 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 Andy in Boulder, Colorado. Hey, Andy, what's going on, brother? How much to tell how you've been? I'm great, man. It's all pretty good. Hey, congratulations on the grand baby. Yes, thank you. I know. Tommy just sent me a picture. I mean, it's gorgeous out right now. He just took it off for his first walk in Suwanic. All right. He's prowling and prowling already. Yeah, I bet. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien at TFNN. We're here 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. I hope everyone's having a great day, safe day. It's making a great night, folks. Surrender and let go of the past. This is a cool card, man. Whatever life takes away from you. Let it go. When you surrender and let go of the past, you'll always have to be fully alive in the moment. Letting go of the past means that you can enjoy the dream that is happening right here, right now. Mockin' wise, let's take a look at it out here. We have the Dow Industrial's up 106. Nasdaq's up 243. S&Ps are up 40. Gold contract down $17.20. Trading at $18.41 notes. You got Silver down 36 cents. $21.45 notes. Light Sweet Crew down three bucks. $99.98 the barrel. Notes and bonds. The 10-year note. Up 19 ticks, trading $1.1825. The 30-year up a point, a full point, plus 22 ticks. Laying out here at $1.3820 and King Dollar. King Dollar is trading up 224 ticks at $103.84. The Euro's at $105. The end's at $130.38 and the British pound is at $123.01 US dollar. iPhone number's 877-927-6648. Give us a call folks. One note's going on in your world. And the world of the S&Ps, let's take a look at them. What do you have? Okay, so you take a look at the spy. Your price projection on the spy was $394. We got $394. $394 is out here today. Rejected lower price out here today. Bottom line, is that yet? We'll see where I can get a bounce going. Meaning up to like 411, you're at 402 right now. That being said, I'm gonna show you something here. We take this, this is the actually, well, let me go through the NASDAQ first. This is the actual most dangerous place that we're actually in with this bounce. Because my take here, the large you take is that your next stop down here is gonna be like in the 377. Because what you have is this. Actually, 3, where's 366? Right there, huh? I can do it. Okay, so I talked about the aspect of these ABC structures. You get a one to one, a one to point, three, eight, two, one to five, all right? So what the problem here is looking at the spy is when we go over to the NASDAQ, the NASDAQ hasn't reached its ABC structure on the way down. The NASDAQ out here today is gonna have a light of volume on the way up. That's how this thing's gonna shake out. You're up six dollars, you hit the load today is 296. Well, 281 is the A to B equals C to D. And if I found out anything, bottom line is that the NASDAQ leads up, the NASDAQ leads down. And in the overall context folks, my take is we're not even close to, it's actually blowing my mind that you can come down like this and people are still coming in and I think the market's gonna snap back. But that's what makes a market. That's the bottom line, okay? Gold. Gold has a problem too. This is what you have here. We take a look at gold. Gold's trading down to 1830 right now. So I'm gonna put the volumes on here because this is what happened with gold. So what happened to gold market? Last Wednesday, you went higher on gold and it didn't hold price. That being said, it was in an ABC structure down. It never got to the swing point out here for this 1921 and I'm going with the ABC structure down and the reason I'm going with the ABC structure down is this and the ABC structure down folks is 1788. And the reason has to do with the amount of equities that I actually go through inside of the gold market. And what you're gonna see is that there's so many of them that are in an ABC structure on the way down. I just put Royal up, Royal's not one of them. But you have a lot of them that are in ABC structure down. So my take is that that's gonna get fulfilled. More than likely that is gonna be getting fulfilled when the market takes its next leg down and I suspect what this is gonna be all about is when we bring this over to the US dollar, this is going to be a move that the markets are not anticipating. And what happens here is this folks, if in fact this dollar breaks and makes that run for 121, what will happen and you can almost hear the Fed, wasn't the Fed, it was Janet Yellen and the Fed. Okay, they're all getting a little bit nervous right now. And what they're nervous about is the amount of leverage that is out there that they don't know about. And if I've, in most times what ends up happening is this, is that when you have markets that are this dramatic, okay, and the liquidity's drying up, what liquidity drying up means is the aspect of there's no bids on the market. That's one thing, okay, because you can't sell anything, you can't sell it. This correlation on the dollar, if we get a fast move like that on the dollar, there's going to be dislocations so fast all over the place. I can see that putting more pain to marketplace. That's the bottom line. Some of the higher volume equities out here that we have out here today, you get advanced micros, that's up three bucks. You get Apple up three and a half, you get the Nvidia up 970. We have, let's see, oh, poor Peloton. Microsoft's up seven bucks. PE Peloton, I think, let's just look at this for a second, because this might be an ABC down out of business. And that would totally make sense, because when you think about how many of those machines that we've seen in the trash for how many years, right? I'm not talking about Peloton machines. I'm talking about every type of exercise machine that you can think about. So, no, no, it's not an ABC down, okay. You're at $13.15 right now and they're still losing money hand over fist. They've never made money, you know. This is what's amazing about this company. This year, so they're gonna lose, they lost $1.07. They took in 964 million and lost the $1.07. They lost every single year, yet the market basically brought that up to sky-high levels. Pretty wild, man. There's no doubt about it. We go take a, let's go over to the S&Ps and just see, look at these S&Ps, what they wanna do coming into the close, because you've had the S&Ps today as high as 40, 4065, okay. 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. 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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 to Dow. Dow Industrial's up 38, you get the Nasdaq up 209, S&Ps are up 31. Let's go over to our mammoth to Basel Chapman as we do each and every Tuesday at 20 past the hour. And don't forget folks, Basel 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 Basel's newsletter folks. Come over to our website at TFNN. Gonna go right on the newsletter, just the opening call on the left-hand side and you'll see the opening call on the left-hand side, second one down. You just hit subscribe. You can get the opening call for one month for $149. You get it for six months for 6.95, which is a savings of $199 at 22% and you get it for one year for 11.95, which is a savings of $593 at 33%. Now, they all come with a 30-day money back guarantee. If you're gonna check it out, keep that in mind. Okay, you get a six month, you get a year. If it works for you, awesome. If some reason folks, it doesn't help you, 30 days from now, guess what, get your money back and then on top of that, when you do get it anyway, what you're gonna have is that you're gonna have about 11 archives that Basel's done an amazing job with if you really wanna understand how this market moves, how you ride that wave each and every day. Basel Chapman, what's going on? Hi, Tom, how are you? I'm doing great, man, yourself? I'm very good, thank you. Are you getting some good weather up there now? I hope so. You know, it's been quite cold. I think from tomorrow it should be beautiful. Okay, good, good. Yes, I need that, I like that. I'm sure most people do, I mean, it's bad enough the market's down, that gray sky up there and cold weather is not cool. Yeah, exactly. It's a real gloom, right, dark cloud cover. So this is very interesting because the Dow, right now it's gone, there's a technique that I developed which I call the Chapman Wave inside track support level or resistance level. And in this case you can see the little red dashed line. Okay. We've gone right to that and we went under 32,000. For me, it's really the 32,000 besides the psychological level in the Dow, it's really important because it's been above 32,000 for so long. So this is gonna be absolutely imperative. We went to 31,877, it's hot. I guess in this market it's not hard to believe that we were actually at 32,752, we're down 500 points from that, from earlier this morning. So this is, there's a lot going on. So what I thought is I just tell you, key levels for me and the Dow, and the Dow has been the lead index for quite some time, it still is. And I'm using that kind of as a benchmark because the two things that are absolutely imperative for a rally to occur right now is that you need the Dow to, and now it has to go above that high of today, 32,752, that's number one, but you also have to get the QQQ, which at every rally is just being pummeled to the downside. So the Qs are 303, and as soon as we can start to close about 313, that says to me, okay, now we can get a decent bounce. But what I thought I'd do is I mentioned it last week when we discussed, we discussed what I look at that I said should be five independent areas. And I talk about them all the time. I nicknamed them Bondi for Bonds, we've got Goldie for Gold, we've got the others that I look at is Dollar, that's Dolly for Dollar, and Oily for Crude Oil, and Vixie for the Voluntary Index. And the reason why I would love to have these things always sitting there is within the context of these different aspects. I've said for about four or five months now, I like to think of them as very independent. You and I have spoken about this market, how different it's been. Let's go through them one at a time. You know, Bonds normally, as I recall over the years, not years, but decades, when there's volatility in the stock market, in other words, volatility in stock market, parlance is going down. So when markets are going down, money tends to migrate from the volatility of stocks into the so-called safety of bonds. This is the very first time that we've seen that just did not happen at all. In fact, as yields were going higher, so and bonds were going lower, so the stock market went to unison. So that's one divergence out of these two Bondi and looking at the markets themselves. So the other thing is looking at the dollar. You just spoke about the dollar. Well, the dollar and I should mention that subscribers we've been long since 2018 at about 90. This is at 103.91. Normally you would find that as the dollar goes higher, even if it's just on a short-term trend basis, invariably you'd have the, it's almost like a mirror image, not necessarily in percentages, but as dollar goes higher, gold goes lower. As gold goes higher, dollar goes lower. And that kind of happens a lot. In fact, I'd like to look at it and say the market mostly has about four to five week periods where the dollar and gold go up together, not in the same proportion, but this is very different to anything we've seen before. So dollar is your nicknamed King dollar. I think that's what it is. It's so far King dollar. Then the other thing we were looking at is crude oil. When you look at crude oil, normally when the dollar goes higher, crude will pull back. That's just kind of, even if it's just a short-term basis. And yet we've got crude oil at 99.90 down three, having made that high on the seventh at about 128. It looks to me, and I was talking about this in my show today, that if you consider, so that's the, that's Bondi, I have to always read it to get the sequence. Bondi, Dolly, Goldie, and Oily. But VIX is the other thing that I want to look at. Look the VIX index at this particular height is close to where we were as Russia invaded Ukraine. We went to 37.79 on the 24th of February. And here we are at 32.73. So you would normally see huge triple digit down moves in the Dow when the volatility is up at this level. So that's why I've been saying, try to think of all these different things as different units. Sometimes they come together and sometimes they go in the traditional way. We're not quite seeing that right now. So I think that that's pretty important to just consider that with the volatility still holding high until that 32.73 right now, we start to see a trade for about two out of three sessions actually close. It can't just trade. It's got to start to go under 29. I'm not sure how big a rally there could be in the market, but as soon as that happens, it just releases with the other aspect that I wanted to talk about, which is the commodities, the soft commodities. Look, the DBA, which is something we've had since the 13s is trading at 21.52 right now. This is a very important aspect because if we start to see the commodities pull back and it's only short-term, I don't know if the Fed would even talk about something like this because it's so short-term, just two, three weeks, but they are pulling back. And I think that that's important. So ingredients are there to say all the things that are attached to the fear factor in the market are slowly being ameliorated. How does the market respond? And as I say, I would need to see a really good sustained move on the upside with at least two big closes to the upside in the Dow with the queues actually all of a sudden starting to lead the rally. And I want to see the VIX ready pull back very sharply. So those are the ingredients that we're looking for here. And it looked like early this morning there was this big rally that it couldn't hold. We'll see what happens. So I've got my parameters clear as anything. And folks, it's very easy to get thousands of newsletters. To move to our website at TFNN, you're going to see, hit newsletter, hit the opening call, second one down, you are off the races. Bowsley, you have a great one, safe one. Of course, we look forward to show tomorrow. Thank you very much, Tom. Thank you. Stay right there, folks, we'll come right back. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. News subscribers get a 30-day money back guarantee so you have nothing to lose. 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In the Tiger's Zen, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Zen at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. 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 guardleafs, 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. Dow Industrial's down 75. Nasdaq is up 151. S&Ps are up 13. So let's go take a look at progress. I think progress. Is that progress? Let me see. Oh, PGR. Yeah, progressive, I see, okay. So progressive. It's trading 107.87. The low is 88. The high's 120. Yeah, I wouldn't be buying this. This is going after the lower end of this consolidation. So the good news is that, yeah, you get a high with high volume. It pulls back a little bit more. You do have that high with high volume, which is great, but then you have last week that it couldn't get to a tie. Now, this is really subtle, folks, okay? But I've seen this enough, okay? See this? So the first high is 15 million shares, right? Then we came down, okay? And that's a good number, by the way. That's a good number up there. Then we came down and you get down to a price point of 106. Then see the surge in volume, and you gave it up on price and yet you couldn't make the spike? That's not a good situation. This is how this works. That's why I'm saying it's so subtle. It's not a good situation in a market that's weak. That's what it comes down to. So that's on the weekday. When I take this, with the daily, let's build and cause to go after this low end. Meaning, let it get down there again to that 106.35 and see what happens there. We go over to Harmony Gold. We take a look at Harmony Gold right now. So Harmony Gold, bottom line hits 341 today, hits the bottom of the consolidation. Well, the bottom's actually 334. Any of the gold stocks that you're in, folks, okay, what you have to look at, look at these low swings that I'm talking about. There's a couple of them that look like they can actually break the low swings. Now Harmony was actually pretty strong because what happened yesterday, that gap low yesterday, 34 miners got killed, unfortunately. And that was a lot to do with that gap low. I'm surprised it didn't go lower yesterday. So it looks like, I suspect, it'll probably hold at this point, but that's what you have happening. We bring this back. Let me put this on a weekly for a second. Let's see it, even on the weeklies. On the weeklies, you gotta, the lower ends of these swings a game on just about anything on the gold market. But as I said a little bit earlier, what does happen with Harmony is that that is stronger than a lot of these other gold equities. You know, that's just how the whole thing is set up. I mean, the more that I look at a lot of these metal stocks in the market in general, the more that I'm saying, okay, man, it's gonna be hard to comprehend that the dollar is actually gonna run to that level. And that's when there's gonna be a dislocation on the market like in a monster way, not in a small way. Let's go over to the S&Ps and take a look at the S&Ps. So they look like they're going back to flat here. Let's just see what kind of volume we got on this pullback. Okay, so we're coming into 44,000 contracts. Last 10 minute buy had 33, so that's lighter volume. You're coming in with lighter volume. So it's gonna be all about this bar right here. And the bar so far has 13,000. And that's gonna be, well, we'll see what happens. On the 10 minute bars, what do you have to do? You really have to, you get a better understanding, folks. You really have to get seven or eight minutes. I do them on these smaller time frames, okay? But, you know, at any one point, someone can buy 10, 20, 30,000 contracts in about a second and, you know, say, hey, see, what we just did, we just broke the high or we broke the low, whatever we did. You know, but if we, two different things that have happened, so if you're watching Tiger TV, what I'm always looking for is this. So you came down, you just blew away the whole rest of the day with that, you know, 33,000. That being said, the 33,000 was going into 44, but most of the time you got so far into it that you can expect that the S&P first would hit the lower end of that, which is 3991, and you're 3996 right now. So that's how that sets up. And then, of course, you got to be more on the next bar. So if the next bar has 33,000 or more, guess what, man, you're going all the way down. That's how this thing, basically, that's how time in the trade works out, you know. So we'll see how that shakes up, but we'll go over to the NQs, we'll take a look at the NQs. They're up 185 right now. They're trading at a price point of 12,386, and there, we went to 547, this here, that bar there had 9,800 contracts going into 17,000. So, you know, you can see the contraction that is happening. Same setup, though, because you got so far into that bar, 12,350 is actually game, just even on this bar. And we're five minutes into the bar right now, and you get, we'll see what happens. This is a really light volume. Oh, hold it, one second. What do we do? Oh, no, it's heavier volume. I see, okay. Yeah, the last bar was 9,800. At five minutes, we're at 5,800. So, this is going to be, you know, between today and tomorrow morning, this is, you know, it would make sense that you get some kind of a bounce. And that is, when I talk about building cause, that is always the most dangerous, folks, okay? Because what ends up happening, if you go sideways, you get a bounce, I can see it. I can see it. People are buying it. And in the bottom line, I get it. I get it, trust me. You know, when you haven't gone down for, what, 14 years? Yeah, and we got water for 14 years. It takes quite a bit to break that. And I suspect it's going to be broken, but not just yet. So, if we go, let's go to Microsoft. So, Microsoft is also here. Let's just look at it first. Microsoft's a great equity, folks, to look at just in general. It meaning, if you're a technical person or a fundamental person, there's nothing like Microsoft, man. I mean, when we're talking about, you know, dollars and cents, and, you know, what they have changed to society, you know, they take in, so picture this. They take in $199 billion. Yes, $199 billion. So, when you take a look at Microsoft, it's a big part of the economy, right? Well, you can see what's happening with Microsoft. We hit a low yesterday with 47 million shares. You're going high with 31, not even close, folks. When we get to a bottom, what happens is this. First off, there hasn't been enough yelling and screaming, it's not even close. I mean, not even close. That, and then you will not see an equity like Microsoft just go higher after a low of that high volume low. What happens is that it gets below that level, it spikes, and what a spike is, a spike is an intraday trade that will take you down at least two to three points on the next move down. It's kind of what I was talking about yesterday that you have, when you find bottoms, what happens is that you come down, and I'm talking about one day. You come down, you go sideways, you come down, and then you freaking go down, double the amount of what you went down those first times, because that is just a mindblower, and that is actually the wipeout. And guess what? We've had a couple days of the two coming down, and that's why when you're trading in these markets, trailing stops are totally where it's at. I know sometimes you say you get stopped out, trailing is because you never, if you have shot the mic, you never know how far it's gonna go down. Dow, Dow investors right now, down 140, you get the NASDAQ up 113, S&Ps are up four and a half, we'll come 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? 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Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. The prospectus or 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, Four Side Fund Services, LLC. At 1-877-927-6648, internationally. At 727-873-7618. I'm O'Brien. Welcome back, folks, to Dow. Dow investors right now, down 150, get the NASDAQ up 99, S&Ps are up two, and platinum. Let's go look at this, because this could be really, you know, I know folks at the unfortunate part about we're all looking for places that, okay, you know, if you haven't, so, picture, I mean, this is what's so wild about this market. This is why my take is that you, you know, just take your time in any market like this, because it's gonna be really tough to understand where any money should go. That being said, the PPLT, so this is platinum, okay? Platinum right now, well, let's go, let's go to the actual platinum, because this is what I've seen happen many times, okay? So platinum is at 947, and what, now, what happens, folks, is that this is highly volatile, no doubt about that, okay, or it's a commodity, if you never traded a commodity, all commodities are volatile by beyond belief. Now, let me, I'm gonna put this up on a continuous contract first, though, because if you are also a fundamentalist, okay, my take on this platinum is that, you know, when you're looking for value, and you're looking for something that is very valuable, okay, platinum is where it's at. So you can see, now I just brought this back, okay, so I brought this back, I'm gonna bring it back further, because I wanna show you something here, this is like, you've probably have seen this before, but we'll do it again, because it's good to know. So picture, picture, you know, I started the Gold Report, folks, in 2000, 2001. Gold was, I mean, platinum was 500 bucks, okay, gold was 282, okay, so platinum was above it. Platinum made a run all the way up to 2,300 bucks, okay? I sold out about 1,900, I sold everything I had, and I had, at one point, so listen to this, this is really cool, on the 2,000, yeah, it was the 2,000 ones, I think, off the mint, I had, it didn't mint a lot of them, but they minted enough of them, I had bought one quarter of all the coins, platinum coins, off the mint, because no one wanted them, this is, this is what's so crazy about markets, folks, okay, picture this, you know, I didn't know that I had a quarter of all the mint, until after the fact, because then, you know, there's just no demand for them, so they just continue that, then they start the 2021, that's how it works. Make a long story short, I held them, now I really learned something also, so listen, check this out, this was pretty cool, wasn't cool for me at the time, but so picture, I have the most perfect coins there are, and then when platinum went all the way up to that point, this is something that all of us should understand about if you're going into the coin market and you think that you're going in for huge amount of coins, okay, make a long story short, what ends up happening is that when metals go that high, well, I got a premium, okay, but it was a very small premium for what I had, and that's why even when I'm talking gold, even talking silver, you're much better off understanding what just the true value of it is instead of thinking that at some point you're going to make hundreds of thousands of dollars because you get a great coin, you know, that's a different business altogether, okay, so now let's cut to the chase. Platinum crashes, it goes from 2900 down to $760, and that's when gold hit 666 and the market hit 666 in 2008, okay, you got a nice counter trend bounce, you come all the way back down, the bottom line is that, you know, you're at 947, can it test 916, yeah, but guess what, the correlation is so heavy that you can see 1,300 in the heartbeat, that's how it tricks out, and if, what happens is this, a good gold mine, okay, takes 10 tons of dirt to make one ounce of gold, that's what's always so intriguing me about the gold market, when I really started understanding, I'm saying to myself, this is amazing, 10 tons of dirt, I mean, that's a lot of dirt, well, the platinum market is even harder than that, folks, okay, so my take, Frank, yeah, I like the PPLT in a big way, man, I mean, there's no doubt, because I think it's still undervalued, and it will be undervalued, you know, until it goes higher, SBSW, yeah, this is, and I wouldn't go this way, yeah, I wouldn't go this way, this is why, watch, this is a great stock, Sabane still won, the low is 11, the high is 20, but this is what also happens, okay, well, let me see what it looks like first, because the platinum market was so big, yeah, see, this has been down big, okay, so this is interesting, I'll hold it, okay, so that is volume on the weekly, 26 million, yeah, I would not buy this yet, and this is why, so watch this, if you look at this, what you have is this, last week, this came down with 24 million, and we're going into 13 million, so that can break down, you know, we just started this week out, so that definitely can break down, yeah, and you get a high volume low of 10, 26, no, no, no, it's not, no, it's not, that's the day before, yeah, I would, this is a good equity, there's no doubt about that, let's go take a look at what they have inside it, revenue-wise, I mean, so, they looked down to do 162 billion to make 38 bucks, recycling is 40 billion, platinum's 102 billion, mining, gold mine's 28 billion, and then streams, so they work as a bank, and they get 625 million, when I look at both of those, I would go for PPLT, that's where I would go with that, so what happens with that is this, if you go for the metal versus the equity anyway, they're less volatile, because if the metal moves the dollar, the equities can move buck and a half, $2, $3, because it's always a leverage type of play, so I would say that the PPLT is a better play to basically lay out, not just even lay out, that you'll make some money on the PPLT, that's my take on this, because it's got destroyed so dramatically, oh, and I didn't show you this yet, because this is the weird one, so watch this, PL1, and this is the thing that's really crazy, we put this up, and I'm gonna compare this to gold, because, okay, so let me see, put this back 25 years, because this crossed, probably crossed seven or eight years ago now, compare two, where is that thing? Quick add, I'll try that, quick add, gold, like I'm at it? My point is this, is that it's really unusual, well it's way down here, it only started in 2016, okay, so it's really unusual that when you see that platinum is worth less than gold, platinum has always, well, it's not even close always, because it's been below it for like seven a year, it is, but if we go back 50 years, okay, yeah, you do have seven years right now, it's probably below it, but my take is that, guess what, it's gonna be above it again, so. Dow, Dow Industries right now, Dow 140 Nasdaq, it's up 103 S&Ps, up two and a half, stay right there folks, you'll come right back. 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If you've ever wanted to get inside the mind of a market master, you cannot miss this live trading webinar. To sign up today, just visit the front page of TFNN.com. 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. Welcome back, folks, to Dow. Dow Industries are down 78, NASACs up 120, S&Ps are up 10, and so this is pretty cool, folks, okay? So inside, one of our targets ends out here, right? There's nearly 75% of consumers have less confidence to spend today as inflation hits 40 or higher, according to a new First Insight report, okay? So you've heard these reports out here, people worried, right? Now, let me give you the next target, the next target set. Because of inflation, well, the other person would just report some news first, and I, thanks, man, I appreciate it. So this other quote goes like this, because of inflation, I'm trying to spend more now, moving up project on rental properties, buying appliances, ETC. That, folks, is where everyone is. That, folks, is where everyone should be. And I'm not talking about, not talking about, you know, all investments and all that, you can, personally, right? We're in inflation. Everything's gonna be more expensive next year, I don't care, inflation doesn't go away, folks, in 12 months, just doesn't happen, okay? You get lower, but everything's gonna be more expensive next year. You gotta start thinking in this context, and it's pretty cool when it's your own house, or it's your rentals and stuff, okay? Because the bottom line, if stuff is starting to go south, well, the way that you keep good foundations is that you keep, you take care of yourself. Your stuff, rather, okay? And that is great advice, okay? Because the bottom line is that, and I tell ya, if I was a kid, well, even if I was a kid, I've actually stopped at a couple flee markets and because, you know what, folks, well, at the beginning of this, people don't know how much stuff is worth, meaning how much wood is worth, metals are worth, okay? Because if you're not in the market and you've never really seen inflation, you don't realize people are throwing junk out that they think is junk, and guess what? It's not junk, man. I mean, there's real value, you know, to many of those things, so. I just remember, folks, the bank and Cloya had out the book and ran 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, nine o'clock in the morning, great show, folks. Have a great one, have a safe one. Rewr, look at him, folks.