 But right now, we're going to jump over to our man, Teddy Kegstad. Folks, you can check out Teddy's Outstanding Tiger Forex Report. He puts out a new issue every Monday. I always say, I know a lot of you don't trade forex. There is an abundance of great information in there that you can use, whether you're talking about talking about the forex pairs, talking about bonds, talking about crude oil, right? Talking about currencies in there. Please check it out. You can go over, sign up. It's $97. You gain access to the archive webinar that Teddy just did. It comes with the money back guarantee. You can't go wrong, folks. And Teddy just did that live archive less than a month ago, folks, talking about the second quarter. So you get that as well. And as usual, we got some action, Teddy. We got the dollar index trading higher yet again. Good morning. Good morning. Yeah, we do have some very good action today. What do you want to talk about to start off? Where do you want to kick it off, man? We got action everywhere. We got yields. We got the dollar pushing 103. Why not the dollar? Can we check out the dollar? Because we got a little bit of movement, especially in the last week or so. Sure. The dollar definitely is showing some nice strength, especially because you got the Euro that's following. You got the Swiss and the Yen that both have broken out to the upside, which is a very nice indication of dollar strength right now. So the only one that's really kind of lagging is the British pound US dollar trade. But outside of that, right now the Euro, or excuse me, the US dollar is very strong versus most major pairs. Yeah. And I know we got a lot of gold bulls, of course, that follow that are watching that are in the Tigers. And then gold's been pulling back as we've had. I mean, even from last Wednesday, we're at almost 101 on the dollar index. We're at 103 right now. We've seen gold go from like 2050 down to low of 1985. I think it was this morning. For those in that market, Teddy, with the dollar at 103, I know you put this stuff out in the letter every week. But where do you see some of these levels? Maybe if you are bullish in the dollar, you're looking for a pop, or maybe you're looking back on that lower consolidation. Where do you see kind of the risk-reward ratios with the dollar at 103, when really that 101 area was kind of a nice low that we had. And now we're almost not in no man's land, but we got a high back there from March at almost 106, and we're sitting kind of in the middle at 103. Sure. Sure. Well, right now I definitely am a short-term bull with the dollar. First of all, you have the yield curve, which now you have the bonds that broke out to the downside this week that's setting a new trend. There's definitely, I would say you're going to see a nice little surge in rates over the next few weeks, meaning bonds and tenure prices going lower. And if that scenario is right, then you're going to see definitely the dollar short up. And I think one of the major currencies you have to watch is the euro to the downside. Is it going to be an aggressive sell-off? Probably not, but I think the trend is definitely going to be lower for the euro for the next probably a week and a half to two weeks, which will be very interesting to watch is the US dollar Swiss trade, because overall that market is a bull against the dollar. However, the Swiss is really grinded against the dollar for months. And I think that we've set a nice little bottom and I wouldn't, I'd be very careful with being along the US dollar Swiss. I think you still have a little nice potential to the upside, probably another one to two basis points. So, and especially with the US dollar yen, there's another one to the upside. I think there's a lot of potential. I think we could see very, very big multi-month highs in the US dollar yen. And I think if you want to have a really good risk-reward trade, buying dips in the US dollar yen trade for probably the next one to two months would be a very good play. Nice. Of course, that's going to impact the gold contract, but yeah, that's a volatile chart, man. I just pulled it back the last, what, 12 months. Yeah, you talk about some volatility in the dollar yen pretty much everywhere in this market. And what do you think about crude, Teddy? Because we're chomping around that market. We're sitting just above 70 bucks. Quite the pullback that we had in April. You gave back all the OPEC plus, plus, plus some. We actually hit 43 bucks. I got a my chart. What do you think of crude sitting at just above 71 dollars? With crude, I think you have to kind of watch out. Let's see. I'll give you some levels here. I would say with crude, you need to probably look out for the, let's see. The last swing high around that 73.64 area is key. If we take that out, then I think you're going to have to, you'll probably get a surge in crude. But as long as we stay below that, I think it's going to be a choppy trade from 72 dollars down to about 68, 67 dollars. I don't see it trending to the downside. I see more of a choppy action going on when it comes to crude. I don't see that we could probably have any major extended sell-off. There's no reason to. We're coming into the summer where demand is going to be increasing. So I just can't be a bear on that one. I think that, especially if rates do start to go higher again, that's it probably going to help give a lift to the bulls on the crude oil market as well. That's a perfect segue. You talked about yields a little bit. You talked about it on the 30-year ahead of the chart where you were talking about it. But just a little big picture. I know for those who have been listening, you're looking for potentially some hikes out there as we go forward. What did you think of some of, you know, since the last week, it seems like we get so much data. You had retail sales. We got some numbers out there from Home Depot. We got, you know, the retail sales are pretty strong, man, in all things considered. What do you think about the conversation about the Fed? Because we're already shifting. I feel like we're about a month out now from the June meeting. And you're hearing some Fed speak out there. Of course, we had a lot of it the last couple days. What do you think, how does that factor into what you're talking about with bonds? You're still looking for potential hikes at the next meeting? Absolutely. I'm looking for more hikes. Absolutely. I don't see anything relatively with the numbers that would indicate any reason for them to stop hiking. I just really don't, you know. So I think that the numbers, even though they're not as coming out as bad as they have over the past year and a half, that doesn't mean they're not still horrible. Yeah. You know, relatively there. And I would watch the S&Ps. The S&Ps have been drifting. They're failing to make new highs. And this will be a crude trade for you. If the S&Ps, especially the transports, if you watch the transports, if those take a dive over the next two to three months, then you might see crude lay off a little bit. But if transports stay firm, that's something I would say is going to also hold up the crude market. But overall, I would watch those S&Ps, especially as rates start to climb. If they do, if I'm right on that one in bonds and tenures, starts to really start to hit new lows, then I would say you're going to probably see the S&P as a whole under pressure. I mean, there's only eight stocks that are holding it up to begin with right now. Yeah, that's what I'm interested in, right? Whenever I'm looking at the S&P, man, I'm watching Apple and Microsoft. And I mean, those articles, it just made me pull up those eight stocks, because I said, that's what's doing everything, man. It is pretty interesting. And yeah, I mean, S&Ps, you can't deny. You don't have to be a master technical trader to say, man, we're bumping up against an area, whether it's 4,200, 4,150, whatever it is, been resistance recently. And yeah, I always keep saying to myself, Teddy, I say it to my listeners too, but core CPI is at 5.5%, man. We got some ways to go. I'm not sure if you heard some of the Fed speak going on from Rafael Bostec saying, yeah, like anything could happen. Of course, we could come down. But boy, when you talk about the risks in this market, I think it would really lean to the fact that there's more of a risk that we hike. And guess what? The best part about it is we get to find out in a month at the June meeting. And I imagine no matter what happens in June, man, even if they do pause, they have a long way to go, like you say it. So we're going to get to see this play out over some period of time. Well, Teddy, I appreciate the time on a busy morning, as always, man. It's always interesting to say where we'll be next week by then. But I appreciate the insight. Folks, check it out on the front page of TFNN, the Tiger Fork support. And Teddy, we'll talk to you next week, man. Have a great week, OK? Thank you, Tommy. You have a great week, too. Thanks for coming on. Folks, check it out. Teddy's putting, he puts an outstanding report out every Monday. I read it every Monday. He sends it out to his subscribers. And you heard him right there. He tells you what his opinion is. And we get to find out, right? Whether they're right or wrong, but he gives it to you. Folks, check it out on the front page, and we'll be right back for the end of the program.