 The following is a presentation of TFNN. The morning markets kickoff with your host, Tommy O'Brien. Good Thursday morning everybody. I'm Tommy O'Brien, coming to you live from TFNN, 9.06 a.m. Thursday morning. We got about 24 minutes to go until the start of training and you got markets in negative territory to kick things off. Right now you got the SMPs, negative by 12 points, trading at 44.63 NASDAQ 100. You're off about 48 points. That's about a third of percent, trading at 14,457. You get the Dow off a 30% as well, Russell off three points. Jumping back to the SMPs. You look at the action yesterday. We got Fed minutes. You talk about some volatility, man. You spiked to 44.44, 50. Jump up, just missed 4500 by half a point and we end the session at about 44.75. There's your end of the day. Overnight, we basically make it right up to where we were for that flash high at 3 p.m. Eastern time and since then you've seen a little bit of a sell-off, 44.64 in the SMPs. See where we go on the open folks. 23 minutes until that opening bell. Commodities, crude oil. Quite the dive lower yesterday from 104 to 96. That's an $8 move, folks, yesterday. Right now you are positive by $1.30 on the session at 97.53. We had a 95 handle earlier this morning on crude. Gold contract catching a bid up $10. We'll call it at 1932. We jumped to notes and bonds. We got the 10-year yield right now, folks. 2.63%, 2.63, my goodness. 30-year mortgages, right? Crossing 5% for the first time in a while. Higher yields coming at you, man. Fed minutes, they're talking about it. We'll get into that a little bit later. We'll jump into it right now this morning and we'll jump into unemployment claims, 166,000. Quite a number. The previous number also revised down to 171. Let's see if they get into it in this article. I believe they're going to. Come on, where's your revision? Now, they don't even talk about it, but there was a revision. So last week's number was about 200, I think. That was revised down to 171, which is why they say it's a decrease of 5,000 to 166. Week ended April 2nd. Market was looking for about 200,000. Low number, but it makes sense. And the thing I always say on this Thursday number is folks, we're talking about 30 to 50,000 jobs on a weekly basis, okay? It's a normal churn, but there's a lot of variance. When you're talking about that few jobs, deciding the difference between whether you're swinging from 170 to 230 to 240, a lot of variance right now in this market on a weekly basis, but the trend is just lower numbers. Strong job market, people not letting people go, probably at the rate that they would on a historical average, continuing claims for state benefits rose marginally to 1.52 million. That is a week delayed, March 26th. The drop in first time applications, yet another sign of positive momentum in the labor market. They've been falling for most of the year along with declining COVID-19 cases. Separate report last week, jobs, you're talking about almost a half a million in March. So the market takes that. It goes with it at 8.30 in the morning and really the slides to negative prices began at about 7 AM. There's eight o'clock in the morning, so you see not really reacting on the jobs number. The market was already selling off from the highs we had pre-market of 44, 96, 75. Man, just like that, you give up 30 S&P points. We were in higher territory, not so fast folks, lower prices coming at you on the open at least as of right now. All right, what else are we gonna jump around to? Mr. Warren Buffett, he's got a new billion dollar, 4.2 billion dollar stake to be exact in HP. 121 million shares of the computer maker, HP stock surges on the disclosure of Berkshire's purchases. Now I wonder if Berkshire filed the correct regulatory forms in time as opposed to Mr. Elon Musk that likes to flirt all the regulations. We'll get into that folks. As you look at the amount of money that Musk made after he was supposed to be filing those regulatory filings. Nonetheless, Berkshire's HP bet, just the latest way the billionaires investors firm has found a way to deploy some of its near record cash pile. I read an article last week that was talking about oxy and saying, you know, he's built a position in oxy. Is that gonna be one of his next huge ones out there? Now which one is the HP that they're talking about here? HPQ is the HP they're talking about. Whoops, HPQ and of course you're gonna see it pop from 35 to 39, you're as high as 40, 85. We put this back on a three year weekly. I mean, you're getting in at some pretty lofty levels but nonetheless, Buffett a believer he puts $4.2 billion into that stock and you're gonna pop about 10, 12% on the open at 38, 88 and you're pushing right near the highs of 40, 37, you put things back on a 15 minute, 40, 85. We got above that high pre-market we're trading right now 38, 85 in HPQ. I mean, as I get everything set here and what we're talking about, still got a little bit of a cough I'm battling, nothing to do with COVID thankfully, just a little bit of a cough, I'll be dealing with it but we'll get through the program. All right, let's jump to Mr. Elon Musk man because this one is quite a revelation. So story comes out from the post last night. Let me pull this one up. That Mr. Elon Musk made about $150 million by not filing the proper regulatory forms. Okay, Elon Musk delayed filing a form and made $156 million straight cash folks by delaying his disclosure of his stake in Twitter, Musk bought at an artificially low price. All right, now the bummer of this all is I talked about it yesterday, I talked about it a couple of days ago. They're just starting to talk about it with articles coming out but even the financial press, it's so tantalizing that you have the richest man in the world taking a stake in Twitter, Twitter makes its own headlines as well. Nobody is talking about, and this is a great article and hopefully they'll talk about it a little bit more how he just flaunted the regulations that are there to protect consumers. Musk was aware, okay? And if he wasn't, then that's his own fault. He was aware that he needed to file regulatory filings. Okay, he was aware that the moment that that became public the stock was gonna skyrocket. And so he didn't file them and he kept buying, okay? On March 14th, he had a 5% stake in the company. 10 days from them, he's required by regulations to file a form alerting the public that he has a 5% stake in that company, okay? Now, if you look at where he bought, okay? When he went from a 5% stake on that day, March 14th, he continued buying to the tune of 4.2% additional, okay? But the share prices jumped 30% the second the market figured that out. Well, they should have figured it out on March 24th, the day he should have disclosed it. The amount of shares he purchased after that time, it was like free money folks, all right? Everybody else doesn't have the opportunity. Now, I went into the actual forms here, okay? And here are the actual shares that he purchased. Begins on January 31st, this is the SEC filing, schedule one of Elon's transactions, okay? Begins on January 31st, $620,000 at a price of $3682. Now, let's get the dates exact. I believe it was March 14th that he hits 5%, okay? Let's get the dates, yeah. Reached on March 14th, he should have filed by March 24th. And if you look at the numbers that he did after that folks, you got 3.5 million shares, 2.6 million shares, 2.8 million shares, 2 million shares, 2.1 million shares. You add all of that up folks and you add up the fact that Twitter right now is trading at a price tag of $50.77, basically free money. He's getting a 12% pop in there. The real bummer of this is, and we'll talk about it a little bit more, is that basically he's probably just gonna pay a couple hundred thousand dollars in fines. Doesn't make sense at all. Hopefully it gets a little bit more attention there. We'll talk about a little bit more, but we'll be coming back first and we'll be talking to our man Kevin Heeks from TD Ameritrade Fast Market. Folks, stay tuned, we'll be right back. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at tfnn.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. 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Walk you through the trading activity going on, walk you through hypothetical trade setups on the Thinkorswim platform that talk in defined risk, talking options. Kevin Hicks, man, another wild one yesterday. Good morning. Good morning, Tommy O'Brien. Yeah, that was it. You know, the Fed minutes, you and I talked earlier in the week that it was gonna be explosive, and it was. I mean, some of the comments were pretty interesting. Many members were calling for a 50 basis point increase at that meeting, so they're gonna reduce the balance sheet quickly. They're gonna work on getting the Fed to a neutral policy, not the worst thing for the market, not the worst thing for the overall economy, but it was everything that we thought would be when Layell Brainard sort of preempted it on Monday, but today's data, Tommy, jobless claims, just crazy numbers out of the first time for unemployment insurance. So 202,000 a week ago, revised down to 171 this week, 166,000, those are historic, Tommy. And so the overall market is starting the day very tentative, right? It was green, now it's slightly red, so this is gonna be an interesting day how this market consumes and digests. I always use the term. All the data that we've seen last week, and here's something for your viewers to realize, Tommy, look at the 10-year note and the RSI on the 10-year note and the corresponding RSI on the 10-year yield, way oversold in the 10-year notes, way overblocked in the 10-year yield. So I'm gonna be really watching how the 10-year note and the corresponding 10-year yield acts over the next several days, Tommy. You know, it's a great point. I got the chart up just, Kevin, of the 10-year, not with the relative strength, but just literally looking at a chart on the thinkorswim platform on a daily basis. You back it up to last August, and I had a pretty well-defined channel on the 10-year for lower prices and higher yield, and the 10-year just smashed out of that to lower prices, man. And even if it gets back within that channel, like, Kevin, I've been talking about it, I mean, that would be a pop to like 124 right now from 120. I don't know if we're gonna get there, man, but that is still within a downward channel for higher yields and lower prices. But boy, that move, you back it up. March 7th, we had a 129 handle, and we almost got a 119 handle yesterday. So boy, you talk about moves, man. We jumped from that, the jobless claims number, you've said it many times, pretty remarkable, Kevin, with the revision as well. What do you think about the fact? It's quite a market when you get such good economic numbers like that jobless claims number, like the non-farm payroll numbers that we've been getting, right? And then you have to do this kind of balancing act in your own head of, okay, the economy is so great. Okay, hold on a second. Does that mean the Fed is correct that they can really bring it with a couple of 50 basis points, if not three, if not four? Like, Citi was talking about, how do you encounter, Kevin, when we have hit these really robust economic numbers, but the market almost takes it and says, hold on a second, that's great that the economy is so strong, but that is just giving the Fed a little bit more room maybe to bring it with these rate hikes. What do you digest when you look at, and maybe not even a number like the jobless claims number, which may not be as important, but the non-farm payroll numbers, just strong numbers across the board, but the market a little bit wary of such a strong economy that might give the Fed more room to raise those rates quickly like they've indicated. Yeah, I think this market is so focused right now on inflation that it may not be realizing that we've got a pretty good overall U.S. economy here, that it's frankly giving Jerome Powell the slack that he needs to raise rates and not have to worry about anything like the recession. Now, a lot of people are taking the flat yield curve, a lot of people are taking the imminent Fed rate hikes as a sign that a recession is on the horizon. Well, interest rates are still historically very low and I think if interest rates were to plateau here, like yield, like, tell me the 10-year yield at 2.6, that's a lot of interest rate hikes already priced into the market. So I think it's gonna be real interesting how this market reacts to some of that and how the market reacts. What happens if two months from now, we're still at a 2.6 interest rate or 10-year? I think that could be very interesting, Tommy. Yeah, I mean, that move, when I just talked about the price action on the 10-year, we had a 129 handle on March 7th and I believe that's where the yields we're talking about almost 1.7% and we're almost a full percentage point in exactly a month. It's April 7th, convenient enough, March 7th, 1.7%, we're at what, 2.6% right now, almost a full percentage point over the last calendar month. Pretty remarkable, man, to say the least. We move on from there, Kevin. We got earnings coming out to some small trickle, but they really kick it off coming weeks. What are you guys gonna be chatting about on Fast Market coming up at 12 today? Yeah, we're still kind of in that chasm between when last earnings season stopped and the next one begins. So today, we're gonna look at the March sales data in Costco in the first segment of the show. We're gonna look and trade Costco. Like Bolio's gonna do a presentation on the streamer, Roku. And then we're gonna look at, because it's the first day of the Masters and because that also corresponds with opening day in baseball, we'll look at Dick's Sporting Good as a nice proxy for all things sports going on right now, Tommy. So Costco, Roku and Dick's Sporting Good. Some great companies, man, Costco. Boy, quite the charge, Ironman. I got a weekly, let me put it back to a daily. Yeah, yesterday, that's an all-time high, I think. 586, 80, some of these companies, folks, pay attention. If you're making new all-time highs yesterday, you're worried about this market. Walmart, similar action, Kevin, yesterday making all-time highs. Roku, I've been looking at this one, man. Just from a standpoint, when I jump over to the Analyze tab on the Thinkorswim platform, I got the fundamentals up there. You're talking about a company, Kevin, valued at only $16 billion. Now, $16 billion, we know. My goodness, I would love to create a company where it's $16 billion. But in terms of the reach they have, and I can't wait to see what like Folio talks about, I've seen them talk about Roku before. They have some great insights. What do you think about a company like Roku? And I'm just gonna talk about the market cap at $16 billion, because I always think about this company. It's gotta be at least something that some of the executives think about for some of the big streamers, whether it's Apple, Amazon, Netflix, having the reach of having those set-top boxes for only $16 billion. Is that something you ever think about, Kevin, for maybe it just might be an attractive level for some of those big streamers out there? Well, you know, it's hard to, with the naked eye, and without someone doing deep analysis on Roku, it's hard to figure out if this company is changing television overall, which I think there's a pretty good chance it is. And is it just something that could get passed by by the bigger carriers and the bigger, you know, this stock has gone from 490 to 98 bucks before it settled up here. So, yeah, there's a lot of uncertainty still with Roku, but this is a company that is still growing, but this higher and straight environment, as you know, they took a lot of valuation out of these companies. It's a tough question, man. I appreciate giving me the answer, and it's just something I think about, and you're right, I'm biased. We got five Roku's in my house. So, Kevin, thanks for the talk, man. We look forward to the program today. Have a great one, man. Thanks for having me on, Tony. Are you having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den Trading Room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows. 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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 gonna 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. We got markets open, and we got markets open, and basically right where we were pre-market. Russell 2000 climbing into the green right now, but you get the S&P negative by nine trading at 44.66. We're coming down right near the lower portion where we were yesterday. About 10 points from the lows, whether it was yesterday, all day. We had a low of about 44.57. You did have that flash low right after the minutes were released right now, trading at 44.68. NASDAQ 100, negative by 32 points. Let's jump around to some of the fang socks. See how they're trading this morning. Amazon, flat, 31.74. We jump over to Google shares. Down a quarter percent right now. Microsoft shares, down three quarters percent right now. We jump over to the big dog, Apple, barely in the red, 171.49. Let's see how Tesla's trading. Up six tenths percent at 1,052. We jump over to Twitter shares. Hanging above 50 bucks at 50, 56. I'm gonna finish the conversation on Twitter real quick. Cause man, it's just not fair folks. And if the richest person in the world doesn't have to follow the regulations, it's really unfortunate because people were harmed by this. This is what I, you know, I feel like I'm harping on it by continuing it. People were harmed by this, okay? Elon Musk had inside information that he was about to come public with a huge stake in Twitter. He was supposed to file a regulatory filing 10 days after he amassed a 5% stake. He did not do that. He kept buying shares. Those shares that he purchased just after the March 24th deadline, okay? Netted him 156 million. He bought those shares from somebody folks, okay? And somebody sold him those shares with less information than he had. And imagine being the person that sold shares in Twitter after the date of the regulatory filing was due. I would feel wrong, justifiably so. The disregard for security laws, whether intentional or accidental, yeah. Highlights the way, obviously, Elon feels like he doesn't have to follow the law. Regulation, okay? Different regulation law. It's a close one here, okay? Now, what they say though, is that he's gonna get basically a slap on the wrist. Security lawyers and finance experts say that if, nope, that's not the one. Let's go down here. Oh, come on. Yeah, there's a lot in this article. But nonetheless, he's just gonna get a fine. I'll choose the exact one, but I hope it gets more attention because people were wronged. And it's unfortunate that he's able to do that and get away with it because he has such fanfare. Now, one thing I'll look at, okay? I mean, check out some of the shares that he had traded here. I was going through some of these dates in particular. Now, February 7th, okay? He bought almost five million shares at 3651, February 7th. I mean, he had a huge, huge portion of some of the biggest volume days out there on this stock. We zoom in on the action. He started buying it late January, February 7th. Twitter did 22.7 million shares. Musk accounted for five million shares of the buying alone. Pretty remarkable what he was doing in those equity in terms of just the raw amount of shares he was purchasing. And look at how it just chopped around between about 32 and 38 up until March 18th. He was supposed to file March 24th. He took those five extra days, folks. Got it done and made a freaking $150 million for doing it. And they say that he may just get fined a couple hundred thousand for the act. Unfortunate to say the least. Markets on the other hand, we're getting some growth stocks accelerating. The Dow's turned a negative. Let's go back to a 15 minute chart. There's a pop for you in the Nasdaq 100, green by 13 points. Dow turning a little bit red at 34,241 right now in the Dow. All right, what else do I have pulled up here? Let's jump to commodities. So we know the commodities have been running but JP Morgan says get ready for 40% commodities rally and a market shift of man for inflation hedges may boost allocations raw materials hit record last month following as we all know the Ukraine invasion but they're seeing potentially 40% taking them far into record territory should investors boost their allocation to raw materials at a time of rising inflation. It's very possible folks while allocations appear to be historical above historical averages on commodities they're not very overweight according to a strategist led by one gentleman can't pronounce that name. That suggests scope for great gains in raw materials even higher than we're at right now. Just keep it on your radar folks because the run may not be over we got crude back below a hundred bucks but not sure that one's gonna last as well. Yeah in Puerto Rico man they were talking about this in the den this morning. Boy some real power issues going on in Puerto Rico man there was a fire at one of their plants basically the whole island was plunged into darkness overnight some of it's coming back online tough situation they got some serious issues going on down there and hopefully we get that figured out because that's the tough deal folks and they're Americans down there and if that was happening in American city I don't think would be allowing that to happen but nonetheless unfortunately it's happening and that's because they don't have representation and they don't have people that they put into office that get to speak for them. It's a real bummer and they're paying the price for it continually down there but yeah boy I saw a chart of the island that they put into the den this morning basically just darkness across the board. All right what else we got going on speaking of the den folks we've been talking about it please come check out the new Tiger's Den over at Discord Outstanding Service I'm looking at it right now we got folks 88 active Tigers and Tigers is in there right now we got over 200 members of the Tiger's Den those just active members in there right now it's a dollar for the year that's basically just keep out spammers and the likes and next Wednesday folks we got an opening call subscriber webinar going on now two different avenues okay you got to be a subscriber to the opening call to attend Basil's live webinar coming up on Wednesday but that webinar will be taking place in Discord the cool part about that is that we previously used hotcom that was a great piece of software became a little bit outdated for what we were doing Discord just on the cutting edge of technology folks if you want to access Basil's webinar and you are a subscriber you can access it via your desktop via your Macintosh via your tablet via your mobile phone just sitting there hanging out in the living room watching Basil's charts live watching him speak on your phone very cool I encourage you to check it out opening call subscribers out there you can attend this for free of course as an opening call subscriber if you're already a subscriber you have nothing else to do except for the fact that you do need to become a member of our Discord server okay we sent out an email to opening call subscribers yesterday and here's what I'll say folks don't wait sign up now Basil has an outstanding newsletter you get 30 days of his newsletter if you cancel you get a money back guarantee you want your money back we refund it no risk no questions asked you get your money back you'll get to attend the webinar and it's a perfect time to do it because I don't want you to wait because normally okay people love to wait folks okay I'm the same thing all right you get you wait maybe it's Monday maybe it's Tuesday maybe Wednesday rolls around you say you know what I don't want to miss that Basil Chapman webinar coming up tonight well that's great just please don't sign up at 4 p.m. on Wednesday April 13th you can do that but it's gonna take us a few minutes to get you into the Discord room okay what I encourage you to do sign up for the opening call check it out we'll get you in the Discord room you'll be in there you'll be a member of the opening call Basil's getting a number of outstanding archive webinars you can check out as well when you click over to subscribe folks you can either pay 149 for the month 6.95 for six months that's a savings of 22% or 11.95 for the year if you're thinking about staying on money back guarantees for all of those so I encourage you to check out the six months of the year you still got 30 days for money back guarantee stay tuned folks 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 from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at TFNN.com that's 727-329-8322 call us today. 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That's TFNN.com, then hit Watch Tiger TV. Hey folks, we got markets catching a little bit of a bid right now. S&P is in positive right now by four points. NASDAQ 100 holding in the green by 35, Russell positive by three. Dow, barely in the red right now. But the Dow, you look at the pop we just got, folks. You were down to a low in the Dow. 34,209, you just pop 130 points in the Dow. We jumped to commodities, crude. Kind of hanging where we were pre-market, 97.60 right now. We jump over to gold up 10 bucks at 19.33. We jumped to those notes and bonds right now. A little bit of lower price. You get the tenure, just above 2.6%. We jump over to the VIX, 21.96 after hitting 24.78 yesterday. Talk about some volatility, folks. Let's jump to some of the stocks that are moving this morning. Canagra, weaker than expected forecast for the fiscal year ending in May. The results are being hit by higher transportation and raw material costs. We jump over to Canagra, see how they open. They get it all back. What's up with that? Look at that move, man. From 34.20, basically, yeah. Down to 32.47. We got a conference call beginning as the market opened for Canagra. You spiked to 34.78. Now, this makes me think of as Kevin was talking about, folks, if you're looking at, look at this Costco, up 2.3% today. There is a rotation going on in this market, folks, and you're seeing it happen live. 2.3%, people are flocking to stocks that they think might be okay as we possibly have some recessionary tendencies or indicators going on. We jumped to Walmart. Look at that pop. Same deal, folks. If you had stocks with a higher yesterday, pay attention to them. You got Walmart up another 9.10% to 156.31. Excuse me, I think McDonald's made man higher yesterday. It was McDonald's, Walmart, both stocks we have in my newsletter, folks, Rocket Equities and Options. If you want to try it out, check it out on the front page of TFNN under the newsletter tab. Gonna have an update out for subscribers later today as well. I do have equities that have not fared as well over the last couple of days as well, but those are two equities. Now you take a look at a daily for Walmart. Let's back it up even further to get the full run this thing has had. I talked about this on a couple other shows. All right, nice area in Walmart that this came down into, an area of confluence. You take the lows of the COVID lows of 124 all the way up to the high of 271. Okay, and that gives you a 382 area of about 216. And then you take the smaller timeframe, Fibonacci from the run that began in March at 202 up to 271. That retracement zone, the 618 is about 228. Now what I've done is I've highlighted the area of the 618 to the 382 of two different Fibonacci retracement zones. That is an area of confluence, folks, okay? You have two different retracement zones and you have an area of confluence that lines up. And what did it do? Walmart comes right, excuse me, McDonald's comes right down into that area. They bounce basically almost to the dollar at 216. You're up to 251. We'll see how they handle, but jumping back to Walmart shares. We're breaking out of a consolidation, folks. And Walmart from the COVID lows up to the highs. Now it just broke above those highs. And I believe that high was 153.66 dating back to where we were in, excuse me, November of 2020, basically chop around for the better part of a year and a half almost. Really you got into that area in August of 2020. And just like that, we've accelerated out of it. And boy, if you ever get a move, folks, I mean, you're talking about an area that could potentially see a move of about $50 from 103 to 156, that's a $53 move. If you add 53 onto the bottom of that consolidation, you're talking about 185 to 186 potentially on Walmart shares but strong numbers on Walmart. And that's even as we have red across the board right now, Russell. Yep, there it goes, Russell in the red as well. See, constellation. Yeah, look at this, man. They're loving constellation too. Now, constellation just had their numbers. Okay, now we'll get into those but constellation was higher yesterday coming into that as well. You're up another 3.4% for this equity, man. You take a look at the weekly. Basically, you could say consolidation as well. Okay, now we've had some volatility here. But this thing's been chopping around between basically the better part of 2021, almost the entirety of 2021 and 2022. I can't believe it's already April of 2022. But we're coming up to the upper portion of that. 247 constellation up 3.5% today. The wine business, the beer business. It's a good business to be in, folks. All right, what else we got going on? Levi is out with their numbers. Beat estimates by four cents. Quarterly profit of 46 cents to share. Revenue topped as well. Strong demand for its jeans, tops and jackets while successfully raising prices and cutting down promotions. They're a little bit higher pre-market. Let's see how they're trading. Excuse me, folks. Not so much. They give it back. There's your acceleration down 1.9% for Levi even as they're able to raise those prices. Strong numbers last night, but the market gives it back on the open. Right aid, okay. Deutsche Bank downgraded them to a sell from a hold. COVID hastened the decline of the retail pharmacy segment and there's a possibility that right aid may not be able to generate enough earnings to continue as an operating company. Whoa, did you get that one, folks? That's quite a statement. They might not even be able to continue as a company. You're down 21% right now. We jump over to the analyze tab. You're talking about a market cap, folks. It's only $370 million. That's like nothing, man, for a company like this. Well-known company, but yeah. How do you compete with the big giants out there in terms of pharmacies and COVID accelerating a lot of trends and the trend might be out of business. For this equity, we put it on a monthly so much for 1,022. I'm imagining there's a few splits in there potentially. And yeah, this thing's just been chopping around since basically 2019 at these prices got all the way up on 2021 to 3248, but be careful, folks. $370 million, that can be at zero in no time, especially when you got Deutsche Bank coming out and saying, guess what, sell, sell, sell. Wayfarer is lower as well. They get a downgrade to underweight from equal weight. High-end furniture retailer is gonna be hurt by weighting demand, overly optimistic consensus estimates and other headwinds. We jump over to Wayfarer. That was a COVID darling up to 369. You basically give it all back to where we were at the beginning of 2020, actually under those prices right now and think about it. You are trading at prices that you were seeing almost in 2017 in Wayfarer. Okay, in 2018, you make it to $100 in February of 2018 in Wayfarer. Excuse me. And we jump over, it makes me think of restoration hardware. If you're looking to get in restoration hardware, folks, that might be an attractive level. You're right at the 618 of this equity. You're up to 744. You're back to 331. A super high-end retailer, even if we hit some recessionary tendencies, I think I saw somebody talking about this, an upgrade or something like that. Let's see. Yeah, I saw somebody talking about it. Man, they were just making some good points saying, listen, they are a very high-end retailer. You know, if the economy really is struggling here, they might be in one of the better areas at least where the high end may not be hit as hard. Oh boy, you already pulled back, but I always like when you're at the 618, 330 right now, right at that 618 area down from 744 for restoration hardware. And always nice when you got Mr. Buffett on your team as he is an investor in restoration hardware as well. Continuing down the line. Let's see. Yeah, JD.com Instinct. So the founder has left the chief executive officer position. Just interesting nonetheless, built that thing into a powerhouse, man. I think it's a $95 billion company, still JD.com. Founders checking out. I would check out two to five's in China, man. Take your money and run. No interest in that one. All right, folks, stay tuned. We got one more segment coming up in the program. S&P's negative by two. We're 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. 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The target first mortgage program pays 7% per year, paid monthly, on secured, high-value, buildable properties in St. Petersburg, Florida. The investment is for four years, paying 7% per year or $7,000 per a $100,000 invested. Your investment is secured by high-value real estate in St. Petersburg, Florida. Your investment can be anywhere from $100,000 to $500,000. Do you want to make $1,000 per year on $100,000 invested or $7,000 per year on a secured, target first mortgage? The target first mortgage program may be just the program for you. The target first mortgage program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. 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. Checking in on the market. We're oscillating in both directions right now. That's a monthly. Check out the monthly, folks. You think this market can't pull back? My goodness, from 2008, I mean, I was thinking about this last night. 665, are you kidding me? We're trading at 4,500. Let alone COVID lows of 2,174. We're trading at 4,479. Barely see this pullback, nonetheless. What else we got going on, folks? It is Masters Day. Pretty sure I had it up. How'd I close it? Maybe I did. Did I close it? I must have. I had them up here. Masters, they're already kicking it off. Mr. Tiger Woods, he'll be playing today. Pretty remarkable. Who's in the lead? Let's see. Patrick Harrington, he is in the lead. Two birdies back-to-back on three and four. He takes the early lead in the Masters at 9,000. What I will say, folks, Masters. I love golf. I don't watch it that often, but you can't go wrong watching some of the Masters, man. Some of the majors, especially the Masters. And boy, if Tiger is ever in contention on Sunday, man. I was chatting with friends today, saying they'll probably have Super Bowl-like ratings if he ever gets it done. We'll see. He's dealing with, I mean, he's remarkable. He's back after he had that huge accident. What was it, a year ago? A year and a half ago? Huge. Huge damage to his leg. And he's back playing, let alone he's the only guy that's ever won, I think, a tournament after getting that spinal fusion that he had going on. Just amazing stuff. And if you haven't done it, the Masters app. Amazing app, folks. They were ahead of the curve. It's been amazing for many, many years now. You download the Masters app. You can follow along different pairings. You can just be on the hole you want to be on. They have a number of different broadcasts in terms of you can follow the pairing you want. They follow a number of pairings. It's really cool. Check it out. I usually download it for the Masters and then I'll delete it on my phone on Monday. Because I really only use it for those four days. Today kicks it off. Masters. Pretty cool. It will be interesting to watch to say the least. But before we get there, the market is interesting to watch, folks. We got some oscillation in both directions. You got the SMP right now. Back to positive territory. NASDAQ positive by 31. Dow, negative by 142. Stay tuned, folks. We got our man Basil Chapman. Coming up next, folks. You got three minutes till Basil does his opening call on the top of the hour update. In that time, you can head on over to the front page of TFNN. Sign up for the opening call. You'll be ready for Basil's webinar next Wednesday. Thanks so much, folks. Have a great Thursday.