Naysayers: “You Can’t Time The Markets!” Scott Welsh: “Watch me.” — March 24, 2023

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It's right there. I drink it

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Celeste Lindman: so well we're excited to get started. We've got a Rogers going to join us, and i'm not sure if he is here in the room with us yet, Uncle Roger. He's got a lot going on, but we're gonna go ahead and get started because it is 120'clock. We'll. We'll get him in here in this room, because yeah, there is there's a lot going on in the markets. How about you guys. Were you all watching the fed announcement type in what you were doing during that kind of 2 Pm. To 30 h there on Wednesday? I was actually, I was watching the market.

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You know the the S. And P. Futures, and just like you were saying Scott, I mean at first, you know, like I could tell they were really they were liking what happened. And then slowly, they were like.

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Celeste Lindman: I'm not liking. But it was all the interesting thing that I noticed Scott was that they started once. He started getting all the questions about banking, you know the and the and the failures and everything. Nobody was asking him. I noticed, Anyway, nobody was asking him about interest rates or inflation. They were asking them all these questions about bank failures, and what did you know, and all that kind of thing. What what were you? What was your experience?

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Scott Welsh: Well, the reason we're getting together is inflation right? I mean, the whole point of this is to get rid of inflation right? The inflation is the number one threat to the United States into the world, into the solar system.

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Scott Welsh: That's why we're here. And yet you're right. They were only talking about banks, I mean. It feels like 2,008 was a long time ago, but it was like 2,008 was yesterday the way they everyone was afraid. Well, is it going to spread? And is this going to spread and silicon here, and and and swab, and you know I I thought that was fascinating, because yes, that absolutely matters.

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Scott Welsh: But we're here for the interest rates, and unless the banking system goes under the interest rates are gonna really drive the market, probably. So yeah, it was interesting.

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Celeste Lindman: Yeah, it it was just crazy. So. Well, hey, Uncle Roger? Well, you're here.

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Roger Scott: Thank you. Sorry I was a few minutes late. Technical difficulties.

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Celeste Lindman: Yeah. Well, no problem at all. Well, yeah, and so we were just talking, You know about that, you know, monumental fed day meeting there on Wednesday, how things were going on. And yeah, some people were typing into, because not only was was the fed chair Powell talking and and then talking all about Banks and then and the but then Janet Yellen was also speaking in front of a Senate committee, and contradicting her own words and contradicting Powell's words, you know. Just boom, boom, boom, bo! And so i'm like

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Celeste Lindman: I don't know if they're drinking Kool-aid, or if they're drinking wine, I just don't know what they're doing. But I, the American people like are not, are not really.

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Roger Scott: And and and i'll tell you i'll. I'll tell you something that it's just it's they need. They need to get their stuff together. They really do they need to be on the same page. Hey, Scott, how are you? I just know there good to see you there. But but there's there's a lot of trust issues. There's a lot of

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Roger Scott: there's I don't want to say. There's a lot of Hanky Panky going on, but there's just a lot of there the way they're trying to play this. It would be just great if they were totally straight up, straight up and honest, and had all the same

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Roger Scott: rhetoric. It would be much, much easier if that had been the case. They're just They're kind of they need to get. They need to get somebody who's actually a leader, and I just don't think I don't think Powell is a great leader, and I don't think he's doing anyone any favors, and he's also extremely inconsistent. So it's very hard for American people to to.

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Roger Scott: It's really hard for Americans to to trust them. In my opinion

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Celeste Lindman: it it it's just it's not the way it used to be in the old days. In the old days. It was Greenspan in this briefcase, and nobody said a word. Nobody. It was just him. He didn't need to have

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Roger Scott: Janet. Yeah, I mean it. It's like you. You. We don't need all this. We just need the facts, the transparency and the data people can figure it out themselves. But I honestly don't think there's there's a there's one cook in the kitchen right now, and I think that's one of the biggest problems we're having the inconsistencies.

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Celeste Lindman: Yeah, yeah, absolutely. So you know, I was trying to bring up a picture of the ex, the the financial. But I had the wrong one up there. But yeah, you could just see the mistrust. And then how that is all playing out. Well, what do you guys think you know, Scott, Roger, what do you think? How how do you think traders should be positioned right now in this market here on this date.

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Celeste Lindman: Friday, second, last Friday of the month. going into, you know, April summer. What do you think?

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Celeste Lindman: Well, I mean, there's a a number of things that we can do. There's all we we always have options. But you know, Roger said it exactly right. We have. We have no leadership, and if someone's inconsistent. You can't react on that. Any sporting event. If the umpire is inconsistent, you can't play the game right? And and he's 100% right

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Scott Welsh: which leaves us in a state of what do we do now? Well, we have options. Number One is

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Scott Welsh: just. Take all this nonsense, and just step aside.

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Scott Welsh: and we could just not trade so many Trader Bios trader stories that said, You know the reason I made it here today is because I didn't trade in ex time, you know. Personally, I was taking a deep dive down the fourx rabbit hole in 2,008, so I wasn't trading stock, so standing aside was great for me.

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Scott Welsh: You can just, and there are a lot of traders that are out there saying, You know i'm just not trading this week. It's just too much garbage. It's just too much and consistency. The problem with that, however, is

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Scott Welsh: people stand aside, and then what? What? What's next like? How do I get back in? You know everyone who believes in index funds and believe in dollar cost averaging. They'll tell you You can stand aside because you'll miss the big run. You missed a big run. Absolutely. Stand aside, but that comes with a caveat. You kind of have to be ready to get back in.

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Scott Welsh: You can do that. But you better be ready to get back in if you're

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Roger Scott: we're going to come back, and we're going to unpack that one here just a little bit, because that's going to bring up a really really good point. So come back to that, Roger. I want to hear. What are your thoughts. What do you think? Trade? How traders should be positioned right now? I I think I think right now a lot of people are making big mistakes by by by

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Roger Scott: being on the wayside. I think the I think right now is the one of the best, most opportune times to strike. You gotta remember. Historically speaking.

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Roger Scott: the world is not falling apart. There's nothing happening right now. And later in this, in in this broadcast, when I get down to the nitty gritty, and and and and unpack all this stuff, and I have a lot to impact today. I'll show you exactly what W. What I like. What I don't like, and i'll most importantly. I'll show you why, so you could see it from the same perspective. But

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Roger Scott: I think I think market turns like this offer traders and investors the most amazing opportunities, because when markets get out of whack like this, there's a lot of stuff that's not that's fragmented. And when markets are fragmented

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Roger Scott: and not efficient, that's the best time to take advantage of and get an edge in the market. So i'm actually taking advantage of this a. A. A. As much as I can right now.

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Roger Scott: And as a matter of fact, i'm going to show you guys, how to take advantage of it if you want to, as well later in the broadcast. But yeah, there's this is not a time to shy away. It's a time to be careful. It's a time not to load up. It's a time to be smart, but it's not a time to run away.

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Celeste Lindman: Yeah, this is when this is when people make their money. This is not a time to run away, in my opinion.

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Celeste Lindman: Yeah. So I think you you all are touching on some really key points because it's like, you know you're you're ready for the attack.

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Celeste Lindman: maybe, but you're not like all a 100% in you know. You're very careful with your capital and measuring it, you know very carefully. And you're picking. If you're going long, you're picking strong sectors strong stocks. If you're going short, you're picking the weak ones.

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Celeste Lindman: But let's talk about this and, Scott, you were kind of touching on this, because how do you get? Because if if a trader does, because I I firmly, I you know, love what what Jesse Livermore said, you know

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Celeste Lindman: over a 100 years ago right that I made more money sitting on my hands and waiting than any other time in the market. And there's that that element of Well, you're you're waiting, but you may just be waiting for an hour you may be waiting for a day. You might be waiting longer, depending on the timeframe of your trade right. If you're an investor, maybe you. You're waiting a little bit longer, but so there's wisdom to that.

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Celeste Lindman: But then I also love this. I've got this quote by J. P. Morgan, you know, like and love him, hate him whatever. But I love what he said, he said. I made a fortune selling too soon, and I like that part of, you know, getting in and out of the market quick, especially right now. But how do you get the confidence

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Celeste Lindman: to get? How do our traders get the confidence to get into a market like this. If there's you know, if they've been with solved, maybe lost some money. Things didn't go exactly the way they planned.

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Celeste Lindman: How do they get the confidence to be able to jump in? What do you think, Roger?

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Roger Scott: I think it's about things lining up right now? I really really think it's about everything lining up. I think it's about. I thank you. I I think it's about. I think it's about

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Roger Scott: seeing different things that are unrelated or somewhat related, creating a picture that that that

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Roger Scott: it gives you a sense of confidence about each piece of the puzzle. And I think once you have enough of those pieces, you can kind of see where it's going, based on that. But looking at data being objective, trading from both sides of the market.

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Roger Scott: not taking huge positions, not being married to positions not averaging down being nimble, being quick, being effective right now. That's how you need to look at this market. This is, Remember anytime the market offers you excess volatility.

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Roger Scott: That means things are out of whack when things are out of whack. That's the time to strike. That's where the inefficiencies occur. But the best way is not to use one thing or 2 things or 3 to use 5 6 7 8 different things that are all pointing to the same thing.

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Roger Scott: You know where where it's kind of like I. How can I not make this decision? Instead of should I make this decision? That's how you have to trade right now, and I think that's

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Roger Scott: I think, in our programs, and especially in the vip room. We just got finished from there. We show people exactly how to gain that confidence, and i'll i'll do a segment on the show in a few minutes when I start, and i'll show you exactly what we've been doing and how it's been working out, and the best thing to do right now is to

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Roger Scott: get a sense of objectivity. Don't get into that rabbit hole right now, where I think it's going to do something. Therefore it's going to do something, and it must do it; and if it doesn't, then the it that's not don't have that mentality right now, don't try to force your opinion on the market come in as someone who

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Roger Scott: was very interested in knowing and knowing where to look. The hardest problem for people.

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Roger Scott: The hardest problem I've seen is they don't have a trusted source of information.

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Roger Scott: They look, and and what happens is, it gets even worse every time they fall into a rabbit hole where they get into a bad trade, and then it then it then, whatever part was working doesn't work for them because they don't trust it anymore. So it's it's. It feeds on itself, the good and the bad, and the faster people can get out of that

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Roger Scott: that kind of that twilight zone and get back into looking at objective data. I think the the the faster they'll catch on the less emotions they'll waste in in in, in invested in trades.

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Roger Scott: You know, when I look at trades to me a trade, it's like

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Roger Scott: It's like I'll give you a good example, and it's really weird. When people when I tell this to people. They look at me like i'm crazy. But

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Roger Scott: when I was a kid my grandmother used to have a a a condo like on the tenth story.

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Roger Scott: and we used to play games. So it was on a major street, and we used to mean, my friends. We'd look out the balcony. We were scared because it was long way down, and we would, we would try to guess which kind of car would pass by us. Next.

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Roger Scott: we play a game like that, and we were like we were 8 years old. I mean, we were kids. but you know, trying to predict it's it's trying to predict what's going to happen next is sometimes like trying to predict what what what kind of car, what kind of color car is gonna come by you next. It doesn't always work that way. So the more you can line yourself up with tools that have worked in the past

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Roger Scott: the better you will have a gauge of what will happen in the future. So I think, taking that approach, and not getting personally vested into each car that passes by, and treating.

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Roger Scott: treating each individual position randomly, but treating the whole thing not randomly, is the way to do it, and it takes some time for people to get into that

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Roger Scott: frame of mind. It takes a while for people to start thinking that way, but once they do, it makes trading a lot less emotional, a lot more interesting. People don't take things personally. They don't get married to any positions. They don't think they suck because they had one bad loser. It just doesn't it just life. Just doesn't work that way, and either the do the markets you have to.

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Roger Scott: You have to have the tools you have to trust those tools, and then you have to execute in a very smart way because of those tools any other way, in my opinion, just won't work long term.

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Yeah.

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Celeste Lindman: it's very much like right now. It's very much like a flying at, you know. A a war airplane can't think of the right word, but in a in a storm in the middle of you know, combat everything it's. You have to know your stuff. You have to be able to know how to navigate these. It's not a bright, sunny day. It's not so. It's not easy out there. It's got to have the right tools that have that trust level exactly, just just just just to to further your point. You know, when you were talking about that, I remember John Kennedy, Jr.

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Roger Scott: You know he didn't trust he. He! He! He didn't trust his tools. He didn't he thought he knew better than his tools, and I mean it's maybe not such a great example. He passed the way. It's sad, but but but I mean it's a reality of life. You have to follow your tools. If you don't, trust your tools, you then you have nothing

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Celeste Lindman: true. Yeah, and just just clarify that. For if those of you maybe don't remember. But I remember that very much. So he was. It was a a storm, and he was flying an airplane. Had his new wife, I believe, and hit her, and he he did not trust his tools. He's got the tools, and that's what you have to do in an airplane. That's what you have to do with whether you're soft. We're using software algorithms. This kind of things you have to trust it and and go with it because he didn't. And he went. He thought it was going straight, and he actually went straight down into the

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Celeste Lindman: or somewhere there. But I want to jump over to you at Scott and ask you, what do you do to get confidence in a market like this, because you're you're all about, you know, jumping in on these opportunities. You're watching. I know you're like.

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Celeste Lindman: you know you're going to talk to us about that. I can't wait to hear. How do you get confidence?

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Scott Welsh: Well, first of all, waiting is an option, but it's the worst option. Me 100% right. You can wait. But you're probably gonna miss. I mean You're not losing money, so I guess that's better than going belly up. But it's it's not the best option.

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Scott Welsh: The what we need to do is

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Scott Welsh: follow these tools and their Ro Rogers got some tools. I've got some super long term tools. But I think Mark Minneapolis talked about it in 2,021, when he won the us trading contest over. I think you had over 200%,

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Scott Welsh: and he's absolutely willing to take these trades, even though that was a very mixed market, even though it seemed bullish. But he took the trade and stopped out. He took the trade and stopped out. Small size, he said. He said it very blatantly. Small size. Stop out because

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Scott Welsh: one of these is gonna go like or 2 or 10, and if you are sitting there well, maybe I shouldn't, or if you're doing hunches don't do a hunch. Don't do a guess. Don't try to guess the fed don't try to see a a hot and clickbait.

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Scott Welsh: If you have a system.

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Scott Welsh: maybe a little smaller size. But you have to go. You have to take these trades and understand that it might not turn tomorrow. But guess what these other tools that are going to create winning strategy, and I've got to keep taking them. So I think that's a huge lesson to learn right. Now do not shy away from your setups. Please take them all.

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Roger Scott: Let me let me just add one more. One more thing, if I may. As you know, I was partners with one of the original turtle traders, and last night I went out to dinner with Chuck Hughes, and we were talking about it. He knew one of he knew Russell Sands and I was partners with Curtis Curtis faith.

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Roger Scott: and we were talking about it, and it was if we actually this topic came up.

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Roger Scott: and a lot of people. Don't know this because you know what it. The whole experiment was like 2 weeks, and then 4 weeks, and then it was quick, and it was all kind of. There was confidential confidentiality agreements, but

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Roger Scott: basically, the system was. let me explain to you, and in this it it goes along with what Scott was saying and what i'm saying right now, and i'll explain to you why Richard would fire people from the from the class. There was a very specific reason. It was one reason that you would fire people from the class.

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Roger Scott: The whole principle of the system was, we don't know what's going to happen in the world.

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Roger Scott: There's 20 commodities we're going to equalize them to equal position, size, and we're going to go through them on 50 day breakouts. We don't know which one's going to hit. We don't care how many losers we're going to have, but we're going to take every trade because one of them.

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Roger Scott: one of them is gonna be a rock star this year because something's gonna happen in the world. There's gonna be a distortion, and we're gonna pyramid the hell out of it.

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Roger Scott: The people got fired are people who didn't take the trades, not the people who lost the most money.

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Roger Scott: because he knew. As long as you kept taking those trades. Eventually, sooner or later one of them would pan out, so the way he would check people would be by who's taking the trades. Not how much money they made, not how much money they lost by who's taking? Who's following the rules? Just like what Scott just said. You gotta follow the rules. If you don't follow the rules, you're not playing the game, and if you're not playing the game, you're already you've lost already.

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Celeste Lindman: Oh, yeah. Oh, yeah, yeah, yeah, Well said, Well, let's let's turn this around a little bit, too, and let's talk about.

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Celeste Lindman: you know, when the tides turn and change. So cause at some point this market turns around. Maybe it already has. I don't know as of now, the S. And P. And obviously the Nasdaq. They've not gone back to their March lows, even though we've had bank failures, even though we've had a fed, you know, not knowing what they're saying.

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Celeste Lindman: and neither one of those markets have really looked at their October low. It seems to be like, you know, thing in the past. Don't know if that's going to hold up or not. You. We know we've talked a lot of times on this show and other shows about the contrast between sectors and areas of the country, you know there's there's jobs that can't be filled, because there's a lack of skilled labor, high skilled labor. They can't fill these jobs and they need them desperately, because these businesses are having a very difficult time, you know, meeting

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Celeste Lindman: demand for the the things that we need, that we need like health care and want. Okay. And so we have all these things that are going on. So what what? What can we do in this market? What makes you like, you know, cautious

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Celeste Lindman: about markets at this level with the bankruptcy or the bank failures and everything. And what makes you optimistic about this market or economy? So, Scott, why don't you fill our ears first?

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Scott Welsh: Why optimistic? Because I mean, and I think believe Roger touched on it, too. Fortunes are made when bad things are happening like this that this is not me, Warren Buffett will tell you, Jessie Liver I mean Jessica. How did Jesse live in or make a bunch of it was during the great depression Crash! Right? So

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Scott Welsh: this is the time

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Scott Welsh: that we all need to be very, very excited. All right. We need to have our rules. We need to have our systems, and we need to be very, very excited, and I i'm just as excited as everybody else, especially about the stock market, which is crazy because it's so twitchy, and it's so up and down, and there's so much bad news.

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Scott Welsh: However, it is going to end this to shall pass. There are many tools that can have us ready to go when it's time. I'll show you some long term. Rogers got something, you know, far more detailed.

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Scott Welsh: But you should be very optimistic to know it's coming. It's definitely coming. There's no doubt it's coming.

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Scott Welsh: All we have to do is not fall asleep at the wheel. Right? The people that get caught. They They fall asleep in the getaway car. The robberies save, but they falsely. We cannot fall asleep at the charts definitely. There are setups coming. I'll show you some.

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Scott Welsh: Put an alarm on it.

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Scott Welsh: Just be ready when it's time to go. We just cannot miss it. So the optimism is there in 2020 at the end, in 2,021. There were great opportunities everything had gone up so much.

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Scott Welsh: We have our opportunity now. It's coming soon. So I i'm ecstatic. It hasn't hit the lows like you said. But just as a philosophy i'm ecstatic about what's coming soon, Hopefully, soon we're going to talk about that. So hold on. Yeah. So what do you think, Roger? What do you? What makes you optimistic. What makes you cautious

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Roger Scott: right now? I what makes me really optimistic is the fact that the market is the small caps are not responding anymore, like they used to beginning of this, that they're actually holding up the fact that the the most the most important thing that's really encouraging is the fact that. And let me just take my monitor computer and I'll.

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Roger Scott: I want to show you this. I'm going to show you this, and I think this will

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Roger Scott: i'm a bottom line kind of guy, and this is the one to this is basically the two-year treasury. Okay. Now, Paul Tudor Jones.

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Roger Scott: really an amazing trader

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Roger Scott: said to us that when the 2 year stops he said, this a year and a half ago, I I mean I could find it for you if you want. But, he said, when the way we'll know when the market is is done, going down

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Roger Scott: is when the 2 year stops reacting to Feds raising rates.

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Roger Scott: That's what he said that I'm quoting him. Okay.

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Roger Scott: do you guys, you guys see which way the 2 year went the last several days?

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Celeste Lindman: Yeah, you would think that they decrease the rate, but instead they increase the rate, and the bonds are all going up Well, that's the first time it happened, and since they they they they they they started this stuff this the first time that's happened, and and the same thing by the way th. This was the announcement, the day of announcement, we've gotten higher.

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Roger Scott: So so i'm only I mean Paul Tudor Jones is a better trader than I will ever be, and I I think, and and i'll tell you he's he's pretty smart. He's a self made billionaire. That's a quote from him. So that's pretty encouraging. Right there and also i'll tell you what else is encouraging, even if we didn't see this Already there were signs. This was happening because Tech has been leading.

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Roger Scott: and the only way tech is leading is when they don't believe what the fed has to say. So the market does not believe what the fed is saying. Right now. The market does not believe the fed is going to keep raising rates. The market believes that the fed is done, but here is the the fact, so a few things. The fact that the 2 year is is Isn't completely had the opposite reaction. That's one.

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Roger Scott: The fact that old Kathy, that Kathy Kathy Woods, i'll tell you.

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Roger Scott: never fails to disappoint.

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Roger Scott: She Hasn't gone down since. May

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Roger Scott: I mean this? She's been in the Channel since May pretty much, and the fact and the fact, and i'll when I go through momentum levels, I'll I'll get into that, too. But the markets are not reacting right now, like we're gonna go down further, remember, and and folks

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Roger Scott: pay attention. Listen. Watch carefully. You see this date she peaked out.

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Roger Scott: That was 2, 8, 21.

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Roger Scott: The Snp peaked out.

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Roger Scott: I I've said this many times on the show. Yes, some peaked out a yearly. 10 months later small caps start going down, for they they. They peak first, and they start going down first, and they go up first. Junk goes down first and junk goes up first, and

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Roger Scott: this is synonymous with junk.

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Roger Scott: yeah tech tech tech junk.

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Roger Scott: So so that that's what I mean. Look at this. She went from 1 60 to 37 she's done go. I mean she's she's done

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Roger Scott: so, and she just bought coinbase after the Scc file, as said they're filing a complaint against them. But I can go on. I could don't even get me started on her. This lady on Wednesday Sec. Files a complaint that gets coinbases on Thursday she be she buys, and she doesn't just buy she that's the second biggest position in her fun.

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Roger Scott: So so I mean, you can't make this up if you use this. Can't make this stuff up if you try, you know. So so I but but this is encouraging. This is encouraging

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Roger Scott: me to think that the that the bottom is in, and we're not gonna go down much more because of how other things are reacting. And again, notice, I didn't say one thing. I looked at several different things that are all pointing to the same direction. And when I get into my analysis after Scott is done, i'll i'll I'll show you some other things that are that are pretty interesting to see.

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Celeste Lindman: All right. Well, let's jump right in, because people are asking, you know, what are the opportunities? So Scott, when the Bull Market comes back. What could we look to trade? And how can we find these big winners before they they happen? Show us

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Scott Welsh: all right. I just shared my screen. Can you see that beautiful?

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Scott Welsh: First of all, I I always recommend evidence. I'll never believe anything that just is spouted off like, Have a reason, and there's one phrase that drives me absolutely crazy. I I bet it bothers Roger, too.

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Scott Welsh: and that is, people tell you you can't time the markets. You can't time the markets. You can't time to mark it's like. What are you talking about? Of course you can time the markets. What I mean, Warren Buffett.

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Scott Welsh: What does he say?

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Scott Welsh: By when there's blood in the streets? I mean isn't that timing I mean, of course, in in time the market, because I feel that that makes people so unempowered because I can't time the market. So therefore I can't do anything. Of course you can, and there are ways very, very detailed ways. If you like to work hard and you want to be in front of the screen. There are tons of weight. There's no one way to trade.

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Scott Welsh: But there's another way to trade that super long term.

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Scott Welsh: and it goes back to our friend Stan Weinstein, who years ago in the eighties, showed us exactly how to time the markets, and there's a whole generation of traders who still live and die by this. It's a very simple chart you buy when it breaks out of stage one and stage 2, and all that means is.

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Scott Welsh: buy it when it's been going sideways, and then it starts going up. Oh, look! It's above a long-term moving average

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Scott Welsh: this part isn't great, and this part is a crash. But notice the picture. That's how you time the market, according to long term charts. Hmm. That's nice. That's a nice little picture. But what does that really mean?

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Scott Welsh: Here's a company called Amazon. I'm. Not sure what they do, but I've heard of them. This is back in dot coms free.com. and i'll just show you as not it went up. What is this kind of looks similar now. Granted.

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Scott Welsh: I don't like to follow orders. So this is an even longer term chart than stan. This is a monthly chart with only a 12 a month moving average Nothing revolutionary. I didn't make this up. But look, it's the same picture.

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Scott Welsh: It isn't that. That.

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Scott Welsh: And Amazon what happened after that. Well, if you time to the market, that was a 200% gain after all this right after the.com crash, that's what happened.

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Celeste Lindman: There's another company i'm not sure about is I think it's. I think we're having a hard time seeing those lines because of the black screen. It looks. They're really dark, so we're really not seeing this, can I don't know if you can even go to like.

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Celeste Lindman: I was actually sitting there debating on whether to do black or white. I thought why black would be easier to see. Let me do a. Maybe you could go scroll down to the bottom of that. I just all the way to the right bottom bottom right. You could put it on. You could put it on full screen mode, and they'll it'll blow them up

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Celeste Lindman: on your power. Yeah. Yeah. Yeah, right there. Did you see it? Is it doing anything? No scroll down there again, and then see when that bar comes up.

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Celeste Lindman: Yeah.

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Roger Scott: how about the bars to the left of it all the way to the left the screen? That helps that that helps

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Roger Scott: Yeah, do that.

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Scott Welsh: Okay, there we go. That's too big. Alright.

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Scott Welsh: There's Amazon, right?

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Celeste Lindman: Yep.

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Scott Welsh: We can see that that little bell curve. How do you time the market. It breaks above moving average for 2 months in a row. That's it

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Scott Welsh: goes up there's a bell curve. Breaks about. That's 200%.

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Celeste Lindman: Yeah, we can see that we're making. Do you know, we are not artists? We are not graphic designers. You are traders. So we are making dude. This is great. Scott keep going.

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Scott Welsh: Yeah, it breaks up up. Oh, I guess we should have satisfied. No, you gotta be willing to take small losses, because what happened on the next setup.

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Scott Welsh: It went up 700 back in right. This is the.com crash. Well, you know, I don't want to use.com examples, but we're kind of in a crash bear market. Now, right now, let's get to current events. This is back in 2,020. We had some pandemic crash.

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Scott Welsh: and then wayfare went up a ton. But now look away, fair. Why did I pick wayfare? Because I remember watching it during the pandemic? No particular reason, but what to do next.

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Scott Welsh: Right? 2 closes above the moving average on a monthly chart. Who knows right? Another one peloton. I know it's ridiculous. No one wants to buy machines anymore. But doesn't this look familiar, and it's very close to with moving average 2 closes above.

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Scott Welsh: I mean, what could we see, and

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Scott Welsh: right there it is again.

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Scott Welsh: and if you don't want to trade an individual stock, take a look at Tqqq. Right. The Qqq. High-powered triple X right 3 to 3 X.

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Scott Welsh: It went down, and it's getting very close to buy. Like all those things said about Roger being optimistic. Look, it's bottoming, and it's gonna close above this moving average in the next. What month or 2, probably, or even just to clarify Scott, just to clarify. Are you on a weekly. Are you on a weekly monthly.

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Celeste Lindman: a monthly chart? And what moving average are you looking at? 1212 a 12 month

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Scott Welsh: moving average on a monthly chart. Okay.

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Scott Welsh: there we go. So you just take your favorite stock and just is it making this pattern isn't ready to break up 2 closes above, and I I'm. I'm. An algorithmic trader, too. So this is an hour ago. That's why you see these that a robot could have taken these trade without even a human.

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Scott Welsh: But you can see Tq. That's got all the tech, and it's got your threex leverage.

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Scott Welsh: I mean it's coming soon, right? It's coming to a theater near you, and so probably it's Qq.

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Scott Welsh: It's made our little top. It's getting ready. We've got one close above Qqq. Could be ready. You can do this for spy and anything else. So Yes, there's a lot of waiting on a monthly chart, but there are things coming very soon, and you could trade etf. So you don't even have to worry about finding a stock, but or find your favorite stock and take a look.

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Celeste Lindman: Well, the beautiful thing to just jump in on this. Got a little bit, because people well is this longer term analysis. Yeah, it is longer term. But look at the the swing up that you get. Those are long term that you can continue making long trades on apple long. You know all those months and months and months that you could be doing that. So

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Scott Welsh: right you take this, break out, and then you draw a line over the top. You take the next breakout. You draw the line over the top. Take the next break out. I mean, this is how they this is how traders do it. If you want to be active you could just hold this until it closes below. But there are trades all along. Yes, it's longer term, but Roger will show you some short term stuff.

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Scott Welsh: but you can also just sit there and get as much as 700 or more right if it goes. If we truly get a bull market.

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Celeste Lindman: Yeah, yeah, we'll keep going. We'll come back to that one great diagram you had here in just a second. But yeah, keep going. We'll. Everybody wants to see that original one that you had. But if you want to, you can keep going

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Roger Scott: the one the Weinstein, the one steam, one. It's a great book. I I remember it's one of my favorite books back in the day.

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Celeste Lindman: Yeah, and just to clarify. So that's the 30 week moving average. And so on a weekly chart using a 30 week moving average. But what Scott's been talking about is a 12 month

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Celeste Lindman: moving average, so it's just 12. You just put 12 in there, and if you're on a monthly chart it automatically makes it a monthly moving average.

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Scott Welsh: Yeah, weekly charts are wonderful. It's absolutely. I just like to do things. I I don't like to listen to directions, but I also wanted something. I'm fascinated by long term trading that it just keeps you out of the noise, but 100. This is the the pattern is exactly the same when you get to these long term charts like there's not a lot of thinking, and there's a lot of similarity.

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Scott Welsh: Same thing. It goes sideways. You take a break above the 30 week moving average trade to breakouts when it starts going sideways. When it gets below the 30. Beware.

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Scott Welsh: be patient. It'll follow it down just like we saw on the slides, and then you'll get another one, and it just happens, especially on an Etf. But it happens in stocks over and over and over again, and it's how it's an easy way to just time the market.

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Celeste Lindman: Yeah, that's excellent. Be paid. Yeah, be patient, All right, Keep going

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Scott Welsh: I that. That's all I've got. I mean, I could show you a bunch of other charts. But there's another one I want to show. Sorry it's an ipo some people have traded. Ipos for thousands of percent. It's gone up this monthly chart monthly chart. It's gone up. It's gone down. It's now hovering

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Scott Welsh: that is moving. Average Ptr is super secret government top secret defense cyber defense.

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Scott Welsh: Probably gonna be around for a while, right? We're probably gonna need that when this breaks above this could be, mon, it was already Monster said, it's Ipo. But this is one where it's just quietly settled down. Nobody's paying attention. P. Ltr. And a breakout or 2 closes above the moving average is another one that I that i'm definitely going to be watching.

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Scott Welsh: But again, just pick your favorite stock and see, is it below? Has it made it up and it isn't fall, and it probably has, because we've been in a better market.

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Scott Welsh: There's just so many of these, and these are off the top of my head. I didn't go searching for these. They're everywhere Excellent, that is fantastic is. Do you guys know the name of the book people were asking. I just typed in what you know what you had on that slide. But does anybody know the name of the book that that you just Google Stan Weinstein?

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Roger Scott: It's it's it's the only book he I think it's the only book he's got longer hair. It's like a blue paper, but big paper back. It's it's a good book. It's actually a really good book.

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Celeste Lindman: Yeah.

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Celeste Lindman: all right. Great? Well, that was excellent. Wasn't that worth it? I see. I love that. Thanks so much for sharing on that, Scott, because I love fine. You. Do you find them on that longer term timeframe? If you find it on a monthly, or you find out weekly how that trend can continue, and then it's

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Celeste Lindman: more. You just kind of keep taking the candy, you know, every time that the market hands it to you. You just take it, and you trade it over and over again. So it's beautiful. Thank you, Roger. Give us the rundown on how you're seeing the market. A little bit more details, any specific things, any trade ideas that you're looking at that sort of thing. I want to give you an example. I'm going to just show you an idea where where I talk about a few different things, and they all line up together. Okay. So just to give you a little taste of this, but I think you guys are gonna like it, and then i'll give you some specific trade ideas.

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Celeste Lindman: So

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Roger Scott: so the first thing is. The first thing I look at is I always look at my momentum levels.

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Roger Scott: and I want to see which stocks are over, bought or were sold, based on the 50 day moving average. And if you look right now, for example, i'll just use this as a as a hypothetical

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Roger Scott: look at utilities. Okay. right now. Utilities. Now let me change this view, so it's easier to see.

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Roger Scott: You could see that utilities look like they've bottomed out. and they're going back up. Now this is a chart of utilities going back to 2,015. So

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Roger Scott: to me to me, for example, if I was looking at this chart, and if I was a utility guy, I would say, hey.

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Roger Scott: utilities are looking pretty good right now. They look like they're bottomed out, and it looks like. It's time to start fishing for utilities.

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Roger Scott: But how do I know that this is accurate? Maybe maybe it's not right. Well.

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Roger Scott: i'd want to look at a few other things. So, for example. I would look at this. Let me explain this to you and show you this. This is really cool stuff. We just got done showing this to people in our vip room.

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Roger Scott: This is a seasonality chart, the cut that goes from the twentieth of March

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Roger Scott: till the sixth of April. and it covers every sector, and it shows you how each sector does during that time period. So let's say that I got a stock tip from Jim Kramer

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Celeste Lindman: and Jim Kramer told me to buy technology beginning of next week. Well, beginning of next week

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Roger Scott: Doesn't look all that great seasonally. This is going back 2030 years.

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Roger Scott: the exact same time period this week over 30, 2030 years as long as that Etf has been around.

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Roger Scott: so we could see that it may not be a good

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Roger Scott: but to buy technology. Well, interestingly, when we go to back to the chart and we go back to technology.

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Roger Scott: we see. we see the technology

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Roger Scott: on our momentum chart

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Roger Scott: is going down, and it looks like it's only halfway done, and it looks like it's got more to go.

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Roger Scott: or it could turn higher. But utilities, for example.

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Roger Scott: is telling us that they have, in fact.

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Roger Scott: bottomed out. Okay. Now. when I go back to my visual graph. We could see technology didn't do so well next week. But look at utilities

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Roger Scott: from March the 20 s all the way to April the Fifth. Look at how this there's No, it's not choppy. It's very, very blue.

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Roger Scott: which means the more with you can get the more stability you have in the graph. So my momentum study and my seasonality study are telling me exactly the same thing.

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Roger Scott: That means I would probably look at utilities next week, or maybe. Look at consumer staples next week, or maybe look at energy next week.

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Roger Scott: Speaking of energy, let me show you something interesting about energy. So if we look at our momentum study, and we look at energy.

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Roger Scott: We will see that energy right now has the lowest momentum level it's ever had in history. and utilities and energies kind of go together. Look at where energies are right now.

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Roger Scott: so energies are in the crap or utilities are in the crapper. and according to our seasonality chart utilities have a great month. and

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Roger Scott: and and from the 26 or 27, which is a Monday

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Roger Scott: all the way to till the end of the month till April, beginning of April. Now, energy looks like it has a nice run.

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Roger Scott: So, by looking at 2 things that are unrelated, I was able to find something really really cool

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Roger Scott: now above and beyond that. Then I would go to my. I made a little spreadsheet just for you guys, and this is something you definitely want to take a screenshot of, because I'm I'm. Giving you a lot of value.

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Roger Scott: So then I ran my system, which enters at the close today. and exits when it takes out the the yesterday's high. And look at the excel energy profit factor, the number of trades and the win rate we've had in the last 17 years.

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Roger Scott: So we looked at momentum. Momentum on energies is really really low.

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Roger Scott: We looked at the seasonality on on energy on the broad view, and it's really really good. And then we have a trade that's coming up that we're supposed to enter at the open today, and the last 17 times. This trade was taken in the last 17 years.

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Roger Scott: this Friday, with exit somewhere middle of next week. It had an 88% win rate.

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Roger Scott: Now I looked at seasonality. I looked at momentum studies, and I looked at a system that's based on seasonality, and they're all telling me the same thing on energy

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Roger Scott: energies may be a good thing to look at as a result of that. And if you were to take this trade, this trade historically gave us an 88% win rate with a out of 17 trades with a $28 95 cent profit factor for bet. That's for every dollar you risk.

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Roger Scott: So would I be interested in taking that trait.

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Roger Scott: probably. But you see how 3 things lined up completely for me. They totally lined up another trade.

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Roger Scott: Here's China effect side. That's China. Out of the last 13 trades we had a 92.31% win rate. That's getting in on the close today.

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Roger Scott: but what looks bad for next week? Well, let's take a look. If we can make a rhyme or reason.

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Roger Scott: So we look at wheat. We look at corn, and we look at soybeans, and then we look at the Dba, which is the Agricultural commodity sector.

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Roger Scott: Now I don't want to look at them separately. I want to look at them together. Why? Because commodities, wheat, soybeans, and corn have a correlation of about 85, so they all do the same thing interestingly.

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Roger Scott: In the last 7 years. We went down as of this Friday into next week. A 100% of the time

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Roger Scott: Corn went down 87% of the time in the last 8 years. Soybeans went down 85 in the last 7 years and the agricultural sector

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Roger Scott: went down out of the last 11 years 81% of the time I just got 4 confirmations screaming the same thing that are totally unrelated to each other.

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Roger Scott: And then

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Roger Scott: we got a little trade here on Tsn, which is a chicken distributor. Also commodity based with a 91% win rate out of the last 23 years, with a profit factor of 5. That's a short.

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Roger Scott: So i'm getting a confirmation. The commodities look like they're going to go down next week. Am I done? No.

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Roger Scott: look at copper and look at gold miners Out of the last 9 years gold went down next week 88% of the time

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Roger Scott: hopper 85% of the time the last 7 years notice. I'm not looking this to see which one I want to trade. I'm looking at this to get a picture and a confirmation that what I am saying and what i'm looking at is actually kosher. Because if i'm gonna if it's like.

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Roger Scott: if I have utilities moving higher, and I see that kind of an alert on 5 different utility companies. I'm probably going to go along one of them.

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Roger Scott: So my point is, you don't just have to look at one thing

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Roger Scott: you have to. You have to look at several things and see how they line up to see whether you want to go, and the more different things you look at that point to the same thing. The higher the odds are that those things are going to happen. So if my charts are telling me Yes, if my momentum studies telling me yes.

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Roger Scott: if long term seasonality is telling me Yes, and if a short term seasonality system is saying. Yes, I'll probably end up taking that trade.

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Roger Scott: So you you want to look at everything. So in case you guys want a freebie.

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Celeste Lindman: I put 123-45-6789 for you. Today I like this. I like Tsn. Actually, I like I like the Dba and Tsn.

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Roger Scott: 91%

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Roger Scott: win rate out of the last 23 years selling Tyson foods at the close today and getting out next week when it breaks

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Roger Scott: below with a 91% win rate in the last 23 years.

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Roger Scott: Pretty good, right? I like those on. Now. Are you gonna go against those odds. Would you go against those odds? I wouldn't go against those odds. I would I would never go against those odds, and especially when all the other commodities are pointing to that same direction, right

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Roger Scott: and excel, as I said seasonally. It's pointing higher and excel is pointing higher. So to me that looks very very bullish, but the bottom line is. I wanted to give you guys some. Some trades the long ones you get out when it takes out the the yesterday's high, and the short ones you get out when it takes

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Roger Scott: takes out yesterday's low. That would be your exit signal, and these trades are supposed to be put on at the end of the day today. So if you take a screenshot, you still have almost 4 out 3 h and 17 min to prepare which option you want to buy, which option you want to sell, and how you want to do this? But

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Celeste Lindman: I like these numbers. I wouldn't go against any of them. I love it now, before we conclude, I got a little special guest that I want to introduce here. Come over here. That's right, because there's somebody else you wouldn't want to go against, and no, no, you don't want to go about doing some trades here at the end of the day and making some juicy profits. And

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Celeste Lindman: he's just this. What? 10 time? 12 time, trophy, winner, Trader. Hey, chuck! How are you doing

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Celeste Lindman: one to be able to get check on his. His schedule is so busy. But you all know, you know, every once in a while we get the incredible pleasure of having chuck on our pro. Ask the pro session here on Friday. So thank you, chuck so much for taking the time. I know you're super busy, but I have been hearing so many good things about this trade service that you're doing here, you know, and you've got like You've got gobs of experience, and you Probably if you heard us talking in the background, you're probably chuckling a little bit because you're like. Oh, are they still talking about those kind of things because you've experienced

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Celeste Lindman: so much of it. So we are privileged to have you here. But tell us, you know I've been hearing about these trays. I want to know a little bit more, Roger. I know you. Some know some more. So fill us in on the latest things that you're doing and looking at what what's, what's going on?

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Roger Scott: Well, we have. First of all, it's great to be here today. Folks we have 2 short-term indicators that we use to select our short term trades.

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Roger Scott: and we use an oscillator

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Roger Scott: and the Wh. When a stock is declining in price. But the rate of that decline slows down, and it's it's getting ready to bottom out.

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Roger Scott: We we jump in. So that's a short term trade.

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Roger Scott: and the the best part, in my opinion about this is that you don't have to buy long term options. That's one of the things that people right now. Don't want to do. They don't want to be in and out. They don't want to be invested for the long term. So one of the greatest things about the system is, and I hope somebody can post a link for us here.

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Celeste Lindman: Go ahead, Keep going.

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Roger Scott: Yeah. And so one of the cool things. So one of the cool things about the system is it allows you to be out with exactly 24 h later.

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Roger Scott: Exact 24 h later. And what's great about is you don't need to buy options that are expiring in 3 months. If you're going to be out 24 h later, you can. You can buy options that are expiring in 5, 6 days, so it gives you an edge in terms of leverage, because, you remember, if a stock is going to move a dollar.

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Roger Scott: but you bought an option for $1. You may double your money, but if you bought an option for $10, and the stock moves up a dollar, you're only going to make 10, so it gives you that natural leverage

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Roger Scott: which is so amazing. And Chuck and I, we're going to do this. So we're going to do a class today at 1 30 for anybody who has not seen it. This may be one of the last times, and I gotta say this has been the hottest service in wealth press in 2,023. We're the sales are going crazy.

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Roger Scott: It's it's a it's. The first trade was a winner on Mtv. Bank.

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Celeste Lindman: And we're looking forward. Probably gonna have another trade later today. I'm: already.

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Roger Scott: Yes, we did

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Roger Scott: see what we say. You You gotta take advantage when it when it's hot. Yeah, I did not want to trade a bank this week, but the the signal said Trade Mtv. Bank. So you know we took it.

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Celeste Lindman: Wait a minute. Wait a minute. I did. I just hear you say what we were talking about early. Did I just hear you say you followed your rules, and you weren't paying attention to noise. Is that what you did?

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Roger Scott: That's all you don't let all those shiny lights get you. They just follow your plan. Follow what you're gonna do, you know. And and and again, people are really really happy, because, you see, this is not one of those systems where you have to go about iron, condors, or debit spreads, or naked options, or any of that stuff. None of that monkey business. So so it's really great, and it's it's not an expensive, you know. Each option is like $200 300. There'll be some expensive ones if there's no weekly options, and we really like a stock.

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Roger Scott: But yeah, generally speaking, I know for a fact that the stock that you were looking at today I won. I won't spill the beans, but I know that the stock you're looking at today. That option is like a dollar a dollar 50. Everybody can afford a dollar 50 on an option. That's 150 bucks, so you don't need a big account.

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Roger Scott: You're it's very dynamic. You're in and out in 24 h. You never need to worry about getting a signal, even though you will. But you're getting out 24 h later. So it's in and out, in and out. No day training. I love this, I mean, I love this approach. Celeste. I'm so glad Chuck came up with it. It takes a champion to come up with stuff like this that people can utilize over and over

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Celeste Lindman: Someone who has experienced the other thing about Chuck that we were talking about earlier in this program is that that ability to, you know, driving those airplanes. You know all that experience. Chuck has a really unique, a story of some very interesting people that he's met on the other side of the world that you all know of. He could tell us about it. But this guy knows how he knows how to follow those instruments, and he is in. He has been in some very, very tense circumstances.

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Celeste Lindman: and he follows the signals. This is what it reminds me of. But just like you were saying, Roger, he's, but he's taking the complexity out of it and making it very simple, so that we can all follow along. So this is tremendous. Chuck people were typing in. I totally agree with what you guys have typed in, because chuck's like that. Ef Hutton was, you know, like if, when Chuck speaks, I listen. This guy is a a has done so much in the markets.

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Celeste Lindman: so it had so much success. People rave about the way that they're able to make money following Chuck. So when I heard that he had this new system that he was using that was, you know, just in and out of the markets. I'm. Like oh, wow! This has got to be on fire for such a time as this so perfect for this time we've been talking about this guys, it's great. So yeah, yes, yeah. And this is. This is a lot different than my other advisory services. I've been maintaining

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Roger Scott: advisory services since 1,900 and

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Roger Scott: 99, so 23 years, and we're we're trend traders. We follow the trend.

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Roger Scott: This is a totally different approach. You know markets have. They've changed the last couple of years. There's a lot of volatility, a lot of sector rotation. So we're able to take advantage of very short term trades and and and make money even during this volatility. Right?

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Celeste Lindman: Exactly. That's another thing we were talking about today is all the sectors, you know the up and downs there. There are a lot of them are all over the place, and Roger showed us, you know, that above the moving average below the 50 to moving out of wherever it is all these sections. So you're able to take advantage of that. I mean that I guess that's why you traded the bank stock this week, you just.

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Roger Scott: and another

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Roger Scott: t part of the short term trend is we look at the stock and the last hour of the day.

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Roger Scott: And if the volumes spiking, then that that's an indicator that that stock is is going to have a 24 h, move most likely to have a 24 h move.

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Roger Scott: and we take we take advantage of that.

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Roger Scott: But and we'll we'll be you know, we're gonna gear up to do this in in 40 min. I hope that everybody here joins us who here has not seen our class yet. I want to know. I'm curious if you haven't it's a treat, folks. It's a great class. Chuck and I will get into all the details, all the nukes and crannies. Explain to you to how the why, the where all of it, and and I think it's a great great class, I think, even if you've seen it, you should definitely see it again, because it's great great, Murray says i've seen all 3 broadcasts. Are they great, Murray?

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Celeste Lindman: You learn something, you every day.

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Roger Scott: every day, and we gave oh, by the way something else. We gave a hit list on Tuesday. All 3 of those stocks were up the next day.

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Roger Scott: Wow, it was yeah with C Cboe, I it, and Ralph Lauren. Yes, and they all love the next day. So we we we chuck took a trade, but we he also issued 3 more, gave it to people and they all took money on it.

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Roger Scott: Ken says I've seen all 3, and the obscure comments are priceless. The next class is in 39 min. 39 min don't miss out. I'm sure the link is on the page.

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Roger Scott: but it's something you don't want to miss, and again it'll show you how to cut out all the garbage and all the nonsense that a lot of people do to make their life complicated For absolutely no reason at all. Don't miss out and see it. There's the link right there.

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Roger Scott: and today. No, it's gonna be. I I mean, I talked to Chuck. I can't tell you what what the trade is gonna be, but it's not one of those 3. It's a whole. It's a different one, and it actually goes perfectly with my seasonality study for next week, which is really really great up.

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Roger Scott: So i'm looking forward to it, Celeste and I hope everybody here joins us, and it's going to be a great, great time.

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Celeste Lindman: I love it. I love it. No, it does not conflict with. Ask the pros premium, which we're getting ready to go to next, so I drop that link in there for you to go. Join them at 1 30. We're getting ready. Jeffrey, turn. Meyer is going to join me for. Ask the pros premium. This is going to be so cool. He's got multiple trade setups on Meta

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Celeste Lindman: like 3 different plays up and down a variety of it's going to be really cool, and I don't know if anybody has that link you can still join as the pros premium get in there and get that insight from Jeffrey Turnmeyer, but he has a way of like looking at the markets and timing those pretty dog on good, too. So that's gonna be really interesting, but we'll go, for as the pros premium that starts at 105, we will be done by 125. Give you plenty of time to jump up, Run around your office

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Celeste Lindman: and get ready

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Celeste Lindman: for chuck's, and then along with Roger. It's going to be fantastic. You can't miss it. You know you plan your Fridays to get this education, which you glad weren't you so glad that you were here that you got all of that from Scott that you got all of that from Roger. Now you've got all of this from from Chuck getting ready to get great information from Jeffrey going back and getting more information from Roger and Chuck, chuck our ef hut, and you gotta listen to everything he says, so excited that you all get this opportunity, and then you can digest it all over the weekend.

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Celeste Lindman: Get ready to go. But I know there's a trade that's going to be ready this afternoon. That's right. So to pick to pick up on that meditate. I i'm long Meta and Nvidia in my other systems.

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Roger Scott: Oh, I just went out long apple today, the the

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Roger Scott: the these tech stocks, Of course they do better when interest rates are going down. Yes, did you see where the yield was on the table. We we it was. It's a 3 point at the two-year. But

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Roger Scott: yeah, it's 3.3 that's the lowest it is. It is that's what we were. That's good for stock. That's what that's what I was. That's what I was saying in the beginning. Remember what Paul Tudor Jones says when the 2 years stops going down when the fed is raising rates. That's when it's over. Well, the year the 2 years up.

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Roger Scott: which means the yields are down. The lowest deal in the 10 years since last summer. You know what that's telling us. It's telling us that people don't believe that the Fed is going to keep raising rates.

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Roger Scott: and and that's why these tech stocks are are going up now. Interestingly, Chuck was not in this room. He was not in this room. He came in about 1230. He was not in this room when we started this discussion.

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Roger Scott: We did not talk about this at all. This is the first time we're talking about this. But how how are we? I'm totally like 100% on the same page. I was talking about how Paul Tudor Jones. I was talking to the 2 year I was talking about the 10 year I was saying how rates are going down that up, and how the how it's time to get into some tech stocks, and how the government and how people don't believe that the Government is going to raise rates anymore. Yeah, that's exactly what the the thing you have to remember is the fixed income

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Roger Scott: market is much bigger than the stock. Oh, it 10 times you. You're much better off following the bond market, because less less nonsense. It's. It's it's huge. Yeah, you know, and

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Roger Scott: it's much bigger than the stock market. So you know. Take your queues from the bond market folks, the currency market bond market, then the stock market in size. The currency market is about a 1,000 times bigger than the stock market. Just so, you know. But it was a great session. Thank you for having a Celeste folks don't miss out. It's happening in 35 min. I want everyone there.

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Celeste Lindman: Please. Please. Please show up. The link is posted, and we'll see you all there. Thank you for having the Celeste. Thanks, everybody for coming. I'm going to see if I can get that. Is there a link anybody have for that? Ask the pros premium. Here is what I want to get. I'm gonna put that in there so that you can. Anybody that wants to join us over there. I'll I'll tighten this up, Roger chuck. You've been feel free to go ahead and get ready for your event. And Scott here, I want to. I want to pig you back to everyone because because because Chuck, or because Scott was also talking about, and I know from talking to some.

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Celeste Lindman: he's been he's been bullish, and he's got it. That was a really insightful way to look at the market, and you all got that as well today. It was very, very powerful. Weren't you glad you were here. Thanks, Scott.

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Celeste Lindman: for sharing that with us and I. We were able to get that book in there. Make sure you get the right, Weinstein right and good book to follow so. But yeah, I know you've been bullish for a while. I've been foolish right along with you. I'm ready for the bulls. I'm ready. I'm ready, and you treat carefully right.

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Celeste Lindman: So good, good, good stuff. Okay. Happy Friday to you, too, Murray. Happy Friday to everybody we have. I posted a qu. Oh, please check posted. I'll go back in a look at that. If it was a moving average question it was simple moving average, but it doesn't really matter. By the way.

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Celeste Lindman: thank you.

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Celeste Lindman: Thanks for being on that. All right. Great? Well, we are gonna go run over to be on. Ask the pros premium. That link is in there for you, Scott, have a great weekend. Everybody have a great weekend, and we'll see all next week.

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Scott Welsh: Bye. Bye, alright, make it a great day.

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Celeste Lindman: Thanks, everyone.