Hello everyone, and welcome to the Network of European Museum Organizations webinar, Museum Action for Climate Empowerment. My name is Elizabeth, and I work for NEMO. As the Network for Museums in Europe, our main activities are advocating for museums at EU level, providing training opportunities, providing a platform for museums to exchange and learn from one another, and helping museums to cooperate across borders. We're looking forward to today's special webinar, planned in line with the ongoing conference of parties ongoing in Egypt. Today's webinar will begin with an outline of NEMO's most recent survey and upcoming report on climate action, where I will be sharing the preliminary findings of our upcoming report. And then after that, we will be hearing from Henry McGee of Curating Tomorrow, who will dive deeper into the opportunities in policy development and capacity for action in museums. So I am, as I just said, going to go over some of the preliminary findings of the survey that we've conducted over the past year. The report is not out yet, but these are our main findings and the recommendations that we are basing on them. But before I dive into those findings and recommendations, I think it may be helpful to give a bit of perspective of where NEMO sees itself, where NEMO sees its role in addressing climates and museums. So NEMO believes in advocating for the instrumental role of museums in providing opportunities for decent work, poverty reduction, social resilience, gender equality, and other aspects relevant to the SDGs. Illustrating how museums and creative industries contribute to the realization of development targets by providing solutions in various contexts. Providing information about the different approaches that museums in Europe and around the world are taking to help make our world more sustainable. And by encouraging cooperation between museums and other players to form alliances on behalf of all citizens. So this survey is not our first engagement with the topic. I would argue that NEMO's strategic focus has actually involved quite a few elements of the SDGs for quite some time. However, it wasn't until 2019 that it took a sharper focus for us with our European Museum Conference 2030, sharing recipes for a better future. It was also at this conference that the Museums for Future initiative was launched. And we are still a member of that network as well as the Climate Heritage Network. We've taken part in voices of culture dialogues with the Commission on the topic. We are currently an EU climate pact ambassador. We've led workshops and webinars on the topic inviting experts in. And we've also collaborated and contributed with our members and partner networks on various events. For example, one that ended with the Bremerhaven Declaration. We maintain a page on our website with resources for the sector. And we also have the intention to soon submit to a self-evaluation of our office operations to make ourselves more sustainable. And then of course, what I'm going to be discussing with you for the rest of the time, our most recent action, our 2022 Europe-wide survey on the status quo of museums facing the climate crisis. So the survey itself saw almost 600 responses from 39 European countries. We opened it in April of this past year. And we focused on these topics listed here. However, we did limit our focus within those topics to the ecological impact, even though we realized that the true sustainable transition will require a much more holistic and intersectional approach. We did have to limit somewhat because we, of course, couldn't put a 500-page survey out to the sector. Yeah, but from this point now, I am going to be sharing with you the preliminary findings, what we consider to be the main findings, and the recommendations that we are basing off of those and putting towards policymakers and stakeholders at all levels. So we found that eight in 10 museums state that the UN Sustainable Development Goals are reflected in the museum's strategic plans. Now, of course, this is something that we were happy to learn because we do feel that that's one of the greatest opportunities for museums to contribute to the sustainable transition is their direct engagement with the public. And so the fact that this is already a priority is a great step in that direction. However, we do also take it with a grain of salt because the narrative has very often been when it comes to culture and climate that our cultural heritage and cultural heritage institutions are something simply to be protected in the entire discussion. And rightfully so, but we are not often enough considering how our cultural institutions can actually contribute towards, you know, creating solutions and supporting the sustainable transition. So with that in mind, we acknowledge and support the potential of museums as allies to help the public better understand climate change and to become more active. So I should also perhaps mention that this survey and report was also inspired by two surveys and reports that we did about the consequences of COVID-19 for the sector. And in that report, we did see, for example, when museums were increasing their digitalization efforts, they did not always have tools and measurements available to evaluate the success of those efforts. So we asked a similar question in this survey about museums sustainability or development towards more sustainable operations. And we learned that one in four museums report that they work either with internal criteria or external assessment frameworks to measure their sustainable efforts. So to that we recommend to ensure that guidelines, standards and reporting requirements reflect all aspects of museum work and are aligned to support sustainable goals. Now, we say specifically alignment here because also reflecting on some of the recommendations that came out of our COVID report, we consider it very important to take into mind and re-evaluate new measures of success for our museums. When we're considering climate specifically and sustainability, it's very important that the standards that we are holding our museums to are not then negating the requirements or the efforts that we're making to become more sustainable as a sector. So we learned that one in 10 museums are aware of local, regional or national climate policies that feature or address them. Now, of course, there are many more opportunities for museums to see themselves in these guidelines and recommendations being put forward. So we are recommending to increase communication between governing and funding bodies and museums, encouraging cooperation and to develop cohesive, comprehensive frameworks for museum work. That element of cooperation and communication I think is going to be extremely important moving forward as we're going to have to be making changes and it will be very important that the real work of museums are reflected in those changes. One of the comments that we received from any museums after I'm going through the survey was that many of the intentions to make operations or, for example, the house more sustainable, that those decisions were oftentimes outside the authority of the museum professionals themselves. So that's why this policy coherence and cooperation is going to be so important. And that, of course, also relates directly to infrastructure and making sustainable changes there as well. And I could have showed probably any of the graphs in our infrastructure section and it would have looked quite similar. But I chose this one that's two in 10 museums claim that they use a green energy supplier. And so here we are recommending to facilitate funds for investments in the infrastructure of museums so that buildings can be maintained in a more energy efficient, ecological and sustainable manner. And we discussed the funds here, of course, because this was one of the most selected impediments to becoming more sustainable. But then we also mentioned specifically that financial support should be streamlined and coupled with financial relief in consideration of the current energy crisis impacting museums across Europe. So we saw that less than one in 10 museums have completed an analysis about the challenges associated with climate change in their region.  So it is going to be important to make an analysis of the risks that we are likely to face and prepare for those. So our recommendation we're putting forward is to invest in future citizen sustained access to European shared heritage by funding and encouraging risk assessment, adaptation and mitigation for museums. And here we also speak directly to the sector with a call to action to ensure the safety of collections, premises and functioning of museums for future generations by analyzing the climate associated risks applicable to them and their communities and consequently preparing for those risks. Under skills and training we saw that two and three museums report that they do not have sufficient knowledge about the SDGs and climate action within their organization. So here we recommend to allocate financial support to upskill and train staff to contribute to the museum's sustainable transition and to support society's overall just transition. Once again with a call to action to allow for internal and cost departmental staff training according to the position, task and field of action to facilitate change across museum departments. And then here, so this is the same graph that you just saw about the SDGs and I use this as the example here because we went and looked back at that question and quite a few others but only taking into consideration the smaller subject of museums answering the survey who also said that they were part of cultural networks that focus on climate change. And when we did that then the numbers of museum professionals who felt that their museum had sufficient knowledge about the SDGs increased quite a bit. It actually pretty much doubled. So I think this was quite an impact that we saw throughout and therefore we make the recommendation to fund global cross-sector climate-focused networks and umbrella organizations that address and enable mutual sharing of skills knowledge and expertise supporting and empowering the sector to address climate change. And we also have a call to action here to build alliances with other museums and cultural heritage organizations, open doors to external expertise and work with researchers, local communities and stakeholders to ensure that the museum establishes an effective network to support the sustainable transition in Europe. Now this finding I think is something that shares actually quite a bit of optimism. I think it's something that speaks far beyond our sector as well because and you know I think it's also something that we can really take to heart because climate change and making the adjustments to society that are necessary is such a massive challenge and personally I find it somehow reassuring that potentially our greatest strength is actually our willingness to lean on each other and to be transparent and work together on this. When we evaluated the various responses and then compared for different sizes of museums it did not make nearly as much of a difference as it did when we looked at the museums who are saying that they are working together in a network. So I think it's something we can be very optimistic about that our greatest strength is relying on one another. Yes and with that I would also say that the final report is hopefully coming out this month so you will find all of those findings plus much more that I didn't have time to get into. Yeah so thank you very much for your attention to our preliminary findings. So towards the end of this webinar session we are going to be reserving a bit of time for questions and answers. You can of course put your questions in the chat as they come to you either in regards to our survey or to the next session of this webinar. But I do want to start off just with a quick feedback from you on these preliminary results. So I would like to ask that after hearing those results do they resonate with you? Would you say that these results actually reflect the status in your organization as well? And the possible answers before you yes, no, I don't know or if perhaps you're not working in a museum at the moment then not applicable is also there. But yeah give another 30 seconds or so to answer this question. Great, interesting. So yeah I mean thank you very much for participating for your replies here. I think this subject is only going to grow in importance and you know we had the feeling with this survey that we were really at at a launching point kind of on a precipice for change of our sector. So taking that status quo is very important but it's going to be key that we continue this discussion moving forward. So now I would like to welcome on stage Henry McKee of Curating Tomorrow who actually also contributed a fantastic introduction to the report that's coming up later this month. Thank you again for that. Henry McKee has a background as an ecologist, a museum curator and manager. He set up Curating Tomorrow in 2019 to empower museums to contribute to sustainable development agendas including the SDGs, climate action, biodiversity conservation, and disaster risk reduction as well as human rights. He is a member of the ICOM Sustainability Working Group and works internationally with museums, museum organizations, and partners. He's been involved with the UN CCC since 2017 and was involved in the development of the Glasgow Work Program. Today, McKee will outline the Glasgow Work Program on action for climate empowerment and will also present a new guide on measuring and reporting greenhouse gas emissions developed in partnership with CO2 action, a US-based greenhouse gases accounting firm. So without further ado I will let you take it from here, Henry. Thank you. Okay, thank you Elizabeth. Thanks for the introduction and if we could have the slides please. Okay, great. So I'm going to talk about a few different things but really about how do we bridge the gap between policy agendas and on-the-ground action if we think about it that way in museums and cultural institutions. And so it's been great to have the opportunity to be here with you today because we wanted to get across the idea that climate action is not just for COP which we see is on the news and it kind of saturates the news for about two weeks in November each year but COP is also extremely mysterious thing and it's essentially it's a political pro process. We have to think that although the agreements may be made there the action really takes place in small places close to home to take Eleanor Roosevelt's famous words. Climate empowerment, climate action, takes place in communities, in schools, in museums, in villages, in towns everywhere around the world. And so that's why I've put the two images here next to one another SDG 13 from the Sustainable Development Goals to take urgent climate action to address climate change and its impacts and to think about you know any small museum because any small museum, big museum, museum organization can take part in climate action and that's what I'm going to talk about today. And I'd also like to emphasize that climate action and climate empowerment is not just about empowering the museum it's about using the museum as a catalyst and a tool and a platform to empower others and so the way that I work is that I write a series of open access guides that you can get easily from either my website or from my blog that circulate quite widely and I'll just talk about some of these. So museum collections and biodiversity conservation I wrote back in 2019 with a grant from the British Ecological Society asking biodiversity managers and conservationists around the world what is it that they need from museum collections and then you'll see that there are three guides here about the sustainable development goals and different aspects of them because they are an amazing framework that help to achieve the many different human rights conventions agreements environmental agreements that have been made over the last 70 years but which are not which are not being met governments are not doing enough the sustainable development goals help bring all of these together and also give us a goal-based approach to achieving them together so much more of a inclusive process that any museum and any person can take part in. Museums and disaster risk reduction sounds a bit scary but it's about a planning approach which is about building resilience and I wrote this in the context of the COVID pandemic and it aims to help build resilience in museums themselves but also to mobilise museums to support resilience building in their communities and of course this relates very much to climate change. I wrote museums and human rights also in 2020 to try to help museums understand how their activities can relate to the different human rights agreements and also how they can use human rights based approaches to make transparent and effective decisions that are not just about the whim of the museum but are actually based on some kind of some kind of rationale some kind of framework but the three which I'll speak mostly about today are the three in the bottom right hand side there so I'll talk firstly about mobilising museums for climate action then I'll talk about action for climate empowerment with the tartan cover and then I'll talk about measuring and reporting greenhouse gas emissions and as I say these are all available for for free and we'll post the links afterwards on the on the Nemo website. So let's just think about climate change and climate change is not a thing of the future. Climate change is here now so already we have an estimated 150,000 people dying each year of climate impacts is just horrendous and on top of that we could think about the 7 million people who die each year from breathing polluted air especially from burning dirty fuels in their home to to cook with kerosene and so on. We can take the figure that a million species and whenever you see the figure a million is a very round number it basically means an awful lot. A million species of plants and animals at risk of extinction if climate change is not addressed. We see that climate change impacts very seriously on peace and stability and with increasing climate impacts the challenges get bigger and we have the figure from the IPCC which assesses scientific evidence on behalf of the United Nations. It has the estimate that roughly half almost half of the world's population are highly vulnerable to climate change. These are terrible terrible figures that we that we need to we need to we just need to do something about. But when we talk about mitigation and adaptation they mean particular things and one of the challenges with climate changes that some of the language can be a bit complicated or or it means very particular things. So climate mitigation means reducing greenhouse gas emissions and it also means strength strengthening nature's ability to remove them from the atmosphere. So climate mitigation usually means moving away from fossil fuel use, changing the standards and practices that we use that that that that use energy reducing waste and reducing transport use and climate adaptation is different it means that we have to learn to adapt to live with with climate impacts and we have to not just survive we need to find ways to thrive. Now very often these are thought of in terms of the structural options in terms of how we modify our buildings or they might be institutional options such as laws and policies but really arguably the biggest option for climate adaptation is through education it's through awareness raising it's about and it can also mean for instance that museums may need to move they may they may need to to physically move but social options are arguably the most important aspect of climate adaptation because if people don't want to do something they never will and if they don't know how to do it they will never be able to. So these are roles that museums can play and so here's a really simple blueprint for climate action both in museums and with museums. So it's down to five actions like the five fingers on your on your hand four fingers in the thumb so we can think about those two main planks mitigation and adaptation but we can also think about climate action as part of wider sustainable development. So firstly to support mitigation across society to support those with big emissions to reduce them and we should also not expect those with small emissions to reduce theirs if we're not reducing our own. We should also look at museums reducing their own carbon emissions and other greenhouse gas emissions at least in line with the requirements of the Paris Agreement and these will be challenging targets to meet but they need to be met that's just that's a fact of life. We can also look at how museums can support communities and other sectors to adapt and we can also look at how they can support nature to adapt to both current and future climate impacts but also museums need to have a plan for their own survival. They look after society's cultural heritage they need to have a plan to make sure that that is protected and can be usable in the future and the last one is to make sure that climate action is fair as I mentioned before it's just not fair to ask those who have contributed very little to do most of the work that's just not fair. We also need to make sure that the climate actions are part of broader sustainable development that they help address inequality that they help reduce poverty these things are because these things are very much connected and so in the mobilising museums for climate action toolkit which we produced for COP26 a year ago it sets out a lot of the essentials of climate change and climate action including some background on the Paris Agreement and lots of tools in terms of sets of questions to help you plan your own action understand where you are now where you want to get to to understand the essential knowledge of climate impact mitigation and adaptation as well as how climate change and climate action relate to human rights and what we call climate justice. It also sets out some of the different educational approaches that can support climate action such as education for a sustainable development ocean literacy futures literacy these are all these are all great approaches that that anyone can make use of. It talks about how nature can be part of the solution but it can only ever be part of the solution people also need to do a lot of the work and it aims to help signpost you towards lots of the opportunities the different tools reports platforms resources to help you take effective and ambitious climate action and so this was just to give you an example of how we can use museums in a slightly different way. So for COP26 a team of us led by Rodney Harrison and Colin Sterling working with myself and Glasgow Science Centre we launched a competition ahead of COP26 asking people anywhere to say well how can we reimagine the museum to be a place that can support climate action and so we have a website for this with about 80 of the great ideas that we got from around the world and eight of those ideas were exhibited at COP26 so the idea here comes from a team in Brazil who work with local communities who don't have a primarily material culture you know a material approach to culture their culture is much more rooted in oral traditions and storytelling so they imagined very tiny and very temporary museums not actually as tiny as this because these are these are just models but like a little tent like a little yurt that could move around the community they would they'd be made of renewable materials sustainable materials very low environmental impact and there's a really nice image shown on the right hand side there that looks across from this model across to where the COP26 conference of the parties was held last year so this is what we're trying to do is to look at the to negotiate the space between policy agreements and people's lives but let's talk about well what does the Paris Agreement have to do with museums anyway well if we think back to the the the kind of the grandparent of the Paris Agreement it's called the Framework Convention on Climate Change it's 30 years old this year it was one of the three conventions agreed at the Rio Earth Summit and within the Framework Convention it has an article Article 6 which talks about the importance of education so that everyone has the knowledge motivation and skills to take climate action training of crucial of key members of staff so that everyone knows and is able to direct their work to contributing to to climate action again public awareness of government's commitments of local action and so on public access to information so that everyone can access information on the state of the environment and information to help them take climate action that they want to take and international cooperation on climate change matter and there's one that's missing here is public participation which is to make sure that everyone can take part in decision making around climate change and these six things are what we call action for climate empowerment ace for short but these six things are not just there by accident these the six things are there because they relate to very well established human rights the right to education the right to decent working conditions the right to information the right to participate in cultural life these are all well established from the Universal Declaration of Human Rights from 1948 and we have a new program to support this in work which was agreed in Glasgow last year called the Glasgow Work Programme on Action for Climate Empowerment and it even mentions the important role that museums and cultural institutions can play in this work and so I won't read through all of the list here but just to show that there are so many ways that museums can contribute to climate action of course collections are a kind of fundamental resource that can be put to many different uses the very many public opportunities for public engagement public education bringing people together youth forums how people can meet with local officials who are working on climate related decisions supporting their staff making sure their their buildings reduce their emissions moving to green energy and we could also say in the context of the energy crisis how they may reduce their energy use because it seems that that not not so many institutions are actually reducing their energy use how to improve insulation and energy efficiency how they can reduce waste promoting green travel both for visitors and for staff supporting green causes of all kinds dropping fossil fuels which are wrecking the planet prioritising human rights and green procurement taking up sustainable tourism as an approach which is a whole a whole thing sustainable tourism is a whole thing making sure that they support green investments and taking part in participation in partnerships and much much more there are loads of ways to take climate action we just need to perhaps choose a few and and do it and so thinking about some of the things that elizabeth spoke about before the findings from the NEMO survey we already have a fantastic blueprint to help answer many of those challenges many of those problems and this is called the Glasgow work program on action for climate empowerment so that i wrote a guide on this i wrote as quick as i could after COP26 because i wanted people to be able to to take part in it it's got the tartan inspired covered for a bit of a cultural heritage link so this runs from 2021 till 2031 so it runs for the next nine years now and it builds on the six aspects of action for climate empowerment that i spoke about previously it says there are some additional things that we need in addition to having you know education training public awareness public participation we need four kind of priority areas of action we need to make sure that we have effective policies that support climate action and we can think about this in relation to the museum sector as well so for instance how can museum policies be changed so that climate action isn't a kind of add-on or a separate policy but is part of the way that we think about all of our activities coordinated action is about saying that none of us can do this work on our own and we need to learn really really fast from one another and we also are much more effective if we work together so if there are roughly 95 000 museums in the world imagine if all of them could use some kind of common goals common framework tailored to local circumstances cultural contexts and so on and local aspirations what communities want and and desire for their for their own future could be just amazing so it's like the balance between the kind of universalism of the agreements such as the paris agreement and tailoring them to the local situation how can we learn from one another how can we share tools and support from events such as this and of course organizations such as nemo can play such a crucial role and how can we make sure that any goals or commitments that we make are effectively talked about not just so that we can monitor and evaluate our activity so that we do it better next time but so that we can hold ourselves to account and be held to account by others so if we say we're going to do something we should do it but we should also tell others what we've done so that so that we can build some trust between museums the work of climate action and communities so that we can be more effective in all of this work and so just to mention quickly another guide that i've written with a partner called co2 action who are a us-based firm of carbon accountants because one of the big challenges for museums is understanding well what impact do they have how can they think about their their emissions because people often get a bit confused and so greenhouse gas accounting is a standard approach to measure and report the relevant emissions so that we can make informed decisions but it also helps us do it in a consistent way it helps us communicate our progress and action transparently with both the successes and the challenges and we should try to be as accurate as possible and the reason that we wrote this is because of course there are many museums are measuring their emissions but we want to go from kind of emerging practice to good practice so what sources of emissions should be included and why and so the guide helps to explain the principles of measuring emissions how the three scopes and categories that make up how we how we assess emissions how they link to museum work and it tries to give some worked examples for each of the scopes and categories and it gives you some suggested activities to reduce your emissions and so for instance we can think about the activities of a museum in terms of the energy that they use the the emissions that they produce on site both from burning fossil fuels or from the leaks of refrigerants and so on we can think about the emissions embodied in the goods that they purchase and make use of the waste that they dispose of but also to think in a the broader sense about the impact of their operation the visitor travel which is certainly part of a museum's emission profile and so on and where their investments go and so the guide aims to try to help you understand this in a concrete way and we also were very keen that people could understand emissions from start to end it's rather easy to get some numbers and put them into a a spreadsheet and get a result at the end but if you don't understand it then that's that's rather rather meaningless we want people to to have more confidence and so just to summarize what we would aim for what would be fantastic to see would be if you could look to reduce your emissions and help others reduce theirs make sure that you can adapt to climate change and help other people do the same but basically to build a world that is fairer that protects nature and is better than the one that we inherited and to do so we need to work together so that's the that's the end of my my presentation but if anyone wants to get in contact with me of course that would be it'd be great to hear from you so so thank you and I will close the presentation and now I have two questions that I'd like to pose to you just as Elizabeth did before so if we could have the first question please is how ambitious do you think Nemo should be in supporting climate action and so it'd be great to get as many votes as possible and by ambitious we can think of aiming to achieve a really big result a really focused result a really locally relevant results and trying to trying to mobilize the potential of museums as much as we possibly can so that they're operating at full capacity and Nemo as a museum organization of course has many many opportunities to support its members and their current and potential partners to take part in climate action okay good thank you and can we move to the second question please okay great so we can see from this poll perhaps not surprising that many of you are very committed to contributing to climate action through your work or committed and perhaps not so unsurprising that there's no one who's not committed is here because you wouldn't give give your time up but just to say as well so people have an idea of who is is here we have there are over 120 people here in fact we have 200 people here is fantastic and so to say that there are so many people who are interested in this activity they just need to find one another and so one of the great things that we've had through the the terrible COVID experience is with the growth of using video conferencing and webinars and so on it's much easier to find people who are interested in the same things as Elizabeth said there are the different networks that you're encouraged to join and if you if you're in an organization you want it to do more just ask it tell it what it is that you want to do and we can see what happens so so that's the end of my presentation so thank you and then we can move to the Q&A I think yes absolutely Henry thank you so much for this wonderful presentation we've already had quite some questions flowing through the chat and I also want to mention there's also been quite some resources that have been submitted into the into the chat as well some interesting ongoing projects and so we are going to be collecting those links and sharing them with you as this presentation will also be shared online later so don't worry that content will not just disappear with the end of today but I would like to address some of the the questions that came up earlier and then we'll just move through so go ahead and continue submitting as they come up but just perhaps a quick response to somewhat of a more practical direct question about the survey that came up from Mike Edson thank you regarding my comment about the the NEMO survey and that we found that networks had a larger impact than size of museums when it comes to climate action so just to to clarify how we found that out basically what we did while managing for the different number of museums that had answered the survey we went back and looked and compared the responses from self-identified you know smaller midsize and larger museums and then looked at various questions for example on training that was made available on awareness of the SCGs various different aspects throughout the survey and then we also looked specifically at the group of museums that were involved in cultural networks focused on climate change and then again went back to those questions about you know training available about awareness about you know action and analysis of risks and these kinds of things to see if size made a difference to see if networking made a difference so this wasn't something that we just decided to say simply because we are a network this is something that we saw through the data that being said I will also be transparent and say that it wasn't a huge amount of museums that self-identified as being involved in networks focused on climate change so it was definitely a smaller subset of the respondes but that's also an opportunity there's an opportunity to grow those numbers of museums that are working together because obviously it makes a difference in our confidence when we approach these massive challenges together so just just responding to that technical bit there was also however a question about getting your museum involved in in this conversation in this action and I think in perhaps this was addressing my presentation earlier but I think this is something that you and I Henry could both respond to I think you're perhaps even more equipped to to respond to this my my small reply though would be that because you know you mentioned sorry Andreas I think I might be pronouncing your name wrong you mentioned that it's not so much of a priority amongst the team right now and so I imagine that that in and of itself presents quite a challenge because you know you're going at it alone you may feel at this point but you're absolutely not alone because there is a huge international network that you can reach out to I would say so I I would encourage the first step being to you know connect with members even outside of your museum other museum professionals learn how they you know engaged in this conversation took those first few steps because I think it really helps when you do have you know some support behind you but Henry if you would like to respond to that so I think for me that the what I tend to do is like I think about sustainable development rather than sustainability because sustainability can become a bit kind of fixated on how resources are used sustainable development is a bit different of course it's partly how sustainable resources are used but it's also much more broadly about the impacts that we make on the world so I think what can be helpful is to gather a small number of people in your organization together who are interested in this topic who are in different teams and then to have a discussion about well where does our work make a difference not just thinking within the organization so it might be that it's about a town or a village or a community and then you would say okay well what are the social environmental and economic challenges there and how do we currently help those address those challenges but how do we also contribute negatively towards them because sustainable development is about the two things it's about how we do more of the good stuff and we reduce our negative impact and I think by by taking the external focus is much more effective than starting from a rather what can be almost slightly selfish thinking of how the the organization can continue or so on so so find some other people decide on a common context and then explore what the challenges are there and how you can address them that would be my advice yeah very well said so let's see um I think this was quite specific to your presentation Henry um we have a question from Alessandra um who is asking for some examples of scopes one two and three in a museum yeah so so um um greenhouse gas emissions are mostly made up of carbon dioxide but not only carbon dioxide so also methane nitrous oxide um and three three or four refrigerant very powerful refrigerant grat gases that museums will be using in their either refrigerators or their air handling units but we measure emissions in what are called three scopes and the scopes depend on how much control you have over them so the first scope is the production of emissions at your site so either from burning oil or coal or gas um or from the vehicles that you own and from the emissions that come out of their exhausts that those are scope one emissions scope two emissions come from the utilities that you purchase so um from the production of your electricity mostly so if you purchase your electricity from someone who is powered by windmills that's great if you purchase your electricity from someone who is using a coal fired power station that's very bad but those are part of your emissions scope three is the most complicated bit it's called the voluntary emissions but it's most for most organization it's most of their emissions and so unfortunately for museums and most of their emissions for most museums will come from their visitor travel because visitors will have to drive and they or they might be international tourists and because they're in relatively huge numbers so the the three scopes help us to think about all of our activities and put them into a standard scheme so they were developed not just for the cultural sector but for for any kind of organization but there is a very very solid scheme um but that it's explained more in in the in that guide that I mentioned wonderful thank you um sorry I'm trying to also keep track of the incoming questions um but uh yes thank you for a bit of the detailed examples of the different scopes because sometimes um you know all the numbers flying around it is kind of difficult to keep track of what we're actually talking about um so we have another question here about connecting and combining climate with social sustainability in museums um how how best to do that um I think this is uh something perhaps we can both um respond to um I think I mean well I think we can both respond to it but we probably won't cover everything because I feel that there are so many opportunities um and in fact uh I think as I said earlier in in the in the presentation while our survey focused on ecological components um in reality a true sustainable transition for the sector um is going to involve a lot more than that it is also going to involve social sustainability um and support for our communities um just a few things that come to mind um you know because we are very often talking about uh engagement um with audiences and education and um in that regard I think making connections between uh colonialism and climate change capitalism um you know just uh the systemic structures involved I think uh making those links is um is a great opportunity I think uh as mentioned earlier as well um supporting dignified sustainable work opportunities um incorporating more diverse experiences um and also just uh you know as Henry was mentioning earlier taking you know a localized focus and finding out what what forms of support is going to be necessary in the community that the museum is within um but these are just some of the the links that come to mind for me when we're talking about climate and and the social section and uh what museums can do or yeah but uh Henry if you want to also respond to that yeah sure yeah because um I mean one of the the common kind of mis misconceptions that people have is that the Paris Agreement is an environmental agreement that's partly true but it's really a social justice agreement it's about very you know the climate change is a huge problem but it's a symptom of a much deeper and much more sinister problem which is about a basically very unequal totally unsustainable use of the of our shared um natural heritage and so as I mentioned in the the action for climate empowerment you know it includes the six things education training public awareness and so on that these are human rights but one of the big problems we have one people hardly even know what human rights they have two consequently we're never gonna get them and three the institutions who could be supporting people with their rights are rather unaware even what the rights are that we're talking about and we unfortunately we could include museums in this that when you know this program is 30 years old even when the last iteration of the international council of museums code of ethics was done which I think is in 2002 it still talked about a rather narrow set of interests for museums which were about cultural heritage and copyright and a few other things so museums are quite behind but they're not unique in this you know lots of sectors are behind so rights-based approaches are a really fantastic tool because they're about acknowledging people have rights that institutions that can support those rights should really fulfill that public duty and that's actually how the institutions will be more effective and so I think this is one of the ways that we can think of climate environmental justice and social justice as really parts of the same the same thing and as it says in the sustainable development goals you know we we can't just think about these problems as being like separate boxes you know an environmental topic and a social topic we see that with with covid that these things are so tightly connected together we have to always be thinking about the social environmental and economic conditions together so that would be my answer thank you so much yeah you know I think what you said about taking the human rights approach I think that's extremely important but also an opportunity perhaps for for individuals who maybe are having a hard time bringing forward the relevance into their institutions because I mean simply the the different framework the different perspective which is still extremely valid could could perhaps be really helpful and also I think I would like to also underline what you said as well about this being a symptom of a much larger problem because I believe earlier I've lost it now in the chat but earlier I believe it was from Johanna Leisner who was the main researcher for the wonderful ONC report that came out earlier this year which I highly recommend everyone here commented on the need to be focusing on you know the the cause the the emissions the the oil and gas companies really we are facing such a massive need to make systemic change systemic changes in our society so it's it's quite a task in front of us but as you said earlier it is simply a fact of life that it is something we need to do and we need to do together so yeah um with that we are just a couple minutes over so I would like to thank you so much for taking the time with us today Henry it's always such a pleasure and thank you all as well everyone for joining us we yeah we hope to see you again again soon so yeah with that um thank you so much have a good afternoon good luck with your climate action everyone thank you thanks for coming


crazy kind of day the market actually according to the to this the market didn't look bad bad if you guys are looking at spy you know it looks bad it looks bad nasty drop bro I actually got to we balance my account so give me a second let me um let me put you guys on hold second I gotta we balance some position just kind of we balance in some positions in my portfolio stuff I want to sell and stuff I wanted to pick up so I talked about this a little bit yesterday crypto markets down to but um we talked a little bit about this you know from from the perspective and market outlook and you know I said that this was a big possibility that we could drop and we talked about this on Monday as well for those of you guys that was here so it's not like it's not like this was on for same circumstance you know we saw this coming to a certain extent posted in the market outlooks and x-trades on where I thought the outlook was gonna be let me see if I can find that and things are kind of coming out to fruition and you know as much as I hate to see it come out it's a natural occurrence you know it's we were we were so bullish for so many days that it's really honestly only natural for it to you know to be coming down like this and I said yesterday that you know for people that thought this was a joke you know for people that was buying the top and just thinking that that things are gonna keep going up they were nuts freaking nuts bro I said that man why is the screen so much smaller there we go that's how the screen should be looking somebody mess with the screen hold on let me just and we have so much people that died today but you know we talked about this in the market report you think it's the worst day we have since 2020 probably probably it's reasonable that's reasonable I guess but you know we talked about how like the rejection was was setting up on the cues on November 29th so what do we have now so that was Monday November 29th and we're family flooding it down to this level over here almost so we're getting pretty close to the buying opportunity let's look at the updated version of this chart I got some buy the dip opportunity to pop it up oh look at this look at this so financial sectors are hitting that buy the dip line right there that was looking for so that's pretty juicy we like that spy almost hitting the bottom the range at 448 so it's at 450 right now it closed at 450 today so we're about a few points off that ideally would love to hit that range I don't know if we're gonna hit or not but this is a good area to start nibbling and start picking up some small positions the techs the tech sector is still not not like down to that area that I would ideally like to hit so the to super buy the dip area for tech sector would be like around 374 we're not necessarily close to that yet but it would be nice if we did get close to that you know we did get the rejection we are hitting that second level support looking for tech to hit the third level around 385s I think they could possibly follow through with tomorrow because there's still a lot of tech stars just really really strong but then again we're just talking about the new COVID right what is it army crown army crown I don't know I hope I said it right you know so a lot of the tech sectors are kind of strong it because the you know it's it's more of a supply chain issue than then tech issue but I think there are a few company that could benefit a lot from it and then they're gonna be a few companies just gonna get wrecked from it so look to see that let's check out the earnings for today so we did play some earning stocks we play some crowd strike lottoes for today so let's see how that play out see if they post it yet so I hope that gave you guys a little bit of idea of what's going on and stuff got a lot of earning that came out today excel mobile said they can double their earnings by 2027 bro that's a long time away five below came out looks like they had a pretty good earnings EPS is 43 cents I suppose it's 29 cents they're up about $8 after hours sales is 608 as opposed to 563 this is a 19% increase in EPS compared to last year and 27% increase in sales compared to last year where's the company trading at last year it was trading around $157 $158 so it's up from that pretty reasonable I guess what else reported today okay TA also reported the snow reported to yes it did we'll get to that in a sec so okay TA reported EPS negative seven cents as opposed to negative 24 cents so that's actually a really good beat sales is 351 mil as opposed to 327 mil however though this was a 275% decrease compared to net positive earnings of four cents and sales was a 61% increase compared to the same period last year so I'm not sure what happened there they might have spent more money or something and that could be that could be a driver that you know that caused the EPS to go down so much but hey at least they they they perform a much better EPS than anticipated so last year the company was trading around 230s right now it's going down to as low as 180s I'm guessing at some point it's gonna be a nice buying area I mean we got a little support around 185 so it kind of broke under that next level was like 174s and then after that it's probably gonna be somewhere around that 140s range I don't know if we'll get there but that would be an interesting buying area we'll have to watch this tomorrow check it out see if I think a little bit more into it to see if this buying opportunity so they're saying for Q4 they're looking at negative 24 to 25 cents as opposed to 28 cents so not gonna do as good as this quarter sales is pretty in line and then full year they're looking at 53 cents as opposed to negative 74 cents sales is pretty in line so guidance isn't like super strong but pretty decent could be a bullish move for them eventually let's check out Splunk oh oh my gosh so Splunk another cloud company I know we were looking at it earlier this week hey what's up man so he said Zerr says that I got people that can that can be worried about COVID but even if they will be locked down or something wouldn't that make companies like PayPal Facebook and other more money that's a great that's a great thought and I think that's a possibility as well so that's why you know I posted it here that City Bank and PayPal could present really good buying opportunities I really like some of the news that PayPal has been rolling out so a little bit bullish on them we'll probably look to open a spread go a little bit further out on PayPal tomorrow just because I think they they have a good chance to recover and stuff like that so Splunk reported earnings oh this is ugly bro this is disgusting man what a drop so it drops in 90 dollars real quick and then huge recovery so let's see what they said they said earnings per share is negative two dollars and fourteen cents down from a dollar 26 down from negative 126 year over year sales is 664 million as opposed to 650 mil estimate it says compared to last year this is a 69 decrease over losses of negative 126 per share from the same period last year sales is about 19 increase so the sales cannot justify the increased costs and other stuff that they're having and then on top of that they guided Q4 sales to be weaker than estimated they're looking between 740 to 790 as opposed to 834 and then the sales is somewhere between 2.5 to 2.6 as opposed to 2.8 so it's it's been uh it's been a downhill path for them man really really struggling here at 110 area support right now um i don't know what to say i don't know what to say they're coming to like pre-covid levels i mean after covid levels they're coming to as low as when covid hit them i guess 90s is a buying opportunity i guess a lot of people there's probably people that had orders around the 90 dollar range and that just saved them it pumped up so fast there didn't square had a big move yesterday didn't square ran already well i'll see you guys looking at it so let's let's check out crowd strikes earnings um crowd strike earnings per share is 17 cents as opposed to 10 cents um sales is 380 mil as opposed to 363 so pretty good earnings on on crowd strike top and bottom this is compared to last year this is 112 increase compared to the earnings of 8 cents um and then sales is a 63 increase compared to last year cyber security for men can only go up um last year stock was trading around 140s right now is trading around 200s it's been running down pretty hard um the last few days uh for no reason whatsoever so 140s i think we could value them at like 224 is easily so at this price point right now it's pretty cheap on a two-year basis they're trading around like 62 prior to covid um i don't think covid really did anything to them because their cyber security firm can only go up they add over 1600 net new custom subscriptions deliver bracket operating a free cash flow net new a r r growth accelerates just great quarter overall man i'm bullish on crowd strike a lot cash flow is 151 as opposed to 88 almost 100 increase there highlights oh looks like they acquire a company that's probably what's been holding them down usually when they acquire companies it um it weakens the stock price so next quarter they guide it up to point 19 to point 21 versus point 16 sales is 406 to 412 as opposed to 400 uh full year 22 estimate 57 to 59 as opposed to 47 sales is 1.42 to 1.43 as opposed to 1.41 so top and bottom beat guidance is up you know top and bottom as well pretty bullish overall what's up man what's going on buying opportunity is almost here i'm pretty sure and we talked a little bit about this on yesterday's stream so i think today around this 451 450 areas interesting areas to start um a mini position i'm not saying to go deep i'm just saying to get area to uh to nibble what is this what is this oh snow why snow up so much snow reported q3 eps and negative 51 cents as opposed to negative six cents sales is 334 mil as opposed to 305 mil um it just does gain back everything they lost today so today company opened around 345 it went as low as 306 and it just gained it all back that's kind of weird oh that was the big wick on spy who who put an order in for that high actually i don't think that's an order somebody put in i think that's an assignment oh that's so sexy man good job made 45 000 or 4500 very nice why snow up so much after hours so snow says product revenue of 312 million representing a 110 percent year-over-year growth remaining performance obligations of 1.8 billion representing a 94 percent year-over-year growth 5 416 total customers net revenue retention rate of 173 percent 148 customers with 12 month trailing 12 month product revenue greater than one million dollars nice looks pretty good revenue for the quarter strong growth i wish they would make that thing fat bigger they're finally starting to see that big growth i remember the last few quarters they were growing very very slow as opposed to the price of the stock let me see how was the stock price compared to last year's oh last year company was trading around 292's IPO around 220's so we're now trading at 350's it might have that run to 400 again at this point if they're reporting like 100 revenue growth and all these other good things but i don't know how bullish the market is for that though they're still trading at 100 times price of sale so that's pretty big there but if they can play catch up i'm sure it would be good for them pop up last good for you man viva system q3 also reported earnings for sure is 97 cents as opposed to 88 cents sales is 476 million that's supposed to 465 it's pretty good top and bottom beat 24 percent increase compared to last year's and 26 percent increase in sales compared to last year's the last year company was trading around 270's it's actually down from last year's it's actually stock is trading around 260's right now down 11 dollars from last year's down a little bit after hours but it looks like they said they're doing much better than last year's so compared to last year they're up 26 percent what's the guidance like guidance is pretty strong too so if you guys into cloud company if you like the company could see some buying up between a next support around 240's damn so many cloud companies reporting today zora also reported as well two cents as opposed to negative two cents as opposed to negative three cents sales at 89 mil as opposed to 86 mil hundred percent decrease in eps compared to last year lost one cent more money compared to last year 15 percent increase in sales compared to last year's company was trading around 11 dollars right now is at 18 so price has appreciated much more than the sales guidance is pretty in line too so nothing big here could see that triangle pattern play out over here elastic also reported elastic reported earnings for sure negative nine cents as opposed to negative 16 cents that's a beat sales is 206 supposed to 194 it's also a beat top and bottom it's however it's 200 decrease compared to last year they lost more money um and 42 percent increase in sales compared to last year wonder what's causing all these decrease in margins because a lot of these companies they're like they're they're making more money compared to last year's but they're they're having decreased margins somewhere it's kind of odd pvh this is the company that designed and market brand and peros in more than 40 countries they make stuff like calvin kline sami hill figures maybe they're paying employees more i'm not sure maybe it's just office office expenses i'm not sure it's kind of weird i don't know what's like what's causing a huge increase let's check out how this company is doing pvh earnings per share is $2 and 67 cents as opposed to 207 sales is 2.33 billion as opposed to 2.41 since earnings per share is 100 increased compared to last year and sales at 10 increase uh last year the company was trading around 80 dollars prior to covid the company was trading around this 105 dollars i feel like feel like supply chain issue might be a big issue for them it says they raised their guidance from 8.5 to 9.25 um for the full year damn that's kind of bullish oh i think that's just from this quarter they just raised it from this quarter so this they had an unusual good quarter and they probably expect the next quarter to be in line oh that's a good point maybe that's what it is maybe maybe they gave people money that's true that could be a good idea but is that really a big increase like that though did the pay go up a lot in um in the tech field as well are developers and engineers and stuff more in demand software engineers everything is in shortage yeah i'm gonna take some requests to chart and look at a bunch of stocks in a little bit yo and you know what that's still not that much because inflation is up like 50 percent if you think about it right like inflation is up like almost 50 but salaries are only up 15 aren't we getting a scam let's take a look at ai earnings and then we'll go a little bit into charts ai is tommy's favorite company so ai earnings per share is negative 23 cents that's supposed to negative 28 still losing money hand over fist sales is 58 mil as opposed to 56 mil uh compared to last year's only 2 percent b actually let me see compared to last year's a 41 percent increase here over year guidance has been great race to to show uh 35 to 37 percent growth so they're they're looking like a turnaround here looking like a turnaround things are looking interesting uh the whole concept of this company is supposed to help like boomer companies catch up to the new tech movement the company is still trading at all time lows hit 33 today broke that super duper support around 44 a while back looks like it's up a few percent after hours due to that good guidance market and closing balance it says it was a 206 to the buy side prior to market close but around market close it was actually 600 million to the sell side but at least we were much better than yesterday because if you guys were here yesterday um yeah this is the first time this is the first time ai is up on er um but if you guys are here yesterday i told you guys yesterday was a huge like selling opportunity because you know we had we saw market imbalance i think it was one of the highest imbalance i've ever seen i think it was like eight billion dollars to the sell side so what that means is that a lot of people are unloading and and i said that i speculate that you know um mms are probably just unloading on retail traders and just getting retail traded to hell the bag and i think they just did that again today because if you look at the market it was up for no reason today i wasn't even sitting there starting to doubt myself because i was like damn um you know i was pretty confident the market was bearish but we had like that huge recovery gapped up um came back to that trip that i mean that double top from yesterday's yesterday's opening price around 463 and look at that 13 point drop man biggest scam out there so i felt bad people got caught in that that was a pretty scammy move all right let's take a look let's take a look at some stocks damn sorry to hear that man nothing going right nothing going right yo oh they had bb bbw had uh earning today the sell and and buying balance is only 600 million to the sell side so not as significant yesterday we're talking about millions today yesterday we were talking about eight billion so it's you know so what that means is that it's coming down a little bit oh this is what happened this is what happened this is why i moved so much so billy bear workshop report record revenue pre tax income in fiscal 2021 the clear special dividend and authorizes a stock we purchase program and again we raises the annual guidance so this is a pretty much like a short attack anybody that is like trying to short them they're they're like trying to squeeze the shorts here anytime a company does a special dividend it's usually to squeeze the shorts so they said they generated about 95 million in total revenue an increase of 27 compared to 2020 third quarter 35 compared to 2019 that's good i like that they reported this number um because they're saying that they not only did really good compared to last year but they did even better compared to 2019 prior to covid um and then they also declared the special dividend gross profit margins is up what is it man shit it's a good quarter what's the special dividend at though show me the special dividend oh so special dividend is at $1.25 per share and they're doing the we purchase of uh 25 million so market cap is 274 25 divided by 274 about 10 percent yo that's a big that's a big move so company is trading on 17 i'll put them around this price 19 dollars and 78 cents it's moved about that but that's why we think they're they at least value at two-year basis they were trading on five dollars there oh this company is still pretty overvalue man i don't know it's kind of hard to we have to really sit there and figure out the math it's coming down it's coming down it's coming down for this company let's check out the charts check out the charts i don't think we die i think it was just a good area we're coming back to the trend line the bottom side the upside is a downtrannel too actually check this out check this down channel i mean if you could try to draw the downtrannel but really it's just the moving averages um you can see where we kind of reject it on the script so oh shit my feet fell asleep so um on the script here you can see like it kind of came back to that's moving average over here around 460 and it tried to squeeze above it to kind of signal a bullishness but it was really a trap and kind of rejected up there and just came back down coming back down to the bottom of the trend line now so okay you can draw this here we're overextended even more so we're at 450 right now although we're down here so i even broke that trend line so even if we do get recovery tomorrow i can see as we covered to i can see ours potentially we covered to like around 459 because usually the bigger the drop the the stronger the bounce as well i'll give you a chance to understand this in a little bit so i'm gonna release our swing indicators uh this week for sure for sure we're in the wrap the flight finishing up our um presentations and stuff so i just got the powerpoint system set up things are almost there um getting getting everything finished so that's gonna be pretty cool um if you guys are x-ray members you know where we're gonna release it we're gonna release on the x-hubs it's gonna be about 250 dollars because there is 252 trading days in the year if you guys can't make a dollar from this this indicators man i'm ashamed right so i'm confident that that you guys can easily make at least a dollar a day from the indicator so that's why i'm probably gonna release it for around 252 dollars or maybe 249 um but it's also gonna come with like 30 minutes of mentoring as well because i don't want to release the indicators just for you guys to like have no clue how to use it whatsoever right i want you guys to be able to understand not just from your perspective but from my perspective on how to use it and and whatnot so that's gonna be pretty cool too but if you guys gonna if you guys stick around to the end of the stream i'm gonna give you guys a deal on that too so let's take a look at tsm took the spy 458 put today at 0.06 and scaled out at $1.50 damn hello sexy bro good stuff good stuff oh the damn thing went over eight dollars what the hell yo i mean you should you should have checked out the stream yesterday we legit called out this number i legit sat here yesterday and i was like i think we could possibly come down to like this 452 451 area so when we were stream yesterday i think it was like 452 that was the target i had to start buying the dip so we kind of came back to that area pretty well um you can also say like even if you weren't using the script you can just draw the support and resistance line too and you can easily define that as the next area of support from here because we had hit this area as a previous resistance so since the candle is above this area before it is now support so that was also a line there too so there's just a lot of confluence there man um cyber ones day yo never seen an option go over about a hundred x in a day damn congrats yo it doesn't happen a lot um so we're gonna look at we're gonna look at paypal and then tsm i got you guys oh yeah so since you guys are here the next a report i'm looking at is probably 447 we may or may not hit there but that's probably where another area where i start adding um position as well so 446 447 there um because ideally we want to where we think the market is more bullish than bearish right but if you're going to start getting in position make sure you're going one month to two months out because you never know if you're going to phase this where just straight bounce or if it's going to be like a chop where it's going to take over a month to bounce like this right because we talked about the whole new covid variants and how that could affect the economy um you guys you guys got to check yesterday's stream if you missed that because i i don't want to go over too much about it i hate me and myself for just repeating anything in general um we're talking about how it could be 60 days of supply chain issues and and all that stuff so let's check out paypal to see the buying opportunity there so paypal actually came up with some pretty good news today um so they said that um they they will offer pay in four which is uh paypal's credit financing option for wix's e-commerce merchants for people that aren't familiar with wix wix is like a web builder um it's kind of like Shopify in a way but just a website version of it and this allows customers to split the cost of a purchase into four interest free payments made every two weeks while paypal's credit offer six month financing on purchase of more than 99 dollars so paypal's also getting big into this a firm space you know a firm upstart all these other companies that are doing like buy now pay later um so i think i think that's a very very bullish thing for paypal and and that's something that i don't think the market has priced in it which means we could potentially see a big big bounce in paypal um however the level i'm looking for is around 176 area that's where i ideally want to start position um last time we were possibly looking at this 200 to start position we thought that was going to be a psychological support it was not the area you know i mean it did bounce a little bit it did bounce a little bit here it did have that dead cat bounce a little bit the psychological $200 support um there was also some support here in here too um but obviously we broke under that so we came down a lot more and i think we're we're at a really good buying opportunity now because there's so much hype behind that man and and you know like if we thought a firm partnering up with amazon was big how is paypal's doing this buy now paylarity thing not a huge thing right so i also read some other news that says that um their their sales are up bigly too like they said their sales up for black friday's a lot i don't see it here but i saw somewhere um in the news on pazinga today oh yeah um i also saw that um paypal is offering like $10 free crypto uh if you buy bitcoin with them so that's also a pretty interesting thing too they're just doing a lot of things man and i'm surprised that the stock just keep dropping oh yeah no wix isn't that big of course but paypal is a platform is big though yeah so there's a huge move in that people are getting really bullish into it i mean compared to last year paypal's high was around 122s 123s right and it's it's like it's start it had ran a lot it ran to $300 so obviously it got our value at some point but as it's starting to come down i think we're getting to a really interesting point of uh of uh opportunity so i'm i would be looking at the 176th area to start a position and i'll show you what position i would start to just as um just as a concept let me find a discussion channel so if you guys in x-ray i'm going to post this in discussion channel posting paypal so that's an interesting buying area near 176 that i think we could potentially hit i think i think they're gonna offer it across like multiple things but that's just a new partnership they have that's just like i think that's just one of the new partnerships that they they just achieved recently that's why so if i was doing a spread on paypal i will go to the next earnings because i know that by the time they we we port that next earnings um they're probably gonna release uh i think paypal has um bitcoins as well right um because i know last quarter bitcoin price was down so when they closed the quarter and they closed the quarter on the bitcoin price it was very low so they reported again this time i know at least that was for square so they released it this time it should be a much higher number so that since they're a little bit linked to bitcoin too and they're also expected to have a better quarter in the previous quarter as well so previous quarter was 6.22 estimate that reported 6.18 that was a miss even though eps was a beat so this quarter is 1.12 and 6.9 if they do if they do beat that and they do even better than that on that number um this could potentially skyrocket the stocks from you know 170s back to 200 plus so it was trading around 180 right now 179 i would probably do the 180 to 190 um going into february so what is that earnings is on february 2nd so getting the february 18 contracts so the cost is about $423 um if you go pretty close to the money at 180 to 190 and and your opportunity to profit is 577 if it hits like if it hits that price if it hits like 190s by february 18 um if you want to go a little bit cheaper you can go to the 190s and the 200s as well because if it moves back i could see it easily move back to 200s if not to 20s right so if it moves back to 220s um this other contract is a little bit cheaper at 190 to 200 at 310 um you could potentially make about 690 so this makes if it makes that move to 20s you would make anywhere from 385 to 690 by february so those are some interesting moves that i would be looking at yeah the premium is pretty juicy too so i'll post this fair two the option strategy as well so you guys can check that out the fiat world you said you wanted to check out tsm this has been moving after hours despite the market dropping oh it didn't move after hours it's at 120 let me see so tsm tsm has been disappointing us pretty hard um last time it was moving at this 125 area it looks like it wanted to break and it didn't break you know so i ended up coming back down tested this 116 area actually found the support yesterday and bounced back to the 123 looks like we're getting that we we got that rejection at that 123 again so we're coming back to the to the 119 120 area of support if this whole if this area over here holds this uh this is 117 i think if 119 holds it could bounce otherwise it's probably going to come back to this 116 again so that's kind of how tsm has been playing out it's been playing these support levels really well actually i guess we can skip that 119 man man koso says inverse koso says just a regular head and shoulder as well which is actually pretty bearish if the head and shoulder plays out oh it was up today with simis down oh i think um i think tsm went up because of global foundry because um global foundry reported yesterday what's uh global foundry's uh ticker gfs it was up a little bit so i think it was because of that and the other the other semiconductor stock um amba was also up a lot today um bursted through from 180s all the way to like 225s yeah i didn't expect that to come too that was pretty crazy i i was tempted to short it this morning but i was like nah i don't want to make too much uh crazy decisions that's right man stocks only go up so there's your tsm levels bj's the bj's wholesales yeah that's a good level um i think we looked at bj's earnings and they had share we purchased let's look at that earnings again that's a good area to start position 63 um it could even come down to 61 and possibly 56 but if you believe in it just keep buying it on the way down alb i saw that um some of the stuff were down like a a was also down today as well oh yeah so bj's did a 500 million dollar stock buyback so they had a pretty good earnings um and they had a big move 14 percent year over year growth reasonable sales increased digital enable sales growth and the 500 million stock buyback yeah i think naturally these companies are are going to do pretty well i don't see them ever going down bj is going to be like the next cosco yeah it's just going to keep going up up up on this super uptrend you guys see in the cosco char right it's just like on the super uptrend like this i feel like bj is going to do the same thing i should have kept my position from 20 i actually go to bj's a lot more than i go to the coscos because um the bj's i go to they have like three different floors of parking and people are always so lazy they never want to park in the third floor or the second floor so that's where i usually prefer to park i would probably add bro i wouldn't even wouldn't even cut the position let's check out um alb so this is like the lithium company benefit a lot from that they also pull back a little bit i guess this is a reasonable level to start a position around 260s the ideal area would be 251s and obviously the super area would be down here to 34s alb here you go masternader i'm going to post that in the discussion channel i hope that helps if you're looking to buy more add in more apps a chr bb tillray will pick up some fuel cell here as well true degen style i like it what's a chr i i did pick up a little bit amc today though um and apps yes sir roku i got you let's check out roku roku is bound to be buying opportunities soon right bound to be bound to be so i remember looking at roku over here around this 230 something range thought it was gonna bounce then that bounce came back under it tested that area got the rejection couldn't break over it so i think the next area we're looking for roku to hit is 199 it's trading around 208 right now so not that far away this is probably the ideal area to get into roku um you know we talked about how double bottom is very very bullish move on the stock charts right um but the reversal of that is a double top right so that's what we kind of have here and i think this 199 area is going to be where it could be a good area to bounce like 235s what's your screen name in uh court thoughts on ptn i'm not sure about this company what's ptn not that familiar with it looks like it's coming back down um from that that big move let me take a look yeah looks like we're getting reversal down next area support would be probably 47s if that doesn't bounce on 47s you might see a dead cat bounce on 47s but if it doesn't it's probably gonna go under ptn post this uh the chart as well so ideally 47 area ouch yeah roku is like that what's up jj uh bowing i feel you man same here i had those before too so they're going to produce content yeah they are they're they're really in the process of doing that they really have like roku channels they bought out some companies and stuff like that yeah video is pretty strong um let's check out ba haven't looked at ba in a while hate this company how come square changed their name to block so one of my other charts has um ba on this other trend and let me see if i can find it for you so i'm on all the chart i have this super duper trend line on ba and i think this trend line could hit again so this trend line was drawn from february 19 february of 2019 started from that top here um hit over here it got it hit here one time and here one time and then it hit also it also hit this level actually right before the market dropped so i i i really respect this trend line i think is really accurate um and fast forward to 2021 um in march we broke over the trend line as you can see so that's the orange trend line here we broke over which is good um when the company breaks over it's very bullish right so it broke over um and back tested the trend line so this trend line used to be a resistance trend line and now you can see it's a support trend line so it broke over back tested bounced off that back tested again and bounced off it back tested again bounce back test bounce um and then back test again so you can see how effective this trend line is it's like it's like the bread and butter of bowie man so we're about to test that orange trend line at some point another and that area if it was to test it would be 166 it sounds a little bit crazy but i don't think 166 is that hard um 166 we'll put it in line to like to like last year's price point before that big move up so that's somewhere around like last year september 20 price point um and that's kind of an area where a lot of the cruise company has came to so for for bowing to go from 190 to 166 it's not impossible probably a good reasonable chance there jj what's your screen name on discord so i can um i can add you if you want or you can check it on discussion channel i'm gonna post it there so if it hits again i think that's where it would be a really good opportunity no problem man i got you so i think that's pretty much it for today it's like around 510 i'm gonna end it here um but we'll be back here tomorrow hopefully you guys have some green trades uh we'll try to find some buying opportunities for for tomorrow and hopefully this starts a flat out and it begins like the start of um of a balance but i wouldn't want to be too bullish here just because there's it's hard to foresee the uncertainty you know i don't know if this is going to be like another march or like i don't know if this is going to be an area for another march 2020 or if it's just going to be one of these regular drops you know or like like the delta when did the delta variant came out when did we first started hearing about this delta variant do you guys know since the delta variant was named on may 31st 2021 that's right thank you cp so let's check let me check the spy chart on may 2021 and then it says it has spread to over 163 countries by august so may to august look at the chart real quick let me look at a cleaner chart so this was may um we had a double bottom drop didn't even drop that harry oh and then it says it got very serious in august so i guess the september drop would kind of be like a good example so ideally we're looking for the move to the yellow line which will be here and then the bounce back to the medium which is around over here so that means we would we'll ideally want to drop to around 448 bounce back to about 460s um so if we set up a double bottom or this in this case is the inverse head and shoulders so inverse head and shoulders for the move up um so over here you can look for a double bottom for a move up as well that would be another bullish signal too yeah i mean delta was mainly in in india but and it says we didn't have a lot of impact here but if you've read about a little bit further in the news actually did end up impacting a lot throughout the world um and i think it did impact here a lot we just did not cover it as well like it just didn't get much media coverage um anymore but i think it did impact a lot but yeah well we're gonna end it here guys um oh yeah i did i did mention about a special deal earlier so for some of you guys if you guys are interested in the algo um that we're gonna release this week we're probably gonna release this for about 252 dollars or something somewhere around there um for anybody that if you guys want to get into the beta and you want to get in a little bit earlier anybody that picked up something from the wishlist just put up put your trading view name and your um put a trading view name and your discord name and we'll get your access to the beta for free that's it guys thanks for stopping by and hang out and have a good day