Welcome to Tough Love with Loretta Chen, where Hawaii's changemakers talk tough on the islands they love. Now, I guess today is a CEO, an inventor of those, why didn't I think of that products? She's also a human trafficking activist, a motivational speaker, a live coach, and author of Jumping Jack, a preschool book to address hyperactivity. And new to Hawaii, she's currently an early college counselor for Loret Community College, a Philly native. She believes youth should be encouraged to take advantage of the opportunities in their communities to achieve their dreams. Please welcome, Sirita Washington. Hello, good morning. Thank you for making it here in crazy traffic. Aloha and Mahalo. Thank you so much for this opportunity to share about these important topics we're going to address today. I met you and I thought, gosh, you're so much spunk. You know, people have often spoken to me and said, my God, Loretta, your resume is so eclectic. And then I meet you.  I mean, I thought I was a multi-hyphenate until I met you. So share with us what's it like being you for a day? I mean, juggling all these like 20,000 things that you're doing. Well, you know, that's so interesting because I tend not to think that mine is such a unique perspective. So many people have to work more than one job or have more than one revenue stream. As a matter of fact, there were recent statistics about that reporting that there are 13 million individual citizens throughout the country who are working more than one job. And we know that number is even higher here in Hawaii. Now, for me, it's kind of started out as a necessity, right? Thinking about how to make the bills kind of come together. But also thinking about what are the best ways to use your talents to do so so that you're not wasting time. You're actually working on self-improvement and empowerment, which is really important to me. No, and I'm with you, right? But, you know, do you think that sometimes people will judge and people always judge, right? And that's why these programs are important to dismiss those myths. Do you think that sometimes people tend to take you less seriously? Because they're like, oh, she's a jack of all trades or Jill of all trades and a mess or mistress of none. Thank you for that correction. Yeah, it's very easy for someone to say, how can you do all of these things and do them well? And the fact is, when you find ways to spark that creativity for yourself and you're doing things that are within your realm of skill set and your interest and in a spiritual kind of way, something that you feel called to do, then you're likely to be successful. So let me start with my background is mental health. And I've worked for 20 years as a mental health professional specifically working with youth and children in foster care as well and families. And so when we talk about the first multi-hyphen, my book that I wrote, Jumping Jack, I wrote it out of frustration. And a lot of what we're going to talk about today comes from kind of wanting to share with the world. So when we think about multi-hyphenate things, I think it also comes from this idea that you feel called to share something of yourself. Which also means you're multi-frustrated about many things. And you turn that adversity and that frustration into creative energy. There you go. Because either you can sit there and do nothing and be frustrated about it or you can do something. So the question to ask yourself always is what can I do to address this issue? Yeah, and there's so many people that want to go out there and do what you do. But I think it's tough love. It's a program that addresses tough issues. So share with us some of the challenges about getting those products out there. I mean, there's R&D, there's product development, there's warehousing. I mean, share with us the dirt. Okay, so let's start with even going back to the book. The book that I wanted to write is about a rabbit who may be hyperactive, may have a diagnosis of ADHD. But we never mentioned that in the story because I was frustrated that so many parents were bringing their kids to me for therapy saying fix him. He is ADD.  Number two, we don't even know if that's a diagnosis. Number three, let's take a look at what strengths your child has. So how to put that all in a book. But then when you write a book and there's so many women out there who have ideas for books and for stories and getting into the publishing industry used to be really hard. Now, of course, we have self publishing that makes that makes that a little bit easier. So when we talk about research and development, where do you find an illustrator for a book? How do you put it together? How do you make sure that it's a message that will be well received? But when you have that idea and you do the research and the information is out there. This is a beautiful part about living right now. You and I were in college. If we wanted to research something, what do we have to do? Oh my goodness, it would take forever. You go to the library. You've probably got to go talk to people. I mean, you literally got to go pound the street. Exactly, exactly. It's just so much more hyper connected. Do you remember having to get out the yellow pages and flip through the yellow pages to find something? I have no idea what the yellow pages are. Exactly. So here with YouTube University, where you can find a video about almost anything, where you can find a podcast about anything. There's no reason to be uninformed. So that leads me to the development of my product and my company. Another frustration. So one day I happened to be in the shower. Taking a shower. And I had two shower caps on my head. Two. One in the front, one in the back, because I had all this hair. So my husband looks at me. He's like, babe, why do you have these two shower caps on your head? And I said, because I can't find one that will fit all this hair. And he said, what are you talking about? What do you mean you can't? But if you look at the average size of a shower cap, go to any hotel, any spa, any location, you'll find that it's the traditional plastic small, you know, if you have a larger head circumference, it won't fit or just thicker hair. And so he said, you know, that looks like something that's just a problem. I said, it is a problem. And he said, well, why don't you fix it? Yeah. I thought about it for a minute. And I thought, maybe I should fix that. So let's talk about this. So how did that start? Because obviously I want our listeners and our viewers to know that it's not easy. You don't just think of an idea like, oh, it just happens. I watch a video and it happens. Tell us like how that process is like and make it grueling. So we know that it's not easy. There's some trial and error, definitely. So prior to that, again, thinking about multi hyphenates and multi revenue streams, my husband and I looked into starting a private label company. Let me explain what private labeling is. So private labeling would be if you come up with a product idea that you'd like to kind of tweak. It already exists. You don't have to file a patent for it. Our first product that we came up with was a bath pillow. It would be like if you want to kind of lay back in the bathtub and support your neck and have a luxurious experience. Now that already existed, but the thought is how can I make this better? What can I do in order to make this a more enjoyable experience for the customer? And so we researched it, YouTube University and podcasts and books and everything else. And we jumped into the private labeling business, which involved finding the right manufacturer for the product. It involved figuring out a name for the product, how to market the product, how to make sure that that product can get from the source of the manufacturer to we sell on Amazon. So Amazon's warehouse. Amazon has a self-fulfilling warehouse where we don't have to ship out our orders to our customers. They will ship our order for us. And so figuring out that whole system. And I can tell you that that first product, while it was manufactured well, it was also a failure. It was a failure because... We like failures. We like to learn from our failures. Definitely. How did you learn? Definitely. So it was called the Serenity Now Bath Pillow. Why? Because I watched too much Seinfeld. And so George Costanza would always yell Serenity Now. And so I thought that was great. And again, very well manufactured, but it was heavy to ship. And so because it was heavy to ship, then that left us with an exorbitant shipping fee, which means that we kind of priced ourselves out of the market with regard to the product. And so we learned a lot through that experience, thinking about if we come up with another product, we have to make sure that it's something that's transportable. But we also learned our strength. My strength being that I can write the heck out of an ad, you know, for a product. My strength being that I know that it's important to give your customers something in exchange for their purchase. So I always include a free gift with almost every purchase that I sell.  It was not easy. Sure. It was very easy to give up. If you don't see the results, especially now, this is the problem also with podcasts, YouTube and all of this. It'll be the people who are all I'm making $30,000 a month selling on Amazon, right? Do not. That's marketing. Exactly. Do not fall for the hype. Because while they may be making that now, the fact of the matter is they probably had one or two stumbles along the way. One or two is a huge understatement. Exactly. Before they came up with their thing. And so it was during this phase that we were developing the bath pillows that I had this frustration with the shower cap.  Wow. And it was born out of frustration and the need to solve a problem. Right. We say necessity is the mother of invention. Oh, yeah. No kidding.  And that's the second product that I came out with. That is my sleep bonnet. And that came from my customers. So it's called listening to your customer feedback.  I never have that problem. I like limp Asian girl hair. Look at that. No, but your hair is gorgeous. And I got to tell you how I'm addressing that population as well. So initially it came from my own frustration with what was available on the market. But then I also had to do my research. What's the problem with plastic shower caps? Well, they're carcinogenic. Plastic is carcinogenic. And it is not good for the environment. And it doesn't last long. And if we're looking for something sustainable that will be sustainable that people can keep for a longer period of time. And I want to be a good steward, a good citizen in our global environment. And that's very important. So I thought about the material that it should be made out of. We came up with vinyl. Vinyl is very sustainable. And then I decided, okay, what's the other problem? Well, a lot of times your hair comes out. A lot of times your hair can get frizzy. If you have an updo for a fancy wedding. And let's say the wedding is Saturday, you get your hair done Friday. What are you going to do in the shower? So I lined it with satin. And then the last thing is your hairstyle changes. Your hair may be straight today. And then tomorrow you may have all of these curls in your hair. And so I wanted to make it adjustable. So thinking about what it is that you can do and how your idea can be different from what's on the market. How does it solve a problem? Right, exactly. And that was my question. How can this shower cap responsibly solve a problem? So just very quickly, I mean, I just cut you in there because we're just going to go for a brick movie. You've set up an e-commerce company, right? And we all know now that brick and mortar stores are on its way out. But what do you think as an entrepreneur, what do you think is the future of retail in like 90 seconds? Yeah, the future of retail in 90 seconds. We know that it's becoming more automated. You can go into Whole Foods now and just, you know, check yourself out and walk out with using your Amazon account. You don't even have to go through the checkout line anymore in some stores. And so this idea that definitely we want to support our small brick and mortar mom and pop shops because they need that support. We don't. They have a place in our community for sure. But at the same time, there's a space for entrepreneurs like me who say, hey, listen, I can't open up a whole store to sell one shower cap, but you know what I can do? I can create a space online for that. And so I think as a society, there's a place for both. Yes, are we moving more towards the I need to get it now kind of model for sure. But definitely there's a place for our support for our small mom and pop shops. Yeah, no. And we have so many other interesting topics to get to. Because one of the other things I really want to chat about too was about this idea of, you know, how it was out of necessity, right?  And we're going to talk about how like in today's day and age, we now have a little bit more of that room. Yeah. But also the other thing I really wanted to address is also the fact that you're human trafficking activists. And when we come back from a break, I really want to address those issues because of late in the news, it's been dominating headlines about the recent human trafficking incident in Essex in London. So I wanted to get your take on that. So stay tuned everybody. We'll going for a break and we will be right back. Hi, I'm Rusty Kamori, host of Beyond the Lines. I was the head coach for the Punahou Boys varsity tennis team for 22 years. And we're fortunate to win 22 consecutive state championship. This show is based on my book, which is also titled Beyond the Lines. And it's about leadership, creating a superior culture of excellence, achieving and sustaining success and finding greatness. If you're a student, parent, sports or business person, and want to improve your life and the lives of people around you, tune in and join me on Mondays at 11 a.m. as we go Beyond the Lines on Think Back Hawaii. Aloha. Aloha. I'm Keisha King, host of At the Crossroads, where we have conversations that are real and relevant. We have spoken with community leaders from right here locally in Hawaii and all around the world. Won't you join us on thinktechhawaii.com or on YouTube on the Think Tech Hawaii channel.  I'll see you at the Crossroads. Aloha. Welcome back, and we're speaking with multi-hyphenate CEO, inventor, human trafficking activist, motivational speaker, live coach, author and early college counselor at Leeward Community College, Therida, Washington. So welcome, welcome, welcome. We're still facing with human trafficking issues. I mean, the public service ad that we did was for sex trafficking.   Most of the victims were from a province in Vietnam and authorities are investigating obviously a human trafficking ring, smuggling Vietnamese people to Britain. And I share it with you during the break that I spent time volunteering in this child sex trafficking center in Cambodia with goals between the ages of 8 to 18. Some of them are younger because they're children of sex trafficking. And one of the things that's heartbreaking that I learned was that when I first got there, I thought, oh, the barbed wires are there to keep the bad guys out. Duh. But then I soon learned it was also to keep the girls in because they felt like that was your only, it was the only trait they know and they would rather go out and do that again. It's the same thing that cap those young men and women taking on this treacherous journey going on that lorry trailer knowing the perils that they might face and they're still doing it. Right. So I'm not going to ask you for a solution today because I know it's rough, but tell me how it is for you as a human trafficking activist. I mean, where are we now? I mean, we've been talking about this for years. Where are we now? Well, where we are right now is that we need more education. Point blank period. You would think that most people are aware, for example, of the difference between sex trafficking and labor trafficking, but they are not. You would think that we are at a point where we can address our biases with regard to individuals who are a sex traffic.  For labor, yeah. And so, yeah. But even if you think about labels and titles. So again, there's a judgment that comes with the word prostitution and it suggests that you're a willing participant in the work. And while there are sex workers who do participate in that work, for the most part, individuals who are in that line of work are actually being taken advantage of and they are victims or survivors of sex trafficking. So there's a psychology to human trafficking, overall labor trafficking and sex trafficking that we just don't understand as a society. And so that education, understanding this psychology of it, how does a so-called pimp get someone to go along with what it is that he's proposing? I mean, when I went to Cambodia, some of them gave an anecdote. I mean, I want to get your take on it. But a lot of it, I mean, there's so many reasons, but a lot of it is truly poverty and ignorance. One of the things that I learned was, you know, I went to ask them and they said, yeah, usually some of these pimps, right, they will sort of spy upon the village. They know that, okay, this villager, for example, has two pretty daughters.   And of course, the young, that old farmer person says, okay, sure. They'll say, okay, sure. And then after that, they're unable to pay. As always, the interest goes up. And the next thing they know, a couple of months later, the same guy comes and says, hey, you can't pay the interest. I beat you up, you know, or I'll go to take your daughter and she's just going to go work. So a lot of it is so institutionalized and it's a whole cycle. As a human trafficking activist, like how do we begin to unravel these institutionalized systems where we need to eradicate poverty, we need to educate people. We need to eradicate ignorance. How do we begin to unpack that? What are some steps that we can take? I mean, give us steps that we can take. Give us a roadmap, a guideline. I wish I had the answer. You know, the step that I'm taking is by providing education to the community. We understand that it's a global issue and a local issue. That same story that you shared, we would find parallels with a young girl right here in the city if we were able to talk with her about how she's, you know, basically doing this because she feels like she has to in order to survive. And so there's looking for parallels and not just saying, oh, that's them over there doing that, but saying, no, this is a global issue and we're all responsible for it. The other thing is that there are nonprofits and programs. So there's one called Kiva that provides legitimate microloans to women who are trying to start businesses in other countries and you can actually provide donations to this organization to allow for that. So looking for nonprofits that are legitimate, that are supporting women in business, just like what we're talking about here, starting off with a textile company or starting off with something small, making crafts, creating a way for a woman to be economically empowered so that she doesn't feel like she has to use her body in order to support herself. Right, exactly. Exactly.  We often like to think that it's somewhere else, some foreign exotic country, but it happens usually right in our backyard. Yeah, and actually the most vulnerable victims of human trafficking include foster care youth. Yes, absolutely. So youth who are aging out of foster care and don't have necessarily the means or the understanding. And again, the psychology of those who prey on them. Yes. You mentioned the man in the village who's looking to see who might be a target. Oh, yeah. Same thing here. There's somebody looking to see who might be vulnerable. They're looking for, you know, girls who might have dad issues. They're looking for girls who don't feel attractive. They're even on social media looking to see if you're not getting enough likes on your photo. That's right. And then they'll creep into your direct messages to say, hey, well, you didn't get enough likes on that picture, but I think you're gorgeous. It's just starting out in these small, insidious ways. Yes. So as a community, it's important that we're informed about it. And so I use my background in mental health and social services to try to get back to the community in this way with regard to human trafficking, educating about the difference between labor and sex trafficking. Yeah, absolutely. Absolutely.  I mean, today, Rihanna's Fenty Makeup Line is just making a blast, right? All the AMH is like, I think, collaborating, acquiring her line. I mean, it's about time that people said, hey, there are, like, populations of the community that we need to look at. And I always found the term, you know, woman of color or man of color a really funny term because isn't white a color? Like, why am I off color and you're not off color? Like, you're transparent. I just found it weird. But the point is, where do you see this taking us, right? I mean, it's exciting time. Yeah. How do we get more women and men alike out there to go out there and say, we want to go create products for us. We only want makeup for our skin. Yeah. We want makeup that suits us. How do you feel going up? Yeah. When you have no makeup shades, that would fit your skin? No. You're right. I mean, I remember buying my first foundation. I was so orange, I probably looked like a muppet. Like, it really was not something that matched my skin tone at all. I couldn't find pantyhose. Remember having to wear pantyhose? Oh, my. I couldn't find any that were flesh-colored, right? Even for me, right? What are nude or flesh-colored pantyhose? I always looked a little dusty or gray. And so, this idea that you can go into even a store and buy any big box store, walk in, and look for hair care products for black women, specifically. Yeah. We might get three shelves in Walmart to support our products. And again, it's very difficult. But that creates opportunity. Exactly. Do you know that, for example, the dishwasher was invented by a woman? There had been dishwashers before, but they used scrubbers. A woman came up with the idea that we need high-pressure water in order to solve this problem. Right. And the little diaper was invented by a woman. And she went to men to pitch the idea and they thought it was stupid. And so, she kept going with it and then sold it directly to Saks Fifth Avenue. And so, it has to do with believing in your dream.  I love it. And so, I believe in my product. It's actually very easy to put on. I put all my hair in it. I can actually take it and, you know, adjust it the way I want. And it's cute. And guess what? My customer contact me who had the shower cap over a year and say, hey, listen, I'd like to get another one. You have a warranty. Can I get another one? And we certainly would, but I've had customers keep their shower cap for more than a year. So, talk about giving back to the community, making it global, but also coming up with ideas that you feel support your vision. And so, from that shower cap, I was able to, as I mentioned, listen to my customers. I developed a sleep bonnet because I had some customers sleeping in their shower cap. It's a shower cap. But I've read my reviews. My reviews said, can I sleep in this? I said, no, but let me make something you can sleep in. I came out with that, but it also has to do with how you design your product, how you design your packaging.  Now when you get this in the mail, you're thinking, oh, I have, what is this? This is a little fancy. And it's a sleep bonnet. It's nothing, you don't have to come up with something that's earth-shattering. Right. Because the day-to-day is to solve the day-to-day issues rather than here and now. And just like 60 seconds or less, I'm always challenging my guests to share with us something that will take away from us. In 60 seconds or less, tell us if there is one thing you want us to remember, but you being an entrepreneur and a human trafficking activist, what is it? What's the key takeaway that we'll walk away today saying, yeah, I'm going to remember that. That's a good thing to remember. You with these gotcha questions. Now it's like 30 seconds. All right. So the one thing I'd want for folks to take away is the idea that you should feel empowered to make change for yourself and for your community. If you have an idea, really look into investigating it. If you have an idea about giving back to the community in some way, look into investigating that. But do not feel ashamed that you have to have more than one revenue stream. Instead, tap into your inner strength and your resources and have that revenue stream work within those avenues and realms. That's right. And never to give up, especially when it's hard. I mean, that's exactly what you're saying. You got it. Especially when it's hard. Well, thank you all so much for watching Tough Love with Loretta Chan because you know what? Tough times don't last. This girl here definitely walks a talk. But tough people do. So join us next week where we speak to mayoral candidate Kimberly Pine. See you next time.


Hey guys she bear 1,000 here. This is just gonna be a short clip It's a funny clip a very funny clip a great friend of ours and devoted YouTube follower Sent me this video the messenger it is hurry action to You guys remember the roly the egg cooking thing She sent me this clip It's like a 20 second video, but you guys love it man. You got to watch it Snancy Jones check her channel out She should be under my my top channels, but you'll find her through me or monkey Again, it's Nancy Jones check check her channel out. She's great, but I just had to share this with you It's cuter than hell, but it is very very funny. So Enjoy your 20 second clip and Nancy this one's for you All right guys, thanks for watching and remember She bear the myth of man a legend. I'm gone for now and by the way, happy Thanksgiving y'all We'll chat at you soon. Bye. Bye now


QuickBooks Online 2022 Budgeted Income Statement Data Input Get ready because it's go time with QuickBooks Online 2022 Here we are in our Get Great Guitars practice file we set up with a 30-day free trial holding down control, scrolling up a bit to get to the 125% currently and the homepage otherwise known as the Get Things Done page and the business view as compared to the accounting view if you want to change to the accounting view it's something you can do by going to the cog up top, switch to accounting view down below we will be toggling back and forth between the two views either here or by jumping to the sample company file currently in the accounting view back to the Get Great Guitars we're going to open up a couple tabs to put reports in going to the tab up top to do so right clicking on it and duplicating it back to the tab to the left right clicking on it again duplicating it again as that is thinking let's see where the reports are located in the accounting view in the sample company which is on the left hand side under reports back to the business view we're in the second tab now reports in the business view in the Get Great Guitars file under the business overview and then reports but it's still thinking it's still thinking hold on a second we're going to close up the hamburger we're going to open up just the income statement this time the profit and loss the P and the L we're going to do the range change up top from 010122 to 022822 run it and then go to the tab to the right and we're going to then take a look at the business overview again go to the reports on the left hand side closing up the hamburger this time the trial balance the trustee TB by typing it in not the trail balance but the trial balance I before A I before A we're not going on a trail we're not going hiking over here 010122 on the range change 022822 and run it there we have it now in prior presentations we discussed that we're going to make a budget when we make a budget we don't typically think about actually creating the budget kind of inside of QuickBooks but rather take the past data from QuickBooks export it possibly to something like Excel then use that to create the budget so the budget also often being thought of as a profit and loss in essence being the major component of the budget because that's the timing statement of what we expect to be happening in the future based on past information so what we did then is we thought about the past information that has taken place in the last two months the two months of data input we have in place is all we have for this company file January and February we exported it to Excel but not in an income statement format but rather on the trial balance because the trial balance doesn't have all the subtotals down here so that we can easily clean it up and just have a very basic income statement without all the subtotals in it we exported it to Excel cleaned it up so it looks like this and then we projected out into the future starting out by taking those two months kind of imagining that they were actually the prior two months like December and November of the prior year and then projecting them out to a monthly basis for 12 months as the starting point taking these numbers divided by two since this consists of two months and then we went back into it and got a little bit more complex with our budget thinking about what changes might happen for things like people just getting recognition advertising taking place differences in our sales prices and so on and so forth differences in the economy and whatnot now we're going to take this information that we have and put it back into QuickBooks to get back to what QuickBooks is good at so we're going to go to the first tab to do that and note that if you're a bookkeeper or something like that this is where the budget if someone's asking you to do the budget then it's something you've got to say hey look I've got to work with the owner in order to do the budget because you're the one planning the company I'm the one entering the data input the plan I provide the financial statement information I can make a basic budget based on past history but obviously again the budgeting thing takes into consideration management of the company or the owner of a company if it's a small company with an alignment and conjunction with the accounting department so the accounting department can provide the data and then also possibly help to format the budget and then get the budget back into the system so that we can then do budget reports budget versus actual reports as time passes being one of the main reports we will use so to enter the budget now going into the cog up top in the first tab and we're in the tools area we're going to go down to the budgeting budgeting and then we're just going to add a budget so we can add multiple budgets we're going to add the budget here and we're going to say this we can call it budget number one budget one I'll just call it and it's going to be for the fiscal year it's going to be for 2022 fiscal year let's run that and then you got the interval on months so you could run it monthly you could do a quarterly budget if you want to see it on a quarterly basis and you can see obviously the items below changing as we go through these you could do a yearly budget most common most likely would be the monthly budget so you could track this information on a month by month breakout pre-filled data like the 2022 data for example or you could take like the 2021 which would be common taking the prior year data as your starting point going forward but again that's just a real basic starting point so if someone did ask you for a budget and you're like you're the accountant and they want a budget well that's what you would do you would take the prior year data and say I'm just going to make a budget you could do that quite easily but it's not a very detailed budget so what we're going to do is say we don't want any of the data because we want a fresh starting point and put in what we put in place with Excel and then it says subdivide don't subdivide or customer I'm not going to subdivide here so we're going to say next and so now we've got our data input field and we can these are a little bit funny the way they kind of move around but not too bad so we can put this data in the system now so this will be a bit tedious with it's a lot easier with two screens so I'm going to actually go through this one by one so we've got the billable items up to one thousand or one hundred billable now if we just copy it across that makes it nice and easy I could just basically copy it across and there we have it we don't have the other kind of formats that are as nice to like multiply it across or something like that in the online version they do in the desktop version so I kind of wish they would pick that up on the online but in any case I'm going to say that that one is done I'll make it green for it being done let's mark it off as green here and then we got the equipment is one one three zero let's see if we could find the equipment there one one three zero one one three zero now this one we're going to say that it's going to increase by that ten percent and notice again it would be nice if I could take the prior sell over here and then multiply it times the ten percent they don't really give us that option so I'm going to actually have to fill this in manually and say okay that means that this is going to be one one eight seven about there's rounding involved one one eight seven tab and then go and say okay the next one is one two four six this is a lot easier with two screens one two two four six and so on and so forth I'll jump forward so now I've entered it for the whole thing here and so you got the totals at the seventeen nine eight which ties out pretty close here it's going to be off by rounding because I've got pennies seventeen nine eight eight so that looks pretty close so I'm going to say good enough for the budget sales of product income twenty nine two two six so sale of product is going to be down here I'm going to skip a few twenty nine two two six now note QuickBooks is going to have all these other accounts involved here because remember they have that huge chart of accounts that we didn't really clear out so you're going to have all these other accounts that we kind of have to deal with as we go through and so that's why it's kind of nice to one reason it's kind of nice to clean out the chart of accounts for those accounts you're not using if you're going to be budgeting here thirty two one forty eight so we got to do the same thing because it's not the same thirty two one forty eight so I'm going to copy this across so the whole way same kind of idea so after copying that across we got the we got the six twenty four nine nine six so we just entered these one by one from the table these numbers here and then I'm going to make that green next one is the services which we increased by a thousand that'll be a little bit easier to do four thousand one fifty is our data input so this is going to be the service items right that's what I said it was isn't it service four thousand one fifty four one five oh and then I just increased those by a thousand so five one five oh tab tab six one five oh right that's the trend I got here gun yeah some message seven seven one five oh and then eight one five oh nine one five oh and then one oh one five oh and then one one one five oh and then one two one five oh and then one three one five oh and then 1 4 1 5 0 and finally 1 5 1 1 5 1 5 oh getting us to the 1 15 8 and the total does that tie out to what we've got here 1 1 5 8 it does in deed it does indeed that's what counts the deeds the deeds done and it ties out 22 9 7 7 22 9 7 7 cost a good sold the expenses by the way should be a lot easier because we're just going to copy those across most likely so the so what am I on I'm on the cost of goods sold so we've got all these other accounts for the income and then they got other income up top and then the cost to get sold which I'm just going to put into this line item just for the cost of good so they got sub accounts for the cost of good sold I just want the cost of good sold that's it 22 9 7 7 starting point 22 9 7 7 this one changes as we go across to I think it increased by 10% so I got to do it one by one so I'll do that myself so on the second one we've got the 20 25 25 275 and then I'll keep on going across so the total here on our worksheet is is going to be the 491347 we entered these just one by one in and so that's going to be the total 491347 I believe is good so let's go back to the worksheet then again make this green so now we've got the bank fees 18 this is going to be all the way across so I just got to find those bank feeds and it's kind of funny this one kind of hangs around there which is a little annoying but whatever so I'm looking for the bank feeds which is there they are they're under the general so I'm going to say this down here is going to be the 1 8 so just 18 otherwise no one is 18 copy that across so nice and easy next one is the insurance which we did something funny for so let's find the insurance so the insurance I think they had their own little sub category for the insurance general there it is so I'm just going to put it here in the insurance and then I said insurance we're going to put in there on February and September 6000 so February 6000 and then September 6000 so there we have that so these two are that insurance is done and then we've got the internet expense 90 across internet expense where did we put that one where is it located there it is internet expense and now I forgot the number was 90 90 across copying it across that looks good so I'll make that green and then we've got the payroll taxes and wages which had a change like in the middle over here so payroll taxes and wages I'm going to go down and say that payroll payroll so we started with the taxes so I'm going to copy it across and then I'll change it 972 for the taxes 972 and then it changed in the middle of the year so I'll fix that in a second wages we're at the 1396 no not 13 hold on the set taxes were 486 and then 6983 486 that is this should be 486 and then copy that across and then this one is going to be 9683 9683 for the wages 9683 9683 copy it across and then we changed it over here we said we're going to level up and give some raises or higher people in July so it's going to be 7682 in July for the wages so July I'm going to say that hold on a second did I do it wrong again should be 6983 6983 sorry about that 6983 okay copy that across okay and then we changed it in July 7682 July is here 7682 copy that across for the rest of the year and the related taxes at that point 535 535 we're going to copy that across 535 and copy it across okay so I think we got that one in place the totals are on the 6186108 and the 8799 let's just check that we got these 6128 and 8799 I think that's right so I'm going to go back on over we can always double check it and fix it if there's any errors so if I make any errors it was totally intentional so we can we can demonstrate that now we're looking for the supplies let's look for the supplies there they are here I'm going to put that in January so we're January supplies and that's going to be 350 350 for the supplies 350 copy it across so we'll copy it across hold on a second it's frozen there it goes there it goes okay and then telephone telephone is 385 so we're looking telephone which is right here was it 385 or I'm looking at the total yeah 385 did I change it no 385 385 how many times how many times do I have to say it that's what it is let's make that green utilities we're going to go down to the utilities 634 634 on the utilities there it is make it go down 68684 utilities copy that across so there's the 634 not 684 634 634 that's what it is okay let's make that green there's nothing on the game that's good depreciation 1 2 3 6 on the depreciation so we'll find the depreciation where did that go they actually put it down here and other I don't really like it down there personally but we'll put it down here for now we might have to change that I'm not happy with that to 1 2 3 6 1 2 3 6 they might do that because it's a non-cash item to say it's not a cash flow item possibly but still that's not that's not normal accrual stuff I don't think so whatever so I'm going to make that green and then we've got the interest expense interest expense which I put into other so interest expense is going to be down here and so we're going to say that that's going to be 334 334 we'll copy that across and then finally the last one we're going to have to do something different with is this the last one miss miscellaneous actually know the interest expense we changed making it go down by the 0.95 of the prior one so we're gonna have to change this all the way across so I'll do that here okay so I've entered those in the total comes out to the 307 3 we increased it point that your point we decrease at 0.9 for 5% of the prior period 307 4 so there's a rounding difference and that's okay and then we finally got the other miscellaneous which also was put down here so I'm going to say that that's going to be then the 75 across 75 and we'll just copy that across okay so now I'm going to save this I'm going to save this and we're gonna want to of course double check it we could kind of check it out here we can look at our totals down below but it might be easier to just generate the report check it and then if there's a difference we'll go back into here and change it so we're going to close this out for now I think it might be easier to actually run a report we'll do that next time by going to the the items up top going into the reports on the left hand side I think it's easier to find easiest to find them by just typing in budgeted reports and then the budget overview is the standard report that we can kind of compare our numbers to most easily closing up the hamburger and so now we've got our budget report that we can check our numbers on and if there's any errors or any problems with it we can then go back into the data input for the budget which is in the cog up top and then we go into the budgeting and then we can choose that particular budget notice you can make multiple budgets we can edit this particular budget and then make any adjustments we need to do we'll continue with that next time so if I have any errors here if you say hey there's a problem you missed it something we'll take a look at it next time and in any case it's really just kind of a practice problem to see what the data input process would be with our with our mock data so bear with me if I've got any any issues or errors at this point in time we'll continue with it next time


Four minutes to go until the start of trading and you got a mixed market so far S&P's positive by three points. We take a look on a 15 basis early this morning. We're up at about 4550 Europe opens you trade lower. We jump back to that price point at about 8am this morning and we've seen a little bit of negative action over about the last hour or so. We jump right over to Europe right now. You're talking about a Europe Dax down one tenth percent footsie basically flat cow coral positive by one tenth percent over in Asia the Nikkei is positive by a quarter percent Shanghai positive by almost one tenth percent right now hang sang positive by 2.1 percent over in Asia our markets pretty mixed to kick things off Dow in negative territory right now you get the Dow trading down 27 points right now jumping around what else I got pulled up here excuse me yes we have Bitcoin a little bit of volatility on Friday man down to 44,000 we finish at about 46 five check out the action last night Sunday evening from 47 five down to 46 we're sitting right there down 400 bucks technically at 46,000 crude catching another pop 102 67 not good stories just from a humanity perspective coming out over the weekend be interesting to see what happens there more sanctions potentially on the table and there's only so much you can sanction until European energy and gas that they are buying from Russia is on the table that might be it oil up another three dollars and 38 cents were back above $100 102 64 the price for crude right now gold catching a bid up $15 right now gold check out the action on gold they were in the Tigers den last night same man what's going on you got gold in negative territory yet again but guess what not so fast gold charges higher were up $15 on the session up eight tenth percent at 1939 and we jumped to notes and bonds right now you're positive by four ticks right now in the tenure you're talking about a 10 year right now with a yield jumping over 2.37% the yield on the 10 year were positive by four ticks right now but you take a look at this thing now we were already in quite a trend for lower prices and higher yields this thing really breaks out of that trend on March 7th you trade from 129 basically down to 121 eight full ticks we've bounced a bit I've said it before even if you get a bounce up to 124 folks that's just the 382 of this move that we had since March 7th not even a month ago that that thing began but nonetheless somewhat near lows as we're coming into a fed hiking cycle that seems all but set in terms of economic data on Friday non-farm payroll strong data indeed and inflation will be the next one that we take our eyes on CPI I believe coming out next week for CPI data all right jumping around to what we have going on I'm gonna kick things off with Mr. Elon Musk and not the stock you'd think but man talk about the headlines 9.2% stake in Twitter be interesting to see how this shakes out in terms of what his goal is when you're worth hundreds of billions of dollars you have opportunities that most people don't Elon almost takes a 10% stake in Twitter I believe that's about a 2. something billion dollar position 2.89 billion dollar position now for some context what's that one one hundredth of his net worth almost that would be like somebody that's worth a million dollars taking a $10,000 stake in a company basically pennies and it's gonna allow him some serious control and we'll see where he goes at least control in shaping the conversation not sure he has control of the company but he is gonna have control of shaping the conversation when you have a 9% passive stake okay the biggest shareholder of the company hinting he might shake up the social media industry watch out folks Twitter's rocking today musk 50 years old and just last two weeks ago talking about free speech of course Twitter always in the press but nonetheless gonna be interesting to see how that shakes out the announcement will be yet another major test for their new CEO who replaced Jack Dorsey after he unexpectedly resigned in November see at the CEO stepping down in November Dorsey who started a new CEO in there and now he's gonna deal with the maybe the greatest Twitter troll of them all Elon Musk taking almost a 10% stake biggest shareholder in that the company set ambitious goals for growth including increasing annual revenue to 7.5 billion and 315 million daily active users by the end of 2023 yeah this thing's been in a little bit of a slide but nonetheless we'll see where we go interesting stuff unclear what musk is planning with this state the filing with the SEC shows the date of the event the trigger the disclosure was March 14th the type of form used often indicates the investor isn't seeking to acquire control of a company or influence who controls it I would take issue with that considering he's obviously looking for influence if you just look at his Twitter page in any recent capacity but if you along Twitter over the weekend you're getting paid today man check it out you're gonna pop to 47 okay we were above 51 that's bringing us back to basically November it's been quite a slide from $70 in October down to 31 bucks now again March 14th or so talking about 32 bucks there I wonder where he was getting in Mr. Elon Musk it's really remarkable when you know that he has the following he has and you have to know that he's not manipulating markets but in trading markets they're being manipulated because you have to know that you're gonna take a 9% share and you're gonna tell the world that stock is just gonna pop dramatically and there it was this morning from under 40 to 51 20 right now you're up about $8 more than a 20% pop on Twitter shares let's just see how some of the other social medias you got Facebook trading a little bit higher with the market right now snapchat a little bit higher as well that's gonna be an interesting one to see how it shakes out to see what he plans to do with that 9.2% just from a curiosity standpoint I would not be in that equity I definitely wouldn't be touching it without any defined risk and options premium now probably through the roof we'll see how that trades on the open all right let's jump around to what else we have going on Starbucks so it's talking about Starbucks Howard Schultz he takes back whoops there there we go the interim CEO role we've talked to our man Kevin Hinks many time he made the great point saying man what's going on how do they have no succession line whatsoever where you have the CEO stepping down the founder and chairman basically has to jump back in he's had to do that before it nonetheless he has a pretty great track record to turn this company around the market probably okay with that we take a look at Starbucks shares for some common context here SBUX now they are trading lower but that just may have to do with China or something going on no excuse me that doesn't have to they have to do with the story I'm about to talk about right now which is they're not doing buybacks anymore up to 126 this year on whether it's the market whether it's China they do a lot of business in China 116 down to 80 you're back to 91 now they are suspending buybacks we're suspending its share repurchase program with Schultz at the helm the discovered decision comes as Starbucks faces a Union push for them its baristas baristas did not buy back any stock in fiscal 2021 but it recently committed to spending 20 billion on buybacks and dividends over the next three years so much for that that has the market trading lower first day back in the helm kicked off with an announcement that they're the suspending stock buybacks to invest back in operations here what I'll here's what I'll say about this this guy's turned this company around before if you're a trader yeah that's an unfortunate development if you're an investor all right I think there's nobody that I'd rather trust and that's from a very far off distant view of Starbucks folks than Howard Schultz so maybe he's got a good plan we'll take a look at it again as we come back for the break stay tuned folks we'll be right back 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 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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 back folks we get the S&P is positive by six points right now jumping back to Starbucks real quick so excuse me Schultz only in there on the interim role they talk about unions in here but in general folks I would guess that he is just making sure that they are financially secure right now at a period of extreme uncertainty and volatility many times you know there's so many times I mean share buybacks are just dividends folks they're quick cash out you really believe in a company and they need to spend some money to compete you want them to spend that money if you're a long-term shareholder I've said it before Walmart needs to spend a lot of money right now to compete with Amazon they're not doing the job I've gotten deliveries from Sam's I've gotten deliveries from Walmart subpar up to where Amazon is that's an instance where you don't want short-term profits you want the company to invest if you're a shareholder in the longer term perspective I imagine there is a reason folks that that is happening and we are coming into an extreme period of uncertainty and Starbucks has a tremendous amount of business in China so is you know China zero COVID policy going poorly to say the least that could be contributing to part of that as well but nonetheless $20 billion in buybacks not happening under his reign and it will be interesting to see how that changes in terms of he is going to have a role in choosing his successor folks so if he thinks that buybacks are not a good idea right now that at least is going to be in play with whoever's coming in after him all right jumping from Starbucks to Nike how about tiger we got the masters coming up tiger still not sure if he's going to be playing he's trying to get it together he's still dealing with some negative injuries but he's not wearing Nike shoes what is up with that speculation swirling as to why tiger wasn't wearing the iconic Nike swoosh on his feet he's wearing foot joy instead wearing a pair of black foot-joyed premiere series Packard golf shoes they're owned by another publicly traded company not familiar a cushion it yeah affiliated since going pro in 1996 1996 up in Boston one of his amateur championships what did he win two or three amateur championships already making names for himself for when pro one of those taking place at the Wallace in golf club up in Milton Massachusetts so he was up there when he was man 1415 years old crazy what do you think about how far back that is like all fans around the world were delighted to see tiger back on the course Nike said in his statement incredible athlete phenomenal to see him returning to the game at this level and yeah and they had no comment from foot joy that's going to be interesting to see how it plays out he basically built Nike into the powerhouse they were in golf everything went away of course but yeah interesting to see how that plays out with no real announcement you know there's something going on in the background with that much money at play all right let's jump around to some of the other equities that are trading with moves this morning we're going to jump down the line you got the china stocks moving higher seems like China might be trying to get them the ability to be listed not sure that's going to happen though man I mean you know there's a lot going on in the accounting of those Chinese firms and I don't know seems like that seems to be the market consensus I still wouldn't trust them no matter what if they're putting it out that's the tough part of that we go over JD.com you want to talk about some accelerations off those lows man from 41 to 59 this morning though you train back to 62 we take a look at Baba Ali Baba from 73 at those lows that we had March 15th this morning you're to open about 150 now I talked about this last week if you're looking for a trade man I mean this channel line we got going in Baba put it on a three-year weekly you're talking about going back a year and a half ago October of 2020 well-defined yeah you got a little bit below it a little bit above it keep your eye on it and we're still just right at that price point back to a daily to see the price action we're talking about right now 115 still well below you're talking about 118 is the upper boundary right now of that channel line for Ali Baba shares but they're all trading a little bit higher on the prospect that China proposing revised convention confidentiality rules regarding audit oversight that's just a tough one for me to think that the Chinese leaders over there I'm gonna relax confidentiality rules regarding audit oversight nonetheless so Hertz yeah I think I got this one pulled up here as well check out this one they're going all in man and I think it's the right plan Hertz plans electric car fleet expansion with 65,000 pole stars the five-year deal will give renters an alternative to Tesla they're gonna buy 65,000 electric vehicles from Polestar over the next five years a bet that it's renters are both EV curious and eager to drive brands beyond Tesla yeah I would say that they're right man I mean everybody it's usually not an enjoyable experience thinking about the car that you're gonna get when you go to rent one right well they're changing that so the cars from Polestar that's an all-electric automaker controlled by Volvo and its owner will join some 100,000 Tesla vehicles that Hertz said it's buying in a 4.2 billion dollar purchase announced in the fall they got interim CEO said Tesla was the only company that could reduce EVs at scale not so much the case bulk deals give the rental giant a steady stream of some of the most coveted battery powered cars yeah I mean how are you gonna keep up man there's only so many electric cars out there that they're pushing out you can't buy that many fleets I mean the production goals only call for an output of 290,000 EVs a year by 2025 that's Polestar but they're gonna take 65,000 of those vehicles over the next five years which is their whole delivery vehicles for this year currently it's a lot of vehicles the Tesla partnership fueled a more than 30% spike in the car renters shares yeah Hertz has been one of the craziest stories over the pandemic they go BK and they trade in positive territory and the people that bought that stock when the stock was going into bankruptcy actually made money because guess what no stronger position than coming out of the pandemic as a rental car company when everybody wants to rent cars sticker price for the Polestar to 45 nine meaning the deal would generate almost three billion in revenue of Hertz pays at or close that price I mean Tesla said they weren't given a deal many times these companies it's not like the fleet vehicles of Toyota or Chevy or whatever it is they just don't have that many cars they can't give them huge discounts when they don't have the type of supply that would allow them to price cut for discount because they have to sell the cars anyway they could probably sell them anyway because they're producing so few cars nonetheless that's where the industry is going and how are you gonna compete right how do the other companies compete hurts separating themselves as the premium brand that they kind of are known as of now and kudos to them for getting it done because anybody could have done it takes billions to do it but they're separating themselves yet again they've always been the premier rental car company and it seems like they're doing it yet again even as electric vehicles take off okay jumping down the line here so a couple I want to get to Logitech and Crocs so Logitech gets an upgrade from buy excuse me to buy from neutral at Goldman Sachs recent strong financial performance from the maker of computer mice keyboards and other peripheral devices Logitech's a little bit higher and then we're gonna jump to Crocs so Crocs is a little bit lower loop capital downgraded to a hold from buy slash the price target to 80 from 150 sentiment on the stock has shifted putting it in the COVID winner category if you've watched fast-market folks from TD Ameritrade Network our man Kevin Hanks Tom White outstanding program at noon Eastern time Kevin Hanks not a personal fan of the Crocs brand man you talk about that one man from 183 in November down to 66 but this thing has had quite a run you put it on a three-year weekly you're talking about COVID those eight bucks you come talking about coming into COVID at 40 bucks okay out of curiosity what are we talking about you're sitting right at the 618 I love when that happens folks you're also to an area where you consolidated this a weekly chart so you're talking about two to three months in consolidation from the beginning of 2021 in February you break out of that consolidation the late part in April you're up to 183 you're back to the 618 of 75 bucks your couple bucks low to 73 now they revised their price target to 80 from 150 while you train at 73 stay tuned folks we're gonna finish with Crocs we're gonna look at Logitech I'm gonna pull up Nike excuse me Starbucks one more time as well we're right back are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tigers Den trading room only at tfnn.com the Tigers Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself 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the markets for stocks just beginning to form the trading patterns that many investors spend days weeks or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're gonna love this new charting software that will even give you a 30 day unconditional money back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting tfnn.com this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com back folks we got markets open and you got the S&P's opening things up two points right now Nasdaq 100 positive by 46 the Dow negative by 73 jumping right back to Starbucks real quickly so I'm gonna pull up Logitech I'm gonna pull up crocs as well those stocks right back to their six one eight and folks if you're looking at Starbucks all right yeah you are negative by 3.6% today buybacks not happening not a huge move now this is a weekly all right yet quite the move yes last week when you traded from a low of 86 up to 92 closes out at 91 49 you basically give it back this week you did trade down to that 618 that's what I'll say 79 13 about $80 the nice area of that $80 area in Starbucks correlates right to the area that you had a little bit of resistance in 2020 you're back to that area in a remarkable right Starbucks back to an area that you were trading in in April of 2020 on that flash low but nonetheless if you're looking to get in Starbucks not sure you necessarily begin it right now at the market sitting at 45 38 but you could begin to scale in and $80 would be a very attractive area area for Starbucks Logitech looking good to I mean you got a pullback right at that 618 correlates right to the area that you pull back a little bit in 2020 as well you're back to that area of about 73 bucks now Logitech is getting a bid of 4.2% they've got a couple upgrades recently though maybe it was the beginning of January 24th that they caught a bit let's put it on a daily because they have gotten a couple nice accelerations on this equity no that was on their earnings on January okay maybe it was back on February 24th where they traded up $5 or so there's been some big market moves as well but a couple different analysts out there really putting some good calls on Logitech and yeah you take a look at where we are always nice when you line up on a nice 618 at least you have a trading plan because you trade below this and you better believe the 50 bucks is in play and you're trading at 75 bucks that's a 33% pullback but it was a straight shot man from 31 bucks up to 140 you've given back a 618 of that you're sitting right at that price level and you got analysts upping the anti on Logitech shares now for crocs right there again yet again right there's your crocs action you're sitting right at a 618 of 74 bucks almost to the ticker where you are you can see you down 2.3% on crocs right now you were trading at 183 and again though you are into a previous area that is possible support or resistance turned into support in this instance you're in an area that you chopped around in from about February to April now here's what I'll say again maybe a scale in maybe you scale in and you take a stop if you don't want to hold this thing because if you trade below this price level pretty similar action for crocs maybe you're trading right down to the 786 which is the beginning of 2020 puts you at about $44 for crocs the 786 is 45 and you're sitting right at the 618 right now $74 for crocs all right as we say that markets rolling over a bit S&P is now negative by 2 jumping around to some of the other headlines I had pulled up here before we jump around where's our man Jamie diamond there he is diamond now he's just speaking what we should all be understanding folks how about a confluence of inflation the Ukraine war made dramatically increase risk ahead for the US excuse me I would say that it has already increased the risks okay whether those risks play out is another instance whether those risks become reality is another instance but the risks are already there folks the confluence of everything going on okay that you have a war going on that is impacting energy prices and also in impacting food prices dramatically okay whether it's wheat right whether it's some of the oils I've been hearing about what is it sunflower oil or one of the oils that they control a lot of different parts of our food chain remarkably coming from Russia or Ukraine all of that added on top of the imbalances that are currently in play because of covid you better believe it's added to it so JP Morgan identified three forces that are likely to shape the world over the next several decades a US economy rebounding from covid high inflation that will usher in an era of rising rates and Russia's invasion of Ukraine and the resulting you humanitarian crisis I'll add on to that Russia's invasion of Ukraine and the shifting of balance in Europe from where they get their energy that's going to be something that plays out for decades okay the rebounding from covid hopefully that doesn't play out from decades as in hopefully we rebound over the next year or two and get over some of these imbalances hopefully the high inflation doesn't play out for decades but Europe and their dependence on Russian energy will change for decades we'll see if it changes after that but it is going to change it's already changing and the stories of war crimes massacres out of buka is that how you pronounce it just very very dramatic very sad from a humanity perspective and at some point it will be on the table you know Europe Germany they resisted the need to stop buying Russian energy because that would actually hurt themselves more because they rely on it so much which is just a headscratcher but nonetheless everybody has a breaking point and boy you see more scenes like that just potentially civilians getting shot and killed and wiped out genocide whatever you want to call it man just wiping out civilians in and is the allegation you know we'll say it lightly yeah everybody has their breaking point so oil higher this morning that is going to play out for a long time and yes the risks are obviously elevated when you've got inflation off the charts and everything else on top of it okay what else we got going on elon is in the news not just for his twitter aspirations and while we say that let's jump to twitter real quick and see how they're trading on the open with the new largest shareholder mr elon musk there's a pop for you now again keep it in mind you're just back to where we were folks which is basically the bottom of the area of 2021 but man elon getting in at some good price action for twitter at thirty two thirty one bucks i wonder where he got all that price action in terms of where he actually bought twitter's up to 48 up 23 jumping over to tesla shares basically flat now we pull up a 15 minute you were higher you sell off a little bit on the open tesla uh deliveries going well shipments better than feared was one web bush analyst first quarter is exceptionally difficult is how musk surmised it they were higher they delivered excuse me they shipped okay they shipped 310 000 vehicles now here's the tweet because i believe they they made 305 or something something like that let's see what they did here we go so they delivered 310 000 cars worldwide uh slightly edged out expectations so they were they were looking for 309 158 cars shipped how do you how do you peg it to the actual vehicle you know they're not looking for 309 000 they're looking for 309 158 vehicles and musk edges that out by less than a thousand but they got it done uh and where did they make come on i had the number of vehicles they actually produced which i believe was 305 nonetheless there it is the company produced 305 000 vehicles for the quarter so they ship out just above what they had produced there and nonetheless strong numbers for tesla they're trading flat right now but tesla has had quite the acceleration recently you put this thing back on a daily you talk about an acceleration man with the market from march 15th at 756 you trade up to 1100 i'm going to back off the longer term i'm going to back this off since we're way above that price level and just looking at possible moves on tesla you're talking about 977 100 bucks below where we're at right now and that's just a 382 in a positive move higher i mean some of these moves as we come into this break right now you got arc talking to some friends about arc man boy quite the sell-off from 124 down to 51 you back this up for the three-year weekly to get the 159 high from 2021 yeah you got a bounce man but you got a bounce off some pretty small numbers 69 bucks but you're up 2.5 percent nasdaq catching a bit up a hundred apple shares up 1.2 percent right now look at that pop stay tuned folks right back to three minutes are you in the market for buying or selling real estate in the bay area including the surrounding st petersburg tampa and clearwater markets tiger real estate llc is a firm that has extensive experience in the tampa bay area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property tiger realty has the experience across all areas of real estate in the tampa bay area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call tiger real estate llc today at<PHONE_NUMBER> or email us at tiger at tfnn.com 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open on google google up 1.6 percent right now we just traded up 2810 to 2860 i brought up apple before the break apples up 1.2 percent right on the open these stocks accelerating higher microsoft shares up about 1.4 percent right now and you got the nasdaq 100 catching a bid we got the s&p's flat you got the dow off 140 and they get the nasdaq 100 now up eight tenths percent prudes up four bucks to 10326 right now and we jump to notes and bonds uh we got basically flat action the tenure pulling back we were up at 12212 just like that we're at 120206 right now on the tenure uh jumping around to tiger i mentioned tiger and they're talking about uh as i had mentioned tiger with the that he was in melton mass for the wallistan country club looked it up 1992 he was there he's 12 years old uh he won his second us let me get it right make sure i'm doing it yes 1992 so i'm looking at it he won his second us junior amateur now it's interesting here is here's an article from the la times okay dated august 2nd 1992 almost 30 years ago there you go uh tiger fights back to win the junior title in golf two holes down with five to play i mean this guy's got drama all his life man um just just i wanted to bring it up because it's amazing we all forget basically how great tiger is man in terms of what he done six times okay six times he won the usga title he won it three times as the junior amateur champion okay 1992 was the second year that he won the usga amateur junior champion okay and what this article i was looking at they they look at the six people six men that he beat on his way uh mark wilson was one of them in 1992 riot armor tripp cooney buddy marucci and steve scott so those were the six people but he won three amateurs for the juniors and then went on to win the three amateurs and then went pro uh 12 shot victory at the masters and a 15 shot victory at the us open just some of his major titles 15 shot victory at the us open 12 shot victory at the masters it seemed normal when tiger was doing it but to beat an entire field by 12 or 15 shots uh just crazy pretty cool but yeah so that that was 1992 melted massachusetts at wallistan golf club uh he birdied the par 5 16th hole to even the match and won on the 18th hole with a bogey 5 uh interesting six times and nobody had even come back to back for the amateurs they said something like since 1971 prior that nonetheless thought it was interesting can't believe he was at wallistan golf club 30 years ago i remember that uh my mom got me a autograph signature of tiger man where is that one from 30 years ago all right jumping back to the market where do we go to let's kick things off what are we talking about uh in terms of what we have coming up this week so we got fed minutes we're gonna have some earnings coming out as well pulling up the calendar in terms of what we have happening we got some of the companies excuse me we're going to get fomc minutes fomc minutes on wednesday okay so that'll be one to keep your eye on man uh seems like it's going to be all eyes towards potentially 50 basis points uh coming at you in terms of earnings we do have kenegra on thursday we get constellation brands on thursday as well um but we're in a little bit of hiatus before the banks kick things off in a couple weeks we jump over to kenegra c a g as their symbol i believe a little bit of a drop off so this is interesting action man we got the dow selling off big you got growth stocks accelerating higher it's not like yields have moved dramatically but nonetheless growth stocks really catching a bid right now as you get the dow pulling back i mean look at kenegra down 1.7 percent right there we jump to constellation as i said constellation getting a drop off of about a percent to 231 from 238 look at this action man wonder what's driving that one what is going on with constellation uh here we go morgan stanley adjust constellation brands target to 294 from 299 that's pretty yeah no huge single class no huge action now constellation their earnings yes they are they're going to be out thursday about an eight dollar stock now constellation they make a lot of good wine they make corona beer i do have some constellation of retirement account you put this thing on a longer term chart back to where you were in october of 2020 right this area uh we've chopped around to the three a two twice if you're looking to get into constellation keep that one on your chart you're talking about 212 right now constellations at 230 right now high of 258 back in the beginning of the year uh nice area of about 212 if you get back down maybe even 210 on constellation if you're looking to get into it that that thing has found a bid going back to the beginning of 2021 basically and they do have exposure to the cannabis stocks as well speaking of cannabis stocks oh i may sneeze hold on excuse me okay um allergy season still in full bloom in florida if you're not aware of it uh constellation so uh cannabis legalization we'll see if it plays out folks but man we do have some constellation in my newsletter rocket equities and options we got into it basically at where it's right now uh let me go back 10 days to get the exact we'll go back 20 days i think we got into it uh march 23rd or march 22nd some decent action okay that all accelerated higher on the potential news of a house just just the plan of the house having a vote on legalization so that vote does pass i think they call it the morack something about legalization here's what i'll say folks all right things get partisan both parties have good ideas on on different friends in some capacity i do not understand why republicans think that pot is the devil and should be illegal i mean how this lines up on partisan walls i don't understand i don't it's a shame you got a bunch of people you know in jail for for nonviolent pot offenses i've gone through medical cannabis like in florida it's basically just the privilege of paying to make pot legal you got people that are poor that are getting locked up all over the state that just can't pay the fees to a doctor for your prescription right you got to pay for a prescription you got to pay for your doctor to give you the prescription you got to pay a yearly fee to get your cannabis license renewed there's all these fees that you just got to pay for something to become legal and if you can't pay it then it's illegal and the state will lock you up that doesn't sound uh like anything that i want to be a part of folks and that's unfortunate how it's coming down nonetheless back to the pot stocks they have a long way to go all right it passes in the house and as we've said good luck in the senate right now we'll see if that happens and even if it gets to the president's desk we'll say is president biden he's he's one of one of the democrats is uh not a fan of this as well or at least it is is uh further off of the spectrum than than wanting to legalize cannabis it's a bummer you know the trend is going in the right direction but it's just a bummer how long some of these things take to short themselves out and yeah cannabis stocks we're in this thing this is a trade we're looking for some short-term action we're still riding it out um but be careful in this thing because there is the possibility it goes back to zero and i think we put our stop somewhere below the previous lows five forty nine something like that if you're in this equity because i wouldn't let it go to zero because it's possible folks uh anytime you got an equity even if you believe in the industry that you're trading like this that you're trading like this from 5650 down to five bucks you better believe that zero might be in play all right stay tuned folks we got one more segment you got the s&p's up five you got the growth stocks rocking man let's put this back on a daily you get the nasdaq 100 up one percent right now you got apple up 1.6 right now apple making a pop towards three trillion yet again microsoft shares up 1.6 google shares up 1.6 2.1 percent we'll be right back sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at 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 you might think that 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tfnn.com welcome back folks amazing market right now you get the s&p's up nine points just jumping around i pulled up all the fang stocks amazon up more than a percent right now as well some of the stocks have really been hammered draft king's up six percent right now that's a stock i do have some slight exposure folks talking about retirement we are not in this in my newsletter but i'm looking at it man uh you're talking about draft king's i've talked about it before okay we're talking about a company right now valued at come on eight billion dollars they have a substantial upside folks if you have a long-term perspective the other one that does jump out as well as roku all right you're talking about a company that was below 100 bucks at one point you're now valued at 17.7 billion dollars okay yeah you did get below 100 bucks as recently as march 14th you're at 131 17 billion dollars folks the reach they have controlling the top set market to streaming very attractive area to be in to control those avenues to streaming considering uh the pocketbooks of the streaming giants out there uh jumping around so what else we have going on folks i encourage you to get into the tiger's den if you haven't yet the new youtube tiger's den over at discord right on the front page of tfnn got a couple hundred people in there already let's see how many we got live in there right now folks if you're not in there right now we got 84 members live right now let alone the people that signed up that is live active in the room as we speak chatting uh and what we also have coming up next week our man basal chatman he's coming up next for the tiger technicians our folks he's going to be doing a live subscriber webinar there this is for opening call subscribers only okay not to confuse the two you do need to be a member of the opening call to attend basal subscriber webinar okay the cool part about it though is we are going to be doing that webinar in discord all right an outstanding platform and piece of software basal is going to be able to basically share his screen interact with all of his subscribers the cool part about it folks is there's no more downloading hotcom there's none of that all right if you're not in the tiger's den you will need to download discord and create an app but if you're already in the tiger's den if you're already in our discord it's as simple as we tag you as an opening call subscriber and you are just clicking a different button if you're in there already folks you can see the section that's ready basal live trading webinar there's going to be a chat area for that webinar there's going to be a voice channel for that webinar you got to sign up for it it's a week from wednesday okay but check it out and check out the tiger's den no matter what for a dollar folks and check out basal coming up next with a positive market man s&p's up 16 nasdaq up 177