 as a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally, at 727-873-7618. This is awesome, come on to L'Evue. We're going over to Paris. What's happening? Hey, Tom, it's Adam from Paris. How you doing? I'm doing great, Adam, yourself? That's good, long time no talk. I appreciate everything you've done for me and my family over the years. We appreciate your ground on problem with us. Yes, sir. I've done the gold reports and all the softwares and all your books in red. It's generational, thank you. You're welcome, thank you so much. Appreciate it. Yes, sir. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We have five days a week, you know, 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. I hope everyone's having a great day, safe day. It's making a great night, folks. Serve the one you love. Once you decide to be a couple, you're there to serve the one you love, to serve your love to your lover. And every kiss and every touch, you feel you're there to please the one you love without expecting anything back. Mug it wise, let's take a look at it out here. We have the now industrials down 60, NASDAQ's up 117, S&P's up 17. Gold contract down $25.50 trading at 1978 and ounce. We have silver down 22 cents, $23.67 an ounce. Lightsweep crew down a buck, $71.79 a barrel. Notes and bonds, a 10-year note. Down 26 trading 113.30, the 30 year off 27 at 127.30 and Kingdoll, Kingdoll's on the move top side. Up 697 ticks, 103.578. The Euro's at 107, the Yanis trading at 138 and the British pound is at 124 to one at US dollar. Our phone number's 877-927-6648. Give us a call, folks. Wanna know what's going on in your world and the world of the S&P's, let's take a look at them, what do you have? We go over to the spy first. We have had some nice volatility out here today, no doubt. We take a look at the spy. Right now the spy's up a buck 80. You're going after the swing high. Now the swing high that we're dealing with out here is the swing high that was back in January, that's 418.31. Now we hit 418.06 today. So the bottom line is that's getting close to tagging it, hasn't tagged it yet. You know, I wish that it actually did tag it today. I mean, we got close to it, we didn't tag it. Because what you have here is that you're doing volume of 60 million versus that 101. So a test is a test, but a test folks is when it actually tags it and hasn't tagged it yet. So close, but hasn't done it yet. Now the other swing that we're talking about which it took out was the 417.62. And right now we're at 417.13. What the difference is, is this, is that this wouldn't be a failure even if it closed underneath it because of the fact that we were already at 62 million shares versus that last high, or 60 million shares versus that last high of 62 million. That's how that works when you're looking at price and volume inside of the context. That's how it works, that's the bottom line. So we need a few more pennies up there. We go into the NDX100, you get a whole different animal happening inside the NDX. There's no doubt about this man. So inside the NDX, what do we have happening? You got a higher high. Now the swing point we're dealing with in the NDX, and this is gonna be on the weekly now, and we just went from 304 and accused the 335 in a heartbeat and you can see what's happening here. The swing you're going after there is the 334.47. And right now we are at 335.67, so you're buck 20 over it. On the weekly basis, it can make it. It can make the volume too. The volume they were talking about is 223 and right now we're already at 170. So that can make it. And if that's the case, then you're really gonna see something because the next swing point up there is 371. So it's pretty intense. Notes and bonds. We take a look at the note and bond market. Ten year note right now is coming down to 1.5 million contracts. You're coming into still larger contract volume, much larger actually, but let's see what kind of retracement we've already done thus far. So you're coming into the 0.618. I suspect you're gonna get it because if you look at this, watch this. You're gonna see that's where all the volume is too. All the volume is right here on that bar. That bar there is, look at this. You're talking about the bottom of that bars. We're at 113. The bottom of the bar of strength is two of them actually, but the first one that's coming in to right now is 112.23. That's a monster bar. The bar before it is also a monster bar. So we'll see how that baby shakes out. We get over to the gold contract. Gold contract's going south as the dollar's going north. And to take a look at the gold contract we have with the gold contract. You're down with, interesting. Okay, so what do you see? One second. Yeah, we're rolling. I see what's happening here too. Okay. We're rolling. This has a lot lower to go. That's the real bottom line. Okay, so we're at 1977 on this contract. We already broke the consolidation on the contract. That sets up. You know, the next leg here. Well, we already hit 1962, 1930, 1930s game. If you go to the XAU, the HUI, we're talking about this this week, bottom line. It's making its way down to the last time we had any volume. It's pretty amazing, actually, that it's made its way down there in four days. You know, bottom line on Monday, we sold in the gold report. I sold specifically because of this. So, and the XAU, we're talking about that number 125. And that seemed like a big number on Monday. It was a big number, but it came down there fast and furious. On the Gold Bugs Index did the same type of setup. You know, and it's gonna be interesting to see how it hits this inside of the XAU and the HUI, because if that baby comes back with too much volume into it, you know, that's gonna be a little, that's gonna be not only a little problem, it's gonna be a larger problem. And you can see the Gold Bugs Index, we're down at 249, the number we're talking about is 244. And in four days, we just went from 271. So, GDX is gonna be the same type of setup. That's how, this is how it trick gold trades, two folks. That's the bottom line, it's just our trades, man. The GDX has an expansion of volume out here today. The number on the GDX is the 3103. And we just went from that Monday morning from 34 to 3,170. We'll see how it handles us down there. So, some of the higher volume equities out here, we take a look at, you have Teslas up a buck and a half, you got Advanced Micro up three bucks, Nvidia, look at Nvidia, oh my God. Nvidia's up 15 bucks. And you still only have a 1.5% shot position in it, but bottom line is that when they move in Nvidia, they move Nvidia in a monster way. Stay right there, folks, we got our man, Mr. Tim Wood coming back as he does each and every Thursday to recap the indices out here. We have the Dow Industrial's down 28, and as that goes up, 130, SAP's up 21. We're gonna come right back with Tim. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, Forex, stocks, and options. Teddy releases his weekly Tiger Forex Report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30 year T-bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex Report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted Forex Strategies and Fundamentals, What is Behind the Tiger Forex Report? For all the details and to start your 30 day Tiger Forex Report subscription today, visit the front page of TFNN.com. TFNN Educating Investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years, a frequent contributor to the TD Ameritrade Network and CNBC. 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When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today, TFNN.com Educating Investors. Call free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks to Dow. The Dow Industrial is down 16. NASDAQ is up 144. S&P is up 24. Let's get over to our man, Mr. Tim Ord, as we do each and every Thursday at 20 past the hour and you can reach Tim every trading day folks at odd.org dash. That's odd-oracle.com. That's odd-oracle.com. Tim's gonna be doing a workshop for us in the next few weeks. We'll announce this workshop next week. He has some great tools. Tim Ord, what's going on? All right, we're kind of, I wanted to update last week we were looking at the gold market. Yes. And I'm thinking we're gonna move higher all the way into August and possibly the 44 area on GDX. Okay. And since then the market has, in my opinion, at least GDX, I think it's probably an ABC down. So I wanted to update those charts what they said. Okay. We did, the first chart is the, let's see which one here. Which one do you want me to start with, Tim? It's a GDX, the 18 day average of the GDX advanced decline percent. Okay. The next window up is the 18 day average of GDX up down volume percent. Okay. And when history, according to history and how when both these indicators get above 40, which they did on April 4th, I got the price of their one got to 45, the other one's about almost 42 over 42. And from there, the market rally leaves at least last three months and as high as six months, but a lot of them around the four or five months. So you had say four months to August or two from April, you get August. And a lot of times seasonally in August is used some sort of a high or low in the gold market. So well since then the market has actually backed off then and what I want to show is the next indicator, which is a trend following indicator, that's chart two. And this is a 50 day average to the bottom window is a 50 day average of the up down volume and next higher window is a 50 day average of the advanced decline percent for GDX. And my point is as long as those are actually, ideally you want both those indicators above zero when that happens, you get in that trend going and that blue shaded area, this chart goes back to 2009 and now the blue shaded areas are times when both indicators are above zero. And I have to check today and the current reading for the advanced decline percent, the GDX average is at 9.43 and the up down volume indicators is still over one from 1.05. So even though the market has pulled back, these indicators are updated in our days. So these are current readings, well this really, I text you, I sent you these charts about four or five hours ago. But I just checked in there a few minutes ago and they're still above zero. As long as they hold above zero, the trend in general should continue. You can have corrections, but in general it identifies the trend. So in my view, even though we pulled back here, if you do your Fibonacci relationship, your compliance thing, if you take the bottom of the October and the bottom of March, the March one comes in 50% retracement. The October one comes in at right around that 31 area and a 38.2% retracement comes in around 31 area. So you have a kind of confluence of around that 31 area, which pretty much we hit today. So I'm thinking this is not a start of a decline, but since both the indicators are above zero, it looks like to me anyhow this rally is, should continue, I think. I don't think there's a top of any consequence here, so. Right, now I wanna go back to how we started off, meaning how we used to start it off because you and I are used to this and this can get confused sometimes to the audience. And specifically what I mean folks is this, and you've seen me do this a dozen times, man, saying, okay, the market's going high, but we got an ABC down, okay? But that's what happens, that's the reality, okay? So it's so cool that you did that, Tim. No, seriously, I mean, because the bottom line is that I actually, I'm with you, 1,000% here, man. And that's what's so tricky about the gold market, right? I mean, the gold market loves trading like this, man. It really does. Yeah, and actually, I wish I had more, actually there's one more indicator before we get away from this. Okay. And page four, that fourth page. Okay, I have it. For that, chart four. Yep. And there's a lot of different types, similar indicators, and I haven't found it really an ideal one yet, but this is a sprout, which is basically you can buy it and it actually buys you physical gold. The sprout fund, yep. Yeah, it's a sprout fund and it's a physical gold fund. So anyhow, you can buy it right now for a discount of 1.16%. This is actually yesterday's close. Okay. And when it gets up around 0%, in other words, it's that par is when times you can have a, sometimes short-term top, sometimes intermediate-term tops, but at least a short-term top. And we're not even to zero yet. We're still at 1.16%. So I'm thinking we don't have enough confidence, or I guess we don't have enough. Well, there's still fear in the market because this thing's still selling at a discount. It gets down to around 3% kit at discount, which has been major lows in the past. That's where the- I see. Yeah. Yeah, the March of 2020 low came in down a 3% discount. And the one we had here just recently, that was what it looks like about December of last year, it got down below 3%, but you get up to 0%, which is all those little blue lines across there in that shaded to light area. That's where we can have a short-term pull-backs. We're not there yet. So I think we'll get there maybe in August of this year, but that kind of reinforces my idea that we're probably, as far as the gold market's concerned, even though there's a little bit of fear out there, this is just a kind of shake-out to get the weekends out before the next rally because I may change my mind, but according to the indicators today, there's more room to the upside on GDX than actually gold. Gold? Yeah. No, no, listen, I understand, man. You know, it's wild, Tim, because we've been doing this so long, and even when we were trading together in the 90s, it's intriguing kind of the way that we look at the market that you can actually, what happens, folks, is that you have to be able to flip like this, okay? That's the bottom line. It's not flipping on the longer term. It's that it had the extension coming out, and the bottom line is that you're gonna get up, and it seems you get the pullback, and as Tim has explained to you how these are set up, and the longer picture, it doesn't mean a lot, and the shorter picture it does, though, because what does happen is that the gold equities themselves move so fast. That's, I mean, that's what's always intriguing about the gold market in general, you know what I'm saying? So, pretty clearly that dollar moved, Tim, the dollar's moving like crazy, man. I mean, that's what's hitting this thing. There's no doubt, you know what I mean? Yeah, I really don't follow the dollar that much, but I'm a little kind of surprised that we're down, as I thought we might hold at the previous highs, but the market's always, seems like the trend line stuff, and the normal technical analysis for gold doesn't work as well. You have to kind of find new indicators. Stay right there, Tim. We have a quick break. We're gonna bring you right back. Dow, Dow Industries right now, folks trading. Come on, get up there. Where are we? Whoops, over here. Dow's down 15, as except 142, S&P's up 23. We're coming back. The gold report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs with the London OTC market, the US futures market, and the Shanghai Gold Exchange. The gold report. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the dollar, bonds, the South African RAND, as well as 25 different mining equities with specific buy-sell recommendations. The gold report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's gold report newsletter now at TFNN.com. 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, and it's not just dry tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free. 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In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well. So it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. 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 Dow Industrial is up two. You get the NASDAQ up 150, S&Ps are up 25. We're talking with our man, Mr. Tim Ord, and you can reach Tim folks at Ord-Oracle.com, 24 hours a day. So Tim, do you want to stay on this chart and we're going to go to another chart? What would you like to do? We go to chart three. Actually, I sent you over another chart. I do a lot of stuff with ratios and stuff. Yep. Did you happen to get it? I sent it to you in an email, just a picture of it. I got four charts. Right? Yeah, you got one more. I got one more. Okay, cool. One second. Now go ahead, you can start talking. I can get it over there. Go ahead. All right. Yeah, I just, anyhow, the first chart number three, the middle window is the SPX, but the bottom window is the five day average of the SPX to VIX ratio. This kind of looks like the big picture. We showed this picture last week. Yeah. And I was predicting, funny how in a nutshell, the bottom window, which is the five week SPX to VIX ratio, when that diverges from the S&Ps, either get a top or you get a bottom and it works really well at tops. And I pointed out the bigger time frames. We had the top here back in January, 2022, then that top back in, in what probably February of 2020, on that previous top. Okay. Lighted in green there, light green. So now the market on the SPX is actually going sideways here since February of this year. Man went down a little bit, came back more approximately right around the February highs. Kind of almost like breaking out right now. But anyhow, if you notice the bottom chart there, the five week SPX VIX ratio has made higher highs, not lower highs, but higher highs. The SPX VIX ratio leads the way for the S&PX. So that's predicting that the market, it's not making a top here, but it's building the sideways trading range that's just going on since last May, is gonna break out to the upside according to this ratio breaking out above the previous highs. As the NASDAQ already did, right? You're high. Pardon? I said as the NASDAQ has already broken out, you know? Yeah, NASDAQ breaking out is leading away, but if you look at this ratio though, it's higher now than it was back in May of last year. It's the highest highs been over the last year. So anyhow, it leads the way. So we're breaking out to the upside. If you do the analysis here, take the width of the SPX and you add it on over the trading range of the last, well, last year, last 12 months, anyhow, and you add that on, you come back up to probably the January, 2020 high. I think ultimately we're probably gonna hit up there, where that's gonna be a top or not, don't know, but we'll probably at least gonna test it and from there, let's determine the market. In my opinion, it's in a healthy position. I've seen selling climaxes in the, calling off where and along with the summation index and both of them got into what they call initiation of the rally type readings. Yeah. So this sideways pattern is building cause to move up, not to move, you know, back down. This is a halfway point down, move up. No, it's a bombing process that may go back up and test it January, 2022 high. So I won't tell. Can we go through the, the chart you gave me with the Bollinger band pinch? Well, oh, this current one? Yes. All right, yeah, I wanted to point that out. It's, I do a lot of stuff with Bollinger. They're really helpful too. Right. And actually, if you want to make life easy for you, look at the weekly chart and along the stocks above the mid Bollinger band, the stocks in an uptrend and that goes along with indexes too. If you look at this chart, just going back to far as like you could go here. If you're along above the mid Bollinger band, you know, you stayed long for weeks, if not months. And if you look at the, you know, the March of 2020 low or two out 2020 low, you got in kind of late, but if you got in there, you know, you would have been long for almost a year all the way up into, well, it'd be January, 2020 high, then finding felt below the mid Bollinger band. Yes. And in general, we've been above the mid Bollinger band since, it looks like about, what, February, not February, probably January there or something. And we're still above the mid Bollinger band. So, and now your, your Bollinger bands are starting to pinch here. When you get a pinching Bollinger band, I mean, the volatility is going to increase. That's what happens in trading ranges. Bollinger bands start to squeeze. Yeah. And that trading range is going to break out. Didn't tell you what direction, but it tells you instead of moving sideways, you're going to start an impulse wave. So the Bollinger band pinch here suggesting we're pretty close to an impulse wave starting. Yeah. In my opinion, since, you know, the five week SPX-VX ratio is making a bullish divergence here to break out, in my opinion, will be to the upside. And you could probably see energy coming to the market, maybe starting this month, still maybe June, and possibly, you know, rally through the summer. Yes. Because of the Bollinger band pinch and, and it looks bullish. So. You know, I remember, Tim, that when we actually used to have, you know, John Bollinger on quite a bit. And, you know, what happens, folks, is that this is, now I'm going back to the 90s, but it's crazy because that's when, I remember specifically Yahoo was riding this band and he was speaking about the aspect that it can ride that band for so long. It's amazing, right? So yeah, this is always intriguing watching how these bands shake out, man. But I like, I like how it's set up. There's no doubt. Yeah. This, this is, this may stay above the, you know, we've been above the Bollinger band for, you know, quite a few weeks now. Yeah. And so we, we may start to trend, but it's a good intermediate term indicator. You know, you don't have to, I mean, you get whipped around a little bit, but in trends, this stays above the mid Bollinger band and it stays there for months and months. Oh, it's a heck of a good trend. So there's a lot of bullishness in the market. And, you know, you look at, I do some stuff with Sinmet too. I do that individual investor thing. Okay. And they're, I didn't have that chart shown because I didn't think we'd have time to get to it. Yeah. They're pretty much in the adult rooms. And, you know, you have your clients probably talking to you about, there's no way this mark's gonna be bullish with, you know, whatever reason. Yeah. And it defines the odds. You know, it's, it does define the odds. Everybody on one side of the fence, you want to be on the other side of the fence. All right. Just stuff like that. You got to love it, right? So, let me ask you this, what, you know, just in general, you only get like a minute left. But in general, like, what have you thought about the market like last five or 10 years in general? I don't know, there's statistic out there to give you a statistic. 74% of the time, going back to 1950, the market's been up. Yeah, exactly. Added dividends is 81%. Okay. So you really don't want to bet against the market. But if you get, you know, big declines, they come every once in a while. We had one, obviously starting to, January 2020. Yes. But, you know, they're really defining those bottoms. What I've learned over the years is you got to go where the panic is. If you don't get panicked, you don't have a bottom. So I learned over the years. Right. Long as you get plenty of panic, you know, you want to buy those bottoms and ride the trend up. Because in general, 75% of the time, the market's up every year. The ride is on up, baby. Tim Mord. Listen, man, you have a great one. Stay fun. We'll talk to you next week, Tim. All right, thank you. Thank you. Stay right there, folks, to come right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN, educating investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? 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TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, the Tiger's Den, available to all tigers and tigeresses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. I'm O'Brien. Welcome back folks of Dow. Dow Industries right now trading up 52. We get the Nasdaq up 167. We get the S&Ps up 32. Let's go to our man, Frank and Gloucester. Frank, what's going on, brother? Hey, how you doing, Tommy? I'm doing great, man, yourself? A little chilly up here. I had to cover up the garden last night. Really? Oh, yeah. Yeah, well, it was a big frost inland. Not so much here on the coast, but... That's wild, man. Well, 37 last night here. 37. Yeah, well, that's hard to comprehend, but I do understand that the good old New England weather. So the good news is that's fleeting cold weather. It'll be right back to 67 pretty soon, right? Well, yeah, it's pretty good. It's in the 60s here the next week or two. So that's good. So anyway, I had this crazy thought, and I thought maybe you could help me with it or straight me out. Seems to me it would be nice. And I've seen people talk about and write about locking in high interest rates in bonds in an environment like this. Yes. And I'm wondering, you know, government bonds, they're not only the short durations they're paying something decent these days, maybe corporate bonds, and then I'm also looking at these mortgage REITs, some of which are paying exorbitant dividends. Any ideas on that? Stay away from the mortgage REITs. The way that works, so the way a mortgage REIT works folks is that they're leveraging the position quite a bit. That's how they pay those outrageous dividends. Yeah, so that's, I'd stay away from that. I mean, when you look at, let's just look at these governments for a second here. So we put this over here. You guys, I mean, I know what you're saying on a longer term basis Frank, but you know, I guess the best thing I can say to you is that the two years are only at 4.2. That's not bad man, do you know what I mean? Not bad, no, okay. Well, we know how this goes, that everything that's above those, do you know what I mean, it comes with risk. I would stay away from those high dividend REITs though, because the way that, the way a high dividend REIT works is this, so pitch this, let's pitch if we're doing a deal. They will, first of all, they have a limited partner. You have a general partner, you have a limited partner folks, okay? So then they come in and make the deal. Let's just call it a hundred million dollar apartment building or something, okay? So that's a hundred million dollar apartment building. Then what ends up happening is that at the beginning of this deal, let's say that they got 20, 30 million into it between the general and the limited, right? Then what ends up happening is that they turn around and leverage that up like, of borrow money at the bank in a pretty incredible way. And so you have the tax, it's a tax efficient way of basically making good money as long as all these rents keep coming in and they can pay the interest rate structure. Do you know what I'm saying? Because what ends up happening is that the partnership itself is gonna get the depreciation on it and they're gonna get the interest rate structure on it, but that's why they can pay 12, 13, 14, 15%. When you see those numbers, to me, that's always a problem, you know? I've seen that they've never stayed. And what has happened, there's no doubt that the commercial real estate has not fallen apart yet, okay? And we'll see whether it does, you know? What happened last time, if you remember, 2007, 2008, it looked like it was gonna fall apart. I mean, San Francisco, you can buy buildings right now at basically 30 to 40 cents on the dollar. But people are gonna go back to work, you know? So if they can last this out another three or four years, I think some of these REITs are probably gonna be okay, but to me, it's too much of a risk to go into something that you think you're gonna get 12 or 13% and then all of a sudden you don't and simultaneously then the principal gets hit, you know what I mean? I get it though, Frank, I get it, you know what I mean? Back in the 80s and into the 90s, I was saving like crazy for college for my three kids and I put a lot of the money into mortgage funds and they were mutual funds in those days. Yes. And it paid off. I don't remember what the rate was, but it paid a great dividend. And of course, by the time things came back down, the kids were at the college and I had already spent the money, so I couldn't lose it. Anything like that? I don't see anything out like that. You know, it doesn't mean it's not out there, Frank, but I just don't. Okay. I mean, do you remember in Boston, folks, the last, what wasn't the last get-go, I think it was in the 90s, the Wang Building. Remember the Wang Building, the Wang Building? Yeah. I'll buy it every day. It's gonna work, yeah. So the Wang Building, folks, it was a building that was worth, let's say a couple hundred million and it went on auction and someone got it for like three million bucks or two million bucks. It was some outrageous sale. It was unbelievable, actually. But you know, those deals are out there, but inside the aspect of, you get the gist of it. I just don't see it. I just don't see it. All right, I'll keep on. Cook and brother, have a great one, man, have a safe one. Let's go take a look at the, so we just had an uplift here, big time coming in. They just had a spike in the S&Ps. So we take a look at this. That spike had volume, by the way, too. Yeah, look at this. That broke. So what this is saying, this is where it's, when we, you're gonna see that now that means that we hit this number that we started the show off at. I suspect it hit it anyway. Yeah, four, yeah, we did, we hit four. Okay, so the 41831's hit. You hit 41916. So now your benchmark again is 41831. That's how this thing shakes out. We'll see what happens today. Tomorrow's gonna be the big day, folks, okay? On the weekly. On the daily here, we'll see whether that this, I suspect this is gonna hold out here today because you only get, well, 10 minutes is a long time sometimes, but what we just did have is that you had this on volume also. So we pull this back and what you're gonna see, look at that bar. And you can see, it's so cool technically, folks, okay? That you can see, you have plenty of fundamentalists that trade the market, but the bottom line is that traders will look in exactly for this high, that they're going right back to that high. And they're saying, okay, we're gonna go after this high. And that's exactly what they did. You go, let me, I just wanna see if the dollar pulled back a bit, because the dollar, no, it didn't. So this market's going higher with the dollar higher. That's pretty intense. Now this dollar, it's up 646. And you know, this thing is game, man. It's game to 105, 106. That's how this thing is shaking out right now. So this volatility is gonna continue. And as Tim was just saying, what's gonna be really interesting is that the expectation that the volatility could continue, but yet simultaneously, he's looking for that market to go a lot higher. And we know that the Nasdaq already broke out. That's the reality, so. Dow, Dow industry is right now up 105. We'll get the Nasdaq up 186. S&Ps are up 39. 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Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks of Dow. Dow Industries right now trading up 128 and Aztec up 189, SAP's up 40. Look at that thing, man, it just didn't stop. We go into the Dow Industries, we take a look at the strengths versus the weakness inside the Dow. And point-wise out here, this is what we have. You have, oh, baby, Microsoft putting 31 positive points. You've got Salesforce 27, Home Depot 18, nothing really big and it's only up 120. That's what's going on. Taken away from it, you've got UnitedHealth minus 39. We've got Procter & Gamble minus 16. You've got Chevron minus 11. Inside the NDX100, we take a look at the NDX100, inside the NDX100, Netflix. Netflix's up 8.5%, you've got Synapsys up 8.5%, Co-part, that's parts for cars. That is up 7.5% and Cadence Design up 6.5%. Taken away from it. The NDX100 is down 7.5%, you've got JD.com up 4, T-Mobile's up 2.5%. Let's go over and take a look at Cadence Design. So inside Cadence, the low for Cadence of the year is 135, the highs 217 and it's going right after these highs again. Look at this thing. Oh, look at that move today. Oh, did they just come out with numbers today? Let's see. That was quite a move, man. Not sure, but that's a big number, man. There's no doubt about that. Volume-wise out here, let's see what we have happening. So volume-wise, you're at 561 on the NYSC, we take a look at the composite. The composite is at four. Well, they're gonna have to throw some good volume here and here at the end. We actually are gonna have late volume, you know? Oh, you remember folks, the bank and you say, Chloe, I hide out the book and run you over and thank God, there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning, kicks us off 9 a.m., great show, folks. Well, look at him, folks.