 The following is a presentation of T-F-N-N. Trade what you see with Larry Pezzavento. All now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Okay, Mr. Z, looking good. Billy Ray feeling good, Louis. Mr. Z is asking a question. Any obtained data to the year 19? That's really the only way I can get that Z is through Jim 20 men. It'll take me. I can get it today, but I'll request it from him. But he's got all that data. We have it. We've had it on store for had it in storage forever. But it does have a very similar pattern to what we've had happen here. Things are happening really big in these markets, folks. I posted the DAX. I posted the footsie. Very nice patterns. You can see that 15 minute head and shoulders in the DAX. Perfect symmetry, left shoulder, right shoulder, lower than the left shoulder. Perfect time symmetry, beautiful ratios that we like to see. But here's the one we need to focus on here, folks. Let me get this up here. This is the weekly chart of the NASDAQ folks. Now, what's important here is the price that we just hit at 15,000. That's down three standard deviations, folks. Folks, if we close below 15,000 in the NASDAQ, you don't want to be long stocks coming into Monday morning, especially if it happens on a Friday. That's going to be really bad. The reason why I say that we haven't seen anything like this since the year of, you know what, 1987, I'm not going to spend a lot of time because we've got Joe DiNapoli as our guest today and he proceeds anything that we're doing here. But let me just show you here. Rich Anderson was kind enough to send this to me today, but this shows you the relationship of where we were in 1987. You see that low there? That was a low before. That was a low in May before we ran up into the July high up there at that double top that happened on August the 25th. That was harmonic convergence, five planets in the sign of cancer. And the market broke down. You'll notice that second blue ledge there. That's where the 61% retracement came in on October the 2nd. And then you see the market came down that little gold arrow there. The last gold arrow on the 1987 chart was the open on Friday. I mean, they said it opened and changed, but believe me, it opened a whole lot lower than that. But you'll notice what we're doing now is there's our low here. But if you look at the time relationships between these folks, it's really quite amazing. So the time relationships between those gold arrows and that blue ledge are the same and the rally back 35 trading days. Wow, going to be interesting. If we close lower than 15,000, either. Well, if we close below 15,000 in the Nasdaq either today or tomorrow, we could see something really dramatic. Now, I know we don't know what's going to happen. And there's a lot of outliers of it. Maybe it won't happen. I don't know. But tomorrow's show. I've got to cover some of the things that I've found that might be interesting to you to take a look at it. One of the things that we were watching last night for our 24 seven people where we were watching for the market to hold on just a second. I'll get this up here. If I can't hold on. Here's what we were looking at. This is after the market closed. I sent this out so the folks could take a look at it. You'll see here that we were looking at a 382 retracement up there at 36 412. We were able to get filled on that this morning. And of course, what we've done now is we have taken that trade and we have put a break even stop ordered. I put that one that hello operator. Hello operator. I hope this is it. Yep. There we go. Hold on one second here. All right. Here's where we are. And here here's a problem that I have folks. You got $2,000 profit near the bottom. Okay. Maybe that one two seven is going to be important or not. But I'm playing for something bigger. So I'm going to put my stop at break even. You know, I don't know I could be right. I could be wrong. But you know, that's the way the game is played. All right. Let's move on to something else. It's important. Those of you that like 382 and I know some that love it and some that do, but let's take a look here at one of the markets that we watch really, really closely here last night and yesterday. I want to show you the Nasdaq up here just to give you an example how powerful this can be. You can see the first rally yesterday right at the 382. That was on the fourth. Now the rally today if we get it comes in at 15,890. That's the rally, but we made a lower low. So that's going to be about 15,870 somewhere. That should be the 382 of that rally. Then we'll see whether that's the case or not. We'll watch it very closely as I always say my code words. I guess, but I want to show you one other one that very interesting that has been very nice to us here. And that is the this was the gold market yesterday. I wanted to bring this up to you. Those of you that follow this, you'll notice that we went exactly. Look at that. The exact 382 1807. The high was 1807 40 and we've come down now and we're heading towards 1769. That's the ABCD level on this. And so our gold continues to move lower. So we're watching that one. We're in some real interesting times folks when you see things that are happening in the Nasdaq. I mean, these are the biggest stocks folks. The Fang boys, you know, they're there's the gold. They're the golden boys. Now, if the golden boys have trouble, what's going to happen when the silver boys and the copper boys and the wooden boys get in here? Something is not right. Now, the there's three, there's three potentials that I see that could be a problem. Number one is the bond market. We can see what's happening in bonds every day. It really, you know, it's an absolute disaster in the darn thing. So if you if you remind yourself that things can happen badly and they can because, you know, we didn't have anything going on badly in in 1987 yet we had a crash, which turned out to be the greatest buying opportunity of the 1980s folks. That crash in 87 stopped right out of 61 percent retracement of the 1982 low to the penny in the Dow and the Dow was down 16 percent in one day. Now, multiply 16 percent times 36,000. You're going to see the Dow, you know, would be down over 5,000 points in one day. You know, that's equivalent to 200 grand in an e-mini contract for heaven's sake. So I don't know that, you know, I'm just telling you what I'm seeing. You know, I don't know any more than that. That's a and believe me, folks, if you think I don't get a lot of flak for what I sent out on that, I mean, I did, but you know, it's what I see. That's all I can tell you. I don't know. I don't know if it's going to happen or not. All I know is I'm in risk-free and that's all I care about. Now, let's take a look here at the gold one more time. I want you to see this is the GDX. Okay. Now it's really important here that this GDX does not get below that support down there at 29 and change. I don't know where it's trading today, but it's important that it doesn't break below that level because should it break below that level, then you've got a major problem. So that's something that we've got to remind ourselves of that and I think it's really important to keep that in mind because these markets, they went straight up and we have to remember that markets come down faster than they grow up. And the reason why is fear is a greater emotion than greed. You know, greed, you're sitting there with euphoria, how do I spend? Do I buy a Porsche? Do I buy a Ferrari? What do I buy? But with fear, you know, you're just basically trying to salvage everything and these people that are in here like the Robin Hood people, look what they've done to that Robin Hood stock folks, 85 to 17 with no, with one tiny ABCD over the past seven months. One tiny ABCD. That's very stuff, boys and girls. Very, very. Let's take a break. We got Mr. D. Napoli coming up, I hope. May God be willing. And she usually is. We'll be right back. 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 in 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. 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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 eight 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. Call now toll-free at 1-877-927-6648 internationally at 727-873-7618. Okay, we're back, folks, and I believe we have Joe Denapoli, Mr. Fib Trader himself. Joe, are you on the line? I'm here. Can you hear me? You're in the house. You've got the mic, and tell us what you're looking at today, my friend. Well, actually, I'll tell you what I'm looking at, but I just heard your comments, and you were commenting on 1987. Isn't that correct? I think that was a year, yes. Yeah, it sure was. I was playing that sucker. Anyway, there's one thing that added to the 1987 debacle that went beyond fear, and that was lack of liquidity. Lack of liquidity that showed up in the approximately October of 1986. That's when that lack of liquidity started to show up, and that's what allowed me to make a prediction that we're going to make a 500-point down move. I didn't know when it would happen, but I knew that it would happen. And that lack of liquidity exists today. And so what you were saying about the potential of having a dramatic, a very dramatic crash, this is what I was talking about when I was on the show, I think it was September 14th, something like that, that this is the potential. And that what people need to do is understand that you can make 4% on the upside and you can move 60% on the downside. And if the worst comes to pass, I mean, look at what's going on with Turkey. You know, if we lose our currency status, our reserve status, I'm looking at an 85% break. And I'm not saying that's going to happen, I'm just saying that it is a real potential. And I'm floating, I mean, I got the slides I could show you, but I'm floating between 65% and 75% cash. And I'll let inflation nibble away at me. And I'm willing to do that because I don't want to lose 40, 30, 20, 50, 60% basically overnight. The one thing I've been happy about is that the market has been relatively has been relatively organized on its way down. We've gone down, we've gone back up, we've gone down, we've gone back up. You know, we haven't seen this six limit down days, which could happen. No, we haven't seen any limit down days. Yeah, you're right. We've not seen a lock limit day. The people have no idea what fears like Joe, you and I know, we've been through these before, but many of these people don't know. And these limits are so big nowadays that it could scare a lot of people. And the wrong, you know, hey, I'm going to shut up and let the master talk. Please go ahead. I won't bother you anymore, my friend. Go right ahead. You chime in any time you want because, you know, I know your status, right? So so I'm not the only master in the house today. Hey, I'm sober today. Be be kind to me. I think I think we're the only two traders that don't drink. Can you see the slide that's on there now? I think so. We sure can. Okay. Now you wanted me to put up a recent picture because, you know, if I show up at your front door someday with that other pitch, you wouldn't have recognized me. So there I am. If I come knocking, you'll know, know who that guy is. Okay, I was taken. That was taken in mid 2019 for the pandemic. It was someplace in Europe, I was speaking. And so now you know what it'll look like. Still as handsome as ever. Oh, yeah. You're a sweetheart. Okay. So we're talking about illiquidity and we're talking about today's market. So let's, uh, let's continue on a little bit. A number of the people that I saw or rather than contacted me after our last get together, I think it was December 2nd, they were asking me why I put a cap on the, on the break that I expect. If you remember, I said within five minutes between five minutes and eight months and people want to know whether it was there some, some reason. I give myself a little room here. Was there some reason why, you know, you chose eight months? And that was because in addition to liquidity risk over evaluation risk, management risk, which is the current administration, excessive debt risk, inflation risk. We also have the risk of violence. And, um, this risk of violence is, uh, is, is real. And I want to get into it in, in just a minute, uh, we're in three bubbles, real estate equity and bonds. I think real estate might be the only thing that survives. Now there's risk of violence. Um, I, I have the eight, eight month cap here because I think by let's say August of 2022, we're going to see, uh, violence, uh, relevant to the midterm elections. And I don't think power is going to, going to go from the left to the right without, uh, serious issues. And so, uh, I, I want to be very careful about that. Also, I think both Russia and China see weakness in, in the US and that the potential for them to make some moves between now and then is, uh, is pretty real. I mean, I've, I've been to both countries. I've been going to Russia since, geez, 1990 and then China for the last 15, 20 years. Uh, Russia does not want NATO on its borders and China is getting very irritated with the US. And I think they're going to want Taiwan back. And what really worries me is that, uh, with these, uh, poll numbers as bad as they are for the current administration that, uh, that, uh, this current administration might do something really stupid in order to unify the country and get the poll numbers up. And anyway, I'm, I'm worried about that now way down here. We've got a chart up here of Raytheon and way down near the bottom there at around 79 area. We were talking about this on the forums, that topics that we're bringing up right now. And, uh, since then we've had a tremendous rally. And the reason I bring up the forums is because we've got people from all over the world in these forums, get the from Asia, from, uh, from Singapore, uh, Europe, South, South Africa, uh, South America, and these people feed on the ground, you know, we're not subject to censorship. And what's, we've got some military people on there and these people open up and they talk about what's going on and they give us some kind of an insight. Now, I don't know if Raytheon is back up again today. I took a little hit yesterday, but I think it was back up last, I looked at it and also, uh, no, no government, a government is doing, uh, quite well, uh, Boeing, one of my favorites is also doing well. It's considered a defense stop. So I think it would be a really nice defensive position to grab some of this stuff and put it away for a long term trade. And, uh, hopefully some of the people on the forum got it near the most recent lows. Um, this is a fascinating, uh, Dow yearly log chart we're looking at now. And I brought this up last time Larry, if you remember, uh, it was brought to my attention by, uh, Peter Van Waite. He is a Denapoli expert who, uh, lives in South Africa. Very, very, very sharp guy. Uh, he does a newsletter for us. At any rate, I've added, uh, a CLP expansion onto this log rhythmic chart and even if somehow we managed to make new highs, we're going to bump right up against the CLP expansion at, uh, approximately 39,000. So I think the very best case scenario, I mean, the, the most terrific scenario that we could possibly see is going to be bouncing around between Dow 29 and 39,000. Okay. Let's take a break here, Joe. We'll be right back with Joe Denapoli. 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 dfnn.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. 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Okay we're back folks we're chatting with Joe DeNapoli Fib trader himself you want to continue my friend. Yeah what we're looking at now is the down monthly log chart stretched out. We just took the same chart that we're looking at before and stretched it out and just look at the accuracy of this thing. I mean it is just amazing how the C O P O P and X O P the X O P was right at the top of the market before we had the pandemic issue come up and now of course we're up. We've exceeded that top and the chart I just showed you showed the upper end of this at thirty nine thousand that's really the upper end and I expect one of the things we teach is revisits of these of these nodes and the X O P was quite an amazing node. I mean it was it was an amazing high. So we've gone through it now when we revisit that there's going to be a lot of support if that sucker doesn't hold we're in you know deep duty with somebody used to say but I expect some bouncing around between those two levels and that's about that's about the best we can expect. This is a non log chart the Dow and we broke the MACD predictor on the monthly chart. This is typically a very bearish signal and we both broke that a little while back and this MACD predictor was described in the last last segment. I think it was on December 2nd. It's a very important indicator and if you're interested in it you should hear about its derivation but I don't want to get into that today you have too much else to cover. Now on a non log chart notice that we have an X O P and an O P they're coming in in what we call agreement with one another and that's at approximately 37 down 37,000. I don't think we're going to exceed that point but but that's that's there and we could always go back up and test that. I like to see the market you know move back and forth. I don't want to see you know limit down days we were talking about Larry you know one after the other and I really believe that that's a possibility. I mean imagine if if Biden decides to use a tactical nuclear weapon against the Russians coming across the Ukraine border. I mean you know these these things are all possibilities given the management we now have. So we always go up to that to that area. I don't know what the high was but it was close enough to those two levels where we really don't want to we don't want to be long up here. We want we want to be the want to be only buying deep dips on specialized stocks and specialized areas. I'm not going to go through my my my current position too much yesterday I was back up to about 75 percent cash this morning. I got into quite a few things and probably down around 65 percent now and if you buy stuff right I think every single thing I got into this morning is up now. It may not be up by much but it's all up and that's why you know knowing where to buy this stuff is so important you just don't want to get excited and buy on on break out at least I don't. Let's take a look at some of the second tier speculative stocks that have been in the news for a while and I'm just doing terrible look at this T-Doc. Okay this by the way I own a little bit of that there are things I got this morning and I believe it's up for me anyway where I got in I got in on a on a D level from a lower time frame I believe it was a daily or weekly chart and I've had a sitting resting order at this level there's no low 80s and I've had it in there for months and because you can get these that's what a leading indicator does you get these numbers ahead of time so I just got a fill this morning and even though the chart looks terrible I expect some kind of a bounce the point is that these things are just it just coming apart and it's indicative of what the markets have to do oh yeah there there is a weekly there's a buy and T-Doc around 72 to 70 so I will add to my position down there if I if I don't you know get out first Stein this is a this actually pretty good stock I like it a lot but it's just falling apart it's just this just continues to go down you know one of these high PE ratio things that's I believe in those arc funds and and these can continue to fall look at zoom zoom is going to be I'm going to be getting one zoom around 117 you see the XOP down there but these things I showed you all these things several times actually December 2nd certainly if that was the day I was on and they're all lower and they're going to bounce that's the right areas but they're going to they're going to go lower and where are we now oh yeah quantum skate I'd like to buy that at around 8 we're at 130 273 and I'm looking to buy this thing at 9905 907 somewhere in that area will it get there I don't know but if it gets there on now Twitter this is an interesting stock I think Twitter's done I think that the social media the Twitter's the censorship stocks they they finally they went too far and it was an actual day when that happened and that day it goes in with the corporate news media the CNN's of the world MSNBC etc that day happened when Joe Rogan interviewed Sanjay Gupta and they said that Joe Rogan was taken course tranquilizers you know he pissed him off and since then he's been he's had a lot of very high-level experts on there and people just seen the level of censorship and the level of it's just so disgusting what's going on you know I would I spent a lot of time in China you know we thought China was going to become like us favorite favorite trading status you know all that with the gun like China so anyway people have woken up I think Twitter is in real trouble and I'm trying to decide whether I'd be willing to buy it down around 22 or not because it's sort of against my morals but you know well the things that are against our morals we can make money to some degree so that's Twitter I think the same thing with Facebook not so much with Google I like Google but Google took a hit yesterday Amazon did and so there's buy points in all these stocks and those buy points should work out well there's Amazon I haven't ordered in to buy Amazon down at that XOP and around in the twenty seven twenty seven ninety five so there's places to buy these things take a look at Baba man this stock has been decimated you know I hope one Buffett sidekick managed to get out of this massive position in Baba because of this thing has just been killed and I am only I'm a willing buyer down there on 99 see when you're sitting in you're sitting in 70% cash you can you can afford to take some risks and move that up to 65 or 60 or whatever and I'm willing to take a shot at it I did buy JD.com yesterday or day before yesterday and I'm in profits and that we're talking I heard I heard you Larry mention Robin was actually a buy point is 1572 and I haven't quite yet but I'm thinking about adding that I bought up six or seven stocks this morning this is an example these numbers aren't good this is an old slide to example of what my accounts look like I mean right now this is just one account I have got at least 40 buy orders in deep buy orders in and they take off at the appropriate places and all those places are at appropriately labeled numbered calculated D levels. Hey stay with us Joe we'll have you back after the break we've got to pay a few bills Joe DeNapoli fibtrader.com folks we'll be 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 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 with 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 value 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 at risk free today with our 30 day money back guarantee tfnn educating investors are China shares hot or not if you trade China shares now may be time to take a closer look trade CHAU or CHAD directions daily CSI 300 China a share bull and bear ETFs China a shares in either direction visit direction investments.com 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 foresight fund services LLC don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch Tiger TV that's tfnn.com then hit watch Tiger TV. Okay we're back folks we're chatting with Joe DeNapoli would you'd like to continue young man will do young man boy you're buttering me up for something I don't know what you're you're younger than me everybody's younger than me I can't believe how many well I think you're healthier than I am well everybody's healthier than you you eat like a you eat like a billy goat for crying out loud you go out in the front yard and have grass for a salad for heaven's sake you know when's the last time you got a piece of meat about 1974 no actually I had a little bit last night okay well hard what must be impossible meter one of those synthetic jobs right no I eat real meat I do you when you're normal right I just I wish we I wish we were at Oprah's having some good Italian food over in Bangkok yeah I love that place that we're communicating because you know I was just thinking of open I was thinking about you sitting across the table from me and how many good times we had there you know my trip got canceled back there I was due to go on the 21st and they they reinstuted the institute of the big quarantine and so I'm not going to go back there and sit in the hotel for a week you know go ahead my friend yeah all right with I want to you know let everybody in on the beauty of this approach I mean if you look at this I've got 40 orders in there and I've got a minute the right number now the trick is no where the right numbers are it's not that difficult I've got a book that tells you what to do okay so you someone told me that thing was printed in two languages is that true yeah actually it's printed that was reprinted in about 14 languages shut the front door and raise the rent wow can you believe it I mean we've got Russia we got China we've got Germany we've got France we've got a couple of countries and South America I've forgotten all the languages these things have been printed in and you know it's the only book I've written so you know it's I'm happy that it was accepted as well as it's a good book I mean it's not sure they wouldn't be selling it if it wasn't a good book well it's absolutely and it's it you know they cannot keep it we've limited the number of copies that can be printed in China at one time to 3,000 copies so when they print the 3,000 copies it's like poof they're gone and then poof they're gone and they print another 3,000 and they have to wait so many months between print so you know it's worked out good I don't know it makes me feel good to be able to help so many people actually and of course there's income to me and it's passive income and I like that so the idea is you get these numbers like yesterday I'm down I got a shop here at my house I got everything welders I get all equipment you could possibly want in an auto shop and I restore classic cars so yesterday I'm working on my 66 Ford F-250 and as the market is falling you know I got these numbers in there there were there were there supposed to be and I don't have to have my nose pressed up against the screen I get a feel I'm happy I look at it do I want to keep it don't I want to keep it am I going to get out I calculate an objective I put that in the market that's that's simple I mean this is not rocket science so let's go on let's talk about gold you're talking about gold earlier and I want to show you where I did take a little profit on my gold position although I'm still holding most of it I want to show you what you want to see in gold and it hasn't happened we've been in a sideways pattern notice that we have these XOPs on the GLD this is the paper gold ETF we have this resistance level up here at 178.56 178.25 what we want to see and what we did not see is a push right through that supper I mean just blow right through there come back settle on it and then continue on this is this is what we need a city for gold to get excited to go to 3000 to 3000 whatever is going to go to you need to see this kind of action at a minimum you need to see it come up and hit the XOP which we didn't even do me gold can't get out of its own way so this was would be the second thing you'd like to see in gold which didn't happen and since it didn't happen what we did is we drifted back down now we're going back up and there's really no there's just no tape reading advantage to to go and by tape reading I mean get if you haven't gotten Jesse Livermore's book reminiscences of a stock trader you know that is an absolute must read for everybody is a must study I usually go over that whatever two years I reread it and I find something in that book all the time that that is a benefit to me and what this guy was able to do is it read the tape and I spent 50 years trading in front of the screens you know short-term trading and I'm able to read the tape these interpretations of these interpretations of how things are how things work around these d-levels are critical to knowing whether you really want to stay in a position for a long-term trade of six months to three years whether you want to get out in six seconds to three minutes now I think Larry you're going to find this fascinating maybe you do it already we you know the folks don't realize we don't we don't talk about the markets before I'm on the show to keep it fresh but this is actually a Gold ETF ratio with Bitcoin and we have come down to a to an OP support level now people you're going to understand well listeners need to understand that there are large money concerns out there that watch these spreads the spread between the Nasdaq and the many work that way I've made so much money on that it's just a matter of watching these spreads and in running these Denapoli levels on the spreads and right now with the Gold Bitcoin spread we're at support if Gold had any reason to valley now would be this gives it a reason this should create a rallying Gold so far is just really hasn't if you do the Gold futures on a ratio divided by the E-mini then you'll notice that we're down in the XOP at 3904 here's another reason that we really should see your rallying Gold it ain't happening so what that's telling me is there's something wrong with the Gold market obviously I mean I still hold that's my biggest position actually my biggest single position is Gold and I still have some faith it's going to go up but it's mostly held as an insurance company I mean we'll get six limit down days six limit down days we get that you believe Gold's going to move and so it's an insurance policy for me that way I can play with the other you know 25% or whatever it is in my account and and feel safe that if the absolute disaster happens that I'm going to be okay now this is a very interesting chart last time we were kind of a little short on time so I didn't have a chance to really discuss it but when we had the fall in the pandemic the fall in the market so this is this is a a Boeing weekly and we see the thrust down if you do a Fibonacci .382 from the low back up to the high when we had that break back in March of 2020 you're going to get a .382 retracement level at approximately 188 now when you revisit that level it is an incredibly good place to be a buyer and I have definitely been a buyer in in where the hell did I go now I have definitely been a buyer in in Boeing at that level I'm going to show you more and Boeing in just a minute somehow Bitcoin futures got in here and Bitcoin Joe we've got to take a quick break we've got two more minutes to take and we'll be right back with Joe DiNapoli folks every market day from 8 30 a.m. to 4 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 eight 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 in 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 at tfnn.com educating investors Are you 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The Tiger 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 a $100,000 invested. The Tiger 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 a $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. Do you want to make $1,000 per year on $100,000 invested or $7,000 per year on a secured Tiger First Mortgage? The Tiger First Mortgage Program may be just the program for you. The Tiger First Mortgage Program pays 7% per year paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. Okay, we're back, folks. Finishing up with Joe Denapoli. Joe, do you want to give a minute here to tell the folks how they can reach you and maybe have a special offer for a post-Christmas deal or something? Yeah, how much time we got left? You got two minutes. All right, so before I give my book a plug, let's just take a quick look at this Bitcoin futures on a monthly chart. To my thinking, I've been very skeptical on Bitcoin. To my thinking, it's hit critical mass, just like I was talking about Joe Rogan a while ago. For me, this thing has become an asset class. And I want to be a buyer on this thing at the OP down around that 3200 level. If this goes through the quarterly MACD, we're going to see 10,000. But right now it's only gone through the monthly MACD. I'm going to be a buyer. I'm going to be a holder of this as an asset. It's finally hit critical mass for me. So let's go down to my book and give it a little bit of a plug. It's actually not going to change my lifestyle any if you buy the book, but it might change yours. You can get it for $99 for the next few days until January 9th. If you want to go to Amazon, you can pay $162. Either way, the shipping's free. 60 days free on the client forums. And you just go to the fibtrader.com page or order page at miscellaneous section. Put it in Tommy that way you can get the discount. I'm going to try to get back to... You can just, when it ends, just pull me off like it's one of those hooks on stage there. Here's what's happened to BA after it hit that revisit. I mean, it was just an absolutely beautiful trade. And I like this. I like all the airlines. Notice they're not going down like the other stuff is. And I can't get my fills, which means that they're good. They're strong. And so I'm a buyer. I think this Omicron thing is going to end up to be a great deal because high... Okay, looks like the end. All right, my friend. We'll see you in a few weeks, my friend. May God bless and be safe. Hey, listen, I love you, buddy. Say hello to Peppermint Patty for me. Joe the Napoli, folks. See you tomorrow. May God bless our guest with me, Jeff Bost.