 Welcome folks, this is Tom O'Brien of TFNN. We got five days a week, we go seven hours a day, we go 24 hours a day on the internet at TFNN.com. Always remember folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. It's making a great night, folks. We're coming up to Super Bowl Sunday, you're gonna love it. Always do your best. Practice makes the master. This is a great card. By doing your best over and over, you can master the art of transformation. By doing the best, the habit of misusing your word, taking things personally, and making assumptions will become less, will become weaker and less frequent with time. Consistency is the name of the game, folks. My eyes, let's take a look at it out here. We have the Dow industries up 28, Nasdaq's up 42, S&P's a flat. Gold, Gold contract down to $3.60 trade to 2,042 an ounce. We have Silver up 31 cents, $22.67 an ounce. Lightsweak crude up to $64. $76.50 a barrel, notes and bonds. You get the 10-year note trading down 14 ticks right now at $1.1023, the 30-year offer full point, plus five ticks at $1.1922. Now, they're both coming into the lows that were established out here Monday with a lot lighter volume, folks. I expect what you're gonna see is a rejection of lower price once again. We have the 10-year right now yielding 4.17. In the last three months, the low has been established at 3.7, the high is at 4.6. Quite a deal, right? 9-tenths of 1%. And then good old King Dollar. King Dollar right now is trading up 101 ticks, trading out at 104, 158, Euro 107, yen 149 British pound, 126 to one US dollar. Our phone number's 877-927-6648. If it's called, folks, well, I know what's going on in your world and the world of the S&Ps, let's take a look at them. Well, let me take a look at the futures first. I mean, there's no action out here today. That's real bottom line, folks, okay? We take a look at the S&Ps, you'll see they had the low there of 5003, the high of 5017, that's where we're at right now. It's just been inside all day long. We take a look at this. Let's just see, well, I see what's happening. One second, let me see this 10-minute bar because what we just did here, okay, 309. Okay, let me get closer to this now, one second. Because I think we just took this 10-minute, that consolidation out and we get some volume coming in here. Okay, so what is that one? No, it hasn't taken that one. We hit the 5017, what's this one here? Yeah, we're gonna need more volume. Okay, this bar just finished, this 10-minute bar finished, it didn't have enough volume here, let me show you like this way. This is what you wanna look at. There's two bars. You get the bar from the beginning of the day, you get the bar in the middle of the day. In both cases, let me see what that one was. That one was 134,000 and we were at 130, 130, yeah. So what happens here, this will probably go for the high once again the next five or 10 minutes and it'll see if it can get the volume. Because if you get a surge of volume in here, then you will basically go up about 10 points because this has been a long consolidation. So we'll see whether it can basically get up to that 1017 again. Well, the number is actually 1016 and a half. That's the number. And then you need the expansion of volume simultaneously. Let's go to the NQs and take a look at the NQs. So we take a look at these NQs here. So the NQs had a deeper retracement, not the same setup at all, not even close actually, yeah. Yeah, you don't have any high volume bars out here. Yeah, so different ballgame, man. That's interesting, man, just in general. So the NQs, yeah, I mean, I don't see those going to their high today. The high is 896 and right now we're at 866. Gold, we're gonna take a look at the gold market out here. So gold get down to 2034, you get 130,000 contracts, it rejected lower price again. Look at how long this has been going sideways. This is, yeah, you rejected lower price again. We were going at 175,000 contracts, you did 130. That's saying that wants higher price and we go to the 10-year note and I already know what this looks like and this is also going into not only the lows that were established out here on Monday, but it's going into its strength from a few months ago and the one you want to look at right off the bat, though, is Monday, because that's the closest one to us. Yeah, there we go right there. So we're coming into that level with 1.3 billion versus 2.3. Still gonna need a rejection of lower price, but that's telling me the note and bond market's gonna go to and as I said, it's not gonna be a linear deal and then we go to good old King Dollar. We take a look at King Dollar. So when we take a look at King Dollar, what you have out here, same type of setup, meaning we'll see King Dollar today at a high time holding price. We got to 204, 434, right now you're at 104, 141. And New York Community Bank, we got to go to the New York Community Bank because when all is said and done here, this is gonna be the biggest fuss in the world, but not the world I'm exaggerating there, okay? But the bottom line is that between the yellow, everyone's trying to save New York Community Bank. You know that community bank folks has done. That's not only done, but yesterday what you had, you had a Fed, yeah, it was a Fed governor, I believe, come out saying, oh no, it wouldn't matter what happened with New York Community Bank. That's not gonna affect rates. They're out of their mind folks, okay? Let me tell you something. The first time, there's being so much hidden right now in regional banks and banks that have commercial real estate, once those dominoes start to fall, the Fed's gonna crack in about two seconds. They have to crack, because what we still don't know, and this happens every single time that these things happen, here's New York Community Bank, right? Where are the dominoes? Guess what, none of us know. My speculation is that, what? And I'm sure many's are thinking the same thing. We know it's out there somewhere, man. It is like a no-brainer, okay? That they always claim that, no, no, no, I'm not invested in that, oh really? Yeah, as soon as it goes down the tubes, oh yeah, jeez, we were invested in that. We just lost another $500 million overnight. Yeah, see you later. I suspect that very well may be the catalyst too. Commercial real estate may be the catalyst that instead of going down three quads of a point in the next year, you get out a point and a half, because the Fed knows what they're doing, and they're crushing commercial real estate more and more. It's not real, it's residential. They're crushing, and the longer they stay higher, the more it's gonna get crushed. Stay right there folks, come right back.