 The following is a presentation of TFNN. The TFNN Bull Bear Training Hour. Every training day, live at 10 a.m. Eastern. Call now. Toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Training Hour. Now, Tom Antt, Tommy O'Brien. Welcome, folks. Appreciate you growin' and growin' with us out here. We have the now industries up to $37. Nasdaq's up $88. S&P's are up $24. Gold contract up $35 bucks at $13.84 an ounce. We get Silver up $0.39, $15.35 an ounce. Bottom line, months to bid inside the metals market, as well as oil. That was the one thing I didn't get to in the update, just because we have so much going on, as in the oil action, right? The American drone being shot down over the Strait of Hormuz, and then you got oil, excuse me, gold and metals, let alone the S&P men. Totally. Oil up $222, trade in $55.98. Notes and bonds. Bottom line, folks. Ten-year note up $66, $128.01. Thirty-year up $5 at $155.18. The ten-year broke, too. $1.7 is comin' at us, folks. We're sittin' right at that 2%. Not bad. King dollar. King dollar down $387. Ticks trade in $96.195. The euro is at $112. The yen is at $107.07. And the pound is at $126.84. It's St. Patrick's Day, so we might as well get over to our man, Mr. Kevin Hicks, a TD Ameritrade. We're here across the board, man. We're here across the board, man. That's right. And listen, folks, every trading day right here, you wanna understand option, option strategies, futures. Great program, 11 to 12, Eastern Standard Time. Test-driven yet the Thinkorswim platform. Great time to do it. As you're at our website, just hit the button. Bring it up. Delighted a trade with paper money. You can follow Kevin on his team every trading day. Kevin Hicks, what's goin' on? Good morning, Tom. Good morning, Tommy. You know, this is an interesting day because this market, what the action you're gettin' today shows that Jerome Powell navigated this, you know, this Fed meeting pretty effectively, right? The question that we were asking before we came out is, how do you lower rates without scaring the market? Right. And he was able to basically, you know, no one, a lot of people, you know, me included, didn't think they were gonna lower rates, but we thought he would guide towards July, looks like he's kind of done that, that being said, he's got another whole month and a half of data to look at to make his case. So I thought it was, you know, really well done and the market's giving him a big thumbs up today. You know what's crazy is that just, I think most of us, it's hard to even understand it. I mean, I was looking for bonds to go lower, you know, just because it looks, you know, the whole world. I mean, but it's like still pretty strange, man, that we get a good economy and they're gonna lower rates dramatically. Right. You know, it's like, it is what it is. I'm sitting there saying, okay, so what does that mean? What is, like, where is the real value here? Because there's no doubt. We already have what the smarning, Bloomberg said the smarning, the number of the smarning in negative debt in the bond market was 12.7 trillion. So it's like, okay, you know, where's that money gonna go? You know, that's pretty cool, man. Right. I mean, it's pretty wild watching something shake out. I have to ask you a question. I have to throw this interview back at you and say, what's going on with gold? Yeah, we get action. 2.7%. I mean, that is amazing. You know, now you can say that it's, you know, the effect of the lower dollar, which greatly affects gold, as you know, but it's a bigger move than a lot of people thought it would be. It is. And you know, well, technically it's, you got an ABC up to 14.01. I think what you have, and this is where my head's going, Kevin, is that even, you know, driving back and forth to work, I seem to think you can think, you know, we all do mental calisthenics, right? And so I'm saying to myself, okay, if there's a negative 12.7 trillion, the argument of never owning gold was always that, hey, gold doesn't pay interest. Well, guess what? What's happening now is that to hold cash, you're going negative. It's like, so, okay, well, that doesn't, you know, if that's the case, well, you know what, the gold market and silver market, the metals market in general is so tiny that all it takes is a few money managers to say, okay, man, I'm getting into gold. It's not, you know, it's not like a big equity market. You know what I mean? And you know, you've seen this run before. Now this is the, this is, there's no doubt what Kevin's saying to folks. This is, this brings you back almost like 20 years. You know, if gold starts moving at two and three and 4% a day, which I've seen it, I've seen it go 50 dollars up when gold was trading only at $5.50 and $8.50. That's like insane compared to, you know, but guess what? If that's what's going to happen, you're going to see some months to moves here. And that's without the dollar, you know, getting croaked. Right. As a future trader, I always go right to, you know, the term structure of the contract and the June contract, which is now no longer the active and it's 21 days into deliveries, you know, because you think maybe they're squeezed in the front month or something like that. But no, all the, all the spreads look like they're holding here with very little movement between each month. So with August right now being the active month, no, that is not the case. So these months are up across the board pretty significantly here. You know, it's just a strong day. Right. It's just a good, strong day. Right. I mean, you know, the term structure on the monthly contract is holding. So, you know, you got to look at some other place for your reason why gold is so strong. No, listen, well, like if we go to Home Depot, Home Depot is up $3.30 at 211, right? And, you know, what happens is that, you know, if we're going down on rates, well, guess what, hard assets should be worth more money. Right. I mean, that's the fundamental look, right? You know, what's intriguing here, of course, is that the S&P is going to go, you know, is breaking highs and wants to go higher. Everything wants to go higher. I mean, it's St. Patrick's Day, man. You know, what are we going to do? It's a beautiful. I see the dollar, I see the VIX, and I see the 10-year yield. The only thing on my board that's what? That's on our screen is the exact same thing. You know what I mean? Pretty amazing. You know, the banks, you know, the banks should, and some of them are, I see JPMorgan's down here, I see Wells Fargo's down a little bit, but Goldman's up, city group's up. So the banks are even staying mixed to strong in this lower yield environment. So, you know, this is just, I really think this is a market that is poised to go to another level, right? If they can keep, because, because why they're lowering rates is because inflation isn't picking up, right? So, I mean, but this is still, this is still a market that we've never really witnessed before. So, trade it carefully. Yeah, oh, I'm telling you, man. You know what the good news is, is that we're not too euphoric, all of us right now. Because the euphoric, if everyone gets way too euphoric, that's when there's always a problem. Do you know what I mean? I think people are still leering out. Time has taught us not, never to get too euphoric. Totally, totally, you know. Pretty amazing. There's no doubt about it. Listen, folks, every trading day right here, 11 to 12, Eastern Standard Time, great program. If you haven't checked out the TD Ameritrade Thinkorswim platform, really easy to do. Go to our website, hit that banner, bring it up. It's going to be an exciting program today. No doubt, as it is every day. We're not on the market, maybe. With some lower rates, we're going to talk about some home builders today. Yeah, it's there, man. It's there. Right. We're just going down a half a percent in the 30 years, six months, you know, 30 a mortgage. Kevin, you have a great weekend, a safe weekend. We look forward to speaking the next Tuesday and of course we look forward to showing 45 minutes. Thanks for having me on, guys. Talk soon. Thanks, Kevin. Have a great one, man. Stay right there. Tommy and I are coming right back, folks. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? 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You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tiger's Den are on the front page of TFNN.com. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Call now. Toll free. At 1-877-927-6648. Internationally. At 727-873-7618. That was up at 218-683. S&Ps are up 23, and we have... We sure do. Pull it up. So it's Thursday. We're going to get the EIA inventory numbers in about 11 minutes from right now, 10.30 a.m. Eastern time. We're looking at the July natural gas contract. We got it up here. And natural gas trading just at about 2.30, 2.29, 8. We're going to jump in and see, and as we say that, climb it above 2.30. We'll start it off with the 11 a.m. spread. So what's nice is these line up exactly at 2.30. You're paying no intrinsic value. We're looking for bullish and bearish, right? We're going to buy a bullish spread. We're going to sell a bearish spread. So here's our... Very attitude. Yeah, so we're only going to be paying premium, no intrinsic value, which makes these sometimes as affordable as they get, at least. So for the 11 a.m. cost you about 11 bucks to the upside, and that's because you literally have almost a tick to the upside in value, 10 bucks to the downside, 21 bucks, 2.1 pennies, away from 2.30. You got until 11 a.m., not a bad trade. Let's see where they line up for the noons. Jump into the noon exposures. Expiration, excuse me. Same exact price points, which is nice. And check this out. There's your difference. So as in, if you wanted to buy the bullish one until 11 a.m., you're paying 11 cents. 1.1 pennies, $11. And you're paying $13 for the noon. So two extra bucks for the bullish side. It's going to be a very similar two extra bucks on the bearish side, I assume. There it is. So you're looking at 25. What happened? You said to... There we go. So 25. $25 for the noon. And let's see if we're fortunate enough where some of these dailies might line up with 2.30 as a price point as well. Okay, those do. Let's look for even the bigger ones. Perfect. So these are the full dailies. We're going to get 50 cents of possible exposure. Now we're paying 18 for the bullish one instead of 13. And we're probably going to be paying a pretty similar 18 on the bearish since we're sitting right at the price point. And sure enough, we are. 36. So 21, 25, 36. 3.6. The difference with the 30... 2.1 to 3.6. Right. And the difference with the 36 is that not only do you get until 2.30, but if you happen on the rare occurrence get more than 20 cents of value, you have profit potential all the way up to 280 as opposed to you got 250 on the 11th and the 12th. It's a monster, man. And I mean, you're only paying for that 11 and 12 between 2.1 to 2.5 pennies. And we just traded three pennies in the last hour. Right. And that's not a bad volatility premium. We're on the July contract. Yes. So MG, let's see... There we go. Right there. Okay. So let's see. Yeah. Right at that 2.30 price point, even though this one's going to be a little delayed, but yep. This is interesting that it saved itself. Look at this. It broke lower and then saved itself. Okay. So let me see. That's... No, I know. 178,000... 174. Oh, this is so interesting, man. Because it's all... What happened here, folks, is that when it broke the lows yesterday, 174,000 contracts versus 178, so it's almost like an ABC down. ABC down. Let me just look at this. 260... Is that... 264... That's 34 cents, man. That brings it to... 207. 207. And we hit... Okay. So doing it that way, it says it's going to go lower. Okay. So let's look at this. Yeah. And then you got a spike, but it tested it. Interesting. So it looks to me like longer term, we're going lower. You know, we'll see how this shakes out today, though. Yeah, I think I'd be bearish on that, too. Yeah. Let's see if we got... What do we got? What do we got? So the whisper number, here's our number, right? Okay. We got two minutes and 40 seconds to guess it. They got guesses in by five minutes ahead. Okay. It's what I... They got a build of 106 BCF, right? Yeah, probably. Okay. Okay. Put something in. We got to put it in. Well, let's see. It's bearish, right? Yeah. Why not look for more supply than the market thinks, right? Right. Right. Let's go for 175. Okay. Good. We'll look for an extra build. All right. Hopefully that sense price is even lower. We'll see what happens, man. Let's just check back. Sitting right at that 230 price point. And always nice when you want just a stray volatility trade when these line up with that type of price point. Yeah. You get both sides. Yeah. And we always talk about both sides, but that's actually a great position if you might just be bullish, too. I know. Because then you're only paying the one penny. Yes. You're getting in at 231 if you want to be bullish. Right. You can get in at 229 if you want to be bearish. And you're capped with a penny loss. It's huge. If the thing happens to run. All right. Yeah. Some of the higher volume equities out here. Oracle. Oracle, come out with numbers last night. It's up 440 trading 5701. You have micro and tech up 57. Let's see. Facebook up a buck 30. Not a huge amount out there, meaning percentage wise. Yeah. Inside the Dow industrials, strength versus the weakness out here. It's kind of just everything, right? Yeah, it is. It is. You get Boeing putting 21 positive points, Home Depot 18. Well, yeah, let's go look at Home Depot because the interest rate structure, this is going to be a big deal. The thing that is wild, folks, and this is the hot thing to get your head wrapped around is that the interest rates are already low. They're going lower. So specifically, you know, Powell got a question asked to him yesterday at the conference saying that if you say you're going to go down, why don't you go down now because you could actually, people that are thinking of buying cars or anything else would say, well, I'm going to wait until the short term rate goes down again. Yep. Now that's one way of looking at it. The other way of looking at it is that, and that's, I'd say that's the correct view. The other way of looking at it, and that's why you get the Home Depot and Kevin's going to be looking at the builders, is that guess what, folks? Is that the, when you're buying property in general, it's just signature. Yeah, I mean, yeah, there's plenty of cash deals, but it's really a signature in the big, You're taking it alone, right? You're taking it alone. So in the bigger context, just think of something that if you were paying, and we'll get these numbers for you after a break, but if you're paying $300,000, you'd get a $300,000 loan six months ago, right? You would have been paying from .5, well, four-tenths to five-tenths less today. So that means that there's that many more people that can qualify for that property you're selling. Sure. So that'll get divvied up between the property going up and the rate going down. Why wouldn't they still wait though? I thought the point was that you were talking, you started it up with... They wouldn't wait in property because, if they should know that, that as the rate keeps going down, the hard asset's going to keep going up, just as gold's going up. I'm not sure that the residential buyer is that astute to play the market as opposed to knowing that they want to buy a $250,000 house. They don't want to buy that house that's $250,000, that's then going to be $275,000. Most people say, I want to buy a $250,000 house. I understand that. So they don't care if the price goes up, that price is then out of their place range, but no matter what, they get more house for that. I get that, and that's why so many people never can get in the housing market because they're not understanding how that correlation is. So just going one step further, so if you agree that they don't understand that, then they are going to wait. They are going to wait. Some people are going to wait, but there's always more... There's not always. Right now there's much more demand than there is supply of houses. That's my point. So there's people that will go for it because they can go for it and they've been waiting for it. We get different views on it. It doesn't even drive with what you just said. That people don't understand it because if they don't understand it, they're going to wait. It's not the whole people don't understand it. There's plenty of people that do understand it. That will rush right now. Just like people buy a Home Depot. They know that, guess what? There's going to be more money spent on housing because the housing's going to be worth more money. Stay right there, folks. Tommy and I are going to be coming right back and we will have those gas numbers for you. We have the Dow Industries right now trading up $215, Nasdaq's up $75, S&P's up $22, Gold's hanging tough, up $36, Silver's up $0.37, Kingdoll's down $402. Come right back. What stops and price targets included for every trade in my newsletter? If you'd like to try my newsletter risk-free for 30 days, then head over to the front page of TFNN and you'll find market insights under Trading Newsletters. I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information they need to know for the day ahead. I even issue afternoon updates for my subscribers whenever warranted with important market action. I'm always scouring the market for the next great trading opportunity. Join up for your 30-day free trial to my daily newsletter and market insights today by visiting the front page of TFNN.com. Well, go get them, folks. The path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas, then now's a perfect time for a 30-day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter using a combination of equity trades along with options. David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. Don't miss out on this great chance to get a 30-day free trial to David's daily newsletter, the path of least resistance, with no obligation to pay anything. David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning, then visit the front page of TFNN and you'll find the path of least resistance under Trading Newsletters. For all the details and to start your 30-day free trial today, log on to TFNN.com now. TFNN is excited about our new software charting program, the Art of Timing the Trade Chart. 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 Chart allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now we're offering licenses available at only $79 a month. We are so confident that you're 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 Chart today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Folks, natural gas. We got the number. It's a rise. It beat the estimates. Not quite as high as we went. 115 billion cubic feet. Estimate had been between about 104, 106 on the Bloomberg survey. Jumping back to that chart. We should get a drop. And quite a drop, man. Five pennies in a heartbeat. And we're already under 225, man. Quite a trade. If you had made one of those, I would probably be taking that money off the table right now. No doubt. You get it that quick. But for natural gas, that is a monster drop, folks. Especially because it wasn't even that big of a beat. It was like 105. There's 10 extra BCFs. It's a build, and it's a bigger build than they even thought. And now we're under 224. This is the noon. That one's going to cost you 25 bucks, which is about 2.5 pennies. So on the chart right here, that would have been your break even. You'd be buying back the bearish trade. So there's your 250 down. Excuse me. There's your 230 down to 210. That's your bearish. You're going to be buying that back and locking in 58 bucks for the 25 yet on both sides. And if you ever got exposure back over 230, which I don't imagine happening after that move, but you would have that open until 12 o'clock, man. As Mr. Dave White saying in the den, we are awash in a sea of natural gas. No, no. Because now what that's going to do more than likely is you're going to get volume behind this. And so I just want to see what that price projection is on that ABC. A quick five pennies. Boom, right off the top. This is the delay. We had already done it. That's right. Okay. So we already said it was, well, that's 64, 30. Yeah. So it's 34 cents, which is... 207. Oh my God. 207. What's the low of that recent low in June? Nope. Nope. The swing point low back. Yep. So about 230 where we're sitting at right there. 2.305. And so when this chart updates, I mean we're sitting at... 224. Yeah. And what was the low yesterday out of curiosity? 226. Yeah. So you get serious business, man. So let's just look at this. Before you even jump, because I just wanted to see how quick it moves. Okay. It's sitting right there. Sometimes, man, you give it 30 seconds. Oh, there's no doubt. And it goes the other way. Yeah. So I'm going to put this on a continuous chart to see what we have up here, let's say. Really amazing when you look at that opportunity, if you had ever... And people were trying to short it on those spikes when it listed five, but... So watch this, folks. That's the low of 2016. The high of the low is 202. So we said 204, right? Yeah. So it's going to dig into that barrel. Let me just see what's... I think we said 207. Okay. So 34 was the B to C. I'm going to do this 20 years. Oh, my God. This is... Yeah, we're... It's going to all-time... Not all-time lows, but... Yeah, I mean, we're right down that level. Let's just see. So, you know, 161 was the low there. We're looking at 190 is the low there. We're looking at 240 is the low there. So lower lows, 240, 190, 160. What if that trend continues, right? I mean, we have the higher high. That's the lower high. Lower high. Oh, yeah. Lower high. Lower low, lower low, lower low. Yeah. Lower low. You know, if you go lower low. No, there's no. That is... And that's going back to 2005. We've been on a down trend since 2005. And you can see how it trended from 2000 in terms of... Yeah. Yeah. Lower low, lower low, lower low. Pretty amazing, right? Yeah. It really is. It's like... Wow. That is something else, folks. And one more question. Guess what? The more oil that we pump out of the premium basin and the fracking, the more gas there is. And now what has happened is that they... I don't know the exact date, but we're talking about the next year, the pipelines, they've put in pipelines for gas coming out of the basin. Okay. And that's going to just basically get more supply and get the supply to all of us that can use it. That's not... I was just going to say it's not stopping, man. Right. I mean, 22. We're down about eight pennies now on that news. And I know President Trump had tweeted that Iran made a big mistake. And let's see if that oil... Did it get a big reaction? I mean... Yeah. Well, the S&P did. The S&P sold off a bit there. Okay. Yeah. I'm sure. And you saw oil get a little bit of a price action. I think that was the bar right there where we saw it go from about 518. So we're up almost 50 cents since 10.15 this morning. Yeah. Which we only talked about 20 minutes ago when the tweet did come out. So let me look at the S&P for a second. Sure. So you got... This sold down pretty quick. People... I'm blaming them. They don't want to be in the middle of a freaking war. Another war. So... We'll see how this... We just came down from what? 29 and 63. Oh, that's only 10 points. Yeah. The high was 29, 64, 50, really, even before then. Yeah. But it really is. And in the span of... We're at all-time highs. Man, guess what? Give it a benefit of the doubt is a little breathing room. And it's... Which before we declare... You got to confirm ABC up in the queues as well as the spies. My take is that we're going to do it, you know? Because this... I think everyone's still trying to figure out like... Rates are going down. There's definitely going to be a camp that does the Fed know something that we don't know. Sure. You know what I mean? It's like, okay. That's what a lot of people are trying to understand. They are. They really are. You know what I mean? We totally get it in the context of the world, you know, that the rates... Our rates are so much higher than, you know, the rates in general right now. Sure. You know, so I get that. Yeah. I'm just trying to figure out, you know, is this going to go on forever? So, because... Watch. The next leg for the 10-year looks to me like 1.71. And that's going to be where we broke topside the week of the election in 2016. Okay. Now, if we break that, it's 1.38 is the all-time low inside the 10-year. Okay. And, yeah, right there, that big bar. That's... You see the... That's the low. Yes. That's just going back. Right? So, it's actually 1.318. 1.318, okay. 1.318. And I'm figuring that first it's going to go to this bar strength. And that's the November. Okay. Now, the higher that is, 215, which is remarkable. I know. And the lowest one is something like... That's my point. We've dug into that bar. So once you dig into the bar, it probably is pretty good. You're going to go to the bottom of it. Sure. And it's like, okay, if that's the case, then how is this going to work? Well, we know how it's going to work. You can go negative. But it's like, wow. Yeah. They're going to get some new course books, I think, in these financial schools. Here's the reading material that business schools are going to be changing. It is. Updating. Now, you know, with the Fed coming with their cuts down the line, right? Just something to keep in mind is that the market's going to be factoring those in, right? And we just dropped from 3-2 to 2. We dropped 1.2% from... I know. ...November. Right. So we dropped 1.2% in the span of six months, barely. Some of that is factoring in the rate cuts coming down the line. So it's not like this is going to drop 50 basis points to 1-5 off of that. It's still May, but that may mean that the Fed's coming even more. That... Just to keep in mind that, you know, this is going to be priced in. That's why you just saw. Just like, not to... But, you know, this dropped 15 basis points. That's almost a whole cut. Right. In this week's... That's right. ...ten year. So they're factoring it in. Like, it's going to be in there by the time we get to July 31st. It might already be. Oh, the market is pushing the Fed. Sure. The Fed anomaly... Well, okay. That's not what I said. That's not what I said, though. I just... I didn't say what you just said. Okay. It was pricing it in. Okay. And that can turn and go up. But the market... I didn't say it was just going in. I'm just saying you don't expect the ten year to follow the rate cuts that the Fed is coming because that's priced in. That's all I said. Okay. No, you were just saying different things. You were saying that the Fed is pushing the market? No, no. That the market is pushing the Fed. Okay. The amount of buying that we have in the ten year in the 30 year... You're saying the Fed's following the market. Yeah. And I'm just saying the market is pricing in what the Fed is doing. That's what I'm saying. They're contrasting views. Not to say, right, exactly. Right. Then you come back. They're contrasting views. No? I'm just trying to get it clear for everybody else. No? Do you get it clear? No? No. Okay. Yeah, I'm not sure. You're saying that I'm saying the market is following what the Fed has done and pricing it in. Then I'm saying... You're saying the Fed is being influenced by the market. Right. They're too different. I'm saying the market is pricing in what the Fed is doing. Right. I'm saying the market's way ahead of the Fed. And that's why they have to catch up. Stay right there, folks. I'm going to come right back. Okay. 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The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, four-side fund services, LLC. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV for the latest market information. Two NASACs up 63, SAPs are up 19. Let's go over to our man, Mr. Jack Gleason. Jack Gleason, what's going on brother? What's going on guys? Oh man, it was a late night for me. I was trading, I believe it or not, caught that move in gold in the overnight session. And actually, I was going to trade it up to 1388, but I didn't think it was going to trade, you know, at whatever time that was eight o'clock last night. Yes. And I'm hanging my t-shirts, just got back from vacation. My buddy calls me because he knew I was on the position. He's like, are you looking at gold? I'm like, no. And then I go look at my computer or run to my desk and I just blast it out at like 1394. But I'm back in it again. I'm rooting for you guys. You're bold. We're rooting for you too, man. Go for it. So check it out. Like I got this thing, 1401 something. That's the ABC structure in the way up. And what I'm doing there, Jack, is I'm saying that, you know, on the 14th, we took out that swing on the seventh. And I'm just taking that leg that started down at the 21st. So the 21st to the seventh is one leg. And then I'm just, you know, taking the second leg off the 11th. You know what I mean? So I got you. Yeah. Yeah. Let me see. I could probably, let me, I'll share my screen here and I'll show you guys. So this, this target we completed at 80th. And I think we're going to continue to go see if I can, there's that right button. All right. Then you guys probably see, you guys let me know if you see my screen up here. I'm sure our producer is going to get it up there. Go for it. All right. I'm sharing it now. So, so what we had here, that 1380, I was looking at. So, you know, we had this initial spike low going back that was August 15th. And then the October low to the 2019 high pulled a halfway back in May. And that's been gone in for 1388 for quite some time. So that was completed yesterday in the overnight session. And then this high, this is when we can start going to those extensions that I talked about. The high from the 20th of February to high is what we're going to want to watch going forward. If we can continue to hold above these levels, we're going to just rip straight up. Now, last night on this pullback, there's two levels that the programs will buy. One is the 382, which was 1379.4. Okay. And then the major level that you really don't want to see offers below is going to be at 1373 eight. So those are really the two major levels I'm looking for for this, you know, continuation up. Everybody's talking about the $1,400 level breaking out through. But if we continue to hold this extension, if my first target year at 1407, I'm at 1409. So I'm right there with you. And then, you know, it's finally the breakout. We've all been waiting for it. I think last time was on. We thought we thought I was like, maybe it's coming. Maybe it's coming right, you know, and looks like it is. But then oil too, I think I wasn't on last week, but the week before I did get long that too. But I think we're going to get all the way up to 5728 here today. But that's also been a huge, huge move. Let me go to the S and P. Yeah, it's good. What's going to get interesting here to see is, you know, are we going to, you know, bottom line is the dollar going to pull back and then just have a monster commodity run, you know, in general, you know what I'm saying? You know what you're saying. And you know, I know the only commodities I really trade are oil and gold. That's good. Yeah, I get you there. Right. But I mean, but I mean, if this is how they're going to move, I'm going to trade oil, I'm going to trade gold, I'm going to trade copper, I'm going to throw the indexes out of the way. Yeah. Copper is good, Jack. Copper is really liquid. Copper is a good one. Yeah. It's like oil. I really, I really just feel like this morning actually is my largest overnight gain ever for me personally. Good to see you. Congratulations, man. That's huge. You know, I'm running out a little bit of sleep, but this just really feels like the beginning with everything the Fed's doing the way that like this could be the commodity beginning or maybe the commodity bull run that people have been looking for for like a decade. That's correct. Well, the last, the last run. So picture this, oh my God, you were an infant. No, the last one, the real last run started in 2002 and kind of ran to about 2006, about 2011, actually it got hit and then it went again. But that's right. It's, it's nine years that they've been getting smoked, you know, on the way down. So, you know, we'll see. That's when the dollar did go all the way from 120 down to 78. So in 2002, the dollar was 121, the dollar index. It went down to 78. And that's what, you know, if that's what we had, you're going to, it's, it's one of those correlations that, hey, commodities are priced on dollars. So dollar goes lower. People buy more commodities, you know, countries in general, you know, so. Yeah. And I mean, not to mention, everything going on more on the grain side of things, you know, over here in Illinois, farmers can't plant, it's supposed to rain select the next six days. I'm actually getting sick of it. I'm going to be joining you guys real close real soon. It's just constant. It's been the, it has been the most mild summer so far that I could remember. It's, you know, yesterday it's like 60 degrees the middle of June. Yeah. But I mean, it's, it really is, it really is strange from the, the weather standpoint. So I think corn, I mean, those are going to continue just because of the environmental factors affecting all the planting. I mean, I'll look too much into that stuff, but it'll make for an active market. No, but it matters. You're right. Oh, well, yeah. Right. When you're in it, it matters, right? Yeah, you're in the bread basket. Where, you guys, that's really important when you're talking about there folks, because what happens is that the Chicago, I mean, you go right over the border, Indiana, monster, and then just that whole area, you just keep going. That's all farm country, man. And that's, that's the, that's the food bowl, you know, you go from there to the Midwest. That's, you know, that's, that's feeding the world, man. So that weather is not great. You know, bottom line is that makes a difference. We'll see it in those charts. Yeah. We had a, Jack, this is a great story just for you guys in Chicago and the CME in particular. We had a great friend that was, was in the business, Ed Young and out of Chicago, right? Trader. And he had the story that he used to tell, right? It was a great story too. It was a real story. This really happened at the CME. This would be, you know, a long time ago, 30 years ago, whatever, is that you guys were having a drought out there. And what ended happening is that one of the, one of the traders, right at the CME, okay, turned around and got above the trading floor folks, right? And start pouring water down and all the traders thought, oh, okay, this is it. Rain's coming. Boom. They were driving prices. That was like one of the best stories I've ever heard. It's like, you better watch out in those pits. Anything goes, man. You know, you never can get away with anything like that now. But guess what? 30 years ago. You could end up in a federal prison, but seriously, seriously. That's hilarious. Is that cool? That's really cool. That's really funny. I'd love to know if that guy had a position out or if he was just pumping them. Oh, no, no, no, these are positions. You could get away with it then. You know what I mean? You couldn't now. But you know how all you guys think in Chicago, everyone would love to do that. Do you know what I mean? Oh, yeah. No, it's all a bunch of, you know, everyone's getting the money where they can. That's where the resistance talks. Yeah. I mean, you get out on the streets, folks. Okay. Whether it's at, you know, seven in the morning or noon or three in the afternoon in that central time, not, you know, you just feel it. You see it. Yeah. No, no. Well, listen, man, you have a great one, safe one. And we'll figure out, we're going to take a watery as to where you're going to be doing the show from next Wednesday. Well, I like it. Probably because I'm at home right now, but hopefully sunshine. Most likely. Sunshine. All right, guys. Thanks for having me on. Take care. Jack, I appreciate it, man. Thank you. Have a great day, man. Have a safe one. Stay right there, folks. Tommy and I are coming right back. We have the Dow Industries right now trading up to 17 as except 68. S&Ps are up 20 gold up 38. Come right back. How about natural gas? 221. We touched 220. Look at that. 219. All right. Stay right there, folks. Come right back. 219. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. 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For more information, just click the Think or Swim banner on the front page of TFNN.com. We still got it up there, man. Of course, anybody, whenever you subscribe, we're going to make that archive that you guys did really. Steve Dahl did a great job. He did a great job. He introduced him, moderated it kind of well, of course, but Steve really did a 60 minute workshop walking you through. I was sitting here listening to it and I'm actually going to go back and watch the archive again. Just because he really breaks down how you can look at things in there, how you're breaking down, whether it's the 240, the 60, you look at it all below the boxes, above the boxes. And you can put them on one, you know, I've been using this for a couple of years. Is he doing a couple of things? Don't know, this is great. I didn't know, even after a couple of years, you can just go over to the top and mix and match the futures with the equities because I've gone, I used both of them. Definitely. But that's pretty cool just on the same deal. So that was great last night for people that attended. Thank you for attending. Thank you for signing up for those out there. I encourage you to check it out. You'll get your access to the scanner ASAP man. You'll download it and that archive is going to be up probably within the next hour, up there for everybody. So check it out. It'll be up there for the subscribers and it's great stuff, man. And natural gas. Oh yeah. So we touched down 219, man. We're saying quite a jump. 10 pennies. Now we look at the volatility trades, which are two, two and a half pennies. We were bearish though, right? If you just wanted to go bearish, it was only going to cost you about one penny, right? It was 11 bucks on either side if you wanted a directional trade. And that would have been almost a 10 bagger. Not a bad, not a bad 30 minute trade for sure. If we go back over to gold, gold's holding folks. It's going to be the, you know, and you know, what we've talked about is that that was, it's been push, push, pushward volume this whole time. So you stay right there, folks. You've got Fast Market coming up next. And we get our man, Mr. Basil Chapman, Steve Rhodes, Dave White. I'll be back this afternoon. Thanks, pal. Thanks, man. Well, look at him, folks.