 of Traders. Sign up today and become a part of this educational community of Traders, just visit the front page of TFNN.com. The following is a presentation of TFNN. Trade what you see with Larry Pezzavento all 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, Billy Ray Valentine from the offices of 100 South Broad Street, Philadelphia, Pennsylvania, 1-9143 zip code and believe it or not we are in the offices of Duke and Duke and let's take a look at the gold market here folks. Hi, over here at 2084 we dropped $100 we rallied back to exactly 61% retracement of a high from this area right here right to the penny and we also made a 78% retracement from this intermediate high which was also a 50% retracement but after that you notice the market came down and if you were patient just a few days ago like it's try on Friday you went right up here and hit the exact 382 retracement there at the 2030 and you can see we are moving down. Now this ABCD structure that we're looking at measures to 1974. Now that's a very, very important number you can see here that's the 1.618 expansion we know those are very, very important. So what we're going to do here is we're going to look at gold really closely today just so you can get an idea that it is predictable you know within limits you know not all of it but within limits. So the first thing we're going to take a look at is let's get this up here so we can see it and this is where we are on the longer term time frame did I do this right I think I did here's where we want to go. Now I've blown this up this is the same chart I just blew it up a little bit because it's important for what might be coming and I just want to get this up here so you'll be able to see it this is exactly the same chart and then I'm going to go down to a smaller time frame just to show you you know how some aggressive traders handle this but there was your 382 retracement that was done several days ago okay here we are Tuesday this was actually done Sunday night we've had the big breakdown right here and they can see our measures right here this 1618 which is around 1974 but here's what's happened today folks if we look at this on a much shorter time frame please tell me that it's up here because if it here it is it's right here I knew it was here now this is just a four minute chart but it's over a four hour period which is a lifetime for some people especially those at day trade I don't do too much of that but I do like the type of trading that Tom who guard does now look at this folks there was your 135 pattern this morning okay just absolutely spot on and there was your first 382 retracement right here that took just about a half hour this one took about 15 minutes 382 this one took about 15 minutes 382 and now we're heading down the number that we're looking at and this will be in the tonight's because we're getting close we're at 1993 right now we're looking for 1974 that's not very far away but we have to think of this and let's get this up here and take a look at it because this has been a big move and we said there was a possibility that we might get down there this has been one of these where you'd get a 20 percent correction down into this area right here if we could get the down to 1900 that would be down 280 dollars from the high which would be equal to the 280 dollar move that we had here it would be setting exactly at the 382 retracement so the question is are we going to stop at 1977 or are we going to go straight down I will be a buyer after I do all the work tonight I will do I will be a buyer on that because I see all the numbers that I'm looking at interday over the five to ten day period I remember this is a daily chart so it's different you don't see all that little stuff in here like you do at the microscope that we're looking at and we're going to look at some microscopic things today folks because this is how you manage risk at least that's how I manage risk and you'll see what's happening but we have a chance that we might get here so if we get to 1977 and then we have a little rally and then it takes us down to here folks this is Christmas day because you'd have a 135 pattern it's be setting right at the 382 of the low way back here are you kidding me and it would be setting at the 61 percent retracement of this number right here that's where you want to be looking but before we get to that point we've got to get to 1977 and I do believe that's where we are going to be going is 1977 I hope that answers that question okay now the second thing that I wanted to cover was the corn because remember we had a big rally in corn yesterday and I've tried to tell the folks on the um excuse me on the uh video that I put out on corn last night is that all we did was make oh you ought to try putting the chart up Larry and everybody could see it instead of just you and this is the shorter term version of the corn and this is where we were and I said all this is is a 78 percent retracement of this move right here and if the trading gods are with us we have a chance to see this a b c d form down right here and there you see that 1.618 number folks you'll never guess what that number is and john he's got his hand up and he says it's not 382 it's not 786 it's not 127 he says it is 1.618 and then if you add that to what we've been watching for just about a week and a half now or longer is this chart here on long term july corn coming in right here there's your long term a bcd coming in exactly at our number 492 and folks we're not very far away we're only 10 cents away and if we can move 20 cents like we did yesterday we can certainly get down to this level right here so that's what we're paying a close attention to today folks so let's uh remind ourselves that's that's what we're doing here in the corn market we're also watching wheat and we're also watching beans and bean oil but the real easy one from our perspective is the fact that that's what we're looking at and i have some information from our good friend rich anderson regarding that stuff and this is uh came from charlie biello who's an old uh now he's not old he's a young floor trader well he doesn't trade on the floor anymore but he shows us here the price of ammonia or ammonia fertilizer to get the you know get the crops ready has dropped precipitously almost crash like you can see the big crash we had here this crash was even bigger so just just uh just a year ago when things were really heavy in the old um ammonia business fertilizer and if anybody knows more about fertilizer i should raise my hand i speak of it many times anyway as you can see we've had a big correction that has nothing that i don't trade ammonia or anything like that i'm just showing you that the farmers are getting a break so that's why they're planting so darn much and that's why we need the corn let's take a break eight seven seven nine two seven six six four eight currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out teddy keg stats tiger forex report teddy keg stat breaks down the forex markets every monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options teddy releases his weekly tiger forex report every monday morning with coverage of all the major currency pairs including the dollar index the euro dollar pound dollar dollar swiss dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year t bonds as they both influence forex markets tremendously when you sign up for the tiger forex report you also gain instant access to teddy 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today visit the front page of tfnn.com tfnn educating investors steve rhodes started his trading career as a student almost 20 years ago and the student has now become the master steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment steve rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering probability newsletter steve's award-winning newsletter 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geared to deliver comprehensive strategies for a successful portfolio get tom o bryan's newsletter market insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at tfnn.com tfnn educating investors free at 1-877-927-6648 internationally at 727-873-7618 okay folks those of you that have been listening to me for the last seven or eight days know that i have really watched this pattern unfold here in the nasdaq at 13,494 we sold it on thursday and friday we both had a $2,000 profit in it and yesterday we had about an $1,800 profit in it and we ended up breaking even on the trade i sent out a video on it we were about 40 points below our buy stop when i sent the video out but i i had a sense that because that it didn't break after the first two that once we went above this you didn't want to have anything to do with it so what i suggested was put your stop at your break even point which was 13,494 and 13,494 was hit and i said what you want to do is you want to watch for an expansion because what they're going to do is they're going to run the market up based on one or two stocks because remember this is the nasdaq 100 and it all it takes is one really expensive stock to make this thing move that much you've seen it happen many many times so i'm going to walk through what i did this morning as i said as i sent the video out and this was the video i was doing and i did it over an hour and a half period so i just use a four minute chart that way i could see the pattern unfold you know relatively easily i didn't update it or anything i just put it up here and i said you've got two targets up here at 1540 at 13,545 and i said sell it at 13,545 because you're going to have a beautiful a b c d pattern up there with a three drive to a top pattern you've got to use a 20 point stop just like we did before when we were down there at the 494 level but this is what we have to be doing and i explained to them that i believed that this was my opinion that it was just probably one or two stocks that was making the thing go gaga so i turned on cnbc to see what the gaga report was going to be and sure enough it was uh michael burry if you remember him from the uh the good old days of the short seller and he was telling everybody that his main stock was in vidya and he thought it was going to the moon along with mr musk's patrons anyway you can see we've there's there's the move right here there's the move in the nasdaq right there so we're close to where we think we could be so all i did was i moved it down to that area said okay if i can get to that area i don't have to risk very much from that point all of the other indices are still down folks the s&p's down the nasdaq the dow jones is down the russell is down and and some of the other stocks like bank of america is down and target is down and home depot was down but that doesn't mean very much i'm just looking at that from a perspective of how i managed the risk of how i wanted to see to see it work out because early in the morning i wanted to show you because early in this in the in this morning when i was hearing this i knew that the earnings or whatever it was that came out on invidia might have been michael burry you see it had just made a new high well i can tell by just looking at this a bcd we're going to get up into this area right here at least a two ninety nine and three hundred and so i just went to the nasdaq because it's a big part of this and i came up with that number it's trading roughly at the same price but had a 20 point stop on it now if i lose on that trade will i feel bad nope not for one second right because we've been short gold we were short to euro you talk about a market and we did this on the air yesterday and most people when they see these things they say oh well there's not too much to a bcds but by golly folks this is the most actively traded thing in the world it trades a thousand or one trillion dollars a day you can see the a bcd there's your 382 retracement right here and there's your abcd pattern right here look at the perfect point 382 off of the last perfect 382 this is a downtrend folks look at this you've got lower tops and lower bottoms there's your there's your 135 pattern right here right at the 382 and look it took took two days to form that just like it did this one right here and so we're all the way down and in this area right here so that's why if i start focusing on my losing trades folks you're not going to be able to listen to me very much because you know i do have losers and i have them all the time but i try to point them out to show you what i did wrong and uh the faster i can do that the faster i can move on to uh to the next trade mark douglas used to say he said look he said you're just like in telephone sales though you don't have to put up with the frustration i said what are you talking about telephone sales look he says if you're doing telephone sales and you have to pick up the phone and dial 100 times he said you're only going to get about three to five calls where you're going to be able to sell something and i says well i can certainly do better than three or five percent he said of course you can't that's the whole principle of it so if you have a losing trade figure it was a bad call and dial again and that's what i try to do is when i look at these things dial again so i look at the corn to see how that's working out that's good hasn't been filled yet but it's getting close we missed the hogs by a heartbeat they're up and they're almost up eight cents from where our order was and we missed it by about a 50 dollars is all and but anyway those are the ones that you've got to just keep moving and and and trying to do the ones that that are right there in front of you now if you remember i spoke very this was about silver really important because we had that number oh we have a caller coming in and somebody got through on the line are you kidding me my goodness we got michael calling in michael what can i do for you my friend thanks for telling me to take my call what can i do for you yeah uh no i can't remember back that far mike i really can't but these charts never change very much day to day they really don't so i don't think uh i don't think that's a problem so i just move on and not even not even think about it'll correct itself in one day without any trouble really i see okay so realistically you know what's what's the outlook here i mean if they if they walk out of the white house today jakey's hands body body is it by the rumor sell the news or the year keep rallying i i will have to wait till that happens and then i because i don't i don't react to news i let the see that i see what the market reacts to the news and then i'll react on it because they could sign it they could sign this deal and it might be so buried that the market goes down they might sell a sell three trillion dollar uh you know dead increase or something like that if that happens who knows what i react to what the charts are telling me i don't listen to the news at all mike none zero bupkus nothing never or i i mean i just i mean negative news in europe nothing 10 000 employees uh terminated you know we had the we had like yeah hypochonic missiles on the cab overnight and and they're noble and western ukraine and and they shrugged that off you know they shrugged these way off you know and they shrugged off home people's earnings you know that's why i don't listen to the news it doesn't mean doesn't mean anything my friend listen we've got to pay a few bills now but thanks for calling in mike we'll be right back folks 8779276648 with jeff huge of alpha insights old report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xa u hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30 day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com everything in the universe is governed by the fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the fibonacci 24 7 newsletter at tfnn.com when you subscribe you'll get a weekly report from veteran day trader larry pesavento on stocks you need to pay attention to and you can trust larry's analysis after all he's got 45 years experience as a day trader larry will also provide daily charts videos and data on the key markets 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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 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 folks we're back and we have as our guest today jeff huge of alpha insights jeff how are you doing today i'm doing great larry thanks for having me on the show today it's our pleasure my friend and you're going to talk to us about the leadership index is nearing key resistance what does that mean well you know the leadership yeah the leadership index has been this nasdaq 100 and as uh all will know it's really been the fang stocks or the mega cap tech stocks that can come and internet uh that have been leading this market all the way uh in fact uh the dow and the s and p on an equal way to basis are barely even in positive territory year to date and without the help of the nasdaq you know we'd be in big trouble and what this chart's really telling us is that uh you know we're running into resistance we're running right into the level where uh the market topped back in august of last year uh it's right on the 100 week simple moving average and we're coming up to that key reference print point that everybody knows about the 50% retracement which is an ominous resistance point in and of itself and so you know i think the confluence of these three resistance points kind of right in this general vicinity 13500 to 13600 range that really says to me that we're pretty long in the tooth here and we need to be prepared for a trend reversal at any point in time and if you look at the lower panel here you'll see that among nasdaq stocks only about 38% of all nasdaq stocks there's about 3600 of them uh are even trading above their 50 day moving average i think the number's 30% for the 200 day moving average wow jeff you sent a lot of great charge to me over the last couple of years but this next one to me absolutely i actually studied it for about 30 minutes and for me to spend 30 minutes on a chart i i was blown away this is a broad market non confirmation that this is this is really scary well yeah you know the problem is if you take a look at the broad stock market it's clear that it topped back on february second but the nasdaq made this secondary push higher to new highs and i think the reason for that was so much money piled into again these top mega cap names in the nasdaq 100 uh as as a flight to safety because you know these big cap tech stocks like apple have a hundred billion dollars in cash on their balance sheet and you know people are looking at these fortress balance sheets and thinking well this is the safety trade within equities and so you know we had that push from the middle of march up to new highs today we've made an intraday new high on the nasdaq 100 but it is unconfirmed by the s and p and the dow today obviously both are in negative territory uh some you know one percent decline i think in the dow but um if we look at the really broad market the wilshire 5000 the russell 3000 the dow jones composite which covers the industrial the transports and utilities where the value line arithmetic index we can see that none of those index have uh uh come anywhere close to topping near their february second high in fact all of them are well below that level and in the case of the value line arithmetic uh you know plumbing it's low is really so um you know my concern here again is that these non confirmations between the nasdaq and and the senior indexes as well as the very broad market um uh indexes suggest that uh you know put it this way larry it's not a bullish side uh these non confirmations tend to precede a trend reversal and so i think that's what we need to be prepared for a topping in this nasdaq 100 and with it the rest of the market as those big stocks come down yeah i know there's just a few of them in there that go crazy but boy when they go crazy they really go crazy okay the next one this one here i i don't quite understand this one this is new highs on the new lows if you'll explain to the folks uh because you know i don't follow the this type of thing jeff and the chart has me a little bit confused so could you tell me explain this to matt what what the the the line that bothers i can see the gray line but the line going down uh that's what i don't understand let me explain it so the gray the gray area chart is the nasdaq 100 okay uh going back about two years or so and what we're looking at in the in the in the dark line is the net new highs minus new lows okay every single day we take the new highs minus new lows and then we add the the sum together okay and if we're making more new highs than new lows on a net basis that line should be going up okay but what's been happening since uh really um the market peaked back in november of 2021 um that line's been going straight down and as of yesterday's close it made a new 52 week low uh and so when new highs are making new lows so we're looking at this net new highs it's inconsistent with the new bull market right a bull market should be attended by more stocks making new highs than are making new lows and that is not the case and we're not just looking at the nyse or the nasdaq we're looking at all us stocks so every single stock that's publicly traded in the united states of america goes into this index and more of them are making new lows than new highs and when we add that all together it's dragged that cumulative net new high line down to a new 52 week low that's a scary thing in the face of you know a presumed new bull market that's not consistent with uh that statement right well it certainly isn't that's those two of them back to back that i looked at that that's what i thought what we're seeing but the thing that confused me was the fact that you're making more new lows than you are new highs and you're setting at a 50 percent retracement that means that there's only got to be a dozen stocks or so that are making that uh thing go up and they must be high price so it's got to be cap weighted then that has been my point exactly you know these supercap names have driven the indexes to these recovery highs but the average stock has not participated at all wow scares me and i'm fearless holy cow this is really uh it's really an amazing one to uh to see this because uh you see the russell the russell just uh just can't every time the russell starts to go up it it goes down so there's no no friends there at all and of course we've got the dow Jones down and you've got the s and p down it's only the nasdaq today and that's been due to uh i think nvidia is the one and it's been in the news all day long because of michael burry you know the guy that did the shorts uh the great the big short he uh he's around that stock and he thinks it's going to go along with mr musk up to the mars on the next rocket ship so that's where it's going today as it approaches 300 bucks we're going to have to pay a few bills here in just a second but we're going to have you back we've got a whole minute to go so um why don't you um let's let's just do the next one and we'll get well i'll tell you what larry let me just make a comment on nvidia because you know um the 13 f's were released yesterday and we saw a whole bunch of misinformation put out there these are trades that took place in the first quarter right so you know this is not uh uh information that's in real time we're being told what michael burry did between january 1st and march 31st right and he could very well have uh sold the stock by now that's the problem okay okay that makes good sense hey we'll be right back with jeff huge of alpha insights folks please stay tuned eight seven seven ninety seven six six four eight you might think that if you want to be successful at trading in the stock market you're going to need a crystal 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 and stock prices get the opening call newsletter by basil 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 way to consistently add winning trades to your portfolio tom o'brien is here to help tom o'brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade network and CNBC tom o'brien found a tfnn over 20 years ago to help educate investors just like you tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio get tom o'brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at tfnn.com tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear ETFs visit direction investments.com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 8664767523 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 foresight fund services LLC this program is brought to you by Vista gold traded on the NYSE American and TSX under the symbol VGZ for back with Jeff huge of alpha insights and he's got another chart he's going to bring to our attention where we are totally skewed SKEWED that's right Larry we are skewed no doubt about it you know this this chart probably deserves a little more explanation than normal the CBOE skew index SKEU index it's a strike independent measure of the slope of implied volatility the implied volatility curve itself and this index increases as the implied volatility curve steepens and so you know really what it's the way it's calculated is you take the price of a tradable portfolio of out-of-the-money S&P 500 option kind of like the vets okay and the portfolio constitutes an exposure to the skewness of S&P 500 returns and its price actually encapsulates how the market is pricing tail risk specifically left tail risk and so when the value of this skew index is equal to 100 the distribution of S&P 500 returns is normal but as it approaches 145 the probability of a return that is two standard deviations below the mean in other words a downside move gradually increases from a very low level of about two percent to a very high level of about 15 percent now you know we think about the VIX right and I've juxtaposed this this chart over the VIX as well the VIX is really a proxy for standard deviation and it captures that first layer of perceived risk what the skew captures is a whole new whole new layer of risk and so when you get really high values of skew you can have both high and low values of VIX but when the value of VIX is low and the skew is high the risk of a black swan event is at its most elevated level and so what this chart is basically telling you is we've got VIX very compressed down around 17 percent and we've got skew at 140 which is very very high you know relatively speaking right and the two of them together suggest that we are probably as close as we've been to a black swan event and everybody knows that you know the U.S. debt ceiling is being debated right now by congressional leaders and the president and you know they're they're kind of at a crossroads right nobody's willing to give way and the real risk is that you know maybe we have some sort of a debt default or technical default in the U.S. and what would that do to markets the capital markets are all based off treasuries right and so you know I don't think we're going to get some kind of a calamity there but the market is set up for one and the slightest little thing you know it's a hair trigger it could set the market to reeling and so I think the setup here is is extremely risky and I do not think now is the time to be bold well I have to agree with you on that one my friend and I think two politicians it doesn't make any difference they can't agree on anything and you just can't borrowing money like we've been borrowing money I mean it's just it's just total insanity and you know it's actually embarrassing for me because I have to speak with people across the pond quite a bit and and they're they're actually no different than we are and they and I said these are just the same people that you know they're just called politicians that's what their job is is to confuse everybody I think and you know what I better get off of my soapbox otherwise I will probably be banned forever by Jeff Hughes and associates let's let's move on to the next to the next chart here because your charts are what tells the story and that's what we like to see so I this is the one I think is I'm I'm incredibly bearish and I probably shouldn't be but let's get this up here so we can take a quick look at it and this is the you're very I love that three drive to a top pattern that's the one to me is the and we're seeing divergences in it every day wow I just don't understand how anybody can be bullish up in here but please can tell us what you're looking at Jeff well as you know we use Elliott Wave as our primary model to kind of just gauge where we are in this whole process and what we're looking at here is multiple tops of a second wave we have the august 16th high which was primary wave two we've got the February 2nd high which is intermediate wave two and we've got the May 1st high which is minor wave two and we've already seen one five wave decline off of that which we're counting as minute wave one and a three wave recovery which topped on I believe May 10th and we're calling that minute wave two if we're correct and if we see the next move down below say 4039 that will confirm that we are in the midst of a third degree or third wave decline at four degrees of trend minute wave minor wave intermediate wave and primary wave down and and so this this third wave decline should carry prices to new lows below the October 13th low but it should carry prices so significantly lower than that we're actually looking for a minimum decline of 2750 on the S&P we think that's the bare minimum that we should expect for the decline and you know I was talking to one of my good friends the other day Doug Ramsey at the Loothold Group and he calculates fair value on the market to be around 2900 so you know if the market just got the fair value that'd kind of be in the wheelhouse of what we're looking for to the downside well that's a pretty significant move to the downside Jeff we have a question from one of our listeners over here on in Prescott Arizona up in the mountains and he's asking what happens if they pass the debt ceiling and the people don't want to buy the bonds is that a factor let's say that nobody knows what would happen Larry I mean that's never ever been the case before so I mean that'd be an unprecedented set of circumstances and it's certainly consistent with the setup that we see in the skew index relative to the VIX so I think that's what the market is bracing for well that's certainly going to be an issue I noticed they had Michael Burry on today because of his invidian and you mentioned he could have been out of it like like we hear Warren Buffett say things and and we know that what Warren says and what he does is totally different that much I'm 100% sure we got to pay a few bills here and we come back I want you to tell the folks oh we got more time right in fact let's just we got another chart let's get it up and then we can also get that up here to tell you about your monthly newsletter and then when you get back we'll have some more time to even do that because I I love that letter it's got some great common sense stuff in it and go ahead tell us about your monthly newsletter Jeff well yeah so we publish a monthly newsletter and it's available to the public you can subscribe for for free on substack and get it delivered into your mailbox we we do charge for the full access so we give a preview of the first three or four pages it's a pretty good preview of what we're putting out but it's usually about a 20 page document with 25 to 30 charts kind of lays out the entire you know macro perspective what we see happening in the economy how it's affecting the markets and then we give our our forecast of and positioning so our forecast of how we see the market playing out and how we're positioned to take advantage of the moves one way or another and you know investors who want to access that they can pay $12 a month and get full access uh and become a subscriber and you get lots of benefits listen thanks for joining us my friend we'll see you at 2 30 how's that absolutely talk to you soon you bet Jeff huge offer insights going to review his stuff again on the next hour we'll be right back folks 877-927-6648 if you're looking for potential trading setups in the stock market then rocket options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30 day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of tfnn.com tfnn educating investors you might think that if you want to be successful at trading in a 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 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added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of tfnn.com don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv hey folks we've still got the markets acting pretty good only the Nasdaq is up but the others are down slightly not a big deal i did post a chart here from someone that was kind enough to send me that shows that the value of apple folks this is going to be hard for many of us to believe but the value of apple is worth more than all of the stocks in the russell 2000 can you can you even think about how big a deal that is the price of apple is worth more than all of those stocks combined of the 2000 stocks shut the front door and raise the rent boy if that's not the sign of anti diversification then i've never heard of it but my goodness it has been an incredible stock you know you have to give the master steve jobs great credit and also mr wasniak who was the brain brains behind the outfit but my goodness that's just an incredible feat to see the stock at that i think it hit 174 on this last run right now it's trading around 172 today with the rest of the nasdaq stocks being up sharply of course the big leader of the pack in the nasdaq has been in vidya and of course because of michael brewery from the great short was talking about how things are going remember folks tomorrow we're going to have stan harley as our guests both at 130 and 230 and on thursday we'll have norman who calls it to the minute winsky will be our guest and he'll be just on the one show and then the on friday we'll have bill meridian on one show but it'll be an extended show on friday because he has so much to give us on his monthly projections for cycles research out of vienna frostress so he'll be he'll be our guest on friday so we'll be back with you here in a few minutes after we pay a few bills here it just met but if you do have any calls it's 877-927-6648