 The following is a presentation of TFNN. The Morning Markets Kickoff. With your host, Tommy O'Brien. Good morning, folks. We had a few technical difficulties there, kicking off the week with the office getting blown off by a little bit of a power surge. Not having to do with Hurricane... What's the name? I should know by now. Is it Ida? Shame on me. Idalia, right? Not having to do with that. Not on our shores yet. It is coming for the Gulf Coast. Probably Tuesday night. Wednesday may be a bit of an issue here in Florida. But nonetheless, a little bit of a power surge. I think we're back on the air. Do we have my chart? Yeah, I think they got my chart up there. They got everything. We're rocking. We're rolling. Perfect. I see it. We're back live. Thanks to my producer, Al, for getting us back in action. And let's kick it off. We got the S&Ps right now. We are up by 22 points, folks. Let me jump around. Recalibrate my charts there. Back to the S&Ps. So we are above Friday action, 44.36 right now in the S&Ps. That's positive by about half a percent. NASDAQ 100. We're positive by 7 tenths percent right now as we're jumping around. And give me one second as I'm pulling up some of these settings, folks, as well. There we go. Brighten things up a little bit. I was looking a little dark there. NASDAQ 100 up by 7 tenths percent above Friday as well. We get the Dow right now. Above Friday action, up 159 points. That's about half a percent. The Russell up by half a percent as well. So you get the S&P, the Dow, and the Russell all up by half a percent. You have the NASDAQ 100 right now, up by about 7 tenths percent. Bitcoin trading at 26,000 right now. Crude above $80. And look at the spike action on crude, right? Wednesday we spiked to $77 and changed. Thursday $77 and changed. Friday you had to spike down to almost $78. This morning we're sitting right at $78. $79.95 for the price of crude. Gold contract up by about $4 at 1943 this morning. Folks, if you're thinking about gold, now is a perfect time to go check out the Gold Report. My dad, Tom O'Brien, he's got a webinar coming up on Wednesday from four till 5 p.m. eastern time on the gold market. He's got a new issue that's being published right now as we speak. I think it might be out right now. It's not. It's coming out momentarily. A new issue with the Gold Report coming out right now. Great time to check it out. Tom hasn't done a Gold Report subscriber webinar in a few years at least. You're already a Gold Report subscriber. You're going to gain access. No problem. That was a quick segment, folks, because of those technical difficulties. We'll be right back. We'll go over some of the markets. It's job Friday already coming up this week. Coming into Labor Day weekend. Lots to talk about. We'll be right back. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN, educating investors. Everything in the universe is governed by the Fibonacci Sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. 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. 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If you're going to sign up for it today, it's the day to do it, because you get the new issue of the Gold Report issued this morning. You gain access to the Subscriber Webinar coming up on Wednesday. Now, if you're already subscribed to the Gold Report, you'll see in the note out there for the issue that's published this morning. You gain free access. I've got an email about the Gold Report Subscriber Webinar saying, hey, I'm already a Gold Report Subscriber. Yes, you gain free access. That's what it's for. This webinar is for Gold Report Subscribers. Period. The way to get in is go check out the Gold Report. The best deal about it folks, it comes with a 30-day money-back guarantee. So you get the Gold Report for a month, you gain access to the archive, the webinar, the live webinar. It will be archived as well in there if you can't attend live on Wednesday night. And what's going on here, as I say this, we're completely, because things are sneaking up on us. We'll see where we go for that webinar in terms of that hurricane, man. But no matter what, the webinar is happening, folks. Even if it gets rescheduled, sign up. You're not going to miss it, okay? The webinar is coming. We'll see what Wednesday looks like. And let's tease that into the storm. Why not? Armand-Z posting in the den. He's beat me. You beat me. Z, I had this one ready. I had it queued up. You beat me in the den. Some great analysis, as usual, in the den. And there's your update. As of 7 a.m. this morning, Idalia, and it's coming for the Gulf Coast, man. Tampa looks to be right on the bottom portion of that cone. Hopefully we dodge it. Hopefully everyone dodges it. But boy, it's coming. It looks like it's going to roll up to a category three, potentially, as it hits land. Right now, you're talking about maximum sustained winds of 65 miles an hour. But folks, it's not going to hit Florida for like 48 hours. There's a lot of water out there in the Gulf. And as we all know, things can really accelerate when it sits in that Gulf water. So we'll see where we go. I was stocking up a little bit this weekend if you're around Florida. Folks, I've said it before. All right? This is a finance program, right? It's the morning market kickoff. But sometimes I just like sharing good information that people need to be reminded of. Make sure you go get some water if you're in Florida. Okay? If you have the ability, if you have the funds, there's no reason why you shouldn't have water stored into your house all the time. Okay? We learn this stuff during the pandemic a bit during hurricane season. Don't get caught up in the public's rush where you walk in and everybody's bought all the water out there and you're buying, you know, eight ounce bottles of water to try and get anything that's left on the shelf. Go get some water. Go stock up on some food if you need to. Go make sure you got some batteries out there, right? If you got a generator, make sure you got some gas. Stock up on the gas. Because as we know, this thing goes quick and once it starts accelerating, everything's gone. Yeah, I can wait until the very last second because that's what everybody says. And if you wait until the last second, it's all gone. But nonetheless, there's the storm. So the cone is coming and it's a wide cone right now. I mean, look at that. Look at that cone. Look how big it is. Think about how many people it varies in terms of where that may hit. But what happens is, man, we got two to three days that are still out from when this thing is going to land. I guess two days would be a fair assessment of when this thing is going to land on the coast. And 48 hours is a long time in terms of how much that can wiggle, 150, sometimes 200 miles from where they're thinking it could be. But nonetheless, it is coming for Florida. And so we'll see. No schools canceled just yet, but we will see. But check out the Gold Report, folks, new issue published today. All right, back to the markets. What do we got going on? Where are we going to kick off? We got a few things. We got ECB. We got auto workers. We have China in the press as well. And let's kick things off with the growth stocks. Why not? I was listening to a take this weekend about NVIDIA from one analyst. I think it was on Bloomberg. Might have even been Bloomberg last night, Bloomberg Asia, Daybreak Asia. Might have been. Might have just been a weekend, Bloomberg. Sometimes I'm driving around. I love listening to music, but I like listening to good analysis. I'll pull up Bloomberg Radio. And they were talking about the valuation in the video right now, OK, in terms of how difficult it is going to be if you go out five to grow into those multiples of that company. The price action after their earnings should tell you that, OK, because they crushed it out of the park. I've never seen the type of earnings that they delivered the last two quarters, right? If you back it up 90 days ago, my goodness, and yes, you had quite an acceleration, but for them to be under where you were trading at, coming into that earnings event where at 4.62 this morning, we're up a bit, even the market's saying, hey, man, you know, everything is priced into this equity. You take a look at it longer term, OK, you just went from 100 to 500 in less than a year, 100 to 500 in less than a year. I saw an interesting statistic recently this weekend that the company Palm, I don't even know, Palm Pilot, right? Is it even around anymore? No, probably not. The company Palm in the year 2000, OK, in the year 2000, a little Conan reference for all those that are in the know. The company Palm in the year 2000, and I haven't checked this out. Somebody tell me if I'm wrong, please. I don't even know Palm if it's still trades. I don't know. We're 23 years later, but in the year 2000, the company Palm was worth more than Apple, NVIDIA and Amazon combined. Did you hear that? Yeah, a company that we don't even know exists anymore was worth more than Apple, NVIDIA and Amazon combined. It's amazing how the world can change in 20 years, 23 to be exact, but nonetheless, multiples going to be a problem as we go forward, man. Now, here's what I'll say. When NVIDIA was at 342 at the end of 2021, folks, there was a lot of discussion. I remember hearing it rightfully so. If you were looking to short some of these big growth stocks, man, NVIDIA was one of the best ones you could have shorted. The multiples were just bonkers. You traded from 346 down to 108. And I'm not talking about shorting the GameStop type meme stocks, because we all know that they were going back to nothing eventually. We have Bed Bath and Beyond basically worthless right now as they're going through their bankruptcy or deal in court. But it was a multiple issue, and it might be a multiple issue again, man, as you get an exhaustion top above 500, we're at 460 right now, so be careful in this, and that's what they're putting out here. U.S. growth stocks trade is crowded and overvalued, said RBC. Large cap growth trade looks problematic is one way to put it out there. NASDAQ 100, up 37% in 2023, above average valuations, that would put it lightly, man. I'd say we should it's remarkable we're not even higher, right? I mean, look where we are on this chart. Yeah, you've been below it for many times, but many areas in this chart were above it. The scary part is that you're going back from 2002 to 2008 is where you were above it, and also when you were above it during kind of the post-COVID bubble that we saw many of these equities get into. Growth stocks dominance on the earnings revision front is fading while flows to funds focused on this group of equities has turned negative, so there's a few red herrings in there, you got to look out for. They have a price target for the S&P of $4250, so you're looking for a little bit of a pullback there, about a 3.5% downside is what you're looking for. Nonetheless, you're going to see that and pay attention to it. Why not? We'll jump to Bed Bath and Beyond since I was talking about it. Shareholders left holding worthless stock as bankruptcy hearing approaches. Without recovery, the company's $152 million market cap essentially boils down to nothing for shareholders. So be careful placing those bets, folks, because sometimes it's just all going to run out to nothing. Yeah, let's talk a little bit. We'll tease this one as we come into the break here. You see what we got up here, folks? You see what the ads there serving me? You see the ads there serving me? You know why they're serving me those ads? Because Halloween's coming, man, and we're getting Tommy some dinosaur costumes. Check it out. We got, what's this one? Is that pterodactyl? It might be. I think that's astegosaurus. Yeah. Some shoes as well. But look at this, man. I got ads everywhere, man. Pretty remarkable how the internet works, right? We're checking out dinosaur costumes. Tommy. There you go. Got a little sidetrack for me. Think of these top two right here. It's funny. They know everything, man. Those are the top two that are in the running for Tommy. We got two months until Halloween. Stay tuned, folks. We'll come back. We'll talk some student loans. We'll talk some market. We'll be right back. With rising inflation, rocketing interest rates, a volatile dollar, an uncertain market, there's an asset that all traders flock back to, gold. However, these are regular times also mean a regular gold market, which presents its own unique challenges. This brings up the question, what moves the gold market? This is a question I'll be answering in my next live webinar. On August 30th, from 4 p.m. to 5 p.m., I'll be hosting a live free webinar for all those who subscribe to my newsletter, The Gold Report. The Gold Report has been in publication for over two decades, and I've seen just about every market gold has been traded in. This experience lends me great insight when trading gold and other mining equities, and now that insight can be ours. On August 30th, I will deep dive into gold, bonds, and the dollar. Where they are now, how they affect each other, and what to look for when looking to set up a trade. Additionally, I will provide a comprehensive breakdown of the XAU, HUI, and GDX, as well as cover individual gold equities and answer questions live on the air. Please subscribe to The Gold Report today so you don't miss this rare moment gold. TFNN Educating Investors. 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TFNN Educating Investors $80 Go contract up about $2 at $19.41 We jump over to the dollar index this morning. $104.11 We jump over to yields in focus of course with Chairman Powell, Jackson Hole on Friday, a little bit of volatility this morning. We have yield slightly elevated price slightly lower rates you're talking about a 10-year it was 4.2 when I came on the program it's probably no it's sitting at about 4.2 so 4.2% the yield on the 10-year you go longer picture man that could be the story right now it is the story right you're going from 117 down to about 109 and change chopping around near the lows of last October for that 10-year. All right speaking of interest rates in yield how about student loans emerging from a deep freeze and borrowers are confused never a good deal when you have this type of confusion going on it's going to add to the hardships that people are in in terms of they're not even aware of kind of what is going on right now you had many of these loans we transferred who was servicing them during the time yeah so here's how they explain it right at the kickoff borrowers will start owing interest as a Friday okay and that is because that's September 1st right no I guess that just kicks in that's September 4th yes not September 1st wait no that's September 1st I had to calibrate yes it's September 1st on Friday I think the payments start in October but you probably owe an interest in September which is a long time coming as in it's been off for three years new payment schedules by email everybody misses emails these days right especially people who might not be akin to actively perusing their emails for such important financial data I mean folks many of us if you're watching this program you're probably highly in tune with the news of the day things going on you're probably aware of this there are many people that fortunately for them don't have to dive into the for their daily job or they're just daily happenings or maybe they're retired right you don't have to be as glued to what's occurring in the market like we are if you're watching this program if you're in the Tigers then it seems like it's kind of common knowledge not common knowledge to many people for a very reasonable reason not just because they're you know ignorant or not able to keep up they focus on different areas of life okay so you got four and ten borrowers loans transferred to a new servicer during the pause that began in March of 2020 it's about half of student loans out there transferred right new payment schedules by email servicers they've never heard of this is going to be a problem folks alright how big of a problem is the only deal out there now this is the journal they kind of cherry pick something here in terms of you know there's many borrowers that aren't in this situation but they have a woman a 75 year old former non-profit employee I mean this is like a stereotypical she's got 14 grand left she's been paying for 20 20 years is that grad school yeah graduate school loans paying them for 20 years this is what you want to avoid folks you don't want to get graduate school loans when you're 50 or 55 and you got 15 grand left after paying them for 20 years hadn't paid for three years called the servicer right forgiveness options payment declines but getting through to a human is difficult you think it's a problem yeah the whole country right now what do we got 27 million people or something like that's the number it's going to be very difficult for everybody to reach a person to get through to somebody you got new services and all this starts next month man and it's going to be a hamper on disposable income to say the least they're talking about loan services as I mentioned here um yeah and as they say there's going to be some backlogs to put it lightly man and this is going to weigh on the economy I'm sure the Fed is wondering that and we'll see where that goes all right back to a little discussion of water temperatures in focus with Hurricane Adalia bearing down on Florida's Gulf Coast uh heating waters force changing industries that depend on the ocean now this is a long read I'm going to post this in the den right now you have an ability you check it out from the journal I'm not going to be able to go through all of it but interesting stuff man of course they're talking about areas whether it's Maine's lobster man right they're talking about kelp farmers you got to be able to be agile folks and if boy if you are a fisherman fish a woman wherever you are there's a lot going on in the globe right now in terms of where certain fish are spending their time because the temperatures are changing the Mediterranean sea reached a record of 87 degrees in July what does that do that attracts different fish than normally come in you got jellyfish and lionfish threatens the coral reefs we got a big problem with the coral reef down in Florida right now in terms of the temperatures there there and really what I wanted to get to is just one chart in here but the summer surface temps between July and September and the Gulf have risen four times the global ocean average since 1982 the entire region is warming more rapidly than 97 percent of the ocean surface because of overall climate warming and shifts in local currents folks this is the journal okay this is not some liberal rag this is the wall street journal okay now climate change gets political which is a bummer check out this chart average sea surface temperature departure from historic norms for the previous 30 days here's the US it's just hot everywhere man but look at the heat that they have in the northeast there's New York okay so you're really going above the northeast there to Canada alright but looking in the Pacific this is what they were talking about the Pacific Northwest Oregon where they talk about it was up here yeah as I mentioned there's almost too much to go through here too quickly which is why I put it up there yeah salmon's a big problem as you're talking about Duffy so lobsters in Maine 388 million lobster catch has moved 162 miles northward and nearly 70 feet deeper over the past 50 years think about that right so the lobsters are on the move man they're moving north and they're moving deep if you're going fishing form the Maine lobster catch has fallen 26% since a record catch of 132 million pounds in 2016 now you'll say that's only 2016 7 years ago man and time flies and things change and there's always going to be variants folks there's always going to be variants remember that okay so you're always going to be cherry picking if you want to any statistic because there's always going to be variants but this is what has me most worried about the hurricane season this year because we got warm waters and it seems like the articles just keep popping up man so check that out if you can they go over a bunch of different stuff in there but it matters folks and it's mattering for the fishing it's mattering for people changing what they're doing in terms of maybe you used to be a lobster fisherman and now you're producing kelp and again I would have pulled that up it's somewhere in this article it's a great article just kind of talking about what's going on I was looking for that kelp one but nonetheless check that out in the tiger's den if you get a chance alright we talked student loans we talked about the waters yeah so I mean look at this right look at these articles folks okay this is from the journal this morning we're talking about home insurance it's all related okay this is all related to a certain degree I don't advise you on forgoing home insurance home owners insurance folks you know you can make the case if you have the type of cash available you can self insure but many people who are making these decisions do not have the ability to self insure and they're just straight gambling stay tuned folks we'll come back we'll talk about this we're going to talk a little bit about the jobs number that we have coming on Friday stay tuned folks positive markets to kick it off we'll be right back you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman and your inbox every day 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 tfnn.com educating investors with rising inflation rocketing interest rates of all to dollar an uncertain market there's an asset that all traders flock back to gold however these are regular times also mean a regular gold market which presents its own unique challenges this brings up the question what moves the gold market this is a question I'll be answering in my next live webinar on August 30 from 4 p.m. to 5 p.m. I'll be hosting a live free webinar for all those who subscribe to my newsletter the gold report the gold report has been in publication for over two decades and I've seen just about every market gold has been traded in this experience lends me great insight when trading gold and other mining equities and now that insight can be ours on August 30th I will deep dive into gold bonds in the dollar where they are now how they affect each other and what to look for when looking to set up a trade additionally I will provide a comprehensive breakdown of the XAU, HUI and GDX as well as cover individual gold equities and answer questions live on the air subscribe to the gold report today so you don't miss this rare moment gold 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 funds investment objective risks charges and expenses before investing a funds prospectus and summary prospectus contain this and other information about direction shares 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a 10 minute chart you see the Dow making it right back up to Thursday's high S&P right now well off those highs still that would bring us up to 4480 when you talk about where we were Thursday night you look at the Nasdaq 100 you're talking about 15,400 so you see the divergence there right in terms of how high we were coming in after the Nvidia earnings you spiked to 15,400 before the whole market gives it up meanwhile you get the Dow actually back to the highs and you got the Russell back to the highs as well Russell catches a bit up by 1.2 percent right now pretty remarkable all right back to some of what they're talking about for home insurance here now they talk about here that some people who have the ability to financially withstand the loss are self-insuring and that's one thing okay what they get into here though folks is people who are not able to all right you have people you know if you don't have a mortgage that's where you can really get away with not having insurance because you got a mortgage they're going to make you have insurance to make sure that you don't lose a house you don't even own right but then they have people in here that's the last part I wanted to bring up here 12 percent of homeowners in the US don't purchase homeowners insurance and about half of them have annual household income of less than $40,000 okay and there's a lot that goes into this so be careful if you're making decisions like this now here's what I will say as well though recently Friday come out of my house middle of the day I was going to run a quick errand and I got a flat tire bought my vehicle almost five years ago now April of 2019 can't believe I have to go back that's almost five years ago that's almost five years ago yeah April of 2019 and I don't think I've used tire insurance yet and I did get tire insurance at the time okay and I bought my contract because I was going to use it this time and over five years the cost of that tire insurance and these are expensive tires they run flat tires they run like 350 375 a pop right they run flat tires so you get a flat you can go about 50 miles at 50 miles per hour less but nonetheless that tire insurance cost me $1,740 over five years I think I've used it that's the first time I used it that saved me 350 bucks so I got a whole host and I said to myself you know what I think I might self-insure my tires going forward that's a much different deal than home insurance folks I've said it before if you're having trouble with home insurance at least do some due diligence and if you're in Florida get yourself a citizen's quote because you'd be shocked sometimes at the differences but this is playing out all over the country man in Florida it's of course dramatic to say the least but yes all over the country but a sad deal when you start seeing people that can't afford it deciding not to cover their house I mean you have one person in here that tells the story one gentleman lived in his home for 25 years he's estimated he saved $50,000 over that time folks that can be one bad storm rips through like that nonetheless these stories popping up everywhere alright let's talk a little bit of auto workers right now we talked about this before and here's all I'll say keep an open mind folks I've talked about it before you're going to see these things the knee jerk reactions going to be oh come on 32 hours what are they going to do why can't we have a 32 hour work week and I'm not saying we should but why can't we I would love to see some really great arguments and debates from both sides about how they think forcing everybody to subscribe to the 40 hour work week versus the 32 where did the 40 hour 5 day work week come from I'm on the soapbox a little bit right but it's important to question the norms as you go through life folks okay and I don't know I mean maybe that would dramatically decrease GDP growth all that stuff let's hear those arguments okay I don't think it would I don't but that's my perception but we've come to accept the 5 day work week when there's no reason why a 4 day work week wouldn't have been akin to the same deal you'd still make the case that you work more than you rest you work 4 days you rest 3 days you work 4 days you rest 3 days where did it become you work 5 days you rest 2 days right why is that the article that defines whether you're aggressive or you're lazy right so just keep that stuff in mind when you hear this stuff coming out man these car makers they've made tens and tens and tens of billions of dollars recently and now their workers are going for it we're seeing a shift here in terms of what's happening and folks you need livable wages okay this unemployment rate we have these days it is based off the fact that many people make a non livable wage very easy to have a low unemployment rate when you have a non livable wage that is defined by that because many workers are employed with non livable wages going forward but boy this one's going to be a brawl the news was out was it Friday right but I think they were talking about let's see yeah it was Friday when this thing spiked to 1158 we're back to 1205 for Ford but I think that news came out when they had that they may be spiking striking excuse me not spiking as early as September 15th yeah alright let's jump around to see how some of the fang stocks are doing just give me one second here folks okay Amazon shares down 80 cents right now we're trading at 132.45 you got Apple shares right now in the positive but pulling back on the open as well we jump around to some of the banks bank of America this morning up by about nine tens percent J.P. Morgan up by about three quarters percent right now we jump over to city city down about seven tenths percent wells Fargo shares catching a bid up by about 1.3 percent we jump over to the dollar index right now DXY sitting in 104.80 right now in the dollar and let's keep our eye on yields as well yields backing off a bid in price and what are we talking about right now 4.21 we got a lot going on in this market man as we commit to Labor Day weekend and jobs numbers on Friday as well alright let's see what else we got pulled up there we talked about the auto workers a bit yeah let's talk a little bit of yields I mean it's amazing how many of these stories focus on the same things right where are yields going right now where are yields going most importantly we commit to jobs numbers on Friday which define everything but you're talking about a repricing to a certain this is not how the debt is supposed to work you are supposed to issue debt in bad economic times and pay off that debt in good economic times that is the most worrying fact of everything going on right now that's not what's happening at all we have 3.5 percent unemployment stocks are through the roof AI is taking over and we have deficits running at record levels so the yields are paying attention man and I bet they are going to be paying attention as we go forward this has got to change and 4.2 percent doesn't seem like that bad of a deal considering how we come to a cliff every so often about paying our bills all right folks one more segment S&Ps up by 26 don't forget about my dad's gold report check it out new issue out this morning on the front page of TFNN you can sign up 30 day money back guarantee go get it done we'll be right back with rising inflation rocketing interest rates of all to dollar an uncertain market there's an asset that all traders flock back to gold however these are regular times also mean a regular gold market which presents its own unique challenges this brings up the question what moves the gold market this is a question I'll be answering in my next live webinar on August 30th from 4 p.m. to 5 p.m. I'll be hosting a live free webinar for all those who subscribe to my newsletter the gold report the gold report has been in publication for over two decades and I've seen just about every market gold has been traded in this experience lends me great insight when trading gold and other mining equities and now that inside can be ours on August 30th I will deep dive into gold bonds in the dollar where they are now how they affect each other and what to look for when looking to set up a trade additionally I will provide a comprehensive breakdown of the XAU HUI and GDX as well as cover individual what gold equities and answer questions live on the air subscribe to the gold report today so you don't miss this rare moment gold TFNN educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the technology methodology known as the Chapman Wave the Chapman Wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day 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 TFNN.com educating investors in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically 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much where we kicked off the program you got a little bit of a pullback in the Nasdaq 100 we're sitting now up about 4 tenths percent you have the Dow catching a little bit of a bid right now up by about 8 tenths percent and the Russell really catching a bit as we're up 1.2 percent right now you jump over to that gold contract folks as I mentioned don't forget about the gold report subscriber webinar Wednesday folks new issue out today check it out if you've never checked out the gold report man great time to do it my dad's jazzed about it hasn't done a webinar in some time and even if we have some storm problems alright we're gonna get that webinar going around Wednesday we'll see Wednesday night as the storm looks a little rough but don't delay sign up we got a new issue out for the gold report today and he is primed and ready and we'll see where gold goes you take a little bit longer term picture that gold contract well off the highs of what 2086-2085 was the high back in May was sitting in 1945 you've been chopping around at this area folks for basically three years right let's back it up even further than that pretty remarkable you come up to the highs we had in 2011 that's basically where we've been chopping around for a three-year period we'll see where we go from there to say the least alright let's check around to some of the other stocks some of the airlines you got American up a bit up 1% this morning Delta Airlines up a bit up 1% this morning we jump to the cruise companies Carnival up by about four tenths percent right now Norwegian up by about nine tenths percent right now we check in on some of the Magnificent 7 NVIDIA gives it up a bit as well man okay be careful getting into NVIDIA at these prices folks we're $70 off of the highs that we saw coming into the day after their earnings event we're solid $50 off where this thing was when it just opened okay and we are $40 off where this thing was hours after the open in terms of the stop the pain yeah Tesla shares giving it up on the open we're flat now after being up to $305 alright folks stay tuned we got our man Basil Chapman he is coming up next with the Tiger Technicians Hour we got our man Steve Rhodes we got Fast Market from the Schwab Network our man Larry Pezzavento is feeling good his voice is back he's going to be live my dad Tom O'Brien live to from three to four folks stay safe out there have a great Monday we'll see you tomorrow morning stay tuned for Basil and remember that Gold Report front page TFN have a great one folks