The following is a presentation of TFNN the morning markets pick off With your host Tommy O'Brien Good Tuesday morning everybody. I'm Tommy O'Brien comedy alive from TFNN 906 a.m. Tuesday morning We got about 24 minutes to go until the start of trading and you got markets in the red this morning by about two-thirds percent But we've given up more than that as you had markets in the positive overnight Since about was zoom in on the action on the S&P's you're talking about 3 30 a.m. This morning We've given up about 45 S&P points. You were as high as thirty nine thirty five So does that put you above 18 points in the positive at one point? We're now 27 points in the negative right now 3890 in the S&P's NASDAQ 100 we're negative by 87 points You see the drop off the drop off as well overnight We're about 150 points from where we were trading at 3 30 in the morning the Dow under 31,000 We're 30,000 912 you get the Russell right now negative by 13 at 1806 crude Talk about an acceleration in both directions yesterday Let's take that Fibonacci number off there because we basically got it all back crude yesterday from 85 50 down to 81 73 We're back to 85 50. That's where we ended yesterday, and that's where we've been shopping around since you jump to the gold contract Trained down $2 at 1675 gold Boy gold you just put gold on a long-term weekly and you were chopping around it some pretty dicey areas for gold You're pretty much right at the lows that we've had whether it was the lows you back things up from July of this year You back it up to August of last year a low of 1677 90 within a couple dollars of that price point You back it up to March 29th the week of 1677 you back it up to earlier in March 1673 so you see gold just kind of teetering within where it was a couple dollars now interesting right that prior to where we are Right now in gold you're talking about lows whether it was last year We had three different lows that all lined up in the 1670s That's also where you got the low two months ago 1678 We'll see if 1670s can hold right now with gold at 1675 We jump to notes and bonds and what do we have folks? We got lower price and we got higher yield the 10 year right now. It just don't stop man We got a 113 handle on the 10 year 113 29 you get the 30 or down more than a full point and nine ticks as We approach the beginning of a Federal Reserve meeting and we get an announcement tomorrow at 2 p.m Eastern Time we got a press conference to follow at 230 higher rates coming at you man The trend has not stopped right now and you just go back to the 10 year We put this thing on a daily and boy you talk about breaking out man We are now breaking below where we were in June and you're talking about a slide folks So the period about six to seven weeks where we have traded from a 122 handle to a 113 handle in the 10 year You talk about an acceleration man in a big way We jump over to the volatility index this morning VIX elevated a bit as we got some negative action in the market the VIX trading at 2661 all right, let's jump around to some currencies before we jump around to the news of the day dollar index It's pushing highs man one ten fifteen right now and for the dollar index I'm gonna remove that Fibonacci for some clarity higher highs higher lows across the board folks the recent high You're talking about from September 7th 110 786 and we are climbing this morning back to a 15 minute even a five minute look at that acceleration right from overnight 10940 to 110 and change right now All right, let's jump around to the euro-us dollar. I've been talking about the euro been talking about the yen And let's put that thing on a daily to see the action And yeah, I mean keep your eye on these channel lines folks currencies running a lot right now and pretty decisive Break off the top portion of that channel line were under parity yet again in the euro-us dollar now I've talked about the pound US dollar as well pound Still chopping around towards the low portion of that channel line for the pond at 1 1409 and we gotta jump to the dollar yen this morning dollar yen 14368 we put that on a 15 minute action just really chopping around for most of the week right not as much volatility right now in dollar yen as it chops around between about 143 and 144 right now for the dollar yen All right, let's jump around to the headlines and we got to talk about a little Fed man because the Fed meeting begins today All eyes will be on the announcement tomorrow 75 basis points expected a hundred basis points in play FOMC unemployment forecast will probably be revised higher and the headline there is that the Fed is set to reveal quote-unquote Pain coming in next stage of inflation fight Hard not to imagine there's gonna be some pain folks in terms of where they're going with rates and where inflation currently is right now But this is that they've been warning in recent weeks when they publish new projections for the economy Which could show a substantial rise in interest rates and unemployment ahead of the estimated price tag for reducing inflation When you look at projections for unemployment rate set to rise again folks, okay? now projected unemployment rate for q4 of 2022 and then is in the black here q4 of 2023 is in the pink q4 of 2024 is in the yellow and what do you see folks? You see rising numbers in a big way there as we now have four point one percent the officials seeing higher unemployment Coming at you for the fourth quarter of twenty twenty four, but folks 4.1 percent That's a pretty healthy economy with unemployment at 4.1 percent now you can make the case that's that that's not a fair representation maybe you want the Representation of unemployment that includes people who are out of the workforce, etc But nonetheless on a historical basis two years from right now. You're talking about a projection of 4.1 percent I'm not sure that's enough to tame the inflation numbers We have going on and that is one of the worries in this economy the higher trajectory of interest rates is going to have a Bigger impact certainly on unemployment We see the unemployment rate coming up closer to 4.5 percent in the feds nuke forecast is what you may look for there in June Okay Projection for unemployment rate called for a half point increase to 4.1. So those are the numbers that I just went over as of right now Okay, what are they gonna say when they come out tomorrow? Keep your eye on that one man The economy may be the market may be a little freaked out if they really jack things up But you're talking about an estimate from 4.1 Some analysts as I just mentioned looking for that number to potentially rise to 4.5 still 4.5 folks Okay, we got to tame 8 to 9 percent inflation right now and you're talking about in two years We might get an unemployment rising by 4.5 percent. Those are real jobs, man That is real numbers that is almost a full percentage point above where we're at right now in terms of unemployment right think about that that is a full percentage point folks of People that will be unemployed two years from now versus where they are right now Since then monthly diet data on CPI as in they came in with the 4.1 percent in June That was their estimate, but guess what the data has not been friendly We got 8.3 percent inflation since then and yeah, they're looking for Current market pricing for the terminal fans are at five fed funds rate is 4.4 percent is what they might think Okay in terms of where the feds gonna go Yeah, it's gonna be an interesting one folks at 3.7 percent in August the unemployment rate counted 6 million Americans out of work and Actively searching for a job a rise to 4.5 percent assuming no change in the size of the labor force would amount to job losses of 1.3 million Americans who have a job today Okay, who may not have one in two years from now if that number 4.5 percent if that happens folks Unfortunately that may be what's necessary to tame the inflation tendencies going on It's a tough deal the markets reacting obviously because of that We'll see what happens, but we get a fed meet and start in today And we got the SMPs down 27 points after quite a day to the upside yesterday stay tuned folks We'll be right back with our man Kevin Hicks This to gold owns and operates the largest undeveloped gold project in Australia the Mount Todd gold project This to gold just completed their feasibility study resulting in a 7 million ounce gold reserve This to gold has all major permits approved and has retained C. IBC capital market assistance in evaluating alternatives and in completing an accreted Transaction this to gold trades on the NYSE American and TSX under the ticker symbol VGC This to gold executing a strategy to create shareholder value Everything in the universe is governed by the Fibonacci sequence This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns You can take advantage of sign up for the Fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader Larry Pesavento on stocks You need to pay attention to and you can trust Larry's analysis after all He's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking Expect notifications from Larry on market movement You need to act on at any time first-time subscribers also get a 30-day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up Subscribe to the Fibonacci 24 7 newsletter today tfnn.com educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of Trading knowledge every day. It is mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter Mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at tfnn all our newsletters come with a 30-day money back guarantee So you have absolutely nothing to worry about visit tfnn.com and try mastering probability 30 days risk-free today tfnn educating investors tfnn has launched the Tiger's Den 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 The Tiger's 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 sign up today and become a part of this Educational community of traders. Just visit the front page of tfnn.com Welcome back folks. We got the S&P right now negative by 30 points NASDAQ 100 You're negative by almost a hundredth the DAW off 219 Let's jump over to our man Kevin Hicks every trading day folks 12 noon eastern time right here on Tiger TV The TD Ameritrade Network with fast market your host Kevin Hicks Tom White the team at TD Ameritrade Network They do an outstanding job folks. They break down the market action They walk you through hypothetical trades every single day usually three of them They're always talking options and options folks you're talking about to find risk and man We got some volatility coming into a Fed meeting Kevin Hicks. Good morning Good morning Tommy O'Brien yet day one of a two-day Fed meeting and really Tommy if you think about it This whole week is going to be about interest rates, right? I mean Wednesday you have the FOMC which also have the bank in Japan now They're not expected to do anything, but they're gonna have a basically their bank of Japan meeting how about this Thursday? You get Switzerland They're expecting to raise 50 basis points. You get Taiwan They're expecting to raise 12 and a half basis points and the Bank of England is supposed to raise by 50 base points That's all coming up Thursday after us Tommy, but as you know if you're an American Investor you're all about not only what Jerome Powell does In terms of moving interest rates, but how he describes that in that post meeting press conference so With the tone that he took coming out of Jackson Hole Tommy There's been a change in the power dynamic. Let's put it that way between Investors in Jerome Powell, so I'm anxious to see how he describes the US Academy as he sees it I think he'll have a lot of eyes and a lot of ears to say the least watching what he has to say at 230 tomorrow let alone the statement at 2 p.m. In terms of their announcement 75 all but guaranteed if not maybe even higher a hundred basis points in play to some degree I was reading this morning Kevin talking about maybe you might get you know a revision of some of the projections tomorrow talking about whether It's unemployment going out forward. We're at a pretty healthy number right now What is it 3.5 3.6% maybe some of the estimates or that they might go up to maybe 4.5 by the end of 2024 looking for a little bit of an economic pullback I think that number is at about 4.1% right now, but man you go up a percentage and you're talking about I saw one projection this morning I mean, it's it's 1.3 million Americans, you know You shift that number up unemployment from where we are right now to somewhere in the ballpark of 4.3 4.5% by the end of 2024 Where does that play in to your mentality Kevin do you first off do you see that type of action maybe and listen? We're looking forward two years. Who knows what's gonna happen, man But if we do is the market pricing some of that in already, that's where I try and get my head going right It's like we're at 3,800 the highs are 4,800. So the market knows something's different right now So where where are we kind of in the estimates that we got some ways to go right now even in a rosy scenario kind of I think what the feds trying to get a handle on right now is the US economy is weakening But how fast how quickly is it weakening right? I think the Announcement out of Ford this morning shows some real concern. You're starting to see layoffs Start to creep in to some of the news stories So when I saw the news about Ford cutting their quarterly earnings kind of a one billion dollar pre announcement and and and the story behind that about supply costs and parts shortages and you know overall Finished vehicles ready to sell are coming up short The first thing I thought of well, I wonder if this is just the first start of many people announcing this right? How is this? I think this is an early announcement, but remember Tommy work We're about two weeks three weeks away from the start of third quarter earning season So I wonder if there's gonna be pre announcements a steady flow Going into earnings. So that's what caught my eye this morning as I look at where the market is right now I mean, you know, I think that this is gonna be Bumpy Tommy the fall that doesn't mean we can't go up as well But boy this market is set for it seems like it's bracing for some bad news out of Jerome Powell Tommy And we haven't chatted since FedEx on Friday, right and pretty similar deal man You talk about a fall off they come out early And they trade off I think 20 22% on Friday seems like all the surprises right now are leading to some pretty big downward Trajectories for some pretty big equities out there Last earnings season was pretty strong man, especially the big stocks out there Apple some of the tech stocks really performing Well, there were a lot of analysts out there saying hey, you know as we get into the later part of this year Maybe early next year you're gonna see earnings revisions though as they're coming It seems like that might be the trend man as we kick things in and as you say September 20th We're coming into October. We kick things off pretty soon with that in mind Kevin What are you guys talking about at 12 o'clock on fast market today? Tommy as you know, we are late in earning season. So as we work our way through a Very thin lineup. It's really all about all the other things But we'll look at the home builders today when our is coming out with earnings tomorrow after the bell We we've got KB homes that we'll look at the housing sector just came out with housing starts and permits Which was a little bit of a mix of a nice beat in starts But a pretty big miss in terms of permits. So we'll look at the housing sector and Will all all things consider get ready for Costco and FedEx on Thursday But you know, this is a very thin time for earnings. So we'll get some high profile names and look at them Tommy Now a company like FedEx for example Kevin, so they're coming out. They pre announced early, right? So it is that I mean you think that that brings down the volatility of what's coming on their earnings when they kind of put it All out there ahead of time Letting people know you still have some volatility in here, man I got it up on the thinkorswim platform right now as of the close yesterday The options expiring for Friday still you're talking about about a $9 move priced into those How do you look at something like that, you know Where you have an equity come out and they kind of give you all the bad news or hopefully all of it Man if they got it out there and then you have their earnings that follow How do you look at an equity usually like that Kevin? Yeah, it certainly it certainly took some of the surprise and the Volatility out of this name the stock has moved down as you said significantly from where it was it was trading You know about 205 now. It's 160 and what 162 to start the day, so yeah, it's already made a big downside move So I think it's just a release of more Information and and so yeah, it's tricky Tommy. You're right. What do you do? How do you trade it when they pre-announce? There is still an expected move of about $7.80. We'll see how that plays out. Yes. Some of this is interesting Tommy, you know My history trading GE they didn't usually pre-announce. So It's it's certainly a different way to look at an earnings announcement I try and imagine myself in that season's like, what do you put out early versus? What do you save? Do you do you throw the whole kitchen sink of everything bad out there early that you have to? And then save a little tidbit if possible We get to find out man later this week. Well, Kevin I appreciate you taking the time as always on a busy morning man We'll be watching at 12 o'clock today and then we'll talk to you tomorrow morning as well. Have a great day Tommy Thanks for having me on thanks so much Kevin folks tune in every trading day fast market on the TD Ameritrade Network Your host Kevin Hinks Tom White. They do an outstanding job folks We got a volatile week going on right now and you heard it They'll be talking about some of the home builders and Kevin referenced it I'll jump over as we come into the break here as we approach the opening bell and yeah housing starts rise Unexpectedly though building permits drop it seems like so often in everything going on There's almost data for any viewpoint that you have out there And it's who is sorting through that data the best to find out which ones are really meaningful for trends that are taking place and which ones are Disguising maybe the trends taking place new construction rising twelve point two percent in August one point five eight million Permit applications though declining to the slowest pace since mid 2020 stay tuned folks. We'll be right back for the opening bell In a time of booming inflation we are purchasing powers eroded There's no better place to protect your hard earned money than ain't gold This the golds flagship asset is the Monk Todd gold project in the northern territory of Australia This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tier one mining district This is a large-scale low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction This the gold just completed the Mount Todd feasibility study Which resulted in a seven million ounce gold reserve in a 16-year mine life All of this combined with the approvals of all major operational as well as environmental permits This distinguishes Mount Todd as an attractive dearest pot ready development stage gold project This the gold trades on the New York Stock Exchange and the symbol VGZ TfNN is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology Using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups Including guardleaf ABCs butterflies and much more the art of timing the trade charts is designed to help you when Scouring the markets for stocks just beginning to form the trading patterns that many investors spend days weeks or even months Searching to find and right now. We're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day Unconditional money-back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting TfNN.com 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 This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of TfNN.com Welcome back folks jumping back to the market as we open we get the S&Ps down about 34 points right now trading at 3883 And you see just from where we were overnight folks No, that's yesterday morning. Excuse me Right back to the 618 now the reason why I had this up in particular folks You talk about some moves right now. Okay, we trade it out from 3846 pre-market yesterday Now, let me back this up a little bit because what's so interesting here is that we are basically okay Right back to where we were the close of Friday. Okay, so you could make the case All right, not bad We got a lot of volatility and you that's a rightful case But the swings we're getting in both directions folks This is why my dad talking about you can be trading this market in both directions, man You probably want to be making most of your trades in the way that you think the markets go and if you're bearish making those bearish trades But you talk about a pot man you trade from 3846 to 3935 what is that 50 almost 90 points or yeah 90 points? Okay? That was like 2.2 or 2.3 percent to the upside and then what have we done? We've dropped 55 points 1.3 or 1.4. So you have from yesterday morning 2.3 percent up 1.3 percent down We're right back to where we started Friday action. Meanwhile, the markets are jumping 1 to 2 percent On a daily basis right now. All right, so keep that in mind if you got a trade moving against you Don't be afraid to take your stops folks Uh, we got volatility in both directions. We are right back to the 618 as we blow blow through it right now Well, we're not blowing through it. I shouldn't say that 38 79 right now We're sitting within a point of it actually we'll see if it holds But doesn't look like it just yet man as you got these markets trading lower with the s&p's now negative by 40 points And keep in mind we're negative by 40, but you were higher pre-market. We are approaching What 60 we're approaching 60 points from where you were trading at just at 330 in the morning All right, we jump to uh beyond meat they are in the headlines this morning for some poor behavior by their c Oh, oh, I thought it was the ceo at first. Okay, not as big of a deal in my opinion ceo of a public company like this Yeah, that's a big deal at all Doug Ramsey not exactly behaving as he should have at a football game in Arkansas over the weekend arrested for making terroristic threats third-degree battery and He was involved in a parking garage scuffle of some degree.  Oh, it's pretty crazy, man Uh, and they are reacting this morning. Do you think he's talking to the ceo this morning? Do you think he talked to the ceo over the weekend? Uh, I mean beyond meat. They've had some problems, man You still pull up this company and you're talking about a one billion dollar company folks beyond meat now You check out the chart. Okay Can you find a bid on that chart man up to 239 when they went public? I remember running those numbers man, you know, listen to yourself sometimes folks when things don't make sense, right? The multiples in some of these equities. This has nothing to do with covert or anything This thing goes public shoots up to 240. I remember at the time Comparing the market cap of this company versus the market cap of tyson Okay, tyson's going to be coming out with their own fake meat. Okay. There's nothing Patented that's going to allow them to control that market forever And just having the distributions in place alone that tyson has etc Uh nonetheless tyson at 71 beyond meat. They're dealing with some woes. I want to bring it up because man Uh, doesn't seem like somebody I would want to be trusting any of my money with that had that type of a rage and here's the thing When you were in that position of a publicly traded company You should be aware that these are going to be headlines to to disincentivize that even more, right? But that is just some crazy stuff, man. It is not okay. Help people act uh Now it is I mean folks living in florida And I I just assume And you probably should too that if people are being crazy on the road You don't want any part of that man. Take a few deep breaths. Okay, realize what's important and what's not right? Especially if you have kids, especially if you've got kids in the car or something like that That's allowed me to put things in greater context for sure Uh and in florida especially I just assume everybody's got a gun Okay, and the people who are going the craziest in my opinion They're usually the ones that like to carry around guns More so there's plenty of great gun owners folks. Don't make it about that. This is real life, man All right, and I'm not going to be afraid to tell you Okay, if somebody's in there mouthing off acting all tough in florida There's a very distinct chance that they have a gun to back that up and they're just looking for an altercation Okay, this guy. I mean he should be severely punished lose everything in terms of his job There's no way he should be in charge with that type of business decision-making ability So but learn from it the one thing you can do in life is you learn from your mistakes an easier way to do things Okay, is learn from other people's mistakes. It's not a joke. You know realize that that guy's probably A good man in certain parts of his life and he just made a big mistake We can all do that at times.  We digress a little bit All right, let's jump to a little bit of football speaking of uh, not exactly The same story but amazon so talking about there come on get out of there thursday night football Record number of prime sign-ups for a three hour period right check that out. So not only this is what I was talking about Not only are they selling ads at five hundred thousand dollars a pop Okay, not only are they targeting those ads in a way that probably Live football advertisers have never been able to target before But what do they do they reap in the benefits of all the prime sign-ups? It seems like a no-brainer in terms of how some of these companies I mean amazon I feel like amazon's prime and this might be changing now Is almost like an afterthought to that company and that if that can just facilitate people to stay part of the ecosystem They'll make all the money up in prime, right? So imagine competing with them When you have to make all that money back via ads like for instance, you know Fox or cbs and that dynamic dynamic's changing a little bit as well But uh, I watched some of thursday night football I've been a prime member for like 10 years I think now a record number of new prime sign-ups over a three hour period more Then during similar periods on prime day or other big shopping days like black friday There's no incentive like live football man And this is the first time ever that there has been live football exclusively on a streaming platform Yeah, kansas city and la. It was a great matchup. They were broadcast in mahomes all over the app They're spending about a billion dollars of a year to stream it exclusively And uh, well, yeah, they're they're they're out there touting it, of course, okay But boy prime sign-ups man if they start crushing some prime sign-ups and I imagine that's not going to persist in week two or week three, but that's still going to happen Okay, and everyone's under the 39 bucks for a year They got 200 million subscribers and they have 80 million active prime video households in the us So that was thursday night. We get it again this thursday night Interesting to see how those games go because usually the thursday night games though Those are the weakest games of the slate and that's why they're very hard to make money on The networks will Put together the weakest game give that to thursday night. They save the best one for monday night Probably sunday night's a huge game as well Etc. So we'll see how it goes All right, what else do we have up here peloton? We'll talk a little bit of peloton They are going into the rowing machine for 3195 man these these machines. They're expensive We know that they're launching a line of rowing machines Now it'd be interesting to see How they can transition that to recurring now they're up 1.5 percent Okay, 1.3 percent now you put it on 15 minute They were a little bit higher on the open to 10 20 But boy percentages folks on small numbers can be deceiving. I say it all the time percentages on small numbers Can be deceiving because you're up eight pennies which is almost a full percent Okay, all you are is back to where this thing was trading out on far You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basil Chapman creator of the trading methodology known as the Chapman wave The Chapman wave up down sequence gives you an edge and identity Okay, thanks for welcome back folks. I apologize studio had a big power outage there right as we came into the break We'll kick right back into it and we'll jump in with the s and p's Forgive me, uh as we blow through now that's 618. I was saying we were teetering on it I said we blew through it hadn't blown through it. We're 10 points below where we're at Look at this man. You're talking about folks from where we were friday. Okay now Let's I'm gonna pull it up just to show you man We're talking about 2.3 up 2.3 down in the span of a day as we come into a fed meeting, man Anytime you're getting these types of moves folks open your mind up to the possibility that people are very Unsure how to price this market. Okay, that is something that we should all be certain for Uh, you just go from 39 35 okay From 38 46 a man. I'm taking off the the Decimals that's 89 points from 38 46 That is exactly a 2.31 percent move to the upside And now what have we done? We've we've lost 66 points about off of the high of 39 35 We're now 1.67 or 1.68 percent on the downside 2.3 up 1.68 percent down man And that's just the s and p's the moves might even be bigger in the nasdaq or the doubt Uh, okay, let's jump around and see what else we have going on And yeah, we were talking about a little bit about peloton man. So peloton Just to finish up that conversation Okay Rowing machines is not like a bike. That's kind of what the mentality that didn't portray I think well enough in that quick little snippet rowing machines. Okay a great great Exercise, I remember doleman high school man Who you talk about getting an aerobic exercise with a heart rate on a rowing machine full body workout uh core workout But it's Not the same as a bike in my opinion You're not going to have a lot of people that are excited to jump on a bike and do a group class Like they are excuse me a rowing machine like a bike and if that is what peloton is Hoping will shape up to its future. Look at you already gave up That that pop that it even had as peloton down negative by two tenths percent And you're selling it for three thousand plus bucks, you know, yeah, you get me may get some hardcore fans there, but Enough said amazon shares down about 1.5 percent today Let's jump around to some of those bigger stocks apple shares down about two tenths percent Microsoft down seven tenths google shares down about 1.3 percent. We jump over to meta facebook off 1.1 Let's see how some of those airlines are trading this morning. They got quite a lift yesterday American negative by three tenths percent today delta Off a bit by about three tenths percent. We jump domestically love off 1.7 Jet blue jet blue is almost its own animal man. They're in big trouble recently off 1.5 percent Let's see how the cruises are trading a little volatility in both directions for the cruises Talk about some volatility man Who now this thing breaks out of this a three-year weekly encapsulates the entire covet collapse The rejuvenation and then the collapse yet again now check it out That's one channel line that it broke out of Almost a full year ago, right? But check it out where it is right now folks, okay And this is where you know, you don't have to be a brilliant statistician sometimes and you know what? I'm even going to go like this. I mean it's not A science folks. It's an art And what i'm showing you on this chart is a series of lower lows and lower highs, okay? It might not match up exactly parallel, but if you took And activate that oops I'm going to activate this just to square it up a bit Okay, I mean you take a little linear regression where it best fits That's probably your channel line man, and I'd be real careful looking at these cruise ships right now With lower lows and lower highs and nor region is bumping right into that portion atomers to the upside. Let's see how carnival is doing Yeah, and carnival pretty similar now. I already have it on them. Let's let's see where we let's cancel that left extension, okay? And yeah carnival a little bit of a different story there. I mean, where's the bottom portion of this channel line, right? Maybe you want to drop that down a little bit now Maybe your linear regression might fall there You got carnival kind of right in no man's land the middle of their channel line of lower lows and lower highs meanwhile nor region Uh Looking like it could be in for a pullback to some degree See how some of the chicks chip stocks are trading talk about downtrends, man. AMD down a full percent right now The video just don't stop down 1.3 percent right now We jump over to the sum of the equities with news stories FedEx not stopping either off 2.4 percent man Look at this thing. So FedEx They do as kevin mentioned So they have their numbers you pull up the analyze tab you jump over the earnings tab their numbers are out on thursday I believe yes thursday the open numbers will be out And they have a seven dollar and sixty cent move priced in for that earnings event, okay But sometimes if you're trading the weekly options to expire on the 23rd Knowing how much volatility is priced on for the event is obviously important Uh, but knowing how much volatility is priced in for the instrument that you're purchasing Which would be that friday expiration you're talking about eight dollars and 82 cents now You could think about selling volatility Okay, and we're going to walk through real quick kind of the mentality I go through sometimes You could think about saying hey FedEx came out with their earnings already So some of the surprises are out of the bag obviously when this equity was just trading at 205 And you're getting it at 159 today. You're getting it 45 dollars You're getting it what 22 23 percent below where it was trading at just last thursday Okay, so maybe already a lot of that earnings volatility is out of the bag But you got to keep in mind what you have here is you have a lot of market volatility as well Okay, and you still have the potential for there to be News that will drive this stock on the earnings front. Okay, they came out with a material fact And folks that is a legal obligation and um, I I would say that FedEx and and part of its planning Part of its perception planning as well, right? They're trying to figure out the best way They can release this information to do the least harm to their company's share price At the same time as fulfilling their duties as an executive officer of a publicly traded company that Is mandated legally to disseminate material information to shareholders On an equal basis so that nobody has an advantage in the market Now we'll see what happens point being I talk about maybe an eight dollar move throughout the week, right? And you already have earnings out of the way. Well, guess what? We're 20 minutes into the trading day folks and FedEx has already dropped four dollars and 50 cents So be careful when you think things are a little bit too easier than they seem as in eight dollars Is not a lot of movement right now because this market is still digesting some of what came out last Friday in my opinion As they come into their earnings on thursday and you have all of that volatility tomorrow So which way do you think the market's going? We got a big day tomorrow with the Fed And it might make sense to line up some of your equity trades with that same directional bias stay tuned folks one more segment has just launched their new trading room the tiger's den 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 tiger's den available to all tigers and tigers for just one dollar for the year There's no catch or added costs when you join our community of traders in the tiger's den You can look over the shoulders of tom o brian 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 tigers as they share trading ideas news analysis and discuss the market action all trading day Even at night and on the weekends the tiger's 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.com You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices Get the opening call newsletter by basal chapman and your inbox every day First time subscribers also get a 30 day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Everything in the universe is governed by the fibonacci sequence This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns you can take advantage of sign up for the fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader larry pesavento on stocks You need to pay attention to and you can trust larry's analysis After all he's got 45 years experience as a day trader larry will also provide daily charts videos And data on the key markets that he's tracking expect notifications from larry on market movement You need to act on at any time first time subscribers also get a 30 day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up Subscribe to the fibonacci 24 7 newsletter today tfnn.com educating investors Just click the think or swim banner on the front page of tfnn.com Welcome back folks. We have the s&p's approaching negative by 50 We're jumping to the 10 year right now you're looking at a 10 year negative by 18 ticks at 1 13 25 It's not stopping right now. Those are 15 minute bars pushing those recently taking a look at where we are In terms of the yield right now the 10 year pushing 3 0.6 percent. How about the two year pushing three? 0.99 Right the one month yield 2.51. I mean crazy numbers across the board the 30 year at about 3.6 percent right now Uh pretty surprising stuff man. How about the one year above 4 percent two year almost at 2 at 4 percent itself And then you get the 10 years sitting at about 3.6 percent 3.6 percent the yield on the 10 year right now We jump around to the dollar index real quick dxy Accelerates to 1 10 26 just in the last 15 minutes or so We jump around to some of the commodities as we finish up the program right now You get the gold contract down about five bucks at 16 72. You have silver right now down 21 cents at 19 15 How about natural gas There we go natural gas sitting at about 770 well off the highs of last week at 9 23 I'd be careful in that natural gas market folks. You see what can happen You can get a pullback and man that does not mean the pain is over Uh in this commodity natural gas though off a bit 769 right now It's going to be an interesting day to say the least folks fed meeting tomorrow Uh, we got yield spiking Coming into that fed meeting in a way. We haven't seen a long time man. Take a look at the 30 year Okay, you're down to 4.17 Yeah 4.18 ticks now can't keep up with how quickly this market's moving And you talk about a decisive break folks I talked about it when it happened and it almost seemed like That'd be crazy if that was the case right because it's such a channel And it's such a way to bounce off that channel and trade lower But look at what they did man. You break through a channel line. Okay or trend line Because it's just been straight upwards forever You break through that on the low side you come back up and test it I'm gonna put it on a three-year weekly right now. There's your test man August 1st since then the third year is traded from 146 basically to 129 14 Stay tuned folks basil Chapman's up next with the tiger technicians hour Thanks so much for starting your trading today with me. Stay tuned for basil folks. Have a great Tuesday


Thank you for staying with us. You're still on to the breakfast on plus TV Africa It's time to see what the national dailies are saying this morning in after-press and joining us to review the papers is G.D. Jensen his a chief lecturer at Nigerian Institute of Genalism and is joining us here from Lagos State. Good morning, Mr. Jensen. Thank you for joining us Good morning. It's a pleasure to be with you. Good morning. Thank you for having me. Thank you so much. Good morning All right, let's start with nature news And there's a small headline at the bottom which says federal governments reaffirms commitment to achieving food security I'm sure because we all live in Nigeria. We know what the food prices are saying the inflation has skyrocketed, but they're saying They are committed to achieving that food security and I want to believe it's not just The access to food It's also the pricing as well that people can afford this food and we're talking about but I want to get your thoughts on this one It's easier said than done. If you look at the major of the board immediate line of the nature Nature news you see that in Benwick state government has set up a panel to deal with farmer-eid ask purchase Yeah, I think in one of the in one of the sidebar stories you have farmers farmers protesting in a pair and them so basically How does government want to achieve that policy statement of? Revision the cost of living by dealing with that culture center. I think it's larger than just making policy statement It's about What they see in wolf face about putting the boot on the ground and how do we put the boot on the ground? we ensure that a safety and security of Farmers across the land and bread of Nigeria where is the Where is the agricultural corridor of Nigeria? We look at that cultural corridor of Nigeria not even only limited to their culture called if you interact and interface with people that are Involved in our culture that have been invested in our culture. You tell you the challenges. They are female. They are facing so government needs to ensure that the prior enough problem of farmer-eid ask classes is dealt with the issue of bandits Disturbing farmers from going to yeah, they are their farmlands is Is that is that with the issue of unknown gunmen coming to chase? Traditional farmers away from the ancestral home because we want to have access to to the natural resources in their farmlands should be addressed beyond just making those statement or recent press statements or Granting press conferences and making policy statement on the page of newspaper part those errors are gone We just want action less soft talk Fully grow this economy is where we become Self-sufficient when it when it comes to food security if the nation cannot feed itself That nation cannot develop and that's the basis because if you look at musculoserachia of need in terms of the basic need of man Once you take care of it, and there's a particular scene in my local dialect They are once you take hunger out of it poverty is over what you take on guard of poverty poverty is dead with completely and You said it because of living is very very high. We have Close to about 30 the money we spend on on sustaining ourselves in terms of subsistence level is tied to food water and And government is to be to be serious about this Yeah I'm happy that you even touched on the whole bandit banditry thing because you hear of people going to their farms and Terrorists would just attack them steal their lands tell them they can't farm And then there's even so much more when you talk about the agricultural sector. They need them They need mechanization. They need equipments. So Obviously same they're committed to food achieving food security is one thing But having those things in place having the policies and you know, all of the mechanisms needed is another But I'm going to now go to this. It says federal government seeks verifiable list of farmers in Nigeria Now my question is why is why like what exactly do they want to achieve with this? Are they going to be maybe some form of palliative or support to these farmers if they're trying to verify? So if you are verifying these farmers, what is the need for this and what do they even get in return? It doesn't mean that you know food production is going to be surplus right now and all of the price it would you know, just have a dip I Think in the area food security what government should what the federal government should be much more concerned is providing Security of lives and property and access to the farmland to the farmers. That should be their major concern Every other thing with respect to enumeration of farmers getting the list of the farmers distribution of fertilizers to the farmers Interfacing or interacting with farmers should be done by the local government and the state government Those are somebody cannot be in a budget and want to enumerate the farmers in Dhammatu or enumerate the farmers demand the farmers the farmers in Makodi or Zack Zack Zack again So those those in a through you know, but it's so as far as I'm concerned We have over centralizing a lot of things and you have decentralization because people don't want Others to have access to the front. We should decentralize this process. That's my take and that's why it has not it has not really worked Could someone in the history of a Greek in Abuja Have an understanding or have where ways the resources they are going to even they are going to spend much more resources on Logistics Rather than spend more money in distributing to the farmers in order for them to have as palliative in order to To sustain and and and increase their productivity So sometimes you wonder what I require rocket science for people to understand that it is easier for For for the head to perform his function and for the federal government is the head But whereas we are the head. Let me use the illustration of the human body We are the head is trying to do the function of the ant and the lake It's it's the head will be misplaced. So as far as I'm concerned this particular Responsibility should be left alone for the state government and the local government. That's why you have three tiers of government These are the closest government to the people. So one One ministry of a Greek official cannot be in Abuja and I will tell the stunning, you know How many how many hours it will take them to even get to to the right as where you have where you have some of these Farmers even in some state it might take you six to seven hours to get to some parts of some states To talk of you are coming from Abuja Well, we have what you have in minstrel. That's why you have what you have in minstrel material Affairs and poverty elevation where people took flight to cookie where there's no airport from Abuja Let's let's move to punch newspaper There are small headlines there on the punch newspaper Legos and be a protest Because I truly punch you want to give me a punch Oh That's a good one. Oh, okay. That is a very good one. I want me to take you to the minister of humanitarian affairs There's a headline there. No, let's go. Yeah, so anyway, just just down there We have Legos MBA protesters storm police headquarters over brutality against lawyers I've been taking two protests at the same time Widows of soldiers killed in 1992 plane crash demand compensation That is 22 years after their husbands were killed I don't know if they are legal frameworks that need to be surmounted before these people can be looked at and given if they need to be given compensation or something Because these people were not going on a private visit when this thing happened and till now 22 years later They are only protesting before the government can see them This is the fact it's in fact 32 years younger is 32 years. Sorry, 32 years. Sorry 32 years down the line They've not had access to any kind of compensation from the government and you wonder where the level of Autotism of others that come after them would be and we begin to question the patriotism of Nigerian armed forces and then you are you will have seen people In this in in the various welfare bodies of of the army of the Navy of the Air Force We're fleecing from what has been required for these people and to take care of them is unfortunately that To serve our fatherland and it becomes becomes Becomes becomes worrisome when we begin to see what you are seeing on the pages of newspaper The years and years and years and years decades after the kids each other is born After that that incident is already 31 years old today and it's unfortunate And that that one what what the family has gone to the lost their loved ones and yet the nation is not able to take care of them It's it's rather unfortunate. We hope those that are in authority now We we are seed to to to their request and they will meet up With your needs because it's important for those that have service country to be properly appreciated They don't even need to protect to get all of this tinder If you go if you do it through investigation You might be chalked that some of the resources might resources might have been allocated to this over and over time And these resources might have gone into private pocket It's unfortunate but I think that government needs to act promptly and this particular issue needs to be dealt with appropriately with respect to the protest by lawyers and over the brutalization of lawyers by by by by police it's it's that's another Unfortunate thing. I read this story. This is particular one with the lawyer That went to to bail his client was was detained brutalized by the police And what really happened was that police commissioner said well he has recalled the TPU and he has changed the TPU of that particular Police station. He should not be only record issue be prosecuted That's the fact that your law enforcement officer does not give you the right to break the law if you engage in in battery if you engage if you engage in assault just by the fact that you are You are you are a security person and you will be prosecuted because the basis of the law is nobody's above What is actually above the law and I think that that's why those that have advocated before some reforms Judicial reforms a police community relation reforms. It is very very important That's on the part of those that aren't we need a holistic approach. How often do we send police to training? That's another question you ask how often do they go to training to have an interface on how to relate to people To have an interface on how to relate with lawyers to have an interface on how to even relate with With with with with that with people that have been allegedly accused for one crime or the other So it's important. It's important for us to to do constant training and retraining remodeling and remodeling of People in security in security agencies. You saw you saw the Salivarian behavior of some of some military officers with respect to insulting the governor the governor of Lagos state over Over the arrest of of of one of one of them and them That's that's some people just felt that they are above the law Not only those that are in police even people that you have elected into public into public offices They believe that they are untouchable and they can take the lunch into the hand But the way to deal with that is you have an equal justice system Not a two-tier or three-tier justice system the justice system that each everybody call it if you put on the uniform And you break the law you face the consequences of your action simple Well, I agree more you have to face the consequences of your action. Okay, let's move over to the Guardian and There's a small headline at the bottom Well middle he says danglety refinery to reach full capacity in June as crude demand up by two million barrels per day Now we know that a fresh a fresh crude a fresh supply of crude was Supply to danglety up to about one million barrel And right now we're seeing the demand go up by two million barrel per day What is your take on this and the impact that we could purpose possibly see with this? well, um with respect to the refinery and Danglety refinery. I have my fingers crossed you can see my finger is crossed on that particular on that particular matter I'm neither here nor there until we begin to see the actual production Otherwise most of the things we have seen are just promises and they are just PR being done Let's see what impact it will have But like he said sit down and look and let me approve Let me adopt the sit down and look and see what because if you do if you track the number of stories that have come With respect to and danglety refinery when it you start operation when it will do this when it will do that You wonder I see and that has actually taken it its effect Let's we don't see what I do even affect the pump prices of petroleum products We are just on the on the on the 13th and on the 12th of of of January I know I might have spent in buying for Even I just are not even talking about that particular hardship It's an untold hardship when you look at what you spend on on on energy energy to power your home Energy to power your business and energy to power yourself to your viewers to your various places of work So let's wait and see and see the impact of the danglety refiner fingers across and that out of all this Publicity stunt and all this PR that have been done for for in order to take away our attention From the real challenges that people are facing Even when you are even buying the formula 620 you stick you you stick you you stick you too You know that's it's it's it's it's it's true Good early a pin your money you are paying money for those services And these services are really blue and they are gonna send in it as exorbitant prices that they still want to Do itself nine months ago that is the price you are going to be see that's not possible People will do these people to die Yet you are paying those prices and then you still kill you kill for 30 10 2030 three minutes before you can have access to it and they'll be selling from one from from from one or two of their of their dispensing dispensing dispensing machine and you wonder are all of that dispensing machine not working and you also wonder are there no regulatory body regulating this it's a free fall it's unfortunate but let's wait and see with with the issue of this petroleum sector and dangote story address of with my fingers across like I said let's let's see more of it is more pure than the reality of what we are facing on the ground that's the impact if you have yeah okay I think there's been a lot of story about this old dangote thing so I can agree with you on that I think one thing we're looking at is the accessibility to this product accessibility is one thing that most times you're driving past you know the expressway you're seeing a lot of failing stations being closed some of them some of them are not working and like you said some of them maybe just two dispensers are working but what is the impact that you would want to see on this and the reality of it is very simple you see our energy powers the economy that's the reality energy powers the economy and if you wouldn't have access to energy how do you power the economy the is energy that look if you walk in the farm lands your tractor that you are going to use um to to the the the various machinery you are going to use are going to be powered by either by either PMS or diesel even for those that are involved in in in subsistence farming and majority of them even in traditional families majority of our farmers are traditional farmers they still use the old implement but if you go to the rural area how do they get to their farms they go to their farms by driving by driving motorcycles to so if they drive they drive motorcycles to their farm and they are isn't going to use PMS to drive their motorcycle to their farm so if we don't get the energy sector there's no way this economy can go it's it's the basic truth when people talk about the glorious part that we are in the 60s in the 70s in the 50s you know energy the energy sector was functional the power sector was functional and then because once you you can produce your agricultural produce you produce raw materials that your industrial your manufacturing sector can use your manufacturing sector will produce goods goods that will be used by your citizen and the the surplus will be exported and then you earn foreign exchange and you grow the economy the industry the manufacturing sector are crying because they do they can't even afford they can't even be the overhead cost for running their business very very high because they don't they can't even afford one there's no power there's no electricity from the generating or transmission or distribution company to the alternative energy source they have which is diesel and petrol they are exorbitant they are even as exorbitant as they are they are not easily as successful and then how do you grow the economy and somebody one official of government will come around and we'll say in six months we'll turn around this economy in seven months we'll turn around this economy in nine months we'll turn around this economy or we'll come and say oh this government is working we already tried it just the idea should just give us time look no matter how you travel on the wrong track you will not get your destination the best thing for you to do is to turn backward and go back to where you are coming from that's making progress progress sometimes is not going forward progress sometimes may mean just staying in one spot or progress sometimes might just be you turning back and going back to the basics again as far as i'm concerned the route we are going through we will not get to a dorado because until i've said it over time the first major transformation transformational change that was done by god according to the first documented evidence of creation was light yes it was power and god said let there be light and if you don't go back that's the law first mentioned if you don't go back to that this economy cannot grow if government does not see it as a matter of power that we have to make serious investment in the energy sector this economy will not grow we don't complain to the government well things are really difficult the headline here the major headline which is the big story on page four and five of the guardian says renewed hope agenda after honeymoon tales of war frustration trail tinnitus policies a case study is also a small headline down there saying female banker commits suicide in a koradoo blames economic hardship so we're just let's get your assessment since you're not showing card to wait for one year let's get your assessment of the tinnitus policies so far what you think about them and this is on the guardian the guardian newspaper not the punch now you know um conception and delivery of babies is nine month and i've said that we wait after nine months to begin to evaluate this is this is the eighth month of this particular administration by time we get favorite to be nine months and we begin to see and from all indications you go see that the even point of administration is the devil with a lot of corruption scandal just a small focus on on humanitarian a minister of humanitarian poverty and vision they do you know through the satellite of other sector other sectors you will have seen we don't know what what is really what is really going on because nothing has really changed in government what has really changed is the personnel of government is still the same party in power for the past eight getting to nine years that are still being power what has changed is the leadership at the top and some of the leadership at the top is the same personnel they are still using so it's the same template is still the same program is still the same the same mindset and i've said it over time what the president and his team needs to do and to understand is very simple one Nigeria is not legal state the template that was used to run Lagos cannot be used to run Nigeria Nigeria is a complex complex is in fact a multiethnic more complex than Lagos even though we see Lagos as a meaning is a meaning Nigeria the dynamics of Nigeria is much more than that of that of Lagos and so the ideas that were used in 1999 to 2007 in Lagos cannot work in Nigeria in fact in natural sense for you you know it's exactly as I said for you to do the same to the same manner and expect to get the different result is the beginning of his sanity even once you think that the template of 1999 to 2007 Lagos will work in Nigeria in 2023 moving forward the president is wasting his time that's one then two the president needs to understand because if you look at I've asked this question I um I'm a critical stakeholder it's my country it's my country look at those that have been given responsibility and I want to do a brief analysis of them what did the president do after I left government what did the president do after I left office in Nigeria in 2007 he didn't want to he didn't want to additional school he did took any program on leadership what as they did to other than getting too much more involved in politics what is what types of level of training or retraining or exposure um a question of new skills and new ideas that the president acquired after after I left office in 2007 other than politically that's that's that's on the president okay you talk about the minister of what the coordinating minister for economy and the rest of it now you ask yourself after I left as the commissioner of finance in 2007 serving with the president what has he did to so for me I think that the need there's an indeed there's the need for injection of fresh people new people younger people would fresh ideas for for me am I be wrong that's my own interpretation and I'm entitled to it the template they are using is the template you've used in Lagos in the past and there's a saying in Maluku Dalai it is the hunting dog of today that knows how to go about the hunting expedition of today not the hunting dog of the past so I think that they need to sit down and understand that that's the second one the third aspect that is very the the need to understand that woman elections have ended now it's time for governors you don't need a knee jack approach even to take us two three months to plan a policy before we begin to publicize the policy and implement proceed they need to put that in perspective and understand that elections have ended you don't run public administration by propaganda a lot of things they want to be in the good side of of of people they want to manage public perception and public opinion so they keep releasing statements different types of statement policy statement that you think that don't keep with bring the people on their side no you see for you to solve a talk for you to solve a problem tough situation require top people and top people request in in in in solving top problem you don't talk and talk and talk you keep quiet silence is is a critical factor in in a dark street so that you can have access to having to getting feedback from everybody that you need to get feedback from and also to to have the needed concentration in dealing with the particular problem but I think that this government is too quick to respond to issue to respond to public opinion rather than focusing on what they want to do and in this particular thing they need they need they just need focus clear court focus and clear court silence in in quietness there is strength in quietness but not in releasing statement making public statement left right and center thinking that we are still in electionary cap for getting that electionary cabinets ended we are now in public governance and a serious business of government all right let's just take this last one from the daily independent and it says eight hundred million dollars blocked funds we may stop operating into Nigeria foreign airlines one and they say the 61 million dollars 61 million dollar payment is a drop in the ocean and that is from the daily independent what do you think about this the foreign airlines are threatening to leave Nigeria we've seen people we've seen other companies leave the manufacturing sector we're seeing them leave Nigeria our precedent is moving around looking for foreign investors but the ones that we have here we're not even able to you know cater for them and ensure that you have a sustainable environment to thrive so what do you think about this foreign airlines because they're being owed about eight hundred million dollars and what they've paid is just about 61 which is quite minute compared to to the tune of eight hundred million dollars so what is your take on this in this one we have an obligation we have an obligation to fill all terms of credit if you want people to have confidence in investing in your country what are the different approaches with investment because i believe charges start at home or the money they are going they should pay back the money but if they want to go how do money they should go and it will give opportunities to local investors to invest and our local operating airlines we going to die out and probably we grow we grow our our aviation sector from the local point of view but the money they are going they should go around and i see no reason why Nigeria could unplug it into whatever services these people are providing in Nigeria's even prefer flying foreign airlines than than than local airlines and instead of government and calling local airlines to just imagine this amount of money being owed to local investors now this is the paration of funds this fund is leaving Nigeria to put to other country that's perspective i'm nationalistic i've had a more transnationalistic when it comes to the issue of my nation you can't blame me for that that's the highest level of patriotism Nigeria is the best country Nigeria should have the best of everything that's that's my thinking Nigerian first so if they want to go they can go i don't mind about that but pay them their money but provide opportunities for local investors local investors in the aviation sector whatever give wages you are giving these foreign operators if it is not lucrative they won't come here they must they must have been something which they are seeing so why can't our local operators i don't want to mention their name because they didn't pay any advisory so why can't we give such opportunities to our local operators to to invest in this sector give them give them relief packages give them palliatives give them some versions so that they can tap into it and this is 800 million dollars would be would be retained in Nigeria would not be repatriated to foreign countries that's my take i'm sorry if it offends some people but that's that's that's my thinking and the president going abroad looking for foreign investors the best investors to grow your economy are Nigerians because when they invest in this economy the money will stay in Nigeria it will stabilize your it will stabilize your naira once you have stability for naira the exchange rate of naira and very good to other currency we grow that's the best way nobody can help you to go to your economy look of us and just travel that broad you don't have to travel uh uh uh you have to travel um body traveled uh didn't give traveling i didn't have to travel then they have to concentrate on their on the job at home and encourage local investors there are so many people they encourage local investors all the money they are using for the travel let them invest that money the president said for the next one year i'm not traveling abroad i want to deal with Nigerians are you a businessman are you an entrepreneur are you interested in investment whatever regulatory measures that are put in place to stop you from from operating we are going to let me take advice and get input from you people what can we do to throw this economy around to make Nigeria to invest in Nigeria believe in Nigeria and meet Nigeria first all right that's why we have to wrap it up on this segment thank you so much for joining us and reviewing the people the pleasure to be with you thank you all right thank you so much we've been sticking to G.D Jensen who's a chief lecturer at Nigerian Institute of Journalism and he was joining us here in legal state we'll go on a quick break and when we return we'll be talking about mapping your success in 2024 please stay with us


Six signs to see if you are secretly lonely. Number one, you spend your days alone doing activities alone, eating alone, just scrolling through your phone mindlessly. The boredom you feel could actually mean you're feeling lonely. Number two, how do you feel when you see all those pictures on social media? People having fun. Does it make you feel a tiny bit jealous? If you're feeling lonely and left out, it's normal that you wish you could spend time with others rather than being alone. Number three, if a nice stream of hot water brings you comfort that you can't find outside, it could be a sign of loneliness. The lonelier a person is, the more showers and baths they take. Number four, loneliness is not just about not having any friends. It's about not having a close friend. It's also important to have someone to turn to who can help you when you're feeling down. Number five, if you're lonely, you're left with all your thoughts and ideas and emotions, but there's no one to listen. So when you finally find someone to have a conversation with, you have so much to say. And number six, if you are lonely, you may find yourself compulsively buying or hoarding items you don't really need that can become a substitute.


Third Special Forces Group Airborne remains the warhorse of the Special Forces Regiment. Forged in fire, this group is capable of any task the nation requires of it. Emerging from an era of fire bases and fobs and into an era defined by vigilance, preparation, patience, and tenacity. This will require the constant development of cutting edge learning and technology as well as techniques, tactics, and procedural development and integration based on the needs of the force and the evolving threats to our country. We train and develop soft operators, enablers, and support personnel who will serve in a diverse operational environment, conducting a broad range of operations in the most challenging environments. Third Group provides a scalable and self-sustaining Special Operations capability, operating by, with, and through partnered forces to address our nation's most complex problems. Third Group is always training to answer the call of our nation. At any time, when ordered by CENTCOM and AFRICOM, soldiers located in Afghanistan, Iraq, Syria, and countries in Africa conduct a multitude of missions. Third Group is the nation's force of choice for building partner capacity, employing irregular indigenous forces, conducting sensitive activities, and crisis response in the CENTCOM and AFRICOM AOR. These complex and long-term efforts help spread security and stability throughout the countries and partner forces we work with. The group's headquarters, located at Fort Bragg, North Carolina, have served several combat tours in support of the global war on terrorism, as the nucleus of Combined Joint Special Operations Task Force Afghanistan. As combat operations in Iraq commenced, Third Group was called upon to provide critical support with a Special Forces battalion for three years and a Special Forces troop for almost all of Operation Iraqi Freedom and Operation New Dawn. Third Special Forces Group's contributions and commitment to freeing the oppressed are as strong as the Green Berets who built its reputation. Developed on the continent of Africa, our resourcefulness and ability to operate in austere environments with little guidance made Third Group soldiers effective when the wars in Afghanistan and Iraq began. The last 16 years of war have provided Third Special Forces Group with a wealth of experience across the full spectrum of special operations, experience we are ready to share with our African partners. Our ultimate goal is to help Africans solve African issues. It's truly an honor to be a part of this effort. As the most combat deployed group in the Special Forces Regiment, Third Special Forces Group Airborne is proven, ready, and confident.