 Brian welcome folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day We go 24 hours a day in the internet at tfnn.com Always remember folks, whatever you think about you bring about whatever you focus on grows up everyone's having a great day Safe day. Let's make it a great night folks Don't make assumptions learn to ask questions There's always better ask questions than make an assumption have the courage to ask questions Until as clear as you can be once you hear the answer to that question You won't have to make the assumption because you will know the truth Mockin wise. Let's take a look at it out here We have the Dow industries up 144 Nasdaq up 98 S&Ps up 26 Gold gold contract trading up $8.50 at 18 72 ounce We have silver flat $21 92 cents an ounce light sweet crude down 47 cents $85 91 cents a barrel notes and bonds a 10-year note Down five ticks trading 107 22 the 30 year down two at 111 to 31 and king dollar king dollar's down 246 trade now to the price point of 105 843 I'm going to show you a second. We broke its uptrend The euros at 105 Yens at 148 British pounds at 122 to 1 US dollar iPhone numbers 877 9276648 give us call folks. I don't know what's going on in your world So in the world of the S&Ps, let's take a look at them. What do you have? Well You're gonna have a slow grind here. That's what you're gonna have and that's just enough to get everyone totally, you know, basically On both sides of the market say no, no, no, it's going to break down. Yes. Yes. Yes. It's going to go up bottom line What you have the spy out here today the spy just got inside its larger range That's another indication that we're going up for the highs. Okay bottom line We get inside that 430 301 you're at 434 925 We go into the cues which are leading the charge What you have with the cues cues out here They were only under That swing point for one day And what you have out here the cues are trading up 257 369 13 and we go to the notes and bonds. Why the notes and bonds because The bottom line is that if interest rates have top might might take is that interest rates have topped So we'll see how the shakes out, but Bottom line you have the 10 year right now rejected lower price today at 107 10 you're at 107 22 It's only a couple days up. Okay. What we had done though is that we had come down and you didn't break out the bottom Last thursday You can see what happened here. You came down hard You know, you didn't get to the bottom of the bottom that bottom was 10603 We got to a price point of uh, 1060 6 And it had light of volume rejected it. That's always a good indication that just might have a bottom coming in So we'll see how that shakes out More so than anything though It it has to do well it has to do with that because if in fact the rates start going down You'll see the weaker dollar and what do you have here? You can see What we have out here the bottom line is that since july 14th The dollar Hadn't been down more than two days And this particular case we're down five days But what we also just did is that we also broke its uptrend you broke the channel line So now the question is going to be okay You got you got a nice it's a nice break. It's a nice break down 255 ticks not bad. It's a quarter of penny. You can see it's a decisive break So when you break something like this your first get go is right there Your first get go is saying, okay, we're at 105 800 now 104 690 Is going to be a lot of support because if you break that Then you're going back inside the lower range That's one way of looking at it another way of looking at it Is that when you do break a channel line? Guess what, you know, this is all the bud rolls deal now watch how this goes, right? You Let's picture this you can go down to that level Then you've got a counter trend bounce and then it goes back up and test that channel Then you fall apart Either way bottom line it might take is that This market wants higher price the metals want higher price And we'll see it shakes out you take a look at the gold market out here You know, there's not enough volume in this gold market right now 148,000 contracts. I want to see something like 215 220 That's when you know you get some real buys inside the gold market You're up eight bucks, but gold can get down like 20 bucks and about a heartbeat So inside the ndx 100. Let's take a look at the strength Who's what's running the ndx? Oh, look at this about a joke that is so you get loose at the car maker up seven and a half eight and a half percent you get Dollar tree up three and a half percent and Electronic odds is at 3.2 taken away from it. Netflix is down two and a half percent. You get fast at all Yeah, which is off one percent Inside the Dow industrials. Let's take a look at the Dow industrials This would be point wise now You have a Boeing up 33 points Home deep you're putting 33 point positive points in the Dow Home depot 27 catapult 17 Visa 15 taken away from it united health 12 travelers seven if we give it an update on the Freedman trial this guy's this is guy You know that the difference between him and madeoff is that this is a young guy that's going to be going away for a long period of time So you've just had Out here today You know the bottom line is that his two close associates You know on the stand basically given a first hand Accountability of just how much money they all stole, you know, that's the bottom line but what what Has happened is that you get these two that flipped meaning that they're now working for the prosecution and He's going away forever folks. I don't know like I guess the difference is is that if he if he's 30 years old I who knows he's going away forever though. This is this is a made-off all over again except that it's a lot more money Stay right there folks. Good. I'm man. It's the battle chopping coming up We have the Dow industrials up 147 nazics up 96 s&p's up 25. We're coming right back