 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, and certainly let's make it a great night and a great week. Always do your best, but don't overdo. When you overdo, you deplete your body and you go against yourself and it will take longer to accomplish your goals. Market-wise, let's take a look at it out here. We have the Dow Industrial's up 77, Nasdaq is up 90, S&P's up 12.5, gold contract up 12.5 bucks, trading at 17.76 an ounce. We have silver up 35 cents, $22.55 an ounce, light sweet crude up 27 cents, $70.56 a barrel, notes and bonds. A 10-year note, down two ticks, trading $13306, 30-year off five at 163.23 and $Kingdala. $Kingdala is down 78 ticks, trading 93.198, Euro 117, yen 109.21 on the British pound, at $136 to one U.S. dollar. Our phone number's 877-927-6648. Give us a call, folks. 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? Bottom line, folks, is that you get a very weak market, man. I mean, if, you know, most times, folks, you're gonna get a little more bounce than this and we'll see if that's what we get. You know, right now you're up a buck 27 inside the spies. You get 69 million. We go downtown yesterday with 164 million. The biggest deal that we have out here, you know, when you look at markets is that we have a decisive break of the trend line going back six months. That's what you have. You broke it with volume. It had a wide price for an accelerated volume. You know, bottom line is that you can get a bounce out of this. I suspect you're gonna get some kind of a bounce out of it. We're gonna get a choppy market. But my take is that we're going to the bottom of this consolidation and inside of the spies. That's quite a problem, actually. I mean, it's like, you know, the thing is wild, actually. The, you know, when I brought this up in a six month today, it's like, okay, man. You know, I'm using, I'm not gonna bring it down to the end, but okay, here, I'll stop, I'll slow down, folks, okay. March 25th of this year, that's where this trend line starts from. Well, let me actually put it back a year and see if it's actually longer than that. This would be really strange if it's a break. Oh my God. Wow, you can make the case. Ooh, this is scary. Okay, let me do this. This is not cool. I don't even wanna think, oh man. Okay, so I don't even wanna bring this one up. This is sick. Okay, so you can actually make the case that you broke the trend line going all the way back to November of 2020. You know, you might take volume-wise, though, when you get a break, is that you're gonna go to the high volume low. And the high volume low, I believe, was May 17th? Yeah, May 12th. That's where I think this baby's going. And that is, we're still in the 400s there, 404. That's how this baby's set up in the spy. If we go take a look at the NDX100, the three cues, what you have with the three cues is this. You're up a buck 68. And these babies here, it's like that high volume low was sticking out like a sore thumb at 316. You know, now if you would just listen to Dave's show, okay, he was talking about the aspect that if you're a bull, it's much better that you test the lows right now, and it is. And what that's all about, folks, is that you hear me talking about it many times about building cause. What happens is this, in markets, right? So let's just picture, if you, let's picture, we're all bulls right now first. If you're all bulls right now, the best thing you wanna see, man, is that you wanna see this go right back down to the lows, test the lows, and not have enough volume and reject lower price. That is saying that, okay, the selling is over, there's nothing else below it, it's gonna build cause to go higher. When you don't come down right away and you start messing around, if we mess around bouncing and going sideways for two to two and a half weeks, it's a monster problem. That is the building cause, that is the working out of the marketplace to build up enough energy to basically go into lower price, because that's what we have right now. Now the market does the exact same on the top side also, okay? Because when you go on the top side, the bottom line is that you can go high, you know, you back down, you mess around, you go sideways, that's the consolidations are about. Consolidation's really a building cause. So that's gonna be, that's always a huge heads up when you get down drafts like this. It's like, okay, man, how far can it bounce? Is it a bounce number one? And the bottom line is that are you building cause for lower price? You know, so we'll see where the whole thing is gonna shake out, but my take is that it's the beginning of the correction, it came down hard, it came down fast, you know? And most times when you see that happen, that's not a one time deal, okay? That's what comes down to, sorry about that folks, turn that off. You know, it's not a one time deal, that's the real bottom line. We take a look at some of the, well first off, let's go into the, well hey, let's go into Disney cause Disney took a hit intraday. Now the thing that's interesting about this is that the reason it took a hit intraday is that the CEO's doing a conference right now at Goldman Sachs I think, at a Goldman event. And intraday, he turned around and he talked about the aspect that he thinks that stream is gonna slow down. Yeah, I mean, I think streaming probably will slow down, but Disney gets somebody's subscribers, it's a total mind-blower anyway. So what's gonna be interesting here is to see technically how this thing is set up because it's certainly, you know, got fucking, oh excuse me, it came down from 182, yeah, from 182 to 169, like about a heartbeat, you know, didn't break the swing, okay? But if we turn around and we take a look at this and we put this on a weekly, what you're gonna see on a weekly is that, you know, you have a couple high volume lows that you're gonna be testing out. So on this week right here, as long as Disney closes about 168.72, there's nothing wrong with it. It's like one of these deals that, okay, you get, right now you get 23 million coming into 78, but we're talking on a weekly, so you gotta wait till the week gets done. But you get the gist of it, meaning that you pull down, this looks like it's gonna be another rejection, you're coming into the strength whereas 121 million, 121 million shares traded. It's pretty wild all around. That's the real bottom line. If we take a look at the NDX100 and we take a look at the strength versus the weakness, C-Gen is strength, up 3.8%, you got Moderna up 3.5, ASML up 2.4 and you get Team, which is up a 2.3. Stay right there folks, come right back.