 The following is a presentation of TFNN. The TFNN Bull Bear Training Hour, every training day, live at 10 a.m. Eastern. Call now, toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Training Hour Now, Tom Antt, Tommy O'Brien. Welcome folks, appreciate you growl and a problem with us out here. We have the Dow Industries up 134, Nasdaq up 56, S&P up 16. Gold contract down $3.90 at 12.81 an ounce. Get Silver down 8 cents, $14.53 an ounce. Light Sweet Crude up 33 cents, $58.24. I got Light Sweet Crude yesterday, right? Yeah, $5 and even this morning, I'm not sure if you heard the update. It was almost at 59 bucks and then it dropped a dollar in the span of about a half hour. Look at that thing, you talk about wide price spread. We did over a million contracts in the oil market folks, which is so unusual. Yeah, 1.1 million contracts, that's a lot of contracts. Just like a $4 bar is unusual, right? Big time, big time. And notes and bonds, just the other way. Notes and bonds folks, bottom line, broke top side, had the volume behind the move. These things look to me like they're not only going higher, I suspect we're going to go a lot higher. Right now you're down 10 ticks in the 10 year. And if we take a look at this, what you're going to see, you're going to see how you busted top side. We did 313,000, no, 3 million contracts. Oh my God, 3.1 million contracts. And that's really unusual. We blew away the high of that 124.31. We got to 125. 125 flat, 125.07. Bottom line is that, you know, you talk about rates 2.3, I believe we're at this moment, 2.33. And the shifts were basically everywhere because of them, we also had gold, a gold gutter cut a bid, gold's at 12.81 and king dollar. King dollar failed at its high. It's just so wild that it makes it all the way up there. Spikes that high gets to a price point up here of the 50, no, 98.260, 98.085 was the number. Guess what? Now we'll see how it handles it, but I suspect what we're going to see out here is that you're going to have good old king dollar try to make its way back down to the 94 area. The real question is going to be each and every time that you start going down to king dollar to the volume is dried up. So we'll see where that shakes out. What we did get last night or yesterday when king dollar was doing that is that we had the euro reject lower price and, you know, the pound, the story's still out. So now, you know, Theresa May. Yeah. Did she resign today or is it a date? Let's see. You know, I'm not sure. I just kind of saw the headlines as well. Let's see. Boris Johnson top contender. We'll find out. Bottom line is that now they're going to have someone else to beat up on though. Yeah. I think they just, they're June 7th. Thanks, Mike. Appreciate it. So June 7th. That's next week, right? Yeah. And I, you know, I don't think she's been the best leader, obviously, as in things, you know, haven't happened, but the blame doesn't fully fall on her either. Exactly. And you'll find out when the next person comes in and they'll get nothing done also. Exactly. Foot lock, this guy, this guy, taking it to the cleaners in a big way. That's, that's a pretty heavy number. Doesn't get much heavier. Right. And if you look at what's, if you look at this, what would you have here, folks? This is like a classic, meaning it come down hard going all the way back to that 2017. Yeah. May of 17. So 77 bucks, monster volume all the way down into this area of $31 makes a low at 28 does a retracement all the way back up, man. It's always a mindblower. Like how far they can do retracement and then just blow away again. So let's see what they have to say. It might have been. Okay. Yep. So comp sales. Well, they were looking for comp sales of 5.5%. They got 4.6. Not that bad. Yeah. Missed by a whole percent, right? I mean, that's. The earnings per share 160 estimate 153. There must be something worse in here than this. I agree. I agree. But a 1% miss on comp sales is a decent miss. I mean, that's a big number probably when you look at every single store that they have, they have tons of store, right? It's like, um, yeah. Giving it a beating. There's no doubt about that, man. That's just a finish. That's a comparable sales, a key metric in retail. That's what they emphasize. So it might just be piling on that, you know, maybe they had some optimism that, but man, 20%, I agree. It must be. They must have been just waiting for a reason to sell that stock, man, for 20%. Totally. Let's go take a look at the GDX out here. So the GDX folks, um, yesterday what we had is this. You start moving higher yesterday and GF expansion of volume. So I like how that's set up. Uh, bottom line though needs, it needs some strength. That's, you know, that push yesterday is a good indication, but then it gave it up on price. Uh, let's take a look at, uh, platinum. Let's see. Active contract. Where are we? There it is. Okay. So July. Look at this. This is having a hard time too. Yeah. You know, platinum, we're down off this 915. You didn't break your swing low out here. The swing low we're talking about 786. This needs a sign of strength too. That's a real bottom line. It's set up that, yeah, it should go higher, but you definitely want to see a sign of strength. That's, that's how this baby's set up. And it's got to be predicated on that US dollar. Uh, and we're not going to get much information out of that today because what you're going to have out here today folks, I expect, you know, you're going to get this market will stay slightly higher. The volume is going to die in the vine and, uh, get set up for next week. And, uh, you know, my take is that these are much larger ABC structures on the way down. You know, um, the IWM just missed doing an ABC structure on the way down. Um, we did, uh, 26.3 million versus 26.9. So if it did another 600,000, it would have been going to confirm ABC down, but you can see that guess what that IWM, I suspect that's going to be making its way down to this, uh, 132. And, uh, of course the XLE with the oil going south, that thing got blown apart. Definitely. You know, that, that came down. We did a 23 million, 20, 23 million chairs. And that is swing point of 14. And we're sticking out like a sore thumb there. I was also the lows. 57 is the high of that low. 53 is the low, but it looks to me like this is just, this whole market is setting up for that December 24th retest. And it's real possible that on the larger basis, SPX, what we have happening, and it's going to be pretty cool if this is what's happening, because it won't be the end of the world, but it'll be some great trading for a year or so, is that it's possible that we have this huge consolidation, the bottom of it being in the lows of December, the top of it being where we are now. Now, that's a 22% consolidation. Yeah, it's huge. And if you bring this back, though, what you're going to see is that's, you know, we go, was that 2014, right? We did that 2014, all the way over to 2016. Yeah. You know, and that, let's see. So that consolidation was, was that 2100? Yeah, 2087, or 2134. 18. Yeah, so 350 points. Yeah. 15% maybe about that. Yeah. So, you know. Yeah. It's building cause. Big consolidation, not bad. Right. Stay right there, folks. Come right back. iPhone number is 877-927-6648. We have the dial up 108. Now it's like a 54 SPZ-15. Come right back. 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TFNN.com, educating investors. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. That was up 116 to get the Nasdaq up 53. S&Ps up 15 and a half. And we go over and we take a look at this 30-year bond also. And you're going to see both, well, all of the treasuries, bonds, notes, they went topside yesterday and had big volume behind the move. This, the 30-year, we did 537,000 contracts. The high it was spiking taken out was 150-21. And right now you're at 150-28. We got up to this 151. We go over to the TLT, which is the 20-year plus ETF structure. Look at that. That's quite a launch. That's 9.7 million. Takes out 9.1. The price 126.69. We're at 127.42. And what's going to be intriguing here now, folks, is that I just brought this back. So good four years. And what you're going to see is that, you know, the top of this range is really like that 129. And if you can take that 129 out, boy, that's 2016, imagine that. That's the election to be exactly what that is. Oh, right there. So you take that out, guess what? Then game is the high, which would be just amazing because when you go the other way and take a look at this, like, my take is that, yeah, 2% is going to be coming at us in the 10-year. Now we're 2.33 right now. And the thing that is really wild when you look at this, it's like, okay, so, you know, you can see, it makes sense that we'll get down to two because the top of this is 2.6. No, is that 2.6? We're 2.3. So we've dug into that. So, you know, you have that 2.01 there. And that's the same correlation as the 30 when we're looking at it. It must be 2016 there too. Yeah, it is. Okay. So you take that out and guess what? That would be almost un-comprehensible. Yeah, incomprehensible. That you get down to 1.3 again. It's a full percent. Yeah. It's literally almost to the penny. Right. And when you look at where we are now, we're almost down to full percent from the... Yeah. October of last year. 3.26 to 2.33. Yeah. So that's about as intense as you get. Deckers. Let's go take a look at Deckers. They evidently came in with good numbers. That's up 8 bucks. A bet? Yeah. 5, 6 percent of the positive. This is the shoe company, right? Yeah. Handbags, handwear, outerwear. I guess they make footwear. Let's see what they had to say. I think this might have been laid at their press release. Okay. So let's get that back. It might be just to be the top one. Well, they're all the numbers. So the estimate was... Yes, it was 9 cents. They made 85. Yes. Sales estimate was 378 million. They made 394. Whatever they brought to the bottom line, evidently that was maybe a one-time deal. But anyway, it's a big number. Margin, 50 percent. Pretty much in line with what they're looking for. Yeah. I'd say that earnings, they like that earnings number. No doubt. Earnings per share. And then just the opposite is going to be Autodesk. This is at highs, though. It's close to highs. It's down 10 bucks right now. That was 178. It's down 10. So it was at 168, 169 before that. Right. And so they're bringing this baby down. So let's see what they have to say. So that estimate was 45 cents. They made 45 revenue. I think the estimate was 47, right? So Mr. Byte, where are you at? Okay. It's all over there. The revenue, 740 million. They did 735. Not that bad, really. But guess what? This market is once perfection right now. And they've just taken these babies and taken themselves very quickly. No doubt about that. Let's go over to Apple and take a look at Apple. So what you're going to be able to get today, folks, is that, you know, I suspect most of these stocks are going to bounce. And if they bounce on this light volume, all that is is setting up more pain next week. You know, because the correlation is that, you know, Apple broke down pretty good. Didn't do an ABC structure down. Took out the B point. Took it out with 29 million versus 57. And a little expansion of all I missed there is 30. It's at 36. But these things are set up for lower prices. Let's go to the king. Someone out there this morning. I saw it already. $3,000. Without even trying. Yeah. But I saw the headline. I said, yeah, that makes sense. In my head. I said, yeah, that makes sense. Amazon shares can hit $3,000 mark within the next two to three years. Well, it's a long time. Yeah. About 65% above where the stock is trading according to analysts at Piper Jaffrey. Yeah. I mean, if we bring Amazon back, so let's see. So they're saying they're going to take $275 billion. Excuse me. We go back three years. There's $136 billion. Yeah. Irremarkable from 2018 to 2019, they added $100 billion. I mean, yeah, 2018 to 2020, they're going to add $100 billion to their yearly take. That's amazing. Yeah. I mean, in 90 days, they went from $50 billion to $70 billion. And I say they went. This is a forecast of 2020. But when you talk about two to three years out, man, staggering numbers. And especially these numbers, man. Let's see. Earnings per share of $40. Well, let me see the Walmart. I don't think I've ever seen a company taking $1 trillion yet. There must be someone. A year. I don't think so. Yeah. I don't think so. And a few years from now, the way that this is looking, it would seem like you would. I'd say Amazon's the one. No, that's what I mean. Yeah. I mean, they're at 320 maybe or something, but they're growing gangbusters. And maybe Walmart has their e-commerce together, man. You might see some growth there as well. Yeah. Great. Yeah. If you're adding $100 billion over two years, doesn't take long to get to a trillion. I mean, this is especially as things ramp up. Yeah. That's about as intense as you can get. Let's go take a look at the, let's go look at the FTSE and see if that's making any difference. You're up 56 points yesterday. You had an expansion of volume on the way down. Yeah. This doesn't say much. It's going to be really interesting to see. Okay. So what is the next move over there? I think there's so many moves happening just about everywhere now that, you know, not sure it's making this, making the markets move as much as it had. Yeah. Yeah. I don't think much changed that much. That's why you didn't, I pulled up the pound chart this morning. I just want to say, oh, I wonder how it wasn't that crazy. And it's not because I was like, okay, that's not like a game changing moment. Yeah. It could have something, but it's not on the forefront and some automatic deal that's going to come with her out. XAU, you know that now this is a nice ad. Now, what's interesting folks that if you're bullshit bearish on the broad market and you know, what you really would like to see today is that they like to see the market come down and test the lows of yesterday light volume. Because then that is an indication that, okay, it can go higher. Now the XAU and the HUI, that's what that is doing, which is pretty cool. Because yesterday you pushed higher and you had some volume, but it gave out the price and you can see the XAU got underneath that low yesterday. And that's going to be light volume. And if we go take a look, as soon as we come back, we'll take a look at the HUI. Stay right there, folks. 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 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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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. For S&Ps, up $11.5. And as you come over to our website, folks, at TFNN, this is it. This is a great Memorial Day weekend, and we have the TigerDoll sale. It will end this coming Monday. And the way the TigerDoll sale works is that you can get up to a 40% bonus. We do this a few times a year. You come over, you just hit that TigerDoll sale button, and what you're going to see is that the TigerDoll is a good for our product. You're going to see that the TigerDoll is a good for our product at TFNN. No expiration date. Totally transferable. If you buy $500 in TigerDolls, you get an additional $100 or 20% bonus. You can buy $1,000. You get $300 additional or 30% bonus, and you can get $1,500, which is the max, which is $600 bonus, $600 bonus, and 40%. 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There's a good time. Play with those charts, right? Totally. And get it done and then go enjoy that weekend. And you know, you can expect folks, this market's going to, you know, the market's slow right now anyway, but you're going to see this thing slow down dramatically. Yes, I would agree. As everybody I'm sure, 12 o'clock, right? I mean, 12, 1, 2. Nobody's doing business at 4 o'clock on Friday of Memorial Day weekend. You're not creating sales calls. You're not starting a group meeting. Exactly. Well, remember when we were in Boston, remember, now, picture folks, like from Boston down to the Cape, there's only really an hour and 15 minutes where we used to go. But if you do this on the weekend. Traffic-free, right? Today. You're talking about like three hours. It's probably already miles at the Goodell-Born Bridge at Gold Sagamore and the Born Bridge hitting that rotary traffic, baby. Yeah. We'll take a look at the Gold Market for a second. We'll take a look at the Gold Bugs Index. And yeah, see, this is going to be cool. It's the same kind of little setup. Yesterday, what you did is that you pushed higher, let's see, 16 million shares. Yeah. It wasn't bad. And then it gave it up in price though. You got all the way up to 152, closed at 148.52. Now, today, and this is what you'd like to see. I'd like to see anyway. We've already traded down to 14, 147.71. And now you got 148.30. It's subtle, but bottom line, that's what it takes. Let's go to Newmont. Take a look at Newmont. So Newmont's crawling higher. Barrick Gold. This has been having a hard time. Okay, this is good what it did today though. Okay. So Barrick, that also got below it. You know, yesterday you pushed higher 13 million, then gave it up in price. Right now, we got down to 12 bucks. It's going to be light volume. It's rejecting lower price. And then if we do this on a weekly, weekly is going to be a pretty good setup. You come into this swing here. That swing had 49 million shares. The strength had 122. And right now I get 47 million. So, the bottom line is that with interest rates going lower, if the dollar fails, we're close to getting a rally here. But guess what? It seems that inside the metals market, they take longer to get the rally going and then they seem to come out of nowhere. When it comes out of nowhere, it goes. But that's kind of where we're at right now, I think. Because it's like the silver market still is the laggard. I mean, look at that. That did just about 100% move going all the way back to six months. Let's put this actually put it for each full year. Oh, I know one second. I got to make this a continuous contract. SI1. So, if we take silver, put this on a continuous contract. Bring this back. That would do two years. It hasn't done a thing. Let me see. Four years. Look at this. 2016, so yeah, we bounce it along here. The positive deal is that 2016, you get a low of $13.60. That's December 15, I think. 15, okay, that's 15. Then you get $13.19, $13.86, and $14.34. Yeah. And that at least you get a little bit higher lows, but you don't have higher highs. Just that one. Let's go see what that heck was doing because heck, folks, something happened to this stock, man. It's like, look at this thing. I know they're losing money, but it's pretty intense. Yeah, it's 2008, man. 2008 is 98 cents. It looks like it's going for it. What is that low at $16 there? $145. I know. Yeah, it's like, I mean, what is the problem? Yeah, it's something, right, for sure. For 2008 to go in out of 2008, yeah, because what happened in 2008 is that once the acceleration started on all assets, and like I said, the last seven or eight weeks, I don't even think people were paying attention to fundamentals. They just, everything was going, man. Everything was up. Jumping over the VIX, so you'd expect a little positive market, but as we say that, man, the Dow's only up 67 points now. It's up over 100. Let's see what happens, but the VIX is still 1570. Let's just see some crazy action that VIX is kind of settling down. And just jumping over against that footlocker, man. Look at that drop off, like right away. So what time is that? And this is where it's always cool in the TD Ameritrade thinkorswim charts. You get the conference call at 9 a.m. this morning. Looks like they were both not that great for, and it happens a lot. I mean, there's a lot that gets covered just like we go through the numbers, right? The zanalysts would say like, I need, you know, tell me why this number is this. Tell me why this number is this. Why are you guiding down? And sometimes the CEOs, they got to have the answer. Well, yeah, or they do, and they just have to break it out because the public's going to find out and you might as well take you beaten right now, right? Because as in, if you know the fiscal year is coming down hard, you better not hide it. You can, but it's going to be hell when it comes out that day. But pretty remarkable, man. You know, 17% like you're saying. It's just quite a haircut overnight. And then we got to go back, we got to go to Tesla. Oh, that's what I was perfect, yeah. I had in my head to jump to them after that. Perfect. Oh, it's going to be 8th day in a row, I believe. Yesterday, I think it was 7 in a row. Tesla's down $3, $192. Not bad, $192. When you look at like we were just at almost like $195 on Monday. The first time I was going to Tesla was last night. Man, it's so fast, and this was the fast one. Okay. It's like, ooh, my mind. Stay right there, folks. Tommy and I are coming 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 Tiger First mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida. 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This story here folks Wall Street Alumni pot company that actually makes money. Okay, so let's see what a U.S. pot company run by former executives of Goldman Sachs and Bank of America will begin trading in Canada Monday with the market value of Canadian one billion or U.S. 744 million. Air strategies Air strategy which will trade on Toronto's NEO exchange under the symbol AYR is the offspring of Canada's first cannabis focused strategic special purpose acquisition company known as cannabis strategies acquisition corporation that was formed in 2017 and recently acquired five pot firms operating in Nevada, Massachusetts that generated more than a hundred million Canadian revenue in 2018. It's good number for where we are right now in the industry. Usually in the cannabis business areas business also reported earnings before interest. Unusually the earnings in general earnings before interest tax depreciation amortization let's see 30 million company which produces, distributes and sells the drug including from dispensaries and renal. Unusually for the cannabis industry they reported earnings before interest taxes depreciation that's the real they really made money. They plan to roll up more pot companies in the future. So you have one guy who's a former managing director Goldman and you got another guy who's a former president of Bank of America. So the targeting acquisition companies that generate 75 million to 150 million revenue the goal is to become one of the top five multi-state pot companies within five years they expect that the top companies will be able to generate 20% of the money. Interesting. Because it looks like the end user that's where I think you got to be probably right. I'm wondering these companies that they bought in Nevada or Massachusetts is it actually the dispensaries that end user versus the canopy growth they don't have stores they've shot to everyone else yeah it's pretty well watched so let me look at canopy for a second so canopy is running at yes still high man 44 bucks and they're expecting look at that they expect 94 million a quarter. Yeah I mean what's remarkable though is for 2018 which is what the numbers we were just looking at for air they took an 80 million and you got canopy it's their company that took 100 million and is valued at 1 billion or 700 million almost but obviously million different factors in terms of the ramp up I mean that's pretty staggering in terms of 2020 look at that jump from 200 million to almost a billion dollars in revenue 800 million in 2020 that's going to be amazing if they can pull that off yeah I think it's amazing so watch this folks this is 231 million they're looking to do this year next year 815 million but they're still they're going from $1.52 loss in 2019 that's then even with 850 million they're going to lose 43 cents yeah they probably have a lot of capital expenditure to push out you know in terms of their at the beginning stages of growth of building of infrastructure of stores of more grow farms I mean everything I'm sure if you're in that industry it's almost like you could just keep spending in a good way kind of you know being like no no we need more we need more just kind of in the early Amazon days like no no we're going to keep spending it's going to come the cannabis it's for sure and if we go we go to the Dow look at the strength versus the weakness inside the Dow because the Dow is giving it up by someone here well look at that so Bowings putting the bulk of the points in the Dow the Dow is up 62 Bowings putting 47 you get JP Morgan 6 visa 6 taken away from at Home Depot minus 8 Johnson Johnson minus 4 inside the NDX 100 excuse me folks strength versus the weakness you get into it or they come out with numbers too so all those to it's up 5.7% work days up 2.5 up 2.3 on the negative Autodesk down 6 2 C trip down to that ease down to so let's go to into it for a second so so the low for the years 182 the highs 282 their revenue they were expecting 2.3 billion they did 3.3 earnings per share 540 did 555 these companies are wild out there I mean you know when you look at some of these numbers it's like yeah 66 billion company that's taken in about $6 billion a year and putting 6 bucks to the bottom line not bad yeah and the shift so you get small business and self-employed 3 billion consumer 2.5 and when that we must be in the small business because you get we get this and use it by subscription I don't know I'm not familiar with it at all just accounting software just like we have a Microsoft one we have one that Natalie has one of these but it's well worth it it's very inexpensive but boy adds up to 3 billion dollars pretty wild 877 9276648 let's go take a look at those cues and the pop out here today 8 million shares down yesterday with 45 Boeing let's go take a look at Boeing and what are they doing up so that's up 7 bucks and not if a Boeing to get an attraction it's got to be above 65 let's how it broke down this is like a classic this is a but Ralph's classic I watch this this is pretty cool so he'd go like this where are you there we are put that there and that would be as horizontal broke down coming back up expected to test with light of volume if it did that's a classic and then see ya don't want to be ya and we're back above 8000 some volatility over there 200 bucks or 180 bucks today 157 some chop up there I bet the bitcoin people love long weekends like this oh sure there has to be some good action especially coming in like this these bars are just mammoth that's an $1100 bar that's a $700 bar everyday that's a $600 bar that's a $700 bar what do we got here $1300 bar I would say that don't be surprised folks when we come back Tuesday morning these things are $10,000 $4000 your next leg is at 9700 you're right next to that you can see when you have this laid out this on a weekly right now it's like sticking out like a sore thumb it's like hey why not and the next leg there is after that is $11,600 amazing don't forget about tiger dollars folks open all this weekend market wise right now you get the value of $41 now it's like a 15 that's a piece of bank because they're right there folks come right back I'm certain you are or strive to be one of the best of the best 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&P 500 for the last 12, 6 and 3 months Timer Digest also ranks me as the number one market timer for gold as well the fact is markets can be timed and I'll teach you the exact set of tools that I use that 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 homepage of 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report subscription today visit the front page of TFNN.com and get gold's next big run pass you by sign up today since 1984 Basel 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 Basel noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply later Basel found the computer software which included the market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls thus was born the Chapman wave sequence using the Chapman wave methodology along with other indicators Basel Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a 2 week free trial to the opening call Basel's daily trading newsletter by visiting the front page of TFNN.com cancel at any time during that trial and pay absolutely nothing get your 2 week free trial to Basel's newsletter the opening call today by visiting TFNN.com This segment is brought to you by Think or Swim for more information just click the Think or Swim banner on the front page of TFNN.com People are packing it in they're packing it a little bit early here They sell it first before they go away for the weekend They sell it right now before they go away No doubt you get the dial right now folks up 17 NASDAQ is up 11, S&Ps are up 4 so let's go over and take a look at those S&Ps so what's going to get intriguing here too folks is that as I said a little bit earlier we're not close to the lows though if you are bullish this market this is what you'd like to see you'd like to see the S&P actually get under the low of yesterday which is 2805 then the light volume it's like okay man if it tested and rejected then it's like okay we're almost 20 points off the high right now and that's only about 20 points from where we are currently so it's possible it's not even 11 o'clock we got pretty remarkable it feels like it's about to be the closing bell not really but you got 5 hours of trading left so that's a lot of time and if we go take a look at the NQ's you get kind of the same setup inside the NQ's and the retracement was nothing but what you do have up here this thing's not going to get to as low so hey we'll see how it shakes out there were 60 points off that high man and is it Boeing that's giving it up let's see Boeing's positive today I think right oh yeah but that's what I'm saying come back that quick 361 that's 5 bucks it was up 11 yeah so the let's see the and what we did have yesterday too by the way folks is that you did get an expansion of all even all the indices okay yesterday we did 920 inside the NYSE and you take a look at NASDAQ composite we did 2.2 so yeah stay right there folks you get fast market coming up next we'll get our man Mr. Basil Chapman Steve Rhodes I'll be back this afternoon yeah look at him folks