QuickBooks Online 2024. Payroll Settings and Account Mapping. Get ready and some coffee because we're doing some quick thinking with QuickBooks Online 2024. First, a word from our sponsor. Yeah, actually we're sponsoring ourselves on this one because apparently the merchandisers they don't want to be seen with us.  Like our crunching numbers is my cardio product line. Now, I'm not saying that subscribing to this channel, crunching numbers with us, will make you thin, fit and healthy or anything. However, it does seem like it worked for her, just saying. So, subscribe, hit the bell thing and buy some merchandise so you can make the world a better place by sharing your accounting instruction exercise routine. If you would like a commercial free experience, consider subscribing to our website at accountinginstruction.com or accountinginstruction.thinkific.com. Here we are in our Get Great Guitars 2024 QuickBooks Online sample company file. We set up in a prior presentation, opening up the major financial statement reports like we do every time. Reports on the left hand side, going into the favorites, right-clicking on the balance sheet to open the link in a new tab. Right-clicking the profit and loss to open a link in a new tab, right-clicking the trial balance to open the link in the new tab. If you don't have that trial balance in the favorites, you can find it by searching for it. Let's go to the tab to the right, close up the hamburger, change the range. We're going from 010124 to 013124 and then we will run for the refreshing. Tapping to the right, close up the hamburger and change the range again. 010124 tab, 013124 tab and then run it to refresh it and then we'll tab to the right one more time. Closing up that hamburger, change in the range, 010124 tab, 013124 tab. Let's run it to refresh it. Let's go back to the balance sheet tab as we discussed the project this time, which is payroll. We want to take a look at the payroll settings. We set up payroll in a prior presentation. We've discussed payroll, we ran the first payroll. Now we want to dive a little bit deeper into some of the settings of payroll. You will recall whenever we talk about payroll, I have to point out that you could run payroll internally within QuickBooks or you could run it externally with a payroll provider like an ADP or a Paychex. Either way, you will typically be paying or upsold on the payroll. You're going to have to pay for payroll basically, not just the employees and the government, but to process payroll through QuickBooks or with a third party provider or you could try to do it yourself. But I don't really recommend it because of the complexities with payroll and the liability involved and the fact that it's kind of tied to human resources and stuff like that as well. So you want to make sure that you're on top of payroll. Note that even if you think you're doing payroll role well, I mean I used to do payroll basically by hand at some accounting firms for some payrolls. And even when you think things are going fine, usually when you realize something is wrong, it doesn't happen until the end of the year when you're processing the W-2s, the 941s and the 940s and have all the other tax stuff that you're trying to do, which is the worst time to try to fix the payroll that you thought was running smoothly through the entire year. So I mean generally with payroll, you like to get it right the first time rather than use like a tinkering method. Tinkering is great when you're doing working with mechanics and stuff like that. You can see if it works, turn the light on, see if it turns on and then tinker with it. Payroll, not so much the best way to go, that would be more like trying to cut a door and you cut it too small and now the door is too small. You can't glue the wood back on it so that you have to measure twice, cut once. That's the adage. Okay, so we turned on the payroll in here so we can see the processing of the payroll and last time when we processed the payroll, we ended up having our liability accounts down here. This is what we withheld and our payroll taxes for the Fed and the state and then on the income statement, we have these two accounts for the payroll within the payroll expense, well we have a payroll expense account and then the taxes and the wages. Now, you might then think one thing you might come away with or want to change would be the accounts that are being used when you process the payroll. So you might say I would like the payroll to be going to other accounts. So once the account is set up, you could simply change the name of the account so if you don't like the term wages and you want to call it salaries or something or payroll or something like that, just simply payroll expense, then you can possibly change the name in simply the general ledger. However, you might have a situation where you want to break out different types of payroll, possibly saying that you want payroll for certain employees to be salaried payroll, payroll for other employees to be wages payroll indicating hourly, or you might set up your system so that you have payroll for the sales force going to a different account than the payroll for the admin for example. So with more complex mapping, we'll kind of touch on some of the settings that might help you there. On the balance sheet side of things, similar type of idea. Note by default, the system generally puts the information into the payroll liability for federal taxes, that includes the 941s to 943, 944, this basically the Social Security Medicare and federal income taxes, and then the federal unemployment tax, which is really a federal, it's another federal tax, but this is only on the employer side and you have to file a separate form for it. So it makes sense the way they broke this out, but you still maybe you want to break out whatever the Social Security, Medicare and the federal income tax into its own payroll account for whatever reason, or maybe you want to combine these all together into one account for whatever reason, that would be the mapping of it. So if I go to the tab to the left-hand side, and if we go into the sales on the left, that's where I typically find my, I'm sorry, that's not where I wanted to go, transactions on the left, we go into the chart of accounts, when we set up the payroll, that then provided us with some of our accounts. So let's take a look at some of the liability accounts down here. Here's our payroll accounts. So it just basically set up the payroll accounts as you would expect in our chart of accounts, you can adjust them just like you would in the other account editing the accounts. So if it's just a name change type of thing, you may be able to go in here and just change the name here, and then we have our expenses, which of course were created down in the expense area for the payroll. Here they are. I had to go to the next tab over, but there's the payroll tabs. So I'm going to open this up. Notice that we have our payroll information is down here in the, what I would call the employee center where we set up the payroll. We have the overall payroll. We've got our employees set up here now. We also have some more settings up in the cog. So if I go into the cog up top, we have then the payroll settings. So I just want to go through some of the payroll settings now within this section. And we have a more detailed course or section on payroll as well. So we're just going to kind of go over these in general. We're not going to dive into each of the settings in detail here. So general tax. So company type filing name and filing address. So we have the general tax information. This is the info used when you applied for your federal EIN number. Okay, so what is the EIN number? If you have employees, you have to have the EIN number that's filed with the IRS, because obviously every person in every business is just a number to the government. And so you have to have the EIN number to process the payroll. Now even if you don't have employees, you might still want an EIN number because as a contractor, you don't want to be giving other people your social security number. So it's usually pretty easy to get an EIN number online. You can file and go to the IRS website, irs.gov, irs.gov. And you can search for the EIN number. You might be able to just do it online. But they're going to need the address. And we said that we were a sole proprietor for the type of entity. So that is that. That's basically was already set up when we set up the company file. And then we've got the federal tax. If we go into the federal tax, you can find what you need in letters and tax notices you've received from the IRS. So the IRS will give you the EIN number. It usually looks like this. It's got the two numbers up front and then it's a nine digit number in total. You can edit this and change the EIN number. Obviously, the format looks different here than basically like a social security type of format for the number. So let's go ahead and save that. I'm not going to change it for the practice problem purposes here. And then you've got the California tax. So you can have settings for your state depending on the state that you're in, remembering that we're talking here about federal, about the United States. So in the United States, we have got the federal taxes and then we have the state taxes that are different. If you're in another country, then the taxes are going to be the thing that's going to be different from place to place because it's a law. So the double entry accounting system, much of the rest of the course will be the same because double entry accounting is like math. It's going to be universal. It's the taxes that usually have an impact on what's going to happen with the accounting. Any case, auto payroll. So it says automatically pay your employees. So here we have select employees and roll eligible employees. You want to pay automatically uncheck employees to remove them from auto payroll. Learn more about auto payroll, clicking save changes, let's into it run payments for enrolled employees. Each pay period will keep making payments unless you change the setting. Clearly auto pay would be great if you have a system where you pay employees salary. For example, in the payroll, it's just going to be running fairly smoothly and you have enough money in the bank, hopefully. So when they process the auto pay, that will go well. This would be a problem for us with Erica here because we don't know the hours possibly. If you have hourly employees, that might be a little bit more difficult to run. You still might be able to do it if you enter the hours into QuickBooks using the timesheet entry. But if you're manually, if you're doing tracking the hours somewhere else and then you need to enter the hours as you process the payroll, that might be a little bit more difficult. So you would think this would run most smoothly for like salaried employees where everything's going to be basically automatic and should be able to be run then automatically. And then we've got the tax and tax forms. Let's check that one out. Automate taxes and forms. So we'll automatically pay and file your federal and state payroll taxes including year-end filing, beginning with periods, ending on or after Monday. So that is great. And that's one of the huge benefits that you can have by having some type of payroll that you're paying for because if they're able to process the payroll forms, that is something that was quite tedious before to have to do basically by hand in essence. So that's going to be nice if you can get the 941s on a quarterly basis, the 940s and then helping you out with the W-2s and the W-3s. And that kind of stuff is becoming more electronic, which is great. Unfortunately, there is a downside to that which is that once things become easier, the IRS is going to want more information.  And if you found $100 on the ground, then he's going to reach over your shoulder and take it from you and then push you in the mud. Okay, maybe that's an exaggeration, but that's the idea. They're going to want more information. That's what I'm saying. Get out of my business. This is what I'm doing here. Third-party designee. So do you want to let an employee, a pay tax preparer, or someone else discuss your tax return with the IRS? So we'll add this info to federal forms 941, 944, 940, 943. This is going to be one of the questions that's on the form. So typically, if you had like a third-party person process the form, then you might want the IRS to be able to discuss the form with them. So in other words, the business owner oftentimes is working like we're a guitar shop. We do guitar stuff here. If we had an employee that's processing the payroll, then we might just want them to be able to discuss with the IRS what's going on with the payroll as opposed to simply just processing the forms because that's what they're paid to do, hopefully. Hopefully they're able to do that with some kind of ability, right? But we got the pay preparer. So do you use a pay preparer for Get Great Guitars federal taxes? We'll add this info to the federal form. So that's going to be another question whether we have a paid preparer or not. All right, we're going to close that up. And we've got the taxes and tax and forms, payroll and filing preference. All right, we got automate tax and forms. So we'll automatically pay and file your federal state payroll taxes including your end beginning. That's great. I think we did that already. Federal preferences, third party. We did that. Work location, manage all work locations. So now we have company address. So if we had different work locations, we can manage the different work locations if you had a larger place. So I'm going to go past that one. Employee notifications. Let's look at that. So send to the notifications, setup notifications. So we have the setup notifications, form filing notifications, payday notifications, tax notifications. Now, obviously these are all things that would possibly be part of the payroll which it used to be, what happened oftentimes on site, right? You'd give someone the actual payroll check or something like that. But now you have the notifications which will oftentimes be electronic which once again should be easier and something that we can basically automate. So payday reminders are currently on. Payday reminder type, send same day submission due. Send day before. So you can send the payday the same day of the day before. Tax setup reminders are set up. So that's good. We'll keep those. Employee profile management. So let employee edit their info in workforce. We'll send you email when they changes are made. So remember, this is another huge benefit that used to be kind of an issue. We had a whole HR department that people had to go to to make some of the changes that are pretty basic kind of changes. And so if we can allow them access to their own payroll to make their own changes, have their own place because it's all electronic, that's nice. Things like the legal name, birth date, gender, address, emergency contact, profile photo. This is all good because the problem here of course from our standpoint as the employee is that we don't want to have to deal with this stuff in the first place. I don't want to have to report all the details on who my employee is to the government. I actually feel bad doing that. I'm a rat. I have to do that. I have to dox my workers to the government. I might as well be tweeting them out on Twitter so that someone can go attack their home or something as an employer or something like that, which I feel like is kind of not a very nice thing to do. But that's how it is. We're kind of required to do that. And so it would be better than if they fill it out on their side than again us getting it wrong. We have some liability issues and whatnot that if we get it wrong, then of course the employee might get mad at us and sue us. And if we get it wrong the other way, the government might get mad at us and then basically take our money, right? So if we have the employee do it, then we're going to be in compliance with what we need to do and the employee hopefully is going to be the one responsible for the information. If the government gets mad about the information that was put in, we're just trying to do our job that you forced us to do as the middle person tax collector here, which I never signed up for. I just wanted someone to do some data input for crying out loud. And I thought, anyways, share data. So this allow employee to import W2 data into TurboTax. Now TurboTax is a tax software that is also owned by Intuit, the owner of QuickBooks. So that could help you with some automations between the data input and the W2s, the tax filing software and TurboTax. Now I haven't seen these tax connections between like the bookkeeping and a TurboTax to work perfectly. I mean, I feel like you can just enter the W2 into TurboTax pretty easily. But they're trying to keep on trying to automate the TurboTax and the tax software. And maybe it's doing better on the individual side. I haven't seen it where they've really integrated the business side of things to be able to do like a schedule C or a corporate tax return, just pulling the information directly from QuickBooks without having to change anything right into the tax software. I haven't seen that kind of integration work yet. And so I keep testing it from time to time. And if I see it like, because really working, I'll let you know. But in any case, that's what they're trying to do here. Include automated income and employment verification service provided by the work number from Equifax. Okay, bank accounts. So then we have connect your bank and send money with QuickBooks. So to use direct deposit to pay your workforce as well as e-file and e-pay for your taxes, you need to connect your bank account. So once again, they're trying to have them be the checking account, which might be useful if you're doing the QuickBooks to make it easier to automate the direct deposit. Otherwise, you're going to have to set up your other payment system, which I don't think would be too difficult because you can still connect your bank using the bank feeds and use electronic transfers and whatnot. But it might be a little bit easier if you had your checking account here. I still think the biggest benefit of using QuickBooks checking account would be giving more options on the invoices to basically automatically turn around and pay off your invoices when you're trying to collect on the accounts receivable. But there's that. You can check that out if you want to look into that more detail. Pre-checks and pay stubs. So paycheck, choose your default printing. Pay stub on plain paper. Pay checks on QuickBooks completed check paper. So are you printing the checks out of QuickBooks? If so, then you're going to need the actual physical checks to put in place. So this helps us make sure your payroll contact information. So these are the people that you're going to contact with the payroll. And then we have the contact information and then the accounting, including the mapping. We have the paycheck and payroll tax payments. We'll go on to there. So which QuickBooks checking account do you use to pay your employee paychecks and payroll tax payments? So now we talked about before with this mapping situation, meaning which accounts are impacted when you process payroll. We saw once the accounts are set up, you could go in there and edit the account names in the chart of accounts, but this is actually going to tell us which accounts are going to be mapped to. So we're going to take it out of the checking account. Now it might not always be the checking account because you might take it out of like a payroll account. You might set up a separate account so that you can put just enough money into it, each payroll, to then process the payroll instead of taking it out of the checking account. Why would you do that? Because payroll is a pain and you're most likely to get sued by like employees or have a problem with payroll than any other thing and any other vendor or the government might get mad at you or whatever and so you want it as clean as possible. So if you have your own payroll account, that could be something worth setting up. In any case, we've got the wages expense. So where do you track employee wages in your QuickBooks chart of accounts? So we have all my employees' wages are posted to one expense account. That's the default, that's the easiest thing to do, it's just in wages. But you could have each employee wages are posted to their own expense account. So if you select that, now we have our two employees and we can post them to their own account. That could be really nice if you want a more detailed income statement. For example, what if Adam was like an executive or something and then Erica was in the sales team or something like that. Then you might put Adams under payroll for admin versus Erica going to another account which is going to be payroll for the sales team. And then you have each employee's wages are posted to different types of accounts, salary contractors and so on. So now we have the breakout by the salary. These are the types of payments. So salary people, you might break out into a salary account, regular pay, hourly pay, or these are the account types, the payment formats, breaking out into different areas. So I'm going to keep it in one account. All of them in one account, that's the easy thing to do. Employee taxes. So employee taxes, where to track employee or taxes that you've paid expenses in QuickBooks. Now when we think about the taxes, the taxes are confusing to a lot of people because we have to deal with the employee taxes and our own taxes. Remember what the government is doing here. The whole point is that they want you to be the tax collector for the employees. So when we talk about payroll taxes, sometimes we get confused in whose taxes are we talking about because when I take the Social Security, Medicare and Federal Income tax, those are the employee's taxes. Although I'm required to take those taxes from them before they even get, we have to take it out of their pocket before it even gets in their pocket because the government makes us do that and we have to pay it to the government. Those are payroll taxes, but those are the employee's payroll taxes. We're just a tax collector. We're just a tool that's been used. But if you are the employee or taxes that are our taxes, which is the matching of the Social Security, the Medicare and the FUTA tax, for example, and there could be state taxes, those are taxes we have to pay over and above. Now it should be the case that they break them out and QuickBooks does that correctly by default, breaking out the employee or portion of the taxes. Half of the Social Security, our portion as employer, half of the Medicare, our portion and the FUTA, for example. So all employer taxes are posted to one or you can have employer taxes are posted to different expense accounts for different employees. So again, now you have this situation that we have to pay our taxes and it should be broken out into a separate account, but if I now have admin employees and sales employees, for example, I should have an admin payroll taxes and a sales payroll taxes, for example. Note this is also kind of important as well because if at the end of the year when you process your 941s, your 940 and your W-2s and your W-3s, the numbers that should be like on the W-3, for example, adding up all of the wages should tie out to the expense, you should be able to tie those out and reconcile them to what you're recording on your income statement. And so if you can't do that, that's when I say why you catch the problem if there is a problem in payroll at the end of the year because you start to realize, wait a second, my W-3 doesn't match what's been recorded on the financial statements. That's a problem because you're sending both of those documents to the government and if those things don't reconcile, then the government, they can basically just with a computer, you don't even have to audit it, they might be able to just say, hey, this doesn't match, which you recorded here as wages doesn't match anywhere near what's on the W-2 versus what's on the income statement, right? So that's why we want to, at the end of the year, we want to be able to make sure we reconcile all this stuff so that it all ties out when we give it all to the government who could easily kind of just check those things. So employer taxes are posted to different expense accounts for different groups of taxes. So we have this one for the different groups, federal taxes, unemployment tax and the SUI and whatnot. So those are the types of employer taxes, federal taxes being 941 taxes or 943 or 944, social security Medicare taxes for the employer side, not federal income tax because we're talking about federal income tax for the employee and then FUTA is the federal unemployment tax for the federal only, which I know is a funny abbreviation to some people. Employer taxes are posted to different expense accounts. All right, let's close this one out. And then we have the tax liability accounts. These are the liabilities, the withholdings. So where do you track employer taxes that you owe liabilities in your QuickBooks chart of accounts? So you got the tax liabilities are posted to different accounts for different tax groups. So the 941, the 943, that's where we report the social security, Medicare and federal unemployment, federal income tax for the employees and we're putting them all into one liability account. That's what they make by default. So that's nice. And then the federal unemployment tax, that's the FUTA tax and that's the one that is just the federal side for state taxes. Now we could go to this one and say tax liabilities are posted to different accounts for different tax items. So you might want to, for whatever reason, break out the federal income tax, not mush it all together like mushing together your peas and your mashed potatoes when you're trying to eat, but you might want to separate them because they weren't separated enough. You need ridges in the plate to separate them. So then you break out the social security into its own separate account possibly and then the social security for the employer portion, the Medicare and then the Medicare for the employer portion. That could actually be kind of useful. You don't have to do that. I think it's too detailed. I think the default is fine. But when you're trying to reconcile your taxes at the end of the year, it might be useful to try to tie into the employer taxes versus the employee side of the taxes when you're looking into that stuff and you can get a little bit more detailed. So the food to tax and whatnot. So that's a more detailed one. But we'll keep the default. And then we've got the class tracking. Now class tracking is a, how do you want to track classes for payroll transactions? Class tracking is a way to break out usually the income statement into different columns by class. And it's a great tool for certain things. So if you want to break out by different departments, for example, then you might assign classes and you can assign the payroll to classes, which is great. So if you don't use class tracking, I use the same class for all. I use different classes. So if you want to have different classes because Adam maybe is in one department and Erica is in another department. It'll have the same income statement, but then two columns, two columns breaking out one and the other. So we have a whole another section or course on class tracking. If you want to look at that in more detail, class tracking, great tool, but confusing because we have other tools that are similar to it, but different. So it's confusing on which one to use and there's a bunch of different types of applications for class tracking. So it's like, well, what am I going to use it for? A lot of different things you can use it for. So update transactions, update account preferences for past transactions. According. So if we wanted to update, if we made these changes like the mapping differences, do we want it to update prior transactions or from this point going forward? So I'm going to say those are the settings done. I don't think we changed anything. I hope I didn't mean to change anything. We just wanted to take a look at those settings, noting that in general for payroll, these are basically the default payroll settings where we have payroll liabilities broken out thusly and then on the income statement, we have the payroll for the wages and the taxes broken out, but if you want to change the account names of these defaults, you can do that with just a chart of accounts, but if you want to map them to different accounts, then you can go into those, the settings. We just took a look at no changes. Trial balance is remains the same. We're still standing in the same place. This is where we stand. These are our two legs, the debit and the credit leg, and they haven't moved. It's like a rock, like an oak tree. We're just planted into the ground through this lecture.


is a presentation of T F N N. The trader's edge with Steve Rhodes at 1<PHONE_NUMBER> or internationally at<PHONE_NUMBER>. The trader's edge now Steve Rhodes. Good afternoon folks I'm Steve Rhodes and this is the 6th the terrific Thursday edition of today's Trader's Ed Show. I'm 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 and the easiest way to do that is to always remember that life is happening for us. Not to us. Life is going to toss at us. Now today you and I we get to go check on the circumstance of these markets. We get to go figure out. What the bulls and bears. What those buyers and sellers are communicating. To you and I just pass one o'clock in the afternoon. I want you to know that I'm absolutely grateful for your presence here but much more important than that. During this next 16 minutes this show is all about you. That's right I want to be able to take a look at whatever instrument it is give you another set of eyes. Ears. You know the whole nine yards out there so give us call it eight seven seven nine two seven six six four eight we'll do that if you can't call in we've got you covered there as well you can send me an email. Like Craig did here Steve at tfn.com please put radio show question in the subject heading of course our Tiger's Den any ping will do so let's go ahead and get this show started on terrific Thursday. Of course this is Tiger financial news network I'm Steve Rhodes welcome to last show right now we've got a mixed market out here. You've got most indices trading to the upside the transports the semis and the Russell are down just slightly out there spot follow till next is basically flat it's off two pennies trade at twelve sixty five the Dow at forty nine the S&P up nine Nasdaq one hundred fifty three points leading the charge the upside dollar wise Amazon three and a half percent or sixty three bucks Shopify thirteen or three percent Google up twelve universal display up twelve the trade desk up about ten dollars. To the downside it is a quie gin and V. down twenty percent or eight bucks Bluebird Bio off five bucks spectrum pharmaceuticals down five credit acceptance corp off five so there's some stuff to look at of course I want to look at what you want to look at let's go to the first request out here this coming in from Craig via email Craig writes in let's see Happy New Year well Happy New Year to you as well thanks for the nice wishes. Would you take a look at AXP for the intermediate term. So let's go take a look at American Express out here let's take a look at our three different time frames daily weekly monthly just see where price is trading in relationship to its TAS market profile resistance what we can see here is prices above all levels from a monthly standpoint if price can close above one twenty to twelve it will be above the top of its monthly profile so. Profile wise things look pretty good let's go take a look you wanted intermediate term let's take a look at the monthly time frame chart first we'll go monthly weekly take a look at the daily. The monthly time frame chart here pattern wise. See what we've got coming off the two thousand sixteen bottom so this makes wave number seven that's letter G. of the Chapman wave all those is not the Chapman just one element to the Chapman wave tool out here but we do see that instruments will go ahead they can make tops and bottoms at that seventh waiver letter G that's exactly what's taking place in American Express on a monthly basis prices back above. Stevie's Greenline one twenty two forty three would suggest a run it back towards that high out there or higher than that let's go look at the weekly time frame chart see if we can find any type of resistance out here on American Express the weekly time frame chart is going to show us a breakdown level that breakdown level courtesy of the TD set up nine count now when this did bottom so we got on a monthly basis you got that wave number seven. Then price makes a move lower and when it stops it does it with a TD set up nine count that was the bar following nine that qualifies and now what's going on here Eric is prices trying to make a run for the breakdown level that was one twenty seven forty six your one twenty five twenty seven so what you're looking for if you're looking for the long side of this trade you want to see price close back above one twenty seven forty six on a weekly time frame just out of curiosity what's going on in a daily chart out here for you the daily chart for American Express shows us what shows us not much shows us maybe an A to B equal CD pattern that would be underway that pattern would look like this your eight points starting down here at a low in October B point out here in November one twenty two forty three pulls down into a hammer candle about a point six one eight it was a sixty eight percent retracement price has made that one to one move out here price above Stevie's green line so everything looks really pretty good resistance is the weekly time frame chart that's what you're going to be watching Craig for your intermediate term time frame signal I hope that that helps you out thanks so much for writing in let me know if you need anything else let's see if we've got any other questions here it doesn't look like we do so let's just take a tour of the equity charts there were some questions that came in over the weekend weekend wasn't weekend it was just the holidays out there and I'll answer those during the and I put it all together in essence in one presentation for everybody out there this will and it will be what the what I see in the chart patterns out there to suggest that we have to be very careful about twenty twenty because it is looking like it it could be shaping up to be a bear market and it confused a bunch of folks out there and well that's good so but we'll go through we'll go through that we'll touch a little bit on the the Armstrong ECM people have written in about that so we'll just simply cover that but I want to do that when we don't I can't do it in two minutes out here but what I can do in two minutes is just take a tour of what's going on in the general markets for so let's begin by take a look at the daily equity futures contracts what do we see earlier in the day the Dow was trying to form a brand new daily profile but so far but since then that has vanished using Stevie's super Doppler tools out there that's where we get those advanced signals sometimes they take hold sometimes they don't at this stage here sometimes you feel like a nut and sometimes you don't in this case here we don't have a brand new profile things are above all the really they're above the daily the weekly the monthly and the quarterly for most of the equity futures contracts I can't really check on the Russell 2000 out here I just don't have a way to etch a stretch all of the historical data for us but profile wise nothing new out here we take a look at the equity futures contracts and their daily timeframes we can't see that the advanced client oscillator has turned down just before that 150 I'll level out here that won't really be a problem unless you get the advanced client oscillator closing below zero right now they're reading 94.64 and simultaneously the spot volatility extraded by its 50 day exponential average it's not doing that that's 1364 but with regard to the spot volatility index out here what is it doing well what it is doing as well price is making a higher high inside the S&P 500 we have a rising bottoms spot volatility index and if that pattern continues to stay it tells us of of an impending retracement now maybe that retracement is nothing more than a two or three day knee jerk reaction or maybe it's something more than that only time will tell but one of the ways that you will be able to tell is where is that spot volatility is trading in relationship to that 1364 level right now that's the 50 day exponential moving average so that's what we've got going on right now in the markets we get back from this break we'll try to answer the 2020 question out there even though it's still 2019 so stick around of course I'd love to hear from you<PHONE_NUMBER> we'll be right back. 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Tiger's Den the Tiger's Den is a lively community where professional traders and investors can meet exchange ideas and information in a comfortable moderated atmosphere here all the TFNN shows plus see all the charts as they happen live and have access to archives of all of those charts you can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you details on the Tiger's Den or on the front page of TFNN.com we'll be communicating investors call now toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> welcome back folks so let's begin let me this is this little presentation so to speak as I take you through some different charts and graphics out here it's really to help us understand 2019 what patterns are we taking a look at there's no question hey look it began a year ago today not the entire bull market but the 2019 bull market began on December 26 of 2018 by the way we went long my subscribers and I went long that morning and we were using the TD nine count tool as the as the signature that the market was going to go ahead and it was changing trend not no idea that was moving higher and through this December 26 but there's no question that 2019 has been the year of the bull worldwide now I say worldwide what was a timer digest slide I'll go back here Bill is asking a question so you know in 2018 I was the entire 2018 timer of the year was number one for the S&P number one for the for bonds out there Treasury bonds through December 21st so for 2019 so through December 21st which would be December 22 of 2018 through December 21st of 2019 I'm still in the number one slot I don't know that I'll make it to the market time of the year for 2019 but really not doing too bad it's a clearly this was not just a one hit wonder so to speak out there so Mr. Bill that's what that slide was about but back to 2019 the year of the bull now we know I say it's the year of the bull worldwide just simply if I take a look at the way that in a major some major instruments are trading in all currencies out here now not all currencies are primary currencies are the US dollar the Euro the yen and the Great British pound out here now here we can see different instruments you can take a look at panel number three says ROC stands for rate of change now this is a 12 month rate of change it's not exact to the bottom tick to exact to the top tick but you can see that in essence the Dow through Wednesday through Tuesday was up about 22% of the S&P about 28% that's in terms of US dollars was up more both of those up more in terms of euros out there that was a 32% you see the DAX is up in the last year about 25% so the DAX actually outperformed the S&P 500 or the Dow I want you to you don't hear about that I don't think you hear about I don't hear about it too much out there so I want you to just note that down here the reason why is because you know we've been taking a look at a marketplace where the global flow of capital is so important and so what I want you to understand here is the big winner winner chicken dinner as we take a look at this has been lights we crude which is up about 30% followed by the DAX about 25% but all markets have moved higher whether it's gold whether it's treasury bonds whether it's emerging markets out here so in the last year you know there's been there hasn't been a a true rush to any one specific area and we know that just by simply taking a look at this charger so this has been the last month if we take a look at that bigger picture out here that bigger picture being going back to the 2009 bottom well here you can see that there has been a concentration of of capital inside the US stock market with the Dow being up 428% or 529% in euros depending which currency and it is important to understand which currency or how markets are trading in major currencies out here but you can see that just huge gigantic winner since 2009 bottom but that is leveled up in 2019 and that's an important aspect of what it is I think it's an important aspect of what it is we are looking at here now the key to understanding that global flow of capital lies in the realization that we are not alone we cannot think only as if we are the only trader out here we take a look at gold yes we take a look at our gold or silver or the Dow or natural gas or light sweet crude or you name it how it is trading in US dollars that is because that is what you and I primarily use to pay for the things that we purchase but if you are sitting over in Europe you are using the pound or you are using the euro out there you are using the US dollar as well and so we cannot you must always realize that we are not alone when it comes to trading and investing you see everything is connected everything is inter is so everything is connected in an intricate dynamic non-linear network where the slightest change the slightest change in one region can set in motion ripple effect of dynamic proportions around the world which is what creates that global flow of capital and that's why this is important that's why hopefully you watch this show this is one of those great tools where we try to understand what are traders around the globe thinking of the different instruments is somebody a seller somebody is a buyer out there look the bull running gold into 2011 sell price rising in every major currency those are the green arrows out there you want to be if you are long you want to be investing in instruments where it is rising in every major currency out there now look gold is not broken out in all major currencies in fact it's got a breakout failure pattern in terms of euros and great British pounds yes gold has had a nice couple of days out there be careful I don't know how much I can state this be careful out here we don't have breakouts in gold going look at look at how gold is performed in US dollars versus the other currencies out here just simply be careful now look the positive of this is gold does not top out in other major currencies before it does in dollars so longer term bigger picture down the road this is a positive but right now if you're looking at this chart and I hope that you are and you can see how gold has failed to break out in terms of euros has failed to break out in terms of pounds out here that you be especially careful on your trade because this is what global traders are looking at now if we take a look at this capital investment capital is always moving from one nation or one region to another one as well as between various sectors so whether it's going from Europe to North America to Asia we've already proven since 2009 it has flown to North America we can take look at 2019 and say global capital has parked itself in various places out here whether it's real estate or stocks or bonds it's always moving it's important for you and I to understand where is that global flow of capital going to so the question will be is 2020 will this be the continued year of the bull or will this be the year of the bear but here's the deal the market will decide for us we just have to listen we just have to watch out there we'll see this is the this show tfn is basically all about pattern recognition traders yes there's some fundamental folks I think they come on as guests from time to time but it's really all about these chart patterns and the confidence that you do or don't have with these chart patterns this set of charts for example looks at how the markets from around the globe have been performing in terms of US dollars so yeah there's been a bull market in 2019 meaning prices for these instruments are higher than they were last year at the beginning of the year out here but are there any breakouts going out other than in the US which by the way is the upper left hand panel the upper left hand corner that is the Dow diamonds out there it is only in the US where there is a breakout that's going on point number two to write down on your pad of paper remember point number one was US was not the lead in 2019 it was the Dax in Germany even priced in US dollars and also what we can see here is there is no other breakout going on around the globe folks as we come in the 2019 into a time period where a top is made so we come back from this break here we'll continue with these slides because I think this is more important day we'll be right back I'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes author of mastering probability and for the last 12 months timer digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in 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your copy of the art of timing the trade charts today by visiting tfnn.com this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com we're doing just kind of a review of 2019 where we at understanding the global markets out here which is so important there are two things I suggested you write down in your pad of paper just to review those those two things were what number one in 2019 the global flow of capital is not concentrated in the U.S. the U.S. is performing well but is not concentrated here so we don't have that wind at our back so to speak right now at least we don't have it clearly as of December the 26th and we also know that hey look there's really only been even though markets have moved up in 2019 across the globe it's only the doll that's broken out everything else can be termed nothing more than a countertrend rally has not broken out above the prior highs out there and that's really important I mean this is the 2018 highs that these markets are not trading above I can tell you from year to year that is a definite definition of either a consolidation or a bear market when you do not trade above the trade above forget about close above trade above the 2018 highs out there and that's what this this with this set of charts is telling us folks I don't want anybody to get too wrapped up in the euphoria out here for 2019 I want you to have a real understanding of what's going on across the globe because then that can help you or should help you to have a better picture as to what is going on now if we take a look at the doll the doll formed its mid October bottom mid October bottom that's a seasonal thing out there actually on the fourth and what it did that's when the Santa Claus rally began that's where price came down tested the breakout level that TD set up nine count out there so the Santa Claus rally has begun price should continue to move higher we'll take a look at move higher through when and since that bottom though but since that bottom of October the third out here the global flow of capital has been also spread out throughout the globe so remember we took a look at 2019 now we're taking a look at just simply from October and you can see that the look the Dow and the S&P are performing a slightly better than everything else but not like so substantially we're talking about a percent or so not so substantially that you and I can make the conclusion draw the conclusion that the global flow of capital is concentrated in the U.S. it is not and I think that that is important for us to understand as we move into 2020 out here so when I mentioned the the October bottom typically the Dow over the last 86 years the average date as to when it forms a bottom is mid October or October 13 but what we also know is over that 86 year period of time it's January 6 where we typically see a high now we just use these dates as guidelines we know you and I have looked at 2019 we've looked at the dates for highs and lows we know that they have each derived early out here so we need to be on guard here but a seasonal high is due in January there's not anything that I can share with you to suggest that we don't that the markets don't make it there but that's where we really want to be paying attention to is whenever that seasonal highs now any depth of any retracement should want to occur is really going to be the key considering and we looked at this chart last week the the weekly and the monthly and the yearly that's right I added yearly we didn't have this last week the early topping patterns that are present when I say topping patterns on a yearly basis what I'm looking at is TD nine counts out here so what we take a look at the Dow New York Stock Exchange Russell 2000 the composite the SP the Wilshire there in bars number eight this year bar number seven out here was as of the close of 2018 we know that a bars eight nine or the bar following nine that's where we can take a look at topping signals out here this this this tool this market analyzer tool that you're taking a look at here look at all of the different longer term intermediate term topping signals it really should make the hair on the back of your neck begin to stand up I shave the back of my next I don't have any air but it still stands up by the way here's the yearly chart for the Dow that we took a look at this was as of Tuesdays and a data end of a day date out here here's my large a to b equal CD I've shared with you that I believe that the this bull market that we're in really began back in 1975 there is a island bottom in the S&P that formed back there that's what I'm going to use as the beginning of my a to b equal CD pattern you can see that the Dow from that time period has made the one to 1.618 a to b equal CD that was the twenty eight thousand five twenty level the next level to the upside thirty three seven twenty six I believe there will be a pit stop before we get there but let's just continue to take a look at the charts a monthly chart for the Dow here's where we can take a look at that roads momentum indicator pattern I watch it understand that the body so far of December of that candle is relatively small and it would be very easy and a pullback in January to create some type of bearish reversal candle and if we did get that in a monthly chart out there that's where you and I really would need to be concerned so we're going to let the market tell us but we're also not going to ignore what it is that we see going on around the globe out here on the weekly chart you can see the TD nine count out here that says we could see a higher high this week that would be the sub 10 potentially the end of it wave number seven is what it's also in that can extend you've got an A to B equal CD pattern that is underway out here so there's a number of patterns that are in play that one would want to be concerned with when we take a look at the Dow the daily chart for the Dow shows the A to B equal CD pattern it also shows a an existing roads momentum indicator top all of these different time frames have got these different signals and if the month of January forms that bearish reversal candle on a monthly chart out here well then what we're going to be taking a look at is that's the way that the market top was formed in 2000 that's the way that was formed in 2007 that is the way that the consolidation was formed in 2015 that is the way that the 2018 bear market form that's one that ended last December 26 out there we had a 20% move and if we get another bearish reversal candle folks the signal is that this will be the year of the bear that doesn't mean for the entire year well I don't know what time period it would mean one time period that it could mean I just simply go back here real quickly take a look at the seasonal if we do get it and we don't see a bottom that forms at the end of January when would be the next cycle time period from a monthly standpoint or I'm sorry on a daily standpoint when we would likely see that next bottom it's pretty simple it would be October that mid October bottom out here so really important to watch what's going on with regard to these patterns out here and especially when it comes to that monthly time frame chart now all these topping patterns are occurring at the same time as Marty Armstrong's next ECM date his next ECM date that's called the economic confidence model the date there to be watching is January 18th I don't remember the 18th there's a weekend or not out there so maybe it's the Friday before maybe it's the Monday after maybe it's an actual trading day I don't recall off the top of my head now the ECM for those of you not familiar and I'm not going to give you the full education on here but the you can do some research on your but basically the economic confidence model is based upon cycles of time as well as the global flows of capital so the way that the big cycle works with regard to ECM is a 309.6 year cycle that we're not going to live for that full time period but if he would Marty does he divides it by six it that generates six equal 51.6 year cycles and then he takes that again divides it by six that generates six 8.6 year cycles which those are broken down into three additional cycle waves out there they we don't need to really go into all the details I want you to understand the ECM is a global model it does not track any individual market I want to make sure the emails that I received out here are people are saying with certainty something is going to top in something is going to bottom out there and what the ease and all because of the ECM model out here and folks if you're making that conclusion I'm telling you with certainty you're making the wrong conclusion Marty will tell you that Marty is not even certain what it is that will top or bottom and whether we'll even be something in the stock market come the 18th of January you can see some of his waves and what eventually led to a top or bottom but he didn't necessarily know it on those dates we'll be right back if you're in the CD market and looking for a secure investment the Tiger first mortgage program may work for you the security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 the interest paid is 7% yearly paid on a monthly basis according to bankrate.com the best rate for a four year CD in the country as of February 20 is 3.1% a $50,000 investment at a normal four year CD rate of 3.1% would give you income of 1550 per year or 6200 over the four year period that same $50,000 investment in the Tiger first mortgage program would give you 3500 per year or 14,000 over the four years 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the latest market information welcome back folks so we're doing a review of 2019-2020 if you're just checking in now kept the archive of this you'll be able to see all the other important slides and information that go along with this but picking up from where we left off so what Martin is anticipating here inside this specific ECM date is a monetary crisis so that's what his current thoughts are. And is a monetary crisis something that's important to you and I with regard to tracking instruments and the global flow of capital? I think yes. And so reason for us to simply be on guard here as we move into that middle of January timeframe out there. But again, even Marty has no certainty with regard to an ECM date, whether it's going to be a monetary crisis or it's going to be something else out there. And you don't know that day. So you just have to pay attention, watch chart patterns out there and so on and so forth. But under the terms of, if we take a look at monetary crisis, he even goes into one step further. He's got this big repo report that's out there. I haven't read it, so I don't know what's contained in there. But when we take a look at repo, I'm referring to the terms of a repurchase agreement here. This is the easiest ability to, I think, understand what that really is all about. When I say what it's all about, it's nothing more than banks agreeing to buy securities from some other bank or dealer. And then eventually they resell those securities back to that same seller at a specific time and for a specific price. That specific price means it includes interest out there.  It's all about the collateral out there. And if you're uncomfortable with the collateral, so, for example, if you're a bank and Deutsche Bank approaches you because they need overnight funding out there because it's simply how the banks operate, how are you going to feel about taking their collateral versus, say, the collateral from Bank of America or someone else out there? So collateral can be a problem. And what's happened is these lenders are getting, they're uncertain about the collateral that these other banks have and is the reason why some of these primary dealers have been very careful out there. And it's the reason the Fed has moved in. Look, if you really want to understand the mapping of the repo market and U.S. dollar funding flows out there, this is about the best slide that I've been able to depict or come up with out here. But for good reason, we will not go through all of this. The important thing is just simply to understand that the global economy, that global flow of market, means we cannot think in terms of one. We cannot think only in terms of us and how our instruments are trading in U.S. dollars. If we do that, we're never going to really be able to figure out this game because everything is conducted in this intricate, dynamic, nonlinear version of a network out there where even the slightest change in one region can set motion, a ripple effect of dynamic proportions around the world. That, folks, is the global flow of capital. So will the 2020 be the bear market? Will it be a bull market? It's really simple. Most important thing for us to do is to trade what we see. Okay, Larry, one more dollar there, meaning we wait for the markets to generate their next signal and then we take action out there. But there's enough information here to suggest to you and I that we need to be especially careful right now as we approach 2018. All right, so let's go to our caller that's been on the line for just much too long out here. Let me see here. Let me get back. That was Rich in Oregon. Rich, thanks for calling. Thanks for holding. How are you today? Good, Steve. Thanks for taking my call. And thanks for it was good listening to about your forecast and what to look for. Good. Good. Good. Well, thanks for doing that. I appreciate it. Now let's take a look at something more important for you. I believe it is to assemble M. U. R. Is that what we're looking at? Correct. Based on everything that you read and hear about the oil market, the energy market, there's the world is awash in oil. Yeah, I've seen this particular stock and some others creeping up. And I'm wondering is there any life in this one other than just a short term trade? Like so, yeah, so Murphy oil. Sure. So Murphy oil as we take a look at how it's trading in relationship to support a resistance. It's above resistance on the daily above resistance on the weekly trading inside the monthly profile out there. Resistance will be 2972. You're trading at 2670. So the very first thing that you and I can do with this set of charges mark down on a pad of paper. One potential target is 2972. And that would be the top of the monthly profile. This is a bullish structured profile. Nothing right now in the charge to suggest you or I that price won't get there from and with that, you can make your decision reward risk. If that's something worth jumping into. Now, should you jump into it right at this very moment? Well, if we look at the daily timeframe chart, what we know out here is this formed a roads momentum indicator bottom. It did that on the trading day of August 28th. It did that when it generated that bull sash candle. Since then, we've got an A to B pattern A to B equal CD pattern that has unfolded. If we take a look at that, I probably not going to get this just exact out here, but it'll be close enough. If I can get this all to participate. And so the one to one level in essence is where we're trading at right now or the high of today. So it's completed a one to one. Now, that does not mean that price will not extend itself rich to the next level, which would be the one point one point two seven two area, and that would take you up to 29 15. That is in refuel. But price is also rising. Do a less relative energy out here. So this would say to me to be cautious because if we do get a bearish reversal candle out here, that would suggest price would pull back either 26 72 25 92. If price got to 25 17 that would be your buy area. But if it got below that, then you're looking at 23 67. So that's what the daily timeframe chart is suggesting. So right now we know the monthly says, Yeah, this should go higher. The daily is saying not so fast. Just simply be careful. And let's just take a look at the weekly timeframe out here for you on Murphy oil. The weekly timeframe would say that price could make its way up to 31 13. So those are your target levels between the weekly and the monthly. I think you just need to be cautious at the moment to try to enter this thing to catch the rest of that move. But that's what that's what I see in the church. What say you okay?  When the news is always saying there's oil everywhere. And you just wonder why are these stocks like a Murphy oil rising in the last you know, few weeks? Well, one thing that and that's why you think well, maybe I could jump in on one of these for a short term trade. Yeah. So look at the last what's scaring me. Right. So here's here's what I want you to here's what I want you to you're asking kind of a fundamental question, which is great. And it is as if I somehow paid you to call in to ask that question as a lead into what I'm about to say next in and we didn't do that folks. But here's the difference between something fundamental, which you're discussing versus where has been the global flow of capital for the last 10 weeks out here. And that happens to be one of the tools that we're taking a look at here. This takes look at all kinds of instruments. And here's what we know rich lights we crude has been the big winner winner chicken dinner up 14.6% twice that of the Dow and the S&P 500. So the global flow of capital has been moving into that area. And that's all that we really need to know. All right, my friend. Okay. Thank you very much, Steve. Stay tuned. We'll be right back. Since 1984, Basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion. While originally hand drawing charts from the late 1970s into the 1980s, Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later Basil found that computer software which included the standard market technical indicators enhance the degree of accuracy and calling price turns as well as market trend calls. Thus was born the Chapman wave sequence using the Chapman wave methodology along with other indicators Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com cancel at any time during that trial and pay absolutely nothing. Get your two week free trial to Basil's newsletter the opening call today by visiting TFNN.com If you're a trader in the market looking for exposure to gold or gold mining equities, then now is a perfect time to sign up for Tom O'Brien's gold report. The summer is over. Gold is trading back above $1,500 and the 10 year treasury is hovering at around 1.5%. Tom O'Brien has been writing his weekly gold report for almost 18 years. There's no one that knows more about how the gold market trades and how gold mining equities react. New subscribers get a 30 day money back guarantee so you have nothing to lose. Every Monday morning Tom publishes his weekly gold report with coverage of gold, silver, bonds, the XAU, HUI, GDX, the dollar as well as more than 30 different mining equities. As of September 3rd gold report subscribers have five active open positions with an average unrealized profit of almost 38% for each position to see for yourself the types of profitable trades that are recommended within the gold report. Sign up today by visiting TFNN.com. You know what's cool taking something that's good for you. Something specifically formulated to help with weight loss, better sleep, stress reduction and the need to detox. Nicar hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment. But today our food sources no longer contain the vitamins, minerals and nutrients our bodies need to stay healthy and strong. That's why we need primal edge daily nutrition. It includes a special blend of ionic, soil based vitamins, minerals, fatty and amino acids in an easy to use liquid form. Primal edge is powered by highly concentrated folic and humic acids nature's preferred delivery system. They've been called miracle molecules because like sunlight, air and water, life cannot exist without them. That's right page they ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge formulated and approved by Nico and page of living a primal lifestyle. Buy it today for just $89. Click on the primal edge banner on the front page of TFNN.com. This is David White.  Welcome back folks. So about three instruments to get through for our listeners out here. The first one is on natural gas. This is from Alex. Alex has noticed that natural gas is trading higher today. The question is, is this a change in trend out here? Here's what we know. We take a look at the natural gas first price is running into Stevie's red line. You'd like to see two closes above that. That's a 226 year 227 right now. If price does not close above that for two days and no change in trend whatsoever, there is need to be equal CD to the downside. This is the second confirmation or potential second confirmation of that pattern because of the bull sash candle out here. Alex, I'd really like to see a second close about Stevie's red line and then your price target would be the bottom of its daily profile. That would be $2 and 40 cents won't tell us if there's a change in trend. That's just simply where resistance is and if price can clear Stevie's red line, that is where I would anticipate price would target inside the targets. Then we had two questions. One was about telephonic essay. It isn't an A to B equal CD to the downside. The initial price target of 694. That's your one to one A to B equal CD. That doesn't mean that price can't move lower than that price below the daily profile. It's in between the weekly profile between 727 and 669 and prices trading below the monthly profile out there. I would say this looks like it wants to head lower. Let's wait for some kind of solid bottom pattern out there. We don't have that on the daily. We don't have that on the weekly. Today looks like it may be bar number seven of a TD nine count. 663 is another level or price might head to. That is the next breakout area. And then the last question was to take a look at coffee. I believe if we take a look at coffee that is which you've got the March contract out here. So let's go take a look at it. And the question is do we see any support the daily support for coffee now that prices back inside its daily profile John would be there one twenty four seventy or one twenty two seventy five that's a bullish structured box out there. Those would be the levels of support that I would be watching for the March twenty twenty coffee futures contract folks thanks much for being here. Thanks for putting up with my blabbering about twenty twenty and what we might be looking forward to stay tuned. A couple more great hours come up a tomorrow morning. Join me at eight o'clock I'll do record tomorrow's show between eight and nine. Have a terrific Thursday folks.


I'm Vineet Mittal. I'm co-founder of Wellespan Energy, India's largest clean energy company. So one of the challenges being faced by the UN Millennium Development Goal is around the energy access to all. And if you look at almost one third of the world still does not have energy access and this problem is very, very predominant in station and African reason. And we need to find a solution which is sustainable, which does not replicate the western energy architecture and is more localized and sustainable. Then the question comes how do you strike the right balance, what I call 3E, which is energy requirement of the nation, environmental consideration and economic growth. And if you don't strike the right balance, what will be the consequences of that? I would like to recommend when we are comparing the cost of clean energy versus fossil fuel. One is around Q2 protocol continuation. If you want to increase sustainable growth, we should continue Q2 protocol or some form of Q2 protocol. Develop nation as well as developing nation should incentivize investment into the clean energy and more public money should go into the clean energy to encourage more private investment into that space. And thirdly, the cost of the health, health damage which is cost because of the carbon emission by fossil fuel based industry should be estimated and should be added to the cost of generation to come on to the equilibrium platform. The combination of these recommendation would lead to more than a trillion dollar investment into the clean energy space in both developing and developed nation. And it's very critical to change the model of growth from carbon lead to green growth.


The first storm that can happen in our life is the one that God brings into your life Not to punish you, but to bring you back into his will Jonah Went to a storm caused by God because Jonah Was outside of the will of God and when he would run from the will of God He was actually the Bible says running from the presence of the Lord When we run from God's will we run from God's protection When we run from God's will we run for God's from God's power and we eventually Run from God's revival and God brings a storm Why? Not to get back at you, but to get you back to his will The second storm that happened in the Bible was what Jesus was in a storm and that storm is mentioned in book of Mark chapter 4 verse 35 So we see the difference Jonah is running from the will of God and Jesus is running in the will of God and both are sleeping One is sleeping because he's trying to get away from God's call and the other one is sleeping because he is hiding in God's call and the Bible says a storm breaks out Now this storm wasn't caused by God because this storm was trying to kill them and Jesus wakes up from his sleep and he looks at the storm and he doesn't pray for God to calm the storm He rebukes the storm it lets us know that this storm was not caused by God It will come it was caused by the enemy who wanted to destroy them and sometimes God will calm you first before he comes the storm if you cannot sleep in it and You will never be able to stop it. Remember one thing if you cannot sleep in a storm, you will never have the power to stop it You can only give what you have if inside of you.  Oh Jesus. We're dying Do you think storm will stop because of that?  Come down. Everything's fine. Don't interrupt my nap By the way, he gets up and the Bible says he looks at the storm and he says peace be still Why could he speak peace? He lived in peace He slept in peace. He said how can you sleep? And when it's a hell breaking loose Jesus did Peace is not absence of conflict. It's the presence of a prince of peace whose name is Jesus Christ The first storm caused by God to get back into the will of God The second second storm is caused by Satan to stop us from the will of God The third storm and the third storm is recorded in Acts chapter 27 And we're gonna bring this message to the conclusion Acts chapter 27 This is apostle Paul in the storm. What do you do? when the storm came against you and You're rebuking it rebuking it rebuking it But it seems like it's not stopping when it seems like Storm is not subsiding Trust in God but meanwhile Get a surfing board and serve serve serve In your storm there are people who say because I'm sick. I shouldn't pray for sick people Not realizing first time what healing is mentioned in the Bible was an Abraham was commanded by God to pray for a Philistine king and Abraham was told to pray for women who were barren. Can you imagine? Abraham started a healing ministry Praying for barren women His wife was barren at home and people could have said to him Abraham How dare you pray for other women to be healed when your own wife you can heal her? But Abraham was not like us Abrams is okay God told me to pray Abraham goes and prays for other women and God heals the women and comes back home And his wife cannot give birth to kids When your storm is prolonged Don't stop serving and God heals Abraham's wife same thing happened with her brother Joseph Joseph goes into prison and instead of like Samson who went into same kind of prison and going into circles Samson went into prison because he ran with lust Joseph went into prison because he ran from lust and Joseph instead of going in circles in prison Joseph became in charge of the prison Joseph started a prison ministry He woke up every morning and sees one person is not happy. He says hey, how are you doing? Why are you not happy? You want me to tell you a joke? You want me to cheer you up? He says no, I had a bad dream. Tell me the dream and the man tells him a dream and Joseph at that moment remembers God gave me a dream that I will be in charge of my brothers But look what happened to me and at that moment Joseph could have said you know what bro I think you ate too much pizza yesterday forget about your dream But Joseph says no no no he says your dream means God is gonna do this and that How could you tell him that God is gonna fulfill his dream when your own dream is not being fulfilled? But Joseph realized when you are in pain don't stop serving little did Joseph know The man he helped with the dream will become the man who will fill his own dream Will fill his own dream and Joseph helped the man two years later a few years later the man calls Joseph He says hey Pharaoh wants to see you and the rest is history Surf through your storm


Your Coca-Cola bottler presents Claudia, based on the famous play and novels by Rose Franken, brought to you transcribed Monday through Friday by your friendly neighbor who bottles Coca-Cola. Relax, and while you're listening, refresh yourself. Have a Coke. And now, Claudia. Claudia, why are you so fidgety? Who's fidgety? You are fidgety. Am I? I hadn't noticed me.  Have I? You love you were on the verge of biting your fingernails. I never bite my fingernails. Exactly. So far you haven't gotten beyond the verge. What are you expecting out of that window? I'm not expecting anybody out of this window, especially. Then you are expecting somebody. I didn't say that. All right, have it your way. If you want to be secretive, I'm not curious. Mama, what time is it? Just five minutes later than it was five minutes ago. Now that's a nice to the point answer. What time is it now? Twenty-five minutes of seven, and all is well. Oh, that's what you think. It'll be time for dinner pretty soon. Why don't you go up and wash? Oh, we're not having dinner until later. Since when? And how much later? Oh, I thought we'd eat around quarter of eight tonight for change. That's interesting. Why the change? Mama, you're prying. I'm not prying. I'm bursting. I know there's a secret around here someplace, and if I don't find it out soon... As a matter of fact, I wouldn't mind having somebody to talk to. Here I am.  You're always telling me I'm nosy. Look at you, your nose is as long as the handle of a broom. I don't see why I have to be insulted in the bargain. But if you want to carry around your secret, grow old before your day, get wrinkles around your eyes, pace up and down this room until I'm dizzy, so be it. I was only offering you a little solace and my motherly bosom in which to confide. Well, all right. Maybe it would help to confide in someone. Anyone. But you don't have to if you don't want to. I want to. Well... Where is David? Are you changing the subject? It's a part of the subject. Where is David? He's out walking with young Jeffrey. Oh, good heavens, those two. No grass is going to grow around here. They keep walking so much. It's nice to see them together. David's been like a father to that boy. He's loved it. Still a boy's real father is better. That's what I thought when I... You told me you were going to tell me, remember? Where is Mrs. Killian? Claudia, I am not a witness on the stand. This is not 20 questions. You were going to tell me what's on your mind. She's still upstairs resting. I think so. She and Jeffrey get along like mother and son today, don't they? Not very surprising considering that's what they are. But they weren't really till today. The things that I brought them together. Pretty wonderful of you. I think so. Here for 16 years they've been more like aunt and nephew and one night under our roof... I know, like mother and son. Now, Claudia, I'm ready to listen. Do what, Mama? I've been talking. I give up. I'm not curious anymore. I'm just plain exhausted. Even if you were to tell me your great, wonderful secret, I wouldn't be interested. It's not great and it's not big and it's not wonderful. Mama, I did something awful today. Is that so unusual? But this is especially awful. This was a sort of thing a maiden aunt would do or a meddling sister-in-law. Making great sense. I am. That's the worst part of it. Well, meddling aunt, what was it? Mind you, this is the last time I'm going to ask. Mama, I called up Roger. Roger Killian? Yeah. What's so terrible about that? I called him up in Chicago. That's a little extravagant, but not a crime. Oh, you haven't heard the half of it. The other half is an awful long time in coming. I told him to... I told him to get on an airplane and come here right away. Come here? To Eastbrook? Yes. But Claudia, Mrs. Killian is here. I know. And you know that Roger and Mrs. Killian they aren't exactly anxious to see each other. I know that too. Well, no wonder you're fidgety. Now, I'll be on the verge of biting my nails. I thought that maybe if Roger and Mrs. Killian met under our roof, they'd sort of be like husband and wife again. And if they would, it would be marvelous because Jeffrey really needs a father and mother more than anything. Mama, don't just sit there and say something. I have nothing to say. Well, I don't see what's so terrible about what I've done. After all, I can invite people to my own house, can't I? I thought I'd brought you up to mind your own business. All I did was put two and two together. Two and two have nothing to do with it. You're trying to put a man and his wife together. A man and his wife who are old enough to know whether they want to be together or not. That's just it. I don't think they do know. They haven't been together for such a long time. Maybe they've forgotten how nice it is. Don't judge everybody else by your own experience. Your husband happens to be a very patient and understanding man. Oh, I knew you'd be angry with me.  Livid. I don't know how to tell him. Just tell him? David hates meddlers, and I promised him on the altar I wasn't one, but I just couldn't help myself. I think it's miserable for Roger and his wife not to have a home when they have such a nice son as Jeffrey. Claudia, has it ever occurred to you that maybe Mr. and Mrs. Killian are happier apart than together? Of course it occurred to me. What do you think I am? I'd rather not say. They're both so nice. Mrs. Killian is really very nice too. When you get behind the part of her that isn't so nice. And they're both lonesome. So I thought I'd give them half a chance. No, giving them more than half a chance. You're giving them a whole chance. Did you tell Roger that he'd find his wife here? No, but I was going to, but I didn't. Oh, this is all very cute. Well, when is Roger getting here? Oh, it's time I went to the station. Maybe I should just sort of sneak in the car and drive off without telling David. Two wrongs don't make a right. You know you're not allowed to drive the car anymore.  Why can't you drive? Thank goodness I never learned. Hello, ladies. Hello, David. Now, what's the matter with you? Do you look if you'd been discovered planning a murder or something? That's a silly thing to say. I'm remarkably observant of you, David. David, are you doing anything now? I am about to light my pipe.   I mean, do you mind lighting it in the car? Is that where the matches are?  It's so silly. David, how would you like to take me for a drive? Isn't it time for dinner? Heaven's no whites early. Claudia means dinner's late tonight. No, it is. Why? Because I want to go for a drive with my husband in the car. Are you so awful about that? A little unusual. I'm hungry. You can munch a piece of swibock on the way. On the way where, swibock? Yes, on the way. On the drive that we're going to take. Are you trying to tell me something? Oh, you're so bright. I'm trying to tell you that I need some toothpaste, so I want to go downtown. Well, I'll go and take your teeth with me, or we'll go after dinner. Let's go, and I go now. Our teeth can wait. Oh, you're impossible. I know myself at your feet. I propose that you take me for a little drive, just the two of us, with a little privacy, and you reject me. I am offended. Mother, your daughter is nuts. This is only the beginning, David. Do me a favor, take her out of here. Thank you, Mama. Well, I don't like to hurt her feelings and make her think I don't want to be in her company, so, all right, let's drive. Phew! But no monkey business. Here we go, Mama. You still haven't told him, Mrs. Budinski. I wish I knew how I was going to. I would like to see the scene at the station. That's something I'd really like to see. Maybe that's it, Mama. Maybe I shouldn't tell him. Maybe I should just lead him by the nose to the station and let it all happen right there. You don't mind if we just sit here at the station a few minutes, do you, David? Oh, no, no, no.   Oh, yes, it's lovely. What are we doing here? Just sitting. Darling, I am not a half-wit. You're not? No.  I know something is cooking, and if you don't confess, I'll wring your neck. David, did you hear a train? Who are we expecting? Why do we have to expect somebody? No, no. Like driving me? We bought the toothpaste. We had a lovely drive with you staring out the windows if you expected to see ghosts. Oh, not ghosts. It was charming, yes. I wish I were going to see a ghost. Anything would be better than... Then who? David, whatever you're suspicious of, you're right. Claudia, I know I'm brilliant. I know I'm the most understanding husband in the world. I know I can usually guess just exactly what you're thinking. And I pledge you. I pledge you I won't be angry. So get it off your chest. Not my chest. It's my conscience. Do you hear a train? Well, if it's a train that's on your conscience, no wonder you're finding it difficult to talk. There it is. I knew I heard it. Oh, darling, you don't have to look so upset. No. If you could invite someone up here for a weekend, it's perfectly all right with me. Now, you won't forget that, will you? Promise. And if it's a surprise, I'm sure it's a good one. And nothing for you to worry about. Well, hold on to your hat. Come on, darling. Quick, tell me, who is it we're meeting at the station? Yeah, I don't want to act like an unwelcome host. Oh, it's somebody you like very, very much. Fine. As a matter of fact, it's somebody you know very, very well. Good. As a matter of fact, it's Roger. Roger? David, please don't look like that. You invited Roger here? Why not?  I know, but this is a lot different. His wife's here. You know they don't exactly spend so much time together. Well, his son is here, too, and it's about time they did. Oh, this was the big plot. David, you'll help me, won't you? You got into this yourself? No, you help yourself. You see, I thought that if Roger and his wife could sort of meet under our roof, well, they could sort of see how nice it is to be under one roof. I always thought there was a fair resemblance between you and Cupid. There he is now getting off the train. Did you tell him that Mrs. Killian was here? Well, I thought you would rather tell him that. Howard? Well, you're so much closer to him than I am. And when a man meddles, it never seems just like meddling, does it? He's going to get his bags. He'll be right with us soon enough. David, I feel devastated. I feel as if I've done something awful. I feel as if I've put the mouse in a trap. Well, that's where mice belong. But is Roger going to mind being a mouse? I think in the end, Roger might even be grateful for the trap you've set. You do? Now, this is no suggestion for what you did do with this sort of thing again. But for once, I take off my hat to you.  Well, every trap must have its cheese. I've always been very fond of cheese. Even still? Especially still. And darling, if you work as hard on our marriage as you have on Roger's, life is going to be very, very sweet. Life will be, darling, because you are.  And you can tell him about his wife. Dum, dum, dum, dum, dum, dum, dum, dum, dum, dum. La, la, la, la, la, la, la, la, la, la, la, la. Within the last few years, more and more factories and offices have installed Coca-Cola coolers so that people on the job can work refreshed. But many homemakers forget that they too deserve the pause that refreshes. You use up a lot of energy at your household tasks, and it's a good idea to stop for ice-cold refreshment. Moreover, it takes just a few minutes if the refrigerator is well stocked with Coke. Bring a carton home from the store today and supply your home cooler with delicious enjoyment. Mr. King, oh Mr. King, how did everything go at the station? All smooth as pie, Mrs. Brown. That daughter of mine, she'll give me heart failure one of these days. The things she does. Imagine inviting Mr. Killian up here and not telling anyone. So far, so good. I'm just kind of waiting to see what happens. I hope the results are worth the anguish. It's going to be quite a weekend with Mr. and Mrs. Killian and Jeff all in the house. I wish I could be here to see it, but the best I can do is to say that I'll be back on Monday.  Or the cast will be dead. Well, that's what I'll be here to find out. See you then, and good luck. Thank you. We'll all need it. As I was about to say, every day Monday through Friday, Claudia comes to you transcribed with the best wishes of your friendly neighbor who bottles Coca-Cola. So listen again Monday at the same time. And now this is Joe King saying, ought of war. And remember, whoever you are, whatever you do, wherever you may be, when you think of refreshment, think of Coca-Cola. Or Coca-Cola makes any pause the pause that refreshes. Ice-cold Coca-Cola is everywhere. These programs star Catherine Bard as Claudia and Paul Crabtree as David, and the entire production is supervised and directed by William Brown Maloney. And now here's a word from your friendly neighbor who bottles Coca-Cola.