 Cheers. Safe presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to our man Alan Homo Sasa. What's going on, brother? It's, isn't it wonderful? I went ahead and invested in your, uh, Tiger Dollars, and I went ahead and got your gold report for a year, and also your morning, your, your call letter and stuff like that. And I got over 50% return in one day, not counting, uh, everything else, but I just want to thank you. Tom's not perfect, but he tells you how to put your stops in and keeps your losses small. You can take your small losses, but then all of a sudden you'll be like Dave Brute, and you'll pay the home run. I mean, a big home run. Yeah. And put the money in your pocket. Okay, brother. You're awesome, man. Thank you. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien, a TFNN. We have five days a week. We go 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 you focus on, grows, hope everyone's having a great day, safe day, let's make a great week, folks. It's hard to believe the 22nd of June. How do you like that, man? Be impeccable with your word. Replace fear with love. The human mind is like a fertile ground where seeds are continually being planted. When you're impeccable with your word, your mind is no longer a fertile ground for the words that come from fear. Your mind is only fertile for the words that come from love. This is a freaking awesome guide, folks. Mug and wise, let's take a look at it out here. We have the Dow Industries trading up $127, Nasdaq up $76, S&Ps up $21, Gold Contract up a buck trading at $18.39 an ounce. We have Silver down $0.37, $21.47 an ounce, Light Sweet Crude off $357.105.95 an ounce, Platinum down $14.95 an ounce, Notes and Bonds, the 10-year note trading up $1.66 at a price point of $1.17, the 30-year up a full $2.25 ticks at $136.05, the 10-year right now is yielding $3.14, the high for the year thus far is $3.46, in the last three months the low is $2.2, highs $3.4, we're trading $3.1, and King Dollar, King Dollar right now, down $285 ticks, $104.150 euro at $105, yen $136, and the British pound $122 to $1 to US dollar. We'll get over and take a look at the S&P folks, bottom line, we got a higher price, we have the futures down, rejected lower price out here this morning, bottom line we'll see if it can hold price. You got, you're up a bucky, three right now, you're trading $3.76, you're going to have a, yeah we won't have a contraction of volume because you did $76 million yesterday, you should do more than that. Now the problem is of course you're coming into $170 million on the way down, but you know we'll see where the S&P can hold out. The industry to keep your eye on, the NDX100, the 3Qs, 3Qs yesterday, bottom line they gave a nice tell, the tell there was that you know the bottom line it got over high that was out here on the 11th of June, closed underneath it, it's going to have lighter volume again today, but that's the number you want to keep your eye on here. That number is 282.34 and right now we are at 283.04, so right now you're 67 cents above it and more than like, well we'll see whether it's going to stay above it. Gold, gold contract did reject lower price out here, that being said, bottom line they can't get the impetus to go higher. We've been going sideways for quite some time. We've got to 1824 today, you get 139,000 contracts, that's light contract volume that's what you want when you basically reject in lower price. You know we're coming against 200,000 contracts as well as 181. So the setup's there, a little frustrating when you go sideways for such a long period of time, but that is what it is. And we go to King Dollar, we take a look at King Dollar. What you have with King Dollar out here is you got a high today of 104,947. We are at a low of 103,858, so you're kind of laying out a little dogey here. This is a tough one, man. I mean the bottom line, the swing high you want to keep your eye on is 105,005. It's surprising that it didn't want to try to get to lower price today, because we were up, they're selling it all morning, and then guess what though? The bottom line is that we can't even get under the swing low that was generated out here last Wednesday. And the big swing low is 103,418. The way this is set up here is like, okay, you came down, but you didn't even get to the last Thursday's low. And when that happens, that's like, okay, that thing wants higher price. And if it wants higher price, this market is going to take a few more connections because the bottom line, this market can't stand that dollar when it goes to higher price. So we're still in that ABC, we got multiple ABCs on the way down. You got to love Powell's out there testified, and you know, I was just talking to Jacob upstairs as we were talking about the aspect of, you know, when CEOs come up with bad news, they always start with like small bad news that just keeps getting worse. That's how it seems to go. They just let out little by little. Well, Powell finally gave his most explicit acknowledgement to date that steep rate hikes could dip, could tip the U.S. economy into recession, saying it is possible and calling a soft landing very challenging. There you go, folks. Bottom line is that it's a no brainer, man. I mean, the differential, okay, the differential here, and I don't quite know how they're going to get a handle on it, is so dramatic, it's unbelievable. So picture this, you know, for us that have been around for a couple cycles here, the bottom line is that when, you know, when they charged higher with inflation in the 70s, 70s, and 80s, right? The difference was we were starting off at a much lower number. And I'll give you the idea. First house I bought, Triple Decker in South Boston, okay? Bought that in 71. It was 71. Yeah, 71. Paid 14.5%. But guess what? The Triple Decker was only $14,000. I lived on the second floor. I had a sub shop on the first floor. I rented the third floor for $250. So the bottom line is that, you know, I was a kid that's always used to anyway, but those are good investment. Now it's worth a million dollars, right? My point is, is that now we are talking high rates on high numbers. When we had high rates on something that's $14,000 free, three units. It's like, are you kidding me? And I mean, you know, yeah, that's South Boston. But the reality is you could have probably been in Wellesley on Newton. And yeah, you would have been paying $50,000 or $60,000 for a single family. But you're still $50,000 or $60,000, and now those houses are like $2,000 or $3,000, you get my point. They have to try to, I suspect what they're going to do is this. They're going to up, up, up on the rates, crash the economy. Now they're not telling us, really hit it. Then they're going to go down, down, down on rates. Because, I mean, what do you do? I mean, how do you pay, you know, 10, 12, 14% on millions? That's impossible, man. Stay right there, folks, we'll come right back. We have the Dow Industries right now up 100, Nasdaq's up about 63, 75, rather. S&P's up 17, we'll come right back. Time of glooming inflation. We are purchasing powers eroded. There's no better place to protect your harder and money-thinning gold. This, the gold's flagship asset is the Monk Cod Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. Vista Gold just completed the Mount Todd Feasibility Study, which resulted in a 7 million ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational, as well as environmental permits. This distinguishes Mount Todd as an attractive, devious party, ready-development stage gold project. Vista Gold trades on the New York Stock Exchange under the symbol VGZ. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years, a frequent contributor to TD Ameritrade Network and CNBC. Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. 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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 And just to give you a few more quotes from Powell, so his first sentence out there is, let's see, saying that, saying the steep rate hikes could tip the U.S. economy into recession, saying one is possible and calling for soft landing very challenging. Okay, now watch the other risks. This is what they're facing. The other risk, though, is that we would not manage to restore price stability, and that would allow this high inflation to get entrenched in the economy. Well, it's already entrenched. We can't fail on that task. We have to get back to 2% inflation. 2% inflation, folks, feels like Disneyland, right? I mean, it doesn't even seem possible now. So, you know, we'll see how this shakes out. Inflation is obviously surprised to the upside over the past year, and further surprises could be in store. He's setting us up, man. Well, he's not setting us up. We know what's going on. The difference is they're claiming that, you know, man, they're asleep at the switch. That's the bottom line. That's the bottom line. And I'm not just blaming Powell, either. This goes, for all of us, this goes all the way back to Greenspan, folks. This is, so picture the, you know, particularly, you know, we're in the gold market. And I remember, I mean, so many times, you know, at gold shows, you know, the gold bugs always were a continual basis that, hey, man, you just can't keep printing money. You just can't keep printing money. And as Duffy says in the den, remember Ben Bernanke, helicopter money. When you look at the history, the history, and this is where the gold bugs were absolutely right in the context, okay? So when you do, you know, the numbers, meaning that how much money gets put in the economy as to how much it affects the GDP because of the amount of debt that's in the economy, okay? It is very, as we have continued up this path of more money, more money, more money, fiat money, by the way, just print them. What has happened is that as they're trying to push the economy up, every new batch of money pushes it at a very smaller level than if we go all the way back, you know, to 1985, whatever that is, okay, 80, 85. And as, at the beginning, yeah, you could push it up a lot. Now you can't because the fact that it matters, it goes back to the debt levels and paying those debt levels in the marketplace. So, you know, so the bottom line is that we're going into recession. And, you know, the real question is what type of recession is it? Is it a recession that the amount of jobs go so quick? There was a couple of articles yesterday, so check this out. This is, you're going to start seeing this, and you're going to start seeing this in a big way. There's a huge amount of corporations that were out there saying that, not saying, looking for so many people to work. Well, what has happened is that because this has gone on so long, a lot of these corporations, they're just doing fine. And they're saying to themselves, hey, I might as well stop pulling back now. I don't think I need as many people as I needed, as I thought I needed, because now things are going to slow down. So we're going to start seeing that kind of go through the economy. What just happened literally an hour ago is that J.P. Morgan, Morgan Stanley and J.P. Morgan, one second, hold it. It's one of them. What they did is they're going to lay off J.P. Morgan, man. Okay, so picture this. J.P. Morgan is laying off hundreds of homelending employees and reassigning hundreds more this week as rapidly rising mortgage drive-down demand. The total effect will be 1,000 U.S. workers with about half moved to different divisions within the bank. Okay, so this is kind of the same deal that when I started the program with. You know, you don't go to J.P. Morgan like for a few years. You go to J.P. Morgan for a career, right? So you can imagine what's happening here. You get 500 people that just laid off. That's it. Now, the other 500 people that say they're moving around, but that's going to be one of those deals. Yeah, they're moving around till what? Another part of the economy starts collapsing and they don't need them there. So that's serious business, man. There's no doubt about it. Those are big jobs, you know, and it's sad, but whoops, wrong one. What did I just do here? Okay. Did I hit the wrong? I'm sorry about this, folks. Here it is. Okay, I got it. But you get the gist of it. The gist of it, I'm trying to think myself this, you know, so because our recessions have been so light, I'm trying to think of the recession that we actually did have in the 70s. And I really was too young at the time to, you know, man, not just too young, but what ends up happening when you're working, you're working. It's just that whole saying about, you know, you know, things are fine when you have a job, when you don't have a job, it's a depression. And it's so true. There's no doubt about, you know, there's just no doubt about it. So we're looking at the market, you know, a bottom line is that when we started here, this S&P, I mean, the Q's, this Q already, and this is early for this thing to start selling down, you know, we're talking about what, 323? And the number that we're talking about is 283.24. And now we're 282.63. You know, that's the same thing here, man. You know, this is building cause to lower price. Because when you come down as fast as we did last week, I mean, that was a fast move, man. You know, you're talking about going from 311 on the Q's all the way down to 269. Okay, so what are we at? 41 points? 43 points? That's intense. And you can only go sideways and you have life volume. That's problematic, particularly in the aspect that we know that we do have two separate confirmed ABC structures on the way down. Let's take a look at some of the higher volume equities that we have out here today. You have advanced micro up 89 cents. We have Apple up 44. Amazon's up a buck 44. You get Facebook off 24 cents. Altru is down 4.4 dollars. They're getting Juul off the market. Thank God, save some lives. You get Carnival up 7 cents. Marbell's up 48 cents. Let's go inside the NDX100 and take a look at that. Inside the NDX what you have, the strength of Moderna is up 5.5 percent. You got DocuSign up 5 percent. Netflix is up 4.8. Makayla Libre's up 4. Taken away from it. Pendouadou down 3.7. You get Marriot off 3. JD.com's down 3. And Ross Stores is off 2.6. Let's go down. I want to go take a look at this Netflix for a second. So what's going on with Netflix? We are 179. Not much here. Oh my God, look at this. Yeah, there's not much here at all. Let me show you something. This is interesting. MNS when you got, whoops, there we go, MNST. So this morning I was on TD Ameritrade and we do these three trades. And this was one of them that I picked out here this morning. It was Monster Beverage. Because look at this. This is kind of intriguing actually. So picture, you know, the high in January was 98. Well, we're at 90. But what had happened with Monster is this. Monster went all the way down to 71. And since the beginning of March, it's been going higher. So it's really intriguing in a bad market that can even hold price. And trust, there's only three stocks that I can find folks that could hold. It was for the maximum hold price. Stay right there. Come right back. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, DXAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting TFNN.com. Don't miss out on the next great gold trade. Sign up today. TFNN has just launched their new trading room, the Tiger's End. 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, and now they are expanding their reach with the Tiger's End, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. In the Tiger's End, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's End at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. 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 guardleys, ABCs, 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.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.com. Welcome back, folks. That was up 43 Nasdaqs, up 17 S&Ps, up seven and a half. A bottom line of the market's not holding out here. So, launch is one of them. Now, check this one out. This is pretty cool, folks, okay? LW. LW, okay. You ready for some potatoes, man? We packed the kind of garage and eat potatoes, right? Okay. So, this is lamb-westing holdings, right? Bottom line, this is frozen potato products, fries, roasted potatoes, puffs, slices, all of that. This is kind of intriguing, though. It's the same type of setup when you're looking for stuff that has actually got smoked, and, you know, this one hasn't, man. Well, no, it's done the same thing. When I was hunting for stocks this morning, it's done the same thing. You can see that we, this topped out also at 71 bucks, went down until the middle of March, but someone's been buying it since the middle of March, man. You know, we have, so picture this, the way to look at this is this. We're down 1,100 S&P points from the high, and this is down was, yeah, this is down three points. So, I think what we have here, when you're looking at these, and I'm going to bring up one more after this, it's like, you know, managers, money managers have been getting into things, you know, this is definitely off most people's radar. There's no doubt about that. But you know what, what I have found is that when these potatoes run, and the eggs, remember the egg companies, when they run, man, they just keep running. Let's go take a look at the, oh, then the vertex pharmaceutical, VRTX. This is also an equity that has held up pretty good. The difference is that this one topped out in April at $292, or $272, but jammed all the way down to $233. But you can see this one here, this one here also looks like, hey, man, it's, it wants to basically try to bust this $279, and we'll see, well, is it $279? Yeah, it's $276, $276. We'll see what it can get up into that space. Oh, and I love it. We got a tiger that worked there for 15 years, and that is so cool, man. Yeah. Well, I'm, of course, Irish and potatoes. We go together, man. I mean, in a big way. This is no doubt about, hey, I got to tell you a wild story. This is a, this is a, this is, this is a pretty funny story. But, okay, so potatoes, right? When I was 21, 22, oh, no, 20, no, I was like 28, 28 to about 30, right? I was flying around a lot of different places. That's when I was doing the bankrupt bonds. I was doing the tickets and all that, right? So we were always flying around. And one of the guys I did business with, right? His girlfriend would be with him a lot. So the bottom line would be in these different cities, right? And would, you know, eat lunch together, eat dinner together. And now, so picture this. This is like after that, I know this woman for like, I don't know, at least like eight or nine months, right? We're getting, we're getting lunch. And at that point, folks, I really love potatoes. I still love potatoes to this day. But when I've been on streaks of eating a potato, like for, I'm not exaggerating, like a year, two years, three years in a row, okay, every day. I didn't have lunch. Bottom line, this is when I had the streak going. So what's happening then? She happened to be from England, right? Okay. And so we're in line. And she's ahead of me. And so I ought to admit they had those stuffed potatoes and stuff. So I ordered stuffed potatoes. I still love them. She turned around to me and she says, I am so sick of you eating a potato every single day. I looked at her like, oh no. And my body looked like, what is going on, man? And it's just, it's just so funny that one like deal could flip someone out so much. I mean, you know, we were still friends, but I looked at her like, oh man, you got a problem, man. Anyway, that's, I still eat potatoes, man. That's the bottom line. Yeah. And I still can't pronounce them, I guess. But guess what? They're freaking awesome. Okay. Market wise out here, this is going to get intriguing because this is what this is going to do, man. This is flat out going to say once again, it can't hold price. You know, you got these cues right now, you know, bottom line, you're 281.37. And so, well, they can get a point. Well, let's ask you, let's go look at the futures. Let's see what we're going here. Let's take, we'll get this active contract. First, we're going to look at the E-minis. Okay, so we take these E-minis. Well, you know what, I should have done this first. See, we're going lower, the high volume, we had a high volume loaded. That was established at that 12 noon, 37.58, man, that we're going after it. Yeah. And you can see the last bar got an acceleration. See that? We hit a high out here with 24,000 contract. Last bar just had 23,000. That's not bad. Well, coming into 39,000, but it's going to go after that. If we take a look at the NQs, okay, so the NQs, look at there. You know what's so cool, folks? Okay, once you're on to the NQs, lead it up and down. You can see the NQs get that high volume low at 11,005.67. I know, I've been talking about 11,320, right? No, no, what is it? No, 567, 567. And right now, you're at 581. Same thing, had the expansion of it. And if we break that, the bottom line is that, you know, you could, yeah, that's where we're going. I know we're going. Okay, see this bar, that first 930 bar, that should slow things down there. But that 930 bar this morning is 526. So we're 580, 526 is game in the NQs. We take a look at the NASDAQ. It's going to be the big bar that lifted us off the bottom this morning. That's how this thing is going to shake out, I suspect. Okay, what's my volume on this, baby? Okay, so 58,930. That's, okay, so that price there is 3719. Ooh, if we hit that on the, that'd be quite a close, man. On the SAP, it's 3719. If we dump like that, man, that is telling us how weak this market is, you know. If you're listening to Tommy Show this morning, he was talking about that this is the fastest down in six months since the 70s. Since the 70s. Okay, that is like unbelievable. And you know, what has happened, well, yeah, I'll give you an idea. This morning when I was on TD Ameritrade, they do this program live from the York Stock Exchange, right? So what they had, they, you know, trader there and, you know, ask them, do you buy the dip? Do you sell? What do you do? And you got to understand that all the specialists there, of course, they only want you to buy, right? So the bottom line is that, you know, he's saying, no, you know, but he was explaining the difference between what this was doing. He did a good job. He was explaining the difference between a trader and an investor. And he was explaining that, you know, a trader has to get things much more right than an investor. Because it's like, oh, yeah, if you have, you know, if you're frost in sale, which the market sends on sale, there's no doubt that, you know, you have to come in at some point. My point is that when this market bottoms, folks, there's going to be no one that is saying, I want to buy. That's just how it goes. Stay right there, folks, to come right back. 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. 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His weekly newsletter will give you specific recommendations for valued 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 $37.50. Sign up for Dave's newsletter, The Technology Insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day money-back guarantee. Tfnn, educating investors. IoTech 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 DirectionInvestments.com 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, Foreside Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. A look at the aspect of how many times you're down in the last 20 years is not much. 2, 4, 6, 8, 10, 12. That's pretty wild. Then you can see how markets basically always go up until they go down, because this chart for 20 years, oh my god, if you're talking 50 years, just about every one of those bars are up. So pretty intense, there's no doubt about that. And the acceleration of it, of this move lower, oh, did I just close this? How did I do that? Shame on me. Is there someone on the phone now? Okay, who do we have? Hello? Hey, Tom, it's John from Oakland, Michigan. How are you doing? John, how you doing, man? You know what happened? I just closed my message. How you been, man? I am doing well, Tom. I have not been able to call you because of work, but I had surgery today. Okay. And the last time I called you was the day your grandson, Tommy, had that little boy, Tom Jr. February 2nd, I love it. Well, how are you doing today? I had to have some surgery some home, and I always listen to your show after the fact. I can't listen to it live. Well, I appreciate it, man. Thank you so much. So I can't call you, but you've got that new look. I got to come at you. You are definitely Professor Tom, okay? You are definitely Professor Tom. I'm still trying to find myself, man. I'll tell you, you are always on the money. And what really made me call today was when you talked about burritos. And that's such a Boston expression. I'm a New Yorker, and I went to college in Boston. I was in Kenmore Square, was where my dorm was. I love it. Graham Jr. College. You know how to business, though. That was what people from Boston always say, burritos, you know? I know. And I just love that when you said that. I thought you jumped out of my chair. You know it's so funny, man. We don't even know the difference. That's the thing that's like, wow. And then, of course, I do now. Sometimes people hear the accent. Particularly, you know, it's amazing. When you're from South Boston, anyway, you really get a big accent. Because I've been in Florida now for 25 years, but it doesn't make any difference. Well, one of my best friends in Boston was from South Boston. From the South East. His name was Bob McCarthy. Okay. And he used to use that. Bonitos also. You know, so I never forgot that. It must have been fun going to school in Boston, right? I said it must have been fun going to school in Boston, right? Oh, I'll tell you, if I could live anywhere, I would want to live there. I just, I loved Massachusetts, the Cape, the coast. I know. The route one up to Newbury Port. You know, just that. Just so much about New England. And especially, you know, that whole back bay, folks, okay, where John went to school, it was a kids' haven. I mean, I remember we were, I mean, Mobrow Street, right? They used to block streets off, folks, so we could have fun. It really was, you know. It was just like, Boston University was up the street. Yeah. You had all these little girls' colleges down Beacon Street and Colorado Avenue. Mostly kind of a welfare mile. Yep. And it was just, you know, a great place to be a young person. I was 17 when I went away to college, if you can imagine that. Oh, I was in the Marines at 17, so I can. Yeah, so you can imagine that, but anyway. It's a beautiful thing. That's right. Some shop here. I, you know, you've been talking about the markets going down, like Tommy pointed out this morning so fast, you know, since the 70s. Right. With the dollar, you've termed, unless people don't know it, if you can't measure it, you termed it king dollar. I look at all these commodities, you know, and everything is kind of on the downside. Look at soybeans today, off 39 points. The energies are down. The gold is down, only a dollar. Silver's down 31 cents. And copper's getting killed. Keeping these things down because the dollar keeps going up. Does it have that much power right now? I think what we have is that, I mean, you can see the copper markets getting hit pretty hard out here today. Yeah, I was going to mention that also. Yeah, I think it's off. And what, I would say what you have more than anything is that there's plenty of folks that are in the marketplace that haven't really been in a marketplace that rates continue to keep going up. And that may be getting more cognizant now with a lot more folks that are running money. Because everything does go down, you know, kind of what we're talking about, John, that I think everything is going to get reset. Like, so picture, I'm driving to work this morning and I'm saying to myself, well, wow, this is a real trip, right? I'm in this market. I'm in the real estate market. I know that I'm going to take a 20% hit. I mean, I'm good with it because I've consolidated so much. And thank God I moved some stuff out and I moved a huge amount out. But I'm laughing. I'm saying to myself, okay, I feel so lucky, folks. The reason I feel so lucky I've seen so many cycles. If I was 30 or even 45 or 50, it would be very hard for me to say, oh, yeah, everything's going to go down, man. Like because I can, I remember when I couldn't even understand why everything will go down. You know, so it, it to me right now, I have to keep going back to this deal that, you know, we're in a credit society and we're in a credit society, you're basically as you accumulate in assets, it's how much credit you have as you accumulate, right? And bottom line, when, when, when you get an asset, when you get rates going up, we all have less credit. So that has to bring the GDP down. I mean, I, I know how many people I employ and it's a huge amount of people. And we're kind of lucky because I stopped moving so quick last November. I've been moving since November and, you know, to now. And I get a whole new thing happening and we're going to be cool. But that's only because hopefully we're going to be cool. Let's put it that way. And that's only because I moved so quick. But if this was 30 years ago, it wouldn't have happened, man. I was like, hey, it's got to go up. What are you talking about? Everyone's going to live some way. You hear all the raps, man. It's, you know, and it just doesn't work that way. Do you know what I mean? So, well, you know, that point you made about when you bought that house in Southie, right? That I'm telling you, my friend, Bob McCarthy, I remember those three Deckers, you know, and like, you know, you said 14 percent interest, but it was only 14,000. Exactly. Exactly. You really nailed that, you know. And so, yeah, when we do these numbers today, like, see, the houses I sell today, the houses I sell today, the average is 960,000. I'm saying to myself, how do they even buy them? That's the bottom line. And, you know, and I've sold a lot of them. And I just sold another one three weeks ago, and I only have one left. And I don't care whether I rent it or sell it. But when you start talking that kind of money, it's like, what? Like, are you really going to pay even, you know, seven percent on that? That's a fortune, man. But I know, you know, I, I, I later moved to Boston. Yes. Um, for business back in 1977. I think it was 7577. And I rented a house. Yeah. And that house today is worth $975,000. I know. All right, listen, it's amazing, isn't it? It is. Thank you so much, Tom, for doing this show every day. Well, thanks for calling, man. Have a great one. We got to send you some white light. Get you good, get you good real quick. Man, thanks, John. Have a great one, man. Have a safe one. Bye-bye. Stay right there, folks. Come right back. 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 in 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 AM to 4 PM Eastern for free. 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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. Now, industry is up 55, we get the Nasdaq up 13, S&Ps are up 7.5, and the bottom line, folks, is that you get over there, you can have a failure in price, failure in volume inside these queues. We'll see where we stay with the spy. Right now, 282, 34 was the number. Right now, you're 281, 67, you get 59 million shares, and you're going into 94 million. We go and say, we look at the spy. What do we have with the spy out here? Spy right now is up 64 cents, and this is pretty wild, actually. 377, 377.94, yeah, you get a failure there, too. The bottom line is that you did 104, you're at 73. The thing that's intriguing about the spy now, the spy can't even hold the high of yesterday. You're going to have more volume. We're at 73 million, 76 was yesterday. The bottom line, folks, is that if you have the out of time of the trade and you take a look at building cause, this is building cause, and you're building cause for lower price, you're going to remember something. The market's all about energy, so the way that we had come down, I mean, this is fast, furious, all of the above, bottom line, you get these sideways moves. They're very dangerous, man. The sideways move, the first time that I caught on to cause, I'm going back, oh my god, that's like 1996, 7 or whatever, and it took me like three years to really understand it, because number one, I didn't have enough patience saying, what, it's going to build cause for six months before it goes anywhere? Well, once you really start to understand it, and you understand that six years, I mean, three months, five months, 10 months, none of that is that long, really, OK? And then you really start to understand that, oh man, OK, we're building cause. And once you're really, and realistically, you're looking at a lot of charts to really understand, OK, where are we building cause? To go up or to go down? Well, it has to do with where the volume is, but building cause is like working out. You work out, you work out, and then, boom, when you come into it, man, it's fast and furious. Have a great night, folks, have a safe night, come back and visit Tommy tomorrow morning, kicks us off at nine o'clock in the morning, send some white light out to John, we're gonna make him better in Michigan. It's a beautiful thing, have a great one, folks. Yeah, we'll get him.