 The following is a presentation of TFNN, the TFNN Bull Bear Trading Hour, every trading 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 Trading Hour. Now, Tommy and Tommy O'Brien. Welcome folks. Appreciate your growl and a problem with us out here. We have the Dow industry is up 108, we get the Nasdaq up 68, S&P's up 15.5, gold contract flat 12, 13, 28, 70 an ounce, we have silver up 7 cents, $14.71, light sweet crude up 36 cents, trading $53.62, a barrel, notes and bonds, you get the 10-year note, down four ticks, $126.20, 30-year bond off three at $153.12 and $king dollar, $king dollar down 11 ticks, trading $9,600, $700, $king dollar hasn't been able to hold price, bottom line we'll see if there's 95, 94s game inside $king dollar, Euro, Euro is at $113, the end is at $108.50 and the pound is at $127 to $1.00 U.S. Let's go over to our man, Mr. Kevin Hicks at TD Ameritrade Bank of Swim as we do each and every Tuesday, Wednesday and Thursday. Let's forget folks, every trading day right here, 11 to 12 Eastern Standard Time, if you want to understand options, option strategies, futures, outstanding show, Kevin and his team will walk you through it every day and we have a question for Kevin because we were getting calls here yesterday and I know they were jumping on, listening to him after that but bottom line, Kevin Hicks, what's going on? Good morning, Tav, good morning, Tav, how are we doing? We're doing great. So listen, okay, we got a call yesterday, right, now check this out. You might have heard of this name, Kevin, of the stock, go ahead, what were we talking about? Yeah, beyond me, okay. Yes. Now we had to think a swim platform up, right, now the call up and what we did, Tommy, this is pretty cool, Tommy froze the screen from yesterday, right, so the call wanted to buy, it was a 35 put, right? January 35 puts, right Kevin, so it's trading at $1.70, they wanted to buy the 35 put from January. Right. And so, you know, I was saying, listen man, you know, that's far out of the money, you know, the whole bit, have you bought out of the money before? And they didn't think it was going to go to 35, they just wanted to play that pop before move down. For 20, 30 cents. Whatever it was, right, you know, to put it in context. So now we have, you know, beyond me, down, how many dollars? Oh, well, it's down 24. 32 bucks right now. Yeah, from, it's, yeah. And of course, well not of course, that's what our question is, right, the option hasn't moved. Like, barely really, right, I mean we have, it's, it's, it's trading right now, Kevin, with a bid ask of $175 by $180. And I even have the screen yesterday at a time when it would, when it had a bid ask of $150 by $180. But I put up a $270 print, it says yesterday, and you know, so, so, so what's your, what do you, you know, what are your feelings on a trade like that set up? Right. First and foremost, okay, make no mistake about that because it's hard to borrow. Yeah. If you buy puts from someone, how do they hedge it? Shorting the stock. Right. They sell puts to you at the bearish position for you, bullish position for them. That person on the other side of the trade has to hedge it by selling the stock, which, but it may get called in. So the premium level on that put that he wants to, that your customer, your listener wanted to buy is astronomical in terms of value right now as well in that, not to make it on that option is probably very wide release of options and it's very illiquid. Be really careful with what you're doing and the liquidity if the markets are unbelievably wide in these names, you've got to be careful that it costs you so much to get in and out of the trade that it's not worth doing. Yeah, exactly. Right. And it all has to do because believe me, you know, the stock is trading at astronomical levels and the implied volatility are over 200. You just got to be really careful because no one wants to remember that person, viewer of those puts have to hedge it by shorting stock that could at any point clearing from because they can't borrow it. Sure. So it's extremely risky. Let me ask you this thing because it seems to me, I remember when it happened years ago and that's when I was asking, has he ever got something so far out of the money because I remember, I don't know whether it's about 10 years ago, I had bought some puts on something out of the money pretty dramatically and they were actually leaps out of the money. And I remember the market kept coming towards me but that leap wasn't moving, man, until like almost the very last two months and then it stopped moving, right? So what we're trying to figure out is there a way that you can engage that, I know 35 is really low, but there's a way that you can get- Yeah, that's $100 from where it is now. No, totally. We're talking about the plain 35s. So as the implied volatility goes down, that would be saying that that doesn't have to move at all, right? Right. Yeah, exactly. Okay, so that's what I'm really facing there. You're facing a crush on the volatility which would make sense because it already just come off $40, come off $40 from yesterday already. Right. Yeah, I got it. So that option is not reacting to the underlying move in the stock because of it's getting dwarfed or minimized by the decreasing implied volatility. See folks, every trading there right here, if you want to understand these options, it's common sense. It's really cool once you understand what the ratio is, right? I was excited to pull up yesterday's price action to see it. I know. And then of course it's- It's the first thing I thought about this morning. I can tell you guys it's like buying a million dollar life insurance policy but they're charging you a million dollars for it. Sure. Yeah. Right. There's just not a lot of money to be made on that because they're charging you so high for it. Yes. And that's got to be frustrating, man. It just literally fell almost $35, $40 since that call yesterday. So the way to trade this is through implied volatility. You've got to trade implied volatility here and trade risk-defined strategies with implied volatility and that's the way you do it. That's awesome, man. Yeah. Okay. I'm going to switch gears on you. Two favorite girls. Lululemon. Right. Lululemon tomorrow, I think. Right. Lululemon. Right. And you know, that's going to be fun. You know, it's getting thin. The end of the earnings season, the good news is these guys are only about four and a half weeks away from another earnings season. I know. Yeah. This time on the calendar, it gets pretty thin. We've got Lululemon tomorrow, we've got restoration hardware tomorrow, we've got Broadcom on Thursday. Those are a couple good names, but that's really it. There's not much else that we would advise clients to get into here. We're going to trade them. We're going to look at them, but we're not going to trade something just to trade anything. We're going to look at the overall market. What we're going to do today on the show, we're going to work themes into it, which today we're going to talk about casino stocks, wind resorts, MGM Las Vegas Sands with all the news on gambling and legalized gambling, those stocks had big pops yesterday. Yeah, you got the wind up in Encore in Boston, man. Forget it. All those gambles in Boston, all those Irish guys, it's all they do is gamble, man. They've got a lot of competition now up there. Everybody knows. Open a casino in the Northeast, man. Listen, folks, right here, 45 minutes from now, outstanding program. Hopefully, Kevin just walked us through beyond meat moats. And as Kevin said, you want to trade the implied volatility. So I hope, you know, all your calls out there, join in, listen to the program. Check it out. That's right. Tell them big time. Kevin, you have a great one. Stay for me. Look for the program in that 45 minutes. Great talking to you guys. Have a good day. Thank you. You too, Kevin. Thanks, man. Sarah there. Tommy and I are coming right back. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. The Taz Profile Scanner instantly scanned and filters over 2,500 global financial markets, such as stocks, ETFs, commodity futures, and forex. 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TFNN has launched our brand-new website. You can still visit us at the same TFNN.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. Folks, down. Down industry is up 84, and as a company, 45. S&P is up 10. And you know what to get go out there, folks, what you had is that you had the market test the highs of yesterday. And you know, we'll see what that doesn't look to me like they're going to hold. You got right up over this high yesterday. The high yesterday was 2905. You get to 2911. Your swing point up there is at 2894. So that's the number you want to be watching all day today. We'll see whether it can basically hold it. We didn't hold it yesterday, and I don't expect them we're going to hold it today, but we'll see where this shakes out. Some of the higher volume equities out here this morning. We're going to have an API after the close today too. So we have advanced microdown 45 cents. You get beyond meets the number. We'll pull that up. That's down 32 bucks. 135. Cycle stock. Now that all the shorts had to close their position yesterday. It's intense, man. I'm telling you, it's intense. You get Facebook, look at it, Facebook's up 352. That's going to number on. Let's see what's happening with Facebook out here. We'll see what's going to happen with Facebook again as well. Oh, yeah, but I see. Okay, so you're already been one step. Well, still not bad. Yeah, you got Apple. Let's go take a look at Apple. That's pretty similar. It is. They're all trying to basically get over the highs of yesterday. We take a look at the end the X 100 strength versus the weakness. China was that big. We'll bring that up. At least 44 and a quarter percent. JD.com is up 34 percent. You get Dollar Tree up 3.4 and Biden is up 3.1. What's up with Dollar Tree? They come over there and you're just something. It's quite a little pop for a... Yeah, this is... So, let's see. The low for the is 78, the high is 111. They're 25 billion dollar. There must be something. A lot of dollar items. here and watch this folks you want to see Shanghai Shanghai took off topside last night and it looks like it does want to do something here so this is you're up 2.5% it's been consolidating at the lows and that got a good pop man I mean definitely yeah so let's take a look at this yeah get the volume and look at that you know 26 billion okay that funny and would anything drive in that really I was looking at last night I saw yeah Trump saying we can go far above 25% on tariff so obviously not that headline and no no exactly yeah bottom lines that they're off there by and the government may have may have done something you know okay inside sure I really don't know but quite quite a movement there's no doubt about that the let's go to the FTSE in the UK so that's still higher this morning up 34 bucks the DAX and that's over the swing point that we're coming into folks the DAX is coming into the swing so this is gonna be a big day man you know we'll see whether the market can hold price gold bottom-line gold has held price it's rejected this 13 or 1323 that's interesting yeah that makes sense okay that's overnight you get 146,000 contracts which is gonna be light contract volume we we did yesterday you did is that the queue yeah that's the queue so we did the 228,000 you're going against 363 okay you know so that and it's gonna be about this dollar folks dollar out here yesterday you went higher you had light of volume it couldn't hold price and looks to me like it's doing the same thing today you get 15,000 contract yesterday we did 24 yeah 24,000 you're coming into that 29 20 yeah 29,000 so you get a lot of moving pots man there's no doubt about that I'm just looking at some of the top you have up here one of these stocks down like 50% yeah what is it let's go take a look at that so we have that Kyma base I'm a base surprise miss rocks gen fit while Viking rallies so this stock down traded about 550 cut live a fat more than small capture they say yeah showing a placebo cut live a fat more than a small cap drug makers experimental debris so yeah how does that work no right that's a head gain the power of the placebo yeah it's a real deal it is in terms of you know when people just think they're taking something that's gonna make them better sometimes that's enough to get things going which is always remarkable whatever you think about your bring about you know but unfortunately that says that their drug has zero impact from what they so where was maybe we can pull up there over they there yeah so 580 see what they have going on so clinical stage biopharma company focused in developing metabolic diseases they were almost a billion dollar company now they're like 400 million yeah quite a move and let's go we got to go look at beyond me b-y-n-d just as I want to see what this chart looks like now whoo that's quite a shot man so Friday we're at 120 to 149 today we're 150 to 131 yeah what about before Friday Thursday one Thursday 100 102 but just and that was right before earnings so you could still argue there 33% since they came out with earnings all this Thursday night I was just thinking about the people that have got a force clothes on the shot position that's that's that's one of the gambles of shorting oh it's huge right it's it's and it's not like it's some super rare occurrence not to be aware that that's one of those variables if you're gonna go short that a lot of people are short and it starts going up there's gonna be forced buying oh yeah it's a self-fulfilling prophecy at that point and eventually it's just gonna be too painful that you got to sell right and what happens and then that's usually when it goes down when it's brought in that's exactly what happens you know they mean yeah let's go to what John in Chicago John what's going on brother hey how are you I heard it's only 60 degrees in Chicago this morning starting to warm up that only getting warm up no in May and now it's starting to warm up a little good it's sunny today good nice good what are you gonna look at a question yeah I had a question I'm in two gold equities and it's really a question about stops okay there's two that I've got KGC yeah maybe I could look at that one first Ken Roscoe so let's take a look at Ken Ross I got in at 312 okay so I'm up pretty pretty nicely and yeah so as I said the question is just about stops and I tend to be so I'm still in it it's come down off of this high we're 371 or so sure and I try and be liberal with the stops meaning you know I try and give it room to breathe and I don't want to get stopped out too early all day and panic when it comes down so what's your two cents on that can I ask you first where you would put your stop I'm just curious let's see I did bump it up to break even and and what would be break even 312 okay so well that's where I got in and I maybe put it a little above that just to lock in I have it at 329 that's where I put my job okay cool okay so a little under halfway off the top yeah okay so yeah just stay right there this is a great question man we're gonna go through this but particularly because this is a different animal to inside the gold market folks you know I want to just explain the difference to you that you know you can't just look at a price and say okay I want to do 10% when we're dealing with 339 stock sure you know stay right there folks Tommy and I come right back our phone number is 877-927-6648 we have the Dow industrials right now trading up 54 102 come right folks Tom O'Brien here if you like to get my daily newsletter market insights then now is a great time to sign up for a 30-day free trial every morning by 9 30 I send up my morning letter to subscribers with market commentary on a variety of markets currencies and commodities to keep investors up-to-date on the days trading action included in market insights are specific buy and sell recommendations for stocks ETFs and even options which stops and price 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with john we're talking about uh stops inside a couple uh gold equities right now so what happens john is that the way i like to do this right i think your stops going to be all right i'd put it a little bit lower actually but and this is why so what happens is that and it gets really tricky folks inside these gold equities in general because a lot of them are trading at a very small price so it's like okay if you're gonna get in you know sometimes you're putting a stop like 15 18 below 20 they do for sure that it's huge so what you like to do is you know you can see you had you had the strength started there you know at 322 on the 31st yeah may 31st you know it's backing down with light volume you know but and it makes sense that you know bottom line is if you break that 332 you know it's gonna go to the 322 so um yeah you know at 312 i think you're cool man um okay you know and i did bump it up to i'm sorry i did bump it up to 329 and maybe uh you know i was kind of looking at a fib number so from the bottom that would be just around 0.618 yeah maybe a little higher maybe i'll bring it down just a pinch i didn't want to you know i don't want to have a winter to turn into a loser but i do want to let it run if i can okay so here let's talk that that's okay that is a great one was btg yeah here let me let's talk about a winner into a loser for a second now you hear that all the time and i agree with the concept in general i don't agree with the concept though and the aspect when you're trading these gold stocks and and and this is why you have to know that these things man they go up 20 percent down 20 percent the heartbeat and you just got to get used to them you know i mean if because if you want the big money meaning if this is really to run you're gonna take some heat for a month or two months and that's how it works and if you don't take the heat and be willing to basically say okay i'm going to take this type of a loss for this type of a gain you know you'll you'll you'll make something but you won't make like what can be really made because when these things run you know it's not a big deal for them to run like 125 either in six weeks you know what i mean so you're just gonna whatever your own parameter is is cool that's that's all i'm trying to get to do know what i mean and that's the thing is i'm just kind of and i've only been doing this for about three years i'm getting used to a lot of these gold equities and just not worrying about it too much trying to keep my eyes off the screen and you know it'll go down that's a great thing to do go up a few days so if i sit there and stare at it i'm just gonna do the wrong thing and what i'm hearing then now this is what's cool when you're not over your head and you have positions that are small enough or just you know for every individual person and it's not the end of the world that's how you want to be in these because we'll end up happening yeah you know if you buy them when they're low enough then you just gotta sit sit sit and that's kind of how it is it's not this is not a tech stock do you know what i mean what does happen with them though is that when they run they will run you know but when they get smoked they'll get smoked too so you know like with uh b2 gold you know that you can see that that number there would be like 264 under 264 now this one gets dangerous because look where you are you're 269 that's in made 31st low yeah yeah you know so you know that's and i wouldn't have a problem putting it there the reason being is that kgc is stronger than b2 gold for sure when you look at this that just it just is you know what i mean so that's why i wanted to compare these two actually because i'm in both of them i'm up on both of them yeah uh btg is definitely you know the past two days kind of tell the story a past three days tell the story btg is definitely down all red and down lower and um so that's maybe one that i wanted to look at if you have a couple seconds and compare it to kgc and and this whole aspect of where should i keep my stop and because i am where do i get in on this i got in at 256 so i'm still up that's awesome okay so this is what's cool so check this out if you if you watch the tiger tv see this 10 minute buy here someone just came in really nice well that was a nice buy at this uh right before we get on here let me see well this this buy is going to kick out here i think there it is 800 000 shares at 1025 so this is pretty cool so now when you see something like this right now you know you have a buyer at 270 so you have your stop at what i put it at 263 just keep it in man just because guess what if that if that gets below that then that is a problem because we know that that's a buyer you know because if that was a sell that thing would have went lower you know i mean someone's coming to an 800 000 shares it's like okay you know so i keep it right there great great that helps a lot yeah so you know it's the the whole goal deal is a patience longer deal in general and it's as close as you can get to lower price and keep your eye on the dollar of course okay because it's all about the dollar you know because if the met with the metal is done out here the metal has rejected lower price what is really cool out here today is that silver basically has actually gone up a little you know it's out it rejected that 1463 which is a big deal because silver's been the dog you know in a huge way too um so if silver can hold your probability is a lot better that uh you know gold's gonna hold so and the bonds the notes and bonds you know you can see this this morning they've rejected lower price so that is a big deal because of the aspect of interest rate structure period you know if interest rates gonna continue lower your probability is much better that people will come in and buy gold you know so great you can mess that's super helpful fundamental with the technical there do you know what i mean cooking brother i really appreciate it and you know the gold stocks i don't really always know a whole lot about the company i just look at the charts i know basically what they're doing and follow the dollar follow the yen a little bit right look at the tlt and the dollar that's good that's the the yen the yen's a big deal if the if that yen you know keeps getting stronger gold will keep going up and you know the yen out here it's been going sideways the last couple days but the yen is really important as to the uh aspect of where does gold does want to go so great okay man that's been a huge help i really appreciate the phone call too have a great one man have a safe one thanks john thanks there's so many moving pots in that market man oh for sure you start talking about gold we're dealing with the dollar right you're dealing with interest rates a lot of currencies you call interest rates right um let's listen to boom burger early morning i mean it is remarkable man did you listen to jeff carry you must i don't think i'm not sure uh so he's the commodity analyst at uh goldman sacks right what was he saying he was just great he was he was on this morning folks if you get to listen to it again it was about all commodities the guys know so many things about sure um and it was just cool how he's putting them all together do you know what i mean like okay he's bullish gold right now but he was explaining to no wonder you're so excited go ahead well he was he was he was he was explaining to the audience gotta listen to this guy he was explaining to the audience in general like the guys like the number one commodity guy yeah of all the analysts out there anyway but he was explaining they kept asking him about longer-term deals and he was saying hey listen man that is not the commodity market you know you better not get in the commodity market if you want a long-term deal you know what i mean so it was one of those deals like you know what's this planting season doing right exactly and and you're gonna run with it unless you're gonna run five or ten years out and that's different so it goes super long or so exactly exactly stay right there tell me now i come right back if you are in the cd market and looking for a secure investment the tiger first mortgage program may work for you the security for these first mortgages are building lots in the tax opportunity zone in st petersburg florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30 000 to 75 000 the interest paid is seven percent yearly paid on a monthly basis according to bankrate.com the best rate for a four-year cd in the country as of february 20th is 3.1 percent a 50 000 investment at a normal four-year cd rate of 3.1 would give you income of 1550 per year or 6200 over the four-year period that same 50 000 investment in the tiger first mortgage 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top of the page tfnn.com 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 and p biotech three times bull and bear ETFs visit direction investments.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 principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services llc don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv for the latest market information folks uh down down is up to 66 nazis up 44 s and p's are up eight and for all you basketball fans out here this was a tough one last night right uh yeah no matter how you shake it up right even if you're a golden state fan the tough one because diranth is seem seemingly definitely gone for this season if not the whole next season with possibly an achilles tear um on the flip side of that straight and basketball golden state wins by a point in toronto to go down now three two in the series three two okay avoid uh elimination came down to the last shot um toronto had the ball down by one toronto was actually up by six points with three minutes left and the other story you'll hear is that toronto their coach called a timeout right after they had gone up by six with three minutes and 15 seconds left and to bring into what actually happens in the mba is that i was reading about because it was really like and it did stop the momentum gold state came back and actually hit three three pointers in a row to go up by three um and the rules in the mba are that you're only allowed two timeouts once it gets under three minutes okay so what coaches will do is they might use the timeout right ahead of three minutes because otherwise no matter how many you have left yeah you can only take two in the last three minutes right to prevent like a game of incessant timeouts towards the end of the game because in basketball you get a lot of timeouts you get like six or seven timeouts okay so he opted to take it rest the players kill some momentum uh this story though kevin diranth he is going to become likely a free agent at the end of the season and that's where it gets in so um he was widely expected he has the option opt out he was pretty much expected to do that because then you can jump right back into even with your own team a mammoth contract to the tune of if you stay with your team because the rules are designed to keep you with the same team they allow you to get a little bit of a better financial deal yeah uh two hundred and twenty one million dollars from the warriors if they decide to offer him that contract or um he can go for one hundred and sixty million for four years two twenty one over five if you stay one sixty over four now um that's a lot of money for not to play yeah if he does not opt out he has one more year left i believe with thirty one million dollars um there's already guaranteed that's part of the contract he is the opt out uh now it's it's there's so much speculation in terms of where he was going to end up this just throws another real wrinkle because even if they sign him he's going to be out probably for a year i mean they're going to have more information that's going to be a probability bet right so because you get thirty one million you're out anyway if you did thirty one million times five you get a hundred and fifty yeah i think he's the consensus is he's going to opt out because he's a good enough player even with this type of an injury yeah which is remarkable that he's probably going to get a max contract which is remarkable to think about you i mean because an athlete like that a year of being off even a killy seal is pretty serious actually right it's it's almost as serious as it gets but it's something that you are able to usually come back from it just takes a real long time um it takes you know complete healing of that tendon which can take a year a year and a half and basketball is so rough man to be able to compete at that level right it's like you know you can probably be a normal person walking far before then but you want to compete you want to go play with uh yeah the big boys yeah we got it yeah yeah but market wise you want to go play with the big boys guess what the big boys are selling this s and p off right now folks if we take a look at uh the s and p the i think we probably got a cut in half since the open let's see so your high is that 2915 yeah you're 2901 it's a solid half a percent yeah and if we take a look at it you got selling we're at uh you know we definitely have seven that's only six minutes into this bar and you got juice on the bar we get uh well it's not that many contracts hold it yeah well it's really not but it's more than we're bad that's that's the bottom line you know so this puts game yeah puts game over there at 2894 how about uber can we jump to uber because i know their CEO was at a some type of conference right in washington dc talking this morning saying they're going to be the next amazon but also saying that um it's going to be more than 15 years until they have self-driving ubers that would make sense yeah of course it makes sense right um right you know i mean time moves very quickly um you want to talk about transitioning an entire fleet to having no drivers on the roads um that's going to take some time it was kind of refreshing to hear um somebody actually be realistic versus i mean you hear stuff from like i think it was they were talking about gm and you know next year or something like that right um so he got the he said he's going to focus on growth over profitability during the coming years well so he's giving everyone a warning folks uh that owns uber that this is going to be like an amazon deal that he'll decide when i would agree he's going to come down to the bottom line especially when he puts the expectations for self-driving cars at 15 plus and that's what you know asked when all all of uber so full transition right you know yeah they already have experimental cars somewhere in the country on the road would go driverless uh it said that it would take 15 plus years um and that's where some autonomous services are claiming within the next five uh and i would be skeptical skeptical of those claims for sure no there's no no i mean there's an increasing regulatory burden on the tech companies um some of them deserve it and there's going to be some real burdens when you talk about a whole fleet of cars without any drivers in it yeah that's and that's going to be some of that delay right where lawmakers are going to say hold on uh as they should like whoa pedal off the gas no pun intended like you know back it off well and i think one of the problems going to be you can see how you can get autonomous vehicles you know in the suburbs first in the countryside that's a great service but in the middle of the city man guess what that's going to be more work yeah it's just going to be more work period and and it's tough to in the northeast with snow and that's it it's tough to train for every single type of situation you know um you start getting rain start getting snow um how do they fog right you know how to break and steer when there's no traction because you're on ice all that comes into play the fog's the beauty let me tell you something folks if you're it's not so much even in boston but you go up a little bit further in the main coast uh fog comes in fog can roll in in about 10 minutes oh big time right and it's like all of a sudden you can't see in front of you so yeah and what happens there right so yeah that's another thing you better get out of the car and each of those you could see taking six months a year to just get over to the public that everything's all right um yeah no no what's going on with this market man yeah let's go take a look at the uh nq's so we're a hundred uh sorry 65 points off the high in the nasdaq yeah and you know guess what this is this was a test of the highs of yesterday couldn't hold right at the open and now the bottom line is look at that cell someone's selling out there holy god that was at 9 30 man all the markets right at the open had a pretty quick acceleration they sold that down yeah this thing is game you know the even the nq's the nq's a game at the 75 26 and you're at 75 70 right now so that would get them from the positive to a negative um big numbers uh let's go take a look at that oil market so cl m9 we'll get the api numbers out this afternoon and yeah oil looks to me like you still want lower price you know this yeah and that's what jeff curry was talking about oil too and what are you saying listen to this it isn't he's explaining that we're the biggest exporter now in the world okay okay and what he was saying is that that everyone's keeps looking at you know what the the demand is he says the supply is so huge okay and guess what so what has happened though with the fracking states our folks right he's talking about those all new pipelines that are getting laid that are going to come on stream in the next year year and a half he says if you think it's big now next year year and a half he says we're going to be able to get the oil out of those states and the supply is going to be big so he's going to be saying that it's still going to be cheap oil huh yeah yeah i like it yeah i know it's huge man eight seven seven nine two seven six six four eight dow dow is up fifty one as except twenty nine sbs up four and a half come right back i'm certain you are or strive to be one of the best of the best at everything you do in life 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 mastery 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 six and three 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 is transforming 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 tfn.com and get immediate access to workshops where i take you step by step how to use an extraordinary set of tools as well as provide great market calls to sign up today it's amazing to think that tom o'brien started his weekly gold report 17 years ago with the first issue published april 7th 2002 when gold was trading at under 300 dollars per ounce gold peaked at more than 1900 dollars in 2011 and after spending many years consolidating at lower prices gold may be poised for its next big run tom o'brien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xAU hui gdx the dollar bonds south african rand as well as 25 different mining equities with specific buy sell recommendations as of april 1st of this year the gold report currently has eight active positions with an average unrealized profit of almost eight percent for each open trade new subscribers get a 30 day money back guarantee so you have nothing to risk for all the details and to start your gold report subscription today visit the front page of tfn.com don't let gold's next big run pass you by sign up today basil Chapman has a special subscriber webinar coming up wednesday june 12th at 5 p.m. called the tide in this webinar basil will be demonstrating techniques that can help one identify whether the tide is coming in or going out that is whether a trend is bullish or bearish in a variety of time frames and basil will be speaking specifically to indices currencies commodities interest rates and key stocks the technical tools that basil will be discussing are available on almost all software packages that will be shown in historical context as well as live for current market setups identifying the key trend allows one to trade with the tide rather than against it subscribers also gain immediate access to three archived workshops so you can get started right away when you sign up for all the details on the opening call and basil's upcoming subscriber webinar the tide this coming wednesday visit the front page of tfn.com and sign up today 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 tfn.com folks uh dow dow is up to 39 now it's six up 24 S&P's up four the tide's going out you beat me to it we got gold going up that's right there we go let's talk about the tide the market's going out the tide might be they might have a red tide um yeah in the markets by the time we get off the air so basil Chapman tomorrow night june 12th five till 6 30 he's going to be able to subscribe for 90 minutes he's going to be talking about the tide whether the tide's coming in going out whether the trend is bullish bearish in a variety of timeframes he's going to be checking out indices currencies commodities those interest rates and key stocks going over the tools he uses to break this down and um should be a great workshop man 90 minutes tomorrow basil's got a great service of course and uh when you sign up i just pulled it up you gain access we've been talking about it he's got at least three archives right there that um this is kind of the subscriber access area so you've got three different workshops all of them 90 minutes you can get in there and watch anytime those are going to be available the archive of tomorrow night's workshop will be available and of course you gain access to his great newsletter man updates every single day Saturday Sunday he's got his subscribers covered so check it out get access and let's go to a quick quick take on gold so what you're going to see what's happening is simultaneously as the market's going down folks you get gold going up as well as uh notes and bonds you'll see the little pop there so those three 1323 you're at 1329 we get open we take a look at that 10 year uh as you're putting this together you're going to see the same type of uh setup here we got to we're down to 12615 we get six ticks um i suspect as we go throughout this trading day here what you're going to see is we already get the rejection of higher price you got the test of yesterday you're selling off with volume bottom line traders market stay right there folks we got our man mr kevin hanks td meritrade coming up and then we got our man mr basil chap and steve rhodes day white be back this afternoon thanks pal thanks man well go get them folks