 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 Homassasa. Hey Al, what's going on? Isn't it wonderful, this gentleman here with the gold report right before the market fell apart ended up with P-A-A-S. We have a 98% gain in the year and I mean we want 99% proof like Irish Whiskey but we had a good gain there. You always told us to do what we feel comfortable with and if I lose a little bit of money on the table I will but I know that I just pocketed $8,000 or $9,000 in two weeks. That's a beautiful thing man. Now Tom O'Brien. Welcome folks, this is Tom O'Brien of TFMN. 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. I hope everyone's having a great day, safe day, let's make it a great night folks. Be impeccable with your word, express your love. Impeccability of the word can be measured by a level of self-love. If you love yourself, you'll express that love in your interaction with others and that action will produce a like reaction. Make it wise, let's take a look at it out here. We have the Dow Industries down 9, Nasdaq up 47, S&Ps up 11.5, Gold contract down $2.30 trading at $17.74 an ounce. We have Silver down 24 cents, $19.60 an ounce, Light Sweet Crude up $2.40, $90.51 a barrel, notes and bonds. We end up up 3 ticks, trading 1.18.27, the 30 year up 5 at 1.40.15 and King Dollar. King Dollar is trading up 835 ticks at 1.07.407, the Euro is at 1 to 1, Euro is at 5 folks. You get the end trading out here at a price point of $135 to 1 US dollar and the pound is $1.19 to 1 US dollar. Excuse me folks, sorry about that, too many blueberries. Off-phone numbers 877-927-6648, give us a call folks, wanna know what'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, bottom line, you have the spy up back 46, you're gonna do maybe 40 million shares or guess what? We came downtown yesterday with 63 million, you're up with 40, that's a market that wants lower price, man. I suspect this gap is gonna be game. The gap we're talking about is 412.75. Now the way I'm looking at this market is that that would be the normal place that you can come back to. That being said, what you have that could really scare the heck out of a lot of people would be if you came back a 50% retracement and a 50% retracement is where we took off from on the 27th of July. That would be just enough that like, oh no man, here we go again. So we'll see how this shakes out. If we start backing down with high volume, then that opens up the date of the 27th of July. If we just back down and the volume's not big, then it will just fill that gap. That's in your spy. We go into the NBX100, we take a look at the NBX100, same type of setup inside the NBX. We're gonna, you know, bottom line, you can see it didn't hit the, see if you, if we hit the low today, then that would have been saying that, hey, man, you're going top side because what we've done is go up rather than test the low of yesterday. So the low of yesterday had 47 million shares traded, we're at 27 million now. So it'll do like 37 million. That also leaves that gap wide open, that gap being 319.03, gold, gold contract out here. We take a look at the gold contract. It's amazing, as I said in that update, that it's not smoked because the doll is up almost a full penny. Excuse me, folks. So what you have is that gold right now, you know, it's trading lower, you got 116,000 contracts that's still going against light of volume, going against 157,000 contracts, you're going against 193,000. So that's telling me, bottom line, it still wants higher price. Now, it's going to be really hard for gold, all these commodities to get the higher price, we'll go into oil for a second, to get the higher price when you see this dollar. Because what we have here is this, you take a look at the dollar and you have a decisive break. Now, so check this out, let me make this. This is like such a classic, it's unbelievable actually. So here you go, you had a decisive break of your channel line. And that decisive break was on the 30th, no 16th, 16th of August, okay? Bottom line, what does it do? Jumps right back inside the channel line. And when you have that, that's considered a false break, folks, okay? When you get a false break, if you get a false break top side, you're going to go downtown. You get a false break downtown, this is going uptown man, this is going right after the 109,294. And we'll see where the rest of this is going to shake out, but that's my take on it. The thing that's amazing out here today is that the market really is not paying attention to the strong dollar, that's the reality. And we'll see if in fact it does. What we do have, you have option expiration tomorrow. So this is a nice time that you will get some divergence. I heard Dave White talking about, you know, on the open and that happens quite a bit, folks, okay? So let me have a look at that and see. Because what does happen is that the cash S&P options expire on the open. And that's when you see, if you see one pushing one way, bottom line, that's all about the close of the options on the open, which is pretty cool, man. Once you kind of understand that and watch it play out, don't just, you know, you can take what I'm saying, but take a look at it, don't trade off it, and you'll see how this works. You want to do that, you know, well, it's six months, seven months, a year, so you can really kind of get a feel of how that shakes out. Some of the high volume equities out here, let's go take a look at them, because what we have out here is you're going to have a low volume day. We have Bed Bath and Beyond, that's getting smoked, down five bucks, that's 17.80. Apple is flat, Apple's going to be coming out with a huge amount of new product, I guess, on the first week of September. You get AMC down a buck 74, we get Cisco come out with numbers, that's a blast in the past, that's up 280 right now. In fact, let's go inside the NDX100 and see what's holding it up, because, you know, years ago, folks, it was Cisco, Dell, Sunmicro, there was one more, oh, Microsoft, those are the four kings, I mean, they, you know, they talk about trading, they're the four kings. Today, what do you have? You have Cisco up six percent, you have Marvel technology up four percent, you get Broadcom up 3.7, and you get Constellation Brands up about 2.8, taking away from it. Now, these are big numbers taking away from it. This is, you know, this is really intriguing actually, and what you have is this, you have Walgreens boots down six and a half percent, NetEase is up 5.8, Moderna's up five, and you get Baidu off three. Those are big numbers on the other side on the way down, so we'll see, you know, how this whole thing shakes out. Let's go and take a look at Best Buy, Bed Bath and Beyond, rather, Bed Bath and Beyond, you know, this is a meme stock, no doubt about that, Bottom Line, this thing yesterday gets, oh, well, first off, no, just let's go back three weeks. Three weeks ago, it was trading at $455, because all the way up to $30 yesterday, trading at $1774, you get one of the largest owners, you're going to sell all the shares, and they got like a bandit, and, you know, they got to love that, these meme stocks, they just, I mean, that's nothing compared to how much money was already made there, stay right there folks, come right back. 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Welcome back folks, that was up 23 and Aztec is up 57, S&Ps are up 15, let's go take a look at that S&P again because this is a great question and what the question was when I was going through where I think this can come back to is that why didn't I pick the 26th of July which would have been the low with 39-10 versus the 27th and it has to do with the 27th to sign a strength, so let me put the I'm going to put the spy up actually so we can have the volume with you see what I'm talking about markets love going back to signs of strength folks, it's just how markets go, you can see the acceleration see the low when we pull back that was a 52 million, so that was basically testing the 71 rejected it and then this was the sign of strength we took the swing point out, you can see that 82 million shares, you took the swing out of 72 that's number one and then if you take this, this surprised me actually it shouldn't have but it was pretty cool and if you take the 50% retracement look at this, the 50% retracement is 39701 and that low there is, well this is cool to know, the lowest 394, the high is 402 and the 50% mark is 397, so that's how I got that, I always use the signs of strength when you're kind of backing into it it's a mindblower actually that they love going to those things and what's so cool about it, if you're set up before the fact meaning that let's say you have something on your radar, you're digging it right, it takes off without you, bottom line you just put it on your alarms that if it comes back to this price point, hit that alarm off, it reminds you, bottom line is that you're going to be surprised how much time, how many times actually come back to that area and then the kicker is this, as they come back to that area, of course you're looking for a rejection of lower price with lighter volume and what you're also looking for is that let's say when it was higher, you're looking for volume at that high because it's showing two different things, it's showing that there's no sellers in the way back down at the strength because you gotta remember something, at that strength, when institutions come in marketplaces right, they don't come in once folks, okay, they come in five, six, seven, over and over again in order to accumulate the shares that they want, so what ends up happening is that let's say we always had a fund, bottom line we come in the first place, that would be a sign of strength we're going to take us a month and a half to get the position we want because most times, I'm not talking about trading, I'm talking about purely investing that a fund manager thinks that, listen, a year, year and a half from now they think they have something, so they will come in at those levels and what you like to see is at the high, before it pulls back, you want to see volume there because what happens there is that equities love to go back to high volume highs, that's just how it basically shakes out let's go into the Dow Industries and take a look at the strength versus the weaknesses inside the Dow Industries today okay, so, and there we go, okay, point wise, this is, you know it's a while, I remember when they put Cisco in the Dow Industries Cisco has put an 18 positive points, your Caterpillar put an 8, Bowling's put an 8, Visa's put an 7, take it away from it Walgreen's boots down, put an minus 17, 3M minus 9, JP Morgan, 8, Verizon 7 let's go over to Deer because I was listening to Fast Markets out here and I think Deer is coming out with their numbers either today or tomorrow, 8, 19, that's going to be tomorrow before the market okay, so Deer and Company, used to be John Deer and now it's Deer and Company, those 283, the highs 446, you're trading 369 okay, so let's put this on a weekly, here's a classic too, look at this, this is exactly what I'm talking about coming back to strength so, see the strength, this is on a weekly now, the first week of January, January 8th, see the amount of volume there, that's 11.4M, we came back with 7.8 that's what you'd like to see man, you're coming back to strength and when you do this folks okay, the bottom line, you can see the top of that range was $300.55 it got below it, but then you can see at the close, see at the close this is for a week, it got below it, it got to 283.31 but yet at the end of the week, it was above the high, that's a test of the high with light of volume and rejection of price then what ends up happening, you're looking for the sign of strength, now you can see this one here at a tie to me does not have a sign of strength this is actually a sell off, the last time that I had any volume on it was at a price point of 405 so when I look at this, this is telling me that what Deer is going to say tomorrow morning is that they're not doing as well as the market thinks it might because you're going right into that downdraft that was created out there in the week of May 20th that's when Deer went from 386 to 307, explosion volume 15.7 million, that bottom set, that's testing it that's saying to me that more than likely what you're going to see is it's going to swing into a consolidation that's how most of those actually work out, it's not a bad looking shot, the reason it's not a bad looking shot is that it did reject lower price what you'll have, I suspect is this, it'll come back down, try to test it out again, this is the supply line, the supply line is downdraft right here that's a seller, that's how that nominee comes out, bottom line is that they were pushing some paper out and they were pushing out in a large way so that supply line going sideways is going to take quite a bit in order to get through we're going to take a look at his one that is going to get kind of interesting, this is kind of a blast in the past Hewitt Packet Enterprise, now Hewitt Packet Enterprise, they're going to come out with their numbers at the end of this month the lowest $12, the high $17.76, this is one of the spin-offs, now this part of Hewitt Packet when the spin-off this has the cloud, this has application development testing, data centers so when you look at this, it's had a decent run, yesterday you can see they're buying this thing I always like to see an expansion of volume and you're going to swing with the expansion of volume now it's going to take some juice to get through this line and what you can do here, just let this play out meaning don't buy it just yet but keep this on your radar because what is happening, you can see that we get a sign of strength here on the 12th of August you get another one here yesterday, it hasn't moved them out just yet okay but that's predictable because of the fact when you put this up you're going to see you're coming right into basically a very large supply line, that's a large supply line so that will have to build costs for a bit but this baby does look to me that you're going to try to get up into this area of 1742 it's not a big move but a couple bucks, that's how that's set up right now iPhone numbers 877, 9276648, we have the Dow, Dow Industrial is right now up 33 Nasdaq up 58, S&P's up 16, stay right there folks, we'll come right back, we get the gold 1774 if you want to 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 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 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Dow is up 38 now. It's up 58. S&P is up 15.5. Let's go take a look at the oil market. We have a tiger that's growling and prowling on the road right now in the expressway. We're going to look at the XLE but first we're going to look at the oil market. So oil is going to pop out here today. When you see this pop folks, okay, my take's oil is going lower. If we put this up, what you're going to see here, it's been a one-way route on the way down here, you know, pretty dramatic. You know, this contract just went from $118 three months ago to $90. And you can see that now, you don't remember something, that the oil contract folks is a monthly contract that rolls month to month, okay, inside the futures market. But you can quite clearly see you going up today, but look at that volume. It's $6,500. You're coming into $335,000. Now the roll is on. That's what's also going on. This is the active contract, but the bottom line is that this should have a lot more volume and what is not done, if we take a look at this, you're going to see this is a clearly defined downtrend in a month's away, you know. That's been down. Now watch this. We'll put this on a continuous contract. Let's see where I am. Yeah, there it is right there. And you're going to kind of see what's sticking out like a sore thumb here. The amazing part today is that this is up and the dollar is up so dramatically. There's some real divergence out here today. So when we put this on a weekly, what you're going to see on the weekly is that the bottom line is that you're on no-man's land. What I call no-man's land is this. When you're, well, look at that. That's interesting actually. Hold it. That hit. That hit $85,000, $73,000. So this is interesting then. What it's done is this. And that would make sense. Okay, that would make sense that, you know, when it came down straight down, you have got to the highs of October. And, you know, bottom line thus far is rejecting that. I suspect we're going to plow through this and when you're going to see with the oil contract, it's going to go into the next range. The next range, the bottom of the range is 62. The top of the range out here is this 85. That's what I suspect we're going to have. Now let's go over to the XLE. That's what the tiger wanted to look at. Bottom line, we take a look at the XLE. You know, it's higher today, up $1.93. You're taking a swing point out, but you can see you're not taking the swing out with volume. The swing has 30 million. You're at 19. You're also coming into 57. That's on the weekly. So that's not a setup that I like. If we take a look at this on the weekly basis, what you're going to see on the weekly basis is that you are coming into a monster when we talk about a supply line. You can see that, number one, this is the biggest part. The biggest part of this chart, folks, has to do with that high. The high of the XLE on a weekly basis only has 126 million shares. And then what does it do? It comes off that high with $244 million. When you come off a high and you come off a high with expanded volume, most times what you end up happening is that you are going to have a much larger correction than normal. And I suspect that's exactly how and what we're going to do. You know, that's the bottom line. So, you know, that's telling me in the mindblower, of course, today is that you have the dollar up so dramatically, but yet the oil contract is still running higher and the gold contract is not down. Okay, well, it's down $2. So, let's go to the GDX because what we've been talking about is that, you know, we don't have buyers. And we particularly, in this particular case now, check this out. So, if you're in the GDX or in the metal market, okay, this is really cool. And the aspect of what we have today, and this is what it is. When the market came down yesterday and the gold contracts came down, you can see this GDX. See the GDX? We had 29 million shares traded. Now, the 29 million, granted, was going against 29 million. Let me put this up here so you can kind of see how this shakes out. Okay, you can see the highs, well, this is actually, the one that actually went into that was 32 million, okay? So, 29 million is a 32. Now, look what it did. This is what you need for higher price, folks, okay? So, what we did, we got down to $25.05 today. We're trading at $25.86, which is over the low of yesterday. That's what it takes when you have an equity that goes south, has an expansion of volume. You need a test on that. Now, what's really cool about this, and you've heard me say this before, even with the expansion of volume, this did not make it down to the swing point of $25.29. Bottom line, meaning yesterday, we made it to $25.05 today. That's what the test is all about. So, that there is basically a decent setup. The real kicker inside of that is that I would still wait if you're getting into the GDX for a sign of strength, because when you put the GDX together with what this dollar is doing, I know the market's not corresponding to it, but the bottom line is that you don't want to be stepping in when the dollar is as high as it is right now. Let's go take a look at the XAU and the HUI and see how these babies are set up. So, the XAU right now, this is going to be cool. It's going to have done just almost the same thing. But watch, we didn't get underneath it, which is not cool. So, the low of yesterday was $105.60. We made $105.87. Let me see if the Gold Bugs Index did it. You definitely want the gold market to test them, particularly in the type of gold market that we've had lately, meaning we know we don't have buyers. Okay, so the low yesterday in the Gold Bugs Index was $203.57. This is great, man, and the HUI did test it. The HUI today went to $203.45. Now, actually, let me put this in. One of the main reasons that it's really cool that the Gold Bugs Index did it is that the Gold Bugs Index has a better correlation to the price of gold. When the Gold Bugs Index is basically either coming down or going up, that is the first one that you really want to take a look at, because when it ends up happening, it's a much better correlation to that gold market. Let's go take a look at the silver market out here. We know silver is much more volatile than gold. Out here today, what we have is that silver is backing down with 44,000 contracts. Now, this is definitely backing down into strength. So, whoops, there we go. So, what we have here is this. You get 44,000 contracts. Look at this, man, this is pretty cool, actually. Well, it's cool in the context, folks, that it's backing down with light volume. It's not cool in the context that we still don't have any buyers. And the silver's case though, now, this is cool. And silver's case, you can see we have 44,000 contracts today. It's going into 61,000 contracts as well as 86,000 contracts. So, this game out here inside of the metals market, particularly, we need buyers. And, you know, I didn't go with it. I brought this up enough, but the bottom line is going to be really intriguing to see just, you know, the traders from J.P. Morgan, you know, for the whole spoof and the whole ball of wax, man. They got guilty, so it's going to be interesting to see what type of time they get in the can. The amazing part is that it was going on so long. It's just incredible. And, of course, inside of the metals market, you know, it was like common knowledge, meaning that, you know, J.P. Morgan has been basically screwing that market, you know, forever. And it's like, you know, if you read the story, man, if you, you know, I'm not talking about the story, I'm talking about the court. You know, what happened in court? It's like, they had this proof, like, seven or eight years before they even took them down. It's like crazy. Dow. Dow industries are up 63, Nasdaq's up 61, S&P's up 18. Stay right there, folks. Come right back. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study, resulting in a seven million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing and accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC. Vista Gold executing a strategy to create shareholder value. 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? 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Available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of tfnn.com. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back folks, Dow. Dow Industries up 56, you get the NASDAQ up 53, S&P's up 16.5. Check this out man, this is pretty wild survey. Now this is PWC, okay, Pricewaterhouse, which is a huge, you know, one of the, I think they, you know, as a kid I remember, I think they used to have the big 10. Now I think there's only three big accounting firms that, you know, that public companies have to basically use. But they did a survey, so check this out. They polled 700 executives and board members of public companies. Half of those are going to reduce the headcount. Plan two, 52% of them have implemented hiring freezes. And more than four in 10, so 40% of them are basically rescinding job offers. That's a pretty heavy deal man. You know, that's a big number. That is totally a big number. And as that's going on, you know, you have the Fed governors out here. The Fed governors are in a whole different trip man right now. They are yapping out here like in an incredible way. What we had out here today, so you got James Bullard is urging another 75 basis points hike in September. You get Esther George who's more, I'd say dovish at this particular point. And what's intriguing about this is that, you know, Bullard was always one of the real doves inside of the marketplace. Now, he's a hawk beyond belief. And what had happened at the bottom is that Esther George was a hawk and now she's, you know, basically, you know, saying that, hey, she thinks she should back off. So in the last meeting, let me get this in the last meeting because in the last meeting, they're both voters this year. That's the bottom line. And in the last meeting, let's see, in July, the Fed in July raised the target rate, you know, by three-quarters of a percentage. Followed a symbol of move in June. Officials have signaled either 50 or 75 basis points on the table for September. Both Bullard and George have voted this year. But George, who hosts the Fed annual policy retreat next week in Jackson Hole has sounded more dovish than bullish in recent months. After many years of being viewed as the hawk. So you get Jackson Hole next week. And Jackson Hole, folks, okay, bottom line is that, you know, there's going to be a lot of pushing and shoving and Jackson Hole as to bottom line where this whole thing's going to go. And the key, one of the keys, man, when all these Fed governors get together is watch the currency markets because the currency markets, you know, they don't have control of the currency markets, but they can move those markets around. And we're talking currencies, you know, bottom line, like, I mean, you look at this thing, the euro is par. So get ready to go to the Amalfi Coast, folks, because the bottom line is that even if you go there four or five years from now, man, trust me, go there, go see it. And listen, there's a lot of other beautiful places in Italy, I'm sure there is, but Amalfi Coast is one of them. And the way this is trading out right now, this looks to me, it's going to go back and test the 0.99. And it would be amazing if this thing, you know, blows through the 0.99. But that's how it's set up right now. If we go to the yen, we take a look at the yen where the yen is right now. The yen is trading this 135. So, yep, look at this, man, same deal, man. The yen is getting weaker again. The yen wants to go back to look at this. So now the yen didn't break. Yeah, the yen, hey, let me put this up. I'm going to actually put this up on a two-year weekly. I want to see it. Oh, that's just straight. Wow, look at this, man. That was just a rocket ship, man. The yen was, I mean, this went straight up from, this has been going straight up since March. 114, this is weakness, okay? 114 straight up to 139, pulls back to 130, and then bottom line looks like it's going to go back to the highs again. So the real kicker is that, you know, what is this dollar going to do to the market? You know, the consistency thus far has been higher dollar, lower market. You know, we'll see where it shakes out. Let's go take a look at the Amazon out here. We have the Amazon right now trading sideways. This is kind of dangerous, actually. Yeah, this is kind of dangerous. You know, but what does happen is, see all these gaps, when you have this last gap, it was a very bullish gap, because that is, this is like a classic island bottom, but you don't see island bottoms like this, man. So the way technically it works, the longer or the bigger that the island bottom is, the more probability, number one, that the stock is going to be amazing on the way up. And in this particular case, you can see, you're talking about an island bottom from April 29th going all the way over, look at that, to July 29th. That is pretty cool. Now, that being said, you can see that, let me pull this back. I'm going to put this on a couple of years now. Yeah, this is a classic, this is a nice, look at this. You can see why. Now, when you get into supply lines, folks, see that supply line? That is a monster supply line. That's a big supply line. And the supply line, the supply line started, let's see, July of 2020, all the way over to April of 2022. So you have approximately, you know, almost a year and a year and three quarters of a supply line that people are in a losing position because they are bought above that position. Now, you can make the case, you know, and I'll make the case actually, that Bing and Amazon, if you're in for a longer period of time and you're above that, those people aren't going to be as worried. I suspect they're not because the bottom line is that, you know, if you use Amazon at all, it's really still hard to figure out how they can do what they do and get the service that they give on a consistent basis. Qualcomm, let's go take a look at Qualcomm. We've got a couple of tigers looking at Qualcomm out here. Qualcomm right now, let's see what we have. It's up $3.27. Put this on a weekly. Yeah, I like the setup. See, on a long-term deal, right, so look at this. These are always sweet, you know, as long as you have patience on a long-term deal, you can see that, you know, six weeks ago we broke the downtrend. And, you know, but the high there is trade noted, I like that too, but that $192, man. This is, you know, this is impressive, man, you know. Now, when you do something that this is long though, the bottom line, it's going to take a lot longer to get up to those highs. That's how it works. But if you're building a portfolio, that's a nice way to build a portfolio when you actually see that it actually did break the downtrend. And, you know, you still got some nice volume up there. It tested it, but this has good volume up at $188. And you're at $151 right now. And that's technically fundamentally what's happening is that they're basically plotting a return to the surfer market with a new chip, you know. And if you're doing anything about Qualcomm, the bottom line, it's a royalty type of business. And, you know, they'll make the chip, the bottom line, then they'll sell the designs to the chip. They get royalties on all of them. I mean, there's nothing like the royalty business, folks. Dow, Dow Industries right now, 25, you get the Nasdaq up 33, S&Ps up 12, stay right there, folks, come right back. 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If you're not satisfied, let us know and you'll get a full refund on the 24-7 newsletter today. tfnn.com Educating Investors Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Welcome back folks to Dow. Dow is up 1, you get the Nasdaq up 23 S&P's are up 8.5. Markets having a hard time holding price folks. Is that you're going to have a market that bottom line didn't test the lows of yesterday and couldn't hold price. So if we take a look at the spy again when you're going to see the spy got to 428.61, you're only a buck below that. The kicker here though and this is what you want to watch down yesterday with 63 you're up on 38, let's say we do 40 and it can't hold the highs. If this thing wanted to basically get up into the highs of yesterday, it should have been able to hold these highs. That's on your spy. We take a look at the NDX100 same type of setup inside the NDX. Bottom line is that yesterday you came down and we got a low out there with 47 million. You're at 34 probably do about 35, 36 same type of setup man. Bottom line can't hold price. We have the high out here today of 330.49, you know buck off that. That's not a lot, that's not a lot, but what it is, intraday if you're a bull what ends up happening and you're trying to push prices higher you want to see them stay higher, particularly if you have light volume and it's just not there. And we go back to Kingdala because this Kingdala man overnight, this is going to be a trip watching the markets trade overnight tonight. I mean this is a wide price spread again man. I mean the bottom line you had the low 55, it almost went up a full penny. So 1,000 ticks is a penny. This went up 945 ticks. You know it's a big number man. And I suspect it's going to go right after the highs again and we'll see how that shakes out. If it ever blows away these highs, man oh man it'll be something else as to what we can buy around the world. He might want to start looking for real estate around the world. Some place that you want to groove in for a while because the correlation is pretty intense. Always remember folks, the back and Chloe will hide out the bull can run you over and thank God there's always another trade. Health happens in prosperity. Have a great night folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9 o'clock in the morning. Great show folks. Look at him folks.