The following is a presentation of TFNN. The morning market kickoff with your host, Tommy O'Brien. Good Monday morning everybody. I'm Tommy O'Brien, a company live from TFNN. Just after 9 a.m. Eastern time, we got about 24 minutes to go until the start of trading. You have markets picking things up in slightly red territory. You get the S&Ps off by just two points. You get the NASDAQ 100 or off by nine. You got futures rolling from Friday until Sunday on these charts or you're showing higher prices, but nonetheless, slightly in the red across the board right now. The Dow off by 15 points and the Russell off by two. Bitcoin, a little bit of volatility there as well. You do get a roll as well, but that is some negative prices. We hit 45,000 on Bitcoin. Pairing some of those gains were off $2,600 right now. You're trading at $42,255. Crude, hovering right near $71 right now. You got the price of crude trading at $7108 about $0.50. Gold with a little negative volatility, one week removed from that spike high to $21.52 on the future Sunday night. We chopped around at about $20.40 for most of the week, a little bit of lower action Friday on that. Job's not worth everything going on. We're sitting slightly under that price point right now in gold, trading off $6 at 2008. You jump over to notes and bonds. Quite the move on Friday. So what is the 10-year yield? Checking out the 10-year yield right now as we jump around, $4.27. We're at about 4.15, I think, coming into that jobs number. On Friday, you get lower price, higher yield, the 10-year, off a little bit lower yet again today, $1103. We'll see how the market handles higher yield coming at you today. You jump over to the dollar index, DXY. When you get higher yield, you get dollar strength usually. The dollar spikes to $104.26 on Friday. We pair those a bit throughout the day, and we're trading right now at $104.13 for the dollar index. You jump over the volatility index as we kick off trading. $1309. Now, what do we get? We get some inflation data this week. We just got the jobs number, and we get a Fed decision two days from right now on Wednesday. So all eyes will be on the Fed. Seems like they will be on a pause. The only question right now is how quickly they're going to cut next year. That's the question in the market. We'll see if it plays out that way. But yeah, that is the question in the market. All right, where do we kick things off? A little bit of rates on Fed week, man. December 11th, two weeks till Christmas. You got your Christmas shopping done? Two weeks till Christmas. And this one's talking about debt-strapped companies. But I bet it has to do with the banks to a certain degree, too. That's what a lot of people were wagering early on, saying, you know, not right now where the market's made the shift, but earlier, saying, man, the Fed, if they keep pushing these numbers, right, the balance sheet on the banks, as we saw with Silicon Valley Bank, that it was only going to grow worse. Securities, do they have on their balance sheet? That only gets exacerbated. As you raise rates higher and shrinking majorities, leave little breathing room for some businesses and also governments as they break down here. Yeah. Global debt refinancing costs. Shouldn't be surprising that you're talking about soaring, right? In basis points, I mean, look at the deals they were getting. Refinancing costs. You've been saving money since 2008. Yes, we've had a little bit of a pullback. You go to that December number. You're talking about 126 basis points, is what global bonds average yield minus the coupon on outstanding debt. Basically, the refinancing costs that they're dealing with, that's well off the spike high that we had. What was it? When rates were at 5%, you're talking about 187 basis points. You're talking about 126. It would be pretty remarkable if we roll back over pretty quickly to a negative number, because how does that make sense, right? You're dealing with comps in terms of when are you going to be saving money to refinance on the debt that you have that's most of the time. The only time you're going to be saving or refinancing is if you were pushing those numbers out in the last 24 months, right? Something like that. Yeah. 2024, this is from the US, the chief US economist at Morgan Stanley, Ellen Zentner. 2024 is a transition year. It's a turning point for the economy. It's a turning point for monetary policy. What does that mean? It's a turning point from growth to recession. Question mark, is there a turning point from strong growth to slower growth? Are those the only two questions? That's the part I wanted to get to in this article, right? Are those the only two questions, whether we're going to slow to a recession or just slow? Because that's a tough one across the board, man. All right. Let's jump around to some of the thanks, Doxy, how we kick off the trading. We got slightly lower prices, but pretty calm market, all things considered. You got Apple shares off a little bit this morning. We're trading at about $195. This thing's been strong, man. A week ago, we were trading at $187. Amazon shares off a bit as well. We're trading at $146 down from $147.42. That's going to be a percentage share cut on Amazon shares on the open. Interesting to see how we open, man. Those two, we kick it off with negative prices. Microsoft has a $4 haircut. Pretty remarkable, you get the Nasdaq 100 only off by nine points when, well, you got Microsoft off a percentage point. Amazon off a full percentage point right now. Apple off, what, four tenths, five tenths percent? Something like that. Let's see how Nvidia is doing this morning. Nvidia on the positive by $2. Jump over to Google shares. Quite a week for them yesterday to $140.  Uh-oh. All right. We got to restart an unexpected error. Not a good thing to assume. Come on. Let's see.  As we jump through the start charts, thankfully, let me just log back in here. And we're coming. We're going. And we're almost there. All right. I guess we can just continue. Up to $140. Back to $135. Google pairing some of those gains. We continue some of those chip stocks, right? AMD soaring higher today this morning. They're going to open by about $1.50 higher as well. You jump over to Tesla shares. Tesla this morning, up by about $0.20. Give or take, no huge dramatic action. And we jump over to Meta shares. They're basically flat after their trade higher. Jump over to Netflix. Some of these high flyers of the year. Up a bit. Disney with some choppy action. Coming off those $89 bucks. You're sitting unchanged basically this morning. Off by about 10 pennies on Disney at $92.63. Let's jump over to that gold contract. Take a look. So gold, we got dollar strength. We got a little bit of higher yields coming at you. Okay. And this is the consolidation we're dealing with here. It's going to be interesting if we get a trade lower. Okay. What would drive gold lower? What would drive gold higher? There's a lot of impudence as I agree with my dad right now. In terms of lower yield probably coming at you, man. You know, these numbers have been pretty rosy. We'll see what the Fed has to say this week on Wednesday. But they are going to need to cut. They are at 5.5% almost. They could bring their Fed open market committee policy down to 4.5% and still be ultra restrictive. If that's four cuts, they could bring it down to 4.25% to 4.5% and still make a legitimate case that they are restrictive and that they are still fighting inflation. Remember that argument when you hear the chairman talking on Wednesday because that's going to be the dilemma here. And if that takes place, right, we've already seen a little bit of a recoil, but there is room for the tenure to pull back and yield if they are really going to cut to that degree. And then what would that do to the dollar, right? In theory that would weaken the dollar a bit, gain strength in gold. So if gold is going to pull back to any certain degree, what's going to be happening in the dollar and yields? That's the question I ask myself. Stay tuned, folks. We'll talk about some of that. We'll talk about some of the equities that we have moving this morning as well. We're back. Get ready, Tigers. Thursday, December 14th, Tim Ord is back to host another stellar live webinar. From 4 p.m. to 5.30 p.m. Eastern time, Tim Ord will delve into the secret science of market tops, bringing you the viewer with how to effectively call market tops in order to increase your success in trading. Tim Ord has developed this understanding over decades of trading and is ready to impart this knowledge on you. Visit the front page of TFNN.com today to sign up for Tim Ord's secret science of market tops. TFNN, educating investors. If you're looking for potential trading setups in the stock market, then Rocket Equities & 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 & 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 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, educating investors. Welcome back, folks. We get the S&Ps down by about two points right now as we kick off the trading week. We've got a Fed decision two o'clock on Wednesday, and some of the action going on today. Let's jump over. How about Macy's? There's a pop for you from 1750 up to 2150. Two investment firms have offered to buy Macy's for $5.8 billion. Let's pull this headline over there. Our Coast Management and Brigade Capital Management offered to buy Macy's for $5.8 billion. They offer values to retailer at $21 to share compared to 17 at the close. Quite a brand. Look at where they're getting this thing. Look at this. $21 from Macy's. Cheaper than you would have had to pay at market prices from 2017 to 2010. That's as far back as I go. Pretty remarkable. $21. Nonetheless, we'll see how that plays out and what are they trading at right now? Let's see. $20, so they got a dollar under the offer is what they're trading at right now, and they would be willing to offer a higher bid based on due diligence. Well, the group would already be paying a premium for the department store, which has struggled to keep up with online competitors. I mean, they're paying a premium for sure. But your premium is only what it was trading at at the beginning of the year, and things might be a little weak on the consumer side. Nonetheless, Macy's trading higher by about $3.50 today. Some of their competitors trading higher as well. If people want Macy's, maybe they want some of this beaten down industry. I mean, check out Nordstrom's. $16 down from $83. Down from $67 in 2018. Down from $47 in 2021. So Nordstrom's from $16.35. You're up by about 70 pennies. That's 3%, 4% pop for Nordstrom's. Kohl's gets in on the action as well. Well, this morning trading a bit higher. Yeah, they're all beaten down. If you're looking to get in this, let me look at Kohl's, man. Kohl's touching $20. You did it during the pandemic low. You did it this year, and you haven't done it since 1998. Before that, I will say, man, I go in Kohl's. Now they have Sephora in there, which I think is a brilliant concept. One thing that's interesting in the mall, we go to us nearby in Lakeland, Florida. You have the enormous Kohl's sign. My phone's right there somewhere. You have the enormous Kohl's sign, and then you have Sephora right next to it, almost as big as the Kohl's sign itself, right? Trying to play on that relationship. Everything very expensive. Let me see who's texting me. What are we doing? Yeah, I knew it was going to be my dad. He's talking about it. They want the real estate, and they're probably going to do a lease back. He's chiming in. He's always listening. Careful. The Kohl's deal, what is interesting, though, is that, boy, they are ultra-expensive, man. Ultra-expensive. And I don't get the feeling of being in an ultra-expensive store. It's a little bit interesting how that goes. They're trying to pitch premium prices, but I feel like I should be walking into a discount retailer. I walk into a Dick's Sporting Goods, at least. You know you're paying a little bit of a premium at Dick's. You're at the big mall. I mean, the one by us, it's the Brandon Mall, which is a beautiful mall. They got a cheesecake factory. They got everything in there. At least I feel like I'm walking into a premium store. Kohl's, I don't get that feeling. I feel like they charge premium prices. Nonetheless, you got Kohl's trading higher by about a dollar as well. All right. What else do we have going on? Let's talk a little bit on Fed Week about homeownership and lease payments. The math for buying a home no longer works. This is from the journal. Yeah, this morning at 5.30. Now, what's interesting here, okay? I mean, check out the chart. The chart speaks for itself, okay? You're talking about average monthly new home payment, $3,300. Now, what's remarkable is, is that really you shouldn't be paying more than about a 30-year income to that level. That is still, if that's a 30-year income, that's $10,000 a month. That's $120,000 a year. Pre-tax, just cutting it by three. Now, you can see you spend a 30-year gross income on your home. We all know that if you're making $120,000 a year, man, you're not taking home $120,000. Average monthly new home payment, $3,300. Average monthly new lease payment, $2,100. Right? Now, what is interesting in this conversation, okay, that you don't factor in here, is depending on how much equity you're paying off versus just interest, right? How much you paying off actually of the loan on a monthly or yearly basis, because that number is important, because that's basically a savings account, right? Every dollar you pay for a lease, there's no value, okay? When at least you're paying a mortgage payment, and yes, you got to do it over 30 years, and boy, those early years do not pay down a lot of the equity that you owe. But that money counts in this conversation. And boy, it's probably not enough, right, at this time in terms of you got to make up $1,000, okay? If you're only paying off $500 in equity a month on a cash flow basis, of course you're getting hurt, because cash flow is just three grand versus two grand. Can you afford it? If you can't afford $3,300, it doesn't matter how much you're paying off in equity, because you can't afford it. But boy, there's startling numbers. The Fed looks at that as well, and I wonder if we got some, I mean, you know, my dad's listening, he's out there, he's telling me about the market. It's a tougher market than it has been, that's for sure. And these things matter across the board. Now, median sales price on existing U.S. single-family homes? I mean, it's absolutely remarkable. You're talking about 100% since 2013, 2014, 100%. And in the same time, we've had rates double, right? You go from even cherry-picking 2014, 15, I'm not talking about the 3% mortgages, I'm not talking about under 3% mortgages, just going from 3.5% to a 7% mortgage. So you have interest rates double over a period of nine years. You have the home prices double over the period of nine years. Yeah, and the interest skyrockets, as you talk about on a retirement basis. And these are at 3%. So this is the total cost of a mortgage for a $400,000 home at different interest rates, okay? And a 3% interest rate, I don't think you're getting a 3% mortgage anytime soon, folks. At a 3% interest rate, okay, you're only paying $165,000 in interest. You jack it up to a 5%, you're at $135,000 extra in interest. You see that? You go from a 3 to a 5, and you almost double the interest. You go from 3 to 8, and you more than triple your interest, which is what we basically hit. So there's stark numbers when you see them like that. Man, these are, I didn't make it this far down, but check out how much money you can afford for your mortgage rate. Wow. So a $3,500 payment, this is remarkable. So at 3%, a $3,500 payment is going to get you what, $750,000 house, and at 8%, it's going to get you under a $500,000 house. I mean, we just know the numbers, but when you're seeing them, first-time buyers, tough deal being a first-time buyer in this market, rates soaring, prices soaring. When we come back, folks, we'll talk a little bit about cash as well as its FedWeek. Your cash is earning 5% interest, is now the time to move it. Stay tuned, we'll be right back. It's December, Tigers. That means festivities, decorating, spending time with friends and family, and the TFNN Tiger Dollar Holiday Sale. Don't miss your chance to receive a 20, 30, or even a 40% bonus when you purchase Tiger Dollars. Once you apply your Tiger Dollars to your account, you will be able to use them for any TFNN product purchase instead of your credit card. Visit the front page of TFNN.com today to purchase your Tiger Dollars. Don't miss your chance to receive up to a 40% bonus on your Tiger Dollar purchase this holiday season. Every Tiger who purchases Tiger Dollars will also receive a complimentary TFNN Tiger mug with their purchase. Act fast, this sale ends December 17th. Happy holiday, Tigers. TFNN. Educating investors. 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. The Financial Markets has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox.  Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter Market Insights firsthand. TFNN. Educating investors. Welcome back, folks. You get markets open. We're slightly in the red on the S&Ps by 5 points. At 46.54, the dial catches a bit. Up by 50 points. 36,695, the Nasdaq 100, slightly in the red off by 17, and the Russell, positive by two. So a little bit of a mixed market so far. We jump over to Crude. Trading right at $71. You jump over to that gold contract off by about $9 this morning. We jump to notes and bonds. Slightly in the red off by 17, we jump to notes and bonds. Slightly lower price, but no huge movement right now. You get the 10-year off by about 4 ticks. You jump over to the dollar index. Trading gold, you got to keep track of the dollar index. Just hit 104.20, we're at 104.15, up by about 15 pennies. Let's see how the dollar yen is doing. After quite the volatility last week. I mean, how about it, right? Did you see this one coming? Not a lot of people, man, in terms of boy, you've had a pullback. You had that real drop-off last week, December 7th from 147 down to 142. That's a daily. You put it back on the 10-minute chart. You almost got it all back, man. You can make the case you might have to get to about 147 to get that back from the dollar yen. Huge moves over there. All right. So let's talk a little bit of cash. So this out from the journal, yes, this morning, your cashier is earning 5% interest is now the time to move it. So they generalize a bit here, but the conversation is going on with many right now. Investors consider taking on more risk ahead of possible interest rate cuts. And what this talks about is the annualized investment returns depending on when you invest around either the last hike, the pause, or the first cut, okay? The time to do it is in the pause. The numbers speak volumes, okay? Now, Americans piled into safe, guaranteed return provided by cash and cash-like investments. And there's something to be said here, okay? The market has sort, but risk-free 5%. Now, yeah, you cherry-pick any of these lows, okay? Let me back things up a little bit further even. Absolutely remarkable. You got to go back more than a year to that cycle low. Crazy, right? But let's say you got out of the market in the middle of the chop between May of last year and you know, January of this year. Let's say you had a range of 3,800 to 4,200. Okay, I'm just ballparking. I'm playing with numbers here. 4,000 is a very real number for where this thing kind of oscillated around. You got down to 3,600. You're up to 4,200. Maybe you call it 3,900, right? The point being, if you call it 4,000, right, let's just say you sold out of this market at you know, 4,000 in September, October, okay? The market has defied all odds. Let's remember that one first and foremost, okay? The market has defied all odds. You were taking substantial risk in the market at that time. That risk did not materialize. It doesn't mean you weren't taking the risk, okay? You were taking the risk. We had unknowns at that period of time. We now know those variables were taking risk by being in the market. The point being, you know, you could have had 200 free S&P points basically getting out of 4,200. You could have made 5% from September to September. We're already 3 months after that. So you're doing 15 months, right? So you got an extra 6. Maybe you made 6%. Maybe you made 6.5%. Yes, the market ended up returning 15%, okay? It doubled you. But there is something to be said of risk-free. We're coming up to the 4,800. But this free money is going away, okay? It's not going back to zero, all right? But we're at 5.25% to 5.5%. Very real chance that in the next two years the Fed cuts by 200 to 300 basis points, okay? That would bring that money market account down to a percentage point of what? Maybe 2.5%, maybe 2.25%, something like that. So many people are having that. Now they talk about money market funds and high-yield savings accounts. Each head inflows with households adding more than 651 billion to the money market funds in the second quarter compared with last year, all right? A driving decision was those big numbers. 5.25% to 5.5% man. People got money and they start seeing the free 5% dropped into their account and they have any substantial amount of money. Boy, it matters, right? This is the part I want to get to. There are signs some investors have already started making the move. That move is, okay, and they're talking about, they have, this is a chief investment officer at investment firm Baylor. He's advising clients to move more of their money into stocks and longer-term bonds before the New Year, a longer-term bond, any maturity over 10 years, and selling some of those shorter-term securities, okay? This is all predicated on the belief folks that we are kind of over the hump situation, the Fed will be pairing. We know that even the chairman has told us, okay, and he's going to speak Wednesday, it would be interesting to see what he has to say. They were not over the hump yet, and were not. They're still at 5.25% to 5.5%, okay? If we were over the hump, they would be cutting. They're probably going to pause. They're not going to cut it just yet. They have not given the indication. It would be too dramatic of a shift. There's no reason why they wouldn't give us the indication if they were thinking about cutting this time, okay? It's peaking in early November. More individual investors are moving from short-term bond exchange-traded funds to longer-duration funds. I think it's happening, okay? And remember that that's only, what did I just say? 3 billion? Yeah, 3 billion. And what was the number for the quarter? 651. Okay? So it could be the early stages there. When you look at 3 billion, you look at 651 for the quarter. Yeah, and you can still have cash in your portfolio, of course. Households held 17% of their financial assets in cash or cash-like investments such as money market funds or CDs in 2022. The highest share since 2012. Not surprising at all. All right. In the world of oil, oxy buys crown rock. Now, this was reported last week. Let's see how oxy is trading. Or even the week prior, right? Oxy up by about half a percent. Little volatility on that news. Up to 5685. Let's see how some of those oil companies are trading. Chevron down a bit. Exxon Mobil, they dropped just a bit as well. NASDAQ catches a bid. We're up by 20. 16,328. Let's see how Apple's slightly in the red on the open. Oh boy. What do we got going on here, man? We got the NASDAQ 100 up by 20. We got Apple diving lower on the open by almost $3 195 to 193. You jump over to Microsoft shares. They're off by 1.5 percent right now. Amazon's off by 2.2 percent. What's going on? The video is off by 1.5 percent. If anybody knows what's going on with the NASDAQ 100 and why it's up 33 points right now, meanwhile we have many of the equities headlining that. Meta shares. What is going on here? We have a total rotation going on where I'm not seeing it. Somebody up in the middle. That is quite a drop off of Meta shares ahead of Fed week. Meta off by 9 bucks. We got quite a market. Stay tuned folks. We're going to jump through these equities when we get back. We have just $1 for the year. There's no catch or added costs when you join our community of traders in the Tigers then 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 and night and on the weekends. The Tigers Dan 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 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 Will the S&P 500 continue to climb? For bold trades on U.S. 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 fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus call<PHONE_NUMBER> or visit DirectionInvestments.com A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the fund 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. Right now we get the Dow up by about 26 to get the S&P Flat Nasdaq slightly in the red by 31 points right now in the Russell Surging Higher up by about 12. I was restarting my thinkorswim platform at the break there just to give it a little bit of a refresh for the heat map to make sure it was up to date and unfortunately it's uh it's not starting back up for me just yet but we're gonna give it another shot man it's telling me it updated, I updated earlier um if you are trading on that platform I would not close it down right now because whatever's happening when I tried to restart it I can't get the charts back up but that's alright we'll jump around we got a few stories we can talk about well this thing thinks it's just thinking folks it's just installing update is what it says but usually it never takes this long apologies uh okay what else do we got to talk about here let's see what we got pulled up yeah I mean there's a lot of focus of the Fed this week talk about this article um it almost speaks for itself when bond yields dropped everything rally kicked off stock bonds crypto and gold are surging sparking worries of a fleeting sugar high and this is individual investors turning bullish as the markets rallied okay and the shift you've seen over that five weeks take place and it really took place though over the course of like November 1st and November 8th right and then we're just there and now there's 47 percent bullish optimism 25 percent neutral and 27 percent bearish meanwhile you're at 50 percent bearish on that November 1st meeting man things can change so quick and remember how quickly they can change folks because yes we have the narrative right now we're going to get chairman powell's words on Wednesday but I don't have can change as well yeah that's going to be a bummer if I can't get the charts back up for the rest of the show but I do have some articles pulled up that we can talk about we talked about oxy let's see what other equities we got moving today they're going to talk a lot about the fed man see nikes a little bit higher today they got an upgrade from city I tell you I actually got some nikes I bought some nikes recently got them delivered I think I may return them they just don't fit so well but I'm a fan of nikes best buy they get an upgrade I tell you I was it best buy recently from their geek squad boy that's a money-making business they got with the geek squad man you know I have a warranty on a laptop I had in there had some service had to get done within the three year insurance period but it's amazing how much they charge and how many people come in for what is are normally mundane activities right about whether they're just not technology aware maybe they're a little bit older and they service all that stuff and boy geek squad even booking an appointment man they were busy those people working snap snap I think it was not coming up it might be done snap shares are trading higher well as well as they get an upgrade all right well we got a few minutes when my thinkorswim thinks for itself and what do we got folks it's a big week at TFNN it's the last week of the TFNN holiday tiger dollars sale man Christmas is in two weeks this sale runs for one more week it ends in six days it ends this come a weekend folks Sunday December 17th we've doubled all the bonuses you can get up to a 40% bonus tiger dollar purchase tiger dollars are good for all TFNN newsletters services if you've never tried them folks you just apply them once to your account whether you're on a monthly subscription a yearly whatever you're subscribed to you want to check out Tim Ward's webinar coming up this Thursday the secret science and market tops you want to check out Basil Chapman's webinar coming up a week from this Wednesday for opening call subscribers you sign up for the opening call you plan on going to any of Larry's live trading events you plan on going to any webinar we have signing up for any newsletter there's three options to choose from okay you get a 20 30 or 40% bonus whether you spend 500 a thousand or 1500 you spend 1500 bucks you get 600 free tiger dollars so you end up with 2100 2100 tiger dollars that you can use at TFNN for any newsletter service as I mentioned you apply it once to your account and they are used automatically yeah so if you are using thinkers do not close your account because I'm not sure what just happened there for any reason if you don't have to try to force it closed or something it's not cooperating that could be a bummer man as we all know right yeah just trying to install an update alright I'll restart my computer after the break but nonetheless check out the tiger dollars folks they run through this week only if you're a current subscriber out there man you can lock in those savings today right get your tiger dollars assign them to your account every forward transaction whether you're on a monthly recurring subscription six month yearly automatically they get used and you add 20 30 or 40% for that holiday sale and as I mentioned as well this Thursday so my dad talks to Tim Orton Tuesdays Thursdays he'll talk to Tim tomorrow afternoon on his program as well as Thursday I think and he's got a 90 minute webinar now what's cool is we got fed decision on Wednesday Tim's webinar coming up on Thursday the secret science of market tops how to identify market tops 90 minute webinar in there with Tim Orton and yeah he's going to be talking about how to find the market top and what kind of data he uses he's got some ratios in there but he's got a system he's going to go over and he's going to talk to Tom on Tuesday check that out on the front page of TFNN but don't forget first thing you do you get your tiger dollars you lock in those savings then you can use tiger dollars for anything we offer at TFNN all right let's see what else we got pulled up as we come into fed decision on Wednesday yeah I was reading this one earlier this morning not too surprising Abu Dhabi that's the spot for the billionaires man what do they call them special purpose vehicles right yes special purpose vehicles so five thousand of them set up in Abu Dhabi including CZ that he might do 18 months but he's going to end up with 24 billion dollars so he'll be okay and Switzerland they got some competition man the British version islands they got some competition as well you got India's Adani okay Dalio is setting up there you got the Russian oligarch setting up over there you got CZ setting up over there so it'd be interesting to see and as they say five thousand special purpose vehicles now exist compared with just 46 in 2016 think about that right talk about court and the billionaires man there's probably a lot that's not known which is why they're probably doing this right in terms of they say it's not you know isn't publicly known where the billionaires move their assets from why they did so or what each one contains but yeah I would say that that is a little bit of a new Switzerland going on there their double tax treaty can help wealthy individuals minimize their tax bill for companies tucked inside the special purpose vehicle depending on whether the additional countries in which they do business have an agreement with the Gulf State that's a lot going on but nonetheless yeah they're a player to say the least all right folks let's check back in on the market shame on thinkorswim I might try and do a quick restart here before we wrap up the program but we got markets slightly mixed we got the S&P's basically flat Dow up by 16 and stay tuned folks we'll be coming back in three minutes don't go away get ready Tigers Thursday December 14th Tim Ord is back to host another stellar live webinar from 4 p.m. to 5 30 p.m. Tim Ord will delve into the secret science of market tops helping you the viewer with how to effectively call market tops in order to increase your success in trading Tim Ord has developed this understanding over decades of trading and is ready to impart this knowledge on you visit the front page of TFNN.com today to sign up for Tim Ord's secret science of market tops TFNN educating investors it's December Tigers that means festivities decorating spending time with friends and family and the TFNN tiger dollar holiday sale don't miss your chance to receive a 20 30 or even a 40% bonus when you purchase tiger dollars once you apply your tiger dollars to your account you will be able to use them for any TFNN product purchase instead of your credit card visit the front page of TFNN.com today to purchase your tiger dollars don't miss your chance to receive up to a 40% bonus on your tiger dollar purchase this holiday season every tiger who purchases tiger dollars will also receive a complimentary TFNN tiger mug with their purchase act fast this sale end December 17 happy holiday Tigers TFNN educating investors 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 U.S. 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 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 so you have nothing to risk so you have nothing to risk 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 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 folks are restarting the computer over the break still can't get back into thinkorswim so I'll have to contact them afterwards thankfully I'm not panicking to trade haven't checked the mobile one I'll pull that afterwards but I just spent three minutes getting it all back up and it's still not pulling back up so if you have thinkorswim up I would not close that now if you are trading on that platform and yeah what else we got so checking out the markets right now where are we let's do a final refresh of the numbers simple and be out who finance that is that's the first time that's really ever happened to me so yes it's not ideal but that is one of the first times ever happened can't really pull it up for no reason Dow slightly in the red Nasdaq off by about yeah Nasdaq catching a little red now right those big dogs catching up Nasdaq off by about three tenths percent Russell off one tenth S&P off by one tenth right now and couple strategists out here talking about the two thousand twenty three rally Oppenheimer's Stolzmann sees the benchmark rising about 13% how about that one there's some of the most bullish for two thousand twenty four fifty two hundred sitting at about forty six hundred seven other six hundred points about thirteen percent to that number and that would be eight percent above the all-time highs is what they're looking for and you see how the targets been adjusted there well off it at one point still above it and then the next article talks about a record highs in the cards for the US for the US stocks in two thousand twenty four so you talk about optimism right you talk about some optimism man record high potentially in the cards alright folks thanks so much for starting your trading day starting your trading week off here it's an important week we got Fed week coming up on Wednesday stay tuned we got our man Basil Chapman coming up don't forget about Tiger dollars folks the front page of TFNN get your Tiger dollars and then check out our man Basil Chapman's opening call for next Wednesday's webinar as well have a great Monday folks we'll see you tomorrow stay tuned for Basil


What's up everyone it's your girl Kenzie here from Layton Sports Cards and I am ripping a personal for Ethan H We've got a 2022 Panini Donneress baseball hobby box All right. Good luck Ethan again. No base ship if rip live that includes base rookies So no base ship just your inserts parallels and hits Yeah, Shane. Personals are full. We've been full for about an hour crazy amount of orders coming in today We do appreciate it The order now at most likely will not get ripped today as force does not do Personals after group breaks on Sundays. It'll grip get ripped tomorrow after group breaks with Caleb and Sam Scoochie having a good day today got read the 2022 real Mudo and a Jaren Duran on the boot foil rated rookie. I Don't know Blake a good question It's all his tops now a call-up email we've got rated prospect of Robert Paulson for the AIDS out of 999 and Blue Jose Berrios woke up a minute ago slept in today, huh? 2022 Aaron judge and Justin Turner blue foil We've got Josiah gray on the signature Ciri Otto Washington Ian Anderson We've got Walker Bueller to 46 on the presidential Cool in there. It's hard to see in the back. We can kind of see like the outline of the president That's a cool one and great deep in on the blue foil Six hours. Wow. That's a long time George Brett on the career stat line of 305 Hernandez blue Chicago signature series Gavin sheets Nice hit there for you Ethan Krona worth blue 2022 rated rookie Jake burger and Contreras blue foil Shrending Byron Buxton to 999 and blue Babe Ruth the 2022 that's a cool one Jake DeGronne blue cool Gucci We've got Alec Bum on the patch for the Phillies Spam patch for Lindor blue red to 2022 Rafi devours of Vlad senior And that's sick Vlad dual Otto Vlad II junior and Vlad senior booklet out of Was that that was out of tribute, I believe Got independence day Tyler McGill rated rookie Alcantara With Maryfield out of 2022 and Eli Morgan blue foil Unleashed to 349 Ricky Henderson Jared Walsh blue foil 2022 Marcus Semeon and Yeti Molina Independence day Madison Bum Garner Stan the man blue foil Khalil Watson red redemption out of us half fire that'll be took five Got Brian Reynolds of 2022 Byron Buxton foil Wanya Pez on the career stat line to 274 Jared Kalmick blue We've got Starling Marta on the independence day Doug we've got Liberty of Jared Walsh for the Angels Liberty insert again, that's one per box on those elite series to 149 Cody Valinger Diamond Kings of 2022 Cedric Mullins Louise Castillo on the blue Independence day Justin Turner and blue Diamond Kings Mike Trout Alright Ethan that'll do it for your box of Don Russ. Thanks again for hopping in and we'll get these right out to you


The peak end rule is a psychological phenomenon that occurs when people judge an experience largely on how they felt at its peak and its end. There are two reasons for this. More emotionally intense events lead to better memories than less intense events. So if you experience a drama, the peak is what's most moving, and to the mind that's the most vivid mental snapshot. We have a better memory of the end of a sequence, a phenomenon known as recency bias. If you get to eat three different desserts in a row, the second dessert forms a new memory that makes it harder for you to recall the first. And when you've finished all three, your brain remembers the last one most clearly. However, the rule does not always work. As we go into an experience, our expectations play a lead role. If they are initially not met, our prediction error can affect our perception of what's about to come next, including the peak. But for now, let's assume that everything goes according to plan. Say you go to eat out at a cheap diner, and your expectations are low, then the memory of your evening will be formed by the peak and the end. The dry salad, the bad music, and the dirty bathroom are long forgotten. Later, you might rate the experience as exceptional, but what if your expectations are not met? If you go out to eat at an expensive restaurant, you can have high expectations. If the initial experience doesn't meet them, your mind decides that the place isn't that good after all, and you'll see everything through an overly critical lens. The peak is discounted, the end outrageous, and then the overall experience is rated poorly. So if expectations are low, the rule works. If they are high, it's important that they are met right at the start. Evidence for the rule was established through an experiment in which people were subjected to an unpleasant experience in two different ways. The first trial had people submerge a hand in cold water for 60 seconds. In a second trial, people put their hand in the same cold water for the same amount of time but then kept it there for another 30 seconds, during which the temperature was raised by about one degree Celsius. The subjects were then offered the option of which of the two trials to repeat. And as it turns out, they were more willing to repeat the second trial, despite the prolonged exposure to the cold water. Kahneman, Fredrickson, Schreiber and Radelmeier, who conducted the study in 1993, concluded that people chose the long trial simply because they liked the memory of it better than the alternative. If you happen to run a restaurant and manage to meet your customer's expectations, you can create a wonderful peak, finish with a fantastic end, and deliver an experience that's not only excellent but will also be remembered as such. Now what do you think about the rule, and did you ever make your own peak end experience? Please share your thoughts and what you remember from this video in the comments below. If you like how we explain complicated ideas in simple cartoon animation, you can support us. Visit patreon.com slash sprouts. Just visit us, learn how it works, and what's in it for you. We hope to see you there. And if you are a parent or educator, check out our website, sproutschools.com. There you can find this and other video lessons, additional resources, and classroom activities. If you found this helpful, check out our other videos and subscribe. If you want to support our work, join us on patreon.com slash sprouts. For more information and additional content, visit sproutschools.com.