 a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to our man, Alan, homo-sasa. What's going on, brother? It is any wonderful. I went ahead and invested in your tiger dollars. And I went ahead and got your gold report for a year and also your morning, your call letter and stuff like that. And I got over a 50% return in one day, not counting everything else. But I just want to thank you. Tom's not perfect, but he tells you how to put your stops in and keeps your losses small. You can take your small losses, but then all of a sudden you'll be like Dave Roode and you'll hit a home run. I mean, a big home run. OK, brother, you're awesome, man. Thank you. Now, Tom O'Brien. Welcome, folks. This is Jacob Schup filling in for Tom O'Brien. He will be back Monday. Let's take a look at the market right now. Everything is moving a bit sideways. The Dow was up a little bit earlier today, but everything else is moving a bit sideways. ES down about 0.05%. NQ's down about 0.14%. The Russell up marginally. Again, we're still kind of seeing a big sideways movement here. The futures for the Treasury bonds are up as well, really moving sideways. Gold, we're still on a downward trajectory in gold. The gold futures, 1917 now, but over this past week. You can give it some month. We've just seen a really, really cool burn down with that. Silver up marginally at 0.15%. Then we have copper as well of 0.39%. The big boys in the market, Tesla's been getting slaughtered the past few weeks as well, really this past month. Some high volume here. Meta down. Google's been going down as well, and that's pretty substantial percentage. Yesterday, I think we were around the same. Disney hanging out around that $85 mark. We'll see what happens with them. Might be sitting in this kind of range for quite a while here. We're looking at Southern Copper, 77.35%. Steel Dynamics at 1.04%. It did test that range again if we look in the year to date. Not what it is. Even these kind of high volume lows here. And we just keep bouncing off that 100 level. It hit the 110 for a little bit and came right back down. So I think we're going to stay in there for quite some time now. That looks like it's kind of building cause for lower price with low volume in this range here, but we'll see what happens with it. Super interesting. Hawaiian Electric had quite a big of a move. We're up 17% today. Yesterday we were looking at it, and it was quite, you know, I mean, this got knocked out. They came back up a little bit. It looks like they're going to be able, while they say, that they'll be able to absorb a lot of the losses of the cash that they have, which a lot of investors found that to be positive. Again, I still think really not out of the woods yet with this stock. Again, any kind of, you know, if we get a higher uptick sometime Monday, anyone who purchased it now might just dump it immediately. I mean, it's still kind of risky, right? If it turns out that any of their components that they had set up had anything to do with the fires, you know, they're in for a world of hurt. I want to take a look at the home builders. Because on the year, they've done significantly well. So let's take a look here first. And we'll go to year to date on this. So this Beezers, this is a 93% return over the year. They're doing single-family homes, multifamily homes, design and sales. Let's take a look here. MHO, same kind of idea, 100% return over the time, over this year. Dream finders, same kind of concept. Right here, we're at 110%. And then this is what a Berkshire Hathaway added, which is DR Horton. And they're doing quite well also. Then sort of, because I wanted to take a look here, I was reading AP and they had the average long-term U.S. mortgage rate climbs to 7.09% this week to the highest level in more than 20 years. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 7% from 6.96% last week. A year ago, the rate averaged about 5.13%. In theory, we might be having some prices coming down, but the demand's still there. And it seems as more people are buying homes, they're going to be able to tolerate, you know, this being kind of like the standard here in one moment. We're going to do this a little bit more. It's the fourth consecutive weekly increase for the average rate in the highest since early April 2002 when it averaged 7.13%. The last time the average rate was above 7% was last November where it stood at 7.08%. Obviously, this can be extremely pricey. And, you know, depending on the cost of the home, which at least in the area that I'm at, I mean, we've seen maybe a slight decrease, but there's still, you know, in St. Pete's specific case, right? But as it stands on the whole, you know, prices have adjusted a little bit to the downside, but nothing, you know, significant that could warrant, just it amazes me how I guess people have savings, right? People have money and are able to kind of afford these kind of rates on expensive homes. I was reading something a little bit earlier as well, but some of those savings are kind of running out, but we can get to that a little bit later in the show. The latest increase in rates falls a sharp uptick in the 10-year Treasury yield, which has been above 4% this month and climbing. The yield, which Lenders used to price rates on mortgages and other loans, touched its highest level since October on Thursday morning. And as close to where it was in 2007, the yield has been rising as bond traders react to more reports showing the U.S. economy remains remarkably resilient, which could keep the upward pressure on inflation, meaning Federal Reserve reason to keep interest rates higher for longer. A lot of people getting into bonds too. A lot of people getting into corporate bonds as well. Another company I want to look at, Cisco, we'll talk about this a little bit more when we come back from the break. We've only got about a minute and a half left. But you know, I always try to talk about, let me fix this mic for a second. I probably don't hear all that scratching. You know, I always harp about cybersecurity. Cisco, you know, obviously provides solutions well, but they also, they have a dominance in the networking area as well. About 43% market share regarding hardware and kind of the software that goes with networking. They've done quite well, at least after the last earnings report that they had. Cisco's unique, obviously because I said the 43%, but they're also really, they're providing this kind of base foundation for AI to be able to transmit data. So, you know, you have all these API calls that are going on, which is what AI is using, you know, in order to gain data and kind of learn more about what's going on. And the amount of traffic that is generated from that is pretty huge. And a lot of the infrastructure, at least for these private companies, is going to be built on Cisco. They're about to roll out some new Ethernet cables, which is going to allow for way faster speed and some more like fault resistance, which is going to be massive. I'm interested to see how this stock does going forward, especially as some of these AIs are being integrated into Enterprise. Folks, stay tuned, we'll be right back. We have Basil Chapman with us, so you don't want to miss that. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute Webinar Archive. He just hosted Forex Strategies and Fundamentals What is Behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN Educating Investors. The financial markets has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter Market Insights firsthand. TFNN Educating Investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors. 4-8 Welcome back, folks. I want you to take a look over here at this screen. On August 23rd, Basil Chapman is going to be having a subscriber-only webinar. If you're subscribed to the opening call which really should be it feels like it's a cheat code. His information is phenomenal. If you're subscribed to the opening call you're going to get in this webinar from 4 o'clock to 5.30pm Eastern Time. Also, folks, if you're not subscribed every new subscriber, they get a 30-day money back guarantee. For whatever reason I can't imagine why you wouldn't. If you don't like his newsletter, you can go ahead and get that. Basil, are you with us? Yes, I am. I must say I'm listening to this and I'm looking around to see who you're speaking about. Thank you very much. Basil, I'm serious. I take a look at all the newsletters when I publish some of them in the morning and I always enjoy yours so much. It's just concise and informative. It's awesome. Tell us a little bit about the webinar here. Let me just slide this across here. In my work I look at a certain moving averages, certain technical tools that I just put on the charge which I might not have to use at all and sometimes I do and sometimes I don't. It's how you use these tools that are really important. You're not going to use a hammer if you're looking for glue. You're not going to use glue if you're looking for a sore. You need the right tool for the right time. I spent quite a lot of time over the last few weeks discussing with Tom many times when I was interviewed about the power of this 914 exponential moving average and how it really it can help you in assessing duration and turnarounds and all sorts of things that are really important. It's such a simple tool to put on your chart. It's a 9 and when the 9 I'll show you this I'll keep moving over here to show you. So I've featured this particular chart right here almost every day for the last couple of weeks and I said that in the Dow I don't want to go through all the different aspects that I talk about but the one most important one is let me just move this because I use this as a dating chart. So here we go. This dating chart showed you the 9 period exponential moving average crossing positive way back in June and it stayed that way. This green line and it takes a long time for this green line to turn down to turn pink and how you assess it is important. So I was anticipating that there would be a Dow turnaround but at the same time there are other technical tools that I use. For instance there's a 9 period exponential moving average that's important but I also use this little blue line here because this blue line picked the exact bottom right there at the bottom that was back in July and look how it got the exact top to the down August the first where we actually went short the Dow so that just simple tools it's just sitting there. There's nothing you need to do. You just observe it and at a certain point you make an assessment. So within that context we're also looking at other techniques that I'll be discussing. So the power of the 914 EMAs and other indicators so we'll be going through that we'll be looking at how to use the on-balance volume for potential price turns. When and how to use the 200 exponential moving average. That's a longer term moving average. You don't need it but when the price gets we've seen it over the last week when the price gets closer and closer the gold did it. So many the dollar has moved up towards its resistance at the 200 period moving average. And then bar symmetry and bar symmetry basically says it's fascinating how you can use to now see the number of bars on the upside equal exactly the number of bars to the downside. If you use the what I call the plum line or that fulcrum right in the middle look the Dow went right to that gap in the same number of bars from that high that was made at 35,679 and then I have a technique I call the Chapman inside where it's either a support or resistance line and that shows you how often you can test that line and even bounce away from it. So these are very practical tools that you can use I'll be discussing our positions and we've had some really nice positions one of them is in the SMH the semiconductor index if I can just find my earphone just popped right out. And that we were very fortunate we went short two days off a little doji candle high at 161 went short at 159 we actually have the SOXS that's the three times short you buy it as a long position but it actually is made up of a short position and we've had fabulous gains intraday in fact from our initial entry we're up about 30% this morning on one part of the position. So I want to show these things I get small I also like to for my subscribers I have very small price low price stocks for instance here we have uranium energy core we've had it and look it's walking this 9 period moving average and 14 period movement so it's a really it's an intensive workshop but I'm going to try to make it as simple as possible and we're looking at our positions what do we expect next what's anticipated how are these technical tools going to help us very practical ongoing thing and of course they get my news every day absolutely and and as well you know I would say that you know I've I've hosted a lot of the webinars that you've done and you do a really phenomenal job at explaining it I would say when I first started working here and seeing the charts you know it's a lot to look at right but when you get into these webinars right it is broken down in such a good way that you can really wrap your head around and in plus it's archived as well so if you want to keep going back and learning some more I mean you should because it's it's it's really awesome and it's a very powerful they also get numerous webinars that I have all these different techniques and they can go through their archives even this will be archived they can go through it as me if they can't make it at four o'clock it'll be archived next day they'll be able to look at it and as I say it's very practical it's going to be money management all sorts of things that I think are really important to the whole vernacular of the stock market absolutely well Basil thank you so much for coming on the show we're really looking forward to that webinar August 23rd thank you very much Jacob and congratulations you doing a fabulous job I mean this is this is all new to you and you just right at home it's fabulous I appreciate you saying that Basil thank you so much thank you take care now fine bye bye yeah so guys I'll put this in the den and I'll post it on to the youtube as well again 30-day money back guarantee if you're a new subscriber get in check it out again I think you're really going to love it as well I want to say too since we're going to be having it in the discord and I try to plug this as often as I can you know you can go to TFNN right here alright let's go to services Tiger's Den Trading Room this is one dollar a year guys this is one dollar a year that's it no catch nothing else you subscribe to that we have the step by step here follow that to a T we'll get you right in if you're in the discord and you have any issues as well and I just want to bring this to everyone's attention we also have a help center as well now you can't really type in this or anything like that but I have two videos right here that are going to be a crash course if you have any difficulties with it say you've already subscribed to it and just a little bit difficult and you're not wrapping your head around it which I get you know there's a lot going on with this come here we still can help you you can also send me an email at jacobatfnn.com wonderful deal alright let's take a look here I'll just finish up on Cisco since we have we have about 30 seconds to the break I think you know the more we virtualize with everything and the more that these kind of like content generating AIs and language models come out again the name of the game really here is going to be these API calls right so this is different programs communicating and pulling data from other programs or platforms and that's how you know that's like the equivalent of the AI reading a book or you know reading a newsletter for example that's a lot of traffic being generated from this take a look at Cisco see how it can maybe fit into your portfolio folks stay tuned we will be right back attention traders and investors are you ready to elevate your game in the stock market on August 23rd join Basil Chapman the mastermind behind the renowned Chapman wave methodology and a subscriber exclusive 90-minute webinar from 4 to 5 30 pm eastern dive deep into the secrets of the 914 moving average to code market turns and get a head start on the stock outlook for September and October the golden opportunity is free for all opening call subscribers and if you're not on board yet as a subscriber here's the deal new subscribers get a 30 day money back guarantee zero risks all rewards so what are you waiting for visit the front page of TFNN.com now and secure your spot TFNN educating investors there you go the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market the US futures market and the Shanghai gold exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX the dollar, bonds the South African rand as well as 25 different mining equities with specific buy sell 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investor you were born to be TFNN educating investors don't forget you can listen to TFNN live on your mobile device 24 hours per day go to TFNN.com then hit watch Tiger TV that's TFNN.com then hit watch Tiger TV welcome back folks let's take a look this headline right here the government is going to begin cancelling student loan debt for about 804,000 borrowers now this is done to fix as it says in the subtitle here administrative failures that were occurring so the big deal here is that under a certain plan is the IDR here income driven repayment once payments have been made for 20 or 25 years they can be forgiven by the federal government alright now about due to some administrative failures that apparently have been pretty well documented about 804,000 borrowers had never received that credit and still continued to pay for varying lengths of time this is probably very welcome news for a lot of folks you know when you're getting out 20 to 25 years these are you know your young college students that I think maybe get you know what kind of what you typically think of right when you hear okay we need loan forgiveness these are people that are you know well into middle age you know 50s even even a little bit longer than that who are still paying debt for their student loans so this is going to free up a lot of cash for them hopefully you know that will act again maybe in a weird way as it could increase inflation in some capacity 804,000 people's not that much considering the population of America but if more of these kind of alleviations take place right this one obviously has precedence but there's obviously been some political battle going forward with just relieving large portions of student debt in general we can see like an upward pressure in some consumer spending but again at 804,000 you know how much does that really make a splash in the total economy regardless impacted borrowers with IDR plan should expect to receive emails from the loan services with the subject line your student loans have been forgiven that probably feels pretty good now you know there's a lot of argument like you know why is college so expensive right and there's a lot of administrative costs that go into it and that forces younger people to take out larger and larger loans as time goes on and you know I'd really say like 18 year olds going into college probably don't really understand you know really like the value of a dollar right so they kind of get in take these loans out they're not federal grants they can be pretty high APRs honestly and I read this article here kind of makes you feel bad especially if you're saddled with student debt the colleges are spending money that they don't have let's take a look here so the price of college is rising and for once we can't blame inflation spending increased by 38% at the median flagship school the best known and usually oldest public university in each state between 2002 and 2022 and they passed the tab to the students again that's going to increase the amount of money that students will have to borrow and eventually pay back right contributing to the 1.6 trillion student debt crisis that's according to wall street journals analysis over 50 schools so what's driving this increase here because this is pretty substantial right and you know as an American you should be like okay maybe we need to figure something out with this so our other citizens aren't saddled with so much debt and paying for so long so over the 20 years analyze the median flagship salaries and benefits rose by about 40% spending on athletic coaches jumped by 50% obviously it's a huge money maker for the universities and millions of dollars were pumped into new construction and renovations and this is again according to the wall street journal administrative costs have also become a greater share of institutional spending per us news and national center for education statistics but the shiny new student union and all those higher salaries don't pay for themselves of course to afford them every school in the wall street journals analysis increased tuition and fee revenue per student by double digits from 2002-2022 at the University of Oklahoma tuition fees per student rose by 166% in the two decades analyzed Penn State the most expensive flagship state school cost the average student nearly 27,000 dollars a year and you think about it a lot of these students are taking out the debt on their you know on their own if their parents aren't helping them or whatever these a lot of these kids don't really have established credit in any capacity and some of these costs can get pretty insane and you know in some ways it's you know you kind of pause to blame them for something like that right you know when I was in high school I was never really taught much about how like finances work I was lucky that I had family members who were interested in it and kind of conferred that information to me but I would imagine you know a lot of my friends from college or just young people in general I mean that's kind of beyond them right and I don't mean that in a way to like down talk them because it's not they just taught this so the big picture of schools are spending so much because there's no one to stop them of course economist James Koch founded the trustees approve 98% of cost increasing proposals at large public universities that's pretty intense to say the least and again I think it's like you know you look at it going forward you know there's obviously a big division on this and so what I'm saying with you know with your fellow Americans you should think in a sense like okay is it good that so many people are saddled with debt what can we do earlier on to at least educate our young citizens or people who are about to be adults and be able to vote and make decisions again in the workforce what can we do to better equip them when they have to face something like this right as opposed to the whole well you know just pay the debt valid right I mean they did take out these loans and you know they agreed to the terms of it but you know it still stands to these young people fully understand what they're doing I mean what other option do they have been told forever that you have to go to college right at least if you're born in the 90s you know you have to go to college you have to do this so you have to take out those student loans and when you get you know two decades at least in one of these universities 166% increase I mean that's that's pretty intense right so this is not the same as it was the day so you know hopefully our education of youth can can get a little bit better regarding that and then also we can take a look at you know rampant spending in colleges what else do I want to look at here a bunch of cool stuff honestly I'll save this for the next one this is kind of interesting here let's take a look yeah you know what let's talk about this right now SpaceX did pretty well for themselves you know it's abandoning their bitcoin holdings cryptocurrency is especially bitcoin is in a pretty rough spot obviously so the new space x financial documents reported by Wall Street Journal provide a rare look into Elon Musk's private rocket company of course Elon Musk is a very big player in the crypto space of course he's a famous pumper of doge coin and probably a famous dumper of it as well cryptocurrency prices swung wildly after the late Thursday report which revealed SpaceX sold its bitcoin holdings SpaceX posted a Q1 2023 profit of 55 million on 1.5 billion in revenue after two years of major but narrowing losses the Hawthorne California based company recorded 5.2 billion in total expenses for 2022 increasing the 3.3 billion in 2021 okay so why am I talking about this it's not really because of SpaceX they're obviously private so this do us much good but it's everything that's going on with cryptocurrency and how it's kind of seeping in to kind of what's called tradfin right traditional finance they're basically going to start allowing crypto futures to be traded Coinbase gets a green light from regulatory bodies and spot ETFs are getting approved as well but that's not coming to the US just yet folks stay tuned we'll be right back Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30 day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFNN Educating Investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman and your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com Educating Investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade L-A-B-U or L-A-B-D directions daily S&P biotech three times bull and bear ETFs visit directioninvestments.com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services LLC with live programming hosted by a variety of professional traders during market hours the Tigers day available to all Tigers and Tigris's for just one dollar 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 this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ welcome back folks yesterday I was talking a little bit about some of the cell phone providers how they're seeing some cuts into their profits like Verizon AT&T this is a lot to do with not everyone is buying the newest generation phone or you know tablet China especially they're really ramping down they're keeping it for about four to five years and a lot more Americans are doing that as well another issue they're going to face coming forward and we'll see what happens with this is the lead from abandoned phone cables are polluting dozens of neighborhoods this isn't Louisiana and this is all tied to Verizon and AT&T the Wall Street Journal estimates about 2000 lead covered phone cables are spread throughout the country again it's particularly bad in Louisiana as old cables degrade lead can leech into the soil at high levels the report found obviously this is pretty bad well 2021 pediatric study found that half the kids in the U.S. have high levels of lead in their blood obviously not good for brain development some people say that's what collapsed the Romans in some capacity an investigation has revealed more than 2000 lead covered cables left behind by telecommunication companies could be the source of soil contamination as they degrade under water and overhead despite efforts to rid the environment of dangerous lead paint and pipes the Wall Street Journal investigation found that cables abandoned by Verizon AT&T and others pose a threat to unsuspecting Americans so you think about it okay you're getting some profit cut from people not purchasing new phones or switching plans as often like it's not as plan heavy as it used to be right and if this situation problem reaches like a critical mass under administration that's like it may be inclined to address you know certain environmental issues I could see them being forced to kind of pay for this right I mean in theory they're they kind of own these cables and they should be in charge of managing them the journal tested samples from about 130 underwater cable sites and found lead present in the soil of the Pisaic River in New Jersey the Detroit River in Michigan the William Met River in Oregon and the Mississippi River in Louisiana the soil of more than 48 locations were contaminated beyond levels determined safe by the EPA you think about it too like we America you know we had the kind of the privilege in a way I mean you know our citizens did it but we really pushed through this new age of you know electronics telecommunications all these kind of things and pioneered a lot of stuff what that's resulted in is kind of this patchwork network of you know communications in America right there's something again going all the way back to the 1950s even earlier all the way up to the newest stuff and what happens is there wasn't you know a lot of controls back then right I mean they're putting chemicals and foods and spraying deed on children and stuff like that until we realize it's not really the best thing and so you know when you look at other developing countries let's say like China for example obviously they have issues of their own regarding you know what they allow kind of into their environment but other countries get to learn from what we've done right so they get newer tech and that's going to set them up to be a little bit cleaner going forward and when that tech ages out it won't be as detrimental right I mean this could this could shape up to be a pretty massive issue we saw development let a consumption during development absolutely impacts good development in the children and it also just negatively affects people and adults anyway so this could potentially be a massive issue especially when you start polluting like you know water tables and everything like that according to the EPA the safety standard for lead levels in the soil where children play is 400 parts per million sediment in a Louisiana fishing spot was found to have 14.5 times that amount in June 2022 and kind of going off a little bit as well you know in Europe when you go to get your kind of yearly checkup with your doctor they will actually test you for heavy metal toxicities in America we don't do that it's also extremely expensive to do it so say you go to your doctor and say hey I want to get a hair follicle test or whatever it's extremely expensive and usually insurance isn't going to cover that right and you know based on this investigation that Wall Street Journal did a lot of kids have this at least some kind of lead toxicity there's just something that came out a while ago that Hershey's and this didn't really hit big news or anything like that and it seems like it wasn't spoken about after the initial headline but you know Hershey's and some other large chocolate makers in America had a huge levels of lead and cadmium in their product like way over the daily recommended dose and you know I think it would be interesting if there really was like a broad study on if there is heavy metal toxicity affecting Americans you know there's a lot of issues going on with like mental health in the country and all that kind of stuff and you know that can be a result of something like that super interesting stuff but you know beyond just looking out for the environment and kind of just being a more like effective society where we like clean up our messes and everything like that and this is now getting to the point where it's affecting children look at this a little bit more obviously brain damage found more than 100 schools have lead cables running overhead more than 1000 schools and child care centers are within half a mile of underwater lead cables Verizon did not immediately respond to the insiders request for comments which was made outside of normal working hours and AT&T representative responded to the insiders request for comments by directing questions to broadband association US telecom and of course pretty nice diplomatic response the health and safety and well-being of our people and our customers is important well we'll see what happens with that that might shake up to be a pretty bad situation for AT&T Verizon and other providers in the coming future let's take a look I was talking with this about one of my friends she's a she does basically health right, she's a dietitian she does physical therapy for people we were talking about these weight loss drugs and Eli Lilly is obviously really capitalized with Monjaro if you're not familiar with this it's predominantly a diabetic drug what they found is that when you use it you end up losing quite a bit of weight and hey man Americans love that China also I think they now have the most obese population number wise maybe not percentage wise but number wise for sure and they're getting into the market for some of these weight loss drugs what's interesting about Monjaro and it's really one of the perfect kind of drugs if you're a well one if you're an investor in a company like Eli Lilly but also if you are an executive there or in the finance department is you have to keep taking the drug you have to keep taking it if you get off it what it does essentially is suppress your desire to eat and if you get off it it's going to come back and people tend to gain all that weight back so this is kind of one of those like forever prescriptions you're going to want to be on I'm not advising that by the way I'm just saying that's the model they're looking at which is widely used obviously for weight loss raked in nearly one billion in second quarter sales that's absurd more than 200 million above what Wall Street had expected shares the drug maker soared 17% to an all time high Tuesday after Eli Lilly said Monjaro sales swelled more than 70% since the first quarter to 980 million wow almost all of that came from the US and companies said significant demand was leading delays filing orders for some doses I mean really imagine obviously obesity is a health risk and if you get something like Medicare to put Monjaro on they could make the case that getting this would lower cardiac issues or anything associated with obesity they're really really in for a payday folks stay tuned we'll be right back to wrap up the show are you ready to take your trading to the next level? introducing Tom O'Brien's award winning newsletter market insights your key to successful active trading Tom O'Brien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades Tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with Tom's real time analysis and trade recommendations delivered straight to your inbox whether you're a seasoned trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders? head over to TFNN.com and subscribe to market insights today don't miss out on this 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Let's take a look at the end of every show. I like doing a quick science segment. I know I ramble a lot about the lead in the water, but this one's kind of interesting. It's a little bit happier, I suppose. They're using wood dust, essentially, to trap microplastics. They found this stuff, microplastics, on top of Everest at the bottom of the ocean. This isn't everything. It gets in your blood, gets in your body. I don't know what the long-term effects are, but it's like a fifth element now. It's pretty nuts. It'll be here long after we are gone. Essentially, scientists at UBC's Bioproducts Institute found that if you add tannins, and that's the natural plant compounds that make your mouthpuckers and wine, and if you bite into an unripe fruit to a layer of wood dust, you can actually create a filter that traps virtually all microplastic particles present in the water. While the spirit remains a lab setup at this stage, the team is convinced that the solution can be scaled up easily and inexpensively once they find the right industry partner. You know, I like being outdoors. I like fishing. It's nice to catch something and be able to eat it later in the day. One of the things that's always in my mind of doing something like that is, even up in the woods of Maine and deep out there, we were catching trout, and the idea is that, you know, microplastics are everywhere to the point that these trout probably had it as well. And if we could do something, you know, to limit the amount of microplastics that inevitably get into the environment, it would be awesome. It would be better for outdoorsmen, be better for just about everyone involved for our kids. Folks, thank you so much. It was awesome closing the week out with you. Tom will be back Monday. Stay tuned for the 4 p.m. news. We'll just take a look at everything going on, and we'll see. Let's see. It looks like the spy may not get over that mark. Stay tuned, folks. We'll be right back.