 The following is a presentation of TFNN the morning market kickoff With your host Tommy O'Brien Good Friday morning everybody. I'm Tommy O'Brien coming alive from TFNN 9 a.m. Eastern Time Friday morning It's jobs Friday, and we got a beat we got markets higher across the board I'm gonna get a recording going folks We got all four markets at higher prices all-time highs across the board You're looking at an S&P right now catching a lift all the markets catching a lift on a strong jobs number S&P's up almost another half a percent You're approaching 47 hundred on the S&P's trading right now up 20 points at 46 94 NASDAQ 100 See the volatility overnight 8 30 a.m. We're a bit higher on that number as well up 61 points right now in the NASDAQ 100 That's four tenths percent as well now up 133 points 36,000 142 and how about that Russell up 21 points nine tenths percent in the Russell 24 22 Bitcoin holding steady right near about 62,000 61,000 840 we jump over to crude right near $80 at 79 61 gold contract up $2 this morning at 17 95 silver down three pennies at 2380 and we jump to the all-important notes and bonds on jobs day and Flat action pretty much the 10-year negative three ticks at 130 106 We're talking about a yield right now of 1.52% on the 10-year the 30-year right now positive by 11 ticks at 161 16 and for a market that just will not go down folks of VIX yesterday hitting 14 We got 15 19 today in the volatility index All right, let's jump right into it in the jobs number 100 shooting 500 and 31,000 non-farm payrolls increased for the month of October Estimate was about 450,000. You have an unemployment rate falling to 4.6 percent market had been looking for about 4.7 percent. There's a bunch of revisions in here as well They talk about October's gains represented a sharp pickup from September which gained 312,000 jobs After the 194,000 saw quite a revision important to remember right 194,000 market said ah 200,000 I guess I guess that gets it done. We had an increase. No, we actually had increased to 312,000 For the month of September getting lost in the months there for a moment Nonetheless, you look where we are in terms of where we got to make up We're now within about 5 million 4.2 million is the exact number in terms of employment You look to February 2020. We had 152.5 million people on payrolls right now We're at a number of 148.3. Okay, so you're talking about 4.2 million jobs You got to make up just to get back to where we were in February of 2020 But we have to keep in mind folks is that there should be Organic growth over the period of two years, right? That's just getting back to Employment numbers of two years ago Of course the great Resignation going on in terms of people stepping out of the workforce Re-evaluating what's important in life the unemployment rate drop came with a labor force partition rate Participation rate holding steady at 61.6 percent. That's 1.7 percentage points below February of 2020 There's what I'm talking about right? It's a big number almost 2 percentage points below where we were at in February 2020 and that is just shy of 3 million fewer Americans considered part of the workforce At the same time survey of households showed job holders rising by 359,000 Leaving the unemployment level about 4.7 million below its pre-pandemic levels However revision showed that the numbers for those months. Yeah, so Weren't quite as dismal along with the boost of September August final reading came up another 117,000 think about that right August is up 117,000 September up more than 117,000 in terms of what was first reported and then you have this number coming in at 531,000 which is almost 100,000 bigger than the market was looking for Quite strong numbers to put it lightly folks and we'll see how the market reacts to it But right away you're talking about higher prices and it is remarkable these markets you take a look at the S&P folks I talked about it on my program yesterday If you had said to me to kick off October Geez, how long do you think it will take before we could potentially make it back within this uptrend channel if we ever do and Do you see that happening by year's end the probability of that happening in my opinion? And I don't think I would have seen the market cascading dramatically lower But the probability that we would have traded up 400 plus points in the span of just over a month You're talking about a 10 to 12 percent pop after all the fear rhetoric talking about where we were in September Right, we were talking about whether it was all the earnings were going to disappear was going to be supply shortages It was going to be supply chain issues. It was going to be finding employees, etc Nonetheless, these markets talk about some strength folks. I mean look at where we've been since October 13th To put it there's October 13th and in the charts. We're trading at 43 18 What do we have on there for red days since October 13th and their marginal red days at best the worst day You're talking about there had a high to low of Barely 33 points in the S&P's meanwhile We've risen over that time to the tune of almost 400 points since October 13th Can't overstate the action that we have going on in these markets checking out the cues right now now the cues I pulled this up on my program yesterday. You might be blowing out of this channel It's the first time that we have had a real breakout of this channel line. Look at where we're going from We're talking about going from September of last year. All right, the acceleration to upward prices began in November So you're going back 14 months folks. Okay, we've been up in this uptrend channel and man It's quite an uptrend channel. I mean, you got to be happy in the NASDAQ 100 at this type of elevation and guess what the market saying It's not even good enough the cues breaking out of this uptrend channel Remarkable, we'll see where we go from there. We'll see if we can hold that on the open But nonetheless you get the cues right now pushing 400. We hit a high third 399 20 for some context the cues Traded down to 164 for the pandemic lows and we're gonna be pushing 400 folks You came into 2020 at 212 fewer than NASDAQ 100 you doubled your investment over two years from the start of 2020 you did have to weather through the pandemic collapse in terms of going from a price point of 237 down to 164 But it's all been upward action since then and you see the channel line. This is on a weekly We were talking about it on a daily that's on a weekly. It's a strong channel folks And we're breaking out of it in the cues which not sure what to make out of that just yet Because if we break out of that to the upside man You're talking about valuations that might get a little bit crazy to say the least Let's jump around to some of those fang stocks as we kick things off We got a lot of earnings that we're gonna get to this morning as well We got Amazon shares basically flat Amazon spent on fire the last two days man. You're talking about trading up to $200 we were at a low of 32 97 on Wednesday. We reach a high of 34 98 Yesterday we're trading right now at 34 76 for Amazon shares Apple shares this morning up a bit up about 50 cents to 151 48 we jump over to Google shares Google trading just shy of 3000 we hit 2999 yesterday we jump over to Tesla Tesla shares you talk about a rocket ship 12 33 right now for Tesla You're up above four bucks basically pushing all-time highs for Tesla as well We jump over the little social media. You talk about a rocket ship as well Facebook 335 now where we fight, you know, this could be a dead cap bounce folks. I've talked about it many times Zuckerberg probably has a good plan here, you know, the future is gonna be AI It's almost remarkable to imagine that we're gonna be, you know, putting on suits putting on Oculus goggles Being immersed in virtual reality But you're talking about five to ten years down the road with massive amount of capital to get that done and That might just hit Facebook shows we'll see but Facebook nonetheless up about four bucks today Stay tuned folks. We'll be right back with all those earnings. 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It's jobs Friday. We got a bunch of earnings We're gonna go through we're gonna kick it off with Pfizer though Pfizer talking about that They got a pill that is eighty nine percent effective against and I'm gonna get the verbiage correct here in terms of how they put it Cuts the risk of hospitalization or death by eighty nine percent. That's a new COVID-19 pill used with an HIV drug That's remarkable in terms of the pop that you have here, right? You are up Pushing almost ten percent for this company. Okay, you jump over to the analyze tab on the thinkorswim platform You scroll down to check out the market capitalization. We're talking about a two hundred and seventy billion dollar company folks pop in ten percent on this They have a whole portfolio of drugs when you think about the move that is going on in this equity right now It could be a game changer You saw Merck get hit in a big way as well to the upside and the same way now They got a competitor and Merck trading lower in terms of Pfizer having a pill to back this up There was the nope that was their earnings I think this was the acceleration September 30th Where they came out with their own pill that might be able to cut down on hospitalizations and deaths for COVID I mean we get something like that folks combined with vaccinations It's a game changer because the biggest problem of all of this. Okay in terms of the whole pandemic is hospitals getting overrun My biggest frustration with people saying that the vaccine's personal choice is that in Florida We had a number of different people with ailments, whether it's people with cancer Number of ailments like I'm talking about couldn't even get the surgeries They needed because hospitals were full of COVID patients predominantly Unvaccinated you start getting pills that can just be given to people and and and that is something that they don't even need to Go to the hospital for we could see you know really just helping us get over the hump It's not just vaccinations. It's gonna be something that because we know vaccinations folks I encourage you talk to your doctor. Don't take it from me, okay? But don't take it from Facebook either in terms of where you find your information They do work. They are effective. They're not fail-proof though And that is why you're seeing these types of pills being so important especially for vulnerable populations That could be impacted even when you're vaccinated for the Colin Powell comes to mind unfortunate, right? In terms of vaccinations not fail-proof, but nonetheless you got Pfizer trading out $4 That's gonna be a big impact both Merck and Pfizer. You're seeing it happen They're not even taking more people in their trial right now as they got 89% in high-risk adults Who've been exposed to the virus the second antiviral pill behind Merck. All right now Let's kick into some earnings or should I say lack of earnings when it comes to Peloton Peloton shares You think that chart looks a little bit tough folks Well, it's gonna look a lot tougher on the open because we're gonna open down 30 Dollars 30 dollars. Excuse me. I almost can't overstate it. I Got to back this chart up a while to see where we're gonna be at 56 bucks Which is gonna be back at prices. Excuse me that we have not seen in Peloton since June of 2020 talk about giving it all back and They deserve to give it all back with these numbers folks because three months ago They were talking about taking in revenue of 5.2 billion dollars. They cut that by a billion dollars down to 4.2 billion Excuse me Tumbling Friday at-home fitness equipment makers last annual sales forecast by as much as a billion dollars The one that stuck out in here as well And I wonder if they have it in terms of the number of rides the number of activities They don't have it in here I'm gonna find it because the average user was doing something like 20 to 25 workouts per a month Over the last three six nine months. They're doing 15 workouts a month now It makes sense when you think about folks, we're stuck at home. You got nothing to do You got a Peloton sitting in your spare office. Yeah, you might use it, right? Nowadays, you're not even trapped at home, right? You're probably comfortable whether it's dining out dining outside of some sort We're fortunate in Florida. We still got whether where you can do that But it's a whole game changer in a big way and you got price targets across the board There's still some you know big numbers credit Swiss is still talking about 112 down from 148 You're treating it 56 right now Even when this article was written you were trading at 68 the slide is continuing They expect to have between 3.35 and 3.45 million connected subscribers by the end of June They were looking for 3.63 million. That's a reduction about 200,000 JP Morgan cuts it to 90 from 138 I'm gonna pull up some more numbers for Peloton though because the one that struck me most is not only are they selling a lot less bikes But the bikes they're selling people aren't using and if that starts becoming a trend It's gonna be really hard for them to have that recurring revenue for the subscriptions that they're dealing with So it's it's remarkable when you look at that across the board but Peloton they're gonna pay the price today I remember when this thing went public man. They were just in timing is everything folks in life. Sometimes They go public. They were down at 17 bucks on the COVID lows You came into it at about 20 to 30 dollars and I remember talking to my dad doing the program saying I Don't see a future for this company because it's so expensive and there's so many competitors They're there always in the fitness arena to sell a $2,000 bike that you then have to subscribe to for $45 a month to use the service as somebody that loves biking folks and again I'm in Florida. So I have the opportunity if I want a bike to almost be outside 12 months a year To bike can't do that in many parts of the country. So I get that But you don't need to buy a $2,000 stationary bike folks There's gonna be competitors and you see Peloton already right cutting the price of their basic bike by $400 recently They're trying to add new products as fast as they can probably see in the writing on the wall that the valuations They were dealing with obviously Strut a little bit elevated in terms of what they deserved as you're now trading at $56 down from 171 to start this year. That's down from 117 just back in July That's down from 118 just in September. If you're in margin on this equity You are wiped out in less than two months. Think about that Okay, if you are in margin, you are wiped out on this equity in two Months I Mean you're gonna get some margin calls probably today I mean look where this equity was trading at from June to September that may be the reason why this thing is continuing to drop Let's put it on a five minute to see the action. You trade down to a low 56 20 you're trading a 57 89 but Yeah, that's a complete wipeout on margin let alone margin calls pretty ridiculous when you look at that equity and Yes, they do have a future, but I'm not sure that future is where even the valuation stands right now We're all familiar with Exercise equipment and the commercials and the marketing right whether it's Chuck Norris Pushing what was he pushing? What was he pushing? I should know shame on me the billions of dollars They spent pushing that one piece of product. I can't believe it's failing me But you get the point there's a continual cycle of exercise equipment that runs and Peloton wants to be the staple stationary bike to charge you 1500 bucks and then have you charge in $50 a day. It's a tough business to be in at those valuations Yeah, you got the ab roller, you know, there's this thing exactly man You got Suzanne summers with the thai master right going all the way back Exactly Chuck Norris doesn't do push-ups. He pushes the world down. Gotta love those Chuck Norris jokes me keep them come Keep them come of Dan. All right, folks. We'll jump back. We got the SMPs charging higher man 46 99 Nasdaq up 82 points Right now we are within nine points of all-time highs pre-market the Dow up 164 folks we're gonna open at basically all-time highs to the tick across the board on all four indices Remarkable action on jobs Friday. We'll get into the numbers a little bit more when we get back We had a lot of numbers to get into Airbnb. They beat in a big way They're up another $8 from where they closed at yesterday Airbnb up to 186 from 178 We got Yelp numbers Yelp is trading higher as well up to about 41 dollars right now from 39 We got uber numbers out as well up to 47 50 stay tuned folks. 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This is a weekly I have up you go back to february of this year february of this year You trade into that consolidation area in between about 2100 and 2350 And man you got to say I mean how do you like that acceleration in a big way to break out of that consolidation folks? You got a weekly bar from a low of 22 99 we're pushing 24 25 right now. You're talking about 125 point bar In that russell 2000 accelerating higher. All right getting back into uh peloton Here we go. This is the number I wanted to talk about real quick connected fitness subscribers completed 16.6 workouts per month Not bad. That's more than a workout every other day Not bad on average, but a drop from 20.7 workouts a year earlier and they had 25 workouts in some quarter as well That's a huge drop off of the people using their product now ordinarily if you sell people a bike You've sold them their product and you don't need to worry about how much they use it, right? But they're not in that business folks They're in the business of recurring revenue on top of selling bikes And that's where you may see an impact when you talk about if you're not using the product And that is the reason why I never really even thought about purchasing Uh a peloton bike because I couldn't rationalize in my own brain paying more For a subscription service to peloton Okay, then I would have Uh for my gym la fitness I think I pay 25 bucks a month and I get to use a pool Uh a gym and all that stuff and for peloton I got to buy a $2,000 bike and then I got to pay $45 for the right to use it That one just made my head spin if you start using it less you may see people cutting the cord In terms of maybe not cutting the cord, but cutting their recurring revenue on peloton a big way So check that out keep your eye on that one But I don't know uh, I got no peloton right now And I'm not buying it at these prices folks because the pain might not be over I mean think about the revenue cut and we're going to jump around to some of the other Equities because we got a lot to go today, but yeah peloton open and right near the lows and holding near that level Think about the revenue cut right on a percentage basis 20 percent of their revenue just disappeared In three months on a yearly basis from 5.2 billion to 4.2 billion That would be like one of the bigger companies going from 52 billion to 42 billion Not what you want to see over a three month period Uh as they really miss the ball on that forecast as the world is changing and they underestimated The impact that opening would have on their shares. All right, we jump around What are we going to jump to next let's jump to pinterest so pinterest beats on earnings And revenue even as monthly user numbers drops always interesting when you get that type of action in terms of a beat But these social media companies it's all about how many eyeballs you have in terms of their future numbers And there you see it right they beat on the earnings They beat on the revenue the market spikes higher But guess what then it comes out that they got less people in the door Uh and that is not what you want to see pinterest pretty much flat right now on their numbers last night We jump to air b&b. Let's see where we are There's some action for you up to 192 air b&b. We jump over to their numbers strong numbers How about profit surge in 280 in the third quarter? Um My dad tom he's been talking about this a lot. They are a defacto hotel. He nails it man You know, we're looking at maybe taking a family trip. Maybe looking at some air b&bs domestic travel Maybe a little bit bigger currently because international travel Not really something that's possible for many people, especially if not possible even some countries not taking people just yet Uh air b&b said it expects vaccination progress in the recovery of international travel to lead growth in the fourth quarter And new year getting into the numbers Not sure why it's not comparable to estimates, but they make a buck 22 they beat on revenue by 200 million I mean percentage wise again percentage wise. That's a 10 percent beat. Excuse me. They go from 2.05 billion to 2.24 79.7 million nights and experiences booked in the third quarter a slight decrease from the second quarter still up 29 Percent year over year. Now. I wonder how their quarters compare, right? Maybe this is a little bit of a tougher quarter versus the summer quarter Where everyone's doing a lot of traveling although you do get some of the summer action in the quarter They just contributed to Highest ever revenue and net income in the third quarter. So there you go Even though urban and cross-border travel have not returned to pre-pandemic levels Air b&b accepts revenue 1.39 billion or 1.48 billion in the fourth quarter in line with analyst expectations Average daily rates for the company dropped to 149 from roughly 161 in the last quarter Gross booking value which the company uses to track host earnings service fees cleaning fees and taxes 11.89 billion up 48 From year over year, but fell slightly mark was looking for 12.31. I mean, they are not cheap That's the one thing they're gonna face folks as we're looking at some of these places. We're thinking about going You're talking about some crazy fees and and service numbers that are in there You were all familiar if you've looked at them folks But nonetheless, you know, it's it's a different world right now and when it comes time to book vacations People are looking at those types of stages just like they're looking at hotels right now And maybe even more so depending on what type of vacation you're planning Okay, let's keep jumping down the line and see what we got going on. How about uber uber revenue up 72 from last year But the diddy state contributes to a big loss. Yeah, so much for that fairing well for the company Uber shares, let's see how they're opening up catching a bid up to about 47 bucks You're up 3.8 percent for uber shares uber really been struggling recently struggling to find a bid You accelerate from 38 bucks in september up to a high of almost 49 dollars You trade back down to almost that 618 to 4219 we've caught a bid from there That was just november 2nd. So you're up from about 42 bucks to 47 right now But getting into the numbers Net loss of 2.4 billion largely attributed to a drop in the value of its investment holdings particularly Diddy now diddy shares well, right Yeah, check out that thing they go ipo at 18 and I forget what what are they at? They had like a 20 stake or something like that and diddy. Maybe they get into it in here Come on. All right, we'll pull it up. But they they ended up seeding The land in china to diddy took an equity ownership in diddy for that deal They pushed diddy out to the public earlier this year and then china clamps down on the whole ipo market And you got a collapse in that from 18 down to eight dollars. So that weighing on their earnings But getting back into some of the numbers Gross bookings 9.9 billion delivery gross bookings 12.8 really remarkable, right when you look at these companies Delivery how uber has just transformed the way that we order food folks And of course you got door dash in there, right? You get instacart with groceries You have a bunch of companies competing in that sector but uber Is a ride-sharing company to many people and I don't think a lot of people would realize that delivery gross bookings Vastly outweigh their mobility gross bookings now Both of those numbers though. Look at what they're growing year over year last year Not really a fair comp in terms of the world much different than it is now thankfully But nonetheless decent numbers the market likes it and uber was already up. You saw that acceleration on the second That pop having to do with lift numbers out earlier this week. So expectations already a little higher You came into lift earnings with uber trading about 42 So keep in context there that you come into lift earnings. It's already elevated even with the elevated expectations of lift You're still up 4% on their numbers. We'll check out lift this morning Lift shares trading up a bit up another 5% probably on those uber numbers as they're both uh Doing better than expected all right folks. Stay tuned. We'll come back. We got more companies to jump through I'll be right back in three minutes Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. Petersburg tampa and clearwater 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 727-329-83222 Or email us at tiger at tfnn.com that's 727-329-83222 call us today The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David white's 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 Will the s&p 500 continue to climb for bold trades on us large cap stocks in either direction trade spxl sp u u or sp x s directions daily s&p 500 bull and bear Leveraged etf's direction leveraged etf's an investor should carefully consider a fund's investment objective risks charges and expenses before investing A fund's prospectus and summary prospectus contain this and other information about direction shares to obtain a fund's prospectus and summary prospectus This call 866-476-7523 or visit directioninvestments.com A fund's prospectus and 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 for 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 and hit watch tiger tv. That's tfnn.com and hit watch tiger tv Welcome back folks pulling back the charts. We got going on here. This s&p folks. Check out the action We're now up 35 points. You look at this on a daily I talked about the trend line remarkable action You're talking about i'm just going to extend this trend line to the right here and you're talking about 4766 is the top of that channel line We're only 60 points away from it remarkable action as recently as october 1st s&p's have said it many times You're talking about now pushing 450 points above that price level 11 percent the s&p 500 index has risen Since the beginning of october This is why no one's selling folks. You talk about missing out fear of missing out you sell in the september month Thinking that uh, you're getting ahead of a rough earning season potentially with the fed tapering and you just missed out on an 11 Acceleration in the s&p 500 in the span of just over a month. You don't get those types of moves very often folks Uh remarkable resilience in this market can't overstate it. All right jumping around to what else we got going on We're going to talk draft kings in a little bit draft kings now Penn national has all sorts of problems going on whether it's their earnings Or their ceo, we're not going to get into them, but draft kings they get some problems as well Wider than expected loss revenue fall short fell short of expectations They did raise the midpoint of their fiscal year guidance and said it expected a strong 2022 But a little light on the details there draft kings right now Clon back some of those losses actually on the open check that out So you're flat with their earnings to about 45 bucks now You want to talk about some woes man the cannabis sector watch our folks It just does not end on this can't be down 6.2 percent Uh, these pot stocks my dad was saying I'm gonna steal his line from last night. They have gotten smoked They've gotten smoked big time. Look at this chart. My goodness. I mean you're now below Where we were in september of last year folks, okay? That is remarkable didn't see that one happening Next stop might be nine dollars. There's no other place on this chart folks that it might go to From 56 bucks now that was a little bit of reddit fueled action as well in the beginning of the year get up to 5650 and it has been a one-way ticket to lower prices for canopy their numbers talking about canopy Getting the chart up here inventory write down delays profitability the market cares about profits folks It cares about in a big way They write down 70 million dollars worth of cannabis inventory after demand was less than expected in canada canada Canopy's biggest market gross margin of negative 54 percent. That is not a good good gross margin folks A loss of 163 million in adjusted earnings before interest depreciation amortization and analysts only looking for a loss of 50 million according to Estimates compiled by bloomberg See at down 2.7 pre market the stocks declined 46 percent this year through thursday It's declined 46 percent this year folks, but that is going from where you opened up in at 24 dollars I don't think it does it justice to see the slide that it's had from 5650 at the top end of that range Remarkable action to the downside for canopy jumping back to some of the other stocks with action this morning Let's see Expedia. They're out with their numbers 353 a share well above a buck 65 revenue higher than expected Travel services company benefiting from the surge in travel demand. I mean these travel stocks, right? Watch out man travel everybody wants to be travel and Expedia up 12.5 percent You're going to be pushing all-time highs of 187. I believe it's all-time highs. Let's make sure Yes, it sure is all-time highs of 187 made earlier this year. Let's check back into air bnb Yeah, continuing to run. I thought so man 196 95. They just had some really strong numbers always intriguing folks And this is why if you're trading the markets folks if you're trading earnings if you're trading options I encourage you to watch fast market at 12 noon eastern time kevin hanks tom white the team at the TD Ameritrade network Do an outstanding job trading and setting up hypothetical trades in the option market because it's so cool That's so often on these earnings companies folks The one drawback of trading options of earnings is that you can't trade unless the markets are open, right? 9 30 till 4 that's when options trade What's interesting there Is that when you think about it? That's something that's probably going to be remedied in the future. There's no reason why options can't trade 24 hours a day like other Equities now do indexes futures now do at least five days a week But right now they only trade in market hours and There's always the possibility that when those markets open at 9 30 that you get to move one way or the other and you're seeing it Right here, man. They got some strong numbers and meanwhile you opened at 185 You've already gained about 10 bucks up to 194 67 for air bnb shares Let's jump around some of the other companies with earnings. You got yelp shares giving it back same deal, right? Sometimes you got to wait for the true reflection of supply and demand yelp actually negative on their numbers now Did I have yelp numbers up here? Where are they? Come on. I had them up somewhere. I was looking at them this morning Okay, I'll pull them up as well They had some pretty decent numbers because they were trading higher last night to 43 bucks They held that basically overnight till this morning and then this morning falls out of bed You get yelp down about 2% right now for their earnings canada goose the out wearmaker Outer wearmaker there we go reported an unexpected profit for the latest quarter They were higher pre-market. We'll see if they hold it better than expected revenue and raising the full year forecast forecast so important Much more important than what they did in the last three years It's seeing an indication of a strong winter season. Everybody getting their candidate goose There you go up 17 percent. There's a pop for you checking out this thing on a weekly basis Down to 12 bucks during the kovid lows You had a high of about 50 bucks earlier this year and you're going to be pushing those eyes right now canada goose Raising the forecast beating on earnings beating on revenue talking about a strong quarter up 18 percent on their numbers gotta love that Live nation, they're up 5.4 pre-market. Let's see return to profit amid sales surge as live events returned Can't wait to attend some good concerts Concerts one of my favorite things to attend. There you go up 16.8 16.3 percent excuse me and always remarkable when you compare it to the pre-pandemic levels of 71 dollars I mean this stock's been on fire at the beginning of 2017 you were trading at 27 bucks That's like a four or five bagger since then it's been a one-way ship On this price now. It's interesting here, right? You are breaking above even if you just look at this channel line Because I was looking at this just a couple days ago as they were coming out with their numbers I mean look at this channel line that we're kind of coming into right you take out covid in there And you see that we were there. I mean you're just crushing above that right? That was a pretty solid channel You could make the case that we were in from 2017 18 and 19 You resume that channel whether you had the highs of march You were up on those highs coming into earnings and they just blow it away and putting this on a longer term chart Yeah, live nation they're accelerating higher and I imagine folks people are going to look at concerts and venues And sporting events in a different way than they ever have for their lifetime folks That was taken away from us for a period of almost two years Uh, I I'm going to try and get to them all from now on I imagine many people are feeling the same way As I said concerts live music almost nothing like live music folks No matter what kind of music you're talking about if it's good live music I'm up for it and uh, looks like I'm not the only one with live nation crushing it today a big time Look at this dial man dial up nine tenths percent thirty six thousand three twenty five in the dial We got the s&p's above forty seven hundred. We got the russell up 1.8 percent right now crude 79 75 we got gold up five dollars right now. Let's check out the vix 1508 on its way to a 14 handle stay tuned folks. We'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 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. 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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 checking out the markets s&p is up 31 points right now 4704 can't see this market really giving up max traction today nasdaq a little week I mean nasdaq's just been on fire. I talked about you check out the cues right Checking out the cues you put it on a daily well above the channel line that we've been in You got to go back more than a year. We've been in since august almost of last year The cues pushing above 400 folks remarkable action in those cues dow up 310 points. Check out the dow Dow could be making a bit to get back in this uptrend channel got a bit get above 37,000 to make that happen But boy, we've just risen from a price point at the end of september. Check it out folks 2,000 dow points Did you hear that the low No, 3,000 3,000 dow points from the low of the week of september 27th. I was taking the close 3,000 dow points from the lows This market watch out folks, man. It is amazing and the Russell right now up 1.7 percent Checking out some of the companies that had earnings that we went through Let's see how they're all holding up right now You get air bnb up about 10 percent right now Yelp shares had given it back and they stay down there down about half a percent Uber shares trading higher up 7.4 percent We have some uber uber in my newsletter for disclosure rocket equities and options draft kings out with their numbers this morning Look at that cloud back back to basically flat after being lower below 40 bucks and cannabis stocks Watch out for cannabis stocks folks down 6.7 percent At some point They will find a bid because cannabis is going to be around The trend of legalization is not going backwards in the us But boy profitability not even close some I never imagined this thing would have been back to here But that's why you have stops folks I think I might have tried to get into this equity and rocket equities options around 23 bucks But guess what we had a stop you got to have a stop you're playing with any of these You got to have a stop you want to be in the travel stocks you want some Look at look at delta airlines up 6.4 percent You're going to see all these because the travel stocks look at united up 5.5 Let's see if the cruise ships are reacting norwegian up 5.6 right now carnival up 7.7 folks Put your stops in though on some of these equities man. Watch out Should be an interesting day in the markets folks stay tuned. We got basal Chapman up next He did his program at 8 a.m. This morning, but we're going to replay it right now Live programming after that folks larry at 11 fast market at 12 steep roads live at 1 o'clock today Dave whited to tumble Bryant at three. Have a great Friday everybody