 The following is a presentation of TFNN the morning market kickoff With your host Tommy O'Brien Good Monday morning everybody. I'm Tommy O'Brien coming alive from TFNN 906 a.m. Monday morning We got 24 minutes to go until the start of trading you have markets in positive territory S&Ps right now positive by just more than five points trading at 47.09 We're talking about right near a record open overnight last night to be exact Sunday evening You had futures rising to 47 23. We've gotten a little Negative action you could say over the last three hours or so the S&P is giving back about 10 points a slow trickle But still in positive territory Nasdaq 100 and positive territory as well. You have Apple right near three trillion dollars remarkable How quickly it's gotten there Apple right now up more than two dollars from where you were yesterday You actually reached 182 22 I believe the exact number to get to three trillion is 182 86 something like that it might be off a penny or two Nonetheless if it gets to 183 it reaches that level you jump over to the analyze tab We pull up the fundamentals right now you're talking about 2.98 trillion basically That price level now remember you got almost sixteen point four billion shares outstanding every single dollar that Apple is adding 16.4 billion dollars in market cap and it's only got to get about 21 billion So you see there less than a buck 50 from where we're trading at The high a 182 is we're within a dollar of that price level and man you take a look at Apple no matter where you go back Just a week ago Is that right? Yes, it is just a week ago last Monday Apple was trading at 165 You're gonna open above 181 right now Excuse me. That's just five days let alone the run that we've had you back things up to October 13th folks So exactly two months. Okay, exactly two months today's December 13th October 13th Apple was trading with a 139 handle just like that. You had forty two dollars What's that? It's about a 30% run in the price of Apple pretty remarkable in the biggest company in the world can add 30% in two months What happened to a worrisome holiday season earnings? Not so much the case Apple pretty remarkable. It's that close that quickly and even you back it up to December 2nd This stock was trading at 157. So you're talking about and 14 bucks That's a 9% pop in the last 11 days and really that's a 9% pop in just eight trading days in Apple Coming into some big numbers there. All right jumping around the commodities currencies Bitcoin right now down 200 bucks But check it out Bitcoin Open Sunday night above 50,000 and you give it back Basically for the overnight session. We're coming into the lows You're basically right back to where we closed on Friday Crude a little bit of negative action to kick off the week last night You were up in crude to almost 73 dollars this morning. We're trading at 7134 gold is flat at 1784 Gold had bat had been up to 1792 this week notes and bonds a Little bit of higher price and lower yield right now and when we look at the 10-year yield Let me pull that up as we come into a pretty important week for the Fed We're talking about a yield right now 1.46 percent on the 10-year. You see the volatility Whether it was Friday CPI data Accelerating at 130 22 you back things up on a daily in the 10-year The trend has been lower prices overall lower lows lower highs quite the pullback 1.46 percent We're sitting in the 10-year right now. All right, let's jump around to what we have an up into the market And we'll kick it off with a big week of central banks for sure When you get into it and I want to jump around to where we are Here we are 20 central banks not just our Federal Reserve So we have a meeting Tuesday Wednesday a decision from the Federal Reserve It could be interesting in terms of six point eight percent we get for CPI data on Friday But there are 20 20 central banks due to hold meetings this week Including the Fed you have the ECB and the Bank of England So yeah, we're gonna be talking about Wednesday as the US faces the hottest inflation since 1982 the ECB meeting Thursday The decision seems more finely balanced with economists seeing little change to the previously announced policy and path and at the Bank of England last month's dashing of expectations to hike rates is likely to be repeated as fresh concerns over the pandemic outweigh Inflation fears so a little bit of a pullback whether it was over in England or the ECB No rate hikes probably coming there as fears of shutdowns potentially harming the economy resurface For our Federal Reserve though, they're gonna be dealing with the six point eight percent print in the CPI data on Friday They're also dealing with the first meeting they've had since chairman Powell came out and outright said probably time to expire the term transitory a Lot of people would say finally to that accord We'll see what they come out with pretty remarkable that we come into that level though sitting at all-time highs when the whole conversation has been around Inflation above expectations Causing the Fed to potentially taper faster than they had wanted to in normal terms That would probably freak out the market But for some reason folks were opening within 30 points less than 1% in all-time highs in the S&Ps You're talking about a NASDAQ just outside of about 2 to 3% of all-time highs as in excuse me dial right now About 600 so again, you're talking about 2% give or take in the down now the Russell's quite a different story Russell you trade up to 2460 It's been a tough go around for the last month or so for the Russell from 2460 You're down basically 10% from that price level trading down 250 points at 20 to 10 you do bounce a little bit about 10 days ago Quite the pullback to end last week though with some accelerations and man You know you're right in the middle of this consolidation yet again The Russell has been in for the better part of this year you back it up to February of 2021 And that's when we first got into that area in terms of the Russell All right, so 20 central banks out there including The US Federal Reserve and then you have the ECB and the Bank of England among many others coming out this week That'll be really the forefront in a big way SMPs right in the middle of that upturn channel. Let's extend the line to the right since we're progressing And we're gonna back this thing up on a three-year weekly because man until anything else happens in this SMP folks You know, yes, it's possible. I'm out here given some some bear scenarios or what the Fed may do I mean, but you're talking about still you could trade down an easy hundred points and be well within this channel Still to the upside right now in the SMP that push about 4570 now You know, I heard my dad out there on the program yesterday. I used excuse me Friday I think maybe Thursday somebody was calling saying are you looking for a pullback? Are you a bear, you know, and he's talking about a consolidation for a year or two anytime you have the markets going this high folks You know, you start to get a little worried if you don't get at least a consolidation, right? Because if you don't at least get a consolidation history would tell you That there's some pretty substantial pullbacks that are possible And it's even more remarkable when you think about an index like the SMP could go from a period of 1996 to 2008 to get your money back Potentially in terms of the same exact price of that level now you want to pick the highs of 2000 you're talking about 12 years potentially to get your money back 12 years All right, so this thing has been on a one-way ship basically since 2008 We got a 13-year bull market from a price level that doesn't even make sense of 665 We're trading at 4708 the only real pullback in this chart was the COVID low Yes, you had some dicey action in 2008, but on this chart all that really looks like is a consolidation almost And from there we've accelerated higher So even a reasonable pullback as I started this thing. I think he pulled out like 4,300 something like that. Maybe maybe Maybe he's talking about the lows of September. Maybe he's looking at a weekly and ask him on his program But I remember talking about 4,300 you better believe 4,300 it's possible folks and we just went from 2,100 to 4,700 I mean the peak prior to COVID You're talking about 1,300 points below we're at right now. Stay tuned folks. 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We'll get the S&P's up four points as we come into the opening bell with about 12 minutes to go You get the Nasdaq 100 up forty seven point sixteen thousand three seventy nine the Dow Negative by 37 points right now the Russell negative by four I talked about Apple potentially hitting the three trillion dollar mark pretty remarkable when you look at some of the companies I would just out there googling this morning in terms of market capitalization and completion I think the market cap and if anybody's out there, maybe from the den. There's a good spot The market cap of the combined S&P 500. I found a number of about 40 trillion dollars That was as of August of this year. So that's a good ballpark But obviously what have we done since August? Let's take a look real quick on the daily You can just add the percentage wise August. You're trading about forty four hundred. We're up What seven percent or something like that? She talking about maybe forty two trillion forty three trillion the entire combined value of the S&P 500 I bring it up because and the biggest companies out there just mammoth at this point Apple is right there near pushing near three trillion now. These are as of Friday's close. Okay, but boy You take just Apple Microsoft Google and Amazon. You're talking about What is that three point seven five point seven six point two nine point two almost ten trillion Almost nine trillion or ten trillion almost a quarter of the entire market capitalization of the entire S&P 500 is now in four Companies all right now. I love on the thinkorswim platform. They are a sponsor folks I know I'm biased, but I would use them anyway The market watch tab you get over the S&P 500 Doesn't take a lot folks for these companies in terms of this is the entire S&P 500 You got some really great companies out here that are just tiny when you compare it to the Giants out here for instance Walmart, okay 391 billion dollar company just dwarfed by some of these big ones visa and Mastercard not really that large over there Company like Cisco at two hundred forty nine billion dollars pretty well dwarfed over there in a big way now You look at UPS. Okay Procter and Gamble Coca-Cola. You get the point Apple right there a giant Microsoft Google NVIDIA Rising in a big way and Amazon just huge numbers now You really want to talk about some big numbers pull up the NASDAQ 100. Yeah then you're talking about some big numbers there Microsoft Apple Amazon Google Facebook and Tesla I got my dad in there talking about forty two point seven eight trillion probably the combined value of the market cap of The S&P 500 forty two trillion the combined market cap pretty staggering that we may have a company that opens today at three trillion You better keep your eye on those tech stocks folks for those indices because Apple okay now put this in mind Okay, you get the S&P Sitting at the same price level that it was sitting at Five weeks ago. Okay. Meanwhile, you have Apple Where's December 3rd? You have Apple up 20% over that time That means those other companies folks are pulling back. Okay, you have Apple the biggest company out there trades from 150 to 180 181 39 right now this morning. You're up 20% on the dot and You have the other indices Excuse me the other equities in that index in the S&P 500 bringing it down to where you've actually flat on the S&P 500 Since November 3rd. So yes, we're sitting near all-time highs All right, let's just jump around and see how Microsoft. Yeah, this is gonna be dicey even because Microsoft well Microsoft is barely positive But Microsoft is positive. So they'd be adding to it as well. I'm going just from really like that December Where we're in the ES Talking about November 5th is basically where we're at. Yeah November 5th. Now. I imagine Facebook Yeah, Facebook is giving back some of that not really though. I mean look at this We got some broad decline here Facebook. Yeah, Facebook is 10 bucks lower than it was over that time Google's pretty much the same deal too. So there's some broad pullback in the S&P 500 if you have the tech stocks Let's check out Amazon as well Amazon might have had a little pullback. No Now you go back to November 5th Amazon barely negative by about $10 So yeah, there's some broad pullback beyond the big stocks out there Especially when you have the three trillion dollar company adding 20% to the market cap over a period of last five weeks And you have the S&P's just getting back to where you were flat now A big portion of that was when this market was selling off Apple was just going higher Apple is almost a store value That's what it's turned into with negative real yields Apple a company that was sucking up most of that money for safety It seems like and appreciating off setting some of the losses you had broadly in the S&P 500 All right with that in mind. We'll segue to Real negative yields bond traders stare at worst real returns since Paul Volcker error Treasury investors are losing more money than they have in four decades. Once inflation is taken into account You got to take it into account folks because it matters and if markets are right They're unlikely to come out ahead for years. Okay, so the debt has already lost about 2% outright over the past year On top of that CPI has started 6.8% putting investors in an even deeper hole Inflated inflation adjusted returns of treasuries lowest level since the 80s You see the negative action that we've come into now and that number to get into the details of it Yes, tenure yields on inflation link bonds fell to an all-time low of minus 1.25% last month before rebounding Get this to about a minus 1% Taking a face value that shows investors expect tenure yields to trail inflation by about 1% annually Over the next decade. You may not want to own bonds because they are negative yielding securities This is Francis Scotland not familiar. She has a butt in here director of global macro research at Brandywine global 67 billion assets, but that phenomena may exist for a long time because of this fundamental Disequilibrium between saving and investment or spending and savings It's quite a theoretical exercise that's going to play out folks and as they put I mean It's pretty remarkable right in the face of a 6.8% CPI You still have the Fed out there buying 60 billion dollars worth of treasuries a month That's why I'm kind of spikes up for this Fed meeting folks because yeah They might not pull the rug out from everybody's feet But you may see them kind of accelerate things just like chairman Powell did his opportunity in between the last meeting You might see some of the language used in an effort to convey a Change in how fast they might be willing to taper and then raise rates Just keep that in mind as you play it out But quite a staggering number New Lincoln looking at the negative numbers versus the inflation and Boy the inflation expectations for the next year are pretty rosy if those things come in line things would be I'd say Outstanding it's almost a best-case scenario in terms of we're back to CPI data of just over 2% by 2023 It is a very broad number in terms of the CPI right now folks That is almost a best-case scenario But that's the expectation across Wall Street, which should have you a little bit worried with where numbers are right now in terms of these Indices never pulling back All right jumping around. What else we have going on some of the stocks making moves. How about Harley Davidson? So we'll pull up the chart first hog. This one's interesting Other than like good old spack to get things going hog There's your acceleration from 36 and change to 42 bucks. You're up. What is that? almost 15% right now in the pre-market after an announce that it's merging its Motorcycle unit with a spack there just there the live wire now. That's electric motorcycle unit, right? That's not the hogs used to live wire is gonna have an enterprise value about 1.8 billion It's gonna trade on the New York Stock Exchange on the ticker LVW. So the electric motorcycle unit It's gonna merge with live wire a spack and push it out to the public at 1.8 billion And the market loves that idea getting into the spack action All right, just like that folks market turning negative coming into the opening bell. How dare that S&P? It'll be interesting Coming into the Fed meeting at basically all-time highs. Stay tuned folks will be right back for the market open Are you having fun trading the markets? 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We got markets open and we got markets sneaking into the red for the open NASDAQ 100 barely hanging on to gains But that's only by about four points right now probably lifted by Apple in the green like we were kind of just talking about just like that The NASDAQ goes red as well S&P's negative by three to kick it off get a little bit of a sell-off Start things off in the Monday morning as we come into a Fed meeting that is ultra important folks pretty interesting As I talked about in the start of the program You're kind of into 20 central bank meetings including the ECB Bank of England and our Federal Reserve Dow right now negative by 35 you get the Russell negative by five points jumping around two notes and bonds You get the 10 year right now continuing to rise 10 year up seven ticks at 130 20 And we pull up that's going to point to a yield in the 10 year 1.45 percent on the dot right now in the 10 year yield Okay jumping around to other equities with some action This morning, so we talked about Peloton on Friday And I believe that was having to do with Thursday had the HBO Max reboot of Sex and the City where? Spoiler alert if you watch and turn that off you got three two one All right, they killed off one of the main characters after he rides his 1,000th Peloton bike It seems like they're doing their best to try and get ahead of that Media circus as they fire back with an ad as a parody ad he's alive I mean they're trying to do the best here for a bad situation and credit to them for not just sitting there and doing nothing But nonetheless as one analyst put it on Friday like I was saying I don't think that would have had a material impact on their sales potentially But it really alluded to just how they would let go of that messaging I mean could you imagine a company like Apple and Steve Jobs ever letting an iPod in the early days or an iPhone be used in an ad and not asking how it was going to get used You control the messaging the product and the messaging of a company like Peloton has been everything That's the only way you sell an exercise bike for $2,000 that comes with a $50 prescription Subscription per month if they don't even care that much about putting it into an HBO Reboot of a very successful show. They don't even ask how it was getting used How are they managing everything else that goes along with that company? That's what I would probably ask you to ask Peloton getting a lift today up 4% But that lift is basically non-existent if you take a look at where this chart has been You're sitting back at levels that basically we're training at in May of 2020 and you were at folks a price of $37 in 2019 2019 you're at 37 bucks. You're at 40 right now on this equity as you give it all back during the pandemic Which is remarkable this company has become a phenomenon during that pandemic this pandemic that pandemic And you give it all back be careful of that one because in the early days prior to COVID I was out there saying this valuation makes very little sense as somebody that loves to ride boat bikes folks $2,000 for an exercise bike with a subscription required to use it is pretty staggering The pandemic changed all of that but guess what just that quickly unless they really change it up for the future That reverberates right back to that price level S&P is negative by seven. Yeah, we get the markets in the red a little bit of fear here Let's jump over the vixen see how we're doing this morning at the volatility index 1996 up about 27. We'll put it on the short-term timeframe. There's an acceleration for you We end last week at about 1869 this morning up about 6.7 percent. It would make sense coming into a Fed meeting Boy, I mean, who's gonna be buying pushing the S&P and I say this almost Sarcastically because they were buying overnight they were buying last week They've been buying for the better part of 13 years, right? They've been buying since the lows that we reached late March of 2020 basically But who's gonna be buying at record highs as we come into a Fed meeting where the real potential is for them to taper faster? Right now the market is aware that at best They're probably gonna try and increase how quickly they're tapering the asset purchases so that they can have at least a potential to raise rates Faster if CPI numbers keep pushing number. That's like the best-case scenario that's already out there What if Chairman Powell is a little bit more worried than he's indicated and they might come a leave in a little bit quicker to the meeting? Even if that's a 20% possibility of this meeting folks the market trading into it at all-time highs doesn't seem like it's factoring that in Appropriately with that in mind though It might be factoring it in right now in the open as we get the S&P's down 10 points We get the Dow down 67 and the Nasdaq 100 just gave up a hundred plus points like that from where we were at 845 16,391 where it's 16,273 maybe that is gonna dash the hopes of an Apple three trillion dollar valuation today It's still early. I kid Apple up a dollar. Well on now up 85 cents up a half percent at 180 33 But now about $2 and 50 cents away from that Three trillion dollar mark. Let's check around to some of the other fang stocks on a day when we got markets turning red Apple is in the green Microsoft though barely in the red as well by about 50 cents. You got Google shares down 18 bucks That's about six tenths percent in the red Amazon shares down about nine tenths percent 34 12 folks We got 12 days to Christmas 12 days to Christmas 12 days of Christmas. There you go. Gotta love it Remarkable that we are that close to Christmas already coming into 2022 all right jumping around to some of the other equities that have Some action going on To start things off Dollar Tree a little bit lower after activist investor announced its intention to try and place the entire board the entire board Dollar Tree called the move Unwarrantedly aggressive. Yeah, I bet and said it offered to explore sediment. Wow, so they own five point seven percent Looks like they're coming in hard DLTR 139 now the interesting thing is you back this up Dollar Tree that board has been that Activist investors been pushing for changes for a while now That's part of the reason why you've seen this acceleration from September really 85 up to 140 The gap here is when they came out with the news that they will be raising their rate prices as they come out with their earnings and They basically said it's gonna be a buck 25 instead of a dollar is Gonna be the price that they will be selling things at and that their consumers are okay with that and so Yeah, that activist investor seems to be spurring them on to good things there and Little bit of a pullback. Maybe just serve some potentially volatile times as you try and replace an entire board But I would say that activist investor knows what's going on because it's probably past the days that you can be a dollar store Folks can only be a dollar store for so long what they used to have nickel stores, right? Well, maybe the next store is gonna be a five dollar store. I mean think about it. What's the next round number, right? You had milk bread and cigarettes were a quarter That's what my dad would always say while you can't have a dollar store anymore folks Just like you can't do milk bread and cigarettes for a quarter Maybe the next big store is gonna be a five dollar store where everything's five bucks because five bucks is Quickly turning into the dollar in the same way Dollar Tree down about 1.8 percent today to kick things off in the trading week Yeah, Apple. Well, that's part of the reason it's higher. They got another upgrade It's like as the street marches on you're talking about 210 is the price from JP Morgan from 180 180 and yeah, they are the top pick going into 2022 pretty remarkable when your top pick comes into the year already valued at Three trillion dollars, but they're talking about 210 and you talk about so what would that be? That'd be an extra $30 from almost where it's trading that right now That would be adding about $480 billion in market caps. So you'd be ending 22 2022 at about 3.4 3.5 trillion dollars not out of the question folks when you think about the run that it's had recently In the NASDAQ 100 Yeah, and Rivian Rivian straighten a little bit higher as they get named motor trends truck of the year pretty cool They haven't even pushed out any cars yet and they got the truck of the year Rivian up 2.3% right now We take a look at the 15 minute a little bit of higher action you take a look at the daily since this thing goes public Little bit of back to reality from the 179 price, but still quite a valuation. Stay tuned folks. We'll be right back in three minutes Are you in the market for buying or selling real estate in the Bay Area? 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That's tfnn.com then hit watch tiger tv Folks we have markets in red territory to kick things off from monday trading as we come into a very important week with the federal reserve They got an announcement due on wednesday. We get the s&p's right now negative by nine Nasdaq 100 negative by 20 little bit of a bounce though in both directions We put it back to the five minute you see the acceleration right out of the gate You trade down to a low of 16,000 to 69 and just like that though We bounced almost 50 points off those lows s&p's still in the red by 10 dow off 143 right now We were up at 36,000 last night so much for that You've given up about 300 points from the overnight lows in the dow right now We jump over to that vex volatility index right now above 20 20 o three All right, what else we have going on folks It's holiday season and we got the tfnn holiday tiger tiger dollar sale going on this runs through next week I can't believe that next week is december 23rd. 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You enter it once your account has that signed up check it out That'll run through Thursday for current subscribers out there. It's a great deal By the tiger dollars applying to your account once all those forward transactions, whether it's monthly yearly transactions that you're signed up for recurring They'll get used whether it's or you're just thinking about signing up for products in 2022 We only do maybe two of these a year folks We weren't even sure we were going to do two this year. This is only the second one We did a thousandth gold report sale About crazy because the gold report's pushing 1,025 issues already So that was about half a year ago as we come into the thousandth issue 25 26 weeks ago So we do about two of them a year Check it out in the front page of TFNN That will run through next Thursday tiger dollar sale for the TFNN holiday sale up to a 40 bonus. All right jumping around on what else we have going on Back to the markets s&p's right now negative by 12 We jump back to some of the stocks that we were talking about. I wanted to talk about real quick one more We had Yeah arena pharmaceuticals not bad. So they're being acquired by Pfizer for 6.7 billion They are obviously trading higher By 93 percent ARNA is their symbol you jump over to Pfizer shares They are higher as well interesting right up 2.7 percent So the market liking that idea when we got a little bit of a sell-off here folks and be careful because I would say That s&p's down 15 is pretty negligible coming into the week We have going on with the risks that are present in this market You have a fed chairman that does not like the term transitory anymore You have the cpi data at 6.8 percent You have the discussion going on that they could possibly ramp up the tapering of asset purchases allowing for the faster rise of rates now here's where I'm harping on this and stressing on it because I don't imagine he's going to come out and raise rates or something this meeting okay, but He might provide himself the language to say if things happen quicker than we think here We might taper and we might raise rates quicker than the market is expecting Not sure he'll use those words exactly But he might say the words that would allow traders to digest that type of mentality He couldn't have been stronger in the words. He said folks retiring the term transitory because transitory is a pretty vague word which I think is why he liked it to some degree He had a little bit of wiggle room there and you could almost argue that the way he was using it And he even said it means something differently to everybody. Okay, but if we get back to a CPI data print, which is what economists are looking for by 2023 you're talking about barely above 2 percent maybe 2.5 percent That would almost be transitory almost okay. He was pretty harsh with coming out saying expire that term Just keep your eye on it folks because if this market gets a little dicey people might be on a risk-off environment I wouldn't blame them just through wednesday because the opportunity for What's your risk to the downside? What's your risk opportunity cost to the upside? We're sitting at 4,700 in the s&p's what are the odds that we come through the federal reserve meeting And we trade down 200 s&p points to 4,500 Or we trade up 200 s&p points to 4,900 Do you see a catalyst allowing the market to plow higher up 4% right now from where we are in the s&p's Do you see a catalyst allowing the market to cascade down 4% to 4,500 from where we are Depending on what gets said on wednesday none of those may happen There are both possibilities in the market and I see a much greater possibility for things that could be said on the fed meeting That could cause just a little bit of fear in this market to pull back versus anything that could be said That trades the market higher by That degree, you know, I mean a win for the market would almost be a consolidation pushing these levels right now Coming into a federal reserve meeting the first one after the federal reserve chairman doesn't like the word transitory and they might have to ramp up the tapering of asset purchases and potentially Bring forward how quickly they raise interest rates I'm talking about a lot this program because it's really remarkable how this market has charged higher in the face of what could be an accelerated tapering Faster than chairman powell would have liked If inflation weren't forcing his hand that seems like a worst-case scenario for the market, right? Actually, it's not though because the job market is pretty good. We've been seeing the gains We had initial jobless claims numbers. So worst-case scenario for the market would be we're not adding the jobs and they're still inflation We are adding the jobs And there's inflation So it could be worse with that s&p's right now down 21 points 19 make it down off 231 It's a quick sell-off the dow just gave back 400 points And we are pushing the lows that we had in the dow on Friday let's jump over the watch tab now We'll finish up the program with this because we're going to jump over to the dow first Now the dow makes no sense as an index because it's price weighted versus market cap weighted But we'll pull up some of the indices how they're moving. We'll take a look at the s&p 500 s&p's negative by 17 stay tuned folks. I'll be right back to finish up the show 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 in 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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Petersburg, florida Your investment can be anywhere from 100,000 to 500,000 You want to make 1,000 per year on 100,000 invested a 7,000 per year on a secured tiger first mortgage The target first mortgage program may be just the program for you The tiger first mortgage program pays 7 per year paid monthly for more information You can call 877-518-9190 that's 877-518-9190 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 I have the heat map up here under the market watch tab on the thinkorswim platform for the dow Jones industrial average folks this index I mean if I ran like a high school finance class and asked students to create an index of stocks And they created it based off a price-weighted index like this I'd have to ask them what they were thinking because it's in no way a representation of the performance of the stocks in the index I'll give you a quick example right now. Goldman Sachs is trading down hard. You're off 1.5 percent today Now Goldman Sachs is a 385 dollar stock. It's one of the most expensive if not Maybe the most expensive stock in terms of price wise in the dow So you have Goldman Sachs trading down six dollars 553 now now that company Goldman Sachs Is 128 billion dollar market cap versus you have a company like coke the trades at 57 bucks It's up 2 percent right now, which is just a basically a dollar and change And meanwhile, it's twice the size of the company. So you have coke putting one dollar of price action into the dow Which is negated by Goldman Sachs negated plus plus plus as in Goldman Sachs is putting negative six dollars into the index Meanwhile, coke should be twice the market cap that Goldman Sachs is meanwhile the price action has Goldman Sachs Contributing six times the negative action Price-wise then coke is makes no sense whatsoever. There's my doubt take take a look at the s and p 500 though We got red all over the place here. The only things in the green apple barely by about six tenths percent You got facebook up 2.4 percent today qualcom is up almost 3 percent right now Fizer over there in the green as we talked about adobe Up 2.1 sales force up 1.3 percent But man read across the board s and p's negative by 20 to kick things off right now You jump over to the nasdaq 100 and this thing is just run by come on Uh, the big dogs out there and basically facebook the only one in the green But look at the s and p it is a broad return folks to negative prices Quite a sell-off to start off the trading week We're right back to where we were on friday almost at this time 46 85 Thanks so much for starting your monday with me folks. Stay tuned. We got a man basil Chapman with the tiger technicians hour up Next we got larry at 11 fast market at 12 Steve rhodes day white tom o bryan this afternoon. Don't forget about tiger dollars folks only runs through next thursday It'll be here before you know it get those tiger dollars lock it in. Thanks so much folks. Have a great monday Stay tuned for basil right up now