Chapter 7, the media, government, and politics. Okay, so what national role do the media have? And by media I mean all the big transmitters and information that the public has access to. So what I mean by transmitters of information, television, radio, internet, newspaper, so all the places that we get news from every day is what we call collectively the media. Okay, so what national role do the media have? It's twofold. First of all, the main function of the media is to inform the public, to inform us. To inform us about what is going on in the world, what is going on here in the United States, what is going on with the government. And the idea of that is to allow us to make better choices when we make decisions about government, when we express our political opinions, and when we vote. So we need to know what government is doing, we need to know what certain political candidates believe in before we vote for them, before we decide whether to vote for one particular candidate or not. We need to know what's going on to make a decision about whether a president who's been in office running for re-election should be re-elected or not.  Secondly, the media is there to serve as a watchdog in government. So not just to disseminate information, but actually to dig deeper and find out what the government doesn't want us to know. Often it's the government's secrets that we really need to know, things that the government doesn't want us to know because usually those are things that are bad. If Donald Trump, if there's something, if there's good news that Donald Trump wants us to know, or any president wants us to know, they'll come right out and say it. You know, it's very easy for us to get access to that kind of information. But if the government or a president does something bad, does something wrong, they usually try to hide it, right? That's just human nature. You try to hide your secrets. You try to hide bad information. And so the media isn't just there to inform us about things that are going on, but also to uncover these secrets, uncover bad news to let us know. Because again, in order to have a really good functioning democracy, we need to have access to as much information as we can get in order to make good decisions in order to be good citizens. So the media also serves as a watchdog on government. And some of the biggest government scandals were uncovered by the press, by the media. One of the most famous examples of the media uncovering a huge scandal was in the early 1970s when the Washington Post, one of the biggest and most famous newspapers in the United States in Washington, D.C., uncovered the Watergate scandal, which actually led to the first ever resignation of an American president, Richard Nixon, in 1974. So the Watergate scandal started when Richard Nixon was president, and it began in 1972, two years before Nixon resigned. And at that point in 1972, Nixon was running for reelection. He became president in 1968, four years later in 1972. He's running for reelection, and his campaign was doing a lot of illegal things in an effort to make sure that Richard Nixon was reelected. And one of the things they wanted to do and tried to do but got caught doing was to break into the Democratic Party's national headquarters to try to steal information, secret information from the Democrats that could help them in their own campaign to reelect Richard Nixon. So the Nixon campaign, and there's no evidence that Richard Nixon knew about it when it was happening or actually directed it to happen. It's not as if you ordered somebody to do it, but the campaign, the Nixon campaign, broke into the Democratic Party's national office, which was in the Watergate Building, a famous office and residential building in Washington, D.C., which is why the scandal has been called the Watergate scandal. And the robbers were seen breaking in, they turned on the light it was seen, and the person who saw them called the local police. The police came, caught them in the act, caught the burglars in the act and arrested them. And so the Washington Post began to cover the story and look into it, first only as a minor local robbery, a local crime story. But then as the reporters at the Post began to dig deeper into this, they discovered that the Watergate burglars, who first was assumed this was a local burglary, had connections to the White House. They had the phone numbers on them of people in the White House who were working for the Nixon reelection campaign. So as they began to dig deeper and deeper, two young reporters at the Washington Post, Bob Woodward and Carl Bernstein, who ended up becoming very famous, because they uncovered the story and they ended up writing a book, which was made into a very famous movie. They began to find more and more connections between the supposedly local burglary and the White House and the campaign to reelect Richard Nixon. And in the end, they were secretly given assistance by an anonymous source who at the time was only known as Deep Throat but who we now know was actually a high level official in the FBI who knew all about what was going on and helped the Washington Post uncover the scandal. Now, Richard Nixon probably didn't know about it when it was happening, but when he found out about it, instead of helping law enforcement deal with this case, he actually tried to stand in the way of law enforcement and tried to use the CIA and FBI to prevent law enforcement from investigating this crime. Now that is a crime in itself. That is what's called obstruction of justice. You cannot impede a lawful criminal investigation and that's what he did. And because of that, because he broke the law, Congress began to move toward a process for impeaching him, trying to remove him from office. And right before he was actually impeached, he decided to resign because he saw that there was no way he would be able to survive impeachment. And so rather than be kicked out of office, he decided to resign. So this Watergate scandal is a great example of how the press, because of its ability to do what it does and what it's supposed to do, is able to uncover scandals like this in a way that other American institutions cannot. So because it has such an important role, the media has very powerful constitutional freedoms that are built into the First Amendment. The First Amendment, for example, guarantees freedom of the press, guarantees the ability of the press to perform its two major goals, to inform the public and to serve as a watchdog in government, in a way that cannot be prevented by the government itself. Freedom of the press is designed to protect the nature of democracy. It's designed to protect the ability of the public, me and you, from having access to information, protect us and our ability to access information from the media. The First Amendment prohibits government from passing laws that prevent journalists from publishing facts and conducting investigations. So the press is allowed to report on stories as long as they're true. The press cannot openly lie, but they cannot be prevented from publishing facts and true stories, no matter how bad those facts and true stories would be to the government or whoever else they're writing about. The First Amendment also prohibits government from engaging in what's called prior restraint. Prior restraint means to prevent a publication that the government does not want to become public. So if the government discovers that a newspaper or internet news institution is about to publish a story that is going to make the government look bad, the government cannot do anything to stop it. The government can't pass a law to stop that from happening. The government cannot threaten a news institution against publishing, to not publish a story. A very famous example of this, where the government did try to engage in prior restraint, but was prevented from doing so by the Supreme Court, occurred in 1971, a little bit before Watergate, and that case had to do with something called the Pentagon Papers. The Pentagon Papers were an analysis of the Vietnam War that was conducted by the American government and the Rand Corporation, which was a private corporation that the U.S. government hired to conduct this analytical study of America's involvement in Vietnam. America was involved in the Vietnam War pretty much from the 1950s to the middle of the 1970s. It was up until Afghanistan. It was America's longest war. And so in the 1960s, the war wasn't going so well, so the U.S. government decided to conduct this major study to see how the war was going and to try to determine whether the U.S. should keep fighting in the war, whether the war was renewable. The study came back and was very critical of America's involvement in the Vietnam War, and basically said that America shouldn't be involved in the war, that the United States military and government had made a lot of bad choices, and that it really wasn't going to be prepared to do the kinds of things that were necessary to win the war. But despite the Pentagon Papers, despite the study having said that, what the government was publicly telling the American public was the exact opposite. The U.S. government was telling the American public that the war was going well, that America was winning and that America just needed to be in it a little bit longer and it would win. So in essence, the American government was lying to the American people. Why? Because they didn't want to admit that the war was not going badly. And the American government at the time in the 1960s, starting with Lyndon Johnson and then going into Richard Nixon, neither of those two presidents, Johnson or Nixon, wanted to be the president who gave up on the war. They wanted to have to take the blame and have people criticize them for giving up and losing the war. So because of that, both the Johnson administration and then the Nixon administration openly lied, knowingly lied to the American people. So in 1971, one of the people who was working at the Rand Corporation, who was involved in putting together this study, this report, was fed up with the fact that the American people were being lied to by the public. He took a copy of the Pentagon Papers, smuggled them out of his office because this was before the Internet, before email. So if you wanted to have a copy of a document, you really needed to have a hard copy. So what he did was he photocopied a copy for himself and he smuggled it out of the Rand building, his office. And he gave it to the New York Times. And so the New York Times started to write a big story about these Pentagon Papers. And one of the things that newspaper like the New York Times and Washington Post will do when they're writing a big story, like this involves the government, is they will inform the government that they're writing a story and that they have these Pentagon Papers and ask the government for its side of the story in order to have a balanced newspaper article you need to have both sides of the issue have an opportunity to give it a say. So when the government found out that the New York Times had a copy of this top secret document, they first warned the New York Times that they would use the law to punish the New York Times if it posted a story and then they tried to go to court. And so the New York Times back down, but then the New York Times decided to give a copy of the report to the Washington Post and the Washington Post then started publishing one story, two stories, and then the government then tried to go after the Washington Post and they sued the Washington Post and the case went all the way up to the Supreme Court and the Supreme Court ruled that the First Amendment did not allow the government to do what it was doing. And the First Amendment said that what the government is trying to do here is what's called prior restraint and that's not allowed. So this Pentagon Papers established the Supreme Court precedent that says that the government cannot engage in prior restraint. It cannot stop the media from publishing a story that hasn't published yet that just because the government doesn't want it to. So just like every other civil liberty, there are two basic limitations on the freedom of the press. So there's no civil liberty that is completely unlimited. You can't yell fire in a crime movie theater, right? So there are two basic limitations on freedom of the press. One is libel, which is very similar to slander, which I talked about when in my lecture on civil liberties. Remember that slander means that you cannot knowingly lie about someone with the goal of hurting their reputation, hurting their career, hurting them. Libel is pretty much the same thing except that instead of saying something, it's written. So a newspaper, for example, cannot knowingly write something that's a lie about somebody with the intent to hurt them. You cannot use the media to lie about someone with the intention of hurting them. So that's libel. Another limitation includes certain instances where the protection of individual privacy is considered more important than the public's right to know. So for example, many states have laws that prevent the media, that prohibit the media from publishing the name of a rape victim. Most states also have laws that prevent the publication of the name of a child who's been the victim of sexual crime. During a trial, for example, the media is not allowed to publish the names of people who serve on juries. So these are limitations on freedom of the press and we have these limitations because in these instances that I just gave you examples of, the individual's right to privacy is more important than the public's right to know information from the media. Okay, so what is the mass media? And as I said before, media is a news source that reaches a lot of people. So mass media is a news source that reaches a mass of people, a lot of people at once. So let's talk about the evolution of mass media in the United States and in what stages people were, what certain mass media, what types of mass media people had at their disposal to get information from the very beginning of the United States. So the first real mass media outlet news source in the United States are newspapers which have existed as long as the United States itself has existed and there were even more newspapers back then than are today. Here in New York, we've only had a handful of major newspapers, The Wall Street Journal, The New York Times, The New York Post, The Daily News, and other smaller newspapers that exist back 100, 200 years ago there were even more newspapers in New York City. So newspapers at first and for a very long time were the only real news source that people had at their disposal. So most people got their news, well all people got their news from newspapers and even people who couldn't read would get access to the news because people would go to coffee houses or bars in New York City and read the newspaper out loud so that people who couldn't read could hear the news. So newspapers have existed all the way back to the very foundation of the United States in the 1780s. In the early 1920s radio emerged as another mass media source in the United States so since the 1920s people have also been able to get news from radio. And before TV radio wasn't mostly music, which is what it is today, it was actually more talk radio people and one source of talk radio was news reporting. And so radio existed since the 1920s and in the early 1940s you had network television the very beginning of television and at first when television really started to pick up in the 50s and 60s there were three major channels ABC, NBC and CBS and each of them had their own nightly news show which they still do but back then that was the only news on TV. Every night people would watch TV and watch TV for the news. And then cable television then came about adding to network television in 1980. Cable television news at least began in 1980. Cable TV itself was around for a few years by then in the mid 1970s, mid to late 1970s when you first got cable TV like HBO for example and other cable TV channels and there were very very few back then unlike today where there were hundreds. The very first cable TV news channel, 24 hour news channel was CNN which was started by a guy named Ted Turner in 1980. And that was a really big thing I mean imagine well first of all television the idea of 24 hour television kind of knew itself when I was a kid most TV stations cut out at 12 or 1 a.m. and started up at like 5, 6 a.m. the next morning and it's not like now where there is 24 hour TV almost on every channel. So the idea of a 24 hour station that would be devoted completely to news was quite a remarkable thing and it really did change the way news was reported because you not only had straight news on CNN but you also had analysis and political analysis that could be that often became skewed either in favor of conservatives or favor of liberals so you had the beginning of partisan news on TV at least. Partisan news has existed all the way from the beginning in the United States newspapers for example were very partisan major political parties had their own newspapers that often printed the news from their perspective. Radio also the same but the first real partisan cable news happened with CNN network television was pretty much straight forward just facts not really any political analysis or politically tinted analysis that really only started with CNN cable television. And then so CNN started off and then about 10 years later in the 1990s you had MSNBC that got created and then CNBC which was devoted to business news and then Fox News which came about because Fox News rubber Murdoch the Australian billionaire who started Fox News here in the United States felt that the American media was too liberal than the American television cable TV media was too liberal. So he decided to create a more conservative news source to cater to sort of viewers and that's where you that's where we we came up with Fox News. And then in the mid to late 1990s you had the beginning of the Internet Internet 1.0 which was based on just sort of static websites that weren't very two dimensionals only one dimensional you got on the Internet you read your news and that was it you were able to read the Internet but you weren't able to interact interacting and a more two way street that gave people not just the ability to read information on the Internet but also to publish their own information on the Internet came about with Internet 2.0 and the dissemination of news with Internet 2.0 became more fluid and in some ways more democratic meaning more open to everyone where anybody could publish their own news their own opinions very easily Internet 2.0 because what Internet 2.0 basically was is social media Facebook Twitter Instagram Facebook was created in 2004 Twitter came about in 2006 two years later and then four years after that in 2010 you had Instagram and now you also have Snapchat and all these other social media sources that allow people to interact with new sources to comment to engage to publish their own opinions on Facebook on Twitter and have it reach in some cases 100,000 people millions of people even Barack Obama for example has millions of followers on his Twitter account so when Barack Obama decides to post something political on a political opinion on Twitter it's instantly seen by millions of people who then can retweet it which means even more people can see it I have a Facebook account so if I want right after this lecture to get on and publish something on Facebook I can do that very easily in a way that I couldn't do in the age of network television radio newspaper or cable TV because I'm not wealthy enough to start a newspaper I'm not wealthy enough to start a radio station I'm not wealthy enough to start a network TV or cable TV station but I can I do have the access to post my pins on Facebook or Twitter whether true or not which is where the bad aspect of this comes internet 2.0 social media can be great but it can't be bad because all these other news news media sources have safeguards to make sure that they don't publish anything that is false that is misleading or intentionally misleading especially if it's intentionally misleading however the social media companies have always been very reluctant to play referee to decide if something is accurate or inaccurate Twitter has only recently been starting to do this Facebook has only recently been starting to do this and it's caused a lot of political tension because conservatives believe that social media is more apt to censor them than they are liberals and that may be true so conservatives think they're being picked on by the social media companies so internet 2.0 is a great thing because it allows people like you and me to publish news and to publish ideas or to create a podcast on YouTube for very little money but it's also bad because what if that podcast is designed to purposely mislead people that can cause a lot of harm physically emotionally politically it can cause a lot of harm now so you know as I sort of got into this just a second ago when I said that conservatives believe that the social media and really all media is too partisan is too anti-conservative the media is often criticized especially by conservatives for being too partisan but as I said before the American media has always been partisan newspapers have always been partisan since the beginning of the republic since the beginning of the United States so yes the media is partisan but it's always been like that this is not as if it's a new problem but in some ways you could argue that the media has now become even more partisan and that's because cable TV and internet cable TV and internet have changed the way news is delivered have changed the way people get their news because there are now so many more avenues for news because of this democratization of news that I talked about in the last slide if more and more people have cheap or even free access to publishing in the media you're obviously going to get more media sources and those media sources are going to be partisan some are going to be pro-conservative some are pro-liberal some are pro-socialist some are pro-anarchist and so because people have so many choices and because the choices are so partisan the media has become even more partisan because more people are quote narrow casting and what that means is that people are only getting their news from the kind of sources that they agree with from the kind of sources that gives them the news they want to hear not necessarily a balanced and non-partisan view of the news but the news from the partisan angle that they agree with so people are only hearing what they want to hear they're not getting necessarily a full perspective or the opposite perspective of people who might disagree with them who might get them to look at the news or a certain issue a different way and so it means narrow casting means more closed-minded more blinders on where you're only looking at news in a narrow way rather than a more open way of being exposed to different opinions one other big change in the media today is that there's more corporate ownership of the media newspapers radio stations and television news stations and even internet news stations news websites are more and more being bought by big corporations who then will manipulate and use that news source in a way that they want in a way that pushes their agenda so let's go back to the example of Rupert Murdoch and Fox News when Rupert Murdoch bought Fox News he was already a very wealthy man who owned other news stations around the world who owned and still owns other types of media entertainment companies like movie studios, TV studios, a TV Channel Fox here in New York, Fox News Network Channel 5 these are part of 20th Century Fox which is owned by Rupert Murdoch and so Rupert Murdoch created Fox News in a way to push his own political beliefs his own corporate beliefs which are very conservative and also to make money and in the attempt to make money these news networks will shape the news in a way that helps the corporation that owns them make more money now because of this, because of corporate ownership because of the explosion in the number of news sources, media sources there's also now a propensity for a feeding frenzy to occur whenever there's a big story and what I mean by feeding frenzy is a big huge competition between news outlets to be the first to report on a story because if you're the first to report on a story and you can continually advertise that your newspaper, your radio station, your TV station always gets the newest news first, the biggest news first than more people that watch your station and if more people are watching your station that station can charge more for advertising and that's how they make money through advertising that's how Facebook makes this money from advertising Facebook doesn't charge and does never charge people to join so how do they make their money? advertising so all these media outlets make their money through advertising so the more people are watching means the more people who are watching advertisements and that means that the stations, the TV stations, the newspapers, radio stations can charge more money for the advertising minutes and the more money they can charge, the more profit they make the more money they make so the feeding frenzy is designed as a reflection of this desire to be first but the problem with that is that in the desire to be first many times news outlets will report information that has not been properly verified and so they will report things initially that may not be true not because they're lying but because they haven't checked it out for example so for example on 9-11, September 11, 2001 there were lots of rumors going around lots of stories that were reported that turned out to be false so for example there was a story early in the day not long after the World Trade Center in Pentagon were attacked that the State Department, that a bomb went off in the State Department there was also a rumor that a car bomb went off on the George Washington Bridge that didn't happen but it was still reported in news media because some reporter heard the story and went on TV and reported it as though it happened even though they hadn't properly checked it because they wanted to make sure that no other reporter got the story first, reported the story first so in the race to be first you can often make mistakes and that's what's called the feeding frenzy like pigeons that will run after a piece of bread if you throw it from a park bench they all want to be the first to get to the bread same way that newspaper reporters, TV reporters, radio reporters want to be first that is the end of this lecture I will see you for the next one


We've got a 12 by 12 here. We're going to add some ocean colors to this piece and then we're going to spin it. So let's get into it. We got this bright blue, sky blue. Let's get this cobalt blue in there. Ooh, perfect. And lastly, we're going to add just a little bit of color because the world is full of color. So let's spin it. And here we, final result, looks something like this. Ooh, it's her, baby.


As always this video is a part of a series. There should be an annotation on the screen to the full playlist. I recommend watching the previous videos from this playlist because we're adding on to what we've already learned. This script right here, although I have renamed it randomplacement.html and this when I'm done with this tutorial I will upload this to my website and there will be a link in the description of this video to the files from this series. We have last week's script where we generated 10 cubes lined up as so. Now first things first you see when I rotate and the cubes get far away and again I'm rotating the camera here. If I zoom the camera out you can see the objects getting clipped and again that's because of the clipping we set for the camera when we create it so let's go into our script here go up to where we created the camera and right here we have our near and far clipping let's set this to 10,000 instead of a thousand we'll save that refresh and now you can see I can get the cubes much further away before they start clipping. Clipping is a good thing if you have a lot of stuff going on your scene and stuff in the distance does not really make a difference because clipping will help eliminate stuff that needs to be rendered and help with system resources as your scenes get more complex. So last time we created a variable called mx and said it's negative 500 and then each time we looped we set the x and z position of our object of our mesh to the value of mx but then we added 110 units to mx each time. This time we're going to randomly place our object so I'm going to delete that variable up there because I no longer need it. I'm also going to delete this line where I add to it because again we're not using mx and I'm going to copy and paste this line and change the x here to y so we have x y and z left and right forward and back up and down and what we're going to do here is we're set random position now we could say math dot random and in fact we are going to use that but random through JavaScript gives us a number that is a decimal from anywhere from zero to one so at the very most random will give us the highest number of one and so if I save this and run this we're back to looking again like we only have one cube but actually there's ten cubes that are very close in space if we zoom in here you can see there's multiple cubes overlapping there because this cube is a hundred by a hundred by a hundred in size and so when we're moving from using the random number we're moving the next box randomly at the very most one percent of the size of the box is so it's a very small amount so what we're going to do is well we can multiply to that number but well let's do that let's say and this will work all depending on what you want to do I do recommend downloading these scripts playing with the numbers and seeing the different results so did that now I hit a five and you can see we do have randomly generated those ten boxes but you'll also notice that they're all over to the right and up so there's blank areas here here and here because we're working with completely positive numbers so if this is our our lines of zero and zero we're not gonna have anything on this side of the line anything on this line and definitely not anything down here so the weight because we always have positive numbers how do we can get a negative number now multiplying it by a thousand will guarantee since this at most will be one that it will be within a thousand units of the center of our scene which is good because if they if they if they were too far off you wouldn't see them if they're more than ten thousand off they'd be out of your clipping view if the cameras near the center of our scene but how do we get a negative number sometimes and not others well that's one of the reasons we have a such a small number for our random here so what we're going to do is we're going to put in parentheses because we want this to happen before we multiply by a thousand we are going to subtract point zero five from whatever the random number that is generated so maybe every from zero to one but then we're subtracting negative five and that will get us some negative numbers in there that we're then multiplying by a thousand will refresh here and now you can see we have random if this is a center of our scene we have some cubes in all areas now let's up the number of cubes we're generating so we've created ten let's create a hundred cubes at five there we go now we're really getting the numbers here going here so I can zoom out again at most if the highest number that the random number can give us is one and then we're subtracting five from it it's going to be anywhere it will be the highest number we can get is point five and if the lowest number we get is zero then the lowest number after subtracting point five is point negative point five so we have this nice range from negative point five to negative five giving us a balance of positive and negative numbers so it's going to be a half of a unit positive half of the unit negative times a thousand so really at most these boxes are 500 units away from the center of our scene so what we can do is let's double that spread our boxes out a little bit more because at most from the center there are five boxes apart which means we're gonna get a lot of touching all depends on how grouped you want your cubes so I'm gonna hit at five here to refresh and there we go there a little more spread out now and of course again you can increase that number that you want now all the cubes currently and again I'm rotating the camera here not the cubes using the trackball library from 3js they're all still lined up none of them are randomly rotated so let's go ahead and adjust the rotation of these objects so I'm just going to save time I'm going to paste in copy and paste some lines here wrong line I can hit the right keys here undo paste there we go and change all these say position to say rotation now you might think oh great now we're gonna get random numbers for rotation as is spell things right thing is this would probably work let's see it does work but in reality we are also rotating a lot more than we have to so although that works you could also put in much lower numbers than what we currently have in here so I'm trying to think of what the rotation numbers are so even just that or even probably just doing random and by rotation numbers they are I'm trying to think of is a complete the rotation in this what what numeric value so just putting random in there will give you random rotation if you want to again rotate a certain number of degrees we did that in a previous tutorial it's take pi divide it by 180 and then multiply that by the number of degrees but since we're random here it doesn't matter so that seems work just putting random in there I have seen other people in example scripts use other mathematical equations I'm not sure doing random maybe it's not really giving a real not there are real random numbers in computing but maybe it's not giving the full rotation maybe none of these will have a full rotation ever because the random number never reaches its maximum but for this tutorial just saying that to random seems to work well and of course so I hit f5 to refresh there if I f5 again you can see each time I hit f5 to refresh my page I'm getting randomly theoretically randomly generated cubes and random positions with random rotations so that's it for this tutorial I hope that you found it useful I hope you're finding all these trailers useful again a new video every Friday if you're watching the playlist and you hit a video that's private it's because it hasn't been published yet a new one will be published next Friday if you're enjoying these 3d HTML tutorials using 3js be sure to like this video so I know also comment below let me know what you think if you have questions rather not put them in the comments come and ask me in the IRC channel visit my website filmsbychrist.com that's Chris of the K should be a link in a description click on the tab that says social networking and click on IRC and that will bring you to my IRC channel where I hang out regularly but it's not just me in there there's other people in there just come talk hang out and I hope that you have a great day


A what's going on everyone it's be Avery here and I want to thank you so much for tuning in to another episode of just my opinion where this week or this episode we again are going to be talking about the box office results for the past weekend. It is Monday so we're not going to do the the estimates we're going to do the actuals now with this past weekend's release of course we had Deadpool 2 I have seen the film I enjoyed it for the most part if you are like my opinion on it my full review please subscribe to my channel and go check it out because that is uploaded on the channel but the original Deadpool came through and it was in February 2016 with a breaking records for the biggest R-rated opening of all time at 132 million dollars 132 million 434 thousand 639 but unfortunately Deadpool 2 did not come through as strong it had a record breaking Friday with I believe 58 million and 19 million on Thursday so that's good but it just does not hold that steam and it only came I don't want to say only it came in at 125 million 507 thousand 153 dollars and so I would say that okay that's pretty easy you know you can tell because the film just was not received as well as the first film but it got a cinema score so I mean that's fine I mean that's an A it's not an A minus it's not an A plus either but you know an A you know is is very is you know very good the first one that it was like 53% with 25 and older were Deadpool 2 with 62% was 25 and older and like I was saying yeah it did Deadpool 2 did deliver a record opening R-rated film bring in in a pair of R-rated records with 18.6 million from Thursday and 53 million dollars excuse me from the opening day so I enjoyed the film I'm not gonna go into you know my likes and dislikes right here you can go check out my review I will be doing a spoiler review I don't it will be out this week I don't know exactly when but I just wasn't too excited about seeing it again this past weekend so that may just goes to show how I felt about the film and talent but that's Deadpool right there actually let me look at something that's for Deadpool 2 you know I like my you know I like my showdowns and if you just have Deadpool vs. Deadpool the budget for the first one was 58 million dollars that's extremely cheap making a budget worldwide of 783 million dollars and let me pull out my calculator real quick where is it okay so I just want to see how many times it made the budget so 783 million divided into 58 million so made 13 and a half times the budget that's what's up you know so 58 million dollar budget for Deadpool the production budget for part two Deadpool 2 was nearly double of that 110 million dollars so we're just gonna see how that goes what's also funny is right now with Deadpool 2 worldwide is 300 million 308 300 million 386 thousand 357 dollars that's great and I just said that the Deadpool the first one was 700 million dollars and it even opened in China for the original film until like a month ago so I don't know when it's gonna be released in China for Deadpool 2 may take another week another month another year that is interesting you know I would say the China is very strict on their releases it was they are but at the same time I don't know the culture and the reasoning behind it you know I'm pretty sure it's for the benefit you know but I don't know but that's what we have right there for Deadpool 2 if you just want to look at the day-by-day of course Friday Deadpool 2 1 with 53 million verse Deadpool was once 47 million on Friday 47 million on Friday which doesn't close to Thursday night previews Saturday Deadpool 1 1 42 million with Deadpool 2 was 40 million and then Sunday kick this butt 42 million versus Deadpool 2 31 million on Sunday so I'm thinking it's that word of mouth because every critic and even just some of my friends have hit me up on Facebook or whatever they've all kind of suggested they like the film but they think that the first one is more superior but let's not just give all the attention to Deadpool let's go into the rest of the box office week coming in and number two of course this was a given with Avengers Infinity War at $29 million $29 million 452,903 that was a 52% drop right now it is in 4,002 theaters it was at 4,474 of course I'm going to come back and touch on Avengers Infinity War in a moment coming in at number three is book club at 13 million it's his first week I haven't seen the film life of the party is coming in at number four with 7.6 million dollars this is a second week it had a 57% drop and right now is in 3,600 theaters I have not seen life of the party yet I do plan on seeing that this week is well I plan on seeing I might see this Monday there's a screening in Dallas tonight for Star Wars but I wasn't able to make it there's no one tomorrow night I'm gonna try to go to that one and then I'm gonna see life of the party probably Wednesday and I'm gonna try to see Avengers Infinity War in IMAX 3D before it is out of out of theaters you know for that particular venue but I like almost forgot her name what is your name Melissa McCarthy I like her I'm a fan of hers but right now in the second week she's in her film is at $36 million worldwide I don't know what the production budget is man let's see what let me see if I can finally real quick for life or the party and the director for that was Ben Falcone let's see life for the party give me one moment guys sometime I when I hit record I have an idea of everything that I want to talk about but then when I talk and I want to talk about more so right now the the production budget for us that was 30 million dollars so you know my rule of three I hope it gets to 90 but we're just gonna have to see and you know subscribe cuz I may have a review up on my channel breaking in is making money though in his second week it brought in another six point eight million dollars with a 61% drop so breaking in the life of the party for Mother's Day weekend last week we're neck and neck buff bringing in 17 million but the reason why I said this is making money because the budget for this was much cheaper it was only six million dollars and worldwide you know right now worldwide it's at 30 million dollars so I've already made this money back you know six times three is 18 six times six 36 so yeah get to 36 and they would have made six times this budget so that's what's up Gabriel Union I really did enjoy that film it was playing in Jane it was playing Jane but I did enjoy it but that comes in at number five come in at number six the show dollars was another six million dollars a film I don't care about number seven is overboard bringing in another four point six million a quiet place brought in almost another four million dollars in his seventh week had only a 38% drop right now 2300 theaters quad places budget was 17 million but right now it is at 296 million dollars worldwide it is gonna reach 300 million worldwide that so freakin fantastic I want to give a shout out to John Krasinski and Emily Blunt and you know Michael Bay the producers and all that because it was a great film is making money and so you know the studio paramount you know they should be dancing and singing and popping bottles or whatever they do over there rampage sorry about that hidden the mic rampage is another film that is picking my interest it is in the sixth week right now open two weeks before Avengers Infinity War it brought in another one point one and a half million dollars it is right now 14 level of a 1400 theaters 54% drop 1.6 million dollars for this past weekend so the budget for that film we talked about was 120 million dollars so it needed to make 360 for my whole rule of three and it is over there it is it is past the well it did this last week I think too but it is past the 400 million dollar mark worldwide oh excuse me guys I'm sorry coming in a 407 million dollars worldwide so that's not really really good and it's not bad either and unless they spent like a stupid amount of money on the budget then you know they're doing a pretty good job there so let's just play with some numbers real quick okay so we're gonna say 407 million dollars right let's just say the theaters that I always said third blesses go up to 35% so times 35 I didn't hit the right button times 35% so 142 million we don't even round up a hundred and so out of the 407 million dollars 142 million is gonna go over a hundred oh we rounded up a hundred and forty three million is gonna go to the theater so 407 million minus 143 million dollars right so we got 264 million dollars left over minus the budget 120 million so 144 million dollars left over let's just pretend that the marketing budget was a hundred million dollars attract another hundred million that's a forty four million dollar profit okay so given that is only if the the marketing for this film was a hundred million dollars I hope or not but I'm shooting higher so you have a hundred and twenty million dollar production budget or if you add the marketing 220 million dollars you profit 44 million dollars is that worth it I don't know you know I mean that's why I say respectable profit they didn't lose money unless they just spend a stupid amount of money on marketing you know this film is made money it is profitable you know I'm not a millionaire so I cannot say that if I have a 220 million dollar investment and not only only and only profit 44 million dollars is that worth and I don't know that may be bigger deal to me and there is who knows you know but they made more than a dollar but I seriously doubt that the put the marketing budget for this film was was a hundred million dollars it's probably only 50 million or something like that you know it just depends you know there's I don't really know the formula for that if you guys know please let me know because it this could have profit of a hundred million dollars but I mean this is enough to want a sequel they don't need to spend that much more money if they spent like 150 million on you know on the sequel you know they they need to know that the film is actually better you know than the first one the critics and fans need to come out that open and weekend like rampage to is great and it is better than the first one you know it can't be the same or it definitely can't be worse but I want to see a rampage a sequel and that's why I pay attention to that I feel pretty man hold up with Amy Schumer budget was 32 million right now I said 46 million you know that's not that's not looking too hot for Amy Schumer right now it hasn't been released overseas yet but let me see that's coming in number 10 I feel pretty let's see if it's being released if at all you know because overseas they have their own comedians and people and things like that so it says it says this it was released and a number of territories in April 19th and the first weekend of May so I don't know why I'm not singing in numbers I also was gonna open in one two three four five six six or seven territories in June but you know I feel pretty I enjoyed the film I subscribe to my channel as a review up on my channel if you do want to go see that coming in a number 11 is RBG 1.2 million dollars coming in a number 12 is supertroopers another 1.2 million dollars and coming in a number 13 is my baby Black Panther it had a 58 percent drop right now it is still only in 935 theaters I mean it was released on DVD digital Blu-ray and 4k got my copy right there baby yes yes and 4k and I need y'all's help with this too I have a question to ask y'all and just a second but for Black Panther coming in a number 13 and this 14th week and brought in another 860 thousand dollars unfortunately I do not think that it is going to reach the 700 million dollar mark it is like it needs another two million dollars like 2.2 less than 2.2 million let's just get exact real quick 697 I can't hit the right button 697 822 227 minus 700 million I'm doing it backwards but y'all get my point yeah 2.1 million dollars I don't think it's gonna make another 2.1 million you know it's making it didn't even make a million this past weekend I mean maybe if it's in theaters or another month maybe I don't know I wanted to right now it is a 697 million domestically 646 foreign also what's up with the Saudi Arabia because you know this is the first time in this country they have movies in like 30 35 years I don't I don't have a scene in the news on that but black worldwide right now Black Panther is a 1 billion 343 million 859 thousand 226 dollars so that is there for Black Panther real quick on black also just real quick I just have these here I also got that Batman Ninja it don't got nothing to do with box office but I just had to show you that I also got my Dunkirk a 4k I don't want to pay $30 for this when the first come out because I didn't love the film that much yeah I bought it for 20 bucks so I saved some money 10 bucks but like 80 85% of the film was shot with IMAX cameras and so I have a question about that I saw this in IMAX and I saw this in IMAX to my knowledge both were shot with IMAX cameras when I saw Dunkirk the film the portion of the film that was shot with IMAX cameras it expanded you know the screen expanded we got that extra ratio 70 millimeter versus 65 millimeter I think that's the size of the film but then again we're in the age of digital so I don't think that applies let me know down in the comment section below I need some more info there and when I bring this home when I play it on my TV the IMAX screens expand when I watch Black Panther in IMAX the IMAX screen is expanded in the theater but when I have this at home the IMAX scenes don't expand and I was I was really kind of frustrated with that it was something I was really looking forward to you know when Tatala goes when he pulls up so when he pulls up when he pulls up to Wakanda in his in his talent plane or whatever and he gets off and the dorm allows you walk him down and he goes up to see his mom Angela Bassett Ramona I remember that scene being an IMAX in the theater and it didn't expand at home so if anybody has any valuable information on that I would really appreciate it I just didn't take time to look up to see what happened or maybe I'm wrong okay so we owe something else that I want to bring up is the movie Truth or Dare and the reason why I want to bring up to the you like bring them why you want to bring up to the day that movie sucked I happen to like it it's only it's in it's number 21 in the box office and it's a six-week and only brought in 250,000 the reason why I'm gonna bring it up because it's Blumhouse and they're known for making those movies for but cheap production budget for this was three and a half million dollars three point five million dollars in worldwide it is made seventy six million dollars worldwide so they're like man somebody gonna go see this thing you know I'm saying so you know they make for cheap and they always make a hell of a profit so I just have to give them a kind of little shout out right there for making money hand over fist and if I'm looking crazy right now while y'all looking at looking at me it's because I lost my cursor again I gotta start over okay there it is all right leaving that monitor all right closing this window out we close windows so I don't get confused okay so what we got next I'm gonna talk about the next so I talked about so yeah Deadpool all that good stuff so now Avengers Infinity War coming back to that now it is in what week is this this is the third week or the fourth week I forgot let me see something real quick weekend and this is the fourth week okay so I just knew that Avengers Infinity War was gonna make a ton more money not a ton of money but a decent amount more than Avengers I mean then Black Panther Black Panther made 700 million I'm thinking like okay Avengers Infinity War gonna make 850 million domestically 800 million you know because I'm just thinking like okay man you know we got Black Panther such a phenomenon people gonna go see it especially black people three four five seven times shout out to James he said he was sorry ten times and so we saw the trailer come out in November so we're like wait a minute you know a friend of war come out three months after Black Panther all these black people gonna go see Black Panther you know Black Panther such a prominent role in the film of Avengers Infinity War you know everybody out of black people that want to go see Black Panther gonna go see Infinity War 2 but Disney made a dumb mistake to me in my opinion because you remember guys they did not play the Infinity War trailer if in the Black Panther movie like I just thought that was a given like duh I mean like why would you not do that you know I just I think this was a missed opportunity and I'm getting to my point also I remember after Avengers Age of Ultron in 2015 Ant-Man came out and that one of the post-credits scenes from Ant-Man were mid-credits scenes was the actual scene from Civil War to me a missed opportunity with Black Panther the Avengers Infinity War was they should have played the Avengers Infinity War with the Black Panther movie so all the black people could have been like oh snap there's a lot of Wakanda and Black Panther and Avengers Infinity War that comes out three months let the movie is amazing we just got up all I can buy my tickets now okay let me do that now you know I'm saying another missed opportunity was I feel that you know now in hindsight and which is 2020 is I feel that they should have had like a Black Panther mid-credits scene you know have the Black Panther mid-credits scene I mean have the Avengers Infinity War no have the Black Panther mid-credits scene from Avengers Infinity War and then you know at the end of Black Panther they still could have had the Bucky and then all the UN stuff they could have just tacked that on at the end or whatever and also when you look at the deleted scenes for this right here there was one scene of course where they had Everett Ross the guy from the CIA just kind of like hey it's a child I really don't think you should let everybody know about your vibranium blah blah blah blah they should have kept it in the movie they should have kept the one with a copy talking to a Coyee that the Naga we're in there as well too but anyway so Avengers Infinity War in this fourth weekend like we just talked about had a 29 million dollars right Black Panther in this fourth weekend was 40 million dollars so that's 10 million dollars more or whatever in this fourth weekend Black Panther had a 38% drop Infinity War had a 52% drop now of course that had to do with Deadpool I still think Black Panther would have beat it maybe you know Black Infinity War would have came in at 35 million or something like that this weekend but you know Disney cannot control what in what Fox wanted to do I just think it's so stupid to have five of the biggest films released in a year to be released in the five I mean I'm sorry three of the biggest films to be released in a year to be released in a five-week period which is if Infinity War Deadpool 2 and Star Wars solo which comes out next week which I want to talk about in a second but so right now Black I mean I actually before I said let's look that was the weekend showdown and you know the showdown I'm sorry I'm doing the showdown right now guys my office model opening weekend showdown the biggest opening films of all time which is Star Wars The Force Awakens Jurassic World the Avengers 2012 Star Wars Last Jedi Black Panther and Avengers Infinity War and if you look at the day-to-day Black Panther is winning now and it's been winning for a while you know even going back to last Thursday Friday had 10 million while Infinity War has 7 million Saturday Black Panther had 18 million while Infinity War had 12 million Sunday Black Panther had 12 million while Infinity War had 9 million so Black Panther is beating it pace by pace you know Infinity War may not I mean Black Panther may end up making more than Infinity War domestically I will have to see but you know I don't know probably not but we're just gonna have to see because then again Infinity War is still ahead total domestically with $595 million while at this time Black Panther was at I don't like saying only but I think I'll give my point at 561 million so next weekend though it's gonna be like I mean I would say okay that's not you know the Deadpool 2 didn't hurt it that much you know I'm saying because it's not being received as well as the first one so it Deadpool 2 did not make the 132 million in way to 125 it's probably gonna have a 60% drop I'm just gonna call it right now 55 to 60% drop you know I'm saying so what is that 125 what is that divide about two I don't know what's that 66 is 120 so 62 million something like that I think you know I lost today in cursing in leave where okay there we go all right so let's see I think I think that's what 20 you know yeah I think my math was somewhat correct 25 million oh that's the best that's a 50% drop right okay so 125 so I think in Deadpool may have like a 55 million dollar weekend this week let's see and like you know it may even be bigger than that it may have a 70% drop something like that who knows oh we're quick going back to Black Panther I saw some people like oh Avenger the Phoenix War had a 74 70% drop in China this past weekend blockity blockity blah well that doesn't really matter because they had like the second biggest opening in China ever so if it opens big is gonna have a big drop you know you got to think about that if it opened mediocre small had a big drop that matters that that's an important caveat that I almost left out now actually let me let me go back yeah the numbers data is more is more reliable but I'm still not in love with the site in the design what am I looking at here Avengers oh yeah I'm trying to look at the international because the numbers is faster so right now in China is at 302 million dollars at a 200 million dollar opening had a 70% drop but of course you got through the week 302 million dollars some people thinking that it's gonna make 400 million there I don't know it'll make at least 350 I'm confident on that but going back to Deadpool I actually forgot what I was talking about with Deadpool I'm sorry about that but oh so I would be like yeah you know it's not a big deal the word of mouth is gonna you know affect the box office and you know Avengers Infinity Ward don't got a word about Deadpool but no they got a word about Star Wars solo next week which is gonna make money too I don't know if it's gonna I mean it's gonna make over a hundred million dollars opening weekend I think but you know Disney is competing with itself in Deadpool 2 so that's just problematic to me I really just you know I've said this a thousand times I really feel that Black Panther not Black Panther but Deadpool 2 should have been released not Deadpool yeah Deadpool 2 could have been pushed to August Star Wars kind of could have been pushed to August you know there's not much being released you know in that time frame you know July okay so July you have July 20th you have the equalizer 2 and July 27th you have mission impossible and you know after that you have blindspotting so you may not want to have August first why not the last weekend of August ain't nothing coming out of September that's just you know I don't understand that but any who so then guys so that's that I don't know how much Black Panther not but Avengers Infinity Ward will make hopefully it will make at least 700 million dollars to you know wrist that milestone you know but we're just gonna have to wait and see and right now let me see here hold on sorry guys there's no point of talking about that because I already talked about it but last but not least adjusting for inflation Black Panther is still at number 30 Marvel's Avengers at number 29 and the Avengers Infinity Wars number 50 of course the Avengers Infinity Wars is gonna you know come up past that that's adjusted for inflation we already know domestic it's number three right now at 697 the only thing that's beating Black Panther is Avatar and Star Wars and Force Awakens right now Avengers Infinity War is number 8 domestic when you ignore inflation and all time right now is worldwide Avengers Infinity War 1.8 billion dollars it is number 4 Black Panther right now is at number 9 right behind Avengers Age of Ultron which is number 8 so I'm really really eager to see what these numbers gonna look like next week okay as is is a is a Avengers Infinity War gonna reach the 2 billion dollar mark next week we're just gonna have to see but guys that is just my opinion for the box office results for Deadpool Black Panther and Avengers Infinity War would you think that I leave anything out please let me know down in the comment section below let's get this conversation going and keep it flowing if you like this video go ahead and give me the thumbs up and if you don't it's fine but you can still subscribe to my channel and also go to my website check me out there and bookmark it also look for it on social media Facebook Instagram and Twitter all the good stuff is right at the bottom of the screen and I made it very easy by providing a link to all the good stuff there in the description box below my guys I just want to thank you again for tuning in to my opinion slash review slash reaction to all this box office numbers and before you go don't forget that my name is Brennan Keith-Avery and that's just my opinion peace


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Good morning, cyber traders. Welcome back on this lovely Tuesday. How's everybody doing? Good to see you. Good morning, Michael. Renzo, good to see you. Raymond, Grant. Good to see you, Bill, everybody. All cyber group members. Welcome everybody back here from YouTube, Facebook Live. Let me tell you, this morning, I thought it was gonna, pre-market was horrible. I didn't really see that much going on around 7.30, 8 o'clock. And all of a sudden, you got some good program trading. This JAN stock just literally just took off from nowhere. You could just, I'll just bring up level four. You could see it right here. 8.30, which we know is program trading. It kicked in. All of a sudden, stock from 2.40. Stock is already up almost over a dollar. Great iceberg order started showing up around here. 15,000, 18,000, 74,000. And you got a couple of icebergs holding right here around 3.65. Couple of the ones out there, too. Got a couple of like, BZFID and Tarege. And we'll talk a little bit about that. Well, I call Tarege, Target is Tarege. More of a exclusive, make a little bit better. Sounds like a better word than going to Target. But a lot of good stuff that's going on. And we'll look at, but it just all of a sudden, this is what it's about. You find what's moving in the morning, all of a sudden, things just come out of nowhere and they just pop up there. But before we get, before we start going through that, hopefully everybody enjoyed yesterday's workshop, three day workshop, today is day two. And let me tell you, I was actually very impressed. So many of you took the quiz. Had everyone liked the quiz, by the way? Everybody take the quiz? I think over, I think 60, 70% of you took the quiz. I mean, listen, it's not everyone's gonna take the quiz. I get it, you know what I mean? But have everybody enjoyed that, taking that quiz? Good, good, good. Well, listen, we're gonna be doing a lot more of that stuff. Here at Subterranean University, when we get you to start trading, we wanna make sure that you're ready and you feel comfortable and you're having fun.  I'll get them next time, you know what I mean? It's not like you're gonna quit. It's just part of the job. It's like going to work. Not every day is rainbows and puppy dogs. Some days you gotta deal with it and you need to deal with those catastrophes and that's what makes the job more challenging and that's what makes a lot of fun. So don't forget, 10 o'clock, 10 a.m. this morning, literally about less than an hour away, we're gonna do part two and then we got part three. So for the event that we did for one day, we used to do it one day, we broke up in three days, we added more content, more education. Wanna make sure you know what you're getting yourself involved in before you do it. So look forward to seeing you there. Anyway, that Jan is moving up really, really nicely, looking, I really like it a lot. We're gonna talk a little bit about it.  Let's talk about what happened yesterday before we get started. A-E-R-C, so I wanna talk about some of the stocks that made some big moves yesterday. Let me just fix the entry day chart and show you what we're talking about. This is basically what some of you missed yesterday. This stock had a great run up and it was nice, it didn't really move until about 1030. Once it broke this high right here when it ran from $240 to $3, which is a really nice move, the stock finally made a big move from three all the way up, all the way up until the close, going into after hours to about $5.40. Great day trade, horrible swing trade, okay? So, P-R-A-X, another stock, which was awesome about this stock, and I think Josh was telling me, he calls me in your office, it's faster, you gotta check out this stock. It is on the short list. And let me just bring up the long-term chart. And the reason why some of these stocks tend to fall in the short list, if a stock is above $5, I don't know if they changed the rule if it was three days or five days, but if it's been trading that high for that long, sometimes it ends up being on the short list, and also if the broker has it in their inventory. But what a unbelievable, great short, just gorgeous. $3 all the way down to $220, all the way into the close, drop all the way down to about $1.90. I mean, think about this for a second. Everyone's talking about, oh, look at Amazon, the split, the split, the split. Yeah, yeah, has a split. AMZN, let's check out the split. You had a nice pop in the morning, we went from $9.30 to $124 to $128, right back down, it's already at $121.  This is why we play the game, okay? So some of you that obviously is seeing it more and more. Another stock that we traded, and realistically that was really a big stock. So it was AERA and the PRAX. All right, let's turn to page, let's forget about yesterday, let's start this morning. Wanna hop over here and like we always do it. And this is the thing that some of you have to remember and I wanna remind everybody, and I didn't wanna talk about it yesterday when I did my event at 10 a.m. and I wanna bring it up again. One of the students kept asking me, Fausto, how do you find these stocks? This and that. I'm gonna cover that today in part two of my workshop, my free workshop that I'm doing. But listen, I just work off the big percentage gainers and losers. Jan was right there at 8.30, look at it. You could've jumped in at 8.45, it's at 3.20. Look, it's at 3.65. Nice moving stock, up 46%. Please don't mind my excitement, I talk fast. It's not the New York thing in me, when as we get closer to the open, I just get excited when I see things like this, make these big moves. But Jan, moving really, really nicely.  Cheap stock, nice spread. What was the volume on that? 8 million shares, definitely on the Fausto watch list. So Jan is on there. Now by the way, some of you I know traded already in this morning, he did pretty well. So listen, you made your money, you know what? See ya, go enjoy the rest of the day.  I don't know, whatever you're into, go garden something, take care of your chickens. Maybe that's something that I would do. Anyway, stock that's getting really killed right here is the BZFD, nice little trend. Stock got crushed yesterday. This could be a bottom fish from the day before. So BZFD is also a nice little moving stock. This stock was an IPO that came out, 18%, not really what we'll look at. I don't know, what's this all about? Stock all of a sudden just made a big pop right here at a nowhere, oh, this stock that got crushed from 62 down to 36, wow, what a big comeback. We know the stock very well. We traded the last couple of days. MRTXO is very, very risky. It's a category four, so be very careful of that one. So I will put this on the C list, MRTX. But what a good dead cat bounce on that one from getting destroyed about 50% starting to make a little bit of comeback. The only thing that gets me nervous about those, which we know, some of those stocks don't really come back when it comes to pharmaceutical stocks. They don't make, they don't come back, but that's pretty interesting, it is. We're at number eight, this is pretty crazy, number eight biggest percentage gainer on the entire NASDAQ is only up 5%, so that's gonna be a scratch, all right? We don't need to go any further than that. We like to stick around above 10%. Losers, no good loss, no good shorts there. Gainers, oh, by the way, it's moving, Jan is moving, look at that, we're at 352. Big seller got executed right there, look at that. Cha-ching, I wish I had the bell. I gotta bring the bell back in my room. I gotta bring that bell, I used to have it. Kiss, everyone's talking about that this morning. Obviously, that's not doing too, Kiss is actually doing well, but not Target. Target took a nasty hit right here. Look at Target, or a $250 stock back in April, had bad earnings, boom, not showing any mercy there. So you got Target, TG, but which is kind of weird. Coles is obviously the only, you know, it's up, but it's not a leader, the leader is Target, you know? Even, what do we got, Wayfair even made it on there. Man, that thing got hammered. Wayfair was what, 300, I think? Yeah, 350, look at that, on the 52. Guess no one's doing any more online shopping after COVID. But a lot of these online retailers are getting crushed. By the way, just to give everyone a heads up, what you're learning right now, I want you to kind of keep this and remember that if you're a big fan of Wayfair, I'm like, oh, I loved it. Or you're holding on to it. Hope you learned a lesson. My mentor always taught me, and I say this all the time, if you think you know something about the stock market, you're gonna lose all your money. If when you fall in love with these companies, believe me, you can, you know, it's like falling in love with someone, they break your heart and you could be destroyed. You can't fall in love with these stocks.  And there is gonna be another wave of industries that are gonna get crushed. It could be anything. Right now we're talking about oil. Markets down 253 points. There's always gonna be an industry that's gonna be affected and also benefit from it. So, listen, it's like oil. You look at it right now. Why is oil up? It was once you had two different ideologies of presidencies that took office here in the White House and you have one that, you know, and it's totally different versus Republican Democrat.  We're just gonna happen. We're gassing everything. People are like, ah, you just anti this. No, listen, look what happened. That was an opportunity for you to make money, okay? So don't look at it as a political thing or anything else. Same thing with the virus.  Listen, you know what, people are like, ah, or I don't get vaccinated this and that.  You know what I mean? So there's always gonna be an industry, financials industry, when the market got crushed and it came back. Well, this is something that you learn as a trader, but it also teaches you how to, you know, move forward and how to monetize and manage your money more wisely. And that's what you have to look at it. And that's what makes this trading just so much fun. You know what I mean? Getting back over here on the, getting back over here on the New York Stock Exchange, I don't really see anything there other than that kiss trade, but it's going down. You know, listen, I'm a fan. I love Target, you know, but do I buy it here? You know what I mean? That's what I'm trying to get to. You can't look at it that way because the trend is your friend. Don't buck that trend. Box, I don't have a, Box C was doing pretty well and that one got crushed. Any good shorts? Nothing much right here. Nothing much. All right. Anything I'm missing, I did not call out. I don't have a big list this morning. I really don't. Not even the big percentage, not even the most active. There's nothing showing up here. Not even the most active, I'm not seeing. These are all test stocks. I don't know what these are all about. These are all test stocks. Nothing else out there is for stocks. All right. All right. So listen, 10 o'clock. We're gonna do part two today. If you missed it, don't worry. It's been recorded, but you'd wanna be registered. I know some of you are watching this a little late. My phone is dinging. I don't know if you hear it keeps binging like crazy. I'm seeing just so many of you here right now just taking the quiz, getting ready on it. And there's gonna be another quiz today after today's class. So it's just making a lot more fun, a lot more interactive. So definitely make sure you do that. Josh is going to do a Traders Talk at 11.30. Because I'm doing my event at 10.30, I know a lot of you wanna get into it. I might run a little bit late on it, especially with some of the questions. He's gonna change it from 11 to 11.30. So you got a very busy day today of education here at Cybertrain University. So listen everyone, good luck today. Happy trading. Be safe. We'll start commentary in the cybergroup room as always at 9.30. And everyone here on YouTube and whoever's registered for my boot camp, my free boot camp, we're gonna be starting at 10 a.m. And if you're watching this, like I said, late, it's gonna be recorded, don't worry about it. Just please make sure you take your quiz. Very, very important, all right? Happy trading everyone and we'll see you in a little bit.


So here's some concepts from politics, the basic concepts that there seems to be some disagreement among objectivists about. So left and right, for example. So some would like, and I read, really made the argument that right represents individual rights and capitalism. And left is the opposition to it. And she seems to embrace, to some extent, right as being that. I've taken the stand recently. You can correct me in a minute. But I've taken the stand recently that, no. I mean, even if that was what it meant, I don't even believe it was. Even if that's what it should have meant at some point, it doesn't mean it anymore. And it's one of these terms that is not worth fighting for over. And we should just identify it as the collectivist that it really is. Or the package deal that it really is. I'm curious what you think. Really overstating it to say that Rand made an argument to that effect. Any time she would use terms like this, conservative, liberal, left, right, she would always, in her mature work, like after the, in the 60s, 70s. She would always preface it with things like all political terms today are dangerously undefined and switch meaning at any moment. Today, right, she's taken to mean, such and such and such and such so we can say she does a song and dance basically every time she does it and is super hedged and qualified and right is understood to mean pro-capitalist in this context, therefore we can't say, but she never said I'm on the right or I'm of the right. She would say it's understood to mean, and so those of us who could, precisely, and she was always very temporal about it. Like right now, today, next week, who knows, because it's this kind of shifting undefined term and she was aware of that. So what's going on with right and left? Well, if you, the people who want to use the term and adopt it and say, here's the real political spectrum and here's what's on the right and here's what's on the left, Craig Biddle sometimes does this kind of thing, is they're taking what they think is the fundamental political alternative, the fundamental axis in politics on which we can evaluate things and then they're saying, well, here's the fundamental axis and therefore any two directional words we have in politics have to mean this side versus that side. And so if the fundamental axis is statism versus liberty, statism versus freedom, capitalism, in other words, on the one hand versus statism, then one of them's gonna be the left and one of them's gonna be the right and somehow or other they pick right for capitalism because left is more associated with a particular form of statism, namely socialism. And then you get these arguments, well, the Nazis were leftists because they were social. And I think it's right that there's a spectrum like that that you can draw and should draw and need to draw. But why think of it as left, right versus up and down or north, south or east, west? And there's no, these words, they're convenient words but they're, they don't actually have that meaning in the culture and there's no particular reason to use these two directional terms that way. And there is another way, and here's what matters, where it, where we do need them. So if there was no other, if you think about how does left and what does left to right mean to normal people? It does have a meaning, right? And it has a meaning, basically the right is the people who think that the Democratic Party is worse than the Republican Party and the left is the people who think that the Republican Party is worse than the Democratic Party in America, right? And these people are at war with one another. Some of them think of themselves as thinking that the, they think of them as more to the left than the Democrats and some of them think of themselves as more to the right than the Republicans. But it's, if you have this opposition, there's the Democrats versus the Republicans and these are the real bad guys or these are the real bad guys, you think of yourself as on the left and the right. And it's natural that there should be a kind of sociological term like that because in any society, particularly with any kind of representative form of government, but even with not out one, there's going to be the main arguments that are happening in that society at that time. The main kind of tension points and factions politically at that time. And those people are gonna need to think about one another and about themselves. And if you look at the history of the usage of the terms left and right in politics, going back to where they came about in the French Revolution, that's always what they've been. The right has been sort of more the older regime and the left, some new direction they wanna bring in, but they've always sort of referred to two factions in politics, not really to two fundamental ideas. And then there have been periods when the two factions either really did or thought they did align around fundamental ideas. And you might think that in the mid 20th century was one of those periods where that it came sort of close to doing that in so far as the left was quasi-socialist in America or in some periods communist. And the right then was anti-communist, but then anti-communist isn't always anti-statist. It's best moments it was, but in its worst moments it wasn't. So if you happen to be living in a period where the fundamental political divide that's going, the main political divide that's going on, the main factions are aligned around fundamental issues. Then I think you can say, well now right means this and left means that, but usually we're not. And it's not just a kind of horrible thing about our culture today that we're not. So if you go back to like, the very early Republic, were the Jeffersonian party or the Hamiltonian party, the left or the right party? I guess you would say the Jeffersonians were the left and the Hamiltonians were the right or something because the Hamiltonians were seen as nearer to being monarchical. But which one of those was the correct party? And it turns out the Jeffersonians were really right on some things. The Hamiltonians were right on others. And basically they were both good and they had some differences between them. Now we have two parties who are both bad and have some differences between them. And yet you have to know that there were those differences and that some people are more aligned with one or the other or in the middle in the sense of trying to be neutral compromises between them to understand contemporary politics. And so I think you need a concept whether you want to call it left or right or whatever to denote alignment to these parties, but not to denote alignment to an ideology because there is no ideology that's coherent behind these parties insofar as they think there is that is insofar as people on the right think there's a coherent ideology of the right are there in the grips of a package deal and likewise for the left. So explain that. Why is it that they're in the grips of a package deal? So why is right a package deal to the extent that people think it represents an ideology? So what does it mean to be on the right? Here are the kind of political positions that are generally thought of on the right. You are generally not in favor of economic regulation. That's the one that people see zone when they want to see the right as pro-freedom. You now as of a few years ago don't like immigration and immigrants and free trade. So you're opposed to economic regulation except when it has to do with trading outside the borders of a country. And so maybe the issue is your pro-religion basically and are worried about religion being pushed out of the public square, they're not being enough religion and politics. What do those three things have to do with one another? Being against economic regulation has nothing to do with being against immigration and trade, quite the opposite, those are not consistent positions. And it doesn't have anything to do with wanting more religion in government. Indeed, those also are conflicting positions. Then you go to the left. What do people on the left want? Well, they are concerned with minority rights or they pose themselves as so being. Well, that sounds like that should go with being pro-freedom and anti-immigration. Oh, but they wanna control all of your economic life including in such ways that they think will help you interact more justly with immigrants or minorities, although it won't. Their pro-socialism at least, but again, not everyone on the left or the right is pro-all of these things, but these are the, there's four more immigration, there are four more socialism, there are four more immigration and trade today but not two days ago, right? That just changed and now it's changing again because Biden is now got this nationalist anti-trade policy that he's picked up from Trump who stole it from Bernie Sanders and a million other leftists that hold it before Trump did. So there's no actual coherence to these policies. And then if you go back in history and you think about what policies were advocated by what groups of people at former times, they also didn't go together. Like there's no real reason why were the abolitionists or many abolitionists and suffragists also in favor of prohibition of alcohol. Like those things don't have to, like if you think of someone today who's more concerned about race issues or whatever, he's likely to be more pro-drug legalization. So why did those go together? It just, there were accidental features of how you could build a coalition at the time and it turned out like a lot of women were beat up by their drunk husbands and they couldn't vote so they thought maybe we can get women together over this issue. Those kind of accidents have a lot to do with how political factions get developed and then if you start thinking of your political identity as I'm a leftist or rightist of whatever year, you start thinking of those things as going together and they go together only sociologically.  Or maybe you'll start to become more racist because you're so put off by that which I think is happening a lot actually. And likewise on the left if you're very concerned about the racism you see in the society until you start going to left wing groups and maybe also you're very pro-choice and so you start going there, maybe you'll start thinking, boy these corporations like Walmart are screwing us all because that's the rhetoric you hear there. But it's, and likewise if you go to a libertarian group because you're say pro-business and admire characters like Hank Reardon, maybe you'll start thinking we shouldn't have an army anymore because of the rhetoric you hear there even though that has nothing to do with defending a businessman and indeed would result in horrific consequences. And so do you think it's people's attempt to demonize the other side in kind of trying to associate them with more ideology than in a sense they deserve. So the left is all Marxists and the right is all fascist or whatever to try to kind of make it simple and coherent? I think that's how it functions in a lot of people's psychology. And people tend to be very nuanced and over nuanced and unable to or unwilling to integrate or generalize with respect to the faction that they see themselves as a part of and oblivious to distinctions with respect to the other faction. So if you hang out with a lot of liberal college professors and so forth which I do part of my day, right? You'll see like, you know, there's Zyne Rand and Donald Trump and the KKK and all these people are more or less alike. I mean, I'm sure there are some subtle differences you can find between them but basically there's that kind of thing versus us and on the left, I mean, I'm not, I believe in this but not that, of course I'm not a socialist although I am abolished the police but I don't mean the same thing by abolish the police as that guy and there were three million different things. How could you lump us all together? And then if you go hang out with right-wingers, everybody's identical with Bernie Sanders who's somehow identical with Noam Chomsky even though they disagree on half the things and somehow identical with the name person I don't remember who's running BLM or the woman who describes herself with the police abolitionist. All these people are the same but on the right, of course, I mean, I voted for Donald Trump but I don't like him as much as I like Ted Cruz and Ted Cruz is very, very different from Paul Ryan and there's nothing, you know and none of those people have anything to do with those crazies who, there are racists and so forth who are crazies and militias but we have nothing to do with them but of course Nancy Pelosi's like the president of Antifa which of course is not true. So there's this sort of seeing the other side as a point and your side as this vast array that you don't wanna be lumped with the other people in and neither view of either side is accurate that is Nancy Pelosi has a little bit more to do with Antifa and the black blocs than the leftists wanna think but not as much as the rightists wanna think and likewise, Mitch McConnell has more to do with the proud boys than rightists wanna think but not quite so much as a lot of leftists are gonna think. Do you think it's always been like this or is it getting worse? In terms of the kind of the tribalistic simplest? I think it's gotten worse in my, it's hard to compare times you weren't alive in or weren't politically aware into times you were so whether it was better or worse than this in 1968 I don't know I was born in 1978 whether it was better or worse than this in 1850 you can try to figure it out but I think yeah it's worse than it was in the 90s it's worse than it was in the early 2000s in terms of the extent to which people are aligned by political factions and their attachment to the factions is not really about ideas but about personality and fear of the other faction I think we've seen a real growth of that in the last 20 years and it's hard to tell exactly why I mean we could list a number of contributing factors but to say which is the strongest I'm not sure Well and it definitely seemed and again you'd have to study it carefully it seemed to have gotten worse with the election of Obama and then take another dramatic turn to the worst with the election of Trump so it seems to have gone step function and Obama and Trump seemed to be really catalysts for this getting much much worse Yeah I started noticing it early in the Obama presidency as something's shifted here and but then when I think back I think it was probably around before it was probably growing before and these were rallying points for it but yeah I remember starting noticing it early in the Obama presidency and I think also social media has a big factor here there's a kind of democratization of media of who has a voice of who's able to say things things aren't going through as many different gatekeepers and at least that changes the form in which these kinds of things take and it makes it it makes it more visible so you know people might have been thinking this 20 years ago but who knew and now you can see it and you can see it in real numbers and it also makes it more there's more opportunity for kind of agit prop propaganda things coming from other countries and so forth to catch on it's hard to say how much that happens I mean it's clear that it's an aim of Russia and some other autocratic nations to sow this kind of thinking and divisiveness in American political discourse in other countries to what extent what we and that they're trying to do it via social media and so forth to what extent we're seeing the results of that and to what extent it's happening independently it's very hard to predict and I'm not just saying you know the the Russians or whatever left Donald Trump or something although they had some role in that but it's also if I look at really hyper leftist people that I know I mean people I went to graduate school or whatever you see this kind of thing they're upset Twitter banned banned my black divists group which is it turns out with a group that was started by some you know Russian the same Russian agency that people were worried had all this pro-Trump stuff to get capitalized on discontent in the black community and turn it in an anti-American direction and this kind of thing has always been going on I mean the Soviets were doing it particularly around race issues in America capitalizing on what were real problems and then turning them trying to distort the movements created to address them going back to the early going back to the 20s there were attempts to do it and they were less they how successful they were it's a question that's made it but you know this is not new but I think social media provides new opportunities for good and bad actors and it strikes me that the actors might be American that is it doesn't have to be foreign actors the plenty actors within the U.S. whether it's Alex Jones others who would like to you know left or right have an agenda and spread this kind of false information I think that's true so it allows this kind of thing by people who are Alex Jones sorts or whatever who really believe what they believe but they're kind of nutty and conspiracy thinkers and it also creates an opportunity for people who want to seed nutty conspiracy thinkers because they know what the effect of it what we need today what I call the new intellectual would be any man or woman who is willing to think meaning any man or woman who knows that man's life must be guided by reason by the intellect not by feelings wishes women's or mystic revelations any man or woman who values his life and who does not want to give in to today's cult of the stare cynicism and impotence and does not intend to give up the world to the dark ages and to the role of the collectivist brought all right before we go on reminder please like the show we've got 163 live listeners right now 30 likes that should be at least 100 I figured at least 100 of you actually like the show maybe they're like 60 of the Matthews out there who hate it but at least the people who are liking it you know I want to see I want to see a thumbs up there you go start liking it I want to see that go to 100 all it takes is a click of a click of a thing whether you're looking at this and you know the likes matter it's not an issue of my ego it's an issue of the algorithm the more you like something the more the algorithm likes it so you know if you don't like the show give it a thumbs down let's see your actual views being reflected in the likes but if you like it don't just sit there help get the show promoted of course you should also share and you can support the show at your own book show dot com slash support on patreon or subscribe star or locals and show you support for all for the work for the value hopefully you're receiving from this and of course don't forget if you're not a subscriber even if you even if you just come here to troll or even if you're here like Matthew to defend marks then you should subscribe because that way you'll know when to show up you'll know what shows are on when they're on you'll get notified right so yes like share subscribe support like share subscribe support there you go easy do one or all of those please


Well, let's kick it beaver women's soccer home opener with upper eye was Saturday afternoon scoreless till 20 minutes in but Rachel Norton just knows how to score goals that strike with the left here one nil BSU than a few minutes later corner for Raquel feeling and she finds the head of fellow senior Miranda who is deadly from that area beavers ahead by a pair that put an exclamation on the second half and it's Norton again just find her and she'll do the rest what a goal for Norton they would go in this one 3-0 in the final they win Sunday over Winono State 4-1 they're 5-0 on the season. If you've enjoyed this segment of Lakeland news please consider making a tax deductible contribution to Lakeland Public Television