 The following is a presentation of TFNN, the morning market kickoff with your host Tommy O'Brien. Good Monday morning everybody I'm Tommy O'Brien coming to you live from TFNN 906 AM. Thanks for starting your day with me. We're going to check in on the markets to kick things off and we got some volatility already. Let's jump over the VIX to kick things off. You heard, if you heard the market update, we have a little bit of negative action. We've got a VIX spiking back to above 19 this morning, S&Ps happened to be up last night. I think it was like 1-1-30, I checked the markets, I said, man, the markets, they are relentless. We're charging higher in a big way just like we did to end last week. Not so quickly. You had Europe opening up and about 2 AM we make a high of 44.72, now over in Europe right now you're positive across the board. You got the Dax up 3 tenths percent, FTSE is basically flat to positive, Kakarol up 2 tenths percent. The markets in the U.S. though trade down about 1% on the S&P from the highs of 44.72. We're sitting right now 41 points below that price level at 44.31. Still if you compare the S&P, you are above where we opened that on Friday. I mentioned that because the NASDAQ 100, as I jump over, actually below that price level where we opened on Friday. NASDAQ 100 up to 15,399 just like that, we give up almost 250 points to the downside. We have some rising yields this morning. They're talking about the Dense and maybe finally the NASDAQ woke up to some rising yields. You get the NASDAQ down almost a full percent from where we closed out Friday's action at 15,172. We'll jump over to those yields in a moment. We're talking about almost 1.5% as I pulled up right now 1.499, can't get any closer than that. We'll call it 1.5% on the yield on the 10-year. The Dow, excuse me, positive but barely by about 21 points. Now you see where we are on the Dow, right? A decent, you're talking about decent, you're talking about 250 points above where we opened on Friday. Point being, you have the NASDAQ 100 actually below that level, seeing some divergences, some weakness in the tech stocks, some strength in the Dow. You get the Russell up three points again compared to Friday's action above that price level 2246. You had the Russell though, we were trading at a price point of 2263 overnight. Bitcoin catching a bid up about $1,200, Bitcoin had some severe volatility on Friday and last week really you put it up on the daily for Bitcoin. There's your first, well I say first, right? It's been a couple of dramatic sell-offs. A week ago, you really get an acceleration from $47,000 down to $40,000. We skip off that price level, Bitcoin trading $43,000 out of curiosity. Let's see what kind of a pullback we did get on this retracement when you traded from $30,000 to the recent highs of $53,193, right at that 50% price level is where we bounce at the beginning of last week. Back to short-term charts, we pull up crude, relentlessly higher in that crude market. Last Tuesday we're trading with a 69 handle, today we're trading with a 75 handle, 7535. You put it on a daily, I mean next stop is right at 76.98, this could be a critical area for crude here. You've just accelerated from a price point of $65 on August 23rd, so about in a month. A month in four days we'll call it, you're up $10 in the price of crude. That's a 15% move. No, what is that? $10, yeah, 15%, 16%, 17% move in just about a month and we're pushing those higher limits on crude. Interesting to see how crude's going to react with the highs up there. And yeah, it's got a 76 print, folks. But if you pick the tops of these bars, we're basically right there, right? You look forward, whether it's, now these are dailies, July 1st. We have the bodies, that's what I was looking for. The bodies of these candle spokes matching up right where we are right now, 7536, we'll see how crude reacts. We take a look at gold, gold right now positive by a dollar. You look at the 15 minute chart, we were low, it's a 1745 this morning, we're up to 1752. Silver right now up 21 cents at 2264 and there are your notes and bonds. Talk about a deceleration to lower prices. We'll put it on the daily, and man, this is a critical area, just like we were talking about in crude, 1.5%. Before when the market seemed very, very comfortable with the yield of 1.5%, that time period stretched from about the beginning of March, all the way, basically until the beginning of July. You're talking about four solid months where we were just sputtering along at about 1.5% or just under 1.5% for a yield, well, we're back above it as I speak, folks. You get the 10 year right now at 1.501%. You see the spike, we're trading to lower prices, we're down another almost 10 ticks at 1.3123, the 30 year is down 24 ticks right now at 1.6007 and we jump over to the VIX. As we wrap up the kind of the market take, we're trading at 1.908 right now in the volatility index. All right, as I mentioned, NASDAQ leading the way down right now, although other markets pretty muted, right? You get the S&P down 3.10%, but you get the Dow barely down 0.08, not even 1.10%, it's positive, excuse me, you get the Russell positive by barely a 10th. So the NASDAQ really taking a hit this morning below where we were on Friday. We take a look at the daily in the NASDAQ, take that off, put this up here. Quite the pullback we got, whether it was from September 7th, you hit a low last week, a week ago today, that was the sell-off. It's remarkable that that was a week ago, right, folks, when you think about where we were, all the markets were cascading down 1% to 2% to 3% almost. By the end of the week, we forgot it almost happened. Well, we might get a little bit of a reminder this morning with the NASDAQ opening up down almost a full percent. Let's jump around to some of the fang stocks this morning and see how they're trading. We got Amazon shares trading a little bit lower back to the short-term charts, trading down about $30, $35 at $33.83. We got Apple shares this morning. I mean, you're going to have all the tech stocks, not all, but predominantly trading lower when you got the NASDAQ 100 down a full percent. You have Apple trading down a buck 30, always remarkable when you look in the market capitalization swings of a company like Apple, 16.5 billion shares I think we're talking about just this morning. They've lost 20 billion with the B billion dollars of market capitalization staggering Microsoft shares right now down a couple of bucks as well. We jumped to Tesla shares, Tesla Elon making waves over in China up to the high of 777 overnight this morning. We're basically flat. You're down $3 on Tesla shares trading at 771. Let's jump around some of the airlines this morning. You got American trading higher. That's where we are getting some strength. You see the acceleration they have had recently. Look at this run, right? Just in, well, let's back it up a little bit to show it again. A nice area of support here when you look where we are. You bounce in July. You bounce again in August. You bounce again in September. And just like that though, we're approaching the highs that we had back in July as well, $21.39 though. We're up about 40 cents, excuse me, in the open on American. And now before we jump to the rest of them because it ties into the airlines, durable goods out this morning. Core capital goods as well. Core capital goods rising 0.5% after upwardly revised July print. This news out at about 8.30 AM this morning. Orders placed with U.S. manufacturers for business equipment strengthened in August extending to six months of solid run of robust capital investment that's helping fuel economic growth. That's how they put it. Now core capital good orders, which exclude aircraft and military hardware. Aircraft is going to be a big one on this one because of the rise in aircraft orders that we've seen. Seen as a barometer of business equipment investment. Increased 0.5% upwardly revised 0.3% a month earlier. Bookings for all durable goods. So this brings back in airplanes and military 1.8% from the prior month reflecting the pickup in orders of commercial aircraft. The median estimate they were looking for 0.4% in the core and 0.7% in total. So 0.4% barely off what they were looking for. 0.7% a little bit more off. And we're going to get into some of those aircraft numbers in terms of 53 orders going in August up from 31 a month earlier. We'll take a look at Boeing. We'll take a look at some of those airlines. Right back. Golden ratios give shape to everything in our world. Represented in the Fibonacci sequence. These special numbers define the patterns that make up our universe. Not even markets can escape the omnipotence of these ratios. Larry Pezzavento is a 45 year market veteran who has published nearly a dozen books on the powerful patterns we find in nature and their relationships with the ever elusive markets. Larry's newsletter Fibonacci 24-7 will teach you to harness the power of these natural golden ratios in order to create successful trades. Fibonacci 24-7 is designed to teach the tools you need to identify and act on these undeniable and reoccurring patterns. Sign up for Larry's newsletter Fibonacci 24-7 and you will also receive free access to his trading webinar trading strong trending markets. Try out Larry's newsletter risk free. All of TFNN's newsletters come with a 30 day money back guarantee. TFNN educating investors. What's separating you from the most successful men and women on Wall Street? That's right. Information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market profile based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks, ETFs, commodities, futures and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. For a limited time you can save $100 off your first month by using the promo code upgrade. You still get a 30 day money back guarantee so you have nothing to risk. Level the playing field with the TAS Profile Scanner which you can find under the services tab at TFNN.com. Sign up today. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious tech either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30am to 4pm Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. Welcome back folks. We have the S&P's negative 13 points right now. We've got about 12 minutes to go until the opening bell, jumping back to the airlines and the aircraft manufacturers. Boeing, take a look at Boeing. Boeing up about $2, $2.50 this morning catching a little bit of a bid. We've got the Dow and positive territory being helped by some of this action. You take a look at the 15 minute, you see the acceleration higher. Now I'm going to put this on a three-year weekly for Boeing. All right, we dived to a low during COVID of $89. Since then it's been a slow crawl, but it's been a slow crawl with some volatility. You rise to a level of 234 by June of last year. So you're talking about if you were a buyer on that acceleration folks, 15 months later, when the market has accelerated greatly, you are actually negative. 15 months later, you are still negative in the price of Boeing, let alone we were just trading at a price point of $278 back in March of this year. You're trading at $221. I point it out because we just dipped below the trend channel line. Recently over the last few weeks, this is a weekly bar. We're climbing back up to that level. This goes right from the lows, from the low we've made back in November before the market accelerated higher, an ode to our man, Bud Robs, the channel master. What you would like to see here, folks, is that potentially you get above the channel line, you come back, you test it, and then you bounce. And that's where maybe you look for a bid in Boeing. You can always set your stop below that channel line and getting out. But nonetheless, we're seeing all of them trade a little bit higher. You look at American, back to a daily this is. Now American Airlines, we're trading up to $21.74 this morning. You see the acceleration we've had recently. Now American, if you go back to the run we had from November, all right, you accelerate higher with the markets. You pull back to a 50%, Delta and United made it all the way back to a 618. Delta, there's your 618 before it's accelerated higher. You're pushing almost $44 this morning on Delta. Okay. And what did I say, United? Yes, United. There's your 618 as well. This morning, you're trading above $49 for United shares. So all of them catching a little bit of a pop. The cruise ships as well last week accelerating higher and continuing that trend this morning. They released some information in terms of 2022 bookings looking pretty good compared to pre-pandemic levels in terms of where they'll be at. You might have to wait for that one, but the market really like an idea. Percentage wise, you look where we are folks. Just last week, a week of go, a week ago, excuse me. You were trading at $23.14. You're up more than 10%. What are we, we're almost pushing, excuse me. The lowest, 22.62 and we're gonna almost open at 26 today. So you're talking about 13, 14% pop in this market above any of this consolidation we had for the better part of July and August. And you get back into some of the economic numbers shaping that. Bookings for commercial aircraft increased 78%. Now that is the 53 orders in August up from 31 a month earlier. Aren't always directly comparable on a month to month basis in terms of the governmental data there. Outside of this big aircraft increase, which is gonna hit durable goods, it's not gonna hit the core number. Outside of that, bookings were mixed, all right? It came in at 0.5% the core number. They were looking for 0.4. Orders rose for communications equipment, electrical hardware, and fabricated metals. They declined for motor vehicles, computers, and machinery. Unfilled orders for manufactured durable goods and inventories, both rose illustrating lingering bottlenecks and long lead times faced by manufacturers. I'm gonna use that opportunity to jump to this article. Delta supply chain pain lingers on Bloomberg trade ticker. So Bloomberg's got a ticker up here now. We're dealing with so many supply chain problems. They got 10 trackers, 10 tracking gauges would be the way to put it. All 10 of them were normal heading into the final week of September, which sounds great, right? But two months earlier, you wanna have them above normal, folks, when you're coming into this, all right? So they're talking about, this is the latest dollar available for shipping, sentiment, and export volume indicators. Red is below normal. Green is above. Port of LA, they were above, right? You see. And then you go to the last two months, July and August. Decreasing numbers, pulling the number below. You look whether it's Singapore, Hong Kong, the Baltic dry index. Then you get into sentiment, German expectations, US new exports. I mean, you see the trend here, folks, all right? Taiwan exports, a big one there, right? Korea, a big one. All of these dropping from surpluses to barely positive to potentially shifting to negative. You get into prices, US imports, higher levels, right? Electronics from China rising in a big way. Europe producers rising. Commodities, CRB metals rising. Something to keep your eye on, folks, is those trends seem to persist in a big way. As we charge forward there. All right, what else we got going on? I'm going to jump to an important one, just in my opinion. Facebook, folks. I always say Facebook is not healthy for you. Anything in moderation can be enjoyed, I guess would be one way to put it. Facebook shares quite an acceleration on Friday. You're down about three bucks this morning. This story, just an opportunity to kind of focus on it. Talking about the, it's pausing the effort to build Instagram for kids. Thank goodness, folks. Keep your kids off social media as long as you can. Social media, great to pay attention to pictures of relatives and stuff like that. But the stuff coming out recently about Facebook, it should be a reckoning moment. I mean, the internal studies they have pointing to whether it's teenage girls, that it just crushes them personally in terms of comparing themselves to an unattainable normal that is out there on social media. Now they're going to try and do it for kids while even Facebook is realizing that it might not be the best time for them on the PR battle, probably to push out a product that they even themselves have talked about is not beneficial for young people in terms of what Instagram has done to young women out there, let alone the other problems social media has brought about. You know, I saw a great interview this weekend. It was on Bill Maher's show. I kicked it off. I'll get the guy's name. And he was just talking about, in particular, what Facebook did, right, is that they took out one of the biggest important elements of communication, which is being able to see somebody and being able to read their reaction and read their feelings of how you react to them. And I know I'm separating from the market, but it's important when you have companies like this taken over the world and now they're talking about maybe they're going to push products out to children as young as they can, of course they are. And I thought it was a great point that they basically said, you know, people, they love to argue on Facebook. We all know that, right? The political discourse on there is bananas for lack of a better term. And one of the reasons why is because so often, if you were having human communication in person, you wouldn't be so harsh because you see the person in front of you and you see how that harshness makes them feel. And Facebook has completely sucked that element out of things where you can just go ballistic for lack of a better term again online without having to feel the effects of that harshness and the rhetoric and everything that goes along with it. I mean, the other factor I always throw out there is that people on Facebook love to complain, folks. It's like a cork board for complaining. Nobody goes on Facebook and people do and kudos to them. But most people don't go on Facebook and pull up their account and say, hey, guess what? Today's a great day. Just kicked my day off with some coffee, another beautiful day staring at some sunlight. Some people do, folks. Most people don't. They go on there to gripe to complain. It builds an atmosphere where that becomes normal. It's festering in terms of people's minds. Keep that in mind. I got young kids in the house. I'm trying to do my best to keep them away from that stuff as best I can. I'm very fortunate myself that I grew up in an age where I didn't have to deal with social media, especially going through high school or something like that. My goodness, high school was tough enough, let alone having the pressures that come with social media and following and your public persona that you put out there. So be aware of that. We got to fight back against this stuff. And thankfully, they're pausing that. But Facebook, man, Instagram for children. No, thank you in a big way. So even Facebook probably realized that was a no-no. They're down about $2.50 with the market this morning. All the tech stocks trading lower though. Not sure that's really an impact on anything having to do with that story. But stay tuned, folks. We'll be coming back. We'll be back in three minutes to the market open. We'll go over what other equities we got moving to start Monday action. You get a lot of fed speak with Chairman Powell as well. Tuesday, Wednesday, Thursday. Talk about that. I'll be right back. Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den trading room only at TFNN.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows. Interact with other Tigers and Tigers as they share trading ideas, news analysis, and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community. TFNN Educating Investors. Get expert investing advice to give you the power to control your financial future. Go to TFNN.com and find the newsletter for you. Whether you're into trading gold, metals, futures, currencies, or options, you'll get advice and analysis to help you seriously get ahead. TFNN also features trading services with a 30-day money-back guarantee for new subscribers as well as TFNN's Tiger's Den trading room, trading software, and educational webinars for all trading levels and make sure you check out Tiger TV for free on TFNN.com or TFNN's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. Eastern on market days. Stop watching on the sidelines while other people get rich and become the investor you were born to be. TFNN Educating Investors. Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an upstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, the Art of Timing the Trade charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the Art of Timing the Trade charts today by visiting TFNN.com. Welcome back, folks. 9.30 a.m. Monday morning. We've got markets open. We'll get the S&Ps negative by 10 points. NASDAQ 100 negative by 119. All the markets catching a little bit of a bid here right out of the gate. We've been open for about 30 seconds. You get the dial, though, catching a bid. We're up 65 points right now. You get the S&Ps negative by just 8. You see that we were at a price point, whether it was about 8.30 this morning. These are five-minute bars. You were at a low of 44.27. We're trading at 44.34. We have Bitcoin up $1,385 just near 44,000. We're crude, continuing to see some strength there at 75.44. And we'll jump to gold up $1 this morning and then finish it off with notes and bonds. Catching a bid after kind of accelerating lower, and I say catching a bid, right? We're negative 6 to 7 ticks right now. But things looked a little bit dire on that durable goods order coming down to about 131.19. Right now we're at 131.26. You see kind of bumping up against that upper boundary line for the pre-market session. All right, as I mentioned, we got a lot of Fed speak from Chairman Powell this week. As he is going to be in front of Congress on Tuesday and Thursday, he'll be in front of the Senate on Tuesday. He'll be in front of the House on Thursday. And he's also going to appear on a European Central Bank panel with other central bank leaders on Wednesday, Tuesday, Wednesday, Thursday. We get Chairman Powell action on all three days. We'll see if that changes anything. Not really sure he had the opportunity if he wanted to change anything in terms of the discourse. Last week did not see that happen. And I don't imagine so this week. The other thing hanging out there this morning is you have Boston Fed President Rosengren. So he is announced he's going to retire September 30th, nine months earlier than planned. He was sent to retire in June of 2022. This announcement due to health concerns is how he puts it in his release there. Hopefully he gets the health update in terms of just getting healthy, no matter what. He has been on a kidney transplant list since June of 2020. He's out there saying that doctors told him a change in his lifestyle might reduce the need for dialysis. You have to mention in this story though, that I send him his best. I hope he gets healthy, folks. Even if he was inside of training, we don't agree with it. The timing, a little bit convenient to say the least in terms of stepping down after all the controversy with the insider trading. Chairman Powell talking about it last week. Probably confluence of events in terms of all of that, leading to him step down nonetheless. Hopefully he gets healthy. But either way, he was going to be a voting member next year. He has been the Fed President there for 14 years, I believe is the number in terms of how he's been there. Let me see if I pull it up in terms of when it was. I think it was 2007. I had one story that he was out there as the Fed President in Boston. Yes, there it is. Been at the Boston Fed since 1985. He's been the President since July of 2007. He would have been a voting member next year. He steps down nine months early ahead of June of 2022. So that will be in the press as they look to fill that role and filling that role will fill it with a voting member at a time when the Fed is in focus. Let's just say in terms of everything going on in this. Okay, jumping around to what else we got going on. Talked about Chairman Powell. Yeah, talked about that. Let's jump down the line to some of the stocks making moves this morning. Google, so it looks like all these big tech stocks trying to get ahead of regulatory concerns. They're going to cut commissions. It collects on third-party software sales in its cloud marketplace, according to someone with information on the matter. Google is now going to collect just 3% of sales compared to the prior 20%. It's quite a number. All these tech stocks trying to get ahead of the curve, I imagine. Google's down about 4.10% with the tech stocks this morning. Got the NASDAQ 100 accelerating. We're down 162. Look at that drop right out of the gate. 15,156. You give up 250 points from that high we had overnight of 15,399. Jumping over the queues real quick. Whoops, one more queue there. Three of them, please. Thank you. Trading at 369.49. You are below the action we had pre-market Monday. You put this thing on a daily in terms of the volatility we had here. I had it up in my chart. 64 million shares done when you back it up to July 19th. That's at a price point. The high of that bar is 355. You had another acceleration that began with 48 million shares on August 19th. You traded lower with 76 million shares into that low of last Monday, September 20th. You then popped to a high above 374 queues with some volatility in a big way. You take a look in terms of the bounce we got here. Just sort of a Fibonacci perspective. Not quite up to the 618, but almost there. You got to a high of 374.04. 374.43 would have been a 618 bounce of the full acceleration from 382 to 360. Pretty remarkable the queues. Traded down 22 points in a period of about a couple of weeks. But man, we got 12 points just from the action of last Monday alone before we basically got it all back. And yeah, we're seeing some sell-off in these tech stocks. Let's jump to notes and bonds. Because that was driving some of the action this morning. Interesting when you look at where we are, right? This is a critical area for the notes and bonds. You could see a bid here. We're at about 1.5% the yield on the 10-year. Maybe that's an area the market's a little bit more comfortable with. We're going to find out, folks. But nonetheless, we're pushing 1.5% with the 10-year down about 8 ticks this morning. Jumping down the line as well, we got Tesla. They're rolling out software updates that allow customers to request access to its full self-driving beta software. It's going to be granted to drivers who get a sufficiently high safety score. Interesting, right? They're going to start literally grading the safety scores of the drivers that buy their cars and releasing certain software pieces to certain drivers. The implications of that are pretty staggering when you think about it, folks. Now, let's just see. I didn't even... Yeah, and this story was out over the weekend. Long-awaited software update Friday allows customers to request access to its controversial full self-driving beta program. Drivers who get a high safety score from Tesla will get access. Interesting that you're going to have cars that are going to be sold, and access to features is going to be prioritized to people depending on their driving habits. I can't think of a time that that's ever happened. But nonetheless, that's how they're doing it. The beta is an unfinished version of Tesla's premium driver assistance. It sells it for $10,000 upfront or $199 a month. That's an or situation. You pay the $10,000 upfront or you pay $200 to $200 bucks a month. But yeah, interesting in terms of how they roll that out in terms of if that is the business model, in terms of releasing safe features of a car that they might not trust in the hands of everybody because it's in beta, so they only give it to the safest drivers. I don't know how that plays out. I think maybe the NTSB, National Traffic Safety Board, is going to be looking into that one because I imagine that has some suspect implications going forward if you're just trying to release to updates to people because you can't release it to everybody because it might be too dangerous. Right? Think about that. That's kind of what they're saying. As we get a little bit of a sell-off continuing in the tech stocks, we're getting some divergence here. Look at this sell-off in tech stocks. All right? As we're dropping out of bed down 1.3% and at the same time, you get the Dow popping right now up 3.10% Russell, up 6.10% pushing the highs we had last week of 2263. Let's jump around to some of those. There you go. Yeah, Boeing up 2.4% today. Big numbers in terms of durable goods, accelerating aircrafts, commercial aircrafts, pushing that number up 1.8%. We jumped to Delta Airlines up 1.8% as well. United this morning, excuse me, UAL, yeah, up 1.5% so far. Oops, American Airlines so far up 1.9%. All the airlines. This might be a little bit of a shift in terms of tech stocks going down. We got a rotation. You get some of the travel stocks. Check out Airbnb. A little bit of a different story. You could price them in terms of a growth company getting weighed down on with higher yields, down 1.7% and the cruise ships higher as well. Carnival up another 4%. Stay tuned, folks. We'll be right back after the break. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at tfnn.com. That's 727-329-8322. Call us today. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the Technology Insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for valued tech stocks as well as entry prices, target prices, and stops to set for each trade. Dave delivers his weekly newsletters every Friday with updates throughout the week. You can get the Technology Insider at tfnn.com for only $37.50. Sign up for David's newsletter, the Technology Insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day Money Back Guarantee. Tfnn, educating investors. Will the S&P 500 continue to climb for bold trades on U.S. large-cap stocks in either direction trade SPXL, SPUU, or SPXS? Directions daily S&P 500, bull and bear, leveraged ETFs. Direction leveraged ETFs. An investor should carefully consider a fund's investment objective, risks, charges, and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus call 866-476-7523 or visit Direction Investments.com. A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the fund is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. That's tfnn.com. To hit watch Tiger TV. $15,399. We just dipped below $15,100 in the tech stocks. You're down 1.4%. Got the S&Ps down 4 tenths percent and the Dow catching a bid right now up 4 tenths percent with the Russell. Up 4 tenths percent as well. Interesting story out there. We're keeping in finance. Webull, they are basically second to Robinhood, I would say, in terms of retail brokerages out there. It's a Chinese company, but they've just signed a deal with the Nets. Quote, quote, the coming out party in sports sponsorships for Webull. And not a bad price tag. I didn't realize that these were, this is the richest deal for a patch. Okay, so the Nets are gonna wear a patch on their jerseys. $30 million a year. This is a multi-year deal. That doesn't seem like a lot of money to have a patch on an NBA team that gets a lot of attention. Like the Nets and $30 million a year. The prior largest deal for a patch had been the Golden State Warriors, which had another Japan, excuse me, not Chinese, Japan-based e-commerce company, Rakuten. But this one is coming from Webull, online trading platform headquartered in New York and owned by Chinese holding company. Fumi Technology competes, like they say, with Robinhood commission-free offerings valued at a billion dollars, billion dollars, not bad spending $30 million. That's just a lot of eyeballs, it seems like, for $30 million per year that they're gonna get patches on each of their uniforms, but nonetheless, that's the market there. And they're gonna replace Motorola, which had a one-year jersey patch deal with the Nets for the 2021 season. And the team, as they put it, used that deal to make up for money lost due to the pandemic, which cost teams about 40% of revenue due to the fan restrictions, called the agreement transformative. Adding the two companies have matching consumer basis. And then you see an example of the patches that they'll be wearing when you think about the amount of eyeballs, right, that are on that. I'm not talking about in person, I'm talking about on TV. I'm talking about when they show those uniforms on sports center, on highlights, et cetera. I feel like the NBA has an opportunity there to be charging, as they probably are, when you just went from 20 million for the Golden State Warriors to 30 million for the Nets, so you have a 50% rise in the highest total there. Seems like that number's probably gonna rise when you think about the amount of eyeballs you get by having a patch on an NBA team for an entire season in a big way. All right, what else we got? Let's jump to fake meat. Beyond meat, they're gonna launch meatless chicken tenders in grocery stores next month. Not sure how that's gonna transition, folks. Beyond meat, you get a pop on the pre-market, I should say. Give it up. You're up 7-tenths percent. You take a look at this thing on a longer-term chart, right? Be careful, folks, of this chart here. Excuse me. You take a look at where we are beyond. I want the Analyze tab. I want to slide down to the Fundamentals. We're talking about a company valued right now at about $7 billion, okay? So they're losing money. They're valued at $7 billion. A couple times, they've gotten way above where we're at. We're only about 10 bucks above the lows that we were at back in May. And the adoption of this technology to push it back even further to get the real run. And I remember being on the show with my dad back in July 2019. And you're talking about we were up there. And I remember sharing the market capitalization at that time of a company like Beyond when it was pushing 240. So right now, you're valued at $7 billion. So what's that? That would push it up to like a $60 billion valuation, probably at $239. Compare that to a company like Tyson, which has the ability in terms of the process to deliver, right? The distribution network is the term I was looking for. Point being, they got a long way to go, folks. I believe in plant-based diets to a certain degree. I love chicken. White meat's great for you. Red meat, probably in a little bit less frequency is good for you as well. Very moderate on the red meat side of things. But I just don't see myself locking from a fake meat chicken. And I don't see it happen into the $2 to $7 billion. They're trying to burst up some income there in terms of some new venues to push out their product. But you see the trouble they've had in terms of just the last year. And I imagine that trouble is not going to go away as not quite what they were probably hoping in terms of adoption economy-wide, et cetera. But yeah, so they're going to push it out. Some of the numbers they're talking about here, they rolled out a chicken alternative in restaurants across Canada and the U.S. In July, the latest quarter, grocery sales accounted for roughly three quarters of beyond-unit U.S. revenue. So groceries are the big area. Now, I have tried the beyond meat in the grocery store. I'm super open to the idea of less meat in my diet, folks. I don't think I could go completely vegan forever. I did go vegan for a period of about six weeks, about a year or two ago. And the difference between vegan and vegetarian is monumental. I discovered that in my question. It's good. It's good from time to time, folks. I ate way too much meat. I like eating low-carb, high-protein diets. I mean, Nico Dahon, he would agree with that one. But low-carb, high-fat diets, but I had eaten too much meat. I wanted to give my body a break. It's good to do that type of stuff, right? If you're a hardcore vegan, it might be good to mix in maybe some fish occasionally or something like that to get some of that protein, some of those nutrients. Point being, I went fully vegan. That means no milk, no butter, no cheese. Vegetarian many times, and I don't want to say it's easy, but it is easy, especially dining out because there's lots of alternatives. And it's not necessarily always healthy, folks. That's the one thing that I went six or seven weeks. We're diverging from the market, but you've got to be healthy, folks. If you're going to be in the market, so your brain can be firing on all cylinders. And I say that seriously. If you're healthy, you're thinking more clearly. And when I went vegan, there were so many times I would go to restaurants and they didn't even have options. They didn't even have options because almost every single meal on there had some form of butter, milk, or cheese. Not meat, butter, milk, or cheese, which is in just about everything. I'm talking about some nice restaurants and servers had no idea if they even could find anything on their menu that was vegan. First of all, they're not doing their job because there's plenty of people who are vegan out there. You should at least know your own menu if that's your profession. But nonetheless, it was too difficult to stay because vegan, folks, you can eat chips and guac. You know, chips and guacamole all day long and you're being vegan. You can eat pasta. Just don't put any cheese on there, right? But you can eat pasta with all sorts of toppings on there that make it unhealthy with calories. Sugar is technically vegan when you put it out. So I just couldn't find enough things in the diet to keep myself healthy over a period of six weeks and being vegan. Point being, I was very open to the idea of reducing meat and they can't get me, folks. They can't get me at all beyond meat. It's just not happening. So somebody that is that open, right? I'm almost like a perfect customer for them. And this is totally anecdotal. It's my experience, but it's my show. So why not? They can't get me. And I feel like I'm a perfect customer, right? Now, I'm not vegan. I'm not vegetarian. That might be the perfect customer, but maybe it's not. Because I imagine some vegetarians don't really care about eating chicken and they don't need an imitation. The reason they're doing it is because they don't like eating meat. So they don't want to pretend meat. Nonetheless, beyond today, up about a percent on that news, they'll be trying to roll out chicken anytime soon. All right, folks. NASDAQ 100 down 200 plus points to kickoff trading. We got the VIX this morning at 1893. The VIX predicated off the S&P. Remember, we'll be right back to finish up the show, folks. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis. And it's not just dry tedious text, either. TFNN airs live financial content streamed live on tfnn.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on TFNN's YouTube channel and become the investor you were born to be TFNN, educating investors. Markets can rise and fall like the tides. Subscribe to Basel Chapman's newsletter, the opening call, and you too can ride the wave. Basel Chapman is an authority in technical analysis. His Chapman Wave trading system has been helping traders identify trends and capitalize on momentum in the markets since 1984. TFNN invites you to test Basel's proprietary Chapman Wave trading methodology with a monthly subscription to the opening call newsletter for only $149. Your subscription to the opening call comes with a 30-day money-back guarantee as well as daily market updates on key indexes, stocks, and commodities. Ride the wave! Sign up for the opening call risk-free today. Are you looking for a secured investment which pays you on a monthly basis? The Tiger First Mortgage Program may be the program for you. The best rate on a five-year CD in the country right now according to bankrate.com is paying 1% per year or $1,000 per a $100,000 invested. The Tiger First Mortgage Program pays 7% per year, paid monthly, on secured, high-value billable properties in St. Petersburg, Florida. The investment is for four years, paying 7% per year or $7,000 per a $100,000 invested. Your investment is secured by high-value real estate in St. Petersburg, Florida. Your investment can be anywhere from $100,000 to $500,000. Do you want to make $1,000 per year or $100,000 invested or $7,000 per year on a secured Tiger First Mortgage? The Tiger First Mortgage Program may be just the program for you. The Tiger First Mortgage Program pays 7% per year, paid monthly. For more information, you can call 877-518-910-710. That's 877-518-9190. 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. Right now, we have the VIX trading in 1887. As I said, predicated off the S&P. So the S&P, pretty much where we opened the session at about 4433. NASDAQ, the one really dropping out of bed, we lose about 100 points just in the last 25 minutes since we opened. Got the Dow accelerating higher up 213 points. Let's check in. Boeing putting a bid up 3% this morning at 227.81. We got the airline trading higher. As I mentioned, we've got the cruise ships. Look at that charging higher up 5.8% for Carnival right now. Let's check out Norwegian as well, up 3.7%. Crude continuing higher. We just made a session high at 75.71. We got, there's our natural gas contract with volatility yet again. They were chatting about the natural gas contract in the Tigers this morning, folks. We got a trading up to 5.45 right now. Up another 6%. You put this thing on a daily. You had quite a little pullback there, but we're seeing another resurgence. And let's just see. I mean, where you start this trend, maybe we'll start it right there. See what kind of Fibonacci retracement we did get back. About a 50%. In the full run we had, you touch about 4.80. And then we're off to the races again on natural gas right near the highs we had recently. And we jumped to gold. A little bit of a bid this morning for gold. And we'll finish it off with notes and bonds, catching a little bit of a bid potentially. I mean, you're up a solid eight ticks from where we were at 8.30 this morning. We're back under 1.5%. We're sitting at 1.48% this morning on the tenure. Over in Europe right now, markets in the green, but barely. You get the DAX up about a 10th of a percent. FTSE is flat to in the green. Catcruel up 3.10% as well. And we're going to finish it up with a story of Vegas, the Blackstone. They're going to sell the Cosmopolitan in Vegas for $5.65 billion. The deal is going to separate the property from the operations of the hotel. They're going to sell that casino and hotel on the strip for $5.65 billion, open in 2010. They had some trouble during the Great Recession. Owner, Deutsche Bank built the property for 3.9 buildings sold at the Blackstone in 2014 for $1.73 billion. And they spent $500 million. And now they're going to get back more than $5 for a total profit of $4.1 billion, including cash flow from the operations at the property. Quite a staggering number, not surprising Blackstone locking in those profits in a big way. Thanks for tuning in, folks. Start your Monday with me. Stay tuned. Basil's up next. Fast Market at 11. Larry at 12. Steve Rhodes, Dave White, Tom O'Brien. Live at 3 o'clock today. Have a great Monday, everybody. Stay tuned.