 is a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648. Internationally at 727-873-7618. Let's go to Andy in Boulder, Colorado. Hey, Andy, what's going on, brother? How much are you telling how you've done? I'm great, man, yourself? Pretty good, hey, congratulations on the grand baby. Yes, thank you, I know. Tommy just sent me a picture. I mean, it's gorgeous out right now. He just was taking off for his first walk in Suarez. All right. He's prowling and prowling already. Yeah, I bet. Now, Tom O'Brien. 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 in the internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever. You focus on growth. I hope everyone's having a great day, safe day. Let's make a great night, folks. Let's take a look at one of our four agreements. To master love, you have to practice love. The out of relationship is a whole mastery, and the only way to reach mastery is with practice. To master relationship is therefore about action, not about attaining knowledge. Mugger wise, let's take a look at it out here. We have the Dow Industries down 428. NASDAQ is off 449. S&P is off 93. Gold contract down $3.30 at 1807 an ounce. We have silver down 31 cents. $22.39 an ounce. Light sweet crude up a buck 97. Trading $90.23 a barrel. Notes and bonds. The 10-year note right now trading down 14 ticks. 127.22, the 30-year offer full point at 155 flat. And King dollar. King dollars down 564 ticks. Trading 95, 372. Euros at 114. Yen is at 114.90, and the British pound is at 135 to one US dollar. Our phone number is 877-927-6648. Give us a call, folks. One note's going on in your world. In the world of the S&Ps, let's take a look. And what do you have? Well, we got quite a day out here, that's for sure. Now, what's so intriguing, big time, though, is that your price destruction, you don't have volume behind the move. So people are nervous. There's no two ways about that. When you take a look at this, what you're gonna see here, well here, let me show you something else too first. This is pretty cool. When I was looking at this this morning, okay? So what we did, folks, is that, you know, we went to just about an exact 0.382, I mean a 0.618 off the bottom. Now the way this works, okay, so Fibonacci contraction expansion theory. When you go to a 0.618 off the bottom, that's a strong bounce. And when you do a 0.618, what that also says is that you're not gonna go bust the bottom on the first leg back down. When I put that together with the amount of light volume out here today, it's like, okay, we get jobs numbers tomorrow. We know jobs numbers are gonna be no good. Maybe they bring it down to 0.442 or 0.447. You get light volume. That's saying we're not done on the way up yet either. Pretty wild man, I mean. And the NASDAQ goes right along with it. If we take a look at the NVX100, what you're gonna see, destruction no doubt. Bottom line, we closed last night at the 3Qs with 368. You're trading right now down at 355. And the 3Qs will have more volume, okay? But this is what you have. As you're coming down, you're coming down into the highs of the lows that we had traded for five days. And it's gonna be really tough to get through those whole levels. The first level is at 353 to 352. We'll see how the baby shakes out, but that's how that's laid out right now. Gold, we look at the gold contract. You heard what I said when we were doing the update. This one was really intriguing. It always blows my mind what they can do inside of the gold market. And the thing that's amazing today though, this is what was so amazing about it, is that, so let's take a look at it. So right now gold is down $3.70, okay? When you look at this intraday, look at this intraday at a, let's see what time is it? What's that, nine o'clock? No, 11 o'clock once. At 9.50, at 9.50, okay, the bottom line is that they took the gold contract down big, right? And the amazing part about it is that as that was going down, the Bank of England was raising rates and the dollar was tanking beyond belief. So I was like, okay, man, needless to say folks, okay? It took all of a few minutes down at the bottom, and it takes off like a rocket ship from 1788 all the way up to this 1806. So more than likely, what this was all about is that the bank of England was raising rates that that was just to shake out, get as many people, this is in the futures market now, okay? That thing is brutal. This is actually traded like silver today. Bottom line, check it out. They probably had all the bids down underneath. You can see the first leg down took you to 1789. You know, so there's probably bids down there, shake it out, they wanted it cheaper, brought it all the way back top side. We go to the dollar. We take a look at the dollar. What you're going to see inside the dollar is you're getting real follow through downtown. You know, we were talking about the false break top side, bottom line, and four days, which is pretty amazing actually, you're almost down to the lowest swing point, which is the 96, 629. You know, the dollar today is, we're down 563 ticks, but from the tops to the lows, excuse me folks, we are down over 700, 800 ticks. This dollar might take care, we want to get out 89. That's where this wants to go. If we go over to the Euro, we take a look at the Euro, what you're going to see is just the opposite. Euro goes top side in a big way. Bottom line, Euro is up 129 ticks. We're at 114, and this will stop making its way into the 115. Once you get to 115, next move up there is 119. We go take a look at the British pound. British pound out here. This is up 15 ticks, not as much as the Euro, but bottom line is it's up. That is looking for the top of its range, which is 137 up to the 139. Yen, let's go look at the Yen. Now the Yen went the opposite way, meaning the Yen got stronger. We're 45 ticks inside the Yen, and we'll see how that shakes out. The Yen didn't break down, that's for sure. So we'll see how that Yen was doing. Let's go take a look at some of the higher volume equities, and we get a lot of them. So it's going to be really interesting here. Big deal out here, Facebook. Meta platforms, that's down 86 bucks. You get Snap off $7. You have Apple off of $1.46. PayPal's down $8.20. You get Nvidia down 870, Qualcomm's down 550. Low Blocks is down 480. You get Block down 13. You get Uber Technologies off 2. So what we do see out here is they're whacking the growth stocks in a monster way. Now let's go over to Amazon, because what we are going to have after the close out here, Amazon's going to come out with numbers. Amazon is going to be, Amazon's down 228 bucks right now. Amazon is going to be looking to bring $137 billion to the top line, and they're going to be looking for $3.70 to the bottom line. The difference with Amazon, this is really, so watch. They've already told folks that, hey, listen, we're going to make a lot less money, and you took in a much higher gross. So we'll see how this market reacts when Amazon comes out. And what Amazon does, Amazon comes out with the numbers split seconds after the four o'clock timeframe. Stay right there folks, come right back. 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 market's 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 What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market profile based scanner. 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I mean, you take a look at this and what is this? December 2nd, we're at $62, we're at $90, and when you do go, look at that swing point, folks, the bottom line is we'll put the continuous contract together. What you're going to see out here, what you're going to see out here when we put this up, I'll put this on, I got to put it out a monthly, but you're going to see that you broke the consolidation that it had been in. Bottom line, the next swing up here is, there's a lot of flak up here, but it's $107, $112. That's $114. That's where this baby, once you lift it off this $76, it's like, okay, man, you're not going to stop in the middle of the staircase. That's kind of how this baby shakes out. Let's go take a look at Square. So Square, which is called Block Now, this little baby is on the verge of doing an ABC down. This is pretty intense, man. I don't think you're going to get the volume today. You have to get $7 million into the close, but if you ever did, this would be one monster, one down. Let me see on a weekly. So no, on a weekly, this has been a one way down, too. What's going to get interesting here, so I want to go back to the MDX for a second. So when you actually start going through a lot of the MDX stocks, folks, okay, what you have is this. They're getting fast price destruction going today, but it doesn't have volume on the way down. When I look at a lot of the equities that are already inside the MDX, you get your mind blown as to how many of them are already down over basically 60%. So this is going to get really intriguing. Number one, as to where we're at in the marketplace, meaning is this going to be just a bounce and wants another leg down because we're still pretty far away from the leg that we did. And that swing low, you know, if we take a look at this, you're going to see the swing low is 334. And so well, we're 22 points away from it. That's not, well, that's not the fire actually, because we're down 11 and a half right now. But as I said, when we were down there, this test is way too fast. That's the bottom line. You know, there's only so many sellers. And you know, the hard thing to comprehend in a way is that, okay, well, how are you down so far? But there's only so many sellers. So what does happen, folks, is this is that once the market can get going south, which they got it going today, right? Because what you had is, of course, Facebook was open and down $75. What ends up happening is that what you have then is that you don't have any buyers and the spreads are getting bigger and there's no bids out there. That's kind of, I suspect what we had happening out here. What's going to be really intriguing now tomorrow is this is the aspect of we have the George number. We know it's going to be bad because you get on the ground all over the place in January, closing places, not closing places down, but people not being able to go to work. That being said, the real question is going to be is that do you go into a low tomorrow? Do you go at the high of the low? You reject it and then we go back to upside again. It's going to get so intriguing, man, just watching this whole thing play out. Netflix, NFLX, let's go take a look at some of these high flies. You take a look at Netflix out here. Would you have you down? See, this is a classic, man. This is that the more I keep looking at this, this to me, okay, is not going to be, first of all, I don't see us getting to those lows, not Netflix. I'm talking on the broad market, and in fact, we're still going to get bounced as high up because Netflix is a classic. Look at this. So Netflix down 20 bucks, you know, what Netflix had on Tuesday is that you got a little bit higher with volume. What you have out here today is your back 20 bucks, 7.4 million. Well, 7.4 is going into 20. You know, big number, man. I just don't see it. Well, what you do have, let's go take a look at poor Kathy Wood is getting smoked, and it's got to be brutal. Her fund, folks, what happens is that every day you know what she has done because that's how the fund works, okay? And unfortunately, what she did, and this is what's really wild, man, what she did, okay, so here, watch this. This was yesterday, and this is like brutal. So Kathy Wood dumped more PayPal shares yesterday, and then when she dumped them though, she sold 158,000 shares of PayPal yesterday. As she was doing that, she bought a half million shares of Square. So it's like, oh, man, you got to be kidding me. And of course, Square today is down $11.90. This thing is like trying to do an ABC down. If we bring this back and put this on a monthly, you know, Square wants to run down $84. You're at $104 right now. So this is going to be a real problem for that fund. To get back to my point about the aspect of actually how many equities inside the NDX100 have already come down 60, 70%. Let's get a mic in Hampton, New Hampshire. Hey, Mike, what's going on? You know, I'm really concerned or I'm really questioning DocuSign. I'm not in it yet, but I'm looking to get in and it's been 110 up to 127 in the last five days and now it's back down to 115. Okay, so I'm really not sure what to think of it. Let's take a look. So DocuSign, the low for the year is 108. The high is 314. PE is 54. Okay, so let's put this on a weekly. Okay, so you have... Yeah, I wouldn't be touching this. So let me just show you something and you can see this. When you come down like this, you know, this stocks off the high of 314, right? You see that? Like you see where we are right now? Like if you watch on Tiger TV, you know, yeah. So what happens and this is where, you know, you're not at any type of floor. And the way I always look at a market, folks, okay, I look at it like three-deckers, just because I grew up in South Boston and there's three-deckers all over the place, but you can do that anyway. I know, but it's... What happens is this. So picture this. Let's just say we get a three-decker, right? And you're walking down the stairs, right? And how many times do you walk down the stair and then before you hit a landing, turn around and go back up? You know, and you can see the landing on this is down at 88 bucks, you know? So I kind of just wait till that gets to that level, man, because there's nothing hanging in this here. If you get a bounce, it's going to be strictly a bounce. This actually looks like it's setting up an ABC structure down. If it is, it's 159. Oh man, it's at 50.8 to B. That gives you a $75 stock, which you can go to. Yeah. The last low out here is 64 bucks. So that's really saying that, you know, it hasn't broken the B yet, but you can see, you know, that leg down. So... And they have a lot of competition, man. I mean, I signed documents, you know, electronically quite a bit. And you can see attorneys are always sending over a lot of other things besides DocuCom. Do you know what I'm saying? DocuSign. Yeah. Yeah. Cooking Brother. Okay. You can stay there if you get another question. Just stay right there. Be right back. Stay right there, folks. Come right back. But having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den Trading Room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with these sharpest minds in the trading world. 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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 guardleaf, 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. Welcome back, folks of Dow. Dow's off $400, Nasdaq's off $445, S&P's off $89. Let's go to our man, Tom in Pittsburgh. Tom, what's going on, brother? We're getting a night storm here, but you're lucky to be in the cold. You are, huh? I know it was raining up there, yeah. So it's that cold. Yeah, interesting. Well, yes, it's in the low 30s, but folks get colder than night in the rain doing kind of that ice heat. I mean, you know the deal, you know what's up, you know what? No, and I definitely know it today because my daughter's been here, and she just left, and she's going to the airport to fly back to Boston. And I was looking at it, so it's good that I don't believe it's going to be hitting Boston until later tonight. You know, so she'll get out of here, of course, it's gorgeous here today, but yeah. I've lived in Florida for many years, and this is the time of year I'm here in Florida. I know. There's no doubt, man. There's no doubt. So what are we going to look at today? Okay, so check this out, folks. This is pretty cool. Now, a trader actually opened another ETF, and this ETF specifically just shots Cathie Woods ARK Innovation ETF. Okay, so watch this. This is crazy. Not crazy. This is where it is. But when we take a look at this, you're going to see the 52-week low. This is a brand new one. It's 29. The high is 53. And what you're going to see here, well, one second. There we go. This way. When we put this up, the bottom line is that this has been a one-way trip in the last six months, 31, all the way up to 53. And yeah, the thing wants to go back to 53. What I would do is this. I would wait for some kind of super bounce before you did that, because you can see already, I mean, that has exploded topside. And her fund has gone one way, meaning one way and the way down. Okay? Let's see. Yeah, in November to September. Yeah, in 90 days, we've gone from $124, and we hit $64 like four days ago. So I think it's going to be a good idea. Okay, but I wouldn't be shorting it right now. And the reason I think it's a good idea, I'm sorry, what would you say, Tom? Okay, so for SARK, you wouldn't be buying it right now. I would not. Because when you're buying SARK, immediately, that's correct. Yeah. And yeah, is it going to be more destruction? Yes, there is. But, you know, when you shot something, you really want to shot something when you get a nice bounce going upside, so that at least you'd, you know, shots after something's been broken down so dramatically, which this is, we'll get a bounce and she'll get a bounce. There's a couple of different problems with, I'd say with her fund in general, okay? And the biggest one is that I'm sure most of you folks know because you've been around a long time is, you know, she had all the high flyers and all the high flyers, no doubt, are great when they're great. But when they're gone, meaning, and they're blown up, some of them will not come back. That's that's how a high flyer works. That means it won't come back. Let me just show you. So I want to see something crazy, folks, watch this. Okay, so this morning, I was on TD Ameritrade and I was going to pick out three stocks a month for a half hour and all that. Well, I'll just show you what even money managers are going to do. You get Newcore, right? Newcore is up 41 cents. I went for commodity stocks out here today on the TD Ameritrade Network. Well, Newcore, so check this out. This is what's really crazy. Newcore wants a higher price. And that only is a six and a half PE, right? That's amazing. You get Mosaic. I picked Mosaic out. That has, I believe, an eight and a half PE. And let me see. Is it eight and a half? That's eight and a half. And what was the last one I picked out? Oh, Bungie, BG. I did a whole commodity deal. So there's going to be plenty of money managers also that are going to be out of a lot of those equities. They won't get back in them. And, you know, they were at valuations anyway that, you know, what knows bleeds valuations, that makes zero sense, you know? I mean, just the thing that's intriguing, like Square. Square still has a PE of 60, you know? So this thing can go a lot lower, man. You know, and there's a lot of stocks in there that I like that. But that being said, you know, I would still wait a bit, you know? Either that or if you, the other side of it, you could put a tight stop on it. I mean, it's really a neat way of doing it. There's no doubt about that. Because what Tom's saying, folks, is that this title, I think it's title, right? The title? Yeah, title, capital shot innovation ETF. You know, because it's an ETF, you know, you could put it just a stop, like, underneath the gap from this morning. 45, 83. You could go that way, you know? And that way, it wouldn't be too much destruction. I just happen to like selling bounces that get pretty high in general. But you're on the right trail, man. That's the bottom line. Okay, I'll keep an eye on it. I'll watch for a balance on part. Now, one way of saying, now, let's talk about something really important. Pizza. Ah, pizza, good. Hey, I work with a woman up in Schoad, and she's all Irish. Yeah. Her nickname's Lisa Pizza. She says that wasn't cafe pizza, the best pizza in Boston? No, you got, no, it's a shame. I haven't been to pleasant. But the two best pizza places I know, Regener and Santapio. Regener is on Thatcher Street, Santapio, you take the exit right for the tunnel. I forget which, yeah, in Santapio, they're both amazing pizzas. I just haven't been to a pleasant cafe. But if you go into Boston, you know, I would suggest you go to either one of those places. If you go to Regener's, the way you do it is that, and this is really cool, folks in general, okay, is the there's always going to be a line outside. But what you should do, look through the window, there's a bar there, right? And there's always seats there. So you just walk up to the line and say, Hey, man, can I sit at the bar? Oh, yeah, yeah, you can sit at the bar. And people just don't do it. You know what I mean? So if you buy yourself with one person, sometimes it works out very well. And Santapio's, what Santapio said, they have two totally different pizzas, too. It just happens to be that they're both really great, man. Yeah, she, she likes Regener. Yeah. She says pleasant, pleasant cafe pizzas, I wonder where that is. I'll have to find out. Yeah, get the goop. That's right, Steve Rhodes. I love it. And thank you, Steve. And then at Regener's, make sure you're out of the goop. And when you're out of the goop, this is what they'll they'll know that you have probably been around there for 20 or 30 years, because they don't tell anyone that they have this goop that they make. And what it is, it's pretty cool. It's a it's garlic. It's oil, chili oil, that's that's mixed together. It's absolutely awesome, man. Okay, man, thanks to Colin. Have a great one. Have a safe one. We got everyone hungry now. Dow, Dow Industries right now down 475. You get the Nasdaq off 497. S&Ps are off 101. Stay right there, folks. Come right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. 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Try it risk-free today with our 30-day money back guarantee. tfnn educating investors. Biotech is booming but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD directions daily S&P Biotech three times bull and bear ETFs. Visit directioninvestments.com slash biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact direction shares at 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. Welcome back folks. So now down 440, now that it's up 460, S&P's down 96. Let me show you something else here too because what it looks like we're also going to have folks is that the index volume is also going to be lighter. And if that's what we get the bottom line is that yeah this is a price destruction but we're going to go higher. You can see we are 578 right now inside the NYSE that's saying that yeah it might do a billion and it should but if it ever does like 900 million the bottom line is that we're going higher like ASAP if we take it and that could be the jobs number even though we know it's going to be a bad jobs number. If we take a look at the NASDAQ composite the composite right now is at 3.4 that the composite's going to do less than yesterday. The composite is not going to do 1.2 billion at the close you know that's that's how this baby is set up so we'll see how it shakes out. If we go take a look at Nike for one of the targets out here bottom line that I would you know one of the targets got some puts on it as a day trade and you're up good money. I take it man I take it down in a second because what you have here you can you can see this there's not enough sellers man you know you two Wednesday what they'll face Thursday Tuesday you did 6.6 million you're at 3.4 right now and you're going at the six you're going into 9.7 I don't see it just don't see it. FCX Freeport Mac Moran we take a look at Freeport Mac Moran this baby looks like a small ABC structure up that's what it looks like by the way all the gold stocks are doing the gold stocks move lower and they've got all small ABC structures on the way up that's how they that's how they're laying out so that's FCX let's see DVN this is Devron this thing is flying right is this Devron yeah so this is okay this baby here you know you're down 12 cents now this this looks to me like this is going to break out I did this yeah this thing wants to break out this thing wants to break the next leg on this thing is something like 76 right now you're at 53 we go to the SLV we take a look at the SLV that's the silvery TF that that I said watch what this one did this one came into the last swing low and bottom line rejected lower price you're going higher we take a look at the GDX you're going to see the same type of setup inside the GDX GDX you know get down to 29.94 or 30.27 monster contraction of volume you know bottom line is that 13 million versus you're going against 32 or 22 rather they would they want higher price that there's no doubt the Halliburton let's go take a look at Halliburton Halliburton out right here that wants higher price too this is well Halliburton's an ABC up let me see this oh yeah so you got an ABC up yeah once so 29 bucks 22.6 let's say 650 that's 34 bucks it hit 32 this is an AB this is a confirmed ABC up to 34 let me just see what's up there we take this put this on a monthly okay got inside the larger range I mean this is this is game now to yeah 57 you're at 31 you know so bottom line is that that can go a lot higher in fact I oh look at this on this is not this is actually a weekly ABC up to one second 25 oh man it's a 20.8 B that's 37 okay we're 31 this on a weekly Halliburton's the ABC structure up to 37 on a weekly ABC structure on the way up so there's some there's some action here man and the real question's got to be what does Amazon do tonight this is where this is going to get really wild so the you know Amazon had the high volume low and unfortunately what happened let's bring this up put this on I think I can put it on a weekly no I don't have to put it on a monthly so when we're talking about that 28 2782 I think it was 2872 that's what it was 2872 that was that was a low that was established in September of 2020 then what we did yeah see this low has to be tested man this is going to be a tough one man because if if Amazon bottom line you know doesn't doesn't make it and this is an ABC down it'll be a monster one man and then what would be game would be 2466 that's that's the next thing that is down at those at those levels man that's that's the bottom line you know we'll see where this shakes out let me put this on a monthly for a second so on a monthly it came down let's see it's 127 million oh it's only 76 million it's interesting it's going to be a tough one you know uh and yeah as well Lord Bezos saved the earth and saved the market you know he passed this off right on time and it looks like you you know actually when you look at folks all the selling that was done at the highs right the CEOs we talked about it whether it's Tesla whether it was Bezos you know they were all Mike and then Deller at Microsoft they were pushing this all that paper out like beyond belief I mean you know and the bottom line is that you know when you have companies that are being run by CEOs and they push it out you got to pay attention to it look at Musk I mean Musk is the one that really like Mike might take on Musk folks okay is he just kind of laughs at the rest of the world you know in a bad way but that's that's the reality um he's he's cute enough um you know he's got those quirks and all that but the bottom line he takes people to the cleaners I mean in a monster way too and he definitely took people to the cleaners um and the amount of paper that he pushed out on you know folks that you know just think that you know stocks can only go up well the bottom line is that that we know that that is not the way it goes but you know when you haven't done this for a long period of time and things have been going up for so long guess what you know you get caught in the middle of it and it's trouble and it's trouble in paradise the uh quail calm let's go take a look at quail calm quail calm came out with numbers last night uh the the numbers were a little shot uh except for the phones the phones were good uh in bottom line quail calm get to 192 today it's at 180 and now this this here still wants higher price this is I love something like this see how we pushed higher you have volume but then gave it up in price you've heard me say this a dozen times when you go to a higher number you give it up in volume most times you go right back top side that's how this is shaking out and this is actually it's down seven and a half dollars but it's no it's for a day like today if you can find any equities folks that's when I was doing the deal with the TD Ameritrade this morning the bottom line that's why I went to commodity business because when you you can really learn a lot in a market like this because what you want to see is that okay what is if it's not green what is just down a little no stay right there folks that one just feels right now down 537 you get the nasdaq off 526 s and p's off 108 we'll come right back 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 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mortgage the tiger first mortgage program may be just the program for you the tiger first mortgage program pays 7 per year paid monthly for more information you can call 877-518-9190 that's 877-518-9190 don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv welcome back folks dows off 542 naziq 546 s&p is 110 i have facebook up here and check you know there's not as well these poor folks that are in yes there's huge destruction there but you can see capital uh credit swiss that's a tough one credit credit swiss has bought 296 000 shares adding to their position uh yesterday and let me see if you got any others that did that i'm sure there's plenty of folks not plenty of folks that folks did uh but the bottom line is that uh i was just looking for some larger players and where they stand uh bottom line is you're gonna you're gonna close out lows so let me see what we have here this is gonna this tick's going to be insane out here today for sure so if we take a look at the tick it at minus 1731 and then we get into the trend the trend to the trend's only a dollar four man that's not big that that's that is not big that trend should be a lot a lot bigger than that folks so what we have out here today folks is this we know that the jobs number is going to be no good as a couple tiger says it's probably going to be good for the marketplace what the jobs number is going to be good for is the bottom line they're not going to be able to go up as many times on interest rate structures as some market participants say they are that and on top of this type of financial destruction on the way down the bottom line is that that's going to slow things down in a big way and there's one thing of wanting to do something and there's a whole another thing of exactly what you can do okay and in this particular case you can only move so much that's how this baby is shaken up so you know as I said a little bit earlier the aspect of the you have the huge contraction with volume so when you have the contraction with volume can let's go look at this quick so the s&p might take is just not an abc structure down right now because if we go if we happen to go after that low right now meaning a couple days going after it you load the boat on a long position folks okay because it's way too many yeah it just would be too quick that's the bottom line all you know the folks the bank and the boat can run you over and thank god there's always another trade health tap is a prosperity of a great night safe night please come back watch Tommy tomorrow morning check him out nine o'clock