background to his current job. And we were talking about different forms of Australian football, which I still have a hard time keeping straight. So I know he's a Richmond Tigers fan. He's going to tell us which sport that is in a moment. But in any event, please join me in welcoming Joe Hockey to the podium. Thank you. Thanks. Well, thank you very much, Matt. When I talk about sport, I have many codes. With a name like Hockey, I'm very popular in Canada. And in fact, Stephen Harper keeps sending me Hockey jerseys, Hockey books, Sworn Wishes, Steven, and so on. And but yes, I'm a great fan of AFL, Richmond Tigers. And in fact, in rugby league, my team just won the premiership, South Sydney Rabbitos. So I feel as though, even though all my teams don't always win, at least I have one winner this year. And the second winner I hopefully have is the G20, which has been incredibly demanding, but incredibly rewarding this year. And I want to thank you for the invitation to speak and also the CSIS, which has these wonderful new premises. I suspect far more impressive than our embassy across the road. So we'll have to do something about that. I'm sure the ambassador is very keen to. In fact, the ambassador was just asking me for some renovation money. So his timing is perfect. To my parliamentary colleague, Steve Chabo, who was here and Secretary of the Treasury, Dr. Martin Parkinson, thank you so much. And of course, this address comes to you from the lead-up to the fourth and final G20 finance ministers and central bank governors meeting under Australia's presidency. We'll meet again in Brisbane in support of the leaders, but this is effectively the final operational meeting of the year. So when we came to government in September last year, we thought carefully about how to run the G20. We knew we needed to address both the nature of the meetings and, of course, their substance. On the former, we wanted to lift the focus of leaders, ministers and governors to the things that only they could drive and influence. To do that, we wanted to create opportunities for them to have frank discussions on the practical delivery of reforms. After all, no decisions are implementable unless we are able to take our communities and our parliaments with us on the journey. In relation to policy substance, we recognized that the G20 is at a crossroad. That's why we laid down four vital but achievable criteria. First, the G20 needs concrete practical outcomes that withstand the annual change in the presidency. Second, those outcomes have to be well communicated by political leaders. Third, the outcomes have to be an integral part of a broader and enduring economic narrative. And fourth, we thought it was important to raise the cost of failure, to make clear to G20 members that the world was watching and judging us on the implementation of our decisions. Today, I'd like to give you an overview of what the G20 agenda has achieved to date against these four criteria. I'll also outline the path to the Brisbane Leaders Summit. When I was sworn in as Australian Treasurer in September last year, it was obvious that the challenge ahead would be to maintain the G20's sense of purpose and direction. To reinvigorate the group, the agenda had to focus on achieving outcomes and uniting around an ambitious but deliverable target. We determined that Australia's G20 year would focus on improving economic growth. This was particularly important given the frequency of downward revisions in growth forecasts by the IMF in the wake of the global financial crisis. Before our first meeting in Sydney, we promised to be good stewards of the institution by maintaining the G20's relevance and keeping a steadfast global focus, no matter what the challenges of the time. With that promise in mind, we identified how our success as G20 president would be defined. We could claim success if we achieved a number of practical outcomes. Firstly, we needed to deliver policies that lift growth and create jobs. Secondly, we wanted a more robust and trustworthy financial system that supports the growth objective. And finally, we wanted to deliver on the commitments made at St Petersburg to a fair and effective international tax framework that rebuilds community trust in the global taxation system. There are several layers to this plan, so let me expand on each initiative. First, we are on track to deliver practical actions to lift growth and create jobs. In February, finance ministers and governors agreed to the Sydney Declaration, which sets out to lift our collective global GDP by more than 2% over the next five years through new structural reforms driven by individual governments. This was a first for the G20. There had always been words to reflect ambition, but never numbers, let alone a target. In fact, we described it as an ambitious target. By cans, just a few weeks ago, G20 member countries had put forward over 900 measures. The IMF and the OECD estimated that our efforts could lift global GDP by 1.8% over five years, relative to the pre-existing growth profile. It could deliver an additional $2 trillion to the world economy, and of course, millions of new jobs. So we're 90% of the way there. That's why we will intensify our efforts to find the final 10% before the Brisbane Leaders Summit in November. In Brisbane, members will present their new policy actions to lift growth. With these actions, we will lay down a credible policy monitoring process involving the IMF and the OECD. This will constitute the Brisbane Action Plan. In developing the growth strategies, members have in particular focused on lifting investment in infrastructure, which I understand you've been talking about a bit today, because through investment in infrastructure, we can address demand weakness and improve productivity. In Sydney, we thought carefully about initiatives that lift infrastructure investment, with an emphasis on fostering more private sector involvement. Some months later in Cairns, we agreed to a global infrastructure initiative, which is about increasing quality infrastructure, not just amongst G20 member nations, but right across the world. The initiative includes members' individual commitments to improve domestic investment climates, as well as collective actions to facilitate the development of infrastructure as an asset class, as well as improving project planning and preparation and reducing information asymmetries. We committed to developing a database, a global database of infrastructure projects to help match potential investors with projects. We also want to create a knowledge platform that helps to build public sector expertise and develop standardized documentation that reduces the costs of new investment and risks of new investment, I should add. We agreed to a set of best practices to help countries promote and prioritise quality investment and foster flows of long-term institutional investment. And we will support work to help grow new sources of finance for government and for investment. In Brisbane next month, we hope to announce a mechanism that will help us deliver this important multi-year initiative, to be known as the Global Infrastructure Centre. This centre can bring together in a single hub governments, international organisations and the private sector to facilitate a knowledge and information platform for new infrastructure or upgraded infrastructure across developing and developing developed economies. The centre already has the strong support of international business community, including the B20. In fact, the B20 estimates that establishing a global infrastructure hub could help facilitate tens of billions of dollars of annual infrastructure investment. It's clear that with the cost of capital at record lows, the time is right for action on infrastructure investment. Second, we are on track to completing key elements of the policy response to the financial system weaknesses exposed by the global financial crisis. In Sydney, we pledged to complete as much of the financial regulation agenda as possible. Policy uncertainty in this area began to impede key drivers of growth right across the financial services world. And from our discussion in Cairns, it's clear we've made great strides in delivering stability and certainty in that area. Globally, banks will have more and better quality capital as well as better defences against liquidity pressures. We've made substantial progress in addressing the problem of institutions that are deemed too big to fail. And as part of this work, the Financial Stability Board under the steadfast and I might say impressive leadership of Governor Mark Carney, it will soon release a proposal for additional loss absorbing capacity for global banks. This will further protect taxpayer funds if large global banks run into difficulty. That's an extremely important issue. I know it's particularly important here in the United States. It and the FSB proposal have now been largely resolved. I pay tribute to central bank governors and regulators who have not only worked incredibly hard this year to deliver these outcomes, but have been prepared to make some compromises to bring about the greater benefit for all. In addition to the rules governing bank failure, we've also made substantial progress on concerns about the shadow banking sector. And lastly, we have reinforced our commitment to reducing systemic risks and increasing transparency in markets for complex derivative products. These reforms will deliver a safer financial system that supports and facilitates greater economic growth. As a result, our citizens will have confidence in the stability of the global financial system and industry will have the confidence to invest. Ladies and gentlemen, Brisbane will mark a turning point for international financial regulation. It's not just me saying it, Governor Carney advised that to the G20 ministers in Cairns. He said, we're drawing a line of the sand at Brisbane. And it is time to draw a line of the sand on the global financial crisis. Let's move on. From the time of the leaders meeting onwards, we will look forward, not backwards, neither fighting old wars, nor re-prosecuting old agendas. With key elements of the financial reform agenda substantially completed, our focus will shift to implementation. Policy uncertainty must be removed. We want the financial regulation architecture to be set up quickly for the next phase of global growth so it can pick up emerging issues as well as balance stability with risk taking. This will be supported by the changes initiated by the FSB, including a review of its representation and an annual report on the implementation and impact of reforms. Third, we are on track to deliver a fair and effective international tax framework. In 2013 at St Petersburg, members unanimously agreed to a 15 point base erosion and profit shifting action plan to be completed by the end of 2015. The two-year action plan will not only help secure revenue bases, it will bring international tax rules into the 21st century, a system I might add that was set up just after World War I. And it will ensure they keep up with the changing business models of multinational companies. In Sydney, we expressed our continued full support with G20 and importantly, non-OECD countries all involved in the project on an equal footing. In Cairns, we walk in progress made on the action items delivered this year. Seven of the 15 proposals have been presented by the OECD to our ministers. The remainder will be presented in Turkey next year. Sure, there's still much work to be done between now and then next year, but the progress we have made is extraordinary and members are resolute about completing this complex agenda in 2015, as agreed. After all, we are finance ministers, we don't like to miss out on revenue anywhere. The G20 is also working to improve taxation, liability, transparency. We are determined to crack down on global tax evasion. Over the last few months, we've endorsed the common reporting standard on the automatic exchange of tax information. In Cairns, we made a strong commitment to implementing it rapidly and calling on outlying financial centres to do the same. This will give our tax authorities the information they need to identify and deal with tax cheats. Let me be very clear, a tax cheat is a thief. I want to assure you that finance ministers in the G20 are very determined to use all available resources to ensure that loopholes to facilitate tax cheats are closed. And to complement our policy work, the G20 has for the first time supported cooperation among our tax authorities on compliance activities, which will be a key element in enforcing compliance and identifying tax risks. Tax avoidance and evasion are issues for everyone. That's why this year we also agreed to practical steps to help developing countries address base erosion and exchange tax information, including by facilitating the work of what have become known as tax inspectors without borders. Lastly, that's the ultimate ambassadorship, isn't it? Lastly, we've improved the overall effectiveness of the G20 and we've done it in many different ways. One was by changing the nature of discussion. The G20 is well-placed to be the preeminent global economic policy-making body. The right people are in the room. The question is, are they having the right discussions? It seemed to me that there was significant fatigue within the G20, which no doubt stemmed from six years of addressing challenging economic circumstances and dealing with an agenda that expanded considerably during that time. So we chose to focus our efforts on getting global growth back on track, creating new jobs. We resisted putting new items on the agenda and focused on the issues the G20 had been debating for some time, but it failed to finally resolve. As such, we tried to direct ministerial discussions to where they were most needed. That is, towards agreement on key policy issues or cutting through roadblocks to growth. Members had in-depth discussions on macroeconomic cooperation and structural reform. We shifted the culture of the G20 by transforming it from a reactive institution into a more proactive, forward-looking one. In Sydney, we adopted practical changes to the meeting formats so that they would engender genuine discussion. We also looked to build stronger relationships among members because, if we were to work together more effectively, ministers need to know each other at a more personal level. This is important for the G20 because its strength comes from the familiarity of its members and their ability to leverage relationships. Better internal communication facilitates better external communication. It was clear to all the G20s... It was all... It was clear that all the G20's public messaging simply had to improve. Our actions had to be understood and resonate with all members of the community, not just the technocrats. So we've worked really hard to convey our outcomes in short, non-technical documents that are easily understood, beginning with a communique that is no more than two pages. We've also worked hard on our relationships with key stakeholders, including business and community representatives. This goes beyond traditional discussions to more meaningful engagement on the agenda. For example, we facilitated early engagement in Sydney on the infrastructure agenda with business representatives. This has resulted in the B20 undertaking considerable support work for our Global Infrastructure Initiative. And I want to thank Robert Milliner and all the representatives of the B20 that have made such an enormous contribution throughout the year. In fact, the feedback from business in New York and elsewhere was that the Australian B20 has been the most successful in memory. So I congratulate the team. We've also worked closely with business throughout the year on our growth and financial regulation agendas. Needless to say, the expertise, insights and ideas of the business community have helped shape our vision for the G20 and ensured our policies make a real and positive difference for global growth and resilience. And for the first time at a formal G20 meeting, we brought together the G20's official engagement groups such as the L20 representing Labor, the Y20 representing youth, the C20 representing community and the T20 representing think tanks. They all formally met with finance ministers and central bank governors in Cairns. As significant as all of this is, the agreements we've reached, we have reached on ambitious reforms are only half the job. The next step is implementation. And that's important, not just for the G20's credibility, it's crucial in addressing the real challenges for the global economy. In the past, the G20's credibility has been called into question because members didn't always deliver on their commitments. And this has been largely attributed to the growing scope of the agenda. As the G20 presidency passes from one member to the next, its agenda continues to expand in the list of legacy issues inherited by each new president gets longer every year. This poses a risk because it can distract from more important issues affecting the global economy. This year we've tried to remedy these issues. We concentrated the agenda on lifting global growth and shoring up resilience. We worked hard to build consensus among members on these priorities. It's now up to governments to deliver on their commitments, to bear the cost of failure. We need to show the world that the G20 can do more than agree to many reforms that can actually deliver them. We've done the talking, now we need the action. We need to implement and we must be accountable. Our Sydney Declaration had a five-year horizon. That's because we are tackling some fundamental challenges and, of course, that can take time. And through peer review of our growth strategies, we can keep each other honest. Of course, as policy makers, we know that many things are sometimes out of our control. If we have to, we must be prepared to commit to further reforms should macroeconomic conditions warrant it. We will draw on international organisations where their input can offer guidance on the impact or gaps of our policies. We will work with the IMF and the OECD on plans to monitor implementation and build effective accountability mechanisms. The motivation behind the Sydney Declaration is something that will keep driving us forward each year. So, ladies and gentlemen, the G20's achievements this year have been considerable. The nations that sit around the G20 table can honestly say we have made a contribution. Given that we have leaders of 85% of the world's economy sitting at the table, it's timely to recognise that our deliberations can make a significant difference. To my colleagues and the many to support our work, I say thank you. Whilst our presidency may end in December, our efforts in support of the G20's work will not diminish. There is still much work to be done to stimulate growth, to facilitate job creation and to build infrastructure that delivers enduring prosperity for all our communities. Thank you very much. Thank you very much, you want to say something? Thanks so much, I appreciate it. So, that was terrific, and I think you've achieved the objectives you laid out at the beginning of setting out some concrete goals and targets, communicating them well, trying to put them into a broader narrative, and I think you really today proved that you've accomplished that part of the mission, and now there's the final push to actually get the things done that you need to get done. So, good luck with that. And I'm struck just from what it's worth as a comment. I was going to ask a question, but I want to let the audience ask two or three questions if you're willing to do that. When I was a yak, that is a Sherpa's deputy, I've had a haircut since. It was difficult to get consensus in that room, and frankly there were floating coalitions, it wasn't sort of us versus them, but there were different groups of countries, and I just wonder how you've managed to pull these countries together, whether you've picked the right issues or the right agenda that people can agree on, but then I guess I would ask a little mischievously, have you lowered the bar too much so that people can agree to things that are sort of easy for people to agree to, or have you done something special to kind of try to build consensus? So I guess I am asking questions before I open up the floor. Well, I suppose it's a little self-indulgent to reflect on it all, whilst we're still got meetings to go, but I think Sydney, one of the comments from one of the leading finance ministers at the beginning of this year was, Joe, if you think we're going to spend 16 days flying up and down to Australia next year, you're kidding yourself, because even though the G20 is very important, three meetings in Australia takes a lot of time to get there, and it's not going to work for us if it's not a meaningful agenda. Now, we worked very hard on consulting everyone on what the agenda should be before we took up the presidency. Tony Abbott is one of those sort of people that is very focused as Prime Minister on outcomes, rather than words, and that suited the needs of the G20 perfectly. Now, I consulted all the ministers before we took the presidency at this meeting last year, said, what do you want out of the G20 next year and what is going to be meaningful? And everyone's got the same problem. Governments have run out of money, so it's very difficult and quite rare for governments to be able to use fiscal stimulus to create growth. I mean, there's some capacity, but overall it's quite limited. Monetary policy has been stretched, you know, arguably as far as it should go, but in some cases, again, there would be exceptions, but monetary policy hasn't got the capacity to deliver. Therefore, we have to have structural reform. Now, what a lot of technocrats don't understand is that ultimately we are in politics and sometimes it's a good thing to have air cover when you're going into battle. And the air cover was that the G20 was saying the same thing as we say domestically, that we have to undertake difficult but important structural reforms. Because only through structural reform are we going to be able to truly build longer-term growth in the global economy. It is also the case that there is a massive demand for infrastructure. Governments haven't got the money to be able to deliver it. The private sector is a washing cash. They are looking for these sorts of projects. If we get our collective act together and having standardized rules and standardized documentation, and in so far as is possible to have things like similar access regimes to utility markets in developing countries as it is in developed countries, to get that together, then you become a de-risk investment in public infrastructure and de-risk the engagement process for the private sector. Now, these are all common sense. And the final area is financial reform. You know, there's a temptation after a crisis to blame someone for governments. We even do it occasionally. And understandably, in the wake of the global financial crisis, financial institutions were blamed. So the response of governments has been to announce more regulation, either unilaterally or collectively. We're going to do this. We're going to have new regulation for that and so on. But the more regulation you have in the flow of capital, the more expensive that capital can become or less accessible or ultimately just adds to the uncertainty of that direction. So working closely with Mark Carney, who I met when I was in opposition a few years ago when he was in Canada, we formulated an agreement that we would nail down the priority, the real priorities for the FSB. I mean, the FSB had 73 work priorities. That was the legacy of the global financial crisis. Finance ministers, everyone kept saying to the FSB, you've got to work on this. You've got to work on that. 73 work priorities is no priorities. So I asked Mark Carney, what are the big ones? What do we have to nail? And too big to fail. Shadow banking, Basel III, there was a handful that needed to be nailed and over the counter derivatives as well. And we nailed those and then the rest of it, well, as far as I'm concerned, it can fall off the table because we've got to deal with the priorities and then get on with things. And the sweetest sound that the G20 finance ministers was Mark Carney reporting back with the central bank governors to say, we're drawing a line in Brisbane, the Brisbane line. That's when we stop looking back and start looking forward and we will deliver. There's a couple of outlying things, and we had to get a couple of countries over the line and that takes quite a bit of effort, but not only have we got a great team, I've got a persuasive style. Okay. All right. That's clear. All right. Let's take some questions, three questions. Yes, ma'am. Please wait for the microphone, identify yourself and do ask a short question. Thank you very much. Barbara Matthews of BCM International Regulatory Analytics. My question is short. Why are you so optimistic about the effectiveness of peer review over a five-year time horizon when the recent history, whether it's in the G20 in the mutual assessment process or more spectacularly in the Eurozone with the stability and growth pact, suggests caution might be advisable when relying on peer review to incentivize governments to override domestic political constraints to meet an international obligation. When I talk about peer review, we're working with the IMF and the OECD to undertake that review. So we'll all be exposed. And I would hope and expect that everyone would sign up to that. And as much as we don't necessarily like every statement that comes out of the IMF and the OECD, it's effective. Transparency helps to deal with, you know, the challenges. I think part of the problem in the past has been there's been a lack of transparency about performance. And if it's transparent, and that it's not just for you, but it's open to everyone, then, well, you know, certainly we want to benchmark ourselves in Australia against the best in the world. That's what we want to do. That's our benchmark. Other countries might have different priorities. And sure, other countries have got many different challenges to us, but I find it... transparent and forthright approach of the OECD and the IMF on things helpful. Okay, great. Yes, sir. Press question. Thanks, Matt. I'm just wondering with the World Economic Outlook downgrade over the last couple of days, the U.S. economy is strengthening, but Europe and Japan continue to struggle. Can the world economy take over and do okay just with the U.S. via power alone? Well, it helps, but I'm not as bearish as many others about China. Yes, there will be some measure of volatility, but what matters most is the determination of individual governments to do something that involves structural reform. And what has been most encouraging to me sitting around the table at the G20 is the reform agenda of various countries as they've outlined, but in a number of cases actually delivered. Now, there is domestic reform in China, and, you know, when Loji Wei goes through the list of reforms that they're undertaking and not all of them are public, it is, to me, encouraging and represents and I know from various other sources on the ground that they are being implemented. Therefore, I am not as pessimistic about China as some others. Of course, they're going to have property bubbles and various other things, but overall, it's a reformist government. In Japan, again, it is a reformist government. Now, people in some cases have been skeptical, but, you know, you look at the numbers, you look at what is the example in relation to indirect taxes in Japan and you say, this is very encouraging and in our own negotiations on a free trade agreement, we saw Japan go further than it had previously done and that's encouraging. Europe's a bit different. Europe has its own challenges and many of you will be familiar with those and I wouldn't venture an opinion on Europe, but the United States I think is showing good signs of growth. But again, the old ways are not necessarily going to be the new ways. You can't look at the global economy from the rear vision mirror. You have to look forward and tomorrow is better than today. Today is better than yesterday in the global economy. You didn't talk much about trade, but we talked a lot about it earlier and I think since you mentioned Japan, I think the best thing that we can all do is try and persuade Japan to open its agriculture market to get TPP done and move that agenda forward. I think that would be a huge contribution. This is more a bilateral conversation than a G21, but trade is clearly an important critical engine of growth. Well, it's hugely important and after the GFC there was a tendency for some countries to put up protective barriers. And there is still that danger in number of jurisdictions. And that's why, to be honest from my perspective and Australia's perspective if multilateral negotiations aren't moving, we will go into bilateral negotiations aggressively. Because ultimately if you expand the market for your produce and if you can do anything you can in order to have free trade around the world then that is a big step forward. And particularly in Asia I mean it's Asia will be the growth engine of the world over the next 30 years and beyond and there's a lot of entrenched politics in the region, historic politics people have been beating on the doors of the Europeans in relation to agricultural barriers for years. Well we haven't gotten used so let's get on with it. Good, agreed. Okay, one more Alan. Alan Alexandrov the director of the Global Summetry Project among school at University of Toronto. That's a great town. Thank you. Matt earlier mentioned that he thought the G20 had moved beyond the debate on physical consolidation which was really at the Toronto summit a little bit of Korea but really at the Toronto summit and that it would appear that you've gotten everybody on side with respect to growth, the 2% target and so forth. Are you confident though that you have on board for instance in the European which I noticed you stepped the side on particularly with respect to Germany and its impact on within the Eurozone but more generally on the argument about growth as opposed to physical consolidation. So you're asking me the European question again. Yeah, look the fundamental point is this I can look I've got all these bells ringing in my head here. Germany was initially the most cynical about the 2% target and Wolfgang who I have an enormous amount of respect for and is very much the elder statesman of the G20 finance ministers was concerned that putting a number on growth was a target that may not be achievable and it's fair to say Germany is amongst now the strongest advocates for what we've done and you can understand why because he wants to see the structural reform that we talk about and in a sense fiscal stimulation is an easy option I say in a sense I don't want to overreact but the countries that did undertake fiscal consolidation and did have structural reform are now getting the benefit in partnership with the IMF to some degree and countries that haven't undertaken structural reform and haven't had that steely determination to change are continuing to lose effective control of their budgets. Fiscal reform and fiscal consolidation is a discipline it's a discipline on government it's a discipline on parliament it is a challenge in Australia because we have some people that say more debt is not a bad thing and comparatively we have low debt that is a narrow minded and short sighted approach because anyone who's an expert on the future could only understand that you don't know what it looks like and in that sense fiscal consolidation as a plan and fiscal consolidation as a deliverable is an important discipline on communities and on government and it effectively pushes you towards structural reform now this debate between structural reform and fiscal consolidation is nothing new but I understand where Germany is coming from in arguing about structural reform in Europe and a number of economies that have not had fiscal discipline have failed to have significant structural reform there is a temptation to turn on the tap particularly at this moment I'll leave that to the Europeans to work out but from my perspective what's more important for Europe is a real commitment to structural reform and it covers labour relations that's a big one and there are other issues in relation to competition and also I know Mario Draghi is doing a terrific job in endeavouring to have appropriate stress tests and transparency associated with the banking system in Europe but you can see the recovery in the United States and the banking system and banks compared with where the European banks are at and you ask why and you start to get some of the answers to the questions that you asked ok well terrific you have a busy schedule we want to let you go but really terrific tour de force and tremendous capstone to our event today so please join me in thanking Trevor


Hey guys, welcome back to coming in TV the only place on YouTube. We're all geek culture collides. I'm Shannon and today on the show We're taking a look at the Shazam Funko pop collection. This is from the pop heroes line as you can see This was supposed to be from the Funko pop or from the Shazam movie But with it being from the pop heroes line I'm almost wondering if it's just from the comic books a Lot of us were disappointed whenever Funko announced these out because As you can see it's got everyone in their Shazam costumes and Forms and it was never really announced that they would be in the movie in their Shazam forms So a lot of us were disappointed that Funko was spoiling it for us However, as you can see Says pop heroes on here rather than pop movies So They may not have spoiled it for us We'll see They may end it with that they may end the movie with that I'm not sure The movie is supposed to be based on the new 52 Origin story for Shazam But in the origin story Shazam took on Black Adam and Dr. Savannah Sorry guys, I had to look it up even though I'm a somewhat of a Shazam fan It's hard to keep all these names straight And I've never really dug into the comics that much. I really just Like it, you know, I like him as a character Like his costume Like the design like his Origin and all that so I've never really kept up with the comics I have a few quite a few comics in there in my collection that I have not yet been able to Read So anyway in the comic Shazam takes on dr. Savannah, but mostly he takes on black Adam and he had he's forced to Get help from his family the Shazam family Freddie Mary Eugene Darla and Pedro Which are his adopted siblings his foster siblings, I guess you would call it So anyway, let's go ahead and dive into these guys and take a look at him As you can see the background on each all six is the same you have the Shazam lightning bolt We have pop heroes number 260, which is Shazam He is referred to as Shazam on here because like I said, this is the new 52 Version of Shazam pre new 52. He was known as Captain Marvel We have 261 which is Freddie 262 which is Mary 263 is Eugene 264 is Darla 265 is Pedro Now let's go ahead and pull Pedro over here a minute as you can see This was slightly damaged as the first one I saw it was the only one of Eugene that GameStop had at the time. So I grabbed it But then I discovered that they would have more of Eugene at the north side location, which is where I got the other two Shazam and Mary I ended up finding Darla at the other GameStop But I digress I'm getting off topic as you can see There's all six of them very nice Side In the front now just like with most pops of this they are the same all the way around Other than the character displayed on them So we won't be getting into that. Let's go ahead and open them up and take a look at the pops themselves All right. So here we have The Marvel family or Shazam family is what it's now called Since you know Marvel has laid claim to the Captain Marvel identity with their movie It's even easier now for The two characters to be confused Because more people are being introduced to Marvel's Captain Marvel through the movie DC has gone with just Shazam and now in Continuity it isn't just when Billy says Shazam that he changes But he has to mean it He has to say it with emotion with feeling in order to change So he can introduce himself as Shazam without change without fear of changing back But he has to actually say Shazam You know in order to change As you can see sorry guys, I've got to Get the boxes It does look like Eugene and Shazam Have the same body sculpt the only thing different are their heads And the way I know that is because of the haired styles Eugene's is more combed more to the right while Shazam's is slipped back It also looks like Pedro and Freddy have the same body sculpt But with different heads Now when I took these guys out of the packages also should be noted that Darla and Mary have completely different sculpts all together But when I took these guys out of the packages, you will notice Darla and Mary both come with stand display bases and That's seems to be Recurring with all female characters in pops now they do Stand fairly well without the display bases This but as you can see they do rock a little bit. So that's why Funko included these Still if you want to display them without the display base As you can see you're more than welcome to they can display quite nicely However, if there's too much vibration or too much shaking whatever Maybe a loud clap of thunder They may fall over So just be wary of that We're gonna go ahead and put them back on their display bases actually That was Mary's and the way you can tell which one was Mary's and which ones Was Darla's because Darla's peg is closer To the center of the base where as Mary's Is further over to the side, but I really love the detail on these guys You know, I the the costumes growing on me I do like the old style costume a lot better But It's really nice They should do a variant of Shazam with his hood up though as with most pops Shazam's head does turn all the way around as does Freddy's it's kind of tight, but it does Mary's Does as well. I was a little concerned that her head might Get a little bit held up by her hair, but it does not it does turn all the way around Eugene's does as well as does Darla's and As does Pedro's So there you have it my friends on this first pop review of 2019. It's been a few months Since I've done a pop review. I wanted to wait until I got an entire line To do one In the future I may or may not wait I may just do one when I have a few of them. I may even do an individual pop review Who knows views on my pop reviews are going up So I may bring them back Only time will tell You can let me know if you want more pop reviews in the comments below Make sure you leave a comment and let me know what you thought of this review Which one is your favorite from the Shazam family both modern or rebirth era new 52 era and pre new 52 era Shazam will always be my favorite however Therefore time Billy did take over as the wizard the well not really the wizard but the guardian of the Rocky of Eternity and he got all the powers of the wizard and Freddie ended up becoming Captain Marvel He was for for the longest time can called Captain Marvel Jr Then he actually became Captain Marvel the same costume and everything just you know Advanced in rank I guess he'd call it But anyway, have a good one guys and take care If you enjoyed that video make sure you hit the subscribe button right there So you can stay up to date on all things geek culture Also, make sure you check out one of these two playlists on the side for more videos Just like the one you just watched I'm Shannon for comic getting TV the only place on YouTube.


Hello everybody, I'm Lance and today I wanna talk to you about doing pushups after sitting all day. So there are some things that you need to consider.  Oftentimes I'm gonna recommend if it's really important to you you do it first thing in the morning because one, then things don't get in the way and, you know, like meetings don't get scheduled or kids don't have to come home early from school or whatever it may be.  If not, if you're working out after work, which I choose to do because I'm disciplined enough to set aside the time generally, then you have to consider some things.  So you have to consider that, right? I don't wanna run into do push-ups with a locked up body. I need to unlock things first. So the, the general rule is you want to warm up before you do your push-ups.  One of my favorites is this lower trunk rotation exercise where you lay on your back, your knees are bent up like this and I just ring my whole body out. So I look at this palm back here and I let my feet come toward the camera. And then I switch sides. And you just move really, really slowly. It's almost like this yoga mentality where you're just trying to teach your body how to move again, introduce some control in your movements. You're going really slowly. Just like that. Another big one that I like to give people is the rock back breathing. So I start hands and knees, I tuck my hips just to feel my outer lower obliques like this.  Not super rounded out like this. I'm just trying to maintain a little bit of a hip tuck.  And then I just like to hold this one for breaths. So you do that one, you're looking for the upper back to expand. You're not looking for any crunching. That's the biggest thing that people will mess up here. What else? I like lunging. I like lunging for everyone because when I take this little hip motion like this, I can even throw in a little reach down here and then twist my upper body again. And that's that same idea, right? I'm not doing deadlifts to warm up for my push-up, which I suppose you can do because you do want your heart rate to get up. But ideally I'd like to elevate your heart rate with some movements that are moving you from side to side. Maybe things that you do on one leg or split stance or with some sort of offset. You could do farmer carries where you're walking.  You could do suitcase carries where you're not holding both weights, but you're holding just one weight down by your side there. That cues some of that oblique. Generally though, it doesn't really matter. You just have to warm up, right? You have to move around. You have to reteach your body how to control its movements.  And then your shoulder is going to start to hurt or your elbow is going to start to hurt or your head is going to start throbbing. You're going to get dizzy when you come up, anything, right? So those are just some thoughts, just some assistance for if you're trying to build your push-up after a long day of work.


Ukrainian Armed Forces 14th Separate Regiment have discovered and struck heavy combat equipment and the headquarters of the invading Russian army. At Krasukov-4 Radio-Electronic Warfare Complex, Buk-M-2 and Buk-M-3 anti-missile complexes worth $40 million each, the M-21 Grad rocket launcher system were struck together with their crew members in artillery strikes. Moreover, a missile was fired at the headquarters of the Russian Armed Forces Special Forces unit. As a result of the strike, the headquarters was blown up, while the invaders in the headquarters were killed. Those nearby tried to escape by fleeing from the area.


Parts of a paragraph. A paragraph is a group of sentences that develops one main idea. Here is an example. My name is Maria. I am a student in Project Idea. I am from Mexico. I'm studying English. I want to be a nurse. Project Idea will help me learn English to become a nurse. That is a paragraph. Parts of a paragraph. A paragraph includes an introduction, body, and conclusion. The introduction is your topic sentence. It's your main idea where you introduce your topic. In our example, my name is Maria is our introduction. In the body, you explain your topic. You give supporting sentences and use supporting details. In the example, I am a student in Project Idea. I am from Mexico. I'm studying English. I want to be a nurse. That is the body of our paragraph. Your conclusion is the concluding sentence. This is where you restate your main idea and you finish your paragraph. Project Idea will help me learn English to become a nurse. That is the conclusion in our example paragraph. All together, we have a paragraph. We have the introduction, body, and conclusion. Things to remember. Write a title before you begin your paragraph. Indent the first sentence. Indented means to leave a space. Use capital letters. Use periods. The end.


The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll-free at 1-877-927-6648. Part of the One Basil Chapman here. This is the Tiger Technicians Hour. My pleasure to be here on this Wednesday, the 26th, and of April. I'm just trying to get something set here. Is that what I've got? I'm not sure. Okay, I've got that organized. So the Dow right now is up 9 points at 33,538. So we've seen the Dow go from being extremely strong with a 9-period moving average extremely strong way over the 14-period to a sell signal yesterday having closed underneath the 14-period moving average. But we still have not seen the 9-period moving average as green line on the left side chart right here cross underneath the 14-period exponential moving average which would then, my charts are showing aren't they? Yes, which would then do two things. Number one, if there's a slide further down from here to the 30,000, say 400, probably that's going to, I haven't done it yet but no, charts are not showing. So let me do this. I'll do, I knew there was a problem right there. So I've got that, I've got that, go live. There you are. I'm sure you can see the charts. Okay, am I correct? They're saying yes to charts, no, yes, no, yes, no charts. Yeah, there it is. Okay, good. We're all set. Let's do that again. Dow's down 11 at 30,519. You see this little channel that I drew in there? We closed yesterday underneath it. We closed under the 14-period moving average. So I had to start to include all these technicals like the MACD crossing negative, the stochastic crossing under 80%, now it's at 57%. On-balance volume was very weak. Relative strength is weak. It was only this nine-period moving average that was holding up the market over the last week in a little bit and that's really important. I suspect if there's a lot of weakness today, by Friday we might see the nine under the 14-period moving average and that'll upgrade from a cell signal to a cell mode. I should probably call it downgrade because it's going down. But look at this and the weekly chart got repelled with the inside track repellent area. But have a look at this. Here's the S&P up four at 4076, that's even with I'm sure CMG, I'm sure Chipotle. Chipotle is in... I haven't updated this. So I had drawn in a long time ago. Isn't that interesting? I had drawn in a left-side, right-side price time match and it said based on this inside wedge target resistance line and the plum line that I chose as this particular candle at peak A right there. I wish I had looked at this. That would be by the week of the 21st of April. There was a chance that we could get very close to or even touch the high that was made back in September, the week of the 24th of September 2021 at 1958.55 and known behold today, Chipotle is up 247 in 2026. Oh my, what a mess.  I just did not stop looking at it a couple of weeks ago when I had the instant restart in the daily chart and the monthly chart also had this cup formation. Is this an F or a new leg B? Well, you don't have to decide yet because this is still... The whole month has to be closed. We've got another couple of days to go. Then we can do an analysis on CMG1, an outstanding move. All right, let's get back to our story. So I think that there's a chance that Chipotle is in the S&P and the S&P right now as we were speaking is up four points. But I've gone from a cell, it's at a cell signal even though the line is still above the 14 but look at the angle. This angle says there's a real good chance that it's going to close below the 14 and change to pink from green. The magnus week, the stochastic is weak. The on balance volume is holding quite nicely. Retro strength is starting to weaken. So for subscribers, because we've been long and aggressively wrong along the Dow over the last week or so we've been taking money off that. We've got our core position from October, the October exact low. But actually what we're looking at here is that we went short via the S&P, three times short, the S&P, SBXS on the 19th, I believe it was, the day after, the day that confirmed the peak F-top at 41.69.48. And we're just lower the stop and we'll just make sure that whatever happens because that strength said that there could be balances in the Dow and the S&P. Look at this, the QQQ yesterday closed underneath, I think it's two days, no it was yesterday, closed way underneath both the 14 and 9 period moving average and it crossed to negative. There's the S meaning sell, Alice go long, S is either short or sell. This is just an indicator, you don't have to do that. I'm just saying, this is what we're looking at. And one of the things I was saying yesterday if you took the 321.63 high at the beginning of April, the cup formation and the retracement to 321.42 misses by less than 25 cents for making a new recovery high. Look how weak all the technicals were and that's the reason why I said just got to be real careful here, we've got a cup formation, it could turn into an arch formation. So these are patterns that I talk about all the time. I'll be doing a lot of work on these and I'm going to demonstrate them in my webinar coming up a week from today. There are basically three patterns that I like to monitor besides all the others, the rectangle formation, etc. but straight line up, straight line down, cup formation, arch formation, the market does this all the time. Oh, the cup could be a V shape pattern and the arch could be an inverted V but basically you're going from one point down and then back to that point. How does it deal with that point when it gets back or in the arch formation? How does it deal with an F side low? Why did I make this read? Because this pattern called the dreaded H says if you come down and then you're rally and then at a peak A or B, the first or second peak you start to fell and you take out that F side low, look what happened there, there's the arch formation. This is a peak A and a peak B, it goes to B minus because it failed over there. You can go a lot lower if you take out and close below that left side low. So we'll see what happens because the most important thing is you've got two sessions, maybe three, in which to close above the left side low. In this case, 312.57. We're at 313.36. We're above that right now. That's a good sign in this particular point days. Young, we'll see what happens. So, as a sense, the QQQ is already in a cell mode. Cell mode because it's the nine-period moving average has gone below the 14-period moving average. We're going to be watching this closely. That doesn't mean to say, oh my God, cell mode, that's the end of the world. It just means it's upgraded based on the pattern. The pattern can change to the very next bar. But that's what is at right now. And if I say that, I must tell you, the weekly chart is still extremely strong. In all, look, look at the weekly chart, the cup formation failed under the previous high of 334.42. That's his consolidation. But have a look at the S&P, the S&P itself. Look, the technicals are still pretty good. And if you look at the Dow, the technicals are even better than the weekly chart. Look at this, the technicals in the weekly chart. I'll be back in a moment. Dow is down 86. S&P is up $1.70. If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. Are you looking for a way to consistently add winning trades to your portfolio? Tommy O'Brien is here to help. Tommy O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tommy O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tommy'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 advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tommy 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. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors. With live programming hosted by a variety of professional traders during market hours. The Tiger's Day. Available to all tigers and tigers 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. Hi folks, so the IWM the Ross of 2000 is making this arch formation but much lower down than the others and that's really not a very good sign at all. So at 171.87 down $1.23 oh it better hold 170 otherwise it retests that low of 167. Let me just say 160 167.46 that was made back at end of March. Now we go to Gold and Gold is up $4 at 2009. Now this is fascinating because I've considered that Gold is now in a consolidation phase. It's in this rectangle between 2000 and I think it's 47 let me just say 34.2034 and I would have to say 1976. It's kind of stuck there holding very well when you consider the big move that it's had. If you look at it together with Silver Silver is now trading up 0.35 at 25.23 also just stuck there holding above the 14 period right on the 14 period moving out the 9 is over it but they start to weaken I would I would be looking at this and saying probably 24.80 what is that high 24.73 yeah the 24.80 to 24.50 now to support that's you're going to see a bit more decline in in Silver. If you look at nest that I showed you high grade copper had a horrible session it's not very good today it's up a penny at 3.86 just not doing very well it's made this dreaded H pattern it looks like it wants to take out this left side low of really March the 15th now March this is 16th or 15th 16th the low is 839 and yeah it is at 8 at 3.86 it looks like it wants to test it in the daily as well as the weekly chart even the monthly chart now this is going to be very important why because we're looking at I just want to do crude oil for the moment because crude oil is also very weak see we're seeing weakness right across the board and down at 30 at 75 76 and crude oil natural gas natural gas is trading sharp below a down point to a reason why I said I don't want to touch this is because something is deadly wrong with this natural gas contract as I'm sure some points in our huge move to the upside until then I it's it's just terribly dangerous within the context of the currencies the dollars attempting each time attempts to rally and then fails and attempt to do that yesterday hit the 14-period moving average of 101.89 now it's at 101.06 down 78 so it's not acting well at all if you look at the EUR USD and this is what I was saying the other day that the currency the Euro is actually doing way better the Euro usually goes in the direction of gold not necessarily the same proportion just the projections are kind of parallel they moving to the upside so it's in the cup formation it's nicely over the left side low of earlier this year the weekly chart is in monthly chart is in leg B the weekly chart is in leg F slash B we're at leg D and the daily charts had a spectacular move if you look at the EUR USD that's the yet that's our UR just like that USDJPY there we go USDJPY make your peak E you're pulling back it's done way better than the dollar these two usually go together the dollar and the yen not in the same proportions just kind of the same direction and now it's made a peak E and pulling back we are in a very uncertain moment and the reason why I can say that is if you look it's not so much look the treasury bond ETFT TLT this is a 20 year treasury bond it's actually 20 or more years it's still in the range I said this weeks ago I said watch out it looks to me like bonds especially the TLT are just it's trading within the range of 109 on the top side 103 on the bottom side it's just there it's just there it's not yet doing anything on the upside now what's fascinating is I had a question about IEF IEF is this is the IEF I can actually read it it says daily I share 7 to 10 year treasury bonds and look it's in this cup formation basically it looks not dissimilar to the let me just do this right here not dissimilar to the TLT but slightly a slight variation on that pattern basically it's still stuck in a range that 200 period moving average and how important is that in my webinar coming up on a week from today I will be discussing what's the implication what's the success of a 200 period moving average in just having it on your chart and ignoring it until you need it it doesn't help is it there it's just messy I don't like messy things on a chart although some charts I keep the notations there just because the study process that I have for subscribers and teaching the techniques but basically look this 200 period moving average in the IEF look how important it's been at one point I'm just going to go back back back I'll go back as much as I can here we go at one point it was trading above and then it pulled back look here it is nicely above and then look how long it just hugged that line all the way through 20 21 from about late September into January almost January of 2022 that 200 period moving average became a magnet it was a support level than a magnet as there was a sine wave as it went wiggling yo yo yoing up and down over and under over and under and sort of broke down and since the breakdown on the 29th of December 2021 that IEF chart has not even come close did you even need a 200 period moving average up until just recently no but wait a minute my rule of thumb says when it starts to be when it's very distant and then it starts to get closer and closer and closer and closer then all of a sudden that 200 period moving average becomes a magnet and then what does it do it produces this sine wave up and down up and down trading range and this is 99.37 that's your midpoint and yeah you are just fluctuating so I don't see I've been saying for a while that from my eye I believe that bonds are just stuck in a range for now so bonds are really not an issue there are other things on issues I did that I did crude oil I wanted to let's just go to Microsoft Microsoft came out they blew away earnings everything was just great had a big spike up up 19 right now to 294.75 hit 297.30 earlier on and this is now a recovery high look at the weekly chart I can call this an F a G slash C the technicals are so strong the stochastic is flat we might just go sideways if there is any digestive phase and then still make a D beautiful cup formation I had this cup formation drawn in left side right side price time match saying that the high that was made the week of August the 19th 294.18 sums down to the 210 level I drew this in and said inside we're just correct excuse me by the 14th week of the 14th of April we should be retesting that high well what did it do the week before it went to 292 sorry 2 yeah 192.08 pulls back and today broke above it isn't that fascinating I'll be back in a moment down 164 SMBs down 8 the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and 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 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TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8.30am to 4.00pm 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 8 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 for more information just click the thinkorswim banner on the front page of TFNN.com let me just do this because I'm not able to forget GT just sent me a note saying I can't just read it quick enough let me just move this over here wrong computer let me just move this so what did he say BYDD yes now I'm not sure if he's long this is BYDD company limited electric vehicles in China this is one of the only electric vehicle companies other than Tesla which at this point I still wouldn't be looking at on the long side that I thought was a viable a really viable company that I at least have been following I used to have this notated I had this notated going all the way to D then it fell sharply and then I forgot about it went to an E in the monthly chart they're trading right now at 59.08 and the monthly chart is in this kind of a rectangle formation the weekly chart has started to improve it went to a peak D remember peak D in the fourth highest peak in the Chapman wave that's what we always like to see a buy signal upgraded to a buy mode meaning that you should go to at least four higher peaks and other things can happen it did that but it pulled back very sharply more than 50% and now it's back at 59.03 I like this I would still say if you're trading Chinese stocks you've just you've either have to have a longer term outlook or very short term and take your profits and get out and start every day fresh so this could be an E slash B but I'm calling an E at the moment in the daily chart so yes it is very nice I think it's also going to be stuck for a little while between the 60 maybe 62 and a half 63 area on the upside and I would say it's got pretty good support in 50 is it 59 right now between 55 and 53 so yes trading it that way or maybe I usually use options that's a good way to do it question about PCT PCT is pure cycle tech Inc. recycles contaminants into pure polypropylene so what we're looking at is this an arch formation in the monthly chart and it took out the left side low so this is trough a I think that's a B and CD so this is saying there's a lot of weakness the weekly chart says yeah you might have bounced a little bit but it's still looking very weak the daily chart says I think we spoke about this that that big spike yesterday and then the close near the bottom and then a fulfillment today to go halfway into the week that's really good it says shorter term this is huge gap from the low that was made at $4 and 44 44 on the 9th of March then it gapped up four days later went to peak a pulls back to the 9 period moving average then screams to leg B doji canal that makes a peak B pulls back and gives up almost all of it and starts to fill in the gap and then yesterday gapped up and today the low is so far higher than yesterday's gap up failure to the low of the day so it's this is not bad action I'm just going to say to you if you've done your homework and you're like the company then I would not get carried away just start little bits of a position knowing that if it breaks under $4 and 30 cents this thing can go all the way to three in a heartbeat but at this point it's starting to pull someone's putting some money into it because it keeps having these spikes but it keeps giving it back with lower highs and lower lows I don't like that I want higher highs and higher lows that's the reason for subscribers why I say today that we're raising the stop on a position we just got because I like I liked it on the way up on the way down if it took an extra day to try to find support and then it failed yesterday so I'm not interested it'll be a tiny loss a small position we can get back into that any time I'm raising stops I'm not getting it when we've got split positions and we've only got the one position I'm not adding that second position just yet I think this time I want to have cash ready this market is going to give us a fantastic that's the reason why I wanted to do the webinar a week from today because I think in this particular phase we're starting to look at positions that are some stocks that have shown really good tenacity to hold on pull backs and move very nicely on the upside and these are the ones that you want to be looking at on any market pullback coming up so I'm putting this this pure cycle doesn't fit into that category it fits into the category that if you've done your homework you want to just have little positions let them add up over a period of time so that if there's a sudden take down of that 430 support you can get out and yes you take a loss but I would not treat this as my big position that's going to I'm going to retire as soon as this goes from six dollars and one cent to six hundred and this is just not that stock yet so just be really careful it's still in a very vulnerable position it is trying to form some kind of so but the fact that today is giving getting back some of the loss from yesterday after that gap to the upside that's important that says there are buyers but be careful that's all I can say what you really want to see is within today's Wednesday by Monday Monday or Tuesday you do not want to see a close below five that's number one and preferably you want to see a retest of the high that was made yesterday at six dollars and fifty four cents doesn't have to be six fifty four but I want to see six forties touched in the next couple of days now say wow now now starting to build it's kind of impressive but it isn't yet the next question came in I'm not sure yes ITA ITA I hope I've still got this notated yes I shares you as aerospace and defense let me rather go to the one that I always follow which is the PPA which they look pretty much the same this is the investor aerospace and defense portfolio looks exactly the same just different prices it went to peak A peak B peak C peak D peak E and I drew in the rectangle there to show the top how important that top was and it failed under it I don't like it like the Dow and there's I don't like failures under the previous major high I want every new buy signal to buy mode power through the left side resistance and turn that resistance into future support we have not seen that that's the reason why when I did all my homework I said I think we're vulnerable to a pullback I don't know how much yet I have an idea of my mind but the mind is that's two separate things the chart has to prove that you're right and so far look what's happened the PPA investor aerospace and defense portfolio is trading at 7903 down a dollar 62 after big red candle yesterday under key support in the 80 level today it's at 79.03 and you've got your potential double top in the weekly chart and let me show you something else is what I like to do another thing I'll be demonstrating in my webinar coming up for subscribers to my opening call a week from today look at this vertical test look at that peak F what was a leg F in the weekly chart back in March the week of the 10th of March look at the MACD was good stochastic was still over 80% on balance was really good look what's happened here and that doesn't say oh my god that's the end of the world it just says this side is way weaker you deflected lower in the MACD didn't even cross positive it just deflected lower stochastic is now at 67 on balance for them still good and the nine period given if it happens for another week or so that nine period reaping average will finally be negative so I'm just saying be real careful in this area and I think I have to put Boeing in this area obviously Boeing is holding okay it's up $5.08.03 look at that weekly chart it's just kind of steady I'm keeping my eye on Boeing because I think for the next week move up maybe this time Boeing will really participate I'll be back in a moment I've downshot 17 as to be down to Basel Chap and Tiger Technicians hour the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and 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 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 and a lot of 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 biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade LABU BD Directions daily S&P biotech 3 times bull and bear ETFs visit Direction Investments.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 4-side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ I just wanted to show you how a technique that I use very often I look at rectangles and it's surprising to have a very narrow range you can get a long narrow rectangle and what I do is I count the peaks etc but if it pops just once after a while it pops above the upper trend line resistance that's the rectangle horizontal line resistance and then takes out a midpoint horizontal line what we're looking at is the chance that you're going to go underneath test or break the left lower trend line and go sharply under it and then maybe come back to retest and then you're going to see what strength is larger rectangle as other connotations so what do we have we had from yesterday just as about the close when there was that pop-up just before the close and then we ran up to the 41 I think it was 15 let me just check the 41 16.25 high and then you made a 41 08 low and it stayed in this range all the way through and then went to a peak D just a fraction under that trend line resistance and then it took out the low and then what's the rule of thumb it tries to check to say it happens so quickly it doesn't get a chance to say goodbye to its friends it has a little pop-up and then that halfway line becomes the test and if that halfway line is not exceeded you can go back down in the arch formation and there it is the arch formation so we went to the left side I like to do this I do it more as an experiment because it's almost impossible to say it's such a long period of time I have a particular either I can see visually an arch or a cup where I can say that is definitely the plum line that I can use from counting the number of bars from the left to the right otherwise I have to use a particular candle I always try to I try to I have very strict rules and I can use some of the rules but you really don't want to make up rules as you go along because then you've got what's the use of any methodology if it's so flexible that it doesn't really have rules so I did this I made this particular count right here at 20 minutes bars 12 I did this much later on because I was sleeping at that time well almost about to sleep and that was the 4108 low 4108.50 and I said if I take that and I do a measured move from the left side to the right side where would I get to and I just left it there and said let's see what happens in the morning I forgot about it in the chart of whatever it was we were following just a moment to go what was oh CMG right and then I also showed you the cup formation in let me just have a look here because I've really forgotten what it was cup formation in one of the charts so all right what I did was I drew that in and now we're over here we don't know anything about this particular one and look where it went it went right it was a bar late in a 10 minute bar it was a bar late using this is the plum line but it made a beautiful arch formation with nice symmetry I didn't expect it actually to test that low at that time when I woke up it was actually over here it was before it was like I was there when it just flipped to an S from an L to an S meaning sell and there it started coming down we were already in the 41 oh 8 area did I think it would test the 4091 well it did so then what happened is we made the cup formation arch formation sometimes you switch between arch cup arch cup that's the side wave pattern but this one's making lower lows and lower highs and then we made a second arch formation took out the left side low and this is where we are and that just says buy later today buy maybe 130 this afternoon do 130 and 210 this afternoon if the S&P actually instead of being down 325 it's not too bad actually down 325 after yesterday's action if the S&P is trading about 41 oh 8 to 41 10 this is the E-mini there's a chance that there's a little there's a kind of a comeback later today and that's the reason why I said that 9 period moving average way over the 14 period moving average still gives you reflexive upside action so we're going to be watching this very closely obviously a move below 40 I'd say 4070 says huh forget about it not today folks so we're going to be watching that very closely here's the other thing I wanted to talk about so did I do that in you question about in you or I've got the chart of meta platforms right here it's up $3.64 he made in Chapman methodology made of G C the reason why I have an alternate count there is that the MACD and I'll talk about this as well was flattening out but the 9 period over the 14 was so strong it said can we just keep the alphabet going you don't have to give alternate counts until you get to G we always are making a rule now one of the few rules a couple of rules that I've changed from my CD introduced in the Chapman methodology book that said you from an instant restart that's where you can have an alternate count in this case it was not 3 bars but 5 bars from that PD that took out but everything about it said that if this 9 period moving average is very strong just keep counting alphabetically up and there often you find at GCSE there's a cup formation and then there's one pop to a D and that's where you get the big sell-off and it's a leg D going to a peak D in the weekly chart so meta says it's been a spectacular move from under 100 to the 220 area now it's a 211 how it pulls back in this particular consolidation I call it a digestive phase that we're in right now it's going to be important but 202 is the 9 period weekly moving average support 192 is the next one I'll be going to go that deeply because it will take time to do that I don't know yet but I can just tell you this based on the lower lows and low highs if meta takes out 205 as 205 support there's a real good chance that this whole gap and the low that was made in the 202 to let's call it 197 area that's going to be the next target I don't want to draw it in now maybe when I do the one o'clock show I'll have a chance to do it and then I was about to talk to the issue I shouldn't have done that I wanted to change it and I saw meta I said let's just finish this chart right here oh I know what I want to talk about so a couple of questions came in about oil is this the time to be buying SCO SCO I'm typing the wrong place let me type it here SCO goes the opposite way of oil SCO is the United States this is the pro shares of the United States oil fund when oil goes down this goes up so you know the person who asked me that I know that you've done this many times before you're not unfamiliar with the whole process you're unfamiliar with the fact that oil can have very sudden moves like any commodity overnight things can happen but I must tell you that I looked at this so closely the other day because I did hear talk about oil speed up the hundreds etc I don't see that I think oil is stuck and I'll tell you between oil a high grade bonds a high grade copper and wood the ice is global I think there's a slow down economically worldwide that's really what we're looking at so I'm just going to say yeah I'll talk about it when we get back I don't want to TFNN has just launched their new trading room the Tiger Zen hosted at Discord TFNN has been educating traders for more than 20 years with live 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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 Think or Swim For more information just click the Think or Swim banner on the front page of TFNN.com Let me just finish this here quickly this is the right side price time I'm just doing this it says that by 11 o'clock that's another couple of minutes five minutes or six minutes we should be testing the 4095 area to 4096 so we'll see what happens there and key support now is at any point to the next to 20 minutes if there is a two bar trades under 4086 that says there's a problem it's just really stuck can't get any upside traction at all a couple of questions came in and I don't know if I can do it now but I'll be back at one o'clock in another two hours time and I will do them so the question came and so PCT if I could look at it I'm just going to make it real simple if PCT trading at six dollars and four cents by within the next I'd say it the next two and a half hours if it actually starts to trade and hold for 20 minutes above 624 there's a chance it could try now rather than wait to get to yesterday's high but it really has to hold there because if it takes out 580 support that's a problem. Next question was just running through this quickly yeah please review the 60-minute chart of BBAI so let me just do this here BBAI BBAI is bigbear.ai holdings trading off the peak DTOP that was made in exactly the left side right side price time match to the $3.63 area pullback yeah this just says $2.36 is the $200 moving average you can't get away from that so folks I'll be back in the meantime if the S&P which is up a dollar right now is able to get to about a plus 10 plus 12 by G10 I'll be back before then by G10 we could have at least a nice recovery bounce today into the close but this says to me it's really struggling I'll be back


Hello everyone, this is Ahmed Dhan of AhmedDhan.com.  Sovereign hill in Ballarat, a small city from the 1850 gold rush in Australia, is preserved at it was back in those days. You'll be able to go back in time and experience a gold mine city. How did schools look like in the 1850s? Some schools were made of canvas tent and some made of timber cottages. Later on, there were wooden brick or stone buildings. It was not uncommon for teachers to move tent schools from one location to another based on mining activities. There were no computers, cell phones, ballpoint pens or pencils. Going to school was not compulsory and some parents kept their kids home to save money. Today, I'll take you inside a school 200 years ago. The national school you were about to visit was in much better shape than the average sovereign hill gold mine city located in a suburb of Ballarat and our drive from Melbourne. Thank you for watching this video, forget about subscribing this channel, forget about liking this video. I'll see you shortly.