The debt ceiling is on everyone’s mind, as traders everywhere hope for the best and brace for the worst. Tom Busby thinks we’ll be in a pickle this time next week.
Meanwhile, Geof Smith talks commodities and teases a conversation on oil he’ll go in depth on in his ATP Premium session. (sign up here)
Meanwhile, Guy Cohen tells us he ignores all the noise of the news cycle and only focuses on opportunities he sees in his charts. He goes through a dozen or more opportunities on specific tickers he sees lining up over the next 2 weeks. (get your note pads ready!)
Whatever happens with the debt ceiling negotations, Tom Busby is ALL IN on gold. He’s been saying it for months, too. And he’s giving viewers a chance to join him as he believes Gold will be bullish for the next decade. Click here to take him up on this offer at a special ATP-only price!
On this week’s show: Geof Smith, Tom Busby and Guy Cohen.
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Show transcripts are auto-generated by computer, so they won’t be perfect.
If something doesn’t make sense, you can skip to the timestamp in the video above to hear it. Questions? Drop us a line.
►Click To View This Episode's Transcript◄1 00:00:00.000 --> 00:00:01.710 Seeing you here as well. 2 00:00:01.750 --> 00:00:09.399 Celeste Lindman: and wow! Would of love to be hearing from you? all these times. But what's what's the top thing that's on your mind right now, Tom. 3 00:00:10.160 --> 00:00:20.370 Tom Busby: well, typically, you'll see me wearing blue like Jeff. But I'm wearing red, so that might tell you what I'm really thinking so. I think that 4 00:00:20.770 --> 00:00:27.349 Tom Busby: you know the rumor, the reason the market trial in the news is saying they've got a debt deal put together, and I guess 5 00:00:27.900 --> 00:00:33.840 Tom Busby: you know I thought the best it would come out of this thing with was an extension. I don't think they they can get a debt deal done 6 00:00:33.900 --> 00:00:36.230 Tom Busby: just based on the I guess the 7 00:00:36.800 --> 00:00:41.060 Tom Busby: the logistics of everybody because you got sent it on break. Get 8 00:00:41.270 --> 00:00:44.299 Tom Busby: the house takes 72 h to read through it. 9 00:00:44.440 --> 00:01:00.959 Tom Busby: And I'm a little negative about where they can do it or not, because Mccarthy is not going to give up his Speakership to do what he needs to do. So unless he gets a really big win, you know, meaning he gets everything he wants. 10 00:01:01.010 --> 00:01:15.560 Tom Busby: I think that we might still be troubled by this next week. That's what I think. Okay. So you got a market that's up here at 4206 on the S. And P. it's had a heck of a rally today it came out of the blows. 11 00:01:15.780 --> 00:01:37.329 Tom Busby: And this is, I guess, what I would call the that silly that is, they're assuming it's done so. One thing it bothers me a little bit is when I look at the overall market. And you know, you got 10% of the stocks up. And this is something that blows my mind. You got on the Russell 12 00:01:37.460 --> 00:01:39.120 Tom Busby: 3,000. 13 00:01:39.150 --> 00:01:44.279 D.A. Gutierrez: You've got 50% of the stocks on the rustle, 3,000 down, 30% or more. 14 00:01:44.450 --> 00:01:48.580 Tom Busby: I've never seen a bull market. It looks that way. Okay. And so 15 00:01:49.430 --> 00:01:52.359 Tom Busby: you got leaders like, like, 16 00:01:53.040 --> 00:02:02.430 Tom Busby: you know, you can't argue with Am. D, it's like, you know, or Nvidia, or or you know, even apple and some of these tech stocks something 17 00:02:02.450 --> 00:02:17.229 Tom Busby: they own the world right now, if you look at like, look at them, for if you want to be long. That's where you got to be long, I guess. But there's a lot of stocks here like 3 M. 3 M. Is, you know. It's down tremendously, and the dow itself. 18 00:02:17.550 --> 00:02:23.220 Tom Busby: I think. if you look at the dow the dow 19 00:02:23.380 --> 00:02:25.829 Tom Busby: other night when Nvidia had their earnings. 20 00:02:26.120 --> 00:02:30.939 Tom Busby: you know. S. And P. Was sort of a sympathy move. Nasdaq just went off to chart. 21 00:02:30.990 --> 00:02:44.209 Tom Busby: but the diamond and the Dow went down. We make new lows after that in video news today, you get a little bit of rally in the dial and look to see how much we're up. But it's not anything like 22 00:02:44.770 --> 00:02:52.580 Tom Busby: the S. And P. Or the or the deal. As far as goal goes. I'll just come on the record and take goes to buy. 23 00:02:52.610 --> 00:03:02.169 Tom Busby: and you ought to be looking at it right here as a by, I think that. if you just look at everything you talk about when it comes to goal. 24 00:03:02.650 --> 00:03:04.630 Tom Busby: it's going to be where money goes. 25 00:03:04.680 --> 00:03:10.460 Tom Busby: It has to be where money goes. If we go into recession. If all this stuff happens the way I think it's going to info. 26 00:03:11.210 --> 00:03:26.630 Celeste Lindman: Good good, that great thanks, Tom, for sharing that a lot of good insights to for us to have action on, and looking forward to hearing more from you here, and just a little bit. Hey, Guy, what are your thoughts on all this that we've been talking about so far? And as you look into June, what are your thoughts? 27 00:03:27.410 --> 00:03:43.159 Guy Cohen: Well, you know me. I don't do it. I let everyone else do that stuff so I I I think I was as I listen to everyone. Everyone's got some really good points here, and I'm really interested in what they've said. 28 00:03:43.200 --> 00:04:11.150 Guy Cohen: But I think I want to give a slightly different perspective in terms. Not the news, because I really yeah. My instinct is they'll probably thrash out something or other. And even if they don't, they'll figure out a way I'm I'm always a big lever in the United States. whether it wobbles whether it crashes, it'll always come back. I I still believe that the problems we have today are still, you know that they'll you'll find a way. You guys are amazing. So I I'm a believer long term. even if we have a few market shocks. 29 00:04:11.360 --> 00:04:28.789 Guy Cohen: But for me I try to keep my head out of the news, I I to be aware of what's going on, but I don't tend to try and speculate unless something's very obvious, and I just stick to the same setups that I always stick to. I'll let everyone else talk about the news, and then I'll see where I can find 30 00:04:28.790 --> 00:04:50.519 Guy Cohen: in, you know, inflections of supply and demand at the leverage level and the non leverage level, where I get a confluence of both, and I'll trade those, and I won't care about anything else. Now, when it comes to a got a week that we're about to have with so much writing on what happens on the first of June. Then I'll peel back. I'll be really cautious. I may even just stay out. I'm not going to speculate, because the markets have a habit of 31 00:04:50.520 --> 00:05:01.380 Guy Cohen: going up when you think they should go down and going down when they should go up. So on. News events, I'm going to be particularly cautious on this particular one pr, in their practical sense. 32 00:05:01.430 --> 00:05:21.490 Guy Cohen: so what I think will happen with the debt ceiling next Thursday is completely a material I'll just. And today, when I get my my, my 30 s slot, I'll I'll just go through a few stocks that may or may not be interesting for you guys over the next week or 2, but I think that's probably the best use of time I can give you. 33 00:05:21.520 --> 00:05:30.329 Celeste Lindman: That's excellent. That's great great insight. Thank you for that. And Jeff Smith, what do you think? You know everything we've talked about so far today, and as we go into June, what are your thoughts. 34 00:05:30.480 --> 00:05:36.210 Geof Smith: I'm taking the next 3 months off. I don't care. I'm with you. 35 00:05:36.400 --> 00:05:46.879 Geof Smith: no, I think I mean, I think people know here on quite a few different, in fact, Garrett was, you know, talking about what I'm gonna be talking about later on. 36 00:05:46.980 --> 00:05:55.330 Geof Smith: But I another side of things that I'm always in intrigued with. we've got 37 00:05:55.620 --> 00:06:11.830 Geof Smith: that we're coming into June June is beginning a harvest on wheat. Just looking at. You know, the week prospects we're going to get World X supply coming out early next month. we capture next we also get Opec that same week. So 38 00:06:11.920 --> 00:06:38.480 Geof Smith: I'm kind of looking forward to see what the crop progress and the the supply is going to be based off of their estimates right now. They're not looking all that great especially in Southern Kansas, into the southwest So they're only expecting, maybe you know, 30 bushels an acre, which is, you know, very, very low. they've had a lot of drought and everything up there, and they're having in your 39 00:06:38.740 --> 00:07:01.029 Geof Smith: area of the country is not so bad. up in the the corn belt and stuff like that. They've actually had some decent weather but still, in that southwest region where all the wheat is. That's where the majority of the week comes out of. They're gonna have a week that the the problem with that a lot of people say, Okay, so we's gonna go up. P, it is. The the biggest thing is what people don't realize is they'll use a lot of that crop 40 00:07:01.300 --> 00:07:23.659 Geof Smith: or seeds. Well, if you don't have that many seeds, what's going to happen next year? Right? You can't put no plant that much. And so we're going to have. We have a bad week season this year. They're going to even have a worse one next year, but they don't have to see the plant. so that's what I'm going to be kind of looking at to see what that output is going to be coming out of the fields and stuff like that over the next month. 41 00:07:23.660 --> 00:07:32.340 Geof Smith: so I'm kind of concerned about a this food supply, but also the the the seed supply that for farmers coming into the next year. So 42 00:07:32.500 --> 00:07:51.939 Geof Smith: I want to kind of see how that does. Weird thing is, we've been kind of week lately. So they've been kind of brushing that off even with the The prospects coming out of Brazil, and stuff like that. Brazil's had no horrible droughts there. Of course everybody blames it on. El Nino, I think, is what they're calling it now. which I'll be talking about that here in a little bit also. 43 00:07:52.030 --> 00:08:07.940 Geof Smith: but I think the big thing just kind of going forward is kind of seeing where that we crops going to be. see what they get back up, and the silos and what comes out of that and then that'll give us a pretty good idea how the green complex is going to turn around. 44 00:08:08.030 --> 00:08:33.030 Celeste Lindman: Yeah, I love that. And I can't wait to hear more about what you have to say on all these different commodities, and going into the summer months and all different kinds of things, and as you mentioned to some of the things that Garrett was popping in about to that was really helpful. Well, let's switch gears here a little bit, Guy. I want to hear from you a little bit more what you do pay attention to, since you're not really so into the news, which I think that's great, because we talk about staying out of the noise, anyway. So what exactly. 45 00:08:33.030 --> 00:08:38.690 What are you doing? What do you look for? How do you separate the good from the bad, the great from the you know awful 46 00:08:39.460 --> 00:09:05.399 Guy Cohen: well, first of all, I look for a bit of order in the in the mix of disorder. So I I look for nice need setups, but I look for them. With one thing in mind can I identify a situation where there is position building likely to be going on one way or another, bullish or bearish at an inflection point. I also look to try and be on the side of the market as well, because I I'd rather that, you know, rise with the tide of other boats as well, or or sync with the tide of other boats. 47 00:09:05.400 --> 00:09:17.449 Guy Cohen: So I look for neat, tidy stuff. I look for a specific set up so I can filter for very easily, because I don't want to be stuck there staring at my screens all the time, and I look for, you know effectively a confluence of 48 00:09:17.450 --> 00:09:23.029 Guy Cohen: demand. The supply factors, together with a need set up where I can control my risk. And that's 49 00:09:23.030 --> 00:09:41.400 Guy Cohen: my entire game right there. Now, it might seem that we don't change a game. We don't adapt. Well, we do, because we keep on right. We keep on improving our algorithms. And we have. You know, I have a team of people that. So you know, once, and what have you that we we do that all time? In fact, we came up with some more recent stuff. 50 00:09:41.400 --> 00:10:00.490 Guy Cohen: recently. That helps us an awful lot on the underlying side. So by doing that and sticking to stocks that generally have low, implied volatilities, lots of liquidity. I don't have to get that much movement in the stock price. All I need to do is, have a high probability of the move that I'm looking for, and even if the stock only moves a few percent, I'm getting, you know. 51 00:10:00.730 --> 00:10:06.170 Guy Cohen: 4 to 5, 6, 7 times leverage on that, sometimes on the stock or an etf 52 00:10:06.320 --> 00:10:32.070 Guy Cohen: in a really really much more predictable way. So I don't tend to go for the wild and wonderful, and I found that my members who stick to that protocol do really really well. They are the ones that, like the wild stuff kind of bounce around a bit. So if I can share my screen, I would. Can I do that? Is that is that possible to show you a couple that might be interesting. I know I have been interesting. Now I've got it just to figure out how the heck to do this, because 53 00:10:32.140 --> 00:10:40.200 Guy Cohen: Let me just see if it's okay. Let me see if that's it, and I hope that you can see. And you see my pen as well. I wanna I'd love to use my pen. 54 00:10:40.450 --> 00:11:00.869 Guy Cohen: Okay, the script didn't work the other day. Okay, right? So here's the S. And P. And as you can see, it's going sideways. not particularly interesting. This is my secret source, patented indicator. That's not been doing very much, either. So that's not giving me a steer on the S. And P. All I would say to the S. And P. Is this, I have a thing called market Timers. 55 00:11:00.870 --> 00:11:21.880 Guy Cohen: I've just flipped my screen here, and this is my medium term timer. Here it's literally above 0, but below the upper orange line, or for or in shaded bit, we? We've probably got some upside. not much. But I think we there some upside is my basic conclusion. I'm gonna stick to within timeframe. So with the S. And P. 56 00:11:21.920 --> 00:11:37.530 Guy Cohen: Don't love it, but I think the path of least resistance at the moment is up at the moment. So I'm going to go through a few stocks that either are interesting or have been interesting. I look for consolidating type of setups, but not any old consolidating setup. 57 00:11:37.530 --> 00:11:57.940 Guy Cohen: So I look for where the options activity. This is what this patented indicators about suggests, it's going in the same direction. So here we have all the well, it's gone up. It's gone through a key level. That's a 50 day moving average. That's what we call one of our key levels, as is the 200 as well, which is good. It's a it's a it's a it's a 58 00:11:58.010 --> 00:12:16.679 Guy Cohen: T in the box for us, and it's consolidating above that line with options. Activity beginning to get interesting as well, so that one, if it breaks to 20 or the recent high, would be interesting to me. But it has to break out. If it doesn't that I'm not interested. Now, here's one that did recently that we had 59 00:12:16.680 --> 00:12:29.399 Guy Cohen: advanced micro devices. You see, this big move. That's nice. It means that there's interest there. There's there's volume and and buying power pushing this thing up recently. Then it goes sideways 60 00:12:29.400 --> 00:12:56.740 Guy Cohen: just underneath the $100 at the same time this is going on. The options players are getting active. The pricing is in our favor. It's gone above that magenta line. That's another key level. That's a 50 day key level again. It's gone above that. So it's now resting above that. If you like. Pull 2 to Jones, then again, you'll see that. You know, he loves key levels. So here we have a stock. It's breached to key level with a big move, increasing volume that's good to and options activity is picking up. And it's just happened 61 00:12:56.740 --> 00:13:18.999 Guy Cohen: about after earnings. So this is the catalyst to make this move happen, and all that happens there is, you pick your spot above 100 and go. If it breaks 100 I'm in. And now that's what happens. 25% up in that space time. Now we we can show when we have all these things, because I've actually got my journal here, which shows you which reviews I've I've 62 00:13:19.150 --> 00:13:30.770 Guy Cohen: so this less. You know all this stuff, and I've been showing it to my guys as early as mid April. But then, at the end of April, which is there, and again, then 63 00:13:30.810 --> 00:13:35.760 Guy Cohen: middle of May, which is right in that flag right there. 64 00:13:36.070 --> 00:13:44.360 Guy Cohen: So I don't want to be wise after the event. We're all over this one. An advanced micro is just a cracking stock. And so that was a that's a perfect post earning setup 65 00:13:44.360 --> 00:14:08.369 Guy Cohen: for us in terms of big money. I mean, I'm gonna whiz through a few others that may or may not be interesting. This is a k holdings. This looks like it might be going the other way. Options traders are negative on this one right now. It's consolidating below the 200 key level. This could be nice if it goes down, just keep it in in your watch list. You don't have to do anything about it right now. Now this is Celsius. The drinks company had a great tear. 66 00:14:08.370 --> 00:14:34.730 Guy Cohen: Look at this. By the way, does that look familiar to you already? Big? Move up now this was before earnings. But you see what happened before that big move up above a key level, consolidating nice. But now it is overboard. Okay, you'll see what happens to overboard stocks. Let me show you Lulu Melon, because I've been urging my people don't get involved in this stock. After this it was just over bought, and what happened smashed down 67 00:14:34.730 --> 00:15:00.749 Guy Cohen: right? That. So don't chase. Okay, it's a bit like, you know, when you are dating a college don't chase. They don't like it. next one fnd. Okay, I'm just doing this as fast as I can. Slightly unorthodox. I know Florence Deco. Okay, this is looking okay today. But generally this is what we saw down the earnings consolidates the options. Traders don't like it. The stock traders don't like it. 68 00:15:00.750 --> 00:15:20.120 Guy Cohen: All the big money footprints have been looking negative. Now it just needs to go and breach this again, and then the next stop would at least be the 200. But it's got to breach. If it doesn't go, then then you don't trade. Okay? So you need a breakout. This is guardian health. This looked really good right here. Gap up at earnings 69 00:15:20.120 --> 00:15:44.730 Guy Cohen: big big ovi. That's our options trading thing. There's your flag, and it popped up, and it kind of wobbled a little bit. And now we just kind of in the No Man's Land. Hopefully, it's got enough to get a little bit further, but you can see why it was interesting there already. Pop to earnings, consolidated good options, behavior, etc., etc., above a key level. It's our our kind of our kind of thing. 70 00:15:45.200 --> 00:15:48.269 Guy Cohen: Next one. I noticed 71 00:15:48.270 --> 00:16:10.270 Guy Cohen: the metals. The metals quote from earlier lithium was looking great. It was looking good. You got that little situation here. It popped, and it just can't get over the 200 right now. That's one lithium stock. Here's another one looking really good. You saw it around here. We had it about at earnings. There again. The options traders like it, and it bumped its head 72 00:16:10.270 --> 00:16:34.009 Guy Cohen: on the 200. These are real resistance levels. when you get it, Luli. We've done Netflix. This was cool as well. This should look familiar to you. Bit of a rise go sideways above a key level, and then pops by. There's probably got some upside even now. if it breaks the current highs. That's Netflix right now. Hack Zigura. I mentioned this one because it was mentioned. If you look at my 73 00:16:34.270 --> 00:16:37.279 Guy Cohen: my, my journal here. 74 00:16:37.770 --> 00:17:00.119 Guy Cohen: Fifteenth, it's on my a list that means it's extra special. So the fifteenth of April is right in this consolidation. Here, notice what happened up in a big way. Big options situation, big volume relative to what I've done before, as in terms of positive volume consolidation above a key level. This is about as perfect to set up. You're ever going to get. We were all over it. 75 00:17:00.550 --> 00:17:21.990 Guy Cohen: and that's what happened there up about 30% in just a couple of weeks. Then you have to manage your trade. That's a whole other conversation. But don't get caught up by that that's earnings, and it's come all the way back down again. But don't get quartel by that. You've got to manage your trade, and you've got to protect your profits, whole other situation. But power. We've been bearish on that one. This gives you what we've done in the past. 76 00:17:21.990 --> 00:17:47.709 Guy Cohen: There's a consolidation. There's your negative option situation. There's earnings comes down even more, and you've got a few bytes in the cherry again, just goes past that key. Level. Key levels are so important for managing your risk. And also it's where a lot of the actual comes from in stock place. just a quick one on the queues. Of course they are racing ahead because of all this AI stuff, whatever, but they are overboard. Don't chase 77 00:17:48.220 --> 00:17:59.330 Guy Cohen: another couple, not just a couple of left Rivian looks interesting this is a a car, a a ev car maker. If it could go sideways a little bit that would be nice if 78 00:17:59.480 --> 00:18:07.640 Guy Cohen: our options guys could get involved a little more that would be good to otherwise it looks good. Apart from that, just bust up a key level 79 00:18:07.820 --> 00:18:28.129 Guy Cohen: looks pretty interesting to me. Just needs those options traders to get involved as well to really make it compelling. There's a reason for that. By the way, this is Raymond James. Financial. Now look at this. This is a financial company, right? I wonder if they buy their own shares? We'll have a look at what's going on in the options. Well, nothing as it goes down. Look at this, nothing 80 00:18:28.520 --> 00:18:54.160 Guy Cohen: there! And then suddenly, after earnings, they go. Oh, I quite like that. But like this, options, trading goes bananas on it, and it's already up by whatever 12, and it's gone above a key level now. And now it looks kind of interesting. Goes sideways for another couple of bars that's got some upside to it as well. So yeah, so slightly bullish big money bias there. I'm interested in that one. I think that's really interesting. this was one that we had. 81 00:18:54.670 --> 00:18:59.550 Guy Cohen: Recently, I had this one at the beginning of April, went up, then went down the 82 00:18:59.620 --> 00:19:13.300 Guy Cohen: Consolidate again. And now it's gone all the way back, up again, options straight to zoom to that one that's interesting. But you kind of missed the boat. Kind of wanted to get in there, or where we got in earlier last couple. vmware. 83 00:19:13.530 --> 00:19:17.100 Guy Cohen: We like that right here. Look at this consolidation 84 00:19:17.250 --> 00:19:36.970 Guy Cohen: into the key level, just nicely supported by that key level. Look at the options, traders, they love it, and then it bounces, has another test, and then up it goes, add earnings. But this is no accident. These guys are getting involved because there's something going on the earnings, and the 50 Day Key Level is holding that up with support as well. 85 00:19:37.390 --> 00:20:00.310 Guy Cohen: I think you get the picture of what I look for. Okay, this is all I do. Okay, I don't care about anything else. It's all about supply demand at the end of the day. This is Wms. What a fun company. This is advanced drainage. What about that nice sewage company? Nice, very romantic. There's so much going on here that's very interesting. I won't go into the the detail. But if you look at this, move down this move down 86 00:20:00.310 --> 00:20:18.749 Guy Cohen: it gets less. These moves down a shrinking. This is a big thing for us options. Traders love it. There's the consolidation above the key level. And then guess what pops up now it's doing it again. It needs to just do this because gets above the 200. If it does that, then it's got some upside as well last 2, and then we're done. 87 00:20:19.910 --> 00:20:45.339 Guy Cohen: Wolf looks interesting. It'd be even nicer if it was above that key level. But you can see there's a change here, and sentiment from the options traders. This is interesting to us. It's consolidating. That's interesting to us. If we look at the 20 day key level, you probably find it's just broken that one. And indeed, it just has, so I'd keep an eye on that one that looks like it's got some upside It's not a short squeeze I thought it was. And then, lastly, Z. Scalar. 88 00:20:45.640 --> 00:21:01.209 Guy Cohen: you can see the pattern recognition here. It's found that that was a flag in there, and it has started to breach that 200 day key level. So we've been looking at that one over the last week or so. You can see here. It was in my review on the thirteenth, my review of the twentieth. 89 00:21:01.210 --> 00:21:25.260 Guy Cohen: then my a list, and you see it's done quite nicely since that time. So anyway, those are some stop to look at either past or present, or maybe a little bit into the future as well. But I hope you get a feel for what I do and what it means is I cut out all the cluster. I only care about one thing. I want consolidations near key levels where the options traders are involved. And obviously I use my patented indicator for that. 90 00:21:25.280 --> 00:21:52.580 Guy Cohen: I also look for another couple of things that I can search for as well that suggest that there is supply and demand pinch points which are going to potentially lead to a move in my favor, or at the very least not to move against me, and that's what I do, Celeste. You saw it all in Miami as well. Yeah, I'm one dimensional. I'm very focused, and it means that if there's nothing going on, I don't have to worry about stuff. I can just do something else. 91 00:21:52.580 --> 00:21:59.409 Guy Cohen: Focus is good and steady, Eddie. So I look, you know who who makes more money, the brain surgeon or the general practitioner. 92 00:22:01.270 --> 00:22:16.399 Guy Cohen: You got it, I was, gonna say the proctologist. But let's not get into all that you know that. That's that's just Benny. That's just English sense of humor. By the way, if you get to know me, you'll you'll be okay with all this. It's kind of a form of Tourette's. But but anyway. 93 00:22:16.670 --> 00:22:41.560 Celeste Lindman: that's excellent. Well, hey? And great good question. I know that that this is really get a good. You got a lot of great ideas and trade ideas I hear from from Guy, and you can go back and you can listen to the recordings. Also, Guy has an event kind of coming up it. I think it's gonna be in the month of June. Be watching for there's a recording that you'll be able to watch. Get a better idea of how he's using the software, and particularly that ov I, 94 00:22:41.560 --> 00:22:52.339 Guy Cohen: that options activity is is just phenomenal. So you got great tips. Let's keep it moving. Keep your Memorial Day holiday. We can go in here, Guy. Thanks for joining us so much. It's been too long. 95 00:22:52.380 --> 00:23:14.389 Celeste Lindman: But but just myth, let's let's talk a little bit more about these commodities. You know what's going on, you know, and not only the the commodities, but the supply chain. And I know you've got some really great information on this. You know. Smr atomic nuclear debate. Musk is in Elon musk also shale oil spill the beans. 96 00:23:14.460 --> 00:23:19.860 Geof Smith: Going back to what Garrett was talking about. 97 00:23:19.960 --> 00:23:44.989 Geof Smith: we're, gonna I think, run into some new supply chain issues not only just because of Russia. We're putting a terminal sanctions on Russia, and going into the medals part as he was talking about one thing that's very, very interesting. There's a what is this called new ner nickel new nickel, whatever that company is over here in Russia. they actually supply 98 00:23:44.990 --> 00:24:03.359 Geof Smith: about 5 to 6 of the world's global nickel. But they also supply 40% of the palladium And since we necessary haven't necessarily put sanctions on that company that's inside of Russian. More anything. It's just not 99 00:24:03.580 --> 00:24:16.349 Geof Smith: focused around putin but they can't get the supply chain to get it out. They can't get the trains, they can't get the boats, they can't do anything. So what are they doing? They're selling it to 100 00:24:17.060 --> 00:24:20.230 Geof Smith: China. And so now China is getting all of it. 101 00:24:20.380 --> 00:24:42.189 Geof Smith: so they're actually taking care of all that. So we're going to be no bowing to China for trying to get anything. and because of that, we're most starting to get some shortage and some nickel and some palladium and stuff like that. not only that going back to the old El Nino here the old Panama Canal. I think everybody has heard of that. 102 00:24:42.230 --> 00:25:03.979 Geof Smith: They actually use lake water to raise and lower all of the no levels that people go through well with the droughts they've had down there. There's not a whole lot of lake water to fill everything up. So they're actually asking ships now to decrease their payloads. 103 00:25:03.980 --> 00:25:21.979 Geof Smith: And instead of them having a normal 45 foot, the displacement they want to go down to 35 foot displacement. So that's a lot of cargo that they're not going to be able to ship in those things. So that's a decrease in shipping going through there now. The pan walking out only does. What? A whopping! What? No. 7 8 104 00:25:22.120 --> 00:25:40.720 Geof Smith: of the world's no shipping, no through that canal, but still it's quite a bit so that's going to be slowing that down. The one thing that it won't hurt is like L. And G. No, it has gas liquefied gas, right? So it doesn't weigh all that much. so they can still get all those ships up and down through there. But 105 00:25:40.860 --> 00:25:58.649 Geof Smith: that's a one thing that we're gonna have to keep an eye on is know what is the shortage of supply a coming out of Russia and be going through that canal. going from one hemisphere to another hemisphere. And seeing what that shipping is going to be. I mean, it's a long ways around South America. 106 00:25:58.820 --> 00:26:23.819 Geof Smith: and they don't want to do that. So they're. That's that's one thing that I've been kind of keeping an eye on just to see how that's starting to affect. no, the Asian markets our markets. just because we're coming out of. Think about it. Come out of our no Gulf of Mexico want to get out something over to California. Well, the simplest way is all to the old canal there. So not be using more. No 107 00:26:23.840 --> 00:26:32.909 Geof Smith: trains and trucks and stuff like that here to do that. We had no, the price of Diesel's come back down a little bit, so that should be helping them out somewhat. 108 00:26:33.130 --> 00:26:56.230 Geof Smith: but Just something to kind of, you know. Keep your eye on just kind of keep your ear to the ground and see what what we can, and can ship out of the No, the Russian area, even though a lot of those companies don't have sanctions on them. just the overall infrastructure is not their form, because that's what has the sanction on it. So And going into atomic here. 109 00:26:56.370 --> 00:27:12.989 Geof Smith: being kind to starting to learn a little bit about these SMS and stuff like that. the the the biggest thing. And what an Smr is is a basically a small modular reactor. and some people use it as small and medium reactors. There you go. 110 00:27:13.010 --> 00:27:19.129 Geof Smith: But regardless of that, they? They are quite small, they know, run 111 00:27:19.210 --> 00:27:35.510 Geof Smith: somewhere around the 300 no megawatt area up to maybe 700 megawatt area. Something like that. They they use them for not only no helping other nuclear power plants to keep up and running 112 00:27:35.570 --> 00:27:45.109 Geof Smith: and the reason why? That is because the SMS they don't have to be refueled. But like every 3, 5, 6, 7 years, where the big 113 00:27:45.440 --> 00:28:14.459 Geof Smith: no ones have to be refueled about every one to 3 years. So as they come down, they can put these up online. You still have the power going out there. but they're also going to be getting them into no desalination plants. of course. Normal. Just know the the, you know, steam turbines just generate the steam for all the steam turbines, and they're trying to get away from coal and everything like that. These things can, you know, replace that very, very well. But a lot of it is still under 114 00:28:14.660 --> 00:28:18.779 Geof Smith: I'm testing. I'll put it that way. The Eia I was 115 00:28:18.780 --> 00:28:37.320 Geof Smith: digging through their website to see how hip they are on them because they should be right if they're gonna go green here. And they are, they are actually doing a lot of different testing on them and putting them into a different lot of different areas to see how they perform and how long they perform, and how much their output is, and how well they will work. 116 00:28:37.320 --> 00:28:52.369 Geof Smith: And so I think that's one area that might be no kind of exploding and what caught my mind on it was just because, you know, must says, Hey, I'm going atomic. And I'm just like, yeah. Wouldn't everybody love to see that, you know. 117 00:28:52.500 --> 00:29:16.720 Geof Smith: But I think with him kind of backing it up, and something like that. I think it might actually get some some wheels to actually get moving. just kind of looking at no companies that make these things. I mean, you have no no big ones like Ge, that kind of help in that area. but just, you know, an actual S. Mr. No kind of company. I only kind of really found one. And the symbols. Smr. 118 00:29:16.720 --> 00:29:34.750 Geof Smith: that makes it pretty simple. But you can go look at some of the Ets you got the ura, which is a uranium etf The other Etf is What is it in Lr, which is actually the uranium for nuclear use 119 00:29:34.900 --> 00:29:46.920 Geof Smith: and so that one's probably going to be starting to perk up a little bit if you're looking at no trying to do something in the in the that Smr industry. I'm sure more companies will come about. I'm sure more will start moving. 120 00:29:46.920 --> 00:30:09.260 Geof Smith: and more will come around, and you can probably start, and they'll probably want no investment. And they're probably start Ipo, and you'll probably start seeing things come from there. So I think that's something that we'll probably see over the next, probably 5 to 10 years, a lot of those starting to really kind of spurt out and everything like that. So I'm gonna kinda keep it on my radar, but really not jump on anything right now. 121 00:30:09.300 --> 00:30:10.960 Geof Smith: finally. 122 00:30:11.110 --> 00:30:27.169 Geof Smith: And we'll get in more detail and ask the pros premium on this subject. Going into the energy sector and energy inner industry. we've got No, I've been kind of watching a lot of different charts. A lot of people look at rig counts. 123 00:30:27.170 --> 00:30:50.519 Geof Smith: I do as well, but there's also one on on on the duck side of things. What I mean by this, d. You see, which is, they're grilled, but they're uncompleted, and they a lot of companies go out and they'll they'll be exploring and drilling. Here we are. We're just grilling drill and drill and drilling, but once they find something, if they don't need it, they just plug it off and say we, we know where that whole is, and it's got something in it, and they go on 124 00:30:50.790 --> 00:30:53.940 Geof Smith: well, because they can't get new 125 00:30:54.010 --> 00:30:56.119 Geof Smith: leases to drill on. 126 00:30:56.200 --> 00:31:13.969 Geof Smith: What are they doing? They're going back to the grilled but uncompleted. So if you look at that, the it the graph just gets re just drops like a rock here over the past several years. So they're running out of drilled, uncompleted wells to complete and to drill on 127 00:31:14.140 --> 00:31:23.449 Geof Smith: and noting that we might be getting into a bit of a oil supply tightening here and 128 00:31:23.460 --> 00:31:38.559 Geof Smith: noting that. no, you hear people saying, oh, crude! It's going to be doing this and crude. It's going to be doing that, I think, on the long haul. We're probably going to see cruel prices start to move back up again. They've been consolidating and going back to 129 00:31:38.620 --> 00:32:04.139 Geof Smith: words that no guy likes to use here. going. It's been really been consolidating around the $70 area. it kind of bumps up a little bit and pulls right back int070-68-7072. And it's really had a hard time between 70 and 80 if you just want to look at a bigger picture of it. I think we start really getting back above 80. And, Tom, we were using. What was that? 80, 60, or something like that in crude right? 130 00:32:04.140 --> 00:32:17.860 Geof Smith: Right? If he could really bust above that, or probably going to take off and I think that's still a very valid number. and I think we're probably going to start seeing the energy markets start really start perking up here a little bit. and 131 00:32:17.910 --> 00:32:40.379 Geof Smith: I mean when when we when you step back and kind of look at more, I'll say fundamentals of things. The energy sector. The PE on the energy sector is at 5.7. I mean, that's like like dirt cheap. Right? I think you can just like buy anything energy and start going from there. If you look at the the, the next one is a basic materials, and it's PE at 11.3. 132 00:32:40.550 --> 00:32:54.569 Geof Smith: And then you get. Of course you get to financials, and it's like 12.4 when you look at the S. And P. 500, it's at 22.2. So there's a lot of room for the energy markets and basic materials to start moving back up just based off those PE ratios. And I think 133 00:32:54.760 --> 00:33:14.779 Geof Smith: that's something that no, because they're quote unquote over. Sold a little bit in here, I think, on a longer term basis for probably going to see energy markers go back higher. When we get to ask the pros I'll get into talking. I get a million people asking me about natural gas, and I will promise you all in there. I'll talk about natural gas. but I'm going to spend all my time here doing that. 134 00:33:14.920 --> 00:33:35.489 Geof Smith: But I think one thing that we can start looking at is probably some very good support in here on the natural, on on the well, and even on gasoline. you just kind of start reading around, and I brought this up several times, and we've had a lot of refineries go down, and there's a huge refinery that shell owns, which is over there in Singapore 135 00:33:35.490 --> 00:33:55.449 Geof Smith: And this time of year it's not unusual for a lot of the refineries to shut down, and they get all their scrubbers and everything all nice and cleaned out, and do some maintenance and all this stuff, and they'll bring back everything back online for all the summer gases. That's not unusual. But that shell plant that supplies a lot of gasoline. They're actually turning away 136 00:33:55.450 --> 00:34:07.810 Geof Smith: crude oil right now because they're still shut down they've had. They're they've extended their maintenance up until the middle of June. Now. And they produce a lot of gasoline and the stillets of all kinds of things. 137 00:34:07.810 --> 00:34:21.899 Geof Smith: so that's gonna be starting to tighten up. And I think that's why you're starting to see gasoline starting to perk back up. If you look at just the the Etf Uga and I will use because Tom is going to want this. So I'm just going to do it. 138 00:34:22.550 --> 00:34:27.970 Geof Smith: just because he's going to say, Hey, can you bring this up? So I'm going to, anyway. There. 139 00:34:29.610 --> 00:34:35.849 Geof Smith: this is Uga. This is Tom. I'm going to be talking about this. This is his Mti indicator. 140 00:34:36.020 --> 00:34:55.499 Geof Smith: It's actually getting positive here, and it's been dumped off. I mean, gasoline. Crude has been. But it's starting to perk back up. And I think they're starting to get word A of what's going on over that shell plant, how much it actually supplies around the world, and especially in Southeast Asia. 141 00:34:55.739 --> 00:35:21.310 Geof Smith: And of course we're starting to get a little tightening on the crude markets. You look at the Ei petroleum status report. This past week we had huge draws in both gasoline and crew big ones. There were still positive on the year, as far as inventories on crude oil gasoline's actually got a draw for the year on inventory. So I think we're going to start seeing a more of a push up in pricing gasoline, which I know people hate that because they hate paying higher prices at the pump. But 142 00:35:21.310 --> 00:35:26.959 Geof Smith: that's just the way it's going to be, I think, and I think it's going to kind of sustain itself through the next couple of months. Here. 143 00:35:30.230 --> 00:35:31.020 Geof Smith: there. 144 00:35:31.890 --> 00:35:33.939 Celeste Lindman: great love, that indicator 145 00:35:33.980 --> 00:36:01.149 Celeste Lindman: that's really cool. We'll so so do you have anything else there to share, Jeff, or can I? I want to encourage? Make sure everybody has the opportunity to come over to ask the pros premium and get all of the great details and trade. I'll go into a lot more detail and ask the pros premium, especially on the natural gas side of things. I want to give Tom some time here, because we don't have but like 146 00:36:01.150 --> 00:36:15.289 Celeste Lindman: flip over to him and let him kind of finish things out here 147 00:36:15.600 --> 00:36:20.549 Tom Busby: all right. First of all this, Jeff, if you if you don't mind let's put 148 00:36:21.710 --> 00:36:25.459 Tom Busby: let's put Amd in there I am d 149 00:36:26.800 --> 00:36:28.170 Geof Smith: guys stock 150 00:36:28.810 --> 00:36:31.940 Tom Busby: am d okay? 151 00:36:32.480 --> 00:36:45.680 Tom Busby: if you were with me Sunday night I showed this. I showed this. I said, Nvidia has earnings this this week, and I said, I'll probably won't play in video, but A and D is a place to be. 152 00:36:45.780 --> 00:37:04.379 Tom Busby: And so we had positions in Amd all week. I still have some stock in A of D. But I I just want to show you the power of this market timing indicator. I mean, we were there. we're long about 104, and where is it? At 1 27 this week? I think 153 00:37:04.520 --> 00:37:07.090 Tom Busby: this doesn't. This doesn't hit my 154 00:37:07.290 --> 00:37:17.220 Tom Busby: he's been kodak trade, but it's pretty close. I mean, it's a pretty good winner I got a call from a guy from Canada Day. 155 00:37:17.410 --> 00:37:19.509 Tom Busby: How do you know this stuff so well. 156 00:37:19.930 --> 00:37:27.829 Tom Busby: if you read the numbers, and the number said to me, you got big news with the Nvidia coming out, and 157 00:37:28.300 --> 00:37:48.269 Tom Busby: A. Of D is gonna respond, and Boy did it. So if you're it's still in amd. I can tell you right now that you got a risk a little bit. You got a risk down to about 120, because that's where, if you look on the right hand chart, that's where the short term would turn negative. And I just think that having this indicator is is so powerful 158 00:37:48.320 --> 00:37:56.469 Tom Busby: for all traders, whether you're a short term trader or long term trader. And so I want to start out with Amd. The next thing I want to look at 159 00:37:56.810 --> 00:38:03.490 Tom Busby: is Gld. Gld. You know I made the statement while ago that that 160 00:38:04.160 --> 00:38:14.489 Tom Busby: I think gold is gonna go a lot higher. Well, how am I gonna know when it's gonna go higher? I've got the numbers right in front of me, basically telling me when gold goes above. 161 00:38:14.530 --> 00:38:33.539 Tom Busby: I'll start probing it when it goes above 1 81 48 over on it. Short term chart. If you look at that, that Jeff, you how like 1, 81, 48 where that line is, I'll start probing it, but once it gets above. you know, I would say 1, 83, 25. 162 00:38:33.600 --> 00:38:47.490 Tom Busby: I'll add to it. If it goes above 1, 86, 55, I'll be all over. I've got a roadmap and a blueprint, for when to be long gold, and this this market time and indicator is great for that kind of stuff 163 00:38:47.530 --> 00:38:49.490 Tom Busby: now 164 00:38:50.000 --> 00:38:59.419 Tom Busby: the last thing I want to talk about with. Well, Jeff has got those charts there is. Let's go look at the look at the general market. Let's look at the the Nasdaq. Okay? 165 00:39:01.130 --> 00:39:03.200 Tom Busby: And you do. 166 00:39:05.820 --> 00:39:14.740 Tom Busby: I mean. how could you? How could you not belong to something related to the Qq. When you look at that. 167 00:39:14.770 --> 00:39:25.010 Tom Busby: and then you say to yourself, Well, where will the Q. Q. Give it up? Well, I know where it's going to give it up when it goes below about 3 40, which is 168 00:39:25.540 --> 00:39:32.439 Tom Busby: quite a little bit down. So you know you got we were talking about the market going way up. And now we're talking about the market. 169 00:39:32.530 --> 00:39:38.799 Tom Busby: you know, being over bought. So now let's dial it in with the diamond di a. 170 00:39:39.610 --> 00:39:44.809 Tom Busby: This is the Dial 30, the industrial. If you look at the diamond short term today. 171 00:39:44.910 --> 00:39:53.169 Tom Busby: you know, they they having a pretty good day. But if you look at the market. It's got a lot of resistance. In fact. 172 00:39:53.690 --> 00:40:14.050 Tom Busby: the actual number on the diamond, I think I think, is a 3 44. It's not on this chart but 3 44 55 tells me that as long as it's blow, that the diamond is something you can short on on the down days it's pretty good for doing that. And so time and wise, what do we have? 173 00:40:14.300 --> 00:40:22.799 Tom Busby: All right markets trading up to June first, and if I look at the calendar. June first is next week. so I would expect. 174 00:40:23.860 --> 00:40:32.080 Tom Busby: after the first 3 days of June, you' to see the market start sliding back down after the first 3 days of June. 175 00:40:32.390 --> 00:40:41.869 Tom Busby: and and I'd have to get into a long detail to explain why. But I do think that's gonna happen. In fact, I think if 176 00:40:42.100 --> 00:40:43.949 Tom Busby: we get to July 4, 177 00:40:44.230 --> 00:40:56.189 Tom Busby: and the market turns down after the after July Fourth either accelerates the current trend or reverses it. I think it get pretty severe if you look at it. If you look at the stats on it, I think 178 00:40:56.480 --> 00:41:11.340 Tom Busby: 65% of the time from July to September. You have a down market this overall that 60 day period. So what I would do in the present day is what I've done all year, which is, I'd be in T. Bills. 179 00:41:11.420 --> 00:41:21.249 Tom Busby: and I would use like dart in, dart out strategy to. There's opportunities both up and down. But you guys know how to trade. This is a definitely traders market. 180 00:41:21.270 --> 00:41:27.680 Tom Busby: And so when I look in the mirror in the morning, I say, am I looking at an investor. Am I looking at a trader 181 00:41:28.020 --> 00:41:37.380 Tom Busby: when I look in the mirror? I you know, for 40 plus years I've called myself a trader. I think I'm a trader, I think, just a trader, and I think we laugh about 182 00:41:37.390 --> 00:41:51.209 Tom Busby: we have something we were working on in the background and and our program said, You want a 10 day outlook. I said, no, 5 days is all I need. Okay? And I think you said he said. Jeff said the same thing, and I said, Well. 183 00:41:51.470 --> 00:42:15.380 Tom Busby: Jeff, things like I do. We do it week by week, and so if I'm out there and I'm looking at the market, and you got some gains, you know. Get defensive. It's what I would tell you, and there's plenty of opportunity once we get through the summer, and if we do have a big sell off like I think we probably will. There'll be some good buy in there for you, and some of these stocks will set up, and 184 00:42:15.380 --> 00:42:27.920 Tom Busby: you'll have a big opportunity. It's better always always to pull it in when you're having a good run, and I tell you, you know I'm still long to say and be, and I can't believe I'm still long it 185 00:42:27.950 --> 00:42:35.029 Tom Busby: because stock had showed me any signs of getting out of it. If it does, I got a number. Just blow 1 20. I'm gone. But 186 00:42:35.150 --> 00:42:36.800 Tom Busby: wow! I mean. 187 00:42:37.120 --> 00:42:43.109 Tom Busby: I didn't think when I bought it at 104, I'd be at 125 in a week. But I am 188 00:42:43.760 --> 00:42:55.450 Tom Busby: so anyway, I think I think you could use today as a good time to be thinking about strategically. Second half of the year. We'll spend a lot of time at sawgrass, which is June fourth to do that. 189 00:42:55.480 --> 00:43:11.779 Tom Busby: and I do when I said I don't say it lightly when I think gold is the place to be for the next 10 years, and you know, go I to people I don't like go so for me to be in gold. The last time was this strong a goal? Was. 190 00:43:11.790 --> 00:43:16.620 Tom Busby: I think, 2,003. Right? You up with about 300 and 191 00:43:16.740 --> 00:43:31.000 Tom Busby: yeah. And I've been lost in front of 1,500 people. And I said, guys, you want to pay for this Congress. You buy gold. I couldn't believe the words came out my mouth. 192 00:43:31.030 --> 00:43:42.990 Tom Busby: and sure enough, that we go started rallying, and I guess we've been in a continued rally up to to the time we went to Chicago. At the debt crisis 2,011 it topped out. 193 00:43:43.050 --> 00:43:50.249 Tom Busby: came down and then and then. Now we're back up, but if you look at charts on it, and I'll get in some details on that in a little bit 194 00:43:50.360 --> 00:43:55.149 Tom Busby: I don't see see how you can't have some gold 195 00:43:55.450 --> 00:44:15.569 Tom Busby: as you go forward now, like silver always have like silver. But right now I think goal is going to be the point. So I got some slides here. You got a second something we put together. Keep it going. Those are great. And hey, you mentioned to saw grass coming up here at the beginning of June, and I imagine people can. They can come, live, and be there with you. Or they could probably also do that online. Is that right? 196 00:44:15.600 --> 00:44:23.640 Tom Busby: Yeah, absolutely. We're going to cover this. The focus is going to be on 3 big events, Mti. By Dti. 197 00:44:23.700 --> 00:44:28.169 Tom Busby: And my 80 20 strategy which Jeff and I 198 00:44:28.630 --> 00:44:31.429 Tom Busby: just flat love. And 199 00:44:34.280 --> 00:44:35.340 Tom Busby: oh, excuse me. 200 00:44:36.980 --> 00:44:41.510 Tom Busby: Adams, in here you got me distracted. 201 00:44:42.110 --> 00:44:47.500 Celeste Lindman: We got 3 Mti 80, 20. And 202 00:44:53.150 --> 00:45:06.949 Celeste Lindman: yeah, that's always a great event. Anybody that can go. And Tom was talking to about that kind of that July fourth timeframe. He's really big on that. It's it's just a that is a really really cool event, so aggressive. You have the opportunity to get involved with. That is excellent. 203 00:45:07.440 --> 00:45:08.689 Tom Busby: all right. So 204 00:45:09.090 --> 00:45:28.899 Tom Busby: Jeff and I agree. I think energy prices are gonna go up rather and down. And I think that the big numbers like we said, at 80 60 Jeff gave you is pretty good stuff, and so if you remember, last year I told everybody to be short, 2022. Everybody said, What do you mean? Be short. 205 00:45:28.900 --> 00:45:44.840 Tom Busby: Well, what the market do? It fell. It fell, and I said you ought to be long energy. Then by mid year I said you were back away, and it went down. But we got some tools. Now that really help you time it better, and that's empty. Mt. I to do that. But 206 00:45:45.370 --> 00:45:49.459 Tom Busby: the strategy of 80 20 is just so powerful and then 207 00:45:50.670 --> 00:45:55.040 Tom Busby: focus on gold. You know, it got interesting prices, skyrock and inflation 208 00:45:55.050 --> 00:46:04.709 Tom Busby: is out of control. If you think about it, what is it? 4 times what the fed and forecast? And and I don't think that. 209 00:46:04.790 --> 00:46:16.390 Tom Busby: there's a lot of reasons for it to go down. But if you remember the reason it really led us going back up was the energy prices. I think you don't have that issue later on this year we'll see if I'm right on that. 210 00:46:16.470 --> 00:46:21.890 Tom Busby: And Banks just talk about bunch real quick. You are to follow a Etf. Called a re. 211 00:46:22.040 --> 00:46:39.300 Tom Busby: He's about $40, but it sort of gives you the health of all the regional banks. When that stock breaks. I think we figured I talked to Jonathan this morning. 37, 40. That means means there will start talk about regional banks again. K. Re. 212 00:46:40.000 --> 00:46:49.409 Tom Busby: you know, exact conditions were present back in 1,975. I'm taking you back in history. This is sort of a short history of the world 213 00:46:49.740 --> 00:46:58.779 Tom Busby: small group traders had one question. you know, how do you buy more gold back then? A lot back, then, is a lot more difficult to buy gold. And 214 00:46:58.800 --> 00:47:08.249 Tom Busby: but goal was in a a, A major run with the same type conditions. And you think about it. Well, okay, this history repeat itself. I do. I think it does. 215 00:47:08.420 --> 00:47:14.330 Tom Busby: in 1975, what was I doing? Well, I wasn't thinking about trading. I was thinking about flying. 216 00:47:14.370 --> 00:47:20.070 Tom Busby: and I was in. I was overseas, and I remember setting nuclear alert. And 217 00:47:20.180 --> 00:47:28.970 Tom Busby: it taught me to, you know, be disciplined. It taught me to always have a plan and a backup plan. And 218 00:47:29.270 --> 00:47:35.089 Tom Busby: you know. I hate to look at that picture because what you could do damage to yourself in 50 years 219 00:47:35.340 --> 00:47:39.190 Tom Busby: versus, you know, weight and age that happens but 220 00:47:39.240 --> 00:47:45.129 Tom Busby: one time, you know, I was a I was in pretty good shape. Look back on it. 221 00:47:45.200 --> 00:47:48.450 Tom Busby: which I get back in shape anyway. But 222 00:47:48.490 --> 00:47:50.720 Tom Busby: 1,975 forward 223 00:47:51.250 --> 00:47:59.770 Tom Busby: goal went from 195 to 850, which is what 4 times value that it was back then. 224 00:47:59.910 --> 00:48:21.319 Tom Busby: and if you believe history is going to repeat itself like I do, I think, gold this year. In the next 12 months is going to see a run to 2,600. And if you look at our track record on gold, I I think we had. I wish we had it in here to show it to you. But we've been, I think, about long about 20 different goal play so far this year, and I think 225 00:48:21.530 --> 00:48:35.269 Tom Busby: oh, good! I think it was perfect up to last few few trades. But we we can trade go when it's time to trade go. But if it does go to 2,600, it's currently what 226 00:48:35.620 --> 00:48:38.899 Tom Busby: 1,960 now. So you got some pretty good run there. 227 00:48:38.920 --> 00:48:42.069 Tom Busby: if you think about it, run way to make some money. 228 00:48:42.420 --> 00:48:43.250 Tom Busby: Now 229 00:48:43.880 --> 00:48:52.649 Tom Busby: look at this next chart sort of explains. If you look at it. Look at where we are, the gold, silver ratio you look at the S. And P. 500 230 00:48:52.800 --> 00:48:53.870 Tom Busby: and 231 00:48:54.130 --> 00:49:03.749 Tom Busby: the inverted Europe. You'll cur. Have you all heard the news talk about the inverted yield curve. So this is what it does to go. Look how it outperforms 232 00:49:03.780 --> 00:49:05.950 Tom Busby: everything, you know. 233 00:49:06.720 --> 00:49:21.270 Tom Busby: 70 of the yield. Co. Curve is inverted, and you look at that and you go. You can't fight this kind of stuff when you think about it. So I do think gold is a play now, historically, it's been a slow starter, and 234 00:49:21.420 --> 00:49:49.350 Tom Busby: you might go to go early, and you, you know it might have bought some gold, and you're down on go. But I wouldn't worry about it, because I do think that it will be the play. Once everybody gets to the point of saying, Hey, I better put my money in. Go, and you'll see a lot more ads on TV running, you know, selling your gold, and everybody will be talking about. Go! You'll see all that coming, because they'll be buying all the ads they can get, pushing everything else out of the way. 235 00:49:50.020 --> 00:49:50.880 Tom Busby: Now. 236 00:49:51.670 --> 00:49:57.899 Tom Busby: since the bank is crisis started, you got to ask yourself you think it's done? Just talk about that real quick. 237 00:49:57.970 --> 00:50:10.059 Tom Busby: Why did we have a banking crisis with with Silicon Valley. Very simply. Bankers were taken long-term government debt, which they thought was guaranteed 238 00:50:10.330 --> 00:50:23.659 Tom Busby: as a novice. They didn't realize they had to market to the market, and with this rapid rise and interest rates, the fed sort of shot themselves in a foot with these banks, and the bank's capital went away. 239 00:50:23.880 --> 00:50:29.719 Tom Busby: They were. They had to get to cash, and they had to liquidate those things at losses. And guess what 240 00:50:29.750 --> 00:50:31.520 Tom Busby: you gotta run on the banks. 241 00:50:31.680 --> 00:50:35.200 Tom Busby: I don't think it's over. I don't think every regional bank 242 00:50:35.260 --> 00:50:58.150 Tom Busby: in the in the United States is this managed as well as most, and I think you could look at some of those stocks. There's stocks on that list, and there's a long list of stocks that are really struggling right now, and have lost a lot of money already, and they're warning, and I will like we'll know First Republic Bank. We're at Sqqq. I went short. That's the first stock 243 00:50:58.540 --> 00:51:15.860 Tom Busby: in my history of trading I ever took to 0. Usually I get out at 50 cents or a dollar, I said, I'm holding this one to 0 and I got it to 0, and I kept it as a quote for 0 for a couple of weeks. Remind me sometimes it pays to stay with a good trade. It was at 0 244 00:51:15.940 --> 00:51:24.059 Tom Busby: pretty neat. But anyway, that's That's something that I think there's more to look forward to. That's why I gave you the kre 245 00:51:24.280 --> 00:51:47.170 Tom Busby: but face the Us. Dollar is plummeted, I think if you look around the world you all remember about 2 years ago they said, Well, no, we got to get respect around the world when the President came on, and that was his big thing, respect around the world. Well, how he done. Okay. America in my lifetime. Maybe going back to Jimmy Carter days is probably not 246 00:51:47.610 --> 00:51:52.929 Tom Busby: suffered as much damage as far as worldwide respect as we have over the last 247 00:51:52.990 --> 00:51:56.069 Tom Busby: 2 and a half years. That's my PIN. Now. 248 00:51:56.350 --> 00:52:16.769 Tom Busby: Precious metals is a hedge against the dollar, no matter how you cut it. All we have always has been always will be. and that's what a chart looks like. If you look at us dollar and pound sterling. Okay, and you will see the dollar get weaker and weaker and weaker. You'll see currencies like euro, and things like that go up. 249 00:52:17.200 --> 00:52:22.029 Tom Busby: No. that's why I'm all systems on this. I'd rather be early than late. 250 00:52:22.230 --> 00:52:35.870 Tom Busby: I know a little bit more, and I did back in 1,975, when I was focused on something else about the medals. And I'm telling you need to put some time in studying it. Okay? And I'm encouraged all my students to educate yourself. 251 00:52:36.070 --> 00:52:43.809 Tom Busby: And our team has put together a great report, I call it. We call it 8 session masterclass. 252 00:52:44.170 --> 00:52:56.800 Tom Busby: I've even had some people. It's been traded for a long time that went through this and said, Wow, I didn't know that about the precious metal complex. Let me tell you what's inside the go parallel playbook. 253 00:52:56.940 --> 00:53:02.679 Tom Busby: Okay, it's called 3 asap go by stocks. I think you ought to buy. 254 00:53:02.940 --> 00:53:16.809 Tom Busby: and in addition you'll get access to an 8 series masterpiece teaching you. You don't know anything about go, or we refreshing you if you do know things about, go what to look at as the metrics as we go forward. 255 00:53:17.940 --> 00:53:22.729 Tom Busby: Very time. And. David, he's been trading 256 00:53:22.950 --> 00:53:30.360 Tom Busby: 30 years. Okay? And he acknowledged the fact that that this is a pretty powerful 257 00:53:30.990 --> 00:53:43.129 Tom Busby: training document now. and or something about what my specially is market timing. and how 258 00:53:44.240 --> 00:53:48.699 Tom Busby: got a lot of profits this list of me on gold in the M. And gld. 259 00:53:49.000 --> 00:53:49.790 Tom Busby: Now. 260 00:53:51.260 --> 00:53:57.670 Tom Busby: here's some different things you'll discover I got the 2,600 price. I didn't make it up. 261 00:53:57.750 --> 00:54:09.400 Tom Busby: Okay, how to frame goal for whether you're a long term trader, a swing trader or a short term trader. and indicators that I follow for the after effect and the goal market. 262 00:54:09.430 --> 00:54:11.240 Tom Busby: you know when to trade silver. 263 00:54:11.250 --> 00:54:18.559 Tom Busby: And, by the way. Once it starts rolling. Silver's how you make the best return. It will take off. Okay, 264 00:54:19.330 --> 00:54:21.660 Tom Busby: overseas. How to the 265 00:54:21.840 --> 00:54:30.200 Tom Busby: impact all these events occurred around the world with gold and silver the many ways. There's a whole bunch of ways to invest in gold. 266 00:54:30.220 --> 00:54:39.999 Tom Busby: depend on what you want to do. You don't want to buy the bull, you know. I just tell you that right now. You if you if you believe like I do, you want to get, you know coins. I like coins. 267 00:54:40.160 --> 00:54:43.040 Tom Busby: A game plan that I put together is in here. 268 00:54:43.060 --> 00:54:48.330 Tom Busby: and, you know, show you how to take advantage of what I believe is. 269 00:54:49.060 --> 00:54:52.120 Tom Busby: I consider in the future. And then we got 270 00:54:52.150 --> 00:55:14.889 Tom Busby: a bonus report 3 times per week. Golden income trade. I'll show you how to trade medals with income techniques. Monday, Wednesday, and Friday, and I do it quite a bit. So you get 3 days a week, do income just from go and go related investments. So what's better, at 3 trades each week when they set up, I don't know. 271 00:55:15.570 --> 00:55:17.460 Tom Busby: All are good. They're really good. 272 00:55:17.750 --> 00:55:23.449 Tom Busby: yeah, 2 additional go by that this report for us to Pros members. 273 00:55:23.520 --> 00:55:24.700 Tom Busby: and 274 00:55:25.000 --> 00:55:35.949 Tom Busby: you'll get the goal report. You'll get the bonus report Jeff and I created, and the 8 session. Go, master classes, which really is the heart of the value. 275 00:55:36.310 --> 00:55:37.100 Tom Busby: Now 276 00:55:37.830 --> 00:55:49.759 Tom Busby: the game plan. You'll get the exact insight. So when to get in, I gave you the numbers when they get in, how to trade, go silver and other pressure bells and regular live sessions each Sunday evening, as I do my planning. 277 00:55:50.360 --> 00:55:53.490 Tom Busby: and they got it prized at 278 00:55:53.600 --> 00:56:08.260 Tom Busby: $49. Okay, $49. If you'd have bought gold when I started talking early today, you bought a thousand shares of a gld already paid for the book. Okay, I'm just saying it. 279 00:56:08.360 --> 00:56:09.650 Tom Busby: It's cheap 280 00:56:09.690 --> 00:56:17.720 Tom Busby: called 90441617760r go to Dti trader.com 1975. 281 00:56:18.980 --> 00:56:20.680 Tom Busby: Wow! 282 00:56:20.760 --> 00:56:21.800 Tom Busby: That's it. 283 00:56:22.390 --> 00:56:47.370 Celeste Lindman: That's a steel of a deal kidnap for $49. I just got to jump in real quick, Tom, and say well to everybody, because I've been around Jeff and Tom for a very long time, and I'm telling you what, whenever they have things to say, I want to pay attention and listen. And they have, you know, the writing. The information that you're going to get that you can read and go through is going to. It has for me. It has just paid over and over and over to get this knowledge. And when Tom was talking about hey? Trading gold? That's that's 284 00:56:47.370 --> 00:57:11.830 Celeste Lindman: true. I know, you know, from being around these guys for about 15 years. They're not always talking about cold, but when they talk about gold and silver. I'm listening. And I'm d. I guarantee I'm getting this information. Gonna go through all of it. It's gonna be fantastic for $49. That's like nothing. Adam has dropped the link right there in the chat. You can go right there. You can pick up the phone. You can call. You can go to the link. But that's great, Tom, this is amazing stuff you guys have put together. 285 00:57:12.130 --> 00:57:15.679 Tom Busby: Well, the interesting thing about it, Celes. And I think it's 286 00:57:15.950 --> 00:57:22.090 Tom Busby: I think it's pretty pretty interesting. You're still showing your screen there. By the way. 287 00:57:22.140 --> 00:57:26.059 Tom Busby: anyway, let me do this real quick. Let me get that back up 288 00:57:26.610 --> 00:57:53.619 Celeste Lindman: Well, yeah. So cool. Because Jeff and Tom, they they work. They work so close together. It's like, it's like getting 2 incredible minds for one. I mean just masterminds. And they're like they they like. They're different enough yet they're alike enough that it's that it's incredible. I mean, you talk about synergy. Whoa, I mean, it's out the door synergy. So that's amazing stuff. Love that new indicator to Tom. 289 00:57:53.990 --> 00:57:59.940 Tom Busby: Yeah, it's pretty. It's pretty neat. How that came about, and it really is so good, I mean. 290 00:57:59.990 --> 00:58:08.970 Tom Busby: But you know, if you look at if you look at the if you if you think about it, even if you don't agree with what I said or anything that Jeff and I said. 291 00:58:09.070 --> 00:58:17.760 Tom Busby: you are to get this report and just see where we're wrong, and take the opposite side of it's like, well, he said this, look at this. 292 00:58:17.780 --> 00:58:20.920 Tom Busby: So you go through that. That alone 293 00:58:20.940 --> 00:58:28.210 Tom Busby: will help you. whether I'm right or whether I'm wrong. But at least you'll be prepared 294 00:58:28.220 --> 00:58:33.599 Tom Busby: whichever way the sucker goes. Okay. And I think I find a lot of times 295 00:58:33.790 --> 00:58:37.410 Tom Busby: I hear and listen to people. You said something very keys. Less 296 00:58:37.490 --> 00:58:53.760 Tom Busby: listening is a key skill that a lot of traders don't have, you know, and they don't listen to subtle things. I remember when I used to make a headlines to the floor and I would call. I could tell by the voice of the guy that, answered the phone. 297 00:58:53.770 --> 00:58:55.270 Tom Busby: Whether or not 298 00:58:55.300 --> 00:59:04.749 Tom Busby: the buy I was thinking about or to sell I was thinking about was a good trade, just by his voice, because you learn these patterns, and so you will learn a lot. 299 00:59:05.210 --> 00:59:07.980 Tom Busby: Take it. listen to it. 300 00:59:08.810 --> 00:59:27.860 Tom Busby: learn about it, and then it will refresh you, even if you already know a lot about go because I it refreshed me, having to do it. So that's that's why I I stay into what's happening in the market. So Jeff, Jeff recap for us again all the things that are included what everybody is going to get in this package. 301 00:59:30.020 --> 00:59:32.089 Geof Smith: we'll scroll back up a little bit. 302 00:59:32.940 --> 00:59:43.689 Geof Smith: The the the big thing is is, I mean, lot of people look at no 303 00:59:43.890 --> 00:59:50.570 Geof Smith: silver and gold is just this shiny metal, and you know, it's an inflation hedge. That's what they've been taught all their life. 304 00:59:50.580 --> 00:59:52.250 Geof Smith: Okay? And really. 305 00:59:52.380 --> 01:00:01.919 Geof Smith: you think about no gold and silver. Unlike Bitcoin, I'm just going to throw that out there. It is a tangible asset, and 306 01:00:01.920 --> 01:00:30.300 Geof Smith: the thing is, I mean you. The one of the easiest things to do is just know, get, you know, certain dollar amounts of just junk silver, in my opinion. which is just no quarters, and dimes and and Nichols and stuff like that that were actually circulated. They stopped making those prior to 1,965. I think 1,964 is last year. you can get these bags of it, and you can use that actually as currency. and if you see Silver jumping right back up. 307 01:00:30.510 --> 01:00:55.799 Geof Smith: it's no it'll continue to move higher. not only that in coin you can actually gain value just based off the coin itself. I'm not saying, get no rare coins. Don't get me wrong here. But you look at like I mean, I've been buying American eagles. The the ones that are in the cases, and they did a plastic deal. You know the the mint condition ones I got no stacks of them. 308 01:00:55.960 --> 01:01:20.549 Geof Smith: I hadn't bought any, probably in the past 5 or 6 years. But no, I was just looking at No. 2,012 and 2,013, and I bought all those for between 12 and $25, and I'm the price of silver. Yes, gone up, you know, up to right now for 25 bucks, 23 bucks an ounce. But I can sell those things for around 55 60 bucks a piece. So I've made 100% on them. 309 01:01:20.610 --> 01:01:40.469 Geof Smith: just based off of just the value itself, just because of the coin. but that's the thing. You can make money off the coin. You can make money off of. No, just owning the actual metal itself. This class actually kind of shows you how to, you know, to trade it. and that's the biggest thing is traders. 310 01:01:40.670 --> 01:02:08.299 Geof Smith: as we're in the market to make money, I mean, don't sugar code it? I mean, yeah, that's why that's why you trade in the market. You trade in the market to make money, I mean, and there's a lot of different ways of no trading the markets, whether it's based off of futures or based off of, you know, options on future future, I mean just options themselves or no equities Ets, whatever it may be. Whatever floats your boat, there's a lot of different ways of making money in this market. You have to find your niche, but 311 01:02:08.300 --> 01:02:24.819 Geof Smith: what? No, Tom and I do. We don't care what we trade. It doesn't matter what the thing is. We we're gonna have a way of no finding the something that has the least amount of risk with the maximum, no return on it, and that's what we do. 312 01:02:24.820 --> 01:02:50.070 Geof Smith: And sometimes we go to the futures markets, because that's the best way of doing it. Sometimes we go to. No, the know the options markets, because that's the best way we do it. I mean, look at our 80 20 program. that is no the coolest thing since slice red since. you know, Tom and I have really discovered that thing. it's a it's a it's a short term trade, but it's an easy way to, you know, find market direction and make money off of it. 313 01:02:50.210 --> 01:03:16.930 Geof Smith: And this program is going to show you know how those metals work? Why, they work the way they do. I mean, really kind of how to trade them and and look at them on a different no perspective. you know, if you like to trade, this is really great. If you just like to invest. This is really great, too, and that's the one thing that we tried to do with it is to get anybody who wants who's interested. I mean, you hear these 314 01:03:16.930 --> 01:03:33.110 Geof Smith: things on the radio or TV, you know, we'll send you this free brochure on precious metals you've ever gotten one of those or a piece of trash. I mean, they're they're great for starting fires, but that's about the the extent of them. they don't teach or show you anything. This does. 315 01:03:33.210 --> 01:03:58.060 Celeste Lindman: I gotta tell you what I love about this, too, is because you said it's like you said, you know, I mean, we trade to make money. That's why we're here. I love how you're going to show people how to use this process 3 times a week, and actually even saw that there was going to be 5 opportunities as well. But 3 times a week to consistently make income using this goal. That's just kind of getting started. I'm so glad you guys have put this together and and pulled it together. But I tell you what 316 01:03:58.060 --> 01:04:12.249 Celeste Lindman: we do have to head over to ask the pros premium. And, Jeff, I know you're going to join me there. We a couple of minutes late. Tom, do you have just a last couple of words that you want to say, yeah, yeah, just here we'll sell the deal. I'm gonna trade live this afternoon at 3 30. 317 01:04:12.520 --> 01:04:24.219 Tom Busby: Get the free port. We'll give you a special invitation of the bonus for getting it today, and you' to get seeing a real market. What I'm talking about because I am going to trade live today on a flash meeting at 3 30, so 318 01:04:24.280 --> 01:04:52.580 Celeste Lindman: can't do any more than that. That's anything. Join me. Get there, guys, get there! Everybody just don't get there. Go get that, because I mean what else you're going to do. It's a long weekend. You're going to be able to get the material study at everything, and Tom's doing a special session. You want to be there. It's the last full Friday of the month. It's before the holiday. It's going to be about gold. Just get there. It's going to be worth it to be there. I know I'm going to join him. So, hey, we're going to be there for as the pros premium, Jeff and I are heading over there right 319 01:04:52.580 --> 01:05:04.479 Guy Cohen: right now. Thank you. Everyone for joining us. You all can stay here for a little second here. But Jeff and I. We're heading to the other room. Guy, thank you for joining us. 320 01:05:04.570 --> 01:05:05.900 Celeste Lindman: Thanks, everyone.