 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Okay, looking good, Billy Ray. Feeling good, Lewis. A big day today, folks. Things going on all over the world, mainly due to all the volatility we're having in stocks and everything else. Hold on, boys and girls, as we speak, they're starting to make noise over here again. Shut the front door and raise the rent. We're going to take a look at the German Dachs first. As you can see, we've made some type of a little double top up in there. The next one was the FTSE. It could or could not be making a top in this area. It's a little too early, but this is a perfect butterfly pattern in the FTSE. No question about it. Very similar, we had the reverse of this happening in some of our indices, but I'll go through those one at a time. Here, to me, is the very important thing that's happened today, boys and girls, that we've been talking about for quite some time. And that is the 38% level in the dollar index. You can see what happened here. Once it broke through that 38% retracement at 95.50, you know, well, it's not a big move, but it's down to the 50% level, but you know, the ABCD on this measures down to 94.57, but that was major support. The reason why, folks, it had been there for six weeks and the high of 97, the low of 95.50, when we broke below that 382, bada bing, bada boom, down it went, and now we are definitely rolling over here. That's one of the reasons why we've had this nice move here in gold because when the dollar goes down, i.e., the euro goes up, that tells us that the gold should go higher and it has. Unfortunately, I took profits in the gold a little too early, so I missed this last $15, but we took the first $60 out of it. So we're waiting to rebuy now on any type of a pullback here. I've already got some ideas that I put into the 24.7 group to take a look at. So I think that'll be something that'll be out into the future. Today, our Rich Anderson will be our guest. We have the biggest grain report of the year starting out. We'll be here today. We've got some questions on which grains, programs or which reports you want to see. We've got a list and Rich is going to go over those with us to show which ones are important, give us some ideas on the ramifications of what's going on here, and then also anything that might be a big surprise that we'll be watching also. Remember, tomorrow we have Norman who calls it to the minute. Winske will be on. I believe we have a full moon coming up in here pretty quickly, so we'll be doing that so far, so good. Anyway, let's take a look here at what we're looking at in some of these markets here early this morning. If you remember, when we were talking here on Monday, we were, oh, shut the front door and raise the rent. Shut the front door and raise the rent. Give me a second, boys and girls, I'm hitting these two things. Okay, hold on, here we are. There we go. We were looking for a beautiful retracement here, 61%. We did it one standard deviation. It was 1.618 expansion, 15,163. The low was 15,152, so I missed it by 10 points. Now, the reason why I'm talking to you about some of these patterns because they're the same thing in everything. You'll just see the breakdown that we had in the U.S. dollar at that level in the dollar index, correct? Okay, now we said the same thing. We'll just look at it on the euro side. You'll be able to see here because I think this is important for trend identification and stuff, folks, but you'll notice here, once we broke out of that 1.1380 level, we're only 40 pips higher than that, 30 pips higher, well, 40 pips higher than that right now, but that is, that's definitely, it's a breakout. It's a whole month of action now that everybody that's been short that stuff now has a loss and so they're gonna have to pay attention to that. Well, maybe they will, maybe they won't, I don't know. But that's what, now the reason why I'm bringing this to your attention is because of this. The next chart we're going to look at here is the natural gas. And if you'll remember, over the years, I said, when we get down there to that 350 level at big ABCD, that's when you wanna start buying the natural gas. The low was, I believe, was 350, 352, I think was the low. The thing measured to 358, I believe. And now, look where we closed last night, folks. We closed right there at the 38% retracement at 42.27. Do you know where we're trading today, folks? We're trading up at the 50% level already. We had 42.60. This is a major bottom now. And this is something that could have a heck of a move for a very, very long time. That's where these patterns are helpful. Now, when they go beyond these numbers, and they do as we often see, then we know that there's something not correct. So that's the whole thing is when these things start to fail, you've got to get out of the way. And that's why we watch these things so very, very closely. Now, if we look what's happening, I wanna show you that same thing with the 382 because we talked about it yesterday and I wanna get it to your attention again. This is the NASDAQ. Remember that number. There it is, 15,152 was a low. The 1.618 expansion was 15,156. The two standard deviations was 150,160, I believe. So it was right in that ballpark. We've had a very strong rally. Now, look at this chart up here, folks. You see that right hand corner over there where the blue earth says 16,010? That is the 61% retracement of the whole down move in the NASDAQ. That's what it just happens to be. Now, just for kicks and giggles, let's get the old kicks and giggles up here as soon as we can find the old kicks and giggles chart. And it'll be here somewhere, I hope. Ah, and here it is. Let's get it up here. And here is the kicks and giggles chart for the NASDAQ for today. And look what the high was, folks, 16,010. And we're trading a good 200 points under that right now from what I understand. Well, we'll see if it means anything. Now, that's what I would be watching. Now, here's what I was watching because we covered the short in the Dow that we sold up there near the high. We covered that on Monday. And what we did today was we decided that if it was time to do this, this is what we had to do. And so I sent this out early and it said to sell the Dow at the market. It was trading at 36,000, 36,000, three, well, you can see 36,287. And so what I did was I put a stop originally at 36,500 and we now dropped that stop down to just a $200 loss. In other words, if it goes back and makes anywhere near new high where we sold it, we will be out of that with a very, very small loss and worry about it the next day. So it's all about the risk control that we're trying to associate these things with. That's the thing that I think that many people have to pay closer attention to. They'll be far better off than if they don't do that. That's the main thing. Someone's asked a question about silver and that silver is still looking okay but it's not nearly as strong as the gold market but gold is up here against some major stuff up in here folks. So I was very, very bullish gold. I bought it on that dip, did pretty good on the run up. I even had a small short sale that worked pretty good. But these last 20 bucks I'm not involved so I'm just waiting to be, what's the old adage is, a nervous bull is what I would be called because I'm very bullish but I'm not gonna buy breakouts folks. Before I buy breakouts, I'll send the checks directly into Chicago Mercantile Exchange to save the commission. Let's take a little break. 877-927-6648. 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 Basil 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 in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. 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TFNN, educating investors. Call now, toll-free at 1-877-927-6648 internationally at 727-873-7618. Okay, folks, I posted this chart of the e-mini S&P on a daily and I wanted to bring to your attention a certain pattern that is unfolded here that I talked about in the video that I sent out last night. Someone asked me the question, you can see these two very, very sharp down moves, these dark black arrow, these are exactly equal within about 10, well, five points coming in right at the 78% level. That's what we had on Monday, that was that bottom. You can see what happened here after we had the last bottom here. We exploded for one, two, three, four, five, six, seven, eight, nine days to make a new high. So far what we've done and the question that the person asked me is, could this be a head and shoulders pattern? If the S&P does not exceed 4740, which is right at the ABCD 61% retracement comes in around 4737. The high today was 4740. So it did not exceed the high of December the 18th. So that could be the problem with it. And this is covered in the formulas that Dr. Andrew Lowe uses in his book, The Non-Random Walkdown Wall Street. There's a time sequence where the high from the left shoulder to the right shoulder should be very close to the right shoulder of the lower move. And it's not anywhere close because we're only up two days. You see the other shoulder took quite a ways to go. That would have to come in around the 17th of the month and that's, we're way before the 17th. Now, I don't do head and shoulders patterns unless they're perfect. And this isn't a perfect one. So I had to say nay to that because it didn't have the symmetry that you need for the head and shoulders pattern. It's very important that formula, you should see it. I posted it here before, but it's a huge mathematical equation with summations and square roots and all that other mumbo jumbo that they don't teach there and don't tear out Indiana, but by golly. Anyway, that's what I'm looking at there. It's not a head and shoulders pattern. Now we did hit the Fibonacci number. We hit the, we had a perfect Dow Jones ABCD, as you can see right up there at 36,300 in the Dow Jones E-mini. And that's when we sent out the alert to, you know, go in, now you're breaking even whatever happens. So remember that, I'm just trying to break it down on the patterns because when they line up perfectly, it's great. When they don't line up perfectly, not so great. Now we've been very friendly for a rally in the treasury notes. As you know, we've had a nice rally here. Now treasury notes move about one half the volatility of the treasury bonds. This has gained well over $1,000 folks. So I think we're still going to go higher, but if you wanted to take profits here, you know, you certainly could. My position is, I think because of this big down move, we're going to get a rally somewhere up around 130. So I'm assuming that we're going to get there. So I'm going to keep the stop and break even. I'm in a free trade, just like I was short crude oil. I got knocked out of that one, went higher and people ask me, why don't you reverse when you don't, I'm just not a very good reversal trader folks. And part, I mean, I worked with Mark Douglas here every day for four years. I mean, seven days a week. I mean, because we like this stuff quite a bit. And anyway, the hardest thing Mark had to drew was to try to get me to reverse. He kept a record of every time that I got stopped out of something that it continued to go higher, not maybe crazy higher, but at least it went higher about nine times out of 10. And I looked at that and I said, yeah, but Mark, I only trade the 10th time. And he finally laughed and he said, look, he said, you just don't like the bright breakouts. He said, don't worry about them. And I said, you know, Mark, I quit worrying about them a long time ago, but I do watch them like I'm watching in the Euro because that was six weeks there in a very, very tight range. It's a lot of accumulation to distribution. And the winners are now the people that are long to Euro, short to dollar. So that's now, if this thing's what happened to reverse and go back the other way, that's a totally different ball game. But you're banking on something that may or may not happen, wait to see if it happens. And then you have something to put your head on or wrap your trading system around it. So I think that's something that you really need to figure out what you're trying to do. I wanted to bring to your attention the one thing in the oil market. I have to do the old one because I can't get the chart small enough to put it in here. But this is where the real key lied yesterday in the Crude Oil complex, folks. Because you'll notice here that we were setting right at the 78% level here in the heating oil. And yesterday, the Crude Oil hadn't taken it out yet. But once this high was made, that's when the whole oil market turned. Now we're approaching the 260 level, which would be possibly a double top, maybe not. We don't know, we have to wait to get there. But once we popped through here, the last I saw, we were trading at 257. So that told you that that market was going to go higher. There's a perfect example. If you like to buy breakouts when these patterns fail, that's a good thing to do. I have people that only trade failed guardleys. I mean, that's what they like to do. In other words, if the market says it's a guardly sell, here, well, perfect example would be the Dow Jones today. If we went above that 36,300, whatever the high today was in that, he would do that, you add 100 points to that. He would be a buyer of that. And then putting our stop under the previous day is low and he's buying a breakout to the upside. Now that's okay if you tread that way, but I like to get to the patterns where I can see them really clearly. And I know if they're going to work, yeah, they're going to work. And if they're going to fail, yeah, they're going to fail, but I'm going to go right away. If I start doing breakouts, which I'm not planning on doing that. But if I do, I know where to put the stop. But if you buy the breakout, you got to put your stop under the previous days low, if you're buying a breakout to the upside, and under the previous, above the previous days high, if you're selling a breakout to the downside. That's really all you have to do. I'm going to incorporate some of that in the next day trading system that we, or day trading program we have sometime in March. But that's down the road a little bit. So those are a few things. We've got Rich Anderson coming up here at the break in just a few minutes, but I wanted to go over with you one other thing that I think is pretty important. And that's this longer-term picture here. If I can get it up here on this dollar index, you'll see here, because we are breaking down big time here from the, this is a weekly. Now you see the weekly dollar index has been down since 2020. We had this nice counter-trend rally. Do you realize what that profit objective would be on that if that's a legitimate AB and that's the C leg right there? We've got all Mr. O'Brien should come back here because back in what, 2011, he coined the King, the coined King dollar at 72. Well, we'd be setting it about 78 if that ABCD patterns happened. And folks, if that's the case, there's going to be a lot of things changing in the United States as far as inflation and other things that are going on. Because you're going to see some big moves in some of these things. If this dollar weakens this much, you're going to see, you know, even a monster move in gold. But today, I believe that we've made, we're into some good resistance areas right here, but that's what we're trying to pay attention to here, here this morning anyway. Right now, the markets are, the euro's still popping up there. We, above the 140, 240, I just saw the TV just a few minutes ago. So that's another one that we're paying close attention to. The big one, of course, is that we have this, these big guardleys and fib numbers and stuff in the, we've broken over 200 handles in the NASDAQ so far. Still a little early, but that's neither here nor there from the 61% retracement. Bonds are still getting up to that 156. That's been two points of a profit if you did that. But we suggested doing the bonds and the recent, the treasury notes and the reason why the margin was lot less and the volatility was much easier. Your risk is only $200. And the bonds, it was $600. So we bought the notes and they returned about to be okay. All right, let's get back to the commercial. We'll be back with Richard Anderson in just a few moments. 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 creditor 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' 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. 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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. Okay, we're back folks and we have Rich Anderson on the line here. My good old compadre from about 50 years ago. Hard to believe it's been that long, Bubba. I know, I know, it's a long time. 48 years, 48 years to be exact. Rich, we've got a big grain report today. You wanna tell the folks what it is and then have another question here about some of these other reports that come out. So tell us what we're looking at for the grain report today. Right, well, basically they up, this is the final that the government, the US government does for their production of the corn and beans. It also looks that we have the stocks report today that tells us how much we've used in the last September through quarter, which is September, October, November and how much we have left. The bottom line is, I don't, there have been curve balls in this report before and there can easily be one today. And then on top of that, the big thing is, the big news which I mentioned to you last time I was on the show is the weather in South America. Yeah. So that we'll trade these numbers and people dispute them and all that. The bottom line is that the market closed higher, they were bullish and if they marked closed lower, you know, I trade technically, but I don't try to have positions on in front of major reports like this and this is definitely a major report because there can be a surprise. Unless you've got options as you, as you're stopped because a stop, stop can get run. There's just a vacuum, there's no orders and with electronic markets, the way it works, you know, you can get filled at a price much less than you expected or not filled at all because the exchanges have said that, you know, it has to be filled with an X amount or they just don't fill their orders. So nowadays if you're gonna trade these reports, I think you need some kind of option strategy as you're about stop protection in my opinion, but the bottom line is this is an important report today and we're gonna be trading the stocks, the wheat corner beans, but then we're also looking at South American crop conditions and the, I mean, take the rivers in Argentina are low right now. Well, when the rivers are low, you can only load your barges so much because it'll draft more than the river is. So I mean, transportation could become a problem down there. Now we're expecting rain starting on Saturday, it'll move north into Brazil on Tuesday, but then after that, the European model says we'll continue to get rains and the American model says we won't. So it's all about is this the start of a pattern shift in the weather and South America. So that's why you trade technically in my opinion, you know, the charts will tell you what's gonna happen. And they change these reports too. You know, your next month they say, oh, we were off by about 3% or 5% or even more. I mean, that's amazing what they do do. I posted a chart here, March soybeans, and we had that beautiful head and shoulders pattern down there in early, late November, early December, and we've had a huge move up. We're almost to where we were way back in June. And so that's a move of well over $3 a bushel. That is really good. Now the question that someone's asked was here from Nebraska, that is with the price of fertilizer and the nitrogen supplements and stuff being so high, these farmers, they're gonna be getting squeezed pretty heavily on some of these costs for production, aren't they? Yes, as I mentioned last time I was on the show that their fertilizer costs are as high as they were back when corn was $8 a bushel. And of course, corn's good price at say $6 a bushel, but you know, with fertilizer up as much as it is, you know, they really need $8. So the bottom line is you're gonna try and prevent, try and work around that by planting less corn and more beans, but it depends on the weather, and prices of fertilizer are not any cheaper in Europe. In Europe, they're much more expensive because they've got that natural gas problem with Russia holding a big hammer over whether or not they turn off the pipelines and any cold weather, you know, that pops up natural gas. So we have some definite issues. The key thing to be watching, now this is for late March, early April, as we come into planting in corn, the best and most profitable cop for say the Dakotas might be prevent plant corn, where depending on what they'll set the insurance prices in February, right? And then let's say you can't get it planted because it's too wet. Well, you'll get a very nice check and you won't have that fertilizer cost, but you can't plan like that because you've got to book that fertilizer now or back in December. So anyway, it's going to make for a very interesting year that the corn number today, the crop conditions is, which is the weekly crop conditions that you'll watch. You know, the government's got the corn yield and about five bushels an acre higher than 2017, 2018. And yet crop conditions were less than that. So there's room for the reports to hold surprises and this is one of the bigger ones. This is one of the bigger ones, that's for sure. You know, I posted a chart of the soybean meal and we've had a tremendous move over $150 a ton. And yet when you go in to buy eggs in the market, they're about the same price as they were last year. I mean, when is this price of protein going to be factored into some of these prices? I mean, I know it's done a little bit in cattle quite a bit, but not in hogs. And you know, if you look at the price of milk, we bought milk for 88 cents a half gallon here yesterday. I mean, you'd think milk would be well over 250 gallon the way they're talking about inflation. Well, there are places where milk is, you know, $4 a gallon or more, you know, which we kind of defend that could be a lost leader that that grocery store is using to get people in. That by the way, in hogs, India finally signed a deal where they're going to allow import a pork from the United States. So that's a big deal. And that's another market for us. The deep price of the state relatively strong because they're having trouble getting workers into the packing plants and so they're not processed and end up beat. I talked, well, I talked to an old friend of yours yesterday and she'd bought two steaks and cost her 50 bucks, you know. Well, your friends are different than my friends, Rich, you're the only rich friend I got. Ground beef is pretty good. Yeah. No. Hey, listen, I have a question here about the US dollar. I mean, here it's getting trashed now. Now with the dollar dropping, that's gonna be good for our business as far as selling stuff abroad because people can buy it cheaper, correct? Right. And I just took a look at the dollar chart before I called you. And I could see, you know, the dollar going back down to 90, 91, which would be called a 5% correction. And that would make our grain prices if I'm a Chinese buyer or a European buyer, 5% cheaper. You know, so that helps. Last time I was on the show, I mentioned how the tariff rates on the spot car market for rail had an $1,800 premium, which amounted to about 40 to 50 cents, a bushel extra cost. So, you know, that's kind of gone away, but that kind of tariff problem and the barge rates in Argentina could develop in the next two months if they don't get the rain in the water levels, don't get up. So there's lots of moving balls all the time. You gotta be watching them all. And frankly, you can't. So you look at the charts and that tells you what's going on. Hey, can you stay with us? I have two more questions about those reports. We'll be right back folks with Rich Anderson, Anderson Capital Management. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at tfnn.com. That's 727-329-8322. 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. 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A little bit older than that, but. Okay, well, whatever it was. That was a long time ago. This fellow, folks, he reads and has more sources of information than any one person that I know in this business. He's my go-to guy, especially when it's related to anything that is made with metal. People eat it or they use it in energy, just about everything. But how many different services do you subscribe to? I know you get them free because you're. Well, I was going to mention I don't really subscribe to anything. They ask you because you have your good feedback from them, but how many, it was about 20 or 30, 40, how many are there, Rich? Because I know you send me five or six a day and how many different ones are there? And the reason I'm saying this, the gentleman asked about, how do I know which of these grain reports are important? Is there a service that they can go to that says, hey, there's a big report, not just Rich Ann or someone, say there's a grain report today. You want to be careful or something like that. Is there something like that? I think they have to have the board of trade and stuff like that. All the brokerage firms have their own analysts. For example, Arge O'Brien has their own analysts. Rich Veltas, I highly respect him. Yeah. ADM has their own analysts. Yeah. I highly respect them, Stonex. Yeah. You know, there's every firm, all the big firms like Morgan Stanley and Citi and Merrill Lynch, they used to have their own analysts and they've all gone away. But there's probably 15 or 20 different guys out there and then you've got the private ones like Hightower and Egg Resources. But the charts tell you what's going to happen. What I, the way I trade fundamentals is I'm looking for analog gears. I'm looking for years that are similar. You know, did we get the corn in, you know, like the acreage reports? Yeah, they're big, but the weekly things, I'm watching, you know, when did we get the corn planet? Are we looking better or worse than a year ago? I mean, if you take, but then it's not just the USDA's numbers here in the United States, you also got to be watching the, CONAB down in Brazil. You got to be watching their stuff and then you've got to try and figure out what the actual numbers are in China, which of course they don't, you know, they don't give you a look at their hand, shall we say? In Russia, it's a little better than China and in Europe. So I'm looking for analog gears. When do we get the stuff planted? What's the good, the excellence and that's how we get an estimate of what we think the yields are and is the USDA overstating the yields or not overstating the yields? Like I feel they're probably overstating the yields from last year's crop. We'll see if they make any adjustments today. They don't have to make them today. They can make them in a couple of reports from now. They can make them in June and that's what makes social hard. So right now we've got weather in South America. That's a big game changer if the pattern shift were to occur. You know, we know we're going to get rain. How much do we get and are there rains that follow that? That we can make that a total pattern shift in the weather model down there. But I'm looking for the analog gears. The Wadsey report today is big. Crop production report today is big. The stocks, you know, that's, as stocks as a percent of usage is one of the numbers. I like to look at years when the stocks to usage numbers are similar. And then you look at the crop, you know, weekly crop numbers, the good, the excellent and the poor. And if you look at South America, their crop conditions in the last three weeks have dropped like a rock. And that's what's got people very concerned. And then we talked quickly about how the acreage numbers that are going to come out, they're going to make a difference this year in March. That's, and it's going to have to do with weather. It's going to have to do with the insurance prices, which is the average price of the corn and beans in February for the new crop, November beans and these corn. And the best game in town, maybe prevent plant. If you've got an, you can't just say, I want to prevent plant. You got to have actually, it was too wet to get it in, et cetera. But in any case, that would save you a whole bunch of money. I realize there, so that's how I do it. And analog gears. I want to thank you for something. I just recorded this section that we just did in these last few minutes and it's folks, this is the, if you want a reason why I'm just a technician, this is it. Because there's so much out there that the only thing I'm worried about is that one thing, just like Curly and City Slickers, just that one thing. And that one thing I look at is that bar chart. If prices are going up, there's more buyers. If prices are going down, there's more sellers. If the news is really bullish and prices don't go up, it can only go one way and that's down. If the news is really bearish and prices don't go down, the only way it can go is back up. So that's all I'm looking at. Thank you, sir. I appreciate it very much. And the best thing is when it's really bearish. I mean, if you look at the big crop report last year, we came out with a really bearish big crop report and Mark went straight up after that. So when it comes out real bullish and it goes down or it comes out real bearish and it goes up, that's the key change, you look for that. That's right. That's what you want to watch. It changes sentiment when people are not telling you about it, that's the key to watching it. Listen, my friend, we'll have you on again in a few weeks, but thanks for joining us, Rich. I know your time is really valuable. So may God bless and stay safe, okay? All right, let's have a healthy New Year. Yes, sir, Rich Anderson, folks. Anyway, let's go here and take a look at a few of these charts that I posted. I showed you the price of meal, folks. This means that price of eggs and some of this other stuff should start going higher, but it's not, that might be regional, but my golly, if I had to do anything, I would go into this report short, but believe me, I wouldn't do anything here because it's a major report and their illiquidity comes into the market just as that report comes out. Just like if you remember in trading places when no Clarence Beaks gave the old orange report, remember? There was no buying or there was no selling. Everybody was on one side of the market and that's when you get these monster moves. And remember, when these things explode, look, just give you an example, folks. Look at natural gas that we talked about this morning when it was breaking out and was trading at 240. It's now at 270, folks. We're at the 61% retracement of this move that we had from way back in December. Wow, I mean, this is where you, when these things take off, boy, they run like rockets. Plus you've got the algorithmic traders in there that are bouncing around, swinging big sticks. I mean, you got to be very, very careful. Now, besides a few of these others I want to look at, let's take a look here at this oil. If you remember, we had Mr. Z on the line last week and he was in this oil and all we were watching was this 59 cent level here. I was actually around 58 cents. I said, I would be a little nervous at 58 but we did get up to the 78% level of the high that we made in November and was also a 61% retracement from high. So that's a perfect 135, okay? But here you've got a major report coming out. I mean, sure you can put a stop in here but it might get filled at 6120 or something. You know, these things can go really nuts if the things are really crazy, you know? So that's why I'm saying you got to wait till the report is over. It's going to give you plenty of chances to get in for God's sakes. Look at that major bottom that we made down there in soybean oil. If you missed it, you wait four days, you get a perfect 61% retracement and by the boom, you still take a lot out of it. So that's what I'm paying attention to right now. We'll report on this report tomorrow for sure on tomorrow show which will feature none other than the master himself. He calls it to the minute. Winsky will be on tomorrow with his show and we'll all like to hear that. We haven't had Norman on for quite a while. So he's going to be, I'm sure he'll be in rare form just like he always, he's always in rare form. Maybe he'll be a tiny bit rare form like he always is but he always has some good things to look at. So let's keep in mind, we'll be right back folks. 877-927-6648. Sharpening your skills as an investor is like getting better at playing a musical instrument. 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And I would like to mention, I posted a chart in here of the Dow Jones on the way down, but I want you to notice that that line that's there at the 382 line that was previously there, that happened to be today's high exactly in the Dow E-mini, and that was the 61% retracement from the high to the low. So whether that means much or not, I don't know, I just wanted to bring that to your attention. Now, the next one that's important, we talked about earlier in the show, and I just saw my alert go off that we just made new contract high of the March heating oil. We just took out those highs from October. Well, we took out the highs from October. So that is a, it's a bullish sign here. We've had a heck of a run in this thing. And we were not, we were the only thing, we were slightly involved. We had a tremendous move on the upside and the crude oil, but we broke even on the downside correction. So that's pretty much, you know, the patterns that we're watching here for today. Like I mentioned tomorrow, we will have Norman who calls it to the minute, Witzke will be our guest. And I know he'll have some good things of what he's doing. You know, he has a several different YouTube channels that he's on that's, you can always reach him through that area too. But we're going to try to have him on every two weeks like we've had in the past to give him some other things. The main thing today folks is if we close up about 300 points in the Dow and up about 40 or 50 in the S&P and up about 200 in the NASDAQ, beware because this thing can really go. That's why if you're in the trade with the Dow Jones that we posted, put your stop and break even and go do some marketing, go for a foot massage or go for lunch, do something other than looking at the market because watching that market is not going to help you one bit. It's your mortal enemy. So pay a close attention to that for sure. That's the main thing. Well, we're coming up here to we've got the end. We had too many callers calling in today folks. We were not able to answer all the calls, but with a little bit of luck tomorrow, maybe we'll be able to have Mr. Winsky on and he'll have some callers asking us some things. I don't have some great information he always does. So live every day in an attitude of gratitude and may God bless and please do something for your neighbors out there folks or people who still hurt and they tell you everything's great, but it ain't that way everywhere. We'll see you on the flip side tomorrow. May God bless. Billy Ray Valentine, Capricorn.