Want to talk a little bit about the economy? We saw the markets take a big hit today Generally markets are down quite a bit this month and quite a bit this year And I want to talk a little bit about that about the effects of inflation about the war about budget deficits and everything else on what is going on from an economic perspective and And What we can expect in terms of primarily inflation because I think that's the most interesting of all of these there isn't you There isn't you what do you call it substack that I am really Finding really fascinating. It's an economist. I think it's an economist. He's an economist. I think he's an economist Brian Kaplan who's who's a Free market economist. He's actually maybe he's a Anyway, I think he's an economist. Anyway, Brian Kaplan has written a lot of excellent books He is one of my favorite economists out there This is a new Substack that he has that I think is excellent on so many issues. I find myself agreeing with him he is Warning he is when push come to shove. He is an anarchist so that is a real problem, but on So many things He's right online and I don't know how much of an anarchist he really is One would have to push and shove to see but But he doesn't have The nihilism this total subjectivism In what I find irrationality that most anarchists seem to have so again I'm a fan. I've subscribed to substack and coach you to it's Brian Kaplan It's the subject is called bet on it Brian be our YAN Kaplan with the CC AP LA and Anyway, Brian earlier this week had a Really good substack on the economy. He called it the economy is very strange these days And I think there's a lot to what he says. I mean, I don't think I don't think it's that Unexpectedly strange. I don't think it's that weird when you take into account everything that he's been going on over the last few decades But if you just look at the stats It looks weird. It looks strange and let's start with the fact So we're gonna go over his right up here and I will comment on some of these observations that he makes Again, I encourage you to subscribe to the substack. Let's start with the fact there was seen the highest inflation that any of us Have seen since the early 1980s late 1970s Many of us were very young back then I of course I lived in Israel in the early 1980s where inflation was over a thousand percent said court was quite impressive And we survived that but in America, we have not seen inflation this high since the early 1980s Inflation now is that around 8.5% and inflation here. I mean 8.0 here, I mean CPI price inflation when a Freeman said Peter Schiff was right. Yeah, Peter Schiff at some point was going to be right Peter Schiff has been calling for inflation for the last 25 years and he's right finally At some point we were gonna have inflation that it was not that's not a big surprise It's it's can you identify when we're gonna have inflation? That's how you make money off of it and That I don't think anybody has been particularly good at So inflation said 8.5 which is a particularly high rate arguably For many people because CPI is the consumer price index Really depends on the basket of goods that you purchase The way they the way they measure inflation is they choose a basket of goods Like things that Americans buy and then they track the price increases of those things that typical Americans buy Some baskets of goods have higher inflation have gone up in price more than other baskets and goods This is part of the problem with using any kind of priced inflation number There are lots of them you'll find that the Fed releases a number of different inflation numbers. There's coinflation There's inflation. There's a variety of other You know There's producer price inflation and there's a variety of different measures of inflation There's inflation the way they used to measure it which would suggest much higher inflation today Other than the way we measure it today, but the fact is that inflation is high by any measure by any measure That you look at it. It's it's at 8.5. If you remember just a few months ago people were talking about transitory The Biden administration many economists were saying no, no, no. This is all a result of supply chains No This is inflation. This is prices going up. It's sustained I've I've said this for a long time now John Cochran has been at the forefront of this John Cochran another economist I like a lot has been at the forefront of this This is inflation in that prices are up and they're staying up and it's not just because of supply chain issues It's not inflation caused by quotes shortages Shortages resulting prices going up indeed as bank Kaplan will explain explains in this piece Based on the shortages prices should be going up even more the fact That you walk into a I walked into CVS in New York City When was it a week ago a week and a half ago and the shelves were literally empty empty That means that the prices of those goods were not high enough That is the fact that you're seeing empty shelves Suggests that companies are not raising prices fast enough that happened during covert that's happening right now Prices should be going up faster in those places where you get shortages The war on energy doesn't cause inflation That's the other thing all prices going up doesn't cause inflation because if the money supply is fixed and one products price goes up Then a demand for that product goes down and at the same time people Shift the substitutes which are cheaper So the mix of things that people buy changes the basket changes so This is part of the problem of this term of inflation because the basket of goods changes people people's purchasing habits change based on price levels and If oil goes up people buy less oil they start driving less They they might look for different substitutes They might do things differently, or they might just allocate a different amount if they're spending more on oil They have less to spend on other things their prices go down Inflation fundamentally is a monetary Phenomenal it is fundamentally a result of having more money in the system without Productivity and the number of goods actually going up what causes inflation is the printing of money What causes inflation is the massive creation of money Without the backing of more goods more production more productivity so The fact that a price goes up like oil might result in a price shock This is this is why it was all talked about supply chain shocks It might cause a price shock, but it should not cause sustained inflation sustained inflation is what happens When the Federal Reserve starts printing money when the federal government starts spending money like there's no tomorrow Which is what we've seen right So the first observation in terms of economics is In terms of the economy is that we have real inflation not Just supply shocks not just shortages, but real inflation But in addition to the inflation, we've got real shortages You cannot get all the stuff that you'd like to get at the market price Now this is cost partially because market prices are not adjusting upwards because I think there's a fear Because of Elizabeth one because of the culture because of the way we we think about prices the way we think about profits There's a fear to raise prices As you might know Elizabeth one is blaming the inflation on corporate greed Because before there was eight and a half percent inflation There was no corporate greed and then suddenly over the last few months There's been a lot of corporate greed so corporations have bumped up prices and that's why We have inflation. I mean, it's so bizarre. It's so silly and nonsensical It's almost not worth commenting on but Elizabeth one keeps repeating it just we've got inflation Some things are just unavailable. You cannot find windows in Puerto Rico Garage doors or heating all drums in some places Brian suggests. There's just things you can't get unemployment at the same time is At it's very close. That's 50 year low Even though we had the largest unemployment spike In 2020 in all of recorded history the sharpest drop in employment And yet unemployment as measured by the government is that a 50 year low right now At the same time, this is all the different things going on at the same time labor force participation Is still way below You know where it's been since Since really the 1970s Way below the maximum rate which was in the early 2000s late 1990s early 2000s and still quite a bit below what it was Before the pandemic So labor force participation has been declining Suddenly declined dramatically During the after the 2008 2009 recession it declined through the Obama presidency kind of stabilized under Trump didn't really rise a lot but stabilized took a huge beating during COVID and it's not recovered since then Labor force participation is the number of adults actually working Whereas unemployment is measured as based on the number of people looking for work So if you're not working But not looking for work You don't count as unemployed, which is kind of bizarre. So labor force participation is still not recovered Prime Age labor force participation Right is Nearly fully recovered Prime Age meaning 40s 50s young people are not participating in the workforce The labor force participation is really low Old people over 65 are not participating in the workforce Their labor participation rate is really low. It's all getting screwed up Sorry that my software here is all over the place. All right So what you get is all the people all the people are Retiring and not coming back to work younger people in their parents basement The only people really who have come back fully to work Adults over 30 over 35 Yeah over this period The amount of money in the economy the amount of money that the federal reserve Producers and pumps out the into the economy has grown dramatically not surprising inflation is up from You know during COVID that the amount of money in the economy is just a money supply M0 who's just gone through the roof, right and The Fed has just pumped out money It started to shrink a little bit the amount of money in the economy started to shrink a little bit But still nothing is compared to what they pumped out. Remember. This is a federal reserve run by a Republican drew on power Nominated to the job by Trump number of Republicans on the Federal Reserve Board voting for this and they have just been flooding flooding the system with money So it's a weird economy on the one hand It looks like the economy is growing and plenty of jobs more jobs than there are people the economy is doing What looks like really really well, it's really really strong job creation is really strong Inflation is really high an employment is really low But a lot of people are not participating in the workforce a lot of young people staying in their parents basement They're not going back to work They lost their job during COVID and they're not going back to work a lot of old people for whatever reason have Decided to retire early or retire earlier than they would have otherwise and not going back to work What's going on here? Well first look This is all a result of the insane growth of government over the last hundred years and The fact that government today has what you would consider unlimited power government today can do anything it wants Government today can print whatever money it's wants can distribute it to whoever who want whoever it wants to distribute it Can bail out whoever it's wants. There's no limit right now Constitutional legal legislative to the power that the government has taken upon itself and As a consequence when a crisis happens Like COVID the response of government has been to dramatically expand its mandate Write checks to everybody spend like there's no tomorrow mandates Government just went through the roof in terms of its growth in terms of its power in terms of its impact on our lives and Well, you know Trump started this with stimulus after stimulus after stimulus He told us to stay home and then they sent us checks to compensate for that and you could argue that maybe You know Trump's stimulus is would have been okay in terms of inflation if they'd stopped there But the fact is that they didn't stop that when Biden came into office He did another 1.9 trillion dollar stimulus now I strongly believe that if Trump had been reelected he would have done the same thing So I don't think there's a difference here. I mean indeed Trump was lobbying For an actual increase if you remember for 1400 per person in the stimulus bill to actually 2000 proposed since the Trump wanted actually to have an even bigger stimulus But they wanted a bigger and bigger and bigger stimulus. So physical policy government spending out of control Massive government overreach, but this is what you get when you give government the kind of power that they have They are going to try to buy votes They're gonna try to make you happy and the easiest way to make you happy is to send you a check at home Now what's interesting is that the American government does this on a grander biggest scale than anybody else So I'll everybody stimulated the economy everybody had massive physical stimulus during covert the US did more of it than anybody else if you look at If you look at inflation one of the ways to see that inflation is not just a supply chain is to look at inflation across the world If inflation was just the supply chain issue was just shortages Then you would expect inflation to be high everywhere because everywhere in the world is experiencing shortages for example Japan is an island is an island that it depends on importing many of its goods suddenly Somebody mentioned oil the oil shock all prices gone through the roof energy prices have gone through the roof It's all energy policy. Well, Japan inputs all its energy You'd expect Japanese inflation to be through the roof right now And yet Japan is experiencing almost no inflation Exactly for the reason I told you before energy prices might be up at other prices are down So overall inflation in Japan is about 1% in the United States. It's 8.5% The reason it's 8.5% in the US and one in Japan is because Japan Has not pumped huge amount of money through physical policy into the economy the way the United States Not just through physical through physical and monetary policy into the economy the way the US did during covert The same is true in Europe. Europe has inflation for the 5% not 8.5 Because their stimulus was significantly lower than ours so inflation is a Monitoring physical phenomena. It's a phenomena of deficits that the market believes cannot be paid and of Monetizing those deficits By the Federal Reserve just printing money the Fed basically printed money Like it was at war It printed money not To fulfill its goal of price stability it printed money to fulfill its goal of appeasing the politicians of Appeasing the political class of sustaining the US economy of bailing everybody out. And as a consequence as you probably know it bailed out Dozens and as we've talked about in the past it bailed out dozens and dozens of companies that should have gone bankrupt during COVID It bailed out many what we call zombie companies And one of the things we're going to see Is as we head into a session the zombie companies that should have gone bust in 2020 are going to go bust in 2023 You have to pay the Piper they have to be consequences to bad managers to going taking on too much debt To doing stupid things business wise The Fed bailed everybody out not too big to fail They bailed everybody out as they raise interest rates as we'll talk about Those businesses are going to collapse those businesses going to go under At the same time at the same time interest rates Because of the way the Fed has behaved because of the way it's bought up debt It's bought up bonds.  I mean Think about the prime rate right now The prime rate now now is five percentage points below inflation. It's You're basically Losing money by lending the money out at prime rates So we have an environment of what in a free market would be an impossibility Something that could never happen Something that would never happen Which is negative interest rates? Interest rates are always supposed to be positive So in the United States they're positive But they see an interest rate should be made up of three components three components Here's a finance one-on-one lesson Interest rates should be composed of three components one inflation right so If I'm lending you ten dollars, I want to make sure that the ten dollars when I get the money back That I am compensated for the fact that over the next year that ten dollars is going to lose its purchasing power So if inflation's eight point five percent over the next year I want at least eight point five percent to compensate me for the loss of purchasing power So one component is inflation the second component is risk I'm not sure you can pay me back So I want to be compensated I want our profit because I'm lending out to a bunch of people some people I'm gonna lose them I'm gonna lose the loan. They're not gonna pay me back So I want to make sure that the people who do pay me back Pay me back a premium to compensate for the risk associated with some people not paying me back and the third is I want to be compensated for what's called the time value of money I want to be compensated for the fact that I cannot use the money today I want to be compensated for the fact that I cannot invest it in other things today I want to be compensated for the fact that I can't go buy ice cream with it today That's called the real interest rate. It's called the time value of money So the real interest rate is typically one two percent Then on top of that You have risk depends on the investment depends on the loan. Let's say it's a government loan We risk is zero the US government will pay back its loans We assume then that's zero and then you have inflation eight and a half percent So one-year interest rates right now should be eight and a half percent plus a real return of one to two percent So that's between nine and a half to ten and a half percent You won't find a US one-year treasury bill selling for ten and a half percent So somebody is buying it for let's say I haven't looked at what it is right now But let's say it's two percent three percent Basically, they're giving up They're losing money when they get the money back in a year. They will be able to buy less with it Now that's upside down economics That's completely insanity and the only way that is possible is because of artificial manipulation by the Federal Reserve So we have negative interest rates have had for years now negative interest rates. We have prices not adjusting We're wages. This is not the problem. We've heard over the last few years that wages are rising But wages are not rising enough to compensate for each one point five percent inflation So real wages in terms of the purchasing power of the dollar real wages over the last year have declined significantly dramatically So people are getting poorer even working people are getting poorer and young people are not going to work. I Don't know parents must be willing to subsidize their kids because of COVID Young people idle not all young people obviously, but enough young people idle now the response to this inflation is Going to be a Federal Reserve that increases interest rates and Start selling all those loans that they've been buying By selling those loans they're gonna drive up interest rates People are gonna buy them, but they're gonna want to pay less and less money for them the less they pay for them the higher their industry and The Fed is also driving them interest rates just by raising the bank lending rates and What you're gonna see is rising rates across the entire rates factor from short-term rates to long-term rates as interest rates rise. Let's say you have a Fire a variable rate mortgage Well as rates on mortgage rise you will have to start paying more and more and more money as your monthly mortgage payment Many of you didn't take out 30 year Loans as I advised you took out variable rates And therefore you're gonna have to pay more and more and more Interest some of you won't be able to afford that Some of you will default on your mortgages businesses That have loans with banks have loans with other financial institutions might have bonds in the marketplace as The rates start going up won't be able to refinance those loans If they if their variable rate loans won't be able to find it won't be able to have the cash to pay Interest payments on they're gonna default on those what happens when companies default on bonds and loans. What do we call that? We call that bankruptcy So companies are going to go bankrupt That's what a recession means The session means companies letting people off Companies cutting costs companies going bankrupt because they cannot usually it's caused by the fact that they cannot pay their debt obligations Now in a normal time You'd have that anyway, but what's gonna exacerbate at this time is the fact that the Federal Reserve has been bailing out all these companies for years now all these zombie companies are In a horrible condition to be able to pay back their debt The only reason they've sustained themselves is because of the Federal Reserve bailing them out buying up their bonds as This gets reversed Not only are the normal some normal companies gonna get into financial trouble But all these zombie companies are gonna get into financial trouble and that's where you get a recession So I think there's a good likelihood that we will get a recession There's a good likelihood that that recession won't happen this year. It'll happen in 2023. I think to that extent the Power Fed is trying to help Biden and the Democrats not get completely swamped In the 2022 midterm elections if a recession happens this year Democrats will be crushed They're gonna get crushed anyway, but with the recession. I'll be completely Crushed so that they're delaying everybody says why isn't the Fed acting fast I think they're not acting faster because they don't want a recession this year because it's an election year So much for the independence of the Federal Reserve, but that's true Republicans Democrats. It doesn't matter. They're always like this. Okay So We're heading towards a recession It's gonna be very hard to avoid We could very well get stagflation where we get both a recession and inflation I Think part of that is mitigated by the fact that Republicans are probably gonna win the House and Senate if they do I think the markets will view that very positively and the reason for that is Republican House Senate Democratic President Usually what you see is Spending as a percent of GDP decline or at least flatten out So the good news is I think I think that reverses itself if you get a Republican in the in the White House But we don't have to worry about that for another three years But at least for this year divided government is good divide government means lower spending That the markets will view as a good thing I think that will suppress inflation expectations And I think the Fed raising interest rates will work It will work to force the market into a recession, but I'll also work to crush inflation Bring it back down. So I expect we're heading towards a period of Inflation recession back to low inflation again all bets are off if Republicans have the House the Senate and the presidency And start spending like there's no tomorrow again Thank you for listening or watching the Iran book show if you'd like to support the show We make it as easy as possible for you to trade with me. You get value from listening. You get value from watching Show your appreciation. You can do that by going to Iran book show comm slash support I go to patreon subscribe star locals and just making a appropriate contribution on any one of those any one of those channels also if you'd like to see the Iran book show grow Please consider Sharing our content and of course subscribe Press that little bell button right down there on YouTube so that you get an announcement when we go live and for you Those of you who already subscribers and those of you who already supporters of the show Thank you. I very much appreciate it


Hi everyone, Sean with jaspyscasebrakes.com here doing 2014 totally certified one box break random team number three where we're giving away two high-end mixer spots. So 32 spots and we get to random team in NFL no vet common ship at the end of the break we'll take all 32 customers names randomize them and top two names each give a spot in the $800 mixer break high-end mixer break here is the list of customers from Michael Picora down to Ryan Harold with last spot mojo and the teams from the Cardinals down to the Washington football team this dice roll and randomizer is going to be for the break itself there'll be separate dice roll separate randomizer at the end of the break to give away those two spots a three to six nine times ninth and final time from Brittany Gibson down to Nicholas wheat and nine times on the teams ninth and final time from the Titans down to the bangles so nine times on the teams nine times on the customers and nine times on the dice we're not going to read through the full list since this is a filler no trade window either let's get it all on screen 2014 rookie highlights what do you got Joe so cooks maybe New York Giants Nicholas wheat their ODB J ODB J ODB J but I go ODB like the old dirty that's my favorite so there's the full list there he might be actually I think you're right is he 13 or do you see there's like a lot of sneaky good good rookies I kind of hop from that year I feel like you might be 13 okay hi boy who can miss that guy Vegas came out with lines for next year yeah chargers are favored favored 11 out of the 17 favorite yeah yeah yeah so like point spread favors but I think Vegas odds over under is like nine and a half so I'm like that's a that's an easy just take on the nine unlike over right I think they're smarter than that there's probably a mathematical reason why they do that I don't know what's your have you looked at Raiders at all no I haven't actually who was a William Hill you sure it was mr. Vegas I'm pretty sure it was mr. Vegas mr. Vegas actually the bookmakers are just William Hill Caesar's owns like fun and then boy game they all take the same lines pretty similar and then they face on the wagers going up to their books back in the day wild west and be like every single book in Vegas was their own thing they're no conglomerate so they would just they would just set lines like one place would be really hot on the chargers and one place would be not in the line to be wildly different but that's all based on the amount of bets are going in on that that place too like if somebody goes in yeah I walked in and I put 50 grand on the chargers to win a game all of a sudden the lines the chargers is gonna jump yeah but it would at some time I mean depends on if you're if you're just a square that line to carry it rookie yeah if you're a square if you're just a 21 out of 25 random off the street they're not going to line for you but if it's like a sharp that puts 50,000 there then that moves away you're saying I'm not a sharp yeah it's squares on the line that is Jeremy Hill rookie auto that is out of 25 for the Cincinnati Bengals Nicholas wheat hey Vegas Dave was a sharp it was a lame at some point he was he got dinged for for opening up accounts with fake money with fake social security numbers like his friends or something like that which is a huge no-no and he's trying to beat the limit he's still I think he's still banned oh rookie auto Scott Crichton because he was for the Vikings like Michael Crichton Crichton for the Vikings Steve Burge but yeah he was he was trying to do that to get around limits so he can put like we don't like Vegas Dave I mean I feel like a lot of people I feel like he's got enough followers just because people want to watch a train wreck you know I mean I still I still want to bet his lines for a year and just see see how bad it is you know I mean oh he still give up pics I think so it's a Watson yeah he just can't bet himself for the Patriots well his stake is that you keep giving him money to tell you what oh he sells pics because he's a towel and Sammy Watkins Relic tout sir you know like for the bills Steve Locke and Tom Brady Tommy Brady Patriot edition Josh Nelson there you go so there is the break nothing crazy there Jeremy Hill rookie auto out of 25 not too bad but let's pop back over here here's a list of customers again from Michael Peacora back down to Ryan Harold and remember it is the top two names after two and a five seven times seventh and final time so there's seven times in the randomizer seven times on the dice top two after seven so from spots three down to 32 thank you guys very much for getting in on the break hopefully I can do better for you on a future filler and Spock you boy but special thank you and congratulations goes to Steve Locke and Nicholas wheat top two there you go guys you just won spots seven times in randomizer seven times in the dice and the top two and that was 2014 totally certified one box break random team number three from jaspyscasebreaks.com I'm Sean jaspyscasebreaks.com thanks for hanging out I'll see you next time


Good morning, cyber traders. Happy Monday, everyone. Good to see you all. Thank you very much. Well, thank you very much. I got everybody. Appreciate that. Thank you very much. Looks like everyone remembered my birthday. You know, it's funny. I'm sorry, I logged in a little bit late, but my phone has been blowing up. Everyone's wishing me a happy birthday.  I got a great staff out there. You know, you know, Josh and John and Alex and Rich and just everyone, Greg and everyone else, John just wishing everybody else a happy birthday. It's so great that guys remember that. Just happy to see you all. I'm glad you guys being part of it. It is a special. So I'm 52. So yeah, 50 was really kind of like crazy, but like you already noticed when you get older, you go to the doctor more.  I don't know. Start worrying about, you know, weight, everything, but it's just great to have a good life and have good family and good friends and everything else. So thank you. And just a great bunch of instructors out there and, you know, great traders in my room. Thank you all and everyone here on YouTube too. Thank you very much to appreciate that. And remember it, that is awesome. Does mean, it really does mean a lot to me. It really does. Well, hopefully you guys can share a nice little birthday gift. We'll make some money today. That would be the best part of it, right? So let's talk about what's moving on going on for today and what's happening. You know, there are a couple of things that are moving this morning. It's a typical Monday, a couple of stocks. You have this ABGR that's moving up a little bit. It's okay. It's nothing crazy. But, you know, there's some good orders that keep popping up. Remember it's all about following the money. I like this one right here. It's going to bring this up really quick and show you what we've got going on. We're getting a really, really, really nice ladder effect here. You probably can see it right there. Beautiful ladder effect is picking up the stock. So we're going to keep a close eye on that. But let's cover what we talked about yesterday. I mean, last week, for some of you that here, I know we have a lot of new members in here that are joining us for the first day. We had, oh my God, I probably had over a thousand people last week attended an event. And we had just a very, very great response of people that are here joining the trading room. And once again, if you are on, you know, if you're watching YouTube, you can always join us. I'll put that little QR code up there in the top left hand corner. You can always register and make sure you always like us and friend us too. But yeah, it was, you know, we got a lot of members here. So once again, you're probably here for one reason, one reason only. You start to find out, what is level three? What is level four? What is about following the money? And you understand that last week, we had some really, really, really good big block orders, iceberg orders. And it's all about that because I guess what you're doing is not working, you know? And, or you know, there's something that'll read the future, but no one really came into it. So you followed us and just glad you'd be part of it. So let's go and talk about some of those things. But let's talk about what we traded last week and what did have some nice moves. There were a lot of the ETFs didn't move in the last week. The UVXY had a really, really good push. The market overall, just give you a little heads up on it. Just looking here at the Dow right here, hasn't gone anything anywhere. Since September, it's been hovering from like 35,000 to 34,500, really hasn't gone anywhere. It's like kryptonite here at 35,000. But there were a couple of stocks like the ETFs that moved. You had FFIL that moved pretty well on Friday. You can see right here, nice little push right here. Right at the gate, went from 470 up to about 570. Nice dollar move. You know, even if you came a little bit late, it did make some decent moves. ANC had a really good move, had some nasty shakes, that one did okay. You know, a couple of those things that did move a lot. The pot stocks obviously did really well. Kava, C-A-R-A moved up pretty decently. A lot of cheap ones. But you know what, to be honest with you? Wasn't the greatest week. It really, really wasn't. You know, it's kind of shocking. I thought that like August was going to be like, you know, the summertime. So August has been right now, have been like probably the best week so far. So August has been a lot of fun. September so far has been going a little bit on the slower side. Especially Friday was a big holiday here.  You know, it took me two hours to get 13 miles, you know, going from Brooklyn to Long Island. And you know, yes, it was Rosh Hashanah.  But being a very big Jewish community in New York, you know, obviously everybody was, you know, that's a lot of the traffic. But the thing is when the market closes like that, we didn't get that much action. And it was like going on all week. Listen, so next week is onsite. Okay, so we're going to be doing a big event tomorrow. I think a lot of you guys are registered for it to know more about it. We're going to be doing the webcast for it. So we're going to talk about, we're going to have this little workshop we're going to do. If you haven't registered yet, make sure you do. We're going to cover a little bit of that. But I'm really excited about next week. I'm really excited to see a lot of you new faces coming next week for the onsite, looking forward to our great little dinner and everything else and get to mingle with the staff and stuff like that. But overall, let's get ready that that's next week. Let's talk about this week. So, so far these past, past couple of days, I didn't, the list hasn't been as great as I would like it to be. But let's see what's going on. I mean, it's Monday. There's always new stuff out there. You know, we had a lot of these stocks. Pot stocks did really well.  I mean, I think that was the only things that, that only industry that worked out pretty well, which by the way, you know, listen, if you're a fan of pot, you're not a fan of pot. I always tell everyone, we don't make money on, we make money on policy, not on politics and always remember that. So if you're like, you know, if you're against it for it, doesn't matter as traders, we gotta go where the money is. Now let's talk about what is moving this morning and what have we got going on? So we got the, we got the AVGR. All right, so that is on our list, AVGR. Now, looking at it right now, the stock was at 15, took a really, really big hit.  I'm not really, I mean, you can see right here, it did test it right there, you know, from the orders that came in around 830, but I like these big block orders out here. There's a lot of orders that's showing up here. Stocks got great volume, a million shares, tier size a little bit small right now. What we're looking at, I'd probably give it probably a category three as of now, the way it's trading, but we'll see how it trades when the market opens up. So that one's not bad. SQL, 600,000 shares. You got a couple orders here, 1400,000, not really that much volume. So don't let the, you know, you can see even here on level two, 100 share tier sizes, only thing level two is probably good for. You know, I'll put it on the B list. Listen, we had a stock last week. I can't remember the top of my head, this symbol, but remember, sometimes we find these stocks on the B list and the A list become the dead list and the B list becomes the hot list. So we're always going to put them on the list and keep an eye on it, because sometimes these traders hold orders back until the market opens up and then they'll make a move. HUG, H-U-G, the stock's been moving pretty lightly. You can see here from yesterday, last Friday, little bit of a move, it's got some decent buying, 9%. I mean, oh my God, we're already at number six. It's the biggest percentage gain or is that 8%? This should be like 30, 40%. Just kind of show you things are slowing down here on the, in the market. Let's go see if there's any good stocks are moving on the most active. So Mara is moving. I know you guys have been looking at Mara. Mara is doing pretty well, M-A-R-A. Now, we talked about Mara last week. So Mara was at a major, major, major, major support level. You can see it took a big hit from 20 down 50%. You can see right here back in May, it was hovering there yesterday, all Friday. So this is how you learn how to become a swing trader. You understand what happens over the course of the day. If I know what's happening over the course of the day, it rolls into a swing. So you got Mara, you got Riot, they all trade together. Those are all the blockchain stocks. You got Coin, Coin, you know, kind of test over here to 70, it's at 83.   Losers-wise, CGC, these are all the pot stocks that are moving. They look obviously showing up on the losers list. New York Stock Exchange, not a lot there. Look, it's the biggest New York Stock Exchange is up 7%. That's just horrible. Joby took a big hit on Friday, not really that great, but she's number four on the list. Nothing really there, nothing really there. Nouveau, oh my God. So Nouveau, I don't know what happened with Nouveau, but I own Nouveau as a swing trade. A lot of us own it right here, around 160. I did average up over here. Shoot, I'm probably, I'm up a little bit. I'm up a little bit, I gotta keep a close eye on it. They made an announcement, they're doing a stock split. Usually that's a good thing when you do a stock split. They wanna bring the cost down so more people could buy it. But I don't know why the stock would be down. Usually when they do a stock split, the stock usually runs up. I don't know if that really, the news is on it, but you know what? I gotta keep a close eye on Nouveau, all right? So anyway, hope that's not a really good birthday present. So I don't know why that thing, that's not, I'm not too happy about that. I'm gonna spoil my day. All right, so I mean, anything on missing cyber traders that I did not pull out, anything else out there? You could see we posted the watch list before. I mean, stocks and I mean, these are the ones we looked at earlier, but they're not really moving that much. What do we have on the list? We had SOXS. I mean, these are all ETFs. So you can trade the ETFs. The only problem with the ETFs on level four, it's very hard to see iceberg orders. What was the other one that we had up there? The RDHL, is that still moving? No, RDHL. Yeah, it's flat, penny stock, you know. So maybe we'll put this on the B list. All right, so that pretty much does it. The scary for the market opened up. It's typical Monday. It's raining here in New York. I think it's gonna be kind of so far. Other than some of the crypto stocks, it looks like a slow morning. As in pre-market, it doesn't mean nothing's gonna move when the market opens up. So we'll see how things work out when things happen. All right, so once again, if you're new here to Cybertrain University, once again, make sure you talk to education advisor, make sure you do those videos that we gave you, how to use level two, level three. I know a lot of you have been emailing me how to get book viewer. I'll be answering my emails back today. So you will get those, where to get those links and how to go to the exchange and get it. But before you do that, just make sure you watch those videos we gave you so you know how to set the platform. And then for everybody else, you know, we'll be able to take care from there. Yes, I will be on book mat today at one o'clock. That's right. I will be on there today. All right guys, good luck today. Happy trading, be safe. And once again, we'll see you back here at 2.30 and we'll start commentary with the market. It opens up at 9.30. Everyone else on YouTube, we'll see you back here at 2.30. Thanks everyone. Have a great day.


Hey guys, I just wanted to hop on really quick and just start this video out by a little introduction to what you're going to see today. It's a little bit different video than what I generally put out on my channel. So if you're new, welcome. This is again, a little bit different. I'm normally all about WW, but I get a lot of requests for day in the life. I wanna see what you do. I wanna see your husband. I just wanna see things. So I wanted to share with you a little bit about our trip to Leavenworth, Washington for our wedding anniversary and our birthdays. A amazing foot massager that I found, which is absolutely stellar. And then I wanted to give you the long-awaited tour of my office. So I just have some fun things that I wanted to share with you and I thought I would throw it all in together for a vlog. So I hope you enjoy. I am so excited to share this with you guys. This is another product that E-Tech City sent over for me to try and review here on my channel. I can't tell you how excited I was for this smart Chiatsu foot massager. It is Bluetooth controlled. It is controlled by an app. As you know, I have quite a few E-Tech City products. I really like them. I have their digital food scale, their smart weight scale, their seat cushion for posture and back pain. And now I have this foot massager. And you guys know I do Jazzercise and my feet get sore with Jazzercise. So I'm gonna break into this box and I'm gonna show you what this looks like and I'll kind of show you guys how this works. So here is what the foot massager looks like. So your feet go into these pockets here and then you can adjust the time. You can add heat, change the mode, the intensity. And you can operate everything for this foot massager directly from the app. So I'm gonna get this plugged in and kind of show you guys how it works and how you can adjust all of the settings. All right guys, I've got my feet in. You can see my feet go all the way into the massager. I'm telling you right now, this thing is amazing. So here is where you will adjust the time so you can add or deduct time. You can turn on the heat, turn off the heat. Here's your intensity level. I have it on the highest intensity level and it literally like squishes around your feet and rubs the bottom with these balls. Oh, so good. And then you can also change the mode for different types of massage and then that is your on and off switch. You guys, this thing is stellar.  Could you imagine after a long day of being on your feet and just putting your feet in here and getting a nice massage? Oh, I'm so excited. I love this thing. Highly, highly recommend. Let me show you guys too kind of what the app looks like because you can operate this directly from their app. Before I show you guys the app, I'm thoroughly enjoying my foot massage here. I wanna tell you a little bit about this. So the benefits of this foot massager is it relieves foot pain, promotes sound sleep, helps in relaxation, reduces depression, improves your blood circulation, and it can help alleviate edema. So there are a lot of benefits for this. It has three different massage modes. So one, two and three and timers are 15, 20 and 25 minutes.  So all you do is detach the sleeve and throw it in your washer and that way when it starts to get kind of icky from your feet being in there, you can just throw them in your washer, keeps it hygienic and clean, definitely helps with pain relief. It feels like those massage chairs at the pedicure place, but for your feet. It is, seriously you guys, so awesome. So it runs about $100 on Amazon. I am gonna have it linked down in the description box. Free shipping. So let me show you really quick the app. This also comes with a two year warranty and it does fit up to size 12 in men's. So I don't even wanna move. So let me show you guys the app really quick. So here's the app for the foot massager.  So you can see here I can change the mode, the intensity, I can add the heat and I can favorite this app as well. And then it even has a countdown of the time and tells you what current intensity you are at. So pretty awesome. I use this app a lot for my weight scale because it tracks your weight and everything directly on the app. Very, very cool. And lastly, I want to show you guys how you can remove the inserts to wash them. So here are the inserts. So you can see here that there is a zipper.  So definitely check this out you guys. It is linked down in the description box below. It's a dream for sure. I lose my breath whenever I see you. So here's our hotel for the night. We love this hotel. We stay here every time that we come to Leavenworth. It's very lodgy inside. So we love it. And it is literally right across the street from the main part of town. So literally right here to all the fun and the shopping and all the lights. So fun. So here is the room that we have. It is very nice. It has a little wet bar area and here is the main living space. So of course it's all lodge decor. So we love that about this place. Very rustic. So that is our room. And the best part about this room is the view. You can see right into the entire town of Leavenworth. So I will definitely show you guys at night what it looks like because it is so pretty. Let's go outside. The snow is falling down in every child. It's having so much fun. The snowman is twice the size as me. With a smile as quirky as mine. We're holding hands to keep each other warm while we stand and watch a choir performing all the Christmas songs that we love. And in a while we're gonna go inside and drink our chocolate by the fire. Cause all I want is to spend this day with you. Let me give you a Christmas moment where I'm making plans for what we're gonna do. I feel so blessed that I can be with you. Cause God knows that I've been longing for you. I just wanna hold you close. You know the stars are shining just for you. Let's take a walk and we can follow the moon. Until we reach a place we can stand inside and drink our chocolate. Cause all I want is to spend this day with you. Let me give you a Christmas moment where I'm making plans for what we're gonna do. Cause all I want is to spend this day with you. Let me give you a Christmas moment where I'm making plans for what we're gonna do. Cause all I want is to spend this day with you. Let me give you a Christmas moment where I'm making plans for what we're gonna do. So this is the view out of our hotel room at night. So you saw it during the day and this is it at night. So it's super pretty. We're literally right across the street from the main part of town. I lose my breath whenever I see you. Is it that you do about the other? You said my love, you just wanna... Alright, so here is my office. All the exercise equipment is out, obviously. But this is basically what the empty office looks like. There are a few decorations on the wall. There was a TV there. You'll see when it's all finished, but there's the window. This is just a few of the decoration things that I've purchased. There's a closet, which is great for storage and around. So that's it guys. So take note cause this is the old office and let's take a peek at the new office. So I wanna show you guys my new office.  A little clip of video and what it looks like now. And then we'll really take a close look at everything for decor. So keep in mind that this used to be an exercise room. It had a treadmill, weights, kettlebells, just a TV on the wall, just a legit workout room. I have created it into a comfortable, beautiful space to not only film videos but do real estate. It is farmhouse. It is so my style and I'm so incredibly excited to show it to you. So all of these pumpkin Thanksgiving fall decor will be swapped out for Christmas and any of the major holidays. And then I will go through and put some just traditional decor in this space once the holidays are over. So anything that you see that is your traditional decor will stay. Anything that is fall Thanksgiving related will be swapped out for regular decor once the holidays are over. So this here is my favorite piece that I found because at the beginning of all of my videos I always say hi friends. So I was so excited to find this. It is on this shelf for the sole purpose of always being in the background of my YouTube videos. I love my desk. It is this kind of rustic gray and brown everything I'd ever want in a desk. It is L shaped. I love it. So this table was handmade by a girl locally. I had purchased this shelf over here from her and I loved how it looked in here. It really just emulated that rustic vibe. So when I was looking for a table to fit in this space I thought of her and I reached out and she custom made me this table. So it is the same color scheme as my little shelf. So it's just that gray rustic wood legs with that nice brown top. It looks awesome with my desk as well. So she has become a good friend and if you are looking for someone local to Spokane to make you some great furniture I can definitely pass her information on to you.


everyone and welcome. This is Melissa Arma with the Stock Swoosh and I'm doing a live free webinar on how to trade in the side of institutional money. It is Monday at 430 August 16th. If you're interested in learning more about that and how to sign up, go to my website, www.thestockswoosh.com. There's a link at the top that says live webinars. You sign in there and you will get the link to be there live. And again, it is free. So one of the reasons I'm going to talk about institutional money is we're in a period right now where again, you have stocks, some are falling, some are rallying. For example today, today you have the spy, which is ENTF for the S&P make brand new all-time highs. Yet it didn't really go anywhere. It kind of was flat.  And you say, well, wait a minute, where is the side of the institutional money? Is it getting coming in with buying? Is it coming in with selling? This is what it's really important to read. And how do I do it? I do it based on the gap. I look at the gap and I rate the gap. Institutional money is very powerful in the market and in stocks. It's what moves stocks up or down. It creates momentum for you to be able to play on as one individual trader. That's why it's really important to read it. You are not going to make money if you're following retail traders. You're going to make money if you're following to big money. It's called institutional money or what I call power money. Power money moves stocks. Power money moves the market. You must be with it and you must learn how to read it. And if you can, it makes it a lot easier to take trades and make money, particularly in a fast moves and again, big momentum moves. Because when you're taking trades as a trader, you're taking a couple hundred shares or a couple thousand shares, you're not putting on a million dollar position usually.  You want to be a blip. You want to let the big money carry you and ride up or down in your positions again, whether long or short. And for those of you that don't know how to short, you can short as a retail trader and that's something that I teach people as well. If you'd like more information on how to sign up, like I said, email me at Melissa at thestockswitch.com. The live webinar on institutional money is 430 August 16th. Have a great day, everyone.


Okay everybody we're back, this is Dave Vellante with Jeff Kelley, this is Silicon Angles theCUBE, where we go out to the events, we extract the signal from the noise. We're in a very tight timeframe here, the keynotes ran over, Dan Jewett is here, the reason why the keynotes ran over, because there was so much applause every time that Tableau announced a new feature, the audience would stand up, kind of interrupt the conference. I had the applause meter on Dan, I would say that calendar control got a slightly, you know, bigger applause than copying and pasting dashboards between workbooks, but I don't know, what do you think? Yeah, well it's funny that the audience reacts really emotionally to a lot of the things that we're adding to the product. I think that's a good testament to what we're trying to focus on and make their lives better and their lives easier. So the two items that you talked about are really productivity improvements for the author, for the analyst who's working on their content. The applause meter might have gotten switched off a little bit early, right at the end of the release, or at the end of the keynote, we announced the Macintosh version that we're working on. Right, we're excited about that here at Silicon Angle Wikibon. Yeah, the reception there, as we expected, was through the roof. People are very excited about bringing Tabla out to the additional devices. All right, well congratulations on that. Great conference, congratulations on the Blockbuster IPO.  You talked in the sessions about 8.1 and 8.2 this year. Correct. 9.0 coming out. Give us the high level overview, I know we only have about five minutes. Yeah, great, so the Roadmap, one of the things we're trying to do is keep the cadence really, really high. Keep the drumbeat moving and get lots of releases and give lots of opportunities to get the new capabilities out to our customers. So we're working on 8.1, which is a release for us that'll be targeted for Q4. 8.2 is a release, that's where the Macintosh will be along with some of the other storytelling features that we talked about today. That'll be wrapped around the corner of the new year in Q1, and we plan on just keeping the cadence going. Now that we've got another product in the mix called Tableau Online, which is our cloud-based analytics product, it gets very important to keep feeding that monster and keep new capabilities always available there. Some of the highlights we had in version 8.1 here was really a lot of things around personal productivity, things around helping the individual analysts do deeper analytics. We've got Box and Whisker charts, we've added some more capabilities around our forecasting, predictive bands, all good things to help the analysts be able to drive those stories out of their data. Yeah, for you guys, the center of the universe is what you call the Viz, and it's the storytelling around the Viz and the features that you've introduced really help explode that story to the user base. And so my question to you is, how do you determine where to focus? You've got a lot of things in your plate, a lot of priorities going on, you're now a public company, how do you prioritize? Yeah, well, you spend a lot of time at events like this talking to your customers. We've got a great customer base, they are very happy to tell us what they think and what they like, and we hit a few good strokes today with the applause meter that seems like we've done the right things. It's fundamentally, you look at what customers are asking you to do, trying to find out what the things to do to help them move forward. You mentioned the storytelling aspect. For us, that's a really important thing. The analytics doesn't happen in a silo. You're always either selling some ideas you have from working with your data or you're telling stories and explanations around what happened with the data, so to be able to focus and highlight on that and extend those capabilities is really important for us. And keep in mind, the storytelling's not always a verbal medium, a lot of times you read it and you need guided analytics to help the reader work through that process. And that's the angle we're taking on it. I wonder if you could comment on something. One of the things I didn't see, it may be there, I just didn't see it. I had to leave a little early to get back here. Is the hard problem of text analytics, all that unstructured data, is that something that you guys got your best people working on and what can you share with us about that? Yeah, we do. We don't have any particular announcements around text analytics ourselves today. It's obviously a topic that's very interesting to us. For us, we talk often about our mission is to help people see and understand data.  For us, all data's important. The world for us today around the text analytics side of things really centers around a lot of our partners. So we've done a lot of great things. If you happen to be in DC today, you can come see a lot of our great partners at our Exmo Hall, but if not, we've announced some new relationships with Informatica and Syncsort and we've got great existing partners like Ativio and MarkLogic who are all in the mix and they all help with the text analytics part of the story. Dan, I wonder if you could talk a little bit about some of the features around the enterprise grade features around security, scalability, things like that. Obviously, since you've gone public, Wall Street is looking for some significant growth from you guys. I think you've up to about 13,000, 14,000 customers, but that clearly leaves quite a few more. There's a huge opportunity for you, but I think a lot of that is going to depend on your ability to really provide those enterprise grade features. Can you talk a little bit about your approach to that side of the product? Yeah, great. So the enterprise scaling up to larger deployments and enterprise accounts is obviously a very important thing for us. We've already had pretty good traction on that front and we have some great successes there. In this release, we've talked about a couple of things around kind of the initiative security and authentication. So we've done some things to help wire up and connect to SAML providers for single sign-on, which is obviously a real important topic for enterprise organizations. They don't want to have too many of those pesky passwords and usernames that they're managing around the solution. We've added capabilities around supporting, wiring into bigger infrastructures around the initiative of external load balancers. So you can scale the tableau system even higher. We've now made the whole stack end-to-end 64-bit, so we get the benefit of enhanced memory addressing that helps scalability at the server side. We didn't talk about it in the keynote today, but we're adding support for IPv6. We know a lot of the government accounts that we work with, they're very interested in moving to IPv6 networks. So all of those big ticket items and those big important things from a infrastructure side, we continue to put energy on and we continue to knock down and help expand in those deployments. All right, Dan, I know you got to go. We appreciate you doing the drive by here. It's great to meet you. Yeah, absolutely. Thank you very much. All right, everybody, keep it right there. Bruce Boston is up next from Apple and we're going to talk about how they're using Tableau. So keep it right there, we're right back. This is theCUBE, we're live from the Tableau Customer Conference. See you in a minute. All right.


Everyone Sam here with latent sports cards doing 2021 Panini select football each to hybrid five box break number 10 random teams Here is the results of the random again As always if you ever need to see these results there is a link in chat as well as the results tab on the website All right, let's do it see some hybrid see some good color come out of hybrid here is disco Antonio Gates Etn Jerry Judy Smith Marsette Rashad Bateman club level rookie got Caleb Farley on the club level disco Derek Gore and silver Trey Nixon rookie Travis ETN got red Trey Paul Amalu on the Concourse 20 out of 49 Steelers there you go Pittsburgh Jim Kelly Justin Jefferson Silver last pack of box one TJ Hawkinson got Elijah Moore on the blue that is 8 out of 25 Jersey number there you go Jets that is Leon are with the Jets Congrats Leon nice hit another Elijah Moore Good luck everyone. We got a gold Come on, baby big gold big gold here. It's not a rookie, but it's Kenny Galladay for the Giants That is 5 out of 10. There you go at New York He's got the Giants that is Eric R. Congrats Eric Eric doing well today Davis Mills Texans Yeah, Jets over Browns. It's pretty solid pick actually Davis Mills J Jettos Mack Jones club level rookie Najee Harris disco rookie silver Brandon cooks silver Justin Fields The trials in the Jets and not wrong he kind of grants in Najee Harris on the disco rookie Eli Mitchell silver Adrian Peterson Tony Deandre Hopkins club level silver Justin Fields and Alan Robinson Really does honestly like you're only as good as your quarterback can take as good as your quarterback and get you Obviously, there's like exceptions here and there like Like there's been a few recently, but I mean look at who's in the Super Bowl every step Revan Jordan does Fitzpatrick club level Rashad Bateman rookie Tyrell Williams. Oh, yeah, we're top-level shot After this last couple weeks Herbie Romo red Tyson Williams got red D. Ami Brown club level color match 35 out of 49 There you go Nunsio P Schwartz and silver Miles Sanders Bateman, yeah, I don't know. He had him I was gonna say I was gonna think you had him in ours Kylan Granson red 35 out of 49 for the Colts. Hi, Johnson. There's a Mack rookie on the back. I'm waiting a loose. Let's see That's the bangles can do and before they face the Rams. That is so awesome, dude translator Jalen camp Disco Joe Mixon Nico Collins silver So I have two stats for everybody because I am the biggest Joe Burrow hater in the world because I'm a Ravens fan Only 11% of teams that start Owen to make the playoffs one and number two There's like no quarterback in the last 40 years has made it to a Super Bowl after losing their first something like that Vaughn said something like that Jalen Darden Kylan Hill got Ian book on the disco Jalen waddle rookie Davis Mills Yes, dolphins are gonna be good. I hope you destroy the bangles.  Ron Dillmore Tyler Wallace got another Ian book on the disco silver Tyrell Williams silver Dak on the club level Gotta hope they just absolutely Bangles. Oh me too. Only two quarterbacks since the 70s. Thank you. Thank you Vaughn There's an Amonra St. Brown Zach Hertz club level disco Kirk and DJ shark So that's so Vaughn reset it So it's only two quarterbacks since the 70s Jim Telly and John L. Way have made it to Super Bowl after losing their first Traylance rookie like that kind of stat for my dislike of Joe Burrow Kyle Pitts there you go on the blue 10 out of 25 Congrats Falcons Jacob Harris Jerome Bettis. Yeah, that's fair But I mean they're bad linemen again. He looked first of all, he looked horrible these last couple of weeks He is not at all impressed me He has looked absolutely Like he looked he was argued he was like borderline on playable on week one and then he was nothing special last week I mean you lost to a team that Doesn't have a fantastic defense Trevor Lawrence aside from like oh Trevor Lawrence on the disco Kylin Wallace Brett Favre Team that outside of Micah Parsons Trevon digs is not that good Trace sermon Daniel Jones terrace Marshall Jr. Pat Fryer muth Patrick Mahomes. I Mean you like I don't blame that on the bank on I don't really like I don't want to hear that excuse because they went out and signed like three guys They went out and completely like reshuffled that offensive line, and it's still terrible like I'm sorry. That's too bad Like sign better players Josh Palmer tutu Atwell on the club level James Robinson Kenan Wang will Jalen camp Rashad Bateman rookie Jared golf Caleb Farley that is 33 out of 49 Bo Jackson that'll do it No, nothing really to recap here. No autos, but thank you guys again, and next up. We've got ten bucks Tuesday So stay tuned or sit tight