 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, Tommy and Tommy O'Brien. Good morning, everybody. I'm Tommy O'Brien, coming to you live from TFNN headquarters in St. Petersburg, Florida. Tom's going to join us after the first break, starting things off. We have markets in red territory. Dow Jones off 115 points right now, trading 27,154. Got S&Ps 10 points in the red, trading at 3,008. NASDAQ right now, 51 points in the red. That's 6-tenths of a percent for the NASDAQ, trading at 8,270. Russell, 6 points in the red, trading down, excuse me, 4-tenths percent, trading at 15,74. As we start things off, we're going to take a look at the VIX real quick this morning. Negative action in the market, seeing a little bit of a spike in the VIX, but everything's relative. 11,69. We were at this morning in that volatility index, 12,91, sitting there currently. Let's take a quick look at some of the markets this morning. You got gold, quite a little volatility in gold, early this morning up at 1432. You have an ECB decision, no rate cut over there for Draghi and Europe. They are going to have some stimulus though, so that hitting the markets around the world. Crude oil, currently trading $56.49, was almost up there at $57 briefly this morning, and then jumping over to the indices, pulling back pretty sharply. S&Ps, pretty remarkable. We're up there at 3,027. You trade all the way down to 3,005 this morning over about the span from 8 a.m. until 10, getting a little bit of a bounce. NASDAQ 100, pretty similar action in that as well, pulling back on that ECB decision and press conference and Dow 30 as well. With that in mind, it's earning season, Tesla shares down dramatically this morning. We also get Google and Amazon after the bell to talk about it. Let's talk to our man, Kevin Hinks from Thinkorswim, TD Ameritrade, fast market folks right after this program every day. Kevin, Alex, do a great job from 11 till 12, and quite a week we have. We'll see what we're gonna talk about today. Kevin Hinks, good morning. Tommy, thanks for having me on, buddy. Thanks to, thanks for coming on, man. So, what's on your mind this morning, Kevin? Quite an earnings week so far, of course, and then it doesn't stop tonight with two big giants. Yeah, I think the first thing we consumed and digested a bunch of earnings overnight, Tesla had some trouble with their earnings and their earnings call, a bigger loss than everyone thought. Facebook actually pretty positive in terms of the financial numbers that they put out, but they have so many other things going on that remember, we tell our viewers, regardless of good earnings, bad earnings, you gotta look at the whole picture and Facebook pays off one FTC fine, releases earnings and announces there's another FTC investigation. So, there's gonna be a cloud over Facebook for the ongoing future, but that being said, all they do is make money, Tom. That being, the other thing that I think really caught everyone's eye today was the absolute whiplash in the bond market this morning. Mario Draghi came out early this morning, made some very dovish comments. Again, didn't move on rates, left rates unchanged, but came out very dovish. Bonds rally there up 18, 19 ticks and then kaboom, durable goods hit at 730 Chicago time, 830 Eastern and a two handle on durable goods and down the bonds went. And so, this has really been a pretty big, that's a massive move from up 18, 19 ticks to down a point on the 30 bond now down 25 ticks. That is massive. Yeah, and those bonds man, it's pretty remarkable. Next week we come in of course to our Fed meeting, which we really haven't even begun to talk about with everything else we have going on on this week. So, Kevin, I just wanna talk about real briefly the expected one day move that we're always pulling up on these charts as we come into earnings. So, you have Amazon and Alphabet today and I just pulled up Amazon. So, Amazon right now is trading at 1988, it's down 12 bucks today and we have the expected MMM of $67. So, can you talk about a little bit what that really demonstrates for listeners? We've talked about it before, but it's so cool when we come into these earnings, that number. On the fingers from platform, there's no way to call this up, Tommy. It comes up automatically when the implied volatility of the front expiration rises above the implied volatility of the second expiration. All it does for this number to appear, because that says, that tells you that there's an event coming. Some type of raised level of implied volatility is causing an event. Amazon, you see it right now, you see the market maker move looking about $67.78 as I look at it right now. Google has about a $47 move. Remember, all these companies that we're talking about here have earnings after the bell. Intel, Starbucks, before the opening tomorrow, Twitter and McDonald's. So there's a lot of names, but all you have to do is look under things from platform, and it's not just earnings, Tommy. Remember, this is an event. Pretty cool. So any time that the front month implied volatility rises above the second expiration, that market maker move will appear, and the definition of that is a one day expected move. If you look to the right hand column for the implied volatility, that's the implied volatility for that series and the expected move up or down. That's that week or that month. This is a one day expected move. Yeah, pretty cool, man. And I actually never knew that that's how that showed up. I kind of understood it in terms of what it meant, but I didn't know how it was generated in terms of the implied volatility, the front end versus the second end. Pretty cool. I mean, I'm always looking at that thing, and it's always staggering, man, in terms of the moves that we can get when you look at, you know, when you're trading options, folks, right? I mean, you gotta know the premium you're paying. That's a great way just to understand what kind of volatility the market is pricing. And if you're looking for a move, you better be looking for a pretty dramatic move in Amazon to the tune of $60 or $70 in either direction, if you're playing a volatility. Exactly, if you were going to trade, or in this case, be by that front month implied volatility, you're betting, if you're buying that or long it, that that move is gonna be bigger than $67. Now, here's what I tell our viewers all the time. That's not the answer to the question, that market maker move. That's part of the question. The answer to the question is when the earnings event comes out and the stock moves, that's the answer, right? But this is setting up for what the expectations are based on the supply and demand of options. That is what that number is reflecting, the one day market maker move. I love it, man, because it's the quickest way to quantify whether you talk about it, you have to have your market bias in terms of what you think's gonna happen, and then you have the way that you can best profit off that number. And it's so cool to know the exact dollar amount that the market's pricing in for volatility. You wanna buy volatility? Well, you better be expected right now, $68 in movement in either direction on Amazon, which is a mammoth move for a company like that, even at 2000, that's more than 3% you're talking about, on their numbers coming out, and you get to make that decision and figure out whether you're right or wrong when those numbers come out. I mean, sometimes, Kevin's just remarkable that we see such dramatic moves in stocks, and because we pull this up, this number up more often now, I'll say, man, that's right in line, actually. That's not even a bigger move than the market was pricing in that you would have had to pay for. Exactly, exactly. I mean, people look, oh my goodness, something's down 2%, well, the expected move was 4%. Yeah, I think in Snapchat, Kevin. Inside the numbers. I think in Snapchat, it might have been like $2, I mean, just massive numbers percentage-wise on some of those equities. Folks, we got Amazon, you see it right there, $68 one way or the other tonight, the market's expecting. You have Alphabet up there. Kevin, have a great, what day is it, man? Is it Wednesday? It is Thursday. We're not gonna talk to you. Have a great weekend, man. We look forward to the show. Always a pleasure, guys. Thanks for having me. You as well, Kevin. Take care, man. We'll be right back, folks. If you're not currently using the TAS Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS 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 Dahl, TAS 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. 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Call now, toll free at 1-877-927-6648 and internationally at 727-873-7618. Welcome folks, appreciate you're growling and prowling with us out here. We have the Dow Industries down 79, NASDAQ off 56, SAPs off 10 and a half, gold contract down $6 trading at 1417 we got silver down 13 cents, $16.49 an ounce, light sweet crude, $56.45 cents, that's up 57 cents. Now light sweet crude, couldn't hold price yesterday. Yeah, saw. Huge draw, couldn't hold price. Notes and bonds, you got a big reversal here. Ten year note, down 11 ticks, $12705, 30 year off 27 at 153.31, King dollar, King dollar down 177 ticks, 97.290, the euro's at 111, the yen is at 108.48 and the pound is at 124 and we have monsoons in Florida. We sure do, man. Welcome to the show. We're both lucky we made it. Yeah, it's man, the rain we've been getting. It is remarkable, just be safe out there if you're in the Florida area because man, it is no joke. Not often do you really feel like, whoa, what am I driving through? You can't even see. It's one of these. It would be akin to those nor'easter snow storms for those some of the year and when you get rained that hard it really is, you can't see. So, you heard the conversation, you were here with Kevin Hicks, right? Yeah, what a move on Amazon. It's going to be an expected move. It just went up a solid 50 cents or so since we've been chatting about it as in it was coming in at 67.80 or something. So, you'll see this tick around all day. So, that was pretty cool, right? Talking about the implied volatility for the front month when it exceeds, I didn't know that. I didn't know that either. It exceeds the second month. Yes, I didn't know how the algorithm put up because you'll see that this will go away on another stock once it's out. Like what just came out of Facebook, for instance, right? Yeah, nothing, right? $3, you're talking about a percent and a half. The give and take, that's going to be your front end no volatility, no event as Kevin was saying. So, pretty cool. And what was the other one? Google. That's a big one, too. Yeah, with 47 bucks. Which would be like 4%, 4.3, 4.2%, something like that for a company that mammoth size. That's quite a move. Must never. So, yeah, the ECB out here this morning, they stayed flat. That being said though, they have a lot of different things inside of that number that the market's trying to decipher right now. And that being said, guess what? The euro rejected 1102 and the low out here was 1107. So, the low we're talking about there was February, was it? No. May 23rd. May 23rd. Gets down there, rejects it and then takes off like a rocket ship topside. The dollar, you have just the opposite. So, let me see if the dollar made the 715 number. DX, no, no, DXU. You're in pain here or something, yeah. There we go. Okay, so. Sam, what's going on there? Yeah, where's the currency, okay. So, dollar index made it to 650. The high 715, 97, 715. Okay. Made it to 650. Then gave it up in spades. Yeah. Now, what's going to get interesting here, excuse me folks, is that what we also had is that the gold contract gave it up. Now, normally as the euro would go higher and the dollar would go lower, bottom line is that you'd have gold go higher. Now, gold was higher and gave it up in spades. We went from 1434, we've hit 1415. That being said, guess what? I think you're going to see a rejection of lower price out here because we just got a lot of moving pots. What we don't have yet is the yen is going the wrong way, meaning the yen is getting weaker and gold loves that yen to get stronger. So, the yen's up 29 ticks. Big moving pots though, man, no doubt. Inside the Dow industrials, we take a look at the strength versus the weakness. Boeing. Yeah, exactly. There's some big movies inside this Dow right here. We got, Yeah, triple M with earnings too, right? Yeah. You get, Boeing's putting 100 negative points in, Goldman 22 Dow 12, so it's not that bad actually on the Dow side. It's just Boeing, right? It really is. It is. Look at triple M, yeah. On the upside, you get 3M putting 39 positive points. United Technologies 20, Merck 7. Now, inside the NDX 100, this is going to be, you get, well, actually, yeah, it's, oh, look at, oh, this is the, that is such a, this is aligned technology, man. It's going on. Oh yeah, this is, what's this? This is the second gap down. It's coming on Wednesday to Thursday haircut. Yeah, this was down $70 last night. Yeah. And when you take a look at this, what you're going to see is that last time they, come on, no, that's last year. October, you went from 337 to 203. We've just gone from 290 to 207, but you can see sticking out like a sore thumb that high volume low. 170, it's coming at you. Okay. Tesla. So Tesla has a couple of different things going on. Each one too. I think the biggest one is the, I guess the aspect with the coal found leaving. Okay. Tesla's down 36 bucks now. That's not as bad as it could be. You know? Yeah, yeah. I wonder what the expected move on that was yesterday. That's going to be one that usually has a big one. Yeah. For sure. I don't think it would have been $36 though. That is percentage wise, 14% just mammoth. So I just pulled up the article, and that's what they're talking about. Co-founder surprise exit. So J.B. Straubel is leaving CTO job after 15 years. He was there before Musk even got involved. Okay. Yeah. So, you know, and it would be different folks if this was only the first one, but Musk has lost a lot of executives in the past six months. Yeah. It's a constant turnover, right? So there's this gentleman 15 years before he was there. So weak results and his departure. Yeah. Understanding that bid, excuse me, undermining must bid to kind of make some money and get some stability in that. Yes, stability. Yeah. Because there's no doubt that he, Musk himself has so many different things going. Those foundations are important. Yes. He is not going to be the one to provide stability to that company. Right. He's the genius. You can give that, but yeah, you need a details-oriented stability, man. Yeah. Let's see what's going on. Well, PayPal's down at seven bucks, 114. Let's see what's going on with this stock here. PTC. I don't even know what it is. PTC. Okay. So technology, software and services, company primarily used by discrete manufacturers design, operate and maintain complex products. This thing is toasted, man. Quite a company, even after the decline, it's still an $8.6 billion company. Yeah. So not a small guy on the block. No. On the block. Particularly, never even heard of it. Right. I mean, sometimes he's interested in a company, especially if you're dealing business to business. Yeah. You know, consumers, retail, you just don't hear anything about them in their mammoth. Right. And this is going to be a problem. You can see that it's been a consolidation. You had a high out here of $107 last October. Now you're breaking the whole consolidation and you're going to have some volume on a monthly. Can we go into the news for them? I just want to see what the headline is. Downgrades across the board. So yeah. Downgrade, downgrade, downgrade. Yeah, this is the news too. Oh, here we go, yeah. So let's see. Number wise, oh, they're in a loss now. Third quarter loss, they're looking for 13 cents. Revenue, 295 million. So looking for fiscal year earnings, 173, 178. The consensus had been 180. Yeah. Got some downdraft here. Yeah, I assume this. And we get natural gas coming up, right? We sure do, yeah. Natural gas, so. Let's just see what the market is as we come into that number. So we got oil yesterday, right? Yeah. And let me see if I can pull it up. Commodities, come on, natural gas. Where are we trading at? Natural gas, looking at the 224 we're trading at. We've had a little run. Look at that run, actually. Man, this contract, watch out. 224, we'll get those numbers when we get back. It's that right there, folks. Tom and I are coming right back. Dow, Dow's down 109, now it's except 70, S&P's at 14, come right back. Hi, folks, Tom O'Brien here. If you'd like to get my daily newsletter and 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 at risk-free for 30 days, then head over to the front page of TFNN and you'll find market insights under Trading Newsletters. 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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. 36 BCF. I'll tell you what you're looking for, right? That's a medium, right? Yeah, right in line with pretty much estimates, I think. 36 billion cubic feet. Stockpile's rising. To see how that is hitting the market, a little bit of a sell-off. There's so much natural gas, man. There is. We'll jump back to the second. I saw the total stockpile. It's like 2.24 trillion cubic feet, something. So, 222 right now, pulling back from some of those gains that we got this morning. Dropped a couple pennies pretty quickly. And let me just see. Especially for the, you know, it's not a surprise. Yes, right, right. You wouldn't, sometimes you just might see that tick around exactly where it's trading when you come in exactly in line. Yeah, and so total inventory is 2.57 trillion cubic feet we got in natural gas. I wonder how much like that is, like, in the context of, does it heat, you know, the United States for like a week, a month, a year? Wrap your head around it. Yeah, what is that? Yeah, what do you say? Like, how far is it from here to the moon, right? Well, how many feet is it? You try and wrap your head around like how far that is. When you say 2.57, 2.57 can't even say it. Trillion cubic feet of natural gas. What are we talking here? Is that the side, you know, is that like natural gas the size of the state of Texas? It might be. I don't know. I know, I know, I know. Yeah, so one more check back. Let's see. Sitting there at 222. So we'll see how it trades here. Pretty wild, man. Yeah. So there's no doubt we got lots of numbers after the close out here today. Pretty cool. Every day now. Pretty cool. I mean, Amazon and Google, man, you might as well have the entire internet talking about how business is going with those two coming out. So Amazon's going to be looking for $62.5 billion and $556 to the bottom line. OK. Google, and that's going to be looking $30 billion and $11.19 to the bottom line. Not bad. $30.8 billion. Yeah, I don't forget the $8.8. I know, that's an $800 million miss. Over 90 days. Seriously, and somehow it turns into a decimal point on their balance sheet. Yeah. Actually, CMG, I want to see this because. How's it holding up? Well, that's, and my point is, is that that's the, you know, when you look at this a monthly, this is going to be important to look at, folks, because the monthly bar here is at $758. OK. You know, because that's what, you know, that was the down draft before. And this is 100% move or a move. Most times you do 100% move or a move. You're going to get a pullback. I mean, it doesn't have to be down to the lows, but, you know. It could just be some natural breathing. Yeah. You just went from, what, 270, 280 up to 77 something? Huge. Yeah. Look at this. This is quite a move. This is pretty cool. Look at this. So Bill Miller's hedge fund surges 46% riding Amazon Bitcoin wave. OK. So this guy here, let's read it a little. Legendary investor, Bill Miller is bringing his winning touch to hedge fund business. The fund he launched three years ago gains 46% in the first half of the year, according to investor documents. That's heavy bet. It is. Miller has found success by following the same playbook he used during his three decade. Listen to this. This guy had quite a record. He had one of the biggest records out yet. Three decade run at Lake Mesa, picking beaten down securities that traded a large discount to their intrinsic value. Among his top picks were Amazon. A stock, some say, is undervalued even with double-digit grain gain. ADT, the security system, bullish wages on, I'm surprised he's betting on Bitcoin. This is a little bit different. So let's just look at it. Bullish wages on Bitcoin and Avon products also led to gains through the first half, according to document. Miller has been along a fan of cryptocurrency. Reached 18 months high in June, surging 13,000. Avon agreeing to be acquired by a rival beauty company. He thinks the current environment looks positive for stocks. Yeah. So this guy, I don't know what the exact, we can pull it up. Oh, there it is right there. Miller gained fame, beating the S&P for 15 straight years when he ran the Lake Mesa and Valeo Trust. He ran to trouble during the financial crisis, losing 55% in 2008, triggering redemptions. I mean, that's pretty much on the market loss, so. It did. He had an amazing run. It doesn't say like if your big loss year is when you just go down 50% when the market does. That's unfortunate. But guess what, if you're going to be making 46% the first half of this year, you're going to have some risk if the market pulls back 50% in his business model, where you're looking for value in equity stocks. There's no doubt. That's pretty impressive. I'm glad to see that. And the cryptos, man. Yeah, rocking and rolling. That's, you know, what's so intriguing about that, I'd love to get that kind of, I'd love to understand why he's into the cryptos. Because he was always, he's a fundamental guy, and he was always feel, which is like I said, he's buying value. So when he was buying something, he would have a fundamental reason. They said specifically intrinsic value, which is the core value of, you know, in an option, you have the intrinsic value, which is literally the value you could just sell a for in that moment, and then you have the premium, right? And yeah, so he's looking. But I guess you assign that same trading model to cryptos, and as it pulls back Bitcoin to $3,000, $4,000, maybe you said there's value at Bitcoin to $3,000 over a multi-year basis or something like that. And man, it paid off when you got to surging anything, go up 400% in a six-month period. That'll add to those portfolio benefits, yeah. No doubt about it. Let's go see what else inside the higher volume equities we have out here. The four debt, their earnings, too, they're pulling back. OK, Facebook is down $338,000. That's interesting. OK, they had great numbers. Bottom line is selling that off. PayPal, OK, so let's go look at Facebook. FB, yeah, not the end of the world, you know? Because what you're going to have now, folks, is that you actually have a, it got over the swing point, you're going to have volume. It's giving it up on price, but guess what? That's saying that you still get higher price coming at you. It's testing this, yeah, it's testing the downdraft. I don't think it's going to see much of a pullback here. What is going to be intriguing, there's no doubt, in Facebook is that, how is Zuckerberg going to be signing off on this deal every quarter? Yes, talking about having to sign off on privacy concerns, right, as part of the executive. Yeah, so just checking back in, natural gas, continuing that decline down to $221 now. Not a bad move if you'd been treating it in terms of three pennies. That's a decent move on that natural gas. We bring up natural gas. Watch this, folks. It looks to me, this is where... You're looking for that low, like we're looking at? Yeah, and what happens, this is what happens, okay, you can... Now this is delayed feed, so we're not going to see that last few minutes, but it'll catch up. But what I want to show you is that, you know, okay, so natural gas, we're 225. The problem with natural gas is a high volume low right now at 213, the 213. So, okay, so that's the downside. Now, you can make the case, which I'd make the case too, that, okay, you had to sign a strength out here on the 5th of July. Yes. But what I've found is this, if you get a sign of strength and even in a downdraft for so long, well, you have to come back with light volume, but then you're going to take over a major swing point before you really have buyers. And the major swing point is all the way up here at 276. You know, it's like, okay, so what is that? And that's what the real danger thing is. You know, that, this at first, you might get that test again of that, you know. That's not that far away. I mean, what's so cool is we get to fast forward this chart 15 minutes, right? We know we're trading at 221. So you're only talking about 213. Well, we already know this just went from 225 to 221. So now you're sitting to put it on the chart right here. Actually, that, well, you got it now, it's 248. Oh, okay, I'm just looking at the crosshair, the horizontal line, as in that's actually where it's trading at right now. If you look at that, it's right next to the wall. It's under even yesterday, right? So yeah, it's right there, yep. Stay right there, folks. Tony and I are coming right back. Our phone number is 877-927-6648. We have the dial investors down 62. Mazda got 44, S&P's up 7 and a half. Come right 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. 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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. Folks are doubted. I was down 80 and I was like, I've got 45 S&Ps in my feet. Let's go to our man, Paul and Henderson, Nevada. What's going on, brother? Good morning, gentlemen. How you guys doing today? Morning, Paul. Doing great yourself? Hey, doing pretty good. Had a couple of good trades this morning. And now I'm honing in on this GDXJ. Oh, baby. I want to see what you think here because I want to get back in that J-nug. Let's take a look. And I'm looking at this $40 level. I just want to see what you think, Tom. Let's take a look. So we get the GDXJ. That's the Vanectis, Goldbinders, ETF of the juniors. We're trading $39.42. Little bit of volatility today. Oh, I like this. Yeah, see, it's already rejected lower price, man. You know, you get a day trade that said buy it right now. You know, what you have here, you know, I don't expect a huge amount of move, but you know, $40 is game, you know? Because what you have, so watch, folks, this is, so let's go over to the gold contract first. You have two different things happening here. And the gold contract gave it up in spades, right? That being said, they, you know, we went from a price point in gold, okay? Gold caught a bid really early. Got up to $14.34, gave it up in spades when Mario Draghi came out, was talking, then has already come back, $6, and when you actually look at the aspect of the Euro going higher, gold should continue to catch a bid. And the identification of personality in gold lately has been every single time that you drive it down, guess what? By the end of the day, you're flat, you're up slightly, you know? So, you know, to me, GDXJ, you know, that this thing, bottom line will not give it up, you know? You can see when you put this on, it's really a nice little setup when you look at it like, okay, we got under the low of Monday, which was $38.79. You went to $38.78, man. Yeah. If it blows my mind to do these pennies. So you have a spot there, Paul. What I like about a trade like this, you have a spot that you're not looking for, I don't believe you're looking for a lot of money on the upside, you know, for a day trade. And you have a solid spot that you can put your stop at on the downside, you know what I'm saying? So, and you don't even have to, I wouldn't, Yeah, I like this daily setup a lot. You know, I pushed that bar a few days ago with quite a lot of volume. And now, you know, it's going sideways, right underneath that $40 level, you know, with much lighter volume, so. Yes. And I wouldn't even. You want to break out again soon. You don't even have to give it. I wouldn't even, if I was day trading that, I wouldn't even give it to the low of today. What I would do is I'd give it to, see the lowest $38.78, I would tuck, the last time we had volume was at $10.30. I would tuck my stop right into that $38.39.08. Cause it's like, okay, you know, either that or you just sit there and wait, kind of get to $39.08, and then that's the buy. And if that's the buy, then you can go down to the next level. You know what I'm saying? Cause I suspect we're going to get into this, you know, fought it all level before it's over. Let me just look at something. So, inside of this, well actually, okay, so let me see this. I got to get inside of this and find out what the, what you want to do is that, when you're playing these, you want, yeah, you want to know the largest weighting. So in this one here, you really don't have something that's like sticking out like a sore thumb. What I mean folks is that the weightings, you get Northern Star, 6.2, Evolution, 5.8, you know. So I'd pull a few of these up and- Canteras, Goldfields, Pan American, Yamana. Right, and see how they're doing. Let me just look at Pan American, cause I'm so used to this stock. Okay, so that's going sideways. This is a good setup. Yeah, Pan American wants higher price. You know, you're pulling back a little bit. You can see it's anemic, man. I'd go through a few of them, Paul. That's what I normally do with these. You know, you go- Yeah, it's easy to pull that up on the TC 2000. I could just pull up the, all the equities inside of that TTF and kind of see which ones are moving and- That's right. It's a great way of doing it, man. What I used to actually, just having to check it one, two, three, up, down, or I don't know. You know what I mean? Sure. Some of them you don't know. And if I have, okay, six going up and the weighting's better, I don't know, two. And I say, okay, because all you're doing there is you're bringing your probability higher because you're using two different structures to melt the probability structure together. You know what I'm saying? I like how this is shaking because what does happen inside the GDX in general, now not the J, the GDX, this is pretty cool to trade because when you see this, you always really have to know, not always you have to know, but if you know when Newmont and Barrick is going, you're gonna be in pretty good shape. That's 22%, 21.7, I know. Okay, perfect. Hey, do you guys have time for one more? Sure. Can we take a look at NOC? NOC. I was wondering what the short interest is on there. Okay, so that's only 1%, 1.4. This is Northroom Grumman. This is a monster military contractor. It's up $14. It's getting back into those highs and this volume today is pretty light right now. Yeah, I'd let it get all the way up there, Paul. Yeah, you're right at it. I see what you're saying. I'd let it get all the way up there. So this is gonna be something like, and something you wanna keep your eye on in a couple of weeks is Tripoli also. If Tripoli doesn't hold that high at the end of the month, that's gonna be a decent trade on the way down. And this one here, so in a monthly, that's 20 million. We're at 12.8. We're at 12. Yeah. It won't make it. This is, what you want here is this. You want this thing to get to, did it hit it yet? 358, it did. Okay, so it did, it did. 358.96. I know, and you're gonna look at it. No, so there's 360.88, I see. Oh, okay. 360.88. So you want this to hit the high, meaning that 360.88, you know? And then if you get a failure, then you get action. This one here only has a 1.4% shot position. So that's a decent candidate. If you get a failure, that's gonna be the crucial part, man, because you gotta remember something that, let's see, those two large bars that you have right there right now, they like to come and freeze, man. So I would just wait till the end of the month. So I see upgrades in there as well. Credit Swiss upgrading to 385 from 364. Soft betting against a military contractor that just gets to print money off the heels of the Defense Department, you know? Look at this, this is, they say it's worth $60 billion, just one, oh. I'm not sure what that program is, but I'm sure it's. It's GBS, yeah. Yeah, not bad when you're competing for $60 billion worth of government contracts. Yeah, break. Not bad. Totally. Yeah. Yeah. Slightly, all right? Slightly. All right, well, I'll keep my eyes on it. I'm looking for some sort of indicator to go short on this thing, but. Don't go yet. I like the shorting because only 1%, that's pretty good. And let the S&P, the S&P, Paul, 305-5 is the ABC structure on the way up. The way that, if the, what would be really cool is that if you get the S&P to that point, then you get the failure, then you just, even if a natural pullback, and the S&P wants to pull back a little, then I can pull back a little, then you get a couple different things that are giving you a better indication that, listen, it might just be backing off, but you make some money. Awesome, man. Thank you so much. Cookin' man, thanks, Paul. I have a great one, man. I have a safe one. Dow, Dow's down 60. Nasdaq got 42. S&P's off seven. Come on. 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. 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