 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 our man, Alan Homo-Sasa. What's going on, brother? It is any wonderful. I went ahead and invested in your tiger dollars. And I went ahead and got your gold report for a year and also your call letter and stuff like that. And I got over a 50% return in one day, not counting everything else. But I just want to thank you. Tom's not perfect, but he tells you how to put your stops in and keeps your losses small. You can take your small losses, but then all of a sudden you'll be like Dave Root and you'll hit a home run. I mean, a big home run and put the money in your pocket. OK, brother. You're awesome, man. Thank you. Now, Tom O'Brien. 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 night, folks. Create the perfect relationship between you and your body. Treat your body with all love, honor, gratitude, and respect. When you make it to go to adore your body and accept yourself completely, you learn to have the perfect relationship with anyone else you are with. My good boys, let's take a look at it out here. We have the Dow Industries Up 24 and Aztecs Down 102. S&Ps Off 17. Gold. Gold contract up $4.70. Trading at $16.80 an ounce. We have Silver Up 19 cents, $19.67 an ounce. Lights recruit up 56 cents. $83.47 a barrel. Notes and bonds. You get the 10-year, down one full point, plus 13 ticks, at $112.26. The third year, down two, plus seven ticks, at $128.12. And King Dolls. King Dolls up 600 ticks. Trading out here at a price point of $111.243. The euros at $98. The yen is at $142.00, and the British pound is at $112.00 to one US dollar. iPhone numbers 877. 9276648, give us a call, folks. Want to know what's going on in your world. In the world of the S&Ps, let's take a look at it. What do you have? Well, I'm going to go into the futures first, man, because this has been a really cool day if you're in front of a screen. And as to the aspect of how this continued to try to get the lower price. So if we take a look at this, what you're going to see is this, OK? This morning, it was full about an hour and 10 minutes. Going sideways, couldn't break the low, couldn't break the low. We finally broke the low, folks. But when we broke that low, now these are on 10-minute bars. You watch me all the time. That's what I trade off. That's what I love. Bottom line, we broke that low, folks, inside the S&Ps with one half of the contracts. One half, OK? The bottom line, that says what? What does that say? That says there's no more sellers down below. Now, I'm not going to be the only one that understands there's no more sellers down below, because because we're so close to the lows, right? If you break the lows and you have sellers, that S&P, OK, at the time, the S&P got down to a price point of $37.63. Man, that thing should have went to $37. OK, that's how that works out. That being said, that's not the bottom line, because inside the out of time in the trade, you look to both ways. Well, what did we get next? When we had the thrust higher at $12.20, it had volume. It had good volume. It had volume of 48,000 contracts. Now, what's going on now? We just took that out with 55,000 contracts. Guess what? We're going higher. You're going on a rejection of price. You're going higher. Now, watch this. This is really cool. So we're dealing with the bottom, right? So let me show you something with the bottom here. I talk a lot about the aspect of markets testing lows, testing highs, right? And testing the highs of lows. Well, guess what? If you look at the SPX, the high of the low bar is $38.38. Now, we came down into a price point of $37.49. Right now, we're at $37.66. This is not a weekly. So we are at into the highs of the lows. Now, if we close tomorrow above $38.38, that is going to be technically a test of the highs of the lows. Now, so now let's go, because what you'd be looking for, you'd also be looking for the test on lighter volume. So now let's put this up, and we'll put the spy up. And we'll take a look at it and see what exactly we have there. So when we take a look at the spy, right now, what's going on is that we are testing 645 million shares. Well, the bottom line, we're only at 321. So if we get this rejection, man, bottom line, can't bust them down, what? Where are we going? We're going up. We're going back to the top of that 431. And listen, that can consolidate there for a long period of time. We'll have a better understanding on the bounce to see if the volume contracts again as it gets up to the higher level. What that would mean is that you're going to be in a consolidation. A wide consolidation like that, folks, OK, is a field day. That's the bottom line. It's a monster field day. Now, let's get over to the dollar. Let's go to gold first, because the bottom line, gold did have volume out here today. This question is that because of Russia and the UK and nukes and all that, I'd say, yeah. I mean, I don't think any of us really understand the ramifications. It's one thing hearing Putin going out of his mind. It's another thing that if it ever happened, OK? And yeah, they were running to gold. So I'd say that's yes. Technically, I like how it's coming in to the rest of these bars, because it's coming into the bar and you have an expansion of volume. We go into the dollar, and this is still going to be the wildcard. We had the bank at Japan last night, came in with intervention. So what you have with the dollar is that it's hanging at highs, man. That's the bottom line. If we go over to the bank at Japan, we take a look at the yen. What you're going to see is the bottom line. They came into the market. You know, the yen went from a price point of one, that $145, then hit a low of $140, and you're laying out at $142.21, which is still highs, man. That's the real bottom line. They can probably intervene as much as they want. It's going to have to be a lot more intervention, and I expect that the amount, the strength of the dollar, no doubt, is doing mayhem. And we'll see if larger traders start selling the dollar. And they very well might. There's the bottom line is that you know how these things go. You go up, down, you go all around, and it can be very fast. It can be very furious, particularly in the context of the foreign currencies. And when we take a look at what Powell said yesterday, where Powell was going is that he wants four. So the Fed said they want 4.3, folks, by 2023. They didn't say they want it by the end of 2022. Well, that's only 1.25. Well, yeah, we're already at 3.25 right now, you know? So guess what? This thing wants to bounce. Dows up 94. Nasdaq has down 78. S&P's down 6 and 1 half. We'll come right back. Blooming inflation, we are purchasing powers eroded. There's no better place to protect your hard-earned money than in gold. VISTA Gold's flagship asset is the Mount 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 and a politically safe and friendly mining jurisdiction. VISTA Gold just completed the Mount 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 distinguishes Mount Todd as an attractive, devious partner, ready-development stage gold project. VISTA 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. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at 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. 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. Toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks of Dow. Dow Industries up 42, you get the Nasdaq down 94, S&Ps off 13 and a half. Let's go to Bill in book return. Bill, what's going on? Well, thank you for taking my call, Tom. It's been a long time, but I really have enjoyed listening to your show off and on for years. You're great. Well, I appreciate you growling a problem with us out here. I'm looking at Valero, VLO. Okay. What I, I'm into measured moves sometimes and they had a high, it had a high of 145.08, I think it was a closing high back in June and it came down to just under a hundred and it's bounced back. And from that high, which was, let's see, maybe in August. Yeah, the end of August. Then I'm thinking that would you take the amount of the move from the path down trend and then go to the top of the June high, I'm sorry, the August high and then take the same amount and then you end up with a close down to the bottom of about $79.12. Okay, I see the same. So, okay, so let's just look at this. So that move, okay, so that move from the top to the bottom what did the counter trend bounce was about a 55% move, okay? So there's a couple of different things that ended up happening. The closer that you get a bill to like the bounce, it almost did a .618. So when you do a .618, right, it just missed it by the .618 is 127 and we did 125.38. So when you do something like that, right, most of the time you're not gonna break out the lows and you can see when we went down there we didn't break out the lows. Now this is really tricky here because we had big volume, okay, on the 16th rather, but yet it didn't break that low. You see how that works? So that in itself is like, okay, you wanna consolidate for a bit. You know, so I don't see that going down to that 79. I see this that more than likely, see that low that was established out there that's a high volume low, you know, I think that's gonna get tested because we did get under it by a penny the next day but it's like, you know what, you have volume contracting here, you're going against right now 5 million and 6.3 and you're only doing 2.1, you know? So that's telling me that it wants to at least test that last swing low of 101, you know? And you might get what you want. But I think 101 is more game than the 79 area. There's been a lot of talk on the TV about higher prices going up on the energy market into the winter months, but at the same time, you've got Volcker, I know Volcker, you've got what's his name, jerking up interest rates at Powell, that you just can't, I mean, you're fighting the Fed a little bit here. That's correct. Absolutely, right. It's like, I don't know, I shrugged my shoulders, I just, what I like to do is sell covered calls. And by the way, you were the one that got me on to that. No, that's awesome. Yeah, that's awesome, man. No, listen, man, I think you're absolutely correct in the aspect that the Powell, so listen, we also just look at this for our own, whatever is happening in our own personal cities, personal families, inflation's got to be killed, folks, okay? And then, and, you know, they're going to get closer and closer to say flat out, they got to put us in a recession to get a kill, because you're not going to come back. My take is we're not coming back to 2% period. He keeps saying 2%. You know, we're not going to go from like, you know, an overall inflation rate of, you know, over, you know, double digits down to 2% in like two or three years, you know? We got to come to four and lay off a bit, you know what I mean? But, and that's going to squeeze everything. There's no doubt. And what you also have, you know, Bill has said, yes, that in the winter months, you know, the bottom line is that you need heat, you know, the Northeast and all this, but you don't have as much driving, you know? I think this, you know, and a lot, I think what we're going to have is that, you know, this dollar's going to back off, you know, so, you know, I think, you know, I think that oil is going to be worth less money, man. That's the real bottom line, so. What about switching over to the pipelines like Williams Company or something? What's the symbol for Williams? WL? WMB. WMB. So, the low is 24, the high is 37. Yeah, I know. See, this one here is telling me he wants to go to that low too. I mean, you know, I mean, if you keep these for longer term, you sell a couple of calls, I think it'll make money. Take up the premium, if they take it away from you, they take it away from you, you know what I'm saying? But, you know, Williams looks to me like wants to go to 29, that's sticking out like a sore thumb, you know? And then, see like, what, five days ago, see how it came down with volume too? You know, this sell is in this, this sell is in this, this sell, this sell is definitely in the, not all the energies, but the sell is in the energies for sure. Well, and you just don't, like I said, I'm thinking that, the standard fee isn't gonna be as needed as everybody thinks it is. I agree. Yeah, because we're gonna go into recession. Listen, it's already, it's already happening. I can tell you, so check this out, folks. I think I explained this before, that I build a lot of houses, all right? So, you know, they talk about supply chains and all this, the supply chains totally wide open, man. Don't believe for a second you can't get stuff. You can get as much as you want, in fact, more than you want. My trusses just went down 20%, 20%. I mean, that's how I've built this first. That's a billion dollar company. You know, prices are going down. I get three crews work and people need jobs. That is a total difference than even 10 weeks ago. Well, let's say, let's say 12 weeks ago. You know, it's happening, man. We're in it right now. And you know, what I suspect is gonna happen is that this housing business is gonna get hit in a big way, okay? It's gonna hit good 20%. And folks, what happens is that the housing business in general is so many people that work in it, that's a lot of jobs lost, man. As a lot of jobs lost, everyone's gonna tighten up. And then we're gonna find out what happens with all the people that never wanted to work again because, you know, too much money was sent out. You know, that's gonna be a wild card too, man. It's like, okay, now they don't have any money, now they're broke, now there's no jobs. You know what I mean? So, we'll see what happens there. But yeah, my take is it's gonna slow down a bit. Tommy, it's interesting you're in the building business. I had a builder in South Carolina tell me, he says, the problem is, and with materials right now, he says, until we get everything finished, he says that the labor guys are just, the subcontractors are just throwing out big labor prices. And so the price of the homes and everything is not coming down that much yet. But he says, once they run out of money, he says, then the labor price will fall and then the price of the labor price will fall. That's already happened here in St. Pete, you know? It might not have fallen, but this is what it is. So, picture, normally I would do, I have one crew, and when I'm talking about the crew, folks, that crew does all the details in the house because you need people that are really talented, woodworking-wise, right? I have three crews now, man. It's like they called me, do you know what I'm saying? It's like, that's awesome. And you're talking about very talented people that need work, so, you know? And that switch, just like this, man, I mean, that switch, like, yeah, this wouldn't have happened three months ago, man. Yeah, so, yeah. Thank you, Tom. Okay, man, have a great one, have a safe one. Dow, Dow Industrial's right now, Dow 115, Nasdaq is off 102, SAP's off 21, 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 see for 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. 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. tfnn is excited about our new software charting program, the Art of Timing the Trade Chart. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding 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 gonna 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. 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 up 15, Nasdaq is down 104, you got the S&Ps off 15. Let's go to our man, Dan, in Los Angeles. Dan, what's going on? Hi, Tom, great to have you. Just listening to you that you mentioned that there are no sales anymore. Do you think it's a good time to get into the markets, to invest in goods, some stocks, or just the SPY? So when you say, I think there's gonna be a big bounce. Okay, so if you like equities, some equities that you'd like, yeah. I mean, my take here, that if we look at the S&P, the SPX, it doesn't necessarily have to go up to that. My take is that we're gonna go right back to that 41.19, and that's gonna be, on the 12th of, we just came down there quick. I suspect we're gonna be back there. We'll see whether it can make it all the way up to the 43.25. It very well could do the 43.25, and what will end up happening is that we could go sideways for a year, year and a half or something, do you know what I'm saying? I don't see this going to highs, but that's a nice range, man. It's not a bad range, you know what I mean? Yeah, last time when I spoke to you, you asked me to sell at 44 under or something like that. I was out from the market, and you said that it would be coming, I'm just waiting. So I just heard from you today show that there are no more sellers, so I see that still inflation is too high, but I know for sure I work in an advertising firm. Yes, there is a less demand, but still there are a lot of people who want to advertise and get into the market. I do think that market should be fine here, like MMS will be okay, they won't be like not too much, but after December quarter, probably we will know more over the year end. So into that December Santa Clara Valley, I would like to invest some of my money, at least 20% not 100%. Now I think you're right, man, and I can say, so check, you're in the advertising business, right? Yes. So check this out, this is a trip. So what happened folks in St. Pete is that the, I build a lot of these carriage houses with my main house. I built basically 16 of them in the last few years, okay, that's not, I'm not talking the main house, built a bunch of that, but the carriage houses. So they changed the zoning, okay? And now everyone can have a carriage house. So they'll tell you what I'll do because I sell advertising for TFNN, but I buy it, right? And this is where I think the economy's at. So I'm doing these, because I've done so many of them, I can do them pretty quickly and then I have the crews to do them. Now that being said, what has happened then is that I'm actually spending, this is the first time that I'm actually spending money to solicit all of St. Pete and I'm going to end up spending 60 or 100 grand on advertising, okay? And I've been thinking this through myself, like, okay, this is really intriguing because we're looking, I'm looking for a pullback for sure. And as you just said, but there's still plenty of people that are in good shape. So what happens is this, it has to do with discipline folks and not being over leveraged. And I think there's plenty of people that have discipline that are not over leveraged. And these are the times that you can really accelerate, you know, if you're set up correctly, do you know what I mean? So I think you're absolutely correct. And what you brought up under December was really cool because, see my take yesterday, when they said that they're only looking for 4.6% and 2023, well, we're at 3.25 right now. So the bulk of this is over. It doesn't mean that the damage is over. The damage is just starting, okay? But what happens is that if you know what it is, okay? So my take is that I'm saying, okay, you know, rates are gonna be, the mortgage rates are gonna, my take folks is eight and a half, nine percent and that's gonna destroy everything, okay? Now, that being said, what ends up happening, I'm bringing that down, I'm bringing that number about another year from now. That'll hang out there, but then as soon as that turns, as soon as that comes back a half a percent, this market will go all crazy, man, you know? So, you know, it's gonna be, it's like that whole, you know, it's tough medicine at the beginning, your body's hurting, your mind's hurting, but once it releases, man, once the body knows it's repairing and you're off to the races, man, you start building, you know, higher price. So we'll see, but that's my take on it, man. Yeah, so so far, like I've been buying like the short term treasury bonds, like the week on week, I'm rolling over. Nice. And then I'm getting like 2.5 percent written on them. Yes. I think that's a great thing to do. Hey, listen, man, you can just ladder those. So, greatly, so what he's doing, folks, is this. Watch this, I'll bring this up here right now. On, excuse me, if you're watching Tiger TV, look at this, look at this, folks, okay? The bottom line is that you can do, you can make 4.1 percent right now for two years. In this type of an environment, that's awesome, man. And you can ladder them. Because that, to me, is gonna go up to 6 percent, Dan. You can ladder them all the way up. You know, you even it out, you'll probably make 5 percent for the next couple of years. That's a nice place to be in a market that I suspect is gonna be very tough and going, you know, it's gonna consolidate, do you know what I'm saying? So, I think that's a good, you know, and you could, you know, for this bounce, you get those going, you can get a couple on the bounce and then just don't get greedy, man. This is gonna be a market that you can't get greedy and, you know, at swing points, you better keep your eye out of what the volume is because the volume dies, that means that we're gonna be in a big consolidation. You know? Yeah, but as a long-term investor, like these are just like any kind of my IRA account, so should I put like some of money, like a 20 percent now, and then maybe, I would say in the IRA you could because what happens, so what happens to an IRA, folks, okay, is that you're not paying taxes. I mean, if you're a regular account, I wouldn't bite yet because the difference in an IRA what Dan can do, it gets up to the swing point, you can sell it, there's no tax implication for a different ball game, do you know what I'm saying? Yeah, yeah. Okay, man, you have a great one and a safe one. This is awesome, come on, we're going over to Paris. I did. What's happening? Hey, Tom, it's Adam from Paris, how are you? I'm doing great, Adam, yourself? That's good, long time no talk. I appreciate everything you've done for me and my family over the years, so. Well, we appreciate your kind of problem with us. Yeah, sir, I've done, you know, gold reports and all the soft words and I've got all your books and read them. Thank you so much. Appreciate it. Yeah, sir. Hey, so my question, so, you know, you had me, I've been watching for the early 2000s and I wrote up the curve with you, we sold early on and then in March of 2009, I remember it very well, you can go back and watch the show, you had more conviction than any human being I've ever seen and I bought into the market and wrote it all the way up until December of 2021. Wow, that's awesome. When you said, hey, it was time to go guys, it's something bad happening. Okay. We sold, the family sold and it's generational thank you. That's amazing, that's so cool, I love it. And so now I'm hearing you today, go buy, go buy. Is it that time, is it that type of conviction of March? Listen, it's so cool what you're saying because I was trying to figure out myself. I had one of the tigers in the Zen set, I love his enthusiasm. I am that crazy right now, exactly. Now, the difference is, listen to the difference. And when I say that excited folks, what happens is this, the March 2021, I felt that that was the bottom, okay. This one's, I would say that this could be a short term bottom. And I really know as to how we go up, if I'm correcting the assessment that we're gonna go up here, how are we gonna go up Adam, right? Because if the volume starts contracting, you know my game, it's like, okay, man, this isn't it yet, okay? So that's kind of where I think- I'm gonna do it as well, so I appreciate you just hearing Paris on short term, I live in the States, so I appreciate all your help. Well, listen, man, I appreciate you and your family. Thank you so much. Yeah, be great. Have a great one, man, have a safe one. Stay right there, folks, we'll come right back. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study, resulting in a seven million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accreted transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGZ. Vista Gold executing a strategy to create shareholder value. 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. 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Down just is up 36, you get domestic, down 91, S&Ps are down 13. And I think that we all probably have to hire Adam folks, because if you just want to see something, and listen man, this is, you know, you know, this is pretty amazing. You know, bottom line, you heard me said, I mean, he wrote this thing from 666 in March of 2009 and right up to December, talking about 48, you know. And that, listen man, no one's ever seen a run like this, you know, that's alive, that's for sure. So congratulations man, I think we all better hire you, because yeah, I might be able to say it and do it and all that, but I guess what? I didn't get that whole run, we did all right, but that is fabulous, and congratulations. Let's get into the Dow industrials and see what the movers are inside the Dow. So if we take a look at the Dow right now, what you have is that, you have United Health putting 48 positive points, DMGN 27, Microsoft 23, taken away from it. Goldman minus 47, American Express minus 30, you get Boeing minus 26, inside the MDX 100, the strength versus the weakness inside the MDX. Vertex pharmaceuticals up 2.6%, Pinduoduo 2.3, Activision 2, taken away from it. Airbnb down eight and a half, look at that one man, Lucent down seven, AMD down five and a half, and you get Marriot off five. Let's go look at Airbnb, I wanna look at this because I think what you're gonna have happen here, right? Is that, look at this, yeah. So one of the, when I'm looking at the real estate market in general folks, right? What I'm trying to figure out, and I think it's gonna have to do with, see, as that old saying goes, you never know where everyone is until the tide starts going out. And there's no doubt we're nowhere near the aspect of, you know, that the 2007, 2008 meeting over leveraged inside the housing market, except for, there's plenty of people that are in this Airbnb business, and I think that business is vulnerable to some real hits, you know, because what ends up happening, of course, we go into a recession, you go into a recession, there is less money, and they just may own too many apartments, that's what it comes down to. You know, so we'll see how that does shake out. We get a target that's in the den, there's no doubt, you know, saying that the aspect is, hey, listen, there's plenty of people that have cash, good income, and that's correct. And that's what I think's gonna save us folks. That's the reality. I think there's plenty of people that have cash, that have enough experience, that have been through these downdrafts, okay, and they're not greedy, because that's what it takes, you know, that's the bottom line, that's what it takes. It's hard to basically, you know, not be as aggressive as you might wanna be, you know, and I think that's what we have because of the experiences in the past, and if that's what we have, that's gonna, what will end up happening, my take is that what will end up happening is we're all gonna have less cash, first off, okay? If it's not less cash, you're gonna be putting, you're gonna be able to put, the people that have it gonna be able to put it out to create more jobs and to create more manufacturing, to create more GDP in the country, okay? That's where I'm going with it, and I think that is one of the saving graces. I actually, you know, I think that's where we're at, and guess what, cash is trash, okay? But we know cash isn't trash right now because of the fact of the strong, how strong the dollar is. But in the context of longer basises, you know, my take, and I went through this whole thing about the commodities and what I don't care about is wood, stone, I have a much better conviction that those compared to a fee of currency actually will hold up a lot better, you know? That's my take on it, even with the dollar being this strong, you know? So we go back to the market again, and you're gonna see this market wants to run, man. It's, this is like so deviant, it's so cool. And this had to do, you know, it really had to do, and you had to be in front of a machine, folks, and really, you know, it was smart to really understand, you know, the aspect of how it was trying to break lows and once it did, it just didn't have the juice. Now, what we have here is we got the confirmation 40 minutes ago, that bar 40 minutes ago was a great bar. This one here is coming up as gonna be a great bar. That bar, the first bar was 17,000 contracts. We're breaking that bar right now. That's gonna have 17, 25, something like this. I mean, it's accelerating right now. Right now we're 11. So this is telling me, man, you're gonna go, this wants to run, man. That's the bottom line. And the real question is, how many are on the short side right now? Because, you see, when you look at it, it'd be like, okay, do you wanna go on to the weekend? Long, well, I wanna go in long. I can tell you that flat out, you know? Because I think we gotta establish something here. And if we have established something here, the acceleration off the lows are normally pretty good. That's how it kind of shakes out. Then, what do you do? You're gonna build a cause. You have to go sideways for a bit to do the next one up. And a lot of this I'm getting also from the context of how these gold equities are operating. The gold equities have been a disaster. All right? That being said, the bottom line is that they're getting some juice. You know, yesterday they got juice, meaning they got wide price spread. They got volume and then they all failed. That being said, guess what? They're going right back in that flavor. And, you know, we'll see whether gold and silver, silver's got itself, let's go look at silver, because silver has definitely been stronger than gold, which is very unusual. S, where are you? Silver. I want the S-I-Z. Oops, there we go. So silver, it's 61,000 contracts. That's great contract volume. Yeah, see that sign of strength from two weeks ago is the beauty, man. That sign of strength saying silver wants to go to 2098. You get 2098, maybe we'll get the 22, and then, you know, we'll see how this baby shakes out. It looks to me that, you know, you had Japan intervene in the currency market for the end, the real question's gonna be, is there, you know, we're gonna wake up some morning as if there's gonna be intervention all over the world, and then they say that they wanna calm down the dollar, which is real possible, by the way. But until then, folks, okay, the bottom line, go get your euros because the euro is at 9843, you know? So if that's the case, you know, and the dollar starts backing off, well, guess what? The euro is, you know, gonna get to a higher price. And right now, you know, let's say it's par. You know, it's below par a bit, but the bottom line is that it hasn't been at that level for quite some time. And, you know, some of the higher volume equities that we have out here today, you have advanced micros down four and a half bucks. You get Nvidia off five and a half bucks. Tesla's down 10. You have, Google's up $1.60. One of the favorites inside the den, Covada Science, oh, I guess they're all happy in the den. Man, I'm telling you, this thing, so this is something else. Look at the stock, man, oh my God. So this stock in four days, folks, in three days it got us from $29 to 50. This is all about. This is a shot squeeze extraordinary. The shot position in this, okay, is 33%. One out of three shares a shot. Stay right here, folks, come right back. 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 value tech stocks, as well as entry prices, target prices, and stops to set for each trade. 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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. Welcome back, folks. The Dow Industrial is up five. You get the Nasdaq down 110, S&P's are up 19. So let's go take a look at how this setup is, because you're under the lows of yesterday. That being said, what you're going to see, you get a big contraction. So we'll see how this shakes out tomorrow. Right now, we get 77 million shares. We broke yesterday with 106. So that's a big break downtown. No doubt. Now, as I said at the beginning of the show, it's not a big volume at all when we look at the weekly. But when we also look at the weekly, what's happening is that right now, you are into that bar by halfway. So it's like, okay, the toss-up is like, okay, man, you're going to get down there. You're going to test it. What are you going to do? You know, my take is that this is still making a bottom. And I suspect tomorrow that we're actually going to be higher. We take a little bit of a break. We take a look at the QQQs. Are you going to see the same thing yesterday? What we had, we had 82 million. Today we only have 56. The 56 is going into 79 as well as 81 as well as 86. Same setup though. You want to get back inside that range because of the amount of price as the price got below that price. That's a big deal when it gets below that price. There's no doubt about that. We're going to take a look at the gold contract. What I suspect we're going to have with gold, you come into a Friday. Now, my take is that gold's going to run tomorrow because I suspect that something's going to fly overnight inside of this dollar. That's where I'm looking because yet, what you had last night is you had the Bank of Japan come in, they intervened in their market, and guess what, I really didn't do a thing. Yesterday, yen-wise clothes that are like 144, well, you're at 142.35. If you're one of these large currency traders, this is the typical stuff that they deal with on a continual basis, that central banks, bottom line, want to protect their currency and large currency traders want to basically take them to the cleaners. Oh, as you remember, folks, whatever you think about, you bring about whatever your focus on grows, and whatever you want in life, folks, visualize it like a nice big-motion picture. Step into it, take ownership of it, fly with it. Come visit Tommy tomorrow morning, kick us off night and the morning. Great show, folks. Look at him, folks.