 The following is a presentation of TFNN trading hour with your host David White Call now toll-free at 1-877-927-6648 internationally at 727-445-1044 now David White And welcome to another exciting addition to the power trading hour with gear humble lovable and squeeze fleece off toast The following takes place between 2 p.m. and 3 p.m.. And What else do we have going on out here today? Well, we're just down a couple of points on the S&P cash off about 22 on the Dow that's except for Russell's off 9 and That's kind of that's kind of it gold up a two bucks over up 13 cents and of course when we look at Mr. Dollar He's not gonna make you holler today $96.56 up almost 14 cents the shy of a nice little bounce here over the last couple of hours And of course off some lower numbers, but not that lower maybe 20 cents At 6 a.m. This morning So a very quiet a quiet day now tomorrow Mark it's gonna heat up a little bit We're starting to see The massinations of the government which acts fairly slow until it eventually gets up a lot of steam kind of like a freight train Takes a long time to get going But when they get something in their craw It happens on a couple of fronts actually the biggest one I see is tomorrow Many hopefully many of the lies of the Silicon Valley crowd are going to be exposed with Facebook and Google and Amazon and others showing up For a hearing about anti-trust in the house Amazingly there isn't a lot of things that the Democrats and Republicans believe on but one of them is that Guess what these companies are too big and I think it's a combination of Everybody being threatened by them That is finally gelled at least on this one issue with a common enemy And I think that's about it. I think we're gonna start seeing some action generally, this is the prerequisite before a Referrals handed off from this committee or maybe even the entire house to the government government government government and of course they're only here to help but You know from a variety of things going on. It's not like there's a lot of good news and I think of course When Facebook was only fine five billion dollars A lot of people were kind of jumping up and down in the end the last week. We're at two or four seventy nine on Facebook But I think as much as a lot of people think that nothing ever will happen I think that many of these companies are getting ready for a rude awakening They've lied to a Congress and I think congressmen are probably fairly used to getting lied to but I Think just the heat and the pressure that these companies can exert has finally congealed at least a consensus between the two parties that There's one problem with capitalism and that is eventually just like monopoly everybody can end up with all the money And of course absolute power corrupts absolutely we see that With Google trying to shut down any mention of the pedophile ring in the UK over the weekend Bowing to pressure from the UK government, which doesn't want it to know didn't want anybody to know That they brought in a ring of pedophiles about 200 of them and they've been trying to cover it up for a year A year and a half or two And of course well we had it that kind of here in the United States too With Epstein you never know how far these things are gonna go You don't have a right to free speech in Britain though or the UK Not like you have here in the US, which is much more problematic But they found a way around that and that is to run everybody else out of business And then make sure that the only town square that you can get to has to go through somebody That at least is a little evil if not totally evil But we see Facebook and Google and many of these others that are threat to the democracy And the Republic or the Republic democracy or Democratic Republic as it's called anyway, I Kind of feel bad. This is kind of a great week and a sad week to see just how bad the Silicon Valley folk have Drunk the Kool-Aid But not unsurprising throughout human history total power has corrupted did it totally And we move on from that Some of the other things going on of course One of the big men of Silicon Valley saying that the CIA and the FBI should actually investigate Google That's pretty interesting from a guy Who actually runs a company? That probably knows exactly what they're up to but accusing Google of actually Conspiring with the Chinese Communist government I just thought that they hated the US so bad that they would do that not that they were actually corrupted by the Chinese Communist Of course, we wouldn't know a lot about this unless employees Finally had enough and wouldn't help much of the corralling of Individuals into work camps Which is a euthanism for sending them out to slowly die and be tortured But Google did that But you just never know but again Total power corrupts totally and maybe we'll see at least a little bit of light into that tomorrow But I think we're kind of waiting for that a little bit Nasdaq still up. I think again a lot of people are just thinking there's literally nothing you can do to these companies That would actually hurt them But I think Just why the scale may be larger The reality is probably much more like Microsoft in 2001 when they lost 30% of their value in a single day And I think that eventually is going to happen here What else is going on? Of course, we had the first big prosecution of a Bitcoin scam That was I think adjudicated this morning couldn't really find the time and date It was either on Friday After the closer this morning, but the article was came out about 9 30 or 10 o'clock this morning So a lot of people doing bad things in technology, which is kind of my bailiwick But not really affecting the market so much so far But I think when we get into about 10 a.m. Tomorrow, there's gonna be a lot of embarrassing questions for the fang stocks Microsoft not so much probably not as much Amazon Google Facebook Twitter All have a multitude of sins That need airing and maybe it'll happen tomorrow. We'll be back in a minute We'll do a little history and then we'll move on to church 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 headed 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'Brien just hosted the best way to use the Taz profile scanner to profit This webinar archive is available for all subscribers immediately upon signing a all-new subscriptions also come with a 30-day money-back guarantee So you have nothing to risk 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 ten 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 bank rate comm 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 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 Many of our new listeners have heard about the Tigers den the Tigers 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 the charts as they happen live And have access to archives of all of those charts You can test drive the Tigers 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 Tigers den or on the front page of TFNN comm TFNN has launched our brand new website You can still visit us at the same TFNN comm URL But when you do you'll see a new and improved homepage 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 comm now and experience all the upgrades TFNN comm educating investors Toll-free at 1-877-927-6648 internationally at 727-873-7618 As we get ready for the 50th anniversary of the Moon landing, which I think is on Saturday the 20th. Is that right? Am I wrong? Because I'm going somewhere on that day. Yes, thank thanks. It is Saturday On the we're gonna try to do a space themed week here the unmanned on this day in 1965 the unmanned spacecraft Mariner 4 passes over Mars and an altitude of 6,000 feet and sends back to Earth the first close-up Images of the red planet launched in November 1964 Mariner 4 carried a television camera and six other science instruments to study Mars and interplanetary space With a solar system reaching Mars on July 14 1965 spacecraft began sending back television images of the planet just after midnight on July 15 Pictures nearly 22 and all revealed a vast barren wasteland of craters and rust colored sand and Yeah, most people don't know now we know That it's covered in up Chlorites Think that's I'm pronouncing that right just to imagine something horribly toxic everywhere on the planet on the surface That if it got in your eyes or in your nose or anywhere Would instantly start eating away at your skin Everybody wants to go there pretty horrible place by the way But everybody said I'm going to Mars. I think we probably need to go investigate it check it out poke with stick make sure it's dead but a lot of people Really unaware of the challenges that would take you get to Mars may take us another 20 years of just going to the moon Before we're ready to go to Mars but on this day in 1965 Hey, we got a first real peak at the red planet find out that There weren't a lot of canals. That was just a optical illusion On the planet from various what they think are earthquakes See what else is going on in the market here. Okay, let's go ahead and get rid of that We'll bring up some charts. I think I got some emails are ready As we start taking a look at the market again, not a lot happening now I think a lot of people kind of flying under the rate radar that they've had a few a few Hearings already and probably not expecting a lot more, but it does kind of look as to the people that they've sent And kind of send a dummy or a bunch of lawyers represent you in these things There's no way that you're gonna let your client get in front to have a bunch of politicians ask them some questions But certainly Facebook looking fairly weak. If you just looked at the chart we've gone through the April 25th high 198 48 that had 54 million shares with 15 million shares the gap down that happened on basically the same issues in 2018 back in July 26 almost a year ago Down with 170 million shares as we go back and fill in that area See Take a quick look at to TWA TR And kind of up but again not a whole lot of volume The market has tried to push these things aren't a big deal I Think that they will be and I think maybe we'll see If not to maybe four of these big companies face anti-trust issues and of course if history is any clue they will least get somebody in there that is kind of a a master To look at all the evil that they do and cut them out at the pass so they can't ask for forgiveness Because they were never allowed to do it Twitter of course Facebook a lot of these companies YouTube and Google Working very hard to deny many freedom of speech And then of course they just they decide what is right and what is wrong for speech But unfortunately, they don't even apply to themselves the same Standards that they send to other folk anyway Google back into a resistance level not a whole lot of juice today. I would go back into the spike of the 22nd of May 21 million shares We've got about 8.3 million shares so far. So certainly we're not pushing a lot of these highs with volume of course Google probably the one in the biggest hot seat right now because of the Founder of planet here planet here planet here the deep CIA Adjunct homeland security adjunct company that we know little or nothing about Who's run by we're started by Peter teal Calling last night for the CIA and FBI to investigate whether or not the Chinese have been Infiltrated the highest levels of Google Because of the way that they acted and he used the word traitorous Which I think is probably fairly close of anything that we heard from the employees that finally yelled and screamed until it went dead At least we hope we it's dead Continue on This is coming back up to the gap down on May 20th that is What 1.5 1.5 yeah 1.5 million shares on the downside today We only have about 500,000 shares got a bunch of little gaps up to about 1200 Google has been acting was if we just took everything else away Google has been acting horribly With all of its partners which makes me think that they're Doing everything they can to squeeze every dime out of the company to make earnings look good Probably the weakest of all of them on a business model that we've got But and not a whole lot. You're just back to basically what is resistance if you are looking at a bigger ABC on the way down Let's look at the expansion for this and ABC Would be rather large you got to a 12 96 back on April 29th for the for a B would be June 3rd at 1027 oh three that's a four point I'm gonna call 4.8 million shares and if we just to look at anywhere in this area Maybe even just a look tad higher 15. Let's see. No that's a Yeah Not 1,500 1,153 dollars From july 9th If you look at that see a one-to-one takes you to 883 dollars um, so 270 dollars a fairly wide Projection if this ends up being true there hasn't been a lot of energy since the last low though That's june 3rd out here at 1027 at a minimum I think you want to think that that gets retested. We'll be back in a minute 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 least 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 least resistance under trading newsletters For all the details and to start your 30 day free trial today log on to tfnn.com now Hi folks tom obrien here If you 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 on the 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 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 day by visiting the front page of tfnn.com Log in folks tfnn is excited about our new software charting program the art of timing the trade charts In collaboration with tom o'brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any trader's methodology Using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleaf abc's butterflies and much more the art of timing the trade Charts is designed to help you when scouring the markets for stocks Just beginning to form the trading patterns that many investors spend days weeks or even months searching to find And right now we're offering licenses available at only $79 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 And we're back, uh, gonna look at a lot of charts today if we get enough time American international group back into the august 1st I of 2018 That was at $56 and four cents with 10 million shares Friday we had three million shares today. We've got 1.6 million shares so far So again, uh, breaking a lot of these highs and we've got zero energy Doesn't mean that you can't go up for a few more days But generally means if we don't have volume, uh, that the market will probably break hard when it does You never know when that last Blade of straw gets thrown on the camel and its back breaks Uh, what else do we have out here bby best buy? Coming up to its previous high not a lot of energy off the low You got about 800,000 shares so far going into a 2.4 million share high back on april 24th Um, but the big saying is just uh weak volume off the june 6 lows so far In what is typically a fairly light volume move It seems to be much more Geared to what happens with apple than anything else at the moment You can give me a call at 877-927-6648 You can email me at path at tfnn.com or of course you can always put a message in the den If you've got one See what else do we have here builders square? You have that Builders first source, excuse me um Watching these very closely Um looks to me like you've got some distribution in bl dr, which is builders first source Uh up in the may 8th high at 1694 with 3 million shares You've gone sideways and never been able to get more than a million shares today You only have 400 000 shares going back into that may 8th high Now it certainly looks to me like everybody that lends or borrows or Builds a house or a car Is fairly weak at the moment bristol mires Is out here squibbing Into its own or old low that was january 3rd That's 44 and 30 cents with 80 million shares got into it on friday with just 23 million shares It's up a little bit. Uh, it's still in the trading range, but not a lot going on in that It does not look to me like uh unless you get a reversal In the next day or two that it's going to be able to hold that 44 dollar level b url Which is uh burlington stores sells the coats and stuff Back into the 1.4 million share high of november 14th at 180 27 got to 180 457 with a reversal today Up at that high certainly looks like these are in some bigger trading ranges from about 144 back up to this 180 Well got to 184 today But pretty nice reversal and very little juice generally a good indication That the market makers were out there running the shorts and gave up fairly quickly with that reversal signal Um to to to c a r a which is care of therapeutics other biotech company We'll go back and look at this uh gap that's gone on for a while back to What it looks like? summer of 2017 Um, and you had like about 16 million shares of that gap down got into it With about two million shares september 21st of 2018 Uh at 24 30 Today trying to get through it again two million shares Um on and about two on friday You got uh, you know two million today. Is that right? Yeah two million today But again going back up fairly hard and fairly decent resistance going back a ways To to do what else did we have? Talked to uh our friend thursday about dust and i said we wanted to wait Uh for if you wanted to get into the uh Into the etf of dust We really wanted to wait until you got to close back above the three by three or nine day moving average We haven't got that in either one of those so far, but you're fairly close Um, you know if it just continues this way, maybe you get your signal on wednesday Maybe you know But uh if you wanted to go with the options you got to go early You got to wait on the etf. That's the way the Risk reward works has bro Look at that one Uh and in this one we're back into the huge down day of the what is that uh July 21st of 2017 so we're now two years on Into this uh came down with 1.3 million shares as we look in the last few days Uh, we haven't been able to bust a million today just 300 000 shares So fairly light h th which is hilltop holdings been bouncing around in this uh time frame for a while Um, I was bringing up uh going back into lighter volume Which was on april 26 Uh 21 68 cents with 1.8 million shares Uh, only could get uh about 450 460 000 shares into that july 10th high You now have a close underneath the three by three and again This is where you get a lot of the damages when they finally crack And get back under that that's where you have the huge acceleration no acceleration of volume yet We've talked about alumina Being kind of a prototype for a markets on stocks going up with incredibly light volume and as soon as you crack underneath the Three by three or nine day moving average. That's where most of the disc the real Damage actually comes alumina on its earnings or pre earnings had a lot of people sell it off But of course blew up on the real big earnings Uh and back down to 300 we were talking about this on friday coming in testing the may 20th low At 300 and 35 cents not quite there. We're about 17 18 cents above that You needed a million shares or less probably 500 000 to think you had a low end We've got About 2.6 million shares So there's going to be a lot of people on the wrong side of this for a long time JD ST which is the gold miners bear index Also, same thing as dust Did not the close back above or in to say that we're ready for a fairly large retrace in gold But yeah, it could be there LASR This one's on a longer one laser One of the newer IPOs I kind of liked it when it came out stock has not operated that well Uh, but uh, finally back to some areas where it's at least testing previous volume with lighter volume Not to do well as PCTY Which is a pay loss of the I've been watching this for a bit Okay Well, you've got just a light volume test of this 103 80 high from may 28 Now you had for uh 650 000 shares into it with 330 000 shares Four days ago just 256 000 shares today as you break through 100 bucks we're going to break we'll be back after this We've got a lot more stocks to look at give me call 877-927-6648 email me at path at tfnn.com 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? 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If you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear etfs china a shares in either direction Visit direction investments.com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at eight six six four seven six seven five two three The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services llc Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com and hit watch tiger tv That's tfnn.com and hit watch tiger tv for the latest market information And we're back a question about why the Russell's down and that is of course a lot of happy talk About the trade talks and of course that generally puts An issue on The stocks that would do well without trade talks So that's why it's down almost six tenths of a percent where we're kind of basically flat on the nasdaq s&p and dow So not much happening in that right now, although some of the weaker stocks That were at least one of the weaker stuff. So one or two well I'm to the plus on a couple of the individual stocks or ETFs that i'm short on But not that buying that much not going to retire on it But at least on the right side of it. I'm thinking a lot of these stocks are starting To have their pullback, but we shall see what the rest of the week breaks and brings and of course We've got options expiration on friday But it does not look good. It continues to look like a weaker Options expiration week, but it's going to probably be some kind of surprise Whatever it is. I don't see what that would be Maybe it's earnings come thursday or friday, but they're very nervous. Oh I forgot to bring that up City bank or city group did have their earnings today They were up about a percent pre market, but not that much The only way that they made their market was on a spin-off IPO That does not bode well for the future energy was off about 10 percent on the way off the june third low So not that horrible About the same energy at the top also So Incredibly weak no Bullish the answer is no again as we look Uh to the some of the most highly shorted stocks one of the good signals is when these stocks the Powers that be run these stocks That are highly shorted restorations hardware. I think 34 percent Uh, did I check that I got new data over the weekend. So let's take a quick look and see what we got Uh restoration hardware Yeah down a little bit 27 and a half percent from 31 percent Uh, so you've got a fairly high level of a short selling Uh in this and what you generally want in this or other highly shorted stocks is a huge run where they run everybody out That's short all the weekends. Uh, and then you get a reversal that same day. We haven't gotten that yet Uh, tesla is another good example of a monstrously highly shorted stock um We got up to 249. We're very close out here in finding um Exactly where you wanted to pull the trigger. We've At least covered a lot of the gaps You do have one more at about 280. As I said before though, it may take six months Before this ready to take the next down lag a lot of good news has come in for tesla I just think that that good news probably fades over time Another good chance to probably sell a company that's going to have massive Competition over the next few years Uh to to do what else do we have? C's SES, uh, which is seaworld entertainment Uh, the old blackfish isn't what it used to be Uh, absolutely through the september 14th high of 2018. That was 32 dollars 47 cents with a two and three quarters A million shares 700 thousand shares today So again, not a you you want about three days Uh before these things with no sign of a sign of strength and then If they do hang up there Then you really have to look at taking a leap of faith and pulling the trigger on them TJ max is back up to its previous size of november 2nd 2018 october 16 2018 october 1st 2018 triple top and then it fell apart back down to 41 dollars and 49 cents back to december 24th of 2018 You had a huge run back up Decent pull back energy is about the same on the way back up What you don't have is any volume at these new highs Uh, and you need about six or seven million shares on friday at 5.4 million shares today You got about 2.6 million shares as you went through those eyes and it looks like you're going to close it back below Uh veil v. A l e when we look at this um back to The 42 million share high on march 19th 13 dollars 98 cents And that was 40. Yeah 42 million shares getting into it today with a 12.6 million shares on friday It was 15.5 million shares 19 million shares back, but Basically, you just don't have a lot of juice. You had 25 million shares on the first of july uh, but that kind of reversed Fairly quickly. So you don't have a lot going on here. You still have lawsuits out the yin yang. That's a technical term That are going to continue on uh whirlpool, which I get occasional requests for just because I if there is no trade deal, they'll probably do fairly well Is holding up a back up against fairly severe resistance on the february 25th at 146 80 A failure on april 23rd to get up to that same high a couple bucks short on three million shares You got uh 852 000 on friday Just 556 000 shares, but again, this is a much longer term Gap down that goes back to The 24th of july of 2018 on 12.5 million shares You've tried to fill it a couple of times. You just never really had that big of juice Again, if we get a big trade deal There may be a cutout for them. So you have to wonder about it, but My guess is on a trade deal If there is no cut out on whirlpool, it probably starts heading back down to the hundred dollar level If there is one probably above the 165 level the xlf Again anything on buying selling That depends on loans seems to have some kind of weak segments out here the xlf Testing its previous 68 million share high at $28 and 14 cents With uh, you know 31 million shares on Friday today just 20.7 million shares on a little bit of reversal Energy just a little bit less off this june 3rd low back up to the high compared to the May 1st high down to that june 3rd low so Is it horrible the answer is no Why I don't see I see a weak market, but I don't see a mark and a brittle market But I don't see a market that looks to me like it just instantly will burst into flames It will be down 50. I do think that there could be anywhere from a 5 to 10 percent pullback in the markets coming I got a email here to look at a couple of things. So we'll do that First one is amat And the smh's are we getting our signal? No, but I think we're fairly close as we've talked about The next close below a three by three On the applied materials amt. Thank you instantly get a very quick retest of 42 50 And the question is whether or not that holds you've got another nice gap 36 bucks We'll look at the smh's when we return After the short time out to wrap up the first show of the week And get ready for saturday and the 50th anniversary The man on the moon 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 what 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 Six and three 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 has transformed me into one of the best at what I do sign up for mastering probability today By clicking on the newsletter tab on the home page 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 David white's newsletter the technology insider is focused like a laser on finding the next big things in technology If you had invested only $10,000 in microsoft in 1986 You'd have been a millionaire by 2000 disruptive technology like microsoft's is the key to these massive long-term profits And the tech insider is the vehicle from tfn to capitalize on these opportunities This is the go-to newsletter that identifies monitors and profits on mostly little known cutting edge companies With great long-term prospects David's experience is as an inventor of Emmy winning animation products for tv and hollywood that propelled a company public Match that with 14 years as a full-time trader And he's uniquely qualified to guide you through the light speed world of ever-evolving high tech If you're ready to ride the next big technology bull market for less than $40 per month log on to tfn and dot com And get your two-week free trial to the technology insider get in on the ground floor of the next big thing today 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 that computer software, which included the standard market technical indicators Enhanced the degree of accuracy and calling price turns as well as market trend calls bus 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 tfn.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 tfn and dot com catch tom o'brien professional trader and educator founder of tfnn also a special guest on cnbc Tom will bisect and dissect the markets the tom o'brien show next on tfnn And had a question uh in the email asking me if I bought anything on amazon prime day Take a look at amazon itself. I did buy a Unlocked phone for my girlfriend, but that's about it um I didn't see anything else That looked like a great deal or anything that I actually needed or wanted A lot of weird stuff Um, but uh, I don't think it's that big a deal I think I probably could have If I waited a couple weeks more I probably would have found the same deal on the phone Or maybe even a little bit better. I just needed it now But uh other than that not a lot going on amazon not a lot of action on their prime day But uh, what can you say? Again, we've been looking for this to retest the september 4th high. That's 20 2050 dollars 5.7 million shares Looking at uh and 2.5 million shares a couple days ago today just two million shares Again, uh, let's turn this down a little bit more so we Kind of look at it there is uh I mean it was a pretty big drive down We did test the november 20th 1420 dollar low with 11 million shares with 7 million shares a couple days later It went below it you were back into the trading range a couple of days after that So actually a fairly decent move In amazon back up to the highs, but not a lot of juice here, but again, you're maybe two Two and a half months into the fall And uh, I can't see a lot of reasons being short this one. Um, this one has probably a much clearer uh antitrust issue in that it's uh It's a vertical market a lot of these laws were written For white goods and that was washers and dryers Being sold by the stores that own them being repaired by the stores that owned them We'll talk more about that tomorrow in the meantime sell when you can not when you have to And we will see you here tomorrow same bat channel same bat time