 The following is a presentation of TFNN The power trading hour with your host David white Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 now David white And welcome all to another excellent edition of the power trading hour and as always we come at the appointed time The following takes place between 2 p.m. And 3 p.m. Well, we had the fad minutes come out and Had a little bit of everything for everyone a little bit for the bulls a little bit for the Bears My quick glance is that it's Highly confusing so I guess you're gonna probably read into it what you want to There's a great part in fiddler and the roof where they're having a conversation and He's one guy says there's one guy that's supposed to be adjudicating to an argument and One guy says something and he goes well, that's right and then the other guy says something he goes That's right. Then a third guy goes they both can't be right. He goes. You're right And that's kind of probably what we've got here, which is certainly a Kind of a Read into it what you want I Think when you read the first half of it, it's kind of bullish you read the second half of it It kind of ends on a sour note and I'm gonna say it's 50-50 I'm gonna say it's a 60 sour 40% sweet So yeah, they got a little bit of peanut butter in my chocolate and you got a little bit of chocolate in my peanut butter But yeah, there's always more peanut butter than chocolate in there I'm sure it's much cheaper eight seven seven nine two seven six six four eight But that's it. Well, anyway, we're slowly Coming and man Are they pushing hard on the markets today on the financial infotainment things? Could they be right it could but it seems Rather stretched. Let me put it that way But we'll see Generally, there's always one side and then there's another and then yet another but it just seems rather Kind of stretched. Let me put it that way. So we'll see what the close ends up being And we're off about 25 points on the S&P cash Okay, eight seven seven nine two seven six six four eight email me at path at tfnn.com And of course you can always put a message in the den And see what we have here. I've got a couple more See, okay Why don't we do a little history? We'll wait for the market to Semi digest this. This is a second push higher. Yeah, it's kind of hard to believe that That this really from what I read that it's going to make that much difference by the end of the day so I'm gonna say that it's a It was a half empty glass, but it could be worse And 1982 On this day the visitors by the Alba band Alba becomes the world's first commercial Compact music disc pressed in Germany by polygram records a subsidiary of Royal Phillips electronics Phillips and Sony co developed the CD standard which was designed to be successor for the photograph Record by the time the CD went on sale in November of that year about 150 titles had been produced and You know and it took probably what about five years before they quit skipping in a car every time you hit a Balance, but you know if they were in your house, they weren't too bad And if you got a expensive one, they didn't sound all that bad But I'm gonna have to say that it took about five years for that to actually get technology to get up To where I thought it was at least decent audio quality, but it was okay But on this day we replaced Cassettes which were replaced by eight tracks which were replaced by AM radio All those days ago and of course people if you showed them a diss today, and they were 15 years old They may not know what you're looking what they're looking at I only wonder if they think it's some kind of alien technology if you show a 10-year-old and eight track Maybe you may I wonder if they they'll think it was part of the Jurassic period You never know eight seven seven nine two seven six six four eight look forward to your phone call today Of course, we're gonna be going into earnings There's some other stuff going on at the moment. So let's go ahead and bring that up Denberry is talking about being bought out. They had a a Halt a little bit earlier in the day But up to eighty eight ninety nine that came out just a little while ago So it hadn't been around other halts because of massive short squeezes was bedbath and beyond it was Halted for 15 minutes at around 10 a.m. It's got kind of a wide-ranging bar up here to the previous highs At 30 bucks with a lot of volume, but not holding that high and again. It's one of those things where you just have to say Yeah You know, you know, you know, you know, it's nowhere. It's worth five bucks. Everybody knows it's worth five bucks But as we talked about it yesterday, and I think the day before 40% of the open float is is Shorted and Most people were don't even ever think of just how easy it is to cause a short squeeze If you've got a lot of the shares all you got to do is move them all out of a margin account Which means that those short shares will be asked to be returned so it's not uncommon to see CEOs and big holders move their shares around let everybody get all short and then Pull them back and force a short squeeze I'm hearing that that is a little bit about what's going on in bed bath and below but You know, you you don't want to take a lot of risks so you try to get in as you're going sideways as it did for five bucks and then You make sure and wallop the people that are late to the short party by giving him a great dose of What five dollars to the thirty dollars? So that's five times as much I'm always interesting to watch people that short stocks that are five bucks. I don't understand it But again, we probably don't have to worry about them being traders for very long. Do we they'll be it will be it Anyway, the market's just kind of bouncing around here trying to figure out what to do with the news Of course everybody at least from what I could tell Is absolutely as bullish as they can ever get But we'll see After the bell, we've got Cisco. We'll talk about that as we return Inflation we are purchasing powers eroded. There's no better place to protect your harder and money-thinning gold This the gold flagship asset is the Monk Todd Gold project in the northern territory of Australia This is Australia's largest unveloped gold project We are talking a world-class gold project in a tail-one mining district This is a large-scale low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction This the gold just completed the Mount Todd feasibility study Which resulted in a seven million ounce gold reserve in a 16 year mine life All of this combined with the approvals of all major operational as well as environmental permits This this thing which is Mount Todd is an attractive dearest pot ready development stage gold project This the gold trades on the New York Stock Exchange under the symbol VGZ Are you grinding in the market? But seeing little to no return or are you a successful trader simply looking to make your job a little easier Learn to take the path of least resistance with David White's powerful trading newsletter David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find And share winning trades support and resistance Define the ranges at which stocks trade by understanding these trading ranges David White is able to find a path of least resistance David White's trading newsletter the path of least resistance is delivered daily Before the markets open to make every trading day an easy win Visit tfnn.com today and subscribe to David White's ultimate trading newsletter for $119 a month and try all of our newsletters risk-free with our 30-day money-back guarantee Take the path of least resistance at tfnn educating investors 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 markets 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 877-927-6648 internationally at 727-873-7618 The usual suspects are out flogging Apple today on Bloomberg and CNBC As far as the chart basis goes could be a whole lot worse. It's about It's about I'm gonna call it about equal the one thing you you you had decent volume on the way back up On a chart basis you had a gap down on April 6th that came down with about 90 million shares You're into it with about 50 million shares 51 now So it's performing okay didn't have a lot of energy on the way back up Which is always worrisome because that's why you get big dropouts in the market But yeah It has become the IBM of our time in the 80s The old saying was you could not get fired for buying IBM If you were in the stock market and bought something and I have a feeling that Apple is the same thing these days So keep a close eye on it. I you know, we've got a lot of market gas right now We'll see by the time the show is over. My guess is it's gonna It kind of Even out a little bit. Let me put it that way So I wouldn't be surprised to see, you know another 1% swing higher or lower before the end of the day I'm thinking probably lower though 2k GLD is it giving it up and let's go back to this so we've got it here Yeah, you've got support in about 163 volume in real big here today, but that's where support is Let's go ahead and turn that off to make this a little clearer You just really need to come back down and test 163 on lighter volume That could set up a nice ABC on the way up. What would that be that'd be for five bucks down? Okay, so it'd be like 163 and About nine bucks so it could get back up to Resistance which is around 173 if this is an ABC on the way down or ABC on the way up, excuse me But yeah, you'd probably want something like 164 163 on light volume and doesn't look bad here so far but I think a lot of people are a little wigged out about some of the other stuff going on in the market and We shall see Okay, we got some more emails coming in so we'll look at those Okay, AMD was down like about three today. So we'll go through the usual suspects before we get to Cisco Yeah Just in this trading range here. I don't know if you can or think you can make a Huge deal out of it. We'll look at its brother, which is in Vidya. It's down not a whole lot of juice Certainly could get back to 175. Of course, almost all these are massively shorted. So it's kind of tough for them to go down yet at all MSFT man, they've been flogging this one and not because of any kind of new news but just because it's Been doing well. They expect it to do and continue well Open lower tried to push higher today about half volume. So I don't know what's Into that but not a great deal Okay, so Let's take a look in FLX Look at some streamers because they were harping on those today You basically came back to the gap down on netflix that had a ton of juice that was on 420 No joke 133 Yeah, 133 million shares and Yeah, and One of the easiest volume comparisons. It had about nine million shares Compared to that gap. So not surprised that this thing's not doing much Yeah, I'll take a quick look at disney But they've been pounding on these from what I could tell Out here and kind of the same kind of look In a lot of these either w patterns or move back up to where the big moves started back lower in disney This is also 420 And you got 421 with about 18 million shares He actually had 14 million shares yesterday 24 million shares the day before so there's a little bit more juice in disney See what else out here that I wanted to look at real closely Okay Good question about ibb we brought this up yesterday As we said, did so many of these stocks had gotten up to resistance levels We were looking or thought maybe you could get 135 136 out of it, but it looks like it's Run into this resistance that it's had three times at 135 and a half Approximately didn't quite get there a few days ago I what I just don't like and this is pretty much I'm going to say 70 of the market has these kind of big w patterns And most of them had lighter volume at the lows like the ibb did on this case The june 16th low came in at three million shares compared to the 4.7 million shares on may 12th So you got these big w patterns you're getting back up to these previous highs But you had a lot of energy on the way down And you can see it on my power law vector indicator number at 4.6 And you had about a 2.9 on the way up So you can look at that obeying about 65 of the energy on the way back up Volume at the high not as bad as one would think 2.7 million shares to begin with Back here on the high of April 5th You have august 11th with 2.1 million shares. So it was lighter It wouldn't like one and a half million shares to three But it is an etf and you should put a lot more weight on Lighter volume on an etf than you would on a regular equity Yeah, everybody's talking about the big w and of course, uh, it's a mad mad mad mad mad mad world But uh Yeah, oh, I think I actually have that It's uh, I've got to be up here somewhere, doesn't it? Yeah Why did it do that? There it is The w it's all the w patterns out here. It's a mad mad mad world And you got to watch that movie. I don't care what anybody says Or how dated it's still hysterical Great movie But uh under the w and uh when I built my house down on the beach I had a w I said I had to have one Okay Other things going on here Um Back to the bonds we talked about that a little bit The 20 year bond auction uh was pretty horrific today Um, we're headed back down as I said, we're going to retest this one 12 area on the tlp That breaks we're going to go back down to the bigger low 107 71. We'll be back in a minute 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 metal 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 published a gold report with coverage of gold silver bonds the xa u h ui 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 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 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 Educating investors fnn is excited about our new software charting program the art of timing the trade charts 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 abc's butterflies and much more The art of timing the trade charts 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 Put a little bit of bear ball bear Bull bear action out here as they keep trying to push it up and A lot of people willing to sell it out as it pushes higher, but not all that much Uh, let's see what we have we've got more stuff going on here Okay And see Think we got that okay, okay Okay Okay, and see Let's go back here see if there's anything else Yeah This seems like a half-hearted pop so far anyway, we'll see Uh, to do Else do we want to look at here question about uh what we're seeing in the vixi normally Because it's a uv x y normally go to the uv x y out here um You got a little bit lower out here. It is options expiration and it's always kind of a bullish environment for a lot of people But uh, we made a fairly good indication yesterday that the high was in for the week If you go back and look at it, I saw it yesterday You'll see especially during options expiration week. There's a point Where all the premiums uh for out of the money On the weak side, which was on the on the bearish side yesterday In about 15 or 30 minutes, they'll just drop all the values of those at about 50 percent so if uh, if a Put is uh, two bucks for some strange reason it'll go to one buck for about 15 30 minutes And run all the stops and then it just reverses and comes back all over them But that's generally a pretty good sign that at least during options expiration week Uh, the high is in so that high may still be there But uh, I think maybe what we're debating on is how far we can pull back down if at all Um Yeah between Okay, uh To what else do we have uh question looking about IBM I don't know. It just kind of looks like dead money to me, but Um, you're in this big trading range of 124. You got to 138 today You did fill this gap down, which is kind of interesting. You just did it on no volume So you get down on earnings, which weren't very good on the 19th of july Um, you've gone back through that level. You never really had any kind of volume That's always a if the market's head lower You may want to look at that one As one of the leaders out here now, of course the semis have been weak all day Along with uh travel um It's probably not as bad as you would think certainly you got a doji out here, but more of a hanging man So it's a little bit to the upside compared to the downside But uh, you know what? You're just in a lot of juice in this right now Certainly you want to in my guess is over the next couple of days everybody is so massively bullish and uh Short a couple of stocks like amd and nvidia Not really short semis at all um Yeah, could you get back to two? 30 235 232 50 That's a you know, that'd be about halfway into this gap higher From the 10th and that would be a nice pattern To set up let's take a look at micron which came off its highs fairly quickly Up here at 65 bucks, which has been kind of resistance um You didn't really have a lot of volume off Uh, but this still probably is going to come back and test 59 So Don't see much in that. We look at the ibb Uh question about looking at the gdxj Gdxj And see what we have here Okay Okay Well, you did On the positive side there was this gap higher and you had some decent volume That gap went back to the 28th of july did on 11.8 million shares You dipped in there and hit it today with 5.5 million shares. So As far as the gold miners it doesn't look like there's any kind of stampede A little using a little western lingo there to come back and blow out that low um You even came back and down into it Back on the third That was about eight million shares. So I'd watch it to the end of the day But if you get less than seven million shares, I don't know if this thing pops again, but it certainly looks like it's Um setting up some consolidation for what you're looking at in gold Uh question about tesla Well, I think I I don't have the exact time to do it, but I suspect that we have The makings of a huge abc on the way down for tesla and that's going to be mostly because Of so many more evs hitting the road over the next six months I think people are going to have a lot more options than just having a standard tesla Yeah, I think To me The people that are probably most likely going to that would have bought a tesla Are probably going to buy an f1 for uh f150 if they can crank out enough of those maybe a rivian Maybe some other stuff, but there are starting to be a lot of options tesla was very lucky Uh to have a lot of people fool around instead of get on the stick early uh, but uh from um Like I said, I think the move may be down price Uh from 100 120 bucks. I think we've brought it up here that the average tesla uh Monthly payment is over 900 bucks where the average payment on an actual regular gas car is about 420 So or 425 it's in the low 400s for a monthly payment. So For tesla, what do we want to look at? I just think we're probably pretty close I don't know if it takes a couple more months For a few more of these cars to come out, but I think a lot of people are going to go, you know what? That f150 I kind of like it uh That uh tesla It kind of looks like what everything's looked like for a while I'd rather have a electric ford bronco or Ford f150 Just me. I know a lot of people though. I think they the same thing. It's kind of like a Prius. You could have had a hybrid Prius for a long time, but you know You just didn't want to be like those folks Anyway, uh, eight seven seven nine two seven six six four eight um Ntla one of the crisper stocks that we're looking at today Um went sideways had one day That it pop came right back You're just out here at the lows no volume. This thing just looks to me like There's probably somebody buying this thing at 60 or selling it But man, it's tough to figure out which side these folks are on But uh, yeah, it's gonna break here one way or the other We'll be back in a minute 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 am to 4 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 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 in 50 cents 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 Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade ch au or ch ad Directions daily csi 300 china a share bull and bear etfs china a shares in either direction Visit direction investments.com today an investor should consider the investment objectives 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 eight six six four seven six seven five two three 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 Question here. What would I do? I'm gonna sit on my hands to the clothes I think uh We've got fairly thin markets out here on both sides The up and down right now as we look at uh, you know, what is that? Uh, 42 93 is that the last one? And 42 93 Yeah, it's fairly thin. So, uh I'm not gonna make too much prognostications until I get to the close I think that's gonna tell us a great deal more That we see on what ends up being something that could be cured by rolates eight seven seven nine two seven six six four eight as we look at the rest of it Uh, we looked at that we looked at that already we looked at that See if there's anything else out here Uh question about planet here pl tr If I could type correctly Uh, okay You get down that was on earnings. You had huge volume. You never really did much other than come back up to it and pull back down Yeah, I'm gonna say it's probably gonna take another couple weeks for this thing to to base out I didn't see when I looked through the earnings and what they had to say that everything was that Sour but uh, just uh, maybe a lot of people Decided to pile on short on the thing but uh You know, I think if you wanted to buy it, you really are looking for a retest of about 825 I don't see much reason to getting in to it before then Okay, what else do we have out here question about DLR Uh, which is digital realty Uh a reed I know that One of the big shots Of shorting who shorted in ron is short this um I'm not a big fan of getting into these Uh stocks that are just kind of going sideways and uh And it's pretty much what you have here light volume to They just You generally want to find something that has Your back, uh against the wall to trade and Almost all these You know, no matter what you think about it seems to go the opposite way First before it starts moving the way that you think it should Some always a big fan of waiting until these things do break out of these tighter ranges But that's it Okay, okay Uh Got a lot more emails here. So let's go through those real quick Okay, uh Okay, let's go through a few more here Oh, we never got to sisco. Thanks, uh, john Okay, after the bell tonight, of course sisco, um blew up on earnings last time Gapped down on the 19th of may Did so with the 97 almost 98 million shares You're back into that gap and filling it with about uh 13 million shares today But you've had man 20 million shares here as we came back into it um It seems to be one of these at least the last few years that always has traded lower After earnings and then still comes back Uh again, it's one of these stocks that's owned by everybody on the street And for some reason anytime it pulls back they just buy more I don't know that they're not Doing anything more than parking money in it, but it doesn't seem like there's a whole lot there there Okay And see you got some more emails here. Let's go through those real quick Okay, I take a quick look at u and g Well, you certainly tested the high today Doesn't really game awful close. Let me put it that way within Uh 12 cents of testing the high for u and g and you backed off of it That is the june 8th high $32 77 cents 14.7 million shares You had 4.5 million shares today yesterday at 8.2. It's kind of the whole market. We've gotten back up to these highs even things that looked really good like this Um Or are kind of on the light side. Maybe this is a long into the summertime Um, you did have a fairly good day that got back into that candle with 12 million shares So generally when you have a an attempt you pull back and it's not that big a one You go back up and you still won't have any volume Generally the idea is these things tend to just kind of chew through the highs and I don't see anything in the Current administration that changes the trajectory of higher long-term energy prices Uh, it's something that there is their goal um We'll see how long they stick with that But uh at the moment, I don't see anything that changes it So if you're along it even though it's got light volume here I think you have to just sit on your hands and let this play out. We are into the most bullish Uh seasonal bias for natural gas And that's about now when the big energy companies producers Uh electric producers sign contracts for winter natural gas and You know, I can only assume that a lot of this is going to turn be turned into LNG to be shipped to europe At some point. So It's hard to be bearish about uh, ung Uh crude continues to have some fluctuations, but uh We've been able to uh create a Environment where no one's driving very far. In fact, they're driving less than when uh, they height of the pandemic And uh, you just wonder how that even works But uh, we may have found the lows out here in crude today um, again I don't think it's that critical to be exactly on time with these for the crude move But uh, probably finding some kind of low both in crude probably in natural gas Crude probably going to be a little slower to go back up to the highs natural gas Like I said, it normally starts taking off like a shot in the last week or two of august and You really don't have a week Time in that gas and tell about the first of may. All right, excuse me first of march next year. So that's it. Um Um, yeah Okay I'll go out here. We looked at my on looked at oh, okay. Uh, when we come back, uh, we'll look at ccj for larry And uh, yeah I think it just takes a little time for these things to be going. We'll be back in a minute Vista gold owns and operates the largest undeveloped gold project in australia the mount todd gold project Vista gold just completed their feasibility study resulting in a seven million ounce gold reserve Vista gold has all major permits approved and has retained cibc capital market assistance in evaluating alternatives and in completing an accretive transaction vista gold trades on the nyse american and tsx under the ticker symbol v gz Vista gold executing a strategy to create shareholder value 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 basal 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 and stock prices Get the opening call newsletter by basal chapman and 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 Everything in the universe is governed by the fibonacci sequence This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns You can take advantage of sign up for the fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader Larry pesavento on stocks you need to pay attention to and you can trust larry's analysis After all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking Expect notifications from larry on market movement. You need to act on at any time 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 Subscribe to the fibonacci 24 7 newsletter today tfnn.com educating investors Tfnn has launched the tiger's den hosted at discord Tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours The tiger's den available to all tigers and tiger's for just one dollar for the year There's no catch or added costs when you join our community of traders Sign up today and become a part of this educational community of traders Just visit the front page of tfnn.com Catch tom will bryan professional trader and educator founder of tfnn Also a special guest on cnbc. Tom will bisect and dissect the markets The tom will bryan show next on tfnn We're back Okay And let's take a look here real quick. Yeah He said I think much ado about nothing on those Numbers, I think we're going to go back to the way we had by the close But we'll see starting to see a little bit of weakness I just didn't think there was that much in that to be that bullish about or change anybody's idea the trajectory of the market But uh, hey, that's just me Okay, um, oh we were looking at kamiko out here again You know when the you make these big triangle patterns with Lower highs and higher lows. You just Really I I don't understand trying to go back and try to pick a direction before it actually does it But generally these things will about 80 percent of the time Take off like a rocket to one direction either higher or lower And within a few days that finds out it's just a head fake and it goes back down the other direction So I'm almost always in favor of hanging out and waiting for it to break out of this area with a big move And then fade that move either by the the lows if it heads lower After heading higher. Well, no, excuse me. That is fade the first Head fake is what I'm trying to say generally. There's a lot of money in those trades and I do like them We just haven't had a lot and maybe that's the end of the summer and light volume that kind of stuff But uh, not a lot here to hang your hat on but we'll see again interesting we got options expiration on friday you expect kind of the unexpected but Is not a lot of shorts in the except in a handful of stocks. So Probably upside limited Uh, a surprise would probably bring in some downside So when you can not when you have to we'll see you here tomorrow Building wealth trading in the stock market seems a