And then other weird things start happening and that are not good and then you're like, okay Well, there needs to be a better way Another thing repetition you constantly repeating yourself with CSS and obviously I at some point This just proves the point of why repetition can sometimes not be good because I misspell repetition after the first time and And So that's kind of why sass is really great because you can just use a part of your CSS And then reference it later instead of constantly repeating it over and over and over again, and that can also drive you crazy And then the other thing was oh my god. Where was that button hex color? Where is that freaking button hex color? You can't like figure out how to change it That can be really frustrating to especially if you're like off by like one Number in the hex number you're like searching for that one hex number But it was off just a little bit for whatever reason and then you can't find it in the craziness of your CSS style sheet So yeah, those are some possible hurdles How sass can make your life easier is can make it more organized and it can actually modularize your CSS Like like I was saying you can use things like variables where you just say okay This is like my primary color. It's a variable and then at the very top you reference what that What what that is instead of constantly having to change change all the instances of it? So that's really great with variables off the bat And then also you can use partials But you can have your own style sheet just for a particular piece of CSS and then import it in the sass file And then it will just import that so it's really helpful So you can keep things more organized and see where everything is instead of having one huge CSS file That's hard to find things And more sanity as a result And you can also use libraries out there bourbon and meet are really great So meet is actually a responsive grid just like sometimes sometimes people use bootstrap And it's all works nicely with sass and then bourbon is a mix in library where you can utilize the entire library of What they have and instead of like recreating everything from scratch you can just import what they have to Use on your own and it's all open source. So it's free So how you want to get started with sass? There are some dependencies. You need to have Ruby Installed before you install sass. So if you're using a PC Ruby does not come installed. So you will need to install Ruby First if you have a Mac sweet, you're already up and running with Ruby So then you just need to download and install sass So in order to install sass on your computer You can either do it with an application such as code kit or compass or scout And as you can see some are paid and some are open source compasses open source or you can use your terminal and Just hit gem install sass now when I did it on my Mac. It gave me a bunch of errors So what you want to do is instead of writing if you run into errors Just hit sudo gem install sass and that should give you the writing permissions to install it on your computer So just general rule of thumb if you're on terminal and you're wanting to Install something and just giving you errors just put sudo before it and see if it works usually does So variables this is an example of a variable at your at the very top of your CSS style sheet You would put like a font stack and then reference whatever that font is going to be the Money sign is basically what? Signals to sass that hey, this is a variable so it'll references at reference it at the top So let's say your client is telling you that okay I know that we really wanted to have the website be blue, but now we changed our mind and we wanted to be all fuchsia So you're like great. Okay. Now I have to change every instance But if you use sass then you can just at the very top of your style sheet change primary color to whatever that fuchsia color is and that will save you some time and frustration and then nesting nesting is really Cool because it uses it almost uses like a different way of formatting things so instead of having like Like nav and then putting you L and then putting your style it's got all of it nested underneath it So for nav everything in nav the UL for that would be this the li would be this They would be this in that kind of a format instead of going crazy with you know a bunch of different UL Nav this particular element over and over again The only thing with nesting you need to be careful not to go crazy with it because then that can be complicated If you nest within nest within nest within nest that can be really crazy and cause problems So mixings are mixings are really great and that's what bourbon is bourbon has a whole library of mixings Which is awesome. So as you can see it's almost it's kind of mathy. It's almost algebraic in a way because you're using variables So at the top you would just say here's a mix-in for border radius and then You would put the 10 pixels so that would actually be insert into the variable for radius So when it actually outputs, this is what it would be at the bottom So we're just putting 10 pixels into this radius and then it outputs it for you So sass is extremely smart and it'll kind of do all this work for you And basically how it works is sass will actually compile this CSS So once it does all of its magic, it'll take whatever CSS you have in other files like partials And it will all bring it all into one CSS file And just bring it in context if you wanted to start sassing away and your WordPress themes There are some starter themes that already have it built in Some like it is a good one And I really like that one it has all of the dependencies listed there And it takes you step by step on how to get it installed onto your computer So like for example that one you're also going to want to install node and Rent to kind of that will basically watch this your sass file And it will compile the CSS every time you make a change to your to your CSS or your scss Sass file it will automatically compile it to CSS for you instead of you having to do it manually So that's really great And then there's also a couple of other There's actually a lot of WordPress starter themes out there all open source. They're all on github So you can pretty much just find ones that you like and mess around with it. So And then here's some helpful links Sassling that's actually the website for sass Bourbon where she can also very quickly get over to meet from that website And also upload the slides as well for you guys So you don't have to like write it all down right now And then some other tools if you want to install Sass with your terminal. I use iterm 2. It's pretty good And then this is the website for Ruby to install the dependency of sass And then homebrew is also really great if you are going to use terminal I would really suggest that it's very helpful And then node as well if you do want to have a package manager to watch your sass for you and using So for using something like that where you watch sass and it compiles a CSS for you for you automatically There are three options run goal and web pack. I've heard a lot of really great things about web pack I haven't used it personally, but I've heard I've heard from a few people that it's really awesome And it's kind of like the newer thing so be fun to try out So that's that's it. Does anyone have any questions? Right like I know some like it neat has a grunt file in there So you would just npm install and it will it will basically install the dependency Dependencies for you and then yeah, so the grunt file how has all that in there package for you They may and they have all the documentation on their get hub page They'll tell you be exactly step-by-step how to install everything and how to use it Yeah, I know there's there's definitely a way to do that. I haven't I haven't actually done that yet I've always like worked with something that had CSS already installed, but there definitely is a way to do that Not on me right now. I'm sure you could find that like on a get hub page or something like that. Oh We're talking about optimizing like performance Well, it's still going to output your CSS So I'm guessing it depends like how you would how you would code it But I don't normally think like sass or CSS would like make your page load slowly More so than other things, but I'm not an expert on that Yeah, that's true. You could minify that's that's a good minify your CSS file and your JavaScript file would be good for that Though it's not really something related to sass. It's just something that you would want to do after after you create the file Homebrew is It's brew dot It's a package manager, so I Find it I find it kind of useful because you can do homebrew and and see Where things are like for node I I just used it to find out what what I had installed a node and to see where things are So it'll kind of like it's almost like a doctor. It'll say like hey you need to Like clean your your kegs or sellers or whatever and it's just kind of helpful for that. Thanks


QuickBooks Desktop 2023, bill for hourly services of staff and set up items and enter billable time. Let's do it within two-edged QuickBooks Desktop 2023. Support Accounting Instruction by clicking the link below giving you a free month membership to all of the content on our website broken out by category further broken out by course. Each course then organized in a logical reasonable fashion making it much more easy to find what you need than can be done on a YouTube page. We also include added resources such as Excel practice problems, PDF files and more like QuickBooks backup files when applicable. So once again click the link below for a free month membership to our website and all the content on it. Here we are in QuickBooks Desktop, get great guitars practice problem. We started up in a prior presentation going through the setup process. We do every time maximized the homepage to the gray area going to the view drop down no team we have the hide icon bar open windows list checked off open windows open on the left hand side reports drop down company and financial let's go to the profit and loss standard change the range from 010123 to 123123 customizing its fonts and numbers change in the font bring it it up to 14 okay yes and okay once again with the reports drop down company financial this time the balance sheet let's customize it and then range and change in 010123 to 123123 fonts and the numbers poor father 14 okay yes please and okay so there we have the set of process that we do every time we're going to go back to the homepage here within our revenue cycle we have primarily been thinking about selling guitars but now we want to think about more of a job cost kind of system one which might be found in a law firm bookkeeping firm CPA firm where we have partners and staff the staff needs to be entering their time and billing it for the work they're doing for particular clients and then we're going to take that time as the partners and bill our customers using an invoice created from the time that has been entered you can use a similar process if you're a construction company or something like that however it's often more complex because you don't just have the time that you're charging for the invoice but also the materials that need to be tracked in that case we have more courses to get into more complex detail on those kinds of systems so we're going to imagine then we're going to be entering time here not so much so that we can build the time with I mean not so much so that we can use the time to run payroll I should say but rather so that we can build the time notice if you have a job cost system we might be paying these people as employees that are salaried employees even we might not be paying them hourly or possibly they could even be contractors or something like that possibly and that means that when we run payroll we don't really need to know what their hours are to process payroll if they're salaried instead what we're entering the time for is or in order to create the invoices now note you could enter the time here using QuickBooks but you don't have to QuickBooks just has a nice link that if you enter the time this way that it connects to the invoice using that billable connection quite nicely you could just have them do it in excel or some other software take that information to create your billable information but the easier the link is obviously the easier it would be you can also look into other options for tracking the time and having your employees tie to it you can look into the turn on time tracking option here but we're just going to manually enter it in the enter time down below now as I enter the time there's a couple ways you might do this like if I have an employee that's entering the information into their time and I said this was like Adam Hamilton or something then they can create their item over here they can create their item over here this is the customer job that they would be working on we saw this in the prior month when you create the service item which the service item will be used to then create the invoice that will bill the client with we can either use whatever they worked on so we could use like the hourly rate or something like that or we can set up a different billable item that will be charging out the time that has been worked so we can basically bill out in other words by what they did or we can bill out by the person that did the work so we might say certain people we're going to put on jobs that are going to be higher level jobs and we're going to have a higher billable rate for those people's time that's the method we're going to use here and we're going to imagine that they that they have guitar lessons so guitar lessons is how we're going to mirror this process we have people that are doing guitar lessons they're going to enter their time who they did the guitar lessons for and then we're going to bill out that time so i'm going to go up to the lists up top and look at the item list let's set up a couple items i'm going to hit the item drop down or rise up and say new item and i'm going to make it a service item and i'm going to say this is adam guitar lessons so i'm going to create a new item called adam guitar lessons and i'm just going to copy that here and put that here and say that that was for let's say we charge seventy five dollars for the guitar lessons i'm just going to keep it into the service account here so i might make another account called guitar lessons guitar lesson income or possibly i just keep it in the service revenue and allow that that separate sub category to be broken out when we run sub ledger type of reports rather than on the income statement have it another line item that's kind of up to you and how much detail you want on the income statement so let's do another one i'm going to say item drop down or rise up and say new and i'm going to call it a service item and this is going to be erica guitar lessons and then i'll copy that i'll copy that and put it down here and she's going to and she's going to charge or we are going to charge on her behalf for her time one hundred fifteen this is what this is not what we're paying her this is what we're billing her time out for notice it should be non taxable i think i have to change the last one and i'm going to put this in a service item meaning we're not charging sales tax because it's a service item okay let's fix atoms because i think i made didn't change this to non taxable i'm going to edit the item so it should be non tax and say okay so there we have that so now let's enter his time in so i'm going to go to the home page i'm going to enter the time not so much so i can pay the employees but so i can use it to then create invoices so i'm going to hit the drop down i'm going to use the weekly time sheet because i think that's the easiest one to do i'm going to say this is adam hamilton and i'm going to set the date to the last week in february so i'm going to do it for the the week the last week in february so it's going to go through sunday here so we'll go through up through the 19th we'll say for the for so it's february 13th through the 19th all right so then we have the customer i'm just going to make a generic customer we set up customer one before so we're going to take this to customer one and i'm going to call it adam guitar lessons that's going to be the item that's going to help us to bill out so that's what's going to be tying to the invoice and then it's going to be a payroll item now he's salaried so if i pulled this over to his payroll then it would pull over the salaried item but i'm not really consider really focus on the payroll the notes here i'm going to say monday he did two hours wednesday two hour lessons that's four hours total and it's going to be billable meaning we're going to make an invoice from it and then i've got customer two that i'm going to say this is once again adam's guitar lessons so notice that i'm not putting the item in here by what they did guitar lessons i'm putting it in here driven by i made the item for adam i'm billing adam's time out rather than what adam did right because i'm going to say he has a higher rate for his guitar lessons possibly or lesser rate whatever then whoever else has the guitar lessons okay so this is going to be two hours here and two hours on thursday for a total of four hours that will be billed out that's a total of eight hours that we are going to be billing out for the guitar lessons note as you enter the data into the system this would be the same if you have excel worksheets that you're doing this in you have to have you could if you only had one thing that you worked on all week one line that you could put all of your time in however uh of course if you had two people actually i want to make this one a different customer let's make this customer two customer two tab i'm going to do a quick ad so because we have two two customers that's going to require us to use two lines the same would be the case if we had a different jobs that we worked on we couldn't we couldn't use the same line even if we had the same customer if we worked on uh different jobs so we're going to keep that that's going to be the eight hours let's say save and new i'm going to say save a new instead of save and close i'll do the same thing for erica smith so we'll take her stuff here and we're going to say this is going to be i'm just going to make generic customers customer three this time tab quick ad and i'm going to type in erica's time erica's guitar lessons and she's going to do on monday and wednesday as well it's billable and then i'll just do a mirroring that for customer four adding a new customer quick ad erica time is the item we're going to put this on thursday or tuesday and thursday so those are billable items so this will not record any financial transaction it just inserts the time which could then be used to create the the um the time payroll but that's not what we're focused in on we're going to use it to create then saving and closing the invoice so in a future presentation we'll go up to the invoice then and we'll start to bail out these customers so now we're going to say if i was the partner now or i'm the owner i'm going to say okay our employee worked on this particular customer you can see it has billable items to be pulling in we can pull it pull in those billable items and then and then build them out so if you had a job cost system such as this a partnership kind of set up and it's in a bookkeeping firm or law firm or something like that typically the people will have to enter the time in some way shape or form and then you're going to bill out every week every two weeks every month or something like that based on the time that has been recorded into the system so we'll go through more of this we'll bill some of this out in future presentations no change to the financial statements as of yet


Hello and welcome back to theCUBE in person at an event, AWS re-invent 2021. We're here live with two sets. Also virtual, you can watch theCUBE on the site, virtual sets, a hybrid event. I'm John Furrier, host of theCUBE. We're here for three days, wall-to-wall coverage, chicken off day one, all about software, ISVs and also value of the cloud. We've got two great guests here, John Grossens, Senior Vice President, Chief Revenue Officer, Prisma Cloud at Palo Alto Networks. Welcome to theCUBE. Thank you for having me. Excited to be here. I'm Katie Joseph, General Manager of Technology Partners from AWS. Thanks for coming on again. Good to see you. Thank you, John. So obviously the story here at re-invent is Adam Silesi, new CEO, taking over for Andy Jassy. Tomorrow's the big keynote. We're expecting to hear that the cloud is going to go in next gen. The next gen cloud is here. It's about applications, modern applications and true infrastructure as code, security as code, data as code. Essentially applications are now the number one priority. This is a big thing. It's part of the movement to the cloud. So I got to get you guys' perspectives. Where are we in that movement? What are customers doing as they migrate to the cloud? It's not just lift and shift. They're like, okay, I got to re-architect my business. Big things are happening. What do you guys see? Well, I think there's a couple big drivers at the highest level, right? Some customers are thinking about migrating their IT estate to the cloud. They want to take cost out. They want to drive agility. They want to drive a better user experience. And you have other customers that want to innovate, right? They want to drive innovation and leverage the cloud for innovation and increase their speed of execution. And as they look at that opportunity, they're having to rethink DevOps and which is making them also think more about DevSecOps and how are they going to accelerate that cloud application lifecycle so they can take advantage of microservices. And in addition to that, as we look back on the last two years as we were talking about before we came on the air in this unfortunate pandemic era that will maybe refer to it as many customers have been thinking about their supply chains. You know, what am I going to do with my supply chain? How do I really take problems out of that supply chain so I can continue to serve my customers and my markets? And it's also made them think about different ways to approach their customers. How do they reach their customers? And then how do they fulfill, build, and continue to nurture those customer relationships? So I think those are the big drivers. And the security aspect is so huge. You guys at Palo Alto Networks know this. Just give us a perspective and reaction to that. As people digitize their business, security's going to be built in from day one. This is the number one thing we talk about on theCUBE. Baking it in from day one, whether you say shifting left, whatever. It's your business, you're now digital. Yeah, one of the things that we think we bring to CIOs and CISOs into boards is really three different ways to get started with cloud native security with Prisma Cloud. You can start with the simplest of terms with posture management. I just want to inventory my assets and know what I have out there and make sure those are secure. I want to be compliant. I want to deliver on compliance and governance from my board, my leadership team. Others are thinking about workload protection, Kubernetes, serverless, containers. What am I going to do with those critical workloads that I'm now moving to the cloud? And then to your point, big push area is shifting security left. I've got to build security in right from the start of that application development, lifecycle, change the way I think about CICD and delivering those applications securely in the cloud and doing it fast. Now, time to market on applications is critical for customers and they've got to think about building security in so they don't have to rework those apps and build security in later. Sabina, let's talk about what you guys have been doing with the customers during the pandemic and how they're going to come out of it with a growth strategy. We had some great talks on our CUBE program around how the software development, life cycles changing, how modern applications are being built, and I'll see Amazon, you guys enable people to make money on top of Amazon, of course you make money too, but how are you guys helping customers? What's the big thing that's come out of the pandemic? Yeah, so while the pandemic has been unfortunate for all of humanity, but through this, we have really seen customers accelerating their journey into AWS and security is top of mind for them. As customers continue to digitize their software, they're really looking for solutions from Palo Alto networks on AWS and what they're looking for is something very simple and cost-effective which Palo Alto has provided because of our long-term partnership. And as John mentioned, right, due to the pandemic and many other factors around it, there have been many constraints placed on the supply chain, but the economies of scale with AWS has really helped partners and customers address many of these constraints. So we have seen a tremendous movement into AWS the last 20 months. Awesome, and how has the partnership for Palo Alto networks been for you guys? Because I wrote in my article, I just posted last night around the preview of this event and my interview with Adam Sileski is that cloud is enabling the partners, Amazon's cloud's enabling partners to do more than be a point solution. And that we're talking about a platform, not tools. I mean, this tools, tools are great, but this notion of super clouds are developing where partners are leveraging more than just hosting. Right, great partnerships always start and end with customers. So one of the things we're most excited about from a Prisma Cloud perspective is we now have over 800 company customers that are utilizing Prisma Cloud as secure workloads and to secure their security posture management and shift security left using Prisma Cloud on AWS. And the other couple of big ingredients that we've had together is really multi-dimensional partnership that makes that all possible, right? We're an advanced technology partner. We have a number of programs that we run together and we've also been a part of a handful of product launches and innovation launches that we're super excited about. Like what we've done with GuardDuty, like what we've also done with auto provisioning using Control Tower. So multi-dimensional partnership, which is always the best we think, starts with customers and then from there what we've done is we've taken a really intentional programmatic approach as we think about innovation programs and go to market together. Yeah, just to follow up on your own mind, you guys have been very successful at Palo Alto Networks. As your customer base is more sophisticated and smarter around Cloud, you got to add more value and be responsive. What is the big trend in your customer base you see with Cloud? Are they actually keeping stuff on premises for certain things, obviously security reasons, but also data's got to be open up. So now you have a more of a bigger data aperture. Absolutely, absolutely. And what's happening is what should happen, which is customers are asking us to do more and innovate faster. And so, we're really excited about our recent launch of Prisma Cloud 3.0, where it really expanded the platform. We're now bringing an adoption advisor, which is going to simplify the experience for our mutual customers so that they can more readily adopt CSPM, CWPP and extend their utilization of the platform. At the same time, we've made a number of announcements about adding more value into our infrastructure as code approach, shifting security left. So we're very excited about that. And so I think that what we're finding is that we're needing to listen to customers and quickly build and deliver innovation in the cloud. As they're all trying to your point, new use cases and stretching their needs for cloud security. I got to say, one of my observations of the past two and a half years, even coming into the pandemic, was security clearly being baked in from the beginning, but the pandemic really exposed those who were ready for it. And that's a big point. And now it's like DevSecOps, no one argues about it anymore. It is what it is. That's a huge difference from just five years ago. Absolutely true. Absolutely true.  And that is the most critical relationship is their customer's customer. And they've got to make sure that it absolutely is a secure user experience because now we're talking about customer's identity, payment information. We're talking about critical customer relationship management now all in the cloud. And it has to be secured end to end. So very exciting opportunity. So Meena, you're under a lot of pressure now. You have a lot of these big partners doing big business. They have big customers. I know they do. Palo Alto has a lot of great customers. How do you support them? What are you guys doing to continue to nurture and support your customers? Yeah, customers is the key word there, John. So we provide value to Palo Alto and other partners through a number of different ways. But one approach that we take is called a well-architected review. It's a process which looks at the software solutions through pillars of security, reliability, performance, cost optimization, and operational excellence. And the reason for that is we want to make sure that the foundation for customers is laid in the best way possible. Because once you have that foundation laid, you can really, really build and scale your business. And so that is one of the ways we continue to provide value. And Palo Alto, we've taken the well-architected review through all of their solutions, both the ones existing and the ones in the future. It's exciting. I got to say, I've noticed you guys have been using the word primitives a lot. Now it's foundational services. Because what we're talking about here is foundation. And a lot of the trends we're seeing from your customers both is, they want to refactor their business value in the cloud. The modern application trend isn't just about apps. It's about business model innovation in the software itself. So it's asking the infrastructure to be code, asking you to be programmable security with automation, all that AI. This is a trend. Do you guys agree with that? Yeah, absolutely I do. And I think what you're seeing now from customer's point of view is, they need to build security into that application lifecycle mental model. They have to have an end-to-end vision of how they're going to deliver those applications at speed and do it utilizing cloud-native architecture so that they can have microservices that deliver value and they're more flexible. And that's part of the power, I think, of AWS and Palo Alto Network's Prisma Cloud is we're enabling customers to innovative speed, shift left with security, build security into those apps, take rework out, deliver applications faster, which obviously drives more value to them. You know, I'd love to get your thoughts on something, John, if you don't mind while you're here, we were talking about, before reinventing around, major inflection points. And every major inflection point in the history of the tech industry, whenever there was a change of how people develop applications, speed and performance was super important, critical. How do you guys see that?  Performance matters now, whether it's on the cloud or in transit. What's your take? Absolutely, absolutely. It was really interesting in customer conversations, even some of the customer conversations I've had today. Every customer now starts a conversation with some element of cloud security, security posture management, workload protection, identity, data, but they all are coming back now to shifting left with security. It's part of every single conversation. Yes, I was primarily interested in posture management. Oh, by the way, absolutely got to dive into how I'm going to shift left and build security in. And so that speed of development now, I think is going to be a key competitive differentiator for customers. They're going to have to become experts at delivering on that entire application pipeline. What's your reaction to that speeds and feeds? Well, it is, I believe it's really important and we're trying to do everything that we can help partners like Palo Alto Network with our processes and most importantly, scaling the business, which I'm sure we'll talk about shortly, how we work together to really get those 800 customers. Yes, talk about that because you have the advanced technology partnership program. Talk about what you guys do there. Yeah, so first of all, I want to thank John and the entire Palo Alto team for building such an excellent partnership across build, co-sell and co-market. And as an advanced technology partner, Palo Alto is part of four different competencies, security, containers, DevOps, networking. And the reason why these competencies are so crucial is because you're able to list your validated solutions with public customer references by use case in each of these competencies, which I think John, you would agree, enables then us to do focused demand generation activities through dev days, blog posts, webinars, account mapping, which of course generates those opportunities together. And Palo Alto is also part of our ISV Accelerate program. So our sales team is in fact, incented in order to work with Palo Alto and help them close opportunities.  And then we're also helping Palo Alto across the globe with resources, including public sector, to help them scale their business. The whole selling thing is interesting. I'll see Chief Revenue Officer say, oh yeah, I love that. This is a big deal. Talk about that further. I know the Marketplace is where people are buying, but it's a joint sales, Amazon sales people sell for you, right? Yeah, we call it co-sell. We call it co-sell whereby we can share opportunities with each other. And when we do share those opportunities, the sales teams are engaging together to understand, hey, what's going on at the customer? What are the pain points? What are the use cases, value proposition? And then going in together to the customer to win the deal, and then continuing that relationship beyond to continue to grow net new revenue. Not too shabby, is it? Oh, fantastic, fantastic. Get more feet on the street, so to speak, and virtually. There you go. It works on both dimensions. And to all the points you made, we have some terrific mechanisms we use together, like Immersion Days, Dev Days, where we're able to work with customers, deliver well architected visions for our customers together. And when we're both designed in, it's obviously a great, it's a great win for the customer that enables us to scale. I think it's a cutting, and not everyone gets these services too. You have to be a certain level to get the joint selling, is that right? That is correct. As an advanced technology partner, and also as part of ISV Accelerate, which is our very focused co-sell program. Well, thanks so much for coming on theCUBE. Really appreciate it. Congratulations on the great partnership. Two great brands, congratulations. Final minute, just what's your expectation as we come out of this pandemic? What do you see customers doing? What's the one thing that all customers are preparing for coming out of the pandemic? What do you guys see? We'll start with you. Well, I think now customers are preparing for acceleration in all of their routes to market, right? Now they're having to anticipate the return of some of the normal routes to market that they, for some time now, have been trying to reinvent around and trying to drive primarily digital go-to-market. Now I think we're going to see growth on every dimension with our customers because they're going to need to return to some kind of normal with their supply chains, delivering through brick and mortar and their traditional delivery models on top of driving hyper growth that they're already enjoying through their digital go-to-market routes. So that's great insight. Savina, your thoughts on companies coming out of the pandemic, looking for a growth strategy. What's the pattern? Well, I think they're going to prepare in order to address this pandemic in the future, right? Definitely. Or some calamity of some way, right? But I do think that what I'm observing personally, especially segments that have been slower to adopt because they wanted evidence, the pandemic has really increased that, whether that's vaccine research or treatment research, it has really accelerated that. So I agree with John. We're going to see it all across the board. I mean, one thing I'd say just to support those two awesome insights is that the pandemic exposed what it works and what doesn't work. You can't hide the ball anymore. If the software's being used, it's successful. If not, it's self-wear. You can't hide the ball. Cloud, if it's not working, you know it right away. Thanks so much for coming on theCUBE. Really appreciate it. Thank you very much. Okay, CUBE coverage here at Reinvent Live 2021. I'm John Furrier, your host of theCUBE. Stay with us wall-to-wall coverage for the next four days here on theCUBE.


more than two decades after 9-11 and more than a decade after 26-11 in Mumbai. Radicalism and terrorism still remain a pressing danger for the whole world. These ideologies keep taking new identity and forms, but their intentions are the same. Terrorism is an enemy of humanity, and there can be no ifs and buts in dealing with it. We must overcome all such forces sponsoring and exporting terror.


Fun. Randall Thor. Is there a video you can point me to where you explain your purchasing process? This is a hobby of mine and I have no intention of selling anything in the future without having a second copy, which is what I do. Like everything I've sold, I have... that's not the only copy I have. I've never... Not true. Man. I regret, regret. I sold an amazing Spider-Man number 7 with the Vulture, I believe. Amazing Spider-Man. Back in 2000 for like $45, 2002. I just wanted to test it out on a eBay. I regret selling that. I didn't have an extra copy, but I don't sell anything that I don't have extra copies of. So continuing with Randall's, I think, future without having a second copy at least. I guess what I'm asking is how do you know which books may be worth selling in the future? I walk into my local comic bookstore, which is the size of a warehouse, and I'm overwhelmed with what to buy. Randall for sure. I have books that I have multiple copies of that they're not worth very much. I have books that I have multiple copies of. Amazing Spider-Man 361, which they're worth a lot, right? How do you know it really depends what you're into? Buy what you love. Like when Carnish came out, I loved it. I love the character. Like really, amazing character. I was like, I love this thing. So I bought multiple copies of it, because I thought it was a mom's pie or whatever the saying goes, right? So buy what you love, right? There are certain comics that if you can get at a good price, they're worth the investment. There's something called the Lindy Effect, something that has maintained its value for an extended period of time. The odds are it will continue to maintain its value. Things that do serious pump-ups, right? In a short-term period, the odds are they're going to do a serious correction, right? So for example, Amazing Spider-Man 361, right? These are, I sold two copies like two years ago, right? We did grading, or I did the listing part of them, right? We sold two copies two years ago. One of them sold for a hundred. The first one sold for a hundred. The second one sold for 160, okay? Those were amazing deals, because right now those same comic books are selling between $400 to $600, right? Let's say $300 to $500, or $350 to $550, right? So it really depends. I would say, I personally, Randall, I don't chase hot books really. There are times where I chase them if I miss them, but I really don't chase hot books that much. I buy things that I love, that I appreciate having, that I love having. So for example, here, watch. I have multiple copies of Lobo Kills Santa Claus, right? Lobo Paramaritary Christmas Special. This doesn't fetch a huge price, but I love this comic and I'm happy to have multiple copies of this, right? I have multiple copies of Lobo the Last Zarnian, issue number 1-4, because I think this is one of the best mini series ever put out. Amazing read, amazing read, amazing read, right? This is the one comic book. This series is the one series I've read the most in my life, right? I don't know how many times I've read this series. I must have read it like five, six times, right? It's absolutely amazing, right? Does it fetch a high price? No, not really, okay? Am I glad to have as many copies as I do? I shouldn't have bought as many, but it was something that I did, right? There are other ones that I jumped on the hype and I shouldn't have. So it's go with how you feel. Don't go overboard. There are some no-brainers. If it's the first appearance of something, it's not a bad idea to get extra copies, right? Selling copies. If you love a character, then why not? Some of the key issues, key characters, they go up in price, they maintain their value like Batman's, Amazing Spider-Man, X-Men, Superman and stuff like this. Low print run stuff from independent publishers. There, as far as I'm concerned, their value is kicking up. I'm seeing it happen, right? So for example, take a look at something is killing the children number one, right? Sold out right off the bat, you couldn't even get it. Comic book owners weren't even putting it out on a shelf, right? That thing's selling for three, four hundred dollars now. It's crazy prices is fetching. And it's a year old, year plus old, right? So get into a certain genre, read the comic books. That's a must. Read the comic books, listen to the buzz. Before you go into the comic book store, this is one thing you can do around them by the way and anyone else. Before you go to the comic book store on Wednesdays where you get pick up your comics, in the morning do a little search on comic book forums or a couple of websites to see if there's anything important coming up and try to get your hands on a copy of that if you can, right? That's the quick version. Aside from buying stuff online, golden age comics, horror, pre-censorship, stuff is worth buying. Amazing artists are worth buying, right? And there's still amazing deals to be had. There's still amazing deals to be had.


This is how much I would have made if I had deposited half of my allowance every month from 1995 to 2005. And the end result is, today is Rafael from Hardware Sugar and today we have a special video which doesn't necessarily involve tech but actually it is what we use our tech for which is making money through online investment. This episode of Hardware Sugar is sponsored by Alexander McQueen's. So earlier last week, I released a video about the S21 Ultra and I complained that it didn't come with the faster power bringer. And Alexander McQueen's was kind enough to give his two cents that I was too cheap. How manaman cha? So it got me thinking, how much money would I have made if I had placed my very small grade school allowance in the stock market back in 1995? And how much would it be today in COVID-2021 era? Surely it really can't be that big of a deal, right? So ever since college, a number of people have always been coming up to me asking me how do I get into the stock market? And so I always sort of give them a regular spiel. And the spiel is, number one, you don't need to have a lot of money. Number two, almost anybody can get into it. And number three, no, it's not a place where you get rich quickly. If you can buy a Starbucks once a month or twice a month, you can afford to invest in the stock market. It can be as simple as investing money in an equity fund. And that's how I started out. So what is an equity fund? In simpler terms, an equity fund is first and foremost, run by a fund manager, a professional, a professional who is the one who does the everyday buy and selling of stocks.  And number three, that collected money from all the investors gets placed inside one basket. And then that fund manager now has capital in order to buy individual stocks from the stock market. Now, as investors in the equity fund, we do not own the stocks that the fund manager buys. Instead, when we put money into the equity fund, we convert our cash into shares. And now we have a share within the fund. And that share goes up in value or decreases in value depending on how well the fund manager performs in his everyday buy and sells using the collective cash.  And I'm gonna show it in a manner which even you can resimulate for free. In grade school, I always had a daily allowance of 20 pesos. And I know it was 20 pesos because I used to buy a Magnolia juice box at the canteen, which was 10 pesos. And I would have at least one during the morning and one before I went back home. However, you know, let's be realistic. I would need to spend my allowance at some point. So what we're gonna do is I'm going to place half of my allowance from grade school, high school and college all into the same equity fund. I will exclude April, May and December because that was summer vacation and Christmas break where I didn't have an allowance. All right, actually you only need two websites in order to do this. So the first one is the Bloomberg website and then you make an account, it's free. And then go to watch list. And then for this example, I've already made a watch list called school allowance. However, it is empty. So that's the first website. The second website you need is fillequity.net. Their equity fund dates back to 1995, which was when I was in grade one. Now you just go to 1995, make sure you select it, you select the proper fund. So we will select the fill equity fund ink, get an FPS. All right. So we have the Bloomberg on the left, which will calculate the value of our investment in real time to present day. So you don't need to do any math anymore. All you need to do is just encode and Bloomberg will take care of itself. And again, it is a free site. At least for this part, it's free. Watch list. I've already made a watch list called school allowance. You press add symbol. You find the symbol of the equity fund, which is fillequity column PM. You click it. And now it's asking for what date I bought in. To make things simple, let's just assume that I always invested on the last trading day of the month. The last trading day of January 1995 was January 31. So you just select January 31, 1995. So the only thing we need to do is look up the nav, which is 1.0804. So our capital of 200 pesos divided by 1.0804 will give us 185 shares. So you type in 185 shares. And then for the price, you just put in the nav because that's what it is. How much per share each costs. Whoa. So this is actually pretty cool because our single investment back in January 1995 has led to a 3,036% gain. And that gain is 6,069 pesos.  As you can see here, our capital for this entire investment is listed here. We take one peso. But really, this is not bad considering I would have thought 200 pesos was a trifle. So actually now I'm really excited what it will look like after I've encoded grade one. Now we're gonna see how patience pays off. Oh, hey, not bad. Not bad for 200 pesos. We did pretty good here. Essentially I only put in 1,793 pesos that I assumingly would not have used or I would have survived if I hadn't used it. And I came out with a gain of 2,578%. Okay, so the best way to invest in a stock market is when you are young because you can wait. You can wait for it to grow. And secondly, the purpose of the stock market is for you to also understand the importance of patience and endurance and self-control. Everyone has their own amount of savings which they may not need for the next 10 years. Whatever amount you think you won't be needing to use for some time, just put it into the market. Essentially money you don't need can actually just be saved by placing it in the market for an extended period of time. Note however that it's not really a saving per se because if it was a savings account that amount of 1,793 would not have changed, okay? That amount would have stayed the same. So I just finished encoding 90.95 to 90.97. So that's three years. And if you, as you can see, our capital cost was only 5,376 pesos for three years. For three years, okay? Three years. And our gain is 101,000. I mean, I just wanted to report on how astonishing it is, how we take into consideration small change, for instance, or a small amount, and then it just sort of, with time it just blows it up into something humongous. You know, if I was in grade school again and someone told me that my measly 20 pesos or 50 pesos or 10 pesos in change would actually amount to something this large if I actually put in the patience and the time, I really would not have believed that person.  It's different when you're actually seeing the real numbers. So far, ever since we started in 1995, all the way up until 2002, we only put in a capital of 45,795. Presently, we have a gain of 465,341 pesos. I just wanted to highlight again that where we come from, that we place 200 pesos once a month, and then we switched it up to 500 pesos. And then in 2001, we moved it to 1500 pesos all the way up until present. This is how much I would have made if I had deposited half of my allowance every month from 1995 to 2005. And the end result is, okay, so our total gain is 728,386 pesos. So if we sold all those shares, we would get today 828,101 pesos, which includes the 728,386 pesos gain and our capital of 99,714 pesos. So here's my immediate reaction to this. To be honest, I was actually expecting a little bit larger because when we first started out, we were looking at a 3,000% gain, but now we're only at a 730.47% gain. And the reason as to why the 1995 gain was so big was because it was the eldest of all the lot sizes we placed in. In short, the longer you leave money in the stock market, the higher the chance that it will grow and that it will grow larger. November 27, 1997 was there longer than the 2001 and yet the 2001 had a larger gain. This is probably because my allowance during 2001 was 150 pesos a day as opposed to my allowance back in 1997, which was 20 pesos a day. And my second realization is the most important, which is did we lose money? Hell, we did not lose a centable. Every single investment lot, as a gain, it may not be as large as some of the other lots because I placed a larger capital on some months or that specific day was just a really good time to enter the stock market. And while some other days just weren't, just to name a few, this takes into consideration the 1997 Asian financial crisis, the 2001 People Power II Revolution, the September 11 attacks in 2001, the Hello Garcy scandal back in 2004, the 2007 Global Financial Crisis, and this also takes into consideration 2020 COVID. In fact, if it wasn't for COVID, we would, this amount would be dramatically higher. In spite of all those crises which the Philippines has gone through and which the world has gone through, there is still a significant gain. I don't think that $728,000 is anything to laugh at. Essentially, you put in $100,000 and you come out with $828,000 all in all. That's a great deal. I really encourage you to do this simulation on your own because one, it is risk-free. You're not trading with real money. However, you're dealing with the actual valuations if you had really placed the money. And two, that way you can simulate based on your own kind of income. You might be making a little bit less or a little bit more than other people. But the point is that you are rewarded for your patience and your perseverance if you just allow your money to grow. So there are some caveats. First, people really do lose money in the stock market.  However, you can minimize your risk which by through two ways. One is always leave your money for the long term, okay? You need to fly by night. Second, invest in an equity fund because equity funds don't generally fluctuate in high numbers as opposed to individual stocks. And lastly, a index fund is the safest among equity funds because there are also more risky equity funds as opposed to less risky equity funds. Phil Equity Fund Inc, the specific fund I invested in is on the relatively higher risk as opposed to a index fund. However, Phil Equity also has a index fund if you want to invest there, you can. And another caveat to keep in mind is inflation or the buying power of an amount of money at a specific period of time. So obviously 200 pesos back in 1995 was worth a lot more than what 200 pesos is worth now. So for the purpose of the example, I went and checked the inflation rates from 1995 all the way up to 2019. And after that, I made an Excel file of every rate and then I got the average. So the average inflation rate annually was 4.47%. So in short, if you want your money to just maintain its buying power, it needs to grow 4.47% a year. How do we know if we kept up with inflation? Easy, we do a compound interest calculator.  So 200 pesos at a annual rate of 4.47224 and then we compound it annually. So there you have it, the equivalent value of 200 pesos back in 1995 is 600 pesos in 2019 standards. In order to overcome inflation, we only need to get 400 pesos, but we made instead 6,139 pesos. So in short, did we overcome inflation? Yes. So in addition to tech content, we'll also be releasing our little know house on business and investing. If you have any questions, feel free to drop a comment down below and to suggest for any other specific topics about gaming or investing. We want to thank our top fans, Asher Anima, Richard Ongkinko, ITX addict John Occia, Christian Espinosa. Thank you so much for supporting our channel. We really greatly appreciate it.


Hola, community. This is Paolo Asquez with more updates in 2.91, which is looking to be quite a leap in user interface and improvements. Remember, I showed you the Fuzzy Search a few days ago? Well, there's more related to that, related to change the way you're going to find properties or settings in Blender. In this case, properties. Why? Because it's the properties editor, the one I'm talking about, got a new search field. Yes, you can just start typing, click here, start typing, or you can even do Ctrl F and type right away. In this case, for example, if I start searching for samples, it's going to highlight everything that matches and dim everything else. In this case, it's the sampling that is highlighting the whole panel because it matches the title. Then samples inside of the surface scattering. Volumetrics also has samples related options. And in this case, even this sub panel is highlighted because it contains a property, which is the grayed out now because the sub panel is not on. But in that case, it's going to highlight it as well. And as you can see here, as soon as you start typing, so even if you have everything hidden, if you start typing, it's going to open those panels and sub panels that match the properties. This also works, for example, if you have modifiers, so if you have them collapse and you want to search for type, then you get here, you get width type, fit type, and it's going to open those modifiers for you. This is amazing. It's really, really, really awesome. Why am I saying that this is maybe too soon to show it? Maybe it's too early to show this feature? It's because there are even more improvements coming. The way it's implemented right now, for example, if you just start, if you had the bevel open and then you search for something else that opens other panels, if you escape, it keeps everything open that matches. And the idea is that it's going to remember those panels that you had open before. So if you cancel your search, it's going to go back to that previous open state. And another improvement that is actually not here yet, and maybe I should have waited to make the video, just to show it working, because it's awesome. It's the multi-tab search. So right now, I don't know if you noticed, but it only highlights everything that is here in this tab. But the patch, it's already working for, and it's going to work in the future for highlighting searches in other tabs. So if there is another option that matches sampling somewhere else, like in the object, for example, all the tabs are going to be deemed except the ones matching. So in this case, object, and then you go here, and then you're going to see it. So this is going to be amazing. It's just got added. There are a few settings that you can also tweak. There is one setting in particular, which is the highlight color here, this one, which at the moment is just the blender accent color. But in the user preferences, you can go into the themes in properties editor, and you can change the search much to be something else, whatever you can choose. So far, it's a highlight theme. There were also proposals into making other colors, but usually the colors, most of the colors are taken for errors or search or keyframes or overrides. So for now, it's a bit more conservative in that sense. This is just crazy. I'm so excited about this feature because it's not just the search in one tab. It's the whole work under the hood that it was done for making this work, for being able to search here, because it means that this concept could be expanded. It could be, for example, be in the, I don't know, here, for example, if you want to search for settings, for properties, for preferences, you should search here. Or this could also be extended to like end panels and search inside of other add-ons, for example, or like anywhere in Blender. And also, it could be also improved in the, it could be improved with the new Fuzzy Search. Here, Hans Goody, the developer that implemented this feature, big thanks, Hans. Please just keep rocking it. He is the one developer that also gave us the modifier layout panels. So the new Fuzzy Search, he mentioned that it could be an improvement that reset the panels to the expansion before, which was already mentioned. And open old child panels, actually, these are already in, I believe. But yeah, this is just awesome. Just great to see these kind of improvements that help everybody in Blender. It's not just one area, but it's a user interface, something so, so basic as search. It's awesome. And the more we can have search, it's amazing. I just want to have search everywhere in modifiers, in menus, in everywhere, search all the things. Thanks for watching and I'll see you in the next video. Bye. Bye.


But now at least we have a definitive bottom, right? So we have 286 still to the up, and we have roughly 276. Welcome to Access a Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hey everyone, good evening everybody. Welcome to another edition of the Access a Trader.com. Monday night wrap up, hope everybody had a good trading day. One of the craziest days I can remember in a very, very long time. If you guys remember on the Weekend Update Show, I was pretty much very aggressively bullish, okay? The way the market closed on Friday, there was a lot of really good value coming in today to the market, right, to the upside. We talked about the 286 level. If you guys remember in the video, we talked about two levels that were very, very important for the bulls. You had the 286 to the upside initially, and then you had the 288 macro. The problem with that is the market doesn't usually do what you want it to do. And when you look at the futures this morning, they went down pretty aggressively, about 250, 300, on the Dow Jones, about 100 on the Nasdaq. The problem was my trading plan for today's session was literally 100% to the long side. That's where I thought the value was. If you watch any of my videos, especially the days that gap down after a very, very strong move the prior day, I always have this kind of the same game plan that when stops gap down, about 90, 95% of the stocks put in an average true range. That's kind of an expanded into pre-market support. And that's exactly what happened today. And if you watched any of my videos, the initial values always to the upside, just because again, you wanna give the bulls the benefit of the doubt, and you wanna see very, very aggressive early shorts get trapped and panic selling into the open. So in other words, if anybody got closed on a very strong close on Friday, and so the futures gapping down 250, 300, they would sell, stops get triggered, new shorts get trapped, and you get that initial move to the upside. And that's exactly what the market did today. And if you look at the final numbers, it's really not gonna pay the picture of what exactly happened today. You'll see on the Twitter feed, and we'll talk about the individual pivots in a second. We talked about at one point, I looked up and after the first hour, and I said, holy cow that anybody even realized that the Dow was down 400 points. We had some crazy moves to the upside. If you look at intraday, especially at the open here, you'll see what I'm talking about. If you look at the cues, this is what happened at the open, right? At the open, and again, we talked about the value. The cues went literally from 281, okay, to 281 to 285 and changed. Now why was that important? They got rejected the supply because we needed for the bulls to get above that 286 level that we talked about and bears really rejected that number. And what followed after was crazy trading session. You had incredible value to the upside at the open, and then you had really aggressive selling to the downside. Now again, these were the reasons why. Number one, we're getting a really aggressive COVID spike and again, it sounds like a broken record, but that's exactly what's happening. Everybody was looking for a possible, what's the word I'm looking for? Possible solution to a stimulus package over the weekend, and we didn't get that either. So you had a big move in COVID spike, you had no resolution of stimulus, yada, yada, yada, seven full days left to the election or at least election evening, and that really put in one big pot, you started around, you have a lot of uncertainty. So the bears had a lot of ammunition this morning, but if you shorted that first move, literally, and then we talk about shorting into the hole, and that's exactly what it was. If you're shorting into the hole after a big move in the previous days, you're going to get caught nine out of 10 times. That's unfortunately what a lot of uneducated traders did get caught today at the open. You had literally, think about this, you had a move in the queues just to put it into perspective. Again, you had a move to the queues going from 281.60s to 285 on one candle. You're talking about a $4 move on the queues of one candle and what followed in those queues. Think about that. Look what Amazon did at the open. This is literally at the open. Amazon went from $31.85 into supply here. This is a $100 candle. If you look what zoomed in at the open, and again, you can again, you're talking about a catalyst, COVID, COVID, COVID. But again, look at these candles. They literally went from 517 to 540 on one candle. And if you go through the Nasdaq 100, you see a lot of the same names. I mean, look at Alibaba. Alibaba literally went from 308 to 315 on one candle. So you had crazy value at the open. Is it possible to catch everything? No, it's not.  Again, try to catch one or two of these things. The only way to do so is to pay attention to the names that you want to see. What's more important, and as I was charting the market today after the close, I started looking at the names that stopped rallying, kind of intraday, and started making lower lows after the futures rally. And I started looking and the stocks that really stood out what these COVID names, like a name like a Peloton, like a name like a Zoom, then now at least we have a very, very definitive bottom, we have a very definitive top. But the one thing that I kept on thinking over and over and over again, you're going to get some sort of resolution eventually over the next couple of days on COVID. And according to Trump and according to the other things, there are on deck some sort of vaccines, whether it's Moderna, AstraZeneca, Johnson Johnson, Gilead, whatever the case may be. And I started thinking if we start paying attention to the bottom range, not to the top, because the top of the range is you're always going to find because as COVID spikes, these are going to be the place. But if they stop rallying, like a name like a Zoom, for example, and again, this is not for tomorrow. This is not, at least I don't think it's going to be for tomorrow, but eventually when these things stop rallying and there is more news, for example, of a vaccine on the horizon or maybe kind of a less death rate, which we're seeing, less hospitalized rate, which we're not seeing yet. But eventually, once these things stop rallying, these things may be really, really aggressive shorts when they start losing their rising support. Same thing with Peloton, Zoom, name like Docu, for example. And again, we have very, very clean channels now. Again, I don't think they're going to be for tomorrow, but it's something to keep the back of our head. The only problem now going into tomorrow's trading day is last week, Wednesday and Thursday, I was very, very sell buys. Friday, I was buy buys. Today, I was buy buys. And again, things worked out at the open. The problem with today's closes, and if you look at a lot of names, number one, we are in the middle of earning season. So for example, Tulow came out with earnings tonight, stock tripled over the last year. You had a guidance, I think they beat revenue, but I think they're guiding lower on earnings. So they're taking it down. They obviously saw what happened with Netflix over the last couple of weeks. They took them down in earnings. So again, I think earnings are obviously going to paint a bigger picture for us to kind of get us an opinion, a macro opinion of what happens further. Tomorrow, you got Microsoft and the other two big ones in the tech space. You also have Triple M, you have Caterpillar. So again, slowly, but surely Thursday, obviously is the big one. Google, shop, Amazon, Facebook, Twitter, on and on and on. So we're going to get a lot more clues. But again, I really encourage, especially for the newer traders, I really encourage try to go home flat. Like, you know, again, I could be wrong a thousand times every single day. And I am, there's so many different ways I could be wrong, whether it's my opinion, way from my bias, whatever the case may be. You don't care about being wrong theoretically, as long as you're not wrong financially. And I think in this type of environment, like I said today at pre-market, you're going to have your aggressive windows, okay, today's aggressive window literally lasted for about an hour, maybe an hour and a half. And then we have some downside pivots as well. But the most important part is you're going to be faced like we talked about over the weekend, many more stagnant days, just because again, we're only seven days away from the election, stimulus bill is still hanging over our head. We believe that is going to get done and COVID, right? COVID is always out there. What I found that was interesting about today's sell-off but at one point we were down about 9.50 on the Dow Jones. I found what was interesting, there was no really big put buying coming in in the tech space, not at all, okay? A lot of dip buying, a lot of people stepping in, weakness ahead of earnings. But what I found interesting, there was no really aggressive big money flow on the put side of the market. Now again, maybe that means something, maybe that doesn't mean anything, but it was just something that I found kind of interesting into today's sell-off. The good news is the bulls, right? The bulls held the rising support, right? The rising support here 277.77 and we'll talk about the significance of that in a second, but now at least we have a definitive bottom, right? So we have 286 still to the up and we have roughly 276.70 to the bottom. So at least we have again important lines to the upside and lines to the downside. So let's talk about today's pivots. So again, you could see here pre-market, everything I had up was literally to the upside, like literally every single pivot I had to the upside. And the most important part was the question was how many of them were going to get confirmed? Because again, they were all strong charts and how many of these names were going to be confirmed with a lot of aggression? And we got that answer pretty, pretty quickly. So just if we go one down the line online, not everything obviously confirmed, but the ones that did very, very well. So Xilinx 170, 1750 needs to build, as you can see by the chart, it got no way near the 117.50, right? This is a 1750 10 day confirmation that I was looking for. So that didn't confirm Facebook. I took a trade on Facebook. I actually took an 18 cent loss, which is absolutely nothing. I went in ahead of the pivot and you'll notice here, the pivot was 85, 50, 86. I saw there was an aggressive, and this is kind of, I a little bit anticipated the trade, but I saw there was an aggressive seller, right? Off this 85 level. So I figured, they didn't go once, they didn't go twice. If they go through the third time, let me enter the trade. So I entered the trade, it was like 285. I think I got filled 285 a little before the teens. 8506, 8507 average, and it only ran up 20 cents and that seller came right back. And I knew right away, if the seller came back if he wasn't finished, I wanted to be out of the trade. So I took out like an 18, 20 cent loss, not the point of the money. But again, I should have waited to that 85, 86 level. Again, it is what it is. Team never confirmed that 210 level. XS again, only went up a little bit, not a lot at all. Again, very, very thin. So it only rallied up, let me say rally's very loose word. It went from 11th to 11th 40 and really turned around very, very aggressively. But the names that really did well with the names that we were watching, we talked about, and we saw the buyers coming in very, very aggressively. So, so new we covered last night in the video, the weekend update. I liked that setup, 615, 1620. As you guys remember on last night's video, we talked about they were buying stock in the after hours Friday in the 1630. So I knew there were buyers over there. And usually what happens is, if you get a down open, a level that is below what you saw the previous days and after hours, there's a chance to pick them off. So we actually got long at 16. The only reason why we got long at 16 was I saw those buyers coming in very, very aggressively. And it spiked up very aggressively. It took out that 1615 and it traded up all the way up into the 1650s. I made some pretty good sales there. My last piece, I got stopped out breaking but pretty good trade on SOLNO considering what the market did today. Uber never got to 37. Again, here's a perfect example of a strong stock and one it confirmed did incredibly well. And here's my point. The market at some point was down 400 today. If you didn't look at the indexes, you would have swore that the Nasdaq was up 200 points today. Just how aggressive everything was. Frog, 86 sneaky entry, 87 macro needs to build. Again, needs to confirm. Look what frog did. I mean, one of the biggest moves. Congratulations, guys. For all you guys that took the frog. So here is the 86, right? Here was the 86 and not only to confirm 86, it confirmed 87 and it took out the 52 week high of 91 and it went all the way up to 95. Just an insane move by Froggy. Netflix, you know, nice reversal here. Netflix, again, we possibly talked about that in the weekend update as well. Down days, eight days in a row, 490, 491 if it builds, it could finally have a dead cat's bounce day. And the stock exploded. I mean, really, really exploded. Again, got crushed after, but the point was we were watching this thing pre-market and as everything was down, you know, that was down to 300 points. I noticed Netflix was only down like literally a dollar. I mean, that was nothing. So if you see here, here's the whole point here. You see this whole 490 level, right? 490, 491, it took out this whole range here and this thing put up a $7 candle. Great job for all you guys who took Netflix. Roku did the same thing. 225, 50, 226 needs to build, right? Here was Roku, right? So here was Roku, this whole channel here. 225, 50, 26, stock went to almost 230. And again, it's amazing that how much aggression that was actually at the open today considering what the indexes were doing. Now again, this is very, very important that we continue to really drive this point home. Again, keep this in mind guys, we're close to election days. Some days will be painfully slow. And again, I imagine a couple of days this week will be as we get closer to election because of the tight ranges. Make sure to be disciplined, okay? You don't need to trade every single day.  So it's the same message every single day until the election. So a huge move on Netflix, perfect naming. And I said, I go, oh my God, I go, look what's going on with beta here as the market's down 400. There's just really, really aggressive moves there. Frog just went nuts literally. I said, oh my God, new highs on Sonu 93, went to 95 on Froggy. And now we're starting to see, here's what my message is kind of midday, incredible upside candles this morning despite the weakness. However, again, we failed to reclaim the 286 level that we spoke about, start looking to the downside channels. And again, here are the two downside channels for the afternoon. Beyond the 167.50, 167, if it builds below can flush. Beyond got absolutely destroyed. So here's the 167.50, right? 167.50, 167, went down to 161.80s. And here is the macro number we talked about, the cues, right? Cues, 280, 20, 280 becomes a huge line in the sand. The 50 day, if bears take control, we can get, it can get hit, it can absolutely get hit. And here were the cues, right? Here were the cues, took down the 280, 20, 280 level, went all the way down to a little under 277. ZM obviously never took the spike back to the upside. And I said, look, take on the way down to lunchtime thoughts, basically what I'm reiterating now, beyond new lows. And yeah, I said 277 is rising support. It got down to 276.75. So some big moves here tomorrow. You know, I don't have a good feel. I really don't have a good feel. I had a good bias for the last three, four days. I think we just have to just wait to see how price action plays out. It's very, very tough to look at a lot of these channels that are in the middle of the range and really come out with an aggressive opinion. Again, it's not about being right. It's about staying out of trouble and being a responsible trader. Guys, have a great night, everybody. God bless, and I'll see you all tomorrow.


The Minister of Works, David Umahi, has inspected the Abuja-Lokoja Highway and ordered concrete road construction for durability while also unveiling his intention to oversee the construction of a flyover to tackle the persistent flooding issues along the area. The announcement was made during his inspection visit to ongoing construction sites along the Abuja-Lokoja Road a day after his official assumption of office, highlighting the significance of the Abuja-Lokoja Road as a vital link between various regions of Nigeria and the FCT. The minister emphasised its pivotal role in the nation's social economic landscape. Umahi said there would be a review and redesign of the road contract promising to deliver concrete roads across the country, saying they are more durable and can last 50 years as well as remain maintenance-free. There's no need of building a road that when the flood comes, people cannot pass, so we're going to be looking at the flood level and then raise the route to that level by using retaining wall and then some field road with shaft sand and then do our concrete on it and that will be a permanent solution to the road. Let me assure that within two weeks the design or redesign of this section will be fully ready and then we will go through the process and then we'll be on site immediately. On his part, the Kogi State Governor Ayahaya Bello said modern technology and innovation used in the Western world should also be deployed on Nigeria roads. This is more than palliative for the people of Nigeria, both in the South and in the North and we see Mr. President Kudos on behalf of the people of Kogi State and indeed Nigerians that have come to salvage. We thank you and we appreciate you and Mr. Governor, the Honourable Commissioner, I mean the Minister for Works, we appreciate you. You have done it in a good state. Your amount of quality, you understand it. You are coming in the car, you are asking the Director in charge of Highway, in the Ministry of Works, you are asking him every bit of details, I was equally learning along the line. A lot of engineering terms, this is Engineering Umahi at the helm of AFS, you have hit the ground running. The Abu Jalokoja Road is critical to the social economic lives of the people as it links the Southwest, South-South and Southeast regions to the Federal Capital Territory and all the Northern parts of the country.


Now recognition of investment property. Investment property should be recognized as an asset when and only when. These are the two conditions. Number one, it is probable that the future economic benefits will flow to the enterprise, to the entity. You are using it and in future you are getting cash flow out of it. Thus cost can be measured reliably. Actually these two conditions are almost for every asset, but here they have repeated that investment property purpose also you must keep in mind these two things. Subsequent measure of investment property should follow the preferred pair value model or the alternate cost model. These two models are going to be recommended. Either you use cost model or pair value model. If you remember in property, plant and equipment, we have cost model. Whatever price we pay for it, we capitalize it and then we reduce it depreciation, amortization and we recorded that. That is the cost model, but at the same time we have the revaluation model that we appreciate. I mean every year end we revalue the property and if there is any increase or decrease, if there is a decrease in pyramid, but if there is increase that is surplus revenue surplus. So both methods are recommended in this case also. Under pair value it is revalued to pair value at each balance sheet day. In case of property plant and equipment it was not that. You can revalue it after 2 years, 3 years, 4 years, whatever you want. But in case of investment property you have to revalue at the every year end. And again a loss taken to the income statement no depreciation. In case of property plant and equipment which are depreciation and which are depreciation to profit and loss. In this case any change in the investment property it will be taken to the profit and loss. Under cost model IS-16 will apply and property will depreciate like any other assets. So if you follow the cost model then in this case you will follow the same which you followed for the property and plant and equipment. Now let's make it very clear what is cost model and what is pair value model. This is the benchmark treatment in IS-16. Many assets we buy we just report them in our accounts at cost. So this is a benchmark treatment which require investment properties to be measured, depreciated historical cost, less any impairment. In effect this treats investment properties in a similar manner to owner occupied property. You know if you use cost model then you are taking it as if it is owner's occupied property. So it is not really investment property in that case. When the cost model is adopted the fair value of investment property must be disclosed. It means that if you are reporting your investment property in the balance sheet at cost no depreciation. But if there is some revaluation of it and you find the price going up or the value is going up. So that revaluation should be disclosed to the notes. So you are not adjusting your investment property. You are just reporting it as a note that this property cost is this much but the market value is this. Fair value model requires investment properties to be measured at their fair values on the balance sheet debt with changes in fair value being recognized in income statement. Now no depreciation on investment properties under fair value model but whatever is changed. Let's say it appreciates. So that appreciation is directly reported in the profit and loss account of that particular year. And if there is deduction as a loss reducing its value. So whatever is a deduction that is again to be taken to the profit and loss account as a loss. So here value model we keep in mind that we revalue the assets at the end of every year. And if there is any appreciation that will be taken to the profit and loss. Similarly, if there is any reduction in its value that should also be taken to the profit and loss. Now in case of property planning it was not that way. Here if we revalue the assets we don't take it to profit and loss account but we take it to the other comprehensive income. But in this case no it is state whatever change in the value of investment property that will be taken to the profit and loss account. The difference of cost model that requires evaluation surpluses to be recognized as changes in statement of equity not as income. But fair value model is desirable for IFR 613. Now as I said clearly that here any change in the property's value to be rooted to income statement. And if we debit the profit and loss account if it is increasing we debit the property credit the profit and loss. And if it is decreasing then what we do we debit profit and loss account and credit the investment property. So these two models are being used and let's see how these models in practically apply. Thank you very much.