 news update, everyone, Basil Chapman here sitting here for Tom O'Brien. This is a 3 p.m. tiger financial news network market update. The Dow is down 200. This is on Friday the 19th at 3, as I say, 35,607 on the Dow down 263 points very weak all week. And the Dow has gone from 36,565 all time high on the eighth of November down to today's low of 30 in the 35,590 area. What we're looking at is the S&P is slightly stronger, but we're going to be following that come early next week because it is so close to the all-time high of 47,18.50. As I said, 47.502.50 right now down just two points, but kind of hanging out to the top. It's almost like a little magnet at the 47.18 level. So Sunday night going into Mondays and it'll be really important. A whole bunch of things going on. Will they be a new Fed chairman? What's going to happen with the new bill, etc. Let's get right to the nitty gritties and say that the QQQ made an all-time high today of 405.30. It's up now at 404.30 up 2.51. Really good action. It is in leg D. We're going to talk about that in the next segment when I do the Tom O'Brien show. We're looking at the IWM, the Russell 2000. That's the 2000 small caps. Very poor action going from 244.46 on the 8th of November down to today's low in the 232.57 area down a dollar 52 right now. This is going to be quite interesting because gold did pull back, pull back under support. It's down 11 at 1849. That's suggesting that coming next week it could be testing the 1840 to the 1835 area because the dollar has been quite strong. In fact, it almost made a new recovery high. It's trading at 96.02 up 48 cents. Really what's also important in the overall macro for the market, what we're looking at is that the crude oil is down 2.68. That's 75.73. Made an all-time high at the 85.41 level in October, October 25th. We're making lower lows and lower highs and that's just suggesting that crude oil is in and not just a short term but more kind of short to intermediate term digestive phase. Let's see what happens coming into later in December and just quickly we'll look at the TLT, the TLT that's bonds running quite well. It's up at 148.30 up with $1.40. Now we need to talk about bonds when we get back. Why? Because that's part of the fact. So here we're going to look at that as well as housing. I'll be right back. Buzzer, Chapter 6 for Tom O'Brien coming up. Stay tuned. Love to see you there.