 The morning markets kickoff with your host Tommy O'Brien. Good morning everybody. I'm Tommy O'Brien coming to you live from TFN and Tuesday morning 9 0 6 a.m. We got about 24 minutes to go until the starter trading and we have all the markets starting off in the red this morning. We got a retail sales number out at 8 30. A little bit of weakness on the retail sales number but the markets pretty much taken in stride. We were already in negative territory coming into the open. We'll take a look at the S&P's quite the day yesterday. Your surge higher to 44 76. You're talking about 45 100 and play in the futures on the S&P but overnight you basically pull back right from the close of yesterday from 44 76. We make a low pre-market at about 3 a.m. of about 44 47 and zooming in on the action at 8 30. There's your volatility but you're only talking about five or six points to the upside then back down to the downside. We're pretty much where we were prior to the retail sales number. We'll get into that in a moment. Why not jump over the headline number was a 1.1% decrease in July led by auto dealers and e-commerce. So that's the headline number a little bit of a miss on the core number as well. We'll get into that. There's your tech stocks. Quite the resurgence yesterday. Talk about buying the dip. You end the day positive after trading from 15 10000 down almost 200 points in the Nasdaq 100. You make a load about 10 30 in the morning. You surge higher last night though right after 4 p.m. You trade a bit lower with down about two thirds of a percent. Now zooming in on the Nasdaq 100. You can see 8 30. There's your bar. We do have some volatility but all things considered not much action really taking that retail sales number in stride. Dow a little bit of different action quite the surge higher in the Dow yesterday. You trade from 35000 150 up a solid 400 points almost by the end of the day 35000 548. But since then we've given back 200 points. Now the Dow did catch a bit on that retail sales number. We get some earnings out this morning as well. We got Walmart. We got Home Depot. That's contributing to some of the action. We'll jump over to those shortly. And there's your Russell. A little bit of different action in the Russell. The Russell trades over yesterday. We get it back by the middle of the day. But you're talking about 40 points give or take that we were from where you were at two o'clock yesterday at 22 10 even above that really 22 12. You trade down to 21 69 70. You actually catch a little bit of a bid as well in that retail sales number for the Russell jumping around to commodities. We got crude negative thirty four cents. Check out the action in crude yesterday. You're talking about $2 down $2 up. Pretty muted action on crude so far this morning. Gold continuing to climb. Let's back things up for 10 days to get the full picture on gold. You go from 1835 basically a couple weeks ago. You dive down a previous Sunday night to 1677. And then you're talking about upward territory. We're pushing almost 1800 this morning. You got to a price tag of 17 97 60. Right now you got gold up $2 at 1791. Bitcoin up $735 $46 830. And we jump to silver basically flat. Now check out silver right silver. Not quite regaining most of the loss as in gold gold to recap again. You go from 1835 to 1677. We've almost gotten it all back. Silver not quite the case. Silver you're talking about you're still $2 and about 30 cents off of the highs we had a couple weeks ago at 2609 and notes and bonds. That's where we got a little bit of movement on the retail sales number. You're talking about lower price and higher yield. Now the 10 year right now is basically flat. Excuse me. We're talking about a yield right now of 1.25%. You put this thing on a 10 day back it out. There we go. Quite the drop and quite the reversal that we've had you go from 135 14 down to a low about a week ago last Wednesday 13309. That was correlated to a yield. I think of 1.38 1.35. You were talking about pushing 1.4 just like that. We're back to one and a quarter percent on the 10 year and we jump over to the volatility index. We finally got some negative action in this market but we had it yesterday as well. And you saw what happened to the VIX. Did we get a 15 handle? Not quite. We got to a low of 1602 before things got elevated again but we're not even back to where we were at the beginning of trading yesterday. OK. Let's jump into that retail sales number. There we go. Drop in retail sales indicate shift to service spending. That's how Bloomberg puts it. Let's get into the numbers. You got a 1.1 percent pullback in July. Not surprising that it's led by auto dealers e-commerce though throwing in there receipts at restaurants bars increase but at a slower pace. Now when you look at it I mean a declining number was expected. OK. But retail sales fell in July showing consumers are shifting expenses. Something to consider here is that all of the talk of the Delta variant and cases persisting really take and hold over the last two or three weeks I would say people coming to the realization that we are deep in another spike. Can't deny it if you're living in Florida the numbers but across the country just coming kind of to that realization point being these numbers for July. OK. If these numbers for July are tough potentially you could see some tough numbers for August as we come into school openings and Delta variant in cases and hospitalizations unfortunately and deaths surging that could be an ominous sign for some of those numbers coming up when you see the mist that they had. Now I'm going to jump over to the CNBC article that they have excluding automobiles sales decline point four percent according to the Commerce Department. Consumers make up 70 percent of all U.S. activity they talk about in here through July. Though July saw a month over month decline the 617.7 billion in sales still represents a 15.8 percent acceleration from the same time a year ago. Don't be confused by those numbers folks it does not matter what is happening right now compared to a year ago because a year ago we live in a world that hopefully we're not living in again even though cases are persisting and unfortunately people are not taking the vaccine when they're given the option which is why we're now dealing with hospitalizations they're spiking which is a real worry that leads to death even if it doesn't OK we're getting to the point in hospitalizations and unfortunately people being turned away starting to hear some really tough stories in Florida in terms of people needing surgeries that are deemed elective but folks elective surgeries are not like a cosmetic surgery elective surgeries can be many many surgeries that basically would be something that you would consider a requirement people dealing with whether it's breast cancer needing treatment for that surgery is for that that's the ones that have heard friends of friends very unfortunate that hospitalizations have to stop all of those because they just don't have the space so comparing it to a year ago not really that important most of the monthly decline here we go came from motor vehicles and parts dealers which fell 3.9 percent auto sector of course been a major contributor clothing saw 2.6 percent decline not what you wanted to see coming back to school something to think about in terms of clothing we're coming up towards the end of the stimulus right people got stimulus maybe they spent it maybe that's why we had the surges early maybe that money's kind of spent and maybe just people kind of shop for what they need maybe back to schools not quite the season it might be we're coming into August but I tell you in Florida this is a second week the kids have been back already I know we start a lot sooner than most of the rest of the country in the northeast I think you start right beginning of September but nonetheless you have sporting goods musical instruments and bookstores fell 1.9 percent online sales posted a 3.1 percent drop so the market takes those numbers they take it in stride it's a week number though and it's a week number for the month of July when things were much more promising I would say than they are August 17th Hillsborough school district folks Tampa Bay okay they got an emergency meeting for their school board tomorrow Wednesday because they have something like 5600 kids already in quarantine and 350 teachers in quarantine and they're trying to figure out how to operate in this environment kids got to get back to school but I think the only way to do it folks is safely that's why this conversation gets so heated because everybody wants kids back in school and with cases persisting especially the way they are in Florida right now Hillsborough they're bananas I'm not in Hillsborough right now I have a couple homes one is there but that's a tough number when you got almost 6000 kids four days into the school you're practically being quarantined tough numbers we'll see how they shake out stay tuned folks we come back take a look at Walmart Home Depot we'll get ready for the open golden ratios give shape to everything in our world represented in the Fibonacci sequence these special numbers to find the patterns that make up our universe not even markets can escape the omnipotence of these ratios Larry Pezzavento is a 45 year market veteran who has published nearly a dozen books on the powerful patterns we find in nature and their relationships with the ever elusive markets Larry's newsletter Fibonacci 24 7 will teach you to harness the power of these natural golden ratios in order to create successful trades Fibonacci 24 7 is designed to teach the tools you need to identify and act on these undeniable and reoccurring patterns sign up for Larry's newsletter Fibonacci 24 7 and you will also receive free access to his trading webinar trading strong trending markets try out Larry's newsletter risk free all of 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Welcome back folks we have the markets in negative territory S&P's down about 26 points right now you get the Dow down about two thirty one trading thirty five thousand three oh three taking a look at a couple of the companies out with their numbers this morning you got Walmart out with their numbers pretty tame reaction so far you got a deceleration in their online sales growth which is interesting when we're going to take a look at the retail sales number you saw a decline of greater than three percent online transactions maybe hinting to some of that little bit of a slowdown but Walmart they crushed it for same store sales forecast they guided up as well Walmart's been in quite a rocket ship recently you put this thing on a daily we do have Walmart in my newsletter rocket equities and options you just trade from one thirty five to one fifty so a lot of optimism priced into that equity when you're within about twenty five cents of where we closed out yesterday from Walmart shares after trading down to one forty nine we're going to open basically right where we closed out yesterday jumping over to Home Depot out with their numbers as well when we get target and lows later this week as well you got Home Depot though trading lower there's your action on their earnings you spike from three thirty four down to three eighteen we're sitting at three twenty two right now again back to the daily this thing has been on quite a run as well lofty expectations you're coming in almost right to all time highs there's your action on Home Depot three forty five sixty nine we're about ten bucks from that level last night but you're down about four percent about twelve dollars they're trading lower Home Depot shares and seeing where we're at so you're trading at three twenty three right now you take this whole run it had since March up to the all time highs we had since three forty five the three eighty two about a three hundred and eight dollar price tag we almost rate it right back to that fifty percent retracement back in June that number for Home Depot two ninety six not out of the question when you're down twelve dollars right now to three twenty two that you're only talking about twenty five twenty six dollars from where we're trading at right now now jumping around to get their numbers will start off with Walmart all right let's get into the numbers here we go there we go dollar seventy eight this dollar fifty seven quite a beat on revenue when you're talking about basically almost four billion dollars and ninety days of extra revenue hundred forty one billion versus a hundred and thirty seven point one seven second quarters each fiscal year showing on the darker side one of five percent same store sales growth they did decelerate though when you're talking about the e-commerce sales there's the chart there a little bit of a deceleration had the market a little worried probably by Walmart why Walmart is trading about flat right now on the open all right folks let's jump over to our man Kevin Hicks every trading day eleven a.m. Eastern Time live on Tiger TV TD TD Ameritrade Network fast market with Kevin Hicks Alex coffee and the team breaking down the market action walking you through hypothetical trades we got a nice week of retail earnings coming up we got retail sales today Kevin Hicks good morning good morning Tommy how we doing you know a number coming out right now Tommy industrial production a nice little beat here we've got industrial production month over month they were looking for up point four came at up point nine manufacturing looking for up point five came in up one point four and compassion capacity utilization rate seventy six point one so a beat across the board and we're looking for up point five industrial production so that's pretty good numbers you know retail sales were a miss Tommy but you're seeing a little softening in in the down movement futures mainly because this number was made up of motor vehicle sales down three point nine percent another and expected weakness in in the autos so that number kind of being the myth that we saw Tommy yeah it is interesting quite a miss when you just look at the headline number maybe a decrease of one point one percent versus was it point three or point four Kevin I believe something like that looking for a decrease but the market was already in negative territory so yeah we're down twenty six points right now but coming into that number I mean you're talking about quite a tight little decent numbers they beat on revenue they have a little bit of a miss in terms of their online sales growth baby given the investors a little bit of a pause Home Depot all things considered pretty decent numbers but the market has some lofty expectations for some of these companies right now interesting when you look at Kevin the retail sales numbers they come out with Walmart the declining number of online sales do you take anything away from them dramatically these public companies you know a deceleration of growth just means they're still growing just not at the rate that maybe they were but Walmart a little bit of a miss their retail sales also a little bit of a miss on the online sales you looking at that at all this morning yeah here's the problem no absolute am I looking at I look at everything the top from last year remember last year at this time e-commerce sales at Walmart they're close to that is probably still a good strong number so people frustrated about that should probably you know temper their their disappointment because the comparable is to a year ago and so the year ago was so strong in the middle of the pandemic with e-commerce so Walmart's only down you know fifty sixty cents so that's actually a pretty strong move for them Tommy it is remarkable man I mean we're business owners TFNN of course and if you ever were just growing at those types of I mean they're still growing right it's just they're not growing at the rate you want I mean they're just growing dramatically in e-commerce they beat by revenue by four billion dollars now we have Walmart my newsletter I'm a little bit biased here Kevin but we have it for a reason they beat by four billion dollars on revenue in ninety days man so not not not that bad for ninety days to beat on that revenue so we got the retail sales Kevin we got some retail numbers we still got some retail what are you guys going to be talking about coming up in an hour and a half at eleven o'clock today on fast market well today it'll be a good one because we get Target, Lowe's and TJX today so it's still all retail kind of spreading it out a little bit of apparel a little bit of home improvements and a little bit of big box today and I love how it's always you know Walmart and Target right Home Depot and Lowe's so comparable yet definitely their own entities and how they're serving their customer and how their customer bases might differ a little bit and you got both of those stocks obviously reacting to their competitors we got Lowe's this morning from one ninety three you're down a bit to one eighty seven and jumping around the Target Target right now down about two dollars but the market is weak as well so of course you can have a little negative action Target man this stock I can't wait to see how you guys cover it from you're talking about under a hundred dollars last year folks you're at two sixty three I had a channel line on this thing Kevin it is above that channel line now at two sixty three you got an all-time high at two sixty seven made just last week well Kevin we look forward to the conversation man we look forward to the show as always we'll be watching at eleven o'clock today thanks for having me on Tommy have a great day my pleasure you too Kevin folks tune in outstanding program I know I talk about every day I talked to Kevin Hanks Tuesday Wednesdays and Thursdays I try and schedule my day to watch that program I try and watch them all but the way they break down options especially during our earnings season I would check it out if you get the chance excuse me okay jumping around what else we got going on let's jump through I was going to do we did Walmart numbers so there is what we talked about there e-commerce sales growth waning a bit same store sales for Sam's Club increasing seven point seven percent more than the three point seven markets we're looking for big numbers there highest quarterly revenue ever for a three-month period outside of a holiday season on Walmart revenue rising by two point four percent to one hundred and forty one billion dollars as we mentioned the number that they were looking for was one hundred and thirty seven point one seven there but the e-commerce sales that's really the only negative on there and as Kevin was saying there's a ninety seven percent growth from a year ago as you're comping against that number tough to replicate something like that on an ongoing basis and we'll see how they open though we got Walmart and we will break down Home Depot numbers as well because Walmart basically about flat right now stay tuned folks we're gonna come back in about three minutes we'll come back for the market open I'll be right back fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com the Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with the sharpest minds in the trading world subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other Tigers and Tiger's as they share trading ideas news analysis and discuss the market action all trading day subscribe to the Tiger's Den 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visiting tfnn.com this segment is brought to you by thinkorswim for more information just click the thinkorswim banner on the front page of tfnn.com welcome back folks we got markets open and we're pulling back a bit right now you got the SMPs zoom back out we were trading at 44 43 right now where's my print on that let me put that 15 minute for some reason there we go there's the bar I couldn't quite see it 44 43 little bit of negative action on the open right now you get the Dow down almost 300 points there's your action on the Dow 35,243 right now Russell down 25 points not quite below where we were at pre-market though and you get the Nasdaq 100 not sure what's going on my charts right now is that right bar not quite showing up until I zoom in 14,990 you get tech stocks Nasdaq 100 dropping we're negative by about a percent right now bitcoin positive by 400 one of the few things I have green on my chart gold barely hanging out to gains by about 70 cents to 1790 this morning we jump to notes and bonds talk about a little bit of a pullback right now 13408 you're negative by about two ticks in the 10 year we take a look at the VIXIS this market trades lower on the open 1756 right now okay jumping around to what else we were talking about here so we talked about Walmart let's get into Home Depot now Home Depot shares tumbled despite earnings beat retailer rang up fewer customers as do-it-yourself trends weakened Home Depot same-store sales slightly short of estimates now Walmart crushed it on same-store sales home improvement chain reported a 5.8 percent drop in customer transactions from a year earlier average ticket though 11.3% larger interesting how that diverges right less people in the door but of those people they're all spending a little bit more money and 11.3% it's not just a little when you look at an average ticket is 11.3% larger how about no outlook for the full year folks I understand why things are in flux but we are at a point that these executives are being paid riches in the tune of as we all know sometimes hundreds of millions of dollars to manage these public companies and they don't want to give you an outlook they should be paying a penalty for that okay during the beginning of covid I I remember talking about that any executive that was not pulling their guidance was just not maximizing their benefit right then you were paying no price by pulling your guidance because everybody understood that guidance is out the window right now nobody really understood where it was going last year there are enough bright people folks to at least be able to model where we're going to be now you're making guesses like you always are and those guesses are a little bit more volatile and a little less uninformed there's just variables that you can't quite quantify in the way we're used to but nonetheless there's a lot of bright people when you're getting paid tens if not hundreds of millions of dollars they should be providing an outlook every company should be providing an outlook that I'd be owning right now what do you think about it getting into the numbers they beat by about nine cents four fifty three versus four forty four revenue beats as well but barely you're talking about three hundred million pretty remarkable and three hundred million over ninety days is barely a beat but it is for the three months net income four point eight one billion from four point three three a year earlier market was looking for four forty four revenue climbed eight point one percent from a year earlier and again year earlier for a company like Home Depot they weren't paying the price as much people really taking advantage of that time to improve their homes total same-store sales four point five percent for Home Depot short of the more than five percent growth anticipated five point eight percent dropping customer transactions as I said earlier eleven point three percent larger sales per retail square foot grew five point three percent year over year six hundred and sixty three dollars and five pennies home improvement was a big covid winner and Home Depot perform massively through the crisis this is an Oppenheimer senior analyst talking about but I've got to believe that as the economy opens up as people start to move around again there's going to be less of a focus on spending on the home and that's why we're seeing these numbers now so you have Home Depot let's see how we're trading on the open whoops HD yeah pretty much where we were pre-market you're down about three point five percent for Home Depot shares we jump over to Walmart shares Walmart basically off slightly you're down about four tenths percent for Walmart on their numbers alright and yeah they're talking about Sam's Club in the YouTube Tigers then out there I agree my house old has a Sam's Club membership stock up on the essentials every two weeks it's a way to do it folks if you can you know the simple stuff right paper towels water toilet paper non perishables it's a great deal but they have a little bit of improvement to go and that's why you saw Walmart paying the price as I talked about on my show I think yesterday the process they have even a company like Walmart the size they are and through Sam's there's been many times that the process and the delivery and the service and the ability to go into an order maybe how it shows up I'll tell you a quick story okay Sam's Club we're talking about three four five months ago at this point placing orders I order paper plates alright a big you know what's it probably a hundred pack of those China kind of the nicer paper disposable plates right cardboard plates almost they show up the first time in a box as is the case right all of the items show up in a box they're shipped to you and I could tell the package was just dirty didn't make sense was dirty and I'm talking about plates you're going to eat off right so I call them I say yeah you know the plates are dirty I don't know what happened they say okay we can refund them or send it back out I say send it back out send a new one that works about four or five days later kids you're not alright now there were a couple items that were there that I had to get recent the plates show up literally in a plastic bag that they're in so no box whatsoever placed on my front door it's just like an item from the supermarket that they literally just took and put on my front door and it was dirty as could be and there was a hole in the bag that stuff just does not happen at Amazon I remember my mind was blown how does that happen so number one you have this product that makes it out of the warehouse my guess was is that somehow that fell out of the box that they delivered to my house the driver went back through they saw the item they said whose item could this be they went through the possible deliveries they realized it was probably my item they came back to the house and they dropped it off on the front door a horrible failure in terms of process on many aspects the bag it looked like it was bouncing around the truck the whole time it was dark it was black it was kicked it was holes in it these are paper plates and the delivery driver just literally drops it off at my front door and rings the bell they have a long way to go on some of those where that is just that would never happen on Amazon and somehow they've had a lot of problems now Sam's is great but they have a lot of work to do so you know we own Walmart and my newsletter but my spikes are up on my back folks because they are not competing where they need to be with Amazon yet when it comes to online deliveries we actually ordered a Walmart pickup in my household just this past weekend it was not a great experience we thought it was going to be free we got to the end of it it was $35 plus the order I don't think we're Walmart plus nonetheless it was an $8 delivery fee you have to tip the driver $5 which is fine we're talking about $8 plus $5 that's $13 added on you have to select a window it's not same-day delivery so they have a long way to go they do but what market's liking it though we're slipping into the positive right now Walmart up about 310% let's jump over to Home Depot and kind of the trend staying as in Walmart was pre-market in the negative they're continuing in the red down 4.4% for Home Depot and we have Walmart in the positive now Target shares down 1.76% probably having to do with the likes of Walmart seeing their e-commerce sales declining I'm guessing you jump over to Lowe's they're paying the price probably because that transactions right you're talking about much less transactions for a company like Home Depot that's likely to contribute to the Lowe's numbers that we'll see coming up as well let's jump over to these two stocks so we got markets open we're talking about they're out with their numbers tomorrow believe it's pre-market you're talking about $8 move right now priced into the stock for Lowe's coming out with their numbers we jump over to Target shares Target you're talking about an $11 and 64 cent move $257 stock and TJ Maxx we get as well talking about $2.58 move TJ Maxx right now you're trading down 1.4% the retail trend as well stay tuned folks we'll be coming back right after the break we got a lot to talk about we'll be right back we're talking about the price of 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 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 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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 and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Folks, we got the S&P negative by 25 points. We'll see where the day goes. Yesterday, we had negative action as well and the markets resurged higher by the close at 4 p.m. We'll see this morning. A little bit of weakness on the retail sales number from the month of July. Not a great sign, too, when you think about Delta variant really taking hold late July to early August, at least where most of the country became aware that another wave may be coming that could impact actual behavior. It's impacting us in Florida, folks. I'll tell you, in a big way. You're talking about back-to-school shopping. We got a lot to worry about in Florida, let alone back-to-school shopping. Now, you get into what we have going on here. I'm going to walk you through real quick, okay? You got Hillsborough County, number one, Tampa. I believe that's the seventh largest school district potentially in the country. Four days in, basically, of where we are. We started Tuesday or Wednesday, I believe, last week. I think it was Tuesday. As of 7 a.m., you're talking about this is yesterday morning, I believe. No, yes, 7 a.m. Monday. 5,600 students and 316 employees in Hillsborough County Public Schools currently in isolation or quarantine. That's for either you could test positive or those who have had close contact. They have a special meeting going on tomorrow night just to figure out how they keep schools open as you have thousands and thousands of cases. Now, I'm in Polk County. We have one of our kids starting pre-K this year, four years old. They go to an elementary school. You already got calls going home that they got COVID cases in there. Now, here's where I'm going to go with this, all right? DeSantis, very divisive figure. We'll put it in terms of politics in Florida. Now, he is out here, folks, talking about Regeneron, okay? I'm going to pull up DeSantis' Twitter feed, okay? Because it's important to understand the context of what's going on here, okay? All of this new talk on his Twitter feed is talking about monoclonal antibody treatment setting up sites for this. I really wish he would be stressing vaccinations, folks, because that's how you're going to keep people out of hospitalizations, which is the most important part here, okay? Yes, there are breakthrough cases that do happen when you're vaccinated, but a vast majority of the people clogging up the hospitals right now, okay? Which is resulting in elective surgeries not being able to be done are unvaccinated people. We all know how DeSantis feels about that, okay? He's spending his time plotting with his legal team how to resist vaccine mandates by private companies doing business in Florida at the same time he's out there touting the monoclonal antibody treatment, okay? Now, where is this treatment from? This treatment is from a company called Regeneron, okay? You pull up Regeneron and they have had quite a run. They're having quite a run today at up another 2%. You take a look at the daily since about March, okay? When it looked like we might get over this thing, if people took their vaccines, Regeneron was at 441. Well, since then, you've risen up to 640, okay? Who is one of the largest owners of Regeneron? One of the largest owners of Regeneron is Kenneth Griffin of Citadel. And who is DeSantis's largest contributor? Ken Griffin, okay? Who gave $5 million to DeSantis's pack in April. Where were we in April? We were trading about $480, okay? So he loves the idea, Ken Griffin, that you don't have to talk about vaccines. Just use Regeneron's monoclonal antibody treatment to treat everybody that gets it. It's a shame, folks. It's just horrible to see that $5 million it's given. And you scroll to DeSantis's feed, folks. It is all about these things, talking about it, all right? Yeah, you have a little bit of storm in there as well, okay? All of these tweets, nothing about vaccines. It's embarrassing the way it's getting handled, all right? We got my kids at risk, with everybody's kids at risk, all right? And schools ain't going to be able to stay open if you've got mandates with no masks at a time you get thousands of kids. And the conflict of interest to have the largest contributor to DeSantis, a huge owner of Regeneron, a huge owner of that pushing this, it's a bummer, folks, all right? His whole feed here is talking about monoclonal antibodies, setting it up. We need to get vaccinated. That's how you get over this thing, okay? And it's a real bummer that he's taken $5 million from Ken Griffin and touting this thing all over the state now like this is going to be the cure and the end all. It's not the case, folks. Wake up and pay attention. It's embarrassing. There's the work. There's the math. Follow the money as usual. You follow the money. It goes right back to the biggest contributor to DeSantis, who is the second largest owner of Regeneron, and that stock just went from $480 to $640 as you have the governor of Florida around the state touting treatments as opposed to touting vaccinations. It's a bummer. There's no way around it. Numbers in Hillsborough County, folks. I mean, it's just no denying. It's remarkable. All right. Jumping back to the markets. Let's see what we got going on. We'll jump to some of the stocks that we have in terms of coming up with their earnings. We talked about target shares pulling back 1.9% right now, $257. Let's jump around to some of the thanks stocks this morning. You got Amazon shares down about three-quarters percent. Amazon quite the trade yesterday down almost $100 and gets it all back by the close. Apple was making new highs yesterday. Apple, look at that resurgence. We closed the day at about $151.12. Today, we're up about $0.20 at $151.30. You're up a size $151.70. Remarkable that Apple continues to make new all-time highs even in the face of some weakness in some of the tech stocks, right? There's your daily on Apple. I mean, compare that to some of the strongest companies out there. Microsoft, same deal. All-time highs yesterday on Microsoft as the fag stocks continue to carry some of the market. Google shares just off the highs. You're talking about $29 off the all-time highs for a stock trading at $2,700. We jumped to Facebook shares, $364. They traded lower on their earnings last week. We've kind of been sputtering around basically near all-time highs outside of a few days on some of those equities. Let's take a look at gold because gold's been a little bit of a winner recently. Gold, from the depths that we were at. Now, here's the interesting thing, right? I talked about it originally. Gold, you back things up to where we were in gold here. March 30th, you're trading at a price tag of $1678.30, $1677.30. What did we hit last Sunday night, folks? $1677.90. Within $1, we get to both of the previous low in March and within about $4 from that low in March earlier in the month. Maybe that's where we had to test, folks, to take out maybe the stops. We basically come right down that level. Since then, it's all been upward action. 1793, put gold on a three-year weekly. See where we're at? Still in a downward trend, though. We've got to break above it. When I look at the trend line, you take an easy spot from the top line there to the bottom line, and that's going to line up pretty well outside of a little bit of an outlier maybe, but if I'm looking for a little linear regression potentially, it's an art, not a science, folks. You're supposed to line up consecutive points for a trend, of course, but that's a downward channel line, and wherever you pot it. You could pot it right there, matching up these. Maybe you get a little bit below that line briefly. Nonetheless, you see we're in the middle of the trading range, and you're a solid, what, $200, almost $300 off the highs we had last August. Now, jumping the notes in bonds, which is obviously going to play into the gold, they've been holding up well. There's your three-year weekly. We run from $1,735 on October of 2018. We make a high during the depths of COVID of $140, $24. You pull back to an exact $382. You chop around at that $382 price tag from March 1st all the way to the end of June, and then we accelerate higher, and we'll see. Now, you could make the same case in terms of this downtrend. We're bumping up against that trend line. Not sure where the bottom part would that would be, but interesting that all of those peaks lining up to kind of where we are right now on that 10-year, maybe that provides a little bit of resistance, potentially, as the market. Not quite sure where rates going to end up as the economy marches on. All right, folks, stay tuned. We got the S&Ps down 26 points. We'll take a look at the other companies we got coming up earnings later in the week. Dow off $274 right now. Russell off $211, and we got Crude sitting negative by $0.10 at $6719. Stay tuned, folks. I'll be right back after the break in three minutes. All right, folks. 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For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks. We've got markets dropping a bit. We've got the S&Ps down 33 points. You get the Dow down 300 points. S&Ps right now, not quite to the lowest we had yesterday. You're within about nine points to that point. That would be a critical area, folks. 44.30, you're talking about right near the lowest we had one day, also correlating to the lowest we had on Thursday. You jump to the Dow, or about the lows on yesterday and the Dow, about 100 points from where we're trading at right now. 35,146. Nasdaq, 100, just off that level as well by about 60 points. So all the markets not even back to the lows of yesterday yet. Things look pretty dicey on the board, but we weren't even where above where we were at basically yesterday at this time. So keep that in context, folks. You jump to other stocks, as I talked about with earnings this week. We got Cisco and NVIDIA out on Wednesday. So today we're talking about Lowe's Target, TJ Maxx, right? We had Walmart and Home Depot. You get Cisco and NVIDIA jumping over to those two. Cisco, you're looking about a 5% pop on their numbers just under that price tag. $2.31 move. NVIDIA should be an interesting one as well. Now, NVIDIA out with their numbers tomorrow as well. You're talking about more than a 5% move on NVIDIA. You take a look at this equity. We're down about 2.1% right now. But we just traded from 140 back in their prior earnings. You were coming to the last quarter at a price tag of 157. We were just above 200 yesterday. So you're talking about pushing all-time highs, right at the upper boundary line. We're trading at 195. They're out with their numbers tomorrow as well. All right, folks, what else we got going on this week? Now, Larry Pezzavento, he will be doing his show today live at noon Eastern time. We got Fast Market at 11 o'clock, of course. We got our man Basil Chapman coming up next. On Thursday, Larry Pezzavento ain't going to be doing his show, folks, because he's going to be doing a live trading webinar for five hours. 9 a.m. till 2 p.m. Eastern time. He'll take a couple breaks in there. Five hours, 9 till 2 p.m. live trading webinar. Trade what you see, live trading event. And he's going to talk about, folks, methodology while he's in there trading. How to use ABCDs to build an expectation for the next sequence of moves, talking about risk management with those formations, patterns he uses, three patterns that help identify shifts in supply and demand, trend changes, simple tools to help you find an edge. All of that's going to be covered, folks. You get a month of his newsletter as well. You get $195 and that will be archived. You can watch as many times as you like on your member page at TFNN. Thanks so much for tuning in, folks. Starting your day, we've got markets in red territory. Should be an interesting one out there. Stay tuned. Basil coming up, Fast Market at 11. Larry Pezzavento, Steve Rhodes, Dave White, Tom O'Brien's back this afternoon. Thanks, folks. We'll be right back.