 The following is a presentation of TFNN. The TFNN Bull Bear Trading Hour, every trading day, live at 10 a.m. Eastern. Call now, toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Trading Hour. Now, Tommy and Tommy O'Brien. Good morning everybody, Tommy O'Brien, coming to you live from TFNN headquarters in St. Petersburg, Florida. Tom's going to join us after the first break. We've got kind of a slow start to Thursday trading. Market's kind of oscillating around flat. We've got the Dow up 29 points or about one-tenth percent trading at 25,568. You have S&Ps up almost three points, one-tenth percent as well in the green. Trading at 28,288, you get the Nasdaq negative by nine points or down about one-tenth percent trading at 75,666. And the Russell basically flat negative one point or 0.06%, 15.05. And we'll start things off as I did in the update. Checking out the VIX this morning. 1626, quite a two days that we had in the market in terms of Tuesday and Wednesday to the upside. Jumping over to the futures charts real quick. We'll pull this back. Looking at the S&P, this is the shorter timeframe. We're backing up. There is yesterday's action and then there is Tuesday's action. Just backing that up, we were sitting at, that's about three in the morning on Tuesday, 2749. You're talking about 80 S&P points above that level right now. Quite a run. Dow 30, currently trading 25,577. We've got the Nasdaq trading a bit off the highs that we had. Basically pre-market all the indices a little bit higher. 72,60 being the high. Nasdaq 100, 72,23. As I say that though, look at that Dow getting a little bit of a pop. And crude oil, a little bit of a pop as well. Climbing for $52. Gold contract, been holding steady. Quite a run for gold as well. We reached a high early yesterday of 1348. Pulled back to a low of about 1331, right in the middle of that range for gold, trading at 1340. And Euro US dollar, you have the ECB coming out. You have leaving rates. You have Draghi with a press conference, a little bit of volatility in terms of what he's been talking about over there. Euro trading 112,63. In terms of what else you have happening, covered in the update as well. But trade deficit, US trade deficit falling in April, just before the increase in tensions with China. So that number, US global trade deficit falling to 50.8 billion in April. And right with expectations, the shortfall with China increasing 2.1 billion to 29.4 billion. So what I pulled out, I pulled out some stories that are going around this Thursday morning. Going to jump through some of the stories I found interesting. Auto loans hitting a record high, sending borrowers with the best credit to the used market. So I don't know what you might be able to deduce from what is going on, but it's interesting nonetheless. So the average amount borrowed to buy a new vehicle hit a record $32,100. That's a pretty staggering average for new vehicles. The average used vehicle loan hitting a record $20,137. Now where it gets interesting here is that we'll get down to it. So the average monthly payment for a new vehicle, $554. That is a lot of money for a loan on a car for the average. And a record 391 for used vehicles. Interestingly here, experience, this is all coming from the credit reporting agencies. 61.8% of those with a prime credit rating and 44.7% of those with superprime took out loans to buy used vehicles in the first quarter. Those are the highest percentages experience has ever recorded for prime and superprime buying used vehicles. So in one essence, you have the highest recording price for new vehicles. And in the second step, you have the people with the best credit not buying used vehicles and buying used vehicles. So then who's buying the new vehicles? Is it the people with less credit that are spending more money on those new vehicles? Pretty interesting. Keeping on the car, we're going to get over here, keeping on the car theme. Automakers, talking about worrying of course with the Mexican tariffs. Again, pretty interesting statistics as you take into what we have going on here. So it's far from clear and of course the article states in terms of what really is going to happen. The levies could rise to 25%, but breaking down, of course, you saw the car companies get hit hard when that first story came out with the 5% tariff on all Mexican goods. So nearly 100 billion in Mexican automotive goods including 93 billion in vehicles, more than 6 billion in parts, flowed into the U.S. last year. GM, the largest importer of Mexican-made vehicles with almost two thirds of a million vehicles in terms of 666,000 last year, along with parts such as wiring harnesses, a variety, I'm sure. So of course you're going to have the suppliers this is talking about and it breaks down, you know, more in depth, but pretty remarkable. GM alone, almost 700,000 cars that they're pulling in from Mexico in a single year. Jumping around as well, we'll pull this up. Staying on the theme of tariffs, why not? Apple could lose nearly a third of its value if China makes this trade war move. Now this, of course, speculation, we'll see where this is coming from. So strategic wealth partners, President Mark Tepper says investors should keep the trade threat top of mind, especially worst case scenarios. I would agree, you have to keep all scenarios on mind, right? And there is a probability that is greater than zero that things really get ratcheted up and Apple could be one of them that really gets hit. Pretty staggering when you think about a third of the value though as this breaks down. Long term, we still like it. They're doing well transitioning over to more of the service-based model. They have their worldwide developer conference early this week talking about some of that. Deal with Q-Com ensures that they're going to have that 5G phone. So they have some potential, but he goes into that I think it's still very difficult situation and the situation really reminds me of where it was at the end of November last year. 20% pullback, undercut the 200-day moving average, so something to keep your eye on if that thing really gets ratcheted up. And we're going to stay on Apple. We're jumping all over the place in terms of, but on the good side, Apple reportedly looking to buy RoboTaxi startup Drive.ai. So lots of speculation in there about Apple getting into the self-driving vehicle, whether they're developing in themselves. There have been stories that they had thought about buying Tesla, even as far back as 2014, 2016. Nonetheless, Drive.ai, a self-driving shuttle service, has raised 77 million and valued at 200 million two years ago. And in January, Apple dismissed more than 200 employees from its autonomous vehicle group. So they scaled that back, but there's still speculation they might be going after some other players in the market to build themselves a presence in that AI self-driving vehicles. Morgan Stanley, given AMD an upgrade, being cautious has obviously been the wrong call. So AMD, quite an acceleration recently. Let's jump over their chart in a moment as we pull this up. There's your AMD chart. Quite a pop this morning on the heels of that upgrade, of course. So up about 4%. That's a five-minute chart putting this on a daily going back a year. I mean, quite a charge from those December lows. You're sitting at about 16, almost 100% rise. We're coming back into that high we had in September. AMD quite a run in today. Up almost 4% on that news, jumping back to what they actually said. We'll get there. So AMD keeps delivering positive proof points according to Morgan Stanley, which says its cautious forecast was the wrong call. So they upgraded to equal weight from underweight and raised the price target to $28 from $17. And we just looked at it straight in about $30.50. But nonetheless, the banks at AMD has consistently performed well among its competitors Intel and Nvidia. AMD shares up on that news this morning. Stay tuned, folks. Coming back after the break with Tom. We've got natural gas inventories coming up at $10.30. And to see where we are on the market right now, you get Dow above 30 S&Ps, positive by 2 NASDAQ, negative by 13. We'll be right back. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? 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Folks, appreciate you growling a problem with us out here. We have the Dow Industries up 19, Nasdaq down 15. S&Ps are flat. Gold, gold up 840. You get the silver up for 14 cents. Both gold and silver yesterday, they go top side. Have volume, but give it up in price. You pull back. We're right back top side, folks. You get volume behind the move still, which is great. Oil, no action. Up 21 cents, $51.88. Notes and bonds. Ten-year up four ticks, 30-year up 23. And King Dollar. King Dollar back down to 286. 96, 970. Euras at 112. Yens at 108. And we'll see where this shakes out. My take, folks, is that what we have just done here is that we've set up the C point of an ABC structure on the way down. We'll see if it lasts another day. But I suspect I was looking at it for 285. And we got to 283.69. We'll see how this... You know, we got a contraction of volume yesterday. Yes, they did 71 million in the SPA. Yes, they did before 77. You're going into 70 as well as 127. And all the indices, ETF structures, as well as the indices, are kind of set up the same way. NASDAQ is still the weak dog. And when the NDX100 and the composite itself is the weak dog, that can drag that S&P down, drags all its friends down, you know? Yeah. Gold, we take a look at that gold contract for a second. And what you're going to see out here, it caught a great bid yesterday. It gave it up on price. You know, look at that volume. 413,000. But yet, we hit a high of 1348 and it closed at 1333. Yeah. That's a give-up, man. Oh, that's quite a bullback. But guess what? You're going right back top side and you get volume behind the move again. This gold contract wants up there at 1361. Now, just the opposite was the dollar index. The dollar went to a low, had volume at the low, and today we're going to have monster volume. You know, we had 25,000 contracts yesterday. Today we already have 20,000 contracts. Okay. So this thing wants lower price. I know Draghi had a press conference this morning, right? Yes. I'm sure that's adding a little bit of volatility action. It did. Yeah. Watch this. Look at that. Yeah. That's... There's... 730, right? Back it up a little even. Yeah. The first bar of the... Right there. Oh, okay. Was that 750? You're looking for the low, yeah. I'm just looking at the big volume bar. 740. That's really when you can see... Yeah. And then, bang, all the way down. Now, what we have out here, too, folks, that low of today has a high volume bar. So your probability is that that's where it wants to go. And you can see we were down there yesterday, too. Well, so we have natural gas coming up. Oh, good. That oil got smoked yesterday, right? Oh, it sure did, man. It sure did. Close out these real quick. Jump over here. Yeah, let's take a look at just that oil what it did yesterday real quick, because it really did, man. Back it up. So there's your action yesterday, right? Yeah. We went from 52.75, we were looking at that. Right. And by noon, you were trading at $50.63. Pretty remarkable. It is. And we're kind of right in the middle of that range right now. We'll see where we end up. All right, natural gas. So what time? 10.22 right now. We get the inventory numbers at 10.30. We got natural gas. We're trading the July contract. We're trading at 2.38. Quite a number, right? 28 natural gas. Cheap natural gas. I know. I haven't pulled it up this week. But even since, what is that? Tuesday, we're at 2.44. Even this morning, check out that bounce. Even at 9.30, we were down at 2.35. We just traded up three pennies ahead of that news. So let's see. We're trading at 2.38 right now. If we jump over to, let's start off with the 11 a.m.s. So we're going to have 2.35 as a possible price point. Okay. Now, the only bummer is if you're bullish, that's great. Let's just look at it. If you want to make a short-term bullish trade, you want a little bit defined risk, you cap your losses at 2.35, which is right here on the chart, and you can get in here. You're risking 35. You're capped out at your profits at 2.55 and really, for that type of risk or reward, you're really getting in at 2.386 instead of 2.382. Not bad. No, no. To have a little bit of defined risk, because guess what? We were just there. If we get a bad number, you could see natural gas go below 2.35, right? Oh, yeah. Big time. So let's see what the news light up. That's not like it's cold out. Yes. So, noons are going to have the same exact price point, 2.35. And again, instead of 2.386, it's 2.387. Now, they added one tick on there, basically, if you want exposure till noon. Now, the dailies are going to give us 2.40, which is going to be a little bit closer. And this time, this would be kind of ideally, and maybe we'll get to 2.40 by the time that we set this up. You're going to have value to the... It's pumping right now. Yeah, we're only about a penny away. And look at that as it moves. So this one, you're going to have the intrinsic value to the downside, right? But you could set it up, because it's only about one penny now away from where this would have a price point. So this would be your bearish trade from 2.40 down to 2.90. You'd be selling that. You're going to have about 12 ticks of intrinsic value, and they're adding about 12 onto premium. And on the bullish side, from 2.40 up to 2.90, you're looking at a similar level of premium. And look at that as we're going up there. This is pretty cool, folks. See, because you still have five minutes to put this trade up. Well, actually, you wouldn't have five, because they'll pull those numbers like a minute before, right? I don't think it's a minute. It's probably ten seconds. No, ten seconds. Ten seconds, okay, okay. Yeah, yeah. So look at this. Yeah. Two, what, three? Two-thirty-nine-one. Two-thirty-nine-one. Right. So that's basically nine ticks away. You know, it's pretty close in terms of, again, there's your bullish one. There's your bearish one. You're looking at about $35. So you need 3.5 pennies, and you got about a penny at start to the downside. Right. So we'll see what we get. Let me pull that baby up. Go for it. So you got NG, and we're going to be on... July, I believe. July, okay. That's June. NG. Let's see. Maybe N, U. NG, U. No, that's September. N, N. There we go. There we go. Okay, so... Oh, man. Yeah, that's what we... Why? I haven't looked at it since last week. I haven't seen the man. And two-thirty-eight, and you're right away, because I think we're at two-fifty-eight last week. Okay. NG-one. I got to do it continuous. This thing's such a mess. Why? I haven't looked at it since last week, and two-thirty-eight, and you're right away, because I think we're at two-fifty-eight last week. NG-one. I got to do it continuous. This thing's such a mess, folks. You get... It's like there's nothing to basically go against. Really remarkable considering... Wow. That... I was just going to say, really remarkable considering that, you know, pop we got when... Yeah. Yeah, you know, funds going out of business, right? Yeah. I mean, we're in a Tampa, I think. Right. Look at that, man. I mean, this is saying that you could game down to two bucks. So anything... I don't believe it. Right at it. And anything under, really, two-fifty-three is that you're in another zone, man. I mean, like, two-twenty-seven is wide open. We're in that zone. You were in that zone, man. Yeah. So the pop that we just got, though, there's a little buy. There's no doubt. But then you're going into... Yeah, I'm going to go for the downtime. What you're doing, that pop that we just got, you're really just going into the downdraft from yesterday where, however that cellar was. Okay. That was coming into the close, because that's two-twenty. I believe natural gas closes at two-thirty. The pit. So you're going into that. It's trying to get some momentum, but, you know, you can see that... Good luck. Yeah, exactly. That market, man. You know, that is intense, man. It sure is. Natural gas. You know, with all the shale that we have, there's no doubt that bottom line is a lot of natural gas, because every time that you're pumping oil, folks, the problem for these oil companies is that there's so much gas that gets blown out as long as there's wells. So we can't enter. I think it's 10 minutes, maybe eight minutes, maybe five minutes, but they're looking for somewhere around a build of about one-tenth. Okay. So we'll get that when we go back. Yeah. Stay right there, folks. Tommy and I are coming right back. Our phone number is 877-927-6648. We have the Agile Industries right now trading down, trading up one last second, down 19, S&P's down one and a half. Hi, folks. Tom O'Brien here. 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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, I doubt. That was down 16. That's except 24 S&Ps off three and a half. Oh, look at that number. That's a number. It'll be close. We're going to build. $119. The market was looking for about $109. As we said, a little bit more supply. That should mean lower prices. Jumping back. Oh, lower prices. Oh, my God. So the one trade that set up for the bearish, right, was your 240. The other ones were really setting up as bullish. Like we said, though, if you're bullish, hey, you're already capped out at a loss that the market is below. Isn't that, I mean, you know, if you're making a trade. Right. Yeah, you were risking 3.6 pennies, all right? Right. But that's all you were risking. And it's already down four pennies. Right. In the span of, it says a minute, it was probably six seconds. Right. Totally. Totally. Yeah, so we'll see and check back then. We were talking about you're in a whole other zone there, folks, which is really a problem, because it's like no man's land. And it's like who wants to come out there first and try to get it out of that zone, right? Yeah. And I just say, you know, just like you're saying, there hasn't, I mean, you know, good luck being bullish. Yeah, now this is a delayed quote that we're looking at. Yes, it is. I mean, I'm just going back right from March. I know. I mean, you were $3. And yeah, there's been, you know, bounces. And the bounces have been substantial in terms of 253 up to 273. Yeah, it's 20 cents. But it's just a bounce in the downtrend, man. And this has been quite an acceleration. And guess what? As you said, that chart is about to drop when it catches up to the reality of where we at. And it's not slowing down, man. We're down five pennies in a heartbeat. Man, that 240 trade would have been a nice bearish trade in terms of you were able to sell that one. Yeah. Right? And 61 bucks if you'd just gone on the bearish side. But hey, it's a big number. It is. And if we go just go back. That's a decent five-minute bar. It is. I'm just going to watch. Because when you take a look at this, you're going to see, OK, so the low of today was 235. And we're at 234, right? 233 and change. It's probably 232 now. No. It's taken that out. And then if I go back to the NG, we go back to the continuous. What you're going to see here is that, you know, when we got under, that's 254. That's 243. You're under that. It's like it's a problem child, man. I mean, this is almost, this is the thing that's intriguing here, folks, is that we are only at the beginning of the summer, right? Yes. So there's not going to be people using natural gas, you know, for a long period of time here. So 227 is game next. You get to, you know, that's where we were topside in, what, June of 2016. Oh my God. Yeah. And time is just a trip. What's interesting, and it goes both ways. I was just looking, all right, we're in June, you know, seasonal type stuff. Yeah. What does this chart do on those seasons, right? Well, you back it up here. There's June. We actually traded a lot higher in the coming months, right? Yeah. You back it up here. We went flat. Back it up here. We went higher again. Back it up here. We went lower. Right. So it varies, I'd say, you know, in terms of the driving season, or the summer season. That's why you don't want to trade natural gas, folks. It's a cycle. You know, there is no doubt that, I mean, remember in the middle of the winter, it was freezing beyond belief, folks, okay? And the bottom line is you think that, okay, it's freezing. They got it down draft, you know, but they, we used a lot of natural gas, but not enough and they still drove it down. Sure. And then in the summer, it's like, guess what? Yeah. You know, it's not a vehicle that, you know, and I've traded it. I've traded it plenty of times. Sure. Now that's going back five, six, seven years, but... Yeah. So we're sitting there. We'll see what happens, man. Yeah. 233. Cheap natural gas. Yeah. No doubt. Beyond meat. So let's go look at... Beyond meat is going to be coming out with the numbers this afternoon, folks, okay? And this is going to be... Now this is the first time, as a public company, that they're coming out. The down 3% ahead of that. Does somebody know something? What's going on? Look at this. They almost got a $6 billion market cap. And my understanding is that they're looking to take in $200 million just for the year. Not yet. $200 million for the year. So they're looking for $38 million. Yeah. The price is heavily predicated on a little distant in the future, right? Oh, yeah. Oh, there's no doubt. But man, look at that. Okay. So let's see what time that comes out if they... So just the same right now, just after market. Okay. Now, another equity that is getting absolutely smoked is at home today. This is cut in half. At home group, down $8, trading $9.44. This is a retailer. And you pulled it up. They just went public. They all operate home decor stores. I don't... I haven't seen any in Florida. I'm not familiar. And I might be familiar with them. Just not. I mean, I might... You know, we might pass one. You know one of those where it's like you don't even realize it's one of these at home group. Yeah. They went... Now, you know, let me show you something here, because this is always dangerous when I see this. These guys knew, and they're really smart. I mean, they'd taken a lot of cash, but unfortunately they take a lot of people to the cleanest. So March of... March 27th, they went public. Sold 6.9 million shares. Got 30 bucks a piece. Nice cash, right? Yeah, $210 million almost. Watch this, though. June 11th, they do a secondary. Sold 8 million shares at $37. Sure. September 7th, they do the third. 10 million shares at 33. Yeah. And, you know, what does happen here is this, is that when that happens, I don't have the balance sheet in front of me, but when I've seen that happen, sometimes what does happen is that they can stay alive for longer periods of time, as long as they don't waste all that cash. Sure. You know, if they have the cash in there... I mean, even as a consumer, the time to access credit is when you don't need it. Totally. You know, they're not going to go be able to push out money in the market right now and in a little bit of defense to them and the headlines. Man, a lot has changed since March of 18 in terms of tariffs, China. They're in home goods. Retail. Not even retail. I'm talking about home goods coming from China. Probably not the time to go public with the home goods company where you're getting all your merchandise from China. So they might not have been swindling everybody when they go public, and then they have to scut up with that. There's no doubt. Come on. It's like... So, sign it. Let's see what's sign it's like. And we can go into their earnings afterwards, because they're a staggering miss in terms of earnings, in terms of everything, right? Sign the jewelers. Did they come on, too? So, sign it... 52-week low. Yeah, they had them this morning. Oh, okay. Look at that. 52-week low. So this is K's jewelers, and they think zales. This is like almost everything. I think sign it actually ended up taking over everything. Let's see. Sign the company to its subsidiaries, retails, watches. We'll have to look it up. I'm not sure. We might be thinking of a different one, because this... Now, you know what? I only know we're thinking of a different one, because this is only a $960 million company. There's no way that I think all those companies combined are worth more than a billion, right? Zales. I know the one. There's one company out there that owns them all. Yeah. Jared. Let's see. Okay, so... Sales-wise, let's see. So COMP was down 1.3. Yeah. They were looking only for a decline of 0.8. Looks like... Oh, there's a scroll up there that earnings up there. Oh, no, this is the company. He has zales. He has K's. Oh, you're right. He has Jared's. Now, see, that's staggering. They're not even worth $1 billion. Right. And I agree that they basically control every single... Right. Well, you see it. I mean, name one other massive mall, but guess what? Maybe that's the mall deal, right? We all know them in the malls as well. So here it is. Jared's sales, COMP sales. Does that say down to 7% versus... No, no. It's down to versus minus 7.8 year-on-year. Okay. But the estimate was minus 2.8. They're all low. That's pretty heavy, man. Well, does it... Zales? Yeah, you're right. Yeah, yeah. Stay right there, folks. Tommy and I are coming right back. Our phone number is 877-927-6648. Come right back, folks. The Tiger First mortgage program may work for you. The security for these first mortgages are building lots in the Tax Opportunity Zone in St. Petersburg, Florida. The Tax Act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits, which makes these lots valuable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. 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Each and every time you pick it up, Jack will be in a different place around the world, growling and prowling out here like the tiger he is. Jack Blesen, what's going on, brother? Hey, howdy there, partner. What's going on down in sunny Florida? The heat is on, baby. We got the heat. We got up to 81 here yesterday. I was a little, I was pretty happy about that. I bet you were happy about it. 81 in Chicago, that's a beautiful thing, man. That is a beautiful thing. Oh, man, what a move we've had here, guys. A couple of things I want to point out. Some of the major levels we came into because it's looking like it might be more of a serious bottom. You know me and my halfway packs. So NASDAQ, you guys go to that chart. The halfway back for the year is right about what we held. And, you know, that's from the low, which was, I think it was the 7th. The low of the year was the, it looks like, yeah, the 7th of January to that high. That level was 7,004, which is right about the daily close on the 4th of June, and then right where we opened the other day when that rally began. So larger picture profit targets, you know, if this ends up being a low and we go up towards those all-time highs, the negative 22% projection, there's going to be 82, 82. So I'm good. I'm looking to continue to trade from the long side here in the indexes. I'm looking to continue to trade from the long side here in the indexes. A little choppy this morning. If we do get a pullback today in the S&P 500, 2813 is my first major support and then 2806 below. But I also think oil is possibly made a bottom here. Have you guys been playing close attention to that widowmaker? I mean, that thing's the new net gas. Yeah, might take, Jack, because we're going to 44 on oil, but I'm going to send you some salmon. I'm going to get some salmon in the mail today. They got salmon down in Tampa Bay? Oh, we got it up in Alaska. We're going to send it from a couple of our tigers up in Alaska. We'll turn you into a bear. I was lost, man. You got to bring us with you. Turn you into a bear. You need a little change of pace, man. There you go. If we are going to go lower, I'd like to see us get back up to the 53-66 level in oil and then kind of fail from there. Ideally, I think we can go lower. There's no doubt about that, but just the way we hammered off that 50-60 zone yesterday, I think we got to trade back to the top of the range we broke down and out of. For me, that's around 53-60. 53-60 and 54-60 too. I'm a daydreamer. I'm changing my opinion every 15. We love it. It's awesome, man. There's no doubt about that. You know what's intriguing when you get a chance? If you take up that oil shot and then take up the S&P with it, look at it the last three years because it seems like oil is about a week ahead of the S&P and it's been trading with for quite some time. All these things work and then they don't work, folks. But that's a heads up, man. That really is. I think it's constantly changing. If you're not changing with it, you're going to get left in the dust, guys. The biggest thing about trading to me is always risk management. And I think you got to stay in the game long enough for the bigger moves. That oil moved down. Man, last time we talked, that's when the move really began. As soon as we took out those lows, see, we were trading 58s last Thursday, right? Yeah. And then you had the biggest inventory draw in that. I did. It went back to the 90s, man. It was like, okay. I wasn't even born yet. I know, man. You're going to love it. Totally. So, hey, how do you like that move in gold? Oh, yeah. That move in gold is fantastic. It wasn't last Thursday. It's funny because last Thursday, I was long it going in. I obviously exited early. And then I've continued to trade it here on the way up. But this could be the breakout that we've all been looking for. Don't get all excited, Jack. It's going to be amazing folks watching this because the reality is it's a good move. There's no doubt. When you take a look at this chart, guess what? We've been in this area for three years. You're talking about a long period of time. And we'll either make it or break it. We get up to that 1377. And right now, you're at 1333. I know. It's going to say three years. Really, I see it like 2013, man. Six years. It's amazing. I remember that move on the way up and how bullish everybody got. But really, right now, if you guys can continue to watch, if we can stay above this 1329 level here in gold, which would be a pullback below today's low, that to me 1329 is a really significant Fibonacci zone that would continue this very aggressive bid that we've had since last week. This marks a week, right? It started last Thursday, right? What a move it's been. We went from what? 1280s all the way up to over 50 points to the high. And that high of the year came into it yesterday, that 1349. If we start clearing that, then it's, you know, those previous highs of the year are going to be the resistances above. But to me, it's the speed of the move here. And then also, you kind of have really a truly fundamental argument that could push it higher with the Fed basically continuing to say, we will print money as fast as you want. Now, I need to know one of those guys because I love a money press. That's so true, man. It's so true. And, you know, the bond, the market basically is pushing the Fed. The bond market is saying, hey, rates are going lower every single day, you know? And that's a big move. So we'll see how the rest of it shakes out. Dollar, dollar, you know, we'll see where the dollar basically fails. This is the third, fourth day in a row now we get lower prices in the dollar with volume. So there's some good moving parts out here. I haven't looked at the, you know, I haven't really been paying much attention to the dollar. I know it's so correlated but I trade, I trade what I look at. If I don't look at it, I don't typically don't trade. That's where it's at. Listen, folks, you can check Jack out every trading day at majorleaguetrading.com. So, hey, so how long are you going to be in Chicago? Where are you going next? I'm going to Putacana next week. There we go. See that? So I might have to, you know what I'll do is I'll pick up from my phone again and I can see it's there. Putacana, beautiful man, enjoy it. My sister's actually getting married so this is, you know, it's great. They got the all-inclusive resort, it's a great place for weddings. You know what's really cool too, folks, is that like I've gone there a couple of times and I've gone there in the summer and I thought it was going to be hotter than Florida and it's actually cooler than Florida. Which is a mind-blowing. What is hotter than Florida? Where are we going, man? We're going further south. 98 degrees in humid in Florida. I know, I get it. How do you guys keep your hair looking so good with the weathered on there? Technology, Jack, that Nasdaq 100 technology. That's what I'm talking about. Beautiful air conditioning. Thank God, man. That AC repair, man, they never get... Looked like genius. Jack, you have a great one, safe one. Always a pleasure, man. Have a great week. We look forward to speaking next week, man. Hey, take care, guys. Have a good one. Thank you, man. Thank you, man. It's amazing to think that Tom O'Brien started his weekly gold report 17 years ago with the first issue published April 7th, 2002, when gold was trading at under $300 per ounce. He peaked at more than $1,900 in 2011, and after spending many years consolidating at lower prices, gold may be poised for its next big run. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. On April 1st of this year, the gold report currently has eight active positions with an average unrealized profit of almost 8% for each open trade. New subscribers get a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your gold report subscription today, visit the front page of TFNN.com. Don't let gold's next big run pass you by. Sign up today. Basil Chapman has a special subscriber webinar coming up Wednesday, June 12th at 5 p.m. called The Tide. In this webinar, Basil will be demonstrating techniques that can help one identify whether the tide is coming in or going out. That is, whether a trend is bullish or bearish in a variety of timeframes, and Basil will be speaking specifically to indices, currencies, commodities, interest rates, and key stocks. The technical tools that Basil will be discussing are available on almost all software packages that will be shown in historical context as well as live for current market setups. Identifying the key trend allows one to trade with the tide rather than against it. Subscribers also gain immediate access to three archived workshops so you can get started right away when you sign up. For all the details on the opening call and Basil's upcoming subscriber webinar The Tide, this coming Wednesday, visit the front page of TFNN.com and sign up today. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back folks. That was up by 69. Nasik is flat. S&Ps are four. And we're going to have our man, Mr. Basil Chapman, coming up. He's going to be riding that wave, riding that tide, right? That's right, man. Six days from right now. Wednesday night, June 12th. Amazing. June 12th. Coming out of six days away. Basil will be in there. Subscribers to the opening call, 90-minute webinar from five until 6.30. Live webinar with all subscribers to the opening call. I encourage people. Come on over to TFNN. Hit that link. You can sign up. You'll get immediate access. Basil's got three archive webinars in there. Anything goes. The stock market's key phase. He did it a couple months ago. He's got a couple others. What's next for the market? And then one of the tools that helped identify the market's last top. All of those 90-minute webinars. You're talking about what is that? Four and a half hours of webinars right there. You've got some time over the weekend. Check them out. Sign up. And then Wednesday night. He'll be in there for 90 minutes talking about the tide in terms of coming in, going out, whether the trend is bullish, bearish. And he looks at it in a variety of time frames. And he's going to break it down, whether it's indices, currencies, commodities, interest rates, key stocks. So check that out. Get started. Sign up right now. You can be watching those archive webinars over the weekend. And ready for Wednesday night. You're going to love it. Totally. And bottom line is that you've got to trade his market out here, folks. Get a little bit of a pop as we come into the end of this hour. And you know what? Not to jump. Let's check natural gas as we finish up. All right. So the first thrust was the big one. We're sitting 233.5. We'll see where that goes. Quite a trade on that 119 build. And market-wise out here, I expect you're going to basically just move around right where we've been out here today. You don't have a monster catalyst for the buys out here, nor the sells. We're going to come into Thursday, I mean Friday, job number. And then guess what? Yeah. Next week. We'll see after that ADP payroll. It was only a small one. This will be a big number. No doubt. Stay right there, folks. The market coming up next. And we got our man, Mr. Basil Chapman. Steve Rhodes, Dave White. I'll be back this afternoon. Thanks, man. Thanks, man. Yeah! Look at him, folks.