 The following is a presentation of TFNN. The TFNN Bull Bear Training Hour. Every training day, live at 10 a.m. Eastern. Call now toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Training Hour. Now, Tom Antt, Tommy O'Brien. Welcome folks, appreciate you growl and a problem with us out here. We have the Dow Industries down 16. NASDAQ off 17. FCP's off 6. Gold contract up 10. 20 trading at 14. 63 an ounce. You've got Silver up 16 cents. $16.85 an ounce. Light sweet crude. Up 28 cents. $57. 8 cents. A barrel. Notes and bonds. You get the 10 nearer up 10 ticks. 128, 27. 30 up 20 at 157. 177. 19, and both notes and bonds. They get some juice behind them as there are already 700,000 contracts inside the 10. King dollar. King dollar down 10 ticks. Trading 98, 299. The year is at 110. The yen is at 108.74 and the pound's at 128 to one US dollar. So, Tom, we have the futures down 6. The futures were down 14 and Paolo came out while they released his testimony and he says everything is basically appropriate. That's the headline, man. 10 S&P points, boom, shook it off. We might have record highs by the time we're done with this program again. Shook it off, no doubt about it. Let's go over to our man, Mr. Kevin Hicks, the TD Ameritrade Think-A-Swim, as we do each and every Tuesday, Wednesday, and Thursday. And don't forget, folks, if you haven't test driven yet the Think-A-Swim platform, really easy to do. As you're at our website at TFNN, just hit the Think-A-Swim banner, bring it up to allow you to trade the paper money each and every trading day. You want to understand options, options, strategies, futures, outstanding programs. Kevin Hicks, what's going on? Good morning, Tom. Good morning, Tommy. How you guys doing? Morning, Kevin. I'm telling you, man, inside the trading room this morning, Kevin, right? Futures are down 13, and a couple of the Tigers and Tigers are saying, you know what, I can just smell 3,100 again. And as soon as the transcript come out evidently of Powell, boom, 11 S&P points in about a second, so. And remember, for traders, when you're bullish and the market opens down like it did this morning and like it traded all night, overnight, buying the opening dip is easy. But that's an easy trade to justify a lot of people. But action this morning was watching CPI come out, when you see a 0.4 and CPI is good night bonds, right? Why did they do that? Well, when you dive into the number on CPI, 3.7% rise in gasoline prices, right? 2.7 for the whole energy complex, that was more than half that number. So if you take out energy, which the core does, this number was just okay. It was in line and that's why bonds are firm with a CPI number that you would think maybe was a little on the warm side, but take out gas and it wasn't so warm. Yeah, interesting. And I heard this discussion yesterday about the aspect of basically gas, whether they take out gas and they take out energy and food, right? And the analysts are saying, well, hey, listen, man, that's great, but the reality is that everyone needs. But then they really explained that, listen, that's volatility back and forth longer run was three or four or five months, that basically settles itself out. So we can see how that shakes out. What's gonna be really intriguing here, Kevin, is that, I mean, we know bonds got hammered and what they didn't do though is they didn't get under their breakout area from August, that month to day in August. So it's like, after so many years of this happening, each and every time it seems when they get hammered but they don't basically go back to where they really exploded top side again, it's like, okay, man, are you gonna go for it again? And if they do, it's like, why? But we'll see how that shakes out. But I mean, the good news is we have a lot more economic data coming out the next two days, right? We got PPI tomorrow, we got retail sales and industrial production on Friday. So a nice, heavy week of data, not only today we have Walmart's earnings after the bell, that'll be a big number today. That we'll deal with on fast markets and we'll look at this, Walmart's gonna take up a lot of the oxygen around this market today, discussions about how to treat Walmart. Oh, there's no doubt about that, man. I mean, because they have so many cylinders simultaneously going, right? I mean, the bottom line is that you don't only get the largest grocery chain in the world, you know, their online presence is basically accelerating, man. Right, and that's what you just touched on exactly what the number one thing everyone's gonna be looking at is the growth of e-commerce, right? Mark Lorre, their head of the US e-commerce, he's the man on the hot seat here. He's gotta keep e-commerce growing because any missing e-commerce, and no matter what they earn, and you know the revenues on Walmart are massive, right? But if they miss on e-commerce growth, the stock will be soft for sure. Right. Now that Mark Lorre, and is he the same guy that had Jett and then they brought him in? Right, and when they produced that camera, he came to Walmart and he's head of US e-commerce and his role is vital in this company because that e-commerce segment is really the way Walmart gets graded now on their earnings report, the growth of e-commerce. We know they can get it done in their retail stores, can they start getting it done and competing with Amazon online? That's what the market really wants to figure out. And guess what, when you look at the amount of shop is that Walmart has and they all have phones, the bottom line is that you start getting them used to those phones and ordering, you're talking about a whole different number. You know, it's remarkable, I was in a Sam's Club. Sam's Club, you know, they just have so much business, man, on Sunday. Just packed house, man. People, as they're five o'clock on Sunday, Kevin, I think they close at maybe six o'clock and to get out just like a Costco, right? They kinda like, they check your receipt because they got no bags, right? And there's a line of people just waiting to get out of the door that have already paid with their shopping carts full of items. So it's just remarkable how much business. And everyone thought when this whole war started, that Costco would be the most competitive with Amazon because of the membership fee, right? And how they could do it. But it really, it turns out that it's Walmart that's the most competitive because of how big they are and their ability to just drive down margins and compete with Walmart, you know, with, I'm sorry, with Amazon. So Walmart has been incredibly, you know, strong with Amazon in some ways, the most competitive, frankly. Yeah, there's no doubt. And listen, there's plenty of folks that won't walk in on Walmart. But guess what? I can see them on it all day long. I mean, I, you know, I remember, I like, you've heard it many times, these things are so inexpensive. Like it's like, man, if you don't go to Walmart, it's stupid. And that's why I bring up Sam's, because Sam's is great. They don't have the same type of, you know, or the Walmart might, you know, it's just great. Big box, you know, discounts, they've got Christmas stores already, the deal's going crazy out there. Yeah. And I'm a 58 year old guy. And when I go in Walmart and I can notice that prices are cheaper, just the eyeball test, they're cheaper. That tells you something. And it's a big cheaper too. It's noticeable. It is. It is. I don't know. Listen, folks, right here, 45 minutes from now, outstanding show, you want to understand option, option strategy, defined risk, great program. Kevin, you have a great one, safe one. Of course, we look forward to the program in 45 minutes. He's getting ready. He's out there. All right. It's a beautiful thing. Thanks, Kevin. Stay right there, folks. Tommy and I are coming right back. If you're not currently using the Taz Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a muddy weapon. The Taz Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Headed by Steve Dahl, Taz understands that in today's technological world, the use of top flight software applications and technical analysis expertise is essential to successful trading in today's market. 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Hear all of the TFNN shows, plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tiger's Den are on the front page of TFNN.com. TFNN has launched our brand new website. You can still visit us at the same TFNN.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Call now toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks. Dow industry is down 11, Aztec are 15, S&P's are five and a half. And let's go over and take a look. We, you know, many folks know about this deal, okay? This is quite a deal. And it's must solar deal has become the top threat to Tesla's future. Look at this man. Yeah. Solar city. Pretty remarkable, right? So this deal taking place in 2016 was, I believe it was Tesla purchased in solar city, right? So you had a controversy from the get go for sure. They purchased the struggling solar sales and installation business that he co-founded with his cousin, with his cousin. So you have Elon testifying under oath here. And so he faced constant criticism right from the get go. The move was called a catastrophe. I'll get it out for Tesla, a 2 billion plus bailout of a debt saddle company of which Musk himself was chairman in the largest shareholder. Not bad, right? You buy a mess of a company that you're the chairman and largest shareholder for $2 billion despite plummeting sales and substantial layoffs in the solar division under Tesla after the merger. Musk has fervently defended the solar city acquisition once calling it blindingly obvious and a no brainer. But in a stunningly rare moment of contrition, Musk expressed regret over the decision at his deposition, part of a class action shareholder suit that's gained momentum in recent months, quote unquote, at the time I thought it made strategic sense for Tesla and solar city to combine hindsight's 2020 Musk said, if I could wind back the clock, I would say I probably would have let solar city execute by itself. And so 85% of shareholders approve the acquisition had only their devout faith in Musk to go on when they voted three years ago this month. The CEO said a combined Tesla solar city was always part of his master plan and would create the world's first vertically integrated clean energy company. The hope was that customers, excuse me, would drive a Tesla, harvest the energy from Tesla solar panels and charge it and then tie the ecosystem together with the powerwall home battery. But they got court filings unsteal this fall, thousands of pages, internal emails, board minutes, presentations, and executive testimony reveal how truly dire the situation was behind the scenes with almost every significant promise Musk pitched publicly either misleading or false. Man, right? But you gotta read the next sentence, folks, is the ultimate. Yeah, the documents and lawsuit offer an unprecedented look at what happens when Musk's reality distortion field comes up against the reality of testifying under oath. Tesla didn't respond to a request for comment on the suit. Yeah, I imagine not. And they get into even more, man, going down here, right? So from the outset, Musk's quest to buy solar city was riddled with question marks. He'd already bet Tesla on the Model 3 that $35,000 sedan was it really the right time to engage in distracting merger and acquisition gambit? Musk had said solar city was on solid financial footing. I have to chuckle as you get that out. But internally, he wrote that the company needed to solve its quote unquote liquidity crisis. Solid financial footing and liquidity crisis are about as far away from each other as you can get. Solar city turned out hemorrhaging cash in danger of defaulting. And this is where really, you know, the board had boxed. So did Evercore, one of its banks. And I'm just gonna slide down because the conflicts are just jarring here, man. Besides his cousins were running it. Its board and Teslas had complicated overlaps. Six of Tesla's seven directors were Musk associates, including his brother, with solar city ties. Wow. Antonio Gracius was on the board of both companies. What's more, and this is where it's remarkable, Musk had used his other entities to raise capital for solar city. SpaceX, for example, had purchased a quarter billion dollars of solar city bonds. Musk bought $65 million worth. Teslas directors has to grapple with this apparent self dealing as Musk pushed them to reconsider the acquisition in May. Musk said he recused himself from these deliberations. But court filings indicate he remained actively involved, even advocating for the move directly with bankers and investors. And you know, he came up with the concept of a solar roof that resembled a traditional roof. Man, oh man. Excuse me. Pretty intense, man. Yeah, I said to you during the break when we were reading this, conflicts of interest in anything people should be very, very hyper aware of. Because even if the person is doing their best to separate themselves, you can't. That's the nature of a conflict of interest. That's why even Supreme Court justices have to recuse themselves. Right. Get a little frog in my throat here. Go for it. 877-927-6648, you get a flat market. That's the real bottom line. Pretty wild. Excuse me. Let's get over and look at the gold market, though. So what we did do is that you get a good little bid happening in gold right now, particularly from going from last night to today. Yeah, I think 1446, I think, was the low yesterday. Yeah, so gold's got to get back inside, well, right there, but it happened in 1465, actually even 1470. 1470, that feel better. September 30th, huh? Yeah. That had climate back up into the higher range. If we go into the GDX, the GDX was getting some nice jeep yesterday, as at a rejected lower price. And GDX is going to need a lot more volume right now, though. 5.3 million. And it's hard to tell. We're still early. There's no doubt about that. But I'd like to see that price spread wider. That's a small price spread, only $0.16, $0.2670 to $0.2686. But what I do expect we're going to see out here is that we're going to get more volatility throughout the day because you get enough happening. Do we? What's going on today? Yeah, you get the impeachment hearings there going on right now, and then Powell's at 11, right? Yes, yeah. Powell's at 11, OK? So if we take a look at some of the higher volume equities out here, what's intriguing is that some of these stocks don't even know that a higher volume, well, Smile Direct, I do. That stock's just, this is, so watch this one, folks. These poor folks who have ever bought this. Good. Slightly taken to the cleaners. So this is, you know, aligns, braces. This one public, I think, at $23, yeah, $23. September of last year. That's this year. Oh my god, September of this year. Otherwise known as two months ago. It is. Yeah. So you're going from $23 down to $9.22. And yeah, this is. Man, oh man. And what are they, do they get, can you go, did they get a print just before, did they get a print? Of course they did, $23. Maybe that means they traded there? I'm not sure. Maybe that's just, yeah. They needed that print. All right. Interesting, man. Wow, that is one disaster. I find it, that's two months ago. Yes. And you were mentioning that you had looked into that. I did, yeah. Institutional ownership. This is something I talked about, conflict of interest is always jarring. Well, this you could call a conflict of interest too. Nobody owns any shares, that's right. Here's the CEO, 37,000 shares. Excuse me. How's that? Chairman and CEO, 2014 to present. This doesn't even make any sense, do you know what I mean? September 16th, 2019. Now, can I just ask what's the 87 million? This is what's intriguing. I think what this is. Is that 31% of the company? That is. And I think what I'm trying to figure out is that, let me just look at this again, is that his ownership? Was this a, let me see, issue info? No, this was brought public by JPMorgan, Bank of America City Group. Sometimes when you see that. Just to be aware, the lockup is all the way through March. So God knows what's going to happen on March. Maybe we can, can you go back into the institution? What are like the top holders, right? Yeah, and what it is, is that it's a company. And I'm trying to figure out today, go from one company to another. Stay right there folks, Tommy and I, come right back. Exactly. Hi folks, Tom O'Brien here. If you'd like to get my daily newsletter and 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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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. And if you stay and smile direct for a second, the lesson you can get out of this one, folks, is if you have to work too hard to find out who owns it. Yeah. Something's going on. Watch out. We pulled these up enough on the program that it's not this complicated to figure out what insiders usually hold. And this is usually the screen. You go to the insiders holding. And you can see the castman is the CEO. Says he owns 37,000 shares. But what's interesting is when you click on him, well, let's just go on PhD. You gotta get the other company. There's another company involved. That owns 37 million shares. And you get three castmans in it. And how do we get to that one? I think we pulled up castman first. Which one? How do we get, I get, this is where we got lost even. Going down the rabbit hole. I'm waiting. That's the, exactly. So we pull him up. Okay, there we go, yeah. And then. It's gonna list his shares. Now, this is where it's all right. So he's got 87 million shares of this company. Let's stop. I don't know if there's even another one. I think we wanna, I know, right? Yeah, let's see if we pull this up. I'll tell you what. Let's go PhD. See, we'll try one more time before insiders. Yeah, that's how we got it last time. Yeah. And then we click on castman. No. No. Because they got it. That's what, there it is. So this is what's interesting, right? You have this small direct class B, LLC, of which owns 31%. You click on. 87 million shares. You click on this and we go into security ownership in this company. Okay, so this is 31%. Katzman, Katzman, Katzman. Jordan, maybe that's his father, maybe that's his cousin. You got Steve and Katzman down there. Right. So they own all of this company. And when you go into the description of this company, which is interesting, it's an identical description of the company, $3.5 billion market cap. You get different smile direct unlisted. So. Right. Whether you want to own that company. Yeah. 23 bucks, $9 and less, 60 days, right? Pretty amazing, actually. It sure is. So we had SWKS, let's see what they had to say. They came out with numbers last night. That's a big semiconductor company. Okay. Created to $95.55 this morning. You're at $98.98. And. Now they're looking for a 5G boost ahead, even though they came out with some weak numbers, it seems. Okay. They saw that top. Yeah, everyone's looking for 5G. So here we go. First quarter revenue, $8.70 to $8.90. This is what they'll be looking for. The estimate was $8.71, so not bad. Fourth quarter, they came in at $1.52 versus $1.94. But the estimate was $1.50. And they came in at $2.7. Revenues are pretty close to in line, man. That's down 18% year over year. Fourth quarter margins right online, 50.3 versus 50.3, not bad margins, man, 50% margins. I know. Intense, right? Yeah. A little bit higher expenses though, fourth quarter. Research and development expenses, $106 million. Market was only looking for $94. Spend a little bit more money in R&D there. Maybe that's where, maybe they're spending that money on 5G. Yeah. You know, if we go back to the Seoul city just for a second, it's one of the targets saying anyway, now this is what's really wild. And Tesla assumed all the debt, which was trading for pennies on the dollar, the bond holds got bailed out. Yeah, and we just heard, right, that who owned those bonds? SpaceX. Right. Elon himself. Right. Yeah. Big money. Imagine doing one transaction, pulling in 300 million. That's where the conflicts are just, you know, it's one thing if it's your own private companies, man, when you're playing with other people's money and you're bailing out companies you own. Personally. Yeah. So we go into last night, you're gonna see Europe down slightly today. Last night though, Hang Seng, you know, Hang Seng. Boy, it just gets worse and worse, man. Listen, they get, I mean, I just can't imagine. The university, I believe the school's closed over there today as well. Yeah. I mean. And that is only a sign that things are worsening, not getting better. Oh yeah. And then the students are many of the people, the ones protesting. Now they don't even have school to go to. So when you combine that into things, one person was saying this morning, which is just not a good development, man, let alone the human harm going on. Right. And so, Hang Seng, bottom line is, you know, you're at 26,570 and the bottom of this deal is 24,540. And I would say that things can get a lot worse. I really hope they don't, but don't think that this is like things getting bad over there. You know, that's the worry. Oh, there's no doubt. Yeah. There's no doubt. Because I can't, I'm trying to figure out the way out for them and there's not a way out. And that's what I kind of worry about as well. Right, because it's like, what? You know, Beijing is gonna back down. I don't think so. No, they don't want that to start happening in China. The last thing they want is the Chinese citizens thinking that they can protest for their rights the way that the Hong Kong citizens are. Yeah. Be a whole different ball game. Yeah. A whole different ball game. So let's go take a look at the silver market out here and silver right now. We have 19 cents. Yeah, that's gonna need a lot more than that. You know, after that down draft, we need a nice big sign of strength. So 16.94. Starting to get back inside the range. We'll see what they can get back inside the range. We're gonna have our man, Mr. Teddy Kegstad, coming up. And he's always up on a good day. You know, because we have this pound in the Euro. I mean, they just been laying there flat. Like nothing is ever gonna happen. Yeah. 30 days until the election over there, I think, right? Right. 30, 31, 32, December 14th, is that what it is? December 12th, somewhere, right there. Yeah. And we bring that pound up. This thing is just laying there. We're at 110. I mean, that's the Euro. Bring the pound up. Same time. You know, speaking of time flying, as you get on this, I heard somebody saying on Bloomberg this morning that when Trump had come out originally saying we got the phase one deal done, he said we'll have it in three weeks, four weeks, five weeks from then. And I think that was November, excuse me, October 11th or something, this coming Friday is five weeks from that day. So I wonder when the market, they're having a good discussion, starts to maybe worry about, you know, and I don't know why you wouldn't worry from day one with the verbose way that things get boasted from the White House, but we're now at three, four, five weeks, everything. Two weeks, two weeks is getting done, man. Infrastructure month coming in two weeks. And I anticipate that we may see some headwinds, we'll see. Yeah, and then the ad lib that was added, and if we don't get a deal, I'm gonna go up on the tariffs even more. Yeah, yesterday, in terms of the question he took from the economic club in New York. Yep. So an eco-eagle, let's take a look at the eco-new, this is catching a bit out here. So that's a buck 48. That's something to keep your eye on, not to buy it, but an eco-eagle was the strongest equity on the last run up. Yeah. And it tends to happen, you know, is that these can stay strong for two or three years on runs, you know what I mean? That we went from $40 and May up to 64 in August. Yeah. You know, big pullback came all the way back to 51, but it's on the run again. You know, and when these things get on the run, you want to pay attention to them. Stay right there, folks. Tommy and I are coming right back. We're gonna bring our mam's to Teddy cakes that we are gonna be talking currencies, Dow industrials, Dow up down 14, Nasdaq off 17, S&P's off four and a half, gold's up 1170, notes and bonds still catching a bit. 10 years up 10, 30 years up 20, come right back. If you're in the CD market and looking for a secure investment, the Tiger 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. The Tax Act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits, which makes these lots valuable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. 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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 and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV for the latest market information. Folks, that was flat. Nasdaq is down eight S&Ps off three and a half. Let's go over to our man, Mr. Teddy Cakes. That is, we do each and every Wednesday at 40 past the hour. You can reach Teddy every trading day, folks, at forex-trading-unlocked.com. That's forex-trading-unlocked.com. Teddy Cakes, what's going on, brother? Good morning, guys. We've got some interesting market swings going on in some of our Asian markets today, huh? Yes, there's no doubt. We're kind of laying there in the euro and the pound, but there's no doubt that Yen, I mean, as you were saying last week, it got over that 109.39, but it hasn't stayed. Thank God. Right, right. Well, today they had the Royal Bank of New Zealand that surprised everybody by not cutting rates a quarter point, so that pushed that market like a balloon underwater. It's kind of funny. The New Zealand dollar, US dollar, looks just like the Hong Kong dollar or the US dollar, Hong Kong dollar trade, where it's just an explosion because they're buying dollars in Hong Kong right now. Interesting. We were just talking about Hong Kong, man. That place is in trouble, man. I mean... They are. They are. And the currency is, it's kind of funny. I heard you guys saying how the euro and the pound are very quiet today, and it's kind of funny because you really have this situation where we have the US, we have the impeachment procedure that's beginning right now. Everything's quiet, and then we have the tariff thing that now is coming maybe on hold again, so that doesn't seem to be phasing anything, but you have the New Zealand dollar, that's exploding, and you have the US dollar Yen and the US dollar Swiss that look like they're starting to get kind of heavy, and I think that they're gonna start to point the way of the dollar as well. Yeah, no, I can see that. I can see that. The thing that's amazing, and you just brought it up, is that the market's shaking everything off, man. Do you know what I mean? It's just like, the dog just shakes it off and says, okay, nothing else is new, man. Do you know what I mean? So, like, and because we know what the election's in a month, right? Over in Europe, right? Yes, in England. You think we'd see some movement out there, but I can see the, I like the aspect when you're talking about that. It might be the Frank and the Yen that basically tell us where this thing's going, man. Yeah. I think so, and it really surprises me the most, is like, we have the British pound, which that market never really has a small range, even when it's boring and is slow, and the range has gotten so tight, and we have the Euro US dollar. Like, how can the Swiss have more volatility than the Euro US dollar? That doesn't make any sense to me. Yeah, no, I'm with you. And with Teddy saying that, this is cool, folks, because when you have anomalies like that, it's like, you have to pay attention to them, because that just doesn't stay there for a long period of time. Yeah, exactly. There's a volatility play coming up in the pound, and I think it's going to be to the upside. I think the dollar is going to finally have a nice little turnaround over the next couple of days. We have some big numbers. I think the CPI is not going to disappoint tomorrow, but we have Powell's speech also coming into this week, and then we also have the impeachment stuff. So I think the dollar, it has no reason to rally right now, except for, obviously, currencies like the Hong Kong dollar or the Chinese one. Those are, there's a reason there. But then you look at some of your lesser majors, you have the New Zealand dollar. This is a big paradigm shift for that currency. So this is probably more than a one-day rally. Then you have the Australian dollar. It looks like it may have bottomed because of this New Zealand dollar shift. So that's going to give those bulls a little bit of a lift. And then with the yen right now, if that's rallying and the dollar is falling apart against that market, well, I think the dollar index as a whole is going to probably start to leak out a little bit over the next couple of sessions. Yeah, I just brought up that Australian dollar. So this thing, it's amazing is that, boy, if you live in some of these other countries that your currency fluctuates a lot, man, you have absolutely have to be a currency expert, don't you? You got to watch a lot of things. That's for sure. It seems it, you know what I mean? It's like, I'm just looking at the Australian dollar. We get what, 82 cents, two years ago down to 68 cents, right? I guess if you do business out of the country, you definitely have to watch it. That's for sure. Yeah, doing business in the country a little bit different, but pretty amazing watching how this whole thing is just shaking out. And then the Mexican peso, not that we're trading that, but it was intriguing yesterday that Mexican peso bottom-on took off. Mm-hmm. And you talk about a range, man. I was looking at this range because the range is pretty amazing. So, I mean, keep going today too. I mean, yesterday we had a low of 1911 or 1945. When you bring this back, it's like, man, this is like a range-bound deal that basically likes what, 21 to 18. And it's pretty much the range. I think it depends on when the vacationers are coming and going the most. Okay. Yeah. Really? No. You know what I mean? But you're right. The peso's been pretty much in a range now for a couple of years like that, between 18 and 19. We have listeners that are right on the border that live both places, and they seem to have done very well. And the aspect, if they can keep their eyes on the peso versus the dollar, because the bottom line is that whether it's real estate, Carlos going back and forth, you're talking about monster money when you got a move that's only two or 3%. But guess what? Two or 3% in the real estate market ends up being a big deal. But you do. Yeah. For sure. Yeah, absolutely. It's actually a very good play for people who are looking to buy down there. Yes. Yeah. No doubt. No doubt. So, what do you think about this yen? I mean, it's still hanging up there. Do you think you get a shot that we get a stronger yen? No, I think, well, yeah, I think the yen can get stronger. Yeah, I think the US dollar yen right now is definitely, it's gonna start to be in a bear trend, I believe, for at least, I think the next couple of weeks, especially because we don't have anything with the trade deal thing once again. So I think that's gonna start to thwart things with that. It's gonna start to make the yen stronger. And I think the dollar index is gonna start to get heavy as well, especially if we do get a lift in the pound, like the pound right now is wedging. It's gonna either go up or it's gonna go down. And we could still see a correction down to a buck 26, but I don't think it's gonna go lower than that. I think it's got a solid base and the bulls want to run with that one still. Yeah, it seems that the pound definitely wants any kind of deal done. That's, it seems like every time they're close to a deal, whatever that deal is, the pound wants to run and it runs pretty good, meaning getting strong, you know, so. We're on like three years of uncertainty, which is remarkable, yeah. Yes, there's a little bit of clarity going on with the pound now a little bit. The pounds are saying, let me loose. I'm gonna be fine, okay? You know, I, you know, I, it's so strange that the pound isn't even at 128 because, you know, over the course of years, you've always had, you know, 156. I remember when the pound was 211, I was like, oh my God, you go to London and like, forget it, you live it in a shoebox. Yeah, exactly. You know who might be set up for a run too is like, you guys gotta think about this. What happens if they start to finally come to some little bit of a medium ground for the Brexit issue? And then we look at the numbers in Europe, you know, everyone's looking at a slowdown in Germany, but they equate that to the economy and the consumer base. What they're not equating it to is the fact that there's been a big turnover in the manufacturing industry and especially Germany and throughout the EU. Their transition to like electric cars to begin with is they're losing employment because they don't need, the cars are being made differently. There's not as many parts, there's not as many components. It's more modular, even servicing. There's a whole bunch of jobs now that are being displaced and they have a lot of corners that they don't hang out. Oh, that's intense. Listen folks, Teddy, first off, thank you so much, man. You have a great one, safe one. We look forward to speaking with you next Wednesday. Okay guys, have a good one, thanks. Stay right there folks, Tommy and I are coming right back. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability 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, six and three months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is markets 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. If you're a trader in the market looking for exposure to gold or gold mining equities, then now is a perfect time to sign up for Tom O'Brien's gold report. 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Basil Chapman has just announced a live 90 minute webinar he'll be conducting for subscribers to his daily trading newsletter, The Opening Call, which will be taking place Tuesday, November 19th from five till 6.30 p.m. Eastern time, titled A Comprehensive Review of the Chapman Wave Techniques and Market Outlook Ahead for 2020. This is a great time to sign up for a 30 day free trial to the opening call while gaining access to Basil's live subscriber event taking place later this month. With some stock picks up 15 to 30% this year alone, Basil will review many of the Chapman Wave techniques that helped in their successful analysis as well as providing the sectors and stocks that he thinks will be of importance heading into 2020. For all the details, check out The Opening Call on the front page of 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. And folks, as you come over to our website at TFNN, right under featured content, I'm man, Mr. Basil Chapman. He's gonna be doing his subscriber event webinar next a week from yesterday. You got it, man. Six days from right now. Tuesday, November 19th, he'll be in there for 90 minutes, comprehensive review of the Chapman Wave techniques and market outlook ahead for next year, 2020. Encourage everybody to come check it out. You can sign up, get a 30-day money back guarantee. Basil's gonna be talking about kind of how he selected some of the picks that he's had for winners this year, the techniques, whether it's moving averages, rhythm of movement, practical application of those, and the formation he looks at in particular, how he's drafting his Chapman Wave notations and talking about different sectors and stocks that he's already looking at for the next year ahead. That will be archived if you can't attend live. It'll be 90 minutes a week from yesterday, Tuesday night, five till 6.30. Check it out on the front page. New subscribers, 30-day money back guarantee. And of course, you gain access to his great newsletter, updates every day, updates over the weekend, and you get five archive workshops in there as well. And market-wise, you get a flat market. I mean, the market is basically shucking everything off once again. The, let's go see inside the Dow Industries, what? Yeah, getting a little pop in the Dow, man. Positive 20. We're up 20 in the Dow. So, point-wise out here, Apple. Oh boy, Apple, huh? Oh no, in recalibrated, there we go. That's interesting. Boeing positive 16 points, Procter and Gamble 11, Apple 10, Big Mac 6, nothing heavy. Goldman negative 10, IBM negative 9, Dow negative 8. S&Ps now just down to one point at 3,091. I think we had a low of 3,074, 76. We're still at half a percent off the lows already. Pretty well, yeah. Stay right there, folks. Good job, man. Mr. Kevin H, TD Ameritrade, coming up next. And I'm, man, Mr. Basil Chapman, Steve Rhodes, Dave White. I'll be back this afternoon, thanks a lot. Thanks, man. I'm a little sick, we'll go. Yeah, we'll get him, folks.