Hi, my name is Leon Roe currency trader and trading coach at trading 180 comma welcome to this week's Applied Demand for us and gold Fundamental and technical analysis and let's jump straight into the week ahead. So 19th of June In the United States the spotlight will be on speeches by several Fed officials including chair Jerome Powell's testimony before Congress investors will also closely Follow flash PMI services and manufacturing readings as well as housing data such as housing starts building permits and Existing home sales. It would be a busy week in the United Kingdom with the Bank of England's interest rate decision As well as releases from the inflation rate retail sales and customer confidence Additionally, you've got central banks in China Switzerland The rest we don't necessarily look at And they're detailing the course of their monetary policy elsewhere Inflation rates will be released in Japan So finally flash PMI's for June will offer first look into economic conditions in Australia Japan the UK the euro area Germany and France so lots to look forward to a bit like on the US news, but It's an important They are coming out elsewhere, especially for the UK so moving on to some technicals and Some more in-depth fundamentals. So the dollar this week. What did we see? We saw Jerome Powell indicate that at least two more rate hikes are coming After they actually paused, which is I guess it was considered a skip or pause And it says official lifts officials lift forecast for rates growth Core inflation and Fed signals break from string of increases likely to be brief And so federal reserve officials paused their series of interest rate hikes But projected borrowing costs will go higher so interest rates are going to go higher Then previously expected owing to what chaired Jerome Powell called surprisingly persistent inflation and labor market Strength and so it was considered a hawkish hold But the market actually didn't believe the federal reserve, right? And so you've seen this week, you know from a technical price perspective The dollar actually decrease in value depreciate and this was also driven by some other news that came out Which was inflation related. I think it was was it PPI producer prices index and I think there was Jobs as well or unemployment came in a bit higher in the same week that the federal reserve Were hawkish right and so what that pretty much means is that the data needs to support the narrative So if the economy is slowing and Inflation is coming down to the two percent target Then it means that they're actually less likely to hike And so the Fed can kind of say now that they're hawkish and that they're expecting maybe two more rate hikes But if that doesn't support that narrative then It's pretty much, you know the markets not gonna believe what the Fed is saying, you know today And they're gonna price that in right what they're not gonna price in the hikes, which is basically what what's happened? So To summarize I guess That sentiment and what Bloomberg economists say is that they interpret this dot-plot as as a jaw-boning to when jaw-boning is like that moral suasion so central banks what they do is they try to talk up the Currency so what they'll say is they try to get the market to do the bidding before they actually Do hike or cut and so if they want the market actually and they want prices to go higher or lower And what they'll signal to the market is they'll say oh, we're thinking about hiking And that's basically or use language hawkish language to try to get the market to anticipate that they're gonna hike Pushing prices to where they want prices to you know that may help inflation or deflation Depending whether they want to you know be hawkish or dovish and get the market to move prices and That is what is called jaw-boning without actually moving Or tinkering with interest rates and so they're signaling to the market that they are hawkish But whether they are or not is another you know is another thing. So, you know, basically that's what the Bloomberg economists are thinking is that they are just jaw-boning and talking up The the the dollar and it basically is a way for the Fed to preempt further easing in Financial conditions in response to its rate pause even if the additional tightening is unlikely to be fully delivered And so they say that we believe that inflation will likely be lower than these projections by year-end and Ultimately the Fed will hike less than what the new dot-plot Indicates, right? And this is from Anna Wong-Stewart Paul and Eliza Winger and they are economists now Goldman Sachs have a different View on it Goldman says that markets are too optimistic on the pace of US Inflation drop and strategists watching impact of energy prices and pace of growth and FOMC is still concerned about Persistent price increases inflation in the US won't come down as quickly as markets are currently pricing according to strategists and Goldman Sachs group and so this is really the The the chart and they this is market to be considerably more optimistic than we are about the pace of inflation Normalization so you see the market implied Inflation coming down and then you also see Goldman Sachs is forecast in blue and they think that inflation is likely to You know stay a bit stickier, right? And so Second go back And it said they say although we expect further declines in inflation going forward markets to be considerably more optimistic then we are about the pace of cooling strategies said and It says fun strat Head of research Tom these said that in a note Friday that price increases could ease off potentially this year and possibly amid a Drop in the shelter in the shelter or rent component of the consumer price index of stock market It's beginning to come around to that way of you and probably explain the much of the games the year-to-date is said That wasn't what I wanted to read but Where was it now what did I miss it? All right says here investors could be assumed assuming that a sharp deceleration in growth will lead to a more rapid easing of price pressures Intending to be more bearish on energy prices than what is implied by commodities future strategists led by Praveen wrote on in a note on Friday They've seen they see limited ability for those things to lower prices and say markets also ignoring the potential for delayed Onset inflation in sectors like healthcare anyways the You know Goldman Sachs pretty much believe that Inflation may not you know, maybe stickier than anticipated So it's all about data and when a day it comes out So if data supports a rate hike meaning inflation this remain sticky it doesn't come down as days as it is or goes higher Then in fact that proves that the Fed is right and you'll have You know the they're likely to hike which would then mean that the dollar is likely to be supported but if not then and Inflation is actually seen as coming down Like some economists predict then pretty much any pullbacks are shorting opportunities, right? And so it really just depends on you know how the market See And interpret the data So the dollar was a bit of a bit of a In a bit of no man's land at the moment again, it's just more data dependent. So dollar yen and the The dollar yen again Although the dollar is in a bit of a precarious position and the markets don't necessarily believe their hikes The Bank of Japan is this week stayed very dovish only central bank really to remain dovish and So and not really high crates and so And not looking to high crates in any way to the Bank of Japan holding race possible your curve control adjustment in July But the radar the Bank of Japan governor is still remaining quiet dovish. So with that being said what you've got in fact is more Hawkingness For the dollar and any pullbacks should be buying opportunities if you subscribe to You know the interest rate divergence trade idea so any pullbacks into these zones I think are going to be decent for a for a long trade The problem is though is that the weaker the yen becomes is the more the central bank the Bank of Japan are likely to So want to intervene and so we look at this this article was well talking about the yen carry trade and It says carry trade yen carry traders cheer away the softly softly approach to Bank of Japan So Japanese yen is the only negative yielded among 31 currencies no change to Bank of Japan's negative rate policy expected in 2023 and so This is basically the Where the carry trade is where I shall read it from here It says carry trades take advantage of the difference in interest rates between two economies to borrow Where the rate is low and invest where it is high so while speculation lingers the Bank of Japan made tweak it He'll go control program this summer to make it more sustainable We read his commitment to negative rates is what is key for any carry Strategy involving the yen so they just borrow the end a cheaper rate invest it in you know higher yielding Currencies like the dollar the New Zealand dollar the pound and make money on the difference, right? And so You know with that You know you're seeing and a lot of the yen pairs if it's you know euro yen Pound yen that you're seeing pretty much parabolic moves, right to the upside not so much on the dollar, but on those other Currencies where the central banks are a lot more hawkish you see in lots of upsides So I would in the short term at least expect the hawkishness to continue One four fives are seen as the area where Prices may want to kind of turn around to be fair That's kind of been like the line in the sand From several banks or one four five one four sixes could be a really nice short in area But let's see. I think the path of these resistances still to the upside as and you know as Kind of you know negative sentiment on the dollar Has been against other currencies. I think against the yen It should continue to move higher and then you pull backs are shorting Opportunities pound straight dollar Swiss again dollar big pretty much selling off this week and There are some shorting opportunities Looking for any kind of pullbacks into supply if you want to be a buyer of the Swiss Frank Of course, the Swiss and the Swiss National Bank are looking to hike this week and continue hiking matter effect. So Yeah, they are quite hawkish. So any pullbacks I think are Buying opportunities or shorting opportunities With regards to the Swiss Frank, but again, they are dependency if there's data supporting the economy on further for the dollar as well as Interest rates and inflation then you could see a decent buy in fact at those 88 to 50 cent levels, so so yeah, there's that Dollar cad and the dollar cad again dollars selling off and then when you have a central bank like the Canadian dollar who are Continuing to hike rates or seen as continuing hiking rates and you've got the Federal Reserve who have who have paused Yes, no wonder, you know, you see prices continue falling any pullbacks If you want to be a buyer of the Canadian dollar versus the US dollar, I think that's gonna be a really nice Buy you do have a decent area of demand technically in and around this one three one area But again you to buy that you definitely need some of the prices to kind of move to the upside you need sustainably you'd need the dollar To have some decent Data to support it moving on to the pound dollar And the pound dollar This was a supply zone and I always say this if you've been watching me long enough is that there's no technical level That's gonna stand in the way of Fundamental analysis. This is the reason why We use fundamental analysis to kind of pick and choose levels and directions Right in the direction that you want to trade in at no point You know there's lots of traders that would have tried to get short here and Not understanding why you would want to get short if you know the fundamentals and resentment doesn't support that right? It doesn't support didn't ever supported it. So, you know, you stay out of that trade going short and so you've seen the pound really just go from strength to strength and Pull back to the nearest demand zone is all the way down here. So Yeah, if you if you're just looking at daily demand zones, then you've got a long way to go For a pullback into into this level before looking at long trades, of course There there are options as well that could play out where you have a pullback And then you have prices make new highs and then you'd wait for a pullback into a Higher low or you could have a scenario where you have Prices pull back a little bit then they make lower lows then make a new high breaking that previous high there Then that creates that demand zone around here and then you get that move to the upside there So Many different ways that this could play out doesn't mean that prices have to pull back all the way down to these 26 $1.26 areas You know, you could see that play out as well, but looking at the uk The headline is that britain faces recession and flood of job losses if rates hit six percent investors are betting on rates peaking near two decade higher. So that's actually Supporting the pound at the moment there one of the hawkish central banks and the market is pricing in a lot of well a lot more rate hikes and a lot more than the Than the us anyway and borrowing costs now a bigger drain for households than energy and one of the I guess effects of hiking rates is that it contracts the economy It raises borrowing and lending costs hurts businesses, you know Mortgage repayments and if people have got less money in their pockets because they've got, you know more on their mortgages Then You know, it hurts the economy especially if you know, you're a services more of a services economy and you need retail and sales because you know people are gonna Rather keep the money in their pocket and or can't even afford to you know, spend any out and buy You know things and invest in the as they invest but spend in the economy Because they're paying such high mortgage rates, right? And so that's the downside really to the pound in in over the next maybe couple Maybe medium terms. I wouldn't say even short term, but I would say probably near to mid term You're starting to see this Happened and if you start to see again the data Support the narrative that that the economy is actually contracting then I think the pound has reached its peak and I think the central bank will actually see that as well and start to think You know what we can't raise interest rates as much as you know We maybe thought and so, you know, six percent seems to be the number where There's going to be a you know, quite a lot of pain coming into the economy But I think for now the The The move is to the upside. Of course, don't want to buy at highs waiting for a pullback and then Yeah, into into some sort of zone or let the zone create also as well One of you know, when the bank of england release or I guess Yeah, announced there what what they're hiking and how much they're hiking Take note of the speech afterwards. And if they're hawkish or dovish also as well, there is cpi This week coming out. In fact It should be on here. Let's see what day it is building permits Sorry inflation year on year. So that's on the 21st. So that's going to be a critical critical day for For the bank of england and interest rates and how hawkish or dovish they are and then you've got Bank of interest in bank of bank of england interest rate decision the day after so So, yeah, let's see what happens with the with the pound And also just a reminder that the supply and demand cause content of fundamental analysis mentoring is going to be open tomorrow, I say tomorrow, but on Monday the 19th of June And so if you have been waiting to enroll that is going to be your chance going to be open for a limited time only only for about five days Um, if you want to add fundamental analysis to your trading And learn really high level supply and demand trading strategies as well as stop hunting Just really get um high level mentoring Then you can join then you access to the fundamental analysis spreadsheet where I share my fundamental biases as well as My trading videos and a lot of these trading videos. I don't release to youtube. They are for The members only so Just to let you know to just show you that you've got, you know the 17th of June weekly supply and demand technical analysis So these are technical analysis where I go in depth on The pairs that i'm looking to trade all the trade setups you've got I've got hundreds of videos here also as well you get access to the Wednesday's live call where every Wednesday I have a zoom call where you know, basically Q&A we do Q&A I'll tell you what my biases and why we go over charts And it's your opportunity to really kind of ask questions and get mentoring with me um Where I show you pretty much, um, you know, uh, what to do and how to Really approach the markets and you get um as well, which is access to the trading Mentoring discord channel where we've got a great bunch of traders Check out the youtube mentoring videos where traders give their feedback On the service as well You can check that out on the youtube channels and so yep 19th enrollment opens in In a in a couple of days. So going back to the charts So let's look at the Euro dollar and the euro dollar And um, yeah, so We've had the euro were very hawkish this week we had um ECB hawks worn rate hikes made me to persist beyond the summer So now what's happening is is that the um, they already basically hiked christine legard was very hawkish And then now they're actually pricing in potentially septembers rate hikes Which is which is interesting, but what it does it adds to the um The fact that the european central bank are very Very hawkish even in the face of a recession, which is uh, which is a bit crazy to me But um, the market is basically ignoring the recession Uh talk and pretty much just looking at it from the perspective of who is uh more hawkish And so you've seen that basically in the market Again, no supply zone is going to stand in the way. There's no Uh resistance zone. It's going to stand in the way of uh of the market revaluing Price and this is what we've seen so just update in the the chart And you've got demand zone there as well So any pullbacks to um this area here Is going to be decent if you're looking to buy the euro zoom in out I mean, this is a decent area to actually look for shorts if if if the Excuse me if the um If the data supports actually a hawkish fed so I can't imagine what I can imagine it, uh, but um in the short term Unless, you know, we can kind of break through this supply zone, but really only if There's a situation where Um, the the the data doesn't support the euro. Sorry the dollar Strengthening and so um as the market kind of prices out or doesn't price in To rate hikes then you're going to see prices go to the upside as well as obviously the the european central bank being hawkish But they are also at the kind of the mercy as well of um the economy Or their economy because the ecb faces narrow path to avoid hard landing imf chief says in european central bank should keep focus on reducing inflation which is which is their Their main focus and georgeva Says 90 percent of advanced economies are slowing down because again as I said before The more you hike is the more um, you tend to contract the economy and if you're already in a recession A technical recession and you're hiking then you could actually make things worse. So and you're likely to make things worse and so um It is a bit of a strange one. Um from an an economics perspective, uh, why the european central bank would continue to hike I mean, I understand you're trying to get inflation down and that's the priority but I think um by the end of the year in fact if um The those rate hikes have a detrimental effect the economy In fact, I don't know whether our prices will go. We know there are targets for, you know, the one 12 one 15s Um, I'm not too sure whether that will happen, but let's see Um for now though in the short term You know the sentiment is to buy the euro the market is pretty much saying buy euro buy euro buy euro So any pullbacks are going to be decent buying opportunities if you get down to the 108 Not too sure whether that will happen again similar to the pound dollar where you might get a higher high higher low and then a pullback That would be a buy or you might get lower highs lower lows and then a break and then a pullback And then you're looking for a buy trade there if you're looking to buy the dollar and be um Uh counter to the uh to pretty much general sentiment Then you're looking at um this supply zone here is a decent area to look for Any short trades looking at the euro dollar again, sorry euro yen and again you can see the the difference between central bank divergence playing out on a chart where the european central bank are very hawkish yet the um The bank of japan are not to write and so you'll see in that play out You need them pretty much a 500 600 pip Pullback in order for you to get long on this From a daily demand zone perspective So doesn't that that's going to happen anytime soon unless there's some major news that comes out from japan Um But yeah, where we are again very similar to the in fact exactly the same as the pound dollar or maybe like the euro dollar where you need to see higher highs being made um or pullback Down into the lows or you're looking at lower highs lower lows being made a break above and then a pullback into that demand zone Before looking at getting Long other than that I can't see reason why you would want to get short on that. Um on that yen Unless you're trying to anticipate yield curve control a bit early, but that's going to be a very tricky trade to be fair For you to get involved in Euro pound euro pounds going lower and lower and um, I think with the euro pound it is I think the pound is is Slightly stronger than the I say slightly but it's seen as being stronger than the Um than the euro and really for the main reason for that is I think it's because the pound has um It's got better economy pretty much. They're not in a recession. And so although the the the ECB are hawkish You've got better economy in the uk at the moment but also as well, um the higher they got higher inflation and so um, I think the The the the banks are quite um a pricing in a bit more hikes than expected From the bank of england. So that's basically what's happening. So if you continue to want to be, uh, Short on the euro pound Then you're looking at I think the 108 Uh, sorry the 0.86 twos are going to be really nice for a short or Basically back up into these 0.87 area again that all depends on what happens This week if inflation comes out Higher than expected then pretty much the central bank are going to end up hiking more Or they expect to hike more which then means that you're going to see or you should see The british pound actually start to Appreciate against the euro not necessarily, you know massive increases because you do have Two central banks that are hiking right and when you get two central banks that are hiking Prices do tend to auction But um, you can just get more of a slower grind lower or higher depending on which one the market prefers to buy or sell If you are looking to buy the euro, then you're really looking at next demand zone It's going to be all the way down into the 84 50s before looking at getting long The australian dollar us dollar gone from strength to strength Again, I think last week we're looking for a bit of a pullback If you were looking to buy the australian dollar didn't happen and prices have basically broken through that supply zone And the more times the level is touched by the way, which has been touched like once twice three times The weaker it becomes because it's no longer really a bargain anymore and um So with with a weaker sentiment Against the the u.s. Dollar, but also as well um the um The australian dollar the rba central bank of australia were quite uh hawkish as well They had a surprise hike um was it last week and so pretty much What you're seeing is the effect of again two central banks at least in a short time Um You know diverge where one central bank has kind of held rates And the other and and the market doesn't believe that they all hike as much as they say they are Whereas you've got the rba who are hiking rates and the market believes that they're going to hike rates more, right? So that's the reason why you're seeing this move. So um any pullbacks into demand decent for a uh a buy trade um again very similar to um the other pairs that i've mentioned with regards to the uh the fact that if you don't get You know when you get this large pullback you may have to wait for higher highs higher lows or um, you know certain You know similar patterns also as well If you believe that the uh dollar actually could be a decent buy up here technically But again the data would have to support that narrative If you can't just you know look to buy the uh or or short this pair up about um Anticipating that there's going to be some good news or some decent news for the uh for the us dollar Although this move has gone quite parabolic. So I would expect some profit taking at least to some of these levels before prices go to downside I think also as well Jerome Powell's um Speech could actually be a turning point um around here depending on how hawkish He is and gold finally gold um gold has been in this auction for a while now Let me just get rid of some of this analysis or saying this last week um And there was a really nice stop hunt. I think one of the guys got involved in this um was a really nice trade In fact, let me see if I can find it one second Yeah, so here it was So uh, you know Spencer got a little stop hunt on gold. So yeah, really nice trade So this is where he got involved and uh price has um gone higher It looks like so. Yeah, really nice. I don't know what time frame that was but like maybe a lower time frame Somewhere like maybe the hourly or something. Yeah, so nice nice nice managed to get involved and then prices went to the upside anyways, um Yeah, where we are now, of course, you know, we're at the bottom of this demand zone So prices kind of bounced along if you're expecting The dollar to actually go um to get weaker then you would have to look for gold to go higher if you're expecting the dollar to um get stronger and appreciate then in fact This supply zone could be a really nice supply zone to look for shorting of gold. Um any recession talk Is going to be uh buying opportunities for gold. I think um if the economy starts to contract Further and the signs of slowing down and inflation coming down and the federal reserve is is not looking to hike then gold should be You know the buy as it typically Moves in the opposite direction to the dollar. So uh, those are really where your levels are um at the moment and so yeah, um It's a uh a decent uh trade uh on that on that stop hunt anyways guys, I hope you had um A great trading week and I hope you have a great trading week and don't forget that if you do want to be mentored by myself uh the um trading 180 mentoring opens on Monday the 19th I look forward to working with you anyone who sent me uh also as well any emails if I haven't got back to you I'm I apologize. I don't know what's happened. I think I've had some uh some issues with my uh email coming through from My website and so some people have emailed me multiple times And it hasn't come through and so um and then they email me directly and then it's like oh, I haven't received it So if I haven't received it, I apologize. I'm going to go through them again and try and find exactly where they are And get back to you ASAP. So guys, I hope you have a great trading week I look forward to working with you if you do want to join the mentoring group It's only open for about five days and then that's it for maybe until maybe october november depends Anyways guys, take care speak to you soon all the best


This is theCUBE, SiliconANGLE's cutting-edge internet TV show where we're covering all the latest and greatest in technology. Today we're in San Francisco at the first Node Summit, an event dedicated to Node.js. And I'm joined today by the guy who literally wrote the book on Node, Tom Hughes Croucher, the author of the forthcoming Up and Running with Node from O'Reilly. And also here with John Furrier, the co-founder of SiliconANGLE. Welcome to theCUBE, well, what do you think? You're in theCUBE, we're relaxing. So you wrote the book. I wrote the book. Don't write a book, I don't recommend it. It's good that it's done. Yeah, yeah, it's good for speaking gigs, you know? You get the book out there, I know, but seriously, Node's been such a huge success just recently, just rising really to the top of people's minds and hearts of developers. What's the phenomenon about why, why so fast? I think it's been really interesting. I mean, I spent the last two years traveling the world talking about Node for both Yahoo and then for Joints, who of course sponsor Node, and just seeing the shift of the developer mindset. Ruby's been really popular, people have bought a lot of great things with Rails, but it's no longer acceptable to have a slow app. Everybody wants thousands of users, everybody wants real time, and that's the reason that people are shifting to Node because they need that high performance, and they need to be able to present a company that can, hey, scale to 10,000 users, 100,000 users, a million users. And if you look at the kind of startups that are really doing stuff with Node, like Voxer, they have millions of users making phone calls using the system, and it's like, that's pretty incredible. So yeah, I'm really amazed at the continued growth. So let's talk about that mindset. So this is something that people are trying to get their heads around outside of the community. The mindset, obviously with IO, we were talking earlier with Matt about Voxers getting that low latency number down, down to the bone as fast as they can, pushing the envelope on that. But talk about the mindset, what is that mindset? Is it all about just thinking differently around coding? Is it around more architecture? Is it systems programming, all of the above, multiple languages? What is that mindset that's different from where it was? I think primarily it's the architecture, and I think it's this fundamental assumption. A lot of the architectures that we have have been this legacy that's come from like the batch computing days, like literally punch cards, where the entire architectures we've been using to build internet applications are based on these multi-user mainframes where the CPU used to be sized between the different programs for each user. And we no longer have that problem. We now have this problem where we build applications that facilitate communication. And it turns out that the networking piece is the hardest piece, and it can't get any better because even when we hit fiber, fiber is still constrained by the speed of light. We can't go faster than the speed of light. So at some point, even if everybody has fiber in everybody's homes, it's still going to take whatever it is, 50 milliseconds to get from here to Hong Kong. We can't make that faster. And that constraint is this real constraint that everybody's been ignoring up till now. And Node really has made it easy for people to deal with that constraint, to take that thing and kind of create an architecture where anybody can code in a way which doesn't care about this network IO problem. So it gives the developer more back-end-like capabilities with that constraint and as benefits, it increases their range of capabilities. Matt called in a nice line in our last interview just now was he treats HTTP like a first-class citizen. Right, exactly. And talk about that role. I mean, that's a protocol that's obviously standard. Talk about why that's now a first-class citizen. Well, and I think this is, I mean, again, like many languages have this kind of historic culture where they've picked up a bunch of stuff. JavaScript didn't have any real success on the server until Node came along. I mean, some people were using it for a few things but you enter the JavaScript conferences and it was a few people doing a few things. With Node, we now have this large body of people that have suddenly embraced a new way of doing this coding where Node has specifically been designed to serve websites. It's been specifically designed to do internet applications. So it's not just taking the JavaScript as a language, it's saying, hey, we want JavaScript to do this thing really well. And Node's sometimes criticized because it doesn't do some specific general-purpose application that Java or something else does better. We don't care. The thing that we're really interested in is this large problem that lots of people use the internet and lots of people use the web. And if we can do that one thing really, really well, then we're going to save or make a lot of people a lot of money and create a lot of good things in the world. Yeah, so it's not so it's diverse devices and connections. You guys just standardize on that HTTP and the server capabilities. And I think this is kind of, you can see that in something like LinkedIn. LinkedIn switched their mobile services to using Node and that had an extremely dramatic impact because the connections that mobile phones have, that cell phones have is so poor. So in that context, switching that context has a much higher benefit than a different context such as services to server communication. Are we really talking about the mobile web here? I mean, all the key themes and use cases seem to be highlighted on mobile. I think mobile's a really huge use case. There was some really interesting statistics I saw recently that talked about the sort of the shift between the amount of users that have internet through their cell phone device versus internet through their broadband device. And that's shifting in the US. It's definitely shifting in the emerging markets. So I think there's increasingly, that's going to become an important topic where most users have, especially in the areas where people don't have internet, so maybe less affluent backgrounds, they still have mobile internet, even if they don't have broadband wide internet at home. And that brings up the whole mutually exclusive argument. I'm on a mobile device, but also I might have three or four other connections going on at the same time, and the data needs to manage that. So does that address a well-in node, and we just talked with Voxer about that, that they got to save all the messages, someone's on a mobile phone, they also want to move over to the browser. What's the backend data flow look like? So I mean, note doesn't solve all problems of scale, but again, I mean, this is a key part of internet applications is that a lot of what we do now is we shuffle data around. So in general, if you think of an application like Google, as a sort of the canonical web application, if I typed in a search query for cats or something, and then Google went out and searched every web page for cats in real time, it would take a month for them to go through all of those web pages. So instead, they compute a search index, and they can turn me a result in a matter of seconds. All of that's about shuffling data back and forth. It's not about the actual computation anymore for the user, it's about how do we go and find the information that we've already have? How do we go and find the information that's specific and is the information that the user wants? So it's stored somewhere, and it's how do we route to that information? So that's the real question. That's the real problem that we're trying to solve for these sort of current up-to-date internet apps. Talk about the impact. Let's stay on that mobile thread, because I think that really is a huge, and everyone now is shifting to mobile, so it's not just about web on the browser anymore, it's actually you got to have that device access point connected. Obviously, it's really a two-horse race with Apple and Android. Where are these guys weighing in on this? And we saw a great demo from Brass Monkey about their gaming, very cool app, this browser, doesn't work with Apple TV. So there's issues. Apple, not known for their JavaScript support, really well. I mean, they're always dicking around with standards and want to control it. What does that mean? I mean, is it going to... LinkedIn, is it bottleneck? Is it a problem? Not a problem, and Android a little bit more open, that's mature than Apple, but open. What's all this? What's your views on all that? What we can see is that clearly the cloud services are playing an increasingly large role in mobile apps. So for example, Siri, as an Apple product, wouldn't be possible without cloud. Siri is simply, it has some very limited on-device capabilities, but really in order to do any kind of significant functionality, Siri relies entirely on cloud services. So the idea of a cell phone that's connected to the cloud is becoming this increasingly important topic where, I mean, for example, the LinkedIn app, of course, we know users' node, but it relies heavily on these APIs. So the data on the device itself is extremely limited, and it's then going to the cloud to do that. So we need to do that in a really efficient, scalable, effective way to support all of the users, support all of the different devices. And that's where Node really comes in. And I think, I mean, there's a company I'm advising called Webmobi, and the idea is to build a platform which is sort of a, you know, mashing up phone gap apps plus cloud APIs. And this is the kind of space where we're looking to make it easy for people to take an API and take those kind of cloud services that people rely on, and then have that replicated into the device. Like, how do you pair those things together? And these are where applications are going, where we rely on the big data, the big compute, the big services that we put into clouds like Joint and Amazon and Rackspace and all of those places where the server farms are doing all the processing, but then the representation to the user is happening on the device that they want. And the actual functionality you can keep on the device is entirely dependent on this data that we're pulling in from these cloud services. So this is the mindset that you're talking about, this notion that, hey, let's re-look at the architecture, leverage the fact that we have more powerful devices at the edge. I don't want to call them fat clients because they're really thin, but they're powerful and the CPU's getting better and stronger, the network's the bottleneck. Is that correct? Is that what you're saying? Well, I think this is the thing. So if I, this is my phone, I have an iPhone, this is actually the four, not the four S. And the thing that's interesting about this is this device is like $800. $800 of computing power in a server farm is just unbelievably more powerful. The difference in power between my cell phone and $800 in a server farm is astronomical. And this is, you know, why would we, when we have these really powerful communications channels, why would we possibly constrain what we can do on the device based on the computing power on the device? Because pushing that small, battery efficient computing power to the device is really expensive comparatively. So what we want to do is we want to use and utilize all of this network infrastructure that we have. And with 4G LTE and like all of these other things coming into play, we're having more and more network capabilities and nodes really sitting there in the middle facilitating the communication between these high performance things on the device, you know, the fancy graphics and all of that, but shuffling the data back and forth between that and the high performance cloud computing. And, you know, using Hadoop and big data to compute, you know, using many computers in the cloud cheaply. So that's the kind of the difference where it's like, yes, we want to do amazing things, but we still need this thing in the middle to connect them. Yeah, and that's cool. And you can optimize that. But the question back to Google and Apple, are they standing in the way or is it not really a factor? Apple and Android? I think it's less of a factor. I think, you know, we'd love to see node or more platforms. I mean, obviously, sort of HP put node into WebOS because they really saw, you know, they really saw a value there. And whatever the success of that product, I think it's inarguable from a technical standpoint that it didn't have a significant impact on that product. It didn't add a lot to that product. So I think what would be really interesting to see is, you know, whether there's going to be some, yeah, whether there's going to be some more bets on node and certainly there are people that are putting node onto Android devices in various different forms. Well, if the developer community continues to get the acceleration that it's getting, I'm sure there's going to be not just pressure, just social proof to these guys that it's going to work. Just to kind of change gears on that thread, I got a message from one of our younger readers and watchers, an entrepreneur, a young guy, a coder. He's asked the question, should I learn Rails or should I learn Node? What should I do? So you got a younger generation of kind of CS guys and or coders, or hackers and CS dudes who like, hey, I don't mind jumping in and learning four or five different languages, a piece of cake, but should I learn Ruby first or Rails first or should I learn Node? And I think, I mean, I would say that, I mean, obviously sort of a node summit, we probably have a bias, but one of the things that's really nice about Node is that JavaScript is ubiquitous. If you learn Node, then you're learning JavaScript and if you know JavaScript, then you have this ability to work both with Node on the server and have this kind of high performance environment that's getting all the press right now for good reasons. But then you also have the ability to work with that same language and build all these kind of web applications. And I think that's a really compelling argument for some of the younger readers, is if you're going to learn something, learn something that's going to be reusable, I think it's going to be interesting to see Ruby and Ruby on Rails, how much that proliferates. Like as, if Rails continues to stay popular, then maybe it will, but is Node actually going to be a really tangible threat to sort of Ruby on Rails and Ruby is the indie language. As this becomes more popular, as Node has made JavaScript a more viable server-side language, that may actually be a really tangible threat. And I mean to the point where there are more people on GitHub that follow what's happening on Node than do Rails. And that's pretty interesting considering the relative ages of the projects. And you see similar things on Google searches and other things. And we're here inside theCUBE. I'm John Furrier, the founder of SiliconANGLE.com. We're here at Tom Hughes Crocker with Clint Finley, managing editor of now DevOps Angle, our new dedicated publication to DevOps, which is Node, which is this new emerging greatness around cloud, new architectures. Having a fantastic conversation inside theCUBE, our flagship telecast, we've got the events. Let's talk about your, what you're doing right now. Obviously you wrote a book about Node. You're doing a lot of evangelizing and working within the community. What are you up to now for your work? So I spent a long time at Yahoo, building really large sort of big websites with lots of users. And it was very lucky that I got to spend some time working at Joint with Ryan Dahl, who created Node. But for me, it was a chance to kind of go out and see what some of the other folks in the industry are doing. So I'm currently running a company called Jetpacks for Dinosaurs. And using my experience and my colleagues' experience working on very high performance websites and specifically with Node, we've been working with some really exciting clients that are building some fantastic things with Node, solving some really big problems. So earlier in the week, we've heard from the guys at Walmart, and Walmart Labs are really pushing the boundaries of what can you do with the resources of a large company to really innovate and to really take some of those things. So I can't speak for Walmart, but certainly the things that the Labs team are doing are really exciting. And I think the perspective that I'm seeing is that there are an awful lot of startups and existing kind of bigger companies like Walmart that are looking to really take something like Node and push the boundaries. They're really looking to sort of, if I'm a startup, how do I really kind of scale my users? How do I build a product that scales fast? And if I'm a big company, how do I take some part of my application that I have and how do I make it faster and more efficient and grow that and spend less on resources? Let's talk about startups. Okay, so there's a lot of young entrepreneurs here. We're here at the Node Jam on day two of Node Summit. So, you know, in the other room in there, they're presenting their elevator pitches and whatnot to the crowd of VCs and audience. What's your advice for startup? I mean, a lot of these guys are, we saw some students from Brown and Notre Dame and some other colleges here. We got some young hackers, some CS dudes. What's your advice of startups with playing with Node and around development and going to market? I think Node's a really good place to be right now. And I think actually a lot of the VCs that are actually kind of looking at it are looking for people that are doing Node because they're recognizing that people that are doing Node have a technology skill that's going to be very applicable in the future. And I think I've even seen now already that people that have done startups that have used Node, even if the startup hasn't been successful, there's a person have become valuable because there's such a demand for skilled Node engineers now. So I think there's a, particularly for the younger audience, there's a real opportunity there because Node is becoming the next big thing very rapidly. And you know, we've seen from just from the summit a number of large companies hiring Node engineers. So there are really great opportunities based on this technology. I think in terms of startups, the thing that's really great about Node is it's allowing startups to kind of pitch out of their league effectively. So typically you don't have to raise as much money because on a couple of servers from either join or Amazon or whoever, you can host a startup that will scale to 10,000 people without trying too hard, with some simple technology with Node and maybe Mongo or Redis, so like a few things. And you can really start to have that first 10,000 users that's going to help you raise money without necessarily having to go out there and spend your college trust fund or spend the money that you're earning. So there's really a good opportunity now for startups to be really effective without having to necessarily get too much money. And I think this is a large part of what we're seeing with the increase in angel funding, the increase of people that are getting very small seed rounds is because they are able to do a lot more without having to go and ask for a million dollars to buy a lot of server resources. And also I would comment on that, totally agree by the way, we're totally in the same religion there and it's really great for entrepreneurs and it's great for society. But one thing I'm noticing with Node is that the scale point for success is increased.  So you can actually do a little bit more back end headroom if you will, if you think about it properly. Would you agree with that? I would absolutely agree with that. And I think this is kind of increasingly I think what you're seeing is that the products that people are taking to investors are much more developed. They're much more sophisticated. And I think in general, tools like Node are giving people the ability to really push the boundaries of what's kind of considered a successful pitch. Are you in the Bay Area? I am in the Bay Area, I'm based in San Francisco. Well we have one minute left so we want to wrap up but I wanted to say really enjoy the conversation. I think we want to talk to you more with our DevOps angle as we get more into this. Just on a final word, what's your feedback to the folks out there around what's the community like around Node? Obviously we're seeing great tight knit, a bunch of people small still and growing. What's the community like with Node? I would say the Node community has pulled some of the best people from a lot of other communities because they see this as an opportunity to really do things right. And I'm really excited because I've never seen a community grow this fast and I've never seen one that's been quite so respectful. So I feel like the Node community is really embracing if you're not sure what Node's about. Try the mailing lists, try the chat rooms and you'll find a place where people will openly welcome you and really help you get started. I think I would add, respectful is a great word, I would also add professional. There's a lot of professional and range of, it's not just one class of folk if you will. So the Node community's respectful, professional, great stuff, Tom wrote the book. Thank you so much for being on the queue, appreciate it. All right, we're going to take a quick break.


Warble for Lylok Time by Walt Whitman, read for LibriVox.org by Alan Davis-Strake. Warble me now for joy of Lylok Time. Sort me, O tongue and lips, for nature's sake and sweet life's sake, and death's the same as life's. Sylvaniers of earliest summer, birds eggs and the first berries, gather the welcome signs as children with pebbles or stringing shells. Put, in April and May, the hylas croaking in the ponds, the elastic air, bees, butterflies, the sparrow with its simple notes, bluebird and darting swallows not forget the high-hole flashing his golden wings, the tranquil sunny haze, the clinging smoke, the vapor, spiritual, airy insects humming on gossamer wings, shimmer of waters with fish in them, the cerulean above, all that is jockened and sparkling, the brooks running, the maple woods, the crisp February days and the sugar making, the robin where he hops, bright-eyed, brown-breasted, with musical clear call at sunrise and again at sunset, or flitting among the trees of the apple orchard building the nest of his mate, the melted snow of March, the willow sending forth its yellow-green sprouts, for springtime is here, the summer is here, and what is this in it and from it?  Gathering these hints, these preludes, the blue sky, the grass, the morning drops of dew, with additional songs, every spring I will now strike up additional songs, nor ever again forget these tender days, the chance of death, as well as life, the lilac scent, the bushes, the dark green heart-shaped leaves, wood violets, the little delicate pale blossoms called innocence, samples and sorts not for themselves alone, but for their atmosphere, to tally drenched with them, tested by them, cities and artificial life, and all their sights and scenes, my mind henceforth, and all its meditations, my recitatives, my land, my age, my race, for once to serve in songs, sprouts, tokens ever of death, indeed the same as life, to grace the bush I love, to sing with the birds, a warble for joy of lilac time. End of Warble for Lilac Time by Walt Whitman. This recording is in the public domain. Warble for Lilac Time by Walt Whitman. Read for LibriVox.org by J. C. Guan, Montreal, April 2008. Warble me now for joy of lilac time. Sort me, oh, tongue and lips, for nature's sake, and sweet life's sake, and death's the same as life's. Souvenirs of earliest summer, birds' eggs and the first berries, gather the welcome signs, as children with pebbles or stringing shells. Put in April and May, the highless croaking in the ponds, the elastic air, bees' butterflies, the sparrow with its simple notes, bluebird and darting swallow, nor forget the high hole flashing his golden wings, the tranquil sunny haze, the clinging smoke, the vapor, spiritual, airy insects humming on gossamer wings, shimmer of waters with fish in them, the cerulean above and all that is joconde and sparkling, the brooks running, the maple woods, the crisp February days and the sugar-making, the robin, where he hops bright-eyed, brown-breasted, with musical clear call at sunrise and again at sunset, or flitting among the trees of the apple-lockard, building the nest of his mate, the melted snow of March, the willow sending forth its yellow-green sprouts. For spring time is here, the summer is here, and what is this in it and from it? Thou, soul, unloosened, the restlessness after I know not what. Come, let us lag here no longer, let us be up and away, oh, for another world, oh, if one could but fly like a bird, oh, to escape, to sail forth as in a ship, to glide with thee, old soul, over all, in all, as a ship over the waters, gathering these hints, these preludes, the blue sky, the grass, the morning drops of dew, with the additional songs, every spring will I now strike up additional songs. No ever again forget these tender days, the chants of death, as well as life, the lilac scent, the bushes, and the dark green, heart-shaped leaves, wood violets, the little delicate pale blossoms called innocence, samples and sorts, not for themselves alone, but for their atmosphere, totally drenched with them, tested by them, cities and artificial life, and all their sights and scenes, my mind henceforth, and all its meditations, my recitatives, my land, my age, my race, for ones to serve in songs, sprouts, tokens ever of death indeed the same as life, to grace the bush I love, to sing with the birds, a warble for joy of lilac time. End of poem. This recording is in the public domain. Warble for Lilac Time by Walt Whitman. Read for LibriVox.org by Christian Hughes. Warble me now for joy of lilac time. Sort me out tongue and lips for nature's sake and sweet life's sake, and deaths the same as life's. Souvenirs of earliest summer, bird's eggs, and the first berries, gather the welcome signs as children with pebbles or stringing shells. Put in April and May the highless croaking in the ponds, the elastic air, bee's butterflies the sparrow with its simple notes, bluebird and darting swallow, nor forget the high-hole flashing his golden wings, the tranquil sunny haze, the clinging smoke, the vapour, spiritual airy insects humming on gossamer wings, shimmer of waters with fish in them, the cerulean above, all that is jockened and sparkling, the brooks running, the maple woods, the crisp february days, and the sugar-making, the robin where he hops bright-eyed, brown-breasted, with musical clear call at sunrise and again at sunset, or flitting among the trees of the apple orchard, building the nest of his mate, the melted snow of March, the willow sending forth its yellow-green sprouts. For springtime is here, the summer is here, and what is this in it and from it? Thou soul unloosened, the restlessness after I know not what.  Gathering these hints, these preludes, the blue sky, the grass, the morning drops of dew, with additional songs, every spring will I now strike up additional songs, nor ever again forget these tender days, the chance of death as well as life, the lilac scent, the bushes, the dark green heart-shaped leaves, wood violets, the little delicate pale blossoms called innocence. Samples and sorts not for themselves alone, but for their atmosphere, to tally, drenched with them, tested by them, cities and artificial life, and all their sights and scenes, my mind henceforth and all its meditations, my recitatives, my land, my age, my race, for once to serve in song, sprouts, tokens ever of death, indeed the same as life, to grace the bush I love, to sing with the birds, a warble for joy of lilac time. End of poem. This recording is in the public domain. Souvenir is of earliest summer, birds eggs in the first berries. Gather the welcome signs, as children with pebbles are stringing shells. Put in April and May, the high-last croaking in the ponds, the elastic air, bees butterflies the sparrow with its simple notes, bluebird and darting swallow, nor forget the high hole flashing its golden wings, the tranquil sunny haze, the clinging smoke, the vapor, spiritual airy insects humming on gossamer's wings, shimmer of waters with fish in them, the cerulean above, all that is joke-hunting sparkling, the brooks running, the maple woods the crisp February days, and the sugar-making, the robin where he hops, bright-eyed, brown-breasted, with musical clear call at sunrise and again at sunset, or flitting among the trees of the apple orchard, building the nest of his mate. The melted snow of March, the willow sending forth its yellow-green sprouts, for springtime is here, the summer is here, and what is this in it and from it? Thou, soul, unloosened, the restlessness after I know not what. Come, let us lie here no longer, let us be up in a way, o'er for another world, o'er if one could fly like a bird, o'er to escape, to sail forth is in a ship, to glide with the yo-soul, or all in all, as a ship o'er the waters. Gathering these hints, these preludes, the blue sky, the grass, the morning drops of dew, with additional songs, every spring will I now strike up additional songs, nor ever again forget these tender days, the chance of death as well as life, the lilac scent, the bushes, and the dark green heart-shaped leaves, wood-violet, the little delicate pale blossoms called innocence, samples in sort, not for themselves alone, but for their atmosphere, the tally drenched with them, tested by them, cities in artificial life, and all their sights and scenes, my mind henceforth in all its meditations, my recitatives, my land, my age, my race, for once to serve in songs, sprouts, tokens ever of death, indeed the same as life, to grace the bush I love, to sing with the birds, a warble for joy of lilac time. End of poem. This recording is in the public domain. Warble for Lilac Time by Walt Whitman. Read for LibriVox.org by Philippa Jevons. April 2008, London. Warble me now for joy of lilac time. Sort me o'er tongue and lips for nature's sake and sweet life's sake, and deaths the same as life's, souvenirs of earliest summer. Birds eggs and the first berries. Gather the welcome signs as children with pebbles are stringing shells. Put in April and May the highlers croaking in the ponds, the elastic air, bees, butterflies, the sparrow with its simple notes, bluebird and darting swallow, nor forget the high-hole flashing his golden wings, the tranquil, sunny haze, the clinging smoke, the vapor. Spiritual airy insects humming on gossamer wings, shimmer of waters with fish in them, the cerulean above, all that is jockened and sparkling, the brooks running, the maple woods the crisp February days and the sugar-making, the robin where he hops, bright-eyed, brown-breasted, with musical clear call at sunrise and again at sunset, or flitting among the trees of the apple orchard, building the nest of his mate. The melted snow of March, the willow sending forth its yellow-green sprouts. For springtime is here, the summer is here, and what is this in it and from it? Thou soul unloosened, the restlessness after I know not what. Come, let us lag here no longer. Let us be up and away. Oh, for another world. Oh, if one could but fly like a bird. Oh, to escape, to sail forth as in a ship, to glide with thee, oh soul, or all in all as a ship or the waters, gathering these hints, these preludes, the blue sky, the grass, the morning drops of dew, with additional songs. Every spring will I now strike up additional songs, nor ever again forget these tender days, the chance of death as well as life. The lilac scent, the bushes and the dark green heart-shaped leaves, wood violets, the little delicate pale blossoms called innocence, samples and sorts not for themselves alone but for their atmosphere, to tally, drenched with them, tested by them, cities and artificial life, and all their sights and scenes, my mind henceforth and all its meditations, my recitatives, my land, my age, my race, for once to serve in songs, sprouts, tokens ever of death indeed the same as life, to grace the bush I love, to sing with the birds a warble for joy of lilac time. End of poem. Warble for lilac time by Walter Whitman, read for LibriVox.org by Sergio Baldelli, Rome, April 2008. Warble me now for joy of lilac time, sought me o tongue and lips for nature's sake and the sweet life's sake and the death's the same as life's. Souvenirs of earlys to summer, bird's eggs and the first berries, gather the welcome signs as a children with pebbles or stringing shells, Putin, April and May, the highless croaking in the ponds, the elastic air, bees, butterflies, the sparrow with its simple notes, bluebird and a darting swallow. Now forget the high hole of flashing his golden wings, the tranquil sunny haze, the clinging smoke, the vapour, spiritual, airy insects, homing on gossamer wings, shimmer of the waters with fish in them, the cirulian above, all that is jocund and sparkling, the brooks running, the maple woods, the crisp, favoury days and the sugar-making, the robin, where he hops right-eyed, ground-blessed, with the musical clear call at sunrise and again at sunset or flitting among the trees over the apple orchard, building the nest of his mate. The melted snow of March, the willow sanding forth its yellow-green sprouts. For springtime is here, the summer is here, and what is this in it and from it? Thou, soul, unloosened, the restlessness after I know not what. Come, let us lag here no longer, let us be up in the way. Oh, for another word, oh, if one could but fly like a bird, oh, to escape, to sail forth as in a ship, to glide with thee, oh, soul, over all, in all, as a ship over the waters, gathering these hints, these periods, the blue sky, the grass, the morning drops of dew, with additional songs every spring will I now strike up additional songs. Nor ever again forget these tender days, the chance of death as well as life, the lilac scent, the bushes, and the dark green, heart-shaped leaves, wood violets, the litter-delicate pale blossoms called innocence, samples and thoughts not for themselves alone, but for their atmosphere, to tally drenched with them, tested by them, cities and artificial life, and all their sights and scenes, my mind henceforth, and all its meditations, my recitatives, my land, my age, my race, for once to serve in songs, sprouts, tokens ever of death, indeed the same as life, to grace the bush, I love, to sing with the birds, a wobble for joy of lilac time. End of poem. This recording isn't the public domain.


What's up, everyone? So today is Monday, today is YouTube Live Day. So if you guys don't know, I do a free video watch list every single Monday for the viewers on YouTube. And after that, at 11 a.m. market time, I do a video recap of my trades. So before I start, I want to kind of mention a pretty big announcement that we're doing. I'm going to mention it now, and I'm also going to mention it later. So last week, we held our second annual boot camp event. This is a live trading event where both Bao and I were trading live. We were showing you the process live, and then we had presentations from our moderators. We had hundreds and hundreds of attendees that came, members, non-members, people from around the world. And I personally can't believe how much value we gave out for just the $97 ticket fee. We provide you guys with a full process, all day faders, long, short, patience, promo, pre-market trading, live trading. We basically gave you all the secret sauce in a two-day event. And I'm very proud of the team. I'm very proud of Joe. I'm very proud of all the moderators. I'm very proud of Fernando. I'm very proud of everyone that kind of put this together, right? Because what you guys don't see is the six months of work that went in before this. What you guys don't see is our website went down, right, when we started the event. What you guys don't see is all the hard work behind the scenes. And I'm very proud of the team. I'm very proud of what we've built. We've come a long way in two years. And I just want to say thank you to everyone for trusting us. Thank you for everyone that attended. So we wanted to do kind of something really special and really unique. So the special announcement is this, guys. If you are a non-MIC member, as a way to give back to the community, as a way to say thank you and as a way to celebrate MIC's second birthday, our special promotion is that if you are a non-member of MIC, you can now join the club for a discounted rate of $97 your first month. So normally our pricing is $197 a month. With this new promotion, it is going to be $97 for your first month only. So what we're doing is we're giving this away to the first 25 people that text Tosh the number is 97. So if you text Tosh 97, you will get access to have MIC your first month be $97, which is significantly cheaper than anyone else out there. So this is your chance, guys, to join MIC. This is your chance to see what we're all about. This is our way of giving back. So Tosh's number is<PHONE_NUMBER>. If for whatever reason you cannot text him, email him at Tosh at myinvestingclub.com. This is going to be for the first 25 people only, guys, first 25 people. So text him and he will work with you. And this is something that took a lot of convincing to make sure that Bow approved it to make sure that our team approved it. This is something that has never been done before. We are actually losing on this deal. We are actually losing money. But the point is we want you guys to see what MIC is like. We want to open up our doors for you. And we are only, only, only doing this for the first 25 people. So this is your chance to see what MIC is like, guys. You're getting basically half off our membership. This has never, ever, ever been done before and probably will not be done again. So this is a special way of saying thank you. This is our way of giving back to the community on our two-year birthday. And I really hope that you guys take advantage of this. And if you guys don't take advantage of this deal, I'm telling you, trading is not for you. I'm sorry. I'm really sorry. If this is too much for you, if you do not take advantage of this opportunity, give up trading is not for you. Where else? I shouldn't even be talking about it. I shouldn't even mention it. You guys should know the value here, guys. You guys should know the value here. You're going to get mentorship phone calls, videos, commentary, lessons, everything. Everything, everything, everything for $97 your first month. So please text Tosh at<PHONE_NUMBER>. Take advantage of this deal before someone else takes your spot. So now that that's out of the way, let's talk about trading today. So today I had a pretty good day, made about $5,500, which is good, which keeps me on track to make over a million dollars a year, which is good. Remember, $4,000 a day is a million dollars a year. So the reason why I think today's video recap is very important is because I want to talk to you guys about broken stocks versus hot stocks of the day. So let's go back to what we do the day before, right? So what I always look for on my Monday watch list is what stocks were moving on Friday. I was kind of feeling under the weather on Friday, so I didn't really trade, but I still tuned in. I still looked at what stocks were moving. I looked at the watch list and I compared what was happening. So on Friday, we have PIXY and Givo that were low-hanging fruits. I think my morning watch list on PIXY was a 450 and 470 lines for short, and Givo was the 140 and 150 line. If you look at both of those low-hanging fruits, you can see that they both hit the lines and failed in the morning. So automatically, right off the watch list, you have two easy setups, two low-hanging fruit setups that you can make money off. Now, fast forward to the day one plays, right? We had SONN, CGIX, and what was this, ASTOCK, A-D-A-M-N-P, someone's going to mention, I'll relay it. But we have three stocks moving today, right? So if you look ADMA, A-D-M-A, S-O-N-N, and CGIX. So if you looked at SONN and A-D-M-A, you could see that pre-market, the stocks were broken, pre-market, the charts were broken. ADMA was an easy to borrow stock. So something that we have to keep in mind about this market, guys, is lately, for I would say approximately the past two or three weeks, these stocks that are easy to borrow and broken pre-market, they tend to squeeze back up on air. So whatever ALGO, whatever manipulator, whatever system is out there is looking for these broken stocks that are easy to borrow and squeezing them. So it's kind of always a little bit sketchy. So on a stock like that, all we got to do is just wait for the bounce and short our lines. I posted my charts in the room, I scouted a bunch of times, but on something like that, again, it is a broken stock that is under VWAP that we are looking to short a bounce on. SONN is a broken stock pre-market that is under VWAP that we are looking to short bounces on. So two stocks out of the three stocks moving today were broken and under VWAP. So those two stocks were the ones that I was watching and the ones that I was trading and the ones that I was shorting with a little bit more size. Let's talk about CGIX. If you look at CGIX, it was above VWAP, it was holding trend. At the open, they reclaimed VWAP, sent it up to $10. It double topped and then it started to find its way lower. So for me, why should I even be messing size on CGIX? Yes, I traded it once it was under volume, but if my max size on that setup is 5,000 shares, I am not using more than 500 shares because I am so scared of it. Plus, if I am trading CGIX, it is using my mental bandwidth on a stock that is not ideal when I could be using that same bandwidth on two stocks that are broken. So the point that I am trying to make here guys today is that there is going to be so many stocks moving every single day. There is going to be a lot of noise and a lot of things happening. It is your job to figure out which stocks are weak and which stocks fit your criteria. At MIC, we give you commentary. We tell you which stocks are weak. We tell you which stocks to avoid. I got a DM today from someone and that said, hey man, I see you guys are mostly short bias. I'm a little bit long bias. I don't really know what to do. And I basically told them a couple of things.  If we say that SONN is a short on bounces, you should say to yourself, oh shit, maybe I shouldn't long this broken stock.  So if we are shorting somewhere, that means that that's where you should be selling. If we are covering somewhere, that's where you should be buying. If we are telling you to avoid the short, that's probably a stock that you should be going long as long as it's under VWAP. So today, guys, I walked away with a stress-free day. I had a very solid trading day. I posted my charts for everyone. And now, because I did well on Monday, it sets the tone for the entire week. Now I am confident in my trading. Previously, about six to eight months ago, Mondays used to be my worst performing day. And if you go back through these videos, you can see that I was talking every single Monday, how am I going to improve my process? What am I going to do to get better on Mondays? And it turns out that now Mondays are one of my best performing days. I recognized I had a problem. My problem was that over the weekend, I was so excited to trade. Over the weekend, I was over anxious to trade. So my entries on Monday would be FOMO entries. I would get in too early. I would use too much size. I would screw up now because I'm more self-aware. Because I saw that I had a problem and I tried to fix my problem. Now, I have improved my trading on Mondays. So the point I'm trying to make here, guys, is trading can be as stressful as you let it be. If I am trading, I am looking for the easiest setups of the day and focusing there, rather than trying to nail the hot stock of the day, rather than trying to look for an adrenaline trade, rather than just trying to gamble. I am always looking to trade stocks that I have an edge on. And for me, if a stock is broken pre-market, that gives me an edge. If a stock continues to make new highs pre-market, that tells me to avoid the short side. Oftentimes avoiding a trade, avoiding a stock, is also just as good if not better than winning on a trade. Does that make sense, guys? So do you guys have any questions on what I just mentioned? We'll go through it right now if you guys have any questions. But as you can see, trading can be simple if you let it be. If you let it be simple, it can be simple. If you short the broken stocks, if you are focusing on the broken stocks, you have an edge.  So does all this stuff make sense? This is your chance to ask questions. This is your chance to be involved, right? This is your chance, guys. And again, for everyone just joining right now, I want to let you guys know about our promotion. So we are running a promotion to join MIC for $97 on your first month. It is available to the first 25 people only. And to get access, you text Tosh at<PHONE_NUMBER>. We have some questions coming in. Yes, Pixie was straight from my watch list and Jiva was straight from my watch list. So both of those trades could have paid for your membership for a couple of months right there. Wonderful pro commentary on main trading thread today. Easy to distinguish long some shorts just from that. Exactly, guys. Exactly. Exactly. Exactly. The people in MIC see what we're talking about. They see what we're working with. There's no pumping. There's no dumping. There's no secret accumulation. There's no anything like that. We're teaching you the exact process that Bao and I are using to make money every day. I don't want to jinx it, but I'm doing very well on the year so far. I'm very close to a milestone number. And once I get there, I'm going to recap that too. But it all goes back to the same thing. To make a million dollars a year, you have to make $4,000 a day. Even making $400 a day, $400 a day is $100K on the year, guys. You guys can make $400 a day easily. Take 2,000 shares and make 10 cents, 20 cents. That's it. That's your day. Oftentimes, people lose money in the market because they sit there all day over trading, over trading, over trading. Our process tells us to walk away at 10.30. Our process makes me do these recap videos. My process, this is my game footage, guys. Every day, after the close, what I do is I watch these videos back and I see what I could do to improve. Do you have any questions, guys? Please explain the process very bluntly in a few points. Go to youtube.com slash myinvestingclub in the search bar, write process. And you'll find 55 free videos on the process. It can't be explained in one sentence, one video, one thing. We talk about it every single day. Every single day, we have our routine. We have our process. We go through it in all of our videos, all of our educational stuff covers this. Oftentimes, guys, you guys know this for the people that are watching. Oftentimes, the stock market is a transfer of wealth from the uneducated, from the educated people, excuse me, from the uneducated people to the educated people. If you are uneducated and you don't know what you're doing, if you are just trying to figure it out and wing it or follow someone's alerts or something like that, you are bound to lose.  And for $97, you guys don't wanna learn. It blows my mind. It blows my mind.   It's like $3 a day, man. For $3 a day, I don't get it. It's just cause people are lazy, I guess.  So at the end of the day, the uneducated people, your money is going into the pockets of us because we have a process. We know what to do. It just doesn't make sense to me, guys. It almost blows my mind.  It blows my mind. If you guys don't wanna learn for $3 a day, you guys are never gonna make it. I'm sorry, that's tough truth. It really pisses me off, actually. When you draw your lines on a trade, how often do you trade those lines? So we have, again, videos on this, but the point that I'm trying to make is this. Sometimes on low hanging fruit, sometimes your lines aren't gonna hit, right? Sometimes your lines aren't gonna hit. Now, you could do that one of two ways. Either A, you do not take the trade, right? Either A, you do not take the trade, or B, you can use VWAP as your guide, right? So a lot of people say, what do I do? What do I do? What do I do? VWAP is a signal, or VWAP is an indicator that tells you this. If the stock is above VWAP, the longs are in control. If the stock is under VWAP, the shorts are in control. So let's say a stock is broken, and you have an outer line, and it does not hit that outer line, but the stock is under VWAP, and bouncing, and a failing VWAP. You can use that VWAP indicator as your first entry with small size, and your risk, your exit, can be that reclaim of VWAP. So there's many different ways to trade, guys, and we educate you on these many different ways to trade. James posted a live trading video today. James made $300 and posted a live trading video today. He traded live today, made $300, and an hour later posted it for our members to learn. This is real-time education, guys.  This is real-time, same day, same education. I trade, I come here, I educate. James does a live trade, he posts it on YouTube, we give it to our members. This is real-time education, guys. You are cutting down your learning curve with MIC. If you want to try to figure out trading yourself, good luck. Try to figure it out yourself.  Whereas you could invest in your education, learn from other six and seven figure traders that have been here before, that are consistently here showing you our face. But at the end of the day, it is up to you. I kind of hope that people stay uneducated because the more uneducated people that stay in the market, the more money us educated traders make. It is no coincidence that 2020 is a massive year for everyone, you know why?  It's no coincidence that our members are consistently profitable in just a few months. Those members have put in the work.   You join, you put in the work, you will be rich. You join, you don't put in the work, you will not get anywhere. It is the same thing with everything, guys. Do not listen to what I have to say. Do not judge MIC by my profits, by Val's profits, by anyone's profits. Judge it by the profits that our members are making. We are very proud of our retention rate at MIC. When someone joins the club, they do not leave. We retain 95% of our members, right? That is not the same for anyone else.  Because I'm telling you, if you are too cheap to pay $97, I swear to God, you'll never make it. Ever, ever, ever, you'll never make it. You don't believe me? Try for yourself.  If this is what we're providing free for non-members, imagine what we're doing for our members. It really frustrates me, guys, sometimes. It really frustrates me.  Some questions come in, right? MIC was the best decision I ever made. MIC for life. I upgrade to lifetime after a week of being a monthly member. I mean, it just goes back to the simple thing. It's $97 for one month of education. I know a lot of you guys are losing $97 a day, maybe even more, maybe even more. This deal is for non-members, people that have not joined, and it is only available for the first 25 people.  I really, really just, I don't know, something just triggered in my head. It's just like, I can't believe we're giving this stuff away. We're literally losing money giving this away.  Do you have anyone that MIC that's heavily statistics-based data? Yeah, it's Joe Kelly. Joe Kelly has multiple, multiple videos on data tracking and statistics. How much does college cost? I had to pay $20,000 a year for college. $20,000 a year for college. And you know what I learned? Nada. I didn't learn anything in school.   You make the choice, guys. You make the choice. All right, that's it. I'm gonna wrap it up. So again, first 25 people at Textosh 97 at<PHONE_NUMBER>. We'll get access to MIC for $97 on your first month. So please, if you are curious, if you are on the fence, this is your chance to try it. This is your chance. You have direct access to me, direct access to Bao, our team of 20 moderators, daily mentorship phone calls, 12 webinars a month. It blows my mind how much value we provide, guys. So please, just try it for one month and you will not regret it. I promise you, one month and you will not regret it. You teach you guys small cap strategies, large cap strategies, options strategies, everything. Everything except forex. So please, guys, please dump your previous shitty pump and dump chat room and come check out MIC for a month. Thank you.


My name is Davy. I'm from Cambodia and I'm starting at Flinders University in L.A. Australia. I'm doing a master of disability studies and I'm going to finishing this semester. The best thing about starting at Flinders, I got a lot of support by the lecturers. They are very nice and kind and very supportive. Some of the reasons I came to Australia is it's the inspiration from my brother and I used to have a brother with multiple disability and who died at the age of 16 without any single chance going to school and that's the motivation that pushed me to study in Australia and also I was interested in improving the access to education for children with disability and I decided to take a master of disability studies at Flinders. If people want to apply for the Australia Award and one thing they have to do is to focus on their English first and the second thing is they have to shape and their mind. They have to shape the goal and in contribution to the development of the country in my case