 Okay folks, I'm Larry Passe vento for TFN and I'm revering you we got markets are strong again today not a big surprise this is the ninth week up in a tremendous move I've talked about the Dow Jones being up here on this 38,000 level for about two and a half three weeks right now and we're still there 37,843 Nasdaq has made new highs the Dow Jones has not quite made new highs yet the Nasdaq has and so has the S&P since that high of the 13th of December and then of course we're now into the zone the last trading days of the year and then we'll come into January where we're going to be looking at some very interesting cycles that will be unwinding maybe this is a time when the market just never looks back and they'll never be another down day in the market that's only happened one other time before and that was in 462 BC when the Egyptians were trading against the Polynesians anyway we'll be watching it very closely the gold is down a couple of bucks well actually it's still up on the day was backed off a little bit from where it was crude oil we've been very bullish that over the last three or four days and we've broken above the $75 level now which means we're probably heading towards at least 78 and maybe even as high as $80 a barrel much of that will depend on what's going on in the Red Sea area where they're having all this stuff with the pirates and day by day broadcasting of what's going on I just look at the charts and try to figure out what direction you know we're headed up today's guest on trade what you see will be none of the Norm Winsky of Astro 10's he'll be talking to us about some of these cycles that we'll be looking at very very shortly but this will be a it's still a thin week however the stock traders they're more probably more volume than it will be in the commodity markets because of people you know leveling out buy sells for their P&S statements at the end of the year but for the commodities it really doesn't doesn't make any any difference at all but keep an eye on that 38,000 in the Dow Jones because we close above that that would tell us that that's it's doing something that it's never done before and that does happen so you've got to be prepared for it I have not traded from the short side on this for the last oh five or six days because of the last the last time we had back there in the S&P was a pretty good move it dropped about 90 handles and then came back let's take a break folks 877-927-6648