OK, looks like we are live. Hey guys, welcome back to our episode 5 review of Season 8 of Game of Thrones. We are live and this was one crazy episode. And with me I've got Andrew Cam, how's it going Andrew? Not as great as it was at 8.57. And of course we have Lou here, how's it going Lou? I'm good man, how are you doing? Before we start this off, I'm looking at a bunch of people here in the chat and a couple of people are disappointed or at least shocked. Marlon Blank says 45 minutes of senseless killing. Easy man zone says shock value. Danny's one shot at the fleet in Golden Boys and mass killing of Innocence. Get another big bad thank you for nothing D&D. Alright, so let's jump in from that standpoint but it looks like at least a few people are upset that at least one of their favorite characters has gone down the wayside. What do you think Andrew? Because I know we talked about this just a little bit before we started. Please remind people where this comes from. What do you mean where this comes from? I mean the fact that Danny... Oh, that Danny's crazy? Oh yeah, OK, so people need to remember that the Targaryens, they're from Valeria and when they left Valeria before the doom which killed off the whole population. So there weren't many blood, they wanted blood pure or something which is common in ancient medieval history. If you look at the royal family, pretty much anyone that's a king or queen in Europe that's older, 50 years old is related somehow. And the Targaryens, it's true, look it up. There's one lady who's like the grandmother of Europe. She's like all her grandkids married each other basically. Oh boy, so incest all around the world. Pretty much. But the Targaryens, they took it to another level. They would marry brother and sister, not even cousins. So for generations, you've got brother, marry and sister. And that's where Varys, early in the episode, he says, when a Targaryen is born, the gods flip a coin because incest limits the mental capacity of someone and when you've got inbreeding for generations, now you, there's a 50-50 chance this person is going to be like the greatest ruler ever, like Aegon the Conqueror who started the Targaryen house in Westeros or they're going to be crazy, like Aerys the Mad King who is Dany's father. Now what do we have? Dany being crazy. Dany being the Mad Queen. And it's all coming full circle and it's happening in a time when people thought Dany was the good guy, quote unquote, turns out she's the Mad Queen. She's kind of the bad guy. Yeah, I mean, definitely that path I think has been written from the get-go, but I think a lot of people thought that that wasn't the case. Lou, what about you? How do you place those sentiments together and what are your thoughts? Why? Why? I get, you know, she took it too far. Yes, I watched it. I'm like, my dude, she didn't have to go there.  Tyrion pleaded with you. Her men literally dropped their swords and surrendered.  Yeah, they were torched completely. I mean, $20,000 strong. $20,000 went down the drain. Like, dude. Mad Queen, this, you know what, it just proved Cersei wasn't as crazy as we made her out to be. I mean, you do have a point, though. Yeah, but I mean, Cersei was tactical. And she tried to show that off, but she didn't expect, and you could see, she didn't expect that Daenerys is going to just torch the whole place out. I never thought Cersei was crazy.  And then we have Warren here. Warren, what's up, man? That's all right. I wasn't even surprised about the outcome of this. This was exactly what was going to happen.  And the second that that happens, that's all done. All she had to do is take out half of those arrows and it was a done deal. There was one dragon. She didn't beat three. She only knew one. They had no other answer for that. Once she took those things out. Well, because just like you said, she took the sneak surprise attack and literally wiped out the ships and then hit everybody from behind when they don't see it. And wow, you took the city like that.   Like people surprised by that. Like, come on now. It was a done deal in this fight from the very beginning. And Cersei decided to push a button. And that button was Missande. She decided to push that button. And that was the end of it. You mean Missande? Yeah. No, that nice little meme of an ice cream sundae on the floor. Okay. So, I mean, I get it. Well, that's how she kind of fell. That's funny. That's not hilarious.  They make the episode 50 minutes longer than it needs to be.  And now that's how they kill her. I mean, the thing about this is certain bad guys. No, she was in. She was in the way. Yeah. It's either, look, it's no one else is going to kill her except Jamie or to me it was Jamie or Arya. One of the two.   And to me, that's the stupidest death to give him. Getting crushed by rocks. That's lame and boring.  We must have got it from on the street. They must have got it from their devil. There's a lot to say. There's a lot to say. They must have watched. What's his name? The defenders. That's how that ended. Both those people came back. You know, people thought Arya was. No, bro. Arya killed the Night Queen.  It's going to be Jon Snow from the back. They're going to make him do it like Jamie killed her father. That's how I see that playing out. I mean, the trailer was very short and brief, but you know her crowd is roaring. And next thing you know, I could picture Jon Snow coming snip. I'm your true king. Because after he saw her burn the whole city down.  This ain't cool. I didn't sign up for this.   He knew that was like. Straight up. You know what? This is also Jon's fault, too. You know why? Yeah. If he would have just gave her what she wanted on in Dragonstone on the table. It wouldn't have been fear. No, it would have been fear. No matter what. No matter what. Because, because she already had said it. She said one thing, one key thing. That no matter what he decided to give her Dragonstone, she said, they do not love me. Yeah. That's very key. And she didn't try to win people over. That was just the difference here. I think, I think, I kind of agree with Lou.  She's like, even you can't love me after all we've been through. Like if I can't get you to love me. You see me intimately. You see me up close and personal. And if I can't get you to love me, I'll never get these people to love me. I disagree because that's just, that's just postponing. It's not about solving the problem. She was going to do that regardless. She was just going to postpone. Yeah, but was she going to do it literally the next day? You know, I'm with Lou. If maybe if she would have had some release. See, here's the problem. She might not have made that decision. You guys got to start watching the after credits. And when you watch the after credits to explain when she's sitting and looking at the red keep and seeing that that's her family's legacy all taken away from her. That's when she's like, I'm going in and I've made this personal now. And she didn't have to do that. So regardless of John Snow, whoever he could have did whatever he wanted to, it wouldn't have mattered. She still would have made that same choice right then, right there. And now we're going to do it. Now that choice is going to probably end up getting her kill. Oh, well done. And then John Snow is on the throne. Stupid.  She go forgo the throne.  Yeah, go on his his way. I don't want this throne.  And that's the point. She, she literally said the whole time, I did not come here to be queen of the ashes. And then what does she do? She made all the ashes. But you have to remember her, her key thing, key thing that she said through all these seasons is, is she's there not to play the game of throne. She wants not the wheel. She wants to break the wheel and she's broken the wheel. So her time is pretty much set. It's kind of done. Yeah. But she did all this. She goes, we got to save them from tyrants. And she is a tyrant. Like that's the thing with tyrants. They never realized that they're the bad guy. And they're in their mind. It's always destiny. It's, I got to save everyone. And like, what are you saving them from?  You're not going to produce any heirs. You're, you're the last Targaryen, supposedly without everyone knowing who John really is. So what? This is the Targaryens around. No, she's the only one now. How many of the Ravens got out and spread the news that John Snow is actually the king? Enough. So you know, they're going to ban behind him. Yeah, it only takes one because now she's this foreigner who brought in these foreigners to take over and destroy our capital. And she's another mad king. So we can have her on the throne. So we're going to go to the good Targaryen, supposedly. Hopefully he doesn't have another Targaryen sibling or out there to, out there to have kids with. I mean, she called it very swell by saying, Sansa played you to Tyrion by saying, she told you that secret knowing you would tell someone else. And that's all it took.    But in terms of burning Varys, you, because she knows very well that, look, Varys is the person who will make sure she leaves the throne. That's his job. His job is to fight for the little bad. He said it over the years and he clearly said it last episode that he doesn't care who is king.  So she knows very well that he's going to do that. You know, And he called it and he literally called it and Tyrion backed the wrong horse. Well, I mean, yeah, Tyrion has made some, some very drastic mistakes and, you know, hoping that basically what Tyrion did was send his brother to his death too. No, he was going to die.   Oh, by the way. It was pointless. It was pointless. It was pointless. And it was severely edited. It was severely edited. That was like, oh my God. I would have preferred the sister. Like where's the sister in all of this? Our fleet was not going to be big enough. Because it would just be magic again. Like in the last episode, our fleet, her sister's fleet was going to be big enough. I get it with that fight that maybe, yes, it wasn't necessary. But I think they wanted to just put Damien at a disadvantage point. So I get the aspect of it. And you're right to warrant it. Yeah, the fight was probably a little longer, at least well better played out. You can see in the editing how they jumped cut a lot of things to what that fight, I think, was originally supposed to be. It's probably longer. It could have been shorter. I mean, he took one stab to one side of the rib cage area. Another one to the other side.  That fight didn't make any sense. Because Euron shouldn't care. Euron's like this war's over.   I'm going to bring her to Cersei now. She's going to love me. No. You lost. Everyone's dead.   My bitter says smoke brisket in the red key. That's just cold.   How is that even humanly possible without bleeding out? I guess it's show magic. I don't know. The mountain's alive. So there you go. He's got a damn zombie on the show. So magic. Speaking of that, yes. Let's, let's go back to that. Look, I'll give the how props for, you know, doing what he did. He held his own, but what he did to Kyber, just threw him and broke his skull. That was great. So Andrew, what did you think about the Clegane Bowl? I thought it was kind of disappointing, but I'm one of the people that have been, I hyped it up in my mind. So it's not their fault. They, they could have never done it. Right. I thought the end was kind of poetic how he, he hates his brother so much, he's willing to jump into fire. The thing that is like paralyzing his whole life. But like, you know, the mountain being super invincible zombie man, that was kind of disappointing to me. Yeah, but it was always going to be though.  Like it's not their fault.  The showdown is coming. We've, I've been waiting on this for like four and a half seasons.  I'm just like, it's whatever. It's cool. Yeah.  He was a better version of what the Night King created because he killed the Night King or his zombies.  It was in his brain. Literally. So there was no other way to deal with the mountain that way, except like you said, the poor interviewer of saying he's dealing with, he's willing to die the same way his brother hurt him, which is by fire. If he said, Oh, dude, if he survived that, then he's better than the walkers on the walking dead. Okay. So he has a question. And just in one year from Chris Lopez, he said, Thunder E, do you think everyone would complain disappointed no matter what happened in this season? Yep. Yeah. I mean, I think even if we stretch it out 10 episodes, it still would be the same thing. Cause they would have complained. People would have complained. I think they should have, they shouldn't have split last season in this season. I think that's where they messed up because Danny turning crazy. They did show small signs of it last year, like the way that she's constantly ready to burn the whole place. Or she kills Sam's father because, and then she's like, Oh, they wouldn't bend the knee. So she's like this one track mind, super quote unquote logical. And I think her turn would have felt a little more believable, natural. If it wasn't just small signs over two years, and then all of a sudden she snaps in two episodes. Now, see to me the signs were always there. Yeah. The signs are there, but they're not making the connection. Because she never knew how to rule. She was, she's a very good conqueror. She's very good at conquering. She and her killer, what's her killer move? When she freed the, the, the, uh, on solid, it's Dracarys. It is burned, burned, burned from day one. Her, her special move, finishing move, super move is one thing. Burn. So why we disappointed that that's the move that she pulls up again when she feels that, you know, things are not working that way. I'm just saying that just from the way the character is built. Yeah. It's the, the way they messed up is they built her up for six season as the good guy, like who's liberating everybody who's taking great pains, not to harm the innocent.  And then in the second that matter and most it's, it's really like, Oh, don't forget. Remember we told you she's crazy. She's, this is Targaryen. She's going to go crazy. And then she kills all those innocent people. So it was like, it didn't feel, it didn't feel like a natural. Transition from one extreme to the next, even though we saw it coming. Well, the problem is it didn't, it didn't, it didn't play out on screen the way that they were telegraphing it. Well, I think it would have been better off. They would have been better off taking a whole year off after season six. And then doing these last two seasons and two separate times during the year would have been a better, a little bit of better way of them going about it. Having a spring and a winter or a winter spring sort of go with the theme of Game of Thrones, where the form part could have happened in the winter and one part could have happened in the spring or whatever. And now I think that would have came off better because people would have been able to keep track of it and kind of have an idea like of seeing the progression of her going into, into this whole scenario, which it was really, Cersei was not going to give her no other choice. That was just, it was just not going to be that situation. But here's, here's going to be the kicker now. How does this play off now when you can, after next week, just rewatch from season one straight through, maybe it'll play better. Because we did get the break. Think about it. The season started later, the last few seasons, because they wanted to get those winter shots. They've made us wait.  Remember now we were in uncharted territory after season five. There was not going to be pleasable for everyone because, hey, George R. R. Martin gave them a little diagram of what his ending is going to be, but since there's no book to truly reference it, now they're winging it. And they're winging it to the best of their ability. And they're just, they might have cut scenes that should have been a little longer. And that's just how it flows in the editing room. And I can't believe that they cut scenes that should have been longer when they showed us 45 minutes of Danny's crazy, y'all. We really could have gotten that whole lesson in like 15 or 20 minutes of clips. Because when I realized the battle was over at like 10, 12, I looked at my phone like, wait a minute, this still makes no sense. This show just started. They wanted to give you that scene of Oh, they wanted to hammer home the mad man. But they wanted to give you that perspective inside of what's going on. But we didn't need 45 minutes of it.  No, I disagree with all of you thinking overkill in that aspect because I don't think they've always been like that. They've done that for every war in every battle. They do it every time. Well, look, think about it like this. When she was setting things on fire, we saw the wildfire start eclipsing it too. So literally, all she had to do was take key spots and the wildfire would have did the rest. There was no need to... She didn't know that they were there. Of madness. You didn't know that they were there. Because you're rational. Stop thinking rationally for a second. Because you're rational, you're going 45 minutes long and I get that. But the idea also I think when you look at it is to say, this isn't irrational person. At least she snapped, right? It's broken. When it's broken, all rules are off. And then the other half is you're giving just the creation to the two other characters that are going to basically try and kill off. One is John and the last person was Aria, right? To say, especially when she was trying to say that the family leaving the city is to say, this is why you don't have a mad king or queen in power. This is why you don't have a Targaryen because it boils down to the intro credits from previous episodes. They talked about how Targaryens are crazy. Right there was to tell you that things are going to burn. And when madness comes, look, I guess they were... Your brother wasn't crazy. No, to me, he reminds me of what's... What's his name again? Her brother wasn't crazy. No, no, not that brother. The other brother. Oh, Rago. Rago wasn't crazy. He was... He reminds me of what this person did in Rome. The guy that burned Rome down. Not Nero? Yeah, Nero. No, it's exactly that. That's a great burning Rome. I used to use that back then. Burned many, many CDs.  I just made that connection. Nero, the app was because of the burn. Oh, my God. I'm so dumb. Burned plenty of CDs in college with that one. All right. Let's take a look at some comments here. Jamie Orwaris says, I think Arya is dead. He seems like it's a dream or something. No, Arya's still alive.  Let me get on and ride it out and then just stand in the trailer. Look at Daenerys.  This is from a deal with Josez. The masculine was expected. That I don't mind. You can see it happening with everything.  Okay. That's interesting that you like that. No, it's just people. It's just a break in the, in the seasons that people feel this way. If this was happening all within one year's time, people would have a better contact. So it feels more rushed at what it actually, it actually is. Because this is essentially supposed to be the last two seasons and we're really supposed to be one combined season that they normally would do. So you'd have gotten a full context of everything by now. My creator says this episode just fakes it easy to justify killing off Danny. Drogon will probably die of exhaustion from all that fire breathing at the beginning of the next episode. And he says Tyr will probably does too. I don't think, I think, look, my goal, my, my talk of Tyrion sitting in the Iron Throne still remains. That's still my number one choice at this point. You know how I could see that? By Jon Snow giving him the throne. Because Danny's going to die next episode. Yeah. Yeah. She's going to die. And then, where is it? James Wells was like, wasn't that the Golden Armies commander horse? No.  And they showed it. Well, I actually know that horse went down.  But that horse, like that leg was bent in a way it wasn't supposed to or something. And the scene that I saw. I got to rewatch it.  I'm sorry.   No, he did the smart things.  Hey, we saw what Jon Snow did at the Battle of the Bastards. He at least drew his sword out in his rest of his army game.  He had nobody to help him. They all became barbecue meat. No, the second you tell me like, hey, the dragon took out the back. All right. Yeah, I'm clocking out. I'll see y'all next week. If whoever's left, best of luck to you. Oh, let me go ahead and bend the knee. I'm going over there. That side of the field away from the fight. I'll be there on a knee. One separate one here. Marlon Blank says, and this is probably untrue. He says, how does Davos go six seasons without swinging the sword? He had swung a sword in an episode, right? Yeah, he did it last episode, in episode three. Yeah. And in Battle of the Bastards. Yeah, he did. I like Izzy's here goes, if Danny dies, then the wheel is broken for good. Yeah, that's what I'm saying. It might turn into a democracy. Yeah, because Jon ain't going to want the throne. He's not going to want it.  Yeah, I mean, the thing is that it's Game of Thrones is number one, your likeable characters will not stay likable or they die. That's why. Well, that was proven today. No, but it was been proven since season one. Come on, we all know that Game of Thrones is the best of characters you like. And the only difference is that Daenerys and Jon have ridden the likeability caution for four seasons, right? Four, five seasons straight. Or actually from season one for both of them. So it's a matter of where that happens. And even though people think Jon is going to sit on the throne because you're going to see people this week complaining, he's not going to sit on the throne. You see that he cheves his up or he dies. Something will happen to him. You don't bring that man back from death. Death, yeah. Because he didn't even serve a purpose fighting the Night King. So what was the reason for him to come back to life then? To bring everybody together to fight for the north and then, OK, the north wins. No, no, yeah. I mean, he served his purpose for the Lord of the Light. Without him, Daenerys would not have been there to fight. Yeah, well, the things that we think about it. As he served his purpose. No, no. Well, you could say this extended purpose, but we tend to think of it as being very stereotypical hero roles. But technically, he served his purpose. Without him, there would be no army in the north to fight against the Night King. And maybe that was his purpose. Honestly? At this point, I kind of think, I kind of hope the Night King would have won this war and just turned everything to ice. The small design says, what is the body count in the city?  The city's gone. There's like this. Was it like a million King's Landing? I think 900,000 at least. Oh, less. No, no, no, no, no. No, I think 900,000 people died at least. Oh, I'm putting up with that. I'm putting about 6,700. I'm putting 900,000. That's that's really hard. Dude, she took, she burned the city to rubble. No one survives.  Man, they some smoke barbecue, bro. It's all about your life says, do you think John and Danny would end up against one another because of our actions? Yup. Yes, that is number six. One of them died next episode. Don't know which one, but one of them died for sure. Probably Danny. Or both. I kind of see that look that Greyjoy gave John.  Greyworm. Greyworm was fighting. He was just fighting to this. You know what?  I'm killing bitches. Well, he has a different reason for thinking that way, though, because he's a foreigner dealing with people. At least all these foreign people killed. Once his Sunday died. Once he dropped his Sunday to the ground, it's all open season. I mean, it's going to be interesting to see how next we could explain. Yeah, John versus Greyworm. Because I really think it's that. I don't think John actually gets to stop her. I think it's going to be Arya. Arya is going to be MVP for the season and the show and the series.  No, Arya is going to be done. Arya is just going to be done. Arya is just going to be like killing people for... She's going to be the new brotherhood without banners, probably. Yeah. I mean, yeah, there were a few dog racking that wrote back suicide, right? I think so, yeah. But I think it's Arya is going to take her out and John is going to actually face over Greyworm. And because Grey... Right. Greyworm did give that look. Like, you know, why are you stopping? And because Greyworm only knows to take orders from the screen and there's no temperament there because he was told to move forward at that point. Yeah, it's going to be a very interesting episode next episode. But I know a lot of people are going to be complaining this week, as you can see. A lot of people are complaining here. Thinksmore says not all type grains are fireproof. I just say Danny. I mean, she might try to burn John though. Maybe that might be the case. No, that won't work out for her very well if she does that. I mean... Because then you really turned it into the entire north against you. No, but what if she tries to and nothing happens to her? No, he's not fireproof though. Yeah. I know. I know he's not fireproof. I just don't... I mean, maybe he's half fireproof. He's half Jaguar, right? What does he do? He's going to be too faced with the Game of Thrones series? No, no, no. Plus he's got a lot of like, you know, fire magic. So, I mean, that technically makes you fireproof, right? No, but I think Varys got enough of those notes out that we're going to see things. The rest of the houses come and rally for him. Nothing matters until they get that dev dragon killed. Yeah, that is true. Because she got the big joker with that dragon if anybody plays page. Yeah, but what if he could control them too? Remember, Drogoth seems to like John. But at the same time, he probably likes them because then he liked them. It's going to be interesting how the politics play out next week. I guess we got to wait, man. I don't know, wait.  Okay, Lou, stop here, Romish, man. I don't want to hear you talking about leaked episodes and stuff like that. I want to watch it already. Let's go ahead and round up this episode. Warren, what do you rate this episode? What's your rating for this? Because I know there's a lot of comments about how this episode might be sucky. Some people like it. Oh, gotta be episode to everyone's going to be sucky because it doesn't live up to their expectations.  Just shut up and enjoy the content for pricing. It's like the people that complain about time travel in the game. Do you realize time travel is not real? Stop trying to put signs around something that can't happen. Anyways, anyways. Time travel is very real, sir. Time travel is not real. Deal with it. Just deal with it. I'm punching nerves in the face with this. Time travel isn't real. Okay, Warren. Wait, before you give me your score, guys, in the chat, give me your score of what you think this episode is right now. A digital one says 6.5 out of 10. So, Warren, go ahead. I give it eight Mike Bitter's out of 10. All right, cool. Lou, how about you? We need that Bitter review. We need the Bitter scores. That's what we need. It was an eight.  It wasn't like, you know, it did what it needed to do. I just felt the burning was a little excessive. But other than that, I enjoyed it. All right, so you gave me the eight. How about you, Andrew? I don't know. I can't give it a fair score because remember, I told you I saw the leaks. So I knew what was going to happen. So like the surprise turn moments or whatever, they didn't come to me. But visually alone, I thought it was like a seven. Maybe if I hadn't seen the leaks, I would have been more excited, but I just felt really bored at times. It felt like it was an extra 30 or 40 minutes of killing that we didn't need to see. I would have been satisfied if this was one of the one-hour episodes instead of the hour and 20-minute episodes. Seriously, it could have been 50 minutes. I think if this was an hour, I would have given it an eight or a nine or something. Okay, for me, I would give it nine because I am happy and sure we didn't shy away from expressing that certain things are the way they're supposed to. I get it that some people don't like it, but for me, I like the fact that this show actually went there because most shows just don't. You like that, so no, not any of you. You like that.  That's why you're the only one life to DCEU. I like that too, but I mean, look, Izzy goes, I give it a meh. Meh. Meh. I mean, yeah. Well, everybody has their comments on this. Anyway, guys, we get a meh. We get a three. I mean, damn. Whoa, a three. That's cold. I would have gone that far. Yeah, Griselle says three out of 10. So, I mean, okay. All right, guys. Izzy, why didn't you share those damn leaks with me, bro? You know I like leaks.  I could have brought that to the show, man. I've been keeping off this year from this, because the last season I would have brought at least one. Lou, what's, how long is this next week's episode? Same, same length. Same length, yeah. Okay. All right, cool. All right, then we'll be back next week, 1030, and you guys can complain as much as you want and rejoice as much as you want. Is it going to complain? You know, we've got Jason says eight out of 10 and Mike Bitters gives it a 10 out of 10. Chris says eight. Marlon Black, seven. James Wells, seven. Cyborg Man says five. Izzy is a man. Daniel Laflosa was really pissed at Warren Boog when he gave it a six. What? He could be mad if he only wants to. He felt like my lifestyle was a seven and a digital one was 6.5. So, there you have it, guys. All right. Danny ain't giving that throne to John, bro. She ain't giving him the throne. Unless you read that somewhere, they probably lying because she ain't giving up that throne. Not that easy. Definitely. Anyway, guys, let's go ahead and round this up. Thank you for joining us this week. It was definitely fun. If you're watching this later, definitely leave your thoughts about the episode down in the comment section and who you think will sit on the throne. Even though it looks like Danny, he most likely will be somebody else because this is Game of Thrones. Andrew, you're about to say something? No. I'm just going to say peace out to everybody. Andrew's like a log already. All right. Thank you very much, guys. Appreciate it. Don't forget to like, share, subscribe, and always enjoy your entertainment. Walk, walk.


Tables 2-2A, 2-2B, 2-2C, the percentage and these tables take into account the half year and mid quarter conventions. So when you think about the calculation of depreciation, it's fairly straightforward and then it gets more complicated when you throw in the fact that you have this partial year in the first and last years and that's where the conventions come in. So now you have to use a different table depending on whether you're gonna be taken into account half year, mid quarter, mid month convention. So use tables 2-2A for five year property, table 2-2B for seven year property, table 2-2C for 15 year property. Use the percentage and the second column, half year convention unless you are required to use the mid quarter convention explained earlier. If you must use the mid quarter convention, use the column that corresponds to the calendar year quarter in which you place the property in service. So here we have table 2-2, we've got the years, we've got the half year conventions and then here we have the mid quarter convention, then it gets more complicated because there's four quarters, right? So now we got the first, second, third quarter, fourth quarters and we've gotta use the percentage that are applicable for the mid quarter, the seven year property, half year conventions and then the mid quarter. Once we choose the right table, then it becomes a lot easier because then all we have to do is take our original cost or basis and multiply it times these percentages as opposed to if we were using a double declining balance method having to then figure out the new adjusted basis and multiply that times the double declining rate and figuring out if that's greater than the straight line and so on and so forth. So these again are quite useful if you're projecting out into the future, obviously in practice software helps us to do the calculations as well. 15 year property, same thing, half year convention, mid quarter, residential real property gets more cumbersome because now you've got, now you've got the percents that are mid month conventions. So you could have bought it in the middle of January, February, March or whatever. So now you've gotta have 12 separate set of tables depending on, cause you could have bought it at any month in the year. Okay, so example, you purchased a stove and refrigerator and place them in service in June. So your business, your basis in the stove is $600 and your basis in the refrigerator is $1,000. Both are five year property using the half year convention column table. The depreciation percent for year one is 20% for that year your depreciation deduction is 120 for the stove and 200 for the refrigerator. So that's multiplying it by the amount on the table. Now notice if you said, okay, well it's a double declining balance, how would I do it if I didn't use the tables? It would be something like, well, it would be $600 and then I'd have to divide it by the number of years. It's gonna be depreciated over five, not 56, five, 120. I can come up with the straight line rate then, which would be 120 divided by 600 or 20%. 20% would be the rate I can also get there by saying one divided by the number of years, five, 20%. If I multiply that times two, the double declining rate is actually 40%. So if I was to do this without the tables, I would have to take the double declining rate times the 600, which is 240 and you're like, wait, that's too high, but that's because that's for an entire year and then I would divide that by two for the half year convention to get back to the 120. Now that 120 looks like the straight line number, but it would be the straight line number for an entire year and we're only getting six months. So the double declining in the first year results half year convention, results on the same number we would have got in the first year, had it been the whole year for straight line method, however, the second year will be different because in the second year, I'm gonna have to, if I was to calculate it using my, our method, we'd have to take 600 minus what we depreciated last time, 120, and then multiply it times the double declining rate. Right, whereas if I use the tables, I can just multiply it times the table, and times the $600. I don't need to keep figuring out the adjusted basis. Okay, so for year two, the depreciation percent is 32%. So that year's depreciation deduction would be 192. See, that's the same number I calculated here, but they did it by just multiplying 600 times 32, which is a lot easier. Okay, so for the stove and 320 for the refrigerator.


The morning markets kickoff with your host Tommy O'Brien. Good morning everybody. I'm Tommy O'Brien coming to you live from TFN and Tuesday morning 9 0 6 a.m. We got about 24 minutes to go until the starter trading and we have all the markets starting off in the red this morning. We got a retail sales number out at 8 30. A little bit of weakness on the retail sales number but the markets pretty much taken in stride. We were already in negative territory coming into the open. We'll take a look at the S&P's quite the day yesterday. Your surge higher to 44 76. You're talking about 45 100 and play in the futures on the S&P but overnight you basically pull back right from the close of yesterday from 44 76. We make a low pre-market at about 3 a.m. of about 44 47 and zooming in on the action at 8 30. There's your volatility but you're only talking about five or six points to the upside then back down to the downside. We're pretty much where we were prior to the retail sales number. We'll get into that in a moment. Why not jump over the headline number was a 1.1% decrease in July led by auto dealers and e-commerce. So that's the headline number a little bit of a miss on the core number as well. We'll get into that. There's your tech stocks. Quite the resurgence yesterday. Talk about buying the dip. You end the day positive after trading from 15 10000 down almost 200 points in the Nasdaq 100. You make a load about 10 30 in the morning. You surge higher last night though right after 4 p.m. You trade a bit lower with down about two thirds of a percent. Now zooming in on the Nasdaq 100. You can see 8 30. There's your bar. We do have some volatility but all things considered not much action really taking that retail sales number in stride. Dow a little bit of different action quite the surge higher in the Dow yesterday. You trade from 35000 150 up a solid 400 points almost by the end of the day 35000 548. But since then we've given back 200 points. Now the Dow did catch a bit on that retail sales number. We get some earnings out this morning as well. We got Walmart. We got Home Depot. That's contributing to some of the action. We'll jump over to those shortly. And there's your Russell. A little bit of different action in the Russell. The Russell trades over yesterday.  But you're talking about 40 points give or take that we were from where you were at two o'clock yesterday at 22 10 even above that really 22 12. You trade down to 21 69 70. You actually catch a little bit of a bid as well in that retail sales number for the Russell jumping around to commodities. We got crude negative thirty four cents. Check out the action in crude yesterday.  Pretty muted action on crude so far this morning. Gold continuing to climb. Let's back things up for 10 days to get the full picture on gold. You go from 1835 basically a couple weeks ago. You dive down a previous Sunday night to 1677. And then you're talking about upward territory. We're pushing almost 1800 this morning. You got to a price tag of 17 97 60. Right now you got gold up $2 at 1791. Bitcoin up $735 $46 830. And we jump to silver basically flat. Now check out silver right silver. Not quite regaining most of the loss as in gold gold to recap again. You go from 1835 to 1677. We've almost gotten it all back. Silver not quite the case. Silver you're talking about you're still $2 and about 30 cents off of the highs we had a couple weeks ago at 2609 and notes and bonds. That's where we got a little bit of movement on the retail sales number. You're talking about lower price and higher yield. Now the 10 year right now is basically flat. Excuse me. We're talking about a yield right now of 1.25%. You put this thing on a 10 day back it out. There we go. Quite the drop and quite the reversal that we've had you go from 135 14 down to a low about a week ago last Wednesday 13309. That was correlated to a yield. I think of 1.38 1.35. You were talking about pushing 1.4 just like that. We're back to one and a quarter percent on the 10 year and we jump over to the volatility index. We finally got some negative action in this market but we had it yesterday as well. And you saw what happened to the VIX. Did we get a 15 handle? Not quite. We got to a low of 1602 before things got elevated again but we're not even back to where we were at the beginning of trading yesterday. OK. Let's jump into that retail sales number. There we go. Drop in retail sales indicate shift to service spending. That's how Bloomberg puts it. Let's get into the numbers. You got a 1.1 percent pullback in July. Not surprising that it's led by auto dealers e-commerce though throwing in there receipts at restaurants bars increase but at a slower pace. Now when you look at it I mean a declining number was expected. OK. But retail sales fell in July showing consumers are shifting expenses. Something to consider here is that all of the talk of the Delta variant and cases persisting really take and hold over the last two or three weeks I would say people coming to the realization that we are deep in another spike. Can't deny it if you're living in Florida the numbers but across the country just coming kind of to that realization point being these numbers for July. OK. If these numbers for July are tough potentially you could see some tough numbers for August as we come into school openings and Delta variant in cases and hospitalizations unfortunately and deaths surging that could be an ominous sign for some of those numbers coming up when you see the mist that they had. Now I'm going to jump over to the CNBC article that they have excluding automobiles sales decline point four percent according to the Commerce Department. Consumers make up 70 percent of all U.S. activity they talk about in here through July. Though July saw a month over month decline the 617.7 billion in sales still represents a 15.8 percent acceleration from the same time a year ago. Don't be confused by those numbers folks it does not matter what is happening right now compared to a year ago because a year ago we live in a world that hopefully we're not living in again even though cases are persisting and unfortunately people are not taking the vaccine when they're given the option which is why we're now dealing with hospitalizations they're spiking which is a real worry that leads to death even if it doesn't OK we're getting to the point in hospitalizations and unfortunately people being turned away starting to hear some really tough stories in Florida in terms of people needing surgeries that are deemed elective but folks elective surgeries are not like a cosmetic surgery elective surgeries can be many many surgeries that basically would be something that you would consider a requirement people dealing with whether it's breast cancer needing treatment for that surgery is for that that's the ones that have heard friends of friends very unfortunate that hospitalizations have to stop all of those because they just don't have the space so comparing it to a year ago not really that important most of the monthly decline here we go came from motor vehicles and parts dealers which fell 3.9 percent auto sector of course been a major contributor clothing saw 2.6 percent decline not what you wanted to see coming back to school something to think about in terms of clothing we're coming up towards the end of the stimulus right people got stimulus maybe they spent it maybe that's why we had the surges early maybe that money's kind of spent and maybe just people kind of shop for what they need maybe back to schools not quite the season it might be we're coming into August but I tell you in Florida this is a second week the kids have been back already I know we start a lot sooner than most of the rest of the country in the northeast I think you start right beginning of September but nonetheless you have sporting goods musical instruments and bookstores fell 1.9 percent online sales posted a 3.1 percent drop so the market takes those numbers they take it in stride it's a week number though and it's a week number for the month of July when things were much more promising I would say than they are August 17th Hillsborough school district folks Tampa Bay okay they got an emergency meeting for their school board tomorrow Wednesday because they have something like 5600 kids already in quarantine and 350 teachers in quarantine and they're trying to figure out how to operate in this environment kids got to get back to school but I think the only way to do it folks is safely that's why this conversation gets so heated because everybody wants kids back in school and with cases persisting especially the way they are in Florida right now Hillsborough they're bananas I'm not in Hillsborough right now I have a couple homes one is there but that's a tough number when you got almost 6000 kids four days into the school you're practically being quarantined tough numbers we'll see how they shake out stay tuned folks we come back take a look at Walmart Home Depot we'll get ready for the open golden ratios give shape to everything in our world represented in the Fibonacci sequence these special numbers to find the patterns that make up our universe not even markets can escape the omnipotence of these ratios Larry Pezzavento is a 45 year market veteran who has published nearly a dozen books on the powerful patterns we find in nature and their relationships with the ever elusive markets Larry's newsletter Fibonacci 24 7 will teach you to harness the power of these natural golden ratios in order to create successful trades Fibonacci 24 7 is designed to teach the tools you need to identify and act on these undeniable and reoccurring patterns sign up for Larry's newsletter Fibonacci 24 7 and you will also receive free access to his trading webinar trading strong trending markets try out Larry's newsletter risk free all of 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Welcome back folks we have the markets in negative territory S&P's down about 26 points right now you get the Dow down about two thirty one trading thirty five thousand three oh three taking a look at a couple of the companies out with their numbers this morning you got Walmart out with their numbers pretty tame reaction so far you got a deceleration in their online sales growth which is interesting when we're going to take a look at the retail sales number you saw a decline of greater than three percent online transactions maybe hinting to some of that little bit of a slowdown but Walmart they crushed it for same store sales forecast they guided up as well Walmart's been in quite a rocket ship recently you put this thing on a daily we do have Walmart in my newsletter rocket equities and options you just trade from one thirty five to one fifty so a lot of optimism priced into that equity when you're within about twenty five cents of where we closed out yesterday from Walmart shares after trading down to one forty nine we're going to open basically right where we closed out yesterday jumping over to Home Depot out with their numbers as well when we get target and lows later this week as well you got Home Depot though trading lower there's your action on their earnings you spike from three thirty four down to three eighteen we're sitting at three twenty two right now again back to the daily this thing has been on quite a run as well lofty expectations you're coming in almost right to all time highs there's your action on Home Depot three forty five sixty nine we're about ten bucks from that level last night but you're down about four percent about twelve dollars they're trading lower Home Depot shares and seeing where we're at so you're trading at three twenty three right now you take this whole run it had since March up to the all time highs we had since three forty five the three eighty two about a three hundred and eight dollar price tag we almost rate it right back to that fifty percent retracement back in June that number for Home Depot two ninety six not out of the question when you're down twelve dollars right now to three twenty two that you're only talking about twenty five twenty six dollars from where we're trading at right now now jumping around to get their numbers will start off with Walmart all right let's get into the numbers here we go there we go dollar seventy eight this dollar fifty seven quite a beat on revenue when you're talking about basically almost four billion dollars and ninety days of extra revenue hundred forty one billion versus a hundred and thirty seven point one seven second quarters each fiscal year showing on the darker side one of five percent same store sales growth they did decelerate though when you're talking about the e-commerce sales there's the chart there a little bit of a deceleration had the market a little worried probably by Walmart why Walmart is trading about flat right now on the open all right folks let's jump over to our man Kevin Hicks every trading day eleven a.m. Eastern Time live on Tiger TV TD TD Ameritrade Network fast market with Kevin Hicks Alex coffee and the team breaking down the market action walking you through hypothetical trades we got a nice week of retail earnings coming up we got retail sales today Kevin Hicks good morning good morning Tommy how we doing you know a number coming out right now Tommy industrial production a nice little beat here we've got industrial production month over month they were looking for up point four came at up point nine manufacturing looking for up point five came in up one point four and compassion capacity utilization rate seventy six point one so a beat across the board and we're looking for up point five industrial production so that's pretty good numbers you know retail sales were a miss Tommy but you're seeing a little softening in in the down movement futures mainly because this number was made up of motor vehicle sales down three point nine percent another and expected weakness in in the autos so that number kind of being the myth that we saw Tommy yeah it is interesting quite a miss when you just look at the headline number maybe a decrease of one point one percent versus was it point three or point four Kevin I believe something like that looking for a decrease but the market was already in negative territory so yeah we're down twenty six points right now but coming into that number I mean you're talking about quite a tight little decent numbers they beat on revenue they have a little bit of a miss in terms of their online sales growth baby given the investors a little bit of a pause Home Depot all things considered pretty decent numbers but the market has some lofty expectations for some of these companies right now interesting when you look at Kevin the retail sales numbers they come out with Walmart the declining number of online sales do you take anything away from them dramatically these public companies you know a deceleration of growth just means they're still growing just not at the rate that maybe they were but Walmart a little bit of a miss their retail sales also a little bit of a miss on the online sales you looking at that at all this morning yeah here's the problem no absolute am I looking at I look at everything the top from last year remember last year at this time e-commerce sales at Walmart they're close to that is probably still a good strong number so people frustrated about that should probably you know temper their their disappointment because the comparable is to a year ago and so the year ago was so strong in the middle of the pandemic with e-commerce so Walmart's only down you know fifty sixty cents so that's actually a pretty strong move for them Tommy it is remarkable man I mean we're business owners TFNN of course and if you ever were just growing at those types of I mean they're still growing right it's just they're not growing at the rate you want I mean they're just growing dramatically in e-commerce they beat by revenue by four billion dollars now we have Walmart my newsletter I'm a little bit biased here Kevin but we have it for a reason they beat by four billion dollars on revenue in ninety days man so not not not that bad for ninety days to beat on that revenue so we got the retail sales Kevin we got some retail numbers we still got some retail what are you guys going to be talking about coming up in an hour and a half at eleven o'clock today on fast market well today it'll be a good one because we get Target, Lowe's and TJX today so it's still all retail kind of spreading it out a little bit of apparel a little bit of home improvements and a little bit of big box today and I love how it's always you know Walmart and Target right Home Depot and Lowe's so comparable yet definitely their own entities and how they're serving their customer and how their customer bases might differ a little bit and you got both of those stocks obviously reacting to their competitors we got Lowe's this morning from one ninety three you're down a bit to one eighty seven and jumping around the Target Target right now down about two dollars but the market is weak as well so of course you can have a little negative action Target man this stock I can't wait to see how you guys cover it from you're talking about under a hundred dollars last year folks you're at two sixty three I had a channel line on this thing Kevin it is above that channel line now at two sixty three you got an all-time high at two sixty seven made just last week well Kevin we look forward to the conversation man we look forward to the show as always we'll be watching at eleven o'clock today thanks for having me on Tommy have a great day my pleasure you too Kevin folks tune in outstanding program I know I talk about every day I talked to Kevin Hanks Tuesday Wednesdays and Thursdays I try and schedule my day to watch that program I try and watch them all but the way they break down options especially during our earnings season I would check it out if you get the chance excuse me okay jumping around what else we got going on let's jump through I was going to do we did Walmart numbers so there is what we talked about there e-commerce sales growth waning a bit same store sales for Sam's Club increasing seven point seven percent more than the three point seven markets we're looking for big numbers there highest quarterly revenue ever for a three-month period outside of a holiday season on Walmart revenue rising by two point four percent to one hundred and forty one billion dollars as we mentioned the number that they were looking for was one hundred and thirty seven point one seven there but the e-commerce sales that's really the only negative on there and as Kevin was saying there's a ninety seven percent growth from a year ago as you're comping against that number tough to replicate something like that on an ongoing basis and we'll see how they open though we got Walmart and we will break down Home Depot numbers as well because Walmart basically about flat right now stay tuned folks we're gonna come back in about three minutes we'll come back for the market open I'll be right back fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com the Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with the sharpest minds in the trading world subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other Tigers and Tiger's as they share trading ideas news analysis and discuss the market action all trading day subscribe to the Tiger's Den 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visiting tfnn.com this segment is brought to you by thinkorswim for more information just click the thinkorswim banner on the front page of tfnn.com welcome back folks we got markets open and we're pulling back a bit right now you got the SMPs zoom back out we were trading at 44 43 right now where's my print on that let me put that 15 minute for some reason there we go there's the bar I couldn't quite see it 44 43 little bit of negative action on the open right now you get the Dow down almost 300 points there's your action on the Dow 35,243 right now Russell down 25 points not quite below where we were at pre-market though and you get the Nasdaq 100 not sure what's going on my charts right now is that right bar not quite showing up until I zoom in 14,990 you get tech stocks Nasdaq 100 dropping we're negative by about a percent right now bitcoin positive by 400 one of the few things I have green on my chart gold barely hanging out to gains by about 70 cents to 1790 this morning we jump to notes and bonds talk about a little bit of a pullback right now 13408 you're negative by about two ticks in the 10 year we take a look at the VIXIS this market trades lower on the open 1756 right now okay jumping around to what else we were talking about here so we talked about Walmart let's get into Home Depot now Home Depot shares tumbled despite earnings beat retailer rang up fewer customers as do-it-yourself trends weakened Home Depot same-store sales slightly short of estimates now Walmart crushed it on same-store sales home improvement chain reported a 5.8 percent drop in customer transactions from a year earlier average ticket though 11.3% larger interesting how that diverges right less people in the door but of those people they're all spending a little bit more money and 11.3% it's not just a little when you look at an average ticket is 11.3% larger how about no outlook for the full year folks I understand why things are in flux but we are at a point that these executives are being paid riches in the tune of as we all know sometimes hundreds of millions of dollars to manage these public companies and they don't want to give you an outlook they should be paying a penalty for that okay during the beginning of covid I I remember talking about that any executive that was not pulling their guidance was just not maximizing their benefit right then you were paying no price by pulling your guidance because everybody understood that guidance is out the window right now nobody really understood where it was going last year there are enough bright people folks to at least be able to model where we're going to be now you're making guesses like you always are and those guesses are a little bit more volatile and a little less uninformed there's just variables that you can't quite quantify in the way we're used to but nonetheless there's a lot of bright people when you're getting paid tens if not hundreds of millions of dollars they should be providing an outlook every company should be providing an outlook that I'd be owning right now what do you think about it getting into the numbers they beat by about nine cents four fifty three versus four forty four revenue beats as well but barely you're talking about three hundred million pretty remarkable and three hundred million over ninety days is barely a beat but it is for the three months net income four point eight one billion from four point three three a year earlier market was looking for four forty four revenue climbed eight point one percent from a year earlier and again year earlier for a company like Home Depot they weren't paying the price as much people really taking advantage of that time to improve their homes total same-store sales four point five percent for Home Depot short of the more than five percent growth anticipated five point eight percent dropping customer transactions as I said earlier eleven point three percent larger sales per retail square foot grew five point three percent year over year six hundred and sixty three dollars and five pennies home improvement was a big covid winner and Home Depot perform massively through the crisis this is an Oppenheimer senior analyst talking about but I've got to believe that as the economy opens up as people start to move around again there's going to be less of a focus on spending on the home and that's why we're seeing these numbers now so you have Home Depot let's see how we're trading on the open whoops HD yeah pretty much where we were pre-market you're down about three point five percent for Home Depot shares we jump over to Walmart shares Walmart basically off slightly you're down about four tenths percent for Walmart on their numbers alright and yeah they're talking about Sam's Club in the YouTube Tigers then out there I agree my house old has a Sam's Club membership stock up on the essentials every two weeks it's a way to do it folks if you can you know the simple stuff right paper towels water toilet paper non perishables it's a great deal but they have a little bit of improvement to go and that's why you saw Walmart paying the price as I talked about on my show I think yesterday the process they have even a company like Walmart the size they are and through Sam's there's been many times that the process and the delivery and the service and the ability to go into an order maybe how it shows up I'll tell you a quick story okay Sam's Club we're talking about three four five months ago at this point placing orders I order paper plates alright a big you know what's it probably a hundred pack of those China kind of the nicer paper disposable plates right cardboard plates almost they show up the first time in a box as is the case right all of the items show up in a box they're shipped to you and I could tell the package was just dirty didn't make sense was dirty and I'm talking about plates you're going to eat off right so I call them I say yeah you know the plates are dirty I don't know what happened they say okay we can refund them or send it back out I say send it back out send a new one that works about four or five days later kids you're not alright now there were a couple items that were there that I had to get recent the plates show up literally in a plastic bag that they're in so no box whatsoever placed on my front door it's just like an item from the supermarket that they literally just took and put on my front door and it was dirty as could be and there was a hole in the bag that stuff just does not happen at Amazon I remember my mind was blown how does that happen so number one you have this product that makes it out of the warehouse my guess was is that somehow that fell out of the box that they delivered to my house the driver went back through they saw the item they said whose item could this be they went through the possible deliveries they realized it was probably my item they came back to the house and they dropped it off on the front door a horrible failure in terms of process on many aspects the bag it looked like it was bouncing around the truck the whole time it was dark it was black it was kicked it was holes in it these are paper plates and the delivery driver just literally drops it off at my front door and rings the bell they have a long way to go on some of those where that is just that would never happen on Amazon and somehow they've had a lot of problems now Sam's is great but they have a lot of work to do so you know we own Walmart and my newsletter but my spikes are up on my back folks because they are not competing where they need to be with Amazon yet when it comes to online deliveries we actually ordered a Walmart pickup in my household just this past weekend it was not a great experience we thought it was going to be free we got to the end of it it was $35 plus the order I don't think we're Walmart plus nonetheless it was an $8 delivery fee you have to tip the driver $5 which is fine we're talking about $8 plus $5 that's $13 added on you have to select a window it's not same-day delivery so they have a long way to go they do but what market's liking it though we're slipping into the positive right now Walmart up about 310% let's jump over to Home Depot and kind of the trend staying as in Walmart was pre-market in the negative they're continuing in the red down 4.4% for Home Depot and we have Walmart in the positive now Target shares down 1.76% probably having to do with the likes of Walmart seeing their e-commerce sales declining I'm guessing you jump over to Lowe's they're paying the price probably because that transactions right you're talking about much less transactions for a company like Home Depot that's likely to contribute to the Lowe's numbers that we'll see coming up as well let's jump over to these two stocks so we got markets open we're talking about they're out with their numbers tomorrow believe it's pre-market you're talking about $8 move right now priced into the stock for Lowe's coming out with their numbers we jump over to Target shares Target you're talking about an $11 and 64 cent move $257 stock and TJ Maxx we get as well talking about $2.58 move TJ Maxx right now you're trading down 1.4% the retail trend as well stay tuned folks we'll be coming back right after the break we got a lot to talk about we'll be right back we're talking about the price of Real Estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater Markets Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of Real Estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions in certain up and coming areas to the type of cash flow investment properties are capable of creating tiger real estate can help you make the best 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Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at<PHONE_NUMBER> or email us at tiger at tfnn.com. That's<PHONE_NUMBER>. Call us today. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the Technology Insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for valued tech stocks, as well as entry prices, target prices, and stops to set for each trade. Dave delivers his weekly newsletters every Friday, with updates throughout the week. You can get the Technology Insider at tfnn.com for only $37.50. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Folks, we got the S&P negative by 25 points. We'll see where the day goes. Yesterday, we had negative action as well and the markets resurged higher by the close at 4 p.m. We'll see this morning. A little bit of weakness on the retail sales number from the month of July. Not a great sign, too, when you think about Delta variant really taking hold late July to early August, at least where most of the country became aware that another wave may be coming that could impact actual behavior. It's impacting us in Florida, folks. I'll tell you, in a big way. You're talking about back-to-school shopping. We got a lot to worry about in Florida, let alone back-to-school shopping. Now, you get into what we have going on here.  You got Hillsborough County, number one, Tampa. I believe that's the seventh largest school district potentially in the country. Four days in, basically, of where we are. We started Tuesday or Wednesday, I believe, last week. I think it was Tuesday. As of 7 a.m., you're talking about this is yesterday morning, I believe. No, yes, 7 a.m. Monday. 5,600 students and 316 employees in Hillsborough County Public Schools currently in isolation or quarantine. That's for either you could test positive or those who have had close contact. They have a special meeting going on tomorrow night just to figure out how they keep schools open as you have thousands and thousands of cases. Now, I'm in Polk County. We have one of our kids starting pre-K this year, four years old. They go to an elementary school. You already got calls going home that they got COVID cases in there. Now, here's where I'm going to go with this, all right? DeSantis, very divisive figure. We'll put it in terms of politics in Florida. Now, he is out here, folks, talking about Regeneron, okay? I'm going to pull up DeSantis' Twitter feed, okay? Because it's important to understand the context of what's going on here, okay? All of this new talk on his Twitter feed is talking about monoclonal antibody treatment setting up sites for this. I really wish he would be stressing vaccinations, folks, because that's how you're going to keep people out of hospitalizations, which is the most important part here, okay? Yes, there are breakthrough cases that do happen when you're vaccinated, but a vast majority of the people clogging up the hospitals right now, okay? Which is resulting in elective surgeries not being able to be done are unvaccinated people. We all know how DeSantis feels about that, okay? He's spending his time plotting with his legal team how to resist vaccine mandates by private companies doing business in Florida at the same time he's out there touting the monoclonal antibody treatment, okay? Now, where is this treatment from? This treatment is from a company called Regeneron, okay? You pull up Regeneron and they have had quite a run. They're having quite a run today at up another 2%. You take a look at the daily since about March, okay? When it looked like we might get over this thing, if people took their vaccines, Regeneron was at 441. Well, since then, you've risen up to 640, okay? Who is one of the largest owners of Regeneron? One of the largest owners of Regeneron is Kenneth Griffin of Citadel. And who is DeSantis's largest contributor? Ken Griffin, okay? Who gave $5 million to DeSantis's pack in April. Where were we in April? We were trading about $480, okay? So he loves the idea, Ken Griffin, that you don't have to talk about vaccines. Just use Regeneron's monoclonal antibody treatment to treat everybody that gets it. It's a shame, folks. It's just horrible to see that $5 million it's given. And you scroll to DeSantis's feed, folks. It is all about these things, talking about it, all right? Yeah, you have a little bit of storm in there as well, okay? All of these tweets, nothing about vaccines. It's embarrassing the way it's getting handled, all right? We got my kids at risk, with everybody's kids at risk, all right? And schools ain't going to be able to stay open if you've got mandates with no masks at a time you get thousands of kids. And the conflict of interest to have the largest contributor to DeSantis, a huge owner of Regeneron, a huge owner of that pushing this, it's a bummer, folks, all right? His whole feed here is talking about monoclonal antibodies, setting it up. We need to get vaccinated. That's how you get over this thing, okay? And it's a real bummer that he's taken $5 million from Ken Griffin and touting this thing all over the state now like this is going to be the cure and the end all. It's not the case, folks. Wake up and pay attention. It's embarrassing. There's the work. There's the math. Follow the money as usual. You follow the money. It goes right back to the biggest contributor to DeSantis, who is the second largest owner of Regeneron, and that stock just went from $480 to $640 as you have the governor of Florida around the state touting treatments as opposed to touting vaccinations. It's a bummer. There's no way around it. Numbers in Hillsborough County, folks. I mean, it's just no denying. It's remarkable. All right. Jumping back to the markets. Let's see what we got going on. We'll jump to some of the stocks that we have in terms of coming up with their earnings. We talked about target shares pulling back 1.9% right now, $257. Let's jump around to some of the thanks stocks this morning. You got Amazon shares down about three-quarters percent. Amazon quite the trade yesterday down almost $100 and gets it all back by the close. Apple was making new highs yesterday. Apple, look at that resurgence. We closed the day at about $151.12. Today, we're up about $0.20 at $151.30. You're up a size $151.70. Remarkable that Apple continues to make new all-time highs even in the face of some weakness in some of the tech stocks, right? There's your daily on Apple. I mean, compare that to some of the strongest companies out there. Microsoft, same deal. All-time highs yesterday on Microsoft as the fag stocks continue to carry some of the market. Google shares just off the highs. You're talking about $29 off the all-time highs for a stock trading at $2,700. We jumped to Facebook shares, $364. They traded lower on their earnings last week. We've kind of been sputtering around basically near all-time highs outside of a few days on some of those equities. Let's take a look at gold because gold's been a little bit of a winner recently. Gold, from the depths that we were at. Now, here's the interesting thing, right? I talked about it originally. Gold, you back things up to where we were in gold here. March 30th, you're trading at a price tag of $1678.30, $1677.30. What did we hit last Sunday night, folks? $1677.90. Within $1, we get to both of the previous low in March and within about $4 from that low in March earlier in the month. Maybe that's where we had to test, folks, to take out maybe the stops. We basically come right down that level. Since then, it's all been upward action. 1793, put gold on a three-year weekly. See where we're at? Still in a downward trend, though. We've got to break above it. When I look at the trend line, you take an easy spot from the top line there to the bottom line, and that's going to line up pretty well outside of a little bit of an outlier maybe, but if I'm looking for a little linear regression potentially, it's an art, not a science, folks. You're supposed to line up consecutive points for a trend, of course, but that's a downward channel line, and wherever you pot it. You could pot it right there, matching up these. Maybe you get a little bit below that line briefly.  Now, jumping the notes in bonds, which is obviously going to play into the gold, they've been holding up well. There's your three-year weekly. We run from $1,735 on October of 2018. We make a high during the depths of COVID of $140, $24. You pull back to an exact $382. You chop around at that $382 price tag from March 1st all the way to the end of June, and then we accelerate higher, and we'll see. Now, you could make the same case in terms of this downtrend. We're bumping up against that trend line. Not sure where the bottom part would that would be, but interesting that all of those peaks lining up to kind of where we are right now on that 10-year, maybe that provides a little bit of resistance, potentially, as the market. Not quite sure where rates going to end up as the economy marches on. All right, folks, stay tuned. We got the S&Ps down 26 points. We'll take a look at the other companies we got coming up earnings later in the week. Dow off $274 right now. Russell off $211, and we got Crude sitting negative by $0.10 at $6719. Stay tuned, folks. I'll be right back after the break in three minutes. All right, folks. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. Basil Chapman is an authority in technical analysis. His Chapman Wave trading system has been helping traders identify trends and capitalize on momentum in the markets since 1984. TFNN invites you to test Basil's proprietary Chapman Wave trading methodology with a monthly subscription to the opening call newsletter for only $149. Your subscription to the opening call comes with a 30-day money-back guarantee as well as daily market updates on key indexes, stocks, and commodities. Ride the wave. Sign up for the opening call risk-free today. Introducing Primal Edge. Today it's even more important to take a supplement that complements your health. Primal Edge is specifically formulated to boost your immune system and help with weight loss, better sleep, stress reduction, and the need to detox. Our early ancestors found all their nutritional requirements in the wild environment, but today our food sources don't contain the vitamins, minerals, and nutrients that we need to stay healthy and strong. That's why we need Primal Edge daily nutrition. It includes a special blend of bionic, soil-based vitamins, minerals, fatty and amino acids in an easy to use liquid form. Primal Edge is powered by highly concentrated humic and folvic acids. Nature's preferred delivery system. They've been called miracle molecules because like sunlight, air, and water, without them life cannot exist. That's right, Ellen. They ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal Edge. Just $89 exclusively at tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks. We've got markets dropping a bit. We've got the S&Ps down 33 points. You get the Dow down 300 points. S&Ps right now, not quite to the lowest we had yesterday. You're within about nine points to that point. That would be a critical area, folks. 44.30, you're talking about right near the lowest we had one day, also correlating to the lowest we had on Thursday. You jump to the Dow, or about the lows on yesterday and the Dow, about 100 points from where we're trading at right now. 35,146. Nasdaq, 100, just off that level as well by about 60 points. So all the markets not even back to the lows of yesterday yet. Things look pretty dicey on the board, but we weren't even where above where we were at basically yesterday at this time. So keep that in context, folks. You jump to other stocks, as I talked about with earnings this week. We got Cisco and NVIDIA out on Wednesday. So today we're talking about Lowe's Target, TJ Maxx, right? We had Walmart and Home Depot. You get Cisco and NVIDIA jumping over to those two. Cisco, you're looking about a 5% pop on their numbers just under that price tag. $2.31 move. NVIDIA should be an interesting one as well. Now, NVIDIA out with their numbers tomorrow as well. You're talking about more than a 5% move on NVIDIA. You take a look at this equity. We're down about 2.1% right now. But we just traded from 140 back in their prior earnings. You were coming to the last quarter at a price tag of 157. We were just above 200 yesterday. So you're talking about pushing all-time highs, right at the upper boundary line. We're trading at 195. They're out with their numbers tomorrow as well. All right, folks, what else we got going on this week? Now, Larry Pezzavento, he will be doing his show today live at noon Eastern time. We got Fast Market at 11 o'clock, of course. We got our man Basil Chapman coming up next. On Thursday, Larry Pezzavento ain't going to be doing his show, folks, because he's going to be doing a live trading webinar for five hours. 9 a.m. till 2 p.m. Eastern time. He'll take a couple breaks in there. Five hours, 9 till 2 p.m. live trading webinar. Trade what you see, live trading event. And he's going to talk about, folks, methodology while he's in there trading. How to use ABCDs to build an expectation for the next sequence of moves, talking about risk management with those formations, patterns he uses, three patterns that help identify shifts in supply and demand, trend changes, simple tools to help you find an edge. All of that's going to be covered, folks. You get a month of his newsletter as well. You get $195 and that will be archived. You can watch as many times as you like on your member page at TFNN. Thanks so much for tuning in, folks. Starting your day, we've got markets in red territory. Should be an interesting one out there. Stay tuned. Basil coming up, Fast Market at 11. Larry Pezzavento, Steve Rhodes, Dave White, Tom O'Brien's back this afternoon. Thanks, folks. We'll be right back.


One of the beautiful things about Urban Street is it's now bringing in money to the council and we estimate around £1.4 million is going to come into the council through Urban Street this year. That's going to rise to £1.7 million next year, so it's been hugely successful for us. It is a very small amount of money. I think the average for a band is around £15, £1600, so some of that goes to the fire service, some to the police, some to the counter council and only £140 of that comes to the district council. For the range of services that we provide, emptying the bins, sweeping the streets, licensing taxis, looking after restaurants, all those sort of things, planning, enforcement, it's a huge raft of services for such a small amount of money. This is a £5 increase, which is always regrettable, but it's around about inflation. It's about 3.6%, 3.7%. We believe that actually it's better for us to provide those services rather than cut those services that I've mentioned. Having to increase council tax is one of those things that we have to do, so we're generating income from Urban Street. We're raising council tax by a small amount, £10 a week, but we're also looking to make about £4.4 million of savings over the next five years. So that's a huge amount of savings that we still have to find, even though we're actually increasing our income from elsewhere. OK, so here we are in north Stowe, and this document is South Cambridgeshire District Council's plan going forward. We've been asking people across the district what are the things that really matter to you. And the two things that people have come back with are transport, getting about, being able to move around without too much hassle, and housing. And so what we're doing is playing those sorts of interests, concerns, ambitions into the district council plan going forward. And the good thing about north Stowe is, as you can see, we've got houses coming up out of the ground at the rate of knots. We've got a guided bus over there, which is incredibly popular and usable. We've got the school over there that's already open. It's planned, it's sustainable, and it's happening fast. And those are the things that we aim to do in South Cambridgeshire.