From Miami Beach, Florida, it's theCUBE, covering Veeamon 2019, brought to you by Veeam. Welcome back to Veeamon 2019 in Miami. My name is Dave Vellantem here with Justin Warren, who's my co-host. Simon Robinson here is the Senior Vice President 451 Research. Simon, it's great to see you. Thanks for coming to theCUBE. Thanks for having me. So this is your, is this right? Your first Veeamon? It is, it is. First Veeamon, first time in Miami, first time on theCUBE. So, book it list, check. Hey, gotta give you a sticker here then. There you go, thank you for coming on. So, and of course you got the Veeam party tonight, which you may have been to some other Veeam parties at other shows, but you know. I know them by reputation. Yeah, they're good. And so, looking forward to that. Two days, what have you learned here in the last couple of days? What are your impressions? Yeah, so my impressions are that this is a conference that reflects the type of company that I think Veeam is. And Veeam's kind of a little bit atypical for a company, a technology company in this space. They didn't go down the traditional route. They had a very kind of different model right from the get-go. But what I see is real, real grassroots innovation. And you know, Veeam has always been short on rhetoric, short on hype and long on actually delivering the products and the capabilities that customers want. And it's been great to see examples of how that's playing out at the show.  You know, in 451 research, we're an analyst firm focused on understanding the impact of innovation. We provide data and insight around the technology innovation lifecycle. And it's always been, we've covered Veeam from pretty much day one. And it's always been clear to us that Veeam is a pretty special company. No, not just you have to be in the kind of the right place at the right time with the right products, but you also have to do it in a way that they're kind of table stakes. You've got to do it in a way that actually engages and empathizes with what a customer is looking to achieve. And I think they got that at the grassroots level the kind of, you know, the Veeam admin level, you know, decade or more ago, and really have doubled down on that. So it's been awesome to see some of the examples of that at the conference this last couple of days. I mean, to have, you know, a general session with eight demos. And they all worked. They all worked. I was terrified when they wheeled out the tub of water. I was like, there was all the laptop in there, but hey, you know, it was awesome.  But firstly, let's kind of pay tribute to what they did in Act One. I mean, I think for any company to, you know, to build a billion dollar revenue business software is a phenomenal achievement. But to do it in the kind of data protection space. Yeah, great. I know it's even more so. It's like the most boring thing ever. And it's, and they've kind of made it exciting. You know, they used to say that, you know, backup was, well, I used to say two things about backup. Firstly, it's insurance policy. And secondly, it was the one part of the IT environment that even storage people found boring. Yeah. Sorry. But I mean, I mean, just see the kind of energy, enthusiasm, passion of the folks here. That really isn't the case. It's been one of those boring but important factors. And then Veeam's ascendancy, I've said this many times, is sort of coincided with the birth of virtualization. Yep. You were consolidating, you know, physical servers and because they were underutilized, but then the backup had to be completely rethought, right?  And here comes Veeam and it's just perfect fit. Boom, takes off. Now you got Act Two, which is cloud. And I feel like it's jump ball. They use a, you know, U.S. basketball analogy. No idea what that means. Folks who don't follow basketball. But it's start over, right? And so everybody's going after cloud, multi-cloud hybrid. And so do you feel as though Veeam can replicate a success in what Ratmir is calling Act Two and draft from Act One? And what are the key factors? What's the tailwind for them? And what are some of the headwinds? Certainly competition and we're going to talk about that. But what are some of the other things that you guys see in your research? Yeah, so I think, I mean, first off, I think the hybrid cloud is a reality. Our research tells us that 60% of organizations are looking to characterize their strategy as being a hybrid cloud strategy. But they're really struggling with actually enacting that and doing that in a kind of, you know, in a process organized, deliberate way. You know, we kind of got a lot going on in the kind of multi-cloud world. But multi-cloud is often an accident rather than something deliberate. It just turns out that they've got all of these assets across all these different properties. Oh, I got all these clouds. That's right, that's right. And, you know, again, go back a decade and how sort of relatively straightforward the data and application environment seemed, right?  Little did we know at the time, but yeah, right? And, you know, fast forward to today and data is just, you know, everywhere. So I think the tailwind for a company like Veeam is that... Obviously, there's always going to be a need for backup, but I think that the conversation is evolving from one around data backup into one of data management because you can only manage the data in your environment if you understand where it is, what its value is, what the potential exposures are. And I think that's why we see kind of a big opportunity in managing data across this much more diverse and broader environment. So given that, do you think customers are better able to manage that data environment now than they used to be? Or is it actually getting worse because now it's a much more dynamic and disparate kind of environment? And people weren't that great at it beforehand. Have they gotten better or not? It's hard to generalize. I think in the main, customers acknowledge that they do a pretty bad job of managing it on a holistic basis. And I think we are seeing many organizations do it on a piece by piece basis. I think things like GDPR have been kind of a wakeup call that, hey, your data is your responsibility, right? And whether that data is on your facilities or it's in somebody else's, that doesn't matter. It's still your responsibility. So that was kind of a little bit of a wakeup call for organizations, certainly in Europe. And I think we're going to see that kind of replicated across other regions. We had the rise of ransomware as well, which was actually the best advertisement for backup that you could ever have had. No doubt. Absolutely, absolutely. You've been talking about the shared responsibility model, I mean, to your point, Simon, right? I mean, it's like security, right?  That's right. That's right. Not Amazon, it's a shared responsibility and the same thing with GDPR, malware. It really is. But I think, you know, when we think about what the major challenge is that any, just about every business faces, it's how do they scale their operations in a way that's going to allow them to really take advantage of this thing we're calling digital transformation. I know it's an overused term, but. But it's real. It is real. And our research, we asked a question in a survey recently, which is what is your organization's kind of single biggest barrier? And it's, we don't respond quickly enough to the business. Right? It's the biggest objective, but it's also the most difficult barrier to overcome. And I think we're only going to start to address this if we can fundamentally have a different look at how we scale operations. And that's across the application estate, it's across the infrastructure. But it's also across data, right? And it's modernizing, it's transforming the way we think about, you know, managing data. And it's, we don't want to kind of repeat the mistakes of the past and end up with, you know, a zillion silos that all have, you know, a person that needs managing that silo, that environment, we've done that. We don't want to, as we move to multicloud and we acknowledge that data and applications are going to be in a greater diversity of locations. We have to have a model at scales to managing across those environments. And it's that kind of consistency of approach that I think the industry is lacking, but there's definitely an awareness that we need to address that. Yeah, so given that there's that awareness and there's a need there for the market, so there has been a refresh in data protection in that part of the industry, nothing much was happening for probably a good 10 years. Data Domain was kind of the last big disruptor that we had in that marketplace. And then it feels like overnight everything changed. And suddenly there were a whole bunch of competitors all trying to go after this data protection market and Veeam being one of them. So with that kind of challenge for customers happening and this dynamic market, wait, how do you see the market dynamics evolving as we go through what Veeam calls its act to and then people start moving to this hybrid cloud? What does that look like from your research? I think from a customer perspective it is often actually just perplexing. I mean, where do you start? How do you think about this on a strategic basis? And again, some of our research has pointed out, highlighted that again, it's kind of obvious, but how do we get better alignment between IT and the business? And when we asked about that in the context of digital transformation, it was the businesses, it was the respondents that said, yes, our IT strategy is being developed in lockstep with the business, right? Those are the companies that feel like they can, they have a good handle on this digital transformation, data transformation. And we do see a bit of a, you know, almost a kind of a schism opening up. There was the kind of digital leaders and the definitely digital laggards that are really, really struggling with this. And I think, you know, that to me means opportunity. I mean, there's opportunity for vendors to come here, to come in here and address it. I think with, you know, data protection specifically, yeah, it's, if you'd have said 10 years ago that there was almost a kind of a Cambrian explosion of startups and new companies in backup recovery and data protection, DR.  You know, we're seeing absolute explosion, huge number of companies coming together, coming to market with real innovation, which ultimately I think is going to be good for customers. I think there's probably too many for the market to sustain at this point, because all these new entrants, none of the incumbents are going away. But I think, you know, it's going to be very much a kind of a partner centric kind of success. That they, there's a realization I think from, certainly from the kind of hyperscale cloud providers that they're not going to be able to do this on their own, right? They're going to have to work with, you know, legacy incumbents. These guys definitely have a role to play. I mean, I was just in a session earlier today talking about VTL in the cloud. Yeah. I mean, VTL in the cloud. Hey, the legacy processes, they're hard to kill. The more this evolves, the more it seems like the public cloud is starting to resemble kind of the on-prem world in some ways. Well, that's interesting. I was in London a couple of weeks ago for the AWS summit and Matt Garmin, who's AWS executive, I think he's the guy who first launched EC2 as a product manager at the time. Now he's a senior executive. He said, we believe the vast majority of customers will eventually migrate all workloads into the cloud. And then it was, but, you know, and this is a but that they wouldn't have acknowledged two years ago, we realized that it's a hybrid world. And then they talked about snowball and outpost and all these other things that they're doing. So, and Microsoft has always had a different posture. Of course it is a huge on-premise state. But let's talk a little bit about the horses on the track. So you were mentioning some of the legacy backup guys, all the startups coming in. It's been over like a billion and a half raised for data protection. But so you got Veritas, Dell EMC, IBM, that's kind of Tivoli business, it's done some stuff with catalogic. And then you got Cohesity and Rubrik trying to get escape velocity. So they get tons of cash, having big parties, trying to replicate that marketing momentum. And then you got Veeam, like his, to your point, Simon built a billion dollar software business. Okay, and is now saying, okay, we're going into the next wave. And profitable. I was speaking with you about me this morning and they're actually cash flow positive and on gap basis as well, they're making money. There's nothing more atypical than like a startup company that's making money.  You got Zerto. You got a lot of guys. A man has just got taken out by Cohesity. So how do you guys see that competitive, market shaking out? Dave Russell did the bubble chart. Ratmir showed it yesterday, 15 billion. Is the TAM big enough to support all these guys? What do they have to do to get return for their investors? We're talking IPOs in the future. Before the window closes, it's getting hairy. It is, and certainly some of those incumbents are not without having their challenges. I think it's incumbent on them to kind of listen to what customers are asking for. Customers are moving to the cloud, right? They're going to do that with or without the kind of the legacy guys, right? So they have to kind of get on board with that and help manage that process for customers. I think what I like about some of the newer guys, the rubrics, the Cohesities, is they are talking about this bigger picture, this issue that said at the start that many organizations acknowledge is a real challenge and that's having an overall view into their data estate, their data assets. But for many different reasons, it's always been very, very difficult to kind of crack that on a holistic basis. These guys are putting together some compelling stories and some compelling products to do that and customers are definitely buying it. Now, it's not on the scale that they're buying Veeam on a very tactical basis. So I think the challenge for Veeam is to evolve their own proposition from being pretty tactical, important, absolutely, but to kind of move up the value chain from there. And I think we are starting to see many examples of how that is coming into play with some of the announcements we've had at the show today. Yeah, I mean, to your point, a billion dollars profitable, 350,000 customers and a modern sort of approach. Yeah, absolutely, absolutely. I mean, we've heard simplicity so many times on the last couple of days, but to me, when we talk about, if the challenge is operational scale, you can't do that without simplicity. And I think the fact that they acknowledge that from a very early date, we speak to a lot of, customers overall, but lots of Veeam customers, every single one says, I love the simplicity. It works, it just works. It's these kinds of things that they really do matter because not just because it just sounds great, but actually it either lets the administrator do other things, it's freeing up their time, or it allows a different part, maybe a less experienced or different type of professionals come in and manage the environment and not have to have a PhD in storage and backup and all those things that made this such a kind of a human capital intensive process in the past. Yeah, easy and simple, they're easy things to claim and many companies actually try to claim that they're either easy or simple. It's really difficult to actually deliver on. But when you have customers coming back to you and telling you you are simple and easy to use, that's when you know that you've got it right. What I like about Veeam's messaging is I've heard it a lot this week, is it's starting with backup. It actually is all about the backup and you don't hear that from a lot of the upstarts like backup, it's all about the data management. It's this sort of vision. These guys use the term aspirational, almost as a pejorative, so it's kind of interesting to see that competitive battle. And then you got the legacy guys trying to hang on to their install base, maybe making some announcements.  Obviously Veritas is a huge install base. Everybody's trying to attack. Yeah, IBM is a new CEO at Commvault. So Commvault, I don't want to leave them out of the equation, right? Doing their enterprise piece and they've always had a little different angle on this space, so there's a lot of action going on here. 15 billion, half of that is probably backup. Right, the challenge is that this isn't a homogenous market. Right, very fragmented. There are just so many different things that we need to protect. There are so many different ways we can protect them. That as soon as you start getting into the details, that's when it starts, the market starts to kind of stratify. Cloud and new programming models. Yeah, right. Object storage comes up and we've got no SQL databases. Micro-services, Kubernetes, protection, the whole container thing, which we haven't really heard an awful lot about this week. I think, I mean, I'm looking forward to seeing how Veeam's story kind of evolves there. But if we do accept that, containers Kubernetes is going to be the new kind of middleware that connects new breed of infrastructure to a new kind of application paradigm, if you like, then that's going to need protecting. So I think, we talk about it, backup has been tactical, but actually it is a start of a journey. And also, I think one thing that's come out from this last couple of days is just the importance of DR. And that's absolutely reflected in our research when we ask about what are the big challenges in the kind of storage and data arena.  It's too expensive, it's too difficult to kind of run, to build, to test. I've been hearing that for 15, 20 years, right? And we're still not there. You can't automate the testing. It's too dangerous to fail over and fail back. So we don't do it and we don't test it. So we clearly haven't cracked this one as an industry and there is massive latent demand, I think. And I think as we think, I mean, who can tolerate any sort of downtime for any sort of application, right? It just becomes a prerequisite to have applications always online. That prerequisite for effective DR is going to continue. Okay guys, we got to go. Thanks very much, Simon, for coming on theCUBE. It's great to be here. All right, keep it right there, everybody. We'll be back with our next guest. You're watching theCUBE live from Veeamon 2019 from Miami. We'll be right back.


Birthright Israel is a propaganda trip and it's happening right now. Hello everyone, welcome back to day 7 of boycott birthright and other free trips to Israel. Our series where we've been following the birthright trip going on right now and exposing the propaganda behind it. We have just a few more days of this series left but there's still so much more to know and if you guys want to keep expanding your knowledge join us for a webinar on June 15th at 6.30 p.m. central where we're going to talk more about the harmful effects of birthright. But let me not get too ahead of myself here. Let's focus on today where birthright goers are yet again in occupied Palestine enjoying our beautiful country that so many Palestinians don't get to enjoy themselves and yes that is foreshadowing for what's about to come. So here's today's itinerary from the taglet birthright website and I don't know about you but after doing this series so many things are just popping out at me and screaming propaganda but we can't go over all of it right now so I just want to point out two things very quickly here where it says catch a sunrise that will stay with you for the rest of your life and tour the mount top which became synonymous with Jewish audacity and bravery. If you haven't definitely go check out day three's video of this series where we talk about the harm in attaching the Jewish identity so closely to birthright trips and the impact that that has. But there's not what I'm going to talk about in this video what I actually want to focus on today is this right here float in the Dead Sea. Let's talk a little bit about the Dead Sea. The Dead Sea is very mineral rich which gives it a lot of economic value that has historically been very important to the Palestinian population as well as every colonial power that has been in Palestine. And what does Israel do when it sees something that has any economic value for Palestinians? They steal it which they did and they exercise total control of the Dead Sea and the northern basin even lies in occupied Palestine. Israeli settlements and international businesses are backed by state-funded initiatives and have established a very profitable tourism sector and extractive industries based off the Dead Sea's natural resources. And of course Palestinians remain effectively excluded from this. Just a quick side note if you ever see companies like Ahaba selling Dead Sea products they are 100% profiting off the occupation of Palestine. So when Israel facilitates these international companies to profit off of the natural resources of Palestine and ushers in these foreigners telling them it's their birthright to float in the Dead Sea while not allowing Palestinians to profit off of these resources themselves or even travel to the Dead Sea and visit something in their own country that they were born in that is propaganda and that is why you should not go on birthright. If you've been following along this series you know what we must do in order to support Palestinian liberation and that is BDS Boycott Divestment and Sanctions. Boycott Birthright and all free propaganda trips to Israel and also boycott all companies profiting off of the resources of the Dead Sea. And of course join us for the last few days of this series and join us for the webinar that was mentioned in the beginning of this video. See you guys tomorrow. Bye!


The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll-free at 1-877-927-6648 or internationally at<PHONE_NUMBER> The Trader's Edge now Steve Rhodes Good morning folks. Welcome to the February 7th the wonderful Wednesday edition of today's Trader's Edge show. I'm your host, Steve, Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Let's make sure we have an extraordinary one. Now the easiest way to do that is to always remember that life is happening for us, not to us. That's right when you and I make that one little two-by-four shift means we can find the gift in every set of circumstances that life is going to toss at us. Now today you and I we're going to go check on the circumstances of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know I am absolutely grateful for your presence here but even more important than that and that's this. This next 53 minutes I am here to serve you. So feel free to pick up that phone. Dial on in at<PHONE_NUMBER>. Now if you've got a question but you can't call in, we've got you covered. Send me an email. Send that off to Steve at TFNN.com. Inside the subject heading, please put radio show question. Of course inside the Tigers down, well then any in every ping will do. So let's go ahead and get this show started on wonderful Wednesday. Of course this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show. A sea of green, so to speak. A little bit of a mixed bag. The mix coming from the Russell off about 4 points. That was up 170. S&P 35. NASDAQ 178. Summice up 47. Trendy's up 150. Gold's up 4 bucks. Silver's up 2 pennies. Lights recruit 45 cents. 30 treasure up 2 ticks printed out at 1202. You've got natural gas off 4 cents printed out at 196. Leading to charge the upside. It is Chipotle up 197. 2684 buckaroonies. Booking holdings up 82. Broadcom up 28. Eli Lilly up 24. Powell networks up 22 bucks. We got some movers. We've got some shakers. Madrigal pharmaceuticals. 18 bucks or 9 percent. Amgen 13 bucks 4 percent. Next our media 11 bucks 7 percent. E plus Inc. 11 bucks 14 percent. Gartner down 9. That's about a 2 percent move. But let's start looking at the equity future markets right now. Let's go take a look at what to be watching for at day's end. So first the ESMini it does not have any kind of topping pattern. There's a rose meant to indicator signal present. You don't see that but a bearish reversal candle would identify a top. Right now we are in breakout bullish mode. Price above the top of its daily profile. It's above its oxygen change line. Not seen here. It is in a bullish breakout mode. The NQ will join the ESMini. If it closed the day above 17, 793.50. What's there? That's the rose meant to indicator top. Generated by that bearish shooting star candle. From a couple of weeks ago. So close above that will put us into a breakout bullish mode. There's a new profile that's attempting to form. Price is trading above that. It is 17776 would be the resistance level support 17387. The Dow. The Dow needs a what's the Dow need. The Dow needs I think it's got a really it's needs a close above this candle session right here. I should label that. That's the high from February 2nd. That is at 38892. That also generated rose meant to mean indicator top. I'll label that later out there. So close above that would put it into full out breakout bullish mode. In the case of the Russell 2000. You can see a new profile that is attempting to form. That new profile has support at 1935. Resistance at 1995 out there. It is bullish in structure. If this profile holds a close today above 1955. It's going to suggest to move to the 1995 level. If we want to understand the party that's going on. It is a global party. If we take a look at the yes many new all time high today. Priced in dollars. Priced in euros. Priced in yen. Priced in pounds. This is a global rally. You got to be careful. Shorting. You might find some signals here to short inside the U.S. But those are going to be met with buyers overseas. If we take a look at the NQ again it may. We're at a new all time high today. The question is will price close above that 177 9350 level to negate the road's momentum indicator top. Well the NQ in euros. New all time high in pounds. New all time high and in yen new all time highs out there. In the case of the Dow it's at a new all time high in terms of euros and in terms of pounds. We need to understand how these markets are trading in other currencies. It answers a whole heck of a lot of questions out there. This is a worldwide global bullish breakout market with the concentration of capital right here in the good old U.S. of A out there. So that's what's going on. There's a question. Hey where can we possibly head to. Where could the NQ possibly head to. If we just simply take a look at our multi time frame. This is something you can do at home and just simply pull out the QQQ series ETF. And in the Q's here I'm just simply going to open up the weekly time frame chart. There's all kinds of A to B equal CD patterns out there. If we take a look at this one here that starts off at the 2020 low runs up into the highs out here back in 2021. Makes a nice retracement of about 0.618. It was really 63% back in the lows that formed out here in October of 2022. We are trading above 408.71. Now that swing point has volume of 230 million shares. We have not passed it with volume. We were up with 228. That's close enough for Stevie's work out there to say that okay we've got equal or almost greater volume. So I'm going to say we've got to confirm A to B equal CD to the upside on that bigger time frame. It's a weekly chart. It doesn't mean we get there tomorrow. In fact, I can guarantee you we won't get there tomorrow. But over time where does this want to target? This wants to target the 490804 level. Here you can see if I pull this weekly chart back as well and each of you can draw this exact same set of patterns out there. So there's nothing, nothing you don't have access to are the profile levels. But here are the rising price channels that I have. And what's nice about that is once you get the first set in there you can just simply multiply times that same distance and that's what's going to give you your next area or your next price target level out there. I mentioned there are multiple A to B equal CD patterns out there. Let's take a look at whoops didn't mean to do that. I meant to do this. I meant to pull it back just a tad. Let's look at the other one that could be out here. If you give me a second just to position the charts. So you got the one that's coming off of the October low. Here the most recent low. Well this is October of 2020 I take that back. So if you use that October low and then we use the high out here that formed in July of 2023 we pull that back to a low this October now. This October low what you're going to see is a one to one price projection gets up to 476. So I believe we're at a 490 on the larger one. This one is 476. But that retracement is a little bit less than a 0.382. It's 34.12%. So this tells us this wants to more than a one to one A to B equal CD pattern to the upside. So those are the price projections. Each of you can take your own series of charts for the QQQs and try to come up with a price projection levels out there. If I take a look at the S&P 500 here in the S&P 500 doesn't matter whether we look at the monthly that's the left hand side weekly in the center daily on the right. These are the horizontal trading range boundary lines out here. 5808 is a price target on the monthly. 5138 is the next upside price target on the weekly and 5803 is the next upside price target for the S&P on the daily time frame. Steve Rhodes with TFNN. We get back from this break. Let's pick up where we left off yesterday. I think we're going to take a look at Aspen, Sox, AENVX, Lili, Oprah, Winfrey, Kava, DKNG. And let's get an update on those soybeans out there. Steve Rhodes with TFNN. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and 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 and 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. 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. 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 it number two for the year. An amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN, Educating Investors. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Folks, just on the quick intraday charts here for the NQ, again, the only topping pattern that's out there, quite frankly, is coming from the 10-minute timeframe chart that I quickly see. That was the Roadsman to Medicaid or top prices pulled back. It's testing that oscillator and change line right where we're at right now, at about the 17, 8, 28 level of price. We're to close below that. We should see a move back to 17, 7, 81 to 17, 7, 65. But if this is really just all-out bullish, just where price even on a 10-minute timeframe should find support. So that's what's going on today. On intraday, we took a look at some longer-term targets by looking at those horizontal trading ranges and those A to B equals CD patterns. Now, let's get to all those requests out here. We've got a ton of them. So let's begin that portion of the show. Aspen, I can't recall if we looked at this yesterday or not. I know that Nicholas was looking for a buy point. He got that buy point yesterday with that, both wave number seven completion and TD-9 count bottom. You're inside a bullish structure profile, price closed above the center of it yesterday. Price should make a run for 11.74. That's an oscillator and change line. Above that, 12.14 would be the next battle. And then the final batter, battle would be a 12.64 on a rally. Clear 12.64, you're headed higher. How much higher? I'd say 16.07 to 16.47. The daily TD-9 count breakdown level and the weekly top of its profile out there. So Aspen looks pretty darn good. Let's go take a SOXL for Tom. He was looking for an entry point. And in the case of SOXL, all that I've really got out here is price yesterday. I got back inside of its profile. Was it back inside there for the last retreating session? You just have a good old fashioned consolidation between support and resistance Tom support at 33.25. So that could be an area to buy resistance up at 37.02. It is a bare structure profile. So your real resistance zone is between 35.76 and 37.02. Let's go to ENVX for Bob and Spokane. We take a look at it. ENVX is of yesterday formed a roadsman to indicator bottom. So if you're looking to take a long position, you got that signal yesterday. Price is trading with inside his profile. It's in the bearish zone section of that profile. That's between 9.76 and 10.17. You clear and close above 10.17. You're off to the races. Those races ought to take you up to about 12.40. Now 10.62, you could easily run into a pit stop. 10.62 ish is the weekly asset or unchange line out there. But otherwise ENVX looks good, looks bullish. If you're going to take a entry into this, since Price has found that resistance in the daily sell zone, why don't you wait for either the 9.22 to 9.46 area out there or look at an intraday chart and try to come up with some type of pattern. Now I don't see anything yet on a 30-minute time frame chart out there. But that's what I would be looking at. But to answer the question, if that was a question, you've got the buy signal yesterday on ticker symbol ENVX. Let's go take a look at Eli Lilly, LLY is a ticker symbol out there on another rampage today. Now yesterday, this formed bar number 8 of a TD9 count. So Eli Lilly, as strong as it has been, is going to confirm a TD9 count top today. It'll complete that pattern tomorrow. What ought to unfold is Price should pull back to test support. The support level is going to be at around 680.47. That's its daily asset or change line. Now there is a new profile that is forming out here and resistance is at 658. And we are already above it. This profile is formed below Price. This is a bullish signal. Nonetheless, you're going to get a TD9 count top on the daily that should result in a retracement at least back towards that asset or change line. The weekly chart is just simply all out bullish. The monthly chart is even more bullish because Price right now, it's only early in the month, it's only the 7th, but right now Price is trading above last month's high. That would negate its monthly TD9 count breakout level.  In any event, I think that's why Eli Lilly is off to the races out there. So hope that helps you out, ELO. Joe D wanted to take a look at Oprah. OPRA is the ticker symbol out there. So let's go see what OPRA is doing. It formed a nice TD9 count bottom. It did that about two weeks ago. That's led to a consolidation with inside its profile levels. Those profile levels range from 1052 at support to 1120 as resistance. Yesterday, Price closed above 1120, and that said that it needed to deal with its next resistance area. And that was where Price had broken down from. And Price broke down from 1150. So if Price can clear 1150 or off to the races with a further move higher. And I would say that further move higher should take you up towards 1340 out there. But there is an A to B equal CD pattern that is likely to unfold if in fact Price can close above that 1150 area out there. And that's really a small A to B equal CD at this stage in time. So that would have to say that if we do get it closed above that 1150 area out there, I'm just drawing in the A to B. I'm just going to move this over to the current C point out here. Looks right great there. So that would get us up towards the 1178 area. My point is as you get up towards that 1180 range, it should you get up there, you want to be on the lookout for a bearish reversal candidate because that would generate then a Gartley cell pattern. That's if one would form. So right now just a good old fashioned consolidation with inside profiles out there on the daily timeframe. The weekly timeframe does not have a bottom.  You can really see that sideways ish consolidation pattern. So to have bottoms on the weekly and the monthly, what does that say that says if you get a close below that bar number eight, that's a bar that formed out here on January the 25th. That low by the way is 1030. If you get a close below that, you should get out of Dodd because that would be signaling lower price out there. And as far as that next price target one, that could generate an A to B equal CD to the downside. I'm not looking at that, but 917 would be that next downside target. So Joe D and all the others, thanks so much for waiting an extra day for those requests out there. But we've got more. We've got further requests that came in yesterday that we didn't get to. And the one was from Michael in Pennington. And Michael wanted to take a look at Kava. C-A-V-A is a ticker symbol. And Michael is looking to short Kava. Well, if we take a look at it, I would have given you the same outlook yesterday as I am today. And yesterday, I would say you're trading above profile, you're trading above a greenhouse that are in change line. The daily timeframe is all out bullish, a bullish breakout mode. Today, you're just adding to that. There's no topping pattern. There's a roadsman to indicator signal. Michael, that would say watch for a bearish reversal candle. If you got a bearish reversal candle, that would confirm a roadsman to indicator top. The weekly chart has negated its TD9 count top, but prices run right smack dab into where it had broken down from. That was at 51.16. Word 51.15 right now. Does that mean sell? It could mean sell, but the daily timeframe is saying, what do you mean it could mean sell? You just told me I was in a breakout bullish mode. And in fact, that is the case out there. So right now, price is just at a normal resistance level. And up on a weekly basis, you can get a close of about 51.16. It's just simply going to suggest you get back to its most recent highs. Looks like from August of last year out there. So Kava looks all out bullish out there. I don't even have an intraday topping signal on a 30 minute timeframe out there. So Michael and Pennington, you're looking to short. I would wait. I would wait for a daily confirmation of a top out there. Instead, this looks to me like it really wants to go target that swing point from back in August of 2023 out there. So thanks for waiting today on Kava. We're going to go to a break here in just a few minutes. We go to that break. We're going to take a look at DKNG, DraftKings. That's for Nicholas. He's looking for the next resistance level. And his question is where to sell. We'll go take a look at that soybean update for Z inside the Tigers Den and others that may be followed along. We'll take a look at SOIB, which is a way to consider that trade. We're going to take a CLF, Palantir, Mosaic, EGY, USO, MDRX and XPEV. I love it. Steve Rhodes with TFNN. We'll be right back. 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. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV. 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Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1 and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we are for a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk, so why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN Educating Investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back. Now, folks, we're taking a chance here for DraftKingsDKNG as the Turkish symbol. I had asked the question because that was the question it was asked of me. Where's the next resistance level? So did anybody during the break come up with the next resistance level that you and I can share or that I can share for you with Nicholas out there because we take a look at that daily timeframe chart? What do we see? We see prices trading above all resistance levels. We're trading up profiles. We're trading above that green asset and change line. We don't have a topping signal out there, so all I can give you is support. It's support is at $40.69. Your question was where's the next resistance level? Where do you sell? So we haven't answered that just yet. What I can share with you, if you look at the weekly timeframe chart, it's in a bullish breakout mode just as the daily is, green asset and change line. We're above that. We're above profile levels. There's no topping pattern out here. So DraftKings wants to go higher. Where's that next price target? Well, if we take a look, I don't have it drawn in here, but if we take a look from its all-time high back in March of 2021, all the way down to the TD9, go bottom that formed in May of 2022. If we take a look at the retracement level, we're at about the 50% area right now, the .618 area is 4970. So we'll give you 4970, may be the next resistance area for DraftKings out there. And above that, we'd say price is going to go back and get towards that 6458 level. That's where price had broken down from on the monthly chart out there. So you're bullish in the daily, bullish in the weekly, bullish in the monthly.  So if you're asking me where to sell, I wouldn't even necessarily sell at that 4970. In other words, what I'm going to share with you is there's not a sell signal that we have right now. So any other action that you take would just be based on other tools, not really these technical tools that Stevie would use. Let's go take a look at those soybeans out there. Now, John is trading the November soybeans or was trading. I don't know whether he's still in that trade. Doesn't matter, but I thought he asked if we would follow along. And I think we should follow along this, maybe a couple others. A couple other trades that we should just simply follow along on a day to day timeframe. Now, here we take a look at the, these are the March contracts. This is the current contract that's sure enough, but that's not what John had interested. So we're going to change panels out here. If you give me a moment, we'll get over to another white background set of screens out there. And what we'll actually take a look at is not just the November soybean contract, but the contracts that are inside of SOYB. So if you want to trade, now in the case of the November contract, let me just expand that out. What we were looking at out here is we were looking for some type of bullish reversal candle. We ended up not getting that a couple of days ago, like we were, maybe at the time we looked at it, looked like that might be, but that's what the November contract needs is a bullish, hold on a minute, hold on a minute, wait, wait, wait. Yeah, it needs a bullish reversal candle to confirm a bottom out there. Price is below profile levels. So that is up at 1188. Is a key resistance level should price rally. So we don't have that bottom pattern on the November contract as we speak just yet. We take a look at the other contracts that are a part of SOYB. That's the only way, other than trade in the future contract that I've been able to identify that you could make this trade. The May contract also, while the May contract did have a arrangement of indicator bottom, that informed, let me see, that's gonna fail if price closes below that low today. And that low out here is, give me a second, why isn't it popping up? Maybe if I do this. There we go. Okay, so the low is, we're looking at January 30th, that low, 1199, even Stephen. I believe this closed back above it. No, it didn't. So it did not. So this needs, the May contract, needs a bullish reversal candle to confirm a roachment to indicator bottom. Let me see on the July contract out here, the July contract. Yeah, that, well, let me see, the low was 1209.25, this low was, this low was 1208.25, yeah. So you need a bullish reversal candles for the three contracts that make up SOYB. John, you still need a bullish reversal candle on the daily timeframe for the November contract. We'll continue to monitor this, but we don't have that entry into the November beans out there. Not as I see, these are the daily time frames. Okay, let's get to our next request out here. The next request is a take look at CLF. That is for McGuppy inside the Tiger's Den.  We'll get back to the CLF charts. Right now what you're looking at is the Four Equity Future contracts. So if you give me a moment, let's go try to find where Stevie stuck that CLF chart. I think it's in this position, and it is. So we take a look at CLF right now, what we know about it, it is consolidating with inside its daily profiles out there. That's between the range and support of 1948. In fact, it's a support zone, 1948 to 1999. And where Cleveland Cliffs has resistance up for that new profile, that's up at 2076. That formed yesterday. What else does Stevie see out here? I don't see a top. I just see price trading with inside profiles on the daily timeframe. Weekly timeframe, price above green, outside and change line above profile. It's traded into a swing point. This is a swing point from the week of December 22nd, volume out there was 86 million shares. Yes, last week you closed inside there with 74 million shares. So you closed inside a swing point with lighter volume. Kind of interesting, because that was the week of December 22nd when you would expect lighter, you don't see it? Oh, thank you, Mr. Bill, appreciate that. You see my other main screen out there. Caught that early enough. Perfect, perfecto. Thank you also, Dan. So here is the Cleveland Cliffs. You can see the consolidation inside the daily profile, 1948 at the bottom, 2076 at the top, trade above profile and a green outside and change line of the weekly or nearly we'd say that is in bullish breakout mode. But because we ran into that swing point on lighter volume, and that's so sure. If we take a look at that monthly timeframe, also a consolidation with inside profile with price finding resistance at that 2071 level, both last month and the month before. Maybe that's telling you you can't bust it to the upside and price is going to try to bust it to the downside. Watch 1948. A close below that would bring 1803 into the mix out there. So I hope that helps you out, McGuppy. Let's go take a good Palantir. That was your second request out there, PLTR. Having some follow through today, quite a bit of follow through. So what do we see here? We see that resistance is up at 2711. 2711 is courtesy of the monthly TD nine count breakdown area out there. We are above profile resistance on the weekly timeframe. We have entered wave number seven, that is letter G. The earliest confirmation that that could come with would be next Friday. You have to see a lower high out there. On the daily timeframe, you've got no topping signals whatsoever. Let's open up this chart, pull it back just a tad, see if there's anything out here. Boy, there is not anything that I see inside of PLTR. So I'm just on the daily timeframe. Just what looked like somewhat of a consolidation. The B point, the potential B point. There's a couple of different B points out here that you could use for Palantir just to try to get a feel for where it's going. So to do that, let's get over to the black background screens. We just have a few seconds before we go to the break. So let's do this for blanks and giggles out there. I'll give you the most aggressive A to B equal CD pattern to the upside out there. On the weekly timeframe, the A point, the week of December 26th of 2022, the B point would be this high out here from November 2023 and that retracement down into January 2024. The one to one A to B equal CD would get us up to 3159. 3159, that appears to be the next target level for Palantir PLTR. Zeroed with TFN, it'll be right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, Forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted Forex strategies and fundamentals what is behind the Tiger Forex report. For all the details and to start your 30 day Tiger Forex report subscription today, visit the front page of TFNN.com, TFNN Educating Investors. 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 seven 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 seven newsletter today. TFNN.com, educating investors. Will the S&P 500 continue to climb for bold trades on US large cap stocks in either direction trade SPXL, SPUU or SPXS. Directions daily S&P 500 bull and bear leveraged ETFs. Direction leveraged ETFs. An investor should carefully consider a fund's investment objective, risks, charges and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus call<PHONE_NUMBER> or visit Direction Investments.com. A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Now folks, we'll take a look at the stock charts here for Mosaic, MOS is the ticker symbol. Now Mosaic had a B point from back in November that was on the date of November the eighth. There was six million shares that traded hands on that day and when it was passed, it was passed with 5.7 and 8.1. So Mosaic actually has, although it's not shown here, it actually has an A to B equal CD pattern to the downside. And that A to B equal CD pattern to the downside gives you a price projection of 2709. Now that being said, what we can also see out here is there's a possibility that over the course of the next couple of days, you could see a TD-9 count bottom. In order for that to happen, there's a couple of different things. You're gonna have to take a look at the close of each bar compared to the bar four bars earlier out there, but there's the potential for that. So Duncan, I know you're looking for a bottom here, I believe, and so what we need to do is come back and take a look at that probably on Friday, give it an opportunity to see. So here's what I'd like you to watch. Let's not take a look at it unless we get that pattern triggered out there and that would be that we would need to see at least a tick below yesterday's low out there. That's at 2974. Today price got a close below. This close out here, that's a close of 3087. Tomorrow, the close would need to be below 3086. So everything is set up. You just need that spike lower in Mosaic. Now, the reason to be paying attention to look for that is because the weekly timeframe chart is gonna form bar number eight of a TD-9 count. So that says you could see a bottom on a weekly basis between this week and two weeks out. Now, next week, in the case of Mosaic, price would need to close below. So you wouldn't be looking at a gigantic rally or anything. Price would need to close below 3210. If you get that, you'd have a TD-9 count on the weekly and potentially a TD-9 count on the daily. These are potential patterns at this stage of the game out there because we still have that A to B equal CD pattern that would get us to at least the 2709 area. So what's the seasonality from Mosaic? Great question out there. Let's go take a look at that. Let's pull this over here. Let's see if we can find out. MOS is the ticker symbol. Let's see if our folks from Season X have got all that history out there and they do. So we take a look at Mosaic. First, let's see how many years worth of data can we pull up? 36 years worth of data. Let's get where we're at right now. Let's just detrend this for a moment just to kind of get a feel. That really didn't do much to us. So we are in the favorable seasonal cycle there, Mr. Bill. So great question. That favorable seasonal cycle typically begins around the January, the 21st of January. Clearly we're not in that. We typically get into the unfavorable seasonal cycle that begins in March. And you can see here, if you look at that bottom right hand panel, it's very unfavorable between March through June out there. So that's what you've got. Great question. Thanks for asking. As always, let's go to our next request out there and that next request coming in from HD. And HD wants to take a look at EGY. EGY is the ticker symbol. No idea what it is. We don't need to know what it is. What we do know is prices trading below profile support on the daily timeframe, profile support at 417. It's gonna be day number four below that. That's not a good scene. However, the daily being helped by the weekly group. The weekly group has got a buy zone between 406 and 421. So HD, that's the real key level out there is 406. No buy pattern or anything on the daily timeframe, consolidation with inside the weekly, your below profiles on the monthly. Boy, that makes it 406 level real key out here. So I'd say you got a consolidation just on the weekly timeframe. Not much more than that that I can provide to you. I would if I could, I can't. So I won't. How about that? I'll tell you what I'll do. The 30 minute timeframe chart has got a TD9 account bottom. And that would suggest that price should go target. It's TD9 account breakdown error. And that's at $4.18 out there. So that's what I have on an intraday base for ticker symbol. EGY. HD also wanted to take a look at that ETF called USO. You know what that means? That means Lightspeed Crude. But the question with regard to those ETFs is what's inside it? If you don't know what's inside it, you could end up making the wrong decisions. For example, March is the active contract for USO. I would ask you this question. What percentage is March of that contract of USO? What percentage? Well, all you have to do is go to the internet, go to USCF, and that is going to be the entity that controls this ETF, USO. And here what we can see, holdings as of yesterday's close. You've got 50% of them are inside of the market value. You've got H. The March contract, you've got $737 million invested.  So you need to be paying attention to both of those. The other stuff down there, there's not too much you can do about that. So you've got to be paying attention to both of those contracts. But here, let's just start with the March contract on the daily time frame. What we can see here is that price and cloud just expanded out. And we'll make sure we're all looking at the exact same chart. Price closed below the bottom of that daily profile. It was bullish in structure. It did so on February 2nd. It did so on February 5th. Yesterday, price got back inside there, found resistance at that center. Today, it's also found resistance at that centerline and its Ossetian change line. Only a close above that Ossetian change line, which is currently at 7410, will put this into a bullish position. I believe you are looking to go along the USO. So I'd want to see lights recruit at least close above that. Now let's go take a look at the other contract. For that, we're going to go ahead and change our screens. Hopefully, I'll remember to change back. Here, we're going to take a look at the April contract for lights recruit and just see what its signal is. So that's the left-hand side. And here, we can see that price was below the bottom of its daily bullish structure profile. Two consecutive sessions, price doing the same thing. So what we would say here is if you can get it closed, what's called 7410. If you had a close on the April contract above 7410, you're likely to see a rally into 7843. Then we're likely to see a rally inside of USO. Here's a daily in the weekly. The daily timeframe chart shows us HD that price of running resistance at its Ossetian change line at $69.37. Daily chart, this is bullish in structure. That would say a close above $69.70, which suggests that we had higher, higher being $72.69. But I would take my Ps and Qs from the March and April lights weed crude contract because of its makeup inside of USO. So HD, I hope that helped you out with regard to those two requests. As always, thanks so much for your participation. We have requests to go take a look at MDRX. That is from none other than Brent in Martinez, California. So let's see if we can get back to those charts, find out where we might have put that. Is it here? Is that MDRX? No, that was EGY. So I'm thinking maybe MDRX is right there. So we take a look at MDRX. I believe Brent is looking for a bottom. So what we have out here, Brent right now, is we have a price trading below profile, bar number six of a TD9 count in the daily timeframe, roadsman to indicator signal that has been triggered. That needs a bullish reversal candle to enter a long position. Let's update the charts on the weekly chart. The weekly chart has the same kind of pattern. It's negated a TD9 count bottom. It's trading below profile levels out there. It also needs a bullish reversal candle on the monthly timeframe chart. The monthly timeframe chart for M, M, oh my not on the right screen. No, geez Louise, thank you, thank you, thank you. Thank you, thank you. Told you I would screw it up and I did. But that's okay. We had enough wingman and women in the audience to help us out. So here you can see we're below profile in a daily, below red-oslin and change line, same conditions on the weekly, same conditions on the monthly. So Brent, I would say that MDRX, what is MDRX? I'm gonna guess it's a prescription company of some sort. MDRX is Veridigem. Veridigem wants lower price, Brent. That's all that I've got for you as we speak right now. Steve Rhodes with TFNN. When we come back, let's take a look at Tesla for Vic. Steve Rhodes, TFNN, you're right. 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. 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TFNN, educating investors. Welcome back folks.  There is an A to B equal CD pattern in the downside. So any bullish reversal can on a daily timeframe would confirm a buy the D point pattern out there. We had a request to take an XPEV. I believe that is a China ETF for electric vehicles out there. It's got a nice TD9 count bottom on the weekly timeframe so this should continue to rally. Resist is 8.91, 9.36 and then 10.48 out there. Let's take a quick peek here at Tesla. For Vic, Tesla generated the long signal yesterday. It confirmed a rogment to indicator bottom pattern. It's got a new profile that is forming today. Support at 181.42, resisted at 192.09. I wouldn't take the long trade now because of that new profile out there. But if we did get a close of of 192.09, that would tell you that Tesla has a change in trans signal out there. Otherwise, I try to buy support. And support would be at about 181.42 unless you got some other type of intraday signal out there. But we've definitely got a bottom in Tesla on the daily timeframe. The bottom would fail with a close below the low of February 5th and that would be at below 175.01. Weekly chart does not have a bottom. Suggest 164.35 and the monthly chart suggests moved down to 144.165. If I follow the daily first, you need to see failures on the daily to suggest those lower price so that we just took a look at out there. The, what else was there? That's it. Wow. We got through all of the requests out there. That's a beautiful thing. Let's take a quick peek in, go back to the intraday charts out there for the NQ to see if there's any other signals, anything that I can provide to you before we were looking at just the 10 minute chart, that was the only thing that had a topping signal out there. That is really still the case where we take a look at the NQ. So what that says, folks, is go ahead and watch the price level of 17. 793.50, if at five PM, it settles above that, you do not have a top inside the NQ. You most certainly do not have a top inside the ES. And if the Dow can close above its high from a few days ago, that high being 38.892, that top will have evaporated as well. Thanks for joining me, folks. Stay tuned for all the great programming. I'll see you tomorrow on terrific Thursday. Please have a wonderful Wednesday and be safe out there. Take care.


Hey everyone welcome to our month-end video update July is in the books So I just wanted to take a couple minutes to review our closed trades for the month of July total profit this month $2,766 average profit per trade of 255 we had 12 total trades 10 of which were winners two losers giving us a winning percentage of 83.3% Quite a few strategies traded this month short strangles iron condor. We just recently Released our newest strategy course in regards to trading weekly income options So we had a weekly iron condor weekly double calendar Those are taught step-by-step in our weekly income course Now we had a couple of earnings related trades including a pre earnings long straddle pre earnings long call and a post earnings Short put vertical all of which are taught step-by-step in our earnings course If you do want to follow along and get these alerts by text message and email our pro membership is currently open Just go to navigation trading comm Pro dash member or you can click on the big orange button in the upper right hand corner on any page on our site at Navigation trading comm Let's jump over to our performance page and take a look at where we're at year-to-date So in 2019 we've closed 76 trades average profit per trade of a hundred and thirty four dollars with a winning percentage of eighty two point nine percent And then here is our running total if you're on this page Which is at navigation trading comm slash performance you can click on that to kind of enlarge it just to give you an idea Of where we're at going all the way back to June of 2017 when we first started posting our trade alerts So let's jump into the members area So if you are a pro member, this is what it'll look like in addition to the alerts posted here You also see all the different strategy courses from iron condors to short strangles calendar spreads butterflies Directional strategies futures options on earnings for quick profits the money flow the VIX option Assignment the weekly income that I just mentioned also have access to our e-book. So all of that is in the Membership area as a pro member right now. We're clicked on the navigation alerts closed trades So let's dive a little bit deeper in all those trades that we closed this month starting with McDonald's we did a pre earnings long straddle and booked a nice profit of 366 on that trade in CL which is the oil futures. We did a short strangle there booked a nice profit of 670 Next in Caterpillar ticker CAT did a pre earnings long call Got some of that momentum leading up to the earnings announcement made $267 on that trade the next one and one of our losers was an SPX weekly iron condor that we put on This one just did not work in our favor and ended up taking a loss on that one of $440 and then our other loser and you can see all these adjustments We had been in this trade this IWM iron condor for quite a while making adjustments This moved really far against us right out of the gate So we were just managing and trying to get back some of the initial losses that we took here We weren't able to get back to profits. We ended up just closing this out because implied volatility got super low We were down quite a bit more than this so we cut back on a lot of those losses Which is the key to these adjustments and so we turned you know It was a pretty significant loss into a I don't want to say small but a loser of 532 as opposed to quite a bit more Next trade was another one of our weekly trades in SPX booked a profit of $130 there Then we did an iron condor in FXI had to make several adjustments and got back to a small profit of 92 bucks eBay we did a short strangle right after they announced earnings and made $144 on that one Went back to oil CL did a short strangle there No adjustments needed took this off after just a couple weeks booked another profit of 450 And then another weekly income trade in SPX another iron condor We're able to squeak out a little profit on this one of 65 bucks and then Starbucks ticker SBUX We did a post earnings trade booked a profit of 184 on this one This was a quick one. We were in and out in less than an hour on that one So a lot quicker than normal, but we're able to take a quick profit of 184 and then lastly our biggest winner of the week Was another one of our SPX weekly income trades in this case It was a double calendar and booked a profit of over $1300 on that trade So those are all the closed trades for the month of July again If you're interested in getting those alerts, you can just go to any page on our site Clicking the big orange button in the upper right hand corner and you can test drive our pro membership full access for 14 days for just a dollar and We look forward to another great month of trading in August and we hope to see you on the inside. See you then


What's up guys? So the real estate market, did it just take a rebound? I believe it did. I think that we're leveling off here. I think we're finding this new normal. Now I've always talked about once something shocks the market and sends shock waves through the industry, right? Any possible prospects that we're looking to possibly buy, even sell, once that shock happens, once that event happens, they kind of put the brakes on. And everybody kind of takes a step back for a second to see, OK, what's going to happen here? And there's normally a three month period there of a transition, a bridge, if you will, from that old market, the market that we were in, and to the new market, the new market that we're going to be in, the new normal, right? And that's where we're almost to, because the event that happened was interest rates. Of course, when it went up 1%, when it went up 2%, now it's even up higher than that. That was the shock that went through the industry. And it almost happened overnight, even though it was very telegraphed. And a lot of people saw it coming. But the fact is this, we're almost to the end of this three month period, right? And we're starting to see this new normal, where everybody realizes, hey, interest rates are higher. Prices are where they are. And inventory is where it is. But I want to share with you the data that I feel like is really indicating to us that we're seeing this leveling out. We're seeing this beginning stages of the new normal. Before I do that, I want to answer the question of the day from Instagram. And this agent asked me, how did you become better at sales as a realtor? Did you practice your scripts over and over until you mastered it? And I replied with, I never practiced my scripts. And that's true. I always practiced on my prospects. That was my practice. That was my role play, was to call people real prospects and work on my scripts that way. I looked at everything as if it were a practice run. I said, and I eventually realized that I'm not even in sales. I realized that I'm in the service industry and here to help people do whatever it is they're trying to do. And that's something I really harp on a lot with you guys is that we're not in sales here. We're actually in the service industry, whereas I'm just trying to listen to my clients about what they want to do, the timeline they want to do it in, the reasons they want to do it. I'm asking all these questions because I'm trying to collect that information so that I can figure out how I can best serve them. How can I put together a customized game plan around their situation that makes them happy because I'm helping them do what they want to do? In the beginning of my career, it was nothing like that. I was only trying to close the deal, close the deal, close the deal. And you guys know what the results were there. I eventually lost everything, went bankrupt, got out of real estate, was working on an oil rig. It took me going through all that to realize that the one mistake I made was just not trying to help people do what they were trying to do. I was always trying to help them do what I wanted them to do. And that's a good way to lose clients. Now I share all of this with you, my entire game plan, scripts, tutorials, the whole nine yards right there in the free 60 day challenge at zero to diamond.com. We start a new round as a group every quarter, which is gonna start this quarter in July. I'm gonna do a Zoom call this quarter. Once a week with the entire group, I'm gonna help you through that 60 day journey of going through this 60 days. And I'm really excited to do that for you. This is all completely free. So if you're not registered, just go to zero to diamond.com, register and get ready for the ride. I'm also gonna be in San Antonio, July 15th. We're gonna have a zero to diamond tour. Again, completely free. Tickets are at zero to diamond.com or I'll put a link in the description here. Go there, register, come to San Antonio. I would love to see you already have hundreds of agents already registered for that event. Now I wanna tell you what I'm seeing here in the market and what I think's happening. So in May, NAR came out and said 1.6% more pending deals than the month prior. So it was up 1.6%. Now why is that interesting? Well, because that stopped a six month slide. Each month it was down, down, down, down and finally in May we see a slide increase. So that's very interesting. We're still down 12% on the year. But let me just explain what I'm seeing here. We're on the final stages of that three month bridge into our new normal. So as we get through this bridge where everybody's trying to realize the new reality, we're gonna see some of these buyers come back that can't afford, right? They can't afford with the higher interest rates but they wanted to see what was gonna happen. So we have this group of people that wanted to buy because interest rates come up but they wanna buy before it goes even higher but nobody knows if it's gonna go. This is just FOMO, if you will. Also we saw a large uptick in inventory, right? The large uptick in inventory in a lot of local markets, right? If you look at your local market, chances are you saw an increase in inventory. Now a lot of that inventory was overpriced because we have a lot of delusional sellers that are still in the mindset of the old reality, of the old market that's no longer here but as far as viable listings that are price right, we do have an uptick and I think the uptick in pending deals was kind of a combination of more inventory and we're seeing people kind of get used to the fact that interest rates are gonna be higher and this is a new normal. Still incredibly low. Historically everybody knows that but the real problem that we have right now is 2.6 months of inventory across the nation. This is an incredibly strong sellers market and listings are easier to get right now. This is the greatest time to be a real estate agent. Yes, transactions are gonna be lower and that's from a combination of lack of inventory even though we have higher we still have really low inventory way less than what we need compared to the demand, right? And we have so much more demand coming around the corner, right? It's coming at us from every which angle. So the supply and demand issue is gonna continue to be an issue and I think that is the biggest reason why we're gonna have less transactions just cause we don't have enough inventory to take care of it, right? It's the same situation where we ran last year, right? But what we're gonna see is this new normal where it takes a month or two to sell a property, right? Selling a property in an hour with 15 offers for 50,000 more than asking price is not normal, ladies and gentlemen. I hate to break it to you. The normal is a couple of months. The seller has to negotiate a little bit. I think that's what kind of market we're moving into, right? Where prices are still gonna increase, right? Prices are still gonna increase. They're just not gonna increase as fast. I did a video a couple of days ago or last week about the fact that we're up 14.8% price wise year to date and we're up 3% month over month. Prices are still going up, ladies and gentlemen, just not as fast. We're an incredibly price sensitive market. If I can get anything through to you today, it's the fact that we're in such a strongly price sensitive market where you have to price it right on the money. You gotta price it right on the money. The difference in five or 10 or $15,000 difference on the asking price can be like night and day of you getting no showings and you selling the property within a week or two or even a month. So guys, we are heading into this new normal, right? Where the bridge from the old market to the new market is almost to the end of its rope. And I gotta tell ya, and you better be excited as well. I'm super excited about the future of this market. Will we have less transactions? I believe so. Is it gonna be an incredible time to get out there and hustle and build your brand and acquire more market share and really hit this recession with everything you've got? Absolutely. And you're gonna thank yourself a year from now, two years from now, five years from now and even 10 years from now that you hit the next six to eight to 12 to 18 months as hard as you could. And I'm gonna be doing the same thing right there next to ya. We'll see you guys on the next video. Much love.


Hey, hello friends, welcome again to this session on James of Geometry and today We are going to discuss another very interesting theorem. It's called Morley's trisector theorem Now I have spent a good amount of time Constructing this diagram first before you, you know Get to understand what's Morley's trisector theorem. Let me just show you what went behind this construction So if I just show you this is the total construction, so don't get Bogged on by the construction which I have done It's Basically to trisect an angle and that to thrice that means there are three angles I have trisected all the three angles of the Given triangle, so let me just hide it so that it becomes clear to you So I have hidden everything which is you know the part of the construction which is not required for the proof and I have used the functions of hyperbola and Trisection of a line segment to trisect the angle that's another thing how I did it probably allowed to dedicate one full session on How to trisect a given angle Through construction, okay So now let me tell you what exactly is this theorem about so Morley's trisection trisection or trisector theorem says that ABC is a given triangle, okay? And you trisect all the three vertices a b and c so you can see I have trisected Angle a angle b and angle c the values of the angles have been given over here I hope you are able to see it for example here. It is twenty two point nine seven It is twenty one point five one at angle a and fifteen point five two degrees at angle b and What I've done is so you take the trisect, you know the point of intersection of the trisectors In an order for example the first one here and the first one here. They are intersecting here this point j one and The trisector this one this one here k1 b and k1 c is intersecting at k1 and Trisector C I one and a I one is intersecting at I one so these are the three points of intersection of the Trisectors taken one and you know at a time pair of them at a time and once you get this triangle Interestingly, this triangle is an equilateral triangle and that is what is both least trisector theorem so What is it once again? A triangle is there a bc you have trisectors drawn for each of the three angles and Let them intersect so the first trisector here is intersecting the Other trisector of the other angle at j one similarly k1 and I one and you join k1 j1 I one And it will always be a equilateral triangle. That is what was given by Frank Morley I think somewhere in Later part of 19th century So the proof is also very interesting, but this session in this session We are only going to validate it now the validation might look a little ugly because you know at times the moment I change the positions of B and C The figures might get degenerate points and hence, you know because hyperbolas and other you know Tools have been used. Can you see that? there are Three pairs of hyperbolas, which I have not drawn so it might so happen that You know some points are missing. So hence you can see some We are diagrams, but let us try anyways to validate it. So what I'm going to do is I'm going to change the point B and C, right? So these are variable points and let's see what happens. So let me stick this point B Yeah, you can see the points are missing at times, but then never mind. We will get something. Okay, so here Yeah, I got oh, I had just caught one over there So difficult to find out one. Yeah, here. Oh, I just missed it once again So you can see yes, this is another position where I'm getting this you know see the the construction of trisector of an angle was really a tedious job and You know if you go through the construction you will realize that it might so happen that The points of intersection which is there in the background are not real point and hence you see some kind of Weird figures in the middle, but then again, I have drawn another triangle. So this is another position where ABC is a triangle with all the you know, the Trisectors there so 23.96 18.35 and 17.68 these are three angles or in a Trisected angles that is and again, you can see this is 60 degrees The angles made here is 60 degrees. Let me change points see a bit and see what happens So let me take it to yeah, I had got one. Yeah, I'm intermittent points You can see lots of Yes, once again, I got another one So this is also where the three trisectors are intersecting and you get a equilateral triangle. So So now in this construction is becoming a little difficult to show you that every time you change the orientation of the triangle You will get an equilateral triangle because of the construction which I had Done right. So if I have a very, you know, or let's say a better way of trisecting an angle, maybe Then you will see a smooth transition And you can see a lot of processing is anyways happening the moment I'm changing one point So you can see what's there Okay behind so this is what the construction was like was you know, I have Kind of put everything in the background. So you got to see only this one Correct. So in the next session, we'll try to prove this theorem that will be really interesting proof So in this session, I wanted to just show you That what more least trisector theorem is now, I hope you understood it So there are three trisectors two trisectors each of each vertex angle Of the triangle and then they meet at three points. The three points when joined form an equilateral triangle always, okay, so this proof and a little bit of More on the properties of This particular theorem In terms of you'll see that few points lie on the circle, which all points I will explain The proof of more least trisector theorem. So see you again. Thank you