The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll Free at 1-877-927-6648 Or internationally at<PHONE_NUMBER> The Trader's Edge Now, Steve Rhodes Good morning, folks. Welcome to the July 27th, the terrific Thursday edition of today's Trader's Edge show. I'm your host, Steve Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Let's make sure we have an extraordinary one. Now, the easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I can make that one little two-by-four shift, it means we can find the gift. In every set of circumstance that life is going to toss at us. Now, today you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here, but even more important than that. And that's this. During this next 53 minutes, I'm here to serve you. So, feel free to pick up that phone. I would love to hear from you at<PHONE_NUMBER>. Now, if you've got a question which you can't call in, well, I'd love to hear from you by email. Send it off to Steve at tfn.com. Inside the subject heading, please put radio show question. Of course, inside our Tiger's Den, well, then any in every ping will do. So, let's go ahead and get this show started on terrific Thursday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show. Right now we got a mixed bag out there. The mix goes like this. The Dow is up 17. The S&P is up 21. The Nasdaq 100 is up 180. The Russell is flat. The Semi's are up 110. The Trenes are down 118. Gold is off 25 bucks. Silver's off 60 pennies. Light's recruit us up a buck 40. Natural gas's off 11 cents. 30 or Treasury down a buck. And 1.14 ticks. Trading out at 124.24. Now, lead the charge to the upside. You've got aligned technologies. A $60 move or 17% lamb research. $56 move, nearly 9%. KLA Corp up 7% or 32 bucks. Asmil Holdings, 31 bucks, 4%. Mercado Lear Bay, $23. That's a 2% move. To the downside, Initia Pultley leading the charge up $192. That is a 9% move. Reiling automotive down nearly 4% or 37. Grainger worldwide down 29 or nearly 4%. S&P Global down 7% or 30 bucks. Belmont Industries, $22 move. That's nearly an 8% move to the downside. So let's begin like we have in the past. Let's begin with market breadth. Where are we at on the short-term timeframe charts? Here is the NQ. You are 10 above, 50 below. So that is a negative market breadth reading. For the S&P 500, we are 104 above, 239 below. So 30-minute timeframe charts, we'll go take a look at those. Our negative market breadth territory. How about the other four, the 60, the 240, the daily and the weekly. When we take a look at the NASDAQ there, bullish for each of those timeframes for the S&P 500, we're dealing with the same thing. So just the 30-minute charts right now that have that negative market breadth. What's going to be really key to be watching and observing today? I would have to say it's going to be these numbers. The ES mini, 4609, 25. Why? Because the close above that will negate a TD9 count or a Roadsman Dominicator top out there. And that would suggest higher price. The level that the NQ has to close above to negate its signal is 16062.75. However, close above 15, 681 at day's end increases. You can't see my charts. That's weird. Not over to tell you. Duffy, they're up on the, and they're streaming out there. Maybe reboot. Here, what is likely to occur is a close above 15, 681. Odds favor move up to 15, 967. For the Dow equity future contract, the number is going to be 35, 693. That's its TD9 count top. And the Roadsman Dominicator top inside the Russell is set at 2007. And each of those areas, our tests have been tested. So far at this stage here, the only one that is a successful test being trained above resistance is the ES mini. But we'll have to dig down into its charts to see if there's any kind of bottom signal. Well, Steve, why don't we just go ahead and do that? Okay, let's go ahead and do that. Let's do that right now. Let's look at our multi-time frame charts for the ES mini. We'll look at this for the equity future contracts. In the upper left-hand corner momentarily, you'll see the ES mini, the daily time frame. And you'll see that Roadsman Dominicator signal that confirmed back here on July the 20th. If we take a look at the five-hour chart, the five-hour chart is in the process of potentially forming a Roadsman Dominicator top. I say potentially because it's 11-11, and this candle session does not close till 2 p.m. But if it does form that bearish reversal candle and price does close below its oscillator and change line, that would suggest a move to 4590, 4572, 4563, or even 4545. We won't really know until 2 p.m. If we take a look at the four-hour time frame chart, this candle here is going to close at 2 p.m. as well. Also a potential Roadsman Dominicator top. Also testing oscillator and change line support. If price closes below that, its next area of support would be 4587 below that between the range of 4563 to 4569. The two-hour chart has already confirmed a TD9 count top. So let's take a look at it. Here you've got the TD9 count top that completed. It completed as we came into the 10 o'clock session. And now we have price below its oscillator and change line. That suggests to you and I, prices gunning for its next level of support. For the ESMini, that level is going to be 4605. 4605 is the top of the daily profile. If price gets inside there, then it's the bullish structured area of that profile between 4588 and 4594 that become the price targets out there. That's coming from the two-hour time frame. The one-hour time frame confirmed a sell the D-point pattern. Its level of support is way down here at 45... I don't know where it is. No, it's below support. The only profile that form is below support. If I take a look at a 30-minute time frame, I don't really have a topping pattern per se, but we do have its price below support. Next level of support for the ESMini is going to be 4594. 4594. 15-minute time frame chart is going to for 4607. 10-minute time frame chart is going to complete a TD9 count at 1120. That could. If you watch that pattern, if the low doesn't get taken out, you should at least see some type of intraday counter-trend move that would take up to the 4618 area is where price would likely run to. So that's a review of the ESMini. Let's try to get a feeling how would we summarize this. How I would summarize this is at first be watching the 10-minute time frame chart, see what takes place after 1120, I'm going to be watching 4608.25 as well. Those areas get taken out, odds favor 4605. Below that, I would go to the 2-hour time frame chart for its signals 4588 to 4594. Now let's go take a look at the NQ out here. The NQ, a moment just to pull this up, we know the NQ formed a rogement dominicator top. Price today found resistance at its oscillator and change line. That's up around the 15872 mark. If we take a look at the 5-hour time frame chart, there's no topping signal here. That suggests price wants to move higher. In the 4-hour time frame chart, there's no topping signal there either. It does appear that the 2-hour time frame chart may form a TD9 count top. The reason I say may is because at 2 p.m. price has to close above 15762.50 or 157.85. So I don't know if that pattern is going to unfold or not. If we take a look at the 1-hour time frame chart, we do have an existing top. And price is testing support. So this is going to be the most helpful chart, at least at this stage here for the NQ. And that says, because this is bullish profile support, if we see it close below 15769, that's going to then signal move back to 15697. But as we speak, 1114 in the morning, support is being tested, support has held. We'll be right back. Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute Webinar Archive. He just hosted Forex Strategies and Fundamentals What is Behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN Educating Investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  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. He started his trading career as a student almost 20 years ago and the student has now become the master. 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Toll Free at 1-877-927-6648 internationally at<PHONE_NUMBER> Good back folks, let's get to a couple of questions, just a couple have come in, so let's go and get to those. The first one, I've got to do some reverse order. Dennis was asking about the short-term outlook for the Q's out there. I think I answered that question but let me be real specific here. We're taking a look at the, and I'm not going to go into all of that. I'm taking a look at the NQ chart because this is going to provide us with all the data that we need here. So in the case of the NQ, we've got that 60-minute time frame chart, that's the only one really that I can rely upon right now for any kind of accurate information. We know we have a confirmed TD9 count top and we also know that price has pulled back to test support. That support level, let me see, oh I see I've got a host chat, so let me see what's going on here. If there's a problem with the system, give me a second here. So let me just finish this out here. So with regard to the NQ, price is sitting at support. It's just, and you're looking at asking about short-term, I would say on a short-term basis, if price on a 60-minute basis is able to close about 15, 796, price makes a run for its TD9 count high out there. So that's the very short-term look that we have. If the ES, the YM and the Russell 2000 take out those resistance levels that I shared with you earlier, then I'm going to come back here and say with regard to the NQ, it's likely going to take out its top two. Not a guarantee, but likely. And then what I would say, this is the last five years for the NQ, so I'm showing the seasonal pattern out here. If those tops get taken out, then the seasonal structure within the last five years, on average, has moved up into the early September or late August timeframe. That's the last five years. If we take a look at the last 10 years, price has moved up into about the middle of that. That would be my shorter, longer-term prognosis. If in fact those topping patterns inside the indices begin to fail. Now, a much different pattern on, say, the last 37 years. The last 37 years says the top that we see that's already taken place should take us lower into the September, October type timeframe out there. So that answers that question. I hope that answers your question there, Dennis. Now let's go to our caller, and that is going to be Mike in Ormond Beach. Mike, thanks for calling. Thanks for holding. How are you today? I'm doing great. Now I want to thank you for taking the time to share your photos with us about your trip. He's just, you know, it's really interesting to me. Well, thanks. Thanks for that. But I've got hours and hours. It was such a cool trip to go back so far in, you know, in history. So very cool. I know that you didn't call just to talk about that. You wanted to take a look at the GDX, which could be forming an A to B equal CD to the downside. But tell me what you're calling about how I can best help you. Okay, Steve, I see that we're inching our way into GAP that occurred from July 12th to July 11th. And as of right now, it looks like it's a lot less volume, but we're not at the end of the day yet. But with your opinion of we think we could see a good cradle bottom into the X. So, yeah, great question. And I'm watching this and I'm watching this because I'm long metals. I'm long mining out here and what I'm watching specifically is going to be the swing point right now from July the 24th. That low is going to be really important at day's end. That low is 3101. If we close below it, we're going to have so the volume on that candle was 10.8 million. Today, we've already done 8.8 million. So, we know we are thrusting lower into that breakout session that you were talking about that had 44 million shares to the upside. So, there's a possibility that the low from July 24th will hold. If price close above 3101, I don't even care what the volume is. I mean, I do care. But as long as price holds that, then there would not be an A to B equal CD pattern to the downside. If price closes one penny, and it's really got to be more than a penny, but if it does close one penny below 3101, then that would trigger an A to B equal CD to the downside. Now, the one-to-one price projection, I can give you the approximate out here, is going to be approximately about 30 bucks, 29.96 or there abouts. So, if price does close below that 3101, then I think the answer to your question would be we would the buy would be a confirmation of a buy the D point or a Gartley buy pattern. And the price starts moving down in, you know, completely fills that gap. It still could be targeting the swing point or the high of the swing point from June the 30th. When I look at a weekly timeframe chart out here, we have a sell the D point. We have a wave number 7 pattern but we also have a TD9 count bottom. That TD9 count bottom has led to a consolidation with inside its profile. So, the consolidation pattern here Mike runs from 2912 up to 3240. On a monthly timeframe, price is just simply pulling back and testing support that's at 2956. So, everything still looks good volume wise, so to speak but there is the threat of a potential A to B equal CD to the downside and if we get that, that would be the next buy signal. If we don't get that in this area holds, do we get a buy signal? You know, for that I'd say we'd probably have to go more back to the gold charts and see what's going on there and look for some type of bottom signal. Does that answer your question or what additional questions do you have? No, that's pretty much it Steve. You pretty much told us the important thing. If we get a close below the 3101 we're likely to set up the ABC down. So you always have really good resistance and support levels and that's very helpful to me. Perfect. If we do get below that 3101, that could be setting up a I guess I can't say, I was going to say a Tiger Gartley, but the reality is it can't because then we'd be passing the B point with volume. So forget that last comment I wish I could hit the rewind tape I just did. So that's where 3101 is going to be the key level for us to watch and observe today. Alright Mike? Alright, thank you very much. You bet you have a great day and thanks much for holding the little extra hold there as I didn't see the call and we'll hopefully hear back from Mike in Orm Beach sometime here in the near future. Let's go take a look at the next request that came out here. This is from John in Milwaukee and John wanted to take a look at Proctor & Gamble and his question is, is it a buy or where is the buy for a one year hold? John, as we take a look at the daily time frame charts here for PG, we see that yesterday was a completed TD9 count top. So where's the buy? Now even though it's got a completed TD9 count top its overall signal is neutral. The reason it's neutral is because price is above the top of its daily profile so it's above resistance there. It's also above a green oscillator and change line. The green oscillator and change line is bullish. When we're above that says we have a rising price oscillator above zero. So the overall signal at the moment is neutral. That doesn't mean that price won't pull back to test support. It should and support here is between the range of 150204 and 150253. Now the real key level has a potential buy for you. If the move lowers only a counter trend move then support should be at 151.37. That would be the area John that I would be looking for. Now of course you'd like to see price pulling back with lighter volume lighter than what? I'd say lighter than at least the candle system July 21st that had 9.9 million shares. On a weekly time frame all we have is price moving into its bearish structured cell zone. It's a decent cell zone. It ranges from 153.53 to 158.11. On a monthly basis Procter & Gamble is trading above its green oscillator and change line and the top of its profile. But it needs to close on Monday above 158.208 in order to make in order for that statement to have really any substance to it because if we do get that close its signal is it wants to longer term move higher. But you got to have that you know you're in a turbulent zone between the 153.158 area and the dailies got a TD9 count. So let's do this here. Watch the pullback further pullback and let's watch. Let's see what happens should price get towards that 151.37 level. Steve Rhodes with TFNM we get back to this red green taking an AQST for Dan in the Tigers Day. 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Watch online at TFNM.com or on TFNM's YouTube channel and become the investor you were born to be TFNM Educating Investors here for Accusive Therapeutics AQST is the ticker symbol beautiful chart patterns out here forms a TD9 count top it does this on the trading session of May the 12th that ends up leading to an A to B equal CD to the downside that forms of the TD9 count and by the D point a gigantic hammer, Dano from June the 29th out there such a real key level of sport which was also really right at its breakout level of a buck 29. Now what price is trading above the top of its daily profile so you want to see two consecutive close above a buck 70 if you get that that says that price should run higher now I say should because what price needs to first do on a weekly basis take out that green oscillator and change line and that's printed out at 177 let's call 176 but as price moves up that'll move up just a tad so what you really need to see here for this to start moving to the upside is a close above 177 that will get it back inside its weekly profile and then that would be signaling to and I move towards a 207 to the 216 area the weekly chart is nice because you are trading above profile you happen for three months out there so the month no problem here with the monthly no problem with the daily the issue is really overcoming that green oscillator unchanged line out there so if you do that Dan that should continue to move higher out there this is going to be day number three the market moves higher out there we take a look at what typically happens after three bar move out here what do we see well we pretty much see for the most part we pretty much see pull backs out here so I would be preparing for some type of retracement to begin you know tomorrow Monday something along those lines out there but you know the resistance level that's going to be the key area for you to continue to watch and observe so best of luck there let's take a look at slumber J SLB is a ticker symbol so let's pull that up on our screen slumber J has triggered a rogment of indicator signal now a lower high today will confirm a wave number seven that's a letter G top so as long as price is not spike above 5822 flex you're going to have a wave seven top does that mean that's going to move lower no really the signal right now is neutral it's neutral because prices trade above the top of its profile on the screen oscillator and change line but if it loses 57 62 gets back below that then it will have lost its momentum and likely signal move between to the 5483 to 5576 zone the weekly time frame chart will confirm a TD nine count top this week and complete that pattern next week that says watch the daily time frame for your signals out there wave seven could be at bearish reversal candle it generated rogment of indicator top but again it's the top profile that green oscillator and change line that are really the key levels to watch the monthly chart looks beautiful when I say beautiful I mean because prices trade above the top of its monthly profile 5691 you'd love to see a close above that come Monday but the weekly says caution the daily says caution out there so the eyes need to shift to the daily to continue to watch it but right now it's overall signal is neutral and I've go neutral to bullish so much I hope that helped you out with regard to slumber J and best luck to you on that trade Peter from Park City wants to take look at one of his favorite things to trade and that is the euro so let's pull up the charts here for the euro see what they're doing on a monthly basis if we pull this back the euro is just dealing with a trend line that is trying to get back into so that's what it's dealing with it's struggling to do that on a weekly basis price right now is dealing with its oscillator and change line is trying to hold that level of support on a daily time frame price is pulling back you've got bar number seven perhaps on a daily time frame we form a TD 9 count bottom now that couldn't occur until tomorrow to next Tuesday out there so I'd be on the watch for that as one possibility the 30 minute time frame chart does not have a bottoming signal but you could get a TD 9 count bottom price still needs to spike low of the day and we need to do that within the next hour so it's 11 30 bar number 8 is at 12 by 1 o'clock price would have to spike below let me give you that number that's got a spike below it would have to spike below 1.0983 if it does that you could be on a 30 minute time frame getting a short term bottoming signal it's the only time frame that I see that has a potential bottoming signal out there so Peter I hope that helps you out with regard to the euro if not right back and I'll try to get you the information that you're looking for John inside the Tigers down let's go back to those we close this out just free up a few resources out here let's go to the next question which is from John inside the Tigers down and John wants to look at Carvana CVNA so let's get to that actual chart out here and Carvana right now pulling back formed that TD 9 count top so had a beautiful day a week ago plus big move to the upside that generated or confirmed a TD 9 count top pattern was completed the following day now we have a price pulling back it failed to hold its first level of support that are in change line so now we're below that the next level of support is the top of its profile 4040 if in fact Carvana CVNA is bullish where will find support well could find support in 4040 but the real level the real key level there John is going to be at 3616 that's where a counter trend move would typically find support now on the weekly time frame price negated its TD 9 count top weekly this says it wants to run higher on a monthly time frame price above profile it's also in change line it's also saying it wants to run higher so I'd be looking for a bottom pattern on the daily time frame it's not there just yet it could be because a low of the day so far I love the day so far is a 4067 the top of that profile 4040 I would say more likely than not to be watching at 3516 level that doesn't come into effect until you get below close below 4040 out there so that's what I would be looking for I hope that that helps you out as well I think we've got another request or two I just didn't get that so let's see here and you and TJX okay so let's get over to that area and let's start building those charts so let's take a look at micro and you as a ticker symbol this is for Bob and Spokane and you also want TJX let me just type that in so I make sure I get that and then long-term hold got it okay perfect so with regard to micron micron that gated is TD9 count top yesterday so that pattern went by the wayside it's above profile it is traded into resistance which is the weekly profile that's at 7142 out there you're trading above monthly so the key area of resistance for micron MU is a ticker symbol it's going to be that 7142 if price can close above 7142 if it can do that tomorrow that's going to signal that it wants to go test the swing point from June the 2nd the Sunday weekly base that we're looking at that hides 7477 now there was 86 million shares that traded on that week so far this week we are at 43 million shares so we're coming into that swing point with lighter volume nonetheless a close of 6792 still because of close inside the swing point still suggest you could get up to that high that suggestion that would have to come by overtaking that 7142 level so 7142 is the magic number out there today's going to be the third consecutive move to the upside micron typically pulls back I believe it typically pulls back after a 3 bar move 3 bar consecutive move let's take a look at it and the answer is yeah it loves bar number 3 I do see a few 4s and 2s out there but it loves 3 bar moves so I would expect that micron is going to form a short term top by tomorrow Steve Rhodes with TFN we'll be right back and we get back we're going to take a look at TJX but I would love some additional requests as well Steve at TFN.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 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you've got the Idao up 60 the S&P's up 24 NASDAQ one is up 216 Russell's off 3 Semi's are up 123 Tranny's down 53 out there we're going to take a little time and take a look at TJX take a look at this chart here it says it's all time highs look at the monthly time frame chart we don't see any kind of topping pattern there is a signal for roads meant to indicator signal but that's it you're trading above profile TJX TJX is suggesting it wants to continue to move higher now if it's going to continue to move higher what it needs to overcome is going to need to overcome a potential TD9 count top that could form between this week and two weeks out so long time another couple of weeks out there it is bullish you also have wave number 7 but that needs a lower high in order to confirm that pattern out there you're above profile you're above the oscillator and change line the weekly time frame is bullish on a daily time frame the daily time frame has an A to B equal CD pattern out here and that A to B equal CD pattern would get I sell the D point pattern would get confirmed here's what it looks like I'll just draw it in it's more than a 1 to 1 A to B equal CD but there's your A to B and I'll just simply move this over to the C point and there's a retracement there's a C point it gets beyond the 1 to 1 if you do get a bearish engulfing or well bearish reversal candle right now it's a bearish engulfing candle that will then go ahead and confirm a sell the D point pattern alright but it's signal would still be neutral why because price above profile price would be above its oscillator and change line I don't know where it's at at day's end the price closed below 86.94 this is TJX it will have lost its momentum time frame it will have generated a topping pattern and its first level of sport will have failed that would then suggest move back to its second level sport and that would be at 86.01 84.83 as another area of support and 83.13 those are the weekly oscillator and change line and the monthly top of its profile but overall TJX looks very strong but it may be getting ready for a bit of a pullback out there all depends upon today's candle so I hope that that helps you out whoever you were apologize I didn't write down who made that request but I do appreciate it there was a quest for the SMH's I forgot to write down who made that request sorry about that in the SMH's having a nice day out here up 120.3% but all it's really doing is consolidating with inside its daily profile that's after forming a roadsman to Mindicator top that being said prices currently traded above its green oscillator and change line which is 158.74 that increases the odds that price will make its way up to resistance and that is at 160.79 and a price close above 160.79 it will negate its daily roadsman to Mindicator top and if it close above that level tomorrow it'll negate its TD9 count for the week and it'll have done that in one week and that tells us about a strong upward momentum move would be underway for that specific time frame and we look at the monthly chart really any close above 159.35 we're at 159.84 right now 159 that's the high 159.35 159.41 a close above 159.41 negates the monthly sell signal roadsman to Mindicator signal form way back in January 2022 and that would then suggest a significant move higher out there well if that's the case let me come here and take a look at the seasonal charts here for the SMH's let's try to get a feel for whether or not there's something here that we are looking at so let's pull up the SMH's and let's look at multiple time frames let's start with the short one so the shortest I can do is a five year and at a five year time frame so over the last five years the SMH's don't typically peak out until about the first week in August that's a five year deal we take a look at the last 10 years last 10 years price doesn't typically top out until Monday this coming Monday we take with the last 15 years last 15 years same kind of thing not until Monday and lastly if we take a look at last 23 years last 23 years says a top that forms that typically forms around the middle of July gets tested around the end of July out there so that's the seasonal pattern inside of the SMH's but I would say Monday the real key number to be watching is going to be the high from November of 2021 that's 159.49 159.41 we're trading above it right now you close above that and negates that resistance level it suggests to move higher yes 160 79 is a another key area to be watching here which we will do and that's on the SMH's I believe there was a gap there was a request to go take a look at MUX out there MUX at McEwen mining I believe it is MUX the ticker symbol trading out right now at about $8.51 it is trading with inside it's daily profile now it is a barestructured profile the price is trading below 866 which is the green oscillator and change line so it is definitely lost momentum or at least lost momentum as of 11.47 in the morning this would then suggest that a close below 866 because it's a barestructured profile that MUX would pull back to the $8 level $8 the bottom of that profile we can see on a weekly time frame that price formed a TD9 count bottom and that took price right up to TD9 count breakdown resistance at the 9.11 area so on a weekly basis you really need to see a close above 9.11 to say that this wants to go back and test its most recent highs from back in April on a monthly basis you have a new profile that is forming that new profile is barestructured with the resistance level being the top at 9.32 the center is 7.29 and the bottom at 4.58 we won't really worry about those because it's really the daily chart that we're focused in on right now that daily did form a TD9 count top and again most likely with the MQ and mining MUX is doing is going to go make a run for that support level down at the $8 level so McGuppy I hope that helps you out could you please look at MUX looking for a longer position looking to add so I think at this stage here it's got to be that $8 not that $8.17 can't hold a support which is the top of the weekly profile so that really becomes your range what you'd love to see then is you'd love to see some kind of short term time frame chart as prices approaching that area you'd love to see some type of short term time frame chart 30 minute 65 minute that shows you some type of bottoming pattern out there that's not what we have as we speak right now in fact the 30 minute chart we're going to get to $8.16 that is suggesting anything else so hope that helps you out McGuppy thanks much for taking the time to write in much appreciated I don't have any other questions that I know of let's take a quick peek here let me just make sure yeah that's been a quiet day on the email front so where do we want to go to next where do we want to go to next we cover the GDX but we didn't cover gold I believe so or if we did then Stevie's having a senior moment and I will apologize well before I actually pull up the gold charts but now we got the gold charts so now that we're here we're committed what do we see when we're looking at gold well first we've we've rolled over into the December contract what we know about gold is it's key level of resistance is of 2020 to 90 that number is going to change this attack that happens be that weekly us that are in change line if you look at the daily timeframe I guess we did take a look at gold we saw that pulling back to a key area of support I guess we did that during the update yeah that was during the update and what price was doing was testing the bottom of its daily profile in the center of its weekly profile and that's really between the range of 1980 80 to 1994 90 so so far that area is held if that area fails odds favor price pulling back to its breakout level of 1954 30 the 30 minute chart does not have a bottoming signal nor does the 60 minute nor does the 120 minute nor does the 240 and nor does the five hour timeframe chart so it's really going to be all about the support of the daily profile nineteen 83 that's the number zeroed to a tf and n will be right back if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30 day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of tf and n dot com tf and n 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 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of this educational community of traders just visit the front page of tf and n dot com welcome back up folks so we're taking a stock charts here for a census surgical ASXC having just a horrible day it's a stock that was selling for about 50 cents yesterday woke up and fell out of bed and it's now trading at 31 pennies out here I don't have any good news prices certainly targeting it's a weekly roadsman to indicator bottom from swing point head bottom of 6 million shares you're already at 11 million shares for the day the week is already 13 million shares so it's pulling back into a swing point that has a low of 28 cents that 28 cents is going to get tagged that may get taken out it gets taken out where does it go to I say where would go to somewhere between zero and 28 cents so you've got massive volume coming out of this thing this does looks like a little stinker and I don't know what additional help that I can be for you on ASXX ASXC but it doesn't look good thank you for the request though much appreciated Steve something for the end of the week to review correlation gold in the dollar especially the dollar has turned sure we can go take a look at that chart we can put that together I think we can put that together relatively quick so let's go over to Steve's black background chart this is for Mr. Bill we take a look at the correlation so we got gold up top we got silver below that was correlation between those two instruments let's change this out let's get this to the US dollar index that'll pop up here momentarily or try to DX and then one more spot that I've got to change that that's at the bottom panel and here we'll just simply take a look at the correlation between the direction of the US dollar DX and Goldilocks this is set at a five-day time frame and the bars at the bottom the bars at the bottom tell you when the bars are below zero I should say tells you about the inverse correlation higher dollar lower gold and when bars are above tells you they're both moving in the same direction so we can certainly say that for the most part out here yes we've got that inverse relationship that for that mostly is in place out there and that's how we go today folks day two and you've got great programming lined up for you I'll be back with you on fantastic Friday but first you have a terrific Thursday be safe out there and we'll see you again soon take care


Hey, my name is John Griffith, and this is Matt Molesky. We're from SolidFire, and we're just going to go through and show you a couple of new features in Cinder, kind of a little demo on how to use them, and then also how to use them with the SolidFire cluster. So first, I'm going to let Matt tell you a little bit more about SolidFire and the SolidFire cluster, and then I'll come back, and we'll go through some Cinder stuff, and kind of go from there. So what we have here, SolidFire is a scale out, all flash, iSCSI storage solution. Looks more or less like the picture you saw in the previous slide, but we can go anywhere from the five-node cluster picture there to 100 nodes. So anywhere from around 60 terabytes capacity to two petabytes and 5 million IOPS scales quite a ways up. Each of the units is just a 1U appliance. There's really no top of rack controller node or anything like that. Every node in the system is contributing both to the storage capacity and performance, as well as management functionality. So eliminate all the single points of failure and really end up with a solution that matches with the Cloud Paradigm in general, which is to have scale out, not scale up. Usable dollar per gig is going to be a lot similar to performance spinning disk after you factor in inline de-vocation compression and in provisioning, you're going to end up around $4 or $5 per gig. So very competitive there, despite the additional performance that you're going to get from flash solution. And past that, it's all about quality of service.  So you create a 10 gigabyte volume, you need to do 3,000 IOPS or 5,000 IOPS or however much. It's really the whole idea of being able to provision performance capacity independent of each other. You don't have to worry about drive groups or RAID levels or LUNs or anything like that. And finally, it's got full, complete management automation. We've got a REST-based API that every call is accessible to the customer. There really are no functions that aren't automatable on the system. And that's how we plug in here. We've got the Cinder Block Storage service. It uses a volume driver to integrate with our REST API so that when you go and you type Cinder Create or you use Rise into Creative Volume or whatever have you, Cinder will be able to reach out to our storage solution and create a volume with really no administration overhead. You don't have to go back to the sand and do any LUN administration or anything like that. So that's just a quick overview. I'm going to hand it back to John for a few minutes. And he's going to show you some of the Cinder functionality that we can use with the SolidFire system. OK, so first off, you're going to notice Rooted Grizzly, Rooted Folsom. Everything that is on here is actually running Grizzly. But one of our nodes is actually named Folsom. So don't be confused. Anyway, so in Cinder over the past six months, we've done a number of really cool things. We've fixed up Boot from Volume quite a bit and made a generic across all of the iSCSI devices. We've also added multi-back-end support. We've improved some of the things that you can do in volume types and extra specs. So what I'm going to do today is I'm going to run through real quick, show you how to create volume types and how to create extra specs for those volume types, in particular, related to SolidFire, showing you how to use those extra specs for QoS settings. And then what we're going to do is my other favorite feature is that Boot from Volume. So we're going to show you how to boot up some volumes to run a tool, a performance tool we call VDBench and do some IO testing against the SolidFire cluster. So for those of you, most of you are really familiar with Cinder. So basically, we're going to use an admin account. And here we have that. So let's go ahead and just create a demo type. And I can't type. And then we want to assign it some extra spec information. So we take the UUID of that type we just created and do a set. Do you want me to set a max? 100. Do 100. XIops equals. Keep the max under 10K somewhere. Let's do 8,000. So you can see those are the different QoS settings that we can use on the SolidFire cluster. So we'll actually look for those minimum, maximum, and a burst. So we'll go ahead and set those. And now we should be able to do an extra specs list and make sure and sure enough, we've got our volume type with our QoS information. So the next thing I want to do is I want to go ahead and create a bootable volume that will be on the SolidFire cluster. Which one of those types would you like me to use? Don't care? OK. So let's go with fast. Everybody want fast? Fast it is. The first thing I want to do is I want to get my image ID. So we'll use this Ubuntu 1204 with VD Bench. So I do a cinder create, flavor. One. Flavor one. And we'll do fast. You don't need a flavor on that. What's that? You don't need a flavor on that. Oh, hey, thanks. So I can get rid of that. And I can fix this.  OK, look better. Anyone? Anyone? Looks good.  Let's go 20 gig. Ready? All right. Oh, man, you're killing me. You did that on purpose.  Why don't you type not phone? It goes by name, not by ID. Oh, that's right. Yeah, yeah, yeah. I'll send the image ID in there. You had the image ID in there twice, it looks like. Either way, it takes image or name or ID, rather. No. This is going well. Excellent. Took me a while, but I got there. So if you have a Linux box with a good keyboard, it's a lot easier and works a lot better. I've been sabotaged by Apple. It's on your list. I should have given it a name, but that's OK. So we're downloading. So this is actually going out to Glance and pulling the Glance image out of the Glance repository and putting it on the solidifier cluster on this volume. One of the other things that we introduced that's really cool that Matt will show you is the ability to actually clone volumes. So actually, I'll show you, or try to, based on the last demo. It might not go so well. So rather than go through this process again of pulling the image down and loading it and putting it on the volume and everything else, what we can do now is we can just go ahead and clone this volume multiple times on the solidifier cluster. So it'll do everything on the back end for us. It'll be a lot faster, a lot more efficient. And we just use this as our base image and it has everything on it. This image, by the way, is a special image that has all of our VD Bench stuff, everything that we need to run our tests, all the configuration files, the Cloud Init stuff, everything else on it. So it's all ready to go. So let's do a Cinder Create. And we'll give it that source vol ID. You did paste. What's that? Oh, you got it. And we'll do another 20 gig. So the other thing that I should point out, so notice we did the volume type, we could also actually specify another volume type. So if we had another volume type with different QoS settings that we wanted to use for this particular image or this instance, we could go ahead and just assign, say, minus, minus volume type again and give it the other one. And it would use that volume type and those QoS settings instead of the ones from the image we just cloned. So as it stands, if you don't provide that, of course, it just pulls the ones from the one you're cloning. So those are ready to go. Awesome. I'm going to let Matt go ahead and show you booting him up in Nova and running the VD Bench test. So we'll see if we can actually show some IO running on these volumes, if I can remember how to do this. Yep. Don't you forget your meta in it. Oh, right. So we need to make sure we specify the user data that we want to pass into it, as we're going to do now. So I'm actually going to do this with a secondary volume. It's a little bit tricky to run IO tests against the root disk as I hop over to horizon here. It's a little bit easier to look at the status of my instances. We can also see the QoS settings over on the SolidFire UI match the volume type that we created earlier. I should see IO running here momentarily. We've got just enough battery left. 22 seconds. No pressure to bear with me here. So for those of you that have tried typing in front of a group of people, you know it's not easy.  Uh-oh. So that's pretty much the way demos always go, right? Yeah, you'll have to forgive me here. I think these guys are going to kick me off the stage. But I mean, that's really the end effect of it. It's the whole idea of provisioning performance capacity independent of each other. So you can have a 10 gig IO, a 10 gig 100,000 IO volume right next to a 1 terabyte 100 IO volume for your images. And that's really no different to the SolidFire system. You don't really have to worry about how many spindles you're using or anything like that. You have some aggregate amount of capacity. You have some aggregate amount of performance. And you can carve them up really any way you want. So I hope that gives you a good idea of what we're all about. If you want, please stop over at our booth. We're kind of over in the back corner over there. And other than that, we're glad to answer any other questions.


Okay, very good morning. Hope you had a good weekend. You'd be pleased to know my voice is now back to normal and It's coming up to 9 p.m. London time So I just wanted to get you up to speed ahead of the the week ahead and plenty to talk about and as you can see here I'm gonna really kick off the conversation a bit of a recap of of last week Of course, we saw things like hawkish FMC minutes We also saw the non-farm payrolls report come out on Friday and although the headline figure was a disappointment much lower than expected We did see the wage number go up to 4.7 percent way above expectations of 4.2 and the unemployment rate also dropped to 3.9 percent Expectations were for 4.1 so furlough fueled that US yield movement We had seen really dominate proceedings last week and that's what we're looking at here We closed at 1.7 6 6 percent in the US 10-year yield and that as you can see puts us just above the peak of where we were In around March time of 2021 and we're kind of gunning now and for around the 2% yield level of which we were trading back In around the kind of November December time really Q4 of 2019 So this being then prior to the actual pandemic and it commencing of course a lot of rationale here being now the fact that markets have moved quite aggressively pricing and Subsequent timing around the sequence as well of the Federal Reserve's normalization of policy So not only now we're expecting tapering Process to conclude by March. We're also talking about the idea then that we might see rate lift off and also the shrinking of The balance sheet and as you can see here in terms of US interest rates implied Positioning in short-end rates in the US from the different colors is basically as we've moved through Through time and the curve has got more steeper steeper to signify their more aggressive rate hikes to come For this year and actually pricing in very much So now that anticipation of March and there's been lots of big major Institutions coming out calling now for that March hike and penciling that in for the timeline So that's really going to be quite a key thing to account for this week Of course last week we saw in the equity space broad weakness overall, but under performance in those growth Stocks which are more sensitive to high yield movement. So quite an interesting sector plays with replying out So those are more cyclical benefiting generally the decrease is being less severe than that with what we were seeing in say tech names Overall and we'll be continuing to monitoring that quite quite closely And as far as crypto land is concerned as well And these are of course live prices trading through the weekend and after coming under quite significant pressure From last week We are seeing a bit of a bounce to kick off the the new week Bitcoin now trading back up about 4% at 42 Come out to 42 and a half thousand and that pretty much replicated across the board So theory is up just over 5 XRP up for Solana up about the same margin as well Cardan Cardano up around 4% as well. So decent gain seen there at the moment We'll see how sustained that can be Otherwise in terms of the news and a few things to get you up to speed on starting with the COVID picture I would say overall the general assessment has been now that the markets kind of moved On from generally Omicron and its impact even though that case rates have been sky-high as we've been seeing at record levels in Everywhere in mainland Europe the UK and the US and pretty similar We can expect from this week the market largely brushing that aside and I don't really see that being any Impediment to the continuation of some of the move that we've seen in yields of late now London according to the weekend may well be past the peak of the Omicron wave According to Kevin Fenton, who's London's regional director for public health. He spoke earlier today That's pretty much in fitting with some of the data that we have been seeing of late in terms of case numbers London of course was the UK epicenter of the Omicron variant other parts of the country case rates Are still moving higher at this point in time But that is somewhat lagging of London and London now Moving lower and also those on ventilators even though being Hospitalizations are moving slightly higher has remained very low and thus then we're not expecting any new types of restrictions to come in from the UK So all fairly positive you would say in that regard and in fitting was what Prime Minister Boris Johnson said in the middle of last week About no new restrictions force coming Now COVID-19 hospitalizations in the US some headlines You might have clocked our poise to hit a new record high According to a tally by Reuters by Potentially Friday this week So passing the record set in January of last year deaths a lagging indicator though remain fairly steady at about 1,400 a day well below last year's peak So the latter fact I think likely to keep Markets relatively calm on the matter at the moment despite some of the rising numbers on the on the top level Otherwise elsewhere on Brexit foreign secretary Liz trust so you can see down the bottom here She said at the weekend she would not accept a Deal which means goods from Britain being checked as they enter Northern Ireland the protocol is part of the Brit Brexit deal of course that prevents a hard Irish border by keeping Northern Ireland inside the EU's single market for goods She's repeated the UK's willingness to trigger article 16 the mechanism of the protocol article 16 sets out the process for taking unilateral safeguard measures if Either the UK or the EU concludes that the deal is lean to serious practical problems or causing diversion of trade It's very serious threat, but it's one. I feel that it's not credible and I think really two reasons for this Really strategic posturing to fire a signal of intent. She's only just coming in to now leave the negotiations after Frost stepped down unhappy with some of the handling of the pandemic rules in Britain and a lack of progress with the EU on Brexit so she needs to really make a stance to just kick off the new round of negotiations so it's unsurprising to be taking quite a severe stance at this point in time and Of course timing is key and her comments do come ahead of two days of talks with her EU Counterpart which is going to happen this week and she is also Meeting with Northern Ireland political and business leaders this week as well So so again supportive of that degree about them getting a fair deal and all nine and still be inclusive of that Of being of tied to Westminster and so forth. So lots of assertive comments Zero impact as far as markets are concerned and the risk I would say of articles 16 being triggered doesn't move Because of what she said again. It's just purely political optics at this point Otherwise other things I'm interested in this week the US earnings kickoff on Friday There are some other earnings in between but really the unofficial commencement It's been the big banks report, which is on Friday as you can see here JPM Bammell goldman's and Morgan Stanley will be coming out. Now. What can we expect here? Well, the biggest banks are set to Report record profits. This is for 2021. Thanks to bumper investment banking fees And also loaned expected losses on loans during the pandemic I don't really think that any of these are particularly going to move the needle So to speak because I'd say that The record profit figure I think is pretty much baked in and very much expected at this point in time All right, the other thing then to talk about is This and just having a quick look at the calendar for the week ahead Yeah, after a sharp jump in bond yields still that's gonna be very much something that if you're an equity trader Or looking at the equity performance as much as there's individual isolated Single stock news flow. Definitely the yield movement might well dictate and definitely give clues towards any disparity and imbalance between The different three indies major indices in the US between that of the S&P Dow and Nasdaq as we continue to monitor the tech space quite quite closely the other things looking out for is Reports on December retail sales and US industrial production will come out on Friday For the former so retail sales analysts at the Dutch bank ING note that the figure may be close to flat with falling auto sales dragging the headline number down However, they do know that that is supply related due to lack of cost to purchase Rather than weakness in demand So perhaps not to read too much into the one-time weaker number that we'll we'll see in that December print Otherwise Fed chair Jerome Powell testifies on Tuesday That's before the Senate Senate Banking Committee and this is in regards to his nomination for his second term at the Fed chair So typically we don't really see too much in the way of much interest in these comments. It's more just a Formality if you like and similar will happen two days later with Fed governor Brainard She appears with the same panel of the confirmation hearing on her elevation to the vice chair position And again, they won't let anything slip. They're not really going to say anything too new I would say are the politicians really going to challenge them too much on the recent rate pricing probably not because politicians have a different agenda So as much as I'd keep an earring and an eye out on those those speeches during the week I don't think they're gonna be particularly probably too shocking The big thing of course for the week of is US CPI that is going to be The main release the the markets we're looking out for that comes out on Wednesday particularly in the context with the focus on yields and Fed timing on their rate hike and The reason why is because the year-on-year is expected to come in at seven percent Through December and climbed zero point four percent on the month earlier That's if it comes out with in line with expectations and of course the inflation surge Underscores largely then why US officials are preparing for a quicker Normalization and monetary policy than previously anticipated the jobs data, of course that we saw although weak on the headline as I said overall adds to the case and evidence of a tighter labor market and therefore gives the Fed the ability with this Very high inflation print that they've got to act sooner and later. So hence the reason why we've seen What's materialized over the last couple of sessions and other Fed speakers coming out this week? Mester George Evans and Bullard all on a docket and then moving away from the states from China mid-week You get their latest price data So inflation metrics could offer more evidence that inflationary pressure may have peaked there at least for the time being while trade Figures in China are also coming out at the end of the week and are set to know show new annual Export record as Beijing sticks to that COVID-19 zero Tolerance strategy that keeps its factories open though taking advantage of some of the recovering global demand seen elsewhere at this point in time and then elsewhere finally on Friday Highlight coming out in the UK monthly GDP and industrial data for November is going to be released Probably showing the fourth consecutive increase analysts suggest that growth figures the GDP numbers Supported by a decent month for UK retail and a bounce back in hospitality after a week October and not forgetting as well that this would also start to see the contribution of the new vaccine booster program Starting to come into play as well So that is it for the week ahead. So again, really the main highlight is going to be US CPR Wednesday Definitely yield watching once again a couple of bank earnings kick off then at the end of the week The reporting season and then you've got some Chinese metrics coming as well in the mid part of the week in inflation And also trade data as well to look out for so that's your wrap. Good luck for the week ahead Remember no daily macro briefings for me anymore, but of course you can get my daily note every morning at the European Open if you follow my Twitter handle here You can just go to the Amplify me.com Forward slash market hyphen maker for the daily newsletter as well from myself But otherwise take care stay safe and have a good week ahead


It's a great pleasure to be here. Yes, thank you. We're honored to be here. Nice to see you. Nice to see you. It's a great pleasure. Thank you. Thank you. We'll do the church. We'll be shy. It's not too much. We'll do the church. We'll do the church. We'll do the church. I'm supposed to be singing a song. You're supposed to sing a song. Yes, you may be singing a song. He said that to him. He said, I tell them the truth. He don't even think it's right. We're about to leave it. The arrived restaurant. Yes. The Canadian number agree. We're 30 years from now. That's too much to admit. I am. I'm athchaged. 30? Well, as the President has been, it's a long time down the dance. It's a sport you've got, so I draw a castage. They have to win at the last 21 games of the season without losing one. And they have to see the record in baseball history. In Chicago. Hmm. It'll be back home one day. Mr. President, it's early, right? So when you're not disturbed by the task reactions, negative to your speech? Never get good reviews from tasks. Mr. President, do you expect this because it has to drain them? Oh, between friends. Well, I didn't say that. Okay, guys, that's it. It's over. As part of Prime Minister Mulroney's visit to the United States, it's most appropriate to recognize our close and continuing cooperation in the pursuit of the many peaceful opportunities of space. Canada was our first international satellite partner during the early days of the space program. And that partnership has grown stronger ever since. Most recently, we watched Canada's contribution to the space shuttle perform with perfection. The remote manipulator system, better known as the Canadarm. It's been used on almost every space shuttle mission in this past April. The Canadarm retrieved the crippled Solar Max satellite and then placed it safe back into orbit after repairing it on board. And today, I'm delighted to have the opportunity to introduce Canada's first astronaut, Dr. Mark Garneau. Early next month, Mark will be aboard Space Shuttle Mission 41G and will conduct about 10 experiments in space science and technology and life science. These important experiments will help build a better tomorrow in space and right here on Earth. Mark is joined by two other members of next month's shuttle, Bob Crippen, the mission commander, and Kathy Sullivan. And Bob commanded the mission when the Canadarm was first used to deploy a satellite and was also aboard when Solar Max was retrieved and repaired. And Kathy will take the first space walk by an American woman, and I know how she's looking forward to that opportunity. Space Shuttle has opened a new era to pursue the many scientific, educational, industrial, and commercial opportunities of space. And I'm proud that Canada is an important part of this adventure. And as we work to meet the next challenge, the development of a permanently manned space station, we want Canada and all of our friends to join us. Our future can be shaped by our dreams and visions. And working together on the Space Shuttle and our space station, we can push back the frontiers of space and open the doors to discovery, opportunity, and progress. So, Mr. Prime Minister, let me close by presenting you with a photo album showing the Canadarm being used. I'm turning the wrong way, except I had to get this, didn't I? This also, it shows the Canadarm that was used on all the previous missions also. And also, we have a plaque, which I think we will just display and get to you without us taking it, not that we're not both able-bodied. We are, but this contains the U.S. and Canadian flags that were flown on previous missions when the Canadarm was being used. So please accept these as symbols of our strong friendship and our confidence in a bright future for both of our great nations. Well, Mr. President, in a recent election campaign, my party and I campaigned on a program in part of refurbishing the relationship, historic relationship of trust and friendship between the United States of America and Canada. And this implies no subservience. It invites merely a degree of maturity and understanding that our trade and our technological advances hinge upon an excellent relationship, which my government and I will always work towards improving. And I think, Mr. President, the indication of that in the past is the joint efforts that we have made in space in the peaceful pursuit of mutual objectives in that area, as we will continue to work in the peaceful pursuit of a durable peace for all mankind. And this, I think, symbolizes what two sovereign countries can do together. So, Mr. President, I am particularly proud to be here today as an object of special pride for us from Canada, who will join you and your colleagues in a very close future in a spectacular initiative. So, Mr. Garnaud and his colleagues, we all say our sincere thanks and congratulations to you, our astronauts who are symbols of accomplishment and valor and courage and unity, symbols, hopeful symbols for all mankind. Mr. President, to you and your colleagues, my thanks and to the astronauts, our warm good wishes. Thank you. Thank you. To start to design really free space, instead of having to endure the acceleration of the ground, we can start to think about constructing a space that's really adapted to living in space and working in space to be able to make it much more complex and do what we have been dreaming of and continue to maintain a repair of the standards on so that it will last the name of the year. Mr. President, thank you, sir. Thank you, sir. We're looking forward to giving you a good success mark on this as well. Mr. President, just before you leave, although we're in a period of some austerity in Canada, we would like to make a presentation to you of symbolizing Canada's contribution to our joint effort. Well, thank you very much. And we would like to convey the good wishes and the pride of the people of Canada. We wish you well. Thank you very much. Thank you, Mr. President. There you are. Well, it was with great pleasure that we welcomed Brian Mulroney back to the White House. He was here this past June and now returns to the Prime Minister of Canada, America's neighbor, ally, and most important economic partner and great friend. I congratulated Prime Minister Mulroney on winning a decisive and historical electorate mandate from the people of Canada. As the other North American Irishman, I also wished him well in his new responsibilities. The Prime Minister and I exchanged views on a broad range of global issues. We reviewed our common search to advance our agenda for peace, particularly the search for real and equitable reductions in the levels of nuclear arms. I told him that in our efforts to build a lasting structure of peace and security, we shall continue to value the experience, the council and the participation of our Canadian allies. A healthy North American economic relationship is essential to the prosperity of our two countries. We discussed some potential ways of increasing trade and investment between us. The Prime Minister impressed upon me the importance his government attaches to environmental concerns and we intend to pursue these issues together. Frequent consultations are one of the hallmarks of the relationship between Canada and the United States. And I told the Prime Minister that I look forward to continuing the fruitful dialogue that we had today. In addition, I've asked Secretary Schultz to continue the series of very productive regular meetings that he has had with his Canadian counterparts. Even the closest of partners and allies may not always see things in exactly the same way. But we agree to keep each other's interests in mind, to keep one another informed, and to hear one another out on the issues which may arise between us. We too intend to give our neighbor the benefit of the doubt. So I thank you, Mr. Prime Minister, for coming here today. And once again, congratulations on your decisive victory and à la prochaine. Mr. President, an hour ago, you and I had the great pleasure of meeting Canadian and American astronauts soon to be launched into space. No endeavor better underscores our friendship or so dramatically indicates the potential for cooperation by our two countries in the service of mankind than the peaceful use of space. Such an effort, it seems to me, demonstrates to us all the tremendous potential for improved cooperation and joint development of our two countries. Yesterday in the United Nations, you reached out to the Soviet Union with a message of peace and you invited the leaders of the world to join in what we can accomplish together. We commend you, Mr. President, for this appeal and for your leadership in this vital area. For our part, we intend to continue to seek opportunities for constructive dialogue with the Soviet Union and with Eastern European countries. We will continue to contribute, as we have in the past, ideas which may help yield results in our common search for peace and security. Our two countries have much to offer each other and I believe together to the world. President Kennedy once said that geography has made us neighbors, history has made us friends, economics has made us partners, and necessity has made us allies. We have, in common, the longest frontier not defended in the world. We will manage together a magnificent North American heritage. We defend each other, a system of values rooted in the splendor of democratic freedoms. We have, to this day, what I hope will be a constructive dialogue and permanent one on issues as essential as bilateral. The first mission of the new government is to make an economic renewal in other words to increase exchanges, to attract new investments and to seek new markets. By instilling a proper climate to a vigorous economic growth, we want to create new jobs that will improve the soul of our fellow citizens. The principal task, Mr. President, of our new government is economic renewal, to expand trade, to attract new investment and to seek new markets. By establishing a climate for vigorous economic growth, we wish to create the new jobs that our people need and we believe deserve. We wish to mobilize our very best talents at home and to seek out new partners abroad. We feel a strong external voice is based on a vigorous domestic economy. Our talks today have focused on strengthening and indeed intensifying consultation between the executive arm of our two governments and also between the Congress and the Parliament of Canada. We want more coherence in the management of our relationship and more action in regard to our shared priorities. And so, Mr. President, we must deepen our understanding of what we share together and of the distinctive interests we have in international affairs. And I thank you, Mr. President, for your generous hospitality and for a most satisfying exchange of views. Merci.


Wait a minute, me cats! You can't make a video on Pokemon Shield! Now, my favorite YouTuber already gave me his opinions! That means your opinion is wrong! Now that we have that over with, alright, Pokemon Sword and Shield. Well, I mean, I guess Pokemon Shield for me, it was, uh, it was okay. You know, it's not some magnificent work of art, but, you know, it's not completely terrible either. You know, I know that a lot of people are people watching. I've already gotten their opinions from some other reviewer YouTuber that was like, I gotta go quick! I gotta go fast! If I don't get my video out first before everyone else, how would I get my parents to respect me? But I decided, you know what, wouldn't it be amazing if I actually took the time to play and enjoy the game? And I know that might sound crazy, right? A bit illegal, alright, but just don't call the cops on me. First, we'll start off with the good stuff.  But before I start with the good stuff, I want to make one thing perfectly clear. This right here, this thing right here, was the biggest downgrade in the entire franchise.   I'm the champion. I remember the good old days with Gary. Bro, when Gary used to walk around town, any time a woman stuck within a three mile radius of this dude, they had to change their underwear. Now we got this kid that will probably get bullied into jumping off a bridge if he was put into the real world. Can we please get Gary back? The stuff that I like and think Game Freak did a good job on was the region. You know, Pokemon Sword and Shield's world is beautiful. Everything's really pretty, well designed with great detail. You know, the colors look nice. The characters and gym leaders are pretty good. A lot of them are just exaggerated character tropes, which it's expected, but Game Freak's been doing a better job making them less one-dimensional. You know, especially Final Bosses by giving them more gray areas of...  The starter Pokemon are pretty cute. The greatest to least greatest design would be Saabu, Shorbunny, and then Grookey. I'm sorry to all the Grookey lovers, but he's just not as cute as the other two.  The best part of this game that many other people probably hated was that they finally got rid of mega evolutions. My God, that was the most disgusting feature of the franchise.   I can already hear you whining. I know you literally have Pokemon with not even 350 total base stats.  Huh? No, I'll admit. All right, they did give some mega evolutions to Pokemon that were just downright horrible. But a lot of the Pokemon with mega evolves were already, you know, were at least already average tier Pokemon.  But my God was mega such a terrible innovation to the game. It kind of still exists with the Gigantamax forms and stuff like that. Kind of. But it feels a lot better than every Pokemon can at least Dynamax. You know, giving me the feeling that every Pokemon has more potential than, you know, just their final wall state in battle. The Pokemon centers are a lot better. You know, they're faster to use and it feels more satisfying to get your Pokemon healed with the animations that they've added. Camping and playing with your Pokemon makes you feel much more immersed in the polka world. You know, you can play fetch. You can you can make them lunge at you with a stick, you know, you can cook for them with berries you find on trees. And, you know, you could build a pretty good bond with them. Oh, I almost forgot. No more having to use your Pokemon for HMs.  Like, no more of that walk into the edge. And then, you know, having to go through like a selection screen to pop into the water. No, no, no.  The transition scenes in a battle are really clean. The Dynamax stands are cool for whenever you want to go off of the story and just relax by battling bosses, you know. I'm also going to talk a little bit more about this later in the video, but the game encourages catching and training Pokemon with a built-in secondary EXP. Like, instead of having me use an EXP share and split experience, the system is now made so that the Pokemon that actually goes in a battle gets all the EXP was going to get anyways. And then there's a reserve secondary experience that the Pokemon in your party that didn't battle get to have. Well, which makes the Pokemon party feel more united and as an actual party, you know, not just six different entities. This fixes a lot of problems where, you know, you want to catch Pokemon and have more friends on your team. But then you think to yourself, you know, is it really worth stealing four to seven levels of experience from your main Pokemon and potentially costing yourself a gym battle? The way the Pokemon interact outside of battle is also really nice, you know, instead of having a seizure through the bushes just to see what Pokemon are in a specific area, they actually pop up and chase you like how they would in an actual Pokemon world. It also makes it so that you have a better chance of avoiding Pokemon without having to use repels. Now, let's move on to the bat. All right. This game is kind of easy, you know, trust me, I'm not one of those guys that dig right difficulty in the game.  In fact, I'm on my second one on the game and we're currently soloing the game with a Della Bird. Yes, Della Bird, you know, this brings me back to what I was seeing earlier about the leveling system. You know, it is great and allows for more Pokemon, but I think if Game Freak wants to continue Pokemon with the same linear stat system it has, they need to upgrade how types interact with one another. Like, for example, maybe they can make it so that let's say instead of water type moves, always doing two times damage to fire type Pokemon. If you train your fire type Pokemon against more water type Pokemon, they build up a little bit of resistance to water types, you know, up to the point where they take only 1.5 times damage from water type moves instead of 2.0.  Also something that's extremely irritating is that one of the main lessons of Pokemon never gets manifested in the game. This game is no exclusion, you know, and in the Pokemon games, but mostly in the shows, they're like, as long as you care and love your Pokemon to the fullest, you can beat anyone with any Pokemon. There's no such thing as a bad Pokemon, only a bad trainer, which is absolute bullshit, alright? This is not how Pokemon the game works. In the actual show, right, in the show, you got stuff like Charizard beating Blastoise, Rowlet beating its final evolution state. Meanwhile in the game, you got Delibird being 20 levels above a rock type Pokemon and still dying to a single rock slide. Huh? Someone with a Butterfree, no matter how much they love the Butterfree, you know, you will almost always get wrecked by someone with an Arcanine or Charizard, regardless of how much they love that Pokemon. Someone that just loves Calm Beer Vest between will almost always get smacked by a Charizard. Actually, maybe it's just that most every Pokemon in the game gets beat by a Charizard. I think the best way for Pokemon to start incorporating what they preach in the show into the game is by giving weaker tier Pokemon a better end result, you know? The lower the base stats the Pokemon has, the more friendship level has an effect on them. So let's say, you know, once they get around level 50, or you know, they can even, they can even make it as far as level 100. They should get better friendship effects and have higher friendship limits. You know, right now, the game just has the same old battle theme, you know, type weaknesses, stat checks, game frequencies that start doing patches, like you know, like the way Nintendo already does for Smash Bros. And make some big changes and updates to buff in their certain Pokemon to start shortening the gap between uber tier and pu never used ones, you know? Cause it's kinda sad when you fall in love with a Pokemon's design and they just get completely Batista Bond by 90% of every Pokemon in the game. Now, let's talk about the elephant in the room. Alright, a lot of Pokemon got cut. This action by itself warped a lot of people's opinions of the game. I mean, just think about it. You know, imagine playing with a Pokemon that you love for like 10 years, 10 years, you know, being able to import them in every new Pokemon game. Then sword and shield drops and they're like, Hey, why should we care about your feelings when we can spend more resources giving Charizard yet another form? So yeah, you know, if your main or favorite Pokemon got cut, you probably won't be enjoying it as much as the next guy speaking about Charizard. Man, Game Freak just loves that Pokemon. Every other starter got next. Alright, guillotine. But they still made sure Charizard came through. In fact, he's like the main Pokemon for the champion of the region. Oh boy, this Pokemon is like the literal definition of a money pinata and it's so annoying. Another thing I'll add is that Game Freak tried way too hard to make the dragging trainer hip and cool, you know? To the point where everything he does, it's just actual cringe flakes. Please, stop. Also, why can't you walk with your Pokemon when you're prancing around town? But there you have the walking animations already created for the camps. I just don't get it, you know? That's like a missed out opportunity. Just let me stroll my boys around the village. Lastly, my biggest complaint about Pokemon Shield is that it doesn't really have a good end game.  I don't see how hard it would be to make like a new game plus with smarter AIs and higher levels for the gyms. Overall, I don't think it's a bad game.  This is literally the worst game ever. Just an update. Sarfa Quality, this is like a super old cheap Android phone that I've had for quite some time, but we ended up soloing in quotes, soloing because there were certain moments where the game forces you, you know, it forces you to have at least two Pokemon or else it won't allow you to battle at all, but pretty much soloing the game with Dullbird. I'll explain the specifics in the comments, but I don't want to make this video way too long. Damn, bro. You're still here? All right, fine. Listen, listen, listen.  Now, if you subscribe, I'll release two more.


Welcome to 30 days of kindness we're going to share a new kindness prompt every day These will be little acts of kindness. We'll be challenging you to do. We might try these two We look forward to hearing how you go on leave a comment or a like today's day 13 Leave a book you've enjoyed in a public place Like on a bus or in a cafe with a note saying help yourself We hoped you liked today's prompt. We can't wait to hear how you get on leave a comment or a like Comments make us smile Good luck and see you tomorrow. Bye


Hello and welcome to CMC Markets on Tuesday the 16th of February and the weekly market update. Seen a significant bounce back here in equity markets over the past two to three days. Welcome respite to all those bulls who've been wiped out over the past two to three weeks. We've bounced off some key support levels on the S&P 500. We have actually made new lows on the German DAX, broken below the 200 week moving average. Certainly potential for further losses there. We are experiencing a little bit of a rebound though in equity markets and that might have further to go. Certainly we've seen a lot of dovish talk from Mario Draghi, President of the European Central Bank. We've also seen a bit of a coalition of OPEC and non-OPEC oil producers come together and agree to freeze output at January levels for crude oil and that does appear to have stabilised oil prices to a greater or lesser extent and even though we've posted a marginal new low on US oil prices we weren't able to do the same on Brent and that does appear to suggest that maybe there is a potential base in the oil price if you then also buy into the narrative that potentially the dollar has topped out. Now I think the key focus for this week will be on the FOMC minutes. Certainly this week's dovish rhetoric from Mario Draghi has also helped in some respects but I think the events of the past two weeks I think have changed the game with how markets perceive central banks and I think that is going to drive sentiment quite significantly over the course of the next few sessions. So while I think we could see a significant, maybe we could see a bit of a rebound in equity markets I think it could well be temporary unless central banks somehow regain the confidence of the markets because from where I'm sitting negative rates simply won't do it and I think in essence they're going to make it that much more difficult for European banks to repair their balance sheets. We're going to make a start on the S&P 500 weekly chart and as you can see from this chart in front of you right now, significant area of support around about 1800 we're also still above the 200 week moving average and we are also still above the trend line support from the 2009 lows. So certainly there's a significant trifecta of support on the S&P as we can see from the previous lows at around about the 1800 level we have very long shadows on the weekly candles which suggests I think a reluctance on the part of the market to push the index significantly below this level but I think what we can safely surmise is that if we do get a break of these very key significant support levels we could well see further losses and in the context of where we've come from we haven't really seen that much of a correction. So the potential is there certainly for further losses on a break below these key supports but in the interim for the moment big big support around about 1800 it's going to be very very difficult to crack. I'm going to move on to dolly again now I covered this last week and I talked about the potential for a big move lower we've broken that key 116 level and if we look at this long term chart in front of you can see in the context of where we've come from in 2011 when we were trading at 75 we peaked at 125 I think the likelihood is irrespective of what the Bank of Japan do with negative rates and irrespective of what the Federal Reserve do and I think it's likely they're going to row back on the potential for any further tightening of monetary policy I think dolly again could well actually push quite a bit lower we've closed below 116 I think as long as we stay below 116 then potential is for a move to 110 and potentially to 106 over the course of the next 12 months and even if we move back to 106 that's only a 38.2% retracement of the entire up move from the 2011 lows to the 2012 highs so there's certainly potential for a lot more downside so I'm going to finish up with a quick look at crude oil and the rebound that we've seen in the past few days has run into a bit of a brick wall certainly if we look at the Brent price we can see that thus far the significant resistance at those late January peaks around about $35.80 so around about $36 that's going to be a key barrier for any further gains in Brent crude and if we actually look at the Brent crude price we can actually see that the dip down that we saw from those January highs actually fell considerably short of the lows that we saw in January in contrast to what we saw on US crude which is the chart I'm going to show you now this is again a daily chart for WTI we made a marginal new low but we posted a daily hammer we then posted a significantly positive green candle which suggests that potentially we could well see a little bit of a base down there because we weren't we weren't able to sustain a new low but once again it's those key resistance levels around about the January peaks or the impulse peaks from the initial move lower that are going to be the key resistance level for any gains going forward and I think the dollar could have a big part to play in this if the dollar continues to weaken then that could well actually help support the crude price so that's it for this week once again thanks very much for listening this is Michael Houston talking to you from CMC Marcus