Okay, very good morning Thursday 11th of July. I hope everyone is is doing well a quick overview What we're gonna cover in the session this morning gonna have a look obviously in the aftermath of drone power the Fed minutes What exactly happened and how did the charts look this morning and a couple of thoughts and insights into that matter And what the Fed are gonna do in the future We're also gonna have a look at well a number of different things actually related to oil from further tensions Brewing in the in the Gulf with Iran specifically, but also a developing weather pattern Happening with an anticipated storm to hit the Gulf of Mexico. I believe there was quite a few headlines And I was off the desk yesterday, but a few things I can update you on on that matter And WTI crude is seen a little higher as well this morning about 40 cents Then we can have a look at the the calendar ahead. Remember what I was saying yesterday ahead of power speaking It's not just your own power. It's not just the minutes. It's also US CPI So another critical kind of component that the central bankers at the Federal Reserve will be looking at in order to make The best possible decision going forward But importantly for us giving hopefully more clarity about the aggressiveness or not of future rate cuts So quick overview of the charts this morning very much kind of the dust settling after what was a particularly Busy day yesterday in a dovish sense. So the dollar depreciating as to yields moving lower And consequently equities higher on the basis of the fact that the Fed are going to continue to lend support to the global economy One of the big comments I thought jumped out initially not only about the deterioration that power explicitly said to the House Financial Services Committee about the global economy Kind of softening but weak inflation They said would be more persistent than they currently anticipated and that's kind of being the one sticking point where you remember a few months ago the Fed were quite Quite persistent in this idea of transient Conditions for inflation and that actually any weakness was only going to be temporary in nature But now this is kind of an admission if you like of the fact that weak inflation is more persistent than they originally thought and as such you know triggering, you know that very Violent move at the time equities moving higher gold popping Tea notes to the upside. So kind of a classic monetary policy play in the response to further support from the central bank. So in this case a Non-classical economic move By this what I mean is stocks and bonds rallying at the same time on the back of this headline So on that point, let's kick things off and discuss a few things As to where we go from here So this is the kind of headlines you're reading this morning during power flagging rate cut Global chill outweighs good US news So the good news obviously is in reference to the jobs report the non-farm payrolls that we had at the end of last week Which on the headline figure certainly exceeded expectations by a large degree, but on the balance And trade is just one of the growing risks to the world economies and the ongoing trade war But also the softness in other elements of the US economy and inflation being one of those as we just mentioned The other thing though was that we had the Fed minutes last night Now the Fed minutes show many saw a stronger rate cut case And if I jump to this screen here, I know it's a bit small So let me give you the the overview This was some of the main points that came out of the minutes last night Uncertainties risks regarding global outlook. So trade war being mentioned a decline in business confidence The spread between the 10-year and three months treasury yields have turned negative the continued shortfall in inflation Risks a softening of inflation expectations Down revisions of estimates for the long-run normal rate of unemployment So there's there's plenty of ammunition here to support the argument that given the current state of play the central bank should Be easing at this point. I don't think that was really debatable I really don't think that there was any chance that July was going to be taken off the table Given the market pricing of a hundred percent that that was going to occur That would be a radical miscalculation or miscommunication on the Fed's behalf So they're kind of going as you'd expect at that point, but this was quite interesting and this was something that Eddie who Works to amplify he was he was messaging me at 11 p.m. on a Wednesday night I think Eddie you should get a social life Rather than messaging me on what's that about research reports on the AI Model of Nordia Bank research team and What this is so let me just give you a quick summary here. So basically what Nordia have is a Algorithm that basically reads the words of every Fed minutes And it basically assigns it kind of like a scoring system But it reads all of the words and it generates a kind of composite scoring And it's read all of the Fed minutes going back historically for decades And what happened was That using this technology that signal in Nordia's Algorithm has punched out that the minutes have taken a big enough material shift that it's giving the most dovish sentiment scoring since The financial crisis basically so you can see here you had the dot-com bubble and When this this Fed sentiment scoring hit its overall all-time low here on this graphic The financial crisis got very close to that and the shift that we've seen For a month to month to the last minutes from the mid-June ones we saw last night apparently now are indicating the most Dovish sentiment that they've seen since the financial crisis opening up, of course a lot of debate of Is 50 basis points still on the table for the Fed and I guess the best thing to look at would be well What is the markets? Expecting let the federal funds futures tell you that rather than guess and them and the the calculated Probability of a 50 basis point rate cut remember before Powell spoke yesterday The 50 basis point was kind of seeing some slight fluctuations, but more broadly speaking was basically 23% it's now 31% so there is now a certainly a real prospect Potentially 50 still being on the table. I must admit that myself Again, I'm gonna sound quite central banking, but dependent on incoming data and information Unless something changes. I don't think that they would do that my base case Thinking here is that very different from this period here and this period here Is that interest rates were well over double digits in this period and interest rates prior to the financial crisis? Were north of 5% interest rates now or at 2 and a half so for me I don't think the Fed will want to To utilize that much ammunition so much up front in advance of time I do get the point that maybe they want to send a signal But I think even that signal is difficult to manage because if you go 50 I think the market almost it's a counterintuitive reaction by the market panics and all of a sudden now You're chasing your tail having to deliver more and more easing because the market think well if the Fed are panicking What are they panicking about there must be something bad looming on the horizon? So personally, I think no no 50 for end of July not unless there's a Massive miss in the inflation number later on today And unless there's another big episode of fallout in the trade war situation between now and July 31st That's how I see things for the moment. Obviously subject to change So again, that's kind of a summary of where we're at on the Fed side So As as per the Asia Pacific session very much taking on the baton from where we finished on wall street And this morning, I think we're kind of holding on to some of that move But really it's interested to see now, you know, where do we go from from here now that we've gone and pushed back up to near record levels in In us indices, you know, is this enough to really push on again? Or are we still going to see that kind of fade from that initial that initial push up now? We know the latest status from the Fed Okay, other things I want to discuss As I said, Sam as usual will look over the charts in more detail. So I'm just covering the news But this is one of the big headlines that a lot of the media or financial press are covering this morning Um, British navy was forced to intervene to stop Iran blocking a commercial oil tanker This is from BP on its way through the Persian Gulf in an escalation of tensions between the two countries. So there was a Cargo vessel carrying as much as one million barrels of oil. Apparently it was being followed by um, a military ship of the united kingdom, which then had to kind of put out Threats to say to these Iranian vessels to back off But the whole point here is that although nothing actually physically So much happened It's just increasing risks in the straits of hummus, which we know is such a strategically important choke point For the seaborne going traffic of oil and so, yeah This is just another Sign that tensions around Iran definitely have not gone away. Remember about a week ago I was talking about how people were so g20 focused so fed focused Iran have kind of dropped off the map As far as the hierarchy of news and the press coverage, however, this is right back in investors minds right now So definitely we're keeping an iron oil going forward on the back of this interestingly But I would say unsurprisingly Iran's president Rahani has said the uk will face consequences for seizing the iranian tanker Describing operation is very cheap wrong and a mistake. This is very I guess classic rhetoric from the Iranian state Given how they would normally as well Comment on the us and they have done in some of the recent episodes of those vessel attacks and drone Being shot down as well. So again still being fairly inflammatory though with these comments So a situation worth keeping an eye on and just to boot If you think about all the major players in this issue Trump Of course threatens new iran sanctions over the nuclear program Warning comes as us draws fire over world powers on their tyrant strategy. So yeah, definitely a hotbed of Potential issues that could quite rapidly flare up and cause a very meaningful and sharp reaction in oil So I would definitely be keeping an ear out on the on the score because we go through the day Not only that remember yesterday. You had a drawdown of what 9.4 9 9 million In the supply situation the regular DOE infantry. So you've got a drawdown. You've got tensions rising in the middle east and now We are in hurricane season. So hurricane season In the states typically kicks off in june But this is really the first one of any magnitude that we've seen develop in this year's season And so one thing to refresh your memories. That's very useful to use as a tracker for weather conditions This is the national hurricane center the nhc And what you can do on here is basically it picks up weather formations across basically What we're most concerned with here the Atlantic You can look at other things like central pacific and east northern pacific But if you look at the Atlantic, you can see here There's a potential tropical cyclone 2 that's been forming Now what the national hurricane center will be doing is using quite advanced and sophisticated satellite technology to pick up weather systems in their most Kind of infant state if you like weather patterns precipitation that could then potentially in future turn into a tropical Storm cyclone and then a hurricane going up the kind of the the ladder Now looking at a few other things if you actually click on these individual These x's where the where the pattern is. So this is why it's such a A meaningful weather system for crude traders because of the proximity of the the gulf of mexico Well, then here this is the The overview of what we're looking at A tropical depression expected to form on thursday Over the northern gulf of mexico and here's a nice breakdown of what we're looking for It gives you anticipated likely times of arrival But to make that much more visually or aesthetically pleasing Here's a much more clear map Where you can see the exact distinct time Forecast of when we're expecting landfall But remember with weather systems when it comes to trading commodity products Um, particularly this what we've seen with hurricane harvey hurricane urma Uh, this is very much a six Can be up to a six to ten day ahead weather looking procedure that these energy traders will Will do which is trying to pick things up and they will trade Basically well ahead of time based on the mapping of the forecast on the direction of the weather pattern So you can see here This is the gulf of mexico and this is the coastline which encompasses all of the major facilities That contribute to a large proportion of output out of this region To give you an idea the u.s. Department of interior bureau of safety and environmental enforcement said yesterday The gulf of mexico drillers have basically shut 32 of oil production and 18 of natural gas output here ahead of the storm So again As we map this whether the weather system intensifies the more ramification that could have Or could it change direction and not actually hit kind of right through the middle of louisiana Which is really the the sweet spot of the activity of oil and gas production within this region If it tails off and goes somewhere else, well that can have a A pricing out effect of the impact it can have So point being you need to be now mindful of this particular system going forward if you're trading crude oil All right, quick look at the the canada for today And then i'll hand you over to sam on the on the charts So as of this morning You've had a couple of european cpi numbers, but these are final prints. So they're not having any type of meaningful impact on price Going through the morning bank of england financial stability report 1030 That's not a market mover. That's more of just an update on proceedings so to speak So i wouldn't be looking for any trade on the pound on the back of that the one thing that could be more interesting though Is the ecb minutes Just given the general status quo of much of central banking at the moment erring on the side of caution And inevitably then leading to becoming increasingly dovish. I think the ecb minutes could be particularly interesting So do keep an eye out for that at 12 30 then fed pal this time delivers his semi annual testimony to the senate But this is nearly always A copy-paste repeat of what he said to the house yesterday I would be expecting that to be very much the same case And so i wouldn't be looking for any type of similar type of reactions what we had yesterday But it does have a q&a session with the politicians this time of the senate However, I would not again look for too much as i remember From yesterday much of what the politicians were really asking pal about it was about the new cryptocurrency That facebook has and his thoughts on that so really not important for the assets traditional assets that we're trading The biggest probably event is going to be uscpi So uscpi today expected at 1.6 percent. So a Decline from 1.8 previously says definitely This is the reasons why the fed are seeing weaker flation more persistent You know the weaker this number is today We've got a range of 1.5 if it comes in us inflation down at 1.4 1.3 Then that's only going to further fuel the type of moves that we saw yesterday And will increase the prospect that that 50 basis point option will probably start rising from 31 up to 35 up to 40 percent Which definitely makes things, you know, definitely more difficult for the fed Do we have to hear them communicate further to clarify whether that is truly an option? Because the fed will be going into their blackout period in the coming days that period of seven days before a fed announcement when they cannot speak Otherwise you got jobless claims But again non-event in comparison to the fact that it comes the same time is uscpi and that really is the The main ticket for today all right One final point Aside from pal you do have feds williams at 4 p.m feds barker at 5 30 feds boss stick at six williams again at 6 30 You know a lot of this is As I pointed out before pal spoke yesterday the kind of protection policy that the fed has In order for realigning market expectations, but I think overall Don't think there's much of a necessity to really move the needle too much from what pal said So although worth monitoring Again, I would expect them to largely reiterate what their general Consensus or communication was from pal yesterday Okay, guys That is it from my side. Let me hand you over to sam and I wish you a good day ahead and for some of you Who I'll be seeing later at the the traders event. I'm speaking out in london I look forward to seeing you this evening. I hope you have a good a good night Take it Hi guys. Good morning. I hope we're all doing well. We'll have a quick look over the the currency markets to see in the the DAX Come back towards its pivot the key level just before we do go currencies You would say it's just above that pivot the previous low of the morning Which broke through on the open 22 minutes ago. So that'll be the key Key area to keep an eye on there on the DAX just above the pivot And how that holds or doesn't I will obviously be key for where this market goes and that's just coming through Now I'm just testing that area. So keep a close watch on that just by finding a bit of resistance We'll come back to that shortly as of course that's testing as we speak euro yesterday decent push to the upside as Did most dollar pairs and just having a look at where we're trading now quite key just from a Previous range there that we were in going back to the beginning of the month and you can see quite a few of the lows Coming to this area just above the the high of the day today Where was the high of the day pretty much the low of the morning of the fourth as a zone goes pretty key Especially you know going back to that area from the second and Obviously third fourth and then the breakdown as well quite a key zone and and very much the same for most dollar pairs and Just before the breakdown that we had on Friday And so Thursday Wednesday Tuesday Lows for example are all just being tested now the Previous low that we had of this week Obviously marked up quite nicely with the the 18th and and since then we've just drifted back higher. How long this will last Time we'll have to tell every time we think the or you may think I should say that the euro is going to push higher it Evidently doesn't and comes back down After a sharp breakthrough looking more intraday here At the euro obviously got yesterday's high which for a couple of the pairs is acted as Then support for potential push higher. So that's One to keep keep an eye on not just in this but I know the Aussie dollar is currently on its On its previous high as well Just having a look you can see a couple of trend lines coming in from those previous lows Quite where respected it would be one of those cases where if you're long and You know using the previous higher today, and yes, there's that area you'd be happy to hold that as long as it stays above that trend line That would be would be my advice going forward If we were to to break down there Obviously you've got the the lows of the day and then around the pivot looks quite key As well that price could drift down to above the the higher day above the r1 Obviously all of those lows back from the beginning of the month would be somewhere you'd want to keep at night Just going to the Aussie as mentioned that is on the or just tested the previous high of yesterday You can see there with a couple of ticks above. So nice area of support for the Aussie There which has held well and then if we just put that on that longer time frame you can see Quite a bit of resistance would be found around that r1 the breakdown before we'd push lower on The h on on monday as well So r1 pretty key keeping a close watch on that should this higher the day from yesterday actually hold If we were to to get a break lower In that again similar in that around the pivot looks quite key and then of course you have all of these previous highs from Tuesday and wednesday morning But they would obviously it would take a big move for us to to get to That area really having to look over at the pound A bit of a relief yes save for any pound traders Any pound balls they say obviously helped of course purely by the the dollar weakness and that's come back up to an area now similar to The euro in in testing some quite key resistance just above where the highs are of the days You've got the the high there of the eighth and it was also the low the pre non-farm payroll Low on the 11th on friday So that would be certainly somewhere i'd have marked up as a key area resistance above that And certainly on the hourly time frame there could be a bit more room to go Up towards 126 to the downside similar sort of trend lines you can see for that euro We really squeezed in overnight Where's that trend line gone there you go and you can see a decent push ahead of that And similar to the Aussie and similar to the euro very correlated this morning yesterday's high Is acting as that support so definitely one to keep an eye on from a correlation point of view Any retest of these trend lines from the pennant Would be worth keeping an eye on and similar obviously if we were to come lower the pivot remains pretty key Having a look at the yen Didn't hasn't made it to yesterday's high So quite a decent push higher here for for the yen and while we still have similar To the other currency pairs and we're just hitting resistance from previous days levels of supports We are just perhaps just drifting lower a touch Now and i'll be keeping an eye on All the previous highs so the higher the eighth around the r1 good price action around this point Just from a level to to be aware of That i'd have marked up on the chart however just Keep an eye on what happens around here Just in case we were or we are i should say to to get a sort of third test of this trend line And if that was to hold Then obviously could hold the key as your your sort of line in the sand and may change your mind wherever you want to go Long r1 or not at all having to look over then to well have a quick look back at the the dax to see what happened there So you can see that that resistance level holding firm on that first retest So we had good support one two three breakdown and the first retest offering That resistance point having looking over now at the s&p the all-time high traded Yes, they little pop through we had another go this morning at trying to get there not quite Having it for now just having a Update of those levels so just above the high of the day obviously you would want to be careful of going long Because of how close yesterday's high is just come back down to test this trend line here in the In the s&p one two three fourth test here So quite a key trend line to have to have marked up a break of that could see further run down Of course you've got three thousand there on the futures just below which is also a high from this morning But it wouldn't be too surprising If especially the dax was to to continue lower not saying that it will because obviously this trend line is Good enough in its own where the dax was to maybe lead the way a further break down towards the pivot Which obviously looks quite a key zone of support just going back from yesterday and even previous days Around there as well. So quite a quite a key level. I've been monitoring should we push lower I think for the s&p in terms of going long if we can get anywhere around the pivot that would be Obviously a good opportunity For that but for now that trend line acting pretty well And then as that you can see similar In that we have just trended higher and a decent Pull back just from pushing lower Initially quick look at golden oil to to wrap things up Gold another push higher yesterday from the the dollar weakness as you would expect We did just drift down a bit but we found support On an area where overnight we did so as well to the upside If that's what you're you're favoring here We know what gold is like when it can break these trend lines Can we get a third test of this one and a breaker that would lead to a decent push to the upside for the downside I'd only really feel comfortable In going short should we break out This neckline if you long yesterday's high this morning's low Almost tested it again there. So I would say short below there long above there for now would be an opportunity that I'd be prioritizing For that oil Hang on was I just looking yeah oil. I'm going to say they look very similar this morning But oil pushing above that 60 dollars helped fire a decent push Above that monthly or last end of month last month's high And you know what was not too long ago looking down near 50 dollars. What a push higher It has been in terms of a key level We have just broken above it. This is you know massive In terms of the sentiment especially if we finish the week back above what was the the high that we had from The back end of last month beginning of this one was the lower the third of what looks like may So above there and yeah, well it can continue to push up from a technical point of view Intraday where's a good point to to get long where you'd still consider 60 28 as an area for sure And if it got down below towards the pivot, you might not fancy as much just because The importance of this level so to be back below it. You may be put off Slightly so I'd say that's your your line in the sand 60 28 for now Anyway, just having to look to see if there is anything else I'd be interested in Not right now. I would say for oil just having to look at that As usual any questions, please do let us know We'll actually be in the chat throughout the day and some Decent speakers into the back end of the afternoon and obviously some important data In and around 130 at the US of those inflation numbers Should be a good afternoon. If not a relatively quiet morning But as usual any questions, please do let us know and I hope you'll have a great trading day


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The results of a detailed paleomagnetic study of five Permian Triassic sections of the Russian platform revealed a far-side effect whereby the paleomagnetic poles were shifted away from the expected position of the mean Permian Triassic paleomagnetic pole of the East European platform. This suggests that the East European platform may have been tilted during the Permian Triassic boundary or that there was a significant contribution of non-dipole components to the main geomagnetic field around 250 million years ago. Additionally, the study provides evidence for the tectonic rigidity of Eurasia, which could help explain the key features of the geomagnetic field at the Paleozoic-Mesozoic boundary. This article was authored by A.M. Fetisova, R. V. Veselowski, and M. P. Arafeev.


Well, I want to spend some time looking at Isaiah 53 with you. Allow me to begin reading at verse 1, and I'll read the entire chapter, it's 12 verses, and we'll get into our study. Isaiah 53, the question is being asked, who has believed? I'll report. And to whom has the arm of the Lord been revealed? For he shall grow up before him as a tender plant and as a root out of dry ground. He has no form or comeliness, and when we see him there's no beauty that we should desire him. He is despised and rejected by men a man of sorrows and acquainted with grief, and we hid as it were our faces from him. He was despised and we did not esteem him. Surely he has borne our griefs and carried our sorrows, yet we esteemed him stricken, smitten by God and afflicted. But he was wounded for our transgressions. He was bruised for our iniquities. The chastisement for our peace was upon him, and by his stripes were healed.  We have turned everyone to his own way, and the Lord has laid on him the iniquity of us all. He was oppressed and he was afflicted, yet he opened not his mouth. He was led as a lamb to the slaughter, and as a sheep before his shearers is silent, so he opened not his mouth. He was taken from prison and from judgment, and who will declare his generation? For he was cut off from the land of the living for the transgression of my people, he was stricken. And they made his grave with the wicked, but with the rich at his death. Because he had done no violence, nor was any deceit in his mouth, yet it pleased the Lord to bruise him. He has put him to grief. When you make his soul an offering for his sin, he shall see his seed. He shall prolong his days, and the pleasure of the Lord shall prosper in his hand. He shall see the travail of his soul and be satisfied by his knowledge. My righteous servant shall justify many, for he shall bear their iniquities. Therefore I will divide him a portion with the great. He shall divide the spoil with the strong, because he poured out his soul into death, and he was numbered with the transgressors. He bore the sin of many, and made intercession for the transgressors. Isaiah 53 for centuries was regarded by Jewish rabbis as referring to the coming Messiah. It was only after Jesus' life, death, and resurrection that Isaiah 53 took on a different meaning to the Jewish rabbis. They began to teach that either Isaiah 53 was speaking of the nation of Israel, or some would teach that this was simply a portion of Scripture referring to some unknown person. But this is a passage that is very famous for referring to Messiah. This is speaking concerning the one who was to come, because obviously it was written several hundred years before Christ. But we know that this passage, this portion of Scripture was fulfilled literally in Jesus Christ. It's interesting to note how it begins. Notice how it begins here in verse one. It begins with a question, who has believed our report? And so the point he begins to make here, even as he introduces this, is that the nation of Israel was given a message. Who has believed our report gives to us an insight that they have voluntarily rejected the message that was given to them. It's like what it says in Isaiah 65 verse two, where God says, I have stretched out my hands all day long to a rebellious people who walk in a way that is not good, according to their own thoughts. And so he begins with the question, who has believed our report? But he's insinuating there that they have voluntarily rejected the report. There's nobody in other words who's believing what God has said. Now God had cried out to the nation of Israel over the centuries and he had done so in a variety of ways and they had tremendous advantages over all peoples on the earth. Later on when the writer of Hebrews begins to speak concerning the nation of Israel and some of the things that God had done amongst them, while that writer of Hebrews in chapter one verse one introduced the book by saying, God who had various times and in different ways spoke in time past of the fathers by the prophets. He said, God in a variety of ways has spoken by prophets, by signs, by wonders and miracles. God in a variety of ways at a variety of times has spoken to the nation of Israel. He went on later to say, in these last days he's spoken to us by his son. They were given opportunity. Great advantage. Romans chapter nine verses four and five speaks of the people of Israel. There's the adoption of sons. There's the divine glory, the covenants, the receiving of the law, temple worship, the promises. There's are the patriarchs and from them is traced the human ancestry of Christ who was God over all for ever praised. Amen. They had tremendous advantages, centuries of advantages and yet we see Isaiah 53 begin with a question. Who has believed our report? You know, in a similar way, we find ourselves in these last days here in the United States able to echo some of that. Who's believing the report that we're giving to this day? Who is believing the report of the Gospel of Jesus Christ in a nation that has elevated Easter bunnies to be equal to Jesus Christ? Who has believed our report? And that's what's taking place even now. There is a voluntary turning away from the things that we at one time so firmly believed as a nation. You see, in spite of such privileges, Israel was stubbornly refusing to listen to what was being said. When he says who has believed our report, the word report speaks of a message, the message that reveals how God would send Messiah and how they might be saved. Who has believed this message? When it speaks of the arm of the Lord, that's another way of speaking of God's power, God's power to save because it says to whom has the arm of the Lord been revealed? Who has believed this report, this message concerning salvation? And who has understood that God has the power to save? The Bible tells us once again, when speaking of God's, the arm of the Lord, if you will, it says in Psalm 44 verse three, they did not gain possession of the land by their own sword nor did their own arms save them, but it was your right hand, your arm in the light of your countenance because you favored them. So the arm of the Lord represents the power of God, the power of God to deliver. Who has believed our report concerning God who was able to deliver you from your, from your sins? God has made a way for people to be saved, but the majority of those who are hearing that message are rejecting it. This one that he sends to rescue them will be rejected, rejected by the nation. God has sent a message, a message of salvation, but the message will not be received by all who hear it. Now this message is to be shared with the world, but not everybody will be willing to come to him through Jesus Christ. It's interesting how this verse is one that John the apostle quoted regarding Jesus Christ and how that Jesus fulfilled this. In John 12 verses 37 and 38, it reads, although he had done so many signs before them, they did not believe in him, that the word of Isaiah the prophet might be fulfilled which he spoke, Lord who has believed our report and to whom as the arm of the Lord been revealed. So Jesus in his time as he came was actually fulfilling the prophecy and it was stated concerning him that he did so and yet what was being said was still true and was true during the time of Christ. People would hear the message but rejected and so as he's saying this concerning the report of salvation that you can have through Christ, he begins to describe Messiah in verse two. He shall grow up before him as a tender plant and as a root out of dry ground. He has no form or comeliness and when we see him there is no beauty that we should desire him. Prophetically Isaiah describes Messiah, what he will be like. He is pointing out here that Messiah will have insignificant and extremely humble beginnings. Notice he speaks concerning a root out of dry ground. This is a picture of dry and barren landscape with a small vine that is growing in the middle of nowhere. So when you look at it you ask yourself a question and it would be easy to ask this question. We could all imagine for a moment. Who noticed Jesus as a boy? Was there anything physically about him that would draw others to himself? Anything. Well it's interesting how scripture is very silent about his physical appearance. But if we were given charge of being his public relations agents, you have the job of presenting Jesus Christ, the Messiah. I think that we would look at it and do this job differently. If I were presenting Jesus as Savior of the world I would do it in a different way. One, I would have made sure that he came out of Jerusalem. Because Jerusalem is a major city. I mean it would be like saying, look we've got somebody that we want to have very notable who's going to have a lot of influence, a lot of culture, who's going to have a real pedigree and all. What city should this man who's going to be the Savior of the world come from? Should he come from Chino? And the answer would be, well no. I mean we can choose San Diego, we can choose Los Angeles, some major city. I say Chino. And it wouldn't work. Because I would say he probably would be best suited to have at least the appearance of some culture and experience, maybe Manhattan or something like that. But I wouldn't have planned that the Lord would have come out of an insignificant city like Nazareth. John chapter one verses 45 and 46 it says, Philip found Nathaniel said to him, we have found him of whom Moses in the law. And also the prophets wrote, Jesus of Nazareth, the son of Joseph. Nathaniel said to him, can anything good come out of Nazareth? And Philip said to him, come and see. Can anything good come out of Nazareth? Nazareth being a small insignificant village in the north. Well, because Jesus came from this insignificant, if you will, city, the average person during his day did not feel inferior to him. He didn't have an upper social and upper financial class. And therefore he was not really intimidating. Because some of us, if you're ever around somebody who's from a high social class, high financial class, you could feel uncomfortable, high educational attainments. You could feel uncomfortable around that person. But you didn't feel that way around Jesus. Jesus was the common man. And the scripture said, and the common people heard him gladly. And so when it speaks here and says to us that he's going to grow up before him as a tender plant and as a root out of dry ground, it's referring to his insignificant beginnings. If I were to be bringing somebody to the fore to be regarded as a world savior, there's something else I'd want. I'd want him to be charismatic. I'd want him to be one of those individuals that when he walked in the room, everyone would become silent. And their eyes would be riveted on him. They would be looking at what I would call this magnetic man, if you will. He would be tall. He would be handsome. He'd be visually attractive, loaded with personality. But notice what Isaiah says. He has no form or comeliness. And when we see him, there is no beauty that we should desire him. So as handsome as some of the actors are who have portrayed Jesus, I don't want to say that he was ugly. I'm fairly certain that he wasn't. What I am saying is that he was able to mingle amongst average people without garnering so much attention that it detracted from the things that he came to say. And there was not some physicality about him that would draw people to him. There was a king in Israel by the name of Saul, the first king of Israel. Saul was regarded as taller. He was head and shoulders above every man in Israel, which meant he was a very tall man in that he was very handsome. So he had attributes about him that were so splendid and so kingly that when people saw him, they would say, indeed, the king stands before us. But Jesus was not of that stripe. It is not, again, that anywhere could we find that he was an unattractive man. But there was no physicality about him that automatically drew people's attention. There was no beauty. There was no splendor. There was no visual majesty in the sense that drew people to him. As a matter of fact, remember when he was standing before Pontius Pilate, how Pontius Pilate actually asked him a question. It's recorded in Mark 15, too. Pilate asked him, are you king of the Jews? So even in looking at him, he didn't see anything about him that drew his attention. There wasn't this outward physicality. Sometimes people think that Jesus glowed in the dark. You know, we even have crosses that do that, you know. But I'm certain that he didn't. Again, that is good that he wasn't like that overtly because the incredibly beautiful have a way of intimidating, average-looking people. Sometimes when you see somebody extremely striking, you begin to think, God didn't even try with me. Well, ordinariness. Again, that means that he's approachable to any who desire to be near him. A third thing it says in verse three is that he is despised and rejected by men. He's a man of sorrows and acquainted with grief. Again, if I were in charge of presenting Messiah, he would not have been despised nor would he have been rejected. Yet Isaiah tells us that he's despised and rejected by men. The word despised speaks of being worthless or despicable. It speaks of even being vile. The word rejected means unwanted. He was not worth defending nor was he worth caring for. Jesus was considered worthless and unwanted. I wonder how many in this room have felt that. Anybody? I think pretty much all of us have. Pretty much at least once. Maybe every day for some. Worthless and unwanted. I wonder how many in this room have had somebody tell them that they're worthless and unwanted. Many of you. Many of you. I know that for a fact. I said, you'll never amount to anything. You're nothing. You could never be anything. I made a mistake by letting you be born. You should have terminated when I was able. I have spoken to and no people who have heard that the whole life. Jesus was despised and he was rejected. He was considered worthless and he was unwanted. John chapter one, verses 10 and 11. He was in the world and the world was made through him and the world did not know him. He came to his own and his own did not receive him. Rejected by a man. He was a man of sorrows and acquainted with grief acquainted by experience. That word speaks of experiencing. He was acquainted not just intellectually. I have met many people who are acquainted with ideas and thoughts that that simply mean that the intellectually are capable of speaking about those things who have never really gone through those things. But they can speak about it because they have googled it. And now they're experts on the subject. I just received a letter from a young man who was explaining to me some things about ministry and saying some very interesting things to me on a personal level about who I am and how ignorant I am in things of that nature. He must have been all of 22 years old. And so that's what happens. You get this idea that you know things simply because you read a book or somebody taught you that in a class. And we can do that with grief. We can go to classes to learn how to be grief counselors. And we can speak concerning how to express your feelings and how to embrace your feelings and things of that nature. We can give sermons on the therapy of weeping by looking at how that Jesus wept. And then we can give a 45-minute sermon on how good it is to have that cathartic experience of letting go emotionally and all that. We can do that. It's not hard to do that. But he didn't theorize he was personally acquainted with it. He knows suffering. He knows pain. He knows your pain. Jesus wept over people. Remember how that speaks concerning Jesus coming to to see his friend Lazarus to actually to come and do a miracle for his friend Lazarus who had died. Word had come to Jesus. Your friend Lazarus whom you love is sick.  Jesus waits a few days. Make sure that the man does die. And then he goes and here comes Martha and then Mary out to explain to Jesus that he came too late. That Lazarus had died. Oh, if you'd only been here, my brother would not have died. We believe with all of our heart that you have the power to heal him while he was alive. We know that if you would have only hurried up a bit and made it on time, you wouldn't have died. Even now I know that whatever you ask for God will answer. So there was this hope. But it was a hope against hope. That's when Jesus said, I'm the resurrection and the life. You know, if you believe in me, you'll never died. He said, do you believe that? Then he stands there at the tomb. We all know the story and the Bible, the shortest verse in the New Testament. Just two words. John 11 35. Jesus wept. Jesus wept. Jesus wept over individuals, friends like Lazarus. The pain that death brings into somebody's life.  The pain that rips your soul, that you can grieve so deeply that you didn't even know that such an emotion was possible for you to experience. When my father died and came suddenly I wasn't prepared for it. I didn't realize the depth of grief that I experienced over. I didn't realize it until one day. I can still remember one morning actually, I was awakened early in the morning. I was awakened by the sound of somebody crying in the house. They were crying. My father died and I remember awakening to the sound of someone crying and it was me. It was me. It was crying in my sleep. See, I didn't know what grief was. Now I do. And many of you do too, what grief is. He wept over individuals. He wept over a city. He comes to the city of Jerusalem in a time where is a triumphal procession, a huge parade of festivity and he stops and he looks at the city of Jerusalem and the Bible tells us very clearly as a junior, he saw the city and he wept. He wept over it. See, so Jesus is acquainted with grief. Listen, he understands your pain. Please understand that today. He understands your pain. Aren't you glad that at least somebody in the universe understands? Well, that's our Jesus. He understands and that's our Messiah. He is acquainted with grief. And yet, he was held in contempt and he was not valued by the majority of people that he came to save. Part of the reason is, is because people prefer going to a party over a funeral anytime and they're not necessarily attracted to the kinds of people who are like Jesus in that way. You see, he was despised and he was not valued. Like it says in Psalm 69 verses 19 and 20, you know my reproach, my shame and my dishonor. My adversaries are all before you. Reproach has broken my heart and I am full of heaviness. I looked for someone to take pity, but there was none for comforters. But I found none. That's Jesus Christ. And so, he's the one that we go to because he understands when we are rejected. While on trial, his own people cried out, give us Barabbas. It says in verse four, surely he has borne our griefs and carried our sorrows, yet we esteemed him stricken. The fact is, there was nothing wrong with him, but there is something wrong with humanity. In, in spite of people's reactions to Jesus Christ, he carried our sickness, he dragged away our sorrows. He took our burdens from us and he also took their consequences, the consequences that are really ours. He died on our behalf. He died for sins he never committed. But Israel's response is, we esteem him stricken, smitten by God and afflicted. So, they're saying basically, well, what he got, what Messiah gets is what he deserves. He's been singled out by God. And so, he wouldn't be suffering like this if he didn't deserve it. It's, it's interesting, even when Jesus was on the cross, people believed that he should be there and even mocked him. The religious leaders mocked him. The people who were passing by mocked him. They wagged their heads at him and said, you saved others, save yourself. If you're really the Messiah, then come down from that cross.  He made himself out, they thought, to be the Son of God, making himself equal to God. He broke the Sabbath, thought others to do so also. He's only getting what he deserved. But is that true? No, because in verse five it says, he was wounded for our transgressions. He was bruised for our iniquities. The chastisement for our peace was upon him, and by his stripes we are healed. He was wounded. That word wounded is the word pierced, or it speaks of great pain. He was, he was wounded for us, pierced for our transgressions. Bruised, that word bruised speaks of being crushed for our iniquities, and the chastisement for our peace was upon him. He was pierced for our rebellion, crushed for our depravity, punished so that we could have peace. He didn't deserve it. He received what was really meant for us. In 1 John chapter two, verse two, it says he is the sacrifice for our sins. He takes away not only our sins, but the sins of all the world. But he says with all of this, here's your blessing, by his stripes we are healed. By his stripes we have received favor with God. In 1 Peter 3 18, Christ also suffered when he died for our sins, once for all time. He never sinned, but he died for sinners, that he might bring us safely home to God. He suffered physical death, but he was raised to life in the Spirit. So Jesus Christ, Messiah, is going to restore us to a right relationship with our God. He says in verse six, all we like sheep have gone astray. We have turned everyone to his own way. As self-willed people, we have chosen our own paths, and we have done what we have wanted to do. You know, today you'll hear this. This is common. We all heard this in one form or another. They will advise you. Follow your heart. Follow your heart. My heart is deceitfully wicked. Jeremiah 79, man. I am to trust the Lord with all my heart, and to lean not according to my own understanding. In all my ways I'm to acknowledge him, and he will direct my path. That's what the Bible says. So why would the Bible tell me not to trust my heart? And the world says to trust my heart. It's because the world trusts its own heart, and its own heart is depraved and wicked and turns from that which would save them.  We have every one of us turned to his own way. Well, when I follow my own inclination of my heart, while the result is sin and the result of that will be judgment. In Ecclesiastes 119 it says, Rejoice, O young men in your youth, and let your heart cheer you in the days of your youth. Walk in the ways of your heart and the side of your eyes, but know that for all these God will bring you into judgment. So if you're following your heart and not following the spirit, you ultimately are going to pay the consequences of doing that. I'm very careful with my own heart, because indeed I really mean this when I say it. My heart, according to scripture, is deceitfully wicked. It's depraved. I need the restorative power of the blood of Christ. I need the new nature. And whenever I was young and I would follow the inclinations of my own heart, it always ended up poorly. I've heard people give advice to young women who wanted to date young Christian women who wanted to date unsaved young men. And I've heard the advice given to them where they've said, you know, follow your heart. You know, God will use you to bring them to faith in Christ. And I, no, no, it's easier. It's like this. I illustrate it like this. I'm standing on the platform and you're standing on the floor beneath the platform.  I still remember many years ago now, over 30 years ago now, I was ministering to a young woman. She had come into the office and had asked me a question related to dating an unbeliever she wanted to be with this guy. And I remember saying to her, no, that is a bad thing to do. The Bible says, be not unequally yoked together with an unbeliever. From the old to the New Testament, the Bible makes it very clear that those who are followers of Christ are to be yoked evenly with those who are also followers of Christ. And if you as a non, as you as a believer involve yourself in the life of an unbeliever, get romantically involved, what is going to happen is you're going to be pulled away from the things of God. You're disobeying God. Now, that's old fashioned, by the way. Today people say, oh, that's what's wrong with you. You're so old and rigid. You've been married so long. You don't know what it feels like to be alone. I'd like to know what it feels like sometimes. She says, are you saying that that's 100% sure 100% sure what are you saying that 100% that there's no way that I will win this young man to Christ? Now, who am I God? How do I know? How do I know this person's going to come to faith in Christ or not? That's a loaded question. How could I answer a question like that? So I said, you know, if I were laying odds, I said, for the sake of argument, less than 1% chance. I shouldn't even have said that because she said, I'll take that. She did. I'll take that. And she left determined to go out with this guy and be with him because she thought I gave her permission by saying that. And that was just I made a mistake by even saying that she wanted to do what her nature was bent on doing. I'll never forget a man who came to my office. I got this quote unquote emergency phone call. I need to see the pastor. I need to see him now. And I said, I'm sorry, I'm in the midst. No, he I need to see him right now. I'm going to come at lunch. Please give me a half hour. I need to speak. My secretary says, this is an emergency. This guy needs to talk to you now. And I said, I can't he's insisting he I said, okay, if he's in that big of a need, of course. And so I put the things aside and I waited for him to come.  I just need to ask a question. And he says, does God forgive divorce? And does God, does God allow me to remarry if I've been divorced? And, and it was kind of one of those questions, like I wonder why you ask. So I made a mistake. This was about 30 years ago. I won't make it again. I said, divorce is not the unpardonable sin. That's what you're asking. And does God forgive sin all sin is forgivable by God? Because God's grace. So I gave a standard answer to what I thought was, well, what he really was doing was this. He was making plans to divorce his wife to marry the woman he was having an affair with. So when he came in and asked that question, he was trying to hedge his bet. And when I said, God forgives sin and divorce is not the unpardonable sin, he took that as permission. He left my office, divorced his wife, married his lover, and went off saying, I'm walking in the grace of God. I am telling you that sinful nature is bent on doing what the sinful nature wants to do. And that's how it works. We will find one way or another to do exactly what we want to do. We all like sheep have gone astray. We have turned everyone to his own way. But he goes on to say, the Lord has laid on him the iniquity of us all. The Lord has made him the Lamb of God who take away the sin of the world. In Galatians 3 13 Christ has rescued us from the curse pronounced by the law. When he was hung on the cross, he took upon himself the curse for our wrongdoing. For it is written in the scriptures cursed as everyone was hung on a tree. He became the sin offering as the Lamb of God. We turned our own to our own way. By nature, we did not pursue him. There's none who seeks after God. No, not one. So God pursues us with the conviction of the Holy Spirit. He draws us with cords of love. He woos us. And he points our eyes to a cross to demonstrate to us the severity of sin and what sin does. Son, sin, sin kills, sin destroys. And what the cross is intended to do is to be that demonstration of the intense passionate committed love that God has for His creation. So when you preach the gospel and you say, look at we all like sheep have gone astray, each has turned into his own way and the Lord has laid on him the iniquity of us all. We are saying that by nature, we don't pursue him. But by his grace and love, he's pursued us.  The Lord laid on him the iniquity of us all as our sin offering verse seven. He was oppressed. And he was afflicted. Yet he opened not his mouth. He was led as a lamb to the slaughter and as a sheep before it shares this silent. So he opened not his mouth oppressed and afflicted. That was fulfilled when Jesus was in custody custody and then placed on trial. When he stood before his tormentors, he stood silently. He didn't argue with them concerning his innocence. In Luke 22 verse 64, speaking of when he stood before the Jewish Council, it says having blindfolded him, they struck him on the face and asked him saying, prophesy, who is the one who struck you? In Mark 15 19. This is when he's before the Romans, it says they struck him on the head with a reed spat on him bowing the knee. They worshiped him. They put on him a gorgeous robe. And then they placed on him a crown of thorns and they they took a staff and they pressed that that crown of thorns into his head. And his face was already bruised and battered. They took pieces of his beard and ripped it out of his face. It says in chapter 52 verse 14 here in Isaiah, as many were astonished at you, his visage visage was marred more than any man is his form more than the sons of men. They had beaten him so severely, despised, oppressed, afflicted, but he didn't defend himself. He opened not his mouth in Matthew 27 12 through 14. It speaks of Jesus while he was being accused by the chief priests and elders. He answered nothing. Pilate said to him, do you not hear how many things they testify against you? But he answered him not one word so that the governor marveled greatly. Every man will protest his own innocence, especially the guilty. The more guilty you are, the louder you say you're not guilty. The louder you protest. This is wrong. This is offensive. This isn't just this is not right. And so Pilate who was a governor who was used to to to standing in this position of making judgment was used to seeing people defending themselves to the very end. Even those that they would drag off to put on a cross would be screaming. I'm innocent. I'm innocent. I'm an innocent man. Not Jesus. He was there silently, quietly, like a sheep before shearers is silent. So he remained silent himself. He opened not his mouth. It says in verse eight, he was taken from prison and from judgment who will declare his generation. He was cut off from the land of the living for the transgressions of my people. He was stricken. After Jesus' trial, he was taken without any resistance to Golgotha that he might be crucified. But notice that verse eight, who will declare his generation? I'll say this very quickly. This is a very difficult verse to interpret. But it may speak of the evil of those who put him to death. One commentator said, this must speak of the age and men of it in which he lived, whose barbarity to him and wickedness they were guilty of were such as could not be declared by the mouth or described by the pen of man.  That's depravity. And so that's what's going on during that time. It says he was in verse eight cut off from the land of the living for the transgressions of my people. Again, Jesus gave up his life voluntarily and he did so on behalf of others. There are those who say, well, Jesus was murdered and there are others to say that Jesus was martyred. Jesus voluntarily gave up his life. He did so of his own volition for the transgressions of the people. In John 11 verses 49 and 50, one of them Caiaphas being high priests that year said to them, you know nothing at all, nor do you consider that it is expedient for us that one man should die for the people and not the whole nation should perish. So Jesus died on behalf of other people. He is again the Lamb of God that takes away the sin of the world. Verse nine, they made his grave with the wicked, but with the rich at his death. We know by reading what happened to Jesus Messiah, he was crucified between two thieves. So he was used identified as a sinner by being amongst the sinners, but he was buried in a rich man's borrowed tomb. It says in Matthew 27 verses 57 through 60, when evening had come, there was a rich man from Mermethea named Joseph who himself had also become a disciple of Jesus. This man went to Pilate and asked for the body of Jesus. Pilate commanded the body to be given to him. When Joseph had taken the body, he wrapped it in a clean linen cloth, laid it in his new tomb, which he had hewn out of the rock and he rolled a large stone against the door of the tomb and he departed with the rich at his death. Yet, verse 10, it pleased, it delighted the Lord to bruise, to crush him. He has put him to grief. When you make his soul and offering for sin, he shall see his seed, his days, and the pleasure of the Lord shall prosper in his hand. He shall see the travail of his soul and be satisfied by his knowledge. My righteous servant shall justify many, for he shall bear their iniquities. Therefore, I will divide him a portion with the great. He shall divide the spoil with the strong, because he poured out his soul into death, who was numbered with the transgressors. He bore the sin of many and made intercession for the transgressors. It pleased the Lord to crush him. It delighted God to provide salvation for man. Somebody was saying just the other day, I wish I could tell you who it was, but that Christians worship a bloodthirsty God who takes pleasure in pain. Now, what God takes pleasure in is providing salvation. It pleased him to bruise him, not because it pleased him to see his son in pain, but because through that he would win us to himself. Somebody says, how do you know that God loves you? The Bible says God demonstrated his love toward us, and that while we were yet sinners, Christ died for us. I think for a good man, I could possibly die for a righteous man, but Jesus died for sinful man, for sinful man. As good as we think we are, and we all think that we're the cutest thing in this room, you wouldn't say, oh no, no, I'm really not. If I took a picture of the room right now and I said, look at the picture, who's the first person you'd look for? We all think we're the cutest thing in the room. Oh, look at me, my eyes are closed. Oh, I'm making a funny face. I shouldn't have worn that color. So we think we're worth saving. I won't argue with you whether you are or not. There's no point in that, of course. The fact is we all think that. We're all worth saving. But in reality, none of us deserve being saved. Oh yes, there are some people who are a lot worse off than others. There's no doubt about it. There's some very nice little grandmas. And then there's some monsters. So if you had a choice, which one should die? Keep grandma, get rid of him. But you know what? This is so beyond me. I don't even know why I'm musing this so beyond me. God so loved the world. That includes a precious grandma and that person that we don't think has any right to even walk the planet. We had a lady in our fellowship many years ago who had a 21-year-old daughter who was raised in the Lord. This young lady was raised in the Lord. Made a poor choice, decided to live with her boyfriend as a Christian girl. And the Holy Spirit convicted her and said, you're in sin. You need to go home to your mama and your daddy. You need to get out of that relationship. This is not honoring to God. The Holy Spirit did that. So she told her boyfriend, I have to leave you. I have to move home. So he beat her to death. He beat her to death in a brutal, brutal, brutal murder. Brutal murder. I ministered to the mom and dad when all of that was going on. The mother came to me and was speaking to me. She said, I'm looking forward to my time in court where I addressed the man. I said, because that's the right of the family. And I said, yes, you have that right. You know what I'm going to do? And you know what she did? When she had the chance to address the man who beat her baby to death, she said, God loves you. God will forgive you. I forgive you. I love you. She went and handed him a Bible. And she said, you need to save your Jesus Christ for what you've done and what you are. You need the Lord. I was taught Christianity really by that woman, by her response. My response would not be as generous. They'd be putting me in jail. I'd be sending you televised Bible studies for myself. Hey, I ain't going to lie. So God's son died for us. And it pleased the Lord to not, the word bruise is not as strong. It's to crush him, to put him to grief, and he made his soul an offering. Jesus would see the fruit of his sacrifice in salvation of others. And he rules and reigns forever. Revelation 11, 15 says, the kingdoms of this world have become the kingdoms of our Lord and his Christ. He shall reign forever and ever. In verse 12, therefore I will divide him a portion with the great. He shall divide the spoil with the strong because he poured out his soul into death, was numbered with the transgressors, and he bore the sin of many, made intercession for the transgressors. Jesus' victory over his enemies produces what is called the spoils of war and victory. And he distributes these to those who have been made strong in him. It's like what it says in Ephesians 4, verse 8. Again, this is applying to Messiah. When he ascended on high, he led captivity captive and he gave gifts to men. When it says he was numbered with the transgressors and he bore the sin of many, again, he died between two thieves. And one of the things that always ministers my heart is that as it was taking place, he prayed for those who were killing him. Luke 23, 34, Father, forgive them. They do not know what they do. But the Bible tells us in Hebrews 7, 25, he is also able to save to the uttermost those who come to God through him since he always lives to make intercession for them, saves to the uttermost. One of my friends used to say from the guttermost to the uttermost. And the Lord has, that way he's able to do that and he does that. He bore the sin of many, made intercession for the transgressors. He was praying their Father, forgive them. He was numbered with the transgressors but this all worked together so that the Messiah might save us and that's why Isaiah 53. So very, very clearly presents to us the suffering servant, Jesus Christ, our Messiah. And as we gather on Friday for the Good Friday service and we contemplate what that really means, we do so with the anticipation of what comes on Sunday, the resurrection of our Savior and our Lord Jesus Christ which makes us what we are because he was declared to be the Son of God by the resurrection. If Jesus would have remained in the grave, then everything he said is suspect and untrue because it all hinges on whether or not he rose from the grave and he did. I had a Muslim write me, wanted to correct me because Jesus is a Son of God the way Adam was.  Jesus was conceived by the Holy Spirit. He is the Son of God, the only begotten of the Father. And I said, and one of the things that you need to know about this prophet, Jesus whom you refer to as a prophet, is the Bible says every knee shall bow and every tongue shall confess that Jesus Christ is Lord and that includes your prophet. He will bow his knee before Jesus Christ.