 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento all now toll free at 1-877-927-6648 or internationally at 727-445-1044. Now Larry Pezzavento all right looking good Billy Ray feeling good Lewis we're going to look at this German Dax here this morning. This is a very clear Gartley pattern folks seems to be a lot of strength in here much like we're seeing here in our market this looks like we're going to be going up over the weekend. Maybe we'll have some good news coming out of the G 20 summit that's a coin flip of course but that's what the charts telling us if you'll remember let's go on to do these others before we get into what we did last week. Let's take a look here at the FTSE you see the FTSE is not nearly as bullish as the Dax it's still bullish but not nearly as bullish as the Dax that could be the turmoil that's going on because of Brexit who knows what that could be. The other one that's interesting here is the German Bund we've got what I think is a really big top happening here in this bond market but it's still early but this is what we're looking at here this morning folks remember one of the things that I was watching this week was the fact that we had a really strong probability of the market being down the first the last week of June and we are still 10 handles below where we were last Friday but that you know we haven't closed yet and we're still moving higher so we're down about 100 Dow points so it's a down week so far and the way it's going today it looks like it's going to close on the upside I mean it's still a little early but that that idea that I had was you know we're going to be down all week long and that hasn't happened and so even though the statistic might be positive there's going to be very little profit in that if you're in that trade I would put your stop at break even and which is about 100 points away from where we are now in the Dow Jones industrial average and take a look at that because I don't see anything else do like when you when you don't if you don't know exactly what to do don't do anything so make sure you have your stop in and or get out of the trade one or two I prefer to put the stop in because you know we are still I think in the triple topping formation in the stocks but we could have one more jab up whether that's going to be happy happening or not I don't know what that means Maria very binary over the weekend you got to speak English honey I'm a little old boy from Tarot Indiana I don't understand those big words you know that's got one two three four five six let's go up or down there you go see now I there you go to fellow there explained it to me thank you very much Maria I understand up or down at binary that's gets the old cowboy confused I saw something yesterday folks that I had not seen before that really blew me away and that was a fact that someone showed me Vedic mathematics and I was literally astonished to see how it's done I mean the way that the example oh boy the example that they gave me was multiplying 34 times 11 and the way the Vedic mathematics mathematics to it you take three well two numbers three and four is seven and you put the seven in the middle it comes up to 374 I mean it was done in a matter of seconds I couldn't believe it and it was also done with a very good bill it was done with square roots to and I I never it was really I had never seen it before I'm not going to look into it because it's over my pay grade but it was really really amazing how easy it was compared to what we do I mean it was it was quite a bit different so anyway my father happened to be extremely good with numbers and word puzzles he could do those crossword puzzles the most difficult ones in a matter of minutes he never had any trouble he never went past the fifth grade either so anyway let's move on to something else here that we want to talk about we have a grain report today folks it's going to be a big one rich Anderson will be our guest here at the half hour and what we're going to do is ask him some questions of what he's thinking of what we're looking at I did some videos last night on the soybeans and stuff I did one on corn the night before but there's some buying opportunities in here if we get a negative report in my opinion because it's not going to be able to have a bumper crop in corn this year because some of it's still not planted it's it's just really a difficult situation okay okay he's a no yes Steve my my my father was an avid reader yes he was he and he could read and he could speak three four languages so but that's pretty much it he used to do the cow well I don't want to hear my background let's move on here to something else here that we want to watch the Russell had been the weakest and now it's turned around and become the strongest so that's the main thing now the other thing that we've been watching all week long has been the notes in the bonds and we are still up at the same area we've been here now for three weeks folks and again what you're looking at here is that you're looking at a situation where we're having dropping in open interest now we haven't had any drops yesterday but there was an increase was on a 3.6 million open interest the open interest increased by 6,000 so that 8,000 that was really not very much so that's it I don't know if you folks can hear me or not Marshall says oh it's back okay good Marshall good to have you back so all right let's move on to the to the next one the US dollar is still under some pressure here the euro is still rallying we're up near that when we're approaching that 114 level if we can close above the 115 level in the euro that's going to be a very very important spot folks here's here's the chart on this you'll be able to see why this is the one from fact as you can see it's gone virtually nowhere this week we're trading tiny bit higher we're trading 15 pips higher than we were last Friday so nothing's really happening so this is nothing more than an inside week in the euro so it's really quite you know quite passive I guess if that is that a good word Maria passive I don't know sounds pretty good anyway but it's quiet no matter what so that's what we'll keep a keep an eye on this to see what's what's going on with it okay let's move on to another one that I wanted to talk about oh someone's asking a question about the Apple and the gentleman that is the chief designer I don't know anything about it I have no idea what that fundamental is it'll be it'll be reflected in the Apple stock if Apple is down they don't like the guy to leave and I don't know I don't know anything about that stuff we've we already looked at the Apple several times folks it doesn't look it certainly does not look very bearish you know we've we've looked at it three or four different ways and I'll just bring it up here to see it because I follow those fang stocks because they do have a very interesting you know patterns as you go through and Google is the least least bullish of all the fang stocks but if we take a look here at Apple you can see here we've been up at this $199 level I just saw a trade here across the screen here on the TV at $199 change and that's the 61% retracement again so that's really not done very much and we'll be able to see if it's going to to proceed that's it so we'll see whether that's going to be someone's okay let's move on to yeah 877-927-6648 the Taz profile scanner is the most revolutionary piece of trading software that you will ever try wouldn't you like to approach the markets with confidence as you begin your trading day it's likely that you'll be faced with lots of decisions in order to make the best decision the first thing you'll need is a strategy that will help you minimize your risks whether we're in a bull or bear market a good strategy is to have the tools needed to help you 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TFN.com URL but when you do you'll see a new and improved homepage with a much simpler navigation whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions we even have new pricing in six months and yearly options check out the new TFN.com now and experience all the upgrades TFN.com educating investors call now toll free at 1-877-927-6648 internationally at 727-873-7618 Alright folks I'm gonna switch gears here a little bit and talk about the gold market we made that top up there around 1441 back on the 24th that was Sunday night we then broke down you know $34 down to the 1401 level we rallied up last night to the 61% retracement there at 1428 to the tick it was a spot on exactly 61% retracement now we backed off to 1414 where we're trading right now that looks like folks that were making an ABCD structure here in the gold we haven't had one in 10 days so we're due for one and if we take that and measure it it's going to come down to that really nice area down about another $45 at 1377 so keep a very very close eye on that that might be something that would be you know really interesting to look at silver still acting poorly it you know look like it had a chance but it just doesn't want to move yet so I believe we've got one more correction coming here in the gold and then we're going to really see you know what it's got because if we get below 1350 there's trouble in River City in gold because that number that we had up there at that 1442 you know we talked about that earlier in the week when we had that that really cool chart from the across the pond over on the gold market with the WD again and let's just get it up here so we can take a quick look at it you'll see here this is nothing more going back to the weekly chart and you can see the ABCD structure we went right up there you can see that high 1439 31 that was spot gold the August got to 1441 one second please okay folks and there was another ABCD if you look at the time between October of last year and the April that's also in there we didn't mark that up because it was too easy to or too messy and I didn't want to do that but there's a possibility that that that could be a major top here in the gold market and when you add to the fact that platinum looks a dog on bad and silver looks even worse that well nothing looks worse than platinum but silver looks bad also this could be a major top up here in the in this metal I don't know yet you know I I got part of the move I got about $70 of it but I left $70 on the table which is one of those fears I don't have that fear missing out folks I just move on to the next trade and you know try to not to not worry about it and I you know those fears that we like the one fear of being wrong oh my gosh you're wrong so much in this business you know you just do it and what else you can do you know it's really amazing to see you know how these things actually work it's just really truly amazing to watch it unfold today with this grain report we posted the charts on these commodities several times I think the key one that everybody's watching of course is the Christmas corn and I think we'll bring that up to let you folks take a look at it this would be the worst case scenario in corn but this would be almost down the limit if it were coming in that hold up here will be able to see get this up here so we can take a look at it I'm looking for around 1446 to 1440 the 382 comes in at 432 that would be down 20 that would be down just about the limit I think it's a 30 cent limit in corn and there's a possibility that that could happen but the way this thing is looking folks I I don't know and I you know look at the hog look what they did to the hogs you know you know that's it oh Ruby's asking when do you lose those fears you know Ruby it's it's a matter of you really you have to you have to approach the market with a carefree state of mind you really do you just literally don't care and you always you know when you go into a trade you should just figure that you're going to lose and the reason that that's not not that you're not thinking positive but the reason for that is that you are already accepted the loss so what happens you're not you don't have any expectations look at look what happened to me this week I mean I saw absolute beautiful trade set up they're supposed to go down this week looked really good on Monday and Tuesday Wednesday and Thursday the market came back and those expectations they they they drag on you they really do so if you if you really go through it then that's what you're looking at who humility is definitely in there TB you flat got that right but no just to just take the expectation that you're going to lose and then move on because you have to focus on your on your losses profits will take care of themselves they really will and that's the key to looking at these things so you know when you when you bought the gold down there at 1276 and it rallied up to 1340 it looked great and then what did I do I missed the last well there's $100 I missed it wasn't $70 so that happens but that's nearly what I did I worked here in this office with Mark Douglas for three years as he was writing the book trading in the zone and we will see folks I am going to have to take a break here Ari Pezzavento has just started his brand new service Fibonacci 24-7 and he's already delivering content to his subscribers on a daily basis when the markets opened and even on weekends each Monday you'll receive Larry's written report that provides detailed commentary and a summary on the charts and videos that Larry sends out and throughout the week when warranted Larry will send out via charts or videos or both the key markets that he is watching during the day this will be up to the date active trading information that will help you in your daily trading in Larry's first week alone he sent out 25 charts six videos and a full report to his subscribers in 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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 seventy nine dollars 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 All right we're back folks and I believe we have Rich Anderson on the line Rich are you there Hi Rich listen Rich we've got this crop report today you want to tell the folks when it comes out and what's it all about and what they're expecting sure well it's in a template it comes out at noon eastern time eleven o'clock central time it's gonna have the acres for corn and beans is the big numbers and then we'll have the stock the stock numbers won't have very very much from the last report the acres numbers you know they'll maybe be unchanged slightly up on beans and and down two to three million acres excuse me two to three million acres on on corn the people will take these numbers and look at them for a second or two and then they'll be focused on you know on the trade dispute and stuff like that because these were done with surveys that's a few and first and there was so much rain after that that the numbers aren't very accurate the first accurate numbers will have on the acreage will probably be in august so even if they bring it down to five to six million acres the traders will generally expect they'll be eight million acres and so then we're going to be focused on what's the weather for the next 10 to 15 days that most important thing is does the market close higher or lower tonight after this report just like last night we had a negative hog pick crop report shown a lot more hogs than what the traders had expected we had one of those last year in February a negative hog report and the market went straight up from there so it I try not to get too tied up in the numbers I want to see how does the market react because that's that's the two facts you know are the traders willing to put their money on the table and take it one way or the other after the report after the numbers are out but in the first five minutes you've got the national numbers then you got the world numbers and that's why you see things pop one way and then pop the other yeah trade what you see not what you hear that's for sure what's rich what's I don't it looks like we're scheduled for a commercial right now but I don't hear anything so rich what are you seeing about the hogs they've had a you know a big drop and now they look like they're holding it do you think that this this negative report will be the thing that turns the market well you know the year going February it was a negative report and that's what turned the market so we're down here this morning we're down 60 70 points on the tunes of June 20 hogs the october's are 70 67 they're down about a buck you know the July hogs at 72 75 are down about a buck a little over a buck this this could easily be it I mean the conditions exist for a change in trends you've had a market's gone straight down and now you have negative news if the market all of a sudden find some support some buyers and manages to close higher today the lows are likely in I mean we had a low two days ago in the June in the in the July hogs at 72 50 in today's low at 72 65 well you know with negative with negative news it should easily be able to make a low but keep in mind this is on a break from 102 and change three or four months ago so it as various as the report is which is 104 percent of a year ago and without export business you know pressure on the market the export business changes the dynamics and that's what caused that rally we've retraced all that rally that the Asian swine flu gave us but the Asian swine flu is a real deal there was liquidation in China they're gonna need protein from somebody if they don't buy it from us then the people that they that buy it from to replace the excess that they sell will have to buy it from us so you know one way or another it'll get shipped or trans shipped it's whether it's going directly or indirectly it should lift all votes in the world market for proteins particularly for pork I was listening to Bloomberg earlier this morning about this G20 meeting and they're talking about the grains and their farmers and all this stuff and what is this what's the situation as far as this money that comes in from the tariffs where does that go rich well it goes into the you know the money that goes its taxes you know tariffs are to are basically taxes like goes into the general funds and then gets paid out in the budget so it goes to the general funds of the other government and then the government like the most recently they classed a bill supporting a disaster relief bill and part of that disaster relief bill has to do with agriculture and so part of it will go back into the ag economy some of it's going to go into the economy didn't know where they suffered hurricane damage in the last year but it did goes into the general funds and then Congress they owned it they're the allocators of the funds decide where it's to be spent but believe me they have no problem figuring out where to spend money they're really good at that rich you're a farmer is this affecting you well yeah well the prices are up soybeans you know the anticipation had been that that we would be able to sell a decent amount of beans to China and now with the trade dispute going on China's and buy in soybeans from us they're buying it from South America and South America once they get sold out then the world has to come to us eventually I mean eventually you know they come to us but yeah it is affecting the price of beans the price of corn it was not affected a because they don't buy very much corn from us and B because of the weather and and the amount of acres that got planted so corn prices have gone dramatically higher and while we have some decent weather growing weather coming on people are going to be focused on the GDU is growing degree degree growing degree units heat units for the weather and if we after that you know we got a long weekend coming up with a fourth of July and and after that weekend if there's another negative weather report you know you could that could be the thing that pushes the corn into the next lake higher which you know I'm friendly too but you still have to trade what you see and the best example of that is the hogs because we know that China had a problem with the hogs we know how many hogs they've liquidated which is more than the whole hog population in the United States it's a huge amount and the market's gone you know straight back down and retest the lowest but that's why I think there's opportunity here today where we to close under 70 to 50 I would say hey that must have been a really very short report and it's not already in the market but failing to take that out and holding here today I think there's a highly probable rally in the offering just in short covering alone and not to mention if they were able to get something together which I sincerely doubt that the president or G has the wiggle room to negotiate because they have to please their bases and you know while it's a political voting base for Trump it's a polar girl for G and he has a lot of rivals that would just assume that they were going to be the next premier not him so he has to tow the line if he were to lose face or look too weak it would be a very negative situation Rich is there a possibility that we've seen the top in corn and beans and wait for the year if we had if we had perfect growing condition that could be a possibility and on beans I do not believe that to be the case on corn because as I said you know the numbers for this report today are as of June 1 and we had you know 10 days almost two weeks of heavy rain and stuff that really inhibited planning my own farm in South Dakota our percentage is 15 percent 20 percent it just was one of it was one yeah but that's that's way you know but even five or 10 percent you go state by state I went through the state by state with a friend of mine yesterday and the only reason he had the data is because he participated in the survey it was now granted was the survey of only about 10 percent of the acreage but it was a real life survey which is the number kind of numbers will get in August well it was almost a 10 percent cut and 10 percent of 90 million acres to be nine million acres today's reduction will probably be five and a half to six million acres and you know if you add another couple million acres it becomes a big deal and the corn the main halfway back is five seventy two and a half I suspect we'll get something well over five dollars and probably in the five fifties anyway because you have a certain amount of feed demand you've got 104 percent of hogs you have more hogs ultra stays the same but you got a commercial here we'll come back in a second I'll be here yes stay with us someone's asking the question about options we'll be right back folks with rich Anderson of Anderson capital management if you're in the CD market and looking for a secure investment the Tiger first mortgage program may work for you the security for these first mortgage is a building lots in the tax opportunity zone in st. Petersburg Florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 the interest paid is 7% yearly paid on a monthly basis according to bank rate calm the best rate for a four-year CD in the country as of February 20th is 3.1% of $50,000 investment at a normal four-year CD rate of 3.1% would give you income of 1550 per year or 6200 over the four year period that same $50,000 investment in the Tiger first mortgage program would give you 3500 per year or 14,000 over the four years what do you prefer 6200 of 14,000 of interest on your investment if you'd like more information about the Tiger first mortgage program you can call me at 877-518-9190 that's 877-518-9190 it's amazing to think that Tom O'Brien started his weekly gold report 17 years ago with the first issue published April 7th 2002 when gold was trading at under $300 per ounce gold peaked at more than $1,900 in 2011 and after spending many years consolidating at lower prices gold may be poised for its next big run Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the dollar bonds South African Rand as well as 25 different mining equities with specific buy-sell recommendations as of April 1st of this year the gold report currently has eight active positions with an average unrealized profit of almost 8% for each open trade new subscribers get a 30-day money back guarantee so you have nothing to risk for all the details and to start your gold report subscription today visit the front page of TFNN.com don't let gold's next big run pass you by sign up today will the S&P 500 continue to climb for bold trades on US large cap stocks in either direction trade SPXL, SPUU or SPXS directions daily S&P 500 bull and bear leveraged ETFs direction leveraged ETFs an investor should carefully consider a funds investment objective risks charges and expenses before investing a funds prospectus and summary prospectus contain this and other information about direction shares to obtain a funds prospectus and summary prospectus call 866-476-7523 or visit direction investments.com a funds prospectus and summary prospectus 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 foresight fund services LLC the bull bear binary option hour next on TFNN okay we're back folks we're chatting with Rich Anderson of Anderson Capital Management about the crop report today Rich we have a question from one of our listeners and that is about the situation from the option market would it be a good strategy to buy a call option into this report do you have a feeling on that well that would definitely be one way to do it but they premed the volatility premium implied volatility always goes up just prior to report and as soon as the report comes out the implied volatility will start to drift lower it'll drift two to three percent lower the next day if them if you're right the market goes your way it'll it'll still make sense the the ones that I would be looking at if I was looking at options I'd be I'd be looking at the short dated options which are options on the December futures that are you know if you buy an option today for the for the September well the real action is in the December and so they have what's called short dated options and those would be the ones I would buy but I mean that'd be a limited that'd be a way to establish a position with limited risk you could certainly do that but you'd you know you'd want it well limit the amount of money you're spending the August which only has 28 days expiration you know say a 460 cost you 12 cents they would expire on July 26th the September so if you go out to September that's got 56 days expires on August 23rd the 4 the 450s are the most popular options the 460s the 470s are pretty popular out in September the five dollars are going for eight and a half cents I mean but it's going to move more than 10% just to be in the money they will you know they will go up but let's let's say I'm right they go to 550 you know you're going to make some decent money but with options it's all about how quickly does it move and what is the amplitude of the move I believe that for the next week or so it's not going to move that much you know once the report's out it's going to wait for the weather okay and then wait for the August report the other part of that question is do you see that there's a big risk here being long-horned into this report there's a there's a gap down to 420 that 38% retracement would I I think would be an ideal entry point I tend to not trade in front of reports because I don't want to try and out guess what the USDA is going to do you know that's a good idea unpredictable that's why I tend to not do it that that way okay rich I have one other question this is this question is for me you and I have known each other just not quite four to 50 years but I've never seen anything as crazy as this Canon father that they're feeding us about zero interest rates I know it's in other countries and you know but I don't understand it why anybody would pay someone you know to hold your money I mean does that make any economic sense to you do you believe it or am I wrong or what do you what's your feeling here well the last time I was on you know I emphasize that's 11 trillion dollars of negative interest rates in the world which you know is beyond belief and I said that you would see you know a small percentage of that why would I give the money for negative interest rates I'll put it into gold you know because the knock against gold is what it costs to carry well if I'm getting three percent on my money that's three percent I'm not getting it from my goal but if I'm getting less than I give a negative interest rate then gold's a pretty good deal and you know the quarterly reallocation of assets by these huge money managers that are managing billions of dollars a four or five percent shift into gold is a lot and that's why you've seen the biggest move in gold since 2016 in the month of june and I believe that that asset allocation will continue as you know I mean that's the way the big money managers work every quarter they're analyzing where should we reallocate our money for the next quarter that's I mean 11 trillion let's say it's only five percent of 11 trillion that's that's still a huge chunk of money to go into gold and on top of that you've got the central bank fine and you know you've got international tensions whether it be in the Iran the china trade you know people aren't necessarily that convinced us that the dollar is safe because at some point our budget deficit is going to become a concern now when that becomes a market factor and a concern the dollar will get measurably weaker but right now because of the negative interest rates has been able to maintain you know that that part I can that part I can certainly understand but the negative part is but you know when you see what happened yesterday with this I don't want to get into the politics but boy that really shocked me listening to that last night I can only listen to about 10 or 15 minutes but my goodness the things they were talking about my gosh that's like Venezuela I mean it's not not good you can't give everything away someone's got to pay for this stuff you know and I suspect there'll be enough people realizing that there's no such thing as a free lunch and somebody will be paying for it you know the the people they'll be paying for are the ones that are you know went to technical college or or have skills and actually do things and didn't develop a big debt or they've already paid off their debt I don't think that's a a message that will fly for very long I mean you've already seen that they backed off on nationalizing healthcare you know all of a sudden you run out of other people's money and that's that that's exactly what you're talking you run out of other people's money it's great while you're giving away other people's money but eventually you run out of that yeah Rich you have a question regarding the coming harvest what would happen now if we get a early freeze or you know there's a lot of things can happen during the growing season but with the crops going in late the ones that are in doesn't that make them more susceptible to an early freeze oh absolutely I mean it's it frankly the crops going in as late as they did makes us susceptible to just a regular freeze the normal freeze I mean the benchmark date is usually May 15th May 20th that's the latest where you want the bulk of your corn in let's say 80 percent you know this year if you look back to those dates we had way behind and so while the peak of risk for corn is typically the middle of June that's where the average daily moisture need is the highest because it got planted so late that middle of middle of July excuse me that middle of July might have been pushed out towards the end of July so while we've got some decent weather forecast now let's say we come back from the fourth of July and all of a sudden we've got a high pressure ridge and we've got heat beaten down on us I mean near Minnesota today we're going to have some you know fairly significant temperatures today and for the next several days then there'll probably be a cool off but then if the next one comes in when the corn is vulnerable in the pollination period which is likely to be after the first half of July this year because it's been planted late this is a historically this is a historically unusual year it could be a disaster rich thanks for joining us my friend we really appreciate it and hope you're feeling better after your cataract surgery buddy yeah there's no problem see you later you bet thanks again rich anderson of anderson capital management i'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers to share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets i'm steve rhodes author of mastering probability and for the last 12 months timer digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the s&p 500 for the last 12 six and three months timer digest also ranks me as the number one market timer for gold as well the fact is markets can be timed and i'll teach you the exact set of tools that i use that has transformed me into one of the best in what i do sign 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newsletters button near the top of the page tfnn.com educating investors since 1984 basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion while originally hand drawing charts from the late 1970s into the 1980s basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply later basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy and calling price turns as well as market trend calls thus was born the Chapman wave sequence using the Chapman wave methodology along with other indicators basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a two week free trial to the opening call basil's daily trading newsletter by visiting the front page of tfnn.com cancel it anytime during that trial and pay absolutely nothing get your two week free trial to basil's newsletter the opening call 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 okay folks we're back stocks have sold off a tiny little bit to still up on the day but not much happening here early in the morning like we mentioned at the beginning of the week it does have a negative bias but after the first two down days which were minor we've had two strong days Wednesday and Thursday and with a Friday and an up week it's probably not going to be headed towards the sewer unless there's something coming out of the g20 and of course there will be news coming out of that over and over again as we go through the weekend and that'll be reflected on what we see on Monday remember folks we have a holiday coming up the 4th of July is going to be on Thursday so that Thursday and Friday will be Thursday will be nothing and Friday will be almost next to nothing because many of the people take that four-day weekend so that'll be a limited week so we're really only going to have three days next week and there's probably going to be extremely volatile so we want to watch this you know very very carefully because all we're seeing now is a bounce back in these stocks and after that triple top that we've looked at none of the none the statistics have changed since when we looked at them over the weekend we're actually we're trading now 14 hand or 29 34 that's 15 handles lower than we were last Friday and Sunday night we opened you know basically unchanged up about a point rallied up a little bit and then was down hard Monday and then Tuesday down a little bit and Wednesday Thursday we rallied so that's still in vogue now whether that's going to continue or not I don't know folks I have no idea what's happening with these talks and stuff but I'm the last person that they would share any that information with and that's with tongue and cheek of course the last time I was in New Zealand which was five years ago they had a big g20 meeting there and our plane was getting ready to leave and we were right there with all of the planes from all of the all of the countries it was really amazing to see them you saw Germany and it was it was well there were all of them were there all the big planes Japan you know it was just it was really France it was just really cool and course air force one but it was it was really neat to see all that that was in Wellington New Zealand oh my gosh five years ago I guess anyway let's uh see you guys Monday okay may god bless