The following is a presentation of TFNN The TFNN bull bear trading hour every trading day live at 10 a.m. Eastern Call now toll free at<PHONE_NUMBER> or internationally at<PHONE_NUMBER> The TFNN bull bear trading hour now Tom and Tommy O'Brien Welcome folks appreciate your ground and problem with us out here We have that our industry is up 58 Nasdaq is up 17 S&Ps up two and a half gold gold contract down a dollar 60 trade And if 14 40 notes, we could silver down 13 cents 16 dollars 42 cents an ounce light sweet crude up 31 cents $58.36 a barrel notes and bonds you get the 10 up to ticks 127 13 30 up 7 at 154 27 and King dollar King dollar 31 ticks trade 97 8 40 The euro is at 111 US dollar the yet is at 108.56 and the pound is out here at 122 to 1 US dollar and you can expect some nice volatility folks as we come up into this two o'clock time frame When the Fed will come out first with a statement that 230 come out with a news conference and to bisect and dissect this Let's get over to our man Mr.. Kevin Hicks a TD Ameritrade think a swim as we do each and every Tuesday Wednesday and Thursday Don't forget folks every trading day right here 11 to 12 Eastern standard time You want to understand the option market option strategies futures outstanding program You can follow Kevin as team every trading day if you haven't test driven yet The think a swim platform. It's an outstanding platform really easy to do come over to our website at TFNN You hit the banner bring it up the live trade with paper money each and every trading day Kevin Hicks. What's going on? Good morning Kamal Ryan. How we doing? Oh boy? I think we're ready for this to be over. Aren't we? I mean come on just traders hate days like this because you got to wait around Until two o'clock Eastern one o'clock Chicago time and you're just waiting for something to happen I know and you know, it's one of those. Yeah, so you're you're you're patient You're trying to be patient of waiting things are moving around But no one's really willing to do anything major today unless there's some news apples got, you know That's got a news event. Yeah, those are the stories that that'll drive the morning trade But we're waiting for you know to to 230 Eastern time is when Jerome Paul starts talking the announcement I think we'll be relatively uneventful I think he'll go quarter point. I think no no change or a half point will shock the market I don't think he wants to do that But then it gets all down Tom as you know to his rhetoric and what he says in the press conference It is and you know what's gonna happen here folks, you know Like we're all speculating of course and like the smaller Kevin. It says okay, man So this is gonna be different today like it's gonna be a big announcement, right? You know what I mean?  Right, and you know, I was looking at the thing that you know is different here is that we're at all-time highs and we're reducing rates and You know as we were talking about yesterday the Fed normally doesn't reduce rates once I'll go up once okay So that would be very unusual, but at the same context I can't picture him inside that statement saying that hey, we're gonna go down again I mean, I think it's gonna be a great Spanish deal inside here somewhere Do you know what I mean, right? I and and you know for your listeners I think you should really pay attention to history here because Look what the bonds did on the days of the rate hikes over the last Two years or so. Yes, and look how bonds have actually rallied of rate hikes. I know futures Yeah, so careful of an announcement a dollar. You know a quarter point rate cut and and Bonds could be tricky here. Oh, you're making a great point, man And in what he's saying specifically is this so pitch to this folks when we kept going that they've been going up Bonds are turning around saying well, I'm going down. I'm going up and pricing down a kneel Right and so yes that and you know yesterday when I was you know watching them the last couple days You know, they went up a few ticks, but the volume is dropping so it's like oh, man Hold it. That's not a conviction move. Do you know what I mean? It's like, you know, these things can get loose and yeah You know, I think the risk in the 30-year bond once this announcement is made is to the downside Yeah, I can see that in you know the wildcat here is going to be the dollar, you know And I guess when we look at the dollar, you know, it probably has more to do with the euro and the pound But yeah, that dollar is on the table. There's no doubt about it I think the downside risk to the dollar is a couple things number one is interest rates and number two is I think if you get some certainty in Brexit Yeah, in any way, you know, I'm frankly surprised by the weakness in the euro and the British pound It tells me that Brexit is still uncertain. Yeah, and you know, and there is uncertainty over there, but I think any If they make any headway on Brexit towards something I think that could make their currency rally in ours weakened, but hasn't shown up yet, frankly I'm a little surprised now it hasn't and you know, it seems that It's gonna be a yes or no I mean, I you know, you know politicians in general can reverse course, okay But Johnson seems to be saying hey if you're not gonna open the negotiations and tear up the last one I'm not even gonna talk to you and I can see that stands I mean that that's that's a decent stands. Actually, do you know what I mean? President Trump in them doesn't he? Yeah. Yeah, I think that's why he got elected frankly, right? No, I can see that you know and it's like okay If you don't go well, we're gonna do it and you know, it would seem to me like when you're just talking Finances and money someone's gonna make the deal with them even over there because you have to there's too many big companies That would basically stop, you know The money would stop and that's not gonna happen. The money's not gonna stop moving around All right And they're a big trading partner remember when this all started President Obama said they would go to the back of the queue Remember that yeah, that caused some uncertainty. Well, Trump did not say that right. He said we'll strike a deal with them Individually and everything will go on as normal. So I think that relay, you know That is some of the fears, but I think there's still uncertainty over there And I think until you until that starts to dissipate which it always does by the way Eventually, I think I think it's a stronger dollar and a weaker British pound in Europe. Yeah, and it's a time issue, right? I mean, yeah, what happens is folks is that after a certain amount of time People just get used to it and say hey, just get it over with man. Let's go. Yeah, let's move on man Yeah, kind of like the interest rate move today. We're like, all right, let's get ready and for all you listeners September 18th is the next Fed meeting. Yeah, well, that's when the next Focus will be coming off this meeting September 18th and and what you know, I was looking at this this morning So the Fed fund futures we're riding on a 63.5 percent, you know cut then, you know So as you just said now if that's already built into the market and built into the bonds Yeah, that that could pull back the other side because it may be you know, we just don't know you right We don't know until it comes out. I think time to sum this up Jerome Powell has nine bullets Right. Yeah, you know with rate. He's got nine cuts. He can do he's I think he you know He's pretty much being forced to do one right here I think the markets have told him that doesn't mean he wants to use any more than that because this economy is still healthy Well for sure right and the data shows it right. There's no doubt I mean, you know Apple, you know bottom line is that you know, we know that you know You know you get the iPhone sales, but the bottom line is that they didn't get an uptick no services Man, I mean right little lighter than they wanted but the bottom line You're right I mean some of the numbers Apple's having a pretty surprising daytime frankly that's because some of the numbers were pretty light Yeah, the numbers that they were looking for listen folks right here 45 minutes from now Outstanding program were the most wonderful time of the year in this particular case. We got earnings We got window dressing we get Paul we get Kevin Hinks. We get TD Ameritrade. It's a beautiful thing Kevin We look forward to the program 45 minutes Thank you. Stay right there folks come right back If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve doll Taz Understands that in today's technological world the use of top-flight software Applications and technical analysis expertise is essential to successful trading in today's market You also gain access to the webinar that Steve doll and Tom O'Brien just hosted the best way to use the Taz profile scanner to profit This webinar archive is available for all subscribers immediately upon signing up all new subscriptions Also come with a 30-day money-back guarantee so you have nothing to risk Start your subscription by visiting the front page of TFNN comm today And you'll find the Taz profile scanner under the services tab sign up today Are you in the market for buying or selling real estate in the Bay Area including the surrounding st Petersburg Tampa and Clearwater markets Tiger real estate LLC is a firm that has extensive experience in the Tampa Bay Area Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most Informed decisions across all price levels from the price You should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating Tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest Decisions of your financial future called Tiger real estate LLC today at<PHONE_NUMBER> or email us at Tiger at TFNN comm that's<PHONE_NUMBER> call us today Many of our new listeners have heard about the Tigers Den the Tigers Den is a lively community where professional traders and investors can meet Exchange ideas and information in a comfortable moderated atmosphere here all of the TFNN shows Plus see all the charts as they happen live and have access to archives of all those charts You can test drive the Tigers Den absolutely free for 30 days and greatly enrich your knowledge of these markets And how to make your money work for you details on the Tigers Den or on the front page of TFNN.com TFNN has launched our brand new website You can still visit us at the same TFNN.com URL But when you do you'll see a new and improved homepage with a much simpler navigation Whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions We even have new pricing in six months and yearly options Check out the new TFNN.com now and experience all the upgrades TFNN.com educating investors Call now toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER> Welcome back folks Dow Dow industries right now up 22 we get the Nasdaq up 16 S&Ps up one and a half Let's go take a look at Beyond Meat So Beyond Meat folks, they're gonna basically lay out a secondary tomorrow. You're trading at $199 Underwriters are keeping it up bottom line. It's gonna be pushed out tomorrow and this is a this is quite a trip You know this thing went public at $25 Only 250,000 shares are gonna be sold but the bottom line is that this is with the lock-up period what the underwriters did Is released the lock-up period from the inside is okay, so that's very unusual. It's done but bottom line is that that it's supposed to be in there so that What ends up happening is that initial shareholders get protected because they know that I guess what you know, you can they can't start laying out Shares on the marketplace diluting the original Shareholders not the original share of the folks that bought on an IPO bottom line guess what they threw they threw that thing Out and bottom line they're gonna let these inside a cell and you can see how this is shaken out so what ended up happening is that this will get priced after the close today and You know right now you're dealing at 200 and I suspect it's gonna get priced somewhere Depending where it closes out today You can pitch a three or four dollars under this level. That's how that's that's how the thing normally gets done But bottom line is that the company is not going to be getting that bread folks You know the company is getting the bread to be different ballgame. So this is dilution of shareholders and Needless to say The underrated somehow Basically just said back with those rules. We're gonna throw those rules out. We're gonna do a secondary We'll let the insiders move some product and you can see they're moving product in the aspect of What is it eight times? Yeah eight times more than the IPO price pretty pretty amazing Some of the higher volume make well here. Let's go look at Apple out here So Apple come out with numbers now where Apple's trading. This was the high volume High that I suspected it was gonna get tested so it's gonna be interesting to see whether it can hold this level because So the numbers to 1531, you know, we hit 221 so far to 18 you're at That's gonna be the number that you want to keep your eye on even at the end of the month Which is today, which is really cool actually because watch this when we put this on a monthly or weekly It doesn't matter on the monthly basis You need 739 million and you're not even close to that you're at 430 so It doesn't have the juice if if in fact that we close beyond Lower than that at the end of trading today that sets up that you have a Consolidation in place and that would mean that The other side of this consolidation was just 142 can get hit the way that so if let's go to the S&P for a second so the way that The markets are set up right now. We're in an ABC structure in the way up and We've been in this for you know bottom line two or three weeks each and every time it's getting up to this level of the 302, you know, it's it's it has some resistance my take is that we are gonna get to 303 that being said and so that's in the spy in the futures that number is 3055 and We're at three thousand and fourteen right now the highest that we've got so far as three thousand twenty nine point five zero that being said What I expect After that is a pullback. Let me show you why because it's it's starting to happen right now If you go to the Dax in Germany, what happened yesterday is that the Dax in Germany got hit and it had volume behind the move So watch this. This is pretty cool. So the Dax yesterday out of nowhere because down from twelve thousand four hundred It's a twelve thousand one fifteen Volume explodes to the downside That is not an indication that okay the Dax wants to run back to the eleven thousand Six twenty mark. Okay, so the UK not as bad the Dax is the number there the UK bottom line You know pull back slightly But what we have now is that now the UK today is pulling back and it looks like it's trying to pull back Inside a lower range, which is seventy five twenty eight that's far only at seventy five eighty two But it looks to me like that's what's going to happen now if we go over to Asia what you're going to see Asia last night That's not you know getting some heat on the way down if we go over and we take a look at the hang saying you're going to see that was down 1.3% We pull this baby up and you're going to see that this hasn't been able to get any traction and then Same type of setup, you know on Monday We came down with a one point six billion shares last night You came down with one point three billion shares and you know, we'll see how it's going to handle this gap There's a gap of twenty seven thousand five eighty four And we're twenty seven thousand seven seventy seven, but that's telling me that You have some selling Worldwide right now and would you listen would totally make sense that you hit the ABC structure We got the window dressing going on right now you get the Fed right now You get earnings right now, you know, so it's going to get really intriguing watching how this is going to lay out I'd say next week not this week the reason being is that we're already on with taste today Wednesday. We're already in Wednesday You get Wednesday Next few days a window dressing you're gonna have the money managers moving around a lot of equities You know buying some selling some all the above and then guess what then the markets gonna say, okay? What are you gonna do for me now? That's what the markets gonna be wanting to do What is interesting is that as Kevin and I were just talking this bond thing is going to be really intriguing So so watch this let me pull this up for a second because the last couple of days and bonds the You had Yesterday we came in with volume the prior day we didn't though see the on Monday You went higher, but we only had 867,000 contracts So it's like oh man if that's the case then that could pull back, you know pretty quick The yesterday however would end up happening is that we did have an expansion of all in with 1.1 million now out here today We actually have some volume. We have 500,000 Already and at that level right at 10 minutes of 10 You have a buyer out here, man You know that was 54,000 contracts bang on a 10-year is a big number. So as we approach This two o'clock time frame the bond market is going to tell us quite a bit and you know What if the bond market is going to be looking for is that okay? If the bonds turn south and go down and price it up and yield what that would be saying is that The market would think that there's not going to be as many rate cuts as the market thinks there's going to be right now Kevin brought a great point up that the bond market which has been so deviant that even we were going up on price in Bonds up when he yield that the Fed was raising that the bond market refused to basically go down so When I when I look at this my take is that still we're going to go up on bonds down on the yield and If that's the case what we're going to actually see here is you're going to get high volatility number one But they are going to be cutting more in the future And if that's not the case Meaning that if they're not going to be cutting more then the market itself is driving it meaning that there's so much cash out there That that has to be put somewhere They don't want to put it inside the equity market at this particular point that they're going to drive it in the bond market If they drive it in the bond market guess what and the the market itself has really dictated The rate cut that was happening today because it's so lopsided, you know the Fed kept saying that no I'm not going to get on rates. I'm not going to get on rates in the market kept buying buying buying saying I don't kill what you say. I'm going down in rates because I'm gonna keep buying Stay right there folks come right back down down to 24 and as like a 13 S&P's up one Hi folks Tom O'Brien here If you like to get my daily newsletter market insights Then now is a great time to sign up for a 30-day free trial every morning by 9 30 I send out my morning letter to subscribers with market commentary on a variety of markets currencies and commodities to keep investors up-to-date On the day's trading action included in market insights as specific buy and sell recommendations for stocks ETFs and even options which stops and price targets included for every trade in my newsletter If you'd like to try my newsletter risk-free for 30 days then head over to the front page of TFNN And you'll find market insights under trading newsletters I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information Any to know for the day ahead. I even issue afternoon updates for my subscribers whenever warranted with important market action I'm always scouring the market for the next great trading opportunity Sign up for your 30-day free trial to my daily newsletter market insights today by visiting the front page of TFNN.com Go get them folks The path of least resistance is David White's daily trading newsletter And if you're looking for active trading ideas then now is a perfect time for a 30-day free trial to this powerful daily trading advisory Service David uses his years of trading experience to offer his subscribers his trading ideas each morning In his path of least resistance newsletter using a combination of equity trades along with options David keeps his subscribers up-to-date with all pertinent market information with intraday afternoon updates when warranted Don't miss out on this great chance to get a 30-day free trial to David's daily newsletter The path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter He delivers every morning then visit the front page of TFNN And you'll find the path of least resistance under trading newsletters for all the details and to start your 30-day free trial today log on to TFNN.com now TFNN is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology Using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci Formation setups including guardleaf, ABCs, butterflies and much more The art of timing the trade charts is designed to help you when scouring the markets for stocks Just beginning to form the trading patterns that many investors spend days weeks or even months searching to find And right now we're offering licenses available at only $79 a month We are so confident that you're gonna love this new charting software that will even give you a 30-day Unconditional money-back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting TFNN.com This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of TFNN.com Welcome back folks crewed crude imitaries Foul 8.5 million barrels EIA came out with API numbers last night folks were at 6.5 million bottom line is it it's not but not moving oil here. Well, watch this we bring up this Oil contract what you're gonna see is that bottom line is it gets to a higher price yesterday goes a little higher today It just doesn't have the juice behind this move. So it's gonna be really interesting Watching how it handles this $59 each and every time it's up to the $59 $60 area. It gives it up and gives it up in space Let's go to our man John and a Philly. Hey John. What's going on brother? Good morning Tom Tom I'm calling in this morning to talk the the silver market and Specifically silver miners Tom. I am I just wanted to share with you Frankly to repeat for myself and maybe your listeners will be of interest in this Tommy I've I've asked you to pull up London listed Fresno. Yes Which is a silver mining company? It's listed in Domicile than London or listed in London in Mexico City and The majority of its mines are in Mexico and just to let you know Tom I have I have traded this once or twice or three times in the past ten years Not in it recently to be the world's Well, maybe not the world's at least the Western world's largest pure silver mining company and To put out something close to 30 million ounces to the amount of silver on a dreaming basis But what I wanted to point out to you you see the price has just plunged despite the silver rally and This is a reminder to me and I share for all of us in Interested or investing or trading mining equities That's in any of these companies that the mines that they have Great or yes, and in the case of Fresno It's plunging in price on account of some some of its minds Just getting old and they don't have replacement or bodies to bring up the backside, right? Right. Yeah, this is quite a plunge man So I have this up folks in it when you when you're looking at this if you watch and target TV This is priced in pence. Okay, so the low 600 which is out it was yesterday today actually the high is 1048 and that's the you know John laid it out the bottom line is that guess what you need or folks and You know that they had they had actually I just pulled this up They had actually even warned a year ago that they're gonna have a problem You know so you can see this child this child even you know silver has been going up and this child has been down from 2056 and 2016 and bottom line looks like it's gonna blow away 570. I mean look, you know, yeah, they get they get problems You know bottom line is that you know, you don't you don't have The or you don't have anything right, you know, that's that's where it comes down to yeah, exactly and as I Mentioned and share this with you Just to make that point that just because we Think and might be correct in the trend of rising metal prices in Investing or trading the the miners themselves That's not the only thing we need to pay attention to so well. There's no there you have well You know in a point this watch this folks if you go to Kirkland Now this is just the opposite so Kirkland gold. Okay bottom line, you know low this year 17 the high 47 when you look at This shot what you're gonna see now This is a new Mine and the bottom line is this this has been on a one-way trip because guess what they just start digging This stock went from $4.76 and 2016 and now you're at 44 and that's just the opposite that now you got a new mine Bottom line is that they got a mine life. That's a long period of time They just their revenue just went from 258 million to 1.3 billion and expect to go up again next year, you know So can I ask you a follow-up question on Kirkland by the way? Yes Just by way of background Kirkland, of course Is the old Kirkland lake up in Ontario? Yeah, that's where the the original mine was furthermore Um the management team at Kirkland at least back prior to 16 Was for former Goldman Sachs people. I think the bankers who actually serve the company way back when Uh these guys Uh guys and girls. I don't know the management team. They purchased In victoria australia back in 16 a company That had uh a uh Up and coming or body turned into a mine That is what's been driving the output of gold Um what I can tell you I believe they have also taken a state In something called novo resources down in australia. Okay, uh Exploring whether or not that or body has potential And um, so I'm always looking for what Kirkland lake management team what they're going after because they seem to have a good nose For new mine potential And and so in having said all that can you possibly look up Novo resources for us and tell us tell us what you see on that OVO No, oh Oh, there we go. Okay. Cool. Let's take a look at this. Okay, so novo That's a 247. Okay, so let's take a look at this They explore natural resource properties, uh, British columbia. Okay, so let's do this watch this. So what I'm going to do is you hit management And then what I'm going to look for is cross management So let's see board cross boarding Tom that uh that name the chairman president quentin henning. Yeah, he's a guy that whose name is very familiar to me He's uh, he's a geologist. He's been roaming the globe and he's been You know looking for ore bodies for 30 years. Uh, so that's a familiar name to me. It is and you can see Yeah, this this is a big cross management here there and there on You can see this list man. This list is pretty intense now some of these companies I haven't heard of but you know, you get sprouting here They're there they're in the board of sprout asset management sprout metals sprout Acid management sprout mining sprout securities Um, and there's no doubt that these um, you know The the guys at Kirkland they were beside me a lot at these gold shows years ago And this is before they had taken off But I could see they were different and what I mean by different folks is that The the pump wasn't there the numbers were there though because I we were actually right beside them So I used to watch the guy on his computer man. He was just you know, they were just They're numbers guys. So bottom line is it worked. They worked in just a big way Serious people doing serious work not uh, right not pumping out the hype evidently. Exactly exactly and yeah I should have bought it and I didn't shame on me Seriously, thanks so much. I appreciate it. Okay, man. Have a great one. 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All of the tfnn newsletters are informative, up-to-date, affordable And a must-have for every trader looking to gain a competitive informational edge in today's markets tfnn newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks, bonds, metals, commodities and tech There's a newsletter to fit your needs exclusively from tfnn Stay informed each day you trade and get the competitive edge that will help you stay ahead of the game Visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com educating investors Biotech is booming, but for how long? Whether you think the biotech bull has room to run or has run its course trade labu or labd Directions daily s and p biotech three times bull and bear ETFs Visit direction investments.com slash biotech today An investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at<PHONE_NUMBER> The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv That's tfnn.com then hit watch tiger tv for the latest market information Welcome back folks down down industry is down three nasa cup five s and p's flat now the beyond meat impossible burger deal Okay, so check this out beyond meat still holding price up here. We're at 200 bucks The impossible so this just came across from the FDA The impossible burger So far It has only been available in restaurants Uh could find well it looks like it's going to make an instant grocery stores Given rival beyond meat a new competitor inside retail It also announced uh this morning that it's going to produce more of the meat free patties through a new collaboration So watch how this shakes out folks Uh, so In response to a position submitted by impossible foods the silicone valley basemaker of uh, you know the burgers the u.s Food and drug administration has amended its rules to call the use of soy Um Liga goldman Safe as a color additive and imitation beef clearing the way clearing a key hurdle And the company's pushed to sell raw product inside grocery stores. The rule change is effective on september 4th Um, though the petitioners still have a chance to file objections the original position filed in december of last year Uh said that him that that's the that's what they call this. Uh, soy lukal garland Could not exceed eight tenths of one percent by weight Of the final product, uh, that is going to get thrown out now Bottom line is that uh, chino objectives be raised the direct to consumer sale of uncooked red colored ground beef Products containing soy will be allowed the FDA said in a statement Uh separately the company said they're going to start doing business with osi group to expand production Uh, okay, so this him Is the ingredient that gives the impossible burgers essential meat like flavor red and hue It hasn't previously previously been approved as a safe color additive meaning retailers couldn't let individual consumers purchase the uncooked product The way they can buy and bring home raw Beyond meat patties, uh, that means impossible foods has been limited to selling inside restaurants. It often Uh, it's often a large restaurant change Such as red robin in white castle and as inked the deal to be sold in 7300 burger kings nationwide by the end of the year Uh, bottom line is that uh, you know, when you take a look at this stuff folks, man There's a lot of chemicals in the stuff. So I don't It's this is the beginning of a whole different venture. I would say, uh inside of uh inside of that baby Let excuse me folks Let's go over to our man. Mr. Teddy cake stat as we do each and every wednesday. I can't believe I Wednesdays come so fast. Teddy cake snack. What's going on brother? Morning guys. We've got an fomc meeting to look forward to today. Oh boy. I like it. I know man. So You know this doll is hanging tough. I mean the the pounds get smoked that looks like it, you know We'll see if it comes back the the euro didn't jump off the cliff, but let's talk about it Okay, well, you're right the uh the pound For all kinds of reasons has been falling apart. Uh, we had the new uh prime minister That was sworn in after we talked last and it doesn't seem to uh phase any type of bullish reaction That's for sure. I think the the key component there is that uh, we have the the fed meeting is coming out today We've had the central bank marathon It started last week with the bank event in England the ecb which came out with a very big remark saying that Last thursday that they're waiting on the fed us fed today wednesday to see what they do And they're ready to pull the trigger and follow suit So they're kind of trying to force the hand of our fed to actually do something which basically will set them in motion We will see what happens later on this afternoon But you're right the euro has had pretty much just a knee-jerk reaction has been very sideways And I think what you really have to look at is where is dollar strength and weakness happening Your lesser majors like australian dollar and new zealand dollar They've been trending lower still since we talked last they made newer lows Yesterday and today, uh, but the australian dollar is starting to look like it wants to bounce today. Okay precursor You know, uh, teddy yesterday, uh, let me pull this up. So the swiss frank. What was going on? It said that that they were almost thinking of getting an intervention uh over there So did they think that was getting too strong? Uh, I think that that might be some of the reasons why they were talking about that I think I think the intervention more has to do with uh, how the ecb has changed their, uh, tone I see. Okay. Okay. Yeah But interesting and bring up the swiss frame the swiss frank chart looks a lot like the japanese yen chart does right now Yeah, especially how they just recently got rejected on new move highs. Right, right, right. Yeah, so Man, there's there's there's so many moving pots, man And I guess You know the the dollar, I mean it it's not over. It's it's high in the continuous contract But it's just edging right there, man So it's going to be like, okay, which way do you want to go? And I guess it's going to have to do with which way really the pound in the euro is going, right? That's right. Yeah, well, you know what maybe not though because uh FOMC meeting we know that let's say Whether they do a quarter point or a half point half points probably not going to happen Quarter point is factored into the marketplace no matter what sometime in the next three months Yeah, so I don't think we're going to get any big reaction for the currencies initially Okay, they're going to be looking to see if the ecb starts to do something. Um, that now the boj came out yesterday They don't care what the fed does today.  It's like, you know Has that been that right? Right. Yeah, I'm with you. That's that's pretty wild, man. I really it really is how this whole thing is shaking out And absolutely But you look at your lesser majors like your australian dollar and new zealand dollar Okay The dollar index has gotten its lift over especially the past week like since we talked last week the dollar index has had a Nice little rally. Yes, did that come from it didn't come from the euro? You know the pound may have helped to to bring that lift that the dollar index But it's really the following a part of the australian dollar and the new zealand dollar that really led it because Look at the yen the yen's basically gone nowhere over that time And so if you watch and tag a tv folks, I just brought up the australian dollar and you can see what teddy's saying We just went from 70 down to 68, you know, and that's it's been a one-way route, right? It's Yeah, you get you get so That's where that's where our strength is coming from. I think yes. Yes. No, and that's important to understand What's inside that index and how that works? There's no doubt about that pretty cool, man Well For the pound It's interesting with the size sideways movement in the end and the pound being the one major Currency besides the euro. What do you think? I think with the new prime minister and stuff like that. Do you think that we're gonna he's gonna Do anything to help lift this currency or do you think the trend is going to continue lower? Because I don't see I don't see a balance in sight really Yeah, no, I this pound can go test that it looks like 118 I mean that's you know, it's the last time we were down there. What that was 2016 But because this is this is a hard move down, right? You know, you know, I mean it's getting tired I'd say it's getting tired in the way down But guess what that thing is sticking out like a sore thumb So it's like why not go visit your old friends for a couple of years ago first, right? You know, right stay a bear Listen folks every trading day you can check out teddy at forex That's trading that's unlock.com. That's forex that's trading desk and lock.com Teddy you have a great one safe one. We look forward speaking the next Wednesday. Thanks guys. Have a great one Stay right there folks come right back I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers share If you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done Which is how to time the markets? I'm steve rhodes author of mastering probability And for the last 12 months timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the s&p 500 for the last 12 Six and three months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use That is transform me into one of the best at what I do Sign up for mastering probability today by clicking on the newsletter tab on the home page of tfnn.com And get immediate access to workshops where I take you step by step How to use an extraordinary set of tools as well as provide great market calls to sign up today Tom O'Brien published the 900th issue of his weekly newsletter the gold report on july 22nd It's amazing. He started the gold report more than 17 years ago when gold was trading at only 252 dollars To celebrate we're having a special tiger dollar sale right now You can spend only 495 dollars and we'll give you 200 extra tiger dollars So you'll end up with 695 tiger dollars, which is the yearly price of the gold report Tiger dollars can be used for any tfnn newsletter or service And this offer is open to new and current subscribers With gold making six-year highs and gold mining equities trading higher This is a great time to sign up for the gold report at a dramatic savings for all the details Visit the front page of tfnn.com. This deal ends july 31st So don't miss out get your tiger dollars and sign up today for the gold report 900th issue sale Since 1984 Basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion While originally hand drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply Later basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy and calling price Turns as well as market trend calls Thus was born the Chapman wave sequence Using the Chapman wave methodology along with other indicators Basil Chapman advises his subscribers of his expert market opinion Each market day with his opening call newsletter Right now you can get a two week free trial to the opening call basil's daily trading newsletter by visiting the front page of tfnn.com Cancel at any time during that trial and pay absolutely nothing Get your two week free trial to basil's newsletter the opening call today by visiting tfnn.com This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of tfnn.com Welcome back folks. Let's go to our man charlie and framing him. What's going on brother? Hey there. How are you? Good man yourself? Doing good Natural gas, huh? Yeah, yeah, let's let's take a look at it UGAZ So the UGAZ folks is the velocity three times long position in the Uh natural gas market and bottom line is that you know, he's got to pop out here today. So charlie. Are you long this right now? I am Good for you. I'm making a ripping. I got in at uh 14 31 That's a beautiful 13 31. Okay, so You know natural gas. I mean he's been getting slammed.  You're up a buck 60 If you we take a look at the natural gas contract folks, what you have is this now natural gas They're gonna come out with numbers tomorrow What we've done with the natural gas contract is this is that it jumped off the cliff And what that that means specifically is that you had the low out there that was in uh June 20th That low was 211 and bottom line. We went down to 210 And then it reversed, you know, so that's saying that yeah, you can get a dead cat bounce, you know So 243, I mean that those numbers will come out tomorrow But you know, this is this has been a one-way move down for a long period of time So you can I think you're I think you're gonna be all right here, man. Um, okay And you know, there's so much natural gas I wouldn't be hanging on for for, you know, for a longer period of time, but that Topside of that Uh swing points there is game and in this particular case, you know, that's some real juice behind it, man Cookin brother Have a great one, man. Have a safe one stay right there folks We get fast market coming up next and we get our man, mr. Basil Chap and Steve Rhodes Dave White be back this afternoon, of course two o'clock you get the fed statement 230 you get the news conference lots of action all day long right here at tf&n. Have a great one folks. Have a safe one


Angoli erosion has severed the major road connecting Imo and Anambra states. The menace has had caused serious commotion and panic among residents of the area, leaving many outgoing and incoming vehicles stranded. The incident, which happened at Umuchima in Ideato South local government area of Imo state, was made worse as the alternative route is still not viable. I'm not going from time to time, but I think it got worse a couple of months ago and we've made it known to the very government that we need attention. This route needs attention. My people are being cut off from the system and we sincerely ask them for an expedited assistance overnight. Something has to be done. You can see by yourself the people they cannot access the other communities and predominantly they are farmers and they can't even, when they farm, they can't bring their products to the market. This is a major road to Anambra, it's also a major road that leads the community to Anambra state. So it's a very important truck a-road that something needs to be done and I also want to extend the appeal to the government to do something expeditious that the road will not continue to curve in. To have an undisputed assessment of the very grievous Russian menace we're having here on this major road, the major road that leads Ideato nation to the other neighboring states. It's not just Ideato. This is a truck a-road, federal road per se, but then it has affected a lot of economic activities and then that is why we are here, you know, and then we've come to see for ourselves and to really make recommendations to the federal government and then to the state government in particular to ensure that remedial actions are taken. What the people are going through is very imagined. This is predominantly a rural area. Of course, you know, people move around trying to find a way to survive and you could never tell who could be coming back at whatever time of the day or in the night. Like you did say when you were interviewing the honorable member on the dangers and the challenges people here may have been going through. It's obvious that this is a dead trap, a dead trap.  And before you know it, he ends up at the bottom of the street and that would be the end of his story. So, obviously the presence of this here is not good at all for us and for our people.


I have seen some brilliant technical presentations tonight. I will focus a little bit more on the business side of things, but I'm pretty sure you will be able to relate to it. My name is Felix Schüller. I'm in the data analytics space since the last 10 years. Today, I'm speaking to you as representative of the Bunda Alliance, you and Jeremy, so the Founders Alliance Black Area in Germany. So the Bunda Alliance is actually initiated by 70 big and medium-sized corporates in Germany that want to promote their region more for startups and innovation. Those 70 companies have very well understood that startups are actually a capitalist for data development. And today, I will talk about their newest program, because we are currently launching our data program. So what we want to achieve by it, we want to better bring together corporate partners and startups. So the corporate partners are more focused on the focus of the specific area in Germany than I'm talking about. But we are looking for startups who belong to global. And that is also the reason why I'm here, and why my colleagues in India and North America and all kinds of countries in Europe. So how it works in detail, and what there is going to be for you as a startup, what you tell me later, let us maybe start with why we actually want to create the data out. So when we were talking to data innovation startups or data science startups, all of them facing the same challenges. So they have to make sure their product matches the market. It's very nice to build a technology demo on what you can do, but you actually have to set a product. So it's important that this really matches the market that somebody is willing to pay money for. Second, if you want to train your models, you need high-quality data. And you need high-quality data, not of the last two weeks. You need quality data for a couple of years to make it work. So where is this data coming from when your company is just like two months old? And third thing, money, right? Cash flow, especially if you're dealing with a business to business area, it can take six months, 12 months until you find your first client who is willing to pay for your MVP. This is definitely a challenge to startups, especially in the data science space. But there's another side to the coin, right? Not only startups struggle in the data innovation space, but companies struggle. They also face challenges. So for example, they address the problems easily from a very technical point of view. So they go to one of the big vendors and look for the data science software that they have on shelf. And they buy it and then introduce it to the company. And then they think there's really data innovation. Of course, this doesn't work, right? So second, many companies are also not having a good data strategy. Where do they want to go from here, from today, in the future of my data in two years and maybe five years? And third, and this actually is probably my favorite, what's the return on the best of my data science team? I've seen this a couple of times in corporate. They hire three data scientists, put them into a room, tell them to do data science. And after six months, they complain that the return on the best of the students will be back. But at the same time, there's no clear vision where this company actually wants to go with the data scientists. And at the same time, the data scientists have no authority to change processes. Data flows, for example, in the corporation. So they get the data, they actually need to run their analytics. So here, the question is not so much on the skills of the data scientists. They are usually pretty good. There's more depressions like, where do they want to go with my team? So when we are looking at those three challenges of cooperating, we are looking at the three challenges of startups, we also have to feel that there's some kind of match here. We have very skilled, motivated people, startups at the same time have cooperated with a lot of data history. Why should we not bring them better together, right? And our idea is we want to build the data, the data to collect unique data assets, connect startups and corporate partners together with experts, and also enable and encourage partnership between those players in the long term, not only for once in a project, but really for a long term, for a long term partnership. So why do we want to go to the world region in Germany, right? World region in Germany is like, in the rest part, it's not so much on the international startup of Mac as, for example, Munich, but it has the longest history of industrialization in Germany, right? And we see there is huge potential in this area. It's highly populated. You find 25 million people there. This is basically Berlin and it's a newly combined. So what you see here, especially an opportunity for is industry data. So it's, this area is famous for mining, tourism, street production, mining, this already came to an end over the last decade, ever since. But still, the cooperates, many cooperates are around and they're sitting on the history of data of easily 20, 30 years sometimes. This industry data is mostly untapped from the data science perspective. So we see a huge potential if the startup is still in development. At the same time, because of the history of coal mining and street production, companies are very closely connected to each other. So your chances, if you're getting one client for your product in this network, the shops are pretty good that you can sell it to some unknown companies there as well. So just to name a few, maybe those names will not tell you anything, this is pretty fine for there. Kind of probably not too small in Germany. I guess very famous ones is where the vocal was already each one of the main developers. Yeah, the design needs a bit of an easy reference. Okay, not very interesting time. What is earlier for you with your style? We just launched our first open core with a bunch of data challenges you can apply for SSI. So what is happening on our webpage, you find real-world business problems, business potentials for our company partners. They come together with new data sets you can apply to those challenges. And of course, if this partnership works well and everybody's happy, you have very good chances to create a new client in the time of maybe a new investor for you.  So you find all those challenges on our webpage, data.tour, currently you find our first open core seven challenges that are really focused on data science. Please have a look. I will now introduce you to three of those challenges to give you a impression of what it's all about. So, relatively easy to understand. I think it's so easy to solve this one from one of our partners in the rural region that's still in the water business, actually. So what they have is they have a couple of thousand sensors in the lakes and canals around the rural area collecting information about water level, water speed, so they control, they can accordingly control their water pumps later in the process. This is really critical for them to understand like and also predict how water level will develop over the last couple of hours. So for their own prediction models, they need high quality data. But those sensors are of course outside, so they get dirty, they break, sometimes there's a connection problem or even some benefits that happen. So what they're actually having is a team of specialists that mainly focus on fixing the sensor data on the database and identifying problems saying, okay, somebody should drive out into the field checking this and that sensor because the numbers look kind of strange. But it's fixing this data for their own models is a little bit more challenging than just taking the average over the start and point that it seems to look right. There's a lot of experience connected to this. So this could be very interesting data science case to replicate this experience, this knowledge that those experts have with the data, with the model. Another case that's actually my favorite, it's about ground depression. So as I mentioned before, the Rua area has a long history of mine. So they get done 1,200 meters or something like this and it has a lot of mine that was happening in this area. What it means if there's maybe a structural problem in the ground because of this mining and this can generate problems maybe 20 years later, 15 years later, causing actually holes collapsing on the surface. This is really an issue and can be the data of the future. So what's considered an indicator of the structural problems in the ground that can affect the surface are actually small ground depressions. Can be two meters wide, 80, 70 meters deep. But they are hard to find, right? We have data, our partner has data, R2D data as well as like 3D data of this area. But finding those depressions is currently a manual work and this is very inefficient and we are looking for somebody who comes up with an algorithm to improve the situation to automate this. What you can automate, what is very well automated is already, if you for example, have a new small ground depression, right?  This can be identified really because this is not a challenge. The challenge is, how can I do it when I have no history of this, like flying over the area for the very first time. It personally reminds me a little bit maybe of finding cancer in X-ray pictures, but it seems to be a little bit similar, but this afternoon we will hold it with the rest of the session. Another case, natural gas price prediction. There's a European exchange basically of gas. It's not so much, this case not so much meant to predict the gas price in the long run, more on the daily basis, like even intraday. So what does influence the gas price? Okay, that's the obvious one, right? Well, okay, please. Electric power price seems to influence the gas price actually in the past it was oil, but this is not the case anymore, so electric power seems to be a better indicator. Also, our two emissions. If you want to burn gas, you have to buy CO2 emission certificates. To neutralize, that's also their prices influence the gas price. And also when we have also data on plant maintenance and the gas needs of Norway and basically get candidate the information of, okay, in two weeks we'll have the method of maintenance so for a couple of hours and we know the gas going through the pipes, what means this might influence the gas codes. This is just a couple of ideas we have came up with, or factors that might influence this price, but you want it to also be free to use other ones that you can come up with. So there's three of the examples, three examples of the challenges that we have on our web page. Let me tell you a bit about the process actually here. We, I'm not an open data platform. We don't want to be a web page where everybody can upload this data and without any idea what's behind it or what can be useful for and just waiting for anybody to pick it up and do something with it from our experience so far as that those platforms are not working so well. What we want to do is that our partners provide the data assets as well as bring a specific use case with this data actually and those seven use cases right now in front of the web page. Where we also separate a little bit is from running data changes in the way of, for example, category doesn't. I really like those category changes. I participate with myself and a couple of them. I really love them, but there's usually more that really takes it all, right? A lot of people, a lot of startups have a lot of time into this and basically you get something out of this if you make it under the top three days. So in our process, selection will take place before you start working on it. So you can use all your resources, all your focus on this specific problem because you're the only one working on this. So it takes me also to the timeline. Our application phase was one in September and it's also still running in October. Our deadline is so 21st of October. Then we'll be about like 10 days selection process of the specific startups with the partner that's actually providing us data. And then it will work for around three months depending on the case, complexity of the case, on the specific use case, and then we will think about long-term cooperation depending on the outcome of this. We should apply which startups are we looking for? Again, we're looking for startups globally. You should be a startup in the data science field that would be for sure beneficial. One hard fact is we want to have you a legal entity for over six months. So it means like if you're a couple of students have an idea, this may be not the right program for you, maybe you need to do something else. So we want to have a legal established company. And of course, when you sign up to one of those challenges, please send us your application, contain your technical approach that you need to try on your own on the program, as well as your ideas, references from projects that may be already done. This is very beneficial if you want to be selected for a specific use case. Again, that line is 31st of October. Maybe you look at our web page at those seven challenges and say, okay, I have any data science field and I have some experience there, but maybe there's no use case right now that it's been filling me. And then please at least sign up to our newsletter because as I mentioned before, this is our first open call with the first seven challenges. The next open call we are already planning is probably beginning of next year, maybe end of this year. We will write the next open call with new challenges, new partners. So the probability is high that maybe then there's a challenge for you as well. So if you want to be notified, please sign up to our newsletter. Or if you know another startup, maybe that you are aware of that we don't know, that could be interested in one of our challenges, please notify them, let them know. Maybe this is a good match. So again, this is our webpage, data app.org, thanks for your attention. And I hope I will see a lot of sign-ups and applications in the future. Thank you. Thank you very much. Thank you very much. Thank you. Okay, I think Paul has a question for you. Just a quick one, I have two. The first one is, I love to see the slides on the previous one, you access a data with this tree. So I assume you have some sort of versioning with the data on your platform. Maybe you can share more on that. And then let's say if someone wants to interact with their data, let's say someone you have to send already in the process itself. When they interact and get access to the data, please sit by it, like if you provide APIs, or this is something that they download by a CSB, or this is something that they have a kernel running on your platform that you can access, especially for p-data, they cannot just download that or something. Wow, how old are those? Big question depends. There's other stuff in there. So what we wanted to achieve in the end is we want to build also bigger assets, right? So right now, those use cases come with specific data assets. You can request on the web page a data sample. We will send you some couple of rows, basically, of the data. The first look at, we will receive the full documentation about the data. You will not receive the full data set. The full data set will be available to the startup that will run on the specific product. But what we want to do is, of course, collect those data assets over time on our data hub. What means, if you maybe are not chosen for a specific problem, but you would say, OK, with this data, I could solve a completely different problem that is not part of the use case. Then please reach out to us. We will manage it to get access to the data. This is the idea. We want to connect basically people. We want to connect also startups also to the right persons within the corporate. Because from our experiences, it can be quite hard. Like, if you don't know anybody in the corporate world and it's a corporate data firm, it's really hard to open the door, to gain trust, to talk to the right person. We want to take this up. We want to be there as a mediator for you. Like, connecting you to the innovation officer, whoever, who's in charge of the data, who can basically decide which data is useful for you, and there's even additional data that we haven't thought about. So we really want to be there as a mediator between both sides. Data, it depends, right? So we receive a lot of data from a CC format, extra format as well, if they are not so big. We have some 3D-point data, GIS data. Format-wise, it really depends on the use case and the kind of data. You will always receive their documentation files that basically explain to you what it is. We really want to have data in standard formats, so not something super fancy where you have to buy a specific software for $20,000 if it's not that big. Any more questions? Anyone has questions for the next? OK. If not, I think we can end our today's session. Thank you very much, please.