 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. Looking good, Billy Ray, feeling good, Lewis. The wheels have fallen off the covered wagon here in Tucson, folks. My computer has died. I have no more Skype, no more data, Zippo, Bupskis. I've got a new one sitting here that I've got to get fired up, but it looks like it's finally passed on. So there's a couple of, Shane Schmoen is going to be taking over here at the first break, because he was our regular guest and he's got some extra things to talk about, but I want to alert you to a couple of things, folks. When you see what happened in Avis yesterday and what's happening with the Russell today, be very, very careful being short any of these markets at these levels. You can be short all you want as long as you put a stop in, because this could be an area where we go into a blow off phase like makes 2019-29 look like nothing. When they can take Avis for 175 up to 570, they, whoever they are, can do anything. So be very, very careful. I had a really great chart to show you on Avis and what was happening there, and I'll be covering that on the live trading day of November the 10th on how to handle these really crazy markets. And I really believe, because the feds in there today, they might be something just really super crazy, and the market might act exactly the opposite of where you might think it might act. So make sure you put your stops in here. We've made new highs in all of these indices, and that doesn't mean they're going to stop here. They could be in a spectacular blow off move, because we're in a parabolic move here, of course, and in this final, whatever this wave is, it's final. That much I'm 100% sure of, but final could last for three or four months or three or four years. We don't know that. So those are just a few of the things that I wanted to share with you today. Also, they were talking, I was going to show you the relationship between what happened with Avis yesterday and Bed Bath and Beyond today, and a lot of this is related to these meme and Robin Hood and all these things, but that's the game we play now, folks. We've seen this before. Also, I wanted to bring to your attention the fact that that ZS pattern that we had looked at at 320, that got all the way up to 329 today. So that one also had failed. So we're in an area I don't even know where Tesla is. Tesla could go anywhere, because once it clears 1250, there's nothing up there with a blue sky. So just be very, very careful in here. We've been very, very close to the gold market here. I missed the fail in that yesterday by a hair, and it's down about $20-some today. I'm not too happy about that, but that's neither here nor there. I'm going from my memory of the charts that I prepared for today. If you remember, we looked at the one on wheat yesterday. It's broken about $0.23 from the high that we had looked at. We thank David White for posting that on his wheat pattern that he uses for with Tom O'Brien. That was pretty much spot-on. Also, I wanted to mention the fact that silver is getting very, very close. It's already broken the 20... I can't tell because I don't have any data. The last I saw, it was getting ready to break the 22 level, I believe, 22. I don't have the chart. All I know is it's very close. Silver is within about $0.15 of that low that we were looking at here on Monday. We're getting down here with the Fed in there today. Of course, anything is possible and we'll see what it's going to be like. I'm trying a few others. Remember, the euro still looks your... What a day. The euro still looks lower to me. That means that Dollar Index has got a really good shot of getting $0.95 today. We're at $94 plus $94.20, I think, something like that. The last I saw and with the Fed there today at $2.15, we could easily hit that. That's the main thing. If I can't get this computer fixed, I will be taking a couple days off to get it working because working blind like this is not very much fun because it was just about 25... Well, it was about a half hour ago that I realized that I had no Skype and I logged on to get the Skype shut down on me and then I lost all data and now I couldn't even log on to my computer. I assume that it has passed on. It's still got the beautiful pictures of the grandkids on here, but other than that, there's not too much to go on. We'll remind ourselves of these things as we be thankful for what we do have. We will have Shane on. I spoke to him yesterday about this. He's got some really great stuff, as he always does. He'll be taking over at the 11, 17 break and we'll be going from that level. Like I mentioned before, no data. I'm not able... You can't even call in because I don't have any questions to answer, but all I can tell you is, folks, when you see things like what happened with some of these others, we saw it in the DWAC, but that's one of those crazy ones. We have a major stock like Avis that can go from 175 to 575 in a matter of two hours. That tells you there's illiquidity in the market, folks. Boy, that's one thing we don't want in these markets is illiquidity because this is what we base everything on. I can see where they extend to. I had some beautiful charts showing you a high at 575 in the Avis, and I was relating that to the Bed Bath and Beyond, but Bed Bath and Beyond is still in a totally different realm than what was happening with Avis. These are characteristics of patterns that we see all the time, and I really had some great charts on it. I still have the charts, but they're in this computer, so I'll have to reconstruct them and hopefully have them. If I'm not here tomorrow, I'll have them hopefully by the beginning of the week, and we'll have those. We're scheduled to have Stan Harley tomorrow as our guest, and if I can't get Stan today or tomorrow, I'll have him set up for next week. All I want to do is to alert you to the fact that these markets are extremely volatile and you just want to be careful. You really do because there's a lot of illiquidity. When you see that stuff that's happening with that, that's short covering. I know whatever you want to call it, but that is not good action, folks. That is not how the stock market is supposed to work. When you see stuff like this, this is not the beginning. This could last a while, but this is the end. This is how it's going to end, but just be really careful out here because it's crazier than you might even think, and I've seen just about everything in my lifetime, but I've been through these before in that dot-com bubble, but this is very, very... Illiquidity is not good, folks. You want to see markets go up and down normally like you usually do, okay? So that's the main thing that you want to focus on. Regarding the gold chart that we were looking at, I saw a beautiful short up there yesterday and most of you did because they asked me, why didn't I go short at the 796? That's where we took profits from our long and booked in a nice $2,200, and I'm being as cautious as I am with the Fed in here. I said, well, I better wait a day before I try to sell it. Then last night when I saw it, it already broken quite a bit. I really don't. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. 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But I want to talk to you today about the S&P 500 here because we've had some really radical conditions over the last month. I want to put this in perspective. I get a lot of questions. I do the webinars every Saturday, and I do want to just let people know where I stand on this, because this is the big market that's been heading straight up for the last month. S&P 500, let me just give you my background here. We have our own perspective based upon what the Fed is doing. I do other forecasting tools. We have different cycles. We have different transits. We have different things that we do. The core of what we do is based upon what the Fed does. This is what I watch. We're all rallies since 2009, essentially, both short-term and long-term. There is solid evidence of day-to-day influences, even day-to-day, on this. But most of the time, it's been across daily and weekly time frames, but what we saw in this October rally is what we saw, essentially, daily interventions, where it was relentless in terms of the intervention to keep this market going higher. So I follow Fed data and evidence. I'm not giving you a theory. I'm not telling you what I think it could do. I'm just following what happened, and I track this to the S&P. The S&P is trading in lockstep with the Fed. So the long-term internals, which we look at, that's what I care about for the long term, this is falling since July. I'm going to show you some charts to give you the background on this, but it's so important to understand this, and this is what drives the S&P 500 since 2009. So getting to our next slide here, the sell-off in September, I think it caught the Fed off guard. This is when all of these controversies started with the insider trading at the top of the market, and a lot of the Fed officials started selling at that point. I think that's a coincidence, but it did catch them off guard. And so what happens is this market starts falling straight down, it gets down to the 4,300, and then the Fed began two record surges off the lows. I'm going to show you on the chart, because again, everything that I'm talking to you about is evidence-based, it's data-based. It's not what I think is going to happen. I'm just tracking what's happening and correlating it to the S&P. So on the short term, the Fed has been strong since early October, but I believe that this is peaking, and it may be at the upper end of a channel. I'm going to show you this channel on the chart so you can see this. I think the Fed ran this up into the taper. I don't think there's any positive way I think the taper is coming. Inflation is at 30-year highs. I think they have to do it. And I think that essentially they wanted to give as much cushion as they could. So I think the Fed is counting on these positive holiday seasonals. And most people know that when the markets get into November, December, it's generally positive. But I will say that previous seasonals have failed in 2018. When we had the taper, it didn't matter what the seasonals were. It didn't matter what the transits were. If the Fed pulls back, it's the end of the line for the S&P. The Fed internals will likely decline with this taper. So that's the big thing I want everybody to understand is the internals that I track, they have to fall with the taper. When they start cutting the bond purchases, the internals will start to fall. And when that occurs, I know it's been confusing. I know you look at the rally, I look at the rally, Larry looks at the rally, everyone knows this looks very strange. And there's a reason for it. I'm going to show you this. So this is the next slide here. I just want to summarize this. This is a key kind of doctrine or dogma that I follow here, which is that the Fed juice is the S&P engine. When there's no Fed, there's no rally. There's no exceptions to this. Eventually the markets will catch up to what the Fed is doing since 2009. There has not been one time since the S&P has successfully rallied without the Fed helping out in some way. So we're coming out of a period of quantitative easing now and the taper is going to begin. So I believe this will have a negative effect on the S&P. Now, maybe it doesn't show up today. Maybe they say, oh, we're going to delay it or whatever they're going to say to try to get this positive spin today. But a taper is a taper. So this is significant. I think it's a historic day. It's an important day. And we need to watch this. The next thing to talk about here is the fact that when you're talking about forecasting tools, I don't care what it is. Cycles, transits, Elliott Wave, Gartley patterns, Gann patterns, divergences, sentiment. Okay, that's fine. We're all here coming on the show talking about different forecasting tools. And that's great. Sometimes some work better than others. But what I want to emphasize is all of these work around the context of the Fed use. So we can be looking at a surging cycle for coming out for 50 days or so, but if the Fed pulls back, the market's going to go down. And this is based upon my work and the evidence that I do. So I want everybody to understand that that we are talking about the context of every forecasting tool you can imagine around what's going on with the Fed. Okay, so this is important because this is what drives it. This is the driving engine of the S&P 500. So let's talk about the recent rally. The recent rally off the lows showed a short-term record Fed strength and I'm going to show you this on the chart. This happened twice. There was a banking holiday, the market shut down and the market started to fall again. There was no Fed use and then they come back with a record day, intraday to push it back up. Now, of course, they lit all these orders up. This stuff was happening, but the point is this was facilitated by the Fed. This was done on purpose to push this off the lows. This is juxtaposed against long-term weakness. So this is where it gets confusing because long-term we are still headed lower on the Fed internals. Short-term, they spiked it in October, like we've never seen before. And I'm going to show you there's a three-record spikes that occurred within the last few months. Where does this leave us now? Well, the Fed taper will lead to a decrease in the Fed internals. So this is important because there's no way around this. If they start pulling back on the bond purchases the internals will decrease. They can try to delay things and put positive speech in and spin and all the stuff today, that's fine. But the reality is that taper is a taper and the inflation is a problem. 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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 Ok everybody, welcome back to Larry Pezzavento's trade, what you see I'm Shane Smollion, I'm filling in today for Larry while he's working on some technical issues with the computer. So we were talking about the S&P 500 and what I want to do is show you the Fed internal. So this is the key, the core everything that's going on with this S&P. So I'm going to show you this chart here, this is really, really important. So first of all, these are the long-term Fed internals. Now they've made a channel here, so the Fed essentially starts their real taper back here in April. So I'm going to show you this here on the chart. So if you see this letter A here on the chart this is where the Fed begins the taper. Ok, so this is where they started but really I think the bear market starts here in July. So here is July here and so I'm measuring the bear market based upon what the Fed is doing. Now I know, I know everybody says what are you talking about the S&P's at a new high, blah, blah, blah. Look, this is what drives the market. I focus on what the Fed does and that is the most important thing. So right here in July, you see when this dives down into here, this is when the bear market starts the market did go up for a little bit longer here but you can see it starts to fall down here. So at the letter A is when they first start, here B is the next peak and then the letter C here is when the bear market starts right here. This is in July based upon what the Fed is doing. Now again, I know the market pushed up to highs but I think this is not, this is temporary. This is what I'm thinking based upon what the Fed is doing. I'm giving you my best estimate here but I really believe in this. This is what I study this. I've been studying this going back from 2009. Now these Fed internals are making a channel. You can see this channel here by this dash blue line here and they're staying in this channel. You can see that they came up and made one peak here and then the Fed starts this big pullback here down to the letter D here and it took a while but the market did catch up here into the letter E. So the Fed starts to see this there. I think it caught them off guard and so we get this one bounce down here and then this comes back down here again. Now in the letter E here, this is when they really start the record surge here. So this is the record surge pushing up here and then so they had three times where they rejected this off the lows. This is the 4,300 level here. S&P comes up. Banks shut down for the banking holiday. No Fed use. Market comes back. Then they come back. So this is the letter G here. It's the banking holiday. Then they push it up again. This is the record high here. I know you can't see it here but it was on an intraday basis and then they kept this high. Now notice this is starting to roll over now. I believe that they hit the top of the channel again. I think the longer term trend is lower and I think this was a short term surge to push this back up. I know it looks crazy and everybody knows it looks crazy. Nothing about this rally looks normal because it was there was many factors that went into this but the Fed was there facilitating now. Let me go into the next chart here. I'm going to show you a chart here. This is dealing with the speed of the response of the Fed. So this is how I'm measuring. So again I told you everything that I do is based upon evidence. I'm going to show you the speed of the Fed. So back here in March we got our first decline back here. This is the letter A here on the chart. This was the first response of the Fed in March to push this back up. Now at the time this was the fastest response I've ever seen from the Fed but that's going to change as we go along the line here. So this goes back up. They push the market up here so the internals are still rising. Now we have this short term peak here. Now this is when I believe again the bear market starts here in July. They start pulling back here. Now notice it took a while but the market starts to come back here. You see this we talked about this. This was the first move down and then they start to get a little concerned. So the letter C here this is the first push. Now at the time this became the strongest response in Fed history. You can see the steepness of the arrow here. If you go over here where I say response comparison here on this letter E. I drew the vectors. These are vectors in terms of the magnitude and the speed and how fast did it go? What's the slope? So you can see the yellow arrow here matches the yellow arrow over here. That's the first one. Then the green one you can see this one gets even steeper. This is the next response. This is the response that came in in early October. Then the markets the banks are shut down. There's no Fed use. The market starts to fall. Then the banks reopen and they start with this record setting again. This is the one that we saw here and it caused it was so intense that we saw a gap up on the intraday chart. I've very rarely seen that on the S&P and that was on like a 30 minute time frame. There was gaps on an intraday chart because it was so intense all of these orders are being triggered into here. Gamma squeeze short squeeze all this stuff was going on. What the point is this would never have happened without the Fed and this is what I want to emphasize to people. I know everyone's focused on earnings and they cannot do anything without the Fed and the Fed has to start tapering now and when the Fed starts to taper the S&P is not going to be able to go up without the Fed. Now is there a point in the future where we'll be able to go up without the Fed? Yes of course at some point it will but I have never seen that happen in all of the years I've been studying this since 2009 and I want everybody to understand that if I saw the S&P going without the Fed I would say well maybe there's some strength there but all of this was coordinated with all of this 100% coordinated so I'm just warning everybody that if they do pull back here if they do taper and they do follow through with this S&P is going to come back it doesn't matter what the earnings are it doesn't matter what matters is what the Fed is doing the liquidity cycle that's coming into this market and so we are living in crazy times but I want everybody to understand what is going on because this is the reality of the situation we can talk about cycles we can talk about Bradleys we can talk about whatever the point is if the Fed pulls back the market will go down that's the end if these internals start coming down again the market will follow lower the market will follow lower so I just want everybody to understand that so this is what I watch and so I want to give you my perspective because we talk about we talk about the market based upon what is the Fed doing this is why I have the perspective that I have here so just to keep in mind now this is the chart here of the S&P with our symbols here so the optimized Bradley here on 1023 goes into the sell pattern here so this is a very dependable indicator I talked about the profit graph on this back in the webinar last Saturday I'm going to show you how that optimized Bradley does it does pretty well it doesn't do as well as the actual double optimized lunar cycle but it does pretty well so that pink arrow right there is going to be this chart right here this is the optimized Bradley here it's up about 156 points since we started running this back in in May that's in a sell so I consider that to be a pretty good indicator in of itself it's not as good as the double lunar cycle but that's been in this sell and that's pointing down for a good part of the month here so if we put the context of the Fed with the optimized Bradley and the Fed does pull back you have some potential now for this market to turn the next thing I want to look at here is the double lunar cycle here this is on 11-3 here this is actually going into a sell today at the close now this is my gold standard astro indicator I'm starting to put these up more and more each week now I have about 8 months of data on this this is a special lunar cycle that is optimized three different times it's using technology to look forward into the future it's not just looking at the past and so this has been this picks up this recent jog up too so from the 10-26 this picks this jog up here to the 10-3 but that's going into a sell today then on 11-5 the planetary speed index is going into a sell also so you have a lot of planetary forces here or cycles that are pushing down and the Fed internals as I showed you are down too so I would caution everybody about this market this rally is not real it's not real on its own it was completely facilitated by what the Fed is doing so I'll get back to this when we come back from the break 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 from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the decisions of your financial future call Tiger Real Estate LLC today at 727-329-8322 or email us at Tiger at TFNN.com that's 727-329-8322 call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week you can get the technology insider at TFNN.com for only $37.50 sign up for David's newsletter the technology insider and get an inside look at everything the technology sector has to offer try it risk free today with 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24 hours per day go to TFNN.com then hit watch Tiger TV that's TFNN.com then hit watch Tiger TV can everybody hear me now? let me know if you can hear me sorry about that okay so I think we're good with the audio so I was just talking about this is an intraday chart here of the Fed in terms of what's going on and this was when the Fed came in and stopped the selling on the decline so this is this is right here this is letter A this is when it comes to that 4300 level twice and then it comes up now this is letter B here is when the banks are closed there's no Fed use the market immediately starts to fall then then then the we reached this low here and the Fed opens up near all-time record this is when they really push this up this is when you had that intraday gap up and then they had a series of very strong days here by the Fed where they wanted to keep this up and so the market is responding to this almost to the day and the letter E here you can see this is the big pullback here not a big this is a smaller pullback but the market starts to respond immediately then they pushed it up they pushed it up hard that day of the tech earnings too and now they're starting to see a pullback here so look on this intraday chart you have one of the longest negative divergences I've ever seen you can see this the market's going up here and then the stochastics are falling here the RSI is falling here you also have a double one here so no matter how you look at this it's it's got a bearish setup here on this there's no doubt about it and again I look at what the Fed does and that's what I care about so that's what I focus on so fear and greed index this is just kind of a curious thing to look at the current reading is actually 79 this is the highest that it's been all year previous high was in the 30 to 50 range even when the market was rallying the fear and greed index did not want to budge so this was a missing component here psychologically for a high again the market can turn without this if the Fed comes down but essentially the the the crowd was drawn in this time sorry guys I'm hearing that I have a caller but I can't hear anything so I'm just going to keep talking here and displaying the charts here so fear and greed index hit 679 this is significant this is the highest reading of the year which means that the public has been drawn into this recent rally unfortunately and so I think this is a dangerous time on the S&P that's my opinion but it's based upon what I study with the Fed I can't find one example to the contrary of what I'm telling you I went back and studied every single market since 2009 you can see here on the chart we are here we are approaching that the peak here on this so this is this is the peak here circling this you can see it so look at where we are this is a curious thing to look at it's not as not as dominant as the Fed of course but I think that's interesting because that's what you want to see at market highs relative strength we see laggards here so for example I look at the banking sector versus the S&P JP Morgan is weak relative to the S&P 500 that's not a good sign we want to see banks getting strong here the banks are relatively weak to the S&P so that is not good you know typically I want to see a strong banking sector the other one too that's a relative strength which we'll get to in a minute is the tech we can see here on the chart this is the S&P 500 here this is JP Morgan here and this is the relative strength indicator down here now this is getting weaker I would like to see the banks getting stronger if we're going to get some type of a rally but that's just what it is it's not looking so hot Apple again these are kind of curious things these are just divergences but you can see here that the technology is running weak relative to the S&P this is the S&P here this is Apple here and it's getting weaker as we go here across time now typically when this happens when Apple starts to get weak or technology the market usually starts to follow down lower and that's occurring now so I mean I know Tesla is going crazy and all of this stuff with with that but Apple if you look at a lot of the tech stocks some of them are strong Microsoft strong but most of them are not pushing the way they should if we're coming into some type of a bull market so I had some questions I saw somebody asked about gold so let me talk to you about a few other markets that I'm looking at here that I think could be ready to turn lower too well the US dollar no the US dollar still I think could have some strength into it's coming up to a seasonal high still and the taper could strengthen the dollar you do have the spending package which could weaken the dollar but okay the dollar I think the taper is significant for the dollar gold is coming into negative seasonal somebody asked me about that seasonals don't tell the whole story but it is coming into negative seasonals we are short oil and gold right now and S&P yesterday oil I think is likely to follow the S&P I've been watching oil we added oil to the fast-fed big runs this is our new trading system so the big runs looks at swing trades from three to eight days and I think I've been watching this intraday really closely because we've had a lot of good trades here with oil it follows the S&P almost lockstep on an intraday basis so the problem is that I think everybody would like the S&P to be higher and oil to be lower but the problem is they're running together so if you're going to kill inflation they're probably both going to come down together that's the crazy thing about this is that if you try to reduce the inflation the S&P probably comes down so it's kind of a balancing act that the Fed has to do and they're doing their best to try to balance out the situation and bring liquidity to this. I'm just trying to point out to you guys what is going on. Oil is still a negative seasonals I believe there's a good chance it could be turning here again we we had that short trade like yesterday 8365 but that's a shorter-term trade the Fed uses turning corn is coming into negative seasonals and bond is finishing up negative seasonals so that's the summary there and if we have time I'll get through these charts and if we don't finish this now I can go through this on a webinar on Saturday if you guys want to go through this if you're interested okay so here's the dollar chart the dollar is still pushing into positive seasonals here so this is the seasonal pattern coming up here and the problem is with this Fed is that you don't really know sometimes what's going to happen on the short-term but I think long-term there is still some room here for the dollar to head higher gold here the gold this has been following the seasonal pattern pretty well it's still coming into a it's still coming into a seasonal low here so I'm just going to move this over so you can see it but you can see that it's still heading lower and I'm covering this up to try to be fair to the subscribers because I don't want to give all the information away but gold is still coming into negative seasonals here so you know we have to be careful about that I mean because these are sensitive symbols to the dollar so a strengthening dollar can weaken gold it can weaken oil all of these different components here so that's gold on that chart so we'll have more when we come 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 in technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8 30 a.m. to 4 p.m. eastern for free each host is an experienced 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down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com educating investors are you looking for a secure investment which pays you on a monthly basis the target first mortgage program may be the program for you the best rate on a five year CD in the country right now according to bankrate.com is paying 1% per year or $1,000 per a $100,000 invested the target first mortgage program pays 7% per year paid monthly on secured high value buildable properties in St. Petersburg, Florida the investment is for four years paying 7% per year or $7,000 per $100,000 invested your investment is secured by high value real estate in St. Petersburg, Florida your investment can be anywhere from $100,000 to $500,000 you want to make $1,000 per year on $100,000 invested or $7,000 per year on a secured target first mortgage program may be just the program for you the target first mortgage program pays 7% per year paid monthly for more information you can call 877-518-9190 that's 877-518-9190 alright welcome back to the show I'm Shane Smolian filling in for Larry Pesevento on trade what you see and we were talking about some different markets I was talking about just other markets people have questions and gold is coming into negative seasonals I think oil could be turning here if the S&P goes down I think there's a good chance oil will come down although oil has been a really stubborn bull corn, corn is coming into negative seasonals I have here on the chart here this is a seasonal chart here you can see that corn is looping back down here the bond has been responding beautifully here to our fed juice that is in a negative seasonal you can see the bond has basically been following these patterns too so I think the bond might be coming back to reality here because when they start pulling back on the bond purchases you might start to see rising yields I mean it's just logical that that would follow so the feds in a tough spot man they're trying to help everybody out in every way and there's only so much that they can really do I do want to point out that for those of you trying to call in I can't hear the calls guys so you can either send me a chat on the website or this weekend at one I have a webinar chat with me there and ask questions we do track these double lunar cycles that I talk about and we track them in multiple markets I just want to kind of cover this because we have eight months of data now this is what was actually tracked these are just some profit curves here this is bitcoin this comes with the newsletter you can see that this has been profitable the US dollar has been tracking profitable too and then of course the 10 year bond has been tracking profitable too so when you see those arrows on the chart they do correspond to actual trading systems that we do track here and I'm going to have more each week tracked and updated we cover over 30 markets so sometimes it gets tough to keep up with all that but I am in the process of doing that and when you look on these charts these green arrows here these are the double lunar cycles so those profit graphs that you just saw that's what these green arrows are here and so right now it does look like the bond could be into some trouble here because the double lunar here on 11.5 and the Fed use is is going down so this is a historic day for the Fed I think we have to give them a lot of credit for trying to help these markets out and we'll just see where we go from here but if you have any questions please contact me shaydenwilltraderfutures.com thank you so much everybody I appreciate it thank you for everything have a great day