Let us see magnetism, ok. Magnetism if you have this is I guess chapter 4, chapter 4 right, chapter 4 for your syllabus magnetism, ok. We will not finish the magnetism all of it today. So, magnet you are familiar with, ok. I will give you some very simple, very simple pictorial representation. Magnet is basically magnet is everywhere, ok. How it is it is really up to the universe also it is what all we see is magnet, ok. What is magnet? Anything I think the simple definition is or how the magnet is created. Anything that has a rotation moment or some rotational behavior it can create some field around it. See electron, proton, neutron every object that can rotate can create some sort of field that is what I will come into I think magnet is everywhere you can trace back to the origin of life, ok. Now what is next, ok. You can basically from universe to your atom level if you go all of them are having some sort of spinning behavior, ok. Two types of spinning are possible. One is as you know one is rotating around its own axis and another is orbital. Rotating, rotating that is how the sun rotates, that is how the earth rotates, that is how the moon rotates you sorry. So, it rotates around its own axis that is the spinning, spin component it rotates around the orbital that is the orbital component. And the total these are two vectors basically you do the vector addition you get the net magnetic moment, ok. We will come to that that is what is this chapter about, but to speak you very clearly the unpaired electrons are the one which causes most of the magnetic I mean which induces the magnetic properties into the molecule. So, not only the bigger thing like earth, sun, moon we see the magnetic behavior due to their you know spinning behavior or rotating behavior. The as small as the molecule even you can go further in as I think we are trying to discuss the complex means metal complex, metal ligand is there, metal d orbitals are there those d orbital electrons are the one which are essentially giving us the magnetic behavior in different application what we are using nowadays. Different whatever electronic devices even for our you know this ATM card to wherever you see that anything is has to do with the unpaired electron those are coming from the metal complexes, ok let me get into. So, we will discuss the magnetism of the metal complexes and then get into the lanthanide actinides or lanthanide specifically and then stop, ok. So, I think we I was discussing moment ago paired and unpaired electron pairs. Unpaired electron pairs are the one which will be giving this magnetic behavior because paired electrons will be cancelling out each other. Spinning of electron as you can see spinning of electron and this is the pairing of electron. So, spinning this un what is that called I mean unpaired electron will be giving you the magnetic behavior paired electron will cancel each other out, ok. Now, can you see this behavior can you just from simple experiment can you determine the magnetic behavior of a any compound such as oxygen, nitrogen, oxygen is a gas, nitrogen is a gas are they paramagnetic or diamagnetic, sorry. Yes, how will you do this experiment? Simply what you usually do you cool it down. If you take even nitrogen gas liquid nitrogen you have heard of liquid nitrogen big tank goes on and you know funny lot of funny experiments can be done. If you liquefy the nitrogen gas it becomes liquid nitrogen. Now, that liquid nitrogen we want to see whether that nitrogen is going to be diamagnetic or paramagnetic. See if you take a magnet this is a magnet, it is a big magnet and you pour liquid nitrogen through it you will see that I mean magnet opposite direction should attract each other you will see there is no attraction. So, this is what a simple experiment can tell you that liquid nitrogen is going to be diamagnetic in nature. Same thing you do with oxygen as you are correctly saying that it is paramagnetic. You can do the experiment you see it is sticking to the magnet that is the simplest one of the experiment you can do which can show you what the molecule is made of. Oxygen nitrogen it is amazing actually if you think very simply, but do not try to liquefy oxygen it can be bad do not do this it could be a lot of bad things can happen afterwards if you do not know how to handle it right.  See they are showing sometimes you see this movie a one of the Hollywood movie what was that prestige I like that ok. Well see the law sometime body is floating right you know that of course, if you look at the movie if you go to the movie a theatre or in of course, you can watch today, tonight if you want there is some science behind it. So, you can make some object as big as like someone like us a human being float in air sometime that also of course, can give you the thought sometime in the ancient history Indian history we see that people are walking on the water I do not I mean I do not know whether other supernatural things are there or some extra thing are there, but something like this you can explain perhaps scientifically as well that there is opportunity for science to contribute I do not know you know I do not want to cut into some sort of controversy here. So, something can be floated you can float something like I think movie is not working even you know what is this fruit strawberry yeah I would I love it. So, strawberry can be floated right well of course, this is interesting a magnet right otherwise I think magneto chemistry if you are to discuss you have to understand electron spin see this is little bit physics in there I will try to skip it because you have studied it already it is one we will show you the equations. So, an electron has two intrinsic spin state which are preferred referred as up and down or alpha and beta spin alpha and beta spin electron orbital motion is nothing, but what you see in the universe you know center is nucleus and electron is spinning ok. Now, nuclear spin of course, some nucleus are also having spin you just read it becomes little bit boring to teach because you know it ok. Now, magnetism this is an equation what we are trying to say we have a magnetic field you put an object into the magnetic field a molecule d orbital containing d orbital or any non magnetic molecule whatever net effect it could be a non magnetic any molecule you can put any object you put this one ok. The net magnetic behavior or magnetic you are going to get is the magnetic field plus whatever it can induce on it the magnetic field can induce some magnetic behavior inside it or in it. So, this is what the equation is the magnetic field what gets generated or total magnetic field you get is equal to the applied magnetic field H and the intensity of magnetization how much magnetization it is going to have or how much hypnotized or magnetized it is going to get that is the total magnetic field within the substance. What is the field not only the field you create what is the material made of that makes a difference the type of material you have that makes a difference ok. All of you are in IIT they are all of you are attending the same class some of you will be million year trillion year and you will give me some money I will be very happy right donate profusely when you are donating give back to IIT really I mean we need money lot of money all of lot of you will be having I am sure startup company some of them they will be bought out by some established company you will be fill the reach you have no idea what to do afterwards just think about me ok for a moment ok wherever you are just think about me when you make money otherwise do not think real how we cannot help. So, all right I think this is simple physics you know what to do with it you have studied it before in 12 standard you studied again ok. Now what are the things we are interested in for this class we are interested in few parameters like you know b by h ok and this kappa value right. So, that is I will I will go to the another equation. So, the susceptibility and the magnetic moment ok. The susceptibility is related to magnetic moment and these are the two terms we are interested in ok remember we will be discussing again in the next class. So, you study little bit if you have any queries I can come back and discuss again. Now susceptibility molar susceptibility you molar how do you get molar susceptibility divided by divided by total mole right or abadru number. Now from there on you get the molar susceptibility and mu these two are related like that and you get a equation to calculate magnetic moment how it equate with the magnetic susceptibility. Now all we need to care sorry we are coming back again all we need to care for this course we are mainly trying to see the metal complexes with unpaired electrons d electrons right. So, number of unpaired electrons is going to matter to us because the unpaired electrons are the one which are going to give you the magnetic moment ok. Of course, we need to worry about high spin and low spin because that will also determine indirectly what is going to be the number of unpaired electrons. And from there we can of course, try to see the spectral behavior and structure of the complex. Now many transition metal salts and complexes are paramagnetic of course, due to their partially filled d orbital the moment everything gets filled you do not get much of a magnetic moment. The experimentally major magnetic moment and of course, the equation I was talking can provide some important information about the compound themselves. So, what we do we have a compound we try to measure the magnetic moment and we have an equation from where we can calculate the magnetic moment. Now we try to see the difference between the two and try to explain what is the reason if experimental values are different ok. Let me get into it will be little bit clearer. So, as I was saying the source of magnetism in the molecule is going to be your unpaired electron that is all. Now the unpaired electron can have two sorts of or two sources of creating magnetism. One is spinning around its own axis just and another is while spinning around its own axis it is also rotating on the along the orbital right. So, two components the M L or L component angular orbital component for which it is rotating around the orbital and the other component is the spin spinning around its own axis or along its own axis two components, but the d orbitals are the one which are getting affected mostly by the ligand metal d orbitals are getting affected by the ligands. So, the ligand will not allow too much to spin around its orbital. So, the L component mu orbital component will be usually minimized let us say 0. The metal electrons will only be able to give you spin only value spinning they are spinning they are not able to freely rotate around its orbital because ligand electrons are overlapping and ligand electrons are restricting them. So, essentially what you need to understand is the magnetic or mu total is ending up to be what spin only value, but in reality you have to have the spin only value and the mu orbital value coupled together or it is a vector addition you can do and that is what the mu total is going to be. In reality it is going to be the mu spin only value clear. Two components are there one component will be marginalized of course, I am not saying it is 0 ok. It has will come back that is what we will be seeing the orbital contribution and there is usually one or two questions are asked from orbital contribution which is little bit exciting, but usually speaking two components are there one is nullified another is left that is the spin only ok. Now, what is the equation over here? This is the mu L plus S both orbital and spin this is the equation this is the correct equation this is the incorrect or partially true equation, but this is the one which we do care. What is the correct equation? It has total number of unpaired electron and those L values you have to know all of them this is the theoretically calculated value ok. Now, in reality this is the spin only formula where you get read of the L value. It is one root over one by root over or sorry root over this spin component and L component right, but if you get read of that component it becomes 4 S into S plus 1 root of that right. If you get read of that component orbital component. Now, S is nothing, but number of unpaired electron you are having ok. So, S equals total S equals number of unpaired electron divided by 2 or you can convert this equation by putting the number of unpaired electron it becomes N into N plus 2 N times N plus 2 root of that simple that is what you need to remember. I think you have studied it before ok N multiplied by N plus 2 the root of that ok. So, if you have one unpaired electron you know one multiplied by 1 plus 2 root of 3 1.73 2 unpaired electron 2 plus 2 multiplied by 2 root of 8 2.83. So, one it is a there is a easy way to remember it 1 1.73 2 2.83.  Now, this is the spin only formula. Now, we need to really get to see now whether the spin only formula is valid always what we get experimentally when it deviates how it deviates ok. That is what we are going to discuss these are for the purist ok. Now, we will discuss when we are going to get something like called orbital contribution. What is orbital contribution?  So, what is it? Orbital contribution. So, in addition to spin only values if there is some rotation around the orbit specifically it comes when you have again again orbitals which are unsymmetrically filled like this. So, what is T 2 G 4? So, there is some sort of transition from one orbital to other when you can write down multiple electronic configuration. T 2 G 4 it could be d x y 2 d y z 1 d x z 1 or other way around also you can among the three degenerate orbitals you can write down differently right. So, this is when the orbital contribution comes because since the electrons can be you know delocalized or can be placed in a different orbital and thereby you have the possibility of promoting some of the orbital you know some sort of movement or some sort of magnetic movement can be generated due to these you can say the transition due to this due to this mobilization of electron from one orbital to another d x y to d y z to d x z, but can you do that? That is what the question. So, that is what we want to see can we interconvert d x y into d y z or d x 2 y 2 into d y z. So, that is so, the orbital contribution is nothing, but spin only value plus something extra you get. Usually speaking spin only value should be good enough and our calculated number of unpaired electron should give us the exact value the experiment is going to give us. Often what we see that experimental value are little bit more than number of unpaired electron calculation. How do you calculate number of unpaired electron? That is by your crystal field theory. How many unpaired electrons are there? T 2 g e g calculation you do. So, number of unpaired electron calculation should give you a very close idea what is going to be your magnetic moment that is your theoretical calculation. Correct theoretical calculation should include the L plus S orbital moment also, but orbital moment calculation is or that much value we do not get. The value what experimentally we get is usually close to the spin only value, but on top of that spin only value itself is not going to be sufficient. Some or very little amount of orbital momentum value comes when it comes this is the scenario we are going to discuss. So, I will just briefly I think little bit confusing maybe I have made it. So, there is always L plus S contribution, but I am trying to say you just minimize it to S, but in reality S plus let us say delta L very little contribution from L. When this comes usually you see your experimental data and theoretically predicted data are same. Some cases you have to worry about the orbital angular momentum, when you have to worry about orbital angular momentum. When you can convert one orbital to another thereby you have the possibility of distributing the electron in different ways then only you can do that. Now, the degenerate T 2 g orbital d x y d x z d y z can be interconverted as it shown in here. You just rotate little bit you can interconvert right. First electron in a T 2 g orbital can contribute to orbital angular momentum, but what happened to E g? So, this is the transition from d x z to d z x to d y z.  Now, if you look at E g orbital E g orbital you have d z square and d x 2 y 2 any amount of rotation is it going to give you the interconversion? No. So, E g orbital cannot give you the you know the cannot contribute for your orbital contribution right. Now, E g orbital cannot contribute to orbital angular momentum. So, but there is a way to convert the E g into T 2 g how it is d x 2 y 2 or d x y can be converted to d x 2 y 2 and vice versa right. So, there is some way to do that and then you know that d x d of once you get d x y d x a y can be converted into d y z d x z. So, these are kind of inter convertible. So, what is not inter convertible orbital wise? So, d y d d z square to anything else you cannot do, but 4 of them can rest 4 of them can be inter converted. Now, orbital contribution to the magnetic moment once again magnetic moment is spin plus orbital contribution should be there, orbital contribution is usually 0, orbital contribution can come when it is something like this ok. T 2 g electron arrangement right think of possible T 2 g electron arrangement it can be d 1, d 1 can be organized as it is shown d x z d y z and d x y. Possible T 2 g arrangement is 3, 3 different ways you can put the electrons there by orbital contribution is yes d 1 in titanium 3 plus. So, if you calculate the angular total magnetic moment for these 1 electron should give you what 1.73 it will be little bit more than that let us say experimentally found value is 1.83 instead of 1.73. Why it is that? Because it is coming from here because see if it is fixed on an orbital, if it is fixed in this orbital may be your of course, your ligand electrons and this ligand orbital overlap with the d orbitals will be I mean restricting the rotation. Since, if there is multiple orientation possible then that can cause see anything that is allowed to rotate allowed to spin allowed to rotate will give you the some magnetic moment value. You are able to rotate among these orbitals d orbital that should allow you some sort of magnetic moment value ok. I think I should give a better explanation ok I will have to look at that, but that is I think the moment you are freezing something you are not going to get it. If d orbital if this d orbital is going to overlap with the ligand d orbital then complete overlap means you are going to restrict the orbital motion. The moment you are giving it is multiple possibilities then you are allowing some what to rotate around the orbital and thereby some contribution is coming. You are not allowing a free rotation thereby the component will not be huge, but since it can interconvert between or among all these orbitals it gives you some possibility to give some contribution for the magnetic moment. I think that makes some sense if it is not 100 percent clear I will I will try to look at more ok. I will come back to the magnetism in the next class as well. Now in the d 2 orbital as you see 3 again once again 3 different ways the electron can be distributed and therefore, this degrees of freedom as you can see or you can tell degrees of freedom should give some sort of you know magnetic moment value and that is where you can get the orbital contribution. Orbital contribution of the experimental value once again will be little bit more than what we see for the 2 unpaired electron ok. So, the spin only plus some value should be there I think it is not readable from there, but it should be in the slide. So, orbital angular momentum that orbital motion we are able to see in these cases ok. Look at it I will stop it in here from here on I will discuss in the next class.


And South Africans have started voting in municipal elections with the ruling African National Congress A&C facing discontent over poor services and stuck inequality 27 years after ending white minority rule. The A&C's rise to power in 1994 drew a line under centuries of racist oppression of a country's majority blacks by the descendants of white settlers. But critics say the liberators have proved less effective at more mundane tasks like fixing drains, supplying clean water and keeping the lights on. Failures to maintain roads, sewage treatment plants and creaking coal-fired power stations could cost the legacy party of late liberation hero Nelson Mantella.


Arsenic is a known human carcinogen and systemic toxin, but its developmental neurotoxicity has not been as well studied. This review provides evidence that prenatal and early postnatal exposure to arsenic can lead to reduced brain weight, decreased numbers of neurons, and alterations in neurotransmitter systems. Animal and in vitro studies suggest that oxidative stress may be a mechanism of arsenic neurotoxicity. Epidemiological studies indicate that early life exposure is associated with deficits in intelligence and memory, which may manifest later in life. Sex, concomitant exposures, and timing of exposure appear to modify the developmental neurotoxicity of arsenic. No behavioral outcomes were observed in four epidemiological studies. Future prospective birth cohort studies will allow for more precise definition of the developmental consequences of arsenic exposure in early life. This article was authored by Molly Tolins, Matheros Ruchirawot, and Philip Landrigan.


So, as you may know, a couple of weeks ago, the pandemic-related unemployment insurance had run out. And you may be thinking, isn't that a little bit strange to have pandemic-related unemployment benefits expire right in the middle of a pandemic? And yeah, that's logical. I get it. But we were told that it was really good that this extra $300 per week would be going away because currently there's a job shortage and nobody wants to work because they're getting so much money on unemployment. But in actuality, this trope that welfare makes people lazy is actually wrong and it was disproven by data. So in theory, you would think that the states that ended their pandemic unemployment benefits early would see a boost in job growth, right? Yeah, you would think that if that were actually true, but the hypothesis was debunked by this headline. Taxios reports states that ended COVID unemployment benefits see no boost in job growth. I'm going to read that again. States that ended COVID unemployment benefits see no boost in job growth. Wait, so you're telling me that having a social safety net doesn't actually lead to people being lazier and that the job shortage doesn't necessarily have a direct connection to the $300 unemployment benefits that people were receiving as a result of the pandemic? Hmm, interesting. So Axios explains states that ended federal unemployment benefits earlier this summer saw August job growth at less than half the rate of states that retained the benefits according to new data released Friday by the Bureau of Labor Statistics. Leaders in the largely Republican-led states had insisted that the benefits were discouraging people from work and ended the assistance program early ahead of its planned expiration on September 6th. The benefits which came in the form of weekly $300 payments had been in place in spring last year to help families through the pandemic. A growing group of states began ending the benefits in June in what they called an effort to incentivize people to return to the workplace. But here's what they're saying. Economists analyzing the unemployment issue have seen little evidence yet that cutting off the benefits has provided a clear boost to local labor markets in part because of difficulty separating the influence of the payments from larger shifts in the labor force or of the potentially offsetting damage done by the pandemic. Reuters writes. So I mean, if you ask me, it might be a pretty good idea to reinstate those weekly benefits, because all you're doing is you're making people less off, giving them less of a cushion that they desperately need during a pandemic that is still very much going on. It's not solving the job shortage. It's just not. People relied on that and it was really cruel to take it away from them in hopes that you would help big businesses. Now, in terms of why there's a labor shortage, it's difficult to say, but there's a multitude of theories. Axios writer Hope King believes that there's a worker awakening that's happening in the country, which arguably contributed to a shift in power back to workers as described by Felix Salmon. And I think that that definitely has something to do with it. But the answer is probably pretty complicated. And I think it's important that we try to be nuanced here when talking about this. And there was one article that I think did a pretty good job at that. It was written by Emily Stewart and Ronnie Mala of Vox. And they really get into why there is this labor shortage. And, you know, it kind of goes both ways. There's a labor shortage, but a lot of people who are seeking employment are still having a difficult time finding a good job. So they explain, for some of the jobs available, people don't have the right skills or at least the skills employers say they're looking for. Other jobs are undesirable. They offer bad pay or an unpredictable schedule or just don't feel worth it to unemployed workers, many of whom are rethinking their priorities. In some cases, there are a host of perfectly acceptable candidates and jobs out there, but for a multitude of reasons, they're just not being matched. There are also workers who are hesitant to go back. They're nervous about COVID-19 or they have care responsibilities or something else is holding them back. The result is a disconnected environment that doesn't add up, though it feels like it should. The Bureau of Labor Statistics says there are 8.4 million potential workers who are unemployed, but it also says there are record 10.9 million jobs open. The rate at which unemployed people are getting jobs is lower than it was pre-pandemic and it's taking longer to hire people. Meanwhile, job seekers say employers are unresponsive. So if we're being intellectually honest, then it's a range of issues here. This is a very complex issue and there's no simple answer. But if I could reduce this down to one solution, primarily for employers, it would be for them to stop being blood-sucking leeches and actually treat workers like human beings and then maybe they'd actually want to work for you. Now, again, it's an oversimplification, but when you consider the fact that a survey published on FlexJobs found that 46% of job seekers say they're only finding jobs that are low-paying. I mean, that says a lot.   Like, this is a serious time. Like, like it or not, the pandemic is not over. So to expect people to lower their standards, it just doesn't make sense. So I mean, I think that part of the problem, not all of the issue, like not the totality of the issue here, but part of the problem, a large part of the problem, is that employers need to actually pay people good wages. And preferably the government, the Democratic Party, would force them to do that by raising them in a wage.  But to suggest that getting an extra $300 per week temporarily would prevent someone from taking a job that would benefit their lives in the long term, that's just unrealistic, it's absurd. Of course, that $300 was great. People who were on it, they desperately needed that, they relied on that, right? But if somebody saw a job that would be better for themselves long term, they're not going to choose to not take that job because that extra $300 per week is so good. They know it's temporary, they know it's gonna expire. So anyone who believed that this $300 per week extra was leading to this job shortage, I mean, at best it's an oversimplification, at worst, you're probably really naive to think that because people are complicated. People are looking out for themselves and their best long term financial interests of themselves and their families.  So I think that Democrats, knowing this data is out there now, they should reinstate that extra $300 per week. The Biden administration just kind of like, let it expire and put their hands up.  The pandemic is still going on and we should really be paying people to stay home, right? It's not like that extra $300 was leading to people not wanting to work, but really in truth, we should be paying people to stay home. We should be paying people to not work right now because the pandemic isn't going to go away if it continues to spread, if people are still forced to go into work. And this was the solution from the get go. Pay people to stay home. That's how you flatten the curve. That's how we could in theory do it again. But when you live in a late stage capitalist society, that's not even an option. It's not even something that people are considering. And that's kind of ridiculous, is it not? The idea that people should stay home and be paid so that way they're encouraged to stay home is outrageous to people. It's leading to people attacking our social safety net, suggesting that these unemployment benefits that people are getting during the pandemic is a bad thing. If employers are seeing a labor shortage and they expect people to want to work for them in the middle of a pandemic, then they need to do more, right? Meet them halfway maybe even. But that's not like the entire picture. Again, this is complicated, right? But what I know for sure is that to take away that extra $300 per week that people on unemployment were relying on, that's really cruel. And it's a failure of the Democratic Party and the Biden administration. This proved that the argument that was used as the rationale to get rid of those benefits, it was flawed, shocker. So give people that extra money because regardless of what your opinion is on this, we should be paying everyone to stay home right now. It's a pandemic, stay home, save lives. We should be doing that.


Eight repentant Bukwaram fighters have been killed after an improvised explosive device exploded in the north east of Bama local government area of Buenos States. The men were said to have sneaked out of Bama to deal in scrap metals with some terrorists in a market known as Tawla on the outskirts of Goniri village before the incident happened. The former terrorists who were among the 1000 reintegrated into the community and resettle that government girl secondary school in Bama received the scraps from some Bukwaram fighters hiding in San Bisa forest without knowing that an IED abandoned during a military offensive was among the items they were carrying. The Bukwaram fighters have been killed after an improvised explosive device exploded in the north east of Bama local government area of Buenos States.


Meantime, the Senate has confirmed Aisha Ahmad and Edward Adamu for a second term as deputy governors of the Central Bank of Nigeria. President Mohammad Buhari had renominated the door and asked for the confirmation of the upper chamber. They were screened by the banking committee last week. While appearing before the committee, they fielded questions on the country's cashless and withdrawal limit policies.


The following is a presentation of TFNN The power trading hour with your host David white Call now toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER> Now David white Good afternoon everybody. It's not David white Dave's out this afternoon. He will be back tomorrow Tommy O'Brien filling in for Dave and we get a treat. I'm filling in for about half the hour folks I'll be going till 2 30 my dad's gonna be taking over Tom O'Brien from 2 30 till 3 to finish out Dave's program Then he'll be doing his program the Tom O'Brien hour live from 3 till 4 making sure we get some live programming all day For a very important day in the markets as we're talking about an acceleration Let's kick it off with the NASDAQ 100. We just touched session lows in the last 15 minutes folks 12,225 you're negative more than 3.5 percent in the NASDAQ 100 S&P's negative 111 right now twice. We've traded under 4,000 today We're just seven points above that level S&P's negative by 2.7 percent Dow off 1.4 percent right now The Russell off 3.8 percent right now Remarkable the Russell given up almost 10 percent on the index from where we were trading at last Wednesday NASDAQ 100 we're broaching similar territory your negative 1,300 points below where you were on Wednesday 10 percent folks just like that remarkable Remarkable to say the least everything's getting hit. How about Bitcoin? We can trade under 31,000 You're off forty six hundred dollars per Bitcoin right now thirty one thousand three hundred Ethereum trading under twenty three hundred twenty two ninety nine Goal contract negative twenty six dollars in 1856 right now Excuse me as I jump around you have the tenure getting down to Up 12 ticks you're up almost a full point from where you were trading at we got the tenure yield sitting at about three point eight Excuse me not three point eight not quite there yet three point zero eight percent We were sitting at about three point two percent Early this morning So a little bit of a reversion there in yields, but the market has not led up at all We jump over to the volatility index right now You kick it off of the VIX above 34 30 406 as I did in the update to kick off 2 o'clock You jump back to a weekly basis and you're talking about the sixth consecutive week of lower prices And if you want to talk about some dicey territory the last six weeks have been pretty tough, right? Well guess what folks we got a bar that's just as large as most of the weeks And we are not even done with the first day of trading in the week just yet. We're down a hundred and thirteen points We were sitting at about forty six hundred as we kicked off the month of April the April Negative prices Continuing into May to say the least and we still got two hours trading folks and we got markets right near session Those dicey territory in the S&P 500 the 3a to my dad started talking about it early on and You know the Nasdaq was at the 3a to in no time, right? We made the 3a to in the Nasdaq by March 14th Okay, we made that before you got the pop Into late March back up to 15,000 remarkable 15,000 you have the Nasdaq down almost 20 percent folks From where we were coming into April let alone from the highs Okay, you're down 4,500 points right now You're approaching 27% off of the highs in the Nasdaq 100 Seems like 50% the number that might hit 12,000 well within play right now at 237 points from that price level Excuse me in the S&P just teetering on that 4,000 mark And if you get below 4,000 3,800 is well within play and probably the next stop in the S&P's All right, I talked about this on my program this morning one of the articles I want to talk about an article over at Bloomberg this article out over the weekend talking about plenty of catalysts to help push treasure Treasury rates above 2018 highs Inflation data we get CPI data out on Wednesday. I'm going to talk about that in one moment Now you jump down to what we're talking about in terms of Fed commentary Okay, you have auctions coming up. You already have Fed commentary for Fed commentary going on today But one of the things that struck me most from this article was talking about the CPI and Talking about what we're expecting and what the market's expecting So here's what they have to say the April CPI report which is out Wednesday of this week So less than 48 hours from right now This might be part of the reason why the market's being a little bit worried of what could come down the line is Expected to show an overall decline in the annual pace of inflation to 8.1 percent from 8.5 percent in March from core So if you exclude food and energy, you're gonna see a drop to 6 percent year-over-year from 6.5 percent That's the forecast so the forecast right now in the market is That you are gonna have inflation peaking in March and from here it'll go down That's very possible folks but it's very possible that it doesn't go the other way and if you have the markets trading at a price point of I Mean forty five hundred forty six hundred a month ago You have the markets trading at a price point of forty two hundred at the end of April almost You have the markets trading at a price point of forty one and change to end last week What happens if that price point is predicated on? Inflation peaking in March and now beginning to subside as we come into Some tough comps towards the end of the year and it is accurate We're gonna deal with some tough comps as in year-over-year as we get into the latter part of 2022 It is going to become much more difficult to post something like an inflationary factor of 8.5 percent year-over-year When you're dealing with a previous year-over-year number that had already escalated dramatically But guess what it's well with impossible folks because remember the reasons that people were saying that inflation Was persisting inflation was persisting a lot of the time the term was transitory right it almost became a running joke The point being is that you could still make the same case for almost all the Factors driving inflation now a lot of that was talking about stimulus right well the stimulus isn't there folks right that excessive unemployment That's not there anymore inflation's still pretty abundant. What if supply chain is a huge factor in all this inflation with pent up demand combined Okay, you add in the human labor costs, okay? We have job opening still at a record territory human capital is going to cause increases in wages continuing There are enough factors in play that you should at least be considering Then inflation will run hotter than the expectation and if it does the market will go even further Into negative territory because if we ever start getting year-over-year comps Later this year that are exceeding expectations. You're going to be talking about over a two-year basis like 1415 16% if you get 8% one year you get 6% the next year that means if prices are up 14% in 24 months Okay, that's not quite the expectation But you see where things could go now we get that number on Wednesday morning Okay, and the market's still looking for 8.1, but it's looking for a slowdown and I imagine that they're going to be a looking for a slowdown on a continuing basis and there is a distinct possibility That it at least takes longer than they're thinking for inflation to abate because China's still a mess supply chains are still a mess Human capital is still going to be costing a lot more money. Okay. Now wages are not rising with inflation Okay, so what if wages are going to catch up a little bit? Well, can't wages are going to catch up and people are going to be getting raises Then what's going to happen? That's going to translate into inflationary tendencies The one thing that's not going to be helping inflation as in that may actually be helping To a bait inflation Unfortunately, is that with these rising rates you could see a housing pullback because man We're talking about some rising rates with you're talking about a 30 year Wouldn't be pushing five five and a quarter percent pretty soon stay tuned folks I'll be walked back for one more segment and then we got my dad jumping in at 230 We'll be right back to talk about a couple other equities moving today Are you grinding in the market but seeing little to no return or are you a successful trader simply looking to make your Job a little easier learn to take the path of least resistance with David White's powerful trading newsletter David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find and share winning trades support and resistance Define the ranges in which stocks trade by understanding these trading ranges David White is able to find a path of least resistance David White's trading newsletter the path of least resistance is Delivered daily before the markets open to make every trading day an easy win Visit tfnn.com today and subscribe to David White's ultimate trading newsletter for $119 a month and try all of our newsletters risk-free with our 30-day money back guarantee Take the path of least resistance at tfnn educating investors Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded tfnn over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive Informational edge you need to succeed These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio Get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free With our money back guarantee at tfnn.com tfnn educating investors Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis, and it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's YouTube channel with Tiger TV live every market day from 8 30 a.m. To 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions Live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with Expert hosts to help you make the right moves with your money watch online at tfnn.com Or on tfnn's YouTube channel and become the investor you were born to be tfnn educating investors Toll free at 1-877-927-6648 Internationally at<PHONE_NUMBER> Welcome back folks. We got the S&Ps right now negative by a hundred and four points You're about 15 points off that four thousand mark It'll be interesting to see as we come into the final hour and a half for the trading day If that four thousand's the line in the sand it looks like it is right now You zoom in on the action talk about touching it barely to 39 97 early this morning and check out the moves folks 40 points up you got a full percentage up a full percentage back down we touched 39 98 Within just prior to the 2 p.m. Hour and right now you're about 20 points off of there You're trading at 4,019 and Louis you make a great point man I could use cheaper real estate prices to get another nest and I agree. There's a lot of people saying okay You know, maybe I didn't secure that second property, right? The tough part is man if inflation's raging Causing higher rates causing the housing prices to go down That's gonna matter in the payment Which is a big part of that which is reason why those prices will go down so it's gonna be a round-and-round as that goes but Everything has cycles folks as we get to see play out in pretty dramatic fashion right now across the board Housing's held up pretty well. If you're living in a house I don't think there's that much risk because rental prices are so high But if you're investing in a house, there could be some pullbacks right here, you know and real estate It's not exactly a three-month downturn three-month upturn right not quite at all as in of course It's gonna be a multi-year if not a five-year down five year to get back They can have some longer cycles in real estate as that market tends to take a little bit longer To sort itself up sometimes Yeah, still no inventory. I agree. It's a compounding Factor and the number of variables in playing this market and that's one of the reasons why I say you're seeing CPI The market is pricing in that we've peaked inflation You know, you got no inventory in a housing market. You have no inventory in a jobs market Right. We have supply chains that are through the roof You have that picture of the ports in China that looks like the ships sitting off port or a bunch of ants At least realize folks that there is a risk. There is a very real risk That inflation Takes a lot longer even with the 50 percent 50 basis point hike the next meeting or two that it could be a little bit longer Yeah, I mean there was even a part I think it was in the same article I was looking at before I jump around I think there was something in here talking about what economists were looking for I Had a couple articles out. I think it was about one in four people in a Bloomberg survey Thought that the ten year would not see three point one five percent this year and that was only last week And it just did three point two percent to show you how wrong people may be of what we might be in store for And in the long run, we're gonna be fine But man, we got some volatility coming down the line folks with inflation Even expected to be on the CPI at eight point one percent as we start to come down All right a lesson for us all Rivian So Ford is selling shares at a discount and they got a lot more shares to sell to selling eight million of its shares I think they got yeah a hundred and two million shares is what they have They own 12 percent of the electric vehicle hopeful You jump over to Rivian man talk about a lesson folks if somebody comes to you and says I got a company worth 80 to 100 billion dollars and I haven't taken in a dollar yet be very wary of buying that Person shares you trade up to 179 on their listing You jump up to 180 You're back to 23 bucks and if Ford is selling shares to the discount folks They're not making stupid decisions as in there's a reason behind that and Ford's gonna be playing the electric vehicle Market as well. They just may want to be all in on themselves and not have any exposure to their Competitor, but that doesn't mean they have to sell them at a discount They're selling for a discount saying get me out get me out right now I don't even care if I'm taking a little bit below market and the markets paying attention 18.5 percent for Rivian in a bad market with growth stocks are getting punished you of course you're gonna get punished when a company like this Has yet to really prove themselves on a revenue basis. All right, what else we got up here? Yeah jump into this So this is Goldman out here an analyst at Goldman at least Goldman strategist I should say see stocks downside even if a recession is avoided one part of this article that struck out The only silver lining for investors is that most of the bad news is likely in the price following the recent retreat suggesting quote-unquote According to this note from strategists Equities will will require an extremely large negative shock to drive share prices substantially lower in the near future Well in in light of what I've been saying folks keeping within the same theme Okay, it should not be a super extreme shock if somehow analysts are wrong About inflation when you consider what's happened over the last 12 months. That's what I'm trying to bring for it You can just you know, you don't have to predict the market if sometimes you can just be at least aware of the Possibilities and the somewhat probable nature of those possibilities and the market right now seems to be pricing in that it might have a much greater chance of Struggling to get over the inflationary factors that we're dealing with I mean for so long the Fed was talking about transitory because of kind of the pandemic Troubles that we're dealing with as in the troubles with the supply chain issues for lockdowns in China lockdowns abroad ships not being able To go where they need to go Human capital the trucking issue having trouble getting goods where they need to go and that was supposed to sort itself out As far as I can tell that has not sorted itself out Especially when you add in that Apple came out and this is really where things started to get out of line, right? Is that Apple came out and said that all of their supply chain issues are in the quarter that's coming? Four to eight billion dollars Amazon came out and said we lost money.  We make it today to 21 79 you chop around above 3,000 for a while It's quite a pullback Longer term if you're looking for Amazon, I would start looking at it, you know I think this market can get down to 3,800 So maybe that's where you're looking for where Amazon sits at that point because boy you're down 4.6 percent sent today man This market trades lower Amazon straight and lower Okay, but the reason why they got punished so much and that they are getting punished so much is that they're not making money right now And stocks were not making money right now getting punished Rivians the poster boy of them all But even Amazon is a growth stock. Okay down 4.6 percent today One of the reasons that they got punished though giving you a little bit of a bull twist as somebody that has some Amazon retirement account Is that they built out their infrastructure too quickly? They hired Almost 760,000 workers. I think in the last two years Doubling their workforce So their workforce is now 1.6 million. They came into COVID at 800,000 Think of what Amazon was as we came into COVID They were the marquee company that could do everything and they were doing it with 800,000 workers things ramped up so dramatically Okay, and in Amazon's defense man, we turned on the switch. We ordered everything online And it pretty much showed up the whole pandemic and beyond. Okay. Now. Yeah, they've ran out of items and occasionally They bought a bunch of airplanes. They built out a bunch of warehouses, but they did it too quickly They've had half empty trucks. They're asking people to take off time They think that we'll pick up the slack and in the long run We will and they're built out the infrastructure that they will eventually use All right, folks. I see my dad's chart in there. He's loading up. He's getting ready with the Bloomberg He's gonna be coming in at 2 30 to take over and you've got 90 minutes of Tom O'Brien my dad coming up live Stay tuned folks. We got the S&P sitting at four thousand and four. You're off 2.8% as that's off 3.6% Tom O'Brien if you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metal sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30-day money back guarantee So you have nothing to lose every Monday morning I published a gold report with coverage of gold silver bonds the XAU HUI GDX as well as more than 30 different mining equities To see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting TFNN comm don't miss out on the next great gold trade sign up today TFNN has just launched their new trading room the Tigers in hosted at discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours And now they are expanding their reach with the Tigers den available to all Tigers and Tigris's for just one dollar for the year There's no catch or added costs when you join our community of traders in the Tigers den You can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV Programs and join an interactive trading community with hundreds of members exchanging ideas interact with other Tigers and Tigris's as they share trading ideas news analysis and discuss the market action all Trading day even at night and on the weekends the Tigers den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of TFNN comm 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 traders 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 Gartleys ABC's 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 comm 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 comm Welcome back folks. So we have the Dow industries We have the Dow industries right now trade down 507 at the Nasdaq our 477 S&P's up 115 Golds down 26 bucks at 1856. We get the silver contract of 60 cents of 21 76 notes and bonds the 10 down to up 12 10 year up 12 1806 30 up 22 at 137 and good old King dollar. Where are you King dollar? What are you doing out here? Yep, it's hanging at highs man up a hundred and five ticks 103 765 Euro is at 105 the ends at 130 point four zero and the British pound is at 124 where I upon 123 to one US dollar. So let's get over and take a look at this market folks a bottom line You know this ABC is in effect and I suspect it's gonna get hit so You have to spy the spies down 11 bucks. You got you know, you're at 400 You get an ABC structure down at 394. So we make to 399 bottom line 394 is it now You got to remember something that If you have the out of time of the trade, you know, you got a one-to-one ABC a one-to-point three two one-to-five Oh one to 1.618 bottom line, you know, we'll deal with it as we come But the numbers I'm giving you is on one-to-one ABC structure We look at the NDX 100 same type of setup and the X the three Q's have a 281 price projection 298 right now. We hit 297 out here today and When we bring this up, we'll just put these on monthlies for a second And you're gonna see it's pretty clear. I mean it's you know, we Have come into like some support in the Nasdaq now This is gonna be that this is a big heads up because watch how this goes The top of support in the Nasdaq is this 296 297. We are the bottom of that is to 60 Well, we got a 280 price projection and that's always a problem when something like this happens because It's the beginning of the week and if this digs into it at all, okay, we haven't really dug into it yet We're into three points, but what the size of these bars that we're talking about are almost 40 Point bars and these are these are monthly bars. I'm talking about so you got to dig into it a little bit more I mean he You get down to 290 where 290 guess what you're gonna see 281, but more than like you're gonna see 260 That's kind of how this lays out. That's in your NDX. We go when we take a look at the spy What do you have inside of the spy out here? Take a look at this we put this on the monthly also and What you're gonna see there so that that is a 294 and 294 Okay, is the top There's not much see there's not much that the spy can hang on to and it's because we went up so fast folks That's the other side of this So I suspect this spy is gonna blow right through this the spy looks to me next stop down is actually to 364 that's how that's laying out and of course we take a look at well Let's go to the gold contract first and then we'll take a look at some individual equities gold's down 27 bucks You're trading 1853 you got 181,000 contracts traded You haven't broken the swing yet They're coming into 210. I believe let me just see this 194 coming into 167 This is come this is coming in hard enough man that they can get broken. That's how this is shaking out man Yeah, it really is so You know we know we well this we had had an ABC structure down And the gold market 18 1788 now that got negated because it didn't return to a complex one because of the way that we traded last Thursday You went up and you came up with some big volume So that's negated that being said guess what you can always just get up another one You know so we'll see how this shakes out down there And it's all this with this one here has to do with the US dollar this dollar is Refusing to back off the highs, you know, that's how this is look at we've been up here But there's three six, but this is the eighth day. We've been up here, you know We we pulled back last Wednesday, and it came right back Thursday and above this, you know, it's clear We get a couple points away from this and it's clear. It's only to 121 That's how this thing is shaking out pretty wild some of the higher volume equities that we have Actually, let's look at the 10 year we're dealing at 3.17 this month what 3.13 right now Yeah, it's live at 3.07 3.13. We hit this morning big numbers Some of the higher volume equities out here and this let me just see something so It almost oh Yeah, we're gonna have high volume today man. This is high volume folks where we're already at 692 million and it's 230. That's that's a that's that's a big number man We go take a look at the Nasdaq the Nasdaq as at 4 billion already But we're gonna have volume behind this moves some of the higher volume equities inside of this market right now Let's pull us get that S&P up there Okay, so you get Apple down for 88 you get advanced Microsoft 952 Microsoft 9 dollars Nvidia 16 dollars Exxon 7 dollars Tesla 67 Facebook 5 you get some monster numbers out here oxy oxy Petroleum down to 7 dollars now. Let me show you inside the OIH because what we're what we're what you're gonna see here We're gonna go from they finished their way on the way up, but it's gonna be very close We may have ABC structures on the way down now and the OIH and that's all this market needs Let me tell you because that was the only place that was strong We're going after B point today 252 95 you need 1.4 5 million I think we're gonna get it and if that's what you get it's a big ABC down you get 312 is the top 252 is the bottom so what did we got that's a 48? 58 60 bucks That gets you to 26 and to 26. Yeah is next leg down to 26 brings you back to January 25th and Well, we'll see hour and a half. I think it looks like it's gonna be enough. Let's go to oxy and take a look at oxy, too So oxy right now That's just coming off the highs with volume, but you can see this already tested the highs with lighter volume so another question is gonna be like Where's it want to go in the downside Chevron CVX we take a look at Chevron here Chevron's down 11 dollars and 35 cents This already this is this let's see did this modern I tested it. Let's see now 174 It 34 million versus 57. Oh Look at this man. See when they test like this. I'll get 174 54 174 76 174 flat out. Yeah. Okay. So your first high out here was 174 57 million Tested it right away 174 76 34 million Came down came all the way back and almost hit it 174 54 But it's the other volume 7.6 million versus 34 million versus 57 and then you come off that With 15 and you get volume today. It's gone. Yeah This is this market is something else man that just give me one second here. I'm getting straight no We go take a look at the GDX because that I mean they're smoking everything. There's no two ways about this the GDX out here That's down Buck 76 29 million I'll be close man This could be an ABC down to Man if this is an ABC down this gonna be a trip. So what's gonna happen here is this we need 8 million it can get this can get 8 million this can't get 8 million an hour and a half man We'll see how that shakes out if that's the case. It's gonna be a big one 41 7 that lines up 28 and 28 the lows those lows out there 28 87 So are you in the market for buying or selling real estate in the Bay Area including the surrounding st. 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That's TFN.com then hit watch Tiger TV Come back folks Hey, I gotta love it when you have you know, it's so funny folks. I was just waiting for my music Dow Dow industry was a down 527 Aztec is off for 86 S&P's off 117. Let's go to our man John and Philly John What's going on brother? Hey, John, thanks for taking the call 230. Aren't we are we lucky here today? We're cranking It's a beautiful thing come up Long long ago you were the one who educated me on The power of three things price volume and swing points So now I asked you here in real time right now the That the NASDAQ 100 NDX that's futures have just come down and exactly tested a Major swing low that was March 5 2021 is is this important? Is it likely to bounce if it doesn't what is that for tell in your opinion, please? Yeah, I just see so What you do have intraday here, right? Is that the I was looking like if you had another ABC structure down I'm going with the ABC down John and we're a long way away from it Um Yeah, so You know and the future is yeah, this this I see the number you're talking about but you know My take is that this thing is not going to stop this this looks to me like And how and night is it 90 this looks like the aging contagion to me This is like it has the same feel of it It has the same that it was just relentless day after day after day after day That's what it looks like man, you know, but we're coming to the tops of those numbers and you know, the bottom line is that you know You can see let's see 249 we're 244. I think it's gonna blow right through them and go to the bottom of them. That's what it looks like Yeah, Tom Tom. I I always appreciate a very direct answer So that's all I that's all I asked for so. Thank you very much. Okay, man. Have a great one. Have a safe one It's sad, but true folks these these it's it's it this is a this is a heavy market, man And there are plenty of people that have never seen a market like this and that's gonna be really Well, it already is pretty intense, but you can I can tell this is my opinion but to me people are still not paranoid and That's when people lose the most amount of money Okay If you're not nervous and you have portfolios That it just keeps going, you know That's saying that I have the market's job is to take the most amount of money Away from the most amount of people in the least amount of time and the market is the most efficient Mechanism I've seen to do that in my life period. You know what I mean? Meaning the quickness the quickness is always like crazy folks And in this particular case here, you know, I think that people are just not paying attention That's that's and I can I can see why I mean that Now what I also want to set up is this during remember and I'm sure if if you're a new listener I'm we appreciate you growling a problem with us when level loser and welcome to the tiger family a Lot of the the folks that have been out here remember when I was talking about okay The what's coming down here is this and I'm gonna bring you all the way back to the original baby boomers meaning me Folks at about five or six years old into me I'm about six years into it and remember I would what I would always say is that if You're a baby boomer all you had to do is be ahead of the rest of the baby boomers You're gonna make money because there's so many of them. Okay, and then what I was doing is this I start Going through my own cycles right thinking that okay, man I remember, you know when the Dow is at 803 and 1980 okay, I Remember that it stopped moving then and then the bottom line is that more people and more people meaning the baby boomers really start getting into it and In a month's away, but that was really the beginning of the move up up up and Simultaneously was to move in into the market and it's a real estate and then the first real estate pullback had to do with All the baby boomers Okay already so they were buying buying buying like crazy going all the way from you know Let's say the 70s 76 around there earlier than that going all the way up and then we had the crash and And 1987 now the crash in 1987 it was just one front down quick and back But what that set up what happened there what that set up is that that set up the first real estate pullback And 89 and that was a monster one. It was a monster one in Boston, New York Orange County Dallas, Texas, Anchorage, Alaska You know Those are taught markets those markets got cut in half. Okay, so then What ended up happening is that the acceleration starts going forward again you went up to 98 and Real real estate came back strong as anything. Okay came back big-time went up to 98 and That was the agent contagion the agent contagion basically took things south because what ended up happening Of course is that there were plenty of larger funds on the wrong side Real estate went bonkers from 98 no doubt going all the 2005 imploded right so where my head was going and my head still at is this is that my son Tommy is Actually one year older than the next generation or two generation of the next generation down That is larger than the baby boomers So this is my take here how this thing is going you have two different different things going on Number one most of them haven't seen a downdraft Tommy did because he was in the office at the 2007 2008 one Okay, most of them never seen one Simultaneously all those people came into the market For housing now watch what happened with housing all those people come into the market for housing I asked the baby boomers never get out of the market. We really Understood what we're doing now so we could even make better choices All right, and then on top of that all the funds came in bought So what you have there is that that's the expansion on steroids And that's where we sit at this particular point now the market This is going to be the first large pullback far Back generation The real question is going to be you know, it's just going to be a pullback right across the board My take is that it is okay This is a wild card in there for sure, but people always keep saying that yeah, everyone's got cash and they do But guess what? Cash runs out at some point folks that's my point more than anything I'm just kind of laying you out there like that is the cycle and So it's cool about this is that if you understand that cycle if I'm a correct on that cycle meaning the amount of demand versus supply Because it's all about volume no matter what you buy them then you want to get ready for basically, you know Buying when do you think you know the world's gonna end which the world does never end so okay? The world keeps expanding. Okay, forget the ending. Okay My take We'll see where this shakes out down just shows right now down 542 Nasdaq's up 477 S&Ps off 119 You get you have a lot of red in the screen out here We go. Let's go get Microsoft Microsoft. You talk about volatility man. You think Microsoft, you know Yeah, look at this thing It's blowing his brains out man stare at their folks who come right back Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at TFN And you'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you Make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor You were born to be TFNN educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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Just visit the front page of TFNN.com Catch Tom O'Brien professional trader and educator founder of TFNN Also a special guest on CNBC Tom will bisect and dissect the markets the Tom O'Brien show Next I'm TFNN Welcome back folks to Dow. Now is up for 485 Nasdaq's up For 54 S&P's are off 108. Let's go take a look at Micro Strategy so micro strategy folks their whole micro strategy is not about big so basically making anything there Their strategy is about Bitcoin. So A couple of targets want to take a look at this because there's no doubt when you're talking about volatility You're talking about like something saying, you know micro strategy They've gone from a price point of eight hundred eighty dollars six months ago to two twenty one Because everything that hinges on what is the price of Bitcoin? Okay, so on a Let's see the ninth This is ever an ABC down. It'll be a wild. Let me put this in a weekly for a second. Okay, so on a weekly Yeah, good ABC down That's uh, oh my god, eight ninety one Three oh seven you kidding me 500 that's out of business So let's see what the question is again in there The correlation of the margin call around Bitcoin 20 Yeah, I'm I can go to XBT.  Let's bring up XBT for a second You're thirty thirty thousand eight hundred. Oh, yeah, this is breaking old pot. Okay You know what folks what what does happen is that when you get things like this? This is the whole deal that's saying that you know when the tide gives out you find out Who has a bathing suit on and guess what you know the next stop for Bitcoin is 28 your break 28 and next stop is 19 Pretty intense man. The whole thing is intense. You stay right there folks We are gonna be coming right back to we'll finish this market up down. That shows right now Down 427 Nasdaq's up 431 S&P's up 101 to come right back Building wealth trading in the stock market seems impossible


Hi everyone, Joe for Jasby's casebreaks.com coming at you with 2022, Panini National Treasures Baseball. Great break here, love this stuff. Four box, pick your team number, Mookie Betts, he's number 50, right? Mookie Betts, pick your team, just got a single off of Shoei Otani. Oh, Freddie Freeman, it's two hits away from 2,000. Dodgers at Angels on the background here on Wednesday, June 21st, 2023. Thanks everybody for making this happen. Jason K, you ended up with last spot mojo before I pulled 20 teams out of here for the random number block randomizer. So thanks to the handful of people who bought their team straight up and thanks to the people who got involved in this filler right here. So it's a random number block break. So it's a serial number break involving these teams, right? And those are the numbers right there. We did that video in a separate video if you're looking for that. Thanks to the people who got their spot straight up here. Congrats to the people who won their way in with those two fillers. All right, so with that being said, here's the case of NT baseball. Let's take this out of my inventory. So I always forget to do this. Gotta do it now, otherwise I'll forget. All right, now let's pop this open and we'll see what we got. Good luck, everybody. What we got in here, a lot of monster potential in NT baseball, as we know. Use this blank card right here to slow play the hits a little bit. And away we go. We're gonna lead off with Brandon Lau. 73 out of 99. A lot of these teams are gonna be number block teams. So if you're not familiar with the random number block format, we go by that digit right there. So that's Tampa Bay three and that'll be for Jackson. Retro materials, Alec Minoa. 91 out of 99. That's gonna go to Toronto one. That'll be for David M. How's he, anyone have an update for him? Of him about him in the minors? Kinda figure some things out. What we got? Charlie Blackman, four out of 25. Stars and Stripes, got the Colorado Rockies pinstripe in there. That's gonna go to Colorado, which is a number block team, Colorado four. And that's four. Jason K. What we got? Zach McKinstry, 20 out of 99. Dicut, Jersey and Autograph. For the Cubs, that's Cubs edition, former Dodger. And that will be for Chicago Cubs zero. And it'll be for Allen. Got Jaren Duran Duran, 80 out of 99. Red Sox zero. It's gonna go to Allen. Her name is Rio and she dances on the sun. Just like a river, river you wanna see man. I don't know the words to. We got Ecklar's Choice, Corey Lee, Houston Astros, 22 out of 49.  Nice patch here, Kyle Muller, 17 out of 49. It's part of the, part of the Tomahawk. That's gonna go to Jason K. And the Braves last spot Mojo strikes again. Then we got some prime trios. Wow. Spencer Torvalson, Bobby Wood Jr. And Seiya Suzuki, 23 out of 25. Tigers, number block team. Royals, number block team. Cubs, number block team. So that just goes to the number. And that goes to number three, 23 out of 25. Number three is Jackson. I think all three of these guys are having some, a solid season. He's been heating up the last couple of weeks. Pretty nice. On the bottom is Mike Zuninho, 20 out of 25. Seattle zero is gonna be, is gonna be Allen. Oh, McKinstry's a tiger now. And we've got Gil McDougal, 15 out of 25. Legendary materials, piece of the jersey for the Yankees. And that will be a number block team. So that'll go to Yankees five. That'll be for Nathan, last spot Mojo. All right, box one in the books. Box two, Alex Vesio. You got Brandon finding Nemo, 10 out of 99. That'll go to Mets zero. That's gonna be for Allen, Justin Turner. Field gear, Dodger's edition.  Albert Poole's eight out of 29, Cardinals edition.  And we got Jeter Downs, 12 out of 25, Jersey and autograph. Red Sox, that's gonna be for Boston too. And that's for Nathan. Trent Grisham, 32 out of 64. Jersey and autograph for the Padres. That's San Diego two. Once again, another one for Nathan. You got Brandon Marsh, 22 out of 25. That's Angels edition. Nice patch, autograph. Angels two to Nathan. And we got Jose Ciri, 47 out of 49. That'll be for Mark Russo and the Stroze. Gonna do that Astros logo right there. A one of one Yordon Alvarez, autograph. Mark Russo. Getting the Stroze straight up. Getting the Yordon Alvarez. And getting the train whistle all aboard. The Big Hit Express. The book is dual signature material, 60 out of 99. We got Matt Manning on the left side, Shane Boz on the right side. Detroit, a number block team. Tampa Bay, a number block team. So that's gonna go to number block group zero, Alan Murdock, there you go Alan. Dual auto, dual signature dual auto going your way. And the hit down here is a Tetease Junior car, 16 out of 23. San Diego six, Jackson. Halfway through this four box break. Colossal rather, Christian Walker, eight out of 99 for the snakes. Raymond with the diamond backs. Luis Severino, 75 out of 99, piece of the jersey. Going to, going to the Yankees. Yankees five, Nathan with the number five. And we got Ellison Howard, 59 out of 25. Look at that, old jersey, maybe some tobacco juice on there, maybe some old infield, old Yankees infield dirt. It's another one for Nathan, nice. And got Daniel Lynch, 91 out of 99. That's for the Royals, Royals one, David M. We got Adam Frazier, six out of 99. Colossal jersey and autograph for Seattle. Seattle six will be for Jackson. Jordan Lawler for the diamond backs, 91 out of 99. Raymond with the snakes. And a Curtis Terry, five out of 25. Great patch. Rangers, that'll be for Rangers five. That's going to go to Nathan, last spot Mojo. Then a slider box might be too thick for a 180 top loader. We got Dale Murphy, 13 out of 25. A piece of his lumber and his great autograph, excellent penmanship there. That's going to go to Jason Cape, last spot Mojo. And Eli Morgan is your rookie signature jumbo material. But what happened? Michael Bush dropped that ball? That goes to Josh and the Guardians. Cleveland, this is for you. It's popped up, Will Smith doesn't see it. Michael Bush doesn't see it. I don't want Alex Vessia making extra pitches here. All right, fourth and final. Not with Otani and Trout coming up. You got it out, man. You got it James, there you go. Got out of that one. All right, we got Tyler Stevenson, 97. Check that 87 out of 99. That'll be for Oliver and the Red Legs. We got Byron Buxton. Piece of his lumber, 17 out of 99 for Minnesota, seven. That'll be for Jackson. We got Mookie Betts, 10 out of 49. That'll be for the Dodgers, Jay, the boys in blue. We have Bergetron, Jake Berger, 88 out of 99. Hmm, burgers. So White Sox are a number block team. So White Sox, eight. That'll be for Jackson. There's Alec Minola, autograph, 14 out of 25. Hopefully he figures it out, gets back into the majors and do what he does. That'll be for Toronto number four, Jason K. Got Christian Pache, 33 out of 99 for the A's. A's are a number block team. That'll be for Jackson, open A's three. Got a Matt Brash, 66 out of 99. Mariners, Mariners six, Jackson. I like that patch, nice one. Got Jackson Holiday, 59 out of 99. That's gonna go to Kevin and the Orioles. Nice. Holiday, future star right here. Former number one overall pick. The book is Legendary Materials, Stature's Duals, Statline to 10. Nice low number there. That's gonna be Cool Papa Belle. Dual Relic and Cut Auto. Not for the St. Louis Cardinals, but he's none on the checklist. So we'll randomize that to one person in the break. A little bit of history there. If it lands on a number block team, it would go to Jackson, he has number seven. The final card is Michael Baez, 52 out of 63 for San Diego. That'll be for Nathan and the number two. All right now, let's run the randomizer. So let's flip back to the list. Everyone's got a shot at Cool Papa Belle. Let's gather all the teams and team on top will get it after two and a two, four times, good luck. One, two, three and four. Rocky's getting very close, but no cigar.  So it didn't matter because that was always going to Jackson and the number seven. There you go, Jackson. There you go, everybody. I'm Joe for jaspyscasebreaks.com. Thanks for watching. Thanks for breaking with us and I'll see you next time for the next one. Bye-bye.


Meanwhile, civil society organizations, the socio-economic rights and accountability project has vowed to sue the federal government of Nigeria over its suspension of Twitter operations in Nigeria. However, as at the time of filing this report, Twitter is still up in Nigeria. As users are still having access to the platform, the minister's statement was also silent on the time that the ban would be enforced. The suspension did not go down well with Serap as it perceived the Twitter ban as a threat to human rights.


I've addressed how cell phones may affect brain function, and how both cell phones and Wi-Fi may affect male fertility, but what about the effects of Wi-Fi on brain functioning? The possible existence of cognitive effects in these kinds of radiofrequency energies has been one of the more contentious discussions in the forever contentious issue of whether exposure has any health consequences whatsoever. Wi-Fi has been called an uncontrolled global experiment on the health of humankind. The effects of radiofrequency fields gained new urgency, as the World Health Organization officially declared cell phone radiation to be a possible human carcinogen based on brain tumor risks. But their decision has no direct relevance to the possible health effects of Wi-Fi, since the exposures are so much different. We may absorb 100 times less radiation in a typical exposure to Wi-Fi compared to cell phones. But you don't know if there are effects until you put it to the test. Can Wi-Fi affect brain function? To date, more than 100 studies have been published on the effects of these kinds of emissions on human brain wave patterns as measured by EEG, while the results are mixed, a fairly consistent finding is that even a short duration of exposure to the head can produce small but statistically significant changes in the EEG of resting and sleeping subjects. This effect is acknowledged by most health agencies, but the question is, what do you do with that information? For example, a review sponsored by the European governing body concluded that the relevance of such small changes remains unclear, and we don't even know how it's happening at all. Some have suggested it's an artifact of the test, and that EEG wires may be acting like antennas that carry the wave straight to the brain, in effect, contributing to the changes that it's been set up to measure. Either way, you don't see the kind of neurocognitive effects with Wi-Fi exposure that you do with cell phones. For example, no measurable effects were found on reaction time or sustained attention. Now this was testing 2.4GHz Wi-Fi, but if anything, we would expect even lower levels of exposure from the newer 5GHz Wi-Fi due to the shallower penetration depth. Although more accurately, a person who spends hours a day glued to a smartphone or tablet may very well experience all sorts of neurocognitive effects, but from the use of this technology, not from the radiation. It's interesting, there's a large literature out there about the health implications of these new technologies for young people, but it's about the content. For example, Never Before in History has such sexually explicit material been indiscriminately available to youth. We need to ask ourselves as a society what effect this may be having. Girls and boys are being exposed to a colossal amount of digital media on smartphones, which makes access to pornographic material all too easy, cheap, and anonymous. No longer confined to homes and bedrooms, young people can now watch pornography in school, in public just a touch of a button away, and researchers only begun cataloging the effects this may have on young people's attitudes and behaviors. Most college students these days report seeing online pornography as a minor before age 18. A 1,500 high school boys surveyed, the vast majority admit to accessing web porn, nearly one in three for more than an hour at a time. What is that teaching our next generation of men? Researchers sat through and content coded 400 videos from mainstream internet porn sites, and more than a third of the videos displayed acts of physical violence against women, such as gagging or choking. Yeah, but does watching such material lead to sexually aggressive behaviors? 1,500, 10 to 15-year-olds were followed for years to see if there was a link between intentional exposure to such material and leader sexually aggressive behaviors, such as sexual assault.  The question, of course, though, is, which came first, right? A major difficulty with interpreting this kind of research is, you know, that teens predisposed to that kind of behavior, of course the ones who may be drawn to that material in the first place, so no cause and effect link can be established. All we can do as parents is closely monitor what our children are doing to the best of our abilities.


After the FCC got in that neutrality, I'm sitting in my office and my assistant comes out and says, well, you have a phone call through the front desk. I'm like, okay, well, who is it? It's your daughter. And my daughter's 16 years old. I'm like, why would Caroline be calling me through the front desk? So I'm like, hi, honey. She goes, government? Hi, honey. She had called both our congressmen and both of our senators. She and her friend and said, me and all my friends are so concerned about this. What are you going to do about it to the congressmen and our senators? And she said the same to me and I'm like, sorry, honey. I can't do with them, right? Because there's some attorneys general suing, but this is an issue for Congress to fix.  Doesn't really work at home. In January, I went to her high school, which is also the high school that I went to, in a classroom on January 22nd, and we signed this executive order. The order says that if internet service providers want taxpayer business in Montana, they've got to agree that they won't violate net neutrality in Montana for anyone in our state. And then we made a little template. We took out the words Montana, state of Montana, and had a blank space that said, insert jurisdiction. We shared that template far and wide to anybody that might listen. Now, it might be a stretch to think a 16-year-old in a small state like Montana could actually impact net neutrality. And it's a little bit of a leap when we signed that executive order. But a couple days later, a tiny state called New York signed the same executive order. And then New Jersey signed that executive order. Hawaii, Rhode Island, and Vermont. Vermont was particularly special to me because it's a Republican government. And internet freedom at the end of the day, it isn't a partisan issue. It's an everybody issue.