 a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648. Internationally at 727-873-7618. Let's go to Alan Tampa. Hey, Al, what's going on? Oh, it's a beautiful thing. I mean, if your listeners don't get the gold report, they're missing out. I mean, with your gold report, you just print in money. I love it. You're my best dad out there, Al. Let's go to Jeff in New Jersey. Hey, Jeff, what's going on? Great. Hey, listen, I was calling to thank you. A few weeks ago, you were prompting on your show to fill out that $10,000 grant. Yes. So I filled it out, and just a couple days ago, I found $1,000 in my business checking account. That's awesome, man. That's awesome. I owe it to you, because if it wasn't for your prompting, I would have just assumed, you know, no way I would have gotten anything. So I wanted to thank you. No, we appreciate you growling a problem. I want to see it. Now, Tom O'Brien. Oh, welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day. Have a safe day. Let's make it a great week, folks. Become immune to poison. Don't take anything personally. The whole world can gossip about you. And if you don't take it personally, you're immune. Immunity to poison in the middle of hell is the gift of the second agreement. Yeah. Knock it wise. Let's take a look at it out here. We have the Dow Industries trading down 208, Nasdaq off 34, S&P's down 19. Gold, Gold contract down $21.80, trading out at $19.49 an ounce. We have silver down $0.88, $23.45 an ounce. Light Sweet Crew down $1.28, $70.50, a barrel, notes and bonds. A 10-year note, up 8 ticks, trading $1.1310, the 30-year up 22 at $1.2801, and good old King Dala. King Dala right now trading up 56 ticks, $102.578. The Euro is at 109, the Yens at 141, and the British Pounds at 127 to 1 U.S. Dala. Our phone number is 877-927-6648. Give us a call, folks. Want to know what's going on in your world and the world of the S&P's. Let's take a look at them. What do you have? Well, we had an ABC structure up in the spy. It finished the ABC. I'm just right to the number two, which is pretty amazing. We take a look at this. You're going to see the spy got up to this $443.90. I believe that it was about $444 something, okay? Bottom line, hit it, pull back, you know, you can see the volume is so light today. It's pretty amazing. So the bottom line is you don't have a lot of sellers out here. We'll see how this shakes out. I expect some kind of a pullback to a consolidation. That's how I suspect we're going to have here. The NDX 100, believe it or not, this one's a mind-blower, man. Because even when I was saying it's going to go to that swing point, it's like, you got to be kidding me, man. I mean, it got there fast too, man. I mean, you take a look at this. Bottom line, it got to the swing. The swing that we were talking about here was the 37183. We hit 37285. Now, what you had here is this. You hit the swing and you closed under it. Let me look at this one here. What's that one? That's 356, yeah. So when you do that, folks, what happens is this. You get to the swing. You fail on price. When you fail on price, but you have the volume, all's it means is that, yeah, you're going to get a small pullback and it's going to go right back up to the highs that were generated out here on Friday. That's how this shakes out. So that 37285 is going to get whacked again. Gold, gold contract continues to be on an ABC structure down to 1902. We're getting there slowly, but surely. It's a big ABC down. Bottom line is that, let me just look at this. I hope it didn't set up another ABC down. I don't think it did. Let's see this for a second. What is that? That's 264. That's 266, it did. Holy cow, okay, hold it. Okay, so we have an ABC down in 1902 right now, but guess what? I just realized this just broke another one. So what do we have here? So this is 2075. What do we got? So you got, holy cow. What's the, 75, we got a buck and a quarter. That's going to get you down to 1850. What's the bottom? Yeah, it's an ABC down at 1850. This broke with volume last Thursday. So now you're going to ABC down to 1850, and your swing low is 1846. That's quite a setup, man. Bottom line, it is what it is. That's how that's set up. Now, if you do look at the XAU and the HUI, when I was doing the goal report this morning, take a look at these, I'll show you something. XAU, this is what you want to look for. So you're down 451 right now in the XAU. You can see that monster volume on Friday. On Friday, we had a rebalance all over the place, folks. The volume was monster. But this coming over here on the, is it the 13th? I believe it's, hold on a second. Let me go to the HUI so I can see it better. We take a look at the HUI, it's right here. The strength, yeah, it's the 13th of March. So as we came off the lows, the 13th of March, that's your benchmark. Let me put this up here. And what's gonna be intriguing is that it's real possible that we might get this volume today and have a nice ABC structure down. Yeah, so right there, I expect the high of that is 229, the lows 213. That's where I expect we're going in the XAU so that your benchmark there is the 13th of March. That's what you want to be keeping an eye on. We're going to the note and bond market out here. Notes and bonds, they continue to want higher price, lower yield, no matter what the Fed's gonna do. That's how this thing is set up. They've rejected lower price. Every time that they go lower, there's no sellers. Bottom line, you can see the 10 year right now. You know, we made a low last week with 1.7 million contracts and 112, 12. You're at 113.09. You did a deep retracement, no doubt about that, but it might take your build cause. Gonna go back up the other side once again. And then if we get into the oil contract, oil contract out here trading at a price point of 70.50, this is also a consolidation, but a lower end, meaning that it wants to go lower and it's building cause for lower price. You can see this out here today. Let me do this. I see we're rolling too. We're rolling on a monthly. This is the active contract, but we're rolling on a monthly. So what you have here, that's game is 64 bucks once again. 64, five days ago, you were down to 66. The 64 is game once again. So stay right there folks. Come right back with our mammoth, the Basel Chapman. We have the Dow. The Dow Industries right now is down 206. You get the Nasdaq off 26. S&Ps are off 18. We'll come right back folks. 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For all the details and to start your 30 day Tiger Forex Report subscription today, visit the front page of TFNN.com. TFNN, educating investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, educating investors. 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Toll free at 1-877-927-6648, internationally at 727-873-7618. Welcome back folks at Dow. Dow industry is right now trading down 220. We hit the Nasdaq off 32, SAPs are off 20. Let's get over to our MMS, the Basel Chapman, as we do each and every trading day, well each and every Tuesday at 20 past the hour and don't forget, Basel does an outstanding show here every trading day. 10 to 11 Eastern Standard Time has a great newsletter also, the opening call. Now it's very easy to get the opening call folks, come over to our website at TFNN, you go into newsletters, you're gonna see you can get the opening call for one month for $149, you can get it for six months for 6.95, which is a savings of $199 at 22% and you can get it for one full year for 11.95, which is a savings of $593 or 33%. Now they all come with a 30-day money-back guarantee, folks, okay, so no matter which one you use, bottom line, if it works for you, awesome. If for some reason it doesn't, 29th day, just let us know, you get your full money back and as you get over there and you get Basel's newsletter on that page also, he has approximately 11 webinars that you can go through and be educated to the hilt as to how we ride that wave each and every day. Basel Chap, and what's going on? Hi, Tom, how are you? I'm doing great, how you doing? I'm doing well, it was good to see, it's been a while. Wasn't that fun? That was fun. Basel and I went sailing, folks, we had some fun. It was, you talk about it, we didn't even know it until I was saying, hey man, I'm going to Boston, you're saying it's too bad I'm not gonna be there, I'm gonna be in Newport, well, we were both in Newport and bottom line is that we had a blast. We did and we were very lucky with the weather. That particular second week of June, you never know. I know. I'm very fortunate it was fabulous weather. Seriously, okay, so what's the weather in the market now? All right, so we're looking at the waves in the market and as you know, let me just drag this across. In the Chap and Wave, we try to identify the lowest low bar and we count each excessively higher peak, alphabetize them, each higher peak is A, B, C, D, E, F, G. It's that fourth highest peak, peak D, that's the objective and that's where other things can happen, that's where we become a bit cautious. Well, lo and behold, on Friday we went up to leg D in the Chap and Wave, we've been along and we are still along the core positions from October but our trading position on the three times long, we got stopped out today, we've been taking profits and now we're out and I wanted to go short but this is the reason why I didn't go short, not just yet. I like to look at moving averages and the nine-period moving average above the 14, the higher it goes above the 14, the harder it is or it takes longer or it's a really serious decline before that green nine-period moving average that's on the data chart on the left, that's the one right there crosses underneath the black 14-period moving average. You'd have to go somewhere down to 33,700, 33,600. I'm not saying it can't get there, what I'm saying is that when this distance is very wide, it takes a while, it takes a whole process so there's another technique that I use if I can just find my chart there it is and that is a pattern that I look at which has a straight down move and then at a peak A or B in the rebound from that sharp move down that's where it turns around and it takes out that left side low, so it's a process. So in this particular instance what I am anticipating is that the top of 34,588 on the short term in the data chart, I think that we might get close to it but I don't think we're gonna take it out in this particular move right now and here you are in the weekly chart we've got a leg D that's only a leg I have to wait all the way until Friday before I can say it's a P because if it takes out 34,588 the higher of last week that just extends leg D. So this is a whole process going on and you can see it in the other charts but most importantly what I am looking at is if I go to something like PAVE and I've been talking about this for a couple of weeks now PAVE is the ETF we had it once we don't have it anymore it's the Global X US Infrastructure Development ETF and it's so interesting because when you're looking at the market if you think there's gonna be a huge crash or black swan event it would be so unusual for this infrastructure area to be at a new all time high or in this case just a couple of points away that would be unusual so I do like this pattern very, very much and that just says to me be ready for a digestive phase you've got stocks we've had artificial intelligence stock we've had the stock SYM for quite some time since the 21s it hit 53 the other day it's pulled back a little bit been taking profits got a core position but at this particular stage this is a look at this weekly chart I mean it's just extended it's not overextended in terms of looking at a parabolic curve if you're looking at the weekly chart and you can't really go by the monthly because this really was an IPO so this is just the first big leg up in the monthly charts the first time it's gotten to this kind of an A from the beginning of a move so I'm looking at this I'm saying we're taking some profits another one that we took profits very nice profits this Symbotic SYM we took about up to 120% profit in different positions we've taken profits there and we've taken some profits in bots we were in this in the 24s it hit 30 the other day round number high always look at these round numbers but look here again the MACD the MACD is good the stochastics holding above 80% 92% the nine is way above the 14 I just something has something really economically bad as to happen for this all of these in the daily charts just to smash to the downside so I think it's in a process of digesting gains and then I think there will be a bit of a deeper pullback when we finally get some kind of a turn around that says the nine is under the 14 in all these cases but I'm just being somewhat careful here we've raised cash we still have very nice core positions and I'm just watching to see how this plays out I'm not happy that the financial area is really still weak I like everything to go together I like the financials like the XLF to be in sync with the market and right now it really isn't in sync so we've got a very diverse market we've been fortunate enough to be in the areas that have worked but I'm also now looking at areas that maybe if we do have some kind of a consolidation these are other areas that should do quite nicely in this environment because if we get into a consolidation vessel as you said at the beginning I mean it's going to be quite a downtrap I mean if you're going to get out of those moving averages I mean because we went up so fast so I mean today you can see the volume is really light man so it's like okay the sellers still aren't out here I'm not just missing that we can't have points to the downside I'm saying it's a process and that I'm not getting I have to see it unfold I'm not just going to guess right now that we're smashing the downside so it is a process I'm expecting residual strength is still there the rotational you know you've got a stock like Caterpillar why would Caterpillar be doing so well very close to all-time highs in this environment I don't want to get over negative I know that there are a lot of I mean you put correlation you can look at many things but it's the rotational aspect that I think is really important because if we get those artificial intelligence and even stocks like a Microsoft that's been influenced look this has got a peak e this looks like the 351 high in Microsoft made just the other day it might break it by a little bit but I think it's starting a consolidation so I'm looking at this very selectively but I'm not very bearish I'm just looking to go short on a sharp callback at some point folks get over to our website at TFNN you're going to see the opening newsletters the opening call right in the left hand side just hit that button and you are off the races Bowser you have a great one safe one we look for to show tomorrow morning thank you Tom thank you stay right there folks who come right back the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market the US futures market and the Shanghai gold exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU HUI GDX the dollar bonds the South African Rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30 day money back guarantee so you have nothing to risk subscribe to Tom O'Brien's gold report newsletter now at TFNN dot com from 8 30 AM to 4 PM Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at TFNN dot com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors TFNN has just launched their new trading room the Tiger's Den hosted at Discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours and now they are expanding their reach with the Tiger's Den available to all Tigers and Tigris for just one dollar for the year there's no catch or added costs when you join our community of traders in the Tiger's Den you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas interact with other Tigers and Tigris as they share trading ideas news analysis and discuss the market action all trading day even at night and on the weekends the Tiger's Den at Discord is accessible on mobile or tablets as well so it's always at your reach to sign up today and become a part of this educational community of traders just visit the front page of 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 sit down that one just shows right now down to two thirteen that's except sixteen that's the piece down seventeen and a half listen folks I'm sure many of you have heard about the you know the Titanic and the folks down there bottom line you know send a lot of great white light a lot of prayers it looks like they had about forty hours of oxygen left and just listen to this man this is pretty intense so there's a there's a guy that has been down there four times already there's no names Joe McManus he's a renowned candidate explorer and a physician he's been down on this exact same vehicle four different times so these are the these are the three things that are problematic okay you have a hull breach a fire or an entanglement now a hull failure is catastrophic that's immediate it's a it's a kind of an implosion it's terrible and unfortunately that would be the end of their lives the second two however can be managed fire emergencies although challenging all good subs have firefighting capabilities and then the third one listen to this man well you know it's interesting how the third one McManus himself when he was down there experienced what it's called trapped by the doomed passenger ship and to break free and this happened more than 30 years ago on a different one that he was on listen to this man I was on my second dive to the Titanic he was inside a Russian mirror submersional when it landed on the floor of the Titanic pilot house and became entangled in wires when it came time to go we couldn't it was it was a thick adrenaline moment I bet it was fortunately the expedition was able to send a second sub down to assess the situation it helped top the chief pilot through the required navigation to wiggle free bottom line they did wiggle free and you know he's the guy made it imagine that though so it you know we'll see it looks like there's a there's going to be a another submergeable by eight o'clock tomorrow morning which they'd still have enough oxygen that's being flown in from France that will start diving tomorrow morning so going to wish them the best man damn this is about as intense as you get so McManus he did the work on the 1992 IMAX Titanic which yeah that's about as intense as you get so send some good white light folks a lot of prayers you know because it's not over for those people yet but damn it's it's about as heavy as you get let's go take a look at some of the higher volume make oh no let's go to platinum first a couple of the targets so platinum let's pull platinum contract up okay so platinum we're trading 966 okay so now you get an ABC down it just broke the low with volume today so let's see what we have here 1051 this is 65 so we're talking about about about 910 what's that swing low the swing low is 910 so this is an ABC down to 910 so that also wants to get down to the uh what is that the 27th of February that 27th February low that's that's how it looks the cool thing here with platinum I can tell you this when you know yeah this is monster volume it's the ABC down but when you get volume that blows out early it's good that's that's but that's it that's the ABC structure going all the way down the IWM the small caps we take a look at the small caps out here so small caps they're down 63 cents no volume I mean I wouldn't be shot these things I don't know if you're long a shot but you know this is just this is pulling back with tremendous light of volume 25 million shares you made a high out here with 32 which is not a lot but you're coming into that strength to come in it's 58 million and that price point is 184.96 we take a look at some of the higher volume equities out here today this is going to be a low volume market out here today you have um oh here let me show you this first on Friday you had you talk about volume and but you can see NYSE 3 billion on the Nasdaq we had 8 billion so you had a look at that thing 8.23 billion and what that's all about you you know basically you had a rearrangement of portfolios and what ends up happening of course is that because the equity market has gone so well the bottom line is that that's what you had happening and in spades too big time some of the other higher volume equities out here today see what we got here come on well there we go okay you get Tesla's up 12 bucks you get uh look at DICE therapeutics is up 12 that's that's that's it has a 46 dollar stock now Eli Lilly's going to buy them okay PayPal's up 235 you get Alphabet down 36 cents let's go over to toll brothers the amount of building permits out here this morning was exponential there's no doubt about that man and look at these builders man you have a buck 46 you're trading 74.95 we take this put this on a weekly okay so last high had volume in a week of 12 million and we did 9.9 let's just see this 75.97 75.61 you're gonna get a little more volume but you're pushing into those highs with volume this is pretty amazing and it just you know shows this is showing folks which is amazing it's let's go to Lana it's showing that the amount of homes that have not been built are absolutely catching up with the market now because if this was you know i've seen this happen before meaning you get interest rates that go high but when interest rates go high normally the home builds get smoked well they're not getting smoked because of the fact yeah 40s because of the fact that there are not enough homes you know that then the pickup has been pretty dramatic you know the pickup even you know we build a lot of houses the pickup has been the calls are pretty dramatic even with interest rates of 7% which is but guess what people have a lot of cash and I just I just came back from showing one that I just built they just came in from San Francisco bottom line is that yeah let's it's there's just not enough homes that's that's the bottom line that's the bottom line we gotta take a look at the let's go take a look at the cop HG because what's going on now is that you have Mark Bristow and a lot of gold miners are gonna follow Mark Bristow he plans on getting barric gold to copper in a monster way folks and he doesn't fool around so you can copper right now trade 389 this is a nice setup man this is probably setting up an ABC up up until somewhere about 40418 right now you're at 389 stay right there folks you're coming right back our phone number is 877 9276648 we have the dial down 229 Nasdaq's up 19 S&P's up 19 and a half we'll come right back if you're looking for potential trading setups in the stock market then Rocket Equities and Options Report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for Rocket Equities and Options Report today with a 30-day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFNN Educating Investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman Wave the Chapman Wave up-down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com Educating Investors 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 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 for side fund services LLC TFNN has launched the Tiger's Den hosted at Discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the Tiger's Den available to all Tigers and Tigresses for just $1 for the year there's no catch or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of TFNN.com this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ welcome back folks so now down just just right now trading down 230 get the magic off 17 SAP's off 19 let's go to Andrew and Halina Montana Hey Andrew how you doing brother hey Tom I'm good how are you good man good hey so I was looking at the Baito ETF Bitcoin and I was looking at some of the leaps and I was curious how the dividend affects the the price of the the leaps going forward okay so here give me the symbol again BITO BITO okay okay so let's take a look at this so this is pro-shear exchange traded fund the ETFs capital appropriation there can be no assurance that the fund will achieve its objectives the fund does not invest directly in Bitcoin the fund seeks to provide capital appreciation primarily through active managed exposure so where does the dividend come in here I thought I saw a yield of like 34 percent but I'm just kind of confused yeah no no there's no yield on this yeah there's no you watching Tiger TV I don't have it pulled up right now I see okay no if you saw my screen there's no yield on this okay thank you make sense there's I mean is a there's an expense ratio of 0.95 of 1 percent but that definitely does not pay a yield because that's that would be like okay how do they pay a yield you see what I'm saying that's the problem with Bitcoin in general that the more so the tokens too the the tokens all the scandals that you've had is that they you know they say that they hold a dollar right now how do you hold a dollar and they call them they don't call them yield they call them something else but it's like if they're going to pay you five to seven percent or eight percent where does that come from you see what I'm saying yeah and that's why they are all imploding because they can't they they they have to come from somewhere but the bottom line is is that they don't so you see how that works yeah you know so that's that's the that's the difference that you know these stable coins you know it's a whole rabbit hole that you can go down for sure but I wouldn't be putting money in it that's the bottom line okay you can trade trade trading Bitcoin's one thing you can definitely trade Bitcoin okay but there's no such thing as a free lunch and unfortunately there's enough there's not enough people that are you know younger than 40 that have seen down drafts and seen enough scams and yeah I don't blame them because the bottom line you get caught up in two seconds be particularly because of the way that it accelerated forward you know what I mean yeah you know but I think the biggest thing to always remember is that if you're on these platforms and the platform says that okay you know if you exchange if you do a stable coin and we're going to pay you you know five percent seven percent twelve percent of the stable coin well then you just can feel okay where is that where is that coming from well it has to be coming from someone else because there's no such thing you know in a bank structure what ends up happening is that they're paying you interest because they're loaning that out much more well they're not loaning Bitcoin's out at you know 30 40 percent you know what I mean because fractional banking the way fractional banking works folks and this is what makes it so lucrative for the banks is so you know you put a hundred dollars in the bank and they pay you you know let's say they pay a two percent right well then the bank can lend out a thousand dollars legally on that ten to one and they can charge let's say they charge even eight percent well that means that they just made six percent on a thousand dollars so they pay you two dollars and they just got 60 dollars you see the difference that's that's the system that makes money versus a Bitcoin system or a token system or whatever you know type of platform's there that's it's impossible it's absolutely impossible man so yeah how long have you lived in Montana I've been out here five years now yeah you love it yeah I love it I grew up in Wisconsin so I'm kind of addicted to the mountains I guess now I've been out here yeah I gotta get out there that's only one of the states I haven't been in man and it's so beautiful it's unbelievable I because I'm addicted to nature myself man so it's like oh and you know I was in the mountains for a long time when I was a kid and I know what you're saying man I got I got lost once in the months you did yeah and that was a little scary I I thought I got back out it wasn't it wasn't a full day it was like 19 hours I got back out because I found a I followed a wire you know there was that I found these are a wire I saw I got a chain to follow that wire and I got out I was very happy getting out but seriously yeah just head downhill yeah oh I was I headed downhill to a valley but it was so deep in that I was you know I was it was it was right outside the Grand Canyon that's where it happened because I was camping in the Grand Canyon went hiking out in the morning everything was fine I was out there three or four hours and I had two dogs with me and I should have followed one dog turned around and one didn't I should have followed the dog that turned around because he was home you know 13 hours before I was anyway well listen man you have a great one a safe one yeah thanks you too thanks man eight seven seven nine two seven six six four eight let's go take a look at some of those financial XLF so financials out here what do we have the XLF right now that's trading at 33 18 okay so this is just coming up to well it's actually actually took out a swing with volume yeah this thing's see this thing's this is this is building cause to get over this is a swing point also yeah it already got over the swing of 33 53 it's pulling back with light volume I'd say this is building cause to get through this area and this is wild man I mean that's how it's set up you can see last week actually I put this on a weekly it's going to need a lot more volume for this down draft but that's what normally happens normally it takes two or three times but you can see what it did last week we did 238 million shares versus oh push 239 you're gonna be kidding me yeah 239 versus 238 hey it's better than it's better than something lighter 239 oh it's the exact same number listen to this 23903 239 49 so it was just slightly under this is this is building cause to try to get into higher price JP Morgan we take a look at JP Morgan that's at its highs not as high as that's the high of a consolidation okay so this is doing the same thing this is a pretty good shape actually it's going to need more volume to get over this 144 area we hit the 143 90 last week so this will consolidate for a bit bit more that's how that's that's how that baby's set up down down industrials right now look at this I love it the Dow industries down 191 Nasdaq went positive that's up one and a half S&Ps are down 13 let me show you something on the S&Ps because this was that that the the E-mini right should done this earlier for you the E-mini this had volume up at this high see this right here when they had the spike earlier that had volume up there at the 4444 yeah 4444 that has that had volume earlier today stay right there folks come right back are you looking for a way to consistently add winning trades to your portfolio Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com TFNN educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after 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dividend and they did they paid a monthly dividend loss this is they paid monthly they paid last month 9.9 percent so i i don't i don't know how this works but you are correct in the aspect they do pay a dividend um indicated the yield i'm not quite sure you know what this yield means because it says 32.58 percent and that's what you probably saw when he saw 34 percent and the dividend frequency is monthly so i this meant i you'd have to do more work on yourself to really figure this out um let me look at this again but that's that's pretty wild so they must lend out bitcoin or something well actually they don't they don't even invest in bitcoin a bitcoin strategy etf the holdings let's see what the holdings are the whole i see the holdings of futures okay so you can see the top one's 33 percent for the june 23 futures 16 July futures other assets are 23 percent and then they get a bond of 26 percent yeah just be careful man that's that's the bottom line because when you but you're correct man it's not total mind blood 90 in one month right that's that's pretty wild there's no doubt about that and let me be ito because you know i want to see i bet they're taking money and hand over fist there too let's see the market cap well they're not in the billion dollars yet but that that's their 897 million so that gets some action going no doubt about it always remember folks the big and cloya hot out the bull can run you over and thank god there's always another trade health happens to prosperity have a great night folks a safe night great to be back home we get a full program and going all week we got paul speaking tomorrow morning uh bottom line tommy join him nine o'clock in the morning have a great one folks have a safe one yeah look at him folks