How do we prevent America from becoming an aristocracy while also funding the programs that Americans desperately need? One way is to get rid of a tax loophole you probably never heard of. It's known as the Step Up Basis Rule. Here's how the Step Up Basis loophole now works. Say you have a man named Jeff. At his death, Jeff owns $30 million worth of stocks he originally bought for a total of $10 million. Under existing law, neither Jeff nor his heirs would owe federal tax on the $20 million of gains because they're automatically stepped up to their value when he dies, $30 million. Under Biden's proposal, Jeff's $20 million of gains would be taxed. Oh, and don't worry, Biden's proposal doesn't touch tax-favored retirement accounts such as 401Ks, and it only applies to the very richest Americans. As it is now, the Step Up Basis loophole enables the super rich like Jeff to avoid paying more than $40 billion in taxes each year. It has allowed them to skip taxes on the increased value of mansions and artworks as well as shares of stock. In fact, it's one of the chief means by which dynastic wealth has grown and been passed from generation to generation, enabling subsequent generations to live off that growing wealth and never pay a dime of taxes on it. Unless the Step Up Basis loophole is closed, we'll soon have a large class of hugely rich people who have never worked a day in their lives. Over the next decades, rich baby boomers will pass on an estimated $58 trillion of wealth to their millennial children, the largest intergenerational transfer of wealth in history. Closing this giant tax loophole for the super rich is how Biden intends to fund part of his American Families Plan, which would provide every child with two years of preschool and every student with two years of free community college, as well as provide paid family and medical leave to every worker. Close this Step Up Basis loophole and we help finance the programs the vast majority of Americans desperately need and deserve. We also end the explosion of dynastic wealth. It should be a no-brainer.


Following the death of David Ouzoni finding the legal state police command has confirmed that all members of the singer's domestic staff are currently in police custody. The command spoke best in Benjamin Hounday, confirmed these via telephone this morning after reportedly fire's death went viral. The DMW boss and its fiancé, German Roland, were away from the house when the boy reportedly drowned in a pool at his father's house in Banana Island on Monday. Speaking on the unfortunate incident the legal's PPR said preliminary investigation is currently ongoing to unravel what led to the boy's death.


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The following is a presentation of TFNN. The TFNN Bull Bear Trading Hour. Every trading day, live at 10 a.m. Eastern. Call now, toll free at<PHONE_NUMBER> or internationally at<PHONE_NUMBER>. The TFNN Bull Bear Trading Hour. Now, Tom Ant, Tommy O'Brien. Good morning, everybody. I'm Tommy O'Brien, coming to you live from TFNN headquarters in St. Petersburg, Florida. Join this morning by our man Basil Chapman, filling in for Tom. Basil, good morning. Good morning to you. How are you? I'm doing well, man. It's Friday. We got markets at all-time highs, right? Ringing in the bell as we come into the weekend. And folks, we got the dial up 142 points right now, more than half a percent trading $27,230. S&P is positive by five, trading at $3,005. NASDAQ positive by 22 points, trading at $82,18. Green across the board this morning, Basil. We got a PPI number, a little bit of producer price increase of 0.1% to go along with that CPI data yesterday, a little bit hot. So the market okay with that, though, as we march on to higher prices. And we'll see where the day goes. It kind of just seems like a continuation, in my opinion, of kind of the week and then the market just chugging higher. And we'll see where we go. Not a ton of news to really hit the market today as we creep into the weekend with positive sentiment. It's interesting that the PPI was just up a fraction when, in fact, the wheat, corn, and soy have had very strong moves from the recent lows. Well, it's not so recent anymore. Let me see where wheat was. Yeah, this has been eight weeks, nine weeks of a rally in wheat. Yeah.  I mean, that's big. It's amazing when you put that chart. I'm just looking at the monthly. It's like amazing, though, how that still is almost in a downtrend on a monthly with that type of a move, just because of where wheat. Now you can see the downtrend. Look at that. And I'm going back even further. I'm going back to 2010, 1408. Wow. There's a continuous contract. Sure, still. Right, yeah. So even this rally is just merely a little blip on the downside, a percentage shift. Well, this is the interesting thing. You can see that in the gold stocks when they were so low when they go to the single digits. They don't have to rally very much to get a really big percentage. Yes. But it's the same thing here. So it's off the highs, but still only at 522. But this will be reflected at some point, I think, in the marketplace. Sure, sure. Now, Basil, can we jump over to the Dow? Because I know we had been talking yesterday. I believe those numbers as to where we might be able to get. And we're creeping up to right around those numbers, I believe, right? What was the number? The number that I was looking at was initially 26,999 and then 27,160 as the automated resistance points. Because of the move yesterday, I have another reading of 27,296. But the way I've been looking at it, if the Dow is able to close above 27,270, what that does is it changes this weekly chart, which I've got in leg E. And you can see that it's going above almost all the trend line resistances. And the MACD is still very strong in this. The cascades at 89%. So that says to me, and in a way, this is a good problem to have for subscribers because we've been launched since the June 3rd low. So we've done nothing. I just said there's a certain something that we will do today if the Dow goes down minus 40 points at any stage. It's just a kind of a protection thing. But in the meantime, this breakout, it seems to me, is forcing people to start looking at stocks without shaking it. I had mentioned in Tom's show yesterday, that was a show four to five, which I did as a guest host. I said, most people that I meet who talk about the stock market shake their head and say, what the heck is going on? So the funny thing is when I finished the show, I went straight off to play tennis. One of the players there looked at me and said, so what did the Dow do today? I said, close at a record high in the 27,000s. And he shook his head and he used the vernacular that a lot of people have been using these days. This is a four letter word, we won't have to use it here. And he shook his head and said, that is just amazing. And that's, I mean, that reaction I've had from people for the past couple of years that they just, they don't understand it or know why. And I can understand if you listen to the news, if you're listening to what the Fed's supposed to do and all that. But the reality is there really isn't much else that you could put your money into. And I think that that basically makes it as simple as possible. I still think we're in an area right here with the monthly chart. It's unusual that the Dow in the monthly chart has gone to a leg C, but the S&P, and this is really hard to believe. The S&P is only in a leg A from the low that was made back in December at, that was 2346.38. And we're now trading at an all-time high, 2003 or 2004. And this is still only a leg A. Now Basil, this is a great opportunity just because I look at that chart. Now where, why would an A not pop up on that recent high that we had in that monthly two or three months ago, you know, where you get the pullback? Yes, right there on your chart. Well, let me just explain. Okay. This is a great methodology as long as you start to make higher highs. You see this, the low that makes, when you get a low bar and you get a spike to the upside, that cannot be a new peak. Sure. Because the peak, by definition, first of all, you need a trough to start your peaks. Okay. And I use a floating letter. So in this particular instance, let me just get rid of this for a moment and then we can do it very, very clearly. I'm just trying to find it. Because man, that is quite an A leg of that in terms of quite a run, right? So this, once it broke above the high, I'll use my pointer. This is the monthly chart. Let me just expand it so we're looking apples to apples. Yeah, this is what we're looking at. The monthly chart and I'll move it. And I just wanted to show something recently that during the Obama administration, the market went up and up and up and up. And my comment constantly was, I don't know why President Obama doesn't say the market is doing well. I can't understand why, because it wasn't in his wheelhouse. It's not what he always spoke about. And now look, we're going up and up and down with Trump. A much shakier market at this particular point. But your question is, in this particular instance here, in the chapter where you identify the lowest low bar and then you merely count each successively higher peak. But you can only start. Look, I haven't got a peak here. This is the trough from the right side. I can start counting. So what we do is, as soon as it goes by this particular high that was made in December of last year, and that's the high of 20 in the S&P 2800.18, you go to 20, you go 0.1 higher, 0.01 higher, and now you can start calling this leg A. But I usually start off with a gray A because it's under the previous high. You mean, yes, it's good, but be careful because you're under the previous high, anything can happen. So I usually make that a gray. So now what we do is, the next bar has a higher high. I still, that's called a floating ladder. It just keeps moving. Next one has a floating high. And if you remember the data already made a peak A, and then it went higher in the S&P, to leg A, and even this high of May was a higher high. And was June, and now we've got. So this is still a leg A. Okay, we kept getting the highs. I see. I mean, the red bar just jumped out at me, but that makes sense when you walk it through. Perfect. All right, folks. We're going to be back in three minutes. We're going to finish this conversation. We got the DAWUP 152 S&Ps up for record highs. That'll be right back. The TAS Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. 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So Basil, I see you're sitting up while we're back to the Dow or we're going to jump to go for it. So, let me just, I just wanted to show you something here on the S&P. These are all the Chapman Wave automated resistance points and support levels in the different. This is the 10 minutes. This is the day. This is the middle, 120-minute chart over here and the monthly has a lot on the right. On the basis cover. But you can see, yeah, so right here we've got between 316, 320 and 327. There's a lot of automated resistance levels. And the whole thing about this is if you snap right through it, that is really positive because these are usually very good. You can see how you stored each one of these before you took off. And look at this beautiful support level here, this weekly at 2735. I do respect these. I do my other work, but I usually do this just as a check. So that says in the S&P, you've got that resistance in the Dow. You broke out of the earlier ones. Now you're at this upper end, 27296 is the next one. And we're going to go through all the others, but it does show that it goes all the way to 28,959 in the monthly at some point. So that's what I like to look at. And I just use it as a reference point because I do so much of the other work. You can see the cues are not acting as well as the Dow. The S&P is not acting as well as the Dow. And look at all the resistance levels here, the QQQ, that's 193.20, 193.71. So that's just saying that there is quite a bit of resistance coming up. Breaking out would be very positive. But even more important is that this is a very, it's now a little more complex as market because T bonds have started to pull back sharply. The, I had a, I had a sell, just a short-term sell signal in the, this is the bonds themselves, the U.S. Continuous Contract of the 30-year T bond, made that peak D when we was looking at Ds. Look at that sharp pullback from the 157 to 153. We say sharp, but look at the way it's come from. But it's the speed with which we've come down. Also I'm a little cautious here because this is a leg, this is a leg F and by today there's no way we're going to go above 157. So that makes us weakly at a peak, potential peak F with a magnitude turning down, still good. And the stochastic still good at 85% and the unbalanced volume and relative strength all turning down. This is, you know, be careful because those yields, that can, that can flummox the market a little bit because what the Fed's saying, what the market's doing are two different things. Yeah. I mean, we got, we got that core CPI yesterday, 2.1%. I mean, the Fed's core inflation that they're looking for is 2%. So you're coming in a little hot and you get the PPI at 0.1% and it is quite a run in terms of just even I have the yield chart up here real quick and quite a run in terms of you're talking about, we just went from 1.95 on July 5th to sit in it. Yes. The 10 years this is. I got it right up here. We're in a leg B. And that's, you know, 2.0% folks in the span of seven, eight days to the upside as we're coming into what the market perceives as a guaranteed rate cut coming on July 31st. That's quite a market in terms of. And tell me, tell me, look at this. This is my automated TLT Lehman 20 year treasury bond fund. Okay. Look at that. Look at all that. Look at the resistance levels there. And it's broke right through the 13171. So this is going to be very important because, you know, it's, it's such an interesting way. It's always an interesting market. That's why most of us who are involved in the market just I absolutely fast every day is a challenge because there are just so many different pieces of the puzzle. But to make it as simple as possible in the TLT, I typed this in when I heard it a couple of about eight weeks ago, maybe a couple of months, someone mentioned Tina, I thought, what is it? I've heard all these different acronyms and they said, there is no alternative. And I think that that makes it as simple as possible. You know, real estate is something very different in a stock. You can, let's just say you have a stock worth, say $80,000, right? You can press a button and within the, within less than a second, you're out of it. Yes. But let's just say you've got a mortgage of $80,000 and you've got your real estate and you want to get out of this, you've got to put it up for sale. You've got to get it ready. You've got to get, you know, it's, it's, it's just a different business. Then the question comes in as to whether it's really worth $80,000 because you might think it's worth $80,000, but there's not an active by itself. So not only can you not get out of it, but maybe you've estimated the price to be a little incorrect on something so illiquid like a real estate transaction. And that can be good and bad. I'm not talking about it good or bad. I'm just saying that could be good and bad. It could be worth more than you're guessing. But the market is so illiquid for something like that versus stocks. I hear you push the button. It's in your account. It's in cash straight away. And then you were just talking about the Dow and kind of the day divergences versus the Dow versus the S&P. Look at the IWM. Yeah. IWM is just kind of stuck in this range. It didn't get even close to the recent high for 158 and 155.49. You were talking about yesterday in terms of the different stocks in terms of we had Boeing putting so much of the emphasis into the Dow for so long. And then yesterday, you just said, I mean, United Health was up huge. You had Goldman Sachs got quite a bounce as well yesterday. And your nature is up again today.  You know, Goldman Sachs, Boeing, United Health, all of those. I mean, you look at three stocks in the Dow. That's 10% of the whole index. And all of those were mammoth numbers yesterday. So you can see why. And that's been the same today. Yeah, the same ones. In fact, and in fact, that's one of the reasons why I've said that the Dow is the Dow 30. I don't I don't want to call it the Dow Jones industrials. I want to say it's the Dow 30. There are there are like three industrials there. You know, this is a this is a mix of what has been considered core American products, Home Depot. You know, this is this is very important to even Walgreens boots, which is remarkable there and there as well. They got quite a bit pulled back almost to finish the day in the negative. But same thing. I mean, industrial Walgreens, you know. So the XL is the S&P select industrial spider also not exactly the same, but it represents something a little different because I think this particular mix is telling me more about the industrials. If you had to include the United Technologies companies that have been dragging the Dow down, that has not made an all time high. Yeah. So you've got to just the picture is what are you looking at? And what do you see for that particular individual chart formation that that is being formed? Yeah, a little bit of divergences hitting the market here and there. So I do I do express I just want to say that I do expect that there's some kind of a topping action going on here on the shorter term. But on a purely practical level, I'll do this.  Let's do it. I like it. You see, actually, let me grab this chart right here. I think this is the one I'm going to open that up. It's a good time for lessons when you get stocks at all time highs and you know, I mean, seriously, in terms of what's going on with bonds. I wanted to make it I had that webinar, my last webinar I did for subscribers. Yes. And then that webinar I spent quite I always talk about the nine period moving average and the 14 period moving average. I just these are part of my vernacular. Everybody has their special things. I know Tom always looks at volume. Everybody has their thing that is there. There we can call it their bread and butter tool that they look at. This is their wheelhouse. So I'm looking at this and I'm looking at it and saying, well, that nine period exponential moving average is so high from the 14 period moving average that you cross negative. Look what you'd have to do. We can talk about that when we come back. It would take a lot, right? It's a practical, yeah. And folks, come on over to the front page of TFNN. There is that webinar right there. We'll talk about it after the break as well. The Tide from Basil Chapman last month. Check it out. We'll be right back. Hi folks, Tom O'Brien here. If you'd like to get my daily newsletter, Market Insights, then now is a great time to sign up for a 30 day free trial. Every morning by 9 30, I send up my morning letter to subscribers with market commentary on a variety of markets, currencies, and commodities to keep investors up to date on the day's trading action. Included in Market Insights are specific buy and sell recommendations for stocks, ETFs, and even options, which stops and price targets included for every trade in my newsletter. If you'd like to try my newsletter, risk free for 30 days, then head over to the front page of TFNN and you'll find Market Insights under Trading Newsletters. I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information they need to know for the day ahead. I even issue afternoon updates for my subscribers whenever warranted with important market action. I'm always scouring the market for the next great trading opportunity. Sign up for your 30 day free trial to my daily newsletter, Market Insights, today by visiting your front page of TFNN.com. Go get them, folks. The path of least resistance is David White's daily trading newsletter, and if you're looking for active trading ideas, then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter. Using a combination of equity trades along with options, David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. Don't miss out on this great chance to get a 30 day free trial to David's daily newsletter, The Path of Lease Resistance, with no obligation to pay anything. David has been delivering solid recommendations for his subscribers recently, and if you'd like to see the type of newsletter he delivers every morning, then visit the front page of TFNN, and you'll find The Path of Lease Resistance under Trading Newsletters. For all the details, and to start your 30 day free trial today, log on to TFNN.com now. TFNN is excited about our new software charting program, The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first of its kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including Gartleys, ABCs, Butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now we're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30 day unconditional money back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Basil Chapman and just Basil, before you finish, as you were talking about that webinar, folks coming over to the front page, Basil doing a great job filling in for Tom this week. Tom will be back on Monday. Basil's doing his show at noon. He talks about so much because he's got so much information, and this is just a sneak peek of those archived webinars that subscribers gain access to. And there is that webinar, The Tide, on June 12th, Basil's talking about, let alone he's got a few others in there that you can check out. You subscribe, you get 30 days money back guarantee, and all these 90 minute webinars, you can get in there, watch as many times as you want, and get up to speed with that Chapman wave. So go ahead, Basil. So this has got no lettering at all. This is just basically looking at moving averages, and you could use, people use all different kinds of moving average. I just say, be consistent in whatever you use. Don't keep changing it because you're gonna confuse yourself. Stick with what you've got, and just learn what the parameters are within it. And my point, my only point here is, yes, I've got, this is the spy. I thought some people might not get the S&P if they're listening to the show, they might, it's easy to go. SPY, which is the S&P, the deposit of receipts, and it's really basically the S&P in the ETF form. So what we're looking at here is trading at 299.85, up 54 cents, up 0.18%. But you see how far it is away, the price is away from this green line, the nine-period moving average. I use exponential moving averages, you can use anything, but just be consistent. And the bottom one, the black one is the 14-period moving average. Look at what it takes to go from very positive, if you remember, this is the April high, and fortunately in the Dow, we got short the day before the high and rode it all the way down, reversed to the long side at the bottom. But look how long it took it. This is not a timing mechanism, this is a confirming mechanism. So look how long it took before you got a crossover to negative from the nine-period moving average to the 14-period moving average. But look at the points you went from right here on the third of May at 294.34, a little below the high that was made two days before.  So my point here is I didn't want to be in any hurry to tell subscribers, and oh, this is getting kind of toppy, we've got all the resistance levels, get out and it's a, no, what we've done is we had lightened up on the way, we've still got a good position, and what we're looking at using the S&P now, or the spy, we actually long the dowel, the 200% long, we have a position there of the dowel, but it's the same principle. So what we are looking at here, this is now in leg F, usually a leg F in the Chapman-Wayne-Mathcroy, she says, wow, do you think in a recycle higher, or this is where you've got to be very careful, we're looking at a doji, three doji candles so far, if there's a little doji candle or a down candle today, maybe Monday we start a little bit of a pullback, but look what you've got to do, you've got to go to the green line, which is 297, so that's two points, then you've got to go down to 295, so that's another, you've got six points, no, where we are the higher today is 300, exactly round number, 300.00, isn't that incredible, all time high, you make a round number, at 300, anyway, so this is just, you've got a lot to go to the downside, so you'll have time to get out, if you want to go short, you'll have time to go short, just think about how strong this is, just based visually on the technique that I'm using here, saying that you haven't even gone back to the nine period moving average, you're still above it, you've got all that time, and then you still have to cross negative, and then you finally have to go underneath, you have to get the nine crossing the 14 to really get a confirmation, so I think this is all going to take time, and what I said to subscribers is, either we get a really sharp news event today that just really tanks the market or over the weekend, but more likely, it's just maybe we're going to start to get lower highs and slightly lower lows, as a process evolves, and sudden spikes to the upside, maybe even making slightly higher highs, but we have to wait for these moving averages to actually turn down, that was the tide, that's what I was talking about in my webinar, that in the tide, try to identify when you've come off the bottom from low tide moving up to high tide, and when you're going from high tide going down, and if you're able to do that, it really gives you a perspective of saying, all right, don't get, don't hurry, there's plenty of time, just be careful. They tell you in swimming, don't swim against the tide, right? That's the cardinal rule number one, yeah. You're saying that to one of the worst swimmers ever. I used to love diving, I used to love body surfing, but I'm not a good swimmer, and I couldn't even tell you, I was once almost drowning, talking to a friend of mine, and too embarrassed to say that I couldn't feel the bottom, and I was running out of energy, and I was still kept talking until, thank God, I finally felt a little sad at the bottom. The last moment before you screamed for help, right? I was too embarrassed to say, could you just lean over and give me your arm? Give me a hand too, right? And they do say, folks, you ever get caught in a tide, that tide going out, you swim sideways, parallel with the beach, because you don't swim against the tide, because you make no progress, and you just tire yourself out, seems like a great analogy for the market. It's like the market, where the market is, you go against the tide, it's very costly. That's right. So how about Young Brands, Basil? I know we got one of our tigers in the den talking about Young Brands, and I saw you pulling it up there briefly before. So Young Brands is very, actually, let's just do it because we're looking at one that we were looking at now without all my notation and everything. Okay. This is a very good example. So Young Brands, you see, it's making slightly higher highs. This is the daily chart. Young Brands is trading at 110.74, down 0.76. And now you can see more, first of all, we've been using the nine-period moving average. I call it walking the nine-period moving average. Actually, it was leaping the nine-period moving average. Then all of a sudden, and it's amazing how markets make this arch, this rounding top, it's getting harder and harder to go above. This is an automated 111.44 high and it closed yesterday at 111.51, just above it. And today, it went even higher at 111.82. And now there's a red candle touching the nine-period moving average. So I'm looking at this saying, okay, there's a good chance now that the 14-period moving average of 109.99, it's called 110, could be touched. And if it closes above that, there's a really good chance that this left-side low of 108.72 on the 1st of July would be touched. So this is just purely using the technique that I described a moment ago. And now if you go to the charts, I used to have this notated, I simply don't have it now. But in the monthly chart, the big question is, is this a new leg B? And there's a technique that I discovered a long time ago that I call the Chapman Wave Instant Restart, which is the reason why I say that at a peak D, that's where other things can happen. But if you look at the MACD, look how strong the MACD was in the monthly chart when it made this little top back in the month of September of 2019 as 78.14. And then it went, it didn't even touch the nine-period moving average.  And this could be A to B, but I like to be as conservative as possible in my notations, because it gives you a heads up to say, okay, you don't have any cell signal, but what are you looking for? Well, I'm looking for the month of July. If there is a doji camera of the star's stall, then I'm going to be looking for a deeper pullback. But so far, the monthly chart is still very strong. I'm calling it a leg D. Could be an alternate count. And then I have to go to the weekly and the daily to do the analysis. Quite a year that young brands has had, man. Look at that, all-time high today. Quite a chart. All right, folks, we get the market just kind of hanging around at highs. Dow up 130 right now. S&P's positive by three, NASDAQ positive by 10. Come on back, folks. I'll be right back. If you're in the CD market and looking for a secure investment, the Tiger First Mortgage Program may work for you. 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Back folks, Tommy O'Brien with Basil Chapman. Basil, we're gonna give a little Las Vegas update here for the World Series of Poker. I play a little poker myself as some may know, so they got the big main event going on out there. They've been showing some of this on ESPN if you had a chance to check it out. Still going on. This is the one that they usually cover, the main event of the World Series, Doyle Brunson winning it a couple of times. Back in the day, $10,000 buy-in for this tournament. You have 8,500 people creating a prize pool of $80 million in this one turn. Is that a record? Just shy of it, Basil. They had 8,700 people, I believe, back in maybe 2006. But poker on the rise, these numbers. I mean, and what happened was- That's fantastic. Back in 2006, online was just booming, like never seen before. I think it was. They reached 8,700. This number has been rising in terms of, and that's a good hint for the economy itself, as in people meeting on Vegas, gambling. Yeah, I think so. Definitely. You used to be a champ, are you still playing? I still play occasionally. The online spectrum is a little bit segmented in terms of, it's legal right now in Las Vegas. Online gambling has more coming to be. It's legal in New Jersey, I believe. Atlantic City, they're doing some business in terms of online gambling. Nothing like this one tournament though. They're down to 35 players. They've been playing for about seven days now. And the winner of this tournament, there are the chip stacks. You got Nicholas Marchington. He is leading with almost 40 million in chips. I believe you started this tournament with 60,000 chips. So these guys, anybody left? There's a qualifier that you're getting. You cannot get in unless you are- The only qualifier, Basil, is $10,000 cash upon payment. And the winner, to put the payouts with this many people, how about $10 million for the winner, whoever walks away? Quite a price tag. And even if you make the final nine, you're guaranteed a million dollars. And even these people there, and at this point, it's all guys. It's a gentleman-dominated sport for whatever reason. But 261,000, they're already guaranteed decent payout, but they should because coming out of 8,500 people, you're down to 35 left. And, man, these 35 guys, quite the anxiety, quite the excitement. Wish them all good luck. And if you get a chance to check it out, folks, nothing like reality TV when people are playing for $10 million, seeing those emotions. That is a real thing for sure. It is. So back to the market. What else we got that we're looking at, Basil, and Tim? It's kind of important at this particular moment to be thinking that with Amazon Prime coming up, I think that's all he's like, it's just a whisker away from the all-time high. In this particular pattern that I like to look at, it's like a V-shaped pattern. But I really, what I normally do is I grab the top and the bottom, and I draw in a rectangle. And then I make that rectangle smaller and smaller, thinking that the price, if it doesn't take out the low in a short period of time, will work its way to the top. And very often it does it in a shorter timeframe, a shorter timeframe goes to at least a D or an E, which is exactly what we've got here. Look, in the weekly chart, look what happened. You've gone from the high of 20, 50.50 in September down to a low round number of 30, 07, back in December. And now you've got peak A, B, C, D, then there's another little cup formation. And now you're almost back to that level. This is going to be very important for Amazon. And so far, it's acted very well. And I think that that's telling us also a lot about the economy. And that's telling us why there are so many retail stores that are failing. Yeah, and you get, you know, it would make sense just anecdotally as in they have their Prime Day, which is Prime Days Monday and Tuesday, July 15th, 16th. I believe the trillion dollar mark for the market cap for Amazon, somewhere around 2047 maybe. I know they just eclipsed it briefly with that 2050 run. So it would seem fitting, right? They have Prime Day, they push it out. They become a trillion dollar company. That all seems to gel very easily in terms of how that could occur. And it's created an entirely new way of looking at the economy. Every 100 years at the turn of the century, we get some phenomenon, photography in the 1900s, just engines, electricity. And this is the age of basically the internet. And because of that, we've got a whole new way of looking at so many different things. And as I said yesterday, Jeff Bezos says, I think we talk about Prime. He's Prime in this particular move. He's already changed the industry in each sector. And that's, that is quite a phenomenon. I mean, Amazon Web Services, right? Just a dominant cloud player. That is not going anywhere anytime soon, let alone the warehouses and just the products and the delivery vans that they've built out now. They have their own planes, right?  It seems as this technology drive marches on, yeah? Right, so what I thought we would do is just briefly, we look at gold and just see what's happening here. I remember I draw in this rectangle formation and said, in my Chep Wave methodology, something I used in our show very often, he said, if you get this, like we call it like a flagpole, this big move up and then you suddenly get a move down, you can define it by drawing in a rectangle and it is amazing. Even with gold, everyone thought, oh, gold is gonna break out. Ops, gold is gonna break down. It is stuck between 1384 and 1442 and that can stay for a while. And if you look at the dollar, the dollar is also kind of stuck in this range, holding very nicely considering what's going on, but it isn't going anywhere. It's just kind of stuck in this range. And I think that that's important. And we were speaking about Crudo. I remember we were looking for that Leg D. Well, we've got the Leg D and the 200 period moving average is so powerful in my work. You don't ever need it. But when it comes into focus, then it really comes into focus and you can see the W formation that's forming in Crudo in the weekly chart.  It's probably gonna come around, stay around 60 for a little while longer. But if at any point in the next three weeks, if it starts to move towards the 60, 62.50 area, that's 64.83 level in the 200 period moving average in the weekly chart starts to become a magnet. So I like to use these as the same rectangle formation we were looking at. So it was stuck. It could come back, hang around a little while.  If you get to use them and get really comfortable with it, then it doesn't, you don't have a big question mark hanging over the chart saying, where are we going? It says, this is the pattern that could most likely form and if it breaks out of that pattern, you know that you, that's very important. Yeah, and that gold. I mean, if you're a gold bull out there, Tom had talked about it last week in the weeks prior, in terms of maybe looking for a pullback, being okay with a pullback, being okay with that type of consolidation in that box because man, that run that it had from under 1300, yeah, to talking about highs that we hadn't seen in what, six, seven years in terms of the numbers we were hitting on 1400 and change in gold. There it is. Well, there it is. Yeah. The downside was that 1453 level way back in 2016, if I squeeze this monthly chart even more. Yeah. Look at this. You've just been tumbling. I mean, yeah. Right, you're really going back there. 2013, 2014, you wanna talk about a consolidation, right? Basil, how about that box of consolidation almost from 2013 to 2019, right? Where we're sitting? Well, I'm going to show you something interesting. I've got this as a speculation that if at any point gold actually starts to trade in the next two years above 1600, 1650, there could be a huge cup or more like a bowl of consolidation. That says you've got this upside trend line and that could take you all the way back to the September highs of 2011. And so this is pretty good. I'm gonna have to listen to your interview with Tom next week to see because he's in that ballpark at those all-time highs. Not right now, but they're in play if it really makes a run because of that type of consolidation it's had for so long. Folks, we'll be right back in three minutes. Come on back and join us. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability. For the last 12 months, Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, six and three months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. It's amazing to think that Tom O'Brien started his weekly gold report 17 years ago with the first issue published April 7th, 2002 when gold was trading at under $300 per ounce. Gold peaked at more than $1,900 in 2011 and after spending many years consolidating at lower prices, gold may be poised for its next big run. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, South African Rand as well as 25 different mining equities with specific buy-sell recommendations. As of April 1st of this year, the gold report currently has eight active positions with an average unrealized profit of almost 8% for each open trade. New subscribers get a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your gold report subscription today, visit the front page of TFNN.com.  Sign up today. Since 1984, Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion. While originally hand-drawing charts from the late 1970s into the 1980s, Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later, Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. Thus was born the Chapman Wave sequence. Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two-week free trial to the opening call, Basil's daily trading newsletter by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two-week free trial to Basil's newsletter of the opening call today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks. Been a pretty tame hour with markets just hanging around positive territory. We get the Dow up 121 right now. S&P is positive by three, NASDAQ positive by 11. And I mentioned it briefly, folks. Head on over to the front page of TFNN. Basil's gonna be back here at noon. Sign up for the opening call. You get 30 days, 30-day money back guarantee. You'll be ready for action for that weekend. And of course you get access to all those archive webinars along with Basil, whether he's putting out updates on Saturday, Sunday, Monday, the whole deal. So, Basil, what are we talking about at noon? I know we already got tigers asking questions about things we're gonna be covering in the den at noon. What are you gonna be looking at? Yeah, so a couple of things. I had a couple of questions come in. I'm gonna be talking a little bit about the VIX, what I'd be looking for if there was a downturn here, what the VIX needs to be doing to really confirm that you're going to be going down. I'm gonna talk, in fact, now that I've spoken to you about it, I'm gonna do the same thing with the moving average. I'll do that in my show, talk a little bit more about it, just to show, it's just another tool people can use. And the other thing is, I just had an email from someone rarely emails me, but he only emails me when he has some kind of a short or a buy on the market. And he just emailed me to say, what did he say? Put an order to short the spy at 300 and it hit. 300, funny how that 300 hit to the penny. We have lots of round numbers everywhere. I said, I lost track of my round numbers yesterday. I said, yeah, the dials at 30,000. I said, no, wait, the S&P is at 3000, the dials at 27,000. You need to get mixed up with these numbers. Lots of round numbers for sure. So I'll be talking about that. I'll also be talking about just the scenario that we're looking at here, how there's kind of a diversion going on and that I would not be surprised if that we get signals from maybe the IWM, the Russell 2000, the S&P. Earlier next week than the doubt to say, hey, there's a little bit of a consolidation going on. We'll see what happens. Perfect. Well, Basil, I appreciate you filling in this week for Tom. Always a pleasure, man. I really enjoy it. Always like being with you. Thank you very much, Tommy. Thank you, man. Folks, check out that opening call. Friend page, TFNN. Basil coming up at noon. Of course, we got Dave White at two. Larry Pesimento filling in at three. Have a great Friday.


So now that we've confirmed that the drama channels have a little bit of a bias with Jeffree Star and don't cover too many stories about him, I thought we would discuss this situation where Jeffree Star kind of threw some shade at James Charles in his new video. But unlike other drama videos you watch, by the time you leave here you'll be a little bit smarter because not only are we going to talk about psychology, we're also going to talk neuroscience. So moving forward, I want to let you guys know something. I'm done. I am done with the tea, with the drama and I don't want to be involved in anyone's situations anymore. What is up everybody? This is Chris from the Rewired Soul where we talk about the problem, but focus on the solution. And if you're new to my channel, what I try to do is take different topics going on in the YouTube community, try to see what lessons we can learn from them to improve our own mental and emotional well-being. So if you're into that stuff, make sure you subscribe and ring that notification bell. And those of you who are not in the know yet, if you want to understand a little bit more about the bias and everything like that and drama channels versus James Charles, watch the video I just did yesterday about James Charles versus Tee Spill and the drama channels. I dive into psychology as well as some philosophy and everything like that. Go check that video out, alright? So yeah, I got some messages and things like that and saw clips from Jeffree Star's new video. You might not know this, but I do not watch Jeffree Star's content, alright? So I want to discuss this. So a couple things. Not only do I want to talk about bias, but I also want to talk about people changing and action speaking louder than words. So here's the thing. Those of you who know me, like I am against cancel culture. What I really want people to do is just start to understand like why are we harder on these people than we are on these people, right? Why are channels harder on James Charles than they are on Jeffree Star? Now, simple answer to that is the psychology of expectancy theory, alright? People expect Jeffree Star to act the way that he's acting. But I just want to discuss a little bit because Jeffree Star continues to have this kind of free past, but he keeps saying he's going to change. And that's something that he hasn't really done. So those of you who don't know the backstory, Jeffree Star and James Charles, they used to be thick as thieves. They used to be good, good, good buddies. So when James Charles' palette first came out, there was all sorts of stuff happening. So somebody ended up destroying James Charles' palette. And James Charles got very frustrated and upset about it. And he said some things publicly about it. And then Jeffree Star and James Charles, they got together and they destroyed some other makeup that they didn't like. And they donated some money to charity and everything, alright? Like it was a very cool little moment of friendship for them. Also, those of you who know the drama channel Cody Rantz, she had an allergic reaction to James Charles' palette and Jeffree Star and James Charles. They joined together and they shaded Cody Rantz in her new video. And it was terrible. It was terrible too because James Charles' audience went and attacked Cody. And like, let me tell you, what I'm really trying to really talk about in a lot of my videos lately is like, it's OK to disagree with people. It's OK to criticize people. But like the hate mobs and the ridiculousness, that stuff needs to stop. All right? Like we should be able to have these conversations and just kind of get our wheels turning without people getting outraged over these subjects. But anyways, like I said, Jeffree Star and James Charles, they used to be super duper good friends. Now, like if you haven't read my book, Cancelled Inside YouTube, Cancelled Culture yet, make sure you do. It's always linked in the description down in the pinned comment below. So in it, I discuss how I kind of set myself up for failure. When I befriended drama channels. Actually, here's an excerpt from that book. Seven years ago, I was taught everything was my fault. This is a great way to live. When you realize everything is your fault, or at least you try to think that way, you take responsibility and start improving your life. In psychology, they call this having an internal locus of control. So when I say this was completely my fault, it was the dumb decision I made was trying to befriend drama channels and they ended up turning on me and playing a huge part in taking me down. Again, I don't blame the drama channels for this. I blame myself. Blaming them would be like blaming a porcupine for quilling me because I made the dumb decision to pet it. That's what porcupines do. So I can't blame the porcupine drama channels start drama. It's in their DNA. So what I'm getting at is you saw that James Charles and Jeffree Star's relationship was being petty and throwing shade at people and all this other stuff. And that's why we got to be mindful of who we hang out with. You know what I mean? Because what ended up happening was when James Charles and Tati Westbrook ended up having their whole situation and everything like that, Jeffree Star was going off. And if you're watching this video, I probably don't got to dive too deep into it. But Jeffree Star, he made very serious allegations against James Charles. Like very serious, like the type of allegations that could get somebody arrested. And Jeffree Star said, I have receipts. I'm going to expose them and everything like that. But after teasing everybody with this, Jeffree Star decided to be the bigger person and he came out with this video where he said he wasn't going to do that. And I knew it was going to be hurtful to James and I didn't really think about how you would feel. And I'm so sorry. So moving forward, I want to let you guys know something. I'm done. I am done with the tea, with the drama. And I don't want to be involved in anyone's situations anymore. This was a huge wake up call to reel me in because I have been really healing myself. I'm in such a good place. So for me to digress and go back to Jeffree from years ago, I'm embarrassed of myself. So this video was from months ago. And this is what I'm talking about when we talk about actions speak louder than words. One of the things is, is that the news cycle, especially in the beauty drama community, it moves so fast. A lot of us forget what people say and everything like that. So here's a great example. I remember when Logan Paul did the infamous Logan Paul thing, I was like, OK, when somebody apologizes, like, it takes time. You don't just immediately forgive somebody. You have to see, do they improve? And to be honest, like where Logan Paul is now compared to when he was in Japan, like, it's it's much different. Like he's not somebody that I would personally kick it with. But he has been a lot less controversial as time has gone on. So like good for him. But like we were able to watch that growth with Jeffree Star.  I don't want to do it. But then today in his video, he said this. Well, they got wet and wild. I wonder if they have new James Charles palette. OK, they have LA color. They have. It's right here, you guys. Oh, my God. So I just want you guys to think about that. I've talked about this on my channel before. Like you need to realize who you're watching is influencing your thoughts, your behaviors, your mood. All right.  If you keep watching certain types of content, it's it's going to affect you like hell. Like maybe my contact content affects you in a negative way. Quit watching it. Watch things that improve your thoughts and your emotions and how they go. But like when you're watching people just constantly be petty and everything like that. How is that benefiting you? But anyways, as many of you know, I've been really diving into like moral psychology and everything like that. So we sit here and we ask ourselves, like why will the drama channels like cover so such small stories when it comes to James Charles but not from Jeffrey Starr? So anyways, in the book I just finished, The Righteous Mind, which I highly recommend, they talk about this neurological study that they did. So this was actually during the Bush administration, all right? So they took conservatives who backed Bush and they talked to him and they played into their confirmation by us. They're like, oh Bush is a great person. Yay. And when your beliefs are confirmed, they can actually see that your brain spurts out dopamine. You get pleasure when your beliefs are confirmed, right? But then they told the people who are hooked up to the FMRI that Bush said nothing but good things about like the president of Enron, OK? And if any of you know about Enron, that place like they ended up getting in a lot of trouble because they're doing shady things, they hurt the market and all sorts of stuff, right? So when they pointed that out to the people who were conservative and backed Bush, it started to trigger the receptors in their brain for pain and for fear, all right? Because what happens is it starts challenging their belief. So their belief is this is a good person. This person doesn't do anything wrong. So their brain started to get conflicted. We don't like our beliefs challenged. But anyways, when they ended up telling them that George Bush later on came out and he spoke up and said, hey, you know, my opinion's changed. I've distanced myself and dah, dah, dah, dah, dah. People were like, ah, right? But when given the exact same kind of scenario to those people about a democratic person or a liberal person who they didn't like, they weren't going to give them nearly as much leniency, all right? And that's just the way our brain works. Like I said, I don't expect any of you to flip a switch, but just be mindful of it. Like when we talk about the bias in the drama community, this is why when their brain is leaning more towards Jeffrey Starr, they're gonna minimize every single bad thing he does. But since a lot of the drama community doesn't like James Charles, he's going to inflate everything that he does. So just recognize that. Watch drama channels all you want. Watch my content all you want. I just want you to be able to take some of this information and bring it outside into the real world and try to improve your life, all right? But the last thing I just wanna remind you of is just pay attention to people and remember, actions speak louder than words, okay? But anyways, like I said, down in the description, down in the pinned comment, if you haven't picked up a copy of my book, canceled, inside YouTube, canceled culture, make sure you get it because I also have an entire chapter about people who are immune to cancel culture and it's people like Jeffrey Starr, Tricia Payness, Keem Starr, Shane Dawson, and Tana Mojo, all in that chapter. So go check it out, all right? But anyways, that's all I got for this video. If you liked this video, please give it a thumbs up. If you're new, make sure you subscribe and ring that notification bell. And a huge, huge thank you to everybody supporting the channel over on Patreon. And a huge thank you to everybody else who supports the channel in other ways, like getting my merch or my books and all that kind of stuff. You're all amazing, all right? Thanks again for watching. I'll see you next time.


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If you're bothered by a sin, keep being bothered by a sin. Will God forgive you for multiple sins? I mean the sins that you're constantly struggling with, whether it's something with some sort of addiction, maybe it's something sexual. You're struggling with a lustful sin. Pornography.  And yes, this is a struggle for evens, for some Christians who are desiring to come out of that lifestyle, but there still might be this lingering struggle. Those who have anger issues, those who have other issues, things dealing with something that happened to them in the past and is showing back up, not being able to forgive, all of those different things. What do you do if you keep falling for the same sin over and over again? Because at some point in time, you even find yourself getting tired of having to say, Lord, I'm sorry for the same sin. I don't want to have to keep saying I'm sorry. As a matter of fact, I'm sick and tired of saying, God, I'm sorry, I want to get past that. And what naturally will happen is, you might even begin to question, am I really saved? Because after all, what Christian has to struggle with sin? Well, can I be honest with you? Every Christian, just like everybody else. Here are the people that sin. Let me just run down the list of the folks who sin. There are those like yourself who are Christian, who sin and it bothers them. There are also those who profess to be Christians who sin and will act as though they don't sin. Then there are those who profess to be Christians who don't care about their sin. And then there are other people who aren't Christians who sin and could care less. Those are really the four categories. You happen to be hopefully in the right category. The category that you are bothered by your sin. But can I tell you something? Something kind of comforting is that you're not alone. As a matter of fact, if we go to the Bible, Paul had his struggles as well. Starting in verse 15, for what I am doing, I do not understand for I am not practicing what I would like to do, but I am doing the very thing that I hate. I can't stand this thing. Maybe it's pride. Paul's issue that he tells us about is his pride, boastfulness. And so what does he decide to do? He decides to boast on how good God has been, how God has delivered him from certain things. But everyone has an issue, including Paul. Notice what Paul is saying. He's saying, but if I do the very thing I do not want to do, I agree with the law, confessing that the law is good. So now no longer am I the one doing it, but sin wished was. I mean, so Paul's acknowledging that he, just like everyone else, because we still have this flesh. We still have to deal with this skin. All of this, we were delivered on the inside, but what will never be delivered will be this flesh, which is why Paul says that we should have or we should not let sin have dominion or mastery over us, but we should subdue it. And so we, we continue to grow and push forward so that we will have less and less sin. You will never be as long as you're on this earth, sinless, but as we say before, you will sin less. And so what does Paul say? He says, For I know nothing good dwells in me that is in my flesh, for the willing is present in me, but the doing of the good is not. In other words, I want to do good, but oftentimes the wanting to do good isn't followed by the actual doing. Is that a problem? Well, it could be. Look what he says, verse 19 says for the good that I want, I do not do, but I practice the very evil that I do not want, but if I'm doing the very thing I do not want, I am no longer the one doing it, but sin which dwells in me. In other words, there is this, this fight, this battle, this constant fight. As a matter of fact, if you are Christian, I can promise you that you have gained the attention even more so of the demonic realm. The enemy wants to come after you. What he really wants, if he cannot keep you from going to heaven, he would like you to live on this earth in a defeated fashion before you get there. And unfortunately, we've got a lot of people who are just struggling. In many cases, unnecessarily, some folks are struggling because they're actually not believers, but there needs to be at the very least a struggle, a tension. Because if you find yourself sinning and there is no remorse, there's nothing that bothers you on the inside. Well then, Houston, we've got a problem, but if there is some sort of problem that at least indicates that there is some sort of conviction. Paul in verse 23 says, I see a different law in the members of my body waging war against the law of my mind and making me a prisoner of the law of sin, which is in my, which is in my members. He said, wretched man that I am, who will set me free from the body of this death. This thanks be to God through Jesus Christ our Lord. So then on the one hand, I myself with my mind am serving the law of God, but on the other with my flesh, the law of sin. He says, there's nothing good in me except, except the spirit. That's what's going to deliver us because if we do this one thing, that is, if we recognize our sin and then fall on him, there's a passage that Jesus brings up. I won't go to about, I'll just kind of mention it in Luke 7, where this woman who has all these sins and he said, he poses a parable or a story to Simon, not the disciple, but this Pharisee named Simon. And he says to him, two people owe money, one owes a lot, one owes less, and both are forgiven. Who will love the person that forgave them the most? He says, I suppose the one that has been forgiven the most accurately stated. Jesus states that he who was forgiven much will love much. And the person who is going through, notice the woman there in this picture, she is broken. She is down. She's bothered by her sin, but she's still focused on worshiping the Lord.  And there's still this desire, this fixation inwardly, of you worshiping the Lord, of you going to Him. Matter of fact, let me just give you how David puts it in Psalm 51. He says, cleanse me. Matter of fact, let's go to the very beginning. Let's start in verse one. He says, Have mercy upon me, O God. According to your loving kindness, according to the multitude of your tender mercies, blot out my transgressions. God, I want to stop sinning. I've got this promise issue and I don't like it. He says, Wash me thoroughly from my iniquity and cleanse me from my sins for I acknowledge my transgression and my sin is always before me. That's the key. Acknowledging the fact that I've got these sins that I'm by, there are some folks that don't ever acknowledge the fact that they do sin or especially even publicly. They will have you believe that there's nothing wrong with them. They're okay. But you, on the other hand, you've got issues. He says, First, for against you and you only have I sin and done this evil in your sight that you may be found just when you speak and blameless when you judge. Behold, I was brought forth in iniquity and in sin my mother conceived me. So he understands the kind of fallenness that he is born with. But look what he says in verse 7, Purge me with hisso and I shall be clean. Wash me and I shall be wider than snow. He says, Make me hear the joy and gladness that the bones that you have broken may rejoice. He says, Goals on the sake, creating me a clean heart, O God, and renew a steadfast or some verses might say a right spear within me. His point is, I want to be fixed to this. So I want to draw closer to you because the closer you get to him whatever the issue that you're struggling with, the further they get away. We're not going to deal with and confront the sin. We're going to deal with and confront God. Let God, my closest with him, be the reason and be the only way that I can get rid of this sin. But notice, there has to be a brokenness, a contriteness. That's what he wants. The sacrifices of God are broken and contrite hard. He wants to know you need to know that yes, I've struggled with whatever the different sins and I'm tired of it. Well, that indicates it should indicate that there's a brokenness, a contriteness in your inwardly and that the only person that can fix it is who you go to. If you're constantly going to your friend or the self-help books or YouTube or the internet for your help, well then, that might be a strong indication as to who you're not looking to. But if you go to God, that's a good indication. One, that you're acknowledging your sin, but then two, who the help, where the help is coming from. So I would like to encourage any and everyone, really all of us who struggle with sin. Some struggle with it from time to time. Some struggle with a little bit more than others. Some struggle with it every now and then. Sin is an issue that's ever present with us on this earth, all the temptations. And so my encouragement is just to do this one thing. Keep doing what you're doing. If you're bothered by sin, keep being bothered by sin and keep going to the one who can fix this, who can alleviate it. The more that you worship him, the more that you draw close to him, the more that you focus on him, I can promise you this. And I'm not a prophet. I can tell you what I know and I can tell you what the book says. You draw close to him, one that and you will flee. But watch your relationship with him grow and watch sin decrease in your life. Amen.


Hello, friends. This is Dheeraj. So today also I have taken up a question. And this question is from radioactivity chapter. So let's see what this question is about. So you can see a question, which is there in your screen. A charge capacitor of capacitance C is discharged through a resistance R. So whenever you hear such thing, immediately that formula comes into mind. The charge at any point in time should be equal to q0 e to the power minus T by RC. So this is a formula for discharging of the capacitor. Then a radioactive sample decays with an average life tau. So average life is tau. So lambda is equal to what? 1 by tau. Because tau is equal to 1 by lambda. Find the value of R for which the ratio of electrostatic field energy stored in the capacitor to the activity of the radioactive sample remains constant in time. Now, energy as a function of time in the capacitor, how will we find out? Energy is q square by 2C, isn't it? And charge at any point in time is given by equation number 1. So I can use equation number 1 over here and write the sound as this will be q0 square e to the power minus 2T by RC. This is q square that divide by 2C. And the ratio of this, the energy to the activity should be constant. Now activity is what? Activity of a radioactive sample is dn by dt. And dn by dt is, if I just talk about magnitude of the activity is lambda times n. And n as a function of time is given as n0 e to the power minus lambda t. So this is what we have. And now if I take the ratio, the ratio should be independent of time. So if I take ratio of energy with activity, let's say activity just dn by dt, if I write it like this, what I'll get is q0 square by 2C lambda n0 e to the power minus 2T by RC multiplied by e to the power lambda t.  So let that be a constant k. This is k into e to the power minus of 2 by RC minus lambda times t. Now if this ratio is independent of time, then what should happen? The ratio is independent of time, then coefficient of this time should be equal to 0. So 2 divided by RC minus lambda should be equal to what? 0. We need to find what? We need to find the value of r. Now the value of r from this, you will get it by solving this equation. So 2 by RC, 2 divided by RC is equal to lambda. So r is equal to what? r is equal to 2 by C times lambda, where C is the capacitance. So this is how you solve this particular question. So I hope you have learned something today. In case you have any doubts, please feel free to get in touch with us. Thank you.


We're here with Daniel Bernard, who's CrowdStrike's chief business officer and leads the company's channel, alliances and partnership efforts, and the go-to-market strategy for the all-important SMB segment. And he's joined by Rahul Tikhu, who is the senior vice president and general manager of the client product group at Dell, the company's largest line of business. Gents, welcome. Good to see you. Great to be here, Dave. Good to see you, too. Guys, I've been really excited to have this conversation. Daniel, since we last talked at Falcon, CrowdStrike's annual customer event, the small and mid-sized business sector, it's so important. They struggle to protect their employees, their customers, and their data from cyber attacks, and they don't have the resources necessarily to do that. So when I found out about the Dell CrowdStrike Alliance, I was really intrigued. It's evolving. Daniel, what was the genesis of this partnership? How did it all come about? Well, the partnership with Dell is really a special go-to-market effort for us. If you look at Dell, roughly one-third of the PC market, some years more, and really an enterprise leader and a leader in all segments of customers, where do customers start their cybersecurity journey? It starts on the endpoint. So coupling these technologies together, the best computing devices and user compute in the market with the very best cybersecurity in the market, it just makes sense. Maybe you guys could each talk about the motivation for Dell and CrowdStrike forming this partnership. How do the respective strengths of each company better serve customers? Ro, maybe you could go first, and then, Daniel, you can chime in. Yeah, no, thank you for that question. The way I think about this is the world has become a lot more hybrid, sort of how we're working right now, right? People are working, paying, learning from it anywhere, anytime. And Daniel also tells us, like Daniel was saying, 90% of the breaches are happening at the endpoint. And so as we're designing solutions to block and respond to threats where they occur, whether it's on the device, the network, or the cloud environments that we work in, at Dell, we're delivering industries most secure commercial PCs that sort of foundational, that's built on top of our secure supply chain operators, hardware security using Intel V Pro, authentication, security using SafeID, hardware biosecurity feature called SafeBios. And it was only natural that with CrowdStrike we're able to now equip customers with extensive management capabilities that extend above VOS and integrate all of these security features into a single pane of glass that our customers can use. So I'm really excited about this partnership. Anything you'd add to that, Daniel? Just to add to Raul's comment, I think when you start moving down market, the buyer for cybersecurity, in many cases, is the same buyer for end-user computing. So we're able to solve these problems together, bringing not only the best devices to these businesses, but also cybersecurity that works, cybersecurity that is powered by AI, cybersecurity that stops the breach. The market knows Dell and knows Dell's leadership position. The market also knows CrowdStrike. And so I think what's special about this is we're bringing two of the leading brands, the brands that customers want, to the forefront, and the tech works together and it's easy to buy. So it's a pretty powerful value proposition for the customer. So I want to dig a little bit into the specifics of the Alliance for SMBs. What are some of the particulars in terms of what organizations can expect when they're working with Dell and CrowdStrike? Raul, specifically, what's in it for the SMB customer? Yeah, so we announced the addition of the CrowdStrike Falcon platform to our Dell Safeguard and Response portfolio back in March. Our Safeguard and Response portfolio is comprised of a suite of solutions that are designed to prevent, detect, respond, and remediate attacks in all sizes of organizations globally. You know, like Daniel was saying, CrowdStrike Falcon platform is an industry-leading cloud-native platform and we're really pleased to offer this solution to our customers. So, you know, we've expanded and broadened our Safeguard and Response portfolio. We're building on our best-in-class and scalable solutions and helping these small and medium businesses and their journey to zero-trust architecture. Another great thing that CrowdStrike brings to the plate is that it's FedRAM authorized, right? So if you think about this, this is the level of authorization required for defense contracts. So really, really excited. And, you know, we're ramping this set of offers for our customers jointly. So obviously, Daniel, you've charged your routes to market for SMB. I mean, this is a huge uptick in that channel. Maybe you could talk a little bit about sort of what that entails from your perspective, sort of what this brings to the SMB. Sure. And I think it's important to note, Dave, that this is really a cross-segment endeavor. Like Rahul was saying, the world's largest and leading enterprises, they purchase from Dell. And so our technology is fit for purpose for them. The Falcon platform is offered to these customers and the entirety of the platform through Dell. Then you have medium enterprises where it's fit for purpose. What we're doing scales so nicely across the stack, there's the critical missions for government that we work together on doing transformational work to bring leading cybersecurity to Dell customers and federal agencies. Then if you think back to your question, Dave, the SMB market, this is we're making it extremely easy to buy matters and positioning and making sure we're in front of the customer at the right time matters. And that's where what we're doing together on the box is so powerful. Helping Dell customers at the point of sale as they're buying their PC that they're going to use for the next three or five years, making sure that PC is fortified with the right security. And so we have a very compelling offer together with Dell, where we start a Falcon platform journey with those customers, leveraging our best and breed AI native technology so that organizations, many small and medium businesses, can not only detect and respond but also prevent attacks before they even occur. And if you think about the scale of Dell worldwide, it's really a huge market, the long tail of SMBs, over 50 million SMBs in the world. So Dell becomes a meaningful force multiplier for our business in this area. Can you guys comment on what the response has been in the marketplace? Are there any success stories that kind of demonstrate the advantages or better customer outcomes? What kind of evidence do you have that this is working? Well, first, this is a global partnership. So I think it's really exciting that off the bat, we've sold in every major operating continent large deals, as well as scale deals through SMB. We've worked together on healthcare providers, we've worked together in the federal space. We're seeing great commercial momentum across every segment. And then launching the on the box offering, we're seeing significant attach rates there already. So what I'm really excited about is what our sellers here in the field and what they hear is their Dell colleagues and peers calling them up saying that there's customer demand. We're seeing pipeline grow, we're seeing the sales results grow and everything is ahead of our expectations. So we're off to the races. There's still so much more in this partnership that we can do that we have on the roadmap in terms of new offerings and new capabilities. But off the bat, global representation, global scale, global reach and adoption across every customer segment that we're serving together. Thank you for that. Well, maybe you could address it as well. I'm curious as to, you know, are there typical use cases that stand out? I mean, Daniel mentioned a number of sort of industry applications. And how complicated is it for an SMB customer to actually adopt? Yeah, no, I think, you know, I'm, I'm a tech geek at heart. So I want to geek out a little bit and kind of demonstrate to you how one plus one plus one in this case is a lot of three. But what did it happen? You know, we have been working very closely with CrowdStrike and Intel. It is not just taking CrowdStrike's off the shelf solution and offering it to our customers. It's really a very tight relationship where Dell, Intel and CrowdStrike are integrating our solutions together. Right. So I'll give you a few examples of that. Right. First, you know, we're leveraging our secure commercial VC heritage. Right.  And then, you know, our solution also has all the hardware telemetry that we can make available to or we make available to the CrowdStrike Falcon platform where, you know, we are probably one of the very few as not the only PCWe architecture that's taking all this below the OS hardware security and integrating it into CrowdStrike's console. Second, you know, what do you think about Intel? Intel has a set of protections, too, that will Dell and CrowdStrike are leveraging.  Think of, you know, some of the below the OS Intel features like Intel hardware shield, Intel bios guard, Intel boot guard. All of these things are leveraged as a part of our below the OS security suite. And we're also doing secure office firmware verification for the Intel management engine. The second set of protections Intel has this technology called Thread Detection Technology that's leveraging their integrated GPU, which is available on most Intel client platforms to do critical memory scanning functionality. And CrowdStrike is using this advanced memory scanning to find suspected malware in memory to detect fileless attacks. Not only that, and as you sort now think about CrowdStrike in the software layer, we just talked about advanced memory scanning, but CrowdStrike also had hardware enhanced exploit detection, which looks for other similar memory use exploitations. There are also device level security notifications where CrowdStrike's console is integrating all of the great telemetry that Dell and Intel are providing to make it truly an insights based single pane of glass that organizations of any size can leverage, right? So I think that's very unique, right? I don't want you to leave with a, it's just the CrowdStrike Falcon offer. It's really the partnership and how we're bringing the value of one plus one plus one equal to much greater than the sum of parts, which is very important for our customers. They don't have to do anything, they just buy the Dell commercial PC with the CrowdStrike offer and Intel V Pro CPUs to get all of these protections. I really appreciate that because this is more than just a go-to-market press release. It's deeper integration into the silicon, you're exploiting the silicon all through the hardware stack and it's integration with the CrowdStrike software. So I appreciate that nuance there and I don't really have to do anything, I just get it. It's Intel and CrowdStrike inside. Daniel, I want to ask you differences between S and M, small and mid, I mean.  They might not even have a sock, but they got more resources than the small companies. Can you share with the audience the differences there and how they might think about security, you know, generally for those different constituencies? Sure. The first thing, Dave, is that everybody's thinking about cybersecurity. Companies that are super small, medium-sized, large, this is a top priority from an IT spend perspective. So that's what unites them all. Everybody is prone to the breach and ransomware and malware. They don't discriminate between business size. They're out to get everybody for financial gain and more. So that's the big problem statement that unites all these folks together, but how they operate cybersecurity is very different. If you go down to the S of SMB, there may not even be anybody operating IT, let alone cybersecurity.  So making cybersecurity that just works, that is easy to deploy, easy to configure with just a click, that's super important. And if you look at offerings that we have on the market like Falcon Go, it really personifies and brings to light that use case of a prosumer style application that just works. As you go up to medium enterprises, that's where use cases like EDR start to become much more prevalent where you need prevention, you need detection and response. You start to talk about securing identity, securing the cloud, understanding data protection as well. And this is really where the power of the Falcon platform comes to bear, where you start with one use case and you can grow to others without having to deploy any new software and of course no hardware in our business. That makes all the great hardware for that. So that really starts to speak to some of the differences. The other thing that I'd like to cover Dave and mention is half of the market or close to it is still using legacy AV. And if you go to the large enterprises they know legacy AV doesn't work signatures don't work reactive cybersecurity doesn't work. Businesses of all sizes needs something better needs something proactive needs something AI driven. And just as the digital transformation that we've all seen, and every other aspect of business has occurred. That is the transformation that together Dell Crowdstrike and like Rahul was saying Intel, that is what we're bringing to light for businesses of all sizes it has to be easy we have to meet them where they are. And it has to also be the right technology for the right market segment. So back to the little s that just needs something that's one click that works, and then you go up to the medium enterprise, and then need start to become a little bit more bespoke, more visibility, as well as more automation around remediation. These are all capabilities that you can get natively on the Falcon platform. I'm glad you mentioned that Daniel because when I when I really started getting into following Crowdstrike, you know I was lulled into this state of complacency thinking my antivirus was taking care of me at my end point and it's, it's clearly not things have changed. I want to make an observation and then ask you guys to comment. So, as we entered COVID we saw obviously big uptick in need for laptops and we saw the ascendancy of Crowdstrike in a big way, as we had to protect remote workers and then as we exited the isolation economy obviously PC demand you know ebbs and flows. But we saw this trend the premise of navigating the road to cyber resiliency in this summit is that the the worlds of data protection backup recovery etc. And cybersecurity were kind of an adjacency and now we see them throughout the year really getting smashed together in a big way do you see that do you see data protection as a fundamental component of whether you call it zero trust architectures or frameworks. Do you guys see that Raul maybe you could comment and Daniel I don't know if you have anything to add. Yeah, no I think I can start by saying that if you sort of think about what has happened in the world. You know the attack vectors have changed and the attack circumstances increased right data is sort of the new oil and data protection like you said is key to any industry it's key to protecting IP in any industry. So we're seeing a couple of different things right. So we're seeing finalists malware is now the dominant execution method for cyber attacks. Right. So, when you think about what Daniel was saying previously. Yeah, it made legacy gr software protections. So you cannot depend on legacy gr protection. So, you know, with crowd strike and heat, which is the upgrade and six point detection that I talked about that works on the basis of the underlying telemetry. Crowd strike is really reimagined how to stop these five less attacks data by using accelerated memory scanning algorithm. Right. That's really unique in what we're providing in the platform to protect these attacks. Second, what we're seeing is former attacks are also becoming prevalent. There was some industry research conducted by two term during the pandemic and 44% of the organizations reported at least one hardware level or bias level attack in town years 2020. And so when you think about that, and that, you know, the built in bias and former protections opposed into management engine for more education and then exposure of all of that to crowd strike single pane of class. You're able to really get underneath those attacks and control that right. And so in the end, when we think about key customer benefits, really what we're doing is reducing the attack surface. Significantly, improving the threat detection that together crowds trying to let Intel, whether the technologies are getting together and are setting up this whole idea of zero trust, right. Organizations are about better position to maintain policy compliance device trust as you sort of progress in that zero trust journey. Given that most of the threats are starting at the end point having secure devices sort of becomes foundational in a zero trust world. And then finally, optimizing security investments right is there's a lot of tools that are customers inches. Right. But in this particular case, they can actually bring a lot of their investments together into the commercial PCs Intel, we promote silicon and crowd strike as the XDR platform of choice to be able to really optimize get the full protection that they need. Great. I don't have anything else you wanted to add to that. No, Rahul, you said it very nicely. I just add from a business and market perspective. Really what's going on the operative term of the day is consolidation. It's not just between data security and endpoint security. It's really a wholesale consolidation that's going on in cybersecurity. If you look at cybersecurity today, there's over 3000 cybersecurity technology companies out there. And customers are saying, I'm looking for a platform. I'm looking for a platform that will help me solve multiple problems with a single form factor that will allow me to consolidate my spend that will allow me to get more output for the same inputs that are looking ultimately and most importantly to stop the breach. And I think what really differentiates crowd strike in this market is we were built for this consolidation wave that's happening right now. We've got 27 modules on the platform. We disrupt multiple categories of cybersecurity and we blend them together so that the customer has a single pane of glass and can manage end to end, whether it's EDR XDR identity threat detection response cloud security. We also use cases like Falcon for IT where we're replacing endpoint management technologies, hygiene and compliance technology. So the space is really littered with a lot of vendors and a lot of different point products and tying those things together into a platform is really important. Part of that consolidation also is a go to market consolidation where customers are looking to solution providers like Dell to say you're making great devices. Help me keep that device secure. It saves them a conversation with another vendor later or multiple vendors later so the operative term of the day is really consolidation. And I think we are driving consolidated outcomes, but we're also changing the way that we bring the software to market and that Dell brings cybersecurity to market by partnering bringing customers best of breed technologies, having it pre integrated getting our customers out of the integration business, taking care of that for them and working with trusted industry partners like Intel. It all comes together nicely and lands in the lab so that it's plug and play. You got to simplify in this day and age guys, we're out of time, but such a good conversation flies by. One last question for each of you. When you look ahead, you know, how do you envision the collaboration between your two companies evolving to stay ahead of these ever changing and emerging cybersecurity threats. Yeah, I can I can start and then people jump in. I think there's a couple of vectors that will continue to collaborate on. You know, first, we talked about hardware resisted security out being shown the attack service that will continue to be a big thing, right as we need to continue to go drive a layered approach to security below the OS above the OS hardware and software to really reduce that attack resistance. Second, you'll see new tools and capabilities think about artificial intelligence that's a big new technology bear alive that is going to also come into the space that can be leveraged by crowds try to go provide increases levels of threat detection response utilizing all this great telemetry and data that the product is generating in terms of but how it's being used. So I'll just draw a whole comment that services is a great area for collaboration that we're looking towards in the future collaborating on helping customers operationalized cybersecurity, helping them benefit from having a sock. These are areas where we can bring best of breed capabilities from both sides to help again meet customers where they are so we're going to collaborate more on the technology. So we're going to continue collaborating and refining the go to market and enhancing the overall customer experience of helping customers operationalized cybersecurity. Guys, guys, great job today. Thank you for keeping the little guys safe. A couple of big companies doing doing your part really appreciate your time. Thanks a lot Dave take care. Okay, keep it right there for more conversations live and on demand from our Palo Alto studio you're watching navigating the road to cyber resiliency a summit to educate and inspire companies to improve their cyber defenses. We'll be right back.


As COP26 got underway in Glasgow, Kenya's reactions were mixed in Nairobi on Tuesday. The agenda for the conference has been set up as an effort to get world leaders to fully commit to tackling climate change in a serious way. Many have expressed concerns that the actions won't go far enough. In Kenya, environmentalists and climate change experts Nemenya Daniel Naburi said solutions must not be a one-size-fits-all approach.