 is a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Mike in Southern California. Hey, Mike, what's going on? Hey, Tom, nice to talk to you again. And I have to start out and first tell you, I love this trading room. This thing is great. This app works great. And getting all the information, you're like instantly there. No delay, nothing. I know. Listen, I appreciate you growling proud with us. Your channel is in my pocket all day long. It's wonderful. Thank you, man. Thank you. Now, Tom O'Brien. This is Tom O'Brien of TFNN. We got five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows if I was having a great day, safe day. It's making a great night, folks. Be impeccable with your words. Seek to know the truth. When you hear an opinion and believe it, you make an agreement because part of your belief system, the only thing that can break this agreement is to make a new one based on truth, only the truth has the power to set you free. Knock it wise. Let's take a look at it out here. We have the Dow Industrial's up 20, Nasdaq up 116, S&P's up 30. Gold contract up $4.20, traded at 2,039 notes. We have Silver down six cents, $24.09 announced. Light sweet crude up a buck, $11. $72.54 cents, a barrel, notes and bonds. A 10-year note. Down five ticks, traded in 1,1208. The 30-year are down 16 at 1,2309, and Kingdollar, Kingdollars up 266, traded in 102, 579. Euro is at, trading out here at a price point of 109. The yen is at 142 British pounds, at 126 to one at US dollar. Our phone number is 877-927-6648. Give us a call, folks. I know it's going on in your world and the world of the S&P's. Let's take a look at them. What do you have? Well, we have ABC structures up inside the indices, folks. Check it out. I'm gonna put this on a weekly, and these are big ABCs, man. There you go. What do you have out here? I'm gonna mark it down for you as your A to B, and your B to B to C is the same day, actually, which is pretty wild, and then you blew it away. You can see on this weekly basis, took it out, took it out with volume. Right now, you're at 472. Now, we haven't even reached the high yet, okay? But the bottom line is that the spies are on an ABC structure up to 502. So, big numbers here, man. And I suspect we're gonna go. And the real question is is that, the B to C's are straight line moves. If this is ever a straight line move out of here, it's really a mind blow. If it isn't, you're gonna have a chance to buy retracement, but this could be a straight line move. That was really just dumbfound just about every market participant out there, particularly because we just went straight up. If you take a look at the cues, same type of setup. It's a really clean one, too, man. I mean, you have the A to B, it's a straight line move. You pull back slightly and then bingo. You blow away the B point, you blow it away with volume. We're 407 right now. The cues, that's 434, you know? So, monster numbers out here, man. Monster numbers. And you can see what's intriguing here is that we still have Microsoft that is an ABC structure up, confirmed, one of the 412. And you can see what's going on here. Microsoft's the only at 372. You get AVGO. This is like insanity, man. And, you know, Broadcom, this has gone up like $250 in all of five trading days. That's continuing higher. And then your SMHs, they are in another ABC structure up. And this is a monster ABC up also. And this one here is on a monthly basis, you know? So, bottom line is that when you have the chip stocks basically taking out highs, you're taking them out with volume, all of the above. You're doing ABC structures up, you know? You get a market that wants higher price. Gold, gold contract. We take a look at the gold card. Well, here, now let's do bonds first. You take a look at the bond market. What you're gonna see inside the bond market is that the bottom line has been going up with 2.1 million, 2.8 million contracts. You're pulling back with 976. That's the 10-year. 10-year right now is an ABC structure up to 114, 115 area. That is gonna bring the bottom of the consolidation for the yield, folks, is 3.24. And I suspect that's where we're going. Right now you're at 3.9. We go to the gold contract. Gold contract's looking for 2,500, you know? It'll take a bit to get there. But the bottom line is that right now you're 2,040. You have that high volume swing out there from a couple weeks ago. That's a 2,103. That's gonna get tested at least. And my take is that we're gonna continue going. Why? Because as we go over here, we take a look at the dollar. The bottom line is that, you know, the dollar came down fast and furious. Now you're building up some cause where we are, which makes sense, okay? You know, it only can go down up so much, okay? And, you know, this dollar's on this way down to 99. And that's on a shorter-term basis. We'll see if it holds in the 99. If it doesn't hold the 99, it's going to 89. Okay? It is the 99 right here, you know? So that, you know, you're already in the smaller trading range. So bottom line, that's where we're going. We'll take a look at some of the higher volume equities out here today. And when we did have option expiration on Friday, it was a 5.4 trillion notational value. And if you wanna see some volume, check this out, man. And this is important to understand, too, is that, you know, when you get option expiration, if you have a lower day and you get volume, well, that's where you wanna go. You see this on the NYSE? We did 3.9 billion shares. And on the composite, we did 8.5, I think. Yeah, 8.8, we did 8.8. So monster numbers out there. Some of the high of, oh, US Steel. This is kind of ironic, actually. US Steel's, you know, when we grew up, US Steel was like the premier company in industrial company in the United States. Bottom line, they're getting bought by Nippon Steel for 50 bucks a share. Nice premium. No, no doubt about that. I suspect what that's all about, folks, is, guess what, that infrastructure bill, you know, that infrastructure bill that already had got passed, that was passed under Inflation Reduction Act. Okay, how do you like that for a couple words? Bottom line, that's a 10-year deal, meaning there's gonna be money that's poured into infrastructure for 10 years. So they can see why companies want to buy other infrastructure companies, because that is some kind of a run rate, man. There's no two ways about it. And then we get into the gold market. What are you gonna see in the gold market? Gold market last week had a huge sound of strength. Bottom line came back to, it came back to a sound of strength, did it with light volume, teetered, almost broke down, and then just took off like a rocket ship as soon as the, you know, Fed came out Wednesday. And bottom line, you know, rate cycles over, the Fed's out there kind of yapping away as much as they can, like, oh, no, hold it, hold it, we're not gonna get out on that quick. Well, guess what, the market's gonna send them down, folks, meaning the 10-year. Dow, Dow Industries right now, 24 and as a cup, 115, S&Ps up 30, stay right there, folks. Come back with us, man, Mr. Steve Rhodes. Tigers, tis the season for leveling up your trading skills. Mazel Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday, December 20th, 4 p.m. to 5.30 p.m. Eastern. Mazel Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024. This is a free webinar for all opening call subscribers. 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Toll free at 1-877-927-6648, internationally at 727-873-7618. Welcome back folks to the Dow. Dow investors right now trading up 26 Nasdaqs, up 120 S&Ps, or up 30. Let's get over to our man, Mr. Steve Rose, as we do each and every Monday at 20 past the hour. And don't forget, folks, Steve does an outstanding show here every trading day, 11 to 12, Eastern Standard Time. Also has a great newsletter, a Mastering Probability. Now it's very easy to get Steve's newsletter, folks. Just come over to our website at TFNN. You'll rent the newsletters, you can see Rastron Probability on the right-hand side. You get Rastron Probability for one month for $149, six months to $695, which is a savings of $199 or 22%, and one full year for $1195, which is a savings of $593 or 23%. Now they all come with a 30-day money-back guarantee. Steve has a huge amount of tools on his site, okay? So when you get the newsletter, you get the tools, you get the explanation, you get the whole ball of the wax, and it comes with a 30-day money-back guarantee. Steve Rose, what's going on? I'm in, I'll buy, I'll have to give it a shot. That's right, that's right, I like it, I like it. Hey, yeah, so I don't know, did you guys get that the storm as bad as we got it over here? Was anybody spirit in Florida? I don't think so. St. Pete got it pretty bad. I mean, those flood areas in St. Pete flooded again. So thank God that most of the homes, what happened, folks, is that was at Ida, which is I think four months ago or something. Yeah, yeah, yeah, right, right. They got wiped out on that. And then this one here, though, is about an inch of water, but those folks are gonna be moving pretty soon because the wind that we had over here was extraordinary. I mean, it was like we had a hurricane in a tropical storm. I mean, a lot of damage, a lot of power outages. I mean, there's still people without power. Yeah, it was a crazy storm. What's the sum of the tough, man? That's the bottom line, you know? That water kicks up, man, I forget it. I've never heard the wind howling like that. Oh, what in the heck? You guys must have really got hit. We had like 30, 35, it wasn't, you know? Oh, yeah. And then, you know, get a love Florida, right? Because you get that storm, and whoosh, it blows right out of here. You know, you got perfect, almost perfect weather. And the sun comes out, no, I know. Right? It's beautiful. I'm still chilly, though, because look at, see, you get a shirt on. I got a freaking shirt and a sweatshirt on here. I just took my sweatshirt on. I see it, okay, I got it, I got it. Okay, good. It's a little cool, but hey, so last week when we did our segment, there was a tiger that rode in afterwards, and he asked if the patterns that that, you know, we talk about here, the patterns that I use and I teach if they're present at market tops. So I thought we'd do today is just take a look at the last several years, try to answer that question for this tiger. And so to start with, here is the, so we're just gonna take a look at the dow. Last week we were talking about the dow. That was really what the question was about, was the dow, and what's the matter? We don't have my screen. Oh, that's interesting. Give me a second here, Tom. Let's see if this works. There we go. Okay, so now we should have my screen. Perfect. So now we can take a look at it. Okay, so in 2022, the actual high for 2022 came in on January 5th of 2022. To answer this tiger's question, there was a TD nine count top that was present at that high. When we get our normal October rally out here, that came in on October 13th, and that came in with the roads mid-dominicator bottom. And now that was not what the question was. The question was basically the high for the year, at the highs for the year, are any of the tools that I use present at those tops? And so the answer to that question was yes, we got a nice real rally, really nice rally off that October low that we can see here. And that topped out on December 1st, and that was a roads mid-dominicator top. So that's got two of the patterns that we take a look at that were present in 2022. We go back to 2021, the Dow didn't top until November 8th of 2021, but the pattern that was present was a TD nine count top. So the answer to that question for 2021 is yes, at the market to high during that year, there was one of my patterns. So we'll see my other patterns throughout the newsletter, but I'm just focusing on this tiger's question. Yes. The question of then we take like a 2020, the hiding come in until December 31st out there. So in that case, there was no pattern that was present at the ultimate high for 2020. We can see TD nine count tops back here in June, that led to a retracement, another one in September. And that September one ended up forming that October bottom with a buy the D point pattern patterns that you and I discuss. If we take a look at 2019, the hiding coming until December 21st, I'm sorry, December 27th of 2019. And there was no topping signal or anything that was present at that stage. We take a look at 2018, the actual high for the year came in on October 3rd. And that high had generated a rogement and indicator top. We take a look at the high that came in in January, that was a TD nine count top. We can see rogement and indicator bottoms, TD nine count bottoms at the lows. If we take a look at the typical October low that we have, much like we've got this year, that was on October 29th, that was a rogement and indicator bottom. So we can say to that tiger, yes, these patterns are present at tops are also present at bottoms. In 2017, the hiding coming into until December 18th of 2017, that did actually have a rogement and indicator top that was present at that stage. In 2016, the high came in on December 15th, that was a TD nine count top. We can also see during the year, we can see two other rogement and indicator tops, one back in looks like the April timeframe, another in the August timeframe that's out there. If we go to 2015, the actual high came in on May 20th, 2015, that was a TD nine count top. We had a nice rally off of a bottom in August of that year, that formed a rogement and indicator top out there. So that takes us to where we're at today. So the answer to the question is, yes, my tools are present at tops. That doesn't mean when one of those tools triggers a topping signal that that's gonna be the ultimate top, but they are present at tops. But that takes us to where we're at today. And when we take a look at where we're at today and they really just kind of follows up to what you were saying at the opening of your show, I don't have any kind of a top here in the Dow. Not today, I don't have a top. But there could be a TD nine count top, certain things have to happen between tomorrow and Thursday of next week, I'm sorry, Thursday of this week. So just to recap here, from the 126 year seasonal cycle, a Dow has entered its final, we're over on the right hand side here, it's entered its final bullish cycle here that typically ends right around January the fifth. So this is the average over the 126 year period. This is a weekly line chart for the Dow and the semis. And if we take a look at those vertical lines, you'll see that the Dow is not gonna top without the semis topping as well. So it's important to understand what's going on there. If I take a look at the semis, just like the Dow, they do not have topping patterns today. They could, they've got a bunch of work to do, but they could form TD nine count tops by Wednesday. This is the Dow is at new all-time highs folks in terms of dollars, euros, yen, pounds, and Aussie dollars. That's as of this morning. That's a real bullish market because on all those traders' desks, they're at new all-time highs. They're not sellers, they're buyers. Lastly, here's the Dow. Here's the daily, the weekly, and the monthly chart. This really is suggesting potential caution as we come into the beginning of the year out there. Kind of fits with that January fifth-ish type cycle high. And what I mean by that is on a weekly basis, we're likely to get a TD nine count top that comes in play at the end of this year. So the mastering probability tools, just to answer that question, they are present at top sell here. You know what's so cool, Steve? That folks, all of us, we love this business because it's life's a mystery to live, not a problem to be solved. Totally. That is so freaking cool, man. I mean, seriously, right? Totally, yeah. I mean, great one, man. Okay. Take care, Tom. Successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. 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Welcome back folks to Dow. Dow Industries right now trading up 22 at the NASDAQ. 20 S&Ps up 31 and it was pretty wild there. Folks across the headlines in a Bloomberg, it has team owners play hardball with cities and fans for stadium deals. Sports stadium doesn't feel like just another piece of city real estate. It means having a home team in a root far. It's one of the few venues that can host big events such as the Super Bowl or Taylor Swift. But these steel and concrete giants are also bargaining chips in the fight for limited public financing. And inside of here, the first city they have on here is St. Pete because what has happened is it's been going on forever for the Tampa Bay Rays. And this is literally right down the street from where we are. It's actually right where I build. But what has happened is that Pinellas came up with 600 million for the new Ray Stadium. So there's been back and forth between Tampa is definitely bigger than St. Pete. But the difference is Tampa is not a walking city and it's more spread out. And you definitely have more jobs because more office buildings. But the problem is they don't live where they are. So it empties out, still empties out. Where St. Pete doesn't empty out at all. But anyway, we have the stadium. So what the sad is about is that yeah, that's gonna keep St. Pete on the map for another 30 years. There's no doubt this is gonna be a big deal. And you know, it's amazing. And I knew, you've heard me say this on the year before, the guy that owns the Rays, he retired from Goldman Sachs at 32. Really successful, big time. And inside of the contract, okay, there's 85 acres downtown, okay, 85 acres. There's not a lot of downtowns that have 85 acres period, okay. What a blank sheet. And the part of the lease that he had, the whole time, even when he's negotiating, was that he can basically be part of the structure of the, anything is done on those. And I was always saying that he's never gonna give this up, man, because the real estate deal is worth more than the Rays is worth more than all of it. Sure enough, that's exactly what ended up happening. And then to make the icing on the cake, though this gets even better, he hooked up with the folks out of Dallas and they're a great, they're a great firm too. What was their name? Oh, the Hineses. The Hineses out of Dallas, okay. They have this experience beyond belief in this business, man. I was, you know, I've been following them since I've been like 25 years old. And the bottom line is that now they're also doing a whole development deal. So I can see, you know, you can see, but can you imagine, imagine being a business. This is what's really wild, imagine being a business. And the business, when you talk about supply and demand, that the demand is so heavy that you can say to the counties or the cities that, hey, listen, man, I wanna build a new stadium. It's gonna be state of the art stadium. I'm gonna make all the money on the stadium now, but I want you to come up with 600 million or a billion. Is that, it happens. It happens day and night and, you know, it is what it is. I mean, I'm elated myself that it happened, okay. Because the bottom line is huge amount of jobs, huge amount of, yeah, everything. It's gonna be, it'll change the city again. That's the bottom line. Because I remember in Boston, you know, at Fenway Park, Fenway Park, you know, the Boston Red Sox, I believe, they went, they went so many games by sold out. They were breaking records all over the place. But when I was a kid, no one went to the games. My father parked cars over there as a second job. So I was always over there. And the most amount of people in Fenway Park, now I'm talking about 1960, 61, 62, well, like three or 4,000 people, you know. I saw Ted Williams get his last home run. There was only 4,000 people there. 4,000 people, okay. Crazy, okay. And then what ended up happening is that the Lions brothers came in and on Yaqui Way, if you're familiar with Fenway Park, Yaqui Way is like a whole entertainment center. Well, these were two private entrepreneurs. They came in, they started opening clubs. And that was the beginning of when you're going to an event, it was more of an entertainment and you didn't even have to go to the event. And that's how what ended up happening over in Fenway and the fans and all of that over and over again, you know, entertainment. So of course, you know, now what you get is that Camden Yards was built, same type of deal, you know, Olde Park, lot of entertainment. And now they're big entertainment centers, you know. And baseball, football, you know, we stick with baseball, you know, is definitely part of it. But it's all out of the commerce that goes around it plus housing that actually makes it happen, you know. So it's in Florida. So listen to this, this is a trip because now for folks that have figured out, okay, we're gonna get the 600 million. Well, what happens, this we're so lucky in Florida. We pay a bed tax. Well, the tourist pay a bed tax. The bed tax in Florida folks, okay, I'll Google it in between in Pinellas County is like astronomical, man. The amount of money they take in every year, I mean is over the top. And now that what that is used for, that is used to go right back into the economy in order to get more business, you know. So you can see how it works. Economy wise, pretty cool how the whole thing comes down. Okay, so some of the higher, well here, let's do the XAU, the HUI, because gold's on the run. You had the XAU as well as the XAU, as well as the HUI last week. You first, you came under the breakout area. You did it with light volume. And then last Wednesday, it exploded top side with volume, gone on the other side of the higher range once again. And like the XAU, we're trading 124, that thing's on its way up to the 150 area. We go to the Gold Bugs Index. We take a look at the Gold Bugs Index. Same setup, you had a false breakdown town. There's the breakdown town, you go uptown. Right now the Gold Bugs Index, you're too faulty. That's on its way to like the two, what is it? Two, let me pull this back a little bit more. Whoops. Yeah, this one here is a 255, 260. You know, there's big numbers out here. Stay right there folks, we'll come right back. We have the Dow Industries right now trading up nine. Now it's like a 106, SAP is up 28, we'll come right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. 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TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all tigers and tygruses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Folks, I doubt that was a bait, NASX of 104, S&P's of 28. So the bid tax in Pinellas, folks, last year collected 98 million. And then Hillsborough, so Hillsborough's Tampa, we have a lot of different counties, 61 million. So you can see those numbers add up in a monster way. Pinellas collects more because in Pinellas, that's where all the beaches are, folks, okay? So bottom line, you can see that number, how it goes. So let me take a look at interest rate structure out here. What you've seen since last Wednesday, you see the pundits that really either got caught on the wrong side of this are saying that no, no inflation's still out here. Yep, yep, yep in all this. So you get Bill Dudley, who bottom line is that he was the charge of the New York Fed, which is the biggest one, he's gone now. But the bottom line is that he's out here saying, okay, Jerome Powell's pivot is a pretty big gamble, okay? So the Federal Reserve, and it's a betting that they can have the best of both worlds, that they'll be able to defeat excessive inflation without an economy, without the economy going into recession. I hope it goes well. Unfortunately, there's still significant change, chance it won't. The thing that is amazing to me, when you look at a lot of the articles that have been written the last few days, folks, okay, is that the 10 year rate and the 30 year rate moved before the Fed moved. So it's like, you know, it's intriguing because it's like, okay, do these folks actually look at the bond and note market? Because the movement was already made. You know, we topped out. If you take a look at this for a second, I think it was on the 19th of October, right? 10 year yield. Put this up, okay? So yeah, here's the top out, right there, right? What is that, the 19th? I think it's the 19th of the 17th, okay? Of October, you know, we're way down here. Like, yes, we moved with conviction on Wednesday, but when you take a look at the move, the move was already made, man. I mean, in a huge way. Now watch this, I'm gonna put this up. And we will put this on a three year. Okay, cool. So now I got it on a three year. Now watch this, this is just the opposite. And this is exactly what I'm talking about here. Okay, so see this right here? This is when rates, this is before rates, the Federal Reserve start going up on rates in March. March is way up here, yeah. March is when, so the market itself had already taken a 10 year from 1.1 up to 1.7. And then the Fed start going up. That's my point that the market itself is way ahead and has been ahead of the Fed. And then when you take a look at this chart, you're gonna see us being in a technical analysis business. It's like, hey man, you know, the bottom of this range is where it's at because you already broke into the range. And you broke into the range with conviction. Conviction folks, okay, is wide price spread accelerated volume. And that's exactly what we did. If you're watching Tiger TV, you can see the size of that bar is a huge bar. You know, it was inching into the lower range and then bam, boom, it gets in it. And the thing that's really gonna be intriguing is this as we go forward. Now, the bottom of this range is 3.24. And we're at 3.94 right now. So when we get down there, I suspect what's gonna happen is that there's some good support there, okay? That being said, there's not a huge amount, man. You know, you're talking, you know, about four or five months, you break that. There's no reason you can't go down lower. So, and in the context of why it's going down, and Powell said this flat out, the bottom line is that it's not the Fed's job to be restrictive when, if inflation is not there, it should be neutral. Just going back to a neutral rate means that you're going back to a neutral rate so that you're not either squeezing the market or, which they've been doing for, you know, a long period of time when we got the pandemic, putting money into the market in order to basically support the market so the market goes higher. All in all, you know, we'll keep hearing this, you know, as to the aspect, okay, when and when are they gonna go down? But the market itself is gonna do it. And then if we go take a look at their meetings, what you're gonna see, let's see. We got the meetings, there we go, we bring this up. So next meeting, February 1st. So this is how, this is the setup going into 2024. February 1st, March 22nd, May 3rd, June 14th, you know. And real question's gonna be that, you know, no one's looking for them to go down in March, I mean, in February, but they are looking for them to, you know, cut N and March. And right now the Fed fund rate is still at, oh, let's see, 4.5 to five, I think. Well, the target rate, yeah, no, the target rate's 5.5. We're at 5.5. Yeah, so pitch that here, that's the overnight rate, okay? That's the target rate, 5.5, so. US Steel, US Steel, folks is getting taken over by NEPON Steel out of Japan, and this is all about the, and, you know, the inflation reduction bill out there at infrastructure. You can see what happened here at US Steel's up $10, $49.51, they got to buy a cash out at 50, I believe it was 50 bucks. And then, yeah, you're gonna have, there's no doubt, well, the thing that's amazing actually about this, there's no doubt, I was talking with Jacob upstairs before we came down, is that more, when I was a kid, 14.1 billion a deal, is that US Steel, I remember when Kennedy was president, I think he got them back to work because US Steel was so important to the economy. And Senator Federman is going out of his mind out there because there's no doubt that Pittsburgh, US Steel, big number, man, us too, and US Steel, let's just see what they take in. So, okay, so they take in 17.8 billion a year, they make four dollars and 20 cents to the bottom line, they're still growing, look at this, they're growing by 15%, in North America they're growing 6% in Europe, and they finally got flat-rolled steel going. Just flat-rolled steel's good money. That's the bottom line, it's 12.5 billion out of that, but it's, that's definitely something that couldn't have been done years ago, that you have a foreign company coming in buying US Steel. I mean, that's like the mortal sin, and I'm surprised that there's actually not more, but what you did have is that, that run on US Steel, I was looking at this run, the last low was four dollars something, four dollars and 54 cents or something. Yeah, how's that? 454, 54 dollars, oh, that's 16. That's 16 to 50, stay right there folks, show my back. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter Market Insights firsthand. TFNN, educating investors. Everything in the universe is governed by the Fibonacci sequence. 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Markets can be chaotic and difficult to understand. Having the latest market advice can help you turn this chaos into a key for creating winning trades. At TFNN, we understand that it can be hard to find reliable market news. That's why each of our market experts offers their very own market newsletter. A must-have tool for every trader out there striving to find an edge in today's markets, TFNN newsletters cover every aspect of the markets so you can analyze the market before you trade. Try any of our great newsletters risk-free with our 30-day money-back guarantee. Just visit the newsletters tab on the front page of TFNN.com. TFNN, educating investors. 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. Welcome back folks. So we go to Amazon folks. You can see Amazon is at 4.43 this morning. Now that's at a yearly high, okay? Bottom line though is that this is another ABC structure up. Now the cool thing here, listen to this man. So Diamond Sports folks, which is part of Sinclair Broadcasting, went bankrupt to March. Well, what's going on as Amazon is going after Diamond Sports because Diamond Sports has the Bali Sports Network. That's all part of it, okay? And I don't know what other states they're in but I can tell you in Florida, right? If you're either a baseball, basketball or a hockey fan, they have amazing freaking sportsmen. And now they couldn't make money on it because the bottom line is that the regular TV and the channels, they're history, right? But streaming is not. And Amazon is just getting their fingers into this in a monster way, because picture with the differences. The differences with Amazon, particularly in sports, right? Picture you have a movie. Movie, you can't break up in the middle. In sports, folks, if you've been watching it, and I've watched NFL on Amazon, and what ends up happening, of course, is that what ends up happening, it breaks and all that. You get a quick little commercial. You get the QR code that's on there. They're directing it right into Amazon so they get two different things. All the middles are basically out. And that's what the Amazon's doing with this Diamond Sports. So it's gonna be interesting to see whether they pull us off. We'll find out. I suspect they're going to, because the amount of sports that they can grab on this one deal is absolutely huge. Now, Sinclair, Diamonds is part of Sinclair. Sinclair is claiming they're gonna liquidate Diamonds. And it's probably, well, they're in the bankruptcy court. It's probably worth more liquidated than trying to sell, because the bottom line is that I suspect it's gonna be more than Amazon that will actually go after it when they actually figure out that hold it, man. On one fell swoop, you get in the NFL, you get in the baseball, and you get in the basketball. And depending on your home teams on there, but on badly sports, I mean, I watch hockey all the time, someone's always on there. Hockey season, there's always a hockey game on it. Always remember folks, the bear can claw your hat out, the bull can run you over, and thank God, there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9 a.m. Yeah, I'll get him, folks.