 is 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 Andy in Boulder, Colorado. Hey, Andy, what's going on, brother? How much you tell how you've been? I'm great, man, yourself? Pretty good. Hey, congratulations on the grand baby. Yes, thank you. I know. Tommy just sent me a picture. I mean, it's gorgeous right now. He just was taking it off for his first walk in Suwanak. He's prowling and prowling already. Yeah, I bet. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We have 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 growth so everyone's having a great day, safe day. It's a TGIF, folks. Let's make it a great one. And you should hear my grandson growl. We're going to get him on soon. He can growl, man, big time. Always do your best. Express your own divinity. You don't need to accept. You don't need the acceptance of others. You don't need knowledge or great philosophical concepts. You have the right to be you and express your own divinity by being alive, loving yourself and loving others. That's a dynamite card, man. Make it wise. Let's take a look at it out here. We have the Dow Industries up 190. Nasdaq's down 141. S&P's off 3 and 1 half. Gold contract up $7.30. Trading at $19.45 an ounce. We have Silver up 13 cents. $24.86 an ounce. Light Sweet Crude up $1.98. $98.02 a barrel. Notes and bonds. The 10-year note. Down 16 ticks. Trading 120 or 1 in the 30-year. 1 full point plus 7 ticks. And 1 up 40 is free. Oh, 1 in King dollar. King dollar up 70 ticks. Trading at 99, 8, 21 euros. Sorry, folks. Excuse me, euros 108. The end is at 124.38 and the British pound is trading at 130 to 1 US dollar. iPhone numbers 877. 9276648. Give us a call, folks. One note's going on in your world and the world of the S&Ps. Let's take a look at them. What do you have? OK, so we'll bring up the spy first. What you're going to see out here was that you get a market that tried to get the higher price. Can't handle it. That's the bottom line. You had the high of yesterday. Well, Wednesday had the high volume low, 106. Yesterday you go higher with 78 sideways. Today it tries to get into that high. The high of yesterday was at 450.60, 69. And today you get 450.63. And you're going to have a contraction of volume. That's the B to C of a small ABC structure on the way down. If we do this number, let's see what we have. You've got 62.43. Yeah, ooh, that's 20 points. OK, so you've got 20, which gets you 4.30 next up. That would make sense, because there's that big bar. So the ABC structure, if we blow away that B with volume next week, the top of that big volume day when we came off the bottom is going to be 4.35. Your ABC structure is 4.30. So that's basically saying that, hey, guess what? This thing wants to go down into those levels. And the X100. We take a look at the 3Qs, which is weaker than the S&P. What you have with the 3Qs is this. 3Qs down 4.40. Get 48 million shares traded. Bottom line, we went to lower price yesterday. It's going to be lower low today. Now, this is where this gets really into. Oh, OK, so this is the number 3.40. So that high volume buyer is 3.40 inside the Qs. So I'd say that's going to be the next place that you're going to get any type of support. Now, what will happen is this. The way, OK, so next week, you've got to calendar-wise, you've got a four-day work week, OK? So you're going to get big action Monday, Tuesday, and Wednesday. Thursday will slow down. And so the bottom line is if we come down hard and fast Monday, Tuesday, do a little bounce Wednesday, Thursday, it's going to be problematic. That's going to be basically set up the next low inside of the marketplace. Gold contract, what do we have with the gold contract? You finally got caught a bid in the gold contract, but we're going to still need more volume. What we did have happen out here today is that the gold stock stopped moving even before the dollar gave it up. So it was really intriguing when you're basically looking at this market. It's like, OK, man, the dollar is almost not making all-time highs, but it was up there good. Gold picked its nose up out of the last five days. We're going to need more volume, though. You've got 133,000 contracts, you need more volume than that. Silver, we take a look at the silver market. Inside the silver market right now, not bad. Still needs more, too. We get 45,000 in the silver market. You want to basically see 60,000, 70,000 inside the silver market. We certainly did come back to the breakout area Wednesday. You rejected lower price. Now the bottom line, you need some juice. And good old King Dala. We take a look at King Dala right here. What we have with King Dala is that you got all the way up to 100.189 and then just gave it up in space. Let me just see this for a second. Interday, OK, so yeah, just went self in two seconds. So I'm going to bring this up to the swings, move this back a little. There's this 102 and 103, we're game. OK, so now 99,840, OK, so even on a weekly, it's still going to be over that swing high. So yeah, this still can go for the highs. The amazing part, folks, is that what you have is that the dollar is basically getting into highs and gold is continuing going up. All we need is this dollar move to change just a bit and go down and you're going to see gold explode, man. So inside of the 10-year, nope, bottom line, 117 is game. Right now you're at 120. We broke down. We had some big price moves on the way down. And I expect you're going to continue to see that. Right now the 10-year is yielding 2.71. So that, no doubt, is some real juice inside of that. Let's go take a look at TWI. So TWI, this is Titan International Trade in 1317. And a low for the year 669, the highs 15. OK, so there's no doubt it had a nice run for all months. Now you're back to, OK, so what happened with this? The real question was, is this dragging down with the rest of the market? I think this finished ABC structure up one second. 11, 97, 7, that's 5, which is 14, 22, it hits 15. Yeah, this finished, what this did, when you finish an ABC up, you're going to do something out of the most times then continue higher. So what you have here is this. You're pulling back, you're pulling back with light volume. You can actually come back to the breakout area. It doesn't look like a monster, but the breakout area, this is like 12, 15, that's how I did 12, 90. And I suspect at that point you'll build cause and once again for higher price. You can see that the potash stocks are going to the moon. That IPI, there's, you know, fertilizer folks is going to go up dramatically because the bottom line is that you have basically a food crisis. And then on top of that, you have that most of the fertilizer has come out of Russia. And that's not going to happen. So more demand, less supply. Dow Industries right now up to 11, you get the Nasdaq down 123, S&P's up one. 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 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. What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market profile based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks, ETFs, commodities, futures and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. For a limited time, you can save $100 off your first month by using the promo code upgrade and you still get a 30 day money back guarantee so you have nothing to risk. Level the playing field with the TAS Profile Scanner which you can find under the services tab at TFNN.com. Sign up today. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. 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.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. At 1-877-927-6648, internationally, at 727-873-7618. Welcome back, folks. Best of the beauty, Tom O'Brien. We do appreciate you growling and prowling with us out here. We're at the Dow Industries right now of 247. Mazdax down 111. S&P's up 6.5. And in St. Pete, we've got a beautiful day today. Best of the... Oh, it's just beautiful here. Isn't it? I just can't believe how nice it is. We've got to be out there all the time. What happened, folks? We had a cold front that came in last night and it's like 72 degrees out. So it's like heaven on earth. Yeah, it's just as good as it gets. It is as good as it gets. So today, folks, in the real estate segment, we are going to be talking about selling. Now, we know the bottom line is that depending what community you live in, it is a seller's market. There's no doubt about that. But that being said, there's things, and some of the things that you've heard before that you should do when you're moving the house out, we want to emphasize more than anything, please do them. Because we know the good, the bad, and the ugly. We've seen enough houses go out there. And we've seen, unfortunately, people that have worked really hard to get the house, they've done work on the house, and then all of a sudden, at the end, they get tired, right? And it's brutal. Well, we'll talk about that in a few more minutes, but it is brutal, folks, okay? And we're talking about in this market, too. I'm giving you, like, right now, okay? And the difference is dramatic. And I can tell you personally, you know, I don't put any house on the market without that thing being pristine. It's worth it. I don't care whether it's another $5,000, $7,000, whatever it has to be, because what happens is that when people come in, and especially in a market like this, well, any market, my take is that you're gonna get more money for it. In a market like this, what ends up happening, they'll bid it up, man. That's the bottom line, you know? Low inventory, they have no choice. Low inventory. So, we're gonna start, you know, at the beginning. So, what's, you know, what are the first things? Well, first thing, you wanna prepare the house, right? Declare the house. Right. Because what happens is people have, you know, over the years, you accumulate a lot of stuff and you have money. It's the Steve Mottin joke, how much stuff we have. Yeah, yeah, so you just gotta declutter. Right. That's the first thing. Kinda wanna like a clean slate in the house. A neutral. Yeah, a neutral, very neutral. So, you just wanna have a few things, but not too much. Yeah, no doubt. And when we talk about that, folks, okay, the aspect is, you gotta remember something. Some people coming in and if your house is not decluttered, they won't be able to think. It's just like you haven't decluttered anything you can't think, your eyes go one way, your eyes go another way, okay? So, that's crucial. Yeah, they're trying to like picture their own belongings in the house. Sure. And then, okay, so then the next thing, and I know you've heard this one before, curb appeal. Curb appeal, talk to me about curb appeal. Curb appeal is one of the biggest things you gotta do for the house, right? So, most people, you know, I've had this happen before where people just drove up to the house, letting them like the outside, and they're like, I don't even wanna see it. They just drove off. That's pretty wild. So, it's kinda crazy, right? Especially now where, you know, everything is online, so people constantly just, yes, yes. And so, if it doesn't look right, there's gonna go right through it. Right. So, you just, you know, you got mold along, new mulch, you know, a lot of. Some new plants. New plants here, maybe a lot of paint. Yeah. So, it doesn't look too bad. Right. The front door, depending where you are, folks, okay, it's really crucial that the curb appeal is huge, and that you have some plants out there. Well, depending where you are, I mean, if you're in the middle of the winter and, you know, Boston, you're not gonna have plants out there. But, you know. Do you have a condor or something? Yeah. But if you're in Florida, if you're in Walnut Climates, people wanna see plants, even if they, this is what I've found. There's plenty of people, you don't hear it as much anymore, but I've, you know, that, oh, I don't wanna take care of these plants. I don't wanna do that. Plants are living, folks, okay? When people get near them, they love it, okay? I've literally haven't found anyone that if you can get them in a bunch of plants, if they say they only want rocks and cement, well, that's a problem, man. Okay, because, you know, the bottom line is that you wanna be near that liveliness. You wanna feel it. You wanna feel that oxygen. I know. It totally is a different deal. And now, this is a big one that you have down here, too, is pressure washing, folks. I, you know what? I wish I just took a picture. I just pressure washed a deck yesterday, right? Oh, yeah. Have you, you haven't seen it yet, right? Well, let me tell you something, folks. Most pressure washers, okay, meaning you wanna hire someone that has one of those heavy duty ones. They're only gonna charge you 100 or 200 bucks or something, right? You can take a piece of wood, particularly decks. If before you go make a deck that you might be buying a house and you might eat that deck is the worst thing in the world. Guess what? A good pressure washer just changes everything. I mean, I just did one literally yesterday and I couldn't even believe it. And I've done plenty of them. And it's like, you gotta be kidding me. It gives a new life. It's huge. And you should pressure wash the house. And what you have in there is the driveways. If you have driveways, get those things done because right off the bat, you're walking in, as you're walking in, the people are feeling really good. There's no doubt about that. You know, even the bungalow should do with the new wood out there? Yes. That's amazing. What I do a lot, folks, is this. I love wood. So I use a lot of cedar and I will rip, on the new houses, what I do is I'll, you get the stucco and then I use a lot of wood. I'll design the cedar around them because it's two different things that are happening. I use a lot of cedar and it makes a dramatic difference. Yeah, you know, it's got more expensive, but the bottom line is that, you know, people will pay for it. They know they get something good. As Bess would just say, and I just ripped a pot of bungalow, 1924 bungalow, and it's insane now. I mean, because what also ends up happening is that if this is the new house, it's the new house, it's the new house, it's the new house, it's the new house, it's the new house. This is something you always want to understand. Higher roofs or ceilings over your head, okay, is space that you were already paid for. So the way that you got to look at a house, this is the way I look at a house. You know, you look at it at every square foot including, including the cube, you paid for the cube. So if you ever, if you ever think this happened to be a porch, right? So the porch, it was still a nice porch, but the bottom line, I wanted to, I knew that I could rip up another, you know, basically 11 or 12 inches in the top. Well, all of a sudden, I mean, you're like six, three or six, four or something, right? Okay, so the bottom line is that little guys, the big guys, they'll walk in there and they'll feel amazing, okay? So when you're doing that, don't just take the wood down, okay, and put, and replace it. Take the wood down and brace it, and it's just as easy to bring it up, you know, as high as you can. That's what I do to every one of them, do you know what I mean? I feel amazing. Yeah, it's a whole different ball game. Yeah, I mean, the value that added to the house, I can't even point to it, but it's gotta be at least 1,000. No, I know. I mean, and it's dramatic. I mean, what's happening, we got some painters up there doing it right now, the painter himself can't even believe what he just saw. And he didn't do it. We did it before he got in there. But it's intriguing. Well, whatever's over your head feels great. That one that's just right now, up 227, you get the NASDAQ down 133 S&Ps of flats. Stay right there, folks. Having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den Trading Room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows. Interact with other Tigers and Tigers' as they share trading ideas, news analysis and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the tfnn trading community, tfnn. Educating investors. You could be making money off the stock market and if you're already making money off the stock market, you could be making a lot more. Check out tfnn and Tiger TV and get expert investing advice to give you the power to control your financial future. Go to tfnn.com and find the newsletter for you whether you're into trading gold, metals, futures, currencies or options. You'll get advice and analysis to help you seriously get ahead. tfnn also features trading services with a 30-day money-back guarantee for new subscribers as well as tfnn's Tiger Den trading room, trading software and educational webinars for all trading levels and make sure you check out Tiger TV for free on tfnn.com or tfnn's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. Eastern on market days. Stop watching on the sidelines while other people get rich and become the investor you were born to be, tfnn. Educating investors. tfnn is excited about our new software charting program, the Art of Timing the Trade Chart. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now we're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade charts today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks, I doubt. Dow investors right now are up to 40. We're gonna get the Nasdaq down 130 S&Ps, three and a half. We're gonna bring Bespin back, folks, but unfortunately that Mike wasn't working for some reason, a little technical difficulty. So the next segment, we're gonna try to get him back and we will continue on about the selling. We had a couple of comments and there's this one here. Tom, let's see, do you ever see the Florida market, the Florida housing market going ever-cooling, okay? I'm gonna tell you a great story, folks, okay? And this is about the Florida market. This is about market, the Florida markets in general, and about real estate. Okay, so I've been doing this a long time. The first place I built was in 1988. I built six units. I sold, this was a hot market. I built six units. That wasn't the first one I built. I built a couple of singles before that, but this is when I built six units. I sold them all within one day, 250,000 a piece. And guess what? A year later, folks, they were worth 125,000 a piece. This is on the water in South Boston. Now those buildings, yes, they're worth 800, 900,000 a piece, okay? Now I'm gonna fast forward you to 2005 or six. For the folks that have been listening for a long time, they know that I was waiting, waiting, waiting. I don't think any of us knew that the crash was gonna be so dramatic that everything was gonna go down. But I was at a cocktail party. And in Florida, we live in a very nice place, okay? The bottom line, you get a lot of water, you got canals, you got all of this, okay? So the bottom line, we're at another builder's house, okay? This guy builds wall moths and, no, wall greens, the drug stores and pubs and all this. So the bottom line is that we're there and a couple of these guys were talking about the aspect that Florida real estate and waterfront never goes down. And bottom line is that I was trying to keep my mouth shut and I did in the context that as to being polite, I just said, hey, listen, man, I think this could get down too. And I didn't wanna go through the whole rigmarole that I'd already been through a cycle because I didn't really know those people well enough, right? So bottom line though, I get out of there and I realize that, oh my God, okay? These people have never been through a cycle, right? Because to say that Florida waterfront would never go down, they just don't get it. The same story in Boston when I was saying that those units went from 250 to 150. Okay, so Boston got hit, New York got hit, Orange County got hit, Florida got hit, Alaska got hit and Dallas got hit. They all got cut, folks. The 89 to 92 deal was as bad as the 2007 deal. The difference was is that it hit different parts of the country, okay? So now I'm gonna fast forward to right now, okay? So check it out. 2007, 2008, we had the fund. I had the fund. We also bought, I also bought personally huge amount of property, okay? I've been selling into this for a year. That's the bottom line. And what has happened, so the way St. Petersburg works, you have this huge core. And as I've been doing that, it's like you're making your portfolio better and better. So now I own basically everything I own is really prime. It's prime downtown, that's the bottom line. Because what happens on any downdrafts, the primer properties will go down less. And now I'm gonna answer your question about the text, about the aspect. Will Florida properly ever get down? Yes, it will. My take right now is that we interest rates are going up. Property's also gonna get hit. Now the kicker is gonna be this. Now this is, you know, this is not gonna be totally wrong. I'll be crying next year if I'm wrong because I've been selling into this for a year, basically. So we've done a scale, okay? Best fit that was just next to you right here. We did a scale, he did a scale. He did a scale, this was five years ago because I won, no, seven or eight years ago. I wanted to see as the, and this is, see, you know what's so cool about being in the real estate market and being in the stock market and the bond market is that you feel like you get a little better edge. So what we did is this, we put the spreadsheet together and you know I'm all about price and volume. So what you saw, the 2007, 2008 to me was easier to see because there's so much, so many fraudulent deals, right? But let me cut to the chase. So when we put the spreadsheet together, what you had is this, you had sales going up, up, up. No, no, I'm sorry, prices going up, up, up and sales going down, down, down before it fell off the cliff. Well guess what, folks? That's exactly what we have happening right now. You hear the aspect that, you know, there's nothing for sale, you know, right now, best of, he's just, hopefully he'll get this place today. He's been on one place for 1.2 million, another one 1.1 million. We'll find out whether he gets it or not. My point is this, when rates go that dramatically higher and you see that the prices continue up and the sales continue down, most times what's gonna happen is that it'll fall off the cliff. That's one side of it. Now that's the bearish side of it. That's the side that I'm on right now. That's where my head's at, okay? The bull side would be that when we look at our sales, it's continual cash, cash, cash. So the real question there is that interest rates, do they really matter? They will matter because the reason that they matter is even if people pay in cash, the reason that they matter, because at some point there's gonna be a resetting of these prices. Okay, now that being said and done, the real question is, okay, well, where does it go? Is it 5%? Is it 10%? You know, if you're in this market, what you wanna make sure you do is two different things. You're gonna make sure that you have plenty of cash. You're gonna make sure that your debt structure, your cash flow is much higher than your debt structure. Then you wanna keep your debt structure really low. And that whatever you have, you are gonna want and keep for five to seven years, because my take is this. My take is that we're at the top right now and that what you're gonna end up seeing is that this baby's gonna pull down somewhat, okay? Could be down 20%, okay? And if that's the case, you'll pull down, you'll level off a bit, and that'll be another five years before we're back to where we are right now. So it's kind of like the saying that Dave White has on the ear, sell when you can, not when you have to. That's really important. In my particular case, I definitely had a sell-on to it. Meaning, well, I had a lot of real estate. That's the bottom line, but I still have a lot. But the bottom line is that, yes, my head is that we are gonna be in a correction and every switch, which way that I twist this in my head, it's there. And believe me, right now, I just put another couple of places up, they're gonna be gone this afternoon. So that's the market we're still in, but I've seen it enough and if I'm wrong, I'm wrong. It's not gonna matter because then, if I'm wrong, it is what it is. If I'm right, then guess what? I'm gonna rewind this whole freaking thing again and just do the whole thing over again. It's be prudent. If I can say anything, be prudent. Don't be out there bidden, bidden, bidden all the way up. Okay, get over your head. Don't do it. And I know this is a lot harder for some of the younger people because you haven't seen it before. I've seen three of these. So they're always kind of, you know, well, here. Here's the cuts of the chase. Real estate is worth what you can sign for, really. The cash is gonna be gone. And guess what? What you can sign for, rate-wise, is going up dramatically. Stay right there, folks. Come right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa, and Clearwater markets? Tiger Real Estate, LLC, is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate, LLC today at 727-329-8322 or email us at tiger at tfnn.com. That's 727-329-8322. Call us today. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the technology insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for value tech stocks, as well as entry prices, target prices, and stops to set for each trade. Dave delivers his weekly newsletters every Friday with updates throughout the week. You can get the technology insider at tfnn.com for only $37.50. Sign up for David's newsletter, the technology insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day money-back guarantee. TfNN, educating investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD, Directions Daily S&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.com slash Biotech 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, Four Side Fund Services, LLC. At 1-877-927-6648, internationally. At 727-873-7618. I'm Orion. Welcome back, folks, to Dow. Dow Industries right now, 192, you get the Nasdaq down 155, that's the BZRF4. And yeah, folks, that was quite a spiel, huh? Yeah. Hey, you know what? It's just like the market, folks, okay? You know, the bottom line, they're in cycles, and you're gonna be prepared for cycles and you can't get greedy. That's the big freaking deal here, man. That is the biggest deal. So, we got best fit back. We are gonna talk about pricing. Now, the pricing of a house is crucial to really understand, you know, so talk to me about pricing. Prices, so yeah, you know, this is the most important part of selling a house. Right. It's pricing because everybody thinks their house is worth way more than it actually is. Right. You know, there's a few cases where it's the opposite, but generally. Because it's when your personal house, if you're an investor, it's different. Yeah. But there's no doubt. Okay, this is the best house on the block. Right. You know, we're gonna get this much. Exactly. But you know, there's a lot of factors, you know, when pricing a house. Oh yeah. Oh yeah, all the factors are in, right? Roof, AC, layout, how old it is, you know, what's sold in the area. So, these are big things to take a look at it. So, you gotta have somebody that's experienced and that's able to price a right. And understand it, exactly. Cause, so what happens, folks, is this, that when you're certain areas, I mean, there's certain areas you're totally an expert at. Like, we're experts in St. Pete, period. I mean, and probably in Bel Air, Bella Bluffs up there. Yeah, Bel Air, Clear Water, yeah. Yeah, okay. And what ends up happening, you know two different things. You know who is out there right now that's looking and where their budgets are. And that's important to know. That's good information. Yeah, yeah, especially if you're working with buyers. The place that you're talking about today, there's this beautiful condom. So, these are a little overlooking the water, folks, down the beach that Bess was dealing with today. And it's amazing everyone wants in this building. Because last night there was nothing, today is three, one already went, right? Less than 24 hours. Less than 24 hours, 1.9 million, okay? So, when you understand that, that is a building that everyone likes. Not everyone, but a lot of people like. Most people, yeah. You wanna know it, okay? So, you have someone, are they getting on the car or the plane? They're coming right down. Yeah, they're flying down tomorrow. They're flying down, you know. So, that is huge understanding that, because then you're gonna understand, if you're the seller, you understand what to put on the market. If you're in the buyer, in this particular case, someone coming in, you know what they go for. Now, one of the hottest things on that, right? If you're the buyer, they want 1.2 for this. And the real question is that, you know, we don't. What do you gotta offer them? Yeah, exactly. So, this is where you gotta, you know, call the other agent and try to get a feel what this thing is really gonna go for if there are other offers or not. So, that's huge. Now, what Bestford just brought up, folks, this is, we think, Bestford and I think, this is one of the biggest things out there. Cause, what happens is that, neither Bestford or I text when we're doing deals. Okay? And I understand the textings there and all this stuff, but guess what, man? I wanna hear the person's voice. That's huge. And we ask them the questions, okay? And you would be really surprised how much information they give you, right? Yeah. When they give you information about the context of, this or that, it's unbelievable, actually. It's huge. Yeah, tens of thousands of dollars. In this case, we're talking a couple hundred thousand dollars. Yeah, right. Yeah, the textings, you know, you can't get a feel through text. No, you can't. You gotta hear the voice, you know, kind of see what they have to say. So if you're getting a broker, ask the broker, flat out, well, how do you, do you talk to the other brokers? Yeah. You know, because what just happened, anecdotally, this is exactly what just happened. Before we just came downstairs, we have two floors here, okay? Real estate's upstairs, we have the studio downstairs, and this would end up happening. Bestford texts the person, no, calls the person, she doesn't answer the phone, texts, and he texts right back, and I thought I was seeing things, man. Yeah. And we're talking about a $1.2 million dollar pad here. Yeah. It's crazy. It's like, you gotta answer the phone. Right, exactly. Because you can make your clients a lot more money too by talking. Right, right. You know, you gotta tell them what's going on. Exactly. Because if I don't know what's going on, then the buyers might not even make an offer. Right. Because they're like, I don't know what the hell is going on. No, not totally. Now the next thing we bring up, we know that in the targets down, I see a couple of people that they're actually, they're glad we're doing this because they're selling their house, okay? Oh, nice. And this pod here folks, okay, this is what I want you to do. And this has to do with pictures of your house, okay? It's crucial. You're gonna see, if you go on Zillow, go on realtor.com, right? And take a look at the pictures that are on there. And then find in your area a photographer that actually does real estate. And we know the difference. I have had a couple of really great photographers, but we get a phenomenal one now. If you look at any of our pictures there, it's the same, okay? And it has to do, and trust me, this is not more expensive than another photographer either. Because it has to do with the camera they have and the angles they have, and understanding light. Yeah. Getting the right angles. Exactly. Because you remember like, everything is relative as to what it's next to. Yeah. And that's from my beautiful Bridget. That's who trained me on this. And it's so true, man. I mean, I'm telling you, the light structure is a totally different. So what is next to it? And that'll make a huge difference as to the number of people that call you or come to the house. It won't mean the sale, but it's gonna be, instead of four people, you get 10. Yeah. And then if it looks like what you have out there, which the pictures do. I mean, they're more realistic, okay? And I'm talking about realistic pictures. I'm not talking about the ones that get enhanced. Okay? We don't want enhancement. No, no. Yeah. We wanna show the true. Exactly. Exactly. The true house. Okay, now let's get to the office and pickin' the right off of. Yeah. Yeah. Yeah, this is huge. Isn't it? You know, trying to figure out which person's gonna close. Right. Is like, it's huge, especially right now. Right. Because you get a lot of these brokers that are just trying to put your house in a contract and sell somebody else. Yep. For a profit. Sure. So that's a big one you gotta worry about. And then, if it's financed, you gotta know how strong these guys are. Right. So you gotta call the lender, say, hey. So you call the lender when it's financed, exactly. Yeah, so. And you wanna know how strong their credit is, how, you know, will they be able to close this long? Yeah, where are they in the process? Yeah. Do they just start or, you know? Right. They already finish everything and they're almost ready to close. Right. So that's huge. You know, just getting a feel from the other agent as well. It is. And I can tell you, what ends up happening, folks, in this market, could very well happen. I just moved out, what? Month ago, now, right? Yeah. And what happened was this, is that we sold it in a day. We had a lot of people there. It sold at 9.30, I think, right? Oh, 9.25. 9.25. So 9.25 cash. This would end up happening. I got a bid, a strong bid at 9.60. Yeah. Right? And it was a strong bid, folks, okay? But the difference is that a cash bid of 9.25 versus a 9.60 with a 20% down you have to decide what's good for you. But I would suggest that you take a look, you know, cash is cash. Cash is cash. And then you've got the appraisal. Yeah, you get the appraisal. That's right. And in this case, they wanted to close in one week and a half. That wasn't saying. Oh, yeah, yeah. Just no inspection. And it's like, yeah, there was no inspection. Close it a week and a half. You get the gist of it. It's important to go through that. All of that structure, though. Because then, guess what? Then it's money in your account that you've worked for a long period of time. Stay right there, folks, to come back. This market's not holding price. That's the bottom line. Asset prices, guess what? We're not gonna sell anything after this program. No, listen, we're doing this for a couple of different reasons. We love the markets. We love real estate. We like talking about it. And we're gonna, you know, you run it up, you run it down, folks. Okay, if you've learned anything, you know, about TFNN, you know, we like both sides of the market. Yeah. Get ready for the next market. Stay right there, folks. Bess and I are coming right back. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis. And it's not just dry, tedious text, either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. 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.com or on TFNN's YouTube channel and become the investor you were born to be, 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. Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex predator in the trading markets and join the Tiger's Den Trading Room only at TFNN.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows. Interact with other Tigers and Tigerses as they share trading ideas, news analysis, and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community. TFNN, educating investors. 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. Folks, let's go to our man, Andy in Colorado. Andy, what's going on, brother? Not much, Tom. Thank you for having me, thanks for going again. And extremely insightful topics. I really, really appreciate it. Definitely helps me feel out what I want to do. And I think I'm just going to hold on to my money makers a little bit longer. Yeah, no, listen to that. But I really appreciate the advice you got. And I'm still off topic. But Tom, I was wondering to get your thoughts on Boeing and basically the fundamentals as far as where it's at. I mean, I've been writing it down and it's probably looking like it's going to fill in that gap at 160. Let's take a look at it. So you get Boeing going after, oh yeah, I see what you're looking at. Okay, at 175. On the weekly. Yeah, well, I got it. Well, yeah, I think that's where you're going to. I mean, let's take a look at, you know. Yeah, it was so wild, you know, Andy about Boeing in general. I mean, you know, like last year they did 62 billion. They're supposed to do 91 billion this year. I mean, if they do 91 billion, what they're saying, you know, oh yeah, but see what's going on here. Yeah, you got to be careful, man. And this is Boeing, you're paying $50 for a dollar. Yeah, it's 50 to one. Well, they don't even have a P.E. They still lose their money, right? Unreal. Yeah, yeah. So fundamentally though, I mean, I thought that they might get a pop, unfortunately, because of what's been happening and just never really happened. Do you think even going into this recession is just probably best just to stay away? I, it depends on how long, you know, you can handle this, okay? Because Boeing, you know, is Boeing meaning that you don't have another Boeing out there. You know, so this is not going to last forever. That being said though, it's like, okay, they're losing money. I mean, I don't think any of us thought it would last this long. You know what I'm saying? That I really don't, you know? I mean, for where they were and where they are now, it's pretty intense, man. Yeah. Hey, thanks again, Tom. Okay, man. Have a great weekend. Have a great one, have a safe one. And folks, if you've got any real estate questions, stockstick questions, give us an email. Give us a call, man. We're gonna be doing this every Friday. Have a great one, folks. Have a safe one. Come visit Tommy Monday morning. Nine o'clock kicks us off. Wee! We'll get them, folks.