 Welcome folks. This is Tom O'Brien of TFNN. We've 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. We are kicking into 2024. How's that? Don't take anything personally. This is a good guide, man. When you refuse to take things personally, you avoid many upsets in your life. Your feelings of anger, jealousy, and even sadness will simply disappear if you don't take them personally. Mockin' wise! Let's take a look at it out here. We have the Dow industry is up 60. NASDAQ up five. S&Ps down one and a half. Gold. Gold contract up $19.50 straight into 2089 an ounce. You get silver up 13 cents. $24.53 a dollar. Light sweet crude down a buck 53. $74.04 a barrel. Notes and bonds. A ten-year note. Up 19 ticks. Trade in 113.10. The third year up a full point. Plus 26 at 125.28 and King dollar. King dollar's down 502 ticks. Trade in 109.64. Euros at 111. Yens 141. British pounds at 127 to one U.S. dollar. Our phone number's 877-927-6648. Give us a call, folks. I want to know what's going on in your world and the world of the S&Ps. Let's take a look at them. What do you have? Well, bottom line. Bring the baby up. We got a liquid market. We know that. It's the holiday week. That being said, what you have out here? You got a flat market. You're at 475. So your ABC structure is 502. We bring this back. Now, let's bring this back. Did it hit this thing yet, man? Let's see what we got here. No, it hasn't. It hasn't hit the high on the spy yet. But that would be, hold it one second. Let's go to the SBX because the spy pays the dividend, which would make the difference. And the cash, oh, I see what's happening. Hold on one second. I can go back further than that. Cash. No, it hasn't hit the cash yet either. No, the cash. So cash is at 4771. It looks like it's, I wish I could see that far. High. Where's that high? 4818. 4818. Q's. Take a look at the NDX100. What do you have with the NDX? Bottom line. You got another ABC structure up. Right now, the Q's are flat, up 19 cents. 410. That number there is 434. Now, notes and bonds. Now check this out, man. This is, this move has been extraordinary, folks. There's no doubt it's been a one-way move. What has just happened here, you can see, you know, you talk about a one-way move. We started with the 10 year at 105. And we're at 113.10. If you remember, the A to B equals C to D is 114 to 115. So now you get another wide price spread out here. Now you don't have a lot of volume. You can see the 767,000. That's light volume. There's no doubt about that. But that being said, bottom line, we are at, now check this out. This was a big move in the tent today. Look at this. 3.789. And if I bring this back, you can see in the last three months, 3.789 and then 4.990, even though this was open during market hours. We went to actually 5.02, folks. But that is one heck of a move in bonds. 1.2% to be exact. Now the kicker is here. Now watch this. This is the kicker. You had a five year note auction today of 58 billion. The market was at 3.8. And the, let me get this right again, because it's this seat, this is, this went way below the market man, meaning there was that much, where are you again? There was that much demand. There was this much demand. Here it is right here. Okay. Whoops, wrong one. I write this down. 3.8. I think it's 3.18. Yeah, it was, let me get this exact one. Jesus, this drives me crazy when I do this. I had it right in front of me. And then there's so many stories that pop up. Here we go. Okay. Sorry about that, folks. Okay. So 3.801. Yeah. Okay. So here it is. So the market, they thought they were going to get 3.815. Okay. They would have been happy, meaning the government would have been happy. Well, no, that's what the market was trading. 3.815. Well, they got it at 3.801. Now that doesn't seem like a lot, but it's a huge amount when you're talking 58 billion. And then what ended up happening, because it was such a successful auction, that the market itself decided that, hey, man, I'm going to stop buying the 10s, I'm going to buy the 5s, I'm going to buy the 2s, I'm going to buy the 30s, which took it down as 3.79. Pretty amazing. And then if we go over to the dollar, and then tomorrow there's going to be another 58 billion that goes out on seven years. We go over the dollar, you're going to see we're making our way right down to that bottom. We're getting right next to it now. And if we bring this out a little, let me bring this out a little for a second, what you're going to see is that there's support here, but there's only support. When we take a look at this, it traded down at this 99 for two weeks. You break the 99, man. I mean the largest support and the dollar this is, is down at the 96, 600. That's where the largest support is. You can see the trader there for one month, three months. So we'll see where the shakes out, man. This can bust the slow in two seconds, get into that. And then if we go over to the gold market, you're going to see just the opposite, of course. And what ends up happening in gold? Gold right now is 2088. And we have this high volume spike at 2150. It's going to go there. Bigger issue doesn't get to the 2500. And the bottom line is that you got to remember something, that gold is a worldwide phenomenon. It's a store of value. If you look at the depreciations that are going on across the world, just go look at Brazil. Brazil brought the real down 50% two weeks ago. Turkey, Turkey just, they just keep bringing it down. Okay. And you got to remember that, where people just want value and they want the same price. So they're buying it, man. They're buying it hand over fist. Stay right there, folks. You're coming right back.