 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, looking good Billy Ray feeling good Lewis. Well folks I posted the chart for the footsie and also for the Dax and as you can see it's a bee equal CD Let's talk about something that's important folks last night. I got a phone call from my friends down in Kentucky Newport centers and Jeanette Sims. They run trade thirsty. It's one of the larger websites for traders And they asked me if I would make a contribution to the people in Mayfield, Kentucky And I said, what did you have in mind and he said how about your profits for today? And I said, okay, send me five hundred dollars. I didn't say that but yes, I did and it turned out to be a relatively good day, but The main reason I'm going to try to chat with you here for a second is two-fold 1948 we had a terrible terrible tornado and I've set through three or four these When I was a youngster there in Indiana and my sister was four and I was eight We were my grandmother's house in Clinton, Indiana just north of Darrow about 12 miles where I was born and We were in the cellar where my grandfather made salami and cheese and they lost the house the roof was taken off Most of the stuff was destroyed. It wasn't much of a house anyway But it was destroyed the neighbors helped build it up over a period of few years The reason why I'm weaving this little story around because that was the most scared I've ever been in my life My sister called me To remind me about this situation when she was she still remembers it and I I do too, but anyway 20 years ago, I believe it was in Christ Church, New Zealand They had a terrible earthquake and we have several friends from that area as did Larry Williams and Larry Williams Myself and Bob Minor and a few other people got to get Mark Douglas got together We put a seminar together for the folks and donated all the money from the seminar to the Christchurch people They amounted to a little over seventy thousand dollars and so what I'm going to be doing now is I'm trying to figure out a way To raise some money for the people. I'm not put your hands down folks I don't want any handout or anything like that But I'm trying to figure out something that we could do to help them now One of the things that I was thinking about this morning is I made a few phone calls to a couple of people that are very very Rich and very very genuine generous and they already paid thousands of dollars To the organization to get it going but folks these people have nothing unless you've seen what a tornado can do I mean, it's nothing like what an earthquake the only thing that could be worth worse than a tornado And I don't know if there is anything worse in tornado would be a flood or a you know a fire that destroys everything But we'll try to figure it out, you know how we can help these folks When I was at Drexel Burnham during those years December, I'm not this is This is the absolute truth folks in December if you had made your quota in December, you know You weren't going to make it that was basically the bottom line and you were you were told when you went to work for Drexel You're going to give five percent of the money that you make to charity Just get you get ready for it because it's coming and so that was a that was just a status quo And that's what we did. I actually did a little more than that But I you know when you're making a lot of money, you know, you got to give some of it away folks You can't you can't take it with you got to help some people along the way and these people have nothing I watched a little bit of Fox News last night and I saw these little families that were just You know just literally I guess I get a little too choked up and stuff But anyway, we'll figure out some way to help them But if you do if you do want to give something, you know, let me know and I will forward it on to him Or you can go to tradethirsty.com and Hubert centers and Janet Sims I probably have a link on there where you could give something I'm donating my income from them for the year to these folks And so hopefully that doesn't amount to more than 50 bucks But anyway that you know if you can help them out a little bit because these people are really really in big trouble I remember when Katrina happened at 04 we had 1800 families come in from oh shut up just a minute my my alert my alerts going off here I've got to turn it on here. Ah, there we go. That's what I wanted to see hold on just a second That booked a little money. All right. Let's move on here to a little bit here It was in Katrina. We had 1800 families come from New Orleans and when they came here They basically had nothing at that time. I had a very active Trading room with you ensign with that Leslie and Shelley Simon Leslie Juflis and Sully Scheinman was running it and I I gave a little talk in there every morning for a bit and we raised I think we raised close to a hundred thousand dollars for the people from Katrina It was one family in particular with six kids had nothing. I mean they just didn't have anything and One of the one of the car dealerships here gave him a beautiful suburban van And then we had at one of my buddies here in town had several homes They gave him a year's free rent and he was a carpenter. He was able to get a job right away They got their lives together and kids are already, you know out in the area. Some of them have grandkids I guess already but You got to give a little bit back So I'm gonna give it even if it's a little as possible you got to do something for Christ's sake these people are man They're just absolutely devastated, but I'm a little too emotional about that stuff because I've I've been so lucky folks Gee whiz. I mean I just I got to be one of the luckiest people that ever walked here I'm not I'm not rich by any stretch of imagination But if you had it if you had all the other things that I have Well, never mind. Don't make any difference. Let's move on to the markets Speaking of what a one of the trades for today was this one right here? I was watching the wheat market and of course, you know, I do like the 382 retracement Look at this beautiful 382 retracement folks stopped right there at seven 79 we're now trading at the 1.618 level at 758 the risk on that trade was about four cents. It's made 23 cents So that's the kind of thing that I like to be looking at the other thing that I mentioned I I do these videos every day for the 24 7 folks. Oh, by the way, Jeff huge from alpha insights will be our guest today And he'll be he'll be coming on at the half hour But one I when I do these videos what I try to do is set up strategies that you can use for yourself because I can't send Things out immediately, you know when they're absent, you know when they're actually happening I mean it because by the time you get them, it's 10 15 rooms late Maybe even longer and you can't you can't do it's what I try to do is to set up a Situations if you see this happen do this so that that's what I try to do and sometimes it works You know, sometimes it doesn't but that's that's neither here nor there now I wanted to go and bring back one of March charts from yesterday And that was the Palladium that we were talking about I do have these charts now if you if you want those I I can put them into a file and send them out to you So you'll be able to take a look at it But Bart will be one of our regular guests from now and we'll have him on every two weeks because he does some really good stuff and And he's incredibly talented at what he does He's happens to be a pilot folks and anytime I've ever had a pilot as a student and I had all four of them I've had see I had John Bart Bucky and Jeff all four of them all that whole group of f-16 pilots Let's try that again Larry f-18 Navy pilots and I had them as students and they're all still trading Let's let's talk just a little bit about the Palladium. I'll be right back. Wow this holy cow will be right back 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? 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I posted the chart of palladium don't trade it I never have but people watch it. I have a customer that's heavily involved in it And you'll notice that the low today on that chart was I believe 1911 It's now rallied $50 off that level now You notice on the way down and hit those three eight two retracements all the way down Remember those folks because someday maybe not in my lifetime But someday there's going to be a correction in the stock market And you're going to be able to see these numbers working, you know good tandem now today We had the federal preserver out there doing their preservation stuff for us And you want to watch these numbers because if we get a very good number We should have some really strong resistance in the s and p 500 at around the 343 level In that ballpark now it's there's a possibility that we're making a little bit of a low here Let's see if see if I can remember to bring this up and there we are right here Here's where we are right now Just get this up Right now and then we'll be able to see we should be looking for a low down here right around noon And then we have a rally back up now that number on the far right up there You see 18 39 that has nothing to do with price folks. This is all time related Just forget that number. It just happens to be how they measure price But that has nothing to do with the number that's important Is 13 46 43 that's the number Let's keep that in mind All right, we will have jeff huge on it to break hopefully and that's something that we certainly all want to hear But anyway, we'll watch that very very closely as I always say that when I said holy cow folks That goes back to my days of watching uh And listening to the radio with the mel allen and the new york yankees and stuff. He would always say holy cow And I think dizzy deans had something a little more crazy than that Now I wanted to bring some of these commodities to your attention because these are right from the newsletter that we write each week And I I think some of them are you know, you'll be surprised at how well some of these things actually work now I just did these I updated them this morning These were remember these were done on sunday saturday and sunday and I send them out sunday night But you see the 61 retracement there and heating oil it's dropped from 228. It's dropped over eight cents That's around 3500. You can see that's a beautiful 135 pattern with a 382 and a 61 retracement And you don't have to worry about the fundamentals or anything. You just look at that stuff and say, yeah, maybe it works And maybe it doesn't and folks I keep this stuff as simple as possible And that's the only way I can work because I first of all I'm technically challenged as you all know And so I keep it just as simple as I as I absolutely possibly can and it works for me It works for others But it doesn't work for everybody the key here is it doesn't now Here's one that we we talked about several times here and that is copper now Copper is signaling that something's not right here folks Now you'll notice here. Hold on one second here We might have someone calling in might have got in here We have Robert from Kansas City, Missouri. I know Kansas City, Kansas on the line Robert. How are you? Great Larry. Thanks for taking my call Well, you were very lucky. I don't know how you got in there were 12 people ahead of you, but you snuck in So good luck to you today. What can I do for you Robert? Well, I was going to see if you could look at have you covered oil and natural gas today I have my apologies No, no, no, there's nothing to apologize. I will cover it right after I there's one of those things that I had to Cover. I think I have it right here. If I'm not mistaken. I did I did the Heating oil, but I haven't done I don't think I haven't put crude up yet And I did have natural gas I have a kind of a specific question about Sure, us so because I you trade the teachers and I don't I trade the more the ETFs, but on us so and which tracks crude oil Correct, do you have the chart up am I hitting you cold or No, the problem is is with this new system that I have I'm not able to put the chart What I have to do is I've got to go in I've got to change settings To make the chart of certain size and I come back and re-change it But I will do this when the break comes up I will have that chart posted before Jeff gets on the air. It only takes me about three minutes But during this time, I really don't have a chance to do it But I'll put the us so up with the things that we should be reaching some type of a bottom here In the crude oil, we're almost at the 382 level That comes in right around 69 dollars a barrel. I think we've been as low as 69 40 today And I'm watching that level 69 very very closely. That's down, you know, like six dollars from my 16 dollars from high So I think that that's something that you have to watch Well, and so I guess I'm looking at it a little differently and I wanted you to Kind of Give me your thoughts on this Well, I guess I'm looking at it as you know from november 26 down to December the third is that kind of the a to b leg and then from December 3rd up to December 9th was at the b to c and now we're on another leg downward. You should not see it that way I will tell you what I'll do you just send it to larry passavento at gmail.com And then right after the show I will forward that chart right out to you so you can take a look at it How's that that way? You'll be sure to get it and uh, it only takes me a couple minutes I'll be more than happy to do it for you. So Is that a sound okay? Yeah, yeah, that's that's okay. Thank you. All right, you bet Thanks for calling your heart and happy holidays to you too And in fact is I'll include all the charts from the futures part of the newsletter In that so you'll be able to see what we're watching on some of these things But I do believe the crude oil is getting close to a bounce now How much the reason why I'm bringing these commodities up and I only got a few more to go here Is because of the fact that we are looking at something that We'll put hogs up here next, you know folks what they're telling us about this inflation stuff Is about the same stuff that they told us about the negative interest rates. Okay I mean sure there's some supply chain problems and stuff like that But the thing is kids not getting christmas presents and everything go go on amazon or go order something And see how hard it is. I mean it's so simple. It's unbelievable. There's nothing back order that I can see I've looked at electronic stuff Apple stuff. I mean it's just everything. I mean it's it's there. You just have to buy it. I mean, maybe it's a little bit more expensive You know, but it's there. There's not supply shocks and stuff like that. So I I'm getting so Frustrated with the news that I just don't know what the heck to do So I'll just move on and look at another chart here that we want to pay attention to This is another one here. This is sugar. We'll put this in here for ruby because She's always looking at it. This was the one we put out You'll see there was a beautiful head and shoulders perfectly symmetrical the right shoulder To the left shoulder right on the money and you can see here We've broken down, you know, well over 800 on the first move here And we don't know where that next move is coming But it should come down to at least a thousand dollars off of that right shoulder that would take it down To right around just under 1900 and 1899 So that's one that we're watching remember when you're looking ahead and shoulders pattern folks The right shoulder must be equal or lower than the left shoulder if it's higher It's not a valid head and shoulders pattern You can't do that. That's more like the hunchback and order name You don't want that one You want the one with a right shoulder is lower than the left shoulder? And that's the one that gives you the key to looking at we did that one I believe, uh, I don't know if I sent I did the cocoa chart already. Hey, we'll be right back with Jeff huge. Hopefully Alpha insights will be right back folks Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the tiger's den trading room only at tfnn.com The tiger's den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with the sharpest minds in the trading world Subscribers to the tiger's den are also the first to have their questions answered live on air And can privately chat with our tfnn hosts live during their shows Interact with other tigers and tiger's as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the tiger's den risk-free with our 30-day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you Whether you're into trading gold metals futures currencies or options You'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30-day money back guarantee for new subscribers As well as tfnn's tiger den trading room trading software and educational webinars for all trading levels And make sure you check out tiger tv for free on tfnn.com or tfnn's youtube channel for live financial content From 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich 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 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 guardleaf abc's 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 dollars a month We are so confident that you're going to 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 Okay, we're back folks and I believe we have jeff huge from alpha insights on the line right now jeff. Are you there? I am here larry. How are you? I'm very good. I'd like to say something to you to the folks out there listening I've been doing this business since 1959 a little over 61 years And I can say with 100 confidence. This is a triple a Program that this young man has built up. I've not seen any I've seen a few as good But really none any better you cover the whole gamut It's not a rich get-rich-quisk Quick see scheme reading like that, but it's really good Solid information with the technicals and fundamentals So you should be very very proud of what you do jeff because you've done a fabulous job And I can tell you I've been doing this show for 14 years and the number of times I've said something like that about somebody you can count on One hand so you should be very proud of yourself. Thank you larry and I especially thank you for calling me a young man at age Oh, I got a I got a cat 56 fluffy fluffy come over here Hey, let's talk to us about these uh hard asset things that you're looking at my friend Well, you know, we published this chart looking at paper assets versus hard assets It's really a ratio of the s and p 500 to gold And we took it back to 1970 so right around the time where nixon Took us off the gold standard, which was actually in 72 But we got the whole history here and what we've identified is four clear regimes where Either paper assets or hard assets were leading and so we saw basically hard assets leading paper assets from about 1972 into 1981 and then we saw paper assets just take off and obliterate hard assets for the next Many years and effectively from about uh all the time of the uh internet bubble peak to around the 2011 high end gold Hard assets outperform paper assets, but since that time paper assets have been outperforming it So what we're looking at right now is paper assets breaking out both from, you know, trend resistance and chart resistance And we're most we think it's most important when we get a quarterly close above these levels And it looks like we're on track to close uh with a breakout above these key resistance Stuff points which should suggest uh paper assets will continue to lead hard assets going forward Wow Well, how about the interest rates? We've got the Fed acting today. What do you think they'll do? Uh, it's hard to say. I know that the uh, uh, cacophony of economic opinions out there really favors The idea that they will accelerate this process of tapering their asset purchases As we all know they were buying about 120 billion dollars per month In a combination of treasury and mortgage securities They as of last month cut that back by 15 billion to just 105 billion per month and it's expected at the Um, uh, announcement this afternoon at two o'clock new york time that they'll double that the 30 billion reduction So we'll go from 105 to about Uh, what uh, 75 billion a month for a couple more months So that should end this entire liquidity injection by april If that in fact pays off what we're looking at is What are the implications for treasury rates at this point? This is a daily chart going back to Oh about a year ago or so of the 10-year treasury yield And it looks to us like we're setting up for a push higher. This is a classic Inverted head and shoulders base formation if it holds the prior lows around 131 And if we were to take out the 175 level with authority That would project initially to 235, but that's really just Um, the right shoulder of a much bigger inverted head and shoulders base pattern that we're not necessarily picturing on the chart here But the next big setup could take us up to around Four to four and a half percent longer term And so, you know, my conclusion here is that regardless of what the fed does It looks like the market's setting up the rates to go higher And I think an initial push to around 235 over say the next Three to six months time horizon seems like it's in the cards at this point Jeff we have a question for one of our listeners and that is what if the fed? reverses and started instead of pumping in liquidity starts taking liquidity out in a great way what will happen Well, that's that's what we're talking about here So this this reduction of asset purchases is effectively taking liquidity out of the market Um, you know by by lessening what they're injecting in now what your college probably asking is what if they Continue to pull out after they get back to a neutral point. I don't think that's a high probability But it would suggest that inflation is running rampant and with yesterday's ppi number Um, there's no question that that is a risk at this point And that's what I think the interest rate markets are telling you Rates and inflation have a long history of positive correlation And unless the fed is broken that correlation then we should see rates moving higher Okay, now you've got a really neat chart here on market analysis. So you still think the market's headed higher jeff Well, if I just look at the index the s and p500 index, this is a textbook bull market as you can see I mean it's it's uh By design we're basically looking at a series of higher highs and higher lows Which by definition is an uptrend in a very very neat Trend channel, which is one of the key characteristics of a bull market Markets tend to trend in in kind of this defined trend channel And you know from my perspective when we see you know, this is a two-year daily closed charts We're really looking at the the number that matters how the market ends up at the end of each day as opposed to how it got there We've got some pretty well defined support levels at 45 37 and 42 78 those coincide uh loosely with the 50 day moving average and the 200 day moving average and unless we were to break Substantially below the 200 day moving average I would have to say that the bull market remains intact and at this point You know the noise that we've seen the last couple of days that everybody's you know all concerned about I think is largely just you know positioning ahead of the fed's decision I think the market's set up for a move to 4800 on the s and p And in fact as we break out to that level We'll be Setting ourselves up for an even higher target price of roughly 5000 on the s and p So it would not surprise me to see us hit that 4800 before year end And I think 5000's in the cards for the first quarter Okay, I could see 4800 by years ahead but 5000 that's got to be out there in 2022 somewhere I guess Yeah, yeah in the first quarter. I think possibly even January if you think about it, Larry One of the things that could really drive money into the market is just people just Capitulating and buying apple okay apples the biggest stock in the index It's the best performing stock in the index. It is driving the market If you don't own it, you're gonna lag You're gonna underperform it that last week the entire performance in the market was apple and microsoft If you did not own those two stocks you underperformed the market last week Wow, it's amazing. Now. Hey, can you stay with us? Jeff? We've got a one more segment to do Absolutely, we'll be right back with jeff huge alpha insides folk Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. Petersburg tampa and clear water markets tiger real estate LLC is a firm that has extensive experience in the tampa bay area Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger realty has the experience across all areas of real estate in the tampa bay area to help buyers and sellers make the most informed decisions Across all price levels from the price You should be paying per square foot in certain Up-and-coming areas to the type of cash flow investment properties are capable of creating Tiger real estate can help you make the best decision when it comes to all areas of the market Before you make one of the biggest decisions of your financial future call tiger real estate llc today at 7 27 329 83 22 or email us at tiger at tfnn.com that's 7 27 329 83 22 call us today The technology around us is changing every day with so much happening that can seem impossible to keep up with all the information David whites 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 David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only $37 and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear etfs china a shares in either direction Visit direction investments.com 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 eight six six four seven six seven five two three 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 Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv That's tfnn.com then hit watch tiger tv Okay, folks we're back with jeff use alpha insights jeff. You've got a chart here that Sort of contradicts a little bit about this bullishness about The market breath. What do you see here about the this collapsing market breath? Yeah, it's my biggest concern larry and it is absolutely one of the Contradicting factors of what's happening in the index As I mentioned, you know, the index is being carried along by just a handful of stocks We mentioned apple and microsoft. We could also throw in their google amazon nvidia adobe Oracle very recently To the lesser extent facebook and netflix which had been categorized in that fang group And then tesla also has been on and off again a big contributor But you know the long and the short of it is without the that handful of big tech and you know Next generation disruptor stocks You have not been participating in the market and what this chart is really telling you of of the 2000 stocks in the net in the nyse index the nyse composite Most of them have been Not not contributing to the most recent highs in other words We've seen this fall off or a downturn in the advanced decline line And in the nasdaq which is the lower panel It's even worse the nasdaq composites made up of around 2,500 stocks and it's been utterly collapsing It actually peaked back in february And has failed to keep up with the peaks in the nasdaq 100 Which as all will know 50 percent of the weighting is that handful of of heavy heavyweight tech stocks And so you know this lack of participation is a real concern at this point and it speaks to this you know The generals are running up the hill But the infantry is retreating and eventually what's going to happen is the generals are going to follow I just don't know exactly when that's going to happen But based on just pure trend analysis We could project that the index itself does have another leg higher And that's that's typical at the very end you get that kind of a melt-up phase as everybody panics in So you're a believer of the santa claus rally then? I think it's in the cards definitely. I think the senate is there for santa claus rally Okay, it makes sense of course with the fed today. They can change all the rules Now you also have a really interesting chart here on volatility And uh, we haven't had anywhere near the volatility we had in the 2000 Market but for heaven's sakes 2008, but we had a pretty big run here is volatility over is it just getting started I think it's just getting started a lot of people have been focused on the down trend in place from the peak in march of 2020 Where there was a series of lower lows and lower highs But if you set the clock back a little further to mid 2017 what you can clearly discern is a pattern of Higher lows and higher highs And so you know that is definitely the definition of an uptrend and in my opinion volatility is now in Official uptrend and what we need to see to confirm that is another new high Which would mean that volatility would have to exceed the prior monthly close of 54 percent We're currently at about 22 percent, which means volatility's got about 150 percent upside in terms of a potential move and As we know what what the vixx actually measures is Realized volatility right and so you know what we're we're seeing is there's implied volatility realized volatility And so this is just basically a backward looking index of what has happened But there's a futures market that's also projecting just the same way and that's looking out forward Six months and we're seeing higher volatility levels priced in at this point So in my opinion, we will continue to see volatility press higher and we should get into You know the panic zone, which is going to be north of 30 percent again Okay, now we have a question for one of our listeners from Cincinnati, Ohio And that question is do you see a potential crash in the stock market either soon or Okay, all right. That's the answer Not this year next year. I do see a top in the market. In fact, we went out yesterday To our institutional investors and told them that we think the market will top In the first half of 2022 Uh, okay Makes good sense Well, listen, thank you for joining us my friend and we'll have you out again I want to wish you a very happy holiday. We'll have you on right after the first of the year And keep up the great work, Jeff. You should be very proud of what you do because It's definitely top quality. I'm very very impressed I appreciate that, Larry. And so is everybody else too For your listeners, if anybody wants to take a deeper dive into my research, Alpha Insights I'll offer a 25 discount today only to anyone who types in Tfnn into the coupon code Oh, well, that's fair enough. That's a Christmas present for everybody. That sounds great All right, you have a great Christmas. Take care now Thank you very much, Jeff. I really appreciate it and we'll have you on again Of course after the first of your Jeff huge of alpha insights Folks, what I'm doing right now is I'm trying to prepare This chart for our gentleman who was asking about the the us. Oh And I will just try to do this into one quick fell swoop here And uh, well, you know by golly, I think it's getting ready for a buy Let's just draw this in and we'll just get ready for the Next party up by golly. It's right there. Hold on. Let me get this up here And then we'll move on to just a second. I can get that up And then all I have to do is to change that little puppy a little bit And that'll get us right to where I want to be and that's right here. I have to go I have to change these display settings. That's what drives me nuts, but you know, nothing like what's going on here All right, let's move on here to one other thing here and uh, just give me one second here. There we go I'll have all this redone here by the first of the year. I'm sure we're going to have everything finished And that's what I'm really looking forward to so that I can not mess around with some of these things Oh, now it's disappeared. No, no, that's not it. Where is it? It's just just giving a break here Well, I'll tell you what since we're worrying about that I will bring up this one right now This is where we are in the stock market folks using the ai And this is where we are right now. We should have bottomed right here. We shouldn't get any belower 4602 if we go below 4602 folks That means it's going down for the rest of the day So it's got to start rallying and it doesn't have any time To dilly or dally because if it goes below 4602 this forecast is flat out wrong And you don't want to have anything to do with it. That's the main thing that you want to pay attention to So let's just get this other chart up on the us. So I'm going to have it today And I will send it out to robert from kansas city, but I there it is right here. Here we are Here's what he was asking and he was saying does I do I think it's a buy Now you notice here that we've had that big move in the crude oil We were right down at the 382 retracement now. This is trading at 50 39 Okay, now we should not get below 69 dollars a barrel in crude oil if it's any good because that's the 382 If we get below that Then I would say yes, you could be a buyer of us o Anywhere around this level 50 39, but at 49 39, you don't want anything to do with it So your risk here is one point because if if crude oil breaks that 382 and if crude oil breaks that 382 That is not a good sign folks, and I'm talking with within a heartbeat So that's the main thing to remind ourselves. We'll be right back folks 8 7 7 9 2 7 6 6 4 8 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 and 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 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 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? 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If you'll give me one second I wanted to show you one other thing here and then we will be moving on to a couple other things I was hoping to have johden aptly on this week, but he doesn't answer his phone He doesn't answer his emails and i'm surprised he answers anything, but that's the way it's going Let's just talk a little bit here about that wheat trade that we were looking at today when it was making the 382 Retracement here. I just wanted to give you a little update of what we're looking at here There was the 382 now. This is great for you know, low-risk trading interday. I use 15 minute charts Beautiful 382 retracement here. You'll notice that the price objective here was 759 seven bit roughly 759 And so what we're going to do now is just to Bring it up to date to see what's happening today This will all go to all the money that I made on this today. We'll go to the folks at the Uh Down in mayfield, kentucky. God bless them and now you can see here that we're already at 752 That price objective was 1618. You notice how we went through that 1.618 like it didn't even exist That tells you that it's going to go lower That's why you've got to pay really close attention to 4602 In this s and p folks because if it breaks that and if it breaks that That's breaking below some major major support and that's not a good thing Especially when the feds out there today and if you think the fed is your the fed is your friend I have some interesting Information on the two shares of the brooklyn bridge that I still have for sale because you will be the type of person That should buy it if you believe the fed has your back because that fed does not have your back They have their own back folks. They're a bank for bankers. You've got to remember that and we've got a festival next we've got the TD Ameritrade thinker swim and then steve rhodes is coming up and then david white at 2 o'clock and then tom o bryan Wrapping everything up folks. It's christmas season. Try to help your neighbors And live every day in an attitude a gratitude and may god bless And i'll tell you that's a saying that you all should live by because uh, we don't know how much time we have here I just found out this morning that two of our closest neighbors here In uh two son. I mean they live like two blocks away. I'll have coven They're doing okay, but that's it. See y'all tomorrow folks may god bless