 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 Okay, looking good Billy Ray feeling good Lewis. This is Billy Ray Valentine with his special guest Lewis Winthorpe The third also known as Rich Anderson rich What in the world is going on in the world with the wheat market? Can you explain to us? What's happening my friend? Yes, sir, I sure can by the way, you know You want to look at the synthetic price and the synthetic price right now is 1335 bid 1358 offered you look at a deep in the money option You know how you do it you you to buy the call price and you sell the put price and that that's where we're bidding ask that right now But the people that are looking at a screen. They don't see that But I would just refer you back to the all-time high was back in March 13th of 2008 and In the Bible they always talk about seven years of fast and seven years of famine Well, but what's happening is that I mean yesterday the open interest dropped 10,000 contracts in Kansas City and 7,000 contracts in Chicago, and I assume that was a bunch of your readers Taking profits and it could have been the commercials buying it from them because you know They thought they had wheat and now they don't I mean it Yeah, I refer you back to when I was on February 23rd, and I said that you know, there's major exporters Russia in the Ukraine of wheat and corn They already have some of last year's crop that still hasn't been exported through these ports And now of course these ports are basically closed because once overnight they increase the break rates by a hundred thousand Dollars per ship and then all of a sudden you can't get insurance and these commercials sought They had stuff bought for Egypt and these other places if you remember about two weeks ago I sent you an interactive map that showed you where all the wheat the Russia and Ukraine export out of the Black Sea goes to I mean They're now having to scramble so the number one job for wheat is To price itself out of the feed channel Okay in this country and other countries a lot of wheat is not a lot, but Right now any amount is a lot is used for feed We can't afford to have that this wheat has to be for people And so that's what you've got going on you have a crop report on the ninth Jeff's always I wonder and are these things important they're very important, but right now it's like Shooting behind the bird that's flying, you know at 60 miles an hour You're never going to hit a pheasant that way you got to lead it and USDA is not a leader, you know, they're they're always behind the deal. They should be They should be running the 50 caliber machine guns in the machine in the helicopters because then you have to lag it because you're going 150 miles an hour, but you know that the bottom line is we've got a price of wheat out of the feed channel The all-time high on March 13th of 08 was 13 34 and a half. It's interesting. We're at that price today If you were looking at it Synthetically with the puts in the calls and then and then a corner's next and then oh did I mention that? Russia may very well stop. You know, they can't They can't export the fertilizer that they've contracted to export Now the Russian farmers are plenty fertilizer Ukrainian farmers may not even have a fuel to put the crops in We're talking about a vast amount of acres that it's are hard to replace the You know the degree greenification that the Biden administration was going to do cause them to go up six-fold six hundred percent increase in imports from Russia of gasoline or both Crudeau and This is a real mess. They're talking about change the reformulation program, which would affect corn and beans But right now it's wheat that's an issue because it's a this is what the subset for many of the people in the world So that's what's going on. We're pricing the wheat out of the channel the commercials You look at the open it's just so you can see what's happened refer back You know to the crop conditions. I won't go over but that I mentioned on February 23rd and You know, it's as simple. It's as simple as that. This is not for amateurs In the statement of the year folks, I was yeah, yeah, I was speaking with rich last night when they were lighting up that nuclear power plant and In the Ukraine and we were seeing The limit bid and wheat and rich said that's not going to be trading for a few days Because we haven't seen anything like that in a long time Hopefully this will all work out But if you look at that wheat chart on the monthly basis folks even though we did get to almost $14 It broke $8 of bushel in this coming few years So as long as we got a crop coming out there, we should be okay Isn't that right is the problem is is we have any trouble this year? We're in the world is in big trouble not just us Right the world is in big trouble But we already have crop conditions in the United States that are not that good, you know So that's that's problem number one who knows what the spring, you know hard red spring week Which is approaching wheat? I mean we've got a lot of unanswered questions, and then the fertilizer and that you know corn Goes great with fertilizer without fertilizer Not as what not as well The this is This is a problem is going to be with us for for quite some time I'm afraid and if you know when you're shooting willy-nilly at a Nuclear plant which could cause a major problem. It's the largest one in Europe and yeah could destroy farmland for decades, I mean These people are out of their minds and something needs to be done And you know that if you remember back the Russians told the Ukrainians well, you know You just give up your nuclear weapons, and then we won't have any problem with you Well, you can see how that works now Putin says today, you know, you don't need to worry Yeah, yeah, we got your back. Yeah, that's right Yeah, but they gotta get the word out of the channel because we got to feed the people first That's about and always remember what you told me back in 1973 oil is indigestible I remember you telling me that and of course you being a farmer would know that better than anybody else But you can't swallow the you can't swallow gold and you can't swallow the oil But by golly if the people are hungry then they really get upset Yeah, this is like the pork bellies being limit up in the old days, and we didn't have expandable limits in those days And guys are you know Doing I'll buy the front month, and I'll sell the back month, and I'll give you the keys to my Cadillac Besides, you know, and they do a limit deal. I mean this is what it's this is what it's like that the Crop reports are inconsequential. This this is all about what's happening in the war It's It's a catastrophe It's gonna take it's gonna take a while Hey listen, thanks for joining us buddy, I know you're real busy today, and I really appreciate just you know Squeezing us in so thank you so much rich Alrighty you take care trade. Okay. Okay folks. I want to show you last night You know because I do I do short-term trading, you know I'm gonna show you a beautiful pattern I had here in the corn last night I set that out and I don't know how or actually I don't know where I sent it or how I said all I know is I sent it out and it was trading up there at seven seventy one and You know it looked like it looked like it was going to be an absolute home run Let me just get this up here. It broke actually 22 cents folks It broke all the way down to 750 and then from 750 boys and girls it went up this and it's still going it's 790 are you kidding me? We'll be right back eight seven seven nine two seven six six four eight 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? 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We're having some really good volatility in here So let's just hold on and we'll have some fun here for the rest of the day We're we're trying to hold these markets was got a pretty good chance of a bounce in here We hit some pretty strong support just a little while ago in some of these things So that should be some somewhat but folks You got to be real careful being long and stuff over the weekend because as you know We're not playing with someone that's got a full deck of cards That two friends fry short of a happy meal as they say in the old trade there in Tarot, Indiana Remember folks all of this started last night or yesterday afternoon I guess it was when the Fed was out there banging the whistles and blowing the horns We made that 61% retracement in the Nasdaq Hold on one second. Someone's asking a question in here No, it yeah, it should it should mr. Z is asking if if we could get a rally here Yes, we just turned just a few minutes ago And we should have a rally that ain't this could fade that fade at any time too But we should have a rally that might last a couple hours. That's what it's that's basically what it's trying to tell us But if you look at that Nasdaq chart folks, we hit the exact 61% retracement of the high on the 12th and also Okay, and also a really nice hold on a Really nice three eight two retracement off the high that that was what really triggered some of this stuff going on And so we're at some pretty significant Support down in here But that doesn't mean it's not going that means it may it may fail at any time So you've got to be able to you know rely on that if you're going to be doing it here now We've got gold is up near the 1965-66 level should have a lot of resistance up here between here in 1970 1975 but we live in interesting times is the old Chinese curse So that's it now Let's go over here and we're going to talk a little bit about the footsie You can see all of these other markets because of the you know the Christmas tree lights going over Ukraine You'll see here with a big sell-off in the footsie and likewise. We had another big sell-off in the German Dax and if this was a daily chart you can see we stopped Right at the 61% retracement, but I believe that it went through there Someone told me that it did but I don't have any verification of that that it did break through that So those are just a few of the things that Hold on one second here. They were watching here To looking on here one second. I've got to do a couple quick thing I've got to do some house cleaning here folks because we were in an area where we could literally if we don't hold this level of 80 to excuse me 4280 there's big trouble in River City in the in the stock market And all these others too. So he had to be we got to be extremely careful here extremely careful So let's remind ourselves that hold on here second. I've got to do a little do one other little thing Here before I I got to go so long just to say Hold on just oh boy, oh Trying to do this radio show and trying to watch these markets is Not an easy task boys and girls. So let's just see what See what we've got going in here right now. I just remember we can't get below that 42 I believe it's 40 it's 4280 we can't get below that we get below that there's really trouble along here and that's the thing that you want to Remind ourselves. No, that's what we're watching here right now Now I'm not able to post any of the AI charts right now because I can't get it into that format But we're in a real strong area here with the the Dow Jones Let's try it again Larry the gold has a really positive AI for turning down right about now at around 1867 so That's pretty much it. Okay. That's that's what I move on to a couple other things here folks The crude oil I wanted to go through the crude oil sequence because remember I sent out a video last night Just as this was happening and we were had this really nice a Gartley pattern up there that 1268 We went all the way down into the 170 level and then course we we bounced back and now we're back up You know in that 113 area But these are short-term patterns folks and the reason why I look at those on the 15 minute chart is I don't have to risk very much At that time for heaven's sakes if you look at these things on the daily basis my god These ranges are so long. It scares me and I'm fearless. So you've got to be very very careful We've got another one. It's getting ready to make a big-time history folks Let's get this one up here. So we don't forget it We've been talking about this in the newsletter for a very long time and that is the Euro on the weekly basis You know, we've broken through the one night level like it didn't even exist I nibbled at that on the short side of the long side last night at the 78% level for the tune of about 20 pips and Said goodbye to that one should have went short, but I didn't of course I had a few other things that were rocking and rolling You'll notice here that we've got a potential double bottom here between 2020 and where we are now coming in at 106 40 That's only 300 handles folks from where we are right now in the way these markets are jumping and the way these markets are jumping It doesn't take very long to see, you know, what's going to happen to some of these things now I do have oh, I thought I had it. Please tell me I had it. I had the Long-term chart for the DAX for the dollar index and son of a gun Guess what? Someone has taken it away and hit it from me and there's nothing else I can do I'll try to do it after we get done with the Our guest when he's finished telling us what he's got today. He's got some good stuff as always Here is the chart of the Bitcoin several questions about that You know, it doesn't look like for where it's acting right now It doesn't look like we're going to be able to make it up to that 47,000 level we're trading at around 40 41 right now and it's starting to weaken up everything starting to weaken up folks If you notice people are they're getting they're getting they fear is not there yet. It's getting close But right now it's not there yet So just remind ourselves that It's not how much money you make it's how much money you don't lose And that's why when we have these volatile markets I'll move down to a I'll go from an hourly chart to a 30 minute to a 15 because I can see the same pattern But it gives me a risk factor that I'm able to handle and that's what that floor trader handbook is all about It's all about risk control and ABCD and you know Mandelbrot said it doesn't make any difference What time frame is on that seed pattern ABCD is there everywhere and that's what I look for and you know Sometime like the one in the corn looked really great had like had a thousand bucks in it You know it went to where the end up ended up being up $200, you know So but then it kept going another 12 cents So you you just can't stand in front of these things what read what rich just told us in wheat Is indicative of what happened back in 2008 we hit $14 wheat Well $14 wheat turned out to be $5 wheat, you know I dropped $9 a bushel in the next 18 months So these are growing crops folks and a lot of things can happen And what we have now is an emotionalism when you sit when when the wheat when the grain traders see You know the people over in the Ukraine lit up like a Christmas tree. It happens to be a nuclear Power station that that puts the fear of God into anybody and you can imagine somebody that was short-limit up I mean shut the front door They're hurt but if they're well healed they'll probably come out of it Okay, take a break here eight seven seven nine two seven six six four eight. We'll be back Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the Tiger's Den trading room only at TFNN comm The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with these sharpest minds in the trading world Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows Interact with other Tigers and Tiger's is as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community TFNN educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out TFNN and Tiger TV and get expert investing advice to give you the power to control your financial future Go to TFNN.com and find the newsletter for you Whether you're into trading gold metals futures currencies or options You'll get advice and analysis to help you seriously get ahead TFNN also features trading services with a 30-day money-back guarantee for new subscribers As well as TFNN's Tiger Den trading room trading software and educational webinars for all trading levels And make sure you check out Tiger TV for free on TFNN.com or TFNN's youtube channel for live financial content From 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor You were born to be TFNN educating investors TFNN is excited about our new software charting program the art of timing the trade charts 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 guardleaf, abc's butterflies and much more The art of timing the trade charts is designed to help you when scouring the markets for stocks Just beginning to form the trading patterns that many investors spend days weeks or even months Searching to find and right now we're offering licenses available at only $79 a month We are so confident that you're going to love this new charting software that will even give you a 30-day Unconditional money-back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting TFNN dot 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 dot com Because of the conditions in the marketplace it looks like Stan's not going to be able to join us here today But if he does pop in we'll be able to chat with him, of course Stan are you there? I am indeed. Yeah. Hey looking good. Billy Ray feeling good. Lewis. Let's start out with the 34 day Trading cycle. Do you nail that puppy the last time you were on the air? We've had a Rally that we've not even come close to taking out of those lows. You still think that this slow is going to hold buddy I I do. Uh, I absolutely do Larry. Um, okay I've got a Fibonacci Relationship which should come up on the screen here momentarily Yes That shows right at the low that we saw on February the 24th Um We had a nice Fibonacci clustering. For example, we were Approximately 55 trading days from the December 3rd low We were About 34 trading days from the january 4th all-time high And we were approximately 21 trading days from the january 24th low So All the fib numbers lined up for that low point on the on the 24th of february And I think that probably coincided with a 34 week cycle bottom, which I've been suggesting was was coming Well, it hit it again. We had that monster Move up three four five six seven days in a row And so that was really an amazing call everybody was talking about it after you got off the air The fact that it uh did exactly what you said it was going to be now You've got another chart here stan, which is the 34 week primary cycle. Could you tell the folks? I'll post this up here So the oh shut the front door and raise your head boy Don't don't ever trust an italian doing technical things not safe not safe. Hold on here. Here we go There's a chart that uh that I'd like for you to talk about it. You're 34 week in eight month primary cycles that that is just a Uh continuation of pretty much what you're looking at only it's monthly instead of weekly, right? Uh, well, no, this is this is weekly larry Okay, this week. Okay. Yeah, I I've analyzed this cycle Extensively I wrote a paper on it In the uh july issue of the foundation for the study of cycles And I traced this back decades If this is the dominant cycle on the weekly charts Every 34 weeks eight months, which are both fib numbers by the way uh on average We tend to get significant cycle lows in the stock market And what I've done with this chart as I've gone back about five years And I've highlighted all of the bottoms in the stock market Which are denoted by this cycle Now it's not a precise clock in other words. You can't just set your watch and say okay every 34 weeks Boom, we're gonna bottom here and time to go long and mortgage the house and forget about stop. No, it's not that easy It it's pretty close But it expands and contracts Last year by the way the cycle underwent a 1.236 fibonacci expansion as you can see And then most recently it contracted By a fibonacci point seven six four You add the two of those together and you get 2.00 So that's what happens with cycles. They expand they contract But that expansion contraction Uh brings the cycle back to its normal cyclical schedule. That's how it normally Uh transpires and that's exactly what's happening here now. We had a very sharp rebound for two days Off that February 24th low So we're getting a little retracement what I call floor mopping right now to complete the bottoming process And I wouldn't be surprised to see this thing reversed about mid-afternoon later today But the point being is we're we're in the zone now for a bottoming process I know there's a terrible war going on in europe right now But the cyclical functions don't change Cycles technical indicators charts as you know, you're a technician most of the viewers are technicians Kind of take all that information into account And the evidence right now is very very compelling That we have a 34 week cycle bottom in place And we're uh, we're going to soon regain some upside traction here. That's really good Stan I want to thank you for being on the air because I know you were swamped today and you squeezed the sand And these were the numbers that I was hoping you would show us because It was just you know Was a refresher of what you showed us two weeks ago when it was making or nine days ago when it was making that bottom So thank you so much for being on and we'll have you again on in a few weeks. Hopefully it won't be from downtown ukraine somewhere My pleasure larry. I look forward to it. You bet. Thank you so much stan stan harley folks. Harley stock market letter Okay, now we were talking about that gold market just a little while ago It looks like it's finally turned from this 18 1965 area. We're trading at 1963 Didn't quite get to 1966, but we're going to be Watching it what we're looking at here. So Anyway, those are the things that we're watching here this morning And it looks like we're going to be heading down on some of these stocks here folks If we get below that 42 80, that's not going to be good That is just not going to be good. So let's remind ourselves that that's what we're looking at as we're We're seeing some of these here see these things here this morning. So bear with me here one second I've got to uh, wow Oh Dear just a second. There we are. Got a change in order here boys and girls Okay, all right, let's get back to the old program here um Some oh the question is someone asked me was this Have I ever seen a market like what we had here? in the stock market last night when we had this uh uranium thing hit with the uh Oh nuclear power station and the the Dow was down 500 points and it rallies back 600 points And then goes back lower folks. I've seen that more often that you might want to guess You know, it it's just really amazing how often it does happen. So remind ourselves that uh These things do happen. I remember one particular instance. I've mentioned it on the area before It was the movie that came out with Pierce Brosnan volcano filled up in Oregon And that was beautiful little idyllic place and I loved the movie very much And I was short beans and the report was so bearish. Oh my gosh the report came out And beans went all the way down to almost limit down and then they started to go back up And I was so upset once they got up halfway 15 cents was limited at that time I just went to the movies and I put my stop in where it was supposed to be at the beginning and they went all the way up To be unchanged on the day and then went down limit and didn't and lock limit and didn't trade for two days So These things get pretty active. So you've got to use a little bit of common sense when you're going through some of these things So pay very very close attention to them because it's not uh Mark Douglas says trading is simple, but it's not easy So let's keep ourselves abreast of some of these things that we're paying close attention to here here today Okay, now all one second here. I've got the people are sending me skype messages and I I don't know what they are folks Talk about Okay I don't I do have I have run out of things to talk about but I I don't want to talk about the a word folks because Shane and and norm winsky and tim boss tim boss will be our guest on monday folks Repeat that again larry tim boss will be our guest on monday. He will be our guest on monday eight seven seven nine two seven six six four eight Are you in the market for buying or selling real estate in the bay area including the surrounding st Petersburg tampa and clearwater markets tiger real estate LLC is a firm that has extensive experience in the tampa bay area Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger realty has the experience across all areas of real estate in the tampa bay area to help buyers and sellers make the most informed Decisions across all price levels from the price You should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of Creating tiger real estate can help you make the best decision when it comes to all areas of the market Before you make one of the biggest decisions of your financial future call tiger real estate LLC today at seven two seven three two nine eighty three twenty two or email us at tiger at tfnn.com That's seven two seven three two nine eighty three twenty two call us today The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information you need to understand the technology That shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 in 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try at risk free today with our 30 day money back guarantee tfnn educating investors Are china a shares hot or not? 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This is the 10-year note versus the two-year note Okay, and that means that the banks once they get once this thing gets to negative folks They can't make loans because they lose money and that's when Things dry up liquidity dries up and that's where the big C words come in. So we're not very far away We're only 25 basis points away from that Now I posted another chart from our good friend Jerome He's done this to us before it done this to he's shared it with us before These are the uh, we're over the full moon now, of course. You can see here That's what we're looking at and they don't work all the time. All that is folks. It's a 14 day cycle It's nothing more than that. It's nothing mysterious, you know People look at it from a lot of different reasons from the farmer not farmers almanac all the way through You know to the on the uh tablets From back in the days of the samarians and Babylonians that dr. Andrew low pointed out And basically what's that showing us here in the middle of march? We're going to be getting another one right around the Fool, let me see 40 grand on the 16th as I recall We will come up with a new moon. So we want to be watching that now If that's the case you can see here that he's already drawn in the patterns We've done we do these two, but you can see he's done a beautiful job All he's done is put the little lunar aspect there and you know, sometimes they work a Look at sometimes they're off one or two days folks So you've got to use something else and just besides the that you've got to be that's why we use patterns and ratios And that tells us pretty much not all the time but close enough to to where we want to be What one other one other mentioned on this yield curve, you know, it's not infallible just like anything You know, it's just not infallible But the but the federal reserve is between a rock and a hard place And believe me the hard place is pretty tough. Look what's going on in the bond market folks Just just take a look here. You remember we had that big a bcd in the notes down there You know 125 look at it. Look what's happened here. We've had a move in bonds. We've moved nine handles Almost 10 handles in 10 days. I mean, well, no, it's been two weeks now But that's been, uh, you know, that's that's a heck of a short covering rally And that's all that is if you go look at the open interest on these things You'll see that the open interest is not going up. It's going down So shorts are forced to cover because people have they They're they're running away. They they don't want to stand in front of these things and That's the bottom line of, uh, you know, what we're paying attention to on these So I that's my two cents worth and I'm sticking to it. So hopefully that'll be uh, something that will be interesting for you to take a look at and If you if you do fight now, I look at larry waves his work on that yield curve And like larry says there's nothing 100 but it's a good indicator That once bank gets once bank gets to the point that they can't make money off the loans They don't make loans and that means liquidity dries up and everything else starts to drive up and that's what happened back in 1929 in a tiny bit in 19 In 2000 when we had the real estate problems with, uh, you know people That were buying houses that they shouldn't I have to tell you a funny story here Where I live here in tucson We had a nice young man that worked over at the auto place at Cadillac. He was a mechanic And uh, he had bought two houses in our neighborhood And the the bank gave him 125 percent mortgage And so what he did he went out and bought a Rolex and he bought himself a bmw all of which were for sale About a year later and much much discounted prices because he lost everything When everything rolled over and prices dropped by about 60 percent So uh, those just a few things that we're paying close attention to here today Things are not nearly as bad as they were back in that in that time timeframe, but it's still you know Okay, all right not not a problem. No problem. Hold on just a second here. I got to do that here Okay, yeah, we've we're having some a lot of activity in these grains folks. They're they're really rocking and rolling quite a bit so We need to pay very very good. The good part is I mean The beans are trading actively And so is corn wheat is still lock limit up and it's probably going to be like rich said The options on them said they're going to go at least another 80 to 90 cents higher And uh, that's neither here nor there Because we're not involved with that and we you know when you have vertical markets like that If you happen to be lucky enough to catch one either up or down You know, that's a that's a good thing to do But what you really want to do is to be able to uh, you know to be able to Protect yourself with a risk and that's the whole thing of of what we're doing here as we look at these The regarding the the dot hold on we do we have a caller in here? Just a second. Let's just take a quick look here Okay, we we just had a 30 cent drop in uh corn just dropped from 782 to 751 boy. That's a big drop Shut the front door. How much higher did it go than what we were looking at? I was 782 was the high. Let's get it up here. I'm not watching it now because I've already went and taken a look at it But we'll see whether that's going to mean anything or not these markets are going to be really quiet Uh, it's really going to be uh Has corn popped all very good bill. This is good. You and rodney danger field Yeah, uh, yeah, they just posted the chart of the corn in there You can see that it's had a pretty good pretty good correction. Remember corns are largest agricultural crop And for that, you know, wheat is a lot less because you know, I posted that wheat, you know, wheat is all over the world You know, the other thing it's going to be more expensive for your beer drinkers Is Ukraine is the number one supplier of hops and hops is uh important for beer production So your beer is going to get a lot more expensive Uh coming down the road here a little bit. So those are just a few of the things that are that are going around So pay pay pay close attention to that. That's uh another one. That's uh, very very interesting to uh to be watching here Okay, now I want to do here. I made a little bit of a stake on something here, but I'm making a correction in it right now So we'll be all right And then we'll move on to the next one that we have here We're starting to get that rally that rally that we're having should should last about two more hours in the stock market And then we should be down the last two hours of the day if this is in fact going to be the uh If this is going to be the uh case, so we'll uh do one thing at a time as we're Looking at these. So yeah, I'm seeing the chart here. Wow corn is really taking it's down 40 cents folks I'm just seeing I'm just seeing an updated quote on this And and beans have dropped quite a bit too They've uh, they've all hit uh, hit some big numbers down in here shut the front door and raise the rent That's a that's a big move. So let's remind ourselves that these markets don't go one way We still haven't traded wheat yet as near as I can tell And of course these option players they can release those things in a hurry And you're not going to be able to stand in front of them if they decided to go it'll go limit down Just like it did in 2000 it went from 14 dollars, you know, like I mentioned the five dollars It didn't go straight down, but almost straight down. It had one three eight two rally, you know during that move So those are some of the things that we're you know watching here This morning here as we look at some of these uh markets move We've had a nice a nice 20 point handle rally here in the s&p We got down to that magical level of 42 80 and now we're trading at uh, 4300 We jumped 20 handles on that and so we'll see if this is going to be the case here I hate to miss that I can see the move now in the corn what it did is it went up and made another Marginal new high at the 1.27 and cyan are wow something got hit. This is a big move folks I'm looking at it here on the side here. We've dropped 50 cents a bushel in corn here in about One hour and it's still going down eight seven seven nine two seven six six four eight 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 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 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? 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I wanted to bring that potato in this corner I happened to change the chart parameters here for a second so we could see what's going on because for two reasons one it shows you the value of mandelbrot's ab equals cd that we talk about in the floor trader's handbook You'll see the abcd level went to 781 the high was 783 and it went from 783 It's dropped 50 cents a bushel $2,500 and I'm on a radio show And unable to put that order in and shut the front door and raise the rent But that's the way it goes. Some days it's chicken salad. Some days it's chicken poop It just depends on which how you mix it folks Remember we're going to have tim boss on our as our guest here on monday He's going to be talking to us about the cryptocurrencies Because we've had some big moves and those and you know anything below 38,000 in those cryptos would really be Nasty and that's something that you don't want to see we don't like nasty We like that nasty is a 20 50 cent drop in corn here. I don't even know what the limits are nowadays I think they expanded them out but and beans dropped 60 cents And of course wheat still up the limit at least it was I haven't heard my beepers go off So I had it set so if they started to trade I would know But they will trade and we're going to have some great trading opportunities folks These are the kind of markets that lead to great markets. So just be patient and remember Warren Buffett's two favorite rules number one rule Don't lose money and number two rule don't break rule number one Well, you have to trade so you've got to manage your risk the best you can but Those are the few of the things that you want to be able to look at it So that that's really what we're what we're doing here And if I had to put a nickel to a dime right here, what I would do is I'd sell bonds close my eyes Put a $1 put a 100 put a 32 $1,000 stop on it and pray for the best because that market is like If they call that a flight to quality, that's like bringing gasoline to a fire Extinguisher and trying to put the fire out so live every day in an attitude of gratitude and may god bless And we'll see on the flip side on Monday with Tim Boss as our guest. Thanks folks. Bye. Bye