 The following is a presentation of TFNN. The TFNN Bull Bear Training Hour. Every training 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 Training Hour. Now, Tommy Ants, Tommy O'Brien. Welcome folks, appreciate you going around and proud of what is out here. We have the Dow Industries up 48, Nasdaq's down 4, S&Ps up 3.5, Gold's up 11.90, trading at 15.16 an ounce. We've got Silver up 48 cents, $18.28. They're both catching a bid. Gold's up about a percent, Silver's up about 2. Tom Nolley makes sense. Silver is highly volatile. Light Sweet Crude, Light Sweet Crude trading flat, $56.00. Two pennies, you get notes and bonds. You get the 10-year down one at 129.25, the 30-year flat at 160, and Kingdala, Kingdala up 129.6, trading 977.60. The euro is at 110, the yen is out here at 108.5, and the pound is at 128 to one that U.S. dollar. And we're going to start with Amazon. Got it, right? Can I just jump over to the overnight chart, man? Because boy, oh boy, I guess I jumped across, but check it out, right? So they come out with the earnings. They miss on earnings per share, right? They also guide down for the fourth quarter. They're looking for $80 to $86 billion, not bad, over the next 90 days of the holiday season. But the market was looking for about $87 billion. So that is quite a miss. I mean, they could miss by $7 billion over 90 days of revenue. The stock spikes down to 16, 18, but give it 24 hours, man. And we're up almost $100 from that low, 17.05, still down more than 4%. You know, that's a big move on a company the size of Amazon, but man, that is a quick rebound, and we can get into it more. I just want to kind of show that overnight action. And what you're going to have here, folks, this is, you know, I suspect we're going to be right back down here. It's going to get interesting because this is going to be, so here's your high volume low that it went after, 1672. Well, yeah. When we go to 16, 18, I was like, it went after and they crushed it. Yeah. That's pretty cool. Because this was trading at that all pre-morning. Now, what we're going to have here, so let's look at this. So this swing point has 3.2. You're already at 5. You're at 3.4. Put this on a weekly for a second. And there's a lot to digest in there, right? As you pull up the chart, I was just kind of pulling up the advertising. They went from about 2.5 billion last year to about 3.59 or something this year. It's only an increase of a year. Can I just jump over to the CMEC just to get, but if they start eating into Facebook and Google's lunch. And they will. And here's the number. So a year ago, 2.5 billion. This quarter, 3.59. 45% growth in the segment year over year. Well, picture, we buy everything on Amazon. What makes sense is if you buy and you have advertising right beside it. They got your eyes, man. Why not, right? And that is a tiny number probably comparative to what they might be able to crack if they keep getting into that business. And that business there is like the AWS business folks. Huge margins. Yeah, there's no cost for them putting ads on top of the screen space that they already control. Right. So let's take a look at some of the other higher volume equities. We'll see whether they get any volume out here today in the marketplace. Oh boy. PG&E. We might as well go there first. Another one. I mean, not another one. I know that the blackouts are persisting. There's a huge fire too. Is that what? Okay. I was like, what is the new revelation? This is going right after another high volume low. I mean, this thing has been laying out here for a while. What is that? 507. Okay. 528. Yeah. This is, in California, they got real problems folks. That's a real bottom line. They got a monster fire going on out there right now. Okay. If we get into the news, could we just pull it up? I hadn't heard about it. There's a lot going on, man. Amazon dominating a lot of the conversation. They were shutting down the electric simultaneously. But guess what? This is one of the biggest winds that are coming over the San Ante hills. Wow. We'll have to pull it up too. The saying here that the pre-market was down as low as 485. We're sitting at 553. So it got below that low. We were just looking at it in the pre-market. And they fear that they may be impacted in the King Cade fire, which is Burnley's 16,000 acres north of San Francisco, Sonoma County. That's kind of where some of those blackouts were, right? Yeah. And today's the day. Now that has started last night, but they're worried about today, because it's today, and there's still three hours behind us. So it's seven o'clock in the morning there, is when they're going to get these wild winds in San Ana Valley. So big number, man. It just could continue. Hopefully they get out of harm's way out there. It's pretty intense. Yeah. That's the biggest thing. There's no doubt about that. So that baby's down $1.60. The next one, Intel. They come out there and it's not bad. That's a $3.60. And coming off, you know, Texas Instruments, Chipmaker really disappointed. Intel treated lower on that Texas Instruments number earlier in the week. And kaboom, man. It doesn't take long. Just like that. Look at that. Okay. So let's pull this up. Yeah? And look at this. Look at that downdraft from April, I guess. $59 and five weeks later, you're at 42. So let's see what they have to say. They have to say that they're making money hand over fist just like Amazon is. I guess so. Man, oh man, right? There we go. There we go. So let's see. Yeah. Okay. So fiscal year first. Well, fiscal year, they had seen 69.5 and now they've seen 71. Yeah. Right billion this year. Right. I mean, it's almost beaten all across the board, right? Yeah. We have the quarter they just reported, earnings per share, Buck 42 estimate was $1.24. Well, that's a big note. Yeah. That's a big hit. Definitely. And they're looking for next quarter. Like you said, Buck 24 estimate was 121. Revenue 19.2 estimate was 18.86. And when you put it in the fiscal year, they're going to crush it out of the park. Yeah. Good numbers. Yes, definitely. Good numbers. So that's the ying and the yang. That's intriguing inside the chip. The chip is definitely winners and losers. Yeah. Right. Well, that's in. Jaleed is down. Gilead. Yeah. Three 62. It's no big deal there. Let's go inside the MDX 100. The strength versus the weakness out here. So the strength is Intel. Then you get chart of communications up 5.4%. Verizon. No. Verisign. Verisign there is up 4%. Take it away from it. Look at this down. That's down. That's high. Got to love earning season, man. I'm guessing maybe. Such a fossil stock, man. Yeah. Let's look at this. Not often we see Amazon up there on the laggard. I know. 3.2. And it's only 3.2, man. That was 9% last night. Yeah. So let's see what's happening with this equity here. Nope. Can't do that. Sorry. I think I better get another screen quick here. Well, you're waiting for that computer to catch up. As you say. Well, there we go. But the numbers on Bezos, man, with these numbers are just staggering. What's he on? I think 57 million shares. And that's after the split with Mackenzie, his ex-wife. Yeah. Still he owns 57 million shares. So every $100, the Amazon moves. $5.7 billion. His personal wealth is affected. Anyway, go ahead. No, no. We'll get back to it. It's just crazy. Go ahead. So we got aluminum. This is the second gap away. This is interesting, man. I mean, you go back to July. That's their last earnings. I'm guessing. Yeah. From 380 down to 303. Yep. Yesterday it closed at 309. At 315, it smoked again. Yeah. And what do they have to say? There it is. So yesterday it was 870 million. They made 907. Maybe go page up, actually. Yeah. I think it's right here. Let's see. Being good from what I can see right away. In terms of fiscal year, 646-45, they saw 610, but there's something buried in there. They needed more growth. Right. Big growth. That's stock, evidently. It didn't grow enough. Stay right there, folks. Tommy and I are coming right back. We're going to be talking Jeff Bezos as well. Billions. If you're not currently using the TAS Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Heated by Steve Dahl, TAS understands that in today's technological world, the use of top-flight software applications and technical analysis expertise is essential to successful trading in today's market. 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A host race folks between Bill Gates and Jeff Bezos who's going to be the richest man in the world at four o'clock this afternoon because that's how they gauge this thing. Well, guess what? Bill Gates would say, as of right now, I am the richest man in the world. Again, pretty remarkable when you get that type of a turn. And, you know, we're dealing with pennies compared to what both of these gentlemen are worth, but pretty remarkable, man. When you get that type of a shift, really remarkable. I was saying to you during the break that Bill Gates has still held onto it for so long in light of now, you could say he contributed to changing the world with personal computing, right? Windows, but man, there's a lot of things that have happened since then. And still, he's held onto that title. Microsoft with a huge resurgence, which is helping him. But as of right now, Bezos has a net worth of 107.1 billion. Pretty remarkable. 300 million less than Gates. Now, that was a bigger number last night, too. This is updated as of 945 a.m. with Amazon at 1712. Well, guess what? So what is, we just did the math, right? It's ten more bucks. I think he just got them though because Bezos has 57 million shares. Yeah, that's 570 million. That's right, yeah. So, but guess what? Did Microsoft just inch up in that same sentence, right? You know, that's what you got to do. Yeah, yeah, yeah. Let's put that in the other side. Well, let me see if we can, maybe they say what that number is predicated from Microsoft because they're predicating that one on 1712. Oh, they just got to look at 945. Yeah, no, I hear you. So Bezos took the spot from Microsoft two years ago. He's held onto it that long. And they've both been just going gangbusters since then. And as you said, the rankings officially update the close of each trading day. So any change won't, but I'm sure Bill Gates will have a few words to say about that. Yeah, less really. Yeah, like it matters, right? But you know what? I bet it matters a little bit, man. You don't think that Bezos is going to be popping the champagne when he loses that top spot going into the weekend, right? I would say that, not really, but you know, it's on his radar. You can't help, but 38% this year Microsoft alone has gone up and Gates has a 1% stake, bringing his fortune to 107.4. Pretty remarkable. 60% of his portfolio in equities. So Gates 63, both of them. So young man, Gates 63, Bezos 55. And this is where they tie into it, though, that if Bezos had not been divorced, then that really would tip the scales. And that's where, because he had such a mammoth lead. Now, in fairness to Gates, if Gates hadn't been given away his wealth, you know, to poor people and countries all over the Bill and Melinda Gates Foundation and everything, he'd be up there as well. So, pretty remarkable. Can I just say, I just wanted to let us, Gates on the other hand, he may have never relinquished the top spot if it was not for his philanthropy. Jordan, well, then 35 billion since 1994. And you think about the compounding that would have taken place if he had kept that in Microsoft stock. That's just what he gave away, starting in 94. Right. So... Microsoft is up since 9.45. 9.45 is right there. That's the 9.50 bar, yeah. So it's at least below... 86 cents. Right? Yeah. Pretty wild. It is pretty wild, man. Yeah, they're saying, I don't think they care. They really don't care. But man, when you're the richest man in the world for two years and you go into a weekend and you're now the number two man, and I bet he cares a lot more about the fact that Amazon stocks down 4% for the day. It's not like Microsoft charged ahead. It's that Amazon pulled back. That is what I would say Bezos might care about. But as we know with Bezos, man, he cares about long-term growth, man. He cares about getting something to you in one day, and next year he's going to care about getting something to you in four hours. That's what made him at that point, right? Right. And so I'd say he's on the right track. Yeah. I would. It's pretty amazing that you can run a company that's just that dynamic, that lodge, and just keep pushing, pushing, pushing. I agree. Let's go take a look at the GDX. We have gold as well as silver, you know, caught a bit out here. It's always nice on a Friday. So we have, you know, yesterday we did have, you can see it right in the GDX. It stopped pushing with volume estate. $55 million. Took out the swing point there with $50, which is, that's a good indication. So today's going to be a good day, man. You know, we're pushing into a swing high from a 2836 right now, or $2794. Now that swing only has $45 million. We're already done nine. So that's a big number, because what the GDX does do, particularly in a day that it's trending higher, or trending lower, meaning if it's not flat, it puts a huge amount of volume in at the close. You know, so this is going to be coming into that swing area with volume. If we go to the SLV, we take a look at the SLV and see where just that, now this is physical solo. Yeah, you can see this. This is a nice pop, man. I'd say so. Yeah. Coming into a Friday, as Basil would say, our man coming up at noon, the day is young. Yes. We're not even an hour into the trading day, man. Exactly. It's 1030. Most of us in the market, we're up super early, right? But man, trading starts at 930. We're 53 minutes into the trading day. That's all. We bring up the contract. You're going to see this juice under this contract. You're already done 72,000 contracts. So this is a nice little move. Well, we haven't had yet. We haven't had the dollar, basically. I mean, a week and a half ago, it goes low, but been sideways since then. You get a little bounce this week. We just went 97, 146, 97, 783. Sure. That's not a bad setup. No. You got Brexit. The euro and the balance. They're going to get a new election, man? Yeah. I don't know what they're going to get. The rest of the world, including England, has no idea what they're going to get. I mean, it's just a continuum. It sure is. So let's go inside the Dow and see what the strength versus the weakness in the Dow. I mean, this market's catching a bid right now. Ooh, Intel. Yeah. Intel's the big number out there. Yeah. Now what's interesting here, right, is this is where the price weighted just does crazy things, man. It does. You got a company like Intel. We'll pull up their market cap in a moment, but just up gangbusters, they're putting 25 points into it, versus you have a company like Boeing, which is down almost peanuts. Yeah. And they're putting negative 29. Right. I mean, so Boeing, that would be down $3.40. It would be 1%, right? So you're down just barely 1%. We'll have to pull up these market caps, OK? Right. And we have Intel closed yesterday at 520. Yeah. So 260 would be 5%. You know, do the math. We're up 6, 7, 8%. We'll pull up the number, OK? And we get into what the market cap of Intel is. So Intel's up about 6, 7, 8 times what Boeing is, compared to their market cap, all right? Intel, $248 billion company, my goodness. Boeing, tinier. Amazing how this works, right? So you're Boeing, $191 billion company. Meanwhile, Boeing, down 1%, offsetting in the Dow, a company like Intel that's up 7%, right? It's walked. I mean, if you came in, in math class, in ninth grade, and you said, this is how we're going to put out the index, the teacher would be like, fail, go back to the drawing board. That's remarkable, man. And really, that's... That's a perfect example. That's a perfect example there. We have Boeing down 1%, putting more negative points in, versus Intel up 7%, 8%, a bigger company than Boeing, and somehow the index is affected more negatively for a company like Boeing. Crazy, man. It is. X, A, U, H, U, I, both of these are going to be hitting a bit out here today. You get the X, A, U. Yeah, it's a good move. Okay, so let's... I want to see if they get... We had good volume in these last night. I suspect we did. And that's just what we need. Yep, a little pop-up in volume. So we did 33 million going up to 26. That's good. Yeah. I mean, we were just at 1490, I think, yesterday. Yeah, that one quick. I know. It was either yesterday or Wednesday. I had 15, 15, and I says, okay, that was a pretty good one. Yeah, and we made it about 1520, briefly, so... There it is, folks. Tommy and I are coming right back down. Down up one or two now. I think I'm 19. I think he's up nine. We're coming right back. Hi, folks. Tom O'Brien here. 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Get your copy of The Art of Timing the Trade Chart 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. Folks, dial up 94, now it's like up 22. S&Ps up 9. And let's go look at those S&Ps again because... Getting a little bit of a pop, man, right? Yeah, I'm really curious if it got over those highs yesterday. Because the highs... I think we're through 15. That's what I was going to say, yeah. We're right there. Oh, this is so crazy, man, because it just feels that the market had some momentum here, but what is that number there? 3,015.25. Oh, my God, we haven't made it yet. That's 3,014.75. That was right on the opening bell, right, where things kind of fell off. Yeah, so let me look at the NQs. NQz... Man, sometimes you look at this... Oh, that made it, yeah. Yes. So the NQs, they had popped to... Yes, they was 79.84. Okay. And, well, you have 10 points over it. Yeah. It seems like we're a lot more over it than that, but we're not. It's been quite a run since this morning. Yeah, there's no doubt. I mean, what's the low there? 79.18. We're approaching 80 points above that level. Yeah. Solid 1%. So this is going to be cool, folks. So this is your benchmark right there. 7994.75. Oh, we're right there. Boom. Look at that. Yep. And what that is, folks, that's the highs of last week, basically. And it's pretty cool that... What is this one? 8,002, going back to September 12th, which is, you know... Right. You don't have to be a technician to see that top of the range there. No. Yeah. And if in fact this... If these numbers don't hold up here today again, it's going to say quite a bit, you know, because we've been up here, you know, quite some time. Sure. That's the reality. Yeah. And the market has a chance to break topside today, you know. Yeah. We'll see if it can handle it. The... Oh, Bezos just made another $500 million. It's only down $45. It is, man. Remarkable. And that chart doesn't even do its service, right? Because it made it to 16.18. We had pulled up the expected moves. I believe so. $62 or so forth. And see, this is what you can see, folks. You know, options are great. But what does happen is that, you know, options are traded during market hours, right? So you can imagine if, like, if you had the puts on this. Sure. Last night, right? You said, oh, this is great, man. This thing's down. But yet, guess what? As soon as that market had opened, well, it wasn't the same price. Sure. Yeah. So that's always a tough one when you're in that position. It sure is. You were in some good money. Sure is. And then if you didn't close it right at the beginning here, then you're really in trouble. Yeah. You know what I mean? Yep. Definitely. Yeah. Pretty staggering moves, man. Isn't it? And that one's on a delayed, which is why it hasn't caught up, I think, yet. We're sitting at 17.21. We know the stocks trading at 17.33 already. Yeah. Amazing. It is. The 3M, which is leading the Dow today, just when we were talking about how the Dow is skewed. Yeah. That's a good bounce compared to yesterday. That was a leader on the way down, but it really didn't get hurt that bad. Maybe some help there from Intel. Yeah. You know, talking about the sector in general might not be because yesterday they got hurt pretty bad. I know. 159 yesterday. Yeah. 166 the day before that. Close to 168. Yeah. 76, almost 169. Right. But you're at 166 again. The world is fine. It's almost like nothing happened. It is. It sure is. If you put it on a weekly, it looks like nothing's happened at all. Recently. Yeah. No, no, no. I'm just telling you this week I'm talking about. Yes. Oh, definitely. Yeah. You had a low at 159, high at 168. Because, boy, that was quite a sell-off in April and May. Yeah. Yeah. There's no doubt. The big industrials, man, when they make money, they print it when they don't get out of the way. Boy, right? So let's go over to the FTSE and see what's going on in the UK. Yeah, because they're talking about Macron in France. He's always been an integral player in there. Yeah. They're saying he doesn't want that Brexit extension. He's forced in their hand. Yeah. He wants to give them 30 days. Right. And we'll see who that checks out, man. The thing that's amazing is that what does happen is that every single European country has to say yes, you know. Okay. It has to be 100%. That's what's so wild about it. It's like, okay, how do you corral like that many countries, you know, in general? And maybe that's why things are so difficult to... Yeah. And I was just pulling up the yield. We got a little bit of a spike there. Above 1.78, pretty tame week in the yield compared to what we've been seeing across the border. And next Wednesday, folks, that's Fed meeting day. Yeah. Interesting. What are we lining up with? Up to 90. Yes, 90. 87 yesterday. Okay. Was it? Yeah. We're sitting right here in the 1.75 to two column. Odds of a cut come on October 30th, day before Halloween, 90%. And then where things really get interesting, I think, right, is that what are the odds that we get a second cut by December? We're looking at 32%. And all but assured, again, you're looking at about 94% that you're going to get a cut by those two meetings, but you get about, you know, just a one in three chance that we're getting two cuts. But that's all that's priced in there, right? Oh, I know. Because even when you go as far out to November of 2020, what's the market going to do thinking that they're not going to get another cut? Yeah, right. I mean, this is like, this has been continual, right? I mean, you know, remember, if we will go back even two and a half months ago, you know, the market was saying that, and the Fed was actually saying this in one of their statements, is that they may come in the middle of meetings. Okay. And do something. Well, I remember that. Right. I do. The world changes quickly, man. Seriously. Right now it does. And speaking of changing quickly, right, we had the yield inversion going on from the two year to the 10 year. Yeah. Well, geez, now we're under 1.6 for the two year and we're over 1.76 for the 10 year. That was inverted. That one's steep. Yeah. That sure did. Pretty cool. That's pretty amazing. It is. I mean, this whole interest rate structure, we'll find out what the market's going to want, because the market's going to, the market always wants something, man. There's just so many moving parts, right? I mean, that's what I find so interesting in terms of all the moving parts that are hitting things right now. Oh yeah, late 10. And even we had consumer sentiment out this morning at 10 a.m. as we come on the air. Let's jump on to that and we'll jump over to the Macron one. I saw that as well. Consumer sentiment pairing gains from earlier in October while remaining elevated, suggesting American spending will continue to support the economy despite weakness in manufacturing and that consumer spending, man, it better because that's what's driving everything. Oh yeah. So University of Michigan's final sentiment index rose to 95.5 from September 93.2, the data showed today. The preliminary reading and median estimate of economists were both 96. The gauge of current conditions rose to 113.2 and the expectations index 84.2. So I guess that's a decent number. And I'm just going to jump back to the Macron article because that's what I went into the top originally and we'll see how this one plays out. So you have President Emmanuel Macron blocked the European Union's attempt to delay Brexit for three months, raising the prospect the UK might not know whether it will get an extension until just hours before it's scheduled to be ejected on October 31st even without a deal. Halloween, it's going to be a spooky day for those markets over in the footsie, man. If they have to wait literally minutes before they know if they're just going to cascade out of the EU without any type of a deal. At a meeting in Brussels today, diplomats from the EU's 27 remaining countries deferred a decision on the postponement while none of them want to be seen interfering in the UK's domestic politics. France is at longer loggerheads with the others. Yeah, because look at the bottom. Macron wants to grant the delay to November 30th or even sooner to put pressure on the House of Commons to back Boris Johnson's deal because that's 30 days. Hey, you get a deal. Make it happen or not. Let's get it over with. 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And a 230-kilovolt power line went down at about 9.20 pm local time. According to a report filed with the California Public Utility Commission. And the Kincaid Blader supported to have erupted five minutes later as of Friday that scorched at least 16,000 acres 49 structures. I'm trying to figure out is that it has to be controlled in a way that I mean, I'm trying to figure out, I'm trying to figure out is that has have the infrastructure got so bad out there that this is going on now all has the heat and the winds got so bad out there that, you know, it's worse. It can probably be an and situation versus an or, right? Right. I mean, it's pretty intense, man. I mean, because, you know, go back 10 years, they had fires, but not like this, you know what I mean? It's like, I mean, what do we have? I mean, you know, not to get political on the climate change deal, man, but if you don't believe that climate is changing, I don't know what world you live in and right now, because even in Florida yesterday, we had a feels like temperature folks of 96 degrees coming into late October, right? And so I imagine that's at least contributing to some degree, but they have infrastructure problems too. So this isn't let them off the hook. Okay. No, that's for sure. That's for sure. It goes all over the place. And, you know, you can't do that when they're in the middle of the desert. That says you can't do that when you're going to be dealing and guess what? It's only going to get worse no matter what we do. And I think we should be addressing that climate change, but it's only going to get worse. Okay. These, these, the storms, the, the temperature swings. It's a new high every single week in Florida in terms of temperatures. So they better, they better get that stuff in order. Let's go take a look at this NDX because it looks like the NDX is starting ready to get getting ready to sell down a little. We'll see how this shakes out. So you got, what, 10, 4, that's 10, 40, and then I'm going to keep your eye on the NDX is going to be this 79, 84, you know, you're above it. We stay above it. You go a lot higher. I start giving it up for me because what has happened, the reason I'm saying this folks is that each and every day what has happened is that, you know, the NDX is with always seems to be the first one that gets above the high and gave it up, you know, the, the S&P had a harder time. I don't think it, no, the S&P didn't make it this morning, you know, they only missed it by a point though. We went to 3,014, it's 3,015, 25, not even a point, a half a point, 50 cents, 50 cents. Yeah, exactly. Pretty wild. How about Bitcoin, man? We're getting a little bit of a pop on the reprieve that we got yesterday. I think we're up about $200. Let's see where we load up there. Yeah, up 228 bucks still sitting 76, 85. We were kind of hovering around 8000 for a while, but Bitcoin up a couple hundred bucks, but Bitcoin been in trouble for a while. Man, that was quite a pullback two days ago. Even today's pop, nothing too dramatic, but 15 years. Whoa, whoa, baby. 15 year chart of Bitcoins. Yeah, we'll do it, we'll do it about five, I'll do five. Give me a weekly if you could. Yeah, okay. Ops, that's not it. That's all right. I'll do a weekly. Just because the early days are almost non-existent, right? And you stretch that thing out. I mean, the fun begins, I said the fun begins basically in 2017. Because what are we trading at there? $745. $745. I mean, it's really remarkable. You go back to 16, I think there were 200 somewhere, 600. 482 at the beginning of 2016, 482, 19,511. And right in that week, they introduced futures. Amazing, right? Got to keep that in mind. It is remarkable that that is how that played out. In hindsight, hindsight is always 20-20 and seemed like the easiest thing in the world to say the first time that you could short Bitcoin on an actual regulated exchange on top of things that they then cascades, of course it does. And just here, give them- Go ahead, go for it. It only cascaded folks, okay? This is a weekly, so you went from $19,500 to $10,700. Is that a lot? I don't have my calculator out. Is that a big number? That's insane. What is that for a percentage? Is that a big number? I mean, you know, you're just like, okay. It is, man. Pretty crazy. That was the, no doubt, the ultimate and- And you got, of course, now you got a good old zuckster out there saying that we're going to introduce a currency and, you know, don't worry, we're not a bank, we're not filing for a bank charter. And I literally, I don't know what politician was behind questioning him on that line, but do you hear that one? I don't know if he's a Republican or Democrat, but I loved it. You're saying that's the problem. That is the problem. That you are not a bank, you're not filing for a charter, and you're about to, you know, because he said, would this be like me having money in Wells Fargo? Yeah. He said, well, you know, it would be like that. And then he kind of caught himself. I felt like he said, but we're not a bank. Right. We're not filing for a charter. He said, that is the problem. Exactly. You know, you don't want to be regulated, and you want to basically control currency. Did you see, I heard the guy saying the zuck buck. And then they had a picture of it, the zuck buck. Yeah. I don't want, I don't want- It's all a struggle, folks. I don't want Mark Zuckerberg on my money, man. I don't trust him at all. There's no way. Actually, did you see Dorsey was going after him yesterday? Good. From Twitter. Good. And he was going, well, this is interesting, too. There's a time you were showing me, folks, on Dorsey's numbers yesterday that they were saying- They said they had targeting issues. Right. Right. And so that, and maybe, you know, listen, if you're out there, give us call 877-927-6648, because what I said is I think, you know, targeting, guess what, Facebook is brilliant at targeting, man, almost to an evil way, I would say. And maybe Dorsey in Twitter was saying, listen, we can't be collecting this data and targeting people in ways that are not appropriate beyond privacy. Right. But guess what that did? It sent the stock down 20%. Right. Okay. It makes less money. It does. And I would attest that Facebook is not willing to do the right thing if it comes at the expense of profits. Right. And you see that continually. Right. And so, yeah. Yeah. So Dorsey was out there giving it to him. Good. Somebody's got it. And it was about the speech that he was saying- Okay. Yeah. He's not doing it. No. I mean, they already had what was the memorandum, you know, they already got caught violating trust. Yeah. And they were supposed to be doing things in accordance with that agreement. And they just broke it in an amazing way in terms of just the gall to break it with. But it doesn't- Well, when you, you know, I mean, that FTC fine was one of the largest they ever had. But for a large company like Facebook, that's nothing. No. You know, that's- No. That was akin to basically a capital expenditure. Right. To allow them to grow. Oh, yeah. You know? And you could almost- That's why you should have even more punitive damages, okay? Because it should be more than that. Because that doesn't dis-incentive us. No. Because they did that. They did it. But guess what? Now they own the world. They own Instagram. Yeah. They own WhatsApp. They own Facebook. They're about to release a currency. And $5 billion is nothing. And then one of the questions was great. Because they had told the European Union that there's no way they can integrate WhatsApp into Facebook. And did you have that question? No. And so it took them 15 months in order to do that. And so they were asking the question about, well, you know, you can integrate, you know, these payments into everything. And he just kept going around it, meaning, and of course, in technology, you know, they might have already been able to do it, period. Sure. Even before the fact. Ouch! And like, you know, in technology, guess what? You know, even another six months... Yeah. Get in two years. I don't believe anything. Right. Of course they can do it. Why else would they have bought WhatsApp. Absolutely. Yeah. Dow. Dow's up 138, NASA gets up 33. S&Ps are up 13. Tommy's going to be right back, folks. All right. You're wrapping it up. I'm wrapping up. Have a good weekend, man. I'll be right back to finish up the program, folks. 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Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a 2 week free trial to the opening call, Basil's daily trading newsletter, by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your 2 week free trial to Basil's newsletter the opening call today by visiting TFNN.com. Welcome back folks, we got markets in positive territory, S&Ps up 13 points right now, 3,017, we just climbed above that 3,015 price point, the Dow now up 131 Nasdaq up 30 points, gold backing off a bit, gold up about $9 now trading at 15,1440 and we've got that dollar index up 161 ticks at $97,792. We're going to finish the program up with a little bit of impeachment politics. Why not folks? Because it's going to play into things. You know, it's political season, we got almost a year until the general election and the news coming out just this hour, former national security director, John Bolton's lawyers are in contact with the impeachment probe. This one particularly interesting because of the news that was coming out last week in terms of Bolton reportedly being so disturbed by the efforts to get Ukraine to investigate President Trump's political opponents among them Vice President Biden that he called it a drug deal, talking about Giuliani being a hand grenade, I mean Bolton, if he goes out there he could just be another, quite a witness there talking about his exact involvement and having been in touch with that but coming out just saying he was so disturbed by the efforts to get Ukraine to investigate President Trump's political opponents calling it a drug deal. That is the national security advisor for the president being so disturbed by the president trying to use a aid package to force other governments to investigate his political opponents. No matter what you think folks, that's not a country I want to live in. Wrapping it up again, markets in positive territory. Stay tuned folks. Last market coming up next by thinkorswim TD Ameritrade folks, if you haven't checked it out, head on over to the front page of TFNN, download that demo account, great platform thinkorswim. We're always checking out those one-day expected moves, yesterday Amazon $62 earning season in full swing, Basil Chapman live at noon, Steve Rhodes live at one o'clock, Dave White live at two o'clock, live programming all day, should be an interesting Friday. We've got markets moving, who's going to be the richest man in the world? Jeff Bezos, Bill Gates, we'll find out at four o'clock. Stay tuned folks, we'll be right back.