a auto tax auto tax adjustment for 1101 and that's going to go into the unclassified and the other is going to be auto tax adjustment and this is going to be 1101 I should put a description ADJ adjusting entry tax or auto let's say for second month and there we have it and then this is going to increase the this is going to increase the unclassified so this needs the class this is the tax adjustment so there it is once again having no impact on the net income so it shouldn't be too intrusive to the bookkeeping side of things so if I go back on over run the report again so so now we've removed the 200 and we put on the books the 11 so the net adjustment then was was the 1 8 8 so if I go into this account then for example we have our adjusting entries are two adjusting entries that net out back down to zero and what is included and this month is then the parking 150 plus this 1101 plus 1101 which is the 1 6101 so pretty neat because then again it kind of gives us this this adjusting this tax adjusting entry worksheet just within QuickBooks which is and it's not very intrusive because if I add this other account that just goes in and back out again now we could do the same thing if we had used this mileage stuff to figure our if we had some mileage deductions for the the personal for for say the medical and charity right I can sort by the by the by the charity and maybe I get a deduction for that but charitable deductions are much more complicated to kind of think about because they're on the schedule aid you might not be using the schedule a the rate is different and then there's a floor that you have to do so so oftentimes it's more complicated to calculate the that well there might not be a floor with charity but there is with the medical expenses so these two are more diff they're usually not as as big a benefit unless you had a lot of charity or medical expenses and they're not as straightforward because they're itemized deductions to calculate kind of as you're going because you see kind of need tax software to actually figure what that's going to actually do but if you're doing your taxes and and you were wanted to have a nice worksheet to track what what you came up with for the tax adjustment for like charitable miles and or or or the medical miles that you calculated in the tax software you can use this similar method for entering into QuickBooks these kind of tax adjustments so that you can see the ending result for your net income on you know like a book basis and then the tax adjustments and then the tax basis given you kind of a reconciliation so that if you have there's an audit or something you can tie out to what you did on the tax return so there's that and then of course we did this on a on a two month basis so if I run this from let's go from 010123 to 123123 then now we have a similar thing for the for the whole year the year to date we made two adjustments on a monthly basis which still kind of tie out here so they still net out to zero so if we did this for multiple months on a monthly basis or in multiple years if we did this in the following year this whole thing's just going to roll into equity so it doesn't really bother the bookkeeping much here because then it's going to wash out to equity and and if they're not using classes for anything else it might not be an issue for anything and then and you can see here that if I looked at the totals we can say this is going to be for taxes for the two months this ties out to the parking which is deductible even if we do the plus we had then if I do this for the whole year plus the 34.43 which is at the yeah the 55443 and this 3443 should tie out over here if I was to say I want to just see all of this and then I want to see all of this and then what's where's my filters get out of here filters and then I want to see this just for the business boom business 34.43 and that ties out to the 34.43 so just a couple some different ways that we could possibly utilize this mileage tracking tool


Is that how you got a T-97? Turn it over. Same thing, you're going to be adjusting left. Open on safe. H-G-O! One of us is a T-97. A decentralized command and the small unit leaders are key in shaping the battlefield. Moving about the AO and having that movement of freedom to make decisions with the commander's intent, truly just hit the nail on the coffin with us and having our ability to improve our proficiencies and our professionalism and deter any adversary along the Indo-Pacific region. Going off of the 2030 plan, it means everything. Leaving it up to the small individual actions from each member of the squad to make their game plan, to exercise it. The Marine Corps is ready.


Whole organ pancreas and islet transplants are two potential treatments for type 1 diabetics who are resistant to optimized medical care. Factors such as kidney function, comorbidities, and treatment goals should be considered when selecting the best option for beta cell replacement. In cases of end-stage kidney disease, simultaneous pancreas kidney transplantation, SPK, is typically recommended. However, due to its complexity and risk, it is important to select candidates carefully. New strategies such as dynamic organ perfusion technology, pancreas bioengineering, and stem cell therapy have been developed to improve outcomes and reduce immune rejection. Overall, SPK has shown promising results in terms of long-term survival and quality of life, but further research is needed to optimize outcomes and reduce risks associated with the procedure. This article was authored by David Martin, Piero Alberti, Nicholas de Martens, and others. We are article.tv, links in the description below.


Hello everyone, I am Sachin Rathod working as assistant professor in mechanical engineering department of world change stop technology, Swalapur. Today, we have to see acceleration in mechanism, so the learning outcome of this session is student will able to understand acceleration in mechanism. In last lecture, we have studied how to draw the velocity diagram by relative velocity method. Now, we have to see what is the basic concept behind the acceleration in mechanism for drawing the acceleration in the mechanism, so we are getting the concept in the acceleration in mechanism. So, we have to get the suppose one particle is there that is moving in circular path. Suppose A point is there, this is center point, A point is giving the motions around this circular path, this will give the radius of O A, if it is rotated in the circular path in clockwise direction, so at this instant the velocity of A particle is V, so after some interval of the time, it will take the new position that is the B position, at that point we are getting the new velocity as V plus delta V, that is that will give the change in velocity by an angle of delta theta, so we have to find out the acceleration, so already we have seen the acceleration is nothing but rate of change of velocity with respect to time, so the change of the velocity is obtained from the velocity triangle, so consider this is the O point as a pole, this will give the velocity, this is the velocity V, so after the some interval of time it will take the angle delta theta and the new velocity we are getting V plus delta V in magnitude as well as in the direction, so it will give the velocity of B and it will give the velocity of A, if I join AB it will give change in the velocity, so this change in the velocity is having two component, this one is AC, this one is a CB, so we can draw with the dotted line, this will give the AC one component, this is another component BC, so we can calculate the value of the AC, so why there is a necessary to find out the AC and AB, because we have to find out the acceleration, acceleration is nothing but the rate of change of velocity with respect to time, so AB is giving the change in velocity, so we have to find out the rate of change of velocity with respect to time for getting the acceleration, so this is having the two component, two mutual perpendicular component AC and CB, so AC can calculate AC is equal to OC minus OA, where OC is nothing, it makes an angle delta theta that is makes an angle, so OC is equal to OB cos of delta theta, so OB is equal to V plus delta V cos of delta theta minus OA, OA is nothing but the V, so as limit delta T tends to 0 cos of delta theta is equal to 1, so we are getting V plus delta V minus V, so we are getting is equal to delta V, next component CB, this is a CB component, CB is equal to directly we are getting OB sin of delta theta, because it is a opposite side, therefore OB is equal to V plus delta V sin of delta theta, as delta T tends to 0, we are getting delta theta is equal to V plus delta V delta theta, so the change of the velocity having two mutual component that one first is called as a tangential component of the acceleration, another is called as a normal or radial component of the acceleration, so it is nothing but the tangential component of the acceleration and this one gives the radial component, so AC will gives you the tangential component and CB gives the radial component, radial component means it is moving towards the center, so first one is tangential component of acceleration, it is denoted by the later A T, so A T is equal to tangential component of the acceleration, acceleration is the rate of change of velocity with respect to time, this will gives the rate of change of velocity of one component, this is the rate of change of velocity of another component, so we are getting AC by delta T is equal to AC is equal to delta V, because already we have seen the rate delta T tends to 0, we are getting the value as a delta V, delta V by delta T, so V is equal to r omega, r into omega by omega V, so A T we are getting d omega by d T is equal to angular acceleration, so r into alpha, so we are getting the tangential component A T is equal to r into alpha, so another component that is a normal or radial component it is denoted by the later A n or A r is equal to this one is the radial component it is denoted by the BC, BC divided by delta T, so BC is equal to V plus delta V delta theta by delta T, so we will make the product V delta theta plus delta V delta theta divided by delta T, as rate of change of velocity and delta theta is small component, so we have to negate this term, so we are getting V delta theta by delta T, so delta theta by delta T it is a rate of change of displacement with respect to time, it will gives the V into omega, this is the angular velocity denoted by the later omega, so V into omega is nothing but V is equal to r omega, therefore omega is equal to V by r, so we are getting V square by r, so the tangential component will be the V square by r and the normal tangential component is r omega, so Et is equal to r into alpha and A r is equal to V square by r, this is equation number one, equation number two, so by using these two equation we can easily find out the tangential component and radial component of acceleration and in this we should know the, suppose this is a one link, it is link AB, if it is moving with the angular velocity omega, so it is having the radial component and the tangential component for finding the acceleration, so support is rotated in the clockwise direction, so first one is the radial component, radial component is nothing but we have to draw the parallel line to this AB, suppose this is the A point, we have to draw the parallel line, so along this line the radial component will lie, so suppose the radial component is moving towards the center, so we have to take the V point or the component of this below the A point, so suppose this one is the X point and the value of the radial component is V square by r and next one is the tangential component which is perpendicular to this link, so we have to draw the perpendicular line and the magnitude is equal to tangential component r into alpha make one line, so if I draw in this two point it will gives V point, it is your the radial component, it is a tangential component, this is a basic concept to draw the acceleration, so I have taken these two as a reference, thank you.


We all depend on clean water and, you know, everyone says we need oil, but first and foremost, we need water. I'm from Minnesota Chippewa Tribe Beach Lake and I'm the Northern Organizer for Minnesota 350. And I was one of the co-founding sisters of RISE Coalition. We are holding front lines in many locations here in northern Minnesota, along with other camps and other, you know, organizations that feel that we must defend our treaties. And our ancestors signed those treaties to protect our way of life. We were to live as good neighbors and leave this earth in a better way than we found it. And we see line three and all these extractions are a violation of those treaties. There's been huge frackouts and a lot of the water is already being contaminated. So we see firsthand how dangerous this pipeline is and how it threatens our food. And when it threatens our food and our water, we see it as an act of genocide. So this is just the beginning of what treaty relationships are going to look like. I think treaties are going to, you know, take years and years to find some justice, but I think it's a good place to be for now. And I also feel that, you know, some of the camps that are doing direct action is a great way. Also to show the rest of the world that we are not okay with this and, you know, we are the seeds that they couldn't destroy and we're flourishing now. So we're going to continue to grow and hold space in treaty and direct action. We cannot give up. We must build on community power, people power in native style. People can join this resistance by following us on Facebook at Rise Coalition, GNU Collective, Camp Magizzi, the Welcome Water Center, Minnesota 350, Minnesota Interfaith Power and Light and Indigenous Environmental Network. And just reach out to us because we find healing, we find strength, and we find inspiration and we find power when we show up together. Because when we stand together, we don't stand alone.


What's up guys this is Alex from Xtrades back to you with another weekly trade ideas list. I hope everybody had a wonderful new year. I know I just chilled with the house and was just ready to get back to work to be honest. But let's go ahead and get into our first setup here. So we're going to be looking at L-Sid. I really like this falling wedge here. You see it's breaking out slightly. It wasn't really a crazy increase of volume when it broke out but I still feel like it could be worth a watch. Everybody will see it move up to $7.89 first. I need to see what it does from there before going any higher but I mean I could just see it. You know maybe curl it up about there. Reject it about there. And then you know if it does well or obviously that $7.89 is going to need to get cleared. So I'm looking at calls on that. Last week we had a lot of call setups last week but the market really went nowhere. So I'm hoping this week will be a little bit better because I mean there really wasn't that many great setups last week. The index has stayed in the range and I mean it just it could have been better. So let's go ahead and get into number two here. We're looking at PayPal. Similar setup. I mean if you drew a trend line here, pretty much looks like a falling wedge as well. Just like I'll say. But maybe not as tight. The one thing you're going to want to see PayPal do here is get over the $71.17 level. It's going to run up maybe to major resistance at $77.81 assuming that it can catch some bullish momentum. And you can see it's just a straight sell-in balance area in this area. Then it comes up to the $50.00 EMA as well as the $77.81. So I can see it running up about there and you know finding resistance about there. If you want, set an alert, maybe make sure this area doesn't break or you know make sure it is reclaiming with assurance that it's getting over that $71.17 and if we zoom this out a little bit so the volume is on the way, that $71.17 comes from this pivot right here. You can see that pivot low from the spurning. Made support here. I mean you can just see why this $71.17 could be important to reclaim. So yeah I'm looking at calls on that as well. If you want to stay conservative, just stick to day trades, you know same as usual. If you're going to swing trade, obviously 30 to 60 days of expiration is going to be your best bet. And you know you're not going to take all these to go of this video and every week's video is to let you look at five different ones, see which one maybe looks best to you, maybe pick one or two of them or so so you don't overwhelm yourself and then you can go ahead and you know try to enter and make sure your risk profile is set out. You have a stop loss and all that good stuff. Remember this is just like ideas, it's not like a suggestion or financial advice or anything. I'm just playing the technicals and I'm sharing my ideas with you so just always remember that. Always remember to manage risk. So looking at calls, L-SID and PayPal, the volume is pretty good. I mean these are pretty liquid names. The option chain usually has high volume and open interest. That could be good. I just like to pay attention to more liquid assets because you know you can exit out of the option sooner. The spreads aren't as wide and you know you can go ahead and exit nice. So we're going to go into Home Depot, ticker symbol HD. So you can see I mean clear head and shoulders right, bearish pattern. One thing the bearish do have going against them is this up trend line. So there is always a vulnerability of that curling up you know the trend line heading back up to supply. So what we're going to be doing is not entering this right away or anything. We're going to be waiting for the neckline to break first to confirm the head and shoulders and that would give you you know about what is the 31150 support. So when the 31150 support breaks you can pretty much confirm that the neckline will go ahead and break down and you can enter put. So we're going to add alert at horizontal trend line. We'll name it breakdown slash neckline and that would go ahead and give you an alert to wait for. So you can wait for this to set up. If you were any more bullish this week on the market, I mean this trend line could be good to play off of maybe for short-term calls or something. I just really I don't like the head and shoulders pattern.  You got a higher high making a peak. You got a second shoulder and eventually it can break down. I'm sure a lot of you have seen these play out time and time again. I think the daily timeframe is really useful finding these kind of patterns. I think they're more successful than if you were to like, you know, taste something intraday.  You're prone to get fake out. But with the one day and the four hour and the hourlies, I feel like these patterns are just more reliable as well as trend lines and support and resistance just much more reliable when you're focusing on the daily level. So that's why we're doing that. But yeah, so this 31150 area is going to be your area of focus. You're going to wait for that to break down before entering anything. So this is kind of playing the waiting game on this setup. I'll sit in PayPal. Obviously you do have to confirm and break out. So maybe you don't have to wait for those, but maybe I mean you could wait for a dip, maybe wait for a back test or something and always wait for confirmation. You know, don't just enter and get FOMO just because you see something right at Monday's open. Pay attention to the first 15 minutes. Make sure that cash open is good. People are, you know, buying and supporting the thesis that it's going to go up or down before entering something.  You could trade the opening range breakout. Yeah, I mean, it's a good time to focus on the first 15 minutes before entering something. So that's just a little tip. You know, if you are day trading or trying to learn how to enter stuff better, maybe just wait the first 15 minutes.  Wait for something to confirm your bias. Let the alibis and Wall Street hash it out the first 15 minutes because it can get a little crazy, right? The volume is picking up. Mark it on open orders or flooding in from Wall Street and it could create a lot of volatility and it would be a little overwhelming. So yeah, just remember that. Maybe wait the first 15 minutes. Like I said, yeah, 311.50 is the focus. I'm going to put some of this next. We're going to go into EEM. So this is the emerging markets index. It's ETF really nice volume 24 seven. I mean, this is like 38 million shares. And you can see it's a liquid asset. So I really like this one in terms of trading the emerging market. So with this is the head and shoulders similar to HD, what you just saw, you get the left shoulder creates a P even redacted off supply up there. You can see it comes back down, makes a second shoulder. But this one is unconfirmed as well. If you really wanted to be sure, we're going to set an alert at 3735. Do the same thing, breakdown slash neckline. And that's going to be your confirmation for puts on the bear setup. So you'll want to see a breakdown, back test the line, back test the neckline maybe, cause obviously it's not just going to go straight down all the time.  So that's what I'm looking at on EEM. Just wait for that 3735 level to break. We set an alert. So it'll be ready for when that happens.  It can, you know, chop around at support. It can bounce off there. Yeah.  And that 3735 would confirm your neckline break. And that comes from this pivot over here. Next, we're going to CLF. So I really like this one for puts. Obviously it's got a clear gap right here. Had a major gap of found trend line resistance. So I was thinking maybe it could feel the gap back down, test the lower trend line. We're trying to probably crop about there after the gap is closed and after the trend line has been tested. So that could be a good one. I would probably focus more on a day trade for this one just because the gap's like not huge or anything.  I mean, you can see, we'll go to the info line. If it filled the whole gap, 4.73% return, just on shares. So, I mean, with options, you know, price that it. CLF can have a little bit higher implied volatility. So the premiums could be a little higher, but I really feel like this could be worth for a day trade, especially if you caught a flat percent move for the gap fill. I mean, those puts can pay really nice. And then what you're doing is just using the lower trend line as a projection for your price target. We do this a lot in our setup. So we, you know, maybe take something counter trend and then we'll aim for the lower trend line in the channel or up trend line, whatever it has. And then exit about there. We did it with like Netflix. I think it was like two weeks ago. And I mean, we do it a lot. So if you ever, you know, want to go back and watch some of those and, you know, mark the time periods and see how it did afterwards, it could give you some educational value. All you're doing is just using this lower trend line as your projection target. So nothing too difficult focusing on the gap. You got 200 EMA rejection here. Got your 200 EMA. The only thing going against you, MACD is still positive. KDJ is trying to curl down, but it hasn't flipped red yet. Like you see in this one. So once that KDJ flips red, I mean, there's a good signal that the market might be curling down on the short term. KDJ will flip signals faster than MACD. MACD kind of smooths out the fall signals, I think. So you can see a state in the buy signal here for longer. Waited a second and flipped red before the KDJ flipped red. KDJ flipped red first, I'm sorry. And then the MACD came in and flipped. You can see it does give early sell signals, early buy signals. So I think the KDJ is more of like a short term, kind of a short term indicator to, you know, see where the market trend is going to flip. So yeah, we're going to have puts on that. We'll go through it again. L-SID, we're looking at calls. PayPal, looking at calls. HD, waiting for confirmation on puts. I think it was like 311.50 cents or something. So 311.50 was your neckline. EEM, we're waiting for that, what is that, 37.50 or something. Waiting for that neckline to break. And then CLF, I mean, you want to see this gap fills and maybe you want to see selling on the cash open first. Maybe take out Friday's low. So if we go into the hourly here, you got OCD, you're rid of that. Let's say it wants to take out Friday's low. That could be your signal to go ahead and take a trade on the gap filled down. That would be at 15.93. So we'll set an alert there too. We'll do Friday's low slash gap fill. So once that Friday's low gets taken out, that's when you will have the confirmation that's going to go ahead and start filling down. Always wait for that. We're setting these confirmation levels first before entering stuff. Sometimes these are going to hit and you're going to get your entry point and sometimes you're not. But that's the beauty of just waiting for confirmation so you don't rush in. And I'd rather be late than early sometimes, to be honest. Because when I'm early, you got to deal with a lot of chop. Sometimes you'll deal with it just bouncing between support and resistance. That's no fun to get caught in unless you're selling premium. So yeah, just wait for that confirmation level first. It's going to give you a little bit more peace of mind, maybe. You know, there's obviously going to be fake outs when it does break down sometimes, but either way, I feel like you're getting a better entry point most of the time just because you're waiting and you're being patient. Next, we'll go into the indexes. So this is the spy. Last week, we were just focused on this demand zone low. So add our major support back here at 390. That was pretty much our focus level. If you're bullish, you do want it to reclaim the 390. So it's the same thing as last week. I mean, we literally went nowhere. This was Friday's closed from last week. This is where we closed this Friday. I did say we had a fairly good argument for a counter trend reversal on Tuesday. Just because we're pulling against the demand zone, you can see it did rip for a couple of days, was not able to get back over 390. Also stayed under the 50. You may have MACD stayed in the negative signal. KDGA stayed in the negative signal. So I mean, you can just see, one could even argue that this is kind of like a bear flag.   So either it's going to pop out of the pendant to the upside or it's going to pop down and break the bear flag and confirm it. So with these kind of pennants, the thing is that they are bilateral. So when they're bilateral, they can go either way, which is why you wait for confirmation for one of them to break. I don't know if you've ever seen the symmetrical wedge. It's kind of like that. So you can't get faked out if you don't wait. You know, somebody might be entering in here, thinking, oh, it's a bear flag. It's going to break down. And then next thing you do, it's popping out of the pendant and ripping to the upside because it broke out. So that's one thing you want to do. Just wait for the trend line to get broken out. You can see why I didn't want to go short here last week. I was saying I want to be careful shorting down here. I mean, this is demand zone, just holding like glue, chopping around. You know, we didn't go anywhere last week. So I'd say that was a good warning for us, honestly.  You know, look at these little candles. Every time it gets down here, it just ripped. So this is a demand zone, obviously an accumulation area. People are adding Wall Street institutions. So you want to be careful with that. But yeah, Kiddy J is crossing up for spot. So that's good. But otherwise you're going to be waiting for this little pendant to either break in either direction. So I don't really have any reading for you right now. Maximum, I got you at 390 or last week's high, which is 387.41. Maximum, I can put you at demands on low, but until, if you're bearish of course, but until one of those breaks, I can't put you any higher. So those are pretty much your focus levels. Same as last week, same general area. Next, we'll go into the QQQs. This is the NASDAQ. I was feeling a little bit more bearish on this one last week. And that was because of this trendline breaking. I was showing you last week, this looked a little bit worse than Spy because this trendline was freshly broken and it did sell off into Tuesday instantly for like two days until it hit this lower support. Perfect. So bears, if you were able to catch this trendline breakdown, you probably ate for a couple of days and they're good. And I was feeling a little bit more bearish on QQQ, but a little more neutral on Spy. And you could see exactly why because of the fresh trendline break and you do have this little low here to be tested eventually. Spy, I mean, it was right in demand. It was looking like it would be more neutral, consolidated. I would say QQQ, I mean, it got torn up for a couple of days before, you know, able to find the bottom. So this week, I'm not really seeing anything specific. You go down into the four hour, there was like some sort of, it was kind of like a wedge, right? Did this, and you can see it, you know, it broke out for a couple of days. But otherwise, I mean, I mean, right in the same spot as when it broke out. So not really seeing anything clear in that. You can maybe argue that the following wedge could turn into something. Although I would have liked to see quicker follow-through on that. One thing to have going for you for the Bulls is the 25908 support holding maximum.  Probably back-tested about there that I could see resistance per usual. But the same thing as last week.  So this is a fresh supply zone. This just created a sale imbalance. So something happened in this day to lead to this. And that's the focus level when you get up there. So yeah, not really seeing anything specific on the QQQ. Bulls have a good argument that it's holding 359 pretty well. Could run up the supply, but maximum, you know, I could put you there. Bears, if it didn't want to break down, obviously you need to get under 259, which is that support. And then maybe go down to the 254 or 52 we go up. That's about as low as I could, you know, about as low as I can go. Because I gotta see how it reacts to the area first.  Usually, I mean, it's, you know, it's gonna make you feel a lot better than if you're shooting through the sky or, you know, shooting for help, which would be way, way lower. Yeah, that's the QQQ. Spy, obviously you're gonna want to wait for the pendant. QQQ did have a small falling wedge, but otherwise, you know, you just want to see this 259 focus level and then the supply. If it didn't get up there, you'd need to watch carefully. Next, we're going to the IWM. Same thing as last week. So this is 174.11. It did break down briefly, but now it's just chopping at the area. We're gonna want to see it, you know, just stay over the 174.11. Obviously, it made a new support low here at 170, but otherwise, I mean, it looks the same. I mean, it pretty much looks similar to the Spy. If you just drew like a little pendant here, you'd be waiting for it to do something out of here.  So it gives you a little bit more of a clear wedge formation. You can see it would need to break out of this for the bowls. If it did want to break out, you want to see it, you know, break out, back test where it probably tried to head up into the one hour 200 EMA or even this 176. So that's another thing with IWM, but otherwise, I mean, it could see the trend line resistance here if it doesn't get over. So that's just something to be mindful of if you do trade the IWM. I know a lot of people in X trades like to trade it. So it's a good liquid asset. It's got good options, it moves nice. It does have sometimes a different effect than the Spy. Keep your cue because you are trading the small mid cap. So yeah, just watch this upper trend line on the one hour. Daily, obviously that same 174.11. I'll even separate the color because this is a different level. This is a daily level. You're going to want to see it stay over 174.11. And then these are kind of like your, this is your low and then this is your weekly. What is that? December 21st high. So you need to see that get taken out as well for the bowl. Otherwise, just be careful of the trend line. Wait for it to break out if you're going to take calls or anything. Puts, you know, for bears might have a good argument here. Just make sure it stays within the trend line. If not, you know, go ahead and stop out because it could get squeezy on the short term. Next, we'll go into the VIX. And I just wanted to throw that out there. We're not going to have the seasonality on the video this week. Season X did turn off their free option for the S&P 500. And I don't have a membership with them. So sorry about that. If you want, just go to the Watchlist Chattel and options watch list in our X-Trade Discord and go ahead and just click on my Almanac page if you want to see like a little, you know, historical outlook on the market. I can tell you that the first trading day, I believe for the new year, does average about, I think the last 20 out of 25 years was an up day. So we'll see. That doesn't mean it's going to happen or anything. 2022 is a completely different year. So, you know, we've got rising interest rates. Fed is, you know, pretty much trying to slow down the economy.   But yeah, so here's the VIX. So I'll go into the data real quick. After Friday's close of 2166, we're going to bring our average down to 2568. So this is our average close for 2022. This is every single close of the year. I'm going to have to start tracking one for 2023 now. So this is our closing volatility average, which is crazy. I mean, 2568 is very elevated. Usually you're seeing the VIX, you know, you know, averaging way lower than that. And if you go to any website and compared to each year, you'll see how elevated this is by a percentage basis. It's crazy. Really went nowhere last week though. I mean, we're still in the same rage. I got the same levels as before. Bears, you're going to want to see it. You're going to start curling back up, head it back up to the 2022 average. We obviously have major resistance up there as well as the moving averages. If you're bullish on stocks, you want to see it go lower down into the 19th. But honestly, that's where I maybe start looking at spot puts is when it gets down a little like that.  And there's even data to prove that. Just for 2022, of course. Any other time, I mean, I can't really speak for that, but just speaking in terms of 2022, you got to realize it was a midterm year and we were, you know, having rate hike go on a lot. So we must have the Fed raise rates, you know, at least five or six different times. So definitely it's going to put pressure on corporate profits. It's going to, you know, put pressure on the middle class. I mean, these guys dictate our money supply. So you got to be really careful betting against them or, you know, even betting with them because they will move the market. Yeah. So you see, I mean, just the 1994, you could just round that up to 20 is their focus level. You know, bulls, you want to see that to hold if it does get down there. I'm personally probably looking at loading puts for a swing 30 to 60 days out when it gets down here. I've just been waiting for the VIX to do something and it just hasn't done anything. It's just been chopping. So we have bearers.  Because you don't know what it's going to do up here and there is a good chance that it will reject. If they wanted to reclaim over the 2022 average close, you know, that could be good for you to take more puts. But first, you want to see it volatility get elevated and you want to see it above that. So what I'll probably do this year, I'll probably carry over this average, you know, just to see, since, you know, since they started raising rates of 2022, I want to see how volatility is going to be affected by that and how the economy is going to affect it as well. So I feel like it'll be smart to keep 2022 and its own thing, but then, you know, roll it over to 2023 in the data so we can keep a consistent average, you know, volatility. So yeah, that's probably what I'll do. And then we'll also start a separate, you know, 2023 volatility average, just so we have a chart and we can see, you know, how it's doing. Next, we're moving to the DXY. So I was personally looking for more upside on the DXY last week. It did not do that. You can see it's just been chopping in this channel. I feel like it had a really good case to, you know, go to the upper trend line and reject about there, but it didn't even do that. It really didn't even do much last week, but now it's just testing 103.44 support, you see? So if you're bearish on stocks, you're going to want to see this hold up. Otherwise, I mean, equities can go pretty crazy. Otherwise, if you're bullish, you're going to see this 103 area get broken. We're probably headed on to 103 flat. Where I get 103 flat from is this. Let me just remove this channel real quick and make this more clear. So I get that 103 level from this little peak here. So this is a 2022 peak from when COVID hit. I would probably try to test about there and maybe try to hold up about there, to be honest. So if that 103.44 support does break, I would really focus on this 2020 peak from when COVID came. You can see that's what it peaked. And then, you know, the Fed came in and came in with unlimited money printing for policy and it just totally destroyed our dollar. So, but now, I mean, you can see, I mean, all year, it's been going crazy, but this is an extremely important level. I think you want to see it hold. If you're a bear, if it went back under, that could be really good for stock. That's pretty much my outlook for DXY. Just make sure to go back to the one day.  So I hope everybody enjoyed this video. Happy New Year. Let's have a great start to Q1. Straight safe, you know, maybe, you know, start small before entering any large positions. Cause, I mean, a lot of trends can be waiting to get established here going into the new year. Make sure you like, comment, and subscribe to our Xtrade YouTube channel. I love you guys and I'm out.


Personal Finance PowerPoint Presentation. What's in your escrow balance and how can you track it? Get ready to get financially fit by practicing personal finance. Most of this information can be found at Investopedia, which you can check out online and continue with looking up the references, resources continuing your research from there. This is by Dan Miller, updated February 14th, 2022. Mortgages are typically made up of four parts, principal, interest, taxes, and insurance. So clearly when we're purchasing the home, we typically can't just put the cash down upfront for the purchase, typically need financing. We're gonna need to be picking up a loan. When we're paying off the loan, we're gonna be paying the principal and the interest. It's important for us to be breaking out the principal and the interest, which we'll show how to do in a bit more depth when we get into the practice problems, making amortization tables. And you might also have worked in there, the taxes and the insurance that you might be paying in a grouped kind of payment on a month by month type of basis. It's important to be able to separate those for different needs. However, obviously from a budgeting perspective, you might be able to consider the cash flow needs by grouping them all together. However, when you're looking at the taxation components of it, you wanna be breaking out the interest versus the principal and breaking out the taxes and insurance, which is something that at the end of the year might be provided to you on the 1098, breaking out that interest in the taxes and so on, on it. Together, these comprise so-called PITI, so you might hear the term PETA, P-I-T-I, which is the principal, interest, taxes and insurance. So often when you talk to financial institutions as to whether or not they believe you can make the loan payments and so on, and they're trying to do those types of calculations, you might hear this term because these are the things that are gonna be grouped in together to figure out whether or not you can make the payments. So we got the PETA and make up your monthly mortgage payment. Since taxes and insurance are typically paid annually or semi-annually, they are usually held in escrow by the lender or another company serving the loan. So these items, if you're trying to think about the month by month payment and they're gonna basically wrap this stuff up into one monthly payment, then you've got a couple issues, right? Well, the loan itself, we basically are going to tweak it so that it's an installment loan, which means we're gonna try to make the payments the same while the principal and interest will vary from payment to payment. The taxes and insurance also are usually not paid to where they're ultimately gonna go to. The taxes go into some kind of government entity and then the insurance, they're gonna be paid usually or semi-yearly or something like that. And therefore, if we're gonna kind of group them into our monthly payment, we're gonna have to estimate how much we're gonna need and divide it by 12 in essence and then combine that into the monthly payments that we're going to be making. That means that if we're making monthly payments, they're not always gonna line up exactly to how much we're paying out because we're only paying out on the taxes and insurance like once a year or twice a year and we're getting the money or the money's coming, we're gonna be paying the money on a monthly type of basis. So you pay into your escrow balance each month with your regular payment and your taxes and insurance are automatically paid from that account when they're due. What is an escrow balance? If your mortgage is escrowed, then your monthly payment is split into three parts. Two parts go toward principal and interest according to your loans amortization schedule. So we'll start to make the amortization schedules to get a feel for them in the practice problems. You also may want to, when you pick up the loan, get the amortization schedule from the financial institution or you can basically construct an amortization table from that point in time to get a feel for what's gonna happen over time because there's gonna be differences between the interest and the principal. In other words, by forcing the loan to be like an installment type of loan where the payments will be the same or uniform from month to month, we're actually sacrificing or we're gonna lose the ability to have the principal and interest portions be the same. Those will differ, those will have impacts on, that difference will have impacts on the equity calculations as well as the taxes possibly. So initially, most of your monthly payment covers interest. So when we're talking about the amortization table, because your loan balance is higher, the rent on the loan will be higher. So you're gonna be paying a lot more interest on the front end of the loan, even though the payment, the amount assigned to the payment of the loan is the same. Over time, more will be going towards principal. So towards the end of the loan, if it's a 30 year loan and you're down towards the end of that 30 years, most of what you're paying is now going towards principal or paying down the loan balance as opposed to interest because the loan is smaller and you're only paying for the rent in essence. That's what interest kind of is, renting the purchasing power, you're only paying for the renting of the purchasing power of the principal that's still left. That has a significant impact on taxes if the interest is deductible. So the third part of your payment goes towards your escrow balance. In many mortgages, funds are held in escrow to pay property taxes and homeowners insurance. So you might have that held in escrow to pay those other home needs, breaking those home needs basically down into a monthly component, even though they're not paid monthly in that case, kind of manipulating things a bit so that you're not having a bigger lump sum payment on the middle of the year or the end of the year, for example, and that can give some, this whole process gives possibly a little bit more of assurance on the lender side of things to make sure that you're able to pay these kind of things that also kind of makes them uniform on a monthly standpoint, which makes it easier for calculations and the budgeting type of things as well. When your taxes are insured, is due the company's servicing of the loan will take the money out of your escrow balance to pay those bills. So not all mortgages require an escrow account. So you may not be required to have this process to package them in there. If they're not, then you'll simply be paying off the loan, which will be the principal and interest payments. And then you'll be paying the property taxes and the insurance, if you have insurance, when it's gonna be required to pay them, which will be possibly semi-yearly or yearly, which would be a bigger cash flow that you'll have to budget for yourself when those things come up. Not all banks require you to escrow money for taxes and insurance. Federal Housing Administration, FHA loans require an escrow account. This protects banks' investments in your property by making sure that the taxes and insurance get paid. So in other words, they would kind of like to know from the banking side of things that the taxes and insurance are being paid because that makes them feel secure that you're still invested in the home because if you get backed up on taxes and insurance, then it's likely that you're not as invested in the home and it's the increased likelihood that it would be that you kind of like walk away from the home or something at that point in time. So they're gonna be feeling more comfortable if you're solidly invested, putting a down payment upfront, as much as you can get upfront, makes the bank feel better and better in the financial institution, as well as making sure all the related debts and costs to the home are up to date, such as the insurance and the property taxes. So you can escrow your taxes and insurance even if your lender doesn't require it. So they might not require it and you might still be able, you might still want to do it easier. And anyways, it could be more convenient in some ways because one, it makes it a monthly payment, makes it a little bit easier. And two, they might report that information for you on the W, the 1098, which might be a little bit easier for the reporting purposes for taxes as well. So, and they also might be if you're worried that you're not the best at budgeting and paying your bills on time or whatever and you don't want to make the property taxes or miss a property tax payment, then they might be better at just managing the property tax payments when they come due as well. This may simplify budgeting for these expenses. Obviously on the knot, they might have a fee for some of that process as well. And you also lose a little bit of the time value of the money because you have to hold it in the escrow account for them to then pay them when they're going to be due. So there's a bit of a trade-off on the pros and cons with that. Can I access money in my escrow balance? So if it's in the escrow balance, can I dip into that if I need it? Typically you can't access the money in your escrow balance. That money is held for the lender or loan service company on your bank, on your behalf. So you might be saying, hey, look, you've got money that you're holding onto in an account that's designated for me. But clearly the purpose of the whole account is that it's designated in that account to pay your specific bills related to the home in part not just for you but to make the lender feel comfortable. So typically you can't really just be like, ah, you know, I got some, I wanna go on vacation or something or I have a financial crisis more likely and I need to get the money out of the escrow balance. It's not what it's really designed for. In most cases, the bank doesn't pay interest on your escrow balance. So you might say, hey, if you're holding onto my escrow balance, you should be giving a return on it, meaning aren't you gonna invest in stocks and bonds? I can get a gain on stocks and bonds? No, because it's usually a short-term thing. They're not really gonna do that. If it's in a bank type of account, why don't you give me interest? Which these days, again, the interest rate is pretty low right now. So you might be saying at the point of this recording, but if we're currently in an inflationary period, it looks like so interest is gonna become more and more relevant, you know, as inflation, if in an inflationary period where rates are higher, interest will of course be more significant if you're thinking now, well, interest is fairly low. You know, I'm not making much on a bank account and interest, maybe not, but if the interest rates jumped up to some larger amount due to whatever economic circumstances, then of course, interest would be more important.  So the total held in your escrow account is generally included in your monthly mortgage statement on your online account information. Periodic escrow analysis, the US government requires lenders to regularly analyze the amount of money in your escrow account. While most lenders do this annually, they may annualize your account more often if the amount that you owe for taxes and insurance changes. So in other words, it's possible that property taxes go up or insurance costs go up, which would mean that the amount that they're breaking down or estimating that you need to pay on a monthly basis could change. And if that happens, it's possible that you could have an adjustment to the amount that you would need to pay in that instance. So during escrow analysis, the lender calculates the amounts that will come due for property taxes and homeowners insurance in the coming year. As an example, say the upcoming year looks like this, January 2500 in semi-annual property taxes, April 1000 for hazard insurance, July 2500 for the second half of the property taxes. So with 6000 in your expected yearly outlay coming up, the lender will divide that by 12 to get a 500 monthly payment towards your escrow account. So they're gonna annualize what they gotta pay. Clearly what they're gonna be paying out is not happening on a monthly basis. They're projecting what the yearly costs will be dividing it by 12. That's the amount that they're gonna be charging you. So when we pay into the account then on a monthly basis, they're gonna be holding onto the money until the money is gonna be due, which isn't due on a monthly basis, right? So then government regulations also allow escrow companies to maintain an extra amount in your account as a cushion in case unexpected payments arise. So you might say, well, that's kinda cutting it close maybe we should have a little bit more money in there just in the event that added costs come up and we don't wanna be short to not pay our bills in there so we could have more money involved as a cushion. And that would of course make them typically more comfortable because to be able to pay the bills up that are coming up. So depending on your escrow balance, your monthly payments may be slightly more than the total expenses divided by 12. So they might say, okay, I'm gonna take that total amount divided by 12, but we're gonna account for a little bit of a cushion in the event that it's necessary for one reason or another just for a safeguard possibly. When your lender performs the escrow analysis, they will send you a statement either by mail or in your online account. This statement will detail the results of the escrow analysis and your new monthly payment amount. The bottom line, your escrow balance is the amount of the money that is held for you in your escrow account also called an impound account in some areas of the country.  Not all lenders require an escrow account though many do. Even if your lender doesn't require it, many people prefer having an escrow account since it makes budgeting for these expenses easier. Why does it do that? Because it takes these payments that are usually annual and puts them into a monthly payment. So if you're not as good, so the pros and cons on the budgeting would be, you might wanna have the cash flow and pay it as late as possible. That's usually good cash management which means you wouldn't want it in the escrow account. You wanna pay it when it becomes due. But on the other hand, you might be saying, I don't wanna worry about it. I wanna have it as even as possible monthly expenses. So I'll let the escrow company and do it on a month by month basis possibly and also lowers the likelihood that you missed the bill because it doesn't come on a monthly basis.  So maybe if you just pay it all on a monthly basis and you can make that kind of automatic, that might be a more easy thing to do and worthwhile just from a logistic standpoint as well.