 headline news update welcome folks we ended out industrials finished down 31 Nasdaq down 385 S&P's off 43 gold gold contract up 34 dollars 80 cents traded 1799 ounce it silver up 89 cents $22 40 cents an ounce light sweet crude up a buck 13 72 dollars flat notes and bonds pretty it's pretty amazing man I mean we had the Fed yesterday we know that they're gonna go up at some point but guess what there's not enough bonds out here folks and the markets buying bonds and you know why they're buying bonds they're buying bonds they just want to make sure they get their money back so on the 10-year the bottom line is that you're 17 ticks trading 131 the 30-year up four ticks 161 28 the 10-year right now is yielded 1.43% and King dollar King dollar is down over half a cent you're down 531 you're trading out at 95 980 euros at 113 the yen is trading out here at 114 are you down 13 excuse me 113 65 and the British pound is out there at 133 well you know when we take a look at the spy you have the S&P's hit an all-time high today you had a failure on price you didn't have the failure on volume the reason you didn't have the failure on volume folks is that you made a higher high and we had higher volume you know the first time that was generated out here at this 475 had volume of 72 million well we did 105 million when you have a higher high with volume you're gonna go test it again so we're not done on the upside I do understand that yeah we had volatility and spades out here today you get up to 472 you went down to 464 and then you close out a 466 and the X100 now the differential goes like this the differential is that the S&P looks like yes it can go do it that being said the cues have a different animal now what the cues did the cues got up to 398 then gave it up went down to 385 and then close out of 386 we were talking about this a little bit earlier that this is set up like a railroad track that being said I'd be really careful if you're gonna sell the cues on the railroad track the reason being is this what the cues actually did is that they got above yesterday's high they're going into this swing and what do we have you have more volume so the cues bottom line they also want to make a run I guess for the high again yeah this is gonna be a wild one man get your cowboy hat on folks and ride them cowboy have a great night have a safe night come back and visit us tomorrow morning Tommy kicks us off outstanding show have a great one folks