 10 a.m. Eastern Time, the Tiger Technicians Hour. Don't miss the program. And if you haven't tried out the opening call, folks, Basil's daily trading service, outstanding newsletter, check it out under the Newsletter tab at the front page of TFNN. You can hit the Subscribe button. You can sign up for a month for $149. You can sign up for six months for $695. That's a savings of $199 or 22.2%. Or you go for the year at $1195. You save almost $600. All of those come with a 30-day money-back guarantee. So if you're thinking about keeping that subscription, which I encourage you to do, give it a try. Think about the six month of the year, and you get a ton of awesome webinars with that as well. You got one from December. He just did talking about different equities, many different webinars in there. And boy, we got quite a market, quite a day. Basil Chapman, good afternoon. Good afternoon, Tommy. How are you? I'm doing fantastic. How are you? I was just talking about Tacosta, same man. You guys are getting some beautiful weather up there. And are you playing any tennis yet in February? I snuck in a game of tennis. I could have played it outdoors, or I played it indoors, but it is really nice out there. That's good to hear. Nice. Yeah, you were talking about the market. So I want you to just say that you're absolutely correct. This is a really unusual market in the sense that the leadership has actually continued to hold very well. And usually when you get these big spikes, especially after earnings, you get some kind of sell-off. But what I'm looking at here is you see this chart on the left. So let me just show you. This is the Dow chart. And on the left is the daily. In the middle is the weekly. And on the right is the monthly. If we go from the right, which is the monthly reading of legs, see in the Chapman methodology, we try to identify the lowest low bar and count every successively higher peak, alphabetize them, uppercase on the way up, A, B, C, D, E, F, G. It's at that fourth highest peak, D, that other things can happen. So that says monthly chart, only in leg C, you can't get a peak D for a few months. So that's very positive. The weekly chart's only in leg B. With all the, look, there's nine period moving average way over the 14. Look at the 200 period moving average at 32,500. Yeah, we are at 38,944. That does say we kind of overbought, but that's just a visual thing right now. The MACD is still very strong. Stochastic fabulous at 95.53. This is the weekly, but there's a little sign here that says the on-balance volume is overboard. That's the one indicator I use as overboard or oversold. And it says, gotta be a little careful. That's on the weekly chart, but it's only in leg B. That says you can't get a peak D for at least another four or five weeks. Okay, so that's the weekly. Now the daily, you see this, what I call the Chapman inside check. This is this little channel. It's a repellent or a propellant line. So this pink line says, every time the price has gotten to that level, it hasn't been able to break out above the green line. So this little mini channel like a little tube here is like a repellent zone. So we've taken a little insurance policy here. We do have long positions from way back, back in March of 2020. And then again, in October of 2022, we've kept those. Now what's really important about this is that you can see that the nine periods, this little green line here is still positive. And as a result, that says for it to turn pink, in other words, if it go from green to pink, it would have to cross under that black period moving average, which is the 14. And it's got this inside track propellant zone right here. So a lot has to happen. So my thinking here is we don't have, at this point, we've got yields in the upper range, but they haven't broken out. That's usually one of the triggers to say, it helps the markets getting nervous, but we aren't quite there yet. Number two is crude oil is getting real. I'm watching crude oil very closely. It seems to me that in screening, I'm getting a number of very low priced oil and gas service companies that seem to be doing very well. So I'm watching this really closely. And the other thing is from out of the blue, you never know where bad news comes. And we just haven't had, and that's one of the reasons why I felt that if we do have a pullback, and I think we're very close to having a pullback, it'll be more in the four to 8% range. And that's what I'm thinking right now, but we actually haven't got it yet. I do have a technique that says, there's a chamois of two bar reversal in the Dow from the 39,282 to slightly lower high the next day. And today's got a red candle, but this is like an eye blink, it's like nothing. So I'm looking at it and I'm saying some of the technicals in the daily are not as good as the weekly. They start to deteriorate and it's only this 914 that's still strong. So I'm watching this very closely because from the mix I'm looking at, I think that we can see that there's the possibility that we're bumping into some kind of resistance. So yes, the exact same up channel. This is what I call the inside track repellent zone. Once again, how many times this line, this pink line has been hit and it can't close above. If it does close above the green line, that would be up in the 51, 40s or 50s and that'll be very positive. So that's what I'm watching, but so far it's been repelled there. So I'm looking at this and I'm saying in, for instance, we still have Microsoft from 338. We've also had a trading position that we took off and they took nice profits. In fact, we took profits 60 cents from the all-time high, 420.82 was the all-time high. We took a trading position. We took a little bit off at that 420, 420.20 level. So it's still holding pretty well, but it's a sign here that says the upside's getting a little, it's a struggle at this particular point in some of the stocks. And then I've been talking about these round numbers. All I can say is that it's a work in progress, but look at this, this is SMCI. This is super micro, super micro, it made an all-time high at 1077.87. I've had to make them gray because it's covering, I must have at least 10 or 12 round numbers either at the high, the open or the close. And it's going to tell me something very soon, but it's so unusual for, yeah, you've got a stock at 850 people paying a round number 945.00, here's 995. Today, the high has been 869.00. So normally when I'm looking at one or two of these things occurring, like AORM hit the exact round number at 164 the other day, it hasn't broken above it. It usually says to me, just be careful on the downside because someone paid exactly, when you prepare to type in the decimals, they just went right there, 164, I went in, I went out. So you can imagine the person who's bought in at 164 seeing it go down to 115 in a few days. So I'm just looking at this and saying, the market is telling me that there's a little bit of hysteria in some of the action. And normally there has to be some kind of a pause of breather when that happens, as that particular sector takes a breather and other sectors start to come up. So we're in very interesting positions. We've got what I call under the radar stocks that might not be influenced if the market does pull back. I do expect Microsoft to pull back some more. I'd like to, we'd like subscribers to get in for another at least trading opportunity, even though we walked much lower down just in terms of trading. But we're in a very diverse portfolio. And I like the fact that the financials XLF has done very well so far. And that just says to me, there's some good infrastructure in this market, but you must be sick, some kind of a pullback. And folks, if you wanna check that out on a daily basis, check out Basel Chapman's Outstanding Newsletter. You can do it right under the newsletter tab for the opening call on TFNN. Basel, I appreciate it so much. You got Amazon in that Dow now, I was gonna say as well. Which is pretty cool. I love it, yeah, great. Thanks so much, Basel. We'll be watching tomorrow, man. Have a great night. We'll be right back, folks with Tim Orts. To predict the future, right? Like any endeavor in life, before you decide it's impossible, get some.