 a presentation of TFNN. 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 our man, Alan Homo-Sasa. What's going on, brother? It's, isn't it wonderful? I went ahead and invested in your Tiger Dollars. And I went ahead and got your gold report for a year and also your call letter and stuff like that. And I got over 50% return in one day, not counting everything else. But I just want to thank you. Tom's not perfect, but he tells you how to put your stops in and keep your losses small. You can take your small losses, but then all of a sudden you'll be like Dave Root and you'll hit a home run. I mean, a big home run and put the money in your pocket. OK, brother, you're awesome, man. Thank you. Now, Tom O'Brien. Well, welcome, folks. This is Tom O'Brien of TFNN. 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. Hope everyone's having a great day, safe day. Let's make it a great night, folks, and a great week. Window dressings and spades. Look at it, baby. Always do your best. Practice makes the master. By doing your best over and over, you can master the art of transportation. By doing your best, the habits of misusing your word, taking things personally and making assumptions will become weaker and less frequent with time. Otherwise, let's take a look at it out here. We have the now industrials trading up 296. Nasdaq's up 261. S&P's up 53. Gold contract down $23.10, trading at 19.16 an ounce. We have silver off 27 cents, $24.92 an ounce, light sweet crude off a buck 54, $104.41 a barrel, notes and bonds. The 10-year note, up 16 ticks, trading $1.2207, 30 year up a full point, plus three ticks at $148.23, and $Kingdala. Kingdala's down 700 ticks, trading $98.391. Euro is 110, yen is out here at $122.83, and the British pound is trading at $130 to $1 US dollar. iPhone number is 877-927-6648. Give us a call, folks. One note's going on in your world. In the world of the S&Ps, let's take a look at it. And what do you have? Well, bottom line, we have an ABC structure up in the S&P, an ABC structure up in the Nasdaq, and you talk about straight line moves, man. It's a straight line move. The ABC structure is a straight line move. Now, what you have here also, folks, is this. Now, watch this. This is how bizarre this is. On an ABC structure, A to B equals C to D. The A to B leg, okay, straight line move, most times the B to C move, folks, is a huge consolidation, drives everyone crazy, goes back and forth, back and forth. My point is, in this particular case, it wasn't a consolidation. It was a slight pullback with an acceleration up again. Okay, so now what does that mean? It means a couple of different things, and this is gonna be really intriguing watching how this shakes up. So the spy right now is 59 million chairs. Yesterday we did 58, so the spy's gonna do some real volume. We got a window dressing, you gotta remember that, okay? So this is the beginning of window dressing. This is gonna go over to Monday. So you get volume coming in. We have a price projection of 478, and right now you have 461. 478's almost the high. So what the S&P's telling me, actually, because we didn't consolidate much, this will blow some minds. This is gonna, we'll see what is gonna be a blow off top, but the bottom line, my take is that it's gonna spike this top, meaning that it's gonna make another all-time high and really blow some minds. That's in the S&P. Now, and the X100's different. It's still in an ABC structure up, but it's in a much lower position when we do the A to B equals C to D. We are at 391, and I believe, let me do it this way first. That's 390 right there. Okay, so this is cool. You can see, if you're watching Tiger TV, right, you can see where I put this line coming across. That's 390, and the projection's 391. So what I expect you're gonna see is that as you see the S&P spike the high, this will try to get into the high, but you can see when you lay this out, man, this is, it's saying that the NDX100 is not going to be able to basically bust this higher level. And it's gonna stop in its tracks when it gets into ice. This is actually ice, okay? Ice is where you basically consolidate it for a bit, and when it ended up happening, and the NASDAQ NDX100, from November 3rd, going all the way over to January 5th, we were basically going back and forth. When we broke down, that was a major breakdown, okay? So it's gonna be really cool watching this and seeing how this baby shakes out. Intraday today, now this is where, if you really understand the ABC structures, and the more that you do them, the more you have confidence in the folks. So what happens is even intraday today, I was like, oh, this is a trip. They brought the market back intraday, but guess what? That's all that is, and when you take a look at it, you're gonna see how light the volume was on these pullbacks, man. You first pulled back this morning, had some juice in it. That juice was, that was a 10-20, so watch this. A 10-20, that level came down, went into a swing point from earlier this morning. That had volume of 46 million, 46,000 contracts. Now watch this, though. Then you went higher, then you came back down and tried to get lower with 21,000 contracts. Now what we're doing is we're busting the highs. You had a high volume spike at 46-23, we're gonna blow by it. That's how this thing, more than like, is gonna run coming into the close, okay? So it's pretty wild, there's no doubt about it. Okay, so let's go over to the gold contract because they basically took this gold contract apart as the dollar was going lower. So GCJ, they pulled this baby up, and what you're gonna see is that you got 118,000 contracts, which is anemic contract volume, by the way, and the way down. We weren't having a lot of volume on the way up, but on the way down that was anemic, and I suspect what we did, we broke the B point, and this could have been an ABC down, man, okay? The dollar saved us. So you will go, you did 118,000 contracts, going into 195,000. Bottom line, not on ABC structure down, what you have, you got a rejection of lower price, you have light of volume, top side once again, and this is still an ABC structure, up with a 25 to 2600 number. So it's pretty wild, there's no doubt about that. Okay, so let's go, we had a question about looking at the diamonds, and see if that's an ABC structure. Oh, this is gonna be interesting, this is gonna be today. So, well, we'll see. The diamonds might not get the volume, but I can do this another way. If the diamonds don't have the volume, you just wanna know whether the, when we come back, what I'll do is I'll, what you can do with the Dow Industrial is I'll, this is the way you should do the Dow, actually, not doing the DIA, because the DIA, it trades, but not as liquid as it should be. We'll do the volumes, the major volumes in the Dow Industrial's, see where that swing point is. Dow Industrial's right now at 307, Nasdaq's up 265, S&P's up 53, stay right there folks, come right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com, TFNN, 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 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 got 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 and technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. Toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks of Dow. Dow Industries right now are up at 304 and NASDAQ is up 266, S&Ps are up 55. So inside the Dow Industries, folks, what you have is this. And I suspect it looks like we're gonna get the volume. So you're breaking the B point today inside the Dow. That's how this thing would shake up. And then what you would do is you go back to the 22nd and take a look at what the volume was in the 22nd. Now the volume on the 22nd inside the NYSE was 22nd? Yeah, 22nd, 1.1 million, 1.1 billion. So we'll see whether we can get it. It's not bad. Right now you're at 597 to 600 and that's early to be at that level. So we might get it. Inside the IWM, the small caps, bottom line, you do have an ABC structure up. It's gonna have the volume today. You're up five and a half dollars. You're breaking the B point. That's a price projection of 219 in the volume of more than 24 million. We got 21, we're gonna do it. So, you know, there are cooking, man. Let's get over to our man, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the hour. And don't forget, folks, Basil has an outstanding show here every trading day, 10 to 11 Eastern standard time, also has a great newsletter, The Opening Call. Now it's very easy to get The Opening Call, folks, come over to our website at TFNN. You're gonna see it right under Featured Content. You just hit the, oh, I see. We put the targets then up. I got it, okay, one second. You go into the newsletters, and you're gonna see The Opening Call, folks, right on your left-hand side. You just hit that button. You hit Subscribe. You can get The Opening Call for one month for $149. You get it for six months, for 6.95. It's the savings of $199 at 22%, and you get it for a year for $593, which is, you get it for a year for $11.95, which is the savings of $593 or 33%. All come with 38 Money Back Guarantee. In Basil's case, he's got about 10 to 11 great webinars out there. You wanna understand how to ride this wave, folks, and ride this market, check it out. Great newsletter. Basil Chavin, what a trip, huh? Hi, John. How are you? I'm doing good, yourself? I'm good, considering what happened in the two weeks that we've been looking at since I got a by-signal on the Dow down to about just under $33,000, this is remarkable, and as you know, in Chapman Wave, we're always looking for a by-signal to be upgraded to a by-mode, and that implies at least four higher peaks going to a leg D, to a peak D. And here we are with a height to that of $35,372, we're a little under that right now. The last height that was made back on January the 5th at $36,952 was a peak D, so I'm always very wary when we get there. But one of the things that I think is quite fascinating is that you and I last week spoke about all the different divergences, positive and negative, and even within sectors, they're really mixed signals, and then this is a period where if you can identify the tide, I always talk about the tide, that is, if you can identify whether you're going up to high tide or you're coming down to low tide, that's really important because it allows you, when you're trading with the tide, if you are wrong, you're wrong just momentarily because the tide is going to get you back on track. So what's really important here is that, although this is a fantastic move from the 32,272 low back around about the 24th of February, in terms of the wave form going to a peak A, then a B and a C and a D, normally you would see a much bigger move in each of the legs to the upside. So what I'm very impressed, it's the monthly chart in all of these instances that's going to be really important. How to be closed Thursday at four o'clock, because you know between now and then is a lifetime in this market. So far, I like what I see, everything's moving just the way we wanted it to, but there are a lot of extraneous events that could change the trajectory. So when you were talking about, I've got here, and I haven't shown you this for a while, I've got this, there's a Chapman wave, automated support and resistance levels. And you can see here in the Dow, 35,561 is the next level of resistance. Over here on the left, you can see there were 35,900 and 35,700 and then we turn around. Even at the top, we made that top at 36,000, right there, 36,952, you had two resistance levels just above it. So how we get above in the next, not just the next few days going to the end of the month, going for about two weeks, if there's any chance of the Dow getting into the 35,800, 35,900, that is really considering what, and this is what I've been talking to you about for some time, to consider all the things, the negative things that this is including oil just record highs, a week's going to record highs, and the war that's going on, the interest rate factor, look at this, the Dow, 36,952 is the monthly chart, make a peak E, we go under the 14 period moving average, and at this very moment, which is what, 3,23 PM Eastern time on Tuesday the 29th, so far this candle looks good, but what's even more impressive, and I think you alluded to that a little earlier on, that the S&P, look, the S&P 48,18 down to 41,14, and here we are at 46,30, I don't know who could have thought of that when you were coming down and just two and a half weeks ago when things were looking so ugly that so far this month we could have this kind of a mood, so I'm not arguing, we've only got long positions, we actually have a couple of very low price stocks that I've seen besides the triple digit positions that we would have, I also want to have single digits because they can give you very nice percentage gains if you're in the right sector at the right time, so we've got one that's up about 5% today, so it's very selective, some stocks, when you look at some of the brokerage area, not all of them are participating, and I usually like to think that the market really moving sharply would have the brokerage area moving very, very well, so there are some divergences, but I like what I'm seeing, if you look at the daily chart of the Dow, the MACD is very strong, it hasn't even started to turn down yet, stochastic's flat at 97.61, that is fabulous, that's superb action, and as long as it stays flat and holds there, that's a big positive, on-bundles volume is lagging somewhat, so that either is a very big positive because you have to wait for this blue line, the on-bundles volume to go all the way to the top to get oversold, that would be a big positive, or it's just telling you to be a little careful, so at this point I'm thinking of it as just confirming that we are moving higher, so the day, the nine period is over the 14, we weigh above the 200 period moving average, there are a lot of things to like here, and under these conditions to actually have this kind of a rally for any of the bears, this must be an absolute shocker because- That's quick for sure, straight line move, man. Yeah, but not only that, in a certain way, they correct in thinking negatively, but they're not correct in saying it impacts the market negatively, because the market right now is actually shrugging off all the bad news, I think that that's usually a very good sign. Yeah, no, there's no doubt, I mean, but you had the leg down, and the most deviant thing might take is it go all the way back up and then it blows off, I mean, it doesn't have to blow off top, I'm just saying that this is what markets like to do, which is pretty wild, man, you know. And the other thing is in Chapman Way methodology, we're always looking for leg D in a buy signal to buy mode, and this is still a leg B, a Pp in the S and P, and that says we should somehow go about 48, 18, 62, and that would be a very big positive for the monthly chart, that will start leg C, and it should still be a D. Right, baby, right, I love it. Guys, thank you so much, look forward to show tomorrow. Thanks, man. Stay right there, folks, we'll come right back. 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 Tiger's Den Trading Room, only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's 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 Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community. TFNN, educating investors. 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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 Gartley's, 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 gonna 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, Dow. Dow Industries right now trading up $319. You get the NASDAQ up $279, S&Ps are up $57. You get game out here, folks, in a big way. Now, folks, as you come over to tfnn, you are gonna see right on the front page, okay, under featured content, the Tiger's Den Trading Room. This is really cool what we'll put together here, okay? What we have is this, okay? You know, we always had a trading room. We used to do it through HotCom. Bottom line, we were the one of the first ones out there with this years ago, right? Bottom line, we think we get a much better deal now. We have a room. It's only a dollar a year, okay? A dollar a year, bottom line, great community of tigers and tigeresses. Lot of great ideas out here. Lot of great charts, it's very easy to use, okay? We'd love you to check it out. So come to the front page of tfnn, hit the button. You'll really enjoy yourself. But not only that, the bottom line is that the markets are hot enough, folks, okay? This Tiger's Den generates ideas on a continual basis. You decide ones you like, you don't like, but the bottom line is that you have a lot of bright tigers and tigers in there doing the work. We're all in there. It's a cool deal. What's really cool about it is this, so check this out. Before, you just have to be on your computer, right? Now, guess what? Everything's on your phone, your computer, your tablet. Doesn't matter what it is, check it out. You'll have a blast. And more than like, you're gonna make money. Well, your probability, let's put it this way. I'd say your probability goes higher because of the amount of traders that we actually have in there. You can decide what ideas you want or don't want, but I suspect that you're gonna basically do better, have more sustainability and more consistency. So let's get over here. So you just go to the front page of tfnn, you hit the button, it's a buck and you're in and you're gonna have a field day. Let's go take a look at deer. So deer, deer, here, we pulled this up the other day. Deer is in a monster ABC structure on the way up. Now, deer's getting taken apart today, down 20 bucks. Okay, so we, let me see which one I had here on this. This is a weekly or monthly, I think it's a monthly ABC up. It's a monthly, it'd be great. Yeah, it is a monthly, okay, cool. Okay, so the way to look at this, your B point on this is, okay, so your B point is that like 392 to 400. Now, that sounds like, okay, which one are you gonna pick? Well, it really doesn't matter, folks, okay? The most conservative way to pick this is that you say it's 392, there's two little spikes there, that's what's going on. So right now we're trading at 412. So if you're not in this, okay, the way to deal with this, this may turn into a complex ABC, we'll see. You let it get down to that level. That's how I trade this right now. You're down 20 bucks. What brought this thing down? Let's see what's happening here. Okay, so you got, invest a business daily name stock as a sell. Okay, there you go, that's enough to push it down. I'm not quite sure what that is, but bottom line, that's all right, that's good actually, okay? Now we'd have, you have volume today though, so I wouldn't bang on it today. Bottom line, you get tomorrow, you get somewhere down in this 399 area, yeah, and you have a contraction of volume, I'd be all over it. That's the way that you want to trade this baby out. Let's see, then we're going to look at Devron, DVN, or that, I mean, if you're going to get Devron and buy it right now, it's down 10 cents, you got high volume highs out here at 63. And is this the way I trade Devron right now is that you're already rejected lower price. And what you're looking for, I'd put the stock right under today, which is pretty cool, 57, 66, put it under there, you're looking for this to break highs, that's what you're looking at Devron. If we get over, let's go take a look at the oil patch because what ends up happening all, there's no doubt that when we were just looking at the aspect of Devron, it's the oil patch. Okay, so right now, you were down at $1.29, you have 367,000 contract traded, and you know, oil can go, this is a little consolidation. Oil can come down and test. Is that what it did today? One, that's 100. Yeah, that's what it did, interesting. Okay, but it tested with too much volume. I would just, you wouldn't necessarily have to wait on Devron. I think oil can pull back to $92.20 and basically not say a thing, meaning that it's still gonna go to a higher price. That's how that baby is set up right now. So, you know, the way that I would be looking at this market right now, this is something that you should wrap your head around, and this is what I've been talking about. These ABC structures inside the S&P and the NASDAQ folks are the best trades out there. That's the reality. There's very few times in the marketplace that you actually get a shot at the size of these and the deviance of these. And you know, I can understand, so my point is this, if you're going long stock, you should be looking basically just at the cues of the diamonds, because they still get more juice into them, and I put the stop under wherever they're trading right now, because what ends up happening is that the A to B is a straight line move, C to D is a straight line move. This is going to be a straight line move going all the way up, man. You know, this morning, what we had out here when you see this, right, let me bring this up, because this is applicable when you're bisecting and dissecting markets. Now, and this is something folks, you know, I just brought up the discord room. I was, I'm in that room all the time. I was in there this morning, okay? I'm always in there. I was saying, hey man, we get the ABC structures up. This market could be up two to 3% today, okay? This is at 7 o'clock this morning. Now, where I was getting that is right here. If you're watching Tiger TV right now, the correlations, okay, between the world are still there, and what we had out here is that last night, you know, the Asian markets, they were a little mixture, the CSI down, but the rest of them were up about 1%. In Europe, the bottom line in Europe, man, they were up two to 3% across the board. The footsie was only up eight tenths of 1%. Other than that, though, the bottom line is that they were moving beyond belief. And what ended up happening is that our markets weren't up that much. That is a great setup in order to basically get in trades because that first expansion, meaning in between the European markets and our markets, most of the time, that's where it goes. This is a one world market. Now, what's gonna be cool tonight is this. Now, I don't have the volumes yet, but let me show you something. Watch this. So when you put up the DAX, the DAX in Germany, this is taking a big point out today. I'll have the volume, but I don't have it right now. The bottom line is that if this is an ABC structure up also, then what you have is your probability gets much higher. That, guess what? That our ABC structures in the United States are gonna go to the highs. And you try to put as many pieces together as you can so that your probability of your trades are gonna be in the green versus the red. And this is definitely a trader's market right now. There's no doubt. I mean, it's a fast market. It's a cool market. It bounces. It hits the fib numbers. It does all the above. Dow Industries right now, up to 337. You get the magic up to 80 S&Ps up 58. Stay right there, folks. I'm right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa, and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. Free at 1-877-927-6648. Internationally, at 727-873-7618. Tom O'Brien. Welcome back, folks, or dows. Now it's up 317, now it's up 274. S&Ps are up 56. Let's go to our man, Robert in Kansas. Robert, what's going on, brother? Hey, Tom, thanks for taking my call. Sure, thanks for calling, man. You bet, you bet. Hey, I have kind of a general market question, just kind of a bigger picture just to get the lay of the land and get your thoughts on it. So if we go back two or three weeks ago, kind of the thinking was is, hey, we should get a bounce and then it's gonna go revisit the lows and maybe lower and hey, I was all on board. That made sense to me. That's, I mean, that's what the charts were looking like, but now I'm kind of following that category of people that you said, well, this is blowing your mind. Well, it is, it's gone up much higher than I thought. Do you think that that's what we're, what you were talking about two or three weeks is off the table now and it's not gonna go back and revisit the lows and maybe break lower? Do you think now we're kind of in a, kind of a consolidation between the highs and lows or can you, can you take a picture? Yeah, that's a great question and I'm glad, I am so glad that you called and explained exactly what I did say because that's exactly what I said. And when I was saying that, it was blowing minds, but I felt like once it got going, I felt like, oh man, hey, we're gonna go. And so when the ABC structure came in, it's like, okay, we're gonna go too. But my take is that, no, this is a market that's in trouble, man. So my take is that, what we're gonna do is this, is that you're gonna get up to the highs and you're gonna get more people in. There's gotta be people going in right now that saying, I can't believe this, okay? And then we're gonna see this thing. The first leg down after this can just, you know, I don't expect it will go lower than we went. But this would be the consolidation that's set up and it's a great consolidation. It's a monster consolidation, do you know what I'm saying? Yeah, so this is kind of what you were, two or three weeks ago, you were talking about that. And I don't know if it's a bear market or what. So I don't want to put labels on it, but let's just say it may trend down. You said it'll give you maybe two or three or give you a couple of few opportunities to get out and this may be that. Right, that's correct. Right. I'm in the camp that approximately seven or eight months from now we're gonna be in a good-sized recession. That's where I'm at. And I know- I think there's a lot of people who probably agree with you on that. I don't know, you know, there's a lot of people that don't. I mean, anecdotally, I'm talking to all, I build the friends and all this and I'm probably the only one that's bearish. I've just been doing this long enough, man, that if anyone thinks that you can go up on interest rates for, let's say four, four and a half percent, which I think is gonna happen. Inflation is raging so bad that you can't go up a quarter percent and quarter percent. That was not gonna do anything. And you and I and everyone else are gonna get totally fed up with inflation and we're gonna want to throw everyone out, okay? So if they- If I agree, they're gonna have to start probably doing 50 basis point increases and it's not, it doesn't, I mean, it would be the exception that they're able to orchestrate a soft landing without throwing us into a recession. I mean, that would be magic. Yeah. And then, now listen to this, now I'm gonna give you something that's even, that's a little bit deviant, okay? So, economy's in general, right? And the Fed in general, right? You know, they'll stretch it, stretch it, stretch it as long as they can, right? And then, when you can't stretch it any further, there's a train of thought, man, that's saying, okay, hold it, we gotta rewind this whole thing. And if that's where the question is that we gotta rewind it, they just might lay into a recession even though we know what they're saying, you know, we're gonna do it again, we're gonna do it again, we gotta do it on the side of that odd dollars don't get destroyed and then it starts over again, man. I mean, they may take all the liquidity out through, you know, their bond buying, I mean, they've stopped their bond buying, now the question is, if they have this big portfolio, what are they gonna do with it? Just naturally let it attrition, kind of waterfall off before they start selling it. No, no, no, they would not sell it. They wanna, yeah, they're gonna let that fall off. They've said they're gonna let it fall off. So that's gonna fall off, but my take is that between the, you know, still picture, there was plenty of money that was put into the economy, right? More than we've ever seen for a long period of time. That money's starting to dwindle, okay? That money has been swapping hands, you know, going through the economy, bottom line. And I suspect in another seven or eight months, you know, when interest rates go higher, there's not gonna be as many people that, you know, can buy as many things which slows things down. And, you know, we'll see, you know, I can be totally wrong, man, but that's what I'm positioning for. Let's put it that way, you know? Okay, and then you're thinking, you call it window dressing, it's kind of another name, maybe fun buying as well. That's correct, yes. That will kind of, will that close out by the end of this week, early next week? Early next week. Yeah. Okay. And I think when we look at the markets, you know, the markets, you know, so deep and it's unbelievable. So, I suspect the S&P will probably blow its top, you know, get over the highs that NASDAQ won't get there. And, you know, this very well, you know, so that's the bear argument, the bull argument, like when you start it off saying that, okay, are we just gonna keep going? Well, if we do, that's gonna be all about inflated prices. That even though that you have a higher number, you are not gonna be able to buy as much. You know, and that's the scary part, actually look at the markets, you know, because guess what? Inflation is 7.8%. What if it goes up to 12.5%? Well, these stock prices will go up because it's just a higher number. It doesn't mean that we can buy more, you know? I had a sort of twist in them. The counter would be they wouldn't, if it caused a recession, then it would pull, let the air out of the party. My take, and I remember the first time I ever heard this, you know how they say the Fed takes away the punch bowl? I really never knew what that really meant when I was 26, 27. And then, guess what? I did because they took the punch bowl away and I'm saying, what happened to him, man? It's true, you know, they take away the punch bowl. Everything that depends on larger monies, folks, okay? Depends on your signature. So if your signature doesn't get as much money in the marketplace, guess what? You can't be as productive. You're not gonna push as much through the marketplace. And then what you have, that's one side. The other side is that folks that have been too extended, okay, that's the whole thing when the tide starts going out who has a bathing suit on and who's naked, okay? And that's all real, man, you know? So it's gonna be a wild one, man. Hey, well, you have a great one. Thank you for taking my call. I have a great one, man. I have a safe one. And listen, folks, it's a tough call. That's the bottom, well, let's put it this way. The way that I look at this is that if I'm wrong, it doesn't matter because you always have to protect yourself and protect everything you have. And if it goes up higher, so what? Okay? If I'm right, the bottom line is that what ends up happening is that you have more opportunities that come. That's, you know, after so many, you know, cycles in the marketplace, you can see, like, when you're a kid, you know, if you're a kid, you could, if you could ever have the brains that way you are when you're 60 or 70, as all the people tell us, oh man, that'd be fricking cool, you know? Because the bottom line is that you can teach everyone what you can teach them. Going through the cycles and then understanding the fundamentals, whole different ball game, folks. Down just as up 333, Nasdaq's up 265, S&P's up 57, stay right there, folks. Come right back. 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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. So, Dow is up 278, Nasdaq's up 234, S&P's are up 49. Couple great questions, let me answer them. One of them was the aspect, okay, so, you know, number one, we're going to highs, that's what I'm thinking, and then why do I think we're going back down? Because what we have here, folks, is this. Watch this, we bring this spy up, you have high-volume highs. High-volume lows, rather, with volume. See them? Low-volume high, low, high-volume lows. And when you get high-volume, so, what happens is this, they love to be tested. And where the confirmation will come, is how we hit this high. That's how the confirmation's going to come in. That is what would tell me what is going on, meaning, am I right in the context of where this whole baby's going? So, it's going to be intriguing, though. There's no doubt about it, man, you know. I don't think we're in an environment, though, that you want to be paying $50 and $60 to $1 of earnings, you know, but it's going to be intriguing, just in general. If we go take a look at the 10-year for a second here, what you're going to see, let me see. I'm going to put this up in generic, because to me, it looks like that we're going lower in a huge way, and this is the bounce, so you can take a look. If we put this, I'm going to put this on, I just put it on a monthly, so you're going to see the break number one, it was a monster break, okay? You know, and this is telling me that we're going to break the 117, you're at 122. If we break the 117, bottom line, we're going to be back to 104, and 104 was that 2007, you know, so this is going to get really intriguing watching how this whole thing shakes out. And I remember, you know, the bottom line, when Greenspan, you know, you know, it was before he brought Rage down because of 98 him and Ruben, the bottom line, they brought Rage down in the middle of the day, it's well, three o'clock in the afternoon, 315 to be exact, they brought him down to half a point, but prior to that, Greenspan went up on Rage's Aquata Point, like eight times in a row, like you just knew that every time, but guess what? Bang, that squeezed the market too, and then that really squeezed the market. Oh, you remember, folks, the back and Cloya hide out the boat, couldn't run you over, and thank God, there's always another trade. Health happens in prosperity, have a great night, have a safe night, come back and visit Tommy tomorrow morning, kicks us off, folks, nine o'clock, don't forget about Discord, come to our trading room, be in our community, man, it's an awesome community, man. Have a great one, folks.