 of Traders. Sign up today and become a part of this educational community of Traders, just visit the front page of TFNN.com. The following is a presentation of TFNN. Okay, looking good, Billy Ray, feeling good, Lewis. We're going to have Shane Smollion is going to be our guest at the break today. Tomorrow, Jim Bartolioni, Bart's charts will be on. What I'd like to talk about today, I have posted into the room for the Tiger Den, a web, a let's put a link to an interview that was done by Walt Bressert in 1998 for Stocks and Commandies Magazine. I want to thank George for sending it out to me. I hadn't seen this in a long time. It's been about 20, 25 years ago, 25 years ago. And so I think if you'll take a look at that, he talks about cycles and why they're important. I'm going to talk about it a little bit, but right now I want to cover what's happened in the market. I posted yesterday what that high was supposed to be. We came down. We stopped exactly at the 61% retracement, and then we rallied up to the 61% retracement there at 40, 30 in the SN, a little bit higher than that with a few points. But that's what we're watching here right now. The problem, folks, is in the banking industry. We have banks that are in big trouble, and I'm going to bring this one up to you. This is a summation of the Nasdaq banks. Let's just get these up here so you can take a look at. This is the one Jim Bartolioni talked about here when we had that big guardly pattern right here. That was also 382 in the weekly. And now you can see we've had this with all this news of helping everybody look at still down and it's still dropping. Even the quality stuff, folks, I mean, major quality, the only one that is that is going up at all is Goldman Sachs, and that's just barely making a 382 retracement. Let me get this one up here. That's just telling me that there's something not right here. That's really the bottom line. So let's put up Goldman Sachs and we'll take a look at it. I'll be doing Dave's show. I keep referring to him like he's still here, and I think he is. Anyway, you can see we made that 382 a couple days ago, and then we rallied back and we're testing it again. That's why the Dow has been up so much. So very interesting. So we want to pay very, very close attention to that. Now, the positions that we're looking at that we really felt really strongly about was the gold market, which we bought down there at the 1940-1942 level. It's a little bit higher than that. I wanted to show you the importance of the 382 retracement, folks. Just get this up here, and you'll be able to see a beautiful garly, and it also encompasses what the AI says. It says, in about a half an hour, we should start down on gold. And the ABCD measures there to 1999. That's pretty close. Don't know if it's going to happen or not, but we're going to see if that's correct. Look at the beautiful 382 retracement right here, folks. Perfect ABCD right there. That's a $20 move in gold with a risk of about $4. Those are the kind you look for. Sometimes you're right. Sometimes you're wrong, but that's what you want to be watching. So let's pay close attention to that. Now, the other one that I wanted to show you, I know it's Bitcoin, but I have to give you these patterns as I see them. This is the one that we've been watching for a very long time. And I said, when I see the bell being rung, I'll let you know. And they rang the bell last night. This is the pattern we were looking at. You can see the 382 there. And I just want to bring it up so that you can see it now in real life. I'm just going to move it over here into a four-hour chart. And it shows the three drive to a top pattern. And we'll talk about that in just a bit. Here we go. I don't know if this affects the stock market, but look at this. This is a perfect three drive pattern. Look at this move that we've had here, folks. That's a monster move. There's the 382 right there. The perfect three drive. Look at that, one, two, three. Just can't be any better than that. Off a little bit. Now, if we get above this, lights out. It's going to go a lot higher. That's what patterns are for. Because when they fail, that means they're going in the opposite direction. So try to pay attention to that. That's something that may or may not be helpful in your trading. Now, I've got a little bit, two segments here today. I wanted to share with you. I wanted to show you JP Morgan, just to show this. This is the best bank in the country, as far as I'm concerned. And only because the guy that founded it was a real genius. Anyway, you can see, look at this. With good news, we gap up, can't make the 382, and look at it now, and it's still dropping. Now, let me ask you a question, boys and girls. There's really smart people in the banking system. Some of them are not so smart. Just like any other business. But why are all of them going down? Except with the exception of Goldman Sachs. And that's an investment bank. That's not the kind of bank that most people use. Something's wrong. They're either talking to each other, or something is going on that they know. I know what the trouble is, that the funds that they're getting from the Federal Reserve, they realize that they're printing funny money, and something is going to be really, really crazy here. It looks like it's getting really ominous, folks. That's all, well, it doesn't make any difference. Your money is safe. It's the people that are in the, what do you call it? They own the shares of the company, or the ones that are going to get creamed. Now, let me show you, updated here, what I think is happening in the stock market today. I'll get this up here so we can take a quick look at it. I wanted to finish it before we come to the next break. But there's where we were last night. You see, we went right to the 61% retracement. We started the rally. We got right up here. And if we go below this low right here, you see that cycle low right here? You see how the cycle lines up? If that breaks today, if we make a new low, below that 3965, that low yesterday, then you're looking at ABCD. And when you break this one, uh-oh, look out. Then it's really, really tough. See, this is, you're seeing high translation here. You see that, how it crests on the right? That's really bullish. That wife, it goes below here. That's left translation that they talked about. Now, the article that, if you can get this article, just go to www.waltbrecer.com. And I think there's something else in there about WB3 or something, but the link is there. I posted it into the room. And so that you'll be able to see it. It should be no problem at all. And it's really a good article. I'm gonna be talking about that when we get back from the first break because he's just got so much wonderful stuff with it. It's just really great. But I wanted to share with you a couple of other, these banking stocks, because they look so horrific that it's absolutely scary. I mean, it really is. And where are they? I'm looking for the ones that have been down quite a bit. So we'll find out if that is the case. Well, those are the main ones, I guess. Yeah, those are the main ones I wanted to show you were the banking index for the NASDAQ, the JP Morgan, Goldman Sachs, Bank of America. Where's Bank of America? It's one of the big ones. And I can't define that the Bank of America. Hold this, what is it right here? Ah, here's, well, that's not it. Well, I'm gonna find it because I did it three times and I put it in here. I just can't, I've got so many things to show you that I can't get them all done. And, yeah, son of a gun, can't find it. I'll find it maybe. Okay, let's get old Bank of America. I gotta get rid of some of this junk. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, Forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive. He just hosted Forex Strategies and Fundamentals, What is Behind the Tiger Forex Report. 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. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability Newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. 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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. Free at 1-877-927-6648 internationally at 727-873-7618. We're back, folks, and I believe we have Mike on the line. Mike, are you there? Yeah, hi, hi. How are you there, Larry? I am good, my friend. What can I do for you? Yeah, well, you were discussing the demise of the NavVac Bank Index. I wanted to come up and discuss H&R Block, which is basically a fintech now. And I was just wondering, this hedge fund came out today, this contrarian hedge fund came out with a cell signal on it. And it had a big dump this morning. So I was just wondering whether or not, if you could look at the charts on the daily or weekly basis and tell me whether or not this is the next N-ROM. Okay, let me, what is the symbol on? SQ. SQ is H&R Block. I wonder what is an H&R, whether it must be used. I think they merged with Square. Oh, they merged with Square. Yeah, Square was a payment. Yeah, they took out Square, they kept the symbol. Okay, Square, SQ. Okay, so did H&R buy Square? That's what it had to be, because- Yeah, I think so, yeah, I think it was a year ago. Okay, well, I'll tell you what, we've got a little bit of time here, so let's just take a quick look at it. I have to add it to the system. So just give me one second and we are looking here. SQ, I had a very good friend that was in that stuff from the very beginning and made a lot of money. Oh, Howard Holland, Howard, hold on just a minute. But did he close out of position? Oh, he got out right near the high, yeah, he sure did. Yeah, he sure did. Okay, all righty. Whoa, boy, they're getting it, they're getting it. I don't know if it's, oh, let's get the daily up first to see where we are, Mike. The sharks are swimming, right? The sharks are swimming around, they smell blood. It doesn't look very good. There's something wrong with this one too. Let's pull this up so you folks can see it. I wouldn't put any money into this one, because there's trouble in River City on this one, Mike. I don't know if it's gonna be one that goes to Tapioca or anything like that, but there's some major problems in this stock. I wouldn't touch it. If we go below those lows that we made back in October and we're not very far away, that means another 30% down on this, so I wouldn't touch it. Had a really nice cell signal just yesterday, actually. You had a nice one through five pattern up there and then it closed badly and then down the big gap. Somebody knew something. That's why they were dumping it. I hope that helps. Are you involved with it, Mike? You don't have any projected downside targets, do you? Yeah, I do. All you have to do is take the bottom of the chart out and add about another $40 to the stock. They would add about $40, subtract $40 from where we are right now, and that'll give you a big ABCD to the downside. Oh, I see. Okay, so you're taking the high, subtract the low, and the difference you subtract from the October low, okay. That'll get you, that'll get you. Thank you very much. Hey, you're welcome, my friends. Stay nice over there. Spring's coming, you're here. Spring is here. Thanks a lot, Mike. Okay, folks, I posted that chart again for Walt Bresser and I wanna do it again because it's that important to me and I think it's that important to you. Walt, I'm not gonna be able to cover it all, I'm gonna cover it on David's show next. I keep saying David's show, I should say the next show. Sure missing. Okay, this is what Walter, you can see ABCDs here, right? All right, now Walt Bresser, let me just give you a heads up, okay. I met Walt in, oh, it must have been in 1970, April, at the Profit Magic of Stock Transaction Meeting in San Francisco where I met John Hill and Peter Lighties and a whole bunch of other people and I got involved with Cycles and in 19, he was here, Walt moved to Tucson in the 80s and during the 80s I would come over and visit he and Teresa here in Tucson. They had a little ranch or a nice ranch on the east side of town and what I would do is, you know, we do cycle stuff and then, you know, we went our separate ways. He started a HAL Commodity Service which was HAL means high and low and the reason why you're seeing charts on a computer like this, the pioneer of that was Walt Bresser, he was one of three people that started at Walt Bresser and the fellow down in New Orleans, Tim, oh dear, I'll remember Tim Slater and Mark Douglas and Walt Bresser, those are the guys that got started to put this stuff together so you can get a laptop or it wasn't a laptop, of course, but it was a desktop, you could actually see the prices and change the time frames and get your oscillators all put in, that all came to fruition sometime in early 1983, Walter was a pioneer in that. He's also one of the people that knew Edwin Dewey for the foundation for the study of cycles. It's just all the stuff that he's done through the years. His son Jerome lives here in Tucson and his mother, his widow is here, Teresa who used to be a playmate of the year, couple years back. Anyway, the thing that you want to give your hats off for Walt because he did so much stuff and this article is, so it's in March issue of 1999, Walt passed away just about, oh, it must have been, I can tell you almost exactly, about 18 years ago over in Las Vegas he got Alzheimer's really quickly and he just, he left us in a hurry. And Jerome, one of the standup guys, he had two sons and Jerome's still in the business but Jerome was involved with Perrigan Financial, remember them, PFG, Perrigan Financial with Russell Wassendorf and he basically ripped off a whole lot of people for a whole lot of money with his private jets and everything and all of his trades were just like Sidney, or not Sidney, Bernard Madoff, they were all done on a copying machine, he never did anything, all of it was was moving money around and that's pretty much what he was doing. But I'd like for you to read this article if you get a chance because it was in Stocks and Commodities Magazine and he talks about oscillators, he talks about double bottoms, double tops, all of those things that we look at, the patterns that we watch. Now, he didn't do much in Fibonacci, I tried to get him interested in it but he said, and it's the same thing with astrology, even though he knew Edwin Dewey and Edwin Dewey was, he was really into astrology and these cycles are nothing more than astro cycles. I feel strongly about that, I don't know the answer to him but the guy coming on next does, Shane Smollion will be our guest. So I think you'll enjoy some of these things that you'll get here. If you don't have access to this, it's Larry at TradingTutor.com, I'll copy and paste it and ship it out to you. It's that important for you. If you like cycles, it's that important. I just want to mention the 12 cardinal mistakes that you don't want to do. Lack of a game plan, lack of money management, failure to use protective stops, taking small profits and letting your losses run, overstaying your position, averaging your loss, meeting margin calls, increasing your commitment with success, overtrading your account, failure to remove profits from your account when you want to buy something nice and changing your strategy during market hours. Lack of patience or trading for a settlement, not for a profit. Those are the 12 things that he lived by. And he said in the article, he was embarrassed to show them because he'd broken the rule so many times but that's what rules are for. Are you breaking them enough and you realize maybe I better stop breaking that rule and that's pretty much what you want to be looking at. But I wish you could have met him. He was about four years older than me and boy, he was one smart cookie and really enjoyed all the time I spent with him. I came here probably a half a dozen times here. It's why I live in Tucson is because of Walt Bresser. That and my cousin lived here. We'll be right back with Shane Smollion, TheWolfTrader.com. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metals sector as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30 day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. Everything in the universe is governed by the Fibonacci sequence. 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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. 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. Okay, we're back folks and I believe we have the wolftrader.com on the line, Shane Smollion, how are you doing young man? Good afternoon, Mr. Larry, how are you? I'm good, my friend. What do you got for us today, buddy? Well, first of all, I just wanna express my condolences for David White, it's a huge loss and it's just, it's just, there's no words. I mean, I was doing a webinar on Saturday and somebody had put it in the chat and I had no idea. It was just, it really shook me up. I was, I couldn't even get my focus. I was just, it was just such a shock, so. Yeah, 58 years old, that's pretty young. Yeah, so my condolences to everyone, tfnn and his family and everybody who loved and supported him. So, yeah, anyway. All right, so today, I'm gonna try to make a little bit of sense of what's going on because there's been a lot going on in the last few weeks. I hope somebody does. And I don't have all the answers, but I'm gonna try to kind of put a little bit of the pieces together to give a little bit of the context in terms of what, how I see it with the Fed and where we're going from here. So I'm gonna start out with just with some headlines here in terms of what I think is likely going on here. I think the, I think there's a good chance that this bear market is over or coming to a close pretty soon here. We covered our, we had some short positions that for the most part, the longer term positions were covered last October. I do see behind the scenes, the Fed is continuing to build strong behind the scenes. And this is an important theme here because of what we're seeing in the recent weeks in terms of what they've been doing with the lending behind the scenes. So everything now is behind the scenes. And when we see what they're saying explicitly at the meetings, you know, they're still doing a minor rate hike or they're considered a pause. They're considering this more or less a dovish meeting. But really it's a tale of two stories, you know, what's happening on the surface and then what's happening behind the surface. I still think it's gaining strength behind the scenes. In terms of the astro cycles, you were speaking about that earlier that these are just cycles, I agree with you. And there's one of the biggest cycles is the Saturn cycle. This made a big low on 320. And so this cycle goes up for quite a few months. It goes all the way up into the fall. So I think if we can stabilize the banking situation here, and that's a big, that's a big if, but if we can stabilize things, I think we have a chance at some type of a low here, a significant low in this market. So we will see those are the headlines. This is just kind of how I see it. Now, the Fed internals went into this buy back in October. They had been down for over a year. So really that's when I started tracking the change behind the scenes. So the recent banking crisis is largely related to liquidity issues of bonds that are underwater. Now, of course there's other issues, bad loans and things like that. There's other issues here going on as the Fed raises rates. But a big part of this problem was that these banks had these assets, okay? So they had these bonds which are typically very, they're very liquid assets. I mean, they're still liquid, but the rates raised so quickly that the value of the bonds dropped. So these banks had these unrealized losses on their books. Now, for the Fed, that's not a problem because the Fed can never have a bank run. So the Fed can just sit on those unrealized losses until the bonds mature and then they get the full payment. Now, there's larger banks, Bank of America, Chase and some of these bigger banks, they have those unrealized losses, but they're so big that they can just afford to just let them sit there. But in the best case scenario, that's still money that's out of the system now because they're not gonna sell that off at an unrealized loss if they don't have to. Some of these smaller banks have these bonds that are underwater. And then when people come, when the depositors come and they want their money, you have to provide that money instantly. And so if you have an asset on your books and it's underwater and so that creates a problem. So this is what's happening to a lot of the smaller banks. So the Fed, so that's just kind of like a broad-based summary. Of course there's other issues, but this is kind of the big issue that the Fed is addressing. So the Fed has conducted a series of behind the scenes bailouts to provide liquidity. Now, I'm gonna address this. The assets have increased on the balance sheet, but that's not necessarily QE in the sense that we think of it. So it's kind of a weird thing. The Fed made these loans, assets increased, but they didn't buy bonds and they didn't buy mortgage-backed securities. Well, they bought a little bit of mortgage-backed securities. They bought about 150 million, but they're not really doing QE in the sense of they're gonna just buy the treasuries like they were before. So what's going on here? Well, the Fed releases this statement on March the 12th, which this is the night that we had the Silicon Valley and Signature Bank and so they came out at 6.15 right after the futures opened and they announced a new facility essentially. So the Fed pops up these facilities as they need them. They did this during COVID. There was all these different facilities that they had corporate credit facilities, secondary corporate credit facility, main street lending facility, the TALF which helps consumers. So they call this the bank term funding program. And so what they did was they loaned money to the banks up to one year in length. And what they did was they took these assets that the bank had that was underwater and they loaned them the full value of the amount. So these assets will be valued at par and it's an additional source of liquidity against high quality securities. So this is what they did and they made available up to 25 billion from the exchange stabilization fund. So what they essentially did here was they provided it's kind of a short-term fix. They provided liquidity. So now that money is not frozen there that they can actually use that money. They can access that money. So if depositors come, they can access that money which is really important. And then the, so this is talking about Yellen was in there too. And they also said that the depository institutions may obtain liquidity against a wide range of collateral through the discount window, which remains open and available and this we using the same margins used for security. So they're going to do the same thing. They're going to let them use the par value for these securities, which is good. And so that provides a backstop. So this is all behind the scenes. So the Fed raises, of course, in the meeting they raise rates and hand waving and all that stuff. But behind the scenes, they're really addressing this to provide this liquidity. And this is going to go on for, they can do this for at least a year. So advances can be requested on the program until March 11th, 2024. So what this means is that it was a big step in reducing, increasing liquidity for these banks that had, what are good assets? I mean, we know that the treasuries are good assets, but they're just underwater because they raise rates so fast they can't access these funds. So this is what the Fed did. So what does all this mean? Well, the Fed has bought time, they definitely bought some time. So maybe they anticipate, at some point the bond prices have to come back up to meet these original rates, that has to happen. But they bought some time, which is good. And the banks can access these assets with unrealized losses. And like I said, the program will last at least one year. Technically, it's not quantitative easing, but the assets are expanding now and QT has walked backwards. So we're gonna look at that for in a second here. And again, I'm just trying to make some sense of what's going on to explain to people because people ask me, is quantitative easing starting again? So technically no. But when we look at the Fed, the Fed has these assets. So usually we think of these two here, US treasuries, mortgage backed securities, these are the highest, US treasuries are the highest rated. And then there's corporate bonds, which we saw during COVID. And then asset backed securities, which is involved with the TALF program, which helps consumers. So people think the Fed is all for the big banks. That's not true. They help out the consumer markets too. Like if you go to buy a car, there's nobody there to back that. The Fed steps in with the TALF and so they helped out the consumers to forward currencies, physical assets like gold, but people don't realize loans, like through the discount window or the bank term funding program, which is this new facility. Those are assets. We've got to pay a few bills now, my friend. Sure. Be back with shamesmolywolftrader.com for us. 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. 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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. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade L-A-B-U or L-A-B-D, 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. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Back folks, speaking with Shane Smollion, thewolftrader.com, please continue, my friend. Okay, so why are we talking about all of this Fed stuff here? Well, I just wanna give the context in terms of what is actually happening here because with these loans, these are the assets of the Fed. So, okay, so we had this period here with quantitative tightening. So everybody was talking about, call it QT, right, which is the opposite of quantitative easing. So you had this quantitative tightening that was going on for a while. Mainly Treasuries, they actually had started buying the mortgage-backed securities a couple of weeks ago. They bought about 150 million, but you see this big spike up here. This is what just happened here. And so this pushes us back to about November 23rd. So the assets have increased again, but that's not because they're buying Treasuries and mortgage-backed securities, it's because of what's going on with these new programs behind the scenes. So, this hasn't improved the liquidity for the banks. It's helping them draw upon some of these assets, but it's kind of rolling back to QT. So, and behind the scenes, there's liquidity increasing, even though they're tightening on the surface at the meeting. So this is the strange thing. So, I thought they would come out and just reverse like the Bank of England did, but they did us, it's gonna have a similar effect. But I think that this meeting was actually very important because it solidified their stance. So on the surface, they're gonna slowly raise hikes, maybe pause, they talked about possibly pausing. So some people have viewed that as a dovish meeting, but behind the scenes, they're providing bailouts and stimulus. So those holes that are forming, technically they got bigger with the assets if the bonds keep falling, but they are addressing the situation behind the scenes. So, I think this is a good situation because the Fed's in a good position, they can still cut rates and they can begin QE at any time that they choose. So they bought themselves about a year. Now, what I track with the Fed internals, they continue to surge, the Fed use 3.0 is still in a buy and multiple systems and forecast models are turning positive. So we have the big runs, which is long. And then there's this combined Saturn cycle, we're gonna get into that. That actually made a low on 320. And then the cat signal, which is a combined Astro signal, it makes a low today. So I think that's a good sign. I mean, the fact that we're holding up, this is a very simple moving average picture of the NASDAQ, but you can see that, I mean, considering everything that's been going on, I mean, you still have a rising 50-day moving average above the 200. You would think that in a situation like this, you would have just horrible selling and markets crashing. You don't see that. They're still holding up okay here. So that's a good sign actually that we're seeing that in the NASDAQ and the S&P, it's a similar situation. In fact, the S&P is a little more stable here. You can see that the 50 still above the 200. So just from that large scale perspective, I think that's a pretty positive thing. Now I track behind the scenes, I track what's going on with the Fed internal. So this has actually made a positive divergence here. You can see that they've really been working behind the scenes here. And again, we saw that with the bailouts, but there's a positive divergence here. So when they start ramping this up here, you can see the market was where this green line is. And that's created a positive divergence. So I think we have to go back at least to this level. This is the 4200 level here. And then after that we'll see, but I think it was a big negative divergence that had to fulfill. I had talked about that before too. This had gone up here. It had to come all the way back down to that 3848. It did. And I think the next divergence is a positive one here pushing to the upside. So I think they're doing a pretty good job of keeping this stable, considering everything that's going on. So we'll see, it seems like it's a day-to-day thing, but things kind of calmed down here. We had a situation where it was literally like every day something new was happening, even over in Europe with Credit Suisse. But overall, I do like the situation that we're in here from this perspective here. Now, this is the Fed use 3.0 here. This is also in a buy, this red arrow here. And so tomorrow the quad lunar will go into a buy. So overall, I think just holding up, I think like I said, considering the circumstances holding up pretty well. Now there's also a geomagnetic activity that we look at. So this is something I always like to check on because when these geomagnetic storms come to the earth, it can be a bearer situation for the S&P. So these numbers here represent the strength of the geomagnetic activity across the earth. And so there are a couple of minor storms coming. There's a G1 and a G2 storm coming. You can see here the 23rd and the 24th. So tomorrow there is a minor G2. Now this was originally not supposed to be in the morning tomorrow, so it was supposed to be out further. So this can have a slightly bearish effect on the markets, but typically we need to see a storm get up into this G3 range. That's a strong storm. And when we get the G3 storms, we can get larger pullbacks in the markets. But we have, I would say a series of minor storms here coming today and tomorrow. So at least on the short term, that can create some headwinds for the market. So we have these forecasting models that we look at. And what I try to do is I combine different astro models together to try to give us an idea of where is this market going. So we are at some type of an astro low here right now. This is something that I published at the beginning of the month. So this is the 23rd here. So we're at a low and so this does start to rise now. And we also just hit an important low on the 20th with this big Saturn cycle. So I think we're at a nice astro low right now for these markets. And so if the markets can kind of stabilize here, the astro cycles at least now are starting to push to the upside. And so that's a good sign for the S&P. Now, Saturn just changed signs. It went into the sign of Pisces. And so as you pointed out, these planets are nothing more than a hands on a clock. It's a period of motion. It's a cycle, right? So it's a cycle. So Saturn is roughly 29 year cycle. So you can see here on this chart, these are the different zodiac signs. All that this represents is a position in space on the tropical zodiac. It's just like the hands on a clock if you could think of it that way. And so you can see here this represents, this is the Dow Jones going back to the 1800s. And so this is Saturn and Pisces here. So typically when the Dow Jones starts Saturn and Pisces, it's generally a positive period for the first part of Saturn and Pisces. And then it dips after that. So that's the typical response of the markets. It typically tends to go up in the beginning and then down. So this is roughly two and a half years into here. But this is the general pattern. So in general, this is a positive pattern here for these markets. And then this is a zoomed in picture here of the Saturn cycle for Saturn and Pisces. So we're coming over here. So right now we're into this March period here. There's a period of kind of sideways motion here. Then it goes up into next year. So this is 2024, goes up into about the middle, to mid part of 2024, the summer. And then it has the issues on the backside of this transit. The first side of this is generally positive. So I think if these markets can stable and even if the Fed can start with QE again, which they can easily do or cutting rates, I think there's an environment here where the markets could have a rally going forward here. At least for this year, I think that the environment looks generally positive. Now this is from the perspective of the cycles, the astro cycles, but I think overall this is a pretty positive looking picture here. And I have one more. Do we have time for one more here? Yes, sir, we sure do. We got one more minute to go. Yeah, please do. Okay, so this is the cycle that I was talking about. Now this is an important cycle because I put all of the planets against Saturn. And Saturn tends to make good cycles like in terms of forecasting for the markets, but you can see we just came into a low here. So this is 2023 here, out to 2024 here. So you can see we just came into a low here. And this thing goes up until July. It has a pullback until about early September and then it rallies again until October. So as far as I'm looking at here with the astro, we're at a good spot here. And like I said, the markets look like they're in a pretty good position there with those moving averages. So okay, they stay with us. We'll be right back folks, changemolyandwealthtrader.com. 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. 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Please continue my friend and tell the folks how they can reach you if they would like. Sure. So you can reach me at wolftraderfutures.com. Each Saturday we have a webinar. So this Saturday we're gonna have this webinar on Pluto and Aquarius in financial markets. So we've had a strange month here. We've had two of the outer planets change signs. Saturn went into Pisces, which is what I was talking about on the previous graph. And Pluto, which is even slower moving, is gonna move into Aquarius. So we're gonna talk about that on Saturday. This is a little bit of a tougher read because the orbit is so large that we don't have as much data. We don't have as many samples on this. So it's a little bit tougher, but I'm gonna do my best to kind of navigate through that and talk about that. So we're talking about just some general themes that go on in the world and then markets. The Saturn and Pisces, I just showed you the previous graphs, but generally the Saturn and Pisces graph is positive in the beginning and then negative towards the end. And so if you wanna come by, it's on the YouTube channel, it's wolftraderfutures. And we come every Saturday at eight o'clock. And if you wanna come out and join us, it's free. You can chat with us and ask questions. And I try to do a different topic each week just to kind of keep things fresh and original. So this week we're going back into the astro topics of Pluto and Aquarius. So that's good. And you're gonna join us on the next half hour, in half hour, with they're gonna finish up on the next program too. So that'd be great. We'll see you in about 30 minutes. How does that sound? Sounds good, Larry. Thanks so much. We'll talk some astrology. I like to hear that stuff. Okay, sounds good. Don't know much about it, but I like to hear it. Okay, partner, we'll see you in about a half an hour. Shane Smollion folks, wolftrader.com. And we got June Gold just broke the $2,000 level folks. Treasury bonds are still acting strong. Stock market's weakening a little bit and a little more than a little bit. We've given back 300 points in the Dow, which is more than a little bit, that's for sure just like yesterday almost. We closed below yesterday's low folks. That's not gonna be good, but that's my two cents worth. 877-927-6648.