 This 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 been? I'm great, man. You're so good. Hey, congratulations on your grandbaby. Yes, thank you. I know. Tommy just sent me a picture. I mean, it's gorgeous right now. He just was taking them out for his first walk in Swannock. He's prowling and prowling already. Yeah, I bet. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien at 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. So, everyone's having a great day, safe day. Making a great week, folks. Let's say I'm making a great month. You're gonna love it. June 1st, here we go. Don't make assumptions. Ask for what you want. This is a great card, man. Find the courage to ask for what you want. Others have the right to tell you yes or no, but you always have the right to ask. Likewise, everyone has the right to ask you for what they want, and you have the right to say yes or no. Make it wise. Let's take a look at it out here. We have the Dow, and that's just down 102. Nasdaq's off 28. S&P's off 15.5. Gold contract up $3.50, traded 18.51 an ounce. Get silver up 24 cents, $21.93 an ounce. Light sweet crude up 63 cents, $115.30 a barrel. Notes and bonds. They continue to move lower in price, higher in yield, folks. You get the 10-year right now trading down 27.6 at 18.19, the 30-year off almost a full point at 138.16, 10 years yielding 2.935. The high thus far has been 3.126. King dollar. King dollars get a bounce going out here today. Up 750 ticks trading 102.504, Euro 106, yen 130.14, and the British pound is at 124 to one US dollar. iPhone numbers 877, 9276648. Give us a call, folks. One note's going on in your world. And the world of the S&P's, let's take a look at them. What do you have? You got another sideways market out here, folks. You got window dressing happening. Bottom line is, we'll see where this wants to go. My take is that we're building cars for lower price. Now let me show you. We had re-balancing yesterday, folks. And what you'll see out here is that you did get an acceleration of volume. See that 2.3 billion inside the NYSE? Bottom line, then we go over and we take a look at the NASDAQ composite and the composite gets 6 billion. Okay, so now let's go back to the Dow industrials for a second and just take a look at this. Because this always gets a little bit tricky when you actually get that much volume. And so, this is a tough one, man. Because the bottom line is that what we actually did, you know, we actually went higher than the day before and we had higher volume. So that had to be tested. Now, the sad part is that had it got tested out here today, it would have been better if the thing could have just blow forward. My point goes like this. When we talk about bullish or bearish, that was actually a bullish occurrence. You know, so we'll see where this shakes out. My take is that we're building cars, you know, to basically, you know, lower price. But that was a bullish occurrence. What I've found is this. It doesn't matter. Well, hey, let's go to the, that's the composite too. So if we take a look at the composite, you're going to see the composite also got the higher price, okay? So we had volume. And I've found that even in rebalancing that if you can get higher volume, then you have a shot to do something. Now, the problem today is that it's getting higher and it's going to close lower. So that bottom line is saying it's building cars once again. And I'm bringing this all the way back to any folks that were around in whether it's 1999, 2000, when these companies one by one start going south, meaning WorldCom and JDSU and all these other companies, you could really find out a lot about rebalancing and where the volume went. And in those particular cases, the volume came out and those rebalancing days, they were down. So it's like, okay, man, here you go, you're going to go lower. Gold, gold contract out here today with gold did that gold rejected lower price out here. We got down to 1830 trade in 1851 and we'll see what the gold can do a small ABC structure up. Right now the last swing point is 1875. You know, we hit 1830, this wouldn't be a bad one. This would be, let's see. Yeah, it's almost 85 bucks, which would get you somewhere up to about the 1910. Yeah, that would make sense because next swing point is 1917. And that would be the play. So what happened with gold folks? In that market is that the real resistance is going to be trying to get back in the higher zone. Getting it back in the higher zone and gold is that price point of 1920. Now let's go to platinum. Platinum bottom line has a bit underneath it. And it's like, I'm trying to find it like, okay, man, they're buying it. That's the bottom line. You take a look at platinum out here. You got some, this is wide price spread, accelerated volume. This is saying platinum is at 966 right now. You just took out the swings. The swings were at 993. Good setup, man. This is saying that platinum's gonna stop making its way back up to the 1190 area. Kingdala. Now, this is a little problem child once again. You got good old Kingdala. That's up 751 ticks today. Now that is a nice move. We'll see whether it's gonna be a counter trend move, but right now it's a decent move. This Kingdala could get up somewhere about 103-226. Now let me just bring this back. I gotta bring this back on a much further basis. So if we put this on a monthly, okay, so the number to keep your eye on actually is, I see, okay, 103, 103-820 is the number, because that was the breakout area. That's where it failed. So that's gonna be the number 103-820. We're gonna take a look at the note and bond market. We pull up the note, the 10-year note first. What you're gonna see with the 10-year note, you're down 27 ticks. This has volume behind the move. You've got 1.5 million contracts. This very well could be a very large ABC structure on the way down, folks. That's how this is shaking out right now. Your B-point on this is gonna be the low that was generated out here at 116-21. And keep in mind, Tommy was talking about this this morning. June 1st, we are at the basis of where the Fed is going to basically roll off the bonds as well as mortgage-backed securities. Now the roll-off, what the roll-off specifically means is that they're just not gonna replace what the roll-off is. And the news out here, it's not like an everyday event. It starts today, but yet the first roll-off doesn't take place till June 15th. And what that roll-off means is that those bonds expire June 15th, and they won't use that additional 15 billion in order to buy more bonds. So what that does specifically is do what? There's gonna be less demand, and there's gonna be a supply. Not necessarily more supply, because what has happened is this. Now this is gonna be the wild card in this, is that the amount of deficit that we are actually in has been going down because the stock market has gone so far up, and asset prices have gone so far up that there was a huge amount of money going into the treasury. So this is gonna get really intriguing, you know, as to what the supply actually is versus the demand. Stay right there folks, come right back. We have the Dow Industries at down 49, Nasdaq's up two, SAP's down seven. Come right back. 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To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. 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. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Toll free at 1-877-927-6648, internationally at 727-873-7618. Welcome back folks to Dow. Dow right now trading down 63, you get the Nasdaq flat, S&Ps off 10. Let's go to our man, Peter in Park City. Peter, what's going on brother? Oh, not much Tommy. Hey, I wanted you to go back and take another look today at Apple. I know we're talking supply chain. A couple of questions for you. I'm curious what their revenues are from China, their sales, what kind of sales they do in China and then is there any way to look at how much of the iPhone, et cetera is actually still manufactured in China versus say Vietnam or India? So if we look at it, I just put up Apple and you can see China is 68 billion out of 394 billion projected, right? 20% Yeah, so then let's see. So the aspect, I don't think there's a way to do the SPLS, let me just see this. I don't think there's an AAPL equity SPLS, gives me a supply chain. Call it one second, S-P-L-S-P-L-C, one second. AAPL equity SPLC, I think it is. No, SPLC. Yeah, there is. So it really doesn't, I'd have to dig into this more but it doesn't give me that type of breakdown, meaning I think that quirk, meaning that how much have they moved to Vietnam? Do you know what I'm saying? I think one of the big- No, that was just my curiosity because I can't imagine that with this much of, you know, their revenues generated from China that that's gonna meet expectations for this quarter. I can't imagine that, let's say they produce, Foxcom does still produce in China a certain percentage that they won't get, they can't get, with the port of Shanghai closed, let's say get Taiwan semi ships or whatever in to make them or vice versa, things that are made in China, they can't ship them to say India, so let's say India that manufacture it, I don't see how they can possibly make the numbers that are being estimated and if they miss, then we know the market will just sell off profusely. But I'm just trying to understand how they could possibly make their numbers. So it's a little bit different, I would say in the aspect of Apple, meaning, and the reason being is that all the pots are so small, there's no reason that Apple can, you know, have, you know, 747s or that there's no such thing anymore, I guess. But if you know what I'm saying, big cargo planes, like, you know, one cargo plane full will probably make, you know, but who knows how many phones? I mean, they're telling us that, you know, this quarter is gonna be 82.5 billion. Now, when you look at this, you know, they did 81.4 last year, so that's certainly not growth, man. That's for sure. You know what I mean? No, and up from 97 and 123, wow. Yeah, so I suspect, you know, but that is gonna be, there's this flak everywhere. So this is intriguing. I'm not swapping gears onto here, Peter, but this is a heads up, folks, okay? Now, check this out. Jamie Dimon comes out. Remember, I talked about this last week, Jamie Dimon when JP Morgan was coming out their numbers, okay? So picture this. This is how any, basically, CEO kind of operates and they, you just wanna see how this is because when they came out with their numbers, okay? If you remember the quote with Jamie Dimon says, yeah, you know, there's a storm out there, but we might miss the storm, okay? Well, the bottom line is that he's changed his tune in an incredible way, folks, okay? Dimon now is saying his bank is bracing for an economic hurricane, okay? Jamie Dimon wanted investors to prepare for an economic hurricane as the economy struggles against unprecedented combination of challenges, including tighter monetary policy, Russian invasion of Ukraine. That hurricane is right out here. They're down the road coming our way. The chief executive said at a conference sponsored by Alliance Bernstein today. We don't know if it's a minor one or a super slum sandy. You better brace yourself. Now, that's a total change in texture in a monster way. And the reason I'm bringing this up, as Peter's bringing up the Apple numbers, I mean, I suspect bankers know before almost anyone, okay? You know, what is the savings rate? How is the cash flow going from, because they have so many millions of accounts, do you know what I'm saying? And yeah, and that says quite a bit, including, you know, guess what? Apple has always been immune, it seems, that no matter if anyone had any type of money, they want to buy an Apple phone. Well, we almost all have Apple phones, right? It's like, okay, you know, do you need a new one? You know, so we'll see how that shakes out. But my take is that, yeah, these numbers are gonna slow down a bit, you know, and that will make a difference in the equity. When you take a look at Apple, the thing that's amazing about Apple, I mean, a lot of these equities have an amazing run. There's no two ways about that. But when I look at Apple, I mean, you know what I do. I always look at, okay, if you get a retracement going, does it have a high volume? You can see Apple has nothing, man. I'm putting this up in a monthly and it's like, you know, I can make the case that Apple wants to get on a $76. Because- Right, no, the other thing that I thought was very interesting, I posted in the den earlier, Goldman Sachs is there, I think it was like, 209 for earnings for 2021, like 229 and 230 something for 2022 and 2023. So I mean, they still have all their earnings forecasts going up. Nobody has actually started to like actually pull back their S&P earnings, you know, going forward, which I would think at some point they'll have to. Yeah, no, and I can see that. The one thing that, you know, I heard something this morning folks, okay, and this is, keep this in mind. I heard an analyst this morning saying that, like the Nasdaq 100, like that's over, right? And it's like, oh man, I'm telling you folks, okay? Technology is never over, okay? I heard tech, that was, and the NDX was supposed to be over in 2000. If I learned anything then, is that yes, there's companies that get blown up, but guess what? Technology is always gonna lead. Always, always, always, okay? You can kind of just go back to the Hassan buggy and figure out where I am now. Do you know what I mean? So that was kind of intriguing, Peter. Do you know what I mean? It's like, okay, they're overpriced. I think Apple's overpriced. I think it's gonna go lower, you know, but those are the same equities that once this thing is over, are gonna keep going higher. You know what I mean? Oh, and those will survive and have a decent balance, you will thrive. Right, right. All right, Tommy. Okay, man, you have a great one. It's safe one. Put your brain on it. Thanks, man. Stay right there, folks, we'll come right back. We have the Dow right now, down to 71. Nasdaq's off 13, S&P's off 11. You get a sideways move out here. That's the bottom line, folks. And guess what? We, so window dressing is really over like tomorrow. So I suspect you'll go sideways tomorrow the next day. Next week, hold on for the ride, baby, because it's coming at us. And that also sets up. The further that we get into June, the further runoff comes with all these bonds and mortgages. And guess what? I don't care how smart someone thinks they are. This hasn't been done before. So I don't think anyone really knows where that stretch is gonna come. And the stretch is gonna have to do with banks or non-banks being over leavened in the bond market. Stay right there, we'll come right back. If you wanna take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector, as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning, I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. TfNN has just launched their new trading room, the Tiger's Den, hosted at Discord. TfNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. And now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TfNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well. So it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TfNN.com. Tom O'Brien has just announced a live Timing the Trade webinar Friday, June 10th from 9 a.m. until 2 p.m. Eastern time. Join Tom O'Brien for five hours of live education as he teaches you his trading methodology right from his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System. In this live webinar, Tom O'Brien will be teaching you his entire trading system, including quality volume, ABC structures, Fibonacci confluence zones, cause and effect, swing points, and more. We will be limiting this class to 40 attendees, so please do not delay and reserve your seat today for this special live event with Tom O'Brien. All attendees will also receive a physical copy of his book, The Art of Timing the Trade, an $88 value, mail to you, along with a free month of his daily newsletter, Market Insights, a $169 value. For all the details and to reserve your seat today, visit the front page of TFNN.com. TFNN Educating Investors. 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. Now it's down 16, Aztecs are 14, S&Ps are off 11. Let's go take a look at the Amazon, KingDaw, King Amazon here. Now this is getting intriguing. First, I would just want to look at, what I want to do is this. This is where this gets interesting, okay? So Amazon is fuming and should be fuming, okay? So Amazon says it's being unfairly singled out by proposed antitrust legislation in Congress and ones that the bill, if approved, could force the company to shutter its marketplace for outside sellers. In a blog post Wednesday, Amazon said the bill cosponsored by Senator Amy Clovershaw, a Minnesota Democrat, as well as Chuck Grassley, a Republican of Iowa, should also apply to other companies with third party marketplaces, such as Walmart. Amazon also said the requirements of proposed legislation could make it harder to meet its speedy. Shipment guarantees to prime subscribers. The thing that's wild about this, and depending on how long you've been in the market and in business in general, they have a huge point, man. I mean, if we all remember, many of us remember how many businesses Walmart put out of business in all our communities, okay? I mean, you are talking about a huge amount. I don't quite understand, well, I do understand why they can turn around and basically just go after the tech companies, but Walmart is the monster in the room. I mean, yeah, well, just look at that. I mean, who's kidding you? You take a look at Walmart. Okay, revenue-wise, okay, so Walmart's 596 billion and 596 billion, remember that price. And Amazon, oh, look at that right there, is 525 billion. Look at that, that's interesting, man. Do you remember, I remember this one, and when Amazon was like only about 20% of their gross volume. So Amazon's actually catching up with Walmart. That's the bottom line, Walmart's still bigger by gross volume and they should be included in that bill. No doubt. Let's go take a look at the Amazon itself. We take a look at the Amazon here. You get, so you're off this low of 2025. You're 425 bucks over it. Yeah, and they're slamming right into it. So picture, folks, okay, now I'm doing this workshop on June 10th, right? So if you wanna understand the out of time in the trade, go check it out, you get my book, you get the newsletter, plus you're gonna get a great workshop. Now, there's no doubt that the price and volume, okay, you know, it's basically an odd versus a science, okay? You know, science would be that one in one is two, two in one are three, three in two are five, it's for a Banachi sequence, okay? That being said, when you're looking at this, the way I look at a Walmart is I'm always cognizant of what I think's going on in the actual market first, right? So my take here is that we're building cars for lower price, thus far, the way it's acted the last couple of days, that's what it's saying, okay? And in particular, the reason it's saying that is that it goes down so fast and it can come back again, down so fast because you think it's gonna be the end of the world and it's not, it's even worse than the end of the world because if you're building cars, the market's getting stronger for the next leg. So when I look at Amazon, I say, oh, okay, man, I see this now, okay? This is where it was down with 13 million shares. You're, the top of this level is 2615. Now, what I expect we're gonna actually see is that you'll see Amazon get probably up to that 2615 and then close below it and have a huge contraction of volume and it should because that's a monster day because it went downtown. Now, if that's what you get simultaneously and that's lining up like, let's say we have that by Friday and it fails on Friday, that is, then you look at a few more equities, big equities, okay? And if they're not acting correctly also, bottom line, that's where the setup comes in so that your probability goes much higher on your speculation of where you think this market's going. We go inside the Dow industrials, we take a look at the strength versus the weakness inside the Dow point-wise out here and we have, oh yeah, we'll go back to Salesforce, who that's quite a move on Salesforce. Salesforce is putting 109 positive points in the Dow, Caterpillar 16, Chevron 15, taking away from it, Goldman 38, Home Depot 26, Walmart 18, no big deal there. Let's go over to Salesforce, CRM. So this equity, as many others out there, you talk about getting smoked. Oh, and thank you, Ryan, that's right and you know what's amazing? That's right, Amazon is splitting on Friday also. So we take a look at Salesforce, right? Watch this, this is pretty cool. We bring this back and what you're going to see is that Salesforce has just gone from a price point of $311, we hit a low last week of 154. No, 50% haircut, right? The thing that you want to wrap your head around more than anything is that equities love coming back to breakouts and in this particular case, Salesforce, you know, barreled in right to the highs of the lows that were generated out here in March of 2020. Now, it's not out of the woods yet because what we have is this, the price point to reject, and this month is going to be 178.42. You know, we, that's, because that's the high of it. You know, last month you came in with 167, that's going into 227. So that's a nice setup, but I'd like you to get two different things out of this. Number one is that when you think stocks will just continue to go to the moon, go to the moon, if you have patience, the bottom line, you can make your list up and, you know, turn around and say, okay, hey man, I like this price right here. You know, and to me, this looks like a great price, by the way, okay? You know, you'll take heat. I mean, this thing will go all over the place, you know, for quite some time, you'll take heat, but this is also an equity that we have volume at 278. It gave it up at 311, but then, you know, at like 256, it looks pretty good too. So those, when you're trying to pick something out, pick something out that has volume at highs, or close to highs, if you think that this market is flipping, you know, meaning going from one side to the other. You know, that's pretty hard to do, folks, when I bring up the Fed funds rate right now. The Fed funds rate, you can see it right here, it's right now still at basically 1%, and they wanna bring that up to 2.5%. And when you look at the context of the market in general, you know, these prices aren't gonna, you don't go from inflation running 20, 25%, you know, 30%, no, the end number is like 6.5% or something, but the bottom line is that that's, whatever that is, it's not real. You don't go from a big number to a number that's dramatically lower. It just, that's just not how it goes. There's, we have a very large, you know, complicated economy. Complicated in a good way, not in a bad way. It's just that you just, it just doesn't go away. Let's put it that way. Dow, Dow industries right now, down 40, Nasdaq's up 27, S&P's up 11. You get a sideways market, man. You get a sideways market with wide price rate. Stay right there, folks, come right back. Wanna talk about, man, Frank from Gloucester. 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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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. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Welcome, O'Brien. Welcome back, folks, to Dow. Dow Industries right now, down 11, you get the Nasdaq off six, S&Ps are off six. Let's go to our man, Frank Engloss. The Frank, what's going on? Hey, Tommy, having a good time. How's that grand, how's that grand baby, Ulysses? Oh, he's so cool. He's getting so big, folks, okay? He was over the weekend. We had a blast, needless to say. And he's growling and prowling. It's pretty cool. I have a six-year-old granddaughter up here and over the weekend, she jumped on a two-wheel bike and rode away from her father. That is a big day, man. That is a great day. And listen, I just saw Danielle a little while ago and she loved the restaurant you sent her to. Oh. Isn't that cool? I wish she would have called me when she was up here, son of a gun. Yeah, I forgot she was going up there too, man. She had a blast, though. She loved Gloucester, man. So it's so cool she was choosing Heaven, man. Pretty wild, yeah. That's nice. That's nice. Then she did a whole historic tour in Boston and all that, you know what I mean? So pretty cool, yeah. So, let's take a look. ATI, right? Yeah, I must be crazy looking at a steel stock, but technically it looks terrific, especially on a monthly, but it doesn't have any earnings. Okay, so let's take a look. So low's 13, the high's 30, it's right in a 26. Yeah, that's not bad. I mean, you know, US Steel keeps losing money. At least this one's making money. You get, they're looking for $811 million. They're looking to put 33 cents to the bottom line. Okay. So let me put this on a monthly for a second. Yeah, I guess maybe March 2020, it has a high volume low on tested, but it kind of got tested, but not for a lot. So, oh yeah, let me do this. I got it on a weekly, let me put this on a monthly. Yeah, you need a monthly. Oh, look at here, I see, interesting. Yeah, I like the setup, Frank. Okay, so you're trying to get through. So when you're looking at this chart, folks, you can see the way to do, you just go over to the biggest volume days. That's the bottom line. You can see you're coming into this downdraft that was created out from 31 to 20 in one month in July of 2015. So that's gonna, that still takes a little hit. Watch this, we'll put this back. That supply line is big, man. That's the bottom line. That being said, though, man, if it gets through the supply line, you can really get some juice in this thing. Yeah, I would, you know, you could, yeah, for a bad market, meaning, you know, so pitch of the market that we're in, folks, okay? This is a good looking chart for the market we're in. I mean, you know, it's been basing now for seven years. Yeah. You know, the way to trade, the way to trade this, Frank, is I just put a stop under that 24-22 from the lower of last month. Because if it gets down there again, then you open it up, four teams, not worth it, you know what I'm saying? Yeah, absolutely. Let me see, SDTL, let me just, STS, let's think, is that right, SDT? What is steel dynamic, just? Yeah, it's a specialty steel. Right, I'm looking for, man, I kind of find that. Oh, thank you, Duffy, appreciate it. STLD. Yeah, see, this got a sign of strings out there too. Yeah, Frank, that's not bad, because you get steel dynamics, that wants to go chest 100. Yeah, I see it. And that's set up pretty good, man. So you got, let's see, 87 could be a, 73 is your B, 14 bucks, if the C was today, you get 95, and what's that number up there, 100? Well, that blew away the B point. That's pretty good. Yeah, so I think you get some action there, man, especially in this market. If you can find anything in this market that hasn't got destroyed, you know, it's a strong stock. Yeah, yeah. Cooking, brother. All right, thank you. Have a great one, man, have a safe one. Let's go to Jose in Lakeland. Jose, what's going on, brother? Good afternoon, Tom, I trade on my Android phone with Ally Investment. Their platform is so miserable on Android phones. If I get on the street for a hamburger, by the time I get back to my house and my home computer, it could be a $3,000 hamburger. That's how bad they are. We gotta get into the year 2022 now. Yes, I love my RCA flip phone from 1982. I hate to give it up. Hey, Tom, there's a place called California City, Antelope Valley out west. There are big builders walking away from these housing tracks. They've actually paved and even put street signs up and they said they're walking away. And the word is, it's gonna spread all around the country. Well, the first, this is what Jose's talking about, folks, is this. That would be the first move and that is actually a smart move for developer. That's the bottom line, okay? So what happens, folks, is this. As a developer, your risk is not buying the land. Your risk is putting the shovel in the land. That's kind of how it goes, because as soon as that shovel goes in the land, then you have an aspect of, okay, you gotta follow through and when you start a project, you wanna go as quick as you can. What's gonna be intriguing right in St. Pete, Jose, and folks, is this. My understanding is that there's two projects that are pretty big that have started and they're basically putting dirt on them and they're gonna stop. Now, it's not in the public yet, but we'll see if this shakes out and if it does, it's gonna be like a shock. It's gonna be a shock very quickly because folks that really aren't on the street and understanding that what can happen so quick, it'll be, they're gonna scratch their heads and say, what the heck happened here? But I think that's happening. I've been watching these two projects and the way that they're moving, and they're big projects, so normally the way you move is this. When you're putting peers in, you are not gonna cover over anything. You don't have to cover over everything. You're going down, down, down. And that's not happening on these two projects. So we'll see where, but there's gonna be more of that. Yeah, I agree. I can't, you have high-end home owners selling their homes today and they're actually angry at their realtors, their brokers, for getting market value. They're wondering, why didn't I get 50 grand over? They're actually angry at their own realtors for not getting over. Well, when you come to Bubbles, it's a whole trip and we'll see where the shake's out, but the thing that's incredible folks is that if you saw the numbers that come out yesterday, Tampa St. Pete Clearwater is the number one in the country and you know what I've been saying. And I said the best for yesterday, it's so funny because you have these legs and we know how many prices are going down. It's already cracked. I bought two places last week that was a crack, for sure. And what it was, this is what it was, so check it out. What it was is that there's so many people that have hard money out there, right? They can only afford it so long and then they get worried. And when I talk about a crack, I'm talking about a decent crack, meaning there's a neighborhood I'm building out and it was extensive, the discount that I got. And the guy just had to get out, man. So we'll see more of that, man. Unbelievable, keep up the good work. Cooking brother, have a great one, have a safe one. Stay right there folks, we'll come right back. We have the Dow Industrial's down 68, Nasdaq's off 30, S&P's down 15, 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 4.00 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 around the world. 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Yeah, you're down 161, trading to 306. Bottom line, volume out here is 59 million. Friday we did 66, yesterday we did 60. Looks to me like problems in paradise, that's the bottom line. We're gonna take a look at the indice volume now inside the NYSC. We're dealing with 670 million right now, that'll be about 8,500, 900. We take a look at the composite and the composites at 4.1, that'll probably do 4.7 or something like that. If we do bring the composite up and take a look at it, what you'll see out here is, come on, baby. Oh yeah, look at this, yeah. You go over the highs, you're gonna close lower. The market should be about a little bit more, but I can tell you the way the composites set up, let me see if the Dow's set up that way. Well actually, let me look at the S&P, because the NASDAQ looks like it's not gonna go anywhere but down right now. We take a look at the S&P, that's a close call, that's a close call, and the Dow industrials, when I say a close call, the Bones should still come on for a couple more days. And the Dow, yeah, the Dow though, the Dow's saying, man, this is like, you almost got a bearish engulfing and you've only been up like five days in a row. And they went sideways for three days. That, you know, that sets up lower prices, man. That's the bottom line here. Eyes on the folks, the back, and Clare, hot out the bulk and run you over, and thank God, there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning, kicks us off nine o'clock in the morning. Great show. Don't forget about my workshop, folks. It's a week from Friday. Check it out in the front page of TFNN. Have a great one, have a safe one. Meow! Look at him, folks.