The Tom O'Brien show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Hey, Robert, how you doing, man? Yeah, good. Thank you for taking my call. I wanted to let you know that I've been a subscriber for a couple years, just different members of your team.  I'm a small business owner, primary bedbreak winner for my family, and if I can get that money, it's going to really lead a lot to my family. So, thank you for taking the time to do that. No, listen, man, we appreciate you growling and prowling with us. Now, Tom O'Brien. Folks, this is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the Internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day. Safe day. It's a TGIF, folks. It's a long weekend. Happy Memorial Day out there. Let's make it a great one, folks. Always do your best. Take action on your ideas. This is a dynamite card, folks. Doing your best means to take action on your ideas. You're going to have many great ideas in your head, but without action upon that idea. There'll be no manifestation, no results, and no reward. Market-wise, let's take a look at it out here. We have the Dow Industrial Trade in up 360. We have Nasdaq up 289. S&P's up 58. Gold. Gold contract up $1.90 traded in 1964 and ounce. We have Silver up 50 cents. $23.41 announced. Late sweet crude up 95 cents. $72.78 a barrel, notes and bonds. A 10-year note. Down 4 ticks trade in 112.16, the 30-year. Up 11 at 125.28, and King dollar. King dollar trading down 53 ticks. 104.198. The year is at 107. The end is at 140. And the British pound is at 124.01 US dollar. Our phone number is<PHONE_NUMBER>. Give us a call, folks. Want to know what's going on in your world. In the world of the S&P's, let's take a look at them. So, you got a higher market today inside the S&P. You have a contraction of volume. You're going after the highs. You know, I believe we just took it out. The high that we're talking about here, let's see. So, we hit 4266. It's 4, yeah, we just did. And it's 42072. Well, we haven't taken it out. It's 42072. That baby there has 100 million shares. We're going to do about 65, 70 maybe. But the bottom line is that holiday, they're going to run into the close. That being said, I want to show you this for Tuesday. Because I suspect we're going to pull back just down. It's not a big pullback, but I want to show you this here. I don't think this is going to happen today.  See this right here? That's the last time that we had anything happening on the upside. And so it's been running since 4187. So you got what? You got 33 points higher with no juice. And then you actually did, when you pulled back just a bit, you got a little expansion of volume on the way down. But the holiday weekend bottom line, folks, is that Memorial Day, Fourth of July, Market State, they love to run. We go into the NDX100. And this one, you know, this is pretty amazing how the cues have actually run. Because it seemed two days ago that that swing point that we were saying that it wants to go after was a long way away. Well, at two days up the cues just went up 18 points, and it's only 23 more points up to that swing point. And if you take a look at this, you know, we took out the swing. You took it out with volume. So this is game. That's game up at that 371. And right now you're at 349. Gold. We go go to the gold contract. We take a look at the gold contract. The gold contract is a confirmed ABC structure on the way down in 1903. You know, there's just, you know, it's up $1.40 today, but the bottom line is that in 1903, folks, is down where it came off the lows the last time. Because you can't remember what happens is that we're in a different contract right now. We're trading the August contract. So that's where you did have strength coming off the bottom. I expect we're going to get down there. If we go to the XAU and the HUI, you've got to take a look at the last time that there we go. You're going to see the numbers that we were looking at, you know, the XAU first off blew by the top of it. And you can see that was the last big day with volume. So the top of that and the XAU is 128. The bottom is 116. So we're going after 116 now. That's how this thing is shaking out. And in fact, one second, let me look. So that's 25. No, that's good. It's not an ABC down either. Because when we did break 22 million versus 19. Okay, so when we broke on Tuesday, you know, we had the wide price spread, but it didn't break on volume. So the next move would be down to the lower end of that. We go to the Gold Bugs Index. That was a little bit stronger. We take a look at the Gold Bugs Index. Get that volume in there. Same setup. Yeah, it's into it. It's into it. And let me just check this first. So 17 million versus 12. Good. The same deal. So that's not an ABC down either. But with the HUI, I forget, I suspect the HUI were 239. The top of that bar was 244. The bottom of that bar is 229. So 229 is game. We go to the GDX and we take a look at the GDX out here. GDX broke. Yeah, they didn't break with volume either. But the bottom of that bar, same bar. You can see how these high volume bars, folks, you know, they can really give us some guidance. And on the GDX, the bottom of that bar that we're talking about, already eight into the top of it, the bottom is 2976. And I expect we're going to get there. Now, what's cool is that you can see as you're coming down there, it's contracting. And that's exactly what you want to see.  And then what you want to see is a rejection of lower price. We go take a look at the 10-year out here. And the Notenbaum market, folks, is getting pretty tricky right now. Because it looked like, to me, that it was going to bounce. And what ended up happening yesterday, was it yesterday? So it was actually, we broke. We broke with volume in. So it's like, okay, you're going to try to get into this 111.20 area. Right now you're at 112.05. And then if we get over to Kingdala, Kingdala still wants higher price. So this is going to get intriguing to watch how this works. What Kingdala did do out here today, it rejected lower price, but it didn't go anywhere. It rejected 103.848. Right now you're 104.199. Stay right there, folks. Come right back. We have the Dow. Dow Industries right now trading up 3.45. Now it's like up 2.96. S&P's up 58. We're going to come right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, Forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, also gain instant access to Teddy's 60-minute Webinar Archive, he just hosted Forex Strategies and Fundamentals What is Behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN Educating Investors. 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. Get Tom O'Brien's 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. Toll Free at 1-877-927-6648 internationally at<PHONE_NUMBER> Welcome back, folks, to the Dow. The Dow industry is trading up by $359. As of $299, SAPs are up $60. Let's go take a look at Mar-Bell out here. Mar-Bell is testing its lows. So the low for the year is $14. The high is $21. It's trading $15.43. At this level, it pays a dividend of 7.19%. Put this against... Yeah, so you're going against the lows, and you do have a contraction of volume. So what you need now is a rejection of lower price. So last time we were down here, Mar-Bell got to $14.46, had 1.1 billion shares, almost 1.2, and right now you're only at $700 million. So that's what you want to see. Now you need a rejection of lower price. We're still laying right there. And then if we go to them, the question was then we got to go to Amazon, AMZN, and with the question was Amazon, I believe we had a large ABC structure on the way down, and the tiger wants to know how... what is the setup and correlation of that? Let me just look at this for a second. Okay, so I remember that's... there's a break. I remember the break. Is that the break? Not quite sure. Maybe it's on a weekly. One second, let me put this on a weekly. I think it was a monthly. Well, right now on a weekly, you're coming into there's some flak on Amazon at the $1.21 area. Well, right where we are, $1.22. You can see this. We had volume there of $528 million, and you're coming into that with $343. And then let's go to... Now, this is really intriguing too. This is one of the targets. What about the aspect of the Nikkei? Look at this, folks, okay? You talk about, you know, we're going to be... You know what's so intriguing about this? We've been hearing more and more about Japan, and when you look at this chart, I can see why you're hearing more and more about Japan. So watch this. I'm going to put a 50-year quarterly chart up, and this is wild. So the all-time high in Japan is $38,000. Well, Japan's at $30,000. $30,000, folks, okay? From $6,700. Oh, from $7,000. $7,000 in 2008. This is quite a move. And, you know, it's wild. What year was this? This was... Yeah, because what happened is that Tommy actually went to... You know, they do those... You go to different schools. Tommy took Japanese for six years, and then went to school over there for three or four weeks, and he stayed with a family. And I think it was right around that time, actually, because everything was booming. That's the real bottom line. So the tiger wants to look at the Toyota, the TM. And now this is the ADR and the U.S. The low is $130, the high is $170. I like the setup, because what you have here is this. Watch, if I put this on the weekly, it looks to me, you're going to see this right there. Line this up. The last time we had volume on the way down happens to be $160. Is it $160? Man, I got $155. $155 right there. So you have... And you can see a couple months ago, there's this monthly... This is a weekly. You went up with volume. You pull back with light volume. I suspect that's where this thing wants to run up to. That's how that seems to be set up right now. So... And the next time Toyota, they probably only come up with numbers twice a year. Let's see what they do. August 4th. August 4th. They're looking to do... They're still growing by 2.5% a year. This is probably in yen, but 38 trillion yen. Trillion. You better be good math over there if you start talking yen, folks. Okay, no doubt about that. Let's go inside the NDX100, because it was Marvell technology that's putting the juice inside the NDX today. Yesterday you had NVIDIA. Today Marvell. Look at this. Marvell is up 31%. Pendouardu is up 18%. Broadcom's up 11%. Workday's up 9%. Taken away from it, O'Reilly Auto Motor's down 1%. That's about it. We go to Marvell. Take a look at Marvell. This is a 52-week high. Blowout scene again. Let's just see on the aspect of where this has been. Oh, I see this has been a dog. This is a little bit different than... Well, now NVIDIA took a big hit too. Now the all-time high in Marvell is 98%. It's still only at 65%. But what a month Marvell had. Now there's a break of a downtrend. There's no doubt about that. So what you do want to do is that on any type of pullback, you want to be looking at Marvell in a monster way. Because that is a side of straight. Side of straight, there's wide-priced, spread-accelerated volume. And that's about as good as you can get. And one month it just took back... It took back about a year. They can go just like that. Some of the other higher volume equities that we have... Well, let's go see first. Let's suspect... So in the NYSE, it's going to be low. We have 436, which makes sense. And the composite, you're at 3.5. That's going to be low too. That totally makes sense though, going into a holiday weekend. We go into the higher volume equities here, SPX. Okay, you get Tesla up $11. You get Nvidia up another $10. You have Microsoft up $6.9. Facebook's up $8.9. There's big numbers out here, man. We go to Metta. Take a look at Metta. This has been a one-way moonshot. Now, this is coming right into some heavy flak here, for sure. I mean, this is where it got destroyed on the way down. And you're approaching... You're just approaching at .618. Hey, we'll see where this thing goes, man. When tech flies, though, you get its flies. Hey, don't forget, folks, okay? I'm Emma, Mr. Tim Ord. Come over to our website at TFNN. If you listened to the show yesterday, you can see the type of different indicators that Tim uses to look for market turns. He's going to be doing a workshop for all the targets and targets that's coming up on June 8th and 15th. All the information is on the front page of TFNN. And if you didn't catch the show yesterday, I'd encourage you to catch that show yesterday, folks, because, well, first off, I had my grandson on Tommy at the first segment. And then Tim was on for the whole full show. So you can kind of see... No, you can see the different indicators they actually use and how you can use them in order to basically get a better understanding of how this market moves. Stay right there, folks. Come right back. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven in hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. Training 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. 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In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other tigers and tigers as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach.  Let's take a look at what I was doing that the question is, is that the larger ABC structure that we're talking about on the way down, okay, so let's bring this up because it is still here, but I want to show you something. It's like, okay, okay, so if you take a look at this on the monthly basis, what we had here is that you had confirmed ABC structure down and your price projection was 313 and we hit 348. So what happens here is this, is that your B, your C point is all the way up here to, you know, four, we're right at it, 421? No, my God, 431.   Meaning it's turning into a complex one, that's for sure, if that's what's going on. You know, like right here, when I look at this right here, the S&P is still having a hard time holding this whole area, you know, so if we take a look at this, you're going to see that, you know, we've been consolidating for quite some time, we haven't got in the larger range, you know, so when I look at this, it's like, okay, no, this bottom still wants to be hit, you know, not the very bottom, like right now, if I just look at this, where we are, eight weeks ago, to me still wants to be hit, see that just sticking out so heavily, see that, that low is sticking out so heavily, you know, we'll see, but I suspect first, first this upper level is going to get hit, and that upper level is still 10 points away, and that's going to be all about the MDX100, you know, you've heard me say it a million times, man, the MDX100 takes you up and takes you down, and it never ends, you know the thing that's amazing is that chips, there's no doubt chips turn into a commodity, and they are a commodity, but chips are the same deal, man, once the chip starts running, it just keeps you running. If we go over to NVIDIA, what's going to be interesting about NVIDIA now is this the end of a run for another six months, eight months or whatever, because when you do look at it, this did more than a one to two ABC structure on the way up, and when you do something like that, it's an immediate change of trend, and I mean immediate, you know, when I say immediate, like, you know, within a week, week and a half, whatever. Now, look at that bar, though. Oh, my God. That bar is something else, let's see. And that bar, a billion, yeah, that bar is going to be taken out with volume. It's going to be taken out with volume, so that is something else. There's no doubt about it, and those numbers were something else, too. I mean, the numbers that they came out with, they did seven billion, and you see the jump here? This jump here is something else, man. Seven billion, and it's going forward 11 billion, 11 billion, 12 billion. Now, check this out. This is like over the top. This company was taken in 11 billion dollars a year five years ago. Now it's taken in 11 billion dollars every three months. And they're saying that they're still going to grow by 22% a year. Yeah. That is something else, man. That's the state of where those chips are, and the chips are driving it. There's no doubt about that. Let's go over and take a look at Google. No, Microsoft. And when we talk about the tools, they always say that, forget Goldmine and sell the tools. Man, Mr. Dave White used to say that a lot. And in NVIDIA's case, guess what? They are the tools for everyone into AI, everyone into gaming, everyone into Bitcoin. So, Bitcoin's not going away. Game is not going away. And AI is just starting. So, it's a trade. It's a play big time. Microsoft out here. Yeah, Microsoft is a Hollywood volume. It looks like this. We're at 332. Yeah, this is an ABC app, right? Yeah. That highest game. That highest game on Microsoft. Let's go into the oil market and take a look at oil. Oil is having a hard time getting any traction going here. Yeah, it's 7288. Yeah, you still have to lower into this consolidation. Let's go to Exxon Mobile first. You kind of feel bad about the oil companies. They've made billions, that's for sure. Yeah, this is Exxon, Chevron, XLE. They want the bottom of the range. The bottom range there is that 98 area. We go to the XLF. Let's see where these banks are going. There's no action there either. Yeah, and let's go to Apple. All the action folks really isn't in the text, but there's enough of them. I mean, that's the bottom line. Let me go to Apple first. Look at that. Apple is approaching its highs. The contraction is happening on Apple though. It doesn't mean that it won't get acceleration on the way up, because what we had yesterday, it was interesting. If you looked at the NASDAQ yesterday, you say, okay, how many more days can you get something up 30%? Well, guess what?  That's the juice that you're seeing inside these MQs. And that, like, NVIDIA had been on a run. Marvell had not been on a run. But bottom line is that that's what's putting monster juice inside of the NQs today. There's no doubt about it. And there's a lot of other chip stocks in there that... I want to see what Marvell had to say here. Oh, well, there we go. Marvell technology soared 24%. It's up 30%. Projected AI revenue for 2024 is going to double from a year ago. The company also reported first quarter just the earnings per share that beat and provided second quarter guidance analysts had a positive return. Marvell surged. The AI has emerged as a key growth driver from Marvell. We are enabling... which we are enabling with our leading network connectivity products and emerging cloud optimization silicone platform. AI's the deal, man. It's here. It's here for good. Stay right there, folks. Come right back. 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An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. For just $1 for the year, there's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. So you got the debt limit talks and I would say that looking at the calendar folks, I guess the June 1st deal date wasn't really a June 1st date because bottom line is that we're talking about the 25th of May right now and no one's too concerned about the debt talks. The releases that are coming out, we know that all the congressmen are home. The releases that are coming out, I thought we made progress yesterday. I want to make progress again today. Let's say negotiations for House Speaker McCarthy and President Biden are in regular communication throughout the day, Friday. That's all it says. It doesn't even say that they're going to be in... Let me get this. There is forward progress but each time the forward progress, the issues that remain become more difficult, more challenging, McHenry said he's the main negotiator for McCarthy. So that is step by step, small step by small step. At some point this thing can come together or go the other way. Yeah, I mean it's going to come together. We'll see how it goes over the weekend. I suspect really what's going on is that the June 1st date isn't of June 1st date. It's going to be like June 15th or something. We're going to be dealing with this for another two or three weeks. Another two weeks. That's where it looks to me. Let's go take a look at a few of the other... No, S-O-X-X. Yeah, I want to look at this for a second. So this is the S-O-X-X. This is just the one by one semiconductor. But look at this run. The low for the S-287, the highs 492. I'm going to look at the doubles and triples on this. Look at this. In two days and three days this equity went from 426 to 489. That is something else. Look at that though. It's all relative, I guess, because when you look at it, it's way off its highs too. Damn. But you want to see something crazy. This is volume off the high and has volume at a high. You don't see that often.  Volume at the high, you're going to be back to the high. So there's still runway room out there. And of course, you got Amazon. What's going to happen, let's just see Amazon for a second. I want to see the multi-cloud revenue, because what happens here, so picture what happens, folks, is that you have the first, so you have the chip makers, right? Then you have the software makers that are going to be making the AI for the chips. Then you have the cloud that's going to hold everything. So they do break these out. So Amazon right now, that breaks it out. They do 80 billion a year. Well, you can expect the next quarter, probably, that number's going to... Well, right now, they're growing that by 10% a year. But I expect that's going to go up astronomically. As is, let's go to Microsoft and see if Microsoft breaks it out also. Because that's the next move. Because the amount of power and cloud it takes is pretty intense. Yeah, so Microsoft's at 73 billion in the cloud. They're growing it toward 8%. No, 8% that is. That's going to go exponential too. Yeah. The amazing part about the cloud, folks, is that that's how everything started. Depending on how long you've been out there, the big data general computers, the Wang computers, all of those, I remember it so well because I was using a data general computer inside a room and the computer itself was like six feet rail to rail. The room was freezing. In this particular room here, it was only like four feet by four feet. Now that ran my office, but at night, the bottom line, I'd go right off the thing. And I suspect, by the way, that big computer, our phones are more powerful than that computer. Yeah, that's how crazy it is. That's pretty amazing. Let's go take a look at the JPMorgan. Let's see what JPMorgan's up to because that's the biggest bang for sure. Let's hang in there, but it looks like the spreads that the banking, if we look at the beginning of the year, what we had is that normally folks what ends up happening is that if interest rates go higher, normally banks can make a lot of money. Now the difference in this time is that we went exponentially higher and simultaneously the banks start getting a huge amount of competition. And so they haven't been able to work on the spreads. That's how this is shaken out. Now we're already at five to five and a quarter. The next meeting is on June 14th. So a real kicker is, are you going to get a next quarter point? Well, the numbers that came out this morning, let's just take a look at these for a second. So we had, okay, personal consumption, the personal consumption, that's the PCE. Now the PCE is what the Fed looks at all the time. That came in, you know, faster than, you know, in higher than the Fed is looking for. It came in at four-tenths of one percent in April. You know, so bottom line is that from a year ago, it climbed 4.4 compared to 4.2 last month. Food and energy at the core increased four-tenths of one percent and that's 4.7. Now, when you look at 4.7, think about this for a second. These numbers, man, when they commit with these numbers, these, as far as I'm concerned, the numbers that we're actually paying for product are much more than this, okay? I mean, are you paying more than 4.7 percent for food in the grocery store than last April? Yeah, I mean, not even close. So I know, that's an average all around. There's no doubt about that, but the bottom line is that we're paying a lot more, man. And you know, they, and see, what else happens is, we'll get down to the two or three percent, but that's the two or three percent. It doesn't mean prices go down, folks. It means that from year over year, then we're hitting two or three percent because that means I think we get the expansion that went up about 30 percent. Yeah, a good 30 percent. Now it's gonna be like, okay, are we gonna be, you know, 10 percent higher than that and then it levels out to two or three percent. You know, we'll see. Down industry is up 317. Now it's like up 272. S&P's up 53. Stay right there, folks. Come right 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 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. 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. Get the Opening Call newsletter by Basil Chapman in your inbox every day. Every 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, the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pesavento 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. 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. Welcome back, folks. Let's go over to Toll Brothers and take a look at Toll Brothers quick. It's going to get intriguing here that we know that rates are higher, but what happens in inflation, folks, is that you have higher rates than the real question is, what is the real rate of return? What is the real rate of your paying? What you're going to see here, if you look at some of these home builders, the bottom line is that they're approaching their highs again. Toll Brothers, this has volume, man. This has volume going up there. And so what this is, is a combination of that, okay, let's say the rates are running at 10. Well, if we're running at 10, and let's say a paying, 7 in the mortgage, but if inflation is running at 10, you're still at a negative 3. Now, on top of that, what's happening is that the homes that you're already in are worth a lot more money because you can't replace them. What you should do over the weekend, this is a great weekend.   And if you have a pool, all of those prices, even though lumber has come down because you have to get the labor to put it in, have gone up a good 30 to 35%. You know, so it's intriguing because right now it seems to me some people actually selling their homes less expensive than they actually should be because I know you can't replace the value. And it's not a close call but because of the way that it's structured all we need is about another year inflation which I think you're going to get and people are really going to catch on to that whole deal that hold it man, I got to get more money from my house because I can't replace that house even close. Always remember folks the bank and claw your hide out the bulk and run you over and thank God there's always another trade. Health happens in prosperity have a great weekend folks have a safe weekend come back and visit Tommy Tuesday morning have a great holiday weekend enjoy yourself, enjoy your family enjoy your friends folks look at them folks


So, the first on stage is the current executive director of Wikimedia Argentina. She has been part of the Wikimedia movement since 2014. She's also part of the Rosen Responsibility Working Group for the Wikimedia Strategy Process. Make her feel welcome. A big applause for Anna Torres! So, maybe you can have a seat there? Sure. So, we'll mix a little bit. Our next on stage is the board member from TAVAN. She's a program committee members of ESAP 2018, and now a team member of Community Health Working Group. A big hand for Jamie Lynn! Please, have a seat. Yes, and then we have the co-founder and board member of Open Foundation West Africa. He's also a member of Resource Allocation Working Group for the Movement Strategy End. And he also 2017's Wikimedia of the Year. Yeah, he's been a member of the movement for seven years. Welcome, Felix Nordi! And last but not least, he's active member of the International Wikimedia LGBT Plus community in the user group and that also organized community projects around peace and social justice within Wikimedia Austria. He has been active in the movement since 2005. Welcome, Thomas Schallhart! You guys are so eager to be here. We didn't even have a chance to say your name before you were up here sitting down and like, woohoo! Let's roll, right? Yeah, it's quite interesting to be here. And so happy to talk about how we can link the SDGs to Wikimedia. Yeah, we're super, super happy to have all four of you here. So a big welcome. Thank you. So my first question is going to Anna. Good. What is your main focus for the next year within your region with specific regards, of course, to the SDGs? Okay, first of all, I want to say that I'm very happy to see that this year Wikimedia theme is about the global goals. I think that working accordingly to these goals can help us build the movement that we all want to see. When it comes to talk about what happens in Argentina in particular and also in Latin America, it's difficult for someone like me that lives in Latin America to choose the most relevant goal among all of these, because none of them has been achieved so far and a lot of them are very far to be achieved even by 2030. But when it comes to describe what we do in Argentina in the region, I think that there are two of them that describe very well what we are doing today. The first one is the global goal number 10. It's about reducing inequalities. I think that you're talking about inequalities, talking about a problem that happens all around the world. But even this goal is very focused on an economic and social way. Reducing inequality is what drives our programs and our mission in Argentina. And we do it in four main perspectives. The first one is reducing inequality in access to knowledge. To do this, we develop projects to create content with three main characteristics, a very specific characteristic. The first one has to be content that is locally relevant. This is super important for us. The second one is content that is created from the global south. And the third one is in our own language. And to reach as much as the society as possible, we partner with strategic allies as also the global goal number 17, I think. It's about partnerships. Despite the challenges that we have in order to reach more people. And when it comes to challenges and explaining about what challenges are we facing, just in numbers of the United Nations, 600 million young people today are still lacking the minimum level of literacy. That means there's people who cannot read, cannot write. I'm wondering how we can make this global, this Wikimedia movement, the Wikimedia movement more accessible for everybody, really for everybody around the world. The other part about reducing inequality is about inequalities regarding who writes the knowledge. I mean, it's inferred that we in Latin America, the ones that we have well-established communities are the ones writing the knowledge for the rest of Latin America. I don't know how can we make sure that those people who are not in the movement yet feel that they have voice and what they have to say is important for all the world. So how can we combine them is something that we always question. I mean, it's a question that I wanted to bring into this discussion. On the other hand, we are currently reducing existing, the existing inequalities in access to quality education. We do it, of course, by promoting capabilities and skills for teachers and students, not just regarding... We do it by doing projects in the schools and not only online content by creating online content, but also offline projects. Of course, when talking about inequalities, it's doing it in this movement about gender equality. I think that this movement is so doing a lot of things to address this issue that is a very important one. We want to continue to break the limit. The work is to limit the participation of women, but not just women. Also, those people have been historically excluded of this movement because we need a diverse movement and we need that the decision-making of this movement needs to have an inclusive and diverse standards. Just to close, I want to also talk about a very small way to talk about another global goal that is super significant for us, which is number 16, is peace, justice, and strong institutions. For us, the WICMEA projects are not just a source of information. The WICMEA projects are a civic tool for education and to build global citizenship. WICMEA Argentina has a huge program on human rights. This cross-cuts everything that we do in our organization because of three main reasons. First, for us, free knowledges of human rights. Second, we cannot reduce inequalities if we don't know our rights. And third, of course, the Argentinian society, the essence of the Argentinian society is built on human rights. So I just want to close this presentation with a little presentation I've done, saying that advocating for free knowledge, advocating for freedom of speech, trying to make this movement more equal. It's something that we are committed to and I think that it's needed to build more democratic society and it's an opportunity that we in Argentina don't want to miss and I think that the movement shouldn't miss either. Thank you so much. Thank you. Thank you. So Felix, I've been noticing that you are nodding quite a lot when Anna was talking. Coming from West Africa, are these similar challenges to the ones that you are facing? Yeah, honestly, the SDGs are not at the limit where we can say we've attained everything from our continent. Our president is currently an ambassador for the SDG on the continent and he's doing quite an amazing work when it comes to the SDGs. However, we're nowhere near achieving any of the SDG goals. But I wanted to talk more about the problems in West Africa in relation to what we do in Wikipedia. And so some of these problems, well, I would say the basic thing that we need to do as we comedians is first of all to create awareness because none of the things that we're doing here is far away from awareness. We're talking about the SDGs today because it's critical for us to show people what is there so that they can be able to play a role in achieving the SDG goals. Now, Wikipedia provides that unique platform already. We provide the base to provide all the knowledge. But how are we telling the people that need to access this knowledge? And that's a big problem. We have the notion that Wikipedia can be a source of reference to people and people can learn about Wikipedia through referrals. But not everybody. Imagine the little guy in my village who wants to know about Wikipedia would never know because in his mind, the only thing he can do is to search Google. But if we deliberately go out there and run campaigns that can actually onboard people who are interested in knowledge seeking, then that is the way we're able to change all these things. So for me, it's very critical first of all to talk about awareness because we are assuming that the fact that Wikipedia exists, everybody knows about Wikipedia. But not just everybody can know that Wikipedia actually exists and they can use. And so it's fundamental to create awareness about Wikipedia, which in turn affects the SDGs because the SDGs can only work when people know about them. Now, the other thing I want to talk about is knowledge forms. In such this movement, we have not recognized that knowledge are in different forms. At the moment, academia only allows us to accept knowledge in written forms. Does that mean that we're trying to save the sum of some human knowledge and not the sum of all human knowledge as we strive to achieve? This is a question that we need to think about because I think the purpose of Wikipedia is to capture the world's knowledge, the whole world, not just some people's knowledge. But at the moment, what it seems that we're doing is capturing the sum of some people's knowledge. We want to attain the... We want to reach a stage where we can say that my knowledge exists on Wikipedia and every sort of knowledge that exists in the world exists on Wikipedia. That is the time that we will truly achieve the quality of education that exists in the SDG4. As said by Seneca, we learn for life, not for school. As he said, the Latin non-scholars that I've said, we don't learn because we're learning to attain a job, but we learn because learning is dynamic and it improves our lives each time that we come against a new opportunity. That is very critical for human living. Right? If we can't capture that story of the hero from my country for somebody to learn about my culture, then there's still some part of the puzzle that is still missing. And this is what we're striving to achieve. Big hand! Thank you, Felix. Very interesting. Thomas, are you seeing some kind of the same... You were active in the LGBT community. And how can you see that? Are there the same challenges for you? What kind of challenges do you see? Well, I will also mostly refer to Goal 4, quality of education. LGBTI people unfortunately are not directly mentioned in the STGs. They were lobbied out, unfortunately. But they are kind of hidden in the STGs in a few places. And one of them is Goal 4, that is about inclusive education. And there would also, again, like Felix just said, relate to that. So when we talk about creating the sum of all knowledge, we should also include queer knowledge and we should include queer people in our movement. We have massive misrepresentations in our movement at the moment. The global south is less represented than the global north. Women are less represented than men.   And that these people are not represented is not because they don't want to be represented, it's because there are structures that hinder them. And we need to tackle these structures. And if we talk about LGBTI issues, these structures are, of course, homo and transphobia within our community, but also in society in general that we need to work with and tackle. But also stuff like that queer knowledge very often happens in the underground. History has always been a history of hiding and of creating safe spaces within the community and this kind of knowledge we need to actively seek out. It will not just come to us. It's not mainstream knowledge. So we need to create projects and initiatives that tackle this. We need to involve more LGBTI people in our movement. We need a queer week gap. We need projects like Queer People in Red. We need more things like that. Our Wikimedia LGBT Plus user group tackles a lot of that. We are growing a lot at the moment. We're trying to involve more queer people into our movement by organizing community projects for queer people. We're trying to get queer people who are already in our movement to write about queer content. So there are different things that we can do and in the end maybe we will achieve a more inclusive way of looking at the work that we do. For example, when we have topics on sexual health that also relates to Goal 3, that we should have good health and well-being, LGBTI people are especially vulnerable to not getting the healthcare that they would need because there is a lack of information, there's a lack of access in a lot of places and if Wikipedia has a queer perspective on sexual health in articles, that would already change a lot. So there's a lot to do. Thank you. It's great to hear that it's growing the movement anyway, even though there are still many gaps. Jamie, you're coming from Taiwan.  Well, I would say it's come to Chinese Wikipedia because Chinese Wikipedia is a group of people who come from different regions and different countries like Taiwanese editors, Chinese editors, Hong Kong news editors and editors in Singapore or all over the world that it is together. And I think the difficulties we face on Chinese Wikipedia is related to maybe the mixture with SDGs 3, 5, 10 and 16 because I would just say it's a community health issue. Like different people have different point of view and in Chinese Wikipedia the gender ratio is 9 to 1 so 9 male Wikipedians, 1 female Wikipedian and most female Wikipedians suffer from sexual harassment, sometimes bully. Because they just say, oh, you have girls. We don't think you can do this. But the female Wikipedians, they do contribute a lot. So this kind of, how to say it, behavior will just affect the community health in Chinese Wikipedia. And also because we come from different regions, we have different point of view and in all the regions they can upload their information and can be shown, can be seen in the international platform. So when we have debate, especially for some articles, it's very hard to have very equal communication between each other. And so for, if it comes to our region, because I'm a committee member of the EZF, the East Asia, East South Asia and Pempecific area, in our area, the chapters or the user group of different communities, we have different, how to say, different maturity. So sometimes our language is very different. Not everyone is good at communicating in English or for them, they don't know, they even don't know that foundation exists. It's very hard for us to collaborate with each other. So this is related to the SDG17. But we don't need to just collaborate with each other and help each other to make our own region become better and better and share the experience with each other. But I do face a difficulty to communicate with different communities, especially, okay, English is not our mouth tongue. And also the education we accept and all the experience we have, totally different. Yeah, so, yeah, but we still work on it. So for Wikimedia Taiwan, I think it's a very warm place. Of course, we need to improve the gender equality in our society, but overall, I will say, okay, we need to improve the community health part and also the partnership part. Yeah. Thank you. So thank you all four of you for providing us with greater insights about your challenges. And I would recommend all of you, if you're interested in getting involved or helping Felix, Anna, Jamie, or Thomas in their work, please, you know, get in touch with them, either here at the event or afterwards. Sorry, guys, I haven't checked this one with you, but I assume it's okay. Happy to help. So feel free to contact them afterwards. Thank you. And also, we want to show, Wikimedia Sweden, we want to show appreciation to you and also donated some money to the UNDP. Thank you so much. Thank you so much.


Thank you Well, good morning and Thank you for the introduction Bo and I'm delighted to be here. I don't often Get to come to come to Sweden, but I have actually been to Gothenburg a few times previously. I like to get straight into it because Karin runs a very tight ship So I want to perhaps use the time allocated that I have as much as I can and I want to talk about this whole notion of Enhancing livability One of the key themes of this conference was about water for an attractive city enhancing livability and I want to impress upon you that Creating an attractive city is Important for livability, but it's not the only thing In fact, if we were to just create an attractive city We would have let ourselves down in terms of what is it that we need to do to promote livability and There is a changing An emerging role For a lot of us whether it's in the water utility or in the cities But mainly in the utility there is progressively a shift from us managing water for life To managing water for livability and this makes complete sense in terms of how Many utilities what utilities were set up to provide the basic essential for life clean water safe sanitation flood protection But as a community and a city grow the aspirations of your community is Much more than the basic essentials and you find that a lot of utilities are now needing to shift It's role and is focused to actually address this issue of water for livability But what is livability and I think suffice to say that Livability means so many different things to you and I Livability for someone in a developing world is quite different from the concept of livability for us in Sweden or in Australia The social technical research that we've done tries and rationalize that and try and perhaps help frame The role of water management in delivering livability and perhaps the best way to do that is that The whole concept of livability and the concept the continuum of water for life to water for livability is in fact a continuum The very foundation to livability has got to be about delivering the basic Existence needs delivering water for life But once you get past that point you find that often there is a much less Quantifiable dimension of what defines livability for the community Water for recreation for culture Culture connection social cohesion attractiveness and beauty comfort ecological health of our water becomes important and Of course, there's even a higher level of livability is about growth our identity We talk about how we are proud to be living in the city of Gothenburg. Why we talk about the Governance and the intergenerational equity and The whole question of sustainability They're all part of the identity that we have in relation to our city and to live ability and This is how in the CRC for water sensitive city in Australia that we try to frame how water management Interplay With the aspirations of livability in our community. I attended a conference Some three months ago in in Stanford University With a bunch of scientists that are working almost in a peril universe to to where we work they were interested in the whole question of natural capital and conservation of natural capital and Protecting the ecosystem services that natural capital Provides us and they put they were particularly interested in inviting me to to attend that conference and present to the conference on the notion of how the city actually start to reinvent themselves in delivering natural capital it was in fact quite Quite an out there concept for many of the people working in natural capital big systems of conservation and It really dawn on me then one of the reasons why we work in peril universe is that Cities have in the past evolved with a total disregard for natural capital In fact, you find that quite often cities as they develop One of the first things they do is to remove any resemblance of natural capital within their footprint The removal of any arable land the removal of any of those systems That we now are working so hard to recreate Fundamentally you find that if you drill down deeper, you will see the symptoms of that in terms of health cities continuing to be urbanized we tend to look at Creating diverting our waterway converting them to drains Why do we convert them to drain so that they become receiving waters to discharge our pollution? We have to some degree as city planners and city builders failed in Recognizing the value of nature We have failed to apply innovation to enable the coexistence of Nature and the urban footprint and it's no wonder that now we see the symptoms of that failure in terms of pollution in our waterway and It's no wonder that many of the affluent cities of the world are spending many millions of dollars to try and recreate that sense of natural Back into our city My travels around the world tells me that many of that attempt Even though well-meaning Runs the real risk of greenwashing the whole issue We run the real risk of creating what we think is natural beauty But it's still devoid of the ecosystem services that we have destroyed typical examples of again a symptom of the type of Damage that we do in a city. These are data from China about the increasing rate of Areas and natural waterways and lakes that are now undergoing eutrophication So the concept then is that we actually do have the knowledge research proof of concepts to actually think about re-establishing ecosystem services within our urban environment But how do we do that and how do we think about? prioritizing what is it that we want to re-establish and I like to perhaps reflect on perhaps four of the key challenges that we face in the urban environment in terms of Challenges to urban livability and then start to talk about some of the issues that some of the techniques and innovation We can have to deliver ecosystem services to address those issues. I Think we are but it's clear That we are facing more all our cities are facing significant challenges in terms of water extremes Vulnerability in our cities are manifested in everything that we see whether it is drought or whether it is floods We see them all the time the predictions are That there will be more intensities both in terms of droughts and floods in our cities We also see as we've seen if you heard previously the notion that there is a growing Urbanization of our city as more and more people live in city that urbanization introduces Increasing urban density it actually increases a challenge, but for where I see it also provides the opportunity Because it is now the time when many cities are reinventing themselves There are many cities are going to renew whereby if we are smart We can actually capture the renew cycles of city to introduce ecosystem services back into the cities Another challenge is about degrading environment as you can see that the pressure of urbanization if it is business as usual will continue to stretch and Perhaps exceed the capacity of ecosystem services of the surrounding environments around our city It's quite ironic. We built a city. We destroy all its natural capital Rely on the ecosystem services of our surrounding natural environment and then we stretch that limit and push that beyond its capacity and Emerging issue in cities in Australia particularly is the notion of urban heat If we find that the data and predictions of increasing heat wave conditions in Australian cities Beginning to push the notion that this is going to be the single most significant factor in affecting the mortality and the morbidity of Australian population in cities How do we actually think about water management that is able to cool the city To a able to accommodate the fact that there will be increasing heat wave days ahead and How do we address those four issues? Together concurrently in the way we plan our cities one of the things that we all realize is that we only work in a City as a whole it is a melting pot of all these issues and There's only one set of solutions for the whole city and therefore it better be integrated it better cut across the whole range of different state play stakeholders and it better address in Synergy all the different challenges that the city faces and Bearing ecosystem services in cities and towns. I believe it's the way to do it. How do you do that? I introduce to you the concept of biomimicry in fact It is not a new concept in fact a lot of things we do whether it is true a mechanical or true nature-based systems We try to mimic the natural processes of nature Some of the city Ecosystem services we expect our city have are perhaps listed in here and some of the achievements that we have as particularly in Australian cities Is how do we introduce? nature-based systems to deliver such ecosystem as Ecosystem services as water quality improvement The management of stormwater as a resource buffering aquatic ecosystems from the effect of catchment urbanization flood mitigation now This is this is an interesting concept whereby if we start to think about open space and green spaces in our city as Some of those natural systems that deliver ecosystem services We should also start to think about how they ought to be connected with corridors that provide safe passage for floodwaters Provide safety tension in the same system and in that note You can then start to think about how by having connections and corridors and pockets of open space That we can actually start to influence the microclimate of our city start to introduce mitigations from urban heat and ultimately Create the type of biodiversity corridors into our cities How do you do biomimicry and I'll give an example of some of the work that we've been doing for the past 15 years Understanding the processes of wetland as a good example Looking at running through experiments both in laboratory and not in the field to understand and quantify the different processes that we hope to promote in Those wetland systems through that understanding we learn how to scale and we learn how to scale wetland processes into Compact units that ultimately we can embed into the urban environment, which I will show you images of later on We also undertake research to look at the whole notion of percolation to soil When water percolates to soil there is actually a natural process of cleansing in addition to the detention What is the combination of plants and soil that allows us to deliver that water quality? all of that We are now able to capture into how we can progressively embed ecosystem services Into our cities for example building wetlands in our city is now a reality in many of us We can actually look at systems whereby those systems Allows us to treat water in the city the green walls that we built are also filters for water for our grey water That ultimately could be reused to flush toilets within the building Our roads are now equipped with bio filters and and and bio retention systems In many of our cities that allows them to become kidneys in our city in the cleansing of water We can see systems such as this at different scales in our cities that now serve the function of purifying Stormwater perhaps not to drinking standard but available for us to use as an alternative source of water If you couple that with policy and write urban design concepts you find that we can capture the renewal cycle of cities and Ultimately transform a city into what we call a water-sensitive city a city that has over time embedded ecosystem services And it goes without saying that the way we manage urban influence Urban water in fact influence many of those systems the questions that we have is We now really need to understand and recognize the public realm the public spaces in our city as Essential elements not just for it to look pretty But for all of them to have embedded in it Ecosystem services I call them ecological landscapes and that our knowledge of That traditional value of open space really now needs to be boosted By an understanding of the ecological functioning of that such that we can deliver to that space water management microclimate influence Facilitation of carbon sinks and maybe even the introduction of productive landscapes in our city What is then the role of water utilities of the future? How does some of the water utilities find yourself needing to reinvent yourself or Transitioning your operation to actually capture that really wide spectrum of water servicing and it's difficult. I Have to say that you find that many of the Explorations and many of the challenges we face here is not entirely in the domain of the water utility in fact The best water utility that is able to transform itself is actually the water utility that's associated with local government There are some water utilities that are part of a city and why is that the case? Because apart from providing water services the taps and the toilet services Many of the other services are community aspirations that are at this point in time not well captured by our economic system Many of our economic systems do not capture the what we call what we refer to as the non market value of water management and Therefore many utilities do not have the legal obligation to actually start to think about trading off Community benefits in a whole bunch of other things related to livability With the business of delivering water and sewage services In fact, there are some utilities many utilities in Australia do not even have a flood protection function and Therefore water management harvesting of water is not seen as delivering beneficial outcome to flood protection because they're not even in the same remit of the organizations and why do I think that local municipality that has a Responsibility of water management has the best opportunity to move forward because Fundamentally they are accountable to the community They respond to the aspirations of the community. They make decisions on investments that links water services with the aspirations of livability This is also a Next track from some work done again in Australia the water services association of Australia that actually talks about the notion that utilities of the future the first thing you need to understand is Utilities of the future needs to collaborate Because they do not own all the problems. They are not the stakeholders, but yet the services they deliver Can actually have an influence on both state government aspirations as well as local government and community aspirations So if there is one underlying theme for utilities of the future is for them to be able to capture the economic value of Delivering services to the community beyond Taps and toilets what we refer to as a non-market Economic value Secondly is to be able to find a way to Collaborate with other stakeholders whereby they some of those aspirations are now driving a lot of the water management agenda So in summary when we start with the notion of water for attractive city Enhancing livability. I want to impress upon you is that there are a lot of investment Spent by cities particularly on delivering an attractive city It is not the same as delivering livability Unless we actually start to understand and capture those ecosystem services and Re-embedding a lot of the natural capital back into a city whereby Attractiveness is not just superficial it needs to have depth and the depth is about the ecological services Biomimicry and the work that we've done is now able to not just understand how natural system work But actually to have the innovation To capture and deliver that into better urban design better landscape architecture better building architecture And I reinforce this message by basically saying that as the city becomes denser The public spaces in the city needs to be much more multifunctional Not only does it need to create the space for a denser community It needs to now embed those ecological functions in the public spaces to ensure that the city Actually has a much stronger chance of being sustainable and resilient On that note, I'd like to thank you for listening. Thank you


Then let's move on to our diligence task force. So this task force was set up a couple of months ago to take a look, a deeper look into existing implementations and the need by implementers when it comes to implementations of OpenID for verifier potential. It has been mentioned a couple of times in the presentations. I thought it would make sense to just briefly explain what it is, right? So OpenID for verifier credentials is one set of protocols that allows the issuance of credentials and the presentation of credentials. There are others like TITCOM, ISO stuff and so on. OpenID has been emerging during the last two years. It's done by the OpenID Foundation. That's the standardization body that also did or does OpenID connect and FAPI for example. There's a working group associated with that. It's called Digital Credentials Protocols Working Group. I'm one of the co-chairs of that working group and Joseph writes the conformance tests for it. So that's what it is. It was for example chosen by the European Union's expert group for EIDAS as one of the technical underpinnings of EIDAS beside ISO 18 or 13-5. So those are the major technical standards when it comes to protocols. And we are super proud of that and support that initiative with all we do. And one of the new work items we picked on in support of that initiatives and others is the OpenID for VC high assurance interpreter, the profile with SDJOT. It's called HYPE. It was also mentioned by two of the project maintainers. So it elevates or it profiles OpenID for the regulated use cases. And Susie in this presentation already mentioned OpenID for VP over Bluetooth for Energy, something we are really excited about because it extends the family to proximity use cases. And I think that's important because Verifyable Credentials, the unique feature of Verifyable Credentials is you can use them in all different sorts of scenarios online as well as proximity. And that should be seamless. We also have a security and trust document which is maintained by Daniel Fett, who you have seen in the SDJOT presentation before. Yeah. And there is a certification suite on the development. Right now we are able to test presentation interface of a wallet. And it's already being used by Joseph, three wallets? Yeah. Thank you. All right, thank you. Let's go back to the diligence task force. So the goal of the diligence task force is pretty simple. We would like to bring existing a new code that implements OpenID for VC to RWF. That's our goal. So, and in order to really do that, there are lots of other objectives. So first of all, we would like to implement what implementers want. We want to gather that input. And we want to deep dive with all the implementers into specifications. So the last couple of sessions, for example, Christina, or Christina Yazuda, who is the other co-author or co-chair of the DCP working group and one co-author of OpenID for VC, we ask or we answer questions by implementers, which prove to be very useful. But we are still surveying existing implementations. So we have a huge sheet. I'm gonna show it to you where we really have feature sets and the existing implementations so people can really also again, compare what's in it for me. And it also helps implementers to figure out where are gaps? What is missing? What do I need to do next? We also provide implementers of projects that are not necessarily already at OWF. We provide them a space to demonstrate and to show their implementations, clearly with the intent to convince them to come and join the team, right? So, yeah. And we are contacting those implementers and try to figure out whether OWF would be a good place for hosting their work. Yeah, I think the last point, meanwhile, is obsolete because we have inbound implementations of OpenID for VC. But we originally planned also to come up with a plan on what is needed and in the end, yeah, construct a project proposal. Right now it looks like there is the contribution by Ping, Mossap, and also Lizzie and Esato that implement a protocol and there are other implementers we are on discussion with. So those are the implementers that we have been working with. So you see, none of the contributions we proposed today are on the list so there are even more implementers that are interested to come to OWF so it's pretty amazing. Yeah. Just to give you an idea how the sheet looks like, so what we did is, and it was mainly Hakan who runs this group has really broken down the different features of the, for example, OpenID for VP. Specification. And then we have columns for each of the implementations and now we try to figure out what is supported by which of those implementations which again helps implementers to understand what they can do with which project. It's a tremendous work and kudos to Hakan for that. We are hoping that all the implementers use that as a chance to also present their project and their features to interested developers. Yeah, that's the current scope and progress. So for OpenID for VCI we have created 70% of the criteria. As a spec writer, I have to admit there are two people that are really in my neck right now. This is Joseph because he always wants to be, to know in detail what I mean with certain text and it's Hakan because Hakan tries to break down that into the features in the sheet and we realize Christina and I myself, we realized, okay, we need to improve the spec a bit to make their life easier. So that's already really a good feedback loop we have here. So we're not done yet with the implementation criteria for OpenID for Verify Prodentary Issues but we are done with the criteria for OpenID for Verify Presentations and a lot of implementers already filled the table and the cells you have seen already. And there is another protocol I did not mention which is called PSIOP V2. This is a protocol for doing pseudonymous authentication with the wallet. So you can use the wallet, can set up a new connection for a certain relying party and can use that and it's basically a key pair managed by the wallet that is then used for subsequent logins with the wallet. This is also part of the family and it's also being used in the IITUS context. We have already broken down all the criterias and now waiting for the implementers to fill in. For OpenID for BLE, we haven't started yet to work on that. But it's ongoing work. If you want to chimp in, the group meets every other Tuesday, five o'clock CST. But you can also find that on the OpenVollet Foundation calendar. Yeah, bi-weekly meetings. Yeah, I recalled it correctly, five PM CST. We have a GitHub repo, we have the worksheet and we communicate using the Discord of OpenVollet Foundation. Are there any questions on the divisions task force? You like it? Okay, cool. Right, so we are largely ahead of schedule which is due to the fact no one asks questions, I guess. So I would like to sum up the mini-summit. So anyone here in the room wants to share his or her impression about that. Have you gained what you were looking for? That's very important to us. I mean, we need to figure out whether that format makes sense going forward, right? If it is useful for people. What do you think? Mission accomplished, right? We want you to look into the project, yeah. And I took note and what I'm really amazed about is we have seen projects for three different protocols. Didcom, ISO and OpenID, which to me are the main protocols in the credential space today. And there's also one other project inbound for VC API. Unfortunately, somehow the maintainers didn't react on my impulse. So we have four protocols going forward in OWF which really demonstrates we are open to all kinds of contributions, right? And people can get code for the technology they are looking for in decentralized identity. We also have seen credentials from ISO, ISOMDoc. We have seen SDJOT, JSONLD and Anocrats. So at least four different credential formats. So there's really is really, yeah, diversity. We have seen online protocols and we have seen proximity protocols. So the physical world and the online world and most notably almost all projects are production grade. That's really cool. So with that, thank you for coming.