The following is a presentation of TFNN trading hour with your host David white call now toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER> now David white and welcome all to another exciting edition of the power trading hour with me you're humble lovable and squeezibly soft host as always we'd like to come to you at this time I think they were beeping why I played it maybe we need to play it again the following takes place between 2 p.m. and 3 p.m. and they were early again don't have that synced up quite yet anyway what else do we have going on today well certainly we were testing the lows today I don't see a lot of reason to jump on the long side of the market I had one last short that we set up from last week that we were out of this morning and got pretty close to the top tick on it I wanted it I was pretty sure that the Asian markets looked very weak and after they came back was expecting to start rolling over fairly quickly generally when that happens I like to go to the nuclear option which is EDC which is a leveraged ETF to the third world we bought it under I think low 41's and sold it as it approached 49 this morning so another good trade this week been on fire in Fuego this week as we continue to watch some of these things bounce around one of the things in fact I was talking to somebody this morning and get permission to talk to them anyway they were talking a bit about everybody being so bearish and I said I don't see the evidence of it there's a handful of stocks where people are horribly bearish but the thing that I look at and I guess sneeze I'm back from sneezing now not exactly sure why I got the sneeze going on here but wanted you to look at this in my daily newsletter every day but I break up the put-call ratios for the VIX and the equity options every day just to see whether or not people are feeling bearish or bullish and when we got into yesterday instead of spiking normally the people that want to short the most short at the bottom and the people that in it if you really want to see a market roll over as you heard me talk about what you want is nobody to short of top we've been saying that probably for about the last 10 days that there wasn't a lot of shorting going on unfortunately I hear a lot of people actually telling me that there was and I was kind of surprised they just kind of think that there's shorting going on I don't think they actually look at the numbers at least the numbers I'm looking at but when the put-call came in at the end of the day yesterday at 42% instead of something like 90% I thought well I'll go ahead and hang on to my last short no reason to bail out here we scored on the other ones so what are we going to do well we we had to sit on it today and my guess is the end of the night we're going to find everybody actually did start thinking about buying puts and that generally puts a floor in the market at least for a little while but if you look at this chart at any time any time you approach about 90% you get a bounce that lasts generally a handful of days after that is it 100% no but is it 90% probably I'm gonna have to do the numbers on it but it's so good at telling everybody that if when everybody gets bearish generally it's over and when everybody is in euphoric and can't pull the trigger short they've given up that's when the market falls fairly quickly but you know our conditions that bad the answer is no is this trade deal actually bad I think you can actually say maybe short-term the market reacts to it long-term hey we put people back to work we get steel companies back in production in the United States we get whirlpool producing Washington seen washing machines here in the United States if we had to go to war what would happen if everybody cut us off for the stuff that we no longer want to produce here in the United States what I what I mean no longer want to produce if you have to have some kind of draconian EPA regulations and you can't do it here and you just send it over China all you're doing is sending all the pollution over there so I don't think there's a lot of virtue and just saying hey we're not going to do it and saying that we're going to dump it all on the poor Chinese folk we are you know I guess if we're going to do it we should just say hey we're going to pay up for it it's going to be a little bit more expensive to me I think it's going to be a hell of a lot cheaper on the long run because if we have the ability to actually wage war people are probably not going to go to war with us if we're weak if we're apathetic if we're conciliatory all the things that led up to World War two and that is we don't like war so therefore we're not going to actually act like we could ever do anything about it and that's when tyrants actually decide that well they're acting like they're weak they must be weak and so I think a lot of people kind of short term on the whole tariff issue I think maybe in the long term and even maybe even the medium term it may not be that long things may work out a lot better than you think we put a lot of folks to work I couldn't be all bad in the meantime Chinese they lose four dollars for every one dollar we're going to lose in trade that's not good for them or of course the biggest trading partner with them and the question is just how much pain can they be and if you listen to Mr. Chinos of the in Ron fame and others he will tell you that their entire banking systems built on quicksand and it's always been whether or not the wolf is going to blow on the building we're going to find out it's made a straw so maybe maybe we just know in this negotiation much like Jack Kennedy knew in the Cuban Missile Crisis when we found out that probably 80% of their missiles would have blown up in the silo he thought he actually push and get the kind of deal that you wanted because and things were going to fall our way no matter what but I think you can make a very good case that the Chinese are actually weak here we have a strong position of course history will tell us what it is but when everybody tells me in the media something I generally have to pause and reflect and think that probably isn't most things they don't know what you're talking about we'll be back after the Taz profile scanner is the most revolutionary piece of trading software that you will ever try wouldn't you like to approach the markets with confidence as you begin your trading day it's likely that you'll be faced with lots of decisions in order to make the best decision the first thing you'll need is a strategy that will help you minimize your risks whether we're in a bull or bear market a good strategy is to have the tools needed to help you scan and analyze the markets before you trade the Taz profile scanner instantly scans and filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve doll president of Taz market profile the Taz profile 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And we had a good question in the den that we're going to do some history and that is why do I spend more time on the VIX than anything else and the reason is that those are the options in the out of the moneys and if you're a big hedge fund or something or a big fund of any kind and you're wanting to hedge your bets you can go after individual stocks but for the most part you're just going to say okay I'm going to go ahead and hedge the S&P stocks and it's a lot tougher to get a number for all of the S&P stocks that it is for just the ones that are in the VIX they publish that because of course the people have to to let everybody know they're playing fair on the VIX so it's a number that they actually do for us and it has the math has to work out people would catch it fairly quickly so we know not what the the premiums are at at the money puts and calls but out of the money puts and calls so if someone's buying something because they think it's going higher maybe they're more likely to buy something close to the money opposed to way out of the money and if no one's buying out of the money puts and calls and they're pretty sanguine they don't think the market's going higher or lower but almost always it is buying protection to the downside for the VIX whether or not they're buying the VIX itself or just going and buying puts in stocks that they own but it's a I like that as a better indicator one the as you'll see the equity column on this chart it just doesn't change that much it occasionally does and that's a really big signal of bullish and bearishness but for the most part it's been hovering around the same part for a while got a little bit of a dip down to 52 on the third and of course that's when I started pulling the trigger so you get a little bit of the same thing but you want to see at those bottoms the equity put call and the VIX expand but you're going to see the the VIX probably expand when we do have a bottom it'll probably come in at about 85 or 90 for the day kind of like the the trend and the tick you see everybody deciding to do one thing at one time and it's generally wrong what else do we have to do we got a little history on this day in 1887 Buffalo Bills Wild West show opens in London giving Queen Victoria and her subjects the first look at real cowboys and Indians in 1872 Edward Johnson also convinced Cody to travel to Chicago to star in a stage version of the book Judson had written a book about I don't know a few years before that one of those pulp fiction novels of the late 1800s or 1900s 1800s and it was a it was a monster success a blockbuster a summer blockbuster if you would if they had movies back then Cody broke with Judson just after a year but he enjoyed the life of a performer it was making oodles and oodles of money stayed on this stage for 11 seasons more that did kind of ran its course and then he started the Wild West show and started putting it a big tent that was pretty much successful into about 1910 with the movie theaters actually opening up people kind of looked elsewhere for their fun but he remained on the road for almost 30 years a lot longer than he was hunting hunting Buffalo or fighting Indians in the Great West and of course what we know about the Great West almost all of its wrong the right part of this was that what we got from the movies was mostly from his Wild West show that developed over those 30 years okay what else do we have going on in the market you can give me call<PHONE_NUMBER> and you can do other things also email me at pathdfnn.com as Pete did he wants to know about Hyl D and we will take a look at that I think I've got it there take a look at it. Okay how about 50 day moving average first time six over what's the signals to this the high yield debt market well you know we are under pressure in the bond market of course for anything we do the Chai comms will probably do something to counteract it at least somewhat my only thought is that if those guys blow up they've got a 1929 kind of bank crisis at least we may have some of that but it won't be near that and as long as they have far more to lose than us I think a lot of this stuff is going to correct get corrected I told a month ago two months ago three months ago that this trade deal was not going to be solved instantly I thought it was going to take more than a year to get done and it probably still is markets go up and markets go down I wouldn't put a lot of emotional significance for me in my future or your future on whether the market goes up or down and of course I asked the other day and I'm still asking what is the alternative to doing nothing about the issues with China and I haven't heard a lot of alternate theories of how we can make them act more in the community of the world than else out there you know you're back down to support level on this H Y LD I'm more of a fan of looking at the TLT for what's going on so we'll take a quick look at that this is just back up to its previous level you really need it to break 126 69 to get a signal right now we don't have a lot of anything either volume or others where do you get your information from the put call ratio and VIX or equity options off the CBOE website now I do do a different version of the calculation for that do I still have this that's one thing where's mine I can load it again the way I look at it and unfortunately on websites you're going to see it done a different way I think it highly over rates the put call ratio it makes it look a lot bigger than it probably should be and has a bigger emotional impact but the way I look at it is the most that you can have is 100% of on the put call ratio a lot of people make it look like you should have 150% put call ratio right but yesterday what we saw were you know 130,000 more calls than puts and that tells me that people are not bearish they're still bullish and until they kind of capitulate out there we probably have a little bit more pain to go and we'll talk about that when we come back you can give me call<PHONE_NUMBER> the path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted don't miss out on this great chance to get a 30 day free trial to David's daily newsletter the path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning then visit the front page of TFNN and you'll find the path of least resistance under trading newsletters for all the details and to start your 30 day free trial today log on to TFNN.com now hi folks Tom O'Brien here if you'd like to get my daily newsletter of market insights then now is a great time to sign up for a 30 day free trial every morning by 9 30 I send out my morning letter to subscribers with market commentary on a variety of markets currencies and commodities to keep investors up to date on the day's trading action included in market insights are specific buy and sell recommendations for stocks ETFs and even options which stops and price targets included for every trade in my newsletter if you'd like to try my newsletter risk free for 30 days then head over to the front page of TFNN and you'll find market insights under trading newsletters I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information they need to know for the day ahead I even issue afternoon updates for my subscribers whenever warranted with important market action I'm always scouring the market for the next great trading opportunity sign up for your 30 day free trial to my daily newsletter market insights today by visiting the front page of TFNN.com well look at them folks TFNN is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including Gartley's ABC's Butterflies and much more the art of timing the trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days weeks or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're gonna love this new charting software that will even give you a 30 day unconditional money back guaranteed don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting TFNN.com this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of TFNN.com and I had a question during the break where I get this data well the CBOE makes it available all the way back to 2006 I think I have that I programmed it all so I downloaded every night I just click one button but of course I'm a programmer makes it easier for me but I also put it in the newsletter every day so everybody can see what I'm looking at to make my determinations but if you need the link to it for the VIX data just go ahead and give me an email Stan asked for it so I'm gonna send him that link and I'm doing it right now but you can to path at TFNN.com and of course since I've got it in a program I'd actually open my program and dig in here to find the URL for it but it's a CSV so you can load it into a a spreadsheet if you want anyway we were looking at the TLT as we came back up what we're doing is just going back to this gap down from April 1st that had 16.5 million shares you got about half that now which is saying that there isn't enough juice to go break out this high of 126.69 and the question is what else is going on but I think mostly it's the trade issue so what did I do here to EDEZ had an email here asking me about my trade on that one I was looking for it to get back up into 48 which was this island reversal back here from March 8th it got to 49 or was it what is it high they 49.39 got to 49.38 today so is it spiking through there we went ahead and sold but we bought back here I think on that date which was the second and it had a doji out there I thought it was gonna just continue up pulled back a little bit down to I think it closed at $40 and 20 cents on Friday and then of course gapped up Monday morning and we sold out into that but that was our target was 48 bucks once it got to 49 this morning we went ahead and sold it and again so when you can not when you have to what an investment it was a trade but one of three that last couple of days have paid off well for us or paid off and what else do we have I got some more emails out here the question is what to look at for Facebook so look at that okay no chart yeah it did it flipped off I see that I'm not exactly sure why let's do this again and bring back up the charts should have that okay oh what were you doing oh Facebook that's what was okay Facebook has pulled back if you were looking through the news today one of the co-founders of Facebook basically calling Mark Zuckerberg everything I've called him which is a sociopath may be worse a the equivalent of a child molester for free speech I think you could say that saying that the company should be busted up and why he didn't say it kind of close to calling him what I always call him which is Citizen Kane him and Bezos both have reached levels to crush anybody with a dissenting opinion that they have and maybe there needs to be something done about it I I worry about the government trying to tell them what they can and cannot say I do think that Facebook Amazon and others have shown every effort to restrict competition against antitrust laws and if anybody ever pushed it certainly it would be there not a lot of effect today but I think there's enough juice for both Republicans and Democrats to go after Facebook I hope that the cure isn't worse than what we have now in the the SFCC a couple years ago we had Board of Governors actually saying that they hated what other people said they were going to make sure that you couldn't get to them on the internet if we have fascists like that I mean free spirit speeches where everything for our rights starts with it's backed up by this backed up by the second amendment and all the amendments flow down from there without that kind of stuff well we'd have a king instead of a president and 535 elected officials nationally and of course local state all the rest anyway off my soapbox on that Facebook gonna face a day before the man and my guess is that there are four times or a hundred times more guilty than Microsoft was in 2000 it's gonna be incredibly tough for them to lie once they get dragged in and everybody has to start saying well you know I guess I gotta have to tell the truth because I'm going to jail if they catch me in a lie and that's it I would think that you've kind of got a couple of those setups up here that tell you that Facebook and probably to a lesser expense extent Twitter are going to face problems of antitrust and probably regulations putting them more on the level of a telecommunications company and having to at least allow free speech I think that's probably the best way to put it right now incredibly evil I guess that's probably the best thing you could say about Zuckerberg and his crony of evil weasels molesting free speech at every turn but yeah what can you say generally that stuff does catch up into the market it just doesn't do it all at one time okay other things I'm going on here okay got that got that got that okay got that okay Microsoft is it a buy here I think you could still continue on as I've said before the scenarios that I've looked at is if we pull back into the three-day weekend coming up for Memorial Day probably one of the bearish or one of the most bullish setups that you can get right now I'm suspecting that we kind of play around in this area of 2850 to maybe 2890 on the S&P cash and we do that for maybe into next Wednesday everybody finally gets very bearish and starts betting on the downside maybe we get a huge run come Wednesday Thursday Friday next week but to me I think that's kind of what it looks like right now I don't see any big sign of a tradable bottom just yet but if it continues along like this all we need is a lot of people actually getting bearish for us and that probably will set up a squeeze and maybe even a squeeze into it three-day weekend coming up at the moment I don't see any big plays we'll talk about the options curves and what I saw last night in those and that give you a little hint don't see anything again wait for the whites of their eyes out of my motto for this month be back in a minute if you're in the CD market and looking for a secure investment the Tiger first mortgage program may work for you the security for these first mortgages are 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character yeah yeah anyway I was wondering what your thought was on Intel with it getting slammed like it is right now well did you hear my call on this after the earnings call and before that with the news with the new CEO no okay back when they finally got to go back and fill that gap around 41 or something is that right yeah here's kind of the history of CEOs for technology you need kind of you watch Star Trek right the original one oh yeah yeah the captain was kind of a gambler and you had Spock was nothing but but all all logic that's kind of what you want the CFO it's not what you want in the captain of the ship and they've got kind of this weasel like CFO that ran around with a lot of palace and intrigue got the old CEO kicked out for something that happened like 10 years ago and then proceeded to work internally to get power and become the CEO in the very short term I said you know you're probably gonna have a little rally as he cuts a lot of the dead wood out of the market and that final gap up was them saying that they were getting out of 5g up to 59 59 so everybody kind of like that little gap up on the Qualcomm Apple news that they were at least we're gonna throw money down a rat hole that's what they like about CFOs they do cut the dead wood out of the companies what they don't like is a total lack of vision to drive these companies to new heights and another thing is that he is continuing to cut out a lot of the dead wood and trying to get that out of the way so in the future things look kind of rosier for him but especially when you get CFOs that leave not on their own terms it's not uncommon for at least the person that takes over to go into the books and find anything that's questionable and write it off right now and I think we've kind of got a couple of those things going on right now not a lot of faith in the new CFO because he's more of a what would you call them a politician than a CEO and why we don't as traders spend a lot of time looking at him there's a handful of stocks where it really makes a difference and in technology stocks it's how many people can not just take risk but take good risk right and you find that generally CFOs make really stupid kind of acquisitions like buying AOL in 2000 or you know Microsoft wanted to buy Yahoo at a massively inflated rate finally they were going to throw a bomber out of Microsoft was a 2007 or something out if he bought Yahoo so that was kind of Microsoft kind of dodged a bullet there but the history of CFOs is kind of like what you have an Apple now a lot of failed products for a variety of reasons they have a big they they tend to not know a lot of the nuts and bolts of what's going on in the company and people that track the analysts that actually track not the stuff that you read but the stuff that they actually know and tell the people inside is you know this guy doesn't really know much about the company he may have a very sharp pencil but you're not going to find him spending a lot of money or making the right decision of where to put the money and gamble on future products so I mean for the most part Apple has been kind of lucky so far but they've had one good product come out since Steve jobs left so it's pretty much all legacy the question is what's their left and that's the same question I suspect that everybody's asking for after earnings and Intel which is okay you didn't do well on earnings now what are you going to do and I don't think that there was a big answer out there the guy that they had running the company was doing a pretty good job but like I said there's you know you get a weasel in there and I kind of put the guy that's running Intel right now in the weasel skunk category for running around with the palace intrigue without a real vision for the future kind of just the opposite of what we got from Microsoft when bomber left and we got somebody that truly understood the business that they were in now the you know Microsoft can't be stopped and Intel could be like that but I think it's going to take a year or so until they fire this guy and figure out that the emperor wears no clothes like I said when he took over I was very short-term bullish and kind of long-term bearish on Intel does that answer I mean that's not even without even looking at the chart you're going to find a lot of people in Wall Street they're taking the long-term view what happened the last three months doesn't matter to them whether 100 a year two years three years from now and they see some kind of goofball get in here that is you know good with the long knives and planting them in the back of other people he works with and probably not the guy you want running the company you want somebody that's you know kind of rallying the troops not having them all duck and cover every time he looks your way so this would be something you'd avoid and just stay away from that huh at the moment I can't see why I think this is a company it has a lot of great products that are in here and I think as soon as the CFO changes which I think they'll get tired of them in a year but it may take that long unfortunately I know there's a gap in the stock down around 41 or something like that back a couple years ago and it never got filled and I was thinking well maybe it it should probably get down to that 40 41 level yeah but again what are you gonna do Bob bounce to 45 I don't like the risk reward until the CEO is gone let me put it that way I've seen a lot of sense because that would make sense on a technical basis too because it may drop down all the way down there to you till they straighten the company out too so right and why this guy is a good CFO I just don't you know a lot of the issues they have they need somebody like they had not this guy who doesn't know that much and you know it just doesn't say do you guess that Intel CEO was indeed part of the group that engineered out the previous CEO and the answer is yes that's just somebody asking something in the tiger stand but yeah from everything I read I you know I have no actual knowledge but yeah apparently this guy went in was digging for dirt on this guy and went back for 10 or 12 years to find thanks for the call we'll be back in a minute Dave good info okay I'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers is share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes author of mastering probability and for the last 12 months timer digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12 6 and 3 months timer digest also ranks me as the number one market timer for gold as well the fact is markets can be timed and 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indicators Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a two-week free trial to the opening call Basil's daily trading newsletter by visiting the front page of tfn.com cancel at any time during that trial and pay absolutely nothing get your two-week free trial to Basil's newsletter the opening call today by visiting tfn.com catch Tom O'Brien professional trader and educator founder of TFNN also a special guest on CNBC Tom will bisect and dissect the markets the Tom O'Brien show next on TFNN and what else do we have going on here that's kind of it we're gonna wrap up the show with what I suspect is going to happen of course no big mystery we had about 12 billion dollars sucked out of the market that money had to come from somewhere along with the tariff issue markets were already weak and we've seen it fairly strong move down a lot of these stocks just because I think maybe we're done going down for a little while does not mean that we're going up I think we could probably get a couple of days of a squeeze I think the way that normally sets up is maybe some kind of retest of today's lows next Wednesday if everybody gets bearish then we'll have enough shorts to go squeeze maybe for a couple of days ideally so far what we're looking for or what I at least I'm speculating is going to happen is that we're going to pull back into the three-day weekend going in to June we're going to do it on light volume and it's just going to get down there we're going to have probably some of the best buys of the year in this market and everybody's probably going to give up on trying to figure out when the trade deal is going to get done we'll get back the fundamentals this market is probably going to move along much better without this deal it's always been where I thought people were going to instantly sell thinking that the top was in I think we could rejoin make enough energy going on this summer to get back up and if the earnings continue to come through as they have been I think the next time we get back up there maybe you know into the summer maybe in October we'll bust through those highs and go to halftime highs long time speculation but I think that's it I think we're looking at maybe one of the best setups for the next big run go break out two new ones but it's gonna take a while don't get too excited just yet in the meantime so when you can not when you have to you'll see here tomorrow same back channel


The following is a presentation of TFNN in Market's Kickoff with your host, Tommy O'Brien. Good Friday morning everybody, I'm Tommy O'Brien, coming to you live from TFNN just after 9 a.m. Eastern time. We got about 30 minutes to go until the opening bell and quite a market as we continue to the downside in pretty dramatic fashion. We're gonna kick things off with a weekly of the S&P folks. I've been talking about this trend line for a while now and that is quite a decisive break. That is quite a decisive breakout on a weekly basis. On the S&P you can't ignore the acceleration we got this week folks. You're talking about a high of this bar 46.71 with 230 points below that price level right now back on a 15-minute basis. Quite the acceleration yesterday. You almost can't overstate the move we had. You're talking about an intraday high yesterday of 45.94. Less than 24 hours ago folks. You were trading 150 points higher than you're trading at right now. We're still off the lows that we got at about 10 p.m. Eastern time last night at about 44.30. We're trading at 44.44. You're down two-thirds percent in the S&P. NASDAQ 100 down more than a full percent. You're trading 14,684. The Dow is off about four-tenths right now. The Russell off about 14 points. Bitcoin gonna get a lot of headlines coming into Friday coming into the weekend. Bitcoin yesterday sitting pretty comfortably above 43,000 this morning. Not so much the case. You're down $4,400. Bitcoin really accelerates with them with the market. Market makes a high at about 11 a.m. Eastern time yesterday. Things really fell out for Bitcoin towards the end of the day. But man you had quite an acceleration overnight as well. You ended the trading day yesterday in Bitcoin about 41,400. And you see the acceleration there on a 15 minute basis. Now no huge fundamental news other than you know China putting the clamp excuse me Russia putting the clamp down on cryptos calling it a threat.  The last thing he wants is to lose control of the money supply and have his citizens able to act and do things without it. But that same thing goes for Western democracies Europe etc. are fed keep your eye on that one because we have just crossed a critical level. It's the second time we have you put Bitcoin on a daily and I had mentioned I mean when we broke below this 40,000 mark you're going back to January 10th. So you're talking about 11 days ago seemed like Bitcoin had saved itself bounced off that $40,000 area just like that though pretty decisive break when you look at it really decisive since November 10th you're talking about just over two months folks 70,000 to 38,000 and next stop seems all but assured to be 30,000 on this now that we've broken a couple times below this we have the markets escalating to the downside right now you got Bitcoin at 38,000 and you can see there's nothing in between about 40,000 and 30,000 and that was the run it had from July to basically August in one month span now you back it up a little bit further on a three year weekly that's where it looks a little bit clearer 30,000 the price point that's where we came into the year 2020 would give it all back from 2020 and man you break below 30,000 10,000 in play like instantly to because this run it had on a weekly basis folks you went from 10,000 on October 12th to ending the year at 30,000 in less than a quarter you rose from 10,000 to 30,000 kept going to 60,000 we're on our way to 30,000 and if we cross 30,000 you don't have to be a master technician folks to see where Bitcoin goes and it's 10,000 let's jump over to Ethereum as well Ethereum not going back as far but quite a decisive break as well now you are right back to where you were on September 20th on Bitcoin trading at 2700 you break below this level and you're talking about 1700 1800 the pullback we got in the middle of June and July on Ethereum all right we jump to crude crude holding up relatively well with everything else going on in this market crude right up against these highs we had back in October now this is a three-year weekly to see the action we have you can see crude settling at a new normal you put crude going back a five-year weekly above where we were at even in 2018 and you check it out on a monthly basis pretty similar action in terms of Bitcoin you have really easy to spot price action on these charts folks you're breaking through areas right now on crude next stop is a hundred dollars we haven't done anything look at the fall off we had back to 2014 everybody's talking about hundred dollar oil oil can't even trade lower with the market just dropping out of bed in a big way and nonetheless we got crude sitting at 85 bucks next stop seems to be 100 on that in similar fashion to Ethereum anytime you break a very critical area folks and beyond that critical area you just have a one-way trip to a certain price as in you know right when we broke above basically that that high that we got back in 2018 when we break above 7690 there is nothing in the way between 7690 and 100 bucks and it did that in the span of about four months going back to 2014 2014 remarkable you're going back 2014 all right back to a daily on the charts we check out gold gold's behaving relatively well as well 1842 gold struggling for a bit maybe with the market in torrent turmoil gold shows a little bit of appreciation finally in the face of some inflation that's pretty shocking and we jump to the all important notes and bonds catching a little bit of a bounce there oops excuse me in the note and bond we got the tenure right now a little bit indeed right quite a bounce and for sure now this is where it gets interesting i mean you get markets selling off you have yields actually decreasing now as the floodgates go to the safety of bonds now if that happens it's going to send rates back down which is pretty interesting and it is quite a rise from where we were Wednesday folks you're talking about a full point and eight ticks in the tenure right now turning it one 28 11 all right and let's get to quite the main course last night after the bell maybe this is the freak out that's going on with the nasdaq right now and it might be because netflix is not stopping folks we're trading at 400 bucks you were trading at 520 yesterday that's 120 per share that netflix shareholders are going to lose just from where it was at about 1 p.m eastern time yesterday they missed on subscriber numbers and that's all that matters to this company i mean i'm a big disney bull disney underperform the market and they are trading lower we'll get to them shortly as well last year they underperformed they're trading low with netflix this morning but disney has a lot more going on so when they come out with their numbers the market is heavily interested in what they're doing for streaming but they're also heavily interested in their parks that have struggled they're interested in the movie theaters that they are releasing their films in that aren't open yet netflix does one thing they sign up people for streaming and that's it period they pay for production they pay for content they sign people up for their service and that's it so it's really simple even though they made the numbers last night in terms of revenue in terms of consensus estimates for revenue earnings that type of stuff subscribers are all the matter of this company as i speak 399 i did not see this one coming and i want to say if you're looking to get in netflix right this might be at least an opportunity because you're going to open folks at 400 bucks to put this on a chart okay we got to go back even further but check this out we are at pre-pandemic prices they give it all back netflix gives it all back from the pandemic remarkable peloton we're going to get to coming up as well i mean just uh experiences a lot folks living through this seeing this seeing these companies that should have benefited oh so greatly and they did for a short time being they are not meandering the end of this pandemic like we all kind of suspected as netflix surged to 700 you're going to open at 398 we're going to take a look a little bit at netflix we're going to go back a little bit further we're going to talk disney we're going to talk peloton we'll be right back folks stay tuned everything in the universe is governed by the 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authority and 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 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 welcome back folks we got a chart of netflix up here netflix trading right now at $399 is the ask right now under $400 on this chart so i had the three-year weekly up when we went to break backing that up a little bit further there's your five-year weekly now interesting right that we're opening we're talking about important price levels on charts folks 400 is a very important price level for netflix we trade below 400 just visually you can see that number one you get the next round number 300 and 300 was an area that yeah we traded all the way down to what was it 231 at the end of 2018 we got to a price point of 252 at september of 2019 so yes we are going to be back to $400 which was where we were trading at pre-pandemic levels but it is important to remember that netflix really accelerated i mean you're talking about a stock that was trading at 137 as recently as 2017 right so that is still a three-vagger okay from that price point from where you are right now just for some context but critical area for netflix at 400 getting into the actual raw numbers uh they missed in a big way and they really don't have a reason why which is probably partly to blame in terms of why the stock's being punished so much uh 2.5 million subscribers is what they expect this quarter that'd be the company's worst start in more than a decade plunges is how they put it uh erasing yeah 45 billion in market cap so they added 18.2 million customers in 2021 that's down 50% from the record year before now checking out the ads they've had on a yearly basis okay 2020 record year pandemic they capitalized they add 36.6 million subscribers last year they add 18.2 you add them both together you're talking about what is that 54.8 million subscribers that's 27 million subscribers per year over the two years they definitely pulled forward some of the subscribers we know that now when you look at this chart you can't deny it when you look at the yearly follow-off to the tune of about 50% of what they did in 2020 but when you take the average folks at 27 it's exactly what they did in 2019 now 2018 was at 28 but pretty much on par 2018-19-20 and 2021 they're pushing about 27 to 28 million subscribers per year ad uh market though was looking for yeah 6.26 is what they were looking for for the current quarter that's the one that they're talking about 2.5 million subscribers now now here's the part that gets a little interesting though if you're a bull on Netflix could cause a little worry company executives struggled to identify why growth has slowed they bramed a tough economy especially in Latin America as well as lingering fallout from the pandemic they acknowledged the potential impact from rival streaming services that's something new uh yeah and as I say re-hasting says long-dismissed competition as a problem noting Netflix has grown as many rivals came into the business that's very true as well and this is something we're going to start to see play out because my friends and I were even talking about yesterday uh you know Disney catering to people with children especially how does that play out when you talk about cancelling uh many children though they're hooked on Netflix just as fast folks if you have little kids in your house maybe you're familiar with Coco Mellon on Netflix that thing is like uh caught fire in a big way so can you cancel either of them can you cancel both I have both in my household many people both have probably have both in their household but we're nearing a point they're talking about the tiger's den yesterday man you add up your cable bill you add up Netflix you add up Disney maybe you got the Disney plan with hulu and ESPN plus maybe you have HBO Max in there as well you you're paying probably more than you might have been paying for cable at the beginning of things so we'll see how this plays out you have Disney trading lower today you have Roku trading lower today as well I think they put in here but yeah so this is the quote okay it's tough to pinpoint why subscriber acquisition hasn't recovered to pre-covid levels that's the CFO said on their webcast yesterday he and his colleagues reiterated their confidence in long-term prospects for the business well what else are they going to say that that we're in deep trouble and we're never going to turn it around and the long-term prognosis is negative you're not going to hear a c-suite executive say that ever folks um India they just go over some of the numbers that they posted in terms of what they were looking for nonetheless that is Netflix they trade lower and this will be an interesting open folks at about 400 bucks from Netflix shares now we got jump over to Peloton Peloton I mean Netflix Netflix changed the world folks they they're going to be around okay they're going to be around at a different valuation today than they were yesterday or a few years ago Peloton you can't say the same thing Peloton has not changed the world folks they became quite a phenomenon that is undeniable the chart says it as well they've become a phenomenon to the upside and to the downside yesterday folks I'm getting meme jokes left and right from my friends about Peloton Peloton has become a meme joke stock after becoming a cult following stock now they've built quite the following over the period of the pandemic that following is probably going to follow them through but I wouldn't even buy a $2,000 bike during the pandemic I'm certainly not going to buy it now I heard my dad talking about it yesterday in the same sentiment uh they obviously have some problems they halt production yesterday uh they're trading at $24 you were trading at $37 in 2019 uh what it must be like to be down 40 percent in Peloton over the period of about two plus years when you had COVID strike during that time obviously a period of mismanagement they ramp things up the forecasts were horrible you combine this you combine Netflix folks some of these expectations that we have excuse me and Netflix is a different deal in Peloton Peloton is complete mismanagement by the executives you can't deny it and then the whole story comes out that you got the executive selling 500 million at the tops here's what i'll say about that portion of it okay insiders transactions are very important I think it came out that the CEO sold about $110 million of his position that was only about 10 percent of his portfolio all right I can't blame an executive that sells out 10 percent folks when you trade from 17 to 170 as traders ourselves if you get a 10 bagger during that time the expectations built into the future are just mammoth so he was a billionaire at those prices I think he's now worth like 300 million or something like that and he cashed out a hundred million at the top keep your eye on those positions a bunch of executives did it I can't blame them no I really not people are up in arms over this deal folks executives folks an executive that starts a company like Peloton brings it public you know creates a phenomenon during the pandemic he's a billionaire and he says to himself you know there's a lot of growth built into the price of this equity at 100 bucks 120 140 170 I think I'm going to take 10 off the table and diversify it because why would I keep one billion dollars in a company that's trading at 171 that was just trading at 17 now Mark Zuckerberg would disagree and that's how you become king of the internet is you keep all the shares you keep all the ownership if you ownership if you really believe in what you're doing but he could have believed it in as well and just didn't want to write it out at the tops like you see there at 171 which is pretty crazy over the top in terms of where you are on that equity when you were just at 17 did not think that we would get below pre-covid levels though on Peloton now Netflix the reason why Netflix should freak out the market a little bit is what happens if technology stocks are missing in a big way and what happens if we got a tough earning sector coming up tough earnings quarter coming up for some of these equities Netflix did not imagine that you could trade a 400 bucks on their earnings last night about a $35 move priced into this equity coming into things so much much larger move if you were buying it at the money put or call yesterday about $18 is all you were paying well you're going to get $108 move to the downside on that equity on the open stay tuned folks we'll become right back for the opening bell we'll take a look a little bit Peloton we get back we'll take a look at disney we'll take a look some of those tech stocks as well nasdaq off 113 we'll be right back are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the tiger's den trading room only at tfnn.com the tiger's den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with the sharpest minds in the trading world subscribers to the tiger's den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other tigers and 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off the $32 it was trading at yesterday when the news broke that they are halting production of some of their bikes i think you have the ceo out there doing a little bit of damage control out there as well like i said i mean they got a big following they got a lot of people with bikes now that they're going to have for recurring revenue but man talk about a reevaluation of the growth multiples on that company we're trading at $26 right now on peloton all right let's jump around to some of the thanks docs see how they're trading apple shares getting a little bit of a lift on the open check that out so we get the nasdaq 100 down 77 right now getting a lift part of that's got to be apple trading from basically 163 to 165 right on the open see how microsoft is trading this morning basically flat at 302 we jumped to google shares google trading flat as well amazon shares trading at 309 amazon actually with a 2900 print remarkable you take a look at amazon uh if you're looking to get an amazon folks you get a 2900 handle on amazon you could at least start to dabble the only thing a little bit worrisome is man this acceleration you got i would be very surprised if amazon gave it all back during the pandemic but wouldn't be the first time folks because man been surprised many times by some of these equities but we're approaching area that has nice support here of about $3,000 that's an area we've been shopping around in since july of 2020 folks you're getting into amazon at july of 2020 prices of about 3,000 back from 3700 a couple times last year so you're talking about what is that more than a 20 percent haircut or where you were trading out on two occasions last year on amazon shares and these markets we're surging higher as you got the s&p's down just 14 points now 14,000 uh excuse me 44 61 but man these moves on a weekly basis pretty decisive there's your s&p on a weekly basis there's your nasdaq on a weekly basis these two bars we got folks from january 3rd and the week we had this week of course january 17th you're talking about giving up in the nasdaq 100 almost 2,000 points folks we're about 200 points away from a 2,000 point give up from the highs we had to start this year that's a move you better be paying attention to let's jump over the vix as we're getting a little bit of a lift right now in the markets vix pairing that was gains a bit but man you're talking about 2675 and that is as i just had it you put this thing and back it up a little bit further just to show you the type of moves that are possible here uh this vix move up to 2670 pretty well below most of the spikes that we've had in the last couple of years you look at it i mean most of these spikes folks this is going back to uh march of 2020 i'll back it up even a little bit further to get the full covid spike in there okay but you had 85 when the market just fell out of bed when covid hit outside of that we look at the runs that we've had since june of that year and as you can see most of the highs actually higher which means that the pain may not be over man we are getting a lift but it's almost a scary lift every time we've risen in this market you've had to pay the price later in the day with some negative action we'll see if that happens today we check in on bitcoin bitcoin catching a little bit of a lift we're now 1,100 bucks off the low we'll keep our eye on bitcoin shares shares bitcoin trading at 38,760 right now all right let's jump down the line see what else we have going on in terms of stocks slumber j the oil services company oil good market to be in oil right now uh beat top and bottom line estimates for the fourth quarter 41 cents a share 2 cents above estimates higher oil prices spurred demand for drilling services slumber j slb is their symbol and they are barely negative after some volatility on the open by about half a percent we got this market turning positive russle and the dow just went positive s and p only three points in the negative right now yeah netflix we covered peloton we've covered uh csx they're out with their numbers they beat by a penny 42 cents a share railroad operators revenue also beat sales grew across all of its business lines as customers sought to deal with supply chain challenges however a little bit negative as uh they noted a surge in expenses the common theme there's cxx csx down about 3.2 right now uh intel yeah here's an intel one i want to get to they're going to spend 20 billion dollars in ohio chip making hub ceo explains plans in an interview with time magazine intel's trying to catch up to asia giants in chip making 20 billion dollars is quite a price tag to go after it the company expects to grow to be the world's biggest silicon manufacturing site according to a person familiar with its plans i mean 20 billion dollars is a lot of money but i think taiwan semiconductor came out and said they're going to spend a hundred billion dollars over the next three years or five years or something like that so the amount of money these chip makers have to spend just to be competitive is pretty remarkable uh they're going to be in construction of two fabrication plants on a 1000 acre site in new albany operational by 2025 so you're talking about three years time reported the plans earlier signing an interview with the ceo he said uh the company will use the location as a hub to research develop it develop and manufacture its most advanced chips and will have the option to expand to 2000 acres and up to eight fabrication plants intel shares this morning they are getting a little bit of a lift they're up one percent the market likes that now here's what i'll say about netflix as well they're trained at 399 right where they were down 21 percent the thing to watch out for netflix because i'm thinking about it myself i mean you got to imagine if you were looking to get into netflix and i was just even maybe long-term retirement wise right gets away from me to 701 they had this consolidation area from july of 2020 to basically for a full year till august of 2021 you break out of that you're back to four hundred dollars as i put it you're in a pretty nice area in terms of four hundred dollars being an area that you had a little bit of resistance back to even 2018 maybe that's going to be an area of support that you've had a couple occasions for the better part of 2019 we saw prices of 386 almost on a couple occasions but here's the thing that i'll say that's kind of out there looming netflix is struggling the market's making them pay for that reed hastings is an innovator folks that you cannot deny the way he changed the world if you recall when netflix was first starting and they had their cd service really remarkable that they built their company on cds which our children won't even know existed it was so long ago but when they first transitioned to streaming platforms if you recall first streaming was included and then they segmented it out right you had to either sign up for a cd service or the streaming service reed hastings knew streaming was the future there are going to be speed bumps they needed to ditch the cd deal they needed to start signing people up for streaming they need to start producing programs and spending money for streaming if they decide to get into gaming and this might be a catalyst because i imagine they're sitting at their desk this morning folks going okay how do we turn this around right we will not grow in the way we need to where do we find some growth it's going to be international for sure but you heard the executive saying we're not quite sure so if they're not quite sure why they can't sign up as many international subscribers to their streaming services they thought maybe one area is gaming they've talked about getting into gaming well maybe they really have some aspirations and they go out there and then they make a purchase into gaming it might be a little bit of a turnaround time but it's something to think about folks and so be aware that if you're getting in there that is a possibility that you could see netflix going out trying to really bolster their gaming maybe that's an area that they could provide more value to their subscribers and maybe that's an area they could provide more growth because they need it after yesterday and they're going to be thinking about that and that's one area they've talked about they want to get into something to keep in mind netflix trading at 398 down 21 percent we'll be right back in the market for buying or selling real estate in the bay area including the surrounding st Petersburg Tampa and clearwater markets tiger real estate LLC is a firm that has extensive experience in the Tampa Bay area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property tiger realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future called tiger real estate LLC today at<PHONE_NUMBER> or email us at tiger at tfnn.com that's<PHONE_NUMBER> call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value tech stocks as well as entry 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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 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 back folks so much for the market balance we're back to negative action we get the nasdaq 100 back down 130 points nasdaq s and p excuse me down 23 all the markets back in the red right now bitcoin 38 000 we get disney down 5.5 negative with the market but accelerating lower on the netflix news now here's what i'll give you on disney disney you back it up to the coven those of 79 dollars your rise to 203 march of last year 2021 we are now back to about a 50% run of that at 139 40 the 618 is sitting at about 126 42 now i'm going to back it up a little bit further so you can see the five on the five years proceeding 120 an area that we might have a little bit of support maybe that's your next stop because we don't have much going on between about 120 and 140 now you're at the 50% you're kind of right back to the area that you traded out on the first news of disney plus to give you some fundamental background of disney i mean we're approaching areas folks before we even had any idea of what disney existed like one friend made a point that i found that i agreed with is that disney if disney service now they have kids in the house if disney service was 19 or 20 a month they'd probably cancel but it's not folks it's like seven or eight bucks a month i think disney made a brilliant plan you know as you know i'm a disney bull but we're going back to an area folks that april of 2019 is when disney even announced any type of plan for disney plus prior to that you knew they they had talked about that they were going to create a streaming service but the market had no idea were they going to make it $17 were they going to go hbo max style and make it $20 a month premium uh no they undercut netflix in pricing the market loved the idea they traded disney from about 150 and up to 142 over the period of a few weeks just getting my bearings on how things went let me back this up again yes so april of 2019 they announced those plans uh they ended up being fortunate that they go public right before the pandemic you pushed a 153 on the news that they had signed up x amount of people even before it began point being folks we are back to price levels that they didn't even know what the structure was going to be like on disney let alone the amount of people they've signed up if you're looking a little bit longer term boy i encourage you to take a look at it at 138 because i imagine that 120 it's going to have some real support even if it makes it down there so maybe you start a partial position um yeah they're saying that they need a adult segment for the parents and they do have adult they got natural national geographic in there um they have some other things that are included but i agree and they are not competing like netflix man um kids themselves right you can fly around a million things on netflix the one thing that disney had does have that they're never never going to lose is the star wars franchises they get the marvel franchises right they got mickey mouse they got donald duck they have everything that goes with that um that's a tough one for netflix to compete with but disney's not getting it done in terms of the stickability if you don't have kids you're probably not sticking with disney so it's interesting to see but this underperformance this has a lot to do also with the parks and the movie theater business okay because you back things up to 2019 and disney had i believe eight to 10 different movies that all grossed a billion dollars at the box office they didn't have a single movie in 2020 and they ended 2021 with spider-man which was the first movie since going back to the end of 2019 they'll be back to that business eventually folks so we'll see how it goes all right jumping around to what else we got going on let's jump to some of the fan favorite stocks out there tesla shares down about 1.7 percent you're below a thousand dollars nvidia's had quite a pullback recently nvidia 237 man check out this stock from 346 wow quite a pullback you've now given back $110 on nvidia shares we jump over to zoom shares the slide does not stop down to 154 you down another percent on zoom shares we'll check out netflix see how they're trading the slide does not stop on netflix man 391 we just hit on netflix shares my goodness you jump over to roku down 3.5 percent peloton shares getting a little bit of a lift but uh that's a dead cap bounce in a big way over there in terms of up 6 but well off the 32 dollars it was trading at yesterday in this market talk about some two-way action i'm going to put the nasdaq 100 on a one-minute chart just for some quick action here you just traded up 140 points folks gave it all back within the first 15 minutes of trading and we just bounced 80 nasdaq points in the last three minutes this market is trying to figure out which way it wants to go and it just hasn't figured it out just yet we jump over to the bonds i mean talk about a give back in yields man there is just action everywhere in this market folks that's a one-minute basis so we just came up and made highs at about 9 12 with the beginning of the program we're talking about a 10 year yield that is now at 1.76 percent we're approaching 1.9 percent on wednesday 1.76 percent quite an exodus of equities people flocking to the safety of notes and bonds in a big way excuse me over in europe she had big negative action on the heels of our negative action yesterday excuse me dax was down 2.3 percent footsie down 1.4 calc roll down 1.7 percent big numbers let's jump around see how some of those meme stocks are trading you get amc down 2 percent these stocks talk about a rise and a fall man 17 bucks you're going right back to 10 bucks folks on amc game stop 100 it's just remarkable these these poor people they got caught in some of these equities hopefully not too many retailers or adres but unfortunately it's just been quite a ride to higher prices and lower prices indeed all right what else do i have pulled up here to chat about we talked about bitcoin yeah mr. diamond gets a raise not too surprising there as he has led that bank remarkable to work 2005 he has been ceo and just like the analysts and associates of jp morgan he is getting a raise of 10 to 34.5 million for his work in 2021 we jump over to some of the banks today with yields pulling back a bit talk about a give back man jp morgan down again you're at 147 you were just trading at 170 i mean you just gave up 23 dollars of price action jp morgan as they miss in a big way bank of america shares you're down and you were at 50 you gave up five bucks so they're about 10 off where they were trading at well as far goes been the strongest one but they gave up a little bit as well from 58 to 54 city really pulling back as well let's jump around to some of the travel stocks and see all they're trading right now this market's ridiculous upwards and downwards we go nasdaq 100 down 130 again there's your chart of american back down to the lows that we had in december on two occasions let's take out the three-year weekly these airlines man some max paying situation so interesting american you're right back at that 618 you topped out on two occasions of american at 26 you're back to 16 a 618 in the movie and you're back to this area that we had a little bit of support back in uh early december maybe that's an area for american quite a pullback this week delta shares also back to an area that we found a little bit of support in on a couple occasions for delta we jumped to domestically jet blue yeah just uh remarkable place them slow clawback in these travel stocks we jumped to corner with the cruise ships probably nowhere slower uh carnival down 2.5 percent again nor region down 2.9 percent bowing shares down 2.7 percent so much for being out of the woods for bowing bowing shares this week alone from 230 to 208 for bowing shares all right folks stay tuned it's friday we're only 20 minutes into the trading day we get the s and p negative 21 points nasdaq 100 negative 130 now stay tuned folks i'll be right back to finish up the show 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 and 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 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 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 basal 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 basal Chapman and your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors are you looking for a secured investment which pays you on a monthly basis the target first mortgage program may be the program for you the best rate on a five-year cd in the country right now according to bank rate dot com is paying 1 per year or $1,000 per 100,000 invested the target first mortgage program pays 7 per year paid monthly on secured high value buildable properties in st. petersburg florida the investment is for four years paying 7 per year or $7,000 per 100,000 invested your investment is secured by high value real estate in st. petersburg florida your investment can be anywhere from 100,000 to 500,000 you want to make 1,000 per year on 100,000 dollars invested a 7,000 per year on a secured tiger first mortgage the tiger first mortgage program may be just the program for you the tiger first mortgage program pays 7 per cent per year paid monthly for more information you can call<PHONE_NUMBER> that's<PHONE_NUMBER> 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 markets continuing to escalate to the downside quite a week and it's not over yet we got the s and p's down 30 points right now that's a solid what are we talking about here 7 10s percent 44 44 nasdaq 100 down 1.24 percent i mean look at this give back folks we're 600 points aware away from where we were trading at no we'll be exact here we're 750 points where we were trading at february of last year well 750 points folks for some context we're 1,000 points lower this week we are almost going to give back the entire from february a year's gains in the market just that quick now you want to talk about some pullbacks man kathy would talk about falling out of favor she's about to give it all back from covid you're trading at 74 dollars you're down 2.4 percent for her fund some of those tech stocks man they're just getting pummeled 60 dollars is where arc innovation etf started the pandemic you're trading at 74 after being at 160 early last year all right folks stay tuned we got live programming today we got our man basal Chapman he's live coming up next folks i encourage you basal does an outstanding program in his newsletter the opening call you can check that out right under the newsletters tab on the front page of tfnn.com i'm talking about it specifically because basal sometimes i don't know if he's going to do it tomorrow maybe he's out there listening but he puts out videos for subscribers on saturdays folks they're outstanding videos i watch them myself at some point on saturday over the weekend to get a feel just amazing as an example if you sign up for the opening call basal service okay last weekend this is what he put out you can go check that out before you even wait for this weekend all right he's in there talking about it 51 minute video folks basal put off for subscribers last saturday for the overview of january 15th let alone when you sign up for the opening call he's got a bunch of great archive webinars in there as well so check that out check out any of the services folks you can check out multiple if you want check out my newsletter rocket equities and options you got our man dave white out there with patholese resistance 30 day money back guarantee for all of them folks but i talk about basal because man he does an awesome job and those those webinar videos they're basically a full webinar folks that he puts out on saturdays 51 minutes last weekend you can check that out as well as of course gaining access to the daily updates as well all right folks we got quite a market so much for a two-way market we got negative action and it's picking up to the downside s and p's making session lows right now at four


How can I get rid of soft sticky spots in my resin if after a day of curing you've noticed some soft sticky spots in your resin? It means either one of two things either the delicate one-to-one balance of the resin and hardener was off Just a little bit or the material just wasn't mixed thoroughly Sometimes people mix in the center and they don't mix the outside So we always recommend scraping the outside of the container and the bottom as you stir to make sure that the entire mixture is a hundred percent mixed and therefore a hundred percent catalyzed To fix the sticky spots you need to scrape away any of that unmixed material And secondly you need to sand down any of the cured parts with 80 grit sandpaper To make sure that there's enough tooth to adhere that second layer on top Now when you mix your second coat make sure that it's well measured well mixed And when you pour that second coat after 24 hours your piece will be as good as new


Hi Louis, what's new for MeteorNet IP? Yeah, well we have two novelty here at NAB. We're introducing a new version of JPEG XS. We're also introducing HDR conversion. Before I explain what we do, I wanted to give you a little words on the application. In the standard production, what they do, they will have to deal with SDR and HDR signals in the production. Not only do they have that, but they need to produce in both HDR format and SDR because the consumer at the other end will use either one or the other format. So in that case, there's a lot of conversion going on in the process. Either you need to convert from SDR, from your camera back to HDR for up conversion, but also down conversion for the monitoring and for the SDR signal. So a lot of potential there for our product. And the way we do the conversion is through the use of the Muon B product. So it's an IP to IP converter. And in the process, we receive the signal and YCBCR convert it to RGB with a high-performance color space conversion and then apply a lookup table that can be provided by the customer or they can use the already uploaded lookup table from the BBC and the NBC. And then the process is executed and we get an IP output with the color transformation at the other end. So what you also mentioned earlier was the JPEG access app. So what does it do? Yeah, so this is our JPEG access process. It's an application that can be installed on the Fusion 3B, Fusion 6B, or even on the Muon SAP. So what we've done recently, we've just improved the application to have the interoperability supported. So with the latest specification of TR-08, that's available now. So one of the benefits of JPEG access is light compression and visually lossless performance all the way up to 12 to 1 compression ratio. So very useful and a big trend in the market. People loves it. There's actually a third app you want to show. Yeah, this is maybe underestimated, but this is our gateway solution, very popular, especially this application where we can use a Fusion 6 to interconnect a point-of-view camera. So now here, not only that we're getting the SDI signal from the camera, but we can provide a blackburst that's the rise from PTP. So very practical to have all cameras synchronized together, but also more importantly, so we can bridge the control through one fiber, the same fiber actually, back to the device here and connect the camera. So the operator can remotely control the camera pan, zoom, and tilt. All right, thanks for the valuable information. It was a pleasure.