 The following is a presentation of TFNN The power trading hour with your host David White Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 now David White And welcome all to another excellent edition of the power trading hour and as always it doesn't matter where you're at As long as you're here at this time The following takes place between 2 p.m. And 3 p.m. Well, we've got the Dow down 239 the Russell down 18 Cude oil is probably the biggest surprise down 3% a lot of production coming in from the Permian Gold's down about 10 bucks We've got the Fed pumping like they haven't pumped in a long time TLT is 148 46 and Normally that money comes out of the bond market and back into equities But the last three days has seen a major change We've also seen some of the worst advanced decline lines this entire week Um, we'll see what today brings in the close But pretty horrific looking stuff And there's a lot of things you can take a little bit from column a column b column c um Kind of like a chinese restaurant menu Pick a little here pick a little there of why Or if we got kind of a bizarre movement in here and in fact with a market that's flat on a friday You got the uvxy up 14 since still Which is exceedingly rare we talked about that Starting to ramp up yesterday it got up to 16 17 And it's not so much that as the fact that when options expire Uh, you almost always see You know on a today would be easy to see a 50 percent or a 50 cent drop Just on the premiums being taken out for the weekend But we've got a lot of things going on Uh, and it's probably going to be either after the bell Uh, or uh tomorrow, but we're supposed to have uh the announcement who's going to be the next fed president um And maybe why all the cash is being pushed in could be More lockdowns in europe could be Just a whole variety of things The one thing is there is a lot of cash and it's not doing what it used to do So there is something happening and there is a change now. Maybe we see a huge spike if pal was uh There or they you know, we have somebody else as the fed chairman in the market doesn't like it I'm not exactly sure at this point. I I am going to invoke mr. Miyagi the best way to avoid fight not be there um, but uh We I mean for the uh For the options they told us pretty much exactly what Uh, we talked about early on and that is a 47 hundred was kind of a brick wall to go any higher I tried some short positions. We did get into the uv x y I think I got into it with the calls when it was about 14 75 or or so I made a little money on that actually made a great deal more money Every time it bounced just going ahead and shorting Against my calls and winch rinse wash repeat um but uh You know, it just looked like a really flat day coming in yesterday afternoon. So I got all cash um, was also short this the spies you know I I I shorted when I thought the market was going to hit a little lower But I think it was uh, the spies were up about 1 so fairly narrow Uh stop in that to get out but again today down a little bit down 17 cents on the spies, but uh Yeah, the dow Very interesting to see it off as much as the russell Um, there are other things going on political could be an issue Uh, we've got lots of stuff to talk about um But those are the things i'm thinking about going into fr uh sunday night when the opera when the uh futures reopen and see it uh, one of the things that uh caught my eye today is something that just makes you go and Actually, I thought I was being pumped. This is so nutty That actually I thought I was being punk Uh, but it's real And that is that they have a uh candidate that's going through the senate Uh, that would be the direct oversight of uh banks and it's the uh Can uh comptroller of currency Which is kind of the the adjunct to the uh Fed when that happens um this uh Lady came from Uh, the soviet union to the united states Uh, but doesn't really seem like she ever lost her zeal for trotsky and marx um This is kind of interesting is she said well, I don't believe all that anymore During her testimony yesterday, but more interesting to me Was that even though she said that, um many people that were, uh Questioning her yesterday during her testimony said well, you just wrote this a year ago So did something change in there? Anyway, I don't think she's probably gonna pass But she if she does I would just say short banks She wants to take all deposits away from private banks She wants to make the federal reserve in charge of an economy wide credit union allocation She wants the federal or new york's federal reserve bank uh to short investments. She doesn't like And to go long ones that she does She's sports giving the government seats on privately owned companies But they would have more than 51 of the votes um And yeah um literally And figuratively a out and out communist Running the capitalist part of an economy I don't know how this ever goes. You know, I like I said, I thought I was just getting punk Early on sometimes you see these things and you think well, it's going to end up on the onion or something, but No, no, they're actually doing it. Uh, if you look this up, you can find all The interesting articles she's written and not just when she was 20 years old and misguided youth but uh, actually Um, real clear markets has a good article on exactly What she's proposing to do But uh, yeah Occasionally you just think you're nuts and you think Hey, this is just a big conspiracy theory. Dave's nuts. He's watching something on cable But uh, and now actually all of it true But uh, and you know what I I thought of it today and I thought You know what's next going to happen? I'm going to find out the local men Or the the local men mental institution Is trying to dig up, uh You know one of these sillier Serial killers to run the mental institution because it seems to me like if you're trying to run A capitalist endeavor You probably ought to have somebody that at least kind of believes in it But uh, anyway Uh, that's my part of my I just my head's ready to explode. I'm rapid duct tape Are you grinding in the market? But seeing little to no return or are you a successful trader simply looking to make your job a little easier We'll learn to take the path of least resistance with David white's powerful trading newsletter David white is an accomplished trader whose deep understanding of technology and the markets Allows him to consistently find and share winning trades support and resistance Define the ranges in which stocks trade by understanding these trading ranges David white is able to find the path of least resistance David white's trading newsletter the path of least resistance is delivered daily Before the markets open to make every trading day an easy win Visit tfnn.com today and subscribe to david white's ultimate trading newsletter For $119 a month and try all of our newsletters risk-free with our 30-day money back guarantee Take the path of least resistance at tfnn educating investors What's separating you from the most successful men and women on wall street? 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I don't know if that's necessary. They apparently did this all themselves and uh did not Have to worry about the government coming in and pointing out an error they made So maybe they're getting better. That's at least the way that some of the articles i've read today talk about it But instead of five units are probably going to kick out a couple For a um a while two jets of the 787 instead of the five So is it the end of the world? No, they say they're going to have this fixed in two months So in you know, that's uh When you're talking 200 million dollars a plane though That's 600 million dollars with a business across two months Pretty soon, you're talking real money at 1.2 billion dollars that would be moved into next year but uh, I don't know if uh You know, everybody's a little distrustful or a lot distrustful of bowing but uh And just never looked like it was going to pop back up. I think uh, also when you really look at it with all the additional uh rumors of Lockdowns in europe. It's probably a little tough to think that uh Travel is coming back as fast as a lot of people actually thought it was Okay, uh, what else do we have here? Um, oh, that's one thing um Yeah, down 5.7 percent Other things going on in the market apple is really run Um from the people that I've talked to today, uh, they all suggest that uh From what they can see, uh, it's the fed The fed is in buying very specific stocks With the money that's coming out and not going to the rest as we said The bonds generally when they shove this much money in over a couple of days, you see the tlt Kind of rise or and bonds of course react and then it kind of gives up a buck or two and you see all that cash eventually go into the equities themselves well Dows are down the s and p is only up a buck And other things going on. So what's what's happening? Well, we've got about three or four stocks of which I suspect the fed is back in buying And is it just to get past this? Are they worried about a change in leadership? Like I said, I don't think we have to worry very think very long. We'll probably see Any reaction over the weekend and sunday night? So not a big deal to kind of sit back and wait what happens But um, you know, that's kind of it. Anyway, apple had a lot of volume yesterday There isn't a lot to suggest that anything changed other Then the fed stepped in and decided to hold the market up at least for a few days When it started to get weak. So maybe we'll see on monday That maybe that pulls back or maybe this starts a new run higher But back back by the fed's cash Into the market after they said they were going to taper I don't think they can taper anymore Uh, what else do we have on the spicket today? Uh, amat was down a little lower. They said the s word That is supply chain. It's actually two words, but I like saying the s word Makes everybody get their mind down in the gutter I got a little tombstone doji out here today As we look at that you're really at support It wasn't really that bad, but uh, wasn't that good either But they're also saying that it could be six months before they turn around And of course they make the tools that make the semis So that could be at down 4.6 percent on the day, which is not the end of the world But uh, also not all that great either Question first question of the day comes in from robert Uh, and david both About uh, where tesla goes um, I've said I don't think that you want to Uh, actually short this or think or probably even sell it until you see 11 75 Uh, you got no volume today. I could still see Uh, a interday push where this thing went to 11 75 and gave it all up in that case I would Be short this Right now it is doing the perfect Uh, double repo pattern, which is 10 or 15 or more days Above a three by three a handful of days below it the next couple of days back above it And at that point you look for the retracement off that In which case It's actually a little bit lower, but I'm thinking maybe even does a 7 a Uh, a 0.78 retracement just because the way this thing works, but uh, 618 is 11 42 30 But uh, I'm thinking that this big candle here where the high of the day was uh 1000 is that 1000? Oh, that's the low 1074 is where that thing is going to try for and at that point That's where you would probably want to try to pull the trigger There aren't a lot of shorts in this it may not get there, but I don't think the risk reward Uh, if you're looking for it does that but that is the double repo pattern Setting up and we've got light volume and we get maybe a little bounce on monday And that would be it. Uh, any clothes below that three by three is the um Confirmation and you hold onto it as long as it Actually stays below that But uh, if you get a huge down move Next week let's say tuesday wednesday Back below that it goes to 1175 it closes back below like 11 25 That's probably going to be the pattern that sets that up and I think it races right to a thousand And starts a long long sell-off Uh, probably back into the six hundred dollar mark Uh, everything else. So I'm looking at hunting big game here. We're talking grizz Pilgrim if you get that movie reference Who doesn't? I think people have lived inside too much And didn't watch grizzly At was it grizzly atoms wouldn't grizzly atoms. What was it? I can't remember now um If you missed my open, uh, greg who's uh lives in loots, but in minnesota Um on bank of america. I would watch on whether or not you get the new New, uh, nominee we talked about the first segment wants to know about bank of america Uh, ideally if we forget all news What you're looking for is 4106 and we'll tell you why As we return Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the tiger's den trading room only at tfnn.com The tiger's den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with the sharpest minds in the trading world Subscribers to the tiger's den are also the first to have their questions answered live on air And can privately chat with our tfnn hosts live during their shows Interact with other tigers and tigers's as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the tiger's den risk free with our 30 day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you Whether you're into trading gold metals futures currencies or options You'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30 day money back guarantee for new subscribers As well as tfnn's tiger den trading room trading software and educational webinars for all trading levels And make sure you check out tiger tv for free on tfnn.com or tfnn's youtube channel for live Financial content from 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor you were born to be tfnn educating investors 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 art lease abc's 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 dollars a month We are so confident that you're going to 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 As we return uh saying uh on bank of america reg um I tell you what When these patterns set up they are so good Uh that I have to tell you that either if you're short I would look at it or if you want to go long. I would wait for it and that is confluence levels and This is a gorgeous setup You probably don't like it if you're long But uh, I I mean these have about the best batting average for actually seeing anything And it is confluence levels and that's two fibonacci levels where the 618 of one and the three eight two of the other come together But it's where they come together with maybe like a half a percent Of the price of the stock And of course this does is done automatically for you with the art of timing the trade charts um And again, you know, you just have to say that 4105 to 4123 Uh is what 18 cents On a 41 dollar stock. That's what you're looking for you're looking for those things and over time And here we have a 60 70 trading days on each one of these legs Those work so many times compared to a lot of other things that work You know a lot of things work in the market 55 percent of the time Maybe 60 percent of the time You got a few things that work 70 percent of the time You maybe have a handful of things that ever work better than that But certainly bank of america the setup is at 41 23 And uh, I would put an alarm on that if you want to buy it I'd wait till there But uh at the very beginning of the show if you go back and listen to it I will not rehash it But uh man if uh the banks Including bank of america are run by this lady uh I would just assume that It's going to continue to crater because uh every single thing they do they're going to be Uh harassed uh into submission and none of that is going to be for higher prices in the stock Um, yep, that is a beautiful pattern right there. So keep an eye on it greg from minnesota Who also lives in loots? um Question from pete asks, uh, where is uh, uh arc going? And I have to tell you that every time I hear about arc I hear the exact same thing happening in my mind and that is reading fooled by random randomness by uh Nassim Taleeb He goes through so many people that did exactly what kathy I forget our last name is doing Uh, but kathy somebody in the den i'm sure We have uh, I don't i'm not a cult member of the kathy um but uh mostly because I've seen it so many times Uh, Nassim Taleeb came out with his uh book in 2002 or three I remember I instantly jumped on it and started work on options mostly because of that book He says a lot of things that makes sense if you have a billion dollars I've kind of Modified a lot of those things for what I do For uh less than a giant Fund a Personal way to use what he does So he says a lot of things like everybody is a giant hedge fund manager And we are not so I try to do some other stuff his basic tenet in this thing is well If you lose money in an option you lose 100 of it while that's kind of bad But if you lose 100 in an equity That's really bad because the most you can make is whatever it goes up Uh, and the you you have 100 loss capability But if you buy an option And maybe not all the time but once in a while it'll go up 20 or 30 or 40 or 50 times On a big move either long or short So he buys way out of the money puts and calls and cash is in big every couple two or three years Uh, but he's kind of like a camel. He doesn't after drink very often Generally most people like me I can go a few months or something without it And then I'll score so big that it it makes my head spin around But uh, he talks a lot about Kathy. What's her name? The Kathy Woods. Yeah Anyway, he talks about exactly what Kathy's doing in the book So I would if you're a real big believer in it, I would read about the different kinds of traders That came through his door Again, it doesn't apply to everybody And uh, if she's doing it right, maybe there's a couple of big winners in this that offset the losers But generally the problem I have with it in everything I've read about it Is the incredible amount of leverage that she's using If this market ever pulls back, she's done Just remember that if it pulls back, she's done You can't have 35 to 1 leverage in something like this big thing buy a bunch of flaky stocks And spax and not expect to get burned on at least a handful of them And two you shouldn't expect the markets only go higher And the problem is that bull markets do last a long time. He goes through that And uh, how many times have you heard it on tfnn talking about? Um, everybody's a genius on the way up Well, I mean she sounds exactly like the people he talked about that he knew when he was going, uh Up in the world and of course, uh, they're all out selling paint at the hardware store today Um, if they didn't do what a lot of other folks did Um There's some other questions here. Maybe we'll get to them. Uh, the guy that owns business insider going after um Barstool sports and dave Eh, what do you expect? This is the guy that tried to rip everybody off in 2000 and somehow was politically connected enough To not get into jail, but he runs that website now called the business business insider And uh, yeah hit pieces It's just kind of a a lot of these uh places are just now um Places for rent, but uh It is the same organization all involved Uh in going after folks that have lawsuits against other folks Uh, so, you know, can you rent a mob? Certainly can can you rent a uh A semi corrupt or very corrupt person that runs business insider? I think you can but I think uh, port noisy is one of those few Folks that can't be canceled because he's got enough fans. He's kind of like musk Musk can go after a comrade bernie and not much is going to happen to him At least in the short term So, uh, what else do we have out here? Anyway back to uh, uh investment on art. Um Oh someone a s what's this guy done? But the business insider guy I'm trying to remember his name right now is the one that uh got caught telling everybody how Big a problem while these tech scrops were in 2000 but going out, uh, literally the same day as his emails Later on and uh somehow He didn't end up in jail. I do not know how back Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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That's 7 27 329 83 22 call us today The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David white's investment newsletter the technology insider Is designed to give you all the information you need to understand the technology that shaped today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Are china a shares hot or not if you trade china a shares now may be time to take a closer look Trade chau or chad Directions daily csi 300 china a share bull and bear etf's china a shares in either direction Visit direction investments.com 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 chairs at eight six six four seven six seven five two three 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 Hector says uh mu. Yeah huge pop today I didn't stick with it long enough because uh technically it looked horrible I made a longer term pick on it with uh Uh based on just fundamentals of what I saw and read about what was going on and in taiwan and Memory and outlined it in the tech insider But uh man sometimes I like it when both the fund middles and the technicals go together This thing just looked uh horrible for a long time off the bottom today is your sign of strength finally Back up here, but uh, I thought it was going to a hundred And uh for a lot of reasons in the tech insider So Yep, uh, there you go hector Hector held on to it longer than I did and he got rewarded Uh, I have to worry you though hectors sitting in front of his computer the tech insiders for people that probably Can't get to their uh And their sell button in the next 15 or 30 minutes I think that they have to get there in a day So I have to be just a little bit more uh Circumstect when i'm looking at the longer term holds and uh know that if the market turns against a Could be problematic Uh, anyway, that's uh, I sent it out early I think Certainly came out right? I hopefully I sent it. I think I sent it Um, maybe yeah, maybe someone can tell me if it's in there Uh, anyway reports on december 22nd. So yeah, I think it is and too many people hopping on Some of these stocks that just seem like they're A monopoly. I don't understand Shorting monopoly stocks So, you know, it's like qualcomm. Why would you short the thing? Well, a lot of people did and were on the wrong side Same thing with invidia It is almost a monopoly virtual monopoly stock. It's up a little bit higher today Uh, but uh, that's it Looking good, uh for 330, you know, does it pull back? Have a 50 could it pull back 50 bucks tomorrow? Oh, well, I actually know it couldn't but maybe on monday If the market pulls back or even more, yeah, it could eventually though I think in five years or less this thing's a thousand dollar stock um, we talked what? eight days ago Probably eight days ago eight trading days ago about their dog and pony and just how many things these guys have um, as they say Uh, don't expect your ship to come in if you've never set one out Sent one out. These guys have a lot of them and they all look fairly interesting Uh, from the metamucil verse to other things Uh, it's hard to be Thinking long term short on invidia. They do have an amazing uh price earnings multiple but You know, if there's a company that can grow into it It's probably them but with that big de You should expect enormous volatility Okay, what else do we have here? We got to that we got to that got to uh, david on tesla And what else do we have? We've got about five minutes left. See which one's uh Email me at path at tfnn.com. Get me a call at eight seven seven nine two seven six six four eight Uh, okay here In the long list of stuff uh question from ronald Not to be confused with ron about sisco Anything changing out here? No, not really had your exhaustion move yesterday Anytime you have double the volume or triple the volume a lot of times in the very short term That is it. You blew through the lows with significant volume That was a 26 million share low on october 6 at uh 52 98 And you got a light volume bounce today. I don't know if there's a lot more damage back into this. Could it go back into the 50s? Uh, I mean 50 ish Uh, yeah support probably low into the support out here is about 40 mid 48s. I think you could see that Is it the end of all end of all issues? No Uh, but just remember every one of these stocks has a Achilles heel and that the 70 to 80 of all their parts come from taiwan so, you know every day you read an article about uh, The chinese massing on the borders of uh on the shores getting ready to go over and invade taiwan Now you see the same thing Uh In the ukraine right now with russia I would Especially at the prices for options now Be a much bigger fan of playing these things on the options. You know, is there a five percent chance? Yeah, is it 50? No Uh of something like that happening. Is it more about sabre sabre rattling? I don't know Uh, you see the polls we have probably Uh, right now. I'm sure the chinese and the russians are looking at it. We've got the weakest president since, uh Since probably nixon on the day that he uh That he left office You know, they they see these things and not to jump up and down and gloat about it, but we see those things and It's always when you're at your weakest that other folks, especially Uh, those that are evil will come knocking on your door. So I'm just saying now, uh, the the option prices are not huge It limits any of your risk going forward. You can buy them into december 25th Um, and that pretty much takes care of Uh, even if you think they're going higher does kind of make you look at whether or not you can Crate these things and not have to worry about, you know, significant downside Whatever the prices the option is going forward or you can, you know, also write the other side of that and hope that you don't uh get it put to you But if you do no big deal either so you can write covered calls and covered puts as another way to do it But that way I would Be thinking about all of those features right now Um tonight, it's a full moon. Is anything gonna happen? No If they're gonna do anything Always look for the dead of night without a moon. And so that's almost always, uh the new moon So do I think the chinese is going to run over there tonight in a full moon now? Um Like I said, I'm saying five percent But you know, how many years would it kind of take to come back? From a big hit if you're in the semi-conductors Now probably the entire market gets hit if something like that happens the russians or the chinese Or more than likely my guess is they do it both at the same time To keep us all bottled up But uh, just know that that's out there. It's a smaller percentage One that could take you five years to get back Consider options Even if you're on a long-term hold consider, uh It's selling the opposite side of that options market and make a little money Nothing Be back in a 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 at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com And tfnn's youtube channel with tiger tv live every market day from 8 30 a.m To 4 p.m. Eastern for free each host is an experienced trader And gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts To help you make the right moves with your money Watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be tfnn educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices Get the opening call newsletter by basal chapman and your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Are you looking for a secured investment which pays you on a monthly basis the target first mortgage program Maybe the program for you the best rate on a five-year cd in the country right now According to bankrate.com is paying one percent per year or $1,000 per $100,000 invested The target first mortgage program pays seven percent per year paid monthly on secured high value Buildable properties in st. 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So Go ahead and uh check him out Wrap up the day it is options expiration I think we had almost all the action yesterday a little bit today got some individual stocks that move But as I said, uh a lot of stuff going on this weekend Um, don't think there's a lot of reasons to jump in front of any trains on the clothes tonight But uh, you know, you can still there's many things that you can trade even if it's not the futures Um, you can get into depending on who your broker is Uh, but I would wait until sunday night. In fact, this is one of the few sunday nights that I would line up Uh at uh six or seven o'clock and start watching what's going on because I think that's going to tell you a lot about the reaction uh from uh president biden who said that uh four days ago He was going to announce the new fed president in four days Could it happen after the close today? Could it happen tomorrow? over the weekend Uh, I think certainly now after the close Uh, we got other people running other theories, uh from riots to everything else about what's going on Uh, I'm not a big, uh, I'm not subscribing to that one I do think that there's a lot going on with this fed juice that makes me think that they think That something's going on. So we'll see that especially this must fed juice And not seeing it spill over into the markets, but actual selling The uh week has been a disaster for the advanced decline line um train wreck Probably comes to mind Just a handful of stocks Holding up the entire thing and apple the poster child for that Um, a lot of people think that it is the fed buying a couple of those So maybe there's something else going on we unaware of anyway flat day on the s and p's as we go out The door down to 52 on the dow hang on for basil. So when you can not when you have to we'll see you monday same bat channel same bat