 T F N N headline news update Welcome folks. We had the Dow industrials finished up 117 Nasdaq up 27 S&P's up 9. We had the Federal Reserve folks cut short term interest rates 1 quarter percent. That was the expectation We are now at 1.5 to 1.7 on the discount rate discount rate, of course is bank to bank Gold contract gold contract up $8 and 20 cents traded at 1498 an ounce We had silver up 5 cents 17 dollars 89 cents an ounce light sweet crew down 66 cents $54.88 a barrel notes and bonds as the Fed folks folks came down 1 quarter percentage point. They bottom line Looks like inside the statement that they're gonna stay flat for some time that being said the note and bond market Continue to want higher price lower yield. We had the 10 year go up 14 ticks today 129 22 30 year go up a full point plus 10 ticks at 159 31 and if we get open we take a look at that 30 year first what you're gonna see out here folks The bottom line is that they're back to buying notes buying bonds buying the debt structure inside the Treasury's in a huge way We've done 282,000 contracts. You had the price spread that is saying that the 30-year now wants to go back to the highs that were generated out here in October 7th that high is 165 the high the high is 16675 So bottom line is that the Fed may be saying that yes, guess what we're gonna slow down We're gonna keep your eye on inflation. That's what I think they're looking for But the 10 year folks is trading at 1.77 right now King dollar what did King dollar do King dollar start moving to lower price gave it up on price in a big way out here today We got to 98 closed out at 97 and a half King dollar wants to get down to this 95 area. So I expect what we're gonna see we're gonna see those metal markets Go top side once again as the dollar goes downtown because what we have had inside the metal market Metals were still very next close to a high when in fact the dollar was at its highs now The bottom line is that it's gonna be able to get some relief because good old King dollar is backing down The s&p's went to an all-time high today still light volume. We go that's the real bottom line to recap out here Dow industrials up 115 as like up 27 s&p's up 10 have a great night safe night We look forward to speaking there right back here, but our mammoth Larry pessimist or tomorrow morning folks nine o'clock