 I'll always remember folks whatever you think about you bring about whatever you focus on grows Hope everyone's having a great day safety. Make a great night folks Don't make assumptions ask for what you want Find the courage to ask for what you want others have the right to tell you yes And no, but you always have the right to ask likewise Everyone has the right to ask you for what they want and you have the right to say yes or no No, let's take a look at it out here We have that our industrials down 94 Nasdaq is off for eight S&P's down 50 gold contract up 35 dollars trading at 17 99 10 An ounce we get silver up 89 cents $22 40 cents an ounce light sweet crude up a buck $71 92 cents a barrel notes and bonds the 10 year up 26 trading 13104 the 30 Up 13 ticks trading at one is 6205 and and check this out man This is pretty wild you get the 10 year yield folks at 1.41 pretty well King dollar King dollars down 451 ticks trading at 96 oh six euros at 113 The yen is out here at 113 point six zero and the British pound is trading at 133 to one US dollar iPhone numbers 877 nine two seven six six four eight Give us a call folks want to 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? Well, you made a new all-time high Failed on price. It's not gonna feel on volume because it looks to me like we're gonna have volume up here Last time it's 72 million, but it being only three o'clock they can bang out like 95 million in there and You know, we'll see where this baby shakes out There's no doubt that as soon as they've hit that as soon as I got over the highs today They sold it big time but that being said this is still right next to the highs That's how this thing shakes out and the x100 we go take a look at the three cues little different ball game That's three cues we'd have with the three cues is that you go over the highs of yesterday and then gave it up in spades And then you are going to have let me look at this for a second because it looks to me You gotta be pushing Yeah, we'll see them when it shakes out tomorrow, but what this is really doing One more deal one more day you're gonna actually put be pushing that swing point with volume and that means higher price also pretty wild The gold contract what do we have with the gold contract gold contract out here trading up 34 dollars 30 cents We hit the 1800 mark not that does that mean anything? No, it doesn't what means something is that we have the wide price spread going with us You get the volume going in this year 158,000 contracts You took out the consolidation next step up here is somewhere about 1825 1925 is game. That's the way I'm looking at this market. We go take a look at the silver contract What do we have at silver silver is always hiding more highly volatile and gold Bottom line finally caught a bid it's up 90 cents. You're trading 53,000 Contracts it already had rejected the lower price from the last time we were down there on September 29 That's saying that so was back on the track to get up to the 25 28 and I suspect silver actually wants to go to the 28 dollar mark right now You're 2245 Let's go and take a look at note note and bond market because this is a there is no doubt You know you get the Fed coming out saying okay, we're gonna taper We're gonna bring that down quicker. We're gonna go up our rates and guess what market is buying The bonds that's and we very well might have a small ABC structure on the way up The ten years down 1.2 million out here today Most times when you have this type of price spread you should be banging about 1.7 so it can still use more volume We are going against. Let's see. We're going against here The high is yeah, the highs to 200 million contracts to 2 million is the normal deal When you get a big day like this and good old King dollar So for us metal bulls King dollars helping tremendously out here any type of commodity bulls. That's that's the real bottom line You know, we'll see what shakes out. I mean the lowest swing here is a 95 517 you know my take is that we're coming back to the breakout area and this is where we've been building cars But there's no doubt it's been frustrating yesterday was a big day because yesterday you've got over the swing high It failed to hold price pulls all the way back. That's telling me that you know We have the breakout area that is game Some of the higher volume equities. Let's go take a look at that out here today. So you have apple down seven I must say eight bucks right now My bell finally caught a bid that's up a buck forty eight you get in video at down twenty two dollars That's having a problem out here. Fies is up two dollars. You get Look at that. That's getting smoke black at Holdings that's not 460 you get Verizon up two bucks. So this is really strange man. Look at the white what the heck so What what the what the phone companies definitely did is that they they got to the lower end of their consolidation? Rejected lower price now you get a monster move and I suspect with this this whole move into the the telecoms as well as The commodities folks. This is the inflation move That's where this to me is just shaking up because you can see you know my bell at this price pays an eight point eight percent Dividend okay, so you could get two different things out of this. You could get the aspect of the principle going higher meaning the equity itself going higher plus you get the kicker of nice Dividend so pretty big number inside the nvx 100. Let's go say take a look at the strength versus the weakness out here Strength wise what you have you had Peloton is up by 2.7 percent You got Kraft Heinz up 2.1 charter communications up 2.5 taken away from it Adobe's down 10 and a half percent you get sky works down 9 and a half percent Xilinx is down 8 and Nvidia is down 7 You can you can see it's always so intriguing watching how the Nasdaq likes the trade Let's go to adobe first because this is you talk about taking it on the chin quick Holy cow and four days the stock has gone from 675 to 556 and we have volume and it doesn't know let's see let's put this on a weekly and see what we got up here Yeah, see that on a weekly. This is this is set up for a Come back to the breakout area at least that's 502 you can see this There's no volume in highs I mean none and then you have volume off the high What everyone should be doing right now is this over the weekend folks bottom line You want to look at equities and if you're if any of your equities in the portfolio have volume off the high I Would put a stop right underneath it. Okay, give it nothing volume off the high Most times sets up a very large correction So as we come back what I'll be talking about Newmont and you talk about Newmont finally catching a bid This is these institutions buying this new months up four and a half percent has volume behind the move We have the gold going higher as well as the gold and silver equity stay right there folks come right back