 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Good looking good Billy Ray feeling good Lewis Mary New Year Happy Christmas is that whoa Billy Ray Valentine used to say Capricorn Anyway boys and girls we're gonna start out today with the Treasury bond market I've got a bunch of questions and answer that people have emailed in evidently it's got tired of waiting on the phone lines And so we're gonna cover some of those but as you can see this Treasury bond is in big trouble folks We just missed a 382 this week by one tick It's now down another $1,500 and continues we've taken out the lows of the last five or six weeks now Not looking very very good Now let's get back someone's asked a question about stock I know nothing about other than it's called Planeton or something like that peloton or no no wait planet planet here planet here peloton's exercise You'll see here this came out as a opening price at nine it went to 34 It's now down at the 61% retracement at 18 It's also if you look at it very closely you can see the ABCD pattern is there the sea leg will be 382 of the high And now we've come down so it's very strong support here in that if you want to buy the stock You know you're you're only risking about a buck buck and a half here to buy it as opposed to Half the price between 34 and 18 but this is a weaker than market stock And I know the stocks will I can officially say the stocks will never go down Folks I can't believe what's happening in the S&P. Well, I should believe it I've seen everything in the world after 60 some years We've had a drop in open interest over the last five weeks in the S&P 500 Along with the NASDAQ but the one in the S&P has been absolutely unbelievable We were at 2.7 million the high and the high open interest on the S&P folks was a year ago at 3.2 million The high we've been so far this year was 2.7 and now what we're looking at is 2.2 We've lost a half a million people in the last month A half a million longs and shorts have left the market So it's going to be really really interesting to see what happens to this Now I was watching something very very closely today. I thought it was going to be important I want to get it up here to show you where we were here is let's get it the right way here it is one second This is the NASDAQ and you'll see here that we were looking at an area between 16245 and 16278 we just went above 16278 I don't know what the high was but I saw it at 83 just a little while ago and the last price I'm showing now is 6298 so it is certainly shattered that number so not to worry about that one I am not doing any trading today but boy I'm sure doing a lot of looking folks I'll tell you that I'm not used to working in December I never have when I worked at Drexel He never worked the last two weeks in December that was time forgiving it was really an incredible time The office was on the corner of Wilshire and Rodeo that was before Rodeo Drive was very famous There was the promenade there but nothing like what it is today It was taken over by Middle Eastern interest back in 19 Started in 1976 and continues to this day Now I wanted to share with you some information on Tesla The stock market is moving very quickly for Tesla We stopped right at the ABCD pattern right into the 50% level and right at the gap The gap was filled and from there we've gone from 900 we hit the lowest 901 And I saw the tape this morning crossing the board at 1028 So that's one that's going to be interesting Okay well the NASDAQ has made another new high now that's good Okay let's get on to some of these things here we want to watch besides that There are other things that we're watching very very closely One of which let me walk through what I do here when I'm not Well I got to cover some of these stocks I'm sorry folks Here's the one that we were looking at from our gentlemen and I believe in Connecticut here We're setting it once standard deviation right now I was just told in the NASDAQ So watch that very closely folks it's hard These put buyers are going to be in big trouble if they get so much above one standard deviation Here is where we are with this ZS I don't know what that means but anyway remember the gentleman I said I would be getting out of it at 326 I think that was the ABCD it went up to 378 Went all the way down to 268 And you're probably today it's probably trading around 330 Because that's an ABCD Gartley pattern I don't know what the high is going to be today But there is an ABCD Gartley pattern at that point And remember folks these patterns do fail You know we've had I had two losses yesterday which of course we had a profit in the gold But it didn't get filled in the bonds that was a $1,500 one that we missed But we lost we lost what we lose $500 in the S&P and we lost $600 in the crude oil But of course we were up quite a bit for the week because we booked well over $5,000 in the gold But that's neither here nor there they only worry about the restaurant business as good as your last meal But we do have something working and I think it's important to pay attention to We were on with Mr. Z yesterday talking about the soybean market And I wanted to bring that to your attention here because it's got some really interesting patterns here We'll get back to hitting the almost to the exact penny yesterday And now it's backed off a little bit those of that head and shoulders bottom that we said was very important for major low in soybeans It was just absolutely perfect the right shoulder much lower than the left shoulder exactly what you like to see Pulling down right to a 61% retracement and then up on the way and that's completed that pattern folks So that's a main thing that you've got to remember you know used to well if you want to stay in it You know and write it for a little bit higher. I guess that's okay, but that's not how I look at things I try to you know find the best trades with the smallest possible Entry that I can possibly get and I've been watching one very very closely here folks This is the one I'm paying very close attention to and that's just this natural gas of me We're in the city. We're in the time when natural gas should be screaming and it is screaming folks The problem is it's screaming to the downside and that's what's really interesting about this darn thing It's it's got I'll just show you last night what I was watching watch what I was watching for it to happen Here's what I was watching a natural gas last night If you'll notice here that we had a really nice ABCD pattern and you can see the parallel channels that are there And it says there should be some really strong support down there at that 382 at 3 Right around 380 is 379 380 So I said well, I'm not going to trade it, but I'm going to watch it I decided not to do anything with that until I was absolutely sure that the time of December was over and I was well rested and that will take me more than a day or two But let's take a look here what happened because I I said gee I why just why didn't I just reverse and sell it Look what happened to the natural gas that I was looking at you see it stopped right at the 382 It rallies $400 and then belches like an elephant that's been eating too many peanuts We went down here folks. We touched the old low believe it or not 877-927-6648 Billy Ray Valentine Capricorn Merry Christmas keep those cards and letters coming in boys girls You might think that if you want to be successful at trading in the stock market you're going to need a crystal ball After all it's impossible to predict the future right like any endeavor in life before you decide it's impossible Get some advice from the experts you might find that it's not so impossible after all For daily market overviews that give you direction on the key indices, selective stocks and commodities Subscribe to the opening call newsletter at TFNN.com The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave The Chapman Wave up-down sequence gives you an edge in identifying price turns Finding the peaks and valleys in stock prices Get the opening call newsletter by Basil Chapman and your inbox every day First time subscribers also get a 30-day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com Educating investors 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 based scanner Powered by its acclaimed TAS proprietary algorithms This feature rich scanner instantly filters over 2,500 plus global financial markets Such as stocks, ETFs, commodities, futures and forex This powerful suite of tools leverages instant trade filtering and strategy formulation For 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 8.30am to 4pm Eastern For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds Tiger TV has 8 different shows with expert hosts to help you make the right moves with your money Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN Educating Investors Call now toll free at 1-877-927-6648 internationally at 727-873-7618 Okay folks we're back and my little handy little bell just went off just a second Pay very close attention to crude oil now boys and girls We are at a really critical level here We just took out the highs of a week or so ago at 73.29 by one tick So watch it closely because it's up against some major 61% retracement here Of course I tried that yesterday and they handed me a $600 debit credit from In other words I had to pay that bill for the crude oil but the others were working relatively okay Now I wanted to bring your attention to I've already talked about the I wanted I posted the chart of the corn we've also made the profit objective in the corn market The other one that we've been following very closely I don't have the chart on it but you've seen it so many times You're probably tired of looking at it and that is in the Japanese yen dollar There's a big head and shoulders pattern coming due here very very quickly So pay attention to that I'll be watching that over the weekend You won't be getting those of you that get the videos and stuff you won't be getting anything until Probably Saturday morning. I'll be doing a little bit and but that's pretty much it I've got to do some work Saturday morning here in the community But I will get it out early because I don't start that till a little bit later Hold on I just want to make sure that I'm watching this correctly in the crude oil Because yep we've done that and I just want to make sure we got there So I will watch it anyway I watch these breakout points folks because when they don't work it's just like the one in the Nasdaq Once we went above 16,284 that was telling you wanted to go higher So you don't really know where these things are going to end Hold on I have to do a couple of technical things There's a number I wanted 7333 that's what I wanted 7333 Now I can turn off the beeper and live in peace Okay let's move on to a couple things that we're also talking about here The next one I wanted to show you of course we've talked about the corn And I wanted to bring the other stock that was very interesting here because Bo had this position on and it's really amazing that fact well I shouldn't say it's amazing But look at the tremendously bullish news we had on Nike I mean had that huge gap up from 156 all the way to 170 it jumped up $14 and we've been trading below that number all the time I saw today it was trading a little above 166 as I believe But it's still a 135 pattern the high that we made there at 170 Was an exact 61% retracement of the high that we made back on November the fifth So that's what we're watching here today So I hope that gives you some information but all I'm doing now is I'm watching how market reacts to good news or bad news And in the stock market it makes no difference bad news it goes up good news it goes up It doesn't make any difference because it's going to go up forever I was tempted to show you what I was told today from my good well I was suggested today to look at to show this again this is this long-term picture We sent this out on December 10th which was 13 days ago That was with the S&P trading it this is the S&P SPX folks for to 47 27 plus or minus 5 The high had been 47 31 and we're back up back we just made a new high in the SPX I heard on Bloomberg So that's very interesting to pay attention to to we're in the midst of the Santa Claus rally And so we'll we'll be following that very very closely now I believe the markets are closed tomorrow, but the rest of the world will not be closed I don't believe and so what they'll be doing is they'll be trading in Europe and Asia and other places like that But it's going to be extremely light and that can yield to be really accentuated moves So that's the thing that you want to remind I will not be watching things tomorrow at all I'm going to be up to my eyeballs and work anyway Let's move over here not the kind of work that I'm used to either let's move over here to the natural gas for just a second I want to get that weekly chart up here to show you because we did make a lower low today What happened to here it is. Where is it? Oh, this is the daily. There's the daily and we get this up here right now And you'll see we did make a lower low Europe doesn't know Europe doesn't close for Christmas and certainly Asia Asia doesn't either so it's a big deal here Of course everybody loves it. I don't know about you folks but I don't you know I buy presents for the little ones You know the two year old and the eight year old and a 10 year old and I you know some of it was electronic boy Everything went through I mean I would order things it would be there in two days there was no back supplies or anything And I'm noticing here that you know there's not anything on the shelves that's missing I mean it's just The stuff we're hearing is just totally amazing. Oh on a sad note My friend that I told you about just a few days ago He passed away early this morning around two in the morning. They called me to tell me he was perfectly healthy on Friday And he was gone Thursday morning. I mean this is a big shock to me It's a big shock to me. I mean he how he played, you know, he's only 67 He still was playing senior softball. He played center field He's from Philadelphia just the nicest guy. He was a jewelry merchant and I met him here many years ago They have a big jewelry show here in Tucson every year January or February the first two weeks in February All the jewelers from all over the world come about 30,000 Descend upon Tucson they take all the rental cars and I mean it's just amazing how much business there was Anyway, he was here and on the first day the hotel he was staying in burned down And I had met him and he was trying to ask me where could he get a place in the closest place is Casa Grande Which was an hour away and I said how I said you know if you want to stay with me You know stay with me. I said you know two weeks I said I'm a bachelor so it's no problem Well, he stayed with me for 27 years and until last year when it was his last year and then he retired but How he's gone now and I'm really sad. I some of you that have visited me here have met Howie But it's a real sadness to see him You know see him pass away. It was just really a big surprise. That's the only the only the second person That I know at that age had died so unexpectedly so I don't know. Oh my goodness. I got a big note here I had I have an apology boys and girls I talked the other day about the fact that India had only had half a million deaths And I got more info I got more emails on that than any single thing I've done here in the 15 years I've been at TFNN and I I sincerely apologize and I understand and the reason is there are so many little Small towns in India that don't even have you know much communication at all so and very little some of the hospitals and stuff So that number is so exaggerated to the downside. It's not really fair I saw things from 6 to 12 to 15 million people out of the 1.3 billion people there, but I apologize sincerely for that and folks believe me I'm not going to try to I keep saying that but I never do I don't want to talk about the political stuff and this stuff Because most of it I think it's just you know it's fear. It's you know false evidence appearing real and in order to face your fear You got in order to beat your fear the only can do is face it folks, you know, I know that the disease is bad Our hospitals here are the next door neighbor right here DJ. She's the head nurse in surgical and of course she's in the intensive care unit all the time And their intensive care unit is about 25% filled here during the holidays So we're not having any really bad trouble here so far with the things here at Tucson But that's not Tucson the rest of the world, you know, they live to when we get back folks We're not gonna have pork bellies, but we're gonna have the next big thing coming up Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? 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I wasn't necessarily looking to see if that was going to be a short sale or not. I was watching a few other things and I'm not trading today and I'm not trading tomorrow. I won't be doing anything probably until Sunday and I might even take the whole week off. I'm not sure as of yet, but I see things happening that I think are going to be quite exciting. The volatility in these markets is going to increase. Now I did post a chart of the live hogs as you can see here. This is following very, very nicely to the upside. We had a beautiful guardly down there about five cents ago. And now you can see we're getting going up to the area with the holidays coming. This is the time for hams and bacon and all that stuff and so they do increase the prices because I happen to send the Honey Bake Ham to some people here that are a little underprivileged, well, greatly underprivileged. And so I sent Honey Bake Ham to these folks and it's really hard to get them here in Tucson. I had to order ahead of time and now when I try to do a couple more, they didn't have any more. They're supposed to get some in, but whether they have it in by tomorrow or not, they're not even really sure. So we'll have to wait and see. What really amazes me folks is how many people are really hurt. I mean, Tucson is a nice community. I mean, we don't have a lot of poverty, but boy, you should see the people that are having trouble. I mean, it's just really amazing. And the most amazing thing yesterday, I was doing a couple of things. And I saw a young family with three little kids, five, seven and nine. And you wouldn't believe how much abuse, the physical abuse they got from the parent. It wasn't the father, the mother beat the hell out of these kids. You know, one kid's got a broken arm. The other one's got two black eyes. I mean, why that person isn't in jail? I don't understand and how they can do that. I mean, I still don't understand. You know, I used to get the heck kicked out of me when I was a little kid, but I deserved it. I mean, I'd get the switch or the, the, the, the, uh, the belt. I got that all the time because I was mischievous as heck. But you know, for heaven's sakes, no one ever broke my arm or, you know, punched me in the face or anything like that. I mean, being a little like that, they're totally defenseless. All right. I'm off my soapbox. I'm just telling you what I'm seeing, boys and girls. Let's get back to something that is really fun to talk about. And that's the days at Drexel Burnham. In fact, we're all rodeo drive at Christmas time. I've told you before that Jim 20 men's girlfriend, a Margo Grant ran the catering company that Mr. Milken took care of. They had breakfast, lunch and dinner served to the milken people in junk bonds. Excuse me. High, high, high income bonds and anything that was left over Margo would fix it up really nice and bring it down to the stock and commodity down on the first floor and always do that. But at Christmas time, that was really special. We had this huge Christmas tree in the lobby and right inside the lobby was a conference room. And in that conference room, every single day for two weeks, they would have this giant ice sculpture filled with jumbo shrimp and they kept it filled. I mean, I don't know how much they ate, but it was a lot. And people would come in from outside, didn't even know who they were. They would come in and have the hors d'oeuvres and shrimp and stuff like that. And they were very, very generous with their course. They made a lot of money too, but they were very generous during the Christmas holidays and stuff. And they always took care. They would have many of these baskets that they would prepare for the, they weren't homeless at the time, but I guess they were called a needy. And Drexel, you weren't expected, you were ordered to give a nice donation every year during the Christmas holidays. And it usually was based on, you know, what your percentage of your income was. And that was no problem, but they were very generous about that. Those were some of my warmest feelings of seeing that. In our group, there were 22 people, brokers plus the staff, which was about another 40 people on that first floor. And there were four commodity brokers, myself, 20 men, Jack Friedman. And what the heck was Murray's last name? I can't remember Murray's last name. It'll come to me in a minute. And then there were 18 regular brokers of those 18 brokers. They were all seven, 16 were Jewish. And we had one gentleman from Japan and we had Adora Chan. She was from China. And so those were the only ones that only had two non-Jews. And when I, after I'd been there two years, they replaced my glass door on my office. And it said, you know, the titles that you had didn't mean anything, but underneath my name and my title in apostatires, it was Resonant Goya. And that's the name for a non-Jew. And they used to tease me about that because I spent more time studying the Jewish religion and all their observances as much as I did the Christianity stuff. So they did that. And when I left, I wanted that door and they wouldn't give it to me. So I was even ready, well, I was ready to buy it, but I still couldn't get it. But anyway, that's just the old days and how things go. All right, a couple other things that we're looking at. We've looked at Nike. We've looked at the soybeans. Well, here's what's happened to natural gas today. I can show you. I think I put this up already. Let's just this up here to see if we can get it here. Hold on here right there. There was where we go. And one other thing about this time at Christmas at Drexel, two of the brokers believe it or not at Drexel were actually rabbis. They had gone to the seminary and they actually went to the Los Angeles prisons and ministered to the Jewish prisoners and stuff. And there were quite a few more than I thought there would be. But they also did that and they did a lot of that, what they call philanthropic work, which was a lot of fun to see. All right, someone asked it. One other question that someone asked me was about a stock and I got it here somewhere and I can't find the doggone thing. Well, I'll find it in just a minute. I hope shut the front door. Let's get on to heating oil because we're breaking out here and the heating oil too. I wanted you to bring this to your attention. Oh, hit the wrong button. Shut the front door. I think I put the, I bet I did, didn't I? Yeah, but the wrong thing in there. Shut the front door and raise the rent. Sorry about that, TFNN. I'll get this up. Oh, now I've lost my, I've lost it down here boys and girls. Just a minute, hold on. I've got to get it up here one more time. Boy, oh boy. Don't ever let an Italian near in a computer. It's dangerous. Okay, should be back up here just a second. There we go. Anyway, I will get this heating oil chart up and you'll be able to see it without any danger. I'll be more careful here. And there we go. See, we're breaking out. We're getting ready to go up to that 240 level in the heating oil. That's the ABCD structure on that. You had a beautiful buy down there. I missed that whole thing. I've talked about it too many times here. So that's what we're paying attention to here today. And what else we got to do here? Wow, I still got 10 minutes to go and I've covered everything I wanted to cover. Not a good sign. Oh, I got a few other. Here's the stock. Here's the stock. I did find it. It's Robin Hood and his merry men. And there's Robin Hood right here. You'll see this. You'll notice here I put this red box in here just for your purposes of learning something. Okay. All during this move down folks from August 2nd when the opening came out, you know what the, it was what five days after the thing that it was at 40. And they took it to 90 in one day. I mean, you talk about a hose job. Anyway, we're going to talk about this red box when we get back folks. Very important red box. 877-927-6648 Billy Ray Valentine Capricorn Merry Christmas, Merry Christmas. 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 areas of the market. 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, the weekly 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. 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To obtain a Perspectus or Summary Perspectus, please contact Direction Shares at 866-476-7523. The Perspectus or Summary Perspectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principle. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four 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 and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Okay folks, we're talking about Robinhood and you'll notice the stock has gone from 90 to 17. But I wanted you to highlight the red box that I put on this chart here because that's the only place in this chart that has an ABCD pattern in it that I could find. It's a small one but you have to look at it closely but if you look at it you'll see there's a nice little ABCD pattern there and of course when it breaks it was halfway down and you can see what's happened to it. So these ABCDs are predictable in nature but they're certainly not infallible and when they do fail you've got to get out of the way. There's no if, ands or buts. So let's keep that in mind as we look at these charts each day. I think it's very important that we watch that. Now the next one I wanted to talk about is something that I'm going to be doing sometime in the near future. How much in the future? I'm not really sure but this is a chart of the natural gas. I want to go through this because I've really got my eye on this because this is the port bellies of the futures market folks. The margin's only like 2,900 and it moves that much every day. This is where we were just a few days ago on December the 19th. It was last Friday I believe and you'll notice here we had the ABCD. Now that measured just a little above four and of course it went to four and then of course from four it went all the way down to 360. It dropped $4,000 in a matter of a day and a half. So those are the kind of things that you want to be looking at. The reason why I'm bringing this to your attention and showing you with a moving average on it that's just with a simple I think that's an exponential moving average. I put that on because I don't use moving averages but I worked with people like Jay Cross that was very, very good with moving averages but he used them a little bit differently and that's what I want to be able to show you. The only time that I ever sat with Amos Hostetter was in 1972. I got to spend an hour with him. We went to lunch and then came back and I was at his desk with Jay and chatting with him and stuff. We spent a couple hours and everything was done by hand folks. Remember we didn't have any of these fancy computers. Your stuff came through on ticker tape. You had to do it all by hand and he kept what we call a ledger of what prices should be doing and what I'm going to be doing sometime when I do the next day trading event sometime in March I'm going to share with you what that was and it's really quite interesting and it does work and it's really something that is important. The only reason I'm doing this is that somebody from the old days the old Drexel days they say why don't you ever talk about that. We used to do this all the time and I said well I really just look at ABCDs anymore I keep it as simple as possible but he said you know this thing is really good for following a trend. I said yeah I know but then I started looking at it and looked at some of my notes and I'm going to share the stuff with you you may or may not be able to use it but it's good stuff. It's a variation of a moving average but it's not a variation that Amos had he had a number there he wrote that number down and it was always in red and you could see every day there was a number in red and I asked him I said what is that number he said if that number is red I'm going to be short and he said if it's not red I can belong and so that red number was the one that was really important so we'll keep an eye on some of these but I think we're making new highs in the S&P if not we're very very close but another one that's going to be really important to watch folks is this and I keep talking about it and that's this dollar index I'll be doing over the holidays I'm going to be watching this dollar index like a hawk because the Euro could be getting ready to go either way we have such a long consolidation in the Euro that when it does come it's going to be really really exciting and I you know we've had up and down now just for the last few days we just completed a big ABCD last night in the Euro up there at that one thirteen twenty five or something like that and there that was halfway back into that number so you know this thing has been in a sideways action for a month folks this is either accumulation or distribution it's how it's going to come out of here and when it does in Europe gained so much on the US dollar it could be who's got the cleanest dirty shirt you know that's that's all I know because you know we got a lot of problems in this country we got a lot of problems in the UK we got a lot of problems in China so which you know which currency are they going to go to and I'm going to give you a big hint it's the same color as the sun and if you don't get that one you don't get to play in the sandbox anymore speaking of the sun in the market watch this number right here folks if we close above 1812 in the gold and I'm not talking about the war of 1812 I'm just talking about 1812 that was the high of the day today in the gold if we close above that we could start to see gold get ready to really really big move I don't know if those of you that follow I don't remember the name of the call to say it's a big marketing firm they use Jim Rickards a lot yesterday two hours he offered something for twenty four hundred dollars he sold it out he was offering five thousand units in three hours they supposedly sold it out and I'm going to give you a little hint at what it was it was a strategy for buying calls on the gdx I don't know how you're going to make twenty four hundred dollars back on that unless it has a monster move but we are watching gdx you know very very closely for me 1812 is going to be very important in that gold market because that would exceed the last seventy eight percent level it would also give us an indication that maybe we're finally getting ready to have a big move because that move office seventeen fifty five was dramatic folks we moved six thousand dollars off of that and it looked like it was never going to stop going up and then of course it got to two harmonic numbers up there high today's been 1811 that's already above the seventy eight percent level eighteen oh nine and that's the second indication that yes it may be getting ready to have a pretty good move so we're keeping a close eye you know on that one so we'll be watching that very closely boy this nasdaq is really smoking today folks we're already up to one sixty three seventeen that's thirty points higher than I thought it could get to so I'll have to write that one down by watching all of these as we look through the bonds are still weakening I notice and that's pretty much what we're looking at here today we got a break coming up and we get back to the break we got to figure out how we're going to get all these Christmas presents to you folks today oh by the way the person that sent me the very large credit card I don't know who it was but please get in touch with you I'd like to thank you I got a credit card thing in the box and it didn't come from my family they never give me anything so whoever sent it and I'm assuming somebody from TFN or maybe not I don't know but no one it was blank I mean it was just a card it was a gift card you know for two hundred bucks the problem is my friend that you sent it to me they don't accept these at the race track now I've got to figure out how to convert it into real cash hold on we got a question from somebody coming up here and I'm going to give a little gift card is what it was it was a visa gift card I didn't know they had these things but it was for two hundred bucks which is awfully nice but we'll see what happens with these things okay now let's move on to a couple of the little things that might be happening this we've got a break coming up here we were in the break why don't they tell me these things are you in the market for buying or selling real estate in the Tampa Bay area whether you're looking to sell your current property for maximum value or you're in the 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The technology around us is changing every day with so much happening it can seem impossible to keep up with all the information. David White's investment newsletter The Technology Insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices and stops to set for each trade. Dave delivers his weekly news with Technology Insider at tfnn.com for only $37.50. Sign up for David's newsletter The Technology Insider and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day money-back guarantee. TFNN educating investors. Are China A shares hot or not? If you trade China A shares now may be time to take a closer look. Trade C-H-A-U or C-H-A-D directions daily C-S-I 300 China A share bull and bear ETFs. China A shares in either direction. Visit directioninvestments.com today. An investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing. The Perspectus and Summary Perspectus contain this and other information about direction shares. To obtain a Perspectus or Summary Perspectus 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 Foreside Fund Services, LLC. This is the Dow Jones e-mini chart and we're above that. I think we're really close to 36,000 level. That'll be getting close to a new high, but you know, we've just made that 78% retracement down there so it could easily go up and make a new high for another ABCD. The next one I wanted to show you I think is very important. It comes from Robert Schiller from Yale University through Crescent Capital and also the courtesy of Elliott Wave International. We've seen hundreds showing different peaks that have occurred in valuations, GDP, sales book value, all of these things are in a very, very high level peak. In fact, if you they call it the everything peak up in here, that I don't know. I don't know what everything peak means. All I know is just looking at all these charts and looking at the vertical move that we've had. You watch these stocks go from, well, you know, you can see Peloton went from what nine to 34 and then back to that's just one. You can see some of the others that have gone absolutely Gaga. So all I can tell you is that the only cure for high prices is high prices and the only cure for low prices is low prices. So all I'm saying with that is when this thing does turn and when it does turn, we're going to be ready because I can trade the short side of the market a whole lot easier than I can alongside. You know why? Because the short side is faster because fear is a greater emotion than read and Billy Ray Valentine and Santa want to wish you all a very happy holidays wherever you are and may God bless every day in an attitude of gratitude and may God bless Rudolph from almost ready