It's a business in Hawaii with Reg Baker. Re-broadcast live every Thursday afternoon from 2 to 2.30 in the downtown studios of Think Tech Hawaii in the Pioneer Plaza. We are a show that focuses on positive and motivational stories about businesses and their owners in Hawaii. There are challenges, there are challenges anywhere you go, but there are ways around the challenges to overcome them and to be successful regardless. We also have guests on the show periodically that support small businesses and help them through the minefields of doing business in Hawaii. Today is one of those guests. We've got Mia Abciana, who is an attorney, covers a lot of different areas of law, but what we're going to be talking about today is law specific to the restaurant and bar industry, which has a lot of nuances and challenges and Mia is going to explain some of this to us today. Welcome to the show, Mia. Thank you. Before we jump into the details of all these challenges in the bar and restaurant industry, tell us a little bit about yourself. You've been in Hawaii for a while. Were you born here? I was. I was born and raised in Cragmula, went to school at Punahou from kindergarten until I graduated. Congratulations. Thank you. I survived. I did. Then from Punahou, did you stay here to go to school or did you go to school in the mainland or what happened then? I initially went away to Seattle and I went to college at Seattle University for two years and ended up returning home to Hawaii to finish college at the university. At UH Manoa? Yes. All right. Then did you go right into law school after that or was there a break? I did. I went straight into law school. I went to Santa Clara University. Really? So back to the mainland? Yeah. And then you finished law school there? Yes. Very good. And did you work in California at all? I did. I lived and worked in Orange, California for a few years. I think about four years. Now, Orange, California, is that different from Orange County? It is in Orange County. But the city's name is Orange. Interesting. I never knew that. I could see the fireworks from Disneyland from my office window, which was great and depressing at the same time. Well, I guess. You could have been there to participate and have some fun. Yes. Well, that's very interesting. And how long did you practice in California? I practiced for about four years in California. Very good. And then what motivated you to come back home? I always planned on coming home to raise a family. So as soon as I had my first son, my husband and I decided to move home. Oh, well, we're very lucky that you did. Thank you. Thank you for coming home. And you've been home for how long now? Since 2008. Wow. Okay. So we're going on to almost 10 years. Almost 10 years. Very good. And when you came back, did you open your practice right away or how did that transition happen? My first job coming home, I was a deputy prosecutor with the City and County of Honolulu. Really? Good for you. That was a very interesting experience. Yeah. And how long did you do that? I did that for about almost three years. Three years. So you must have had some pretty interesting cases during that three year period. It was never boring. Good for that school. That's a good job to have then. Definitely. Yeah, I guess in that capacity too, and from some other people I've talked to, I guess it can get exciting, but I guess very stressful too. I mean, people can be upset with you. A little bit. Right. When I left, I was in the domestic violence unit, which is particularly difficult. You see a lot of very upsetting things every day. Disturbing. Disturbing things. And occasionally, everyone was upset with you. The defendant was upset with you. Your witness was upset with you. The lose-lose situation. A little bit. That's too bad. Well, but I guess you were there for three years, and then what motivated you to go and open your own firm? What happened next? I joined corporation council with the city and county, so I stayed in the city. That was when my old boss Peter Karla became the mayor. I worked for the department of corporation council. That was a city attorney for a few years. So when he became mayor, was that an opportunity that he saw for you and he wanted you to work with him or did you do that on your own? I did that on my own, but it did work out pretty well because a lot of the same players were working for the mayor's office. You knew who they were. Yeah. Good. So I made for a good working environment and nice relationships. Yeah. Yeah, that's important in Hawaii. That's important anywhere, I guess. Yeah. And so, boy, you've got some good experience. You've got the city prosecutor, then you had the corporate council. I mean, you've had some good background experience. And then what did you do after that? So after working for corporation council, which included an assignment with Lebanon liquor commission. After I was presented with the opportunity to work for a private law firm in town, it was then called Bronster Hoshibata. Bronster. That's a familiar name. Yeah, Marjorie Bronster. She's amazing to work for. She's one of the smartest people I've ever met. Good. One of the hardest working people I've ever met. So it was a great opportunity. And so I worked for that firm for a couple of years and then opened my own practice. All right. So you've had some good opportunities with some steep learning curves to learn a lot of good information that you're now able to, I guess, utilize for the benefit of your clients. Definitely. It definitely helped a lot. Very good.  You've been in practice now on your own for how many years? Since July of 2015. So two years now. Two years, all right. And it's been going well, I assume. I guess there's always challenges, you know, and I get, let me just share or ask you to share. What was your biggest challenge of starting your own practice? The fear, I think. It's terrifying being on your own, being the one person responsible for making sure there's more every month. Yeah. And bringing in the money and just handling the everyday talk to bottom. And this is coming from a previous city prosecutor, right? I mean, you're used to dealing with fear, but this was even more scary. It was. It's incredibly daunting to go out on your own and be your own boss.  You know, there's a lot of components that weigh on you. Yeah. That you've got to really deliver. Otherwise, a lot of people will be disappointed. Definitely. Yeah, and I guess that could be pretty daunting, but, you know, it's something that I think all businesses generally have to deal with when they're first starting out. But you've gotten through that.  So was there any tricks to, you know, getting through this? I mean, what helped you get through this fear or phase? It's one of those things that you just, you do it because you've helped you. So you get through it and you just try to get from day to day. And you're surprised at how you're able to overcome these challenges along the way. Attitude is important. Sure. Being disciplined. Yeah. You know, almost having to force yourself to do it even when it's a little scary.  Yes. You know, that was something I always had a hard time with. Is it because I generally like to have people like me. Right. And when I go out and try to sell my product or service or whatever it is that I'm trying to do and they say, no, it's hard not to take that for me anyways, personally. You know, what did I do wrong? How come this isn't working for them? And so handling rejection is a challenging part of it. Sure, it is. But I think the more experience you get with dealing with clients, you understand that there's usually a reason why. If it's not the right fit for the client, it's not going to be a right fit for you. And that would have turned into a problematic relationship in the end. You know, and what's interesting is I think once you get past that initial phase of a year or two years, now you're in a position of maybe being a little bit more selective. And, you know, when you're first starting out, you have to take almost whatever comes along to help pay those bills and keep the practice going. But once you've been doing it for a while, you can be a little bit more selective. And so if that fit isn't there, you're able to say no. Right. That was the other thing that I had a real hard time with is saying no. You know, I always wanted to help people and having some revenue come from it was always nice. But saying no can be difficult, but could be the best thing to do sometimes. Definitely. Now, I guess as an attorney, that's probably something you advise your clients on sometimes, is that you've got to be able to say no before it gets too much out of control. Of course, yeah. You need to learn to identify the red flags along the way and avoid some of these problems. Before they become problems. That's right. And we were talking a little bit earlier that one of the areas that you have noticed that your clients have a particular challenge in, or some of them have the same kind of problem, is not documenting or not having a contract when they're trying to, I guess, close a deal or take advantage of an opportunity. How often do you see that? More often than I care to. I've had more than a few clients who have come to me with big problems that started because they got into some kind of business arrangement or business deal with someone without a written contract. Everyone's obligations were unclear. And then there was a dispute and inevitably they end up looking at lawyers. And sometimes memories aren't always the best. And sometimes people tend to remember what they want to remember or what they would prefer to remember. And just having it in writing is always, I guess, the most prudent thing to do. And that's something that you help clients with. Yes. We're going to be taking a break shortly. And when we come back, what I'd like to be able to do is get more specific. Now there's a component of your practice and because of your liquor commission days, I guess you've got particular experience with this. But, you know, restaurant and bar industry has a lot of rules and regulations. And there's some challenges and issues there that maybe we can talk a little bit about after we come back from break. Sure. All right. This is Business in Hawaii with Reg Baker. We're here today talking with Mia, who's got some real good experience in restaurant and bar industry. And we're going to go on short break. We'll be right back and we're going to dig down into that. Aloha. My name is Steven Phillip Katz. I'm a licensed marriage and family therapist and I'm the host of Shrink Rap Hawaii where I talk to other shrinks. Did you ever want to get your head shrunk? Well, this is the best place to come to pick one. I've been doing this. We must have 60 shows with a whole bunch of shrinks that you can look at. I'm here on Tuesdays at 3 o'clock every other Tuesday. I hope you are too. Aloha. This is Business in Hawaii with Reg Baker. Today I'm sitting with our guest, Mia Oceana. And we are talking a little bit about some of the legal issues in the restaurant and bar business. She has some experience working with the liquor commission and she's going to give us some of the do's and the don'ts and maybe some of the flags that people have to watch out for. Mia, what are some of the issues that you're currently dealing with in the restaurant and bar business? I mean, it's a fairly complicated area from a legal standpoint, isn't it? It is. And I think a lot of people get into the industry without understanding beforehand some of the issues that might come up along the way and they're constantly surprised by how often they're going to need the advice of a lawyer. Well, and what's interesting is not only do you have, if you've got food preparation, there's a whole set of rules related to that and this is on top of just general business. And then if you've got liquor, there's another whole set of rules and I see you have a couple of books here on some of the rules and it looks like there's probably a couple hundred pages there of different types of rules and regulations that people have to be familiar with. Yes, so there are two sets of rules that govern establishments that have a liquor license. There are the liquor laws of the state of Hawaii which covers the entire state from Hawaii to the big island. And then there are specific liquor rules for the city and county of Honolulu. So each county has their own liquor commission that has their own set of administrative rules that regulate each license establishment on that island. And I have heard that sometimes the rules of the liquor commissions on the different islands aren't always the same. That's true. They are not always the same. So that can lead to some confusion for licensees who have businesses on more than one island. You have to be knowledgeable of the rules for the island on what you're operating. Right, and that's just an additional layer of complexity. I mean, if you've got a restaurant that's located on different islands, not only do you have the challenges of managing a various or multiple office type operation with all the staff, but then there's also rules and regulations that are different depending upon that island. And so it just gets another layer of complexity. And how often do these rules and laws change? It depends. There is a rulemaking process that each commission needs to follow that's spelled out by the statewide statutes. And each commission will undertake a rule change or other amendments along the way during the year. But they don't tend to change that dramatically from year to year. Every once in a while, there's a big change. For example, this year, the Honolulu Liquor Commission got rid of what's called the stacking rule, which used to mean that you could only serve one drink to a customer at a time. They couldn't buy more than one. That used to only be true of what's called a concession. So for example, when you're at Aloha Stadium, you could buy more than one drink at a time. But now that applies equally across the board to restaurants and bars. So in other words, I can be a true two-fisted drinker if I want to be, and it's legal now. You could. Hey, what a deal. But even if they don't change that often, you need to stay on top of it.  And somebody has to be keeping an eye on it and let the owners know what is allowed or not allowed anymore. Definitely, definitely. Is that one of the services that you do?  If they're a client, says the law has changed, do you reach out and let them know some of these different things and how to react to it? Yes, I try to keep my clients surprised as to different rule changes, and not just rule changes but policy changes within the liquor commission. Do they tend, does the liquor commission tend to look at different elements of the rules and laws? Or, you know, for example, I'm knowledgeable a little bit with the IRS. And they tend to rotate their focus to different aspects of the code and the regulations, you know, as a point of focus. Does the liquor commission do the same thing? Do they rotate things around, or do they just kind of look at everything across the board? I think they take a pretty good look across the board at everything. And they focus on issues that they see as problem areas. The administration there is pretty good at identifying issues that become obstacles for certain types of licensees or other administrative problems along the way, because they see it all. I'm sure. What do you see, and from your experience, what are some of the big issues that if you had to pick maybe the top two or three that tend to trip people up the most, what do you think those would be? So one would be for operating establishments, being familiar with all of these little administrative rules that don't necessarily have anything to do with the way that they're operating, but have to do with the way that their business is governed. So for example, there are different business entities that you can form when you're running a business. There are incorporations, there are LLCs, there are partnerships, right? And each entity has their own set of rules. Even within the liquor commission, there are different rules that are applied to LLCs versus a corporation. Really? Wow. So if you're, for example, going to be adding a member, deleting a member, changing who are officers within your organization, you need to know that the liquor commission has to be apprised of it. And in certain instances, they're required to approve it before it happens. And so many businesses are not aware of that, and that becomes then a potential violation. So hypothetically, if I was a business, a restaurant that served liquor, and I wanted to bring in an investor to help me grow a little bit, take it to the next level, expand, whatever the reasons, and that investor wanted an equity. Maybe they weren't going to be involved in the business, but they wanted to have an equity interest in the business. Would that be the type of situation that you would have to take a look at to inform the liquor commission and maybe even get their permission? And it's a permission, not so much of having the investor, but approving the individual who is the investor. Is that right? Yes, it is. So again, depending on what type of entity the business is, you may or may not need advance approval from the liquor commission. You may simply need to inform them, but I'm always interested in who is becoming an equity shareholder in that entity, because by law, none of these shareholders or equity members can be a convicted felon, for example. That would automatically disqualify someone for a liquor license. And there are other restrictions that apply to the individuals. So that's something that you definitely need to take a look at. Right. If that person just wanted to lend money to that company and not take an equity position, then that would be less of an issue. Yes. Okay. So that's one of the issues. What are some of the others that you've encountered? The other big issue that I've seen happens when you're selling or transferring your business. If you're giving up your current location and because the liquor license is tied to the physical location of your business. So it's not with the person, it's with the physical location. Correct. So when you're transferring that business, I have seen it become an issue where two business owners will try to conduct the transfer themselves and they'll do it without any written agreements. And then they run into trouble not only with the business transaction but with the liquor commission side because the only person allowed to operate under the liquor license is the names licensee. If someone else comes in and operates under that liquor license, that's a violation. They could lose the license that way. So there are certain agreements and papers that need to be set up before the transfer takes place in order for that smooth transition of the business. You know, that makes a lot of sense.  And so you need to make sure that it's done correctly. And as we talked earlier, having a contract that's written actually can prevent a lot of problems from occurring down the road. That's right. So if there's any restaurant or bar out there that's got any thoughts about selling the business or bringing in an investor, they should be talking to you to make sure that it's done correctly. Definitely. I mean, it sounds like a simple proposition on its face, but when you get down to the details, it's very, very complicated. And it would be great if someone could navigate that on their own, but it's not a good idea. Inevitably, something will get missed and you really do need someone with some knowledge of not just the liquor rules, but the other applicable rules and laws to that transaction to step in and make sure that it's done correctly. Well, any sale of a business requires certain filings to be done, which is separate from the liquor commission. And a plug for CPAs, I guess, is also tax implications. So there's a lot of moving parts and they all got to be analyzed to make sure that they're all structured properly. Exactly. Yeah. Now, we've got probably about a minute left. Is there anything else that's like a big flag that you want to warn people about? I think anytime you're making any type of change in your business, whether it's a physical change to your premises, a staffing change, I think it's always just a good idea to run that by someone who has a working knowledge of all of the liquor rules and laws just to make sure that you're not running a foul of any of them. Right. You know, spending a little, you know, a few hundred or a thousand dollars in preventative medicine could save you a whole lot of tens of thousand dollars of fixing it later. It could save your business. Well, and that could be a lot more. So it's always prudent, I guess, to get that good advice. Yeah. Thank you, Mia. I appreciate you being on the show today. I think we probably have enough to talk about that we could fill another show about some of the other issues that go on in a restaurant and a bar environment that attorneys just need to be keeping an eye on. So maybe we'll have you come back again soon. This is Business in Hawaii with Reg Baker. We were here today talking about the Liquor Commission and some of the rules and regulations in that industry, and there was a lot of them, a lot of warning flags. We broadcast live every Thursday from 2 to 2.30. We'll see you next week. Until then, aloha.


Let us look at how we can find out the volume of annular object and like a cylinder that you can see here and annular object is a hollow object but there is some thickness to it and what we are interested in finding out is this volume of the thick part and as you can see this is a cylindrical annular object with a blue border showing the outer layer and the yellow border showing the inner layer of this object. If we look at individually the blue object is also a cylinder and if we just look at individually the yellow object is also a cylinder just that this is a larger cylinder and the yellow one is a smaller cylinder. In order to get the volume of the annular object that we see here which is a cylinder a hollow cylinder rather we can do it by finding out the volume of larger cylinder minus the volume of smaller cylinder. Now let's just take an example by assigning radii to the larger cylinder and the smaller cylinder. Let's say that the radius of the larger cylinder is 12 centimeter and the radii of the smaller cylinder be 5 centimeter and let's say the length of the cylinder or rather when you keep it upright it will be called as a height and let's say this length or height of the cylinder is 30 centimeter. Now to get the volume of this annular cylinder we can put in the values as follows. So the volume of the larger cylinder will be pi times 12 square times the length of the cylinder L which is 30 minus pi times 5 square times 30. Now what is this pi times 12 square and pi times 5 square? This is basically pi r square which is the surface area of the circular base or circular region for the larger cylinder and and a smaller cylinder respectively. Since the radii are 12 and 5 we have pi times 12 square and pi times pi square. Now we can take pi and 30 out of the bracket by writing 30 pi and we can write 12 square minus 5 square. This will be equal to 30 pi times 144 minus 25 and that gives us 119 pi times 30 which is 3570 pi centimeter cube and this is how we can find the volume of the annular cylinder. Now what if we had an annular sphere with the outer sphere and an inner sphere given that the radius of the outer sphere is say 10 centimeter and radius of the inner sphere being 6 centimeter. How can we find the volume of annular sphere? Again we will look at the larger sphere and the smaller sphere and the volume of the annular sphere would be volume of larger sphere minus the volume of smaller sphere with the given values. We will apply the volume of the sphere formula for the larger sphere which is 4 by 3 pi times radius cube. The radius is 10 so we will write 10 cube minus we will write 4 by 3 times pi times the smaller radius cube and the smaller radius is 6. In order to solve this we can take out 4 by 3 pi common out of the brackets and just compute 10 cube minus 6 cube. This gives us 4 by 3 pi times the cube of 10 is 1000 and cube of 6 is 216 and this gives us 4 by 3 pi times 784 and this basically is equal to 3136 pi by 3 and the unit will be centimeter cube and this is how we can find the volume of the annular objects like sphere and cylinders.


The Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. On one, Basil Chapman on this Tuesday, Tuesday the 22nd of Feb. And before we know it, February will be gone and we'll have to be looking at those February monthly charts. Let me just show you this because I had a couple of questions so let me just do this real quickly. The one-minute chart made a peak D in just a moment ago at about 9.52 and that was at 43.50, what was it, 43 somewhere in the 52 area, 53 area. Now pulling back to the 200-period moving average, look at the 200-period moving average. There's just been a fulcrum for this move up and down and up and down since about 9.00 and since just before the market opened. Look at the 100, look at the 10-minute chart, went to a peak D from below at 3 o'clock this morning of 42, I think this is where it went to 42.50 because peak A, peak B in the Chapman week methodology, you always like to see a buy signal get upgraded to a buy mode and that implies immediately that it should go to at least a D. It can go to four higher peaks but it can even go five higher peaks, six higher seven but most importantly that fourth highest peak D is where other things can happen and you can see that that high that was made at about six o'clock at about 43, give me the exact figure, the reason why I'm doing this is that it's really imperative there are a couple of things going on today, today especially, that I need to do about 10 to 6 this morning Eastern time, I was 43.50 and then it pulls back. Now some of you might have noticed on Sunday night and then it pulls back and it pops up to an E doji candle, now it's digesting these gains yet again. So that's just all I'm going to say is if there is a slide a little later in the day rather than a rally, they can get to the 43.70s and hold for a while so that you've got a nice up move for about, you need it for about 60 minutes to say no, this one is the one that's going to stick to the upside rather than 40 minutes to the downside going below. Oh I put it at about 43.06 right now which it sounds like you're at 43.40, what are you talking about? Those are the kinds of moves you've had that would say oh oh the pattern that I'm talking about now I can go through all the numbers. This this pattern that I'm talking about, let me go to the Dow, the H pattern, what we call the Dreaded H in the Chapman wave methodology, I'll just drag this to the side and show you. Come down, you always got three patterns that I'm looking for straight line up, straight line down, that's one, cup formation that's two, arch formation that's three, or a combo of one and two and one and three. One and three is red because if you take out this left side now you can get considerably lower, green with the move, straight up move and then a cup formation or a V-shaped formation that takes out the left side high could be very positive. So we call this the Dreaded H because if it comes down like it did right there, they move from the all-time high of 36,952 on the 5th of January down to 35,639, just four sessions later that are balanced to a peak A- because it failed and took out that left side low, look how sharp you can plunge and now we've got a much bigger one. There's a much greater implication here but at the same time, let me just explain a couple of things, I thought that there was a chance that we could go to the 200-period moving average, this yellow line, this is the daily, this is the weekly, this is the monthly, we could go to the 200-period moving average and then find enough support to have at least a balance. We didn't even have to make a P-D, we made a P-C at 35,824 but I said if we could get a little higher that's another opportunity to be shorting. Well it never went high, in fact it failed, that means that this lowercase h has the moment of the rollover momentum that accelerates, very often you get a very little, this little mini dreaded h right here, you get a one-to-one expansion to the downside and I said if the doubt today, let me just give you exactly what I said, a daily chart, there it is, so this is what I show my subscribers from opening call every day, oh no, why is it, oh that's because there's so much activity going on that it is kind of messing up the charts a little bit, alright here we go, slowly move it over, slowly, slowly, there you are, so what I see a doubt goes down minus 232 that was on Friday to 34,079 as the dreaded h rollover continued, thus far skipping the semblance of a second arch for the HDM pattern, if today there is a slide below 39800 that holds for more than 60 minutes, it threatens to accelerate toward the left side low of 33,150, the implication being somehow, some way more likely a really oversold bounce needs to unfold, the night said maybe Home Depot's good earnings today will help, oh yeah sure, Home Depot is down about 16 or 17 points, I guess it's the outlook, it's not that they didn't do fantastic for three quarters they've been doing very well, the VIX voluntary index must start to slide to allow at least a counter trend oversold market bounce, making this a really important moment for a test of residual strength, today instead of sliding triple digits yet again the doubt is able to stall the downside momentum and ready to a plus 40s and hold for 30 minutes or more, some form of relief finally will see an up close, well we're now down 178 in the doubt so that's kind of what we were looking at and I don't want to get just at the moment into the weekly and monthly charts, let's just go into the S&P because it has the same pattern, also with that H pattern, most importantly though I had a question about the monthly chart, well what are we looking at in the monthly chart, if this is a B, where could we go to the downside, what's the implication and what I've said is I have a B in the monthly chart, there's no other way I can count it, in the Chapman wave methodology a bicycle going to a by mode suggests there should be a D, doesn't tell you how high, but it does say there should be higher highs at least to make a leg C than a peak C and then a higher leg D in the peak D, well with that said the other thing is we've got a Chapman wave Roman, I am moving to the monthly, I guess I was going to wait for that but I want, we're moving to the monthly candle and that's a Chapman wave Roman candle right there, what is a Roman candle, it's where the price certainly at a high of any time frame opens up just fractionally goes higher, you want a tiny little wick, I prefer to see a little wick, sometimes you get no wick at all but I prefer to see a tiny little wick, that's where you like the fuse, why, because there's a sharp plunge to the downside and yet there's still that residual bind because it's near top that says it could close halfway to a third of the top leaving a long wick, the very next bar, I usually give it two bars although I prefer to see it as one bar because that's really, that's a clean measure of what we're looking at. If there is a close below halfway in a shorter time frame, so a shorter time frame I should go for a week but I said even on a daily basis if there's a close below and I said 44, 25 I think I said I've got to be careful because there could be a test of the low that was at 42, 22, 62 on November the January the 24th and look where we are right now and that suggests we will be taking out the future back. 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 markets open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis in our gear 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. What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market profile based scanner powered by its acclaimed TAS proprietary algorithms. This feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks, ETFs, commodities, futures and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen for a limited time. You can save $100 off your first month by using the promo code upgrade and you still get a 30 day money back guarantee. So you have nothing to risk level the playing field with the TAS Profile Scanner, which you can find under the services tab at TFNN.com. Sign up today. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis. And it's not just dry tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV. Live every market day from 8 30 a.m. to 4 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN Educating Investors. Call now toll free at 1-877-927-6648 internationally at<PHONE_NUMBER>. I vote for a back. So the S&P just went positive up a point, up two points. They get to do with positive a dollar at 340-240. And so this is what I'm looking at here. On a, if I do a measure of oversold in my own way, where I extremely oversold in many areas, oversold meaning that the rubber band to the downside has stretched so much that there could be a snapback.  No, it says it's a rubber band that has so much weight on it that it could bounce back, but it's going to do some testing of the bottom part again. So the questions come up and I'm going to try to deal with two questions at the same time. QQQ, up one, is it ready for a much greater balance? In other words, is this, are we getting to some kind of a low because I don't want to get into the whole geopolitical aspect, other than to say we've been talking about this for a long time, that Putin has a way of accelerating an idea that he has, and then suddenly the Western world notices, but he's already in whatever it is. And then he says, well, I'm going to really, really rate that. I'm just going to change a little bit. As he's doing that, he moves further into whatever it is. And then he says, OK, you know, I think we can do some negotiating. Meantime, he's already got a chunk of what he wants. So this whole idea of the two positions that he's included pushing into talking about protecting the Russian coalition within the Ukraine. I think he's already achieved a chunk of what he wants. It's a first step of a big step, but it's what he wanted to do. And the Westerns always is kind of absolutely mystified, really doesn't know what to do. Because when you get a bully, a bully always gets his or her way until people recognize it. And even then they continue, even when there's a compromise made, the bully is actually pretty much got a chunk. It just works that way in nature. OK, so that's the way I see it. So another question comes in, could the QQQs and you've got, let me go to ARKK. They just use this as a very generic example. ARKK innovation, because Kathy Wood. I don't think it's Wood's, it's Wood. Kathy Wood has positions and major, major companies of the big move up that went into the 2021, 2022 highs. And then some of them made highs in September or so of last year and have just been crushed. So the question is, wow, this is so oversold. And she's being looked at a scans now, although she was a hero before, is this where you suddenly get this counter drain move? Excuse me, I think we're really close. And I think ARKK at 66.93. Could it, could it have a bounce? Of course it could. Wait a minute, what if it bounces like for three days big, goes back to where it was three days ago? 70, it's at 65 right now, 65.91. Made a look today of 63.39. So we're reading two points higher, more. So that's what I'm saying. So the lowercase h can go to a lowercase m formation. So I don't think it's all done there. And in fact, I'm thinking hockey stick. I'm thinking that there's going to be some fantastic percentage bounces in some of these way, way over oversold NASDAQ type, they're not all NASDAQ, but NASDAQ type stocks. And a little later on, we'll start to see which ones are the ones that really have, have made lows that are significant and are going to move much stronger. And this is the, we're in this area right now. As I said, I thought February, going to the end of February, the beginning of March, it's kind of what I'm, or maybe sometime in March, is kind of what I'm looking at is some kind of a really tradable low. So the question came up. What about, what is it? S-A-R-K, is that a sock? Yeah. Yes. S-A-R-K. This is the inverted. This is called the Tuttle Capital Short. I don't know what the full title is, but they are basically short, Cathy Wood, Woods Innovation, Cathy Woods ETF. So I suspect this is kind of like almost like the VIX index right now. You see this little double top here. This thing made a high of 51.05 on the 28th of January. Pullback sharpening of 42s. Ready today all the way back to 51.74. Look at the VIX index. The VIX index had a move to the high that was made also around about the 28th of 32.04. Rates in Russian were mostly the first time I ever, including Russia in my VIX index. Volatility index and today the high was what? 32.04, the double top. So I suspect that we're getting to some kind of area where, now the question is, what was the question? Hi, Basil, if you had S-A-R-K, would you add to your position? How low do you think ARC can go? Well, let's just go back there. Because again, it's basically this is what a lot of people are asking me over the weekend. Where do you think certain areas can go? I think ARC, when this is done, in other words, this huge move down before we have a very real tradeable rally, I suspect that will go lower than one anticipated. But at the same time, it will be speed that's been generated downside and then V-shape turnaround. So my thinking is, the 57 area, today's low was 63. Lows are made very often you get that big percentage. That's where you get the last three days going into the low of a V-shaped serious bottom is where you get a huge percentage decline and sometimes it'll be 10, 12, 15 percent just going into the low and then you get the V-shape recovery and everybody's selling it through low. And the next thing you know, a couple of days later, it's above where everybody was selling.  So I think we're in the area. I think we're within seven points, 63 of the low today, within about five to seven points of a pretty serious low. And that's just a tradeable low. I don't think that's the low yet, but I think we're getting there for a balance. This could be an inch H to M pattern and then bad news again and we go down. It's this V-low. Now, if you have patience, I would say that if you've got Sark with you the short, this is on the next bounce in ARKK, you can allow for, maybe I would personally be taking a little bit off now and that little bit I would add, maybe in the 69 area, maybe if it gets to 69 for a bigger move to the downside, then the move up. In other words, whatever we move up, I think we're gonna accelerate down a bigger percentage or price movement. So that's kind of where I'm looking at it right now. Two things are going on that are really important. One is within the context, look, someone emailed me over the weekend and there was a really good question and said, oh, where is it? I don't have it in front of me. I thought I put it, I typed it up and I, no. That the SMHs constantly over the last couple of days have shown strength, even though the market then went down much greater. It actually, each time the market bounced, the SMH is 70 factors left. There are 3.44, there are 1.3%. 2.618.6 and I absolutely agree. I've been watching them very closely. They haven't gotten close to 29.46 level. I'll be back in a moment with lots to talk about. Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den trading room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows. Interact with other Tigers and Tigerses as they share trading ideas, news analysis and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money back guarantee and become part of the tfnn trading community, tfnn. Educating investors. You could be making money off the stock market and if you're already making money off the stock market you could be making a lot more. Check out tfnn and Tiger TV and get expert investing advice to give you the power to control your financial future.  You'll get advice and analysis to help you seriously get ahead. tfnn also features trading services with a 30-day money back guarantee for new subscribers as well as tfnn's Tiger Den trading room, trading software and educational webinars for all trading levels and make sure you check out Tiger TV for free on tfnn.com or tfnn's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. Eastern on market days. Stop watching on the sidelines while other people get rich and become the investor you were born to be. tfnn, educating investors. tfnn is excited about our new software charting program The Art of Timing the Trade Shards. In collaboration with Tom O'Brien and using his best-selling book The Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Shards allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Shards is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Shards today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Let's go back. So now we're looking at estimations of 4.34. With that, you see. The 200-period moving average, look at this, how incredible it's been in terms of support and resistance. And we're now trying to head towards the 200-period moving average in the day, which is at 270.79. This is about a point and a half or higher. So we'll see what happens at that particular stage. So will you be pumping Nvidia today? Question comes in. Watch for today to be a margin-called day for the public is something. Anyway, I don't know why you're saying pumping. Pumping, you mean mentioning? Yeah, I mentioned Nvidia a lot because it's a very important semiconductor pumping. Pumping Nvidia, I mean, negative Nvidia for since the double triple top to 318s. Doing about it in a negative way. And I said it's lagging. MU is a much better stock, new this MU coming back nicely to the app 281, which is micro technologies, advanced micro devices. I said, hey, forget about advanced micro devices. Think about ADM, which is Archie Daniels Midland Agricultural at 7710. It's up near the old-time highs. Yeah, I'd be very negative of the semiconductor index, wanting to short it for a while. We did try at some point. Yeah, this is, no, not at all. I think the semiconductors are telling us that there's something serious going on here. See what we're looking at? We're looking at the semiconductor shortage. We're looking at the geopolitical situation. We're looking at gold. Gold right now is holding really well. It's down a point at 1898. But, and I discuss this with my subscribers over the weekend in my market overview. I said gold is in play, but it hasn't broken out like people are saying that it's broken out. No, if you look at the monthly chart, it hasn't even closed sharply above the highs that remain back in 2021 in May and June in the 1920s. And right now it's at 1898 still underneath that. So when it breaks above that, when it starts to hit 1920, that's going to be a big deal. But we got to wait for that. But it is in play because it's part of the fear factor, the geopolitical fear factor. Gold is the icon of that. We're talking about icons of that because of the dollar. The DXY is holding very nicely down to Texas at 96.01. Hasn't broken down, hasn't broken up, but it's in that rectangle sideways pattern. Look at crude oil. Crude oil is up $1.23 at 91.46 made new recovery high, way above the 85.65 October 2018 high, which plunged to 761 April of 2020. And now it's run to a new recovery high. This is really important. The candles that we were looking at here say, you couldn't give it a little momentary pullback in crude oil, but now you hear about so many factors. Germany is, I don't know what they're going to do. I mean, Germany on one hand has to have this whole morality thing about Ukraine. On the other hand, there's a very practical need for oil coming in. There's a pipeline that's coming. Look, look, look, look at the natural gas, up 12 cents at 4.557 and hasn't broken out at all. But I'm watching this really, I was about to put in a buy for the natural gas today. And then I thought, this is just too mixed to market. I don't want to get caught up in an area that usually natural gas, this is the time the natural gas makes its high for the season within this period, in the six week period. I don't want to get caught up in that. But at the same time, I think that this is politically, you're looking at what happens with pipelines, you're looking at what happens with crude oil, you're looking at a whole bunch of things, and you're looking at ships, you're looking at shipping, let's just have a look, DSX. Look, Diane's shipping, up made a peak D on Friday. This is telling us that, yep, the shipping area is, there's still an issue with shipping. It hasn't gone to the high that was made up in the sixes about five months ago, but yeah, it's still in play. So I just want to be really careful right here because oversold means that you, doesn't mean you turn around automatically and get a bicycle, it means that you've got to start working off that oversold condition with opportunities that are happening in the areas that affect what's creating this vortex of selling that just keeps going down. And what we're really looking at here is, look, RTH, the retail index, generated H pattern, then effect is retail ETF goes to almost $200 back in November or so of 2021, plunges to the 170s and now is at 181. XRT, and this is with Amazon at 20%, without Amazon is 20%, it's a much worse technical picture. Look at this, you go from a high of just over 100 down to the 75s, bounce a little bit to 82, and now you're at 77, and look at this, very interesting. Macy's has very good earnings, et cetera, just like Home Depot, except look, Macy's spikes up to a leg C, it's a lousy chart pattern in the weekly, but the data is not bad. And yet Home Depot, oops, Home Depot, also with really, really, really good earnings, maybe the outlooks change has a little bit of a plunge down almost 6% down 20 points at 326. This is a low, low, and this is just telling me that this market is fraught with three things. Three things, it's fraught with geopolitical tension. It's fraught with, I'd say geopolitical, but just as called economic, because I want to deal with the United States, economic uncertainty, remember the market, handles uncertainty every day, what it hates is uncertainty about uncertainty. That's exactly where we are right now. And this in fact turns out to be a new leg D, yep, a new leg D to the downside in the H in Home Depot underneath the 200-period moving average. I have to respect this as I'm now gonna go to the monthly charts. And that was the question a lot of people asked me over the weekend. So there's a question saying, can you please help me understand why is the Fed taking so long to take action, raise rates or to do something? They're always thinking and reviewing and commenting, but nothing gets done. The stock market is suffering from this indecision. Why does the stock market, and also why does the stock market make a big deal about the raising of rates? If the interest rates is raised from 0.25, quarter percent to 1.5% in the US time, it is still a low interest rate compared to other countries where companies pay five or 6% annually. So many companies in third world nations pay more money and interest than the United States and they still keep producing and growing. With the recent collapse of stocks between 30 and 60% in two months, makes me think that the United States companies are unable to make a profit without free money, which does not make sense. I understand that some companies could have a difficult economic crisis. Some companies could have difficult economic situation due to different factors, but not so many. The US is not truly experienced an economic crisis since the Great Depression. That is the type of economic crisis that occurred in the 1920s. Yes, the 2008, 2009 debacle actually said, they've called it the Great Recession. I think that that's a better term, the Great Recession. My impression is that as we move on, at some point, we'll get something that replicates to a great extent. I just don't think we're there yet. I hate to be there if they kept running up without stopping. Now we've got this huge hiatus. I think it's a perpetuation of another movie. That's it. Oh, if you're wrong, that's the way I see it. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at<PHONE_NUMBER> or email us at tiger at TFNN.com. That's<PHONE_NUMBER>, call us today. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the technology insider, is designed to give you all the information you need 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 it 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 the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Foresight Fund Services, LLC. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com, then hit Watch Tiger TV. That's TFNN.com, then hit Watch Tiger TV. You remember Big D, the fourth eye speaking in the shadow wave? One minute short, made that Big D right there at 9.55 this morning, Eastern Time. I had 43.56.50 and that was 9.55. Then it comes back down, holds the 200 period exponential moving average and it's right back and goes to a high of 43.58.75 at 10.31. Big D, the very next bar is confirmed, goes back to the 200 period moving average when it does it after a cup formation, you had better watch this closely because this 200 period moving average, instead of being a propellant to support, could become a repellent if all of a sudden you're looking at 43.28. And I don't like what I'm seeing right now in the market, I see it camps and rallying, but it's very much a struggle. Okay, so now let me do a couple of other things. I wanted to just go, we haven't finished the TLT. It is so important that the TLT, which is at 137.82, the ISHA's 20th Treasury Bond ETF, in the, look, we just saw exactly this pattern right here in the weekly chart that was the 10 minute chart of the E-mini, but you went to a double top 152.72 back in July, August of last year, pulls back to the 141 area, rallies to where 155.12 leg F, pulls back and then breaks the key support level. Let's just see, let's have a look at this 10 minute chart here. Remember chart patterns is all what we're about here. Look, there it is, there it is. Yep, there it is. That's the 10 minute chart. Now we're going to be watching the, sorry, that's the one minute chart. Yes, the 10 minute chart. I'll just, I'll drag it across so you can see the whole thing. And as it's making that leg F and pulling back, the MAG-D went positive, briefly announced down, the sarcastic's now under 80% to 77, unbalanced volume's very weak. This is a really important moment because if it starts to take out 43.22, the 200-period moving average in the 10 minute chart, wow, I think we can go, we can accelerate lower. So at this particular point, it's really important for anyone who's bullish to see some kind of a balance of the 43, 42 area or higher really quickly. Okay, let's get back to, I'm already talking about chart patterns. I'm not jumping around from the very near term to the weekly and monthly for nothing. It's to show chart patterns. Let's go back to what we were looking at. TLT, 155.12, the week of the 3rd of December of 2021 makes the A pattern of Eiffel Tower straight up, straight down pattern and comes back sharply. Is this going to make the due to date to test the 133.19 area? I think yes, I think it will. The monthly low so far is 134.98. So it's not a big deal to go point to point a half, even two points lower, but it will be a big deal if it closes on a monthly basis below 13, if it closes below 132, I think those rates are going to be a big issue. And look at this, T and X dot X, there we go. Look at that. You made your peak D, but you're holding very well. What does this chart look like? Doesn't it look very much like the, no, that's not the one. Yeah, it doesn't look like the chart of Chevron. Look, pulls back, pulls back, makes the top and then pulls back. Yet the monthly chart, the weekly chart is still very positive. So this can have a digestive phase. So I'm saying that watch this closely because the TLT in patterns at the bottom and the TBT at the top, it has the pattern that we're looking at where you made a peak a couple of days ago and you're pulling back, but the weekly charts are still holding very, very well. And that just says, keep in mind that higher rates look to be inevitable at this particular point in the interim, you could have some kind of a bounce in the bonds so that yields can come down, but it really looks like higher highs and higher lows at this particular point. That can change, but it hasn't changed yet. It will change if the TBT, the Lehman Ultra Short 28 T1 ETF, starts to trade under 1850, especially if it hits the 200 B removing average of 18, that'll be a big deal. That'll say, uh-oh, now yields can actually pull back quite a bit more and we'll be watching that. So the question is, let me just do this one more time. Now, you didn't miss my analysis of the S&P. I did, I started, but I wanted to do it in a very organized way that says, every aspect of what I'm looking at in the Chapman-Roman candle at the high, that's the Dell, so you wanted the S&P. The Dell is also almost the same pattern, but slightly different configuration. It says that we should be testing if the 40 to 60, 14 period exponential moving average does not hold support, we'll have a very quick run down to the 42, 22 low of November the 24th. Does it mean that it could go lower? Or does that mean that's all it'll do? No, it says, this is the first, look, we've had since the low of March 2020 at 21.91, this is the first really strong price move that we've had. We had one correction where it went to the high of 35.88 in September of 2020, then it pulled back for one bar, hell the low, and then moved on. That was just two bars of two months of a consolidation. That's different to the two months consolidation from the high of 33.93 in February of 2020, going down to the low of March, just the next month at 21.91 and 35% correction. But my contention also is that with a 35% correction just two years ago, actually it's a little less than two years, I'd be surprised if we get another 35% correction in this timeframe, we could do it in sectors, yes, but I'm talking about the S&P, but let's just set that aside. It says, based on a weekly chart of the close on Friday, there's a really, really good chance that we're gonna test 42.22. I hope that answers the question there. Now, I know your big question is, do I still call this leg B? I don't have any choice. Can it fail in the history of doing this and going through daily charts and monthly charts from 1920, bar by bar? I can't recall ever seeing a PB failure. A D, E, F, G even, yep, but not a B. And there's only one way I can count it. So all I can say is, does it tell you where you can go to? You can go all the way down to the 4100s from 21.91 down to 4100 after eating 48.18. That's not impossible. Do I still expect that somehow, that we will go to a higher highs? At this point, everything points to the fact that that's the way I would expect it, based on the Chapman Wave methodology. So I hope I answered the question. The question is, can you see a deeper percentage correction from here? And the answer is yes. And it will still be a PB in February, which looks almost impossible. We've got less than a week to go. When's the end of February, 28th is Monday. So we've got less than a week to go. The answer is yes. And the answer is I just don't know on a percentage basis where it can go, because it's the S&P 500. If you're looking at the Dow, you can see the effect of one stock in the Dow 30, was really two stocks today. Boeing is also part of this. But you've got a couple of nice moves to the upside today. And I'm really saying to you that when the mix of the Dow starts to correct itself, there are enough stocks in the Dow. The makeup of the Dow says, yep, it could go still higher. But I'm waiting for this to go. I don't want to think higher until we know where we're going to come through the downside. And we haven't got clues to that just yet. I do say end of February, beginning of March, is where I'm going to be looking to see where are the key support there. That was 266. We'll be back. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure. But you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis. And it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. You might think that if you want to be successful at trading in the 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 direction on 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.  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.  The Tiger First Mortgage Program may be the program for you. The best rate on a five-year CD in the country right now, according to bankrate.com, is paying 1% per year or $1,000 per a $100,000 invested. The Tiger First Mortgage Program pays 7% per year, paid monthly, on secured, high-value, buildable properties in St. Petersburg, Florida. The investment is for four years, paying 7% per year or $7,000 per a $100,000 invested. Your investment is secured by high-value real estate in St. Petersburg, Florida. Your investment can be anywhere from $100,000 to $500,000. Do you want to make $1,000 per year on $100,000 invested or $7,000 per year on a secured Tiger First Mortgage? The Tiger First Mortgage Program may be just the program for you. The Tiger First Mortgage Program pays 7% per year, paid monthly. For more information, you can call<PHONE_NUMBER>. That's<PHONE_NUMBER>. 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. Hello, so let's just cover a couple of questions that I got and that I haven't done. So Pfizer, question about Pfizer. This is Pfizer Farmer, huge big farmer, big farmer. 47.97 down 56 right now, touching the 200 period exponential moving average. I think it could be close to a balance, but I don't like the pattern at all. The monthly chart is at a peak E ahead. It had that exact, remember I drew this in a long time ago when everyone was looking at the biotechs and the farmers. And I see there's a one-to-one from that peak D top that was made back in 2018. Pull back sharply and then the extension would take you and I said right there to about the 62 area. And what did it do? It hit 61.71 back in, I think it was November, December of 2021, peak F in the day and then pull back sharply. I think there's a problem here. And I would say that at the moment it would not be the area that I would want to be and even looking at an intermediate term, I'd like to see it, it's a great company. I don't think this is the area to be in right now and 45, 652 level in the monthly chart, the 14 period expansion moving average. Let's see how that holds. Myrna is the same thing. Myrna is Moderna, Cambridge based biotech. And if they move, I saw one of the facilities, I think was in Malwood, I think. Anyway, Moderna, Eng or Denim. Moderna, Eng, Biotech, COVID, other areas. Peak F top at 97.49. Whoa, look at this, it's plunged all the way down. No, I think you can have bounces, but as more intermediate term, I just don't think this is an area that I'd be, if that's an answer that you're looking for, what should I do? I say trade, yeah, if you want trade, I would actually avoid these stocks. They're very highly vulnerable. Okay, let's just do this on the day. You start to see selling pressure yet again. On the day, the fixed index at 29.27, you've instead of trading in the 28.90s or lower, at off to 233. If this selling continues, I think you'll accelerate to the close. Be careful, you don't want to see the fixed index at the high of the day of 3204, breaking to the 30th, hence, the higher. Have a wonderful day. Check out both Nicole and my dating newsletter. Building wealth trading in the stock market seems impossible.


We humans are creatures of habit. We tend to do things the same way and have just we fall into these rhythms these ways of doing things and and Perception is really no different when we we look at the process perception in the way that we approach perception They're not that different. We do have some common tendencies in perception that are observable among humans so let's talk about some of these and why it might be important for us to kind of avoid these tendencies and So some of the common tendencies in perception first of all start with the snap judgments that we tend to Want to you know, this is part of probably our fight-or-flight response We tend to want to make a decision very quickly when we see something We feel like we have to know it. We have to understand it. We have to interpret it immediately And sometimes that's not always, you know The the right thing to do that can be very helpful and it can give us some good information but we also need to make sure we're taking in appropriate levels of context and Understanding that perhaps maybe we're not seeing the whole picture and there's some other things happening behind the scenes or where it happened before We saw it or that you know, whatever the it's okay to have an impression to gain that impression But we want to avoid the that getting that cemented in too far with a snap judgment in perception Allow for alternative possibilities as well We also have a tendency to lean very heavily and hang on to first impressions first impressions are very powerful And it's that's good for us to remember do is communicators that first impressions are important that people pay attention to them that We want to make sure that we're doing what we came to make a good impression on the first impression in particular Because though people tend to hold on to those probably longer than we should we need to be aware of that and and be willing to allow our perception of a person or a situation or or anything evolve over time and Take in more information as we get more data. We need to take that into account and realize that our first impression isn't always Accurate for the positive or the negative. You know, sometimes our first impressions that we hold on to Need to be loosened up a little bit So gather that information at first but be willing to allow other new information in as well to affect our perception as We get to know that that person that situation that environment more and more We also have a tendency to be more charitable than ourselves to ourselves than we do to others If you fail a test in your class, it's probably because the teacher was too hard and the questions were unfair Somebody else fell as a quiz or test It's probably because they didn't study well enough or they didn't put in the work, right? We tend to be easier on ourselves than we do to others It's a natural inclination and there's you know, it's nothing evil about it But we need to be aware of that that we need to try and you know Be honest with ourselves and also be maybe a little more charitable to others in that regard We're very much influenced by our expectations when we walk into a situation or meet a person We are influenced by our expectations. This is why and you know for one example A lot of people are so disappointed when they meet celebrities They meet their their celebrity heroes or whatever because they're not necessarily the same person that they expect They've built this person up in their mind or the situation you try you get your dream job And it's not exactly what you thought it was going to be When I was young I wanted to be a DJ radio DJ because I love music and I thought How cool is it to be a DJ just pick all the music all day and you just go in and it's awesome You just listen to music and play music all day and that's that's the greatest job in the world Later on when I actually got to work in radio. It was a great job But I got to pick zero music first of all that was all directed by the program director I didn't get to pick any of that It was a lot of making sure this commercial played and recording this commercial during that song playing it It just wasn't what I expected. It was a wonderful experience and enjoyed it But I was influenced by my expectations when we get that with different situations and people We need to be aware of that and guard against that and and temper our expectations so that we can take things as they are Not necessarily how we want them to be or expect them to be We're also influenced by the obvious one of the best examples I know for this is when I was a kid on the playground lots of times at resources in school I would get mad because I would get in trouble, you know, the teacher would look over and they would see us get scrapping or whatever And they would I would get in trouble and I would be like, but this kid started it. They started it You didn't see the beginning of it. Well, that's not their fault. They saw what they saw They saw they turned around when they heard some commotion and and the next thing they saw was me smacking some kid in the head Right. So that's what's obvious. That's what they were influenced by They didn't see all the name calling and the kicking not that that excuses it But all the stuff that happened before that and so they're not going to be influenced by that We were influenced by what's right in front of us and by what's big and bright and loud and so forth And so we need to be aware of that tendency and again kind of guard against that Just because it's obvious doesn't make it the most important or the most accurate piece of information Finally, we assume others to be like us. There's that's a natural tendency and communication in general But certainly in perception We just assume that everybody's like us everybody in their right mind, right? Why would they not be because we're in our right mind? So they must agree as well So we just make assumptions about about people and about their positions and so forth Um, I remember when I was a younger as well one of my best friends growing up I got an invitation to go with his family to chicago, which was You know three four hours for us and it was a big city We're from a small town that's a big city, but and I was like, yeah, that's great I'll go and and but I was used to being in the car for long periods of time My grandparents lived probably eight hours away from us in either direction And so we regularly were in the car for eight hours or we would drive for eight to 12 hours on vacation I was in the car all the time. So going three four hours was nothing to me But they packed like it was the apocalypse They weren't used to going further than like the 20 minutes to the next town over for groceries So for them going that three hours, especially in a big city like chicago was a huge undertaking and a big deal I just assumed that everybody was used to traveling like I was and that was a good lesson for me to understand that Oh, wow, life's not the same for everybody We all have different tendencies and different different things that we're used to and and so It shouldn't just assume that everybody else has the same perspective or the same Experiences that I do So we need to keep that in mind in perception too that you can't just make assumptions and assume that everybody Is like us or is on the same page as us. We need to to have to be aware of that So most importantly and all these things is that we need to break the cycle We need to Break away from these tendencies be aware of them so we can guard against them And then open ourselves up to the possibility of other things within those perception That'll make us within those perceptions that we have that'll make us much more effective communicators much more empathetic to other people and much more able to process situations and And behave appropriately and effectively communicate that way when those situations come up If you have questions about about any of this about perception in general about our tendencies and perception Please feel free to email me. I'd love to hear from you that way In the meantime, I hope that you will be more aware of these things and and guard against them So that you see things maybe a little more in the way that other people are seeing things and not Leap to automatic conclusions when we come up against things and that involve different perceptions


Today, I want to show you how great design can give people superpowers. But to truly appreciate great design, let's start with an example of not-so-great design. This machine in Stockholm does just one thing. It sells you a train ticket to the airport. But look at how complicated it is. Yeah, seriously. Why do we build such confusing objects that enfeeble, infuriate, and frustrate us when we have the potential to make things that empower, amuse, and delight? This machine in Oslo does exactly the same thing. But just look at how different it is. To buy a train ticket to the airport, I simply take my credit card, I swipe it through this machine, and I walk on the train. And do you know what this machine makes me feel like? It makes me feel like Superman. I just walk up to it, swipe my card, and I walk on the train. That's amazing. That's great design. Great design empowers, amuses, and delights. It makes the technology invisible and the experience indistinguishable from magic. I call this the Superman Effect. And this month, in under 24 hours, I created a demonstration of the Superman Effect at a hack day in Cannes. And it subsequently won the hack day. It's called Grab Magic, and I want to show it to you now. So, imagine that you're sitting at home on your couch and you're watching television. Now, that screen over there is my TV screen. And this small screen over here is showing you what's on the screen of my phone. So I'm just going to wave at my TV so that it knows that I'm here. So I'm going to say, hi TV, I'm here. And when something interesting comes on, I just reach out and I hold it in my hand and I transfer it to my phone. And then I can share it with my friends. For example, I can tweet it. So it's that simple. Let me show it to you again. There's something interesting. I reach out and I grab it and boom. Or sometimes it doesn't work so well. So let me just do that again. We can edit that bit out too. So I'm just going to say, hi TV, I'm here. How are you? And there's something interesting. I reach out, I grab it, I hold it in my hand and boom, it's on my phone. That is magic. Let me show you how it works. So connect it to my television is an Xbox Connect, this thing. And among other sensors, it has a depth sensing camera that can see in three dimensions. So this is what my connect sees. This is what my television is seeing. There I am. When I wave my hand at it, it knows that I'm there and it can start tracking my hand. And when I put my hand towards the screen, when I reach forward, that's what it has, that's what it registers as a grab. And then it tells my phone wirelessly which frame, which image was grabbed. From there on, thank you. From there on, my phone is just waiting for that tap. When I tap it, it shows me the image that was grabbed. As a whole, it's a seamless natural interface. I just reach forward, grab what I want, and I transfer it to my phone. It feels like magic. It feels like I have a superpower. And that is the power that we have as designers. The power to change the world and improve people's lives by making things that give them superpowers. Things that empower, amuse, and delight. Things that make the technology invisible and create experiences that are indistinguishable from magic. Thank you.


Here we are panning across the Kleinman-Low Nebula 1,300 light-years away at the heart of the Orion molecular cloud. It is the most active star-forming region in Orion. Cloaked in dust, the stars of Kleinman-Low are only visible in infrared light. Decades ago, researchers found two stars, labeled BN and I, traveling at high speeds in opposite directions. They traced both stars back 540 years to the same location. This suggested that they were part of a multiple-star system, but the duo's combined energy, which is propelling them outward, didn't add up. The researchers reasoned that there must be at least one other star that took kinetic energy from the other two. While searching for rogue planets and brown dwarfs among the turbulence, astronomers have found a star, labeled X, moving at an unusually high speed, about 200,000 kilometers per hour. That's almost 30 times the speed of most Orion stars. It's thought that this star might be the missing piece of the star system. If this is the missing star, it might shed light on just what caused the three-star system to break apart in the first place in the year 1477.


This paper presents a method for detecting road manhole covers using a stereo depth camera and the MG Biolo model, achieving an impressive accuracy of 96.6% and increasing mean average precision, MAP, by 15.6%, making it highly suitable for deployment on in-vehicle embedded devices, contributing to the reduction of accidents and enhanced driving comfort. This article was authored by Deng Feng Pang, Ji Wei Guan, Daoluo, and others.