Hello and welcome to CMC Markets on Tuesday the 30th of September and the weekly market update and the end of the month and the end of the quarter and it's been a bit of a strange September if truth be told. We've obviously had the Scottish referendum. We've had another rate decision from the ECB where they eased policy further and we've seen new record highs on the S&P 500 yet I can't get away from that inescapable feeling that some form of nasty shock is around the corner and we've seen once again geopolitical concerns once again added to the mix this time out of Asia with the unrest that we're seeing from Hong Kong and that's really filtering through into Asian markets at the moment and now there are concerns about certainly the health of the economic recovery in that part of the world notably in China obviously Japan as well we've seen a significant sell-off in the Nikkei but what we've also got this week is a whole host of very important economic announcements this week from the ECB once again where we're getting an awful lot of speculation that we could well see further announcements of further stimulus from the European Central Bank and we've also got US non-farm payrolls on the back of further descent from the FOMC we now have two dissenters on the FOMC committee and to go with two dissenters on the Bank of England Monetary Policy Committee so I think the coming quarter is going to be a very interesting one indeed but for today's market update I'm going to be looking at Euro dollar and the prospect for further losses on that particular currency pair I'm going to be looking at dolly yen as well and looking at the prospects of further gains there looking at the S&P 500 the key levels on that particular chart and and some key levels on the Nikkei 225 as well so let's make a start with Euro dollar and the daily chart because it's a it's going to be a big week for the Euro we've seen some very poor economic data out over the past week or so CPI data core prices have slipped back and that's really reopened speculation of further measures from the ECB at this week's rate meeting in Naples now in the last couple of days the Euro has broken down through a number of very key support levels which would seem to suggest we could well see further losses so let's look at the daily chart now the daily chart is showing us that we've broken through that key 61.8 Fibonacci retracement level that I've talked about in previous weekly updates at 127.80 that's gone it's history it's behind us and really if we need to if we're going to see a significant rebound in the Euro we really need to get back above that what we've also done is we've broken below the lows that we saw in November 2012 at 126.60 we're below that now and the likelihood is that we could well see further losses going forward what we really need for a stabilization of the Euro dollar is really for the Euro to recover back above 127.85 and that old 61.8 retracement level from the lows in 2012 when Mr. Draghi out of those immortal words to do whatever it takes to the highs that we saw earlier this year just shy of 140 and the first the first support that I can really find on the chart in front of me right now is those lows just to the left of that low in 2012 at 122.85 123 now if you look at the daily chart and you look at the oscillators it's very oversold and if you look at the weekly chart it'll also tell you it's very oversold but a chart can stay extremely oversold for quite a significant amount of time and that's something that you really do need to bear in mind when you're looking at trading Euro dollar or any other product for that matter now the key question now is given the poor economic data that we've been seeing coming out of the Euro area what the ECB will do at their meeting in Naples this week and my hunch still remains that they will probably do nothing we may see further colour on the ABS measures that were announced in September it's unlikely the ECB will announce further measures so soon after the measures they announced in September so I think if the markets are pricing in the prospect of further stimulus they could well be disappointed and we could get a bit of a short squeeze in Euro dollar we're certainly overdue one it's also a big week for the US dollar and so there is a US dollar side to this story we've got US ADP we've got US non-farm payrolls and we've got US ISM now I think most markets will most market participants will be focusing on the non-farm payrolls number now you may recall the August number was very very disappointing it came in 142,000 the worst the worst figure this year will there be an upward revision to that number that's going to be one of the key factors to focus on on Friday also keep an eye on the average earnings numbers because if they start to tick higher that could be significantly dollar positive and actually could push dollar yen higher now let's look at dollar yen in that context because we're getting very very near that 110 level looking at a Japanese candlestick chart in the same way that we were with Euro dollar we broke above that 105 50 60 level and those of you who follow my weekly market updates will know that you know once we got a break above that level then the likelihood of a significant break higher was significantly high and we've certainly got that the next resistance level is the horizontal line that I've drawn through the highs from late 2008 and that comes in at 110.70 so if we get a fairly good non-farm payrolls number positive payrolls number positive US data we could see US dollar yen push up towards 170 now if dollar yen does break higher that could actually have significantly positive impact for the Nikkei but now if we look at the Nikkei chart we can also see that's pushing against significant resistance from the 2013 highs but it's come off in the past few days over concerns about the unrest in Hong Kong a slowdown in China as well as disappointing Japanese economic data but I think the disappointing Japanese economic data makes it much more likely that the Bank of Japan could well be more accommodative that will certainly be yen negative Nikkei positive so if we get a break higher in dollar yen we could also get a break higher in the Nikkei. Last but by no means least let's have a quick look at the S&P 500 this is a daily chart that we're looking at here and if we draw a trend line from the 2010 lows that currently comes in just below the levels where we are at the moment around about the 1960 level if we get a sell-off from current levels that's the key level to watch over the course of the next few days. Okay so that's pretty much it for this week thank you once again for listening just a quick reminder to tell you that we have a non-farm payrolls webinar on Friday between 1.15 and 1.45 I'll be hosting it along with my Canadian colleague Colin Szezynski so if you want to listen in just sign up along this link here and hopefully we will both talk to you then. Thanks very much for listening.


Hi, I'm Greta. I'm the module convener for poverty reduction. I'm one of the newest staff members of SIDEP. So I thought I'd use this opportunity to talk about what we can learn from business history research, given that this was the topic of my PhD, which I recently finished. So my PhD was on Indonesian Small and Medium Enterprise Development since roughly the late 1960s. And I started this topic because I was initially interested in industrial policy, the Asian miracle, tiger economies. But then I started discovering questions like how does this affect the economy at large? How does the average person participate in this process? Do they participate in it at all? Given that we know a lot about large enterprises and conglomerates, but we generally don't really talk about the average for small and medium enterprises, and do they change? Are they part of this industrial transformation and on this path towards economic development? So in my first paper, which is now a couple of weeks away from journal submission, which is very exciting, in the life of a young academic, I look at the fact that one of the features of the East Asian model is the principle of shared growth, which included various reforms, including small and medium enterprise target support policies. And in the case of Indonesia, Sahartus new order government, which was in place between 1966 and when it was toppled, and Sahartus finally stepped down in 1998, which restructured the economy along similar lines, which included strengthening small business to promote income equality. And yet, despite all these government ambitions, it's commonly argued that Indonesia suffered from a supposed missing middle. So Indonesia's missing middle and this perceived inability of indigenous firms to grow, especially vis-à-vis Sino-Indonesian businesses has been highly politicized and subject to a recurring heated public discourse. So I thought this would be worth to look at in itself to establish is this true in the first place? Do we see this missing middle? So I analyzed the emergence of the missing middle, and I discovered that this develops as the Indonesian economy grew. From a kind of pinpoint when I asked why this happened and attempt to identify the main barriers. So in the case of Indonesia, what this business history research revealed is that there was a shift in firm-sized distribution, as I would have expected. You would expect firms to grow larger as an economy develops, but that this shift was mainly from micro enterprises, very tiny firms towards small enterprises, while there has been this persistent gap in the medium-sized firm sector. And in this first paper, I built a comparison to South Korea and Taiwan, both also tiger economies, but also to have a reference point. What does this all mean? And you will find this in your research as well. There's an advantage to taking a comparative approach, given that it immediately allows your reader to kind of situate what your findings actually mean, what are the implications. In my case, working in firm-sized distribution, is this a lot? Is this normal? Is this a part of their regular development trajectory? And in my case, this comparison shows that this missing middle that I find in Indonesia cannot be explained by Indonesia's stage of economic development. And rather, what I find is part of my analysis, where I look at the value added per worker, I find extremely low value added per worker and micro enterprises and small firms, which I say is indicative of a dual-economy model. Dual-economy model is something you'll learn if you choose to do your masters with us at CIDR. So this is kind of a bit of an insight of what I'm currently doing. This is my main project. My next project looks at the issue of development of access to small-scale business credit in Indonesia, which is often identified as one of the main constraints for small and medium enterprise development everywhere. So I look at this in the case of Indonesia, but it has important implications for governments all around the world and how do you choose to support the sector, what works, what doesn't. In Indonesia, for example, you see quite a lot of investment in to subsidize SME credit schemes, which I find don't work very well, if at all, given that they tend to lack the incentive structure for customers to repay and for banks to collect on that debt. So you can see that you can learn quite a lot from business history research about what... Well, my personal angle is government policy, but how do they work? Is it worth investing? Often there's a huge discrepancy between the ambitious goals and what you then actually see implemented in the field, and that is an observation you'll probably make in very many areas and fields, far away from business history research, if that is not your thing. So I hope that gave you a little bit of insight. It was nice to meet you and I'm looking forward to chatting to you soon. Bye!


We're having the actual run signal non-race on August the 30th at Preston's Berg.  Plus we have the police cars with the blue lights on them at intersections and we just light the night up and it's a good fun time. Shirt orders go in Monday so you still have time to register and get your shirt on race day. But we've also added a new leg to the race. We're going to do a virtual race and you can go through Eventbrite and order your tickets and you have different options and one of those options include a Finisher's Medal for doing a virtual race which starts September the 1st and you have until November the 1st to get your run in and post your run to the page so we can get your medal to you. Because you can do it on the treadmill, you can do it at your house, you can do it with a group of friends, you run at your own pace, at your own time. Maybe some people you know aren't that well at running and they get embarrassed to go in a big group so you get to do it at your own pace, your own time. And the race is on a holiday weekend so this gives you an option that you might find some more time to get in your run if you can't make the actual race. We actually added more children. We took three from our MacGuffin Martin and Johnson counties because they have fewer schools. We added $50 to the normal $100 that we give them. They get a full meal for their families. They eat at McDonald's, they have breakfast, they have lunch and get the meal to take home to their family. So it's a great organization and we do a lot of things for the children. We'll be doing that at Walmart December 20th this year at 10 o'clock. Anybody that wants to come out can come out and watch what we do. Troopers all get up with the kids. We had more troopers than children last year so it's a really festive good time.


SCP-1877 Object Class Safe Special Containment Procedures Due to the impossibility of transport, each instance of SCP-1877 is contained in SIDU at the subject's original point. When practicable, the Foundation shall secure ownership of the origin point, soundproof the subject's living quarters, and install inward-facing locks on any interior doorway that adjacent to the subject. Every medical staff are to review subject's condition on a 48-hour cycle, measuring any visible extracorporeal intestine. Any intestinal retraction of over 10mm in a single 48-hour period is to be immediately reported to research director. Any publicly accessible infrastructure containing any length of extracorporeal intestine is to be rotated out of service as practicable, or serviced only by Foundation-approved personnel if impractical. Endoscopic discovery of any additional extracorporeal intestine is to be reported immediately to the research director. Description SCP-1877 is an anomalous gastrointestinal disorder affecting a number of geographically disparate individuals, designated SCP-1877-01 through SCP-1877-03. In addition to their abnormally long and continuous gastrointestinal track, subjects exhibit severe neuropsychiatric symptoms, including left hemispacial neglect and myelospasia. While subject's immobility renders most medical imaging impractical, preliminary EEG results demonstrate unusually high levels of electrical activity in patients' right parietal lobes. To date, over 30 km of continuous intestine have been endoscopically mapped. Subject's intestinal tracks have been observed to intersect with numerous man-made artifacts, including pilot lights, electrical conduits, light bulb sockets, telephone receivers, water mains, sewage pipes, and subway tunnels. Thirty-one hours after entering SCP-1877-01's digestive tract, objects which have entered that tract can be observed passing through SCP-1877-02's entry stoma and exiting thirty minutes thereafter. Presumably they then travel to SCP-1877-03 and are passed to additional individuals or excreted. Matched portions of the SCP-1877 gastrointestinal network consist of the following. Four centimeters beyond the pilotwork valve, SCP-1877-01's duodenum turns outward through a painless stoma in its abdominal wall, extends across subjects' living room, and enters a light fixture located in the ceiling of his apartment. The actual and endoscopic investigation of his gastrointestinal tract seems to indicate that it then descends through the wall of his apartment, enters a waterline, diverts into the Washington, D.C. metro system, and then takes a sharp southward turn which renders endoscopy impracticable without severe injury to the patient. The subject's gastrointestinal tract then resumes in Busan, Korea, exiting through a pilot light in SCP-1877-02's oven, traversing the kitchen and bathroom, and entering through a painless stoma in the second subject's abdominal wall. After 1.4 meters of superficially normal small intestine, a second length of jejunum exits through a second stoma in the interior abdominal wall, descends into the subject's bathroom sink, and passes 3.7 kilometers through the Busan sewer system. The actual investigation demonstrated that SCP-1877-02's upper digestive tract is no longer continuous with the lower digestive tract now occupying his body. A third individual, designated SCP-1877-03, is presumed to exist but has not been found. Presuming that the southward bearing of SCP-1877-02's small intestine is continuous, the uncontained third subject is hypothesized to live somewhere within 30 kilometers of Adelaide, Australia. At present, subject's condition is unstable. Beginning in 2007, both known subjects extracorporeal and testine begin to retract into architectural features of their apartments. At recovery, SCP-1877-01 presented with 24 meters of slack extracorporeal and testine, permitted him limited mobility within his quarters. At present, SCP-1877-01 only possesses 8 meters of taut extracorporeal and testine, confining him to a single room in his apartment. SCP-1877-02's retraction has been less severe. At recovery, subject presented with 41 meters of slack and testine, post-recovery retraction has reduced his intestinal slack to 34 meters. Addendum On December 5, 2012, a Foundation recovery team entered an apartment in Adelaide, hypothesized to be the origin point of SCP-1877-03. No anomalous features were detected, however a handwritten letter was found in the apartment's dishwasher. That letter is transcribed below. Dear General Electric, I have long appreciated your products, but now I draw close to the socket and there are questions. For instance, what is the problem? I think the problem is that there is a bad disease. My stomach hurts. And I own a General Electric dishwasher, model PD-968-DPBB, and it does not even help me. Everything growls and boils and whips. There is a stink. I have called my cousin in America and told him that there were difficulty with sickness. He told me to call you because you are aware of the problems come from, that there is an electrical wave which comes from my dishwasher and goes to my guts. Also what will happen? The problem is not very bad. I have to stand so close to your socket that I can hear the electrical wave. Like whale song, I will have to go in soon. My guts will make me. I know that General Electric cannot make a stop, but there needs to be an answer to the mystery of the appliances. The answer should come in the manual which goes with the socket, so that there is less anxiety when we all have to go into our appliances and live in the guts of the earth, as all of us someday shall do. Tomorrow I think I will have to go in. When it ends, will I live alone in the names of appliances? How does one traverse the guts of the earth so that there is no problem? Is this a sickness that shoots an electrical wave from all dishwashers or just mine? Please call me tomorrow, General Electric. There will not be much time. I have so much anxiety. Thank you so much for all your products. Though the letter appears to have never been sent, a review of telephone log indicates that a call was placed at the apartment's telephone from General Electric's headquarters in Fairfield, Connecticut. The precise origin point of that call, the subject matter of the conversation which followed, and the individual responsible are still undetermined as of.


Hey fellow buddies. Thanks for watching. All right, you guys in this video We're gonna talk about the share post where you guys share your bolos and I feature them in a video and It helps educate everyone. We all learn. I am changing the format if you don't know I have canceled memberships So this is really gonna benefit pretty much Everybody that shares and I'm gonna explain that to you now first off if You did not see that I canceled memberships you can go to this video right here Why did I cancel memberships? And I just kind of explained to you why I made this decision and Now I'm going to share with you how we're gonna move forward from this decision So I'm gonna take you over to my Bolo buddies Facebook group that just hit a hundred thousand members It is just absolutely crazy but Where you're gonna need to go to share is under the featured section and you can see right here It's always at the top. I'm on my computer right now It may look a little different on your phone, but you're gonna want to find the featured section So if I click on featured it is gonna be the top post in this Situation you may have to scroll to the right or the left Depending on where the placement of the post is right now. It's right at the beginning So here is how the new format is going to work This is the only place that you can share links in the Bolo buddies Facebook group It is a there are no links in the group. The only person that posts links in the group is me I do have The permission from myself to post links, but I am the only person that posts links. So in This situation under the featured section, I will have a post that looks like this Share a sold link in the comments. It used to say share a screenshot I am changing the format so that you guys can post your sold link All right So this one is for December and it says share a Bolo for an opportunity to have your Bolo featured and a Bolo buddies Video so everything is pretty much the same. I need the same information if you guys have posted before but Instead of sharing a screenshot, you're going to share a link. So how do you do that? So I'm just gonna kind of read to you what it says and explain maybe some of the things that might be confusing Share sold link. How do you do that? Well? I go to my computer. I find the item in my solds I click on the item and then I just cut and paste the item oh What do you call it the link that's in the browser just cut and paste that With that you will need to include where you got the item what you paid for it And what it sold for if you took a best offer now, here's where things change it If you want to have your eBay store your McCurry your Poshmark closet Whatever the Bolo is from if you want me to share your platform name This is where you put it. Okay. It has to be in the post or I will not share it I do not share names Everything is completely private. The only thing that's going to be shared is your store name if you put the information So if you would like your store name mentioned, please include store name in the post I will read what you write So whatever you write in that paragraph along with your sold link is what I'm gonna share Now what is good about this all of these links that you guys are providing are clickable So if anybody is looking through The list on Facebook, they can click on the link and go into your store and check it out So it is now a clickable link also in addition to that anybody that wants a shout out in the video If you include that in your write-up that will be included in the video as well. So That's something to keep in mind. I did put limited space is available But I usually get to everyone in the videos I will read off the info provided in the comments during the video when I share your Bolo Your name will remain private, but if you share your store in your write-up, I will include that information Again, this is the only place that links are allowed in the group if you share a Bolo in a regular post It must be a screenshot All right, meaning not under this post if you just organically go and share a post, please use a screenshot But I would love for you guys to share here because Then you can be in the video. Okay, so I did provide an example of what your post should look like So mine is this vintage Avon advent calendar and as you can see this is a sold listing So what I said is I picked this up at the Goodwill bins for a couple of bucks by weight missing the mouse sold for sale price Of and then when you click on the link it I should have put the price and you're gonna see That it sold for $93 now. I am gonna edit this and put the actual sold price. I do recommend that you do that I kind of messed up Calling myself out here But I did put sold for sale price But you would have to click on the link to see that so I should probably include that so that you don't have to click on the link And then I put eBay store Bolo with Olo farmgirl scavenger Noel over on YouTube she said I picked this up at an estate sale last summer I paid 50 and did my homework and obviously it paid off. She also didn't put the sold price so Please put the sold price in the description But if you click on the link, it's gonna show you what it sold for and I think it sold for over a thousand dollars Now this one she did it correctly. So everybody do it like this She put her sold listing and she said pick this creepy beauty up at an estate sale in a bag of vintage doll heads for $8 Took a best offer of 479.95 and buyer paid shipping eBay store found by chance. So hers is perfect farmgirl scavenger Noel did not put her eBay store name and We both forgot to put what the item actually sold for so don't do it like us do it by like found by chance did it and actually include the information that I asked for so This is how it's gonna work So I would love for you guys to go over to the Facebook group and actually share your Bolo in the post The format is gonna be a little bit different instead of popping up screen shares It's gonna be more like my bread and butter Bolo's or my big money Bolo's where I'm pulling up tabs I think this is nice because you can actually see the item bigger and see some more of the information So that's what we're gonna go with and again if you want me to shout out your store Please include that information, but the only way it's gonna get shared is if you use a sold link And you should be able to use that on any platform Mercari Etsy Poshmark any of those alright, so just put in the sold link and That's it. That's really the updates for the sharepost for The Facebook group I'm gonna go in right now and edit my post Because I messed it up. I told you to do it this way and then I did it wrong Anyway, all right you guys thanks so much for being here. Thank you for watching. Let me know if you like the new format and Be sure to like comment subscribe and share and thanks for watching


Hi everyone, Joe for jaspyscasebreaks.com coming at you with 2020 Topps Definitive Baseball. Three box, pick your team, number five from jaspyscasebreaks.com. Love this stuff. Big thanks to all these folks who got their teams. Appreciate it. And there are some number block situations here too. We've got two different number blocks. Here's the first one, and they're all uploaded and done in separate videos. So here's the Cardinals one. And here's the Yankees Dodgers, blah, blah, blah, one. Just a side next to me over here. Here's the case right here. I'm assuming this is the case, there's def on it. For definitive, it's three. And one pack, three boxes, one pack. Looks like it, so far so good. There it is. Good luck everybody, here we go. We have anyone in here watching this break live? I know they sold out a little while ago, so maybe we've lost some people, but maybe there's some people still around. All right, good luck. All right, Nancy's in the house, hi, Nancy. So she's here, Corey, Nick, Stanley. All right, great, good, good, good. Here we go, good luck, ladies and gents. We're gonna lead off with a train whistle. Miguel Sano, five out of five, excellent patch. There you go. Twins, that's gonna go to Aaron. Aaron P, last spot mojo. And you can look those letters and numbers up on mlb.com slash authentication.  And then look at the box course, see if he was playing and see what he did. Out of fives and under, get the train whistle. All aboard, the big hit express, whoop whoop. Good start. Then we've got Elvis Andrews, same deal with that sticker there. Someday, I feel like in the future, almost any product worth their salt will have some kind of hologram sticker. I know exactly what game it's from. And all sports too. I think we're trending that way. 15 out of 30, that'll be for the Rangers. Rangers are a number block team, so Rangers five is on this side over here. That's gonna be Jeff Peace, got randomized number five. Our first, oh, snag two. Our first autograph is Chipper Jones. 25 out of 25, Braves are a number block team. So Braves five are on this side right here. That goes to Eric. Eric S. Last but mojo in that number block randomizer with the Chipper Jones. Then we've got three time AL Silver Slugger award winner, Robin Yownt. He's got a nice auto. 19 out of 25, Brewers for Charles. With the brew crew, got the brewer straight up. We've got a dual relic and dual autograph. Both the same team, no randomizer. Reese Hoskins patch auto, Aaron Nola patch auto, nine out of 10. It's a really good looking card. Great, excellent, excellent penmanship from both of these Phillies players. Phillies picked up straight up by Steve Locke. There you go, Steve. And all game use material. We've got Pedro Martinez, nice. Nine out of 10, Pedro Martinez, Jersey and autograph. That's Red Sox edition, also going to Steve Locke. There you go, Steve. Remember when my Dodgers traded him to the Expos for like Delano to Shields? There's a Rossini's Aquino, 31 out of 50. Nice, that's for the Red Legs. That's gonna go to Eric Bailey with the Reds. And the last one here, ooh, game use for sure. You can see it's a bit of that infield dirt right there. Eight out of 25, Raphael Devers. Steve Locke, Boston, Red Sox. Nice, little wrinkly on the top low or on the penny sleeve there. Pretty nice stuff. Next box. Good luck everybody, what's going on here? There a button in there or something like that or just the cards? I don't know, we'll find out when we get there. 19 out of 30, Ryan Braun. Brewers, with that one, Brew Crew Charles. And a three out of five, David Ortiz for Steve Locke. Nice, that's a great looking patch there, Steve. And you even have the hologram sticker in there too. Nice, you can look those letters and numbers up on mlb.com slash authentication. Nice, and all aboard the Big Head Express. Woo-hoo! We got, ooh, the Ryan Express, three out of 10, Nolan Ryan. Most strikeouts, that's all I gotta put there, most strikeouts. Astros Edition going to New York with that. Then we've got Peter Lanzo, 10 out of 35 Peter Lanzo. Tim, with the New York Metropolitan's. Nice, on-card auto. Dual autograph, ooh, a randomizer, uh-oh. 27 out of 35, Ronald Acuna Jr. and Juan Soto. Braves are a number block team on this side. So Braves seven is Nancy, you have a shot at it. And Nationals are a number block team. It's on the same number block, Nationals seven. No randomizer, ladies and gentlemen. This goes to Nancy. There's that lucky seven, Nance. Ronald Acuna Jr. Juan Soto. Two young and exciting players. No randomizer, lucked out there. All right. We've got Rod Carew, piece of his lumber, and autograph, 20 out of 50. There you go, Twins Edition going to Aaron. Last spot, Mojo, strikes again. We have 25 out of 25, Brendan McKay could be the next big two-way player like Otani, like Shohei, Rays are a number block team. That's on the Cardinals one. So Brendan McKay, five, Jeff Peace with the number five. And let's see what's going on here. Woo, wow. You can't contain that MLB logo man in that window. One of one, Juan Soto. Woo. That goes to Nationals one, it's a number block team. Corey, Corey with Nationals number one. And, all aboard, whoo-hoo. That is nice. Corey shook, he shook. MLB logo man, Juan Soto. On-card autograph, one of one, out of pretty nice set, definitive. Ooh, there's another great, excellent patch coming up, wait for this. Three sponges here. Who has this team? Oh man, I wonder if this person's here. Carlos Duran, are you here? He got this team straight up. George Brett, one of one, Royals patch. That's their badge. Wow, what a break. That's a game used as well. Carlos picked up the Royals straight up, Carlos. All aboard, the big hit express, whoo-hoo. And we've got Trey Turner, one out of 50, Nats, hologram, sticker in there as well. That's another one for Corey, Nationals one. Redemption, Nolan Aronato, Rockies.  Sign your cars. Looks like it's a book too. That's pretty, if you end up redeeming that Brady, send us a picture. Let's know what that looks like. And got Don Mattingling, Donny B. Got a little inscription there too. 14 out of 35 Yankees number block. Yankees four, Daniel Posey. Another dual autograph. Jose Altuve, Jordon Alvarez, two out of five. That goes to the Astros, to York with that one. All aboard the big hit express, whoo-hoo. Then we've got Jim Tomey, White Sox Edition, 28 out of 50, Jersey and autograph. That's part of the Yankees, blah, blah, blah, number block. And it's Randy, Randy with number eight. We've got the White Sox Edition of Jim Tomey. Nice on-card autograph too. We've got Trent Grisham, eight out of 10 for Charles and the Brew Crew. Callie saying George Brett's local guy went to El Segundo High School. Yeah, I forgot that he's from around here. Does he still live around here? And last but not least, Red Sox JD Martinez, 27 out of 30, another great hit for the Red Sox and Steve Locke. No randomizers or anything like that to do. Nice, clean break of definitive. Keep an eye out in the shop. We'll see if we can get some more of this stuff. There you go. Check it out, jaspyscasebrakes.com. I'm Joe. I'll see you for the next break. Bye bye.


One of the issues that I'm thinking a lot of people is, unfortunately, just how we comprehend things. Now, I want to kind of break things down almost in a way, kind of how we do reasoning or how you might put together a math equation, for example, a equals x, a equals x, b equals 2, c equals 5, a plus b equals c, well then what does that mean, a equals, what is x? Again, if b equals 2, if c equals 5, well then 5 minus the 2 will mean 3, so that means a equals 3. Are you with me? That's kind of how this works. So, sometimes we're told something that's definitive about either us or about God. Sometimes we're told something else. And putting it together should not be that difficult. Are you with me? So, a plus b equals c, 2 or 3 plus 2 equals 5. Why am I saying that? Well, I want to go over a passage that is clear, crystal clear, about our salvation, but people tend to add things that are not there. So, let's go to the passage in question. This is Revelation chapter 3 verse 5. Let's see what it says, and let's also see what it absolutely does not say. 3.5 says, the one who conquers will be clothed thus in white garments, and I will never blot out his name out of the book of life. I will confess his name before my Father and before his angels. So, now, what does the passage say? It says that the one who overcomes will be clothed thus, matter of fact, it might be helpful. Let's go to verse 4 as well.  What people come back and say is that, one, he says, I will never blot out your name, meaning that means he can blot your name out. I don't understand the rationale. How do you take, when he says, I will never do something to mean, so you're saying there's a possibility. So, you're saying, even though you said, I will never do it, that means it's a possibility to do it. That's not even good logic. But then they'll also add, the first part of 5, they'll add a condition that's also not there. The one who over, who conquers, I'm sorry. Some verses might be overcome. Some people are going to take that to mean that, if you overcome, if you conquer, if you overcome, if you conquer. Well, there is a word in Greek for if and it's not there. There are conditional words that are used in Greek to determine that this must happen in order for this to take place. You'll see sometimes in Greek, the word hati or the word henna. Neither of those are there. What you see is a participle. What you see is a description of the people who are in Christ. We are called overcomers or conquerors. Now, before I get there though, I want to talk about this book of life. Now, you need to understand that there are also not just the book of life, but there are also other books that are spoken of in the Bible. So we want to make sure that we're talking about the right book, right? So let's go to the passage, Revelation, 2012, and he said, I saw the dead great and small standing before the throne and books were open. Then another book was open, which is the book of life. So there were books that were opened, meaning we won't go into what these other books were. We are going to cover one of the other books, but there are more than one book at play that needs to be understood because when the Bible references another book, sometimes people might want to say, well, that clearly means the book of life. It does not. Let me give you an example. In Psalm 69, as well as Exodus 32, this book comes up. The first book we're going to look at is going to be the one in Exodus. Exodus 32, this is Moses speaking. He says, but now, if you will forgive their sins, and if not, please block me out of your book, which you have written. Well, this is kind of reminiscent of when Paul was speaking, when Paul says, I could wish that I were a curse for my countrymen. As a matter of fact, Paul actually ends up covering some of the things that Moses has stated and even had to deal with him. So Paul says the same thing. I could wish that I could be a curse for my own countrymen. Not Paul, Moses is saying something similar. He says, but now, if you will forgive their sins, if you won't forgive their sins, if not, please block me out from your book, which you have written. The question is, which book is he speaking of? Is he speaking of the book of life or some other book? Well, I'll submit to you that there is another book that deals with the book of those that are alive. We cover that in Psalm 69. Let's go to it in Psalm 69 verse 28. David says, may they be blotted out of the book of life and may they not be recorded in the righteousness or I'm sorry, with the righteousness or with the righteous. So he seems to be talking about two different things happening to them. Not one thing described two different ways, but he seems to be talking about two different things happening to them. I think that's what he's talking about because the issue, what we ought to key on is this book of life. And is this book of life that David is talking about? Is that the same book of life that we're talking about in Revelation? Now, let's go back to it and let's look and see. This word here for the book of life we see over here. Look onto the right hand side. We see the word separate from means appear, which is from the book and then excuse me, and then Cayenne. Now, Cayenne, remember what we said before that if you have in Hebrew, there's three ways that you could number something. One is the singular. Two is the dual. Those who should be self-explanatory singular. That's one dual. That's two. And then you have what's called the plural, meaning three or more. Well, this is the book of the Cayenne. The Hebrew word for life or to live is Cayenne, which are Cay. Well, this is Cayenne. This is the plural and it is the book of the living. This is literally called the book of those that are alive, the book of the living, the book of the people that are living right now.  This is David's imprecatory prayer. I'm mad at these people.  Kill them. That's his point. Let's go back to it and look and see. Make sure you see what I'm saying. The book of the alive, excuse me, Cayenne, this word is now it means to be, excuse me, I'm sorry. This means to be living or alive. Look at the bottom left-hand corner. I'm sorry, the bottom of this, the bottom it is living or alive. It's an adjective, Cayenne, are you with me? So that you don't think that I'm just making anything up. This is the book of the living. Kill them. Take them out of the book of those that are alive. Blot them out of that. Well, that book, you can be blotted out. Now, by the way, we're not sure if God listens to David. This is just what David is praying. We know that God wasn't listening to Moses when Moses had blocked me out of the book. And again, we're not sure which book he's speaking of. I don't think that Moses is saying, take me away from you for eternity forever because of these people.  We don't have anyone that has regarded salvation so flippantly to where they would say, I don't want to be alive anymore.  Just take me out of this world because we already know that for those who have a heavenly minded attitude, that what does Paul say to live as Christ who dies again? Listen, if I live, well then I'm doing Christ's work but to die, that's a gain for me. I get to be with you. And so there in lies an issue that we need to make sure that we are aware of. This book that's spoken of in Psalms is the book of the living, not the book of life. Now, there are other books also, as a matter of fact, not other books, but there's other times when we're told about those that are in the book of life and we'll come back to it and I'll make sure that you understand this equation that I'm speaking of. So go to Philippians 4-3. He says, yes, I ask you also true companions, help these women who have labored side by side with me in the gospel together with Clement and the rest of my fellow workers, whose names are in the book of life? Well, clearly this book, this particular book has to be the exact same book that's spoken of in Revelation. This is the book of life. If your name is in the book of life, then the Bible is clear, you will be saved. The question is, can our names ever be blotted out? Also the question needs to be asked, can our names ever, when were our names actually put in? So let's look at that and then let's kind of put together some equations. So when were our names put in the book of life? And then we'll come back to Revelation 3-5 and we'll see that it is literally, God is saying, the word is saying, it's literally impossible to have your names blotted out. In other words, it will never, ever, ever, ever, ever. How many nevers, how many evers can I add that matter? It's impossible for you to have your name blotted out if it's in there. The question though now on the floor is, when was our name written? Let's go back to it, Revelation 13-8. And all who dwell on the earth, speaking of this beast, those who worship it, it says, and all who dwell on the earth will worship it. Everyone whose name has not been written in the book before the foundation of the world in the book of life of the Lamb who was slain. Well, two things. One, first thing we can understand is this, everybody's name is not written in the book. Are you with me? So according to this passage, we know that there are people whose names have been written and then we know that there are people whose names have not been written. Well, okay, the people whose names are not written have not been written, clearly they will not be saved. Clearly there is no salvation for them, their name has not been written. And then there are those whose names have been written. Now the question is, because I think that's important because some folks are gonna say that everybody's names have been written. Well, not according to this passage, let's look at it again. He says, everyone whose name has not been written. So that means that there are some names we can deduce that there are some names that have not been written or with me. Then we can also under, we need to figure out, well, the names that have been written, when were they written in the book? Well, according to the scripture, according to the passage, it says whose names have not been written before the foundation of the world. Apokalabales, which is from before the foundation of gospel of the world. So these names, whatever the names have been written, the names were written not now, not in 2022, not in 1975, not in 1843, not in the Middle Ages before the foundation of the world. Are you with me? Thank you, Ken and Adam, appreciate that. So we also see it, not just in Revelation 13, we also see it in, uh-oh, do I have this? I've got to type the exact same way. Let me type it in in Revelation 17, eight. Let's go to it. He says, the beast that you saw was and is not and is about to come up out of the abyss and go to destruction. And those who dwell on the earth, whose name has not been written in the book of life from the foundation of the world will wonder when they see the beast that he was and is and will not come. So again, John reiterates that these names have been written before the foundation of the world. We know that our names were given, were written. This is him speaking of this election process that we've covered in Ephesians one, that we were chosen in him before the foundation of the world. So names are in the book. The names are in the book before the foundation of the world, which also references or we get a backing in Ephesians one, as well as Romans chapter eight. We were predestined to be in him. So now the issue is, since we were predestined or chosen or elected in him before the foundation of the world. And in that case also, if we were chosen, predestined, elected before the foundation of the world, as well as our names being written before the foundation of the world, why then would God ever come back and erase our names out of that? Again, we still don't see or have an example of anyone having their names blotted out. Now, someone's gonna go back to the same passage in chapter three, verse five, let's go back to it. And they're going to, because they have a particular doctrinal bent that states that we can lose our salvation, they'll read their doctrine, their theology into the passage. I'm very familiar with this because I used to do the same thing. And because I wanted to be right, I did not want to be wrong, I wanted to make sure that it was, think about how silly that sounds though, I wanted to make sure that it was possible that people can fall away and lose their salvation. I wanted to make sure I wanted to prove that so bad. And when you think about it, why would I want to prove so bad that somebody can lose their salvation? It's almost like I wanted it. It's almost like some of these people want people to lose their salvation, except for them, if you notice that. But let's go back to it and let's see the condition that they put there that is not in the Bible. It says in chapter three, verse five again, he says, the one who conquers will be clothed. What they'll say is the one who conquers or overcomes says that you must conquer or you must overcome if you overcome, if you conquer, then, then and only then, that's the condition, conquering, overcoming, then your name won't be blotted out.  But more to the point, you obviously know what I'm going to do as well. Why would you write my name in the book only to turn around and blot it out? When clearly we've seen that everyone did not have their name written in the first place. You could have just left my name out like he left other people's name out, but you put my name in. Why? Not because he sees that I'm gonna choose him. No, we've covered that before, we won't cover it now, but he writes my name in before the foundation of the world and his promise is that I will not have my name blotted out. Now, they make this if, as a condition, if the question is, why don't we see if in the passage? We do not see the word if at all. It says, ha necom, which is the overcoming ones and so are the conquerors. This word indicates it's not saying that we have to do this. No, that's not what it's saying. Understanding this is just proper use of Greek or just proper grammar, period.  This is how he sees us. He sees us as conquerors, as overcomers, as those who have overcome the world. How do I know so? Well, first of all, he gives us something to do so, to help us in overcoming the world. Let's go to 1 John and let's look at a couple of passages that John covers.  In other words, you've got the Holy Spirit in you.  The Holy Spirit is the one, as a matter of fact, we're told in Ephesians, the very passage that's talked about us being chosen from the foundation of the world and to be predestined, that very same discussion also tells us that he's been given to us, the Holy Spirit, as a down payment as a deposit to ensure, to guarantee us that we will get our inheritance. Are you with me? So now he tells us that we have this Holy Spirit in us and he is going to help us to overcome the world. We see that in, I'm sorry, in John, in John 5, let's go to John 5. So the Bible says in John 5, for everyone who has been born of God, overcomes the world. Everyone who has been born of God, look what it says, overcomes the world. Now I wanna pay, I wanna show you something for a second. I wanna look at this word for everyone who's been born. This word for born, the word that's used here is from the word that's used in John 3. We'll go to John 3 in just a second. So in John, now it says that because by the way, here's the condition, you could say this, but again, all Paan, Ta, Gaganemanan, which is all the ones that have been born, notice this is a perfect middle participle. Let me explain that real briefly what a perfect middle participle is. Perfect means it is a completed action that happened in the past, sometime in the past. That's why we use the perfect tense instead of the heiress tense. I could have said that those that were born and I use the heiress tense that it happened maybe a week ago, a day ago or what have you, but this was referring to some time ago in the past. It says, and because it is in the middle voice, means that God did this to us for his benefit. So it happened in the past, it was by God to us for his benefit. And it is a participle meaning that it is ongoing. So this process of being born is an ongoing thing. And so all of us that are born of God, he says we are going to overcome the world. Are you with me? Now, who is born of God? Well, I want you to notice a couple of things. Those of us who believe are also the ones who overcome. Did I write this in here? All of us who believe are also the ones who overcome. Let's go to John 316, famous passage.  Now, this looks like a basic past tense believe, but let's look at what I put on the screen. The believing ones is what it is, the high pistol ones. The high pistol ones shall never perish, but have eternal life. Are you with me? Those that are believing, the believing ones have eternal life. But now, who are these believing ones? Well, these believing ones, according to Jesus, are the ones earlier in John 3, are the ones that have been born. The ones that have been born are the believing ones, and the believing ones will overcome are the overcoming ones. And all of that was done by the Holy Spirit. The very same Holy Spirit that was put into us as a down payment, as a deposit. That very same Holy Spirit that Jesus says in verse eight, he says, the wind blows where he wishes, and you hear it sound, but you do not know where it comes from or where it goes. So it is with everyone who is, and there's that word. Remember the word that I said in first John 5? Let's go back to it real quick. In first John 5, the word that I point to in first John 5, 4, this word, right here in the Greek, if you see it, this word is giganamanon. Well, let's go back to John 3 and look at this exact same Greek word. For everyone who was born, the Greek word here is, put it on the screen, giganamanon, giganamanos, which is the exact same word. So what Jesus is telling us in John 3 is exactly what John is telling us in first John 5. The overcoming ones are the one that have been born of the Spirit, and it is the Holy Spirit that does. So he says, but as the wind goes where you hear the sound, but you don't know where it comes from or where it goes. So it is of everyone who was born of the Spirit. Now, I hope this started to make sense. I hope we're putting this together. By the way, we've got the believing ones, the overcoming ones, the being born ones, meaning all put together, it's an act of the Holy Spirit. And look what he says. All of us, let's go to John 6 and we're almost coming to a close.  Hapistuan. So the Hapistuan, again, the believing ones, that we got the believing ones, we've got the overcoming ones, we've got the ones that were born. Well, they're all the same. Remember I say that A plus B equals C, this equation. Well, the believing ones, or I'm sorry, the overcoming ones have had their names written in the Book of Life from the foundation of the world. The overcoming ones will never have their names blotted out. Who are the overcoming ones? The overcoming ones we just saw are the believing ones. The believing ones, who are they? The believing ones are the ones that were born. Who caused them to be born? They were born. We saw in John they were born. Let's put it back on the screen. I don't want to miss, once you guys missed this point, the ones that were born, John 1, chapter 5, verse 4, the born ones, it is the perfect middle participle, meaning that the born ones, who are the believing ones, who are the overcoming ones, these born ones were done to us by God for the benefit of himself. And we're told that those very same people going back to where we started off in Revelation 3.5, let's put it back on the screen, those overcoming ones, those conquering ones, will, he says, will be clothed in white garments. And he says, I will never blot their name out. Now, I've covered this before, guys. I've stated that in Greek, we've got what's called the emphatic negation. I've covered it with other passages. We also have it here in Revelation 3.5. When you have an emphatic negation, to a double negation, oo in May, let's put it on the screen, why we say never, never, never, ever, ever. We have the word oo, which means no or not. We have may, which means not also. So we have no, not. And then we have this word for being blotted out, which is ex leapso, which is will never be blotted out. It is impossible. This is a future active indicative, meaning that there is nothing in the future that can cause these people to ever be blotted out. It is, that's how you say in Greek, it's literally impossible. Put it back on the screen. He says, I'm sorry, I have myself muted. He says, I will never, ever, ever, ever blot you out. There is no condition put on you. Why? Because what was done to you, what's causing it was done by God. That's why we use the middle voice. There are rules to grammar, would you all agree? And since there are rules to grammar, let's adhere to the rules of grammar. If God does, we should too. He says that I have caused you to be born for my benefit. That's the middle voice. A equals, I have caused you to be born. You are those that have been born. That's A. B is you are the believing ones. So A equals being born by God, B equals you are believing. And by the way, it's also a present active participle, meaning that you are continually, you are in a state of continual believing. That's B. C is that you are overcoming. C means you are the overcoming one. So God caused you to be the overcoming ones. Why in the world, dear person, would you ever take that if God caused you to believe, to be a believing one, to be an overcoming, why would you ever think that he has decided after all of that work that he's done and to ensure it was because of his death on the cross? He chose you from the beginning of the foundation of the world. Wrote your name in the book of life before the foundation of the world put his spirit in you, knew he was gonna put his spirit in you before the foundation of the world based on what he was gonna do on the cross to suffer that torment, to suffer that beating, to suffer that bloodshed, to die in a horrific manner only to turn around and blot your name out. One, what sort of God would that be? Not the God that the Bible is talking about. And if you continue to say so, the question's gonna be, well then are you now denying the work of the Holy Spirit as well as making or trampling underfoot his blood and the effectiveness of his blood? Remember, the debt was nailed to the cross. And so for that reason, he can say, again, let's put it back on the screen as we get ready to leave. He says, I will never, ever blot his name out and I will confess his name before my father and before the angels. Look how he ends it. He says he who has an ear, let him hear. Let him hear what the spirit says to the churches. It can't be any more plain unless you just don't want it to be. But I take what he says at face value. And because of that, what do I do like the rest of us? We rejoice. Amen.


Income tax 2021-2022. Schedule C. Identification numbers. Get ready to get refunds to the max. Diving into Income Tax 2021-2022. Most of this information can be found in Publication 334, Tax Guide for Small Business, found on the IRS website, irs.gov, irs.gov. Looking at the first line of the Income Tax Formula income line, noting, however, that we do have the supplemental schedule, which will, in essence, be an income statement with income and expenses. Expenses, in essence, being deductions, the net flowing into the top line of the Income Tax Formula and first page of the form 1040, which we can see here on line number eight, flowing in from the Schedule C to the Schedule 1, then to the first page of the 1040 line eight. This is the Schedule C profit loss from business, which is, in essence, an income statement for the business. Identification numbers. So we've got the Social Security number. Note that this is probably not the number that you would want to use for the identification number of your sole proprietorship. Even if you don't have employees, you probably want to get an EIN number. But if you don't have one and you just start doing business, and if you don't have anybody that you're doing work for, then maybe it would be okay to have just the Social Security number. But if you have to give out the number of the entity that you are using, even if it's not because of payroll, possibly for 1099 information, then you're going to want the EIN number. The EIN number looks a little bit more professional. If you're just doing gig work or something like that, maybe that's not something that will be of a consequential to you. So generally use your SSN, Social Security number, as your TIN, Tax Identification number. You must put this number on each of your individual income tax forms, such as the 1040 and its schedules. So clearly you're going to need the SSN, the Social Security number for your Form 1040. The question is, do you also want that on the Schedule C? Form SS5 used to apply for Social Security number. So if you need to apply for it, you get the SS5 as you can start the process. Application for Social Security card. This form is available at Social Security Administration, the SSA offices, or by calling. There's a number here. It is also available from SSA website. You can go to the ssa.gov to get more information there. So the IRS will issue an ITIN if you are a non-resident or resident alien and you do not have and are not eligible to get an SSN. So if you don't have an SSN, then you might have the ITIN. The ITIN will expire for any taxpayer who does not file a federal income tax return. So if you have an ITIN, you want to make sure that you're filing an in-compliance in order to keep the ITIN, or who is not included as a dependent on the return of another taxpayer for three consecutive years. If someone else is filing you and you're on that tax return and you have an ITIN, then you'd think that would still qualify because the IRS sees that you've been reported somewhere. So in general, if you need to obtain an ITIN, you must attach form W7 application for IRS individual taxpayer identification number with your signed original completed tax return and any other required documentation and mail them to the address in the instructions for form W7. Exceptions are covered in the instructions. So if this is something that is applicable, you could take a look at the instructions to the form W7. If you must include another person's SSN social security number on your return and that person does not have and cannot get a social security number, enter that person's ITIN, the application is also available in Spanish. So employer identification number. So this is going to be important to the Schedule C because once again, you might want an employer identification number even if you don't have employees that name being a bit deceiving because you might say I'm a sole proprietorship. I don't have any employees. You might have employees as a sole proprietor, but maybe you don't. And then you might say, well, I don't need that number. However, if you're going to do business for like larger companies, then they're going to want to issue you a 1099 oftentimes for the work that they do because they're required to issue that to a sole proprietorship.  It's usually going to be safer to give out say an EIN number. It also looks more professional. So if you have an EIN number, and you're trying to get business or you're trying to compete or bid for jobs, then they're probably they might give a little more weight to someone that gives them an EIN number as opposed to the social security number. And of course, if you have employees, then you're required to have an employee or identification number. So you must also have an EIN to use as a TIN if you do either of the following. So this is what you must have them for. If you pay wages to one or more employees, then obviously you need an employer identification number. File pension or excise tax returns. If you must have an EIN, include it along with your social security number on your Schedule C as instructed. So that'll be reported on the Schedule C. If you have an EIN employer identification number, the EIN, you can apply for an EIN. The process is pretty easy to get an EIN. So if you don't have one and you're self employed, pretty easy process, you don't even need to talk to anyone. Generally, it's usually something that you can basically do on an automated process within the IRS website at this point. So online, by clicking on the employer ID numbers, the EIN, there's a link at irs.gov forward slash EIN. If you just go to the IRS website irs.gov and type in EIN or employer identification number, you'll find it. As long as the principal business location is in the United States or U.S. territories, the EIN is issued immediately once the application information is validated. So again, immediately issuing it pretty quick process, which is nice. You can also do it by telephone. There's a telephone number here, not a toll-free number. However, only if the principal business is located outside the United States or U.S. territories. So if you're outside the United States or U.S. territories, it could be a little bit more complicated then. By mailing or faxing the form SS4 application for employer identification number. So you could do it the old-fashioned way instead of doing it with online. You could print out the form SS4 and either fax it or mail it in and do that method. New EIN, you may need to get a new EIN if either the form or the ownership of your business changes. So then if the ownership of the business changes, then you're going to have to make an adjustment for the EIN possibly. So for more information, you can see Publication 1635 understanding your EIN. Now again, obviously if the ownership of a sole proprietorship changed, that would be kind of unusual, you know, because you only have one owner, but you can see why the EIN would be applicable for different entity types. So if your entity changes, the type of entity changes, for example, or there's different changes in the ownership possibly going from a sole proprietorship to a partnership or something like that, then that could have an impact on the EIN number. So when you need identification numbers of other persons, so now you need someone else's identification number. In operating your business, you will probably make certain payments you must report on information returns. These payments are discussed under information returns later in the chapter. So in other words, you'll have to report to somebody, to the IRS who you paid. So that would mean remember that whenever you're thinking about the IRS, your thought process is this, goes thusly. You're going to say the IRS wants to charge people on income. They want to force people to report the income. Who do they have pressure on to make sure that the income is reported? The payer, because every business transaction has a recipient of the income and a payer. The payer wants to record the expense because that's a tax benefit. Therefore, the IRS has the leverage on the person paying.  The person you gave money to to make sure that they report it as income so that they have to pay the taxes on it. And so that would be things like if you're giving something, we'll talk about these later, but a contractor, for example, that is a sole proprietorship, the IRS wants you to issue them a 1099. And of course, if you have an employee, the IRS wants you to actually take money from them physically, withhold it and give it to the government and give them a reporting of a W-2 form. So you must give the recipient of these payments the payee a statement showing the total amount paid during the year. You must include the payee's identification number and your identification number on the returns and statements. So employee, if you have employees, you must get an SSN from each of them. So the employees, that's when the government has the most leverage and they're going to want not only the reporting requirements, but you are now the collection agent of the government. You're going to withhold money from your employees. You're going to pay it to the government on their behalf. And so record the name and SSN of each employee exactly as they are showing on the employee's social security card. If the employee's name is not correct as shown on the card, the employee should request a new card from the SSA. This may occur if the employee's name was changed due to the marriage or divorce form W-4. Employees withholding allowance certificate is completed by each employee. So the correct federal income tax can be withheld. So if you have an employee, you got to have them fill out a W-4. The W-4 is going to help you be the tax collector and do that properly in accordance with the law, taking money out of each of their paychecks and giving it to the government on their behalf. If your employee does not have an SSN, he or she should file form SS5 with the SSA. Other payee, if you may make payments to someone who is not your employee and you must report the payments on an information return, get that person's SSN social security number. If you must report payments to an organization such as a corporation or partnership, you must get its EIN number. So in other words, the main requirement here oftentimes is if you're paying somebody else, then you might have to issue them like a 1099. And usually then you would want to get their number and they might just have a social security number. But again, a contractor could as a sole proprietorship then have an EIN number. So either of those you would want so that you can report that you gave them money. So the IRS, you're basically ratting them out to the IRS to make sure they should be reporting their income anyways. It's not your fault or anything, but you got to give them the information. So the IRS can then check it out on their side to make sure they're reporting the income so they can get a piece of it. So to get the payees SSN social security number or EIN, use form W9 form. So that's the request form to get that information. Request the taxpayers identification number and certification. A payee who does not provide you with an identification number may be subject to backup withholdings. For information on backup withholdings, see instructions for the request form W9 and the general instructions. In other words, if you say, okay, I've got to give you, I need to issue you a 1099. I need your number to give me that your social security number or EIN. You issue them a W9 to request that information. But unfortunately, a lot of small contractors either they might not fully understand this whole process and they might not want to give you their social security number. They might not have an EIN number. Then you might not be able to get it in that case, which in that case, you would want to check beforehand and make sure that you're dealing with someone that if you have to give them that that they're okay with that. But then if you don't get it, then the IRS might say, well, if you're not going to rat them out to us, if you're not going to tell us who they are, and you couldn't, you couldn't rat them out because they wouldn't give you their number because, you know, for whatever reason, then the government may want you to actually withhold money act as the tax collector again. And instead of paying them the full amount, you withhold some portion of the payment and again give it to the government on their behalf, which could of course upset the contractor, especially if they don't understand why you're asking for their social security number. And if you don't pay them the full amount that they asked for and so on. You kind of want to get that settled up front and get that information up front and make sure everybody knows what the requirements are involved across the board before the deal is done.


First of all acute coronary syndrome is caused by coronary artery disease or CAD which is also known as arthrosclerosis.  And then what happens is plaque kind of builds up here on the inside of the artery and platelets and blood flow goes through but the platelets say wait a minute there's a plaque going on maybe there's something I need to repair and so then they can aggregate and eventually if they clamp all together here then we have a complete occlusion of that artery which can lead to a myocardial infarction because there's no perfusion this to the part of that clogged artery.


What is going on everybody, Estas here. Welcome back to another video. So in this video, we're going to be doing an overall market update looking at the Dow Jones, the S&P 500 and the Nasdaq. And we're also going to be talking about one trade that I made today on the 3rd of January in 2019. But before we do talk about this, for all you new viewers out there, my name is Estas and I make videos dealing with swing trading, day trading, long-term investing and my personal philosophies and strategies when it comes down to investing and trading in the stock market. So for those of you guys who want to learn more about that, feel free to drop a like, leave a comment, subscribe and follow me on Instagram and Twitter as well as our Facebook group chat, as well as our Discord group chat. All of those are linked down below in the description box. So what happened today guys on the 3rd of January in 2019? Well, we had an expected red day and why am I saying expected guys? Well, because in yesterday's video, we talked about how Apple reported that their sales are weakening over in China and they dropped their revenue guidance to down to about 84 billion, which is lower than actually what they reported last year during this time period. So this is a very, very bad news for Apple. And I said in yesterday's video how this was most likely going to drag down the entire stock market today. And that's exactly what ended up happening. So we see here, the Dow Jones closed the day down about almost 3%, down about 660 points. The S&P 500 closed the day down about 62 points, down about 2.48%. And excuse me, the Nasdaq, these are the Nasdaq futures. So that's why it's showing that it's up $4 right now. But if we want to see the drop in the Nasdaq today, pretty much, we opened up the day here at around 6,300. And we ended up closing off the day right around 6,160. So we lost about 150 points in the overall Nasdaq throughout the entire trading day today. So we kind of expected this to happen today, especially since we saw Apple tank about 8% once this news came out yesterday after market hours. And we can see this directly on Apple's chart. And for those of the beginners out there, Apple has a very big weight on all of the indexes, guys, the entire US economy, and sometimes the global economy as well. So this massive drop here, the revenue cut, the weakening in China's sales, and the whole trade war going on right now, this definitely pushed down the market today 100%. So let's take a look at some charts here to get into a little bit deeper depth on what's going on in terms of the Dow Jones. So as of right now, guys, it seems like we did get rejected by the 50 simple moving average here on the 180 day four hour chart. And this is something that we've been waiting for, guys, over the past couple of days.   We got rejected by that 50 SMA. And now we're heading down to potentially make another lower low. So what supports do we have to keep an eye on right now for the Dow Jones? Well, we have to look at this three year chart to determine that. So the fact that we got, you know, rejected here at this resistance, which was a previous support from back in March 2018, you know, the next support we're going to be seeing here is at around 22,300, which is about 300, 400 points lower than where we're currently at right now. And if we do break that support, guys, the next one we're heading to is the one that we bounced, you know, bounced on back in December at around $21,650. So if we're just judging off the 180 chart here, guys, we can clearly see the Dow is making lower highs. And it's in the process right now of, you know, making that lower low. Am I saying it's going to 100% make that lower low? No, I'm not saying that, but I'm just saying and just judging what this chart is telling me right now based off these technicals that, you know, we are strongly pushing down now. And you know, the next stop is this support here. And then after that, we're going to be testing that low at around 21,700. And if we do break that, guys, we're going to be getting deeper into back into bear market territory. Because as of right now, I don't think we're in a bear market quite yet because we're down about 15, 16%. And this is solely due to that upswing that we had these past couple of days that got us, you know, back into that 15% drop territory. But when we were down here, we were down about almost 20%. So the fact that, you know, if we do break this lower low, we're going to be getting deeper into, you know, that 20, 25% drop territory, that's not really a good sign for the overall Dow Jones based off a technical basis. So let's take a look at what happened today on the S&P 500 guys, very similar to the Dow Jones. We had a couple of green days in a row.  The fact that this trend is telling us that it's still down trending is what you should be focusing on.  The answer to that is no, because the overall trend is still pointing down. And we've had similar situations over the past couple of weeks, since the sell off in early October, and by different situations, I mean, we've had situations where we've had a couple green days in a row, followed by even more selling. And that's what I thought this situation here was going to be. And it seems like as of right now, you know, I was right. So we got rejected here by the 50 SMA on the 180 chart. And if we're taking a look at some older supports guys to see where we could be potentially headed next for the S&P 500, well, I want you to keep an eye and I'm going to be keeping an eye on this trend here on this three year one week chart and the support on the 180 SMA on this chart as well, because this has been a support over the past couple of years. And if we're judging on this longer term chart here, the 20 year chart, I've talked about this in a couple of videos as well, you know, this trend here is very valid stemming back to the recession in 2008. And it's proven to be a strong support. So keep an eye here guys, we are right at the support of this trend. So if we do break this level, we're going to be headed back to around the 23, mid 2300 range. And then after that, you know, if the selling does continue to ramp up the economy, you know, the growth continues to slow in the economy, you know, with companies earnings and such, we're going to be headed back down to the 2200 range. And at that point, we're going to be well into a bear market, you know, for the S&P 500. So overall guys on the 180 chart, we're making lower lows, we're in the process right now of making another lower low. This is officially a new lower high, the previous high was at around 2700. Or actually, no, it was at around 2500. This high here is at about 2500. Or this one was actually at around 2575. This one's at around 2500 flat. So the pattern is still valid. We're down trending still in the S&P 500 and in the Dow Jones. And if we're taking a look at the NASDAQ, which is now turning red in terms of this future, we got rejected by the 50 S&P, and we're not, we didn't, you know, successfully break above the 180 S&P, meaning that we are still technically down trending. This is a lower high from the previous high at around 6570. This high was at around 6350. So the trend is still in place. So what supports are we looking at for the NASDAQ? And we're looking at one right here at around 6175. This one's stemming back from a couple years ago, I believe, or around, actually no, this one was from back in the sell-off from February and March of 2018. Well, actually, more in February. We bottomed off here at around 6175, 6160. And that's exactly where we are right now, with the next level being at around $6,000 flat, which has a support from back in three, three years ago, not three years ago, like one and a half, two years ago, back in October of 2017, about one and a half, one year and about three months ago, this was the support at around $6,000. So keep an eye there. And, you know, overall, guys, all the markets right now are down trending, making lower lows, making lower highs. And right now, we're just not seeing any signs of a reversal in sight. And this is expected, because, again, Apple reported what they reported yesterday. You know, the economy has been slowing in growth, the trade war, all the insecurities, and all the uncertainty, rather. And this is just stemming to the market, going down in price, because the market does not like uncertainty. And it all kind of makes, all kinds of makes sense, you know, the way things are playing out in the current state of the market, in my personal opinion. So let's talk about what I traded today. And I'm sure you guys can guess, because the markets were heavily read, I traded TVIX, which is an ETF that tracks mainly the S&P 500. And it goes up in price when the overall markets are selling off. So let's see what happened here in TVIX. And we can break down why I entered this position, very similar setup to yesterday's trade and the trade from Monday. So pay attention to this guys, very valuable information that I'm about to tell you guys right now. And let's see why I ended up trading TVIX. So in terms of why I'm saying it's a very similar setup to yesterday's trade, which was in DWT, is because this was another gap down trade, right? We saw a resistance pre-market hours. And we sold off heading into the market open, opening up that margin of profit and opening up that gap, right? And whenever we see stocks in ETFs do this sort of pattern, you know, from pre-market hours heading into the market open, this is something worth watching to see whether or not that stock or ETF is going to be able to fill that gap, fill that margin that was opened up pre-market hours. So this is exactly what I was waiting for, right? We opened up that margin of around, let's see what it was, around 6% from the peak here at 73.50 at around, what time was this? 6am Eastern Standard Time, it dropped all the way down to about $69, again, opening up that 5%, 6% margin. And at this point, guys, what I was waiting for is to see if we were going to bottom out once the market opened and start to slowly uptrend in price to fill that gap. And that's what I was planning on, you know, that's when I was planning on trading TVIX. And if you guys are part of the Discord group chat, the free Discord group chat, I was talking about this, or I talked about my trade in TVIX in that group chat. And let's see exactly my logic behind this. So the margin opened up, we slowly started to fill that gap. And I initially got in, I believe, at around $70.58. Once we made that higher low here at around $70, we bounced on the 50 SMA. And what I mean by higher low is that, you know, we notice from the open on the market, this one started uptrending in price, making higher highs, right, and higher lows. And the fact that we were doing that was showing me that the market is slowly downtrending in price, which is pushing up TVIX to the upwards direction, right? Very similar, or not similar, very simple, you know, understanding here of what is going on, right? The S&P is selling off in the morning, right? That's pushing up TVIX, making higher highs, higher lows, and the fact that we jumped or bounced on this 50 SMA right here, that gave me incentive to pretty much trade TVIX. And if we just see S&P very quickly, what was going on, you know, we gapped down here and started selling off aggressively. And you know, what I do every morning, guys, is I watch the S&P, the Dow, and the NASDAQ, because I like to see the direction of where these indexes are moving before deciding on what I'm going to trade. And you know, for example, let's take a look here for today's trade. We opened up, we started selling very aggressively, making lower lows very, very aggressively. And that just showed me that, you know, the S&P was opening up red and a lot of selling was going on because of the panic with Apple. So I capitalized on this with trading TVIX. So I didn't get all the margin here. I didn't get the entire gap fill. But I did end up selling off at this resistance from yesterday. And this is what I was talking about in yesterday's, you know, not yesterday's today, in the group chat on Discord, I was talking about how I, you know, sold off at yesterday's resistance levels. So we got in at 70 58. And we pretty much sold off here, because at this point, guys, just think about this point in time for me, right? I was already in at a good price point right here. We were aggressively shooting up the RSI was very overbought at that point, right? And we pretty much almost filled the entire gap of pre market, but we were already at the gap from yesterday, we filled the gap from yesterday's resistance. So I just wanted to play it safe at this point. And I took my profits, I believe it was at around 72 50. So from $70 and 58 cents up to where I took my profits, I made about 2.75% on this trade and very slightly shy of my daily goal of 3 to 5%. But again, profit is profit. I'm very happy with any profit I'm able to take from the stock market. And you know, that is how I treat it, right?  I like staying consistent. I don't really have any FOMO trades fear of missing out trades. Because you know, I'm kind of over that. That's more in my opinion, something that you have to, you know, handle when you're getting into the stock market, a lot of people start, you know, trading in the beginning, they have FOMO, they end up, you know, buying a stock that's too overpriced for the day, maybe it's oversold, it's already made its run, then they end up losing money, right? So this is something that I've been able to conquer my emotions. I've been able to conquer my emotions in this aspect of FOMO. And, you know, when I take my profits for the day, guys, of about 2%, 1%, 0.5%, 5%, whatever it may be for that day, I'm typically just done trading for the day unless I see any other ridiculous opportunities out there. And I'm just watching the charts, you know, periodically throughout the day after I'm done trading. Drop a comment down below. Let me know if you guys do something similar to this. I would love to love to know. So that is what I did today, guys. Very simple, 2.75%. Another stock that did very well today that we've been talking about and covering was Cron, ticker symbol C-R-O-M. This is a marijuana company and we talked about this one from the bottoming out point here at the top of this trend line. And at this point, guys, Cron was at a higher low and this is what really opened my eyes up to Cron in the first place.  So shout out to you if you did trade Cron, guys. We actually covered this one in my video yesterday and I was kind of, let's take a look, what time period was I looking at it yesterday? We were slowly starting to see a cup and handle formation, I believe right here, right? We saw this cup, right? And then this handle formation, it literally played out perfectly, right? The cup, the handle, and then we broke that resistance that I was talking about in yesterday's video at around $11.50. We ran up all the way to $12.16 and now we're holding the top of the resistance now being a new support. So the fact that Cron is holding this one after market hours as well gives me reason to think that this one could potentially run up back to $13, $14. I'm going to be watching it super closely at these levels for a trade, guys. But let's say we break below here, we break that trend that we're currently seeing, you know, that's going to be a break of trend that I'm no longer going to be interested in trading Cron. But let's say tomorrow we slowly start to up push back into the $12 range, that's going to be a very, very good sign in terms of Cron. So just wanted to quickly talk about Cron today. You know, very solid setup right now in my personal opinion in terms of Cron. Another one that's interesting is Enbev, right? We got rejected by the 180SMA, but we are holding that 50SMA. So let's see tomorrow, guys, if we are able to potentially get a trade in Enbev from this gap that we see that it opened up from about, you know, the 180SMA resistance down to this level, that is around a 5, 6, 7% margin of profit. So I am going to be watching that one very closely. We saw Gold Futures today, absolutely tear it up. We're almost at that $1,300 level that is a resistance from the past. And we can see that very clearly right here, guys. This is a very solid resistance. We sold off, we bottomed out, we're heading back up, we're uptrending in price right now, and we're getting close to that $1,300 level that we can see on the three-year chart, guys, is a solid resistance. So I'm watching JDST right now to see whether or not we're going to get rejected here and start to pull back a little bit in the Gold Futures, which would open up that opportunity in the Gold, in the Bear ETF, which is JDST. But let's say we break out of this resistance, guys. I think Gold could run back up to the mid-1350s, opening up JNUG for even more profit potential, guys. We see JNUG today absolutely tore it up as well, up 10%, guys. So if you were able to trade JNUG, drop a comment down below, let me know. But other than that, guys, that's pretty much what happened today in the markets, right? Very solid red day. I still think there's more red to come based on what these technicals on their major markets are telling us. Excuse me, keep an eye on Gold, guys. Gold is very, very in a very interesting spot right now. Again, if we break that $1,300 resistance, it could continue to run to the mid-1300s. If we get rejected, it may be time for a pullback, which would make JDST a very solid play. But it's all about playing it by ear, guys. And if we take a look at some major stocks here, large cap stocks like Apple, it was down 10%. I know a lot of people have some call options in our group, which is not too bad of an idea in my personal opinion, because over these past couple of weeks, guys, since this big sell-off, we've noticed every time that Apple made a lower low, it's been able to bounce back up. So the fact that people have call options on Apple right now makes sense from a 180-day technical perspective, right? If we're able to bottom out in the 140s, 142 range, which we are seeming like we're doing right now, we could push back up into the low 150s, which I'm sure that's where a lot of people have their strike price for Apple. So that is something worth looking at if you're into options, guys. Again, this is not financial advice. This is all for entertainment purposes, in my personal opinion. So don't just go make a call option right now. Just because I said that, right, you have to do your own research. But it makes sense for my personal opinion to why people are making call options right now, placing call options in Apple. It makes sense from a technical perspective. So Facebook, guys, it's getting rejected by the 180SMA here. Keep an eye on that resistance point. Amazon very same level here under the 180SMA. Let's take a look at Netflix, guys. Pretty much all of these are at resistance points at their 180-day simple moving averages, right? We can see that on Google as well. And I'm pretty sure Microsoft too, right? Actually, no, Microsoft got rejected by the 50 simple moving average. So let me know, guys, what are you guys doing today in terms of stocks trading? I personally actually bought three shares of Apple today. I posted that on my story on Instagram at around $143 for my long-term portfolio. Have you guys been buying shares? Please let me know down below in the comments section. I'll catch you guys in the next video. Thank you so much for watching. If you found value in this video, drop a like, leave a comment, subscribe. Follow me on the other social platforms. And if you guys want to be in contact with me and our group throughout the trading day, feel free to join that Discord. We have about 400 people in there right now. And the Facebook group as well. We have about 115 people in that. All of those are down below in the description box. Again, thanks for all the love, all the support. I'll catch you guys in the next video. Peace out.