 Always remember folks, whatever you think about you bring about whatever you focus on grows up everyone's having a great day Safe day. Let's make it a great night folks cultivate wisdom You don't need to accumulate knowledge to become wise anyone can become wise when you become wise you respect your body You respect your mind and you respect your soul when you become wise your life is controlled by your heart not your head Let's take a look at it out here. We have the Dow industrials down 63 Nasdaq off 181 S&P's off 34 that being said folks, but just you look at the end cues These things are gonna run right into the clothes. It's gonna be really interesting watching this market shake out here gold gold contract They're down $15.50 straight and it's 1772 an ounce. You have silver Down 40 cents $21 88 cents an ounce light sweet crude off 89 cents $70 40 cents a barrel notes and bonds a 10-year note down six ticks trading 130 21 the 30 year off seven at 162 08 and King dollar King dollars up 235 ticks trading out at 96 55 Euro is at 112 the yen is at 113 and a half in the British pounds at 132 to 1 the US dollar our phone number's 877 9276 648 if it's called folks Well, I know it's going on in your world and the world of the S&P's let's take a look at them I'm gonna bring the futures up first because they're buying this right now folks. They jam this thing all all day and The good old last hour Bottom line is that they're buying into this market. So what do we have here? We had a low out here in the S&P of 45 96 right now your 28 points above it and we're still down 35 that being said though You can see this bar. That's why I was saying we're coming into it. This is a small ABC up. So you get the B point out here of 46 20 your a point is Okay, so it's a 22 a to B. So that is going to give you 34 46 34 is that's the confirmed ABC structure on the way up and we're at 4625 right now. So that's that's in the US outside in your S&P and I expect that like right now. These are straight line moves X Where are you? Come on and cues there we go and cues. Okay, so the end cues. They had a low today of 15,734 and Right now you're at 15,908 and let's just see if this is gonna be an ABC. It's an ABC up, too Okay, enter day. So you got let's see 871 and 758 that's 871 Yeah, that's nice. That's a buck 20. Holy cow one second. So that's gonna get you 120 that's 839 3950 on that it makes sense 15,950 is the a to b structure on the way up On the S&P that's that will bring the other S&P back up again the S&P I believe it was it was 10 points higher than what we are right now. That's how this is. It's let's put this up What if now the six points higher because we were we were at 34 when I just did it once there we go Come on. Yeah, this is on the daily. This is on the daily. Yes Yeah, so it took the B point out took it out with volume. We got what 20 Yeah, it's 22 point a to b which gets you 4636 2232 one second, okay, right 2232 36 Yeah, it's gonna be 36 46 36 That's who that baby should probably be shaking out Some of the high volume equities. Let's go take a look at this. Well, actually, let's go look at Microsoft This is pretty amazing man. I mean, you know, it's funny Microsoft is up so dramatically Tommy was actually talking about this on a show You know the show this morning. It's up so dramatically But it's like down to 11 points right now and it's like it's not a big deal but it is a big deal when you when you take a look at the What it does to the indices, okay, that's that's that's the reality if we put this on I just put this on a three-year weekly and you're gonna see this has been a one-way move now Microsoft has volume off the high and We know that Nadella has been selling well, no not has been selling he sold one half of his whole position Okay, so so if the CEO that has brought this company so much higher Is selling a pot? Well one half his position. You better take that into consideration. I'm just let me just see Along how fast and then on the Delas been here once where are you? one second board Executives oh That's oh, I see. He's only been the chairman for That would he's I see that they don't have him as the he's been the CEO for a long time Now he's not as a chairman and CEO That started only how six months ago pretty wild Some of the higher volume equities out here. Let's take a look at them. You have AMC is up 155. Oh, look at this. This isn't the 24s now. Oh, this is this is oh, this is gonna be dangerous for AMC Let me look at this for a second. Oh AMC's just try to save itself here. This this just might get this $10 finally. Oh, it's on its way. Okay Boy, it took a lot look at this man This took a long time to basically get AMC's my take is gonna back $3.85 cents. Could you imagine? I mean, could you imagine someone? You know, yeah, yeah, yeah the the executives at AMC just have to be so elated They've been selling stocks like crazy, you know the reddit folks have been buying it And unfortunately once this practice you broke down three weeks ago. We went from 38 to 25 This is good. This is that was the building cause to get to that level once you're in the other this has to get above now 2891 in order to get out of this lower range. Okay, so the probability gets much higher That you're gonna hit $12 before we hit 28, you know, so some of the other higher volume equities out here today We have let's see You get Nvidia That's flat. It's trading 281 though that highs up in the three somewhere Bank of America is up 69 Microsoft's a big one Peloton's off a buck and a half. You get American Airlines That's down fractionally. You got Intel down 28 cents Comcast is up a dollar The Apple is down 87 cents. Let's go take a look at Apple. It did Apple's been running higher every single day. Okay. I gave it up finally. Okay Well didn't give it up but from yesterday today. We went 183 to 174 So these these spreads are getting larger as they back down. There's no doubt about that stare at their folks come right back