 Welcome back, folks. Dow, Dow up 179, Nasdaq is up 18, S&P's up six and a half. Let's go over to our man, Mr. Basil Chapman, as we do each and every Thursday at 20 past the hour. Now, don't forget, folks, Basil has an outstanding show here. Every trading day, 12 to 1 Eastern Standard Time, also has a great newsletter, the opening call. You can go over to our website at TFN, go right into featured content. You're going to see the opening call right there. Now, come November 20th. Our man, Mr. Basil Chapman, is November 19th, rather. Our man, Mr. Basil Chapman, is going to be doing an outstanding webinar for all his subscribers from 5 to 6.30 PM Eastern Standard Time. It's really easy to get the opening call, folks. You come over to our website. You just hit the opening call. You hit subscribe. You're going to get a great newsletter for 30 days. You're going to get a great workshop. Inside of that workshop, of course, well, inside of his newsletter, there's four or five other archives that you're going to get. So you get a great newsletter. You get the archives. You get the workshop. You get a 30-day money-back guarantee. Everything to win. Basil Chapman, what's going on? Hi, Tom. How are you doing there? I'm doing great, yourself? Very good. Thank you. Good. Okay. So, where are we going to start? Well, let's do this. Within the Chapman Way methodology, what we'll be discussing a week from is coming Tuesday. It's the 19th at 5 o'clock for subscribers an hour and a half webinar. This is going to be a really strong educational one. I will also give projections on what I'm looking at, as well as I always do what stocks I think are going to be appropriate for the next few months. But most importantly, I want to show some of the techniques we've been using that my subscribers are using every day and calls that I get. I had a number of requests over the last couple of months since we've had some really nice trades. What kind of techniques is this something that you can teach us? So I thought I'd just do a review of some of the things that worked very well. Nice. And you can see right here in the Dow what we've got, a technique that I use is the MACD, the Moving Average Convergence Divergence, which is acting very well right now. But funnily enough, it isn't even close to as strong as it was at the September 12th high when the Dow is at $27,306. So I'm a little suspect yet because if it wasn't for the news this morning, early this morning at 2.30 about the tariffs, these are two little doji candles, which I'll be discussing in my webinar, which candles for me are the most important. They were suggesting that there was a good chance that we should be pulling back. So for subscribers to my opening call, we've been lightening up a little bit some stocks that we've had, we've been stopped out of with nice profits, others we've tried to trade and taking like a 1%. So let's just try to get out of those things. I don't want to be hanging around here, but I think that the market is becoming on the shorter term quite vulnerable. So the technique here is where the stochastic is flat and above 80%, especially in the 90% area, what you need is tremendous price movement because you're not going to get it from the stochastic. So these are things that I discussed. So for the weekly chart, I also talk about cup formations. And look at these beautiful cup formations and we went this last couple into an all-time high in the Dow, but it's still a cup formation. And it has, in fact, this week, it has exactly the same number of weeks from the left side high of the 19th, the week of the 19th of July, to the week of, I think that was September the 13th. Yeah, week of the September the 13th high. And now we've just gone to another high, and we're looking at the same number of weeks. So right here, I'm saying this is a chance that we could start to see some kind of a pullback, but I'm always looking for the fourth highest D and always alphabetized in peak A, peak B, peak C. When you get to the fourth highest peak, other things can happen. You saw that back in July and the daily chart, we talked out at peak D and we've done that a few times. This is an unusual daily GC, but the monthly chart finally has gotten to D. This is where I've got to be a little careful just to look to see how are we going to hold above the previous highs, how we use another technique that I like to look at is, I call it the Chapman Weight Insight Track, two little parallel lines going from recent highs to the next highest high and then the next highest high, and it just makes a channel. So we've just gone above the channel, but this is November the 7th. Oh, happy birthday coming up before I forget. And this is like D and we've got a time match going on to this month as well. So I'm just, I'm a little careful. I love the breakout in this deep cyclical, like United Technologies done very well. Dia has done very well. Caterpillars are improving. So I can't dismiss that. So these are techniques we're discussing. You know, I've been speaking about our stock that we've had actually since December, we've had different trades on it, but basically the last one was at $24 at Bank America. Today it's in leg F and it's $33.60. And it looks to me like we're getting ready for some kind of a digestive phase right here on the shorter term. So these are techniques that I'll be discussing. You know, I'm still looking, we're still long the dollar from April of 2018. I keep talking about these peak Ds. Look D in the daily back on the first of October, 99.67 drops all the way down to just a few days ago. It did 97.11. It made a peak D in the weekly chart and it's leg D in the monthly. And yet it's made a nice H pattern. These patterns I talk about all the time looks like a lowercase H sharply down, makes an arch formation, tests the bottom and then breaks to the upside. So these are all patterns that I'll be discussing in relation to what we're looking at all the time in my daily newsletter, very comprehensive newsletter, as well as projections and what what sectors and stocks do I like going forward. And that's going to be very important. So it's very timely. We just took short positions in the Dow this morning almost at the top. We'll see how that's going to work out, but it was based on all the techniques that I'm talking about right now. And you know what happens, folks? Okay, this is what's so cool. As Basil's speaking, okay, so you get the newsletter. What ends up happening, you get the newsletter, but what you're getting here is you're really getting the full Chapman wave education, you know, because inside once you get the newsletter, like you have these other archives in here, Basil, right? That they have four or five archives and they can really learn a lot about basically how this Chapman wave works and what you're looking at at all times. It's pretty cool because when you get the newsletter, then you know what you're actually looking at too, right? Right, not only that, I relate everything that I'm doing. If I have time every, I mean, I spend hours on every day's newsletter because I love it. It's like an education. So I discuss the waveform. I discuss how the MACD is cross positive. But even here in the Dow, it's not like I'm saying, wow, this is going to be the big smash to the downside yet because, look, the nine-period, the green nine-period moving average is still way above the 14-period moving average and the price is still way above that. So to get this green line to cross negative below the black line, you would have to see the Dow almost at 27,000. That's 600 points lower. So it's a whole process and I like to treat it as a process going step by step and we do it together every day. And folks, really easy to get into. You come over to our website at TFNN. You're going to see it right under featured content to the opening call by MS The Basil Chapman. You subscribe. You can get it for a month, six months a year. All come with a 30-day money-back guarantee, folks. Tom, I forgot to mention the one that we got in the other day, which was cyber and it spiked up. We were in a 104 and it hit 190.99 yesterday. We took some off at the opening today at 116 peak D. We've got to be careful. There's a good pull back. A beautiful thing. Congratulations, man. You got to love it. Thank you. And folks, so I just go to TFNN. You're going to go to featured content, the opening call. You can get it for a month for $128, six months for $5.95, which is a savings of $173 a year, folks, with $995. That's a savings of $5.41. They all come with a 30-day money-back guarantee. You're going to get a great workshop. Basil, you have a great one, safe one. And of course, we look forward to the show tomorrow. Thank you very much, Tom. Thank you. Stay right there, folks. Come right back.