 The following is a presentation of D F N N The morning market kickoff With your host Tommy O'Brien That's me, and that's you Tommy. Good morning everybody. I'm Tommy O'Brien. What's your name? Tell them what's your name? This is Tommy O'Brien as well, and we are good to be back folks We were up in Boston for a nice O'Brien family reunion at the South Boston yacht club. You got to love it An amazing weekend with family feels great to be back, but will you talk about a weekend? It's you and daddy Are we on the TV? Hey, did you yeah? Are we doing the show? That's right. Do you have fun in Boston? Yeah, the Boston I had fun in the Boston guys, that's right. He sure did And we come back and boy it's quite a market man. We got Nvidia earnings tonight We got no video earnings Tommy no video you say that no video earnings. Who do you got show them? Who do you got my queen? We got my queen. Of course. We got my queen folks Let's get into it. We got a little bit of negative market action to kick things off. It's me and McQueen Tommy see the market. What do we got? What color is up there? What color is this? What color is that a lot of red on the screen folks tell them a lot of red on the screen right now And green green green and red We pick up in negative action with the SMPs off by 13. We got the Nasdaq 100 off by 79 You talk about an acceleration yesterday Microsoft to all-time highs yesterday interesting ahead of the AI poster boy NVIDIA climbs to 50602. We take a look at the daily basis That is also an all-time high coming into their earnings and you know what before we get into the market wrap I'm just gonna kick it off with the media for a moment because it is interesting when you take a look at this equity We're trading at 50409 right now. You back things up even a five-year weekly Okay for some context here that first acceleration peaks out just about 500 We chop around now we have been in this range and I'll call that range a hundred dollar range from 400 to 500 From when may 22nd it's when they blew apart those earnings right AI was already in the rage Chat GPT had been around for some time the acceleration of this thing has had this year alone from 140 to 505 Now what is interesting is you jump over the analyze tab you jump into the earnings They have their earnings after the belt tonight You have about a $32 and 58 cent move priced into their earnings 59 cent if you're rounding up That is for the event taking place tonight if you take a look at just a week, okay? Let's say you want action through Friday. It's Tuesday right now. You want action through Friday You're looking at almost a $37 move implied in either direction. That is an extreme amount of volatility. Okay. Oh What do they do you got a press play? up and What is especially interesting is how much You don't want with that one which is a different one. No banging, please. Okay. No banging We cannot bang the computers tell them folks which one you what we got a lot of videos We're on YouTube, it's amazing. I always say it man YouTube McQueen police car think about it for all that we pay I'm always gonna digress a bit when we do the shows with Tommy, but I love doing them and I appreciate you tune it in and It's a privilege to be here with my son back from vacation It is interesting folks when you think about how much we pay for streaming services and actually how many of those streaming services are now going to become available for free you go from that model of Television that's free right Broadcast television you go from that to a streaming model and then what happens you revert back to the model that flourished in the beginning Which is a free model built on advertising Something tells me they'll both be around for the people that don't want to pay for advertising But when I look at something like YouTube we stream YouTube on TFN and etc. It is interesting how it comes back around now back to NVIDIA NVIDIA 2.5 billion shares outstanding pretty simple math right 2.5 billion shares Outstanding that means they have about a $35 move priced into their earnings event this week Okay, that's the implied move in either direction. You're talking about About what 80 85 billion dollar move depending on which way you're swinging in terms of you have a $35 move so For every dollar it's 2.5 billion for every ten dollars. It's a 25 billion dollar swing, right? So you could potentially see NVIDIA the market is pricing in tonight, which is why I always say it's important to understand options Even if you don't trade options and you trade the equities Hey, we're doing police karma queen. Let's see if we can find police karma queen for our man Tommy O'Brien right now Let's see Tommy There he is we found him yeah It is interesting the extreme amount of volatility priced in on just a dollar basis, right? So you're talking about 70 to 80 billion dollars in either direction You're talking about a potential hundred and fifty billion dollar swing from low to high market valuation You are dealing with a company that's valued at 1.2 trillion dollars now What is also interesting is you back this thing up on a five-year weekly, excuse me There's your five-year weekly This thing was only trading at $35 about Three and a half years ago four years ago. No, what is that four and a half years ago? Excuse me so the entire implied move was where this equity was trading at four four and a half years ago on a Much more recent basis The move is almost a third of where it was trading at just about a year ago Just rapid acceleration across the board man, and we will see where we go and Now let's get into some of the market outlook in terms of the wrap-up in terms of what's happening this morning Especially interesting the one that you have had with NVIDIA being the ultimate growth stock of future promise when you have yields rising Over that period of time. What if we yields have been dropping dramatically as the AI revolution was taking place, right? What happened you got them there you go So what would happen if we actually had yields benefiting some of these growth stocks yields have been hurting these growth stocks And they've been taken off the Magnificent 7 we might get a little bit of a reverberation today But we will find out the day is young. We got 17 minutes to go into the opening bell We jump over to Microsoft shares Let's put them on a little context five-year weekly same chart as NVIDIA And you're talking about quite the acceleration pretty similar chart in terms of the top out the pullback the acceleration We're making new all-time highs as of yesterday. That's the weekly chart We're looking at up to 378 87 as of yesterday We're backing off of that price level just a bit this morning back to 375 boy You could spend a whole week on the saga of open AI I mean if you're a market participant you got you got to be interested what happened over the weekend The one thing I'll say about it We've all been captivated by you can't help but be captivated by a private company. That's valued at 85 billion dollars That's a non-profit with a subsidiary that operates for profit that's owned by Microsoft for 49 percent controlled by a CEO That has no ownership in the company and you have a board That kicks him out unannounced on Friday didn't even communicate with Microsoft What I found so surprising is that there was no plan from the board, okay, and we'll touch on it a little bit I Guess later in the program, but boy if they had just come out with a PR blitz I mean, you know, maybe you do something like that and you appear on Bloomberg or you appear on CMBC The fact that they went quiet and had everything Go to that fruition and this is the chief scientist right that was supposedly ahead in Led the revolt to a bit Absolutely amazing how this thing keeps going around now. You have him tweeting yesterday. This is yesterday, okay? So I mean, but I was on the plane flying home yesterday He deeply regrets his participation in the board's actions first of all He started those actions according to reports never intended to open harm open AI I love everything will build together and I will do everything I can to reunite the company Pretty interesting that the people building I eat AI can't even figure out what their own actions are gonna cause in about three days time Absolutely remarkable. We're coming back. We're talking equities. We're a lot to talk about. We got Best Buy earnings We're coming back with our man Kevin Hicks. Stay tuned folks If you're looking for potential trading setups in the stock market then rocket equities and 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 Technicles 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 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 Pezzavento 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 That he's tracking expect notifications from Larry on market movement You need to act on at any time 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 Subscribe to the Fibonacci 24-7 newsletter today TFNN.com 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 it 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 Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at TFNN all our newsletters come with a 30-day money-back guarantee So you have absolutely nothing to worry about visit TFNN.com and try mastering probability 30 days risk-free today TFNN educating investors 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 Tigris's for just $1 for the year There's no catch or 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 Welcome back folks Tom O'Brien Tommy O'Brien We get the markets in negative territory to kick off Tuesday trading of Thanksgiving week We're coming into quite an event after the bell with NVIDIA earnings Let's jump over to our man Kevin Hinks to talk about some of the action folks every trading day 12 noon Eastern time right here on Tiger TV the folk program fast market from the Schwab network with your host Kevin Hinks Tom White the team and let's get into a Kevin Quite the weekend in the AI forefront of technology and with that we come in all-time highs on Microsoft all-time Highs on NVIDIA could expectations be any higher for their event after the bell tonight Kevin You know Tommy for your viewers that watch our show We've been talking about low bars for earnings and high bars for earnings and there probably couldn't be a higher bar right now than NVIDIA so with everything going on in AI and Where this stock finds itself? You know this market's had a great run in NVIDIA since October 27th is up about a hundred dollars It's up 99 dollars since since October 27. So this is a stock that You know Yes, can it go higher? Yes, it can't will it? I have no idea Tommy. I mean watch watch this afternoon It's gonna be a fun one Maybe some volatility after the bell That's the one thing that may happen in my mind, but yeah, who knows where this thing is gonna go They've had some blockbuster earnings man, but that's part of the reason that we're pushing some all-time highs on this equity We pick things up with the market Kevin pushing almost 4,600 Tech stocks, of course carrying it higher, but what do you think about the general market coming into December? I mean some pretty lofty numbers as we push almost 4,600 on an equity basis in the S&P's right now Well, Tommy all the numbers I'm gonna give you are since October 27th when the market hit hit lows during the day The S&P's up 10.4% currently a 71 on the RSI the NASDAQ of 13% Currently a 72 on the RSI the Russell 2000 of 9% Currently a 61 on the RSI and you know, I just said in video rallied about 25% since October 27th And it's a 70 on the RSI going into their earnings that's going into that's based on last night's close So yeah, I think you know this market has run a long way. It's Pulled a lot of things forward in the market rates are lower the dollars lower That's good crude oil is lower although crude oil rally the last days Why because there's an OPEC meeting on Friday, and you know, they're gonna be loud in that meeting They they prefer crude oil around $80 not 70. So listen, I think this market is really made a Significant move the last few weeks and frankly it might look a little tired right now a little fatigue going into this Nvidia earnings, but Never never doubt. We'll see what Nvidia brings. It's gonna be a big one. Tommy. I have no idea what they're gonna do And it was it those are some startling numbers, man when you hear him said we know we've had quite a run I was just as you were saying the same, you know, my goodness saying the NASDAQ I believe you said 13 plus percent in the NASDAQ over that time and I was counting the bars Kevin I said, how many trading days have we had since then? I think it's 16 trading days to be up 13 percent Pretty startling when you look at that almost a percentage a day as we keep climbing into these lofty numbers What do you think about yields right now? You know, I was talking about absolutely remarkable with these growth companies have done When yields have actually risen that's kind of been a little bit of wind in their face Remarkable to think what would have happened if we had yields potentially dropping What do you think about the yield conversation that was for for it? We've gone AI a bit, but still of course on people's minds Yeah, I mean this is the inverse right of what's happened with stocks since about Two-thirds of the way to October. I mean We've had a significant move down in yields from 49 You know, we touched 5% during the day to now 4-4-1 here to to start Tuesday. So, you know stocks like lower yields You know, they like the lower dollar if you look at what they both those favor Stocks and what is the result of that look at a 13.5 VIX? So, yeah, I think this market has just settled down Some of the macroeconomic metrics have softened and that's made stocks Look and feel much more attractive Tommy Have you heard Kevin? What do you think about the conversation? I've heard some talking about that, you know, when the Fed Starts to actually potentially cut that may be when the you could see an actual pullback in the market Because the reason they may be cutting is we may be facing some weakness whatever it may be now Usually we were in the scenario where you get the Fed cutting my goodness the market's gonna love that Have you thought about that scenario? I'm trying to do that in my own head, you know saying, okay What if we do actually get the Fed pivot? We actually get that first cut down the line whether it's three six nine twelve whenever it is What do you think of that scenario that some people are laying out in terms of be careful here when you see that the yields may Actually drop that that may not be the best thing for equities. Have you thought about that one? Yeah, and it's it's it's two different conversations and the conversation really is why are the Fed Lowering interest rates, right? Neil Kashkari gave us a little Window into that a week or so ago when he spoke and he said as inflation gets lower Right a five and a quarter to five and a half Fed funds rate gets more and more Restrictive as the Fed as the overall inflation level comes down therefore at some point if you don't want to over restrict the market as Though at the inflation rate comes down you have to start easing down The overall Fed funds rate so you're not too restrictive on the market. That's already softening So now the other scenario that would be a better scenario for stocks The other scenario is that something happens, you know some event some reason some Severe softening in the market happens and they would have to lower rate So two different ways to look at it one a little more positive than the other Tommy But I think as inflation gets lower that five and a quarter five and a half More and more restrictive Tommy It's a great way you lay it out man. I appreciate the insights as always And I feed you those questions. They're not easy questions. It's the gymnastics I'm doing in my own head as we kind of encounter these unknowns But interesting times to be in the market for sure with that in mind Kevin We talked about one of the equities you may be touching on on fast market at 12 today Do you guys have some equities lined up for the program? Sure, of course, we'll talk about it video extensively in the first segment of the show Like fully as good to do presentation on urban outfitters They have earnings come up and deer and company always a fun discussion to talk about grain markets and their Relationship with deer and company. So three good names today, obviously with the most important being in video Kevin I appreciate the time as always on a busy morning. We look forward to the program at 12 o'clock today And we'll talk to you tomorrow as well Thanks for having me on Tommy. See you tomorrow. See you tomorrow. Always pleasure folks. Check it out 12 o'clock today You heard it. They're gonna be talking Extensively about NVIDIA and yeah, who knows where this thing is going but there's an extreme amount of volatility Built into this equity as we covered at the beginning of the program and you're talking about a $32 move in this equity You're talking about an equity with 2.5 billion shares Pretty remarkable, right? Depending on which way this swings the market cap of this equity potentially an Easy $100 billion whether you're talking about you move upward downward. I mean, what is that exactly? We're talking about? Yeah, you're talking about Yeah, 30 puts it at 75 billion, right? Yeah, so Basically an $80 billion swing up or down that creates a hundred and 60 billion dollar window Whether you go 80 billion down or 80 billion dollars up where that thing might be priced in for one standard deviation tomorrow All right, folks. Stay tuned. We coming back for the opening bell We got markets slightly in the red s&p's off by 13 NASDAQ 100 off by 81. 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Introducing Tom O'Brien's award-winning newsletter market insights your key to successful active trading Tom O'Brien Renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades Tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox Whether you're a seasoned trader or just starting out market insights provides the edge you need to navigate the markets with confidence Ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today Don't miss out on this opportunity to supercharge your trading results market insights comes with a 30-day money back guarantee for all new Subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn Dot-com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter market insights firsthand tfnn educating investors Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and Tfnn's YouTube channel with Tiger TV live every market day from 8 30 a.m To 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live From around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert Hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's YouTube channel and become the investor You were born to be tfnn educating investors 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 What was that sound Tommy? The opening bell for the stock market for the stock market. That's right folks. It's the opening bell for the stock market We got equities open we got equities in the red S&P's off by 13 NASDAQ 100 you're off by about 87 Tao off by 66 Let's jump over to the main event after the bell tonight in the video shares negative about three bucks I mean pretty remarkable you almost close at like the tick high. I mean not quite right. Would you close that? about 30504 yesterday you made it about 505 but boy in the context of the volatility of this equity to close within a dollar of the All-time high tick as you come into the earnings event pretty remarkable Microsoft shares down about three dollars you talk about some volatility yesterday Can't say enough about that one speaks for itself. We jump over to Amazon shares. We check in on the magnificent seven There's a drop for you man Amazon shares off by 2.2 percent. What's going on with Black Friday, man? What's going on with Amazon? I'm not sure. Do we have some Amazon earnings coming out? I mean news they don't have earnings This might be giving back some of the action I guess who I don't know Amazon off by 2.3 percent. We did have some Coles earnings Coles with their numbers I think I saw something like comp sales falling for let's check it out. I was just reading it right here on Where were we not that one? I'll have to find it Yeah, here it was You had Coles seventh straight drop in comp sales pointing to an on-going decline in foot traffic and a broader shift away from consumer Sprending on discretionary goods like apparel. Let's check out the longer-term look on this Coles, man Trouble trouble, right? Boy, I tell you so we go to the mall around here and let's jump to target in the same deal. So target Has decent earnings last year trouble at trout last week. Excuse me trouble as well But they have decent earnings last week at least Coles seventh straight decline in comp sales. I'll tell you folks The Coles experience is for some reason not as enjoyable as target for my opinion and Coles is very expensive Target is also very expensive, but it's not as enjoyable and I find myself wanting no part in Coles one of the malls We go to regularly has a Coles within it and I don't go in there at all now. We might go in there. Maybe during the holiday season occasionally Okay, as you might get some good toy sections. Let's go do a little window shopping with Tommy, etc But no, and it's funny. So I flew home yesterday got home in the middle of the day No, you can get that later. Oh, you want to show him Spidey? You want your Spidey? Oh He's right here we got him. There he is. Oh and we got Tracy to Tracy the spider We're big on And is Spidey you want it off? It's right there. You want it off or on off? Okay, let's take his backpack off. There we go It's Spidey Spidey and his amazing friends. Now. Here's a kicker, right? Where did we find Spidey and his amazing friends? Disney plus of course Disney spider-man Spidey and what's funny is this is not spider-man folks This is Spidey and his amazing friends and there is a difference Kohl's So we go we land we come home we get changed We had an absolutely amazing time as I said, I'll pull some pictures up tomorrow. There's one. I'm gonna do a share some pictures I mean can't make it up folks. I said, you know what we could have had a reality television show pilot episode In terms of just the awesome scene the O'Brien family reunion at the South Boston Yacht Club An absolutely amazing time. So we fly home yesterday. We come home We get changed it was about two or three o'clock by the time we were there My dad was flying home a little bit later in the day yesterday on a different flight And so we had some time to kill I went to Target man. We went to Target We did a little bit of Black Friday shopping We did and there are about a hundred O'Brien's there about a hundred O'Brien's in the top floor of the South Boston Yacht Club And man, I miss eyes they say God's country as they call it and yeah They just built rebuilt the deck absolutely beautiful out on the water for you Bostonians out there How about some amazing weather this weekend right Friday? We hit up Fandua Hall We hit up Ned Devine's having lunch in Fandua Hall I think it was 62 degrees out in the middle of November sitting in the middle of Fandua Hall and you've been joined some beautiful music You got street performers out there having some good lunch at a beautiful spot Ned Devine's had been there many times in my 20s a While back at this point, but nonetheless just absolutely amazing weather Point being we get home. We go to Target yesterday. No chance. We're going to Coles man Now they both have a problem that they are expensive. I love doing window shopping They did have some pretty phenomenal deals for Black Friday. I'll say that much So we'll see where we go from there, but Coles in trouble man Coles is down 9% My personal experience is talking my dad about this a while ago both sides of Want me to hold Tracy? Okay, I'll hold Tracy and you got Spidey What's the problem what's the problem said that's what that's what Spidey says to Tracy and Tracy tips off Spidey of problems going on The Spidey goes and he saves the day. Does he save the day? He saves the day. He saves the day. That's right Uh, okay, we jump around what else we got going on. We got Best Buy with their numbers trouble as they say trouble for Best Buy Best Buy down about 5.5 to kick things off right now in the trading session And let's see what else we got going on. Let's see what else we got. Yeah Abercrombie and Fitch with their numbers as well Yeah, no trouble here, man You're down 5% But you're only back. Excuse me. You're only back to where this thing was last Thursday. What's Spidey doing Tommy? Look at that three-year weekly now. What's remarkable is I used to shop at Abercrombie and Fitch when I was in college Look at this thing, man Yeah, be careful. Okay, you're pushing you're pushing Highs all-time highs and anytime you've pushed all-time highs before you've reached a cliff So I'd be very skeptical until you actually come over this thing. Maybe you're gonna need to consolidate You know, you were just trading at 15 14 bucks and you're pushing 70 for Abercrombie and Fitch But boy, that's been an acceleration in a big way for Abercrombie Today though a little bit of a different story Let me pull the Abercrombie one up here They raise the outlook after the quarterly sales surge 20% but this is one of those stories, man All right, here's the headline Abercrombie and Fitch shares raise outlook after quarterly sales surge 20% They raise the full year guidance again after another quarter of sales growth They're defying an overall slowdown in apparel Thank you, buddy. Did you pull it up for me? Thank you You pulled the music up for me. That was very nice of you I'll pull that one up Thank you This might be a teaser to the bar being set high right earnings a buck 83 versus a buck 18 revenue 1.06 versus 981 net income 96 million compared with the loss of 221 2.21 million potentially yeah Strong numbers and what do they do they trade back a bit because you know the whole world of expectation was priced in Now the market holding up pretty well on the open NVIDIA is flat They got back that loss on the open. Look at this back to a five-minute chart Fivo Who is it? Spiting is amazing friends. That's why it's not spider-man. Huh Tommy and who's this Tracy yeah, and is this spider-man? What's this? A backpack that's his backpack. That's right Put it right there Okay, let's check in on microsoft Uh 375 29 this one will take some time to play out now. It is interesting as you jump around here Um, even you know, you pull up the front pages and you know as I come to air the news out there That potentially you have a potential deal that the us has helped broker in Between israel and hamas to release some of the hostages Just for a humanity perspective. You hope that happens man, um, I haven't Most of the time the front pages of most of these news organizations are the war. But guess what open ai Yeah, they supplanted they cemented that one Uh, stay tuned folks. We'll talk some of the equities are moving this morning. We got markets in the red We'll be right back in three minutes TFNN has just launched their new trading room the tiger zen 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 And now they are expanding their reach with the tiger's den available to all tigers and tiger's for just one dollar for the year There's no cash or added costs when you join our community of traders in the tiger's den You can look over the shoulders of tom o brian and the other TFNN hosts while they analyze charts during their live tiger tv programs And join an interactive trading community with hundreds of members Exchanging ideas interact with other tigers and tiger's as they share trading ideas news analysis and discuss the market action All trading day even at night and on the weekends the tiger's den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of TFNN dot com 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? 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We have markets pretty much where we kicked off the session with the S&Ps off by 13 NASDAQ 100 off by about 80 out by about a hundred points in the red right now we jump to yield so you got Dollar weakness today. Okay. Kevin mentioned it. You have the tenure As we continue we're pushing 4.4. We might get a 4.3 handle by the time the program is done 4.4 is where we're sitting at right now. So it wouldn't take much This is the chart of the tenure up here, man. We've been talking about it for a while We were within that channel line. You broke above it. We were looking for the retest It doesn't get much more perfect than that man. You test that channel on on november 13th The last eight days alone you're up by almost two points as you're pushing 109 right now You're up by another five ticks in the tenure. You got yields at 4.4 percent Well off the 5 percent number that we had about a month ago So you've lost six tenths percent in a month just like that now I think that that is At least an area that we're going to get a little bit of a consolidation in okay I don't think that we might get the acceleration No, I don't think that one's gonna work buddy. That's a different show Hey, you know, you know, it's remarkable as I said we segue occasionally when we're doing the programs with tommy, right? You want a different show you want to go back there? So what's remarkable is You see the importance of thumbnails on youtube. Okay The best thumbnails out there Are the ones that are for sponsored videos and usually they're bringing you to an external website Is what they're doing You want he wants tractor tipping? And it's remarkable to see that when people are paying for that that they have fine tuned that thumbnail And so often the thumbnail that tommy wants to click on is the one that is the sponsored link that brings you to a website That is an external url And it's remarkable that they have perfected those thumbnails which lead to so many clicks You've seen some of these content creators out there talking about, you know Sometimes they'll put out a video and they'll put it out with 200 Different thumbnails to test that to choose the one that they're actually going to use To cause the algorithm to accelerate the clicks, etc. They use 200 sometimes even more. I'm sure You okay, would you like a drink you have your drink there if you'd like? Oh my goodness Let's get the ad Oh, which one we're gonna do the alligator one. Let's see if we can find it It's from between centers Jackson storm we get Jackson storm over here too And you get your number four car Okay, now s and p's off by about 15. Let's check in on the video before we jump around a bit You got new video shares trading down about a dollar. So we talk about yields. Now where I go with this is You know, I don't know if we're gonna see the 10-year climb about 5% folk Kevin talked about the two scenarios here, right in one scenario You get yields decreasing because the Fed is cutting because they've become too restrictive as inflation has calmed down and growth has calmed down a bit On the other side of that you have something breaking Maybe it's just the the economy in general breaking under the cost of capital, etc. And they would be cutting Sustained yields on a 10-year basis well above 5% may cause something to break And that I think is one of the Fed's biggest fears right now. You've heard chairman paul talk about it We've been talking about it on this program His last press conference at the beginning of november when they had their pause, okay He stated very clearly that the risks are now weighted To the side that they risk more by hiking And potentially doing harm to the economy than they do by pausing And letting inflation run out of control because even where they are right now They aren't a fairly restrictive policy rate now. That's their feeling nobody can be sure But the data is lining up that they would be correct if the data lines up in terms of we are in a restrictive policy That is causing inflation to cool. So therefore the risks are now greater weighted To the side that they risk more by hiking that I think puts a relative cap on that especially with the movement We've had recently. What do you think you agree? You think so? What do you think yields going up or down tommy? Uh Yells are coming up. We'll see folks. They might get back to that five percent though Now with that in mind though, okay, so you have action in the tenure you jump over the dollar index as we look at it We've just dropped from 107 to 103. Okay, pay attention to that one man. And what is that doing to commodities? Folks, if you haven't tried out the gold report yet check it out gold surging 27 dollars. We're back above 2000 bucks You can't go wrong folks head on over to the front page of tfnn Try out my dad's gold report You get it for 30 days with a money back guarantee if you don't like it you cancel You get a money back guarantee you get a refund you pay nothing over that time for your car That's bobby the number four. That's bobby, huh? He's got his cars Uh gold is rocking can't deny that great time to try out the gold report folks as we get the s and p's off by About 15 we jump over to disney shares disney quite a run recently from 80 to 94 We're backing off a bit with the market today back to 94 bucks Let's check in on some of the equities with their numbers best buy down about 4.2 percent We talked about abracame and fitch down about six percent coal shares down 11 percent be careful of coals Yeah, be careful of coals on that one And what else we got here? Let's see Whoops Yeah lows with their numbers off about three percent you spiked down to 191 We're back to 198 s and p's off by 16 nasdaq 100 now off triple digits Let's jump around to some of those other magnets and seven tesla shares catches a bit today up by 1.6 percent We jump over to meta shares down half a percent right now. Yeah amazon off 2.2 percent I don't know what happened at the beginning of the black friday week not sure um Microsoft giving back some of those gains of yesterday google shares in the positive by two tenths percent right now All right, let's see what else I had pulled up here. I got a couple articles. I just got to find them I'll hold McLean for you. Thank you Okay, october home sales likely fell to new 13 year low Pretty interesting right now. How does this market behave once interest rates drop when interest rates drop if interest rates drop Where'd he go? Is he right here? Is he on the ground did we drop him folks? No, I think he's right in your chair somewhere. Tommy. Let me see Now he dropped there he is. I got him There's no queen. Let's put your blanket down here for a second To show everybody Gotta have the blanky folks. We all got the blanky right Uh high prices and elevated mortgage rates have made home purchases less affordable. He's coming right back There they're racing You know, there is going to be part of this With the fact that what is going to happen when you have a supply release in the market when you have interest rates come down Many people not willing to put their houses up on the supply right now, right? That's causing low numbers yet high prices and uh Yeah, that's going to be a perplexing one to say the least Now this one is interesting. Okay, we're going to talk about this one We'll see if we make it through this segment. If not, we're going to finish it up on the back side of it If you're in cash Thank you. That's my i'm a queen. Thank you. Sure. I love racing You risk missing out bond managers of 2.5 trillion say And what this showing is and of course there's always an opportunity cost folks when you have a risk-free rate of return Okay, now these are talking about bonds no matter where you are though cash is risk-free rate of return I love racing. Tommy Go We're going to finish this one up when we come back folks. Stay tuned. We're going to talk some uh some Bonds some risk-free rate of returns some cash and some opportunity costs one more segment. Don't go away. Tell them We'll be right back Thank you the gold 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 u.s. Futures market and the shanghai gold exchange the gold report Tom o'brien 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 o'brien's gold report newsletter now at tfnn.com 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? 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That's tfnn.com and hit watch tiger tv Welcome back folks. We give the markets again pretty much right where we kicked off the trading session s&p is off by 13 Nasdaq 100 off by 79. Are you racing tommy? Look at what we got. Thanks to our man dunk and steve in the den folks If you haven't tried out the tigers den yet, please come in sign up. It's a dollar for the year That's just a way to validate who you are. So we keep out the spammers tommy Tommy you want to see where were we? So he sends me a picture of the good old south boston yacht club and yeah That is exactly where we were on the top of that balcony. Check it out, man Um, so we have the top floor And everyone's out on the balcony and join it now if you've never been to south boston folks So it's absolutely incredible is that it's basically right under the flight path for Logan airport So you got planes coming over you? Every three minutes sometimes there's two at a time coming over you We're sitting on the balcony a little cool little crisp That was saturday a little bit cool a little bit crisp, but absolutely amazing time and you know Being by the water checking it out being home and thanks for sending that over steve Yeah, that's it man right on the top couple doors and ways it works your way out And uh santa claus even played a trip to the o'brien reunion and southy for the children. You got to love it McQueen's fading and jumping back. So Talking about this bond deal real quick Just pay attention to the amount of money you have in money markets, man, right? You get yields coming back They're talking about opportunity costs here, you know, be careful in fixed income Because on a longer duration, okay The percentages are at still on a longer duration when you go back on a historical basis, okay They are not at extremes. They're at extremes since 2002 right since 2008 They're not at extremes on a historical basis But boy and this references the amount of money that is available For money markets and this article goes back to last week, but 5.73 trillion. There's the climb Uh, absolutely remarkable how many people pulled out of the stock market during covid right look at that climb You had what a solid trillion plus dollars that got put into money market funds as the economy plummeted nonetheless You're talking about 5.7 trillion dollars in money markets. All right, Tommy folks. Thanks so much for tuning in Stay tuned basil's up next live programming all day my dad's back from three till four and what are we gonna say folks? Say bye everybody. See you next time See you next time Hey, look at the camera. Bye folks. See you next time See you next time. Love you buddy. Bye folks. Thanks for tuning in. Have a great day folks. See you tomorrow