 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 Tom and Tommy O'Brien Welcome folks appreciate you grow and a problem with us out here We have the down investors down 385 Nasdaq's up 100 S&P's off 36 gold contract up $15 and 40 cents trading 14 84 notes It's silver up 26 cents 17 dollars 23 cents an ounce light sweet crude down 40 cents $55 57 cents a barrel notes and bonds you talk about a bid and talk about volume man 10 year up 26 ticks at 129 23 the 30 year up two full points 159 14 and King dollar King dollar down 116 ticks trade 97 739 Euro at 110 the yen is at 108 point six five and the pound is at 129 to one the US dollar and Two days S&P's you're talking big numbers here, man Boy, you know last December is is looming large as we're we're we're now 30 minutes in the second trading day of December Yeah, and I was just mentioning you from the futures from the high we had early yesterday morning in the S&P 3158 about we made it down to 3069 that's 90 90 S&P points and it's 10 a.m. On the second trading day of December And you know it's so cool folks. I said as I said to you yesterday Right, you know yesterday. I was talking to tell me about the the trade last week on the gold market Yes, which is 1.75 million for a 4,000 a strike price in 18 months and guess what by the end of the day I was talking a lot. I can't wait to get our man Mr. Kevin Hanks on because yesterday you had someone committed a hedge bet yes And guess what they are Timing is everything is everything man Mr. Kevin Hanks a TD Ameritrade think a swim as we do every Tuesday Wednesday and Thursday and folks you want to understand option Option strategies outstanding program and you they can tell just from last week to this week Who ever put that trade on it was a hedge evidently, you know, but bottom line like four billion plus You want to stand the option market? You know in this market Kevin Hanks. What's going on? Good morning, Tom. Good morning, Tommy, you know these are I want, you know I'm not gonna tell you why I was up, but I was up this morning at about 4 o'clock a.m. Chicago time when I love it Trump made these statements on the air. Yeah, and What I said when I came on TD Ameritrade network this morning was I Didn't hear what the mainstream media is saying he said I didn't hear it Yeah, I heard him going through a bunch of scenarios. He picked out about four Yeah, and one of them was waiting till after the election Yeah, so I believe me. I believe this market was overextended on the upside and looking for any reason to sell off but if you're selling this market off because of What you perceive Trump's comments were to be about China trade. I think you're making an error Yeah, but where we run so quickly a now You know two and a half three percent sell-off is perfectly natural And and not something that people should panic about for sure. No, it's a tradeable event. There's no doubt We can hear it in your voice last week. I mean, you know that that's that's the reality You know it's so cool and what you hear about Kevin and this is really important folks We're in this business for a while. There's certain times that I'm not saying you don't want to get any sleep But it's really close to that Kevin, right? Do you know what I mean? No, it is right that because you realize that hey, this is it man Okay, and you know you only have shot Spans of time where you can get some good volatility and whether you're a bull or go when you get good volatility There's a lot of different trades that you can set up, you know Yeah, and if you're trading, you know day one was a good hard sell-off Well, we're in the middle of day two here and a day to sometime during day three You know if you're bullish you start to nibble on this market for sure Yes, because this is a good healthy correction here that is perfectly part of a healthy economy Yeah, well, you know and what's gonna be so intriguing here, man I just said to Tommy, you know, we're walking in here I says, you know what picture, you know, if you're running money meaning if you have a responsibility for someone's money folks That market is up so dramatically. It's like there's gonna be a lot of movement out here today Because I think when you take the the side of you know, am I gonna take the 15 put 20% that some of these money managers may be up Or I'm gonna risk it. I an interesting mental dynamic that you go through. Yeah, it is, you know It's a big number. There's no doubt about that. Yeah, and you run the case of showing strong hands versus we can't Right. The bottom line is do you believe in this economy going forward with you know a 10-year that is sitting here Where is it now this morning? Probably probably below one eight. Yeah, I think it's like one point seven four That was a quick acceleration Yeah, and that that is something that you got to look at and say do you believe in buying stocks and a healthy US economy with a 10-year of one seven four That's what everyone has to make a decision. Definitely. Yeah, and you know, the bottom line is that there's already a lot of cash out here And it doesn't look to me that you know these notes and bonds they just continue to want higher price So whatever this whole low interest rate structure is it's not over It's it's not over by any means now It's gonna get interesting here Kevin in the commodities market is this dollar dollar yesterday It's the first time that we had some price spread, you know, we'll see what you know It's not a lot of price spread today. It's only buck 43 on the way down But that could get interesting in the commodity market in general, of course, I mean You know, there's micro and macro when it comes to looking at commodities in the US dollar and obviously the US dollar is a big macro effect commodities all over the board so Depending on when I think we're at a micro trade right now But the dollar, you know, there's so many things out there looming on the horizon that can affect the US dollar You know and and You know Trump talking right now to NATO. He's on the air right now or just before I came on with McCron from France You know all of that can move currencies, you know, this is a week with everything going on with NATO and Non-farm payrolls on Thursday. This could be a week where bonds commodities dollar Interest rates they all move bigger than stocks do Yes, you know, because bonds will always move on payrolls day stocks sometimes but not every single time I go to a great week to trade the market to a friend who's a bond trader this one I said the tenure just moved a tenth of a percent in like a few hours. Is that a lot? There was a time Tommy when you used to go to the bond market to escape volatility Now it's as followable as anything With Kevin saying you're talking about the bond market of the 30 year we used to trade off it on the 90s And if the 30 a move like four or five ticks man, that was like a monster, man You'd wait for it to move a tick right Kevin. It was Percentage of a percentage if you're moving big numbers on a 16 percent number We're moving big numbers on a 1.84 percent down to 1.74 in you know, three snaps your fingers No time. Yeah, right. And then of course Kevin, you know, this is one of the biggest movements We had since I guess last July volatility those options players 11 4 4 to 17 and a half and a few days, right? Yeah, it doesn't take much 1% move to get that thing right back to 16 You know 16 on the Vixx and now above it Sell a little 1% for two days in a row one, you know down and this thing's gonna screech towards towards 16 And then slide a little higher like so not really surprising folks right here 45 minutes from now You want to understand option options strategies futures great time to trade folks check it out Kevin You have a great one safe one. We look for the program in 45 minutes. Thanks for having me on guys Kevin stay right there folks If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex Heated by Steve Dahl Taz understands that in today's technological world the use of top-flight software applications and technical analysis Expertise is essential to successful trading in today's market You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted the best way to use the Taz profile scanner to profit This webinar archive is available for all subscribers immediately upon signing up all new subscriptions Also come with a 30-day money-back guarantee so you have nothing to risk Start your subscription by visiting the front page of tfnn.com today And you'll find the Taz profile scanner under the services tab sign up today Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater markets Tiger real estate LLC is a firm that has extensive experience in the Tampa Bay area Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed Decisions across all price levels from the price You should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating Tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the Biggest decisions of your financial future call Tiger real estate LLC today at 727-329-8322 or email us at tiger at tfnn.com That's 727-329-8322 call us today Many of our new listeners have heard about the Tigers Den The Tigers Den is a lively community where professional traders and investors can meet exchange ideas and information in a comfortable moderated atmosphere Hear all of the TFNN shows plus see all the charts as they happen live and have access to archives of all of those charts You can test drive the Tigers Den absolutely free for 30 days and greatly enrich your knowledge of these markets And how to make your money work for you details on the Tigers Den or on the front page of tfnn.com 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 is down 384 you get the Mazdaq off 90 s&p's are off 34. Let's go into the dial and see Well, I'm sure that they're mostly all taking the hits out here today. Caterpillar. I saw was a big one Okay, we'll keep going around but yeah, they're all bread every one of them. They don't see that too often so Nope, we're in something. Are we what's going on here? Interesting it did it backwards, huh? It did. Yeah, let's see. I am do Is it head reds usually on the left? Yeah, I think you hit the percentage number versus the No, yeah, no, like either way So Apple is putting 39 negative points Goldman 38 bowling 30 Home Depot 24 nothing really heavy, right? I mean, this is all screwed up because I don't know when the last time we saw all 30 Dow stocks in the red Yeah No, I'm with you. All right, but yeah Caterpillar down big money Now the reason why Caterpillar and again, this is where you know percentage wise huge move on Caterpillar on a hundred only $139 stock. Yeah, but price wise only down the jump around 346 Right, you know if that was a $300 stock that would be down six seven eight dollars You'd be putting more into it, but everything everything and so yeah, you got Ross coming out saying us No, no, where is it Ross says us can live without the port of Hong Kong. Well, of course they can do That's that's the warships versus they the warships haven't been there for a while anyway Tafts guess what folks, okay, we're gonna have tafts everywhere That's my take on this thing if they put if they come up with these so December 15th is the next time that they raise the tafts Okay That's in China You know, but by the time that Trump comes back from Europe I suspect that France is gonna be taking conniptions Because they're wine and cheese and the risk that now that won't come on until Sometime in 2020 because that's be a public No, I Don't know what we'd you call it, but that's because course That's a public response first before it goes into effect, okay bottom line is that you can expect more Taxes that's what they are. That's right. I was just jumping around some of the stocks. So there's caterpillar down about 2.8% I saw Apple getting hit as well this morning 2.8% almost on the number, right the chip stocks, of course Intel 2.7% we're gonna AMD 2.7% right on the dot and look at the pop that They got as well off the low but still down about 2.7% on that that trade worry. Let's see where some of The oil stocks is oil trade a lower. Yeah, Exxon down about 12.23 TV X right Chevron. Yeah, only eight tenths Big numbers no definitely and if we go pull up all here AKS so check this out folks This is getting taken over. But what do you see the the premium is nothing? So AKS is getting bought as that nine cents, right? Okay, this is getting bought by let's see who is he getting bought by Cleveland Cliffs For 1.1 billion in stock This is how this is what happens here is that the debt structures inside some of these steel companies are so dramatic that It's almost like You'd like to get bought out You know what I mean? So you don't have the debt anymore and it looks like they have some work to do in terms of whether That's gonna be a done deal because that is a 16% premium But the market only pops four cents and you're not even trading at three dollars and the bio price is three thirty six Yeah, so the market saying There's some work to do for that there is so let's let me this CLF because watch this we put CLF This this stock's not in good shape either Put this baby up here Yeah, yep, the the shareholders of Cleveland Cliffs not excited to be buying a case deal $2,821 $2,111 2018 $12 and 80 cents 725 People go back to AKS and put it in a little bit of a longer-term chart. I just want to see how that's rated Yeah, so even since October it's from two bucks up to three bucks. Oh, yeah, this is a tradable stock Yeah, those are 73 dollars in 2008. Yeah, the world changed a lot from 2008 to 2009 $11 in 2016. That's a fair comparison from you know, when we go in there Because yeah, I guess, you know, let's see. I just want to see three thirty six was the price I was trying to see when the last time it even traded at that And you have to go back to the end of 2018. Yeah. Yeah, and we went to the gold contract GC I think we're in G. Yeah You'll see it. That's it's caught the bid they get Your idea for gold quite a day for everything right now You're up 1580 you got 279,000 contracts now that you know that gets you inside one zone the range Rather high range that the big hot that the high range is 1499 Okay, you know, we popped inside here though, which is nice, which is like 1477. Okay Good volume. No doubt about that before we jump away Do you mind if I just see where we are because this is It's gonna pop it up. Yeah, I just think I just want to see where if we draw like these types of lines See if we because we're close man. It's quite a little downtrend, right? Yeah, so it's still got some ways to go another day like today to break that Interesting enough man that goes right to about 1499 1500 that'd be the up Like the yes the channel line time because it's a it's it's a pretty You know symmetrical you take a linear regression line Which is kind of like the highs and the lows you match them up parallel lines. That's a pretty pretty Clear channel. You know, it really is so that'll be interesting if it makes it up to the top end of that channel hasn't been a big pullback from Let me see if I can this will change it, but That's all right. We saw the channel. Yeah, it's not bad That is a very small pullback from the aspect of they are yeah, yeah from The move higher. Yeah, just over point three a two. Yeah, it's very bullish. Yes, you know, so yeah Could be very bullish, right? Silver's on the move. Yeah Anytime stocks down 40% anything you call it very bullish just like could be very bullish That could be no. Yeah. Well, I'm Fibonacci at point three a two as a small retracement of five Oh is a normal retracement of six one eight is bearish That's kind of some down 40% to call it bullish though. That's where I I'm with you. I got it the Look at the apple. Okay, so I guess, you know, this is well actually it's going the NDX This is it always that I've mentioned this a couple weeks ago It's blows my mind the the NDX just how fast they can go down. Oh, I mean look at this Yeah, you know, so I think it's 250 points. We're up about 84 50 right? Yep 84 45 I was looking at this morning 250 points About 3% though right in line with the S&P this time. It really is because you had the S&P at 31 58 We made down to 3069 yeah, but 250 and DX and DX points gone And let's see so you got United's down 2.8% wins off 2.7 Macau's got some problems cadence designed down to Yeah, let's go look at when okay, so when And I guess you you got a factor in right if there's huge problems with China. Oh, yeah, Macau Yeah, I mean we've pulled up some of those charts in terms of the Macau revenue versus the Vegas revenue peanuts in Vegas compared to what these companies pull in That Macau game I know Amazing those big whales over there Yeah, stand right there folks Tommy and I are coming right back our phone numbers eight seven seven nine two seven six six for eight dollars down 412 now stick off 97 S&P's off 30 60 golds up 1670 30 year up two points plus nine ticks. It's not stopping come right back Hi folks, Tom O'Brien here If you'd 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 out my morning letter to subscribers with market commentary on a variety of markets currencies and commodities to keep investors up to date on the day's trading action Included in market insights are specific buy and sell recommendations for stocks ETFs and even options What stops and price targets included for every trade in my newsletter If you'd like to try my newsletter risk-free for 30 days Then head over to the front page of TFNN and you'll find market insights under trading newsletters I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information They need to know for the day ahead I even issue afternoon updates to my subscribers whenever warranted with important market action I'm always scouring the market for the next great trading opportunity Sign up for your 30 day free trial to my daily newsletter market insights today by visiting the front page of tfnn.com Well, go get them folks The path of least resistance is David white's daily trading newsletter And if you're looking for active trading ideas Then now is a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of Lease resistance newsletter using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted Don't miss out on this great chance to get a 30 day free trial to David's daily newsletter The path of lease resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter He delivers every morning Then visit the front page of TFNN and you'll find the path of lease resistance under trading newsletters For all the details and to start your 30 day free trial today log on to tfnn.com now Tfnn 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 guard lease 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 going to 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 Folks, we have the Dow Industries down 4th 14 nasdaq have 100 s and p's off 37 You get apple off 6 20 now You know, it's going to be interesting here is that so we have Christmas coming up And of course that's when that's apple's biggest quarter for sure right basically everyone's right. Yes everyone's and so What is going to happen here folks is that If in fact these taffs go into effect It's actually gonna this part of it is going to hit the consumers more than anything. Okay Um, and what I'm wondering is that will consumers really pick up on that and say, okay, I better buy The apple now versus you know what I mean three months from now Do you know what I'm saying? Yeah, because that's you know, December 15th bottom line hits the taff But what that means folks is that that means stuff coming in After December 15th and everything that we're going to be buying that at christmas is already going to be in You know, but that's going to get intriguing You know, I have to uh, how much uh, people actually educated uh as to you know It's going to hit the consumer right in that parking lot like fast and furious and I will this take me some time But I have found that chart. We'll get it up in the next break man that mcow versus Vegas revenue because it's mind-blowing when we check out that chart. No doubt and so let's go over to the dollar So yesterday what you had folks is that you did have price movement on the dollar today's not not that big It's down 100 ticks. Not in light of what else is going on, right? Yeah, no, no, exactly. So we're at 97 750 I think it's 97 701 I'm looking at yeah 107 97 107 Is the bottom of this consolidation? So I suspect we'll make our way down there The real question is going to be how you know what I mean if you just come down slowly It's no big deal if you come down with force. It's a different ball game The euro that's what moved the dollar down so dramatically yesterday the euro had some nice movement I look at that movement. It's hanging up there as well Interesting. We're coming right into december 15th. We're not going to have to wait long No, we're not because that's a critical date. We'll find out real quick whether uh, you know, like oh look at this The ponds moving. Okay. Yeah, I believe you might have trump and boris meeting today. Yes Boris was trying to play that down And uh trump trying to put it out there. Yeah Yeah, there's going to be if there's there's definitely a few wild cards over there. There's there's no doubt about it Uh, and then the end. Yeah, the end is helping the gold market tremendously. Okay We just went from that 109 73 to 108 64 And that looks like uh lower prices are going to continue coming at us the bond. This is just phenomenal us Let's see. We on h now. I think we are I believe you're correct us h. Oh, there we go Yeah, so we're in march bonds This move here, man. You don't you don't see two full points in the 30 Too often. No, you don't that's look at the size of that move Yeah, like I said, I joked with my friend this morning saying even on the 10 year just move tenth of a percent, man I mean, that's that's what interest rates are based off of you know You're going to get a 3.9 percent interest rate yesterday. Well, you might get a 3.8 today That just doesn't usually happen. No, no, it certainly doesn't the uh And you know if you go overseas we go, you'll you'll see yesterday that you know the dax that came down Well, we came down hard too, but the dax had a big movement. Oh, that's a big one, isn't it? The dax went from 13,338 to 12,954. Yeah, so it's 380 points in index that's at 13,000. That's like 3 percent. Okay. Yeah. Yeah, and look at that Well, the footsie two days in a row. This is Yeah, this is some serious damage and everything's kind of been getting hit. Yeah so This will get intriguing and all the indices folks ETFs all they all had an expansion of volume so that the real kicker is you know We get another expansion of volume today and it's going to say, okay, now you get follow-through on the way down Then of course, uh, people have a lot of choices to make here How about some of the retail stocks if we could because of course, uh cyber monow a target And now it's going to be a dichotomy of things hitting it. Of course, you had huge numbers for the retail Look at that. It's not down. Look at that remarkable. It's not down. Yep. Now that's impressive That is very impressive on a day where stocks are just getting crushed Yeah, I believe I heard the number for cyber monday was nine plus billion dollars. Um, not online Just staggering numbers. So what we're looking at folks, you know, targets up 44 cents at 124 dollars and 42 cents I mean, I mean this stock was just trading back two earnings ago at 85 dollars And if you just back it up to where we were on november 19th 109 yeah, we're trading at 124. Let's see what amazon's doing now amazon has a high volume low So I suspect we're going to be going after it. Uh, they're down 25 bucks. Yeah Uh, it's kind of hanging around in this range from about 1700 to 1850. Um, how about walmart? Well, you're not a monster Yeah, walmart a lot more exposure. I think then then Target might have um, so down a bit but still not too dramatic in light of what's going on Yeah, and then bby is that best buy that's best buy. Let's see how they're doing They've been a had a great earnings last uh, was that last week? I think That's a pretty dramatic downfall down more than 2% Yeah, yeah, I mean Still up a look at I mean that day remember it started up like six seven percent finish the day of like 12 13 14 percent Went from 77 to 83. Yeah, and uh, we're right back to 77 But still the day before that you traded from 72 to 74 Bell brands I gotta pull it up. Yeah, I think it's lb. There is lb. Okay, so let's see what's happening here I was in some baths and body works. Yeah, I made a pass that victoria secret storing saw the lines man Um, well, I guess what yesterday not kind to them And uh today as well Yes, the real question is going to be is that Okay, so the low there was 1580 1582 I hear this is kind of cool folks You know the real question is going to be is this making a low or not? But I want to show you something see the low swing point here is 1582, right? Okay, and that low September 6th, okay at 24 million shares when I see these bars here We have we get a bar on the 22nd What's 78 million shares, right? But you see the low is 1580 That was 1582 It just got there. But yet, you know, is it pushing the low with all I am odd Is it stop pushing the high and you don't know yet? But that's something to keep your eye on because what does happen is that okay? Is that someone that's saying, okay a big fund man? I'm gonna start accumulating this particular price Okay, and if that's the case what will end up happening Is that you'll see an additional sign of strength whether it's a month two months, you know coming into the marketplace I just wanted to see that, you know most that are to put it on a daily right because as a weekly Yes, that volume took place on that huge bar where and I think it was earnings Um, yeah, it probably was, you know, which which is cool. Yeah, yeah, you know because That would be you know, you bang back into that with light volume And then what I don't like to see I like to see a second sign of strength to say, okay It really does want to go how about Coles as well kss kss I visited Coles on black friday. It's a glutton for punishment. Yeah sitting in some of the lines, but uh I I said to you right we came back in here on Yesterday, and then we were just chatting even one of the breaks and I said it was remarkable that within Coles They had to have an employee that stood with a sign At the end of the line because it was so big and it's remarkable that they've been struggling a lot Okay, that that in this retail environment you can be a company that is struggling And you have so many people in your store that you have to pay an employee To stand with a sign at the end of the line where people are lining up to give you money That's a tough environment when that's what you have going on and Investors are saying that you're in big trouble and they're gonna be around they that's you know, but it's tough Guess what that's very affordable stuff. Where's their margins? Where's their profits? That's the other side of that stay with your folks. 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Uh, that was our 404 analysis now 94 s&p's are off 33 And uh, we have this chart. This is a pretty cool chart folks Seeing the amount of revenue that is in macau versus las vegas man. Oh man, right? So we pulled this chart We were talking about it, uh In september so this chart i believe going even just through july so this changes But you can see that peak that it made 2013 2014 And then you had china kind of in the top one's macau, right? Yeah, yes The white one is macau revenue. Yeah, the blue line is navada and they call it Row games of fortune gross revenue games of fortune, right? And uh, And this is how much the the casinos are making gross revenue. It's 10 times Yeah, it's 10 times right now and it made it almost up to 20 times and the real thing there is that there's no growth At all and that's where you see, you know that that's why vegas now nobody gets free rooms for anything Because vegas has turned into a tourist destination and entertainment for families for shows for parks for restaurants It's just remarkable though to see this the size of the difference because even Being somebody that's been to gave vegas many times I would not have believed that macau could be that much of a staggering difference But man, they love to gamble macau and the whales really love to gamble and that's where you can make or break Your whole quarter when you have a whale coming in there that might drop 50 100 million because look at what this number now this is in millions. So you're talking about 328 million for navada You're talking about three billion from macau One whale in macau could be a make or break the whole You know the whole time for for navada where you have you know billionaires over there that might lose 50 million dollars Make 50 they might get a hot shoe man and make a hundred million bucks Uh, just remarkable to see that chart. I pulled that down off bloomberg when I saw it and we'll keep it We'll keep it in our arsenal to break that open every time winds got some problems My god, seriously, let's go look at lvs too because they get a big presence in macau also. Yeah You get las vegas sands. That's at 61 69 That's that's not a bad-looking chart. You know it's going sideways. No, so they're still they're still doing all right Can we look at mgm because that's not quite the same deal, but of course they got a casino going up in the northeast now and yeah um Doing well, but man everything I I read about is that they're making a lot of money But they're not making nearly as much as they said they were going to make okay when they applied for the Um license and all this stuff and when they took out the loans That they needed to get it done to build You know, that's right because now what they're doing is they'll lease backs and all that. Yeah, right, right? So They're looking to take in 12.9 billion 13.2 next year. Um Yeah I wonder how this so the strip 5.7. Yeah regional. I wonder what where that plays into things if that would be something That's going to be probably one of Massachusetts. Yeah, they they have different probably and maybe they have some in Different areas of the country, right? Uh 2.9 china 2.4 and then management and other about 661 And then wi and and we got to look at this one so you got win They break down Look at yeah all macao This is pretty impressive folks. So they're growing by 27 over a three-year period of macao too. Yeah Look at the difference. So 5.1 billion macao revenue 1.7. Love vagus. Yeah, and they got a few places in vagus It's not like they have one place, right? Yeah. Yeah Now what did happen? We saw the peak in that chart was about 2013 2014 You had a slowdown really big to about 2016. Yeah, so then they've had that grow from 2016 to 2019 again But I bet that that they had quite a pullback from 2014 to 2016 when china started putting, you know, um prohibitions on outflows and all that type of stuff that Um, the big whales over there had to curtail Their disposable income at their hands. Yeah Oh my god, seriously pretty intense. Yeah, let's go take a look at the xAU the hui both of these You know, we had some good volume in them last week. Um, you know, you get them up right now 142 So this one That's a quick pullback from the highs though, right down more than a buck already today from the high Let's look at that Yeah, no too dramatic. I guess but but it's something's hitting it. Yeah So it's still up folks, but it's down from the high Yeah, uh where the gold bugs index is not as bad. Yeah. Yeah. So the gold bugs index right now. That's up 660 trading 222 and Now this is this is where it's going to be really. Wow because you know The the run let me pull us back more so you can see this so the run that we had and May was pretty extraordinary. I would agree from 147 All the way up to 237 You know now we've been down, you know since august, right? Yeah, and But it's surprising to me how stealth this is meaning that we're you know, we're right next to the highs now You know, which is really like and to put a little difference, right? We put the we put the trend line on gold Yeah, and it hadn't come up to that point. This is good. It broke it But you put it here and even no matter where you try and find it that's a break, right? That's a beautiful thing if you even draw it just from kind of like this trend line where they match up pretty well those three tops Yeah, I mean you slam through it as well. Yeah, you got to break the conviction Yeah, that means we're going to the highs and and it wasn't a clear downtrend channel where the the price of gold The lows correlated as well. Whereas this one. Yes, it's kind of just uh straight line across type um, yeah So that's you know, so you get the equities leading the contract folks, which which, you know Is not a bad thing that that's what this comes down to Um, you know, we've been looking at royal and frank on avada and both of these need some help man You know same thing today for tonight since I'm all over. Let's see where because they're all like really close to this upper trend line of what might be Whoops, what do we just do? That's really interesting. Yeah, that's really close. That's a break That's a break that hasn't held yet. Yeah, right there. Let's look at frank and avada. This is good news Frank on avada. We're at a critical level. That's for sure, right? Oh, the much different story there This is right next to its highs. I mean, that's almost a vice versa. Yeah, that you're bumping up to a high level Top definitely much different and that's that this is the leader frank on avada is the leader man Uh, so this this will get interesting watching now. This is going to shake out Because boy, oh boy, this one's just a straight rocket ship. Yeah, there you go. That's all you got to see on that one This is crazy. Every time I look at these, you know 26 employees Oh, well, this is an all-time high today for the year for the year So 26 employees 18.8 billion dollar company And 850 million. Can we go back some of the casino companies go to wind? Okay Because I noticed so they read about and the wind might have been the 12.2 12.4. Yeah and 26,000. So that's awesome because it was 26 26,000 employees. So they got a wow for every one employee over at uh, what we're just looking at frank on about Yeah, you got a thousand over at wind and uh winds were a 12,000 12,000 12,000 million is what it is 12 billion dollars and uh Frequent about an 18 billion dollar company. That is wild, huh 26 people. That's not bad man You fit them all in like a 1500 square foot uh office and just count your billions. Yeah I like that business plan And they don't have any of the cost everything is off the top. Yeah, right. No, that's that's why they can do it with 26 people Right. Unreal. Stay right there folks. Tommy and I are coming right back We have the dial down 452 more pressure in the dial. Oh boy. Nazik down 111. S&Ps are off 38. 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 steep roads author of mastering 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 transform me 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 If you're a trader in the market looking for exposure to gold or gold mining equities Then now is a perfect time to sign up for tom o'brien's gold report The summer is over gold is trading back above $1,500 and the 10-year treasury is hovering at around 1.5 percent Tom o'brien has been writing his weekly gold report for almost 18 years There's no one that knows more about how the gold market trades and how gold mining equities react New subscribers get a 30 day money back guarantee So you have nothing to lose every monday morning tom publishes his weekly gold report with coverage of gold silver bonds the xa u hui gdx the dollar as well as more than 30 different mining equities as of september 3rd Gold report subscribers have five active open positions with an average unrealized profit of almost 38 percent for each position to see for yourself the types of profitable trades that are recommended within the gold report Sign up today by visiting tfnn.com Since 1984 basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion While originally hand drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply Later basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns As well as market trend calls thus was born the Chapman wave sequence Using the Chapman wave methodology along with other indicators basil Chapman advises his subscribers of his expert market opinion Each market day with his opening call newsletter right now You can get a two week free trial to the opening call basil's daily trading newsletter by visiting the front page of tfnn.com Cancel at any time during that trial and pay absolutely nothing Get your two week free trial to basil's newsletter the opening call 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 Check out 107 recipes are off 36 you get more pressure on the way down And folks as you come over to our website at tfnn Tom has put together a nice market Morning recap as well as an afternoon recap. Yeah morning market report. We got some market recaps out there as well So check out the front page of tfnn this morning, of course the driving story Trump talking about maybe it might be best to wait until after the 2020 election I don't remember in 2016 Trump saying that guess what trade deals will be done when I get my second term No, it's just easy easy easy once you elect me for another four years Yeah, uh, so the market reacting to that But you can click on this link brings you over to the report and I just had in here Of course the market driving the action in terms of what's going on You have the chart of the s&p early this morning and that was when we're at 3093. What are we at right now? 3076 the pain continues man. I think that was right at about almost 845 9 a.m. As this was getting published There's your nasdaq futures 82 33. What are we sitting at that nasdaq 100? We're 81 94 now And uh Stock's moving yet apple up there just kind of posting the pre-market action what you can have on your radar caterpillar intel you had down dramatically amd Walmart just huge moves man target even I mean we saw it had quite a rebound Look like target was going to open lower not so much even microsoft down as well And uh, the story we haven't touched on to be interesting elon He's going to court today for his pedo guy rant on twitter and he is the pedo guy that had to do with the tie Soccer team when he went after this cave diver for no reason and then doubled down continually Like elon likes to do when he's being a little bit of a maniac So he is in court today as a witness and then you have the 9 a.m. Update up there check it out that I did Um easy access along with the link to tiger tv So check that out and that'll be a regular thing on the front page of tf and there we go Stay right there folks. I think it's what i'm coming up next bowser shop and steve rhodes day right And look at that 10 year 1.70 1.70 percent on that 10 year. Thanks pal. Thanks man