Okay, we're back. We're live. We're doing Monday morning. What has been now? It's wisdom, man. And you know what else we're doing? We're doing identifying and dealing with the sea changes that affect our community. What is a sea change? Imagine yourself on a ship. You know, the ocean is like this, but somewhere along the line, you've got to be like that. Okay, and it's that sea change that you don't see. You don't realize somebody has to be watching for it because it affects us. It affects the ship and it affects the community. Sometimes it happens slowly, sometimes not so slowly. The world is always changing, you know? Tim, plus a change, plus a change, the more things change, the more they change. You know, I was just saying that this morning. That's Tim Appichella. He speaks French. Not very well. So anyway, we're talking about the news today and there's some several things we want to talk about. So this is telling you what we have seen in the news and it's telling you our reaction to what we have seen in the news and why we feel these things are sea changes and why we think they affect our community and why we all want to take note of these things. So we're going to do this on Monday. We're going to do it today. So Tim, what's on the agenda for our sea changes today? Well, you know, it's what's been in the headlines for the last week. I mean, it's been you talk about sea changes. You know, if this was an airship, we would call it turbulence. And I would say that the headlines and the news articles in the last three or four days has been filled with turbulence. I agree. Bottom bottom line is we've got, you know, we have the summit about North Korea. We've had the immigration, the separation of children from parents. We've had Kilauea, literally a turbulence. And then, of course, I think one that's going to affect Hawaii quite a bit is the Supreme Court decision about taxation on internet sales. Yeah, good choice. Yeah, no, these are these are things that are in the headlines that, you know, really should catch our attention and strike a chord within us. Okay, in general, let's talk about North Korea first. You know, it's almost like after reach back that happened two weeks ago, it seems like a long time ago. And now it's been silence. We've been deluged with other distractions from Washington every day, maybe two or three times a day. So you forget what happened in North Korea. And one of the things I picked up in the interim was somebody said, somebody in the government said the North Koreans have done nothing to implement this deal. I'm not sure the, you know, the Washington administration has done anything either. So we have this deal. They met for 20 minutes. They don't speak each other's language. Lord knows what they said in those 20 minutes. The agreement is like two pages long, and it really doesn't say anything except we're going to be nice to each other along those lines, or we're going to make a deal later. That's what it says. So where are we on this? Well, let's first get past the the heaping of praise upon praise upon praise for the North Korean dictator. I was really struck by that. And I was actually cut off guard onto the accolades that were laid upon this individual.  It's heaping praise. Well, and he got what he wanted. He got recognition. He got some, you know, some esteem out of this. Whereas before he was a pariah. Now he's on the world stage. People are trying to, you know, meet with him and put their arms around him and be photographed with him. Why? I mean, these agreements have been broken in the Clinton administration. These agreements have been broken in the Obama administration. What makes Donald Trump, President Trump, think that this isn't going to occur again? Well, Trump's reputation when he was doing real estate business in New York was he always broke his word, always broke his word. And he's breaking his word in so many other ways. I'm not sure why we would think even for a short period of time that he's not going to break his word here. He will break his word. Well, was this a distraction or was this to go down in the books in history as something that was done monumentally by the President of the United States who has never met directly with a North Korean leader, dictator, even from the father to the grandfather ever since the Korean conflict, Korean War, you know? That's a good question. But I don't think Donald Trump is capable of making good history. So at the end of the day, bad history. It's not important to him whether he makes good history. Right. It's only a matter of distraction. You distract from other problems like the Mueller problem and so many other things. And so this was a great distraction. It took all our attention, sucked all the oxygen for a few weeks. And now it's history in the sense that nobody thinks about it anymore. Yeah. Well, I think there would be two positive things that will come out of this, Jay. And one is, if you really think about it, there is the issue of family reunification. And families for the last 50, 60 years have been separated. And only maybe now that there may be an opening of doors to let people unify with one another. I believe it when I see it. Likewise is all the promise of economic assistance and opening trade doors and making regular normalizing relations with North Korea for us and others. But I'll see that when I believe it too, because at the end of the day, I don't think Trump is going to mind. He still treats him in his heart and his mind. He still treats him as rocket man. What's interesting, though, is the real benefit or additional benefit for Kim Jong-un is that this helps him with other countries. Immediately after this deal, he took another trip to China. He's got a working relationship, an ongoing conversation with China now. That means something for him. He's in better shape with China, I think, than he was before. Well, good luck ever going back to sanctions. Good luck with that. Good luck with that. Yeah, it's not going to happen. So no matter what happens out of this deal, trying to open that door and get everyone on one side, on the same page, about sanctions, isn't going to happen easily, if at all. Yeah, I think we've seen it as good as it's going to get. All the hugging and nice statements, that's over because it's no longer necessary. And what's necessary now is they should play it out. And the likelihood is that the way this unfolds going forward is they have an argument and somebody tears up the deal. And my guess is that Trump is going to provoke the argument. Well, Kim Jong-un is doing some overtures, what I would call overtures. And the other one was the possibility of bringing back the MIAs from the Korean conflict. There was over 5,000 GIs killed in North Korea. And from 1996 to 2005, there are three recoveries which represented 229 veterans brought back in a box. So you have a lot of veterans that are on North Korean soil. And there may be the hope and promise that those bones will be returned back to the United States for internment possible. Is it 70 years ago? Yeah. How often have you thought about the unmarked, unknown soldiers of the Korean War? Well, it's an important fact for the ancestors of that great grandfather. It's an important thing. It's an important thing. In a larger sense. From a veteran standpoint. I think it falls to the bottom of the... Oh, I agree. Like I said, a small overture. Maybe some emotional overtones, but not much more. Yeah. Okay. Well, let's see what happens. But right now, I think the message is, if I was going to make a message about the sea change, sea change is the reality is setting in. And the reality is there's no deal of consequence. The reality is nobody is going to implement anything. The reality is that soon enough we'll have an argument where they'll justify and distract us with sort of undermining the deal they said they made. But we'll see. Let me ask you this. Do you think, particularly here in Hawaii and Guam, and do you think there was a sigh of relief that this summit took place? I think there was a sigh of relief around the world. Oh, there's not going to be a war with North Korea. They're going to stand down their intercontinental ballistic missiles. I'm sure everybody felt relieved. And I feel relieved now about it.  That's comforting when they say that. Yes, it is. You know, I mean, and there were times, you know, post the middle January false alarm, where I think people did think that it was a logical possibility. And more and more, a 60-minute show just a couple of weeks ago indicating that they had some between 30 and 60 active nuclear bombs, you know, it's pretty threatening. But now, knock wood, knock wood, they're not going to use the saying, they're not going to use them. And in fact, they're saying that they're going to stand down the whole nuclear effort. Let's see what happens. See what happens. Yeah, I agree. But I think it's very interesting to see how nothing has happened. You don't even hear about it. It's not on Trump's schematic right now. So what's the second topic? The second topic is immigration, one of my favorite things. Yeah, tough one. Tough one to watch, tough one to listen to the audios. You know, there was bad optics all the way around. I don't know what was to be accomplished by the methodology of this pretty hard zero tolerance policy, but there it was for all us to see. And I keep thinking, how low can we go? I mean, particularly to the world watching us, how low can we go? And that floor doesn't seem to have a floor. Just we keep sinking lower and lower what people expect of the United States, that shining city on the hill. I don't see that right now. And I'm hoping it comes back, but during the implementation of these kind of policies, I just don't see that shining city on the hill. Well, is this the real United States or is this the false United States? I mean, that question ends up for grabs right now. They elected him. A lot of people still support him. He doubles down. They double down. He doubles down on child incarceration. They double down on child incarceration. I mean, everybody I know thinks it's travesty and cruel and inhumane and immoral and all that. Well, what's the fact?  They made this happen. That's really, you know, poppycock. He made it happen by himself. I don't think he, you know, he compared notes with Congress about it by himself. All right. So now we have this, you know, reversal of the policy, which he does in the stroke of a pen, but is the policy really reversed? You know, this is all for public consumption. It's all a distraction. Is the policy reversed? Well, if it's a distraction, it was one horrific distraction and the optics were terrible. In fact, I'm sure that call from President Trump's office, the Oval Office to Jeff Sessions, our Attorney General, that must have been a heck of a conversation because when this was being implemented by the Justice Department, and if I can read a quote here from Jeff Sessions, I mean, our Attorney General, the Attorney General of the United States, Jeff Sessions, to rationalize this policy, this zero tolerance policy, he didn't talk about the merits of law. He didn't talk about history of this because it's never been done. He didn't talk about any of that. What he did to rationalize it was to cite biblical passages. And he said, and I quote, I would cite you to the Apostle Paul and his clear and wise command in Romans 13 to obey the laws of the government because God has ordained the government for his purposes. Wow. Wow. Wow. That's really even more wow since it wasn't the laws of the government. He was making that up. Yeah. And he was, it was catering to some evangelical crowd out there who believes that stuff. And let's remind everybody that really Romans 13 was used back in the 1850s and the 1860s to rationalize the institution of slavery. This argument was used against the abolitionists to say, slavery is the law of God. Romans 13, Apostle Paul. That's what you get from Jeff Sessions, our Attorney General. I hate to say it. I was dumbfounded when this was, you know, this was his primary way to kind of put this in place. Yeah. I've always had a problem with Jeff Sessions. I mean, I think he's a racist, but it goes beyond that. He lied in his time of confirmation hearing about his involvement with the Russian affair. And when all that was done, when he got caught at it, he said, oh, yeah, oh, I lied. So I'm going to recuse myself from, you know, any participation in the Russian affair. That doesn't solve the problem. His confirmation as Attorney General of the United States was based on a material lie. So, you know, is the confirmation good? Probably not. But he avoided that and Trump avoided it. The fact is he shouldn't be Attorney General. Here's what I don't understand though. This is what kind of perplexes me, is that we know that as a campaign box that he stood on, the first thing he addressed was immigration, illegal immigration from the southern borders. And he got a lot of bang for the buck on that. And that's what they call his base. But here's what doesn't make sense is a lot of polling, the Gallup poll just recently. Democrats, 85% think that immigration is a good thing. And it doesn't say, you know, undocumented immigration. It says immigration. 65% of Republicans think it's a good idea. So now, I guess what I don't understand is if a majority of Republicans and Democrats think that immigration is good for the country, how is he getting these sort of followers and his poll numbers on immigration? It's a good question. I mean, there are people out there, I guess, who agree with him. But it's awful. You know, I went to Australia not too long ago and found that they had opened the doors. And you know that Singapore is an example of opening the doors. Singapore believes that a country with immigrants is a healthier country economically. And so they invite them in. They manage them. You've got to do that. But they invite them in. They want more immigrants. Australia wants more immigrants. A lot of countries in Europe happy to take the migrants. You know, Germany, of course there's a dispute in Germany about it in Scandinavia. They're happy to take the migrants. And what I think is interesting is that we're not, oh, in Canada, Trudeau, Canada is deeply ingrained in Canada. We need people. We believe that people are the way to a better economy. We invite them in. And Canada has a huge diversity. And it's a great country for that reason. Why can't we do this? Why can't we see this? Well, Canada stuck up to the plate when it came to the Syrian refugees. I mean, we're citing conflicts in Nicaragua, Honduras, El Salvador. That is the impetus for all this humanity, this wave of humanity that's trying to apply for legal asylum. Yet when it came to bringing those seeking asylum from Syria, we said no. Asylum is the law. It is the law. So it's really remarkable that he says, no, no, we have to follow the law. But if he would follow the law, they would welcome them in. I'm going to do away with due process. Yeah, that's the other thing. Due process. We're going to do away with due process. This is scary. It sounds like Germany in the 30s.  He's looking for scapegoats. And the first two subjects we talked about, North Korea, great scapegoat, immigrants, great scapegoat. That sounds like the 30s. And the reality is, first they came for the North Koreans, then they came for the immigrants. And soon enough, they come for us. Let's take a short break. Hold my head in my hands for a minute. I'm Dave Stevens, host of the Cyber Underground. This is where we discuss everything that relates to computers.  So come join us every week here on thinktecawaii.com 1 p.m. on Friday afternoons. And then you can go see all our episodes on YouTube. Just look up the Cyber Underground on YouTube. All our shows will show up. And please follow us. We're always giving you current, relevant information to protect you. Keeping you safe. Follow us. Are you tired of sleepwalking through life? Are you dreaming of a healthier, wealthier, happier you? You're not alone. And that's why thousands of people tune in each week to watch RB Kelly on Out of the Comfort Zone Tuesdays at 1 p.m. Make a change, get the help you need, and stop sucking at life. Hello, it's 1 p.m. on a Tuesday afternoon, and I'm your host, RB Kelly. Welcome to Out of the Comfort Zone. Hold my head in my hands. I don't feel better, though. And Tim, you had one more comment about the demonstration and the immigrants. I do. And that is the optics, the optics that have been observed. I mean, all I could say is when the First Lady showed the concern and wanted to spend the energy and fly to one of these encampments where the children were being detained, and the whole idea is to say, we care. I care about these children. I don't understand the jacket she wore for $39 that says, I don't care. Typhon, do you? I'm trying to look at the optics on this. Options, options. She knew what it said. And her staff knew what it said. And maybe Donald Trump knew what it said. And they were trying to scramble things, keep us guessing and jumping and wondering and distracted. What's going on here anyway? Trying to make sense of it. I think that's part of it. Is the public relations bad looks good? I mean, is that the goal of the public relations? Keeping dancing, keeping jumping, keeping guessing. That's one possibility. Because if that's one possibility, I could actually understand that. But I don't understand. The other possibility is that she didn't know her elbow from a hole in the ground. And she didn't notice that it said this. And she thought it was high fashion or something. So she decided to wear it anyway. But the context. The context. The context. Does she belong down there looking at kids in jail? Could she do anything good about it? Didn't she make any statement whatsoever? And if she was going to make a statement, why make a statement, I don't care. I don't think she does care. I'm not sure why she... Are you saying this is a Mariana Antoinette moment, let them eat cake? Something exactly like that. Yeah. Ooh, let them eat cake. We've heard it before. Part of another jackass administration. You call it the French Revolution. Okay, let's go to the next one. I'm talking about Kilauea. I'm talking about the eruption. We're talking about what sense to make of this. So all these people are homeless, losing hundreds of millions of dollars of homes. Where are we on this? And the world is watching and then saying, gee, what a terrible thing. And even Trump gave money with FEMA to rebuild or help people rebuild their homes. But I suppose disasters happen. Natural disasters happen. And I would offer you the thought they will continue to happen, and they'll be worse in the time of climate change and sea level rise. But was this unpredictable? It was predictable, completely predictable. I hate to say it, but this issue pertains to permitting of homes in areas of forest where it's tender dry. There's no fire hydrants. There's no access to some of these homes that have been permitted to be built. It's no different than allowing house to be built on sensitive geotech soils that are prone to erosion. Who would issue permits at the base of a volcano? I don't understand. Yeah, it's so interesting. Three things happen here. Number one is permits were issued. You can't build a house in Hawaii without a permit, although I'm sure there's people in the backwoods that do something like that. Second is insurance. You can't go too far with your house unless you buy insurance. Or a mortgage. You can't get a mortgage without insurance. No mortgagee is going to give you a mortgage. And so there was some statute. I heard this on HPR last week. There was some statute that was adopted by our legislature in its wisdom in the 90s, which required the insurance companies to give mortgages for properties like this, even though they might not otherwise do that. And they did. It was the law. They did give mortgages. I'm sorry, they did give insurance. And the insurance was much more expensive. Well, Lloyds of London will insure anything. I guess so. It was like that. It's going to be a Lloyds of London type policy. But they were required to. Otherwise, they might not have done that. And when the insurance was available, then the mortgagee would come and give a mortgage, and thus you had a community of hundreds of homes up there. Was this a wise idea on the part of the legislature? Well, I know the other flip side of this argument is, and that is if you own this property and we're city government, we're county government, we're state government, to what point do we are taking the task in the court system to say we're prohibiting the development of someone's property rights. So it's property rights versus foolhardy permitting. It's lobbying too, don't you think, of course. You have developers and builders and unions, and they want to develop these homes. It means a lot of money will flow through the system. So they say to the ledge, you got to help us out on this. You got to have homes here. You want housing, don't you? We have a housing crisis. Housing crisis, we need housing. It doesn't matter if in 10 years or 20 years or some period of time, we don't know when the whole thing is going to collapse, which it did. So I think there's a real issue with that at the intersection. Well, I just see a lot of pain and despair, probably unnecessarily so. Again, it's not just a house. These are people's homes. This is their neighborhoods. This is where their kids were raised. This is where they continue to play soccer and baseball. And it's a tragedy. It really is. It's very sad. And I would just question before you do a community planning, keep the lobbyist at bay and use common sense permitting. So right. That's the message. That's the most important takeaway here. You know, I remember riding my bike in the 70s around the big island all the time. And going down there in the Puna area where this happened, you know, it was desolate. And all you saw was old lava. And you said to yourself, and then they started having these subdivisions. I said, really, is this going to work? Or is this going to be even as a kid, you knew? Even as a kid, I mean, riding bicycle in the area. But anyway, I mean, I think we have to learn from this on a macro level, on a governmental level. We have to do planning. We have to figure out how the environment is either friendly or unfriendly and focus on that. I mean, there's not enough planning going on. May I say hasn't been. This is a time when we want to really consider how we're going to plan developing the state and the future, especially about housing. Great. Yeah. I mean, you want to plan for $100 million condos. Now there's a plan. Just think about all the stuff. Just go down Kakaako at night time, take a look at the skyline and you'll see 60% of those units darkened. I mean, 4,700 units. The new Soho, if you will. But I don't know how that's all going to work out. Turn off. And then you're surprised that they're homeless. They're not in that league. They can't afford those really expensive condos. Middle class can't afford those condos. So we have another opportunity coming up in Kalihi. And if the developers have their way, they'll do the same thing they did in Kakaako. Big tall buildings, I wouldn't argue that. But vertical, those that are very expensive. Yeah. Yeah. I agree. We got a long way to go. Well, we got a plan. This is a time and maybe too late in some ways. Okay, let's move on to, oh, by the way, the homeless, just one point on the homeless. Gee, we don't have a lot of time left. I just want to say this to you, Tim. The homeless are a, they're a canary in the coal mine on the condition of the country, on the condition of the democracy, on its sensitivity to its citizens.  It's not mental illness. They got to be sick because they were under such economic and social pressure. So what we have in the growth of homeless around the country is an indication of how well the country is working socially, politically, economically. You're right. It's a canary. If you want to step in and fix that, you know, it's not a matter of a food kitchen. No. It's a matter of fixing what ails the country, so this doesn't happen. We got a long way to go on that kind of planning, too. Yeah. No, I couldn't agree with you more. It's, you know, it's livable wages. It's, it's a whole host of things. It's cost of land, the cost of occupancy. Government regulation of bureaucracies. You can build every, you know, square footage of land here and you're still going to have a shortage for homes. You're just going to have a shortage. And we got to do something. And then therefore you're going to have higher rents and higher prices. Put us in a room for a couple of days. We'll figure it out. Okay. Maybe at this table. Okay, last item, the Supreme Court. To some interest, it has struck a terrible blow against Hawaii because Hawaii was ordering things cheap without paying tax from the big box online sellers. Now that's going to change. And we're going to have to pay tax on everything we order in. If not immediately, then soon enough. And that's across the country. You think it was a good decision? Well, the Supreme Court looked at this in 1992. They said, no problem. Let the retailers sell without taxation. But at that point, only 2% had access to the internet. Today, we have 89% of our United States has access to the internet. So there is a huge chunk of change that's not being collected as revenue in every state. It's licking their chops. Yeah. And Hawaii, happily up to this point, has had tremendous benefit because things are expensive here because they, you know, the retailers with the big box, they're going to ship them in and pay to store them. And all of that is higher than it is anywhere else. So the result is the prices of what we buy in the stores, the retail stores are higher. I think it's moot point because what's our sales tax? Less than 5%, 4 point, what is it? 4.84%. So bottom line is they're still going to pay the sales tax. They're going to say, I can get it for less. I'm going to keep going on Amazon Prime because shipping will be free. And it's going to be business as usual. Will it help the state coffers? Sure. It will. It will. And I think the state can use a little help. Yeah. So the state will charge the tax. And I think retailers or, you know, we have the loss of Kmart. We have the loss of Sears and Roebuck. I think retailers are really on the mat crying uncles saying we can't compete. So here's an opportunity for retail stores, brick and mortar stores to say, okay, this is a breath of some fresh air for us. Yeah. But the basic formula is still the same. It's not just a difference in tax. It's a difference in shipping it in, holding it, storing it. The difference in paying high rents, the difference in building and expensive building. None of that is included in this decision. Only thing is the sales tax, the use tax, whatever, you know, that would have the gross excise tax. Bottom line is I don't think it's going to change things in the larger sense and the sea change sense for Hawaii. I would agree. Have to pay that tax. I would agree. Yeah. Thank you, Tim. Gosh, this is great. Jake, thank you for allowing me on your ship. It's been a pleasure. Hey, watch out for the inaugural flight, the inaugural maiden voyage, wherever you want to call it. I appreciate it. We'll see you next time soon. You got it. Tim Appichella.


All right, everybody, how's it going? Lilo here from smartoptionseller.com. Welcome to another edition of our Saturday Synopsis. What do we do on Saturdays here? We look at the charts, we look at indexes, we look at individual stocks, we look at moving averages, we look at technical indicators. We look at support and resistance levels and we look for chart patterns. This is my way of showing you all what I've been doing for the last 30 years and how I make trades and what I base my trades on. This is all about technical analysis. I look at the charts and the charts tell me when it's time to get in and or out of a trade. This is what I do and I make these videos to try to help you become a better trader yourself. If you're looking for a way to figure out, hey, when should I get into a trade or when should I get out of a trade or how do I know when a balance is for real or when the next bear market is going to happen? Well, for me, it's all about looking at the charts. And why is that? It's because all, I believe, in my opinion, all the information that is available about a specific company, all that underlying data, the earnings, the sales, revenue, dividends, PE ratios, all that stuff, sure, you can look at, but it all gets factored into the price of the stock. And the price of that stock moves in a certain direction and the way to tell which way the stock is going is by looking at a stock chart and looking at the history of the stock and seeing where it's headed and how it bounces off of certain areas and where the support and resistance lies. And the charts tells me everything I need to know. So it helps me to decide when or what stock to get in and when to get into that stock. And so what I try to do here on these Saturday videos is show you what I see on the charts and try to help you understand why technical analysis, in my opinion, is a really good way to help you figure out when is a good time to get in or out of the trade. So let's just jump in and do what we typically do. We always look at the general market as a whole and as represented by the S&P 500. 500 stocks, I believe it's the broader measure of the market as a whole. And we look at the SPY, which is the exchange traded fund for the S&P 500. It's very liquid, trades just like a stock, lots of volume. So it really gives you a good idea which way the market as a whole is headed, okay?  And I'm a daily chart guy, look at daily bar charts. And what does that mean? Well, each vertical line here on the chart is one day's worth of trading. And I can see about two years worth of trading on my screen here. And I'm very simple, I only use a few technical indicators and I show this every week because we got new people watching these videos every week. And for those of you who do watch me all the time, I know it's a little repetitive, but I like to make sure everyone understands what we're doing, especially for the new people. So on the charts, I have three moving averages. I have a 20 day moving average, a 50 day moving average and a 200 day moving average. These are all simple moving averages. Down here is the RSI indicator. It is an overbought, oversold indicator. I use the 80 level and the 20 level to help me decide when a stock is overbought or oversold or getting into overbought or oversold levels. And that helps me gauge where a bounce may happen or where a pullback may happen up in here in the price action. And those are really the only indicators that I use. Over the 30 years I've tried lots of different indicators and these are the ones that have helped me the most. You are more than welcome to try any other indicator you'd like, Bollinger bands, Fibonacci numbers. You can even use candlesticks. Candlesticks is another way of looking at the movement. These are, this is the open, high, low close bars. I can change this to candlesticks. Candlesticks shows you with a green and red representation of where and how a majority of the move of that specific day occurred. Some people like candlesticks. I don't use candlesticks. Doesn't mean that it's wrong or right. It's just what I've been using. So what I really like to see on a chart is, and most of the time we're bullish at the smart option seller, we look for bullish trades. So we're always looking for stocks with nice upward momentum that are pulling back to a support area and ready to go into their next leg higher. And I say this every week. I say that most stocks move on momentum and they trend in the same direction until something comes along and moves it in a different direction. And an event like that is typically an earnings announcement or some kind of FDA or government announcement or some other kind of geopolitical event that just comes out of the blue that no one can prepare for just like the pandemic. But so in between earnings, which are every three months, most stocks will continue on in a trajectory where it has been trading in. And so we like to concentrate most of our trades in between those earnings announcements, about three months.  But we like to see a nice upwards momentum market and all these patterns that you see here, these lines, these are things that I've drawn in the past to help me figure out which way the stock or index is moving. Now, this is the S&P 500, this blue line along here and this blue line along here is a channel. This is something that I've drawn. I can remove these so you can see what it looks like without that. Right here was another channel, was a downtrending channel. So we can remove these and I can show you what a chart looks like and I can take this off. These have been on for a long period of time. So I have these other, this is a W pattern, triangle wedge patterns, but you can see the S&P 500 has had this nice move higher. And a way that you can help yourself is by drawing these trend lines where you can connect the bottoms of certain days and you can connect the tops and you can create this pattern. Now this is what's called a channel and the S&P 500 has been bouncing along in this channel where when it comes down to the bottom of the channel it typically bounces when it gets to the top, it typically drops, but it's still in a nice upwards drive. Okay, even though it's bouncing off the bottom, it's still moving higher along its way. Now, on September 1st, we entered into this short downtrending channel mostly due to seasonal factors. I've been talking about this in the prior videos. September, August, September, part of October typically bearish for the market, it's just seasonal. And then November, December, very bullish. As you can see, the market was in a nice uptrend, got into this little downtrend and then it just, it made its blast out and it's continuing to move higher. I'm bullish, I've been bullish, been saying that in these videos every week, bullish through the end of the year. There's really nothing to hold the market back. Yes, we have these inflation numbers, the supply constraints, but the market doesn't seem to care too much about that because we're always looking into the future. The market looks into the future. Earnings announcements have been pretty good. Companies are still making money. Maybe they're making a little less due to the pandemic, due to the supply constraints, but their forward guidance is still pretty good. They're looking optimistic into the future and that's what the stock market does. It always looks forward, always optimistic. And remember, the stock market is made up of actual companies that have actual profits and if those profits are growing every quarter, the stock price has to follow it along. So we're bullish into the end of the year and what we try to do is figure out when we wanna get into a trade, we look at the chart, we wanna see a stock that's moving upwards or if it has a pullback, we wanna see if it's ready to bounce at some point. Now, this is where we were last Saturday right around here. Stock market was making all-time new highs. I had mentioned last Saturday that this was a pretty powerful move in the last couple of weeks. There could be, although I'm still bullish, we probably needed to see a little bit of a pullback. Some kind of healthy profit-taking slowdown in this massive quick move higher. That's the way the market moves. When you get these quick up moves, the down moves can sometimes be sharp and violent. We don't like that, but a nice controlled down move is well-needed and healthy for the market and this is what happened this week. We had this little bit of a pullback Monday, Tuesday, Wednesday, right here, pulled back from all-time highs and yesterday, Friday, today is Saturday, November 13th, I don't know if I mentioned that earlier on, but yesterday, Friday, November 12th, we had a good update in the market. So we pulled back a little. Now, I don't know, this could be the end of the pullback. Typically, I was waiting to see if it could pull back to at least the 20-day moving average, which is the blue line right here. We may not get that pullback. It may just continue on higher from here until the end of the year. So for those of you that were waiting for a pullback to get in, to get long, this may have been the pullback. This is all we got. Next week, we will see where it wants to go, but into the end of the year, I'm very bullish. I would have liked to have seen a little bit more of a pullback this week, but the bulls are strong and these three days is maybe all that we got. So we'll see. So that's the S&P 500. We got a nice little pullback in the RSI, so it came off some of these more overbought levels, came down a little bit, but it may start to travel up again. So we'll see. Let's take a look at the NASDAQ, which we look at the triple cues to give us an idea of how the NASDAQ is doing. As you can see, it's been moving higher just like the S&P 500, and I have these triangle patterns drawn, these wedges, resistance areas, channels. So all these things to help me figure out when the next move may occur. When you have this kind of ascending flat top triangle here, you can see it's got an upward slant and it was finding resistance here, couldn't break out until it finally broke out. This is more of a bullish pattern and when it breaks out, it will continue on. Then we get this symmetrical triangle where the ranges get tighter and tighter and tighter and it's building up all the energy for the next move higher, for the next move I should say, it could blast lower or it could blast higher. Typically it'll keep moving in the same direction from where it came. So it blasted higher, had the resistance here, came down, came back up, finally blasted through it, had the downtrending channel in September and now we're back off to the races. So over the long run, the market continues to go higher. That's just how the market works. You got companies that are doing well, creating profits, selling products. Over time, you can't hold the market back.  Now the pandemic was very rare. It was quick, violent, but it recovered very quickly. So even in the face of a pandemic like that and we have conflicts overseas and we had the 2008, 2009 meltdowns, we can look back here. Here's 2008, 2009. It looks very small compared to where we are now, but that came back pretty quickly and look where we are now. Now I know the central governments around the world, the central banks around the world have all held interest rates really low. That's been part of what's helping the market go up, but still stock companies are still creating profits or having profits from the products they make. So the stock price has to follow. Stock market's been the greatest wealth generator for the last 100, 200 years. You gotta be involved. And so we're always looking for bullish action and waiting for these pullbacks to get into the next leg higher. And that's what we do. So that's the NASDAQ, that's the S&P 500. I'm bullish until the end of the year. This may be the little bit of a pullback that we get and the next leg higher may just keep going until the end of the year. So that's what I'm seeing. Let's take a look at the Dow Jones and we can look at the Diamonds, the DIA. This is the exchange traded fund that tracks the Dow Jones. All-time new highs made last week as well. Had the little pullback, this one pulled back a little closer to the 20-day moving average here, the blue line right here. So eventually I think it's gonna follow the other two markets and it's just gonna keep moving higher. The Dow traded over 36,000 for the first time. Recently, last week, and things are looking good. I mean, there's really nothing to stop this market in the long run. Temporarily, yeah, we may have a pullback or two, but we have to look at that as more of a buying opportunity. Okay, so let's take a quick look at some individual stocks as we do every week, see what they've been doing, see what we can glean and see where some of these stocks may be headed in the future. We typically end up looking at most of the same stocks over time because these are the popular, very liquid, highly traded, lots of volume stocks. And we can just use those as examples with the patterns that they make. Well, let's take a look at Tesla first because that one's got a lot of action, had a lot of action. We've been talking about Tesla. Tesla was in this uptrending channel and just started to blast higher. In the last two weeks or so I've been saying at some point Tesla is going to pull back. It has to drop at some point. The RSI was just massively, massively overbought and gravity takes over at some point and stocks cannot keep going up vertically like this forever. There's a point where it has to come down and the down moves are pretty violent. So you can see just this past week, Tesla lost about $250 a year. That's a big move in just a couple of days for Tesla. I mean, it went up and it's given some of it back. And Tesla finished just below the 220 day moving average here. I mean, this was nice. We shook off a lot of the froth, a lot of the bullishness, the overboughtness, shook off, now we're back into the 50 level here. Right in the middle of the range, that's good. So we may find some equilibrium here for Tesla. Got out, we knocked off $250 of the share price. So maybe it'll consolidate here and get ready for the next leg higher. Not sure if it'll come down to the 50 day moving average here or come back down to the uptrending channel line. That'd be another, about another $200 more dollars. That'd be a pretty big move. Could happen, but my guess is that Tesla's probably gonna consolidate around the $1,000 level probably get its bearings again before it's next leg higher. Part of the move down might have been Elon Musk talking about selling some of his shares, which I think he did this past week. He's gotta take out some money. At some point you gotta take some money out of the market. It says he's got a big tax bill, he's gotta pay. So maybe he does. But anyway, this was a good move. This was a good move down. If you had bought up here, I mean, it's unfortunate, but you need to be aware. That's why looking at the charts can help you. If you saw this massive overbought area, you shouldn't have been buying up here. You wait for the pullback, wait for the froth to get taken out in the RSI back to more normal levels. That's why I think we'll probably consolidate here before the next leg higher. So that's Tesla. Let's take a look at Apple. Apple's still kind of meandering. I've been saying Apple's chart is very ugly.  It would be nice if it was had that nice, slow uptrending move like the S&P 500, but Apple's had these pretty wild swings. So where are we now with Apple? Right around $150 a share right here. What I like this week is that it's finding support right on the 50-day moving average, which is, you know, this is the 50-day moving average, this line right here. So it's finding support right here. And it looks like it can't pop through down through it. So I think it's gonna find the support here and then continue on its journey higher into the end of the year. That's what I'm thinking for Apple. In our smart options seller, we have one of our newsletters, our spread newsletter. We sell put option spreads. These are bullish trades. Got into a trade on Apple last week. And, you know, even if a stock trade sideways, that's good for us. Like to see it move up. But I think Apple is consolidating here and getting ready for the next move higher. So that's Apple. Let's take a look at Amazon. Another major player for sure. Amazon's been in this channel for very, very long time since last, you know, July, August, 2020, in this range from about $2,900 up to $36, $3,700. Yes, that is a large range for sure, but it's been contained. And it just can't seem to blast outwards and up out of the resistance for more than, I mean, it did here. This was a false signal. I mean, technical analysis, fundamental analysis, it's not a guarantee. It's not 100% that it's gonna work every single time. But by using technical analysis, you can find these higher probability setups. That's what you're looking for when you're looking at charts is for higher probability setups. If you don't look at charts, you have no idea where stock is in the midst of its downtrend or uptrend. You don't know whether your timing is right or could be better if you haven't looked at a chart. That's why we look at the charts to help time our entry and exits a little bit better. But Amazon's still kind of stuck in this channel. You know, until we really get to see this thing blast higher, I have no say in Amazon right now. There's really nothing that's compelling me to get into an Amazon trade. Let's take a look at AMD. The chip sector has been doing, well, certain stocks I should say, has been doing very well. AMD and we'll look at Nvidia, but this has just been a power move higher. This is, when I talk about a vertical move higher, this is almost as vertical as you can get. And that means it's just going straight up in the air. And I'm surprised that it wasn't in the overbought area longer than it was. Had a little blip higher, came back a little. AMD had a little bit of a pullback, but I don't know if we're gonna get any more of a pullback. I would have liked to seen it pullback to at least this 20 day moving average. But AMD's strong. Let's look at Nvidia real quick because it's in the same sector. Same thing with Nvidia. Had this like vertical move higher, was in overbought, had a little bit of pullback. Now, this is what could be ramping up to be what's called a bull flag. A bull flag is a very bullish pattern. Let me draw it out for you. So what you do is you have the long one day bar like this, and let me edit this a little bit so you can see it better. And widen it out a little bit, okay? So that's the flagpole. That's what's called the flagpole. And then you have the pennant part, which is the actual flag. Let me make this a little wider as well. One more there. And then we'll do the bottom. You've got the other part of the pennant. Edit this thing. Little manual labor. Never heard anybody. All right, so here's what we got. This is what's called a bull flag. You've got the long flagpole, the little bit of a down trending flag part here. And the next move outside of the flag should be to the upside. If you do your Google search on chart patterns and you look up a bull flag pennant or bull flag pattern, you'll see something that looks like this. Kind of looks like an F a little bit. And typically once it's done trading in the little, within the pennant here, it should pop up to the upside because it came from down below. It's still in a bullish move, consolidating and getting ready for the next leg higher. So keep an eye on AMD. I mean, for NVIDIA, for the bull flag. Let's see if AMD is making any kind of bull flag like that. You know, it's not as pronounced as NVIDIA, but it had the long move up. Yeah, it's not as pronounced as NVIDIA, but it could track NVIDIA's movement if NVIDIA starts to go up. If they all, they may all start to go up in tandem. Now Intel, same sector, but Intel hasn't been doing that good. I've been saying for the last few years, I like AMD a lot better than Intel. Intel's just been kind of caught in this downtrend. It had the earnings drop here, big gap here. Came back a little bit, but it's this past week was another down move. So Intel, I'm not so gung-ho on. I'd rather play AMD, but AMD's still a little bit too rich for me at the moment. You know, I would have liked to see a little more pullback. It may not happen. I may not even get an opportunity to get into AMD, but you know, I watched the charts. It was well oversold. I would have liked to see a little bit more pullback here. So maybe we'll get that next week, or maybe not, we'll see. What other stocks do we have? Let's take a look at Disney because we had been looking at Disney before earnings came out. So let's move this back here. So before earnings came out, we had been talking about Disney had this support like right around $169, $170. It'd been trying to, all the sellers have been trying to get it through this $170 level. Just couldn't do it. And then earnings came out this week the other day and now we got the gap lower. So here's Thursday and Friday trading this week. So it dropped below this long-term support and now it's trading down here. What's Disney's next move? Well, it'll probably consolidate down here a little bit before people realize, you know what? Maybe $160 a share is good value for Disney. We'll start to buy it back up. But until then, I'm not sure I've got anything to do on Disney. I may look at some downside put options down here see if they're worth selling. You know, we sell put options here as well, but we also wanna make sure we're selling them on good companies and companies that are almost ready to start to move back higher because they are bullish types of trades selling put options, all right? So that's what we see Disney. Keep an eye on Disney. Let's see what other stocks I have on the list here. The pharmaceuticals, I love the sector. Eli Lilly, Bristol Myers came down. We had a trade on Bristol Myers not that long ago. We got into a trade on Merck. We sold some put options on Merck. Had the move higher after Merck came out with their COVID pill that's in the trials with the FDA here in the US. When Pfizer came out with their version of the pill that's when Merck dropped. We decided to get it in here on when it found support on the 20 day moving average. So we sold some puts when Merck was around here. And so it's hanging around there pretty good. I have a feeling that Merck will eventually start to move back higher. Let's take a quick look at Netflix because we got into a trade with Netflix this week. We sold a put spread on Netflix and let's take a quick run. So Netflix had been in this nice little uptrending channel and when it had pulled back to the support near the 20 day moving average and to the lower end of the channel, we said, okay, let's get in. So we sold a put spread a couple of days ago when it was right on the bottom edge of the channel here, the bottom edge of the channel. And look what Netflix did yesterday, Friday, November 12th. It went up $25 a share. Here's the net gain for the day where my mouse is up $25 a share. That's a big move for Netflix. So we caught the bottom at least for now on Netflix is a good timing for us. Went up $25 a share. So that helps our put spread, our bullish put spread. It's all about looking for patterns, looking for where the bounces may occur. Those are what I call the higher probability setups. That's what you wanna look for. To show you what I mean on the downside, not buying stocks when they're in a downtrend, Verizon. This is Verizon's cell phone carrier in a downtrend. I like Verizon because it's the largest wireless carrier in the US and it's dominant. But the stock chart is telling me it's not time to get in yet. I use this example all the time. You don't wanna buy a stock when it's in a downtrend. Why? Because it could continue in that downtrend.  You just never know, but it'll be frustrating for you to get into a bullish trade when it's still in a downtrend because most likely it's still going to move lower. And why spend your money on something that's gonna move lower? For me, I need to see Verizon trade in a clear uptrending pattern before I decide to get long Verizon. And I've been saying that's probably in this $54 to $55 range so it can, once it pops above this downtrending channel. I'm not buying it when it's down here. You can try to pick bottoms if you want.  It may work, it may not, it may keep going lower. But I like to see confirmed up moves before I get in. Yeah, I won't be able to buy the bottom but I'd rather wait for the confirmation where it should probably continue to go up and then I'll just be happier because my trade will work for me. Picking bottoms, you just never know. It could be very frustrating. Another stock, let me show you, this is Micron. So now Micron has been in this nice downtrending channel and it looks like in the last couple of days it may have made its move outside of the downtrending channel. So what you do is you can go back a few months, connect some of the tops and extend the line, okay? You can connect the bottom, so here's Micron's channel and look at what happened this week. Just the last couple of days, it's popped outside and above the downtrending channel. It's above the 20 day, above the 50 day moving average. I like Micron here. I think this could be the time or at least the area where I think if I can see it, you know, trade a little more sideways and start to get this, you know, this uptrending, a little bit more uptrend going outside of the line here, then I'd be more comfortable putting on a bullish trade on Micron. I like this, I've been watching it for a while and I think this could be it. This could be the move that gets it finally starting to move seriously back to the upside. So keep an eye on Micron. One other one, Clorox. We talk about Clorox a lot in here. You can see these channels that I drew from the pandemic, Clorox just went up and then last summer, July, 2020, it just started this long downtrend. Now it's been in this sideways channel. You know, maybe Clorox has found its bottom here, but I wouldn't touch this thing until it got above the resistance line and maybe above this downtrending 200 day moving average. So at least it has to get above 180 and stay above 180 for a while for me to decide, okay, Clorox is making that move outside of the downtrending channel. Any other stocks that we can look at here? Let's see, PayPal had, so there's some good down moves recently. PayPal had the gap lower this week. You see the air pocket here. So now PayPal's got a little oversold on the R side. What's gonna happen here? PayPal is gonna have to meander, try to carve out its bottom. That's what happens after a big move. It has to consolidate. People have to figure out what could be the next move. So it'll probably trade around here a little bit, maybe a little lower, but it'll start carving out a bottom here and then eventually it should probably start to move back higher. So keep an eye on PayPal. Is it time to get in yet? If you wanna try to pick a bottom here, I like to wait for a little more confirmation. Same thing that happened with Snap. We sold put options on Snap in the last week or so, had a huge gap, made this descending wedge pattern, which is typically bullish, was got oversold here and we had the divergence. Price action was going lower, but the RSI was moving up. That's usually a bullish divergence meeting and the price actions should start to go up. So we sold some put options there. What other stocks? Peloton was another one that got hit pretty hard. You can see these big down moves start to, they usually make the same pattern. You got a big gap lower. You have this long one day and then it starts to make the little ascending or descending pattern here wedge. RSI gets oversold. So eventually it consolidates, it finds the support and then eventually it should start to go back up. When do you get in? Like I said, you can try to pick a bottom, maybe buy a few shares before the actual confirmation, but you wanna see the stock starting to really make support and it's moved back higher before you wanna go full force into it. Okay, so we watch these.  So when a real stalwart quality stock has a big gap like this lower, we like to pounce and we like to sell put options not here but we sell put options strike prices way down here as well. So that's what we do. Let me take a quick look here, see if there's any other stocks of note. eBay was another stock that we got into. We sold put options on eBay a week or two ago. When did we do it? When it bounced right on the bottom of the uptrending channel right around here. I think that's when we got in and it's gone up. It's come back down a little bit but it's still in the upwards movement. So I like eBay here. I'm hoping that it's, you know, if it comes down a little bit more, hoping it'll bounce off the bottom leg and start to move up again. So these are the things we look at.  Obviously it came back down but it's still in the upwards momentum. Nothing's guaranteed, not 100%. That's why we like to sell put options out of the money, put options because it gives us a lot of room for error. If we're wrong in our directional assessment, selling put options way out of the money, which is what we do, gives us a lot of cushion for directional error. And that's a good thing. We like that. We're not trying to predict where stocks gonna go. We're more trying to predict where stock won't go. It's a different philosophy and that's why we sell out of the money, put options. All right, so that's really about it for the lesson today. Once again, let's take a look at the SPY. You know, I'm bullish. I'm bullish through the end of the year. I would have liked to see it a little bit more of a pullback. Maybe we'll get some more next week. Maybe not. I mean, I think the market just wants to keep going up from here. So we look for these patterns to develop. We look for the channels. We look for these W patterns. Look for the triangles. You can do that too. You get chartpatterns.com as a website. I like to tell some of my students about, shows you these patterns, show you what they mean, what to look for. It's all about looking at charts. I've looked at hundreds of thousands of charts over the last 30 years and I come to see the same patterns over and over again and it helps. It helps you make these higher probability trades. All right, so that's it for the chart analysis. I hope this has been helpful to you. Don't forget to leave me a comment in this YouTube video, please subscribe. You can hit that red subscribe button in the bottom right-hand corner of the video. Send me an email. I will always answer you. Let's go quickly to our website. SmartOptionsSeller.com, PutSellingBasics. We're all about selling put options here. Go to our website, click on the PutSellingBasics link right here. You'll come to our page and you put in your name and email address. Get our free guide. We'll send it to you. Learn all about PutSelling. If you wanna learn more about what we do and our paid services, you can have, we have two newsletters right here and our coaching sessions to help you get to that next level if you need a little help getting there. All right, so that's really about it for me today. I hope everyone has a great weekend and a great trading week ahead. This is Lee Lowell. I will see you next Saturday. Hopefully. Take care.


It's the breakfast and plus CV Africa time for of the press as always will take you through the pages of a national dailies And our focus would be on the big stories this morning We have Chris Cain doing one do who joins the conversation. It's good to have you join us Chris. Good morning Good morning. Thanks for having me and happy new months. Happy new month. Chris. Thank you so much We appreciate your time Let's start off with the Guardian newspaper This morning as we look at all the papers being made available by the paper vendor on The Guardian newspaper this morning a demo panel acts for time February 26th APC convention shaky One would be thinking that the all-progressive Congress should have your acts together Being the ruling party, but let's see how things unfold for the APC efforts to reconcile a grift chieftains Inclusive in conclusive. I beg your pardon. We will carefully study interim report of committee That's also another rider there National Assembly transmits reworked electoral bill to Burrari for assent INEC raises security concerns and vows to disqualify airing parties Away from that caption. You also have Balogun others with raw suits and postpone a bad on chieftains chieftain see declaration review Also on the Guardian newspaper this morning terrorists killed 12 and raised homes in Katsina and Just before we move away a matchy announcers Delay in real project as China suspense funding Customs immigration raises a lamb as revenue loss threatens 17 trillion narrow in the 2022 budget. That's it on the garden newspaper That's a birth with the punchy newspaper this morning and begin with the leading headline there still on the APC Convention like the Guardian had APC fabric convention and setting piece panel demands extension and with the following writers Petitions still being submitted. We need one week more says committee chair another rider APC registers 41 million members governor's rule governor rules out convention postponement So we go and see if that convention really hold can't wait for a guest thought on that at the top of a punchy Preparant the following headlines Malami to decide Electro Act bill Malami to decide Electro Act bill National Assembly transmits document to Buhari 243 firms jasso for CBN's multi billion Naira loan scheme Okorcha unveils presidential bid Nox zoning ex-governor charge with 2.9 billion Naira fraud as we called it a rollercoaster of a day for him yesterday Still with the punchy newspaper Senate projects three trillion narrow revenue for agencies customs faults finance bill National Assembly threatens sanctions against MDAs over secret lopsided recruitment National Assembly threatens sanctions against MDAs over secret lopsided Recruitments, let's go to the bottom of that front page 98 suspected political thugs arrested by soldiers in a kitty are rain. That's a quite a number 98 suspected political thugs those probing or pushing for polls without restructuring Political criminals Gani Adams is not spoken for a while those pushing for polls without restructuring our political animals he says Landowner returns unilogs lecturers six million Naira after a punch report alleged arsonists touch of Bassenger's 2.420 Hector Benwe farm gunman Rob beat firemen Wow, those are firemen who came to quench the fire.  Let's look at the leadership and on the leadership newspaper civil society Organizations stakeholders give President Muhammad the Buhari Seven days to sign electrobial. That's very bold and might just be dominating some of the papers this morning Say I neck needs legal framework to issue 2023 elections guideline and Legislature has done its part says the one Northern youths weren't governors and others You remember first as a courier saying that internal mechanism of you know, the umpire That's I neck would actually allow I neck to go ahead with the guidelines whether or not you have this bill being passed Except, you know, I didn't get him Nass gives revenue agencies three trillion Naira target for 2022 budget is just almost the same with the you know, the plan to spend three trillion Naira for Subsidy fuel subsidy. So I don't know what that means troops and please kill 28 terrorists and rescue 30 in Sokoto and Zamfara. That's what you find CBN funds 28 cores with 23.2 billion Naira under 100-400 policy and away from that Nigeria United Kingdom hold fast security dialogue Forex scarcity threats to Niger's short-term growth and just before we move away from the leadership newspaper APC reconciliation committee Submits interim report and acts for more time. So the issue of having the convention on 26th of February. It's quite Shaky has been described by the papers, but that's so much we can take on the leadership this morning let's Finally, we take the headlines from the Daily Trust Newspaper they call it the paper you can trust they have the leading headline nine with the kicker nine years after banks battle discos over 820 billion Naira debts the following writers employees decry salary backlog others neck to half owner manager regime sources little to show an increased electricity supply and Investors overpaid poorly managed discos experts. It's one I take personal, you know, and because of What I had suffered under the protocol electricity distribution company and yesterday I saw that there was a head does a story from Kalaba We're crossing variants. We're asking The government authorities do something about pH. It probably sees your license as was done in another distribution company in Nigeria. It's it's quite quite sad because Consumers are customers of these distribution companies are going through a lot At the top of the Daily Trust front page tariff dispute and h is brokers truce between our healthcare providers HMOs Bandit skill nine in Sakwato Kaduna Niger abduct 50 in Kitsina village really sad Senate gets three trillion Naira target for revenue agencies and Let's check out the story at the bottom of that front page. How I pu be killed herda shot Igbo man's 30 cows That's a sort of an irony How I pu be killed herda shot Igbo man's 30 cows My animals worth 30 million era Peter Oya door late herda spent 20 years working for Igbo's killing despicable Mieti Allah and Finally National Assembly transmits reworked Electro built a Buhari NMPC seeks energy transition investments targets low carbon Economy and APC chairmanship unity stability will be my bond senator Moser And that's the last paper we have. Let's get into the think of things With our guest Chris kind a and one who's a chartered mediator and consulate a miss a one good morning to you And thanks for joining us once again Good morning. Thanks for having me. All right Um, I describe you last time as a day travel as Nigerians, of course because of your name And so let's let's start with the the story on the on the killing of her heads man by allegedly by IPOB members and The the the discovery that those cows belong to an Igbo man. I mean, how does that work out? It's not unfortunate That's what will happen because I I don't know any reason why I poor allegedly does it seem within the ranks of aggregations Whether it was I put that actually did it not Let us even assume that it's I put members It's quite unfortunate Whether is a yes man from any part of the country or Igbo or our sourdough the killing of any person Is regrettable and is condemned in this totality They're moving for that you went to they went ahead to keep that the cows That is the life hold of somebody and they went ahead to keep it Let us even look at it from the point of the directive that allegedly came from them They gave a time frame put and on put as to when cows from other parts of the country Not be seen within the search as we got into that I think it's a preload you or something. I can't remember the so why Slaughtering those cows 30 cows, you know what that means? That's an investment by somebody practically people the economic Fortune of the person deep owner and the person came out to be an Igbo man like you So I would know the reason behind that and I think it's our time our secret agency step of their That's Ned to be able to measure that all those involved that Rested and brought to boom, but it's quite unfortunate And the soul of the header Restlessly from the report who said the guy has been living with them for about 20 years So it's particularly a part of that society's part of that community. So why would anybody want to go ahead? It's quite unfortunate where we find ourselves Ah This to me is becoming very unbecoming. There's any language like that but it comes a surprise to some people that Such cows could belong to an Igbo man in that that's irony I mean, how does that play out? Is this is this rare because the idea is that all these cows are from for full anime men You know people from the north and they're coming down south You know I'm from imo stage and if you go to a place like Koki great In imo stage you realize that That commit is noted for us and his calf setting of cows and be me and rest of them So there are ebos and other parts of Nigeria's who also getting up that they might not be not in the one term that you see with There are some ebos that are also into the art of selling cows and as I rightly said If you go to a kid with him, he must it's where I come from He must I'm from him. I know that within that regional for people. Yeah, a lot of Our second meeting is that already we go with ebos and he was getting probably in the And if you go to the a batua's in the people land all the butters are people people I've never seen an outside but I In the whole of the south is if you go to the market the people that send them as we call it in the south is Ibu's and they are the ones that also kick house. I've never seen an outside man killing cow in my feeling You know, but where I come from we go to the market.  So it's not only Not an answer who's got a record, but only that they are in the majority But other Nigerians also getting involved in the the business of them cow and the capital as it were Okay, so I'm Chris Kane day in one do let's also look at the leadership news for this morning the issue of the Electoral bill is still dominating the pages of our dailies and almost every day. We still have the conversation now Nars transmit the bill to the president civil society Organization and stakeholders giving the president seven days to sign the electoral bill Do you see, you know the bill being signed within the period of seven days and what happens if the bill is not signed in seven days? Well, everybody every 90 and every day have the rights to say Express their view Constantly any issue. So the sscs who's and stakeholders Mention have the right to say or Yes, that's how to make some bets What constitutional rights that have to give such a Automation is within the Constitution is there anywhere in the Constitution that President seven days To me that is not the light of light line of thought for now The fact is that we should get the president to sign that and ask do that as quickly as possible because I neck is It's waiting for that to be to the science so that they can start Preparing for the forthcoming election a lot of things is here within that constant that Bill electronic transmission of resort and so many other things. So it's not just about it Primaries that come to People have come to identify with that If there's so many other things and I think I've said that except that bill is signed that it may be difficult for us to Be to roll out these activities or plans for the 2023 election. Don't also forget that we have some Staggered election coming up in the next few weeks Months in a kitty and some other states. So The president should now have no reason not to sign because he gave specific instruction as to why he didn't say that That bill and I think that National Assembly have done it We're also reading that it has been sent to the president that also has the AGM When we're looking for that in the next few months, the president will give Nigerians any reason not to sign that because he has Done that in the past about two or three times those views we have passed even before the 2029 election I gave the reason that one of the reason gave was that it was too close to an election period Now we have over a year to go into the election. So you don't give any reason I'm looking forward that the next few days We were able to sign up on the bill so that we can start making preparation for the 2023 election All right Chris and just before you know, I hand you over to Kofi Let's also look at another very dicey issue here They accused that the civil society and stakeholders are making is the fact that INEG needs the legal framework so they can issue the guidelines for the 2023 elections and I remember some time on this platform. We had the We had Festus a Koei who is actually the commissioner of voter information or voter education Spokesperson and he said that the internal mechanisms are you know off the umpire could allow the You know the umpire to go ahead to issue this guidelines as well as falling back, you know to the previous act Yes, I've mentioned it if I just mentioned that was what I said I said that this act needs to be signed into law so that INEG can start preparation for the 2020 election I think that's how I talk to my students and I think that once that is done then INEG has no other option or reason not to go ahead with the Preparation for the 2020. You have to roll a timetable. They have to roll out good that it is that's going to be training Don't forget. They're also going to become this various conversion That's going on is part of the preparation towards the 2020 election So the political parties have to have a time frame as to when to go their conversion when to elect select their presidential candidates, governorship candidates and various So it's a very 2022. It's a very very short year already. We are in February The question here is without the president as sending to this bill can I next to go ahead with Issuing the guidelines for the elections. They are the ready It doesn't have that's not to say that I make must stop That's a bill that was in place. I make has his art. That's what is called a Electoral art or the and yes, which the I make has been operating even right from 1999 to 2015 to 20 So it doesn't have to wait for the president What is what he's saying that most of the modalities and some of the new innovation that you want to put into the which we have Future election already embedded and not work captured in those last act in the The art they're using that which is why they want the president, but if the president does not Refuse to sign it then what is it going to do does it mean that I and I could not conduct election There are two ways to reach if the president to refuse to sign it then the national assembly has the right to go by righty The president of that they have that right So all they need to do is to come together and give the president have a certain number of days to sign it That is what I was saying when I saw the report seven given the president seven days That is not the law the law says that once a bill Is passed to the president by the national assembly. There is a time frame. I can't remember the number of days now If that number of there thinks about 30 60 or I can't remember the number of days now If that this does this last Then the national assembly will record that bill and pass it which of the consent of president So Is neither here nor there if the president doesn't take override it and move on and it becomes not whether the president signs or not Mr. Mr. Wando, let's quickly before we move on to the next headline Stay with this for a while. Look at the the role of Uh abu waka malami In in all of this For some people they might be a bit apprehensive seeing the headline from the punch newspaper Malami to decide electoral act bill as national and surrey transmits document to buhari But but but it's not as bad as it seems because he actually gives what we call a legal opinion On the bill he did it With the first one that was transmitted to the president And he wrote a letter advising president buhari gained signing the electoral act because of the controversial Direct primaries clause. Um, so so so What what do you think of his role in all of this? Malami's role is that of Is what the president says is his legal opinion is that on the general refrigeration. He's his adversary The president doesn't have to take what malami says. There is nowhere in the book where the president must stay Uh, everything that is coming up from the office of the agl so, um, if he advises the president and give reason why certain's the process or session Within the past bill The president should answer to then the president Also to have to listen to him to his largest and but he does not He has no finance say on that the final question that can sign up on that Don't forget this. Malami is not the only person that addressing the president There are so many president have political advisors. He has other advisors who also are legal advisors Not just agl the presidency itself have legal advisors. So it's not just the agl. So the agl can only We cannot be waiting on the agl. He will do his role. He plays his role And don't forget that your largest and the agl is also a politician That is why we have always said that should be a distinction between the office of the attorney general of the federation and And the minister of justice Then we have said that that those two offices should be separated so that one will be manned by a strictly A politician as the case may be then the other my professional when you merge you two together Politicians coming to the The agl has never or the agl have never even been members of the ruling political parties And that at times most of the advice they give They have to tie to towards the point their political parties That they belong to so but his as I said is going to be advisory He will go to advise the president or need but the president doesn't have to wait for the agl Or take everything that agl is able to sign you know not interesting We hear this time according to the point chiefs are still with that headline Um that their sources are telling them they are saying their sources are telling them that the president May also consult the Nigerian communications commission as regards to the issue of electronic transmission of votes Are we not past that that point at this time? We have passed that point and I hope that you don't go to be another way of delaying the signing We don't forget that why is he consulting the ncc again? ncc we are part of those that We are part of in the course of The bill where the bill was taken before the national assembly Uh, we went to the committee stage and stakeholders that all stakeholders came to make their imputes and ncc was one of the stakeholders and they made their input and they gave reason Why they think that that should fly Initially, don't forget that that was a time It was a people it was trying to say oh no there are certain areas that cannot be covered and rest of them And after sometime they came back and said no we can do this This electronic transmission Of result is not as technical As some people make it to believe it's just like your normal sms. You can say sms or wherever I were from wherever you are any part of this country, so I think we've gone past that and ncc have given his own Has given his own Made his own recommendation when it comes to that and as far as I'm concerned. I think it's from beyond that president doesn't need to consult ncc or wherever again What he was specific in what he wanted And they what he stated in the last number he gave reasons about three or four reasons why If they added that the portion of that bill should not be it cannot sign it the area of Primaries of the political parties and what's the point that he has no reason not to sign that into writing Okay, just as we quickly coasted down this morning on the paper review Let's quickly share your thoughts on this one.  Who goes uh, uh, burrowing go and begging so We went burrowing there. We are within the Within the space of any country that we said or any organization Not to give us again. Oh, well, I wouldn't I don't know the reason. I've not read a student I don't know the reason given by the minister Uh for the suspension of beds. I believe that there always been a bilateral agreement on issues like that Is a contract as we say in law a contract is a contract Uh, and if it's a valid contract, uh, so we say in law is uh, science See than the nibba as was a concern. So that is uh, that is a valid contract in law So you have an agreement and there's a valid contract signed with china as issue relating to those issue of Those funds then china has not shown that to accept there within the clause There are certain things that in this case they've seen that because wanting to sign a contract But if you bridge that contract then I as a person at a party to that contract have a right To renege on the contract. So if there's something else that they feel that may they have reneged on And based on that they are not releasing the necessary one that's supposed to be then But the concern is should we be as a country boring to you know finance critical infrastructure I mean, let's just even not even go by that particular story now Should we be boring to finance critical infrastructure such as uh, you know the real project? There's no country in the world that doesn't borrow United States of America borrow United Kingdom borrow Russia borrow Germany borrow All the world countries of the world South Africa as good as the economy Borrow money, but what our own problem my problem with that is that we will challenge those Money that we borrow into the right projects that we're used to and that has always been Most often than not to borrow and share the money or the imbeciles and the rest of them That's not around one is to borrow another thing is also to challenge is because when you borrow for capital projects They invest in that capital is supposed to be re yield back the funds for you to pay back That is how it is That is the difference between Nigeria and other countries that could they borrow go and see what Rwanda is doing Go and see the level of infrastructure in Rwanda. Yes, they brought to be able to obey You see that was what most of the infrastructures You did yield dividends and be able to be able to pay back go to Ghana also So but our only is that we say we are borrowing we are borrowing at the end of it If you don't book no businessman even than good thing is the richest man in Africa Mr. I would tell you that down good thing grows money Can could they cannot run his company that worry? There's no company that wrong with that worry The fact is that the money you are borrowing are you utilizing it for it? But it does not necessarily mean that you must rely 100 percent on burying You also have the work the 19 income We say crude oil Are we not making money from our crude oil? We're also talking about the sensitive other sectors of the economy mining agriculture and so many other sectors Where we think we can be able to make make money and foreign exchange But you are not doing that would depend on the problem is All right, it's I think it's it's it's already on record that the The federal government has said, you know, this is a model revenue model for the rail sector and they have Where the money is going to come from? So it's been interesting time to see if the issues with the the loans can be sorted out So Nigeria can can really enjoy the rail services as well Chris candy Wando is a chartered mediator and Constellator you've been an analyst this morning on off the press I want to thank you very much for your time and hope to see you soon Thank you very much for having me. I do have a nice day ahead. All right. Thank you very much, sir Mercy, um, it's time to look at what happened today is the first day of february 2022. The air is running We're very fast. We have to look at what's happened today in history right here on plus tv african when we return We have more we definitely head straight to our major conversation when we come through We will be revealing all of that. Please stay with us


Would you like to earn $1,000 a day trading? Well, you can. If you day trade in and out quickly and look at the market as something where you're taking money out in chunks. This is not investing. Day trading is a quick in and out. The faster you're in and the faster you're out, the less you're at risk. So what do I do? I look for every day stocks that are gaffing and I prefer to short and the reason is because you can make a lot of money shorting when stocks are dropping or selling off and selling action moves quick, quick and fast and swift. So if you've been thinking about doing this, you have to have a good program. You have to have a structure. I have a system that I teach in my class. If you'd like more information, you can come to the free webinar or email me at melissa at thestockswish.com.


Hello, everyone, and welcome. This is Melissa Armo in Stocks. Why should I want to just talk to you a little bit today about options? One of the things that's very important about options is getting the timing right. If you take the trade and get the timing exactly right when the momentum is going to explode, whether it explodes up or down, that's the best case scenario to get a trade where you can get in and out of it the same day. Today was a day where you could have done that. Early entry in the market short today, which would have been put as an option, or short as a day trade, and then falling off and holding it into the close, you could have exited today, or you could still be in it if you did an expiration out past today. But again, every time I look at a gap, which is all that I trade, I'm always looking for momentum. My expectation is that whatever I do, I'm gonna get a big move in it. Does that happen in every trade? No, but it does happen in a lot of trades. Today is a good example though of when I can see something very early, okay, see the setup, get in early, and then get the move at a very good price. So for example, I'm gonna show you one of the options trades I called today, I'm gonna show you in the chart. It was over 260% return on investment from the moment that I called it if you held it into the close. It could also be up way more on Monday morning if it follows through lower Monday. But again, it had a beautiful move today. Someone had asked me about this trade today and I said, listen, this is so far through the strike. I'm gonna show you in a minute. You can't screw this up, basically.  You could get out of half, hold half. If you want to hold it, hold it. Again, options when you take something and it continues through the strike, whether up or down, depending if you're calling or put can be extremely, extremely profitable. Especially if you have a lot of time left in it too because time matters. The faster you get the move, the better the move is, the more profitable the move is, the bigger the return on investment. And again, that's the whole point. Some trades are gonna lose. So you've gotta have some big, juicy winners like this was today so that you can make money and cover the trades that don't work. You still have to have more winners than losers. That just goes without saying. And if you're somebody that is losing more than winning, then you're doing something that doesn't work. But also, if you never have any big winners or very few very big winners, you're not doing that great either because you've still gotta cover the ones that don't work, if I'm saying. Now here is the trade that I called this morning. I'm not gonna show you everything I called today. I've had a long day myself. So I called the spy. So this is what the options letter, music letter looks like if you wanna sign up. The date comes on it at the top and whatever we're doing, the ticker symbol, that's the spy. I called this at 10 or five in the morning, was sent out Friday today is the 26th. Symbol was a spy, strike was 415, expiration date was next Friday, September 2nd. So this still has a week to go. Type is a put. So if it's a put or a call, you'll look there to see it. I also have the numbers for the targets at the bottom here and then the possible resistance levels. Again, this was a put. This helps you to know where to go to look for your exits, each of these points, each of these numbers, okay? So let's take a look at where the market was at 10 a.m. when I called it care. So we were trading roughly around 417 and I called the 415 puts. And it was a great call because we spiked up, you could have caught it on the spike, like had a better, got a better price. And then got the drop, drop, drop, drop, drop, drop. And again, we ended up closing today below 405-ish. So this is more than $10 in the money.  So, and even if it is, that's the chance you take when you hold something over the weekend. You always take a chance when you hold something over the weekend, no matter what, because anything can happen on a weekend. There's a lot of news overseas that the things that happen on the weekend. But this was extremely profitable trade right here. If you took it at the right time, when I sent it out and exited it into the close, you could have made over 260%. That's a good trade. That's a fabulous trade. That's a nice trade. You book the money, go into the weekend, have a nice weekend. So again, this is an example of what? It's an example of momentum. Momentum in the gap that happened today in the market. And so, again, when you're looking for trades to do, if you don't have conviction which you're supposed to do, you might have gone long today. Why? We actually rally here. Let me just see if I can blow this up. I knew we were lower. It was a great call. Not just the timing of it, but to see it. So again, I sent this at 10.05. Here's where it lifted. You know, you can see that people went long. How do I know we rallied? So we went from 404.15, straight up to like almost 420. And then we collapsed. That was a great call. So anyways, you know, if you're someone that wants to do options and you're looking for great trade ideas, this is a great newsletter, especially for the price of it, because it's an active letter and you get a lot of trades over the course of a month and a year. And again, depending on your risk, you get a trade like today. If you risked $1,000, you could have made 2,600 bucks today. And again, if you risked $10,000, you could have made even more. You can risk in something like this in the spy. Again, we only do things with volume, but you could have risked whatever you could have afforded in this to make 260%. You can take a small account and build it up pretty fast with the calls that I'm making, because when we get trades like this and moves like this, you can take a $5,000 account and build it up to 10.  You can take money out of your account. You can grow your account. You can trade bigger size. Your confidence grows. Your conviction grows. You're able to hold it. Again, a bunch of people were calling me today and emailing me today what I thought here, like roughly around the lunchtime period. And I said, you got to watch it. We could sell off all the way into the close. I was right. So, you know, sometimes people just need a little nudge in order to hold something and that extra I, and I'm very good at reading price action, live price action, predicting it before it happens. I saw that and was watching the market live when it did that this morning and quick got this out. Boom, perfect timing on this today. But again, those of you that are interested in signing up for the options newsletter, that's what it would look like. It comes to you in live time and it is up to you to decide how much you want to risk and to do the trade. If you have questions about this, you can email me at melissathestockswush.com and congratulations to everybody in the options newsletter today. It was really a fantastic day. Have a great day.