 The following is a presentation of TFNN. The TFNN Bull Bear Trading Hour. Every trading day, live at 10 a.m. Eastern. Call now, toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Trading Hour. Now, Tom Ant, Tommy O'Brien. Welcome folks, appreciate you growin' and prowlin' with us. We have the Dow Industries down 21. You get the Nasdaq up 19. S&Ps are up three and a half. Gold contract up a buck, 90 trading at 1310 an ounce. You get Silver Flat, $15.19 an ounce. Light Sweet Crude, $64.46. We're gonna have those numbers this morning. Half hour from now, we'll see what happens, man. Higher prices. It doesn't want to back off, man. No way. This is just... Higher oil for sure. Doesn't want to back off. Notes and bonds. Now, notes and bonds caught a bid once again. Bottom line is that you get the 10-year up by seven ticks, $123.28, 30-year up a half a point at $148.14. And that just came out of the gate. Bottom line is that they were trading flat this morning down four or five ticks. King Dollar. King Dollar up 134 ticks, trading 96, 745. That battle's still on. In both sides, the bulls in the bears are actually weak. Dolls at the high. But guess what? You don't have buyers nor sellers. Euro. Euro's at 112.44. The year is trading at 111. And the British pound is at 130.62. And it looks like the British pound, well, the U.K. in general, are gonna kick the can down the road. Why not? Politicians love kicking the can. Hey, listen, man. When I look back and see the Greece crisis and the Italy crisis, man, everyone forgets about those things. That was like four or five years ago. I guess it's just... They all get money now. They're not broken anymore. I guess so. I'll let you, man. It's totally wild. Let's go over to our man, Mr. Kevin Hinks at TD Ameritrade Think of Swim, as we do each and every Tuesday, Wednesday, and Thursday. And don't forget, folks, right here, every trading day, 11 to 12 Eastern Standard Time, you want to understand the option market, option strategies, the future market, great program. If you haven't test-driven yet, the Think of Swim platform, really easy to do, just come over to our website at TFNN, hit the Think of Swim banner, bring it up. They'll allow you to trade with paper money. It's a great platform. You want to be the bid, you want to be the offer. It's real simple, folks. You just be the bid, and you'll be the offer. You be the market. Kevin Hinks, what's going on? Good morning, Tom. Good morning, Tommy. Great to be out with you guys. How we doing? We're doing good. We're coming up to... I know you're not going to sleep for another 48 hours. We're coming up to the most wonderful time of the year. Congress has all... Finally, it's here. Yeah. Congress has all the banks right now, Kevin. They're asking them all the hard questions. Tommy and I were just talking. We were just listening on the way in. I'll turn the music on afterwards. I don't need a 15-minute spiel about how great your bank is. You know, I mean, that's what they're getting. They get their opening statement, though they should, but it was like, man... I was watching it as well. I mean, it's must be TV right now, only because I'm really waiting for the question-and-answer period. You kind of knew what the prepared statements were going to be, right? They were all going to say how good they are. And I appreciate that. And probably since the 2008 crisis, they are in pretty good shape and much better shape. And of course, they're coming this Friday, folks. That's when the earnings are going to be coming outside. Right. We'll see how these interest rates and the trading and volatility, in particular, basically affect their bottom line. So... Pretty interesting things going on this morning, Tom. I mean, I thought the CPI data, obviously the less food and energy was, you know, a 0.1 that's lighter than expected. But the headline number, the, you know, the full number was 0.4. It's warm. And I broke it down here. Gas? Yeah. Now, less food and energy, though. Right? Use cars and trucks down. Kevin, it just doesn't look like it's really intriguing, man. I mean, you talk about volatility, you know, when you look back a year. I mean, this thing, from December 24th, as the market went straight up... Crude, yeah. Crude, and gasoline did, too. I mean, and it just doesn't look like it wants to back off at this point. It's like, okay, man, we're going to be spending some money here. I don't know about you guys in Florida, but in Chicago, you're starting to see a difference in the price of a tank of gas. It's not... It's, you know, it's significantly higher, but for sure. Yeah. Yeah, no, it is here, too. And you know what happens, and this is really... And this is the point, folks, that we're all making here, is that I look at my gas tank now more. Just coming in, I can't believe I'm almost empty again. I mean, just that thought process. I says, oh, man, okay. That means more. I'm going to go spend another $50 or $70. Yeah. Right? Yeah, I mean, to fill your tank, you know, six months ago, it was in the $30. Now it's in the $50. Yeah. That's not insignificant. No, no, it's not. It's not. There's no doubt about it. And, you know, I don't know if you saw this Lyft yet. I mean, Lyft is getting smoked this morning, and I'm not quite sure whether it's just because Uber's saying, okay, they're going to file tomorrow. Uber's going to file... Well, Uber... Let's put it this way, guys. Uber's lowering their price probably because of what happened with Lyft. Oh, is that what they're doing? I see. Okay. That news release is probably hitting Lyft a little bit more. Yeah. I see. Okay. So Uber's sell $10 billion in stock at a valuation of $90. Okay. Right. I mean, they were talking about as high as $120 billion on that valuation. Now it's $90. That's not insignificant either. Oh, I agree. I hadn't seen it. $90 billion. I had heard $120. Right. Exactly. Yeah. So that's a little haircut. Oh, my God. That's... Yeah. And remember something, guys. These firms, they don't make money. Yeah. Right? And they don't have a clear path to make money anytime soon other than the obvious, which is they need to raise prices. Right. On this. Now, you know, a lot of people, like Amazon and Netflix, you know, a lot of people can go on for quite a while with making revenue but not profits. The question is how do these guys get the profitability without just raising prices significantly? Yeah. And it's tough, too, when you have a lift and you have an Uber. So it's not just like an Amazon where you're just leading the way in losses, but you really don't have a competitor. So no one's super worried about you just turning on... That's right. I mean, these guys, man, who's going to, you know, you're going to start taking profits and let the other competitor just start plowing to AI, self-driving, all that. Right. That's when you start... A duopoly is not a crowded space. Right? With only two real ride-sharing firms. So this is something Uber should do. Oh, definitely. And just the opposite. Yeah. It's not a clear detail here. Right. Lift is only in the U.S. Uber is... No, no doubt. And, you know, switching gears is a little... I'm sure McDonald's is cheering on Uber. I mean, because, you know, at McDonald's stock, that took off like a rocket chip once they really started delivering with Uber. I mean, it's just amazing, right? Yeah. Uber Eats is still a big... That new thing that they're going to. So there's a lot of moving pieces here, guys. I was going through my Uber Eats yesterday, Kevin, and I was showing them how many times I've ordered from specific restaurants, even ordered an ice cream, and I said, man, why is it so... The numbers are high. I am an avid customer. They got a good product for sure. Folks, right here. 45 minutes to now. Kevin, you have a great one. Safe one. We look forward to the program. Thank you, guys. Have a great day. Thanks, Kevin. You too. 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? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. 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Details on the Tigers Den are on the front page of tfnn.com. Tfnn has launched our brand-new website. You can still visit us at the same tfnn.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new tfnn.com now and experience all the upgrades. tfnn.com Educating investors. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. That is now 39. That is like it's up 17. S&Ps are up too. And Mike, it's a little tough time holding any type of price out here. You get the bulls and bears fighting inside the infuse as well as these futures. You can see and put this a little bit closer. There's a lot of things jumping around today, man. I saw Tesla getting a pop. We had Snapchat jumping around. We can keep going, but there's a lot of... And then we get the Fed meet and Fed minutes at 2 o'clock this afternoon from the March 20th. Yeah, the ECB this morning with Draga having a press conference. It still might even be going on. And that took the euro. So watch this. When he was talking, you'll see a little down there. I was in front of the screen. This was a quick down draft. Look at that thing. Where is it on the chart? Show me. Seriously, folks. We went from 1-1287 and 20 minutes later at 1-1233. Yeah. It doesn't seem like a lot, but it actually... No, definitely. Half a penny's a lot. Yeah, half a penny, right. Then... So let's go just inside the Dow. Sure. See who's moving things here. Boeing, huh? Yeah. So Boeing's putting 31 negative points. Home Depot 15, 3M6. Bring it up. You get Chevron. Six positive points. Visa 5, Goldman 5. Boeing's going to be approaching that 361 low, maybe? Yeah, it is. It is. This is the danger point for them. This is the danger point. Yeah, 361. 361. We hit 362.92. Okay. What you want to do out here today, would you be watching, folks, this is big volume already, because we're going into 10.1 million. And, you know, you get this other monster out here, 34, but you... And that was day one, when everything got grounded, yeah. Right. It'll do more than 10 million today. So the real question's going to be, does it hold at this 361.57? And I wonder if you're getting some of that Delta had their earnings, like that could come into... I heard it. I know. And the Delta didn't hold price. The Delta didn't hold price. Oh, look at that, though. It opened at 59. Yeah. Right. Open at 58.97, which is the high, and just sold right off. Man, you know, well, what's going to happen there, too, is that, you know, when you take a look at it, I've got to get this new somebody... GLCO. I know. This is kind of cool. It is. They assemble it nice and organized. Because when you look at it this way, you have to get into... Let's guess. I think, now, where's the diesel? Interesting. Heating oil. That's going to be the diesel. Okay. So, as we're talking energy, and you're talking alloys, that diesel price is a monster. Yeah. You know. Definitely. So, when you're looking at the charts, folks, well, when you look at my Bloomberg, the heating oil and diesel is the same thing. That's how this is shaken up. Okay. But that's what allons use right there. So, you can see, if we brought that chart up, too, you're going to see that. It goes up pretty dramatically. So, just to dig into the actual numbers. So, they had earnings per share, 96 cents. Compared to 90 was the estimate. Generated revenue, 10.47 billion. Quite a number, man. 10.42 was the analyst's estimate. Companies' profits jumping 31% to 730 million. So, that explains why it was so much higher coming into the open, man. But what happened on the sell-off, right? So, investors were expecting a strong quarter from Delta, especially after it raised its earnings and revenue guidance just last week. Okay. Exciting, healthy demand and high record performance. Can you pull up that chart again of Delta? Yep. I just wanted to see. Yeah, so it already had its run. You know, I believe that was when they came out. So, it was trading at 52 before they guided up and they're trading at 57, but a little bit of a sell-off. So, let's go to the oil market. Speaking of oil numbers out here, 10.30. That's right. So, it's Wednesday, 10.22. We get those numbers in about eight minutes. There's our crude oil chart. We're trading at 64.33. To jump around here to see what kind of action we have, we'll start it off with the 11 a.m.s. So, the 11 a.m.s have 64.25 as a price point where you can get an exposure upward, downward. Not bad, right? Yep. You're only eight pennies away. The bullish spread would be the one that has some intrinsic value because you're eight pennies above. You're looking at about 20 bucks on the bullish side. Your bearish spread is going to be the same thing minus the intrinsic value, right? So, about $11.12, $11.31. So, $31.31 away from 64.25. And those are your 11 a.m.s. So, you're only going to have about half an hour after we get that news. Jump in to see where the noons line up. Okay, exact same price. Oh, no, wait. I had 64.25, right? 63. All right. So, 64.50. Yeah, different level. I thought it was 65.25. 64.25 was what we're using. Now, this is a great example with, okay, we just did the 11 a.m. The 11 a.m. has exposure from 64.25. You'd have a little bit of a bullish head start. What if you said, you know what? We're at, like, the 65 level. I'd rather have, like, a little bit of a bearish head start. Maybe it won't get above this 65 level. Well, there you go. Now, you have 64.50, where instead of having, on the other side, Now, you're positive, you get the 18 negative. Exactly. So, this is going to be your bullish spread, which is completely out of the money. Now, the cheap one, so about 12 bucks. And on the bearish spread, that one's going to be the intrinsic value. $40 instead of 31. But again, this one... And that's what it's in 50. Right. Yes, yeah. So, 40 cents away from 64.50 becomes your break even. And let's see how the dailies... Okay, well, that's nice. And the 230s, these line up the exact same way. 64.50. That would be the bullish spread. And I always like to see, so you can see the market. Not that big of a difference, right? Right. Number one, this one's still noon. This one's still 230. And you also have exposure to 67.50. And you're only paying... Look at that. Two ticks, three ticks, right? Yeah. Difference. Not bad for that extra hour. So, there's your bullish one. Going to be about 15. Close this out. Your bearish one. Going to be about 30. So, 45. So, went 30 bucks basically at 11, right? 40 at noon and 45 at 230. Take a look at this. So... It seems like in recent weeks, as you pull it up, we've gotten huge misses where you could have seen the price plummet, right? No. We had a build of 7 million barrels, maybe last week. I don't even think the estimate was that much of an increase, if not a decline. It wasn't. It didn't move. And we still go higher. Yeah. So, like out here this morning, that's the first down one. Interesting, man. Okay, so that's down to... Yeah. Well, guess what? You know... What are you doing? I think it's going to go south, man. South, okay. You know what's interesting here? Yeah. And this is wicked, folks, because when you take a look at this, you know, it's pushed higher with volumes. You can see this volume right behind it. You know? That's the good volume here, those last few days, right? Yes. Now, that being said, now watch this when I break this down intraday, and you're going to see that your two cells, you know, are really down. You know? That's what I'm looking at. Sure. You know, the sell down yesterday at 9.40, you have another one with volume. There's this little one right here. You know? So it's like, okay. Yeah. That looks to me like that's where I would like to go first. So that's going to be intriguing, too, because what we do have here is that the oil market has been going right along with the S&P. Okay. I mean, you know, we look at that, they're both the 7.24 blows. Oh, for sure. Quite a turnaround, yeah, from Christmas Eve blows. They're both up at highs right now. Yep. You know? They're moving together. We're complaining about the price of gasoline. Yeah. They're going to get up. If you just wanted to go bearish, right? I mean, there's still great trades, man. We always look at both sides. But here's one, you get the market trading at 64.37. Yeah. You're selling at 15 pennies below the market, all right? Yeah. That's the sacrifice you make. But your losses are kept at 64.50. And you're putting up 20 bucks and you have exposure all the way down to 61.50. That's pretty good. Not bad with those numbers coming and that's until 230. Yeah. All right. Yeah. So you have an idea folks. Tommy and I are coming right back. Our phone number is 8779276648. We have the Dow Industrial Trading down 12, down 33 rather. NASDAQ is up 19. S&P's are up 2. Come right back. Hi, folks. Tom O'Brien here. If you'd like to get my daily newsletter and market insights, then now is a great time to sign up for a 30-day free trial. Every morning by 9.30, I send out my morning letter to subscribers with market commentary on a variety of markets, currencies and commodities to keep investors up-to-date on the day's trading action. Included in market insights are specific buy and sell recommendations for stocks, ETFs and even options, with stops and price targets included for every trade in my newsletter. 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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. So, crude crude inventories rose 7.03 million barrels. That's right. So we had at least the Bloomberg user survey looking for a gain of 3.2. Definitely above that level, jumping back to the chart. The initial thrust, you would think, negative action, but still, just like we're talking about, right? Seems like every week, there's been more of a bill than they think that should cause prices to pull back, more supply, and basically a non-reaction in terms of sitting at 60% and in terms of sitting at 64.31. We were sitting at 64.31, right, as we were coming into this number. Right. See what happens. They're going to come up with a lot of numbers. Gas inventories falling 7.71. So they were talking about this as well. I'm going to scroll down a bit, right, because I was mentioning that and part of the... They give you kind of a what to watch for here. Crude unit outages at refineries. Now, that's the head of the number, right? Just talking about our still trending high. Last week, we saw 1.5 million barrels a day offline talking about refineries. That's a bullish signal for gasoline. Right. And that number kind of reiterating that news, right? Yes. You have a huge inventory fall of 7.71 for that gas market. Crude oil inventory is rising 7.03. Yeah. We'll put that back up, and let's just check back to the price one more time. Oh, we're going higher, baby. We're going higher. Look at that. It's got to be tough if you're short there. That's why it's nice to see some of those trades, right? You lost a cap to 64.50. Oh, it's huge, man. Not bad, yeah. Because this market is crazy. You can be trading an inventory number. The estimate on Bloomberg's 3 million barrels. We'll pull up the median analyst estimate as it pops up there, and nonetheless, 7 million barrel build. Right. And the market's like, we're trading higher, man. Right. And that's one of the targets saying there. You know what? We use gasoline. We don't use crude. Gasoline uses crude, to be fair, but that's where that comes in. Oh, yeah. But it's still a crack, do you know what I mean? Yeah. There's a lot inside that barrel than gasoline. Oh, for sure. The plastic market is a lot of different markets. That's the refinery. Hey, the refineries are offline, man. No gas is getting made from that crude. Yeah. Let's go take a look at the gold market. So gold's peaking its head up. Now, we need more volume. Yesterday, you know, we had 194,000 contracts. Oh, it's going to be good today, 135. Okay, so we got a lot more out here today. I think we did 194 yesterday. 200. We got to 200. So the day before was 208. Yes, there was 200. 135 is good right now. 135 will get us into the maybe 210 area. Okay. And real question's going to be, how long can it stay over this 1309? Because this is going to be a good number. And what happens, if you know, if you're watching Tiger TV folks, you're seeing we're at the top of the range right now, right? Yes. So when you get to a top range, or a bottom range, it's like, okay, what are you going to do? Are you going to make it a break? Sure. Who's going to take control of him, man? You know? Are the bears going to sell right into it again? Are the bulls going to basically turn around and say, okay, give me 200 contracts. Hit that button and say, yeah, we go top side. Let's go over to the dollar. Because the dollar index just does not want to give it up. Look at this. It's just hanging at highs. Anything over that February high of 96, 685 is in the higher range. Well, that sell-off on the euro definitely popping the dollar. It did. It took it immediately. 60% of the dollar index, I believe? Yes, it's 60%. So quite a sell-off. Yeah. Of course, that's going to pop that dollar off the lows. There you go. And then you got... Almost the same move. Almost half a penny from 96, 4 to 96, 8. Yeah. Except in the 96, 7 now. And then the pound. Whoops. This is just amazing how the... they just can't get it together, you know? It's like... And the thing that's amazing, it doesn't look like they're going to get it together. I mean, if they give them a year, the next time we talk about it will be seven or eight months from now. Oh, yeah. And the flip side of that, though, which is why it was so almost hysterical that they were extending it by two weeks, is that they couldn't get it done three years. Why? It was like three days going to do it. I know. They have a lot of issues still to go through. I know. So that's why some of those people are saying, don't want it two weeks a month. There's not the deal here. We need like a year to really go through all these issues if you want us to be on board with what you're doing. And unfortunately, she has very little leverage now on her side. So you've got to make those concessions. Zero leverage. It's quite a ridiculous story. No doubt. So let's see, inside the heaviest trading equities for this time of the day, anyway, now you get Lyft is sticking out. That's about the only one. Lyft is down three and a half dollars. You got Olivaistros. That's a new IPO. That's up a box 10. Yeah, not bad. And the limit. Trading 22 bucks. We're just looking at some of this. Some of those numbers over here. So you first earnings since release since their IPO. So they came out 37 cents on revenue of 1.44 billion and they're up 25% year to date the stock. So people, they like their genes, right? You were in genes? I got some genes. I am. Exactly. And when they came out, I think they just went public last week. Okay. And I think that when they came out, what their mantra was is that, yeah, they're the gene people, but they evidently have been making a huge amount of money just on shirts also. Okay. And there it was. So March 21st. So they've been out a few weeks. That was their IPO. Yeah. And they began trading at $22.22 a share after having priced at $17. So quite a little game they're playing, saying it's up 25% on the year, year to date. But if I'm correct, I believe that's off of their IPO price. Yeah. That's off the 17. Yeah. Which is remarkable to say that when in reality they're trading basically at their opening price. Right. Yeah. But first earnings they delivered. So that's probably quite a hump to get over in that company in terms of coming out with your first earnings. Oh, yeah. Listen, you know, there's plenty of these companies that they push, push, push to get IPO'd out there. All of a sudden, they spent all the money the prior year to push, push, push. All of a sudden the sales are like, oh, the losses are more because we spent more on marketing to get to push this baby out the door. They build up to that moment and then they can't deliver on basically the expectations they set. So let's go take a look at that bond market because let's see what put fire underneath this thing. This was when I was on the way in, this was a flat market. There it is. Okay, so what time? Probably some of that same time we saw the currency action, I guess. 8.30, so CPI data. That's, there you go. That's when the run begun. Now, what's going to happen out here today? This is going to have volume. This is good, man. If you want less expensive interest rates, this is going to have volume today. We've already done 791,000 contracts. Yesterday we only did 1.2. This will do, this is going to do a couple hundred thousand contracts today. So these bonds are on the way again. That's the third, that's the 10. U.S. 30, probably, oh, 122, that's good. I think we only did two something yesterday. So the 30, yeah, we did 223 yesterday. We're already at half of that, 122 right now. So these are moving, man. These are going to go right back to the highs. They just peaked their head over the last five days. Last five days we were testing the strength from the 22nd of March, did it with light volume. Had a little volume yesterday, but you're going to have to pick up today, which is going to be pretty well-watched. So we have on the 10-year, 2.474, so we ducked under 2.5 again. It's pretty amazing when you actually just think of, oh, I heard an analyst today on, this is a pretty cool stat, folks. So I checked this out. An analyst was on Bloomberg, and he was saying that, hey, listen, we think that the Fed's going to go down, cut twice in 2019. Okay, wow. Cut twice. Yeah, I had to adjust my head first. Yeah, exactly. I had to adjust my head when I was listening to it, too. Cut twice. Yeah. Hikes are off the board. And what it was about, folks, is that, he was saying that, well, they had historians that once that they stopped raising rates, they cut very quickly after that, and they always claimed that they're not going to. You know. 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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 for the latest market information. Folks, Dow, Dow Industries, Dow 11, Nasdaq's up 30 S&Ps are up four and a half. Let's go over to our MMS, the Teddy Cakes status. We do each and every Wednesday at 40 past the hour. You can reach Teddy every trading day, folks, at 4x-trading-unlock.com. Teddy Cakes, what's going on? Good morning, guys. Pretty interesting action of currency markets today, I would say. Yeah, you got some big movements in that year, oh man, that was a fast move, no doubt, right? Well, you know, the ECB not doing anything with rates, I think that was probably one of the biggest things. It kind of got the move. Now, if you guys look at the US dollar, Swiss, that's like above parity again and right now the market's bid, at least it was the last I checked at. Okay. So right now you have the US dollars above parity with Swiss. That's a nice reason the dollar index is high. The euro is selling off, but interestingly, if you look at the sell-off in the euro, it was much lower before and now it's coming back. Yeah, interesting. The other ones are still bid. Now, I was kind of wondering, I'm like, why is it looking like that? And then I looked at the euro, excuse me, the euro of Swiss and the euro of Swiss has been nothing but rallying for the past month. So it's pretty interesting to see how the Swiss is falling to the dollar more than the euro actually is today. Yeah, that's interesting, man. So what do you think, you know, when I was looking at that, it almost looked like the euro wanted to move higher the last few days, Teddy, right? And then I'm trying to correlate with, okay, does that have anything to do with Brexit? Non-Brexit, do you know what I mean? The euro seemed like it was going to be happy when Brexit was going out for a year, do you know what I mean? Then Draghi came up with small and said, okay, I'm not that happy, man. You know, I want to get to a lower price because that euro at that 112.16 is kind of a dangerous place for it. Absolutely, absolutely. Because it's flirting with that 11.5 area, which seems to be the bounce point for the market right now. So I agree with you. I think that a couple days ago, I was looking at the euro and I'm just like, this really seems like this slow creeping little bull may try and extend itself, and then of course over the past couple days, it fizzles. Yeah, exactly. And I think that that has more to do with some of the numbers coming out and then you had the deal, I mean Brexit's supposed to happen Friday, right? And now with these ridiculous talks about extending it a year. And I actually had an interesting conversation over the weekend with someone who's from Switzerland and they're actually a trader, but they live in Dubai. So I'm like, what would be if they just did the Brexit Friday and just said, okay, Brexit's over, but we're just going to deal with these things on a day-to-day basis and just address them as they come. Wouldn't that be a seamless way of moving on and making everything happen? And he said that's what people wish would happen because that would be common sense. But the thing is the EU doesn't want to let go of the UK. That's ultimately what the thing is. Listen, man, power never likes to let go of anything. You have to take it. It is what it is, right? They're part of the organization. You want organizations as big as you can be if you're a bureaucrat, right? Sure. And the thing is the UK has always maintained the power. So their ability to leave the EU should be actually a seamless one. And it's not being one. So that actually I think is also scary for the rest of the EU countries, which also starts to weigh on the euro because not coming to a deal is not good for the EU either because it means that they're not willing to compromise. Right, right. And even inside of the couple of press releases they put out, it seems like the EU's worried that even if they give them the extension, I don't mess with that business when I give it this extension for the next year. And I'm not quite sure how they can mess with their business, but... Well, they get to vote, man. They're active players. That's what I remember of the EU for that year. Right. And look at the pound dollar right now. Today, with the dollar rally going on, it's pretty neutral. It's not doing anything. Right, right. Yeah, I know. Just laying there at 130.73. Yeah. And it's just like a flat line, just a little range trade. So it'll be interesting if the dollar Swiss stays above parity when it's higher and can continue over the next couple of days. Well, obviously the trend is pretty solid and there's a bull in place. But I think really it's kind of skittish. I think it's just a little news reaction, trying to figure out what's coming out with Brexit where nothing really is there. I mean, most of your currencies, you got the pound, you got the yen, you got the Australian dollar, and the Canada. They're basically stuck in range trades. Yeah, just as you were speaking, man, I just brought the Swiss franc up, you know, going back to 2000 and FOA. And this thing's been in the same place for what, 2011? Man, that's a tight range for that, isn't it? Right. Exactly. So it's just because the ranges have gotten so used where things look valid over where they're at now. But if you really, like you said, look at that, they haven't been going anywhere. Look, so at one point, that's amazing actually. So at one point, the Swiss was $1.80 to the dollar? Yep. Wow. And then 2000 happened, right? 2000. That's, I mean, seriously, quite a fall off from that level, yeah. Holy cow. Right. That's, man, the Burgers then must have been worth a fortune. No, no, it's just the opposite, right? So $1.80, is $1.80 to $1.00 But is that stronger or a weaker Swiss? That would be weaker. That's weaker, okay. So the Burgers will, so now the Burgers are more expensive. Right. Oh my God, yeah. Right. $50 for a big Mac over there, right? You know, I'm exaggerating a little, but you hear the stories. The stories are pretty amazing, right? Right. Sure. Sure. What else do you think we should be looking at in the next couple coming weeks here? Actually, I got a trade for you. It's setting up. Yeah. New Zealand dollar, US dollar trade. If you look at that chart, they stamped below a few days ago, and then over the past few sessions, the past two days, they settled slightly higher, just a little bit. And today it's flirting with just being slightly negative, slightly positive. So if they can get a slightly positive close today, and then tomorrow, if you are near those lows, if they can take out that low from three days ago with a sell-off, which is possible with some numbers that are coming out tomorrow, there could be some action in that market, actually all the currencies. So if the bears come out and take that out tomorrow, then you're probably looking at an extended bear trend for probably the next week or so, maybe even two weeks. So you can really see it take out some heavy support levels. Yeah. You can see going back there, so at 67, going back there, what, in December or January, it's 65. Yeah. This whole currency market is so intriguing, man. It's a lot of variables. There's always a trade somewhere. Yeah. Yeah. Now, the Chinese won, though. That's not tradable, right? Is that because they have such controls over it? Well, no, you can, there's FX products on that. You can trade the one. Absolutely. I was just curious. Yeah. Pretty wild. I would do it. I'd stay away from that. No, for sure. I just wanted to know more than anything. Do you know what I mean? Do you have an insight track in the Chinese government? You know what's coming next? No. That would be good, right? That would be the ultimate. Listen, folks, you can check out, Teddy, every trading day, 4x-trading-unlock.com. Teddy, you have a great week, safe week. I'm sure you were later that it's spring up there. Can I look out at Lake Michigan? Get a little bit warmer for you. Absolutely. Have a great one, man. Have a safe one. Thanks, Teddy. Thanks, Teddy. Stay right there, folks. Tell me how you come right back. We have the Dow Industries down 14. NASAC's up 38. S&P's up 5.5. We'll come right back. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trade that we tigers and tigers share. 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Get your two-week free trial to Basil's newsletter, the opening call today by visiting TFNN.com. Welcome back, folks. So, we get a little action in this oil market. We sure do, man. These are five-minute bars we're looking at. Just making sure they show us. So, 10.40 a.m. 10 minutes to digest that news, right? Yeah. We trade from 64.40 down to 64.06. Now, sitting at 64.10. See what happens. We get a lot of time left in the day. Not even 11 a.m. yet, and it looks like that inventory has been quite a build, 7 million plus barrels. Maybe wait on that price a bit for the first time in a while. And we were looking at the 64.25 and 64.50. Correct, yeah. The 64.50s were the ones we looked at more often. They were the bearish ones, yeah. And the 11 a.m.s are the ones that had your 64.25 as your price point. Right. The noons in the 230s were going to have 64.50 as your price point. See what happens. Yeah. And, you know, as we were doing, was it, let's see, is that, yeah. So, this gets interesting. NQM. Yeah, quite a spike, right? When we were talking with Teddy, yeah. Take a look at the spike inside the NQs. We'll see what, put some juice inside. Look at that thing. Definitely. So, get us a little bit closer for us. That's the spike. So, when we were just talking with Teddy, folks, the NQs just went from 7601 to 7624. These things love to move. No, it's only a third of a percent, basically. No. In the span of no time. And so, you got AMD up 2.7 percent, Workday up 2.6, Xilinx 2.5, and Autodesk 2. Taken away from it, Baidu 2.5 down, NetEast 1.8, JD 1.8. Let's go look at AMD and see if... That was steady all the way up there, yeah, exactly. That was a quick hour. Is it over? It's over. Oh, man. That's it. That's really quick. Oh, man. TD Ameritrade and Basil. That's right. Steve, Dave, we're rocking this. Stay right there, folks. We've got some great programming coming up. Thanks, Bill. Thanks, man. We'll get them, folks.