 The following is a presentation of TFNN The TFNN Bull Bear Training Hour every training day live at 10 a.m. Eastern Call now toll free at 877-927-6648 or internationally at 727-873-7618 The TFNN Bull Bear Training Hour Now Tom and Tommy O'Brien Welcome folks appreciate your growl at a problem with us out here We have the now industries down 81 Nasdaq soft 44 recipes of 12 and a half gold gold up $7 trading it 1490 notes get silver down two cents 17 dollars 35 cents an ounce light sweet crude flat 52 doll 52 dollars 99 cents a barrel notes and bonds to get the tenure up six ticks 129 30 the 30 year up eight at 160 oh six and King dollar King dollar down 166 trading 98 127 the euros at 110 the yen is at 108.66 and the pounds at 128 the pounds getting some real juice underneath it no doubt It sure is especially when some of the headlines have been negative for the pond right yeah They're talking about the big sit down or whatever they're calling it tomorrow, right? But the the headline ahead of that's that they're worried that they can get a deal ahead of that versus yesterday The headline was they think they're gonna get exactly that exactly so you can see that pound I mean that's the things moving man pretty remarkable the loa right is almost a two full Points ticks whatever you call it from 128 36 right now We're at 126 58 just on the bar of today right as in and maybe that's where you did get a Pull back on the negative news and maybe there's been an update to a resurgence of optimism go over to the euro The euro is getting up there a lift to I mean so it's gonna get interesting here watching this whole thing shake out Yeah, because they're both in down and down pretty bad for a long period of time Yep, the opposite of course that we go over to the dollar the dollar got back inside its lower range Yesterday and it's digging into it now, you know, so the the number that we're talking about here is 98 371 Well, you only couple hundred parking couple hundred point ticks into it. Yeah, but nonetheless, right? Yeah, and The well here. Let's go work day work day is getting smoked out. Okay. What do we have to happen in there? I'm not sure you day. It's gonna make they come out with numbers, but it's like, okay really getting smoked man Yeah, I'm one of the 10% yeah, so Let's say enterprise cloud based applications, okay 38 billion dollar company not bad. Look at this is an ABC down to oh baby. That's trouble in paradise So you're broken. You're broken a swing point 163 Look at this. You needed 2 million chairs 2.4 million and you got 3 million already. Let me put this on a weekly This could be like a a much larger ABC down and you know, this is look at this This is trouble. Oh look at this this actually this broke a B point That's an August so that would have been 226 on a weekly To 183. So you got what 26 36 43 yes Which would get into the 150s. Oh, look at that. That's that's the larger ABC. Yeah 43 That's 156 or something, right? Can I um, can we see how far that pulled back? Can we pull up a Fibonacci? I just want to see from that recent run. Maybe in last November right here. No, can I just uh, yeah, like, you know What the pullback span? Yeah, right We'll pull up our annotation we'll pull up a little retracement action just kind of going off this area Which is a pretty solid area. You're going from whether it's march of 18 all the way through November You trade up pretty dramatically and you're looking at exactly a 61 retracement on the dot So we'll see let's see what they have to say quite a pullback today more than 10 You know if you're in that stock on margin, man, that's quite a hit slowing growth Well, let's see how do they want them to grow? Let's see they these these high flowers. There you go pe of 94 Yeah, if you're in cloud software, right, you better be growing man. Yeah, yeah No, no, can we pull up there? Maybe just the top one? Yeah Because you got some analyst cuts probably coming out on the heels of that as well So analysts uninspired by the company's recent workday rising event with many brokerages noting slowing growth in the company's human capital management Hcm business and most seeing few opportunities to offset that trend Yeah, yeah Big number, man. Yeah, that is a big number The uh How about gold man? Why not because quite a pop on that retail sales, right? Retail number. Yeah, so you got a decline in retail sales of 0.3 percent the core number Getting hit as well and man, I you know gold pop from about 1480 to 1495 And usually that's been correlated to a market reaction as well and no real market reaction on that news, right? Which is interesting. Yeah, so it was definitely good pop Oh, yeah, you know that you can't see it on that chart when you put in the right and that it that comes back to that One more time if the consumer If the consumer basically stops spending money, uh, these rates are going to go to zero a lot faster than they might Because you know, I I jump around on cmbc not a really a fan of cmbc in general Especially their television coverage, but they had some good quotes down here in terms of what we're working with so um You had data for august revised up to show retail sales getting 0.6 versus 0.4 All right economists pulled by voters though. We're looking for that 0.3 climb Uh compared to september last year retail sales increased 4.1 percent. Look at that. So we only got a 0.3 No, we got a negative, right? We got a negative. They were looking for an increase september was a Increased by 4.1 compared. I was trying to go through this one as well in my head And I think that's saying compared to last september. They were up 4.1 percent But they climbed 0.3 percent for the month in september That's still pretty good I yeah, but guess what man if the market's priced in for much bigger things, you know, that's where expectations everything We're we're basically almost at high So this is where excluding automobiles gasoline building materials and food services retail sales were unchanged last month after advancing By an undervised 0.3 percent the so-called core retail sales correspond most closely with consumer spending With the consumer spending component of GDP GDP huge number, right? So last month's drop and august undervised gain in core retail sales likely suggest a much more significant slowdown in consumer spending In the third quarter that economists had been anticipating after a surge in the prior quarter So that number I think is Is already in the market. We had huge growth Yeah previous quarters previous quarters. That's probably why that 4 number against a year Consumer spending which accounts more than two-thirds of the economy increased at a 4.6 percent annualized rate in the second quarter The most in one and a half years It's been the economy's pillar of support as the 15 month trade war with china has soured business sentiment Leading to a decline in capital and recession So couldn't you know consumer spending has been the big one here because you had capital pullback for businesses, right? Signs of a rapid deceleration in consumer spending coming on the heels of data showing Moderation and hiring and service sector industry activity in september could further stoke financial market Fears of a sharper slowdown in economic growth. So I thought that was interesting reading through that, you know Because it really does break down how important that consumer is and how this core number Might really be pointing to That type of a slowdown. Yeah the trend. I mean that's that's uh I don't think we're going to see year on year 4 point something percent next september, right? I mean that's that would be we would have to have quite a 12 months right now when you're looking at a decline On the month. It'd be phenomenal. Exactly. So let's go take a look at some of the higher volume equities We'll see whether we get any volume out here uh today in this marketplace. You get bank or america. They come out with numbers That's up 61 cents. Chesapeake is flat. You get uh roku down three bucks Microsoft's off a buck and a half How about that pharma company, man? They must be getting taken out. Yeah, they up 270 traded 635 alexion Buying that company. Good for those shareholders. Stay right there folks. I'm right back If you're not currently using the taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks etfs commodity futures and forex Heated by steve doll taz understands that in today's technological world the use of top flight software Applications and technical analysis expertise is essential to successful trading in today's market You also gain access to the webinar that steve doll and tom o brian just hosted The best way to use the taz profile scanner to profit this webinar archive is available for all subscribers Immediately upon signing up all new subscriptions also come with a 30-day money back guarantee So you have nothing to risk Start your subscription by visiting the front page of tfnn.com today And you'll find the taz profile scanner under the services tab sign up today 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 83 22 or email us at tiger at tfnn.com. That's 727 329 83 22 call us today Many of our new listeners have heard about the tiger's den The tiger's den is a lively community where professional traders and investors can meet exchange ideas and information in a comfortable moderated atmosphere Hear all of the tfnn shows plus see all of the charts as they happen live and have access to archives of all of those charts You can test drive the tiger's den absolutely free for 30 days and greatly enrich your knowledge of these markets And how to make your money work for you details on the tiger's den or on the front page of tfnn.com tfnn has launched our brand new website You can still visit us at the same tfnn.com URL But when you do you'll see a new and improved home page with a much simpler navigation Whether you're watching tiger tv live in high definition or just accessing your newsletter subscriptions We even have new pricing in six months and yearly options Check out the new tfnn.com now and experience all the upgrades tfnn.com educating investors All now toll free at 1-877-927-6648 internationally at 727-873-7618 No oil numbers today federal holiday on monday. Yeah, so uh, we get oil numbers tomorrow thursday at 11 a.m As opposed to wednesdays at 10 30 usually and it's always kind of cool when you get that because for some reason Maybe maybe the government with their data They just need two or three days no matter what so wednesday is a little bit too tight They come back to work tuesday But they can still get the natural gas out thursday as they always do so you get natural gas as usual 10 30 On thursday and we get the crude right after that at 11 a.m. Eastern time. So that'll be interesting Now what can you just hit that again? So what are we looking for the oil first right here's the oil So we're looking for the crude that's coming out tomorrow 11 a.m Looking for a build a build survey number That's usually the analyst number looking at about 3 million barrels the whisper number is just on bloomberg I believe that's like you or I we can put it in here So sometimes I give more credence to the analyst number because they're basing their whole job off that whereas anybody on the terminal Can shoot for the moon if they want to and tweak that whisper number But nonetheless, they're usually pretty closely aligned and they're looking for a build between 2.3 and 3 million barrels Yeah, and let's see where natural gas is lined up by the curiosity Well not surprising there more natural gas in the market right plenty of natural gas They're looking for 108 or 106 billion cubic feet Um, and it's pretty cool. So that's the whisper number that you can see it move as people are guessing And that's going to move a lot as in I think a lot of I think a lot of people really are pushing this um The morning of approaching as we as we do, you know 15 minutes ahead of time or whatever it is Yeah, and how about gas we'll finish it up before we jump gas We're used to that gas I guess yeah, they're looking for a drawdown of 1.5 to 1.75 So what else we got going on? Oh, netflix netflix and that's lx now. This is going to be a monster folks I love just thinking about this story, you know because there's so many dynamics Fundamentally if you can I was just telling you I'm pretty sure I'm about to cut that cord like today if not tomorrow Uh, they're jacking up my cable bill again. Really don't watch too much tv Uh, and I'm a netflix fan. I'm an amazon prime fan. I'm an hbo go fan Uh, but guess what man? I got I got some reservations about the the price levels that netflix is at as the market has from that pullback But man, look at that revenue, right? You know, it's so funny is that you say you don't watch too much tv and then I I suspect like Four or five years from now. We won't even use that word. Yeah, right. Yeah, I mean Because you it's come to represent a different thing it is. Yeah, I say I don't watch too much tv I cut mine. I was like, you know, it's cutting the cable is it because you still You know, I I hit if I want to watch a hockey game. I hit like a little computer on my phone Sure, you got your phones. You got your tablets. You got streaming devices, you know my laptop right now I think it has a 4k screen. There was a coming pretty common place and the You know soon enough the television quote unquote is just going to become another tablet on your wall So, let's see 1950 76 years yeah, very good. No, that's like it's not quite there. Nice 70 year run. Why not? But man, so they're looking for this quarter 5.2 billion in revenue and they're looking Looking for a big number in the bottom line I was gonna say that'd be the first time they make a buck a share if they deliver and We'll see what happens a lot of that of course in terms of their Earnings is going to have to do with subscriber growth as usual I think I had heard I was saying to you before the program that they're looking for somewhere around 800,000 subscriber growth within the US and I believe something like 6 million abroad Wow, big numbers still to be growing. Yeah when My contentious point with Netflix is that they might have reached peak saturation for themselves They used to be the only player in the market And guess what it's right about when you're pointing on that chart you back things up 15 months ago They were the only player now. Amazon's always been up there. Okay, but now you got Disney is the big one that I keep saying because man. Oh man. What's it going to be four dollars and 99 cents? You're gonna have disney You're gonna have anybody with a child. It's almost like a 24 seven operation You keep that as in there's no reason to cancel ever whereas Netflix and I love Netflix I'm a fan of their programs, but I don't see the need to have a Netflix subscription 12 months a year Right, maybe it's six months a year. You can go on and off. Yeah, right. Yeah, and that's why I think they've been trying The idea of rolling out Episodes for seasons at a time, which would be a bummer because I love that Man, they're still right. You know, baby baby better come up with a big number Yeah, they're running a 111 PE Yeah, and you know if they're still growing in terms of adding six million subscribers over 90 days They're gonna have some growth in there for sure, you know 124 billion dollar company and uh They really have grown exponentially. Look at this in 2015 folks. They took in 6.8. Yeah billion this year 20.2 Yeah, that's that's pretty amazing and look at the three-year international streaming Let alone domestic. There's still three years. They're growing at 18 percent in the domestic Big number. Yeah, you back it up to 2016. I thought everybody already had Netflix in 2016 let alone, right? I remember people saying 2015 2016 that exactly that's yeah, everyone did have it But guess what I wanted to see if we can get in here the exact Let's see. So they cut back on stand-up shows retooling of comedy budget. That's interesting. Let's see competition looms Uh, let's see if we got any action here in terms of what they're actually looking for so Stock swings of 10 or more are not uncommon, but with the shares down more than a fifth That's 20 percent since they disappointed investors in july the risk of another plunge may be lower this time We'll have to put the think it's one platform. Yeah, see the one-day expected move We'll pull it up right now after this. So here we go. They're looking for an increase of about 800,000 us subscribers And six million internationally. So that'll be the big one that they always look for and of course they'll look for poor guidance as well Yeah, so let's say, uh Stranger things is a hit for them. Yeah, and I watched Stranger Things. I'm a fan of it same deal But you know what it's it's I watched it. I binged it in like a weekend You know, and then what do you do? Yeah on netflix and then what do you do for the other 50 weeks out of the year, right? Yeah, so we'll see what happens. Let's jump over to the think it's one platform netflix And I believe we go into the analyze is that where we're at and f l x One day market maker expected move 27 dollars. So almost 10 percent 10 percent. Yep. And one way or the other that's what the Market makers are pricing in for premium if you wanted to kind of buy both sides of the market, right? With an expiration of like the current date this week's expiration You're looking at the market maker one day expected move $27 67 cents That is a giant man for sure and to put that on a little bit of a longer time frame because it's always cool when you can see We'll put it on a daily I mean look at the earnings and that is the one that they're talking about in july that they referenced man Where they really talked about some slowdown you were right up there near highs before their last earnings And you would have thought that was a big drop on the number But guess what? You would have gotten out a dodge of 320 if you sold it the day the next day and that stock still went to 254 So you're talking about 70 dollars that it continued down after that drop Let alone, you know, we've gotten a little pop, but man. Oh man. There's there's there's no You know, you could call it from september 24th. We're up about 30 bucks. Not bad But guess what we're up 30 bucks and you just saw that the market makers are saying it can drop 27 today Or go up 27 today. So that whole pop could be gone if they disappoint. Yeah. Yeah pretty wild man. It is That is a monster number. Let me go monster number It really is Oh man, and I think so what are they 125 billion dollar company? I just thought so they're going to take a buck to the bottom line I think I saw on there 400 something million shares. So maybe they're making about 400 million dollars That's not that much when your company is valued at 125 billion right and you got competitors Coming down the line at you stay right there folks. Tommy and I are coming right back We have the now right now of down 27 hours. They're going to 20 sps of 5 and a half. We're coming right back Hi folks, Tom O'Brien here If you'd like to get my daily newsletter market insights, then now is a great time to sign up for a 30 day free trial Every morning by 9 30 I send out my morning letter to subscribers with market commentary on a variety of markets currencies and commodities to keep investors up to date on the day's Trading action included in market insights are specific buy and sell recommendations for stocks ETFs and even options Which stops and price targets included for every trade in my newsletter If you'd like to try my newsletter risk free for 30 days Then head over to the front page of tfnn and you'll find market insights under trading newsletters I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important Information they need to know for the day ahead I even issue afternoon updates for my subscribers whenever warranted with important market action I'm always scouring the market for the next great trading opportunity Sign up for your 30 day free trial to my daily newsletter market insights today by visiting the front page of tfnn.com Oh, go get them folks The path of least resistance is david white's daily trading newsletter And if you're looking for active trading ideas, then now is a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter Using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted Don't miss out on this great chance to get a 30 day free trial to david's daily newsletter The path of lease resistance with no obligation to pay anything david has been delivering solid recommendations for his subscribers Recently and if you'd like to see the type of newsletter he delivers every morning Then visit the front page of tfnn and you'll find the path of lease resistance under trading newsletters For all the details and to start your 30 day free trial today log on to tfnn.com now 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 guard lease 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 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 Welcome back folks We have the that industrials that down 19 that's like off 20 s and p's uh off five and uh, you got a little pop out here Yeah, so I just want to finish that one. I was going through with you the break I love doing the comparisons and I love this netflix to disney comparison man Because I really see disney coming to eat some netflix lunch in the in the near future So disney you're looking at a market cap of 235 billion. Okay. I think netflix is about 125 So for easy math call it almost double the size of the company, right? And you you're almost to have two billion shares outstanding. Okay, right? So you get into the revenue And you're looking at 571 for profit while five bucks a share at two billion shares They're going to make more than 10 billion dollars in profits. Okay And they're pulling in 69.7 billion in revenue now you pull over netflix is We already ran the numbers 324. Okay, and they're they have about 435 million shares outstanding So that's looking at 1.4 billion something like that while we just compared it disney's taken in 10 billion in profit netflix only 1.4 netflix revenue about 20 billion Again, disney revenue almost 70 billion so three and a half times and where it ties back to is that netflix is pulling And this is all about pe right so it's got a factor in growth netflix pulling a pe based off their 2019 expected about 87 in disney. I believe it was about 23. I know And we'll jump back to the profile 23 so netflix has a lot to prove that's if you're going to be a buyer in netflix right you better believe in their growth story, right because You're not buying what they have already because it's priced in some dramatic growth and guess what you know If they deliver six million international subscriber growth if they deliver 800,000 But I would just keep your ears up if you're a buyer in netflix, man, because I see I don't you can't Not that you can't we'll see because people are saying it I don't see how they can continue to grow at least domestically In the face of so much competition when they've So saturated that market for so long right so we'll see yeah And you're not going to be the only one watching that Yeah, it's just it keeps the market in general. That's going to be a big one in general I agree. I agree because it's not just them too. It's time Warner. Like we said, right? They got hulu. They got espn hulu espn plus There's going to be a lot of competition coming for them. Let's go over to that oil market and see what we have Inside the oil and gas Equities so the xle right now that's trading 5803. I see this having a hard time getting any type of traction, man It's so intriguing that these oil companies even at these prices just have a tough time. I mean 79 dollars In may of last year, and he's just laying at these lows. Yeah No, yeah the How about the fees on that aramco deal you see that yesterday banks? Oh What do you think the banks are going to pull in from the from the aramco deal? 450 million dollars potentially. Okay. It's just that yeah now there's going to be 20 banks in there I think jp morgan and I forget the other bank are going to be the the lead the yeah the biggest hefty pack of the bunch but uh Just a staggering amount of money when you think that it's going to cost almost half a billion dollars Just to push them public and they're only pushing out like two percent of the company, right? Something like that. I mean In theory it's really something that they're only really pushing it out to get a price So that they can they can loan against that or you know a mark to market Right. Um, so if you want to be a two percent shareholder of the saudi oil company. Yeah more power to you But yeah, exactly. Yeah. Yeah, so bitcoin This uh, you down to buck 85 the last lows out here. We're getting close to them 7 7 3 6 Yeah, couple hundred bucks down Just been inching down man inching down and you can see I mean that's so it's a pretty critical level We're going back to that may area where it kind of hung out for a while as well. Yeah You know, I mean it almost looks like you can go fill this whole gap and oh sure 400 the high and what is the low of that gap if you can that next bar just to see where it opened Uh, the next bar the high the low of that one. Yeah 68 66. Okay. Yeah Big number. Oh, yeah Big numbers. No no doubt about that the um That'll crypto deal it'll be interesting to just to see where this whole thing does shake out in the end Yeah, you had libra, of course yesterday, right with they're losing basically every important partner they had But then I heard an interview on bloom burger early early this morning About one of the founders of libra saying they were in like Geneva somewhere in switzerland yesterday about a big Convention to and it was all positive praise and I was like what a spin job When you basically have the whole idea fall apart yesterday and you're talking about how promising everything is in the future Yeah, so yeah, let's go over to the note and bond market. So the note and bond market, you know This this little baby tang and tough But it's kind of intriguing because you know, I it rejected lower price yesterday You did have lighter volume, but it's not like you're getting any strength in this, you know, you have five ticks You can see you did volume of 285,000 contracts yesterday You're going into 487, but you know, you didn't hold price. So That swing point going all the way back to uh the 13th is going to be important. Yeah, and yeah 160 is the high 157 is the low because like These tenure rates these aren't they're so high now. It's unbelievable It's from 1.75 look at that thing out of the stratosphere, man, right you compared to Three months. I mean that I think that's probably within the last month, right? Can just go down in the month. Yeah 1.457 now we weren't quite there. So 1.52 though within the last month alone and we're sitting at 1.75 The volatility in in the bonds man watch out It's a fact not not no such thing as uh stability in that bond market. No, no, let's go over to apple you know I don't know if they get the Propaganda going good to get the pr going good good every day turn on the radio They keep talking about the 11 how it's selling more than they ever thought it was going to be You know, yeah The chart seems to agree. Yeah, there's no doubt man. There's no doubt. Now. Look at that We were just talking we were 20 20 20 pe not bad Especially when they're a 1.05 trillion dollar company now they got let's let's see them out They got 4.5 billion shares outstanding not bad when Your your your stock is priced at 235 dollars and you have 4.5 billion pieces of that paper Each one being priced at 235 dollars and let's see what they're going to take to the bottom line So when uh, actually when when do they come up with their earnings october 30th? Okay And they're looking I mean just staggering man So they're going to take more than 10 bucks to the bottom line 11 68 And that is more than 45 billion dollars in straight profit over the year man And even for the quarter you're looking at 284 and again almost 5 billion shares So you're looking at what's that 11 billion dollars in profit in 90 days I mean it it becomes there's a lot of zeros going through my head trying to crunch that Seriously, right because what do you got you got 11 billion over 90 days? That means every nine days you're processing more than a billion in straight profit Yeah, so you're approaching almost a billion dollars in profit a week because they're taking in like I said 40 50 billion dollars So almost a billion dollars in profit every seven days to the bottom line That's phenomenal. Yeah, it is especially when they still got a pe 20. That's still some growth man You know, it's not like a 11. It's not 12. It's not 14 It's a 20 when when you're processing a billion profit Yeah, and we don't even I guess we could find out how much cash they have in the bank, but lots Exactly, you know you look at that. It's like, okay So amazon, you know, uh, we're 1780 You know, we haven't you know been hearing a lot about amazon, but guess what? It's the holidays. I was waiting for you to say and it sure is They usually have some pretty staggering headlines themselves during the holidays in terms of what they put out Stay right there folks. Tommy and I coming right back. We're gonna come back with our man is the titty cake stat We are gonna be talking Currencies and those currencies over in europe. I'm moving folks not my back If you're in the cd market and looking for a secure investment The tiger first mortgage program may work for you The security for these first mortgages are building lots in the tax opportunity zone in st. Petersburg, florida The tax act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits Which makes these lots valuable. The investment is anywhere from 30 000 to 75 000 The interest paid is 7% yearly paid on a monthly basis according to bankrate.com The best rate for a four-year cd in the country as of february 20th is 3.1 A $50,000 investment at a normal four-year cd rate of 3.1% would give you income of 1550 per year Or 6200 over the four-year period that same $50,000 investment in the tiger first mortgage program Would you give you 3500 per year or 14 000 over the four years? What should you prefer 6200 or 14 000 of interest on your investment? If you'd like more information about the tiger first mortgage program, you can call me at 877 518 9190 That's 877 518 9190 If you haven't checked out the newsletters page of tfnn.com What are you waiting for all of the tfnn newsletters are informative up to date affordable and must have for every trader Looking to gain a competitive informational edge in today's markets tfnn newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks bonds metals Commodities and tech there's a newsletter to fit your needs exclusively from tfnn Stay informed each day you trade and get that competitive edge that will help you stay ahead of the game Visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com educating investors Biotech is booming But for how long whether you think the biotech bull has room to run or has run its course trade labu or labd Directions daily s and p biotech three times bull and bear etfs Visit direction investments.com slash biotech today An investor should consider the investment objectives risks charges and expenses of the direction chairs 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 866-476-7523 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 for the latest market information 33 nasa got 18 s and p's off five Let's go over to our man. Mr. Teddy cakes that as we do each and every wednesday at faulty past the hour You can check out teddy every trading day folks at his website, which is forex That's trading that's unlocked calm as forex That's trading that's unlocked calm teddy cakes that what's happening, brother Good morning guys. How are you today boy teddy? Well, we get some movement out here, man That that pound has picked its head up the euro looks like it's picking its head up Yeah, we got some bulls going on over in europe in front of the uh the meetings that are going on tomorrow and friday So and for your viewers, I don't know if they're aware of we have obviously everyone's aware of the brexit situation that's going on but the uh european council on brexit is meeting tomorrow and friday So we're probably not going to see very much action for the rest of today's session going into friday and the euro and the pound right now I would think okay, so this was the lead up to all the fun. Yeah Absolutely, absolutely Now the euro and the pound have both been rallying very nicely If you look at the daily chart, we had that buy signal a couple weeks ago And right where the market is right now is pretty much into our target area from that initial buy signal from that low So right now, I think we're in a really good situation where regardless of how the meeting comes out We'll probably see just a slight pullback in the euro u.s. Dollar a little consolidation Because you have almost an upside down head and shoulders forming if you look at that current Big low on the euro u.s. Dollar chart. It's like the head for a head and shoulders forming up right now And then we have the pound u.s. Dollar, which obviously has been very strong, especially over the past couple weeks The weekly chart actually it's it's strong today. It's hovering below its highs and stuff But the last week it was an explosive week So we know that the the range of the pound when it starts to move can get very extreme And it looks like it definitely uh, they the lot of bulls are heading into this meeting So we'll see what happens, but I think you're going to see digestion for the next couple days I don't think there's going to be much more of a swing trade left in it Well, you know what's interesting is that they they seem to both be Moving up. I mean, you know together, which is kind of cool. Actually, you know what I mean? Um, I guess since the in a while this year, right? Yeah Yeah, you know So it's like because it almost looked like the pounds could go to a dollar and not the pound the euro Almost like the euro could go to a dollar at a certain point, but hey, it almost looked like the pound too on that trend, man Seriously, it was no end in sight Yeah, so we'll see we have a little bit of dollar weakness creeping in if you on today on as far as the currencies are going You have the pound u.s. Dollar the euro u.s. Dollar that are strong You have the u.s. Dollar yen right now that's fledgling. It was lower earlier today Now it's kind of flat underneath hot new move highs that it's set yesterday You had the u.s. Dollar swiss also that has fallen short of parity the last few sessions and is a little bit Right before we got on the air was lower. So I'm not sure where it's at right now So I think that the dollar index right now obviously is on a little bit of a pause But we might be starting to see a little bit of a turn where we might start to see the dollar index Pull back and start to see a little bit more strength in these other currencies. Yes Hey, what do you think about the yen? It looks like the yen I mean, you know, it's coming into that downdraft from what august 1st But if it right because buy that downdraft man, that could Basically get some juice, right? Right. Well, what's interesting is The recent highs that it set over the past few sessions remember last week when we were talking We were talking about how those highs had gotten rejected and the market was actually a little sluggish Yes All of a sudden it made this lower move low and it took out the highs for the past few weeks It's a very positive signal But then also if you look at the trend The the the us dollar yen has been rallying basically for a couple months now I think we might be seeing it now if the dollar index starts to weaken We may see now this is a little bit of a toppy area for the us dollar yen And start to see a little bit of a retracement back to lower levels I think today's close is big If you look at how we haven't made a higher move high yet If the market settles a little bit lower like if it starts to look like where it was a few hours ago That's a short-term sell signal and especially if we get a close It's lower today and another lower close tomorrow That would be that would set off a nice sell pattern that we probably would see the market trend lower for the next week or so Good because right now that thing You know Looks to me it doesn't look to me, but I we know where it is I mean that bust this top side man that the gold market will get smoked. You know what I mean? That's like, yeah, interesting. Absolutely. Absolutely. So I think that the bulls is as aggressive as they've been for the us dollar yen Over the past week, especially I think this is an exhaustion gap. I think you're gonna start to see it fall apart Right. Is that why it was so what we're talking about folks the the wide bar It was an extraordinary move on on the 1st of august. We went from 109 to 107, you know, which Yeah, there's huge action everywhere on there, right? That's what bonds took off everything, but that's quite a bar on that yen Yeah And remember we're done with the interest rate stuff right now for a little bit. Yeah, I was really concerned about central banks right now Right. Yeah Pretty wild. So the we're gonna be back to the european union the brexit the pound I guess that the pound and the Euro are gonna be basically the move is out here, right? Absolutely though I think they're gonna be movers come friday unless there's probably next week because I don't think we're gonna get A lot of noise out of this council meeting unless they start to really spark headlines, you know But I think the swiss you could see a little swell off the yen Especially like I said if we get a negative close today now for your us dollar can of the traders that market has been wedging It's kind of stuck in the mid like the lower part of a dollar and a half range I wouldn't have very many much expectations for that market either. I think it's gonna Probably be a little bit positive to neutral over the next week or so, but not much of a swing trade going there But yes after the next couple days, I think we'll start to see some action But I think it ranks traders are going to be the ones that are going to be making the money over the next 24 to 48 hours. Yeah, man, you know We haven't had like I mean last week there was some really fast movement there But we haven't had like really fast movement the currency markets for a while, right? No, we haven't we haven't we had some nice trends Individual markets on a daily basis. Some have had some moves like the pound The pound has had aggressive rallies over the past couple weeks when the other currencies were really quiet If you look at the rally from the euro us dollar versus the pound There's not much of a movement on the euro. It's gone up, but it's still basically really it's it's right now around that 110 area, but 108 80s is just you know, it's a buck and a half away You know, but with the pound look at how it's moved in the past two weeks. It's taken out like five handles That's a big passive move, you know and basically a week actually of trading right And you know what what does happen with the pound folks, okay? I mean this thing has got killed in the last two and a half years It's very unusual that the pound is this low. I mean in the context of 20 or 30 years It's very unusual the country exits the european union. Yeah, so Thanks Yeah, two funny interesting times we live in right now Well, you know what I think is going to get interesting is after this meeting guys because We're right now. We're 16 days or was or 15 days away from the actual brexit date um and with the way it's looking right now There's some pretty big issues that they're talking about as far as traveling, you know Like you're going to be able to travel between the uk and the eu But you're not going to be able to move to the uk after january one very easily at all Yeah, it's going to change a lot man. That's that's what happens. Yeah So we'll see it's going to get interesting right guys. Oh, that's for sure Teddy you have a great week safe week. And of course we look forward to speaking the next wednesday Sounds great guys. Thank you. Thanks for the update teddy Stay right there folks. Tom and I come to my back I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers share If you're looking to become the best of the best when it comes to managing your money Let me teach you to do most wealth managers tell you can't be done Which is how to time the markets I'm steve rhodes author of mastering probability and for the last 12 months Timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the s and p 500 for the last 12 6 and 3 months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use that is Transform me into one of the best at what I do sign up for mastering probability today By clicking on the newsletter tab on the homepage of tfn.com and get immediate access to workshops Where I take you step by step how to use an extraordinary set of tools as well as provide great market calls to sign up today If you're a trader in the market looking for exposure to gold or gold mining equities Then now is a perfect time to sign up for tom o'brien's gold report the summer is over Gold is trading back above 1500 dollars and the 10-year treasury is hovering at around 1.5 percent Tom o'brien has been writing his weekly gold report for almost 18 years There's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a 30 day money back guarantee So you have nothing to lose every monday morning Tom publishes his weekly gold report with coverage of gold silver bonds the xa u hui gdx the dollar as well as more than 30 different mining equities as of september 3rd Gold report subscribers have five active open positions with an average Unrealized profit of almost 38 percent for each position to see for yourself the types of profitable trades that are recommended within the gold report Sign up today by visiting tfnn.com Since 1984 basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion While originally hand drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply Later basil found the computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns As well as market trend calls thus was born the Chapman wave sequence Using the Chapman wave methodology along with other indicators Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter Right now you can get a two week free trial to the opening call basil's daily trading newsletter by visiting the front page of tfnn.com Cancel at any time during that trial and pay absolutely nothing Get your two week free trial to basil's newsletter the opening call 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 Welcome back folks. I doubt now it's down nine down six of 11 It's a piece of two and a half and the market just shakes it off. You better talk quick We're gonna be green territory by the time we're off the air in three minutes. It shakes it off. My goodness. There's no two ways about it. Yeah, um You know, we we were we were just talking with teddy when we're talking about the the correlation of Gold and the yen. Yes, and we were putting that the We'll put the comparisons up. Yeah, let's go for it. It was a little bit tough folks It's just looking at it. Well, of course what matters is how long of a time frame, right? So we're just playing with different but just going from here. So we're going back to a six month chart We got the gold contract up there. We're gonna put the yen spot currency to compare how the two have traded So you got the yen You got the yen up here in the Gold I guess color and you got gold in the white and the yen was starting at about 112 I think and now it's trading at about 108 81 Versus you had gold down here now gold on the right axi. So gold down there started about 1250 Um and trading right now 1481 you can see kind of the difference there or when the yen gets stronger The market well gold loves it the niké hates it Now the yen getting stronger is that a decrease in the price or I just bring a people to right We started 112 yen to one dollar when you get down here you can see when you you're at What 106 105 and a half So you used to need to pay 112 yen to buy a dollar now you only need to pay right now 108 yen So you got you know a stronger yen because you got to pay less yen for the same dollar So yeah as that yen has strengthened You've seen gold kind of creep up and what I'm worried about right now. We talked with kettie I don't want it to break the top side because it's getting weaker. Sure. Yeah, stay right there folks We got that think a smoke coming up next up. We get out mammoth the bells of choppings Steve roadstay white I'll be back this afternoon. Thanks, man Look at them folks