 Good morning everyone, Basel Chapman here on this 22nd day of January, Monday and we're looking at the Dow for the Tiger Financial News Network 10 o'clock market update after of course Tommy Jr's show, market kickoff we've got the Dow up 215 at 38,077 up in the 38,000s wow and you know what this is the 13th week of the single leg aid to the upside in the weekly chart from the low that was made at 32,327 low of October the 27th we're looking at the S&P S&P also making a new all-time high here at 48,68.41 this is actually a leg B in the weekly chart that's a very good sign and leg D in the monthly chart very strong move to the monthly chart QQQ we're looking at the NDX100 up 2.38 at 423.56 now I think Microsoft's pulled back a little bit after hitting 400 mostly because of some news about hacking we'll look into that later in the week and see how it's affecting the stock but in the meantime the Q's are really strong it's only a leg B in the monthly chart that is incredible IWM finally playing catch up of 383 up 2% at 196.29 now it's starting to improve it had a horrible a couple of weeks coming down when the other industries were making all-time highs gold was down much sharper it's now down five but it's just stuck in this range especially if you're looking at the dollar which is not doing all that much pullback seven ticks at 103.22 still hasn't hit that 200 period moving average of 103.73 for that leg D missing leg D looking at the bonds we've got the bonds now up almost a point and that's good because yields are becoming down at 120 in 27 30 seconds now let's look at crude oil crude oil is up 91 cents at 74.16 it's also like gold it's just kind of stuck in this lower range hasn't been able to break up there's a lot to discuss I'll be back for the target technicians are in a few moments check out my opening call we've got a real mix of triple digit stocks and single digit stocks in our portfolio I'll be back in a moment