It's almost love day. I'm leaving it up to the universe. Prayin' the timing is right. Imagine a poem to write for you if this how I rhyme on the mic. Romantic Frank Sinatra while I'm dancin' That's romantic Feed her chocolate when she crampin' That's romantic Sticky notes with inside jokes That's romantic Cannot wait to jump her bones I got trust in love In love I trust In love In love I trust In love In love I trust In love In love I trust Love is all I see Love is all I need Love is all I feel Love is all that's real


Everybody force and Jake here up in a personal box for John Pete say 2023 bowman draft baseball super jumbo. Good look Yeah, it's more for just consistency. Honestly, like it's not Like we discussed it and I was like well for consistency sake like We don't take we'd also don't maneuver cards So if we only maneuver them as much as we possibly have to like see me in top loading like we don't take leave top loaded cards that have the top loaders and stuff so It's like a uniform thing make it easy This is not complicated things and this for us to be consistent All right, so paper base is not shipping this John. We'll make sure I'm vicinity color. We'll just keep going You go get some water if you do or something Yellow refractor drew Gilbert numbered 70 of 75. What's wrong with the what's wrong with the person's banner? This is person's are full Refractor white Langford scone wetter a hoonah Fractor of a Hollinham weninger First woman auto Homer Bush jr. Or the Padres. It's up Vaughan. I'm not sure what you mean Well, just has the person's name then it says that there's their full so there's some orders now that it will go on a Wednesday White blue paper to 499 is Abner for the D-backs Right. Yeah, I yeah, I want I would like to say that I'm glad I typed that a Bradfield glass mini diamond out of 150 for the Orioles there. Oh Orioles is going to John here Yes, as a breaking something for John and then person's are also full factor of Rodin parada Nivens the Paula Homer Bush Save your Isaac that's Hackenburg hit and a gold wave Johnny for a mellow nice 39 to 50 Johnny for a mellow first woman auto Good hit John Wood Jackson holiday See we keep it going John glass of Paul Skeens with a sparkle of Jackson holiday Skeens base chrome fractors now Watts Brown Menachi Troy Hall Emerson Gatto Mike Bov Jackson holiday with a class of 2023 autograph Adrienne Santana Adrienne Santana, who do you think Adrian Santana's favorite Ray mascot is He's Raymond. He's not DJ Kitty No idea Green paper to 99 is Wiggins for the Cubs. It's a Langford base Green Paul Skeens draft picks and prospects insert numbered 55 of 99. That's good. People go to hockey games fractors of McLean, the Spencer Jones Dylan Campbell Brady house That's Kendall George Yonkel Fernandez Sean Sullivan Coleman Picard a Tai Pete first woman base autograph here Tai Pete. Fortunately the auto goes off the side here We'll add a control in the Tai Pete and Vaughn is Vaughn is hooked on this No, there is not Roberts. There is not actually Fuchsia Fuchsia Aqua to 199 Justin Crawford say Clark base Glass Tai Pete purple the 250 hero Wyatt refractors Trey Morgan Michael Arroyo Rock Bradenburg Gavin Cross Luke Kishal Duno Jacob Gonzalez Amano Bonilla and a Blake Mitchell Blake Mitchell first woman base autograph The pretty solid box there. Thanks for the order John Get out to you Shortly


impacts of nationalism on sociology. So in this session we are going to discuss the impacts of nationalism directly on sociology. We all know that sociology is basically related the knowledge based on individuals, society, their interaction with each other and the implications of politics and economics on individuals as well as on the society. So when we talk about the ethnic nationalism then actually we are going to discuss that a group, a feeling of collectiveness, how it can impact the field of sociology. That ethnic nationalism is as open to individual ambitions as our nationalism of the two other types. Basically your nationalism, specifically the ethnic nationalism, what does it mean? My identity is a specific ethnic group based on affiliation on the basis of religion, language, race, a particular culture, sometimes of which it can also be a region. So when people or individuals consider themselves as a group based on a factor, then what impact does it have on the society? Obviously the various implications and impacts of this are different. Because when a group is formed, what does it want to do? It wants to build a combined public opinion. And when a combined public opinion is formed then because of that it will also have an effect on the political system and on the society. Then nationalism in general do promote political process and development in many ways. It is quite simple that political activism obviously takes very different forms in ethnic nationalism and in individualistic and civic nationalisms that produce liberal nations. When it comes to ethnic nationalism, the way it will train its people, the way it will design a conscious approach regarding a specific group, the loyality will be more towards a specific group in comparison with those people, those democratic systems, those political systems where people have a common civic sense that they belong to a state, they belong to a political system. The approach they will have in them, their deliberate efforts will definitely be different and there will be more opportunities for a political system to perform or to work for the people. So in liberal states such nationalism is usually referred as being introvert which focuses on the internal dynamics of the state and its population. Any liberal states or where political systems are developed, why is that? Because their focus is on their cities, on their people and that is why the impact on the overall, on the society and especially on the social actors, whether they are in the political field or whether they are performing their duties in any field, the pattern of working or the pattern of citizenship, that is very improved because people think that they are enjoying the rights but still they have to perform certain duties. The right of the political system is also on them and they have to give rise to all the rights that are being implemented on them by the system, or under the constitution or under the law, as the citizens of that specific state, they have to perform certain duties. So the impact of nationalism overall on sociology, if we want to see it in a concise form, we can say that sociology is a combination of individuals and their interaction with the society. And nationalism can be an individual feeling, it can be a collective feeling, but that feeling, as long as it is not problematic for the society, individual should manage their affiliations in such a way that they do not create problems for the overall political system or create any threat for the state. So until then, society welcomes these approaches, these thoughts, whether it is of individuals, whether it is of a group or a collective, or no matter how active that group is, if it is not creating problems in society, if it is not creating challenges in society, then sociology always absorbs such feelings and such groups and promotes this dialogue and debate.


Welcome to our talk our session on Copperhead Before I forget make sure that you have your raffle ticket because we're giving away one of these guys at the end and They're pretty awesome. They're pretty good. They're big big robots So the name of our session as you know orchestrate all the storage things An open stack they showing the open stack data availability using Copperhead today we have an and Palagudu Paladugo and Ready and they're gonna Lead us through it Ready is from Intel Corporation and Anand is from EMC Corporation Copperhead as you know, it's an open source Organization and a product and we're taking people from everywhere and with that I'll give you ready All right, can you hear me? Is it on? cool Okay, so I'm going to spend first Probably ten minutes going over Giving you a giving you a little bit of a background on what exactly is the Copperhead architecture and We will drill deeper into a specific use case that Anand is going to go over And then we'll talk about the community engagement So we are really looking forward to you guys actually getting a glimpse of what exactly is Copperhead How can you play a role in influencing the community? technical direction as well as the contribution aspect Okay, so before I jump into the Copperhead architecture So let's go through the software-defined storage architecture. What do we mean by software-defined storage? In a nutshell software-defined storage, you know brings in the cloud Architecture benefits for the storage side of the world What do we mean by that? You know, how do you are completely automate the provisioning aspects of the storage resources sitting in a data center? How do you provide self-servicability? and a single pane of management The key element of software-defined storage architecture is the SDS controller so if you were to look at the The green box that SDS controller it has two major aspects one is SDS controller has visibility into the storage resources deployed in a data center So what do I mean by storage resources? These are the resources from traditional appliances We call them as scale-up things like sand, nas all-flash arrays Or it can be a scale-out architecture Based on the open-source software stack deployed on standard high-volume servers or it can be a proprietary software like scale I vor Deployed on standard high-volume servers Irrespective of the type of the storage backend that is deployed in a data center controller needs to have a visibility into those storage resources And provide the services to applications via some sort of an orchestration that it is running under Typically what you look for is the applications make storage requests not by specific array, but rather requirements The requirements could be we call them as the service level agreement Agreements as well as service level objectives things like how much capacity I need what kind of performance I'm looking for What is the latency? How should I manage these volumes or the course of its lifetime? Maybe I need to back up periodically and so on so applications provide those requirements controller having the visibility of storage resources We'll figure out the best way to optimally allocate the storage Request coming in from applications once that is done It completely gets out of the data the data path Between the application and the storage resource so your data path typically happens to be you have a volume You may use ice cozy fiber channel or ethernet NFS Or some sort of application specific proprietary protocols Irrespective of that that is a data path controller does not involve in the data path only the control plane operations So why do we need? open source SDS controller as you guys know storage management is a complex is a Pretty big challenge. It's a challenge that the whole industry is facing with What do I mean by storage? Automation challenges things like completely automating the provisioning of the storage resources How do you place the storage resources optimally? How do you protect the volumes across multiple data centers? Migrating your volumes the whole rolling upgrade HA all those pieces need to be included in the SDS controller So the question is how do we do this in open way? And we want to solve them but we want to make we want to solve them in an open way and We need to be able to support multiple orchestration frameworks as well things like the traditional Orchestration stacks like Microsoft and VMware Cloud stacks like open stack and then cloud native computing stacks like Docker Kubernetes Mesos and so on The controller needs to be able to work across wide variety of orchestration stacks While managing both scale up and scale out and addressing the storage management challenges so The what is copperhead? Copperhead is the open source SDS controller it provides a Foundation capability to manage storage resources deployed in a data center a Discovery capability Logically pooling those resources based on certain requirements that the data center admin desires Maybe you have a capacity pool. Maybe you have a performance pool. You need to be able to group those resources into certain pools based on what services that you want to stand up and then completely automating automating the management aspects of Storage resources deployed in a data center. So let's look at from the bottoms up so Key foundation element in copperhead SDS controller is how do you discover? Wide variety of storage systems deployed in a data center Traditional as well as the scale out Storage backends we need to be able to discover them. That's a fundamental aspect of discovery You also need to be able to discover fiber channel Networks the whole configuration aspects and the topology and so on the connectivity aspects and then the host configuration So where exactly you are going to consume the storage resources? So typically the discovery includes all those three elements your storage resource discovery Your networking aspects and your compute where the storage resources are getting consumed Once you discover the storage systems, you want to be able to classify them classification can be fairly advanced in within the context of copperhead you're going to see the You know use case where the classification can be based on Certain types of policies you want thin provisioning or thick provisioning. Do you want? Continuous volumes and so on so all kinds of filters you can use to be able to figure out This is what I want to stand up for a given pool. Here are the types of storage backends. I'm looking for So it can actually filter it it can give you the storage resources that meet your SLO Policy criteria and you can actually cherry pick those storage backends and pull them together And then the third element is the end-to-end storage automation The foundation element is how do you? intelligently select resources deployed in a data center and how do you place and Service the resource requests coming in from applications in an optimal way You need to be able to support local and remote productions somewhat advanced capabilities Sand zoning host attachment host configuration and maybe load balancing on the host side sand fiber channel ports as well Migration aspect how do you migrate the data from one storage back into the other storage back end? How do you migrate one release to the next release in the copperhead SDS controller? How do you do the rolling upgrades? How do you retire a specific storage back end? How do you add a new storage back end all those things need to be completely automated? Copperhead provides that kind of a end-to-end storage management The these features need to be exposed via open API's rest API's There are two ways to consume The storage management services one is you can use the rest API's command line interface or you can actually use the service catalogs as a way to deploy shrink-wrapped packages, so things like you want to deploy let's say SAP you know Application with certain back-end configuration completely in an a complete automated way you have a service catalog for that maybe you have a service catalog for Oracle database application that deploys 20 different VMs maybe with remote replication intact all those things so you can actually do package the basic foundational features into a set of catalogs and you can expose them to end customers last but not least irrespective of you know The storage management plumbing it needs to work across all orchestration stacks not just one of them, right? So that's a key thing. We are marching towards things like it has to work with VMware vCenter Microsoft open stack and then the You know emerging cloud computing frameworks as well things like Docker Kubernetes and so on so that's kind of what we think The open source SDS controller should be addressing managed wide variety of back-end work across different orchestration stacks intelligently manage the storage resources Make sure you can actually do the data migration the life cycle management of your storage resources as well as the SDS controller need to be You know comprehended as well in the design So these are all the foundation features that exist today And you know, but we are also looking at what's the best way to integrate into the orchestration frameworks We have open stack integration. We have VMware integration. We are looking at what's the best way to do that with Docker The other emerging cloud-nating computing frameworks Okay, so with that hopefully you got a glimpse of what do we mean by what do we mean by SDS controller? What exactly does copperhead provide today? We'll go through one of the use cases that Anand is going to cover After that, we will look at the community road map what we are currently working on just to give you a flavor of what is Happening right now so that you can actually participate and help us. Okay with that Anand Thanks Hi, everyone. So as Hura has introduced me, my name is Anand. I'm a product manager at EMC My part of the presentation is actually to show you how Copperhead orchestrates use cases so we can provide highly available storage in an open stack environment, right? We'll do this in four parts. I think we'll first define the problem scenarios One for an app admin and one for a storage admin review the EMC platform technology that actually provides a chess storage And the third part is you know understand how actually Viper as copperhead orchestrates use cases along with sender To provide highly available storage as well as data migration Another fourth part is actually go through the demo so you can clearly understand, you know, how this is all done I'm in the right slide Okay, so in defining the problem scenarios, right, you know application It means always want to define SLAs for their applications Particularly for mission critical applications They want the data loss to be zero right in the event of a disaster and they want the downtime to be zero as well Right, so it's actually defining RPO and RTO as zero It's easy to achieve a zero RPO if you have a synchronous replication between two sites But it's not that easy to achieve zero RTO right downtime should be zero. So that's the requirement From a storage admin persona perspective the problem scenario is they do want to migrate workloads to a different data center So to balance infrastructure resources that happens every now and then right so then they want to do it in a non-disruptive way, which is a key challenge So those are the two problem scenarios that we were talking about today and then Vplex is a Storage platform from EMC that provides the HA technology that will actually let us orchestrate use cases to provide a HA in an open-stack environment So as you see Vplex provides high availability and resiliency by allowing users to Create mirrors for their storage volumes the mirrors can be created in a single site or across sites And after mirrors volumes are created Vplex will allow you to access data from any site You know these sites are at a synchronous distance So site A and site B you could access data from site A or site B, right? That's what the mirror does Vplex also allows you to migrate data from one array to the other a whether it's in the local data center or in the remote data center And then finally with the recover point It also has the ability to give you a local protection or a remote DR protection So when it's actually protected in the remote site Site C we call that solution Vplex Metro point So there are three ways to deploy Vplex a single site HA If you deploy it across two sites, that's Vplex Metro cluster And then if you want a DR, that's the Vplex Metro point solution, right? So that's Vplex So copperhead working with Cinder in an open-stack environment orchestrates three use cases for Vplex Provisions highly available storage for EMC and non-EMC arrays It actually can orchestrate data migration use cases for Vplex We'll actually see how it all done Also, it has the ability to do change the normal storage to a highly available storage, right? You may have provision storage for an application and then later on it became critical and you wanted to provide HA option for the application Copperhead can actually can convert that to highly available storage So I'll give you a high level overview how things flow in this slide, but we actually have a demo to show everything so once you have registered the third-party array driver Cinder driver and the copperhead Cinder driver the workflow is essentially like this, right? The end user goes to horizon UI. He requests a volume to be created Open-stack Cinder gets the request and it's passed on to SDS controller copperhead and Copperhead using the Cinder-Southbound interface creates provisioning on the non-EMC arrays and That storage that it provisioned actually is now mapped to Vplex right through sand so the proper storage that Copperhead provision here is now available to Vplex as a backend storage, right? And after that copperhead uses the native integration that it has with Vplex to create a virtual volume which actually represents Two volume mirrors, right? And then this volume is given back to Open-stack Cinder attaches that volume to the instance that you have created. So that is how the whole workflow goes So I'll actually get into the demo next So I have to get off the deck So this is actually a live demo, but we recorded it for convenience sake so I may have to Pause it sometimes to talk about the stuff actually this a little faster than Okay, so this is the copperhead Dashboard when you log into copperhead, this is a web-based UI You see all the Infrastructure that is available to you in copperhead the physical assets the logical assets that you have created the state of the Wipe copperhead instance whether it's stable and then what capacity you have for free right at the total capacity And then how much capacity have used etc So before you orchestrate use case and any storage array the storage array has to be added to copperhead right So if you go into storage systems You'll see that we have a bunch of non-EMC arrays here the three-part array the Fujitsu Eternus array and then the EMC VNX array. So all the three arrays have been added to copperhead And as Reddy was talking about the fundamental value of copperhead is that it abstracts hardware and it creates logical pools of storage So if you were to go into virtual arrays You would see that we have created a virtual array called open stack This virtual array represents the Vplex array and all the back-end storage arrays and all the fiber channel pores that are required to provision storage Right, so that's the abstraction here User is not aware of what is below this layer. I think my mouse has moved a little bit. Sorry And after you have created the virtual array we can go ahead and create a virtual pool Virtual pool the notion of virtual pool in copperhead is that you know, you can actually define Storage on a policy basis, right? For example, in this case, we're creating a virtual pool which is for highly available storage So we can define what hardware we want here It's a third-party block and highly available Storage we actually pick the Vplex local option and you can also define other policies like you know, how many Snapshots you want etc in terms of data production So this is where we select the storage pool, right? We actually picked up Eternus storage pool for this Pool So the screen just shows you that the pool is created and actually here what's happening is now We have gone switched back to horizon UI will create a tiny instance called copperhead demo So the instance should be ready And now we want to provision a volume for this instance, right? So since copperhead sender driver has already been registered The volume that we're going to create here is coming from copperhead. So let's call this volume data volume And the pool you're going to choose is the pool that we just created, right? size 10 GB Create the volume So the volume is getting created So if you switch back to copperhead Events you'll see that I don't know if it's actually clear You will see that the create volume operation is underway, right? Copperhead has received the request and it's creating the volume on the 3 power array so it creates the volume it adds the volume to the masking view so that the Vplex can see it and And it creates the Vplex which will volume as well So all of this in the back end is being orchestrated by copperhead So we're going to attach that volume to the instance that we just created Tiny so the volume is attached And the volume is actually dev PDB So we can actually now go to the instance console And the create a file system on the volume that we just attached there is no way I can speed up so So creating the file system And there's a reason why we are doing this right actually we wanted to show how the failover are you know disaster recovery condition works So it becomes seamless to you then so create a directory Mount the file system and then create a file Okay, so that is the initial provisioning right what we have done so far is We have an open stack environment with copperhead and then third-party erase EMC and third-party erase User has requested a volume to be created from open stack horizon Copperhead has actually provisioned the volume and that's the Vplex which will volume right the two other use cases that will Actually go through is you know one is where you just created the volume on three part Right you want that volume to be migrated to the fugitive fugitive return as array How does that work right? How does our copperhead do that? That's one use case The other use case is you know the volume that we created will actually make it a highly available volume Meaning create mirror on the other data center Take off one array and then see what impact does it have on the application right so that's the highly available part So we'll go to the first one. Oh, sorry. I didn't click So the initial use case of migration the workflow starts in the horizon UI you pick the volume and then say change volume type So that actually triggers a data migration workflow in copperhead Copperhead communicates with Vplex and seamlessly transfers data from one array to the other so as you see here retyping is happening And then if you were to go back to copperhead console You would see that copperhead actually creates a volume on the other array where you wanted the data to be migrated to and Then the orchestrate the migration workflow through Vplex And then all this is happening All of this is happening when application is still alive, right customer doesn't even notice anything So everything is non disruptive. So there's not enough data. So the migration actually happened quickly, right? So now as you see the volume is a turn us and if you go to the host and then say my file My file is still there, right? So you simply move data from one array to the other The last use case is you know Convert the storage to highly available storage take one leg off and then see what impact does it have on the application? So that's what actually gives you zero RTO even if one array is down. You wouldn't even notice a thing So the way you create highly available storage is you know go to copperhead UI in the service catalog There is a feature called create continuous copy So this create continuous copy function actually creates a mirror For the production volumes on the remote data center. So we pick the same volume data volume that we created We call it data volume mirror and then order for mirror So mirror is getting created So again, I think you know Vplex has to make sure that the Volumes are created on the other end and then the synchronization happens between the two copies All of that is done. And then if you click on the data volume And then if you actually see the continuous copies, they are created Right data volume error zero is created So the way we can actually map these two back ends is to go to the Vplex UI So let's note down the device label for this device Let's go to the Vplex UI And if you look at the inventory for that particular device label You would see that it has two legs, right? The virtual volume has two legs One is on VNX and one is on the Eternus shown by two different paths Now what we'll do is we'll go to the mapping and then take a learn out of the Consistency group for VNX. So that means we're actually breaking one leg down and then still see if customers can access data from the other leg So volume is being taken off from the consistency group. So when you do that what happens is the Mirror is no longer in a healthy state, right? The UI actually will show you that So as you see the mirror is in this trusted state but if this has no impact on customer data because Data is being no access from the other mirror, right? So one leg is down The other leg is still active and if you go back to the application and then Find the file file is still there That's what gives you zero downtime one leg is completely down one array is completely down, but you still are able to continue the business I think that ends the demo All right, thank you. Hello again So I'm here to talk to you a little bit more about the community side of the project and If you forget everything I say everything we've seen today But you want to remember There's a community site right there Copperhead HD at github.i.github.io And if you don't want to remember that either you can just go copperheadhd.org Org and that will take you basically to that page from there. You can then jump over to our wiki and There are links to Stash which is where we have the source code. We also have an image of copperhead in GitHub so if you want to if you prefer to use github and just download everything from there, that's fine We always keep our stash repository in sync with the github But we are using stash for like if you want to do a submission of code you would do that on the on the stash server For issue tracking we're using JIRA for continuous integration. We're using Jenkins. So pretty standard In everything in everything in terms of the tools For our communications Instead of IRC we're using hipchat it's it's nice it works and There were issues with running IRC at the time between all the different companies etc. So We decided to go with hipchat and then for Forums and that's sort of conversation. That's a longer term sort of conversation questions or discussions, then we're using a Google group Which has served us fine so far. So, you know, we're using that So But again, if you forget all of these pages copperhead.org On the outside, I've got some stickers and some cards which can remind you that So feel free to take as many as you want Just leave some for the guy next to you So things that are going on right now. Let me just get down here So we're talking to different companies storage vendors open stack integrators northbound orchestrators and You know, we're trying to figure out who who wants to collaborate who wants to play Right now EMC and Intel are kind of already in all in and and doing development and We're in we're at the stage where we're like I said looking for other contributors Which is why we want you to join us Things that we're working on so today As most of you know, there's a product from EMC called EMC Viper Copperhead is the same as EMC Viper, but it's the open source version So EMC Viper comes out in Susie. It's built on top of Susie Copperhead is built on top of open Susie and we are in the process of creating new distributions Platforms so that it works on Ubuntu that we've got some people working on Docker There's a guy who actually already built a vagrant file which works really well So that's one of the things we're working on one of the projects. We're looking for support and more people We're working on you always improving the copperhead on per stack integration We're always looking for more southbound interfaces more Being able to support more arrays from more vendors Okay, this is stuck okay, we have This right here the copperhead command is One of the little projects that was built on top of it, which basically what it does is it gives you Sort of a CLI interface. That's more of more like a like just using a regular shell tomorrow, we're gonna be we're gonna have a Both session verse of a feather session at 9 a.m. In Sakura S1 and S2 and then in January We are going to be doing a the second developer meetup It's gonna be held In the Oregon State University campus in Corvallis, Oregon. You are obviously all invited It would be awesome if somebody shows up there from this thing come check look look me up Send me a message on the on the copperhead forums And with that, you know, we thank you very much There is a raffle to do next so before I forget as any does anybody Not have a ticket Raise your hand Before that, yeah before we raffle the thing. Are there any questions only the good questions will get that Oh, yes, good questions get you an extra ticket. I Would hope so I don't know See I can say these things and then she's gonna be you know if there's any questions We have yep right here. We have a microphone coming to you So as you mentioned about we planks with Corporateity and you said that business continuity will go Right. So what about the right operations because as far as the operation is concerned you shown the demo But what if the right opportunities are going on Actually, as I said We flex mirror can be accessed from any site site a or site B So in this case, you know, I probably can assume that your host is inside a But the two legs are inside a inside B, right? You're actually doing reads and writes from site a So reads are served from sorry site a but writes out to be acknowledged by both areas It's a synchronous distance. Obviously it has to be less than round trip has to be less than five milliseconds Yeah any other questions and And then using copperhead does not add or in any way affect Those numbers because we are not in the data path at all. Well, this was either the most awesome presentation ever or Just not really good at all because there are no questions. Hope it's the first one. Thank you very much And so for the for the raffle She has the bag. It's a secret bag. Who is the very high technology right here? It's an open source bag There is a number on this ticket That says Two seven three five three three zero We should have a winner back there. I see a hand come on over I am very jealous, but I was not allowed to be entered Thank you, everybody. So we have another session starting at 440 with Randy bias a meat tank Lachlan Everson and Josh Bernstein. So it's a panel about open stack futures and Web scaling for versus containers. So if you'd like to stay, please feel free We are not doing a giveaway for that session though


Today the Belgian Navy ship Codilla acted as a motor vessel Tottenham. So part of my crew plays in the civilian clothes the crew of the motor vessel. And this motor vessel was taken by pirates. The pirates throw away their weapons and they hide it in the ship. And then the Angolian boarding team boarded the ship and found the pirates on board of the ship.


The following is a presentation of TFNN the morning market kickoff with your host Tommy O'Brien Good Friday morning everybody. I'm Tommy O'Brien company alive from TFNN jobs Friday and quite a number you catch a print this morning folks And you're talking about a print of 528,000 jobs added in July the estimate was for about 250,000 jobs We have an unemployment rate back to 3.5 percent labor participation rate is down But you're talking about 500,000 plus jobs added you're talking about an unemployment rate at 3.5 percent You're talking about that. We are now back above Employment levels coming into COVID granted. We're talking about two and a half years ago So there should have been jobs created coming into COVID over the last two and a half years if you were on the same trajectory Nonetheless, we've gained them all back and we lost tens of millions of jobs So it's pretty remarkable the cycle that we've gone in the last two and a half years the economy still chugging along Boy, I know we got two quarters of declining recession, but I think we're all getting a lesson as to why that Statistics may not be indicative of a recession whatever is going on There are various factors across the board in this economy But when you're adding half a million jobs every single month and you have an unemployment rate at 3.5 percent Very difficult to call that a roaring recession as we come into inflationary numbers next week for CPI And you get the markets reacting the Fed said it folks and I've been talking about it All Chairman Powell said last week was we're gonna listen to the data The data has been horrible when it comes to forcing the Fed's hands to high grades this morning lines up with that as well Pretty remarkable that I say the data has been horrible that data has been horrible if you're hoping the Fed Doesn't need to hike rates. Okay, that has been great if you're talking about the economy man 500,000 plus jobs 3.5% unemployment Declining workforce we'll get into that in a moment that one probably not healthy Nonetheless, it's forcing the hand of inflation, right? You have labor participation rate down You have 500,000 plus jobs being added Wages gonna play into the role of inflation when you are fighting for human capital as many companies are right now in A big way. All right, let's jump over to wow We'll kick it off with the markets S&Ps down 40 points right now. You're trading at 41 12 We were as high as about 41 60 overnight yesterday early. You were 41 73 We come into that number right at about 41 60 and you drop 50 points just like that Nasdaq 100 You're off 1.35 percent 13,000 144 You got the Dow off six tenths percent and the Russell off just more than 1% crude Hang in comfortably at about eighty eight dollars. That's gonna have some deflationary pressures crude 88 33 Down from 96 bucks just about 48 hours ago man that crude market gold gives back some of the gains We've had man gold up to 1812 yesterday. You're back to 1783. We get action all over the place How about the moves in notes and bonds right now folks? You are talking about a 10 year of 2.81 percent. We're right back man. That's the third year We're down two full points right now in the third year at 141 and you're down over a point right now to 1 1908 We're pushing right back to where we were in terms of pushing 2.8 percent right now 2.81 to be exact the yield on the 10-year We're talking about higher rates coming at you folks with the S&P's down about 43 points coming into the opening belt We jump over to the volatility index this morning There's a little spike for you up to 2251 on that vixx We come into that number at a pretty relatively reasonable 2150. I mean for all things considered folks look at this vixx action All right, just zooming on this calendar year There's December 31st. We got a spike to about 39 in January get a spike to 38 in February Back up to that area in March you subside for the bit of pot of March in April back to 36 in May back to 35 in June Right July we don't hit any big numbers July one of the only months actually you make it through the entire month Right because early March we had a big number in there Late April you were already up to 34 March April May June no July spike and we come into a number that basically says 75 points is coming at you folks Now we get CPI next week. That's going to be a big number probably Even more important than it was coming into this number now that all the expectations are going to be Hey, man, the Fed said they're data dependent. We got an unemployment rate of 3.5 percent We have an economy adding 500,000 jobs in the last CPI print folks was 9.1 percent now here's what's going to happen. We're going to get the CPI print next week We're going to get that print for July. Okay, July when you look at energy Prices as well. Yes. Okay, those numbers have come down. But again, this is delayed data. Okay, we're getting numbers for July It's already August 5th now July You kicked off July at about a hundred and ten dollar crude and it's been a slow side slide the whole entire month Okay, so you're not going to see as big of an impact as we're seeing right now with crude under 88 dollars in terms of The impact it may have you are going to see an impact But what's the core number going to be because the Fed focusing on core as well You take out food and energy more volatile as they've said the core number, especially the energy side Okay, because the Fed's not going to be able to control oil completely But they're getting a little bit of help right now with crude under 88 dollars But we get CPI next meet man and you better watch out for that number Because this market's going to be jittery at 4100 man. I mean all of this optimism folks. Okay Let's pot tie it back to last week. All right, I got to go back 10 days. We're gonna take a 20 day. Okay, we go back Let's see. Where do we kick things off? That's this week Yep, and here is the beginning of last week essentially we came into the big week of tech earnings We came into a Federal Reserve meeting at about 39 76 the earnings went just about as well as they could have the Fed meet Went just about as well as it could have as well But when you think about where we could have been on that market Sorry, I got a little distracted there We are still a hundred points above where we were at coming into that Fed meeting folks And if the Fed had said hey, I think we're gonna get 500,000 jobs added For next month if the Fed said hey, I think we're gonna have 3.5 percent unemployment If the Fed said and we're gonna hike 75 basis points I think the market would be in a lot different place And I don't think it would be sitting at 4,100 right now as the markets continue to slide it Maybe a dicey open folks. I mean, that's where I put in some context here. Okay There's your Fed action folks. Okay, there is the Fed pop that we got from 39 74 5 last Wednesday All you have to do is trade back to where we were there and You're talking about 125 points from where we're at right now S&Ps can give up 125 points from where we're at right now and you're sitting just shy of 4,000 coming in to a 4,000 price point meanwhile going into that number, right? The market had no idea what we were talking about in terms of talking about the jobs number If you ever told the market you were gonna get 500,000 jobs added and You were gonna have 3.5 percent unemployment and you were gonna have the Fed has to be continuing to operates I don't think the market will be sitting at 4,100. Okay CPI gonna be a very important one But you can't deny these numbers folks 500,000 plus jobs added and we're talking about 3.5 percent unemployment That's not what the Fed wants to hear folks And so if they get a high print on the inflation watch out in a big way It'd be pretty remarkable if the conversation started shifting again to a full percentage point hike, right? Don't count it out man If you're not pricing in the probability that that is at least a probability above zero folks It's a probability above zero. All right 75 seems like it's baked in everyone's saying right now Well, 75s baked in and we don't have a Fed meeting for almost two months You better believe a points in in in play folks. Stay tuned. I'll be right back folks Vista Gold owns and operates the largest undeveloped gold project in Australia the Mount Todd gold project Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve Vista Gold has all major permits approved and has retained CIVC capital market assistance in evaluating alternatives and in completing an accretive Transaction Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC Vista Gold executing a strategy to create shareholder value Everything in the universe is governed by the Fibonacci sequence This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns You can take advantage of sign up for the Fibonacci 24-7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader Larry Pesavento on stocks You need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking Expect notifications from Larry on market movement You need to act on at any time first-time subscribers also get a 30-day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up Subscribe to the Fibonacci 24-7 newsletter today tfnn.com educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge Every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter Mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at tfnn all our newsletters come with a 30-day money back guarantee So you have absolutely nothing to worry about visit tfnn.com and try mastering Probability 30 days risk-free today tfnn educating investors tfnn has launched the tigers den hosted at discord tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours The tigers den available to all tigers and tigers for just one dollar for the year There's no catch or added costs when you join our community of traders Sign up today and become a part of this educational community of traders. Just visit the front page of tfnn.com Welcome back folks. We get the s&p's right now negative by 44 points. We get the nasdaq 100 negative by 201 That's a little distracted there Unfortunately, we have coven in the house yet again. Uh, so we got our five-year-old catching coven looks like tested positive last night So of course we got tommy here as well. I'm fortunate working from home. Uh, we got the five-year-old He's watching his cartoons in his bedroom. We got tommy watching a few cartoons as well, but I may have to jump around folks Uh, tommy turn in a year and a half Year and a half three days ago. Can you believe that remember that folks a year and a half just like that? Hopefully everybody. All right We had covid last february right around his first birthday the five-year-old actually the only one that did not test positive He's doing okay. He's just got some sniffles some coughs But nonetheless it's cool season just starting right now So you can see the impact that it still has i'm very fortunate to be at home right now Working from home the kids old enough that they might be able to watch a cartoon for about 30 minutes Maybe 60. I got a live stream of the bedroom going up right now Just keeping tabs of them a little multi-tasking to say the least Of you see the impact because if I was not fortunate to have that ability, right? Uh It would throw a hamper in the jobs that that i'm performing etc And you see that hitting people across the board. Um, my dad's dealing with it right now in real estate He's got people out talking about contractors. He was talking about he's got to find somebody else to hire Just because of the normal cycle of people being out being sick Um getting kicked out for a couple of weeks our man larry pesavento same deal now larry He expects to be back on monday folks. We expect to have him back on monday He's feeling better every day just a slow road and on monday We got a little bit of a time change going on so larry and steve They're going to be swapping slots starting monday. So steve rhodes will be doing the Trader's edge live every day at 11 a.m larry pesavento beginning on monday. He'll be doing his program Trade what you see live at one o'clock p.m. Eastern time every day I'll kick it off at nine our man basil at 10. We'll have steve rhodes at 11 We'll have fast market at 12 larry at one david white at two tamo brand my dad live from three till four So steve larry switching it up. They start on monday. Uh should be an interesting one and we go from there Okay jumping back into that jobs number real quick some of the action we're talking about I mean, this is going to be your mainstream take and I don't know how you disagree with it folks for the fed It doesn't even matter who's saying this it's going to be the mainstream take This is eric. Theorette. Maybe global malgrove strategist at manual life investment management for the fed This report confirms the need to continue tightening and also endorses much of this week's fed speak that's sought to joe Bone jawbone rate expectations for markets the report may chose may pose a challenge For rate sensitive equities like tech which recently had been leading in terms of sector performance. That's putting it lightly, man Uh, now you get into some of the other data in here. There's some data points. They're talking about this is a live stream from from bloomberg here Uh There were a couple data points. Where did I just have here? Here we go labor force force Participate labor force participation rate. This one's going to get a lot of attention lower than anticipated 62.1 percent in july from june's 62.2 percent. So labor participation rate actually going down When we have unemployment at 3.5 percent and you have wages rising and you have inflation rising Will add to concerns about the tight u.s market and the climbing costs of finding and keeping workers and remember one of uh One of the comments that somebody had made a while back talking about jet blue and spirit Uh in the whole acquisition going on there trying to buy spirit and frontier Is that part of the reason that that spirit is so attractive right now is that you buy an entire workforce of people Imagine that that's part of the attractiveness of growing of of buying a business is buying all their workers and getting them It's a real deal going on right now in this market though All right, so we have jobs. That's going to be the the big theme, of course For the session, uh, but let's jump around to some of the equities going on this morning Expedia they're out with their numbers travel up 5.4 percent in the pre market We'll see how they're doing though after these jobs numbers man They beat on the top and bottom line in the latest quarter travel demand strong lodging revenue up 57 percent from a year ago a year ago is a different time man airline ticket revenue up 22 percent gas prices flying you better be getting more money In terms of that and you spike to 112 we give back some of that of course with the market reaction with the s&p down 23 points Also had square out with their numbers last night Disappointing from about 90 bucks. You're down to 83 Uh square up there. Yes, they are Better than expected quarterly results, uh, but the 34 drop in revenue in its cash app unit Looks like that might be freaking things out a bit lift their op after uber had rallied earlier last week Was the last week or this week? No, it's this week time is flying. Yeah uber had their numbers tuesday Quite an acceleration. I mean look at the move man. Even tuesday they finished a 29 bucks You finished yesterday up almost another 10 to 32 You're giving back some of that today, but lift had their numbers strong numbers from lift as well Now look at lift lift came into the uber earnings at 14 right came into their own earnings At about 17 and still they're trading higher up about a dollar for lift Unexpected quarterly profit that'll do it folks ridership rise to the highest level since before the pandemic helped by cost controls as well interesting all these these uh gig economy door dash Quite a quite a spike and they give it back 10.3% they were up raised the forecast for gross order value a key metric wider than expected quarterly loss but revenue above wall street forecast I bet it's all gross order value because well, it's not Okay, it should be in the long run for a company like door dash because I imagine they'll figure out how to make money If they're pushing that out to the public, but they're dealing with Uh some margins in a big way man when you talk about ride delivery and the fees and you may see some pressure on those fees Man as people have to save each time when when prices are rising across the board I'm making changes myself in my own life, man I was using instacart a lot Using instacart less so now because the fees are just too much man on some of those grocery orders You add 10 percent to the order then you have a fee then you add a tip right and the tip You got tip that people delivering man and the tip gets added on the higher Number that's a base So it's a tough one in a big way draft kings They report better than expected revenue and adjusted earnings raise full year revenue draft kings now They were up earlier this week catching a bid from massachusetts passing legalization for online gambling Uh draft kings up about a dollar dollar fifty maybe even even with a weak market right now on their numbers Raising the full year forecast amc It's going to issue a stock dividend to all common stock shareholders in the form of preferred shares Wider than expected quarterly loss There's the one to pay attention to don't get caught up in the meme stocks folks thinking it's a long term value play Who's calling me Uh Taking a look at emc amc in the daily We're back to about 17 bucks right now if you remember folks people saying where does this thing really belong This thing probably belongs to about five or ten bucks right up to 72 back to 18 quite a roller coaster Uh, you're gonna open down about a buck 60 on that equity as well. There's your action on amc Yeah, I mean some of those meme stocks right Gme game stop down about a little bit of a dollar All the rage right now Amt holdings up to 2,500. You're still at 850.  I think you're talking about a market cap like a hundred billion dollars still something that is just Not reasonable to put it lightly What else we got wonder brothers discovery. Yeah So Quarterly loss and revenue that came in below Forecast now they've been in the press recently because they make slashing movies all over the place, man Yeah 1765 down to 1460 they missed in pretty epic proportion right now Probably a reason why they're cut and cost dramatically. We'll talk a little bit about that when we get back We got the opening bell folks. Stay tuned. We'll be right back Time of glooming inflation. We are purchasing powers eroded. 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Uh, we'll see how it holds up right now microsoft shares Giving back about 1% look at microsoft catch a bit on the open though This market definitely doesn't fall off a cliff within the first minute of trading which it could have on some of those numbers folks Uh, you almost can't overstate how strong those economic numbers are For an economy that's supposed to be calming down to help tame inflation not exactly what's happening man the big way Amazon shares down 1.1 percent. They've had a recent run. Uh, look at these stocks catching a bit on the open though right now To jump over to google shares. Whoops go g google down about 1.25. Let's jump over to arc Yeah, I expected that to be fairly volatile They've had quite a run recently down about 3.6 for arp some of their biggest holding zoom down about 2.8 percent Roku shares down 2.8 percent. She's got some draft kings as well up 8.5 percent in there Um, and what we're just talking about water brothers discovery. They continue to drop down 16.7 percent man That one in big trouble in a big way. Let's see how some of the other companies that have their numbers are opening Door dash I mean strong numbers man, but you're only up 4 percent markets getting clobbered I guess so that would play into things but door dash up above 4 percent of their numbers to 83 82 this morning Uh, and what else are we going to jump around to let's see what do we got pulled up here? So talking about some of the jobs numbers breaking into some of the numbers that I was looking at as well Wage growth surge tire Not going to help inflation folks average hourly earnings. It helps consumers though You know, it's a double-edged sword in in every single data point we have right now Of course, we want wage growth because wages have not kept up with inflation But if you get wage growth right now, that's not going to calm inflation, okay Wage growth surge tire average hourly earnings jumping 0.5 percent for the month and 5.2 percent from the same time a year ago Now remember 5.2 from a year ago wages are growing man But the last cpi print we got was 9.2 percent I believe those numbers add fuel to the inflation picture that has already has consumer prices rising at the fastest pace since the 90s Uh, the market was only looking for 0.3 percent monthly wage gain Those wages man leisure and hospitality led the way and job gains 96,000 professional and business services 89,000 health care 70,000 government payrolls 57 goods producing industries Uh with construction up 32,000 manufacturing adding thurs 30 Yeah, the best number since february and well ahead of the 388,000 average over the last four months I mean just crazy. Who was thinking 528 man? The number was 250. Maybe you come in at 350 Maybe you come in at 450. Maybe you come in at 200. No, we come in at 500 000 plus We got 3.5 unemployment Kind of harping on it folks because listen to the numbers. All right, the feds said they're going to listen to the numbers Are you listening to the numbers? I'm not even sure this market is listening to the numbers yet sitting at 41 20 in the s and p So we're just back to where we were on wednesday Right, I mean it seems like on wednesday when the market was at 41 20 If you said in 48 hours, we're going to get these types of numbers And you said will we be higher will be lower? I don't think many would say While we're going to be right where we are right now sitting at 41 20. There's almost no pullback in this market In the context of where we've been where we've come from Taking a look at the s and p's we're sitting right at a 50 percent of the run that we had now That's not the full run. That's the acceleration we had from basically the march 29th highs Beginning of april when you had the s and p sitting at about 4600 Okay, we're sitting at the 50 percent line We're right bumping up to the area folks that we were trading at when you're talking about late may early june That's going to be an area of resistance the 50 percent line Uh, we'll see where we go from there now the naztac 100 you take it off the full Acceleration first of the year we're bumping up against the 3a 2 line Also an area you had a little bit of consolidation back in early may Also an area you had a little bit of a consolidation an area of support In the middle of march they could turn into potentially an area of resistance We're going to find out man, but nonetheless You got the naztac 100 up 2000 points from the lows of just the middle of june and really no pullback We're going to go green folks. Are we going to go green? Why not? Let's go green on the day that we find out the data that's going to force the feds hand to go 75 basis points If not a full point, you're going to hear the conversation of a full point now. We get cpi next week Okay You're not going to hear it Empathically until we get that number if it agrees with it Okay, but you better believe that the fed should be thinking about hiking interest rates a full point if We continue to add 500 000 jobs a month folks And we got an employment at 3.5 percent and we have inflation at 9.1 percent, right? I expect inflation is going to come down from that number. We have some Real help on that number because we're talking about inflation. Kevin Hinks has talked about it many times You got to look at where everything was the last time we got cpi Excuse me You know look at the june numbers folks of where we were june kicks off with crude at 117 And the month ends with crude at about 111. That's the last cpi number We got look at what cruise done since july 1st Straight down. Yeah, we have some crazy bounces man, but you're talking about lower lows and lower highs so the energy part Of the cpi is going down Okay, it is happening and it's probably going to continue to happen through august if we get this drop as well Okay, so we're not going to see as big of a headline number I wonder what's going to happen to the core number though. Watch that core number, man Because these energy prices the way they've been moving They're going to distort the top line number, which is why many have been talking about Is the fed going to focus on the core number and they just might okay? They just might because they're not going to take credit For crew dropping to 87 dollars just because they hiked rates by 75 basis points. Okay That's not the impact they're having when you have jobs getting added 500 000 and you got unemployment at 3.5 percent man 3.5 percent. We got them all back all those jobs Absolutely remarkable All right, what else we got pulled up here in terms of data points. Let's see What are we going to jump through? Oh, we'll keep amazon in the press interesting here how they're going to go Roomba vacuums 1.7 billion dollars animal animal amazon will take that product. Thank you They're buying iRobot, which makes the Roomba vacuum all cash deal all cash They don't want to give back any of the ability to reap the benefits to those iRobot shareholders. They're doing it in cash And yeah, best known for the Roomba 1.7 billion dollars They have more items than that uh home cleaning robots like mops and lawnmowers Man amazon folks They're just taking over the globe and i know i'm biased because i got a little amazon in a retirement account amazon basically trading with the market down about 8 10th percent today But you look at what this equity is doing folks I mean they are taking over the robotics within the home and this one just makes sense Deep in amazon's presence in consumer robotics, right?   It's going to be talking to your kitchen sink and your vacuum and your lights all at once um yeah amazon made a bold bet on the space last year when it unveiled the astro home robot 1500 bucks Yeah, they're gonna have plenty of items coming out. I bet you stay tuned folks. We'll be coming right back This coming wednesday august 10th basal Chapman will be hosting an all-day live webinar from 9 a.m. Till 2 p.m. Eastern time Well, he'll be presenting the technical tools based on the Chapman wave methodology a full in-depth course on his entire trading system Over the five hours of live education basal will discuss studying and practicing entry and exit points Assessing where to add or subtract from positions utilizing simple technical tools for holding positions longer Taking bear charts and adding notations tools and patterns as well as identifying three core formations that repeat in every time frame And much more when you sign up You get a chart booklet emailed to you immediately to start studying and you gain access to his daily newsletter the opening call A $149 value the cost to attend is only $295 and the full five hours will be archived Don't miss this live special event wednesday august 10th with basal Chapman for all the details and to get started Today visit the front page of tfnn.com right now The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information You need to understand the technology that shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only $37 and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Build the s&p 500 continue to climb for bold trades on us large cap stocks in either direction trade spxl spu u or spx s directions daily s&p 500 bull and bear Leveraged etfs Direction leveraged etfs An investor should carefully consider a fund's investment objective risks charges and expenses before investing A fund's prospectus and summary prospectus contain this and other information about direction shares To obtain a fund's prospectus and summary prospectus call<PHONE_NUMBER> or visit directioninvestments.com A fund's prospectus and summary prospectus should be read carefully before investing An investment in the funds is subject to risk including the possible loss of principal The funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Welcome back folks. We have the s&p is negative by 27 points right now You're trading at 41 25 all the markets catch a little bit of a lift on the open But I imagine you're done with the fireworks just yet folks Uh, we got quite a day in the markets are only 12 minutes into trading right now And we got a man basil Chapman coming up next and as he would say folks the day is young And if you heard the ad out there folks basil he has put together an outstanding webinar going on talking about his entire trading methodology It's taken place this coming wednesday august 10th from 9 a.m. Till 2 p.m The Chapman wave with methodology Technical tools based on basil's Chapman wave methodology explained live a detailed all day online course with live charts He's going to be in there folks teaching you live for five hours his entire trading methodology talking about notating charts Entry and exit points. All right. He's got the whole topics. He'll be talking about here among many others And when you sign up you instantly gain access to the opening call his daily newsletter That's 149 dollars right away You also get an emailed booklet with Chapman wave key techniques that you can go over starting immediately Okay, the cost to attend is only 295 dollars And you get 149 dollar value in the newsletter itself folks So you're paying less than basically a one month cost of basil's newsletter to attend a five hour trading session Excuse me not trading session methodology. Okay training session In terms of basil's entire methodology And the one thing i'm going to pull up and show you folks is that when you sign up for basil's Webinar you gain access to the opening call and when you gain access to the opening call What you gain, okay are the opening call archived webinars now basil's got Tons of webinars in here that you can gain access to by signing up for This webinar that he has taken place on next wednesday I'm just going to scroll folks. He's got a webinar. He did a few months back in there on april of 2022 october last year All right, he goes in dressing up the charts in the Chapman wave a methodology webinar there as well He goes into the chart formations that worked on 2020 and how those apply Technical tools that have produced strong gains in 2020 the dark new cloud news cover You can go over all these folks, okay?  You get the email chart booklet and you get of course His five-hour webinar taken place next wednesday that will be archived You can watch it as many times as you like and basil folks. He's not only a brilliant trader He's a great educator, right and what is so cool is that you got to kind of have both parts of it All right, there's a lot of great traders out there, but i'm sure that maybe they just don't have the skill set to convey that knowledge in an appropriate and the best manner to their students To transfer as much knowledge as possible and basil is a great educator the way he walks through his presentations folks He takes your questions live during the presentation or afterwards Uh, it's an outstanding webinar I plan on checking it out for as much as I can for next wednesday's action outside of maybe doing my program And taking care of a few things but head on over to the front page You can sign up for that two hundred and ninety five dollars and as I said you get the opening call immediately Uh, and you get of course access to those archive webinars along with wednesday's webinar going on from mr Basil Chapman and he will be up next folks And uh, as we said the day the day very young on a day like today, man There's hot takes all over the place folks on a day like today And boy, we're gonna find out where we go. That's for sure All right, let's jump around see what else I had pulled up here. I talked about amtd holdings All right, you talk about losing money Uh, let's see how they're trading right now before we jump into this thing because the numbers are pretty staggering Uh, excuse me. That's not it. I mean they can you imagine being amtd? They must not be happy with this man because the symbol is hkd folks and it is amtd holdings Okay, so it's up eight point seven percent today, but this equity How much did they lose? 150 billion plus 163 they lost. Okay in the pink here is market value lost since the peak 163 billion dollars that alone is bigger than companies like intel morgan stanley goman sacks And that's not as big as how much of those companies have lost. No, that's as big as the entire company. Okay That's a that's akin to every intel shareholder over the last two days losing every penny they invested To kind of put into context how much wealth has been created and lost in the span of a heartbeat on some of these meme stocks Uh, it is basically a game of hot potato I used to say from millions now it's for billions. Okay, and that's all it is folks this company 25 million in revenue for the year ended April 2021 Yeah a far cry from the companies they compare it to Uh, whether it's like berkshire hathaway jp morgan, etc with market caps actually under where that company is trading at Be careful in a big way of that one folks Now pretty remarkable. We've got the market where it is when you look at what's going on right now One of the things going on is tensions with china man. They send warships near taiwan. They cut off defense talks with the us This has to do with speaker of the house polosi visiting taiwan highest ranking official to visit there in decades Uh, I mean pay attention to that folks. Okay, we've seen how geopolitical tensions can exceed the market expectations when it came to russia Russia and china are buddies Okay, um So don't be surprised if Things ratchet up a little bit more beyond maybe the market thinks that is possible as you have warships near taiwan Last thing we ever want is some type of a missile or something escalating things over there But this is how potentially that could play out when you got warships near taiwan, man Um provocative military drills Yeah, the most product provocative in decades and they cut off defense talks with the us relations between the world's biggest economies deteriorate. Yeah um firing missiles over the island of 23 million if you're living on that island, man Tensions, whoo, you better believe that they're playing a real role in what's going on there Market not really pricing it in in any real dramatic way though All right jumping down the line some of the other equities with with action this morning Beyond meat.  What's going on here? Looks like the market likes that. They're gonna be cutting costs potentially It was lower. They catch a little bit of a bid right out of the gate right now. Look at that thing Remarkable. What's going on beyond wouldn't I mean, you know, yeah Percentages on small numbers. What do I say folks can be deceiving you're up 16 percent right now But all your you're back to is 36 bucks and this thing Was trading at 239 What's this number 197 And pushing 221 Let alone the slide really began Just over a year ago at about 152 you are up from 20 bucks on the low And jumping over we're talking about a company right now with a market cap of 2.3 billion dollars Maybe that's a little bit more appropriate than when it was pushing some big numbers at lofty levels for beyond meat Carvana catching a bid Aggressively cutting costs as it prepares for a possible economic downturn this company, man CVNA Talk about a rise and a fall the market loves that we're seeing we're seeing some big pops on companies They've gotten punished man in a big way. They're gonna be cutting costs There's your acceleration on their numbers up to 41 bucks But as we say percentages on small numbers can be deceiving you came into the year at about 250 You were at 376 last year.  Stay tuned folks s and p's only down by 25 We'll be right back to finish up the show TFNN has just launched their new trading room the tiger zen hosted at discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours And now they are expanding their reach with the tiger's den available to all tigers and tiger's for just one dollar for the year There's no cash or added costs when you join our community of traders in the tiger's den You can look over the shoulders of tom o bryan and the other TFNN hosts while they analyze charts during their live tiger tv programs And join an interactive trading community with hundreds of members Exchanging ideas interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action All trading day even at night and on the weekends the tiger's den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of TFNN dot com You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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We're gonna be up here. Yeah, you see yourself Please go now Landon Mason up doing my show please my goodness We got kids everywhere here folks Uh, there he is There's the guy You see yourself We're doing a little fun at the end folks. I know he's got his blanky He's got his pacifier. Huh?  Oh, is that the hat is that your hat? Yeah, you got everything, huh? Okay All right. Well, I just wanted him to say hello for a little while We're gonna get him back on the air. He's turned into a big man. Huh, buddy. You're tired He's tired. You might be a little tired He's taking big naps now folks At a year and a half about they they transitioned to from two naps to one nap He did that about a couple months ago So he takes one big long nap for about two hours in the middle of the day You gotta love it folks little kids. They keep you alive. They keep you fresh They put everything in perspective man You gotta love it, huh? You say hi You're telling basils up next he wants he wants to jump on the keyboard tell him basils up next Check out basils webinar on the front page of tfnn.com You can sign up during the break and you'll attend his five hour webinar taking place next Wednesday right We'll have to get some music going someday folks because he loves the dance Yeah Can we growl? Can we growl? He said he said he said he said he said he's tired. He said he said Where's your target? Where's your target? Whoa


The big news following the significant Ukrainian victories in Russia, the significant pushback where the Russians basically had to fold and exit the whole province of Kiv, where the Ukrainians in a matter of days reoccupied that territory very quickly and for devastating results for the Russians. I mean, not only were thousands of Russians killed, tens of thousands were captured or thousands were captured and probably tens of thousands basically taken out of the fight, but also hundreds of weapons were captured from tanks to all kinds of, you know, all kinds of mobile transportation vehicles and not to mention weapons and shells and tank shells and just ammunition and everything else, all of that were captured by the Ukrainians set back to Russia significantly and I think it's emboldened the Ukrainians. The Ukrainians are still kind of chipping away very, very slowly at Russian positions in the south. It's not clear when the Ukrainians or if the Ukrainians can launch a significant push in the south. The Ukrainians also trying to push against the Russians in the northeast and around Lehman, I think it's called Lehman, Lehman and trying to basically get away the Russians have held it since 2014 really and they're really well established and they're really well dug in. But other than that, you know, it was a great few weeks for the Ukrainians in terms of just humiliating the mighty Russian army, the mighty Russian army. I mean, if anybody has any delusions about the Russian army, I think they're gone now. Putin's response to this last week was to announce a mobilization of forces, 300,000 reserves that are not being mobilized at them, although I'm reading in some places that the way the Russian authorities have taken Putin's thing, it's not 300,000, they're actually trying to try to enlist somewhere around 1.2 million people. The consequence of this announcement that they were going to enlist a whole bunch of people and call up the reserves has been panic in Russia, a massive attempt at exodus, men just trying to, men who are eligible to be called up through this call up of the reserves, trying to exit the country, whether to places like Finland, every ticket out of Moscow in an airplane was booked up, airplanes full of mails just trying to get out of the city, out of the country. But beyond that, we're just seeing also demonstrations in the streets, demonstrations in Moscow and St. Petersburg and in many other cities around Russia, also in the Caucasus or in some of the independent autonomous regions of Russia, where ethnic minorities control it. And they are there trying to, refusing in a sense to cooperate with the Moscow authorities in terms of enlisting people. They're saying, what is Moscow? What have these Russians done for us lately? As I predicted, there's more and more talk about some of these ethnic groups trying to establish autonomy. The Chechens, for example, Chechens are fought two wars with Russia, lost them, but are fought two bloody wars against Russia to try to establish the independence for which they were lost. The Chechens who are led by a guy who is very, very much an ally of Putin. But this guy basically said, we're not going to pay any attention to this call up. We're not going to enlist people. We're not going to play ball with the people in Moscow. We're holding back for now. We want to see if the Kremlin is serious about this. And again, I think what could happen is you could see an internal breakup of Russia from the inside. You can see the Chechens trying to fight for their independence. You can see some of these other ethnic groups trying to fight for their independence and Russia kind of imploding from the inside. But Putin is obviously in an unbelievably weak position. Everything he has argued, everything he has claimed, everything he has stood for is really, is really collapsed. The regime thought that they could take out the Ukrainians in three days. They thought they would be able to take care of and replace Zelensky with a pro-Russian president to just get on with life. I don't think Russia thought they would have to permanently occupy vast territories in order to, in order for them to succeed in this war. I don't think the Russians expected to lose anywhere between 50,000 to 80,000 soldiers either by through death or through just injury. I don't think the Russians thought they would be humiliated on the battlefield. I don't think they thought they would lose as many tanks and as many armored vehicles as they have in many airplanes. I mean, in every sense, this has been devastating for Russia. But beyond that, I don't think the Russians thought that as a consequence of this war, Finland and Sweden would join NATO, which I think is probably the most devastating of all the consequences for Russia. I mean, the fact is that they went into Ukraine to prevent Ukraine from joining NATO. Well, they got a lot worse than that. They got much more powerful enemies now in Finland and Sweden, now committed to NATO, long, long border with Russia, two countries that have militaries that are far more powerful than the Ukrainian military. So this has been devastating. And of course, the Russian economy has been devastated.  And now they're losing even more primarily men leaving Russia. So it's an even greater brain drain on the Russian economies to Russia. Russia's struggling. Putin is struggling. All of his actions now are out of desperation. Of course, as part of the mobilization, Putin is threatened to use nuclear weapons. That again is an act of ultimate desperation. I hope, I don't know this for fact, but I certainly hope that the generals within the Russian army and others surrounding Putin will refuse to launch nuclear weapons, even if Putin is crazy and suicidal enough to actually do it. I think there are probably people around him who will stop him, maybe not, which is kind of spooky and scary. But I guess it is possible that we will see the use of a tactical nuclear bomb in Russia. So, you know, all we're seeing is a desperate regime, a regime desperate for attention, a regime desperate for some form of victory, a regime desperate for soldiers, for weapons, for anything. This is a regime, of course, buying weapons from the Iranians and the North Koreans of all people. That's their allies now. That's how isolated Russia has become. The Chinese, while somewhat sympathetic to the Russians, won't give them weapons and are not sharing military technology with them. The Indians are not giving them weapons or military technology. Both countries are buying oil and gas primarily oil from Russia, but they're not militarily supporting them. So what you're seeing is Russia further isolated, further desperate. Putin, not knowing where to turn to, not willing to give up, cannot, he can't admit defeat. So just becoming more and more desperate. Of course, the fear is, and the real risk is that as he becomes more and more and more desperate, that he becomes, that he becomes more and more of a risk of actually launching, you know, actually launching a nuclear attack. Jeff asks, and again, I'm jumping to Jeff just because he's asking a question about the topic we're talking about right now. So Jeff asks, says, Putin and everyone is evil for initiating conscription. Zelensky did the same thing. It was terrible watching Ukrainian men fighting age, having to leave their families at the border and go back to defend their country. It was, although those pictures, many of them were doing it voluntarily. Some of them, obviously, were not. But yes, conscription is awful. It's horrific. It's anti-individual rights. It's evil. But again, I wouldn't compare a country doing it out of a sense of desperation and self-defense and a country doing it in order to invade another country. So conscription is evil and bad. It's evil and bad in Ukraine. It's evil and bad in Israel. I served three years under conscription. So I know personally the evil of it and the damage it does to and the wasted time and life. The only good thing to come out of my army service is that I met my wife there. But it's evil in Israel. It's horrible in Israel. And one of the things we do in Israel is Boaz Arad, who runs the Iron Man Center Israel and who has been a friend of mine since the early 80s. One of his programs as part of the Iron Man Center is a program about privatization of the Israeli military and ending the draft and embracing a private professional army for Israel. He's got some former generals on his side. He is testified in the Knesset and everywhere else. So I do not think Israel is an exception. Absolutely. I think Israel should eliminate the draft. I've said this many, many, many, many times. So this is not something new. If you know anything about me, you know I'm against a draft everywhere. So it's just another knock against some people on the chat who are trying to attribute to me ideas that I don't have. I've always said that a country that cannot raise a voluntary army to defend itself is a country that does not deserve to exist. I think that is true of Ukraine. I think that is true of Israel. I think that is true of every country. So it is evil of all these countries, but it is if you were more evil when you're raising that army in order to invade another country, in order to initiate force, the initiation of force is just horrific because then you're not only doing damage to your own people by initiating force against them and conscripting them, then you're putting them in real harm's way and you're initiating that and you're putting everybody else in harm's way. You're putting everybody you're attacking in harm's way as well. So the real evil here is in the Russian side, although, yes, conscription is evil, no question about it. All right, let's keep going. Yes, so I'm encouraged to see and I keep getting more encouraged to see more and more the resistance in Russia to the mobilization, to the conscription, to you know, forcing people to join the military. I don't know if you know this, but some of the anti-war protesters, you know, it's like in England in I think the 18th century, you know, sometimes the sailors would kidnap people and enlist them in the army and they would be part of the navy.  What's happening right now in Russia is some of these anti-war demonstrations, they're literally taking people off the streets and forcing them into military uniforms, they're forcing them into the into the military as punishment for being anti-war. Of course, these are not going to be motivated soldiers. These are not going to be successful soldiers. These are going to be just cannon fodder. So it's horrible and tragic, but it's not going to solve Putin's problem. Putin's problem is far deeper than having more bodies. He doesn't have enough trained soldiers. He doesn't have enough motivated soldiers. He doesn't have enough people who actually motivate to win. He has lousy strategy. He has lousy generals. He has lousy weapon systems. I mean, the Russian military is incompetent and having another 300,000 troops is not going to change the fact that they're incompetent. Russian soldiers are unmotivated to fight. Having 300,000 additional unmotivated soldiers is not going to change the outcome. Russia is in trouble through and through. In every aspect of this, Russia is in a disaster zone for itself. Troy, thank you. Troy waiting in to get us over the 650 target. Really appreciate it. Troy with 500 Australian dollars. That's great. Thank you. And you can ask a question sometime, but it's great to have your support. So, you know, just disaster for Russia. What can we say? Disaster for Putin, but Putin's in a corner. He's becoming more and more desperate, which is not both well for anybody, particularly for the Russians. The Russians are going to be the biggest victims of all of this, and the Russians are really suffering. I wish, I wish countries like America opened doors to anybody fleeing Russia right now. Imagine the brain drain out. I was just talking to somebody here in Brazil who was living in Tbilisi for a few months, and he said he had to leave Tbilisi because so many Russians had moved to Tbilisi to get away from Russia and away from Putin the devastating economic consequence of what Putin's doing. They moved to Tbilisi and they're doing rents so high that nobody else can afford rents in Tbilisi. So, Russians are going to places like Tbilisi, Georgia, they're going to places like Turkey, but what would be great is if Western Europe and the United States opened its doors to fleeing Russians and brought that talent to where it can best manifest itself.  That's not going to happen. Thank you for listening or watching The Iran Book Show. If you'd like to support the show, we make it as easy as possible for you to trade with me. You get value from listening. You get value from watching. Show your appreciation. You can do that by going to iranbookshow.com.  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