 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 Tommy and Tommy O'Brien Welcome folks appreciate your growl and a problem with us out here We have the now industries up 242 Nasdaq is up 60 S&P's up 17 and a half gold contract up 60 cents trading at 13 28 an ounce we get silver up 5 cents 14 dollars 79 cents an ounce now both gold and silver Well gold's got to strength last three days folks and actually about 20 minutes ago. You had another bio commune Big so I expect you're gonna go higher Silver silver finally got a bid yesterday 1479 we'll see if that can get some follow-through Lights be crude no buyers. Yeah, yeah, 52 handle. I see it 52 98 And that baby looks to me like we're gonna have 44 over it, which has got to be really wild December 26 That's where it looks like it's going notes and bonds bottom line 10 you know that down 11 ticks 126 17 30 a bond off 23 154 17 you had the 10-year 2.07 yesterday, okay? Bottom line they're backing down with light volume So they're not done going up King dollar King dollar up 165 ticks 97 225 the euro is trading at 112 to 1 US dollar the yen is at 108 and that's helping gold tremendously That's looking like it wants to go to 104 and the pound is at 126 to 1 US dollar Let's go over to our man is to Kevin Hicks a TD Ameritrade think of swim as we do every Tuesday Wednesday and Thursday And don't forget folks Kevin has an outstanding show here every trading day 11 to 12 Eastern standard time You want to understand the option market option strategies futures great program? If you haven't test driven yet the think of swim platform real easy to do come over to our website at TFNN Hit the button bring it up to allow you to trade paper money follow Kevin and his team every trading day We got high volatility you got different strategies Blink and you're gonna have a different strategy in this market Kevin Hicks. What's going on? Good morning, Tom. Good morning, Tommy, you know This is supposed to be the end of earnings season. It's supposed to be after Memorial Day, it's supposed to be boring summer trading and this is anything but boring frankly. I mean every day we get some Catastrophic market moving event now and Tommy just read it in his update at the beginning of the hour Drone pile just went full dovish on this market. So it looks like All the you know what the bond market has been telling this market is actually now starting to Embed itself in the FOMC because you know with James Bullard Yesterday and now drill pile today. Yeah, I mean this bet has turned dovish and now Even I have to say that it looks like they're at least leaning towards lowering rates more You know, it's amazing. Is that so when we started the program yesterday Kevin at 10, right? The September what we're doing folks. We're looking at they fed fund in pride probability And you know the bottom line is this is important it changes very quickly But it's still important because it's it's a probability of rate cuts or rate hikes When we started the program yesterday the September one, but I believe it's at 51 percent. It's at 89.5 today That's September 18th. It's like that is a big number in the July one is at 57 You know, so right there's no doubt that the market is actually pushing the Fed around, you know, right? The question now is when right? Yes, I don't think frankly that it's if anymore But it's when are they gonna do it in the summer months or are they gonna do it wait wait till the September meeting in the fall? But you have to start looking at the data and the bonds are telling you and Now here is the FOMC. It looks like the bond market Maybe as it should is leading their FOMC to make their their decisions. So, you know This is unprecedented really, but it's but it's fascinating and exciting to go through so it is Today we're having today. You know, I mean, we've all seen some Pretty good moves in the bond market over the course of years, but folks. This is a very fast move I mean, it's it's very unusual for the 10 year to go from like a 2.4 to 2.0 7 right week and a half. I mean, that's the 30. Yeah, you know can move around like that the 10-year normally doesn't Tom oh Brian and there was a time in our lives where people used to talk about going to the bond market to avoid volatility right not Volatility and so what an incredible turn of events. This has been no there's no doubt and You know if we switch gears and go to those tech stocks I mean these tech stocks they that that's that this antitrust thing looks like it's gonna be some you know I mean if you if you rewind the Microsoft deal folks, okay, what happens once something like this that happens It takes like four or five years. This is not yeah, you know fast thing But the bottom line is that once you're on to it. Guess what, you know, they're gonna give up something It's just gonna be a question of what they're gonna give up. Yeah Yesterday was basically saying my getting because they hit all these names and it was one after the other It's like it was like a dating site, right? It was like Facebook. Okay, the FTC's got Facebook The Department of Justice is Google now. Let's see Apple. Oh, that was Apple I wouldn't want the Department of Justice. I know with the FTC Whether it's about the justice, right? Yeah. Yeah, so it's just to me. I mean they're at their Worldwide friends and Tim Cook's coming out with all these changes and all of a sudden boom 12 30 you get hit with the Justice Department Yeah, that was what an interesting day that was man Amazing actually, you know what's amazing is that I guess digitally we're going so fast Like Tom was at a desk yesterday when all this was coming out and he says to me hey, listen They're gonna do away with itunes and we're gonna have three apps. Yeah, you know It's like itunes was the biggest thing in the world when that hit. Yeah, it was I think I think I think I really believe That iTunes is he it got spot-ified and changed the way Everyone downloads music now and I think iTunes didn't you know I think Apple what they probably should do is go and just retool itunes And change it because spotify change the game. Well, you know, let's face it. Yeah, no, I listen. I I use Pandora and I don't Pay for anything and it's like I think once and I've been on that now I don't know five or six years and once you use it you just kind of get used to it and you get the stations And it's like, you know, they they ask you every hour. You sure you don't want to pay. No, I don't want to I started with spotify and now I pay for spotify Okay, it's so easy to use and so, you know And I listen to a lot of music right in the car on the drive to from work And I'm telling you spotify is user-friendly. It's amazing how user-friendly it is Yeah And that's really important that that whole user-friendly deal whether it's on the TV or everything else digitally is is crucial I mean, that's right and it just made that Amazon made iTunes obsolete. Yeah And that's why Amazon got so big so quick at the beginning, right? That's one that one hit deal, right pretty amazing Yeah, but I mean crazy day, you know, we're getting late nerning season. So we've got a couple good ones today We've got sales force. Oh, yeah, we're gonna look at hired today The swans are gonna come on and talk Like fully was gonna come on today and talk about American Eagle outfitters another beat-up and battered retails So we have a lot to talk about today guys and folks right here 45 minutes from now check it out Kevin, you have a great day safe day. We look forward to the program in 45 minutes All right guys, you have a great day. Thanks for having me. Thanks Kevin. Thank you Stay right there folks Tommy and I come right back The Taz profile scanner is the most revolutionary piece of trading software that you will ever try Wouldn't you like to approach the markets with confidence as you begin your trading day? It's likely that you'll be faced with lots of decisions in order to make the best decision The first thing you'll need is a strategy that will help you minimize your risks Whether we're in a bull or bear market a good strategy is to have the tools needed to help you scan and analyze the markets Before you trade the Taz profile scanner instantly scans and filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve doll President of Taz market profile the Taz profile scanner Understands that in today's technological world the use of top-flight software applications automated trading algorithms and technical analysis expertise is Essential to successful trading in today's market whether you're looking at the trade matrix the ETF heat grid the market breath The landscape charts or the many other features of the Taz profile scanner This is a piece of software that will revolutionize how you look at the markets and set up your trades The team at Taz has even put together a 12 part video series to walk you through every aspect of the Taz profile scanner Which you can find directly on the Taz order page at TFNN comm sign up now for only $97 a month with the risk-free 30-day trial So you have nothing to lose and everything to gain see for yourself How you can harness the full power of the Taz profile scanner by visiting the front page of TFNN comm today? And you'll find the Taz profile scanner under the services section remember with a 30-day money back guarantee You have nothing to lose don't let another day pass you by without trying out this amazing piece of software that will revolutionize how you look at the market and how you place trades sign up today Steve Dahl and Tom O'Brien have just announced a special webinar on June 19th for all subscribers to the Taz profile scanner Stephen Tom will break down the trade matrix market breath heat grid as well as the three-step process you can use with the Taz profile scanner to identify Market movers and how to capitalize on that move for all the details and to get started with the Taz profile scanner today Visit the front page of TFNN comm with a 30-day money back guarantee. You have nothing to risk go sign up today TFNN has launched our brand new website You can still visit us at the same TFNN comm 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 comm now and experience all the upgrades TFNN comm educating investors Call now toll free at 1-877-927-6648 internationally at 727-873-7618 Now it's up 293 get the NASDAQ up 78 S&P's are up 21 as we were talking with Kevin We do a pile call Paul's gonna speak later, right? Or is he speaking right now? I believe he's speaking right now. Okay, so FedEx FedEx Fed reserve chairman Paul signaled an openness To cut interest rates if necessary Pleasant pledging to keep a close watch on the fallout from deep being set of disputes between the US and its largest trading partners Yeah, so we're we're closely monitoring the implications these developments for the US economic outlook And as always this is the one that's getting a lot of press We will act as appropriate to sustain the expansion with a strong labor market inflation nearest symmetric 2% objective So we will act as appropriate. Okay, so Paul said in his opening marks in Chicago, so he is speaking right now Yeah, so his speech was dedicated mostly to the Fed's year-long goal of reviewing its monetary policy strategies tools and communication practices With the economy growing unemployment low and inflation low and stable This is the right time to engage the public broadly on these topics Paul said So the two-day research conference is the centerpiece of the review Fed officials and leading academics are set to debate whether they need to make Changes in order to show up inflation expectations Yeah, man if we go over here watch this we go over and look at this This is probably right when that come out too because gold got a nice spike here. So watch this folks This is gonna get while watching this shake out. You get That's it nine nine fifty. I believe that was nine fifty five. So somewhere in that bar though, right? That's sweet So what you had there is that you had sixteen thousand contracts You get a nice pop. I always like to see something like that That's just another sign of strength. I mean gold had plenty of movement yesterday That is a bit. That's a big movement. Yeah, silver. We go take a look at the silver market now silver finally broke its downtrend yesterday And I'd really like to see Some real volume in this today, but it looks and it looks like we're gonna get it Yeah, we get sixty five thousand yesterday. We did a hundred and twelve thousand So silver not much movement here only three pennies. Okay, but what silver finally did do Is break its downtrend and this thing has been going on for some time and you know, that's a nice decisive break Also, that's how you like to see it and Then if we go to the dollar what you're gonna see inside the dollar is just the opposite the Dollar did come down with volume yesterday and today's gonna be a big day all around because This is good. I like it. Okay So earlier this morning folks is that what had happened is that the dollar had already rejected lower price, you know at this 96900 now what you can see is that it's wavering back and forth. So It's up to 75 ticks right now. Yeah, that what's important to keep your head wrapped on 18,000 contracts. So now we're gonna have a lower low with volume And if we look at look at it intraday, you're gonna see there's some good volatility in this Contract. Yeah, I see look at that. That's I guess it totally makes sense Hey, you get the spike in gold on the way up you get the spike on the dollar in the way down and Yeah, exact same number. Yep. So that is saying that the dollar also wants lower price We have the volume going with us now if you look at the broad market might take on the broad market More than likely we're setting up a B to C even another a larger ABC structure down You get the spies up to 86 you're 16 million shares and You know coming at the hundred and four million So we'll see what kind of volume we get if we do a hundred and four million then it's not an ABC structure down You do less than that then you have a probability that you can be doing an ABC structure down You know went to a low yesterday 96 million The and the x100 is still not getting any help. We take a look at these cues This was quite a move You you're up $2 and 18 cents get down yesterday to 169 27 76 75 million shares now. What's gonna be cool today is is this folks so This has volume in it right now and you know, you're only 40 minutes into the market So what I've seen is this is that when you get volume in early like this and Then if the volume dies that is more of an indication that You had the pop at the beginning That's you know folks that have either get into the market or close in a shot position, you know from the last couple days And if that volume dies off That's a higher probability that you are setting up a ABC structure on the way down because you know if we do 13, let's say time six well bottom line is that you know, you're up there at what 624 you're up there at 84 million and Well, I guess it needs more than 84 million Yeah, no no Yeah, it's like 70 yeah, it doesn't need more than 80 for me So so that's gonna be cool watching that shake out because if that does die in the vine Then your probability is that this was the straightening out of positions as we come out of the gate because you can see that even the S&P we just got another pop here. Oh, definitely that was up 310. Yeah, so Yes Okay, so, okay, so this is sticking the Ted out here this is the e-mini and 730 at night well, it's good. I'm gonna bring this closer. I'm gonna bring this closer because we're overtaking a Swing point right now. So that's gonna be the crucial part to keep your eye on this. Okay, so That's that's the opening by 81,000 contracts. So We're Let's see We're about an hour into the day. Yeah, and oh, where are we in this bar? Yeah, 20 we're four minutes into the bar 27,000 so the number keep it's this 2774 25 you're gonna do the test right now. We'll see whether it can get up and over that baby and get some action going We take a look at some of the higher volume equities in this marketplace And we'll see whether we get volume at the end of the day out here Are close to the end of the day you get advanced micro as usual up the top. That's up 75 cents. You have Apple up 345 City groups up 275 look at some of those financials Tesla's up $7.67 CVS health up $2. I wonder what's moving that I saw a story They're gonna be having a ton of their stores either new or revamped to offer more health services So number 1,500 stores like turned into a like little clinics. Yeah, and that's combining, you know with it I think it's at no right. They purchase and also that's part of their plan in terms of more more more blood testing and so forth You can see that how it started folks And then you know the bottom line is that you can see that why wouldn't they be put clinics quickly? I mean, you know you get doctors opening clinics all over the place Yeah, they're calling them actually emergency rooms so they can get more money out of the you know the Medicaid the insurance benefit so That's a tough-looking child, but We'll see where it goes 120 all was down a 55. Yeah, definitely So yeah, here we go that 1500 new health hub stores by the end of 2021 So convert 1500 of the drug stores in the next three years to new health service hub locations expanded clinics wellness rooms consultations pharmacists See, yeah refocusing while they almost have 10,000 stores on health services after that 68 billion Is that our position of Etna? That's that's 10,000 stores So this year the hub is gonna roll out in three regions Philly, South Jersey, Atlanta, and There we go. Good. We'll get a first-eye view Beautiful day stare at their folks Tommy and I are coming right back our phone numbers eight seven seven nine two seven six six We have that out 341 magic of 98 Hi folks Tom O'Brien here If you 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 as specific buy-and-sell recommendations for stocks ETFs and even options which stops and price targets included for every trade in my newsletter If you'd like to try my newsletter risk free for 30 days Then head over to the front page of TFNN and you'll find market insights under trading newsletters I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important Information they need to know for the day ahead. I even issue afternoon updates for my subscribers whenever warranted with important market action I'm always scouring the market for the next great trading opportunity Sign up for your 30-day free trial to my daily newsletter market insights day by visiting the front page of TFNN.com Go get them folks The path of least resistance is David White's daily trading newsletter And if you're looking for active trading ideas then now is a perfect time for a 30-day free trial to this powerful daily Trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning In his path of least resistance newsletter using a combination of equity trades along with options David keeps his subscribers up-to-date with all pertinent market information with intraday afternoon updates when warranted Don't miss out on this great chance to get a 30-day free trial to David's daily newsletter The path of lease resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter He delivers every morning then visit the front page of TFNN and you'll find the path of lease resistance under trading Newsletters for all the details and to start your 30-day free trial today log on to TFNN.com now TFNN is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology Using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci Formation setups including guard lease ABCs butterflies and much more 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 gonna 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 doubt does up 351 you get the Nasdaq about 105 S&P's are up 30 Let's go take a look inside. That's a good old Dow industrials and it's moving quickly. That's moving quickly No doubt about that man Point-wise Yeah, Boeing Boeing putting 44 positive points Goldman 32 Home Depot 30 Apple 29 only stocks that are negative out here Slightly by the way, United Health putting a 1.4 negative points up very talk quick I know totally because it's all it's all going positive right now folks Let me just look at this for a second. Yeah, the only stock that's negative is $236 stock that's negative by 20 cents, right? Okay, so if we take a look at this you gotta be got a nice pop There's no doubt about that. So the real question is gonna be let me go look at the diamonds here So we can get an idea and the ETF structure. So You get 1.4 million You're going at the 5.1 So this is gonna be cool too watching how this shakes out because the way this is set up is that you should be able to Get some volume into this today and if it dies in the vine just I said with the S&P That's a monster heads up because right now you have volume in these equities, you know, there's no two ways about that Yeah, the What was Kevin when we were talking about with Kevin they were looking at there's a couple numbers coming out today, right American Eagle, I think American Yeah, I forget he had one good one There it is. Okay, so Okay, so that's coming out tomorrow, okay, so Retailer Look at that. That's so that's What's intriguing here folks is that this retail is already downed it at its December is December lows and We actually got down there that a weekly. Okay, so we get down there last week with 22 million and last week was Memorial Day two right coming into Memorial Day No, last week was one. Okay, so check this out So what you have here in a four-day week, too, you can see that see that volume expanding 22 million Well, what you actually did there the way I do it, you know, you just divided by four multiplied by five The bottom line is that you're almost looking at 26 million and you were coming into 29 So this is not done on the way down yet Yeah, I mean gap had some tough earnings rate with old Navy American Eagle probably in a similar Yes in retail. Yeah, those two companies. Oh, there's no doubt There's no doubt. I think that's at the market kind of priced in there even ahead of probably tomorrow, right? Yeah That's one business man Be very tough to Wrap your head around, you know competitors everywhere let alone from the likes of The Walmart with their brand target with their brand right Amazon gonna have their own private label brand, etc Let alone the competition you're facing in likes of gap, you know, your oil is in the mall, right? Yeah, we get over take a look at that oil market. So this is pretty cool folks. Okay, we got lots of oil evidently You know yesterday it had looked like that oil could actually save itself At one point, you know, we had gone all the way down to that 52 11 But then it rejected total lower price and actually by early early in the day Because the time we did our show It was back up. Yeah, it was yeah, I mean that low is almost at actually last night It likes two nights, right? I mean that that low in terms of 52 11 was it 10 o'clock the night before yes, Sunday night almost right. Yeah, right. So this is still this still wants lower price Gonna be The way this this is setting up it looks to me that you know oil still Basically leading the S&P at the lower price, you know, and today's gonna be today's gonna be a great day folks just to See does the volume die if it dies you get it potentially BC structure on the way down Bitcoin. Yeah, so we get some action to the downside again. Look at that drop-off at about 8 o'clock last night Oh my god. Yeah, and quite a drop-off indeed by looks like 656 and then by 8 o'clock You're down at 7800 and we're back at about 8,000 and And You know you should expect this kind of volatility if you're trading it as most people would know but nonetheless Right volatility man, and here check this out This is pretty remarkable even as you go yesterday and realize we were up on almost 8800 and you dropped to 7800 Yes, so yeah, check this out, too. So one of the Bitcoin pioneers. They do a I saw this Okay, yeah Yeah, he won it all right 4.7. There you go Number two number two. Okay, so So cryptocurrency pioneer Justin Sun bid a record 4.57 million to have lunch with Warren Buffett who famously referred to Bitcoin as probably a rat poison squared I wonder when that quote was from yeah, as in things have changed a lot over three four years But yeah, you got him you got Jamie Diamond, right? Yeah a little shaded at the whole crypto market So yeah, this I've read about this guy. I mean remarkable story. He seems really young too just from his picture Yeah, 28 years old doesn't yeah, and so he launched Tronix also known as Tron or TRX in 2017 Paul's talked about that. Yeah, I recognize the name for sure It's valued at 2.56 billion as the 10th largest crypto in the world When cryptos had their run to I think this peaked out at like 16 billion something I mean, this is what it's at right now. I mean when they were all rock and it was really up there, of course and so yeah, yeah So it's a it is very common investment circles so people will change their minds This is Sun saying investment opportunities are best when lots of people are underestimating the technology So he looks forward to trying right and trying to enlighten Buffett and he's gonna bring with him a Number of crypto people, I guess in terms of industry people to have that type of discussion And you know as you go through this folks, this is the same one I looked at yesterday. This is This is an investment for him because yeah, this is awesome because here watch this in previous auctions Included green lights capital David Ihan who was the highest bidder in 2003 now this Ted Ted Welcher though One two auctions and laid out was hired by Buffett Berkshire Hathaway as an investor deputy. Yeah, you know So that's the history of the bids This is the so going back to 2000 the bid was 25,000 2001 18,000 went down first one. Yeah, I know and then 2003 it popped to 250 Yeah, I know and got the the party started for actually probably realizing how much value you could have In that talking with them. Yeah, just you know no matter what creating a conversation Creating a business partner creating somebody you might just be able to call some time. Yeah for these guys Right is worth it. And this is a charitable donation. This goes to Buffett's ex-wife Who passed away? There it is the glad charity. Yeah and if They've raised 30 million as the bids have climbed as we saw. Yeah, and they provide meals for the city's homeless Yeah, it's been they need it in San Francisco. They're it's station out of San Francisco. You talk about 30 million Yeah, San Francisco the the a closet cost you a million dollars in San Francisco. Maybe more So Sunday previously founded paywall Excuse me a snapchat like app for China with millions of users. Wow, then he started a token known as Tron So he's maybe he's the next Elon of China over there in terms of Start one thing with millions of users and then you start a crypto that peaks it over 10 billion in market cap and next thing You know you're sitting down with Warren Buffett. Not bad Look at this trying to be most attractive scores of gaining in application applications gaming and gambling. Yeah, they're right there folks Tommy and I 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 calm The best rate for a four-year CD in the country as of February 20th is 3.1% a $50,000 investment at a normal four-year CD rate of 3.1% would give you income of 1550 per year or 6200 over the four-year period that same $50,000 investment in the Tiger first mortgage program would give you 3,500 per year or 14,000 over the four years. What should you prefer? 6200 or 14,000 of interest on your investment if you'd like more information about the Tiger first mortgage program You can call me at 877-518-9190. That's 877-518-9190 If you haven't checked out the newsletters page of TFNN.com What are you waiting for? All of the TFNN newsletters are informative, up-to-date, affordable and must have for every trader looking to gain a competitive informational edge in today's markets. TFNN newsletters cover every aspect of the markets to offer you the very latest in market news Plus, new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks, bonds, metals, commodities and tech, there's a newsletter to fit your needs exclusively from TFNN Stay informed each day you trade and get the competitive edge that will help you stay ahead of the game Visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page TFNN.com Educating investors Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade Labu or Labd Directions daily S&P Biotech three times, bull and bear ETFs Visit Direction Investments.com slash Biotech today. An investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus Please contact Direction Shares at 866-476-7523 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 Welcome back folks Dow. Dow is up 340. You get the Nasdaq up by 95 S&Ps are up 27 and let's just go over to those S&Ps for a second Take a quick look You got a nice spike. Quite a charge man. We're talking about almost 50 points from that low prior to the close yesterday Yeah, and you know what you do have here is that you've got volume in that 10-20 bar 72,000 contracts It's over eight. It was going to 81 But now this thing has to get back under 2774 for lower price. You know because that that's a new range and There's no reason this can't get all the way up to Even you know if this is going to be a bounce 2802 is game here, you know, so you break down you break the swing It's classic go back up to the swing see how that baby shakes out. So We'll see how that whole baby Comes up to that level and the real key is going to be do we get up there with volume or not If we go over to the gold market gold no doubt caught a great bid I mean the gdx look at this thing three days, you know, you go from 2035 Yesterday we hit 2250 or 2230 now what you're gonna get, you know, we got volume into this last night, too So this is saying that okay. We have 2370 these swing highs a game right now We go take a look at the GLD And you're gonna see that that got juice in it also And then platinum platinum finally caught a bid That's a platinum Active contract, you know yesterday you finally got a bid off the lows. So it's about time, you know, we went from 792 to 824 yeah But would you have a you need another bid here sure sure, you know, this is almost like how silver was set up One day ain't gonna cut it. No, it's not not even a day like yesterday No, no, and that's pretty intense. Yeah, you get a day like yesterday and the you you broke a Smaller downtrend, but not the large one right from February. Yeah, we just just not enough for out there We go take a look at the 30 year these bonds still want higher price. This is what's gonna be amazing watching this thing shake out My IQ M still See Time is going so fast. It sure is. I know it's like it's already June. Yeah, so it's yeah, I am on them Yeah, USM you had a full point in a tick to the downside It's not this contract. It's trailing off. Yeah, this is not enough US Maybe you yeah, it's you. That's you. Yeah, there it is. Yeah, September. Okay, so we're in September bonds You're down to two hundred and fifteen thousand contracts You're gonna need more than that. Yeah. Yeah, you're up with five seven So that'd be something to watch though. That'll definitely be something to watch because that's that is some Yeah, good volume on the pullback the What if you look at the TLT the TLT is telling me that we're actually gonna go to all-time highs We take a look at this TLT What you're gonna see is that you broke the top of the consolidation You know, I see you bring it here, but it really we're bringing it over here And that's saying they guess what you can go to those highs and if we if you do take a look at the This is what do you see this thing if you take a look at the US one the generic oh No, I want the 30 year There what you're gonna see right from 1980 folks where the Bull market started in bonds. Yeah, you gotta go 50. I know that's 40 years ago. I hate to break it What you're gonna see there we never broke the downtrend or the uptrend and The the point we got we got down to 136 133 was the number. Yeah Got got close. Yeah. Okay. Yeah, yes, what you didn't you didn't break it, you know, so it's like wow and You know, it seems that The bond market in general has been telling us that rates are going down But fundamentally It's gonna be wild, you know when they start cutting rates because it's like because it seems like okay Why are you cutting rates? You know, yeah, they're cutting rates because guess what the rates are too high It's some manufacturing right was a number out today. So something with boom burger Manufacturing there could be some slowdowns in the trade war and as in that that could be oh, there's going to be It's I can I can folks what happens with this trade war, right? Is that as I said yesterday you and I we're buying shirts and all that, you know, that's that's one thing That's our decision This is hitting jobs man This is hitting people and it's gonna hit people really hard and all of a sudden You get a nice little small business and all of a sudden you're gonna pay 10 or 15 percent more and all of a sudden That's your profit and all of a sudden you're not making any money And then all of a sudden do you have any extra money to make your way through it for employees? There's there's ramifications that are gonna be a lot bigger than you know that the people people gonna get hurt There's it's it's a tax. That's the bottom line, you know, it's a tax. The real problem is There's so many companies That absolutely a dependent on Mexico and China sure, you know, it's like okay You're gonna pay more money and the real question is gonna be how much more money will we pay for the product? Yeah, versus the company yeah, you know, so I mean the journal had that article last week I think it was 831 bucks. You're most talking about $1,000 per consumer, right straight up That's right. Oh, right and that consumers don't have an extra thousand dollars just to spend on so where does that sort out? We'll see yeah, it's you know supply and demand. Guess what? Yeah, it's gonna be less demand because of more money and the real question is gonna be how these companies gonna deal with yeah, that's you know, I Told I get tiles that are coming over the border right now It's gonna be really interesting to see how the company I deal with deals with these tiles So the odd is like five grand Which is not a huge amount, but it's just gonna be cool to understand it You know what I mean because they're gonna get whacked with 5% You know and we'll see whether they're gonna You know say okay, Tom you're gonna come up with half of it. I'm gonna come up with half of it or whatever it is No, I bet so yeah eight seven seven nine two seven six six four eight. We go. Let's go take a look at that Hg. We'll take a look at copper So copper out here 265 Look at that that's been going one way route in the way down interesting So that December, yeah That's January 3rd 263 or 265 You know the more that you keep bringing up these charts, you know, it's like inch by inch It wants to go visit his friends from Christmas So maybe some Christmas presents the left there. Yeah eight seven seven nine two seven six six four eight Dow Dow's up 341 Nasdaq's up 98 S&P's up 27 stare at their folks come 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 is 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 in what I do sign up for mastering probability today by clicking on the newsletter tab on the home page 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 to 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 7th 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 as of April 1st of this year the gold report currently has eight active positions with an average Unrealized profit of almost 8% for each open trade new subscribers get a 30-day money back guarantee So you have nothing to risk for all the details and to start your gold report subscription today Visit the front page of tfn.com. Don't let gold's next big run pass you by sign up today Since 1984 Basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion Well, originally hand-drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances Virtually always had a certain number of legs to the upside before declining sharply Later Basil found that computer software which included the standard market technical indicators Enhanced the degree of accuracy and calling price turns as well as market trend calls Thus was born the Chapman wave sequence using the Chapman wave methodology along with other indicators Basil Chapman advises his Subscribers of his expert market opinion each market day 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 tfn.com Cancel at any time during that trial and pay absolutely nothing get your two-week free trial to Basil's newsletter the opening call today by visiting tfn.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 tfn.com Welcome back folks. Dow Dow is up 325 we get the NASDAQ 94 SAPs up 25 and folks as you come over to our website at tfn and you're gonna see our man Mr. Basil Chapman He is gonna be doing a workshop a week from tomorrow Wednesday. It's called the tide Yeah, that's a good name for the opening call for that Chapman wave right in that tide So week from tomorrow 90 minute webinar with Basil He's gonna be in there with subscribers to the opening call It's called the tide the webinar 5 p.m. Right after your show He'll be in there and he'll be gonna talk about the techniques that can help one identify whether the tide is coming in or going out That is whether it turns bullish or bearish a variety of time frames He's also gonna speak specifically to indices currencies Commodities rates and key stocks got a little bit more information over here once you get over the technical tools used are gonna Be available on a you know variety softwares as in normal stuff people gonna be able to do Basil breaking it down So I encourage people check it out. That'll be archived Of course 90 minutes a week from tomorrow and when people do sign up you immediately gain access to three archive webinars Basil's get in there. I pulled them up right now So this is kind of the subscriber area that only subscribers gain access to you have anything goes Basil's webinar He did about two months ago April 3rd the stock market's key phase That's a 90-minute webinar there. He's got what next what's next for the market What he had done in December and then the Chapman wave tools that helped identify the market's last top in October So check out all those you sign up you gain access to him immediately Of course, you get the opening call Basil out there Every morning with his charts putting them out whether it's on the weekend I know he loves a Saturday update a Sunday update He does he does a great job and now he filled in for Larry this morning He's gonna be back at it new and today rocking it out. It's a beautiful thing sure is you stay right there folks We have fast market coming up next and then of course we got our man Basil Chapman Steve Rhodes Dave White be back this afternoon. Thanks, pal Thanks, man They'll get them folks