 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 you growling a problem with us out here. 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 just came up. Awesome. I know the quality when I see it, or 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 you growling a problem with us. My pleasure. Now, Tom O'Brien. Oh, 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 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. 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. Make it wise. Let's take a look at it out here. We have the Dow Industries down 94. Nasdaq is off 408. S&P's down 50. Gold contract up $35. Trading at $17.99. Ten and ounce. We've got Silver up 89 cents. $22.40 an ounce. Light sweet crude. Upper buck, $71.92 a barrel. Notes and bonds. The 10-year up 26. Trading 13104. The 30...up 13 ticks. Trading at $1.62.05. And check this out, man. This is pretty wild. You get the 10-year yield, folks, at 1.41. Pretty wild. King dollar. King dollar is down 451 ticks. Trading at 9606. Euro is at 113. The yen is out here at 113.60. And the British pound is trading at 133 to 1 US dollar. iPhone number is 877. 9276648. Give us a call, folks. I want to know what's going on in your world. In 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 going to feel on volume, because it looks to me like we're going to have volume up here. Last high is $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 it hit that, as soon as it 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. NDX100. We're going to take a look at the 3Qs. A little different ball game than the 3Qs. Is that you get 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're going to be pushing. Yeah, we'll see it shakes out tomorrow. But what this is really doing, one more day out. One more day, you're going to actually 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? The gold contract out here trading up $34.30. We hit the 1800 mark. 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 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're going to take a look at the silver contract. Silver is always hiding more. Highly volatile in 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 Silver was back on the track to get up to $25.28. And I suspect Silver actually wants to go to the $28 mark right now. You're at $22.45. Let's go and take a look at the note and bond market. Because there is no doubt. You get the Fed coming out saying, okay, we're going to taper. We're going to bring that down quicker. We're going to go up in rates and guess what? Market is buying the bonds. And we very well might have a small ABC structure on the way up. The 10 years down, 1.2 million out here today. Most times when you have this type of price spread, you should be betting in about 1.7. So it can still use more volume. We are going against... Let's see what we're going against here. The high is... Yeah, the high is 2 million contracts. 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 the real bottom line. We'll see what shakes out. The lowest swing here is $95.517. 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 got over the swing high. It failed the whole price. It pulls all the way back. That's telling me that 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 7, almost 8 bucks right now. My bell finally caught a bid. That's up $1.48. You've got Nvidia down $22. That's having a problem out here. Pfizer's up $2. Look at that. That's getting smoked black. Holdings that's down $460. You've got Verizon up $2. So this is really strange, man. Look at the heck. So what the phone companies definitely did is that they got to the lower end of their consolidation. Rejected lower price. That's the price that wants to move. And I suspect with this whole move into the telecoms as well as the commodities folks, this is the inflation move. That's where to me it's just shaken up because you can see, you know, my bell at this price pays an 8.8% dividend. So you can get two different things out of this. You can get the aspect of the principal going higher, meaning the equity itself going higher, plus you get the kicker of a nice dividend. So pretty big number. Inside the NDX100, let's go take a look at the strength versus the weakness out here. Strength wise what you have, the Peloton is up by 2.7%. You've got Kraft Heinz up 2.1. Charter communications up 2.5. Taken away from it. Adobe's down 10.5%. You've got Skyworks down 9.5%. Nvidia's down 8. Nvidia's down 7. You can see it's always so intriguing watching how the Nasdaq likes to trade. Let's go to Adobe first because this is, you talk about taking it on the chin quick. Holy cow. In four days the stock has gone from 6.75 to 5.56. And we have volume. And it does as well, let's put this on a weekly and see what we've got up here. On a weekly, this is set up for, come back to the breakout area at least. That's 5.02. 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 any of your equities in a 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, we're going to be talking about Newmont and you talk about Newmont family kitchen a bit. These are institutions buying this. Newmont's up 4.5%. Has volume behind the move. We have the gold going higher as well as the gold and silver equities. Stay right there folks, come right back. 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 market's 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. The TAS Profile Scanner is the premier market-profile-based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature-rich scanner instantly filters over 2,500-plus global financial markets such as stocks, ETFs, commodities, futures, and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. For a limited time, you can save $100 off your first month by using the promo code UPGRADE, and you still get a 30-day money-back guarantee so you have nothing to risk. Level the playing field with the TAS Profile Scanner, which you can find under the Services tab at TFNN.com. Sign up today! 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 in 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! Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has 8 different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. 7-3-7-6-1-8 Welcome back, folks. The Dow Industries right now are down to 59 to get the magic of 404. S&Ps are down to 47. So, let's go over... First, we're going to go take a look at Newmont. You're going to see how Newmont caught that bid. Now, what I want to show you here is that you have Invesco coming into Newmont here and I believe Invesco has some ETF structures too and that's where it may be, but I'm getting intrigued in watching this now. Okay, so Newmont, come on. NEW, no, N-E-M. Okay, so when we take a look at this, what we had is that you had Newmont, you had to come off the bottom with some strength. Well, first off, it basically took out its low, had a night of volumes that took it out, had some volume on it. Last four days, we were talking about volatility, we were at 57 on Monday. Yesterday, we were at 53. We were at 58 and a half and that's number one, you know, the swing point up here is running to 59 and if we take a look at this though, this is what is inviting. I want to go through a few more of these. I wanted to do a bunch of them when the commercial was on, but okay, see this right here? This is good. So, if you're watching Tiger TV, folks, okay, this is when, what ends up happening is that I've been doing the same equities for so long, folks, like, you know, you get used to, like, when these big funds come in and out. This is what you need for much higher price, okay, because it's not the retail market that basically brings you to higher price. It's the big institutions that come in that the retail market is buying. In this case, you can see it. See right down here? Yesterday, you had an investment go by 3 million more. Now, they had it only on 7 million prior to that, so they almost did 50% more with the position. Now, if I go like this, you're going to see it right at the very top. That's what we're looking for. And then if I pull this down, you're going to see that it's basically in one fund. Well, no, look it. No, they put them in every portfolio. Well, multiple portfolios. Multiple portfolios. And multiple portfolios, yeah. So, that one there, they bought, you can see, investment go diversified, investment go diversified, investment go income, investment go equity, investment go S&P 500. I don't know. Well, I guess, no, they could put that in the S&P 500 because you have new months in the 500. But this is that, I suspect it's going to be the beginning of a lot of buying. Now, let me do Royal Gold. What I had done during the break, folks, I did an eco-eagle. They're not in there yet. I did Barrick Gold. They're not in there yet. What I say not in there, what I'm explaining is that I didn't see any new buys. I'm looking for new buys this last two weeks. That's what we're looking for. And they're not here yet. Okay, so that's Royal Gold, FNV. We're going to do Franklin, Nevada. And 12. Nope, they're not there either. Hey, we'll find out what is the next one they're going to go after. But just so you can understand how that works, what I've seen is this, is that when the large funds start coming in, okay, the bottom line is that they don't buy it once. They come in and they'll come in for a long period of time. When they sell, that's the bummer. You go downtown for a long period of time. Let's go to Tom and Dallas. Hey, Tom, what's going on? Hello, Tom. How you been? I've been doing great. I've been watching the stocks dropping. And over the years, several years, I've watched MUX vacillate between like 90 and maybe 140. It seems like a neat one to trade in the channels. And when it got down this time, I put in an order and then I pulled it out at 88 cents. And, of course, it jumped right through there. I see it's losing a lot. It seems like it's doing worse than it has been recently. And I know you're really close to the McEwen operation. What do you know about that? Is that something to stay really not get too involved with since their business doesn't seem to be doing as well? Let's take a look at it. These are some awesome questions, folks. So you've got McEwen mining. And, of course, we'll have to get Rob McEwen back on to talk to him. The low is 80 cents. The high is 170. This is a producer, folks. But they lose money at this price. They produce 37 million a year. And he's still saying he's going to lose 10 cents on that. And then he claims that the next year he's going to be making money. Now, to answer your question, this is really cool, man. I mean, because I don't have this one. I actually have Vista Gold. And Vista did the exact same thing. And would you have to really wrap your head around? Well, first off, if you liked this stock, I'd buy it right here. That's the other side of it. Because what you had is that they didn't all broke. This broke down. Vista broke down. That being said, though, you're going to get a rejection of lower price out here at 88, no, at 84. No, at 80. No, at 80. This thing went to 80. So you're at 84. At 80, you get a rejection. And the bottom line is that it wouldn't like this going to go to the top of the range now. And the top of the range on this is a lot higher, man. The buck's 70. So that'd be great if you could have him on it. And you could talk about that turnaround that he's playing. Because Gold's been up. It isn't that far off of the high. And yet, if he's kind of losing money with Gold at these levels, I just kind of was wondering how healthy the business is. That's a different issue than how low the stock actually went. And this is a great question that you have here, okay? Because specifically, I understand exactly what you're saying. You're saying, hey, man, you know, I mean, what's wrong with your company, right? I mean, that's what you're saying, reality-wise. And that's how a lot of these equities traded. I mean, what you had, you had this last, let's say the last six weeks, right? What you did have is that normally when Gold and Silver runs, folks, okay, all the Gold and Silver stocks normally run. That is not what we had happen this time. What you had happen is that you had like Anglo Ashanti go from like $12 to $22. Newmont was going down as that's going up. Gold fields did the same thing. And so this was a different type of market, Tom, in that context. The smaller Gold and Silver equities, they broke bottoms. They just broke them out. That being said, you get a whole change out here today. But I will definitely get Holden McEwen to get him on to get his fundamental take on it for sure. That'd be great. That'd be a great show, Tom. Okay, man. You have a great one, a safe one. Have a good weekend. Thank you. 877-927-6648. And there's no doubt, folks. I can, you know, the differences are huge. There's no doubt. That, if you've been in the gold market for a while, you know that's how it runs. If you're not in the gold market and you're going to get in the gold market, the best advice I could give you is do not get over your head. And hopefully you'll be able to stomach some of the twist and turns because the twist and turns are pretty intense. And if you do get in the gold market, I think you'd better have an understanding that why gold would have to go up. Because what I've found is this. If you have the understanding, meaning that, hey, man, we're spending more money, gold can just stay focused with that money, you'll be fine because you'll be a strong holder. Dow Industries up 14, Nasdaq down 361, S&Ps off 33. Stay right there, folks. Come right back. Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex Predator in the trading markets and join the Tiger's Den trading room only at TFNN.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows. Interact with other Tigers and Tigers as they share trading ideas, news analysis, and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community. TFNN Educating Investors You could be making money off the stock market and if you're already making money off the stock market, you could be making a lot more. Check out TFNN and Tiger TV and get expert investing advice to give you the power to control your financial future. Go to TFNN.com and find the newsletter for you. Whether you're into trading gold, metals, futures, currencies, or options, you'll get advice and analysis to help you seriously get ahead. TFNN also features trading services with a 30-day money-back guarantee for new subscribers, as well as TFNN's Tiger Den trading room, trading software, and educational webinars for all trading levels. And make sure you check out Tiger TV for free on TFNN.com or TFNN's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. eastern on market days. Stop watching on the sidelines while other people get rich and become the investor you were born to be. TFNN Educating Investors TFNN is excited about our new software charting program, the Art of Timing the Trade Chart. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, the Art of Timing the Trade Chart allows you to scan thousands of stocks for Fibonacci formation setups, including guardleys, ABCs, butterflies, and much more. The Art of Timing the Trade Chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day, unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the Art of Timing the Trade Chart today by visiting 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, Dow. Dow Industries right now, up 42 Nasdaq is down, 351 S&Ps are off, 32. So let's go look at Anglo Ashanti for a couple of the tigers out here. Now, I own the equity also, folks, okay? So, and this is what I was talking about when I was talking with Tom from Dallas. This is where we definitely had diversions inside of the gold equity market also. You can see, three months ago, the stock was at $14.00, it went all the way up to $22.00, okay? So, and that was a goal to consolidate going sideways, okay? So now what the question is, one of the tigers has got this, because this was an ABC structure on the way up. Bottom line, it basically turned into a complex ABC structure on the way up. And now, let me see what we have. Now you're going to, well, if we get more than 3.5 million tomorrow, you're going to have action. So first off, this is what the question is, should I take my money and run? I wouldn't take my money and run. This is why. There's two different issues here. The first one, I expect you're going to go to the high, because what you've just seen out here today is you're seeing buying inside of the sector. So when you have buying inside of the sector, the bottom line is that, that is saying we're going to go higher. You broke the downtrend, and the downtrend that's been in place for a couple of weeks, okay, and you broke it with conviction. Conviction is, why price spread accelerated volume? That's what we have, okay? So you get that there. Now, what, that's the smaller issue. This is the bigger issue, and this is where this gets cool. And this is when gold starts running, folks, okay? These things go very quick. So my take is that, number one, you're going to get to this 22. Then your next step up here is 2675. And if we get that, guess what, man? 38th game. So I'd stay right there. You know, if I bring this back, you can get a little bit more clarity when you bring this back. I'll do it five years from now. You know, this has been a monster consolidation, but that's sticking out there, and that high bar that's out there has decent volume. So 32 to 38 is actually game inside of that equity. And we'll see if they, bottom line, we'll see whether they can pull it up. Because what we are going to get, now, this is where this always gets interesting, is that, do you know that, listen to this, this is how crazy this is. Because the gold market is so small, and because analysts, you know, basically are taught a lot about gold, they always go in and buy Newmont. That's how it works, folks. Okay, this is, you know, I've had the Gold Report for 21, 22 years. They don't even know another gold stock. Well, buy Newmont. Okay, that's what we're going to buy. Okay, so someone finally bought it. That's the bottom line. Okay, someone finally bought it. And that says, well, we know that the institution is in it now, because they just pulled it up. And you can see that Invesco bought three points up to a million shares yesterday, okay? So with Newmont, what you also have is that the bottom line is that your downturn's broken, and this has been going down, you know, forever. That says that Newmont now wants to run to 35. You're at 31, and you can see, oh, sorry, one second, no. That was the GDX. The reason I had the GDX up there is I want to talk about this. Because the GDX, what will end up happening is that the XAU, the HUI, and the GDX will start getting some traction. And when it gets traction, what will end up happening is plenty of people that only buy that. And they'll start here, and that's going up, and the other equities either going sideways or going down. This is when you really start getting action. We'll go back to Newmont for a second. What you're going to see on Newmont, you know, Newmont's up $4.42. You have the wide price spread. You have the volume. My take is that Newmont will not only blow this swing point away of $59, and if that's what we get, what you're going to see on Newmont is that, put that baby up, okay, that you're going to be $62 is the number. And you can see, see, let me look at this shot that the last time that we had big volume was $62 on the way down. Well, when you establish a bottom, and you can see there was really nothing wrong with this equity, okay? Other than if you're in it, it's a drag because, you know, the bottom line, if you're in it the last five weeks, you know, you had to take heat from $59 down to $53, consolidation, but you can see when we had broken topside in 2020, well, guess what? It came back to that breakout area and it still had light of volume in the breakout, then a breakout area. So, I suspect first it's going to be 50, let's say 60 bucks, then it's going to get some flack at $62.57. But if in fact this gold contract keeps going, gold loves doing straight line moves. And yeah, watch this, I'm going to put this, I talked about this yesterday, but now this is going to be, this hammer is going to be a more intense weekly hammer, I believe, okay? Because gold has, yeah it is, it's beautiful. So what gold has done folks is this, the gold contract has three higher lows and two higher highs, okay? And these lows all have these monster hammers. The biggest signal when I really went all in was in August, okay? So I've been sitting here for a while. Well, I'm not really sitting here because I'm ego-eagle and I mean I'm not Anglo-Chartin, you know, Goldfields went higher. But the bottom line is that in general it wasn't the run that I thought it would be. We'll see whether this comes out this time. But when you see, and I, you know, see this big hammer right here folks, okay? When I learned about this big hammer of how powerful they can be, and see it's on a monthly too, this is awesome, see that month? It's on a monthly, when I learned about this and, you know, yesterday when we were talking about the aspect of markets going higher, the Fed coming in and, you know, there's plenty of people if you shot the market, it's upsetting of course when the market goes up like it does. And depending on how, I know there's targets out there when I was live on the air folks, okay? In 1998. So the way we had built TFNN, I used to trade live on the air all the time, right? And in 1998, right, so pitch this, there's three of us doing the program. We were all doing really well because this was the downdraft of 1998. So what ends up happening is that I'm shot to the yin-yang, you know, we were doing fine for three or four weeks, the market was crashing, and it's 10 past three. And what ended up happening is that Greenspan and Reuben come out. And this has never happened, by the way, okay? Greenspan and Reuben come out. So picture, we're live. I'm live. I'm here. Mark is over there and Peter. There's three of us that used to do it, and we're all, Peter used to always trade options all the time. Mark and I would be trading equities. So we're banging out, banging out. And live, okay? Greenspan says, we're going down on the rates by a half a percent. Well, if you ever seen something flip around, the market went from, I don't know, maybe at that point we down 300, but 300 then would be like 1200 now, okay, because it's that long ago, and then went up 300. I'm just so, because a couple of tigers were upset yesterday with the Feders and I am screaming. This ain't fair! This ain't fair! I can't believe he did that when the market's open. And I'm really saying this ain't fair, but it just shows how ignorant I was about the market at that particular point. Bottom line, what did happen is that the size of that candle, okay, that market never looked back until the crash of 2000. So, pay attention to those monster candles, and I think that's what we have inside the gold market right now. Come right back, folks. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at tfnn.com. That's 727-329-8322. Call us today. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the Technology Insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for valued tech stocks, as well as entry prices, target prices, and stops to set for each trade. Dave delivers his weekly newsletters every Friday with updates throughout the week. You can get the Technology Insider at tfnn.com for only $37.50. Sign up for David's newsletter, the Technology Insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day money-back guarantee. TFNN, educating investors. Biotech is booming, but for how long? Bull has room to run, or has run its course, trade L-A-B-U or L-A-B-D. Directions daily, S-M-P Biotech three times, Bull and Bear ETFs. Visit DirectionInvestments.com slash Biotech 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. For the 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, Four Side Fund Services, LLC. I'm O'Brien. Welcome back folks to Dow. Dow Industrial is right now up 90, the NASDAQ is down 330, S-M-P's folks are only down 26. Gotta love this market, man. I'm going to talk about the market more right now. Right now though, I'm going to talk about the Tiger Dollar sale. So, we do this a couple times a year, folks, okay? If you're looking to save any money at TFNN, to get any subscriptions at TFNN, if you already have subscriptions at TFNN, that's how we basically get you to get more value for the premium that we deliver every day inside of not only the programs, but the newsletters. The way the Tiger Dollar sale, it ends on the 23rd. We do this a couple times a year. What happens is that you can save up to 40%. And the way this works is that you can buy 500 Tiger Dollars and you get 600, which is a 20% bonus. You can buy 1,000 and get 1,300, you can buy 1,500 and that's a max, which gives you a bonus of $600 or 21%, I mean, 40%. So, check it out in the front page of TFNN. Okay, now this is going to be cool, man. So, we're going to go look at the SMHs and we're going to show you what the SMHs are setting up. And the SMHs, folks, are setting up that they want lower price. Okay, so, when we bring the SMHs set up, where do you see this? And I'm not talking about right now, I'm talking about SMHs, more than likely, are going to bounce again. Now, the... Larry Pezzavento has said Joe did an appellate on it a few times. If you've heard him, it's great. Joe's... Joe and I actually went to the same high school in Rocksbury, Massachusetts. Boston Technical High School, which is pretty funny. And I didn't even know that when I was interviewing him over like 30, 35 years ago. So, make a long story short, it was a science math school all the above. So, he's a Fibonacci expert, no doubt. He comes in, this is called... This is a setup that he calls railroad tracks. And what it is, is this. Is that you get an update, then you get a down day. I'm just going to this one right here. Well, the way he has this set up, if you can... Let me pull this closer. Okay, so, let's see how I do this. Put this on... Oh, there we go. Okay. So, when you pull it closer, then... Actually, I'm going to do it this way. I'll do it intraday, because this is what you do. So, the way you trade this, this is four days. The way you trade this is you take this top bar from four days, range, period. You put five days so I can see this on. Okay, cool. So, you take the .618 retracement. I want to go this way, right? Yeah, beautiful. Okay. So, what he would do is this. He would wait for a bounce. And this set up, by the way, is really hard to do. And the set up bottom line, which is nice about it, is that you don't have to risk a lot in order to basically do pretty well. So, what he would do is that he would sell the next .618 retracement. Okay? So, right now, that would mean that he would like that equity to go up to this price point here, which just looks like .305. You're 297. You let it go all the way up there to .305. You're selling there. You're putting a stop on the other side of the high. And the bottom line is that you're looking for much lower price. When you have a railroad track, folks, it's a change of trend. And, you know, the bottom line is that you can go pretty far. That's on the upside. On the downside, it works the exact same way. And I do understand, trust me, on the downside, what ends up happening. If there's plenty of folks, if you're looking for lows and you get one of those, it's beautiful. It's, like, sick. You can stay in that stock for two or three years. That's kind of how that sets up. So, it's a heads up in general. And as I've said many times, I don't think we're done going up number one. But that being said, I think we're going into a long consolidation. And that long consolidation is going to wreck some nerves out here. That's my take on this market. And, you know, the Q's 350's game, you know, but the way this market is trading, I don't see that until the first of the year. I just don't see it. You can see, when you're taking a look at this market, they're coming in and buying, and this is something you want to look at, too. If you have, you can see the XAU, the XAU broke the down trend. That's the need, the need of the wide price spread on the break. So, that means the XAU is going to 144. Right now you're at 126. That's a monster move. The Gold Bugs Index is going to be the same thing. And what you're going to see here, most of it's going to be because of new months finally moving. Barrick is going to be next. That's what's going to have to stop moving next. The Gold Bugs Index did the same thing. That wants to run up to this 276 right now. You're at 247. So, it's going to be intriguing watching this thing shake out. But my larger take is that what you're actually seeing here is that you're seeing probably, it's not for the first time, because I remember saying this six or seven weeks ago, too, that these are trading differently. But you're starting to see real buyers come in here. And, you know, what we do know now is this. This is the second time that the market could get wrecked intraday and the Golds weren't down. Well, let me restate that. All of them weren't down. Normally the way that the gold market is traded for whatever, the market's low, every single equity's low. And we don't have that, so we'll see whether it's going to be different this time. The next thing I want to see, I want to see that Barrick starts moving. Barrick is up 75 cents, which isn't bad, but not compared with some of these other up. In fact, let's go look at the Pan-American Silver, P-A-A-S. That's got some juice. Okay, so the rejection of lower price, the hammer yesterday, that's saying that Pan-American Silver wants to run to $282 million, to $23.81 right now. That's always been, you know, a nice strong silver stock. There's no doubt about that. And what we will see, if this is going to happen, what you are going to see, you'll see silver start to move very quickly because what does happen is that there's many folks that really can't afford buying gold or buying the platinum, so they come in and buy the silver. That's all I have to do is buy the silver and that starts running that stock. And that's why I say, see that silver is much more volatile than gold. That's bottom line how it shakes out. Let's go take a look at the volumes I suspect there's going to be light volume. Right now you're at $679 inside the NYSE that's kind of light volume actually. Inside the NASDAQ composite you're at $4.1 billion. So that will do about $4.7. Let me put this composite up. Okay, so how does this shake out? Let's see. So that's going to be, we got to a higher price. Look at that. Hey, check this out, man. Oh, this is intense too. You say, you know what this is saying? This is saying that on the NASDAQ it's saying that the composite that's highs don't have to be hit. Because if we pay attention to this railroad track, this has the railroad track also. So the bottom line is that there will be people that will be looking to sell the .618 of this whole move out here today. There's no doubt that we are not the only ones that are basically Fibonacci theorist experts. There's a lot of people that like Fibonacci. And as I've said many times, what does happen in a market like this, what I've found is that the Fibonacci sequence gets hit much more when you have fast markets and highly volatile markets. Don't forget about the target all of the sale folks, okay? You can have, you know, bottom line save 10, I think it's 10, 20 and 40%. Folks who come right back, Dow Industries right now, up 20 and that is down 364, S&P 032 will come right back. 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 in 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 8.30am to 4pm eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds Tiger TV has 8 different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. 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? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. 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. TFNN.com Educating Investors Are you looking for a secured investment which pays you on a monthly basis? The target first mortgage program may be the program for you. The best rate on a five-year CD in the country right now, according to bankrate.com is paying 1% per year or $1,000 per 100,000 invested. The target first mortgage program pays 7% per year paid monthly on secured, high-value billable properties in St. Petersburg, Florida. The investment is for four years paying 7% per year or $7,000 per 100,000 invested. Your investment is secured by high-value real estate in St. Petersburg, Florida. Your investment can be anywhere from 100,000 to 500,000. You want to make 1,000 per year on 100,000 invested or 7,000 per year on a secured, high-value first mortgage. The target first mortgage program may be just the program for you. The target first mortgage program pays 7% per year paid monthly. For more information you can call 877-518-9190 that's 877-518-9190. Welcome back folks. Dow Industries right now down up 20. Now as that gets down 360 S&Ps are up 35. Let's go to the S&Ps first. So take a look at the S&Ps how this baby shook out. Okay, so you had a high out here today of 47-43. Oh man, look at the 101-point move in the S&P folks. Unbelievable. That being said, guess what? You're off the low by 20 bucks too. So what you have here now is this. Let me see if I can do it this way. Oh, this will be interesting. I haven't done this for a while. This is the future volume. Ah, I see it's a new month but that's alright. Okay, so 2.3 million. Let me do this. Watch this. ES ESZ1 Let's just see what we had at a high in the futures. Okay. What I'm doing is this folks. I'm going back to the December contract so I can see what the volume was at the high and do the correlation. Oh, this is going to be good. So the correlation is 1.6 million contracts at the high. Okay, so ESH 1.1 million. 1.1 million. Oh, this is good. 1.1 million. And now you're hitting a high. You hit a high of 1.4 million. Oh, 1.9 million too. Damn. Okay, that's alright. That's alright. So you're hitting the highs with the same amount. 1.93. See that? Yep. So listen, that's saying that the S&P is not done on the way up. That's how you basically, that's how I read that anyway. When you push into a high, if you push into the high and in the future there, we had about the same amount of contract, you're not done. You're not done on the way up. The way on the way up is that here, watch this, STDL STDL STDL STDL This is, I just, I was doing this for a tiger earlier. Look at this here. So this is steel dynamics. This is what wants to go higher, but let me show this, I'm going to do this quick on a longer term basis. What you're going to see is that on the daily, come on baby. Oh well, it's going to be tomorrow. Always remember folks, the bank and Cloya, hide out the book and run you over and thank God, there's always another trade. Health happens in prosperity, have a great night, have a safe night. Come back and visit Tommy tomorrow morning, kicks us off 9am. Look at him folks.