 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, Tom and Tommy O'Brien. Welcome folks, appreciate you g'roll and a problem with us out here. We have the Dow Industries right now down 12. Nasdaq off 21. S&P's off 5.5. Gold's up 3.70. We get Silver Flat, $17.84 an ounce. Light Sweet Crude off 28 cents. $55.25 a barrel. And we're going to get oil numbers today too, right? We got enough going on today. I think we might. Oil numbers. Oil numbers. Fed. We got enough to close. GDP numbers. ADP payroll numbers already. I like it. Definitely. Notes. Notes up 4 ticks. 129.12. Year bond up 13 ticks. 150.903. And KingDollar. KingDollar up 66 ticks. Trading 97.755. The Euro is at 111. The Yen is at 108.91. And the pound is at 128 to 1 U.S. Dollar. And no doubt there's quite a bit of action out here this morning. Market wise, you're down slightly out here. If we go take a look at it, I believe Yum come out also. And they're having down three bucks or something. I started three bucks down $10 now. Holy cow. Look at this thing. It's taken apart. Oh boy. Okay. So let's take a look at this. Put this back. And this is all about, it looked like it was about Pizza Hut. Okay. And it would make sense, man. Do you know what I mean? Because there are so many pizza delivery places, right? That is a tough business to be in, man. Let alone, not just pizza delivery, that the food delivery, the food business in general. In general. Yeah. No doubt. So let's see. Yum Brands fell the most of four years after a company posted sales that traded estimates last quarter. Pizza Hut change struggled to attract more diners as rivals ramp up delivery and mobile. Yeah. There's no doubt, man. Yeah. And that's just talking about their rivals, let alone like I said. I mean, you got, you know, McDonald's, right? They came out with their earnings. They're doing like $4 billion in delivery sales. That's got to hurt a company like Pizza Hut. Absolutely. And I wouldn't have considered McDonald's a quote unquote rival. Right. Yeah, guess what? They are right now when you're talking about that they are now a delivery food chain. Oh, yeah. Let me see this. Unileva. Oh, there it is right there. Unileva. So check this out. When's the last time you ordered ice cream? Not that long ago. Not too recently, I should say. But I go on occasional streaks. Why? Ben and Jerry's? You're talking about ordering at what? Delivery? Yeah. Yeah. Not for a few weeks, but I've been pretty healthy for the last few weeks. But as I've told you, I've been on some good streaks occasionally. Okay. So this is so cool, folks. There was an article today in the Tampa paper. Okay. And what it's about is that Ben and Jerry's Unileva owns Ben and Jerry's. Okay. I was not aware. Go for it. Check this out, man. This is the most, this is the number one product on Uber getting delivered right now. Okay. And what they've done is this. So check out what they've done is that Uber has made deals with a lot of the gas stations. Okay. Okay. So because it's a gas station, it's a $24 deal. Yes. And they're showing how an Uber driver turns around and it looks like, they said it just says Ice Cream Shop. Yes. You order the ice cream, you get two quats. Yeah. So two of the quats. So I told you about this. Yeah. No, I know. We went over this. Yeah. Read this one. That's how you're cracking up. It's huge. Right. I bet. I told you. So to bring people full circle in the deal. So, you know, not only do they have regular delivery for yogurt, you know, yogurt, whether it's, so they have yogurt naturally, which is a great yogurt place in Tampa. Okay. They have yogurtology, another good place in Tampa. Okay. Yogurology, more of a chain. But then they have, I think it's called Ice Cream Now. Okay. Okay. Yeah. And all it is, is pre-packaged ice creams. Right. They're all in there. It's not just, and they'll just deliver them at a premium. Yeah. And I said to you, I didn't realize it was just gas stations. I said, I thought it was literally a guy or a girl. Yeah. Sitting in their apartment, sitting in their office. Right. They had a huge freezer. Right. Just full of pre-packaged ice creams. Oh, yeah. And that's their delivery service, right? It makes even more sense though. It's actually 7-Eleven. It's actually the place that they already have these things. So they just have a huge freezer. Right. And they have a huge freezer. Right. It's actually 7-Eleven. It's actually the place that they already have these things. So they just have the clerk, run out, grab them, Uber picks them up. Right. They're already there. Right. Well, that's how, that's what that article is about. But I bet there's people just like that, too. You can do all of them. Yeah. If it is, maybe it, it, it might make more sense because you still have to have somebody working there. Oh, yeah. You have to have somebody doing it. So to just have somebody that's sitting there in front of them an ice cream full, a freezer full of ice cream. Right. I mean, there might be enough business. It might. But I done it myself. Yeah. I just thought it was so intriguing. Push three buttons and you got ice cream showing up at your door. And they said two quats of 20 bucks. That's how it comes down to it. Well, it gets expensive. Right. Because the product itself is an elevated price tag. Right. And then you have the fees associated with it. So maybe you, instead of paying $5 at the store, you're paying $6.50 to $7. That's what they said. Right. So that brings up to $14. Yeah. Then you're paying a $1.50 service, $0.99 delivery, and a $2 tip. Right. Exactly. Pretty good. It's, I just, that's like pretty cool, actually. As if Americans need more ability to order food. Well, at least they're not even good food. Ben and Jerry's. Okay. Back to the market. So let's go look at these bond markets. So bonds today, folks. Bonds, metals, dollar. I mean, I suspect everything's going to go wild at two o'clock. Yeah. Maybe at $2.30. Yeah. Maybe at $2.30. And right now bonds are saying that they want higher price, low yield again. So this is going to be intriguing watching this thing shake out, man. I mean, you came all the way back. We came back. We tested that September 13th low. You know, we hadn't rejected it. I mean, this is. Did we test that low? Sometimes I get lost on what. Well, it didn't get to the very low. No. Okay. Because sometimes. 128-16. We got to $1.29-01. I mean, we're at half a point just to be fair on. Right. Well, my point is, is that you come back with $1.1 million and $1.1 million versus $1.4 million. Yeah. You know, I would have rather see it tested, but trust me. Okay. Yeah. Now the question is going to be, okay, can it get any traction top side? This thing is going to be on fire at two o'clock. You know, it's really wild too. Is that when I'm saying that it seems like every fed day we say that, okay, you know, you're going to get some action. And sometimes we don't, but it seems to me that today we should because it's the end of the cycle, meaning that they're not expected to cut next month. Okay. And then, okay, so what's going to be in the statement? You know what I mean? Yeah. We're at all-time highs. Yeah. So what are they going to say to placate the market? Now, what is interesting about this meeting is to do the top. So it's a little bit different that you don't get a forecast. You don't get the dots. You're going to be a little bit, so you're going to get the statement. Right. And then you're going to get the press conference. Right. And so I imagine though, a lot of what you might get in the forecast is going to come out maybe in the press conference as they're talking to Chairman Powell. And we'll see how many descents we get. Yes. Yeah. So what's the percent, the probability that the market's pricing in there right now? What I said to you at the top, right? This is pretty good. Pretty interesting, Daniel. So if you look on the bottom graph here that we have up on Tiger TV, the white line is the probability of a hike. Well, that line has been at zero since the beginning of August. Okay. Now, that is for this meeting only. Right. Okay. What's so interesting is look how far we've come. Now, if you back it up, okay, about end of May, call it almost June 1st. Yeah. So this is when the world was a different place. We were looking for hikes. Hikes. Okay. The odds of a hike was almost 100% in March. You were still at 80% in May. And the world changed a lot. So then you see the odds of a hike, basically plummet. You see the odds of a cut. Yeah. Begin to elevate. They both kind of elevating our 30. And it's just been, and look at the volatility. And that's where we saw the difference in rates, right? When we went from August to September, but nonetheless, you got the odds of a cut at about 100, odds of a hike at zero. Right. And we get the news at two o'clock. Yeah. And there's a question about the press conference. Yes. This year, there's a press conference. Every FedMe, that's how this thing is working this year. Paul changed that whole deal. Here we go. Stay right there, folks. Tommy and I are coming right back. If you're not currently using the Taz Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The Taz 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. 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Hear all of the TFNN shows plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tiger's Den are on the front page of TFNN.com. TFNN has launched our brand new website. You can still visit us at the same TFNN.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Call now, toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks. That was up by 19, now it's 6-9. S&Ps are off three and a half. We're going to have the oil numbers coming out, so let's go take a look at that oil market. We sure are. So jumping around first, we're looking for, in terms of crude oil inventories, 1030 looks like the whisper number, an increase of about 200,000, the median analyst survey number, an increase of about 500,000 barrels. Wow. Yeah, so we'll find out. That's why it was a while there. Usually we're getting millions. We had 9.8 million recently. No, there's just such a difference between the whisper number and the survey. Well, I like to, the whisper number, we could put in a number right now of minus 50 million barrels and that might tweak the whisper number. So be aware versus the analyst estimate, those analysts are accountable for their job, they're accountable to their versus the, this is the Bloomberg whisper number, I believe. And you can see how the whisper number changes as time goes. We have an input in that. So we'll select a number. We got about five and a half minutes checking out where we are at right now on crude. We're looking at the December contract. You're trading about $55.25. Let's see what kind of probabilities we have in terms of the volatility the market's pricing in. So what's nice is the 11 a.m. is lining right up at 55.25. If you want some bullish and bearish exposure, you're paying almost no intrinsic value. So the bullish spread costs you about 17 bucks. You're slightly out of the money here by about a penny. The bearish spread is going to be almost identical, but you're going to have that penny of intrinsic value. So it's probably going to be you're selling it and as it is about $1 more, 35 bucks or 35 pennies of movement you would need by 11 a.m. to start to break even from right where we're at. If you want a little bit more time, let's see where the 12s line up. What's nice is same exact price point and we'll just like slide it down. So here's a very easy comparison, right? You want the 11 a.m. you're paying you're buying in at 55.43 which is 18 bucks. You want exposure till noon and you're buying in at 55.50 so you're paying about seven pennies extra per side for that hour, right? So that would be a bullish spread. Same exact thing on the bearish side. You're going to have exposure from 55.25 so you're looking at about 48 versus 35. So there you basically need about 50 pennies away and let's just see if the dailies line up if you want exposure all the way until 230. So 55.50 not too bad. You're about 25 cents away if you really wanted it and the 230 is 55. So these are the only ones that line up exactly with 55.25 and it's always cool and literally within a, that's a thousandth, right? We got tenths, hundreds, thousandth, within a thousandth of where the contract's trading at. I mean, look at this contract. We got three minutes and 45 seconds to put in our whisper number. We're going to get another trophy mail to you, your little four inch Bloomberg trophy from the whisper number. We're going to have to break that bad boy out to show that I saw it on your desk again today. I'm going to scrap it. Okay, so I see, okay, we're down yesterday. I'm going to go for, we want to go low. All right, so you're going to be bearish. That's going to be a higher number. So ideally, if you're going bearish, a bigger build would send the prices of oil downside. It's so interesting that that's the distillate. Okay, I was going to say that just to change that quick. So the survey number is 500 grand and the whisper is 200. Let's see. I want to go with 700. Okay, then, you know, they say, you know, if you're taking tests or you're doing anything, your first answer is usually right. Go with your gut. I mean, that's like you take an SATs test prep. You're really lost and you had a first answer. They do say go with your first answer when you get lost on like that. Because the human mind has the ability to talk itself out of something, you know, with your gut, right? Okay. What do they get with gasoline? That's what I was going to say. Gasoline. Gasoline, looking for a draw. 2.3 million barrels. Whisper is a draw of 2.1 million barrels about. What are we thinking? Let's put in a number. This is why I say the whisper number. Don't give it as much credence. People just like you and me but they're pretty close, right? They really are. Okay, we got two minutes. You can pull it up right here if you want. That's an easy one to get back to. Gasoline, okay, so let's see. This type gas and gasoline. Or GLCO, Global Commodity will get us there. GLCO. Global Commodity on the Bloomberg. We'll give Bloomberg a plug for a... Okay, so gasoline right here. Okay. I believe you're right. So 169.68. Was that it? No, yes, it was. Oh, you're at the top of the range too. I like that. Okay, so they're saying that it's going to be a big draw. Okay, so I'd go with... This ain't a big draw. I'd say it's going to be a less of a draw. Okay. And they're saying that trading was not guessing in the den. We're not really guessing, right? You have a directional bias. And so if you're directionally biased, or the market to kind of confirm that with a draw or a build more than... So pulling up the gas inventories, and I'm sorry, do you say you were bearish or bullish? I'm bearish. You're bearish, so you're going to be looking for more gas on the market, so you're going to be looking for less of a draw, right? So what are we coming up with? I know, they'd be more of a draw, right? Oh, less of a draw. Yes, that's right. Okay. So look at this. This is pretty funny. We could put... I could put a build. Hey, why not? Shoot for the moon, man. So put a build of 100 or something. Yeah. Okay. Perfect. And let's just check back as we jump around to see where they're going to be trading at. Right now we got the price, and we've dropped about seven pennies in the price of crude since we've been chatting. So jumping around a bit, man. I referenced it at the top, right? We got payrolls this morning and 125,000 in October. Expectation was 100,000, but sometimes the devil's in the details. A revision in September down by 42,000 to only 93. That's a big revision. It sure is, man. So you beat by 25 in October, but you minus out the 42 and you actually, you know, gross net, you want to call it. You miss. You're going to a loss. Yeah, you sure do. And then GDP number as well. We come in at 1.9% in the third quarter. Consumers continued to spend. Growth in the private domestic investment continued to decline with a rate of minus 1.5%, but better than the 6.3% contraction in the previous second quarter. So big numbers there, and just to dig into what they had going on. Commerce department said economic activity continued an annualized rate of 1.9%. Slightly down from 2% pace in the second quarter, and economists had been looking for 1.6, so a decent number. A good number. Better than expected. Print was the result of continued consumer spending as well as government expenditures. The government said personal consumption expenditures, a gauge of spending by American households rose at 2.9% annualized rate while government grew at the 2% rate. Big numbers, man. Well, that's a close today, folks. Just how many people are buying Apple phones, too. Yeah, we sure do. These are all the earnings numbers we get. 10.30, that is today after the market. You got Apple in there. We got Starbucks in there coming out. Lots of numbers in there as well. And of course, we got Facebook as well, and there's one more big one. There we go. Stay right there, folks. Tom, I come right back. Our phone number is 877-927-6648. 2 o'clock this afternoon, folks. Fed Day is coming. Fed Day is here. That's right. We'll have those oil numbers right when we get back. Hi, folks. Tom O'Brien here. If you'd like to get my daily newsletter and market insights, then now is a great time to sign up for a 30-day free trial. Every morning by 9.30, I send out my morning letter to subscribers with market commentary on a variety of markets, currencies, and commodities to keep investors up-to-date on the day's trading action. Included in Market Insights are specific buy-and-sell recommendations for stocks, ETFs, and even options, which stops and price targets included for every trade in my newsletter. If you'd like to try my newsletter risk-free for 30 days, then head over to the front page of TFNN and you'll find Market Insights under Trading Newsletters. I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information they need to know for the day ahead. 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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, 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 Chart today by visiting TFNN.com. Welcome back, folks. So, gas crude inventories rose 5.7 million barrels. We got enough crude, man. It seems to continue to blow it out on the top side, man. The estimate was 500,000 barrels. We put in 700,000 barrels. The number? Inventories rising 5.7 million barrels. And gas inventories falling 3 million barrels to see how that is hitting the market. We'll jump back to the charts over here. We'll pull it up. Get it over here. And, oh boy, we're already in the 54s. That was quick. It's a monster move, man. It sure is. So, we're pulling up the contract. We were trading it again about 55-25. Was that number that we were looking at that we were trading at right above? And you've seen the price drop about 30-32 pennies now to put things in context again. If you were trading the 11 a.m.s, we were looking for about $35 maybe. That would represent 35 pennies and if you were trading the noons, you needed 50 cents of movement, man. We haven't even gotten that yet and we missed by 5 million barrels. So, that's where there was a decent amount of volatility priced into these products for the noon where you needed 50 cents of volatility keeping in mind that if you just execute one side of this trade, your profits are maxed out at a buck 50. So, you need 50 cents of movement and the most you can make if you trade one side of the contract alone I think it's going to digest that for some time and it comes in at 5.7 million barrels we'll see if we get the breakdown and then gas inventory is falling 3.04. Quite a number, man. Crude. We'll see what happens. Man, there's a lot of crude out there. There sure is. So, we'll take a look at the XLE see what that's doing to the XLE. So, the XLE right now is trading out nothing heavy. Down 51 cents, 58.92. It's interesting that we're still at like a 50 dollar. They can't, evidently, these companies really can't do big business at 50 bucks. That's what it seems like. 50-55 dollars. I mean, 58 dollars we've been here for, this is kind of strange actually. You can bring it back to, yeah. Was that 2006? Yeah. With a little bit of volatility in the mix in the meantime. Oh, yeah. And the frackers having a hard time, the drills having a hard time, that company the one that sells the sand, yes, that went down 30 percent. The sand for the fracking. Okay. I saw that headline somewhere. So, it's like, man, I mean, that's, you know, every time that, I guess is, hey, there's a lot, there's a lot of... How about GE? Can we jump over? Yeah. We haven't covered them yet. Getting quite a pop for GE today. Yeah, this is quite a pop. This is a pop. It's not stopping. Now up a buck 20. It's up a buck 20. Almost 12 percent on their earnings. Yeah. So, let's put this on a weekly. So, now you're top of the range on GE on this one here. So, we've been basically dealing with this for, oh, you got that's 11-20. Oh, 10-70 to 11-20. Yeah. I mean, we just came off, if you go back to the recent low, we're under eight bucks, I believe, right? 765. 765. I mean, that's a, we're talking about almost a 30-35 percent pop from that low there. Yeah. So, let's see what they have to say. What do you think? Top one? Yes, top one, yeah. Let's see what they got. There they are. Okay. So, let's see. Industrial free cash flow zero to two billion dollars? That's quite a range for their fiscal year. They saw a loss of one billion to one... Yeah. One billion. A loss of one billion to, that's going to be a profit to one billion. So, they still have a range that their fiscal year adjusted cash flow is going to come in. But, man, I'd say if you lose a billion versus you make a billion, that's quite a difference in terms of your cash flow. Yeah. And free cash flow is 650 million. That's not a lot of money for a month for a company like that. Yeah. So, adjusted earnings per share, 15 cents versus 14 euro a year. The estimate had been 12, though. So, they beat it by three cents. Third quarter revenue, 23.36 billion. The estimate was 28.77. That's down 21%. Yeah. I mean, just the estimate, though. What is going on? I mean, that is quite a revenue miss for the quarter, man. You're supposed to pull in revenue of 28 billion. You pull in 23 and your stock goes up 12%. I imagine it's the cash flow that they really like because this company needs some cash. They're burning... Exactly. So, maybe they're pairing some of the cash burn and they're going to be around and the market isn't as worried about just a complete BK running out of money. Lots of numbers there, man. The market loving what they've put out, though, man, 12%. So, fiscal year adjusted earnings per share. They're looking at 55 to 56. Pretty close. You know, the estimate was 59. So, they're basically right around that. Yeah. It means focused on shrinking and de-risking GE capital. It means on track to execute about $10 billion asset reductions. Still sees industrial free cash flow positive in 2020. Yeah. How about, can we jump in from there? Another stock that's rocking PCG, PG&E getting a little bit of a reprieve PCG, that's a PCG up almost 20% today. Now just pairing some of the losses it had over the last day or two, but still, man, 20%. What's going on? Maybe some of the reprieve. I mean, it takes back. I mean, all of the losses it had over the last three days, company's still probably in a ton of trouble, but just kind of a reprieve a bit. Because all the news I heard this morning was bad. Again, in terms of more blackouts, more wind, the fire's persisting and some of the pictures that come out of this, man, are just amazing. It's unbelievable. You got, you know, huge LA freeways with cars still going by and fires raging within yards, literally. That, you know, when I was talking about the Getty Museum, when they said that that was getting close to it, that's just like Route 128, going along and you got hills in the side and that's where that is. And that's pretty intense. The visual is just stunning, man. So this one, the headline saying as blackouts ebb, southern California wind risk surges. So power restored to about 73% of customers. Maybe that's what's given the stock a little bit of a reprieve. Los Angeles, Ventura counties facing gusts as high as 80 miles an hour. That is some scary stuff, man, when you're doing these fires. Northern California residents began to get their power back. People in the southern part of the state were facing some of the strongest winds in recent memory and utilities there were cutting service and warning blackouts could spread. PG&E said early Wednesday restored power to about 73% of almost a million customers affected by its October 26 shutoffs. I mean, that's a full five days ago, man. A million people as many as 540,000 customers are facing a new round of blackouts. So, yeah. They're gonna have to I guess, you know, once all that stuff gets burnt out, I mean, it won't get burnt out again for a long period of time because there's nothing left. I guess, yeah. That's a sad way of thinking of it, but that's basically kind of a reality. You know what I mean? No more trees, no more nothing. That's the, you know, start again. 877-927-6648 Let me see what's happening with Royal Gold. Royal Gold is down $5. What is going on here? So this is, Royal Gold is a stream of folks, okay? One of the... When you say streamer for the normal, because I wasn't even aware of that word. Streamer, I think, we stream on TV. Yeah, so streamer is that they buy the streams of cash, basically. Okay. They act like a bank. I like to call it a royalty company. Yeah, it is a royalty company. So they come into companies, they finance the companies. How many employees do they have? 23, look at that. How big are they? $7.5 billion company. Right, and what's this? I mean, it is amazing. And they take in a half billion a year. Yeah. So they're making royalties off their assets. They have 23 people managing that paper. And they don't come in until they know that gold is coming out of the ground. Stay right there, folks. Tommy and I are coming right back. The tax act of 2018, set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits, which makes these lots valuable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. A $50,000 investment at a normal four-year CD rate of 3.1% would give you income of $1,550 per year or $6,200 over the four-year period. That same $50,000 investment in the Tiger First Mortgage Program would give you $3,500 per year or $14,000 over the four years. What should you prefer? $6,200 or $14,000 of interest on your investment. If you'd like more information about the Tiger First Mortgage Program, you can call me at 877-518-9190. That's 877-518-9190. If you haven't checked out the Newsletters page of TFNN.com, what are you waiting for? 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As you said man, they're streaming interest right? It's a royal gold falling as much as 6.7% as the company and the interest on 35% of gold and 18.75% from Mt. Milligan and so this is where you have a century of gold tumbling as Mt. Milligan review raises concerns so after taking an impairment charge of 230 million on the mine and starting a technical review so the impairment charge reduced the carrying value of the mine to 522 million so this is where exactly you're talking about so go ahead. That's it, primarily due to reduction in gold recoveries, I got it. Less gold, it's costing them higher unit cost. And so they have a 35% interest in this mine which Centura is operating. Right, less gold. You got it man, you got it for sure. So what does happen, see the cool thing about royalty companies, streaming companies in general is that they get their money off the top meaning off the gross. But if it's less gross guess what, there's less money. Yes. That's where that comes down to. Reduction of gold recoveries. Less gold coming out. Less money for royalty. What a business though to think about it. 23 people, 7.5 billion dollar company. It makes me think of almost like a head-trunt a family-run fund. You can have a family fund in New York managing billions, right? And you got 10 or 20 people in the office because guess what, managing a million dollars and managing a billion dollars, yeah, there's more to do. But most of the time, you're buying positions, you're doing it electronically, there's processing, there's so forth and it's kind of similar. When you're doing the same thing, you're just getting a percentage of revenue of other people operating that business for you. That's the AMD. I believe AMD came out last night. I believe so. So let's see what that's doing. Flat really, it's down 64 cents. Yeah, that's about 2%. It's a tiny stock. So let's see what they had to say. I think you can right at the top those and tap into results, but analysts see strong execution. Let's see what they got going on here. Chip Mecca reported third-quarter results that were slightly weaker than expected, gave an outlook that was in line. Despite negative surprise in the quarter, analysts probably positive on the results noting outlook indicated continued market share gains as well as strength in new products. Let's see if we click here on the third-quarter results if that's going to get us the full. So let's see, revenue in the current period will be about 2.1 billion. What are we seeing here? Is this the actual plus or minus 50 million? AMD said Tuesday in a statement that compares with an average analyst of about 2.15. So pretty close to in line. They are the number two maker of computer processors and they're gaining on Intel. That's the top headline. Yeah, and look at this. Go for it. When you see this folks, okay, this is pretty amazing. I always look at this before they came out with the numbers, but you're going to see the jump in this number was pretty amazing, man. Now they have 10,000 employees. So look at this. We were going from 1.5 to 1.8 billion. Yes. And they're looking at 2.1 next quarter. Yeah. And then it smooths out a little. It comes back down, but that's pretty intense, man. And I wonder how this lines up only because next year very similar, right? They jump back actually to 1.9 and then to 2 and then they get the surge to 2.3 and 2.4. Yeah. So maybe that has to do with... 3rd and 4th quarter. Yeah. So we get Apple. Apple's going to be coming out after the close today. Can we do the expected move on Apple? Yeah. So we're at 242.96. So what we're going to do folks is that inside the Analyze tab and think of Swimplug, we're going to do the Swimplug, we're going to do the Swimplug, we're going to do the Swimplug, we're going to do the Swimplug, we're going to do the Swimplug, we're going to do the Analyze tab and think of Swimplug, you can just basically put that in there and get an expectation of what the move will be, what the up or down. That's right, so we're getting the one day move. 10 bucks. 10 bucks, 10.27, about 4%. Yeah. You know, you're trading at 243 and that is up or down. So basically if you're buying an at the money call, the expired on call it Friday because it's close enough. So you'd be buying both legs, volatility up or down. So we're about $10 looking for volatility, not directional volatility. Apple. What are they going to take? And then we'll pull up both their earnings because man, oh man. Facebook, so Apple's 4%. I'm guessing Facebook is going to be a bigger number because they have more at stake in terms of percentage wise. Facebook. $11. Because if they were trading at 200, then 10 bucks would be 5%. So 180, you're talking about 6%, maybe something like that. Just off the top of my head. But let's pull up because both of them staggering numbers, man, staggering. In terms of Apple, Apple almost as staggering as it gets on revenue. The only one that really puts them to shame is Walmart. They only 1.09 trillion now. No, they were at 1.1 yesterday, weren't they? Yeah, they were at that point. They were up as high as $249. Yesterday was quite a sell-off, man. So for the quarter, $63 billion in revenue, man. And look at the jump, though, for their holiday quarter, man. $86 billion. They'll be looking for the next one. It is. They're going to be there. They'll probably be there on their holiday quarter next year. Because you see the gap. Well, I say that, but check that out, man. They were at $88.3 in 2018. That's pretty remarkable. They can't grow to that degree. And products, 225. They no longer have the iPhones in there, but they may get some questions on that iPhone in the conference call when they talk about it. But they don't break it down anymore. But earnings-wise, big numbers to the bottom line, $284. And when you look at it, $2.84 per share. And how many shares they got? $4.5 billion. Not bad. Big money. They're just a cash machine. Facebook. A $535 billion company. Pretty remarkable, man. And revenue-wise, they're going to be looking for $17.3 billion. And $1.91 to the bottom line. Look at the difference in growth, though. Facebook's still growing by almost 45 to 50 percent across all the world. Definitely. I mean, they have an estimated P.E. They're looking at about 23. They're looking at 2.4 billion shares. So look at that. That's a small P.E. for a growth aspect of what they're saying they're growing at. Yeah. Pretty amazing, actually. Yeah. I mean, maybe there's some worry there in terms of regulation and being able to continue that growth. That's regulatory worry, exactly. Which they should have. We just saw Amazon come up with their numbers, right? They grew their advertising. I think it was from $2.5 billion to $3.9 billion. You're talking about advertising alone. Glad you just brought this up, too. Amazon folks, you know what they just did? They just went zero cost for food delivery. To compete with the Walmart and the likes. They blew Walmart away and Kroger away, because they both they got rid of the I read the article this morning. They got rid of the cost of doing it. They got rid of the $35. That's what you do. If you do order, you get delivered for nothing. Okay, we'll find it. Is that wild, though? Alright, we'll find it. Zero. Can always count on Amazon, too. As the zero adds more zeroes to Jeff Bezos' wealth. That's right. He needs it. Stay right there, folks. Tommy and I are coming right back. We have the Dow Industrials right now down nine. That's basically flat S&P's off Korean and a half. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we Tigers and Tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastery Probability and for the last 12 months Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer for the S&P 500 for the last 12, 6 and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is, markets can be timed, and I'll teach you the exact set of tools that I use that will transform me into one of the best at what I do. 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For more information just click the Think or Swim banner on the front page of TFNN.com Now this flat NASDAQ is up 3 S&Ps are down 2 and as you come over to our website at TFNN folks right under featured content you're going to see how man Mr. Basil Chapman he is going to be doing a live subscriber event Wednesday November 20th November 20th November starts on Friday man Halloween tomorrow we're going to love it that's right so Basil's going to be in there with subscribers you can check it out on the front page the opening call his daily trading service subscribers gain exclusive access to that Wednesday webinar 90 minutes long he's going to have a comprehensive review of the Chapman wave techniques should be pretty cool 90 minute webinar and the market outlook ahead for 2020 Basil's got some great picks already right now up 15% and 30% entry year and by request Basil's going to be reviewing many of the techniques for the current subscribers and new subscribers that helped him in their successful analysis that includes the rhythm of price movement in all time frames the practical application of moving averages the arc and cup formations and the Chapman wave notations and he'll also be discussing stack sectors and stocks of the of importance going into 2020 and of course that'll be archive so check it out get in there great service always putting out updates for subscribers over the weekend Monday morning his trader corner I encourage people to check it out and of course 30 day money back guarantee and that'll get you all the way through November man pretty cool and what do we got tonight man World Series game 7 so so wild too because they the home team can't win it man I know we'll see if they can win it tonight so the the home team it's in Houston you got the Nationals and the Astros game 7 pretty remarkable the first time that they have going to a game 7 that the home team hasn't won a game and I actually heard a stat not sure if it's true first time in NBA NHL or major league baseball did the first six games of the series the home team hasn't won a game 1400 series amazing it is stay right here folks you can think of swim coming up next that man Mr. Basil Chapman Steve Rhodes Day wait I'll be back this afternoon thanks pal thanks man look at him folks