 This is 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 Alan Homassasa. Hey, Al, what's going on? Isn't it wonderful, this gentleman here with the goldie fort right before the market fell apart ended up with T-A-A-S. We have a 98% gain in the year. And, I mean, we want 99% proof like Irish whiskey, but we have good gain there. You always told us to do what we feel comfortable with. And if I lose a little bit of money on the table, I will, but I know that I just pocketed $8,000 or $9,000 for two weeks. That's a beautiful thing, man. Now, Tom O'Brien. 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, grow so that everyone's having a great day, safe day. It's making a great week, folks. Don't make assumptions. Ask for what you want. Find the courage to ask for what you want. Others have the right to tell you yes and no, but you always have the right to ask. Likewise, everyone has the right to ask you for what they want and you have the right to say yes or no. Likewise, let's take a look at it out here. We have the Dow Industries up 223. Nasdaq's up 139. S&P's up 122. Gold. Gold contract up $8.20 straight at 17.36 an ounce. You got silver up a dollar in penny at 1978. Lightsweak crude up a buck, $87.74 a barrel, notes and bonds. Ten-year note, down four ticks straight in 115, 19, a 30-year up, down 20, at 132.27, and king dollar. King dollar's down 692 ticks straight in 108, 311. The euro's at 101. The yen is out here at 145. 142 rather than the British pound is at 115 to one US dollar. Our phone number's 877-927-6648. Give us a call, folks. Want to know what's going on in y'all world. Right now, we're gonna go over to our man, Mr. Dave Mazda. Dave is the head of product and the managing director at Direction because the bottom line is that they got a lot of good new news out here and Dave's been staying busy. Dave Mazda, welcome back to TFNN. Hey, happy to be back with you. Well, let's talk about, I mean, I have these up. You know, we got the single stock futures now. We, I mean, equities, we got Apple. We got Google. We got Microsoft and we got Tesla, right? Yeah, and Amazon as well. And Amazon, how did I miss that? Where? Oh, yeah, exactly, on Amazon. Wow, okay. So you get the kings of the NDX100, that's for sure, right? So- Yeah, exactly. Exactly, top five stocks. Exactly. So can you walk us through, let's take Amazon, okay? Because so you can walk us through exactly how this works. I'm reading, you know, on the bear side, it's one times and on the bull side it's 1.5. And that's how they all work, Dave, right? Is that correct? Yeah, that's correct. So there's five stocks with 10 ETFs. So to your point, the bull fund is one and a half times the exposure on a daily basis. The bear fund is that one times exposure on a daily basis. So they're structured in an extremely similar way to our index based ETFs like SPXL, SPXS for the S&P 500. But in this case, the underlying exposure, what's being amplified is a single security and we decided as we were talking about a moment ago to first bring them out for the five largest, most liquid securities in the NASDAQ and the S&P 500 and even in the world to give traders, you know, the opportunity to express their views on a short-term basis at the single security levels. I see, okay, cool man. So, and this gets intriguing too because the aspect is there's plenty of folks that no doubt don't trade options, absolutely don't trade futures. So this is a nice way that you can get some leverage because there's plenty of folks that trade a lot of equities but just have not got into a leveraged product, so to say, do you know what I mean? So, and in these also, Dave, right? I just want to reiterate for all the listeners, these are daily investment vehicles. Well, particularly the 150, yeah. So how does the one to one actually wouldn't have to be, huh? So you really got to think about these to your point as daily investment vehicles because we are offering that exposure on a daily basis. However, I think there's different use cases for the bull fund versus the bear fund and they may even be different use cases than what we see with, you know, the SPXL and the SPXS, for example. So specifically that one and a half times on a daily basis, that's really, if you want to express a viewpoint on a short-term basis that Tesla, Amazon, Apple, would have you, it's going to be up that day and you can monitor that position. This could be a great tool for you as opposed to going out trying to structure an options trade. You can own it for more than a day, but you have to make that decision that day. This is not a set and then forget it. I want to be explicitly clear about that over the long term because they're not going to match perfectly, right? And in any way, shape or form, like any leveraged university ETFs. On the bear side though, at the inverse 1x, you're not going to have the negative compounding that can come into play with higher leverage points. However, you still need to be able to monitor it on a frequent basis. What we're seeing there is a lot of folks have long-term capital gains in Tesla, long-term capital gains in Apple, that you're concerned and Apple's ripping up over 4% today, so you might not want to be hedging it, but people are concerned, hey, is this iPhone 14 going to be anything good? People are going to want it and have a better camera would have you? Maybe you don't want to sell that and you want it to hedge that position over a handful of days, AAPD can do that. So kind of two different ways of thinking about these compared to traditional leveraged university ETFs. You know, so folks, what Dave just went through, this is really cool now because that, yeah, because it'll be very easy also, like the folks know I have a Bloomberg, so in two seconds I can hit a couple of buttons as you can, it'll tell us how to do it, right? What's so cool here, Dave, right? I get it, man. So because the bottom line is that you can turn, let me ask you this, is it a one-for-one, like if I had 500 Apple shares, right, and then I would 500 Bear shares, would that be a one-for-one? What it would? Well, you'd have to look at the price, right? Apple's, I think, 161 today, you know, the AAPU, AAPD, somewhere around 25, I don't have my screen out in front of me. But yes, you could structure that, again, with, you don't need calculus on this one, pretty simple math. No, exactly. I think that's your point. Right, it is. To get that one-to-one. Right, which is really... But you gotta know the prices. No, totally, and then folks, what does happen, that means you're dealt a neutral, and then that's another decision you make, say, listen, you know, a big announcement's coming up, I'm not gonna make money or lose money, and that's what's really cool about that, folks, is that it's the announcements that, you know, yeah, sometimes they can help you tremendously, but a lot of times they can hurt you tremendously too. That's, yeah, that's, I can see, there's gonna be, there's a need for that, man. That is a good setup. Wow. Yeah, and the other, if I can note one thing as well, is that, you know, and we're seeing a lot of interest in TSLL, which is our full one and a half times daily Tesla fund. Right. Also to some extent, TSLS, and the reason why that's the case is we're in an environment where volatility remains high. Yes. There's a lot of questions about what the Fed's gonna do, inflation, China, Ukraine, the list goes on. Tesla has been volatile forever. People are gravitating towards, because even in times of volatility, you can make money if you're trading. Oh, yeah. And if you're active. No, no doubt. Well, listen, Dave, we really appreciate the update. We missed it, we had the holiday, I know, I appreciate you coming back and look forward to speaking to you two weeks from today. Talk soon. Thanks so much. Have a great one, have a safe one. Congratulations, man. You're working hard. I love it. Thank you. Thanks. Have a great one. Stay right there, folks. We'll come right back. In a time of booming inflation, the purchasing powers eroded, there's no better place to protect your harder and money than in gold. This, the gold's flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tier one mining district. This is a large scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd feasibility study, which resulted in a 7 million ounce gold reserve in a 16-year mine life. All of this, combined with the approvals of all major operational, as well as environmental permits. This distinguishes Monk Todd as an attractive, devious partner, ready development stage gold project. Mystical trades on the New York Stock Exchange and the symbol VGZ. 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 at 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. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know, and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today, at TFNN.com, educating investors. Toll free at 1-877-927-6648. Internationally at 727-873-7618. Welcome back, folks, Dow. Dow finished, no, Dow's trading up 206, you get the Mazda Cup 127, S&Ps are up by 39, and you know, all you Tigers and Tigers is out there, we get some really sad news, and our channel king, Bud Rolfs, passed away on 9-11. You know, the bottom line is that he's been sick for a while. I talked to him when he was going into hospice, he called me, that was pretty quick though, man. I think that was only three weeks ago. Anyway, please send a lot of white light, a lot of prayers up to his family, his grandkids, he was just an amazing person, and I'm sure I'm gonna hunt some of these poems, because if you're listening when Bob was on, he was, you know, just, you know, you're talking about a West Point graduate, talking about a technician that's amazing, and his poems that were just over the top, so please say a lot of prayers for his family, and when I find out where the funeral's gonna be, I'll make sure you know, because there's plenty of folks in Tigers and Tigers that's up in Nashua, because I met Bud when we had the radio station in Nashua, and I remember the first time I met him, he brought me into his house, and we had meatballs and spaghetti. It was so cool, it was amazing, it was pretty wild. Let's go to Ray in Sarasota. Hey Ray, what's going on? Well, first off, let me just say I'm familiar with Bud, and I'm sorry to hear that he passed. I know the Warpath, Bud had the Warpath folks. It was an amazing, it was a great newsletter, yeah, big time. Thank you very much, Ray, appreciate it. I got questions for you about Humana Gold, and I called in in June, and I had sold some call options against my position, they were July calls, and this was right after GFI announced that they were gonna take over Humana, and you and I spoke on the phone, and you said not to sell any more options going out further, and I haven't thus far, I've been waiting for the finalization of GFI taking over Humana. All right. I don't have any specific information as to when that might occur, do you have any idea? No, because what's going on is that it seems like they're having, let me just look at, you know, they were having a hard time with the aspect of the, I believe the Humana shareholders, you know, basically going for the deal. And let's see here, so we got, this was the 25th. You have field goals, let's see what this says. That's, yeah, this is the 25th. Goal fields in Humana campaign to sell the $6.7 billion takeover plan to shareholders. Humana shareholders still have to vote on this, and they think GFI, I mean, the things that you read, it's like, okay, they don't have as much support on the shareholder base as they do on the executive level. So the two executive levels get together, says, yeah, we want to do it. Well, they should have had more shareholders, you know, basically online, you know, that they, you know, so the market is worried, yeah, well, the market's worried about it, that that's like, okay, is it going to go or not, you know? Yeah. The problem was, well actually, hold it, now, you're selling options though, but you, they're cash secured, you own the equity, right? Right, I'm selling covered calls. Yeah, so, I mean, I guess you can sell covered calls, I mean, you got the equity, if you have to give it up, you give it up, right? Yep, my average cost is around five, and I was thinking about the January $6 calls if I could get 20 cents a piece. Yeah, so January. That'd be 4% on the cash cost basis. Yeah, January, January fives, okay. No, sixes. Sixes, okay. They're going for about 18 cents. Yeah, no, I see it, yeah, okay, right. Yeah, and they have to pay you six bucks. Yeah, I can see that, I can see that, yeah. Right now, Yamada seems to be trading at about a 8% discount to what the takeover price was. Right. When we spoke back in July, it was about a 3% discount, it widened to about 14 or 15% at one point, now it's coming back to where it's only about an 8% discount, but to me, if I can pick up something on the call options and if they don't take my shares away, then I gotta try to figure out whether or not I want to own GFI, and then there's currency issues and what happens with a strong dollar versus the RAND. Yeah, well, what has happened is GFI, even though that I still, basically a headquartered in Zimbabwe, right? Of many of their equities, I mean, their mines are actually outside of South Africa now. Do you know what I mean? They got six operating mines in Australia, Ghana, Peru, they still have South Africa, but they've basically got out of a lot of mines in South Africa, so their number, I believe, won't be really predicated on the RAND. Now, if it was only predicated, it's really hard to figure out at this point because normally when the RAND gets this week, we're at 17, that the South Africans should be in good shape, but if you look at Harmony, Harmony is like sick, you know, it finally came off the low, but I mean Harmony in the last two weeks went from 335, hit a low on Thursday of 216, it's a 236, so, you know. But my point is, is that GFI really isn't a solid South African company anymore. They've been pushing assets out for now about nine years. Yeah, my original thought was once GFI took over Yamana, I was looking to exit, just close my position assuming I'd be in the money at that point. No, I think that's a good idea. I mean, normally what would happen in a deal like this, folks, is that, and it didn't happen here, normally you'd have one of them pop, and when that happens, I normally move it out right down in there. I don't wait for the extra two bucks. So, you know what I'm saying? Because it's like, if something happens, and that didn't happen here, there's no doubt. You know, and that's, listen, the gold market's been in tough shape, man. That's the other side of it, you know that. I mean, you're in the market, so you know that. You know, Vista, I mean, yeah, Vista Gold came out this morning, it's amazing, it's still up a penny. It came out this morning and said that the environment that we're in right now, you know, they had hired, you know, the Canadian banks, CBC, and they ought to basically find them a partner, and they said, you know, there was interest, but because of the way the market's out right now, that interest is not like what they want. So, yeah. I got one other stock that you might find interesting if you've got the time. Yes. V-E-R-U. V-E-R-U. V as in Victor. Oh, okay. V as in Edward R.U. And what I've done is I've been buying it between $12 and $15 a share, and then I've been selling calls against my position. Yeah, stay right there. We'll go over this as soon as you come back. iPhone number's 877-927-6648. Dow, Dow Industries right now, frustrating up 178 NASDAQ is up 134, S&Ps are up 37, we'll come right back. To see for yourself the types of profitable trades that are recommended within the Goal Report, sign up now by visiting TFNN.com. Don't miss out on the next great bold trade. Sign up today. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis, and it's not just dry tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 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. TFNN is excited about our new software charting program, the Art of Timing the Trade chart. 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 art lease, ABCs, 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. We're talking about Ray from Sarasota. We're gonna be talking about V-E-R-U. So tell me about this company, because when I look at this company, Ray, right? It's, you can see it says in the front, right? Is a revenue-generating oncology and urology biopharmo company developed in medicines for prostate cancer treatment and prostate cancer supportive care, as well as urology, especially pharmaceuticals. But then when I get down for the real description, it's talking about, it doesn't talk about that. So tell me what these guys are doing. The big news is that they just finished a phase three test and they have a pill that they give to hospitalized COVID patients that's reduced the mortality rate by 50%. Okay. And they're gonna have a meeting with the FDA in early October. And as an example, I've been buying shares and then turning right around and selling call options against possession. So as an example, this morning, I bought 100 shares at $15 a share. Actually, I bought more than 100. Okay. And I sold calls for October, the third week in October expiration, I got $5.70 for them. Yeah. I'm hoping they take my shares away from me. But even if they don't, if you look at the chart, I mean, it's got quite an interesting trading pattern for the last six months. But I think this thing is gonna go higher. But I don't wanna be greedy, bulls and bears can make money and you know what happens to pigs. Yeah. Well, listen. But what I set up this morning, it's like about a 37 or 38% return in less than two months. All right. Now, let me ask you something. Are you in the Tigers then and the discord room? I did sign up for the new promotion. The new promotion, the dollar thing. Yeah. And I've spent a little bit of time over there, but not too much. The reason I'm asking, right? Now folks, this is, in fact, you know folks, we started a promotion today, right? So check it out. This Tigers room was only a dollar for the year. Okay. And we do that just so we don't get spammed out. That's the bottom line, okay? And so you can go over here. So we started a promotion today about if you, we haven't, you haven't till Wednesday to tell us the S&P price, SPX price on Friday. Yeah, one deal. We're gonna give a tiger coffee cups. So that's cool of itself. But what you're doing there, you should kind of come in here because we have a couple Tigers. That's all they do is what you're doing. And they have all these biotechs. So what happens here, like, if you were just listening to this conversation folks, I can imagine you're saying, well, how do you get a $15 stock and you're getting $5, okay, for a call that is $2 higher? So they're talking $7 on a 50, you know. But what it is, is that the folks that are into biotechs, and this is so applicable, Ray, I'm so psyched to call because, you know, that Bud Rolves, the reason that Bud Rolves, that when he ever came to TFNN was that, remember, like, what happened folks in the 90s, right? The Yahoo boards and the, what was the other name of that board? Anyway, Bud Rolves was the biotech king on all those boards, in a monster way, not in a small way. But that's what they're, you know, inside the Discord room, our Tigers room, there's a lot of people doing exactly what you do with all these biotechs. We got a biotech guy in there, Dan that knows just about it. I mean, he has so many biotechs, it's insane, you know? So just keep that in mind. But yeah, that's a great trade, man. That's the bottom line. And what it is, folks, is this. Now, just so we can understand what he's doing, he owns the stock and he sell on the call on the own stock. That's a whole different ball game because what he's also done, because these stocks, this stock could go from $15 to $7 tomorrow morning. But guess what? If it goes from $15 to $7 tomorrow morning, Ray is still only down two bucks. No, no, no, I will be at $9 and 30 cents. Right, cool. Basically, so I've got protection on the downside, but I'm optimistic on the upside, the way it's been trading and the patterns that I see. Now here, here, I'll give you another one right now because they're all talking about you're in here. This is awesome. So let's pull this up. KOLD, one second, KOLD. So this saying, I do that all the time with KOLD. So KOLD, well, let's just approach here. Okay, I see that, okay. And then another tag is telling me we can get right now, let's see, you can sell a $10 strike, October 14th and fetch two bucks. You can sell a $10 strike. Well, you don't wanna sell a $10 strike. Oh, put sales, I see what they're saying. So they're selling puts against the two. I see what's going on. Yeah, all right, and then another one, they trade this one a lot of Savva, S-A-V-A. S-A-V-A. Yeah, this is a monster. I like the call set, I'm not excited about the put side. Yeah, no, no, no, I'm with you, I get it. It's just, listen, you caught onto something that's a great concept, that's the bottom line. We appreciate the call, man. And we'll keep an eye on it, man. I'll have to spend more time in the den. Yeah, even if it's in the morning, for the way that you are trading these, I would, I just, they'll tell you what they're trading. I mean, they tell everyone what they're trading. That's my point, that because you've already done this, you'll catch on in like two seconds, you know what I'm saying? Well, you don't have to catch on, I'm just saying that you'll have other ones that are just as volatile, you know. Right, excellent. Click it, man. Have a great one, man, have a safe one. Okay, good to talk, bye-bye. And folks, if you haven't, yeah, let's bring this up, okay? Because this is, let's see, so we got TFNN. Let's see, we go under services. You're gonna go under services and you're gonna see, okay, so it's not under services, where the heck is it, man? Okay, I should know this, this is pretty bad, I don't know this, I'll have a time, I'll tell you. One second, here we go, this is even better. So, right, you go, right to TFNN, and you're gonna see it's under featured content today, okay? So, you hit that, you subscribe to the Tigers Den, it's a dollar, folks, it's a dollar for the year. And, you know, if, you know, the bottom line, if you're trade, you should be in there, if you're building portfolios, you could be in there, we have a lot of smart Tigers and Tagresses, they throw a lot of things out, and there are no crystal balls, folks, we're not selling a crystal ball, just so you know that, okay? But, what does happen is that you have a lot of intelligent Tigers and Tagresses, and they've all formed a great family, okay, in order to basically put that ideas out there, and then you can take the idea, and not take the idea, all of the above. And, that's, you know, that is pretty cool, there's no doubt about it. So, market-wise out here, let's see what kind of volumes we're gonna get in general. So, we're at $494 right now, that means, you know, we might have a small contraction, you can see what happened on Friday, what happened on Friday is that we really could've got a real contraction of volume, and it didn't happen, man, it caved, the volume came in at the end of the day. Not, it wasn't larger, but it came in, you can see that the composite, the composite ended up doing 4.3, and 4.3 is pretty good. Now, look at this today. Today, you're talking about 3.4. Now, that is not gonna make 4.3 today. The composite is not gonna do one billion shares, you know, in all of 20 minutes, not gonna happen. So, you are gonna have a big contraction, the real question's gonna be, you know, does the higher price hold as we come into the close? Dow right now is up 176, the analysis up 132, and S&P's are up 36, come right back. 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Welcome back folks to Dow. Dow's up 183, Nasdaq is up 133, S&Ps are up 37. Let's go to our man, John and Philly. John, what's going on, brother? I'm doing well here, how about yourself? It's, we're getting a little break in the weather. It's about, you know, time, but this is kind of getting cool down here. We're liking it. Well, cool for us, John, of course, it's like, you know, 85, 87. Right, right, when it's 10 below up here in a couple of months, I'll give you a shout. I'm with you. So what are we looking at today? You might have addressed this early in your show when I was not listening. Question on the December T-Note and T-Bond Futures contracts. They're making lower lows here as we speak on the daily chart. I'm wondering, I'm wondering about the question, does this decline extend a good bit further lower or does it bottom out sometime very soon? I'm wondering if you could look at those and tell me if there's anything that you see that might answer that question. Okay, so let's start right with the, what John's talking about folks, this is where we're lined up right now, okay? And it's pretty dangerous because the bottom line is that, number one, you may be setting up an ABC structure down. You know, the low on the 10th thus far is the 114.07. And you can see, you know, what has happened here, man, this is a one-way, this is a one-way route on the way down. Let me just put this up this way. I wanna put the generic one up on the 10th here first John, because my take is that we are going lower and rates are going higher. That's the, and I wanted to bring this back up to show you where though, but I bring this back further because what we had done, what we did do is that we broke, you know, I mean, oops, not that one. You can see what happened, man. I mean, when we broke, you know, the 117.13, that's saying, man, this thing's gonna go down to 104. So my take is that that's where we're going, John. You know, and we know the CPI is coming out on Wednesday. And you know, the intriguing part about the market right now is that, you know, you had the Fed come out, well, you had Powell come out, then you had Fed governors come out saying, hey, we're still gonna go after this in a big way. And, you know, the market said, well, okay, that's good. I'm still gonna go up. But my take, John, is that these rates are going a lot higher, man. And let's go bring up the 30-year for a second. So if I bring up the 30-year, US one, there it is. So we're at 137, and yeah, this is the same thing. This is, we bring this back. I'm just bringing it back 20 years right now. Yeah, I mean, until either one of them could get back inside, you know, the October lows, you know, and on the 30-year, that's 136.16, I mean, it looks to me like, yeah, it's this whole round trip, and we're gonna be back to where we were in 2006 and seven, which is, you know, the 110 to 104 mark on the 30-year. And that's what it seems like it's gonna take. Suffice it to say what you need to see for any chance of a tradeable low is coming back above that prior swing low, getting back within the range as you describe it. Yes, sir, that would be it. Okay. And what John's saying, folks, let's just go over for the clientele, because what happens, folks, is that it has to get back inside the range, and the range is a little bit higher. And, you know, it's a couple points higher. And then that would be a rejection of lower price, you know, and you're inside a range, and that's saying, okay, that'll take all, that means that the rates could drop down for a bit. You know, it's hard to, hey, listen, you're not gonna be the great person for me to talk to about this. So listen to this. This is really cool, folks, okay? Now, two of the biggest writers that, you know, like educational writers that, you know, write some good pieces. Now, both of these guys have written pieces together about the Fed and about economics and the dollar and other currencies. So this came out over the weekend. So check this out, John, right? And especially for us that like commodities, right? Listen to how this deal came down. So one of the writers has written that, you know what, everyone's worrying about the dollar, that it's too high. What he's saying is that in the next, you know, 10, 20 years, it's gonna be all about commodities, period. It's gonna be about what we can get. And his point is this, is that when the war in Ukraine started, first, okay, so we got the, you know, defenses against, the sanctions against Russia, right? Well, guess what? We all know it only took Russia, you know, six to seven weeks to figure out that, okay, guess what? We're not gonna use US dollars, but yet everyone's still gonna buy our stuff, which has happened by the way, folks, okay? They're selling just as much in other currencies. So this writer's point, John, and folks, is that the currencies themselves, okay, aren't where the real action is. What's gonna happen is that it's gonna be countries, states, you, me owning the actual commodities, because the commodities are the thing that is really worth the money as the exchange goes, right? So that's one side of the, that was what one writer did. They silently put this out at the same time. The second guy is saying that, yes, the dollar is high, but it's been higher and things are not gonna change because of the fact that there's so many dollars in the world and everyone will accept the dollar and we've known that forever. I mean, if you've been around to other countries, folks, okay, the dollar is king and I mean, in a monster way, it doesn't matter what country you're in, they'll always take dollars. Well, this is what I really find intriguing, John. I found a tree, I can get on that side about, I would much rather store commodities than store dollars, I can tell you that. Now, we know commodities go up and down, but so what do you think of that in general? I lose them, bummer, okay. Anyway, folks, that's something to, you know, get your head wrapped around a bit. Like, what is actually the worth? Is the worth a piece of paper? And they were talking about fee occurrences in general. So is the worth a piece of paper? Or is there worth what you're buying with that piece of paper? And what they're saying specifically is that it's the commodities that actually worth the money. Now, listen, man, I could see that. I would much rather basically get, you know, yeah, I'd like to have a teak backyard. Yeah, teak trees, right? That's, I mean, that's worth what? You can't put a number on it, folks, okay? So we'll see where this whole thing goes. I don't think the dollar's ever gonna, you know, get down to the point of being a peso or something. But I think that the writers, well, they both writers were cool, but I think the right, I can see that, because I was thinking about that, that, you know, you never know what the unintended consequences are when we use the dollar as basically financial warfare, you know? That's the reality, and we should. I mean, I'm the screw-wrestler. I mean, I'm close. But the fact is, once people understand that they don't need it, then you're talking about a whole different ballgame, man. Dow, Dow Industries right now, 204, that has six up 145, S&Ps up 41, but come right back. 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. 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And, you know, inside that CPI, okay? You know, the bottom line, the expected is going to back down a bit, but when you start talking to feds, when we're talking, they want to get it down to 2%. Well, guess what? You know, we're still running like an eight, you know? So, you know, to get back to two, they're going to have to, you know, basically tip this economy into a recession in a monster way, not in a small way, you know? And then, you know, that's always going to be the thing about the kiff with your ass gone, because what does happen in this particular case, you know, these rates, when I look at the fed fund rate here, let's do this, okay? To me, the fed fund rate is going to double. And right now, we are at 2.25 is the bottom end, 2.5 is the top end, you know? And, you know, I suspect that's going to be a 5%, because I just don't see any way that you're going to go from 8% inflation, you know, to 2%. What I think has happened is no doubt, I think we're bouncing around and bouncing along. I think, you know, and then it seems to me like everything jumped up to 30%. That's, I mean, that was real. And then we'll level out again. We'll probably level it out for years, but I suspect that we're talking about, I don't know, two, three, four years that we're going to be in this. You just don't get into inflation and all of a sudden it disappears. I mean, unless, you know, you have some kind of disaster in a huge way. So, let's go take a look at, because it's going to be the NASDAQ, the NASDAQ's holding price, but you're going to have no vlog. Yeah, look at this, you're still at 3.7 billion. So the NASDAQ's going to end up doing like 4 billion. And we haven't done 4 billion shares. Let's just see this. When I do the update, you know, you know, if you're a bull, you better hope that this NASDAQ did like 4.25 or something. Or even over 4. I mean, because that would mean it's going to do 300 million shares in four minutes. Always remember folks, the bear can claw your heart out, the bull can run you over, and thank God there's always another trade. Health tap is in prosperity. Have a great night, have a safe night. Come back and visit Tommy tomorrow morning, kicks us off at 9 o'clock in the morning. Great show, folks. Yeah, look at him, folks.