suspense and the producer of radio's outstanding theater of thrills the master of mystery and adventure William N. Robeson talent is an elusive and mystifying phenomenon and one of the most curious things about it is that it manifests itself in the most unexpected places one of the most talented sound men in radio broadcasting is Tom Hanley we did not know until recently that he possesses another talent he is an extraordinarily fine writer it is his radio play you were about to hear another talent with whom you have been familiar for years is Jack Carson one of our great comedians and also a fine dramatic actor in a moment he exposes another facet of his quite extensive talents as our storyteller listen listen then as Jack Carson stars in Tom Hanley's terrifying story misfire which begins in exactly one minute now how many of you have heard a doctor lecture on the lining of the stomach and what you're doing to it well you may think this line of gab is only for you why son doctors have been telling Americans this ever since we became a nation like a fella come up to me the other day and asked about that great American Mike think say is it true that Mike once ate a buffalo robe certainly and with the hair on it well why did he do that well you see Mike drank so much whiskey that he destroyed the coat in the stomach and the doctor told him that before he could get well he'd need a new coat for it Mike thought that over and made up his mind that a buffalo robe with hair on it was just the thing so he sat down and swallowed one he could drink any amount of whiskey after that and that's a fact folklore belongs to every nation's legendary past and I guess we Americans have our share of some tall ones and now misfire starring Mr. Jack Carson a tale well calculated to keep you in suspense ground zero somewhere on the deserts we are inside the cab with a bomb this one called jackhammer awaits the impulse from control points 14 miles to the south electronic gossips hum and throb their chatter about the health of the patient suspended 500 feet above the desert floor but the unfeeling machines neglect to mention a human factor this morning an imprint of carelessness a small metal wrench jammed in the track of the electronically controlled door the shift of sand occurs against one of the great steel legs anchored to the desert floor and a brown-backed desert tortoise trundles out for a look at his world a world of sage and sand and space stretching endlessly off into the darkness no man is in sight that is good there have been days of hiding from men but now they have gone and the tortoise tries his morning legs and plans his new day H-1 place I protectors in position and turn back to fireball 55 54 from a hundred loudspeakers miles removed from ground zero the tape recorded voice begins its countdown no margin for error now no turning back test shot jackhammer is underway 42 41 a mile and a half from ground zero a 22 year old marine corporal crouches in the trench his head rammed into his arms 34 he and nineteen hundred and ninety nine other Marines are there to prove that man is not afraid 29 28 27 a little over a mile from ground zero in a concrete bunker with its air conditioning secured to set the civil defense man they want to know what chance their cities will have against the day that must never come at control point men sit silently watching instruments designed to tell them how efficiently jackhammer does its job and the tortoise slumbers across his front yard in search of breakfast three two one what happened this fire it's a misfire attention all personnel attention all personnel this is dr. Durstin test shot jackhammer is incomplete due to undetermined failure maintain positions you are still on detonation alert now gentlemen I will ask for reports from each of you be so good as to prepare you lay thirst in PhD physicist and test director for test shot jackhammer it is now his responsibility to consolidate all the data from countless machines and scientists in control point into a calculation that will reveal the cause for misfire dr. Thurston what is it everything was normal on my face until h-4 9 grant that would coincide with your variance wouldn't it yeah but Frank you shouldn't have had any reading at all at that time on the sub relay meter I didn't it showed normal and then there was a complete negative to zero response then there it is dr. Thurston it's an on-site rejection of voltage huh in other words the fault lies at ground zero according to these data yeah well can correction be made from here we can't have anybody going out there no after we check the monitor list there's one consolation dr. Thurston was that we put it together we ought to be able to take it apart yes yes we ought to but can we the second act of suspense continues in one minute sometimes a man can have too high an opinion of himself sometimes that opinion can drive him to great deeds here now is one of america's legendary heroes to tell you of some of his unique characteristics if his adjectives seem a bit outlandish remember that his image was an inspiration to a pioneering people and he still affects a nation addicted to TV I'm that same David Crockett fresh from the backwoods half horse half alligator a little touched with the snapping turtle can wade the Mississippi leap the Ohio ride upon a streak of lightning and slip without a scratch down a honey locust can whip my weight in wildcats and if a gentleman breezes for a $10 bill he may throw in a panther I can hug a bear too close for comfort and beat any man opposed to Jackson folklore belongs to every nation's legendary past and I guess we americans have our share of some tall ones and now we continue with act 2 of misfire starring mr. jack Carson a tale well calculated to keep you in suspense there's no walking away from an atom bomb no asking who left it there so it becomes a story of people they disarming Lee Thurston MIT graduate 1932 old enough to have been a polled at the thought of an atom bomb scientific enough to accept it human enough to demand influence in its use John Grant 36 a redheaded giant who daily deals and marigolds believes in them makes them work Frank Butler former child prodigy grown bald at 28 bachelor attendant now at the bigamess wedding of electronics nuclear fission and power politics and on-site test is the only way to check it out no butler that would mean two men at ground zero but there's no explanation for what we're finding here is right doctor if we accept our data we have a power failure originating at the cab itself with a risk of delayed detonation grant you can't forget that I'm not there are 2,000 Marines and 12 CD men out there how long can they wait Thursday yes what is it general Matting on the phone sir wants to know if he can evacuate yet no not until we know more about the cause of the misfire I'll let him know yes oh a windshield yes tell the photo lab I can't wait any longer for those final pictures of the patch bay under the bomb I will say for now we'll go over those monitor checklists again gentlemen we mustn't have any errors news now has a mathematics of its own the bomb plus the names of the men in control point plus a little background data equals a story mention that these men were in high school when the first atomic pile was activated mention that it would have taken that first pile 150,000 years to make enough plutonium to satisfy this bomb point out how the Cold War over came all that tell mostly of the struggle to stop jackhammer this morning hello New York I get me Barney will you honey a college peers yeah well then call them at home it's important hey where'd you get the coffee I need some freezing over here thanks a lot hello Barney listen you better call that off and go on into the office this may develop in a supplement here the bomb didn't go off no not a delay it just didn't take well a room away here is that the last boys to hook it up we're gonna have to go out and coax it down how do I know who it'll be yeah yeah I know that's what I'm here for I know yeah and Barney don't call me I'll call you the Marine lies flat now permission granted he hears unsolicited advice from his buddy on how to run an atom bomb test but he thinks about Vegas and he wonders whether he'll ever see her again the girl with the dark hair the dark eyes the wonderful smile and the Cadillac convertible in the civil defense shellards hot no air conditioning for 40 minutes now he's heavy clothes and sealed up this way somebody better call control they must have forgotten us but they haven't they're concerned with more important things that control like the photo lab with the final pictures of the victim jackhammer pictures of the bomb with its viscera displayed a to b and yellow to ground the proper circuit for agony this one's okay this one's all right the pictures show the patch cords are all okay dr. Thurston wait a minute just a minute now we've always assumed that if we got power to the site proper that it would go on to the bomb of course the door to the cab completes the circuit voltage to the door voltage to the bomb all right then what if the voltage didn't get beyond the door that's impossible our monitors show the door completely closed but what if it didn't for some reason what reason what could go wrong that wouldn't show in the monitors I don't know but it's got to be out there let me go check it I can't order anybody out there I'm asking to go I'll go with you Frank no if anybody goes it should be to you need a phone line during the climb in case we found anything here you'd need test equipment tools for opening the door manually radiation test gear and a wrench that disconnect would have to be made immediately Frank wrench what's the matter you look ill no nothing sir I've had no sleep I guess 500 feet no power for the elevator Frank I'll go with you all right but I ought to go alone act three of suspense follows in one minute do you know the Social Security benefits to which you will be entitled when you separate from the service and take a civilian job here's a tip from Social Security when you open an account at a store a special record is usually started for you when you get a Social Security account card a personal record is also started for you using both your name and the number of your card to be sure your Social Security record is correct it's a good idea to check your Social Security record every few years to get a statement of your earnings from the Social Security records you can use postcard form 704 this form is yours by writing to Social Security department 15 Hollywood 28 California that's postcard form 704 and now we continue with act three of misfire starring mr. Jack Carson a tale well calculated to keep you in suspense the afterbirth of darkness is light the insipid gray light of a desert dawn the night animals scurry homeward and the day things begin their minor motions and slowly it begins the gradual creep of light and warmth across the land till its source explodes in the vastness of the desert there it becomes the sudden kiss of heat heat that warms heat that kills and the in-between heat the heat that expands man's product the awkward wrench lies in its cramped position on the tower having severed the connection to the bomb it tries to make amends by stretching ever so slightly expanding expanding encouraged by the heat of the sun the electronic condensers on the door await their cue metal on metal and the blinding and cushion that has no beginning nor any end and the tortoise unaware accepts his gifts from the land and goes in search of his image I better go up first John no you've got a man the phone I'll start first open the door manually and check for radiation and you shoot in and disconnect the thing all right John yeah you think we'll ever get off the tower we may never get on it if we sit here and talk let's go hello Barney now listen they've started climbing the tower that's right 500 feet I don't know how many stories that is the Washington Monument is 550 I think but I'll get this Barney play this one straight will you know heroic this one will stand on its own sure we're in a detonation alert well who knows what's gonna happen the fear of falling it never goes away it only becomes conditioned to the environment and 500 feet straight up has no relation to man to look down or not to look down this becomes the problem and what do you look at the eyes of the man below you they reflect the fear of two men the expansive dry lake do you look at that it shimmers in the coming heat brings on the dizziness you look inside yourself at the fear of God you might look there that might help but for the most part you climb you lift each aching limb after the other one platform after another one after another rest a second Frank how you doing okay how much further one more platform Frank it's one more it's murder there's one consolation what going down we'll have power to the elevator afterwards and we'll ride down maybe if there isn't afterwards the wrench it's missing from the kids couldn't be up here though couldn't possibly be must have dropped it but not up here not where it could do damage better get on the phone and tell dr. Thurston we're here okay dr. Thurston dr. Thurston yes we're at the top good have you found anything grand is at the door now we'll make a manual entry as soon as we can good Frank tell him to read the voltage sheet on this door I don't think it's completely closed check the voltage sheet on the door doctor hey Frank come what is it yes hello were you talking to me hold it doctor there can you see it there look from here there's a small wrench oh no it's wedged in the door there you see it John it's mine that's my wrench I must have dropped it when we were up here arming the bomb it can happen look through the glass it it severed the detonation circuit that's what happened but it completed the door contact sure that's why the monitors didn't show it Lord Frank look how close it is to making contact John that's gonna go any second take it easy now move and shade that thing heat expansion will set it off how's this give me the phone dr. Thurston dr. Thurston can you hear me grant is that you now listen carefully we found the problem a small hand wrench has been accidentally dropped into the door track Lord now apparently it severed the detonation circuit but it's so close to making the contact now that we've got to have power to the door not while you're there come off the tower will open now you don't understand the door condensers are already loaded with enough power to detonate the bomb well is the wrench above the contact yes then opening the door will drop the wrench and set it off look you got to give me power just enough to make the door jump I'm putting a pair of pliers on the wrench I'll yank it out as soon as you loosen the door what if you miss I'll never know about it Johnny I'll do something fast the Sun is and you've got to you can't leave us like I can't risk it try to get back chance now if you could only see it I'll do it Winship give me ground zero power on my count just just do it I can explain now Grant yeah are you ready yes Grant I'll give you a 10 second count make it five all right five I get a good hole on that wrench five four three is that it Grant Grant are we out of it nice going John we're out of it there's we're out now the bomb can't go off the desert Sun continues to work its subtle magic on the wrench expanding ineffectually on the platform floor the Marines stands up on the trench the CD men emerge from their steel shelter to the relative chill of the desert heat the newsmen converge on ground zero the redhead and the ball head hop from the welcome elevator to see a tortoise scurrying ponderously towards his burrow they pick him up and he pretends he's not there at all but he is and they know it so they take him back to control points to live for another day suspense in which Mr. Jack Carson starred in William and Robeson's production of Miss Fire written by Tom Henley in a moment the names of the players who supported Mr. Carson in Miss Fire and word about next week's story of suspense this is Johnny Baker with communism on the spot in speeches and newspaper articles and over radio and television the communist leaders constantly state that everything they do is guided by the people's interests all this adds up to just another of their big lies the Soviet government is rule of the few by the few for the few the small group that rules is interested above all in staying in power and adding to that power its members treat the masses as pawns to be moved around as they see fit the people have only one right the right to do as they're told by the small clique which makes policy and gives the orders supporting mr. Carson in Miss Fire were John Daner Barney Phillips Sam Pierce Eddie Firestone and Norm Alden listen listen again next week when we return with Miss Margaret Whiting in the well-dressed corpse another tale well calculated to keep you in suspense suspense has been brought to you through the worldwide facilities of the United States armed forces radio and television service


Thanks for joining us at today's Public Good App House. Our sponsor for this event is UiPath. They make software robots so people don't have to be robots. Today's special event opened with a fireside chat with Beth Cantor, non-profit tech expert and co-author of the upcoming book, The Smart Non-Profit, Staying Human-Centered in an Automated World. Let's welcome Beth Cantor. Beth Cantor is an internationally recognized thought leader and trainer in digital transformation in the non-profits workplace. She's the co-author of the award-winning Happy Healthy Non-Profit, Impact.Burnout and co-author with Allison Fine of the best-selling The Networked Non-Profit. Named one of the most influential women in technology by FAST Company and recipient of the N10 Lifetime Achievement Award. She has over three decades of experience in designing and delivering training programs for non-profits and foundations. You can learn more about Beth at www.bethcantor.org. So in this fireside chat, Margarita Mucci-Vabic, Public Affairs Manager at UiPath, will interview Beth Cantor about her newest book. I will hand it back off to Margarita. Thanks again. Shout out to Beth and welcome her. Let's all welcome her to this great event. Really excited to have you, Beth. I'm looking forward to the fireside chat. Me too. I'm so pleased to be here. And I really enjoyed your presentation, Margarita. I think we're like saying, we're speaking the same language. It's great to hear. That's awesome. Thanks so much. Coming from you means a lot. So I really want to learn more about this. Why did you write the book about smart tech? What motivated you to do it? You know, I've had a front row seat at the creation of a field, the non-profit tech field for many decades. And I was there alongside many of my colleagues from TechSoup. So I'd give a shout out to Susan Tambi and Marnie Webb if she's there. And I've always worked at the intersection of emerging tech and nonprofit mission-driven work, mostly as a trainer and facilitator, collaborating with technologists to help nonprofit leaders really understand the relevance and to help adopt the technology strategically, reflectively and ready their organizations and ready their own leadership. So smart tech, and I'll explain what we mean by that in a moment, I think it's at this inflection point where it's common to technologies that reach everyday use. You know, there's this enormous increase in computing power and it's met with dramatic decrease in the cost of technology. So that means that it's no longer just for the NASA's and complicated moon launches, if you will, but everyday people and nonprofits can start to use it for fundraising, accounting, human resources, service delivery and even more. So the smart nonprofit, it's my fourth book, my second one with my wonderful collaborator, Allison Fine, we wrote the network nonprofit many decades, two decades ago actually. No, no, actually I'm rushing a decade and a half. And we wanted to write a guide that was not technical and that was specifically aimed at senior nonprofit leaders to understand how to leverage both the benefits and also navigate the challenges. Can you give us some examples of the benefits of the organizations adopting smart tech and maybe a bit about what smart tech generally includes? Is, are we talking about efficiency? Are we talking about more? What is there for us?  And it's an umbrella term that we apply to describe a whole range of advanced digital technologies that basically make decisions for people instead of people. So this includes artificial intelligence, machine learning and all its various subsets and cousins such as a natural language, processing, chat bots, robots and other automated technologies. And the reason, you know, we had, Allison and I have been writing a lot about artificial intelligence for social good, AI for good, AI for nonprofits for a couple of years now. And we noticed when we use the term artificial intelligence it for, at a leadership level people would kind of lay back and say, whoops, that's not for me, that's a technical issue. But we really strongly believe given the enormous benefits and given, you know, where that we're at this inflection point that, you know, that the use of this technology is a leadership issue. It's a leadership challenge. It's not purely technical. And so that nonprofits really need to be working in collaboration with the technical experts and also make sure that they're, you know including their end users, whether that's internal end users such as staff or external folks such as their clients and donors and the design and delivery of this tech. That makes a lot of sense. I do feel the same way about, you know how you talked about AI and then smart tech people tend to think about it differently, right? They become more open to hearing what you have to show about technology besides just AI itself, right? And I think there's too much popular science fiction negative narrative around the term artificial intelligence. And I think at least for nonprofits the concept of automation and the dividend of time as you talked about, I love how you quantified it but it's not just I think the, you know the return on investment which is significant but you mentioned 16 hours of save time. What we think and one of the reasons why we wrote the book is like how are nonprofits going to reinvest that time for to improve what they're doing to improve relationships with donors for example and maybe take a hit at the abysmal donor retention rate, you know actually connecting with donors and asking how they're doing. On the other end we all know, you know and certainly I know from a lot of firsthand experience and why I wrote my second book on workplace wellbeing is that in the nonprofit sector it's a burnout then because people are overworked and work long hours a lot of us are passion driven there's been an increase for demand for services but yet we're often spending that time doing low level administrative work that can be exhausting and that's been exacerbated by the pandemic and so if we can free up this time think about like maybe we could do things like a four day work week maybe we could give staff that rest they're needed or that's sabbatical and still get things done. We wanna caution people that automation isn't about just doing the same stuff more efficiently and working those long hours because you can get more done now that you have saved those 16 hours and it's not to lay off staff because oh wow we eliminated 16 hours because you know we have to be human centered about it the technology, the robots are good at doing one thing but humans are good at human centered stuff like relationships and empathy. Could not agree more Beth. So since we were talking about work life balance and wellbeing your last book The Happy, Healthy and Unprofit was about that but given the great resignation is there a connection to it? How do you feel about these things coming together? I'm really happy because these are two of my passion topics as I've been thinking about for the last 20, 30 years and so when I started down this path it was actually been writing about this before the pandemic and saw the potential benefit for workplace wellbeing from the saved amount of time but also the potential for certain apps to also help with that mainly apps that can streamline workflow. So in my work I facilitate a lot of wellbeing retreats for staff or else I'm teaching workshops and the biggest complaint I hear aside from the burnout and the overwork a lot of it's caused by these unrealistic workloads and if you sort of peek under the hood around that a lot of it has to do with unautomated unautomated manual types of systems that are there supporting the work that take a lot of bandwidth take a lot of our brain bandwidth and make us physically exhausted and put this on Zoom and stack it with back to back online screen time, we're exhausted. So I think if anything the pandemic has really taught us really the importance for wellbeing and the importance of digital transformation now it's time to marry the two. Awesome, thanks so much Beth for the great insights. I have a question around, sorry about use cases examples because I think when we're talking about use cases people have this aha moment and they figure out okay, I can do it as well. So in your book, The Smart and Profit you share a lot of great use cases, examples for nonprofits. Can you share a few of favorites of these examples so that we can learn and take home? Sure, that's a great question. We spent the book aside from talking about like what it actually means to be human centered and helping organizations prepare their data and ethical and responsible use. We did interview scores of nonprofits about how they were beginning to use these tools and for program delivery, fundraising and back office. So things from like screening resumes based on criteria that organizations set determining the eligibility for a host of social services, identifying prospective donors from your technology fundraising data delivering medicine and food to hard to reach places or directing refugees to available beds. And certainly the examples we're gonna hear in the second half of this session one of my favorite maybe more specific examples is from the Trevor project which provides crisis counseling to LBGQ plus people. And they created a chatbot. And by the way, chatbots seem to be the most common technology that nonprofits are using right now. We came across many examples but they created a chatbot named Riley not to replace the counselors on the frontline but to help train the counselors by providing real life simulations of conversations with potentially suicidal teens. And Riley's always available for a training session with volunteers and that helps staff scale the number of trained counselors without adding more resources. And of course, this is a big problem right now especially given that the pandemic has exacerbated a lot of teens in crisis. And the Trevor project sees the role of the technology as being really human centered and really understood what the potential harm of putting an automated system on the frontline as a counselor. And I mean, there's many bad examples of that, right? I mean, one of the most famous ones is a Twitter chatbot named Tay that the automation was one again like Riley was very smart and it was self-learning. And this chatbot on Twitter was intended to learn how to converse with young people but the trolls got a hold of it in less than 24 hours and turned it into a racist, misogynist swearing insulting harmful bot and had to be taken down. But let's go back to Riley. Riley is again, one of these really smart natural learning, processing, smart boss that learns from socializing or interaction but it's never exposed to anybody. It's only exposed to very controlled environment and to learn from counseling approaches which are very sensitive. They would never let it interact with the general public. Some other examples just really quickly some of my favorite came because of the pandemic I think the pandemic inspired or we might say forced a lot of nonprofits to go through a decade worth of digital transformation in two years. And one of my favorite examples is in the food banks because there was a huge increase in demand of course for people with food insecurity. And one of my favorite examples is from Pittsburgh. So during the shutdown kids were in marginalized neighborhoods were not able to get their lunches from the school because they weren't home. So they used AI and machine learning to efficiently re-engineer the bus routes so that the buses could bring the lunches to the kids instead of bringing the kids to the lunches for schools. And I just really love that example. And there's many others. So these are great examples Beth. I mean, that's just so inspiring and it gives you a lot to think about. But I really think this angle that you touched on earlier about the control environment for Riley to be safely used. I wanted to ask you about what are the challenges around adopting smart tech for nonprofits especially talking about ethical and responsible use such as the example you mentioned earlier what could you share about that? Thanks for that question. And I'm sure many of you that are in the chat and of course all of you on the call here and of course you Mark are to understand these challenges intimately. And in the book where we are creating this really for leaders to understand these challenges they don't need to know how to code but they need to understand how code is built and how it may be biased. So making strategic decisions about when and how to use a smart tech really is this leadership challenge not purely a technical problems. And as we know there's consequences to automating systems and processes that range from losing the ability to make judgment calls, that human centred piece like giving the unusual job candidate a chance to introducing flat out bias against people of color that's blocking them from receiving certain programs and services. And we include many examples of these in the book not only so we can learn from these and maybe mitigate the potential for problems. Bias can happen in different ways. First the data that the software is trained on can be biased, it can be incomplete there can be issues around how the data was labeled data hygiene, I like that word dirty data data that's really incomplete or inaccurate. And the technology needs enormous data sets in order for the algorithms to work. And my co-author also fine likes to say library of Congress sized data sets. And bias can also happen due to the assumptions that the algorithm or the mathematical code that actually makes the decision is constructed. Is it, there's a wonderful quote that I really like saying a lot is that algorithms are opinions encased in code. So we need to understand what assumptions did the developer make in creating this tech? Are they research-based? Is it just their view of the world? Did they do ethnographic research with end users? Where does that all come from? There's also data stewardship and privacy issues that organizations, senior leaders must understand and having protections on that data we're seeing more kind of scary types of stories about privacy being violated. And I think nonprofits really need to think through a do no harm pledge in using the technology and not wait for something bad to happen at scale but really be able to test and iterate their way and understand what the potential for harm is. And I'll talk about readiness in a moment but things like having an advisory group with expertise in ethics and data privacy and AI can really help guide the organization. And I think this is a really great opportunity for similar types of organizations maybe to share an advisory group like different food bags. I've noticed all these conversations and then in the last few years there's more and more thought leadership and recommendations and energy in this whole conversation around ethics and responsible use of technologies, emerging technologies. And since we are here also to talk about readiness and your thoughts, get your thoughts on how nonprofits can start their journey with smart tech I think it's really important to highlight that there is also a non-technical component related to readiness as the one you mentioned before. Sure, and we do focus on the non-technical the human readiness, the organizational culture readiness in the book. In fact, we have a whole chapter that's called Ready, Set, Go. And really it's sort of a blueprint for nonprofit leaders to ask the right questions and to set up the right design thinking types of methodologies so that they're really doing this in a very reflective, knowledgeable, strategic and human centered way. And that really begins with getting feedback from end users, whether that's staff or clients or donors. And maybe it's, you might start with a particular idea around the use case you might discover and doing this research and oh no, that could have potential harms or that's not solving the right problem. There's also really understanding and working in partnership with the particular types of tools that are out there, asking the right questions, reading their white papers, asking the tool makers what their assumptions were and understanding what's under the hood, if you will, without having to technically reconstruct it. And then finally, I think that last step is really in the nonprofit sector, we just wanna get things done, right? We don't wanna like test and learn if something doesn't work and have to correct it. But I really think that approach is necessary when we're talking about this technology to avoid some of the problems. This is wonderful, but thank you so much. I definitely learned a lot and I hope everyone enjoyed this RSI chat, really great energy, really great insights. So over to you, Beth and Nina. Thank you.


Hi, I'm Sally. I'm a third-year PhD student at the Australian National University and I work on an enzyme called rubisco So enzymes are biological catalysts. They work to allow reactions to happen under biological conditions and a lot of different things affect how Enzyme functions and how well it functions Enzymes are biological catalysts usually made of proteins that allow reactions to occur under biological conditions a number of factors will affect the rate at which and how well enzymes work and Most enzymes are specifically adapted to work in a very limited range of conditions Temperatures can have massive effects on enzymes if you consider warm-blooded organisms like people the cellular environment in which enzymes operate is constantly maintained at 37 degrees Celsius For many enzymes if they get too hot the bonds that hold the proteins together in their secondary and tertiary structures break and the enzymes lose their shape This is called denaturing and when that happens they can no longer perform chemical reactions Chemical reactions in biology are still chemical reactions And this means the energy in the form of heat makes them go faster at low temperatures There isn't much energy and things move slowly reactions go more slowly This means that for enzymes the fastest rate is usually an Optimization between a temperature at which it's warm enough for the substrates and the enzyme to be moving about But cool enough that the enzyme still maintains its tertiary structure and Because most enzymes are made of proteins, they're sensitive to the same things that proteins are sensitive to So proteins are made up of amino acids and each of the 20 amino acids differs by the side chains That those amino acids have and some of these side chains are sensitive to pH They might change their shape or their charge at different pH's This means or this has a flow-on effect to the rest of the protein and can result in differences in the way that protein functions Enzyme activity can also be altered by the presence of other compounds in the solution. It's working in


The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes, toll free at 1-877-MAC27-6648 or internationally at<PHONE_NUMBER>. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the April 19th, the wonderful Wednesday edition of today's Trader's Edge Show. I'm your host, Steve E. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. And let's make sure we have an extraordinary one. And the easiest way to do that, well, it's to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift in every set of circumstance that life is going to toss at us. Now, today you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I do want you to know I'm absolutely grateful for your presence here, but even more important than that. And that's this. During this next 53 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on at<PHONE_NUMBER>. Now, if you can't call in, but you've got a question, you can always send that an email to me. Send that to Steve at tfn.com. This is the subject heading. If you'd be kind enough to put radio show question, of course, if you're inside our Tigers, then well, then any in every ping will do. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show. We've got a sea of red out there. Got the Dow off 95, S&P down 9, Nasdaq 33, Russell 6. That's about three tenths, two tenths, quarter percent, and four tenths.  Gold is off 13 bucks, about seven tenths. Silver's up 12 pennies. That's a half a percent move to the upside. Lights Recruit is off 1.6 tenths percent. Trading down at 79.54 with natural gas off 14 pennies at 222. 30-year Treasury printed out a 129.10. That's off 23 ticks. Lead to charge. Dollar-wise, the upside. You've got intuitive surgical. Up 33 bucks, a little over 12%. Travelers is up about 10 bucks or 5%. Striker Corp, 9 bucks, 3%. Legend Biotech is up 16%. Or 8 bucks. NABIT Laboratory is up 7 bucks. That is a 7% move. CDW Corp is the leader. Dollar-wise, the downside off 26 bucks or 13 plus percent. Gasmill Holdings off 23. That's 4%. Eleven Seltdown 16. Humanoff 15. Molina Healthcare down 13. We've got some movers. And we've got some shakers. Let's begin with, let's begin like we did yesterday. Let's take a look at market breadth. Where are we on the market breast speed dials for the 30-minute time frame? Well, this is the S&P 500. The S&P 500, it has bearish market breadth right now. Forget about the lines here. You've got 129 instruments, above profile 179 below. So the bears or sellers have control with regard to the S&P 500 for their 30-minute time frame. But that's important because we're going to go take a look at a 30-minute time frame and just see what's going on there. In the case of the NQ, it's 26 below, I'm sorry, 26 above 32 below. So also negative market breadth there. So that's the 30-minute time frame. Now let's go check out the other time frame, 6240 Daily and Weekly. And let's start by taking a look at the S&P 500. So on the S&P 500, we're just slightly bearish on the 60-minute time frame. The 60-minute time frame shows 165 above, 187 below. But we now have a 30-minute and a 60-minute negative crossover. The other time frames, well, let's just take a look at the 240 and see where we're sitting there. On the 240-minute time frame, 205 above, 125 below. So it's the 30-60 that are troublesome right now for the S&P 500. Let's go ahead and pull open the NASDAQ or the NQ out here. Great question. Let's go ahead and pull open the NASDAQ 100. What we'll see here is we've got bearishness on the 60 and the 240. The 240 right now shows 30 above, 42 below. On a 60-minute time frame, what we have is 17 above, 66 below. The Daily is still bullish. The Daily, when I say still bullish, that means that there are 30 instruments trading above, profile 17 below. So it's the intraday time period. So if there's going to be a top that's in place, it's the intraday time period. It's the bearish, which is what we have as we speak right now with regard to the NASDAQ. For its 60-minute, it's 240 and it's a 30-minute time frame. So let's go over. We'll switch panels here. We'll fire up the NQ charts and try to see what kind of patterns for those time frames exist or if there's any kind of support for us to keep an eye on. So this is the dial, but let's go ahead and get the NQ fired up here. Just give us a few moments here for the screens here to populate. The NQ right now is trading out at about 13.144 and 13.144 still keeps it above the top of its Daily profile. So one number you certainly want to have on your pad of paper is going to be 13.062. That is the top, or 13.063. That is the top of the Daily profile out there. So now we're getting and we're going to have actually yeah, so you can see that here on the upper left-hand side of the chart. So we have resistance which is the top of the profile. We're below a resistance level that Osler and Chainson we've really got kind of a neutral to bullish signal here for the NQ. If we take a look at, so let's just start with the 240-minute chart and see what we can find out here. So on a 240-minute chart and we're looking for patterns. What patterns do we have? The only pattern that I see out here is I see a Roadsman Dominicator top that formed at about 10 o'clock in the morning that was back on April the 4th and that led to a TD9 count bottom and that formed at $2,200. A 10 o'clock in the evening that did that on the 12. That led to a bounce up to resistance that was the TD9 count break down level at $13,241. We've not had two consecutive closes above that. So support on a 2-hour or 4-hour timeframe that is is going to be down at $12,925. Closed below that, $12,742 is on deck. Likewise, if price can get back above its Green Osler and Chainson right now at $11,167 we should see a move up to the $13,241 area. So nothing really broken here solid bottom solid top just a consolidation just a chop chop fizz fizz and it ain't a relief. Let's go take a look at the 60-minute timeframe chart so we know we had negative crossover there but we do have a TD9 count bottom that formed at 6 o'clock this morning and that is held throughout the morning price is now above the top of a 60-minute profile. This says there's more rally in it. Now more rally ought to take us up to $13,186.75 or $13,206. The price closed above $13,206 well we're back up to the highs of yesterday. So the 60-minute chart even though it's got that negative market breath out there it's above resistance being the market profile. The 30-minute also had that negative market breath with regard to its bottoming patterns I don't see one out here per se but there's probably an A to B equal CD there is but I don't know that it really completed. Let me just take a quick peek here we'll draw that in so A to B that's pretty easy to identify now let's just go find the next highest high after that C point that's going to take us right there and we did not complete the A to B equal CD so it's a 60-minute chart here that I would say that is driving patterns nonetheless the next area to watch on a further rally out here is going to be $13,171.50 inside the NQ which you know if we get a close above this $13,140 level in the next 16 minutes that's where price is going to target now price can close above $13,171.50 that tells you that we have more rally to go for that rally I just look back to that 200 or the 60-minute time frame chart that gets us to the $13,186.75 and then finally gets us to that number of $13,206 out there so that's what we see we take a look at the NQ what they're signaling to you and I as we speak right now at $11,14 is we should see further by further rally is it just a counter trend move up to resistance that I don't know but price should go target those resistance levels Steve Rhodes with TFNN we'll be right back currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out Teddy Kegstad's Tiger Forex report Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs including the dollar index, the euro dollar pound dollar, dollar Swiss dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously when you sign up for the Tiger Forex report you also gain instant access to Teddy's 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the Tiger Forex report for all the details and to start your 30 day Tiger Forex report subscription today visit the front page of TFNN.com TFNN Educating Investors You might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right? Like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you a direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman Wave the Chapman Wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day 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 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 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 7 of Steve's educational webinars absolutely free 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 Free at 1-877-927-6648 Internationally at<PHONE_NUMBER> Welcome back folks let's get to a couple of requests out there clicky noise that folks are hearing we tried to resolve that during this last break if it still exists we'll just have to reboot there will be a delay with me during the show here because to reboot all my stuff it takes quite a while but if it's uncomfortable and hearing that clicky noise that's what we'll need to do so let's go on as we speak right now and see what happens see if that clears itself up so we'll take a look at ticker symbol from Kota I believe as Basil was completing his show out there so first let me share with you you don't see it on this white background chart but let me get to the other so first thing Kota is jot these numbers down on your pad of paper there's a new profile that is formed it's not showing up right now on my white background system the resistance level the top of the profile 142 the center 129 and the bottoms 113 so that is a very structured profile we'll get back to 113 there's also roads with the indicator top that formed yesterday it was at the bearish dark cloud cover but at the same time price made its way all the way back to that green Ocelot and change line the overall daily time frame signal here is neutral yes you have a top the price above resistance both the Ocelot and change line and the top of its profile the weekly chart says I'm going to go target 150 now on a monthly basis you are trading above the top of a new profile right now so the month is not over obviously so one of the new profiles 136 year 138 so close above 136 at the end of the month would be a bullish outcome so 150 looks to be the target out there you've got a new profile of 142 so you've got a blocker up there and you have a neutral market with regard to the daily time frame so hope that helps you out Kota with regard to what we see on the charts for AQST Dan inside the Tiger's Den wants to take a look at a FOMO trade fear of missing out and that's on ticker symbol CFRX now CFRX here formed a nice TD9 count bottom it did that on the trading day of April the 14th and then gigantic gap to the upside I'll assume with volume and what that did was it took it right up to profile resistance Dano which is at $3.95 the actual high tick on that was 395 that day so now what we have is yesterday closed back below the bottom of that bullish structured profile the question is was that just a one hit wonder and we won't know until the end of the day but if you did get a close today below 182 or 184 right now well I don't know where you're at let me just see here let me especially on instruments like this that have light trading which I assume this does very light trading so this is trading at $1.80 right now not $1.85 like my system shows so I would say Dan that a second close at the bottom of that profile 182 is going to suggest lower price and that lower price boy let's just go take a look at a 30 minute chart out here for that we'd want to see some kind of bottoming pattern let's see if one is actually formed and so I don't have one that is actually formed as we speak so I don't have we're below profile we're below the oscillatory change line so the fear of missing out I would say I'll hold on a minute here you might be able to alleviate that fear by buying this back at a cheaper price out here so let me just take a quick peek the oscillatory change line is not going to be right when it changes to a 15 minute chart but it's just for blanks and giggles let's just see if there's anything on a 15 minute chart and the only thing that I've got here Dan is a TD9 count bottom but that low was $1.60 and did we get a close below that? we did not get a close below $1.60 so on a 15 minute basis you still got a TD9 count bottom that is in place out here so I would watch that low but again we're back at that $1.60 type level out there $1.62 I know is on the bottom of the profile so I don't have a great read here other than what I've shared with you so far I'd watch today's close and if the close below that profile odds favor a further move lower so hope that helps you out you also had another request out here this was an entity that you're looking at as having medical breakthroughs that ticker symbol is C, V as in Victor, M as in Mary and that looks very good that looks like we've got you can probably say we've got an A to B equal C to the upside on a daily time frame out there well we do know for sure with certainty is prices trading above the top of its daily profile is very likely going to go target 289 Dan 289 is the TD9 account breakdown level that's the high of the session from March the 9th on a weekly basis price right now is trading above the top of its bare instruction weekly profile so a close on Friday above $258 is going to be a bullish signal and it's going to suggest that price should go make a run for the $333 level so we got 289, $333 we take a look at the monthly time frame chart what it's dealing with here is oscillator and change line resistance that right now is at 260 so we got 260 which you'd like to see a close above at month end however even if you get that well you still have profile resistance up at 352 so the further confirmation from your standpoint that you're looking to say that you know what that 289 that $3 in no area is what's going to unfold I would have to say is going to be a close on a monthly basis above that red oscillator and change line again right now is at the exact number as we speak is at $2.60 that's what I see when I take a look at CVM pull this back a little further on the daily time frame there any other signals out here really isn't so 289 looks like that's where this thing is gunning for so hope that helps you out Dan as far as days up days down in your welcome this is going to be day number two to the upside and what we can see here is this has done many especially since well let's say since January of this year so throughout 2023 what we have mostly seen out here Dan are two bar rallies to consecutive daily moves higher the only time we got a third bar was back on March 28 so this is suggesting that you should expect or anticipate a pullback whether that is tomorrow or the next day that would be normal and there you might be looking at a two day pullback as well for the next time to enter CVM next question coming in from John C inside the Tigers Den and John wants to take a look at good old Apple Apple on a daily basis has the roadsman to indicator signal what it needs is a bearish reversal candle now it did have that pattern and that pattern which formed right here on April the fifth but that pattern would get negated with a close today about 166.84 we're trading right now 167.16 although let me make sure where we are trading here let me get to that black background screen sorry I took an ice chip there 167.04 is where we're trading so I got just a tad of a delay but a close today in the case of Apple above 166.84 negates its roadsman to indicator top which by the way it formed that top price pulls all the way back to profile support which held and there was a slight close above it below it on 412 April 12 but right back above it the very next day so Apple still looking very bullish the weekly chart says hey I have a change in trend why does it say I have a change in trend because Apple have been trading inside this descending price channel out there and as we speak right now I mean maybe I could just take one more line here that I could draw in here so let's do this let's go from here let's go to this top right there so there is another trend line so there's the channel line the trend channel line maybe I could redraw that so I'm going to go with it we don't have a full breakout inside of Apple on a weekly basis what we do have though more likely than not Apple is gunning after that 171.53 level 171.53 that will occur if we get a close above 166.84 at day's end Steve Rhodes with TFNN hope that helps you out John best of luck to you we'll be right back sign up now by visiting TFNN.com don't miss out on the next great gold trade sign up today you join our community of traders in the Tigers Den you can look over the shoulders of Tom O'Brien 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 Tigris as they share trading ideas news analysis and discuss the market action all trading day even at night and on the weekends the Tigers 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.com sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just by tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free each host is an experienced trader and gives their take on the market about taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors let's go to our first caller it is Sue and Bethesda Marilyn Sue thanks for calling thanks for holding how are you doing today thank you I hope you do the same thing thank you so much for taking my call I'm looking for I'm wrong at MMM okay yeah what you think about it I own it higher okay well I like it right now so here's what I like about the charts first on the daily type frame you've got a nice roadsman to indicator bottom we're starting to see higher highs and higher lows prices trading above the top of a profile although there is a brand new profile that is formed today so Sue you might want to jot these numbers down on a pad of paper just so you can understand how price is doing with regard to new support and resistance now it's a barestructured daily profile resistance where sellers reside is at 107.30 where buyers reside is at 102.92 where buyers and sellers believe that 3M is fairly valued that's the center of the profiles at 106.05 so this is a barestructured daily profile I would say that a price close to both today and tomorrow below 106.05 Sue what it's signaling to you and I is price should pull back that 102.92 level that doesn't mean that it's you know that's negating its bottom it's just you know the market moving up and down so I'd watch that 106.05 level likewise if price were to close above 107.30 that's what you would really like to see because then you would have a resistance fail and that would then suggest that we should see price move up to 113.84 113.84 Sue have yeah 113.84 is the top of its weekly profile the weekly time frame has two bottoming patterns that doesn't mean it's a stronger bottom than something that has one it just happens to have two bottoming patterns and one was a TD account and the other was a Rosemont Dominicator signal if you also look at your charts you can see this I'm sure on your charts if you look at the swing point that formed on March 24th what transpired on April 10th was a test of that swing point was a test the swing point high and it was with lighter volume the candle session on April 10th was 2.8 million shares net swing point down there at March 24th was 3.5 million shares so this stock chart here really has everything that you want in order to be long at least on the daily and the weekly time frame the monthly chart not so much the price is below profile I mean it's below support there is a Rosemont Dominicator signal that's been triggered but it needs a bullish reversal candle and it's a long way away from that unfolding right now but let's not trade this off of the monthly time frame let's pay attention to the weekly and the daily and they are both suggesting that we should see price move higher however you might see price move lower for a few days out here especially because we get two consecutive close below 10605 I'll put this other chart here where I take a look at just simply its steps of moving higher and lower consecutive steps that is and today looks like you're going to get a second consecutive lower close what I can share with you is since this bottom formed out here we have seen that the first pullback which took place on April 4th after that bottom was a two-day pullback as well so you know you're going to see jostling around here but I do like the trade at this moment in time now what information did I share with you that either confused you or I can try to clarify or any other information that can provide for you Sue okay well the earning is coming uh next week early next week so that's wondering that I should take off on her well I so I would I don't have a reason to share with you uh to take that trade off at least at this stage here I just don't have that doesn't mean you know I don't know idea how the market will react to earnings but what I don't have for you right now is a reason to tell you to sell short or anything along those lines when it comes to 3M yeah okay I understand thank you so much okay there will support a 106 there will go the support to be 106 105 102.92 yeah well 102.92 102.92 is your key support level 102.92 102.92 90 102.94 92 but that's okay we're not going to we won't worry about a penny or two so we're good okay okay I appreciate that so much thank you so much a million things for you thank you so much thank you for the call that was Sue Bethesda Maryland folks would love to hear from you as well you can always reach out to us at<PHONE_NUMBER> so you're still getting at what we'll do here in about four minutes I'll just reboot so I will not be coming back online at the normal time but let's try to get this thing let's try to get this thing figure it out here so what do we have I wanted to take a look at XBI so let me get XBI fired up here maybe I already have fired up but who knows we're just going to get it fired up and let me actually get to Greg's question so Greg writes in he says would you look at XBI for me I am in it you're in he's in LB LLABU which I believe is the triple up for that but we're using XBI that is his base that's great some support resistance numbers would be great okay when it comes to XBI right now it is trading out at about 8144 I'm going to get to confirmation exactly where it's trading 8136 right now there this also has a new profile so it's not showing on the white background screen so let me just well here I'll show you in the black background screen give me a moment here let's change panels by the way new profile I'll read these numbers off to you so you can jot those down I'll show you the profile resistance up at 8181 center that profile is at 7625 and so too is the bottom so this has very strong support at 7625 this is an A to B equal CD to the up pattern out here Greg and it needs a bearish reversal candle to confirm atop we don't have a bearish reversal candle yesterday's candle was not a bearish reversal candle therefore this should continue to move higher however you now have what you didn't have you've got that resistance at 8181 if this is going to move higher then you need to see price clear that level if it doesn't move higher what's that mean I don't know because I don't have a bearish reversal candle so it's not like I can call this a top out here and therefore I won't call this a top so you know got price above the top of the weekly profile at 7973 you're inside a bullish structured week a monthly profile and you're above the center of it let's see what this is showing us on a 30 minute time frame if there's anything out here so you've got just a choppy ish market so this formed a roach mint de-miticator top a TD 9 count top it's led to just simply a sideways move out here so not a ton so I don't have real reasons to I don't have any reasons to sell all I can do just here that you've got some battles now and that battle ground right now is going to be that 8181 level which what you were looking for you're also looking for support that's now down at 7625 inside of XBI as you use those charts to continue to move forward so I'm seeing some emails here about the beeping noise they was Russell 2000 seagull wanted me to take a look at that see if we can get this here fired up and RTY give me a second to get those charts and then so we got about really just about 50 seconds or less so I think what we'll do here is see if these charts pop so what you've got here basically a seagull inside the Russell 2000 is a consolidation with inside its daily profile that's between 1722 and 1825 but we really have to say the consolidation is in between a Saucer and change line that's at 1777 so you'd watch that 1777 level on any further pullback and to the north you're watching 1825 70 out there that is the top of its profile Steve Rhodes with TFN and let's see if we can get rid of this clicking noise I'll be back as soon as possible you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman Wave the Chapman Wave up-down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30 day if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30 day 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 are China A shares hot or not if you trade China A shares now may be time to take a closer look trade CHAU or CHAD directions daily CSI 300 China A share bull and bear ETFs China A shares in either direction visit direction investments.com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at<PHONE_NUMBER> the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services LLC this program is brought to you by Vista gold traded on the NYSE American and TSX under the symbol VGZ if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30-day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold silver bonds DXAU, HUI, GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com don't miss out on the next great gold trade sign up today BFNN has just launched their new trading room the Tiger's 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 and now they are expanding their reach with the Tiger's Den available to all tigers and tigers for just $1 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'Brien 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.com sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at tfnn you'll get advice and guidance from the authority in technical market analysis and it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with Tiger TV live every market day from 8 30 a.m. to 4 p.m. eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel to become the investor you were born to be tfnn educating investors an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at<PHONE_NUMBER> the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ thanks for your patience there folks hopefully we've got that clicking noise resolve hopefully it was just nothing more than a reboot of the system I did notice that Skype went ahead and installed an upgrade so maybe that was the issue so let's get to this next request out here a little out of sorts right now a little out of order so to speak so I apologize if I happen to overlook something but there is a request from a tarpon too to take a look at anhyzer bush BUD is the ticker symbol out there so we take a look at it here's what it's doing right now tarpon it is trading back inside its profile and it's trading above a green oscillator and change line so if this can close above the center where it's trading right now center of its profile that's at the 6594 level saying just your home screen okay now there we go I said I was out of sorts and I just wanted to actually prove that to everybody thank you Al so now we've got the white background screen you can see price above that green oscillator and change line you can see the profile levels it's dealing with there 65 36 at support 65 94 at the center and 6651 so price closes above the center of this profile out here a resistance level at 6594 should make its way to 6651 you've got a TD 9 count top don't have any kind of a bottom but you do like the way that it's trading right now on a weekly basis there's no top in place here in fact there's an A to B equal CD the upside says this thing should move higher the same is true for the monthly time frame chart so we like what we see with regard to anhyzer bush out here BUD is the ticker symbol 30 minute time frame chart tarpon also looks very good out there prices taking on TD 9 count breakdown resistance 6586 you closed above it it should head up to its next resistance level and that's up at the 66 66 level which I didn't have to give you all those sixes you know but there's four of them so maybe it's because there's four we don't have to worry that it would have been a 366 number so hope that helps out with regard to anhyzer bush thanks so much for your patience out there Roger writes in so I see an email here and Roger wants to take a look at Netflix so let's do that pull up Netflix NFL X and wants to take look at Morgan Stanley earnings were out this morning I guess with Morgan Stanley Netflix I believe was after the bell last night we look at that I think yesterday with regard to Netflix and what we saw there was consolidations inside the weekly chart inside the daily chart now prices trading below the bottom of that daily profile 324 13 and so a close below that is really suggesting that price should go target 304 13 out here now the volume in today's trading action is about 1213 million shares which is taking out 6 million shares so I hate to use the same swing point as both the A and the B as both the C the B and the C point out there but in this instance that's really what needs to be done so in the case of Netflix the A to B equal CD pattern whoops try this here the A to B will draw in A to B and then we're going to go ahead just simply move this line over move that to that high of that swing point so this is near the one to one A to B equal CD down but you're doing it with volume what you want to watch for here is a bullish reversal candle if you get that in Netflix that would then generate a Gartley buy pattern in lieu of that price is likely going to target 304 14 now before it gets 304 14 it needs to deal with weekly support and weekly supports at 305 22 and before it wants to do that it's got to get through the monthly oscillator and change line so at this stage here it's a 318 95 ish area that is going to be key for you to watch to understand what Netflix wants to do but it does look like it wants to head lower but that monthly chart is fighting saying I don't want to head lower Steve Roach with TFNN we'll be right back if you're looking for potential trading in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30 day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN dot com TFNN educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN dot com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day 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 TFNN dot com educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock 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cash 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 dot com back folks so we've got a number of requests out here I'm going to just blow through these as best I can Mike Morgan Stanley out here Morgan Stanley nice rogement of indicator bottom pattern prices consolidating with insiders daily profile that's between 84 25 at support 9106 as resistance you've got 9013 as resistance on the weekly 266 everything looks good you're just in a good old-fashioned consolidation when it comes to Morgan Stanley we take a look at Teladoc that goes for SNP in the Tiger's Den Teladoc what do we have out here I don't see any kind of a topping pattern at all and it looks like what this wants to do is move up to 3025 3025 is this TD9 break down resistance level in order for it to do that you need to see a weekly close of about 2798 now so watch that a weekend at week's end on Friday if you do get a close above that then that's going to be that signal we're moving up to 3025 otherwise you've got to deal with that resistance the monthly chart resistance area is going to be up in the Saucer and change on it 3012 so you're 3012 you are 2798 as your resistance areas to watch you get above those you're up at that 3025 and above 3025 you'll be looking at 43 69 that is Teladoc as a request to take a look at ticker symbol BTNX and I think the question here is where would I place the stop well this is trading into a swing point from March 27 that swing had volume of 1.8 million shares so far you are pulling back with lighter volume or 237 that says we do about 750,000 shares so the stop would be certainly a close below that swing low so that's 1998 a stop below that and 31 is the weekly TD 9 count breakout level certainly a close below that area would suggest that this wants to move lower but I see a weekly hammer candle from the trading session back in June June 24 then that low is going to be 1708 so I don't know where you're in at and everything but 1708 would be the make or break level out there you close below that on a weekly time frame and BTNTX wants to continue to move lower folks sorry about that little clicky noise glad that we got it resolved Occidental petroleum somebody wanted that I see an A to B equal CD to the downside wait for a bullish reversal candle which would form a garly by pattern on that one folks stay tuned for great programming I'll be back with you on terrific Thursday please have a wonderful Wednesday take care


Rarely does a company sell just one product, so break-even becomes more complicated based on the sales mix. The sales mix is the relative percentage in which a company sells its products. You can see an example of a sales mix here on the slide. Sales mix is an important concept because rarely do different products have the same contribution margin. In order to determine break-even for multiple products, we need to determine the weighted average contribution margin. In doing so, our formulas get tweaked a little bit. We will divide fixed costs plus operating income by the weighted average unit contribution margin. In order to figure out the weighted average unit contribution margin, we need to do a couple of steps. First, let's multiply the product contribution margin times the sales mix. Once we add all of these amounts up, we have the total unit contribution margin. Then let's divide that total number of products sold to equal the weighted average contribution margin. So let's assume the following. Product A has a contribution margin of $20. Product B has a contribution margin of $10. And product C has a contribution margin of $5. Let's assume the sales mix is 60% A, 30% B, 10% C, and our fixed costs are $10,000. So first, we multiply the product contribution margin by the product mix. In this case, I used 10 units because that gives me 6 plus 3 plus 1 for a total of 10. So product A is 20 times 6. Product B is 10 times 3. And product C is 5 times 1. This gives us a total contribution margin of $155. Then we divide it by the 10 units and we get a weighted average contribution margin of $15.50. So break even based on the given sales mix is 645 units.


Well, the first and only debate between John Fetterman and Dr. Oz just concluded and I figured rather than waiting until tomorrow to put out a video on this I just wanted to share my response right now immediately after watching the debate while it's still fresh in my head And I've got to say you will know where I stand I am rooting for John Fetterman and I despise Dr. Oz Having said that though trying to be objective and putting myself in the mind of an undecided Pennsylvania voter I've got to say I think that this debate unfortunately was an unmitigated disaster for John Fetterman for a number of reasons now the most Pressing issue was very clearly that this debate was not very accommodating to him as someone who just recently suffered from a stroke Giving both candidates 15 seconds to respond That's just insufficient. I'm sorry even for Dr. Oz. He could barely articulate himself within 15 seconds But for John Fetterman who isn't having an issue with cognition, but he's having an issue articulating himself I think that that's very evident He needs more than 15 seconds to respond at a minimum this debate should have been longer and Response time should have been a little bit more lenient given the circumstances here if you want to Accommodate somebody who had a stroke you've got to do more than just add closed captioning So I don't think that the format of this debate was great for someone like John Fetterman in the event This were a town hall where you can casually take, you know questions from people and it was a co-town hall With dr. Oz. I think that would have been fine, but him agreeing to this debate. I Think it's gonna hurt him honestly I think that if you tuned in and you watched this debate and you were undecided You're probably coming away thinking that dr. Oz was the better candidate But that's not to say that dr. Oz did well in this debate I think that if John Fetterman was fully recovered already it would have been brutal for dr Oz because even with John Fetterman not operating at 100% struggling to articulate himself dr. Oz came off as Incredibly smarmy incredibly disingenuous incredibly pompous and he refused to answer almost any question Moderators had to ask him one two or three times to try to pin him down and he still wouldn't answer the question So it's unbelievable that when you have this huge advantage You still somehow end up looking terrible at yourself But I think that he may just win by default because John Fetterman very clearly wasn't ready for this debate I think that that's evident and on top of that if I'm talking about the format overall the moderators were terrible Every single question was framed from a right-wing standpoint for example the question on Social Security They asked them about Social Security and the way that the question was framed was something to the effect of Social Security is Only going to be fully funded until 2034 except okay, why don't you tell us what happens after that? So by 2023 it'll be fully funded until 2035 It keeps extending and even when it's not fully funded it will pay out a majority of benefits So the entire premise of the question is completely fraught and comes from this right-wing position And that's not the only question But it's just one of the most egregious examples that stood out to me and it was just a disaster Certainly, I don't think that dr. Oz came out looking good But I think he just came out looking better than John Fetterman given the circumstances here that are really unfortunate It was difficult to make out what he was saying like he would say things allude to certain policies or talking points that I know But if you're just a regular voter and you're not as well-versed or savvy You're not really gonna know what he's saying It was difficult to distinguish what he was saying on top of that from a policy standpoint John Fetterman ran away from basically every single policy position with the exception of the filibuster So dr. Oz attacked John Fetterman for being an extremist and essentially John Fetterman took the bait and he ran to the center with Which is just not good at all. So John Fetterman has historically supported Medicare for all That is essentially socialized medicine. It's where you get rid of private insurance effectively And he ran away from that just saying I want you know Medicare for all or I want healthcare rather to be Affordable he said the same about colleges, you know the progressive stance traditionally has been Free college but John Fetterman said I wanted to be affordable when it comes to the issue of fracking He's kind of flip-flopped on this but historically I actually just thought that he always supported fracking Which is one of the things that I disliked about John Fetterman But apparently in an interview that he had with savage joy someone who I actually know Um, he said that he was against fracking and this by far was the worst moment of the debate for John Fetterman Let's watch you're saying tonight that you support fracking that you've always supported fracking But there is that 2018 interview that you said quote. I don't support fracking at all. So how do you square the two? Oh, I I I do support fracking and I don't I don't I support fracking and I stand and I do support fracking. Okay. Thank you. Mr. Fetterman That was incredibly difficult to watch not just because I disagree unequivocally with John Fetterman there But because I support him and I want him to win But he just didn't have a response To this flip flop here and again, I didn't know about the flip flop But as bad as John Fetterman looked in that portion He did not look nearly as bad as dr. Oz looked when the issue of abortion came up So they asked him three times whether or not he would support Lindsey Graham's bill on abortion He didn't answer the question. The same was true for minimum wage too, by the way He just wouldn't answer the question But look at what dr. Oz said he I can't believe he actually said this He said this when it comes to who he believes should be making the choice when it comes to abortion I want women doctors local political leaders letting the democracy that's always allowed our nation to thrive to put the Best ideas forward so states can decide for themselves. So abortion is a decision that should be made between the woman her doctor and local political leaders That might be the worst take on abortion I've ever heard and I can promise you for all this talk of trying to be A balanced candidate and to bring back civility and to not be an extremist That right there is going to turn off a lot of independence and probably a lot of conservatives as well Who don't think that political leaders should be making decisions about our own Personal healthcare What an insane thing to say on top of that other demonstrable lies that Oz said was oh well I um wasn't selling bogus weight loss pills even though we all know he was featured in ads for them Take a look here. Did you or your company make a profit from promoting those products? You have 30 seconds I never sold weight loss products as as Described in those commercials It's a it's a television show like this is a television show So people can run commercials on the shows and that's a perfectly appropriate and very Transparent process I ruffled a lot of feathers on my show because I told people the truth and i'm proud of that I'll do the exact same thing as a u.s senator It is inconceivable to me that you are a voter in pennsylvania And you haven't heard about the way that dr. Oz got busted for hawking miracle weight loss pills That was a national story. It was huge So for you to lie and deny your role in that It's genuinely mind-boggling that he didn't come up with a better response than to just deny But I think that the saving grace for john fetterman Was that he brought up the Oz role repeatedly whenever he's on tv He's lying and this is something that he kept pushing which I think was really good But back to some negatives about john fetterman When it came to the question of medical transparency and why he won't reveal or release His medical records surrounding the stroke and he just has that doctor letter clearing him His response here. I think was really bad Mr. Fetterman, will you pledge tonight to release those records in the interest of transparency? You had 60 seconds To me for transparency is about showing up. I'm here today to have a debate. I have You know Speeches in front of 3 000 people in Montgomery county, you know all across pennsylvania big big crowds You know, I believe if my doctor believes that i'm fit to serve And and that's what I believe is appropriate and now with two weeks before the election You know, I have run a campaign and I've been very transparent about being very open about the fact We're in use captioning and I believe that again my doctors the real doctors that I believe In they all believe that I'm ready to be served follow up. I didn't hear you say you would release your full medical records Why not you have 30 seconds? No Again, my doctor all believes that I'm fit to be serving and that's what I believe is where I'm standing Yeah, when you're a voter and you're undecided and you're watching this and you can tell that he's very clearly struggling to articulate himself Then to see him not want to release his medical records. I think that that does raise a question I mean me personally, I don't necessarily care that much about medical records But I think that other people are not like me where they want to know, okay I see that you're struggling to articulate yourself. Perhaps they don't know that this doesn't necessarily Hinder his cognition but You know, I think that that's not really going to reassure them But Despite that, I do think that there was some positive moments from john fetterman. It wasn't all bad I do think that this zinger about bernie sanders that he threw in there was really great because dr Oz kept bringing up how john fetterman was an extremist like bernie sanders and you know, he got in a good line Take a look. He keeps talking about bernie bernie sanders, you know, three years three years ago He was on his show and he hugged him and he said I love this guy. You know what?  Couldn't really articulate Why he did that right? He didn't defend himself and so when dr. Oz says why not apologize then It's a good question. Why not apologize? Why not? Try to right the wrong if you very clearly did something wrong If this wasn't the result of you racially profiling then I think we need further explanation I think that people in pennsylvania are owed a further explanation, right? And he said he was just protecting his community Sorry, that's not something that is very um Very persuasive to me. Um, so that was I think really potentially devastating But a moment that looked really embarrassing for dr. Oz Conversely is when he was asked about supporting donald trump And whether or not the legal problems worried him and he literally had the audacity to say that he hasn't followed trump's legal problems I mean just the sheer level of disingenuity from dr. Oz is It may be unprecedented. I mean he is so slimy and so fake. He is genuinely lucky That john federman was not operating At 100 capacity because if he was it would have been really easy to demonstrate How fake dr. Oz is and for somebody who has been on television for I'd imagine more than a decade dr. Oz himself said some really bogus almost incoherent things for example, he said something to the effect of and I'm paraphrasing here that fentanyl is showing up in mailboxes and they're endangering the lives of children What like what? What is that? What? Do you have any examples of this the threat of fentanyl comes from drugs? Not being regulated by the federal government to where if you buy heroin And they cut that with fentanyl. That's where it poses a danger to people's lives. This is why Fear mongering about legalizing drugs is so stupid because if you genuinely fear fentanyl Then you can cut back on overdoses By having the governments regulate drugs that are already going to exist But dr. Oz wants to embolden the black market by fear mongering about in my states Uh decriminalization of drugs Just absolutely absurd and I wish that john thederman was at 100 so he could point that out But overall just to kind of put a bow on this entire breakdown here My thoughts are a little bit scattered, but I just think that this was Not good for both of them for sure But definitely more damaging To john thederman and I wouldn't be surprised if the next couple of polls that we see Show thederman down Regardless if this debate took place or not I would have anticipated the polls to continue to tighten because that's typically what happens as we go closer to election days But I think that in the event This were to hurt john thederman politically And reduce his chances by like or cut him down by like two to three points I genuinely wouldn't be surprised. That's how disastrous I think it was and again It pains me to say that because i'm rooting for john thederman Even if I have a lot of really strong disagreements with him when it comes to policy I don't like that he has shifted to the middle when he has historically been progressive Don't run away from your progressive uh progressive stances Challenge dr. Oz and call him the extremist because he's the one who is endorsed by donald trump and all of a sudden he's distancing himself from trump and rebranding himself as More of a right-wing centrist, which is preposterous, right? So it's just overall I don't think that this debate was a good idea for john thederman's team. I think that he would have done Better for himself and his campaign to just not do this debate But I think that that kind of goes against my principle that voters need to see these two candidates Duke it out But it's difficult because they very clearly weren't willing to accommodate john thederman Who is still recovering from having a stroke? We'd be lying to say That he wasn't having trouble articulating himself He very clearly was and it's understandable because he just had a stroke the fact that he is on stage right now Is a minor miracle But if you're gonna have this debate if you're gonna agree to this debate Then the moderators have got to create a format that's much more accommodating But then again, dr. Oz came off so poorly that maybe it's a wash. I don't know. I think that's wishful thinking Honestly, I think that overall this is gonna hurt john thederman And i'm crossing my fingers that it doesn't hurt too much and that he has enough of a lead that there's some cushion there But overall now i'm really fearful that john thederman could lose this race And I just hope that that's not the case, but this was just Not easy to watch if you're rooting for thederman. So i'll leave that there really, uh, unfortunate, but That's the reality of the situation. I don't think that this is going to benefit john thederman