All right, Ecclesiastes, thank you, Ecclesiastes chapter 10. We'll start with verse 1.  So does a little folly to one respected for wisdom and honor. So let's begin. Dead flies putrify the perfumers ointment. Dead flies. When you look at this, this literally would be flies of death. That's what it speaks of. And so what are flies of death? Well, they may be what are referred to as dung flies. And the dung fly is a type of fly that actually stings. And so the point he's making is when they make their way into a vase of ointment, they die. And when they die, they smell up or putrify the ointment. What once was fragrant and valuable is now putrid and unusable. So it only takes a little bad to spoil that which is good. That's the point he's making. Dead flies putrify the perfumers ointment. It only takes a little bad to spoil that which is good. It only takes a little foolishness to spoil what was wise and had glory. And so he's pointing that out. It only takes a little bad to spoil that which is good. And so he goes on and says in verse one, so does a little folly to one respected for wisdom and honor. It takes a lifetime for you to be able to build up credibility. It takes a lifetime for you to be earning people's respect for your integrity and character. A lifetime. And it's lost in a moment. All you have to do is one time blow it in a way that is obviously critical. And all those years that you worked to be respected, all those years that you worked to have character, to have a great reputation, well they're lost in a moment. And so he's saying those who are respected for their faith and their character must protect it. And if there's anything that I would encourage you in as we begin our study tonight, it's hold fast to your integrity and maintain your character.  It only takes one small thing. It only takes a little foolishness to spoil. So guard your reputation, resist indiscretions. Now, obviously foolishness will always cause problems to those who engage in it.  When he speaks of folly, by the way, a little folly to one respected for wisdom and honor, the word folly speaks of that one who lacks good sense, judgment or discretion. So a truly wise person is going to maintain the relationship. They're going to make sure that the relationship with the Lord is guarded and they're going to do everything they can to keep their reputation intact. So remember that, hold fast to your integrity and walk with character. Second, verse two, a wise man's heart is at his right hand, but a fool's heart at his left. Interesting, right and left pointing out wisdom and foolishness. It's interesting how the right hand and the left hand are putting contrast. Often the use of the right hand speaks of a place of power and protection and honor. You'll read that term at my right hand and often it speaks of power protection and as mentioned honor. Psalm 16, verse eight, for example, I have set the Lord always before me because he is at my right hand, I shall not be moved. Hebrews one, verse 13, reads to which of the angels has he ever said, sit at my right hand till I make your enemies your footstools. So the right hand is place of honor protection. It's a place of power. Jesus is seated at the right hand of God and that's the picture there. When you read that, that he's really in a place of honor and of power. So he's saying the wise man's understanding and his wisdom is always with him and it's there to be used whenever it's needed, but the fool's understanding is never effective and what he understands to be true never affects his life to the positive. It doesn't change the way that he lives. Now someone asks why is one person wise and the other person foolish? Well, the answer lies in the inclinations of the heart. Again, notice verse 2, a wise man's heart is at his right hand, but a fool's heart at his left. So wisdom and foolishness are the inclinations of the person's heart. In Scripture, when you see the word heart, well, the heart represents more than that organ that keeps us alive. In America, we've adopted the image of the heart as being a place of emotion. So we'll say to somebody, I love you with all of my heart. So we use that phrase to speak about the entirety of our emotion, but that's not how it is in the Jewish faith. The heart represents the center of a person's being. It represents his origin of thought, the words and his deeds. It's a center of his being. In Matthew 12 verses 33 through 35, Jesus said it like this. He said, either make the tree good and its fruit good, or else make the tree bad and its fruit bad, for a tree is known by its fruit. Then he went on in a very flattering way to speak to those who were listening, and he said, brood of vipers, how can you, being evil, speak good things? For out of the abundance of the heart, the mouth speaks. And he goes on to say, a good man out of the good treasure of his heart brings forth good things.  And so he's not speaking of the emotions. He's speaking of his thoughts, his words, his activities, and he's saying it all originates from deep within. So Solomon says, a wise man heart is at his right hand, a fool's heart is at his left. Again, the right hand representing honor and authority, and the left, weakness and rejection. Now, weakness and rejection. Well, we see that illustrated in Matthew 25 verse 41 where it says there that he will say to those on the left hand, depart from me, you curse it into the everlasting fire prepared for the devil and his angels. So the right hand is a place of honor and power and authority. Jesus seated at the right hand of the Father. The left hand represents judgment and rejection.  So does a little folly to one respected for wisdom and honor. A wise man's heart is at his right hand, a fool's heart at his left. And so it simply speaks concerning the way that he lives. So we're to be careful. And we're especially because it speaks of inclination of the heart. And this will be an indendum to that. We are especially to be very wise concerning who we allow to bring influence into our lives. We need to be aware that there are distractions that influence us to actually go instead of going off to the right. As he says, we actually can go to the left. And that's why in Proverbs 423 we read above all guard your heart for it is the wellspring of life. Be very careful what you allow to influence you because the inclinations of the heart determine the path that you take. And so again, a wise man's heart is at his right hand, a fool's heart at his left.  I don't know why, but I grew up, it came to me just as I'm reading this. I grew up watching Disney cartoons. I wonder if any of you did Disney cartoons. And for some reason I just thought of Goofy. You remember Goofy? And when he would walk in the cartoons, when you'd see him walk, you'd always go, And that came to mind because that's what I'm seeing here. I'm seeing that even when a fool walks along the way, he lacks wisdom. You can almost picture Goofy. And that's kind of the picture you have right there. Now you can remove that from your memory if you'd like, but that's what I started thinking of. So since the fool doesn't cherish wisdom, he gravitates towards dishonor. And in gravitating towards dishonor, he ends up falling into sin, difficulty, and trouble. And that's what happens. His chosen path, his way of life reveals itself to be without wisdom.  Proverbs 20 verse 11, even a child is known by his deeds, whether what he does is pure and right. So you're going to be known by your actions, your activities. And it's not wrong for you to be able to observe and to make determinations as to whether or not somebody is speaking truth. You simply watch the way they live. If somebody's telling me the gospel of Jesus Christ transforms life, a life, and yet their lives aren't transformed, I have a good reason to wonder whether or not they've embraced the message they're giving to me. You're known by the way you live. You're known by the activity of your life. And so if somebody's embraced the truth, they ought to walk in truth. And if they've embraced the gospel of love, they ought to walk in love. And if they have embraced the gospel of peace, then they ought to live at peace with others. If they've embraced the gospel of hope, then their life ought to be demonstrating the hope that they have in Christ. You see? It's all demonstrated by the way you live. There are a lot of people who say, I'm a Christian, and there's a lot of cultural Christians today. They're Christian because they aren't Muslim. They're Christian because they're not a Buddhist. They're Christian because they were raised in a home where the parents went to church. And they'll say, I'm a Christian.  They don't live that way. There's no judgment on them. It's just a fact.  No, we're not judges, but we are fruit inspectors. And you can see what kind of fruit is being borne by their lifestyle. Jesus already said that you can have good fruit or you can have evil fruit, but a bad tree cannot produce good fruit.  They're not consistent in the things that they say they have embraced. Then by their lives, they're demonstrating their lack of faith, not their true faith. And so we have to be aware of those things.  Verse four, if the spirit of the ruler rises against you, don't leave your post. For conciliation pacifies great offenses. When you walk in wisdom, there are times when you encounter obstacles, and that can happen when someone in authority over you gets angry with you. And your initial response may be to simply quit your job or abandon your post because they got upset. Well Solomon counsels against this kind of quick decision. He counsels us not to respond rashly and to try to bring peace to the situation. In Proverbs 25, verse 15, through patience a ruler can be persuaded. A gentle tongue can break a bone. In Proverbs 15, one, a gentle answer turns away wrath, but harsh words stir up anger.  And so if the spirit of the ruler rises against you, don't leave your post for conciliation pacifies great offenses. Go and reconcile and do whatever you need to do to be reconciled with that individual. Verse five, there's an evil I have seen under the sun as an error proceeding from the ruler. Folly is setting great dignity while the rich sit in a lowly place. I've seen servants on horses while princes walk on the ground like servants. Now a moment before Solomon was speaking about a hot tempered ruler, and now he uses the example of weak and unwise leader. Notice in verse five how he says there's an evil I've seen under the sun as an error, he says, proceeding from that ruler. Now when he says it's an error, that word error is a mistake, a mistake that comes through negligence or accident or forgetfulness, and he's saying it occurs unintentionally. It's an error, it's an evil, but it's come through error. So it occurs unintentionally, but it has serious repercussions. What makes it serious is that it's an error that proceeded from the ruler. So this ruler is one with authority. He ultimately affects the entire organization. The error is folly set in great dignity while the rich sit in lowly places. Receiving advice from the foolish brings disastrous results. Proverbs 15.7 says the lips of the wise disperse knowledge the heart of the fool does not do so. It's interesting how he's contrasting a fool with that one who is rich. Because the word rich speaks of the one who is prosperous, he's wealthy. And often in the Old Testament wealth is equated with blessings from God and would infer wisdom. In Psalm 112 verses 1 through 3 it says praise the Lord. Blessed is the man who fears the Lord who delights greatly in his commandments. His descendants will be mighty on earth, the generation of the upright will be blessed. And he goes on to say wealth and riches will be in his house and his righteousness endures forever. And so he's speaking concerning proper honor. And he's saying what I've seen and it starts from the ruler is folly is set in great dignity. Those who don't deserve the place have been given the place. And then he says that the rich sit in lowly places. The one who had really more deserving was more deserving of that honor is in a place that he shouldn't be in. He says I see somebody who didn't deserve being exalted. And I see another person who fully deserves having that place not being in the right place is in the lowest place. And then he goes on and says I've seen servants on horses. Well, princes walk on the ground like servants. And so he goes on and he says I've seen servants on horses. And you need to remember during this day and it may be something that you might not be aware of but not everybody rode horses. The rich normally were those who would proceed on horses and all. So when he speaks about servants on horses he's speaking about a person who's actually not worthy of this badge of honor because riding upon a horse was a badge of honor because it revealed dignity and value. So he's saying servants aren't regarded in that way and therefore they're unworthy of this kind of honor. So the righteous should be placed in positions of honor, not the foolish. He says and this is come straight out of the way some rulers have run the show. They have put people who didn't deserve to be in a position. They've put them in that position when those who deserve to be in that position have not been. And that happens all the time to this day. That's a very practical thought because you may be working hard on the job. You may be honest. You may be on time. You stay late when necessary. Somebody has to work on a Saturday. Put in some overtime on a Sunday. You're there for them at a great expense. At a great expense to yourself sometimes. At a great expense to your family. And there's somebody else who's goofing off constantly. And you know that. You don't rat him out. You don't go and tell the boss. But you know that this guy's, you know, he's supposed to be unloading the truck but you walked into the truck and you see him asleep behind one of the boxes and all. And so you do the work for him to make sure that the work is done and you're an honorable worker and what happens? Well, this guy who really doesn't deserve the position is placed in a place of authority. Well, you are not. That happens all the time. And that's what he's saying. He said, I have seen an error that proceeds from the ruler. I've seen bad leadership where they make bad choices in placing people in positions of honor who did not deserve it. And so it's a simple observation that is true to this day. Verse 8. He who digs a pit will fall into it. Whoever breaks through a wall will be bitten by a serpent. He who quarries stones may be hurt by them. He who splits wood may be endangered by it. And so he who digs a pit will fall into it. Ultimately a person reaps what they sow. And here's something to keep in mind even if it takes a lifetime. Sometimes you may see somebody do something and seem to get away with it. And you may be like me. In the past I've done this and I'm not immune from it to this day. Where I see something that was really wrong. And I'll go to the Lord and say, Lord, I have a few questions to ask of you. Why don't you kill them right now? I would, you know. Why are you allowing this to take place? Why do they get away with it? Why do they lie? They're lying. And Lord, they just, you know, he says they have a charmed life. It's like, they never pay the price. Why do you allow them?  Say, Lord, I can't even do anything without getting busted. This guy, I don't get it. You ever think that? I have. How do they get away with it? And here's the simple answer. They don't. Sometimes the Lord is simply patient with them, giving them space to repent. He gives them time, enough rope to eventually draw them back. Not necessarily hang themselves, but to draw them back. And sometimes the Lord seems to do that. And again, as you, as you walk with the Lord for a while and as you grow older in him, you begin to see that he doesn't forget. But a lot of times he shows mercy, extends it and extends grace to people because he ultimately brings them back. And one of the other things I've discovered about that is the things that they did in that time are things that very often in a sense will, and I don't know how to say this properly, but in a sense of the things that they have to deal with later on in the pain that they feel over what they've done. I used to tell my kids when they were growing up, I used to say, if there's anything I don't want you to have, I don't want you to have my kind of testimony. I don't want you to have my kind of testimony. I'm trying to raise you in a way so that you don't. I don't want you to have the pain that I still wake up and live with. I don't want you to have memories that I still deal with, those kinds of things. I don't want you to have those. I want you to have a better life, to live a better life than I did. Because sometimes you may hear somebody giving their testimony and you may even say to yourself, man, now that's a testimony. I don't have a testimony like that. I was raised in the church. I didn't do much that was really wrong. I met someone, got married, I had my kids, but I don't have a testimony. Nobody's asked me to go on Christian TV and say, oh, this is what I was. I watched this guy, I beat this guy to death, I shot this guy here, and that's when I was three years old. I got worse as I got older, and you listen to these testimonies, right? And you say, these are amazing. This guy was a sinner, this woman was something else.  That's how I wanted to raise my kids so that they'd understand that the saving grace and the keeping grace, the keeping grace is just as wonderful in so many ways as the saving grace. I wanted them to be kept from the things I experienced because you know what happens is you may come back to the Lord or come to the Lord later, but there are things in you that you do have to deal with. Memories that you have to put under the blood even every day to say, Lord, you know, Lord, you know. And I'll be honest with you, and I wake up many mornings and the first thing I have to do is say, thank you, God, for your grace that has covered that because my memory is provoked in the morning sometimes to remember some evil thing I did. And I'll wake up and I'll say, God, it's been almost 48 years. Why do I remember being such a creep? Why do I remember? And I finally have come to embrace the reality of that because it keeps me close to the grace of God. And it reminds me daily of his mercy. I mean renewed every morning as I wake up and I say, oh, thank you for your mercy, God. Thank you for your grace. But that doesn't mean that if you're young now that you should add to all the things he forgave you of, do more so that his grace extends even further. God's grace wasn't given to us so we could continue in sin but to give a strength to avoid it. And we need to remember that and we need to understand that. You see, ultimately what happens is you do reap what you have been sowing. And in Proverbs 26-27 it says, whoever digs a pit will fall into it. He who rolls a stone will have it roll back on him. Job 4 verse 8 reads, my experience shows that those who plant trouble and cultivate evil will harvest the same. And so he who digs a pit will fall into it. Whoever breaks through a wall will be bitten by a serpent. He who quarries stones may be hurt by them. He who splits wood may be endangered by it. I've never split wood but I've seen others who have and they take that axe and they hit that wood and that's the picture here. When the axe splits the wood it may splinter and the splinters could harm them and that's the point that he's making there. He's saying these are things that actually have repercussions and so there will be repercussions for actions that have been taken. In verse 10, if the axe is dull and one does not sharpen the edge then he must use more strength. Wisdom brings success. Success is the fruit of wise preparation. You should sharpen the axe before you use it because when you do it cuts easily. So the point he's making is why make things more difficult? Save yourself wear and tear. Verse 11, a serpent may bite when it's not charmed. The babbler is no different. Hmm, serpent being charmed. During the time of Solomon's snake charmers were common. They were entertainers. It's interesting that those who charm snakes are mentioned in other places. For example, the Psalmist in Psalm 58 verses 3 through 5, listen to what he writes. He says, even from birth the wicked go astray. From the womb they are wayward and speak lies. Their venom is like the venom of a snake, like a cobra that has stopped its ears and will not heed the tune of the charmer. However skillful the enchanter may be. And so have you ever seen people's charm snakes? Have you? How many have you seen? I was in India and when I was in India they have these guys with cobras and they have these baskets and they'll take the lid off and then the guys there with a flute and he starts, you know, he shakes, he actually hits the basket and I saw it, I was about a mile away but I watched it. No, with binoculars. Wow, no. And he'll hit the basket and he has this lute and then the basket, the snake, a cobra will come out and it's real. I mean now some of them take the teeth out of them and during the time of Solomon they would do this and the snake would come out and he was speaking of a snake charmer and it's a charmer who is controlling the snake. Well, here's something interesting, I looked this up. Snakes pick up sound waves through the bone structure of their heads and so what causes them to be charmed isn't necessarily the music, you know, because if you listen to that music it doesn't charm me, it's the movement and you'll see that with snake charmer he'll have that little flute and he moves the flute like this and the snake is picking up the vibrations of the sound coming out of that flute and what holds the snake's attention isn't the sound, it's his movement and that's what keeps him from being bitten, it keeps its eye on the movement in front of it. It's not threatened by it, but it's watching it and so we get the impression that that snake has been charmed but Solomon is speaking of a charmer that is failing to control the serpent. Well, what happened? Well, he tried to charm the snake too quickly and he ended up being bitten, that's the point he's making. And not only does the audience not pay him, but he may lose his life. So when he's saying that, he speaks of a babbler and he says the babbler is no different. Now when he says babbler, a babbler is someone who speaks useless words and so a person who speaks useless words is likened to a poisonous snake. That's interesting. Why is that? Well, because his words can be deadly and bring great harm to people. Babblers do, especially when they're false teachers.  Be very careful again who you allow to influence you, especially in the ways of the Lord. Be very careful who you listen to. Use discernment. You can turn on the television almost any time. As a matter of fact, now you can't 24 hours a day with cable and you can find channels that are broadcasting 24 hours a day. There's several stations that do that. If you have cable, you'll see that. They have particular channels and several of them. And for 24 hours a day, if you want it, I mean you could wake up at 3 in the morning and you can't sleep. So you say, I'd like to get a Bible study. You can go downstairs and you can turn on your TV and you can see somebody speak to you for 40 minutes to an hour. But be careful. Be careful who you allow to influence you. I don't listen to quote-unquote Christian TV very often. Very seldom. There are very few people that I'll actually watch even for a few minutes. There are some, but very few. Why is that? Because a huge amount are just babbling.  Because a few, very few of them actually are teaching through the word of God. Very few are actually opening up the Bible saying, turn to this page. I mean there's one well-known person who will stand holding his Bible and say, this is my Bible, repeat after me. They give an oath to the things they all believe together. And that's the last time he actually quotes from the scripture. It's interesting to me, but that's true. He'll use the scripture out of context every once in a while. He entertained you for 40 minutes. Thousands of people come and listen to him. But anybody who knows scripture will listen and say, but that's not accurate. That's not scripturally true. Those things are air. I've seen guys who are very entertaining. They really are. I've seen them lay on the ground and crawl across. And Moses was in the wilderness. And you see him just crawling towards a glass of water. And very entertaining. Very, and they'd say, why, my, my, my, my? How entertaining. But that's not what that scripture says. So how in the world can you justify that? I call them babblers. The scripture does too. They're saying many words that really are useless. They're really are useless. They're not helping you spiritually. But what has happened today, if you don't mind, I'll say this quickly. But what has happened in the church today is a tragedy in that many people will go to hear somebody speak and they don't ever really check the sources. They don't check whether that's true. They don't have time in the word. Sometimes the only time their Bible is open is in the church service. And then they put it, close it and put it on a shelf for another week. Then they open it up again. But they had not read that. They did not read that book one time during the rest of the week. And they're susceptible to deception. And so snake charmers are dangerous, but so are babblers.  They're actually dangerous. So be very careful. And how can we be protected from this? Well, through discipline and through patience. Because those two attributes are those of a successful snake charmer so don't be gullible. Don't believe everything that is said. You know, we have charmers today on the Internet all the time, so be aware of that. In Proverbs 14 verse 15 it reads, The simple believes every word, but the prudent considers well his steps. So be careful. Verse 12, the words of a wise man's mouth are gracious.  So Solomon begins to share concerning the speech of fools in comparison to the wise. In contrast to the babbler whose words harm, the words of the wise will bless you. Notice he points out that a wise man's word are gracious. The word gracious is a Hebrew word that means producing favor.  In Proverbs 16 verse 24, pleasant words are like a honeycomb, sweetness to the soul, and health to the bones. But on the other hand the lips of a fool swallow him, he says. When he says swallow him, that's a picture of destruction. So ultimately he will pay the price for the things that he said. In Proverbs 18 verse 7, a fool's mouth is his undoing.  So unbelievers only have unprofitable words because their words are not filled with the grace of God. So be aware of that.  That's an interesting thing, raving madness. From start to finish, the fool's words make absolutely no sense. This sounds cruel, I know. Even as I'm saying this, I'm thinking, boy, this sounds judgmental. But anyway, years ago I was watching Christian TV and there was a man who was saying, and I'm paraphrasing but very close to what he was saying. He said this. He said, you may not believe this. He was real dramatic. The louder you yell and the more active you get, the more believable you are. So he says, you may not believe this, but I cast and he said, and it may go against your theology. When you say that to me, we're going to listen and it may go against your theology but I cast a demon out of myself and I was sitting there and I say, no, you didn't.  You got to be kidding me. I cast a demon out of myself.  I could tell you where to look it up. I can tell you who said it. I just don't feel like it. But this one fellow said that he was so filled with the spirit that he stepped off the platform and hovered, hovered and then stepped back without gravity itself was suspended because he was so filled with the spirit. We have people today who believe that that gold dust is floating from the ceiling upon them during worship services. And I'm thinking, well, if it is, you ought to scrape it up and go cash it in, man. Why are you asking for an offering from me? There was another guy who was sending out. This is all true stories. I'm not making this up. This other guy was sending out wallets that were guaranteed to never be empty. He said, just send some money to my ministry. I will send you this blessed wallet. And I guarantee it is never going to be empty of money.  Why are you asking me to send you money to use one of your wallets? I also was sent, I had a prayer mat, a prayer mat and had a picture of four angels. It was paper, but it had four angels with trumpets at the edges of all four edges. And the instructions that came with the prayer mat was for me to kneel in the center, take my wallet out, take the largest bill that I had.   Why are you doing this? But you know what? Believers send money to them. They do. They take out their little wallet.  There's a guy on TV. I won't use his name. Another one. All of these are different. And this guy was calling out miracles and he'd say, Elaine? And he'd do this. I saw him do it more than once. Elaine? Elaine? She's off here to the right. Elaine? Then some woman, Elaine. And he says, you have a, you have a, what is that? What is that? A bad heart. You have a bad heart. Elaine? Are you here?  That's me. Yeah. Your husband's name is Dwayne and you live in such a, she's crying. He said, God is, and he does, they always raise their voice for some reason. And it turns out that he was wearing an earpiece and his wife was reading prayer requests and she had written her request and she was just saying, her name is Elaine. She's seated to your right. Her husband's name is Dwayne. She's got a heart problem. And that's what he was doing. Now, I found out where the guy lived before this happened, before this happened.  And I saw you on TV and I'm wanting you to know that God is going to deal with you for the lies that you are saying to his children because what you're doing is bringing dishonor to the name of Jesus Christ. And as a brother who loves the Lord and cares about you, I'm telling you, repent because you will be exposed. He didn't repent, but a man by the name of the amazing Randy who was out there who liked to reveal charlatans exposed him. He exposed him and it was within just two, three months or so after I had written that letter of warning to him, you will be exposed. And everything blew up in his face, but guess what? He went back on TV and you can still see him. He's still doing the same kind of thing, maybe more sophisticated, the same kind of thing. You need to have discernment. You need to be in the Word of God. You need to be aware because, like he's saying, from start to finish a fool's words make absolutely no sense. The longer he talks, the crazier it becomes. The end of his talk is raving madness.  Who can tell him what will be after him? And so, the fool he says has a great number of words he desires to speak, but even though he says a lot, he's really saying nothing. Proverbs 10, 19, in the multitude of words sin is not lacking. He who restrains his lips is wise. There are those who consider themselves the greatest living experts on everything, but one of the Psalms that the Lord gave to me is Psalm 141 verse 3, said a guard, oh Lord, over my mouth, keep watch over the door of my lips. You know, you should be using few words, not many. Notice how he says, no man knows what is to be, who can tell him what will be after him. In other words, the fool thinks he knows what will happen in the future, but in reality he doesn't. He may try to predict trends in culture, he may speak concerning a stock market, even the world, but only God actually knows the future. We saw in Ecclesiastes 8 verse 7 that man does not know what will happen, so who can tell him when it will occur, and so only God actually knows the future. Verse 15, the laborer of fools worries them, for they do not even know how to go to the city. The fool works hard, but he never gets anywhere. He doesn't even have the wisdom to get to the city. Something that's standing that's very conspicuous that's there, he can't even find his way to the city, it's just another way of saying, he doesn't know where he's going. And then he goes on to say this. Verse 16, What would you, O land, when your king is a child? Your princes feast in the morning. Blessed are you, O land, when your king is the son of nobles, and your princes feast at the proper time for strength, and not for drunkenness. Because of laziness, building decays, and through idleness of hands, the house leaks. A feast is made for laughter. Wine makes merry. Money answers everything.  Do not curse the rich, even in your bedroom. A bird of the air may carry your voice. A bird in flight may tell the matter. Let's look at this in close with these verses. Solomon is speaking of those who work under authority, the authority of foolish rulers. He's spoken of them already in verses 5 through 7, those who are the foolish rulers, but now he's writing concerning those who work for one of those rulers. And he's starting to give us the characteristics of a foolish ruler, somebody who is full in authority. And we're going to look at that in detail to us. Notice in verse 16 how he says, Your prince's feast in the morning. And what they're doing is they're using, basically they're using public funds for parties for themselves. Your prince's feast in the morning. They're using public funds for parties. Instead of self-sacrifice, they think that life is a big party and if it isn't fun, they don't want to do it. He's talking about self-indulgent leaders. So he says first, they are undisciplined and they are unmotivated party animals. He says they are unqualified, they are inexperienced, they are self-centered, and they are immature. That's what he's saying when he says your king is a child. He's saying that these men are really just undisciplined, immature, self-centered people. He says in verse 18 because of laziness, the building decays and through idleness of hands, the house leaks.  Because of their incompetence and neglect, everything around them begins to look trashed. It's not because of use, but it's the result of indifference and a lack of concern. These people who are self-centered and doing things for themselves don't really care about the people they're supposed to be caring about. When he says because in verse 18 of laziness, the building decays through idleness of hands, the house leaks, he's simply saying things are going without repair. We can look in today and see the same kind of thing and we will for a moment how that public funds sometimes are used for private use by politicians. We know that, I'm not saying anything and it goes for both Republicans and Democrats. It's across the board. They have money and they use it for themselves and you may see the roads around your neighborhood that are in disrepair but the money isn't being spent on repairing or you'll see you know taxes that are levy and a lot of people vote for these taxes which I've often wondered why we do but we do we vote for the taxes and say I'm willing to pay more money for my gas because you're going to fix the road that you promised to fix four years ago that you promised to fix eight years ago oh by the way that somebody 12 years ago promised to fix but now we're going to have those roads fixed because you promised it again I'm so stupid I don't remember thank you very much it's a little goofy going on up here but it's true but it's true we don't really think aren't those the promises that we've heard every election year aren't those the things that are always said and wait a minute didn't I vote for you to correct that last time and you haven't yet and when I ask you why you haven't you say it's very difficult and you've been saying that for 32 years and you're now going to get your pension and I still haven't seen that park repaired I still haven't seen those roads repaired those bridges are still in disrepair and they always say the same things they all do I'm going to fight for you I'm on your side now you're on your own side and that's I have to tell you talk politics Pastor David what is a king person in authority what is he saying a bad ruler does rules incompetently uses public funds for his own well-being it's not new you find this in Scripture he's saying watch out because a good ruler cares about the people and actually does something for him and the self-serving one will say to you well I really believe in term limits and then there are no term limits why because they live off of your tax dollars and there is no incentive for them to vote for anything that will take from them their retirement or their insurance and a lot of times these people might as well go over there here we are sometimes these people don't even live in the districts that they represent they live in poor areas they're represented by the people where they have a home but they use government funds to live in a nice and I'm not against living in nice neighborhoods would to God everybody had one I'm not opposed to that I don't have some kind of envy over that would to God every person lived in a safe neighborhood of course but when you represent a neighborhood that you need and you're not amongst the people and you've got all the things they'll never have where's your conscience in all of this where's your heart in all of this when you make promises that you don't keep and then repeat them four years later and the people don't remember one of the advantages to growing older is your memory lengthens and you start going but I remember those promises 30 years ago I remember those promises more than that I've been voting for 50 years and I can look back over that now and I can say all of these promises of all these politicians and very few have kept their promises very few what do they do they feast in the morning they have parties for themselves they let things go they're indifferent they have no concern about it they're big spenders a feast is made for laughter wine makes merry they're big spenders they're indifferent to how the money is spent for them the real fun in life is spending other people's money money he says answers everything money is the answer to all of their problems in other words if you have a problem throw money at it so you have money sent to countries recovering from catastrophes but somehow it's used for bureaucrats personal pleasure they skim the proceeds and buy themselves cars and homes they raise taxes so that we can have a train that nobody's going to use right? I mean that's a fact who's going to take a train to Sacramento who wants to go to Sacramento let alone be on a train they vote themselves raises for them money is the answer to everything it's used for feasting it's used for their wine it's used for buying things when they party they collect more they spend it all and that's all they desire to do there's no sense of budget there's no preparing for the future they don't care in Proverbs 1322 a good man leaves an inheritance to his children's children we ought to be those who budget and care for the future but they don't we're stewards of God's resources so we need to be faithful in all of our finances and therefore we live moderately we do enjoy the fruit of our effort but we're aware of our future and we need to be so and then finally in verse 20 do not curse the king even in your thought do not curse the rich even in your bedroom for a bird of the air may carry your voice a bird in flight may tell the matter this is an old saying some of you have heard it have you ever heard the term a little bird told me this is where you get that from a bird of the air may carry your voice so he said be careful don't even think about cursing the king don't curse the rich even in your bedroom you know you may not respect the person in office but respect the office don't curse the king even in your thought you may not respect the person in office respect the office in the military I learned that prior to going into the military and I'll close very quickly saying this prior to going into the military I was a hippie three months before I went into the army so as I got saved and now I'm serving in the military I had an awful lot of rebellious heart that God had to start purging because I was against authority I I didn't like being told what to do it's very rebellious like a lot of my generation and so now I'm in the military and I have a sergeant telling me what to do and I didn't like it I I didn't like it because very often and I don't say this weirdly it's just true very often I was smarter than the sergeant and so when he's going blah blah blah I'd be looking at him like oh and that's when I began to be broken by the Lord and I began to be taught in the military and I brought that into my life that you may not respect the person who holds the position but you respect the position I may not have liked that sergeant that captain or whomever but I was yielding not to him personally but to the position he held I was actually yielding to proper authority though I may not care for the person wielding it and that's what I brought into my life as a citizen there have been a lot of presidents that I have not respected because they were not worthy of my respect that's a fact but I respect the office I respect the office of the president and that's why I don't speak ill normally of that it's not because I agree with everything or even disagree with everything it's that I have a tendency of respecting the office and so he's saying don't even curse the king in your thought what is he saying he's saying show respect even if you disagree not to become some kind of mindless robot but to be aware that a person in authority has authority and thus he wields it and when he does it right he's representing actually the kingdom how do I know that well Romans 13 verse 1 it's off to the governing authorities there's no authority except that which is from God the authorities that exist have been appointed by God so that's how I can be a citizen live under law and though I may not I do not agree with let's raise some more tax dollars by charging for this and that and taxes and I don't agree with that but I pay my taxes I pay my taxes because that's what I'm supposed to do as a good citizen that's what I do you know and I pray for I pray for those in charge I pray that God will work in them that God will touch them I prayed for every president since I've been a Christian everyone God help Jimmy Carter God help Ronald Reagan God help George Bush the first and later on and you name it Bill Clinton I prayed a lot for him and the and Obama God help us and I pray for Trump God help us all God help us all and I prayed so often Lord in Jesus name I pray that you will grab hold of our president President Trump and Lord touch his heart so that he can be a transformed man seen my all as a beacon for you not because I'm Republican or I hate Democrats but because that would be a great testimony and I pray for that you know and I don't want to be one of those who's always angry at the government what I want to be is a good citizen who's influencing people for the kingdom and that to me is much more important in the end it's because that's the key you know that's true that's true


Hello oscillatorsync here. Today I'm really excited to share with you a brand new patch pack for the Korg monologue which has been released by those fine folks at Korg. This patch pack is maybe a bit different to many other patch packs because it's actually a set of 30 tweakable drum percussion loops for the monologue. Now if you're thinking but the monologue isn't a drum machine then you'd be right but what the monologue does have is a powerful sequencer that you can use to coax exciting and surprising grooves from this wonderful analog mono synth. I've tried to build patches that walk the line between on one hand being miniature songs that might serve as starting points in your own musical explorations and on the other I've tried to make patches that love to be tweaked, altered and processed to turn them into something completely new. So let's take a look at some of the patches and explore some of the fun ways to play with them, tweak them and make them your own. The quickest and arguably most fun way to interact with the patches is just to grab hold of the controls in the monologue and tweak them either to find new sounds and colors or to create dynamic changes in real time. A lot of the controls will do something usable and interesting but don't worry if you stray too far you can always just reload the patch and get back to tweaking. Another way you can tweak the patches is to interact with the sequences themselves. Turning steps on or off whether in notes or motion modes can yield new rhythms and vibes. In a lot of the patches many of the steps are switched off by default but I've programmed some of them in ready to turn back on. Of course there's nothing to stop you from adding new notes to the sequences or changing the ones that are there to better suit your compositions. You can also dig into the motion sequences to see what makes them tick. Check out which parameters have been sequenced in the sequence menu and then program and alter those values on a step by step basis by switching to the motion mode holding down a step and turning the knob. Try replicating the settings on another step if you want to use the same sounds to make a brand new beat. Of course the monologue is a synth that loves external processing so why not try adding reverb or perhaps you want to try a different flavor of distortion. Whether you're using hardware or software plugins processing the patches can open up brand new sonic ideas. Anyway I hope you enjoy using and tweaking these patches as much as I enjoy making them. I really encourage you to explore how you can use the sequencer on the monologue to create beats and rhythms because it's just such an exciting way to get sounds that you'd never arrive at on a conventional drum machine. As always enjoy your synths, take care and I'll see you again soon.


So robot assistive surgery didn't exist 20 years ago. Now we can do, the surgeons can do removal of prostate, they can do hysterectomy. This type of surgery has already proved benefits to patients in terms of reduced hospital stays, less bleeding, and faster recovery. We have developed the teleoperative, a teleoperation system where the surgeon is using small exoskeletons and the exoskeleton can pick up his motion, motion his hands and also the remote side, which is the instrument inside the patient that can follow exactly the motion from the surgeon. So our expertise is design, it is sensing, it is actuation. So we're hoping the exoskeleton is apart from sensing, we can add the haptic element so the surgeon can also feel what is inside the body. So the surgical instrument inside will have an active sensing of the tissue and that sense will be then transferred to the surgeon through the exoskeleton. For us to understand what are the requirements, is often also not enough to hear from surgeons. We really have to see it. We fortunately don't have to do it ourselves, but seeing the procedure as it happens in the operating room is absolutely essential for us to do any development in this area. It could be, let's say in urology, that the robot can help the surgeon to see inside the operating field. The robot can remove the tremor from surgeon's hands for instance to make the movement more precise. The robots can allow the surgeon to move around the operating field better so to access different parts of the body. But one thing that robots have and that surgeons do not necessarily have is that they can work continuously for a long time without getting tired. Not losing precision and not losing any of the faculties that are required from the surgeon. This is where the robotics is not going to replace the surgeon but it will greatly improve what the surgeon is doing and it can enhance surgeon's abilities. He or she can clip the blood vessel, can cut where it has to be cut and can move the bits of the tissue around the surgical field. What we are hoping that we could develop further is articulation of these instruments so that more can be done that the surgeon can almost use like he has his hands inside the body and this articulation can give him a feeling almost as he is using open access surgery. We think that we can provide the sense of touch and this is what is lost almost in every case of robotic assisted minimally invasive surgery so the surgeon cannot touch the operating field and he relies on learning really how this feels when the instruments inside are touching the tissue. We want to do tests on large animals that will follow our basic lab tests because in the lab simulators that can simulate robotic surgery, simulate the patient properly are not commercially available so having this kind of facility to do the testing will make development much faster and obviously working in the real environment or what is really close to the real environment greatly facilitates the research.


The following is a presentation of TFNN the morning markets pick off with your host Tommy O'Brien Good morning everybody. I'm Tommy O'Brien comedy alive from TFNN Tuesday morning Just after 9 a.m. Eastern time We pick up the trading day opening bell in about 24 minutes from right now And you got a pretty calm market all things considered S&Ps right now off by about six points trading right now at 43 77 We were as low as about 43 66 in the overnight session. You see the little bit of an acceleration We just gained about 10 almost 15 points in the last two hours or so getting back to almost flat territory Nasdaq 100 We're positive by 13 points right now trading at 15,000 246 Nasdaq on a seven-day winning streak Dow negative by 79 points right now 34,083 you got the Russell off by five at 1740 crude how about under $80 crude trading with a 78 handle within the last hour or so right now We're trading at $79 on the dot off of buck 82 in the price of crude. Well, those gas prices coming down recently meant Making a drive talked about it yesterday showed some pictures of last week in the Great Smoky Mountains Gatlinburg, Tennessee About a 10 and a half hour ride from Florida about 750 miles doing it both ways in an SUV I put some gas miles on there and yeah those gas pipes couldn't gas pumps couldn't help but pay attention in terms of the prices That those pumps looks like it might can keep going that way for at least right now as you got crude under $79 this morning gold off 17 bucks. How about that pullback in gold was that 1995 just yesterday, man It's been a one-way trip with trading right now at 1971 you made it as low as 1962 the spike on Friday on the jobs number up to 2010 we got to talk about notes and bonds, right a Little bit of higher price lower yield coming at you You get the tenure right now at about 4.62 percent the tenure up by 9 ticks at 107 27 You get the 30 or up by 25 ticks and we've been talking a lot about the tenure We spent some time on it on yesterday's program Keep your eye on that channel line Because it comes back to that upper boundary line in the channel line That's where potentially I'd be looking for a bounce if you get a bounce there What's that gonna mean if you get a bounce that's gonna be talking about higher prices and lower yields And maybe that's what the market's waiting for a little bit of Uncertainty would probably be the best word right now in terms of where yields are gonna go I'm sure you may have seen my dad was talking about it right funds funds were at Record shorts at the lows when you got that acceleration man So everybody a little uncertain of what's going on right now the market digesting a bit the gains that we had I mean you back this up on a 10 day 10 minute chart from 105 15 up to 10825 in the span of about six trading days From two weeks ago on Thursday October 26 and this that the low let's go back 20 days Yeah, pretty much. I'm taking the October 20 What day October 26, that's the day we're looking at so we were a little bit lower the prior week of October 19 But you're talking about a move Yeah from two weeks ago Thursday of 105 and change up more than three points. So market digesting that a bit nonetheless look for a possible re-challenge of That upper boundary line and where is that on the chart by? 10705 something like that almost a full point below where we're trading that right now Now you got to get over the dollar index you see some action in gold, right? You see some action in crude Well, you talk about what a difference that we can make let's put it on a 10 day 10 minute chart There's Friday's action you dive down to a low of a 104 handle and just like that the dollar trading higher pretty remarkable How the dollar and even yields almost getting back to where we were on Friday now a far cry from where we were From chairman Powell though. So there's two things on this chart. I wanted to talk about to kick off the program Okay, keeping track of what this market is paying attention to right now. Let's first go to yields Okay, now Yields For chairman Powell's press conference. I'm zooming in on last Wednesday's action There's a 30. There's 10 o'clock There's your 2 o'clock volatility and there's your 230 press conference where you finally get an acceleration higher in the yields That is last Wednesday Okay Friday things really started accelerating on the heels of back this out the jobs number But what I wanted to bring up here is that the market yesterday gave up the entire acceleration on the jobs number But it hasn't given up anything in terms of what we were doing on the Fed day Okay, even if you take where we were at about 2 o'clock 106 23 the market still a full point higher Still a full point higher on the tenure. That's pointing to lower yields, right? Boy here chairman Powell's words when I heard him talking about the risks of hiking outweighing the risks of runaway inflation It seemed like that was something that he was well aware that the market would pay attention to and just put yourself in his position He now believes and if his assumption is true Then it's a reasonable position. We all make assumptions, right? The Fed is making many assumptions in their effort to live by their mandate which is full employment and stable prices For the longest time on their hiking cycle. They had been most worried about Stability and prices because we had full employment man, right? We had the jolt's number at 11 12 Million we had an unemployment number still in the threes. We still have those okay But we had inflation raging and the risk was always not doing enough the chairman's words The risk was not doing enough than inflation would rage his words. They believe that they are now in a very restrictive policy Okay, they believe that five and a quarter to five point five percent is restricting economic growth which in theory Should bring down inflation because you're bringing down growth Doesn't mean it always happens instantaneously doesn't mean it always happens, but there's definitely legs But if that assumption is true and you have to put yourself in chairman Powell's position because he's making that assumption So he believes it's true And if he believes it's true that they are in a restrictive policy rate that is going to over time Even with some lag bring down inflation as it has from the peak then. What's the rush? What's the rush in hiking again? We would have to see some pretty substantial data. I think to have them hike again on the heels of Friday's job number They're always going to be looking at the totality of the data coming in and they are now in the position That they believe that with time on their side as long as things They don't get too out of whack with inflation, which it doesn't seem that it is at least as of the data right now We time on their side they believe they're in a restrictive rate policy and Hiking from this point forward poses more risks to Full employment, which is one of their mandates Then the risks of not hiking poses to runaway inflation The market paid attention to that and I'm looking for a possible retest here Maybe you don't get it. Maybe this thing just breaks away and yields drop lower But we will find out and look to that data But they are going to err on the side if possible of not hiking and maybe that's it, you know and remember that They really can't tell you they're done hiking Until they're well past the point that the market Can price that in because the moment that they The moment the gig is up the moment their hand is revealed to bring in some poker terms out there Well the tightening that they've done actually gets untied right yields will drop that will actually make things Unrestricted so that can't happen, right? They need the market to be unaware if they may hike to keep it just where it is right now in a restrictive rate policy But nonetheless, man, we got yields at about four point six two We'll talk a little bit of Fed speak when we get back We'll talk to our man Kevin Hinks as well Stay tuned folks if you're looking for potential trading setups in the stock market Rocket equities and options report is a newsletter. 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They walk you through hypothetical setups folks They're usually talking about three trades during every program all of them talking about options and all of them talking about defined risk And boy Kevin, where do we kick things off man? I was away last week. We haven't shatten in a while We got the Fed we got the jobs number and we got potential with yields pulling back a bit. Good morning, Kevin Good morning Tommy O'Brien. Here's one place to start a week ago Friday We touched forty one oh three on the SMP 500 and now we find ourselves trading around 43 65 and now we've we've come up through the 200-day moving average now We're we close yesterday through the 50-day moving average Tommy So if you're a bull and the in the SMP 500 looking at these markets You're feeling a little good about yourself right now and now we've got a Nasdaq that Started the morning overnight futures lower and now it's up by about a third of a percent It's starting to drag the other indices higher here So what looked like maybe a down open isn't looking so down right now Tommy Yeah, even as you're talking Nasdaq 100 futures popping up almost by 50 and we might get SMP futures positive by the time I finish the sentence basically flat right now I have the chart of the SMP futures up as you were talking about a Kevin and just Volatility man down and up October 17th. We're above 4400 you said it October 27th Inching towards 4100 and we're just right back to 4400. I want to get your take Kevin You've talked about many times. We've talked to you. I've heard you talk about it on fast market that the market May be able to handle these higher rates right that that we've been used to lower rates for some time It looks like it's handling them pretty well right now considering was still at what 4.62 percent something like that on the 10 year We have the SMP at 4400 a lot of talk, of course with chairman Powell last week I wanted to get your take on when you look at chairman Powell you look at the Fed Nobody has the crystal ball of course, but he had some some rhetoric that you know They are at least looking to the fact that the the risks of hiking and what that could do to the economy might begin To outweigh the risks of runaway inflation at this point Are you looking at yields potentially to pull back Kevin? Or is this something when you're looking at equities that you're looking at them regardless of where yields are because you've you've kind of Set at least when you talk about it that equities may be okay regardless of where yields are Or do you think that you're looking for maybe a yield pullback for the the market to head higher? I guess the question is do you think the market can head higher if we stay at these yields? Or is it kind of pricing in a little bit of a pullback on the heels of chairman Powell? Every time it is an old set about winters in Chicago that if it goes to 10-0 for a week Three things well summer right it seemed really warm now We're just really I've the last seven years, but they're not his Realed and the market rallying Tommy and the E-mini's go positive as we're speaking Right now so yeah, I think you know the fact that Yields have come down to 4.6 crude oil below $79 raise your hand if you had that on your prognostication for the market with two wars going on in the world and and crude oil can't hold $80 and Saudi Aramco's Earnings significantly lower than a year ago on how what they said lower prices and lower volume sold so yeah So everything seems cheaper than it was why because it was higher and now all of them are have come down lower So yeah, I think absolutely this market can Find comfort or be very comfortable with rates around 4.6 percent Tommy And it is pretty cool You finally get that pullback because you've talked about it as well market may be a and I'm not putting words in your mouth Kevin, but something to the great degree. I think you know It might be okay with with rising yields, but boy the pace that we got that acceleration up to five percent So maybe a little bit of easing as we pull back to four point four point six something like that market Resiliently strong man at forty four hundred. What did you think of the Apple earnings Kevin last week? I didn't get a chance to chat with you pretty remarkable that it shakes it all off And we're now above where we were coming into those earnings after a spike lower Apple this morning trading at about 179 A couple things in that earnings call that you could find some comfort in which was Apple is projecting fourth quarter earnings to be flat first to a year ago right but There was 14 weeks in the fourth quarter a year ago and only 13 weeks this year and That week count accounts for about seven percent of what it was So I think that you know if you look into the numbers in Apple and look at the guidance going forward it wasn't as bad as we originally thought so because Flat numbers with one less week is pretty solid if you ask me so I think yeah people saw apples weakness and Their overall cash position and thought boy. This is still a very healthy company Tommy And the chart agrees man off of the highs of course of 198 But you back things up in terms of where the market peaked out coming into 2022 you're basically right back at those prices before you had that whole market pullback with the Fed hiking cycle with that in mind Kevin we still got some companies coming out with their earnings this week Do you guys have some equities that you're talking about on a fast market coming up at 12 today? Three really good names today all coming out with the earnings Tommy and the first segment will look at Roblox the Get the game here where you're allowed to make your own games basically Like fully will do presentation on Rivian and all things EVs Rivian coming out with earnings and then in the final segment will do oxy petroleum coming out with earnings And so what does oxy petroleum do with Saudi Aramco's miss and the overall oil market now below $80 So yeah, we got some good topics to talk about today Tommy Boy and I had my charts on a three-year weekly Kevin as I was jumping through some of those equities and boy Roblox You take a look and I tell you we play the kids in my household Kevin. They like Roblox They like Minecraft. I think it is Minecraft I think it's a private company Roblox not the case man public well off the highs of 141 We're trading at 33 85 Kevin. I appreciate the time as always on a busy morning We look forward to the program fast market at 12 today and we'll talk to you tomorrow, man Thanks, we have me on Tommy. Have a great day you too folks. Check it out. You heard it talking three great stocks, man And yeah Roblox, uh, so Roblox and Minecraft man. It's amazing. I was talking to the kids just yesterday saying do I'm gonna date myself here. Do you remember sim city folks now? It's called sims. They still got the game out um Is it known by microsoft? Okay, even better, uh Sim city do you guys remember that sim city? I'm trying to remember I was probably 1415 16 pretty cool My dad was in he was a travel agent at the time. So he has travel agency. Maybe that's 12. Yeah, I had to be 12 Yeah, I was like 12 or 13 and We had we had basically a land network because he had his office out of the garage He had multiple computers with employees there And it was the early stages where because he had an office in the home We actually had a land network with multiple computers set up And that was the first time that you could play games against each other almost online Remotely by sitting at different computers. I mean we do that now on our phone anytime we want But I remember playing those games and and realizing, you know, it's pretty amazing how that technology flies But sim city almost like you're building as a kid, right? Either way different games now roblox. All right, folks S&P's basically flat. We're coming back for the open. Stay tuned Currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe Which is why it's a great time to try out teddy keg stats tiger 4x report Teddy keg stat breaks down the 4x markets every monday using his 30 plus years of experience as a trading veteran of futures 4x stocks and options Teddy releases his weekly tiger 4x 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 4x markets tremendously when you sign up for the tiger 4x report You also gain instant access to teddy 60 minute webinar archive. 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Introducing tom obryan's award-winning newsletter market insights your key to successful active trading tom obryan renowned for his expertise in the Financial markets has designed market insights to be your daily guide to profitable trades tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted Stay ahead of the game with tom's real-time analysis and trade recommendations delivered straight to your inbox Whether you're a season trader or just starting out market insights provides the edge you need to navigate the markets with confidence Ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today Don't miss out on this opportunity to supercharge your trading results Market insights comes with a 30 day money back guarantee for all new subscribers So you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn dot com right now to join the thousands of traders who have already experienced the power of tom obryan's award-winning newsletter market insights firsthand tfnn educating investors 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 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 And become the investor you were born to be tfnn educating investors Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv Welcome back folks apologies there had a little bit of a sneeze in the break We got the s and p's open up basically negative by one point right now We'll call it flat 43 84 nasdaq 100 positive by 52 points check out the s and p in a weekly basis right now first of all How about that area confidence man, you know quite a bounce we got it We were talking about it back at almost 4400 when you got an acceleration that area of confidence Okay is The 618 We'll do it up right now Let's put it on your charts folks because maybe it's an area we come back to or maybe that was the test It's the 618 of the one-way trip from march the trend from march up to the highs of july And that coincides with the spike low of 3502 Up to those same highs of 4600 and change bringing it to the 382 You combine the 382 and the 618 that gives you that area of confidence Which is about 4140 to 4200 well What'd you get to 4122 within 18 points of the lower boundary line of that confidence area? You've now spiked to 4380 Excuse me. I bring it up though because on a tally basis now. That's why Excuse me. I wanted to put it on a weekly basis Gotta get all these drawings. They get too confusing Here let me put that on a weekly see if we open things up. Nope still too much action What I wanted to highlight so there's the area of confidence that correlates Is man, what a weekly acceleration we have that's quite a weekly bar The thing to remember though Is if you just go back to the the accelerations we've had even in pullbacks folks you boy You get some steep accelerations and what I'm in terms of look at some of the weekly bars march of 2022 sticks out the most Now that was a time like none other because that was when the fed began their hiking cycle Right, you traded lower from 4800 down to 4200 the head began the fed began their hiking cycle You got a relief rally before the market really fell out a bit Just be aware that even on strong weeks like that Okay, and listen i'm talking about that. Maybe we get the reversal of yields Okay, we're at 107 30 I don't even know if we're going to get the pullback man because we're seeing higher prices right now You got to make it to that bar to get a test of that that line And this is kind of tying in if you were listening to the program yesterday I spent part of the program talking about the mentality of when risking money and Potentially shifting how you think about things and the way I like to look at it in one aspect Is you look at something and say am I am I losing money by not making that trade because that's the way you should look at it Is it a scenario where in the long run? I think i'm missing out on profits By not putting money at risk right now versus saying to yourself. Do I have a shot at profit To put some money at risk because you always have a chance of profits. Okay, that's the deal It's just what's the probability in the long term The point being is could you go long? Fixed income right here. Of course you could okay, of course you could But I would like to wait for a retest to that channel line. Okay. I'd like to wait on a pullback From when we were at 105 27 up to 108 25 almost a three-point acceleration I'd like to see a little bit of a pullback now where things get interesting is Let's put things on an hourly Okay, and let's just go from the acceleration we had Which was basically last week. Okay. There's wednesdays fed day There's friday's jobs number as I mentioned you gave the whole jobs number up. Okay But backing things out just on a Fibonacci basis. Let's see what type of a pullback we correlate to Now here's what's cool This trend line is going down to the right If it takes long enough Maybe we'll get a pullback to about the 107 price point, which would also be a 618 pullback Of the move higher now in my opinion, that's a much nicer setup than just buying them right here You could have bought them right here too. Where do you buy them? Well, that's what I'm talking about when you say, you know what? It's hitting the line. It's a possible test. It's back to a 618. That's a scenario that in the long run I really like maybe I'm missing out on some profits by not putting a little money at risk set my stop underneath it Okay, because guess what folks the data is going to determine everything And yes, there's a very real chance that the data determines that inflation is not under control And the Fed needs to hike even further to make sure we get things under control however Combining what the chairman said combining where yields are combining that we basically hit 5% on the 10 year We've now pulled back to almost 4.6 Okay I am looking for an ideal setup for potentially that 10 year coming back To test the channel line brings you back to a 618 of the trend we had from last week And then possibly what do we get and then maybe there's the buy a note to our man bud ross love bud ross Miss him tremendously. He was the channel master tfnn folks And boy so often right you break out of the channel. That's not the buy. What's the buy the buy is the retest Well, let's see if we get a retest right on a daily you got no test at all That was a solid break out of that channel now. We've pulled back a bit Uh, the interesting thing though is when you do put it on a 10 minute chart This is a daily going back though. So I I like to keep it on the daily here You did break out barely But this channel is so well defined for a period of What six months now That on a daily basis I would like to see that get retest and you've seen we've broken out of it broken out of it before And what happened you came down to the test? Nope and blew right through that line And that was went trading from 110 31 almost 111 To 105 Always put your stops in place folks if you go back to where we were on september 1st And I told you that the yield on the 10 year was going to rise to above 5 percent Within two months. What would you have told me? What kind of money would you have put in place? Yeah, it would have meant a rich one to put it lately. What do we got here? Making sure I don't Okay Okay Where are we jumping to next? Well, let's jump to mr. Kashkari. So he was out there on Bloomberg this morning And this is kind of where And we talked about poker yesterday and they were talking about game theory gto game theory optimal play. Okay The game theory of being a fed official Is to be As hawkish as possible in this scenario because you don't need to hike if the market thinks you're gonna hike That's the best part of it, right? And So it makes sense that there should be some strong rhetoric Which can make sure that the market doesn't ease conditions That actually undo some of the tightening in place. So that makes sense. So so remember that in terms of The messaging versus what actually is going to happen If inflation rolls over and we really get weakness in the economy We've got to get inflation down. That's the number one thing Well, here's what I found myself thinking as I was listening to this this morning and reading through it Chairman Powell said that the risks now outweigh Are greater in hiking than the risks in not hiking He doesn't think it's the number one thing, right? These are the just the way I'm thinking about it Now that is uh, austin ghoulsby. Excuse me saying this is we have two fed officials We're going to get to kashgari. That was ghoulsby. I'm absolutely hammering. That's what we should be watching Of course, that's what we should be watching, right? But we should also be watching a weak economy We should be watching some weak job gains in the market last for the month of October 150,000 jobs added but you had revisions of 100,000 plus. So that all ties in Kashgari Ultimately the economy will tell us how much is needed to get there. That's an obvious statement uh They need to bring down bring prices down in api's We get back folks. Stay tuned. We'll be back in three minutes Tires every tuesday and thursday tim or joins the tom o brian show to share his unique insight that he's developed over decades of trading Now on tuesday november 7th from 4 p.m. To 5 30 p.m. Eastern time tim ord will be hosting his own live webinar Tim's analysis has been outperforming market returns but almost double and his gold analysis is on track to be a winner as well Tim will be delving into six secret ratios that every trader should know In this webinar, tim will be covering the daily tlt vix the daily and weekly spy vix the american association of individual Investors bull bear ratios and the trend panic levels Tim will break down each ratio how it is calculated its importance and how it can help you make bigger returns It's as simple as this learn the ratios trade by them and see your returns That's it. Is it the front page of tfnn.com today to sign up now 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.com The opening call newsletter is written by basal 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 and stock prices Get the opening call newsletter by basal chapman and 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.com educating investors Will the s&p 500 continue to climb for bold trades on us large cap stocks in either direction trade spxl sp u u or sp x s directions daily s&p 500 bull and bear Leveraged etfs direction leveraged etfs an investor should carefully consider a fund's investment objective risks charges and expenses before investing A funds prospectus and summary prospectus contain this and other information about direction shares to obtain a funds prospectus and summary prospectus Call<PHONE_NUMBER> or visit direction investments.com A funds prospectus and summary prospectus should be read carefully before investing An investment in the funds is subject to risk including the possible loss of principal The funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Welcome back folks We got a little bit of weakness to kick off the trading session with the s&p is off by nine points right now NASDAQ 100 hanging on to gains by 20 dow off by 50 points right now.  We check in on crude It's continuing to drop. How about a 78 handle in the price of crude gold contract 1969 we were down to 1962 some volatility on gold if you haven't checked out the gold report folks My dad's weekly newsletter. Check that out. But today Our man tim ord. He's got a webinar coming up tonight from four till 5 30 p.m. Eastern time folks The six secret ratios every trader should know with tim ord 4 p.m. till 5 30 p.m. Eastern time today The ratios he's going to be talking about here the tlt vix The spy vix both of those on a daily the weekly spx vix the daily vvix vix The american association of individual investors bull bear ratio and then your trend panic levels It's 90 minutes. He's going to break down each each ratio Show you how he calculates it show you how to understand it most importantly show you how to trade off it Uh Tim's had some great calls. He's on the program with my dad every Tuesday and thursday I believe he's going to be on the program with him this afternoon prior to the 4 p.m. Eastern time start We get some great sign ups for the webinar. So we should have a good crowd in there as well It's 149 dollars for the 90 minute live webinar with tim talking the six secret ratios every trader should know And that's today at four o'clock. Don't miss it. I plan on being in there. Uh, and it will be archived This is the type of webinar that you're going to want to go over at least More than once at least a couple times, right when you're looking at six different ratios Understanding what they mean It'll always be available on your members page folks Okay, you can watch as many times as you want you buy something like this. It's not recurring. You're not signing up for anything else It's 149 bucks. You get 90 minutes live in there He'll answer questions He'll go over the six of them And that's tonight at four o'clock and don't wait till the last second Okay, because we have to tag you in the tiger's den room just to give you access to the room If you're not in the den, we just have to get you in there That takes only about five minutes or so But don't wait till the end of the day sign up Get your spot reserved and get in there at four o'clock today with tim ward Six secret ratios. I'm looking forward to that one All right, s and p's off by seven right now. We go contract off by 19 We check in on the dollar index right now dollar index trading higher at 105 70 Let's check in on some of the companies with their numbers uber Yeah, kevin had a great trade. I think it was an iron condor yesterday on fast market on uber And what do you want when you're placing an iron condor? You basically want no price movement Because you're absorbing the premium in terms of where this stock can go And you always like to see it moving 60 pennies when you're putting an iron condor on there So they had a great trade. We'll see how that goes throughout the day But uber out with their numbers And uh, let's see. I had that article pulled up. Where are we? Here we are Yeah, so a little bit of a mixed story third quarter results that missed expectations. Okay But revenue for the quarter up 11 percent year of a year 9.3 billion dollars that talk the ceo of course talking about The third quarter was very strong. I think he's on bloomberg this afternoon at 12 or 12 30 So look for some potential volatility on uber as their ceo Gets out there at 12 12 30 with a little bit of a pr spin I'm sure that might not be the only place he's out But that's where he'll be at least at noon eastern time I think on bloomberg at 12 30 potentially earnings They missed by two pennies 10 versus 12 cents. They miss on revenue as well But the market doesn't seem too worried with the reaction Net income of 221 million compared with a net loss of 1.2 billion The company is transitioning to profitability, which the market has liked. I mean check out this acceleration. It's at Look at this right from 19 bucks A little more than a year ago From what 22 bucks last october to beginning of the year at 24 That's a double bagger trained at 48 right now quite the acceleration last week But yeah, that's what happens when a company goes from losing money to making money The very strong third quarter accelerations in the company's gross bookings trips and monthly active platform consumers The platform is seeing the continued benefits of consumer shifting spending from retail to services These results demonstrate that uber continues to drive profitable growth at scale and why we believe we're well positioned for the journey ahead EBITDA of 1.09 billion 576 million year over year Gross bookings up 31 percent year over year and delivery up 18 percent mobility Okay, so mobility gross bookings up 31 percent to 17.9 You know, I've talked about this many times and the uber business model for driving cars for mobility that segment 5.07 billion in revenue The delivery segment 2.93 billion. Okay, they have a free business that books 1.28 billion How about that? Right? I remember when they were starting all this stuff, man There's a big difference right now in my opinion With luxury purchases when it comes to the gig economy I got food delivered on sunday from kfc. Okay, I don't need a lot of kfc They wanted kfc in the household. It was sunday. We had just gotten back from vacation on saturday I did not plan on Going out we were relaxing, right? So that's okay.  Okay, they wanted some mashed potatoes and gravy some chicken mac and cheese for the kids We order it 66 dollars was the total price of a kfc order 66 dollars and i'm telling you Okay, it was a family order But it wasn't anything crazy and i'm talking about kentucky fried chicken When it feels like I should be going to chilies for 66 dollars or something like that, right? What happens food shows up no gravy no gravy and there were like three orders of mashed potatoes Well, that can't happen, right? So I try and contact the driver. No the driver's not picking up He's not picking up. He knows that any customer that calls him back after they drop off a food order That's a problem. So they don't pick it up. So what do I do? I cancel their tip Okay, it wasn't his fault, but he's got to pick up man because 66 bucks I think I tip the guy 20 percent or something like that judge if you want man, okay But that's part of the deal Okay, pick up the phone the order was wrong The whole point we got it was for a bunch of mashed potatoes in the house That's what they wanted with some chicken and some stuff for the kids mac and cheese for the kids It's a long story. Okay, but then what happens? So this is crazy, man What can we do? So I had to place another order and I ordered one order of mashed potatoes And three sides of gravy make sure we had it, right? Okay. Well, the good thing is each of these orders takes about 15 or 20 minutes That's the real deal. So they pick up the second order. They bring it to the house What happens?   Now that was Kentucky Fried Chicken's fault But the service and the inability for it to be wrong to be made right when I'm spending 66 bucks to order kfc Okay, that food delivery business is going to be a tough one, man It's going to be a tough one going forward because people's spending is strained And that is a huge luxury that I feel like people are going to get in their car And go pick it up at like a chipotle drive-thru as opposed to paying for uber eats to deliver that food door dash, etc And you know what you look at the chart of door dash and I don't know. I was going to say it's not as strong But man, that's a double bagger from where it started the year as well But keep that one in mind man, you know, you got to take a car to the airport You take an uber Food delivery though every time I order uber eats, man I just feel like i'm getting taken to the cleaners for lack of a better term. All right folks one more segment Don't forget about tim ward's webinar. We got a three minute break head to the front page of tfn You can sign up by the time i'm back four o'clock today. We got one more segment. Don't go away folks The gold report As a precious metal gold is still king It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market The u.s futures market and the shanghai gold exchange the gold report tom o'brien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xa u hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy cell recommendations The gold report New subscribers get a 30 day money back guarantee so you have nothing to risk subscribe to tom o'brien's gold report newsletter now at tfnn.com You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future right 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 basal 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 basal chapman and 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.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 seven newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader larry pesavento on stocks You need to pay attention to and you can trust larry's analysis After all, he's got 45 years experience as a day trader larry will also provide daily charts videos And data on the key markets that he's tracking expect notifications from larry on market movement You need to act on at any time first time subscribers also get a 30 day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up Subscribe to the fibonacci 24 seven newsletter today tfnn.com educating investors Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv Welcome back folks We get the s&p's off by about five points right now nasdaq 100 the only index in the positive up by 42 points Nasdaq as well, but nasdaq and the positive dowah 46 russell off by nine We jump over to disney shares. So disney out with their numbers tomorrow You're looking at about a five percent move priced into their earnings event in either direction You got about a four dollar and 81 cent move in either direction. You're trading at 84 13 right now We jump to disney in terms of what they have fundamentally going on. They got a new movie the marvels boy, it's interesting to see if uh The world the country or the world has been a little bit exhausted with the marvels 33rd film. Can't believe that I've never really gotten into any of these that much. Um But the disney studio turned its cinematic universe into a series of hollywood blockbusters That have made billions of dollars with the marvels viewer may viewers may finally be fatigued now. This is a sequel to Captain marvel which was in 2019 starring brie larson That made more than a billion dollars at the box office, but the marvels Which comes out november 10th? It's the 33rd film in the marvel cinematic universe mcu is as they call it Opening weekend is expected to pull in less than half of the 153 million in ticket sales captain marvel did It cost 200 million to make Uh, that's gonna be a problem, man They acquired marvel in 2009 for four billion dollars. So yeah, they've made the most of that opportunity um But i've talked about this before if you're looking for some big disney films coming down the line folks You can google it yourself in terms of the movies the production schedule late 2025 almost we're almost in 2024 you push it out to 2005 excuse me 2005 2025 2026 That's where you're getting like two star wars movies in one year one star wars movie the next year Two avatar movies around that time haven't seen a star wars movie I think since 2019 and you're gonna get three of them over the course of about two years in that period of time Fram and guess what? I don't think anyone's going to be tired of star wars when you haven't seen a movie in about four years All right folks. Thanks so much for starting your trading day here.  Thanks so much. Have a great tuesday