 Welcome folks, this is Tom O'Brien at 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 growth, hope everyone's having a great day, safe day, it's making a great night folks, and a great week, we got a short week coming up here. To begin, a great relationship, know what you want. Know what the needs of your body are, what the needs of your mind are, and what fits well with you. There are millions of men and women, some of them will make a good match for you and others won't. The two years only to be like a key in a lock, a match that works. Market wise, let's take a look at it out here. We have the Dow Industrial's down 126, Nasdaq's off 79, S&P's down 25, gold contract up $23.90 at $19.72 an ounce. We had Silver up 60 cents, $25.59 an ounce, LightSweep crewed off $6.50, up $6.23, $100.52 a barrel, notes and bonds. Ten year note, up 26 ticks at $1.2018, the 30 year up 15 at $142.17 and $Kingdala. Kingdala's up $348 ticks, trading out here at $100.280. Euro is out here at $108, yen is at $125.39, the British pound is at $130 to $1.00 US dollar. iPhone number's 877, 9276648. Give us a call folks, wonder what's going on in your world and the world of the S&Ps, let's take a look at them. What do you have? Well, you have a market folks that gave it up on price in an incredible way, but guess what? My take, you're in a bear market. What you're gonna do here is that when I just did the update, by the way, it didn't look like we were gonna get the volume on the spies. We very well might get the small volume on the spies for an ABC structure down too. And if that's what we got, bottom line, we're gonna go after these lows. Right now you're 437, 410 is game. On the cues, we're gonna get it all. The cues are gonna, that, let me see, is probably confirmed to ABC down already. We only need, we're 59 million, we need 66. We'll get 66 in the next 15, well, probably 10 minutes. That sets up a 317 number and 317's the bottom. And I suspect the way this is setting up to, see what happens on the cues folks, check this out. Now this is gonna be cool, so I'm gonna give the bullish and bearish here, about will you get a bounce out of this. So you see this, we had one gap that was laid out last week, you're gonna get another gap that was laid out, or two gaps on Monday or one on Friday. They don't come in twos, folks, they come in threes. So I suspect what you're gonna probably see is you're gonna probably see it tomorrow morning to gap down. Now if that's what we get, if we get three gaps down, and you do go after this low and you test that low with light volume, I, you very well could basically get, close all those gaps again. That'd be the good news. Now the bad news is this, whatever way the market gaps like this and we're in a downtrending market, that's where the market wants to go. That's how this works, okay? So what I have seen, if it's a three gap play, you get, if you get the second, the third gap, bottom line many times you'll go back and fill them up and then see you later again, which could make sense. Bottom line, it's a rough market. You gotta take a look at the gold contract. Gold contract has caught a bid, has the volume behind the move and the magic price here in gold is to close Elva 1972 or right at 1972 right now. You had 161,000 contracts today. I'd like to see a little bit more, but yesterday you did have the contract volume that came in. Yesterday we came in with 184,000 and you didn't hold price. And what you can get out of this is this. You know, I've talked about this many times that when you get to a price, higher price, and you have the volume expand and you don't hold price, most times you go right back to upside and that's exactly what we're seeing out here today. There's buyers in the gold market in a big way. And the amazing part about it, there's buyers in the gold market when you have King Dala laying out here, at 100.289. So King Dala, bottom line once again, looks like it's going after this 102 to 103. It's a big number. If we do take a look at the bank earnings are coming out, let me tell you, this is something folks that you can really understand technically and fundamentally. So technically you take a look at J.P. Morgan, okay, J.P. Morgan bottom line has just gone in six months from $172 to 130. My take, this thing's going a lot lower. When you take a look at this, and this is going to be a problem, right now J.P. Morgan is below where it was trading pre-COVID. Pre-COVID, it got to 141, we're at 130, you get a high volume swing point down here. Looks to me like J.P. Morgan's running down to like 105. So it's a big number. And what does that say? That says two different things. What has happened is that, yes, the rates have gone up but the spread is not there because what's going on, the yield curve is inverting. That's the first one. Second one which I think is more important which the market is recognizing is this. The bottom line is that who is going to have a bait and suit on because the tide's going out. And when everyone's naked, not everyone, but it's going to be a lot of people naked. What I mean specifically by that is that there are going to be a lot of loans that the banks are on the hook for, that guess what, they are going to go south. That's what this market is saying right now because the banks' bottom line should be higher. And when they're not higher, guess what? That means they're going to be losing money. And the thing that is amazing, there's no doubt when you just take a look at the PE, you're talking about a PE of only 11.65. Well, at 11.65, we've been running like a 15 to 20 PE in this market, folks, okay? So that's saying quite a bit. We got to take a look at the MDX 100, I mean the IWM, the small caps, same set of setups. Small caps also setting up an ABC structure on the way down. It won't take much either. I suspect tomorrow you're going to do that jump. You can see, if you set this up at the lows, you can see all the volumes at the lows in the IWM. And the IWM, and the bottom line is you're down from 244, you're trading 196, and that also wants lower price. So big numbers coming at us. This is the type of bear market that you have though. You're up, you're up, you know, in a monster way. You give it up on spades, they just keep sending it out. Send that paper out, sell that paper, sell that paper, give me that cash. Dow Industries right now, Dow 174, and Aznex off 92, S&P's off 30. Stay right there, folks. We got our man, Mr. Basil Chapman, coming up next. Gonna give us that update. And of course, you guys that come over to TFNN, Basil's gonna be doing a workshop tomorrow for all the subscribers. Very easy to get into that workshop. We'll talk about it as soon as we come back. Stay right there, folks.