 The following is a presentation of TFNN The TFNN Bull Bear trading hour every trading day live at 10 a.m. Eastern Call now toll free at 877-927-6648 or internationally at 727-873-7618 The TFNN Bull Bear trading hour Now Tommy and Tommy O'Brien Good morning everybody Tommy O'Brien coming in live from TFNN headquarters and Tom is not with us this morning But we're fortunate to have our man, Mr. Basil Chapman filling in Basil. Good morning. Good morning to you. How are you? I'm doing fantastic. How about yourself? I'm very well. I watched half hour of the marathon yesterday right here in Newton I was about to ask you. I'm sure I heard the weather was beautiful up there The morning I've never seen such storms on a marathon day before with the wind and the rain It just disappeared and it was a very nice 70 degrees up there, right? Yeah, maybe too hot for some of the runners, but I have to tell you so impressed with seeing Thousands of runners go by Whereas before you see a lot of people walking. They were very few walking a lot of people to running very well I was I was impressed with the stamina that people had and I could never do a marathon Yeah, I don't think I have one in my in me as well Quite a day, of course for Boston. I'm always jealous to be up there Patriots day marathon Monday Glad to hear it went well back to the markets positive starting Tuesday off We got a big day earnings Dow up 58 points trading 26,000 for 43 S&Ps right now up six points trading at 29 11 Nasdaq positive by 31 trading at 8,007 we've already got earnings Basil this morning from Bank of America United Health Johnson and Johnson tonight we get IBM After the bell we get Netflix big one, of course after the bell and to talk about it all We're gonna jump over to our man. Mr. Kevin Hinks from TD Ameritrade thinkorswim folks right after this program 11 a.m. Eastern time fast market They're gonna break down everything and man if you trade options you trade to find risk Get on over to TFNN hit that TD Ameritrade banner get an account open because man, this is a great time of year Kevin Hinks. Good morning Good morning Tommy. Good morning Basil. How we doing? We're doing great man. How are you doing? I'm good, you know just dissecting what happened in earnings already this morning getting ready for right really the signature Kind of a headline earnings release of the week and that's Netflix tonight. So should be pretty interesting We've been a lot of discussions the last week about Netflix and Apple's effect and Disney's effect on Netflix There's been a lot of talk of competition We'll see what the real numbers are in Netflix tonight, and it was interesting Kevin I don't know if you saw so you had Disney coming out right Hulu taking out AT&T's steak in In Hulu, so they're just Disney the majority stakeholder in Hulu now I believe you have Comcast with the minority share I was saying he may just take them out as well You can see them kind of consolidating that power, right? I really I woke up and I kind of smirked I said man They are not pausing in terms of I see that bundle coming down the line And I'm sure there may be some questions in the Netflix earnings call Talking about that whole scenario Yeah, we talked about this yesterday on the air You know the interest in Hulu is not just passing I think there's going to be something done pretty quickly with Hulu. You can see the Every all the tips being lined up pretty quickly here I think you're going to see some type of streaming service with Hulu pretty quickly In the news coming up. I think that that will be a discussion topic for Netflix earnings as well But yeah Hulu the news on Hulu seems to be moving quite quickly Yeah, I just you know in myself, so I have never subscribed to Hulu I know they have a variety of great programs on there the Disney plus plan probably geared towards families as even Disney admits But it'd be interesting to see of course Disney owns ESPN ESPN has the ESPN plus Then they have the Hulu if you package all three of them, man You'd have kids programming you'd have Hulu for the kind of intermediate regular programming and then you'd have ESPN plus for the sports Programming quite a lineup Right, and it sounds like you package all that relatively competitive thing out there And that's a pretty big package. You can order for a fairly reasonable price. I agree man. I agree So we get IBM as well this morning. We've already had United Health Johnson and Johnson Bank of America activity in United Health. Don't you think yeah, definitely, right? So pretty blowout number of the nice recovery this morning treated high as 39 and then a pretty dramatic Candle here from from about nine o'clock on where they took it down, you know now down Well, it's actually it's off. It blows Down just three quarters of a percent here, but we have pretty pretty substantial fell off there But but make no mistake some good numbers I just think there's uncertainty about the future of some of these healthcare companies and you know what uncertainty does to stock Yeah, quite a pullback man. Like you said almost 240 down to below 226 right out of the gate Quite a reaction for sure No, man, no we pulled the chart up on that TD Ameritrade platform man. It is a rocket ship to the downside Johnson and Johnson pretty cool action as well in terms of it trades higher up to about 730 in the morning Maybe almost reach in 140 goes back down to 130 75 and it goes the other way at the open from about 130 75 up to 145 interesting thing Kevin. I don't mean I mean they're legal costs right going through the roof which is hurting their earnings But maybe the market just seeing that as a temporary cost of doing business Exactly, you know, I think this market, you know, remember it was Johnson and Johnson that had that dramatic Catastrophic sell-off not while going to send it all out of these You know the stock is done has been fairly strong. Yes and said sell off So it'll be interesting to see, you know, they've got some headline risk, you know, Tommy So this is probably one that the volatility levels and the movement that they have will all be a little bigger than normal For sure. Yeah, I mean I just pulled that up on the charts pretty remarkable. So it coincides the the move began On December 14th They hit the low like a lot of other stocks on Christmas Eve 121 on the dot and This this morning. We were up to basically above 140. So quite a comeback from that level You know, like I said, everyone who trades Johnson and Johnson right now and look at it as an investment share legal That what everything that's going on with their lawsuit. So so tricky. It is managed just to jump over I pulled them up because folks they are staggering numbers on The legal side of things alone, let's see So they spent $423 million on litigation expenses during the first quarter on top of one point two nine billion During the fourth quarter. So that is quite a number and that's palm Basically the main reason why net income on the first quarter three point seven five billion down from four point three seven a Year earlier obviously hitting that and then we'll wrap it up with this morning Bank of America shares down a bit Kevin I mean quite a numbers as they they rise on profit six percent to seven point three billion But kind of continuing yesterday with the banks you got Bank of America down two point two three percent I'm looking at as of right now almost at session lows. Yeah, you know, unfortunately Tommy We spoke about this on the air The last couple days JP Morgan caused the whole sector to rally a lot of the upside move out of some of these banks Last Friday in the JP Morgan rally has kind of been tricky Like is even even though they're coming out with good numbers some of the stocks like Goldman yesterday Giving back some of the earnings that they had before and almost just like Johnson Johnson December 24th Man $22 Bank of America. It's still sitting at 29 quite a number folks right after this program Kevin Hanks Tom White the team fast market lots going on Netflix earnings tonight. Check it out Kevin Hanks Thanks so much for the update. We look forward to the program Thanks for having me on Tommy. Thank you Basil Basil and I will be right back folks. Stay tuned The Taz profile scanner is the most revolutionary piece of trading software that you will ever try Wouldn't you like to approach the markets with confidence as you begin your trading day? It's likely that you'll be faced with lots of decisions in order to make the best decision The first thing you'll need is a strategy that will help you minimize your risks Whether we're in a bull or bear market a good strategy is to have the tools needed to help you scan and analyze the markets Before you trade the Taz profile scanner instantly scans and filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve Dahl President of Taz market profile the Taz profile scanner Understands that in today's technological world the use of top-flight software applications automated trading algorithms and technical analysis expertise is Essential to successful trading in today's market whether you're looking at the trade matrix the ETF heat grid the market breadth the Landscape charts or the many other features of the Taz profile scanner This is a piece of software that will revolutionize how you look at the markets and set up your trades The team at Taz has even put together a 12 part video series to walk you through every aspect of the Taz profile scanner Which you can find directly on the Taz order page at tfnn.com sign up now for only $97 a month with the risk-free 30-day trial So you have nothing to lose and everything to gain see for yourself How you can harness the full power of the Taz profile scanner by visiting the front page of TFNN Dot-com today and you'll find the Taz profile scanner under the services section Remember with a 30-day money-back guarantee you have nothing to lose Don't let another day pass you by without trying out this amazing piece of software that will Revolutionize how you look at the market and how you place trades sign up today Many of our new listeners have heard about the Tigers den the Tigers den is a lively community where professional traders and investors can meet Exchange ideas and information in a comfortable moderated atmosphere hear all of the TFNN shows plus see all the charts as they happen Live and have access to archives of all of those charts You can test drive the Tigers den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your Money work for you details on the Tigers den on the front page of TFNN.com TFNN has launched our brand new website You can still visit us at the same TFNN.com URL But when you do you'll see a new and improved homepage with a much simpler navigation Whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions We even have new pricing in six months and yearly options Check out the new TFNN.com now and experience all the upgrades TFNN.com educating investors Call now toll-free at 1-877-927-6648 internationally at 727-873-7618 Folks Tommy O'Brien with Basil Chapman this morning we got markets in positive territory Dow up about 61 points currently S&P's in the positive by 7 NASDAQ in the positive by 39 a good half a percent in the NASDAQ so Basil Maybe if we could jump around to Netflix I had seen you had that chart up there and as Kevin said kind of the main Attraction for even this week with one of the fang stocks an important one nonetheless and I think it gets even more interesting That you just had Disney launch their service like we're talking about you just had Disney solidified power within Hulu Which would make sense if they really were gonna start packaging it So what do you what are you looking at when you're looking at Netflix? So if I was just to disregard the fact there was there was earnings this afternoon, okay I would look at Three things in a Netflix out of the fang stocks Netflix and I discussed this Earlier last year when I said that might the fang stocks that I'm look that's the Facebook Apple. I'm including Amazon That's Netflix and Google. I still call it Google. Yeah, it's alphabet Netflix was the one first of all, I've never really understood Netflix. So on a fundamental level, I'm I'm out of the loop there This seems to be a lot more complicated than People seem to assume there's a lot going on. So just looking at it price-wise. It went from 423 in June of last year to 231 yeah, so that's almost cut in half right and this is one of the really big cap Look at this chart from December of 2017 when it was trading in the hundred and seventies It goes up to the high of June of 2018 18 it goes to 423 Every single month had a higher peak So there was no there was no just I call it a floating letter in other words that letter E The fifth highest peak didn't make a peak until July And what happened was when it when it rebounded it rebounded about a half Maybe you could say six one eight retracement But what's important is that the technicals were not nearly as good as the other Fang stocks. This to me has been one of the weaker ones. So now I'm looking at it and I'm saying, okay in Terms of the V-shaped pattern that we've seen in so many places This is started a V-shaped pattern in the weekly chart and then a store underneath the last peak of importance Which was October the fifth the week of the fifth at three 86 It went to this peak C in the daily and the mag D is good Not anywhere as strong as it was even at the retracement level if you go back to that October level and the Stochastic was good at but now it's pulled back to 81% on a purely technical basis I would say that based on the visual evidence Three fifty three forty two is the low that was made yesterday If that's taken out in the next two days, that's not going to be very good for Netflix It's not gonna say it's breaking down It's just saying it's just not participating in the QQQ index 100 it's not participating in the fang area and it's going to remain weak because Obviously if I look at it the technicals are going to suggest that it just hasn't got the firepower to be able to Rally above the 380 level and that's going to be the clue I'm going to give it two weeks if in two weeks time it's trading above 380 I'm going to say that is really good action because all of a sudden that monthly chart is starting to to push to levels that make the magnet of 423 coming to place But I think it's got a lot of work and I I've got a feeling that it's still going to be very choppy in Netflix For a little while and it's going to probably trade between the 365 372 area and the three 348 maybe even retest 340 area for a little while longer I just don't think it's really just chart wise and the daily chart Well, we've seen it in Johnson and Johnson and Disney that the technicals were not that good and suddenly you got a news related upside spiral That's what it's going to take you to change it, but I just don't see it I think there's a lot of pressure on Netflix right now technically Yeah, I mean quite a run that it's had since that December 20. Was it December 24th? 231 to 379 very impressive. There's just a 40 that's that's what is that? It's about a 18 percent. It's a big rally Yeah, oh it's more It's uh, yeah, that's yeah, it's uh, it's uh, it's 120 130 bucks, right? Uh, like 50 percent Yeah, it's 50 percent. Sorry. Yes. Not bad. I know Right here to put to the least and just some of those numbers because the numbers are staggering too So they're going to be looking for quarterly revenue of let me zoom in this we'll get some bigger texts There we go quarterly revenue of 4.49 billion on diluted earnings of 56 cents a share They came in last year on 3.7 billion So quite a number that be increasing at 800 million on 3.7 on a year on year And the big number that they'll be looking for is about 8.9 million subscribers with uh, let's see Where were they about 1.6 million and domestic and international 7.3 million which is their big number Of course, it's also they're forward-looking. It's the outlook. I think that's going to be quite important Definitely because they did just um and to to bring that in what did just happen. They had to revise So originally let's see where we get Uh, they had to revise I was reading it come on Uh All right, they had to revise their Earnings just recently in january Um We'll pull it up. Yeah, so they they were at 89 cents a share at the end of 2018 has fallen And you had them revise so in january netflix pointed investors to a quarterly revenue of 4.49 or 56 cents a share Um, so they had to revise and and we'll see if they can turn that around for sure So what else are we looking at today basil? We got a lot. We have uh, you know I I think it's very important that we have to take into consideration the xlf, which is the financials. Oh, man, right? If you look at the xlf, which has You know a potpourri of financials. They call berkshire a financial doesn't matter. That's what's there. Um It's a 2709 up 12 cents right now I think it's holding pretty well and i'm looking at the weekly chart Remember, we were looking at netflix a moment ago almost the same chart in our legs see in the weekly chart Look how strong the mag d is here and look how strong the stochastic is This is very this is what you want to see in netflix. I didn't see that in the weekly chart It looked more like it was making an art formation that said, whoa It better hold support because it could this is a little different This is showing that even with bank of america I should mention we are long in the for my subscribers to my opening call we longed from much lower down And uh, it's pulling back 77 today, but you've got holding look at this You've in fact, I always do this when I show my charts here On my show the tiger technicians are always put a little flag pattern or rectangle formation When you've gapped up and you haven't taken out the left side low within two days That's very important because it says you could go sideways You could even have a little in a time shorter time period have a chaplain wave pd going inside That'll take you towards Or very close or just above the previous hind that could be behind the xlf of 27 33 I'm impressed at the action so far today. Okay, and of course earnings yesterday and the banks to kick things off We had bank of america this morning. I believe we get morgan stanley tomorrow So we'll have lots of action in that banking market to come Folks bashing out of you back in three minutes dows up 53 s and p is positive by five nasdaq positive 33 33 come on back Hi folks tom o' brian here If you'd like to get my daily newsletter market insights, then now is a great time to sign up for a 30 day free trial Every morning by 9 30 I send out my morning letter to subscribers with market commentary on a variety of markets currencies and commodities To keep investors up to date on the day's trading action included in market insights our specific buy and sell recommendations For stocks ETFs and even options with stops and price targets included for every trade in my newsletter If you'd like to try my newsletter risk free for 30 days Then head over to the front page of tfnn and you'll find market insights under trading newsletters I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information They need to know for the day ahead I even issue afternoon updates for my subscribers whenever warranted with important market action I'm always scouring the market for the next great trading opportunity Sign up for your 30 day free trial to my daily newsletter market insights today by visiting the front page of tfnn.com Go get them folks The path of least resistance is david white's daily trading newsletter And if you're looking for active trading ideas, then now is a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter Using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted Don't miss out on this great chance to get a 30 day free trial to david's daily newsletter The path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently And if you'd like to see the type of newsletter he delivers every morning Then visit the front page of tfnn and you'll find the path of least resistance under trading newsletters For all the details and to start your 30 day free trial today log on to tfnn.com now 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 abc's 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 Back folks. I'm tom o'brien joined by basal Chapman this morning We got markets hanging onto positive territory so far dial up about 60 s and p's positive by five NASDAQ positive by 33 and basil. I saw you breaking down some of those banks over the break Uh, you want to share with what uh with me and the viewers what we got going on? I see morgan stanley up there tomorrow. We had jay b. Morgan had really excellent everything. Yeah So, um, that kind of set the pace to to be able to I think Kevin mentioned it So it allowed the xlf to bounce I'm impressed That the xlf is holding as well as it is it has very much. I'm going to do this in a moment Let me move this out the way. I just did morgan stanley the chapmaid methodology Notation so xlf. I'll show the chart on the left. There's that little flag pattern I'm going to expand that so you can see it better And that's now keep your eye on the left side chart. Yeah, cut this the date He's in the left. Okay is the weekly on the right. Here's the monthly now. We're going to get j JP morgan jpm there it goes and you see the little flag pattern a little gap up Definitely leg b and that's really very positive and that's suggesting that Maybe you have to fill the gap in first But it does suggest that 112 it's at 110 24 right now But the 112 is probably going to be tested sometime fairly soon But what's really important about it is if you look at the monthly chart It has one of the better monthly charts because it made a double top Pull back very I've got a theory that goes with this u-shaped pattern with a double top And it did pull back to about 91 announced at 110 and it's getting closer and closer to really important This line right here is going to become a magnet if it's able to touch the 112 That's right where this trend line is then the previous high um at 119 24 and the first one was back in february of 119 33 Isn't very interesting. How does a chart know to go eight months and then miss making a new high by pennies right and then pull back so sharp I've always been if It's absolutely a fascinating thing to look at chart formations and try to understand how in a rising trend line You've got highs that hit a certain level and then pull back and then they hit the bottom trend line And then they start to move up as if the pattern knows that it's in like a glass tube going up You know, you can understand a fund manager Recalling exactly a horizontal level. Oh, it made a high of 119 and keep that in mind But 119 then 117 then 115. How do you do that? So the channel to me always implies that there's a certain momentum once the prices start to rise There's a certain emotional momentum that allows it to grow up until it gets overboard and then come back to oversold And that's a rising trend line. It's like a tide so that the boat doesn't know That at low tide it's at one level and at high tide. It's at another level But it does that and it's still at the bottom of it's still It's on top of the water yet. It's now maybe three feet higher So it's the same sort of things like the tide if you can understand the tides I'm looking at this and I'm saying the tide is suggesting that JP Morgan should go higher It should test the very next resistance is up in the 112 90s And if it breaks that then it's kind of open to the 115 then 119 Areas so the very important thing now over the next three weeks is to hold It's 110 it should hold 105 to 104 support regardless of what happens in the market So I I think the banks are they've done things correctly The market is not really appreciating exactly what they've done But as when you think of the banks now to the banks in 2008, it's just a completely different scenario. Yeah Yeah No, uh, and hopefully taken 2008 that type of scenario out of the equation completely mean a little bit better capitalized to say the least Absolutely So there's a mention in the dent about gold. So we might want to be looking at gold now We better get there. It's having quite a day right to the downside. Yeah, it's down. It's 13 points 12 78 But what's really important for me is you see this? I've got a dash trend line right here Okay, and that's the weekly we're looking at. Yes. Okay, but I have to change a little bit because this is a continuous contract Continuous contract means that the price will change not the patterns But because it gets smoothed out the price gets changed So that says that on this on the basis of this expanding rising wedge The 12 70 level is going to be absolutely imperative to hold if it closes Not hits it, but as if it closes on friday under that That means that gold could have a deeper correction So I'm gonna be watching this close the end for for us We've been along the dollar for about a year now and it's not rising in proportion to what gold is going down Yeah, this is this is very interesting. So all of a sudden you've got some it's holding well But it's not at this particular point with gold having pulled back 30 40 dollars over a couple of days um, the dollar should be not it's 97 the dollar index should be 97 40 or 97 60. Yeah, so I'm watching this very closely Yeah, definitely an interesting move on gold and um, like you said, I've got the same thing basil I jumped over to the dollar assuming maybe I saw the gold chart first and I said to myself Oh, I wonder if the dollar really spiked higher. Um, and it was not there not the type of move that would correlate Um to drill things down. I mean even since yesterday Uh, one o'clock in the afternoon yesterday I was sitting at 12 92 gold and then the sell-off really began at about 8 20 this morning We went from 12 87 down to a low of 12 76 by 9 30 and just kind of hanging out at these 12 78 levels since then So I mentioned to your dad the other day when he was interviewing me I said, Tom, you know, look, you know We might have to be actually I started talking about this a little while back I said we might have to be looking at compartmentalization That the relationships are slightly different now to what they've been Usually you get the counterpoint in gold and the dollar one goes up the other one usually goes down Not not percentage wise but in direction. Yes But for the first time in a while One of the things that I always talk about is that every every year maybe for four to six weeks at a time You'll get a period where gold and the dollar might be moving in the same direction But it's just really just short term and it's not a big move But they might both go down at the same time a majority of the days of the week Uh, but that's usually brief. Otherwise they're going in counterpoint So that's it to me that we might be looking at gold In a different way Then we had for me anyway. Yes. I always thought gold is really a factor. It's a fear factor So that when we saw gold moving higher, but the gold stocks weren't That's it to me This is countries using gold as leverage for something When I looked at the dollar and even the gold was moving higher at some point The dollar was holding very well. I said, you know what my thinking is that gold the dollar is reflecting The international view of currencies You remember back in the 80s. Well, you probably don't remember back back in the 80s when I might Japanese was selling to yotas and and we were just importing and importing import And their quality was getting better and better and we were just buying Japanese everything The yen was getting higher stronger and stronger as if the the world's countries were looking at japan as an economic Bellwether and therefore the currency did well and I thought the same thing here with the dollar the dollar is Representing our economy. Hey, maybe the dollar's saying we might be slipping a little bit here. I'm not sure But that's what I mean by comp. There was a lot of variables. I agree and there's a lot of variables Eventually they have to move a little bit inversely because of how they're priced But that doesn't mean that other variables. I kind of agree in a short term basis Folks come on back. Bells and I can finish this conversation If you're in the cd market and looking for a secure investment the tiger first mortgage program may work for you The security for these first mortgages are building lots in the tax opportunity zone in st. Petersburg, florida The tax act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax On the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 The interest paid is 7% yearly paid on a monthly basis According to bankrate.com the best rate for a four-year cd in the country as of february 20th is 3.1 percent A $50,000 investment at a normal four-year cd rate of 3.1 percent would give you income of 1,550 per year or 6,200 over the four-year period that same $50,000 investment in the tiger first mortgage program Would you give you 3,500 per year or 14,000 over the four years? What should you prefer 6,200 or 14,000 of interest on your investment? If you'd like more information about the tiger first mortgage program, you can call me at 877-518-9190 That's 877-518-9190 If you haven't checked out the newsletters page of tfnn.com What are you waiting for all of the tfnn newsletters are informative up to date affordable And it must have for every trader looking to gain a competitive informational edge in today's markets tfnn newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks bonds metals commodities and tech There's a newsletter to fit your needs exclusively from tfnn Stay informed each day you trade and get the competitive edge that will help you stay ahead of the game Visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com 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 and p biotech three times bull and bear etfs Visit direction investments dot com slash biotech today An investor should consider the investment objectives risks charges and expenses of the direction chairs 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 chairs 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 Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com and hit watch tiger tv. That's tfnn.com and hit watch tiger tv for the latest market information Back folks we get the doubt 38 points currently s and p's positive by five nasdaq positive by 31 So why not basil? I see you jumping around the energy complex with some oil up there quite another mover and shaker So, um, do you have anything that you're looking at for we already passed 10 30 But was there something that you were going to be looking at specifically? No, so we get into the oil inventory numbers tomorrow 10 30 natural gas is on thursday My mind's kind of waiting for that netflix number pretty interesting You know myself basil i'm a big fan of netflix So it's interesting the the fundamental just kind of you were saying the the anecdotal take of things You know you're not so you've never signed up Viewed netflix as a customer yourself. Yeah, I do have netflix Okay, and i'm i'm always a little dissatisfied because this stuff that i'd like to i'd like to like my wife always says Pick a foreign film So when she says that it usually means some kind of Some kind of film that has a different genre to what you'd normally see in in Uh, say an american movie sure so I look and I it's hard for me to scroll through and get on Jesus finally find it But yes, I do use netflix But I have a bunch of things that we never use and I even hulu my my son I think gave it to us as a president once okay, and I think I try to do this and do that Of course in 1998, uh, sony television didn't find a just to it And I just it was sitting and eventually he took it So, um I'm kind of out of the loop and that's no that's the interesting part of it is in nobody has time for all of the streaming services Right, so there's gonna be winners. Yeah, I've got I've got so many add-ons that i'm saying do I need all the stuff I don't even look at it And I think a lot of being you know cutting the cord in the consumer report for for a year now They've had different uh months where they've actually spent a lot of time on cutting the cord from your cable I think that this is a very interesting era if you put this together um, it's the time of 90 and I did my webinar, uh, two weeks ago on on the the The compatibility of what what's happening now the similarity between the 1920s You know in the 1920s you had color Colored movies just came in first there was movies then color movies and talking movies And you also got um a lot of conflict yet rca There was there were a lot of things going on. There was the movie industry which felt it was in trouble Little did they know that yeah, they would be in trouble, but they'd still survive But it was a very and then of course the depression came along and people had to stay home because there wasn't much else to do So they were looking at um They were looking at uh, they went to the movies and then television came along This era is exactly like that eventually we're going to have just Three like you got general motors ford and chrysler So we're going to get three and eventually maybe you'll get one and then Uh, and elizabeth warren will come along to want to strip them up one does not work Nothing changes. Yeah, you know one thing. I don't know if you've ever seen the series basil on cnn They have like the 80s. They have the 90s. They do decades. I think they had the 70s So it's documentary style and um, I believe it was in the 80s and they talked about the vcr And how the studios, um launched a huge legal battle to to argue that it was basically an illegal product Right taping their products to allow that to happen. Um, they lost that thankfully And um little been to them though that turned out to be the best thing that could have happened because it took off in terms of Rentals for the movies and this whole industry that they hadn't even factored in just kind of pointing to the fact that uh We all can't kind of anticipate how the world can change when you throw technology in theirs And they thought it was going to doom them. Nonetheless, it launched, um, basically everything after you know, um Because of many other concurrent events and of course the depression was very important because that made entertainment absolutely necessary people had to line up to go out To spend their pennies or whatever it was because they needed that relief that entertainment. That's all they had This is the same thing, but in a very different way because it's all at in your home So there's there's a big difference and I always think of this as I know I've got tapes and recordings when I was a professional musician I've got Done. I got like maybe a hundred and something cassette tapes alone. Let alone the old real to real Of performance and stuff. I've never really taken the trouble to Put them on to whatever the medium is right now. It's a big effort to do that and I haven't done So I'm thinking this is going to be very interesting in a hundred and fifty two hundred three hundred four hundred years Oh my god Are we going to have are we going to have a missing era? Because the digital stuff from the transition to the different medium Just kind of left a whole bunch of written material gone What happens to the written material that lasted thousands and thousands in the dead sea scrolls? What do you do? How do you view that electronically? Maybe in space to have Someone searching for amazons going to own it all on the cloud basil. They'll save it all in service for everybody Jeff basis, but it's just interesting to think of it in the context of historical Oh, it's amazing and when you start talking about that time I mean it's amazing where we'll be in 50 years on a world scale technology wise flying cars Automated self-driving flying cars let alone 100 200 years I always think of Mozart. What would Mozart do today? Well, you know, what's interesting is technology gets to the point where you press a button and it works So even a Mozart Could theoretically work on a computer after a few seconds because you know, you got your buttons You press it. You don't have to know the incredible Cycle that went through to get to that point, but it gets there. So I'm looking at crudor Let's go for it. Yeah, crudor has held very well And I think it's important that crude oil Actually holds well because I think it's part of our economy We I personally I like to see not crudor screaming to the upside but up in the in the 58 to 65 area 66 I think it's kind of good and that's where we are right now We're 63 57 and the Georgia period moving average in the weekly chart is at 6507 I suspect we could bounce a little over that a little under that So I think crudor is holding very well, and I suspect it's getting to Holds for a little while longer. I think that's important And you were talking about natural gas now. That's not not my forte at all because natural gas has not held very well on the vice versa And and would you have thought that six months ago with those terrible every news report had? Midwest 55 inches of snow and you wouldn't have thought that and look at this natural gas It goes from almost five dollars four dollars and What is that 4.87 to back in november? And now it's trading at two dollars And 58 cents and it almost hasn't even slowed down right? I mean you look at that weekly It's been a slow steady decline a couple pops in there. I see but pretty much every single week, especially Lately going back a month or two. It's just been steady declines And this has got a pattern in the weekly chart that I I call the Eiffel tower Where it goes straight up and straight down. Look at this. You'll see it right here in the weekly chart See this big a look at this pattern right here. That's straight up straight down parabolic in a dramatic way. Yeah So i'm not sure what is telling us other than this season. There must have been a glut of natural gas Yeah, you know one of the things I think basil we break it down. I think um like the normal Some inventory levels are actually below where they usually are Which is what given has given some people I think some time to be a little bullish, but every single week it just trades lower just fails. Yeah, it does All right, folks, basil. I'll be right back. We got markets hanging in positive territory dow up 38 points S&P positive by just two now nasdaq positive by 21. We're back in three minutes. Come on back I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers share If you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done Which is how to time the markets I'm steve rhodes author of mastering probability and for the last 12 months Timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the s&p 500 for the last 12 Six and three months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the Best at what I do sign up for mastering probability today by clicking on the newsletter tab on the home page of tfn.com And get immediate access to workshops where I take you step by step How to use an extraordinary set of tools as well as provide great market calls to sign up today It's amazing to think that tom o bryan started his weekly gold report 17 years ago with the first issue published April 7th, 2002 when gold was trading at under $300 per ounce gold peaked at more than $1900 in 2011 and after spending many years consolidating at lower prices gold may be poised for its next big run tom o bryan publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xa u hui gdx the dollar bonds south african rand as well as 25 different mining equities with specific buy sell recommendations As of april 1st of this year the gold report currently has eight active positions with an average unrealized profit of almost eight percent for each open trade new subscribers get a 30 day money back guarantee So you have nothing to risk for all the details and to start your gold report subscription today Visit the front page of tfn.com. Don't let gold's next big run pass you by sign up today Since 1984 basal Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion While originally hand drawing charts from the late 1970s into the 1980s Basal noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply Later basal found that computer software, which included the standard market technical indicators Enhanced the degree of accuracy in calling price turns as well as market trend calls Thus was born the Chapman wave sequence Using the Chapman wave methodology along with other indicators basal Chapman advises his subscribers of his expert market opinion Each market day with his opening call newsletter right now You can get a two week free trial to the opening call basal's daily trading newsletter by visiting the front page of tfn Dot com cancel at any time during that trial and pay absolutely nothing Get your two week free trial to basal's newsletter the opening call 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. We got the dowel 41 s and p is positive by three nasdaq positive by 22 Basal real briefly in the final segment here. You had mentioned that archive workshop You did a couple weeks ago just earlier this month april third I have up here the page That subscribers to the opening call gain access to with some of your archive webinars Hour and a half long and you can see the archives in here folks If you sign up for the opening call and encourage you basal's awesome daily service You gain access to those archive workshops including the one back in december as well and then october So three 90 minute workshops and then of course basal's opening call service and basal just talking real briefly about that workshop You did a couple weeks ago that subscribers can gain access to um and what you talked about in there So it was a workshop that I was basically talking about what I expected for 2018 2019 I think 19 and 20 right so we know did I mean We're there time is moving quickly about it's amazing. I know believe me it is So 2019 2020 what I was anticipating the charge formations what sectors I thought would be participants We already for my opening call subscribers. We're already in some of those sectors Uh, what we're looking at is certain period in time that says Uh, there should be a catch up in the weaker sectors We're trying to identify those and there should be leadership in sectors that were leaders before And there should be something new and we're looking for what's new So that's what I do and and there was a relationship as I said earlier on between the 1920s and the period now And where I think we're headed so it was a very important period is one of perhaps one of the most important Uh webinars because I discussed things that I've kind of held back for a long time Waiting for the correct time and I think the timing was right Perfect. Well folks check it out right under newsletters the opening call He's got a great webinar just from a couple weeks lots of action in there And you gain immediate access to that on top of basil's awesome daily service basil always a pleasure to do the program with you I appreciate you joining me this morning. Thank you so much. And of course we look forward to the show at noon eastern time Folks stay tuned fast market coming up right now basil at noon live programming all day. Have a great tuesday