The following is a presentation of TFNN. The Morning Markets Kickoff with your host, Tommy O'Brien. Good morning everybody, I'm Tommy O'Brien, coming to you live from TFNN Tuesday morning just after 9 a.m. Eastern time. We got about 30 minutes to go until the start of trading and markets rolling over a bit. We got some volatility overnight. Let's jump right into it in the S&Ps. You're negative by seven points right now, trading at 41.34. NASDAQ 100. We just rolled over in the last half hour or so. We were in positive territory across the board. Right now you get all the major indices in the red as even the Russell sneaks into the red as well. NASDAQ 100, negative by a quarter percent right now. Dow off 52 points right at 33,000. Russell, flat right now. We jump back to the S&Ps. The overnight session, you're as low as 41.18. Look at these moves, man. You call it 41.20, just round that number. You trade as high as 41.57. That's 37 S&P points. This thing rallied from about 230 till 4 a.m. Eastern time since then. We've had lower lows and lower highs, 41.34, just below where we closed out yesterday in the S&Ps. How about that crew contract yesterday, man? Wow. From $91 to 86.50 back to 91. $4.50 down and up. We're sitting at 91.96 right now. You take a look at the daily on-cruise, okay? Price level to keep on your chart here. It's bouncing in the $85 area. Now, interesting, 85.41 on the futures, okay? The longer-term chart going back, that has a high of 85.41. That's correlating to October 25th, almost a year ago. All right? Interesting that it's traded all the way back to that price level. The war broke out in February. All right? That's where you see this thing really go parabolic. But it had a rise all the way from December 17th when we were trading at 66.12, zooming in on the shorter-term action. We make a low of 85.73, okay? So you're talking about within about 32 pennies of October prices of last year. Seems like Crude has found somewhat of a floor 85 to maybe $90 we're trading at 91.83, something to keep in mind here. Even if you don't think we're going to see Crude go back to recent highs of whether it's 125, whether it's 130, the high we had on the spike highs of the war began, we get some tough deals going with energy in the winter in Europe, folks. Everyone's talking about it if you're in the market, okay? The one thing to keep on your radar though, even a 382 or a 618 of this recent pullback we've had in Crude, that can get you up to 100 bucks to $110 pretty quickly in this contract. The one thing I will say is lower lows, lower highs coming at you basically since the middle of June. Now what was also the middle of June? That was a market lows, okay? So we had market lows, you had crude highs. Right now we're seeing Crude bouncing from an area of 86 to 91, meanwhile we have the market pulling back a bit from those recent highs and it's all tied together of course with notes and bonds as we check them out as well. Notes and bonds, you take a look at the action, we're coming into the 618, the entire move higher we had. So you traded from 114 in the middle of June up to where we were at 122 basically, that correlating to a yield approaching 2.5. We're sitting this morning with a yield of just over 3%, 3.05%, I believe we're sitting at something like that. 117 is going to be an interesting area here, you're talking about an area that basically is the low you had all the way back in May. Excuse me, that's going to basically tell us when we hit that area, is the market comfortable with yields in the 10 year going higher than 3% because we're sitting at that level right now, or could 3% be a little bit of a ceiling? I say 3%, we're already at 3.05%, would probably be approaching 3.1 or a little bit above that as we came into a price level of 1706, which is pretty close, 1708 was the low we had back here on May 9th. So keep that one on your radar, we blow through that area, you're probably heading back to 114 and change, that's correlated to a yield of above 3.5%. If you do that, watch out stock market to say the least, if we get yields that high yet again, interesting to see what would happen with crude at the same time, if we had yields rising at that level and we jump over to the VIX as we wrap up this market. First spike we've seen in the VIX in about two months, you go back to June 13th, we were at a high of 3.5.05%, basically correlating to the market lows at that point. What have we seen? We've seen lower prices in the VIX all the way for two plus months. That is the first breakaway spike we've seen, you got two days holding up their VIX right now positive by 14 points as the market chops around in negative territory, sitting at about 24, could be indicative of the low volatility March upward this market has seen over a period of two months, potentially coming to an end in the near term future. We are now less than a month out from the next Fed meeting, right? Interesting how that goes. That's going to be coming quick. We got earnings already out this morning, Zoom missed in a big way, Macy's, Dick's, some pretty good numbers, they're trading slightly higher this morning. We got Nvidia out this week, we got Salesforce out this week as well, among some other companies. We got a Tesla stock split going on and then we get PCE on Friday, personal consumption expenditure. That one we got on Friday, it's going to be September, before you know it, it's going to be Memorial Day weekend and before you know it folks, we're going to be coming into the next Fed meeting in September. We're already less than a month away and you're seeing markets potentially prepare for that so many times, all right? We have seen this market trade into a Fed meeting, right? The Fed makes the decision as in the hike 75, the market says, oh my goodness, but it's already been priced in. What is the market going to price in coming into this Fed meeting, right? Because it looks like the trend has changed a little bit to say the least as we are now 200 points, basically off of the highs that we had just about a week ago, August 16th, one week ago, exactly 43.27, we're trading 41.34, you were as low as 41.18. Overnight, now you take a look at the S&Ps, okay? The areas I would have on my chart folks, really the area is 3,900. You better be careful, you better be ready for this thing to trade to 3,900. It was a one-way shot from 3,600 to 4,300 in the face of CPI still printing at about 8.5%. We're going to get some economic numbers in the beginning of September before we get the next Fed meeting, but yeah, I'm looking at about 3,900. That would bring us back to the lows of May. That would bring us back to the highs that you chopped around in, whether it was the end of June, the beginning of July, you broke out of that area. July 19th, that would also bring you back to about the 618. Seems all but reasonable that the S&Ps could give back to a 618 of just the run it's had over the last two months, you know? And maybe the low is in at 3,639, but I don't think the volatility has passed us to say the least. You jump over to the NASDAQ 100, looking at similar price levels, okay? The thing I love about Fibonacci folks, they give you a price level. You know if you're right, you know if you're wrong. The 618, about 12,100. Now that's correlating to a little bit of a different area in terms of whether you were back in May. You were lower in May when you were back there. You were about 11,750. You see the NASDAQ 100, right? The low in the middle of June versus low in the middle of May, pretty close to each other actually. But NASDAQ 100, maybe it's 12,100. We're sitting at 12,885. Folks, we're 900 points above where we were trading at a week ago, okay? You better believe that we can trade down 700 points over a period of X days. Could be a month, folks. We could trade down to that level going into the next Fed meeting, okay? We just traded down 900 points in the NASDAQ 100 or a period of about five days, five trading days, at least. One, two, three, four, five, okay? Even being today, 618 level, 12,100. Maybe that's what this market needs to get a little bit of risk reward back in balance with the numbers so out of whack still for CPI. S&P's negative by five, folks. NASDAQ 100, negative by 22. We jumped to some of those stocks with earnings. We'll talk to our man, Kevin Hinks, when we get back. There's Macy's out as well, up marginally this morning. Stay tuned, folks. We'll be right back in three minutes. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study, resulting in a seven million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC. Vista Gold executing a strategy to create shareholder value. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything, from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 247 newsletter at tfnn.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 247 newsletter today, tfnn.com, educating investors. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 days risk-free today. TFNN, educating investors. All Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Back folks, we get the S&Ps right now, negative by 5, NASDAQ 100, negative by 23. You get the Dow in the red barely by above 33 points as well. All the market's rolling over a little bit from the highs you had at about 4am this morning. Let's jump over to our man, Kevin Hicks. Every trading day, folks, 12 noon Eastern Time, fast market from the TD Ameritrade Network right here on Tiger TV. Kevin Hicks, Tom White, the team of TD Ameritrade Network. They break down the day's action, folks. They walk you through hypothetical trade setups. You're talking about options. You're talking about defined risk in a market where we get the VIX spiking a little bit again up to above 23 this morning. Kevin Hicks, good morning. Good morning, Tommy O'Brien. Yes, unfortunately for these indices this morning, good news in Dick's Sporting Goods, good news in Macy's, isn't giving me enough to keep us in the green. This market's going to remain tense, Tommy, until later in the week when we get some inflation data and Jerome Powell speaks in Jackson Hole. So I would expect what the dollar word is with yields rising that this market's going to be stressed slightly until the end of the week, Tommy. Yeah, it's interesting, Kevin. So often we've seen some of the moves in the market proceed, right? Some of the expectations, Fed meetings in particular, we're now less than a month out from the September Fed meeting as we approach and we get Chairman Powell this Friday at Jackson Hole. We got the yields back above 3%. What's your take on the yield action? Quite a volatile session, man. You got the 10-year, 117-18 about this morning. Quite a pullback, Kevin, when you look at it. August 2nd, I got on the Thinkorswim platform a price on the 10-year of 122 and just like that in the same month, August 23rd, we're back to 117-18. What's your take on yields right now coming into, as you said, a Fed Friday and then we're right into September for another Fed meeting? Yeah, Tommy, August 11th, the dollar we're worried about the dollar holding 105. It's now over one, sitting right at 109. So that affects rates as well, as you know. We are clearly, when you compare us to China, when you compare us to Europe, when you compare us to Japan, we are the most hawkish building on the street, Tommy, and that is causing our dollar rally, causing our rates to come up. Now, 3% in the 10-year is probably going to bring in some foreign buying eventually, but you know that our Fed has been pretty consistent in their messaging about staying hawkish, staying attacking inflation. So I think it's very important, the inflation numbers that we get Friday with the PCE data out of income and outlays. So we'll see how that happens, but if the tone change here, I would be waiting till a little later in the week maybe, but you know you do get durable goods on Wednesday. You do get the second look at second quarter GDP on Thursday, but that number on Friday is going to be the big one, Tommy. Yeah, and it's pretty cool, as you mentioned. So Friday is going to be a big day, of course, with the Chairman of Jackson Hole PCE, as you mentioned, and I was just looking at the calendar, Kevin, so that is this week. We come into next week, well, next week as we trail off potentially in the long weekend, right, we're coming into the long weekend and the summer, and when we come back on Tuesday, September 6th, we're literally just two weeks away from a Fed meeting. Seems like it's coming up pretty quickly.  We got some action this week in earnings among the Fed, the Fed speak that we'll get. What are you guys talking about on 12 o'clock at 12 o'clock today, Kevin? We'll look at three names, two names coming out with earnings and one that we'll look at. And that is told brothers that we'll look at. And then in the first segment, and then we'll look at JW Nordstrom, like fully old do presentation on Nordstrom and retail in general. And then we'll look at PayPal, how we pay for those retail purchases that we make. And that's PayPal. So told brothers, JW Nordstrom and PayPal today. Pretty interesting as I pull those up told brothers, housing, of course, interest rates above 3%, really interesting how that's going to play out. Kevin, you have the housing prices, everyone seems pretty convinced that at least the market has stalled to put it lightly when you have rates where they are mortgage rates where they are, what that does to a mortgage payment and just the general economy. But then you have the component of rents in the CPI, which is so interesting, man, one third of the cost of CPI shelter with everything else going on told brothers. So man, that's a tough chart right now trading at 45 bucks down from $75 folks at the end of last year. Well, Kevin, we appreciate the time you take with us every morning, man. We'll be watching fast market today. You have a great one, and we'll be watching at 12. Thanks for having me on, Tommy. Have a great day. Always a pleasure. Folks, tune in every trading day. We got a great week of earnings. You heard the three stocks that they'll be talking about. They set up outstanding trades. And in this market, folks, defined risk, I mean, what do we have yesterday? A 2% pullback basically, NASDAQ almost down 3%. Pretty cool when you can lock that in. And still, okay, VIX, you can't wait, folks, for the VIX to spike to lock in your defined risk trades when you're paying the volatility premium. But the cool part is you can always take both sides of the trade. So right now, I would say the VIX, pretty affordable volatility premium in this market when you look at where it's been just over the last year, even, right? We ticked down to 20. It catches a bid almost where we were in April. But we've seen much loftier levels, I should say, 36, 35, 37, 35, even 27, 28. My guess would be that this is not the spike in the VIX that we have seen the end of as in we got some volatility, man. We're going to get Fed Friday with Chairman Powell and Jackson Hole. Kevin mentioned PCE, personal consumption expenditure, a big number that the Fed is always watching. That number comes out Friday. The market, I'm sure, reacts to that as it does Chairman Powell. We'll see what he has to say in his speech, 10 a.m. Eastern Time Friday. And then as I mentioned, next week, okay, end of next week, it's going to trail off, man. We're coming into Memorial Day weekend end of summer, excuse me, Labor Day weekend, right? I always get them. Let's get me, yeah, Labor Day weekend. September 5th is Monday, market will be closer to that. So end of next week's going to trail off. And when we get back Tuesday, September 6th, guess what? Two weeks for a Fed meeting. You've seen this market trade into those meetings, folks, and you better believe that it's possible that this market gets ahead of a Fed that while they said they're going to be data dependent, okay, and the market loved the fact they were going to be data dependent last go-around, all that really meant was we have to wait for the data and we're still on course to hike intensely until the market shows us that inflation has been tamed. And it has not shown that to the slightest yet, folks. All right, let's jump around to some of the stocks we're moving this morning. We kick it off with Macy's. Macy's, talk about tough chart, man, barely higher this morning on their numbers. Not reflected yet on this chart, but you're up above 15 pennies. Macy's trading at 1861. You take a look at it a three-year weekly, right? You are back to where you were prior to COVID, but talk about getting ahead of itself, man. Up to 38 bucks, you give it all back from that run. July 19th of last year, you're trading at 1568. You trade down to 1585, within about 16 pennies. So, yeah, maybe that's a nice four, 1570, somewhere like that from Macy's. They come out with their numbers. There's your short-term action, a little bit of a spike higher. They give it back a bit as well. And Dick's Sporting Goods out with their numbers. Decent numbers for Dick's, a little bit higher. Again, though, you take a look at this chart. Yes, quite a bounce, man, but they had quite a pullback. And the last year, you were at 142, you get cut in half to $70. Now, yes, we got quite a bounce going. You're going to open at about 113. As I mentioned on yesterday's show, I was actually on the Dick's Sporting Goods on Sunday. Man, they got some, they got like everything in that store, right? I was buying a little t-ball glove for our man in the house, a t-ball helmet, a t-ball on top of it. Yeah. And we'll take a look at Zoom when we get back, folks. On the flip side, Zoom, down about 12% this morning. We'll go over some other equities with earnings this week, including Peloton. Stay tuned, folks, and be right back. Time of looming inflation. We are purchasing powers eroded. There's no better place to protect your harder and money-thinning gold. This is the gold's flagship asset, the Mount Todd Gold Project in the Northern Territory of Australia. This is Australia's largest unveloped gold project. We are talking a world-class gold project in a tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. Vista Gold just completed the Mount Todd Feasibility Study, which resulted in a 7 million ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational, as well as environmental permits. This distinguishes Mount Todd as an attractive, devious part, ready development stage gold project. Vista Gold trades on the New York Stock Exchange and the symbol VGZ. TFNN is excited about our new software charting program, the Art of Timing the Trade Chart. 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 Chart allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Chart 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 going to 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 Chart today by visiting TFNN.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN Educating Investors. We jump over to Macy's. Their numbers, they're opening up 2.1%. We'll call it in the positive and we jump over to Zoom. No dice. Down 14%. Man, this one is a tough one, folks. 83.94. You got a low out there in May of 79.03. Down from not 357, folks. No, not 357. Down from 5.88 about two years ago. Now, here's the other kicker in this. You want to talk about time flying, right? We're almost two years past Zoom's high, right? Doesn't seem like the market's been in that steep of a pullback, but this thing has been a one-way trip from 5.88. Yeah, you got quite a bounce in here last May from 273 to 400. Be careful in bear market bounces, folks. 270 to 400 as in, you can see the markets do similar things just like Zoom did. Did you ever think that when this thing went from 270 to 400 that you'd be chopping around near 100 for the better part of this year when you were pushing 400 in July of last year? Down 13.2%. Now, let's jump over to Zoom to kick off their numbers to start with. Here's back the annual forecast and here's the kicker. Revenue growth, single digit growth. That was not what was supposed to happen when this thing was pushing 600 bucks. Revenue growth slowed to 8% from 12% in a year ago quarter. I mean, it's one thing if you're growing at a flat rate, right? You're not accelerating growth, but that's a race to zero growth, folks. If you're in a downward trend from 12 to 8 to 6, 5, 4, 3, 2, 1, 0, right? Now, they blame the strong in part on the US dollar, okay? But the tough part about when you have companies missing earnings like this is that they're going to blame all the things happening right now and it's on your job as an investor to figure out whether that's accurate or whether they're just excuses. And when you jump back, $1.05 versus $94, but the revenue they missed by, and that's $20 million, folks, on a 90-day basis. 1.1 versus 1.12. Revenue only growing in the fiscal second quarter, 8% year-over-year slowing from the 12%, net income fell to 45.7 million in the quarter from 316.9 million in the year ago quarter. They increased spending on sales and marketing and still they dropped from 12 to 8. They're struggling, folks. The one thing about this is you might be getting back to some multiple levels that you might be comfortable with in Zoom, man. End of the quarter, it had about 204,100 enterprise customers. Those are business units that Zoom's direct sales teams, resellers and partners work with, up less than 3% from the 198,900. 198,900 three months earlier. So what do they gain? 4100 plus 1100, 5200. They gain 5200 enterprise customers in 90 days. What are they adding? 10, they're adding 50 customers a day, right? They get some serious multiples to only be adding 50 customers a day, folks, especially with the type of money that they're plowing in, where they went from making 316 million to making 45 million, and they're adding 50 customers a day. Well, what is that? They just added 5200 customers, enterprise. They went up to 204,000 from about 199,000. So we'll call 5,000 customers. 5,200 is what the number is. And from that increase in sales and marketing, I mean, just the net income, and there's a lot that goes into it differently, okay? But net income alone seems like they just missed out on 270 million dollars in profit, right? So at 270 million dollars in profit, let's do one of the numbers here, because I was a big bull at one point, folks, okay? But when you start running these numbers, they're spending $52,000 per enterprise customer added. Now, that is not what they're spending, okay? The difference in net income is not what they spent to secure those customers, okay? But part of the reason why they're making only 45 million versus 316 million a year ago is because they spent more on sales and marketing. And when you spend more on sales and marketing, the companies that matter to this company are the enterprise customers, okay? I use Zoom for free. Zoom isn't going to make any money off of me. Maybe if we use it for TFNM, they could, okay? We do not currently use it for TFNM right now. They added 5,000 enterprise customers. They made 270 million about less money. You do those numbers. They're spending $152,000 per enterprise customer, okay? Now, yeah, it goes a lot deeper than that. Who knows what they're actually selling everything on, okay? Enterprise customers deliver 54% of total revenue. I'm surprised it's even that small online business customers or Zoom customers that don't work directly with Zoom salespeople, resellers, or partners. And that's a tough one, folks. I would let this one sort out a little bit, because that is a tough one in a big way. And we got Zoom down 12.7%. And that's with the market up above five points. Maybe you find a little bit of bid on that acceleration lower. But yeah, that's a tough one to say the least. All right, let's jump around a little bit of currencies. Yeah, we're talking a little bit of euros. Why not? We'll talk a little Euro-US dollar. Look at that. We're finally getting a little bit of a pop. What's going on there? Back to parity potentially. We got a 98-handle, folks, on my chart. A 98-handle on the Euro-US dollar. And we might be going way lower. We're approaching parity yet again. 99.63%. But boy, you take a look at this thing on a daily, folks. You want to talk about well-defined channel lines. How's that channel line for you? Going back basically seven months, the Euro-US dollar has been in a downtrend channel. And if you just head towards the bottom part of that channel, you're talking about 97 and 96. And that's in the short term, folks. We could be there in five, six days at this type of action. We were trading at 104 almost two weeks ago. And we're at 98. 99, we'll call it. Yeah, some tough goes around, as Kevin mentioned, right? Dollar. I think we're pushing 109 right now on the dollar index. Let's jump over to the yen. Look at that yen. 137.5. I mean, that's a big reason we got some negative action in the gold contract. Gold up $3 today, but we just pulled back from 1820 to 1750. You take a look at gold on a little bit of a longer term basis. Now, the cool thing about this, all right, I even got to go back five years. You got to get the COVID, no, not the COVID lows, because this thing started in 2018. You accelerate from about 1176. There's your COVID volatility right there. It just blew right through it, right? Right up to 2089. And you could make the case that this thing's been consolidating in a price range of about 1700 to 1750, the lower portion of that range up to about 2000. Got a couple tails above that area for the better part of almost two years. You've been in this price level. Now, what's cool here is the bottom part of this support for gold, for you gold bulls out there, and I know we got some gold bulls out there. I think we got some gold traders at least. That's right at the 3A2. All right. And yeah, it's an art not a science folks. All right. It looks like this thing, maybe 1700. The round number is where it's comfortable with. Maybe the 3A2 at about 1740 is where that area starts. Okay. But we're approaching that area right now. You've held that area in terms of the last two years in gold at a price level 1700 to 1752. What is necessary there, man, is to see how the dollar trades because if the Fed is going to hike it, the dollar's got strength. What's going to happen, right? Gold's going to have a tough go around when priced in dollars. Stay tuned folks. We've got a lot to talk about. We'll be right back. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices, selective stocks and commodities. Subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com. Educating investors. Target prices and stops to set for each trade. Dave delivers his weekly newsletters every Friday with updates throughout the week. You can get the technology insider at tfnn.com for only $37.50. Sign up for Dave's newsletter, the technology insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day money-back guarantee. tfnn. Educating investors. Will the S&P 500 continue to climb? For bold trades on U.S. large-cap stocks in either direction, trade SPXL, SPUU, or SPXS. Directions daily, S&P 500, bull and bear, leveraged ETFs. Direction leveraged ETFs. An investor should carefully consider a fund's investment objective, risks, charges, and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus, call<PHONE_NUMBER> or visit Direction Investments.com. A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. Amazon shares are up by about a third of a percent right now. You jump to Apple, news out of Apple. They're going to be making iPhones in China, probably a smart move to be diversifying away from India, probably a smart move to be diversifying away from China. You've got to get those two right for sure. Apple, flat today. You jumped to Microsoft shares, down two tenths right now. Jump over to Tesla. Tesla's going to be splitting three for one later in the week. Tesla down about a third of a percent as the markets roll over slightly into the red this morning. Let's see how some of the stocks with earnings. Macy's holding up on its gains up 3 percent right now. Dicks up 2 percent right now and Zoom down 12.5 percent. Do not expect a huge bounce out of Zoom this morning, folks. That was a Zoom bull for a while. And maybe at these price levels, you can start being a bull at these levels.  You're talking about, I mean, check this out, right? You're back to October of 2019 prices, man. Just wild stuff. Obviously, vastly overvalued their growth, but they're a profitable company. So what happens is, is that when you're a profitable company and the market knows that you're only growing at 8 percent down from 12 percent, the multiples you're getting on there, it's almost becomes calculated in math for not a dividend company, right? But they're growing at 8 percent and they're a profitable company. Much easier to do the valuation of what that company is worth versus when they have astronomical growth rates that obviously Zoom couldn't keep up with. All right. We get Peloton. Speaking of stocks to pull back later in the week. Checking out Peloton down 3.1 percent today. You talk about a pullback, man. This thing puts Zoom to shame at 11.22. And again, not the same as Zoom, Peloton, not making money, all right? Burning cash in a big way. Zoom, they made 45 million down from 300 plus million. I imagine they'll be back to somewhere in that area though, in terms of being able to make margins on that type of business, even though they're plowing money into sales and growth, they're going to eventually either figure out it's not working or they're going to figure out that system and that funnel to get it done. My guess is they figure out that it's not going to work. You can't just transform a company that was grown from 12% to 8% even though you're spending a lot of money to change that and somehow just spend enough to grow. You can't do it sometimes. I mean, they might have reached peak Zoom as in, if you haven't paid for Zoom yet and we're two and a half years into the pandemic, you've probably adjusted your life in a way that you don't need it, or you've adjusted your business in a way that you don't need it, right? All right. Jumping around to some of the other articles I had pulled up here. Let's kick it off with this one, which I found somewhat interesting. So JP Morgan, when you get into it, yeah, that was yesterday. So the headline is, and this is what's to keep on your radar folks, all right? JP Morgan is looking for another supersized rate hike. This one's out yesterday at about 3 o'clock in the afternoon on Fox Business. They're looking for 75 basis points in September, folks, and the meeting is September 20th and 21st. We make it through next week. You come back September 6th and you're exactly two weeks ahead of that meeting. So get ready for the market to start getting their chips in line in a big way. Some of the other data points I wanted to bring up that I was looking at this morning, talking about housing, all right? A couple of tweets out here from Liz Ann Saunders. Average cost of building a home now, almost 300,000. Interior finishes, the most expensive component at 75K, setting aside when you got land labor and sales in there, that number coming in at 188,000. Interesting to see how those go in there. Home framing alone, 52,000. Let me see if I can blow this up. There we go. Foundation is 35K. Exterior finishes, you're talking about 42,000. Major systems, 44,000. Miscellaneous is 11. Siteworks 18. Final steps, 20K. Throw it on top and you're at about $300,000. Staying with housing as well. Pandemic boom town, no more. Get Tampa out of there, man. I kid. Areas with growth during the initial phase of the pandemic, seeing a slowdown in sales. Boise, Idaho, they were rocking, man. 70% of homes for sale dropped asking price in July. More than double the 30% from a year earlier. Now, Boise is at the top here. Taking a look at this, you have the orange is 2022. So you have a lot more home prices being caught. And we've been hearing this, right? My dad and Bessford doing an outstanding show on Fridays, folks. If you catch one show my dad does all week and you're in real estate at all, catch the Friday show at Bessford. They go over some great numbers. They go over the statistics in Pinellas County, how many price reductions, how many sales, how many new listings. Those alone can give you a nice pulse for the market. Boise down big, there's Tampa, man. What were you looking? Last year you're probably pushing 30%. We're having a price cut right now. What is that? Probably 55% of homes that are for sale in July, seeing a price cut in Tampa. You know, you can't deny the numbers in that type of action, folks, all right? The other way to saying that though, even last year when the market was going up 20 to 30% in Tampa, you still had somehow 30% of homes having price cuts. Maybe they were just reaching for the moon. Maybe they were just the most least, most desirable properties around. Nonetheless, those numbers almost doubling on July numbers for homes as everything, kind of facing a little bit of a pullback. And anytime we got rates rising yet again, folks, we had the 10 year yield just rise about a half a percent in a very short period of time, okay? Jumping back to that 10 year, that's a weekly, putting it on a daily. We just had the 10 year rise about a half a percent this month alone. That's going to weigh on those homes yet again. Here's the kicker though. What happens to rental prices then? It's quite a conundrum that we find ourselves in. We see as in it's all supposed to help inflation, right? Shelter is one-third of inflation. If causing interest rates to spike means that nobody can buy a house even though they're already hard to buy, so what are they going to do? They're going to rent. Well, what's happened to rental prices? They're still going up. Why?  Eventually, that market can reach a healthy equilibrium, but it's not there yet, man. And that is a real worry when you're talking about a Fed that's on a course to hike interest rates. And they might be doing their third consecutive 75 basis points hike coming up. It's either 50 or 75 and we find out in less than a month. All right. Jumping around to some of the other headlines I had pulled up here. We'll go quick. There's the headline on Apple. The new iPhone to show India closing the tech gap with China. So they're going to release the iPhone out of China, okay? But two months after that, they're going to begin manufacturing the iPhone 14 in India, probably a smart movement. You do not want to be prone to all of your production in China as seems like geopolitical risks ratcheting it up in a pretty big way over in China to say the least. This one I found interesting. Nice article on Bloomberg over there talking about the cash of college, Harvard status as the wealthiest school, oil rich contender University of Texas. You can't compete with oil at 100 bucks a barrel, folks. And I am being serious, man. You check out this chart. There it is. Okay. You got Harvard in the pink here. They're up at the highest level. The University of Texas is in the green. Yale is in the blue. They all got quite a nice acceleration as the market exploded higher. And you want an example, folks, of the outsized returns that the market just had. Look at these endowments and how they pop, man. You do not see pops like that across the board. They all just accelerated higher. But nonetheless, University of Texas, they're going to be catching up. They're making $6 million a day. How about that? We'll talk a little bit about this when we get back. It seems inevitable that they're going to catch up. They're at $42.9 billion right now. Harvard $53.2 billion. Not bad. Stay tuned, folks. I'll be right back. With live programming hosted by a variety of professional traders during market hours, and now they are expanding their reach with the Tigers Den, available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders in the Tigers Den. You can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tigers Den at Discord is accessible on mobile or tablets as well. So it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com – Educating Investors Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything, from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com – Educating Investors Up by half a percent. There's an acceleration for you. $12,965 on the Nasdaq 100. Dow barely in the red right now. Jumping back to that story, before we do it, what's crude trading at right now? $92.95. Look at that acceleration, man. Crude just had $93. Watch out. So, University of Texas. Now, really cool how this story shakes out in terms of where this came from. The amount of land that they own is as large as like multiple states in the U.S. I was trying to find exactly how big their property is. It does say in here, this is a big article that they have over here in Bloomberg. We went over this here. Now, what they're talking about is some of the other biggest endowments are going to have negative years this year with the market pullback. Not going to be the case probably for the University of Texas. Now, how did they get all this land? In the 1800s, the state of Texas set aside land to help fund public higher education. Could you imagine if that happened today, even in the state of Texas, not to digress, okay? It's setting aside land to help finance higher education. It's a bummer what's happened in folks' education, getting demonized everywhere, okay? Even in a state like Texas. But what happened? At first, it seemed like a worthless gift. The dry rugged acres bestowed to the University were supposed to generate some money from grazing rights for cattle. But what happened? In 1923, they struck oil man and they've been pumping ever since. Most of the University's land happens to sit atop the nation's most productive oil basin. Not bad, man. The amount of oil they're pumping folks, the land produced the equivalent of roughly 300,000 barrels of crude per day. And the best part is they collect the royalty no matter how much it costs to operate, to produce its royalties averaged 22.3% per a barrel. Yeah, that is quite a number, man. So I imagine they are going to eclipse those numbers because boy, we got crude rocking. It's probably going to rock for some time. Tough to compete with that type of land and production of crude. Pumping those crude, crude right out of the ground, man. Good, goes to education. Probably one of the best things we could do fun for the next generation. Stay tuned, folks. I'm and Basil Chapman's next. Thanks so much for starting your day with me live programming all day at TFN and folks. Have a great Tuesday.


Okay, I haven't had any graphic tool here installed, so I had to be creative. So welcome at my presentation. My name is Miroslav Horvat and I'm going to talk about virtual terrain. So with Blender Terrain Tools, which is Blender add-on, I've been working probably already for eight years and it's still not released. But let's talk about it a little bit later. So let me introduce myself first. I work as a technical environment artist and now I do quite a lot of things, stuff for R&D, for a new engine we are working on at Bohemia Interactive. So that's my company. Is there anyone who knows this company or plays the games? Okay, thank you. Actually, so I'm wearing this daisy t-shirt. So there are two more. There are some key rings, so just if you want to check it, it's ER, it's for free. So this company is actually well-known for titles, game titles like original Operation Flashpoint, Arma series, all of these are like military shooter games in a really, well, let's say, big environment. There are some more titles like Take On Helicopters, which is kind of like a helicopter game, Take On Mars, that's a simulator of astronaut being on Mars and doing some tasks. There are actually a few more, but just check on our websites. I just quickly have to turn my notes. Welcome to you. So I guess I don't need this for a while. Let's step to the showcases, actually. So one more note, Bohemia Interactive has their studios in Czech Republic. There are three studios, one in Bratislava at Slovakia, and there's another one in Thailand and really newly opened one here in Amsterdam. So if you will stay till the end, I will have some job offers for you. And now let's start with the tool itself. So let's have a look at the tool. I have it already enabled as an add-on. So what this tool is actually about is my thesis is to create landscapes or environments for the games. When I came to the company and started working with the tools, I find out that there are some gaps in the development or in the pipeline of the creation of environments. And I've been already playing with Blender for maybe four years back then. So I saw quite a lot of opportunities to take advantage of existing features, but it just needed kind of like chaining them together and make an automation. So let's say sculpting, painting, there's quite a lot of there. Some modifiers can be really used for development of believable environments for the games. At the beginning, I was really new to Blender API, but after all those years, at the first place, I just wanted to fill those gaps in the development of the maps. But then after eight years, I get very familiar with the API, and right now, this tool can really replace our internal tools. But I have to still kind of use the original one for baking the data and so on. Okay, so what I'm going to do right now, I'm going to import terrain with satellite imagery, which we use to texture it or as a reference. So first of all, I need, let's say here, call it intro. I use GDAL, I'm not sure if you're aware of this. Actually, my long background is in GIS, so this is the Geo tool, let's call it for processing Geo data. Of course, we work quite a lot with this data. And import satellite imagery, let's import elevation, okay, and so now I'm going to the Blender or the tool creating just a preview of the area. This is the map from ARMA to Operation Arrowhead called Pakistan, it's a fictional map based on real data somewhere in Afghanistan, Yakovlan province, I guess. Okay, so right now I have a preview of the area of the data and I can now import it. Let me just quickly change the DPI, very small, I guess you can see it actually, right? The text is fine, right? Or you need it a little bit bigger? Okay, so once again, let's import this area. Oh, let's call it Wally. So basically this is the initial step I needed to work with the terrain. So it's there, you can basically fly over with the camera. So basically right now I can use, let's say, the sculpting mode to add some details. Right away I can just export it back. There are a few more features. I'm going to show right now. One good point actually is, so when I import the piece of land, I create a new scene. So I'm actually then allowed to, lovely, okay. Why did that happen? Okay, so I have all of these as a kind of layers, okay, I'll put it again. So I can have more of these locations imported in one file. So I have just kind of like warning what was the previous one. So I won't import the same one. So I won't rewrite some sculpting or painting. So if I create a new one, location, show, yeah. One thing I really hate about this thing is that there's no possibility to lock the view in the top ortho. I'm not sure if you have an experience. I've been looking in the API, but I haven't found anything. So sometimes maybe an experienced user just starts doing this and actually the picking location works only from a top down view. So I always have to just do this. But as I said, I have no way so far to lock it in this view. Yeah, yeah, actually that's my typical setup one. Okay, I'll try that. Thank you. Yeah, actually that was, I had that in mind, but there was something else later in the development why I had to still stick into 3D. But we'll see in the future. Thanks. So was there, yeah. So as you can see, there are quite a lot of panels here. Basically, I'm going to just show you some quick shading, which is for me at least very valuable. So basically, this is the textured one. I can have this smooth and then, well, this is the settings you usually can find in the UI. But I like to have it, you know, in one place. So typical matcap, you can pick the shading directly from here. You don't have to go here. And I also like to have a tessellation sometimes so I know where the cracks will be on a terrain. Oops, it was too much. Yeah, so I have the terrain triangulated the way that it is really in the engine. So it's really one to one export and import. Okay, there's also this surface painter, which basically as you may know from Unreal or Unity Engine, you can paint the quite detailed textures like grass, rocks, sand, directly on the terrain. I don't have any file here set up for that, but I'll show you a video, at least one. So this is the version of the Blender Terrain tools. In these videos, a little bit older, it doesn't have a UI, basically, or a really small UI. So this is one of the maps with the object imported. I will get to import the object a little bit later. So this tool allows us, as I said, to paint surfaces on the ground. As you can, you could see, I'll just find it. So each of these surfaces, as you can see, like soil, dirt, whatever, has its own color, which can be seen here, assigned, and this one will be painted on a terrain and later exported as an image and imported to our engine, which can make all the calculation and proper placement of the correct textures. But in this demo, or in this video, there's just the colors, but it can be switched to also visualize the exact tiled textures. The reason why I made this is because we don't have these functions in our tools for the terrains. Now, with the new engine, it's already implemented. When we need it to paint these textures or surfaces, we usually use Photoshop, which is 2D, and we have kind of a possibility to export bounding boxes of the buildings or all the objects in the map. But the problem is that these are just bounding boxes. So for example, if I wanted to draw nice pathwalk to the doors from the road, I didn't know where the doors are. So that's why I make it available to import also the objects, as you can see. So the objects were imported here, and now whoever was working on this area could just ride in the pathway directly to the doors. I guess there are anything special? OK. Yeah, this is basically the exported texture, which then is imported into our tools and prepared for use. Another showcase, it's from, well, it's not really a showcase. It's from Take On Helicopters, where we had these huge maps. There was a Seattle map.  So there was two maps. One was the Seattle. There was an area 60 by 60 kilometers around the downtown. And the other one, there was even bigger. There was 120 kilometers big. It was kind of a South Asia, it was called actually South Asia, South Asia map. And we had to actually do quite a lot of sculpting. I guess there are more screenshots. So this is the downtown Seattle. Yeah, and the biggest problem on this map was that usually when you download or get GIS data, especially elevation, the areas where the sea or oceans is, it's flat. So it's at zero elevation. So I had to basically do quite a lot of sculpting to get the seabed properly done. I could use, I don't know, a work machine or other similar tools. But the problem was that I needed to know how the objects react, because they could be floating or maybe sunk in the terrain. So I had the chance to fix it right away, not having to import something, check it, and vice versa, that would be really time consuming. I guess I have just a small import here of the terrain. Yeah, so this is actually the sculpted one. So if I shrink this one, so maybe it's not really seen, but there is already a seabed. So if I scale these, so there's really so this black plane represents the sea level. Just recently for Daisy, oh, actually I haven't mentioned Daisy. That's actually our current top seller, I would say. It's a game which already, I guess, sold over 3.5 million copies. And there's quite a lot of people playing it on the servers. So it's basically a survival game with lots of zombies. And Daisy kind of started this era of zombie games, I guess, two years ago. Yeah. And I've been asked to create some tool for forest creation. So this map used at Daisy game, it's from Arma II called Charnaros, which is a post Soviet fictional land, 15 by 15 kilometers big. And so the map was already prepared. But back then when I was working on it, I guess, seven years ago, the performance was too poor, not that bad. But we had really dense forest, we eventually had to chop down the density. But now we can do some more magic. So I've been asked to create a new tool to place those trees and make kind of like a prototyping tool for that. So this is basically Charnaros. And it's all beauty. And these polygons, they represent the shapes of the forest, as well as each of these has a custom attribute which or these polygons were actually imported from S3 shapefiles, where each polygon has its own identifier in the attribute table, which basically says what kind of forest should be generated. So we can see it here. So if I place the 3D cursor and press F, yeah, so there's supposed to be a spruce forest with some settings. OK, this one is not defined yet, but let's check. This is the pine forest with all the trees, three types, which will be or three species will really generate it in there with their settings of density, size, and rotation randomization. And so for this presentation, I made a little showcase how it looks like. But usually, I was also doing some kind of prototyping. So I'm allowed to generate those trees only in the selected forest, basically selected polygon, or to do just batch processing, which is quite fast. And it will be saved into a text file, which can be then imported into our engine or our tools. So let's find that location. So this is the spruce forest. The problem is with this camera that I work in real world units, so I have to really scroll to make the camera moving. Actually, that's weird. It doesn't work, whatever. So this is the preview of the generated forest. It's basically the first prototype of settings, but our designers already made quite a lot new forest types and species and combination randomization files. But there's actually another preview. So the algorithm works the way that it can also randomize, but it can also generate kind of like orchards, like shapes for the forest. OK, I guess that's it for tree generation, trees placement. So actually, one way how to generate those trees is to have already some kind of polygons to place them in. But just recently, I had to make a script or a new tool for my other projects, where the creation of those polygons is sometimes really time consuming. So we have to click when you are tracing the shape of the forest. And to me, it's really more natural when I use especially a pen and tablet to make a sketch. So we make a really simple tool. I don't have UI for it right now, but it works the way that I can really just sketch the simple shape here. And when I press F, it makes the polygon. Also, if I make a mistake and let's say something like this, I can go back to delete it and finish it. And there's also a possibility, as you can see, for example, in this case, there are some holes in the forest. So I can designate it right now, like pressing a short key, that this will be, it's usually called an island basic shape. So I can designate the island and one, let's say here. And it creates those holes, so the trees won't be generated here. And I actually plan to do it a little bit more advanced. So to connect that forest directly to this, so once I'm done sketching right after the trees can be generated into, let's say, text files. So the prototyping is much more streamlined and fast. OK, as a technical environment artist, sometimes I'm asked to do some voodoo for the designers. And OK, I guess I don't have the file here, but I can show you later. Another voodoo was for the designers, which actually wanted to see whole channels in a quick preview in an application that they can basically download somewhere. And it's for free, like Blender. So they don't have to fire up a whole engine. If they're, let's say, at home, they just can load it in Blender. So this is generous. That's the map, which is used in the Taze and Arma 2. So basically, there's terrain import. Actually, this material can be used, I guess, real time, because it has no tier. The terrain is actually really, really big. I mean, there's 8.4 million triangles. So it will take a while once it's selected. So basically, you can see here the shader. So if any change is done to the map, they just import it once again. And the coloration is changed in real time. They also wanted to see some previews of selected data. For example, the satellite imagery. It's actually a really huge file. I guess 600 megabytes. So it takes a while. They can quickly preview all the places. Also, these names of the cities and villages can be dynamically changed if they make a change into some config files. And there, I guess, it's one more layer. I'm not sure what these tiers are, but it should be something like for spawning some loot and stuff. And basically, they just draw it and can visualize it in 3D. OK, I have another video. So there's actually one more Bohemia interactive. And it's a simulation part, which does quite a lot of only simulation for military. I've been working there for four years. And basically, it uses the same engine, the same tools, with the same problems. So I also use these tools there. So I'm going to quickly show you. For a promo video, or we made a promo video to promote a new product called VBS3, which stands for Virtual Battle Space. It's being used by many militaries all over the world. I just quickly jump. So there's quite a lot of new features for rendering quite huge terrains. But I will jump quickly to the one I want to showcase. And basically, which we post on in Blender. So this great technology. So we basically needed to model a creek. I'm placing it on the map. But we don't have a possibility to export terrain from our tool to modeling tool so artists can take it. But through my Blender tarantulas, I just imported the terrain, exported it into artis, and maybe also design it, designating some shape of the creek. So they can too take it, model it, and give it to me so I can place it into the map. But there was, so the tool we use pretends to be really clever. So when you place object, it is always snapped to the terrain. So you don't have to position it like in Unreal Engine, for example. But you can also move it up and down and saving the relative distance from the terrain. But the problem was that when I was sculpting terrain in our tool, every time I placed the creek into the correct position. And I sculpted the terrain around to hide all of the sketch. The model gets moved or shifted. So that's why I just, again, fired up Blender and just positioned it, did all the sculpting all around the location of the model and exported the terrain into the file, and put it into our engine. And as well, just exported the position of the model. There was actually quite a lot of prototyping as a part of my responsibilities and prototyping for new features like bridges and tunnels. So there was also a nice task for Blender and terrain tools. So here we have a tunnel. There's the, I actually can fly through quickly. So with the use of splines and some shapes, I could basically quickly create a few models, have them placed in the landscape. And a tool, basically, which is not part of the Blender terrain tools, took the models here from its absolute world position, split it into smaller pieces so the colliders can be done a little bit easier. And it was converted into the P3D file, which is our internal format. There's actually also exported and imported to Blender. So the ARMA community basically can use it for the model creation. And it was then, again, placed in the engine and ready for testing. There's another thing, but I don't have files. I have just a few screenshots. So this was another technology we had to test. It was a river technology. And I basically needed quickly to create some map with some slopes. So this is actually the screenshot from the VBS engine, from its editor. It's a nice slide. And it was basically done really quickly in Blender. So I basically imported the terrain, did a shape of the water. And other terrain was basically snapped with the shrink wrap modifier to this shape and also exported into the engine. Yeah, I guess this is all for the BI sim. And just recently, I started working with Unreal Engine for my personal projects. And as you may know, there's quite nice tools for landscape, creation, sculpting, surfaces painting, or trees placement. But there are still something that I miss. And I, again, made a tool, which is, it takes some of the features from Blender Turn Tool. It has really, really long names. So it's called Blender Landscape Tools for Unreal Engine 4. But let me quickly just install it. And I'll show you what it is about. So yeah, in short, it's basically BLT4UE4. Yes, please. It basically does the same, like import the terrain. You can do the same stuff. But it's more related to Unreal Engine and the structures the terrain has. OK, so as I have a background in GIS, I also have some friends at it's called Institute for Planning and Development of Prague City, where I live. And they recently released really high-risk geodata and opened them actually for everyone to use. So I decided to play with them. So I just want to blindly follow some tutorials. So I really needed a solid project and solid terrain. So I just quickly show you how it looks like. So these data, they include the geodata. I include really high-risk one-meter terrain, satellite imagery in 10 centimeters resolution, 3D buildings, and quite a lot of data for automated placement. So as you will see, I can create roads or generate roads with the help of Blender. I can also place street lamps. And there's definitely much more, even manholes. So for now, I don't know if the result of this will be a game. It will be an application. Let's see. I'm actually still stuck in Unreal Engine. So this is the location of 4 by 4 kilometers around my home, where I actually moved a few months ago. So I live here, here in the middle. It's a really nice place location. I really like it. So this is the Vltava River, the main river, which flows through Prague. So basically, this is it. This is the data. There are 3D buildings here. There are roads. There are even trees. But that was just made quickly for this presentation. As you can see, there are also kind of like a flat mask, which defines where the grass will be, where the different textures will be rendered. And there's also some kind of a shader, which basically makes the set line imagery in the distance with the detailed surfaces on the ground. It's a typical shader in the other games. So as I mentioned, there are roads. There are street lamps, which basically, as I said, was placed based on this geodata. And now back to Blender. So let's quickly create a new, oh, actually, I already have their project. Yeah. So the import basically works the same way as I showed you with the Blender Terrain tools. So there's a preview. I can pick a location and import it. But actually, I forgot to mention one, the essential feature. And that is basically the conversion of the models, which I can basically convert into blend files and import them into the map. And during this project, I was actually really struggling. So I'm not sure if anyone, is there actually anyone here using Unreal Engine? And OK. And do export models? Do you need LODs for the models? So as you may know, there is no way to export LODs into FBX import. Well, it is basically, but then you have to do all the setting up of the LODs manually in the Unreal Engine 4. But there's a kind of quick way. I'm not saying it's safe way, but for me, it's just the work so I kind of like improve the FBX export, which actually basically set up all of the models, even the collision meshes, export it into FBX. And it really works when you drag and drop it into the library or then into the viewport. It really basically starts working. And eventually, I would be really glad that that could be a part of original script, which is bundled with Blender. So I already have a few models converted. This is one of the Bushes, Bush models. Let's ops now this one, not Cycles. Let's go into Blender game and let's give it a sphere. So it's all textured. It has already LODs set up. So it changes, as you may see. As I take advantage of LODs also in my project. And as you can see, also I can just, in a batch mode, I can convert all of these to Blend files and also to FBX. So I can work with the Blend files in my project and with the FBX in the Unreal Engine. So the way how to get, I can close this one and back to the main project. So let's quickly import some location. And so once I'm done with the conversion of the models, I can easily create a library from the set of models. So for example, this library creation is actually part of the tool. So it's here. So I can basically point it to the folder and it set up or import all of those models, set up into grids. So it's easier to have a preview of the models in that library. So let's import it into the project, which is here, import. And it appears here as another scene. It actually automatically opens another window. So I have the two monitor set up. So I have this one on another screen. It's here. So let's actually import another one so I can show you. So right now, basically, if I want to, let's open window. It's a little bit harsh right now, but I have just one monitor. OK, let's switch to our location. And now if I want to place an object, there are actually many possibilities how to do it properly. But I can basically just pick the object and press paste from library. But usually I have it mapped on the P button, but I have not set up it here. I can also place more object at once from the library. So it's placed here. Just to quickly import the trees library so I can. So I've been figuring out how can I improve this to have it done a better way. Let's import it. So there's quite a lot of trees, I guess, in the library. So it's here. So this is the library, sorry, the trees library. And so I've been thinking how to improve this. And I come to select the better way. So I can have these pop up window. Every time I press, let's say, L, L button, and I can then easily just basically pick one of the trees I need to place or bushes or trees or whatever objects I have in my libraries. OK, so what else? Oh, actually, there's one thing I really miss in Unreal Engine. And that's what I actually already mentioned that when you place objects in the viewport, every time you change the terrain, like you sculpt it, the objects won't snap to the terrain. And that's what I've been really missing. And that's what really works here. So even so I can select more. And it's really being snapped to the terrain as I move with them or rotate this way, that way. Or as well as I select the terrain to go into sculpt mode. So yeah, so it's also snapped when I'm sculpting objects. So I don't have to reposition them after sculpting. So right now I can export terrain. So this landscape, it's based off this multi-tile or multi-world technology. So you can have quite a lot of these terrain tiles. And so my tool basically allows me to export the whole scene, this one, into tiles. I just basically need to tell him how many of these tiles, like four by four, it needs to export. It can also, so when I place all these objects, it can export. So for example, if I pick this one, it can write file which Unreal Engine can read. It's basically really easy. So this is the, there are the positions and rotation of the objects. So this is basically the format which I've taken and made it to export all of the objects I have in the viewport. OK, so running out of time. And that's actually, oh, OK, one last thing. So as I was trying to fly, this is actually weird. OK, it works. So regarding the improvements, I would be really glad if we could have this flying, let's say, if I change, I heard about this workflow's feature in a new blender. And it would be nice to have, let's say, if I'm in my tool workflow to have this camera movement instantly, exactly as I have in Unreal Engine. So I don't have to press Shift-F and then fly around. And the, sorry for that, but really stupid thing is that I have to confirm it. Because I usually just press the right button and I'm back in the location where I was. But anyway, I love this feature. And also kind of a problem I have sometimes with bigger locations. And when there's quite a lot of trees, it's, of course, performance. So we'll see what new viewport project brings us. And yeah, and basically those workflows. So sometimes it's for a new base, it's really hard to find things when they actually want to just work with this landscape tool or terrain tool. So the rest for them is really distracting. So that's actually why I have, right now, I have all of the features just right here and not hidden, let's say, in the Objects menu, Objects tab or somewhere else. OK, so I guess that's it. So I have also, so as I mentioned, just bear with me. I just need, again, my presentation file to render last slide. Bear with me. So as I mentioned, so we opened a new office here in Amsterdam. And we are really looking for a technical artist here in Amsterdam office. Here's the address. Or basically, if you go to our site, there's a carriers or job offers section. We don't really mind if you work in the Maya Max or Blender. There's already quite a lot of guys in our company using Blender and TLIME there. You can be sure that there will be still some exports and importers for Blender. Also some, as you can see, some tools to work with Blender and our engine. So here's the contact. If you have any questions, suggestions, whatever, just bump to me. I have this T-shirt. My name is Miro. Maybe there will be some more guys with this T-shirt. I'm Miro. And I guess that's it. Thank you for watching. Thank you.


It's your boy Bubba Duh. We're here with Boss Talk 101. I'm talking about Boss Talk 101. Boss of our bosses. Some of y'all bosses, but y'all taking losses. We ain't taking no losses. Boss Talk 101, pull up when you see a drop on YouTube. Make sure you tune in, get your popcorn, get your soda, and it's going down. If y'all ain't watch your Boss Talk 101, y'all train it! And listen, Mr. Makeup, our guy's here again, man. This is our, this is the guy. For me, this is the greatest comedian. Listen, when he come on, I'm being real with you, man. I watch his skits every time. I've been at the shows. I know what he brings to the table. His stand-up is, listen, unmatched. Bubba Duh's in the building, man. What'd he do, everybody? What'd he do? What'd he do? He had to be Batman. You was on a plane. A jet. Something. And the nigga walked up and say, Yeah, yeah, yeah, I got this, man. I'm not carrying that nigga with no move. Man, I'm done with that. My own carry flew up luggage, no more. I'm making carry his own luggage. I'm flying the plane now. I got to go, bye. Man, and next thing you know, y'all was in a skid together, man. Wait, wait, wait, wait a minute, wait a minute, wait a minute. Come on, for a move one. No plane, man. See this? See this? Yeah. How did y'all even come up with that? And what made y'all even do it? That came from Florida. PS5, what? Listen, PS5 is cool, but this is the real deal. And you ain't quiet as one. Yeah, that came from him. Like, you know, it was Ryan that day. We was headed to LA. He had to go pick up a bag. You know what I'm saying? He was like, Bubba Duh, what's up? What's your schedule like, man? I got to get back to the highlight. No, nigga, I'm kidding that for you for a couple of days, man. I got a bag to get. Let's go get it. So we just, you know what I'm saying? It was Ryan real bad. Just jumped on the plane. He was like, hey, let's do something. Let's put something together. I told him to play. Shit, he executed it. And it is what it is, you know? This one is one. Come on, come on, Florida. It'll be great for both of us, man. I may well trash. Man, I seen that thing, man. It ain't playing this short going crazy. I seen it. I was like, these boys going crazy on here. So like, like, how much preparation going to say? Is this just natural? Natural. I think he a comedian. One take Jake. That was two. That was two takes. That was two takes. That one. But Florida, thank you. A comedian. So, you know, he joking all day long. Any down where he be joking all day long. Man, that's that's I think that's what's hard, man. When you got an organic relationship with somebody, you know, they just pretty much just doing they thing. Man, you know what I'm saying? I seen him when he was messing with that money like he was. I knew he was different.   Man, he got shoes stacked up to the ceiling. I ain't just talking about his closet. I'm talking about every room he got.  He don't wear Jordan's Louis Vuitton. All that red bar. Get shoes. Get stacked. It's just crazy. Damn. We just crazy. Was it YouTube? Jerry bubble. The morning I guess Google me.  Just Google me. I'm on tour right now. I mean, Anderson, Texas. This Sunday night to show for a show. So like 945 is available. There's brand Hollywood baby. Tony Dorsey, Jane over. She's Steven Jones. Damn. Gonna be in the building. And me nigga. Boss talk and boss talk. We'll be in the building. Mama in the building with the cameras. It's gonna. We bring the camera this time. No. He gonna. He gonna bring the camera this time. It's going down. Boss talk. One on one bubble dub. Yeah. We on boss talk. One on one. Here we go.


Welcome to NTN Nightly, I am Genelle Norville, this edition's top stories. The NIC pays out more than $19 million and processes over 26,000 applications under the Economic Relief Program. International travel resumes to the island under revised protocols and draft protocols for beach vendors under review as the tourism industry reopens. The National Insurance Corporation NIC has made major headway in the delivery of the Economic Relief Program, ERP, over the last few weeks. Under the program, the NIC provides financial support to contributors to help them navigate the financial challenges presented by the COVID-19 pandemic. As of the 8th of July 2020, 26,161 applications have been processed and a total of $19.5 million has been paid to qualifying applicants covering the months of April and May. NIC's communications manager MacNorton McLean says that while payments have been made to all applicants for April and May, with completed information, a number of applications remain on query, which the NIC is actively engaged in resolving. The backlog of queried claims has been reduced to 810, which is 3.09% of total applications processed to date. This represents a significant reduction in the initial batch of 4,777 that formed 47.76% of the flood of applications for income support at the start of the Economic Relief Program in April. How fast an applicant gets paid under the ERP for a particular month depends on the following critical elements. Accuracy of the information provided by the employee on the ERPE form, the timing of filing the application, example filing for April and June, and the employer uploading relevant employee information via the employer portal on a timely basis. Although we have made over 20,000 payments, some applicants would experience considerable delays as a result of incomplete or inaccurate information relating to their applications. The NIC took the decision to process applications for the months of April and May 2020 and make payments to these applicants in the absence of upload by some employers in order to expedite payments to these applicants because some of these applications had remained unpaid for too long. The information was too slow in coming from some employers. The NIC empathized with the applicant and understood the challenges confronting them and the NIC could reasonably assume that persons were not in employment for that period. While the NIC has used its discretion for the period mentioned, McLean explained what will obtain going forward. The NIC is aware that most employees outside the tourism sector have returned to work during the month of June and it would be contrary to the spirit and intent of the program to pay economic relief support to persons in receipt of a salary. The NIC is also aware that some employers are either reluctant or unwilling to send in or upload the information necessary for the NIC to ascertain the employment status of the applicant. Reluctantly, because of this, the NIC will only be processing payments for the month of June for applicants whose employers have provided the information required by the NIC. In such cases, applicants should expect at a minimum to wait a long time before receiving any payment from the NIC. That's for the period of June. The NIC has commenced making payments for June, claimants who previously applied for the ERP are not required to reapply. However, employers are required to provide updated information in the employer portal on the NIC website on the status of the employees as this is critical to ensuring that employees are paid in a timely manner. Meanwhile, on Sunday, July 12, the Economic Recovery and Resilience Plan for St. Lucia will be unveiled. Prime Minister and Minister for Finance, Economic Growth, Job Creation, External Affairs and the Public Service Hon. Alan Shastney has explained that the plan is part of the government's structured and long-term response to the impact of the COVID-19 pandemic. The plan was prepared by the Ministry of Finance with recommendations from the Economic Recovery Multisectorial Committee comprising representatives from the private sector, trade unions and employers. That body was tasked with making recommendations to repair an Economic Recovery and Resilience Plan, given the adverse effects that the lockdown and physical distancing measures have had on the earnings of all sectors within the economy. Because of COVID-19, I don't know when I'll be able to work again. Because of the coronavirus, we've lost 80% of our revenue. How can the government ban start the economy? The coronavirus took us unexpected, so we can blame the government, but we're just uncertain of the future. As a bus driver, how do that stimulus package help you? This is the coronavirus thing that's not been the same. I just want to know what the government do to help single mothers take care of their children. Considering the stimulus package, I would like to know how it will be implemented. Tune in on Sunday as we present the Solution Economic and Recovery Resilience Plan. There's something there for everyone. Together we will continue to build a new and stronger solution. The COVID-19 Economic Recovery and Resilience Plan seeks primarily to curtail the impact that both global and domestic economic contraction is having on the business sector, drive economic activity through public sector capital investment projects, protect the poor, marginalized and most vulnerable segments of the St Lucia population, accelerate reforms that will build the resilience of the private and public sector, and strengthen the health system. The plan will be detailed Sunday, July 12 at 8pm on the National Television Network, NTN and local partner stations. St Lucia welcomed international travel activity Thursday 9th July as revised travel protocols came into effect. Pre-testing prior to travel is mandatory. Visitors must provide a negative PCR test result, taken 7 days or less before travel to St Lucia. All arriving passengers are screened, including temperature checks at the Hironore International Airport. Donna Lynn Vite is the permanent secretary in the Ministry of Tourism. She spoke to the protocols in an update to the nation. We know there may be sleep-ups in that system. We are preparing for the sleep-ups, and so this is why the PM or the Prime Minister would have alluded to the testing on arrival. This is not the travel protocol that we have established significantly, but it is there to be able to mitigate any shortfalls within the system. And I thank the Prime Minister for indicating that to the public. So is it there to accommodate perhaps someone who may have arrived with a negative test, but by the time they get to St Lucia, would have perhaps been exhibiting symptoms? That is one of the reasons. Significantly, it is there to ensure that any gaps are closed and are closed at the airport so that persons who enter St Lucia do not have that opportunity to go and mingle or co-mingle with persons to increase the risk. Any symptomatic passengers will be isolated and tested. They will be required to remain in quarantine, isolation at the hotel, or government operated quarantine facility until the test result is obtained. If the test is positive, they will be transferred to a treatment facility until they receive two negative test results and are clinically stable. Effective Friday, July 10, 2020, there will be a further relaxing of measures instituted to protect the nation from COVID-19. Cinemas will reopen, early childhood development centres are also to open, tournaments, sporting events and contact sports with protocols for spectators are being allowed. The yachting sector will reopen with strict protocols. Chief Medical Officer Dr Sharon Belmar George says it is important that the protocols at cinemas be observed. Children who have respiratory signs and symptoms would not be allowed in. In those cases, parents would have to keep those children at home and disinfection and cleaning of those areas would have to be a lot more frequent than before. And also the habit of putting more than one child within close proximity would no longer be allowed. So it's a lot of new measures. Unfortunately, we have to adopt to reduce any possibility of contamination because we know with children, they go on to each other. It's more difficult to be able to implement those measures. So it means, first of all, they would not be able to take in the volume of kids that they normally have at any one point. This is another thing, the number of kids that you take into one space would be reduced and the measures that you put in place at the facility would have to change. Are you requiring the children themselves to be wearing masks? No, we're not allowing the children to wear masks because what the recommendation for masks, if you sufficiently distance the necessary measures, you don't have to keep the mask on all of the time. Protocols for the early childhood centres or daycare centres were developed in conjunction with the St. Lucia Bureau of Standards and Ministry of Education. We look at infection prevention and control which the staff of the cinema has to make sure are in place for everyone coming in. And also it won't be what we normally see in the cinema where everybody just sits together. Similar to the seating within the religious organisations, families can sit together in the same pool in the same bench but you can't have everybody sitting in close. So it would have to be either alternate or every two other seats to ensure spacing. And also the crowding and grouping where you get your drinks and your eats, physical distancing would have to be implemented at that level. The curfew instituted at the height of the pandemic in St. Lucia has also been lifted. The National Conservation Authority NCA has appealed to seaside vendors to await clearance before resuming their trade as St. Lucia's hotels and tourism sector reopens in a pilot phase. 17 properties including hotels, sites and attractions have attained COVID-19 compliance. In addition, 56 dayboat operators have been cleared by the St. Lucia Air and Seaport Authority, Slasper, to operate in a pilot phase. Understanding the beach vendors are anxious to return to apply in their trade, NCA Commercial Services Officer Lydia Cox stressed that this must be done in adherence to protocols specific to their enterprise. However, they cannot return to the beach until we say so because there are a number of things that need to be put in place, the protocols for the activities on the beach. Also, we have to look at the training of these vendors because everything is going to be different now. It's not going to be business as usual. And for this reason, we've asked our vendors to stay away from the beach until we've put everything in place to ensure that they are safe and that the persons that they are dealing with, the people that they will be dealing with are also safe. Draft protocols for beach vendors are currently being reviewed for approval. Meantime, the NCA Office has assisted some vendors with applications for income support offered by the Government of St. Lucia to non-contributors of the NIC, whose livelihoods suffered due to the effects of the pandemic. We have been assisting them from the office by applying on their behalf. However, I would like to say to the vendors that you need to pay your NIC. Moving forward, you need to pay your NIC because it is your money you're putting away for later. And none of us saw what was going to happen today with COVID. But besides, when you get older, when you retire, when you can no longer work, this is what you're going to be depending on to give you a little something on a monthly basis so you can survive. So we'd like to encourage them to now look at this whole thing and revisit how they do their business and to pay their NIC contribution. That was Lydia Cox Commercial Services Officer at the National Conservation Authority. The NCA is also appealing to beach-goers to clean up after themselves, noting a stark contrast of the pristine condition of the shores during the COVID-19 restrictions and the resumption of indiscriminate waste disposal as the beaches reopened. And this is NTIA Nightly, up next, Primers-Hudginson with the NTIA Nuffel Aquial. It is possible for infected food handlers or workers to introduce the COVID-19 virus into food or onto surfaces within the food business by coughing and sneezing or through hand contact unless they strictly follow good personal hygiene practices. Food handlers must wash their hands before starting work, before handling cooked or ready to eat food, after handling or preparing raw food, after handling waste, after cleaning duties, after using the toilet, after blowing the nose or sneezing or coughing, after eating or drinking, and after handling money. More than ever before, your important role as gatekeepers of St. Lucia's nutritional health and food security should be taken seriously. When you exercise these precautions, you not only safeguard your health, but also continue to allow St. Lucia's access to clean, healthy and safe food. Remember, it is our responsibility to ensure our nation is fresh, St. Lucia's best. Welcome back. We join Primers-Hudginson for the NTIA Nuffel Aquial. Thank you very much, General. Thank you, Madam University Department for the information on the Government of St. Lucia, GIS and the National Television of the NTIA Nuffel Aquial. Thank you, Primers-Hudginson. I am very happy to be here in the name of Allen Chastney, to address the Nation and to address the Nation. On Wednesday 12 July we will present the Government in its way to raise the economy of the Nation with full resilience. It will be done in 8 years. The National Television of the NTIA. I am very happy to be here and hear your responsibility to finance and create an economy for the easing of employment among all public positions. I want to explain to you that the Salah Initiative is a government plan in order to address the situation of COVID-19 for those who are coming. The Ministry of Finance has been preparing the Salah for the recommendation of the committee which is responsible for the recommendation of the Committee of the Salah Committee in the representative of the private sector, the CDC, and the union with the employees. I want to present the recommendation in a way to prepare for the resuscitation of the economic pay-as, under consideration of the Salah, which is in place for COVID-19 patients mainly as a social distance situation which has affected the whole sector of the economic sector. I want to present the recommendation with a pay for service, utility, and not even capable of pursuing a career. Currently, I am learning how to implement diverse ways to immediately address these situations. Among these, it is a national program to help people who have peace and who do not work presently. The plan of this economic situation is possibly to seek in these diverse ways to cover the economic situation and also domestic matter in this sector of business. It is to protect the people and others who are most vulnerable to the country's population. Plus, it is also to seek in the face to build resilience in this sector of business, to strengthen this system, and to continue to build resilience in this sector in general. So, the journey is an invitation for all of us here to look forward to addressing this issue. We have lemon and assobitch. You just cut and cut the zodiacs. Two birds with one stone. We cut the lemon, and cut the zodiacs. We cut the lemon, and cut the zodiacs. We need to have that right now. Right, we need to have that right now. We have to have that right now. Right, exactly. We need to have that right now. We need to have that right now. Officers who are working at the NCEA, ladies and gentlemen, we have a company that is working on the normal life. We have a small company that is working on the normal life. We have a company that is working on the normal life. They are here specifically to support the rest of the male mentre. Before we started, we had decided to work on the laying of the man outlets to help the families to support seminar. But during the seminar, it was fighting again, that is the reason we are here. Because we have� We have to pay the people who are working here. So, currently, we don't have any people. If we don't have any people, we don't have any business. We don't have any place to sell. A lot of the people here are working in the Bicila, we have to go to the activity, we have to go to the wet fed, Actually, we don't do that. Actually, we do a little bit of work. We don't do parties. We do a lot of work. We do a lot of work. We do a little bit of work, but we don't do a lot of work. All these things are different. I had a plane that started to take flight to PAYA. This week. Cinema with different activities. I found permission to operate. Also educational institutions. The Minister of Agriculture and Fisheries said there is no more trust in this program that the government has implemented to assist farmers with the cultivation of PAYA. We have called Joseph Niespaki to assist the farmers to grow the economy for the economy of agriculture, and the economy of the corona. According to the Minister of Agriculture, the government can assist farmers with the official extension of agriculture and the government. We have to assist the farmers to grow the economy to help the farmers to eat PAYA. So, I think that based on the intervention of the government, we have a private entity, but with the government, where it is necessary to buy food, to buy food, on behalf of the Ministry, of course, on behalf of the farmers, we thank the Prime Minister, we also thank the Cabinet for the support of the Ministry of Agriculture and Fisheries for the programs that are implemented to make sure that farmers are comfortable. Minister, I would like to thank Joseph Tika Pali, who has provided us with a $1.4 million for PAYA Debt Wintresh for NFTO. Thank you very much for your time, Madam. I would also like to thank Mr Ota for his invitation to join me in the meeting. Thank you very much for your time, Mr Ota. Thank you very much, Chanel.