 Welcome folks. This is Tom O'Brien of TFNN. We've got five days a week. We've got 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 your focus on grows. Hope everyone's having a great day, safe day. Make a great week, folks. Don't take anything personally. Transform your life. When you refuse to take things personally, you avoid many upsets in your life. You have feelings of anger, jealousy, and even sadness will simply disappear if you don't take them personally. Knock it wise. Let's take a look at it out here. We have the Dow Industrial's up 31, Nasdaq down 39. S&P's off 2.5. Gold. Gold contract up $8.70. Trade name, $19.99. We have the silver market up $0.14. $25.42. Lightsweep crude up $0.89. $78.76. A barrel, notes and bonds. A 10-year note. Up 12. 6. Trade in 1.14. 27. The 30-year up 27. Ticks at 1.30. 24. And $king dollar. $king dollar's down 453. Ticks trade in 101. 369. The euro's at 110. The yen is at 134. And the British pound is at 124. The one U.S. dollar. Our phone number's 877-927-6648. Give us a call, folks. One note's going on in your world. And the world of the S&Ps, let's take a look at it. And what do you have? Well, let's bring the future up first. So you got a small consolidation out here. We take a look at this. You don't have a high volume low. So why don't you, you came down this afternoon, I mean this morning with volume. This thing's sticking out here. And that's the consolidation. It's a small consolidation. That's the bottom line. We'll see how this baby shakes out. It doesn't seem to have enough juice to get back up and over this 41.52. A 57. 41.57. It's going to test it right now. We'll see if it can get any juice to get it. So bottom line, you got to sell it right off the bat. There's no doubt about that. The first seller came in about quarter past 10. That's big volumes down on the way down. It was 61,000 on the way down. As you're going back up was the 29,000. This bar is coming into it with 17,000. Yeah, and you only get a minute left. So we'll see how that baby shakes out. The thing that's intriguing out here today, folks, is this. Is that the dollar. You know, we've been going tick for tick for the dollar and the S&P. And the bottom line is that that changed intraday out here today because you can see what happened. They're still selling the dollar all the way down. We're almost at the lows of the day. 101.332 is the low of the day. And the market hasn't been able to basically get any traction. So we'll see where that shakes out. You know, you're coming into, well, not strength of the dollar, but where the dollar took off from at the low that was established out here in January. That number is the 101.546. We hit 101. Well, we're at 101.332. So the bottom line is that, you know, you're under that number. So we'll see how this shakes out. Gold goes the same way, man. Gold coming into the downdraft. We take a look at this intraday, what you're going to see from three days ago. Yeah, three days ago. You're going to see, you're coming right into that big downdraft. And that downdraft has 13,000 contracts. And all the contract value on the way up, the biggest one we have is 2,700 kind of going to that. So that's going to take a while to basically eat through that area. We go into the queues. We take a look at the queues. Same set up in the queues. There's a very large contraction of volume today, folks. And there's not a reason for it. I mean, this is not summertime trade, man. You know, this is, in fact, this week here, there's more earnings than... This is the biggest earnings week in the S&P 500. So there's not a reason for it. That being said, you know, if the queues can't close today over that 317.40, which we've already been over it, but it gave it up, that's a heads up big time that you're going to go south. We have 33 million shares out here. You're going into 59 million from Friday. If we take a look at this, you're going to see it's coming... This is just having a tough time coming into the downdraft from this morning. The first leg up had 750,000 shares coming into the 1.3 million. This leg here... Yeah, this is still on. No, this just started. The leg before it had 450,000 going into 700. Yeah, going into that big number, that 1.3 million shares. So I suspect it's going to have a tough time getting through that. We then take a look at the leaders inside the NVX 100. You've got Zoom is up 3%. You've got... What is this? Baker Hughes is up 2%. Fang, which is Diamondback Energy is up 1.8%. Taken away from it, Pindu Odu is off 4.5%. You've got JD off 2.8%. Microns off 2.5%. Inside the downdustrials, we take a look at the strength versus the weakness inside the dow. Point wise out here, you have United Health putting 33 positive points. Goldman 22, Chevron 20. Taken away from it, Microsoft. Minus 27. You've got Salesforce minus 25. You've got American Express minus 18. If we go in the note and bond market, this one's going to get intriguing now because you don't have enough juice. There's not enough volume here, but it's holding up in price. You only got 713,000 contracts. But bottom line, this wants to go for the highs again. And also, we have the higher price, lower yield. Right now, the 10-year is yielding at 3.5%. Last three months, the low's been 3.3%. The high's been 4%. Let me just see what this is, how we've done this for a year yet. Look at the year. It's still 2. So the year is 2.5% to 4.2%. Check that out, right? And 6 months is 3.3%. They're all getting closer now. So six months, we've been up here for a while. We're at 3.5%. And last six months, the low's been 3.3%, the high 4.2%. So in one way, you look at it with 7.10% lower. And another way, you can look at it with 2.10% higher. It's going to be, and by the way, what's going on with the shot end of the curve, the monostart positions are huge, absolutely huge. We'll see which way that wants to go. Some of the higher volume equities out here, and this is going to be a low volume market. And we'll see what they can, oh, First Republic. This is going to be often after the close out here today, folks. First Republic, that's the, you know, they haven't been able to find someone for that yet, but they're going to be coming out with their numbers after the close. That's trading $15.71. Stay right there, folks, we'll come right back. We have the now industrials trading up 58. NASDAQ is down 36, S&P's up one and a half. Stay right there, come back with our mammoth for Steve Rhodes, folks. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar Yen, as well as many more.