 Call now toll-free at 1-877-927-6648 internationally at 727-873-7618 Welcome folks, so we just listened to Paul and guess what man? I mean my take they are nervous folks and they're done and They were trying to while he was trying to spend each each and every way that yeah, well, we're not going up anymore You know when they start talking about? Housing durable goods All of the they know the squeeze is on and that's it and the market knows the two folks Okay, we have the now industrials right now up to 48. That's like up 190 s&p's up 46 You have gold down to 540 at 1988 we get silver flat at 2296 your lights we crude flat at 80 0.65 in the market itself. Yeah, here we go So the ten years been trying to get off the lows the ten years up 27 ticks 101 the 30 is up a full point plus eight ticks at one ten 22 and King dollar, you know is on the way of giving it up King dollar had been up to 256 ticks. It's up 71 ticks right now trading 106 732 the euros at 105 the end is that trade at 150 83 in the British pounds at 121 and if we go over to the s&p's I'll do the the futures quick because the futures folks are in a Intraday ABC structure up to 42 77. I'll show you how this took out the b-point took it out with volume They both did work. So we get another was 77. That's another 17 points higher I expect we're going to go into this close right here You can see that you had the upshot there if you pull back a bit and then you just blew away this b-point with volume so bottom line is this thing's going to run man and You know the bottom. That's that's how this is. Oh, yeah, no, let's go to the tenure. Take a look at the tenure You know, so we take a look at the tenure What you're gonna see with the tenure the ten years off the lows Yep, 20 said 28 28 ticks folks 32 ticks is a point and you normally don't see the tenure go up a point I can tell you that so you eat there you go yet 234,000 contracts traded I Can make the case right now look at this man. Now. This is gonna get interesting not not not not yet Oh, this would be interesting if we go up a little bit more You can make the case you can see this this trend line that I just did out here One more day 111 12. We're at 107 oh one We get to 111 12 and you're gonna see these interest rates dive pretty quick right now We're at 4.7 6 3 4.99 is the high and We go into the gold market when you're gonna see what the gold market the gold market rejected lower price out here today Could did that the gold market just keep continuing to reject lower price meant we got down to 1978 flips right back 1989 right now you get 181,000 contracts and that see that's like contract volume because that's going into over 200,000 contracts and On top of that it didn't take a swing point out not even close either And then if we get into the dollar we take a look at this dollar what you're gonna see inside the dollar as The dollar, you know, we were up The 107 113 and right now you're 106 735 stay right there folks who coming right back We have the Dow industrials Dow industrials right now is trading up 227 Nasdaq's up 190 S&Ps are up 44 come right back 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 like any endeavor in life Before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman Creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in Identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman in your inbox every day First time subscribers also get a 30-day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up TFNN.com educating investors 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 it 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 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 stream 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 Don't forget you can listen to TFNN live on your mobile device 24 hours per day Go to TFNN.com then hit watch Tiger TV. That's TFNN.com then hit watch Tiger TV Welcome back folks to doubt down just right now trading up at 232 Nasdaq's up 192 S&P's are up 45 And you know if you're listening to Paul out there folks Model you know is it really intriguing that you know they had some good questions But one of the questions they didn't have out there was they should have got well particularly I think they should have gone into commercial real estate Because what had end up happening is that when Pyle was actually speaking At the beginning he was speaking quite a bit about real estate and durable goods Soon as you brought up the durable goods aspect of it folks, okay That was the heads up in a big way why because what happens is this so picture you got eight percent interest rates going on right Well right now we don't right now I bet you know by tomorrow the interest rate on a 30-year mortgage is probably the seven points seven and a half or seven points Three three quarters that my take is that this rates gonna get out very quick Maybe well buy a point very quick and we'll see you after that But anyway follow me through the with this this durable goods deal what what he was explaining Was that that it's already hitting that market. He knows that that market is frozen, you know Yes, what what tends to happen when oh not what tends to happen what what has happened because there's such a shortage of homes Okay, is that the price is held? Okay, that being said though It doesn't mean a thing when the price holds and no one's selling anything. Okay, cuz a what's what's the real price? Okay, and you know This sales going on but you get the gist of it. It's a very tight market. Okay, when he brought up the durable goods It's a whole different ballgame and the reason it's a whole different ballgame folks is this the durable goods go right through our whole economy I mean in a monster way. You're talking about Stores you're talking about, you know longer term and he specifically what he was saying is that consumers are not buying into Longer term durable goods. Okay, they won't take that risk That in itself to me was a monster heads up that okay He knows that it's already hit the economy They know that they're in a very and have been in in a tight range right now And then what they brought up that it's a two-sided risk right now. So as soon as it's a two-sided risk Okay, the bottom line you're not going to go up anymore And in fact what you would end up doing is it's going to be the market Itself folks that basically brings rates down just as I said if you know last week I was talking about the aspect that we were at zero rates What had happened? It wasn't the Fed that went up first if you look back at the ten-year rate The ten-year rate is the thing that moved first just as it's moving right now And I suspect it will keep moving, you know So this is gonna get really intriguing from this point coming out, you know, because the bottom the bottom line is is that you know The rates have been fast furious they're high enough and The rate of inflation Okay, has been slowing dramatically not and not in a small way, you know if you percentage wise it's been dramatic Yeah, it's not down to 2% yet, but guess what before you know it in six or seven months It's gonna be a 2% it might be a 1.5% okay, that whole deflationary deal, you know There's gonna be there's gonna be a leftover you know basically, you know hurting in the marketplace Because of the fact that you know we've been into this now Exactly a year and a half if you want to hear something that's really wild and I don't think I've ever brought it up on the air, but I Felt this is gonna play out exactly like 1989 played out and that's how it's playing out what it happened folks is this is I do the crash in 1987 it took a year and a half for that to hit the marketplace and Sure enough, it's the exact same type of setup So it gets really it and that when it did hit the marketplace by then okay, the destruction had already been taken place in major cities But that destruction only lasted about 14 months that that's you know That's if you you know were or weren't around then what it ended up happening in Boston, New York, Florida, Alaska Dallas, Texas Oil market crashed real estate market crashed and something that you'd think you'd never see Particularly now is it in Boston in particular the Japanese had bought land and Buildings all over the United States including Pebble Beach the Arabs of the the Middle East, okay, Saudi Arabia They they had bought a bunch of buildings in Boston. Well, guess what they gave them all back They gave the keys back think about that for a second and if you are familiar with Boston now You're just gonna crack up man because I was at one McKinley place and I remember Like looking down the streets and I don't even get this man No, and it was you know, this is the first one that I had seen that was so fast and furious and You know my perception was that well There's no way that you know, you're talking about the Saudi billionaires giving the keys back You're talking about the Japanese give and they all gave the keys back They these were these are these are buildings that were either just built. They gave the keys back man It was amazing Anyway, my take is that this is the same type of play out I think with Pete and I think what you're gonna see now is you're gonna see a very quick backing up You know, so we'll see where it shakes out But I think he right from the get-go. I think he was nervous man. You know, I think he does it I think he does a good job. I'm not you know his transitional Inflation they blew that in a monster way. I can't even understand that part of it But as to the transparency with their thinking, you know, he he all but was trying to say well He couldn't say it but it almost was like he he was almost saying like hey, you know, we're tightened We're tighten as much as we're gonna do and we're gonna see with the rest of this monetary policy Comes out because the lay the leg is huge folks. There's no doubt about that. The leg the leg is huge So we'll see where it shakes out, but you know Mockin wise, okay, you know if their interest rates start ticking down Let me just go I want to go to a couple of these builders because what you are gonna see is this it was interesting I was showing a house yesterday and The you know young couple and you get a feel for these people because the bottom line is that all these things Yes, he told brothers is taking off like a rocket ship. This is I'm telling you man hold on Because the gravy trains coming back said told us up three dolls and forty seven cents Let me go to LaNah because what's happening is this I was saying to this young couple yesterday So the housing is so tight folks, okay that yes that the yeah, LaNah is up for 59 They we get we a game on here. So what what's gonna happen? My take is what's gonna happen is this? When I was talking to the couple yesterday, I was saying, you know, yes, the rates are high I said but what I think you have to understand is that as soon as these rates go lower You're gonna see housing explode again and Now now when now where I'm going back to listen to this, okay, and this is where you know Technically, okay, so we do charts at your time in the trade and I could teach all that stuff But what does happen is that you have to have been through these cycles to at least I'm Speculating here. Okay, no doubt, but to at least have a different type of Thought pattern on where we are and what I remember and I'm and I was in the real estate business then too Okay, and I was only a kid, but that's why I had the slinging pizzas and subs and all the rest of this stuff Just to smell like a hot dog every day, which I love that business but anyway As soon as you know that rates start backing up now this I'm going to the 70s right now that Expands housing and two seconds flat. I mean just boom it goes and it goes so quick you can't see straight because why because Lending a borrowing money is all about your signature and what you're gonna pay per month stay right there folks who come right back Tyres every Tuesday and Thursday Tim or joins the Tom O'Brien show to share his unique insight that he's developed over decades of trading now on Tuesday November 7th from 4 p.m. To 5 30 p.m. Eastern time Tim Ord will be hosting his own live webinar Tim's analysis has been outperforming market returns by almost double and his gold analysis is on track to be a winner as well Tim will be delving into six secret ratios that every trader should know in this webinar Tim will be covering the daily TLT VIX the daily and weekly spy VIX the American Association of Individual investors bull bear ratios and the trend panic levels Tim will break down each ratio how it is calculated its importance and how it can help you make bigger returns It's as simple as this learn the ratios trade by them and see your returns That's it visit the front page of tfnn.com today to sign up now tfnn educating investors 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 Technicles 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 Biotech is booming, but for how long whether you think the biotech bull has room to run or has run its course trade Labu or Labd Directions daily S&P biotech three times bull and bear ETFs visit Direction investments comm slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction Shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a Prospectus or summary prospectus, please contact direction shares at 866-476-7523 The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC Tfnn has launched the Tigers then 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 Tigers then available to all Tigers and Tigris's 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 This program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ Welcome back folks down down that shows right now trading up about two forty two forty Nasdaq's up to oh four S&P's are up forty seven. Don't forget folks a week from yesterday. I'm a mr. Tim or that's going to be doing a Webinar for you folks. It's an hour and a half webinar. It's only $149 and he's going to be going through the Six secret ratios that he uses when he's looking at the S&P You know, so if you come over to our website at tfnn right on the front page You're going to see these What he's going to go through number one and you will get the formulas for these ratios folks. Okay, so check it out When Tim is on tomorrow, of course because now what we do have is that now you're going to sign a strength So now what's also going to end up happening if you've been following Myself and Tim on Tuesdays and Thursdays He already hit the gold the good the gold is already on this way And now what you're going to have is the S&P's are on its way because what's going to happen here Is that this is going to be a sign of strength? You get you have the wide price spread you get the volume does coming in what we just did is We just got back inside the higher range also you can see it blew right back inside this which is which is really positive So what this is saying here is that now you know bottom line you broke the downtrend So where are you going to go? You're gonna right now at 423. Well 438 is the next step up And we'll see what happens there. We take a look at the cues and You're going to see the you know the cues have always been stronger than the spy in a monster way Okay, so in the cues you're going to see that don't number one the bottom line is that yeah Look at this it's that the cues are inside the higher range period So check this out if you're watching Tiger TV, you're gonna see that line that's going across there, okay? That's the higher range man. You know. Yeah, you your first spot You were 357 your first spot is up there at the 373 But the bottom line when you're in the higher range you're talking about all the way up there 387 Let me pull you back a little bit more Yeah Yeah, that's how it's set up and now if you actually take a look at look at this man See this is so intriguing when you actually break this down Fibonacci wise Because when you break it down Fibonacci wise, it feels like we've been down here or down forever, right? but in fact What you have inside the NASDAQ inside the cues, right as you only did a 0.382 retracement man And when you only do a 0.382 retracement on a pullback The probability number one is that you're gonna blow away the high and in this particular case We're talking about 387 inside the cues and you just might get an ABC structure up You know so when you're taking the B point out take it out with volume guess what you get action, man So this whole thing is we get let's put it this way. We got a market that that's what it comes down to You know you got you get up you get up we get a market that's going and yeah You know you get you're gonna choppy bumpy whatever how you shake that out But I suspect what we're also gonna see is that if we take a look at the dollar What you're gonna see is that the dollar is Gonna give it up the dollar has been tough big time I mean, you know if we take a look at this dollar it can see that we gave it up and Then what ends up happening? It comes right back and in fact if you actually take a look at this You know you can see that you know, I mean even since it gave it up. You actually have you know three spikes higher Now that being said the last two spikes You know have given it up they got to a higher high Gave it up on price closed at the low and what that sets up is that that sets up lower price coming at you Now I suspect that the first leg down, you know It's gonna be this one oh four six ninety nine Now because that's where it took a long time to break out of that You know and if you were listening to power power is bringing up the aspect of there's enough the strong dollar I mean, that's that's the bottom line, you know, so Everyone's aware that you know between the dollar between the bonds the squeeze was on and in quite a way There's no two ways about it We go take a look at the let's go take a look at some of the higher volume expertise out here and see what's been moving So you got advanced ball look at that AMD. So bottom line is that this wasn't up last night, but This but this baby's up nine bucks. So check this out man. Let me see this to this intraday Yeah, it did right from the start on meal. So it opened it one old It opened at 98 and just didn't stop That's pretty impressive, man, you know, they come out with the numbers last night, you know Now this is that's a monster sign of strength man. That is huge. Let's pull this back Put that on a weekly Yeah, same. Well, not that's the same type of setup But this is this is on its way up to that swing point what 107 you get the swing at 132 You know, that's game. So let's go back to the higher volume equities again So that was number one Tesla's up four and a half bucks. The Amazon's up 3.7 You got Apple's up 3.2. We'll go back to Apple and Vinny's up 15 man. Look at this thing. Oh my god and VDA Yep and Amazon Yep, and then Apple I think we're coming out tomorrow with Apple, right? Let's say yeah November 2nd So Apple comes out tomorrow. Apple's gonna be looking to do 89 billion To the top line and the dollar 39 to the bottom line You know, they they're they're saying that they're still growing what is growing back four and a half percent in America four and a half percent in Europe, you know, seven seven eight six percent in China per year. This is their products are growing by four and a half percent and the services are growing by six percent Now the products at 316 billion a year the services of 78 billion, you know, it's amazing about the services I mean, I remember when the services were almost nil and not 78 billion dollars What a what a trip and I swear, you know, I just had to get an Apple phone Bridget just had to get an Apple phone and it's almost like These companies man, they just know, you know, they Whether it's an upgrade that they do whatever it is You know, it gets in between your phone Zaps your phone who knows it just seems like that's you know, and then you're you know, then you need a phone Right last thing I wanted was another phone. But guess what I didn't have a phone for four days And then I went and bought a phone That's what comes down to yeah, you know, what a racket, right? I mean it really is a racket to and it and it's not I I had I had the 12 I think now I get that 15 titanium. I don't see any difference man, you know You know, not a bad phone, but I don't see any difference and the bread is the bread These days well, especially if you do business on a phone, which we do Not much you can do it about in our case almost that they say all of us not only do business We do trading we do we do everything on our phone. So You need a phone you need a phone that works. That's that's for sure The NQ's let's go take a look at the NQ's for a second. So the NQ's they're getting some juice behind them Yeah, you can see that even the futures the futures broke us down turn to Yeah, you know, this is gonna go right back inside There's a range the NQ's in getting a range yet the with a Because of course, that's the futures, but bottom on the Q's have Sarah there folks come right back Are you ready to take your trading to the next level? 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Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market Overviews that give you direction on the key indices selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by Basil Chapman Creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in Identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman in your Inbox every day first time subscribers also get a 30-day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork To patterns in the stock market to stay on top of stock patterns You can take advantage of sign up for the Fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks You need to pay attention to and you can trust Larry's analysis after all He's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking Expect notifications from Larry on market movement You need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24 7 newsletter today tfnn.com educating investors Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch Tiger TV. That's tfnn.com then hit watch Tiger TV Welcome back folks. So now down just shows up to 17 as like up 208 S&Ps up 44 Let's go take a look at the spy and see where we stand out here. So the spy right now is trading up 445 you get you have both you have the price move and the expansion of volume out here today So bottom line, you know, as I said earlier the if we look at the futures you get an interday ABC up folks to 42 77 and When you have an interday one, which is always cool. Okay, is that yeah, you can hit it that day But just something you want to remember is that this doesn't get negated Overnight, you know, so it's always cool. So let's let's pitch it. It's two different ways You either just keep running. We're only at 42 57. So it's 20 points higher That's one way. The second way is that yeah, you pull back a bit But if you pull back a bit always remember that you still have that interday ABC structure up and when they pull back You know as long as the you're not pulling back with monster volume And even if you pull back under the B point, which in this case is 42 48, you know Bottom line is you get an ABC structure up, which is really cool, man. We go to the cues We take a look at the cues. What do you have with the cues cues out here? They're doing 54 million shares so you get the expansion of volume there. They're already inside the higher range You can see that they broke the downtrend, you know, and when you break an uptrend or a downtrend folks Okay, you want to break it with conviction and conviction is wide-priced for accelerated volume That's exactly what you have, you know, so, you know, we'll see And it's amazing time-wise to how it sets up, isn't it? you know you go into it you go into window dress and it just happens that window dressing and The feds the same way and then on top of that if you didn't know it November, you know, it's one of the best months in the marketplace period I believe it is the best month in the marketplace. So that's really wild, you know, because we know percentages are always fun Okay, now they say the best month in the marketplace. Well, we're coming off lows So yeah, you can go up pretty dramatically off a low and you're still under the high, right? Oh, as you remember folks, the bull can The bull can run you over the bull can run you over. Yeah. Oh My god. Okay. Have a great night and a safe night Join Tommy tomorrow at 9 o'clock