 It's 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 Al and Tampa. Hey, Al, what's going on? Oh, it's a beautiful thing. I mean, if your listeners don't get the gold report, they're missing out. I mean, with your gold report, you just print in money. I love it. You're my best dad out there, Al. Let's go to Jeff in New Jersey. Hey, Jeff, what's going on? Great. Hey, listen, I was calling to thank you. A few weeks ago, you were prompting on your show to fill out that $10,000 grant. Yes. So I filled it out. And just a couple of days ago, I found $1,000 in my business checking account. That's awesome, man. That's awesome. Yeah. I owe it to you, because if it wasn't for your prompting, I would have just assumed, you know, no way I would have gotten anything. So I wanted to thank you. No, we appreciate you growling a problem. Let us see it. Now, Tom O'Brien. Well, welcome, folks. This is Tom O'Brien of TFNN. We have 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, hope everyone's having a great day, safe day. Let's make it a great week and a great night, folks. Serve the one you love. Once you decide to be a couple, you're there to serve the one you love, to serve your love to your lover, and every kiss and every touch you feel you're there to please the one you love without expecting anything back. My good boys, let's take a look at it out here. We have the Dow Industries right now up 183. Nasdaq's up 84. S&P's up 28. Gold contract down 1360 at 1857 an ounce. You got silver up 18 cents. $22.28 an ounce. Lightsweak crude up a buck 41. $119.91 a barrel of notes and bonds. The 10-year note, up 14 ticks. Trading one 1812, the 30, up a full point. Plus seven ticks at 137.28 and King dollar. King dollar right now trading down 127. 102.310. Euro 107. Yen 132.55 in the British pound at 125 to one US dollar. iPhone number's 877. 927.6648. Give us a call, folks. One note's going on in your world. And the world of the S&Ps, let's take a look at them. What do you have? Well, bottom line, folks, you get a rejection of lower price. You're going to have lighter volume. So let's just go through this whole scenario. You know, we're going sideways for five days. Yesterday was a big day. The reason was yesterday was a big day as this. You can see that, you know, bottom line, you had got over the highs of Friday. Friday had 71 million shares. Today what you had, yesterday had 57 million. And you gave it up on price. When that happens, guess what? You're going to try to go downtown. What do we do this morning? We try to get downtown. What happens? It rejects lower price and you're going to have lighter volume. When that's set up, folks, next move is going to be going after the swing high inside the spy at 417.44. And we'll see how that shakes out, man. You know, my take is that, you know, we're going to like 3,500 in the S&P, but the cash S&P. But the bottom line is that right now this thing wants to go charge this 417 once again. And we'll see what it shakes out. Now what you want to be really, what you want to be watching is this. If in fact there's going to be a bigger counter-trend bounce. Well, what you want to be watching is that, OK, how does it take out the swing? If it takes it out with volume, you get yourself an ABC structure up. That's the bottom line. And it would be a big ABC structure up, by the way. OK, it would be a 37A to B, which is a big number. So keep your eye on that, man. NDX 100, same type of setup. Take a look at the NDX. What do you have with the NDX? NDX out here. 3Qs, bottom line, same type of setup. Yesterday you failed on price and volume. You got up to the price point of 312. You closed out at 305. You had volume of $51 million versus $60 on Friday. What do we do today? Just the opposite. Today, the bottom line, we have no sellers. We got down to the price point of $302.68. That was testing the $302.40. If 36 million shares, well, you're going into $59 million. We'll do about 46 million shares. So also the Qs, they're going to be going after this at 314.50. And we'll see how it shakes out, man, and see what can get any juice going to the top side. Gold, gold, same type of setup. What gold did out here today, pretty cool. What do you have? Come on, baby, there she is. OK, so what gold did is this. Get the volume here for us. There we go. So what you had with gold, gold got down to $1838 today. You're coming into 150,000 contracts. You've done $111,000. It's not going to have it. It rejected lower price, at lower volume. Now gold's also going to make that run for that $1878 mark. And $king dollar, this is what you want to keep your eye on, because it looks like it's really intriguing. Mark has always changed. That's the bottom line. But what seems to happen now is that if the dollar gives up at all, the market itself seems to get a little juice in it. And this looks to me like an ABC down setup. It failed on price today at $102,730. We hit $102,839, and then basically gave it up. So if it's an ABC down, we're going to be down like at the $99 area inside of that market. Now let me show you something with Target. So this gets really interesting. Target had got a little bit lower, folks. The bottom line, it would have been a test of its high volume low. It didn't get there. So I wouldn't get into Target, man. But the bottom line, is that what you can see, is that Target came down hard the first time they came out with their numbers. $145.51 is the number. Well, I hit $147.15 today. It's not good enough. That's the bottom line, if you're taking a look at it. That to me is just not good enough. When you get a test, you want to test with lighter volume and a rejection of lower price. That's what you're looking for. And bottom line, we didn't get that yet. But what Target does not have, is it does not have a high volume high. And that's a huge deal. Now let's get over to the OIH, because this is the OIH is talking, walking, and squawking out here today. If it holds price, it's going to get intriguing. Because what it's done is that it's come up to its highs once again. The high in the OIH is $312.58, or $312.78. Volume there was $1.1 million. We'll see whether they can get that right now or at $769,000. And we'll see whether it holds price. If it holds price, you get some action. If it doesn't hold price, that's going to be a test of its high on lighter volume in a give up. But guess what? Right now, it's up $876, because if you go over to Exxon Mobile, you're going to see the Exxon Chevron, they get some real juice behind them. You know, they're doing a leg up. You got Exxon up $4.17. You're at $103,000. See the Exxon. You take a look at Chevron. Chevron's up $347,000. That's peaking its head out. So that last high was, that's $186,000. We hit $183,000. Yeah, we'll see whether it can basically hold it. You do have a contraction of volume there, but the bottom line is that you get some buyers in there. 877-927-6648, we have that out. Our industry is up $166,000. Nasdaq's up $80,000. S&P's up $26,000. They're right there, folks. We'll come right back. With booming inflation, we are purchasing powers eroded. There's no better place to protect the harder and money-thinning gold. This, the gold's flagship asset, is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this, combined with the approvals of all major operational, as well as environmental permits. This, this thing which is Monk Todd is an attractive, devious pot, ready-development stage gold project. This, the gold trades on the New York Stock Exchange under the symbol VGZ. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. 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After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. All now toll-free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks to Dow. Dow Industries right now at 175 we get the NASDAQ 86, S&Ps are up 27. Let's get over to our man, Mr. Basil Chapman as we do each and every Tuesday. And don't forget, folks, every trading day, Basil has an outstanding show here, 10 to 11 Eastern stand-in-time, also has a great newsletter, the opening call. Now it's very easy to get the opening call, folks. You can go over to our website at TFNN, you're gonna hit newsletters, you're gonna see the opening call right on the left-hand side. You just hit that opening call, you hit that subscribe button. You can get the opening call for one month for $149. You get it for six months for 6.95, which is the savings of $199 at 22%. You can get it for a year for $11.95, which is the savings of $593.33%. Now they all come with a 30-day money-back guarantee, folks. Basil has approximately 10 to 12 workshops that are out there also, so you'll really understand how the Chapman wave works and how you can ride that wave each and every day. Basil Chapman, what's going on? Hi, John, how are you? I'm doing great, man, yourself? Very good, thank you. Good, so what do we got here? Okay, so we're looking at the Dow, on the left side is the daily chart, in the middle is the weekly, on the right is the monthly chart. And there are a couple of patterns that have been forming over the last week. One of the patterns that I've used for years and years is something that I call the Stork leg formation. What happens is we identify a low and then the market or whatever we're following, the tradeable that we're following, moves up sharply and then all of a sudden it stalls. So that's, I call a leg to the upside. This has nothing to do with a peak ABC, just a series of higher highs and then it stalls. What's really important is that it then starts to go sideways, but it doesn't make a rectangle formation. It makes a decisive oval pattern. And one of the reasons why I call it a Stork leg, this goes back to when I used to hand chart, when I hand charted on engineering paper, paper and pencil and ruler, I would get these lines and I would find that these trend lines for some reason would come back much later on. So I've always been a trend line follower and certain patterns. And the pattern that identified was that when the price goes higher and higher and higher and then it stalls and then it goes sideways, not in a rectangle, there's a different connotation with the rectangle, but really within an oval pattern, it looks like a Stork, how it stands on one leg, attacks the other leg under the body, then you get this oval body and then what happens is, there's a sudden pop to the upside and that's the neck. Now the neck can comprise of a very short pop to the upside and it's usually, this is only a peak A. So the implication here is somewhat different. Usually I've already gotten to a C or even a D and you get that pop to the upside above the oval of the pattern that I look at for the sideways pattern and then it comes back in to the pattern and how it treats the top of the oval is gonna be very important. So it goes leg, oval body and neck which is often quite short, but it goes up and then it comes back and retests the body and that's the beak. And then after the beak, there's usually a big rally and then you're on your own. But this pattern is somewhat different because the oval pattern is only formed with a peak A and yet we are sideways and even the last four sessions we haven't gone above 33,272. So either there's gonna be a very sharp arch to the downside and we close under 32,500 sometime this week or we break above and we go to 33,000 to 370 somewhere around that area and that would be very positive. So we've been along the diamonds in different short-term and long-term positions and we're still in the long position and what's really important is that the mag, there's the data chart, the mag D is very strong. The stochastic is flat at 89% and the on balance volume I use on balance volume which is the running total if there's an up bar you add it to the running total if there's a down bar you subtract it. Fortunately it's all down on a computer so it's just a single line that I have. Now I know that you of course use volume and you're gonna probably be discussing it in tremendous detail on Friday when you do your all day webinar that should be very exciting and this is a great week for something like that. No doubt, yeah. Yeah, so I use on balance volume and that had an overboard condition as it went to that peak A and it's pulled back quite sharply yet the prices held. So I'm looking at this and overall my sense is that we are still in a rising tide in the shorter term stretching a little bit into intermediate because the weekly chart has started a gray leg A. I don't, I can't talk about the monthly chart yet. We have to wait all of June to see where it closes. Certainly a close in the 30, 35,000, well, sorry, 30, I think it's above last week's high which would be, yeah, 34,180s would be extremely positive. I'm not expecting anything other than how does this break out to the upside if it does and we'll go from there. I am impressed and I'll talk about this in my show the Tiger Technicians Hour tomorrow at 10. I'll talk about these patterns because if there is a stronger move here in the Dow daily and it goes to 33,500s by Friday of this week, then we're looking at something different. Then there's something I call the propeller shaft which means it doesn't necessarily mean that you're gonna make an equal move from the low of 30,000, 635 to the 33,272 level that distance and then take it to the top. It does mean though that you can expand this higher than just the plain old stalk leg formation. So there are a number of things all I'm doing is saying, okay, subscribers, let's see where it does as a break out to the upside, as a break down to the downside, we've got our positions, let's see where it goes. And I think that's how I have to look at it because the technicals are still, the stochastic at 89% in flat for the Dow, the stochastic in the S&P, and I'll talk about this tomorrow as well in my shows for those of you who need to my work, the stochastic at 87% and the MACD strong. Yeah, as well, there's an oval pattern. So that would break out to a leg D above 41,77.51 in the S&P, but the most important thing and we've been trading the cues on the long side for very short term trades and so forth. Most of them have worked out very well. This is gonna be very important. I want to see the cues, the index 100, trade together with the Dow. The Dow, if we can get the percentage gains to match, that'll be the first time that the Dow is showing some inner strength and it hasn't shown that up until now. So it's really important. So overall my biases to the upside, I haven't yet got any trigger to say, okay, now we start to get the downside, the short side. So this is where we stand and it's gonna be very important to see where we go. We're actually, we're an exciting junction these two days, today and tomorrow. You're gonna love it, man. And listen, folks, it's very easy to get Basil's newsletter. Come over to our website at TFN. You're gonna go into newsletters first, hit newsletters. You're gonna see the opening call on the left-hand side, second one down, hit that baby and you are off to the races. Yeah, this is gonna be intriguing. It's gonna be an intriguing summer in general. Yeah, I think you're right. And also very selective because not everything, even when you think it's working, suddenly you get a failure. And I'm really excited that Target did what it did today without the market turning down and being 500 points down in the Dow. I think that was important. I think it was telling us that we gotta look at this market very selectively. For instance, Macy's is up and yet Target is down. Yeah, and Macy's is up right from the get-go. Right, no doubt. You have a great one. Say for him, Basil, we look forward to the program tomorrow. Thank you, Tom. Look forward to your webinar coming up. Absolutely, thanks, man. Appreciate it. Stay right there, folks. We'll come right back. We have the Dow in the green. 195, Nasdaq up 89, S&P's up 30. We'll come right back. If you wanna take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money-back guarantee so you have nothing to lose. Every Monday morning, I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To seep yourself, the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, and now they are expanding their reach with 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. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other tigers and tygruses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Tom O'Brien has just announced a live Timing the Trade webinar Friday, June 10th from 9 a.m. until 2 p.m. Eastern time. Join Tom O'Brien for five hours of live education as he teaches you his trading methodology right from his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System. In this live webinar, Tom O'Brien will be teaching you his entire trading system, including quality volume, ABC structures, Fibonacci confluence zones, cause and effect, swing points, and more. We will be limiting this class to 40 attendees, so please do not delay and reserve your seat today for this special live event with Tom O'Brien. All attendees will also receive a physical copy of his book, The Art of Timing the Trade, an $88 value, mail to you, along with a free month of his daily newsletter, Market Insights, a $169 value. For all the details and to reserve your seat today, visit the front page of TFNN.com, TFNN Educating Investors. 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 to Dow. Dow Industrial is right now trading up 200 Nasdaqs, except 90 S&Ps are up by 28. Let's go to our man, Dave in Chicago. Dave, what's happening man? Hey man, if I ever need you, it's now I'm back up here again, looking at the top of the mountain for OIH and wondering what you think. That's why I brought it up at the beginning of the program. So this is intriguing man. I mean, I would stay right where you are right now. The reason being is that it's holding price. And if you, you know, the beginning of the program, what I was talking about is that what we had with the broad market is that the broad market rejected lower price today with lighter volume. So that's telling me that we're gonna at least try to go for the swing point of the sideways move in the S&P, the Nasdaq and the Dow industrials. Okay? Now, the OIH is taking out its high today. You know, we're at 312.78. It's 1.1 million. And so I suspect we're gonna probably do a million, you know? And if it holds price, it does a million. You're gonna have a few more days up, I think, you know? And if it gets away from this price, meaning it gets higher by like five or six points. If it gets to 317, 318, you can really have some action. Now, that being said, you have hung in here in a master way. Another way that you could do this is that what happens, so what we're talking about folks is this, he took heat all the way down. And the bottom line is that it came all the way back in an incredible way, okay? So now you're in a good position. There's no doubt. So the real question is, is that, you know, you could take half the position off, man. You take half the position off and then all of a sudden, you're not only in a winning position, you're in a winning position, but your other position, you're a much stronger holder. That's what also ends up happening, you know? Right, right. Yeah, I know, I hear you, every time I write it up and down, it kind of makes me a little stronger to hold on longer, which might be a mistake. That's a mistake. No, that's a mistake, listen, I've done that. That's a mistake, because then when it ends up happening, you'll end up having it for a year and a half and three or four different times in that year and a half, you are probably up 10 or 20 or 30,000. So, you know, you gotta remember how you got into it and, you know, you get into it to make money, it went against you, badly against you, which we've all done that, man, and then all of a sudden, you're into it and you just gotta get yourself centered right here and say, yes, they's gone, tomorrow's not here, what am I doing right now? Right. And don't be greedy. So you think take some off the table, huh? Yeah, I think you should take half of it off. I don't know what you have, but I mean, because then you're gonna be in a wicked, strong position, which is really cool, you know what I'm saying? Yeah, well, yeah, I mean, if I would've gotten out the other times and got back in, I would've been even happier, but timing things is another thing, so. No, it is, and what you have out here, yeah, let me go there and look at Exxon, because Exxon is really strong out here today, but let me just look at this for a second. So Exxon, it's not gonna be an ABC up in the daily. Let's take a look at the weekly. So the weekly is just a straight line move up. Let me see what it's coming into. So, oh, I see it's coming into its highs. Okay, so, yeah, you know what I do? Yeah, I'm telling you, take some of it off, because this is what's happening. Exxon, right, is doing 100% move for a move. And what that means, folks, is this. Exxon in 2014 was $104.61. It went all the way down to $30. And now it's come all the way back to that level. What I've found, when you do 100% move of a move, okay, what ends up happening is that most of the time you're gonna get a decent pullback. I mean, a big pullback, nothing, you know, that's an incredible move when you think about it, that you've done 100% move of a move. And in this particular case, we're talking about, what is 30, let me do this again. I'm pulling Chevron, I wanna see if this is 100%. No, Chevron, just a powerhouse, man, holy cow. Well, yeah, let's do this. The move on Chevron, 131 and 70. Okay, so that's 60. Yeah, see, this is interesting too, because if you do a move of a move, what I'm doing here, folks, is this. So watch this, when Chevron broke out, you can do a move of a move, right? So it's like, the top of the consolidation was 133. I'm not gonna count that one that got below this in a monster way, but I'm figuring, you know, let's say $70 up to 133, okay, so say 60 bucks, you had 60 bucks on top of 133, you're gonna get 193. Well, you've already hit 180, you know what I mean? And the, not the problem that you have with the tricks, it's a great trade. But what does happen, folks, is that, you know, normally with a regular equity, you can put a stop in all the way up and all the way down, but this OIH opens up or opens down, you know, like 10 to 12 points, like nothing, do you know what I mean? Right. You know, so. So you even think on the major oils too, you think that's another, because I've been kind of loaded up in Chevron, and all those guys, so. Well, let me ask you this then, I really thought, so is this a trade or is this something like for a longer term deal? Well, you know, a little, I hate to dance around and say maybe a little bold, I don't, I mean, I guess part of me knows how volatile it is, and so I think it's been in kind of a longer term account, but I know I'm not, you know, penalized. Is it in a taxable account or a non-taxable account? Non-taxable. Oh yeah, then yeah, man, don't worry about taking money, man. Yeah, now, do you have a, do you use options at all? No. Okay, then don't worry about taking money, man. You know, you might have heard me, a guy had called, you know, about basically in a non-taxable account, you know, like where we are in the marketplace, which you do, when you're in a non-taxable account, you have a good deal going like that, then you gotta look at it and say, okay, if we go up 20% more, how do I feel? If we go down 20% more, how do I feel? Right? That's kind of. Yeah, and I guess with OIH, I keep looking at, you know, wondering about the long term of it, you know, in terms of where it was a few years ago, or I can't remember exactly when. No, no, you're right. Listen, I can see that, I can see it. It's pretty wild when you look at it. There's no doubt. What he's talking about, folks, and I was surprised myself, Dave, when I brought this up. This thing has been down from like 1,100, hit $66. Yeah, so I can see that too, man. I mean, that's the bottom line, you know? Hey, listen, you took that kind of heat, because the positive, right, in the energy market right now, I would say that you could get a lot more juice in it, is this dollar. So picture something, folks, is that the energy stocks went up this high with the dollar at all time highs. If this dollar starts backing down, and if it is an ABC structure down to that 99 area, these energy stocks won't stop. That's the bottom line, they just, you know, because commodities are based on U.S. dollars, you know? So that's the bull part of that whole deal. You know, either way right now, this is a very good looking shot. Let's put it that way. Right. You know, so now look what's happening now. This is interesting, now watch this. As we're talking, so here, let's see this for a second. Just as we're talking, man, it's not holding the high. It's not off as much, but I've found, I'm telling you, when they just can't even hold it, you know, this should hold 312.52, and now all of a sudden it went to 312.34. Huh. Yeah, it's not the end of the world, man. Okay, thanks a lot, Tom. Okay, man, have a great one, have a safe one. Thanks, bye-bye. 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. 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Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds 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, Foreside Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSC American and TSX under the symbol VGZ. Welcome back, folks. So now, now it's up to 267, as except 110, S&Ps are up 38. So check this out. This is gonna be really intriguing watching how this whole thing shakes out because what is happening, folks, is that the citizens of this great country of ours are piling up debt and their savings is going down dramatically. So we have revolving credit. Well, first off, these are the bank numbers that just come out, okay? So consumer borrowing, now these are April numbers, they're two months behind, okay? Bottom line, consumer borrowing in April, record jump. This is a second record jump, okay? Total credit increased 38.1 billion from the prior month. The survey was for 35 billion. So that's not bad, three billion, okay? That's not a big number. What is a big number as this? So watch how this goes. This is like intense. Revolving credit, including credit cards, folks, increased 17.8 billion after a 25.6 billion the month prior to that. That is a monster one, okay? Now that includes auto loans, school loans, okay? But those are big numbers. Now on top of that, this is the, when I look at that, I'm saying to myself, okay, you can start tapping out their credit cards again. And then on top of that, the savings rate is at the lowest level since 2008. Okay, now, want that cherry on the top? Listen to this one, this is sick. The most amount of credit cards that have ever been processed will process January, February, and March of this year. 537 million credit cards. New credit cards are out there. I believe there's 330 million people in the United States, right? You get 537 million, okay? New credit cards account. What does that mean, folks? That means that number one, people are using credit to live. And they're probably using credit to buy stuff that they don't need, unfortunately. You get the gist of it. The bottom line is that those are not good numbers. That's, that record of the aspect of how many credit cards were done in a quarter are huge because this is what ends up happening. When you're going broke, folks, the bottom line is that if you have a decent credit, you're gonna go get five, 10 credit, you're gonna get as many credit cards as you can. You're gonna probably blow them up. Anyway, you get those numbers. Those numbers are some monster numbers, folks, okay? You just be careful. Free Port Mack Marin. Let's go take a look at Free Port Mack Marin for a couple of the Tigers out here. So the low for the year is 29, the high is 51. This is traded 43 right now. We take a look at this. It's an ABC up, and here's the ABC up. I'll put it on here, one second. Here we go. You take it right from the bottom. Is that here? Yeah, there it is. So your eight point on this is 34, 34. Your B point is 41, right? So what is that? Well, one second. 33, 34, 41. So that's called six bucks. Your C is approximately 39, so you get 45. 45 is the A to B equals C to D. You had some good juice on this yesterday, too. So this will get flack, okay? Because of the way that we came down, okay? You are definitely gonna get some flack here. There's no doubt about it. You know what I mean? Like right into this area. It'll build cause, more than likely that's exactly what it does is to build cause. There's questions about the CPI coming out on Friday. So, and what the question specifically is if it comes out higher, what will happen? If it comes out low, what will happen? The bottom line, folks, yeah, I have a lot of thoughts about CPI and what it does and all that, but all as I do on a continual basis is price and volume and how they move into the market. So, I have a lot of fundamental views. There's no doubt about that, but I am never gonna trade on a fundamental view that if I think that the CPI is gonna come out, all this market's gonna go to the moon. I trade just like this. Yesterday, the bottom line is you had a failure on price as you went into it. That's telling me you're gonna go low. We went lower this morning, rejected it, had lower price. I've just found that to be much more consistent on a continual basis. And what happens is this, this is where I think we all get a heads up. This is where I got a heads up anyway. I remember I was first in the markets. It's like you have good news and the market goes down. You have bad news and the market goes up. It's like, hey man, this news stuff is not where it's at, man. That's still my feeling, okay? What I do like to do is look at the price and volume, have an understanding of what the fundamentals are of the equities and go from there. Kind of put that together. But as to put my money somewhere, guess what? The only way it's gonna go is that if I have price and volume going with me either up or either down. It's just a lot easier to do. Trust me, it's a lot easier to do. And in that context, Friday. Friday, if you wanna understand price and volume upside down, fibs, confluence, swing points, and that's what all the market's about. I mean, you're gonna see, and many of you know what the time of the trade is, I do the same thing over and over and over again, and that's it. And it's very simple, actually. And that's what I actually love about it. Because you'll get to the point that you can look at a chart and in 30 seconds really understand, okay, where does that wanna go? Now granted, there's plenty of times. And we just went through two years that you just kept going up with no volume. But I'll tell you this. Already, you've seen in two years, you go back to the last time you had volume in approximately three months, okay? And I remember the first time this happened in 2000. People would say, I don't blame them. Yeah, you can go higher, there's no doubt. But guess what? I've also found out people never can get out because it comes down so fast. So even in longer-term deals, what you're looking for, like what I'm looking for right now in this downdraft is all equities that had a high volume high, a good volume at the highs. Then you're looking, as this is pulling back, has this pulled back into strength? If it pulls back into strength and pulls back into where it took off from, that's a great setup, man. Doesn't mean that you'll get your money right away, but that's a great setup. You go higher, you have volume. It gets sucked in with everything else. It comes into a breakout area, has light of volume, rejects lower price, guess what? Higher you go. Dow right now up to 80 Nasdaqs, up 119, S&Ps are up 41. Let's go take a look at the Dow Industries and see what the strength is inside the Dow. Industrial's out here. You have United Health putting 38 points. Chevrolet, I mean Salesforce putting 30, Microsoft 26, Chevron 22, taken away from it. You have Home Depot minus 12, Walmart minus 10. No action on that one at all, meaning on the way down. We take a look at the NDX100, the strength versus the weakness out here today. Strength, penduradu, up 10.5%. You got, what is that, down dog? Oh, data dog. I see data dog up 5.5%, crowd strikes up 4.7%. Taking away from it, Amazon's down 1%. That's it. You get a strong market out here today, folks. Stay right there, we'll come right back. 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. 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After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, 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, to Dow. Dow's up 270 and as it's up 121, S&P's are up 41. Let's go over to TransOcean and thanks, Fletch, for bringing this up. So check this out, folks. TransOcean is, you know, bottom line, ABC structure up to $5, monster volume out here today, 43 million, you have a high volume high out here at $5.56 that's gonna go after. More important, though, and this is with Dave in Chicago, too, Dave. So what's going on here is this. TransOcean, I know the stock upside down. They used to trade it all the time. I'm going all the way back to, oh my gosh, I thought I was gonna say 68. I think it was 78, no, 88, 88. Anyway, so what this is all about is that TransOcean, the bottom line is that they got an extension, okay, $181 million extension, you know, from, you know, one of their clients, okay? And this extension, okay, is from October of 2023 to April of 2025. What happens, folks, is that TransOcean is a deep, well, harsh environmental type of business, period. Their rigs go for a fortune, though. And bottom line is that when you get an extension, and we're talking about an extension that doesn't even start until 2023 and goes to 2025, that is an indication that a lot of the oil companies think that oil's gonna stay at a high price. That is why you see the oil service is going through the roof, okay? So the bottom line is that, yeah, it's a good trade. TransOcean, you know, is a pure commodity play. There's no two ways about that. And if we bring this back, you're gonna see, when I talk about, you know, the aspect of how high and how low they can go, especially TransOcean, because you're talking about hundreds of $1,000 a day. So you can see, TransOcean is down from a price point of, yeah, $163. That's only a four bucks. Guess what? They're not gonna stay at $4.00 and $5.00. Always remember, folks, to back and claw your heart 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. Don't forget about my seminar on Friday. If you wanna understand price, volume, Fibonacci, Confluence, check it out, man. Have a great one, have a safe one. Come back and visit Tommy tomorrow morning. Kicks us off nine o'clock in the morning. Great show, folks. Well, look at him, folks.