 headline news update welcome folks we have the Dow industrials finish up 139 Nasdaq up 53 S&P's up 17 bottom line folks is that this was the first day that our T why let me just see if it I believe that you have all the indices including the small caps at all time highs you do that's the real bottom lines are every industry that we trade here meaning the Nasdaq the composite the Dow industrials the S&P's plus the small caps all at all time highs gold contract down $6.20 traded at 1789 we have silver down 48 cents at $25.39 light sweet crude off 55 cents at $83.50 notes and bonds the 10 year up 12 ticks trade 131.01 the 30 year up 16 at 160.28 and King dollar King dollars up 205 ticks trading out at 9408 euros 115 yen is that 113 the British pound is that 136 to 1 US dollar we have the Fed out here tomorrow folks okay the Federal Reserve 2 o'clock is going to be a statement 230 is going to be the news conference bottom line is that you know we had been talking a little bit about the pressures that Powell is under right now never mind I'm just you got economic pressures then you got political pressures so what just came down you know President Biden's in Europe right now he just finished up a news conference and inside the news conference okay the bottom line is he saying he's going to be selecting the Federal Reserve positions fairly quickly so you can imagine you're doing a fairly quickly he's also saying that you know hey listen these price lamp ups have to do with COVID bottom line you know my take is that we get inflation raging period okay that being said my point more than anything folks is this could you imagine Powell now go like this put yourself in Powell's place what will you do okay will you come out tomorrow and raise rates or come out tomorrow and say status quo do you want a job or don't you want a job and that this and you know that might be the wrong type of analysis for speculation that's where I think this thing is going okay so we'll see where it where it is you know it's it's had it's had it listen you know what two o'clock tomorrow we're gonna know have a great night folks have a safe night thanks for being here come back and visit Tommy tomorrow morning kicks us off 9 o'clock in the morning have a great