It's this is Corbin. Hi Corbin. Hi. How are you? I'm well good And you can follow us on Instagram Instagram and Twitter Twitter from all juicy come to see go She is on the way juicy content is here today Today you just you just saw full-blown Broadway musical didn't you yep? What? Today we are reacting to a video react to this it's called The last Jews of Calcutta one more time the last Jews Yeah of Calcutta. That's what I thought you said unique stories from India. I want to read this for me The history of the Jews in India reaches back to ancient times Judaism was one of the first foreign religions to arrive in India and recorded history Indian Jews are a religious minority of India But unlike many parts of the world have historically lived in India without any insistence of Antisemitism from the local majority populace the Hindus however Jews were persecuted by the Portuguese during their control of Goa Their population rapidly declined due to their emigration to Israel. Yeah, so this is interesting very interesting You're Jewish you've I am I have been to Calcutta You can relate on two fronts and yes before you understand there's a differentiation between people who are Jewish by blood and Jewish by faith because that happens to be that Jew Judaism and being Jewish is a religious belief system the the Jewish religion But then there are also people who today are basically called Israeli that at the time There wasn't a differentiation between the Jews being a belief and the Jews being a race So like genetically you check my DNA with ancestry It shows you Jewish as a people group A lot of people here get really confused by that that you could say you were Jewish But you're also a Christian you're Jewish, but you're Hindu. Yeah, so you what? Yeah, so there you have it little 101 information about Judaism. Thank you. You're welcome. Here we go It might not be London as some claim, but the architecture of Calcutta is a bit. Yeah And not many know that some of Calcutta's major landmarks were built not by the British but by Jews The Jewish community in Calcutta still owns three Senegal's three schools and Cemetery in Narkin, Lomba Jews go anywhere for trade So the Jews who came to Calcutta the first you to come to Calcutta that was a shallow Mubadia corn came for trade They moved between Bombay Colombo Calcutta Rangoon Singapore Singapore, Hong Kong Hong Kong Shanghai and all the way down to Jakarta small Merchantships that went up and down doing trade in timber in animals and birds Plants It's largest which was During the Second World War. We were between five and six thousand About 22 different seabirds Seriously after the Second World War, there were three things that happened One was the places colonies like Australia and Canada opened their doors to immigration Then you had Indian independence And the year after that you had the establishment of the state of Israel This is people and landowners and things like that. I'm afraid that they might Properties their businesses might be nationalized and they might not get Satisfactory compensation for that very sold out and left some of them gave up very good jobs here to go and live in Basically in tents in Israel in the early years Jews at this time lived in the area that is bounded by the synagogues the Masjid Go barracks and The police station there was China power the Jewish area Parsis and Armenians. This was what what the British called the gray area That there was Indian white was European and the middle people were great Came to a point when one Jewish girl was nearly baptized You forget that this is a British time of proselytizing was big The insular Jewish society built their own schools open their own clubs and kept their social mingling strictly kosher And in the 1940s when the country burned they will have done touched 1946 I went to New Delhi. That was like today going to the moon For a girl a Jewish girl, what do you want to go to Delhi of all places so far away? 1000 miles away took me two and a half days to get to Delhi I saw everything. I saw the bloodshed. I saw the partition. I saw the famine of Bangor and for me It was very impressionable Because it was impressionable age. I saw Great Calcutta killing here in Gandhiji came to try to stop it. It was something I Never forget this scene. There is a pregnant woman heavily pregnant And she was on the road and there was a mob around her and the man had a knife to her stomach And it was just about to kill her I ran out and I tried to save her me and my brother and they we were so we were so naive because we knew that they would not Touch us not one will frighten because it was it told us. Yeah, I'll kill a really I'd never forget what I saw and I often wonder what happened to that woman Flasky lemon lives with the daughter. Yeah in a house. That's almost like a museum of Jewish artifacts During the state of their numbers Yale decided to create a digital archive of the Jews of Kolkata Capitalism my blood. So when I retired prematurely, I made a direct beeline to get back to Calcutta and love being here Yeah, Simon is a fourth generation character in you who unlike her pills decided to come back But for the rest, Kolkata was just another stopover on the journey So what happens to the Jewish heritage after them? We have just set up about six months ago controlling trust which will be like a holding company for all our institutions and I was in the States a month ago trying to find Possibly an organization there that might be interested in supervising what goes on in Kolkata So we are also looking towards the communities that still exist in Singapore and Hong Kong, which are much closer to us We are also looking to towards them to see whether they might be interested in Uncapable of supervising what would be happening here And that's the tragic truth The last remnants of Jews on Calcutta soil will be looked after by those sitting in foreign lands From the time of the Romans or the Babylonians or the Greeks to the Germans to everybody has done something against the Jews But not the Indians Indians can hold a head India can hold a head high and proud to say that we were never never discriminated against and not only that Jews have had big positions general Jacob became the governor of two states General Jacob it was the army general who is a Jew DJ Cohen with a judge in the High Court one thing that living in India gives you is a strong sense of Possibly fatalism the Bengali has an expression for it Yeah, Copala, La Cache Sheyha, but if it is our fate to be the last flicker of the Jewish That's it. It happens everywhere. There are Many synagogues have been destroyed and damaged at least here ours are still standing in spite of the ASI Laffey, but it is the city's loss because the city is losing its cosmopolitan edge But beyond that as far as we're concerned Sylvie Yes, it is the city's loss a City that became home to its guests from Baghdad Now holds on to the remains of the last Jews of Kolkata So what 23 they said 25 something like that. That's a pretty elite core of Happened discriminated against the Jews. Mm-hmm. Here's what India there's probably not a more I Mean, there's lots of people that have been discriminated against for a long long time. Oh, yeah, the Jews have a long history Pretty much everywhere. They've ever gone. Yeah I can think just off the top of my head and I may be completely incorrect because I could be ignorant to the history of the Jews for example and that are in Australia Australia started with criminals Yeah, yeah, like face discrimination there and some in some way, but yeah, that is one of the beautiful things and I It would be a loss to I No, no, because it's about the history of the no, and I think that's because the it's because they're such a small contingent And I don't know where in Kolkata. This is Located because that's how cut is quite large. So There's there's there's only 23 Jews in Kolkata. What do they say only two or three synagogues? it's and it You know, it would be any any place that would lose but Something like this is losing a piece of global history history and culture To a certain extent that no one's there to actually teach and show it to them and be made aware of in the same way that There's so little exposure that we have to a lot of things, you know, so yeah, yeah My dad asked he said I hear pronounced Calcutta and Kolkata Yeah So what's it? Well, it depends on who you talk to Because it's my understanding that the and I have from reputable sources that it was like Bombay became Mumbai Calcutta became Kolkata. It was anglicized by the Brits in order to become I guess I don't know Mumbai Bombay, I don't know why you need to make the change same thing with Calcutta to Kolkata. I Personally, I don't mind that spelling I'm actually fond of it because it's what I was introduced to but I've always I was new of Calcutta and new of Calcutta as Calcutta So my natural inclination is to pronounce it as Calcutta That's in Johnny's natural inclination is to call it Calcutta But don't have a problem with people calling it cool cut. Ah many people do that are there And that's what they've known it as is cool cut that but don't have a problem with people saying Calcutta


is a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Let's go to Alan Homassassa. Hey, Al, what's going on? Isn't it wonderful? This gentleman here with the gold report, right before the market fell apart, ended up with PAAS. We have a 98% gain in a year. And I mean, we want 99% proof like Irish whiskey, but we had a good gain there. He always told us to do what we feel comfortable with. And if I lose a little bit of money on the table, I will, but I know that I just pocketed $8,000 or $9,000 for two weeks. That's a beautiful thing, man. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever your focus on grows. So, everyone's having a great day, safe day. Let's make a great night, folks. Don't make assumptions. Learn to ask questions. It's always better to ask questions than to make assumptions. Have the courage to ask questions to you as clear as you can be. Once you hear the answer to that question, you won't have to make the assumption because you will know the truth. Knock it wise. Let's take a look at it out here. We have the Dow Industries up $5, Forty and Aztec up $2.91, S&Ps up $80. Gold, Gold Contract up $2.10 straightened at $19.98 an ounce. We have Silver up $0.12, $25.20 an ounce. Lightsweak crude up $0.49, $74.79 a barrel, notes and balls. Ten-year note, down 25 ticks, straightened 114, 24, the 30-year up full point plus 10 ticks at $1.3013 and $king dollar. King dollar right now. I just rearranged these. There we go. Up 19 ticks at 101, 487. The Euro is at, when I put the Euro, what'd you do to me here? Euro is at 110. The yen is at the 133 and the British pound is at 124 to one US dollar. Our phone number is<PHONE_NUMBER>. Give us a call folks. I want to know what's going on in your world. In the world of the S&Ps, let's take a look at them. What do you have? Well, first off, end to see wise folks, the Nasdaqs have 2.48%, the S&Ps 1.9 and the Dow Industries 1.6. We get over and we take a look at the spy. You're going up on light volume. So bottom line, we'll see where this shakes out. This afternoon we get some more earnings but this is all about the dollar still. I mean, this is, well, it's, you had some earnings, we'll go into them too but the bottom line, you can see what's happening out here. You, right now you only have 58 million shares traded. Even yesterday, which was somewhat of a contraction from the day before, we had 80 million. The day prior to that, you had 97 and you're going into 101 million shares. So that's telling me that you still got a down market. We're going to the Qs. The Qs want to go hit that swing up there. The Qs right now, bottom line, they're going to have some volume. Well, they've fought a 2 million right now. We came down with 57 so they'll do 57 and the swing up here only has, what is that? That is only at 45. So that's going to get up there. We go to the gold contract. We take a look at the gold contract. There's been a sideways move with the gold contract but you still have volume, which is good. We have 194,000 contracts. It rejected 1982, you're at 1998 right now. Now, what should have happened with gold is that gold should have went a lot higher today. The reason being is that if we go over to the dollar index, what you're going to see here is that that good old dollar index couldn't hold price today and that's why you can see this market getting a monster move higher. We take a look at the dollar. What you're going to see out here is that yesterday, bottom line, it gave it up on price. Today, it got to a price point of 101,802 and now you're at 101,487. So it's basically you can't hold price, man. If you can't hold price, that's saying it's going to get down and try to test the lows once again, which you can see what happens. It gives the market huge relief. We go into the NDX100 and take a look at the strength versus the weakness. There she is. So you got Meta up 15%. You got Lucent up 12%. Comcast is up 10%. Taken away from it. Aligned technologies is off 10%. What is this one? Oh, curing Dr. Pepper. That's off 4.5%. Aluminum is off 3.3 and microchip technology is off 2.9. We go into the Dow industrials. We take a look at the strength that wheat this versus the Dow industrials point wise. You get, let's see, Microsoft's putting, well, first off, there's only two negative stocks inside the Dow. Caterpill is putting a minus 13 points. Yeah, that's about it basically. Strength wise, you get Microsoft putting this positive 61, Honeywell 48, United Health 46. And let's go over to Amazon because I believe Amazon's gonna be coming out with numbers after the close today. Amazon, the low is 81, the highs 146, you're trading in 109. Now remember, Amazon had this high volume spike that it's going after now. That being said, it looks to me, yeah, so check this out.  Now watch this. This is kind of cool actually. So the B point, it's taking the B point out today. That's 109. Your A, so we got a 12 point A to B. That's gonna give you 119. So that's saying that Amazon's gonna come out with good numbers. 119, the swing, high volume swing is 114. You know, so we'll see how this shakes out.  I'm just curious as to what this would be. Take a look at this. Yeah, well, it won't be a larger ABC up on the weekly, but the bottom line, it looks to me like, Amazon's gonna come out with decent numbers. Revenue, this is what they're gonna be looking for on Amazon. They're gonna be looking for to do 124 billion to the top line, 21 cents to the bottom line. They're still growing by leaps and bounds. I mean, in the United States, you're growing by, well, in North America, you're growing by 7% a year internationally. You're growing by 5.5% a year. Web services are growing by 10% a year. Monster numbers, man. That's, there's no doubt that those are monster numbers. Some of the higher volume equities out here. Now the mindblower, no doubt, is gonna be the aspect that you're gonna be higher and you have a contraction of volume on many equities. Tesla's up $6 right now. You got, let me see, what is VZ? It looked to me like VZ, Verizon was moving too. Is that, no, VZ? Yeah, I guess it's got some moving there. It must have come out with numbers. Now that's a difference to Mar-Bell, that's interesting. Okay, so, yeah, no, that's just moving, man. That's the bottom line, that's just moving out here. Apple, let's go take a look at Apple out here. Yeah, Apple's, you know, Apple's struggling. You know, a day like today, you know, you're, you're at the, you're getting over this high of the one, you did 168.10, the high's 168.16, and it doesn't look like you're gonna get that $47 million that you need. Now that's intriguing, especially when you get a day that you've had the markets up so dramatically, folks. Stay right there, folks, come right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, Forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive he just hosted, Forex strategies, and fundamentals, what is behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN, educating investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, 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 at 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. 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. At 1-877-927-6648, internationally, at<PHONE_NUMBER>. Welcome back, folks, to Dow. Dow Industries right now trading up 543. You get the Nasdaq up 291, S&Ps are up 80. Let's go over to our amendments to Tim Ord as we do each and every Thursday at 20 past the hour and you can reach Tim, folks, every trading day at Ord-Oracle.com. That's Ord-Oracle.com. Tim Ord, you got your rally, yeah. Yeah, how's things going out there? Things are going good, man. You know, I mean, it's so intriguing, Tim, because I got you on last week and my kid was drifting lower the last couple of days, but this is quite a rally, right? Yeah, actually, we can skip right to that part, you know, instead of chart one, we can go to actually chart two and kind of, actually, this is the old Weisskopf method. You go to chart two, that's the SPY there. Okay. On the volume charts, I got two red circles around some volume there. Yeah. The first red circle is March 6th. Okay. And that was a high that day. It was March 6th, market fell back down. Then Mark came back up on March 26th as a second circle. And if you notice, it jumped above the previous high of March 6th. And it's kind of hard to tell, but basically, I'm trying to point out that volume was much higher on March 26th when you jumped above the March 6th high. And that's, you know, Weisskopf method. That's jumping the creek, I guess you might say. So once you have a sign of strength, I guess through a previous high, then the previous high has become support. So I drew a light pink area across that line or where that was. So we jumped above a previous high, now previous high has become support. We came back down and I sent you this chart early yesterday morning, so it doesn't show really, but the close was what's doing it today. So we went right smack into that area. And what I didn't have on this chart, I do have it the day before, four, today's what, Thursday, that'd be Tuesday's close. We had trend close of 1.35, which is marked there. And we have a tick close of 517 down tick readings. I've done quite a bit of stuff with ticks and trend over the years. When you get a trend reading usually above 1.2 and a tick close below minus 200, there's high probability you're gonna make a low. The same day as those readings to us too, to as late as two days later, well, it turns out that low was yesterday, pretty much right on target. And you always want, I always call those readings above 1.2 on the trend, and down tick reading below minus 200 panic readings. And panic always shows up at bottom. And if you don't have panic readings, it's not a bottom. Well, that panic should have showed up right where that jump to creek, like pink area is. And sure enough, it did, right smack where it's supposed to. So, that's interesting because we really really started, I don't know if it's gonna start today or tomorrow, but it came right in on target where it's supposed to. And we really weren't down that much, right? We only came back to that area. So that's intriguing, right? That we actually got a minus 200 tick, right? Well, that's the minimum, this one we had on two days ago was 517 on the close. Right, okay. Oh, I get it, I get it. You're talking about the clothes. Okay, I get it, right, right. Yeah, you have to do the clothes. That's whenever I bailed out on the clothes, that's usually a good sign, kind of exhaustion sign. So if you're bullied, you kind of want to see that, kind of people just give up and I guess puke their lungs, whatever. And that tick on the clothes kind of shows that. So everybody was kind of barfing on the clothes on that day.  We also noticed that day on volume, so this would be Tuesday's trading really. You had kind of a selling climax, which I pointed out there, as selling climax is usually when volume jumps about 30% or more for the higher percentage jump in volume, the more climatic that move is. If you get up around 30% or thereabouts, it's usually kind of an exhaustion move to downside. Now usually it works pretty well to the upside and downside. So Tuesday of this week, you kind of had an exhaustion move.  So you had quite a bit of evidence that the market was probably going to make a low right around that 405 area. So it worked out, luckily, in my favor, and so I kept going, I've been long, for a while. That's pretty intense. So yeah, so it's working out. Now we're getting a decent sign of strength off that, you know, and it's hard to say how high it's high, but if we got time, we can jump to that chart three. No, we definitely, we're gonna do the next segment too. Is that cool, Tim? I just did. Yeah. Okay, I'm gonna go. Oh yeah, we can do that. Can we stay on this one for a second? Don't worry about this chart if you want it. Yeah, I do. So when you have something like this, right? You know, because this was only a shot pullback anyway, right? So when you have something like this, is this something that you think that you're gonna have a bullish scenario for a couple of weeks, a couple of months? You know, what is the number on this thing? No, I'm not, you know what I'm saying. Yep, I'm thinking about this whole thing, if you look at the bigger charts, I shared this through over a monthly chart, but basically we've been in trading range since last May. Yes, we have. We've been around the trading range and that top of that trading range on the monthly chart is around 405, 410 on the SPYs. Okay. I'm thinking when we're building cars, I guess, you might, you know, we're building a trading range to either break up or break down. Okay. And my work says we're probably gonna go, you measure the top of that trading range to the bottom of that trading range. I forget what the number is, but you know, you come out with a figure that points you back to 470. Well, 470 happens to be the January, 2022 high. And that's probably where we're gonna go. Are we gonna break above that 470? Don't know. That's too far ahead. Yeah, so that's it. So I see what you're saying. I'm mocking up another SPY chart as we're doing this, Tim. So I see what you're saying, that this consolidation is no doubt has been going on for a long time. And yes, I get what you're saying here. So it'd be like the 417 where you jump the creek again, right? And then that's like, okay, exactly. Okay, cool. I see that. I just marked it up for you. Interesting, okay. Well, if you do it monthly, it looks at closer. It kind of just take the closes. It comes in around four, four or five, four, 10 area. Okay, one second. I'm doing that too. You're from 417, so I'm thinking four or five, four, 10 is closer. Okay, cool. Stay right, Tim, stay right there. We're coming right back, folks. Our phone number is 877-9276-648. Get on in, Mr. Tim Orton. You can reach Tim at ord-oracle.com. Tim and I are coming right back, folks. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven in 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 XAU, 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. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. TFNN has just launched their new trading room, the Tiger Zen, 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 Tiger Zen, available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. In the Tiger Zen, 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 tigers as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's 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. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks. Down industry is up 524 and Aztec's up 289. SAPs are up 79. We're talking with our mam is the Tim Horde. Stay tuned, folks, because our mam is the Tim Horde is gonna be doing a workshop for us pretty soon. And Tim Horde, should wanna go to the next shot right now? Yeah, but we can do, we'll stay on the SAPs for right now. Okay. The only reason I'm bringing this up, I'm not putting the horse before the cart, but if the market, you can see where the trading range, this is a weekly chart of the SPX. Yep. And it goes all the way back to 2019. And so basically, you can see the trading range we've been in since last May. We kind of just flipped sideways here. Yes. And Rhett, I grew up kind of, Yeah, you're right, about 2417 or about 4170, I guess on the SPYs is where a trend line lies. That's my opinion, it's kind of a neckline right there. Okay. And my opinion, we're gonna jump through that neckline. Right. With a sign of strength, and we're gonna break out. Only reason why I say that is to go to the second chart up from the bottom. Okay. I see that. The SPX-VIX ratio. Okay. If you notice, the market pretty much has kind of traded sideways since, looks like about February. If you notice the SPX or SPX-VIX ratio made a higher high. You see a little trend line right there? Yes, I do. And so, okay, so normally if that's still making higher highs, a lot of times that'll lead the SPX. And it'll make a higher high. What you don't wanna see is if this market starts to rally and so we break above the round off number 4100 on the SPX and you rally higher and that ratio makes a lower high, that's when you get trouble. Now where it's a VIX is starting to go up as the SPs are going up. And that's a very sign for the market. I do this on a weekly timeframe. Can you just run through that again for us, Tim? Because I had the wrong shot up. Just on the SPX and the VIX. I got it up right now. All right, so when the SPX is going up and the VIX is going up, that's a very sign. Yes.   So I flip to a weekly chart. Okay. That's the reason why I use a weekly chart. It kind of smooths out all that stuff. You don't get these all these false signals. Yes. Back in time and look what happened in the past. If you look at the 2000, 20 area. Okay. Area. Yeah, 20, we had that big crash in March of 2020. I see it, yeah. Well, the SPs were making higher highs. It's kind of hard to see. But if you look at the ratio, which is the next chart below the SPX, it made a much lower high. All right. Now is your warning sign that the market wasn't going to go up and that same thing happened back in, looks like about December, January, or December of 2021, January, 2022. Same thing happened. It made all time highs in January. Okay. But look at the ratio. It made a lower high. And if you can see that. I can. No, I can see it. We can see that pretty clearly. Right. Yeah. So here we're still making higher highs even though the SP is making higher highs. So we may rally. What I'm thinking is if we do get back to the old highs up around that 4770 area, which is basically the January, 2022 high, and we see a divergence on the weekly time frames where the SPs are making higher highs and the ratio has made a lower high. And I think I bet that happens at the old highs. Okay. Which is up around 470, which is a long ways up from here. Which is going to blow some minds. Yeah, no, I know. But they listen for, you know, invest as a trade is awesome. Right? No, there's no doubt, man. Right, yeah. It's a good return. Right.  You're going to need a sign of strength. Right. Well, that's still setting in front of us. We're setting right on that line right now. Right. Take. And so my opinion, you're going to see a sign of strength here probably in May because May starts next Monday anyhow. Yeah. You know, it's a while does that, of course, the at the sand selling man go away and this will be just the opposite. Yeah. Right. Yeah, so might be good. So we may rally up to a high and then maybe we keep going. I don't know. Yeah. But right now, in my immediate term staff, at least so far, there's no divergence present. And the VIX or the SPX, the VIX ratio has made a higher high suggesting the SP will make a higher high. And so my opinion, you should be long right here. And so that's a, what, 70 points? So that's a good, what, 15 or 12% rally from here or something like that. Oh yeah. Yeah. No, it's a big number, man. There's no doubt. There's no doubt. Yeah. It's a big number. So that'd be interesting to see if that works out. But with technical analysis, you know, sometimes you're getting going down this road and sometimes things change. So there's no guarantee we're going to get back to the old highs. But right now it looks favorable. Oh listen, you might get me changing my head, man. I like it. I like it. I like it, I like it. But you know, tops are really hard to figure out. And this is what I kind of been working on for the last couple of years. Yes. I've been holding it down. And if you go back in time and use that method, I went back all the way to 2000. And it does a pretty well good job of picking out highs along, you know, worthwhile highs. Right. Well, you know what's interesting is that, you know, my take is that when this dollar gets weak, the market loves it. And the dollar's having a hard time holding price. And now with that said, that's why I want to flip to the gold market because, you know, that could, I mean, I was thinking the dollar was going to do a counter trend and bounce to 106. But if the dollar gives it up and breaks this low, I can see the market going and gold going. So I'm going to pull up this XAU chart. Is that cool? Yeah, we'll do that. Yeah, they actually use chart, but what the middle chart is, is the monthly silver gold ratio. And I took it back as far as I could, which is about 1995. And this is a monthly chart. So these signals are not meant to be like one or two weeks long. These signals are big signals. And I have a three-part signal on this. The bottom window is a percent volume. The next one up is a rate of change. And one above the monthly silver gold ratio is the RSI. When two of those three get in bullish territory, I consider that a signal. Okay. So some signals, all three of them got triggered, but you gotta at least have two of them to get triggered. Yes. And the last one we had in August of last year got triggered. So this signal right now is close to nine months old and it's still in force. But the previous signals, I measured the length of how much the rally lasted, I guess you might say, or the one in 2003, that was a 90% gain. One in 2008, that was a three or an eight, 3% gain. Next one was 120% gain, 100% gain. So anyhow, I said, well, at least all of them got a hundred percent. So if this signal is a hundred percent, then XAU should go to around 200. And they do more, but probably not much less. So these signals last a while. So yeah, the monthly signal's on a five signal since last August, and we're not near done with it yet. Yeah. And the XAU right now is a 134 folks. Well, listen, Tim, this is a pleasure, man. Look forward to speaking to you next Thursday. And folks, don't forget, you can reach Tim at odd-oracle.com. And as I said, Tim's gonna be doing a workshop for us in the near future. Tim, thanks so much, have a great one, a safe one. All right, thank you. Thank you, stay right there, folks, come right back. 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 technicals. 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. 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 in stock prices.  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. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD, Directions Daily S&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.com, slash biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at<PHONE_NUMBER>. The prospectus or 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. TFNN has launched the Tiger's Den, 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, the Tiger's Den, available to all tigers and tigeresses for just $1 for the year. There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vistagold. Traded on the NYSE American and TSX under the symbol VGZ. I'm O'Brien. Welcome back, folks, to Dow. Dow Industries right now at 518, as except 285, S&Ps are up 77. And folks, if you haven't been in the Tiger's Den, come on over to the Tiger's Den. The Tiger's Den, great community of tigers and tigeresses. It's only a dollar a year, great ideas. But I gotta tell you what was happening in the Tiger's Den when Tim was on, okay? So picture, we got a lot of great tigers and tigeresses in there. Bottom line, Tiger Den has been saying for a bit, it's gonna be a turn and all this. Well, once Tim was on, I'm turning around saying, hey, maybe we have something here. Well, the rest of the tigers are saying, hey, maybe we'll go that way too, meaning be bullish. And of course, what ends up happening is that it's like we're all looking at the end and saying, or does that mean that it's a sell? Okay, that's the market, folks. That's the bottom line, that's what it comes down to. But if you can listen to that interview again, because something that is important that he did say was that you're coming up to the line again. That's the kicker. I mean, I know Tim well enough how he looks at the market on a continual basis. So the line that we've all been looking at is still really important. That's the bottom line. If it doesn't take it out, guess what?  But he has some great tools. If you go through those charts again, when you combine those tools, it's pretty cool. The thing that I thought was surprising, factually that was it. But I thought that was surprising that this just yesterday coming down, he thought was the selling climax. Now he did that because, let me show you this, he did that because he felt that the sign of strength that we did have and the spy that was there, what is that? In March, you know and that minus tick read he got was quite a bit. So I can tell you this, a selling climax when you're only down two days, that's very unusual. But if that's the case, that's the case. So we'll see how this shakes out. But as you can see, bottom line, great analysis out here in a monster way. And it's gonna be the dollar, folks. The dollar's the number. If we go over to this dollar again, take a look at this dollar. So what's all intriguing is this. You've heard me a dozen times. Last time we did the counter trend, bounced to the 106, you know, market pulls back. The market itself, okay, cannot stand a higher dollar right now. And it didn't hold price today. And you can see the relief it had. Now that in the context of where the gold market is. See the divergence out here today that I'm looking at is that the broad market got ahead but gold didn't basically, well it didn't get down but it didn't go up. So that's real pretty unusual. What we have had the last three days though is that you are pushing higher and you actually have volume. So if we take a look at this, we have 196,000 contracts out here today. That's good contract volume. Yesterday we had 200 and something I think. 241, that's good contract volume. So this can be ready to go because on the larger basis, gold is still in a lot of ABC structure up. And now that would be in harmony. Meaning that if the dollar croaks, what you can see is you're gonna see higher prices in the gold market. You're gonna see higher prices in the broad market. And if you remember, some of the biggest runs that we ever had was when that happened. And people were getting confused in the aspect well how can gold run in the broad market run? Well, the biggest runs we have, that's exactly what did happen folks. The differential was that the gold market actually ran percentage wise bigger than the broad market but they both ran together. And of course the other side of that and I'll show you that is the other side of that is that this is when the dollar, pull it all the way back. This is when the dollar gave it up in spades. It just gave it up period. I mean, the bottom line, we went from the 120 down to the 71, yeah, I like that. And then so then the next biggest run, we've had three or four not bad runs but one of the big runs that we did have which was intriguing was in 2011. That's when the dollar just went from, what is that? Kind of it went from 88 back down to 72. So if this dollar right now is gonna run down to the 89, it's gonna be a field day everywhere. So what ends up happening is with something like that is that yes, we are all gonna have higher prices but inside of US dollar terms, okay, what ends up happening is that our US dollar you'd be able to buy less. So what we have to do is go over to the Euro because someone's asked me about the Euro and I thought the Euro was gonna be pulling back. Now it hasn't done anything yet but the fact that it matters is if in fact that dollar is gonna go and fail what you're gonna end up seeing is that the Euro won't go to the top of the range. So I thought one of the most intriguing things was what he said because on a contrarian level that if you get this rally and this rally comes in May, we've seen plenty of rallies in May and so what ends up happening is that the go, the sell in May and go away. In fact, I think Steve Rhodes is gonna have the numbers on it. It's almost at the end of May. It's not at the beginning of May. I remember interviewing him a few years ago and he had the charts up explaining how that goes so hey, we'll see the whole baby shakes out. That's the bottom line. Volume wise out here in the end of seats, excuse me folks, today you get 501, that's shot volume inside the NYSE inside the composite. The composite said four, the composite will have some volume. So let me look at this again. So the composite yesterday, yeah, this is to me it's still tricky. It's tricky for sure. We did 5.5 billion on the way down yesterday. It didn't hold price. And you're gonna probably do about 5.5 billion on the way up today too. Let's go to the IWM and see what that's doing. So it's not doing well. No, the IWM, see the IWM had a high volume low and this tested the highs of the lows at 170 and you are over the high of that bar which is 172 and that's gonna be on light volume. So the IWM is saying it wants to bounce. You know, this one's a clean one, right? When that may be a clean one is that you got a full test. You can see that test of the low. Yesterday we did, what is that, 30 million yesterday. We're doing 29 million today. You're going into the bar that had 47 million and you rejected the top of it. Now when you do something like that, it says okay, now you're gonna go to the top of the IWM is 179. So gotta love markets, man. I'm telling you. Dow, Dow Industries right now 527 as except 295 S&Ps are up 80. Stay right there folks, we'll come right back. Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com, TFNN, Educating Investors. 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 in stock prices.  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. 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. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks, to Dow. Dow Industries right now, 521 NAS, except 290 S&Ps are up 78. Let's get over to Amazon again, because bottom line, we'll see where this shakes out, but as we bisected and dissected Amazon a little bit earlier, I mean, it looks like Amazon wants juice and it's an ABC structure up. So we'll see if that's what we're gonna get after the close here, but it has the volume. You know, we're up 491. You had needed volume out here of 69 million. You get 99 million to taking that baby out. You also get high volume up at the 114. So it looks to me like, you know, whatever Amazon says into the close that there's gonna be action. And of course, what that will do is that an Amazon does come out after like split second. The Amazon will come out split second. So what you will see is that the NDX, well, cues, not the other cues, the NDX futures, but basically I suspect are gonna also get some juice in them because Amazon is the large weighting structure inside of the NDX 100. You know, you're already up 345 ticks, but bottom line is that, well, let's go look at this for a second, because one second, NQ, because it just might be enough to push this to the high. Yeah, it is. It really is because the high that we're talking here is only, is that 246? Well, I really need new glasses here. 348, I said 348. I guess no, it's not gonna push it up 120. Well, it might push it up 120 points. Yeah, it could push it up 120 points. Amazon could do that. That's the bottom line. Always remember folks, the bank and Cloya hot out the bull can run you over and thank God, there's always another trade. Health happens in prosperity. Have a great night folks, have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9 a.m., great show, folks. Yeah, look at him, folks.


Gavana Srisultan Hamenku Buwono Kesupulu, Minister Intrawatti Gavana Vardillo, GPFI co-chairs, ladies and gentlemen. It is a pleasure to join you virtually today. I am delighted that some of you can be in Jogta Carta to reconnect in person. Over the past 10 years, as UN Special Advocate, I have seen the remarkable difference that inclusive digital infrastructure and digital financial services can make people's lives, as well as to the fortunes of micro, small and media science enterprises. From Indonesia to East Africa, millions of small merchants are now paid and making payments with their phones in their own pockets, transforming their ability to invest and grow. During the COVID pandemic, governments from Brazil to Togo sent emergency digital payments directly to vulnerable households. Offering essential financial support at unprecedented speed. These and so many more achievements are made possible through digital infrastructure design to meet the needs of the poor and underserved segments of societies, such as women, youth and MSMEs. Greater connectivity and digital IDs allow access to financial services for millions previously left behind. Fair competition and interoperable payment systems help markets work better for even the smaller scale customers. Cyber security, consumer protection, data governance and digital literacy allow marginalized communities to navigate these services in ways that really work for them. And where MSMEs gain access to new digital opportunities, they can make their businesses more efficient, overcome labor shortages and open up new markets. New fintech services are helping small businesses across the global south to digitize their inventory management, marketing, payments, credit and sales. Companies like Shopup in Bangladesh, Omnibiz and Flutterwave in Nigeria, Udan and Mogulix in India and Bazaar in Pakistan have been able to help small businesses expand far beyond their brick-and-mortar origins and connect to a much wider world. However, many MSMEs are still missing out on these opportunities. This is a challenge for both advanced economies and developing economies. And one we must meet together by increasing access to digital public goods, finance and digital skills. MSMEs, especially startups and firms with large growth prospects, need a range of financial services like payments, equity, short and long-term debt, savings and insurance. Together, we need to improve the whole digital finance ecosystem such as credit reporting systems and insolvency regimes. The good news is that we see innovation around the world, as showcased in the GPFI's database, digital and innovative financial products for MSMEs. I warmly welcome the work of the GPFI this year in developing the implementation guide for the G20 high-level principles for digital financial inclusion. Renewing our commitment to support women, youth and MSMEs is essential for inclusive, equitable and sustainable growth. We can help them thrive by embracing digital uptake, investing in skills and improving the finance ecosystem. It is important to understand our small businesses and design and deliver to meet their needs. This includes the GPFI's work on creating a regulatory toolkit for MSMEs access to digital financial services and a focus on harmonizing MSMEs financing data. As the honorary patron of the G20 GPFI, I congratulate the Indonesian G20 presidency and the GPFI UNDISCO chairs for organizing these week's plenary sessions and for the high quality of your work. I hope governments, businesses and development champions will use these valuable resources, enabling entrepreneurs everywhere to grow their businesses more effectively and safely and to thrive in the future. Together, we can really drive action to help us recover and build a more inclusive, resilient and responsible digital financial system with expanded opportunities for all. Thank you very much for your commitment to this important work.