 The power trading hour with your host David White call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now David White. And welcome all to another excellent edition of the power trading hour and of course we're rocking from the Fed announcement. They did go up three quarters of percent and it was unanimous. And of course as always we meet at the appointed time. The following takes place between 2pm and 3pm. So at the moment we'll see what the reaction is. We were I think about 28 points higher on the S&P. We broke support. Now the question is is this going to be just like yesterday where it came back in. Sport comes in at about 2848-3845. Your next levels down are going to be 3748 and then 3650 for support. So you've got 75 points if this does not hold from right here. That's seven tenths of a percent down. Not uncommon to have the market rush up and down after a Fed meeting. But yeah very hard to get. I think a lot of people all self-actuated into buying today. NASDAQ down a little bit more than that. It didn't really see much in the way of crude still down about the same and gold up about the same. So we'll see how this goes. Again Jay Powell will have his pressure at 230. That normally runs till about 315 or so. We'll have some questions. Everybody will try to read the tea leaves of what he says and make it a lot more or a lot less than what he actually says. And maybe by the close we'll have some kind of consensus on what he really meant. But of course it's right out of George Orwell. It's a double speak. And finding the truth kind of takes a little while. 877-927-6648. Email me at path at tfnn.com. And of course you can always put a message in the den. And as we take a look here I'll just keep a close eye on it. As I said you're going to bounce around here a little ways. Yesterday we were kind of in the same area and ended up closing a little higher. There's only one good signal that I have right now that says that we could bottom. And that is how many retail traders have been selling off in the lows especially on Friday. Generally they tend to throw in the towel at the lows finally. This is the first real big kind of throw the baby out the bathwater. Specifically to retail traders. That was on Friday. So were we in some place that could hold? Tough to say. On the high side we can look at about 40, 50 on the S&P. That would probably be extreme resistance at that level on the upside. And as we said a little earlier on the downside. Any close probably before below 38, 45 opens up 37, 48 and then 36, 50 to go back and test the previous lows. Why the market is having conundrums and continues to be an enigma wrapped in a riddle until Powell talks. Why don't we go ahead and do some of the normal stuff we do and then we'll see what's going on in the market. On this day in 1954 the first Fortran program was executed. Fortran was developed by IBM scientists were looking for a better way to program the IBM 704 mainframe computer. It quickly became the dominant programming language for scientific engineering applications. And if you're a thousand years old and answered the name of Methuselah it is still used today. In fact there's a thriving business of still trying to get data and run those programs still today. Because no one wants to spend the money to upgrade either the hardware or the software. Especially in the area of high performance computing although I think that's a little stretching it there. A lot of languages that are 10 times faster now than Fortran although it's fairly simple. On this day in 1945 we find out that trying to build an entire four bedroom house out of toothpicks is tough. So for computer stuff and big programs we're going to try to go to something on a little higher level where we build walls and kitchens not just every individual small stick. And that's kind of it. You could write in a similar individual codes for each thing the CPU needed to do. Or you can write a much more flowery and large way. And most of the time today compilers are better than what humans can do unless the human wants to spend 10 to 20 times longer than what the compiler does. 877-927-6648. Let's go back to what's going on for today. Of course the Fed announcement the only other thing that really has my interest at the moment for bigger trends coming is a possible storm in the Gulf. Of course they were supposed to have 19 named storms and of course none of them landed here in the United States. They were supposed to have eight or nine by this time. Hurricane season is over on November 30th. This may be the first one that could get up into the Gulf area around Louisiana and change the trajectory of crude. So keep an eye on it. It's way, way, way in the nosebleed section of the Gulf at the moment. But pretty good tracks that show it probably going up into the Gulf of Mexico. And of course once it gets in there everybody has to amsgray at and lay off those oil rigs. And of course this is at a time where we have probably only about 20% left in the strategic petroleum reserve. If anything would happen to this way or of course we had the news with Putin deciding to throw some nukes around this morning unclear just how bad it would be for us now that we've kind of used our seed corn and really haven't decided to go back and add production on the other side of it. But who am I? We just need to project what's going to happen. But I'm looking for either the storm or some other event to kick off crude once more. My guess the next time it's going to go back up and retest those highs somewhere around 170 or 180 probably in the next three to six months something like that. My guess is that once that SPR oil quits flowing we're going to have some real problems in crude. 877-927-6648. Okay let's start taking a look at some stuff. I thought it was pretty funny we were talking yesterday about Jim Cramer. Bring me the head of the false prophet Jim Cramer. And infallibly when he short something it tends to go the other way. It was up about four or five bucks on Nvidia. It's just south out here today but I'm going to continue to keep an eye on that. Nothing like getting a lot of people short in an overly shorted stock already. I'm just thinking this is the next meme stock if they continue to pile in on it. And could it go down from there? Yeah. Man getting a lot of retailers short at lows. Bad idea. With booming inflation we are purchasing powers eroded. There's no better place to protect your hard earned money than ain't gold. This the gold flagship asset is the Monk Todd Gold Project in the northern territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tail one mining district. This is a large scale low cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This the gold just completed the Mount Todd feasibility study which resulted in a 7 million ounce gold reserve in a 16 year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This thing which is Mount Todd is an attractive, diverse pot ready development stage gold project. This the gold trades on the New York Stock Exchange under the symbol VGZ. Are you grinding in the market but seeing little to no return? Or are you a successful trader simply looking to make your job a little easier? Learn to take the path of least resistance with David White's powerful trading newsletter. David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find and share winning trades. Support and resistance define the ranges in which stocks trade. By understanding these trading ranges David White is able to find a path of least resistance. David White's trading newsletter The Path of Least Resistance is delivered daily before the markets open to make every trading day an easy win. Visit tfnn.com today and subscribe to David White's ultimate trading newsletter for $119 a month and try all of our newsletters risk-free with our 30-day money-back guarantee. Take the path of least resistance at TFNN Educating Investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's daily market newsletter Market Insights is published every morning when the 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. Toll free at 1-877-927-6648 internationally at 727-873-7618 We return the dollar is going to make you holler up to 111.15 and even a half a cent beyond that. Of course a huge move on that. Let's take a quick look at the chart for gold futures. That should be GC, right? Okay, it's now down about flat really on the day, but I'm showing 1670-85 for the last tick on it. So it's bounced back a little bit, got down to almost 1662. So that's kind of a nice little washout down at the bottom. We'll see whether any of these things can hold through the rest of the day. 20-year Treasury did bounce a little bit. Not very much volume in that today. In fact, not very much volume in the market today too. Take a quick look at the TLT 106-88. So that is a little up off the floor. We're kind of looking at the low 106 is maybe 106 and a nickel. It's like from just eyeballing it on the TLT. That's the 10-20-year Treasury bonds. Kind of what I use to as a rule of thumb on the greater market. Still way below the trend line. So I don't see much going on with that all over. At some point people just end up leaving equities when they get scared. Retail traders, especially in buying bonds. And it's out of the frying pan into the fire. One of the few things that, what was his name? Joe. I want to say Grigiola, but that's not Joe. I'll think of his name in a second. Big time guy because he picked one market downtrend. And he always had the theory. No, not Joe, but Apaglia. This is Joe, the newsletter writer from Kansas City. Thinking of what we have here. Joe. Yeah, I'll think of it. Anyway, he had one theory and that was that when you see bonds headed lower, something headed lower, kind of like the Titanic. Everybody's going to run to the stern. All of the whole thing is going. Yeah, Joe Granville. Thank you. I couldn't even move his name. I didn't believe anything that really said he had one winning trade and parlayed that into a 20 year run of being wrong. And I think he was wrong just until 2008 where he wouldn't wrong anymore. But there's somebody on the internet used to have a win-loss record for him. He won a bunch in 87 and then never really kind of won again. But sometimes on TV, that's all you need to be a one-time big winner. And you can be on CNBC for the rest of your life. Anyway, as we see the TLT, I still don't see anything out here that makes me believe this isn't headed to 101 for the next big major milestone. You may have bounces like today, but again, probably out of the fire and into the frying pan, everybody's running to the stern of the Titanic. And it's just a few minutes away before everybody slides down the deck and into the drink. But that drink would be cold. And that's what we need in Florida right now. Okay, 877-927-6648 as we go into it. Now, after the bell tonight, depending on how we do today, may set up a tone, and that tone will be for Lenar and KBH. And of course, higher interest rates really are probably going to start hurting retail sales. We saw some big moves in numbers earlier in the week, I think actually yesterday. But a lot of those folks saw higher interest rates coming and decided to climb in before they took off. So those housing starts were based on loans granted about three months ago. And it takes about that long to three to seven months, depending on where you're at in the country, to start breaking ground. I think a lot of people were in a fairly big hurry. So we have that. But after this, this is probably the last big hurrah. KBH at its lows, below $27.32 today, could easily get you back to $24.78. That's the June 17th low. I'm going to say the odds that it hits that after earnings tonight, maybe not instantly, but soon at about 80%, I can't see this bouncing much unless everybody's short. I didn't look to see just how short this is, but let's see. The only thing on these earnings is if everybody has the same idea, it's probably a bad idea. I probably shouldn't have said anything till I looked at it. Actually, it's not bad. 11% yesterday, 15% before, 6.5% before. They're not huge, at least on a daily shorting basis. On the bi-monthly, it's kind of up there. You've got almost five days to cover. So it wouldn't be something I'd want to carry into short, just because so many people could be on the wrong side of a northbound cow. The south end of a northbound cow. Okay, and get some more. We'll go back to that in a second. Where's that? Okay, the other one is the Lenar. Let's look and see if we have any disparity between those. Man, kind of the same thing. Let's take a look and see what we have on short interest for this one. About the same. You've got just under five days to cover, which is fairly strong. If you're unfamiliar with days to cover, I kind of look at it more than the short percentage. That is, if you just took the last 30 or 60 day average for the volume of the stock, if the short's all wanted to get out one time, how many days would it take only at that average volume to get out? So five days, you could have kind of some meme stocks in these in the short term. I wouldn't be going into earnings on anything that had five days to cover. But that is I. Again, both of these things look like they're going to go back and retest previous lows. The question is, do they run all the shorts and then pull back to the previous lows? Not uncommon. Everybody thinks that they know the direction of the market. So that's one of those things. Do we have anything else? Earlier in the morning, reporting already was General Mills and his brother, the Colonel. Of course, generally in markets that are nervous, you go for things that people have to have. Clorox, cereal, Colonel Mills used to be a general. I guess this nice gap hired this morning still cements it. You're back above some fairly long term resistance levels. You got decent volume. Any idea that everybody's going to be going to the mattresses fairly quickly? Okay, that's a few emails here. We'll be back in a minute. Answer the Dread Pirate Z's question. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At tfnn, you'll get advice and guidance from the authority in technical market analysis. And it's not just dry, tedious text either. tfnn airs live financial content streamed live on tfnn.com and tfnn's YouTube channel with Tiger TV. Live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be. tfnn Educating Investors tfnn is excited about our new software charting program, The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including Gartleys, ABCs, Butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. As we come back, we've got a couple questions and an email that we'll answer in a minute. Also, before the bell this morning, stitch, fix? What was it after the bell last night? I can't remember. Anyway, it was down about 50 cents earlier in the day now at about 506, but it's hanging in there. Of course, once the darling of the shutdown, whatever we have here looks low. 506 now, and of course it was 44.65 back on September 27th, so a year ago, so one-tenth the price. Anyway, as Jesse Livermore said, a stock's never too high in price to buy nor too low to sell, because it can always go lower, always can go higher. Okay, now we've got a couple of little emails here. Do you have any cues that you like to use on Powell Day? Before they started having the press conferences, it was kind of one and done. But the whole idea of this press conference and the fact they can say anything at any time and the market will drastically react to it. I just stand back. I kind of wait until the desk clears. I like to see what happens at about 345 when everybody has to start thinking about whether they're going to hold overnight to get an indication. So I'm not predicting much of anything until we get to that point today. So as Warren Buffett likes to say, money in the markets goes from the impatient to the patient. So I think little patience is covered on today. How does the XLE look? We'll take a look. I think we've got maybe another, I think we've got 50 days or 58 days, something like that to the election. A lot of the energy prices have been held down by huge taps of the strategic petroleum reserve. Most of that oil has been going to foreign sources. And that overall, it's kept the price down of oil and satiated those who don't want oil in the United States by doing it. But it's kept the prices down overall. We're about 80% through all of that. So we've got about 20% left. I'm thinking that once we're tapped out on that, most of the OPEC nations or other suppliers are going to figure it out fairly quick. And they'll start raising rates. And there won't be a lot we can do. But pray that there's not a dust-up in Taiwan or a bigger dust-up in Russia, Ukraine or anywhere else, because we'll be tapped out of that strategic petroleum reserve. 877-927-6648. Anyway, looking at the chart on the XLE, a little bit of a retracement. I think you're going to get one more chance at 7528 to September 19th low and whether or not you're able to get it. But I'd be looking at that. Let's see. Got some other questions out here. Microsoft is having its dog and pony here in about 30 days or so. It is testing the lows and actually on fairly lighter volume. Energy is about the same on the way up and the way down. So the best you probably would hope for is that this isn't a bigger trading range from 394 back to 240-ish. You did test yesterday the volume of 46 million shares with 26 million shares. So not a bad day. It went below it. It closed back above it. Probably the strongest overall long-term outlook for tech stocks that's easily visible. But at the same time, being the best house in a bad crack neighborhood doesn't mean you're going up, probably just less going down. Which I think would probably mean a Paris trade between something far worse than Microsoft and maybe something like Microsoft on the long side. If that's the way you wanted to play it. But I think there are better other plays out there. Take a look out here. Now we're flat now on the S&P cash. As I said, don't get too excited until at 345 time. We are at fairly decent support. But we've got probably 200 points higher and either 100 or 200 points lower. We are getting into that point. We're about four or five days. If you just look at it seasonally, you tend to find a low. I don't think we're probably going to find the low today. Maybe it just goes sideways or something. But generally, the next couple of days tend to have the worst days of the market historically over the last 150 years. Just playing the odds, probably not a huge move. Doesn't mean you can't win by going against the odds. They're not huge, but they're at 65, 35, something like that for the last few days. So we'll keep an eye on that. Other stocks in VDA. You can type it correctly in VDA. As we started off the show, kind of interesting play out here. Still above what you had and not a bad looking chart. If you're looking for a short squeeze, I do kind of like it. It does have a little bit of Joe DiNapoli double repose in it. The one thing you would really like to see is a lot of volume before the end of the day. Volume's not bad, but you generally want a bigger candle when you break back over the 3x3. It's kind of wimpy at the moment. Others in the usual suspects, AMD. A little more on it. Kind of the same style of pattern, but again, not much of the way of volume. That may change rapidly by the end of the day. We'll go to Apple. Same kind of thing. You should be getting a lot of energy and volume today. You are not. That means you can't crawl up a little bit farther on minor volume. NFLX. Kind of interesting. We'll go through Netflix and Disney. But both of these companies working very hard on the propaganda. They've had some real stinkers. And they are doing everything, including leaning on Rotten Tomatoes, the movie review site, to make sure people don't pound on movies that look rather horrible. Netflix has got one. You did test the previous high on higher volume. So there is a chance that you're going to retest at least the 250 area on Netflix. Energy was a little bit better off the September lows. Disney also trying to make sure that no one tells anybody that the king has no clothes, holding up reviews on it. Amazon too didn't let anybody, I think it was five or seven days, didn't let anybody post reviews because they were 95% horrible for its Lord of the Rings reboot. And they put a billion dollars on that reboot. And it's horrifically bad. Most people tuned out by the second or third episode of it. So it's doing extremely poorly. Walt Disney has some other ones kind of the same thing. Spent a lot of money on She-Hulk. It's not doing well. They're all trying to make sure that no one actually says that they're horrible on social media and sites like Rotten Tomatoes, which I think just really makes the problem. We'll be back again any short time. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis. And it's not just dry tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV. Live every market day from 8.30 a.m. to 4.00 p.m. Eastern. Free! Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the Technology Insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices, and stops to set for each trader. Dave delivers his weekly newsletters every Friday, with updates throughout the week. You can get the Technology Insider at TFNN.com for only $37.50. Sign up for Dave's newsletter, the Technology Insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day money-back guarantee. TFNN, educating investors. Are China A shares hot or not? If you trade China A shares, now may be time to take a closer look. Trade CHAU or CHAD. Directions daily, CSI 300, China A share, bull and bear ETFs. China A shares in either direction. Visit Direction Investments.com today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. 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. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Relatively flat, maybe a little bit higher. It's kind of thin and wispy trading. What are we going to call it? Up 15 on the S&P at the moment. So again, it's just going to flail around here and probably until the close. Don't get too excited one way or the other. His main message hadn't changed. Maybe all the double top secret handshake things have changed. I see that on there. Anyway, the question was, how bad is it for Disney from Jake? And I think the big problem they have is that they just can't quit making stinkers around Star Wars. Paid four and a half billion dollars for the property. They've made one decent series out of it. Three bad ones and I think two bad movies. But they got yet another stinker coming called Andor. And everybody's up in arms for fans that have seen the original trailer thinking it is just as bad as Obi-Wan and the other ones. The only good thing they've had out of all of that was the Mandalorian. And of course, there's somebody, one of our gentle listeners and one of my subscribers, asked me why I don't like being in a movie and film production. This is the history. That is a lot of people, they know what's going on. In the early days, they hire a bunch of creative folks and leave them alone. Then they have to justify their income. So they hand notes around. They think they're the creative people and they slowly stomp out anything good that was coming out at the beginning. So you'll see the history of movie production is there'll be a Warner Brothers or something like that and they'll have a hot five or seven years and they'll run it. And the same thing. It didn't matter what it is, what movie chain or whatever it is. Executives who are non-creative cannot help getting involved in being and stomping out the creative part. And at this point, Disney is this kind of for video production is just kind of the McDonald's. Yeah, if you want it good and fast and cheap, you can get it. But it's not going to be very satisfying. And you may even feel a little bad an hour or two after eating one of their big greasy burgers. So I'm not a big fan of these folks going after quantity instead of quality. And two, you can see the stinky fingerprints at least on Disney and Netflix on a lot of the stuff coming out now. Again, that was during the time where the pandemic ruled and these folks really couldn't go to the movie theater directly. So, yeah, the balance of power went to these big streaming places and they decided to pit their big massive mitts all over stuff and run it for the most part. There's still some good stuff out here. But when you've got to cover up just how bad your stuff is by threatening other platforms or an Amazon case for its Lord of the Rings, not letting anybody put reviews on your own site, you know it stinks. So anyway, 877-927-6648 as we wait for Powell's stuff to go on. Dollar blow off top possible. We talked about that yesterday a little bit. Do I still have that? That's gold, finally going higher. You must have said something. Of course, I don't get to listen to it because I'm on air. Let's look at the dollar. We went through the levels and it's 109.25 or was yesterday. So we'll look at that again. But any close back below about 109 would be a double repo blow off top at $0.1042 or $0.1041 on the dollar index. You'd still have another buck and a half to really drop before the end of the day. Maybe tomorrow you get the confirmation on it. But certainly a blow off into one, what's the high of the day out here on the DX, $0.111.33. Remember that $0.1050 now. We've got a little hanging man forming on the dollar. I don't know if you can make a great deal out of it. Well, we're back up to 309. $0.3892 on the S&P cash. Again, probably a little bit. Let's take a quick look at NVIDIA. I'm just figuring that with as many people probably that piled on. Yeah, you got a nice 6% bounce in NVIDIA today. And certainly everybody that Kramer talked into going short on Tuesday is underwater. What else do we have out here? Let's take a quick look at volume. It is extremely light, still extremely light. Yet mostly we have almost in the high sixes, low sevens when we start the show. What do we have here? About 12 more minutes to go. Doing about 6.2 billion shares. So there isn't a lot of volume to the upside. There isn't a lot of volume to the downside. So you better stay frosty and don't stay greedy. Because I don't think there's a lot into this. This could all unwind fairly quickly. Okay, got some other questions out here we'll get to. Blow off dollar possible. Let's take a quick look at the GLD. See if this thing comes back in. Well, to get back into the trading range, you'd need $150803. You did pierce it. You had kind of a reversal signal. It turned to dust that reversal signal was on the 1st of September. You came down on fairly decent volume of 13.2 million shares on what is that? The 15. Going sideways. You're still just in the trading range of that day of the 15th, at least on the GLD. You did go down and break out the lows. You could get a close over the three by three. But yeah, we may still need some consolidation to get that done. There's not a great signal off the bottom for those just yet. Something else happens. Okay. That's on a medium term, not on the next five or 10 minutes by the way. I don't do anything but dailies on the show. Okay. Got a couple more. Questions. Let's take a look at Amazon. Yeah. I mean, you're going into Christmas. It's hard to stay short. The chart does look fairly good. You filled this gap from, what is that? The 29th of July on fairly light volume. Probably as bad as good as it's going to get. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC Capital Market Assistance in evaluating alternatives and in completing an accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC. Vista Gold executing a strategy to create shareholder value. 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 in 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. 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TFNN has launched the Tiger's Den. Hosted at Discord, TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, the Tiger's Den. Available to all tigers and tigers for just $1 for the year. There's no cash or at-a-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. Catch Tom O'Brien, professional trader and educator, founder of TFNN. Also a special guest on CNBC. Tom will bisect and dissect the markets. The Tom O'Brien Show. Next on TFNN. Tom says that he probably talked. See that in the liners, which makes me think that, well, it's probably time to buy commodities. Isn't that the way it is? I think he's just cursed now. And of course, all we can remember is that inflation is transitory, as he said before. He didn't say that today. That was mocking him. I was a mocker. Anyway, I'm not going to get too excited one way or another volume still is fairly low, only doing about six and a half billion shares on the day, even yesterday we did nine and a half billion. So not a big day. Not uncommon to get a lot of volume before the end of the day. Everybody's trying to look at this as the glass half empty, not a full glass or a glass that's a little bit more than half full. And, you know, I don't know what else he's going to say today, but if I was betting and I am not, I'd say that the market closes somewhat flat from all the competing signals I see at least throughout this. Now, maybe we start moving out tomorrow, but it's hard to see. Anyway, we're up 34 points on the S&P cash now. Again, 40, 50 is resistance on the high side if we can get out of here. And 140 points down to the next support level from here at 3890. 877-927-6648. We're already done for the day. Again, a little nicer when you can actually listen to it and watch the trading. I've got to kind of talk and chew gum at the same time here on the air. So I'll look at it a little bit more. I've got an update going out for subscribers, but I don't tend to make any big prognostications until he's done at least speaking, which will be about 315. Hang on for Tom O'Brien who will take us through the end of the day. And that's about it. So when you can, not when you have to, we'll see you here tomorrow.