 Welcome, folks. This is Tom O'Brien of TFNN. We have 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 everybody's having a great day, safe day. It's making a great night, folks. You are what you believe you are. Humans are powerful magicians. You have the power to make yourself what you are right now. But it's not your reasoning mind that controls your power. It's what you believe. It's all those electrons, folks. Fire them off, baby. Negative eyes! Let's take a look at them out here. We have the Dow Industries down 92. Nasdaq off 156. S&Ps off 36. Gold. Gold contract up $2.50. Trading at $16.52 an ounce. We have Silver down 4 cents. $19.62 an ounce. Lights recruit up a buck. $89.39 cents a barrel. Notes and bonds. A 10-year note. Trading $1.10.22. The 30-year up down 3 at $1.20.30 in Kingdala. It's all about Kingdala today, folks. Kingdala's down right now 134.6. Trading $1.11.343. The euro's at 98. The yen is out here at 147 flat. And the British pound is at 114 to one U.S. dollar. IPhone number's 877. 9276648. Give us a call, folks. I don't know what's going on in your world. And the world of the S&Ps. Let's take a look at them. What do you have? Well, we're going to go right to the futures, because I want to show you what we're looking at here. So we take this 10-minute shot. And there we go. So what you're going to see here, and the S&Ps are a little bit different than in Nasdaq, the S&P already go back inside the range. So once you're back inside the range, bottom line, that's saying that, hey, guess what, man? You're going to go to the top of this range. Why? Because you get volume at the top of that range, folks. You get 162,000 contracts at the high. Now watch this. This is really intriguing, because the NQs are not set up like this. They were a nice setup, but they're not set up like this. They're still going higher, too. I just wanted to explain to you the differences that we have happening right at this point. So what the NQs did, you can see, and this is another indication that this market still wants higher prices. It's pretty amazing, actually, but the bottom line, it doesn't right now. We get a rally going. So here's the first bar on the way down, folks. That's when the announcement came out, $1,400, 56,000 contracts. Then bottom line is you go to the top side. See how we went to the top side? We tested, first we tested, the first test was $14,000 versus $56,000. So that's saying, hey, man, you're going downtown. What do we do? We go downtown. Now, watch how we're trying to test this 10-minute bar. We came in, and you came in with $49,000 contracts versus $56,000. That's like, okay, that's not bad. Then it blows it away, but see how it blew it away? It blew it away with $42,000. So you do $42,000, you do $49,000, and you do $56,000. What ends up happening is that if it gets back inside the range, you know, now I'm going to swap back into the S&P. Again, reason I'm swapping back into the S&P because we know that the S&P, this one has a good volume high, okay, $49,000, but you can see that was $56,000. But the S&P, bottom line, has a high volume high. So this is intraday. So my take is that it's going to try to get back up into that level again. Volatility is going to be here. In spades, no doubt about it. Fundamentally, what's going on out here is that the Fed did go up 70, here, let's put it up. The Fed went up 75 basis points. So now the Fed fund rate, which is the, you know, discount rate is laying a 4%. You can see it at 4%. You know, the bottom line is that they're going to be going up the 5.5 and a half. One of the things that we all should watch in the future is the aspect if you, we were listening to what he was saying out there. What he was saying is that there was a question, is that will the Fed funds rate go higher than the inflation rate? And the way he answered it, he answered it in the aspect that there's other things that are involved, okay, in that context. So watch what ends up happening, folks. When you're in inflation, you know, if the inflation rate is running at 8 and you're paying 6 for money, well, the bottom line is you're making 2%. That's convoluted, but the bottom line, that's how it goes. That's what he was basically, that's what the question was about. And he didn't answer the question directly. What he said is that there's other things that are involved. That being said, bottom line is that, you know, we'll see where this shakes out. I suspect what we're going to see out here is, you know, we go through the next 45 minutes and just watch this dollar, because the dollar did 100% move and move up and down, and now the kicker is going to be like, okay, where is it going to go for the rest of the 45 minutes here? And we'll see, you know. The last pop-up that got to 111.49, now let's look at this, because we want, I want to see, now it hasn't hit the trend line. What I was looking for is this, folks. I was looking for that it would come up to the underside of the channel line on the break, and that's a long way away right now. That channel line break is 112.80, and, you know, we only made it out here today to 111.598, you know. So bottom line, you know, we'll see. It's possible that this thing's going to get up there, and if that thing gets up there, that won't be cool, because that'll do some pretty good destruction to the marketplace. There's no doubt about it. You had, we had a blast in the past come out here about an hour before the great hike came out. That was Alan Greenspan, and he was coming out in the aspect of that he thought that no matter what the Fed actually does, that the dollar is going to have a tailwind, meaning it's going to stay strong, all throughout 2023. And then we had a question that, that's interesting. The premiums and eagles right now well over 200 per coin. You know what I'll do, Frank? I will call one of the guys that I use and see what he's getting for premium, but there's no doubt. What ends up happening now, that question is really cool. The reason being, folks, is this. When the premiums get that high, right? The bottom line, that is saying that the demand is explosive, versus the price. And I always like it when it's like that, because that's when the, you know, there's one thing saying that, okay, guess what, I can buy this future at this particular point. When the eagles get that high, the bottom line is that, yeah, you can say that gold's at this price, but was it actually cost, well, in this particular case, it's costing 1865. Stay right there, folks. We'll come right back.