 Welcome folks, this is Jacob Schup. I'm filling in for Tom O'Brien today Well, we got a lot going on. We have Tim Ward. We have Larry on next segment Let's take a look what we have going on. So awesome pop-ups today. We have the Dow futures up 1.64 percent 34 950 we have the ESMini up 2.12 percent We the NQ's up 2.23 percent the Russell up almost 5 percent today We'll talk about the bonds in a second here with the gold contract gold futures Up 1 percent. We'll take a look a little more as I was saying With the dollar coming down, which is really what we're seeing today, right? CPI was good People are seeing that interest rates may be at their top and they're going to come back down a little bit Obviously have the bonds popping up quite a bit on that. We'll take a look at the 10 year in a moment Take a look at the gold contracts. We have a volume of about 100 See here 167,000 Which is good, right? But if we're looking at, you know, Tom sent over some charts as well to take a look at here We're looking at something like 200,000 on the volume, right? So as Tom has written here, this is the Bloomberg charts I think the gold will need more volume as it trades into higher price, right? We had a little bit of a pullback over the past month When it moved a lot higher But if the dollar continues to go low and reach the levels about like 99 Dollars and we could probably see the gold contract take off pretty significantly silver at 3.7% Fantastic silver holders as well and in the copper contract trading up only about point 4 or 5% Take a look here Tesla has blown up 6% on some news regarding China. It's massive and also their super charging stations as they're called The the super charger network is now again really solidified as this will be the kind of standard charging model for all EV vehicles So we had some pretty nice volume on that Let's see. Yeah, it's pretty stellar. So we're trading up about 237 right now Obviously the high from last month was about 268 61 We have a big sell-off here on some pretty significant volume, but we're trailing right back up Tesla is pretty persistent Price-wise take a look at Metta up 2.32 percent Google of 1.94 percent Disney trading backup in the 90s Just good for all Disney holders 1.93 percent Southern Copper of about 5 percent the miners are doing all right steel dynamics Made some huge moves again. We were talking this is trading in a channel about 100 to 110 We had that breakdown around this area September 18th on significant volume compared to the rest of the trading We reached as high as 114 18 came back down and we'll on some lighter volume honestly on the on the back down here So I'm gonna be watching this talk a little bit more to see if we have kind of a new trend forming with it but when you can find a stock or in any kind of equity that you know trades in such a Distinct kind of pattern. It's awesome to get in there and and just ride the wave on that On top of the rates kind of You know supposedly going to be going down right CPI was pretty great. We'll take a look at the The release later Kind of kind of pick through essentially the charts and everything that were given to us by the government here But the home builders were doing phenomenal as well So we have MHO up 7.11 today Dfh this is dream finders home incorporated up 7.07 percent BZH up 9.56 percent Taylor Morrison home up 7.14 percent and I think oh here we are and then tolls up 8.43 percent I mean that's anyone who's holding the bag in some of these home builders is doing pretty good today We'll take a look at the SPX this is in an ABC up right the price projection for this is $462 that B point was in November 10th. It took that out You know pretty solidly and so we're looking at essentially a price rejection on that with the ABC up of 462 The QQQ's as well. Let's take a look It's 58 million taking out 53 here in November 10th as well The A to B leg was passed then and it's a 40202 price projection as well And we are just gonna see if we can ride this up if we look to in the see if on the NQs This was pretty interesting because we've been going down for so long, right? If we take a look on the three-year chart here, we have the high right at about 16 767 right, I mean we're nearing this here on the three-year high and then right here if we look at the high for the Year July 17th. We're trading right about 1684 we're getting there right now. We're at 15908 and NQ futures When I took a look at this chart and saw that's how close you were to the to the early highs It was almost crazy to think about because it felt like we've been going down for so long But anyways, this is pretty stellar what we have going on the DXY Take a look. They changed the ticker. They had the dollar sign in front of it on here Let's get out of the three years. We can just go to the year-to-date Obviously we had a big gap down. That's with conviction for sure this kind of price Floor essentially that Tom was looking at Right, that was the 104 69 area. Well, clearly this just blew past it entirely, right? We're trading at 104 04 This is essentially on the way down to 99 957 this is what we're looking at from Tom again. This is in market insights if you guys aren't subscribed It is a one-month free trial for first-time subscribers Go take a look because the market was called beautifully this time around and so it's pretty nice to look at NVIDIA up 2.39% and the GDX up five percent currently we can take a look at the consumer price index Let's move over here See if I can blow this up a little bit Alright, so let's take a look right because a lot of people, you know We just read let's say like articles that kind of tell us What happened and it's always good to kind of go to the original source to kind of get your information So you can look here. This is the change per month as we essentially had zero right? This is all items. We'll take a look at how this kind of averaged out We had a point three percent increase in food food away from home increased about the same Energy up point four percent. So obviously we have gas prices a little bit lower right now We have energy commodities that actually deflated at two point five percent from the last month Let's see on gasoline down four point nine percent and then fuel oil in general down five Electricity I'm trying to follow this right here electricity up point three percent utility one point two percent And so that's pretty that's pretty solid for everything We have medical services going down a little bit what happened with that that was bringing it up as people were essentially again now spending money From their health insurers after a long time of not doing so with COVID and that kind of shakes up a little bit of the numbers That the health insurance reporters kind of have folks. They too will be right back with Larry Pesavento