 The following is a presentation of TFNN. The morning market's kickoff with your host, Tommy O'Brien. Good Friday morning everybody, I'm Tommy O'Brien, company live from TFNN, 9.06 a.m. As we come into the trading week, we get a long weekend to prepare for as well. Markets close Monday for President's Day and we got right now the S&Ps up two points, trading at 43.77, NASDAQ up 27 points. Dow, negative by 10 points right now, Russell, positive by two, markets across the board had men higher, you check out the action. They accelerate at about 10.30 p.m. Eastern time, S&Ps trade from about 43.70 up to 44.10. You're talking about 40 points, almost a full percentage point. We held on to most of those gains. We're sitting right at about 44.00 at 8 a.m. Eastern time. And then some news, geopolitical news tensions ratcheting up yet again in the market, sell off pretty quickly. 40 S&P points, we give it up, since then we've bounced 20 points, we got volatility in spades, quite the sell off yesterday as well. You jump over to the VIX, almost made it to 29 this morning, 28.66. That's above yesterday's high. We are sitting at 27.44. Commodities, Bitcoin, currencies, quite the acceleration, news out yesterday. I think President Biden is gonna sign executive order, having to do with cryptos possibly next week. I saw that headline hitting the tape and markets on the crypto sector, along with the whole market, right? Never a good thing when you got executive orders coming for crypto at the same time as you got the NASDAQ 100 trading off 3%. You had the Bitcoin trade off 10% almost from 44,000 down to 40,000. We take a look at Bitcoin on a weekly basis. We've just jumped off the low of 32,000. Excuse me, what is MBT? There we go. Yeah, and so yes, that's a bounce there on a weekly basis. We put it back on the daily. You can see the bounce off the trend to lower prices, but boy, we give it up pretty quickly off that 45,000 mark on Bitcoin. If you got executive orders coming next week, government regulation always a potential headwind in the crypto sector. Crude oil, under $90. What's going on in that market? We haven't seen this price in crude going back to February 3rd. Not that long ago, two weeks ago, folks. Slight pullback. I mean, you wanna see the type of pullbacks that are possible still in a bull market run. You take a look at the run we've had. This is just going back to, it's the most conservative estimate. You could say December 20th, when crude starts its run from 66 bucks up to 95. A 3A2 brings us back to about 85 bucks. That's where you chopped around for a bit. Late January, 85 bucks, all but natural, with $3 away from that area right now. That would just be your 3A2 of the entire run that we've got since just December 20th. Folks, you're talking about basically two months of action on that crude contract. We jumped to gold. Gold's been having quite a week, sitting right at about 1,900 bucks. Gold up at 1,899.50 right now. You got silver up 10 pennies as well, 23.97. And we jumped to the all-important notes and bonds and we're getting a little bit of a reprieve right now. You got the tenure right now. What do we have? Six ticks at 1.2619. You're talking about a yield 1.93%. I think we're sitting, what was it? 2.03, at least 2.06. A few ticks at least above 2% yields. We give up 10 basis points, a 10th of a percentage point in the tenure in a matter of a couple days as geopolitical risks ratchet up across the globe. Really in the Ukraine, right? So where do we start in terms of the headlines? Let's start with what moved this market at 8 a.m. Now, this story out there at about 2 a.m., but it had to do with women and children getting evacuated from the Far East in Ukraine. And let me see if I can get the exact verbiage there because yeah, I'll pull it up to get the exact verbiage in terms of women and children, but not exactly the de-escalation that we had going on a couple days ago. You got the US saying Russia masked up to 190,000 personnel on their borders, most significant military mobilization since World War II. We'll see how it goes, folks. I mean, the market reacted yesterday, that's for sure. Taking a look in the NASDAQ, we put it on a five-day, man. You get a small reprieve yesterday, up to 14,550, man. You gave up 400 points in the NASDAQ, and there was no positive action whatsoever. You got a 50-point bounce at about 10.45 in the morning, and that was literally about it as this market sold off the entire day. Don't be surprised if we get a bounce again today because you get pullbacks this quick. I was talking to my daddy, he makes some great points. We're right back to a similar area. Maybe you can creep down to 14,000 in the NASDAQ. Very possible. But we have some pretty dramatic selling. Yesterday especially, when you trade from 14,619, we are 450 points below that price level right now. You're talking about 3% in a day. It's a lot of selling. And we are now right back to where we were prior to the de-escalation acceleration higher. All right, now the one thing that I will say is we back this out. We come into the end of the year basically sitting at all-time highs in the NASDAQ. 100 I'm taking a look at. I mean, just from where we were January 4th, we're taking a look at the bounce we've gotten. Made it right up to the 50% right there. The 382 is sitting at about 14,879. We're almost back to that level. You take a look at the S&Ps for some context here in terms of the bounce. We got a much higher bounce because you didn't get as far of a pullback. And where do you rest this, right? Maybe the bodies, maybe the tails. You could be, if you bring it down to the tail from 4808 down to the flash low we got on January 24th. Interestingly, you're right at the 618, right? I'll leave it there. Right at the 618, you can see that bounce on two occasions. Got up to about 45, 50, 45, 81 before we sold off yet again. If you take it as where the bodies line up you're hovering around the 50% on that level. But nonetheless, we're gonna see where we go. We're pretty close to these levels. You're talking about 70 points away from where we were in the S&Ps in terms of that price level. 4,300 is where we were towards the end of January. We're sitting at 4,371. But my expectation is that people have wisened up to the fact that the words meant pretty much nothing earlier in the week from President Putin and that actions are what speaks volumes. And if you back things up, we are basically right back at the weekly lows that we came into. So maybe that's where we find a bid right now. If I was in this market today we'd be possibly looking for a bid early. Not sure I wanna be long over the weekend though with a three day weekend and war potentially on the verge of ensuing. Yeah, we'll leave it at that. All right, let's jump around to some of the stocks. We got some companies with earnings or lack of earnings, we'll call it. Started off with DraftKings. So gambling, not quite there yet. Forecast and customer growth disappoints. So DraftKings is dramatically lower. We're gonna get into Roku, which is really dramatically lower as well. But I guess this one's a pretty chunk lower as well. You're down $3.50 right now. That's almost gonna be a 15% acceleration lower on the open. You take a look at DraftKings. I haven't been talking about it. Man, if you liked it at 22, you might love it at 18. Kinda joke, but remarkable you've pulled back this far. Now at 18 bucks, you're talking about evaluation, market cap-wise of $7 billion. Folks, we're approaching the level that yes, they may take some time to make some money. But boy, when you get down to $4 or $5 billion for a company like DraftKings, they're gonna lose some money. But man, they're gonna make money in the long run. They are gonna have some competition, but they have a brand, folks. They have a brand that's gonna be around. They might have some competition from like an ESPN app, right, an MGM app, something like that. But DraftKings is a big one. And they're trading at 18, you're low $17.41. We'll get into their numbers after the break. We'll get into Roku. I wanna talk about Max Payne, man. Roku, back to $104. We'll talk about this one as well. Stay tuned, folks, we'll be right back. Everything in the universe is governed by the Fibonacci sequence. 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It's pretty dramatic what SPACs have allowed people to do. The reason why people love SPACs is because you can make forward-looking statements that you would never be able to make in an IPO. This one is such a poster boy case for it. So he's now stepping down from the board of Virgin Galactic. He sold a bunch of shares already prior. That article, we're gonna jump to it. So he sold a bunch of shares going back in March of last year. And you had the company drop 10% then after he dumped almost a quarter billion dollars of shares. Now the interesting part here is he does that back in last March. He still owns shares through social capital heterosophia holdings. And that's a SPAC that he formed with fellow investor Ian Osborn. But what I wanna show you here is, so there's the article of him stepping down today okay on the board. Now here is a chart of the equity, okay? You're below the $10 standard on SPACs. You're sitting at nine bucks, okay? Made it up to 62 bucks early last year. Made it up to 53 bucks when they actually pushed Branson into space ahead of Bezos. The price that Chamath got on his shares folks, okay? He sold his shares last March. So here's the article dated March 5th, 2021. I mean regulators need to do something about this because this is the stuff that was created so that rich, wealthy, powerful people couldn't swindle investors out of their money by promising things in companies for public raising of funds that was just not true, okay? So they talked this all up folks. They cashed out big time, at least Chamath did. The point is he dumped these shares. He had 6.2 million shares is what he sold, okay? Tuesday and Wednesday. So this is around March 5th. Now 6.2 million shares netted him $213 million. So he got an average price for his shares when he was selling that of $34.35, I believe. Let me do that again. I just did it prior, but I wanna get the exact number because it's pretty staggering how much money he siphoned out of this public company. $34.35 was the average price that he sold his 6.2 million shares at. $34.35 folks, there is the chart of $34.26, okay? Zoom it in, there's $34.34, $33.34. You get the point. Just a couple of weeks were over this level. He basically got better prices than most of the public did. Yeah, you could have cherry picked a couple tops if you happened to time that thing, but who knew it was gonna stop at 60 and not 600 with the way meme stocks were going back then. Now, in many companies you can say, well he deserves that money, right? He brought the thing to public. He established the SPAC they got it done. There's value created there. That's an argument you can make. But here's the problem with that, okay? You got a company here that's a public company. You got a company here with 258 million shares outstanding at nine bucks a pop. You got a company valued with a market cap of $2.3 billion, okay? And you got the founders siphoning out $155 million. Okay, now $155 million folks is the money Chamath got for his 6.2 million shares trading out at 34 and change versus what he deserves right now at $9 in change. $155 million is what he pocketed by selling to the public, okay? At irrational prices, now that company has that much less funds to compete in the public arena. It's just unfortunate folks, it's gonna keep happening. SPACs are able to talk up crazy stuff. Remarkable, this is gonna be a poster boy for it. They're trading at nine bucks. You see the volume coming in this week, okay? We'll put it back to a 15 minute. You're even a little bit lower today. This thing was up to 11 bucks right now. They started taking deposits I think on Tuesday, $150,000 deposit for a ticket price of 450 grand I think. Don't get into this equity folks. Anytime you see that, you got founders in there, you got Chamath who's scamming everybody with his SPACs. Be aware of that. This stock is under $10 now. When you see this stuff, you see irrational things happening. It's a real bummer though that that's able to happen because he's got more money than he ever needs. And that's just a straight scam folks, pushing this out to the public, getting it up at those prices, selling off your shares, ditching your board seat and taking the hundreds of millions of dollars from a company that's only valued at $2 billion. You're talking about 10 to 15% of their market cap just disappearing, because shares were given out to founders that cash in as opposed to holding it. And you cash in to retail investors buying shares in your public company that are basically getting swindled. Yeah, not surprising he's checking down from the board and I would stay away from all of that guy's investments. That is my take. All right, what else we got going on? Getting back into the DraftKings numbers because it's going to be interesting to see how they open folks. And I would be looking at DraftKings here. I would. You're trading at 1850. If you haven't got any action in DraftKings yet, I would not be buying my full position at these prices at all. But I would be scaling in because you've got a company now that's valued at $7 billion and they have a serious valuation in future terms. If you take a longer term investment goal, then I would think that we are nearing prices when you're at a level of $7 billion. In the context of what some companies and growth companies are worth today, that just doesn't seem like that much in terms of, yeah, it could be worth $4 or $5 billion. But in the long run, I imagine there's going to be some gambling companies out there that are worth well over $10 billion. Fewer new customers, not what you want to hear though to break down the real news that expected even after spending hundreds of millions of dollars to learn new better spending that will continue to generate deep losses this year. Fast market at 12 noon Eastern time, folks. Kevin Hicks had some great points yesterday. He was talking about a competition is stiff and that is going to eat into margins. He made some great points. I was listening to his program. I was thinking about potential bullish trade on DraftKings going into the earnings, decided to take a backseat and watch that one play out. And I'm happy I did. Thanks to our man, Kevin Hicks. Check it out, folks. 12 noon Eastern time, outstanding program. Analysts were looking for 2.1 million monthly payers according to the estimates. Average of 2 million is what they came in. That's quite a miss when you're talking about 100,000 people on a monthly basis. Company also forecast adjusted loss excluding some items in the range of 8 to 900 million bucks this year. Not that bad. Steeper than what the market was looking for. In the present environment where tech investors have displayed zero tolerance for large losses, they're getting punished. And that's, I can't deny that. Sports betting has spread to an increasing number of U.S. states since the Supreme Court struck down the federal ban in 2018. It's gonna explode, folks. It's a good area to be in. And I imagine they are gonna have a presence as one of the leaders in this market. You'll probably see ESPN have an app in some degree. Disney's talked about maybe licensing that brand to a sports app. You have, of course, the casinos. Bet MGM I've seen out there. Let alone fantasy, which will be around forever. They're gonna be spending some money to grow in the gambling arena. But man, it's around forever, folks. And young kids love to gamble, too. So you're gonna get some gamblers. You're gonna have them for life. And the whole landscape. Somebody put online poker for many, many years. The whole landscape is about to change. And it's about to become completely normalized. All right. Almost in the way that poker was running online poker all the time. NBC had poker after dark were exploding. And they were willing to pay for that content to put it online, poker after dark, world poker tour, all that stuff. It was everywhere. I'm not sure sports betting is gonna take over like that because sports betting's been around forever. But you're gonna see it take over the airwaves. Like we've never imagined. It already has in terms of ESPN. If you watch enough ESPN programming, you're gonna start having in-live betting, right? Europe was big on in-line betting. It's gonna take over folks. DraftKings $7 billion. We're up a little bit right now even. Maybe somebody's listening to me talk in the last 15 minutes as DraftKings just traded from 1832 to 19 bucks. 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So children, women, and elderly people began leaving for Russia due to an escalation of fighting along the line of contact with Ukrainian forces, the leader of the self-proclaimed Donetsk. People's Republic said the separatists have an agreement with the government of the neighboring Russian region of Rostov to host people. Yeah, and the organization for security and co-operation in Europe has observed a spike in violence. So their separatists, and they're basically saying they're getting ready for the war to begin and they're sending the women and children out of that region to an area in Russia that they have an agreement that they can be hosted there. So that is what happened at 8 a.m. to sum it up. Not a good development in any way. But we'll see, as in, yeah, we're catching a little bit of a bit. And that's, you know, we've sold off so much, folks. It is priced in. Anybody with real money in this market better figure out. Tensions are pretty high, man. It's a bummer. In the U.S., you're seeing all this politicized, saying that Biden's making it up and all this stuff. Very unfortunate what's happened with politics these days. But we have a real potential humanitarian crisis going on. We'll see how it plays out, but there is a real risk of it, folks. The market, recognizing that finally, and pricing things down by a few percent yesterday alone in the Nasdaq 100. Right now, you get the Nasdaq 100 up by 32 points, the Dow negative by 46, S&Ps, positive by four. Let's jump around to some of those companies with earnings and see how they're reacting on the open. You got DraftKings, up almost a dollar from when we were just chatting at it in 9.15. DraftKings trading down 13%, though. Quite a haircut. We jump over to Roku. Whoops, R-O-K-U is their symbol, 22.7%. Roku also catching a bid, though, on that open there, as the market's saying, maybe 25% was a little too much. We're more comfortable with a 23% hit for Roku. Now, Roku had to do with, they're chatting about it in the den. I mean, Dave White, he's saying, I don't know how they're gonna make money. Well, the market's wondering that a little bit, especially if they have supply chain issues, because, man, Roku, yeah, 26% at one point, better than expected earnings, but they missed on revenue, and it issued a weaker than expected outlook due to higher component prices and supply chain disruptions. But, boy, 22%, you back this thing up, let's put it on a five-year weekly. You're at 111, Roku was trading at 77 bucks in October of 2018. Roku was trading at 176 in September of 2019, and you're talking about right now a company that is valued at, excuse me, as I find it, 14.9. So $15 billion, that company, at 110, $15 billion, I mean, simple math, you were four and a half times higher. Right now, you're at 15, what's that? 60, 65, $70 billion, they were pushing out. Folks, you are nearing the area. If you're an executive in Roku, you better believe that you're actually probably worried that you're gonna start getting maybe takeover bids. They might not be making money right now, but they are portal to streaming. And you got some of the biggest tech giants out there that would probably love to have that type of built-in connectivity to control streaming boxes. You probably have some antitrust concerns if you got some of the biggest streamers out there controlling how you access streaming and probably cutting off access to their streaming competitors. But boy, you're dealing with valuations that are much more likable. Is that the right word? At 110, then at 490, even if you're not growing as fast as they wanted to and you're dealing with some supply chain issues because that company's at $15 billion. And they are gonna be around, folks. When you're looking longer-term investing, one of the questions I like to ask myself right away is, is this company gonna be around? Do they have a place in economic business that it would be very hard to do away with? And yes, Roku has a place within streaming that would be very hard to do away with because they are the leader in set-top box streaming. I was listening to Fast Market again yesterday and they were talking about in many of the smart box, smart TVs, you have Roku technology in there, even though you may not know that. So yeah, it's a max-paying situation here, man. You're down at 110. The poor people that were buying this thing at 300 to 500, man, whew. And not even from yesterday, I was talking about it. Said you could scale into this thing. And if you were scaling, I hope you scaled small. And you'd wanna give yourself three, four times folks to scale in when you have this type of volatility going on. I mean, you could always take a position if you're looking to invest long-term, right? And you're at a point in the market that you're very worried that we have much further to go potentially, right? And you might think so and you might be right when you look at a chart of the NASDAQ 100. Even pre-pandemic folks, okay? If you think the irrational fears for the growth stocks were irrational during the bottom of the pandemic lows, which are probably correct. Everything got sold off because of margin, because of everything, right? So those numbers probably not fair, especially how some of the big tech companies had fared since then. But even if you take the pre-number, you just went from 10,000 to 14,000 in about two years. You better believe pullbacks are possible. You could just scale in once a quarter maybe you decide. If you're gonna buy S&P futures, you wanna scale in for retirement. You don't wanna put it all in right now or something like that. You could scale in over every month. You decide to apply X percentage over every month, one-twelfth of your position. You can do similar things like that if you have cash and you wanna get into some of these equities that have really been hit hard because yeah. I mean, can it become to mine, man? This stock, right? You could have been trying to scale in this thing from 30 bucks thinking you're getting a bargain, from 20 bucks thinking you're getting a bargain. So never be afraid to go a little small. The only thing you're risking there is opportunity costs if the stock gets away from you and you have profits in your partial position. That's the only risk that you don't build the full position you want in some of these equities. Zoom comes to mind. Zoom, new lows, again, on a weekly basis, right? Check that out. You're talking about a low this week of 128.93. This stock was at almost 600 folks and they make money, but they don't make as money as the market thought they were gonna win, was it 5.88? Pretty remarkable. We also have John Deere out with their numbers this morning, little bit of volatility. We trade lower on the open. We're down just 1% right now for John Deere. You take a look at the three-year weekly on this thing. I talked to Kevin yesterday and they were talking about this on their program. Just been chopping around for a while. We near all-time highs. We make it to a high last week of 399.73 within a dollar of those highs we got last year. And since then we've pulled back a bit, but John Deere pretty tame after their earnings. It was last night of this morning. Maybe this morning? Yeah, this, yes, this morning with their numbers. And what is it? Let's pull up, they're there. 290 to a share. Market was looking for 226, revenue top forecast as well. And they raised the annual profit forecast amid solid demand and higher prices. Man, you talk about like barely getting rewarded if not even punished. You get the market lower. So that's playing into things potentially with the dial off 25 points. But John Deere with some pretty solid numbers and barely holding onto the price action, you're down almost 1% right now. Shake Shack out with their numbers as well. Let's see. CNBC out there always with the best updates. Adjusted quarter of the loss of 11 cents a share, narrower than the 11 cent loss. Analysts were anticipating. I think that seems like right in line actually. While the restaurant's chain revenue matched forecast, Omicron variant kept customers away and led to some temporary restaurant closures. Can't deny that. Issued a downbeat current quarter forecast amid increasing costs. And yeah, you're getting punished on this thing, man. Well, looks like the market. Not just ready to punish these stocks too much as you get a little bit of a pop. You're down 7.3% for Shake Shack. You take a look at the weekly, man. Quite a pullback from 138 on the highs about a year ago. You're trading down 7.4%. Stay tuned, folks. We'll be right back. We'll go over some other equities. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Welcome back, folks. We got the market selling off a little bit. S&P's negative seven points right now. You're coming in right near pre-market session lows. S&P's actually hit a low here of $43.59. You're trading right now at $43. There's too many buttons here. We got me, come on. Catch up. All right, well, while we're waiting for those, hopefully you can still hear me, I think so. But we'll jump to some of the other companies that have their numbers out there. Nope, I'm jumping around. Here we go, we just caught up. Okay, let me reset my camera here and make sure you got me. So unfortunately, I'm dealing with a couple of internet issues this morning as the market's trading fast. And there we go, we should be back. With the NASDAQ negative 68 points, that's quite a drop-off. So much for that bid on the open. We just dropped about 100 points on the open. 14,218 was the opening high print. We're trading 14,104 right now. S&P's negative six right now. We jumped to some of those companies with earnings, DraftKings down 18% right now. Roku shares down 21.1% right now. John Deere, their numbers trading lower as well. Down 1.5% right now. Shake Shack down 8.8% even catching a bid on the open right now. Dropbox with their numbers, I believe, as well. DBX is their symbol. Trading higher up 1.3% after their numbers were out last night. They were down to 21.56. I was jumping around to Airbnb. They're getting punished today. Down 2.6% Delta Airlines right now. So he's travel getting punished. Maybe just the growth stocks. Delta's flat right now. Boeing shares down about 7.10%. Disney shares down 3.10% right now. Uber shares down about 6.10% right now. DoorDash with their numbers Wednesday night. Just remarkable, man. Strong, strong numbers. And just like that, we give up 25, $26. We gave it up almost all yesterday. But you're back to 100 bucks. You were up to 131. You were at 95 when he came into their numbers for DoorDash. All right, and jumping around to what else we have going on in the stocks. Let's see, Intel. Their CEO, total investor gathering, aiming to achieve double-digit annual revenue growth in three to four years. They may be interested in participating in a potential consortium if one is formed to buy British semiconductor arm limited. Intel, well, they were lower. Well, that's the last thing investors want to hear is you're going to be spending money to buy competitors. 4.5% now as things accelerate on the open there. And boy, this chart, man. You remember when this thing accelerated from 44 bucks up to where were we last year? I mean, look at this. Look at the technicals on this, folks. 69, 29 January of 2020, we make it up to 68.40. Within a dollar of that price level. Let's back it up even further on a five-year weekly. Boy, you're looking for a buy on Intel, man. 45 bucks is a nice area of support on Intel. Now, when you go longer term, right? I got trading down here. October 22nd of 2018, the week of, you actually make it to 42.36. But you're only talking about $3, man, on Intel. You haven't traded below 42.36 since the beginning of 2018. You haven't traded below $42 since 2017. Five years on Intel, you have an area of possible price support. Now, if you're trading longer term, maybe you can scale in there because you trade below this, $35 is right in the cards there. Let's back it up even a little bit further for Intel. Yeah, you trade below that price level. It's dicey, man, because you're probably trading right to 35 bucks pretty quickly for Intel. But maybe you scale in. Always nice to see a nice easy area of support on the chart and how many times. We got it in October of 2020. We got a flash low in March of 2020. That's where Intel found a bid as well, all the way from 70 bucks almost to 45 or so. 43.63 to be exact. We got down to 42.86 in 2019. And you see, also in 2018, we're in that area as well. So Intel, right back to the area, down 4.8%. Yeah, any time a company's gonna be spending money to buy one of their competitors arm limited, maybe a consortium is how they may go into things. But down 4.8%. Let's see how some of the other chip stocks, you got AMD. That's quite a parabolic chart if I've ever seen one, right? AMD on a longer term basis, man, you're trading at $16 at the end of 2018. You're trading at $16 at the beginning of 2019. You push 160 on this stock at the end of last year. You're basically flat this morning. And these markets trying to figure out whether today's a risk on or risk off day. They're not quite sure just yet as we have the S&Ps now, negative four points right now at 43.70. Let's jump around to some of the fang stocks and see how we're trading as we come into the long weekend, Amazon shares. Quite a pullback yesterday, continuing that pullback down half a percent right now. Microsoft shares trading up a quarter percent. Check that one out, right? Now Microsoft, you're now $60 off the high of Microsoft. Man, that's quite a pullback. 70 bucks is a solid 20% haircut. So you trade down to 280, right? And maybe that's where Microsoft is the buy because that's 280 right there. On October 4th, folks, you trade down to 280. That's a 20% pullback on this equity. That's a decent pullback on Microsoft for a strong company in a big way. Let's jump to Apple shares. Apple, not quite the pullback in terms of 20%, right? You're only, how far are you off on Apple? 14 bucks off of Apple. You'd have to be 36 bucks to be 20% off of that equity. And remember, Microsoft crushed it on their earnings. They put it on the daily, right? They crushed it. They gave a lot of it back the next day, but they had some great earnings out there. They've continued to give it back though for Microsoft trading at 291. And, you know, Activision Blizzard, the market is telling you that Microsoft is gonna face some headwind here because the purchase price on Activision Blizzard is $95. You think that deal's getting done? You can buy Activision Blizzard at 81 right now and you get to sell it for 95 if it gets done. If it doesn't get done, it's trading down to at least $65 probably. So you are, what? You're risking about $16, give or take, for the ability to make $14. It's about a 50-50 shot, barely in the positive. Call it 55-45 that that deal gets done for Activision. If it does, I think it's a good thing though. In the short term, they're gonna have to spend a lot of money. What is it, $70 billion or something like that? In the longer term, gaming is gonna be a big part of the future. It already is from Microsoft and they're just solidifying their content library there, which is gonna be important. And the only reason I say it might not get done is because one of the things I saw for this to get done trying to deal with antitrust concerns is that Microsoft said that I believe was the Call of Duty game, which is maybe their biggest. Let's see if they listed here in terms of the company and the games they make. Let's see. Yes, Call of Duty. So they make Call of Duty, that's the biggest one. It's a big game on PlayStation as well. And they've said that they will continue to offer that game on PlayStation. I imagine that eventually that will not be the case. There's no reason why you're gonna be running your Xbox platform and have an internal gaming unit that is pushing out games for your biggest competitor, the PlayStation. They have to say that to get it done. I'm a Microsoft Bull, I have some Microsoft and long-term investment portfolios, okay? But of course they're gonna say that, man. They're gonna say that because if they don't say that, then the market might say, hey, that this is gonna be way too anti-competitive if you're buying some of the biggest game makers out there and making sure that you can't even put it on the competing game maker. But we'll see. Microsoft trading right now up 0.3%. Stay tuned folks, we come back. Take a look at some other companies out there with numbers. They're talking about Walmart in the den. They're talking about Salesforce. Stay tuned folks, we'll be 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. 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The Tiger 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 a $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. Do you want to make $1,000 per year on $100,000 invested, or $7,000 per year on a secured Tiger First Mortgage? The Tiger First Mortgage Program may be just the program for you. The Tiger First Mortgage Program pays 7% per year, paid monthly. For more information, you can call 877-518-9190, that's 877-518-9190. 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, as our man Basil Chapman would say, the day is young. Basil's coming up next, folks, live at 10 o'clock. We got, of course, our man Larry Pezzavento. He is gonna be live, folks, at 11 a.m. this morning. He will be doing his program. We have Fast Market at 12. Steve Rhodes just did his program live at 8 in the morning, so we'll be playing that live for the replay at 1 o'clock. Dave White live with the Power Trading Hour from 2-Chill 3. Tom O'Brien, my dad, live, wraps it up for the final hour of the day. And remember, we're coming into a long weekend, man. In this market, we're catching a bid, folks, just like that, the S&Ps. You just jumped 20 points in the last nine minutes. You trade from a price point of 43.62. We're pushing 25 points now higher from the last nine minutes. NASDAQ 100, you're now right back to where we were at the open, 14,216. Some of these growth companies, man, the turnaround, the volatility these growth companies have when you're dealing with some big multiples, man. Salesforce, you're up 1.2%. This has been quite a pullback, but you just jumped $3 on this stock. Now we have some Salesforce in my newsletter. We've pulled back pretty harshly. You're right back to where you were, folks, in March. The low there, 201.51. You're almost right back at the 618. If you're looking to get in this equity too, you could start scaling in because you got a nice area here. You could wait maybe until you get to the 618 potentially at 190 when you're sitting at 202. Very possible as well. And what was the other ones? Yeah, Airbnb I talked about earlier, man. Talk about the volatility. When these markets turn around, Airbnb trades down $7. Trades back up almost $7 to 182. You talk about volatility. They're talking about Walmart and the dent. I also have some Walmart in my newsletter to rocket equities and options. They had a strong earnings number yesterday. You were accelerating higher at Walmart. Almost trading inverse right now with those growth stocks, right? You spike up to 139.59. You've pulled back a bit as we've seen some of those growth companies accelerate a bit higher and keep your eye on Bitcoin as well. Bitcoin down to 39,660. Back about 40,000 right now in that crude market sitting at 88.92. All right, folks, thanks so much for tuning in. Starting your Friday with me. Stay tuned. Basil Chapman coming up live with the Tiger Technicians Hour next. Have a great weekend. Have a safe weekend, folks. We look forward to seeing you back here on Tuesday, but stay tuned because we got live programming coming up. Basil's up next. We got Larry Pezzavento live at 11, fast market at 12. Stay tuned, folks. It should be a while. Well, we got markets in positive territory across the board right now. You got crude down to buck 05. You got gold contract down five bucks at 18.96. Stay tuned, folks. Basil's coming up right now.