looking to the east. I'm Dr. Zercher. I'm coming from Kobe, Japan this morning for our webcast. I want to introduce my very special guest for this show. The show, we're going to be looking at Japanese history and how it can inform us, educate us about what happened on January 6th in the United States. So my very special guest today is also a professor at Kansai Gaide, like myself. So Dr. Taro Tsuda. He's a graduate from Harvard University in Japanese history in 2019. So he's a new professor at Kansai Gaide. He's just completed his first year of study. Taro had focused on the post World War II period in Japan, but he has expertise also on the topic that we're going to talk about today. And that topic comes from an article that I read a couple of weeks ago. Paul Krugman, who I follow, the liberal economist and New York Times opinion writer, has a blog. And in his blog, there was a listing from Noah Smith. So if you're interested in this topic after you view the show and want to go to the source information, just Google Noah Smith. He has a blog called No Opinion. And there was an entry there that Krugman had noted called Japanese Lessons for the American Coup. And I had vaguely remembered in my studies that there was a period of time before World War II where there was a series of Japanese coups that occurred. And the article or the blog pointed out that they were actually five. And they were by right wing military members attempting to take over the government and move it in a different direction. And the focus of the article is taking a look at what happened there and seeing how it could potentially apply to what we observed earlier this month in the United States, where we had right wing elements also try and undermine the democratic process of transition of presidency from Trump over to the current president, President Biden. So that's our topic today. It's to take a look at what happened in the 1930s with a series of military coups and what lessons we can learn from that that potentially we can apply to how to manage the coup that occurred in the United States, the first one in over 200 years. The previous one was the War of 1812 where the British actually invaded. It was a foreigners who came in and took over the capital building. This time it was Americans who did it. So, Taro, thank you so much for participating in our humble webcast today and looking to the east. Really appreciate it. I think I'd like to start with looking at that period of time, the 1930s and why there was a series of coups that occurred. And maybe if you would highlight one of them so our viewers can understand what was going on in Japan at that time. Sure. Thank you very much for having me and for this opportunity. So I found the article very interesting and it's a fascinating topic. I think it might seem kind of counterintuitive because the Japanese case before World War II is a completely different time period, a completely different place, very distant from the US, very different cultural and geographic context. But actually, I think that because it seems like it's a very different case, you can actually learn a lot of interesting things from the similarities or parallels that exist between Japan in that time period and the US more currently. And so there are a lot of important differences, but also some very fascinating parallels that I kind of noticed. Yeah. So what was the context in the 1930s? Why? I mean, it's quite remarkable. You think of military coups occurring in third world countries, maybe Africa or in Latin America and there'd be a series of them one after the other. But the fact that there were five of them during one decade in Japan, what were the conditions that led to these coups? What was going on there? Well, I think there are several important background conditions to highlight. First of all, in Japan in the early 20th century had already undergone a lot of modernization and industrialization. So in many ways, it was different from the US at the current situation in the US. But it was very much already modernizing and pluralistic society. So it was basically the jazz age. It was the age of very intense urbanization and industrialization, especially after World War I. And so I think the tensions that were unleashed by this process were very responsible for the right wing nationalism that led to the coups. So a growing gap between urban and rural Japan, as well as sort of uneven development. This was the time right after the depression had started the worldwide Great Depression, which had hit Japan very heavily as well, since trade and trade was really much, trade barriers were raised by various countries. This hurt Japanese industry and the economy very much. And so the place that was hurt the most was the countryside in Japan. This was the area which supplied a lot of the soldiers, sort of rank and file soldiers in the Japanese army. So the military, the Japanese military at that time was mostly made up of rural people, non-urban people. That's actually similar to the US military as well, since the voluntary military system has been put in now for decades. Interesting. And your point about the economic tension in the country, I think that also has similarities with the United States right now with the income inequality and certainly with the COVID crisis and how unemployment rates have really hit high levels. I mean, almost as high as the depression, as you mentioned. So these soldiers who were doing the coup, I read that they were they were not high level. They were mostly low level like colonel level or who were these people who were leading the series of military coups against the Japanese government? And I guess what were they trying to accomplish? So they were, they're often known as the junior officers in Japanese history. So they were sort of lower to medium rank officers. And a lot of them were within the path that were not going to reach the most elite levels. And so it was a kind of two tiered system where there was a very elite level of military officers and a lower level. So the elite guys were coming out of University of Tokyo or high level schools and stuff? For the top military academies in OIC. And then there were the lower military educational institutions. So these were people who were not going to probably reach the top levels, most of them at least. And so there was I guess a limit to the amount they could they could rise as well as the fact that they're very shaped by the conditions in the countryside where where they had come from. And so there were a lot of they basically in many ways there was an institutional crisis in Japan in terms of the fact that the the political parties were considered corrupt in very close connection with big business. There were limited opportunities for there wasn't a lot of opportunities for regular people to rise in in politics or in the government. So there was a sense that it was a kind of corrupted or or illegitimate system in many ways. But the places that were untainted in many ways were the military itself and the the imperial house. So I think the goal of many of these officers were to purify the political system and create a system where the military was more in control with the in tandem with the emperor. And even though this isn't a very realistic kind of system that was their goal to create a kind of Shoah. This is called the Shoah period because the era name of the emperor at the time was Shoah. So they wanted to create a kind of Shoah restoration which would supposedly restore the emperor to power unencumbered by the by his corrupt advisors. So that was the kind of idea they. So Taro I mean this just jumps out at me. The insurrection such as it was organized the one that occurred in the United States this month there. I don't know if I could call it emperor worship. But their dedication their belief their allegiance to Trump was remarkable. Basically the cause for the invasion of the Capitol building was what they felt was a lost election. So I find it interesting that these Japanese military members were doing this because they thought it was best for the country and they were focusing on the emperor and the U.S. potential parallel here is that the insurrectionists the seditionists I guess you can call them felt that the election was not done in a fair way that it was a fraud and therefore they wanted to protect and encourage or support the extension of the Trump presidency. So there was kind of like an emperor worship of a sort going on in the United States. I had not thought about that before but now that you mentioned that that's interesting. So go ahead. Oh that's a very that's a very interesting parallel. I guess the main difference I would I would say is that Trump was there in the case of the U.S. and Trump. His supporters are interested very much in him as a character as a person and very inspired by his own statements and words. Whereas the emperor was seen as more a kind of distant abstract figure and they weren't so much interested in him as a individual. So even if even if this coup took place against his will they wanted to use his position or his office as a kind of to raise the status of that. So he they weren't as interested in him as a individual. It wasn't true at the time that he was still the emperor was considered to be descendant from God. Would that be a part of the reason why they felt that they couldn't directly support him but more indirectly because he was so high level that it's it would be disrespectful if they actually did something directly to support them as support the emperor. Right. Yes. There was this idea that he was descended from the gods and he himself was divine in many ways. So so in that sense I guess that as you're saying they wouldn't really relate to him as an ordinary political figure or an ordinary person. Although there are elements of the Trump support that are religious as well. There are some evangelical Christians Christian nationalists I guess who do believe that Trump even though he's not religious in any traditional sense whatsoever he doesn't go to church or talk about God that much. But for whatever reason there are elements of his support group that consider him to be divine in some some way. It's not a majority but it is a minority just just there's a parallel there a little bit. So let's let's for our audience there were a series of five different coups that occurred over the 1930s. Why don't if you don't mind can you illustrate one of them so our our viewers can understand how this actually happened and what the repercussions were if any from the coup. Sure. The one I find to be the most significant and consequential is the is the coup of February 26th 1936. It was the last one mentioned in the piece and in this case there was there was a group of officers who led a mutiny within the Japanese army. So it was the first infantry division of the Japanese army and they led a mutiny where they took over several government buildings including the war ministry the Tokyo police department and they also when targeted some politicians homes and they they targeted the imperial palace itself although they were not able to take that over and as a result of this they they assassinated several top political leaders including two former prime ministers. They tried to assassinate the the the prime minister at the time but they killed his brother instead by mistake and he was hiding in a part of his house so he managed to survive but but they assassinated several important leaders and there was a kind of standoff between the rest of the army and this this breakaway division that that had took over put these these important buildings in Tokyo and so their goals were very much to eliminate eliminate the sort of corrupt establishment politicians and leaders and to create this Shoah restoration which I talked about and kind of take control of the emperor and set up a kind of military dictatorship. How did it turn out? In terms of the coup itself it failed because the rest of the military the senior leadership and the rest of the army did not go along with their plan so I think that's one important aspect of this of these coups in Japan in the 1930s that the army and the military was very divided between this very radical fanatical anti-establishment division and a more establishment military industrial complex focused side of the military so there was a tension between that and eventually the more establishment part of the military to control and the emperor himself was very outraged by this attempted coup and was very adamant in having the people punished who instigated this so they so they were surrounded and and stopped and then eventually arrested and there was a trial several months later of many of these leaders and 17 of the leaders were executed for their role so it but it was a the reason it was important was it was a much bigger scale than any of the attempted coups that had happened before so yeah so let's let's address that why were why didn't the government respond in the way that you described for this 1936 coup to the first coup there were five in a row and I read in the article that some of the leaders of the of coups who that failed would then start another coup so they weren't executed in as in the case that you just described the last one in 1936 why didn't the emperor and the established military just shut this off the first time it happened why did it happen again and again and again I think um it's because uh well first of all they're much smaller in scale and um I don't think it got to the attention and to the um it got sort of raised the alarm bells of the emperor and his people to the same extent and so it was sort of more considered an internal military control issue um of the of the top levels of the military controlling their kind of more rebellious officers and so since there weren't as big consequences and um it was sort of considered a more internal military issue that's why it wasn't suppressed to the same extent and it takes time for I guess the buildup of these things led to um in the bigger scale of this last event led to a stronger response especially since the emperor and his closest advisors were so um determined to punish the the instigators yeah I think one thing I picked up too in the article along these lines is that in the earlier coups they were smaller scale as you pointed out but also there was a sense that uh these these junior military officers they shouldn't be doing this but it's because they're excessive patriotism they're their Japanese spirit or they're they're trying to purify that there was some sense of not punishing them that this was just a a mistake and over in zuberance right so did you is that right is that impression that I read about in the article would you agree that there was a kind of a sense of forgiveness of these earlier coups well these are rural soldiers and they're they're I understand why they're doing this but you know it's wrong but we're not going to punish them and therefore they could do it again in the end that's what happened they ended up running a a next coup and a next coup and a next coup until it culminated in this big one at the end like you mentioned I think I think there was that sense and um I'm not sure how large a percent of the population felt that way but there definitely was a significant strain in the Japanese population that supported the military respected it very highly and supported um military ventures in outside Japan sort of imperialistic ventures because another aspect of this which isn't talked about in the article is that while these coups were happening in Japan there were also cases of military in subordination outside of Japan where the military the Japanese military was stationed like the most famously the Manchurian incident where the officers blew up a part of the Manchurian railway and used that as a pretext to take over Manchuria which led Japan to come into conflict with the League of Nations and eventually leave the League of Nations so oh my yeah so as these things were going on within Japan um there are these cases of insubordination outside as well and this a lot of a big part of the population was very um uh excited about Japan ventures in Manchuria and later it would be excited about Japan's war in in China from 1937 so I think there was significant popular support and um I see support in the media and other cases as well okay all right so yeah the context of my question was within the military and the elite leadership but your answer I think interesting more generally the Japanese population didn't consider these coups as being significantly bad it was in a sense that they supported the military's expansion of power and growth now this this this 1936 coup ended up with a hundred some odd people being arrested and 17 being executed so it failed in that sense but as we all know uh Japan did become a military militarily led emperor focused totalitarian would you say I mean or is that too extreme Japan was still a democracy I guess but it led to what the coup members wanted to achieve even though their coups failed ended up happening Japan as a country as a nation became led by the emperor and led by the military is that correct to some extent um I think uh the article says that um eventually their goals were even though the coup has suppressed their goals were realized anyway um to some extent I think that's the case the military's influence grew but I think I I'd like to um sort of point out that it was a kind of it was a different faction of the military than the people who led led the coup so the people who led the coup wanted pretty much very sweeping system systemic change they were even in some sense credit critics of capitalism they want they wanted a kind of system where um there was more state management or control of the economy despite the fact that they were very anti-communist they wanted some state more state control but the more establishment wing of the military took control and what's interesting is that it wasn't that they took control as a coup they took it more as a gradual slide towards their control because they were given the task of containing these radical elements within the military so it was a kind of in some sense unintended consequence you you might say all right yes as is so often in the case of history or all of our human activity so we just have a few minutes left auto but I want to conclude by by thinking about what what lessons can we take from what we just talked about your illustration of these coups the article makes the point that these series of coups occurred because there wasn't a strict response to the earlier ones until we finally got to 1936 so uh the one conclusion is that the United States now and looking at this should very very strongly find out who was behind this because it does seem to be an organized effort even though the video when we all watched it in early January was chaotic but it does seem to be organized and planned so whoever organized this needs to be arrested and that would include the protesters and also government officials that may have been tacitly supporting them and and then of course leading to the president who in a sense incited all of this by making up the fake issue of fraud in the election so would you agree with that conclusion that looking at what happened in Japan should the United States in order to ensure that doesn't happen again because I guess if we look at Japan this could happen again in in the United States if the response is not handled properly yeah I agree that um there should be sort of definite response and consequences to these sorts of things these kinds of insurrections or break ins to uh or yeah insurrections and but I think also what's important is to address the root causes or the institutional causes of this of the of this kind of sentiment that leads to the coup so socioeconomic causes as well as institutional sort of problems in the system that can lead to this so in Japan's case it would be weak civilian control of the military was something that needed to be addressed to solve it so and then another thing is to be careful about limiting civil liberties or restricting democracy in the name of preventing these things because it can turn around and create a undemocratic system at all in in general which sort of enables the cause that is trying to prevent which happened in Japan with the military gradually gaining more and more control to for the main purpose of creating more order insecurity in Japan so those are those are some lessons that I took from it yeah that's interesting and that debate actually has begun in the United States now about changing the laws so that the arrest and persecution of the criminals who who invaded the Capitol building can actually be carried out the FBI is saying that the international terrorism laws are very very strong but domestic terrorism laws are not and that brings up the whole civil liberties issue that you just addressed well we have run out of time I told you that when we did this the half hour would go by so quickly so thank you so much for being my guest on the show and helping us to understand what happened in the 1930s Japan and also how that potentially can inform the United States to handle our coup in a way to prevent them from occurring again in the future so thank you so much and in the unfortunate case if there's a second coup in the United States I'm going to call you again and have you on the show again thank you very much yep all right bye everyone thank you for viewing our show and I'll see you all in two weeks we'll have a different subject to cover at that time thank you very much aloha everyone


What's up internet? Another live stream of Starship Troopers extermination So I did do a boo boo last Week, ah sorry. I played this yesterday, and I there was a slight mix up. I forgot to put the I Forgot to put the CD key image on the thing wait. I can't see chat. I hope this isn't monkey up with my resolution again Ahem Where is the chat window? Ah, there's chat. Okay. It looks okay there Yeah, so Sa playa magnayay Yeah, so yesterday's was popos was supposed to be my first game stream for the month But I forgot to put the CD key image as an overlay. So I played like 50 minutes of the game, and I didn't realize it so I mean, oh CD keys been a pretty good sponsor. I don't think they're super They're super anal about it, but um But you know, I figured well, I might as well Give them their money's worth and do the four Haven't done this one yet Sorry liya mula wala pa.  I think I did I just jump in on a On an active.  Oh, okay. Yeah health pack What happened Maybe I should not have vibra on oh man. This is so bad keep some Keep stabbing me out basically Copy copy Okay, I'm not really a jump trooper And I should really stick with my guys. Where are my guys? Man, why are you guys also going without me? Oh?  Oh This is my first time to do an actual capture What is going on? Why does it keep jumping in and out? Mental note to self turn off vibra before playing stop messaging me What are we supposed to doing defend the beacon? This beacon Yes, so. Ay Krabi naman Yeah, but it is a little janky because my other programs keep popping up. I don't know why Fortunately my squad seems to know what it's doing because Because I'm still alive. Oh, somebody got a rocket launcher. All right, keep it up. Keep it up Resupply and wait for orders Stop IT x addicts up for it The tiger the tigers are the ones that can take you out In in one hit watch your flanks. Oh, I I think I did do this particular mission Yesterday It's nice when everybody sticks together. It's really like Concentrated fire is amazing jump over It's always my problem with these things like getting ahead of my team But I am here now Doing my part for the Federation.  Blast him.  You are not okay Repaired miss next one. Okay lagging again May may is it better now? It's all of these bugs All right, cover me This camera is a zv-810. So it's like a real camera a helpful teammate. It's okay. I I've tried the rocket launchers.  Oh, they're just getting ammo Which is the same camera we used to shoot the videos actually build mobile headquarters All right, right. I remember this one Okay, I'm gonna try to make me a Unfortunately, we don't have a Sony supplier liam Believe me, I would have used it also if I know if we had one. All right, let's make a base Build base defenses. Yeah. Yeah Okay, this is where Let's build it. Yeah. Yeah. Good job. Good job team Okay, I'm not Not of the fortnight generation. So it's gonna take me some time but kind of figure this out Secure this wall and then I and then I want to do a turret Right, right. All right. Now. Let's make let's make us a turret guys Tower bunker. Can I make a turret? Electric fence bunker tower Man, I can't Sucks Part approaching 10 seconds into attack up up my tower Sup sup, are you on the other side? You'd be positioned on the wrong side Yeah, man, I was in the wrong side. All right hold the line Relax. Yes. Yes. We are What were you doing there other pair?  I agree heavily Heavily under attack Dagman bagam How we doing? Can we get a rocket launcher over there? Yep. Oh somebody's down there What are you doing down there? Oh? What's going on? What's going on? Yeah, I mentioned yesterday how if you played the Finest hour the Starcraft mod like way back when this is like Bet this is what the Terran Marines felt like of course. We didn't where our siege tanks When we need them Oh, oh The The Bombardier guy got me man, and I wanted to get through a mission without dying It's getting real dicey out here. Good job guys.  All right.  Let's get out of here Where's the drop ship? Through there Okay, okay.   That's really messy down here Is that the drop ship? Okay. Okay. Hold the line. Hold the line Last stuff going on Somebody die. I'm not going back out there. The drop ship supposed to open.  Let's do this Stop JC We are leaving. I died once, but I don't know why it always is like I died twice That's I hope the stream has a I hope the stream has ironed out Okay, I died once everybody else died zero times. All right, but it was not my fault There was like a brain bug thing No, like a grenade bug thing Where else is in chat? Diya magnaya.  And then pala yung ano euro truck. I would love to get my hands on an apple vision actually Actually, you know what for me the best part was na you they They were able to use your eyes as a way to interact with the UI.  You can just use your eyes. That would be super useful. Apparently apple had to make Some engineering miracles to get something like that working in their VR headset So brevin John Yeah, so this is my second stream of this game. The first one was yesterday. Although I had a boo boo Yesterday, I forgot to put the CD key overlay. So I don't think that last The yesterday's count. So I'll have to do four game streams and life is hard when you know part of the job Is you have to play here up to buhay But you got to do what we got to do.  Okay. Okay. Yeah, I just want to get promoted in This basic. What are you guys charging ahead grenade out grenade out? What's going on? I? Cannot see anything. Oh my grenade seems so flimsy Where is my resupply? There's my resupply. All right. All right. I don't understand why I can only hold. Oh, no I it's I have max grenades. They just take a long time to reload get a bill Oh Come on again Revive me. Thank you. Thank you AI.    Let's take out that artillery nice Who did that who did that?  Oh, sorry, man unable to get to you in time There's another one over there reigning death on us stick together team Where is the team? I really love when you see the tracer fire. It really makes it feel like Okay, well, I don't want to be the vanguard here. I don't want to get my K following wash Nice, did you just bring out your knife and knife those bastards over capturing? I thought I Thought we were thought we were taking out that bug.  Yo, yo Ranger, thank you It's like I kept saying let's take out that other bug resupply reload Are you? Where's coming from? Where's coming from? Yeah, but where where is the blue guy? Where's the blue guy coming from? Hey, that just live Still getting whacked by heavy artillery. Well, I don't know if it's raining hard where you guys are, but uh Where I am lightnings really going at it.  I repaired that already Roger Roger But where's the grenade deer bug? Where is that guy tossing out the blue stuff? Let's take that guy out Yeah, see like that. Let's take out the grenade deer bug. Anyway, fine Yeah, yeah, so they're discussing where this bug is. I hear you Let's uh, hi All right, these guys Look like they know what they're doing All ready. Oh there there. Oh Okay, it's gotta be on the tower Can I make the gun emplacement here? Gun emplacement. Oh, we're out now. Somebody used it already.  Sup Christian Espinosa? This is Starship Troopers extermination, I think exterminator Which side? Which side? Is it on that side? That's like oh man almost got hit by that Grenade deer bug again. Crapper. Yes, that is true Why don't I just stay inside the bunker? That's why they made the bunker, right? Yes, that makes perfect sense actually How we do it? Uh oh Oh, that's a big one Oh, we got two guys down Let me let me try to get you Ping ping ping. I'm out of ammo Thank you No, somebody got it. I won't reach you in time bro. Sorry Is there a grenade deer bug there? I can't see Some some forward operation Okay, we are outside the walls Appropriately enough with death wish Should be evacking soon Where is that coming from? I found him. I found him. Let's take him out. Still no grenade.  Let's go This rush of the dropship is really Always so intense Oh no, they're coming from the ground Yeah, I mean this really has like these uh Circle the wagons kind of vibe and hold out It's nice Masked fire. I am enjoying the Australian server.  I think it's um, I mean it's starship troopers Starship troopers Extermination, I think. All right. Good job guys Man, they just keep walking away at those guys. Did anybody get left behind? I don't think so When do I get these new weapons? I mean when when do I uh When do I get to play with these new weapons? Oh, I got the most xp. I think from that And we were the top squad too But wow, I still haven't gotten promoted. I'm still a private. Should I do one more game? I really shouldn't duck so I gotta get to my kids Time is it Oh, it's not even seven yet. Should I do one more? Oh, here here. Oh when The Hawkeye is much better Damage is off the charts fire rate is a bit lower range is much higher Accuracy. Yeah. Yeah, let's let's do that Peacemaker Oh, oh, that's now. Okay. These are some nice buffs. All right Yeah, I should really either get to my kids or do some work, but thanks so much for joining the stream Um need to do three more of these the game does look pretty good. I'm hoping to entice my friends to join And we'll have a new Video coming out this friday pretty good. Actually, that's a different take on the 40 60 Have a nice rainy day Um If you're in manila probably raining on you right now Stay safe. Stay out of the rain. Have a good week guys


The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes at 1-877-927-6648 or internationally at<PHONE_NUMBER>. The Trader's Edge. Now, Steve Rhodes. Hey, how y'all doing? My name is Jacob Shoup. I'm filling in for Steve Rhodes today. We have the Dow up 345 points. We have the Nasdaq up 208. And we have the S&P 500 up 50.15. It's a pretty good day for the indices. Usually when I fill in, I start with one of Tom's quotes, but in the wake of the passing of Queen Elizabeth, I want to share a quote that she had when she rose to power. And it says, For all of you that my whole life, whether it be long or short, shall be devoted to your service. And I think that's a really wide scale applicable thing for all of us today. I think in today's modern world, it's very easy to be cynical. I think it's easy to kind of just focus on what we want. So I think that trying to apply something like that, serving others as well is a really positive thing. We can all take after her on that. My email is Jacob at TFNN.com. If you have any questions, and our phone number is<PHONE_NUMBER>. So today we have a few things that are going on. I want to talk about Tesla. They're starting a new lithium mining process in Nevada. They purchased 10,000 acres. Robinhood has released a new investor index. This index captures how their customers are investing. It's the top 100 stocks that are purchased on that platform. Maybe we can get a little bit into quantum computing. And then also India and China have developed new nasal code vaccines that they believe are very effective and are just about to go into phase three trials. Some quicker news. The Evergrande crisis going on in China has deepened surprisingly enough. The lender seized the headquarters. China State firm takes over Evergrande's holding in the Shangjing Bank. And this was purchased at a discount of $1.05 billion versus the value of $1.1 billion. Currently Evergrande is still saddled with $300 billion in liabilities. So let's go quickly to Robinhood. So as I said earlier, they've released a new index. Let's take a look over here. They've released a new index of their top 100 stocks that their customers invest in. This is actually pretty interesting. I laughed audibly when I saw this chart here. This is the Robinhood investor index compared to the NASDAQ. Now, of course, this time span is very short. So I'd love to see how this performed prior. But this is a good piece of marketing on their end. They have huge holdings in Tesla, expanding to Ford and NIO regarding energy, excuse me, electrical vehicles. Their other large holdings are Microsoft, Apple, Amazon, consistently the top holdings. Investors in Robinhood lean towards large cap stocks with about 75% large cap, something about 15% mid cap and 9% in small cap. And surprisingly, it actually is highly diversified. I know it's easy to kind of poke fun of, you know, these kind of reddit hedge funds essentially, right? Like Wall Street bets or these kind of just newer investors that entered the arena in 2020. But it seems like these guys have some semblance of knowledge. And so we'll see what goes on with there. Excuse me with that. What else is new and smaller news? Kroger does a $1 billion stock buyback, it's going to be interesting to see how that pans out. And then YouTube, which is owned by Google, they actually, one of the really big things that the younger generations use Google for and kind of one of the big, you know, driving points is you can learn anything from it, right? There are so many educational programs. Some of the most prevailing comments on all of these are, wow, if you were my teacher in high school and college, I would have loved this more. You know, that's a valid statement, I'm sure, for a lot of people. So Google is going to try to tap into that and they are starting a new school video service. It's kind of interesting. Some of these new novel ideas we have here in the States are ones that have been tried many times for a while. Something that this reminds me of is in Korea where they have English courses. What it is is these massive online language courses. You pay to be a part of it. A lot of it is really what is dubbed infotainment. So, you know, you get knowledge, you get educated, but it's also something entertaining to watch. In today's world, with everything so fast-paced and entertainment on demand, it's important for educators to be able to tap into that and utilize that to their benefit, whether that's for good or bad. So we'll see how that pans out. Obviously, massive. Getting into the education sector would be huge for them. Regarding Tesla, so they have purchased 10,000 acres in Nevada in order to extract lithium. What I was looking at today, and we'll go through this when we get back from the break, is really the complex process that's involved in getting lithium from whatever the base source is. Tesla says Elon, in particular, has released a new patent on a novel extraction process. Elon, in his usual fashion, says that this is a license to print money. Sure, we'll see, but based on the patent and how the process goes, they're suggesting that it could save up to 30% in the lithium mining process. This would be huge in our competitive advantage against countries like China, against countries like Saudi Arabia. This obviously already blows the Andean countries out of the water, Chile, Argentina. They will not be able to compete. They have a far less efficient, although traditional, structure. Since we have a little bit in the break, we can kind of delve into it initially. This is going to be an acid-free saline extraction, which essentially is just using table salt. In part of the process, totally novel. The majority of our commercial lithium today extracts lithium from underground brine reserves. So there is this salt solution below the earth. What they do is they'll pump it up and they bring it into these things called salars. I'm sure you've all seen these pools before. Let's see. I'll have to bring it up after the break. There are these large pools that exist. They cover the entire landscape. They're not pretty at all. But the idea behind that is that you essentially do an evaporation process. So as the evaporation process occurs, hydrated lime is added to the brine and this precipitates all these unwanted elements. This is always the major issue in extracting any kind of specific resource from the ground. Everything is a nice patchwork of multiple minerals. In order to do this through the evaporation process, they have to add lime to the brine to precipitate unwanted elements. After the evaporation, excuse me, once the precipitation has occurred, the brine solution is at a certain level of lithium. And when we get back, we can go deeper and I promise I won't bore you with this, especially after the comment on infotainment. But I think it's worth knowing because this is definitely a big push in the future. And as I said last time, governments are pushing for this as well. This is Jacob with TFNN and we will be right back. Inflation, we are purchasing powers eroded. There's no better place to protect your harder and money-thinning gold. This, the gold's flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in the T1 mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This distinguishes Monk Todd as an attractive, dearest partner, ready-development state gold project. This, the gold trades on the New York Stock Exchange under the symbol VGZ. 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. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com Educating investors. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year. An amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At tfnn.com, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 days risk-free today. tfnn. Educating investors. Toll-free at 1-877-927-6648. Internationally at<PHONE_NUMBER>. Welcome back, folks. So I was looking in the den during the break, and Jimmy D says, just like solar and wind before it, the fascination in investor, trader, allure and EV is way ahead of application in reality on a broad scale. There will be pockets, perhaps even years of disappointment on the road to EV promised land. And that is entirely true. We definitely in this new millennium have a lot of hype surrounding these kind of technologies of the future. And the internet is wrought with people promising new technologies to be out by some certain point. And if you really take an honest look at it, they're just not there yet. I think what's different with things like EVs, while there are massive efficiency issues regarding, you know, size of batteries compared to the same weight of like petroleum or something like that, what's different, at least in some context, is that we have these governments really pushing for it. This is not just the private sector trying to bring something to the market. There are major incentives and pushes by global governments around the world to get these out. And certainly, I, you know, to say that we'll all be driving electric vehicles by 2035 and be off something like petroleum is probably not true. However, I think pushing for this, we'll make larger leaps in progress in this technology than we would if we had no kind of government incentive to do so. So going back to this, just to kind of recap what Tesla's doing and why I really think you should watch Tesla during this time, these processes to extract the lithium is difficult. Obviously, the evaporation pool is, you're depending on natural processes, essentially, right to evaporate out. You have to treat it a bunch. This is a very slow process. It's not expensive, but it's very inefficient. The next way we have it is hard rock extraction. And this is where everyone's kind of looking at right now, especially in America, so places like Tennessee, places like Nevada, Texas on the Gulf Coast. These guys are going to be doing hard rock extraction of it. Again, you have the same issues. This lithium is mixed in with so many other kind of elements. And how do you get it? The way that we have it now, you have to take the hard rock, you have to crush it, you have to run it through, you have to wash it. Continually, you have to mix it with sulfuric acid to precipitate a certain element. These are extraordinarily difficult processes, and you don't get a lot of lithium out of it. What Elon Musk wants to do is during the milling process, you heat mill it, he wants to add just sodium chloride, just general table salt. This does add some kind of ion or cation to it. And essentially what you get is a material, a starting material that has a far higher content of lithium in it. Now the process from there out is expected to be relatively the same. The patent just kind of goes into this one part of the process. But this is really huge. It's a novel way to solve this problem. It doesn't seem like anybody else is doing it. They're using clay, so I mean this is not a deep mining kind of operation. And this could really in some ways make us more competitive than we would have been prior. So I think it's really interesting to do this. What else can we look at today? Another thing to look at regarding that is Lithium Americas is huge right now regarding this mining process. Let's see. So I think one thing we can get into, certainly on the same topic as hyped technology coming to you soon is quantum computing. Okay, so we have companies like IBM, Microsoft, Google, Alibaba, I mean you name it, these big tech companies are trying to get into quantum computing. And I think that this is kind of an arcane subject for a lot of people and I'm sure unless you are a quantum physicist, if you're just a layman, the complete intricacies of it are probably esoteric as well. But the idea behind quantum computing, which is being touted as the future of computing, is they use subatomic particles, okay? So these are like your electrons or your photons and they're going to put these things, they're going to put these in, on the quantum level you have this concept called superposition, right? So if we look at it in a binary sense, right?  In the, I suppose, the higher physical world you can only have one position, right?  The idea is that with superposition in the quantum context is it's not determined whether or not that is on or off, it needs to be observed for it to, however it does exist in a superposition, right? It's not just theoretical, it truly does. And the reality of it, whether it is on or off, is determined once it is observed. So the idea of, they want to exploit this concept in order to create these vast, vast computational networks, okay? And the idea is that you can apply this to problems, essentially, right? And it will solve problems more quickly than our traditional computers would. This would be used in things such as, excuse me, like for genomic testing, for diseases, this will be used for things like AI systems. It'll be used for things like just, let's see what we can get here. Financial institutions can use these for security purposes, even something as simple as your daily car processing. The processing that your car's computer does can greatly benefit from something like this. We have financial institutions be able to use quantum computing to design more effective and efficient investment portfolios, which is very interesting. For retail and institutional clients, they could focus on creating better trading simulators. And the big thing is improving fraud detection. We have a grave lack of computer cybersecurity people in this country. We are hit constantly every day. I actually have a family member who in the past worked for a bank doing, excuse me, doing cybersecurity. And he said it was a constant mirage from state actors, essentially, to get into our financial institution. We have something like a 2 million unit deficit in people in labor for cybersecurity, so much so that entry-level positions pay an enormous amount. Having tools like quantum computing that can be better at detecting these kind of breaches and, in fact, even encrypting would be huge. Another big thing with this is the healthcare industry using quantum computing to develop new drugs and genetically targeted medical care. It can also power more advanced DNA research. And this is really the, in my opinion, the future of healthcare, okay? It is, we could get to a point where we have designed drugs for the individual based off of your genomic sequence. Really interesting. We can talk about that a little more when we come back, but these are things you have to be looking at. Then we can also talk about, in the same vein as Jimmy and the den, why this is probably a little bit further off than we think. We will be right back, folks. Again, our number is<PHONE_NUMBER>. You can message me in the den or on YouTube. We'll be right back. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. TFNN is excited about our new software charting program, The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting tfnn.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis. And it's not just dry, tedious text, either. TFNN airs live financial content streamed live on tfnn.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern. For free! Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money.  Is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com Welcome back, folks. So someone was looking at Zhenfeng Company, which is a Chinese lithium manufacturer for electric batteries in China. Look here. A lot of these lithium companies got kind of hammered the beginning of this year and even halfway through the year. I don't know much about this company. I don't look into Chinese companies too much at all. So I wouldn't want to give any suggestion of what I would do with this kind of company. I know from their fundamentals that they have good cash reserves and profit margins. And I do know that the government of China itself is making a massive, massive push for EV. That'll probably be their next big boom regarding their economy. So we should see how that goes. A lot of the Chinese companies, too, get into weird legal waters as well. So it's kind of hard. A more stabilization in kind of how the politics work over there would be more beneficial for investors outside of the nation. However, China's obviously a superpower regarding its economy. So, you know, taking a look at Chinese stocks, I think is important, especially in the EV sector. I have a Chinese friend who's in the financial business as well. And he is die-hard for all of those companies. I'm sure there's a little bit of a bias there, too, but he's a very intelligent guy, so. All right, some of the last things, I guess, on quantum computing before we can go on. People who have worked on it for companies like Google suggest that we are kind of far off from all of it, which, you know, it makes sense. These, again, what we have is usually, like, huge hypes followed by actual applications to it. We have something called decoherence, or DK, in quantum. Well, just in the quantum realm itself. Any kind of, and really any kind of distribution of information of data from one source to another. This is caused by, like, three slight disturbances in the environment itself that can cause the whole computational network to kind of collapse on itself. The way that computers usually work is you have, when you connect cables into something even like Wi-Fi, you're sending light through it, right? And this light is sent in a pulsed way in such a way that it conveys information. That information is in a binary sense and then is translated by your computer. Of course, it gets very complex when you get to, like, all these kind of interfaces and stuff that we have now. That's generally how it works. So quantum computing isn't as reliable regarding that. It certainly is more powerful, but this is a big issue they have to figure out, just transmitting the information and having it not go down, you know, ten lines as if you're playing the telephone game or something like that. Additional issues with it currently is error correction during the computing stage has not been perfected. This makes computations potentially unreliable, which if you're using it for things like drug design or military purposes or aerospace engineering, obviously is an extraordinary issue. Another issue with it, again, this is kind of along the lines of data decay with it and data corruption. As it's retrieving computational results, can corrupt the data itself. Developments such as particular database search algorithms that ensure the act of measurement will cause a quantum state to decohere and the correct answer hold promises, it said in the article. Again, I think this is a problem they're cognizant of. They just need to keep going with it. And the biggest benefit, in my opinion, beyond the drug design and genomic testing is the cryptography capabilities of quantum computing is not there yet. It's just not there yet. They also need to have almost zero atmospheric pressure. So, you know, I don't know if that means they have to place these servers in higher altitudes. I mean, I don't know, that sounds silly, but that's kind of what's going on with it. And they need temperatures of absolute zero or near absolute zero to function properly. So the idea of having quantum computing in your home by 2030 is not going to happen. However, again, as I said, there's concerted efforts by some of the largest corporations, multinational corporations that we have going into this. This could be huge for AI. The AI is really massive and I think we will actually see that rolling out far sooner than people anticipate. There have been, not to make the pun, quantum leaps in it recently. You have that guy from Google working on the Lambda bot who said that the bot was sentient. It's not. There's no, I actually, I took a little bit of time the other week because I had nothing going on to sit down and like work with these just chatbots essentially and see how it operated. And they are very good at being able to answer your questions. It's clearly that you're not having a real conversation with any kind of sentient thing. If you look at Tesla's AI bot, the first suggestion they have for the chat is ask me where to get my favorite ice cream. Right? So this is going to be used for broad scale commercial purposes. You know, search functions. If you have an issue with something you can call, the AI will answer. And they actually are quite good in that way, but having a Skynet buddy is not really in the cards for the time being. And I think the largest neural network they have is only about a little over a million neurons in Manchester, UK. The human brain has trillions of them. So it's just not there yet. So we don't need to it's not Terminator yet like that. But I think it's important to really look at these companies that are providing servers for the AIs. Because I think this is another big leap forward just in the realm of service, which obviously is massive in developed countries and continues to grow in developing countries themselves. Another interesting thing we have today is the nasal COVID vaccine. So when I would get you know, as a child, when I would get flu shots, I would always opt for the nasal ones. I just thought they were easier. They were less invasive obviously. And I had wondered consistently why there are not nasal equivalents excuse me, not nasal equivalents for the COVID vaccine currently. So India and China, so apparently Russia initially had been working to get their Sputnik vaccine aerosolized and I know that Iran out of all places had actually developed one a little while ago. But it seems that India and China's nasal vaccines are massive. So China's is aerosolized, right? You run it through something called a nebulizer and it just essentially adds air particulates into it and it becomes a mist. So that is very similar to the flu vaccine, nasal flu vaccines that we have in America. India's is a drip vaccine. I'm not sure why you would opt for one of the other. I know that regarding mucosolar vaccines that aerosolized is more of a standard, but regardless it seems like the efficacy is the same. When we get back we can go a little bit more into the companies that are developing these kind of how they work and why some people believe these are actually more effective than just the injection shots alone. It's very interesting. Let's see what we got here. I will say too that this paper that I have regarding these vaccines is from nature. So it's a good source on it. Of course these vaccines are only in Phase 2 trials so they're not Phase 3 which means that they won't be rolled out immediately but it seems that there's really good promise on these. So we can hit that when we get back. Again, give me a call at<PHONE_NUMBER> message me in the den, message me in YouTube my email is Jacob at fnn.com. We'll be right back folks. fnn.com The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com Educating investors. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the technology insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific new tech stocks as well as entry prices, target prices and stops to set for each trade. Dave delivers his weekly newsletters every Friday with updates throughout the week. You can get the technology insider at tfnn.com for only $37.50. Sign up for David's newsletter, the technology insider and get an inside look at everything the technology sector has to offer. Try it risk free today with our 30 day money back guarantee. tfnn. that's what our technology insider is looking for. We're looking for a way to make sure that you're not getting investors. Are China A shares hot or not? If you trade China A shares, now may be time to take a closer look. Trade CHAU or CHAD Direction's Daily CSI 300 China A share bull and bear ETFs. China A shares in either direction. Visit DirectionInvestments.com The Prospectus and Summary Prospectus contain this and other information about Direction Shares. To obtain a Prospectus or Summary Prospectus, please contact Direction Shares at<PHONE_NUMBER>. The Prospectus or Summary Prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back folks. Okay, so just to kind of wrap up what's going on with these nasal COVID vaccines. According to the journal Nature, the idea is that you are delivering the vaccine right in the mucosal area, which is where the virus itself starts in. According to them, in theory this could prevent even mild cases and totally block transmission, which is actually really the absolute standard. It's called sterilizing immunity. So China's vaccine is developed by a company called Cancino Biologics. I don't know really what to make of this chart whatsoever. Some of these kind of like budding pharmaceutical, excuse me, biotech companies can obviously act a little strange. So we have this going on, but it is developed by Cancino. This does have backing by the Chinese government themselves. It contains the same ingredient as the initial vaccine. Obviously they took it through a mixture, aerosolized it, and the Health Department of China is suggesting that this is actually a very good booster in addition to the other shots as well. Data from the phase two study found that when the inhaled vaccine was given as a booster, the vaccine raised the blood serum levels significantly more than the injection booster, suggesting that protection is good or better than provided by just the shot alone. India, using the drip technology for it, is developed by Bharat Biotech. I'm not sure if these guys are listed. Let me see here. I'm not sure these guys are listed, but they have a lot of stuff moving too, and they're using the same kind of mixture that they use in their shots. Now, India is actually using this as the, excuse me, this is being touted and would be used by India as the primary method of inoculation. Something that's interesting, a little bit of history with it, the first mass inoculation that ever occurred, at least in recorded history, was actually at Valley Forge, during when the Continental Army was huddling there for the winter time. The disease ran through the ranks and it actually looks like it might spell the end for the Continental Army and their efforts against the British Crown. It's said that the slaves at that time had a method of inoculating themselves that they brought over from Africa, and this is a, obviously a crude form of it. What would happen is they would take, you know, they would take either the blood or some of the pustule from the disease and then they would make small incisions on the healthy people and apply that to the body, and obviously that is a very pure form of inoculation, right, because you're getting the disease in, in a small form, and the body can create antibodies against that. So, Washington used this concept and applied it, and the Continental Army was able to make it through the winter and then go on to win the war. I think that's pretty neat history. Yes, I did read that at the Valley Forge Museum in January. Both vaccines use a viral vector. This is essentially using a virus to transmit the information that's needed. The main vehicle for these are something called adenoviruses. These are non-harmful to humans, and again, as I said earlier, the pinnacle of immunity from inoculation is sterilizing immunity, and this means that the vaccine itself stops total transmission and prevents even mild illnesses when the disease is introduced. Some other cool things happening. I know we were talking about chips last time. It says chip delivery time shrank in August, but some of the shortages drag on. This is obviously good news. This might be nice to have this starting to ramp up, especially in a time where prices are so high due to supply, lack of supply, and extreme demand. It says chip delivery time shrank again in August. A sign of the global shortage is easing further, but some types of semiconductors remain hard to find. Lead times, the gap between when a chip is ordered and when it is delivered, averaged 26.8 weeks in August. Really, everything that had chips in it was insane and insanely overpriced. I have some friends who are into gaming, and all of their higher-end materials for the computers were just not coming in, and they were spending thousands of dollars on these little pieces of technology. That was a day shorter than they were in the prior month, so not an immense difference, I suppose. The shorter wait times reflect slowing demand for some kinds of technologies, namely phones and personal computers, according to the Susquehanna analyst Chris Rowland. Parts of the market remain overheated with orders coming in too fast at the chip makers can't fill them. So I think with increasing or tighter monetary restrictions crushing demand and then an even slight increase or improvement in the supply chain could actually, obviously, be very beneficial for us. So what else do we have going on here? Morgan Stanley expects, this is more of an article, use these three percent, whatever, but Morgan Stanley expects the S&P 500 to plunge another 15 to 25% within the next four months. Now, they're saying that this recent increase or pivot away from this essentially week of down days is because the market has priced in the interest rate increases for this month. And so, while that's probably true, I would agree that this is probably not entirely over. I think the market so desperately wants to be bullish on everything. I mean, who doesn't want to be right? Everyone does very well when the economy just keeps going and the markets just keep, keep going up and we have green day after green day. However, I do think a bit of essentially kind of taking a sober look at it as much as everyone's portfolio has been hit that we are probably not fully out of this yet. And we'll see what happens in November if they stick with the consensus of a 0.5 basis point increase or they raise it to 0.75. I mean, we could legitimately see like a 4% Fed fund rate, which would be kind of devastating. But that's the point, essentially, right? Crush that. Take a look at the dollar. We have the dollar making some crazy moves. Let's see here. Let me just do a one month chart. Obviously, we peaked pretty high at 110. Again, did not bring a immense amount of selling pressure. Obviously, immediately we had a retrace, excuse me, not a retracement but a down. We're thinking we're going down to the 108 level here. We could see like 107 by the end of the day. This could be really good for the metal market if it persists at that price. But to be quite honest, I'm not sure. I mean, we could get any news at any time that this spikes us out or just trading in general. So, with the SPX up 1.27, the NDX up 1.8, Q's down 1.8 or up 1.81. So, this is a pretty good day we have going on the market. We'll probably see an increase. But yeah, take a look out because we might have another massive retracement back to the down level in the SPX. So, we will be right back again. We have a little bit of time left,<PHONE_NUMBER>. Send me a message and we'll be right back. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com Educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at tfnn.com. When you subscribe you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. tfnn.com Educating investors. Sign up today and become a part of this educational community of traders. Just visit the front page of tfnn.com. In the den after the mention of that program by Washington, Saul also posted about pine beer, which is very interesting. Pine beer is like huge. This is something that's kind of been lost to us. Pine beer is huge in vitamin C, and they found out that obviously, well, you know, all the soldiers were getting scurvy, and so they would actually ration out large amounts of pine beer to every division or whatever grouping. And if they didn't ration out created already manufactured pine beer, they would also, they had to provide the equipment, which to make it. I always wanted to try it because I actually do make, I make mead in my house, which is like fermented like honey and water, probably one of the oldest alcohols. And when I read about pine beer, probably about a few years ago, I was immediately amazed by it. And I'm sure it probably tastes like pine. So maybe not so palatable, but it's interesting nonetheless. The video is up today, three straight days of gains on it. The video is doing something, what I was just mentioning with computer prices, excuse me, materials for computers being so expensive. Nvidia essentially is creating a or has created a throttled chip for their for gamers. So gamers are not having to compete with these massive manufacturers regarding the prices. I know Kathy Woods also bought something like 26,000 over the past few days. So that's that's interesting. She just keeps scooping up and scooping up through all of it. And you got it, you got to admire that resolve for sure. Oh, I actually forgot about that. I was at a restaurant a few days ago with one of my friends and actually saw her walking out and I was like, Oh, man, I like does not expect it. And my friend was like, what's going on with that? And so it's interesting just to see, you know, her walking around here sometimes. Solar is up huge today. I know we spoke about that last time. Let's get tan. Well, tans down a little bit. Let's see what else we have. Well, we do have a little bit of retracement, I suppose today. But this morning, it was it was doing pretty solidly. We'll see what goes on. I'm sure this is just a little bit of trading off and people unloading their shares. Everyone, thank you so much for joining me today. It was great to be back on again. I really enjoy it. And I enjoy talking with you guys. Stay tuned. We have Dave White, I think for the next few hours. And then we get the time of Brian show at 3pm. Thank you very much, guys. Have a great day.


Today I'm doing the new shoot for the strip, for Nike. I've got extra small and all of these shirts. He's done a few push-ups as well with the ground.


We're going to talk a lot about the market sentiment, but I also want to talk about this element of satisfaction in your training. And I'm hoping this clicks with a lot of people.  I do have some technical stuff. I haven't done technicals in a little bit on this webinar series. I don't even know what the last one that I did was on. I don't know what my last technical webinar was. It was probably architecture of a move part three. I was in late October. Managing positions too. I talked about it a little bit in December. Yeah, but I do have some technical stuff coming up.  So I'm waiting a little bit. I know in some of the technical stuff I'll be talking about, I'll be like, oh yeah, and so you have to worry because when these break, I mean, as a short, you really got to cut here because blank, but today it really doesn't make sense.  So yeah, waiting for the market to even out a little bit and then I'll start doing some technical stuff. Yeah, that kind of satisfaction. No, just overall trader satisfaction and kind of how to deal with it. Fine, but first let's talk about the market sentiment here. Here we go. Yeah, so market sentiment, we'll go over the movers, then we'll talk about satisfaction and Q&A. So really, there's not a whole lot of bullishness to this market at all.  And I'll talk about that a little bit on the next slide, but really the only bulls that we have kind of all, I mean, I'm not even going to count Dwhack because Dwhack's not exactly a small cap anymore or like a mid cap. It's kind of like its own kind of, it's one of those, it's in its own space, it's not, it doesn't even really belong with like regular stocks. So I kind of excluded Dwhack, but it would be a bull, I guess, but it's kind of in its own sphere.  Yeah, it's kind of like, you know, the mean, mean stocks. But anyway, regular stocks, I mean, Sophie Laser and BBIG were, you know, we're kind of like the bulls of the week. They were the stocks that actually, you know, showed some upper range a little bit, just been really hard to find in this market. Other than that, everything else was a bear, but there's, you know, I was actually going through the list of stocks, there really wasn't a whole lot. This is kind of in a really slow week, really slow couple of weeks. And that's because people, I feel like there's a lot of disappointment in this, like January is supposed to be banging, January is really supposed to be banging. And I'm not talking about small caps, small caps too, but even in large caps, like it's supposed to be January effect up, up, up, up, up, right. And so today kind of feels like the culmination of that, right?  And so, you know, and this is what I was talking about. This was two weeks ago, right? You know, it seemed like the New Year's Eve, we were all pre-pricing this January effect, right? That's what this was all about. We were pre-pricing the January effect, but we didn't get the desire to follow through. And, you know, some kind of people freaked out. And I said, something definitely needed to change with the confidence before the markets, you know, before the market, change of the market before people started to buy stocks again, right? It still, you know, felt like people weren't ready to start building a new bubble after the 2020 bubble burst. So it's going to be really important to, you know, to look at like the market leaders to see if, you know, we bounce and to see if, you know, we, you know, people start putting their money in stocks again. If not, we can easily see more flight. And that's what we saw. We saw the more flight because like when you pre-priced something like that, it's really important to continue or you end up just on a macro scale, you get this, what should, you know, what should have happened, you know, but didn't, right? Whenever something should happen and January effect is something that should happen, everyone should be able to rely on a January effect, just as everyone should be able to rely on the market slowing in the summer, just as everyone should be able to rely on the market getting a little muddy around the holidays, right? Tax laws, all of these staples of the market are what people depend on the market to do. And whenever there's an upset, right, that, you know, people, you know, it's like when there's an upset in the gambling, all of a sudden, all of the quotes change, right?  It's going to be all tilted towards the Bucks. And then all of a sudden Tom Brady breaks his hand, you're going to see, you know, you're going to see just mass chaos in the spread. And that's, you know, that's kind of the idea is when something that should happen doesn't, it creates this mass instant unrest. And I think today kind of is the culmination of that. We'll see, like, I personally think the market feels itchy for a reset. And what I mean a reset is, and I've talked about this before, and we still haven't got one.  And that's, you know, we're, you know, we kind of got a hint today, it might be today, we might get a big gap down, like a gut check day tomorrow. And a gut check day would be like a gap depth, like, here's the thing, if we get down, if we get down, and we were to get down anywhere above 420, I think that gets bought up. If we gap down below 420, that's, then people I think, maybe 410, right? Or right around here, we're starting to get into danger zone, like it shouldn't, I don't expect it to gap down as much, I really don't. I don't, I don't even know if it'll gap down at all.   And then maybe later in the day, huge rally up to 425 or something like that.  And what I mean by gut check is, it's just a gut check, it's going to get bought back.  There's nothing that macro that's going to really do that. I don't think that's there. Yeah, this is the 200, right? This is the 200 line right here. And yeah, I mean, if it gaps down this high, people might sell actually, you know, if it just gaps down to 420 or 440, it might be a sell date. But if there's like a gut check day, I think it does get bought. But I think the market needs something like that. The market needs, needs a reason to be bullish, like something like, oh, look, we're at a great discount. Like, there needs to be something there because right now, people are not, people aren't thrilled with the economic environment, people are not thrilled with this lack of January effects. People aren't thrilled that we've been sideways, you know, in the best years of the month, right? The best years of the month are the end of the, you know, the fourth quarter and the first quarter are historically the best quarters out of, you know, out of the S&P 500. And that's because everybody spends more money around, you know, around the end of the year and the beginning of the year. Everyone spends the most money.


The US 2020 Facebook and Instagram election study who operated with Meta to get access to data that wouldn't otherwise be available. Neither removing the reshares or using chronological feeds significantly changed anybody's polarization or political attitudes, even though exposure to content from like-minded sources did not seem to make people more polarized. The thing with chronological feed, in my opinion, my theory on it anyway, is those algorithms, they work. They're more interesting to read. Your chronological feed may or may not have the most interesting stuff at the time, right? Because it's just in the order it was posted, and it's not like people are always posting the most interesting stuff, whereas the algorithm is going like, I'm pretty sure I know what's going to keep you reading. So that's my guess as to why people bounced when they went chronological is they just, they got bored faster. But it makes sense that the companies want to keep you on because that's how they're getting paid, right?