Happy Passover everyone. Tonight at sundown, Jewish communities in Canada and around the world will celebrate the start of Passover. This is a time to recognize the power of hope and the strength and perseverance of the Jewish people. The Park Greaves commemorates the liberation of the Israelites from slavery in ancient Egypt. It also reminds us that we all must stand against the anti-Semitism, hate and discrimination. Now I know this night is definitely not going to be like all other nights. Your gatherings around the Seder table to read the Haggadah might be smaller. You might be singing the four questions or hiding the Fikaman via videoconference. But I know the spirit of celebration, perseverance, love and renewal will be as strong as ever. As we all deal with the impacts of the COVID-19 pandemic, it's important that we continue to listen to our health professionals. That means washing your hands and staying at home. And if you have to go out for critical things like groceries or medications, try to make that trip only once a week. And remember to keep a safe distance of at least two meters from others. I know this will be hard, especially in times of celebration, but we need to continue this practice to protect our families and loved ones. I really wish I could be at a Seder again this year, but please know that my thoughts are with you. Même si on se distancient physiquement, ça doit pas nous empêcher de célébrer la part juive. Aujourd'hui, on souligne également les nombreuses contributions importantes que les Canadiens de Confessions juives apportent à chaque jour à notre pays. On behalf of our family, Sophie and I wish you health, joy, and happiness. Stay safe. Chag Pesach Sameach.


So this is the last lecture of this course. So thank you for being with me up to now. Let me make a quick recap of what we said yesterday for getting these C3 beta estimates. OK, so here I have this regular grid, the composition of a cube, of the cross section of a cylinder where I have small excess. So say this was, for instance, a cube L. And what I'm going to do on top of this cube L, there is a very large ball over here, but large with a radius which is comparable to this side length. So I look it up. This ball is actually centered on the point PL. The point PL is in the graph of my, so it's contained in my area minimizing graph. Then I choose a plane which is optimizing the excess, so this is displaced by L. I look at the graph in a tilted cylinder. In the tilted cylinder, I take the approximation, so the Lipschitz approximation, FL. OK, and then from the Lipschitz approximation, I produce what I call the tilt interpolation by smoothing the approximation at scale L of L, where L of L is actually the side length of the cube. And then after I've done that, so here I have a function. So this will be the graph of ZL. And then I read actually the graph of ZL, again, down here, so as the graph of a function GL in my original system of coordinates for, so with the domain of GL lying on the flat horizontal plane by 0. And we then constructed our approximation with the partition of unity and gluing all these GLs. And then we claimed two key estimates. So one key estimate was that each of these pieces GL has a uniform C3 beta estimates. And then there were estimates for nearby cubes, so that actually when we are computing the derivatives of glues, I think these estimates are killing the singularities which are coming from the bump functions which are used in the partition of unity. So I'm not going to show you the second estimate. I don't think I will have time, but I will focus on getting a C3 estimate for this GL. Actually along the way, you will see at least intuitively why you should be able also to get the correct estimates for the difference between the functions into nearby cubes. So the proof of the C3 estimate will actually give you an idea of what is happening for nearby cubes. So I would point out at the exact place where this is happening. So from now on, therefore, the focus is going to be the following proposition. I can actually control the C2 beta norm of the derivative of gl with a constant times the excess to the power 1 half. So the excess I started with. OK, and one first observation is that, so one first remark, is that actually since we already know that the tilting between this plane and the horizontal plane is proportional to the excess to the power 1 half. It's not too difficult, and I believe it was given by Luca, my teaching assistant, as an exercise, maybe the second day. So it's not too difficult to see that, in fact, it's sufficient to give a C3 beta estimate for this ZL in the tilted system of coordinates. And then when you actually reread your function in the new system of coordinates, you will get a uniform estimate for that parameterization as well. So of course, it's obvious that if I have a small Lipschitz constant, a small angle between two planes, and I have a C3 graph in the new system of coordinates, I'm going to have a C3 graph. So the important point is whether you really get an estimate of this kind from the fact that the tilting has the same control. It's not too difficult somehow. It's essentially an exercise which uses the implicit function theorem on how you reparameterize the graph in the original coordinates. So therefore, from now on, the focus is get a uniform C3 beta estimate for this piece ZL. So and this is going to be the basic strategy. So the basic strategy is going to be the following. So I fix a cube L, and I start looking at each. So this is a cube L at a certain, say, fineness of the grid. So let's say L of L is the size of the initial cube, which is sigma, or maybe 2 sigma. So this is 2 sigma. So this is going to be 2 to the minus k times 2 sigma. And if I consider the grid at one step before with fineness 2 to the k minus 1, there is a cube which is containing my cube L. I mean, I don't see color chalks. If I had color chalks, I would kind of make this cube red for instance. So now I consider therefore what I will call the ancestry of L. So L is going to be some cube Lk, which is contained in some cube Lk minus 1, which is contained in some cube Lk minus 2, and so on, until I get to some cube L and 0. I mean, each of these cubes, they belong to the grid of fineness corresponding to minus the number that you see over here. So Lj is a member of Cj, and Cj was the grid with fineness 2 to the minus j times 2 sigma. And if you remember, N0 is the first time. I mean, it's kind of the biggest grid that we have in the construction from yesterday. OK, good. Now, so one first remark is that, so of course, let me fix the notation that we call pi, the reference plane for pi L, which is pi Lk. I mean, of course, pi Lk is certainly different from pi Lj for every j less than k. However, since I have this decay of the excess, the relative tilt between pi Lj and pi Lk is actually comparable. So pi Lj minus pi Lk, OK, this tilt is actually comparable to L of Lj, the largest cube, to the power 1 minus delta. And then here there is E to the 1 half in front. Well, I mean, not necessarily, but the planes are the planes optimizing the excess at that ball. I mean, you must be unusually lucky to have the same plane, right? So I don't know it a priori, but I would expect it's going to be different, right? So the plane is kind of the average of the derivative of u at that scale. Of course, at a smaller scale, the average of the derivative of u is going to be something else, OK? So one way to prove this estimate is either to compare the plane of one guy with the plane of his father, knowing that the excess is small. Another way to understand this estimate is that since you are C1, 1 minus delta, right? So this is the tilt that you can expect between the scale Lj and the scale Lk, right? OK, so this is just to say that pi Lk, so pi, is a good plane even at larger scales. What it means, it's a good plane. It means that since the tilt is this e to the 1 half L of Lj to the power 1 minus delta, OK? The estimate that we have on the excess relative to this plane pi is essentially the same estimate that you have that for the plane pi Lj, OK? So in particular, so the excess of, say, the graph of u in the cylinder, which is going to be of the same size as the cylinder that we used to construct the functions at Lj, but it's going to be actually tilted with respect to this new plane pi. So here I will have some constant and then square root of m, m0, and then I will have L Lj. And here that will be the point P Lj and the plane pi. So this excess is going to have exactly the same estimate that we had for the excess relative to the plane pi Lj. So E L of Lj to the power 2, so m plus 2 minus 2 delta, OK? So now what is the idea? The idea is that I will carry on my approximation and smoothing procedure on my cube on the cylinder of the cube where I'm interested, on the cylinder of the father, on the cylinder of the grandfather, and so on. So I have this family of nested cubes, sorry, of nested cylinders, and they are all with respect to the same system of coordinates. So here is my initial cylinder. So this is the reference pi, right? So this is the cylinder relative to the cube Lk, OK? So this will be contained in some other cylinder, OK? So this is the cylinder relative to the cube Lk minus 1, and then eventually in another cylinder, and so on. Lk minus 2, and so on, OK? And then in each cylinder, I carry on my procedure. So in each cylinder, I take a function f, which I will call fj. This is the Lipschitz approximation. So in each cylinder, I define fj. So this will be like the cylinder Cj.  So in each Cj, I apply the approximation theorem and define the function fj. And then I smooth this function at the scale of the cylinder. And then I define zj equal to fj smoothed with phi L of Lj, OK? And now the game that I want to do is I want to compare the difference in C2, C3 norm, and so on between two nearby functions, OK? So the idea now is that I want to estimate, so the goal is to estimate zj, so a certain derivative, dk of zj, maybe k is not a good name, dL of zj minus zj minus 1 in C0. And what I claim is actually that this here has the following estimate. It's estimated by a constant E. And then there is L of Lj minus 1, so the largest of the two cubes. And this is going to be to the power 3 plus beta minus L, OK? And now you see that as long as L is between 0 and 3, if I want to sum all these estimates, of course, I mean this is C0 estimate on the domain of the smallest function, right? Because the domains of the functions become smaller and smaller. So this is an estimate on the domain on the smaller functions, but after all, for us, what really matters is the final function. So the important point is that I'm able actually to estimate the difference on the domain of the final function. And the cylinders are nested one inside each other, so the domain of one function, I mean, the domain of the function of the father actually contains the domain of the function of the sun, right? So now the idea is that you see that this is a convergent series as long as L is between 0 and 3. Because this L of Lj to the minus 1 is, so this is essentially 2, to the minus j minus 1 times 3 plus beta minus L, right? So it's decaying geometrically. So now what I do is I simply look at the very first cylinder, the largest one. This is a cylinder at scale 2 to the minus n0, OK? And 0 is a fixed scale. And I'm taking the convolution of a Lipschitz function at a fixed scale. So that function is actually c infinity, right? And it's c infinity with an estimate. What is the estimate actually depending upon? Well, for instance, I know that the Lipschitz constant has a certain bound. I can use the Lipschitz constant to make the bound. But actually, I have the excess, and the excess is like the L2 norm of the derivative of u. So I can use that one as a starting estimate, right? And then, OK, I have a starting function z and 0, which is smooth with a certain estimate. And then I'm summing a convergent series. So while I sum my convergent series, the derivatives will not explode. And the derivatives which are not exploding are the first derivative, I mean the 0, of course, the 0 order, the c0 norm of the function, the first derivative, the second derivative, and the third derivative, OK? And you see that when I get that the fourth derivative, the fourth derivative is actually blowing up in a geometric fashion, right? So the c3 estimate is going to be obvious. And the c3 beta estimate is going to be an interpolation between the c4 estimate and the c3 estimate. That's the idea. OK, so now, I told you that you see why nearby cubes have kind of the correct estimate, OK? So if you look at this estimate over here, this is actually, it's true with e, but for us, it's good, even with e to the 1 half, OK? So this is the exact same structure of the estimates between two nearby cubes, OK? So I'm proving the estimate that I would have to prove between two nearby cubes. I'm proving it for father and son. It's a kind of similar situation. So the only thing that, I mean, there is one technical issue that you have to deal with that is in these estimates, I'm always having the same coordinate, right? The system fixed the system of coordinates as given by the plane, which is the plane optimal for the smallest cube, right? In the situation in which I have two nearby cubes, I actually have two different system of coordinates and I have to tilt this estimate. So I will have to make a change of coordinates to make the estimate. So the actual estimate that we will prove, it actually has an e over here. But when you're using the tilt of the system of coordinates, since the estimate is with e to the power one-half, OK, is this e to the power one-half, this will actually deteriorate this estimate with this e to the power one-half over here. But the important point is that this will stay exactly the same. OK, so now how am I going to prove this estimate? So that will be a key proposition, and this is really where the most interesting analysis aspect of this problem actually happens. So the key proposition is the following. Where did I put it? Over there. And this is what we will focus in the next half an hour. So the key proposition is the following.  And I'm claiming the following two estimates. So if delta bigger than 0 and e are sufficiently small, and this sufficiently small is just some geometric constant, then I have these two key estimates. So I have that z bar minus f bar in L1 is less or equal than a constant. And here I have e L of L to the power m plus 3 plus beta. So if delta and e are sufficiently small, then there exists constant beta and c positive such that. So this is one estimate. And the other estimate is that the Laplacian of the j derivative of z bar in c0 is less or equal than a constant, which depends on, OK, j is bad actually. Let's say L, a constant which depends on L only. And here we have e. And then we have L of L to the power 1 minus j plus 2 beta. OK? Now, look at two consecutive, so now I will show you from this proposition I will sketch you this estimate over here. And it's the dimension, yes. Yeah, right. Yes. Sorry? Yeah, yeah, yeah, yeah, yeah, yeah, yeah. Yes. Right, absolutely. So each time I take a derivative, it deteriorates by something. OK? So now, I mean, just to give you an intuition for these estimates, right? So like, take L equals 0, right? If you take L equals 0, the Laplacian is like the second derivative. And I'm telling you the c0 estimate for the second derivative is L of L to the power 1 plus beta. I have written 2 beta, but beta is OK. OK? This is an L1 estimate, so it has an L of L to the power m because of the dimension, and then it has 3 plus beta. So why 3 plus beta instead of 1 plus beta? Because the second derivative estimate scales 2 L of Ls, I mean, a power 2 of L of L worse than the c0 estimate, if you want, right? So they are all kind of scaling invariants. I mean, if you were to scale everything back to the cylinder of radius 1, you would just find scaling invariant estimates. So this is the natural scaling that you're expecting. So now what I'm claiming is that, well, first of all, by a very simple addition, so if I take the Laplacian of the derivative of the L derivative of zj minus zj minus 1, of course, I can add, so this is Lj, of course, I can add these two estimates. And since the sides of Lj and the sides of Lj minus 1, they are comparable by a factor 2, I can actually write this for the Laplacian. Now I want to estimate the L1 norm of zj minus zj minus 1. OK, so what I will do is I will use the triangle inequality. So I estimate zj minus fj in L1. Then I estimate fj minus fj minus 1 in L1. And then I estimate fj minus 1 minus zj minus 1 in L1 again, OK? So for these two pieces, I have, sorry, here there is no m. Here I'm just, OK, so this is 1 minus L plus beta. So this is coming from this estimate here, sorry. OK, so the L1 gets the m plus 3 plus beta. OK, so here I will have Lj minus 1, then a constant E, and then I have m plus 3 plus beta. OK, so this is this piece and that piece for which I'm using the proposition. And then I'm left with fj minus fj minus 1. So now what are fj and fj minus 1? So they are two Liebschitz approximations, but of the same underlying graph. So here is fj. Here it's fj minus 1, fj minus 1. I'm doing this estimate on the domain of fj, OK? And fj minus 1 and fj, they are actually the Liebschitz approximation of the same graph. So they agree, except for a set of small measure. So how small is the measure where you don't agree? So the measure where they don't agree, so fj minus 1 different from fj intersected the domain of fj. OK, so if you remember this as the following estimate, so it has a constant, E, it has L of Lj minus 1 to the power m, OK? And then you remember that in the Liebschitz approximation we had the normalized excess on the cylinder to the power 1 plus gamma. So here I have L of Lj minus 1 to the 2 minus 2 delta, and then I have to the power 1 plus gamma, OK? And if you remember what we remarked actually yesterday is that I will choose, so gamma is a fixed constant. And delta is for me to choose. So for delta sufficiently small, this is actually going to be 2 plus beta. So 2 minus 2 delta times 1 plus gamma is going to be equal to 3 is 2 plus beta, OK? But now both fj minus 1 and fj are two Liebschitz functions. We Liebschitz constant less or equal than 1, actually. Well, it's even less or equal than something small, right? The power of the size of the cube. They agree on this set, on the complement of this set, which is certainly non-empty. So there is one point where they coincide. And since they are Liebschitz, the difference between them, I mean, the C0 norm, the C0 norm of them is estimated by the sides of the cube, OK? So Zj minus Zj minus 1, I know by a trivial estimate in C0 is estimated by L of Lj minus 1 times a constant, OK? So now the integral, the L1 norm, is going to have the size where they are different, which has an estimate m plus 2 plus beta, and then times the C0 norm, which is giving you one extra power of L, OK? So this guy has the same estimate. There's this estimate over here. OK, so now it's a simple PDE exercise. Well, maybe not so simple somehow, but it's a classical PDE exercise. You have an estimate on the Laplacian. You have an estimate on the L1 norm, right? Now you can interpolate between them and get C0 estimate. For instance, if I use L equals 0, C1 estimate if I use L equals 1, C2 estimate and so on. And it's not too difficult to see that, I mean, if you want, you can make the estimate at scale 1 somehow by rescaling everything. And this is the natural scaling for all these objects. So you will get similar scaling for the C0, C1, C2, C3 estimates, OK? So from interpolation, now you get Zj minus Zj minus 1, right? The L derivative of this is going to be less or equal than a constant. And then here you have E, and here you will have Lj minus 1 to the power 3 plus beta minus L. And actually, you can see that the estimates work for any derivative. But after the derivative 4, they are not interesting anymore somehow. So for the derivative 4, we have a mild blow up. For the derivative, I mean, for the third derivative, you have a mild convergence. Then you interpolate and you get the C3 beta estimates, right? So five derivatives you can keep track of, but they do not seem to have any useful purpose. OK, very good. So this is the key proposition that we want to prove there. So in this proposition, there is really the meat of the C3 estimate of ungrant. So this proposition is really the important one. And OK, so let me prove this proposition, therefore. So I'm not 100% sure I'm able to show you the L1 estimate. I will maybe just give you an idea of the L1 estimate. But the C0 estimate I can actually show in full details. OK, so now we don't have to care about fathers, grandfathers, ancestors, and whatever. So that is actually a proposition which is given at a certain fixed scale. And not only it's an estimate which is given at a certain fixed scale. I'm also with a certain fixed system of coordinates. So now I'm actually going to draw the cylinder kind of vertical, right? OK, so in this case, I have my function f bar. f bar is a Lipschitz approximation of the area minimizing, I mean, of the function which describes the area minimizing graph in this tilted system of coordinates. So the original function was u for the function which is describing the graph in this system of coordinates, which I then rotated, let us use v. So then I know that v is area minimizing. And what I know is that the excess in this cylinder where I'm interested of the graph of v, so the cylinder is C. And this is with respect to the plane pi. So now the plane pi is the horizontal plane. So this excess as the estimate constant e and then L to the power. So L of L to the power m plus 2 minus 2 delta. So is a area minimizing graph that for v is actually stationary for the usual purpose.


Welcome to another Tick Mail Charter with me, Patrick Manlou. I want to draw your attention to Microsoft, we're on the daily time frame, and we are looking for a fifth wave extension to the upside. We have this advanced cycle from the May 20th low, so we've got a nice little 1-2-3. We potentially have a three wave corrector pattern here, whilst we hold 296 as support. But for bullish reversal patterns, long positions, targeting, test of monthly range resistance up to 320. Alternatively, if we break through the 30250, that would also call for long positions, again looking for that upside extension. At this stage, really only a loss of 291 would suggest we have a high in place and set sites on a test down to trend line support of 268. As always, traders plan the trade, trade the plan, most importantly manage your risk. Until next time, thanks very much.


Hey everyone, welcome to this week's video update today is actually recording this the morning of July 18th Saturday morning Hope everybody had a good week of trading. Let's jump in starting with the market We'll talk about the alerts talk about our other current positions And then we'll jump into kind of a an update on the day trading stuff. So to start with here GSNP This red bar here. This was Monday the 13th Kind of a crazy week of trading.  It's kind of bounce around big up day down day up day So still continuing to get these big swings. I mean even a day like this the range is Let's see the Lowe was 3194 the high 32 25 so still a, you know, 30 plus point range in the S&Ps, which is still a decent range So still continuing to get that volatility and we'll still continue to get that volatility Going forward. So let's jump into the alerts and we'll talk more about about the market overall as we go through here Starting with Monday first trade was an opening trade in SPX So we added a weekly double calendar. We were already holding one. So at that point that we had to this one we put on with just four days to expiration and So I'll get to the closing trade here in a minute next trade rolling adjusting trade in XLK So we had a long put vertical in XLK. That was getting down to four days to expiration So we went ahead and rolled that out to extend duration If you look at XLK Which is pretty tech heavy. I can see since we've rolled that we're up about 232 on that piece. So Holding this for that short Delta exposure. We're about one-to-one on our ratio So still in a good position definitely not overly short I mentioned in last week's video that we are going to we weren't gonna add much short Delta if any this week and we didn't Just because you know, I mean we had this big push-up kind of a grind sideways And I said, you know the kind of the path of least resistance in this market is to continue higher to hit new highs We did I mean just barely hit a new high all time in the in the S&Ps and then Retracted a little bit, but you know, I still think this thing is gonna go higher in the short term And again, does that mean we just get rid of our shorts and go long? No, absolutely not I mean, we still need that protection because at any time this thing could tank You know one thing to consider is the you know all this stimulus money is is gonna be running out in the next couple weeks You've got the unemployment benefits that extra six hundred and some dollars a week that people are getting that's going away We've got You know some of these other employer, you know small business related incentives and stimulus that are going to be going away and so Does that mean that you know two weeks the markets gonna crash? No the market doesn't work that way You know, it doesn't it doesn't follow the economy It tried to it tries to project in the future what what what is going on and so You know, I think But I think I think what we've seen so far Let's just kind of break this down overall with the with the economy and the markets, you know What we've seen so far. We had a huge flush Obviously with the coronavirus right then we had this massive rally, which you know, I don't know about you guys I didn't see coming You know, I really thought we were going to you know, kind of bottom-round and we didn't I didn't expect this what they call a V-shaped recovery But you know with all the money in the system and everything going on, you know I mean this thing just the market really just took off so But but now is when you know it so I think in the coming months and especially leading up to the election You know, who knows what'll happen then but you've got all this stimulus money running out And and so the the spending is going to stop I mean, there's still I mean the unemployment rate is still sky-high and and so at some point Things are going to not you know, the math just doesn't make sense of you know People still spending the money that the way they are when that money runs out They're not gonna have that money anymore. They a lot of people are still unemployed and so You know, the the rubber is going to meet the road at some point You know, I think this this stimulus and everything is still just kind of propping this thing up at some point We're gonna see some downside now. Is that gonna be next week or is it gonna be a year from now? You know, I think the delayed effect of this stimulus running out and and and The the band aid that the Fed has put on You know at some point that is somebody's gonna have to pay the piper and so That's why we're still keeping short Delta You know, I mean and and we'd like to keep short Delta most of the time But if you remember if you're trading with us during this period here, you know We we were short short short short short and then about right here We started cutting loose some of our short Delta cutting loose some of our short Delta down here We were long and so we benefited from you know, this area in here and then obviously Not, you know, this our short Delta got hurt, but we but here's the thing We've been short since about right. Let's call it right here We've been short right here and we've still made money And so that that is the key to this methodology is Managing your deltas managing a portfolio portfolio so that you are hedged to the downside if the market tanks But yet you can still grind out a profit in a massive up move like we like we saw here So that is what it's all about my friends, you know, obviously if we had been long We would be a lot more but hindsight is 2020 and the fact that we can still make money and we're short and the market goes like this That's it. That's a huge benefit So that is what it's all about is creating a portfolio that can they can be profitable in an up market But be protected on the downside All right, so that's XLK closing adjusting trade in GC. So we had Two sets of iron condors on this one got down to 14 days to expiration We were able to book over 40% of max profit on that piece of the trade and then still holding our Other gold iron condor. So let's check that out So this one's pretty centered and it's pretty close to 40% of max profit as well So we will we'll be looking to potentially take this one off next week If we look at our days to expiration, we've still got 39 days to expiration I'd like to get one on in October You know once we get down under 60 days or close to it. So maybe Friday of next week We may look to enter another one in the October cycle and then you know potentially take off our September one Next trade rolling adjusting trade in DE John Deere so this one got down to three days to expiration and so we went ahead and rolled that out to the next cycle with 38 and To keep that short Delta exposure in John Deere, so let's take a look at John Deere John Deere has been very strong So prices out of our range here even after our roll And so looking for some downside action to get back into range there You can see this just pretty solid spike here over the last week and a half in John Deere So apparently people are still loving their tractors Next trade opening trade in SPY so we put on a new iron duck in SPY and Did this with five contracts and we did this one with 20 days to expiration So we've got three different ducks on now. Well, I'll go through it here. So SPY So this is the one we just put on so since we've put this on you know prices run up the beak now Remember for those especially for those newer traders kind of when do we take this off early? We said our Date our calendar to expiration and then we kind of we put our break even slice kind of right here as The price would start to enter the duck head Right and so if prices right here We that means we still have over a 21 percent chance that price could come back here into the duck head Now if we get to a point where we're it we're maxed out on our beak profit and we have you know less than 10 Let's say between 10 or 5th even 15 percent sometimes depending on how much time is left We'll just go ahead and take this off book the beak profit and move on We don't need to stay in this thing and you know not make any more money We can redeploy that capital free up that capital redeploy it into other trades, you know But for now we'll hold this if price continues to rip higher into next week Then we'll just close it out early and and try to enter a new one in a different different expiration cycle The other duck that we have in SPY is this one here with a July 30th expiration and you can see Let's move this date here to the expiration. So 7 30 so you can see you know in this case We still have Move our price slice over here still have almost a 30% chance, you know of getting back into the duck head Widen this out here So so we'll hold this and again if this thing just rips higher we may take it off early But we still have a chance of it getting back into the max profit area Which is what the duck is all about no risk to the upside a big potential max profit and Limited risk if we close it out if it gets down to our downside break-even We also have one in rut. I'll talk about Rolling adjusting trade and yes, so this is one of our long put verticals. This one got down to two days to expiration So we went ahead and rolled that out to 65 days to expiration. So we skipped over one cycle We were already holding one another one in the 37 day cycle So just to kind of diversify our time frames roll that one out. And so let's take a look at ES So this is the this is the one with 37 days or actually now it's got 34 so we've got 34 and 62 days This is the one with 34 needs some downside action to get back into range there And then this one is pretty close to where we rolled it. Nope. No profit or loss on that piece yet Next trade rolling just in trade in QQQ similar situation got down to two days expiration went ahead and rolled out Skipped over August went ahead and rolled out to September because we still have a another set in August So let's look at the cues So here is the one in August. We're up about a couple hundred bucks since we did that roll looking for a little bit more downside action there And then this is the one in September from that alert and we it's gone down a little bit We're up about 90 bucks since we did that roll And then while we're here, we've also got a bunker in the cues Price has moved higher since we put this on So looking for some downside to benefit that Remember with these bunkers we want to take them off when we we get down around, you know Close to 60 days to expiration. We don't want to we don't want to let this profit sag into the valley of death So we want to take that off first, but we've got a little bit of time on this one Hopefully we can get some downside movement to uh to take advantage of that Closing trade in spy. So we had we had another iron duck in spy. We had closed this out This is one where price did run higher and so instead of holding onto it. We just went ahead and Booked beak profit on that trade So got at it right at a dollar which is the width of the call spread So you see we have the 310 and the 311 call. So it's a dollar wide Close it for a dollar. So we booked beak profit on that one Next trade opening trade Okay, so this is the other iron duck. I already showed you Put this one on with that at that time had 13 days to expiration Next trade closing trade in spx. So we had the two spx weekly double calendars And kind of what we've been doing recently is we'll have two of them on Close one on thursday close one on friday. So this is the one we closed on Uh on friday or excuse me on thursday And so on that one we booked let's go to our closed trades We booked a $215 profit The next one the one on that we closed on the next day on friday I'll just show you right now.  So we were able to scratch out a little bit of winter, but not as good as I had hoped But that is trading Let's see. Let's go to trade alerts and Go to okay. So yeah, this is the one I just went through Okay, netflix. So, uh, this is something that we haven't really done in a while because Last quarter we kind of took earnings off We took a little break from earnings just with everything going on a there was so much opportunity with implied volatility everywhere else And then b You know, we you weren't really getting the implied volatility crush after earnings that you typically do Uh, because of the heightened volatility with the coronavirus stuff going on So, uh, jump back in earnings this cycle, you know, it's july 18th So all the big names are starting to come out with their earnings The first big one was netflix And so what we did here is we put on an earnings iron duck and so we did this in the cycle It just had one day to expiration in this case Uh, and then you just exit the next day And so that's exactly what we did got a nice credit of six dollars and 20 cents on this with a one day to expiration Which is cool. Uh, that's that's the power of the implied volatility Heightened right before earnings And so we put that on And then I'll skip over that one. I'll come back to it and then the next day we waited Uh till about 2 30 in the afternoon. So about 30 minutes before the market closed This thing was kind of bouncing around it was kind of getting it was in the duck head and then it was kind of bouncing out It was kind of bouncing around so in that kind of situation You don't want to let it expire because remember in fact, let me just go to the platform I went ahead and put in this theoretical of so this is the trade that we put on Uh, and so price was kind of you know bouncing around in here started the morning, you know The open up the the night After they announced earnings. So on thursday evening. I mean price was way down here And I was thinking okay hold hold hold, you know, don't don't go any lower And then over overnight this thing kind of rallied grinded higher grinded higher and then ended up You know right in here and then during the day it was kind of bouncing around in this area And ended up right here. So right before the market closed We closed this out ended up booking right at exactly at $500 of profit. So almost almost a duck head. We had a potential of 620 Now what happens here? So look where price Uh, look where price expired right here, right? So that is between The short call and the long call had we held this and just let it expire We would be assigned 100 you know for every one contract you'd be assigned 100 short shares of netflix Okay, we didn't we didn't want that. So that's that's why we went ahead and just closed this out Um before before the market closed Now if price would have been in between the two short strikes between here and here And you let it expire you would have just captured the full beak profit The position would have been this would have disappeared you'd be you would have uh collected max profit But you just you've got to be careful especially right now I mean with things as volatile as they are with any kind of stock based equity based etf stock We are probably going to close those out pretty close to expiration Because we don't want to get in a situation where it expires between here and here we get assigned or it expires between here And here we would get assigned assigned so if remember and this is all in the course But if just as a refresher if price runs higher up the beak you can just let that expire Because then you get an assignment and an exercise they cancel each other out You just keep beak profit the rest of the contracts disappear But it's it's it's in between the short and the long call and it's between the short and the long put that you need to Be worried about that's where you can get assigned the other options disappear Then you've got naked stock either long or short depending on which side it expires on so That's why we went ahead close that out And so nice trade in well, you know 500 trade per contract overnight in netflix So hopefully a lot of you guys caught that one And so let's go back to This one here. Yeah, so okay, so on friday We also added another weekly double calendar in the next cycle did this in the seven 10 days cycle So put on a new one as applied volatility was contracting. It's a good time to put these on so that's what we did that So you can see this one is up about 45 bucks since we put it on but just going to wait and hold this till near expiration Try to potentially get another one of these on monday with the same cycle And then close them out thursday and friday Just like we did before so these have been working great And so we'll continue to rinse and repeat Now as implied volatility starts to contract You know, this is this is spx So obviously the height of implied volatility was in march And it has kind of just slowly grinded with a little spikes here and there But now, you know, the ivy percentile is down to 61 ivy ranked down to 20 And so, um, you know, if this if this does if the market does continue to grind higher and implied volatility does continue to grind lower Uh, you know at some point we will widen out our durations on these weekly double calendars So instead of doing seven and 10 days, you know, we might go back to our like we teach in the course kind of the seven and 21 days And so we'll just we're we're managing these we're looking at them every time. So we're we're kind of comparing the seven and 10 versus the seven and 21 Uh, we're still in in a situation of the options are elevated in this short duration between the front and back Weak makes a lot of sense. And so we'll continue to do that until it doesn't make sense So that's the plan there And then this was the friday closing trade where we, you know, basically scratched that one book 10 bucks And we're out of that. So those are all the alerts. Let's take a look at the rest of the positions Uh, yeah, natty gas So we've got this short strangle that was adjusted into astral prices hanging out right here And so we're up about four hundred and sixty bucks since we did this roll just waiting for time to pass hoping that natty gas just continues to stabilize in price I mean even even price swings like this, which are pretty solid, you know, as far as size go But still staying within our range because the the applied volatility is still elevated in in that gas as well So if you look at ung ivy percentile 63 ivy ring 48 So still good premium in there. So we're going to continue to collect that theta and try to get back to profits in natty gas In bonds, I mean, look at bonds I mean, this is nuts with everything going on in the markets with everything going on with the fed with everything going on with You know Interest rates and everything else.   It's it's it's kind of nutty. So At some point they're gonna move we'll see which way they go. But but for now, we're just we've got our Our adjusted short strangle on here prices hanging out in the upper end of the range If we look at the untested side of the puts still got a decent amount of premium in there So I'm not looking to roll those puts up yet But we will if this thing continues to rip higher obviously it comes back into range That is what we really want to happen and we'll continue to to manage this one, you know back to profits as well oops Not need to go back to the alerts apple So apple we've got this long put vertical on for the short delta exposure Price is hanging out just outside of range there. So need a little bit of downside to get back in DIA we've got a couple sets of short call verticals here. That one is is at a range And then this one both of these are in august. This one is just inside the range IWM got a couple of different pieces here Starting with a couple of long put verticals that one just outside of range This one just barely outside of range. So again holding that for that short delta As well as a couple bunkers. So we've got a lot of short delta in IWM Now this one is you know, this is down to getting close to that 60 days expiration, right? And so, you know, this is one that we will take off now I I didn't take this I wasn't real quick to take this off because you know price wasn't really sagging You know, we've got kind of this almost a straight line Yeah, that's not a very good depiction.  So we're probably going to take a loss on this one a small loser I mean, we're down 100 100 bucks 124 bucks and then The other one out in october prices moved up since we put this on But still, you know long ways off here still a lot of time for this market to move around. So We'll be holding on to that one for now QQQ I mentioned that Rutt go so we've got another iron duck and rut. So this is one where You know talked about it. I put my price slice right as price would enter the beak Now this one is only got 15 percent Chance of price getting back to the deckhead. So if price stays right here or goes higher We will take this one off. So we've right now as of today, we've got seven days six expiration So there's no reason to hold this for another seven days, you know, we're tying up a little over 1800 bucks in capital Why not take this off book the big profit, which will be about 130 dollars Redeploy that capital into a new trade whether that's an iron duck or some other high probability trade So that is the plan there Uh smh, we've got this adjusted strangle. You can see prices out of range However, if we look at our untested side still got a little bit of premium left in there So we haven't rolled the puts up yet. This is in the august cycle. We've got 34 days to expiration So if we if we do roll this on monday, we'll stay in august If uh, if we wait later, then we'll roll it out to september SPY Yeah, whenever the ducks in spy Let's go over the iron condor that we still have Price is hanging out in the upper end of the range of this iron condor So we could use a little bit of downside action to get back to center Uh, but just holding this, um, you know, obviously if price goes out of our break even point And there's very little value left in this put vertical We'll close that out and then we'll decide do we want to keep this for short delta exposure and roll it Or do we want to just close it out? So we'll we'll see where we're at with everything else in our portfolio at that point and make that decision then xbi We've got this short strangle that was adjusted into a straddle. We're at the 105 strike See price is hanging out right here in the upper end of the range If we look at our put side still a lot of premium in there So we're not looking to roll that roll those puts up yet and we're in august with 34 days So got some time to see if this thing can come back to center xlk I went over that one. So we got that long put vertical. So those are all the positions. Those are all the alerts. Let's take a look at our day trading So let's go here first Uh, let's go to Where is it? There it is Okay, so For the week 7 13 through 7 17 Uh nice solid week, uh over 4600 in profits So nice week and you know the one thing about this week is I was traveling I had meetings and so I and I mentioned in the facebook group That you know, I'd be very doing very little day trading Uh just because of everything going on. I didn't I didn't have the time or the attention needed to really focus on it But still did really well and did a lot of pairs trades, which those don't have to be You know babysat as much as the what we're calling our mighty 90 strategy Which is what we're trading the first 90 minutes of the market open Those those have to I mean you got to be there.  I did do quite a few pairs trades And um, and so I'll kind of break that down By the way, so I mentioned before that the class is coming out august 6th It's going to be at 4 p.m. Central time So mark your calendars will be sending out more details and links and information To to get to save your spot for that But just to give you an idea of so we've we've got several day trading strategies, right? And so the first one Is is the one that we've been posting a lot about and that's what we're calling our mighty 90 strategy where we're just trading in the first 90 minutes of the day and um And so that's the first strategy that we're teaching on august 6th the the pairs trading and uh, the other the other strategies We're going to be doing kind of like a series So, uh, we don't have the dates yet, but it may be the next week Maybe, you know august 6th and then the next thursday and then the next thursday We'll figure out how quickly we were able to get all that stuff together to roll those out Uh, we may do one a month. We'll see we'll see how quickly we can do that But uh, but for this first session on august 6th, it's going to be the mighty 90 strategy And then we'll layer in the other day trading strategies. Uh, and and The sequential order in which we do them is important. So, um, just f y I just wanted to give you guys kind of a insight on kind of what we're thinking and and what to expect With this day trading stuff And then we'll also talk about what we're going to do as far as, um, you know streaming these and calling them out and Uh, allowing you guys to follow us and see exactly what we're doing So good week, 4,600 bucks. So let's break this down.  Don't you usually lose on one side and make money on the other? Uh, because they're correlated so they're moving in opposite in in similar directions, but you're taking opposite positions Well, in this case, we did multiple trades on this. So sometimes we're long nasdaq short russell Sometimes we're short nasdaq long russell. So we reversed it a couple different times. So I ended up booking profits on Both sides.   I want to kind of break this down a little bit Let's go to silver first So silver has been spiking Pretty significantly. So let's just look at this week. So this was kind of especially this day Silver was up huge Gold was not up that big Um, and so there's there's a little bit of a divergence here and so silver is really spiking whereas if you look at a chart of gold You know, it was it was going up as well. Let's see now right here. Yeah, no right here So right here where silver was spiking gold was flat Okay So the pairs trade was taking advantage of that where after silver had spiked up We were we were we were short silver and we were long gold And then gold just kind of stayed steady and silver came back down to reality And that's that's part of how we profited on this one now. There's a lot of criteria that that goes into that So, uh, don't don't go just Don't go being crazy on pairs trade. You definitely want to paper trade these before Before you jump in and we'll we'll give you the specific criteria.  We were doing multiple contracts on these But but depending on the depending on the symbol I should pay better attention, but and this will come out in the class, but You know each one of the a contract in each one of these is like If you're trading during normal market hours is pretty minimal I think like less than I mean it's less than a thousand dollars. I think closer to like 500 bucks Yeah, I think it's like four or five hundred dollars per contract. And so, um You know really, you know small accounts can do this large accounts can do this If you have a really large account once you get comfortable with it You can you can not do the minis the micros you can actually do just the nasdaq versus the russell They move exactly the same And so, uh, we're just doing the minis right now I think a lot of people are going to start out with the minis. So we're gonna As we're as we're teaching this we're going to use a lot of the minis There's no reason to use the big ones especially when you're starting out when you can just practice with the micros Uh, and then we had one just individual trade in the micro es pretty much a scratch They're 10 bucks, uh, and then beyond meat booked 85 for a total of 33 62 on the day So nice way to start the week Next day, uh, staying really tiny. I think I was only doing one contract here In this case, both of those Were losers and then did a pairs trade in russell versus s and p That was a little bit of a loser and then had a decent little winner in apple with our mighty 90 strategy Tiny green day, but green is better than red my friends Uh, this day 162 had a couple pairs trades here that were losers had a Basically a scratch pairs trade on notes and bonds A little loser on this pairs trade and then a nice winner on beyond to give us a positive day 162 Again, I was you know, I mean one I just took one trade right there The rest were pairs trades that can be held a little bit longer Uh, next day 477 another nice trade a pairs trade in gold versus silver And then for mighty 90 strategy trades Um, netflix was kind of the the main culprit of losing here. The others were You know tesla the tiny loser in video winner facebook winner, but overall 477 positive And then on friday to end the week Uh pairs trade in nasdaq ym that was positive Uh, just a uh Just an individual trade on es was positive A couple negatives there and but then a nice winner in roku to give us a overall profit of almost 550. So That was the week of day trading So don't really have much else to add there except you know, just make sure if you want to follow along Go to the facebook group, which is Uh day trading options for income. See if you just go to facebook search day trading options for income search navigation trading You'll find it. That's where we're at the end of each day. We're we're posting Our our daily performance and some other stuff in there So if you want to follow along that is the place to be Hope everybody has a great weekend. Talk to you next week


I want to take you through chapter 9 verses 10 through 22 today as we're looking at the book of Acts and I Normally have been wanting to kind of grab different pieces of it But this is a continuation of what we began last last time So I'm going to take you into verse 10 of chapter 9 and we're going to go from verses 10 through 22 And so I'll begin reading at verse 10. I'll read the verse 16 and we'll get into our study Acts chapter 9 beginning at verse 10 Now there was a certain disciple at Damascus named Ananias and to him the Lord said In a vision Ananias And he said here I am Lord So the Lord said to him arise and go to the street called straight And inquire at the house of Judas for one called soloptarsus for behold He's praying And in a vision he has seen a man named Ananias coming in and putting his hand on him So that he might receive his sight and Ananias answered the Lord I have heard from many about this man How much harm he's done to your saints in Jerusalem And here he has authority from the chief priest to bind all who call on your name But the Lord said to him go for he is a chosen vessel of mine to bear my name before Gentiles kings and the children of israel For I will show him how many things he must suffer For my name's sake And so again, I'm going to give you a brief review of what we've been seeing and then move you into the verses before us We know that sol had been given authority By the high priest to arrest Christians He hated Christians He considered them blasphemers and they needed to be punished You see in his mind it was his duty to find them and to bring them to Jerusalem for trial This is something that he never forgot. He spoke about it often in acts 22 4 and 5 He said it like this He said I persecuted this way to the death binding and delivering into prisons Both men and women As also the high priest bears me witness and all the counsel of the elders from whom I also received letters to the brethren And went to Damascus to bring in chains even those who were there to Jerusalem to be punished In chapter 26 of acts verse 11. He he said I punished them often in every synagogue and compelled them to blaspheme And being exceedingly enraged against them. I persecuted them even to foreign cities So paul says it. He says I persecuted them. I punished them often in every synagogue In acts 22 19 God had told him to leave Jerusalem. So he said I said lord, they know that in every synagogue I am prisoned and beat those who believe on you And so he was well known for doing these kinds of things. Well as he was breathing out threatenings and he was on his way To uh Damascus in order to to uh chain up and bring back for trial those who were believers in christ Jesus appeared to him He was on his way to imprison believers, but Jesus was there to set him free And in verse 4 of chapter 9 jesus spoke to him. He said sol sol. Why are you persecuting me? Now sol had been denying everything concerning the ministry of jesus. He had rejected his teachings He explained away his miracles He especially would have denied his resurrection But now the resurrected one is manifesting himself to sol and asks him a question. Why are you persecuting me? You see in persecuting my people you are actually persecuting me In john 15 18 it reads if the world hates you, you know that it hated me before it hated you So paul It is not them alone that you are rejecting and at war with you are at war with me Now in this paul has a an experience a personal experience of seeing the risen christ And and though he was not aware of it at that time This experience is actually going to validate his credentials You see seeing the risen christ is one of the requirements of an apostle All the way back in acts chapter 1 in verse 21 and 22 it says of these men Who have accompanied us all the time that the lord jesus went in and out amongst us Beginning at the at the baptism of john to that that day when he was taken up from us One of these must become a witness with us of his resurrection Later on paul would say it like this in first carinthians 9 verse 1 he would say am i not free am i not an apostle? Have i not seen the lord jesus? In first carinthians 15 verse 8 he said last of all he appeared to me also So seeing the risen christ is one of the requirements of an apostle There were other requirements by the way to validate credentials of an apostle They were to have performed miracles In second carinthians 12 verse 12 it says the true marks of an apostle signs wonders and miracles Were performed among you with great perseverance and also they were those who wrote scripture So you have matthew you have john peter and paul himself And so these were things that validated credentials i say that to you Because there are those today who are claiming Apostolic authority you can see them they're on tv very often and and they refer to themselves as the apostles so-and-so Or come in here the apostle Well, the word apostle is a greek word apostle us and it means one who has been given authority and sent out That's what the general meaning of the word is So if they use that word meaning that i've been sent out by the lord and i have authority And they equate that will say with being a pastor or some call it a bishop, you know, I can understand that and why they would use that But there are others today and I say this briefly But there are others today who refer to themselves as apostles And equating themselves With the apostles of christ and so these are the credentials of an apostle I have seen the risen lord. I have performed miracles and they wrote scripture And so those are part of the things that made up the apostolic credential and all of that so Jesus had hunted him down And jesus had captured his heart And so he revealed himself to this man saul And saul came to a genuine faith in christ So in verses five and six of this chapter He said who are you lord and the lord said i am jesus Whom you are persecuting it's hard for you to kick kick against the gods So he trembling And the stoner said lord, what do you want me to do? And the lord said to him arise go into the city. You'll be told what you must do So basically he asks him a couple questions lord. Who are you and then he says what would you have me to do? And so who are you jesus refers to himself as who he is and then he says i give you an order do this and so This is his surrender. This is where he gave himself to christ He submits himself to the lord jesus christ and again his orders were simple going to Damascus and wait Go to Damascus and then you're going to be told what you'll do now Paul was stricken with temporary blindness He had to be led into the city and the scripture says for three days He remained blind and he didn't eat nor did he drink So being blind and helpless gave him opportunity to be humbled It gave him the opportunity to consider What had happened? I want to share with you for a couple moments about this god had crushed Saul god crushed him and as a result He arose as a great man of god There's a a writer that i appreciate his name is aw tozer and Tozer once said this he said it is doubtful whether god can bless a man greatly until He has hurt him deeply It's doubtful whether god can bless a man greatly until He has hurt him deeply In the breaking came the making of a man of god It produced humility And it revealed to him that without jesus He's nothing In second carinthians chapter four verse seven paul later would write We have this treasure in earthen vessels That the excellence of the power may be of god and not of us We have this treasure in earthen vessels in clay pots in ordinary earthen vessels The vessel itself is not that valuable. It's what we have within it And god is deposited in you and i want to make this a personal application He has a he is deposited in you his gospel. He's given to you his holy spirit And so within you are his words and his spirit But one of the ways that the spirit in the word is released for the work that god has Is coming through the breaking of the vessel The woman comes to the lord jesus christ and and wants to anoint him and before she anoints him with this valuable Ointment that the vessel had to be broken and the fragrance of that breaking vessel and what it contained that that beautiful Ointment that was within it the fragrance of it fills the room the scripture tells us But that that that fragrance that valuable fragrance was was of no value until The vessel carrying it was broken and and that's what the lord will do with you god will break you And i know that doesn't sound like something somebody got up this morning and and said to themselves I'm going to go in here that i'm going to suffer So i think i'll go to church in here pastor david But it's true It's through the affliction That things are removed from you That make you like christ Tozer is right God will use you after he has broken you God will moving you in powerful ways After he has broken you i was speaking to my my wife marie today and as we're Just this morning as we're preparing to come to work My dad came up in the conversation and we spoke with my dad for a moment And she said you know your dad was such a sweet man And everybody in the church at that time my dad has gone to heaven You know 22 years ago, but those who were in our church and knew my father at that time Everyone i've ever spoken to it has said the same thing. He said your dad was sweet And my dad was my dad was But i said you didn't know him before he got saved It wasn't that my dad was cruel because he wasn't my dad was a good man hard worker My dad was a very decent man very honest man a lot of integrity a lot of great things loved my mom He there's a lot of things about him But one of the things about him that that came later on was he was not compassionate My father was not a compassionate man My father was a man of his generation a man who who you know put his nose to the grindstone Did the work he had to do and didn't show any emotion my dad didn't show emotion hardly at all I didn't hear he ever say to me this isn't a complaint a lot of you can can relate to this some of you Were raised in a similar way my father never said i love you to me till i was 17 And the only reason he said that is i was in trouble and he wanted to let me know he cared That was my dad i only saw my father cry two times in my whole life Prior to him coming to faith in christ my dad was a man of his generation showed no emotion Didn't say i love you he he way my father showed affection to me is if i walked by he'd hit me That was how my dad was and he really loved me Hit me all the time So marina we're talking about that i said you know the father in law you knew Was not the father who raised me The father who raised me Was not kind The father who raised me didn't show emotion The father who raised me Didn't say i love you he never hugged you he was none of that What you saw was what christ can do in a broken man I said because my father got saved my mother was already ill But after they got saved My mom got even more sick and more sick to the point of being Eventually completely crippled And it was through caring for a broken woman Seeing the woman the only woman he ever loved suffering And he retired early from his job just to stay home with her And he was able to live with my mom and care for her for the last nine years of his life And the last last prayer that i know my father ever prayed was jesus please take care of my wife And the last word my father ever said was when you saw my mother for the last time And he only said one thing to her i never heard him call her by her name She was always a mama and that was his last word mama And then shortly thereafter my father died and so marie saw that But she didn't see the transformation And how did the compassion come into my father? He was broken My father was broken Because he cared for a broken woman so Don't be crying out against the afflictions that you will feel sometimes and the pains you go through That's part of the process That god will work in your life the things you're praying for what are you praying for father make me more like you Make me like you The word christian simply means a little christ or christ like i want to be christian make me like you And then the lord says i am but remember that jesus is the wounded healer You see that in isaiah 53 he was broken and he was crushed what makes you think you're not going to be And so that's part of the earmark of somebody who really knows the lord Because no matter what you're going through you're never alone No matter what you go through he's with you I will never never never leave you nor will i ever forsake you though i walk through the valley of the shadow of death I will fear no evil why for thou art with me and so that's what we need to know That's how it works and so you may be going through a hard and difficult time right now many of us are But god hasn't forsaken you and the lord was working in the life of this man without him even knowing it Breaking produces the the priceless vessels that god uses We see that kind of thing in scripture We can see it in the the life of a man by the name of jacob jacob was the grandson of abraham the father of the the hebrews jacob's father was isaac his mother was rebecca And jacob had a twin brother named isa and isa was favored by isaac but rebecca favored jacob And so sibling rivalry prevailed in his early life We know the story ultimately it grew to the point that he had to leave and he lived in another land While he was in this other land jacob met and married a beautiful young woman named marie.  It's a good thing. No no no breaking at the moment is pleasant But it yields the fruit of righteousness It gives you strength and a perseverance and an endurance That that the lord will work in your life and and you're able to tell other people It may seem to be dark right now, but remember this the light is going to come God has not forsaken you. He's there He'll show himself and you watch what god will do And you're able to do that because you've done through so many things yourself So many breaking so many losses so much sorrow so much grief And oftentimes sorry to say so much rejection But the lord Works through that you see that taught him something about the lord. He didn't know The lord will inflict a wound that reminds us us of his work In us Psalm 119 verse 75. I know oh lord that your judgments are righteous And that in faithfulness You have afflicted me And so this is something that sol is going to learn this is something that believers learn over a lifetime And returning to to sol god had told him to go to damascus And that's where we're picking up our story in verse 10 There was a certain disciple at damascus named ananias and To him the lord said in a vision ananias And he said here. I am lord Now ananias is a follower of christ. He's living in damascus. It's not the same ananias that was mentioned in chapter five This man is a devoted follower and believer in christ later on in acts 22 verse 12 paul said A man named ananias came to see me. He was a devout observer of the law and highly respected By all the jews living there So paul says this is a man who was highly respected highly devoted He was known before he came to christ. He was known for his faith But after coming to christ his faith was even stronger He had a spotless life and and he's using him later on as as a as a Reference if you will Giving credibility to his own testimony. Well in verse 10 it says that the lord spoke to him in a vision And he said here. I am lord Now the word vision speaks of a waking dream in which god gives a revelation and insight or direction You see that many times in in the old testament, but in genesis 15 verse 1 as a an example It says after these things the word of the lord came to abram in a vision saying fear not abram I am your shield and you're exceeding great reward. And so god was given a revelation and insight In acts 2 verse 17 in the last days god says i'll pour out my spirit on all people He went on to say your sons and daughters will prophesy your young men will see visions Your old men will dream dreams and i've been dreaming a lot lately So verse 10 he says here i am lord now. I want you to see this that his initial response is Familiarity as well as obedience. He's a genuine follower of jesus And so as he's saying that verse 11 The lord said to him arise Go to the street called straight inquire of the house at the house of judas for one called sol of tarsis Behold, he's praying In a vision he has seen a man named ananias coming in and putting his hand on him So that he might receive his sight and so It mentions a man and i'll just say this briefly He said go to the street called straight inquire at the house of judas. That's the only mention of this particular man There's nothing else said but he lodges paul And he goes on to speak of what paul is doing Known as sol at that time verse 11 he says behold he is praying So that reveals what he's been doing for the last three days He had been breathing out threatenings and now he's breathing out prayers And undoubtedly he's confessing his sins as well as learning of the grace of god In first timothy 113 he said it like this. He said I I was once a blasphemer and a persecutor and a violent man I I was shown mercy because I acted in ignorance and unbelief Well verse 12 says in a vision he saw ananias coming in healing him Now this is an act of compassion and tenderness on the part of the lord first sol He was given a vision that gave him hope In Psalm 118 verses 18 through 21 the lord has chastened me severely But he has not given me over to death Open for me the gates of righteousness. I will enter and give thanks to the lord This is the gate of the lord through which the righteous may enter I will give you thanks for you answered me You have become my salvation and so As he's saying go He needs to receive his sight He says he's praying well ananias verse 13 answered lord I've heard from many about this man. How much harm he's done to your saints in Jerusalem He's here Here he has authority from the chief priests to bind all who call on your name lord. I know you're busy You you you ruling the universe and you've got a lot of activity and I'm pretty sure that you have Maybe maybe you've overlooked this. So if you don't mind Let me share with you something that perhaps you're not aware of I need to inform you about this guy. His name is sol I've got some advice that I'd like to offer you. He's a persecutor. He's killing people He's putting him in jail And in romans 11 34 the question is asked who has known the mind of the lord who's been his counselor while ananias is He's saying this could be suicidal He has man's authority to destroy the church In acts 8 verse 3 sol made havoc of the church entering every house dragging off men and women Committed them to prison Sol said in acts 22 4 I persecuted this way to the death This is going on. I'm concerned. This man is wreaking havoc. He's bringing destruction. He's punishing people. He's putting him in jail You're asking me to go and speak to him and minister to him ah It's been said if you want to make god laugh give him advice So in verse 15 the lord said to him shut up No, he didn't He said go For he's a chosen vessel of mine to bear my name before Gentiles kings and the children of israel For I will show him how many things he must suffer for my name's sake go Man gave him authority to destroy But god's going to give him authority to build up God told ananias paul is a chosen instrument to reach Gentiles you see sol had experience in both jewish and Gentile cultures And because of this he could minister to both but especially to the Gentiles he He was from tarsus a Gentile city And he had a knowledge of The culture of the Gentiles he was He had the culture of the Gentiles as well as he was a Hebrew of Hebrews. He spoke Hebrew. He followed Hebrew customs He was a Hebrew of Hebrews He wasn't a convert. He was an actual Hebrew man And so he had an ability to communicate cross-culturally For those of you who who have two cultures You you know when an advantage that is you know that I was raised with two cultures. I understand that I ministered in the united states obviously and but I also go to Mexico And I'm able to minister in two cultures. There are nuances everybody knows their own culture, but Many of us don't know other cultures But paul did And paul was able to minister to jew as well as Gentile And so god was going to use him in that way And he is chosen By by god he didn't ask god didn't ask ananias for his opinion or input Later on in glations in chapter one paul introduces the book at verse one by saying this paul and apostle Sent not from men nor by man, but by jesus christ and god the father who raised him from the dead Man didn't send me god called me Now notice in verse 16 how how the lord said I will show him how many things he must suffer For my name's sake He would not merely profess repentance. It's been said but would Manifest the sincerity of it by encountering trials and reproaches for his sake You see when god called him he made it clear. He's going to endure his sufferings He had caused great suffering for others. He'll endure great sufferings Himself and when you read your bibles, you'll see that he writes about some of this in his books in his letters For example, second carinthians 11 24 through 27 paul said five times. I received from the jews the 40 lashes minus one Three times. I was beaten with rods Once I was stoned three times. I was shipwrecked I spent a night and a day in the open sea I've been constantly on the move. I have been in danger from rivers in danger from bandits in danger from my own countrymen In danger from Gentiles in danger in the city in danger in the country in danger at sea And in danger from false brothers. I've labored and toiled and have often gone without sleep I've known hunger and thirst and have often gone without food I've been cold And I've been naked I've gone through so much He suffered many things But what he went through had drawn him closer In second carinthians in chapter four verses eight through ten. He said it like this. He said we are hard pressed on every side But not crushed Perplexed but not in despair Persecuted but not abandoned Struck down but not destroyed We always carry around in our body the death of jesus So that the life of jesus may also be revealed in our body I've gone through so much. He's saying later on. He writes about that Jesus said he will suffer Many things for my name's sake And he did well after saying that Verse 17 ananias went his way and entered the house and laying his hands on him. He said Tag you're it. No, he said brother I'm sorry brother sol The lord jesus who appeared to you on the road as you came Has sent me that you may receive your sight and be filled with the holy spirit immediately There fell from his eyes something like scales and he received his sight at once he arose And was baptized and when he had received food he was strengthened and sol spent some days with the disciples at demascus So jesus's words gave him comfort and assurance he obeys immediately He lays hand on him and notice he calls him in verse 17 brother sol That communicates that he had been truly saved now ananias brought the healing and the filling of the spirit to sol He was saved and he was filled by the spirit. He was empowered for service Acts 22 14 and 15 ananias said the god of our fathers has chosen you to know his will And to see the righteous went into hear words from his mouth You will be his witness to all men of what you have seen and heard And so sol was saved. He was filled with the spirit and he was water baptized All of this without the other apostles present. It was totally a work of the lord Remember when the samaritans were saved how peter and john had come to minister to them And well in this case none of the original apostles were present This was a work of the lord now as this is taking place verse 18 There fell from his eyes something like scales his eyes had been encrusted with a film and that fell away Some see this as a picture of his spiritual blindness being removed He was blind to grace and true righteousness through faith in christ And and now it's removed as he received spiritual sight Verse 19 he received food. He was strengthened Three days of fasting left him hungry. He's able now to eat and then verse 19 He spent some days with the disciples at damaskas Now I want to share a couple thoughts about that that would have included some who had fled because of his persecution Imagine what you'd have felt like if you were one of them Here's this guy who breathes out threatening as he's showing up and now he's in your house I wouldn't have been very comfortable with that at all But it goes to show you what the lord can do when god brings somebody to his knees and god brings somebody to faith in christ The one who was threatening and persecuting and and all the evil things that he was doing Is now there with you and and that shows you what can happen When the lord breaks into somebody's life People who who are perceived as enemies Can be changed by the grace of god The one thing that I really believe strongly Um is necessary especially in this age Is for us to as believers To once again realize the need for a spiritual community and relationship When I was a young man, I went to calvary chapel for the first time I was 19 years old at the time I entered in to the church and I was there amongst these people I would have been called an enemy of the gospel because I rejected the gospel I rejected that I I thought it was good for you, but leave me alone I had that it wasn't the kind of hatred that that's all had by any means, but it certainly was a rejection And when I walked in and sat down amongst all those other kids at that time I was 19 years old as I sat there amongst all those kids. I I found something I didn't know what It was I but I did feel something And it took me a while from for me to finally come to realize what it was and what it was was simple These people whom I rejected were actually loving and they loved me and I don't know why they did that But there was a love that I felt from them towards me and that confused me Love covers a multitude of sin When Saul went amongst these people who many probably Had fled persecution by him. He was welcomed by these people. We'll see a reaction later on of some others But they received him And as they received him He began to preach notice in verse 19 Immediately he preached the Christ in the synagogues that he's the Son of God and all who heard were amazed and said Is this not he who destroyed those who call on this name in Jerusalem? And has come here for that purpose so that they might bring them He might bring them bound to the chief priest that's all increased all the more in strength Confounded the Jews who dwelt in Damascus proving that this Jesus is Christ Lord, who are you and what would you have me to do? I am messiah and I would have you share the good news That's what I would have you to do And what did he do? He went to those who he was most familiar with he began in the synagogues He stayed there for a while But then he began to preach and he preached immediately His one time venom for the believers was converted to love for them and their fear of him was changed into acceptance and even trust And he stayed there and he stayed there for some time perhaps stretching into months But immediately verse 20 he preached the Christ in the synagogues He went to his fellow Jews and that became the pattern of his ministry You see it in acts chapters 13 through 19 to the Jew first and also for the Gentile And by the way, that is very common for those who've been transformed by the grace of God We are saved and we begin to share with our circle of acquaintances We tell our friends or family we tell them about the Lord the co-workers perhaps the neighbor that were Friendly with that's what happens and that's what he did He began to open his mouth and share about what Christ had done it and the result verse 21 says as they were amazed They thought this is a different man. His incredible conversion is unbelievable His hatred for Christ has become a passionate love for him But he in verse 22 he increases all the more in strength. He's confounding the Jews He applied his Old Testament knowledge to what he was learning about the grace of God and faith in Christ And he began to share immediately It reminds me of the man of the Gadarenes the man who has been demonized and Christ has set free It says in Luke 8 38 and 39 the man from whom the demons had departed begged him that he might be with them But Jesus sent him away saying return to your house and tell what great things God has done for you And he went his way and he proclaimed throughout the whole city what great things Jesus had done for him When you get saved you tell people You don't want to keep it to yourself.  I want you to know the Lord I want you to know Jesus Christ And he gained the spiritual insight he grew as he shared And that's one of the things I want to leave with you One of the ways that you will grow in your faith one of the ways Is when you give it away Spend time in the word Have your devotions read your bibles And give away what you learn When you do that an amazing thing happens in john 14 21 Jesus said he who has my commandments and keeps them. It is he who loves me He who loves me will be loved by my father. I will love him and manifest myself to him You will be So blessed and so blown away how that when you simply open your mouth and begin to share Are you sense the presence of God in a deeper way? I've been doing that now for a long time and I can tell you people will say How is it that you've remained faithful to the Lord? I share what God has given me That's what you do And he manifests himself to you there's a sense of his presence And it says as he shared in verse 22 he confounded the Jews who dwelt in Damascus the word confound means to disturb The word proving he was proving that Jesus is the christ is the cause of person to come in the same to the same conclusion So he clearly and he powerfully was showing them. Jesus is messiah His teaching and his preaching were intended to clearly communicate the truth He explained the message of the cross He gave an apologetic for it And as he preached the gospel People were coming to an awareness That god Has manifested himself in human flesh and men by the name jesus He did it because he knew that people without christ were doomed That they would come into judgment And it stirred him to share the gospel Like it says in second chrindians 5 11 knowing therefore the terror of the lord We persuade man What was the heart of the jesus movement is the heart of the movement that he began All the way back in the first chapter of acts the birth of the church in the second chapter And that is he fills you with the spirit And you tell the lost That jesus is the way You don't keep it to yourself You get up in the morning And you say to the lord What do you want me to do today That i will do He may give you an opportunity at the job site. He may give you an opportunity with the neighbor They'll be talking to you. They open the door. It's very obvious that they're speaking of spiritual things and And you tell them Somebody says well, you shouldn't be pushing your beliefs on others And you say well The fact is is your beliefs are pushed on me constantly I was on a trip There's a woman sitting next to me on a train marie was seated across from me and this woman was next to me And she says to me That she's an entertainer. She's in europe to to Apply her trade.  And I say I preach against dirty songs. No I said, uh, I said i'm a pastor And her next response is I don't like people shoving their faith down my throat I hadn't said a word. I just said listen to her And so I said She said I don't like people shoving their faith down my throat.  I wasn't shoving my beliefs down your throat. I said, oh, of course. Well, when are my beliefs shoved down your throat? Every time I turn on the tv Every time I turn on a radio Every time I see a billboard Every time I look at a newspaper Every time I read a magazine Every time I go out into the street your beliefs are shoved down my throat But I'm not supposed to share my beliefs And shove them down your throat And she got really weird about it, but that's exactly what happens See right now and I'll close with this The world's shoving stuff down your throat, but you're supposed to smile and take it Now I don't do that. I'm going to tell you what I believe You don't have the right to tell me what you believe without giving me an equal opportunity to tell you what I believe That's just that's just life. That's the way it is And it's not and and that's that's that's not an angry thing That's just that's how it's always been. So you don't have the right to tell me what you think I'm supposed to believe You can't tell me what words to use in my house when I speak of you That's what's going on right now, by the way You don't have the right to tell my grandchildren Your beliefs without me being able to say something to the contrary You don't have the right to control my life and I'm not trying to control yours. I would say I just think that if you have the right to speak So do I and my words carry weight because it's the gospel truth And so paul spent time telling people about the lord And that's what we as believers are to do also Father I ask that you would work


What's up everybody, Jason here for jaspyscasebrakes.com. 2022, Bowman's best baseball just sold out. This is an eight box case break picker team, number seven. And here we go.  Also took the whites off, I believe as well. Lost two teams there. All right guys, Bowman's best. So here we go. I ripped an insane amount of this on Instagram the last two nights. I think last night I might have ripped like at least six cases of this yesterday. So I've been seeing a lot of this Bowman's best and it is very nice. Good mix of draft picks from the draft class, from the prospect and then of course, Rookie's in the class as well. All right, so I'm gonna rip the first four boxes and then we'll rip the next four after that. Those cars that are just kind of messing up this stack. These bending cars really kind of, we're not bending, I should say warped. Kind of mess up the whole stack. Yeah, it's a nice little cruisers. I mean, the one thing about best is that there's just so many silvers here or so many refractors that I feel like they're not gonna sell for as much as they should because they make like an infinite amount of these, honestly, you could probably get like five or six of them in a whole case. But as a collector, I'm sure it's nice. Here we go. Samuel Zavala to start us off for Fracker Otter and have a little Wander Franco. Number to $1.99 for Tampa Bay.  We got a Taj Bradley, another one there for the race. Tautis Julio, and we have Eric Brown Jr. autographed there for the Milwaukee Brewers. We have a little purple Jackson Holiday. Yo, Zach, the 250. Nice Julio UFO, Julio Silver, and Gainer Cueva, green to $1.99. Jake Berger. All right, next box, Alan Serta for the Reds Green and how about a little Spencer Torkelson? Purple for the Detroit Tigers and our big dog Rob, 250. We got a Reggie Crawford, Tamar Johnson, Jordan Wicks, and Kibriah Hayes-Bloob. Fire it's gonna Steven. Tautis, number to $1.99 and a Uribeau Anhus for the Oakland A's. Oakland, it's gonna big dog Rob as well. Next box. West Calf with a Lubaub, green to $1.99. Bobby Whitsover, and we got a Henry Davis, very nice for the Pittsburgh Pirates. Pittsburgh, going to Steven. Elijah Green, Edison Paulino, then we got a James Wood, number to $1.99, on the Franco base. We got Joshua Baez for the Cardinals. All right, last box and then we'll go with the next four. We got Serta and we got Fire, Hunter Green, that's number to $50. And a Harry Ford to $50 gold prospect there for the Seattle Mariners, going to Tristan. Rizzle, gold to $75. De Los Santos for the Pirates. Colas Green, Speckle, Chase, De Lauder. Go to the next four. Man, they're replaying the Steelers Packers game when they won the Super Bowl in 2010, 11. How crazy is that Ben Rothesberger at that time? Had Mike Wallace, who was a speedster, right? Antonio Brown, of course, I think it was like his rookie year or second year. And then they also have Emmanuel Sanders on that same team, imagine? I'd still be in this hobby, Rex. I was in this hobby right out of high school in 2011. So if I didn't meet up with Jaspies, I probably still would have been somehow in the hobby. Maybe I would have done breaking as well. I don't know. But I started getting into this hobby seriously 2011, 2012, so it wasn't until like three years later that I met the Jaspies since. So I probably still would have been in this. But if you're trying to say, what would I be doing if I wasn't in the hobby, it's a little different. I don't know, probably some type of warehouse job, probably. I probably would have applied to like UPS or something, post office. Well, I already do that on the weekends, Rex. Wink, wink. That's not my main thing, you know? Yeah, it was fun times, Jeremy. I love doing just hockey land. It was hilarious, it was fun. Great people, always laughing, pulling some nice stuff. I still have all of my stuff basically, Jeremy, but I'm not really buying any more of him. Not to say that I don't want to, but I pretty much got everything I really wanted. I was very picky with my Miles Sanders collection. But just to spread it out to more Eagle players like Devontae Smith, doing some Kings, Quinn, Bifill too. I should be selling my Miles Sanders because it's worth a lot more than when I got it. But when he's in your PC, he's your PC. Or are they? I think they lost yesterday. But everybody in the Pacific has been winning, isn't it, Roy? I don't know if you can keep up with the chat or not, but everybody in the Pacific division in the last like five, six games have been almost winning every game. Vegas ended up losing two nights, or three or four nights ago, but they won yesterday. My Kings on a five game winning streak right now. Kings are looking dangerous right now. Although Fiala got injured last night, I don't know how serious it is, but they still did pretty well against the Avalanche. But it's looking like basically if all of us continue to win and some of the people like Calgary and Nashville that are outside the bubble of the wall cards, it seems like we're all gonna be in. It's just a matter of where are we gonna land, you know? So I wanna say that Kings are like eight or nine points ahead of the last wall card seed, which is close to four or five games over. So that's pretty good. I think right now the Kings are tied for first in the Pacific and then also in the Western Conference with Vegas. It's crazy to have. It's nuts, man. I went into two games last year. I always try to go to at least one game. One game a series minus like Stanley Cup finals because that's just way too expensive, but. I went to game four last year and then game six last year. It's pretty fun. They won game four, but then they lost game six. Although they should have won that game, honestly. It's crazy to look at this. It's crazy. Crazy to look for me as a Kings fan, like the team that had last year to the team that have this year is like totally different now. And it's just a few players too. And just players like we'll already know the guys that are actually stepping up in the plane and scoring a lot of goals this year too. Whoa, red Bradley to 10 for the raise.   But no, you should. You should go to a home game. I'm sure the cracking games are probably pretty lit. Jazz Chisholm, 2199. Oh, that's right, you did already. Oh, well then you're good, dude. Just go to more. That's right.  That's right. Placencia. But nah, that's just what happens, man. Obviously Seattle deserved a hockey team for a while. You know, so it's just so exciting now that you don't have to worry about like only going to like what, WHL in Seattle. Now you have actual NHL. Nice. Where's the all-star game at this year? Eric Brown Jr. And then Lubaos. Is it in Seattle this year? Bryna Cunha Jr. No, I know. I think they're actually pretty good.  He could. Kamar Rocker, nice one right there for the Texas Rangers. And how about another Torque? Torque purple this time to 250. And then we got a Torque refractor. Bobby Whit. Juan Guerrero. Shane Baz. All right, Junior Perez for the Oakland A's and then Rob with the Ryan Reckley to 50 for the Giants. Denzer Guzman. All right, two more boxes, guys. So it looks like that second bowman's best sold out. So I'll probably do that next and then take a little lunch break after that. Jordan Lawler. Otto there for the Diamondbacks DMACC. And you got Jess Chisholm. Ricardo Cabrera for the Reds. It's gonna dy. Julio. CJ Abrams, a little atomic. Nice Ian Lewis to 150 for the Marlins. Samuel Munoz for the Dodgers to 99 Prospect. Boba Shet, Gold Lava to 75. And then Christian Santana, UFO Otto. Detroit, going to Rob. All right guys, last box here. Good luck everybody. James Wood. Ronald Acuna Jr., purple to 250. Showtime, Shohio Tani for the Angels. And Elani White to 75, a little Gold Lava. Pittsburgh, Amador for the Rockies. Brandon Marsh for the Phillies. Bob in here somewhere. Nice Johnson, that's one per case. Jose Ramos, Otto for the Dodgers. Hunter Franco, Refractor, and Acuna. All right, you guys, let me quickly top load these other autos I just pulled from the last box and a half, and then that's it guys, we'll do a quick little recap. So again, this is one of those cases that had a lot of prospects and barely if any rookie autos. Most cases I've done barely, I've had two max, maybe one. I don't even think we hit them one autograph for a rookie here. I think everything was basically prospects. Some nice stuff though. So they go quickly go through them there. That's a blue right there, Rickers and Santana, Gold Lonnie White. Torboson color was really nice. Cunha to Tan Red, Harry Ford Gold. Henry Davis to 150 was really nice. Got another Torque. Got a Jackson Holiday, Little Wander Franco. Lots of color too guys, so we'll see that all be top loaded as well. So I appreciate it guys. I guess the next one, number eight is sold out too. Coming up next, Jaspiescasebrakes.com guys, thanks.


In this chapter, we have used direct measurement, triangulation, and geometry to find out how far away things are here on Earth. In the next chapter, we'll use parallax to measure how far away the Moon and planets are and triangulate the distance to the Sun. We'll take the direct method to measure the extent of the Sun's heliosphere and we'll use geometry to determine how far away comets are. The next section is our solar neighborhood. Parallax will take us to the stars in our local neighborhood, such as Alpha Centauri and Wolf 359. Going deeper into the Milky Way, we'll add sephids, supernova, nebula, supergiants, and globular clusters to work our way across the galaxy. A number of these methods drop out as we move into the local group of galaxies around us. As we move further out, only supernova can be relied upon. Also, we move into distances where redshift begins to work. For the furthest reaches of space, we have only redshift.