My name is William. I co-founded a tech company, internet company from Indonesia named Tokopedia. So I consider myself as an entrepreneur by necessity, entrepreneur by accident. So this is my story. I was born in a small hometown in Sumatra Island. Indonesia is an archipelago country, 17,000 island. When I graduated from high school, my late father and my uncle want me to have a better chance of life. So they believe that better chance of life start with a better education. So they give me opportunity to go to university. So for the first time I'm living my hometown to a boat for four days and three nights. Arrived in capital city of Indonesia, Jakarta. And I started computer science. But on my second year, my late father start to falling ill. In order to stay in the university, I try to find a job. And my first job is to become internet cafe operator. On the night shift from 9pm to 9am every day. And that's become blessing in disguise. Because this is year 1999. When internet is still a luxury product in my country. So that's the moment I have the idea to build Tokopedia. Because I see the inequality of opportunity. People in a small town, they don't have access. A local maker don't have access like a people in a big town. Their market is very limited. And also there is a trust between people that already connected through online. But they don't trust each other to do online transaction. And I see that internet marketplace model. Like Alibaba in China, eBay in US solve this problem. And I want to start the first online marketplace from Indonesia. But the problem is I don't have any capital to start. 10 years ago not the right year to start business. Because my father get cancer. And I'm the only worker in my family. So I try to raise money. Inspired by this Google founder, Facebook founder. Is a young entrepreneur that can start their business. Because they able to raise money. I try to pitch to all local rich that I know. By 2-3 years 2007, 2008 and 2009. Every time I pitch about the idea. No one believe about the idea. Because at that time people will ask me 5 questions. The first question they will ask. William, can you tell me one person in Indonesia. That being successful or wealthy. Because they are doing internet business. I cannot name one. There is no role model. The second, they are afraid about the competition. They said that you just want to beat. eBay of Indonesia or Alibaba of Indonesia. If you prove to the world that Indonesia need marketplace. Everyone will come. And how can you compete with them. They have a better capital. They have a better know how. They have a better technology. So fear of global competition. The industry do not have the track record. And then they will ask me my personal background as well. With family that you come from. I come from humble family. With university that you graduated from. I consider myself graduated from internet cafe. I never went overseas. I never went abroad. I didn't speak English until 2010. And then they also ask what is your entrepreneurship background. I never start any business before. I just work for internet cafe. And then work for a couple of local company. So I even not raised in an entrepreneur family. My father is also just another worker. So there is no track record of my personal background as well. And then one moment that changed my life. Is when this potential investors say to me.  So don't waste it. Don't daydreaming. Your role model is all come from Silicon Valley. They are all special person. They are born special. You are not. So find something more useful. And then that is the moment that I find a purpose of my life. Because the reasons I want to start my company. Is to solve trust issue. But when I want to start my business. I realize that it's all about trust. And unfortunately trust in emerging market. Or perhaps anywhere in the world. Is measure by a track record. Measure by your past history. Not by your future vision. My startup dream. I learned about how to fight as an underdog. And fight as an underdog. You need to have a treatings. The first things that I learned is having a corrects. That is the moment that I have a corrects. To believe that. Past is something that we can no longer change. But future. We can still save our own future. I have a corrects to believe that. This learning that I go through. Is actually become the purpose of my life. If I can build a marketplace. Like Tokopedia. Then I can help a lot of people. And I can help the next generation. To believe. And to have a platform. To start and grow their business online. So I start with a corrects. And then of course. The second things that I learned is about perseverance. I didn't speak English until 2010. But in 2010. There's a first momentum in Indonesia tech startup. Yahoo acquiring a small startup in Indonesia. And then for the first time Indonesia is in tech crunch. US based tech news. And then after that a lot of venture capital comes to Indonesia. Private equity and all comes to Indonesia. And I had opportunity to meet with them. I'm so excited. But for the first 10 minutes. I tried to pitch about my idea. They start to say that William.  Because I didn't. I understand English by reading and listening. But I have a difficult time. To have a conversation in English. Today I still speak broken English. Imagine 10 years ago. It's like very, very terrible. But I learned that I didn't have a choice. I need to have a global. Because Indonesia is an emerging market. And all the competition comes already. Only 6 months after we launch our product. eBay enters the market. And then one year after that Raku 10 enter the market. So all the global giants. When you're building a tech company. Since day one you need to be ready to compete with global players. So I know that I need to have a global exposure. So that's where I learned about the perseverance. I'm lucky enough to meet with Japanese investor. They have a history to invest in Indonesia market. And the English is also not very good. So they have a better empathy to my English. So they give me opportunity. Another story about perseverance for example. The first things that I did after I start my business. It goes to my university. Because I believe that starting a tech company is all about a people. I try to hiring people there. So I stand 2 days like this. I stand 2 days to convince a young colleague student to join my company. No one apply. Because no one believe that Indonesia or emerging company can build a technology company that can compete globally. And I'm a very in profit and side persons. So imagine. It's hurt me so much. But I learned that if I don't share my dream. Then no one will trust me and will join me. So I start to take opportunity like this. Speak in small forum and so on. And turn out today we already employ 1300 people. So it start from a small idea. A small journey. A lot of failure. But eventually with the correct perseverance we can make it. So why I can have that correct and perseverance. It's because of hope. When that moment when I heard about this advice. William don't waste your youth. You only live once. Don't day dreaming. I actually remind about the founding father of our country. That take our country to be independence. In senior Sukarno. He once said in a public that we need to dream very very high. So the word is a Bermimpilah setinggil angin jika kau jatuh kau akan jatuh di antara bintang-bintang. To dream as high as a sky. If you fall you will fall amongst a star. So to dream as high as a sky. If you fall you will fall amongst a star. So it's very sad for me when our country is founded by this visionary president that encourage everyone to dream as high as a sky. But we have our independence not only like 70 years. Today 72 years. We already as a generation forget to dream high. We already encourage the youth to not dreaming. To stop day dreaming. So that's a bit about my story. To share the session together. So if you have any questions about the startup dream or if you can share anything about your startup dream I'm happy to have that conversation. Thank you very much. India, there is a resource of technology people. Because all they went to America, they come back. Versus Indonesia, many of the highly educated people go back to their family business. So you don't have, he says Indonesia they don't have a resources for the venture business. What do you think about it? So it's a very true. But I think that we need to always change that situation. So like my original point we can no longer change the past but we can change the future. So I give example. First time when we want to start our company I stand 2 days no one want to join us. But last year during summer holiday then there's a message from 2 students from university. So this is Indonesia, William can we have summer internship at your company? So they are no longer join investment bank or like a consultant firm they are go back to Indonesia to join a tech company because they believe that this can have a big impact. And surprisingly after taking that summer internship one of them actually don't want to go back to school. They don't want to continue finish the MBA but I have a big problem to convince their parents. His mom and his dad don't want that idea. It's a son drop out of the school just to join the start up. So I think the situations can always be changed. Like today Tokopedia already have more than 1.5 million small business owner to start and grow their business online. So the entrepreneurship spirit is actually there and today the company is already multi billion dollar company something that we don't think of something that I never imagine at the early days of the company but I always believe that past we can no longer change but whatever the situations we can hope for the better future. So you mentioned the point that there is a lot of international competition which eventually comes into the country. So how do you stay ahead of them given they have all these of them and compete effectively? I always believe that internet generation is the luckiest generation ever because internet generation is the generation of underdog, the era of underdog. In the era of underdog it's about challenging the status quo against all the odds, somehow survive and eventually win. If we see that in US Google, they are not the first search engine in the world but they are challenging the status quo Alibaba in China they need to face the global competition like eBay, but they managed to become the biggest e-commerce company in China as well. At the early days, all the giants for them, they only treat Indonesia as expansion market, so they don't really localize the product to the local needs, while for us this is only our market so we really focus at that and the talent is so limited so you need to always you cannot find a talent that understand that, you need to nurture that and that's because I born in there I raised in there, I know what is the customer pain point. Actually, Jack Ma is one of my idol and today he become my biggest competition in the market. So he once said like this in China market, he said that eBay is like suck in the ocean, Alibaba is like crocodile in the river and crocodile fight in the ocean suck will win, but if suck fight with the crocodile in the Yangtze river then crocodile should win this is about the local wisdom when they acquire a rocket internet company become our competition 2 years ago I tell to all my teams we need to be commodo in the island because Indonesia have 17,000 island all the river is already have a crocodile, all the oceans is already have the globalization but we as a local entrepreneur and as a local people we should be the commodo in the island so if suck and the crocodile goes to the island, commodo should fight and commodo should win so like that so if there is no other questions perhaps I can share another story so perhaps I will share a story about Tokopedia is actually the first internet company in Southeast Asia that raised 100 million dollar dan sekuaya kapital in end of September 2014 the company that I lead only have 3 months runway left and that's the competition is so fierce at that time and then my wife at that time still my girlfriend she ask me to go for holiday she studied medicine 7 years finally she graduated and I start my company almost 7 years and she said that William we both work so hard now I am graduated let's go for holiday I want to go to Japan and I said that oh I cannot my company will die if I cannot I cannot close around in the next 3 months but after that I think that I am very selfish so I actually plan for a secret trip to follow her to Japan so she decided to go holiday by herself but then I decided that I need to follow her but secretly because I want to propose to her but surprisingly on the end of September I get a phone call from Sohbang and they say that William can you fly to meet with our chairman Mr. Masa which is shown in 2nd of October from Indonesia I need visa to go to Tokyo but because of I already have a plan I have a secret proposal I have the visa so I am very lucky persons I say yes I can go to Tokyo and then on the last day of that before I fly to Tokyo my early sehore Satohsan call me he say that William Sequoia partner is in the town can you meet with them and I say that of course I can so this is 2pm to 3pm I spend a time with them company and so on by 7pm I am on the car go to the airport and then I got another call from Sequoia capital and then they ask William can you meet with us tomorrow I say that no I cannot I am on the way to airport and they ask where do you go to I say that I am flying to Osaka tonight surprisingly when I arrive at Osaka they surprise me and then they chat with me until 5pm and then I say that sorry I really need to go I am here to propose to a girl right and then at that night I figure out where my girlfriend is and I propose luckily she say yes after she so happy I say that sorry I need to fly to Tokyo because it is Osaka and then the day after that I met with Masoi Shishon and after 1 hour meeting he decided to invest in the company so actually in some Japanese article they say that there is a week of 3 proposal and luckily everyone say yes so sometimes life is like that so it is a lot of serendipity it is a lot of luck play a part of that you cannot really design that but if you work hard if you have this courage have this perseverance that the doors will suddenly open for you what do you think of the obstacles for budding entrepreneurs that are specific to Southeast Asia what are the challenges that are unique to this region for people who don't have as much luck I think a lot is a mindset the obstacle is a mindset from within is a mindset and from the environment at first 10 years ago is an access to the capital but today we can see Southeast Asia alone there is a 7 company value more than a billion dollar company attack company, one in Vietnam 3 in Indonesia, 3 in Singapore so access to capital is no longer an issue but talent is still an issue so this is no silicon valley you cannot just hire a good quality engineer from the ground but this challenge this obstacle is obstacle for everyone so if you can solve this faster and better not just the mindset how to fight and underdog so the culture of our company is really the culture of underdog we will always have lack of resources but we cannot wait until we have the resources we cannot wait until we have the talent to start fight with the global giants so you need to figure out what is your strength in this exposure or limited talent it's about understanding the consumer in the end when we build a product it's always about the quality of services or the quality of product will customer enjoy it will customer love it so we really focus on that so obstacle will always be there but I always believe that's actually opportunity not an obstacle imagine like for us to identify the problem to identify this obstacle to live that obstacle on the daily basis will be easier for us to solve that problem imagine if the headquarter is somewhere in California or somewhere in Beijing it is very difficult to really understand that obstacle and relate to that obstacle and figure out the solution of that


Sometime around the year 2006, I was reading a book about money and I read something that changed my life forever and that is, over 4 trillion dollars roamed around the world every day. Now think about that, over 4 trillion dollars exchanged hands yesterday. How do I expect this to change your life? Well, let me try and use a simple analogy. When you were told that 70% of our planet is made up of water, what does it tell you about water? Let's assume something here. Let's pretend all the water in the world is drinkable, but some people are thirsty. Now think about this, 70% of our planet is filled with water. Let's pretend they are drinkable water, but most people are still thirsty. You'll agree with me that something must be very wrong if the above situation happens and yes, when it comes to money, something is very wrong and I think I have some ideas about a few things that are wrong which I'll try to share with you in today's video. If you're new here, consider subscribing so that you won't miss other interesting videos like this. Money is scarce. I started this video by telling you the story of one of the things that changed my life and it was very simple. I read in a book in the year 2006 that over $4 trillion exchanged hands every day. So what in particular do you think changed my life in this simple fact? Well, for the first time in my life I had the conviction that money is too much in the world. I mean, if $4 trillion roam around the world every 24 hours, all I need to do was to figure out how a very few percentage of that will be coming to me every day. I don't want to pretend as though this was simple arithmetic but I need to get you to see this. One of the reasons why most people are poor is because they believe that money is scarce. The one sign that shows that you have a poor person's mindset is if you believe that money is scarce. When growing up in the village, I was always afraid of asking my father for money because whenever I asked my father for money, his default answer was where is the money? My father also usually told me that I called money as though he was harvesting it on the tree. I don't know the environment you grew up in but I know that most people in the world grew up in an environment where they were made to believe that money is scarce. Our parents told us that money is not harvested on the tree, that money is not water and that money is essentially difficult to make. My father told me that I am to lose whenever I call money.  Now think about a world where 70% of the planet is water yet most people are thirsty. That's the perfect analogy for money. Money is too much in the world yet most people don't have enough of it. The truth is that until you strongly believe that money is too much in the world, you may never have enough of it. So how can you start believing that money is too much in the world? Remember that $4 trillion roam around the world every day. If you can understand that $4 trillion roam around the world every day, then you can stop having a scarcity mentality. Some people think, you see, the reason why I'm poor is that some evil capitalist have taken all the money. Well, that's the same mindset I'm condemning right now. You see, when you believe the reason why you're poor is that certain individuals have taken all the money, what you're essentially saying is that there are only a few dollars in the world and Bill Gates and other evil capitalists have taken most of it. That's like saying I'm thirsty because certain greedy individuals have taken all the water to themselves. No, nobody is powerful enough to take all the water to himself. Yes, a lot of people are greedy, yes a lot of capitalists are greedy, but guess what? $4 trillion roam around the world every 24 hours and no matter how greedy some people are, there is still a lot of money you can make. A Million Reasons To Be Poor I was born by two poor people who shouldn't have married each other in the first place. My father's genotype is AS and my mother's genotype is AS too. Unfortunately for me, I happened to be a victim of sickle cell. Growing up in poverty and terrible sickness was just a part of my odd childhood. Added to that was ignorance and superstition in my family. Needless to say, I wasn't able to attend school as often as my mates, while growing up. And even when I was healthy enough to be in school, my parents could afford only the free government schools. Looking at myself at age 17, everything that could ever be wrong with anyone's childhood was wrong with mine. I had a million reasons to give up about life and just leave an average life, but I have one reason not to do that and that one reason is, it's going to be my pain and regret if I fail in life. Here's the thing. Poor people know a million reasons why they are poor. Rich people know a single reason why they must be rich. It's all about what you decide to focus your attention on. The neuroscientist tells us about reticular activating system and it simply means that your brain will always concentrate on whatever you ask him to concentrate on. Your eyes will always see whatever you ask them to look for. So if you decide to see the reasons why you are poor, that's a simple instruction for your brain.  You'll start seeing how the government policies are stopping you, how your employer is evil, how the economy is bad and how everything works against you. If however you instruct your brain to look for the reason why you must get rich, then you can start seeing other people who are just as disadvantaged as you are and yet overcome every obstacle to become wealthy. If you tend to see reasons why you are poor, you have a poor person's mindset. One way you can deal with this is by listening to inspiring motivational stories and speeches which make you see possibilities instead of obstacles. Our team just launched a channel that can help you achieve this. We call it Hunt TV and you can subscribe in the description box. What Will Be Will Be? As many people in this channel know, I am an African and in Africa the definition of faith for many people is what will be. All people tend to believe that those who become rich just happen to have some luck. I have an explanation about this from my life's experience and I'll tell you a part of the story. I told one of my female friends who needed me to tell her about my life. While telling her about my life, I told her that at a point in my life, things started happening so fast that it's like magic. I mean everything I touched became money and that was a bit of luck. But there's something else you have to understand here and that is for 8 years from the day I started as an entrepreneur, every single thing I did failed. So how do you explain this common experience of anyone who has ever achieved meaningful success? I think I have one idea and that is luck follows courage and commitment. If you think that those who became rich just happen to be in the right place at the right time, you have a poor person's mindset because behind the luck that everyone sees are thousands of hours of faith, commitment and courage. Yes, luck does happen. For instance, the night I discovered the idea that changed my life was just an ordinary night. The insight I got which gave me my first breakthrough in business would never have come and that was a bit of luck. But that luck wouldn't have been possible to if not because I had spent years after years preparing for that day. Here is a summary of this video. If you believe that money is scarce, that's a sign that you have a poor person's mindset. If you know the reasons why you are poor and don't know the reasons why you must be rich, you have a poor person's mindset.  If you love videos that inspire, challenge and encourage you to look for your luck, then join our other channel called Hunt TV. Look at the description box to join the Hunt TV. We love you.


You're going to probably you're going to die lonely Or to be more precise you're going to die lonely a Recent extensive study from the University of York comprehensively evidenced that people living in social isolation are more likely to experience a chronic and terminal medical conditions The experience of loneliness Makes us more susceptible to death The same study identified Dance activities are one of the best ways to socialize and stave off such conditions An early death is not the only problem that emerges from social isolation Study after study indicate the impact of social alienation on health security education and the economy Social alienation in school leads to low engagement with learning leads to low achievement Social alienation in society leads to crime terrorism and suicide Social alienation within workplaces leads to low productivity and low employability Alternatively individuals who can effectively communicate collaborate and collectively innovate are the most sought after with employment markets So what does all of this have to do with my research in dance studies? Today, I'm going to illustrate this in association with three words community creativity and refuge My research focuses on dance and how the creative moving body can foster a sense of belonging Social interaction can be intimidating Who has not felt uncomfortable the first time they enter a classroom a playground a workplace a prison a retirement home a refugee camp a new country a Cocktail party an academic symposium. I know that I've felt intimidated and so that's why I research it So how does one gain a sense of belonging and acceptance? For some it will be through words listening and talking For many, however words languages discourses Will be the intimidating block that is causing the discomfort and sense of dislocation Dance is not the only alternative to words, but it is one. It's one that I practice and so I research through it Dance can help us to feel comfortable in our own bodies feel comfortable surrounded by other bodies feel comfortable with ideas Feel comfortable with our physical environments My dance research focuses on how dance can foster community creativity and refuge Dance can allow us to commune Through dancing we can negotiate the norms and distinctions that help identify and reinforce a sense of community Dance a lot can allow us to feel creative Through dancing we can generate and contribute to culture within such a community feel a sense of agency and not simply replicate culture Dance can provide a refuge through dancing individuals can get a sense of inclusion amongst others a sense that they belong and that their presence is valued Research that I've been involved in has evidence that dance practices can foster both social inclusion and social exclusion It has shown that dance education has empowered learners and demeaned learners Dance has connected people to their bodies and others and further alienated people from others and their bodies The world is full of people with good intentions Artists educators community activists social workers Business leaders healthcare professionals security professionals who want to use dance to support people and society Their practices do not always achieve those good intentions, however Often it is because they do not recognize the complexity of those good intentions So I work with researchers that are investigating these practices They are asking how questions like how might a dance class help an elderly woman save off Alzheimer's? How might a dance production help a young refugee to feel a sense of future in a strange land? How might a dance workshop bring a group of employees into a more cooperative sense of mind? How might dance inside of a curriculum help a teenage boy feel that he is valued at school? How might a dance session allow a young woman in prison to evaluate her body and sustain a sense of self-worth? How might a dance activity allow a child with autism to communicate? Through partnerships with researchers in education social work Maori studies Pacific studies health and medical sciences and business and economics this research is releasing possibilities They cannot simply be achieved through medication legislation strategic direction formal education verbal mediation or economic repatriation I Spent eight years living in the West Bank in Gaza Strip investigating how dance may support traumatized communities there But I also recognize that we may need very different approaches for other communities traumatized by political environmental or economic upheavals Through the arts equal project in Finland. I'm currently working with Scandinavian researchers addressing the refugee crisis in Europe This dance research recognizes how different we all are and seeks more nuanced and responsive approaches to how we use dance to address issues of social inclusion My research involves ethnographic studies Through the Talking Dance book series that I'm co-authoring with Associate Professor Ralph Buck and Dr. Rosemary Martin. I seek marginalized voices This book series challenges dominant national patriarchal and colonial narratives That regarding the role and function of dance in places like the Middle East Asia the Pacific and Eastern Europe My research also involves creative practice interventions in the form of community-based dance filmmaking My current research project is a film entitled five cities five sensors. It's created with community-based organizations in Laos Palestine Italy Australia and Fiji It seeks to collectively reimagine urban landscapes in these places. This is an image from that film So my research places the body the moving body the creative moving body at the center of broader socio-political issues So how does this relate to you? You did not all arrive here today by attaching your brains to some standard technological interface Your very different bodies brought you into this room and to get here today to reach this room Your body has been central to thousands of decisions Your body has brought you information and intuitions Your body has improvised ideas identified possibilities and avoided problems Through your bodies you have experienced creation communication reflection and inspiration When we consider this it does not seem so surprising that research into the creatively moving body can be interlinked with so many other disciplines and research directions Thank you


This is stock number 9J359A. We are here at Summit Automotive in Fond du Lac, Wisconsin. You're new and used SUV headquarters. Today we are checking out the super clean 2015 Ford Edge all-wheel drive. This vehicle has the 3.5 liter V6 motor which pumps out 285 horsepower. From this HD video you will be able to tell that this edge is extremely clean all the way inside and out. Ignite Silver is the color we shoot all of our videos in 1080p so if you have HD capabilities on your computer tablet or smartphone device turn them on right now because it is like you're right here looking at the vehicle with me and definitely your best way to see the vehicle before seeing it in person. It comes with the 18 inch painted alloy rims that are an excellent condition. Michelin Latitude 24560R18 tires with right around half the tread left on them. Didn't see any dents or dings on that front fender. Comes with the projector lamp headlamps, the LED fog lamps. No major dents, dings or cracks on that front bumper. Chrome trimmed grille. Didn't see any major dents on the hood. Passenger side fenders in excellent shape as well and the passenger side rim. No scuffs or scrapes on that. As you go down this side of the vehicle you can see just how clean the body is, how reflective and mirror like that paint is. We take these HD videos so if you are far away or even if you're close by just cannot make the trip down you can still see the vehicle, hear the vehicle and have confidence in what you're looking at before you even get here. Now the only thing I saw on this car is there's one tiny dent on the door there. Kind of hard to see but that's really the only imperfection I saw on the car. Back rim is in excellent shape and the back tires have just as much tread as those front tires. As we come around to the back of the vehicle, notice that the rear bumper is in excellent shape. No dents or dings or cracks on that. It does have the dual tip exhaust with the chrome ends. SEL all-wheel drive back up camera right there has the LED tail lamps. Back storage area is very nice and clean and it does come with a spare tire. Those seats do fold down for extra storage and you can actually put them down with this button right here. So I'll put the left side down and it kind of just falls on its own. The gate shuts nice and solidly and you can see those LED tail lamps right there. Down this side of the vehicle just as clean as that passenger side does have the capless fuel fill which is a nice feature if you've never used it. This back rim is in excellent shape as well and as you go down this side of the vehicle very very clean. No dents, no dings, no scuffs, no scrapes, very nice. It has the heated mirrors with the built-in directional signals and blind spot mirrors. Has the driver's side door code entry. It also has the intelligent access system.  There are no rips or tears on these seats. Power driver's seat with factory lumbar, factory floor mats throughout. Power windows, power locks, power mirrors and this one has auto headlamps. As we hop inside the vehicle here you can see that this one has 20,850 miles. You get an outside temperature and compass display as well as the digital spinometer. Comes with the leather wrapped steering wheel. That's in excellent shape. Bluetooth and audio controls and information center controls on the right and cruise controls and more information center controls on the left. Has the push button start. AM, FM and Sirius XM radio capabilities. Dual climate control. This is also in the radio here is where your backup camera shows up. Passengers seat and floor mat are in excellent condition as well. No rips or tears on that. Has side current airbags and the headliner is in excellent shape too. Map lights up there. We'll take a quick look at the back seats and then we'll check out under the hood. Very nice and clean inside. I don't think this vehicle's ever been smoked in. So these seats go up just like that. No rips or tears back here. Does have the latch child safety system for your car seats. Factory floor mats throughout back here as well and very very clean. We will take a quick look under the hood. I would personally like to thank you for checking out the video today. Hopefully from this HD video you will have been able to tell just how clean this edge is all the way around inside and out. Under the hood we have the 3.5 liter V6 motor. Engine bay is very clean runs very smooth. This vehicle has been fully safety and inspected by our service shop has a fresh oil and filter change. All the fluids have been checked and topped off. The vehicle has been gone through mechanically 100% and is 100% ready to go. To see more pictures of this car or one of our other 450 new and used cars, trucks, SUVs, minivans, rainbows, unit, we got it on our website www.summitauto.com. 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The following is a presentation of TFNN. The TFNN Bull Bear Training Hour. Every training day, live at 10 a.m. Eastern. Call now. Tolls free at<PHONE_NUMBER> or internationally at<PHONE_NUMBER>. The TFNN Bull Bear Training Hour. Now, Tommy and Tommy O'Brien. Welcome, folks. Appreciate your garral and a problem with us out here. We have the Dow Industries down 27. Now it's like up 17. S&P's up two. Gold up a back 40. Trading at $14.66 an ounce. You get silver up 6 cents. $16.66 an ounce. Light Sweet Crew down 25 cents. $58.94 a barrel. Notes and bonds. You get the 10-year up four ticks. $129.01. 30-year up 13 at $158.01. Copper. You don't do copper all the time, but copper folks went up 7 cents on Friday. You get two and a half cents today. You're at $275. That copper market moving higher with conviction. Two 80s on the move. Which says quite a bit about China, actually. So we'll see where that shakes out. King dollar. King dollar down 96 ticks. Trading $97.605. Yours at $110. Yen is at $108.50. And the pound is at $131.00 to $1.00. As we come into the Nasdaq strong. I mean, the Nasdaq did quite a pop here at the open, right? Yes, it did. S&P got a little pop as well. Dow more muted. Dow the only index currently still in the red by 24 points. Yeah, look at this pop. When I'm at highs, put the bottom line. That's good. 40 points off the low. Yes, it was. Right at the open. Right at the open. Okay. And the solid 40 points. It's almost a half a percent off the lows. Yeah. And inside the index, the strength versus the weakness. You get SWKS. That's an apple supplier. That's up 3.2%. McConnell, Libre's up 2%. You get Kraft Heinz up 1.58. Taken away from it. Alters down 2.7. You have Western Digital off 2.7. Take twos down 1.9. But evidently, we get more positive ones than negative ones. I'm trying to tell what the top one there, you know? Yeah. The British elections. Let's look at the pound. Yeah. British elections this week, folks. The pound broke top side last week.  Definitely. You know, you had the consolidation, top of the consolidation is 130. Broke top side, 131.20. Right now you're at 131.40. And this looks like, I believe it's 135 that I'm looking for here. That's the next swing up there. Okay. Now, 133. Okay, 133.  Definitely. Now, the Euro hasn't moved yet, you know? So, in order for that dollar to basically get lower, you know, with some conviction, you'd need the Euro to move. And the Euro is just kind of laying there.  Yeah. We'll see that, baby. You're going to shake out some of the higher volume equities out here. And we'll see whether they get any volume out here today. In this marketplace, you got PG&E, let's have a buck 55. Yes. You get the top one. Look at that. That's a biotech that's getting bought out, right? Yeah, 100%. So Merck's buying them. Why don't we pull it up? Look at that. Yeah. 100%. That's what people buy biotechs. So a definitive agreement to buy is an arcule, maybe, for $20 per share. So it's right up to almost that level of equity value of deal 2.4. And about 100% premium, the price of that. That's pretty intense. Yeah. Let's see. Up the wrong one. I'll go back to that. Oh, no. I got to go back. You might get it there anyway. Up. No, go ahead. I got to go back to this one. Okay. So that's what it is. And I think it had to do with oncology. That was, you could just click on the article. Is that where you're going? No. I want to see that. I want to just see if they get any revenue. ARQL. Okay. You can just go to the description, right? If you want to see the revenue. Yeah. Okay. So. And you see the jump there from under $10 to $19.625. You never traded there. And. 36 employees. Woober Mass. Wow. Yeah. So it's all expected to start happening. Yeah. Q4 this year, right? You know, that whole Boston area, that is a biotech. Can I just, before you jump away, it's interesting. And I wonder how this went. I mean, they had $25 and $13 million in 2018. And then it all dried up. $3 million. Q2, Q3. So I wonder how that played in. Yeah. But yeah. $2.4 billion biotech. Monster, huh? Yes. Wow. That is a wow. No two ways about it. And. Hey. You know, we see them getting caught in half, but guess what? You know, you get a few of those biotechs. Yeah. People do that invest in biotechs. You know what I mean? Yesterday it was valued at like $1.2 billion. Today it's valued at $2.4. Wow. Yeah. We get into the dollar. The dollar right now, folks. You know, it looks to me like it's trying to get sort of lower end of consolidation.  We're kind of laying, you know. Yeah. Definitely. We're not that far away from this. Yeah. And we're at $97.616. I mean, you can definitely call it near the bottom of the range, right? All these lows. They almost jump back to here as well. Right. Yeah. $97. Critical value as well. You get under there. You know, maybe you're flirting with what is the low back here. $95.8. And if I share something, watch this, folks. Okay. Now, the trend has not changed yet. A long-term trend. But you're going to say it's in February of 2018. We've been going higher. Yeah. Yeah. You know, February of 2018, we were at 88. And you can see, you know, the bottom line is, we've been going sideways now for a couple months. Yes. But the bottom line is, you know, we'll see if we're going to get a change of trend. And where I'm going with that is that the pound definitely changed trend. The euro hasn't yet. You know, the euro is still basically a laggard. You know, the euro is 60% of the dollar. Yes. And we're talking about the dollar index. Definitely. Yeah. So let's see. We have, today's the 9th. So we get the 9th to the 14th.  I mean, what are we right now? 16 days out. It's two weeks from Wednesday is Christmas. So get shopping online if you haven't done it yet. Get shopping online. Or visit those stores. But Amazon, I mean, it's always intriguing, right? I think they'll probably try and run delivery right up to the 22nd, 23rd. I believe in some, maybe some same day Christmas Eve delivery. There's no doubt. Yeah. Let's go look at the copper market. So the copper market folks, you know, took off in spades. This is going to get pretty intriguing because copper loves to trend.  I mean, it's, you know. Yes. We want to top side, took out the 273. Definitely. You know, I had some good juice underneath it. I'm going to do HG1. Let me just, so we can do a continuous contract just to see where we're at. Okay. So bring this back a couple of years. Okay. So it hasn't broken out yet. Yeah. You know, we bring that back. We're talking, you know, the 279. So look at this has been down here since July of 2018. Yes. You know. Yep. It's a long time, man. But it's encouraging. If you're, you know, basically, you know, looking for economies and looking for trying to move again, this is all about China, you know. And what we don't know, the way that China deals is that China stockpiles huge amounts of copper. Then they stop buying. Then they stop buying again. You know what I mean? So the real, the question is, is that, you know, they basically rule that. But if copper is going higher, then, you know, that is good for the world. Yeah. Economic growth, everything. Yeah. So look, stay right there, folks. 209 coming right back. Our phone number is 8779-27668-1020. And as the 17, as soon as up to two and a half come right back. If you're not currently using the TAS Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS Profile Scanner is a standalone piece of software that instantly filters 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Heated by Steve Dahl, TAS understands that in today's technological world, the use of top-flight software applications and technical analysis expertise is essential to successful trading in today's market. You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, the best way to use the TAS Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. All new subscriptions also come with a 30-day money-back guarantee so you have nothing to risk. Start your subscription by visiting the front page of TFNN.com today and you'll find the TAS Profile Scanner under the Services tab. Sign up today. TAS Profile Scanner of TAS Profile Scanner is a brand that has extensive experience in the Tampa Bay area. 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You can test drive the Tigers then absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you details on the new website. You can still visit us at the same tfnn.com URL. But when you do, you'll see a new and improved homepage with a much simpler navigation whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new tfnn.com now and experience all the upgrades that you can get from the investors. Call now toll free at 1<PHONE_NUMBER> internationally at<PHONE_NUMBER>. Folks down down is down 12 Nasdaq's up 19 s of peace are up three and a half and folks as you come over to our website at TFNN you are going to see not only Tom's market report, which he does every morning now. Great report comes out in the morning of course what may have happened overnight we're looking for in the afternoon a recap of what has happened inside the marketplace. Definitely. And what else do we have on there? We get Tiger Dollars. That's right. The Tiger Dollars sales up today folks and you get two weeks to get some bonuses out here. That's right we'll run it through Sunday December 22nd you can get up to a 40% bonus normally Tiger Dollars you can either get a 10 15 or 20% bonus for the two weeks only up to a 40% so there'll be a 20% bonus on spend 500 you receive an extra 100 you get 600 if you want a 30% you of course can spend a thousand receive 1300 Tiger Dollars a 30% bonus or you spend 1500 you receive 2100 Tiger Dollars a 600 Tiger Dollars bonus so 20 30 40% double in the bonuses that will run through Sunday December 22nd and if you're a current subscriber out there you can get some Tiger Dollars services great way to add savings and the new website I say knew it's been over a year now but you apply those Tiger Dollars right to their account automatically so if you're current subscriber out there you just apply them and all future transactions get automatically debited and they never expire so it's a great deal and if you're going to sign up in 2020 great time to get some Tiger Dollars out of there they actually got their CE they're a CFO yes and as the CEO of canopy they sure did so let's take the market likes that this morning yes and so let's see what they have to say here so okay so canopy growth the world's most valuable cannabis company has appointed constellation brands financial head as its chief executive officer and one analyst believes that the odds of canopy outright are above 66% intriguing thing about this in general you know the analyst is saying that constellation brands they come out two weeks ago saying specifically they are not buying anymore shares and I thought that was really strange because they're at lows and say you're not buying anymore shares okay well I think they figured out a better way of doing it they got their guy in because the CFO you know I can say that's more important the CEO so important definitely you know yes you know so we'll see where this shakes out so what's his name Klein is it yes it is Klein David Klein David Cox so let's see what he's having to say canopy growth since the forefront of one of the most exciting new market opportunities in our lifetime client said the statement I look forward to working with the team to build on the foundation that has been laid to develop for us I think the brand the brand thing's gonna be a big deal man yes I think this I think I think the pot market's gonna turn just like into the booze market that you know everyone could make booze right everyone can make pot the question is what do you make what's the what's the brand why do we pay more for a certain brand another brand right you know you think about whether it's whiskey whether it's gray goose vodka right whether it's any type of tequila or something like that right I'm sure that's gonna play into that market as well and what would you have now folks that is not the way that the business is set up right now the business is set up that that whether it's medical or recreational you have all different kinds but they're almost always same price okay you know like when you're going into those yes you know so it's whether it's the selling by the eighth so whatever they're selling by yeah you know they so that it just makes sense that they're gonna change yes you know I would agree for sure those shares up like eight nine ten percent yeah and they they own was STZ the consolation is that no they own how much of it STZ whether I think it's 44% of it right now if we look at consolation brands that's trading 182 let's just see what they take in because this is this is you talk about this is is a okay to the tune of $5 billion market yeah you talk about a strong company behind you right 8.1 billion to take in a year you know 5.2 in beer 2.9 in wine and spirits yeah and then they're gonna start seeing that and huge earnings to in terms if they have to spend some of that earnings to make sure they're cement cemented as that yeah cannabis leader and I think that's what they're trying to do yes no I they realize they have some free cash flow the booze business and why not we call it a hedge even if it doesn't but it's the it's the vice business of alcohol cannabis the whole deal recreation yes you know I mean and I think when you're in that business they understand branding they understand the you know the recreational people going out I mean because there's so many things that I think they want to change probably selling that lifestyle I mean you're saying you know with premium spirits wines alcohol right similar beers yeah so if we switch gears a second go over to the gold market folks I want to show you something with Franco Nevada now this is really stealth meaning that we have gold you know not even close to highs but I want to show you something that now Franco Nevada is in a huge way one of the strongest well it is the strongest gold stock out there and has been for quite some time this is the company that is a streamer or royalty company they have 26 employees watch this this is like sick they take in 860 million this year they expect 979 million next year okay and it's all royalties on the right side all royalties okay so the way what happens with a royalty folks is this they get paid on the gross margin if you think in a thousand dollars they're getting paid a certain percentage it has nothing to do with expenses right percentage of gross revenue really of the price of that ounce of gold right and then as you go over the contracts now this way this gets really interesting and this is public information as you go over the contracts as gold goes higher they sometimes get a much higher percentage of the royalty which is what's as well so watch this this went to an all-time high last week and it didn't hold price but guess what it had volume so that's telling me we're going to go right back top side so you had the all-time high was established the week of September 6th $101.19 you did 2.8 million last week 3.5 million that's pretty impressive in particular of where the price of gold is right now now that's the bullish part okay the bearish part and you know stocks are different but these equities used to trade together quite a bit okay is royal gold if we can just take a look at the numbers on royal we know similar 23 employees 23 employees taking 521 million and they just have straight royalties gold, silver and base metal and what happened is that one of their minds is not performing so this did come down you know so what happens when you're looking at both of them 1.38 to 1.14 it's a bum of it because it's divergence so when you see divergence what does happen is that that equities like 20% off it's high it's only 2% off it's high in the last 4 days so if this was up too I could make the case that gold is going to go higher now you can't really make that case because even though that's the bottom line is that you have divergence but I don't like how royal gold is trading now I'll think about it why don't you be like that guy that bought 4,000 contracts 4,000 say it right there now it's down 30 now it's up 15 that's if he's up too come right back now it's up to you 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 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 the front page of TFNN.com well 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 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Dow is up Dow is down 33, Nasdaq is up 14 S&P show up one and a half and Tommy and I were just talking of course about the Patriots oh my god it was a great game I thought it was a great game and the referee was terrible but it is what it is they got to win even if the referee is terrible yeah it's just such a big game I watched a lot of the highlights online just through whether it was Twitter or video updates and my friends of course being from Boston and even friends outside of Boston seemed to agree that from you know I saw a few still shots of the player who was not out of bounds called out of bounds passing interference going on you had another call as well and hopefully the NFL does something to repair that because it seems like you know especially something like that two AFC Titan teams they were foes last year you got Brady, you got the whole teams you got Belichick, you got Andy Reid and the referee as a couple of times he was saying there was no challenges left you only had two challenges folks so he had them they were showing the replay it was so blatant but you couldn't challenge it because you used the challenges it's unfortunate the ref should be a little bit better and hopefully they are because the big one that everyone is easy to talk about is the one they called the player out of bounds and he wasn't out of bounds every touchdown is reviewed so if you're even close what you do is you call it a touchdown because then it's automatically reviewed but if you don't call it a touchdown then it's not automatically reviewed so you air on the side if it's close that you call it a touchdown and that's why sometimes when they have fumbles or interceptions they'll just let it play out because if it results in a touchdown then it's automatically reviewed but if you call it dead you can't review it if you have no challenges 60 minutes was on folks I didn't get a chance I love the show what are they talking about you gotta see this folks so one part of it was about Harvard Professor and DNA and RNA and he has this lab it's one of the biggest labs in the country he's one of the first guys that sequenced the DNA period it is just phenomenal they're showing they're using his own cells they explained that at the end he says listen I'm the boss I'm familiar with how this works I have given consent so it's not like you having someone else that don't understand what's going on they showed how they're taking this guy's cell and then they turned around and they're showing how they can make limbs off the cell right this goes in so intense unbelievable they went from limbs to brain cells off the cell okay and it's like it's just so intriguing man I'm gonna hunt it today because it was only it was only like a 10 minute part but it is like just amazing they do great works at 60 minutes and this guy what they were showing they were showing when he was a kid and he was at I believe Yale he was so into it was called crystallizing something like look at all the atoms he was so into it that they accepted him to Yale but then he never went to school because he was researching 100 hours a week so they kicked him out of Yale but Harvard took him immediately he's been at Harvard for 45 years somebody recognized the genius of course I guess or the potential or whatever it is right and what it was and they asked him about it he says I just couldn't like get away from the research so I never went to school and then he has nocolepsy okay so he says what was great about nocolepsy and still is he says so I could sit there and work fall asleep wake back up and with nocolepsy evidently folks is that you don't forget what you're you're on and you just started again I know and they showed him in the class folks up at the board and all of a sudden he's going down and he goes down falls asleep for like it looked like it was only a minute minute and a half turns around just to answer the questions again it's just a brief pause it's the chemistry behind it is like phenomenal it's exciting stuff I mean we're at a we're at a really amazing time in technology in general you know I mean it's unbelievable that we are you know living at a time when the first time you go back two or three generations and you had to send letters via chip and horseback and now you know we're doing things like that from 50 to 100 years to breaking down a cell to form brain activity seriously man like really yeah unbelievable so let's go to shopping let's go see what Amazon is doing Amazon is going to be a king dog and bottom line it can't get out of this consolidation yeah it's still down there man yeah what is that recent I am just because quite a little nice run up what are we looking at a daily okay yes 29th November but you're still that's 187 1824 yeah and you're up almost 10 so you're talking about $75 in the price of Amazon just four or five days it pulled back where it's near that lower end and Walmart hanging at highs yep really interesting got that spike on earnings and gave it up like right on the opening bell the day that they came out and then target also blew away its eyes that's still up there target they're gonna I continue to see like good fundamental marketing on their part and everything in terms of I was there for Black Friday trying to think I believe I was I was and then you spend $50 on Black Friday you get a 20% off coupon for any any receipts not like one item right you can go in there and do all your Christmas shopping from December like fourth after Black Friday okay onward for like two weeks and you save 20% your entire purchase if you just spent $50 on Black Friday yeah what a coupon right wow and so that's another way did that coupon a smile amazing we haven't fall into it I didn't even know what was going on we got the coupon and then I saw an ad for the coupon later in the day Aaron now yesterday they just had 10% off all listen to me there's quite an advertisement but it's impressive and you see when they're battling they stick in my mind 10% off all gift cards yesterday only another great deal right you bring people in on Sunday everybody some form of gift cards usually at during Christmas time right I happen to miss it but I was like you know what that's another great deal and and and they're really coming up with some creative stuff to separate a little right target because you know what target like even I say younger people that friends that like to give a $10 gift card I totally agree that's why I played in there I was like that's really smart yeah a lot of people would be like oh we actually said you know like how we miss that you know like that's something if you were doing and you shop for anybody I think during Christmas you even go do it for yourself think about you know gift cards you go buy gift card and then you spend the gift card there was all this potential there yeah amazing so now Google we got the two founders they're backing down but bottom line not Google Google is going to the moon man yeah it's got to be nice to be a Sergey and Larry too you step down and you have all the shares and then and you just become wealthier and wealthier as you step away to the twilight I say twilight jokingly how old are they right in their 40s maybe even with that yeah but Google 1353 that's that's quite a number man so market cap wise let's see what we're looking at here other they must be saying what's wrong with us why are we a trillion dollar company I would agree there's been quite the separation man whether it's yet Google yet Apple yet Microsoft and yet Amazon and Google's right at a trillion let's almost say billion you got Microsoft and Apple kind of far above that level and you have Amazon back down to like 877 billion I think and that's quite a substantial separation when you have Microsoft now at 1.2 Amazon at 870 something I believe and that's 1.5 times the size of the company when they were just neck and neck going for that 1 trillion mark probably about a year ago so forth yeah now a trillion folks couple years from now we're going to have a bunch of them at a trillion we're at 1.2 already when's 2 trillion I you know that's big numbers you better get your children to a good math boss oh man Microsoft and Apple that's the two of them down down down 16 that's up 16 S&P's up free Tommy I come right back if you're in the CD market and looking for a secure investment the Tiger first mortgage program may work for you the security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg Florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 the interest paid is 7% yearly paid on a monthly basis according to bankrate.com the best rate for a four year CD in the country as of February 20th is 3.1% a $50,000 investment at a normal four year 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investors such as traders and active investors distributor four side fund services LLC don't forget you can listen to TFNN live on your mobile device 24 hours per day go to TFNN.com then hit watch Tiger TV that's TFNN.com for the latest market information 36 now is up 10 S&Ps are up 10 and we go take a look at the Federal Reserve and the repo market another story keeps popping up yeah let's see Fed's repo action for year and crunch always subscribed again okay so let's see micro participants submitted 42 billion 43 I think right yeah 43 for 28 days there's more than 25 billion okay so we're gonna see the Fed's gonna have to come up with more money and this was the last of three term operations currently scheduled to provide funding past the year-end period scrutiny is only set to intensify as December unfolds several key dates in focus year-end will of course be front and center but so will December 16th when the markets faces potential pressures from treasury settlements and corporate tax payments and watch for any announcements when we went up last time folks the quarter and corporate tax payments he had short term rates shoot over 10% 10% yeah okay this is we're talking overnight yeah they've been injecting liquidity into the repo markets since September 17th when the overnight rate for general collateral spike to 10% or from around 2% it's also been buying T bills to add reserves to the system yeah now what's gonna be wild here December 16th is also I believe the day that we have to get the election what day is the election I believe it's Thursday the 12th the 12th okay and 16th a week from today and the 15th of course six days from now the end of the tariff deadline that we may probably hear something by that Sunday but yeah this is we get some action this week here and interesting and they just they just raised it from it was initially 15 billion the central bank was gonna be and they just increased it last week to 25 they come in with $43 billion in not enough subscriptions for that not enough at all well we'll see that that this location is not a good it's not a good deal folks so yeah that's hope somebody you know an analyst said in there you know it's not the end of the world or you know I'm surmising but they said if this is still so over subscribed when you're coming into like Christmas and you're gonna have the end of the year that that could be a problem yeah I mean I don't think I mean unless you're highly involved inside of all their financials you don't know exactly what the problem is but there's a problem if you go from 2% to 10% overnight yeah means people don't have any money right and kind of what the question was is why are participants with money with capital above where the legal reserves have to be coming into that market to take basically free money right right I mean yes you're getting an overnight repo if it's free but is it free why aren't the banks putting up that capital maybe they see something that they say that's not worth that percentage to put that money at risk in a supposedly very quick overnight market that might not turn into it right exactly exactly that's that's where risk folks you have to pay attention to it because yeah those pitchers you can make the case banks might be some of the best risk compliance oh yeah and they won't do it yeah especially knowing that market right having the people who might have a handle on the repo market how safe it actually is what probabilities you should be pricing in for risk into it because they're in the business of making money by collecting interest rate you know income right yeah so if that market was as secure as it's supposed to be and you have the capital on hand right the market spikes to 10% the market would normally pull that back down by those market participants coming in and taking that you know yeah interest rate above where the cost of goods you know for yourself is but they don't so pay attention yeah oil so you got oil right now we're 5892 and you know if you stay over this 5874 you can go for that high quite a little downward action can you go IGPO just because we were right at 59 we're right back up there almost 59 and of course Friday huge action with the Saudis cutting back additional numbers that they thought but even this morning you know you really early 2 a.m. you're up there at 59 you drift all the way back down right at 9 a.m. on the dot you get some volume you trade from 5823 up right back above that level lots of action man we'll get EIA on Wednesday of course see where that trades out let's take a look at the XLE still not moving you know this is going to be frustrating for basically people that you know looking at the oil market and you know the equities just haven't moved and I believe this goes back to 2006 which is just a mind blow but you know it's really had to comprehend sometimes so it is yeah that's 2005 my god 2005 2006 levels especially when you take a look at what I was just going to say you know where you collapsed in 2008 the $38 I think the S&P collapsed to a level of XLE that's right $38 and just that the S&P was down like 665 S&Ps of 3100 right so even from the low if you bought it 38 you're sitting at 58 over the course of 11 years and in that time the S&P is up 500% and you're barely up 33% who would ever think in the oil market because we're talking you're talking ExxonMobil and Chevron folks which are two of the largest equities in the world if the value the market cap value of the S&P you said it was going to go up like between 400 and 500% right what would you say the XLE might do during that time totally yeah not go up you know 20-30% yeah and yeah you're talking you know just monster oil companies and you can see why the Saudis wanted to push that out because the bottom line is that you stop putting these together and hey that'd be like Zuckerberg saying you know what I want to diversify myself a little bit and sell out some of my equity stake in Facebook listen up when someone an insider like that that controls everything would do that actually let's go to Facebook because I heard they had an interview over the weekend with Cheryl Sandberg she's a CFO I think might be COO COO yeah chief operating officer okay and man she's talented there's no doubt about that meaning in the speech context yeah she's got to be she's been in that role for a while oh yeah she's had a huge role in terms of the literal operations as a key member in terms of what they do over there right and you know they were getting into the news aspects what's fake what's not fake how do they deal with it you know bottom line is that the interviewer kept coming into the aspect well the clients all opt in so you have no cost of your content right it was just intriguing do you know what I mean we protect everything you know what I mean it's like okay but it was an hour long interview so it's interesting she's been out there and she does a good job of it for Facebook in terms of she's the front line head of Zuckerberg usually because she's she's people she's someone that you know congress wanted to get in front for a while anyway because she's so high up there in terms of almost probably almost second in command to Zuckerberg in terms of what goes on there totally now look at that this is exponential man 2015 folks Facebook took in 17.9 billion yeah 2019 7 0.5 350% growth over four years I think she said coming from a number of 18 billion which is staggering I think it's the 2.3 billion or 3.2 billion people log on every month I think it's the three number yeah stay right there folks Tommy and I are coming right back Dow, Dow Industries right now that's trying to claw its way into the green bottom line is that we're still in the red by 33 Nasdaq is up 10 S&P is up about one and a half I'll come right back 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 and 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 6 and 3 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 tfn.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 to sign up today if you're a trader in the market looking for exposure to gold or gold mining equities then now is a perfect time to sign up for Tom O'Brien's gold report the summer is over gold is trading back above $1500 and the 10 year treasury is hovering at around 1.5% Tom O'Brien has been writing his weekly gold report for almost 18 years there's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a money back guarantee so you have nothing to lose every Monday morning Tom publishes his weekly gold report with coverage of gold, silver, bonds, the XAU, HUI, GDX, the dollar as well as more than 30 different mining equities as of September 3rd gold report subscribers have 5 active open positions with an average unrealized profit of almost 38% for each position to see for yourself the types of profitable trades that are recommended within the gold report sign up today by visiting tfnn.com since 1984 Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion well 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 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 2 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 a trial with only nothing get your 2 week free trial to Basil's newsletter the opening call today by visiting tfnn.com this segment is brought to you by thinkorswim for more information just click the thinkorswim banner on the front page of tfnn.com back folks down down is down 31,000 except 11 S&Ps are up 1.5 don't forget folks we checked off the target wholesale go over there and also check out Tommy's market morning market recap bottom line well it's not the recap in the morning it's the report it's the report in the morning it's the recap in the afternoon and then you just show them in New Zealand that's quite a man they have a volcano option over there first time since 2001 some pretty dramatic videos of that and I'm not sure if people are near it or what not I know people as a tourist location or just a recreational location probably in terms of the beauty hopefully not too many people in that path but pretty remarkable video anytime mother nature and if you've ever seen Pompeii folks okay Pompeii is something else I know you've been there and Pompeii is that they're still digging that out it's just it's hard to comprehend that you know that city preserved by that kind of flash volcano right exactly preserved in a state you know remarkable yeah see history like that including some people yeah including many right yeah let alone a civilization you know they have a stat in the den I just want to bring up thanks to Jay talking about $41 billion of unclaimed gift cards since 2005 one of the analysts talking about I wonder what retailers in particular get to you know and it's going to be the biggest of the big right I mean right plus a lot of others though that you know maybe the others don't get used as often because I wonder how many people use the target you're there every day versus if you get an obscure gift card that's right don't make it to and just so you know folks they don't have any and they cannot have any expiration dates anymore so that's a big deal it is they might get you with fees on a yearly basis to maintain like a two or three percent fee that's what they do which they have to keep up those records you know if you had 30 years but target all those new fees on the year they never expire check those out for sure I love it stay right there folks you can think of something coming up next time we get on man Mr. Basil Chapman Steve Rhodes Day white I'll be back this afternoon thanks bro thanks man I love getting folks