In this presentation, we will take a look at multiple choice questions related to cash and internal controls. First question, which is not one of the goals of internal control system? A. Protect assets. All rights to specified assets. B. Reliable accounting. Accounting. I don't know anyone in accounting. Three. Adherence to policies. D. Return on investment or E. Efficient operations. So once again, we'll read the question, read through them, see if we can cross any out with the process of elimination. Question is, which is not one of the goals of internal control system? A. To protect assets. So the internal control system typically is going to achieve some objectives. We would think some of those would be positive objectives. Protecting assets, I would think that that would be one of the core type of things that we want to do with internal controls. So I'm going to say it's not that one. B. Says reliable accounting. Again, a reliable record keeping might be more what we would think. So I'm going to leave that for now, but I think that I mean, it sounds like a good goal. C. Adherence to policies. So an internal control wants to help us adhere to policies. I think that is an internal control system. So I'm going to say that's not it because that's true. D. Says return on investment. And that's a good thing, but I'm not sure that the internal control is really designed specifically for the return on investment. So I want to keep that for now. E. Says efficient operations. And I would think that internal controls would be a form of system that we're trying to put in place to have efficient operations. So I'm going to cross that out. So what's with B and D reliable accounting and return on investment. So once again, the question, which is not one of the goals of internal control system be reliable accounting or D return on investment. And those are these are both two things that a company wants, of course, but the internal controls I don't believe is specifically designed for the return on investment. Whereas reliable accounting, that's kind of our goals here. So the internal controls while return on investment is a goal of the company. And hopefully the internal controls don't take away from that. We typically are looking at the internal controls to do things like protect the assets, seize the assets, have reliable record keeping or accounting to adhere to policy and have have the efficient operations through the process, which may lead to return on investments. But that's not typically the specific goal of of the controls themselves. Next question. Internal control system a eliminates the company's risk of loss. B monitors company and employee performance. C eliminates human error. D eliminates the need for audits or E eliminates the need for managers. So we're going to read through this one more time and see that if we can cross things off with the process of elimination, internal control systems. Now if we think about internal control system, and we just get an idea of what they are in our head, then it might help us to go through these and cross off certain information. So they're going to help us to achieve certain goals. We want to safeguard the assets. We want comply with policies and procedures with our internal control system. And we want to make sure that we're in adherence with laws and regulations. And the internal control systems can help us to do that help us to make better record keeping processes. So if we go through these eliminate the company's risk of loss. Now this one is pretty interesting because it says when we say eliminate, that's that's pretty definitive of a statement. So I'm not sure any internal control could eliminate the risk of loss. So it might reduce the risk of loss. And that might be unreasonable, but the word eliminate, I think is really going to say now that's nothing is is off the table, typically with a loss could happen be monitors company and employee performance. That could be an internal control. So we'll keep that for now. See eliminate human errors. And again, I think that eliminate word is really a human error might reduce human errors greatly by having checks and balances and computer systems. So if it said reduce human errors, maybe that would probably be good. But no, not eliminate eliminates the need for audits. And again, it probably doesn't eliminate the need for audits. We might have a nicer audit if we if we have good internal controls. But I don't think so. And then eliminate the need for managers. Well, obviously the managers are going to be part of the internal control system. So I don't think they're going to be within the process not eliminating them. So I think clearly just that that word eliminates pretty much eliminates with four of the five choices. So I think B is going to be the answer here. Question and answer internal control system B monitors company and employee performance. Next question. If an internal control system is designed well, it a means we are not using a computer system be guarantees profitable operations. C eliminates the need for review. D requires the use of non computerized systems. And he reduces the company's risk of loss. I'm going to read through this one more time, see if we can eliminate some of the awesome options with the process of elimination. If an internal control system is designed well, it a means we are not using a computerized system. So an internal control system may, you know, not use a computerized system, but computerized system could be used as well within the control system and could benefit greatly to it. So I don't think it's that be guarantees profitable operations. And again, that really definitive word of guaranteeing profits is not it's not really the objective internal control to guarantee profits. It's not even the really the objective to increase profits likely. It's really to safeguard the assets and safeguard against losses. Oftentimes, it's probably going to be helpful for long term profits, but that's not really the specific objective of the internal controls. Really, the internal controls are really to improve the operations and monitor the processes which could increase assets, but it's no guarantee. C says eliminates the need for review. And again, a review process within internal controls is probably going to be part of the internal controls and an external review would not be necessary eliminated from from good internal control. So again, that eliminates word is probably dequalifying that D requires the use of non computerized systems. So again, internal controls doesn't mean we're not using a computer that we might have less of a paper trail with computers, but we can adjust for that in some other ways. So that's not it. So E by the process of elimination seems like it's got to be it and it says reduces the company's risk of loss. Now let's so let's read that one more time. If an internal control system is designed well, it E reduces the company's risk of loss. Now note that if we just changed this word to eliminate the company's risk of loss, it would not be correct. But reducing the risk of loss could be an objective, especially if we're trying to safeguard ourselves and against assets being stolen or fraud that could certainly reduce the risk of loss. That's one of the objectives of the internal control system.


All right folks the sales charts are in for Japan the media create sales from week 29 to 2018 from July 16th through July 22nd and the Nintendo switch owns the top seven spots in the chart Nintendo based systems actually with games on the top 13 spots or top 12 sorry top 12 spots on the chart and what I find interesting about this is Is that last week's private prior number one game autopad traveler that moved Oh 110,000 units or so during this launch week had a massive drop off an 80 drop off in the second week of sales Down to 22,438 which puts it at the number two spot now What we have heard is that autopad travelers sold through 90 of its initial launch stock And we heard they were not going to be able to restock the game fully in japan Well, guess what until august so I drop off in week two I suppose was suspected because they only had so many copies left out there to even buy and while they did put out A mini restock of it during the second week We heard that restock was practically sold out before the stores even opened So yeah, I expect maybe even another drop off in week three until they can get a bigger You know 100,000 unit style restock in sometime in august and at that point We might see autopad traveler get a massive bump in sales I would hate to see this game drop off a cliff just because people can't buy it at this point It has sold 132,550 units in japan and we would like to see it, you know Continue to climb because I I'm not going to say autopad traveler is perfect. I haven't made a video about it yet I want to make a video about it soon. I'm not going to say autopad traveler is perfect But games like this need to you know The demand for these games needs to be met That way developers like square enix and even nintendo themselves can see the clear demand For these kind of games that the industry seems to have thrown out and said we don't want so Yes, let's get a restock. Let's see what this game can really sell that being said Let's go over the rest of the charts you know So what debuted at number one was also a game for nintendo switch by bandai namco called teco No, tetsujin drum and fun. It debuted with 69,984 units at the number one spot Pretty good debut for that game At number three. Splatoon 2 is holding strong It showed a seven percent growth week on week at 21,913 units for those wondering there are 2,469,695 Splatoon 2 Copies sold in japan at the number four spot is captain toad treasure tracker, which did see a 51 drop Pretty typical It dropped down to 20,547 in its second week for a grand total of 62,399 at number five We have mario tennis aces which saw a 10 drop to 19,709 giving it a grand total of 247,161 units at number six. We have the nintendo switch version of minecraft physical copies 16,265 sold That's an eight percent growth week on week for a total of 138,051 units at the number seven spot It was also at the number seven spot last week just holding you know holding steady is mario kart eight deluxe It sold 13,435, which is an 18 bump So it is now sitting at 1,641,109 units at the number eight spot is pokemon ultra sun and ultra moon continuing to chug along Saw a six percent growth week on week at 7,554 units to sell 1,676,067 units At the number nine spot is captain toad treasure tracker For the 3ds That saw a 51 drop off as well just like the switch version down to 7,188 to move 21,746. Does this mean the 3ds is dead? 3ds might be dead in japan anyways at the number 10 spot is Breath of the wild a launch game still sitting in the top 10 Was it number 10 that last week holds fast at number 10 this week? 8 bump in sales to 7,173 for a grand total of 1,050,891 Man best selling game of all time for zelda in in japan. That would get wow Anyways at number 11. We have kirby star allies They sold it's actually saw four percent bump in sales and it sold 6,407 units last week for a grand total of 566,171 Super mario odyssey is sitting at number 12 And that sold 5,695 units a 14 growth for a grand total of 1,770 to 1,133 units Then we have a special four titles to kind of break up the streak of nintendo games And then it just goes right back to the nintendo games all over again after detroit became human At number 14. We have animal crossing new leaf Welcome amiibo Edition apparently at sold 4,354 for grand total of 425,839 At number 15. We saw nintendo label toy com one. This is actually a big jump because it was at number 21 the week prior Somehow must have got some sort of sales bump and is now at number 15 The variety kit is the most popular of the nintendo label toy cons It sold 3,842 units for a grand total of 205,809 At number 16. We have dunkey con tropical freeze for the nintendo switch It saw a 7 drop off to 3,378 for a grand total of 193,709 Probably going to move you know between the 220 230 In terms of grand total once they're done selling that Followed by a slew of play station four games You got you know at number 17, 18, 19 or three different play station four games And then it rounds out at number 20 with mario kart 7 for nintendo 30s moving 2614 If you're actually wondering how well mario kart 7 sold on 3ds in japan it moved 2,903,441 units So nearly 3 million very impressive indeed For if you didn't understand that there are 12 nintendo switch games in the top 20 for 3ds for play station four all right, so Next up we also get a hardware update for sales sales grew again So last week we saw sales grow by about 7,000 units to move to 50,239 for nintendo switch This week we saw sales grow to 53,745 Technically, this is about 45,000 less than at the same week last year But What I don't know we didn't have a major release So like a major release is going to bump sales. I do think what's nice is that for two weeks in a row There's been two Desired games releasing on switch and if this trend keeps continuing I think that 53,000 numbers just going to continue to grow every single week We could be back over 100,000 units before the holidays that would be that would be special especially if it happens before pokemon and before Super smash bros is here anyways Year to date it has sold 1,365,000 units 361 at the end there That is a little bit ahead of last year's pace although it's of note obviously last year didn't launch till march So there's a couple extra months of data in there for switch a lifetime to date in japan This is just japan We're at about a year and a half or so of this being on the market nintendo switch has sold 4,677,980 units The playstation 4 for reference is about 2.3 million Ahead of that so nintendo very well could catch and overtake the playstation 4 Within a year at this current rate and who really knows if and when it will catch the 3ds Which you know 24 million units just crazy numbers It's definitely going to pass the vita lifetime sales maybe even before the end of the year And uh, well does anyone even pay attention to xbox it is notable that xbox did see a bump in sales this week Pretty big bump. They sold 79 units last week to 765 so That's that's one of the biggest growth periods. I've actually seen for xbox it almost moved 1,000 units. That's wow good for them um Anyways, uh 3ds itself the total 3ds family of systems sold 11,577, which was a 4,000 increase I'm not sure why there was an increase. I don't recall any major 3ds games coming out But it's only 4,000 units about the same increase that switch got so There you go, uh playstation 4 was obviously at number 2 It saw a little bit of growth as well going from 17,000 point 17.5 thousand the week before to 20 309 So there you go sales on the whole seemed to be up just across the board even playstation vita had a hundred more 165 more units sold in the prior week. So all very interesting stuff. What does it mean? Not a whole lot It's just japan But it does mean the switches continuing to at least maintain its momentum The big thing I feel like for nintendo at least until they get some really big heavy-heading titles out like pokemon and smash or dare I say an animal crossing game Animal crossing is like still like an offshoot of it is telling still well on on 3ds like I what anyways, I don't even know if japan could handle A year that has pokemon smash and animal crossing in it. I I don't even know if they're uh Their consumer base can handle that that it would be maybe a record-breaking sales here for switch but The interesting thing here is that switches momentum is not slowing down Is consistently sold between 40 and 50 thousand units every single week since it's debuted it it has sold more Obviously we've seen peaks, you know over 100,000 and stuff like that But reality is that it just doesn't seem to ever dip below 40,000 regardless of the lack of games Or the games that do come out that aren't big hitters. So I'm just thrilled. I can't wait to see where switch sales grow from here All I know is it's nice that we get these week-to-week numbers in japan. I I wish I wish the npd Or some other organization would provide week-to-week sales here in the united states and in canada and mexico It would be very interesting to see what week-to-week sales are in north america instead now We don't even get sales numbers anymore, but yet in japan. We do I wish this would be a thing We even get numbers for the uk. It just would be nice if the united states and north america on the whole would just adapt a A system that would allow us to have these weekly sales Anyways, uh, you guys let me know what you think about all these sales down in the comments below I'm Nathaniel over jf from the center prime and if you like this video You know what to do and if you dislike the video hit that dislike button Subscribe for more content and I'll catch you in the next one


Okay, everyone, before we get to it, I want to let you know that I'm in the process of recording a much longer than I thought video analyzing a single quest line from the Witcher 3. After getting myself pretty hyped reading about Cyberpunk 2077 during E3, I started playing the Witcher again and the writing in the Bloody Baron quest line was so good I had to do a video on it. I've also got a video in the works about a few cool little games I got during the Steam Summer Sale, and I've got stuff on Dead Space 2, Borderlands 2, and Mass Effect rolling around the old brain. I'm also going to do a Destiny 2 video about only heroic strikes and how terrible they are. But today, let's talk about Fallout 76 real fast. The game that looks like a Fallout game and which Bethesda keeps saying is a Fallout game, except when they point out just how much it's really not a Fallout game. And as always, if you like what I have to say or how I sound saying it, like, comment, yadda yadda yadda. So, out of all the E3 hype stuff, I found Bethesda's presentation the best and also the weirdest. Prey DLC, one of the best games the last couple years, and Rage 2 both look great. But after that, everything that was shown was either something that's almost certainly coming out in the next generation, like Elder Scrolls 6 or Starfield, both of which only have logos at the time, apparently, or they come with some pretty big caveats. Like, they showed an Elder Scrolls game that's on mobile devices.  And why would I play a game on my phone when I can play a game on my PC or my console? I mean, at work, I'm usually working, and while I'm commuting, I'm driving, and I don't really wait on lines because I hate lines. But then on the other hand, I think it would be really great if better games started to be made on mobile again.  So yeah, that's pretty cool. There's a new Wolfenstein game. And while both of the new Wolfensteins had really, really great stories, they also had pretty average gameplay, with the first one being better than the second one, in my opinion. There was the new Doom game, which is probably still a couple of years out, considering they didn't show anything of it, meaning that, at the very best, we'll see gameplay at next year's E3 and have it released sometime at the end of 2019 or in early 2020. And then, of course, there's a new Fallout game. Yes! Is it developed by Obsidian? Cuz that would be fucking- Oh. Oh. Oh, it's an online multiplayer survival game? So when I first read the leaks about what this game was, I became immediately skeptical. Then Todd Howard started talking about how it's totally a Fallout game, with a story and everything. But then I heard there were no NPCs. But then we heard there'd be quests. But then we heard there'd be very little dialogue. And on and on and on. So at the end of the day, I still don't really know what this game is. And that leaves me pretty anxious that this isn't going to be what I want out of a Bethesda Fallout game. I mean, if it was, wouldn't they have just made it clear what the game is? So let's do a little thought experiment here, OK? When you think of a Bethesda Fallout game, what are the important systems that make a Fallout game a Fallout game? If you're anything like me, you'll have a short list in your head right now, a large open world, a heavy focus on exploration, hundreds of NPCs to talk to, lots of side quests, lots of dialogue options and conversations, a story that requires you to pick a faction. You'll probably think of the VAT system, of great environmental storytelling, RPG progression systems, companions. Way, way, way down the list will you probably start thinking about FPS combat. You certainly aren't thinking about online multiplayer combat. Even in Fallout 4, where the series had its best FPS gunplay ever, it still only rose to the level of decent. And from everything we've heard, this game will not have NPCs. It won't have a central focus on story. It won't have dozens of narrative side quests. It won't have factions to rely with or oppose. It won't have companions. It won't have dialogue. It won't have the VAT system. Is that still even a Fallout game? What I'm getting at here is, when I think of a Fallout game, quests, story and conversation are foundational elements of the game. When I told my wife about Fallout 76 and I said, well, it's not going to have any conversations, she said, isn't that what the whole game is? Hell, you can create entire builds based around charisma and speech if you want. When I want to play Fallout, that's what I'm thinking about. I'm thinking about the dozens and dozens of interesting little side quests and characters. The lack of a good dialogue system was one of the great disappointments of Fallout 4. But the solution to that was a better dialogue system, not a Fallout without it. Does anybody play Fallout mainly for the combat? If this game was just Fallout 5 with the ability to play with other players, I would be fine with that. But I'm not convinced that this is going to provide anything like the experience I expect from Bethesda Fallout game, or any of Bethesda's big RPG games. Now it's true that the moment-to-moment gameplay loop of Fallout 76 may be quite similar. A big part of Fallout's appeal is certainly wandering the wasteland, exploring and finding interesting little things. And certainly the text and audio logs are always a big part of the game's appeal. But meeting characters is at least as important as reading text logs and completing interesting quests for interesting characters is half of what drives the player exploration. I'm just not sure how much I'd really be driven to explore a Fallout world without a compelling main quest to push me through it. And a Fallout game without NPCs or dialogue or companions or a focus on interesting stories sounds like a game with at least half of its appeal missing. There are an awful lot of multiplayer games in the market and almost all of them have rock solid combat as their main feature. Fallout has never been more than a passable FPS. In fact, I went back recently and started playing through Fallout 4 again and the combat has not aged well. At the time, I think everyone was pleasantly surprised at how the FPS mechanics were much improved from previous games. But that's just grating on a curve, man. Is the combat in Fallout 4 better than 3 in New Vegas?   By the end of the game, you've gotten enough good weapons that the FPS combat becomes fine. But this isn't just a single-player game. It's apparently a multiplayer FPS game with no vats at all. This sounds like a recipe for frustration to me. If I'm stuck with low-level weapons and another player has much better weapons, that is not a balanced multiplayer experience. Anyone who has played a lot of multiplayer shooters knows that balance is crucial. You have to feel like when you are killed, it was a result of your skill or your strategy, not because this guy spent time grinding to get a 10-time better weapon. Now, as always, much will depend on the matchmaking that Fallout 76 uses. But even there, has Bethesda ever had to make a matchmaking system? I can't imagine how the FPS combat in Fallout 4 would be a fun multiplayer experience. But my anxiety about this game goes beyond just the fact that I'm not sure I'm interested in what this game has to offer. You see, it makes me kind of sad that instead of using the engine and assets to get another real Fallout game out or to have someone like Obsidian or another developer make another Fallout game, they decided to make this. For all of their faults, like broken quests and bugs and ridiculous loading times and floaty combat and unsatisfying endings for the main quest, even with all of that, Bethesda Fallout games are still some of the best games released. The care the developer puts into grading their worlds makes the games a pleasure to explore. And the world is always filled with interesting characters and quests. But now I'm worried, kind of like how Elder Scrolls 6 was pushed back probably years because of the relative success of Elder Scrolls Online. I'm worried that if this game is a success too, there will be much less incentive to get to work on a new real Fallout game. Bethesda's Fallout games are notorious for being played for years by players. There are tons of YouTube channels that still exist mainly to play and talk about Fallout 3, Fallout 4, Skyrim and New Vegas. So Bethesda can put less effort into making a Fallout game by having much less writing, animation and voice acting to do while simultaneously being able to monetize the game for years after release. It seems like a real possibility that this game will mean Fallout 5 comes much later than it otherwise would have. If people like this game, if they play it and dump money into it, that sends a message to Bethesda. It says they can make the same amount of money off of a Fallout game with much less work and investment required. They don't even have to start developing the next one until this one isn't selling any more power armor skins. Bethesda, rightly, takes a long time to make their big games. It looks like Elder Scrolls will skip an entire generation. And if this game succeeds, it's quite likely that Fallout 5 will be a very long time away. Now all that said, I'm going to buy and play the game out of curiosity if nothing else. And maybe I'll like it, but honestly, I have never really understood the people who said a Fallout MMO was something they wanted or a multiplayer Fallout game. Fallout is a big, messy, single player RPG. The loneliness of being in the world is half of the appeal. It's a game that revolves in great part around talking to NPCs and completing interesting story missions. I have never turned on a Bethesda game, really any Bethesda game ever because it was all that fun to shoot things in them. So a Fallout game that has no NPCs, no stories, and has the possibility of other players coming along and killing me while I'm enjoying exploring the world, it just doesn't sound fun to me. And worst of all, it has the possibility of changing the way Bethesda thinks about Fallout. If this succeeds, does that mean we get a multiplayer Elder Scrolls? Bethesda is one of the last developers that is fully committed to deep, large, single player games. It feels like this could be the start of Bethesda losing a little bit of what makes them special. And that makes me nervous. Hopefully they proved me wrong. All right, bye. See you soon.


What is going on everybody, Astos here. Welcome back to another video. So in this video, we're going to be doing an overall market update, looking at the Dow Jones, the S&P 500 and the Nasdaq. We're going to be talking about one trade that I made today on the 29th of January in 2019, as well as taking a look at Apple's earnings guys. Apple is the company that we've been waiting for over the past couple of weeks to report their earnings and they are finally here. We're going to be taking a look at some nitty gritty numbers. So stay tuned and the next couple of minutes we'll get into that. And of course, we're going to be talking about some other stocks, some other ETFs that did very well today. So before we do get into all of this, feel free to smash that like button if you guys do enjoy and find value in the content and really does help my channel grow. And I do appreciate you guys to the fullest if you do smash that like button. So let's get into it guys. Without further ado, starting off here with the SPX, also known as the S&P 500, the 500 largest US companies are right here guys. And we can see at the close of the market today, not too crazy of movement in terms of the three major indices right the SPX was down around 0.15% down around $4 the Dow Jones was down around or up around $51 rather up around 0.2% on the day. And the NASDAQ guys you can clearly see it's up the highest right now. These are the futures that are currently still moving. And with Apple stock flying up at the close of the market, this is obviously pushing up the NASDAQ futures. And we can see these are currently up around 56 points up around 0.84% guys. So in terms of, you know, this overall 180 day four hour chart, what we've been talking about over these past couple of videos is the resistance under the 180 SMA. And as of right now guys, you know, in terms of the SPX, this resistance is still intact. And we've seen it got rejected here back in the beginning of December, back in the beginning of November, and in the middle of October on three separate occasions, we've been rejected here, and we've pushed down in price. And as of now guys, we double top in the SPX at around $26.75. We talked about this in yesterday's video, but just to quickly recap on that right now, a double top in any future, you know, stock, index, ETF is a bearish pattern and could indicate some downside to come, right? And on the 20 day one hour chart, we can see this on a closer basis, right? We topped off at $26.75. We pulled back, held that 50 SMA as a support. We pushed out of this bullish pennant right here a couple of days back, but we failed to break that 26.75 resistance, double topping here, getting rejected. We broke that 50 SMA, that support that we were just talking about. And that's again, another big sign that we could be heading down right now in the SPX. And with the trading, you know, with the day today being flat in terms of trading, closing the day, only down a mere $3, you know, this is a good sign that we are continuing to further push down. And of course, guys with Apple pushing up very heavily right now, this could have a fluctuation on the market tomorrow as well as some other stocks that are doing well here after market hours. So that's what the SPX is looking like right now, guys, we are still technically in that downwards trending pattern on the 184 hour chart due to us still trending below that 180 SMA. So in terms of the Dow Jones guys, very similar, right? We're trading under that 180 SMA here on the four hour chart. And on the 20 day chart, we didn't double top like we did in the SPX, we pushed to a higher high. But the fact that we're having trouble getting above this resistance right here at around 24,600 ish, right? That's a good sign that we are getting rejected, slowly starting to reverse and could see some more downside in the next couple of days, right? And of course, we talked about this yesterday, but again, just to reiterate it in this video, we have the support here on the Dow Jones at around $24,300, which is a very critical level to keep an eye out for. And you know, we're kind of trading in this horizontal pattern. So we're getting rejected here. Like I said, and the next spot we could be headed to is that 24,300 support. And if we do break that guys, that's going to be a continuation, you know, continuation pattern to the downside for the Dow Jones and the selling could start to kick in at that point guys. So keep an eye on the $24,300 level in terms of the Dow Jones and on this NASDAQ composite guys, very similar to the Dow Jones. We're trading in the horizontal pattern here, but in terms of the NASDAQ, we're trading between $6,600 up to around $6,800. We saw a bearish pattern here from the double top at around $6,800. We capped out here, we broke that 50 SMA here, right guys? We tried to push back up, ended up getting capped out again at $6,800, forming that double top formation. And now we're trending on top of that support roughly at around $6,630. That's where we ended up getting down to today. We held above that. We can clearly see now, you know, the futures are almost back up into the $6,700 range. So keep an eye guys on this support. If we do break the $6,600 support in terms of the NASDAQ, that could be a good signal that we're going down, we're selling off. And the downtrend in the NASDAQ and the overall market is continuing guys. So in terms of the overall market right now, we're at very critical spots, you know, like we've been in over the past couple of days, right? We're at rejection zones for the SPX and the Dow Jones. The Dow Jones at a critical, you know, in a critical horizontal pattern, which is either going to push it to the upside or the downside, same exact thing here with the NASDAQ. So keep an eye on all of these levels, guys. Super important in terms of the overall market. So let's quickly talk about Apple guys. I know a lot of you guys want to talk about Apple. Drop a comment down below. Let me know what you guys think about their earnings report. I have some notes right here on my phone that I'm just going to talk about very briefly, just really giving us a gist of their earnings report. And we're going to talk about some different products, as well as some emerging markets and the performance of Apple in China. So overall, guys, again, I'm reading off my phone here, Apple. EPS, they brought in $4.18 versus $4.17 expected by the analysts. So they beat on EPS on revenue. They beat as well, bringing in $84.3 billion compared to $83.97 billion. And now let's break down some iPhone revenue versus the service revenue for Q1. Okay, iPhone revenue, like we expected, was down. They missed $51.98 billion versus $52.67 billion. The services revenue guys, which did very great from the year-over-year perspective today, reported $10.9 billion in revenue versus $10.87 billion in revenue expected. That's a 19% year-over-year increase in terms of the revenue. And again, a lot of you guys know that the services revenue, the services business is one of the quickest. And one of the biggest catalysts in Apple's business, right? It's one of the growing sectors in the business. And I think there's a lot of bright room in that business in the future, guys. Drop a comment down below. Let me know what you guys think. So getting into, you know, some more product sales, some more product revenue. iPhone, $51.98 billion versus $52.67 billion. All right, we already said that. Apple, Apple iPad was $6.73 billion in revenue versus $5.9 billion. So iPad beat. Mac also came right in line with earnings expectations. $7.42 billion versus $7.42 billion expected. And the wearables, home and accessories, $7.31 billion versus $7.33 billion estimated. So out of the main products, guys, the wearables and the home and accessories business missed. That's the only one that missed analyst expectations, right? And also iPhone. So iPad and Mac did very well. And of course, services did very well compared to the iPhone and compared to the wearables, home and accessories. So another thing I want to talk about very quickly is the loss of revenue in China, guys. So $13 billion in revenue from China this quarter, which is down 27% from a year ago, guys. So this is actually huge, right? This is a big chunk of Apple's business, which is why they cut that revenue guidance about a month, a month and a half ago, whenever that was from about like $90.95 billion. I can't remember off the top of my head, but they ended up cutting that, you know, all the way down to around $85, whatever we just saw, $84 billion because of the weak Chinese economy, right? The sales are going down in China, and we can clearly see that here from their earnings reports, guys. 27% hit from a year ago. That's absolutely crazy. But the good thing is, there's a lot of emerging markets in terms of Apple's business, guys. I forget all of them, but just to name a few, Germany has been doing well, Spain has been doing very well. Those are two that I can remember off the top of my head. I just got off the earnings report call a couple of minutes ago before recording this video, and there was a lot more emerging markets. I just can't remember off the top of my head. Sometimes my short-term memory is crap, but that is why I take notes while watching the earnings report. That's the whole entire idea. So overall, guys, Apple's earnings report, it wasn't too bad, right? And we can see the stock right now acted very, very positively to the earnings report. We can see we closed today at around $154.68, and we're up an insane amount, guys. We literally went up $10 per share in the matter of an hour here after market hours, right? About an hour and a half after market hours. We went all the way up to $164, and we're hovering around $163 right now, which is absolutely crazy. I did not honestly expect this move. I understood that the revenue cut from China, China sales are being down that we got from about the news we got about a month and a half ago. I understood that that was mostly priced into the stock already, meaning that investors of the market already perceived this news and sold off their shares, whatever they wanted to do, and they already got it to the price where that news led to, right? For those of you guys who don't understand what I'm saying, but I honestly didn't think it was going to fly this high after this earnings report. I honestly thought that there was a chance we were going to maybe go up a little bit in price, right, if we slightly beat, but also I thought we could possibly sell off even more, but I did not think we were going to get up like 7% after market hours. Absolutely crazy, but nonetheless, guys, I've been buying Apple. It's one of my long-term positions, and the fact that it's going up in price right now is very good, but the bad thing is that I can't buy any more shares now because my target was to buy more shares in the 140s, and I personally like buying dips, buying averaging down, cost averaging down, very, very solid strategy for a long-term position, and the stock going up right now, that's not going to lead to me buying more shares. I'm just going to have to wait a couple more weeks, wait a couple more months, see how the stock reacts. If it ends up going back down in the next week, two weeks, who knows, guys? If that ends up happening, I'm probably going to be buying more shares of Apple, but as of right now, if it's hovering in the 160s, 170s, I view Apple as a hold right now in my personal opinion because I was buying all the way down into the 140s a couple of weeks ago, so buying more shares right now doesn't really make sense in my personal opinion, but again, it's all up to you guys. Don't buy any of these shares based on my opinion. If you want to buy Apple, go ahead, man, go buy Apple. Don't do it on my opinion. You have to do your own research, but anyway, now that we talked about Apple for a little bit, just drop a comment down below. Let me know what you guys think, but let's transition into what I personally traded today on the 29th, and I'm sure you guys already know this, and people in the chat already guessed it, TVIX, guys. I traded TVIX yet again, and I traded this one earlier on in the day. I'm aware that it ended up closing the day on a pretty big downtrend, but I got in today at around $46, I believe $0.70 is when I got in, and it was around 10.40 a.m. here, and we can see, once I did get in on this pullback with the margin of profit opened, we held that 50 SMA for a higher low, which is what I was honestly looking to see before entering. This proved to be a solid, solid position. So let me just go over the technicals very quickly why I did go into this position today, and for those of you guys that don't know, TVIX is an ETF that tracks the S&P 500 SPX. You can also use SPY because SPY is an ETF that tracks the S&P 500, so you can really use both of these to track TVIX. Pretty much how it works, guys. Whenever the SPX, the SPY, whenever they're going down in price, that's when TVIX is going up in price. So we can see here, we ended up opening the market at around, what was it, like 20, 26.44, ended up pushing up to around 26.50, and from there, guys, we slowly started to downtrend. And what told me to get into TVIX was this pattern that I started to see right here. We can see we topped off at 26.50, and the next high topped off at around 26.45, which was a lower high from the previous. This indicates to me that the index is falling in price. It's failing to push up, it's failing to push for a higher high, and what really solidified it was the break below the 180SMA support. From the past 20 minutes here at 10.18, guys, I was waiting to see if it was going to hold it here, ended up not. We broke below, and this was a support from yesterday, right? We can see once we got that lower high in the SPX, guys, we broke that 180SMA, and that opened up a nice chunk in TVIX. And I honestly already got into TVIX, I believe, a little bit early. I did jump the gun, which is something that I don't always do, but some days when I'm feeling a little bit more risky, guys, today was one of those days I jumped the gun, got into TVIX before the break of the 180SMA on the SPX, but it ended up working well for me today. I got a 2.5% profit on TVIX, and again, we can see right around 10.30, guys, right on the top of the 180SMA for the SPX, right? Right around this time, that is when I ended up getting into TVIX when it was holding that or the 50SMA as a support, right? I ended up getting in right around here, I believe, like 46.70ish, and wrote it up for 2.5% profit, and we can see, guys, that was around, put me at the sell, at around 47.90. So about $1.20 per share, 2.5% increase today. In terms of TVIX, let me know what you guys ended up trading today down below in the comment section. I would love to love to know, and that's pretty much it for my trading, guys. You know, I'm pretty basic when it comes to trading. I stick to the same ETFs. I stick to the same stocks pretty much all the time, right? And it just works for me, guys, and I keep working at what works for me, and I want you guys to do the same exact thing for yourselves, right? Don't just feel like, you know, you have to have a watch list of 100 stocks, and you have to trade everything in that watch list because that's what people do, right? That's not really the case, right? That could work for you, but a lot of people out there, you know, they stick to a couple, let's say 5, 10, 15, like me, myself, right? They're consistent with those. They understand the patterns, and they really just master trading those, and they do very well at it, right? So it all depends on what you want to do, your goals, your ambitions, your trading style, it all comes down to that. So guys, that's pretty much it for, you know, my trading today. Nothing too crazy. Now, let's go over some other stocks today that did very well, some other ETFs that did very well, and some that didn't do so well. So one I want to talk about right now is AMD, guys. AMD ended up reporting earnings. Their stock was up around 10%. I wrote a note down on AMD. Let me quickly tell you guys what this note was. They missed on revenue 1 in terms of their earnings report, but they do expect strong sales growth in 2019. So this could be the catalyst as to why the stock ended up shooting from 1926 at close all the way up to around 2130, which is ridiculous, right?  That could be the potential catalyst to that. So if I was an AMD shareholder, I would honestly be pretty happy with the comment of strong sales growth expected in 2019 because that means more top-line revenue. It could mean some more profit. You know, that's pretty good as a shareholder in my, you know, personal opinion. So AMD, guys, it looks pretty good right now, honestly, as a potential trade for tomorrow. If it continues to run, it could potentially close the gap from around 2130 to 2230. And that's kind of, you know, a big if, guys, because it's already up around 10%. So we could potentially experience a sell-off tomorrow, but let's say the hype continues into tomorrow, this stock could end up pushing back up to 22, 22, 2230, very, very possible in my personal opinion. Another one I want to talk about today were the Gold Futures. These ended up playing out perfectly as to our analysis from yesterday's video. Do you guys remember? I was talking about how the Gold Futures were trading above 1300 and keeping that old resistance as a new support level. And I literally said, in yesterday's video, watch out for this becoming a new support level and watch out for the push up, the gap up into the 1310, 1315 level. And that's exactly what ended up happening, guys. So I'm going to be waiting to see, you know, tomorrow are the Gold Futures going to continue to push up? Are they going to continue this bull run they've been in over the past couple of days? Or are they going to pull back, opening up a nice entry point for JDST, pull back and then continue the uptrend, which would then open up a nice opportunity for Jnug, guys. So if I witness, you know, if I see any pullbacks tomorrow in terms of GC, guys, I might be entering into a JDST trade on the pullback. And then of course, if it finds support again, entering Jnug on the reversal to the upside. So another one that did very well today for a good portion of the day today was crude oil. Crude oil went from $52 all the way up to $54, opening up a huge move today in UWT, guys. UWT closed the day yesterday at $12.56, went all the way up to nearly $14. And I know a lot of you guys out there in the group chat did trade UWT. And by the way, if you guys are not yet in the Discord group chat, that link is down below. We have nearly 500 people in there talking day to day about trading stocks, news, options, you know, long-term investing, a lot of different stuff. So get in there. But anyways, UWT very silent move today. You know, from this particular ETF, we saw a little consolidation, you know, downwards move for the rest of the day, but that initial spike up was pretty significant. So another one that we've been talking about was Cron. This one had some pretty choppy trading today, guys. It went from $19.50 all the way down to $17 again. And then it ended up closing the day down around $18. So very choppy trading. This could be a reversal zone, honestly, for Cron if it does end up breaking this 50 SMA on the one hour chart. So keep an eye on that, guys. Another one that did poorly today due to a decent earnings report. I believe they missed on revenue. Don't call me on that, but Verizon, they reported earnings this morning and they ended up dropping like a knife, right, from $55 all the way down to $52, and they ended up consolidating for the rest of the day. So that's what I'm looking at in terms of stocks right now, guys. You know, for tomorrow, I'm going to be waiting to see anticipating a potential market pullback. But again, guys, if Apple's push continues into tomorrow, you know, we have some other big earnings later on this week. If they report green earnings or rather good earnings that push the stock into the green, if Apple continues to push into the green, you know, this could push the entire market up tomorrow. So right now, you know, my opinion with the markets for tomorrow, it's kind of up in the air because a lot of things have to play out before I can make a sound judgment. So before I do leave you guys today for the day, tomorrow, these are the companies to keep an eye out for. Alibaba, Facebook, Microsoft, Boeing, AT&T, Tesla, McDonald's, PayPal, Visa, these are arguably, this day in particular Wednesday is arguably the biggest day in terms of earnings this entire week, right? We have some conglomerates here, AT&T, Boeing, Microsoft, massive, massive companies, and of course, Alibaba, Chinese company, massive company, and Facebook, massive company. So when I'm talking about the overall market guys, pushing up or down, this is what you have to keep an eye out here for. Are these companies, we're going to report good earnings and what are their stock prices going to be looking like after they report their earnings? If they're very bullish afterwards, this can send up the entire market for warning, right? So just letting you guys know that right now. And on Thursday, General Electric, Amazon, UPS, we have some other ones down here. And of course, on Friday, Exxon, Chevron, Merck, Honeywell, Sony, Cigna, Dominion Energy, I don't know that company, but I'm sure they have a decent company for being on this list. But anyway, guys, I hope you enjoyed this video. If you did, feel free to drop a like, leave a comment, subscribe, follow me on Instagram, as well as on Twitter, and join our Discord group chat, as well as our Facebook group. All of those are linked down below in the description box. And if you guys want to be in touch with me and 500 other people, get into that Discord guys, it's 100% free. We're talking every day about stocks, trading, investing, options, long term investing, whatever guys, we're talking about it literally 24-7. The group has gotten to the point where everyone's super engaging, super awesome community, and we're talking nonstop throughout the day. So get in there. All the links are down below in the description box. Again, thanks for watching. I really appreciate you guys. Peace out.


One of my blog readers asked me for a full-proof formula for transitioning from having a job to being successfully self-employed particularly in the transformational sector being a coach or a consultant a counselor a healer Etc. Here is my response to her There is no full-proof formula and if anybody is trying to sell you a full-proof formula for business success They are either being way too broad to not really be that helpful or They are talking about something that really worked well for them and maybe a few of their clients because Building a being self-employed is such a creative endeavor That the path to success is as varied as there are individuals trying to go on that path So for every person there is an individual path to success This is why there are business consultants and business coaches like me We helped we help we understand that person we get to know them so that we can help them craft an Individual path towards success You can try to read books. You can try to take courses. You can try to watch videos You can read articles all you want But what you're going to get are principles that might work for a lot of people and even some principles don't work for some people so This is why there are so many business failures. There are way more Business failures than there are business successes and the reason is because there are a lot of people who are trying to follow Formulas that only work for one person or another person, etc. So Instead of a full-proof formula look for look to understand yourself and Test various methods that are being taught to you to see if particular methods Align with your energy align with your Excitement and align with your audience Align with the way that you want to do things and the way that you want to relate to your audience That is through the real You know Principle that might go go well with most businesses is you you've got to be willing to test and Observe and then test some more and if you're willing to do that and if you are not willing to quit Then of course There is your formula for success But you see I've just given you such a broad formula that it could apply to just about any situation But that's what happens when you try to seek a perfect formula for business success, right? So again, you've got to look at the different methods that are being taught out there There is not one method that will work for everybody any Marketer like me who's trying to sell you on the one thing you must do To achieve business success They are using marketing hype. There is not one thing anybody must do We all need to To test if there's one thing that's it, right? We all need to test different ways of doing the business success route Seeing which one aligns with our personality with our values and with our audience Trying it out Not quitting and then keep on improving upon what we're doing there to make it more and more successful That is the broadest but best advice I can give you in terms of a foolproof path to business success now for a Transformational business an authentic business. I like to call it which is you know becoming a coach or a counselor or a consultant or Or or or helping people with the skill that you're so passionate about right that you so believe it I Give a particular formula that seems to work for most of my clients and I will put the link to that formula It's a long blog post so I'll put the link in that in the notes of this video but I hope that I've given you some food for thought on Rather than trying to find the perfect formula You need to be testing lots of different methods to see what works best for you and keep improving upon that Not quitting until you do get to the business that you would love to build


Librarians will actually encourage him to read. Oh, no, he doesn't believe it. Maxwell's a skeptic on the librarians. Maxwell scurries into his mouse hall and falls asleep. See that one, Chase? He dreams of all the adventures he could have tonight. There he is. He needs to have a good night's sleep. You guys, when you read a book in the evening, just before you go to bed, do you find that you sleep better because you read a book? No. I do. No? Does a reading a book get you excited? No. Oh, very good. So that was it. Maxwell's gone to sleep and that's the end of the story. So let's congratulate the author of that story. That was really good.


Only one student will face their junior cert in the county. Nationally, a record 135,000 pupils have registered to sit the exams. Both junior and leaving certs will sit English papers shortly from half past nine this morning. It's the first time this year's sixth years are facing a formal state exam as their junior cert was cancelled during the COVID-19 pandemic. Minister Norma Foley says getting this far is a huge achievement. I want to acknowledge as well that I always think when one student in a household is taking an exam, the whole house is taking the exam, so I want to acknowledge the support that comes also from families and from parents and guardians and siblings as well. So it's a great, great achievement to have got this point in your education. Do the best that you can, give it your all and I would always say to my own students all will be well, everything does work out in the end. There's calls for a change in regulations governing septic tanks and water well grants. As it stands to the avail of the septic tank grant, it must have been registered by February 2013. Country Mee-Hul Nocton-Sens says this leaves many at a disadvantage. He's calling on the relevant ministers to overhaul the regulations to protect homeowners from being financially impacted. We were talking over ten years ago when you're supposed to have registration for your septic tank. Now in Donegal, as I said, it's a rural county, there's a lot of these singular septic tanks and basically they will not pass the standard going forward. And when families go to look for financials, they're saying you have to have registered and I think this is very unfair and I think this definitely has to be changed because the people are going to be financially out of pocket. And if there's a grant here, I think everybody should be entitled to it. Whether I dry and mostly sunny today, although there may be some patchy Clyde at times high as temperatures of 20 to 23 degrees. That's all from Highland video news for now. We'll be back with news again at 10 o'clock. Until then, good morning. Love a space to call your own. Live in the better built surroundings of a Glen Bay home. Love having a sense of place. Live for shaping it from the get go. Love green spaces and the joy of outdoors. Live where lower environmental impact is a way of life. In a home built more sustainably for comfort, quality, and for people putting down roots just like you. Love where you live. Community inspired and shaped by you and Glen Bay. Home of the new. The county's number one talk show, the nine till noon show on Highland radio. And a very good morning to you. This is an until noon show on Highland radio with Donald Kavana. It's a Wednesday morning. It's the 7th of June, 2023. And if you are one of those thousands of people in Donegal who are doing either the leaving cert or junior cert exams this morning and you're on your way to your exam center, we wish you all the best. Our thoughts are with you. And do your best and don't panic. That's that's that's really all we can say. It brings back memories of my leaving cert, which was a quite quite quite a while ago at this point in time. 41 years. No, he lies. It's actually 42 years. Yeah. OK, let's let's let's let's move on. It's still not as I say on the nine till noon show. Let's look at the local papers this morning. But before we do, just a reminder that you can contact the show and your views and your perceptions and your take on the day's news and the day's events and the day's issues are what drive the show and what make the show what it is. You can text us or WhatsApp us on 08 6 60 25,000. Call us on 07 4 9 1 25,000. Caroline and Neve taking your calls. Caroline producing the show as well this morning. You can use our social media challenge. It's at Highland video on Twitter. It's Highland hub on Facebook. Don't forget, by the way, on Facebook, you can watch the show as well and you can see the show unfold. You can you can see all our Zoom callers as they join us. And also you can interact via the Facebook and YouTube channels to if you so choose to do. We are comments at Highland video.com, of course, if you choose to email. Now, let's look at some of the papers, a few locals. First of all, Finn Valley Voice this morning, the headline Employ More Firefighters, Councillor Martin Hardy, retained firefighters. Can't be expected to be available 24-7. Slimlin writes that Councillor Martin Hardy says more firefighters do need to be employed by Donegal County Council yesterday. The first in a series of one day actions in a dispute over working hours and pay began at fire stations across Donegal and the rest of the country. We spoke yesterday to Kevin McKinney from Suptu and Kevin did tell us this will activate the situation. Excuse me that this will, you know, it will increase and it will become more serious as time goes on. Looking also at the initial times this morning, tests show concrete blocks breaching EU regulations. Report on testing of concrete blocks produced in Donegal, submitted to the European Commission as campaigners compare formal complaint against the Irish state. Declan McGee writes the concrete blocks that were found to have three times the level of power.