 A presentation of TFNA. 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. Let's go to Phil in Puerto Rico. Hey, Phil, what's going on? Hey, Tom, doing great. Just wanted to thank you guys and the whole crew. Best content on the internet. Really appreciate everything you guys are doing. We appreciate your growl and the problem with us out here. Phil, how did you find us? I just typed in live trading in YouTube one morning. Cool. I was looking for any type of live trading room you guys came up with. Awesome. I know quality when I see it, but at least I like to think so. I mean, you guys are just a dream. I appreciate everything you guys do. Welcome to the Tiger Film. We appreciate your growl and the problem with us. My pleasure. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien at TFNN. We have 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. Let's make it a great night, folks. Be impeccable with your word. Seek to know the truth. When you hear an opinion and believe it, you make an agreement because part of your belief system. The only thing that can break this agreement is to make a new one based on the truth. Only the truth has the power to set you free. And, boys, I had to find out the truth these days, man. Make it a wise, let's take a look at it out here. We have the Dow Industries up 27. Nasdaq, where is she? Nasdaq up 26. S&Ps down 11. Gold contract trading down $4.80 cents at 17.82 an ounce. We have Silva trading off $0.37 cents, $0.19 cents an ounce. Light sweet crude up 69 cents. $94.59 a barrel, notes and bonds. You have the tenure note trading down 1. plus 8 ticks at $120.03, the 30-air for full point, plus 25 ticks at $142.29 and $Kingdala. $Kingdala's on the move top side big time here. You got King, excuse me, $Kingdala's up $700.67 ticks, $106.216. The Euro is at $101. The Yen's at $132.00 and the British Pound is at $121.00 to $1.00 US. Our phone number is 877-927-6648. Give us a call, folks. I know it's going on in your world. In the world of the S&Ps, let's take a look at them. What do you have? Well, bottom line, you get an oscillating market. Can't make it higher. I suspect you're going to back down a bit here. You got to take a look at the spy. You know, Friday, bottom line, you're coming into the June 1st swing point. June 1st swing point is $417.00. Friday, we made it to $413.00. Yeah, $413.00. You had volume out there at $87.00. Yesterday, you did $69.00. The bottom line today, you should get $69.00. We'll see. If it doesn't get $69.00, you're going to get more of a back down. You know, I'm not expecting a disaster here, but I'm accepting some kind of a pullback. NDX100, we take a look at the NDX100. Same type of setup inside the NDX100.00. Bottom line, you get, right now, Friday, what we did is we did $57 million. Yesterday, we did $46 million. Now, we're going to do more than that. We're going to do, like, $50 million or something. So, it has a shot of $57 million, really. $17 million from now. That can be done. We'll see whether we can hold price. So, two different things inside the queues here. The price we'd have to hold is a bit higher than we were right now. It traded out a lot higher than this, you know. This has been, if you've been in front of a machine, folks, this has been a nice day. It's been up, down, you know, two or three times. So, you have $316.39 is your benchmark. You close over $316.39 and, you know, bottom line. Then, that could launch. That's what it comes down to. Because you're already over the $314.00. That's what it's, you know, that was the June 1st level. And you can see, when I bring this back, this is where this is at. So, let me show you this. Because we are coming up to a supply line that is huge. You can see this thing, you know, this is... So, that supply line goes all the way back to January of 2021. So, we got, what? Almost a year and eight months. And what a supply line specifically is, folks, is this. Picture everyone that bought over this level, right? If they held, they've been in a losing position. Well, you're coming up to that line. That's going to be a long line to take out. Let me tell you something. That's the bottom line. It really is. Some of the higher volume equities out here today, and this market, and it's going to be a low volume market. You have advanced micro is up too far. You got Ubers up $4.59 to get there. They went on all cylinders, no doubt about that. Came out with numbers this morning. And Vinny is up $1.50. Let me make this bigger. There we go. That's a lot bigger, huh? That's a little too big. Messing with these things, man. Come on. I don't get it. Anyway, let me get a different screen here one second. Sorry about this, folks. For some reason, I got the print is huge. Now the print is small. What is going on? Doing something wrong here. Okay, one second. I'm getting a different screen. That's what I'm doing. That'll start it. Let's get a different screen up here. There we go. Okay. So let's get into the, let's go take a look at the gold market. Oh, no, no. We're going to bonds first because the bond market, this is something else, man. You get bonds. They're in a confirmed ABC structure up. So let me see what this is doing here. So you've done 1.7 million, which is a lot of, but you went to a higher high and gave it up on price. Well, we'll see what happens. That's good. It means that we're going to turn into a complex ABC because we took out, see, we took out the 126 with volume, which is saying the 124. We hit 122. And then this thing just sold off. Yeah. This has been selling off all day. So this starts selling off. Yeah. It bottom line eight o'clock to eight 30 this morning. I just sold right down. So right down to the strength. We go to the gold market. We take a look at the gold market out here. Okay. So inside the gold market, we reached, I've got to get these, these, I'll get these charts straight folks at the break because this is brutal. Okay. So we got up to 805. You got 161,000 contracts. Okay. That's good. That's good. It's got to bust through this, but it's going to take a bit. It's going to take a bit to bust through the 8808. That's, that's how ISIS set up there at 1808, but this is coming in with good volume and out of the baby to get that baby busted. So it's intriguing that it's actually holding up at all with the doll. The run the doll is taken right now. Dow, Dow Industries right now trading down 300 day. Well, let's go through the Dow quick before that break and see what's whacking the Dow because the Dow's getting whacked. No doubt. So you get Caterpillar. Caterpillar. Oh hell, let's do the points on it. So point wise, you have, yeah, Caterpillar's putting, Caterpillar's putting a negative 69 points. You got Visa 33 bowling 31. Stay right there folks. Come right back. Of booming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in gold. This, the gold's flagship asset is the Monk Todd Gold Project in the northern territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tail one mining district. This is a large scale, low cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Mount Todd feasibility study, which resulted in a 7 million ounce gold reserve in a 16 year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This distinguishes Mount Todd as an attractive, diverse pot, ready development stage gold project. This, the gold trades on the New York Stock Exchange and the symbol VGZ. 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 TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the markets open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk free with our money back guarantee at TFNN.com. TFNN Educating Investors Today we're going to be talking about a trading day trader, Larry Pesavento, 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. Fund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Welcome back folks, Dow. Dow Industrial is right now down 388. You get the Nasdaq flat S&Ps down to 19. Let's get over to our man, Mr. Basil Chapman, as we do each and every Tuesday. And don't forget, folks, Basil has an outstanding show here every trading day. 10-11 Eastern Standard Time. And he also has a great newsletter. Now, coming up, you're going to have a real treat. Our man, Mr. Basil Chapman, a week from tomorrow, next Wednesday, he is going to be doing a live webinar that's going to go from 9 a.m. to 2 p.m. So check that out on the front page of TFNN. Bottom line topics that are going to be covered. We're going to be talking about entry and exit points, addressing where to add and subtract in the positions. Bottom line, let's get our man, Mr. Basil Chapman, right here so he can talk to us about exactly what he's going to be teaching out here. Basil Chapman, what's going on? Hi, John, how are you? I'm doing great yourself. Very good, thank you. Good, so let's talk a little about the webinar first, Basil. So, over the decades, what I've been doing is slowly trying to refine to make it as simple as possible to identify particular patterns within the Chapman Wave methodology. And to that regard, I've refined it to the point where I look at the charts and every single chart you can see, there's a straight line up and a straight line down at some point, and then there's a cup or an arch formation. It could be an A and B, but it's basically going from one point down and then going back to that point. Just like you try to assess, you look at volume and try to assess what the volume is when you go back to a particularly important point. So I like to do that and I use my own technical indicators. So I look at three patterns straight up, straight down, cup formation, arch formation, and then I draw in patterns that mix the two. One and two would be the green where it goes up, makes a cup formation, and how it takes out the left side high or needs resistance is very important. And on the downside that's mixing one and three, you come straight down and then you make the arch formation, how it tests that left side low is very important. And even just out glimpsing on the charts on the left here, you can see we've got these patterns right here. So what I've been trying to do and what I like very much is during my show, The Tiger Traditions Hour, I like to demonstrate live what we're looking at. So when you look back, when you look at the textbooks, of course the textbooks are perfect. First of all, the person choosing to make the textbook has chosen the ones that work perfectly. And you're going to have a reference point that is historic. I like to make it projections. So even today during my show, and then I also subbed in Larry's Hour because he was unable to do that, I showed a particular chart patterns and I showed how you can draw in a time sequence. So from the left side moving up to the right side could be the same number of bars. I just finished this. In fact, some of the people in the den would have seen me doing this live. I had already drawn in this left side green line to the midpoint, that little kind of doji, which is always a very good sign. He has a doji candle at the top. He has a doji candle at the bottom. You don't even have to know what the chart is. I'm telling you, it's the E-mini one-minute chart. It doesn't matter that it's one. If you were looking at this chart, you'd have no idea whether this is a one-minute or a monthly chart because charts repeat. There's a fractal of human nature that gets repeated over and over. Accessivity or too enthusiastic to very depressed or very low. That's what the market basically does. I showed that there was a time sequence from the left side to the right side in an arch formation. One particular period would be over here. The next one I drew in would be right here. Here it is. It's two bars late and it must go into the exact left side low of 1352. Now what we do, if I invert that, you'll see that this is exactly what I'll be teaching. I use the one-minute chart only because you can get weeks or days of positioning in a very short term so it's like an accelerated lesson. Right, because what happens, which is really great, folks, is that when Basel is doing this live, what ends up happening is that when a system works, it works whether it's a one-minute, five-minute, 10-minute weekly. So you get to see that on a continual basis live, which is so cool. Yeah, there's no doubt. Because no one knows what the next bar is really going to do. Right. What you're projecting either works or it doesn't work. Right. That's the proof of the pudding. So in this cup formation that I love to talk about, that's the number two was the cup formation. Look at this. The dowler's formed a cup formation and my objective always in the chapter wave, and this is what I'll be teaching as well. I'll be doing this live during the day when I do my show. I talk about trying to identify the lowest low and then counting each successively bar. It's on that fourth highest bar, alphabetized A, B, P, C, P, D at the fourth highest bar that other things can happen. Well, lo and behold, we've been long since the low of the dow back on the 17th of June and we've had a number of diamonds in the long diamond positions and we still have, and there was this doji candle at the fourth highest peak, P, D, and that's where I say to subscribers, we've got to be a little bit cautious here. So the high that was made at 32,972 and what I was saying is 32,900 should be strong resistance. Here we are in leg D. The QQQ, which is what we have, a very aggressive long position via the TQQQ three times long. We've been taking a little bit soft because they basically trading vehicles, very wonderful trading vehicles, but holding them long term, you really have to be in the up move for a while because any time we go sideways, it's going to shrink, the premium will shrink. So we've been taking profits. We took another bit of profit today, up about 28%. These are very nice vehicles. So there it is, leg D, probably a peak D today, peak D is where other things can happen. That's what I teach in my courses and there's another one that we belong is NFE which is an oil and gas company, New Fortress Energy Inc. A-Shares Natural Gas Fuel Solutions. Here we are. This is the patent that I was just describing. This is the inverted patent of that big arch that I was looking at in the one-minute chart of the E-mini. Here is NFU up 65 cents today, 50.09. We've been long since about a week ago at 45.51. It's only in leg C and look at this beautiful left side, the number of bars on the left going from 52.37 high of the 7th of June came down to the 6th of July at 3626 and now we're expecting that you've got another day or two to go to try to get to at least 51 closer to that left side high. So these are patents that repeat over and over and what's exciting about this is it's only leg C in the weekly chart I'm anticipating a leg D above 52.37 one penny above stars leg D. So these are basically fractals. These are dating charts but we can do that at any point with a one-minute chart, five-minute chart and nothing changes. It's just you're looking at a different time frame. That's all. And folks, it's very easy to come into Basil's newsletter, come over right to our website you're going to see it right into featured content bottom line, it's a week from Wednesday just hit that checkout button. Now what happens folks is that you get the workshop's $295. You get his full newsletter with that workshop. So it's a huge amount of information you're going to be out there bottom line, six hours, great five hours, great information and if you can't make it folks it's archived so you can basically go over it again and again and the reality is that you want to go over it a few times anyway no doubt. Basil you have a great one, safe one we look forward to showing it tomorrow and we really appreciate you doing those two hours man thank you so much. Thank you Sam, thank you very much. Thank you. Stay right there folks to come right back. To see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting TFNN.com don't miss out on the next great gold trade sign up today. 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Think or Swim for more information just click the Think or Swim banner on the front page of TFNN.com Welcome back folks to Dow Dow right now is down 295 you get the Nasdaq up 15 S&Ps are down 14 let's go take a look at the spy because what we had had here is two separate ABC structures on the way down so what the question is is that the ABC structure for the 335 is it still in place so let me just show you how what came down here right so when we take a look at this the first ABC structure had a price projection of 365 and what end up happening we hit 362 now you can see this is the second ABC right here the bottom line is that we took out that weekly with 650 million versus 500 and the bottom line is that you know you came off that low we're up here now so what would end up happening is that you can say it's a complex one okay that's number one so the reality here is that okay can you think you're going to go back and test this low now you certainly can test the low because it's a high volume low but when we put this what happens here we put this on a monthly what you're going to see is the bottom line is that this actually had a contraction of volume versus the month before so my take is that second ABC structure down to 335 is not going to fly you know because my larger take which I've said 20 of times now is that we've hit a bottom that's my take on it I think we've hit a bottom I think it's going to be deviant beyond belief I think what you're going to see you're going to see a lot of backing and filling and you know paranoia that's for sure but bottom line is that I think we hit a bottom if we go take a look at that Freeport Mac Moran FCX this is a very large gold and copper company this baby here you know I'd say is off the bottom too you know what you have out here they have a high volume high from Friday that's up at 3173 you're backing down to another high volume 27 million with 14 million that's saying it wants higher price now where that brings us back to now let's go to Boyle because we had a question about Boyle's Boyle and ABC structure on the way down so Boyle is the natural gas 200% pro-share inverse correlation of the natural gas so if we take a look at this yeah it went too far for an ABC down one second hold let me through this because I believe that it just yeah it did so what happens with an ABC down I can see what you're looking at came down with volume went up with lighter volume but you see when it hit the 0.618 it actually had some volume on that you know so we hit the 0.618 with 3.9 going at the 4.9 but you notice you're not looking well first off you don't when it goes over a 0.618 that negates an ABC structure up or down that's how that works ok the aspect of higher volume there also negates that level that's how that shakes out so let's go take a look at the TLT we take a look at the TLT out here the TLT this is a 20 year plus that's down $2.12 right now trading 117 because all the bonds are getting hit right now no doubt that being said it's light volume if you're in it I wouldn't just yeah I'd hang right there man you know because you're going into this one here is 24 million shares you only get 11 on the way down you know looks like there's going to be let me just see the 10 year so the 10 year right now we're 2.57 this morning we're 2.74 right now so there's no doubt that's a big move the dollar is the number man if this dollar decides it's going to take off again man you know it's going to be a problem and the number to keep your eye on on this dollar is going to be this 107.264 level that's the level that's out there that if it gets on the other side of that level once again it's a problem because once it gets on the other side of that level man it can go top side let's go to Frank and Gloucester Frank what's going on hey how are you Tommy I'm doing good man yourself yeah fine thank you so let's see what we have here oh Uranium Minus I see okay so you get sprung this is a little Uranium ECF and it looks this is still pretty good yeah okay so let's see what they have inside here so you get it's radically different on a daily weekly and monthly but yeah so let's see what we have here okay yeah I can see that it looks good man there's a good looking chat yeah so you know I mean you can see this you know we go back to June 7th I love seeing something like that man do you know what I mean that's a big sign of strength yeah then it came down from 70s free all the way down to 54 then got another sign of strength last week so that's telling me this thing wants to run up to this 75 area that's how they set up there's a swing there at the beginning of June yeah let me put this on a weekly now that was the daily right so the weekly yeah that's a good setup man that's a good setup you know what I really like about this rank you know you can place your stop pretty close man because you can see the last time with volume on the way down we came to 56.72 with 3.8 million then we tested it with 1.7 million right you know that's showing you that it's going against the strength which had 1.5 yeah I know it doesn't look like it's going to get back to that 94 swing high in April but that's right it wouldn't have to you know these are what happens if you want to see something at highs folks that Frank picked up this is important to wrap your head around for a second okay and this is what it is see we had a high volume spike up at 98 and it was great volume 6.1 million and then it made a top with 2.7 million you know when the differential is that dramatic it's like oh man okay so that's why it went from 104 all the way down to 59 which is insane I'd love to get this I'd love to grab on to this long term from like look at that dividend I got a 7% dividend on this that's huge man no I'm with you okay so we got the holdings yeah it's going to be leverage man it's going to be leverage for sure well because I don't think Kimiko let me see if Kimiko that's as good as Tiger Real Estate 7% I know I like it thank you yeah I don't know where they're getting 7 either because Kimiko is the largest uranium stock out there and it's only 7% man yeah I know it but it's good looking Frank it is good looking there's no doubt man well thank you sir okay man you have a great one a safe one down 254 you get the NASDAQ up 28 S&P's down 10 it's going to be Starbucks SBUX after the close if you're trading the NDX 100 folks the Starbucks keep your eye on it because what happens is that Starbucks the way this is set up you know it's bottom line it's come off the low of $68 you're trading up at 83 it's going to be a close call on this man let me put this on a weekly look at what a dog this has been man god they're still charging a lot of money and I am a Starbucks fan too folks okay 126 down to 68 yeah yeah it doesn't look to me like it's going to get any traction man stay right there folks we're coming right back we have the Dow Dow Industries right now down 285 you get the NASDAQ up 16 S&P's are down 14 we're coming right back Vista Gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold project Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve Vista Gold has all major permits approved and has retained CIBC and has been a successful business in evaluating alternatives and in completing an accretive transaction Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC Vista Gold executing a strategy to create shareholder value TFNN has been your trusted source of analysis for bonds metals stocks commodities and options for years and we are happy to announce that we are bringing that same caliber of analysis for the 4x market plus years of experience in 4x trading commodity risk management 4x hedging volatility and so much more Teddy releases his weekly Tiger 4x report every Monday morning with elite coverage of all major currency pairs including the DXY Euro Dollar, Pound Dollar, Aussie Dollar Dollar Yen, Dollar Swiss Frank and so much more Teddy will recommend specific trades when the market presents them and provide updates throughout the week when warranted for the month of July inaugural members of the Tiger 4x report will receive 25% off the monthly subscription for as long as they are subscribed just use promo code Teddy25 to lock in the added savings this offer is good only for the month of July so do not miss your opportunity to save on the Tiger 4x report TFNN educating investors Biotek 3 times bull and bear ETFs Visit DirectionInvestments.com slash Biotek today an investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor 4side fund services LLC TFNN has launched the Tiger's Den hosted at Discord 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 Tigris for just $1 for the year there's no cash 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 welcome back folks we gotta go look at this stock this is sick AMTD okay so the reddit crowd is at it again folks and this is this one oh hold it what just happened okay AMTD no oh I see AMTD digital that's what I need right AMTD digital there we go okay so watch this this is about as sick as you get so and we did have a tiger in the den folks Dan in the den showed this at 40 bucks man this is this is crazy I mean this is like the same as you can get so this is a daily this is sick so 5 yeah 5 days ago it was at $37 no 6 days ago it was at $37 it's at $2,000 yeah you heard that correct this is the kind of this is like sick so the low for the year is $12 which was generated on July 15 because this is the this went IPO it's trading $2,000 on the button it's saying here it has 20 million shares outstanding and and my records here that don't have any revenue oh man I just don't even you can't even like what do you do with something like this man I mean the burn is going to be extraordinary they went to they got to $25.55 today they just see this intraday this is yeah sell it if you own it that's for sure but you know what that's a little weird about these two folks there's not even any value $337,000 shares traded on this thing so I have no idea look at the spread the top is the spread right $1980 by $2,100 that's the spread $1 by $41 everyone's trying to sell it at $2,100 they're willing to buy it at $1980 yeah yes it's definitely inside the reddit crowd when you see just about anything left like that the reddit crowd is there in spades that's how it goes no doubt about that let's go look inside the NBX100 the strength versus the weakness inside the NBX so you got loose it's up 6% you got Dexcom up 5.5 Airbnb is up 5 you're getting tour of surgical up 5 now let me just see they came out last night they came out last night with numbers up last week yeah last night and the X so that was the women's the losers out here you got Old Dominion that's a trucking firm that's going to be interesting that's down to 2.5% you got Ross Stores off 2.7 Intel's off 2.2 and NXPI is down down 2 you don't want to see those chip stocks banging getting backwards that's the real bottom line yeah so what a market man I'm telling you let's look at the Dow for a second so if we take this Dow I want to see what this is pushing against okay so I see what's happening yeah same deal so the Dow is never made it to the June 1st level the June 1st level of the Dow 33,248 we made it to 32 33,248 we made it to 32,972 the Composite inside the Composite here look at this the Composite's over it so this is really interesting man the Composite's over it I see what's happening now look what's happening here the Composite's over it see you're getting this some real flak here man if you look at my screen right now you can see the first the white line it got over June 1st right but this second line the red line right now that is the supplied line and that supply line is brutal man because you're going to see when you bring this back you know same deal you can bring this back all the way over to January or December of 2020 so it's going to take some building cause to get through that but you know this market is basically right now you know teetering and I expect what we're going to see is that you're going to back down a bit so what will happen is this if I'm right in the assumption that we're going to back down a bit folks what you want to look at is that what is the volume on the back down because we're going to learn more about do we have a bottom in on the first pullback because the first pullback if the pullback comes with light volume bottom line is that that bottoms in because we've tested that bottom so many times that if you back down again particularly what normally happens is this if the back down doesn't occur really on a Monday or a Friday cause we still got like three weeks before Labor Day here and we go back to normal trade not summit trading what would happen is that that market would have a chance to have an accelerated volume as it's sold off and if you don't get that guess what it wants higher price and we'll see how the rest of these you know interest rate hikes are going to go how the job market is going to go how all the above is going to go I can tell you just you know around here in the context of jobs you know I suspect some people are losing jobs but everywhere you look you still see hiring bonuses all of the above and you know when you have that this is you know the jobs out there man so the real question I suspect is going to be do people want to work that's the real number man you know after COVID changed the whole dynamic about where I want to be not where I want to be but where it seems like most people want to be you know so if we go over let's go take a look at the spy right now we take a look at the spy the spy is not going to have the volume it's not going to hold price so they did 51 million yeah this is this thought is backed up because Friday you did 87 we did 69 and it's not in this is like pretty amazing actually I'm not pushing with volume we are going to have another contraction of volume after trying to get up into highs the NDX now this is going to be amazing if the NDX contracts also because it was pretty close to them it's still pretty close yesterday it should do 46 or 44 right now it slowed down but the bottom line is that that's going to show that you'll probably get a failure of 1829 there's going to be a failure with light of volume because we did 57 well we'll see it can do 57 it can do 57 in 15 minutes pretty easily particularly because what you're going to have SBUX let's just go look at Starbucks again my take is that Starbucks is going to back down but because it's been croaked already it's like okay man I can see Starbucks has pricing power that's the bottom line it's going to take quite a bit to folks that have a Starbucks coffee addiction to basically go somewhere else stay right there folks we'll come right back we have the Dow, Dow is down 342 Nasdaq is up 5.5 S&Ps around 21 we'll come right back the technology around us is changing every day 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to Keith and see the rapids Keith what's going on hey Tommy how you doing doing great man yourself yeah I'm doing great man thanks you got a question for it what do you see one out six months or so if you can you know some people that made good calls in the past that are making some very calling for some very difficult times and I just wanted to see what you thought yeah my crash is that kind of thing do you see something like that I don't my take is that this bottom's in you know I think we can get some testing like the spy could test you know 383 or something that's the high of the low spike but I think it's in man and one of the main reasons there's a couple reasons one of the biggest ones I think the dollars tops and when you actually look at some of these high flyers right you're talking about high flyers that have been down you know 50 60% so yeah the markets like down it took like a 33% hit but I think that's it and I know how deviant that is meaning that you know normally what has happened in Keith is that coming into you know September and October it's a horror show right I mean that's but you know my take is that yeah my take is that I think this bottom's in it's because it tested so many times man and it just couldn't break it well appreciate all you do okay man you have a great one the safe one and let me tell folks I know that's quite a call it's like I couldn't even believe it myself like well because what ended up happening is that you know as you're trading this market it's like okay my whole gig is price and volume and so you know when it when you can't bust it down man you're gonna go bust it up and when you start putting this together that would be the most deviant thing that the markets can do you know and then when you look as I just said to Keith when you look at a lot of the prices that we already have out there you know this the high flyers some of these high flies down 60 70% I mean that's pretty intense always remember folks the bank and claw your hideout the bull can run you over and thank god there's always another trade health, happiness and prosperity have a great night folks have a safe night come back and visit Tommy tomorrow morning kicks us off 9 o'clock in the morning great show folks well look at him folks