 Good morning everybody, I'm Tommy O'Brien, coming to you live from TFNN, 9 a.m. Eastern Time Tuesday morning, 30 minutes to go until the opening bell and we got markets in positive territory quite a volatile overnight session. You had Mr. Peter Navarro throwing quite a wrench into things on Fox News as he said the phase one deal was over with China. But he didn't really mean it folks, so the president came out 15, 30 minutes later and clarified it's pretty unfortunate when you got to clarify your chief negotiators words. They're usually supposed to be pretty good with their words and guess what, not the case last night. Markets freak out and trade from 31 20 down to a low of 3060 he lose about 2% in a half hour. We get it all back as President Trump clarifies and says phase one deal with China, it's still intact and the market actually trades higher 31 42 you got the S&P is positive by 31 points right now NASDAQ NQ is looking to open at all time highs of 70 points at 10,195 on those comments last night you actually traded under 10,000 briefly the Dow up 285 we were down below 25,600 last evening right now trading 26236 you jump over to oil quite a drop in oil to the tune of about a dollar on Mr. Navarro's comments last night we trade down to a low at 9 o'clock at about 38, excuse me 3980 we're up this morning at 41 42 when you got gold up as well up $8 at 1774 nothing was spared last night folks you back it up even gold sells off last evening there's your nine o'clock down to 1758 and now we're trading 1774 terms of what else you have happening in the market that's the headline Trump says China deal fully intact after Navarro Royals markets we went over the charts and what was happening there one of the numbers I just covered in terms of the Euro trading higher you get the DAC DACs FTSE Kackerel all trading higher Eurozone PMI coming in at 47.5 they were only looking for a number of 42 and change much bigger than they were looking for a little bit of optimism for a faster recovery than they were thinking now here's the difference folks I want to pull up it's a this is the Eurozone right to give you an idea of what cases look like in the Eurozone don't be confused when you see something like that say oh everything's calming down it's really unfortunate folks that we couldn't crush this curve okay because this is what the Eurozone curve looks like and this is what the United States of America curve looks like vastly different and that's going to play out for vastly different effects in terms of Apple closing some stores Florida we're getting hit hard right now and you know if you can folks wear a mask out there there's a lot of people in Florida unfortunately not wearing masks I get it okay they're not fun and it's unfortunate I have to say it political that the president will lead from ahead because that is going to help get this curve down folks stay tuned Larry Pezzavento coming up live with trade what you see