Oh, is active video. I was going to say video ho, but then I was afraid that the video would start right as I was saying ho video ho. So you take it out of context. Okay. Here we go. Roger, are you prepared? I'm going to start early. I'm going to hide. All right. Out of fear. Here we go. The Daily Tech News show is powered by its audience and many Texans, not outside organizations to support the Daily Tech News show. Visit dailytechnewshow.com forward slash support. This is the Daily Tech News for Thursday, January 5th, 2017. I'm Tom Merritt, Justin Robert, young alongside doing the show a little later in the afternoon. So if you're listening to the audio version later and it just sounds a little cloudier, a little darker, I just got back from CES. Justin, man, and, and boy, are your arms tired from carrying all this news back to L.A. Boy, are my buzzword detectors tired. You want to know, I actually, this is the first time that I have felt that CES is kind of more of a thing than it was the year before. Yeah. And I think we've talked so much about, uh, how things are maturing and commoditizing. And I think for us, we're like, oh, we're the media. No, no, there's no big, gigantic stories that we can dissect and fantasize about. But for CES, they're like, ooh, commoditizing many different versions that are only slightly different, but marginally cheaper. Let's lick our lips. Yeah, man. I, uh, I wrote this up for the weekly, uh, weekly post on, on Patreon. Uh, my thoughts on CES. And the short version is there's two conferences now, and then it was always this way, but I feel it now more than ever that there is a media conference where all the companies who don't want to go to the expense of holding their own event or don't think they can get enough reporters to show up like an Apple or Microsoft flock to CES and do a three day thing where they just throw all their announcements out against the wall. And there's varying versions of, of media approaches to that. Some that work better than others, but some of them are pretty valid. Well, I'll tell you what, we got a lot that we need to go through. Yeah. Now, man, we're going to stop talking about CES and start talking about CES with our lightning round. Amazon announced it will open a physical bookstore in Manhattan at some point this year, nothing to do with CES, I guess, but, uh, they just keep opening bookstores and now in New York, right? Book Heaven, the seat of publishing if there is ever a shot against the bow of some of the physical publishers that have jockeyed against them. This is that Huawei announced the U S version of the mate nine will come with Amazon voice services in early 2017. Now that is something that you might want to get used to hearing. We'll talk a little bit more about Amazon voice services later because there's another announcement and they're, they're basically everywhere. Xiaomi announced the 4.9 millimeter thick me TV for with a modular chipset that you can upgrade without having to change out the whole TV screen comes to China later this summer for less than $2,000. The draft spec for HDMI 2.1 was announced Wednesday as it's able to handle five K and even some definitions of 10 K video at 120 frames per second and a variable refresh rate called game mode. It also supports dynamic metadata for HDR color depths up to 16 bit.  Yeah. Don't start swapping out your cables yet. They still have to finalize it. And Vine will shut down January 17th after which users will no longer be able to retrieve their archives. So if you want your 6.5 second loops, get them before January 17th. They will continue to be available online as an archive, but you won't be able to pull them out yourself. The app is going to change its name to Vine camera and you'll still be able to use it to record 6.5 second looping video, but you'll only be able to publish it to Twitter or save it to your camera roll. Gone in 6.5 seconds is the hacky headline that I'm already writing. Excellent. Now it is time for some top stories. Apple senior VP worldwide marketing Phil Schiller told the Verge that the Apple App Store made three billion dollars in revenue in December. It's biggest month ever. Pokemon Go was the most downloaded app of the year and the fifth highest grossing app in the app store. Apple did not share details on how much of this revenue came from subscriptions. But remember last summer is when they changed it so that there are more reasonable subscription terms for everybody. The Chinese market grew 90% year over year for Apple and coincidentally Thursday, Apple and the New York Times both announced that the New York Times app had been removed from the Chinese app store back on December 23rd at the request of the Chinese government. Apple's own books and movies have also been blocked in China since last April. So it's not as clear as like Apple gave in to China this time for somebody else. They've also had to block their own services. I mean, two big stories here. Number one, you have the gigantic gaudy eye popping three billion dollar number just out of the app store, which by the way is something that they don't put in their big head. They don't have news conferences announcing how much they made on the app store. If you just want to get a scale of how much money Apple makes, this is just a three billion dollar holiday month that happens to come from another element of their business that isn't hardware. And then on top of that, because I think I think with the three billion dollar number, the only thing that could be super interesting is if them renegotiating the subscription numbers meant more subscriptions would come to the app store in the future, which I think we're all kind of pushing for. Now you have the Chinese thing, which yet another business in China is weird to do. You got to give in or else all of a sudden a Chinese based competitor will all of a sudden have 97% of the market share tomorrow because that's how it works. Where do you see that the, the, the, the, if you're reading these tea leaves, what do you see? Yeah, I think this is the New York Times putting some pressure on China and vicariously Apple trying to get Apple to help them out here. And that this is going to make things very uncomfortable for Apple because as I mentioned, they've got their own stuff blocked and they've had to walk a very fine line between being seen as, as subservient, but also not giving up this incredibly lucrative market with its 90% app store growth indicative that, hey, even if they can't get all the Apple services and all the apps you can get elsewhere in the world, people are still eating up iPhones at a rate in China. So I imagine Apple is not, none too pleased with the New York Times for raising this, but at the same time, I see why the New York Times would say, hey, you know what, we just want to provide our brand of journalism in China and we don't think we shouldn't be allowed to. And like you say, China's got different rules. They've got different laws and they're saying, no, well, New York Times doesn't, doesn't follow our rules so we can't allow this is also the tricky question when you are dealing with companies within Silicon Valley that and including Apple that have made bold stances on where they will and won't put factories and even states within the United within our nation that they want to draw a line in the sand because they disagree with it. Where does that principle end? And many times those principles seem to die when it comes to China where a lot of these issues, again, you got to play their game. They do not play around because all of a sudden Schmapple will be the number one, you know, cell phone if you are not, if they're not pleased with the company. Just just looking up to see how much Schmapple is trading at right now. You go ahead to the next story. HTC announced the TP Cast adapter, which allows the HTC Vive headsets to operate wirelessly. It'll be available globally in Q2 for $249. HTC claims an hour and a half battery life plus a five hour XL battery pack will be available for it later this year. HTC also announces working on working with Intel on a Y gig wireless VR solution capable of 360 degree tracking. HTC also announced the three ounce Vive tracker, which is similar to the top portion of the touch controller. Developers can integrate it with accessories and make almost anything trackable in VR. There's also a new deluxe audio strap coming to make headphones more comfortable, a subscription service for the Vive port app store for trying out new games and a platform for arcade owners to take care of licensing their games and to make it easier to add VR experiences to arcades. Yeah, I compared where we are now with the Vive to Tesla that this these are top end market solutions that HTC hopes trickles down to the point where when they're able to sell a VR box plus per-hipsel for one consumer oriented price because all of these things are great and they're necessary for the Vive experience, maybe not the headsets, but certainly the wireless stuff, which from CES got rave reviews that it actually does seem to work. There might be a drop frame here or there, but it is enough to maintain the integrity of that Vive experience. But holy hell, that already high price tag for a Vive just continues to skyrocket if this is going to be a fairly necessary element. Well, and that is interesting because I imagine the HTC Vive 2 just has this built in, but you watch what HTC did. They were funding, they were accelerating this Chinese company that made the the TP Cast adapter. They allowed it to be sold in China to kind of gauge how well it would sell and keep the supply chain fairly easy to manage. And they must have looked at it and said, wow, you know what, we're getting so many people willing to jump through the hoops to get this thing shipped out of China to wherever they live in the world and enough people buying it in China that we need to make this available worldwide. Why not?  And honestly, that that arcade game licensing seems like a really smart diversification move for HTC to say, yeah, we want to make it easier for developers to make cool things that you can hold in VR that get tracked and we want people to have a better headset experience and eventually we're going to want to bring down that price. But we also want an enterprise play and the enterprise play is amusement and and and making it easy for somebody who's running an arcade to bring in VR without having to worry about negotiating all of the licensing agreements with multiple game makers. Well, you want to commoditize it to the point where starting up a VR experience is the same as starting up a escape room or something like that. Yeah, yeah, just need the space and the equipment. You can write all that in a very simple spreadsheet and move along. The other thing that the enterprise play does is brings big money development into VR, which right now, especially for the Vive, which although it has, in my opinion, the best in class experience, it has a very threadbare, limited indie level development community. If you can get the big boys to start developing enterprise level stuff, then at a certain point they're going to want it to trickle down to the home user. Razor shown off a laptop called Project Valerie with three screens. You can count on Razor to do this at every CES. Come up with some concept project that's amazing.  They did that. Each panel of Project Valerie features 4K resolution for a total of 11,520 by 2160 because it's super wide with 100% Adobe RGB coverage and Nvidia G-Sync running off an Nvidia 1080 chip. The side panels slide behind one another for a body that's one and a half inches thick. The laptop itself is similar to the Blade Pro otherwise and weighs 12 pounds. Razor says the laptop is meant for engineers, developers, 3D artists and anyone else who needs multiple screens, which yes, includes gamers. Razor intends to bring it to market, but there are no details yet. So we'll see about that. So basically they're just hoping that a lot of people talk about it. So it gets a buzz and a lot of Razor does. I actually don't hold this against Razor. They're not a company that comes out and like just wants to get a lot of press attention and then folds the product and comes out with something else. They'll bring them. They have brought them to market in the past. They don't always bring them to the market, though. So this is this is their way of testing it out saying, OK, we I think it's really interesting that they're out there saying, oh, no, this is for AutoCAD folks, you know, this is for designers and engineers because they know the gamers are going to go buy it. They want to see if they can drum up any other interest. Of course. And it's not a bad idea. Well, what are the remaining the remaining things that desktop will have on a laptop? The power has largely been been closed. The heat has largely been eliminated. Razor has pioneered those elements. So, yeah, multiple displays. I predict that this is going to be a thing. I think that this is really cool. And there will be plenty of consumers asking Razor that why don't you come on over? Valerie. Project Valerie. All right. Intel showed off its project alloy computer in a headset that does virtual and augmented reality, which Intel insists on calling merged reality. Each device will have a Kaby Lake process or is Kaby Lake core processor vision processors, fish eye lenses, sensors to real sense cameras and a battery. Multiple partners will build versions of project alloy, but none of them were announced. Project alloy devices are supposed to ship in Q4. You know, I thought there was way less buzz about this than I expected when Intel announced it. It was their only real major announcement from the press conference yesterday to get picked up by folks. And they they limited the number of people who could get into the press conference. Patrick Norton, Shannon Morrison, I got shut out because they wanted everyone to be in a comfortable seat with an oculus rift on their head so they could take them on a long journey of the various use cases of VR. But this is this is what we're going to be seeing by the end of this year. Last year, we're like, hey, by the end of this year, we'll have VR headsets this year. It's going to be by the end of this year, we're going to have self contained VR headsets and wireless VR headsets. So the different take from HTC still connecting to a computer and making it wireless. This is sort of a step up more along the lines of HoloLens saying, we're just going to put the whole computer on your head. And yeah, it won't be able to do as much as an Nvidia 1080 machine would be able to do. But we think we can do something worthwhile.  Stop it with the mix with the merge reality thing. It's like we are in a mix and it's virtual. There's the one where you can't see anything else in the world and one where you can and mixed and merged and all of that is just trying to simplify when you do both. But honestly, augmented reality to me implies you can. That's fine. And you want to know what it's what we're calling it so everybody else can stuff it. Here's the here's the issue. We have got so much heat on this idea. And as the longer we get away from these big splashy press conferences for HoloLens and this gigantic the future is happening in Plantation Florida fawning bios for Magic Leap, the further we get away from those and we don't have our flying car, the less we are going to be excited for announcements and the more we are going to be in a when it gets here, I'll be excited. But at this point, we've had Google Glass, which greatly under delivered on its promise of augmented reality from its initial promise when we have those other two that are yet to be here in any kind of meaningful way. So when it gets here, awesome possum. But until then, you just keep your press release. All right. How about a couple of products that are going to get here? Dell announced the XPS 27, an all in one PC with a 27 inch 4K touchscreen, 10 speakers, Windows Hello Facial Recognition for login and an adjustable base that can tilt horizontal. That starts at $1599 and is available to order now. There's also, and I think this one is the most intriguing of the two, the Dell Canvas 27. That's a horizontal 27 inch touchscreen.  It's meant to be set on the table like a Wacom tablet with QHD Adobe RGB support that can work with any computer. So you could plug it into a Mac, plug it into Linux, plug it into Windows. It comes with a digital pen and a dial. They called it a totem in the artist technical article, but it works with any computer. And it's very similar to the Microsoft dial. It also has two USB C ports, one for charging, only a USB three port mini HDMI and mini display port. The canvas starts under $2,000. They haven't pinpointed the price, but it will be available in March. This is the kind of stuff I was saying at the beginning of the show where now it's like, all right, are we kind of in a stalled point for great gigantic paradigm shifting development? CES lives in the margins. That one little cool idea where it's like, guess what? The magic confluence of cheap displays, touchscreen. Now we can have something super cool that can go across platform for 2,000. Yeah, I'm going to interject in here. Yeah, yeah, Roger. What's up? Just because it's essentially a stab at Wacom's pretty much a monopoly on this antique, which is essentially the same product. And it's it's really telling that now a lot of these big used to be commodity PC manufacturers are finding new revenue streams in what you were saying, Justin, niche markets, something that used to say, well, it's too low volume for us to make money on. But now now there's there's enough of there's enough of a spread not just in the products, but also in the in the in the potential customer base that totally would go after this. Now you've got a whole entire generation of art students who generate art completely digitally, no paper, no pen, no pencil kind of thing. So it's really cool to see. Yeah, and it's a cool adaptation to the Microsoft Surface Studio, which a lot of people, including Scott Johnson, said, hey, you know what? I could just buy that whole thing and replace my Cintiq. But I don't know. This says, hey, you don't have to replace the computer you're working on. Just replace this antique. Yeah. And I think that's that's what's interesting, especially considering that I think part of the reason why they are jumping in is because the component prices have come down from from the point that the Wacom really, really established that market. Ford is partnering with Amazon to bring Amazon voice services to cars. Use cases include telling the car to open up the garage doors, turn on the lights before you get home, play audio books and music remotely. Start and stop the engine or lock or unlock the doors. You can also check your fuel levels. The audio related features come first, a Ford focused electric Ford energy and C Max energy with the broader set of commands coming to cars with Ford Sync 3 this summer. GM is using IBM's Watson as part of the on-star system. And Daimler's Daimler Mercedes will be using Google Assistant. So begun the voice wars have. Yeah. I mean, geez, I think if we can look forward to yet another totally siloed system like we had for the last five years with all these new car technologies that came out on all these different vehicles. I don't know. I mean, we'll see how useful all this is. Well, it is the way I was looking at this is Ford announced it was part of Toyota's SDI, the open source program. And they're using that to enable Amazon voice services. So that's interesting. Ford saying, you know what, we're going to support them all carplay, auto, Android, auto, Toyota's SDI. And through SDI, we can put freaking Amazon voice services in your car. And you can talk to her and do all this cool stuff. Amazon voice services are everywhere at the show. That's the other thing to say here is like they're in the Ford. They're in the Huawei. They're in the Lenovo speaker. They are all over the place. And that's not to say that Amazon has won the battle, but they certainly are off to a lead. And we've talked a while about, you know, Amazon Echo seems to be the platform for the smart home and that momentum kept up, if not sped up at CES this year.   And you can have, you know, like, well, I should hook it into the garage. Like Amazon just creeps more and more. We all were waiting for the person to come up with the hub, right? That would connect the smartphone turned out it was just a slow takeover. Well, I think I think we still might get there with the hub. But, you know, who knows? The more assistant is also showing up in things. So this battle is far from over. And interesting to see IBM Watson on the car end of this starting January 22nd, T-Mobile will eliminate its older plans. All new customers will get the T-Mobile one plan with unlimited data, which no longer includes added fees.  So if you're just one person, it's $70 a month, not 79, 89. A month because we threw in this tax and this fee T-Mobile was like, we're just going to include the tax and the base price, $70 a month. You pay $70 a month. And here's the other part. If you use less than two gigabytes of data a month, you'll get a $10 credit on your bill. So this is addressing complaints of people who said, you know, I don't want unlimited data. I don't use that much data. I do do a little bit of email checking and almost everything else I do is on Wi-Fi at home or something. Now those people can earn some money back every month. Your friend in mind and friend of the show, Molly Wood said on Twitter today, T-Mobile's turnaround should it stand will go down as an absolute triumph of disciplined marketing and great man theory to which I could only hypothesize that Aaron Sorkin's eye just started twitching unaccountably without his knowledge. I mean, this is great, right? T-Mobile has essentially said, we're going to sell a two gigabyte cap for $60 a month. If you go over, it's $70 a month. Yeah. I mean, there's really, I can't, you can't argue with Molly.  And I think she's right. Like T-Mobile has stepped up over the last five years and been comparatively to other carriers reckless in their pricing and their plans, right? They have tried to shake things up. And I think everybody else is playing catch up with larger, better systems. So that is just it's good for everybody. And the more that we can get away from the what would seem to be the interminable slog to wrench every little penny out of us for mobile data, hopefully continues to abate by way of T-Mobile's actions. Music to my ears. Nielsen Music announced Thursday that streaming music services made up for declines in digital music sales, leading to an overall 3% increase in music consumption in 2016. Physical album sales became a larger share of total album sales in the year prior for the first time in a decade. Vinyl continued the 11 year upward trend, reaching sales of 13 million in 2016, the largest number since 1991. I mean, we lost Bowie and Prince, but maybe, maybe music isn't dead. No, it's it's kind of crazy. The the two parts of this one is streaming services, finally outperforming digital sales does not surprise me. We've been waiting for critical mass on streaming because streaming guarantees the amount of money someone spends. And so the music industry is going to have to come up with like, how do we get more money out of the big fans, right? Besides just concerts. And there will be ways to do that. There already are ways to do that. And here they are. Physical albums, apparently. Well, you sell them some vinyl. People are buying vinyl and not opening it. They're listening to the MP3s on Spotify, but buying the vinyl because they want to have the thing. There, man, it is the weirdest. The vinyl thing is just one of the weirdest elements of our modern culture because you're, you're so right. I came seconds away from buying a vinyl album. I don't have a turntable. And when I looked at my wife, Ashley, I was like, should we buy a turntable? She's like, no, just buy the thing. We'll like frame it. You know, like that's it. Yeah, it's so weird. We just want a keepsake. Yeah. And that I have been waiting for this moment to happen. One, one of the streaming sales to get enough that you can start to go, Hey, guess what? Wondering if people are going to buy $120 worth of albums a year, isn't as good as guaranteeing that they're going to keep paying $120 a year. As long as we can get enough of them doing it and accurately split up the revenues among us. And it seems like that's what's starting to happen. Uh, and then, yeah, uh, you know, vinyl on the, the unlikely hero coming to the rescue of like, but how are we going to get, how are we going to get those, those extra marginal sales? If we were, we're keeping people at a subscription level. And here you go. I hate to get all the tech headlines each day in less than 10 minutes. Subscribe to daily tech headlines.com. Once again, big thanks to Rich Strafilino for filling in while I was at CES. Let's talk about some more of those press conferences from CES yesterday and video is the big one, I think. Well, we're going to talk about Samsung and Sony a little bit too, but Nvidia made a big play to get up on stage and tell people we are not just a graphics chip company. We make great graphics chips. They weren't trying to say they don't or steer you away from them, but they spent a lot of time talking about their other projects. They demoed a self-driving car called BB eight that responds to voice control like take me to Starbucks and video also showed co-pilot and AI that will warn you to watch out for things like bicyclists, motorcycles, changing lanes and other hazards. And if you were listening to yesterday's show and Rogers bemoaning of the nagging of cars, it's just here's more examples of a car that can tell you to watch out. Hey, why are you driving? Look out for that bicycle Audi will partner with Nvidia to put its AI on the road by 2020. Nvidia also announced GeForce now a cloud gaming service for Windows and Mac machines. Users will pay by the hour starting at $25 for 20 hours coming in March. The Nvidia Shield TV is available for pre-order now at $200 shipping later this month. It supports Netflix and Amazon 4K HDR and YouTube. Google Play Movies and Voodoo in 4K. An upgrade in the coming months will add Google Assistant to the Nvidia Shield TV as well. So here's Google starting to crawl back into that voice platform game. And finally, Nvidia launched Spot, a $50 AI microphone similar to the Amazon Echo Dot that uses Google Assistant. It plugs into any electrical outlet, but you'll need a Shield TV somewhere on your network forward to work. It doesn't work standalone. It ties into the Shield TV and Shield TV's Google Assistant. They also announced the Nvidia Squiggles, which is a bunch of boiled pasta in a pot, which they are throwing against the wall to literally see which day. Do you really see it that way for Nvidia? Because all of these are things that they have been working on for a while. Like this is the pot finally boiling for them. I mean, some of them, right? Like certainly they've tried to do the virtual machine gaming thing for a while. They've worked with the Shield for a while. The fact that you can't say that Amazon voice commands are everywhere without other people trying to get into that game and have something that's a little cheaper or easier to install theoretically. And so that's the thing for the spot. For me, the BB-8, which by the way, how are they allowed to do that without getting a cease and desist from Disney? It's a car. It's not a movie. Yeah, I'm sure, you know, it reminds me of that Simpsons episode. It's like, no, it's the shinin boy. Do you want to get sued? But that seems to me like that's the typical CES silly season kind of like, oh, look what we can do. And either way. Yeah, but Nvidia's been moving into self-driving autonomous cars for a while. This is not like brand new. They just walked out and said, hey, guess what we do now? And that was the point of their press conferences to take your reaction, which is a common reaction to Nvidia and say, no, we're serious about this. We've been making the chips that go in these cars. I don't doubt it. I hope it pans out. I just think that it's not Nvidia that I don't believe in. It's the larger place where we're going with self-driving cars. Yeah, that's not an Nvidia-specific issue, is it? No, I don't think so. And again, it's just one of those things where now we're just in certain industries that are very exciting to us and then we'll always drive headlines, AR, self-driving cars that are further away from reality than we think they are. And I'm excited. I am always cheerleading progress. I wanted to go as fast as possible. So if I sound sardonic on this, that's trying to make this show funnier, not necessarily reflective of how excited I am that this stuff is happening, I just think that we are in a very chaotic place for self-driving cars. So to say that anybody is going to be the tech that will make self-driving cars a thing in a world where we can't even legislate how we want them on the road is interesting. Well, Toyota actually made a good point there. When they were introducing the concept I yesterday, one of their heads of autonomous car research said, by the way, folks, we are, this is Toyota up on stage, right? They're like, we are nowhere close to autonomous cars. Like it's gonna be a long time till we get to that level five autonomous car. So it was really interesting to see Toyota saying, settle down, everyone. Yes, we have some great technology, we can do some amazing things, and it's fun to watch, but let's not get ahead of ourselves. These cars aren't going to be out there driving themselves everywhere yet, not for a while. It's a demo now, it's a conference pleaser to put some journalists inside a car that doesn't have a driver and let them move around in a parking lot. That's way different than having them on icy roads in Northern Maine in the middle of winter going everywhere. I get, and that's, listen, we all love it because we're nerds and we love to watch this stuff and NVIDIA doing it, that's great. If anything else, it shows that we are in a splintering world where the people that we want certain products from can come from more in different places more than they ever have before. So good on NVIDIA, but also, you know, it's a lot of pasta on the wall. I'm gonna interject and I think the bigger underlying story in this is that NVIDIA desperately is trying to get out of where a PC component supplier. They wanna move into a direction where they're not so dependent because to be honest, the margins for GPU add-on cards is gonna diminish as years go on and PCs become less and less of like the primary computing machine. They're looking for markets where their technology is relevant and they can still make money. And so they are looking at everything that requires high processing capacity in ideally a low power situation, cars, home automation, anything that can use their technology because they don't wanna be stuck, right? They don't wanna be the last dinosaur on Pangea as Pangea starts to split into its separate continents. No, it's a really good point because being in autonomous cars is a different case. Being, operating a cloud service for GeForce Now, which I think it's really clever to say play by the hour because now it's coming to PCs and now I can play my Steam games. I can access, they've been a little muddy on what that means whether that means like all you gotta do is log into Steam and you can play anything or if it requires some support, but it doesn't need to and they don't care then because they don't need to pay you, they don't need you to pay per game if you're paying per hour. They just need you to be addicted enough to the service to wanna keep buying more hours. So, and then like you said, Roger, home automation is exactly the play with the Nvidia Shield TV saying, hey, instead of an Amazon Echo that's in your kitchen or your bathroom, we're going to be the thing in your living room that you wanna watch 4K movies on and play video games over the GeForce Now service and Google Assistant will allow you to talk to it and turn on your lights and your home automation stuff that way. Yeah, go ahead. Yeah, no, no, just final thing. Roger, you're absolutely right. They need to make a consumer relationship where they're making consumer products and they're building everything and they're not just the component. Probably the biggest thing that came out of the Samsung press conference yesterday was the expected, we've had a very challenging year and Samsung reiterated that they have finished their investigation into the Note 7 and there should be more coming on that by the end of the month, but they did not announce any details about the cause of the Note 7 problems here. They did announce two Chromebooks though and for fans of Chromebooks, they're pretty nice looking. The Chromebook Plus runs an ARM processor and the Chromebook Pro uses an Intel Core M3, but otherwise they're pretty much the same. They have 12.3 inch, 2400 by 1600 touchscreen displays which you can flip around tablet style. They have four gigs of RAM, 32 gigs of hard drive, two USB-C ports and a micro SD card slot. So no USB-A or B ports, no USB 3.0 ports. Headphone jack, eight hours of battery life. They also come with Google Play pre-installed with Android Nougat support coming in the spring. Chromebooks also have handwriting support in Google Keep and a stylus that slides into a slot on the side so you can do handwriting and take your notes in Google Keep. There's even a little machine learning magic to do autocomplete while you're doing your handwriting and the Engager reporter that tried it said it worked really smooth. It made it really easy to draw, to write notes on this machine. Chromebook Plus launches in February at $449. The Chromebook Pro is set for late spring and they haven't announced a price on that one. Challenging year for Samsung. I think so. Challenging year, yeah. By the way, have you heard about their involvement in this Korean presidential scandal? Oh yeah, that's a whole side thing. And it doesn't, we haven't talked about it because it doesn't weigh on their technology side but doesn't help their year out at all to be pulled in.  They were like paying money into like this like, yeah. Look it up. We've been talking about it a lot on politics, politics, politics. But it was funny just to look through that thing and be like, geez, Samsung really did have the crappiest year on earth that now they're involved in this thing that's chasing out the Korean president. Table that for a second. These look good. Right? These are probably the best looking Chromebooks I've seen in a while. They're solid. I would like to try them out and everything but this is the showcase for using your Android apps on a Chromebook. Yeah. I mean, I really don't, I mean, having not touched it, I don't know much to say other than this seems to be exactly where we're going with the trend lines of what people want in laptops. It's partly endemic as to why people were so overwhelmed if not outright frustrated by the MacBook refresh that some of these kinds of things didn't come to the new MacBook. So looks good.  Samsung also announced a gaming laptop called the Notebook Odyssey. There's a 15.6 inch and a 17.3 inch screen version. Mostly they're giving us details on the 15 inch model. That has Core i7 Kaby Lake processors, 32 gigs of DDR4 RAM. Solid state drives up to 256 gigabytes, hard drives up to a terabyte and shipping with the Nvidia GTX 1050 GPU has one USB three slot to USB two HDMI and ethernet. 15.6 inch version will start at $1,199, $1,199 in February. They don't have a price or release date on the 17.3 inch one, but Samsung getting into gaming laptops also. Sony, right? Samsung. No, that's the same. That's the last of the Samsung announcements. The last Samsung. Now we move to the Sony announcements. Sure, I'm sorry. I got lost in all the feature readings, sorry. Yeah, yeah. I split up the Samsung announcements on you there. Well, I'll do all the Sony ones together. There's only three of them we're gonna mention here. The XBR A1E Bravia 4K OLED TV, Sony getting in the OLED game, taking on LG with Dolby Vision HDR running Android TV comes in 55, 65 and 77 inch sizes. TVs use the entire screen as a speaker. For sound, remember we heard about somebody trying that earlier this week. Sony was demonstrating it at their booth. It can be wall mounted or sit on the floor with a stand. Sony's UBP X800 Blu-ray player has 4K and HDR support available now for all consumers. It's pretty similar to the X100ES, which was only available through custom installations. Now everybody will be able to buy it. X800 can play UHD Blu-ray discs, stream in 4K from services like Netflix. It's coming in the spring, although they didn't announce a price.  It's three feet wide, weighs 77 pounds. And Paul Miller at The Verge pointed out, that is actually 40% smaller than the current model of Sony's short throw projector. The VZ1000ES supports HDR, has 2,500 lumens, and will be available in April, Justin, for $25,000. All right, so let's go ahead. Everybody up your Patreon pledge. So we can take one of these. Yes, make a note that you wanna buy Justin the $25,000 Sony short throw projector if you're backing for that reason.  But yeah, no, these are always, this is one of the things I've never been to CES myself, but things like these I can only imagine are the forever treat of the conference. It's just seeing cutting edge enterprise level, they're gonna be at every basketball arena in three years kind of a big displays and tech like this, right? Yeah, this is for people who have a lot of money to spend on a custom installation in a home theater and they wanna have the most impressive thing and projectors are very good. They avoid a lot of the problems if you have the right situation. So, hey, a short throw laser projector, who cares if it's $25,000? I'm gonna get the really good one from Sony is probably what rich people say. I have no idea. I've never heard anyone say that. And then they put out their cigars into their pile of caviar. Which is resting on $100 bills. Hey, thanks to all those who participate in our subreddit, you can submit stories and vote on them at dailytechnewshow.reddit.com. It does remind me though, like back in the day, 2004, it was always like somebody's got a 90 inch television, well, somebody's got a 92 inch television this year. Oh, next year it was a 95 inch. And then they got above a hundred inches and realized it wasn't worth the shipping costs just to have the bragging rights anymore. So now we're back to a hundred inches cause it's easy to bring that 77 pound short throw projector with. Yeah. And now we're gonna, now we just have a resolution so high you can see three seconds into the future. By the way, JT zero in the chat room wins. It's 77 pounds. Of course it's short throw. It's hard to even pick up. Message of the day comes from Rich who said, for someone who wants to roll their own cloud gaming. Of course we were talking about GeForce now earlier but on Monday with Patrick or on Tuesday with Patrick Bezier, we talked about Shadow PC and some other cloud gaming services. Rich says, I remember reading about someone making a decent gaming experience with EC2. Obviously you're not going to get the same latency since you won't have whatever peering agreements, SP deals or ISP deals that Shadow PC probably has. But for 53 cents an hour, it might be fun to try out. And he's got a link to ig.io that details attempts to make your own cloud gaming service just installing your games. This will give you all your Steam games, right? Cause you just access a virtual PC and install your games on. Sounds rad, man. Yeah. Thank you, Rich, for that. And thank you, everyone, for watching. Thank you for supporting the show and allowing us to go to CES. Mr. Justin, Robert Young, what do you got going on these days? Oh, man, all sorts of stuff. We are five days a week streaming on diamondclub.tv and twitch.tv. If you would like to follow me, twitch.tv slash Justin R. Young. Or, hey, remember what Twitch used to be called? Um, Twitch used to be called? Yeah, it used to have another name. There was, there was another, uh, another, another, uh, Well, there was Justin TV, but... Oh, yeah. So you can go to JustinRYoung.tv. Ah! channel. Uh, yeah, we're doing all sorts of stuff, including every Thursday. If you like this show, one o'clock Eastern time, 10 o'clock Pacific time, I go live and go over all the notes that Tom has prepared for Daily Tech Headlines. We do a little research, go into some of the stories so I can formulate the, the hottest of hot takes for this very show. So if you would play me... Yeah, if you enjoy me on the show, go ahead and, uh, and, and help me prepare each Tuesday at 10 o'clock Pacific, one o'clock Eastern. Like I said, uh, we couldn't have done that CES show, uh, from Las Vegas yesterday with all the amazing people that showed up without your support to make the show happen. DailyTechNewsShow.com slash support. We just ask you to go there and see if there's anything that you can do to pitch in and help make the show happen, even if it's just tweeting people about it. Big thanks to patrons, Joe Keglevitz, Jason Stevens, and special thanks to folks like Sean M. Brown and Damien Mayers, who increased their patron pledges at Patreon.com slash DTNS. Our email address is feedback at DailyTechNewsShow.com. We're live Monday through Friday, 4.30 p.m. Eastern at AlphaGeekRadio.com and DiamondClub.tv. And our website is DailyTechNewsShow.com. Back tomorrow with Darren Kitchen and Len Peralta. Talk to you then. This show is part of the Frog Pants Network. Get more at frogpants.com. I hope you have enjoyed this program. Boom. Yeah. Good show, what should we call it? Uh, I think we should call it Marlboro. Yes. It's a thing. Um, CES will be basketball arenas in three years. I shall call it merged reality. Well, there's two begun the voice wars have a motion. These voice wars. I got a step using that one. Yeah, Alexa in your car makes you Michael Knight. No, that makes your car kit. Hmm. Only David Hazelhoff can be Michael Knight. Even he was Michael. What was his other name before he became Michael Long? Michael Long.  Not not there's anything wrong with being a truck driver. Just call it Schmapple Schmapple. T-Mobile Bull and the T-Mobile has done a weird turn around. Like I remember when people were just like, oh, this company's going to get absorbed or died. No, I almost said that on the show, like about how Sprint used to be the ailing one and T-Mobile was dead. And now T-Mobile is like on the rise and Sprint is the dead one. People say that about T-Mobile. What it was AT&T that that merger was going to happen and then fell apart. T-Mobile is like, T-Mobile is dead. AT&T needs to buy them up. Otherwise, they won't survive. And then the FCC said it was FTC said, right? FTC said that. I know the FCC said no. The FTC may have also said no. Um, Alexa's got a creep. The vinyl thing, Chroma's a new Mac, CS is still a thing. I shall call it merged reality begun. The CS will be in basketball arenas in three years. I don't understand that one. That was the short throw projector. To see the crazy thing at the show. Oh yeah, the big enterprise level tech that it's like, you know, you're just going to see in the lobbies at hotels. And, you know, eventually when it gets like, it's 25,000 now, but when it gets down to 5,000, it'll be in every Hilton. CES still a thing. Then yo dog, I hear you like talking about CES. CES is still a thing. It's still a trade show. It's still where Best Buy buying managers go. The funny thing, the tech, the cab driver laughed at me this morning on my way to the airport. He's like, Oh, are you in town for business? I was like, Yeah, I was in town for CES. He's like, Well, it's just starting today. I'm like, Yeah, I know.  And I was talking to Colleen last night. And she's like, Yeah, I'm going tomorrow. Yeah. Oh man, I'm going to miss Colleen then. Damn it. Miss Colleen. I think you might have. Yeah, you might have Chris. I had a couple of people text me today saying, Oh, so you want to meet up? I'm like, not there anymore. I don't have to be. So I'm not going to go. I am missing showstoppers, which is too bad. That's always a good show. Yeah. Showstoppers. Yeah. No, I like, I don't know. Maybe it's just because I've continued to make more and more friends in the tech press. And so like, part of it's like, I kind of just want to go to CES, like I go to South by and like. Yeah. And just hang out. Yeah. For like the open bars. But it's so much more work to meet up with people at CES because everyone is conflicting schedules. Yeah. See, not if you don't have a schedule. Well, you don't, but they do. Yeah. And that's fine. Because like, I can just take any availability, right? Five minutes now, sure. 2 a.m. That's fine. Me too. I don't like talking about CES. I'm tempted to use that one. How about we just leave it at, I hear you like talking about CES. Oh, no, the yo dogs, what makes it, isn't it? Yo dog. It's very 90s, but sure. Yo dog. Oh, yeah, yeah. Late in the afternoon, this is later in the day that we usually do this show. So kind of yawning. I know, right? I'm not usually up this late. I'm not having my early bird special. The best birds are the early birds. I don't know what to call this episode. CES, the final countdown. No, I'm not CES, the final. Voice Wars, a new trope. Voice Wars. You know what, I think I might do that. I'm making the title. I don't think I've actually made a title in years. I'm going to try to get a family T-Mobile plan. So Jen is not paying AT&T for spotty service. Oh, we should all be on a family plan together then. Oh, that'd be great. Yeah, Eileen and I are on T-Mobile too. And she was, we were not on a family plan because she had to get hers paid through work. But her new job, they gave her a separate phone with a separate account and it's not T-Mobile. So she needs a family plan. Well, save me money. I mean, save us money, I should say. Oh, dear. Oh, dear. Your connection stayed through the whole show, Justin.  You know, at the beginning and then straightens out. It's a gamer, my internet connection. You know, a real show must go on kind of ISP relationship. Should do what Tom doesn't get another, like get DSL and then get a bonded router or something to take two of them. I feel like that would be a very smart thing to do. It's involved, but it's not super hard to do to get both of them to show up as a single internet connection to you. I mean, the problem is, is that the uptime in general. It's good. So reliable that it's like, you almost don't want to have to, like you almost have to have a failure to justify it. Right? Yeah. Have a MeFi or whatever and standby. Yeah. I mean, even that's expensive. I mean, that's the thing is like to do redundant internet is just, especially when it's like push comes to shove. I could always just stream off your phone, right? If it's like, if it was a, I don't know, it just, it seems like one of those things where it's like, I almost just wish that there would be a way in which I could upgrade within my current ISP to have another ISP, right? Right. Like places with unbundled systems where you can just be like, Hey, it's the same pipes, but just give me another one. Just give me two and, you know, It's like, if I need to, I need to utility suppliers. Yeah, exactly. All right, guys. Well, fun times. Good times. Magical. Great taste. Thank you for doing the later time. Hey, no problem, man. And yeah, good times all around. I'll talk to you. Bye everybody. Bye.


Are you curious about whether people secretly admire you? You know, sometimes it's really challenging to know if people genuinely admire you, particularly when they're not open about their feelings. It's completely normal to feel a bit uncertain about this, so don't stress too much. The good news is that there are a few subtle cues that you can look for to give you a better sense of how much others truly appreciate and value you. Once you start recognizing these hints, you might just find that you've made more of an impact on people than you ever realized. And hey, who doesn't love feeling appreciated, right? In this video, let's talk about some important signs that might reveal someone secretly admires you. They frequently compliment you. It's pretty amazing how a simple compliment can reveal so much about someone's feelings. According to social psychologist Susan Fisk, the way people communicate their admiration can be both subtle and direct. But the core message remains the same. They genuinely appreciate and value you.  As the evening progresses, they approach you to strike up a conversation.  Their words leave you feeling genuinely appreciated, and you can't help but think that this person might secretly admire you. They mimic your behavior.  This phenomenon is called mirroring, and it's actually quite common when people respect or look up to someone else, according to Dr. Tanya Chartrand, a psychology and neuroscience professor at Duke University. Mirroring can be a clear sign that someone admires you and values your perspective. Picture this.  Over time, you notice that one of the participants starts to pick up on your way of speaking and even adopt some of your gestures. At first, you're not quite sure if it's just a coincidence, but as the workshop continues, you see that they also begin to seek your advice and genuinely consider your opinions. This experience leaves you feeling both flattered and curious. Recognizing this, you appreciate the connection you've made and feel encouraged to continue sharing your knowledge and experiences with others. They talk about you positively to others.  It's pretty remarkable how people might secretly admire you and speak highly of you when you're not around. According to Dr. Robin Dunbar, a professor of evolutionary psychology at the University of Oxford, sharing positive comments about someone's accomplishments, skills, or personal qualities with others can be a sign of admiration and build social bonds. Imagine this. You're attending a friend's party, and as you mingle, you bump into an acquaintance who seems excited to see you. They mention that they've recently had a conversation with someone who spoke very highly of you, praising your talents and kindness. At first, you're pleasantly surprised and a warm feeling of appreciation washes over you. As the night goes on, you can't help but wonder who the secret admirer might be. The idea that someone holds you in such high regard and shares their admiration with others makes you feel genuinely valued. This revelation motivates you to continue being the best version of yourself and serves as a reminder that your actions and qualities can leave a lasting impression on others. They seek your approval. Do people frequently approach you for advice? When people admire you, they hold your opinion in high regard. They believe that your perspective carries weight and value. They may seek your validation or approval on matters that are important to them. They value your opinion and respect your judgment, often seeking your input before making significant decisions. This behavior indicates that they consider you as a reliable and influential figure in their lives. Defending and protecting. Lastly, if someone secretly admires you, they might go out of their way to defend or protect you when others criticize or speak negatively about you. They may stand up for you, offer counter-arguments or defend your character. This behavior shows their loyalty and support, even in challenging situations. Have you ever noticed any of these signs of secret admiration in your interactions with others? Maybe you felt the positive energy from their compliments or observed how they mirror you, or how they talk about you to other people. We'd love to hear your experiences and insights. So share them with us in the comments below, and don't forget to share this video with friends who might find it fascinating as well. Until next time.


Educating investors. The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER>. Now, Larry Pezzavento. Okay, looking good, Billy Ray feeling good, Lewis. Well, we're going to start the show just a tiny bit differently. Each day when I do these shows, I try to do something a little different. And this morning I got a really cool email from Mr. Hector Castillo down in Del Mar, California where the surf meets the turf where Bing Crosby and Jimmy Durrani started Del Mar racetrack way back in the 1920s or 30s and it's been one of the most beautiful places to go to watch the races in California. Well, Hector and his lovely wife went there last Saturday and she happened to pick a couple of horses in the third race. I marked them up. You'll be able to see here one horse was 44 to one. The other horse was 45 to one. And you'll see the horse right below that was the favorite and he was off at less than a dollar. So if you bet the favorite, you got 80 cents back on your money. But if you bet one of those other horses, you got one heck of a payoff. And if you look down here at the bottom, her payoff, she bet a $5 exact a box which cost her $10 and it paid 870 to one. Now that's a little better than even money that that favorite paid. But that's what happened. She got paid a lot of money. So I was happy to see them send that. The names of the horses, of course, was Bear Mountain. And she bet them only because of being a long shot. So the day La Luna, which was the day of the moon, which was the second horse at 45 to one. That's it. By the way, just for historical purposes, the biggest payoff ever in California racing for an exacta for a $5 exacta was a horse called Royal Impact at 60 to one. And the horse in second place was 90 to one called a dunes. The Royal Impact at dunes, the 12 for exacta, paid $12,750. And who had it? Mr. Eddie, fast Eddie Horwitz. I didn't have it because I didn't want to spend 10 bucks, but he had it. And that was back in 1973.  And that means that almost everybody going to the track is there for donations and entertainment. They're not going to make any money. Usually probably 10% or less than 10% of the people will make money. But as you as you see the races unfold during the day, people that are losing will start betting on long shots. And that means that the favorites that are in the race will be priced at a different price.  Usually he's around two to one or three to one, but he won't be two to one or three to one because of the people betting on the long shots. They'll make that favorite. He'll be paid maybe four or five, even six, sometimes seven to one. And so if you bet that horse, he has a chance of showing 85% of the time. In other words, he finishes first, second or third 85% of the time and that'll cover your expenses for the day. And you might get lucky like Hector's wife. Hector never told me whether he got to keep any of it or not. Hmm, I think I have experience in that, but that's look. Now I wanted to go through one other thing. There's a little longer story to this and you know, one of the reasons I love doing this show is I get to share some of these stories. I've told them before, but some of them are so very vivid and important to me. I want to tell this one again. You'll notice that these two horses were 45 to one and 44 to one. And my very first experience with the track was in 1972 with Eddie Horowitz. And hold on just a minute. Hold on. And Psy, who was the former, um, former, um, gosh darn, he was at not an admiral. He was Lieutenant Colonel in the army and, uh, he was also a good friend of Jack Warner and Jack Warner was there. And we were setting at the track and it was the very first race. And I happened to be sitting next to Jack Warner because Eddie and Psy were sitting right behind me. And I was looking at this horse at 90 to one called Guide Tour. And I said, I like this horse. It looks how pretty he is. You know, I don't know. You know, I still don't know anything about horses. And, uh, and I said, why don't you just throw your $6 at win place and show that out on the track and let the birds pick it up. He said they have no chance of that horse winning. And Jack Warner looked at me and he said, kid, he said, you see those horses out there? I said, yeah. He says there's not one fricking one of them that knows how to read. He far as he knows, he thinks he's man of war. And of course, Guide Tour happened to win that day. And I got back 780 bucks, I believe, for my $6 bet. And I always remembered that, that those horses can't read. So that's the main thing.  Like Secretary, it went a lot, but he only paid 210, 210, 210. So if you bet $2 on him, you only got $2.10 back. You know, so that's the main reason. You've got to find out why it's there. There's a method to my madness, boys and girls. Stay with me. I'm going to show you the next chart. Okay, this comes directly from the newsletter. Let's get this up here because we were talking about this as one of the features this week was the move that we were looking at potentially in the crude oil. Let's get this up here so we'll be able to see it here. This is the daily chart on crude. Now it's been updated through today because you can see we had traded up to 91, but the 61% retracement on that ABCD pattern came in at 8735. The low was 87.01. Now, if you read the newsletter and if you read the newsletter 24-7, I think you'll be really surprised what really happened because in the newsletter, what we said was, and I'll get this up here to take a look at it. You'll be able to see it just one second. There we come up here with a little half hour chart. So we'll be able to see it over the last few days. We'll be able to see all of these beautiful ABCD patterns. Now these are not 870 to one folks, but the payoff is pretty good. As you can see here, we had the big ABCD. There it was right there. 8735, the low was 87.01. And we said in the newsletter, watch for a rally to the 3A2 at, are you ready for this boys and girls? 92.64 in print. Take a look at it. You won't believe it. And the high was 92.65. Uh-oh. We missed it by one tick, so that one didn't count. As you can see, this was updated about an hour or so ago. We've already broken $3,300 in the last hour and a half from that. Now that's nothing like a payoff on a $5 exact a bet, but that's still a pretty good payoff. But you can see the beautiful ABCD patterns that we're forming there. They don't always work that way. But remember now, if this is a true BC swing there at 92.64, that means that we're going to $78, I believe. $78 is the ABCD structure on that. And that's half the price of where we were back in March. So maybe that war over there is going to be ending sooner than what we had thought. So I hope that pays some, you know, helps you to realize it. What's going on? I want to show a couple other of these because we're looking at our guest today is Shane Smolian, theWolfTrader.com. Tomorrow we've got an open day. I've got some information I want to share with you tomorrow. And then Wednesday, Thursday we've got Stan Harley. Do not miss Friday, folks. Well, don't miss Thursday either, but Peter Lighty's on Saturday, Friday,<PHONE_NUMBER>. In a time of booming inflation, we are purchasing powers eroded. There's no better place to protect your hard earned money than ain't gold. Vista Gold's flagship asset is the Mount Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world class gold project in a tier one mining district. This is a large scale, low cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. Vista Gold just completed the Mount Todd feasibility study, which resulted in a 7 million ounce gold reserve in a 16 year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This extinguishes Mount Todd as an attractive, diverse party, ready development stage gold project. Vista Gold trades on the New York Stock Exchange under the symbol VGZ. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability Newsletter. Steve's award winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open. To give you the competitive informational edge you need to succeed, these newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN Educating Investors.<PHONE_NUMBER>, internationally at<PHONE_NUMBER>. Okay, we're back folks and I believe we have Bob from Spokane, Washington on the line. Bob, are you there? Good morning. It's good to be back, my friend. What can I do for you today, Bob? Well, I'm glad to hear all these stories about the race. Grandfather was a large shareholder in the California Jockey Club, John Anita in Hollywood Park. I remember as a child, that's how it all started for me. You ran into some famous people in those days, I'll tell you. I did, I did back then, but it was fun. Anyway, thanks for all those stories. And my question today is regarding Trader Tom, did he give you any insight as to what he thinks right now of Bitcoin or Ethereum here? He has no feeling about cryptocurrencies and worse than that, he has no interest in it at all. He really, it's, he just, he doesn't block it out. He just has no interest in it at all. As a matter of fact, he happens to be in an island off the coast of Spain here for the next month with his family. Just to show you what success will do for you. He took 22 people of his family first class for a whole month there and he rented a nine bedroom mansion with servants and cooks in the whole bit for the whole month. So he's living the life of Riley right now and Riley's paying the bills. But he has no interest in the cryptos. I've talked to, and I know very little about him myself, but he does so well just with flat trading that he just doesn't want to go to an area that he doesn't understand. And as you know, Bob, cryptos are probably next to brain surgery and cardiac surgery. It's pretty tough because there's so many things that can go wrong. You know, it's just, so I have, you know, John Jameson is a source I use who's really good at this stuff, but you know, I don't know very much about it. So I can see the chart here to me. That's just a little dead cat bounce that we've seen from 18,000 up to 23,000, 24,000, whatever it is. I mean, that to me is, it should have really taken off a lot more if it was a major bottom. And we've got that major ABCD staring us in the face at 12,000. So that's what I think is going to, where it's headed towards anyway. So put the brakes on till 12,000 and then reevaluate. It would be much better. Yeah, reevaluate. You know, I'm not going to say buy something for 12,000. Go down and look at one of the other cryptocurrencies that, you know, we've looked at in the past like Cardano, ADA. You know, we recommended that at six cents. It went to $3. It's at 53 cents today. If that gets to 15 or 20 cents, you can only lose 15 or 20 cents. You know, stop the train, get on it. That's like buying a two, you know, 40 to one shots at Del Mar.  For sure. Well, thank you very much. And once again, welcome back. It's good to have you back. Well, thank you. It's good to be back. It really is, you know, I, I enjoy when I, when I got that really cool email from Hector last night, I looked at that and I said, oh, I was thinking of something to talk about. And I said, gee, I brought back so many memories and I said, I, I have to talk about, we used to rent a house there during the time when I was at Drexel. We would rent a house for the whole month down at Del Mar, you know, not on the beach, but really close to the beach. And the kids would go and then we would go and play the races and then go out to dinner at night. We, it was really just a really a lot of fun.  Those are gone. Yeah. Well, anyway, good talking with you and hi, Sarah. And we'll be thinking again. Thanks a lot, Bob. Thanks for calling in. You bet. Okay. Now let's take a look here. I posted the chart of that E-mini S&P from yesterday and I wanted to just give you, because since we talk about the races and stuff like that, the races are no different than than the futures and stuff folks. The reason why is it's all numbers. I mean the race tracks all these sports. Everything is, is based on numbers. How many yards a ball carrier can catch? How far I can throw the ball? All that stuff is related to numbers and we're doing the same thing here. Yesterday, this is what we were looking at. If you remember, I said, watch that 3-8-2 retracement that we had there. Remember this big high up here? That was the large ABCD, you know, on the long term going back to June 24th. That measured to double, double measurements between 41-78 and 41-90 and it got to 41-88-75 and of course you can see after that 3-8-2 we've been trending down, but nothing, you know, really, you know, really dramatic. Now someone asked me to comment about Kathy Wood and Arc Trading and stuff like that. Folks, I don't know anything about her. I know that she's got to do with technical stuff and though she's had a pretty rough run this past six or eight months or a year, whatever it was, but before that she was, you know, she was golden and that happens to all of us in this business, but I don't know anything about her. So I don't want to make any comment and even if I did I wouldn't make a bad comment because, you know, we all go through periods of, you know, being good and being bad and you just got to learn to live with it. That's the main thing. I did want to share, before we have Shane on, I want to share you one of my very favorite horse stories. It goes back to when I was a little shaver. Eight years old, my grandpa, we were living there in Clinton, Indiana right outside of Terhult where I was born and he said, come on son. He says, we're getting ready to go to New York and he says, we're going to go to the races and I'd been to the Kentucky Derby with him, but I'd never been to New York and so we had a, he had a 36 Ford pickup and we slept in the back of the pickup. We drove all the way to Saratoga, New York and we went to see, they were having a horse was being shown, his name was Man of War. Man of War only lost one time in his whole career and that was at Saratoga Race Track and he was upset by a horse named Upset at 99 to 1. Anyway, we went there to see him, they paraded him around, he ran around the track, he was about 29 years old at the time but the reason why we went to Saratoga was because we had relatives there because the family came from Italy and they were coal miners and they first settled in Saratoga then later on in southern Indiana where the coal mines were but that's where we went to visit friends and stuff like that, it was a good four-day trip but I always remembered I'd love to have that old pickup truck back but those days are since long gone. Anyway, that's another one that I wanted to share with you here. I want to talk about the gold market folks because for the first time in quite a while we're seeing something where we might, and I'm saying might this is a big might, we might be making some type of a little top here in this gold market and the reason why I say that is if you look at all of the ABCD patterns that are here, you see the big bottom that was made, there's the pullback just like we said in the crude oil by that first 3A-2 pullback and boom, away it went anyway, you can see we have a 3-drive pattern forming up here at this 18 17, 18, 19 area, so watch that really closely because we've come a long way folks, we're up 130 bucks from the bottom and look at the corrections, we've had $230 corrections which are pretty much spot on to the harmonic number in gold, so let's remind ourselves that that's where we stand. By the way, thanks for listening to the stories that I have and I try to tell as many as I can and the ones that I can't remember I make them up, no I don't do that. Anyway, let's wait on for just a few moments and we're going to have in 4 minutes, we're going to have Shane Smollion the WolfTrader.com sharing some of his ideas and where he thinks the markets are going, tomorrow is an open day, I will have either I'll have a guest or some special stuff tomorrow, Thursday, Stan Harley Friday, Peter Lighties, we'll be right back with Shane Smollion the WolfTrader.com to take advantage of this sector now is the time to subscribe to my Gold Report. 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. 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From the moment the market opens until the closing bell sounds, Tiger TV has 8 different shows with expert hosts to help make the right moves with your money. Watch online at tfnn.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN Educating Investors This segment is brought to you by Think or Swim. For more information just click the Think or Swim banner on the front page of tfnn.com Ok we're back online folks with Shane Smollin the Wolf Trader and Shane we have a caller from Southern California Mike are you there? Hi Larry, hi Shane nice to talk to you guys this morning What do you got on your mind my friend? I want to start off by wishing Larry a happy birthday we missed it when he was out I was born on the same day as Ralph Elliott July 28th but I don't count my birthdays I haven't counted those since 1976 I give them to people that are 20 years old so they can start drinking a year early That's what I've been doing all these years That's a great idea So you have Tesla on your mind What do you want to know about Tesla? Well where do you guys think it's going? I have a big chart off here and a long term it looks like it's in a consolidation or pullback where do you think it's headed from here? Well we have a lot of resistance up here close to $1,000 a share I don't know how high it got today but I know it's $1,000 but you can't bet against betting against a Tesla is like betting against Shane Smollion you do not want to do that that's all I can give you for advice Mike Well I'd just like to thank you guys for all you do and Shane I love your work too and look forward to hearing from you Thanks a lot Mike and I'll get that $20 in the military just as soon as I collect it at the track Alright Larry, thanks Okay Shane go ahead my friend How are you doing Larry? Good to see you back Yeah, living the dream baby on the green side of the grass one more time Wonderful Alright I want to start out with some key points of focus here just some things to lay the groundwork here number one the S&P is not out of the woods so sorry people I know it looks pretty good here with this little rally we are not anywhere close to being out of this bear market S&P gold, Bitcoin likely to all decline together on the next leg down so when this next leg down comes in the bear market I think they're all going to go down together that's what happened during COVID I think it's going to happen again now gold is in trouble it's in a seasonal rally right now if we get to that it's at the end of the presentation I'll get to that but the first whiff of inflation slowing down is likely to cause a collapse now we saw gold during this big inflation run of COVID and it didn't do so hot and so now it's in this decline and I'm of the opinion based upon multiple cycles that gold has a long way to go here to the downside and natural gas I would keep an eye on that guys because the fall is coming we're just a couple months away from the fall and Europe has a big problem with the Ukraine-Russia situation so those are some key points of focus just I wanted to lay out but I also want to lay out some key seasonals here just to touch on multiple markets just to kind of let everybody know what we should be seeing so first of all gold is at a seasonal peak this is its strongest period from late July to early September so it should be rallying based off of what it's doing it looks pretty weak to me and the larger term cycles I have them when we're talking about 12 year 29 year I have all of these headed lower they're just topping now they're doubling lower so I'll watch for gold watch for a peak in gold the grains in the natural gas peak in mid-September typically but the Russia situation might shift that natural gas it might keep going oil same thing peaking in October but the Russia oil is hitting a low today in the seasonal pattern but Russia might shift it and it could shift either way or things persist as they are likely it could cause it to run up bonds have a downward seasonal through December bitcoin is down bitcoin just had a major cycle high that just came in on the last few days and then S&P bottoms in September October I'll get into that that's dealing with the election cycle so we're going to talk a little bit about the election and how that affects the S&P because some people have been asking me about that because we're in a tightening phase and we're in a technical recession so I'll do my best to answer all those questions but first of all inflation this was a headline yesterday consumers expect inflation to slow down which is a big win for the Fed I'm not sure how to interpret that if the opinion of consumers really means anything but it is an interesting headline here I do think we are getting a cool down in commodities I'm going to show you some evidence of that but the problem with the inflation is that the inflation we have other areas that are sticky so commodities are starting to cool off it is true I do think the Fed's policies are going to be able to cool off some of these commodities but when you have areas like rent housing the housing market grains being affected by Ukraine you have droughts natural gas with the Russia situation medical care is not coming down eating out is up public transportation is up 23% these are very sticky areas so these are likely to remain elevated and plus natural gas you have to remember when we offered Europe help the EU help that caused our natural gas markets to spike so there are these other areas that are really out of the control of the Fed right now there is also staffing shortages food shortages I notice in the grocery store now when I go to get potatoes they are not there they might be there in bags but the big ones aren't coming I talk to the managers and they are like we are just not getting stuff and that is in some all different types of chains I have been seeing I think it is likely to cool down but not to the 4% target and then of course outside factors there are hurricanes that can come up through the Gulf that can spike oil Ukraine outside of the control of the Fed remember there are rumors of they are burning down whole fields and they are missing whole planting seasons so you have the wheat situation which is controlled by Russia, China and India 40% stimulus could come in if they cut more stimulus checks that could cause inflation there is a drought going on which could cause the price of meat and hogs to go up and then the supply change so there are things what I am saying is it is not a uniform market like it was before and there are certain areas that are likely to stick and because I don't think it can get down to that 2-4% I don't think we are going to have another round of QE anytime soon and I think the Fed is going to likely continue this tightening phase now what I want to show you here these are trades of multiple markets so this is not just one like S&P or something this is looking at about 20 different commodity markets, financials, bonds these are trades and the long trades were actually dominating and then all of a sudden when we hit May to June the long trades stopped working and all of a sudden the short trades start working and to me this is a sign that the bear market is starting to become entrenched across multiple markets so that's an interesting shift I noticed that so again S&P is on this little bounce here but if you look at all of the markets together we are starting to see more of a short bias now on the market so I think that the bear market is now finding its way and the inflation is starting to cool a little bit now S&P here let's talk about the election so people ask me this all the time can the S&P rally into the election what would like to do instead of just put a statement out like that let's talk about how these markets behave so we know that usually before elections there's a lot of uncertainty and the markets are usually flat they don't really go anywhere before the midterms until we get to about mid-September to October now some of the reasons why people think this happens is because the polling becomes more concrete at this point people feel more certain about hey it's going to go this way or this way and so typically that's when we expect the low based upon these election years now typically I'm not saying this is going to happen this time but typically the rally continues through the elections and then in year three of the presidential cycle that is the strongest year so next year is the strongest year of the presidential cycle and that rally typically goes through April now we have other situations going on right now obviously we have some things that could be different so let me talk about why this could be different the Fed is tightening that's likely to continue I don't see that stopping I don't consider rate pot we'll get to this when we get back right back folks, Shane Smolley at wolftrader.com over the five hours of live education Basil will discuss studying and practicing entry and exit points assessing where to add or subtract from positions utilizing simple technical tools for holding positions longer taking bear charts and adding notations tools and patterns as well as identifying three core formations that repeat in every time frame and much more when you sign up you get a chart booklet email to immediately to start studying and you gain access to his daily newsletter the opening call a $149 value the cost to attend is only $295 and the full five hours will be archived don't miss this live special event Wednesday August 10th with Basil Chapman for all the details and to get started today visit the front page of TFNN.com right now to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week you can get the technology insider at TFNN.com for only $37.50 sign up for David's newsletter the technology insider and get an inside look at everything the technology sector has to offer try at risk free today with our 30 day money back guarantee TFNN, educating 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 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 a possible loss of principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services LLC this program is brought to you by Vista Gold traded on the NYSC American and TSX under the symbol VGZ we're back folks talking with Shane Smollin most trader dot com can you continue young man sure so why could it be different this time with the election cycle well a couple of things the Fed is tightening and I think there's already certainty I think we kind of know what's going to happen there at the polls are very one sided that you know it's one sided to the GOP so I think there might already be certainty we're in a bear market and then there's a technical recession the yield curves are inverted I know that that that jobs number was positive but I mean technically it's always happened when that's occurred I mean the only thing you could say is a we're coming out of COVID this is a different situation but we'll get to that so the SMP summary so we're still in this expanding corrective flag pattern the August Astro is negative and the worst part is late in the month and then early September and then again this election cycle suggests a low in September October the feds continuing the tightening and the economic contraction continues and the global contraction continues and there's an inversion of yield rates and I think you talked about that yesterday with your guests so these are very strong indications that there's very strong indications that we are in a recession and then this increase in the labor force might actually be a bad sign because people weren't working and they're being forced back into the labor force so it might not it might just be that because the conditions are getting worse they're forced back in they got that got kind of shifted with COVID and then of course the big thing here guys the Fed use and the Fed internals are still in a cell I do look at these daily statistics for the SMP today is a relatively positive day Wednesday is is a worse day and then Thursday Friday are typically strong and then Monday is coming in as your weekday so watch the SMP over the weekend it tends to track with Bitcoin and if Bitcoin is faltering over the weekend it can also drag the SMP down so I always put a high risk on Mondays as a potential gap down day because Bitcoin trades over the weekend it can cause it to trade in sympathy so I'm always really careful about any long days that we take over the weekend now this next chart is an intraday of the SMP this is the correction here and we have some type of an expanding wedge now no matter how you want to count this it's expanding and these types of these types of corrective patterns are very dangerous because they draw a lot of people in and then also on this wedge up here on this expanding part there's a little part of it that's actually contracting and so that actually we actually just kind of hit that time contraction on that now sometimes when you get these contracting wedges you get a violent move to the downside but this SMP seems to be taking its time I think the main thing here is that when we look at all of these rallies they all have retraced in very quick order here and I don't think this one's going to be any different I think we're going to be headed back lower here and I think the quantitative tightening is going to take effect here I do want to point out something here this is a chart showing the Fed internals here ultimately we are heading lower on these internals as quantitative tightening starts I do have a little I have a little cycle down here that I started running this is the I call it the Fed internals biorhythm this is rolling over now and heading down until about August the 19th so I think we have a chance here for this SMP to be showing some signs of topping here I have multiple signals coming in here now the pink signal here is the optimized Bradley the green signal is the double lunar and the black one is the planetary speed so what this means when we get a clustering like this a lot of times that tends to do a better job at marking these turning points in the market so I think that the SMP is definitely definitely vulnerable here to go and lower here so a couple other things I'm going to look at here the gold miners is still kind of pushing up here it's in this little corrective rally but it's relatively weak you can see that the miners have been weak compared to gold and so I think this is likely to end around September the 1st I think that's when these gold type of stocks and bullion are going to start to roll over now the VIX is an interesting one too because this has been laying on its belly too for a long long time this is a really really low pattern here and typically what we'd want to see at a market low we'd want to see the VIX spiking so we haven't seen that yet so I'm kind of waiting for that to happen now somebody asked about RK Innovations there's an interesting pattern here RK Innovations the FEDGIS has been in the cell since February the 10th but you can see here that there's an 11 wave corrective pattern going on here guys that's super rare and that's the maximum amount of corrective waves that something can make in a pattern if you're looking at like an Elliott wave type pattern 11 waves is called a triple 3 it's super rare and so that's not a good sign and then we also have these bigger cycles rolling over with Bitcoin so I kind of look at RK and Bitcoin that they tend to trade in sympathy so those are just some run down of the S&P and some stocks now gold is an interesting one here so last time before I came I was going to come on the show last time this was the chart that we had I said you know for gold it's really do or die time this is going back to the beginning of July and you can see here that gold has this solar cycle this is the orange pattern here this is the solar cycle here and so you know I was saying gold really has to get going here at this point and so we were at the low of this solar cycle this was back in early July so it really needs to get going here because once we hit the end of August or the end of the end of August basically that's the end of the run for the gold cycle and you can see here on the chart that gold has really gold has had a relatively muted rally so I expected gold to try to do something here between August you know this August period that's when gold gets strong so I expected this to try to get strong I mean it was showing signs that it was really in trouble here but again once we hit this topping period into here I think gold is going to be in trouble and again once we start to see any cooling of inflation I think gold is really going to have issues because gold does not do well in deflationary periods it's supposed to be this inflation hedge so I think it's going to start once that next leg of that bear market gets started we got to look what I'm looking for is when Bitcoin, gold and S&P start going down in sympathy and I think that will kind of give us a measuring point of the next leg of the bear like how like we're kind of in the center of the next leg down on this bear market and so that's something I'm really watching with great interest here so gold is in focus here and again it should be rallying a short term rally but long term I had talked about this before there was a divergence on gold that I talked about this divergence goes all the way back to 2008 and you got to get down to this like 1100 to 1000 level I think that's where we're going and I think it's going to take us a few years to get there I think once we get to this level into here I think gold is going to base pretty well and I think it's going to set up for a nice trade you know could be another 5 to 10 years but I think in a few years your gold is going to be working its way lower here as it tries to figure out like what it is like what is its identity that you know the identity of gold has changed so much since the arrival of quantitative easing and printing of money the Fed has basically said we don't need gold I know we went off the standard but quantitative easing took it to a whole another level and then the arrival of bitcoin really changed what so what is gold you know like gold is kind of an identity crisis right now and I think it's going to have a few years to figure that process out and I talked about this before that we have you know some of these cycles we have this long-term Jupiter cycle coming up on gold and gold you know this is where we are right now and so this peak right here this triple peak we're coming off of this now and this really falls until 2025 this is the Jupiter cycle and then there's a Saturn cycle that will go even further so you know it can bottom before some of these lows but the question is when will it go to the bottom and I think you know the more you put these cycles together you know you put the diversions together you put the Jupiter cycle together you put the Saturn cycle together you put the annual cycle together you start putting all this together they're all kind of pointing down wow very good very good you're going to have to bring these cycles in more than 10 years pal because on my clock I don't think I got 10 left I want to let this folks I want to let the folks know how they can reach you Shane we'll be right back folks Vista Gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold project Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives in completing an accreted transaction Vista Gold trades on the NYSE and TSX under the ticker symbol VGZ Vista Gold executing a strategy to create shareholder value you might think that if you want to be successful at trading in a stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you the key indices, selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at tfnn.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today tfnn.com educating investors on how to facilitate trading what are you doing 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 all right folks I'm hearing your talk about this like and share I'm not going to share All right, folks. So I'm hearing that we lost Larry's Skype connection. So I'm going to go ahead and keep talking here, assuming that everybody can hear me. And I'll just finish out with this segment on Bitcoin. So I meant to talk about S&P gold and Bitcoin today, but this is Bitcoin. I do feel that Bitcoin is in trouble here. Bitcoin is coming up to a major cycle high. And I showed you in an RK innovation graph that there was 11 waves of a corrective pattern. Bitcoin just makes this double lunar cycle high on the fifth. We also have a cycle called the hottest cycle that looks at long-term cycles. That's topping. This is the solar cycle that's topping. So I think Bitcoin is going to have a lot of issues here through December. And I do expect Bitcoin to move in sympathy with the S&P. So again, this is why I tell everybody, watch the weekend. Be careful because if you look at Bitcoin, if you look at these statistics on Bitcoin, Bitcoin has the same pattern as S&P. Look at the worst day of the week. It's Monday. You see that? So there's a five.  So be careful with long trades over the weekend and always check on Bitcoin. Thanks, everybody, for joining us. Thanks, Larry. Thank you, TFNN. Have a great day, everybody. I'll talk to you soon.