 The following is a presentation of TFNN. The Morning Markets Kickoff with your host, Tommy O'Brien. Good morning everybody. I'm Tommy O'Brien, coming to you live from TFNN Thursday morning just after 9 a.m. Eastern time. We got some fireworks. Speaking of July 4th to the downside, we got some fireworks with jobs added. ADP, private payroll is almost 500,000 jobs added to the market. We might have higher rates coming down if this economy stays as hot as it is. We get the markets right now down, approaching 1% on the S&Ps, negative by about 38 points right now. 44, 45 in the S&Ps, down about 0.8%. NASDAQ 100, we're down about 1.1%. You're off 163 points. You're 240 points off of the highs we had early yesterday, NASDAQ 100 off just more than a percent. You've got the Dow right now off 275 points, 34,236, you're off 0.8%. You've got the S&P and the Dow off about 0.8%. You have the NASDAQ 100 and the Russell off about 1%. We jump over to Crude. Crude right now sitting at about 71.61. Let's jump to the dollar index before we jump around, because we're going to have some action in dollar. We're going to have some action in yield. Dollar index, we were at 103.45 about midnight last night. You make it all the way to 102 and change and boom, just like that. You get a stronger dollar. We got higher yields this morning. I jumped to the dollar first before we got to yields. You jump over to the yields. The 10-year dropping like a rock, man, and what are we at right now? We're going to jump to some of the yields conversation because it's going to be a wild one when, man, we get non-farm payrolls tomorrow, and we got the 10-year back above 4%, 4.04%. The yield on the 10-year, man, wild stuff happening in this market, right? You take a look at it on the daily, and yeah, you're right back to where you were in March, and on a price level, you're within a stone's throw of the actual lows that you had back there in October. A remarkable action as we got higher yields across the board with the 10-year above 4% right now. Back to a short-term timeframe. There's your drop, man, on that number. We dropped basically almost a full point, a little bit less than that, but you're talking about trading at 111.06 at 8 this morning, and you went down to 1.1012. So 6 ticks shy of a full point drop in the 10-year. Just like that, we jumped to the 30-year. You're down to full point and 4 ticks right now, 124.04%. You jump over to the gold contract. We got a stronger dollar with higher yields. That's going to push the gold contract lower. There's your drop from 1935 to 1912. We're at 1942 yesterday, and the price of gold, you jumped to silver right now, silver dropping as well, stronger dollar, right? Going to hurt the price of commodities as you got 22.96 on the price of silver right now, drops from about 23.40. And let's get into it, man. You talk about a jobs number, 500,000 jobs added. ADP report on payrolls show a broad increase in hiring in June. Initial jobless claims edged higher last week, but remain low. And yeah, ADP versus non-farm payrolls. That's going to be the conversation, man. It's going to be interesting to see the numbers that we get 8.30 AM tomorrow. Now, I was listening to Bloomberg earlier this morning. They're talking about this number a bit. And you have a couple of things going on here that's interesting. Number one, you have the Juneteenth holiday in June, okay? So in terms of seasonality, in terms of adjustments for how that plays out, it's a pretty new holiday. So they're not exactly sure how that impacts the hiring, the seasonality adjustments, et cetera. And it'd be interesting to see if ADP versus non-farm payrolls and how those get adjusted so you could see a little bit of a different. We've seen these vary before, okay, in terms of the divergence that you get sometimes from a big number posted on ADP prior to the non-farm payroll number. But the expectation was 225,000 jobs, folks. And we added more in leisure and hospitality alone than the whole number. Construction was at almost 100,000 trade transportation utilities. You see the numbers here at almost 100,000 education and health, 74 natural resources and mining at 69 on the decline. Professional in business, just off 5,000. Financial off 16, information off 30 and manufacturing off 42. Every region but the south added jobs. What's going on in the south, man? Employment games are concentrated in firms with fewer than 250 employees, right? Small businesses, pretty remarkable. When you look at wages, okay, big numbers still. Workers who stayed in their jobs, 6.4% pay increase in June from a year ago. For those who changed, you're looking at about 11.2%. The slowest pace since 2001. That would be the one highlight for inflation here, that would. And I imagine these numbers are going to continue to decline because I wonder how many of those raises had already taken place, right? These are year-over-year numbers. But I wonder how many of those raises actually took place in June, right? Or took place in May, June. Versus getting a raise six months ago, I mean three months ago, to catch up with some of those prices that are rising higher, et cetera. Nonetheless, those numbers used to be at about 7% and 14%. So you're now talking about if you're changing jobs, the numbers all the way down to 11. And if you're staying 6.4, still some big numbers, man. You're adding 500,000. That is a big number to say the least. But the biggest number awaits tomorrow. Non-farm payrolls, 8.30 AM, put it on your calendar. But today's going to be an interesting one, man. The way we got yields moving right now, the way we got markets moving with the S&P off by 40 points, you might get a little bit of a recalibration of risk right now in terms of where the Fed may be going. We have a Fed meeting less than three weeks away, folks. Less than three weeks away. Yeah, 20 days, July 26th. We get a Fed meeting. We get those non-farm payroll numbers tomorrow. So it's coming at you. It's coming at you fast and furious. And boy, we are at some lofty numbers in this S&P. 44, 44, put that one up there. All right, what else do we have? We had initial jobless claims rising by about 12,250,000 claims, continuing claims falling to 1.7 million, a four-month low. Pretty remarkable, right? So we have continuing unemployment claims, a four-month low. Private payrolls just added 500,000 jobs. Wages are still increasing at lofty levels, even if the lowest since 2001, when you're dealing with six to 7% by staying in the same job and you're dealing with 11% change in jobs year-over-year, pretty remarkable. Few sectors shed jobs as they talk about there, including manufacturing, information and financial activities. Job cuts, as measured by one firm, fell to nearly half of their May levels. So job cuts already falling in June versus May, though from a year earlier, cuts still 25% higher. Well, folks, a year ago in June, we weren't seeing any cuts. So I always say a percentage is on small numbers can be deceiving. So a 25% hike in terms of cuts versus a year ago, yeah. But as they say, the monthly jobs report from the BLS Bureau of Labor Statistics, that's gonna be out tomorrow. We're gonna talk about that, also includes government payrolls. It's gonna provide further insight into the direction of the labor market is headed. That number tomorrow looking for about 225,000 jobs. Yeah, it's gonna be a wild one, man. We jumped to some of the yields on that number. Two-year yields above 5%, 10-year yields above 4%, nearing the 2023 highs. Boy, you got some lofty yields, man. The two years at 5.04, that was the only at 5.08 in March, so we're right back there. It was all the way back to 3.5% later that month, when the banking crisis really hit, and that's why, man, crisis is opportunity, right? What is that? Ed Young used to say that all back in the day, right? Isn't that? I should know, man. Is it Chinese or Japanese? I think it's Japanese, same symbol. I'll have to look that one up. Maybe somebody in the den can help me out. I think it's the same symbol as crisis is opportunity, and you see it, right? Banking crisis, yields dropped to 3.5%. Boom, the two-year back above 5%. Stay tuned, folks. We're coming back with our man, Kevin Hinks. We got some stuff to talk about this morning. Tigers and Tigresses get ready for our annual 4th of July, Tiger Dollar Sale. 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Welcome back, folks. We get the S&Ps down about 39 points. All the market's in the red by about a percent right now on those strong ADP jobs numbers to talk about some of the action this morning, folks. Let's jump over to our man, Kevin Hinks. Every trading day right here on Tiger TV, the TD Ameritrade Network, with fast market at 12 noon Eastern time, folks. Kevin Hinks, Tom White, the team, they got an outstanding lineup of guests. They walk you through hypothetical trade setups, talking about options every single day, folks. I've learned so much from watching their program myself. Please check it out at 12 noon. And boy, we got some action this morning. Kevin Hinks, good morning. Good morning, Tommy. Yeah, a little surprise mid-July or early July action in the markets as foreign markets were all lower. That led to our futures being down overnight. Little bit of strong economic data now have yielded over 4%. Lori Logan, head of the Dallas Fed, making some comments here that are extremely hawkish. And so, at least to start the day, you've got a VIX now at 15 and a half. You've got markets under pressure, Tommy. Yeah, that VIX. I had pulled up the VIX, Kevin, a minute before we got a jump yesterday with some negative action to kick off the day. It seems like we get another jump today approaching almost 16, 15, 60 something. I think I saw the highs there. And it's pretty interesting, Kevin. And we've talked about this before. We get the non-farm payrolls, as I'm sure you know tomorrow morning, and ADP and the non-farms can deviate occasionally. They can really vary sometimes. So we'll see what we get tomorrow morning. But boy, this is a lofty number, 500,000. It's pretty interesting, Kevin, that we come in to a Fed that has at least skipped a meeting. And I mean, the wage number is still in there. They're coming down. I think they said the wage numbers, something like 6.4% if you're staying in the same job year-over-year for the ADP and 11.2, I think, something like that, if you're changing jobs. Lowest numbers since 2001. But boy, those are some pretty lofty numbers when you're adding 500,000 jobs, you're changing jobs, you still got wage growth, and we're still dealing with inflation. What do you think of the yield conversation? As we get to that this morning, Kevin, you got two years spiking, you got the 10 year back above 4%. What do you think of that action? Yeah, those numbers you put out for job stayers and job changers are exactly right. 6.4% and 11.2%. Listen, I think some of the data that we got out this morning with the ADP, and again, we have to always say, sometimes the correlation between this number and the job's data is not always perfect, but this still shows a trend, and here's why, Tommy. If you break down where the jobs came from, leisure and hospitality, once again, leading the way with 232,000 jobs. I mean, that is a massive number, but that's the category that's been strong all along in keeping the labor market high, and that's what Lori Logan, what was making, she made some comments starting about 7.45 Chicago time, 8.45 Eastern, and that's what she was saying, and sure enough, Tommy, leisure and hospitality was strong. If you look at the size of the companies, small companies, 299,000 jobs, that's one to 49, 50 to 499, 183,000 jobs, and large companies, Tommy, lost 8,000 jobs. So what an incredibly interesting turn of events in the labor market, but Jerome Powell, some of the comments Lori Logan made were as hawkish as I've heard, she thinks it would have been appropriate to raise rates in June, and she's skeptical about the lags. Remember, a lot of what the Fed was talking about after pausing was the lag that they wanna see come in. She's skeptical that the lags are gonna even work for higher rate hikes, and so she's talking extremely hawkish and yields now sitting over 4.04%. That's gotta have put some pressure on stocks. At least to start the day, Tommy. Yeah, it's wild, man. When I put it, I got it up here on a three-year chart going back on a weekly basis in the thinkorswim platform, critical areas, as we all know when you're talking about the 10-year, back to 110.18 right now. I got a low print last year of a 108 handle in terms of price action on the 10-year, but we're right back to near those March lows, man. Pretty wild, back over 4%. The two-year, I saw this morning, Kevin, during the banking crisis, it went from 5% back to 3.5% almost, and boom, just like that, we're back to 5%. So wild stuff. I wanted to jump to Facebook for a moment, if I could. Did you see the action on threads last night? What do you think of the action on Facebook with maybe getting in a little bit of Twitter's business over the weekend? Yeah, competition, Tommy. Competition coming into social media, meta-threads is what they're talking about. And yeah, the sign-up has been incredible. Why? Because if you're an Instagram member and that pool of members, they make it incredibly easy to sign up for threads. And so I think you're seeing a massive move towards meta, why? Because remember, think of all the customers that meta has and are already comfortable within their Facebook, Instagram, WhatsApp, Universe, and now they're just adding. So what Mark Zuckerberg has always been best at is taking the competition and attacking them. Remember, Instagram Reels is just an attack on Snapchat. That's all it really is, right? So Mark Zuckerberg is really good at finding out what the competition has and attacking that competition, using his massive pool of subscribers to do that, Tommy. It's a real competition for Twitter, for Blue Sky, which is another thing Jack by Jack Dorsey from Twitter that is showing record traffic. So true social, there's a lot of competition now in social media, Tommy. I appreciate the comments, man, and it is interesting. And I was one of those people last night, man. I'm on Instagram and I hit a few buttons and yeah, I started a threads account, why not, man? And yeah, it'll be interesting. You know what else is interesting, man? That meta chart, because we're talking about, I pulled it up on the Thinkorswim platform. It's a one-way trip from 88 bucks to pushing 296 meta, even on a day like today where we got markets down about 1% still holding on to some small gains. With that in mind, Kevin, we got, of course, some big economic numbers, but we're in a little bit of a lull before we kick things off on earning season yet again. Do you guys have some equities you'll be talking about on Fast Market coming up at 12 today? Yeah, this is a great day, the time of year to do themes, Tommy. And so what we're talking about now is housing. So we'll cover Home Depot, like Bolio will do a presentation on Lowe's and basically Home Depot. And then we'll look at Toll Brothers, one of the home builders. So all things, a housing theme today on Fast Market as what Lori Logan just mentioned, housing is showing bottoming and recovering. And that could also work against inflation. So we'll cover housing today on Fast Market. Remarkable markets, man. I appreciate you taking the time, as always, on a busy morning, man. And boy, it's always wild when we talk to you on Thursday. It seems like it's gonna be months before we talk to you on Tuesday with the amount of action we're gonna get. We get non-farm payrolls tomorrow, man. We look forward to talking to you on Tuesday again and we'll be watching at 12 o'clock today, man. Have a great day, Tommy. You too, Kevin. Folks, check it out. Every trading day, 12 noon Eastern time, right here on Tiger TV from the TD Ameritrade Network, Fast Market, Kevin Hanks, Tom White, the team at TD Ameritrade Network. And I say it every time I talk to Kevin, folks, but I've learned so much, watching his program over the years. Even if you don't trade options, check it out. You can learn a tremendous amount about the markets, even if you're just an equities trader, by understanding options, how they're priced, how they move, all of that stuff. So check it out at 12 o'clock and you heard it. They'll be talking about some good stocks, Home Depot, Lowe's, and then a little Toll Brothers, and yeah, Metta. We'll talk a little bit about threads when we get back as well. Stay tuned. We'll be talking markets, folks. We're gonna get the opening bell. Markets, down about 1%, we'll be right back. Building wealth trading in the stock market seems impossible to most people. They think it's too volatile and risky. 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For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks. We got meta shares, Facebook, Instagram, WhatsApp, and now threads included in there, trading higher by about 1% on a day where you get the markets getting smacked. Boy, the only thing I'll say is a lot of optimism built into this chart when you just traded a triple-bagger over the period of about eight months on meta shares, you have basically gotten back their entire collapse from January of 2022. Now, remember, some of those tech stocks, really trading low, started peaking into September 21. The market really peaked as we came into the beginning of 2022, right? But some of those fang stocks in particular had peaks in the middle of 2021, but nonetheless, man, it was big numbers. I found myself signing up last night, and yeah, Twitter is in trouble, folks, period. End of story. Zuckerberg, he's got his first tweet out there in like 12 years, and that's his tweet, a little pun, a little play on a meme of sorts. Elon Musk loves his memes, if you're not familiar. And so Zuckerberg, he planned that one out pretty good. I got a kick out of that last night. Now, he hasn't tweeted in like 11 or 12 years. He throws this out there last night. The point being, guess what? We're launching threads. We're gonna be just like Twitter, man. You can use threads. Why not? If you've got a problem with Twitter. And I can't even keep up with the news of Twitter going on right now, folks, in terms of what now they're talking about, you can view 600 posts, you can view 6,000. I don't even know. There were so many headlines in the last week or so for Twitter that I can't even keep track, but they don't seem like they're great headlines. And listen, growing pain's gonna be there, okay? Musk is playing some type of a long game there. He's not playing to turn this thing around in three weeks. He knew he was going in there. He knew he was probably gonna got at least 75 to 80% of the workforce. He knew he had to change the culture completely and he knew he had to change the business plan completely. But threads is real, man. I was in there last night. I signed up for it. And as Kevin laid out the case very well, they have the power between, and I think they got like 10 million people. Is that what this headline says? No, that's the tweet. Yeah, this isn't a new Instagram Bible. Okay, I think I'll find the article. I'm pretty sure we're up to at least about 10 million signups. It was 2 million signups within the first couple of hours. Musk had a reply, I guess. Yeah, it's gonna be interesting nonetheless, but you see how things can change so quickly. And what I always didn't quite understand about Twitter is that it's kind of a deal where like your first to market, with that the market's even continuing to roll over. There's nothing that special about Twitter, right? And it's not the same as Facebook or Instagram or the algorithms or the new content. And this is my opinion, okay? But Twitter is simply a platform to post tweets. And it just so happens that the world wants one place that they can go to find out what everyone's talking about. So you need to be the forefront leader. Twitter was, by and far, the forefront leader. And I'm not so sure they're gonna be able to maintain it. They probably still are. But boy, you got people coming for their lunch in quite a big way, and Threads is probably gonna be the first real attack, man, in terms of, I mean, there's like, as Kevin mentioned a couple, right? I think there's blue skies, that the one from Jack Dorsey, I know some of my friends use that. You had to get on a waiting list at some point to use blue sky. They have masted on, I think is another one that you can use, the people who are leaving Twitter, they're on masted on. It's very hard to tap into that market as a newcomer, okay? Even with the turmoil going on at Twitter. But boy, Facebook seems to be capitalizing. We've got the market selling off on the jobs front and inflation front. The only thing I'll say about it, folks, is that boy, you got a lot of optimism built in, man. We jump over to the Analyze tab. We jump over to Fundamentals. You jump down to this company. You are at $753 billion. And yeah, this company was at like 250, right? What was the load? 220, 240, some like that. You were at 80 bucks, 80, 160, 240. Yeah, so you were at about $200 billion market cap. And just like that, you're back to 750 or 800. As it seems like they've righted the ship, right? Looks like Musk is not gonna spend all their money on the metaverse just yet. It looks like they're willing to trim the fat as they've cut jobs. And now, yeah, they have new products that they're competing with. And Threads is probably gonna be a competition, man. To say the least, I'll see if I can get my account up there later in the show just to give you a glimpse. Like I said, there's nothing special about Twitter, right? I think we all know that in terms of the core business. Musk wants to make it the site of all sites, right? The site of everything. You can do everything. They're talking about payment processing. Musk wants it to be one of these apps that dominate Asia where you can do everything, all of it, all in one app. We're seeing how hard that is to play out in real time, folks. So nonetheless, MetaShares, though, flat on quite a day to the downside of the markets. And let's jump back to this S&P and see how we're trading. You put it on a five minute. Continuing to drop, 44.36 in the markets. We were at 44.65 coming into that number. So you drop about 30 points on the jobs number. We were already 17 points in the negative. And yeah, all I'll say is be careful, man, because boy, we got some numbers in yields, man. Now they get a little pop there. That might be a bit of a reprieve. Dollar index pulls back. So that's interesting. Markets continue to drop like a rock, right? Interesting action. See where we are in yields again. Yeah, the 10 year, one, 10, 20. There's your two year action. That's quite a bump for the two year as well. So yields claw back, some of that move. Meanwhile, the market continues to drop, man. It's gonna be an interesting one. Let's jump around some of those commodities real quick. You got gold. Yeah, as the dollar moves, you got gold back to 1917 this morning. And silver recoiling a bit to about 23. Let's check in on some of the fang stocks as we got some negative market action. Apple shares down about a percent with the market right now to 189. You got Microsoft shares. Yeah, Apple under $3 trillion yet again. They're at a 2.9 handle again. Microsoft down about 410th percent. They were higher in the pre-market. Google shares down 2.1%. Watch out on Google, man. I keep saying this one. Folks, there's nothing like YouTube. I say it all the time, but there's also nothing like losing the monopoly. Haven't seen many of those. We rise back to the 618 and we've rolled over a bit right at that 618 on Google from 126. We're trading by more negative than the market this morning down about 2% for Google. Speaking of Mr. Musk, Tesla shares down about 2% as well. We jumped to some of the AI poster boys. NVIDIA down about 1.5%. Boy, we got some lofty runs, man, in some of these equities, right? You check it out. I talked about it before. Apple shares adding like a trillion dollars in market cap this year. Microsoft adding almost that amount itself. $800, $900 billion, Microsoft added. Point being, then you jumped into NVIDIA, et cetera. Some of the run they said, what is it, the magnificent seven Tesla shares. Meta continuing the run. There's a lot of optimism built into this market right now. You could say Meta living up to it with something like that with threads, et cetera. But boy, we start to really get a rollover, man. We start to really get some conversations of the economy. And it doesn't even have to heat back up, folks. And Kevin put it well, the talk of the lag, right? Remember the talk of transitory because it's somewhat similar, okay? You had the brightest minds in the world, arguably. I'm sure that can get a few excited out there that don't agree. But some of the brightest minds in the world in terms of the officials of the Federal Reserve, okay? Talking about transitory for the better part of a year, turned out to be not a factor. Well, now everyone's talking about lag, right? Sometimes it just doesn't play out like the history of books say, man. There are a lot of influences going on. Services are on fire. I was at the beautiful Vanoy, my dad over the weekend. Now, boy, let me tell you, man, hotels are always expensive. It seems like extra pricey in terms of what prices are now, especially when you're talking about services or travel. Stay tuned, folks. We'll be right back. Tigers and Tigresses get ready for our annual Fourth of July Tiger Dollar Sale from now until July 7th, you can receive a 20, 30, or even a 40% bonus when you purchase Tiger Dollars. Tiger Dollars are automatically applied to your account and can be used for all subscriptions and purchases. Don't wait, this sale ends July 7th. Visit TFNN.com today to purchase Tiger Dollars and receive a 20, 30, or even a 40% bonus. As an added bonus, every order comes with a special TFNN mug. Happy Fourth Tigers, TFNN, educating investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. 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A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the fund 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. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Back folks, we get the market and negative territory, S&Ps, right near the session, those right now, you're at 48 points at 44.36, we get the NASDAQ 100 trading off 190 points, that's one and a quarter percent of the red, 15,170, the Dow off 1.1, and how about the Russell off 1.5 percent? We jump back to yields to see how we're moving right now, the tenure. Little bit of a recoil, recoil, excuse me, we're still talking about right at about 4%, let me pull it up, excuse me. Yeah, 4.03 at this number, man, 110.20, the yield on the tenure as we get the tenure, jumping above 4%, we got the two year, and about 5%. You talk about remarkable action, man, and yeah, jump back to the two year, okay? And we put things back on a daily. I mean, check it out, right? What a trade if you'd say to yourself, hey, guess what, it's not over yet, man, this banking crisis isn't gonna change what's happening, okay, it's not gonna get the Fed out of dodge. That is the banking crisis, spiking the two year up to 104.05, and just like that, folks, we just got below that number, absolutely remarkable. You talk about the turnaround. That is a move, folks, on the two year yield, from 5% to 3.5%, and back to 5% on the two year as we got higher yields coming down the line. We have a Fed meeting in 20 days, and yeah, it's gonna get interesting, man, as we get some Fed speak as well, as Kevin was mentioning, to kick things off, so it's gonna be a wild one. All right, and what else do we have going on, folks? I hope everyone had a good July 4th, and we got the July 4th sale. This ends tomorrow, folks. Friday, July 7th, that's the last day. I can't believe tomorrow is July 7th already. We have doubled the normal bonuses that you get with Tiger dollars. Now, if you're new to TFNN, okay, we do these sales about two times a year. We usually do one in the middle of the year, maybe around July 4th, as we've done previously, and then we usually do one around the holidays, okay? Things change, but that's usually what we do. If you're familiar with it, then you're familiar. You know that's usually how it goes, so the next sale won't be probably until the holidays, if that's what we do, but you can get Tiger dollars all year round, folks. So current subscribers out there, you don't have to wait six months if you run out your Tiger dollars. You can always purchase them, okay? They're always available under the services tab, and usually you can get a 10, 15, or a 20% bonus, okay? But for these sales, we double the bonuses. So now you can get a 20, a 30, or a 40% bonus on your purchase. They never expire. They're always available in your account. Once you apply them to your account, they're used automatically on every transaction going forward. So what that means is, you know, if you're on a monthly subscription to any newsletter, the Gold Report, Market Insights, mastering probability, the opening call. Every month, those Tiger dollars are automatically deducted instead of your credit card for your payment, for your monthly subscription. If you're on a six month, if you're on a yearly, let's say you're on a yearly, if you're on a yearly, and let's say you have 500 Tiger dollars, you have 600 Tiger dollars, you have 800 Tiger dollars, and you have a yearly charge coming up for a newsletter that's a little bit more than that, the system automatically applies all of your Tiger dollars first, and then the remainder uses your credit card. So that is automatically used up. You lose no value on those Tiger dollars, okay? And you can get a 20, 30, or 40% bonus on your purchase. And yeah, you're either talking about, you spend 500, you get 600 Tiger dollars, that's $100 bonus, or 20% on what you spend. You spend 1000, you get 1300 Tiger dollars, that's a 300 Tiger dollar bonus, or 30%. If you spend 1500, you get 2100 Tiger dollars, that's 600 Tiger dollar bonus, 40% on your purchase. And yeah, like I said, they never expire, the sale runs through tomorrow, and you also get a TFNM mug. I gotta get my TFNM mug away, and I'm drinking it all the time around the house. I haven't had it in here the last couple of days, I'm gonna get it in there tomorrow for the last day, but yeah, you will get a TFNM mug mailed to you by the mail as well. But the real value there, folks, tremendous value. If you plan on signing up for anything in the near future, if you plan on attending, I know Larry's already talking about potentially another live trading webinar coming up in August. Any of those webinars we do, Basil, Steve, my dad, myself, they can all use Tiger dollars, every subscription, every service. So please check it out, we do a couple of them a year, and this one ends tomorrow, July 7th, July 7th, man. Can you believe we're in July 7th already? Time is just flying, as they say. And look at these markets continuing to fly right now, for sure. S&Ps down 45, it's gonna be an interesting one in terms of how we commit today, how we commit to tomorrow's non-farm payroll numbers. And it seems like this market, and I don't wanna call it price for perfection, but boy, it seems pretty close, man, in terms of how you're priced in there. When you're sitting at 4,500 from 3,500, and meanwhile, we still got inflation raging, folks. We're still adding 500,000 jobs. Now you could have things, obviously be different for non-farm payrolls tomorrow, but I would pay attention to yields, I'd pay attention to the dollar, and no matter what you do, okay? Take a look at that two a year, okay? Yeah, we have a little bit of a recoil, but folks, since about May 4th, okay, we had a double-bagger here in terms of one acceleration from May 4th to May 26th, that was a move from about 103.25, we'll call it, down to about 102, so almost two full points. And then what did we just get? We just got a move of about two full points again. So maybe that's your A to B, C to D projection, that brings you right down to the low, so we'll see where you go. It's gonna be a critical area, man. We get some critical data tomorrow with the non-farm payrolls. Make sure, excuse me, one second. Okay, wanted to make sure my screens were still up. Yeah, so it is a wild one, to say the least. All right, let's jump around to some of the other equities with news this morning. Ford, Ford's US sales jumped 9.9% on big gains for his F-series trucks, quite a number, man. They reported sales of 531,000 vehicles from April through June, up from subdued results a year ago, EV sales during the quarter declining as supplies of the Mach E were short. It'd be interesting, of course, those electric vehicles as well. Ford shares down with the market down about 1.5% today on that number. Let's check around to some of the airlines. We talk about services, right? Delta a little bit low with the market this morning, down 1.2%, United down as well. We jump to the cruises, cruise ships Carnival down 3.3%, Norwegian down 2.5 as well, Airbnb down 3%. Marriott shares down about 1.3%. Let's check out some of the banks this morning. J.P. Morgan off 1.5%, Bank of America off 2%. It's across the board, man. Well, as far ago, off about 1.9%. City off 2.3%. Yeah, gonna be tough to find a bid today, man, with this market priced for so much optimism. I mean, you think about it, right? Even an armed mercenary army muching on Russia couldn't slow this market down, pushing 4,500, but guess what might? Maybe the Fed will, as we ramp it back up possibly, strong numbers from the ADP. We get an out-of-farm payrolls tomorrow. One more segment, folks. Stay tuned, talk about some of the other equities we got going this morning. We'll be right back. TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. And now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders. In the Tiger's Den, 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 Den 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. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. 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. TFNN.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. 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For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks. As we speak, we got markets making new session lows with the S&P off 51 right now, trading at 44.32. You got the $3.76, NASDAQ 100 off 216, and we did get a spike to above 16 of the VIX. We're trading at 15.78. And we got a caller on the line. Is it Fish from Riverview? Good morning. Hey, Tommy. Hey, man, what's happening? Good. Hey, bud, I have a question for you. What's going on? On this show, your dad was talking about high volume lows. OK. And I just wanted to talk about that on the, maybe you could talk, speak to the spy or the QQQ, and I'm also looking at SOXS. But my question is, and I'll hang up and listen, did we blow through those high volume lows with volume, or did we have one low volume that could be a buy? Which lows? What day are you looking on a daily? What are you looking at? The spy or the QQQ, maybe. Yeah. And what low are you looking at? What number are you looking at? No, that was my question. I don't know which high volume low he was talking about, because he was talking about it could go hit that high volume low and then go up from there. But maybe it blew through there. And maybe you talked about this earlier. I apologize if you did. No, I didn't. And I didn't catch his show yesterday, all of it. I was traveling a little bit. Normally I'm glued to it, even with Tommy on my back. But I didn't, man. So the best thing to do is give him a call if you can this afternoon, man, even if because I'm not exactly sure what number he was referencing out there. I'm not sure. I wouldn't want to jump to it, all right? But I appreciate the call, man. Thanks, bud. OK, thanks, man. Have a good one. Yeah, it's a wild market, man. We got some. You'll wake up one day and there'll be 30. Thank you. I appreciate it, man. Listen, that's something everybody should keep track of, man, time is crazy, folks. So enjoy every day, for sure. There's a lot. Thanks so much, fish, man. Have a great one. There's so much truth, folks, to mindfulness, right? That mindfulness movement. Stay into today, because today is all that matters. Tomorrow, when you get to tomorrow, tomorrow will be today. And then you can worry about tomorrow, tomorrow. Worry about today, today. Worry about tomorrow, tomorrow. Worry about the day after that, the day after that. Stay true, folks. We got basil up next. We got markets in negative territory. Don't forget about those tiger dollars. Go check them on the front page. That's sale ends tomorrow. See you tomorrow, folks.