 It's a presentation of TFNN. The Tom O'Brien show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Hey, Robert, how you doing, man? Yeah, thank you for taking my call. I wanted to let you know that I've been a subscriber for a couple of years, just different members of your team. And I really enjoy it. But really the reason I'm calling is to express my sincerest gratitude for you, providing that information yesterday on the small business grant. I'm a small business owner, primary bread winner for my family. And if I can get that money, it's going to really mean a lot to my family. So thank you for taking the time to do that. No, listen, man. We appreciate you growling proud of this. Now, Tom O'Brien. 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 everyone's having a great day, safe day. It's making a great night, folks. Halfway through May, pretty amazing. Love coming out of you makes you happy. The whole world can love you, but that's not the love that'll make you happy. What will make you happy is the share of the love you have inside of you. That is the love that'll make the difference. Mug it wise. Let's take a look at it out here. We have the Dow Industrial's up 26. Nasdaq's up 69. S&Ps are up nine and a half. Gold contract, how do I do this? Yeah, gold contract, flat. 2019 and ounce, silver up nine cents, $24.25 an ounce, light sweet crude. Up 99 cents at $71, a barrel, notes and bonds. Ten year note, down 66, trade in 1508, the 30 year off 36, almost one full point at 129, 25 and King dollar. King dollar's now 243 ticks, trading at 102, 438. The year was at 108. The yen is at 136 and the British pound is at 125 to one at US dollar. Our phone number's 877-927-6648. Give us a call, folks. I want to know what's going on in your world and the world of the S&Ps, let's take a look at them. Well, if we go to the spy first, you know, you get a slow day out here. You know, the volatility's dying in spades. There's no doubt about that, man. I mean, you can see this. We've been going sideways now for three, six, one, three, yes, the seven trading days. You could actually more than that, but I mean strictly sideways. Your volume's coming down, 38 million shares out here today. If we get into the E-mini, we take a look at the E-mini. This is where there's going to be a heads up coming into the close out here because of the fact, when I just did that update, you know, what you do have is that, you know, you got this little blurp down the last time we were down there. Doesn't have a lot of volume, but at the highs, what you do have is that we, it's going into how we went to a downdraft on Friday. So if it does get up there, I expect that sell is going to be right there and slam the S&Ps once again, because that's what we had out here this morning, right? And it's the same number, you know, bottom line is that on Friday, that sell had done, well, I don't know, not that sell is not more than, this could be more than one, 65,000 contracts. And we went up there and tested it this afternoon with, yeah, with 29,000. We go into the NQs. The NQ is, you know, there is divergence here. There's no doubt divergence, but the NQs are given a little clearer picture, meaning that I suspect that it's actually, we are going to get just a little, a small pullback. And what happens here, folks, if that's what we get, you still have a sideways move. It doesn't mean a thing. That's all we've done out here today is a sideways move. So if you take a look at it, you're going to see a little heavier blurp inside the NQs, meaning when we came down there at that 1340 p.m. today, we had contract volumes of 10,000. And all of these numbers up here, they're hitting 8,500, 5,900, 5,900. There's just not enough juice up at that level. We go into the gold contract. We take a look at the gold contract. Gold contract out here is trading out at flat market, sideways market, 155,000 contracts. That's still on the consolidation. We go into the bonds, the note and bonds. The difference in the note and bonds that it might take is that we're not only want higher price, lower yield. Yeah, but you can see today, every time we get down, folks, look at the contraction of volume here. You're down six ticks. The contraction of volume is 94,000 contracts. That's a monster contraction of volume. You've been going higher with 1.62 million contracts up at these highs. My take is that we're probably developing a large ABC structure on the way up. And here we go. It's going to be up about this U.S. dollar. If we take a look at the dollar, what you see with the dollar is that it finally got off its lows last week. And that's a long consolidation. It's above it now. When I take a long consolidation, we're talking about that goes all the way back to April 4th. And I've got above it. So my take is that we want to go to this 106. Now, if that's what we get, I want to show you something when I just did the gold report this morning. So any folks that are in these gold equities, it's a time to be very careful because I suspect what's going to happen here is this. Let me show you this in the XAU and the HUI because this looks to me like it's going to be quite a pullback and this is why. You see the, like the XAU is at 134. Well, last time with volume on the way up is 125. So that would be saying that you're actually going to break the consolidation that we've been in going all the way back to the beginning of April. You know, we'll see where it shakes out, but that's where I'm going because of the, and the HUI has the same setup. And what this does happen is this folks, this is how deviant markets are in general. If that's what we get, you know, my larger take is that, yes, the gold and silver markets still going higher, gold's going higher, all the above the dolls going lower. That being said, the bottom line is that this could be just the last down draft before it just starts all over again and explodes top side. Because most times if you get in a large move, that's what markets like to do. And in the HUI, that number is 244 and right now you're 270 because you can see what happened. We actually did get an expansion of volume last Thursday on the way down. You are going, well, I don't have today's value yet, but I suspect what you're going to have on today's is that you're going to have a higher high, today's volume and you're going to have a big contraction of volume as we move to higher price. Some of the higher volume equities out here today is going to be a big low volume market out here. Whoops, one second, S&P, no, S&P, one second, S&P most. Get the S&P in there, SPX, there we go. You have Teslas down $2, we have Wells Fargo up $1.39, NVIDIA's up, look at that thing, up $5.35. $5.35, Facebook's up $5.25, Micron Tech's up $3.40, you have Marbelle Flat, we have Charles Schwab up $2.34. Stay right there, folks. We're coming back with our man, Mr. Steve Rhodes. Recap what's going on out here right now. We have the Dow Industries trading up $27, Nasdaq up $69, S&P's up $9.50. We're coming right back. 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Internationally at 727-873-7618. Welcome back, folks of Dow. Dow Industries right now trading up 27. We get the Nasdaq up 69, S&Ps up nine and a half. Let's get over to our man, Mr. Steve Rhodes, as we do each and every Monday at 20 past the hour. And don't forget, folks, Steve's does an outstanding show here every trading day. Also has a great newsletter, Mastering Probability. Now, it's very easy to get Steve's newsletter. Just come over to our website at TFNN. You're gonna see it right under Featured Content. You can get the Mastering Probability for one month for $149. You can get it for six months for 6.95, which is a savings of $199 or 22%, and you can get it for one full year for 11.95, which is a savings of $593 or 33%. Now, they all come with a 30-day money-back guarantee, folks, okay? So you can come over, check it out. You're not only gonna get a great newsletter. Steve has a huge amount of information with his newsletter that you're gonna understand how to look at the market each and every trading day. Steve Rhodes, what's going on? Game seven is going on tight. Can you believe it? I mean, that, you know, these guys are so impressive, it's unbelievable, actually. They are. So we've got the Florida Panthers that they're gonna be playing the Hurricanes. I don't know when the first game is scheduled. I know they've gotta get through tonight's game to figure out whether, you know, who's playing who, whether it's Dallas or Seattle. Right. That's playing Las Vegas. I wasn't that happy that there was a, the game came on on a Sunday evening after Mother's Day at 10 o'clock at night last night. So that was a struggle to watch that game. I was asleep. I get it. I get it. I totally get it. But so definitely look. So as you mentioned, hey, Tom, we're halfway through the month and you and I haven't really talked about the seasonals. So I thought that what we would do today is spend a little bit of time on those. And this first chart here, this is now what I've done is I've just taken the last 25 years worth of data because I've got 25 years worth of data for the S&P, the Dow and the NASDAQ. I only have 20 years worth of data for the Russell. In the Dow, we can go back 100 years, but I just thought we tried to keep things consistent. So we're just looking basically the last two decades out here. So over the last 25 years, the Dow is traded in essence like this, what we see on this chart here. Don't be paying attention to prices or it's really more of a directional thing as opposed to whether it really takes out lows or takes out highs. Yes. We're really looking for potential turning points. And what's also nice about this data, especially for day traders, Tom, if you take a look at the bottom left here over the last 25 years for the Dow, you can see that Monday, Tuesday are great days for the Dow. Wednesday, Thursday, okay, and Friday, not so much. And also it's nice just on the bottom to be able to take a look at the, which months are seasonally favorable versus unfavorable. And what we can see here, if we take just the last 25 years, the whole sell in May cycle, which is May through October, we can see that on average, there really is around May 1st that identifies the top for the Dow. And it's not until October 9th when we get a significant low for the rest of the year out there. So something for us to keep in mind, if we take a look at the same timeframe, 25 years, but we switch it to the S&P 500. By the way, the red vertical line folks, that's where we're at today, just so you can get a feel for where we're at. And the case of the S&P 500 is also has done the same with the top May 1st and a bottom in October. Now, interestingly enough, the S&P has terrible Mondays. It doesn't like Mondays. That's why it's too hard during the week, but Tuesdays, it loves Tuesdays out there. So we'll see what transpires here tomorrow. But again, just good information for the day traders out there. Now during the last 25 years, Tom, here's what the NDX chart looks like and totally different than what we just looked at for the Dow and the S&P 500. I identify where the NDX 1, where May 1st is for the NDX 100 in October 9th. So it still maintains that same pattern. During the whole process, and as you talked about, we've been going sideways. If you just looked at daily candles for four or five days, it's been a larger consolidation if we open it up a bit. But what we see here inside this NASDAQ chart over the last 25 years is really consolidating period of time. So we don't really typically see a bottom well, the first significant bottom we see inside of the NASDAQ is around June 14th. Typically leads to a summertime rally, July 17th, and then down into that October 9th timeframe issue. So we've got those three that we've taken a look at. During the last 20 years, as I said, only 20 years worth of data for the Russell, its chart patterns also look different. Looks significantly different. In fact, it's right around March 15th when the Russell puts in a significant bottom out here. And we go, I'm not gonna focus on the Russell today, but folks can go back, take a look at their charts. And then typically we don't see the Russell really top out until the third week of July. Moves lower, has a little rally up into September and then down into October. So, and also the Russell 2000 hates Mondays. It loves over the last 20 years, it's favorite day of the week is Tuesday. So folks will see what Tuesday brings for us. So our primary focus today, Tom, I wanted to just really be on the NASDAQ, the NDX100. And the reason is, and the reason to shift my focus there is because that's where we got the most recent signal change. So one of the patterns that I look for are what I refer to as these rose momentum indicator patterns. It's a pattern that I teach subscribers so anybody out there can learn this pattern. I give the exact specifics. In theory, in basic theory, it's where we have price moving higher with less relative energy. It includes more than that. But the one thing about each of the patterns that I trade, well, I can't say each of them, some of the patterns that I trade require you to get a bullish or bearish reversal candle to confirm either the top or the bottom. In this case here on Friday, we had a key reversal session, we had a bearish engulfing or bear sash candle out there. So we had everything take place, the signal to us on Friday that we got a top. We do have a top inside the NASDAQ 100. What we don't have is we don't have confirmation of a break of support. In fact, you were taking a look at just on the interday, you know, kind of a similar type of a thing. But here, when I take a look at support, I'm using profile levels. In this case here, price is trading above the top of its profile. And that little green red squiggly line on my chart, which is the oscillator and change line, it's real strong momentum. So we do have a top inside the index 100. It says we need to be careful, we're prepared. And if we take a look at the daily and the weekly timeframe chart, so the top panel shows a daily NQ on the left, weekly NQ on the upper right, lower left is the NASDAQ 100, lower right is the weekly NASDAQ 100. Each of these are matching each other. And we have on the weekly charts, if you look on the right-hand side, we have TD9 count top. So it's bar number nine. When we get to that and we have a successful bar number nine, it tells us about a topping signal. And in case of the NQ, it's very close to its breakdown level where price are broken down from at 13453. Now on a TD9 count pattern, Tom, the top can take place on bars eight, nine or the bar following nine. So won't be until the end of this week that we have the fully completed pattern. But between the daily and the weekly, it really does say that we need to be careful here. And remember, the NDX100 is kind of lining up right now with a seasonal pattern. Now this seasonal pattern would really only take us lower for a couple of weeks out there. But this would really match up with some of the inter-day data that you were looking at, as far as markets moving lower, what you're taking a look at from a volume standpoint. So the seasonal piece of it, and then the daily topping signal is in place. Now all we need to do is we need to get sellers to move to the downside. If I do this real quickly and take a look at the top five instruments inside the NASDAQ 100, we take a look at Microsoft on Friday. It confirmed a roadsman to indicator top on its daily timeframe. Weekly's got a TD9 count. Apple has the same thing. It confirmed a roadsman to indicator top a couple of days prior. It has a TD9 count on the weekly. Amazon, though, has a sell the D point pattern. And it has a TD9 count on the weekly. Those are the top three. There are no topping signals for NVIDIA. I heard you pull up the NVIDIA chart. It's like this thing just wants to keep moving higher. And the same for Google. Google's got an A to B equal CD to the upside. It gets us to about the 130 level out there. So those five stocks represent, I think I'd read it down somewhere, somewhere around 48%, I believe, of the entire NDX100. So we just need to be on guard, folks. The seasonal say that in case of the NDX100, which can drag our market slower, we really need to be on guard. And you know, Steve, what I remember, we've been doing this interview so long, that the sell in May go away, you were showing us a couple of years ago that's really close to the end of May, not the beginning of May. That's true. Yeah. Have a great one, have a safe one. Look forward to the show tomorrow, Steve. You too, Tom. Stay right there, folks, we'll come right back. The gold report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The gold report. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The gold report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's gold report newsletter now at TFNN.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. 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Dow investors right now up 33 at the NASSEC, up 72, S&Ps are up 10. Let's get over and take a look at, oh, actually, actually, figs, that's five GS. Let's go take a look at figs. We got a question from a tiger out here about gaps. So the loaf of figs is 555, the highest 13. This is the, you know, all this health wear outfits that you always see, the scrubs, folks. Okay, this is a monster business. I mean, look at these, these numbers are huge, man. Just wild, 540 million in clothing, right? You know, bottom line scrubs, 415 million to talk about having the market on scrubs, right? That being said, you know, this has been in a downtrend for quite some time. $30 all the way down to basically, what did that hit? Let's see. Yeah, it hit $5.90. Now, what you can see is coming up to fill the gap. So, let me put this on a weekly for a second, because most times, first off, it's cool that it came up there, but you can see, see how it's into the gap already, okay? Because 655 is the bottom of that weekly. The top of it is 906, you're at 840. And on the weeklies, you can see that this volume is dropping, right? So now let me put it back to the daily. Let me take a look at the daily. And what you're gonna see is that, you know, we got price spread today, 50 cents is good. What you can eat, what you can, you're not getting enough volume though. Like, you can see the last time we were up here was 4.4 million. You're only doing 1.7 today. Let me see when this comes out with numbers. Okay, not until August 8th. The real question is that, to think this thing can get through it, let me put this on a weekly for a second. So on a weekly, well, I'd say it's probably gonna go to the top of the range, meaning it's gonna try to get through this bar, meaning that the 930. You're gonna need some strength though. And what just may happen is that you may get a lot of back and forth at this area, because you can see in the last 10 trading days, we just did go up a couple points and in that particular pace on a $6 stock. So we look at the, let's go to Home Depot. Home Depot is coming out with the numbers tomorrow morning. So with Home Depot, the low for Home Depot for the year is 264, the highest 347. This is coming out before the market opens. Home Depot is trading 288. They're gonna be looking to take 38 billion to the top line and $3.80. Now, let's see, yeah, you have the spring quarter into this, okay, that's what's going on. Now, that being said, this is gonna be a big one, folks, okay? That's the, you know, people still spending money as much money on their homes as they have been, you know? And I suspect what you're gonna see out here, let me put this on a monthly actually. Okay, so on a monthly, yeah, this wants to go to the bottom of consolidation. This is not out of the woods yet. The bottom of that consolidation would be 264. Right now, you're 288. Lowes, we're gonna go to Lowes and see what Lowes is coming up with. Cause I believe Home Depot is normally first, Lowes is second. Yeah, Lowes is coming out to 23rd. Now, the low of Lowes for the year is 170. The highest 233. Lowes is gonna look to take in 21 billion and do 345 to the bottom line. Put this, do the same type of exercise. Put this on a monthly. Now, this is where this gets interesting, folks. So, check this out. Lowes actually looks stronger than Home Depot. Now, I can see, you know, fundamentally why. You know, like, Lowes, yeah, we might test on Lowes. Well, 205. What is that number? Yeah, 198, 198, 205. Now, this is what the difference is. The difference is that Lowes is the home owner, whereas the bulk of the business, whereas Home Depot is the contractor. So, across the country, you can see that, you know, there's parts of the North and West that are slowing down dramatically in the housing business, not in the South, but I could see, in that aspect, that Home Depot would have less orders than Lowes. And more than likely, what very well could happen is that because people are not selling their homes, Lowes might overtake or do better when you compare both Lowes and Home Depot to each other, which would be a turn. That has to be a turn in the marketplace, okay? There's no doubt about that. So, we'll see where that shakes out, but that's gonna be a heads up in the marketplace in a big way, there's no doubt about that. We're gonna take a look at, let's go take a look at Micron. So, Micron, right now, this is 382. This is coming up to the highs. And this is quite a, it's not only coming up to the highs, it's got juice up here, man. If you wanted to see a consolidation to a nice looking chart, this is one of them, man. There's no doubt about that. I mean, you can see, when we're at these highs, you have volume, when you pull back, you have light volume. Let me just pull it back a bit more and see what we have. That's six months, I put it in two years. Oh, look at how long this consolidation is, wow. Okay, this is gonna be a big one to watch because let me see this thing. Look at this. This has been consolidating almost a full year. That's a weekly, I'll put this on a monthly. So on a monthly, the last two months, you've been pushing higher with volume, trying to get, you can see, this is ISIS set up at the 6586. And what it's trying to do is trying to get into that area. You know, you can see, this is a classic White Cough deal. You jump the creek, you had monster volume on the jump, it's been trying to get back into it now for, oh my God, this is pretty amazing actually. Right off the bat it's trying to get back into it and it hasn't been able to do so. And that goes all the way back to September. Now the last two months we had volume, but this month we don't have volume. You know, so I get a feeling you're gonna see a failure there because it's pretty dramatic. We did 472 million two months ago. You did 382 last month and this month we're only at 143. So when you do that, those kinds of numbers, it's like okay, you're gonna be into it, you know, at about 300 million coming up into that level. And you know, yeah, it doesn't mean that you can't take it out, but it's really, when you see that much of a contraction of volume and you're trying to get back in a trading range, it's a whole different animal. Dow, Dow Industrial's right now up 44 Nasdaq's up 75, S&P's up 11. Stay right there folks, we'll come right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. 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Let's go take a look at the industry volume out here today. As I said, we got a sideways move out here. You can have really light volume, look at that. Right now we are, what do we have? Yeah, you got 20 minutes left. You're only at 460 million inside the NYSE and we get into the composite and oh man, look at that. That's a real contraction, 3.3. So what you have there, the market right now folks is waiting for news on the debt ceiling. That's how this thing shakes out and we'll see whether we get any, because I think it's still too early to get anything because the bottom line is that we're only at May 15th and these things always go right up to the very end and we'll see how this one shakes out. Yeah, that's what I'm looking at here. Let's get over to the S&P's, the E-mini's just for a second and see what we have. It's hanging tough, kind of at the same numbers as I came on the A up. Yeah, so we'll see where this shakes out. You got this, this lower end is still game to be tested. You're not that far away from it. What we haven't had out here though, really, well, yeah, it's a bit of sideways move. The volatility is slowing down and NQ and because we've been so used to high volatility, you know, when you're talking 10 S&P points where that's where that low is, that's a lot of S&P points normally. You know, now it hasn't been a lot of S&P points for the last, you know, seven or eight months, but normally 10 S&P points is quite a bit. You know, we'll see where this NASDAQ composite shakes out too, because on the composite, we're dealing with, what, 418. And, you know, that's 40 NASDAQ points and 40 NASDAQ points normally meet, when I say normally meet seven or last seven, eight months is nothing. Today, that's a lot of points because of the fact that this volatility has slowed down. You gotta remember something too, that the volatility does slow down in the summer. Now that being said, the closer that we get to no debt ceiling or no vote on the debt ceiling, the higher the probability that this volatility is gonna go up again. I suspect what's gonna happen is this, folks, is that it's gonna be a standoff until the market decides that it can't take it anymore and you'll have a big market down day and that's, you know, and then you're gonna have Moody's probably downgrade the debt, all in all. If that's what happens, that's when you're gonna get, that's when you're gonna see movement because of the fact that, you know, us as citizens are gonna be calling, yelling and screaming to our representatives and senators that, hey man, get this thing done because you just wrecked all the IRAs and like it about heartbeat. But that's what happened in 2011, you know, because this is not a, you know, this is not a deal about having the money to pay it. This is the willingness to pay what our bills are. That's how this thing is shaken out. That's how it always shakes out. That's the bottom line. You get the bills and then the question is, okay, you know, do you want to pay them or not? Well, we have, we, you know, we certainly, if the debt ceiling could go up, we certainly can pay them. But it's really gonna be a question of, you know, the willingness to basically expand the debt ceiling and then go pay it, you know. And the thing that's so intriguing in general is that numbers, these numbers are always gonna get higher. So that's just how numbers go. Well, that's how the economy goes, meaning that because even a 2% inflation, when you start compounding 2% inflation, that it'll take a number of hundred and crack it down so dramatically, it's amazing. In fact, let me show you this. This is how you can wrap your head around this. Watch, GLD, watch this. This is how dramatic just a four-tenths of 1% can do it. So I just pull up the GLD, right? And you see this expense ratio is only four-tenths of 1%. Now, okay, four-tenths of 1%. Keep your, just remember that, okay? Now, performance, this is 1994, I think. Yeah, it is, okay. So picture this, four-tenths of 1%, zero, four. And this came in at November of 2004. That's when the GLD started, okay? Now, see this number, 187, right? Well, watch this. That four-tenths of 1%, 202, 202, 187, just four-tenths of 1%, brought that down 17 points, okay? All almost, this is crazy, GDX, almost 10%. You see that, how that works? Of what it's actually trading, oh, the GLD, that's right, GLD. So you can see even what a small number can do, meaning because the GLD trades at 10% of the price of gold. But because it has an expense ratio of four-tenths of 1%, every year, well, you can see what ends up happening. So now, just picture, you flip that around and saying that you're out of 100, you can, every year, 2% is gonna get knocked off, it turns into monster money. So on the other side of that, now go on the debt side of that, on the debt side of that, you can see the aspect of exponential numbers on the way up. Now, what's not said, and this is where, when I used to interview Bill O'Neill all the time on TFNN, you know, from Investor Business Daily, he's the founder of Investor Business Daily, and this was, you know, I'm going back a long time ago now, he was always bringing up the aspect when people were worrying about we're never gonna basically be able to pay our bills and all this, and he was in the camp and he's conservative, but he was definitely in the camp that, well, guess what? A balance sheet has two sides of the balance sheet, you know, and what people haven't paid attention to is the other side of the balance sheet meaning the asset side of the balance sheet as to how much everything also goes up inside of that instead of just looking at the gross domestic product because there's no doubt that a percentage of the gross domestic product, that's another way of looking at how much you're spending, meaning the percentage of the gross domestic product, that does mean quite a bit, there's no doubt about that, but it's not as dire as some people wanna make it out to be, you know, because you gotta remember we have the other side meaning the asset side of the balance sheet and how much everything is worth, you know, not that we wanna sell anything off, I'm not saying to sell them off, that's for sure, but, you know, pretty well. Hey, you know, it's amazing folks, okay? If you like documentaries, especially on nature, Netflix right now has won the Chimp Empire. It is unbelievable. And it's about this huge clan, well, it's the largest in the world. And it's worth checking out, it's, I think it's two or three, maybe hour programs. I was watching it over the weekend, it's just a mind blowing. Dow, Dow industries right now, up 16, now it's except 73, S&P's up eight and a half, stay right there folks, come right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. 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No big numbers out there, that's the bottom line. We go take a look at the spy and what you're gonna see is that we got a sideways move out here. You just get the spy up a buck. You have a big contraction of volume so you're not pushing higher or lower. That's the bottom line. So we'll see just how long you're gonna be up these highs. Now the longer you stay up here, the more is like, okay, you can crack. That being said, it looks to me that if we take a look at this dollar, what you're gonna see is that this dollar, bottom line wants to get up to this 106. And if that's what we get, you're gonna see the broad market get hit as well as the metal market get hit. You know, this was the first time that the dollar actually took out that consolidation. We say took it out. This consolidation has been going on since approximately June 1st. That's not, no, no, June 1st. Oh my God, April 1st. Yeah, April 1st. You know, it was trying, trying, trying, got above it, pulled back today, but it looks to me like it's just laying up there ready to really go. And I suspect what that's gonna happen, folks, is that that's gonna be an overnight move. So what you'll have if it's an overnight move, this is where you'll have a, you know, sell down in a lot of these equities. So, you know, yeah, you can have your stops in inside the gold or silver equity market, but most times, you know, if that's what we get, you'll get a drop. And I showed you that XAU and the HUI chart. There's volume and the volume, unfortunately, is a lot lower. Oh, I just remember folks, the bank and Cloya hot out the bull can run you over and thank God, there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Back and visit Tommy tomorrow morning. Kicks us off 9 a.m. Great show, folks. Real! Look at him, folks.