 Because when you know better, you invest better. Join us and experience the difference today. TFNN Educating Investors. The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. OK, I'm looking good. Billy Ray feeling good, Lewis. I want to go through the silver trade that we talked about here on Friday. If you remember this long term weekly number that we were looking here, which is a 2760. Remember, I sold it at 2760 with a 2 cent stop. We missed this by half a cent on Friday and it closed right on the high. And I said, oh, dear, this is going to be a disaster for me, especially after I'd seen all the charts that JC Parrots had said of how high gold was going up in different currencies and the fact that it could literally accelerate to the moon and it looked like it was going to do that last night. But last night when silver opened, it dropped folks 70 cents. Now, by the time I got to the machine, it was trading right here. I ended up getting out of it at about a 1 cent profit. And of course, it went straight up. Now, the reason why I'm bringing this to your attention is my whole thing is ABCD and Fibonacci. That's what I do. I put in stops. I don't know which ones are going to work, but I know the batting average is going to be 60% roughly. You're going to have strings of losses. No question about that. You're going to have some incredible strings of profits too. But if you don't put a stop in, forget it. Do something else. It's just not going to work because you think something's going to happen. Chances are it probably won't. But if you follow a little program that works relatively well, and we've been doing this here at TFNN now for 17 years, make sure that you put a stop in. Because if you don't, you're what you call a road killer cannon fodder. It doesn't make any difference. But look what happened. After the low came in, you'll notice that silver pulled back. You'll see it went almost exactly to the 61% retracement, missed it by a penny. That meant that we probably had an ABCD pattern in this level right up here. And you can see the high of the day, ABC measured to 2818. And the high of the day was 2819. So it missed it big time that time. It missed it by 1 cent in silver. Now we've had to move down. There was your first 382 retracement right in here. If you did that, but let's do, since we don't trade silver very often, and this is something that I put in the newsletter, is make sure you take a look at what's happening in the gold market. Because here's what we were watching in the gold. There was a number we were watching. If you go down to that smaller time frame, because gold opened sharply lower also, you can see what happened here. There's where it closed on Friday. There's where it opened. Broke really hard. Get all the way down to this level right here. That's really a big surprise, right? Because the last time we had a drop like that, just drop in, see the last time we had one like that, it dropped that far. And this time it dropped, not quite that far. But where did it stop? We'll just take a look from the low that we made on Friday. So the high that we made on Friday, where did it stop exactly at the 61% retracement? Now if we did the same, wait, it's not done right. That's incorrect. Let me do it, because it missed it by about a penny, I'd say, hold on, trying to be as accurate as I can here. The high up to the low, we came to the 50% level right here. That's where it came to. It didn't quite hit. This was 19, was the low, and excuse me, 20 was the low. 618 came in at 18. But what it did do is it did the same thing that Silver did, going back to that little thing we call the ABCD. And if you mark it there and mark it there, it measured to 2372.80, and the high was, this was a little better, 2372.80, hit it exactly on the money. And then there's your first 3-8-2 retracement here with your ABCD that we like to see right there. That came in at 2358. So that's where it, now we had a move down. It hasn't done very much. It still looks incredibly bullish. Now I've been saying all along, watch to mark it when it makes corrective moves. See that last corrective move there? And what has it done so far today? Did almost the same thing. A little bit more, may or may not mean anything, but that's how you trade a market that's trading for $234,000, and you try to trade it for less than $1,000. That's really what you're looking at as you try to see these things unfold here. But right now, it still looks incredibly bullish. As a matter of fact, if you did the ABCD again, there's your first ABCD move of the day right here. And where does it come down to? Right down here to 2338 and what was the low? 2338, it's already rally $10. So that's the nature of this business is it's probabilities. It's not certainly, it never will be. And I hope you don't ever think that it will be because it won't. And what I do is relatively simple. It's not hard to do. It takes practice and you're gonna have periods where you're gonna have losers and you're gonna have periods when you have wins, but if you hold on and just do what you're supposed to do day after day, you're gonna be doing okay. Now we're gonna have a full time, three hour trading day on Friday from nine, excuse me, from nine until 12 o'clock New York time. I'm gonna be trading live and I'm gonna be doing again every two weeks for a couple of months here and see how, because we've had a request to do it and I like doing it in three hours a week is not gonna be hard for me to do, especially Friday and we'll be able to have some pretty good things. As usually report that day, you have a lot of volatility. So that's what we're looking at. Now one of the charts that I've been asked to talk about is the hog chart because that was one that looked like it was beautiful. Here's a really a perfect example of something that just flat didn't work. Here's your June hogs. I'm gonna get these up here on the daily, okay? Now, oh dear, well they've gone up, well they've matched the high of yesterday. We'll let that on a smaller timeframe but there was the three drive to a top pattern right here. Okay, there's where you were wrong. You see when it went above that, that told you that there was something wrong and of course it'll continue to go higher. Now what you've had today is a narrow inside day here. You can see it right here. If you look at this on the smaller timeframe, you're gonna see there was a high of yesterday. It opened a little lower, hasn't really gone anywhere. There's not really a pattern here that you can look at the way I handle this I won't touch this until I see a pretty good correction and then I'll look for a retracement possibly on the hogs but this was a failed pattern that just didn't work, okay? Now with all the explosion that was going on, hold on, I wanna get rid of this. I wanna talk to you because these metals went really crazy last night on Sunday night and I wanted to bring your attention copper because we had talked about copper having a high in that 126th level. Let's see where we can find the copper here is copper. Let's get the weekly up so we can take a look at it because we should have taken that high out of the previous week. Let's take a look at where we are. There's where we're looking for it to get just a tiny bit above here. If we look at the daily, you'll see that we had a really nice pattern forming here at the 431 level, okay? Now so far the high on copper has only been 430. It's trading at 428. So that's another, there's an ABCD pattern right here. That was a possibility that we could get to that point. We haven't got there yet. Just trading, well, it's not very, it's only two cents away so they can make that in a heartbeat, right? So that was another one when sometimes they work, sometimes they don't, let's take a little break and pay a few bills and we'll be right back. Our guest today will be Jeff Hughes of Alpha Insights. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year Award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability Newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter, Mastering Probability and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 days risk-free today. TFNN, Educating Investors. The stock market is a delicate interconnecting web of commodities, equities and trader psychology. When one string of the web is pulled, it has a ripple effect across the broader market. This is where opportunity lies. But how are you to gather all of this information into one cohesive model when you're already spending your energy looking for any possible trade opportunities? Luckily, you don't have to worry about that. As Tom O'Brien has brought all important market news to you in one single newsletter, Market Insights. Market Insights provides a daily overview of what's happening in the indexes, bonds, gold and more. Follow along with Tom daily as he analyzes the components that affect the overall movement of the stock market, giving insight into how each one plays either a bullish or bearish role. Tom also analyzes specific equities that he believes has the potential to make huge returns and his track record proves his analysis right. All first-time subscribers receive a 30-day money-back guarantee so what are you waiting for? Don't let the market leave you in the dust. Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up, TFNN empowers traders and investors of all skill levels with top-notch investing systems, strategies and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1 and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk, so why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN, educating investors. Toll free at 1-877-927-6648, internationally at 727-873-7618. Okay, folks, I posted a four-hour chart of the treasury bonds going back to January when we had the top of that rally, which was a ABCD up at 126. We're now trading a 117. The reason why I'm bringing this chart up is because we had a special request from one of our listeners out of Wichita, Kansas to talk about bonds today. You can see we've been in a pretty strong bear market here for the past four months. We're getting near some major ABCD patterns down here between 116 and 115. J.P. Diamond, the CEO of J.P. Morgan, came on today and said that he was looking for 8% interest rates in the bonds. Well, boys and girls, 8% is going to equivalent to something about 106. That's $11,000 of where we are right now. So we had to be very, very careful just because he makes that comment. I mean, they've actually rallied back. Since he made the comment this morning, the bonds actually rallied to full point. So he might have used that for his traders to cover their positions. You don't know, that's the bottom line of what you're looking at here. So just keep in mind that this market has been very, very bearish for a long time. If we look at this on the long-term weekly, you can see there's the big 135 pattern. There were three of them, there was number 135. Five was over here and then we had a new 135 that completed up here at the 124 level. Okay, and that's where we are now. Now the $64 question in bonds is, here's where we are, we're getting ready to come down. Now, this is the major bottom. Now we're coming up and you're getting ready to make an ABCD to the downside here, 115, which is actually at the 68, 61% retracement. Okay, so that is gonna be super major support. We get started below here, this level of 115, 114, 15 or 115, starting getting below that. There's trouble in River City. This could be the low because it was right at the 50% level, bad news. The market didn't really collapse. Bad news was the fact that Jamie Dimon came out. He's well respected and that's one of the reasons why they came out and says things like that. And he has his right to say whatever he wants to, just like I do. The only difference is he knows a lot more than I do. And the second reason is that I don't control the money that he does. But anyway, this is what I'm trying to show you is if we get rid of this, you'll be able to see here that the high from this level right here, if that is indeed the high, that means that this low right here from this high, well, I'm gonna put these in because they're very similar. I'm just gonna put it over here. Just draws it wrong, so I've gotta move it over just a little bit. That's the problem with it. It's a little too sensitive. There's the high that I wanna catch. And there it is right there. In other words, that's this ABCD and where does it come to? About two and a half points where we are right now. So let's keep in mind that that's what we're paying very, very close attention to. Very, very important. Okay, now let's move on here for just a second and we will cover one other thing that someone asked me about, which was Tesla. Tesla's under a lot of pressure. I don't know what it's doing today but we had some pretty big price objectives down here. Hold on one second. Now, Jeff Hughes will be our guest here in about 10 minutes. So bear with us, he always has some great stuff. He's coming back from a well-deserved vacation and let's get the daily here for Tesla up. And you'll see, oh, we're actually rallying pretty good in Tesla today. That must be the reasoning for the thing. Now, I personally believe that we are heading down to this level right here in Tesla which is quite a bit lower. That's way down in here. The fact that we took out this low, you see this low here? This low was at 160.51 and the low today was 160.51. These were exactly the same low, 160.51 right here and 160.51. How can they be the exact low on a stock that's trading for 170? That means somebody was there with a big bushel basket waiting to buy it if it took out a tick and it didn't do that. That means it's had a pretty good rally. That's a good sign because we've rallied a good 3.5% today in Tesla. So that's a very positive sign. So keep that in mind. Very, very important if you're trading Tesla. That tells you where your stop should be. That's for sure. But whenever you see that, we saw that in Apple. Remember the Apple at 167? That's a good thing to learn. Here, let's go back in because repetition is the mother of knowledge. Hold on, get this up here. We were looking at this and see how Apple is doing very much though. Apple did pretty much the same thing here. You see here, we had our low back here which was at 168.49. This low was 168.23. 23 cents and the market doesn't go anyway. Well, today's low is 168.24. It's equal to that one. So these numbers, people know where these are. They know where people put their stops and things like that. So that's why you gotta do it. You always don't wanna put your stop at the double bottom. Put it about 2% or 3% below the double bottom. And if it's gonna hold, it's gonna hold. Apple does not look that good, folks. It's still heading down. We had that beautiful pattern that we always talk about. The mother God and country pattern is when you go from this high right here, your ABCD leg right to there. There's your 382 right here. There's your ABCD right at your 382 at 175 and that had $10 in it. There was another 382 here in the Apple also. Right here, that two-day rally that we had. You go from the high down to the low and it goes right to the 382 and maybe a tiny bit above it, let's see. Yeah, right, there's your 382. Went to half a dollar more and then came down again. Here's Apple. If you wanna trade Apple, just as soon as it breaks above this line right here, that means it's finally started to go up. So let's see about 172 or something. You can buy it at 172 with a stop at 168, a $4 risk, that's less than 3% the value of the stock. That's an ideal trade. So you buy it if it gets up above here and put your stop right below there if you wanted to do it that way. I mean, that's a really neat way to trade. That's what they call a valid trend line because it hits these Fibonacci numbers on the way down. You can see them all the time, but we trade off of the ABCD pattern so we don't watch the trend lines but if you clean this out just a little bit, you can see the valid trend line. This was a thing that was done by Hearst in his profit magic of stock transaction timing. Now, how does the market know that it's gonna hit these numbers? Look at this, there's a 382 right here. There's a 382 right here. Look at your A, B, C, D on the way down. My goodness, this is not trying to rebuild or rebuild the pyramid or the Sphinx folks. This is just trying to find a low-risk trade that you can hang your hat on, isn't it? That's what it looks like to me. Now, we're gonna have to take a break here in just about, oh, we got a minute and 18 seconds. Time for one more stock to look at and that was ADM, hold on one second. We liked that one a long time ago. We'll see how it's doing up. It's still going up folks, we're almost to the 382 now. This was the target on this. This is where we had the big drop, very, very bad news. The market came down, had all that bad news, couldn't make a new low, okay? That was your buy point down here at 52. We're now up 27%, almost at the 382 here at 64.41. And this has been a pretty good move. Right here, you knew you were right. When something came out of the good news, whatever it was, it gapped up 10% that day and it's still going, and this might go a whole lot higher, I don't know. But it's still acting pretty good. It's much better to buy it here, okay? Then to buy it here or here, that's all I can say. Let's take a break here. Oh, okay, yeah, take a break, we'll be right back. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven in hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. If you spend any time online researching trading techniques on how to begin your trading journey, you've no doubt come across many folks who push forex trading as a way to make big money quickly. Unfortunately, there are equally as many stories of these so-called forex professionals just looking to make a quick buck off aspiring traders without actually teaching the ins and outs of the forex market. This is what sets Teddy Keckstatt's the Tiger Forex Report off the riffraff. Every Monday, former Chicago Mercantile Exchange member and author Teddy Keckstatt releases his Tiger Forex Report newsletter where he dives into the complex world of forex and takes time to actually teach you his methods that have made him so successful in the fast-paced and rewarding world of forex trading. Furthermore, all subscribers receive access to archived live streams of Teddy's where he provides university-level education to help you in forex trading. All first-time subscribers receive a 30-day money-back guarantee. So what are you waiting for? Forex awaits. In the world of trading, only a few names stand out like Larry Pesavento, a pro's pro with over 50 years of experience. Larry has seen it all. A former Chicago Mercantile Exchange member Larry has authored 10 books and trained over 1,000 traders with his unmatched expertise. Introducing Fibonacci 24-7, Larry Pesavento's daily trading service that turns the complexity of markets into opportunities. Published every Sunday, receive a comprehensive report packed with detailed commentary, charts, and videos that illuminate the patterns shaping the markets with updates throughout the week exclusively for subscribers. Whether through charts or videos, Larry's analysis is your roadmap to navigating the markets. You can sign up now at tfnn.com for just $97 and with all TFNN newsletters backed by a 30-day money-back guarantee, you have nothing to risk. For all the details, visit tfnn.com. You'll find Fibonacci 24-7 right under the Newsletters tab. This portion of trade what you see is brought to you by directions daily leveraged and inverse ETFs. Whether you're a bull or a bear, you choose the direction. Visit direction.com. Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day before investing carefully consider a fund's investment objective, risk, charges, and expenses contained in the prospectus available at direction.com. Read carefully. Distributor, foresight fund services, LLC. We're back, folks, and we have a stranger in the house. Jeff Hughes, how are you? I am well, Larry. How are you doing? Well, did you get enough lobster and mussels and stuff down there in New Zealand? Whitefish. Whitefish, I am. That's what they serve. Yeah, I know. It's a great place. I was there during an earthquake during the G20 meeting many years ago, and it was really still a pretty cool place. But let's talk about where we are in the market. Jeff, we've seen these markets explode since October the 27th in an explosive blow-off that we hadn't seen for probably 60, 70 years. And are we anywhere near a place where we're going to get a relatively... Well, do you want to talk about treasury yields first? So let's certainly do that, okay? Sure, well, let me answer both questions. You know, number one, the market's up 27% off at low back in October into its recent highs. And the first 20% of that occurred in the first two months. The last three months, we've seen about a 7% increase or so in price. And from my perspective, I mean, that's an indication that momentum is waning, right? So with respect to what's happening in the market, I think we're near a turning point. And in fact, today is a very important my company cycle turn date, April 8th, which is the solar eclipse today. And oftentimes you see major market turns or big stock market action on eclipse days or within, you know, plus or minus a couple of trading days. And so I think we're very, very close to, you know, a major turning point in the market. If we take a look at the 10-year treasury yield right now, we can see that it's breaking out from an interesting pattern here. You know, as you said, I was away for about a month in New Zealand and not really staring at yields day to day, but, you know, keeping up with things on a week-to-week basis. And it was interesting to see this pattern form to the right, which looks like an inverted head and shoulders pattern. It could also be the handle of a larger degree cup and handle pattern. Either way, it's resolved to the upside on the breakout above 435. And it counts to a measured move to at least 467 if we're looking at that inverted head and shoulders pattern in dark blue. The light gray pattern actually counts to 492, which is just shy of the 499 recent cycle high. And, you know, my suspicion is if we get much above that 499 level, that could resolve an even larger pattern that would count up to about 620. So in my view, I think what's happening here is you're seeing a major shift here in yields, and that is gonna have an impact on stock market valuations because the higher treasury yields move, the higher that terminal rate and discounted cash flow models goes. And so it makes stocks look much, much more expensive. And, you know, serious valuation-oriented institutional investors are gonna be more hesitant to commit new capital and probably more likely to sell. Wow, that's really... I have to agree with that. That happens to be a bullish-looking chart. And here we have the yellow metal itself, the whole world that loves this stuff. So what's your price objective on this? The outflows in the GLD, right? Because I think what's happening here is even though the price of gold is going up, there have been significant outflows in the underlying holdings of GLD. And so what this really tells me is that there's kind of a... You know, it's a non-conformation or a positive divergence, if you will. Oftentimes, you see, you know, the little guys or the little guys investing in GLD, you know, give up on a trend just as it's beginning to happen here. We've traced out in kind of a light gray a pattern that we recognize here, which is a very large degree, you know, decade-long company handle pattern that has resolved to the upside above 2,200. And we now think it's poised to run to around 2550 or so, initially just on the handle. But if we would look at the cup, the larger-degree cup pattern, we can actually count to move up to 2,800 from that point. And, you know, we think that could happen inside of the next year. Believe it or not, gold is beating the S&P 500 by 400 basis points here today. It's up 13.2%. We came out at the beginning of the year we called gold our top actionable trade of 2024. We continue to believe that that is operative at this point. Gold should continue to outperform equities and all other assets in our opinion. Well, it certainly looks good. I've been in the gold market. Oh, my God, since seven. Well, I started back in the 60s when we had, you know, silver coins that were 90%. You know, those were the easiest thing in the world to buy. But silver, it was really lagging badly. We have a comment from one of our listeners about where do you think silver's going? Because we got silver around $28 an ounce and the old high in silver was 54 that it's hit twice. I've always thought that silver would get to $100 an ounce some day, but, you know, it's certainly lagging. Well, it is lagging and it always does. You know, silver's a follow-up here and I think we can get above, say, $28 on the SLB, which is the ETF that tracks the spot silver price. Then I think it can really get, you know, some momentum behind it. I would expect it to run some, you know, up to around 40, 44. A breakout above that old high back in 2011, which is right around 48 or 50 right in there. That could be what carries silver to $90 an ounce. I think that will happen, essentially. It could happen very quickly too, if you recall. Once silver broke out back in like 2010 or so, it went vertical for like six months and went from something like 18 to 48 in less than six months. So I think that the recovery catch-up rally could be steeper than the rally that we're expecting in gold. Okay, Jeff, you know, occasionally, you know, because you were bearish and the market broke out and the upside, just like I did, I was wrong. You were wrong, kept going higher. But what people don't realize, Jeff, that you were trading stocks all during that time and your record during that time is really, really superlative. And I've posted it up here in the room right now. We've got a break coming up, but I want you to tell the folks why you separate your analysis from your trading. Because I mean, what you said when you see something and you didn't have anything to do with your opinion, you just did what you were supposed to do. And look at your win rate, 78%. Man, that's really spectacular, my friend. So I- Yeah, so no market win rate, I'll tell you that. And you know, there's no question. We had been looking for the market to top. We've been wrong about that. We adjusted our LA wave count. We now think that we're ending the fifth wave now as opposed back in 2022. But you know, we're bottom-up investors too. We just look at stocks and we look at trends and we buy stocks that are breaking out of range consolidations, making new 52-week highs, preferably even new highs. And we stick with them when we just let them run until they break their 20-day moving average, at which point we're done. And we keep a stop-loss running along about average true ranges full our risk. Listen, stay with us. We got some more with Jeff Hughes of Alpha Insights, folks. We'll be right back. Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for some, it oftentimes misses many opportunities that possess huge gain potential. But how is an independent trader supposed to scan the entire market looking for these hidden opportunities? One simple answer, the opening call newsletter. Basil Chapman, developer of the Chapman Wave Trading methodology, has been trading the markets for longer than most trading influencers have been alive. And over that time, he has honed his methodology in order to accurately call movements in a wide range of equities, from semiconductors to uranium to key indices and so much more. Basil is old school, taking the time to educate the trader while also giving his insights into key indices, selective stocks, and more. Opening call subscribers also receive access to dozens of educational live streams that can be accessed at any time for your edification. All first time subscribers receive a 30 day money back guarantee. So ignore the pop trading influencers and start learning time tested technical analysis. The stock market is a delicate interconnecting web of commodities, equities, and trader psychology. When one string of the web is pulled, it has a ripple effect across the broader market. This is where opportunity lies. But how are you to gather all of this information into one cohesive model when you're already spending your energy looking for any possible trade opportunities? Luckily, you don't have to worry about that. As Tom O'Brien has brought all important market news to you in one single newsletter, Market Insights. Market Insights provides a daily overview of what's happening in the indexes, bonds, gold, and more. Follow along with Tom daily as he analyzes the components that affect the overall movement of the stock market, giving insight into how each one plays either a bullish or bearish role. Tom also analyzes specific equities that he believes has the potential to make huge returns, and his track record proves his analysis right. All first-time subscribers receive a 30-day money-back guarantee. So what are you waiting for? Don't let the market leave you in the dust. For traders who crave risk, directions daily leveraged and inverse ETFs provide opportunities to magnify short-term perspectives with up to three times a daily leverage, utilize bull and bear funds from both sides of the trade and trade through rapidly changing markets. These are highly leveraged ETFs with daily resetting designed for short-term trading, not long-term investing. Whether you're a bull or a bear, you choose the direction. For up-to-date pricing and performance, go to direction.com. Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day before investing carefully consider a funds investment objective risk charges and expenses contained in the prospectus available at direction.com. Read carefully, distributor for side fund services, LLC. This program is brought to you by Vista Gold, traded on the NYSC American and TSX under the symbol VGZ. Hey folks, get your pencil and paper out because you've got some trading ideas here. Boy, look at these. This is really statistical stuff that I love. Please continue my friend and let's see what we're looking at. Yeah, you know, every week, Larry, for our institutional clients who subscribe to our Alpen Insights Investment Strategy and Trade Advisory Service, we publish a top actionable trade ideas list with five of our top bullish setups and five of our top bearish setups. A lot of our clients are hedge funds, so they love to have that kind of balance between longs and shorts. And so, you know, we've identified a couple of names here in Energy that we think was very, very promising. As you can see, they're kind of in the improving category in terms of their relative strength momentum and it's really accelerating sharply. And so, I think, you know, if you take a look at Champion X, for example, and I'll be real honest with you, I'm not very familiar with the company from a fundamental perspective. In fact, I never even heard of it before until about two or three weeks ago. So, honestly, it showed up on my 52 week high list that I started doing a little technical work on it and it looks to me like the stock has the potential to break out here. And if that breakout carries, then it could move the stock up to around $50 a share, which would be about a 25% upside move. The other name on the long side that stands out is a well-known energy stock by the name of Conoco Phillips. And this is a much, much bigger, large cap sort of name, well-known, big dividend. The stock is breaking out from one of two patterns, either a symmetrical triangle pattern, which is a continuation pattern, or kind of a minor cup-and-handle base formation. In either case, a breakout above $134 would project a measured move to at least $180, possibly more. We're setting our stop loss down around the 10-week moving average, we think a breakdown below that level would probably be reason to pull the RIP cord and exit the trade. But I think energy really has a lot of gas in the tank, no pun intended, and could be a leader for a number of months going forward. So we like energy, we like higher oil prices here too if we're talking crude. On the short side, a couple of names that have stood out is having real problems. First one is Nike, this is a Dow stock. And Nike appears to be in a large degree, a structural head and shoulders pattern. That's a major topping pattern. It's breached its long-term trend on a monthly closing basis. And we think a breakdown below $82, which is just a few dollars below where it's trading now could carry the stock all the way back down into the mid-30s. So this is one to watch. We'd also point out that the monthly momentum and relative strength lines have been negative for some time and continue to point down. Finally, I'd point to Biogen. This is a large-cap biotech stock, which had been trading around $475 a share as recently as 2021 and has literally collapsed down to the low 200s, about 203, 204 right now. The break below 220 actually is pretty alarming because there's been a very large 10-year range of consolidation that's been in place. And clearly we've seen a breakdown. This breakdown, if it continues, should project a measured move down to at least 161 and potentially much, much lower if the momentum on the downside continues. We'd set our stop loss here at about 230. But again, we look at that monthly relative strength ratio as well as relative strength momentum all pointing hard down and then having been negative for many, many months now. And so these are typically precursors to price performance in the same direction. Okay, I'm sorry for the interruption, folks, but Google time me out. I've been doing this with Google forever. And that's the first time they've ever logged me out for time. I don't know why that is. And anyway, this is really good stuff. Jeff, I really appreciate, you're able to tell the folks about how they can get your newsletter up because the newsletter is the cost of a hamburger. Tell the folks what, oh, I love this picture. I just learned, Larry, that we've got a top 100 newsletter on Substack right now. So I guess people must like it. They put us in the top 100. Wow, that's great. So we're all made subscribers. So you can access it at hugeinsights.substack.com. The most recent issue just went out on Saturday, April 6th. It's entitled Into Thin Air. And I think the cartoon that we're indicating here kind of shows you what we think. And then we dig into the whys behind that in great detail, as well as publish our full forecast for the S&P 500 and a number of other major markets. So for those who wanna delve into our musings, you know, it's worth your time. Again, hugeinsights.substack.com. Where do you get these cartoons? Where do these come from? This comes from Hedgeye. I'm a subscriber to Hedgeye and they send me these cartoons all the time. So I asked them if they wouldn't mind if I used them and they said, as long as I put www.hedgeye.com below I'm welcome to use them anytime I want. So I get full advantage of that. Well, that's very good. Yeah, that's really good. Listen, I wanna thank you for being our guest today. We'll have you on again soon. And anytime you wanna come on as a guest with something special, just let me know and we'll have you back. I'm glad you're back safe and wonderful vacation. What is a vacation? How do you handle that? Do you look at the markets every day like I do or do you actually pass away from it? You know, I was 18 hours off my normal time zones. It was difficult. I'd wake up, I'd kind of scan things just to see what's happening. But for the most part, I was kind of in a different world. Oh, it is different there. I've been there three times and I love it very much. I got a bunch of friends there and it's one of the most beautiful. People don't realize the mountains and skiing stuff that they have in New Zealand that it's really, really, and what I like Australia too. Of course, I think the paradise I've found. Yeah, that's what he meant for that. Hey, thanks for joining us, Jeff. I really do appreciate it. So we'll have you on again really soon, okay? Very thank you. Bye-bye now. You bet. Jeff, huge folks of Alpha Insights. We'll take a look here. Couple of charts here that we're watching very closely. Now this happens to be the, oh, one thing we'll have to cover here. This is the gold. Let me just show you where we are in the gold right now. We just made an ABCD Gartley here at 58. You can see there's the ABCD. It went right up to 5820. And so as long as we don't get above 5820, this has got a chance for a little bit of a move to the downside. And as you can see this has the possibility of also being a one, three, oopsie Daisy. This thing is so sensitive. I have a very important announcement folks coming back from the break. So please, if you've ever been on the air with me these 17 years, please stay tuned for the important announcement that I have coming up when the break comes up. This is where we are here with the gold market. It blow it up a little bit. You can still see the ABCD pattern. This is the kind of trade that I would be doing on Friday. There was just, well, shucks, this just doesn't draw because it's so sensitive to the actual absolute perfect lows and stuff. But there's your ABCD right there. So that's what I'm watching here in the gold market. We're going to take a break now. We'll be right back. Stay tuned for a very important announcement and we'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and 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. In the world of trading, only a few names stand out like Larry Pesavento, a pros pro with over 50 years of experience. Larry has seen it all. A former Chicago Mercantile exchange member, Larry has authored 10 books and trained over 1,000 traders with his unmatched expertise. Introducing Fibonacci 24-7, Larry Pesavento's daily trading service that turns the complexity of markets into opportunities. Published every Sunday, receive a comprehensive report packed with detailed commentary, charts, and videos that illuminate the patterns shaping the markets with updates throughout the week exclusively for subscribers. Whether through charts or videos, Larry's analysis is your roadmap in navigating the markets. You can sign up now at TFNN.com for just $97 and with all TFNN newsletters backed by a 30-day money-back guarantee, you have nothing to risk. For all the details, visit TFNN.com. You'll find Fibonacci 24-7 right under the newsletters tab. The stock market is a delicate interconnecting web of commodities, equities, and trader psychology. When one string of the web is pulled, it has a ripple effect across the broader market. This is where opportunity lies. But how are you to gather all of this information into one cohesive model when you're already spending your energy looking for any possible trade opportunities? Luckily, you don't have to worry about that. As Tom O'Brien has brought all important market news to you in one single newsletter, Market Insights. Market Insights provides a daily overview of what's happening in the indexes, bonds, gold, and more. Follow along with Tom daily as he analyzes the components that affect the overall movement of the stock market, giving insight into how each one plays either a bullish or bearish role. Tom also analyzes specific equities that he believes has the potential to make huge returns, and his track record proves his analysis right. All first-time subscribers receive a 30-day money-back guarantee. So what are you waiting for? Don't let the market leave you in the dust. TFNN has launched 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, the Tiger's Den. Available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. 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. Okay, folks, I try to stay away from politics in this stuff. Just about everything in my life I stay away from politics. I do pray a lot, though, folks. And I have a family member that is a little bit under the weather more or less, much more than less. I really need your prayers today, folks. Send a white light out for me, please to my family member, who's a great deal to me. And he's a very nice young man. But anyway, let's do that. Please do that for me. Also, I kept those charts up on the gold. We could easily see gold 102, 300, 400, $100 higher the next three or four weeks on some type of a spectacular blowoff. You'll notice the Japanese yen has already done that. So whether the numbers that I'm looking at mean anything or not, I don't know. All I know is you gotta use a stop when you're using these things. Okay, that's the main thing that you really want to do. Very, very important, okay? That's what I'd really like to get through to you. And tomorrow, we're going to have Mike Moore of More Analytics, because we've got crude oil at a very, very important level along with heating oil and gasoline. And then later on this week on the 11th, we're going to have, on his birthday, by the way, who I've known for just about 60 years, Rich Anderson will be talking to us about the grain markets. We're gonna have a great chance to buy grains again, folks. The oil's sold off from our price objective Friday. And we're gonna save some money there and add it at a really good price. So stay tuned for tomorrow, because we got some good buys coming up in these things, like the man says. It's a friendly hello and a good buy. So live every day in an attitude of gratitude and may God bless and please stay on the green side of the grass and pray for everyone that you know and especially my family member that needs as much help as she can get. And I hope that everything, I know it's gonna turn out. What scares me is doing something, someone gets sick during the time of a solar eclipse. You never know what's gonna happen, but I don't understand that stuff anyway. I'll have to ask Shane about that or Mr. Winsky. All right, we'll see you on the flip side tomorrow and may God bless.