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August 7th The Tom O'Brien Show on TFNN - 2026

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On August 7th, Tom O'Brien analyzed a surprisingly weak U.S. jobs report where non-farm payrolls fell by 23,000 in July and were revised down significantly for May and June, resulting in a net loss of approximately 200,000 jobs against market expectations. Despite this poor headline number, equity markets rallied as investors embraced the "bad news is good news" narrative, anticipating potential Federal Reserve rate cuts or pauses; CME FedWatch data reflected this shift with the probability of rates holding at the next meeting rising from 33% to 56%. This sentiment was mirrored in asset prices where gold surged above $2,390 and silver rose sharply, while the GDX broke out of a downtrend channel on strong volume. However, Tom cautioned that such rapid gains could lead to volatility with possible pullbacks before the weekend close, noting specifically risks for uranium stocks like CCJ and miners including First Majestic and Harmony Metals which were driven by Chinese gold buying amid capital controls. The housing market presented a complex K-shaped dynamic where cash buyers thrived in luxury segments of cities like St. Petersburg while rate-sensitive buyers faced recency bias against locking mortgages near 6.8%. Tom warned that waiting for dramatic interest rate drops might not yield cheap homes, as price appreciation could easily offset lower rates. In the corporate sector, mixed signals emerged with Airbnb gaining over 15% after breaking above prior highs and SpaceX shares jumping significantly post-earnings despite earlier revenue concerns, reflecting long-term growth potential but high volatility risks unsuitable for retirement funds. Meanwhile, Wendy's stock rebounded slightly after slashing its dividend amid six quarters of same-store sales declines, though Burger King had overtaken it as the second-largest U.S. burger chain by systemwide sales. Additionally, Ford announced a four-door Mustang to broaden appeal, prompting Tom to compare practical space advantages with his previous European luxury coupe and highlight higher maintenance costs associated with such brands. Market breadth remained strong with the S&P 500 closing near an all-time high of 7777 supported by decent futures volume around 6.6 million shares, while yields stabilized for homebuilder stocks like Dr. Horton and KBHome which saw rallies as investor sentiment improved. Tom promoted various TFN newsletters including Teddy Kekstacks' Forex Report, Basil Chapman's Opening Call, Steve Rhodes' Mastering Probability, Larry Pesento's Fibonacci 247, and the Rocket Equities & Options Report, all offering money-back guarantees alongside access to the Tiger Zen Discord community for a nominal annual fee. The segment concluded with an update on leveraged single-stock ETFs tracking SpaceX gaining substantial value due to high liquidity speculation about Elon Musk's shareholding, reinforcing the theme that while individual stocks like SpaceX and silver miners offered explosive potential, investors must remain mindful of volatility risks as markets navigated these shifting economic tides toward a weekend break.
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[music] The following is a presentation of TFN. [music] The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1877-927-6648 internationally at 727-8737618. >> This is awesome. Uh, come on to vu. We're going over to Paris. What's happening? >> Hey Tom, it's Adam from Paris. How you sir? >> I'm doing great. Adam, yourself? >> That's good. Long time no talk. I appreciate everything you've done for me and my family over the years. So, >> well, we appreciate you growing a problem with us. >> Yeah. Yeah, sir. I've done gold reports and all the softwares and all your books and a generational thank you so much. Appreciate it. >> Yes sir. Now Tom O'Brien. [music] >> Good Friday [clears throat] afternoon everybody. Tommy O'Brien coming to you live from TFN. Thanks for joining me for the final 60 minutes of the trading day. And we got a jobs Friday folks. And why not? We'll kick it off because we got quite a headline with Yeah. losing 23,000 jobs in the month of July. And when you talk about revisions May and June, 103,000 fewer jobs. So you talk about a potential gain of 83,000 was what the market's looking for. We lose 23,000. And you revised down by 103. That's a net number of 200,000 less jobs than the market was thinking might be possible this morning. So what happens from there? Well, the market rejoices because bad news was good news initially. We're getting a little bit of a pop right now coming into the final hour of trading yields. All right, give up some of the yields in terms of immediately higher price, lower yield on a weak jobs number. Okay, the market figuring, you know what, if we got a weak jobs number like this, maybe the Fed, we should pull some of those hikes out of the forward path in terms of what the market's expecting. Now, we have pulled some of those hikes out. You look at the CME, okay, Fed fund futures, the Fed watch today, 56% chance they do nothing at the next meeting. Yesterday that was only a 45% chance and a week ago that was only a 33% chance. So yeah, the market is thinking, but that's on a 2-year basis. And the 10ear snaps back right away, which is remarkable. Now the 10ear right now, we got a yield of 4.66. Okay, 4.66 is the number on the 10ear. You got a dollar right now at 9953 and we got markets in the green. And how about the VIX, folks? Okay. Wouldn't expect any fireworks today in the final 52 minutes of trading as in any type of remarkable selloff when you have a VIX that just hit 1477. How about that one, man? 1477. Take a look at the VIX on a longerterm basis. Yeah. What are we going back to? This is below everything we've seen recently. We had a low of 1496 recently. You got to go back to early January. Pretty remarkable. VIX trading at 1485 right now. Now with a weaker dollar and it's, you know, yields, right, snap back. But how about dollar weakness persisting? Okay, dollar dives lower and it holds on to those lows and you're engulfing the last four days, almost 5 days of trading. We're at 9953 right now. You're right back to the lows in the middle of June. And yeah, gold was already in the green coming into that 830 number. You catch a little bit of a pop and we're above 4,400. Gold up 2.4% right now. You got silver up a similar uh a little bit of a bid up 3.5% for silver 6380. And how about excuse me, the GDX. Okay, you're talking about a run, folks. We were just flirting with $70. We're at 90. This thing's up 30% in the last what, 3 weeks or so. Decisively breaking out of the downtrend channel. How's that for a weekly sign of strength? Don't get left behind, folks. Not too late. Put some stops in there, but this is some strength, man. You break out of the channel, you do it with volume. The GDX on a weekly basis, 132 million, and we got a full hour to go with volume on the close. Ah, we probably won't get 10 million to get above. Okay. It's going to be a strong bar though. And today, last few days in particular. All right. Look at this volume, man. And yeah, we'll see what we do on the close. Let's see if you back it up. Yeah, look at this. Wednesday, you did 6 million on the close. Okay, we need about 10 million on a weekly basis in the final hour of trading to get over this bar right here. But nonetheless, strength in gold. We take a look at the silver contract right now. Not quite. We don't have volume on the weekly on that one just yet. Let's take a look at the daily. Come on, Thinker Swim. Let's go. How fast is this market moving? Let's go. Oh, my connection's working. That's what my computer's telling me, folks. But thinker swim not cooperating right now. All right, while we wait for it to catch up. So, check out the jobs. Okay. How's that for a trend, folks? Right. You're talking about non-farm payrolls. We just got numbers for July. Okay, May and June revised downward and April and May, I mean May, June, July, excuse me, April, May, June. No. Yeah, March was the big month. Okay. And then April, May, June, and July we go negative. So the unemployment rate goes down to 4.1%. But at the same time, the labor force participation rate, folks, is the lowest it's been since February of 2021. That is a warning sign along with some others. Okay? But that's a warning sign. Now, the inflation data is going to be important. We get the CPI coming up. And yeah, revisions, right? June and July. We'll see what happens. Nonetheless, labor force participation rate going back to February of 2021. That one surprises me. [snorts] All right, we jump around to some other equities that are moving. How about Airbnb today, man? Up 15.6%. Travel alive and well. How's that for a weekly, right? You break above the highs of 2024, excuse me, 2025 and 2024. You do it in a weekly and you do it with volume, man. Now, this thing's got highs hanging out here at 212. Is that the high? [snorts] Yeah. Then shortly after their IPO, I mean, what a time, right? markets were alive, COVID stimulus alive, Airbnb goes public, the market's rejoicing, and then of course there's a pullback, there's a cooling, the Fed's trying to get inflation under control. And here we are still under those numbers, but nonetheless, up today, up 16% for Airbnb and yeah, doing so with volume. And how about SpaceX, man? Okay, you know, we were talking about on this show, folks. This was a story of sell the rumor, buy the news, and boy, you talk about a shakeout, man. Okay, the numbers were pretty decent. Now, Elon, they're they're going to spend money. That's that's they're going to spend it. They're going to spend tons of it, but they were beaten a little bit in terms of the early pace of some of their revenue. If they beat on the early side of the revenue projections, that's a monumental compounding win, right? The numbers that this company's getting valued off, can't even believe I'm talking like the bullish side here, okay? But the numbers they're getting calculated on are years into the future. And when you're compounding growth years into the future, how you do early on is so instrumental to those later years when you're compounding that growth. And so if you're willing to ride a roller coaster, that might be insanity in terms of volatility wise. And you better be willing, you know, do not put retirement money that you can't lose into this equity, folks. It's the ultimate growth equity. But how about today, man? Up 13.3%. Right, we're above. You could have bought SpaceX coming into the close right before their earnings at about 125 bucks. You drive down to 105 yesterday morning and I say, "Hey, by the close of action, you're going to be pushing 130 and here we are up 13%." We're coming right back, folks. 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GDX up by 6.7% and yeah you know we're coming into this high from June 17th folks and we have tremendous volume here and you know there was a comment in the den from superfecta that maybe the GD and I'm adding maybe GDX weak running into that 617 price point. Uh I would disagree with that one. Okay. I don't know how you see weakness right now in a GDX that's up 22% since Monday morning, folks. Okay? And look at the volume over each day. You're going to get some good volume into the close. We got 60 minutes left to go in trading. You got strength here. Now, with that said, we're up 20 plus% since Monday. Okay. Yeah, we're going to get a little volatility in this, right? We see the volatility today with yields, with the dollar. It's not a clear path in terms of where the Fed goes, where inflation is. Uh some of that wage data, 3.2% year-over-year versus 3.5 month overmonth only a.1% number on wage data. Those are good numbers, right? Those are good numbers. Inflation's probably above there. Okay, we'll see what happens with crude and maybe if it's on its way down, we'll get some data confirming that inflation might be under 3.2%. But it's not at the stage that wages are going to have a huge impact on inflation when on a short-term recent basis they're only up.1% month over month. And if you go all the way back a year, they're up 3.2%. But remember that's going back for old old data year-over-year. And on a month over month, you were only.1% up. And that multiply it times 12, that's 1.2%. Okay? So that would actually help inflation numbers when you're looking at that number. But yeah, GDX up 6.7%. And the dollar's just weak, folks. Until that changes, that's the trend right now. Okay, you got a nice engulfing pattern on a daily. The weekly, not quite the same story, but an extension of where we were last week. You trade a little bit lower. And you know, next stop on this one's 98. Man, that was a one-way trip from April up to June, and we're flirting with making a run to the bottom side of that. Yeah, I jump over the home builders. So, you know, these things got a nice pop on the open with yields pulling back as see how they hold. Yeah, Dr. Horton. Okay, KB. Look at this. So, yields didn't move right now. They moved the evermost slightest. You have a little bit of higher price, lower yield. Okay, but we are at 10ear at 4.66. You add 2% on that for a 30-year mortgage, you're at 6.66. Okay? And so that's a big number, right? So yields don't even move from where we were this morning. The the ever most slightest reprieve, but no real reprieve there. Okay? No real reprieve. Equities love it for some reason. Can't quite square at all yet. The dollar is trash right now. Okay. The dollar can't stand the weakness that those job numbers gave this morning. You drop from 100 down to 99.50 and we hold that loss. Gold holds on to the gains right now. And the homebuilders are holding on to it too. And maybe this is a little bit of, you know, a rotation here where people are saying, you know what, yields have pulled back a bit. But guess what? This market's all freaked out about hikes. And meanwhile, and I would agree with this right now, okay, as a trader, folks, be willing to be nimble. Okay, maybe this is the shift. Maybe we're going to get the economic weakness that we might need to bring inflation back to 2% and stop running hot as it has been since co and I think some investors are getting into some of the home builders today with that premise. You know, getting ahead of the action. Look at the move on Dr. Horton up by 3.6% right now. KB up 3.3. Lenar up nearly 4% right now. We'll get best back on EKS. You know what? I'll see if I can get him on next Friday. Man, it's a great idea. All right, we'll get Ber back on. You know, markets are moving, folks. Okay, I've sold houses, man. You know, they're selling. They are. And and I'm very fortunate. St. Petersburg, folks, especially certain parts of St. Petersburg, right? We talk about the K-shaped economy, that's a real deal. It is. Uh the high-end market, cash buyers, I mean, people who have money in, and I chuckle as my goodness, S&Ps, right? anybody with money in the market or money with a house assets period. Pretty remarkable, right? You come into just the beginning of last year, you're up nearly 30% from where we were at the beginning of last year and that's after making a run. You know, we all know, okay, so it's lofty numbers. The high-end, it's a good scene and St. Petersburg has some pretty cool high-end areas in terms of, you know, right in the city. Now, you know, some of the other markets a little stagnant and what I always say is that, yeah, this is, you know, the yields, too. Okay. Um, I moved out some houses in when rates were closer to the start of the war. And it's got to be tough right now because buyers are going to have recency bias where if they were going around looking for rates, right, in March and in April and they didn't lock it in, they're going to feel like they got hosed and that maybe they need to wait a little bit now cuz the timing of that is pretty rough, right? Um and so it's a buyer market right now on the when people are coming in and need mortgages, it is a buyer market, okay? You got to price it effectively. And if you're selling a house, folks, I would encourage you to do what you can to make sure that the people coming in don't feel like they need to spend a lot of money to fix anything substantial. Okay? And that could be as simple as a paint job, but it could also be that you got to put a new roof on it. Right? These are certain things. Okay? If I was selling my house right now and I had the ability to, cuz we all don't have the ability to, and the roof was going to be a problem come the time of the sale, I would replace that roof ahead of time. That's the market we're in right now. And that's the difference when people are taking out a mortgage, especially, okay? Because the last thing somebody wants is if they have extra money to spend it on renovations after they lock in a mortgage at 6.8%. Okay? Because if they have that money, they can use it to buy down a rate right now. And maybe that's what they do. Okay. And and I keep, you know, I've encouraged it before. If you know people that are looking to get in like a starter home, encourage them to try and do that. Yeah. Because, you know, I think that assets right now are you're seeing it play out with gold. Okay. You're seeing it play out with gold. You're seeing it play come play out with the homebuilders. And the other part of this equation, right? Think about this. People have a perception slashh hope that if they were able to hold out and rates dropped, okay, that they could save a substantial amount of money on their mortgage. And my push back on that is that there's a lot of people in that same scenario that all want to see rates drop dramatically. And if that were to happen, and I don't see that happening just yet, but today we got a lot closer to that happening than we were a week ago. Right right now, there's a 65% chance that the Fed's going to stay right where they are going into the September meeting. Not going in. At the September meeting, there's a high probability they're just going to stay put. Now, we can get some data that can change that. A week ago, there was only a 33% chance, right? So, we're a lot closer to the fact that maybe we do get some easing. But to finish that thought, if rates come down dramatically, what's going to happen is you're going to have a sellers market, folks, and people can afford their payments and the housing prices are going to go up and meet the payments somewhere. They don't have to meet the payments where they are right now where the 10ear just went from four to 4.7%. Right? But you're going to be able to pay the same amount of money for your payment at a lower interest rate for a house that's probably going to be more expensive if we pull back. Housing has been stuck, right? Since co there's a remarkable acceleration in 2021 and then we've paused and that's okay because the market went up so much in that year or two. thought this could be the next leg if we so don't wait for that pullback cuz don't think you're going to save a boatload folks. There's not going to be great houses at cheap prices with cheap interest rates if we get a pullback. So market's alive and well, man. 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Each host is an experienced trader and gives their take on the market [music] 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 [music] different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on TFN's YouTube channel and become [music] the investor you were born to be. TFN, educating investors. [music] This portion of the Tom O'Brien Show is brought to you by Directions daily leveraged and inverse ETFs. Whether you're a bull or a bear, you choose the direction. Visit direction.com. Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day. Before investing, carefully consider a fund's investment objective, risks, charges, and expenses contained in the perspectus available at direction.com. Read carefully. ALPS Distributors, Inc. [music] Welcome back, folks. S&P is up by 40. NASDAQ 100, up by 300. We got a Dow above 54,000, man. 54,165 off of the highs of Wednesday, but up by 310%. And the Russell liking the action today, up by 1.2% right now. And yeah, we jump over to the the heat map in terms of the S&P 500. A mixed bag. Palanteer up by 10% right now. We mentioned Airbnb up 15% right now. And yeah, just a mixed bag. Got Nvidia in the green. Broadcom, Service Now up 6% on their numbers. Little pockets of green. Take two interactive in the green. Let's jump over to Uber up 6.1%. Look at Uber. Is this an Airbnb story? What do we got going on with Uber here? Let's see what we got. Analyst commentary on autonomous delivery push. Okay, look at this. Da Davidson kept a buy, cut their target. However, Caner Fitzgerald maintained an overweight load it need reiterates, but they're rocking it today, man. So, they're all with their numbers on Wednesday, but that's not it. What do we got? That's the sixth. So, we get analyst recommendations after that. You got Bill Aman saying that Uber's a no-brainer. Maybe that's it, right? When did he say that? Hey, nonetheless, let's take a look at the volume. We got some action in Uber. You break out of this channel line numbers. You know what? This is going to be quite a weekly, though. Watch this. Yeah, look at this. That's some decent volume. You're coming up to the week of June 22nd, but that's some decent volume. Let's go back a little bit on this one. Hey, I like the action. You build a nice floor here. Floors at about 70 bucks. You're breaking back to back weeks higher. And you do it with accelerating volume. You have to break above this consolidation here, right? Try and get back in that channel line. By the time we meet that top line, we'll probably pushing 100 just to get back in the channel line. So, Aman's got a tweet out there and yeah, this is saying after the selloff, okay, it's currently at 15 times 2027 earnings, 12 times 2028 earnings while doing double digit annual growth expected through 2030. That was the post by a random social media user and Aman said, "Agreed and retweeted." And retweets can move markets, folks. Maybe that was it. Nonetheless, Uber up by 6.4% right now. So, we go back to gold. Got to talk about some gold, baby. We're up 4,000. All right. We talk about some gold. How much How much money? What a gold bug spending. Well, how's 180 million to start? Yeah, about 100 million in call options in the GLD, which is the physical metal ETF, were likely bought on Friday, compared to about $25 million worth of puts. And then you had 80 million in the GDX compared to 9 million in puts. Options volume surging in both GLD twice the daily average for its 30-day average, excuse me, and the GDX quadrupling. It's a big day. As we said, we went over the volume. So, the trigger for this move off the lows a few days ago was a very aggressive buying by Chinese individual investors in the domestic gold ETFs. The catalyst appears to be Beijing's latest move to make it harder for Chinese capital to move offshore. They said, "Well, give me some gold, baby. Give me some gold." And hey, we're going to get some volatility. We're going to get some pullbacks as well, folks. And it's not all about the jobs number this morning, right? We were already trading at 4383 coming into that jobs number. We're at 4405. But there is something going on with dollar weakness right now. That's that's a reality. I don't know what all the dynamics are shifting to, but you go back to the Fed day the 29th. Yeah, right here when that selloff began. Just can't find a bid since then. So you combine that and as the dollar weakens, you get a little bit of yen strengthening, but we've had some recoil here. They got it all the way down to almost 155 and we came into that jobs number approaching 159. And yeah, Wendy's. So Wendy's, they pull their guidance, they slash their dividend, the market tanks on that news on the open. They had the numbers pre-market and then they kind of rejoice and get it all back. Now, this has been an underperformance story to say the least, right? You back this thing up. But I listen to a nice Look at this move. Look at this move, man. Oh, man. Right. [snorts] Can never get complacent in any equity, folks. Just unbelievable underperformance for Wendy's. You got Burger King taking Wendy's out as the number two, second largest burger chain in the US by systemwide sales. McDonald's obviously the big dog, but Wednesday, excuse me, Wendy's shrinking US same store sales for six straight quarters. Six same store sales down 7% in the latest quarter. You got to stay innovative, man. You know, I don't know what I Hey, you know, I shouldn't say that cuz McDonald's, yeah, they're innovating. I don't know what I couldn't tell you anything that Wendy's is doing really. And that's probably about to change. But look at that chart of Mickey D's now. Yeah, the last six months or so. Quite a different story. and restaurant. What's that? QSR is restaurant brands, which is Burger King. Not exactly the best looking chart, man. You're basically at 2017 prices barely, right? But nonetheless, they're the number two dog now. But yeah, how about Wendy? Wendy's [snorts] as opposed to restaurant brands. They're up 8.5%. Wednesday. Wendy's down 7%. Now they got a new guy in there and he's just giving himself some time would be the bull case for Wendy's in terms of giving themselves some time pulling some guidance and the benchmarks that they're going to be going against get easier and easier, right? They've been losing same store sales for an extended period of time that your comps start being much more kind on the back end. And you know, it does say something when you bounce here, but this is a period that yeah, they pull the guidance. They slashed the dividend. But look at the move. Showing some strength today actually on that move. Wendy's up by 3.5%. Mickey D's down by 1%. S&P's up by 43. NASDAQ up by 308. Come right back, folks. [music] If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money back guarantee, so you have nothing to risk. For all the details and to start your subscription today, visit the front page of tfn.com. TFN educating investors. 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The reality is that navigating financial markets can be risky. Markets [music] can be chaotic and difficult to understand. Having the latest market advice can help you turn this chaos [music] into a key for creating winning trades. At TFN, we understand that it can be hard to find reliable market news. >> [music] >> That's why each of our market experts offers their very own market newsletter. A must-have tool [music] for every trader out there striving to find an edge in today's markets. TFN [music] newsletters cover every aspect of the markets so you can analyze the market [music] before you trade. Try any of our great newsletters risk-free [music] with our 30-day money back guarantee. Just visit the newsletters tab on the [music] front page of tfn.com. TFN, educating investors. TFN has launched the Tiger Zen, hosted at Discord. TFN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tigers Day available to all Tigers and Tigresses for just $1 for [music] the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of tfn.com. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. >> I'm Orion. [music] >> [music] >> Welcome back folks. Markets holding on to the gain green, excuse me, the gains. S&P up by 40, NASDAQ 100 up by 300. And how about the VIX, right? 1487, man. No volatility priced in, man. Everyone's gone for the weekend, folks. It's August in the summer and everyone's gone. No, I kid. But how about that, Vick? Says it all, man. No sellers in this market with an S&P up by 40. Pretty remarkable. You got a pullback in yields right where we were this morning. The dollar not giving it back though as in we rip lower. We hold on to those losses and gold up 108 bucks now. GDX pushing 8948. And yeah, I don't think those gaps are a worry. You know, you're going to get a lot of volatility when you can go up 20 plus% in four trading days. Okay. So, yeah, if you're holding here and you were, you know, holding GDX or buying it at 74 on Monday and you're sitting at 90 going into the weekend and you think you're not risking a healthy pullback to 82, 84, 78, it's completely possible. It's a highly volatile market right now, but I like the market, folks. I do. Silver up by 3.7 right now. Jump over to uranium. CCJ up by 4.1%. Some of the silver stocks, First Majestic up by 6% right now. Heck up by 6%. Some of the other big dogs, Harmony, they were up more than 10% at one point. Up 8.7% right now. All right. We talk about jobs, we talk about yields, we talk about the Fed. Yeah. Five years of high inflation test patience. And yeah, Mr. barking because he's got some quotes out there. Let me see if I can bring this one up right away. Are they in here as well? Let's see. All right, I'll pull up the quotes. Yeah, there's going to be disagreement. They're going to have a good discussion, right? You had Lisa Cook out there saying hiking too soon could compromise the labor market on a speech on Wednesday may not be necessary if inflationary pressures begin to ease. I tell you, wages going up.1% month over month, folks, and nobody being able to get a job for months. That's the economy right now. Okay. Yeah. Wages flat. Jobs non-existent. We're going back three months, but that's a case, and I say it, I'm exaggerating, the ever most slightest, right? Three-month basis, we're adding 20,000 jobs a month, folks. That's it. That's nothing, man. You know, we get revisions of 100,000 down, right? Maybe those 20,000 we just added, maybe they'll get that's almost in the that's in the span of, you know, your confidence interval, basically. Jump over to Ford shares. Positive with the market today. Quite a recent pullback. You were at 17 in early June. You were at 16 just two weeks ago. We're tra at 14 bucks right now, but the journal's got a piece right on their front page today. They're going to have a family sedan of a Mustang. No, I kid. But a four-door version of the Mustang, the first for the automakers pony car and broadening its consumer appeal. And you know, as somebody folks myself that drives a smaller coupe with two doors, and I have a young son, right? And it works, but it's not the easiest, right? He climbs in there. He's a big man now. Um, but I do I have a two door. So, you know, I look at this and I look at the next car. My car right now is a 2018 with over 100,000 miles. still runs great, but at some point in the next few years, I'll have to get a new one. I say to myself, I'll probably get a four-door. Um, probably something like that. You know, I'll pull up some of the cars that Let me see if I can because it makes me think, folks. You know, every time I see every time I see the price of the average vehicle that people buy in America, right? And so, occasionally I look at vehicles that just what is the market? Okay. Right. There's phenomenal cars, folks, for $30,000 when, you know, I have a BMW, so they send me BMW ads all the time. And I just want to see what the used market is. And I I like getting a certified pre-owned. I don't like buying new cars if you can. Okay? You get a nice car that's a few years old. Maybe it's got 20 or 30,000 miles on it. You get a nice warranty on the back end from the manufacturer. Okay? And I mean, some of these just pop up. Look, I was just googling, okay, at any any place. You're talking about a 2023. This is just cherry-picking cuz you know, and I'm like just going off topic here, okay? But this car, they want to sell it to you for 34 grand. So, you know, you have wiggle room in this economy, okay? Make sure you tell people when you go in and you're negotiating, did they see the Did they see the July jobs numbers? Do they know that people are losing? No. Hey, everything's a negotiation, right? Um there's no way that they're hard fast on these prices right now. No way. But nonetheless, their their price they're trying to tell you that they'd sell it to you for is $34,000. And it's a great car, folks. And I'm biased cuz it's similar to what I have. But you're talking about a 3-year-old car with 32,000 mi. And I'm pretty sure that would be fall under a certified pre-owned. If it's not this one in particular, you can get them. So, you know, and that's a small car. I get it. Okay. You know, you need a family car. That ain't working, folks. All right. But they got four doors that are pretty close. And you don't need a three-year-old BMW with 30,000 miles either. My car runs great, man. My car's 8 years old with 110,000 mi. Runs great. So, it always blows me away a little bit, but nonetheless, Ford. Yeah, they're going to have a four-door Mustang. Man, I'm not sure it expands the full context of what you're looking for, though. That was going to be the final thing is that it's really not that big of a deal, folks. the difference between a twodoor and a four-door. You'd be surprised how big my back seat is with a car that looks similar for to the one that I was just bringing up there. Okay, the back seats are great. Okay, they fit child care. They're real seats. Okay, you got two real seats. You don't have a middle seat. So, you got two real back seats. And then the back seats fold down. And your trunk, okay, your trunk can of course act. I can fit an 8ft Christmas tree in that BMW I just showing you basically in a small, you know, basically low-end, right? BMW and I can fit an 8ft Christmas tree and I'll pull up to put a Christmas tree in there and they'll think it's going on the roof and I'm like, "No, it's going inside." And they look at me like I have three heads. But then I put the back seats down, pop the trunk, they slide it right in, it goes right between the front seats and so it's not even a storage deal. And my coupe back seat is arguably a little bit bigger with room leg room than the four-door. Went a little off tangent there, huh? And yeah, what does happen in those cars though, folks, is that number one, you're supposed to be putting more expensive gas in, right? The European vehicles. And number two, of course, the service. Okay? And yeah, they get you on the service, man. Um, you know, my dad had quite the Mercedes and oh man, he would tell me the bills. He He couldn't even replace the brake pads on his Mercedes, folks. You had to replace the whole rotor cuz that thing was a beast. And yeah, you couldn't even replace the pads. He would tell me every time he had to do it, the whole rotors. And what do you think they charged you for a beast of a Mercedes at the dealership when they changed your new rotors, right? All right, folks. One more segment. S&P is up by 42. We're coming right back. [music] Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for some, it often times misses many opportunities that possess huge gain potential. But how is an independent trader supposed to scan the entire [music] market looking for these hidden opportunities? One simple answer, the opening call newsletter. Basil [music] Chapman, developer of the Chapman wave trading methodology, has been trading the markets for longer than most trading [music] influencers have been alive. 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[music] That's why each of our market experts offers their very own market newsletter. A must-have tool for every trader out there striving [music] to find an edge in today's markets. TFN newsletters cover every aspect [music] of the markets so you can analyze the market before you trade. Try any of [music] our great newsletters risk-f free with our 30-day money back guarantee. [music] Just visit the newsletters tab on the front page of tfn.com. TFN, [music] educating investors. Don't forget, you can listen to TFN live on your mobile device 24 hours per day. Go to tfnn.com, then hit watch tiger TV. That's tfn.com and hit watch tiger TV. [music] Welcome back, folks. 7777. Let's go play those slot machines, man. Lucky sevens across for an S&P right now. And this would be a weekly all-time high close. And how's that for a weekly, man? You're breaking away. [snorts] And decent volume. You know, you're not going to take up what we did last week, but decent volume. You're coming in at nearly 6.5 6.6 million shares on the week on the futures. You jump over on the ETF structure, right? Decent volume. You're not going to get above what we did last week, though. 244 coming into 288. We'll see what we get on the close. VIX at 1489, man. Gold holding on to $100 gains at 4403 right now. GDX up 7%. How about SpaceX today? Right. SpaceX [snorts] up 14.3%. What's Elon got? Does Elon Elon has like Does he have six billion shares of this? It's It's something to that degree, folks. It might even be 8 billion. I'll have to figure it out. Nonetheless, big day for the big man Elon. SpaceX up 14%. I joke. Pretty remarkable numbers, though. uh they drive lower on their numbers and then you get it all back and then some in the span of a couple days and you're going to finish above even that spike high on their on their earnings. Pretty remarkable. And remember folks, if you're looking for okay, single stock leveraged ETF direction liftoff two times the bull single stock direct uh SpaceX ETF. They're daily investment vehicles, folks. But yeah, on a day like today, man, look at this thing up 28% and all that is is two times what SpaceX is, which is 14%. And in terms of liquidity, you know, direction folks, they are a sponsor. Okay, I would talk about their products. Anyway, look at this volume. 9 million shares and that's on Liftoff. 9 million shares today on that ETF. You talk about some liquidity, they got some great products, folks. Check out direction on the front page of TFN and Liftoff. S&P's up by 41, folks. Thanks for spending your time with me. I couldn't appreciate it more. Couldn't do what I do without you. Enjoy that weekend, folks. Enjoy it. Spend your time wisely. We'll see you Monday morning. Have a great weekend, folks. Thanks so much. building.