 is a presentation of TFNN. 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 Alan Tamp. Hey, Al, what's going on? Oh, it's a beautiful thing. I mean, if your listeners don't get the gold report, they're missing out. I mean, with your gold report, you just print in money. I love it. You're my best dad out there, Al. Let's go to Jeff in New Jersey. Hey, Jeff, what's going on? Great. Hey, listen, I was calling to thank you. A few weeks ago, you were prompting on your show to fill out that $10,000 grant. Yes. So I filled it out. And just a couple days ago, I found $1,000 in my business checking account. That's awesome, man. That's awesome. Yeah. Oh, it's to you, because if it wasn't for your prompting, I would have just assumed, you know, no way I would have gotten anything, so I wanted to thank you. No, we appreciate you growling a problem with us here. Now, Tom O'Brien. Well, 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 growth. Hope everyone's having a great day, safe day. It's making a great night, folks. Always do your best, but don't overdo. When you overdo, you deplete your body and you go against yourself. And it'll take longer to accomplish your goals. Not going to rise. Let's take a look at it out here. We have the Dow Industrial's down 341. NASDAQ's off 110. S&P's off 50. Gold contract up $4 traded 18.56 an ounce. You have silver down 11 cents, $22.06 an ounce. Light sweet crude up $3.122.43. That baby's going for that 147, folks. That's the high. It's up in the air right now. There's not, well, it's not up in the air. I mean, but it's over. There's only one number left. Is that 147? Notes and bonds. The 10-year note, down 10.6, trading 118.03. The 30-year off the full point at 137. Flat and King dollar. King dollar is trading up 227.6. 102.540, Euro 107, Yen 134.12, and the British pound 125 to one US dollar. iPhone number's 877. 927.6648. Give us a call, folks. One note's going on in your world. And the world of the S&Ps, let's take a look at them. What do you have? Well, let's bring the spy up first. The bottom line is that, you know, what we've had out here for the last seven days, trading days, is you've been in a consolidation. Bottom line, you know, if we just go from last Friday, last Friday, what you did out here is that, you know, you tried to get higher, couldn't get higher, closed lower. Yesterday, we had a rejection of lower price. We had light of volume. And guess what, man? This is a mind-blower, folks, that the spy couldn't hit 417 today. We get 41582. That, to me, that says it all, man. That's the bottom line. What you have here is that you got next to it, you're coming down, so you actually try to get to a higher high and you're gonna have light of volume. We have 42 million now. You did 59 yesterday. We'll probably end up with 52, 55 somewhere in there. We look at the NDX 100. It's the same type of setup in the NDX. It's pretty amazing that it couldn't get up just a little bit higher. NDX bottom line is that you get over the highs of yesterday. The high of yesterday inside the queues was at 31067. We made it to a 311. We had volume of 44 million, which is light volume, and we're 31 now. So bottom line, you're not gonna do 11 million in an hour when you've done 30 million all day. You know, we'll probably do seven, but bottom line is gonna be a failure in volume, failure in price. That says that, you know, we're getting set up for the CPI. And my take is that this number, the bottom line was gonna get us down to this 280 pretty quick. So, gold. Gold contract out here, rejected lower price again. What gold and platinum have been doing is that they've been basically consolidating also, getting down into the, you know, bottom of consolidation, rejected lower price. We rejected it yesterday. Didn't get quite to the low today. Rejected at 1846. You're trading out here at 1855. It's a good setup, man. That's the bottom line, you know. When I say it's a good setup, particularly because you still have the dollar. So look at this. The dollar is still at a high price. The aspect, however, is that this looks like a nice ABC structure down to me. And if it is, you're gonna have an ABC down to this 99 area. Because what we had done is this. You couldn't hold price yesterday. Today, it's barely holding price. The number we have to close over is like 200 ticks higher. It'd be 102, 731. Bottom line, having a high time holding those prices. Notes and bonds, they continue to want lower price, higher yield. What we got in the note and bond market out here is that you got to a lower low yesterday. It rejected lower price yesterday. Now this is, so when you look at markets and put them together, folks, right? The bond market is really important for all the markets. But when I look at this bond market right now and say that, okay, the 10 year yesterday rejected lower price, it had lighter volume, so that had a chance also to go higher. What ends up happening? That fails as does the S&P as does the NDX100. You put that together and that is showing us just how weak a market that we actually have. That's kind of, you know, when you're looking at the bigger ball, that's how it works. Some of the higher volume equities out here today, and this will be a low volume market. You get advanced micro up 360, you get Apple down 74 cents, Intel's off 244, and Vinny's off three bucks. You get Robinhood off 31 cents. You get ExxonMobil up a buck, DraftKings is up $1.29. One of the big deals out here, this is gonna get really interesting. I suspect, you know, Gensler wants to get this done, but I don't think it's the amount of money that is in Wall Street that get paid for auto flow folks. This is gonna be pretty wild. So Gary Gensler, okay, SCC chief, chief regulator, you know, is basically setting up a sweeping change of rules, undepending US stock market. And one of the biggest ones that he is setting up for is paid for auto flow. Now listen, for all, you know, there's gonna be a million different folks coming out in Wall Street saying, oh, that means retail traders are gonna have to be the, they're gonna pay more and all this. That's a bunch of garbage. The bottom line is that paid for auto flow is a joke. You know, it shouldn't be out there. You can just see that the biggest firms in the world basically pay for auto flow. They pay for every single auto flow so they can just cross the auto flow and we cross the auto flow. And when you're talking, you know, pennies, dimes, they're talking pennies. It adds up to billions of dollars every day. And there's no doubt that that whole system has built some huge companies. Robinhood in particular, Robinhood in particular, bottom line, they will have a problem staying in business if in fact paid for auto flow goes south, you know. Dow, Dow Industries right now down 300 to get the magic off 94, S&Ps off 45. You get gold up 370. Oil's the number, man. Oil's up three bucks. Stay right there folks. Come right back. Booming inflation. We are purchasing powers eroded. There's no better place to protect your hard earned 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 tier 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, devious pot ready development stage gold project. This, the gold trades on the New York Stock Exchange under 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. 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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. If you're not satisfied, let us know and you'll get a full refund 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 is down to 90, NASDAQ's off 95, S&Ps are off 45. Let's go into the NQs and look at this because what you're gonna see here when we talk about these 10-minute charts, they put this back. Okay, so what you have here is this. Okay, you can see the last 10-minute bar, okay, had 11,000 contracts. Now 11,000 was going into the 13,000. That was low of the day, couldn't handle it. But this is the one I want you to look at. Right, we're on. We're already nine, now eight minutes into this bar and it's not holding price. That's telling me, so this bar got to a price point of 628 where it's 615, right? The volume is gonna contract, well, we'll see it. Now it's at 19 but it's, yeah, the volume's gonna contract. Bottom line, you're not gonna hold price, so that means you're gonna go right after the swing low again, of the low of the day. The low of the day has that bar, meaning the higher volume bar, 5789. So this is gonna be, let's see what time is it, 319. Go look at the S&Ps, the E-minis, they do the same thing on this contract. We take a look at the contract. That's down 42.75 right now. Pull this over. You can see that first bar, okay, so the big bar has 38,000. We came down at 31. Now it's interesting, so the little divergence. The S&Ps hold the price here. So this bar is gonna stop any second. Now that, let me just pull back over to the MQs and see if that has held. Because now the MQs aren't holding, interesting then. Okay, so you get a little divergence. So when you have divergence like that folks, what you're looking at is that you realize that okay, the NDX100 is still weaker than the S&P 500. That's how I look at that. When you're looking at, you know, one of the indices held, the other one didn't. Now we're bisecting and dissecting this on 10 minute charts, okay? So yeah, it's in there, but I'm just trying to get to some pathways into the four o'clock area here. Yeah, you're gonna look at larger charts for whether it's dailies, weeklies, monthlies, okay? The problem with big long charts though is that you're gonna wait a long time to see whether they're right or not, which could be a huge problem. There's no doubt about that. Platinum, let's go look at the platinum market because the platinum, what it's done twice is that at 1,002, we've got a rejection of price, of lower price. So if we take a look at this right now, you're gonna see, let's see, where do we go today? Okay, it's not gonna give me platinum on that one. There we go. Platinum. Okay, so we got to 998 today. You did 15,000 contracts. Yesterday was 1,002, both rejected it and you're going into 22,000 contracts. So you can see at this level, the bottom line is that this still wants higher price. It came off the bottom. Wood strength, basically got into that swing point of the 1,026 wood strength. So that's saying this is building cause right now to get up into this area of this 1187. And of course, most of that, platinum's moving even without the dollar basically pulling back. But as I said, I suspect most of that is really gonna move when we see the dollar move. And we'll see whether it moves the right way. Now let's go over and take a look at the yen because now the yen folks, okay, the few times that I've seen the Bank of Japan intervene, these markets, meaning the metals markets have gone to the moon. Because when they intervene and they make the yen stronger, you see some action in a monster way. I'm just, I keep putting this back. I got it back 30 years right now. Let's see, 135. So we're back at 2002 levels. Let me see how far I gotta go back to, I'll put this on a 50 year quarterly now. Look at this, man. Okay, so year over, 135, 134. Well, just depends. I mean, 147 is the next move after this. That's what we get. Pretty intense. It's pretty intense that the gold market hasn't cracked in an incredible way. That's what's pretty intense when I actually look at the aspect of where we are inside of the gold market. The contract itself is in good shape. Let's go with the silver market. We take a look at silver, Z, S, I, M, and second. There we go. Silver out here, okay. So silver's down 9 cents, you're trading 22.08. That's a nice setup, okay. So you get another rejection out here. The metals right now are basically saying that the dollar is gonna basically get to lower price. So you can see this yesterday. We rejected lower price yesterday at 22.30. Now 21.84, rather, sorry, 21.84. Today you rejected at 21.74. You had lighter volume. The going into volume has 67,000 contract. Yesterday it did 51. Today you're doing 39. Same type of setup. But in both cases, what we do need is that we need a sign of strength. And I suspect what you're gonna get on that sign of strength, okay, is the aspect of when the CPI comes out, we'll see which way the CPI goes, but that is gonna move some markets, folks. Some of the higher volume equities out here today when we take a look at it. You have, actually, let's go look at ExxonMobil. Because ExxonMobil, it leaves hitting an all-time high. We take a look at Exxon, yep. Yesterday it had some nice volume on it. We pull this up. That's quite a chart, man. Yeah, it's hitting an all-time high. Just broken all-time high. Right at it, actually, 104.76. Now, look at this, folks, okay? This is what you wanna look at. So check this out. Now, I'm doing this workshop Friday from nine o'clock in the morning to two o'clock in the afternoon. And it's a time-in-the-trade workshop. Price, volume, the whole gig of what I do every day. I want you to look at this, though. This is telling me, Exxon's gonna basically break out of this whole area. And I'll show you why. So here's the highs. See, the last time we were up there, last time we were up there was in 2014, right? We had 189 million shares at the high. When you're pushing into this high, we stopped pushing into this high with 600, no, 850 million shares. Last month, we did 600 million shares versus 187. This is gonna blow this thing apart, man. You'll blow over that, and we blow over that, then holy cow, you are talking about some numbers here, man, in a big way. We go over to that oil market, and what is screaming on this oil market, folks, is that I believe it's the 147. That's hanging out there. We're at 147, and then I believe we went down to what? Minus 40. Pull us back. Come on. Come on, computer. You're being a little too slow right now. There it is, okay, so. Yeah, 147. 147's it, man. You get the next swing, the small swing is 130, but this wants to go up and see its trends at 147. Stay right there, folks, come right back. If you wanna take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector, as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning, I publish the Gold Report with coverage of gold, silver, bonds. The XAU, HUI, GDX, as well as more than 30 different mining equities. 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. TFNN has just launched their new trading room, the Tiger Zen, 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, and now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Tom O'Brien has just announced a live Timing the Trade webinar Friday, June 10th from 9 a.m. until 2 p.m. Eastern time. Join Tom O'Brien for five hours of live education as he teaches you his trading methodology right from his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System. In this live webinar, Tom O'Brien will be teaching you his entire trading system, including quality volume, ABC structures, Fibonacci confluence zones, cause and effect, swing points and more. We will be limiting this class to 40 attendees, so please do not delay and reserve your seat today for this special live event with Tom O'Brien. All attendees will also receive a physical copy of his book, The Art of Timing the Trade, an $88 value, mail to you, along with a free month of his daily newsletter, Market Insights, a $169 value. For all the details and to reserve your seat today, visit the front page of TFNN.com. TFNN Educating Investors. 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 are down to 228. You get the Nasdaq off 71, S&Ps are off 36. Let's go inside the Dow Industries and see the strength versus the weakness. Inside the Dow right now. Point wise, this is what you have. You have putting points into the Dow, Salesforce putting 18 points, Caterpola 15, Nike 7. Taking away from it. Goldman Sachs, minus 44, United Health minus 27, Home Depot minus 22, Big Mac minus 19. Let's go to our man, George in Tampa. Hey, George, what's going on? It's going good so far. That's a beautiful thing. I'm calling about rig. Okay. All right, I got in at last month and originally I was gonna just make a trade out of it. It looks like it wants to go higher and I just wanted to have your thoughts on it. That's right, you stay right there. This is transition folks. Bottom line, you had a huge center strength yesterday. You had the wide price spread accelerated volume went from 415, 482. What that was about is that they got an extension of a contract that in this extension, this is what's so intriguing about the extension. Also folks, the extension goes out and it doesn't even start until like it starts in October 2023 and goes to April of 2025. So the bottom line is that what rig, what TransOcean does, they are not only bottom line, a deep well driller, but they're a deep well driller folks like whether it's in the Bering Sea, no matter what seas you're in, that are very tough and they're when the price of oil is this big. I mean, realistically, the way rig had traded, it really kind of looked like that oil would never go back up because when you take a look at rig, I think it went down to $3 a second. It went from, yeah, it went from $163, oh, down to $1.00, okay? But yes, George, you're in a good position, man. I'd stay right there. So the reason, you know, when I was just saying about the extension on the rig, it starts in 2023 and goes to 2025, what will happen with oil at these prices? If the oil companies think that these prices, let's say it could stay at 100, never mind the, you know, this 120 and 150, you will see rig get a huge amount of business because what will end up happening is that the large oil companies will say, okay, I will start drilling deep water again. You know, what happens, folks, is that there's huge amounts of oil in deep water. The problem is that the rigs cost so much money and it costs more to get them out of the water, but what does also happen is that when you'll get in $120 a barrel, well, guess what, man, you want as many wells open as you can. So that's what you're seeing out here. I've seen it deep in a year or so, huh? Oh yeah, man, I'd stay right there. I mean, let's look at it again because you have a swing high it wants to trade to right now. That swing high is $5.56, but I have a feeling that you're going to see rig a lot higher than this, man. I used to, in 1998, I used to trade the stock all the time. I love the stock. Originally, that's where I had to sell the order in and I canceled it. Yeah, good, that's all right, that's all right. This is, let me just show you a difference. Why do you see this, let me see if they have their projections up. Because the difference of- I can't get on today, I can't get the internet. So the difference, well, I guess the difference is not there. They haven't put that much of a difference up yet. They're taking it $650 million every 90 days. They're only looking for $691 next quarter. So they don't have a difference just yet inside of their numbers fundamentally. But if oil stays up at these prices, you're going to see a lot of contracts, you're going to see a lot more rigs that are out there. And of course it's always a supply and demand issue and the commodity business, they can price it up very quick and of course it gets priced down very quick at the other side too, but I would stay right there, George. I know it's going to take a while, but it should get back at least in 25 range or something like that. I don't know if we'll get to 25. I mean, that's 400% from where it is, right? That's 500%. Hey, listen man, it is the price that they actually get for rigs is that bizarre, folks, meaning that it can go from 10,000 a day, all the way up to 150, 160,000 a day. We're talking a day for a rig, for deep water rig. So, and I suspect what we're going to see, George, coming out the next week, two weeks or whatever, you'll start seeing the rigs priced, meaning on the headlines out here. Because as soon as rigs start going up again, folks, what ends up happening is that the pricing of the rigs actually gets pushed out there, you know, so. Cookin', brother. You got time to check one more? Absolutely. C-R-O-N. Let's see, is this Cronus? Yeah, Cronus Group, okay. Let's, okay, this is the cannabis business. The lowest $2.80, the highest $9.42, they take in right now 28 million a quarter approximately. They're still going to lose money as far as you can see in the future. That's what they're telling us. Okay, so let's take a look at this. These pot stocks, there's no doubt, have absolutely got smoked and there's not a, well. Well, the only reason I got it, they got almost a billion dollars in cash and they only had a few million in debt and. Well, yeah, I'd stay right there, man. I mean, you know, the bottom line, what I do like about this, I can tell you this, they got a high volume, high at 25, man. When you get a high volume high, it likes to go back and test it. Now the problem with that, folks, it's really easy saying that the problem is you never know when they're gonna go back and test it. And, yeah, so what happens is this, like this is still in a downtrend. Well, it's gonna be going sideways now for four months, five, actually six months you can make. Yeah, six months. Yes, from three dollars, yeah, three 12 was six months ago. Yeah, so that's six months. Well, it's actually on the seventh month right now. And you can see there's no seller. So, yeah, I'd stay right there. It's like, this might be a really good trade, man. Well, I bought it and fished on it. I didn't know if I'd get it or not. I put a bid in it at 278, and I got it on a Monday morning before the market opened. Well, you know what, George? That thing might be growing as a Goliath grouper. You might have yourself a big Goliath grouper on there, man. Cookin' brother. Have a great one, man, have a safe one. If you've never seen a Goliath grouper, folks, okay, Google it, they're unbelievable. We have them out in the Gulf of Mexico out here. They're protected species, they should be. But I can't even imagine how much off the bottom of the ocean they must eat because they are huge. And, you know, anyway. I think that's what he has to say. That's cronus, that's interesting, that cronus though, in a big way. Because you have a high volume high. You have no sellers, and it's been going sideways for six months. The biggest problem, of course, is that in that business, let's go, let's see, CGC, right? That's Canopy, let's see what they're doing. Is that it's a weed, man, right? That you can grow it, everyone can grow it. Well, everyone can't grow it, but there's plenty of states that's legal to grow it. Yeah, look at this, it's still on a one-way trip down. Yeah, this is not gonna be the deal that most folks actually thought, I'd say. See that double canvas, CGC also has a high volume high. So, you know what, this is not over. It's not over, man. When you get high volume highs like this, went from $59 down to four, you know. If I always remember, trust me, Amazon. When Amazon went down 90, 95%, and then you see what happens, that is a heads up in spades, and you better always remember that. Dow, Dow Industries down to 210, Nasdaq is off 60, S&Ps down 34, stay right there folks, come right back. 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. 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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, Foresight Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSC American and TSX under the symbol VGZ. Welcome back, folks, Dow. Dow investors right now down too far to get the Nasdaq off 72, SAPs are off 38, and the market's trying to struggle it back here, no doubt, but let's go take a look at it because that last 10-minute buy just had a failure and it had a good spike, but what it was going against, okay, just couldn't handle it. So here we go here. So you're going against the bar on the way down at 1230, which had 14,000, is that 14 or 140 in a second? Yeah, 14,000 contracts. We got up there with 11, you know, bottom line closed underneath it. So this is where the struggle's gonna take place right here, and it's at the 651 mock. And right now, 653 mock, it's on the NQs, or it's 640. When I'm saying that those numbers, folks, what I'm doing is just giving you the last three digits. Let's go to Rich in Oregon. Hey, Rich, what's going on? Hey, Tom, thanks for taking my call. Absolutely, how you been, man? Not too bad. Considering waiting for spring to come out here, we're getting a lot of rain. Wow, waiting for spring. I think you better come on down with us. What made you think? I'd like to dry out. I bet you would. You know what's so funny about that saying, Rich, for us in Florida, is that the weather's always great. So it's kind of weird. And especially because I'm out of Boston, but I've been here 25 years, and even my friends call me and my relatives and they say, wow, man, it's just tough. I hope you get a spring, man, because that blue sky is incredible. There's no doubt. Yeah, things won't grow. Exactly, and they need food. That's right, they need good-looking things. So we're gonna look at this energy stock, right? Yes, I'm in it. The reason I'm in it is because they're a refiner. Yeah, exactly. And I heard you talking that everything was great, couldn't be better, but there's not very many refiners around. And in order to build a refiner-ree, folks, okay? I don't think we've had one in the United States for 50 years or something. I mean, it's somewhat outrageous. And other countries don't want them either. I mean, it's dirty business. Look at this, just a straight move up, huh? Look at this, okay, so let me pull this back. It's hard to pull back today, but... Oh, this is good. We had a 52-way car today. Yeah, no, okay. So it wants to go for this 53 bucks. It's high, okay. You know, what is happening here, Rich, is this. You can see, starting, going back to, what's that? Match. Match was last time, it had some good volume on this. You can see on the monthly, it was 95. And that high there was $25. The next month was $30, it was $69 million. The next high was $34, it did $59 million. So $59 million, $63, and $95. And now we're at $28, that's $28, that's pretty good, though. Hold on, let me look at this calendar, because $28, let me see, you got, we had five, 10, 19, oh, 14, we had 15 days left out of 21, that's pretty good, man. You know, I would just put a tight stop on something like this, Steve. Rich, man, I'm sorry. Where would you put a stop on this? I wouldn't give this anything. And the reason, because you can see, just there was a great question, folks, where would you put the stop? Because when you get a straight line move like that, it's like, oh man, you know, where do you put a stop, right? Now you can put it under, that bar right there, you can put it like a 38, 19, where I'm going, this is where I'm going, right? So, picture, you know, one way, I always like to get those big volume bars, so you get a big volume bar right here. You get a volume bar at 404 you could put it at, right? But then there's a gap, and there's also another big volume bar at this 38. So it's like, okay, if you're gonna get some volatility, you know, it really depends on where you get in. I mean, if you just get in it, I'd put it underneath the 39, 99. If you've been in it for a while, I'd give it more breathing room down to that 38, where that gap is, yeah. Because these are always tough ones when it's just a straight line move up. I mean, you're like, okay, so where the heck do you put it? Because what happens, folks, it doesn't have any levels, there's no floors, you know what I mean? It's a bummer when there's no floors. I mean, you're in a great trade, though. I mean, so that's a tough deal, but... Well, if you look at, like you've been talking about Exxon. Yes. It almost looks the same. Yes, yes. And then when you look at RIG, this oil market might take, this oil market's not gonna calm down, and this is why. So picture, we have oil right now with the dollar this high and oil's trading $122.40, brain. Well, if the dollar pulls back, oil's gonna even go higher. So it's like, okay, so your probability is that we're gonna reach that 147. So that's what I'd keep an eye on too. Do you know what I'm saying? It's like, okay, if we reach 147, the refiners are gonna make even more money, that stock's gonna go up more, and then just be aware of it as we're going up. And of course, we're all gonna be talking about it every day because oil, there's no doubt, one of the taggers in the den was saying that an F-150 costs like $180 to fill up. They must have a big gas tank, but that cannot last for a long period of time. Now what is a long period of time? A long period of time to me would be like six, seven months. I think this can last for like three or four months pretty easy. I think it can last right through the summer without a easy, you know what I mean? I'm seeing it where I live here in Oregon. There's people waiting in line to fill up. Is there? Yep. There is. So I mean, you're waiting in line maybe 10 minutes, but the fact is when you pull in and you think, why is this happening? But there, you know, there's no, like you said, there's no new refiners that have been built in this country. Right. If you wanna start importing refined gasoline, the price is only gonna go up. Yeah, for sure, for sure. That's great feedback we just gave us though because what that's also saying is that the bread is still out there and this is a transfer of wealth folks. That's what's going on here, okay? And unfortunately it's a transfer of wealth from, you know, from us to big oil to the, you know, to the Saudis to, you know, we have plenty of oil man in this country too in Texas, okay? But the bottom line is that that's what's happening and the good news from where you are in Oregon, Rich, is that people have enough money if they have a line to basically pay 150 bucks, you know what I'm saying? To fill out, you know? And there, you know, everybody's got a big rig out here. Yeah, yeah. There's nothing to see, you know, F-250s and the 3,500 trucks all waiting in line for their fuel. Wow. Like I said, when you see a line, you know people have got money to pay for it. Exactly, no doubt, man, especially those trucks. They're just buying those trucks as a fortune, man. Well, yeah, I got a brother-in-law. I mean, he taught nothing of plucking down 60K. Yeah, no, I know. Wow, that's good. Okay, well, there's the yin and the yang of the economy too. There really is, you know what I mean? Cook and brother. People are screaming, but they're still going. That's, well, picture this. If we had a store and there's a line outside the store and the prices are up, would we go down on a price? No. No, exactly. Yeah, absolutely not. Exactly. Have a great one, man, have a safe one. Stay right there, folks, we'll come right back. We have the dial right down at 289, the Aztec is off 95, the S&P is off 46. We'll come right back, folks. 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. 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That being said, bottom line in Congress right now, this is gonna be, you know, when we're talking about the tech stocks, okay, this is the first time that you've seen Republicans and Democrats get together and you're talking about two powerful folks here, okay, you're talking about Amy Clovershaw, Chuck Glassley, and that's in the Senate. And then, and the representatives, you got David Salini and Ken Buck, okay, that's Republicans and Democrats getting together. And they'll probably get this bill through. If they get this bill through, man, you're gonna be talking about Apple, Amazon, Alphabet, Microsoft, Facebook, Meta platforms, there's gonna be some selling pressure on that, man. And I suspect, you know, that this thing will actually go this time, and why? Because, you know, I'd say the public's fed up with Congress in general. So, if it gets, you know, one enemy that they both have, guess what? That'll be good for all of them, meaning getting elected. I think we'll have to someone and, you know, so that definitely would push, and that's gonna be about, by the way, is this. What it's about is that just, you know, like Amazon, well, the thing that, this is where there's gonna be a long drawn out fight, because I can see Amazon is saying, hey, why aren't you going off to Walmart? You know, you can make that argument because Walmart has all their own brands and all that. And what the argument is about is that when you go on any of these platforms, they have replaced the third party sellers with their own products, especially Amazon has. I mean, you know, and I can tell you, I'm using it all the time, because if you buy the Amazon product, the same thing. If you buy the Bounty Store off the Amazon, bottom line, it's quicker, it's just quicker, you know. Oh, you remember folks, the bank and claw your heart out the bull can run you over, and thank God, there's always another trade. 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