 The following is a presentation of TFNN The morning market kickoff with your host Tommy O'Brien Good morning, everybody Missed you yesterday. Thank you for our man Basil Chapman fill in I'm jumping around a bit But I'm excited to do the program this morning folks. Where do we pick things up? Positive territory we have the S&Ps right now sitting right at about 4800 on the dot we're trading I mean, how about the monthly for a moment, right? I kick things off on a monthly basis and we have the S&Ps right now trading at 47 99 And boy this monthly chart is something else But let's zoom in on the action this morning. You're the S&Ps hitting about 4800 yesterday overnight You drift higher you see a little bit of a sell-off yesterday in the close We get above yesterday's high briefly. We're trading at 47 99 right now in the S&Ps 4804 was the high as of yesterday How about the NASDAQ 100 man had a little bit of pullback on Apple yesterday? We'll talk a little bit about that in a moment, but boy It was Google charging higher yesterday to my producer right as we came on the air there I'm not sure if you turned something up But my feedback is just ramped up where I'm hearing a lot of static in the blankness And you jammed up my audio at the end whatever you did there If you could take a look at that Okay, so we have Google shares look at that acceleration yesterday from 134 to 138. You're sitting at 137 64 Right now. We're a little bit higher. Give me one second then. Yeah, forgive me. I'll get these audios together One second folks Okay, we'll get it figured out Nonetheless, we get the NASDAQ 100 up by 60 in the Dow up by 56 37,734 We hit basically almost right up the highs that we saw last Friday and you get the Russell this morning up by 15 at 2020 crude trading up about 31 cents right now crude 73 12 we hit 74 61 yesterday. How about that gold contract folks gold up $3 right now at 2044 off of the hose highs of this week of 2062 If you haven't checked out the gold report folks an absolutely great time to do it without a doubt You jump over to notes and bonds the tenure Just chopping around at these relative highs, right? We're sitting at 112 15 right now on a relative basis You put it back to a daily. Yeah, we're just sitting at the 618 of that entire move Fibonacci's man They run everything The tenure 112 15 right now. You're up by seven ticks. We're sitting at that 618, you know Maybe you get a little bit of a consolidation here boy It has been quite a run from 105 10 about to 112 15 You're talking about seven full points from where we were two months ago October 20th folks It's December 19th. You got six days until Christmas next Monday. Do you got it done? You ready? You better be There's your tenure. We jump over to the dollar index as we have yields Pulling back you got the dollar index pulling back as well down again the dollar off 24 pennies at 102 32 We take a little bit of a bigger picture on the dollar index and How remarkable is this right? I mean probably one of the more remarkable stories now listen the dollar factors in everything okay in terms of our rate structure versus the rate structure for Every commodity shoot every currency within it But what you have is that you are sitting at the same price point that we started the year off with and in the context of where We are on the tenure jumping around Pretty interesting that you're right back to where we were At the beginning of the year right pretty remarkable in terms of the volatility We've had where we are where we started and we're right back there. You jump over to the volatility index this morning the VIX Trading at 1251 put this back to a little 15-minute chart for a little context Yeah, slightly elevated off of the lows of last week when we got an 11 handle But we're sitting in 1251 as we come into very little volatility coming into Christmas coming into that Santa Claus rally end of the year I don't think anything gets in the way of this market before the end of the year man Even all-time highs so you got the S&P futures right now sitting at 47 99 75 4808 is the mark on the futures for the all-time high right when we kicked off 2022 and man you talk about an acceleration man from 4100 and change and you're talking about on October the week of October 10th 20 It's excuse me 28th and just like that man. We're pushing all-time highs You jump over the Dow for some contacts Dow futures trading 37,738 Well above the all-time highs that you made Nasdaq 100 sitting all-time highs making them again 19,961 right now and how crazy is it man? You want to see something really bonkers, okay? And we all know it And you got to go back more than three years now, which is remarkable I used to like to pull up a three-year weekly for some context on a bigger longer term picture The Nasdaq 100 was at a 6,600 handled the COVID lows now listen you couldn't cherry pick the COVID lows Okay, but I remember on a long-term basis man If you had cash and that market traded from almost 10,000 down to 6,600 Yeah, you've now gained more than 10,000 points yet again as we push over those all-time highs Just video game style numbers as they would say all right. Let's jump around We'll kick it off with Apple the big dog. I mean does this get more parabolic man? They're the biggest company in the world now, let's take this line off here. Whoops. Let's move that one Let's move that one for some clarity Apple was already on a tear when you came into COVID this thing started 2019 off at 35 bucks You drive up to 145 Yeah, look at this Apple and COVID was at 53 bucks. You've quadrupled your money Even if you bought Apple at the beginning of COVID two and a half times your money just absolutely remarkable But Apple just made all-time highs. That's on a monthly basis. We put it back to a daily for some context You just got above that number. We're backing off a bit this morning. We are higher There's your five-minute chart and I wanted to zoom in on the last two days yesterday You see the drive from 196 to below 195. We're back to 196 41 and we jump around and yeah, they're talking about the Apple watch I was reading this one last night so Apple is racing to tweak the software ahead of the looming us watch band this one happens Thursday, man So they're gonna stop selling these watches on their website as of Thursday. They're gonna So it's a ban imposed by the International Trade Commission. It has to do with a Company Massimo, okay, they could settle with them they're preferring not to take that route and and They are barred in certain countries over legal disputes and this one is a big one that they plan on stop selling the prohibited watches on its Website on Thursday, they're gonna sell them from their 270 brick-and-mortar outlets by Christmas Eve Yeah, so the series 9 and the Ultra 2 the lower-end SE watch is still gonna be available and what this has to do with is the blood oxygen level and the algorithms that they're using to measure them and so what do they have happening? They're trying to get a software fix going and we'll see if they make it happen But not the easiest thing to do when you think about it right in terms of that was a big thing getting the blood oxygen level within the I Watch I have an eye watch folks. I love it. It's absolutely awesome You know I'm into tracking steps, I like to keep track of steps all that good stuff and it it is pretty cool and Interesting something like that could be such a game changer. All right folks. Stay tuned. We'll be coming back We'll be talking our man Kevin Hicks from TD Ameritrade Thicker Swim. We'll be right back after the break. Stay tuned Tigers tis the season for leveling up your trading skills Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday December 20th 4 p.m To 5 30 p.m. Eastern Basil Chapman will be discussing major sectors and stocks that are coming off their lows in order to Prepare your portfolio for 2024. This is a free webinar for all opening call subscribers If you are not yet a subscriber visit the front page of tfnn.com today to secure your spot for Wednesday December 20th Tfnn educating investors If you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter You should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and Technicles sign up for rocket equities and options report today with a 30-day money-back guarantee So you have nothing to risk for all the details and to start your subscription today visit the front page of tfnn.com Tfnn educating investors 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 Larry will also provide daily charts videos and data on the key markets That he's tracking expect notifications from Larry on market movement You need to act on at any time first time subscribers also get a 30-day money-back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up Subscribe to the Fibonacci 24-7 newsletter today tfnn.com educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing it number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of Trading knowledge every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market Newsletter mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at tfnn all our newsletters come with a 30-day money-back guarantee So you have absolutely nothing to worry about visit tfnn.com and try mastering probability 30 days risk-free today tfnn educating investors folks we solved the audio problem I Got it fixed on my own not my producer Al, but he helped me work through it. So thanks. I'll appreciate it as always pal Okay, we got the market in positive territory, man I mean what stops this market coming in the holidays, right? So we come into just to recap where we are on the week. It is Tuesday. I know you guys all know this and girls We got six days until Christmas Friday's gonna be a ghost town for all intents and purposes. We have Christmas on Monday You get New Year's Eve after that As in everyone's gone on vacation and pretty soon folks and we're just not gonna get the type of Market-moving economic type numbers that can really hamper this acceleration and you're seeing it in yields play out for sure Now, what do we have the yield sitting at right now? We're talking about a yield in the 10-year You ready three point nine two three point nine two what happened to five What happened the days of five percent now in context? You're still getting almost four percent on your money over a ten-year basis folks We haven't seen even those types of levels in a while. I'm gonna give you some context here before we jump around Here's your tenure now You put this back on a longer-term chart, okay, and yes, we are off of the lows Okay, which brings yields down But folks you are still getting in at 2008 prices we lived in very extraordinary times from the years 2008 to 2021-22-23 call it what you want right money was free capital was free not sure we're going back to those days So if we're not going back to those days Where's the point that this could go? Well, we're not going back to those days as in I don't think you're gonna see the 10 you're up to 134 140 unless something breaks as we have conversations with the occasionally But what is important to note here is that? You could get back into a range of at least getting up to 117 maybe 120 something like that, right? Yields still not bad at 4% there is room to go man The Fed has not even cut yet gonna be interesting to see how this market reacts as we go forward The Fed has not even cut March getting a lot of attention rightfully. So we'll see where we go from there, right? All right, what do we got going on? Let's jump through the headlines as we kick things off we talked about Apple and Yeah, how about that iPhone as excuse me the I watch? 17 billion dollars a year Think about that man. I would love the breakdown I if I had the time I would do it in terms of how many companies take in 17 billion dollars a year in revenue That's just the I watch and I'm telling you it is a phenomenal product. I love it Nonetheless they're dealing with some real problems here the blood oxygen feature was first added to the Apple watch in 2000 with the series 6 model at that time Covid was raging and some doctors use blood oxygen levels to assess the impact of the virus on the patient's ability to breathe And it can monitor a person's level throughout the day. You know what? I do love and this is the cool part about the I watch man is That you can see Trends that you never would have been able to see otherwise for instance your resting heart rate Okay, that's something that I noticed when I'm really being active when I'm working out a lot when I'm doing a lot of Cardio whether I'm just walking around with Tommy doing a lot of stuff Getting out and doing some jogging. Maybe it's some of that Florida heat I could actually see the resting heart rate when I'm working out a lot It comes down more when I'm not working out. I've seen it rise a bit those types of things I think are gonna become much more common as technology picks up and it can track your health and fitness Yeah, so nonetheless Apple dealing with some woes if you want that watch before they have to get it out of there Excuse me. Well, you have until Thursday online and you got till December 24th in stores to purchase that watch Let's talk a little housing housing starts unexpectedly rise to a six-month high construction of new houses jumped almost 15% in November Guess what? My dad's not the only builder. That's a little excited about the rate prospects coming down the line Starts of single-family houses rose to the high since 2022 14.8% 1.56 million is the annualized rate The median forecast was looking for 1.36 million, you know what that means folks That's 200,000 extra houses and what's remarkable is It rose 15% last month but they weren't looking for a rise at all because a Point to 200,000 increase over 1.36 is about 15% So the economists were looking for 1.36 which was flat and residential starts were up 15% 200,000 extra houses not 1.36 1.56 percentage wise. It's just bonkers in Terms of a beat construction of single-family houses jumped 18% to the highest level since April of 2022 While starts from multi-family projects increased six point nine percent Noticeable uptick. We'll see where that goes in terms of where rates go from here Yeah, all regions reported increases in housing starts in November 16.3% jump in the south new construction Doubled in the northeast and rose two point one percent in the west and one point four percent in the Midwest So if new construction Doubled in the northeast is that a hundred percent? This is where percentages and numbers can be deceiving Do you see how they give us this wrap up? I mean, it's just something to pay attention to when you're writing Because that is confusing as heck in terms of what those numbers really detail in terms of new construction doubled It was up 16.3% in the south, but it doubled in the northeast. Is that a hundred percent? It might be Nonetheless some big numbers there. What else we got pulled up? Who for all of you? Oh, come on. I'm logged in. What are you doing to me? What are you doing to me New York Times? Hold on one second for me? Let me make sure we're logged in here one moment Because yeah, boy if you're in the northeast, I hope you're safe. I hope your home is safe Boy, I was talking to even my mom had her fence down in Braintree. I saw some amazing videos of Sunday River which I used to ski at in a child now that as a ski at as a child just Destroyed one of the roadways walked away washed away and yeah, the wind up there was pretty extreme We dealt with some of that down in Florida the storm we had ripped up there I hope everyone is safe up there because boy mother nature remains undefeated some of the visuals some of the videos coming out Yeah, hundreds of thousands of people without power and that's where you got into some of these areas man in terms of Look at in Maine. You got Boston, Massachusetts, New Hampshire and boy if you're in that area Check for wind damage. I hope you're safe out there And boy if you pull up some videos that Sunday River because I remember go I'm a golfing golf and listen to me I'm a Florida boy now Florida man. I remember ski Oops, I'm doing it again. I'm turning up my own audio here by sitting on my mic. Excuse me And I'm just getting set up in a new office folks. I'll have the full setup tomorrow I'm making it through a few things But yeah, I remember spending some great weekends up there skiing on Sunday River If you have never taken your kids skiing folks, even if you're in Florida try and make it happen boys To love skiing as a kid. I could never understand I'm jumping around a bit. I could never understand you wake up right your kid I'm probably what eight years old nine years old or something. I'm like, we're here to ski It's seven in the morning. The slopes are open at eight. Why aren't we getting ready? Why? Dad, why aren't you getting ready to ski first thing? That's why they're here. Well now I'm a dad I'm in my 40s and I understand you gotta start off a little coffee got ease into the day Then you hit the slopes Sunday River. They get that repaired. I'm sure they will Stay tuned folks. We're coming back for the open. 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Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch Tiger TV That's tfnn.com then hit watch Tiger TV Welcome back folks. We have the S&Ps right now as we open the trading day up about six points trading at 4800 on the dot We got about four points away from that all-time high in the futures at 4804 this morning Nasdaq 100 Do we get ourselves a 17,000 handle? We're only about 30 points away. We'll see how the big dogs do we'll jump around them to Them in a moment you get the dial right now up by 32 points to Russell up by 16 How about Bitcoin hanging tough at about 43,000 right now 42,925 You jump around to the commodities gold up about three dollars at 2043 right now you jump over to the gold contract Come on. Excuse me gold it to that silver 2421 right now and we jump over to notes and bonds when we're sitting at what almost three point nine percent right now Pretty remarkable. How quickly things go three point nine percent All right, let's jump around to some of those fang stocks the magnificent seven are they fang? I think fang is out of favor Maybe I just got to start going the MAGA the magnificent seven Apple up by 55 pennies 196 52 we jump over to Microsoft shares barely in the positive they rise on the open Microsoft shares up about 21 cents at 372 91 I'm gonna get that 17,000 with 13 points away. Look at this market. You jump over to Google Google shares charge higher yesterday extend that today. It's always remarkable when these terms Settle anything the market loves it because you know what the market hates folks? Uncertainty market can price in everything except uncertainty and when it can't price in uncertainty It makes you take Extra risk for that in terms of the value you what you eliminate that uncertainty the value usually goes up and guess what? No, that's not the one I wanted. Sorry. We wanted this one a little 700 million dollar payment for anti competitive behavior It'll get your stock going man Google agreed to pay 700 million to allow for greater competition in its play app store Google is going to pay 630 million into a settlement fund for consumers and 70 million into a fund that will be used by states Which will still require a judge's final approval and this is between August of 2016 and September of 2022 and guess what everybody's gonna get $2 and may get additional payments Everyone's gonna get at least two bucks. Make sure you get your name in there. I mean, that's kind of a joke, right? They're accused of overcharging consumers to unlawful restrictions over the distribution of apps on Android devices and unnecessary fees for in-app transactions That's always the part that goes along with it did not admit any wrong doing. I don't know how you pay all these for 700 million I mean Nonetheless, that was what did we just say? 2016 to 2023 Okay I'm just gonna give you some quick context here in 2016 They entered the year to be fair. They said August So Google was trading at around we'll call it 40 bucks. We got 39. We got 38 Google was trading at 40 bucks Well, we're trading at $140 right now. Okay? This company Come on catch up Get you up for me. How many shares we got outstanding? Oh I don't have everything tied together. Excuse me. There's Google There we go, I Mean you're gonna see and we all know how it works, okay? But the fees are supposed to disincentivize behavior folks, but in reality They've just become part of doing business with which is unfortunate I mean the whole point of punitive damages, right? Recall this when you're going through school and we're jumping around a lot today, but it's kind of a little bit slow man We're coming into the holidays, right? It's not like we got a ton of economic Activity out there. It's not like we have a ton of earnings. Okay, so we're jumping around punitive damages. Fine They're supposed to disincentivize behavior, right? So a punitive damage is supposed to disincentivize future behavior because otherwise Car companies could actually make the calculated car companies. This is the example that in my mind pops out but any company could make the calculated decision that Let's just say and I remember there was one example I remember learning about it in school when I first learned about punitive damages This is how as a kid, man. It is remarkable sometimes And how does the human brain work where you can just certain moments of days that are decades ago stick out I Remember learning about punitive damages and I remember going over the example case where it was a car company And I can't recall the specifics, but basically they realized that they had a problem It was an older car They realized they had a problem with the car and it was dangerous and they realized though that if they fixed all the cars it would cost them X amount of money but if they just let the cars stay the way they were and Paid out all the claims that could result from the damage that was going to incur to people the harm that was gonna Get done it would actually cost them less money to allow all that harm to happen and to pay out those fines and penalties and fees and damages to the people who got hurt then it would To actually make the change and therefore punitive damages are to make sure companies know that if you make that calculation And you make that economic decision that you're just going to pay out the damages because it's less expensive than Doing what's right and what's required by the law That they'll come for you for extra charges to disincentivize that in the future And I feel like there should be something on the financial spectrum that does that because right now These companies are making decisions that they factor in sometimes some of these things now Google I just said went from 40 to 140. Okay, they have 12.5 billion shares outstanding folks. Okay, I Mean this is gonna be I Mean what do they have to move the the needle to make 700 million fifty cents Right 60 cents is all they need to make think about that. They theoretically if they could gain $1 in value over those seven years It would be worth it to them to pay a 700 million dollar fine because they would add 12.5 billion dollars in market cap Let me repeat that if they could gain one dollar in share value, which would increase their market cap No, it's less than that my goodness Yeah It's five pennies Jeez the numbers mean nothing right they really do I Gotta get my math checked look at me My goodness Yeah Sorry for the pause, but that breaks my brain almost in terms of how the example I Want to get the exact number for you here? Yeah five point six cents. I mean crazy So Google would have needed to Increase their share value by five pennies call it six pennies to make up that seven hundred million dollar fine over seven years And their stock went up a hundred dollars over that time and going up a hundred dollars over that time my goodness This is where And what is that 12.5 billion? 125 billion is that right It sure is twelve point five billion My goodness one point two trillion dollars Google's market cap has gone up one point two Trillion dollars over the years that they were anti competitive and they harmed customers And they're gonna pay seven hundred million for that now the backdrop of that is There's a lot of competition on that place door to a certain degree. You got iTunes out there Apple Play Store or whatever it is Remember that when you see those finance man because it is the cost of doing business Hopefully we can eliminate that a little bit going forward. All right folks. Stay tuned We'll talk a little bit of Tesla when we come back They're gonna be paying their workers a little more money. We'll talk some Tesla. Stay tuned. We'll be right back folks TfNN has just launched their new trading room the Tigers in hosted at discord TfNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours And now they are expanding their reach with the Tigers den available to all Tigers and Tigris's for just one dollar for the year There's no catch or added costs when you join our community of traders in the Tigers den You can look over the shoulders of Tom O'Brien and the other TfNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas interact with other Tigers and Tigris's as they share trading ideas news analysis and discuss the market action all Trading day even at night and on the weekends the Tigers den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of TfNN.com You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market Overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TfNN.com the opening call newsletter is written by Basil Chapman Creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in Identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman in your inbox every day First time subscribers also get a 30-day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up TfNN.com educating investors Will the S&P 500 continued climb for bold trades on US large cap stocks in either direction trade SPXL SPUU or SPXS Directions daily S&P 500 bull and bear leveraged ETFs Direction leveraged ETFs an investor should carefully consider a fund's investment objective risks charges and expenses before investing a funds Prospectus and summary Prospectus contain this and other information about direction shares to obtain a funds Prospectus and Summary Prospectus call 866-476-7523 or visit Direction investments.com a funds Prospectus and Summary Prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC This program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ Folks we got S&P sitting at 4802 just kind of chopping around on the open right no real Volatility on the open we charge higher as we come into the opening bell right at 930. You're trading at 47 98 We're up by four points basically from where you're trading at that price point NASDAQ 100 We don't quite get there, but within the stone's throw man 16,991 within 10 points of that price point in terms of 17,000 Let's see how some of those big dogs are trading. We talked about apple up a third of a percent man Microsoft they trade a little bit lower on the open Google strong like bull and let's jump over to tesla tesla shares. They're up by 1.1 percent today They popped to 258 yesterday you give back some of that acceleration And we're going to get to our tesla Come on. Where are we there? We are so tesla They're going to raise the pay for hourly navada gigafactory workers in january A move that could stave off union interest 10 percent or higher hourly pay rate increase for some workers at its navada battery factory And yeah, they're working to make sure that uh the appetite to form a union and push for collecting bargaining might be diminished They're going to bump hourly workers from 20 to 22 an hour on the low end and from 30 65 to 34 50 on the high end Streamlining some levels So that several levels of workers making between 26 and 30 an hour is going to be adjusted to 34 10 percent or greater raise for most hourly workers From two to eight 30 an hour their pay as we all know though pay is important And so are the details that go along with it though many times when these unions get into the battles with companies It's not over the headline pay. Listen. It's over the headline pay But the devil is in the details, right? Whether it's what the companies want or whether it's what the workers want in terms of um Everything that goes with it right vacation time benefits healthcare Vacation all that stuff uh, and guess what? You damn right the uaw is coming for a man They just won record contracts And if you're working for tesla And you see the auto workers getting it done you see UPS drivers going to be making what 125 grand a year over five years over the next five years or something like that Folks, I know it's a startling number run the math on what you need to make to afford a home and don't Be ashamed to argue that workers who work full-time in in experienced positions Deserve to make a livable wage and right now Depending on where you are and depending how many years you go out into the future $100,000 sound like an old man is not what it used to be. Okay. So remember that Realize what you have to make to afford a home to afford a car to afford what? health insurance We have a massive problem going on right now with home insurance in florida We have a massive problem going on with car insurance right now in florida. Okay Insurance all that stuff. So you hear those numbers man, but what I always am amazed about is that We've been so used to low wages for so long and unlivable wages That a company pays somebody a livable wage and it's like oh man. How are they doing that? Folks, they're just paying people a livable wage. Those ups drivers deserve to make that kind of money being on The Well, sorry gotta turn this one down. I'll get a little better by tomorrow. Um, so I've said my piece but you know For account for for an employee Who is driving that business forward and those numbers are going five years into the future at the end of the deals that they just made Okay, they're coming off historic inflation What can you afford for 125 thousand dollars? Of course, you can live reasonably and live by your means, but you are not rich right now Man, you know, you sign a deal for a home mortgage right now Even at what just under seven percent with a hundred to 125 thousand dollars of income You might be able to pick up a median property You might and that's for a high level Experienced employee that is driving one of the best delivery companies in the world united parcel services So remember those as you get through it I think that you're going to see more companies employees Think about that and it's going to be interesting to see where tesla goes tesla is its own animal though As we know you work for elan musk Uh, you better be ready to live and die by the whim of elan sometimes All right. We can't quite get there in the naztac just yet. We got within five points 16,995 Is that where we get to before we get a little bit of a sell-off? We'll see you got the s and p's holding up pretty well 48.03 right now. You get the dow. Look at that dow, man Dow you make it 38,000 today. We'll see how the day moves forward We get the 10 year yields in the 3.92 right now. We jump around to commodities Look at that gold contract, man. So what do we got? We got gold up to 2052. Let's jump around to the dollar index Yep, it's dropping the dollar index off 37 pennies man. Look at this thing 102 18 you get dollar weakness You have the 10 year at 3.92 percent You have commodities rising and you have the market sitting at basically all-time highs across the board right now Quite the santa claus rally to come into things now. We've seen this happen before In terms of ending a year at highs We're right back to where this all started, which is just ironic that we're back within four points within five points Within three points now of where it started That's when we knew that hikes were coming This is when we knew That cuts are coming Where are we going to go? We'll find out because remember the march meeting is when they began to hike in 2022 And two years later is possibly when they're going to begin cutting the march meeting Um, but boy, we got some optimism priced into this one as we all know at 4803 The one thing you can't underestimate folks is the type of profitability the type of productivity and the type of margins Some of these companies might be able to pull together with the use of ai you start using chat gpt man And you see how so many tasks are going to be eliminated. It's kind of the same way I was sending out a bunch of emails this weekend And you just realize I mean imagine Even an email we take it for granted now, right? You can have text You can have templates for emails. You can copy and paste emails You can use chat gpt even to write emails but before chat gpt Just think about the way a computer changed the case with emails It's going to be a similar transition and think about the the productivity increases we saw with that technology Think about the work you can do sitting in front of your computer How many emails you can send out to customers versus the employees that used to have to sit there and write by hand And process each envelope stamp it and send it out. It's going to be similar with chat gpt Just um exponentially even more so Yeah, something to salivate over a bit All right, we jump around a bit You know one article I did see out here on the new york times and this one I've read a lot about it Because I had taught me as a you know a young kid. He's kind of out of this now But I remember reading about this even from the times I think they keep writing about this as he keeps surging And just something to be ahead of um aware of if you do have a young child in the house, right? there's a booming business of getting Kind of like a tongue-tied treatment. Okay That are talking about here. Let me get up to the top for a second And what it has to do with is that potentially your tongue tightness in terms of being A little bit attached to your mouth But boy, there are some people profiting off of some tough situations here to the tune of millions of dollars And it's just something to be aware of as we jump around a little bit of off topic from the market But important stuff nonetheless, we'll be right back to finish up the show folks Tigers tis the season for leveling up your trading skills Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar wednesday december 20th 4 p.m To 5 30 p.m eastern basil Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024 This is a free webinar for all opening call subscribers If you are not yet a subscriber visit the front page of tfnn.com today to secure your spot for wednesday december 20th tfnn educating investors The gold report As a precious metal gold is still king It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market The us futures market and the shanghai gold exchange The gold report Tom o'brien publishes his weekly gold report every monday morning for subscribers Consisting of coverage of the xa u hui gdx the dollar bonds the south african rand As well as 25 different mining equities with specific buy sell recommendations The gold report New subscribers get a 30 day money back guarantee so you have nothing to risk Subscribe to tom o'brien's gold report newsletter now at tfnn.com You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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We got the s&p's. Are we gonna get it? We got a point We got a point away 4807 We got two minutes left in the show and we'll see if we hit that mark before we get off the air You get the nasdaq 100 we're just about at all-time highs on that 17 000 mark as well up 40 points You get the dowp 144 points right now and how about the russell up 32 Points still well off the all-time highs But we are breaking above this natural area of resistance in the russell. That was at about 2000 We're well above you're the highs of 2033 back in august of last year. We just got above that high last week We're above that high yet again Jumping back to that article nothing to do with the stock market folks, but as we wrap up the program So this is talking about tongue-tie surgery basically in newborns and the thing they talk about here That's a bummer is that it's an unregulated industry. Okay, many of these are not covered by insurance and you know a lot of women Of course want to breastfeed And if they have trouble breastfeeding it used to be a normal situation Because it happens often and nowadays even with the age of social media and everything that comes with it There's even more pressure to breastfeed that comes with it. These tongue-tie releases. Okay are up almost a thousand percent Between 1997 and 2012 to more than 12 000 You got specialists in 25 states and the kicker is the pediatricians are not on board with this But it doesn't matter. Okay, so what they do is you find a dentist you find a lactation consultant You maybe come in and the lactation consultant will say you're having trouble breastfeeding Maybe your son's tongue is having some problems with it being tongue-tied I'll hook you up with a Specialist that can do the surgery they get a kickback from all of that And um, it's something to be aware of if you know anybody facing that just check out the information because it does happen But it seems like it's on fire and what else is on fire. We just got it 48 08 75 basil Chapman's coming up s and p's at all time