We are at lecture 45 in the middle of 8.4 in the textbook So I'm kind of excited actually about what I'm going to do after this class that I'm moving a lot of my stuff from Harrelson Hall, which is a tired old building that I think is literally making me sick Through the ventilation system to the brand new building over there where old Riddick Stadium used to be across from Poe Hall So at about 11 30 today more than half my stuff will be in the back of my son's pickup and Moving into the new offices if you get a chance to walk in over there. It's really really a nice building So hopefully you'll get a Class in that building before you graduate. It's very very nice. I Don't think it has a name yet. I have an idea what the name will be Based on one of the donors, but it doesn't have a name yet Officially, what do you think it'll be? Griggs Hall. No There were based on my donors that the building would fit on this desk But someone else who has big deep pockets gave a lot of money. I think it eventually will be named after That man or his company which would be deserving the plan for Harrelson We still need the classroom space because our new building doesn't have Nearly the classroom space you would guess when you look at it because it's a big building, but it's a lot There's a lot of offices Mathematics will be over there and statistics in that new building And so everybody's offices in that those entire departments will be there including their graduate students So there are some there's a big auditorium Classroom that seats about 250 and there are several that seat in the 80s Some in the 40s, but we can't give up Harrelson yet. So I think the plan is to keep Harrelson active and used over the next five years or so and then Gradually like I think next year possibly the third floor of Harrelson will be closed off And then eventually when we've got enough classroom space the second floor And then the first floor and then the ground floor Things down there. So they'll phase it out And then eventually probably level it Yeah, that's built in 1963 It's unique, but it's just strange for a math classroom Okay, so let's um Start with what we left off with hopefully not the coughing fit But the content that was surrounding the math that led to the coughing fit We looked at this problem And I don't want to redo this one. I want to come up with another one That might actually get us to a reasonable error So we wanted the sum of this one accurate to three decimal places and we were kind of searching for that term That would not affect the third decimal place and then that's basically The first term that is not included So we would add all the terms together until we get to that point. So That one took quite a while to get there And there's another one that I want us to look at because I want to get factorial in a problem Before we use factorials in the ratio test So let's say instead of n cubed in the bottom Let's say we have n factorial and I think we'll See things getting there a little bit faster than we saw them getting there here as far as The level of accuracy that we want So it is alternating Uh, let's go ahead while we're kind of reviewing some things Let's see if this converges. I think probably not a doubt that it does converge with one over n factorial But let's go through the two-part test just to review. What's the first piece of that two-part test? Alternating series test Okay, is it ultimately decreasing So it's the n plus first term smaller in magnitude So we're ignoring the alternating part so the n plus first term with the Kind of the definition of what the value of the term is disregarding the alternating signs Would be one over n plus one factorial I'll put a question mark above this Is that smaller than one over n factorial? It is larger denominator smaller fraction. So that's true Um part of the reason I wanted to get factorial in a problem So I want to write out in a second what n plus one factorial is If you had to write out what n factorial is, how would you write that out? Okay, and let's throw that in reverse. So that's so the largest one is in right and we multiply n by n minus one n minus two Back to one right What's one factorial? Would be one times every integer that precede that Comes after it all the way back to one while it's already there What's zero factorial? It's one by definition. Okay, if it were not one by definition, we'd have some problems down the road So not that we get the zero factorial very often, but occasionally it comes up all right, so there's n factorial n plus one factorial should be n plus one times n times n minus one All the way back to one So could we say that n plus one factorial is really n plus one What is this? Times n factorial So we'll need that in the problem before we're finished today But clearly this denominator is bigger Then this denominator therefore the value of the fraction is smaller. So there's part one Uh, what else do we need the limit of the Value of the term other than the alternating signs Way out there to the right Is that zero That fraction one over n factorial as n gets larger and larger get closer and closer to zero Yes, so it is convergent by the alternating series test Suppose we wanted to let's go back to that same level of action. We went to the sum Accurate to three decimal places So it is convergent by the alternating series test So the question is can we find the sum Accurate to three decimal places So we don't have to search quite so far with this one Because factorials get there a lot quicker Then something cubed which is what we had yesterday So the first term is positive then we'll alternate signs from there first term is what one next term minus One over two factorial, which is one over two probably should have done this example yesterday instead of the one we did The search is a little more confined back to positive one over three factorial, which is One over six back to minus one over four factorial Four factorials four times three times two times one 24 Five factorial five four three two one in a product 120 Six factorial six times 120 720 They're getting the getting larger the denominators getting larger faster than the cubed values yesterday um Five factorial six factorial seven factorial seven times 720 50 40 And we could find more I think we're good So we want accurate to three decimal places Uh, is there a possibility that we are there? Let's see one two three four five six Let's check this one out What's the value of the sixth term? I don't care if it's positive or negative What's one over 720? Not good enough yet, right? Because we want accurate to three decimal places I think that value as we decided yesterday would in fact affect the third decimal place Sure, we're going to get it here What's one over 50 40? one nine eight so If we use this term the seventh term as our error term it looks like we're going to get the level of accuracy We want so if this becomes our error term Then we want the sum of the first six right the sum of the first six. Let me see if I jotted that down Point three six eight so we would want Those six terms added together somebody can check that out, but I that's what I have written down And that is accurate to the third decimal place because the next value if we would add it in Is this value which would not affect the third decimal place? So the sum is point three six eight accurate to three decimal places So we might have some changes, but they're going to occur in the Decimal places beyond the third That's a little cleaner More searchable example than we had yesterday. Plus I wanted to get factorial in there Uh another thing that we're going to need in a problem before we finish today questions on this before we Leave this are you checking that out katie to see if point three six eight is right? Didn't get it. Okay Yeah, that's not right point three six eight can't be right. So let's I'm checking it out because one is too large right Then we subtract a half which we always end up subtracting too much So we then we get the sum of the first two is a half So the sum is actually between one and a half. So that can't be right. Would you get six? Six three two I don't know where that came from. Let's get rid of it Got that too. Okay. Thank you. Thanks for checking that out Um another problem we're going to encounter besides n plus one factorial We're going to have a problem that has n To the n in it And then we're going to be talking about the next term Well, the next term would be n plus one Raise to the n plus one So it's to our advantage to simplify A little bit n plus one raised to the n plus one Isn't that and it might not Be exactly clear where we're headed with this, but is this a legitimate equation? Is n plus one raised to the n plus one The same thing as n plus one times n plus one to the n same thing Right because this would be to the first we'd have the same base In a product two things In a product situation with the same base we could add the exponents So we'd add the one in the end and we're right back to where we started So that's something else we're going to encounter in a problem That we need to solve before the class is over today All right next topic in 8.4 after the alternating series test and how can we approximate a certain number of terms in an infinite Alternating series and what how do we guess at the error or remainder? Is absolute Convergence And it is what the name says it is is that it's Not only is the series under consideration, which might be alternating Convergent so is the version that is not alternating. So it's absolute value. So we're really kind of Considering in a sense. We're considering two series at the same time the one that alternates and the one that does not alternate So here's an example of an Absolute convergence problem If it converges and it's absolute value converges. We say it is absolutely convergent So we're really considering this one In this one In a sense simultaneously If the non alternating version converges Wouldn't it make sense that the alternating version? also converges We can take a series that it's Non alternating version does not converge But yet it's alternating version does converge What's an example of that one over in we've already done that one over in By itself not alternating is the harmonic series which diverges The alternating harmonic in fact converges so This is kind of the one we have to check if this one is convergent Clearly the alternating series will also be convergent But there is a possibility that that they could differ in solution So what about one over into the fourth the non alternating version? converges Not because I say so or you say so It's p series p is four So the absolute value of p is Greater than one or greater than or equal to one Greater than and if it were one then if we'd have one over into the one which is harmonic So we want it greater than one So if the p series p is four the absolute value of p is greater than one then we know it converges If this one converges It's alternating version will automatically converge. So this is a series that is absolutely convergent Now we could go through the test Is the n plus first term Less than or equal to the nth term. Yes, larger denominator smaller fraction And is the limit as in goes to infinity is at zero Well, it doesn't it have to be zero because this one would not have converged if the limit were not zero In fact, if the limit were not zero, we'd say this one diverges, right? Which is one of the tests for divergent. So you can see if this one is convergent Clearly this one has got to be convergent. How could it go to zero if it were not ultimately decreasing? That'd be kind of tough to do And there's no way the limit could be zero if in fact this one did not converge. So once you get this one You're automatic on this one So that one as a first example as a second example one that we just talked about The alternating harmonic Compared to the harmonic itself So let's look at this one harmonic therefore Divergent we've validated that for three Really good reasons, but that's enough But Because this one was not convergent. We kind of have to test this one separately. We've already tested this one One over n plus one less than the predecessor. Yes Is the limit of the nth term zero as in works its way out there to the right? Yes So by the alternating series test this one is convergent This one we determined is divergent. So is this series Absolutely convergent It is not So if the positive term series is convergent Automatically the alternating one is convergent But if this one is not we can check the other one separately, but clearly already it's Not absolutely convergent All right, the bulk of what we need to spend our time on today is the ratio test Which is another test for convergence and we will use this Not only As a test to determine if a given series that doesn't have any variables in it Is convergent or divergent But we're also going to use it when we have variables in it as in a maclaurin series or a taylor series that have x's in there Under what conditions would one like that be convergent or when would it be divergent? So we'll use the ratio test in In the rest of this chapter quite a bit So here's how it's going to go. We're going to compare the values of the n plus first term In quotient form, so we want to divide these two the n plus first term divided by its predecessor We don't care if they were alternating or not because we're going to dispense with that We're going to take the absolute value And we want to see what happens to this quotient Way out to the right. What is the n plus first term? Divided by its predecessor So you can see why it's called the ratio test Ratio of the n plus first term divided by the nth term and we're going to get an answer l Now i bet you you can tell me What's going to happen based on what we get for l So let's say l Is smaller than one What does that say about the value of the n plus first term? Compared to the value of the nth term as we work our way way out to the right That this one Is bigger than this one right so if the top is smaller Then the bottom that means that the terms in a sense are Getting smaller as we go way out to the right so if they're getting smaller in this Passion now granted this is not a catch-all kind of test. We're not going to If that happens to the point where it's distinguishable way out to the right as n approaches infinity That's going to be good enough to determine convergence You say well, what about the harmonic? What if we did the harmonic? Well, we'll do that one and we'll show that this test isn't good enough to determine If it converges or diverges So you've got to at least trust the fact that if the limit is less than one It's convergent If the limit is greater than one, what's that say about the n plus first term? Compared to its predecessor Top's bigger than the bottom And that's not a good sign for convergence if the terms are getting a little bit larger as we go And you can tell which value we've left out Greater than one less than one What about if the limit is one? That means that the n plus first term Is for all practical purposes exactly the same as the nth term We can't we don't know we can't make a decision In this case the ratio test fails to give us a conclusion So they're basically they're indistinguishable one they might be getting slightly smaller But it's not enough to say that there's a distinguishable difference between the n plus first term and the nth term Hopefully that stuff Really makes a lot of sense that they're getting smaller very it's distinguishable Clearly that one the n plus first term is smaller than its predecessor That's got to be a convergent series If the n plus first term is larger, that's a problem So they're going to diverge and if they're indistinguishable We're not going to be able to make a decision So it's not a End-all kind of test. We're not going to be able to answer everyone Let's go the first example to the Harmonic we know already for three very good reasons that this is divergent What is the ratio test going to look like? What's the n plus first term? There's the n plus first term The nth term is one over n. I could take the absolute value, but It doesn't have any bearing on these because in the n values are all positive anyway So we'll multiply by the reciprocal What about n over n plus one as n approaches infinity? one right One in over one in plus one this plus one as we work our way way out to the right is going to be pretty insignificant, right? 600 trillion over 600 trillion plus one Not a whole lot of difference between the numerator and denominator So the limit is one We already know this diverges, but according to the ratio test We're right here. It's Distinguishable the n plus first term and the nth term Way out to the right. So this test wouldn't tell us That it did one or the other, but we already know it diverges. So I guess the reason to do that as an example is You've got to be able to trust the fact that if the if it is distinguishable and the limit is less than one That would be a convergent series Okay, first real example That's kind of a pseudo example alternating In cubed Over three to the n So when when would be the situation where we would need to use the ratio test If it's an infinite geometric series, we don't need to use it. We have a better way In other words, if we can use a more straightforward way We would use that I don't think we have a more straightforward way for an alternating series That has n cubed in the numerator and three to the n in the denominator I don't think we've dealt with anything quite like that before As a certain type of series other than alternating So the ratio test Is going to look like this I'm going to write this the first time, but you won't need to Write this every time negative one To the n plus one n plus one cubed Three to the n plus one does that look like the n plus first term? Everywhere there was an n there better be an n plus one if i've done this correctly So there's the n plus first term We're going to divide it by the nth term which is normally the way it's handed to us So what does the absolute value do to the fact that these might be alternating one positive one negative Won't that always be the case between two consecutive terms one will be positive one will be negative But doesn't the absolute value more or less take care of that? So we can kind of dispense with those you don't even need to write those into your problem See anything numerator and denominator that can reduce three to the n And three to the n plus one Leaves a three where In the bottom right this has three to one higher power than this one And we've got something cubed and something else cubed So i'm going to bring that three out in the denominator. I'm going to bring that out as a one third I don't know. I don't know if I like that any better than the other This one Or this one not going to change the answer We look at it this way n plus one over n as n approaches infinity I don't like that and I'll I'll come back to why I don't like that as well as this one I'm going to abandon this one. It's true, but As long as we have a finite exponent We're in business with that if our exponent is something that is itself increasing and getting larger That may not be the best way If n plus one were cubed what would be the first term? I'm going to scrap that we could use that but i'm moving over here What's the first term of n plus one cubed? Incubed is everything else of lesser degree? Yes, so we've got some other stuff up here Not needed. Why is it not needed? Because they won't really matter. This would be the dominant term as n approaches infinity, right? So we've got n cubed plus some stuff of lesser degree Down here. We've got n cubed So what happens to n cubed? Plus some stuff of lesser degree Divided by n cubed as n approaches infinity One right that approaches one For the same reason that we had earlier would we have an n plus one over n? That was one n over one n here. We've got one n cubed and one n cubed So our answer is one third. So do we get a conclusion on this series? right so the limit Which was equal to one third is less than one So this one converges by the ratio test This one would work. I just think this might be a little better line of thinking Since we've seen things like that in the past Get the first term everything else is of lesser degree n cubed over n cubed no matter what other stragglers they have with them that approaches one All right, last example. This is kind of cool actually It's got some factorials in it. It's got n to the n in it Not that we do non-cool examples They're just not always as cool as this one is n to the n over n factorial I don't know if you have a intelligent guess as to whether that converges or diverges That one's kind of tricky to make a make a stab at But let's see what happens with the ratio test So wherever there's an n we now want an n plus one So there's the n plus first term over the nth term Don't tell Jacob about that what I said for not to tell him Just kidding Yeah, that's not just n. It actually has mathematical significance So we have n plus one to the n plus one It is always interesting to get that question. You know, what does that mean? So we'll multiply by the reciprocal of the one in the bottom This is why it was hesitant in the previous problem to Do n plus one Over n put them together when it was cubed because we do not want to do that here Because it's an unknown exponent In fact, that becomes the crux of this problem All right, let's do some simplification in the top and also the bottom And we've done both of these already So we've got an n factorial in the numerator And we've got an n to the n sorry In the denominator. Let's leave that alone Let's rewrite this Isn't that the same thing as n plus one Times n plus one to the n. Is that correct? We did that a few minutes ago Question Nicole Yes So before we get there Everybody okay with that n plus one raised to the n plus one is the same thing as n plus one Times n plus one to the n There's a reason why that becomes beneficial And Nicole you were going to rewrite this one as what? Everybody all right with that? So what are the advantages to simplifying that term in the numerator and that term in the denominator? Yes, so n plus one over n plus one Clearly that's one no matter what n is approaching n factorial over n factorial Here's what I think is the cool part of this problem We've got n plus one to the n Over n to the n Since we have them both to the n We can do the division first and then raise the quotient to the n now The tendency with this which I didn't want to develop that mindset in the previous example is to look at what's inside And say n plus one over n as n approaches infinity The inside piece goes to one And then we'd have one to the n which would be one which would mean the we fail on the ratio test But when this is headed toward infinity One to the infinity may in fact not be one That's an indeterminate form One to the infinity So let's break this piece down right here a little bit further We've done this before but not in a problem just like this Let's take everything inside this quotient And the key issue to this when would you want to do this you would only want to do this when the power Is getting infinitely large If it were something cubed something to the fourth You're not going to experience the same thing that we're going to experience in this problem by letting it go all the way To some infinitely large power So the n gets divided by n The one gets divided by n and this n gets divided by n inside the parentheses So n over n is one One over n we're stuck with one over n and in the denominator We also have n over n So anything over one is just that now that's Maybe A whole lot like what we started with but it in in essence is very different. Does that look familiar? One plus one over n to the end I guess not something yeah, one of those yeah pi b One of those Let's put in some values If n is a hundred What's one plus one over a hundred raised to the one hundredth power somebody else put in ten thousand What happens to one plus one over n to the end as n gets infinitely large You look at that and you say well, that's just one to the end It isn't because This is probably what 2.70 and this is probably 2.718 I would imagine we're getting pretty darn close Pretty darn close to what? e So that's one of the definitions of e or one of those numbers right in this case. It's e So there's our conclusion Not really our conclusion, but it's going to help us with our conclusion If the limit is e What's our conclusion about this? It diverges Because what the limit was larger than one right? It's kind of a unique problem that we end up with n plus one over n raised to the end and Everything tells us that that's one But if we really analyze what happens to that it isn't one. It's the value e So e larger than one the limit is greater than one therefore the series diverges Uh, let me make sure that i'm not leaving anything out here. This is kind of some interesting wording I guess we should look at it before we leave it So back to the absolute convergence by definition a series is absolutely convergent. This is in the book If the series of absolute values Of that series is convergent So basically if the positively termed series is convergent So is its alternating series companion The series a sub n is absolutely convergent that that actually just kind of sounds funny If it's absolutely convergent then it is convergent, right? So why what why would that be stated? If a series is absolutely convergent Then it is convergent It referring to possibly the alternating version If it's convergent Absolutely In its positively termed series. We don't even need to examine the alternating series So if it's absolutely convergent, certainly it's convergent both of them are positive and negative versions Glad we looked at that Here's the ratio test. Let's make sure that we Came up with the same conclusion We take the limit of the absolute value of the n plus first term divided by its predecessor way out to the right We get a number hopefully L L is less than one then that series is absolutely convergent I guess we didn't throw that word in Probably should because what did we do? We did away with the alternating part and we looked at just the positively termed series because of that So if the positively termed series is convergent so is its alternating counterpart So we can throw that word in absolutely convergent If we get an answer that is greater than one certainly infinity is greater than one Then the series is divergent So they don't even mention what happens when l is one. So in other words, there's no conclusion Absolutely no conclusion. Let's let's add that in absolute in that decision Okay, we have five minutes left, but I'm not going to start power series Which is section 8.5 with five minutes remaining So let's start 8.5 tomorrow Web assigned when do we have web assigns do? Two days, okay So tomorrow would be a good day probably if you have web assigned questions Since we're meeting tomorrow and not meeting Thursday


The following is a presentation of TFNN. The morning market kickoff with your host Tommy O'Brien. Good morning everybody I'm Tommy O'Brien coming to you live from TFNN 8.30 AM Wednesday morning 60 minutes to go until that opening bell and we got markets right now in positive territory. We're right back in the middle of the trading range we had on yesterday S&Ps up by 11 points trading at $32.24, got the Nasdaq up $72 at $10,612, Dow up $59 points trading $26,356. Quite a night for gold as well up about $6 reaching $19.77 putting that on some context that's a new high for gold. Make a print quite an acceleration you put things on a 15 minute in gold. Talk about reclaiming the entire $75 run we had from early Monday night that is to the lows early early Tuesday and quite a charge back from 1900 on the dot we're currently trading 1970 at the price of gold. Crew contract 41.43 up on 39 cents on the session we get inventory numbers for crew 10.30 AM two hours from right now Tom and I will be on the air for those. Notes and bonds pretty flat action right now you got the tenure up one tick 139.23 we reached a low early yesterday at 139.08 we're kind of just settling back into the area we've been comfortable with and there's your action there's the bar I've drawn a couple highs to date 139.22 139.21 139.22 and we're dealing with highs over the last couple days within basically one to two ticks of that price level and we're right back at 139.25 all right jumping around to what else we have happening this morning we got a lot of earnings we'll jump through Boeing will start it off with a little bit higher on their numbers there's your volatility Boeing closed yesterday at 170.84 we're currently trading at 172.85 pulling up their numbers to start things off reporting a net loss of 2.4 billion they slow aircraft production amid the coronavirus we can demand in addition to its grounded 737 max the band is also slipped for Boeing's higher priced 787 Dreamliners so they have their conference call two hours from right now at 1030 in the morning loss per share 479 the market was looking for 254 revenue quite a miss as well 11.8 versus 13.16 revenue fell 25 percent 11.81 from 15.75 remarkable that Boeing still took in 12 billion dollars almost when you think about what's going on the problems they're having with the 737 maxes and no airlines flying but they're set to detail the impact Boeing has more than 470 planes sitting on the ground that haven't been delivered to customers most of them that 737 max quite an inventory they're dealing with there's the action on Boeing this morning up a bit on their earnings all right before we go through we got GE GM Spotify Starbucks but before that we are looking for where are we there we are Mr. Powell so Fed Day concluding today out with the statement all but expected to stay the course but it'll be really looking for what they're going to be doing in the future future guidance and what they're going to have to say wind down the two-day meeting at 2pm eastern time statement followed by a press conference by Jerome Powell I believe that starts at 230 so I imagine the market going to calm down right as we get towards that whether it's 12 one o'clock at least as we wait for Powell to come out on what they are going to do in the future and how they're prepared to deal with an economy that is not quite back to anywhere near pre-covid levels okay getting back into earnings general electric shares are higher after second quarter revenue slightly better than expected revenue 17.7 billion for GE they were looking for 17.1 loss per share though 15 percent excuse me 15 cent per share loss the market was looking for 10 GE shares on that action there's your pop from 690 almost 689 to 720 currently trading at about 703 their conference call began at 8am eastern time all right GM out with their numbers as well before we jump to the numbers trading higher to 2744 from 2633 jumping back to GM numbers 800 million dollar loss they're trading higher on these numbers folks but this is the world we're living in US vehicle sales fell 34% from a year ago lost about 800 million and burned through billions of dollars in cash in the second quarter let's see so 34% drop in US vehicle sales they had made 2.42 billion during the same three months last year company burned through about 8 billion dollars in cash during the quarter my goodness a number that analysts investors are closely tracking yeah they better be it expects to spend between 7 and 9 billion in the second quarter that's quite a number you're talking about 17 billion dollars over 180 days GM positive on that news but for some context as I like to say from 35 to 14 I mean we're going to open at 27 we were trading at 30 before the world knew of COVID and what it was going to do to the economies and you're talking about a country that just burnt a country company that just burned through 17 billion dollars in 180 days and you go from 35 just to 26 27 but let's jump over to Tesla from the car companies Tesla trading higher today at about 1500 there you see the recent volatility it's had putting it on a shorter timeframe for Tesla 1499 car up a bit for Tesla shares this morning okay what else we have going on before we continue with the earnings big day for the tech sector as you have Facebook Google Apple and Amazon they are all in front of Congress we'll see how that happens in terms of what they have to say and the questions that they face cool story out here for Kodak shareholders so Trump announces a deal to manufacture generic drug ingredients this chart folks wait till we jump over to it Eastman Kodak stored on Tuesday after Trump announced a deal to work with the photography pioneer to produce ingredients and generic drugs in response to the coronavirus the US government awarded the company 765 million dollar loan to start producing drug ingredients under the defense production act the first of its kind 33rd use of the defense production act will mobilize Kodak to make generic active pharmaceutical ingredients Trump said in a press conference Tuesday evening we will bring back our jobs and we'll make America the world's premier medical manufacturer and supplier codex that on Tuesday will produce pharmaceutical components that have been identified as essential but have lapsed into chronic national shortage as defined by the FDA all right I think it's EK is that symbol let's see Kodak KODK maybe he's in something wrong there you go look at this acceleration right so you go from Monday night you trade in the range of between eight and 12 yesterday and you're going to open you close at eight and you're going to open almost a hundred percent higher at this point even from the close yesterday currently trading right at around 15 for Eastman Kodak talk about a reversal of fortunes a lot of reversal of fortunes going on I mean this is going back the year you really got to stretch things back look at this right from 37 and 2014 to $1.50 in March of this year and you're going to open back at $15 back in this level you were trading at between about 2016 remarkable action all right let's jump back to the markets we'll check out the VIX this morning we get the S&Ps up about nine points VIX trading $24.98 made it as low as $24 yesterday and checking in on gold as we get ready for this first break gold holding steady about 1970 this morning stay tuned folks we'll come back from the break see what else we have on tap for Wednesday trading big day earnings tomorrow as well we'll take a look at some of those companies and we'll be right back in three minutes stay tuned 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 or on the front page of TFNN.com TFNN has launched our brand new website you can still visit us at the same TFNN.com URL but when you do you'll see a new and improved homepage with a much simpler navigation whether you're watching Tiger TV live in high definition or 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 the gold market has taken off top side in a large way in 2020 if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report took profits in four of its equities in the gold portfolio in the first week of January for a combined profit of 99.2 with two positions left in the portfolio that have a profit of 67.5 as of January 7th the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30-day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold silver bonds the XAU HUI GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting TFNN.com don't miss out on the next great gold trade sign up today are china A shares hot or not if you trade china A shares now may be time to take a closer look trade CHAU or CHAD directions daily CSI 300 china A share bull and bear ETFs china A shares in either direction visit direction investments dot com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the 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 then hit watch tiger tv that's TFNN.com then hit watch tiger tv for the latest market information this S&P is positive by eight we get the NASDAQ positive by 47 the Dow positive by 39 and we got Shopify positive by more than $100 not bad folks all-time highs for Shopify this morning charging higher on pretty dramatic numbers we'll get into them in a moment we closed yesterday at 985 the bid ask 1093 by 1094 and it's just climbing the conference call beginning when we came on the air at 8 30 a.m. and it's already up almost $20 from when they began so things seem to be going well on that call in terms of what they're talking about shares jump after they report a revenue increase of 97% so check out these numbers the uptick in demand for e-commerce platforms accrued to Shopify in the second quarter second quarter revenue rose 97% to 714 million from a year earlier the estimate was only for 513 million percentage wise staggering you almost can't overstate how big of a beat that is when you're only supposed to take in basically half a billion dollars and you take in almost three quarters of a billion dollars you got their CFO of course out there touting the value proposition on full display in our second quarter and we use Shopify it is a great platform for TFNN so you can understand it's remarkable the acceleration though right at the right time they make things as easy as possible people move it online to service their business and this stock I mean for some con we were down in almost $300 in Shopify originally you go from about 600 pre-covid down to a low of let's find out exactly 305 and we're going to open I mean it's almost going to be a four-bagger pretty soon at 1200 from the lows in Shopify currently like I said the all-time high right now 1074 and we're about $20 above that level climbing towards 1100 I mean even look at look at since I pulled it up this thing is accelerating folks 1100 for Shopify all right what else we got going on getting back into earning Spotify paid subscribers hit 138 million as streaming demand rebound so Spotify in the news recently right they pay for that Joe Rogan podcast possibly a hundred million dollars a year getting more into the podcast business out with their numbers pretty good numbers 138 million premium subscribers which account for most of the company's revenue up 27% from a year earlier analyst we're looking for 136.4 so they beat that by about 1.6 million and revenue was 13% to 2.22 billion US dollars for the three months not a bad deal taking in 2.2 billion dollars in 90 days and Spotify there's your action on Spotify though man oh man let's talk about price for perfection from 268 we're down to 256 the conference call beginning at eight in the morning but they did not like those numbers and uh yeah there's there's more buried in there it's always about the forecast possibly what what are you going to do for me the next three six months etc okay jump it over to Starbucks shares higher as investors shrug off the coffee chains loss and hope worst of the pandemic is behind it is the quote they come in with an adjusted loss of 46 cents for the fiscal third quarter the customer the company estimated that it lost 3.1 billion in revenue due to the coronavirus they open 130 net new locations globally I mean that's pretty remarkable to be open 130 new locations across the globe as this is going on jumping over to Starbucks shares to see where we're at this morning there's your pop higher from 74 up to 80 sitting at 74 48 that's quite a pop for this company uh last night with their numbers for some context again from basically about 90 uh even as I back this out Starbucks one of the companies they were hit early on because of their exposure and their business in china so you're looking at this probably in january as things are shutting down in china not quite sure that we were going to have to face the same uh consequences of course we did but this is where you saw the pain begin really for Starbucks we're trading about 93 you deal with some volatility then the us markets fall out of bed so we're dealing with 90 down to 50 we're going to open this morning at about 78 and again that's right where we are even in early june when the market had that run you had Starbucks as high as 83 62 actually now you're dealing with stuff though i'm seeing headlines out there you know hong kong may have a a break an outbreak of this going on so it's something that's very fluid and maybe maybe there's some fear in here that it could creep back into the asian markets which they are exceptionally exposed to so getting into it loss per share 46 cents market was looking for 59 revenue 4.22 market was looking for 4.07 fiscal third quarter net loss 678 million down from 1.37 billion a year earlier for their income costs related to the pandemic paid leave safety measures all of that net sales dropped 38 percent so there's your number global same-store sales plummeted 40 during the quarter but consumers spent more on their orders sending the average check up by 23 percent amazing how these trends are changing winners and losers same-store sales fell 40 in the quarter i was looking for if they said something about you know how they've how they've recovered in terms of june in china starbucks second largest market same-store sales declines less steep falling only 19 percent and 12 percent of the orders were for deliveries okay jumping around to other stories out there for earnings you got barkleys out there post profit slide they set aside 1.6 billion pounds for their related loan losses doge bank out with their numbers earnings beat as restructuring continues amid the pandemic so they net loss or triple you share how those 77 million euros for the second quarter beating the expectations let's see how they're trading this morning for whoops there we go db and we're going to be a bit lower let me get into there's your action uh is that doge bank yes it is 901 so far this morning all right let's pull up some of these tech stocks they're going to be in front of washington we got amazon shares ain't no thing up about 35 dollars as they prepare to be in front of congress zuckerberg facebook positive as well with the market s and p's are up about 10 so you got facebook up about a dollar 30 ahead of that number google shares alphabet 1511 from 1500 on the dot last night and of course whoops apple aap l 375 57 some volatility recently for apple some context look at that drop off from 399 to a low of 356 currently trading 373 right now on apple all right let's jump over to oil oil we got our crew numbers 10 30 a.m pretty interesting where this is settled out right i have this marked on the chart this was where oil really fell out of bed we had coronavirus fears already rocking we're dealing with march 6th here the date south arabia comes out dramatically starts a price war cuts things overnight to a dramatic price tag you have oil go from march 6th trading at 46 to march 9th trading at 27 the low of that march 6th date 4105 on that date and we've just been very very comfortable hovering right around these levels action made it to a high of 4251 on the 21st that's eight days ago and made it to a high of 4236 on the 23rd so that's talking about six days ago uh currently trading about 4135 with crewed numbers expected to come out about an hour and a half from right now on the air okay jumping over to the front page of tfnn this is the final week folks i started my newsletter report rocket equities and options i encourage you to check it out you can save 50% on the first month folks lock in the price save 50% use the pro promo code rocket if you don't like it enjoy the 30 days cancel it you can get a 30 day money back guarantee all the details right on the front page of tfnn and that's the last week because this is the last week of july i'm going to wrap up those monthly numbers we're going to wrap up monthly trading we're going to be in august trading come monday stay tuned folks we're very back in three minutes well but what else we have on tap Wednesday trading we're right back back in the day i joined the hotel california in 2006 and like many of you was drawn in by as well as whatever you think about you bring about whatever you focus on grows you see i believe that everything in life happens for us not to us and tom ignited the fire within me to want to learn how to master the markets so how did i go from knowing nothing about technical analysis to becoming the number one market timer for the s and p 518 and the number two market timer in 2019 simply put i hired coaches with a proven track record which led me to a whole new set of tools that i created to interpret the message of buyers and sellers i would love the opportunity to teach you this award-winning set of tools and help you improve your market timing you can test drive my newsletter service mastering probabilities for the next 30 days with no risk to you plus you'll gain access to archive workshops that'll take you step by step through my system sign up today by going to the home page of tfnn.com and selecting mastering probability in the newsletter tab 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 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 risk-free 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 the 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 educating investors 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 nika 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've been called miracle molecules because like sunlight air and water life cannot exist without them that's right page 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 page of living a primal lifestyle buy it today for just 89 dollars click on the primal edge banner on the front page of tfnn.com Don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv for the latest market information welcome back folks checking in on some coronavirus numbers tough day for deaths yesterday in some of the hardest hit states i talked about yesterday in the program that you may actually see some downtrends in the averages in some of the hardest hit states deaths unfortunately lagging the spikes that we had in cases so you're seeing some of those spikes happening in those states jumping down to florida florida as i mentioned cases you like to see the decrease in cases but we're seeing record deaths 186 186 recorded yesterday as that number lagging we actually peaked out in cases for the average at about july 17th peaked out in cases for the raw number you're talking about that day when we had about 15 000 july 12th so we're dealing with we're about 17 days past that 15 000 day mark in july but jet jumping into the numbers so florida california texas all reported record high averages california 185 new deaths pushing the average up to 113 florida the 186 i just referenced we're now dealing with 130 on the average and texas reported 200 new again hopefully we get over that hump we have decreasing cases people wear masks social distancing and we bring down some of these stark numbers in some of the states going on right now okay jumping back to the markets as we get ready for this open stay tuned folks we got our man larry pezzavento back in the saddle he's coming up live next right now the s&p is trading at 32 21 checking back in on that gold contract inching a little bit higher 1974 right now putting that on a five minute chart you see a little bit of a pop even in the last since 825 this morning we were trading at 1967 gold now trading at 1974 checking in on silver quite the fall off yesterday in silver and we've just settled back at about 24 50 in the price of silver this morning notes and bonds as i mentioned pretty calm action the 10-year comfortable right at around 129 24 this morning and that 30 year currently trading at 181 18 up about four ticks on the session all right folks stay tuned we got our man larry pezzavento coming up live next it's fed day live programming all day i'll be back at 10 o'clock with tom fast market at 11 o'clock basal chap in the noon steve roads at one dave white at two fed announcement at two that should be an interesting afternoon and tom o bryan my dad rounds it out from three till four stay tuned folks larry pezzavento coming up live next we'll be right back


It's time. It's time. It's time. For what? For the curious giraffe show. Sit back and relax. So we'll sing, chat, and laugh all on the curious. Welcome back everybody. You have such great energy today. And I've asked Olivia if she will help Jeanette Giraffe find out who's who on the curious crew today. What's your name Claire? Hi Claire. What's your name? Donate. Hi Donate. What's your name? Julia. Hi Julia. Hi Emily. I would like you all to meet my friend Fran Friedman. So let's say hi Fran. Hi Fran. Hi. And who am I? Dorothy. Hi. I'm so glad you all could be here. Now the giraffes have been talking to me during the week. And they have a new question for us. But we're going to start with our verse about the zebra. Okay so you can pretend that she's looking over at zebra wondering. Let's start. Go ahead. Giraffe looked over at zebra and said why do I have spots? Why do you have stripes? Zebra just shrunk and said we come in all types but we all share one big sky. Oh yeah. Share one big sky. Share one big sky. Give the world a big high five. Yeah we're different and we know it but we all get along. Cause we can all share and we can all care. We're different but we all belong. Giraffe looked over at his mother and said why do I go to bed at a certain time each night?  Oh yeah. Share one big sky. Share one big sky. Give the world a big high five. Yeah we're different and we know it but we all get along. Cause we can all share and we can all care. We're different but we all belong. That was wonderful singing and they wanted to ask that because different people have different feelings about bedtime. So first of all I'm just curious how you feel about bedtime. How many of you say yippee yippee yippee I'm glad it's bedtime. Do you feel that way Dona? Yeah. And why do you feel that way? What's so good about bedtime? Because I don't have to sleep on the floor. No where do you get to sleep? Yeah so you get a nice quiet place to sleep. And Julia you said you like it. Because I have to do many things in that day and I have to do extra things after school so it's really tiring.  It feels good to settle down great. And some of you how many of you say I'd rather not go to bed? Me. Okay so Claire tell us about how you feel about bedtime. I'm worried I'll never get to sleep. You get anxious whether you'll get to sleep or not. Okay how about Emily? I keep going to bed because I get less time to play with Lauren and Sophie. Oh how nice.  Yes. Lauren and how do you feel about bedtime? You want to tell us or not? Not right now. Okay that's fine. And Olivia do you want to tell us? I just can never get to sleep when I stay up way too late and I'm always just so tired. Okay. And I just don't like it. Okay. It's hard. It's hard to play. So we've got a couple songs about those different kinds of feelings. So the first song was about a friend of mine whose child had a hard time going to sleep and the reason for her was not that she had so much energy but that when she got in a quiet space all settled down for the day she would start worrying. And it was hard for her to sleep because she worried so much. So my friend called me and she said Dorothy would you please write a song that could help Aria feel safer at night so she could just close her eyes and let go and know that everything would be okay. And so I wrote this song so I thought we all could sing it and you can be singing to Aria or to yourself or to someone you know who might need a little reassurance that when they close their eyes everything will be okay. Aria. Aria. Aria's a person child of my heart. Aria.  We believe that each and every one of us, inside of us, even when the lights are turned down dark, that we have our own little light and we can close our eyes and picture that if it helps us. So, but other people have trouble settling down because they still have energy left over. So how many of you sometimes dance before bedtime? Do you, Dona? Do you sometimes singly? Yeah, go ahead Dona. Sometimes I just jump on my bed a little. Oh, to get it out. Well today I'm going to invite you to stand up right here and we're going to do the pajama dance. And as our friends in the audience know, I invited you to wear pajamas today, those who wanted to. So stand up please in your pajamas. Hold on to some of your toys. We're going to sing about dancing with our toys. Okay. Pajama dance, pajama dance Jumping around in our PJ pants Momies are tired and daddies want to sleep They're not ready to count those sheep So we'll dance around Trying not to make noise Dance around with some of our toys Teddy bears love to dance with us But when they start to stomp It's just a pupa Pajama dance, pajama dance Jumping around in our PJ pants Grandpas are tired and grandpas want to sleep But we're not ready to count those sheep So we'll dance around With some of our toys Dance around Not making any noise They're up, we're low Our trains are happy to dance with us But when they doot their whistle Too, it stirs up our fun Pajama dance Jumping around in our PJ pants Sisters are tired and she wants to sleep Books are at one But when they fall down It stirs up our fun Going down Feels like we danced all over the town Our stuffed lions have stuffed their outside And someone's snoring Curling up to bed Have any of you ever counted sheep to get to sleep? Yes, and why do you do that Emily? I feel like I never get to sleep And how does it help? It slows me down a little bit Okay, so that's why sometimes people count sheep And I just wanted to share This was a very special book that I dropped When I was your age or even younger My mother used to read to me from this book And I wanted to bring it out and show it to you Okay, so now before bedtime We have Fran here who's going to tell us a story And she has a surprise for you in the mystery box I'm going to help because you've got your hands full Yes, okay Well, I have a question Am I wearing sneakers? No I was trying to wear my sneakers And I put my sneakers right by my bed when I went to sleep But do you know what happened? What? In the morning I woke up My sneakers weren't there Uh-oh And it happened five nights in a row Couldn't find my sneakers So the sixth night I figured I have to find out where my sneakers went When I went to bed So sixth night I got ready for bed Put on my jammies, took my sneakers off They were a little small They're very comfortable And so I put my sneakers right by my bed Should we put them right by my bed? And while she tells her story If you quietly would like to take your sneakers And put them right next to you Right by your bed You can But you can go ahead while they're doing that Tell us your story So, as usual, I put my head on the pillow Normally I close my eyes The next thing I know it's morning But this time I wanted to find out where my sneakers went So I put my head on the pillow Can you put your head on your pillow? Very good And I pretended to go to sleep And then, do you know what happened? It was 10 o'clock I lied in bed I will tell you what happened to my sneakers I can't figure it I can never find my sneakers In the morning Whenever we're up Is the question that runs through Help your sneakers, go ahead It's going back Where did they go? It's creeping right past me Tiptoe at my door I follow them to see And down the hall Oh, so quietly They never stop to hit the lights Outside a laughter And such fun Some jump rope Some heart is so quick to buy It's held to scale They're all corrections No time to dig into my house They don't seem to be fine Answer to the question To the playground they wanted to have fun Before they went to bed Okay, so now Put your sneakers to bed again Tuck them in Do you like to be tucked in? I love to be tucked in Well, I brush my teeth and wash my face And I put my clothes away And I tidy up my room I fit just to finish up my day And maybe I'll turn down The lights real low And wait for the person That I love so Tuck me in Tuck me in Tuck me in I love to be played And those covers up to my chin Tuck me in Tuck me in Tuck me in If you want me to sleep at least Please, please Just lie back here and suck Cause I know if I wait patiently We'll soon get passing by And I will just turn down The lights real low And wait for the person That I love so Tuck me in I love how you bring those Covers up to my chin And tuck me in If you want me to sleep Please, please Tuck me in I think we're gonna have a good night's rest Okay, well we don't have a whole night to sleep So let's just imagine The earth turned around From darkness And the sun is coming up The morning winds are blowing As you start to wake up You can start to stretch And then you're awake enough You can join me in the morning song Morning winds are singing Singing to the trees Morning winds are singing Singing to the tree To the fresh new breeze To the sun Morning winds are singing Singing to the sun Who day has begun To the birds Morning winds are singing Let your voice be heard To the land Morning winds are singing Let the day be grand To each boy To each girl and boy Morning winds are singing Show the earth your joy To each boy and girl Anything else before I turn to the next song? Is there anything else you'd like to share about What bedtime is like at your house? What you do? She mentioned washing your face and brushing teeth Are there any bedtime routines That you'd like to do? Claire, great Yes, Dona Taking a shower Would you like to take a shower at the end of the day? That helps Yes, Lauren It sings a song Oh, how wonderful A story and songs Olivia My parents say me a song took me in And sometimes read me a book That's great Anybody else? Yes, Julia I read myself a book And I also do all my bedtime routine And I do my homework So you can go to bed knowing it's done And yes, Olivia And I usually can read my own books You could do either You can enjoy both Emily, do you want to say anything else? I do the same as Lauren Yes And I heard a couple of you mention That sometimes you get songs at bedtime And that's a surprise to me But a wonderful surprise That's a nice idea I'd like to share with you What do you do to get ready for bed? After I brush my teeth That helps me Somehow that body Just doing that signals to me Okay, it's the end of my day And then I like to read And read And read And read until my eyes Just can't stay open anymore And then off come my glasses Off goes the light And I am asleep in no time Do you get tucked in? Do I get tucked in? I tuck myself in now Good idea But I do love When I have my grandchildren visit I love tucking them And each of you I'm glad you have somebody to tuck you in That's great Okay, well we have one more song That Graffi wrote You might have heard it somewhere before All I really need is a song in my heart Food in my belly And love in my family Is a song in my heart Is a song in my heart Is a song to shine To give life to the seeds we sow To make the food we need Is a song and love in my family Is a song in my heart Love or drinking Needs some clean So that I can grow up strong Take the Is a song in my heart Is a song in my heart Love so that I can close my eyes Wake up fresh for the next sunrise Is a song in my heart Is a song in my heart Love And that is my hope For each and every one of us here And each and every one out there Safe places to rest Food in their bellies And love in their families So thank you for thinking about bedtime With us today I see Doné rubbing his eyes You're getting tired It's been a long day And that's why you'll look forward To bedtime maybe tonight Okay, and you do, yes Sometimes every time Every time I go to bed It's eight o'clock That's a perfectly excellent bedtime Okay, so yes I've been to bed earlier Because I was really young siblings Yes, and that helps But I'm glad to read until late And you're glad to read I used to put my kids to bed kind of early But I let them read I go to bed at nine And you go to bed at nine I go to bed at seven I have to go to bed at seven thirty tonight Okay Because I'm going on an airplane ride tomorrow Oh my goodness Where are you going tomorrow Florida My goodness Get a good night's rest tonight Traveling takes a lot of energy Have a good time And you have the same bedtime clear As Emily And does Lauren go to bed When you go to bed? Yes Yeah, that helps Let's go up and sing our goodbye song Keep singing Keep looking up Keep asking questions And never give up Keep singing Keep looking up Keep asking questions And never give up Thanks for watching Bye


SpaceX have just entered uncharted engine territory, there's more hope for Virgin Orbit, Stratto launch have finally done what they were created to do and much more is to come in this tomorrow's Space News. We're kicking off this edition down in Florida, but probably not where you'd expect as we're talking about trains. The Miami to West Palm Beach Private Railway Brightline has become the first passenger rail service in the world to introduce onboard connectivity with Starlink. Starlink is available throughout Brightline's entire fleet, with it expanding to the new Orlando route when it opens in the summer, and the best part, it's on the house for all passengers. With this edition, it means that Starlink has broken into all the popular modes of transport people using their everyday lives – rail, aviation, maritime, and even on the road. I suppose the only issue they're yet to conquer is tunnels. Elon's took to Twitter again this week, but it's for a good reason as SpaceX has managed to achieve a chamber pressure of 350 bar with a prototype Raptor engine. For some comparison with some engines you may be familiar with, the RD-180 used on the Atlas 5 reached 262 bar, the RS-25 used on the Space Shuttle and now SLS reached 206 bar, and the Merlin 1D used on the Falcon family reached 108 bar. This number is a world first. According to Elon, SpaceX didn't expect the engine to survive the full duration test and that it's uncharted territory. Heading down to Starbase at the launch site, the repairs being made to and around the mount are continuing as work progresses towards the installation of the new water deluge system. In this shot, you can see rebar being loaded into a hole before it was filled with concrete. It seems as if the SpaceX team wants to be launching again as soon as possible and the quicker they can repair the launch site, the better. At the current rate, even one or two more Starship flights this year could tip the company's total launches to that magical number, 100. Strata Launch, the operator of the world's widest plane, the scaled Composites Model 351 Strata Launch, better known as ROG, has successfully completed a separation release test of the Talon A separation test vehicle TA-0. Talon A is eventually going to be a hypersonic testbed vehicle allowing customers to test their payloads at Mach 5 to Mach 7. It's the latest in a variety of vehicles that could have flown under the wing of rock and unlike the others that have come before it, it looks as if Talon A has a bright future ahead. The drop test flight of TA-0 departed runway 30 at the Mojave Air and Spaceport at approximately 1600 UTC on Saturday before heading out west over Vandenberg and into the Pacific. Rock flew one and a half circuits at 21,000 feet before dropping TA-0 and returning to Mojave. As we've become accustomed to at this point, the four hours and eight minutes flight concluded with a few circuits of the aerodrome before touching down back on runway 30. Alongside the separation of TA-0 from Rock, this test flight also confirmed that telemetry can be received by ground assets at Vandenberg Space Force Base, giving Strata Launch more redundancy when they begin hypersonic flights. Speaking of hypersonic flights, the current timeline has the first test flight booked in for late summer. If all goes to plan, this flight will see the next Talon A vehicle, TA-1, separate from the wing of rock and accelerate up to Mach 5 under the power of a single Hadley-Kerrillocks engine from Ursa Major. United Launch Alliance's Vulcan appears to be back on the testing track as the vehicle slated to perform the maiden flight of the type has been rolled out once again to Space Launch Complex 41 in Florida. The rollout was for a fairingless wet dress rehearsal on Saturday. Both the first stage and the Centaur 5 second stage were filled up to the brim with their cryogenic methilox and hydrolox fuels respectively, simulating all launch day preparations, halting just before the ignition of the two BE-4 engines on the first stage. According to CEO Tori Bruno, ULA headed into the terminal count and came out the other side successfully, securing the vehicle and detanking all of the propellant and oxidiser on board. At the time of writing, that's all we've gotten out of Tori and the team over at ULA, but from what we have heard, it appears that the wet dress went according to plan. Keep an eye out on ULA socials over the next few days as there's a good chance we could be seeing the so-called flight readiness firing of Vulcan. It'll be a static fire of the two BE-4 engines on the first stage, verifying that they're healthy and ready for flight. That won't be the end of the journey for the first Vulcan though, because it still needs its payload and the fairing. This will require a rollback to the Vertical Integration Facility at Slick 41, where Astrobotics Peregrine Lunar Lander and the first two Kuiper Constellation Internet satellites will be fitted. Celestis will also have their Enterprise Flight mission on board, carrying the cremated remains of approximately 150 people. Virgin Orbit's bankruptcy timelines have been slightly modified this week to allow more time for bidders to express their interest in the company or its assets. The deadline for final bids has been pushed by a working week from the 15th, the day of this episode's release, to the 19th, which is this coming Friday. Because of this shift in bids, the bidders will also be notified if their bids qualify at a later date, on May 21st. If there is more than one bid that has been qualified by this date, then a bankruptcy auction will take place. Virgin Orbit have not given a reason for this extension. In a statement published last week, Virgin Orbit confirmed that the company had received over 30 indications of interest for asset purchasing, including, quote, multiple parties that propose to continue to operate the business as a going concern and retain current employees in an integrated enterprise. It still remains uncertain as to whether or not the company will be bought out in its entirety or if its assets will be purchased individually. Arts Technicers Eric Berger seems to believe that Virgin Orbit will survive this chapter 11 bankruptcy, however we should proceed with caution and getting our hopes up with the future of the company. OHB is a German aerospace company that is a key tanks and structures supplier for Arian6, Arian space's next generation heavy lift launch vehicle. Unfortunately, according to their predictions, the newest member of the Arian family won't be launching this year. The CEO of OHB has said that he's getting more and more optimistic that Arian6 will launch early next year by the day, which I'm sure all fans of European spaceflight will be very happy to hear. No precise estimation of the first launch date has been announced by anybody just yet, but we shouldn't be more than a year away. Arian space, ESA and any of the other contractors are yet to comment on a launch date slip for Arian6. The last information we heard out of Arian space in ESA was over six months ago when the vehicle was still on track for a Q4 2023 launch. In April however, ESA Director General Joseph Arschbacher did say that once the hotfire test of the first Arian6 is completed a more accurate timeframe can be calculated. As of a month ago, that was expected in July. China's been resupplying cargo, but first I want to give a big thank you to all of the citizens of tomorrow. Even though we're losing Station 204 at the end of the year, your support and generosity is greatly appreciated, which is why in return you get access to our post-show hangouts where we talk about anything and everything. Space news scripts as they're being written and much more. For more information on how you can join the ground support Suborbital, Orbital, Escape Velocity and Cloud Pro Plus citizens head to the join button below. We're kicking off the week down on Hainan Island in China as at 1322 Coordinated Universal Time on Wednesday, this Long March 7 launches a Tiangio 6 cargo resupply mission towards the Tiangong Space Station from Launch Complex 201 at the Wenchang Satellite Launch Center. Sneaking between the launch and docking, wow, I'm so surprised. It's a Starlink mission. Sarcasm aside, Starlink Group 2 Mission 9 departed Space Launch Complex 4 east at the Vandenberg Spacefall Space at 2009 UTC losting 51 more Starlinks up into orbit. This launch marked SpaceX's 30th Falcon launch this year, keeping them on track for a new world record. The boost supporting this flight B1075 successfully touched down on Of Course I Still Love You. Heading back up to Leo, Tiangio 6 docked to the aft port on the station's Tiangio core module just a few hours later at 2116 UTC. Following the hatch opening, Fei Zhulong, Deng Qingming and Jiang Lu all had access to the 13 tonnes of cargo stored on board. Tiangio 6 currently plans to depart the station and burn up in the Earth's atmosphere in January. You guessed it, it's another Starlink launch. This time, however, it was from Slick 40. It departed SpaceX's first east coast pad at 0503 UTC on Sunday 14th, carrying 56 V1.5 satellites to SpaceX's second generation of the constellation. The Falcon 9 booster supporting this flight was B1067, which, unlike the Starlink flight earlier in the week, is nearly one of the fleet leaders. It included its 11th flight on the drone ship, just read the instructions and marked the Falcon 9's 200th consecutive successful orbital flight. Coming up on Wednesday, Baidu 3G4 will be launching on the Long March 3BE. We have a Friday doubleheader on the Canada with Starlink 6.3 from Florida and the Iridium 9 and OneWeb 19 ride share from Fandenberg. Axiom 2 to the ISS is on track for Sunday, the first ever RTLS recovery for a crewed mission, and we have ArabSat 7V early on Monday morning on, you guessed it, yet another Falcon 9. You know the drill by now. Dr. Tamitha Scove will be back on Wednesday with an update on the latest on those solar storms she was talking about last week. Dali's bringing you more news on Thursday, and we'll be back on Friday for another TechTest live show. But for now, thanks for watching and goodbye.


I don't know why I continue to do this to myself, but here we are. So I have another one of CNN's voter panels. Every time I watch one of these, my, you know, my view of humanity tends to go down and this one is probably going to cause humanity to take the biggest hit yet because this panel contains female Trump voters and they respond to his racist tirade against members of the squad. And for those of you who don't know, obviously that is Alexandria Ocasio-Cortez, Ilhan Omar, Ayanna Presley, and Rashida Tlaib.  But let's see what they have to say because I think, you know, if you had to guess, they probably loved it. All right, here we go. How many of you don't think what the president said was racist? Raise your hand. These eight Republican- All eight of them raised their hands. How do you not think that that's racist? I mean, what else does he have to do? He could literally like wear blackface and use, you know, racial slurs and they would still raise their hands and say, of course he's not racist. How could he be racist? What's racist about it?  Like there's no switch. The lightbulb is never going off.  From Dallas, don't see anything wrong with President Trump telling four Democratic Congresswomen to go back where they came from. He was saying that if they hate America so much because what we're seeing out of them and hearing out of them, they hate America. If it's so bad, there's a lot of places they can go. I'm a brown-skinned woman. I am a legal immigrant. I agree with him. I don't think that's racist to say that to him. Not at all. Not at all. It's a demonstration of how their ideology spills over, even though they're American now, so to speak, they're not acting American. I'm glad that the president said what he said because. OK, Jesus. OK, they're not acting American. What does it mean to act American? You could make the same argument about Donald Trump. He's not acting American because we've never had a president this dumb, this belligerent. So what does that even mean? She's imposing what she believes American means. And let's let's be real.   That's the only way you're American enough for these people. There's absolutely no other way that you are equal to them if you don't do these things like these people are. They're not serious people. They're not serious people. They have a very naive worldview. They probably get all of their news and information from Fox News, which means that they actually are less informed than people who consume no news. But nonetheless, this is the reality of the situation. These people vote. And this lady just said something to the effect of if I'm remembering correctly, I'm glad he said it. All they're they're doing is they're they're it's they're inciting hatred and division. And that's not what our country is about. We it's it's not about that at all.  We know the president. Come on, come on. Oh, my God. How how can you say that with a straight face? You know, these women, they're just so divisive. But isn't that what the president is doing? Yeah, but he didn't say anything about color. No hope for humanity. No hope. Color, we know the president is not racist.  Let me just. Like, OK, you can believe that the president is not racist. I would contend that you're probably a little bit delusional at this point. But if you believe that he's not racist, then how do you explain why his policies have a racial effect? Like they hurt people, they hurt marginalized people. You can think oddly, if you want to believe that he loves transgender people, but he banned them from serving in the military. So even if you believe that he's not racist, how do you not get that conflict in your mind that? Oh, well, he's doing policies X, Y and Z. And I've gone too far. I'm giving them too much credit because they would never accept that his policies, you know, have racial consequences. They would never accept that, you know, anything the Republican Party does, voter ID laws, these are not racist, even though they are intended to target and reduce the turnout of people of color. I'll share with you the definition of racism from Marion Webster Dictionary, a belief that race is the primary determinant of human traits and capacities in that racial differences produce an inherent superiority of a particular race. Based on that definition, do you not think what the president has been saying?  What did she let me go back? If she said what I think she said, then I'm going to die. I don't think what the president has been saying to these guys. No, he dated a black woman for two years. I can't. This is like. He can't be racist.  There's your evidence. Boom. Gotcha. Mic drop. These people are just they're not living in the same reality that we're all living in. Like it's an alternate universe that coexists between, you know, their universe and our universe. Like, how are they not seeing what we see? His wives are immigrants. He is not a xenophobic racist. At the first, the black billionaire is endorsing President Trump. How can you call him racist? That's such a great point. The first black billionaire endorsed him. So there's no way he could possibly be racist. Wow. Why didn't I think about that? Amazing.  Just get Kanye West to say that what you said or did is not racist. And boom, your hands are clean. I mean, I just I don't get how this is compelling to them. How is this a compelling argument? Do you really believe that because Kanye likes him? This doesn't make him racist. How do you explain Central Park Five? How do you explain him discriminating against black tenants in the 70s and 80s? How? How do you explain that? Do you just not know about this?  I mean, you're defending someone who is not just maybe racist. He is explicitly openly racist. This isn't dog whistle racism that Donald Trump is expressing. This is bullhorn racism and you're defending that.  He's a bad person because he has a history of hurting people, hurting vulnerable communities.  I mean, Jesus Christ, I can understand separating, you know, the politician and the policies from the personal life. I get it. But at what point do you drive a line? Like if Bernie Sanders was accused of rape, if he was accused of being racist and there was reason to believe that he was, in fact, racist, various examples and anecdotes to demonstrate how racist he is. I don't think I could support him, even if he had good policy, because I mean, you would have to draw the line somewhere. Having good moral character, that does matter if you're running the country because we have the most strong military, the biggest economy ever. So I mean, yeah, I think that having morality, it does matter contrary to popular belief. But let's continue. I don't know why I'm getting upset because this is what I expected. He's congressman. These congressmen who said they ran for Congress, ran for office because they explicitly love this country. You're saying that's a lie. So they say, yeah, you're saying they hate this country. Yes. You ever brought these questions up? It's clear that they're very manipulative to accuse as instead of extracting the truth. It's a tactic.  You're accusing us. You're accusing him. I'm asking. I'm not accusing. I'm asking you what you think. OK, it's irrelevant. Here's one thing that I think all Republicans have in common.  Like you hear them denounce people who accuse others of being racist. But how frequently do they actually denounce racism? I mean, that's the bigger sin.  These people are not serious. It has nothing to do with the real issue. It has nothing to do with the premise of the issues here. Exactly. And whatever. It's the color of the four. Why do you keep bringing it up? Do you think it's just a coincidence that these four congressmen that the president is going after, none of them are white? These four are going after him. I don't think it matters. Yeah, it's idiotic. What they're saying. So it doesn't matter whether they're white. What they're saying is idiotic. What specifically are they saying that you deem idiotic? And let's remember you support Donald Trump. The man who said that Puerto Rico is surrounded by big water.  Like he has decayed mentally, substantially, since he was sworn into office. So I think that if you're worried about the intelligence and mental capacity of anyone in Congress or anyone in government, you need to look to Donald Trump first because there's nobody dumber than him. Nobody dumber. And I'm not just saying, look, Donald Trump has a low IQ. I'm saying, not only do I think he has a low IQ, but he also has very substantial underlying psychological issues going on there. That's obvious. Everyone sees it, except you. Man, woman, brown, yellow, anything. I wish that there was a white one that they, why are they not racist? How come they haven't befriended one of their white, female, congresswoman colleagues and let her join them? Because they won't. That's a good point. They don't like white people. Come on. Oh my God. Okay, let me just let her finish. Racist. How many of you still plan to vote for President Trump? Absolutely. Absolutely. Randy Kay, see it. Wow. There's no white members of the squad. So they must be racist. What?  First of all, they all have a liking to one another and their friends because they all ran on the Justice Democrats platform. They're all Justice Democrats. They all were part of brand new Congress. So they all ran on the same platform of not taking corporate money, being uncompromisingly and unapologetically progressive. So they have that commonality.  Let's say that there was a white person who was part of the squad. Would Donald Trump target her out as much as he targets out them? Probably not. And do we know why?  Bernie Sanders is as unapologetically progressive as they are. How often does Donald Trump attack Bernie Sanders? Representative Mark Pokan, very, very progressive male. He's white. Does Trump ever go after him? Is it just a coincidence that he only goes after brown and black people? You don't find that odd? Even if you thought it was just the coincidence, maybe you would think, well, the optics don't look too good. So maybe he should refrain from attacking only black people. I mean, I don't know what else to say. I expected them to be this dumb, quite frankly. I mean, these are the people who I think are just too far gone. You're not gonna get them. And it wouldn't be a problem if people realize this, but the Democratic Party believes that there are things you can do to win these people over. You're not gonna win them over. You're not going to win them over. You have to do what the Republican Party does if you wanna win and beat Republicans. What they do is they throw red meat to the base. That's what Donald Trump did when he singled out members of the squad. So Democrats have to have a parallel but opposite strategy. And that strategy is you throw red meat to your base. That's, it's as simple as that. But not to get too far off track here.  I need to stop watching these because sometimes they're great. Most of the time, like nine times out of 10, these videos are soul crushing. You could support the Humanist Report at patreon.com slash humanistreport. But trust me, I'd have way more supporters at Patreon if that was my podcast said.


I think first and foremost, of course, is the sequence itself. And it's actually stood up to the test of time pretty well. It's going to be replaced with an updated version, where all the repeats and the centimeters are filled in. But it's been almost not quite 20 years, but it's been basically the reference that everybody is used. And it's just catalyzed research in human genetics and human health and behavior. I mean, it's more than we could have hoped for. So that's one. Second, I think, is the open data policy and the issuing of patents. That's also been an important legacy. That's been adopted by other community-based projects and even by other fields. It's been held up as an example. And of course, it's clear that by having it open, it's just made a huge difference. There are no restrictions. Everybody can have it and do whatever they want. You don't have to have a big lab. You don't have to be rich. It's just had a huge catalytic effect. And I guess I'd say the third one is that the success of the Human Genome Project opened everybody's eyes to the power of having genomes. First with worm and yeast and H-flue, those genomes.  And so you can't do science today or biology anyway without thinking about genomes.


بسم اللہ الرحمن الرحیم In this essay I will discuss the dollar based global trading system. This system affects the lives of all of us. but very few understand how it works. The first world war ended the gold based trading system and the second world war was the final nail in scuffan.The Bretton Woods conference was held to find an alternative and the US Dollars was selected to replace gold because the US still had substantial stocks of gold reserves. This asymmetric system puts the dollar at the center of global trade and gives enormous power to the USA. An alternative proposal of gains for a more symmetric trading system was crushed by the USA. To put it crudely, the Bretton Woods system was to equate dollars to gold. This worked fine for a while until the expenses of the Vietnam war led to excess printing of dollars. Nixon was forced to suspend or delink dollars from gold and renounce the Bretton Woods agreement. With the dollar delinked from gold, a system of floating currencies naturally came into existence. There's an enormous uncertainty about how the system was going to work and many predicted that it would collapse. The Hunt brothers گرنت the world silver market or tried to do so because they thought that this system would collapse and world would go back to gold and silver. The US was aware of the precarious position of the dollar unbacked by gold and negotiated a deal with Saudi Arabia to ensure that all oil trading would be done in dollars. This effectively ensured that the dollar became backed by the global oil trade instead of gold. Before the Nixon shock, the US had to maintain gold reserves in order to purchase things with dollars abroad. But after dropping the gold backing, the US effectively gets to print dollars and trade this paper for real goods from all around the world. Very few understand the full implications of a floating currency system. Modern monetary theory has been invented to describe the workings of the system but in the economics textbooks they only teach conventional monetary theory which is based on the assumption that money is gold. The better dollar is the key to the US hegemony and power in the world. US gets to spend as much money as it likes because it only needs to print money while the other countries must have dollar backing for their currencies at least until recently. For a number of reasons US power has declined recently and the emerging power centers have attempted to create alternatives to this dollar based system because everyone realizes the enormous advantages that the US ہر own having dollar denominated trade. Today just as in 1944 a symmetric trading system which gives equal power to all of the trading partners is needed but this is not likely to emerge. Instead what we are likely to see is a multi polar system where all of the powerful countries balance اپنی پارے کے between themselves without giving due fair trades to the weaker countries.