 Welcome folks, this is Tom O'Brien of TFNN. We have five days a week, we've got 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 you focus on grows. Hope everyone's having a great day, safe day. It's making a great week, folks. Always do your best, but don't overdo. When you overdo, you deplete your body and you go against yourself and it'll take longer to accomplish your goals. Knock it wise, let's take a look at it out here. We have the Dow Industries down 70, Nasdaq's off 98, S&P's down 26, Gold contract down $33.50, trading at $16.75 an ounce. We have Silver down 61 cents, $19.64 an ounce, LightSuite crewed up $1.65, $90.98. Kingdollar, Kingdollars up 369, tick-straight in 113, 162, the Euro's at 97, the Yens at 145 and the British pound is at $1.10 to $1 at U.S. Dollar. Bond markets are closed out here today. Our phone number's 877-927-6648. It was called, folks, on the what's going on in your world. The world of the S&P's, let's take a look at it. And what do you have? Well, bottom line, folks, is that you get a start of a bounce. You know, what we have out here, you get the spy today made it to $357. Now, the last low that was out there was $357.04. We went to $357.60, we rejected lower price there. I really want to see this inside the trading day of the 17th of June. That's your benchmark. That's the benchmark that you should be looking at out here. We had 111 million shares there. We did come down lower with 153, no doubt. And that's why I'm saying, this could have been the test of this, but if it is, you want it inside what the lower high volume day was. And that is $362.17. You know, which we can make today, by the way, okay? Because the bottom line is that this market looks to me like it wants to bounce. NDX100, same type of setup. Now we take a look at the NDX100. This needs higher price, too. We got down to $363.00, I rejected it. It's going to have light of awe, and we're $266.00. You want to see this one get into $269.28. When we started out the day, folks, this could have been a real problem if you're bullish. If you're bullish, this is a much better scenario that we're going to get a bounce here. When we started out the day, it was basically, you know, you had higher price. And if we went higher with this lighter volume, it would have been a total disaster, because more than likely it would have been building cars for the next leg down. Now, when you line up kind of where we are, my take is that we really can get a decent bounce going here. You had the first little fracture come out inside the Fed, and that's why you saw a bounce intraday out here. It was Lyle Branded, one of the Fed governors, bottom line. She's been hawkish, okay? And she came out with the aspect that, well, you know, we got to watch the liquidity incidents. When the Federal Reserve or any bankers, you know, mostly bankers, the market in general, when they start talking about a liquidity event, folks, they're not talking about a liquidity event between UI or anyone else that basically is, you know, having cash flow problems. What they're talking about specifically is banks that can get taken down in two seconds flat. And the reason is that each and every time the bottom line is that they don't supposed to be over leveraged, this or that, and every single time they're over leveraged. That's the bottom line. So when you see the aspect of bonds move so quickly, there's always someone that, you know, think that you can't get pullbacks of five to 6% inside the bond markets. Now, our banks are no doubt strong, okay? Because of the test on a continual basis. That being said, though, the bottom line, if you get a European bank, it's it. You don't know how much our banks are into European banks. That's kind of this whole thing goes. So that was the first blurp out of a Fed official that, yeah, we might have liquidity events. The bottom line is, folks, they're never gonna say we're gonna go into a recession. You know, I suspect we are. I mean, they're gonna force this until a recession's out there. That's my take on it. Gold, gold contract pulling back with light of volume. You get gold contract, 142,000 contracts. Now, what's really cool in the gold market is this. Is that, so you're coming back into strength and that's how you wanna operate, man. That's the bottom line. Gold, right now, we're at 1675, we went to 1672, and this will probably test the 1671 tomorrow. That's how it's probably set up. You have 148,000 contracts. That's shot contract volume coming back into the 215,000. The low of that 215 is 1666. So you can actually get to 1666. We only got to 1672 out here. Dollar, the dollar is the king here, man. There's no doubt about it. This dollar bottom line is looking to get up into the highs. Now, the intriguing part about this today, okay? So picture what ends up happening, folks, okay? Our bond market, you know, yeah, let me show you something here for a second. It's because this is pretty cool. WB, you wanna see, okay. So these are the rates, okay? When you're taking a look across the world, right? Well, you can see on the tenure, we're at 3.8. And the United Kingdom is at 4.4. The differential at France is at 2. You can see Italy's at 4. The differential is huge, meaning that people are gonna keep, if they wanna buy the tenure, they're gonna first cash dollars in to buy the tenure, okay? Now, what's intriguing today is that the bond market's closed so that it's not folks cashing in dollars to collect. And that just means people are buying the dollar still. Now, if we look at the two-year, you're gonna see our two-year is basically higher than anyone in the world right now. So where is that money gonna go? That's why you're gonna see it. You're gonna, that two-year right now is 4.3%. So if you want two different things, so check out what happens. You want two different things. You want 4.3% for two years, right? And you're overseas, the bottom line, you gotta change it into dollars, you buy it, and that's the highest interest rate in the world right now. Well, for a two-year and the scale that I have up there, that's where it comes down to. Our phone number's 877-927-6648. We have the Dow. Dow Industries right now, down 12, Nasdaq's off 79, S&P's off 20. Stay right there folks, come right back.