us, many of you guys and women have heard me say this, the market seems to me always gives you three shots to get out. And what I mean by that is that, you know, you're down with volume, you're back up with light volume, down with volume, back up with light volume, down with volume, back up with light volume. That, you have to pay attention to that. Because at some point, we're gonna come back to those levels. So I'm working through this exercise so you can see the larger picture. And that is the larger picture. But that's the larger picture until this ABC structure finishes. And, you know, what we will get this week is that you're gonna have a contraction of volume, so it is gonna, well, here, let me see how much the weekly is. I think the weekly, I don't think it's gonna be able to do an ABC structure in the weekly because the weekly, I believe, is pretty heavy. Oh, actually, I see, yeah, there's no way. There wouldn't be an ABC anyway. Yeah, because, yeah, no, no. So we got over these highs last week and we contracted dramatically, okay? So this is what we did, okay? We got over the high, we hit 376, 36 last Friday, right? 132 million shares, and it doesn't matter which bar we pull up here. Meaning that, you know, you get four bars that are coming across, you get five bars that are coming across. One bar has 206 million, 140, 1147, 190, and 199. And so each one of them took it out with dramatically lighter volume. So it's a heads up, that's the real bottom line, okay? Let's go, let's see. We have Pelletier, let's see. PLTR, if this is, oh, oh, oh, oh, this is all Pelletier, yeah, this is, okay, this is funny, this is gonna be good. Okay, so Plantier, PLTR, the lowest $8.90, the highest 45, you're trading at 25.89 right now. And what we're talking about is that do we have an ABC structure in the way up? And let me see, on the daily, 17 is the A, the B is 27.50, where are you going, yeah, 27th? On the weekly, one second, sorry, I put this on a weekly, that's 27.50. Oh, cool, well, okay, now let's see this, okay, I see what the tag is doing here, okay. So now, so 27.50, 17, okay, that's right, you're looking at that right. Yeah, cool, okay. So the way this is set up, so your B point out here is 27.50 on a weekly, all right? You're gonna need, on a weekly, you're gonna need 194 million shares traded. We did 226 million last week, that's exactly what you like to see when you are coming into a B point. That's the real bottom line. And my take on this equity anyway, is that it wants to go back to 45 bucks. It'll take a while, it's gonna have to build some cars because it came down so hard. But that's the way that baby's looking. When you get, this is a, get a shooting star out here, it has a high volume high, they love to be retested, you know? That's how they shake out. Stay right there folks, come right back. We have the Dow Industries right now, down 25 Nasdaq's up 143, S&P's up 24, we'll come 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. 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Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction chairs carefully before investing. The prospectus and summary prospectus contain this and other information about direction chairs. To obtain a prospectus or summary prospectus, please contact Direction Chairs at 866-476-7523. 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. Toll free at 1-877-927-6648. Internationally at 727-873-7618. I'm O'Brien. Welcome back, folks, down. Down is down 33. NASDAQ is up 141. S&Ps are up 23. And I want to thank Jeff, one of our Tigers, and the Den for bringing this up. Now, this is pretty wild, folks, okay? We'll see whether this actually gets any traction. But you had the new SEC head, Genslet, Bottom Line and Barons, this weekend, saying that payment for order flow is on the table. He added that the SEC has reviewed the practice of payment for order flow and could have proposals in the coming months. Payment for order flow, folks, okay, has been a huge deal inside of the market forever. Okay? Let me give you an idea. The headline that news here has the aspect of Robinhood, okay? But it's just not Robinhood. I'm gonna walk you through how, whether it's Fidelity or any large fund works. The way it works is this, when there's audits that come in, okay? So, picture, let's just picture it. I'm not picking on Fidelity. We could use anyone. Let's use Fidelity Schwab. Let's use all of them, okay? This is how it works. We have an order and the order goes in. As that order goes in, they have another subsidiary, okay, that the bottom line is that that goes to, now in Fidelity's case and Schwab's play case, it's their own, okay? The bottom line is that that's going over there and the bottom line, they are getting paid for that order flow. So, internally, they can basically get this thing going and it's been happening forever, okay? That's like the hidden deal, okay? So, and it's billions and billions of dollars. So, I suspect number one, it is gonna be really tough for them to basically pull that off because you are gonna see lobbyists come out of the woodwork on this deal in an incredible way, okay? We'll see where that shakes out. It's amazing to me that Robin Hood is actually not getting hit a lot more than it is because they definitely do depend on the order flow because of the aspect that it's such a retail marketplace, okay? And it's monster numbers. Let me see, I believe they, they might, I'm not sure if they break it out. No, they don't break it out, okay. And bottom line, it's a very large number. So, we'll see where the rest of this goes, but it's a big deal. Another thing that came out over the weekend, this was pretty cool, and I'm gonna walk you through this one because this is, this is, this is John Paulson. So John Paulson, folks, okay, he had the biggest shot in the housing market, made a lot of money in the housing market, meaning shotting the bonds. They were, they were, there's an interview on with David Rubenstein on Bloomberg. That's, if you, it's a good interview. You listen to it if you have some time. And it's, the bottom line is that what I've seen, anyway, in the investment business in general, folks, okay? There's very few people that are like the bridgewaters of the world that have had a consistent record over the course of years, okay? People make big scores and they have a hard time. And you know, so you'll, you'll, with Paulson bottom line, he was, once he had that, I believe he made 11 million, a 14 billion, let me see. Okay, so let's get this straight. Yeah, he made 20 billion. He made 20 billion on, on the shot, on subprime mortgage, okay? They were asking him, you know, about the market in general and what he's thinking. He's saying that, listen, inside the credit default market, there's problems, that's number one. They were asking him about the aspect of, you know, does he think that, what are the hottest investments out there that he thinks have problems? And they were all the sparks, okay? So he's saying the sparks are gonna be big problems and he thinks that most of them are gonna be in losing positions. This one here, though, is the ultimate, that he's thinking that, well, cryptocurrencies are in a bubble that will eventually prove to be worthless. Worthless, okay, mind you. Now listen to this, though. This is what's really cool. This is what I loved about the article. They were asking him, well, if it's gonna be worthless, can't you go shot, you know, the market? And he was explaining that the, okay, so what happened is this, after his big score, he peaked out with 38 billion in 2011. And then he didn't do too good and it all went down to basically nine billion by 2019. So what he ended up doing was just end up opening a family office. Okay, so let me go through this. Okay, here it is here, let's see. Oh, here, this is it. The subprime trade was more than 10 years ago. Have you, have you or anyone else come up with something quite as good as that? I haven't found anything as asymmetrical as that particular trade. Asymmetrical, meaning you could lose a little bit on the downside, but essentially make 100 times your money on the upside. Most trades are symmetrical. You could make a lot, but you risk a lot and if you're wrong, it hurts. That area today, but the area that's most mispriced today is credit. You have a current inflation that's well in excess of long-term yields and there's a perception in the market that this is transitory. I think that they brought, they bought, I think they bought the federal line is that it's just temporary due to the restyling of the economy and that's eventually going to subside. However, if it doesn't subside, are it subsides at levels above the 2% the Fed is targeting that ultimately interest rates will catch up with bonds, bonds will fall and that's scenario, the various option traders related to bonds and interest rates, no, let me just say, sorry about that. There are various option strategies related to bonds and interest rates that could offer a very high return. He goes into the aspect that he still loves gold. The bottom line is that he's saying the last time that gold went parabolic was in the 1970s when it had a two-year, we had two years of double digits. The reason he's saying gold goes parabolic is that basically there's very limited amount. There's no doubt it's on the order of $7 trillion while the total amount of financial assets is closer to $200 trillion. I talk about that a lot, meaning that it's a very small market. So what happens in inflation is that as inflation picks up, people try to get out of fixed income. They get into cash in a larger place in order to basically keep up with inflation, ends up being gold. Because of the amount of money trying to move out of cash into fixed income, it dwarfs the amount of investable gold. That's where he sees that still going up and he's still a big believer in gold. The cryptocurrency deal, and this is where this gets wild, okay? I would say that cryptocurrencies are a bubble. I would describe them as a limited supply of nothing. So to the extent that there is demand, more demand than a limited supply, the price would go up. But to the extent that demand falls, then the price would go down. There's no interesting value to the cryptocurrencies except there's a limited amount. Cryptocurrencies, regardless of where they're trading today will eventually prove to be worthless. Once the exuberance wears off, our liquidity dries up, they'll go to zero. I wouldn't recommend anyone investing in them. And then Ruben said, well, if that's the case, why don't you put a big shot on it? So listen to this one, this is cool. The reason we sharded subprime in size was because it was asymmetrical. Sharding a bond at par that has a limited duration that trades at 1% spread of treasuries. So you can't lose more than the spread and the duration. That's the key, folks. And crypto, this unlimited downside. So even if I could be right over the long-term and the short-term, I'd be wiped out because he's still saying this unlimited upside also. So pretty cool interview. Lowes, dowes at down 48, stare at there, folks. 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But today our food sources don't contain the vitamins, minerals, and nutrients that we need to stay healthy and strong. That's why we need Primal Edge daily nutrition. It includes a special blend of ionic, soil-based, vitamins, minerals, fatty, and amino acids in an easy-to-use liquid form. Primal Edge is powered by highly concentrated humic and fulvic acids. Nature's preferred delivery system. They've been called miracle molecules because, like sunlight, air, and water, without them, life cannot exist. That's right, Ellen. They ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal Edge, just $89 exclusively at tfnn.com. 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. Welcome back, folks. We get a question that is the GDX in an ABC... Well, building cars to go to lower price, and it's not, even on the weekly. So if we take a look at us on the weekly first, what you're gonna see is this, is that on the weekly, two weeks ago, we did 107 million shares. We traded down to $30.68. We were going into 153 million shares. We were going into 152 million. We did 107. We rejected lower price. And then last week, you go topside with 130. That's how you come off bottoms. You test the lows, you do it with lighter volume, reject lower price, and then, as soon as you come off, most of the time, you get some very fast moves. We got a very fast move on Monday, as well as Friday last week. Both with volume. Monday was 34 million. Friday was 43 million. My take is that we hit a low, we're at the low, and you're gonna see a very fast move higher. I expect we're gonna have a fast move higher first, up to the highs of 3582. You build some cars, then you're gonna go up to the 46. What you wanna remember also is that we take a look at this gold contract. The gold contract had one monster hammer. And the larger that a hammer is, and I've seen a few of these folks, okay, on a monthly basis, okay, this is a big signal. And that signal, I mean, it was about as good as you can get. The low of the month there was 1692, the high was 1777, and we closed out at 1775. When you see something like that, they flushed everyone out, man. We're going higher. Dollar's going lower. Inflation's here. Bottom line, we'll see how this market handles it in a few more months, but my take is that we're on the road up to higher price inside these metal markets, inside the commodities. Copper's going along with the deal also. You're gonna see it, you're gonna see it everywhere. That's the bottom line. Once it starts clicking off, and it's real possible that the NDX100 and the NASDAQ have already basically seen it, felt it, and that's what they're moving all about. Always remember, folks, whatever you think about, you bring about, whatever your focus on grows, and whatever you want in life, folks. Visualize that like a nice big motion picture. Step into it, take ownership of Infly. With the thanks to be in here, folks. Have a great night, have a safe night. Please tell your friends about TFNN, ask them to come back, visit us tomorrow. Tommy kicks us off. Great show. Have a great one, folks. Have a safe one.