 And the Tiger Financial News Network News Update Good afternoon, everyone, Basel Chapman here for the Tiger Financial News Network, 3 p.m. market update, the Dow is down 8 at $33,930. It had a nice rally early on to the 34th, just over $34,000, right at the 14 period exponential moving average. The 9 is still above the 14, and that shows that there's some residual strength. I'll talk about it in this next hour when I do the Tom O'Brien show. We're looking at the S&P at this particular point. It's given back quite a bit of the gain, but it's still up 15. That's pretty good. At 44.26, you can see the strength in this daily chart on the left of this green above the 14 period moving average. Until it crosses negative, you won't get that very sharp decline or follow through decline. Let's say we're looking at the QQQ at this particular point. It is up $1.45 at 368.91. Look how nicely it's been in this kind of a rectangle formation from 372.85 high of about the 16th of the month. Here it is sitting very nicely. The IWM, this is going to be fascinating because you see a rotation through the different sectors at different times. Today, the IWM is one of the stronger indices up 2.96 at 185. That's a small caps. If you look at the monthly chart, not much to see. Weekly chart is improving quite a bit. Gold had a really big move and then it gave back some, and now it's still up $16. But look, it's stuck in that range. It can't get above that 14, close above that 14 period moving average. It's at 1932 up 17. Look at the crude oil. Very strong move up 2 at 73.88. If you look at the weekly chart, ho-harm is just stuck in the rectangle formation. But if you look at the weekly chart, this is a nice breakout above the high of just the other day. It's a good sign. We're looking at the dollar-to-dollar try to rally earlier on and now it's down sharp. The 87 ticks are 102.26 and yet gold just can't get on its way, which tells you about the diversity of this market. Talk about diversity. The TLT went right to the 98.88 low of, I think it was April. We'll talk about this when I return for the Tom O'Brien show. Check out my opening call and check out. This is 98.88 and the low today is 98.99. How about that for closeness? So don't forget the tiger dollars. Last day of the last day to get this fantastic bargain. I'll be back in a moment for the Tom O'Brien show. My usual show is the Tiger Technicians. I'll see you in a few minutes.