The following is a presentation of TFNN the Tiger Technician Hour with your host Basil Chapman call now toll-free at 1-877-927-6648 Good morning everyone Basil Chapman here this is the Tiger Technicians Hour Tows up 137 on this Tuesday the 19th of December all-time high breaking out you can see in the monthly chart legs see now just to clarify in the Chapman methodology there the ideal is that you go from a bicycle to a bimode implying that there should be at least whatever the time limit time frame you're looking at daily weekly 120 minute chart one minute chart doesn't matter monthly there should be at least a bicycle upgrade to a bimode should get take you to at least a leg D and then a P D that's the fourth highest peak from the low bar we are in leg C that means between now and the first trading day of January which would be 31st to Sunday I can't remember now if it's Monday or Tuesday whatever the first day is it begins in your week if there is a new high anytime in January above the December high that extends legs see so in my webinar that I'm doing tomorrow afternoon these are the things I'm looking at look the current pros that's you know the positives and the market weaknesses that I'm seeing right here as we stand there's leadership and a broadening out of the sectors that's number one the dollar and yields have dropped that does give impetus to areas like the financials that were not participating participating as well as they should the weekly charts have rallied helping the monthly charts that we were waiting a long time to see anything that could could assist the weekly charts so that those monthly charts you you're ready for momentum you need to see the the first gear move to the second gear then the third gear then overdrive you've got to have that talk the daily gives the talk the weekly gives that extra momentum and then the monthly chart takes you into that momentum so that's really important you've got the doubt all-time highs the S&P very close to QQs what did I say within 25 cents or something that's really important so those are the weekly charts the semiconductors have led the way that either way up that either way down right now they just kind of stalling a little bit I'll go through them in a moment that's not to say they weak or anything but the upside momentum on the daily basis just kind of pitted out a little and they have made all-time highs and now they're just trying to just find that extra momentum so my thinking here is that just on a very short term basis becoming a little bit vulnerable to a breather whether or not that just is a couple of days pull back and then we make high highs that's something we'll discuss the meantime on the pro side the VIX volatility index is at yearly lows yearly lows I'm doing more years and there's a huge buildup of cash and CD and that that really basically is also bond money because the bottom most people don't realize it but the bond money is just huge I don't know exactly what the percentage is more than the stocks but it is very big so that's the positive on the on the con side on the on the kind of now we need to say negative side but the the part that says just be a little careful near term the daily charts are becoming extended mostly because of on balance volume that I'm looking at there are in territory that says just be careful you could get sudden pullbacks but that just says it's one indicator all the other indicators are still very strong in most of the key indices and certainly in the key stocks the weekly charts are showing very overboard on balance volume almost as much as the daily there that's a little bit more serious but it's a weekly chart it takes weeks to unfold okay and the estimators as I said are becoming overboard near term so I'll be monitoring that and looking at it and the VIX index the same thing that was positive the VIX index is at yearly lows says whoops on the other side you're gonna say wait a minute the VIX index is at multi-year lows that means there's a chance that it could rally and that would be a negative for the market but those things haven't come to pastures yet I'm saying this is what we're looking at in the current market conditions more importantly what I'll be looking at is which lagging stocks indices etc besides the ones that are really doing well because we like a mix for the portfolios in my opening call we have for instance we do have Microsoft that's a triple digit stock and we do have single digit stock so I were not averse to having a plethora of price ranges and that just says there's going to be opportunity now it might mean that we have to wait a couple of weeks for a big pullback to be able to get into some on the other hand others are just in leg B or C in the daily charts and we are expecting at least these and those so there are entry points that we can get to and I'll be discussing that in great detail tomorrow and in the meantime we still have positions that we are looking at and every day regardless all right so the Dow is up 151 the S&P let me just get there I'm hearing music in my ear not sure what that is all about and let me just check is there a message there okay okay good here we go so the S&P is now it's the S&P is right now at 4756 let me just go there S&P is in leg alternate count leg C and that just says that means we could have a pullback and then another spike to the upside and that's all part of this whole December thing January is going to be something different because we have to wait for the weekly charts to unfold to complete by the end of December and then we look at January fresh to see what's continuing but look at the nine-period moving average in the S&P way above the 14 and the 14 is way above the nine and make these goods to cast it's flat at 93% on balance volume has pulled back haven't seen anything in the price that's very very interesting and the weekly chart now I've discussed this over and over let me just say at this particular point I have to consider this is a leg A up in the weekly chart if it isn't A up even if there's a pullback from 4756 something happens and I talk about the dark news cloud cover I don't want to go into it right now because I don't see anything yields are coming down the VIX is low I see a little little one of the calls the cumulus clouds or whatever they call up in the I just see little puffs little puffs there I don't see any any dark news cloud cover at this particular point now yeah it's important this weekly chart for now I have to call a leg A you made a peak G there's never an H the count I'm giving right now is an A in the daily chart of the S&P the Dow is look at this leg A there I could give an alternate count but I just don't see why I should it is a leg A the QQQ weekly chart leg B that's a little different different design different pattern a leg B F sash B I could have an alternate count but I'm calling it B for now it's stochastic in the weekly chart is 95 percent the daily chart is 94 percent and it's still a leg F to the upside in the day the IWM now this is going to be very important why because the IWM reefer chart is a leg C and it's at that point at 200 this is where you find some kind of consistency I'll be right back that was up 155 Tigers tis the season for leveling up your trading skills Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday December 20th 4 pm to 5 30 pm Eastern Basil Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024 this is a free webinar for all opening call subscribers if you are not yet a subscriber visit the front page of tfnn.com today to secure your spot for Wednesday December 20th tfnn educating investors if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30-day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of tfnn.com tfnn educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at tfnn.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today tfnn.com educating investors the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com at 1-877-927-6648 internationally at<PHONE_NUMBER> everyone basal chappan and we're looking at the top 152 sbs of 17 this does leading a little bit up 0.41 sbs up 0.36 now what we're looking at here is the iwm this breakout to the upside going to move this let me squeeze it yeah I'll squeeze it that's easier yeah so this is the weekly chart and you can see I'll just squeeze it so that you can see everything that's been going on for two years stuck between basically 109 and let's call it 200 200 and 162 160 let's say stuck stuck stuck and look at this each one of these sequences to the upside fail that the resistance point and what happened is that the stochastic went to over 80 percent but within a couple of bars is a weekly chart failed and went under 80 percent dragging the price down dragging below the 200 moving average is that going to happen here well this is what we're looking at now i'm going to expand a little bit expanding a little bit within the context of the notation it fails at a peak c it fails at a peak b once and it fails at a peak c 199 26 and then backwards in february and then back in around about july it fails at 198 75 makes a lower low goes down to the 160 level and now it's had a straight up move 40 points to 200 but it's not that you have to really put into perspective and say wait a minute let's look at the weekly chart the action if it takes out 200 what does it do to the monthly well the monthly you can see has had this chapter we've inside track propellant zone right here look right there right there ah yeah we go and what happened was if this becomes red because if it goes under it that's negative and if this becomes did i do something differently yes i did red and if this becomes green chapter we've inside track propellant zone right there green it's come off very nicely but let's do this let's make it a proper channel and go it's a slightly it's actually slightly declining fractionally low lows but that doesn't matter we'll still call it a channel by putting it up here and say this will be the resistant zone right there i'll expand a little bit so that you can see what i'm talking about right there and this will then be the breakout zone and i'll be talking about this in my webinar tomorrow what's going to happen if in this particular phase the lagging and it's been lagging for quite some time lagging iWM Russell 2000 suddenly becomes active possibly as stocks like in amazon or microsoft uh google the magnus and seven don't have quite the upside momentum that they had they take a bit of a breather or they don't they have the upside momentum slows and lo and behold you start to see the i Russell 2000 now look at this this is the did i write that down how many times have i done this the Russell small caps is that the oh oh my oh i'll have to just check it out so let me just take this in here i can't believe i've done this almost every day rrrr uh oops now i'm going to the indexes there it is this is the Russell 1000 and that is if you don't write it correctly it doesn't give it here it's very important that you write it type it incorrectly so let me do that again Russell 1000 and i'm going to go it is rui okay i should have known that right i thought it was rui and i did that yesterday and look at this the Russell look at the difference this is the 1000 these are the smaller smaller caps these are tiny ones this is a leg c and now it's going to a leg oh it's a g-c g-c write the alternate count and it's going to a d as we speak or gc going to a d there it is this is the rui dollar rui that's how i get it um uppercase for that upside there you go and this is the single leg a is it an f or is it an a wow everything about this with a stochasticate 98.66 100% never gets to 100% but that is really strong that's is this should be an a but more importantly it made a peak c and didn't it didn't doesn't go to a c- it just says you got to still count all the troughs because this is your starting point you're going to count each successively higher peak well from this low you pull back and that means you're starting another one so that becomes an a that becomes a b and now we're in a leg c it's almost like the doubt except it hasn't gone to a new high so that's a leg c the moment it takes out that high that was made back in the russell 1000 from back in here we go back in the february of 2022 at 25 4217 254 2.17 and it's trading right now the high of 2616 2616 how could i read that correctly that's incorrect that should have been a high of there we go 2672 2672 round number high no way 2672 a round number at an all-time high round number high that's amazing round number high all right so that's fine and now what we're looking at is it tumbles down to the just under 2000 and now it's trading in 2006 1 6 so it has 56 points so so to go to make an all-time high and there's your cup formation little lopsided cup formation so this is what i'm saying that there's there is a difference here because this is the first time that you actually got participation in the areas that had had been much weaker and certainly in the IWM the russell 2000 much much weaker so i just wanted to point out that there is a rotation going on and that rotation says within the market participation is broadening that is really important now the question about gdx so the gdx nice candle today yeah we go at 31.82 up a dollar over 7 that is let me just check this out yes so that is the weekly leg c if it goes above 32 no 31.92 or something 30 oh 31.35 if it goes above 31.35 no that can't be right 35.93 I thought it was in the 90s 31.93 if it goes to 31.94 this week that starts another leg to the upside and it extends the weekly chart to leg c it's not a great looking chart but it's really working out very well in terms of going to very obvious support levels and then rallying looking at silver let's go to silver silver it's not acting as well it is up today up 28 cents of 24.39 um it's trying to work its way off the 200 period moving average just as we go to the break i'm going to go to the high-grade nice move in high-grade copper especially it's helping to do the job but it may be 95 this week but first time we've seen this kind of bounce off the hopefully uh continues i'll be back tigers tis the season for leveling up your trading skills basal Chapman is happy to offer all opening call subscribers a free subscriber webinar wednesday december 20th 4 p.m to 5 30 p.m eastern basal Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024 this is a free webinar for all opening call subscribers if you are not yet a subscriber visit the front page of tfnn.com today to secure your spot for wednesday december 20th tfnn educating investors currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out teddy keg stats tiger forex report teddy keg stat breaks down the forex markets every monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options teddy releases his weekly tiger forex report every monday morning with coverage of all the major currency pairs including the dollar index the euro dollar pound dollar dollar swiss dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year t-bonds as they both influence forex markets tremendously when you sign up for the tiger forex report you also gain instant access to teddy 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today visit the front page of tfnn.com tfnn educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before 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this is what i had here for the dow i have been showing this to subscribers for about a week now that i have like a one-to-one extension and i drew this in it didn't look like it was in the get there a few days ago but today it hit exactly what is that line saying that line says uh 37,488 and so far the height today is 37,479 so it's right here but all this does and this is the same that i find with the the fibonacci numbers quite often not always because they are really helpful i always put i put the fibonacci in for years and years but then i take it away because i find a little messy when i have my own techniques and my own trend lines etc that are working nicely but in this particular case that is a one-to-one but it's a one-to-one from the 32,327 of october 27th to peak b there was one more rest and then it moved up so i use that as my little fulcrum for the move the propeller shaft moved to the upside so it doesn't go one-to-one to the exact high it goes to one-to-one to the pullback and that took me to that level and this is just a it's kind of a gauge it's not even it's not even like a traffic light or traffic stop it just says in terms of having a marker if you have to say how far is it to the closest cvs or walgreens or something and you say oh yeah if you went to that particular block it's about another double or whatever that is so that's all it is but it's nice to have at least an idea of what to look for in this particular case it's this area so my my instinct now is saying that i've got to consider that this look at this move in one in one two three four five six seven and eight bars in other words eight days this is still a single leg move to the upside i'm calling in an f at this particular point could be an alternate count i have no idea yet but look at the daily chart daily chart shows you that on balance volume is one of the most overboard it's got that just says it's one indicator and therefore it does it doesn't say oh my god if that comes back down then you're going to drag the price it just says that there should be a rest period as the on balance volume has a pullback that's all it needs is a pullback to have a breather and that should say that the at minimum um i wouldn't say at minimum at to look at support in the doubt this particular point 38 000 is that 30 what is that sorry 38 369 20 is this green nine period moving average so that's tremendous support and even now as we talking uh there's still buying that keeps coming in and now you've got the resist automated resistance and this is what i show subscribes every single day you've got automated resistance levels right there at the dows trying to push up against and break out of all right and now here just to show you something i promised myself one of these days i'll just spend one show going show you all these different charts look this is the the dowel this is the s and p this is the the ndx 100 and this is the smh's because they've all moved up sharply and look at um the move from october that was just gone straight up with maybe one uh there's a weekly chart with one peak maximum some of them have no no peaks at all just a single leg to the upside so as long as those holding are holding well that's good now that does make it sometimes a little difficult to grab some of the stocks that you really want that have gotten away and that's what i'm going to talk about tomorrow how how can we handle um this market if let's just say even though i'm looking at overboard levels i haven't got any sell signals yet so what if we we we we chugged through in this particular pattern into early january what do you do now what do you do saying oh am i getting it you know the fear is that you're getting it right now and using the sucker holding the bag as the market takes a dive well there's a way to handle that and um i'll be talking about that tomorrow as well because if this is going if those weekly charts are accurate you couldn't get a peak d in the in the dow until late january uh let me just think about that i haven't got the calendar up i'll try maybe i'll try to get a calendar in the break for january but that would take me because look this weekly chart is let's call it a that means if all of next week there's no new high that becomes a peak a well wait a minute you've only got a week that's all of next week so all of next week's the last week so that means first of january so that means you'd have to have at least because it's a seven-way form you've used up to that means it takes you almost to the end of january before you can get a weekly peak d for a much deeper pool not to say you can't get sharp pullbacks but for a peak d pretty serious top all right but that said just very short-term i was asked could i show where it was i could you show the charts what was the last peak this peak here right is an f right here peak f and i could sing my song i just don't feel i sing right now um that's the january song um that's an f and this is an alternate count g slash b in the five-minute chart and a leg e in the um 10-minute chart but so far the technicals are pretty strong daily technicals are starting to week all right now let's go to a bunch of questions came in so gdx has support at 31 25 to 30.74 the um i use asa as kind of a benchmark for me oh that was a nice breakout to the upside that means that the weekly chart is trying to go for 16.15 this asa gold and precious metals limited um was it holding okay yesterday today's a nice big break to the upside it's on our list of stocks i we don't did not get it i i had it there as something that we wanted to buy on a pullback but if this is really the start of a bigger move in the um weekly charts going to test the high back in around about almost 1760 uh that was back in ma April may in may um there's still plenty of room to go so we'll see about that now the other thing i wanted to talk about is uh i wrote it down wrote it down yes the oils so the xle that's just good to energy for now you see the xle that's coming off the bottom is trying to rally it isn't holding that 200 period moving average is it 84 53 up 35 cents the 200 period moving average is it 84 90 yes it is moving the technical zone proving and today for the first time it's going out all the days young it could change but that means that the 9 period moving average is finally trying to turn up but that to me is important and i was asked about xx so xx and this will be on my list tomorrow and i'm looking at laggards that um have overall good chart formations but on the shorter term i've really taken a dive and the multinational oils because they give dividends as well will be on the list i'll be back in a moment and the xlc which is the communications index the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30 day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com are you ready to take your trading to the next level introducing tom obrien's award-winning newsletter market insights your key to successful active trading tom obrien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with tom's real time analysis and trade recommendations delivered straight to your inbox whether you're a season trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights comes with a 30 day money back guarantee for all new subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join the thousands of traders who have already experienced the power of tom obrien's award-winning newsletter market insights firsthand tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade lab u or lab d directions daily s and p biotech three times bull and bear etfs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at<PHONE_NUMBER> the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services LLC this program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz so the multinationals of dividend communication services selects spider fund doing very nicely in the daily and the weekly chart and the monthly starting to improve main all-time high in the 85 area plummeted down to the 45 and now it's trading at 72 so as i'm looking at this my suspicion is that in terms of dividend stocks there's going to be opportunity here to be looking at what you can what you can be buying over the next few months i'll be talking about that as well so in my webinar coming up tomorrow so it's going to be really a very comprehensive look at what's going on what's worked what's what's starting to slow down and what should be picking up going into january and possibly into february and that's going to be very important a question came up about where did it go i wanted oh that's right so you know so i spoke about the um let me just see if i can get it right here yeah so this is part of what i'll be doing is what expectations look huge sums have been expended in the infrastructure sectors including the semiconductor industry uh the so the infrastructure for this is the like pave that's the etf for the infrastructure but you've also got for semiconductor industry huge fabs huge factories are being built and the government is really subsidizing a lot of factories or at least giving making conditions way way easier and encouraging us manufacturing that is a huge change so that we're beginning to see um some kind of collaboration where we've got money that's going to come out of foreign countries especially china come back into the united states because we've really lost everything to do with our we saw that when we ran out of products during covid we had to wait and wait and wait because it was a delay in getting a spare pass things like that and the other thing is that the bonds i mean the huge amount of money that are in bonds in cds um and a lot of the boomers have said you know we've been whooping whooping whooping we've got retirement coming up uh we just want to be secure and then as markets move up they're getting forced into the stock market that's really what happens is money gets forced out of out of the more conventional and more uh i would say conservative way of looking at money and going into the more and it might turn out to be that's the way to think of it because your growth is what you need so that's really what you do when you're going to stocks so it's a massive cash potential cash a whole transfer and reluctantly at first but then they're going to start to remember the year 2000 those of you around that they were it used to be that they see what windows and orphans are in bonds but what happened was you had grandparents talking to the grandchildren saying what do i do what are i buy what what is that what is that uh um um uh microsoft uh i mean juniper you know at least they they went straight instead of going to the preferred stocks of physo or anything something like that more conservative is normal thing that you would do they went right into the most treacherous of waters they i mean they basically dived into uh cascading waterfall right they got into the top most of them and that that's what you don't want to do you want to do it very selectively do it very organized getting into stuff and then having your parameters to say hey if i'm wrong this is what you look for so the expectations nearer to the daily charts are really suggesting we getting closer and closer to some form of topping action that doesn't say that it can't go higher right now but i'm saying my technicals are just starting to get to levels they say we'll be a little careful and looking out the smaller cap uh and very weak 2020 these stocks could play catch up to the major indices and that's really a big part of what we're going to be looking at so within that context as i say xlc and you would think with people cutting the cord and all that but this is really the communications area it has to do i i was mystified before when i was looking at this is not now but it was about a month ago but Verizon getting smacked uh let me just go Verizon look there's Verizon i mean this was a horrible chart look at that just down down down down and then it broke out from the just under 30 and now it's turning 37 you had there was a Comcast CMCSA same thing was a better looking chart but it plummeted down to 38 scenarios at 44 oh oh telephone wow look at this telephone goes from the 20s down to the 12s or 13 area 13 and now it's trading at 16 pulling back a little bit but it's all the other areas of the communications oh is uh what's that tower semiconductor was American Tower AMT where is that oh i used to have this notated backwards and forwards all right i'll do it again it is in this last minute peak abcd abcd second d right there and it's a stalling a little bit at the Georgia period moving average okay i think it's also a reach American Tower right so i needed to go through those another question came in where is it where is it uh hello friends from india yes hi from india i in i in d is that uh the uh i in d i in d is that i in d you i in d oh i can't remember it all found i just looked at it yesterday uh there it is india grant media uh no it's not i can't remember the india etf for the e w whatever it is i wonder if it's no it's not e w i that's it's like e w oh whoa look at italy almost at an all-time high e w g was germany e w g germany recovery high this is the this is the this is not the index the dax index this is the e w e w so here we go pc t question on pc t um oh is this a thoughts on a climax low yesterday so i have a technique that i call volume price climax low and let's just see that it was a huge volume of 23.9 million i just don't see any volume like it anywhere but you see this is not the pattern that i look for the pattern that i look for is not just one sudden smash to the downside it has to be cumulative it's as if it's going down going down and then it gaps down and that's not good enough the next day is another red candle and then the final one is a huge gap down we saw that in shawd back here in march the 13th i believe it was there march the march the 13th 45 see that's that's the climax that i look for the volume huge volume and it gapped everyone at this point everyone just threw out every stock they ever had a shawd and said i i'm done i'm done i've got it it was up in the 80s just uh four weeks i don't know a week ago and now it's in the 40s and then what happens is it makes the climax low and it says within 28 days it shouldn't it was making higher highs and higher highs preferably higher lows it could go for 56 sessions well this didn't quite do that it came back retested a few times 45 65 was the low back in may and then it started to move up and even had a quick fallback recently down to the 47 layer look down to that right there down to 47 right there and now straight to 69 it's on our list one of our one of our stock single list i'll be back that was up 180 probably like that to 5 30 p.m. eastern dazzle Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024 this is a free webinar for all opening call subscribers if you are not yet a subscriber visit the front page of tfnn.com today to secure your 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market to stay on top of stock patterns you can take advantage of sign up for the fibonacci 24 7 newsletter at tfnn.com when you subscribe you'll get a weekly report from veteran day trader larry pesavento on stocks you need to pay attention to and you can trust larry's analysis after all he's got 45 years experience as a day trader larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from larry on market movement you need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the fibonacci 24 7 newsletter today tfnn.com educating investors don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv i didn't realize uh your cycle tech that's a three dollar three dollar forty three cents stuff what you want to see is that that was some kind of an aberration to the downside just kind of oops it didn't mean it and that means it needs to get to 366 and 366 i would say without going to 320 and right now it's a 343 and you want to do this as quickly as possible um and uh as i say and it did make a peak in the daily and a peak in the monthly so it's this is all part of what happens sometimes when you get those tops and you get a sudden pullback now let me do a couple of things just as we're going to wrap it up so for tomorrow um i'm having my webinar and that webinar really i'm i'm looking forward to it in the sense that at this particular stage um sectors let me just show you this here it's a nice picture of me way back 20 something years ago maybe even more um in fact i think i had my conducting outfit on so when i was a conductor and clarinetist okay they've been of course subscriber webinar uh stocks sectors and stocks just coming off major 2023 lows ready for even more upside action wednesday december the 20th 2023 4 o'clock to 5 30 i'm really looking at the archive maybe like web calls and different techniques that i've discussed in great detail and show demonstrate so i'm looking forward to it i hope you can get through it um there's no no loose situations this is a money-back guarantee and i will see you a little later on i believe the time so have a great rest of


It's really a great pleasure to be here, you know, I like to say riffing off some famous future verse quotes, the future is already here, we just haven't taken notice. And I want to congratulate the city of Barcelona for seeing the future in many more ways than other cities do. You know, I live in Zurich in Switzerland, where things are a little bit different into how we see the future, but it's great to see the only activism that happens here and all the new thoughts and stuff. So congratulations to Barcelona and all the great people in Barcelona. So first I want to say I've been doing this work for roughly 15 years, speaking about the future. And the last two years I noticed that a lot of people are worried about the future. And this is not just because of Donald Trump or the Brexit. People are worried, a lot of worry, because technology seems like it will do everything, literally take over, work, jobs, automation. And that worries us a little bit. I mean here in Europe we are much more humanist thinking. In America people are saying, well, you know, it's great. As soon as I can connect my neocortex to the internet, that's fantastic. I can think faster, or I can not die. Here in Europe we think a little bit different about this. You know, we have different concerns about this. So I want to say that the future is better than we think. But put a big asterisk there and say, well, we have to agree on what it's going to be. What do we want? That is the key question.  If you speak to your iPhone or Siri or Amazon Alexa or so, it will understand if you speak like this very slowly, it will give you, yeah, okay. In five years technology will be exponentially so powerful that you can speak to your computer as if it was your wife or your husband. And in fact it will speak back to you like your wife or your husband. And then eventually it will materialize as your wife and your husband in a messaging app. In 10 years we're going to be at the age of quantum computing. That sounded like science fiction just five years ago. IBM just showed the first quantum computer at CES in Las Vegas. 50 qubit computing, 3D computing. So that means this machine right here is running my measly presentation is going to be a million times as powerful. So we're going to the future that will have largely two topics and these are my topics. And I wrote a book on this because I kept getting this question what's going to happen to people. So I wrote this book called Technology versus Humanity. It will be available in Spanish in about three months. But in the meantime you know where to click. So that's the topic. And I can ask you the simple question, technology is really magic. You know we enjoy technology. We can use WhatsApp to make phone calls to our kids in South Africa for free. When we can summon the world on our mobile phones and escape in any which direction. We know a philosopher once said long time ago before the internet that technology is not what we seek but how we seek. And what do we seek? Well, simple question what all humans seek is happiness, right? In the widest sense. Contentment. So technology is a tool but it should not become the purpose of our lives. So we have this ongoing discussion between what are called algorithms and andro rhythms, you know, human things. Let's take human things for example really simple things like mystery, serendipity, discovery, excellence, mistakes, lying, changing of the mind. How would a computer understand that today reality is like this and tomorrow I mean no other place to say that than here, right? And tomorrow is different. A different truth. Computers don't understand that. It's zeros and ones, right? That's it. So in this world we're going to have to pay very good attention to this issue, right? Are we going to work with technology or against technology? This is the critical question. There's the balance between the two. There's no way we're going to go back and say well we won't have artificial intelligence. We will not have cloud computing. We won't have smartphones, right? You can try that. You have to be very rich or live in an Amish country, you know, in Pennsylvania and even there. Technology is here to stay and it's growing like crazy. The most powerful companies in the world are not the banks. They're not the oil companies. They're not even the military. They are the tech companies, the data companies. Did you know that Apple, Amazon, Google and Facebook have more market capitalization than the GDP of France? In other words, they could buy France, all of it. Not that they would, you know, probably not a good idea. But think about this for a second. What we have here, I mean, we're moving into a future where a lot of people are arguing that we are essentially data. So I talked to a lot of scientists. I talked to a lot of people in Silicon Valley and in China. And their argument is, well, you know, humans really are technology. I mean, and they're serious about this. I'm not making this up, right? It's just that we don't understand this technology. That's the argument. So naturally, we're going to converge. Upload our brain, become superhuman, become as God. I mean, I'm not religious, but becoming like God sounds like a good thing, right? Why not? Who would not want this to become superhuman? Sounds tempting, right? So I'm going to give you some principles today, seven principles about the future. The first one you just heard, bottom line of this principle is we should embrace technology but not become it. If we become technology, in other words, if we connect all the time through brain-computer interfaces, augmented virtual reality, I think we're going to lose more than we gain. We already have the problem when we use smartphones, that people are in love with the fake world on the smartphone. In fact, you can observe in many places people have more relationships with the screen than they have with people. Now, that is a bizarre twist, right?  That is what I call toxic technology, poisoning us. So the second principle is the future is a mindset, it's not a time frame. I don't know if you realize this, right? The future is here. Machines can speak, they can understand images, they can drive a car, they can fly an airplane, they can program themselves, they can kill with their own drones by themselves. Not really working that well yet, pretty much across, but in a very short time frame. So we have to think about the future differently. We have to think about the future as it is today and that is four simple rules. First, it's exponential. And this is hard for us to get because we are linear, right? We're proving step by step by step. But technology, Moore's law, Metcalfe's law jumps, right? Every 24 months, every 18 months, transitions are kind of at the end of that curve. Now it's going to qubits. But basically we have four at the takeoff point, four, eight, 16, 32, 68, seven steps to 128, 30 steps, one billion, 30 exponential steps. That's in all likelihood 40 years. The kids of your kids will live in a world that's one billion times as different as today. It's hard to imagine. Exponential thinking is crucial. Don't think for a moment just because it didn't work until last year that it will never work. It just takes longer. And this is very hard to understand when the human brain does not really deal with that. It's also combinatorial, so it's combining all the things. All the sciences, right? Material science, computer science, nanotechnology, brain science, all coming together to create new things. It's interdependent, amplifying each other. It's abundant. Technologies make things abundant, like music, right? You guys know Spotify and other platforms. You know, we have 21 million songs on Spotify. And we have 500,000 movies to watch on Netflix. And we can go anywhere in the world on cheap airplanes, right? In 20 years, energy will be abundant, which basically means almost free, right? Solar energy, renewable energy, 20 years. What would we do in a world of abundant energy? I mean, it's a whole different approach, and then holistic. Today, if you're starting a business, you have to be sustainable, not just sustainable in terms of energy, but in terms of humanity, right? I mean, that is the key point. Energy, yes, we know that clearly. But how about your people? Facebook, for example, I'll tell you later, insustainable as a human experiment as it is today. Because the central business model of Facebook is abuse. And I say that as a user, as a willing abuser. I'll talk more about that in a second, but this is very, very interesting. We need to take a broader view of the world, right? Because business, as usual, is dead or dying. I was in the music business, it died, and was reborn now. The media business died being reborn now. The banking business, blockchain, digital money. I mean, don't think for a minute just because you're in transportation or smart ports or so, it's not gonna be the same, it just takes longer. So we're going on this huge transformation, from the music on CD to the music on the cloud, the car going to transportation, all the things that are happening around us. I mean, the German car industry makes a great example. The business of selling cars is dying. It's dying because you can share a car, you can lease a car, you can buy a subscription to the car even now already, like Spotify for cars. So the whole business model of the car industry is switching to mobility, to access, from ownership to access. It's a huge shift that we're going to see. The third principle of the future, it's all about data. Data is truly the new oil. And the oil companies for a long time went unregulated and we paid for that and then they were regulated. But the data companies now, there's top 20, I'll show you in a second who they are, but of course you know who they are, they're definitely not Spanish or Catalan or Swiss, all Silicon Valley, China. So we're moving to a world where those companies are taken over, right? They go into a place to where we're saying, okay, they're actually running our system, here's a list of them. Thank you. Mind boggling riches, right? Those are the new rulers. In many ways, you can say they're the new dictators and almost all of those are my clients. I'm speaking with a twisted tongue here, right? It's a very strange situation when you're looking at this, you know, they are essentially just US and China and the token Swiss company, which is not really Swiss, just happens to be there, right? But that's where the power is. So I'll ask you one thing, you know, should we regulate data companies, data oil companies, like we regulate the environment, oil, gas, nuclear? What would happen if we don't regulate these companies together, these companies own literally on the world? And this is just the beginning.  I mean, think of yourself the question, would you have a company that's more human or would you rather have a company that buys your Tesla? Well, many of us would say, well, yes, let's get the Tesla and a little bit of humanity, but yes, a tough choice, right? These companies are doing this, right? Amazon, Google, they're literally driving into our brain, go fishing in our heads. 100 million data points on Google and Facebook that we willingly gave to them. That is truly a richness that comes on this. And you know, we're kind of wallowing in this data and threatening to get lost in all the options. And this is just today, I mean, think about the future being a thousand times as much quantum computing again, right? I mean, right now there's no way I can take the entire car traffic in Barcelona and feed it into a computer and get some results. It's just too much. Five years, done. Instant. So the fourth principle is artificial intelligence, which I'll talk about in a second, what that is, will have more impact on humanity than the industrial evolution. That's both in good ways, I'll explain in a second, but essentially artificial intelligence is the idea that machines can do something that we used to do, that used to be human, can basically simulate or mimic this. Kevin Kelly, one of my mentors in Futurism, the founder of Wired Magazine, he likes to say, first we electrified, then we digitized, and now we cocknify. I will make things smart. Cocknifying is making things smart, right? So now we tend to joke about this and say, well, you know, the future could be like a smart converter, right? You take in the old industry and you put it in the smart converter and outcomes, smart city, smart farming, smart ports, maybe even smart government, yeah? Could come out the other end. McKinsey says, this is a $62 trillion opportunity, make them think smart. I mean, it's mind-boggling smart, logistic smart cars, and that is basically where we're going in a very, very short time. And then we have this, right? We have all this data coming from our mobile phones arising into the cloud. You know, we're creating copies of ourselves in this cloud. We're essentially creating a brain. In fact, Google calls it the global brain. It's not Skynet, just in case you're thinking of Skynet here, right? Kinda sounds like it though. So basically what's happening here is that this information, this is now our mobile phones, our searches, but in the future, our money, our health records, our driving records, our education, right? Everything that we have goes into this cloud and there's huge benefits like in health, right? The health cloud would be vastly beneficial. But security will be a huge issue here and basically this is a huge temptation. And here we are and I would say that's fantastic if we can do this because we can save energy, we can solve diseases, we can do all the things that we need to go forward, but we need to see who's in charge. And what do we want?  Who's in charge of all that data? Not just in a security sense, but also in a sense of politics. So when we think about artificial intelligence, many people think of Hollywood and I would say right now, please forget anything you've ever seen from Hollywood on this topic. We cannot go into the future based on fear. We cannot go in the future based on stupidity either. A little bit of fear is okay, but this is not reality, this is science fiction, this is Hollywood. So let's go a little bit and say, well, you know, let's hear about the fears of AI. Let's talk about that for a second. It's very important. I mean, do you honestly believe that a machine exists that could be intelligent like we are intelligent? I mean, it's funny, now we don't even know what that means for humans, but we just know stuff like we meet each other in the hallway and it takes the average person 0.4 seconds to measure and rate the other person intuitively without saying a single word. I know if you're a threat or potentially a nice person, whatever, 0.4 seconds, not saying a single word. Can a computer do that? Maybe eventually they could learn that, but I think what we're looking at basically is this, that this artificial brain of computers will have a very hard time with social intelligence. That's even hard to define for what that is with us, right? But we know, for example, emotional intelligence is the highest rating employment factor in the world today. If you ask any HR department, that's what they want. They want people who are emotionally intelligent. In other words, you want people who are emotional. Can you imagine that? 10 years ago, we always said, we don't want emotional people in our company. No way, especially in Germany. But we want people who get stuff done, right? Who can execute.  If you let your children learn how to be a robot, they will never have a job. They have to be the opposite of a robot. And that, of course, is a huge challenge because we have intellectual intelligence, but that is limited because of the amount of processing. We can't just plug in another. Well, we could eventually, but you know, for the time being. And then we have the machines. Intelligent machines are, by and large, extremely narrow intelligences. They can drive a car, maybe. They could never watch your grandmother, make sure she's safe. They couldn't cook. They couldn't play chess. They can just drive the car. So I think at this point, I would say, we need to uninstall the fear, but keep the caution. So I'm with Elon Musk on this, you know, we should think about what happens when in 30 years they do become like us, right? But that's not next week, you know. For the time we're talking about fancy software, intelligent assistance. For now, the biggest danger is not that machines will come and kill us. Is that we become too much like the machines. And don't look any further than the smartphones, right? Talking about machine thinking, right? I mean, if you're not listed on the dating app, you don't get a date, right? If you're not highly rated on TripAdvisor, you don't get people coming to dine. I mean, that's machine thinking. I know companies that use human resource analytics software to define who are they going to fire next month. The machine reads all the emails, it looks at all the LinkedIn posts, and says this person is useless because, you know, they haven't done enough. That's kind of a limited view of life, I would say. So number five, all technological progress must result in human flourishing. Very simple rule. You know, there's a lot of technology that doesn't really do much for humans, right? It makes money. It might make money. And this is a very, very difficult thing because, you know, why would you give up something that makes money because it doesn't flourish humans? The only two countries in the world that do not want to ban autonomous weapons. You know, weapons that can fly in drones mostly and kill people on their own, right? Are the two countries that make them, the US and the UK. Why, you know, it makes money, so why not, right? Very simple. So this is our challenge here. I mean, we'll picture this, you know, we're only at the beginning of the curve, right? Now we can sort of catch up with machines here, but we are just human linear, we're going step by step learning a few things at a time, you know, and computers are like, you know, they're already a way ahead and if you picture this going up exponentially, the head would be all the way up in the sky. Technology is exponential, but humans are not. And we have to live with that. But you know what, I don't care. I will use the machine because the machine knows all these details that I can't possibly know, but the machine is so far away from our human intelligence in terms of understanding the world. Perception, but how will we sustain imperfection? Humanity, and take the self-driving car, right? So the argument goes, we don't drive any more ourselves, we don't have all the dead people, two and a half million per year, dead, dying car crashes. So that means we're no longer allowed to drive the car. I think I could live with that, but is that going to happen in every part of our life? Taken away our decision-making? Sometimes it makes sense and sometimes it does not, but clearly, this will be the challenge here, this natural progression. Right now we're here, right? And we may have mobile devices strapped to us like monitor on a heartbeat or so, and then we have prosthesis that are good if we had an accident, and then we just connect directly to the internet, the so-called singularity. I'd like to say humanity will change more than the next 20 years than the previous 300 years, and this is not an overstatement. This is not HyperBall or BS, right? This is, I mean, if you're looking at what is happening around us, you can anticipate in 20 years, the wildest, beyond our wildest dreams, genetic engineering, artificial intelligence, geo-engineering, solar energy, space travel. So here's a question I have for you. How far would you go with this? And this is the question we have to answer for ourselves and our governments, right? What would no longer be human? I mean, what is the point of technology if it relieves us of all humanity, right?  I can't really see the point in that. So there was a, there's a great company called the Future of Life Institute supported by Elon Musk, and they had a convention about artificial intelligence, and they came up with a couple of key things that I want to share with you for the future, right? The first point is that all systems have to be designed for human values. Not the humans have to be designed for the machines, but the machines have to understand what we need, right? Shared benefit, equality, right? If we are going to automate half of our society and save all that money, where does the money go? Well, if when America, the answer is clear, right? It goes to the 0.01%. But if we don't share the money, what's gonna happen? We don't have any more consumers. We have crime, we have unemployment. So that's very important. We have to think of the ecosystem, how it all sits together. We have to distribute the benefits of technology. And I'm afraid that means that ugly, tax word sometimes, but as Bill Gates says, we should have an automation tax or something like that. And finally, responsibility. The American gun companies are really great at this. They make the guns that are used for 278 high school killings in the last two years.  Have you heard that argument before for many technology companies? Facebook is the place where all that stuff happens, but how people use that, it's not our responsibility. That's got to be the cheapest answer you can possibly think of. I mean, if you build something, you are responsible for how people are using it. If it works, now it does work. So the number six principle is that we have to include the externalities of our business. In the oil business, the externalities were pollution. And they were not part of the business model. In fact, the oil company said, well, if we're drilling California, I will give a couple spills and make things a bit more. But that's not our business, because we just sell the oil. In the digital business, what is externality? Aptication, loss of responsibility, unskilling, addiction, and we're only at the beginning of we're laughing about this today, because people don't know how to use maps anymore, because they use Google Maps, right? Facebook, 2012. Zuckerberg's proud paradigm inside Facebook, move fast and break things. And God knows they've broken all the stuff. In fact, you could say they've broken the meaning of friendship, because now it's just about liking. You get like them. So here we are, Facebook 2018, and now Facebook is broken. Loads and loads and loads of people say, this is one of my articles, right? It's time to regulate Facebook, and then we have all these articles saying, this is serious downward spiral, their stock market is plunging, and basically all the changes to the newsfeed. And then some guy, I think it was at Davos, who said that they're like cigarette companies that's selling addiction. So I'm not sure what to think about this, because I use Facebook, but it's a typical example. How do we get to that point, and what do we do about this? I think for our democracy and for our lives, this would be a very bad thing, right? If we're going to live inside of this bubble that feeds content based on algorithms. I think Mark Zuckerberg needs to come and say, we need to reset Facebook back to human values. Whether he can do that with a stock market, unlikely, right? Because they want him to continue on this, sort of cheating the world, right? So I think we can safely say that today, to a very large degree, technology is the new religion, literally. And Google is God. And I think that in some ways we can laugh about this and say, yeah, I can pull it away still, but imagine this world with augmented and virtuality, where it's going to grow like this. Imagine a world where this is all you do to get advice. This is how you do your banking or your taxes or your voting, right? In fact, you can just let it vote for you. And addiction, right? Where you just, you know that feeling when you get a like, right? So somebody liked you. That's like a dopamine shot. I mean, Facebook has a couple of hundred psychologists working on this to make it better that we come back and get another shot. I mean, it's hard to believe, but all right. So last principle is leadership in digital ethics. That is a key competitive advantage. It's not some punishment to be ethical. You know, Bertolt Brecht used to say, dinner first, then morals, right? We had our dinner now. We have a huge digital economy. Now we have to think about how we can keep that human, how we can deal with this. I mean, if everything is moving into the cloud, right? Literally everything. And you know, this is what the Mobile World Congress is all about, right? Connectivity, data, good things. But how do we balance that to be secure, safe, human? Do we still have room here for imperfection? And how would we do that? I mean, to be fair, of course, I'm sure you agree with me on this. Humans are the most imperfect, the most inefficient things you can imagine. We have to sleep, we have all these breakdowns, we change our mind, we lie, we make stuff up, we make mistakes, we screw up all the time. So what's our future of this? You know, where are we going with this? Key question. Here you see on this grid, the most powerful technologies in the world that are bound to make hundreds of trillions. Artificial intelligence, robotics, biotechnologies, the Internet of Things, sense and network. And interesting about this grid here from the World Economic Forum is that on the top right is where you have the most powerful and the most dangerous at the same time. Well, that's quite obvious, right? So how do we balance this? And I would say that it would be used as far as to say, well, we shouldn't do that, it's too dangerous, well, that's not gonna happen, right? I mean, this is the new galaxy, right? This is the new things that we're gonna do. So I think that's the question. Would you agree that we have an ethical imperative to make sure this power is actually good for us? And if we do, who would understand this? I mean, by and large, most politicians are hard-pressed to read their emails or maybe have them printed, but talk to politicians about artificial intelligence or so. There's a huge gap between what we see today and what's possible tomorrow. That has to be fixed. I think Barcelona is looking at this very strongly. I think that's a good thing. Young people, women and people who understand technology, that's definitely the way to go. Oh, there is one more principle here, in fact. Okay, so wrapping this up, coming to the end of this, what is happening with work clearly a big challenge? Our future is human-only work. In the old days, we used to toil in the agriculture and then we had tractors doing that for us. And now in the future, we're going to move to a world where basically anything that can't be digitized, automated or virtualized will be. Anything. Bookkeepers, fast food, truck drivers, airplane pilots, financial advisors. The other day I saw a great demo of a dental hygienist robot. That sounds very dangerous. I have to admit I wouldn't try it myself. But in Dubai, you can fly in a drone, right? You can hop in a drone and be flown around. I mean, that is one crazy idea, right? But so a lot of people are saying, that will make us useless. I don't agree. I think because that is the flip side of the whole thing is that anything that cannot be digitized or automated becomes extremely valuable. And that is 95% of our lives. I mean, that's, we're fair about this.  We live in a whole different place. And all these things, as Moab Etch said, what's very hard for a computer, it's very simple for a human and what's very simple for a human is hard for a computer. Or vice versa. You understand what I'm saying. I said the same thing twice, but that's fine. So look at these attributes. Would you rather have your kids have empathy, creativity? Or would you rather have them a degree in programming? Hey, if they can have both, great, right? That is also possible. So here's a short speech by Jack Ma, only about one minute, at the World Economic Forum. Education. It's a good challenge. You turn this up. If we do not change the way we teach, 30 years later we'll be in trouble because the way we teach, the thing we taught teach our kids. Other things, past 200 years, it's knowledge-based. And we cannot teach our kids to compete with machine. This is Jack Ma, the CEO of Alibaba. It's interesting for a Chinese tycoon to say that, right? But the message is totally clear here. Compete with the machines, word toast. We can do that today, because the machines aren't happening yet, quite yet, right? But a lawyer that does non-disclosure agreements and e-discovery, you think that lawyer is gonna have work in five years? You can forget that. It's just as certain as music is in the cloud now, not on the CD. So we have to think about how we can reproportion and the World Economic Forum is a great graph of how the skills are changing. And that's what we have to teach our kids, right? Critical thinking, creativity, emotional intelligence, cognitive flexibility, and how do they learn that? Do they learn that by being an MBA? They may, at a good school. Would they learn that by traveling in India for half a year? Definitely. Otherwise, they wouldn't survive. So it's different skills that we have to teach our kids basically on that balance, right? And how do you teach a cue? Well, you can't teach a cue. This is something you acquire by action, by interaction. As I always like to say, you know, basically things don't happen in presentations. They happen in conversations. This is a different part of the brain where we go inside and figure out what the next step is. So the final one, in this digital future that we're looking at, where everything is connected and that's basically not stoppable. It is our humanity that makes the difference. Right now, if you're bad in tech, then you're in a good club. Most people are, most companies are. In 10 years, everything will be connected. Everything will be efficient. And just by saying that you have an efficient business is not going to make any difference. Everybody will use technology. This is what we have to think about. How do we put the human back inside of technology? On top of technology. Not how we stuff technology into everything that's human. So we replace the doctor, we replace the therapist, we replace a visit by Skype. So it's a question of balance. You know, how do we go forward with this? So my conclusion is a key takeaways. First, a couple of things from the talk already. Point number one, we'd have to develop a future mindset, a mindset that is exponential. And it doesn't matter how old or how young you are, it doesn't make any difference. You have to understand the future because the future is going to happen so fast, you think it's only a week. And we're going on this ramp now.  We're looking at the end of routine. The future of work is humanity on top of technology. Look at your job and say, anything that's routine, outsource it. Let somebody else do it, let the machine do it. Data is the new oil. We have to think about how we regulate this and what we want. And I foresee a lot of these companies either being broken up or being forced to change their practices or being more transparent. But this is a huge battle, right? Because we're talking about very, very serious industries. Thought leadership and digital ethics. This is a great spot for Spain. This is a great spot for the Mobile World Congress. It's not enough to be connected. You know, I've been doing mobile work and working with operators for 15 years, and they always talk about how great it is to be disconnected, to be connected, right? But I'll tell you a funny story, you know. In the countries where you're not connected, you have no greater wish than to connect. And in the countries where you are really connected, you have no greater wish than to disconnect, right?  It's like, ah, you know, I can be left in peace. Some of us, at least. So we have to think about what does it mean to be human in this digital world? Is connectivity the holy grail? I think it has to make more sense than that. Number five, embrace technology but don't become it. Technology should serve human flourishing. It is not the purpose, it's the tool. Very important to keep that in mind. So I'll leave you with this admonishment at the end, whether our future is heaven or hell, is up to us. We have all the tools, we can make it heaven, we can beat diseases, we can switch to renewable energy, we can create an equitable world, technology will allow all of that. But on the other side, we have to tell it what it should not do. We have to make sure that we can still remain human in this context. So bottom line is really between those two poles, right, good technology, bad technology. We have to invest as much in humanity as we invest in technology. That's the key point. And I think if we invest a lot in humanity, we're also going to get better returns in general. Because it creates sense and makes sense for everyone, it creates better brands. When I thank you for your time, Bella has run, so I gotta go. Thank you. Thank you.


The Three Masketeers by Alessandre Dumas, narrated by John Lee. This unabridged audiobook was produced in the year 2008 by Tantor Media Incorporated, which holds the copyright there, too. Author's Preface In which it is proved, notwithstanding their names ending in os and is, the heroes of the story which we are about to have the honor to relate to Alessners have nothing mythological about them. A short time ago, while making researches in the Royal Library for my history of Louis XIV, I stumbled by chance upon the memoirs of Monsieur d'Atenion, printed, as were most of the works of that period, in which authors could not tell the truth without the risk of a residence, more or less long in the Bastille, at Amsterdam by Pierre Rouge. The title attracted me. I took them home with me, with the permission of the Guardian, and devoured them. It is not my intention here to enter into an analysis of this curious work, and I shall satisfy myself with referring such of my readers as appreciate the pictures of the period to its pages. They will therein find portraits penciled by the hand of a master. And although these squibs may be, for the most part, traced upon the doors of barracks and the walls of cabarets, they will not find the likenesses of Louis XIII, Anne of Austria, Richelieu, Mazarin, and the courtiers of the period less faithful than in the history of Monsieur Anquetile. But it is well known what strikes the capricious mind of the poet is not always what affects the mass of listeners. Now while admiring, as others doubtless will admire the details we have to relate, our main preoccupation concerned a matter to which no one before ourselves had given a thought. Datagnan relates that on his first visit to Monsieur de Treville, captain of the king's musketeers, he met in the antechamber three young men, serving in the illustrious corps into which he was soliciting the honour of being received, bearing the names of Athos, Portos, and Aramis. We must confess, these three strange names struck us. And it immediately occurred to us that they were but pseudonyms under which Datagnan had disguised names, perhaps illustrious, or else that the bearers of these borrowed names had themselves chosen them, on the day in which, from caprice discontent or want of fortune, they had donned the simple musketeers' uniform. From the moment we had no rest, till we could find some trace in contemporary works of these extraordinary names which had so strongly awakened our curiosity. The catalogue alone of the


With forward pay from Appalachian Wireless, you'll avoid contracts and credit checks while taking advantage of some awesome perks, like unlimited talk, text, and three gigs of data for just $44.99, or with five gigs for a mere $59.99. Forward pay, that's today's Appalachian Wireless. October is Breast Cancer Awareness Month and this past Friday night, a Pike County high school football team and its cheerleaders adopted pink as their school color for a special occasion. This is a school-wide event, it's not just what we're doing with the football team but our cheerleaders are involved in the girls basketball team and we just want to lead that push to show everybody that there needs to be awareness, there needs to be more people involved in a Breast Cancer Awareness event like this. Before the game started, the team honored Elkhorn City optometrist Dr. Mary Ann Belcher who was recently diagnosed with breast cancer. Belcher is no stranger to the players or the cheerleaders and she's known throughout the county as a huge supporter of East Ridge High School. Yeah, that's something special I think about our area here with Elkhorn, Millard and Fetch Creek all together. We've all kind of come together for Mary Ann Belcher and try to get behind her and let her know that she's not alone in this fight. Before Friday night's football game, as she was standing on the 50-yard line surrounded by the players and the cheerleaders, Dr. Mary Ann Belcher realized she truly will not fight this battle alone.  No! Belcher was presented with a pink helmet signed by the entire football team as a reminder of the support she's receiving from not just her family and friends, but the entire community. Reporting in Elkhorn City for EKB News, I'm Shannon Deskins.


Aloha, I'm Jay Fidel of ThinkTech Hawaii. We're calling all viewers, hosts, and guests to help us in our Spring 2022 Fund Drive. Please help us provide our special platform and our special content to the community to find clarity in an uncertain world. We rely on the generosity of our supporters. Please donate to ThinkTech. Here's the button. Make it count. Do it in these difficult times. Do it for citizen journalism. Do it for the community and community awareness and understanding. Do it for ThinkTech. Thanks so much for your support. I'm Jay Fidel of ThinkTech Hawaii. Mahalo.


Hi everyone Joe for jaspyscasebreaks.com coming at you with 2019 2020 Panini opulence basketball one box random team break number 22 something Jason did the other night. So he remember if you watch that video he marked this box 22 So we all know it's from the same case very big.  I appreciate that So congrats again to the winners right here and thanks again to the people who bought spots straight up all 30 basketball teams are in Let's roll it. Let's randomize it five and four nine times for names and teams one two three three three four five six seven eight and Ninth and final time after nine we got Roy down to Gretchen Five and four nine times for the teams one two three four five six Seven and ninth and final time All right after nine we got Portland all the way down to the Pistons All right Roy with the trailblazers Jonathan with the Mavs Dimitri with the Kings Roy with the Rockets Robert with the Nets and the Sixers Is there a second one but thank you by the way Is there a second one by chance hang on let me Pause the video really quick here Actually, let's just put all the list entire list on one screen right there There you go. We're gonna pause the video. See if there's any trades and then we'll have the brakes to ground All right, welcome back folks. So that list you saw right there remains the same. Let's sort by column B By team let's box those up trade window close. Let's print. Let's rip Let's print and rip. Let's print that out. There's opulence 20. It's written right there too. It's opulence 22 and now I actually only looked at Jason's break of this to see if Just to see if he had marked the boxes which he which he had didn't But I don't know I actually didn't watch the video I don't know what was pulled in the first one. All right first one out of the gate is Nikola Melly Rookie 10 out of 10 for the pelicans that'll be That'll be for Dmitri with the pelicans He got the pals with last spot mojo last spot picked up straight up. There's the final print out right there We got gold auto Gary Harris city of a gold auto Gary Harris For Denver that's going to be for Steve Moser 12 out of 25 Jordan pool rookie auto nouveau riche For the Warriors Omar with the Warriors who won that spot in a been a filler pack break Jersey an autograph lot a divach Gold autograph memorabilia That's that's Lakers edition and that's going to go to Joshua Joshua cherry with that one 44 out of 49 We got this kid right here Jason kid Team USA gear 59 out of 79 Let's see where group rate checklist has him. I wasn't expecting this Team USA stuff here hang on Jason kid auto gold medal USA is a Mavericks edition of Jason kid card 17 No, it's just says gma k but gold medal Team USA autograph if I'm going to flip screens really quick right there. You see the Jason kid Dallas Mavericks edition that'll be for Jonathan and the Mavs Did Jason kid go to Cal? Is that where you say? I'm not good with the colleges We've got nouveau riche patch auto rookie patch auto PJ Washington It's a nice one for Charlotte Dimitri with a nice RPA Six out of ten on that one too. I think he's playing some good basketball this year All right, and the book Wow NBA Finals Golden State Warriors seven out of 18 Sean Livingston. Oh, that's nice from game two. That is awesome And this was actually from game to game used material from game to that's why the Warriors are so great in this break It's take another look Omar with the Warriors. It's his number right there right on the front That's pretty sweet, and there you have it ladies and gentlemen Opulence in the books. Thanks for watching. Thanks for breaking with us. I'll see you next time for the next break. Bye. Bye


Hello and welcome to NewsClick. U.S. President Donald Trump is on his maiden visit to India from the 24th to 25th of February. It's a short visit of 36 hours, but it's high on optics. And he's likely to sign a series of deals with India on trade, on defense. But it looks like, given latest reports, that the trade deal is off the agenda. But the defense deal is on. A lot of analysts think that it's a good thing that the trade deal is off because there were too many tensions. And the sort of defense deal being part of the agenda shows a continuity in the strategic partnership. To break down the defense deal, we have with us D. Raghunandan from the Delhi Science Forum. Raghun, welcome to NewsClick. But before we go into the details of the deal, I mean, just to put things in context. You know, it's argued that the U.S. is a declining power. Economically, you see it with its sort of recalibration on trade policy. It's pulled out of many trade deals. It's running the WTO down. But it is still seen as the preeminent military power. And in that context, how important are foreign sort of defense deals in sort of U.S. foreign policy influence? Yeah, well, we need to look at this both from a general U.S. policy point of view and U.S. policy under Trump point of view, which I think are quite different. In the pre-Trump era, the U.S. was really interested in projecting power in different parts of the world in making alliances so as to act as force multiplier for U.S. influence and reach. Trump's foreign policy is very different. He's not interested in alliances. He's not interested in military extensions far beyond the U.S. borders. For him, it's about money. So, he's in India looking for Indian purchase of military equipment and the more the better. As far as the U.S. influence is concerned, India would of course look at this from a longer term perspective. Trump is after all a transitional figure. At the most, he's going to be around for another four years. And India wants to cultivate the United States for a longer term strategic and defense partnership and will be viewing at defense acquisitions from that point of view. And the defense partnership for the last decade or so has been on an upward trajectory. You've seen India as one of the biggest arm purchases from the U.S. It signed a lot of agreements on logistics exchange. There are these military exercises. There's a communications and security agreement. Can you put this sort of the defense partnership and perspective in terms of what it means for India as added to the U.S.? In the broader picture, the U.S. is looking for a strong military partner in the Indian Ocean and the Southern Oceans area. Particularly with a view to containing China's growing influence and spread in this region. And was looking to India to partner the U.S. in this effort. Joining with Australia, perhaps with Japan, extending that alliance, etc. From the Indian point of view, India is looking for a powerful ally in the U.S. India is engaged in diversifying its defense acquisitions away from an over-reliance on Russian arms. And India had long been looking for an opening to acquire specialized defense equipment from the U.S. But which was not open until the Indo-U.S. nuclear deal was struck because India's nuclear posture was an obstacle from an American legal and strategic point of view. Now that that's been opened, you see in a sense the floodgates opening a bit as far as Indian acquisitions of U.S. military equipment is concerned. But again, as I said under Trump, you will perhaps not see this Indo-U.S. military engagement and relationship going very far. Because as I said, Trump is not particularly interested in that aspect. India is looking to expand its presence in this region. But I think you would understand as we have discussed earlier in Newsclick, India is currently hampered by a lack of funds to invest in the kind of equipment they would need for a greater outreach capability in the Indian Ocean region. And link to that reports indicate that it's quite a small deal in terms of the amount of equipment involved, money as well. And it's been a deal that's been long-pending. So can you just take us through the nitty gritties of the deal itself? What's on the table? I think it's important for us to look at what's on the table as well as what's off the table. What's on the table now is acquisition of a few helicopters for the Indian Navy. The Indian Navy has been short of helicopters on its various battleship platforms and has been looking for acquisitions for several years. It had shortlisted a few and from among them had identified the American Seahawk SH-40, the Sikorsky range of helicopters for quite some time. But negotiations had earlier broken down over prices. Now there's a reconsideration and now India thinks it has got what it wants. So that's one purchase but then we must keep in mind it sounds big because it's $2.0 billion but it's only 24 helicopters that we are looking at. They are very good helicopters, powerful, equipped with radar, avionics, etc. which will add to the naval capability in helicopters. The other acquisition that India was looking at from this visit is a missile defence system for the capital around Delhi which currently uses a Russian missile defence system which is somewhat old and perhaps not up to requirement in the current circumstances. So India was looking to the US missile system but I think that's a deal that's not going to get struck while Mr. Trump is here because India has been expressing its concern over the very high price tag. Currently the US is asking for something like $1.9 billion on this. India expects the price to be at a billion dollars or less. So that's a big gap in prices so I think that's going to be, you may have an expression of interest or an MOU signing pending price negotiations which will then fructify later. Trump will definitely come and push for the 114 fighter aircraft deal which came up in India after the Rafale deal was wound down from 126 to 36 aircraft. But all indications are within the Indian defence establishment that that 114 fighter deal is perhaps likely to go off the shelf for now. India is quite likely to acquire an additional bunch of Rafale aircraft in which case this 114 fighter deal I think may not fructify at all. So it's going to be a very restricted military deal but enough for I think Trump to go back to the US and say well I've come back with a good deal. I've got so many billion dollars out of this and more to come. So clearly as you underline it's a minor deal but in terms of conclusions I just want to get you to put this in context of Modi's big make in India strategy which includes a strong defence component as well. And in terms of do any of these deals have domestic manufacturing, transfer of technology? In fact that is what is notable about all the defence deals India has struck with the US. All Indian acquisitions from the US have been specialised US military equipment in necessarily small numbers because they are specialised equipment. You don't require them in the hundreds of the thousands. You require a few of them but they are powerful weapons or they are force multipliers like maritime reconnaissance aircraft, the P-8I series of maritime reconnaissance which India has acquired from the US. A couple of ships that India has acquired, a few specialised helicopters, the Apache helicopters, the Chinook helicopters and now the Seahawk. All these are in numbers like 20, 25, 30. So at scales of that nature none of them lend themselves to transfer of technology, manufacturing in India and so on. Which in any case is really outside the purview of most US military sales abroad. The US is not famous for sharing technologies, is not famous for co-production and even with its closest allies in NATO or with Japan there is only minor amounts of sub-assembly that take place in these countries. So even if India goes in for broader acquisitions from the US, the chances of that involving transfer of technology are I think very remote. And as far as making India therefore is concerned, I don't think any of these US acquisitions link up with that. There was some talk in this in the earlier 126 aircraft deal which Rafal finally won. And now in the maybe on, maybe off 114 aircraft deal that F-16 or something could shift their production line to India because they are closing down in the US. If that happens and that's a remote, if then there could be some boost to the make in India program, otherwise not. Thanks Raghu for underlining that you know the respective of the optics that you see in the media and from both leaders. It is really a small deal and sort of laying it within the context of make in India. Thank you very much. Thank you for watching NewsClick. We'll be back with more analysis post the Trump visit.