24. 24. 24. 24. I have completed 24. And this is your second term? No sir. This is my second term. Exactly. And you are from Mahatma Pradesh? Yes. So why do you wish to join the civil service? Sir, there are primarily two reasons. On the professional front, I want to become a part of the Indian system of this country and on the personal side, it would help me to develop a comprehensive personality. So these are primarily the two reasons. This is a good career? Yes sir. An excellent career because these are the higher services. Yes sir. The best career available in this. There is no harm in saying that. You will get an excellent career. Yes sir. What qualities do you possess which will make you a good civil servant? Sir, I would highlight three qualities. First, integrity. Sir, second, empathy. And third, perseverance. Are you ready sir? Yes sir. Or should I continue? You can. No, I... No talent for me? All right. What do you think of Mahatma Pradesh designating five Godmen as giving them a minister's name? Yes sir. What is your view on this? Have you read that? Yes sir. Yes sir. Okay. Sir, the five religious and spiritual leaders have been given minister of state portfolio. Sir, the reason for this... No, these are everyone knows. You tell me, would you endorse such a thing? Sir, if such status is given or such designation is given for conservation of some ecological resource, then it could be justified. Okay. Now, foreign service is your second choice? Yes sir. Do you think that India's neighborhood first policy has developed some serious weaknesses? Neighborhood first policy? Yes sir. Do you think so or not? If so then, if not then why? Are you understanding my question? Yes sir. Neighborhood first? Yes sir. You know this policy of the branch? Yes sir. Has it developed certain serious weaknesses? Do you see some failures, some difficulties, some setbacks? Yes sir. Sir, I think that some laxity has been there in the part to take up this matter on a mission mode because currently we are having not so good relations with Nepal and Maldives. Pakistan is a perennial issue and then the issue of Rohingya with Myanmar and Bangladesh. And the Sri Lanka is in a political mess right now so we are not able to project a kind of elder brother's gesture in this neighborhood. Do you think that China has succeeded more effectively in this region with our neighbors than we have as of today? Do you see that China is more successful than us? Yes sir. I would say China has used its financial muscle to its optimum potential to make investments. Not everyone knows. Yes sir. You should focus on my question. Has China succeeded more than us? Sir, right now it is. What are the indications? Give 1, 2, 3 quickly. Sir, the bent road project, all our neighbors are part of the bent road project except us. Sir, the second is the issue of the CPAC with Pakistan that impinges our sovereignty. Sir, the issue of Toklang is with Khutan. Sir, I appreciate that. Mr. Dixie, it is a kind of a debate going on in the country that whether the country is witnessing a jobless growth or there is a view that there is no jobs throughout. Yes sir. Between the two, which motion it will support? Please give your arguments. It's like a debate. Yes sir. Okay. You choose one side and give your arguments. Sir, I would say there is no job drug because we are not having the regular and high-frequency data with respect to the employment numbers. And therefore, sir, whatever the new jobs that have been created, especially in the hospitality tourism and the retail sector and in the aviation sector, those have not been yet captured. So, a sense of jobless growth is being seen. So, what we need is a more high-frequent data on employment numbers to justify the reason on that. That is all right. That is as far as calculation is concerned. But the intrinsic issue is that is there any change in the pattern of employable opportunities being available in the economy in the last five years? And if so, how and why? Sir, the earlier days of fixed high-job security jobs are not there at the present moment. More of freelancing and fixed-term employment, self-employment. So, these have changed the job scenario in our country. So, the pattern of jobs that have been created. Have you gone through the budget? Yes sir. What is the size of the budget? Sir, it is around 24 lakh grand. In the major focus areas? Sir, agriculture. Sir, health. Sir, infrastructure creation. And what is the allocation respectively? Sir, in the livelihood and farming opportunity in rural sector, we have given 11 lakh crore which includes 2 lakh crore of budgetary support and other from the external. Sir, please speak of the budgetary support. Sir, it is about 2 lakh. Out of 24 lakhs, 2 lakhs you have said. And sir, in health, sir, we have about 2,000 crore for the health sector and the health and education sets that has been raised to the 4%. What about the rural sector, please? It is 14 and a half lakh crore. Yes. How much is the job of infrastructure? How much is there? 6 lakh crores. Yes, sir. And defense? Sir, defense. Okay. And what is the job being provided, employment in the MSME sector? Sir, the job figure I do not know, but 80 million. Okay. Any idea about Indo-China trade? Just briefly, 1, 2, 3, 4. What is the total size? Sir, it is about 80 billion US dollar. And import-export? Sir, around 60 billion dollar we are importing and 14 we are exporting. So, it is roughly around 50 billion trade. It is 68 and 16. Yes, sir. So, what is the way out? Sir, we need to engage with China so that the Indian goods get greater market access in China, especially goods like agriculture, soybean, the pharma, generic medicines. Sir. Please sit down. Yes, sir. Foreign service is your second reference. Yes, sir. What is the job profile of an IFS officer? When is the place posted outside India? Sir, the IFS officers are posted in the missions and embassies abroad. Sir, they are also posted in the international organization to further the national interest. And sir, second they are also involved in negotiating the trade deals, the nuclear dealings to many other deals in the industry. So, you said furthering the national interest. Yes, sir. What is our national interest? Which are also objectives of our foreign policy? Yes, sir. Sir, first is the territorial integrity and sovereignty of our country. Sir, second is our economic interest in the world. Sir, third is cultural diplomacy. And sir, fourth is energy security. You had come to this interview board earlier? Our board earlier? Yes, sir. When you were last year? Yes, I was last year. Good. Okay. What are the challenges to Indian democracy? You see, though it is called a vibrant democracy. Yes. What are the challenges? Name at least four, five. Sir, first is the challenge of institution. The election commission has not been provided, D-charged on expenditure as has been provided to other constitutional bodies. It depends. What about election commission? But you come to parliament, start with parliament. Sir. Is parliament functioning properly? Sir, there has been log jam in parliament since the start of this parliament. At itself is a very bad sign. Yes, sir. Actually, election commission has to observe. Yes, sir. As per the rules. Yes. There could be armed with more powers that is a separate thing. But what are the dangers to our democracy? Sir, this one is the improper function of the parliament. It has not been able to pass the bill or discuss the financial asset. Yes, yes. Yes, yes. And so on. There is no discussion proper. Yes. Then what else? Sir, the second is the issue of pressure within the judiciary, which is also a pillar of our democracy.  But there are definite dangers. Yes, sir. Use of money and muscle power is election. Election funding has to be more transparent. Yes. And foreign funds that has been created. Use of casteism, religion in politics. Why don't you say? This, you know, now these lignals have become a minority. You know, the cabinet of this thing, though. Of course, the government of India has to give its nod or this thing. But you know, what is this? What is this? Will you construe it as a democratic way of functioning or what? Sir, can I take a sip of water? Yes, please. Yes, please. Thanks. You just name four, five dangers to democracy. No, these are the threats to our democracy. Sir, one is the identity politics, use of caste, religion. Correct. Sir, the second is the issue of election funding that is not transparent. Correct, correct. Sir, fourth is the issue of hate speech against one of the communities. Sir, fourth, the other one I could say is, it's a lack of inter-party democracy. Now, that is the way you should approach this. Okay. Let me ask another question in this regard. The Supreme Court has given some rulings which are in a way of electoral reforms to bring about more cleanliness. So, cleansing the kind of democratic form of government for election purpose. Sir, can you name two, three cases? Sir, one is the use of VVPAT machines with the EVMs to increase the credibility of the election process. Sir, the second is the issue of no time, none of the work that was given by the Supreme Court. And sir, third, the debarring the convicted politicians from... In which case it came? Sir, I... Okay, okay, go on. And, sir, currently it is hearing a case regarding the... the convicted politicians to head... whether they could head the political party or not. Okay, but you know, another case, important case, you know, to declare the assets and sources of income of the relatives or the family members of the candidate. Yes, sir. In the affidavit to... they have to disclose their financial activities. Okay, let me ask you about one part of the scheme of government of India. You know, Digital India? Yes, sir. Speak something. Sir, Digital India is the program to make our country more digitally empowered. And it has, sir, nine pillars, like creating broadband highways, e-grantee, e-governance, sir, and to reduce the import of electronic goods to 2020, so that we could be self-reliant in the electronic goods production. And, sir, last one is, sir, digital literacy in our country. Digital literacy and delivery of services digitally. Yes. That is very important aspect. Okay. Thank you. You did a project on... or you were awarded for a project on smart grid... smart grids. Yes, sir. What was this project about? Ma'am, smart grid is an electrical grid that involves automation, communication and IT systems. Ma'am, it helps in renewable integration, prosumer creation, and it reduces the aggregate technical and commercial losses. Okay, good. So, if it reduces the losses, do you think that in the smart city project, we could make use of the smart grid, whatever they are? Yes, ma'am. In this... Is it going to be done making use of smart grids? Ma'am, smart grid is a component within the smart city project. And right now, it is being done in 17 pilot cities across India. So, where is it successfully being done? Anywhere in Varanasi? Ma'am, in Varanasi, the one component of a smart grid that is underground cabling has been done. So, that will also then reduce the power theft? Yes, ma'am. That is also... That is very good. All right. Now, you can do kinetics. Yes, ma'am. You pronounce it as kinetics? Yes, ma'am. How to pronounce it? Kinetics. How do you spend this particular technique you do? Ma'am, it's the study of non-verbal communication. Yes, ma'am. So, how many can you... Ma'am, it helps me to rectify my own passive defensive postures while communicating with others. And ma'am, it also helps me to create a better wrap-up with other persons. And it helps me to reduce my anxiety levels. How is it different from emotional intelligence? You know what emotional intelligence? You would have studied it in your ethics paper. Ma'am, kinetics leads to effective communication. And effective communication thereby leads to emotional intelligence. So... So, it's one component of emotional intelligence just as you were telling me about your smart grid. Yes, ma'am. Right? Now, you also mentioned the Bohemian system. Yes, ma'am. What is the problem with the Bohemian system? Ma'am, the problem with the Bohemian system is that they are the stateless citizens. They have been devoured from the citizenship of Myanmar by the 1982 Act. 1982 Act. And ma'am, in India, there are about 40,000 of them. 40,000. And the government is planning to deport all of them. So, are they going to impact our society in any way? If they continue to stay in our country? Ma'am, there could be several impacts. One is the pressure on our limited public resources. Yes, yes. Ma'am, second is the issue of security threat. Yes. And the third is the issue of human trafficking and getting fabricated Indian documents. So, these are kind of the threats. Yes, true. Now, since you're from Mathia Pradesh, there's a project known as the Pane Betwa. Yes, ma'am. Are you aware of it? Yes, ma'am. Tell me what are your views on it? Ma'am, overall it is a good project. Ma'am, it would improve the irrigation potential in the Bundelkhand region, which does not have any credible irrigation sources. Second, it would help in river interneeding so that the paradox of drought and the floods could be resolved. And ma'am, third is the issue of electricity generation that could be generated through that project. Are there any negatives to this? Ma'am, there are a few concerns and negatives. Yes. Like, ma'am, the dam that is being conducted with more dams, it would flood most of the Panna tiger reserves, area poor reserves. So, those tigers and other wildlife species have to be relocated to other Kanha or Pench other national reservoirs. But there's also one major drawback that when there are floods in one area, they also simultaneously flood in the other. So, how will it help? Ma'am, right now there is no system of dams controlled. So, by creating the dams in this river interneeding project, we could control and regulate the amount of water during the flood season. Oh, thank you.  Yes. If I ask you to select any one particular area, which is your priority? Yes. For the country, if you want to do something. Yes, sir. What would be your focus? Sir, my focus would be on the distribution side of the power systems. What would be the focus and why we need more focus on that? Sir, right now we are a surplus country as far as generation is concerned. But around 4 lakh households, 4 crore households, they do not have access to electricity in our country. And the primary reason is because of the poor performance of the distribution companies in the distribution sector. So, if we could have some scheme for the financial turn of those distribution sectors to reduce the losses and improve the efficiency, better talent realisation. Okay. Sir, the Supreme Court has ordered for a power management board and it has said that the interstate rivers are not a property of any particular state. Yes, sir. It is an as per I said and we are just trustees. Anything else on the Supreme Court side? Drinking water, something else. Yes, sir. It has allocated 5 TMC. That is a separate issue. What did you say on the drinking water? It is a priority issue. Yes, sir. It is to be a given top priority. Yes, sir. Also groundwater, something on the court has said. Yes, sir. Regarding the groundwater, they have said that Tamil Nadu has more groundwater potential in the Cauvery basin. Yes, sir. What has happened in the subsequent period? The judge has not been able to give a objective so far. Yes, sir. Sati Cauvery management board has to be constituted. It has not been yet constituted. The central government is saying that it could violate the moral code of conduct for the elections. Government will ask for time. Yes, sir. And subsequently court has also given a further direction. Yes, sir. Do you have that? Sir, just few days back the court has asked to give the final draft of the Cauvery management project. By I think some date in 21st May or some date. Yes. Okay. Subsequent to this, there was another water dispute. That's all. That was in 21st May. Yes, sir. What is that? Sir, it is Mahanagi river dispute. What is the problem there? Sir, the issue is mainly between Chhattisgarh and Odisha that Chhattisgarh is building new hydro dams on the Mahanagi river. Are you aware that the Ministry of Water Resources, Minister, has convened a meeting of five states. Yes, sir. So, what is your take on that? Sir, it signals some more participatory and inclusive efforts to solve the interstate river water dispute. But no matter Odisha, I have to object to that. Yes, sir. I am not known the result. Sir, Odisha has objected to this board. Yes, sir. The point is that one of the states referred to Metragons. Therefore, what is the point in any of the discussions? Yes, sir. Okay. Last question. US and Russia are in the same. Yes, sir. That's at the low level right now. Yes, sir. What is happening? Sir, currently Robert Miller is investigating the Russian meddling into the presidential elections of USA against President Trump. That is one issue. So, the second is the diplomats of the Russia have been expelled from USA because of the drug poisoning in UK. UK that has been arrested and done by... Do you think there is any other issue? Let us... From Syria, something... Yes, sir. The drug... The President Trump has stated that perhaps Russia is going to send some message. Wait for it. Okay. Fine. Thank you. So, is it going to fight the... Is Mr. Trump going to fight the missiles at Russia? No, sir. There won't be any direct conflict between the US and Russia. What is he trying to say? Sir, he is trying to say that Russia would start... would continue to support Assad in material of the chemical attacks or any other things that happen inside. Russia has said that any missile attack will be repulsed. Yes. They will use their anti-missile system. Yes, sir. Mr. Trump has given a threat. But you wait for our missiles. Yes, sir. The Syria has to remain the center of conflict. Yes, sir. Now, you have got a gold medal, Canada gold medal in electrical engineering. Yes. What medal was it and for what purpose you got it? Sir, the Canada project was on the smart grid. And sir, the gold medal was for the excellent performance in my b-tech in Aisindar. So, the smart grid? Yes, sir. Is it being adopted in India? Yes, sir. Where? Which is the power distribution main agency in India? Sir, it is PGCIL, Power Grid Corporation. Power Grid? Yes, sir. Has it started using smart grid? Sir, it has developed a resource center in Bhutan. And sir, it has... You are not answering my questions. Has it started using... You say it has established a resource system. Has it started using... Is it in use? Yes, sir. Where is it in use? Sir. How much percentage of the grid has been got under the smart grid? Sir, the percentage I do not know, but in 17 cities it has been run as a pilot project. It has been. Good. Then you should say that. So, what I am interested in is in real achievement. Yes, sir. Not in planning or in lofty intentions. I am not interested in those. How much is the electric power installed capacity of India? Sir, it is around 334 gigawatt. Yes, sir. Out of which, how much is solar? Sir, solar is... Sir, it is around 17 gigawatt. Now it has become 20. Yes, sir. 20. Now, the latest is, it became 20 in 2018 January 2020. Which states are in the forefront of solar power generation? Sir, Gujarat, Madhya Pradesh, Karnataka. No, I think I was mistaken. You have left out the most important states. Telangana is number one, Rajasthan number two. Telangana is beaten every one in one year. Then Tamil Nadu used to be number one last year, but Tamil Nadu has come to number three now. These are the three, then Gujarat. Yes, sir. Gujarat is produced in about 1800. I know. Now, what is our plan for nuclear generation? How much we are generating today? Sir, we are generating about 7 gigawatt. 7 gigawatt, correct. 6780 to be exact. Yes. And what is our mission? How much we should be... We will produce by which year? Sir, that I am not aware of, sir. 63,000 gigawatt by 2030. That is our mission. French president had come recently to India. Yes, sir. There was some talk of a nuclear reactor being stored. Yes, sir. What was that place and how much power generation is intended to be produced by that generator plant? Sir, the place is Jatapuri Maharashtra. Correct. What is that? How much it will produce? Eventually... Sir, I am not aware of the exact number. 9,000 megawatt. 9,000. This will be one of the biggest losses. Are ATC losses arising or under control? Sir, they are... Sir, it's a mixed picture. In few states we have under the control and improved. And in few states like Manipur, it's still 80% improved. What was UP? Sir, you've seen the picture UP, Madhavadesh, Rajasthan... Yes, sir. Bihar... Yes, sir. Bihar happened, it's about 47% and... Yes, sir. Alright. Now, Nepal Prime Minister was in India. Yes, sir. Some agreements are being made with it. Very briefly, there were three agreements. Are you aware of them? Sir, I could take a moment. Yes, take your time. What is the railway project to go to Kathmandu? From? Sir, from Raksal to Kathmandu. Raksal, Raksal to Kathmandu. Very good. It will be an electrified rail track. That is a peculiarity, electrified. What else? Sir, the integrated check posts. Sir, I have a question. Alright. Because I took you here, I'll give you a little feedback.


Hey, this is Brett, and this 2022 Ram Promaster City Wagon is stock number 22T72. I am here at Summit Automotive in Fond du Lac, Wisconsin. You're new and used Ram and Promaster City headquarters. And today I'm going to go walk around this whole vehicle. We're going to check out some of the highlights on it, go over all the options, starting off with the 2.4-liter four-cylinder Tiger Shark engine. It's 178 horsepower, 174 foot-pounds of torque. It's combined with the nine-speed automatic transmission, and it's going to get you 28 miles per gallon highway, 21 city for an average of 24 miles per gallon. So we're going to go all the way around. Brightway is the color. I'm shooting this video in 4K, which I do all my videos. And if you have HD capabilities on, turn them on right now, because we're going to go all the way around inside, check out some of the main features, and go over the payload and towing specs on this vehicle. I always thought these were neat little vans, especially if you had a small business that had to haul product to people, and maybe not that far away or far away, but didn't want to pay big shipping costs. This would be a really neat vehicle to have. It comes with Nexon and Priz all-season tires. These are 215, 55 are 16s. You can see the tread pattern on there. You do get the painted steel rims on this vehicle. We're going to check out the original window sticker here. Feel free to pause this at any point. I'm not going to go over everything, but just some of the main points on here. So it is a 22 ProMaster City Wagon, and the Wagon gives you the second-row seating in it. Everything on your left there is your standard equipment, and pretty much this is a base package. The only optional equipment is the Upfit Interface Connector, which was $145. Total MSRP is $30,060. To get your summit price in the upper right-hand part of the screen is a link to our website to this vehicle to get all the pricing, rebates, and information on there. Three-year 36 bumper-to-bumper and five-year 60 power train, 21 City, 28 Highway for an average of $24, and it's not rated for any safety crash test ratings. So anyways, first off, I'm going to show you the second-row here, because I think it's kind of neat.  You know, go down like that, not really sure how to get that back down, and I do not want to break it, so one second.  I didn't want to break it. I wasn't sure it was supposed to be like that, but you just got to give it a little bit extra of a push, and then those seats go up like that. You will notice that it does have latch-child safety systems, so you can put car seats back here.  These don't come standard with any floor mats or anything, but it does have side curtain airbags in it. The sliding doors, they're really smooth. They open up really nicely. That's opened up all the way, but just click it, and it kind of just goes on its own, so that's pretty cool. The back brakes are drums. And coming around to the back here, you have the 70-30 split rear doors. This one does have the glass in the back, so it's easy to see out of. It also comes with a backup camera here. So these doors open up like so, and there is my surprise. These vans are very useful because you can put a pallet back here, and if you had to haul anything that you need to be taken to a customer, it's really convenient to just put the pallet right back here. So this one has a payload of up to $1760 to $1886, so £1,886 you can put in the back of here. It also has a tow capacity when you have the tow package of up to £2,000. A very capable van, I will say, however, though, there is not much room for air when you put a pallet in here. I don't know if I just have a wide pallet or what the deal is, but it's pretty tight, but it fit in there, and there is just a little bit. I can still move it, but I wanted to show you that, and it's kind of neat. Sorry I couldn't find a nicer pallet than that one. The cool thing about these doors, when you do put these pallets in, you're going to want to open these doors all the way, so they will open up completely like that, and the passenger side door does that too. And then when you close them, there's not really much you have to do is they just lock into place right there, and then you can close them like so. But just wanted to show you that you can definitely indeed put a pallet back here. I always thought these would make a lot of sense for like an engine shop that maybe custom built engines and had to ship it someplace.  It would be pretty efficient on fuel and lower your shipping costs depending on where you're shipping it to. Inside you get the black cloth, interior black and gray, I guess you could say, two tone interior, power locks, power windows. These are manual mirrors on here though. We'll hop inside, check out the radio, we'll check out the backup camera, then we'll just do a final walk around here. I mean there's not a ton of stuff that we go over on this one, but you know, enough. Has an outside temperature display, instrument cluster is nicely laid out. You get the gloss black on the steering wheel there, Bluetooth controls, cruise controls on the right. Has the Uconnect five inch radio, AM FM, this is touch screen so that's nice. This is also where your backup camera shows up. It has the grid lines there and the center line. So if you did have a hitch on here, you could get hooked up to your boat camper, trailer, whatever. Really easily get a USB jack, a nine speed automatic transmission. You do get two 12 volt power points right there.  And then there's storage up above the drivers here so you can put papers and clipboards or whatever you may be using that for. And that's that. Nice and quiet in here. I think the wagon comes with the padded headliner, which acquires it down a little bit. So that's really it. We'll start it up, do a final walk around on the outside and hope you enjoyed the video. Learned a little bit about the ProMaster City. Like I said, I think these would be really neat vehicles for small businesses that have to haul product places. Thanks for checking out the video. Remember to like, subscribe, and share on my YouTube channel, which is youtube.com slash Summit Auto. And if you want to check out more photos of this 2022 ProMaster City or one of our other 450 new and used cars, trucks, SUVs, minivans, wranglers, work vans, stuff like that, go to that website right there, summitauto.com, full pictures and descriptions of every single vehicle from two locations, all at summitauto.com. And if you'd like to check out more HD videos, you can go to youtube.com slash Summit Auto. Remember to like, subscribe, and share on this video and all the videos that you see there. Click the bell notifications. You'll get updates on the videos I do each and every day here at Summit Automotive. In fact, in a second, you will see a link to subscribe to my YouTube channel in the upper left to link to more ProMaster City vans like this one in the upper right. A link to this vehicle on our website in the lower left and a link to one of our latest YouTube videos in the lower right. Check those. Check us out. And we're super excited to help you with this ultra clean, good looking, brand new 2022 ProMaster City in bright white city wig. And thanks again for checking out the video. Remember to like, subscribe, and share on my YouTube channel. I really appreciate it.


The following is a presentation of TFNN. The morning market kickoff with your host, Tommy O'Brien. Good Thursday morning everybody, I'm Tommy O'Brien, coming to you live from TFNN just after 9 a.m. Eastern time. We've got about 24 minutes to go until the start of trading. We've got markets in positive territory coming off the lows the last night. Lows at 4408, so you're talking about 25 points off of the lows we had at about 9 p.m. Eastern time. If you get the NASDAQ 100, we're up by 60 this morning, we're right at about 15,000, 15,000 on the dot as I say that. Lows overnight, 14,087 were positive in the NASDAQ 100 by about a 30%, Dow positive by about a tenth of a percent, 34,847 we get the Russell positive by about three tenths percent, 1884. Crude, back above $80 yesterday we had a 79 handle, I think we even got, we did. We got a brief $78 handle at about the market lows last night, we popped a bit, we're back above $80 at $80.47 on the price of crude. These are 10 minute bars we're looking at in this chart. Go contract up a couple dollars at 1930 from 1918. How about this channel line, right? That's a 10 minute going back about 10 days. You put this things on a daily and since July 27th, it's been a one-way trip, man. Does the 10 day get us? Let's put it on a 20 day. Yeah, point being, keep that on your radar, folks, because it's a pretty well-defined channel line. I put one there. I'm going to duplicate that line, put this one on the bottom somewhere, right there. Keep that gold channel on your line. Kind of a short-term channel where I'm approaching the top side of that realistically as we're doing it, maybe a little linear regression, might bring it right down to here, right? We might be approaching the upper side. Look at how well-defined that is, man. Pay attention to that as we're approaching the upper bound of that channel line in gold at 1931. We jump over to the dollar index right now, DXY. Pull them back a bit to 103.12, we're as high as 103.60 last night. That, of course, weighing on commodities or influencing, I should say. Not weighing. Give them a little bit of a lift as the dollars pulled back. We've got to talk about yields, man. That's going to be the headline to kick things off. We're talking about four point, the exact right now, the exact, and we are eight ticks off of the lows, okay, 4.292, 4.29 on the dot, 4.29% on the tenure, man. That is remarkable. We are going into the all-time recent highs, all-time recent highs, right? Challenging the October highs from our price point, 108.26, we got to 10905. Who had us challenging 4.3% in the tenure when we were at 117 in price action about, what is that, three and a half months ago, yeah, three and a half months ago, man, 14 weeks ago, we were at 117 and you're down to 109. What is that? A loss of eight? That's like a 7% loss in capital, 7% in equity, mark to market, right? 7% loss in mark to market. If you're in the tenure, you bought it at 117, you want your money back three and a half months later, they say, well, we'll give you 109. You said that was fixed income. It was safe. It said, ah, not so much, man. Rates have gone up since you locked in that 117 price at the beginning of May. So it'd be interesting to see where we go from there. All right. And as we kick it off, yeah, here's the headline, man. Global yields marched to 15-year highs as rate hike worries built. So interesting how this narrative is changing a bit. We just pulled up the gold contract. What has to do with the dollar, of course, we take a look at the dollar, dollar index, that's a weekly basis. We're just going to back things up. You couldn't make the same case on the dollar index to the upside, right? Let's add a drawing here. We're talking about channels potentially. There's your lower boundary. Let's duplicate that line. It's already parallel. We slide it up to the top, something like that maybe, right? Check out that channel, man. And we are approaching the bottom side, but what is that talking about? It's talking about higher dollar, weaker commodities. We jump over to yields in that same degree. And let's see. I'm going to go back even a little further. No, that gets us back 20 days. Let's go back a little further. How long does that go? Look at this one. This one's interesting. You almost got a well-defined channel going back all the way. That's a four-hour chart to when. Yes, it's basically the beginning of May, man. Let's go a little bit shorter term timeframe. Yeah, not quite as well-defined. We're definitely in lower price action. So we have lower price, higher yield. With that, you have dollar strength. We have commodity weakness. And in the same essence, we got market weakness, man. Now, let's back it up to the highs here of $46.34. Yesterday, for some reason, I was like, man, this market just cannot catch a bid. Look how many sell-offs from this top. It starts with the first sell-off, July 27 from the highs, recent highs, $46.34. We make another high overnight, July 31. We literally come into August at about $46.20. And that little, look at, this is midnight. Right? What did I just do? Yeah, that's like midnight. It is. Yeah, it's like midnight. Look at how things roll over literally midnight, August 1. And let's start the channel line right there. All these things related, folks. As in a weaker market, higher yields. So keep these on your radar. We'll have them on the charts now. Maybe not exactly parallel, but somewhat well-defined, and they're all there. So the relationship ships are existing, right? I was looking at these last night. I was looking at them this morning. I said, do you know what? I'm just going to draw all these channel lines when we kick off the program for the first segment. So you can see the correlation going on. This is going back to the pullback that we've had from August. It's quite a month, man. You check out the NASDAQ 100, right? You're talking about well-defined, okay? So we're getting areas here that at least you can start to build a channel. Let's duplicate that line, NASDAQ 100, throw it to the bottom side there, something like that. There's your channel in the NASDAQ 100. Let's take that Fibonacci number off there. Right in the middle of that channel, the NASDAQ 100, $15,000. We've had some steeper pullbacks in some of those tech stocks, man, Apple. There's no channel there. They just drop out of bed from $196,000 to $178,000 over the period of a week around their earnings, and then we're chopping around, but slightly lower prices as this market. We were in a one-way trip, folks, for the first seven months of the year. It was a one-way trip. That's the S&P trading from about, that's March, okay? There's January. So a straight trip from about March 13th, and we're just back to the 236. That channel I just showed you. We're talking about about 110 points, get you back to the 382. That's where you gapped higher. In June, that's where you had a little bit of a base. I think that's where this market might be heading first and foremost. Now in eight days, we get Jackson Hole, Chairman Powell. Where's the tenure going to be by then? What if the tenure is pushing, we're at 4-3, folks, and the tenure is moving like a tenth of a percentage point every single day almost. You're getting such moves. What happens if we come in the next Friday at like 4-4? We're at 4-3. We're at 4.28. We're at 4.3% of the tenure. What if we come into, what if we come in next Friday at 4-5? What if we come in 4-6? First Chairman Powell going to stay in Jackson Hole. If we're coming in with yields pushing highs throughout the entire pandemic, there's your three-year weekly. Yeah, you talk about capital preservation, man. This is the reason why banks are going BK, right? They got a once-in-a-generation inflow of capital. They took that money and put it on long-term securities. On the tenure basis, you're talking about we're at 1.40 in 2020. We were at about 1.35 in 2021. You want to mark those to market. You're at 1.10, and it's only two years later. Look at the third year. You're talking about going from either 1.80 to 1.20, we're going 1.67 to 1.18. Things will change eventually, but right now we're seeing higher yield, folks. Stay tuned. We got a lot to talk about. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN, educating investors. 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TFNN has launched the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years, with live programming hosted by a variety of professional traders during market hours, the Tiger's Den. Available to all tigers and tygruses for just $1 for the year. There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Welcome back, folks. We got the S&Ps right now. Positive by 12. We get the NASDAQ 100. Positive by 51. Dow positive by 44. Russell positive by 5. We got positive action all over the indices this morning. We got the 30-year up here. Negative by 15 ticks. You jump over to that 10-year. The 10-year right now, negative by about four ticks. There's your weekly. Okay, let's back it up. Look at this in the context of big picture, right? We have been at a time. This goes back as far as you can see.  But I mean, folks, look at what would be the median price of the 10-year since it started getting charted on a future basis if you looked at this chart, right? What, 122, 123, 125, something in the middle of there? We're at 109, okay? But this chart is skewed dramatically by the fact that we have had dramatically low interest rates that we may never see again for some time, man. That was not a normal period of time. I mean, I love our man Larry Pesarvento every day at 11 o'clock right here on Tiger TV, folks. And I remember when he would be talking about, and I'm sure you do too, if you were listening to his program, right? Saying, who's given anybody money for negative interest rates when they were all across the globe? Saying, that's not how it works. It's not how it's supposed to happen. I'm surmising his words, but that is not how it's supposed to happen, folks. If you understand economics, okay, you either consume or you save. If you consume something, you get that benefit. If you save, you are supposed to save for a future added benefit, otherwise consume. Because why are you saving if you're getting no benefit and even less benefit from negative interest rates? You get the point. You check it out on the tenure, man. Absolutely remarkable. Now, the headline is the 10-year Treasury yields. I'm talking about the journal over here. So maybe it's just where they settled versus where that price actually went because 10-year Treasury yields are up again after settling, okay, at their highest level since 2008. Yeah, 4.3% is basically where we're sitting at. It's settled at 4.258 Wednesday. Maybe that was a high settlement since 2008 because the price action last October, right? A little bit lower price action in terms of the futures, but nonetheless settlement in terms of the daily settlement, pushing about 4.26% Wednesday. Shorter term rates in contrast falling. So interesting how that goes, right? Is it going to be higher for longer? Is that the reason why the 10-year is shifting up? Is the market beginning to accept higher inflation going forward? Possible. Something's happened in the 10-year. So pay attention to it, man, because it seems like every day it's creeping up and we're talking about levels now that are the highest since 2008. The only thing I will caution you is that we have been in an extraordinary period of time since 2008. That's the one thing to keep in mind here because you could say to yourself, man, this is crazy. Look at this deal I'm getting, right? Look at this deal I'm getting on the 30-year at 118, okay? Now, we talk about the 30-year. Well, guess what, folks? Prior to 2008, you would be a loser in the 30-year for price action if you were buying it at about 120 where it basically just was, right? 118, 122. Everything prior to 2008 in this chart is lower price. Why is that? Because that correlated to higher yield. We have been in an exceptional time of 0% and negative interest rates. Now we are in an exceptional time of inflation. Those two could not be more different. And so that's where I caution you in terms of the yields. I mean, look at this chart on the 30-year. Does that scream strength? Does that scream bounce? You look at it longer term. Yes, we are at a very critical area here, which is the lower price action of last year. You don't hold that area. Where do you go, right? Yeah, you've got some chop around here. You're talking about on the 30-year, easily you can make it to 104. Easy peasy, okay? I know I'm generalizing, I'm jumping around a bit, but it's important to remember that unless you think that interest rates are going back to negative, I don't think that you're allowed to. It's not as easy of a scenario as you imagine because we're talking about a yield of 4.3%, which is not that bad on a longer term perspective. You should be getting paid money on your capital, folks. For a long time, you were getting nothing on your capital, which really doesn't make sense in the longer term picture of how economies function. So we are back to a new normal. And does that mean that we're gonna be pushing inflation that's acceptable at 2.5%? Maybe, we will find out. All right, let's jump around to what else we got going on. Walmart shares out with their numbers following target earlier this week. Walmart shares jumping around were positive. Yeah, we are positive by less than a dollar right now. They're talking about their conference call. Let's see, not sure what they said at 8.20 in the morning. They said something in the market didn't like on that conference call, but nonetheless, we get over to Walmart numbers here. Where are they? So they raised their full year outlook, earnings forecast. Excuse me, as grocery and online growth, you will hire sales. Interesting, the dichotomy between Walmart versus target. E-commerce sales for Walmart jumped 24% year-over-year. Modest improvement of sales of big ticket and discretionary items in the quarter. It now expects full year fiscal consolidated net sales to increase by about 4 to 4.5%. Adjusted earnings per share for the full year ranging from 6.36 to 6.46. The company was prior looking for 3.5% sales increase in earnings of 6.10 to 6.20, so they up and on both sides there. You have the CFO, as I mentioned, modest improvement in the big ticket and discretionary items. Consumers as choiceful or discerning. Quite a way to phrase things. Seasonal moments such as 4th of July and back to school have helped to drive sales. Consumers are being more choiceful in their purchases. That's one way of saying that they might be a little bit more strapped than they had prior. Walmart could be a benefit of there though. As you see people in the higher echelons, they talked about this prior. People in the higher pace segments of society making six figures going to Walmart. Because guess what man, prices are getting crazy. We're up 20 to 25% from a few years ago. That'll get you to go buy your paper goods or whatever you want from Walmart. Even your groceries, right? It is interesting. Target, as I mentioned before, love going to Target because of the user experience, right? The experience they provide inside, they get a great toy section to the employees. I get a better feeling than in Walmart, but you're paying for it, okay? And so I can go to Target for certain things. I can go to Walmart for others. Target, they almost pretend to like have a grocery section, but it's very small compared to most retailers. That's why Target is more geared towards some of that discretionary money versus groceries. It's not even a part. They almost trick you into thinking that they got a grocery section in there. But don't be fooled. They might have paper goods, okay? I'm digressing a bit, but yeah. They kind of trick you, man.    They have it. They just don't have much of it. All right, in the grocery department, sales of private labels rose 9% year over year. Those brands make up 20% of Walmart's total US sales. Pretty remarkable, right? I mean, what is Walmart doing for groceries overall? 20%, 24% of the grocery market in the whole country, I think. And meanwhile, one out of $5 spent there is on Walmart private label. And that's only gonna keep going on as this economy is tightened and the clamps are on in terms of people's wallets. I've been talking about October 1st, right? October 1st, those student loan payments, they start up again, it's coming, and that is going to matter. Put it lightly. So check out this market. We're right in the middle of this channel line that it's been in. We're trading at 44.31. We've had some negative price action recently and we're gonna be coming back for the open. The other thing we're gonna be talking about, folks, we'll tease into it as we come into this break right now. Jobless claims decline in a sign, as Bloomberg puts it, of a resilient labor market. Applications fell by 11,000. That number comes in at 239,000 and the week ended August 12th. Resilient economy, to put it lightly. Four week average, 234,000. Those numbers out this morning. All right, folks, stay tuned. We're coming back for the market open. We'll be right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks, and options. 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You're looking at an S&P up about 15 points right now, trading at 44.34, as I mentioned. We were as low as about 44.10 overnight, so we're about 24 points above those lows. NASDAQ 100, we're up by 60 points, right at about 15,000 and the Dow, floating with about 34,915 right now, up about 100 points. We jump back to yields. Let's jump to the dollar first, and then we'll jump to yields. Dollar index pulling back, 103.13. And then we jump to the 10-year right now. 109.13 is where we are. We were as low as 109.05 overnight. You jump to that 30-year right now, and we're at about 118.30. So going over those yields again, because I was looking at that article again, I was saying, how is that? It's the highs. We're not quite back to that price action. So the way they put it is that the global yields reached that 15-year high since 2008. Okay, the 30-year reached the highest level since 2011, and you had our 10-year within a few points of the highs that we had last year for yield, okay? Now, take a look at global. This is the global yield, okay? This is the global aggregate treasury's total return index value unhedged US dollar Bloomberg index yield. There you go, that's quite a name. Yeah, we are at the highest levels we've seen since 2008. You got down to about a half a percentage point on a global basis, okay? And now we're pushing almost 3.5%. We rose to 3.3 on Wednesday, the highest since August 2008. Sovereign bonds worldwide have handed investors a loss of 1.2% this year, making the asset class the worst performer. Yeah, I'd say so, lower price. Where were we? Here we go. The 10-year yields have jumped by more than 30 basis points this month alone. The biggest monthly increase since February. You have those yields within just a point, a few points of where we were. Yeah, the 10-year yield approached 4.31%. I said, I think we're at about 4.29 right now. That's just a few basis points away from its 2022 peak. The equivalent UK yield jumped to 15-year high. It's German counterpart, approached the highest since 2011, so it's everywhere.  All right, jumping around to what else we have going on, New York City. They're not dealing with TikTok no more. If you're in government, it's one of the apps I don't have on my phone, folks. It's one thing, you know, needing to trust Apple as you do.  Think about what Google knows about you, seeing every email that you have, but at least those companies aren't run by the Chinese government. Because it's one thing, having those companies, that data's out there. Of course it can be used against you. You can try and, you should try and protect your data at all costs, protect your social security number at all costs. Those are probably gonna be out there everywhere anyway at this point. But many times people ask for it, you don't need to give it. So protect it at all costs, but I don't wanna give anything to the Chinese government. And it's almost to a certain degree. I actually recently was using X, formerly known as Twitter, because that's how you'd say it, right? And I was trying to, I think, download a picture to share it with somebody else that was on one of their posts. And I needed to give Twitter access to my entire photo library. And I actually said, nah, I'm not cool with Elon getting access to all my photos, my children, my family because I don't trust them because it's a private company, right? So you do have to have a certain level of trust with these companies. And if you're conducting every email you do over Gmail, of course you're trusting that company, right? If you have an Apple phone, of course you're trusting that company, right?  But I don't trust the Chinese government, man. So that's why I don't have TikTok on my phone. Yeah, and it is interesting.  I've actually found that when I had kids, I stopped really wanting to post on social media because for that same reason, it's like, you know, there's many people that I'm friends with, even on Facebook and Instagram that I probably haven't seen in 20, 25 years, et cetera, and putting your whole life out there not quite as entertaining when you got small kids to a certain degree. I know some people love it and that's great too, whatever makes you happy, but you are putting that out there for the universe. All right, what else we got going on? Yeah, I mean, the journal's talking about yields too, right? Stock market today, index is open higher, key treasure yield keeps rising is the number there. And we talked about the settlement in terms of those higher prices. Talking about continuing claims real quick on that jobless number, continuing claims, which include those who have received benefits for longer than a week, rose to 1.72 million, that's one week delayed. I want to bring it up just to put this chart on here. There is nothing going on in this market, man. Okay, these numbers almost irrelevant in terms of a pullback in this economy. We've been chopping around for the entire year at about 225,000 jobs. Folks, that's the number in a healthy economy. That's the healthy churn for the number of jobs you got going on. And if anything, you could have made the case that continuing claims were rising in that May to April area. They've actually pulled back dramatically, nothing going on in this chart and continuing claims that should make you nervous in any degree about this market. All right, what else we got? Let's check in on Walmart, on their numbers as we get the market open. Walmart shares, basically unchanged. You're up by 67 pennies right now. You got a positive market. We jump over to other retailers. Target, quite the acceleration to begin the day yesterday. They gave up a lot of those gains today. They're up by 910th percent. You had TJ Maxx charging higher yesterday as well. Today, giving back some of those gains, but yeah, still hanging around $89 right now, right at 89 as we speak. Let's jump around to some of those bank stocks. Amazon, positive with the market by a quarter percent right now. Apple, the king dog, up about a third of a percent. Microsoft, flat at 320 right now. Nvidia, hanging tough, up 310th percent, quite the acceleration on Monday from 405 to 450. We're back a bit, but still in positive territory for today and we jump over to Elon speaking of, down about a percent for Tesla shares at 223. They get some price cuts going on this year, this week, excuse me.  Now here's what I'll say about that. Let's extend this one to the right. Maybe that's where you're looking for some price action on Tesla shares at about 200. Maybe you're looking for price action at about 217 as you come into the highs of February, the highs in March at about 208. And just, whoops, and just out of curiosity as well. Let's see what type of a pullback that would be talking about from the run this thing had this year alone. We put a Fibonacci on there. There it is, 200 to the 50%, the 618 to about 177. That's probably where Tesla's trading as we got 4430 in these markets. As I mentioned, we're eight days out from Jackson Hole, right? We got about five weeks out from the next Fed meeting. Unless we get a shocker, I would say that they're probably on a pause, but the market seems to be shifting on the fact that guess what, they figured out they're on at least a pause because they're going every other meeting. But there's enough going on in this economy right now that they need to make sure that we get inflation under control. We got CPI still sitting at what? 4.8, 4.6%, something like that. And now we got crude prices rising a bit yet again as we got crude stuck at a price point of about $80 or to 85 recently, higher than we've seen basically since last November, in terms of the influence that's gonna have on the wallets. And at the same time, I keep stressing it, man, six weeks from now, student loan payments kick back in and that is going to have a dramatic impact on consumer discretionary income across the board. We check out yields right now, sitting at about 4.28% on the 10-year, we're negative by four ticks, but we're off the lows trading at 109.15. We jump over to the VIX as we got a positive market this morning. The VIX is comfortable at about a 16 level recently. 15 is a 16 area, so much for the days of 12 to 13 as this market has grown a little bit of angst as we got higher yields, I'm gonna attach it. Stay tuned folks, we got market positive, S&P is up by nine, we'll be right back in three minutes. 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Interesting article over here in Bloomberg, they were talking about the Tiger's Den as well earlier. It's been talked about many times before, but you got a notable analyst, Dan Ives, over at Wedbush, saying Apple should buy ESPN. Will probably cost them over $50 billion, shouldn't be surprising. They just signed some deal with the rights in terms of gambling with ESPN and Penn, but nonetheless, you got ESPN out there. And I wonder if Disney would get rid of them because it's interesting, right? You'd give it to Apple. Apple's got their own streaming platform. What's Disney gonna do with ESPN? And Apple, man, their biggest purchase ever, $3 billion for Beats Music and Beats Electronics in 2014. Disney has signaled it's considering selling or finding strategic partners. They probably wanna retain some of that. And I don't know if Apple would let that happen. They're looking to sell a stake in ESPN to a partner and they can help accelerate the network's transition to streaming. Well, Apple could do that. And the other story here that people have written about is that Apple could just buy Disney outright. That's gonna cost them a pretty penny, man. To say the least, maybe they can do it with some Apple shares. They probably should have done it when the thing was a $3 trillion company. It's slightly under that, I kid to some degree. But remember, folks, Apple has about three, excuse me, 16 billion shares outstanding. Let's pull it up and see where we're at right now. 15.7, I think is the last number. 15.6, it just keeps dropping because they do buybacks, okay? This number used to be 16 billion shares. We're at 15.6, we'll probably be at 15 before you know it. Point being, every dollar that Apple moves is almost a $16 billion move. A $48 billion acquisition would be a $3 move in Apple, which would basically bring it to where we were trading at on Monday. Just for some context of how little that actually means to a company like Apple that's pushing $3 trillion. And as the article states, okay, and listen, articles get written about this all the time, it's just talk, it's just an analyst. He's getting his own notoriety, right? He's a great promoter, Ives. He's looking to be out there. He's looking to say things. He's looking to have an opinion. Doesn't mean it's gonna be right. But it is interesting in the context of how little it means to Apple the money. But it would be quite an acquisition when the biggest acquisition ever is a $3 billion purchase of Beats. And you'd be talking about 50 billion plus for ESPN. And if you really wanna go to Disney, I mean, the time to do it's right now, man, at Disney when you're pushing 86 off of the highs of 200 and change, and Disney is now pushing 160 billion. So what would you have to do? You'd have to come in and buy that company probably for 200 to 250, maybe even 300 billion. Ah, 250, 200, they're not gonna accept 160, man, when you're trading from 203 to 86 bucks. But yes, a number that would be reasonable for a company like Apple. Let's jump to some of the other streamers. We jumped to Netflix shares. They're falling on the open off about 1.5%. Warner Brothers Discovery is flat this morning. We jumped to Paramount shares off about 6.10% and Disney shares were slightly in the positive, but boy, it's been quite adulterous.  COVID lows of 79 bucks. You only saw that for a Friday and a Monday, I think on that week. And we've been shopping around at these levels, folks. Basically since last, what? Last June, last July, we were talking about 14 months of basically testing the COVID lows for Disney shares. We're pushing 86 bucks right now and we're off the highs of 203 to put it lightly. All right, what else we got going on? Let's see what we got pulled up. Yeah, we can talk a little bit of AI. Let's talk a little bit of mortgage rates first. Why not? Because we are pushing some lofty levels. We've been talking a lot about yields. We had Warren Buffett diving into those home builders. All right, let's take a look at some of them as we kick it off. Is it DHI? Yeah, DR Horton pulling back yesterday. Wonder if that's a factor of those yields accelerating, right? There was the news on Monday that Buffett was stepping into these equities. We give back a lot of that on Tuesday's action. You charge higher and then you give it all back on where we were on Thursday. You jump over to Lenar shares. Pretty similar price action. This morning we're up by about 810% for Lenar. It shouldn't be too surprising, but we're approaching levels now. We just got the mortgage numbers yesterday and they're gonna go up again in the number yesterday. I think it was something like 7.15%. That seems outlandish. Just we have been at such a ridiculous low interest rate for so long. It seems like you're getting screwed by paying 7.25% when realistically, it's actually an amazing loan when you think about it to lock in a rate of 7% over a 30 year period to build equity in a home. The problem is we've been used to much lower rates and what you can afford seems like you're just getting so much less than what you were able to when rates were at 3.5%, but that's because that's the truth in terms of where you were and what you could afford for a monthly payment. We could push towards 8%, all right? And what they talk about in here, you got number of analysts. The average contract there it was 7.16% the weekend at August 11th. We're up from there, man. Some buyers with low credit scores and high debt to income ratios, they're getting quotes already in the 8% range and that's talking about the numbers we had as of the end of last week. And what they say in here, folks, let me get the quote, there it is. And this is the chief economist at Moody's. The market seems to be incredibly on edge with regard to rates. When you get to 7% plus, the market goes dark. Affordability is too far out of reach. That's when house prices resume declining. Well, that should help inflation to a certain degree, but yeah, we'll keep our eye on that market and hey, that could help the home builders even more, man. Because if you weren't willing to sell your house at 6%, you're certainly not gonna sell it at 7% when you have to replace that house with a current market rate, right? And many loans you cannot transfer. And I was just talking to my dad about this. You can transfer VA loans and some FHA loans, I believe. And even the VA loans, you're actually able to transfer and you don't have to be a veteran, I believe. You check all that out, folks. But having that conversation with my dad saying, if you have a loan, you have a VA loan, I believe it is a VA loan. Correct me if I'm wrong in the den, but I believe if you have a VA loan, those are assumable loans, right? So let's say you have a $300,000 loan on a property, you're selling it. If you have 25 years left or 28 years left of a 3.5% loan, that is worth a lot more money than if somebody can assume that loan than if you're just selling the property outright. Now you have to find the right buyer, right? If it's a cash buyer versus a mortgage, et cetera, there's a lot that goes into it. But everybody, if you're talking about your home, you can't trade it out right now because you just lose so much value by closing that out because loans aren't assumable. Think about it, if loans were assumable, it would release all that plumbing in the housing market because there'd be no incentive to stay in that home because you could sell that loan for an assumable value, you would get rewarded for that long-term fixed income that you had locked in and that would allow you to take the equity out of that trade basically and put it into your next acquisition because it's assumable. So you would get rewarded for giving up that mortgage. The problem is you do not get rewarded for giving up your mortgage right now.  So nobody wants to sell their house. Very interesting to see where we go from rates, but we were at seven, one, six last week and we are going up from there with rates on the rise. We're eight days out from Jackson Hole, stay tuned folks, one more segment, markets up by eight, we'll be right back. TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. 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Go to TFNN.com and hit watch Tiger TV. Welcome back folks, we got the SMPs clinging on to gains barely, but we put this back to a short-term chart and you can see the drop-off on the open. We were pushing 44.36, we're now at 44.22. We backed things up to the overnight action. 44.09 was the low at about 9 p.m. Eastern time last night. Came back to a low of about 44.14 at about 2 a.m. Eastern time last night. So coming up next, folks, we have our man Basil Chapman with the Tiger Technicians Hour. Basil filled in from my dad yesterday and he's got a lot of money. Basil filled in from my dad yesterday and he's got a webinar coming up, folks, in six days, Wednesday. August 23rd, that's this coming Wednesday. This is free for opening call subscribers. Okay, so you can come on over to the front page of TFNN. This webinar, the power of the 9 and 14 moving average. Okay, now I want to say nine day, but it's nine period. 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What's going on infinite and welcome back to another video if you guys are new to the channel Make sure you guys hit that subscribe button turn on your post notification about leave a positive comment down below for your chance To get a post notification shout out at the end of today's video now guys like I said and I've been saying the past couple videos You know my bangers that I've been dropping October is still here. So the scary pranks will continue There is roughly about a week and a half left in October guys And I'm trying to drop the most bangers that I possibly can on team genies So today as you guys can tell by title and thumbnail the video I'm gonna be doing yet another scary prank on her So I don't know if you guys have been watching this show on Netflix I've recently came out. It's called the watcher is basically some stalker type thing having to do with like this whole mystery case If you guys haven't watched it, I strongly suggest you watch it But that's basically what I'm gonna be doing today I got the idea from the show and I basically want to make it seem like we got a strange Stalker-ish letter in the mail now Janice is currently downstairs watching TV doing her thing I'm gonna go downstairs with the letter which I have right here and I'm gonna read it to you guys Exactly what I typed up.  I'm gonna go to the mailbox real quick I'll be back in about like 10 minutes because we have to drive like two blocks down to get to our mailbox It's weird bottom of Florida things But yeah, the letter that I typed up is as follows dear mr. Rivera and miss Tucker I've been watching you settle in your new home for the past two months I look through your windows in the mornings and evenings Especially when mr. Rivera leaves the house late at night to go to the gym Do you feel safe all alone miss Tucker? Do you feel safe now knowing someone is watching your every move? I watch you call your little cousins in the evening Sariana is the oldest correct Have you told mr. Rivera what you do with your spare time while he's gone? If you don't I will I'm always around as I pass the house every day and maybe even every hour Welcome to your new home in Florida your worst nightmare has yet to come the watcher So I try to go off the same format or style of typing or whatever you want to call it that they use in the show But yeah guys when she sees this letter she is going to freak out. I also threw in there I don't know if you guys caught that have you told mr.  I'm gone. You have to someone over, you know I'm just gonna antagonize her a little bit just see what she says But yeah, if you guys are ready for today's video make sure you I smashed that thumbs up But comment down below team I say all day every day like I said October still here the scary pranks are still here Oh, man, I'm loving this month. This is probably the best month of the year. Honestly, but yeah, let's get into today's video A letter that says mr. Rivera miss Tucker that has to be from like the doctor's office or something They might be a decent company Dear mr. Rivera and this Tucker. I've been watching you settle in your new home for the past two months I look through your windows in the mornings and evenings, especially when mr. Rivera leaves the house late at night to go to the gym Stop line Are you messing with me? I'm not messing with you stop You didn't take this that's not that says I'm reading it word for word. You didn't take this Do you feel safe all alone miss Tucker? Do you feel safe now knowing someone is watching your every move? I watch you call your little cousins in the evening. Sariana is the oldest correct Have you told mr. Rivera what you do with your spare time while he's gone? If you don't I will I'm always around as I pass the house every day And maybe even every hour welcome to your new home in Florida your worst nightmare has yet to come but watch it Are you messing with me? Bro swear that you didn't type this up swear that you're not I didn't I would not play like that You didn't do it, bro. I didn't I wouldn't play like that. Why would I play about my family? That's not funny So you're being that you're being that I said you didn't do this. I didn't do that Why would I do something like that? So then who would know our information what well our names are all over social media? That's that's fine. Yeah Social media like that.  Yeah, that's my middle Okay, but if you set up Janice, Niaja your whole government comes up. No, it doesn't it does baby We googled ourselves before that's the least of my worries How do they know your cousin's names and that's Sariana's oldest? Yeah, you sure you're not messing with me why why Because how else would someone know this information? How else would they know that we've been living here for Right now. Why do you think I am I? Hello time out. Have you told mr. Rivera what you do with your spare time while he's gone if you don't I will What have you been doing while I'm gone care about I'm scared this letter If you didn't type this up and you're being serious about this that you're not messing with me, right? I'm not this person knows information, right? They know our names. They know about your cousins They know Sariana's the oldest so clearly they said they've been watching us in the mornings in the evenings, right? So if you don't tell him what you're doing in your spare time, I will What have you been doing because clearly clearly he knows something that I don't all I do is literally sitting here watch TV So I don't know what that means Are you sure it was all this information?  I'm telling you. I'm not doing anything and that's like I said That's what you care about. I'm literally home by myself and they know that and they've been watching Planning on doing see but my thing is I'm always around as I pass the house every day and maybe even every hour So they've been passing the house either here or whatever. They've been passing the house even when I'm You haven't noticed anyone driving around or anything like Always at night it said even every hour in the mornings in the evening every single hour So you think I'm gonna be looking out the window every hour to you I'm just asking you have you noticed anyone suspicious Driving by that doesn't look familiar around this neighborhood. I don't know nobody so everybody. I did the suspicious There's not one single person. I don't trust nobody But then it has to be it's probably a dad here to me. It's my dad. It's probably he's joking around You know, he'd be doing stuff like that. No, he would not do something like this to me, but who else would do it? Randomly became a target. We moved to Florida now all of a sudden someone's Just in okay, but why us? I don't know that's what I'm saying bro. Someone's messing with us. We have no reason for someone to just stalk us like that I'm not worried what you mean. We don't have no reason Brother, that's probably called your dad. It's probably him messing with us and Tom is not funny. It's not him Tom is not even creepy. It's just weird. He won't do something like this. Nobody would do something like this I care about me So how else will they know your little cousin's names?  They know they're clearly looking through the windows and all that and they see you're calling your cousins in the evening This is not a time to cry babe. You cannot cry. You're seriously believing that letter Why would somebody mess with me? Why would somebody do something like this? You're gonna be not scared because I'm not scared because I'm the one who type I'm joking information We had a stalker we're gonna handle it a different way if I see someone peeking through my windows now. It's go time I Know I know you're in your feelings right now, but team. I said message you on your time of the month You got left to us. I see that's it. You know, I'm sorry. I'm sorry. That was me, but it's October. That was me It's October. I gotta do creepy stuff. I'm sorry. I love you. I won't do it again. I'm sorry Yeah, I know you do I'm sorry. I that my intention wasn't to make you cry. I just wanted to get you scared and like creeped out Yeah, so scared. Can you say team I say no no bro come?  Yeah, but that was a banger and you're not gonna say you're not gonna be my credit No, that's insane, bro.  Yes in a prank Oh You cry about your car, but that's about it 100% exactly as I should yeah As long as he knows right as I should but would all that being said infinite family that is it for today's video I went a little overboard with it. Like I said my intention wasn't to make her cry It just happened. That's when I had a call right there I wasn't just gonna continue to let her cry, but um, yeah, I'm sorry about that again It's whatever I'm only emotional so my period right now if I wasn't on my period I would just get up and be outside like Period All right guys, so now it's time for today's post notification shout out today's post notification Shout out goes out to Ricardo maps shout out to you bro Thank you so much for love and support if you guys want to post notification shout out All you guys got to do is like comment share and subscribe and turn on your post notification balls So you know if I whenever we post a new video and with all that being said we'll catch you guys in the next banger Don't do that