It's a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Let's go to our man, George in Newport, Richie. George, what's going on, brother? Hello, Tom. Good afternoon. How are you? I'm doing great yourself. Yeah, great. I've been following you for the last two years, listening to your show. Well, thank you very much. I appreciate it, George. All the hard work you've done for us over the years. Well, I really appreciate your call and saying hi. My pleasure, Tom. OK. Welcome to your show. Thank you, man. Have a great one and safe one. Appreciate it, man. Now, Tom O'Brien. What's going on, folks? This is Jacob Fillion in for Tom O'Brien today. Give us a call. You can send me an email as well. I'd like that too. Jacob at TFNN.com. Let's hop in and see what we got going on. It's been a little bit since I've been with you all. We have the ESMini trading off about 0.24%, 5,078. We have the Russell off about 0.55%. Of course, we're trading up 2,048 in the Russell. Some nice movement in the stock over the past few days, at least. NQ off about 0.62%, trading 17,909, oscillating 910. The Dow futures, 38,929 off about 0.22%. Right now, kind of just a sideways to lower day. Gold contract, actually doing OK. Looks like we're having a little consolidation period in it, at least for the past week or so. Obviously, we had a big blowout in the gold contract in general. We saw some massive movements down in companies like Wheaton Precious Metal. Obviously, Newmont got hit pretty hard as well. I believe we were talking about that. Maybe a few weeks ago, I think someone had called. And this isn't like a, I'm not saying this to be like, oh, yeah, look, I called it right. But what I'm trying to say is you had this just non-stellar movement in Newmont on low volume. And it kept wanting to test these lower bounds. And that can set up for a lower profile. And whatever that was in the day that sent gold prices down, well, it really shocked a few of these companies. Obviously, you can see the downward trend here. And it seems that we're continuing a little bit of a recovery, not in Newmont. I mean, these are low lows, turning at 2986 currently. This is on the sixth month. Let me see. I mean, this is low on five year. OK, even lower than roughly middle of March of 2020. So at least the gold contract, we've seen like a minor bounce back in it, not minor. I mean, this is pretty decent, right? We had this low round. I mean, it cracked that psychological level of 2000. Not a significant volume or anything, but we were down here for a little while, turning about 1824. We came back up. This, of course, was in October of last year. We had that down break. Excuse me. This is the one I wanted to look at in 1997 and 40 cents. We're trading back up to 2042. We'll see if we can maintain some stability there that was actually, I think, somewhat encouraging in some capacity. I want to see where the large, large appeal in gold is going to be and what's going to send this up, right? It's seeing these kind of peripheral, I suppose, assets or commodities. I mean, I see crypto really taking a lot of this. And I think people do invest in crypto for the same reason they invest in gold. Again, I've spoken about that a lot, how I don't know if that's logically the best thing. But regardless, I mean, we're seeing a massive capital dump into crypto recently. We're seeing nothing in gold. Of course, these are two different vehicles entirely, but I still think you have conversations societally that these seek to do the same thing, which is kind of a hedge against inflation. Honestly, I see this kind of being a paradigm shift maybe. And again, I'm young. This is really the first time I've seen anything other than to the moon bull market, right? So this is kind of just my perspective as a 27-year-old who's only been investing for maybe about five years or something like that. Silver at 2264. Copper pretty stable still at 383 off about 0.34% today. Of course, the big talk is going on with crude and really natural gas as well. I had, to be honest, I had no hope that natural gas was going to do anything. Again, when I traveled to Denver, they mine a lot out there. And one of the byproducts of oil is going to be natural gas. And also, you just have fracking in general.  There's just so much of it. And I think there's a lot of different things at play here. I think in the Permian Basin, you're going to have natural gas being kind of like an auxiliary, in case there's something wrong with oil prices, so to kind of balance out energy. But I think they're not cutting back supply. And there is some conversation now that there is going to be some cutback in natural gas supply, which I believe is kind of what's contributing to this momentary rally in the natural gas contract and obviously moves and boil on everything. But I think they were holding out kind of cutting production in the hopes that liquefying natural gas becomes a little bit more efficient and cost effective. And it stands to be seen if that's going to be the case. And if that gets pushed out a long time, I think I guess you might end up seeing more companies just kind of opt to just decrease production of purely that kind of stuff. And maybe that will increase the price of it. I don't know. It's definitely unique. I mean, we had a, your email me, and he emails me a lot, and I love hearing from him, but he was talking about natural gas. And I was just like, listen, there's just so much of it.  And I don't see why that would be a good investment opportunity, but it was. And these are the interesting journey of trading, right? And thinking you have this kind of like thesis and you run it. And then reality just kind of hits you in the foot, right? But of course, that's why we have the traders here and all the newsletters kind of teach you. And I learn every day from this kind of stuff. And it really is fascinating. Let's take a look at Tesla trading up 201.51. Of course, the roadster is coming out. And this is some kind of crossover production with SpaceX, which is a cool little marketing campaign for them. Tesla's still at 201.52. Again, demand for EV is going down. We are seeing consumers in general kind of push back against increases in prices of everything, right? I mean, from vehicles, you see a greater consumption of used vehicles. And you're even seeing it in stuff like at the grocery store where generic goods are being purchased at a higher rate now. And so I don't know what the price point. I'll have to look this up because I think it has been mentioned. But the price point of the roadster and these new quote unquote top of the line EVs, and I think on a few years at least going out, you're going to see kind of a suppressed demand in it. Let's take a look at steel dynamics, man. It's just the little engine that won't quit. We are at 13255. Now, again, it's nerve-wracking for me a little bit. Of course, you had a lot of volume coming up, OK, kind of past this 120 area. And we had been seeing kind of a trade-in from November up until about December 14th in that 110 to 120. Shot up on some interesting volume, right? I mean, obviously, there's a lot of conflict here. But traversal back down to 110. And then we're up at 130. Now, this is all on light volume, OK? And that, again, would tell me that maybe this isn't phenomenal, but you keep seeing it defy this kind of analysis. It's very interesting. Folks, stay tuned. We'll be right back. 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And remember, at TFNN, we're so confident in the value we provide that we offer 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. All now toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Welcome back, folks. This is Jacob Schup feeling in for Tom O'Brien. We actually have a caller on the line. This is Tom in Tampa. Tom, how are you doing? Can you hear me? Hey, good, Jacob. How are you doing? I'm doing well. Thank you very much. We're taking a look at VOO, the Vanguard Mimic, right? Right, right. Perfect. So what are you looking at with this? Is Amazon still one of the holdings in that fund? Let me check for you. I would assume it probably is, but let me just take a look here. I don't have access to it on Thinkorswim, so I'll have to take a look over on Vanguard. Didn't Amazon jump over the York Stock Exchange? Is that what I'm hearing? I am not sure. Give me one second. So we have, this is from Vanguard. So you have your top holding is Microsoft, okay? That's 7.23%, Apple 6.6, NVIDIA 3.7, and then Amazon 3.4. So it's one of the larger weightings, at least in VOO. I thought it hurt something. Amazon's trading nowhere on the New York Stock Exchange now, or something like that. I don't know, maybe I misheard something. Yeah, I'm not sure what that would be. You said it's trading what now? Amazon is trading on the New York Stock Exchange now. Does that sound right? It wouldn't matter though. Well, it joins the Dow. Yeah, it's also got Berkshire halfway in there too in Tesla. They're in that as well. Yeah, let's see. After Amazon, you got Meta, Google Class A, and then Google Class C, and then you have Berkshire and then Tesla. Berkshire, and this is Class B, is gonna be about 1.7 in Tesla, 1.27%. Yeah, that funds me kicking ass, man. I love VOO, I mean, I have a good portion of my personal portfolio in VOO. I mean, it's just, it's kind of a no-brainer, right? I think it's a lower expense ratio. Yeah, totally, man. Yeah, and it's a lower expense ratio compared to spy, and I think, you know, you could say it's negligible, but I think it's done better overall than the spy, just slightly, you know? But yeah, I love this. And you know, here's another one, Tom. When we get back into a low interest rate structure, this, if you can see the screen here, now we're a little bit low, and these growth ETFs get better, of course, when you have lower interest rates, because capital's cheaper, but VUG, man. I mean, take a look at this one when you get the chance, like on your own time. But I love this for when the economy's really chugging along and we're seeing some big growth, so. Yeah, and those companies are just like Tom O'Brien says, they're just gonna keep getting bigger and bigger. I mean, he's the one that I found out really on the VOO.  Absolutely, and you know, hold all else in the environment.  You've got these bigger companies that have all these resources, and for the most part, they just keep going, you know, bar some major black swan event, you know? So, awesome deal. Right, yeah. Well, Tom, is there anything else I can look at for you? No, I think that'll do it. Wish we could get some, something going on, GDX, but it's just gonna take time, so that's the way it goes. That's what it is, and I don't know if you listen to some of the interviews, you know, Tom has with Tim Ord and everything, and Tim Ord, you know, he sees all the bullish profiles, and he's straight up when he says, like, we just don't know when it's gonna get triggered, but I hear you, that's one of the things I look at a lot. It's kind of like when Peter Lynch ran that massive, you know, the Magella fund back in the 80s and 90s, I was reading a book on the laws of unbreakable success, they said what that guy would do is, he would hold stocks sometimes for long periods of time, sometimes up to seven to eight years, and you know, hopefully it won't be that long, but you know what I mean, that fund was just, they finally had to close that fund, it got so big back in the 80s and 90s. No kidding. Fascinating sumo. Yeah, it was called the Podeli Magella fund back then, so. Right on. What he's doing, he's a powerhouse, yeah. Love it. Well, Tom, thank you so much for calling in. Okay, Jacob, have a great day. You're doing a great job, you and Tommy. Thank you so much, all right? I really appreciate the kind words. Take care now, Tom. You bet. Okay, bye-bye. Fantastic, bye. All right, and then, yeah, so again, folks, that's VOO, VOO is just, it's basically, you know, like a mock S&P 500 from Vanguard. Of course, I just listed out the weightings. If you're ever curious, like what's in an ETF, you can just type in, you know, the ticker and then weightings, right? So usually the company that's providing the ETF will have all that included. And, you know, that can be a little bit more personalized, but for the most part, it's a pretty good clone. And then VUG, this is actually a growth index.  What a start. Anyways, I'm yapping and we have another caller on the line. We got George from Newport Richie. He's taking a look at the gold contract. George, is that correct? Maybe we don't have George anymore. Hello, Jacob. George, George, oh, George, how you doing? Excellent, how are you, sir? Good, I recognize your voice, George. Yeah, I'm enjoying listening to your show. Absolutely, so how have you been? It's been a little bit since we spoke. You're looking at the gold contract right now, right? Yeah, everything is good. Hey, how about the weather, Jacob? For a summer like day to Florida, over 80. This Florida weather will put you in a tailspin, honestly. I mean, it was cold, like, what, three days ago and now we're kind of hot today. So, but you're right. I think spring's right around the corner there, George. Yeah, yeah, today's over 80. It's a beautiful thing. Yeah, I didn't dress pretty well, yeah. Speaking of the gold. Yes. I would like your take, but let me start by saying that the gold man at 2,000 plus dollars and ounce and the miners being such underperformers. You see, if we knew gold at 2,000 plus and GDX and gold miner stocks being at these low levels, I don't think anyone was going to see that coming. No. And to me, the issue is the cryptocurrencies, Bitcoin, and like it looks like the money from the miners is going straight to cryptos until this changes. I don't think we're going to see these miners go anywhere, but we might be very close because Bitcoin is approaching all-time highs and once that does a double top, maybe then things will look better for the miners. Right, you might see some capital exiting out of Bitcoin, just in profit taking. And listen, what you're saying is an interesting point. There has always been this conversation that crypto was going to replace the function of gold in the economy, just as a store of value. And I have argued against that historically because what we see cryptocurrency actually act as is just a very high and rapidly appreciating asset, which I would say that's not what you would expect in a store of wealth, quote unquote. Just something that can be inflation resistant. However, you get some of the academics who look at it as being competitive gold. And most importantly, you have Larry Fink coming out and saying that Bitcoin is going to be this new vehicle. What gold was, Bitcoin is going to be, and Bitcoin is better because it has a finite amount, essentially, right? I mean, of course, it's a finite amount of gold, too. But the differences are very stark. So what you're saying is kind of an interesting point. And if we see anything happen, whether that's regulatory or whether that's just vast profit taking and people wanting to go elsewhere, I think we might see miners come back. George, if you want to stay on the line, we have a break, but you're more than welcome to stay with us so we can chat a little bit more after the break. All right, Jacob. Okay, awesome. Folks, stay tuned, 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. 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At tfnn, you'll get advice and guidance from the authority in technical market analysis, and it's not just dry, tedious text either. tfnn airs live financial content streamed live on tfnn.com and tfnn's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be, tfnn, educating investors. 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, folks. This is Jacob Schupfield in for Tom O'Brien. Before we went to the breaker on the phone with George, he's talking a little bit about gold and sharing his thoughts with how crypto might be competing with a lot of the gold miners. George, you still there? That's all right, no problem. The point is there seems to be some conversation and again, at high levels of finance that you're seeing Bitcoin at least taking over from what gold has historically done and you think about it too, right? Like you don't really need to just maintain at inflation levels if you're beating it by such a large amount. And let's talk about that, right? So we have Bitcoin at 60,000, right? I mean, this is huge movement. We're looking at grayscale Bitcoin right now. This was a trust that kind of went basically into an ETF. We're really with the first of its kind in a sense. More of about 5.37% today. You know, what's going on with it? Okay, what's going to occur is something called the having. And this is when basically output for solving a hash, okay, what crypto is, you know, Bitcoin is created, this is proof of work, is you have these hash blocks, right? And hash is, you know, just, it's kind of like an encryption in a sense. And you need to basically run it through computers in order to try to solve this hash. And once you solve the hash, the miners that contributed get Bitcoin or portions of Bitcoin or however it works. There's something called the having, which means that same amount of effort to create one Bitcoin today will create half a Bitcoin in the future. Okay, so this obviously decreases supply and new supply of Bitcoin. This increases price, right? It's a price quantity kind of deal. And I think mainly what you hear, so there's that kind of more, you know, learned understanding of what's occurring. But I think really, and this is from like, you know, being on the, you know, among the common folk and everything, when we're all talking about like, what do we invest in and stuff?  I mean, it's brutal. But I think this is like what you see and the general consensus among most people, you know, even if you don't have any experience in finance or anything like that or trading, is that Bitcoin is going to continue to go up because every time it goes down, right? And this is something to do with media, I feel like. Every time it goes down, it gets, you know, dunked on, I suppose. Like, there we go, showed you guys, right? And then we see it go right back up and we're at 60,000 again. And I think enough of those cycles have occurred to where as your common person, who's not involved in this kind of stuff, is going to invest in the thing, right?  You know, that was last trading in 2021 like that and it just, it came down entirely and now we're right back up. And then of course, with these heavy hitters like Larry Fink behind it and some of these other large scale ETFs, you just get a lot of attraction. I mean, obviously the man's there in the ETFs and you can have these funds buy more Bitcoin. So it's pretty fascinating stuff and we'll stand to see, you know, if there is for whatever reason, some, you know, aversion developed to this kind of stuff. If we see, you know, some kind of inverse correlation with miners, I mean, that'll be kind of interesting to see, right? And that's really, I think, you know, what we have to see as investors, okay? Like does, is what we're seeing in gold in this malaise we have in these kind of strange breakdowns, is that due because the capital that would be flowing into these and the miners and everything is actually going into Bitcoin? I, you know, it'll be interesting to see. There's probably some data there that supports both sides, I would argue. Anyways, oh, let's see, this is another stock. I got someone emailed me on this. This is Lemonade and this, this viewer. Oh, by the way, I wanted to say too, like I love the calls. Like I, you know, I actually was, it was great time. I actually got to meet George in person, right? Just like randomly it happened and he was just great to talk to. And I have a few of you guys, you know, who email me and call me sometimes just to chat and I think it's awesome. That's what's so cool about this company, right? Like, you know, this is financial services and everything. And I think a lot of people can have an idea that's like a stuffy kind of concept. But getting to interact with some of you guys, especially people who've been here for so long, it's just so fascinating, right? I think it's just a neat thing. And so I really appreciate it. This also comes from someone that I talk to a lot. He's a divest in Lemonade, right? This is more of a meme stock. Okay, obviously you had this massive run up recently after some guidance that, excuse me, after the financials were dropped, they were decent, okay, to some extent, right? Like loss had been less. And then there's also some talk, I suppose, of there is going to be a short squeeze on the stock, right? So you get all these kind of Reddit guys jumping in here. And this one was confirmed that it was being spoken about, right, on Wall Street Pets. You know, for instance, that company, Hollow, that blew up, everyone was saying that was a meme stock. That's a weird one because it was no conversation on any of the meme stock forums of investing in Hollow. So you kind of ask yourself, like, who dumped in all that money? Well, for Lemonade, we can be pretty sure that this was in part, I suppose, rallied by Reddit guys trying to attempt a short squeeze. Of course, we had a massive fall down today. Lemonade does insurance, and their focus, multi-line insurance, and their focus essentially is, or rather their competitive edge is that they use AI. And you know, that's almost getting tiring to hear a company be like, hey, I use AI and invest in me because of that. That was like what this was almost. Well, anyways, we're down about 27% today. We can talk a little bit about that. They had a call earlier and it wasn't as frilly, I suppose, as people had expected on it. So Lemonade's stock dropped 9.1% in after hours, as it was yesterday. Trading after the insurer disclosed plans to double its growth budget this year, but it doesn't expect Q1 or full-year revenue to reach the average analyst estimates for those periods. The company said it plans to double its growth budget from 2024, from the 55 million it spent in 2023. And Dollar Terms Lemonade expects to add about 50% more in force premium in 2024 than it did in 2023. Also, they reduced their losses okay, because they were getting more cashflow in, but a lot of that cashflow and I was trying to find where they would have this data and I'll look a little bit harder as well, but it was hard to say, but I know that a lot of this extra revenue generation was because of increasing premiums, right? Insurance companies were having a struggle with inflation and they had to increase premiums. I mean, we even saw with CPI for year over year, one of the major drivers was insurance. So, you know, get to a point where it's like, okay, you're making better revenue, but are you adding more people in or are you just charging more for this kind of service? I think that's a valid question when you're kind of trying to analyze the stock you wanna invest in and kind of look at it on the long term. Anyways, let's see here, the AI driven insurer insurer expects Q1 revenue of 111 to 113 million with an average analyst estimate of 119.5. So, you know, that's, I think, partly what's kind of driving this down. And again, with these meme stocks, it's just a strange kind of battlefield constantly with it. Oh, let's take a look here. I wanted to look at, I believe this is, took a shot in the dark because I don't look at this company at all. Yes, look at that, whoa. Beyond meat, up 34% today. We'll talk a little bit about that when we get back from the break. 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. Biotech is booming, but for how long? 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Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. All right, welcome back, folks. Before we went to the break, we're talking a little bit about Beyond Meat. As B-Y-N-D is the ticker, we're up 35% today on absurd volume, you know, relatively speaking. Let's take a look at why that happened. Basically, they're just cutting costs. We can talk a little bit more about that. Volume did increase as well, which is good because they're having a hard time in the States, to be honest. And I don't see that really changing. I think it's more expensive. I guess probably less palatable. I mean, you're kind of banking on appealing to people's like moral sensibilities and to an extent health sensibilities as well. But I would argue that there is a pivot point right now in American culture about, you know, the perspective of plant-based diets as being solely healthy, right? So I think you have a lot of, you know, I'm not saying anything about that. I'm just saying that exists, right? And so let's talk a little bit about it just from financial perspective or business perspective. On Tuesday, the top market expectations for the fourth quarter revenue on resilient demand for its faux meat patties in key markets outside of the United States. Instead of ramp up pricing actions in 2024, the company shares, which fell 27.7% in 2023, jumped about 84% in extended trade on Tuesday, as CEO Ethan Brown also said beyond meat would steeply reduce operating expense and cash use in the year. About 40% of the company's shares were short at the end of January. To counter a weak demand in the U.S., and this is the interesting part, beyond meat, which supplies its plant-based meat patties to fast food chains, such as McDonald's, has lower prices and resorted to higher discounts, okay? That's something interesting to note. Faux meat is pricier than traditional meat, we all know that, and I just went through some ideas. They say it's mainly budget, but I do think too that it's just not palatable for a lot of people, and appealing to morals isn't always the most effective thing, I guess, in business. I'm not saying it shouldn't be done, but just like, you know, the company has also been able to sustain demand for plant-based meat in international markets, okay? Volume rose 8% in the quarter ending December 31st, compared to 3.5, so that's an interesting thing, right? Breaking into new markets, your volumes are increasing, that is positive for a company that might, in some capacity, warrant an increase in the stock, okay? I don't get why it's a 34% increase, now of course this is kind of a correction back down from this wild move up to about 1202. Still, I think this company has a lot of hurdles to meet. I would be curious as well. One of the big ways this got hit online when Beyond Meat was becoming more popular, I suppose, or like getting into store shelves is just how many ingredients are in it, and ingredients that aren't always, I would say like hyper-processed ingredients, right? I mean, this is ton of polyunsaturated fatty acids in the forms of like canola oil and palm oil and all these kind of things.  I mean, it's like oil and plant meal, essentially, right? Made to mimic meat. I think overall, that's going to be the major hurdle Beyond Meat is gonna have to get over. One, from the perspective of Americans who are becoming health conscious in a kind of strange way. And then two with Europeans, I would be interested to see if their mix is different in Europe, right? Because really, I mean, look at the back next time you're out of Publix or whatever chain you have, I don't know what they have in Massachusetts, but take a look, and I mean, there's a lot of additives in it. And I think that makes it kind of a complicated product that I don't know if it has as great of a demand that would warrant some increase like this. It stands to be seen, and maybe I also have a bias just against it that's not always conducive for investing in something, right? So I mean, I can be honest about that. Anyways, what we can say for certain is that it is up 34.77%, that is the gain it has sustained. Net revenue for the fourth quarter fell 7.8% to 73 million, but top the average analyst estimates of 66. And the company's full year net revenue forecast is in the range of 315 million to 345 million. And that's largely below market expectations of 343.8. It reported a bigger than expected loss of 92 cents per share for the fourth quarter compared with the expectations of 88 cents, and that is the current addition of the Beyond Meat story. Polestar, let's see. We're talking a little bit about, I grown just because I don't know where these EVs are going really. And I think that everything else kind of shows. And you know, it's not hard to get a 20% increase at such low prices to begin with, right? If you're holding it, you know, it's a pretty good return. Polestar, okay, if you've seen Polestar's from Sweden, they're neat looking cars in their EV, okay? Polestar said on Wednesday it had raised a 950 million loan, interesting, from a bank syndicate helping to fill a gap left when Volvo cars said it would stop funding the electric car maker. New York-based listed shares of the Swedish EV maker rose over 25% on the news. Investors' enthusiasm for EV makers have cooled again. Yeah, that's how I feel about it too. And I don't know, again, it'll be interesting to see how these companies that have not made vehicles in the past and are just entering in the market now, but entering under the EV line are gonna be able to compete in any way, okay? You have Tesla which just dominates out because they have years on every one, right? And then you have your traditional car companies who are going to be able to fill that gap in it. I don't know, and I mean, the stock price of this reflects it as well. It's 178. We'll have to see, you know, taking on loans is nice because you're not diluting, I mean, you can't really dilute the price any further. But, you know, taking a $1 billion loan because Volvo pulled out, pulled out. I mean, there's reasons Volvo pulled out, right? So I don't know. Anyways, again, this big news puts a big, you know, indicator on it when you get like 20% increase. All right, so, let me see here. Where'd it go?  Oh, okay. Okay, this is a lore. This is interesting to me now. This isn't so much, you know, stock market related, but I do like kind of spanning out sometimes because I think it's just good to get a full kind of view of what's going on in different ideas. This is super crazy, especially in a moment of inflation and trying to reduce inflation. And I think that there are gonna be some issues with the CPI coming out next month. I mean, what was positive is that, you know, before it turned out that core CPI was really what was contributing to at least to a year over year growth in a major way. You know, we were looking at total CPI, which includes, you know, the volatile CPI that's gonna be oil or energy, excuse me, in food prices. It will, energy had actually stayed pretty stagnant at least a year over year and kind of reduced a little bit. But now we're seeing an increase, okay, in crude oil. So I think this is gonna add a little bit, an upward pressure, okay. Again, this pushes out any kind of horizon for the Fed lowering rates. And now you're seeing something like this. Now this is, I believe, you know, strained only to a few areas, but this is a unique idea and it's interesting to have it done in a period of inflation. So as Americans are getting $5,000 a shop, we'll talk a little bit about what that means under a new bill. And folks, it's interesting and it might be an interesting way that some areas kind of generate more income for local businesses. Folks, stay tuned, we'll be right back. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights. Your key to successful, active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. 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This made in the USA tax credit as it's known, seeks to revitalize American manufacturing by providing up to 2,500 in tax credits to individuals and 5,000 for couples purchasing goods that meet the FTC Made in USA standard. Of course, it excludes all these things. Tobacco firearms vehicles. Regardless, that's super cool. I think that's huge for a lot of couples, right? And it's huge for small businesses. You want to kind of keep it in that. And we've always had that kind of bi-American belief here. And I think that's not a bad way to achieve that, right? By just giving them a tax credit. Anyways, we only have a short amount of time. I want to talk about this just, and again, this is just more of this global concept that's super interesting and something to chew on for the end of the day. Is activists are urging Nigerian delay shells, 2.4 billion sale of assets and deeply polluted Niger Delta? It is insane because the fact that shell doesn't have control over these areas is why it's so polluted. It is unbelievable if you guys have not read this before. Essentially, long story short, you have this new government kind of come in and they essentially really complicated interactions between shell, right? And other larger oil companies. What this resulted in was a loss of jobs for people in Nigeria, which has one of the largest reserves of Bonnie's Sweet Crude in the world. And so what happened, okay? So the government didn't give them any other options for reeducation or a new job. So basically you started getting pirates who go into the Niger Delta and just straight tap the reserve. I mean, it is the most crude thing you could imagine. You should seriously look this up if you guys haven't seen it, right? And it's just completely unregulated and they have these vast concrete pits where they're refining diesel and it is just horrible for the environment. And it's because you don't have a competent company in there actually providing jobs for people. So I just find that kind of interesting to think about folks. Thank you so much for joining me today. I believe Tom will be back tomorrow. I always enjoy being on with you guys. I hope you have a fantastic rest of your day.