 Welcome, folks. This is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the Internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever your focus on grows. Hope you're having a great day, safe day. It's going to be a great night, folks. I'm going to change that promo. Tommy's two years old. Always do your best. Express your own divinity. You don't need the acceptance of others. You don't need knowledge or great philosophy concepts. You have the right to be you and to express your own divinity by being alive, loving yourself and loving others. Muggerdwise! Let's take a look at it out here. We have the Dow Industries down 243, Nasdaq up 44, S&P's down 21. Gold. Gold contract down $3.90, trading at 2,000 flat. You get Silver up 3 cents, $25, 12 cents a ounce, LightSuite Crew down 280, trading $74.30 a barrel, notes and bonds. A 10-year note, down 6 ticks, trading 115.19, the 30-year down 18 at 131.26 and King Dollar. King Dollar down 401 ticks, trading 101.462. The euro is out here at 110. The yen is at 133 and the British pound is at 124 to one US dollar. Our phone number is 877-927-6648. Give us a call, folks. I know what's going on in your world. In the world of the S&P's, let's take a look at them. What do you have? Well, you get a market that wants lower price. You know, we've barely had a sideways market out here today. Not too much action. You had it going back and forth, about, I don't know, about a couple hours ago, the S&P gave it up. Bottom line is that what you have here is that the spies at 404, that thing wants to run down to the lower end of this consolidation that we have right here, which is the 380 mark. We go to the NBX100. This is the cool one now because the reality is that if the market was going to go, the bottom line had every chance to go out here today because you had Microsoft come out with numbers, Microsoft up about 20 bucks. Google came out. Google couldn't hold price. Google has a 50 billion dollar buyback and it couldn't hold price. That, folks, says quite a bit. Microsoft, I mean, the Qs, the Qs got the 314.93 couldn't hold price. Closing in the bar again, that's saying the Qs want to run down to this, God, I need better glasses, 285. And right now you're at 311. We're going to go to the dollar next. Why the dollar? Because the dollar is still running things out here, folks. When we go to the dollar, what you're going to see out here is that when we were getting smoked yesterday on the way down, what we had is this, is that you had the dollar basically not moving a huge amount, but we moved 800 ticks. And then today it gave it up totally. And what I had just said in the update, this is how bottoms are actually made, though. When I say a bottom, I just expect the counter turn bouncing again. Your benchmark here is that 101.546. That's where we came off the last bottom. It's not the low, but that's where the strength came in. You got up to the 106 area. You come all the way back down to the 100 area. And this is just deviant enough that that's telling me this wants to still go. So we'll see where the whole thing's going to shake out. And you know, you have two more days in the week. And I expect you're still going to have some good volatility. The bond market, 1.5 million contracts out here. That's a lot of contract volume, folks, okay? This bond market looks like it's going to do an ABC structure up, meaning higher price, lower yield. And the volume's not bad out here today either. Yesterday we did 1.7 million contracts. Today we did 1.5. And then if we go to the gold contract, gold's holding up big time. Gold has done 200,000 contracts today. 226. And you don't have much movement. This is when it's subtle, though. The bottom line, gold, that's telling me that, you know, no matter what the dollar wants to do, this looks to me like gold still wants to go, which is pretty wild. We go into the silver contract. We take a look at the silver contract. Inside the silver contract right now, that's holding up too. 52,000 contracts. That's a good contract. And then if we go to the bank, FRC, bottom line, this one here, I can't wait to hear what the real story is on this. So I'll pitch this. First Republic, folks, okay? This is down another $2.48. The Federal Reserve, bottom line, they just leaked the story that, you know, so pitch this. Two days ago, the stock was at $16. We're at 562. Well, the Fed just leaked the story that they're thinking of shutting the window on them, okay? And the story goes like this, okay? You got to check this out, because this doesn't come out of nowhere. US Bank regulates away in the prospect of downgrading their private assessment of first Republic Bank, a move that may curb the troubled firms access to their lending facilities, okay? That says it all. And then, you know, it goes on saying, okay, they haven't done it yet, and they don't know the person that said this, and guess what? They leaked the story because there's something that's happening in FRC, First Republic, that actually doesn't make any sense at all. We know that they're bankrupt, okay? And this just keeps getting cut in half day after day after day. The amount of money that's going to be lost, I mean, Tom, we were talking about this morning, would you really keep your money in this thing? That doesn't even make any sense. So, this something happening here, and I suspect what we really have there is the aspect of that's what people get nervous, and that's why you saw that market basically turn around, you know, noon. And I think the nervousness, folks, actually has to do with incompetence, okay? Because there's either a connection into First Republic, meaning to other banks that the market can get hit. There's something that's there, man. It just doesn't make any sense. Picture it. Signature bank, they took out in, what, 24 hours, 48 hours? This has been, what day is this? This is what we're talking about. We're going on like a couple months with, yeah. We're going, this that's falling apart February 7th. February? Yeah, February 7th. No, March 7th. March 7th. It's not falling apart March 7th, okay? That doesn't even make any sense, okay? That's saying that, you know, there's something else that's there, but I guess what? If this is in business tomorrow, I suspect it's going to get cut in half again and again and again. Dow. Dow industries right now, down 218, that's except 57, S&P's down 16. Stay right there, folks. We'll come right back. 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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. 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