 Good afternoon everybody I'm Tommy O'Brien coming to you live from TFNN 2 p.m. Eastern Time Friday afternoon final two hours of the trading day first trading day of October and stocks are off to the races to the upside we're green across the board right now you're looking at an S&P positive by 42 points but man you look where we were overnight you're talking about 80 points from the lows almost a 2% acceleration from those lower prices overnight and things this morning at about 10 a.m. this morning we were down to 42 80's you're talking about 60 S&P points NASDAQ 100 pretty similar action you're talking about almost 200 points from the lows we made at about 10 30 this morning you want to talk about lows to highs in the Dow last night 33,383 we got a 34,100 handle you're talking about almost 800 points to the upside from those lows last night in the Dow and the Russell is positive by 37 right now man the Russell huge moves as well Russell's up 1.7 percent today Bitcoin catching a bid as well in the overnight session at about 6 a.m. you really got a pop we're trading up $4,300 that's a 10% pop in Bitcoin you have all the other cryptos trading higher as well crude up near $76 ending the week at 75 96 right now gold quite the acceleration yesterday holding on to those gains golds up $3 at 17 59 we got silver up 51 cents look at that acceleration on the heels of the move we had yesterday and notes in bonds quite a reversal you're looking at right now a tenure you're trading up whoops use me up 16 ticks at 1.3203 that is going to correlate as I pull it up we're far below 1.5% now you're talking about 1.48% the yield on the tenure as we wrap up the week almost a full point higher from the lows we had on Tuesday we jump over the VIX volatility index right now 21 07 all right what we have happened in this market we got to talk about Merck because man it is driving a lot of the action here getting into the headline Merck surges as COVID pill looks East hospital strains that would be one of them this is an oral pill that could be taken a pill would offer an at-home treatment option for COVID patients the market is treating it almost like a game changer when you look at the reopening trade let's just jump around to some of the stocks whether it's the airlines American up 5.4% Delta right now up 6.2 it stretches to Disney up 4.5% look at that Uber up 4% Airbnb up 1.9% remarkable action we have tech stocks higher to Microsoft up 1.8 stay tuned folks Dave White is live right now with the power trading hour Tom O'Brien live at three o'clock today two hours coming up of live action we'll be right for right back folks stay tuned