Welcome to the NTN Nightly. I'm Nisha Charles. This edition stops stories. St. Lucia takes steps to address the economic welfare and social well-being of involuntary returning migrants. The OECS lands are University of the West Indies campus. Using tourism as an economic development tool, all that plus the latest in youth development, sports, and the NTN Nouvelle Arquéon. The government of St. Lucia is taking steps to address the economic welfare and social well-being of involuntary returning migrants. Through the African, Caribbean, and Pacific ACP EU Migration Action Program, the Department of Home Affairs and National Security was presented with technical assistance products in support of involuntary returning migrants. The ACP EU Migration Program funded by the European Union provides technical assistance to African, Caribbean, and Pacific groups of states. The program, which is being implemented by the International Organization for Migration, provides assistance on five thematic areas of migration, remittances, visa, readmission, trafficking human beings, and smuggling of migrants. On Wednesday, June 26, a draft national policy and plan of action in support of involuntary returning migrants to St. Lucia and a case management database on readmission and reintegration of these migrants were presented to the Department of Home Affairs and National Security. Jermaine Grant is the program officer for the Caribbean ACP EU Action of the International Organization for Migration. The ministry posited that being the Ministry of Home Affairs just as a national security in their technical assistance request to the program that involuntary returning migrants, as mentioned often called deportees, are challenged because of societal perceptions and stereotypes that compound some forms of stigma and discrimination against them. The results are IRMs involuntary return migrants encounter difficulties during the reintegration process irrespective of whether they had familial connections in St. Lucia and irrespective of their ability to provide for themselves and dependents. Grant said that the draft policy and plan of action should serve as St. Lucia's international commitment on migration management in the context of the United Nations Sustainable Development Goals SDGs, notably target 10.7, which commits states to facilitate orderly, safe, regular and responsible migration and mobility of people. A migration expert with the International Organization for Migration presented some of the data. So what we know about that, it's like 64% of those are coming from France and mainly from Artinique. But it's important to highlight there's a quite a significant portion coming from the Caribbean, which is 9%. That speaks about when we look at the regional on the region and also the regional treaties of free movement. It's important to take consideration of that. And in terms of the reasons of those readmissions, it's important to highlight that 77% are related to immigration violations. And this is very important because soon or later the government will be able also to illustrate that probably 70% of those people will be interested to integration. St. Lucia recognizes the need for available data of a policy, standard operating procedures and general guidance on the issues of readmission and reintegration of involuntary returning migrants, which will contribute to their socioeconomic integration. Come September, the Organization of Eastern Caribbean States, OECS, will be home to its first landed campus of the University of the Basindis, UV. OECS member state, Antigone Barbuda, will be home to the fourth landed UV campus, Five Islands. The announcement was made by the UV's Vice Chancellor, Professor Sir Hilary Beckles, during a press conference at the University's first campus at Mona, Jamaica. I'm honored to report that Chancellor Mr. Robert Bermudez and the Council of the University of the West Indies have formally approved the establishment of a campus of the University of the West Indies in Antigone and Barbuda. Within the wider context of the country's membership of the Organization of Eastern Caribbean States. Antigone Barbuda's Five Islands campus is set to open its doors in September of 2019 and welcome some 800 students. The majority of these 800 students are already registered in levels one and two of the University of the West Indies programs currently being delivered in Antigone and Barbuda under a franchise agreement at the Antigone State College and other territory institutions. Like its sister campuses at Mona, St. Augustine, Caefel and the Open Campus, the Five Islands campus will begin in a modest fashion and will no doubt rise to magnificent heights in the years to come. According to Sir Beckles, it is left to all within the region to be meaningful contributors to the growth of an important Caribbean institution. Our solidarity is now required more than ever as we build a new campus, be fit in the excellence of the University of the West Indies. With this action, the people of our region, the youth especially, will be better served. And that was Uwe's Vice Chancellor, Professor Sir Hilary Beckles. A tourism luminary from the Bahamas has emphasized how tourism can be used as an economic development tool. Vincent Wallace-Vanderpool engaged participants at a recently opened symposium centered on tourism. The strategy he says should involve the citizenry and seek to develop a product of excellence. Janelle Norver reports. The words shared by guest speaker, former Minister for Tourism in the Bahamas and former Secretary General and CEO of the Caribbean Tourism Organization, Vincent Vanderpool Wallace, helped shape the conversation for the two-day National Tourism Symposium. The objectives included presenting preliminary findings of the consultancy underway to review and update the St. Lucia tourism benchmarking and competitiveness assessment strategy and action plan and to discuss new and emerging trends that might contribute to the growth and development in tourism in St. Lucia and to determine the best positioning for the island's marketing. Vanderpool Wallace indicated that one must firstly understand that tourism is an economic development tool. And let me start on about the economic development tool. What we are talking about also, what are the objectives of tourism? What are the critical ones? The critical ones are number one is foreign exchange. We're in the business to continue to grow our foreign exchange. Number two, we're in the business of growing employment. The third thing is broadening the distribution of income. You got to make sure that you're getting the broadest possible distribution of income coming into the economy because if you don't do that, you're going to find that a lot of people are saying you keep talking about this thing, I ain't feeling it. And what is very important is people begin to feel the effects of tourism throughout what you're doing. The next thing is talking about better linkages. Ministry fought to this already. Critically important in terms of making sure that you're establishing those linkages. And then of course, one of the things that Carolyn will talk about all the time is in terms of sustainability and the focus, particularly relating to the environmental issues and making sure that we are addressing those things as much as we possibly can. Also on the agenda, the formulation of new directions for sustainable tourism development in St. Lucia, while strengthening and improving on current initiatives that are of relevance. Vanderpult Wallace noted that one such initiative should include the sensitization of the citizenry on the importance of the island's tourism sector. Such an awareness is important as visitors interact more with citizens of the country, and if that interaction is good, it can have great benefits for the country. He also highlighted the importance of offering a good tourism product and the power of a recommendation. If people intend to recommend you, we have found the highest correlation between recommendation and people delivering value. Because in very many respects, one of the problems of people who want to wear the destinations is their island collectors. No matter how great the experience was on one island, they tend to go to other places or people are bucket list. I want to go to other places. What you really want them to do is to recommend the experience that they had hit other people and their friends and relatives. That's the most powerful thing and make sure we are looking at that number on an ongoing basis. And if we are not measuring these things on an ongoing basis, going back to the minister's point about data, if you're not measuring these things, you can't possibly know whether you're succeeding. The National Tourism Symposium commenced on Wednesday 26 June and culminated on Thursday 27 June 2019. For the Government Information Service, I am General Norville. And this is DNTN Nightly. Rhynne O'Brien is up next. Officials headed by Director General mandated to implement the decisions of the governments but also empowered to make recommendations on the strategic directions of the organization. The OECS Commission organizes meetings, prepares budgets, conducts research, undertakes projects, negotiates for and represents the OECS member states. It is organized along several components. There are the commissioners from each member state who along with the Director General form the commission that oversees the work programs. There are also technical divisions with specialized units between them as well as diplomatic missions in Brussels and Geneva. All these complement each other to make the OECS Commission the engine of regional integration in the eastern Caribbean. The OECS has a proud past and together we are working towards a brighter future for all our citizens. For more information visit www.oecs.org Welcome back. We join Rhynne O'Brien for the latest happenings in youth development and sports. Thanks Nisha. I'm Rhynne O'Brien and welcome once again to your update from youth development and sports on the NTN Nightly News. The annual CARICOM 10K road race on Sunday will showcase the Caribbean's top long distance runners and includes a 5K run walk from Marysil for secondary school students and a 1K for CARICOM diplomats and other dignitaries. Members of the public are invited to show their support for the road races which start from 7.30 a.m. Interested persons and groups can register at the Ministry of Youth Development and Sports to participate in the CARICOM 10K road race. CARICOM Secretary General Ambassador Irwin Larocke will co-host a forum with the Saint Lucia Youth Ambassadors, McAllister Hunt and EZB Francis to discuss current issues of significance to upcoming leaders and young activists around the region. The forum will begin from 5 p.m. on July 1st and carry live via social networks and electronic media. Final arrangements are falling into place for Friday's staging of the annual school sports awards scheduled for the St. Mary's College auditorium. The Ministry of Youth Development and Sports has announced that awards will be granted in both individual and team categories and announced that this year a special new award will go to the outstanding district in primary school sports. Students will also be vined for the prestigious titles of outstanding student sports personality of the year, male and female, as well as other overall team prizes. Friday's awards are said to get underway at 10 a.m. And that's all from Youth Development and Sports for today. I'm Ryan O'Brien. Thanks, Ryan. Quarantine Awareness Week is being observed under the theme Save God St. Lucia's Agriculture Don't Pack a Pest. According to the Agriculture Minister, Honourable Ezekiel Joseph, agriculture continues to be one of the major contributing sectors to the economy and must continue to be so if St. Lucia is to ensure food and nutrition security for itself. He says although there are increases in production of bananas, fruits, vegetables, root crops, poultry, small ruminants and pork, the agricultural sector is challenged by a number of issues. The constant threat of the introduction, establishment, and spread of pests and diseases can be viewed as one of the major challenges. This has been given top priority as changes in global trade, coupled with the increased movement of people in a changing climate, has also inadvertently increased the movement of pests and diseases. Over the years, the invasion of many pests and diseases has severely affected agricultural production, causing changes in production methods, loss of production, increased costs of production. Quarantine Awareness Week aims to educate St. Lucia on their role in safeguarding the country's agriculture sector and its borders and to launch the Don't Pack a Pest initiative. The government of St. Lucia continues to put measures in place to emphasize and ensure sanitary and phytosanitary requirements are adhered to. It is the hope of adopting a common standardized health approach to achieve good agricultural health, food safety, and security and by extension promoting good public health. In closing, I wish to advise all travelers to be mindful of the potential danger of bringing in animals, plants, and their products from abroad without the necessary permit as they can pose a serious threat to our agriculture and socioeconomic well-being. The St. Lucia Tourism Authority, SLTA, hosted its first-ever Global Peter Awards for the top producing St. Lucia expert travel agents from the United States, Canada, the United Kingdom, and Ireland. The agents were celebrated June 20th through June 24th with an immersive weekend showcasing the best that the island has to offer. Travel advisors who booked more than 300 room nights between March 2018 and March 2019 will recognize at the 2019 Global Peter Awards. The room nights booked were measured through the St. Lucia expert SLTA program created in partnership with Recommend Magazine. The SLTA program is a comprehensive free membership program and educational resource for travel advisors interested in selling St. Lucia to their clients at an expert level. The top 31 winners were honored with the prestigious award. Tonight, our job is really very simple. We just want to say thank you. Thank you to all of you for believing in our destination, for sending your people to our shores, and for really telling people at St. Lucia is an incredible place for them to come. I want to say a big thank you to all of you. The recipients include 15 winners from the United States, five winners from Canada, 10 winners from the United Kingdom, and Ireland. St. Lucia Tourism Authority's Senior Marketing Manager Jackie Mathera highlighted the importance of travel agents to the industry. We share an appreciation for how rapidly and profoundly that world travel is evolving, and we truly appreciate the work that you have been doing and there really is no absolute dollar amount that can be placed on your proven commitment to our destination. Your efforts have not only contributed to the awareness of this beautiful island, but have significantly contributed to our record-breaking year in 2018 and 2018, with over 1.2 million visitors. This reflects a 10.2 percent increase over the previous year. Thank you and it's all because of you. Global award winners got an opportunity to explore the island. They also were treated to an island party and a day of pampering at Pigeon Island. For the Government Information Service, I am General Norville. And stay with the NTN Nightly. Up next, Primers-Hudgensen is here with the NTN Nouvelle-Arcueille. Small household electrical appliances, when faulty, can give rise to big problems. If you have just purchased a small appliance from a store and you are concerned about the safety of the item, or an appliance has been at home for some time subjected to wear and tear from regular usage, have it tested by the St. Lucia Bureau of Standards. It is better to be safe than sorry. For more information, contact the St. Lucia Bureau of Standards at 456-0546 or email slbs.candw.lc or visit the website at www.slbs.org.lc. St. Lucia Bureau of Standards, making quality and standards our way of life. Welcome back. We join Primers-Hudgensen for the NTN Nouvelle-Arcueille. Hello, I am Primers-Hudgensen, Minister of National Security and Police. I am here to discuss a situation that is critical for the country. It is important for the citizens of this country to be aware of this situation, because you will not be able to avoid it. According to the ASP Louis Gale-Clack, who is the Special Branch of the Police Organization, the situation here is very critical for the government and the police. Because it is very important for the citizens of this country to be aware of this situation. Therefore, I can connect with the families who have lived here before, and I can also connect with the community who have lived here. But for such a long time, I can connect with the people who have lived here before leaving this country. Madam Clack declared that what has been done presently is for the citizens of this country to find a way to help the citizens of this country to live and to establish a country. We have to be aware of this situation, and to find ways to help the citizens of this country to live and to establish a country. We must be aware of this situation, and to find ways to help the citizens of this country to live and to establish a country. The police have a lot of security as we poor take care of pallets and months off. They serve a cafe to view and then your life is a failure. It's the poor, the poor, the security. It's a fault, it's the fault you take care of. It's a program that you take care of.  Special branch is the police division which is the main reason for conducting an investigation on national security, HODMovequim. The representative of HODDiverse, Department of Government, I found a way to plan a financial event to form a name for a country that can help assist others. Department of Government, which has a lot of responsibility for this situation, I have established my project to help address all these problems, among what is most necessary is to establish and create my equalities, among these forms of names to try to correct the problem of education among the names, to pursue more employment, and surprisingly, to try to encourage the situation that we do not have, it is only that we have the responsibility to deal with them. Coordinator for this project, Claudier-Louis, said that this is the way of the government and that it is even possible that the Department can follow this project to a certain point in time. So, there is already a quality training to examine these jobs with the help of HODMovequim, which has a lot of problems with these jobs that existed. I would like to leave this here, I would like to continue to start with the offices of the Department of Labor and also the civil services of the Department of Labor and the agencies to develop these jobs. Minister Kiyosuka, to provide information about the new direction for this touristic effect. According to the Department of Touristic Affairs, Aviva-Saint-Claire, this initiative is to develop a better direction for development of touristic effects in the country. According to the announcement that the Ministry of Labor works the same way, and that it is the Vilka Street to pursue financial assistance to improve the Vilka Street. The Minister has also committed to prove to you in Vilka Street, and William Peter Boulevard. He has also made arrangements for the Ministry of Labor to provide a better way to control the traffic in Vilka Street. Minister Kinyosuka, to provide information about the new direction for development of touristic effects. According to the Department of Touristic Affairs, this initiative is necessary to help the economy so that it is easy for the government to finish the program. According to the Ministry of Labor, this initiative is more advanced because it is the most expensive in the country. But this initiative is the only way to help the industry here. This initiative is the only way to help the industry here. I would like to thank the Minister for the great effort to support us to slow down the production of new traffic. I am very grateful to the Minister. Thanks for your time, Prime Minister. And here's a look at what's happening to us weatherwise. Moisture and instability associated with a weak tropical wave will cause some cloudy periods with showers over the lesser Antilles during the next 24 hours. The tropical wave located over the central tropical Atlantic is moving westward near 23 miles per hour or 37 km per hour. This wave is expected to affect the southern part of the Les Antilles on Friday into Saturday. A tropical wave located over the far eastern tropical Atlantic is moving westward at about 23 miles per hour or 37 km per hour. The cyclone formation is not expected over the tropical Atlantic during the next five days. The tide's forecastry's harbor was low at 506pm and will be high at 1143pm. The tide's for Viewfort Bay was high at 1259pm and was low at 633pm. The seas are moderate to locally rough with waves 5-7 feet or 1.5-2.1 meters. Small craft operators and sea bathers are advised to exercise caution due to brisk winds and above normal seas. The sun will rise Friday at 5.38am. And that brings us to the end of the NTN Nightly. Join us next time at 7pm with a repeat at 7am. You can also catch up with us anytime on the Saint Lucia Government Facebook page or YouTube channel. I'm Nisha Tras.


The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. At 1-877-927-6648. Or internationally at<PHONE_NUMBER>. The Trader's Edge. Now, Steve Rhodes. Good afternoon from TFNN. Welcome to the October 1st, the terrific Tuesday edition of today's Trader's Edge show. I'm your host, Steve. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Hey, let's make sure we have an extraordinary one. And of course, the easiest way to do that is to always remember that life is happening for us. Not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift in every set of circumstance. That life is going to toss at us. Now today, you and I, we're going to go check out the circumstance of these markets. We're going to go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I just passed one o'clock in the afternoon. I want you to know that I'm absolutely grateful for your presence here, but much more important than that. During this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on it at<PHONE_NUMBER>. If you can't dial in, we've got you covered. Let those fingers do the walking. Send me a quick email, Steve, at tfnn.com. Inside the subject heading, please put radio show question. Of course, our Tiger's Den, any ping will do. So let's go ahead and get this show started on terrific Tuesday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to less show right now, the Dow off nearly 300 points. I was going to say nearly, but 302 points to be exact. Trade out of 26-615. S&Ps off 31 or 29-45 is the print. The NASDAQ is off a 7-tenths a percent. It's actually the strongest of the indices out here. 56 points, traded 76-93. Russell's up one and a quarter, 18 points. Semis are down 8-tenths a percent. New York Stock Exchange 1.1%. Wilshire off one and a half. Trannies, I take that back. They're the leaders to the downside up 211 points. That's a little over 2%. You've got the spot volatility next up 12% so far. You know the routine there. We'll discuss it again. We won't dwell on it too long, but watch for the end of day reading. If it's above 10% out there, you know what to be watching for, especially if you're an intraday trader of the futures contracts. You'll be looking for some type of pattern to form in the, well, it could form at any point in time, but you'd be watching for a bottoming pattern and then a bounce from there. You've got gold up 17 bucks, trading out at 14.89. We'll check into that. Silver's up 27 pennies, trading out at 17.27. And you've got the 30-year treasury up 16, about a half a point out there, trading out at 16.62 and 26.30 seconds out there. Lead that charges the upside, dollar-wise booking, holding 17 bucks. Alt of beauty up 13 or 14. That's 5%, not bad. McCormick and company up by 7% or 10 bucks and pennant group must be an IPO up 140. Well, I can't say it must be an IPO. It's up 146%. So they're having a good day. We know that. To the downside, it's Google. Up 12 bucks. You've got BlackRock off 11. TD Ameritrade off 24% or 11 bucks. Transdigim group up 2% or 11. So plenty to look at. What we're going to start looking at though, we had a couple of requests come in. So I want to go ahead and get to those first out there. A lot to cover today. And so I don't want to get behind and leave these out. The first question coming in from Phil. And Phil wanted to take a look at Tower Semiconductor. T S E M is the ticker symbol. So as we do with each of the positions that we take a look at, we want to understand where is price trading in relationship to its daily, weekly, monthly set of profiles out here. So we know that price today got back inside its daily profile. It is almost explored the bottom and the top. The bottom is 1934 and the top is 2041. The actual high today is 2031, it's a by 10 cents. So it's trading within the range. If we take a look at the weekly timeframe chart, its resistance level will be 2043. So again, price got up towards, so we know 2041, 2043 Phil, key level of resistance. So to the long side, you really want to see that area broken. Now today, the volume so far, 406,000 shares going into 237,000 shares from 913. So that's a positive. And then the swing point high that we're looking at is August 1st, 840,000 shares. So similar-ish type volume. And as long as price closes above 1963, suggests that 2041, maybe even a break of 2041, 2043, would be in order. The monthly timeframe chart price above the top of that monthly profile that formed about four months ago out there, I want to say formed, a break of resistance. Now let's go take a look at the other charts that we look for. The daily chart out here showing a TD set up nine count bottom that formed on the bottom was the, or the low I should say of that nine count was on bar number eight. Now that bar number eight formed before price got all the way back to the breakout area, which was 1849. That's the red horizontal line that is on my screen out here. Now again, what I don't have Phil is the, so from looking at all the charts, one of the patterns that I'm noticing is that there's a very strong bottom or top that forms when the low bar tends to, ends up being bar number eight versus bar nine to the bar following nine. That doesn't mean that the bar nine or following nine isn't a top or bottom because if we take a look at TSEM, here's what we can see. We can see right out here on August 2nd, the pattern, the only pattern that I recognize that's out there that identified that top was the bar number nine. But in any event, just take a look at the current session out here. We've taken a look at what? 2041, 2043. And now what we know is that 2046, that is the breakdown resistance area. Price above Stevie's green line, that's 1982 on the daily timeframe. So the real key is 2046. It's not 2041. It's not 2043. It's 2046. If you see a close above that, very likely you've got an A to B equal CD to the upside that would be completing. If we look at the weekly timeframe chart, what do we know about the weekly timeframe chart? In essence, the Stevie's oscillator and change line, that's the red-green line. About four weeks ago, a change from red to green, meaning the price oscillator is now above zero. With price above Stevie's green line, you have a rising price oscillator above zero on the weekly timeframe chart. This formed a bottom back here with the roads momentum indicator. This was in early December, late December of last year. So everything here looks pretty good. Everything here looks very good. You've got that resistance, which we saw from the weekly profile level out there. We said 2046 is a key number. Here's what I don't know. At 2060, 2060 was the old breakout level on a monthly basis, which price did hold that level of support, but bar number nine actually broke that support. That was back in, it looks like July. It says monthly, it can't be July. It could be. It says monthly. Give me a second here. I'll tell you exactly what month it was. Well, it was October. We were talking about July. It was in October of 2018. But we know that that wasn't the lowest low because a couple months later, there was a lower low back here in December. I'm looking at the monthly timeframe chart. What I don't know is if old breakout support becomes resistant, so far that has really proven to be the point thus far. The monthly chart prices above Stevie's red line, which is in 1916, so it says more counter-trend rally. So now what we're going to say, Phil, if you're in this trade, 2060 is the nut. If 2060, if you see it close above 2060, TSEM, Tower Semiconductor, is telling you it wants higher price and it's broken through resistance. Steve Rhodes with TFN, we get back from this break. We're going to go take a look at the Great British Pound, US dollar currency pair for Scott in Colorado. We'll be right back. In today's technological world, the use of top-flight software applications and technical analysis expertise is essential to successful trading in today's market. You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, the best way to use the TAS Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. All new subscriptions also come with a 30-day money-back guarantee, so you have nothing to risk. Start your subscription by visiting the front page of TFNN.com today and you'll find the TAS Profile Scanner under the Services tab. Sign up today. 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. That's<PHONE_NUMBER>. Call us today. Many of our new listeners have heard about The Tiger's Den. The Tiger's Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable, moderated atmosphere. Hear all of the TFNN shows, plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive The Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on The Tiger's Den are on the front page of TFNN.com. We're just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Call now. Toll free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Welcome back, folks. So we're taking a look at the Great British Pound, US dollar for Scott in Colorado. And, Scott, we have up on our screen right now. We've got the daily, weekly, monthly and the quarterly set of profiles for this currency pair. So the daily on the upper left, we know the price is below support. That's the bottom of its box. It's at 1.237. We know the price has held the bottom of the weekly profile. That level is 1.2292. We know the price is trading with inside a bullish structured monthly profile. A bullish structured monthly profile just formed right here, right now, today in the month of October out there. And then when we take a look at the quarterly prices sitting just below the bottom of its quarterly profile out there, 1.233. Now, the reason we're taking a look at certainly the longer term charts is what Scott has a question really about the longer term out here. And so the question right now is, is price going to go ahead and get all the way back to the lows or below the lows of 1985? If we take a look at this again as a quarterly timeframe chart, we'd just be getting a new quarter out here. But if we take a look again at that quarterly timeframe, let me change the, because that's not perigee, let me get a line tool out here. Let's take this line yellow. And so the level to be watching for either a rejection or confirmation at price wants to head lower is this 1.2375 area. You can see how as price came down in October of 2016, that is where price found support. You can take a look at it also in January of 2017 out here. Looks like it was really tested for the most part for that entire nine month period of time because also the quarter of that began in April of 2017 looks like that area was tested. We saw a close just slightly below that area last month. I don't know. So as long as price stays below 1.2375 Scott, it says you've got an increased opportunity or chance to go test the bottom of that at about 1.05. However, and I say however, we did notice it on a monthly basis out here that we've got a brand new profile to consider. So when we come take a look at the monthly charts just looking for some kind of bottoming signal or pattern, I don't have it out here when I take a look at the monthly timeframe chart for the Great British Pound. If I do some wave counts to the downside, no, we're not there. Nothing, when I say not there, we don't have wave number 7 or letter G out here. So here's what you're going to be watching. You're going to be watching Stevie's red line. Let me give you what that value is for the monthly timeframe. As soon as I can figure out how to do that, I know how to do that. Just trying to get it to pull up. That level is 1.2365 1.2365 Any close above that on a monthly basis is supporting the bullish structured monthly profile. Now likewise to the downside. This is a bullish structured profile. So if we see a close on a monthly basis below the bottom of that monthly profile 1.21 1.21, that suggests the larger outcome getting back to that 105 area would be likely because nothing would be more bearish than a failed bullish pattern out here. And we'll call a bullish pattern the bullish profile monthly monthly box out there. Now on a weekly timeframe, just take a look at the weekly timeframe chart out here, we can see that this formed a nice rose momentum indicator bottom pattern. It did so when it created price was moving lower doing less route of energy creates a key reversal bull sash candle we can see that here it's labeled on our charts that was the week of September 6, 2019 prices above Stevie's red line right now that's at 1.2263 and this suggests to us that prices headed to 1.2706 that is where price last broke down that is on a weekly timeframe chart out here. Let me take a look at the daily real quickly and then I'll summarize it for you what I believe the charts are communicating to you and I in this case here we don't see any kind of a bottom pattern out here on the daily timeframe. So there's nothing nothing to you know you ideally like to see some type of bottoming signal on this daily timeframe we don't see that price below Stevie's Greenland this would suggest price could get back to the 1.208 1.205 level those words last breakout area so what are we going to say here I know you're looking for a trade of sorts and you're leaning towards the downside trade inside the Great British Pound and but you're looking for something that was more long term and I don't see that I don't see that right now in order for you to see that I think you need to see these support levels broken on the daily timeframe the breakout levels so let's just call 1.205 out there because otherwise it looks to me like there is more rally left in the Great British Pound then there is then this thing is ready to head south and the weekly and the monthly timeframe charts are really what are providing us with that signal out here so I would say that the better short would be the Great British Pound rallying up to 1.2706 out here Scott that's what I see when I take a look at the charts for the Great British Pound hope that that helps you out now there's other questions that have come in let me just take a quick peek at those out here so one's about Doug I don't mean D-O-U-G I mean Doug which I believe Doug is I think that's for the I think that's for the energy sector out there then one about the GDX and one about the seasonality so let's do this out here Bill Jupiter calling to talk about gold I think we've got to go to our call we've got call ahead seating and Bill you called ahead so now is the time for your seating let's go take a look at how you doing Bill I'm doing well thank you and in the newsletter this morning it was really a great call you talked about a potential short-term bounce for gold to the upside and sure enough it's up about $20 today could you go through the analysis of what you were looking at to give you an indication that that might happen yep so what Bill is referring to so one of the things folks that that I do for subscribers is try to go through various instruments and let them know just kind of like we just did here for Scott take a look at the Great British Pound and just try to hone it in as to what to expect or anticipate and when I sit down in front of a computer system to take a look at what was going on overnight one of the things that I'm always looking at for the futures contracts out here equity or some of the commodity futures I'm always looking for signals bottom or topping signals out here and that's what this little white background area shows so Bill you'll you know that in the newsletter this morning when we were taking like a gold we know that it broke hard we know that it broke and closed below key profile levels weekly profile levels that is but of course it's still Friday so it's kind of early to make that call but what we also knew and it's not showing up right now but I just pulled us up here right now so folks can see that lights we crude as an example gave a bottom signal in a 30 minute and one hour in a two hour time frame so someone would be exploring that as well but we saw those same signals inside of the gold contract so what I didn't want somebody to think Bill was hey you've got this big break inside of gold now's the time to go ahead and go short because that was certainly not the case and the reason was because of those signals that we're showing us bottom worthy patterns out here so now let's go take a look at that bottom worthy pattern right so that was the information box my market analyzer tool to tell us hey go look at gold on the two hour time frame in the 30 minute time frame here is the 30 minute time frame for gold Bill we're going to a heartbreak so just stick with us if you will and we saw the bottom form with a hammer candle out there and then a bullish engulfing candle about an hour later that was at around four and then five this morning we get back from this break we'll finish off taking like a gold short-term long-term any term that you want we'll be right back I'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes author of Mastering Probability and for the last 12 months Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6 and 3 months Timer Digest also ranks me as the number one market timer for gold as well the fact is markets can be timed and I'll teach you the exact set of tools that I use that is transforming into one of the best at what I do sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls to sign up today the path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now is a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted don't miss out on this great chance to get a 30 day free trial to David's daily newsletter path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of 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we're offering licenses available at only $79 a month we are so confident that you're going to 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 this segment is brought to you by thinkorswim for more information just click the thinkorswim banner on the front page of tfnn.com welcome back folks it does off about three uh 309 s and p op 34 we're on the line with bill in jupiter florida and we're taking a look at the 30 minute time frame chart for a gold right now and the reason that we're looking at that is because what it generated this morning was a bottom a bottom worthy signal out here and what we mean by that is the way that markets will form bottoms and tops one of the patterns that uh can be present uh is the road's momentum indicator pattern this is when prices moving higher or lower doing a less relative strength and what we wait for always is uh bill we always wait for some type of bullish reversal candle to confirm that pattern and we can see out here exactly at four o'clock we saw a nice little hammer candle uh the hammer in essence was tested in the following half hour and then after that you got a nice little bullish and golfing uh candle out there so what it told you and I was that buyers were stepping in at this stage uh they believed that there was a worthy trade and it was really those three bars price was above steve's uh red line at that stage so that said more at least countertrend rally and as you know bill we said that the countertrend should take us up to 14 79 80 um and we didn't know what price would do so we just got there well uh I think it was with the ISM numbers perhaps at 10 30 uh when they came out the way that gold responded was it's shot up and it closed above 14 79 80 as we take a look at the current pattern out here uh all that we have going is on a 30 minute basis as we have an a to b equal cd if we take a look at that so the question is is the rally over inside of uh gold well the pattern that completed here at 1 p.m. was a gartley sell pattern so you got the a to b equal cd the a point is the bottom of the hammer at 4 o'clock the b point is out here at 7 o'clock this morning then we saw price go ahead and pull back what did it do it pulled back and it tested the bottom of its profile it tested steve's red line which held out there and then it went ahead and zoomed higher now what uh we've see on the 30 minute basis that gold has made 1 to 2 a to b equal cd pattern so you've got the first confirmation of it you've got the bearish engulfing bear sash candle in order to confirm that this is a valid gartley sell pattern when I say valid that that was it that was the top we would need to see a close below support and there's really two levels of support here to be watching again use in 30 minute time frame the first is 14 85 80 and the second is 14 83 70 so we've got the the the potential signal on a 30 minute basis bill of a of a of a top inside of gold and those were the tools that I use to help assist you with understanding what gold would likely do today based upon those signals we also had a td set up nine count pattern on a 60 minute basis and so that was confirming for you and I that that there were two valid bottom patterns that were out here and in the 60 minute time frame we would see the same gartley sell pattern because at the one o'clock hour what we saw was both a bearish engulfing candle confirming the A to B equal see they haven't drawn that in here right now as well as a key reversal session now there's no profiles on the 60 minute time frame for you and I to use so we will default to the 30 minute time frame for gold to tell us what its next intention is a close below 14 93 says the countertrend rally is over a move above 1493 50 says expect 1500 1500.9 and probably 1505 to be tagged and touched out there the other thing that we looked at inside the newsletter bill was we said hey look gold has made the one to one A to B equal CD to the downside and even though price broke below key levels of support if there were a bullish candle at form and right now there's not a bullish daily candle out there just because it's green folks does not mean it's bullish when it's green it tells you where it open and where close the close was higher red just simply where opened and closed out there the candle formation is what's really key no bullish reversal signal yet this just signals to you and I just countertrend rally at this stage so that's what I see the short term the daily time frame and what we want to watch out here is just we've got the topping pattern on the 30 and 60 minute time frame what we now look for is to see if support gets broken wow terrific Steve fantastic thank you very much does that make sense to you any questions oh my goodness no that is mastering probability yes no very good great analysis okay and so the key level that gold closed below yesterday and we always like to see two closes meaning follow through was fourteen eighty nine twenty we're trading right now at fourteen eighty eight eighty so prices sitting right here at a key level because the price gets back inside that box inside the bottom of that profile out there will have to investigate other charts other time frames to try to figure out what the message is but right now as of one thirty five in the afternoon the messages countertrend rally great call Steve very good you know thank you you bet thanks so much for calling that was Bill in Florida up in the Jupiter area so we want to take a look at we got gold out of the way so to speak out there what we want to take a look at is I want to see what questions because there's a number that have come in so let me take a look at the first one here this one coming in from Tom ah we are you digging Doug kindly run through the OUL set up and so forth so let's go take a look at Doug out here let's do what we normally do I'll try to do it a little bit quicker I just simply because I see a number it looks like go here airport out there and I want to be able to get to everybody I also notice there's a problem I've got a data feed issue going on here and that is a gigantic problem that's a gigantic problem I was noticing much movement in the in my indices out here and I don't know what's the cause of that I will tell you that we this neighborhood we took a major power hit last night and I still I wasn't able to track it down thank goodness for generators you know power came back on everything the internet didn't come back on though until early this morning that's why subscribers didn't get my end of day reports last night but that being said and I've been out of the office most of the morning so I don't have anything on Doug right now that's popping up man this is a bummer I think let me try the XLE I think Doug is the XLE is not popping up son of a gun and it's 137 in the afternoon okay so I'm gonna leave Doug out here see if Doug will populate what I do have is my other charts are populated okay so let's go taste take a look at Doug and see what we can figure out here for Tom so Tom here's what we know today is going to be day number eight appears as if it's going to be day number eight of a TD set up nine count we know that a top can form on bars eight nine be tomorrow or on Thursday bar that follows bar number nine I'll just say bar 10 at this stage here so so what so what do we say out here hey there's that would you get into that you could identify or form a potential top on bars eight nine or the bar following nine would either of those any of those I can't say either because there's three would any of those be a bar that you would want to begin a position in just I don't know if you're looking for a position out here but if you were the answer is no well my answer to you would be no of course you wouldn't want to do that prices below resistance 4915 again whenever this pattern forms either above its breakout or below its breakdown this is below its breakdown that can be kind of bearish out here so am I digging Doug no hey we've got about 10 seconds what the weekly chart do weekly chart is running right up into Stevie's red line out here which is at 4416 Steve Rhodes with TF2N we'll be right back to work for you the security for these first mortgages are building lots in the tax opportunity zone in st. Petersburg Florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 the interest paid is 7% yearly paid on a monthly basis according to bankrate.com the best rate for a four year CD in the country as of February 20th is 3.1% a $50,000 investment at a normal four year CD rate of 3.1% would give you income of $1,550 per year or $6,200 over the four year period that same $50,000 investment in the Tiger First Mortgage Program would give you $3,500 per year or $14,000 over the four years what should you prefer $6,200 or $14,000 of interest on your investment if you would like more information about the Tiger First Mortgage Program you can call me at<PHONE_NUMBER> that's<PHONE_NUMBER> if you haven't checked out the newsletters page of TFNN.com what are you waiting for all of the TFNN newsletters are informative, up to date affordable and a must have for every trader looking to gain a competitive informational edge in today's markets TFNN newsletters cover every aspect of the markets to offer you the very latest in market news plus new subscribers get to test drive our newsletters every three for 30 days from all aspects of the markets including stocks, bonds, metals commodities and tech there's a newsletter to fit your needs exclusively from TFNN stay informed each day you trade and get that competitive edge that will help you stay ahead of the game visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page TFNN.com and click the new tab call us today to bring in investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade LABU or LABD Directions Daily S&P Biotech three times bull and bear ETFs visit directioninvestments.com slash biotech Prospectus and Summary Prospectus contain this and other information about Direction Shares. To obtain a Prospectus or Summary Prospectus, please contact Direction Shares at<PHONE_NUMBER>. The Prospectus or Summary Prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV for the latest market information. The last thing on Doug because Tom was talking about the long term time frames out here and whether that was of any value on this specific instrument and the answer is yes. The patterns that I like to use out here, they're agnostic as to what the instrument is. It's just simply chart patterns out here and for all the different time frames. Bill and I were taking a look at the 30 minute and 60 minute time frame for gold this morning. Here we're looking at a monthly time frame for the sepna. Here we're taking a look at Doug right now and this was moving lower as a road momentum indicator bottom. This is in October of 2018, nice big old bullish engulfing candle confirming that pattern out here. What it also did for you Tom is it set up where your key level of resistance is which was where price had broken down and that was at 51.47. We've seen that area tested several times on a monthly basis and each time by the end of the month price had failed to close over that level. So that's real key area 51.47 or 45.14 out here. Looks like it wants to run higher. Very difficult for me to suggest to you to go ahead and take a trade in that knowing that you're close to resistance and you are in bar number eight on the daily time frame out there. So I hope that that helps you out. As you can see my my e-signal screen that's a black background screen is pretty much stationary stationary stationary right now. Actually my other charts are working OK. So this question is a seasonal low in November. Still a possible target that seasonal low is typically October. I would say that I don't have any reason to think that it's not. But the market conditions that were in a really more of a consolidation than they are anything else. No I got rid of my yellow. I can put them back in here. But let's just take the E.S. mini as an example. Peter was asking for the E.S. mini and no Peter on the day or the 30 minute E.S. mini a TD set up eight count out there. OK. But if I take a look at the daily time frame chart out here on maybe this will let's at least let me put those in here. If we take a look at there's the consolidation there was the consolidation. We had the break of the consolidation the break of the consolidation gave us a price target up here of the 30 78 area. If we take a look at what the E.S. mini is doing right now it's coming back and testing the top that consolidation is that that a couple of days ago on the 27th it's doing it right now. And look if price closes inside this consolidation that's the that's the first box out here. So let me go ahead and get rid of the second rectangle. But you can sort of see it out there. If price does close back inside there well then you can move all the way back down to the bottom. The bottom being in the 2800 area we'll call it 2813. But right now what the E.S. mini is doing. We're taking a look at the December contract out here. It's just simply testing support and support is the bottom of that weekly profile. That's 2940. We're trading right now 2940 50 out here. So we can see the prices pulled back in the E.S. mini to support. So we're just in this consolidation oriented market out here. And so I take that back to the seasonality piece the seasonality. Let's just take a look at the fact that from a seasonal basis we typically see a high in the end of July. So if you look at the E.S. mini the high out here is the week of July 26. No the week of the day of July 26 was the intercession high. Now look I don't make these dates up. Let's do this here. Let me call up if you give me a moment to pull up a old PowerPoint presentation and I keep some of these slides somewhat handy. We should be able to I should be able to get us right to the seasonal timeframe. So that way somebody who's not familiar with it will be able to oh geez what the heck was that doing. Thanks. OK remind me not to save this file based upon the last thing that I just did. Give me a second to get down there and find the seasonal chart. It's got to be here we go. So let's see view slideshow from current slide. Here we go. So here's our seasonality. So if we take a look at the unfavorable seasonal cycle if I were to ask you to take a look at this the average over the last 80 some odd years out here July 21st is typically the seasonal high which then leads down to a low October 13th. Now you had mentioned earlier you had mentioned November so it's really on average for the Dow it's October 13th out here and the actual high not July 21st but it was in the E.S. mini was July 26th out there. So yeah how can I say that it's not in play. It's still in play but I think the pattern that's more important to you right now with regard to the markets are what's the E.S. mini do as it gets down to the support of its weekly profile and what to do as it's really testing the breakout of the consolidation pattern out here. And so that's what that's what I'm that's what I'm you know looking at if you take a look at the E.S. mini just simply because I mentioned it because Peter had mentioned it right now we are in bar number eight of a potential bar number of a TD set up nine count bottom out there. So certainly something to be paying attention to knowing that you're coming back to support and you've got a potential bottom worthy pattern that is setting up out there. So that's certainly something to take a look at. So I hope that that helps you out or with regard to your question L.B. writes and Lee writes in and he says is it time to jump back into GDX. So Lee I have to say the answer to that is no. And I reason I have to say the answer to that is no is because we don't have a confirmed bullish reversal candle on the daily timeframe chart out here. And even though it's made a one to one A to B equal CD do not let anybody fool you or somehow talk you into buying the one to one level of an A to B equal CD or selling the one to one level of an A to B equal CD. If you're going to do that OK buyer beware caveat M tour I guess seller beware you're better off waiting to see some type of bullish reversal signal because my studies show that if you don't get that bullish reversal signal and the markets want to simply continue in the direction that they were going in this case here in the case of gold where it's going to is 14 12. That's the daily timeframe. The weekly timeframe generated a mucho grande. I think that is eventually going to be a mucho grande is already a a Starbucks copy. Isn't it. I don't know. I don't drink it. But if we look at the gold on the weekly basis out here cheese do let me see what happens when I try to punch this in here how quickly this will come up. Hey not too shabby out here. You know so I'll pull over the daily so Lee we know you and I know directionally speaking gold and the miners are going to move in the same direction. So you've got gold yesterday on a daily basis closed below 1490 70 1490 70 was its breakout level. What has it done today. So far as of 149 it's simply retested an area that was support which now may be resistance and that gets us to the 14 12 level for gold. If we take a look at the weekly timeframe chart and we really need to know I need to know you need to know it's only Tuesday. What does the candle look like on Friday. But what we now have is we've got the rose momentum indicator top on a weekly basis. That was the bearish engulfing candle from last week. Now we have follow through to the downside out here. And this says over the long haul where gold is headed to is 1286 buckaroonies. Buckaroonies. We'll take it one step at a time. Is now the time to get into GDX. No Steve Rhodes with TFNN will be right back. 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To see for yourself the types of profitable trades that are recommended within the gold report, sign up today by visiting TFNN.com. You know what's cool? Taking something that's good for you. Something specifically formulated to help with weight loss, better sleep, stress reduction, and the need to detox. Nick, our hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment. But today, our food sources no longer contain the vitamins, minerals and nutrients our bodies need to stay healthy and strong. That's why we need primal edge daily nutrition. It includes a special blend of ionic, soil based vitamins, minerals, fatty and amino acids in an easy to use liquid form. Primal edge is powered by highly concentrated folic and humic acids, nature's preferred delivery system. They have been called miracle molecules because like sunlight, air and water, life cannot exist without them. That's right Paige, they ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge, formulated and approved by Nico and Paige of living a primal lifestyle. Buy it today for just $89. Click on the primal edge banner on the front page of TFNN.com. This is David White.  Folks, the two minute wrap and we're going to wrap it up with Michael. Michael, thanks for calling. Thanks for holding. How are you? Do we have Michael? Do we have Michael? Okay. Some reason we must not have Michael, but he was dropped. Okay. But Michael was calling about, calling about ticker symbol SCHW. I wish I could tell you what it is. I can't. And I don't know what Michael was calling for, but it doesn't matter. We can just simply go take a look at the chart, see what its message is for us. So here's what we know with regard to ticker symbol SCHW. Back here, July 25th forms a TD set up nine count top. It does it on the bar following bar number nine, SCHWAB. Thank you very much, John. And goes ahead and makes a bottom with a road momentum indicator bottom. There's your bullish piercing candle on August 28th. Price bounces right up to resistance. Resistance was the 43-49 level. It actually got just slightly above that and went to resistance number two. Let me see what that price point was, 4404. Both of those established by the TD set up nine counts to the downside. It gets up to the resistance level, creates that little doji candle, a true doji candle where the open and close are virtually the same out there. That doji candles are really helpful candles at resistance. A doji candle, when the market opens and closes at about the same price, it tells you about what? Indecision. Indecision. That's why when price is getting up towards resistance, indecision, uncertainty. Not sure if it's going to be able to make it and take it on being resistance out here. I believe the doji candles, most important aspect, your unique attribute to it is when it's up at resistance. And this is what it was. And since then, it has backed down and is pulling right into breakout support of 3706 with a wide-ranging bar out there. I don't know if that's going to hold likely not out here, but prices sitting at support right now as of 1.56 in the afternoon. Folks, thanks so much for being here. Sorry we couldn't get to all the questions. We'll do a better job of that tomorrow. Hopefully, the system will be operating better as well. But stay tuned. Our favorite polar bear is up next, even if we are having global warming. Really? Hey, have a great Tuesday, folks.


What's good, George, but Ross back again with another video. And y'all know I've been waiting to see what Jim Cornette has to say about the whole Cody Rose stepping aside for the rock on WWE Smackdown. I'm very interested to see what's it's what his opinion is on the initial promo segment and and how he felt about it. And I've been waiting on this video. I know a lot of you guys that are subscribed to Jim Cornette are waiting have been waiting on this video. So I had to check this out as soon as he dropped this. So we're going to get right into this when we're not even waste any time. Let's see what Jim Cornette thinks about this whole situation. How it initially started from his initial reactions. But anyway, now we got to the main event of the evening, which was another interview, obviously. But at nine thirty seven p.m. Eastern, I clocked it. Roman Reigns began making his entrance with Paul Heyman and Solo and Jimmy Uso. And I know he's a big star. And I know that the entrance is the pomp and pageantry of the thing. Guess what? How long from the time the entrance started till he spoke his first word, Brian, guess the time elapsed? Six minutes. You are incorrect. Only four and a half. Wow. OK, four and a half minutes later. That's the one thing about Romans like entrances. You know, it's going to take some time.  So usually if his segments at the end of the show, they're going to give them about they'll probably start to segment around roughly around nine thirty my time. Well, eight thirty my time, and it's going to take him about five to six minutes for him to get down there. Don't let it be like a big pay-per-view event, PLE event, and the ramp is long or WrestleMania is going to take him about seven to eight minutes. He's going to milk that time, at least damn near. It's it's it's become a joke. But at the same time, we understand why they do it is to, you know, set up the fact that he's the big guy, the top dog, and he can do that. He can take as much time as he wants to get to the ring because he's, you know, he's been the guy that's carrying, quote, unquote, the company for so long. He spoke his first words and then we acknowledged him and then he moved on. And this was brilliant in a number of ways, what he did because he's and we got to address some of the things that were set on Monday. My little brother, Seth Rollins, this was so good. And nobody reacted. And then he said, that's right. No pop. So that was something. How about that? Oh, my God. Don't throw rocks at a man carrying a machine gun, Seth. And I hate that the writers probably told him to say most of those things, but he was wholeheartedly with it. But apparently it didn't get over on the island of relevancy. Yeah, out there in the South Pacific. But he says, Seth Rollins says he's got the title. The title, the blah, blah.  I beat all those guys that are contending for that. He told the truth that here's the heel telling it was devastating. Yeah. To the case they made on raw. Yeah. It was it was one of those scenes once he started talking about that and how, you know, he's the, you know, that's the loser bracket title. It makes things very questionable, questionable. If Cody does want to challenge for that championship against Seth because Roman essentially buried it. He said, well, the fans already know. So, geez, man. Obviously what everybody was thinking, because we said a lot of these same things, but so.  Yeah. And he said he runs around for two years and his wife's wife's clothing and calls himself the guy. Oh, my God. Well, yeah, I've worked 10 times less than you and I make 10 times more money. You people want Seth Rollins money or tribal chief money? He was cooking. Oh, my God. Stop it. He's already dead. He was cooking, Seth. I'm not going to lie. Just the toe of the boot just kept kicking him. And you wondered about those comments that Rollins made about him on Monday night. Wow, those are a little hard there. Yes. And that's and this is the was the perfect receipt. Yeah. And this is. And so anyway, he says, so Cody can do whatever he wants to do, because he's got values. It may and may not all be about the money with Cody Rose. So Cody can either be the very best number two in the world or take another crack at number one. And I mean, let's just stop there before we go any further.  I didn't think they were going to just disembowel and fucking. What's the circumcise or what's the word? I'm searching for neuter. Cut the balls off of Seth Rollins so verbally, but I think Roman may have been just a tad bit personally offended. It's kind of like when Lawler got hot when Jimmy Hart said, what do you do with a horse who breaks his leg? He shoot him. Did you see the video? I forget when it aired on this show, but it was Cody and Seth Rollins. It was Rollins doing commentary talking about the various champions of the NWA and the WWE. Once again, do you want to be the Hulk Hogan champion or the Ric Flair champion, the Dusty Rhodes champion? All of a sudden they had a Ric Flair montage. I was like, what is this? And I stopped the fast forward to see it. And it was all building up that promo. It was referring to that promo, I guess. It's that they're being too smart for their own good and that they're they can't build up the secondary title. Especially while Seth is the first and only owner. Only owner first and only owner of it. It's not going to be nearly as big or as important to the fans. Everybody else is the ones ones that Roman Reigns are wearing and we kind of knew that. Once again, WWE booked themselves in this corner would have and Roman have both the belts at the time. So they really they and once they unified it, it was over. So they had to they didn't really have to but Roman was working less dates. So he wasn't going to be on Monday Night Raw like that. He was, you know, he's only with SmackDown right now. So they essentially raw didn't have a top champion outside the gunter like a main top champion. That's really what it was. They booked themselves in this corner and we knew once they created the championship championship looks great, but we knew the fans knew this is just a secondary title or really before they unified the belts. A third World Championship title. That's literally what it was and not to discredit Seth Seth's been doing the best he can with that championship. But when we think of who has the top championship in the company, no matter how many great matches Seth has, the lineage of that championship doesn't really even exist. It starts with Seth so far and we all know Roman has the top premier championship with the lineage and everything else that comes with it. Unfortunately, that's just how they booked themselves into this situation. So he's wearing or whatever the goddamn grammar is.  Who knows? Well, anyway, when he said you want to be the very best number two or take another crack at number one, Cody music and he gets a big pop and he makes his entrance and they go to the break in the middle of an interview segment because it's already been going about eight minutes and they got a lot more to go. Bad break. But the cliffhanger is who is Cody Rhodes going to choose when he comes back or when we come back and they come back three and a half minutes later and the music still playing and Cody's just now stepping in the ring. So he must have stopped to have a coffee or whatever.  Yeah. And he asked Roman, can we have the ring to ourselves and Paul and so low and who so step out? And that's when Cody tells the story. I took counsel this week. I talked to family and friends and legends. And Seth has made great points in his argument, but I disagree. It's not the Hollywood title. It's the title that my daddy had in his hands and that's the title I still want. And everybody thinks over here we go. And then Cody says that Roman, you say all of this is yours. So finishing my story is taking everything away from you. Yeah. And I want that title. We cook and I'm coming for it because I want everything but not at WrestleMania. And that's when people kind of go. Even Roman was surprised. Yeah, he's like, yes. WrestleMania. What you talking about? And he says, I took counsel from one individual that I talked to that knows you very well. And I, yeah. And boom, the rocks music hits and Romans face changes the speculations was real and in a realistic way, not a way and the place goes batshit. And here comes the rock. And now by the way, the rocks music starts playing at 952 p.m. Smackdown goes off the air at 958 because they're on network time. And nothing else was said. Nope. Rock makes his entrance shakes hands with Cody. They hug. He whispers something in Cody's ear.   And finally is there about six inches from nose to nose. We go off the air. Yeah. So the last six minutes on the air. Nobody spoke. It would you but that's the thing is will dissect in a moment. The logic of it or the reasons for it or the potential backlash from it or whatever the case. A lot of backlash in two segment piece of business here. If you just want to talk about making people go batshit about something in the building in the room in the moment. Well part of it well part of it is that they've stacked it so that the Rock gets these kind of reactions because he keeps coming out as a surprise. The surprise pop is different than the advertised pop. Yes. At the I'm swallowing still I thought you were going some further with appearance he's made recently. It's a surprise appearance will send his music hits and people react to it.   It's him. Right. I mean I'm sure the people in Birmingham didn't expect the Rock to show up. No that wouldn't that wasn't part of the the advertised program. They didn't realize how desperate he is. But you're going to. Here we go. I'm being neutral because I see both sides of this thing and you could have bigger troubles than what they've got as far as oh god damn which major star do we put in this main event that sold a hundred thousand tickets already live but but this as a performance Roman was fantastic here and then Cody he's over and they want to see it and they've got him to where they want to see it. And I thought he performed this well even though that it is on the face of it the surface of it. We don't understand why he made this decision. Yeah we still don't. We do because we know the backstage news and the out of the ring news but just on the television. Yeah it makes no sense. K-Fade could I'm going to tell you in a minute how it could eventually but right now it doesn't make a lot of sense to the average fan go we wanted to see you do it and we like the rock but we you know. So the segment was great and it you know they've been doing ratings on Smackdown when you get star after star after star last week was almost two and a half million people I'm pretty sure this one when the numbers come out will be a big number and probably massive at the end because you at the very least even if rock was a surprise you knew that Cody and Roman were in the middle of the ring face to face so they're doing big numbers for this and it was a good segment on the program. All right and that's his initial takes on the whole situation. Once again when it initially happened for me when I was watching it it was a shock it was like holy shit the rock's there this is going to be very interesting this epic stare off but there was still a lot of questions that needed to be answered and we still really don't know we're probably not going to know into the WrestleMania media coverage so I definitely want to just check out to see what his initial thoughts were about this whole situation because it was wild. This was a it was a very entertaining segment that had the wrestling world talking and they're still talking about it so it worked. The question is will this backlash be something that trends all the way to WrestleMania and could this mess up the main event for WrestleMania if they do go rock and Roman we're going to see if that's the plan match officially so we just gotta wait for things to play out but comment down below. Let me know what other videos and clips you guys want me to check out or react to or if there's any other wrestling news stories you want me to give my opinion on. Let me know down below. I appreciate all of his support for 250k and I'm still going to speak to you to the rest of the world. Appreciate y'all thinking of me. See y'all next week. Peace.


Okay, so both. Can you do anything off? I can MC Rogue. What do you want to zap Rogue? Okay MC Rogue, MC Rogue. Crimin' for 1.2k.


In this presentation, we will take a look at the purchases journal for a merchandising company. Purchases journal will be used when we make purchases for a type of system that will typically be more of a manual system as opposed to an automated system. However, it is useful to know this in order to have an automated system because the automated system will generate reports that will be similar to a purchase journal and because it's good to know how different system works to know what are similar, what's different so that we better understand whatever system we are using. The purchases journal may better be described as the purchase journal on account, so that's going to be the major point, meaning if we make purchases for something that in cash, if we spent cash to make the purchase, then it will not go in the purchases journal even though we made a purchase because it'll go in the cash payment journal. So this is really kind of a short name. The accounts payable journal might be a better name for it or the purchases journal on account, but purchases journal is typically the term that will be used. Now we're going to make a purchase journal for a merchandising company and limit this to a very specific type of purchase which really is when this system would work best because if we purchase a lot of different things on account like we pay expenses and utility bills and you know the gasoline bill and whatnot on expense on account and we put it into accounts payable, then it gets a little bit messy because we don't have the separate columns that we could break out. We end up putting a lot into other and this system doesn't work quite as well. However, if all of our purchases are for something like in the case of a merchandising company inventory, then this system works great because we can just record this one line item for the entire time period whether that be the day, the week, or the month. In our case it will be for the month and then sum that up at the end of the time period and post it with one journal entry rather than recording multiple journal entries. So we're going to go through just a couple of these. This will look a little bit repetitive here because we will be dealing with the same type of transaction assuming that under the merchandising company we will be debiting inventory and crediting the payable for each transaction for the purchase journal. Then at the end of the month we're going to make the journal, the general journal entry which will be the debit to inventory and credit to accounts payable but not for each transaction for the entire month. Then we're going to post that to the general ledger. This is just an example of some accounts within the general ledger and then we will have the trial balance that will be generated. We'll see what the effect is on the trial balance at the end of the month. Note that our numbers will not quite be right until the end of the month because we won't be recording them to the general ledger. We won't be generating the financial statements in this system until the end of the time period in our case, the end of the month. First purchase, 7-5. We're going to say L, H, and G. We made a purchase and that's for 1500. So we're going to say in this case we're going to say it's inventory that we're purchasing. We're always purchasing inventory. We're using the accounts payable account to purchase inventory. So the journal entry is a debit to inventory, a credit to payable because we have not yet paid it and it's nice and easy here. We just got one number. They can represent those two items and this type of setup works great when this is the system being used. So then we're going to post this not to the general ledger yet. We will post it to the general ledger but not till the end of the time period in our case, the end of the month. We will post here instead as we go to the accounts payable subsidiary ledger, the subsidiary ledger being broken out by who we owe by vendor and so we might as well record that as we go because we're going to have to record it time by time, line by line. So we will record this in the L, H, and G credit side and increase 1500 to the subsidiary ledger. So we're just recording that over. We're going to do this once again. We got a company. This is another vendor we purchased from and we purchased 900 worth of inventory. This represents a debit to inventory and a credit to accounts payable for $900. We're going to post that not to the general ledger but to the subsidiary ledger for accounts payable. So here it is in the subsidiary ledger, credit side. We bring that over 900 in the subsidiary ledger. Next, we're going to do this again. We're going to say B company. We purchased $700 worth from the company and it is going to be posted. So that means we're going to debit accounts to see if I'm in debit inventory and credit accounts payable. We're going to post that not to the general ledger but to the subsidiary ledger for the company that's being the vendor. So this 700 we're going to bring down here. B company, we now owe B company 700. So that's going to be a repetitive type of process. We're going to have one more here, L, H and G. Once again, we purchased another 300 and that's debit to inventory credit to payable represented here by the 300, just that one line item that being posted then to the subsidiary ledger, not to the general ledger. We will be posting to the general ledger shortly, changing the balance from 1500 up by 300 to 1800 that we owe to L, H and G. We can then total this up. So the 1005 plus the 900 plus the 700 plus the 300 gives us a total of 3400. So 3400 is the total. Now it's the end of the month and we can use that total then to record the general journal. So note the saving of time here, only one journal entry instead of in our case four. And depending on the process, if we're buying inventory constantly throughout the month, this could save a lot of time in a manual system. So now we're going to record it just like it says up here, but not for each transaction instead for the total of the transactions. So we're going to debit inventory. Remember inventory is a debit balance account. We're going to make it to go up by doing the same thing to it, which is a debit because we're buying inventory. And then we're going to credit accounts payable. Accounts payable is a liability. Liabilities are credit balance accounts.  We owe more money. Therefore, we do the same thing to it in this case, another credit. Then we're going to post this to the general ledger. So the general ledger inventory is going to go up. I'm sorry. Yeah, inventory is going to go up. So it was at a credit of 1593. Now it was at a credit because we recorded the sales journal before the purchases journal. So it shouldn't be the case that it's not the case that inventory should ever be negative if it is something's wrong because inventory is an asset account and it shouldn't go negative. But as we record these transactions, as we go when we might end up recording the sales journal before the purchase journal and therefore we have a credit and then we'll debit it out 3400 flipping the sign. So 1593 plus 3400 this negative plus this positive gives us a debit balance of 1807. Then on the accounts payable side, we got the accounts payable here being posted there to the accounts payable general ledger taking the balance from zero up by 3400 to 3400. Once we have all the general ledger, we're just going to show those two ledger accounts that will be affected through this process. We then make the trial balance and we'll see these ending balances on the trial balance. So here's the 1807 in inventory general ledger. Here's the 1807 in inventory trial balance. Here's the 3400 accounts payable general ledger. Here's the 3400 accounts payable trial balance. Then we want to just make a comparison of the trial balance general ledger and accounts payable subsidiary ledger. Note that we're working here when dealing with the purchases journal accounts payable that being a primary account we are dealing with when we are using the purchases journal. This number here represents the fact that we owe vendors 3400 but it doesn't tell us who we owe. We don't know who to write the checks to therefore. This account down here in the general ledger gives us typically more detail but in this case of course this only represents the number from the end of the month because we didn't record the detail in the general ledger. It has been recorded in the accounts payable journal so it's on the in the purchases journal so here's the detail if we want to see it by date but it's not going to give us an easy breakout to buy who owes us the money. We don't want to see it listed by date. We want to see it listed by vendor. So here's the same information by vendor. The accounts put say payable subsidiary ledger in other words. So L H and G owes us or we owe them 1800 a company we owe them 900 B company we owe them 700. If we add those up that adds up to 3400 which of course is matching what is on the accounts payable general ledger as well as the trial balance.