4-22-26 The Bull Continues and Happy Earth Day!

Added: 2026-05-05

[00:00:02]All right, happy Earth Day, everyone.

[00:00:04]April 22nd, 2026.

[00:00:07]56 years ago was the first Earth Day.

[00:00:12]So, for all of those species still remaining alive on the Earth, happy Earth Day today. I am not a financial advisor, so this is for educational purposes only.

[00:00:23]And just uh taking a little side track on this particular topic. Let's take a look at something that as you all know, I love charts.

[00:00:32]Something I put together a few years ago about global warming.

[00:00:37]So, here is 10,000 years of interglacial temperature. This is the Greenland ice core.

[00:00:44]And we are right down here. That's where we are right now. These These ones at the top are warming periods.

[00:00:51]You can see how much warmer it has been, and you can see what the trend looks like over time.

[00:00:56]Even if you try to explain that it's humans that are creating this, we are still a long, long, long way away from what the historical trends have actually been.

[00:01:07]So, yes, does global warming exist?

[00:01:10]Absolutely, it does, and it's happened for thousands and thousands of years.

[00:01:14]So, that's where we are right there. And so, enjoy global warming now while it lasts, because it won't last. We will go back to another ice age at some point, probably thousands of years from now when we are no none of us are around any longer.

[00:01:30]But, >> [clears throat] >> we are pretty much par for what the what the Earth typically does.

[00:01:36]So, keep that in mind. Just wanted to point that out. All right, let's go back and take a look at the markets, see what's going on today on Earth Day.

[00:01:46]We'll look at um the indexes first, S&P started off great today. Looks like it's kind of leveling off a little bit, so kind of sideways pattern that I talked about yesterday. We likely will stay in this pattern for a little while.

[00:02:01]It's uh it's very healthy. It actually would be healthy for it to pull back a little bit, but um we're actually starting to move up again.

[00:02:09]You can see the RSI, relative strength, staying up there. Even though it went above 70, pulled back, that's actually a strong market when it's above 70.

[00:02:16]>> [clears throat] >> That doesn't mean it's time to short.

[00:02:19]Just means it's very strong. And typically, this is when consolidations happen, we move sideways.

[00:02:26]Maybe pull back a little a little bit.

[00:02:29]This is all normal.

[00:02:30]Still very bullish for the market. You can see the Vix is at 19, still below 20.

[00:02:35]Certainly not down to 17, but it is in that neutral zone right now.

[00:02:40]The um pink line right here is the money flow. So, it basically think of this as relative strength with volume.

[00:02:49]And it's pulling back slightly, but nothing really to get too concerned about. Um let's go take a look at the dashboard real quick. I want to show you the three charts side by side. Here's the S&P.

[00:03:02]Big sell-off yesterday, but now bounced back, and we're in that sideways pattern. So, basically in just a consolidation pattern, same thing with the Russell.

[00:03:11]Although the Russell has not bounced back today, it's moving a little bit lower, so a little bit weaker than the S&P. But, look at Bitcoin. Bitcoin is just really taking off right now.

[00:03:19]So, Bitcoin is showing us that it is a risk-on environment. Uh the sectors up here, you can see Bitcoin at the top, up 3 and 1/2% today. Technology up 1 and 1/2. Nasdaq 100 is up. S&P is up. Energy is hanging in there. Energy is still moving up.

[00:03:36]Um communication services is down here at the bottom of the list. We have real estate, industrials, financials, discretionary.

[00:03:44]All those underperforming, and gold too, underperforming the S&P.

[00:03:50]Take a look at the uh squeeze ultra chart list. GE Vernova, think they reported today, had looks like great earnings, moving higher.

[00:04:00]Strategy moving higher.

[00:04:02]Intuitive Surgical had a great surge upward, that looks like earnings as well.

[00:04:07]Lunar uh that has a shooting shooting star candle.

[00:04:12]Um Qubits Quantum is still hanging in there.

[00:04:16]Let's go two two levels down. Coin, Coinbase, I talked about yesterday, that's just consolidating sideways.

[00:04:22]Micron moving higher.

[00:04:25]Uh so, I think Micron just reported as well, up $25, five over five and a half percent. Coreweave looks good, too.

[00:04:33]About ready to break out once again.

[00:04:36]Rocket Lab that is a shooting star, so that might be reversing. CAR, let's talk about this one cuz somebody asked about this uh yesterday. C A R, Avis Budget, unbelievable chart.

[00:04:49]Let's take a look at this.

[00:04:51]That is a parabolic move.

[00:04:53]You can't get more parabolic than that.

[00:04:55]So, this is way too extended to um to jump in at this point. Definitely wait for a pullback, but this is a combination of a short squeeze. Somebody asked, "What is this a short squeeze?"

[00:05:07]It certainly was a short squeeze way back here when it first started moving higher, right here when it got above all all of this consolidation back here.

[00:05:16]And right about there, all the consolidation, and went above the 200-day moving average. Let's get a closer in view of this.

[00:05:27]So, right here was the volume.

[00:05:30]That particular day was um the 20 I think it was March 20 7th or something like that. I'll tell you what it was.

[00:05:42]March 26th.

[00:05:44]So, March 26th on high volume, uh it started to take off, went above the 200-day, cleared all of this consolidation back here. And on that particular day, it was almost 50% of the float was short. So, yes, absolutely that was a short squeeze that kicked this off.

[00:06:02]Uh all the way up, I suspect the shorts continued to try to short as it continued to go up and got burned all the way up, so they had to cover again.

[00:06:11]And then it became a meme stock, so it's basically momentum players jumped in and pushed it all the way up. So, this day right here was at 108.

[00:06:21]And right now today, it is at 285. No, I'm sorry.

[00:06:26]Uh today it is 742.

[00:06:28]Closed [clears throat] at 742. On this day, it closed at 139. So, 140 to 740.

[00:06:35]Basically, a 600-point move in about a month.

[00:06:40]Um how would you like to have been on that ride? Now, is it time to to get in from here? Absolutely not.

[00:06:47]This is a parabolic move that typically will not last, will not be sustained. It will pull back at some point. We don't know how much of this momentum will continue to push it higher, but this is an extremely uh parabolic move. Yesterday was on huge volume. So, that could be a blow-off top today.

[00:07:07]Um huge, huge volume. He even bigger than it had been in the past.

[00:07:11]Um so, [clears throat] this is a daily chart. So, yesterday was a huge move higher, today it gapped up again, but now it's pulling back. So, this looks like profit taking. Let's see what happens.

[00:07:22]Uh by the way, if we want to see what the current status of shorts are for CAR, right now is at 26%. So, it's pulled back significantly from the 50% level it was at when it started its short squeeze. It's now half of that, 26%.

[00:07:42]However, still puts it on the short squeeze list.

[00:07:45]So, let's see, right here.

[00:07:49]This is the uh short squeeze list that anyone that is a subscriber can find on the website.

[00:07:57]Uh let's see.

[00:08:00]The website here on the chart lists and scans page, you can find all the short squeeze. These get updated every week. You can see there are 346 names on this list, including CAR. And CAR has been on there ever since way back when it first started its move.

[00:08:17]So, if you do nothing else but just This is a CSV file, so you can download it into your own platform if you want to.

[00:08:23]Here are the short squeeze that are also relative outperformers.

[00:08:27]Um 129 on that list this week. So, that basically intersects two different chart lists. So, the relative outperformers are up here. These are ones that have outperformed their own industry group by 10% and has have outperformed the S&P by 7%. So, they are relative outperformers. There are 383 in that list.

[00:08:49]But, this down here intersects both the short squeeze list and the relative outperformers list. So, that is a good list to check out, take a look at.

[00:08:58]I didn't actually look at the uh combination. Uh let's take a look and see if CAR was on this one. Here's short squeeze and relative outperformers.

[00:09:07]And yeah, CAR is on this one. Cava is on here, too, by the way.

[00:09:11]CAR is on there, so the This is a really great list if you want to track these and watch for that kind of breakout that CAR had. Uh no way to predict what's going to happen with any of these. By the way, uh there is a short squeeze on today's scan. Let's see what it is. I showed you one yesterday. Here's today's short squeeze alert uh for AMR.

[00:09:40]Alpha Metallurgic Coal. This is a coal company.

[00:09:43]Right here, we had a short squeeze alert.

[00:09:46]Yesterday had uh better than average volume, started to move up. So, if it breaks above these levels here, this is where shorts start to feel pain. So, 228 and 250. Right now, it is at about 208. But, that's one that came on the short squeeze list this morning.

[00:10:05]It's also using that same list.

[00:10:07]So, that's what the short squeeze That's what CAR looks like. I wouldn't jump into it right now. It is likely going to pull back. No No telling when this run is going to stop.

[00:10:18]This is parabolic and it is not sustainable. And when it does, all of these people back here are going to want to get out the door at the same time.

[00:10:28]So, when it starts its downtrend, it is going to be violent to the downside.

[00:10:33]But, no telling when that will start.

[00:10:35]Could be anytime now.

[00:10:37]Um just out of curiosity, I want to look at this with the relative strength. So, you can see relative strength its own industry group up 500% versus industry group versus the S&P, it's up 400%.

[00:10:53]Um the industry group versus the S&P is negative.

[00:10:58]Is lower.

[00:10:59]So, it's the industry group versus the S- This is This is a great example of what a short squeeze can do. Even though the industry industry group is underperforming the S&P, the sector that it's in is underperforming the S&P, and the industry group is underperforming its own sector.

[00:11:17]You can see here by minus 2 and 1/2% minus 5% 6% over here minus 10% over here. However, if the stock itself is significantly outperforming. So, it is defying all of the odds of what it should be doing. And this is momentum combined with short squeeze. That's what can happen. But, when it when it rolls over rolls over, all of these people do not want to lose their profits and they will all start selling at the same time.

[00:11:42]And we It'll be interesting to watch this. We'll come back to this later.

[00:11:46]Again, thanks for the person that asked me that question. Uh while we're here, let's look at a couple of others that people asked about. CORZ.

[00:11:54]There's CORZ right there. This is a computer services company, Core Scientific.

[00:11:59]Uh it is above the 2 and 1/2 um ATR.

[00:12:04]So, still moving up, but it's uh it's pretty extended, too. So, this is one it it did break out from the previous high.

[00:12:11]So, that's good. Right here, $20 it broke out of that one. Right now, it's at 21.50. The next breakout is up here at 23.

[00:12:21]But, it it is pretty extended right now.

[00:12:23]So, if you're in it, congratulations.

[00:12:26]Great move. Right here is uh a lot of my scans look for stocks like this breaking above the 21. That happened right here.

[00:12:35]Um closed at 16 right there, and now it's at 20 21.50. So, CORZ actually looks really good. Uh the other one was Frontline.

[00:12:45]And this is a marine transportation stock. You would think logically that these should do really well since all of those freighters are stuck in the the uh Strait of Hormuz with oil on them, and oil companies are still trying to pump the oil, and they need to store it somewhere. So, they're storing it on the tankers. So, you would think that this would be a good place. And it certainly had been a good place. Now, right here, the interestingly, the peak back here was on March the 2nd, basically right when the war started.

[00:13:19]And then it had a big sell-off, probably due to the fact that they didn't think that any oil would be moving. And then the realization that all that oil has to get stored, so move right back up almost right back to the top. It looks like a double top right now for this one. Let's uh go take a look at So, I I'd be careful about trying to jump into that one right now. It might be a little late. Again, as I always say, if you're trying to trade on the news, you are already late.

[00:13:46]Well, let's go back to the website. Look at the charts page.

[00:13:52]And over here, uh marine transportation is in the industrial sector.

[00:13:57]We want to look at all of the charts in this one and sort them by market cap.

[00:14:03]This is intraday. Let's go back 1 week.

[00:14:08]Um This is the Let's see. Uh this is This is the wrong one. Sorry.

[00:14:18]I'm going to look at marine transportation. Did I put this in the wrong Yeah, there's marine transportation.

[00:14:25]Okay. So, now let's look at market cap.

[00:14:28]And you can see Frontline is right there. Up right at the top for market cap.

[00:14:33]What other ones do we have? STNG, Scorpio Tankers. There's a tanker company right there.

[00:14:41]Let's look at that one.

[00:14:45]Looks kind of similar. Sort of a double top. Actually didn't even make it back to the previous high.

[00:14:49]Uh and kind of rolling over right now.

[00:14:52]Uh ZIM.

[00:14:56]Look at ZIM.

[00:14:58]Same kind of thing. Gap up right here. I think they got bought out, actually. So, that's That looks like an acquisition.

[00:15:03]When the chart looks like that, typically an acquisition.

[00:15:07]Um See if there's anything else. Let's look at um scooter. There's ZIM. Here's SHIP.

[00:15:14]There's some other ones you might want to take a look at.

[00:15:18]Eco Tankers. This has been This was actually on the top 10 list for a while and in the IBD list. So, you can see Look at that not 45° move upwards. It's pulling back just like Frontline. So, all the tankers look like they're starting to pull back.

[00:15:33]Probably due to potential end to the war at some point. No telling when that will happen.

[00:15:40]So, uh that's it for that one. I looked at CAR. So, one other question that came in was Let me go back here and I'll show you the question.

[00:15:52]Ray Dalio put out a YouTube. He said you should own dividend aristocrat type stocks that pay a dividend. He also said you should own energy stocks. I have Chevron. Could you please do a YouTube describing how you would use your principles to choose stocks in the oil energy shield. I don't know what shield is, actually.

[00:16:08]Um and narrow them down to ones to consider owning.

[00:16:12]I am not a financial advisor, so I am not going to recommend anything, but I will show you the mechanics of how you could do something like that. So, the first thing I want to point out, and for those that are interested, I actually had a note from uh someone that said it was difficult to understand how to sign up for my website. It's all this that that we're looking at is on the website.

[00:16:35]If you go to the homepage right here, breakpointtrading.net, and scroll all the way down to the bottom of the page, there's a bunch of testimonials in here. Bottom of the page, there is a free newsletter. So, if you want to be You can get the free newsletter just by clicking on that link at the top of the page. But, if you want to be alerted that the newsletter's available, just sign up right here.

[00:16:54]There's no credit card required. We don't share emails. All it does is registers your email, and you will get notified about the newsletter. If you want to try the 7-day free trial, you can do this one, the monthly subscription. Try it for 7 days. See what it has. Don't forget, if you don't want to continue, don't forget to cancel. If you do want to continue, cancel as well and sign up for the annual subscription that gives you everything, including the risk management calculator, which by itself is worth the subscription price. Just that alone. The risk management calculator is worth it. Uh and you can read all of these testimonials if you want to. But, that's how you can sign up. So, let's go back and take a look at that question.

[00:17:40]So, first off, we want to look at the energy sector.

[00:17:46]So, uh well, first I want to show you the portfolios page cuz he talked about dividend stocks. So, on the portfolios page right here, I I update these every month. Here are the aristocrat and champion stocks that he mentioned. Um these are Aristocrats are stocks that have paid or increased their dividend for 25 years straight, and if they miss, then they get dropped out of this list.

[00:18:07]Uh takes them 25 years to get back on it.

[00:18:10]So, you can you can start with that list. So, what I do every year at the beginning of the year, I take those lists, the aristocrats and the champions. Aristocrats have to be in the S&P. Champions do not have to be in the S&P. But, I take those two lists, and I run a proprietary scan against them with this criteria right here, and it produces the best names in these lists. And you can see right now, as of the end of March, where we had a big sell-off in March, this list was still yielding 7.8%.

[00:18:38]I also do the same thing with the Vanguard high yield high yield and high performance list. And this one here at the end of March was yielding 10.4%.

[00:18:48]At the end of April, I will run this again, and I'll show you what the results look like. I'm not going to show you the stocks because you need to be a subscriber to actually see them. But, I will say that there are some energy stocks in these lists, some really good ones, actually. Some really good energy stocks that are paying great dividends.

[00:19:05]So, if you remember the question, uh Ray Dalio said buy dividend stocks and buy energy stocks. So, if you buy energy stocks that pay high dividends, you're doing both, basically. And this is where you can find some of those. You can also look in the Dogs of the Dow.

[00:19:19]And I will show you this list because this is a pretty uh well-known strategy, and it's not very difficult to find these stocks. It's not a proprietary scan that I do. Just the Dogs of the Dow. Um basically, the 30 stocks in the Dow Jones at the beginning of the year is the ones that that are paying the highest dividends. You just buy those.

[00:19:39]So, these are the ones as of the end of March.

[00:19:44]These are the ones that were in that list, and there's Chevron right at the very top. So, yes, the person that asked that question, good choice going with Chevron. It is the only energy stock in the list, the Dogs of the Dow, but of the ones in the Dow Jones, it is the one paying the highest dividend. So, there you go. That's That's one of the good ones.

[00:20:03]It's up almost 40% year-to-date as of the end of March. End of April, I'll run this list again. So, that's one way to do it. Uh to to find those stocks, you can go back here to the We'll go back here and go to the charts.

[00:20:20]For those that are StockCharts members, go back to the charts and tools page, and right over here, member tools, scroll down until you find research tools.

[00:20:34]And in the under research tools, you can find sector drill down. So, I click on sector drill down, and we got we have right here. These are all the sectors. Here's energy. Right now, today, it's number two on the list. Technology is number one.

[00:20:49]If we look at one week, uh energy is number four on the list.

[00:20:54]So, energy has done pretty well.

[00:20:56]So, then we click on energy. Click on that right there, and I'll show you the industry groups within energy. And in those industry groups, in the one-week period, we have oil equipment and services and exploration and production.

[00:21:08]Integrated oil and gas also is a strong one. That's where Chevron is located.

[00:21:14]But, we'll take a look at both of these, oil equipment and services and integrated oil and gas. So, now we know those Energy is one of the top sectors.

[00:21:23]Now we know these are the top uh industry groups. Remember coal was number one, so coal starting to make a comeback, but it really hasn't moved that much.

[00:21:32]Does the chart doesn't look as good.

[00:21:34]Here's oil equipment and services. The chart on that one looks great. Here's integrated gas. That one is down, so it might be a good time to get in. And exploration is down as well.

[00:21:43]So, next thing I want to do. So, now we know that those are all strong. So, good good time to take a look at them.

[00:21:50]Next thing I want to do is go to the scan engine.

[00:21:55]And we will create a scan looking for those stocks.

[00:22:00]So, down here is the scan engine.

[00:22:03]Right here, we're going to do a new scan.

[00:22:06]Going to clear this out, say new scan.

[00:22:09]Now we want to add in the industry groups right here.

[00:22:13]So, we'll go to energy.

[00:22:15]Here's energy, exploration and production.

[00:22:18]Let's do that one.

[00:22:20]Let's do Go back to energy again. Let's do integrated oil and gas.

[00:22:26]And the other one we saw was oil equipment and services.

[00:22:32]Let's So, let's add those. Now, we don't want it to be and because that means it has to be in all three, and no stocks are in all three.

[00:22:39]They're individual for each one. So, all I have to do is change this to or.

[00:22:47]Change this to or.

[00:22:51]And now I have to group them in what I'm trying to compare. So, I'll put a bracket around the top one and a bracket around the bottom one.

[00:22:59]And that says, "Look for all of these, all the stocks that are in these three groups." So, then I'm going to run the scan and see what we got. So, here's the stocks, 205 stocks we now have in this group. Now, I'm going to move it to a chart list because this doesn't give me all of the columns that I want. This gives me the sector, the industry, volume, etc. But, I I want to actually start to look at these based on the the um yield. So, I'm going to save this to a chart list, replace. I have a list at the top of my list that I always move everything to. It's called scan dump. I just dump everything from the scan into this one list.

[00:23:42]Now, I have everything in this one place. Now, I can change the columns up here, and now you see I have market cap, scooter score, but I also have dividend and dividend yield as part of this. So, now I can start to sort this based on all of that. So, let's sort first on market cap, see what we get. There's Exxon and Chevron right at the top. They have uh these are technical ranking scores. So, anything above 60 is good.

[00:24:08]The higher the better, of course. That just basically tells you that that within the last 6 months, this the chart looks really good. But, over here, it shows you the dividend yield. So, now I can look at the ones to see what what the what the dividend yields are for each one of these. So, you can see Chevron right here is 3.8%.

[00:24:25]Here's TTE, 4.3. This is based on market cap, so these are the largest stocks.

[00:24:30]Here's a 5% one right here, four four and a half, four and a quarter. So, that shows you what they all look like. I can also group it by I kind of already grouped by industry, but I can group by industry as well.

[00:24:44]So, now here's exploration and production. And just go down the list to look at the the dividend yields.

[00:24:51]I want to also have a high technical ranking as well, not just a high dividend yield. So, one that has a a good-looking chart. So, you can see you can go through each of these and take a look at it. OVV was on the top 10 list.

[00:25:05]Devon Energy TPL was on the top 10 list.

[00:25:09]So, you can cross-reference these to the top 10 list that I have.

[00:25:14]You can start to identify some of the ones that look good.

[00:25:17]And and then cross-reference them by dividend yield.

[00:25:21]So, that's by industry group. Let's go down, and that's exploration and production.

[00:25:28]Let's go down and look at integrated oil and gas. Again, Exxon and Chevron. There's Shell.

[00:25:35]ConocoPhillips BP is in there.

[00:25:40]CVE And that's Let's go down and look at oil equipment and services. Down here, Halliburton uh Schlumberger These have These have lower um yields. I can also sort it by the yield itself.

[00:25:57]So, now we can see right here, this one here has a 27% yield, but it is not a very strong stock.

[00:26:04]So, that's not a good one.

[00:26:06]Uh here's a 12% yield with a good scooter ranking.

[00:26:11]So, that's the way that you can use this to identify really good stocks at really good um really good uh yields as well.

[00:26:20]Sometimes the yield is high because the stock is not performing.

[00:26:23]So, keep that in mind as well.

[00:26:26]But, that's that's the way you can do it to try to weed out the ones that look the best. Um or you can just go over here to the dividend stocks right here and take a look at the There's some really good ones. Real two really good energy stocks in this list. So, for those that are subscribers, you can go click on that and take a look at it.

[00:26:45]All right. Let's go take a look and see what the market's doing right now.

[00:26:49]Thanks, everyone, for the questions. I really do appreciate that. Um here's the S&P. Let's actually look at the 10-minute chart so we get a close-in view of what's happening.

[00:27:04]Do this very quickly.

[00:27:07]Um so looks like we are just consolidating, moving sideways right now.

[00:27:14]Uh by the way, I This is an experiment I'm doing to just see what the range looks like for Monday and Tuesday. The range last week for Monday and Tuesday kind of went sideways like this, and then it broke out. Actually broke out on Tuesday, broke out of the top end of this.

[00:27:27]So, that one indicated that it was going to continue to go higher the rest of the week, which it certainly did. But, whenever it stays in between these up until the end of the day Tuesday, it usually stays in that range. So, let's see what happens this week. Technology is moving up, but discretionary, communications, financials, and industrials are moving down. So, technology is the only one carrying the market today.

[00:27:51]Uh the defensive groups are all pretty much flat other than real estate. Real estate is down quite a bit. Uh materials and energy Energy starting to move up.

[00:28:01]Materials is moving down.

[00:28:04]And the rotation, really important, growth versus value is looks pretty good. Discretionary versus staples is down. Technology and semis are up. So, all of this looks bullish, still looks bullish for the market. Market continues to move higher. Breadth still looks okay, although pulling back a little bit. But, it's not surprising, like I said yesterday, for this to pull back to that 7,000 area and test that area before taking off again. So, just like I said, we're consolidating. It's a healthy thing to do. We're inside the expected move for the Russell 2000.

[00:28:39]Daily expected move. We're still in there, getting close to the bottom of that range.

[00:28:45]Um and it is underperforming the large caps.

[00:28:49]And then this is what the breadth looks like for mid and small caps. And the Nasdaq 100 is near the upper end. So, the Nasdaq is the one that's carrying the market.

[00:28:59]Which uh which makes sense because technology is really the one that's moving up doing the best. The VIX is still below 20. Moving up a little bit today, but but come came down significantly from yesterday.

[00:29:11]But, it's sitting right at the top of its daily expected move. So, this implies that we might either just consolidate sideways or actually pull back by the end of the day today. So, let's see what happens. Uh and then there's the breadth. The breadth actually looks really good on the Nasdaq 100. So, technology is where it's at.

[00:29:29]That's what's moving everything higher.

[00:29:31]Um I'm just curious about gold. So, I want to look at that real quick.

[00:29:36]Here's the gold ETF.

[00:29:38]Yeah, gold is kind of rolling over a little bit. Went up and and touched the uh 50-day with a s- uh it's actually a graveyard doji. You can see that little candle right there.

[00:29:52]That's a great looks it kind of looks like a a shooting star, but it doesn't have enough of a body.

[00:29:57]So, when it starts at the bottom goes up and goes right back to where it started, that is known as a graveyard doji. That is a bearish reversing candle and it did so right at the 50-day. So, that was a critical area as it starts to come down.

[00:30:13]Um, I want to look at gold miners as well.

[00:30:18]Just out of curiosity to see what they're doing.

[00:30:21]For this, I'm going to go to the market bias matrix page. By the way, notice like greed factor pulled back a little bit yesterday started to roll over some.

[00:30:29]So, think that's we're going to go through a consolidation period here in the next few days. Here's gold miners.

[00:30:36]Gold miners right now same this this one actually is a uh, shooting star candle back here. But, it went above the 50 and then now it's pulling back it's below the 21. It's below all the moving averages except the 200. So, gold looks like it is starting to pull back right now and trend lower.

[00:30:53]This this whole up move right here in gold miners was on very low volume.

[00:30:58]So, there's not really much holding it up right now.

[00:31:01]We'll see what happens. Uh, one thing that I added by the way to um, the dollar the dollar sign right here is for the US dollar.

[00:31:10]I uh, changed this a little bit to show the dollar next to oil. So, when the dollar goes up, oil goes up and the 10-year yield goes up.

[00:31:18]But, when the dollar goes up, the S&P goes down and gold goes down.

[00:31:21]>> [clears throat and cough] >> Right now, the dollar is starting to move higher.

[00:31:25]So, that means oil may move higher, 10-year might move higher, the S&P may move down.

[00:31:31]We shall see.

[00:31:33]But, uh, you can see this is the um, squeeze up here as well. You can see the momentum is starting to move lower, but starting to round out. The momentum might start to pull back up again meaning the dollar might start to move higher.

[00:31:46]Which which uh, would probably pull everything down as well. Also, right in here there's a little hidden I don't know if I can catch it. There we go. US Treasuries. So, the 10-year yield has been very, very consistent really well behaved inside of this channel.

[00:32:04]Just going sideways had a four days in a row moving up and then it pulled back, but it's still pretty much right in the center of this channel right here.

[00:32:11]So, the um, the 10-year really has beha- been behaving itself pretty well. All right, that's it for today. Thanks for watching everyone. Let me know if you have any questions, comments, anything you want me to check out, take a look at. I love doing the research, so I really appreciate the questions that everyone has. And I'll talk to you again tomorrow. Take care.