 The following is a presentation of TFNN. The TFNN Bull Bear Trading Hour. Every trading day, live at 10 a.m. Eastern. Call now. Tolls free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Trading Hour. Now, Tommy and Tommy O'Brien. Welcome folks, appreciate you growling and prowling with us out here. We have the Dow Industries down 93, you get the Nasdaq off 52, S&P's down 12.5 gold, gold contract up 1080 trading at 13.54. Now this has caught quite a bit. And it's off the highs man, it was over 13.60 at one point. 13.61 maybe, quite a run. Big time. Because dollar is dollar up too, right? It is up. So when you take a look at this gold market folks, it's been going after this high of 13.61. So 13.62-20. Now what you're going to have out here, you're going to have monster volume, which is so cool. Because it looks to me that you're actually going to have an ABC structure up, bringing you up into the, let's see this, 3.31. You need 331,000 contracts for confirmed ABC structure up. And we can get one pretty easy. Yeah, exactly, exactly. So your B point on that is what, that's 13.52. And your A is pretty good, is 12.74. So you're talking about 80 bucks. Yes. And that would get you 1,400. 1,400. 1,400. Easy enough, sounds good. Yeah, totally man. Pretty well. So the silver market also caught a bid. It's only up like 7 cents right now. It was up 20 cents. That has volume behind it too. Notes and bonds, higher price, low yield. You get the 10-year note, up to 127. 14, 30-year, up 10, 154.18. And this is where the divergence comes in. And the dollar is still up. The dollar is up 261.6, trade 96.770. Euro is at 112. Yen's at 108. And you get the pound at 126. You know, if we go inside the NDX100, you're going to see it's, this started last night. AVGO, yeah. Broadcom. How those chip stocks do in this morning? Not too good. You know, this is interesting, man. Only down 17. It was down 25 this morning. Yeah, was it 257? Yeah, 257 was the low. Yeah. So, you know, this is going to be pounded into this low. You know, you get some volume already, man. We're already at the three points. Can we go into the newster then? Yeah. Because it was driven. They came over the earnings, right? Yeah, they brought their yield down by 2 billion dollars. That's the way to see, exactly. Yeah. And I saw an analyst on Bloomberg this morning talking about, like, okay, so is this a big Huawei? And Huawei is only not even a billion dollars. So there's other stuff going on there. Right. And I'm sure Huawei is a big part of it, but that's the scarier part is that it's not just Huawei. It's not a one-off. It's that there's a slowdown. In general. There's 2 billion dollars, man. So, let's, yeah, well, we'll go like this. We'll go inside the NDX. And I suspect the chip stocks are going to be on the right-hand side. There you go. There you go. You get advanced micro. It's down a buck. It's not the end of the world. Yeah, almost 4%. 3.6. Yeah. Skyworks is down at 3.6. That's a big supplier of Apple. Fast and All. I said, yeah, I'm not quite sure what Fast and All does. What is this company doing? Can we talk about it enough? I know. I know. Construction. Oh, I see. It sells industrial construction supplies in the wholesale and retail business. Wholesale and retail fashion. Oh, fashion? Yes. That was the end of that sentence. Oh. Right? Yeah. Oh, no, in a wholesale and retail fashion. So it's just saying that it doesn't hotel, it doesn't retail. Okay. Right. Okay. So sales come from a fluid transfer, hydraulic parts, pneumatic power, generator, electrical, wallowing supplies. Okay. Well, there you go. Industrial. Thread fasteners. That's where they get their symbol from. I guess. Thread fasteners. Like screws, nuts, bolts. Oh, yeah. Just legitimate. There's good money in that, folks. I bet. Those little things all cost money. Yeah. Machines can pump them out like so quick. It's unbelievable. Other sales come from, right, fluid transfer parts for hydraulics. So it seems like parts, you know, where you need those screws. You need those. Right. If you're manufacturing something, you might need the parts for it. That's it. Somebody's got to send you bolts. Totally. Who's the person making the bolts? Yep. Is it stainless steel? Is it not stainless steel? Sure. The boat. Notes and bonds. Let's go take a look at that note and bond market. So, uh... So we had retail sales this morning, right? Yeah. Strong number. And that did. That turned this around. I mean, the note market and bond market was a lot higher. We were at 127.21 this morning. You're at 127.13. Now, that's still going to be fine. It still wants higher price, you know. Um, we hit... We didn't hit a low today. Uh, the low is 2.071. Okay. We're 2.079. I believe if we do it this way, what you're going to see, which is the reverse, I mean, what the yield is... Well, look at this. So, that's 2.0517. Yes. And today we're at... Do we get it? 2.0563. Ah, we're way off now. Well, we have here. This is the... To me, this is the building cause, folks, to get into this 1.73. Um, so it's going to be really intriguing. It's an important level, no matter what. It is. Because it's hanging down there. It is. Because it's hanging... You can see that what it's doing. It's 2.0144. Yeah. You know, you break that and it's gained down to the bottom of that strength. Yeah. And the top of that strength is 2.15. Okay. You know, once you start digging into it, you know, it's still a little... It's still up in the air because of this swing point right here. Sure. But, you know, bottom line is that the way that... The way that gold's reacting... Now, this is getting really interesting. This must have had to do with when that video came out. Cause it's 2 o'clock in the morning. That when I show you the... Sorry, what video? Go ahead. Well, the video came out... I don't know if the Pentagon released it... Oh, for the oil... For the attack on the ships. Yes, I saw that. Okay. And that might have happened at two in the morning. Because when you look at two in the morning, what you're going to see is that silver took off as well as a 220. That's when that... We had the spike from 1360, 1369. It's involved. And that's really unusual. I mean, you know, because normally what you see is the 820 in the morning... Sure. You know, but what we did do is that when those numbers came out, the retail numbers, you can see they break gold down. Yes. That's... So, bottom line though is that you're going to have higher price... Well, you've had higher price in the gold market. You're going to have the volume behind it. So, that still wants higher price, man. So, we were talking about the basketball game, right? Yeah. Right. Pretty cool. Toronto. Toronto. Yeah. That's quite a story in terms of the season. You know, Kauai Leonard, them getting them from him for a year, and all the speculation was, how are you going to trade for him? You're going to get him for a year, and then he's definitely going to leave. That guy took a lot of flak. Really? Oh, yeah. Because you trained for somebody... I saw his headlines and I didn't know what that was. So, you trained for somebody. They have a year left on their contract. Yeah. That's it. You're... And they're getting... That made it, though. That's what... And they made a calculated wager that maybe they could be able to keep them, right? Right. Even if they didn't maybe, but the plan was maybe they get a good run, that maybe they bring somebody else in even, or they build around them. Really going to be interesting now. Will he stay? Will he stay. Yeah, right. And, you know, he should be able to do whatever he wants to do. Man, he already brought him a championship, right? It'd be tough if you make the championship, then you leave. It's like, oh, he came so close, but I want him a championship. If he wants to run, hey, he's got it done. Either way, they're all winners. And he's, I believe, I didn't even... I watched the other game, I didn't see the end of it. I'm assuming he won MVP for the finals. And if he did, he already won it in San Antonio for the finals MVP. Really? And he's only the third player to win a finals MVP for two different teams, the other two players. It's LeBron, and it's either Wilter Kareem, where it's like pretty, yeah, it's quite a third person. NVIDIA, NVIDIA, there's another chip one. You're going to see that. Baby's getting, you know, some selling pressure in it this morning. Down 440, you're at 143. It's been a one-way trip down from this 193. Stay right there, folks. Tommy and I are coming right back. Our phone number is 877-927-664-REIT. We have the Dow Industries down 66. Nasdaq's off 40. S&P's off 9.5. Come right back. 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Toll free at 1-877-927-6648. Internationally at 727-873-7618. Folks, Dow. Dow right now is down to 66. Nasdaq's 40. S&Ps are up 10. Down 10, rather. And if we go take a look at Beyond Meat here. Can't go a day without talking about beyonds. I'm telling you, man. It's rocking and rolling again. This is up $14.60. You think they get some premium pricing in those options, man? And when I'm moving 10% a day? Seriously, man. Seriously. And, you know, this is... It's going to be wild just watching how this whole thing shakes out. Yeah. Because we do have a story out here, folks. This is pretty interesting, actually, is that you got this... I'm sure there's more than one out there for you. It's amazing. Now, this one, yeah. What this is about is that impossible burger shortages hit White Castle and Red Robin. So, you get large restaurant change, Red Robin and White Castle are reporting shortages of impossible foods, popular meat-free patties, even as the plant-based food producer embarks on a nationwide expansion with Burger King. Maybe that's why they're experiencing it. It's not good, yeah. Yeah, big time. Yeah. So, this is the calls to a dozen Red Robins and the same number of White Castles on Thursday found that only two locations of each chain had impossible foods patties available with no consensus from the others on when they will get them back. Individual locations in New York to Hillsborough or Argon with the burger on the menu told customers this week that they are fresh out. Now, that being said, as you go through this article, you're going to see that then they... Once they made this deal with Burger King, this writer also went to Burger King. And guess what? There's no problem with Burger King. Yeah, everywhere. They coincided with the arrival of the possible Burger... Whopper, the impossible Whopper at Burger King. A Whopper. Yeah, tested in St. Louis in April before expanding to cities. Now, impossible. This is the competitor you're going to be on. You went in. They're a private company still. So, Burger King, owned by restaurant brands, doesn't seem to be affected by the shortage. Every Burger King location contacted by Bloomberg, including St. Louis, Miami, Alabama, Georgia, they all got them. And Burger King did not immediately respond to requests. Yeah, why would you respond to comment? Let it speak for itself, man. They must love that. And we're saying, you know, Burger King, kudos to their supply chain management, man, that they made sure, you know... And look at this. Impossible Foods stole Bloomberg earlier this week. They had this production now on the menu at 9,000 restaurants. Imagine how many burgers you needed to go 9,000 restaurants. And what I also wonder is that... So, how long do these stay good for? Do they give them to them frozen? Because you may see more variance. You sell like 100 one day and you sell 10 the next. Whereas, you know, I mean, there might be that type of variation early on, whereas they can probably pinpoint exactly how many patties they're going to sell on any given Monday, Tuesday, Wednesday, Thursday, Friday. They're probably not quite there yet for this type of a product. So, this is pea-based burgers. Okay. So, you better like peas, folks. I guess... I'm going to have to definitely try one. I heard today that the meat market, something like $270 billion when all those plant-based drinks, and talking about almond milk came on the market, they took about 15%. Do you hear this conversation on Bloomberg? So, those drinks took about 15% of the market. Okay. Maybe over 10 years. That's in some capacity. I'm not sure this is a comparable example. That's going to be the point. But they say, you know, if you take 15% of the meat market... Master. Excuse me, that's like $40 billion. I don't know if that's going to be because I'm... I'm okay with going away from drinking so much milk in the morning for coffee or stuff. But I still just am going to have meat occasionally. But I might add that. I might have this instead of something else. You know, I don't think you're just going to treat it out. And the people that are vegetarians, they'll try it. They will, too. And they're not in the meat market. It's really going to be an addition. Like, I don't know if you're going to see a decrease in the red meat market. This just might be added to the diet as they come in. But it's pretty interesting. These are going to change in 10 years, you know? Yeah. Yeah. It's going to be interesting to see how they taste. Yeah, I'm excited. I'm going to try one the next time. I'm going to look for them in the grocer. Try and grill it up. I want to see what they look like. I know, exactly. They look like a patty, man. Do they? Yeah. If they put it in a regular package, I think you probably wouldn't know the better. That's why those meat producers are all up in arms. They got them right next to the beef. So let's take a look at some of the higher volume equities out here. We have Facebook up $3. Apple's down $2.50. Broadcom is at the big one. That's down to $17. And Vinny's down $4.50. Let's go take a look at Apple. Down a bit, huh? Yeah. And this is going to be people are trying to figure out, okay, even the Broadcom inside the chip sector, are they getting affected? Sure. Well, they definitely took skyworks down. Yeah. We'll see whether they get any volume behind this move today. It would make sense, right? If a company like Apple is going to go gangbusters selling products and phones, well, the chips are going to do well. Right. So if the chips are pulling back, well, who's not ordering all these chips? No, no, no. It's probably going to be at least a part of the mobile. Right. Yeah. All right. If we go take a look at the NVX. So the Q's right now, you know, you're down at $5.9 million. Now we've been messing around here for, you know, the last five days up at this level. And this level is bringing you into the downdraft in the 10th. That's, and, you know, yesterday was anemic volume, but so at the close. So check this out. I saw, I was watching the shows in the den. Go ahead. They're saying in the den, you know, I got to start buying it at $3.54. That was great. That was great. I was cracking up. I was like, yeah, I know. Why would I have been doing that? And what Peter was talking about, one of our targets in the den folks, he was talking about the aspect is he had so many days in a row that if you take a look at this. I had to buy it for the last five minutes. Buy it exactly. Show up to work at $3.50. Right. $3.50. Give yourself $10 and buy it at $5. Oh, too funny. And there's the, there's the, the, that's the e-mini. You want to zoom in a little bit so you can see. That's a, that's a monster number. That's, that's eight points, you know. Oh, huge. In a heartbeat. Maybe in 10. Is it 10? Is it? So where I'm looking, the lowest, $28.88? Yeah. It's 10 points. 98 to 98. 98. Yeah. So 10 points is 500 bucks. 50 bucks. Yeah. Point on the e-mini. These are 10 minute bars. Yeah. And that's the final, basically 10 minutes. Let's break it down and see how even on a, where are we on a minute? Oh, you'll love the minute because he had the minute. It was a monster. Let's see how many minutes you actually had to. Perfect. I like breaking it down like that. Right. And look at that one bar, man. Oh, yeah. Oh, the final minute. The final minute really got it. Yeah. You only got to work one minute for that. And that, and that came in on the NASDAQ also, folks. And then right after the close, so the cues closed like three pennies over the high of the prior day. And then two seconds later, it was right underneath it. Nice. So what did happen? I got the print, huh? Well, because of the Latco, because of Broadcom. Broadcom. Broadcom came out and then that took the NDX down. I'm sure. You know, and they had about a heartbeat. Yeah. It actually didn't do as much damage to the futures, the NASDAQ futures, when they reopened. You know, but this morning you get some pressure inside these futures. Yeah. We go take a look at these. And the thing that, you know, we've talked about is that these chips, man, can take the market, well, the NDX up and down in the NASDAQ composite. And they tend to start dragging the market down, period. It would make sense for the same reason we just talked about Apple, you know. I mean, they're all in the same business in some capacity. When you start talking about chips that make phones, that make computers, that, you know, Apple, et cetera, it's, you know, the whole supply chain. Yeah. There's no doubt. Let me rearrange this for them in there. I think we might have that one. We'll get it. Just right. The Silver. Let's go take a look at the Silver market out here. So Silver also caught a nice bid, came off that high, really came off that high. Look at that juice, man. You get $78,000. It's a good thing. They can try to keep selling it up. But guess what? You are pushing that swing. Last time we were up there, you had $105,000. We're at $78,000. We're going to do more than that. So hang on. Volatility's coming at you. Stay right there, folks. Tommy and I come right back. Hi, folks. Tom O'Brien here. If you'd like to get my daily newsletter of Market Insights, then now is a great time to sign up for a 30-day free trial. Every morning by 9.30, I send out my morning letter to subscribers with market commentary on a variety of markets, currencies, and commodities to keep investors up to date on the day's trading action. Included in Market Insights are specific buy and sell recommendations for stocks, ETFs, and even options, which stops and price targets included for every trade in my newsletter. 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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 going to 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. Folks, Dow. Dow right now, down 61. Nasdaq got 41. S&P's off 10. Let's go take a look at Platinum for one of our Tigers out here. So, let's see. What's the trade at $355 today? I'm going to tune in for your show and I'll ask Peter in there. Yeah, totally. So, you know, bottom line, Platinum still needs the strength. You know, it hasn't, you know, you've broken a small downtrend, but you need, you know, when you go back here, you get, what, the third? The third, we go up in bra volume. That was the first time we got any strength. You know, I like what it actually did in the fifth, even though it gave it up. But you need another sign of strength, you know, and... Especially as you have Gold Rockin' and Rollin' today to be actually down right now. No. But you get a strong dollar, so there's something going on individual for Gold, for sure. And I think I looked, I'm not sure. I was trying to find the time when that story came out about the Iran. It might have been last night at 9.30, so that might not have been it. I'm not sure, but... And you can see that they're moving this someone down Gold again. I mean, it's, this is just wild. The thing that's going to be wild, folks, is that I suspect this is still going to be an ABC structure up, because I think it's, what do we say, $333,000? If that's what it is, it's going to take that out. Yeah, $330,000. And they're $252,000. Yeah. I would agree. We'll do that $75,000, which is pretty cool. Decent number. We're just going to look at that retail sales, maybe. Do they have the number... Because what is a good number? $0.4 or $0.5 after a flat? That was a good number. We're spending money, even. You know, what's intriguing about that is evidently that there's a lot of companies that are not getting the retail dollar, but the split is that evidently there's a lot of companies that aren't. Yeah, they're making up for it. There's a split here somewhere. Retailers posted a broad-based gain with the value of overall sales rising 0.5% from April. This isn't year-on-year. It's month-to-month. That's a big... And figures for the previous two months were revised higher. Manufacturing output also increased for the first time this year. So with that, excuse me, with that in mind, right? The headline is, fat cut isn't a slam dunk. Yeah. Everything is interest rates. Right. Which it makes sense. What do they consider retail sales to? Like, is everything in there? Yeah, that's a good question. I'm sure they should be. We'll pull it up in the next break. Yeah, sales. Inquiring minds want to know. No, I want to know. Let's see. Okay, so sales of automobile and potsteel advanced 0.7% after decreasing 0.5% in the previous month, revised upward from a 1.1 drop. So that even is... Yeah, so you had a 1.1 drop the previous month. That got revised only half a percent, and then you had a 7% gain this month. Now, that'll get revised next month though, right? Is that how that works? I think. So excluding automobiles and gas, retail sales increased 0.5% after 0.3% gain the previous month. Well, the cash flow is going. That's the bottom line. The revisions were positive. That one, too, was a decline, and now it's a 0.3% for the previous, and a 0.5% for this month. The Fed Powell's going, come on, man. Why are you going to give me all these conflicting signals here? Yeah. Are you not making it easy when we get CPI that points to inflation, right? Cuts coming on. No inflation. Exactly. That they're going to have to cut early in the week. They want 2%. And then they have retail sales that are strong. Right. And say, ah, maybe you don't need to cut. Yeah. That's kind of, it's this. I saw for the first time, too, headlines, you know, we're always talking about that second. It's more interesting almost talking about when the market, and I believe, can we go into the Fed from futures? I believe it was right around 48%, which is close enough that it's a coin flip. Because I looked at it after September. Well, so guess what? This, that, yeah, we're at 59%. So that went up. We're at 59%. That was in 1948, like yesterday. My point is, I saw, and even yesterday, it ticked up, too. I don't think it just waited for the retail sales, but they had gotten over 50. And I started seeing articles about it getting over 50. And I was like, everyone, it's all about. And it's, it's, that's, that's coming down the line. And you know, so the kicker here, folks, gets really intriguing because there's, there's an analyst on Bloomberg a couple weeks ago. And what he's talking about is that, what people should be aware of is that, like when high, when rates go up, the Fed doesn't go up a half a percent. But when rates do go down, the Federal Reserve, don't be surprised if they say, okay, we're just doing a half a percent. Okay. And that would be, you know, I don't expect them to do it, but that would be a kicker beyond belief. Could you imagine? Yeah. Yeah, that would, that would, it would be hard pressed to see. Let's go to Greg in Buffalo, New York. Hey, Greg, what's going on? Hey, how you doing, guys? Morning, Greg. I had a question on the gold. Paul Tudor Jones, I don't know if you're familiar with him, claims this is going to be the trade of the year. He sees gold going as high as 1,700 because of lower interest rates. I wanted to get your take on that. Yeah, I saw that yesterday. He did a video. You can Google a video, folks, with him on Bloomberg. So, you know, he's one of the big money managers out here. He had been very successful. And, you know, my take is that the, I don't have the aspect that, okay, you know, we're going to 1,700 right now. When, when I, when I take a look at this, I mean, I'm bullish gold, that's for sure. The real question is going to be, you know, can we take out this consolidation that we've been in, you know, since 2013? And if we do, guess what? Everything is game, meaning even the 1,900 is game. Because when you look at this, what you're going to see is that, you know, it's been just a sideways move. That's May of 2013, you know. And what's going to be cool there is that, it looks to me like we've got an ABC structure on the way up, Greg, right? So if we get that confirmed out here today, you're high of this whole consolidation. You know, you can say it's 1428. You know, the bottom of that is like the 14, 1377. It's, if you take that out, well, guess what? Your next move up there is, is that 1,800, man? No, that's remarkable. We haven't seen those highs. 1377 is 2016. You get above that and you're going back to 2014. I mean, five-year highs, six-year highs, yeah. And when you look at this, what you're going to see, see the last time that we just came down from February, you know, through bottom line the last couple of months, that's a very shallow retracement in the context of how markets move. So that's saying that, you know, Gold was strong in the first place, even with the dollar at highs. So yeah, I think we got game. I mean, they're coming into this market. I mean, if you watch these Gold equities, they've been buying them big time. And I think, you know, I think we get action here, man. What I haven't figured out yet, what I'm trying to figure out is like, okay, so did it move last night and did it move on the fear deal or did it move that people are just saying, okay, as an asset class, rates are going down and I want to buy some. That's what you really want to see, folks. You don't want to see that, you know, you get trouble and it just pops because what happens there is it pops and that comes right back down, you know, so. So I think there's action there, you know. Okay. Thanks a lot for your opinion, guys. I appreciate it. Okay, we appreciate you growling and prowling with us, man. Thanks for the call, Greg. Okay. Buffalo, New York. You're glad that spring now, I mean, summer now, right? Buffalo, that's Buffalo. They get that lake effect, man. They're almost in Canada. Maybe they're celebrating. They get that lake effect. I mean, and Buffalo, folks, it's amazing that it picks it up. I think it's Lake Erie. It picks it up off Lake Erie. It comes around. Drops it off. Drops it again. It comes around Lake Erie. It picks it up again. Drops it again. I mean. I just want to point out, as you know, you're talking about, this is that run from, um, for Golds. Yes. And that's a retracement. Right. 38%. You know, you could call that the, you know, a linear regression as in. That's a pretty good correlation of where that was bouncing. 38% right now. I know. That pullback for sure. Yeah. Very good. So, that's a great question. Stay right there, folks. Tony and I are coming right back. Our phone number is 877-927-6648. Dows down 87. Nasdaq's up 46. S&P's are off 12. Come right back. If you're in the CD market and looking for a secure investment, the target first mortgage program may work for you. The security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida. 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He got to love it. Lou, what's going on, brother? Hey, Tom and Tommy. Morning, Lou. I'd just like to get in on this gold. You're just talking about gold? Yes. I don't trade much anymore. I'm an old coot, older than you, Tom. Old coot. But back when I was trading, the Japanese used to buy about 10 times as much palladium as they bought gold because they love palladium. Okay. Now, I would assume that's still true, although I haven't checked in many years. But you were talking about the palladium market here starting to perk up, right? Well, what's amazing about palladium is that palladium went to the moon. This contract, we're trading at $14.50 right now. And what happened here, you hit a high out here of $15.63 in March. And this has to do with the car suppliers moving from platinum to palladium in the car business, basically. So once that happened, which happened about four years ago, that's when palladium, I mean, it caught a bid beyond belief. It's a softer metal. It's easier to get out of the ground. But it is what it is. And there's more demand than there is supply of palladium, you know? Right. So platinum took a hit on that, right? Oh, a monster hit. Yeah. Platinum. Monster hit. Okay. Here's what I'm thinking. If the big money in Japan decides to go for the precious metals and get out of some of this paper they're printing up by the tens of trillions, we should see an up move in palladium. And if we do, that's going to tell me that, you know, some of the big money in the world is moving into the precious metals. I mean, it's been going in, you know, we've got the central banks buying. We've got a lot of stuff going on. But, you know, Tom, it doesn't take too many of the really big boys deciding to put, you know, some of their money into the precious metals, the actual physicals. Right. Now, I believe what you meant to say, though, is that you'd be having some moving platinum, right? Versus palladium? No, palladium. See, because palladium is what they used to buy. The Japanese, see, when the Japanese, when the big move was on in the 80s and Americans were getting into gold, the Japanese were getting into palladium. I see. When they buy physical, they buy about, or they used to, they used to buy 10 times as much physical platinum as they bought physical gold. Okay. Now, I would assume, so if we see a move up in palladium, you know, like, you know, a big move, you know, like talking 10, 30%, 40% maybe, that's going to tell me that the big money all over the world is moving into the precious metals, you know, I mean, most of the money is going to go into gold because there's very little physical palladium, right? Well, this is, it's hard to tell, man. I don't know enough about that palladium market, actually. You know, I remember when this, you know, even when palladium was trading at $220, you know, that the palladium bulls were saying, right, we're just saying that, hey, listen, man, there could be a shortage of palladium if, in fact, the car companies move to palladium, which the car companies did, you know, so, you know, as to precious metals, though, well, hey, it is what it is. It's worth more than platinum in gold right now, so. It might be the new norm, you don't know. Yeah, yeah. Well, see, it's been a new norm for the last decade or so, right? Not that long. About four years. About four years, palladium has overtaken the platinum as well as the gold market. Yeah. See, back when I was trading, palladium was like 90 bucks, and platinum was 1200 bucks. Yeah. You know, platinum used to be the king. No longer, it seems. There's no doubt, man. I mean, it's pretty intense, yeah. Well, you know, it was the auto market that affected that switch, but what I'm saying is, if palladium goes back again to being the king, that's going to tell me there's a switch all over the world into precious metals by the big guys. Yeah, I don't think it takes much to move the metals market because it's so small, really, do you know what I mean? Well, yeah. If you go on and try to buy physicals, pretty hard to do. Well, you're going to pay a premium, but, you know, there's plenty of metal out there when you want to buy it. I mean, you know. There's plenty of gold, but there's not too much palladium. I mean, platinum. It's hard to buy physical platinum inside. You can get the bars, what you can't get, and you'll pay a fortune, is that you can't get the eagles. No, you can't get them, but you're going to pay a couple hundred dollars. I bet it's more than a couple hundred right now for an eagle, which is pretty wild. For a premium you're talking about. Yes, right. Exactly. You can get the bars, Tom, you can get the bars, but can you get a few tens of thousands of bars? No, I don't know about that. Yeah, no, there's no doubt about that. When this shift comes, it's going to come like a freight train. All I'm saying is, if you see that... Okay, man, you have a great one and a safe one, Lou. Appreciate the phone call. Okay, well, thanks. Thanks, man. How about Bitcoin? Oh, XBT, yeah. I was waiting for it. Now seems a good time. We're almost at 8,500. Really? Yes, 8,406. I'm being a little liberal, but we were just out running around eight earlier this week, so you've got to be happy if you're a bull. 7,400 to 8,400. And we bring this back four months. It was 33. That's hard to comprehend by God. It's a nice return. 33 to 84. That's right. Right? The question is, how many people went from 20,000 to 33,000? Oh, there's no doubt. And when you take a look at this, the thing is pretty wild is that when you look at this chart, folks, okay, it looks that this thing's not done going up. It looks to me like it's going to try to test that 10,000 area. You know, let's see. It got to 9,088. That swing there is 9,795. Yeah. Yeah. Because it hasn't backed off that much, you know? Yep. It'd be a dicey trade though, buying it at 84 when it was just at 33, right? Like a hundred feet ago. Seriously. Because we all know you can... At 33, thinking it could go to two. Oh, and it could. And it goes to 10, right? Guess what it was. At 53, then it went to 33. Oh, yeah. Oh, no, no. Trying to catch that falling. No doubt. Somebody caught it. Let's go take a look at Amazon out here. So Amazon... Amazon within a dollar. Going sideways. Facebook. Going to get... Facebook got a little bit up here. Yeah. So that's up 373. Maybe Facebook is up on the news that the president is all about taking phatic info. Oh, yeah. Yeah. Well, I heard... Facebook has to get a plug. They're full of fake info for Intel. Right. I heard... I think you were telling me that there's a video of Mike Zuckerberg out there, right? Oh, yeah. That's a few days before, but, yeah, the two technology... Instagram, right? I'm not sure. Instagram and Facebook, too. Oh, no, I know. I know. I think that's where... It was all over the web in terms of, yeah. The point being that it was an edited video of Zuckerberg. Yeah, right. It's amusing. Check it out if you want a good laugh out there. But the point being that they kept it up... Someone just bought into the Dow. We just bought from down 60 to down 30. S&Ps off 7. NASDAQ off 31. Come right back, folks. And for the last 12 months, Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6, and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is, marks can be timed, and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. It's amazing to think that Tom O'Brien started his weekly gold report 17 years ago with the first issue published April 7, 2002 when gold was trading at under $300 per ounce. Gold peaked at more than $1,900 in 2011 and after spending many years consolidating at lower prices gold may be poised for its next big run. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, South African Rand as well as 25 different mining equities with specific buy-sell recommendations. 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Using the Chapman Wave methodology along with other indicators Basil Chapman advises his subscribers of his expert market opinion today with his opening call newsletter. Right now you can get a two week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two week free trial to Basil's newsletter of the opening call today by visiting TFNN.com. Folks, Dow. Dow Industries right now only down 14. Nasdaq's off 28. S&P's off five and a half. And coming this Wednesday. That's right. Yeah. You got some action for yourself. We do. Mr. Steve Dahl. You'll be in there Wednesday night, June 19th. Coming at you five o'clock for a 60 minute webinar. I know you and Steve are going to be in there talking to the TAS Profile Scanner. And I encourage people to check it out. Perfect time. Going to be a live webinar. Really Steve breaking down everything. You're breaking down how you use it as well. But man, he understands that software so well. Just talking about all the features, the functions of the software. Yeah. And Steve had specifically sent over the three-step process. He uses to identify the market's biggest movers and how to trade them. Should be a great workshop. The software is phenomenal, folks. You do it. You're still going to do some work on it. But the bottom line is you hit a couple of buttons. It'll tell you what's bearish, which bullish, where the levels are. Knowing where the levels are of where the buying and selling come in is a pretty cool deal. So you got some time tonight. You got some time today on Friday on the weekend. Check out some of the videos. If you're thinking about it, right on the order page. Scroll down here. Steve's put together a number of awesome videos. He's got a hello message up there up top. But then just breaks down all these different features, man. So you can get started on that. Get ready for Wednesday's webinar. You'll have 30 days to get used to that software. 30-day money-back guarantee. You're not into it. Just let us know. If you find that subscription, and encourage everyone to check it out, man. This will be a good webinar. I'm going to be in there, too. I really like using this software. But I always feel like I can understand it a little bit better. It's a perfect time. No, I agree. There's no doubt. He showed me a couple of things just when I'm doing the interviews. Sure, I bet. Do you know what I mean? I listen to those, yeah. And what happens, folks, what's inside there, which is really cool, is just one little tool. It's a market breath. And the market breath is amazing, though, because it's simultaneously telling you what S&P stocks are above the profiles or below. Check it out. Check out that video right there. Boom. Stay right there, folks. We've got fast market coming up next, and then, man, Mr. Basil Chappen. Steve Rhodes, Dave White. We'll be back this afternoon. Thanks, man. Thanks, man. Yeah. They'll get them, folks.