 It's a 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 Phil in Puerto Rico. Hey Phil, what's going on? Hey Tom, doing great. Just wanted to thank you guys and the whole crew, the best content on the internet. Really appreciate everything you guys are doing. We appreciate you growling a problem with us out here. Phil, how did you find us? I just typed in live trading on YouTube one morning. Cool. I was looking for any type of live trading room you guys came up in. Awesome. Kind of quality when I see it, or at least I like to think so. I mean you guys are just a dream. I appreciate everything you guys do. Welcome to the Tiger film. We appreciate you growling a problem with us. My pleasure. Now, Tom O'Brien. Well, welcome folks. This is Tom O'Brien of 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 growth. Hope everyone's having a great day, safe day. Let's make it a great night folks. Let's take a look at one of our four agreements. Be impeccable with your word. Replace fear with love. The human mind is like a fertile ground with seeds that continually being planted. When you're impeccable with your word, your mind is no longer a fertile ground for words that come from fear. Your mind is only fertile for the words that come from love. You need to live in love or live a fair, folks. I've done both. Living in love is a lot easier. Knock it wise. Let's take a look at it out here. We have the Dow. Industrial's down $5.92. Nasdaq's off $3.78. S&P's off $8.88. Gold contract up $2.30. Traded $18.98 an ounce. You got Silver down $0.19. $23.47 an ounce. Light sweet crude up $2.89. $1.01.43 a barrel. Notes and bonds. You get the 10-year note. Trading up $13.00 ticks at $120.00. Flat, $30.00 a year up $27.00 at $142.00, $12.00. $Kingdollars up $568.00. Trading $102.00, $320.00. Kingdollars really close to that high, folks. The Kingdollars going after this $102.00, $979.00 area. And, you know, the way interest rate structure goes, man, the bottom line, how do they push those bonds? The more the dollar's going to get stronger against all other currencies. Euros at $106.00, the interest rate at $127.61 and the British pound is at $125.00 to $1.00 U.S. dollar. iPhone number's 877-927-6648. Give us a call, folks. Want to know what's going on in your world. And the world of TFNN. Let's get over to our man, Mr. Dave Mazza. Dave, folks, is the head of product at Direction. Also a managing director. And let me tell you something, folks. You've got to be protecting yourself, because this is a rough market. Dave Mazza, how you doing? We'll get him. One second. I see you, Dave. One second. Your voice. You got him, Al? Can you hear me? I got you, brother. Awesome, man. So, Dave, first off, thank you for coming on. We have quite a market here. And, you know, the bottom line is that it's been a one-way market on the way down. And I mean, you know, as you come over to our website, folks, the Direction banner's right there. You can hit that banner. And you can take a look at the different types of products that, you know, Direction has. We haven't had a market like this in quite a while, Dave. Yeah, you're exactly right. And look, I think one of the last times I was on, you were talking about sort of the ABC structure. Yes. That we were seeing with the S&P 500. I mean, has that not played out? Bottom line, so kudos to that call. But bottom line is that this market is having a hard time finding some footing. And I think what's interesting is that financial conditions, which is a measure of, you know, credit spreads, equity markets, what's happening with the Fed, you know, to try to quantify all that really aren't yet at a stress point. So, you know, I think when you're hearing calls for a further correction of seven, eight, maybe 10%, it's not implausible. So I think this environment is one where people have to stay nimble. And particularly just today, you know, the inflows that we're seeing into SPDN, which is our inverse 1x fund for the S&P 500, which is kind of that direct hedging pool, are really high. You know, again, logical people want to take some risk off the table. But I think it's hard directionally to identify sort of what areas in the market are going to do well going forward, which is I think why we're starting to see with fears of 50 basis points, maybe 75 rate hikes, people just taking their chips off the table and waiting until we get to this Fed, this May meeting. And in the meantime, dealing with all these earnings that are coming out. There's no doubt. And when Dave was just talking about that one-to-one ETF folks on the S&P, this is something that you really want to understand. What happens is that, you know, you don't have to hedge your whole portfolio, but what happens, you know, let's say whether it's 50,000, 100,000, 200,000, you can say that, okay, even on a daily basis, you're going delta-neutral. That's my point more than anything, folks, okay? And that, you don't want to make sure you understand what you're doing, but the fact of the matter is a delta-neutral strategy right now is not bad. I mean, you can do that as an insurance policy. That's what it really comes down to. Yeah. No, it's a great way to put it. The other interesting thing I'll say is that, and someone used this conversation earlier today, you're going long to go short in this particular case. To your point, if you have, most people are generally net long, right? Yes. Particularly for trading. And it's a way where I can maybe continue to have the positions I want to have on, whether they're individual stocks or just the broad-based index, and kind of use part of my portfolio to hedge out some risk. And that tool, and giving you that one-to-one inverse exposure on it, again, it's still a daily product. People need to understand that. But to give you that kind of daily hedge can be pretty effective because, yeah, like I said, it's hard to read the tea leaves in this particular market because just the number one, all the uncertainty that exists geopolitically coupled with these macro headwinds that we're facing and what the Fed may do, and earnings have been good. Right. Net-net, but maybe not good enough really to get that confidence back. We'll see, again, I mean, ask anyone, this week's going to be super important with Alphabet tonight, Amazon, Apple later in the week. And frankly, if they're not shooting the lights out, I think that the negative momentum and the bears are going to kind of continue to be in charge here, at least until we get to that Fed meeting. No, there's no doubt. Now, I want to change gears on you, and I'm not sure whether you can speak about this, but if we could just speak about that. There's been a lot of articles out, actually, that Direction is going to beat the other two larger funds with ETFs and leverage ETFs inside of the Bitcoin market. Well, they may, okay, because the bottom line is, so is this something you can talk about on the air, maybe? Yes. So we filed for a fund that effectively would offer the inverse exposure to Bitcoin, can't speak to if that is going to be available or when that's going to be available. But a similar idea, and I think in this market, it's been difficult to find anything to hold up well. Yes. Bitcoin has been challenged. Right. Oil is obviously having a bit of a better today, but there's been days where commodities have been whacked just alongside of that. Oh, yeah. So what we're thinking of is continuing to provide tools really for tactical traders to either have that ability to outperform, but also increasingly trying to bring tools for people to kind of hedge their portfolio. Right. And this would be one of those similar to kind of, we talked about SPDN. So traders, you know, stay nimble, but stay active because it's going to be kind of, I think, rock sailing at least for the next couple of weeks. No, exactly. And listen, congratulations because that was a great move and we're going to get this explained on the air because pretty cool, man, really cool. You have a great one, a safe one, Dave. We look forward to speaking to two weeks from yesterday. Thank you. Have a great one. Have a safe one. Stay right there, folks. We'll come right back. 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. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com. TFNN, educating investors. What's separating you from the most successful men and women on Wall Street? That's right, information. 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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 a.m. to 4.00 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. At TFNN, Educating Investors. Toll Free at 1-877-927-6648 internationally at 727-873-7618 Welcome back, folks. Dow, Dow Industries right now down 718. You get the NASDAQ off 448. S&Ps are off 107. And I don't want to be the bearer of bad news, folks, but you get another intraday ABC structure on the way down. You're blowing away the B point. You're blowing away with volume. You're blowing up another 50 points down the S&P. So we'll see if this shakes out in the next 40 minutes. But that's what we're doing right now. You're blowing this thing away. That's saying the price projection there is $41.25. We go to the NQs. I didn't do the NQs yet, but I'm more than likely that you normally don't get one and the other one is going to follow through. Okay, so same setup here. Oh, man, this is intense. Okay, so this one here you're talking about 530. No, you're talking about a 434A to B. That's going to get you 2,800. No, 12,800. Yeah, you're at 13,065. This is fast and furious, man. Protect yourself the best you can, because this is not, you know, these, picture this, folks, these rates, the rates themselves, you can see that the bond market's not even moving, man, and you're down like big. Let's get over to our mammoth to Basil Chapman as you do each and every Tuesday at 20 past the hour. And don't forget, folks, Basil has an outstanding show here every trading day. 10 to 11 Eastern Standard Time also has a great newsletter, the opening call. Now, it's very easy to get the opening call, folks. You come over to our website at TFNN, and you're going to see this right under, sorry, you're going to see it right under featured content. You just hit that button and you are off to the races and you'll understand how this market works. Basil Chapman, how you doing? Well, off to the races. I'm not sure what would be cool. This one, this is on the race downhill, slow. It is. This is a bobsled going downtown, man. It is. And what's really interesting is, I'd shown this chart to subscribers this morning and I said, we're going to have to watch this. Let me see if I can find a chart. I know exactly what you said because I was driving and what Basil said, folks, and remember, this program's archived, well, this program's archived because he was given it 90 minutes. I was cracking up, Basil, and you said, I'm giving this down 90 minutes with that price and unfortunately it broke it, right? Yeah. And basically what I was saying is that the pattern of the candles of the 24th of January. Yes. The candle of the 24th of February and yesterday's candle, and I'll just see if I can do this. I'll make it a little bit bigger. Yeah. So basically what we're looking at is that the candle I call, the Chapman Way of Roman candle that is in there. Oh, I don't even want to talk about it. In the S&P monthly chart, but it's red. When it's green and at lows, you can get a really strong rally, which is what we got on the 24th of January. You see this big green candle where we've got a tiny little wick, a long wick at the bottom and then it closes a half to two thirds of the low. And then we got the rally from $32,150 to $35,824 and then it plunged again and made us exactly the same candle on the 24th of February called Chapman Way of Roman candle. A tiny little wick, a long body, but a green one and the rule of thumb is how quickly it can close above the left side high. And look what happened. Eventually it went to the high of $35,372. Peak D pulls back. Made that Thursday, I think it was this last Thursday, big spike to $35,492 and plummeted down. And then yesterday we had the same candle, but three times in a row without great success. I say to subscribers, we've got to be, we actually went along yesterday morning. It was this morning for a profit. And I said, let me, I can take this away now. And then I said, if there is a move below the, and this is what you were talking about, below $35,590. Yes. That holds for about 90 minutes. Watch out because we could test the low of the day. Well, the low so far today, $33,312. Yesterday's low was $3,323. So that's exactly what we did. You were talking about the closing bell. And immediately after that we have, does Microsoft, I don't know Google, but does Microsoft also announce straight away? They do. It's literally within seconds. You'll see Microsoft and Google come out with it. And of course, what ends up happening folks, the futures are open for another 15 minutes. Yeah. So it's going to affect the market for sure. And because the futures are open, that's very different to if you have this overnight slump or big move up. And then by the morning, anything can happen by the time the market opens. But when this, when you got 15 minutes, it's a lifetime 15 minutes. So the question I was getting through this morning is, for me, this is for my subscribers, this is one of our biggest cash positions we've had in a very long time. We have very few long positions. The latest ones that we have are actually holding quite nicely even in this market right now. But what I wanted to do is to show them that if the XLP, which is the S&P Select Staples, starts to fall here, that's been the leader because there's defensive, not defense like Raytheon or Rocky Mott, but defensive, Procter & Gamble, et cetera. If you lose that, so that's the one thing. So I'm a little worried on that. That bias is to say we've had support, but now you're getting fewer and fewer sectors that we had the support of the finance, the oil, the chevrons of the world helping the Dow. But all of a sudden, we might lose that. So the reason why I went through some of the Microsoft and Google this morning is the chart pattern, they're on the cusp. You always talk about ICE. We're on ICE. I mean, 270 round number on the 8th of March for Microsoft goes to a peak D. That's what we're always looking for in the Chapman wave for a buy mode. And then it plunges, it comes down. And yesterday there was 270.77. So the thinking that I had was if Microsoft announces good news and maybe they say they're buying back whatever number of shares and it helps. I don't know what they can say about the outlook and that's really the big issue right now. And Google, they're going to have to come up with something absolutely amazing. And Google's the same thing. Look at the chart, this arch formation. Look at that. We broke it. This is the generation that I always talk about. Yes. So all I'm saying is that I've been saying for weeks and weeks, raise cash, have cash handy. This is a market that is highly vulnerable. We have found really nice stocks in the good, short-term, good percentage gains. But I can't, I don't see anything right now that I can feel, I can lash onto and say, hey, I don't care if it pulls back 6% or 8%, but things can fall 15% to 20% here because we saw that in the huge big caps. So while looking out, I think so far I'm still in the camp that says we've used up a tremendous amount of time. I mean, if you look at the Dow, it's been in a consolidation with all the bad news that's going on when you go from 36, let's go to 37,000 down to 32,000. We're just, you know, at 33,000, 350, we're still in the range. So the whole thing is if we've usurped time rather than price, because under these conditions, you'd say I can understand if the market was down 18% or 20%, we aren't there yet. So far it's held well. This is going to be a key. Do we see Microsoft and Google and Amazon and Apple this week save the day and at least use time rather than price? Get that life jacket out. The real question is, who has that life jacket, man? No doubt. You have to be careful right now, yes. You have a great one. The safe one, Bazzy. We look forward to your show tomorrow. Thank you, Tom. You too. Thank you. Stay right there. Folks will come right back. The gold market has taken off topside in a large way. 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, the XAU, 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. When you join our community of traders, in the Tigers Den, 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 Tigris as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tigers Den 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. FNN is excited about our new software charting program, the Art of Timing the Trade Chart. 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 guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade chart 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. Dow. Dow Industries right now down $700. Nasdaq is off $447. S&Ps are off $103. So, we've got to go to Google. We've got to go to Microsoft to see how these babies are performing. So, what's intriguing here is that Google on a daily is not that bad, meaning that we came down hard, meaning you came down, you came down into this 2382 area three days ago, and you're getting less volume. That being said, though, guess what? I'm going with the ABC structure on the way down, folks, because it's a confirmed ABC structure on the way down. You broke the B point, you broke it with volume. That's saying lower prices are coming at us. So, that's my take on what Google's going to do after the close. Now, yesterday, looking at Microsoft, it looked like Microsoft could bounce a bit. Now, Microsoft, no doubt coming into its low. That being said, though, you are coming in with some juice here. So, if I take this, put this. Yeah, this is not cool, man. Yeah, I think, you know what? I think this is going to be a disaster. You got 270. We hit 270106, and you haven't hit 270. See, this is a problem. Well, we'll see what ends up happening after the close, but I want to show you something here. You get a high volume low at 270. We got down to, thus far, 270.77. Well, guess what? That's not 270. And the way this is set up is like, are you kidding me, man? You can jump the creek, and if you jump the creek, this is going to be a real problem big time. Tesla. So, Tesla, guess what? Good old Elon, the bottom line is that he got the deal done. That being said, his shareholders don't like it, man. Look at this sale, man. $39 million, it blew away everything. $39 million shares today, down $111, and Tesla has a high volume low laying out at $700. And my take is that's where this is going. What's going to be intriguing about the takeover of Twitter is that my take, number one, is that, you know, he paid way too much for it, because what happens, pitchless, we're in the down market. He just, Twitter's the only stock that's up, right? So, he overpaid for the deal, and simultaneously no one, well, the bankers know exactly what he's doing with his shares. Realistically, he's probably getting one-third margin on his shares. I don't think the banks would give him 50. If they give him 50 on his shares, man, the banks, he's going to be in trouble. But that's where he came up with the money. That being said, when you take a look at Tesla, so watch this, because if you don't hold the $700 on Tesla, this gets pretty dicey, man. So, bring this up, and put it on a four-year weekly. And what you're going to see here is that, once Tesla gets into $884, and we're at $886 right now, you're talking a whole different range. You're talking a range that goes out of $539. Now, if that's what you get, man, you know, when I look at Tesla, my take is that Tesla can get down to like 502. And the way I do this, of course, is that when you get a market that is going south, and Tesla, no doubt, has gone up without volume since $695. That's, I mean, the rest of that, there's no volume on the way up, but guess what, we know how this goes. You can still go up. But when these pull back, the last day or last week would volume. And guess what? You know, one of the prices is $695. That would make sense because it's $700 on the other side. You break that, though. Bottom line is that you're down to $398, not $398, 502. So, you're talking about some intensity here, folks, in a very large way when we start talking equities. That's the bottom line. It's a problem. There's no doubt. Let's go take a look at a couple of the... We'll go to ExxonMobil. A couple of targets want to look at ExxonMobil. Exxon here. Yeah, I wouldn't mess with this stock. Exxon looks like it's going to set up an ABC down. So, what you also have here is this. This is a re-pricing of assets, period, right across the board. You know, yeah, oil can be at $100. Guess what? Everyone is going to be paying less for an asset. You know, this looks to me like a pure ABC down. A to B is set up. It looks like the C just got set up today. And if it is, it's $89 to $79 to $10. That gets you $74. That's probably the bottom of this consolidation. It probably threw it into a consolidation. That's what I expect that more than likely happened out here. Now, let's go take a look at some of the higher volume equities, and this is going to be a high volume market today. You've got Advanced Microdown, $5.5. Apple's off $5.5. Tesla's the big one, $111. Warner Brothers is off $1.60. You've got Microsoft down $10. They're selling Microsoft. GE's down $9.5. That's a big number for GE. GE's over 11%. AMC is off $140. That's a lot of selling, man. And now what you're going to see happening, folks, is that because of the acceleration down and because of the levels that we're at right now, there's unfortunately going to be a lot of folks that are starting to get a little worried. That just accelerates it down. That's the reality. So if we look at the spy, you're going to see right now, that's a high volume low laying on a spy at $410. You're at $417. When you get this close, bottom line, it wants to get hit. If we break that area, we'll put this back up here for a second, you're going to see it's a very dangerous market, man. It's a very dangerous market. The reason it's such a dangerous market is this, folks, is that we traveled nonstop from 2006 all the way up to 2000, not 2006, sorry, man, 2020, the pandemic low. Look at this. The spy was 218. We got up to a price of $479. And we've talked about this before. If you do, it's just do a normal retracement. So picture, a normal retracement in a bull market is basically 50%. Well, guess what? This downdraft right here has only done a 23% retracement. So a 38% retracement, which is a normal retracement, brings the spy to 380. A 50% retracement, which you can do and still be in a bull, you know, I mean, if you're a longer term bull, a bottom line brings you down to 349. You know, if we take a look at the NDX100, we bring the NDX100, we take a look at that, we do the same type of exercise on the NDX100. What we have, you've got, let's see, take this, put this on a weekly set. I see that, this is what's pretty cool. On the NDX, what you have is that you're coming into a little support. The problem is, is that you've got a high volume low that we've been talking about for a while, which is 297. And I expect we're going to go after that right now, tonight. You know, you're 318, well, tonight and tomorrow. If you break this, more than likely what you have, you get a problem. That's the bottom line. Because if you break 297, guess what, you know, you're going, not only lower, you're going a lot lower. So this is like insane. It's not insane. I'm just, I know how many people, when you have a run that has gone this long, you know, you only need a 20-25% pullback because unfortunately people level themselves on the way up and guess what? It feels like a lot more than a 20% pullback. Dow Industries right now, Dow's 715, Nasdaq's our 450, S&P's our 107. Stay right there, folks. 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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Toll Free at 1-877-927-6648. Internationally at 727-873-7618. I'm O'Brien. Welcome back, folks. Dow is down 730. Nasdaq's off 465 s&p's are down about 10. Let me show you. We'll do the spy as well as the cues to make this ABC down because this can make this ABC down to come into the close. So you can see, I got the spy up here first. See that bar right there? That bar, that's the bar we took out below. You had 2.5 million in the 10-minute and we were taking out 1.6. You take the top of that there with the spy 428. That's your A, your B's 418, your 10 bucks. Your C is out there at 421. That's 411. That's on the spy. We take a look at the NDX100. NDX right here. You're going to see same type of setup. Here's the B. That's where it broke. It had 2.3 million going into 1.1. Bottom line, you get your A point set up there at 329. Your B is out here at 319, 10 bucks. And you see 321, which gets you at 311. So... And you don't have capitulation yet because this is what normally happens in a market like this, folks, is that you're down like this, and then it takes another leg down. And we haven't seen that yet. There's only been one full leg down today. You build a cause for the second leg. We're on the second one right now. We'll see if it goes to fruition. But that's kind of when you know that everyone simultaneously is selling at the same time. We did get another big down tick. We got a down tick of minus 17 something, I think. 1743. So it's getting there. That's the bottom line. You can see this down tick. So yesterday we had a down tick of 16 15. Where is that 17? It's interesting. It says 17 at the top, but I've only got a 1237. It must be in... It would make sense that you get a 17. I mean, that's... that would make sense. When you're getting into bottoms, at least short-term bottoms, what you're going to see is you're going to see the aspect that you reject lower price. You bounce dramatically on the way up. It's too late to do that today, I can tell you that. 15 minutes, it doesn't fly like that unless you're going to have Powell come in front of a microphone and say that, hey, listen, we're not going to go up in the race. We're only kidding. We know that that's not going to happen. So, you know, I think it's a re-pricing. It's a re-pricing of all assets. That's how this is shaken out. We go back to Google for a second and Google looks like it's going to close at the low of the day. It's been moving around. You know, you've had... You've got a little pop. We've got a little pop, actually, right when I came on the air. It popped up to this 2446 and just gave up 24 points. Pretty intense. Microsoft and, you know, a couple of the Tigers and Tigers says, if you haven't been in our trading room, folks, check it out. It's only a dollar. Go to the front page of TFNN. We've got a great trading room. We've got a lot of Tigers, a lot of Tigers. A lot of people that have been in this market for a long time and know what they're doing. Okay? We know that there's no crystal ball, but guess what? We're all in the probability business. And the more ideas that are out there or all smart people, you can take that idea into your head, decide what you want to do with it and go from there. And what they were just talking about, I bet this is going to be the deal. They were talking about the aspect that Microsoft and Google will probably come out and say, hey, listen, I got a large buyback. Great. You got a large buyback. Because guess what? You're going to be buying it all the way down. That's how they blow their cash. That's what we get. Their job is to keep the stock up, too. There's no doubt about that. That being said, though, it doesn't look to me like it's going to hold. We take a look at Microsoft. So this is the number that Microsoft's going to be looking for. Microsoft's going to be looking for a top-line number of 49 billion. And that is a contraction. Last quarter, they did 51. They're going to be looking to take $2.19 to the bottom line. Google. We're going to take a look at Google. Google is going to be looking to take to the top line. Right now, Google's trading at $2,400. They're going to look for the top line of $56 billion and $25. And you can kind of see in both of these numbers, which is pretty wild, both of these numbers, well, maybe they do, they probably do the best in the fourth quarter. That makes sense, because you got Christmas, you got a buying. In both these cases, they are seeing, you know, a contraction of gross revenue. And, you know, dollar-wise $25, next quarter, they look at $27. I think it's going to be a problem. That's the bottom line. So let's see their PE. $115, $1222. I got to see what the difference is in this Bloomberg. Well, so it happens here. If you watch in Bloomberg, it says estimate PE $1222. But then, earnings per share is $115. I don't get that. We take a look at Microsoft. So Microsoft, that's running it at estimate PE of $28. But you can see the PE 9. That's going to be quite a deal. Let's go take a look at the XAU and the HUI, okay? And we know they threw everything out. What I want to see here is exactly how much volume we got yesterday, because both the XAU as well as the HUI, going back to where they broke out from. So we had out here yesterday, you did volume out here of $42 million, and you're going into $60. So that's cool. Okay, so, you're a gold bull. This is what you want today. I want to see, we'll bring this up in a second, because I want to show you how this goes. So right there, see, this is cool what's happening. And what we'd like to see is that yesterday you did $60 million, $42 million, rather, in the XAU. So you want, tomorrow, we get this at 8 o'clock tonight. So you want to see a contraction of that, because you're still going into a higher volume level, which is $60. Then, you know, this just goes down to $155 million, so, this is what you want to see. For the XAU, you know, $145 million, $142 million, so, we hit it. Okay, so this is the type of test that you're looking for when you're looking for test. You're looking that it actually got to the price point, this got under yesterday's low by one penny. Now, we need index, I suspect this is going to be set up the same way. OK, this is going to be cool. OK, we're going to take a look at this. And it's going to be the same number. Yeah, which is cool. OK, so yesterday we came in with 30 million going into 48. So that's how it works. That's cool. And let's go to Newmont and Barrett, because that'll tell us if we're going to get lighter volume. So yes, oh, this is good, man. OK, so you had volume of 9 million yesterday on Newmont. You only get 3.8 today. That's really good, because the reason I'm looking at these two folks, these two are the highest weighting structures. The same deal with Barrett. Barrett had 32 million yesterday only at 19. So that's telling me we get the volume straight now in the XAUDHUI. Now what you need, however, is that you need a rejection of lower price. Dow Industries right now down 733. Nasdaq's up 470. S&P's off 110. Stay right there, folks. I'm right back. 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 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 4.00 PM Eastern. 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Every Monday morning, I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To sift 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. 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. Welcome back, folks. The hour's down 737. NASDAQ's up 479. S&Ps are up 111. And we were just talking about the Tigers then on Discord. It's a buck, folks. OK, you want to give a great idea? One of the Tigers out here, PPLT. You want to hide somewhere? This is a great place to hide, folks. This is the platinum market. When you take a look at this, I'll show you what's happening here, though. So this is a platinum ETF. You're trading at $85.88. So these are the ones I love. And what I mean by that is that what you have is that we take a look at this. This just come down in the last three months from $109 to $85. You have the high volume low that it had to go after. The high of the low is $85.58. The bottom is $83. Well, you can see what ended up happening yesterday. The bottom line, that volume there is $293,000. Guess what? You went into that with $161. Then you take off. That's on the daily. And that's telling me that this thing wants to get all the way back up to the high, which is $109. That's the first spot. I'll put this on a weekly. And what you're going to see on the weekly, it's the same type of setup that you came back to the bottom of where it broke topside going all the way back in November of 2020. Dangerous where it went, no doubt. But bottom line, guess what? You rejected lower price on the daily, on the weekly. And my take is that that wants to go higher. And that is if we take a look at platinum in general, what you're going to see is that, yeah, this has already got toasted, which that's what you want, folks. I mean, if you're going to go somewhere, you want something that's already pulled back. And then what you put on top of that is that, OK, are we in inflation? Are the metals going to move? That's going to be a personal choice for you, guys, for what it is. But you can see when we take a look at this platinum in the last three months, this went from $11.85 here at $9.25. Bottom line, it's a bottom of the consolidation. And you've rejected the bottom of the consolidation. So it's pretty cool. And I appreciate it, Frank. Thanks so much. Thanks to all you tigers and tigers, isn't it? Telling you, folks, get over to TFNN. Hit the Go Into Services. You're going to see Discord, Tiger's Den for $1. Telling you, it's pretty cool, really is. And always remember, folks, to back and claw your hideout. The book can run you over. And thank God, there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off at 9 o'clock in the morning. Great show. As I do the update, right at 3, bottom line. We'll see if Google comes out, Microsoft comes out. I'll get you the numbers. Have a great one, folks. Have a safe one.