 The following is a presentation of TFNN the morning market kickoff With your host Tommy O'Brien Good Monday morning everybody. I'm Tommy O'Brien coming alive from TFNN 906 a.m. Monday morning We got 24 minutes to go until the start of trading and we're gonna mix market so far You're looking at an S&P negative by seven points right now, but well off the lows We were down at about 43 60 on a couple occasions whether it was last night right out of the gate at 7 30 p.m Eastern time Sunday evening S&Ps make it down to 43 52 So we're about 23 points above that level just as recently as 8 a.m You were at a price of 43 60s You're talking about popping about 15 points just in the last hour of trading as we come into the opening bell We have a little bit of a rising yield this morning tech stocks slightly in the red You get the NASDAQ 100 down about half a percent negative 67 points NASDAQ 100 getting a pop in the last hour as well up from below at 8 a.m You're talking about 14,000 680 months or about 60 points over the last hour or so now We're dealing with the yield right now of 1.612 percent. Why don't we jump over to the tenure? negative seven ticks right now, but off of the overnight lows as well We're positive by four ticks off of those lows on the session though You look at the action we had on Friday on the jobs number interesting action the first move a spike higher and then man We gave it up in a big way. You had a spike high Friday morning on the jobs miss of 131 18 You traded down to 130 25 Sunday evening overnight yields 1.6 1% the 30 is negative five ticks at 157 19 We got to talk about oil $82 and 18 cents quite the run even from Thursday. Look at that action We were down below 75 and just like that. You're above 82 We're still up a buck 47 or almost 2% at 80 80 right now But you see a little bit of a sell-off since about 7 a.m When we got that high in crude you jump to gold gold down about four bucks right now at 1753 you see the action for the jobs Friday as well gold up to 1782 It gave it all back and then some by about 10 30 in the morning on Friday Silver's down nine pennies at 2261 silver kind of right back to where we started Friday action and take a look at silver There's your daily Put it back for a five-year weekly and look at this consolidation right now You are at an area in silver that we found some support backing things up to November of last year We also had an acceleration whether it was September where silver really fell out of bed That is a bar folks on a weekly basis from 27 and change down to 21 81 We're sitting at 2261 right now in silver back to a 15 minute chart We pull up the volatility index this morning with a VIX just above 20 When we were at lower prices overnight right now you're dealing with a VIX of 1975 all right, let's jump around to what else we have going on to start the trading week We start earnings for the quarter and we kick it off on Wednesday with JP Morgan Let's jump over to some of the banks real quick JP Morgan. You're talking about higher prices again today You're up a dollar. That's decent action on the banks up a dollar You do have rising yields. You got a 10 year now above 1.6 percent Take a look at three-year weekly my goodness right from where the market started to accelerate back in November of last year You were had trading at 97 bucks on JP Morgan The safety of buying a bank when you had yields at basically half a percent All the upside you could want and you train at 170 22 now putting this back on a daily All right, you see the consolidation we were in but look where we were September 20th You're talking about adding about 21 dollars to the price of where we were trading at you had a low 150 49 on September 20th folks. It's only October 11 So prices really accelerating on these banks as we come into earnings jump over to the analyze tab We pull up the earnings. So they have numbers coming out October 13th and Wednesday JP Morgan They'll kick it off. We got a bunch of other banks coming out this week as well About a $3 move priced in not really that traumatic when you think about the run this thing has had for the weekly options You take a look at October 15th. The ones expire on Friday. You're talking about neither direction Now these are as of Friday prices these will recalibrate when we get a market open We're trading about 170 and you can see about a at-the-money put or called gonna cost you about $2 and 32 cents Not really that big of a move in either direction only a $5 and 26 cent move for the entire week when they're coming out with their numbers But we have lofty expectations for the banks when you're basically talking about I think that was an all-time high Let's back it up sure was all-time high you're talking about just made on JP Morgan and is that Friday? No, that is Thursday's action all-time high 171 51 coming out with their numbers All right, let's jump around because I think we got a bunch more than that Wells Fargo They're gonna be coming out with theirs on Thursday Morgan Stanley gonna coming out on Thursday as well Goldman Sachs coming out Friday morning I imagine city coming out Thursday as well. So they're all Wednesday Thursday Friday We basically get the entire Selection of banks really interesting when you look at where yields are coming into that event We even have rising yields were above 1.6 percent. That's gonna lead us to the 10-year now the 10-year You take a look at this thing Let's put it on a five-year weekly to get the full consolidation Five-year weekly you look at where we were in the tenure I've brought it up many times, but we are now decisively breaking below the 382 and you're coming right down to these lows We had in March of this year The tenure at 130 30. I'm gonna back this up to a daily so we can focus on this area You're within five ticks folks of the lows that we had back in April And we were just trading at 135 14 back in august So you're talking about five full points almost four and a half to be exact We have dropped and we're within five ticks of the low again putting it back to a weekly I mean you break this area. Yeah, we might have some support Back in the lows of about 128 11. Where is this low technically? You're looking at a price of maybe the high 127s in price of the 10-year But man in an environment where we have inflation that is Not too transitory on certain aspects of life, whether it's oil food Commodities, uh, you're gonna see rising prices to do with a lot of we're seeing it Whether it's FedEx when they came out with their numbers talking about 450 million dollars and added expenses You're seeing rising wages across the board right target. They're paying $15 An hour for employees and they're going to be adding $2 an hour on top of that For workers working extra hours of the holiday All of that going to contribute to a rising rate environment potentially and we are at a critical area Potentially breaking below the lows we had in March We'll see where we go But you're going to see some focus on that as we come into bank earnings this week Taking a look at the s&p now the s&p quite a bounce we got last week We miss on jobs on friday. You commit to monday action negative by five points We had less than 200 000 jobs added for the month of september All the expectation was going to be august september october november december expectations just building folks for october november december the real risk Is that we don't make up the jobs that the market is thinking that we will make up in the next few months As hopefully some of whether it's the service sector, etc opens back up The real risk is that inflation potentially runs hot the jobs don't get made back up The fed needs to pair stimulus before the economy has fixed itself the market Not really pricing in that much of a risk when you're talking about trading at 43 77 We have all-time highs of 45 49 in the s&p's NASDAQ 100 trading at 14 752 About a thousand points off of the highs we've had you back the NASDAQ 100 up to the run we had from may Almost made it back to the 50 14 299 think we made it down to 14,410 14,367 The low so within about 60 70 points of that 50 retracement Stay tuned folks. We'll take a look at some of the other banks as we're waiting for their earnings later in the week We'll get ready for monday trading coming up. Stay tuned. Be right back Everything in the universe is governed by the Fibonacci sequence This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns You can take advantage of sign up for the Fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks You need to pay attention to and you can trust Larry's analysis After all, he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking Expect notifications from Larry on market movement. You need to act on at any time First time subscribers also get a 30 day money back guarantee 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 What's separating you from the most successful men and women on wall street? That's right information Having all the information gives us the perspective we need to place the right trades at the right time The TAS profile scanner is the premier market profile base scanner Powered by its acclaimed TAS proprietary algorithms This feature rich scanner instantly filters over 2500 plus global financial markets Such as stocks ETFs commodities futures and forex This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades Before they happen for a limited time You can save $100 off your first month by using the promo code upgrade And you still get a 30 day money back guarantee So you have nothing to risk level the playing field with the TAS profile scanner Which you can find under the services tab at tfnn.com sign up today Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority in technical market analysis And it's not just dry tedious text either Tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 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 Welcome back folks We have the s and p is negative by five points right now nasdaq 100 negative by 55 points to get the dow and the russell sneaking into the positive It was we got about 11 minutes to go into the opening bell We jump over to let's take a look at the two richest men in the world right now do richest people in the world Tesla shares up a dollar coming into the open 786. You have amazon shares right now We'll call it barely in the red 32 77. I bring them up because it's interesting There were a couple things that hit my feet this morning getting ready for the program So the first one which was interesting and I pull this up You had so I saw this post. I saw it on instagram. I think is where I saw it Bezos puts it out Listen and be open, but don't let anybody tell you who you are. This was just one of the many stories telling us all the ways We're going to fail Referencing a barons article from may of 1999. We'll check out that in a moment amazon Today amazon is one of the most world's most successful companies hard to argue with that has revolutionized two entirely different industries talking about, of course retail and the cloud i'm sure Every right there and what this article is Which is interesting is that it says the idea that amazon jeff CEO jeff bezos has pioneered a new business paradigm is silly He's just another middleman and the stock market is beginning to catch on to that fact Imagine how wrong you could be right the real winners on the net will be the firms that sell their own products directly to consumers Just look at what's happening in sony del And barthelsman i'm not even familiar with barthelsman, which says a lot In its own right very familiar with sony and del now it was interesting as I saw this this morning Now this is dated right up here made 31st 1999 for three dollars back then uh barons now Del shares because of everything going on. I think they got taken private and then got public again Del you only go back to as far as I got december 2018 on this chart Okay, but sony not the case sony's been public the whole time All right now you take a look at sony out of curiosity you go back to Whoops one more you gotta get the full run Here is the year 1999 folks there is may so to to barons To to their credit we'll give them a little credit. Okay in may Now this this is actually dated may 31st 1999. All right, so we might as well just call it june Okay in june of 1999 You had sony trading opening at about 46. You did have a triple banger run towards the end of that year to 157 But then folks you never saw a hundred dollars again Until 2021 on sony shares so much for them taking over the world Do you have any idea on how amazon traded since then you back it up to? May of 99 and you're talking about 50 bucks as well Amazon and sony were trading at almost the same exact price when that article came out of about 50 dollars a share sony went up to 150 And then traded down at basically between 50 and 100 for the better part of 20 years amazon as we all know Is now trading at 3288 dollars now. I bring that up. Okay, because that's cool in its own, right? Okay, del del had success Much more so I imagine but they got taken private So I don't even know, you know, maybe that's just a misperception misconception of perception on my part But pretty staggering when you look that out so bezosis has a point there You know, it's a pretty strong article to be written on barons back then There were a lot of people wrong about the market though folks in may of 1999 You take a look at the s&p for some curiosity alone you go back to 99 in may And you're talking about an s&p Trading at 1300 Okay, the market really fallen out of bed The next year may june july etc. You had the s&p trade down to a low of What was 820? No eight eight change seven seven seventy one maybe something like that now I bring up tesla and amazon because I I take a look at that and I I do all of that before I even see that elon mosk takes this opportunity to troll the man himself By throwing up a silver medal. What is the silver medal reference as the first quote? Is here while it references that uh, the man Jeff bezos has been knocked down the tonal pole the number two for the richest man in the world As elon mosk has taken that top spot Gold's jeff bezos after extending lead is the world's richest person. So it's interesting here that SpaceX Just came out with a 100 billion dollar valuation in the recent Funding round. So you combine what he's got going on with tesla and spacex mosk is now at 222 billion And bezos is sitting at 190.8 a lead of almost 32 billion dollars Now what's always interesting here is that you had Jeff bezos's wife mackenzie when they got their divorce taking a huge chunk of that I think it was about 25 percent of their total holdings. He got 75 percent. She got 25 percent So his ownership was cut by a quarter But nonetheless interesting elon musk one of the best self promoters out there never misses an opportunity Bezos with a little bit of patent himself on the back and elon musk throws up the silver medal To commemorate mr. Jeff bezos getting knocked down to the number two slot Really interesting to see how these two will jockey back and forth Not sure tesla, you know might just be a rocket ship to the upside because they've just been accelerating so far up recently, I mean You back it up to April of last year folks. You were trading at 89 dollars in tesla. You're trading at 785 Whereas amazon's been in quite a consolidation recently. This is again a monthly You've been in a consolidation for the better part of about 16 months in amazon shares. You're trading at 32 88 this morning But you add into that the way that you have Musk's SpaceX really kicking bezos's blue origins But that's a lot of value when you talk about the billions of dollars They were just valued at 70 billion I think back in february they raised more money now that valued at 100 billion For that space company and they are battling it out as well. Uh as you have Bezos, I believe suing Yeah, bezos's blue origin is challenging the u.s. Government contract with SpaceX to develop technology to land people on the moon again And musk has been trolling them. It seems like SpaceX is well ahead of blue origin Especially when it comes to government contracts and the like, but nonetheless out there battling Okay, what else we got going on jumping around to some of the other stocks So we talked about the banks jp morgan bank of america city group goldman sacks morgan stanley All out with their numbers. We also get some other stocks out with their numbers this week. We get delta Let's jump over to some of the airlines. We'll put it back to a daily Delta shares this morning down a bit. We got a bid ask of 4305 to 4309 You closed try at friday at 43 38 These airline stocks now you look where we were back when the markets really accelerated when you got the vaccine Efficacy we're going back to november 1st of last year about 11 months ago. You trade up to 52 28 It's a nice area 37 73 the delta showing some support Not sure you're going to get back down there, but we bounced on a couple occasions the 618 37 73 You've accelerated up to 43 38 now. I'm going to pull this one off here All right, I'm going to zoom in on the action that we've had I think that gets us back to where I want to be I want to give you a fibonacci number of just this recent run Okay that we've had Because you are right at that 382 there folks. Okay. Take a look where we are That is the run we had just from september 15th when you had disney at 38 82 You accelerate up to about 46 bucks. You trade back to the 382 and that's on 43 28 Uh, and we're trading within a few pennies of that. We got a bid ask about 4305 4309 Delta shares now what's happening here is delta. They'll be out with their numbers. Okay jumping over On the 13th so wednesday as well right now you're talking about I don't think they have the move priced in yet, but when you jump over to The move we're looking at not really a huge move priced into these uh Equities with the airlines as it's all about the future not about the past Uh, but we'll take a look at some others because southwest has some real issues going on right now Is they're canceling almost thousands of flights. Stay tuned folks. We'll be right back for the opening bell Are you having fun trading the markets? But having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the tigers den trading room only at tfnn.com The tigers den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with the sharpest minds in the trading world Subscribers to the tigers den are also the first to have their questions answered live on air And can privately chat with our tfnn hosts live during their shows Interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the tigers den risk-free with our 30 day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you Whether you're into trading gold metals futures currencies or options You'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30 day money back guarantee for new subscribers as well as tfnn's tiger den trading room trading software and educational webinars for all trading levels and make sure you check out tiger tv for free on tfnn.com or tfnn's youtube channel for live financial content from 8 30 a.m To 4 p.m. Eastern on market days stop watching on the sidelines while other people get rich and become the investor You were born to be tfnn educating investors tfnn is excited about our new software charting program the art of timing the trade charts In collaboration with tom o'brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any trader's methodology Using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for fibonacci Formation setups including guardleaf abc's butterflies and much more the art of timing the trade charts is designed to help you When scouring the markets for stocks just beginning to form the trading patterns that many investors spend days Weeks or even months searching to find and right now we're offering licenses available at only $79 a month We are so confident that you're going to love this new charting software that will even give you a 30 day Unconditional money back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting tfnn.com This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of tfnn.com Welcome back folks. We are markets open and we get the s&p is negative by five points right now Nasdaq 100 negative by about 60 dow and the russell barely in the positive commodity wise Whether it's currency wise commodity wise bitcoin yet again surging higher by 2195 dollars. Look at that action 57,000 375 it's been a straight shot since september 30th You were trading at 41,000 adding 16 grand to the price of a bitcoin Let alone you back things up to when we were below 30,000 remember when the end was in sight for bitcoin crude oil 8112 quite an acceleration for crude. We got gold down about two bucks this morning at 1754 Let's check out the vix this morning with markets open. You get the volatility index trading at 1963 All right, so I talked about the airlines. I was bringing up delta They have their numbers this week checking out southwest southwest gap and lower this morning down 3.54 Southwest taking a look a little bit longer term timeframe here You had cove it lows will call it a 22 47 you accelerate to 64 75 The run really began In november. Oh really? I mean it was remember domestic airlines and the travelers really started to get ahead of the trend here Things took off worldwide when you got a vaccine but domestically You really had the acceleration almost began in august when you're at 30 bucks by the time we got the vaccine efficacy You're already at 40 bucks. You make it to 64 75 now the whole run You had some nice support at that 3a2. I mean look at that move folks on a weekly We had southwest chopping around the other 3a2 of its entire run for the better part from july 19th All the way to almost september 20th two full months All right eight or nine weekly bars. This thing was sitting near the 3a2 It almost touched the 3a2 On all of those weeks as it stayed above that line right now though you gap him back down to 51 99 Now what it has to do with man? These are big numbers on southwest and i'm not sure how They fared so poorly if this didn't reverberate Around to the other airlines, okay? They cancel more than a quarter of their scheduled flights on sunday setting issues with air traffic control and disruptive weather as it works to resume normal operations Over a thousand flights 2018 to be exact 28 percent of the total for the day were cancelled by the dallas based carrier That's as of 415 yesterday um More than 500 other flights were delayed. I mean it's almost like System-wide for them the disruption started friday when weather conditions in florida were compounded by air traffic control issues in the same region A spokesman said recovering from such issues is more difficult these days because there are fewer frequencies between cities I mean the the way that these Problems reverberate right now because everything is so Barely able to function and i'm not that i'm exaggerating but you can see that We see supply issues across the board right well any mishap at all is just going to make things Much worse than it might have if things were running smoothly Okay, normally probably they might be able to catch up or something like that Well, guess what they can't catch up when they've cancelled flights. They're not at the same level that they're at They don't have the number of employees that they probably had right they're having trouble with getting employees In the into their jobs as many companies are right now nonetheless Other u.s. Airlines reported far fewer disruptions on sunday So where's where's the difference here? Okay air traffic control issues and weather That's not usually something that isolates to one airline Uh, it'd be interesting to see what ends up coming out here three canceled flights for delta Three it was a thousand eighteen for for unite uh for southwest Nine for united and american did have some numbers there 143 The flight cancellation has come to me concerned with federally mandated vaccine requirements staffing issues as they're talking about here On friday southwest pilots asked the court to temporarily block the company from enforcing the mandate until an existing lawsuit Resolved in september you had an allied pilots association a union repping Pilots releasing a statement requesting alternatives Uh, not outlandish for the union to be fighting for everything for their employees there, but nonetheless southwest I would watch out here because i'm not sure what's going on But that is quite a cancellation you have and they're blaming weather and air traffic controllers And that is something all the other airlines have to deal with but somehow it seemed to basically bring the come Almost the entire company to a halt yesterday And how are they going to catch up if they couldn't catch up from friday folks? They have less numbers they now have almost two days worth of flights They have to make up for uh, you're down 4.1 percent We'll put it on the short term and there you see the acceleration right out of the gate to lower prices for southwest Now when are they out with their numbers? Let's jump over to the earnings front. So, uh, that's next week, I believe Yep, they're out next thursday with their numbers southwest. Let's jump around some of the others we get delta this week Delta's out wednesday with their numbers. We just rolled up southwest. Let's stay for domestic for a second with jet blue Whoops jbl u is their symbol They'll be coming out in about two weeks. Uh, yes, are you talking about two weeks from tomorrow Jet blue without their numbers We'll jump back to the big airlines american out. What's that next thursday as well? Yep next thursday They'll be out with theirs and we'll finish it up with united right now As I say at all the markets in the red united out next week as well. What's that next tuesday? Uh, yes, let's jump to the cruise ships because this is an interesting sector folks now cruise is a different story They were just out with their numbers. I believe were they Yeah, they were carnival just out with their numbers in the end of september Down 1.3 with the market right now Man, these cruise ships just can't find a bid right things really started to accelerate september said to myself Ah, maybe that's the run. There will be a run folks There will be a run. I imagine as in these things will catch a bid the the future will be bright But not yet As we just pulled back. I mean the percentages In these equities 27 39 september 27th, right? Just like that you're down four bucks You're down 15 percent almost from where we were and the better part of almost two weeks ago Just like that let alone the run we had we from 31 down to below 20 on this equity Now you take a look at a three-year weekly for the cruise ships You can see we were far higher prices though prior to covet you make it down to 780 We're still sitting at the doldrums on this now Boeing Well, let's finish it off with the cruise ships real quick norwegian similar action Let's take this off real quick Pulling back from the acceleration we had this so weekly last couple weeks 26 25 Could make an argument though that this is Trending upwards. I mean that's a pretty defined trend channel Or where we're hitting there line it up on the lows. Maybe the upper portions matching up with some of these highs there You know, maybe you use a little bit of linear regression to match those up. Let's activate. Whoops It's an art not a science folks Let's activate that drawing real quick so we can kind of play with where it might fall But you can see we're sitting in 26 bucks. It chopped around if that's a trend channel We're talking about 40 dollars. You could see from norwegian now bowing I bring it up because bowing sitting right at this a weekly going back to the lows we had at covet lows We'll call them march 16th 89 dollars on bowing A couple times buyers have gotten burned on this folks the market really got ahead of itself in june of 2020 Bowing got all the way up to 234 You're still in a losing position in bowing if you got into this thing in june of last year Let alone you had to ride it out all the way down to 141 You make it up to a high of 278 in march. You've given up 50 dollars You've given up almost 20 percent on that equity, but you're sitting right at that lower boundary line. That's a nice entry Uh, you can always set your stop Maybe you said it under where we've been recently the low of about 206 you're in at 226 You catch a run in bowing. Maybe you're pushing up to the 250 to 230 Maybe you come up and you test this high at about 278. We did have some volume up here You know nothing like we had on this first round we got in last may But you did have some volume up here. I mean on a weekly basis. You're talking about 128 million shares You're talking about 129 million shares. You can see we're pulling back with 50 million 50 60 70 50 million Stay tuned folks. We 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 clear water 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 7 27 329 83 22 or email us at tiger at tfnn.com That's 7 27 329 83 22 call us today The technology around us is changing every day with so much happening. It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information You need to understand the technology that shapes today's markets and tomorrow's future David white has made his living staying on a 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 dollars and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30 day money back guarantee tfnn educating investors Will the s&p 500 continue to climb for bold trades on us large cap stocks in either direction trade spxl spu u or spx s directions daily s&p 500 bull and bear Leveraged ETFs direction leveraged ETFs an investor should carefully consider a fund's investment objective risks charges and expenses Before investing a fund's prospectus and summary prospectus contain this and other information about direction shares to obtain a fund's prospectus And summary prospectus call 866-476-7523 or visit direction investments dot com A fund's prospectus and summary prospectus should be read carefully before investing an investment in the fund 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 for side 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 Welcome back folks 12 minutes into the trading week and we got markets green across the board with the s&p's now Positive by two points at 43 85 nasdaq 100 catching a bid check out that pop right now 14820 positive by 14 the dow's up 23 points right now russil up by two You see the action putting it on a one minute just to see the divergence We've got since we started trading at 9 30 you have the russil pretty tame action right where we started off You have the dow pretty similar to the russil right now You had some volatility but pretty close to where we actually started trading at 9 30 s&p's though And nasdaq especially you're talking about higher price s&p's have popped almost 10 points from the open We've had the nasdaq 100 really accelerate As has been the case usually as you're getting a pop at about 80 points to the upside right now 14,747 is where we open You're trading 14,822 bitcoin continuing to run as well We almost got a 58,000 price in bitcoin gold catching a bid too. Look at that one minute action We had in gold 8 20 this morning or so you're up at 1758 you trade down 10 dollars We've gotten it all back to 1758 right now again These are one minute charts just to see the run we've had from the open Silver not quite the same as gold. You see silver. I mean look at the difference, right? Silver was at 2262 down to 2255 now well above where we were at 815 always interesting How silver and gold trade a little bit differently Uh, and then notes and bonds a little bit of higher price clawing back some of that yield Now what's interesting here is it's columbus day today almost forgot really Much bigger holiday in new england as you got the boston marathon which returns with coven 19 air restrictions So with fall foliage replacing the spring daffodils is how they put it more masks than mylar blankets But nonetheless the pandemic delayed 125th boston marathon at left hopkinton on monday for its long way to run to copley Square so you get the marathon rock and they're probably finishing up right now With those champs being about two hours or so, but you get the boston marathon up there for columbus day Now what you do have here is you got most stores open Fed x ups they'll be doing business sock markets open as we know we're here But you have a lot of whether it's agencies for the federal government You have the federal reserve banks closed most banks closed one exception is td bank Not sure how that plays out or how so US postal service they will not be delivering packages today us bond markets Closed as well and then any agency or institution operated by the government such as libraries federal offices DMVs they will be closed today as well We'll try and see at that next break if we can get a little boston marathon update Always a fun day to check that out when I was up in the northeast kids will get off school Not much not much the case down here Not as big of a holiday work open kids open schools open. Nonetheless, we march on All right, what else we got going on checking around to What do we have? I did have stocks making moves up here. I'll pull it back in a bit You know what I want to jump to yeah, let's jump to where are we? Yeah, I covered those all right. We'll jump to some of the other equities We have coming up with their numbers And we're going to jump to here we go I want to cover domino's pizza. There's the stock now this thing has been on fire domino's pizza There's your minute action down on the open. We'll put it back to a daily to see the run this has had now man They really accelerated last earnings and quite a reversal, right? You wouldn't think sometimes an equity can give back an entire run like that You had domino's gap above on their numbers on july 22nd You trade up to 548 that then closes the entire gap you're back to 475 They crushed it out of the park on those numbers rightfully so to trade from 480 to 550 almost on that equity Now we take a look at a three-year weekly for some full context. You were at 220 in 2019 You came into covet now they had the gangbuster earnings before covet Okay, you trade up to a price of about 381 you trade back down to 275 on covet Market figures out pretty quickly the delivering food is going to be a good business to be in during a pandemic Nonetheless, you make it back down to almost that area at 319 things really take off man in march of this year quite a run now Just for some context here in terms of the retracement we're dealing with Okay, not even back to a 382 of the full run we had here you go from 319 to 548 you almost touched that area We made it down to 468 That's last week. Okay. The 382 was 461 Now jump it back to a 15 minute. We'll jump over to the analyze tab We jump to the earnings. They're out with their numbers on Thursday Decent action in terms of the volatility that you got priced in that's a 30 dollar move. It's a $475 equity So what is that you're talking about maybe a seven percent move? um Priced into their numbers and they'll be out. Yes on thursday with their numbers And uh This has some movement, you know from 472 to 492 back down to 475 so far this morning These are 15 minute bars. We're looking at the other stock we get that's on the radar is walgreens boots Now walgreens boots taking a look at the three-year weekly make it down at the end of last year to 33 36 I'll put it back to a daily to see the run. We've had this share 57 bucks. We're at a 47 bucks right now Excuse me just for some context. I like to know where we are on the fibonacci scale of possible retracements from runs We've had let's pull it up on this one On this one the run really began when the market took off basically about a year ago in october And you're dealing with maybe a 50 percent number that it likes with some support about 4509 you're sitting at 47 75 That's what you've got to bounce back in july for walgreens boots You jump over to them So they're out with their numbers on thursday as well about a two dollar and 61 cent move 47 dollar stock So what is that about yeah, that's less than uh, no, it's about a five six percent six percent move priced into their numbers As they'll come out with their numbers right now on thursday, uh interesting to see where that goes Just like the market getting a little bit ahead of itself to 57 bucks. You're back to 47 bucks Some of the Stocks i've been taking a look at just to take a peek maybe put them on your radar folks fedx quite a pull back You're basically flat this morning If you back it up to where we were when the run really began last may when the market again figured out Delivering packages that are ordered online probably a good business to be in but man, oh man Did they not figure out the cost would be on the rise if you recall fedx Hopefully not a harbinger of things to come because man They came out late in the last earning cycle and you're talking about spending 450 million bucks over 90 days more than they had spent a year ago Fedex 223 Again putting it back on the five-year weekly to see the run this thing has had you get back to a 618 or 186 Not sure you're gonna get back there folks That's an area. I would definitely be looking to add fedex right now All right at these prices you jump over to the fundamentals tab on the thinkorswim platform Talking about a company only valued at 59 billion dollars You trade down another 10 or 20 percent You're talking about a company almost under 50 billion dollar market cap for a company like fedex that I imagine has a very bright future Even though they're going to be competing with amazon with ups But I imagine they have a bright future as that market cap could sink So maybe 186 keep that on your radar if you get a trade lower From fedex to that price level Another one I was looking at this weekend. It's really gotten a little bit ahead of itself But air bnb You know maybe on a pullback to see some real nice strength here coming off a double bottom low It had back in may had a low and again in july I think the ipo price was 140 on this Yeah, pull that up air bnb I think it was 140 All right, I'll find it real quickly uh 139 a share I believe No, let me check that at the next break Nonetheless some strength, you know I'm trying to look for exposure in areas folks that You make got a rotation You know the the airlines have been hurt right bowings been hurt They still have a long way to go but eventually that tide will shift where covet won't be front of mind Whether it's worldwide whether it's domestic Air bnb may be getting ahead of that trading from 130 to 170 over the last four or five months Stay tuned folks. We'll be right back to finish up the show 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 and technical market analysis And it's not just dry tedious tech 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 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 basal 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 basal 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 educating investors Are you looking for a secured investment which pays you on a monthly basis? The target first mortgage program may be the program for you The best rate on a five-year cd in the country right now according to bankrate.com is paying 1 per year A $1,000 per a $100,000 invested the target first mortgage program pays 7 per year paid monthly on secured High value buildable 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 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 right now. We got markets in the green s and p's up by four all the markets dramatically in the green now Dao up 123 rustle up 10 catching a bit. I got a chart of peloton up there chatting Uh talking about peloton in the youtube tiger stand right now saying uh peloton up up a percent today This is a weekly chart. I have up here. I'll jump back to a daily in a moment Say a potential double bottom And you could I mean you have quite a decisive bounce here when you go back to their earnings in may All right, you were down to a price point of 80 48 you make it down last week to 81 on for a dramatically lighter volume I would be wary of this one though. Um You know you look up the valuation of a company like this. Okay. Now they're out with their numbers october 28th You're talking about a company still valued at 26 billion dollars selling Bikes and Selling subscriptions the subscription part is the savior there in terms of the last year and a half They've been able to sign people on to their subscription base for their classes at record level as somebody that enjoys being healthy folks As somebody that loves riding a bike They've brought the price down which actually was something that made me look at them for the first time in a while But still spending $1,500 for a bike for the privilege to pay A very high expensive monthly rate. I mean the cost this is my own personal taste here. Okay, because peloton's done Fantastic over the last, you know, year and a half two years from 17 bucks up to 170 But man, we've just cut in half the price The subscription price for peloton is more expensive than I pay for a subscription to la fitness And that la fitness has a gym showers A pool that you can do laps in let alone the number of equipment that you'd like in there Okay, it has a steam bath. I think it has a dry sound. Excuse me. Not a steam bath. Okay It's a very affordable basic gym la fitness. Nonetheless I can't Rationalize spend in almost 50 bucks a month For classes I watch online that yeah, you get to compete with the people in it and all that stuff I can't rationalize it folks Because I know how easy it would be to put out a similar product for very inexpensive When all they're showing me are streamed classes for almost double what i'm paying for an la fitness membership I mean, maybe this thing you talk about an abc down if your a points 171 and your b points 80 You're going back to 40 bucks on this equity gets back to the 40 bucks I might be a buyer and that's only cut in half you just got cut in half once this year It's possible. Maybe be a little patient. See how it reacts here. Thanks so much for tuning in folks. Stay tuned basil's up next live