 Brian welcome everyone. This is Jacob shoot filling in for Tom. Oh, Brian Let's take a look what we have going on today We are slightly down a little bit right now in the ESMini trading down point seven six percent around five thousand two hundred and fifty five the Russell off about two percent two thousand seventy seven eighty cents the NQ's Eighteen thousand three hundred and three dollars fifty cents again down slightly You know, we're just down slightly today a little bit We have some things might be dragging into that obviously Tesla did not do so well We can see they're down about five point three percent today The Dow futures off about one percentage the gold contract Trading up right now still one point six four and really the winner of the day here in the metals is silver Doing quite well that also pours into of course mag silver take a look at that will be One that we cover in the gold reporter Tom O'Brien covers We have a twenty two anniversary special deal he saved about forty one sixty five a month and that's for the Duration of your subscription server ever long you subscribe to it regardless Mag is about four point five percent today. We Report Mac Moran is doing all right as well About two point four eight percent currently so these miners are coming up The base metals themselves the contracts are doing quite well Copper still at 407 it's still a positive move of course to be interesting see if we can test the hyzer of about 416 crude what is there to say we are up now 85 last time this was happening was about October and of course we enjoyed a pretty low Energy prices since then Saudi Arabia in particular OPEC as a whole cutting production And you know that will affect us the pump of course we're gonna start drilling the Permian Basin We spoke about that a little bit on the show But to when that's going to really show not sure However, I think going forward You know again, I talk about the CPI and the energy with CPI of course higher oil prices are going to lead to a higher CPI That's not going to be the core of course But I think this will still in excuse me affected some ways and so what this way to see what happens with that Let's take a look at Tesla. Okay We're down five point three four percent today. There's a lot to talk about with it, you know, especially You know looking at Jiao me. Okay, and that's one of their major competitors in China, so let's take a look Tesla shares sink after sales fall more than expected in first quarter Group manages to reclaim crowns world's largest seller of battery electric cars after a big drop in shipments for BYD still This is kind of a commentary on the entire EV market Tesla reported a bigger than expected drop in its quarterly deliveries in the first three months of the year Setting its shares down more than five percent the company posted sales of 386,000 You know roughly 800 cars Excuse me that is down from 484,000 50 sold in the fourth quarter of last year and lower than 422,835 still, you know decent numbers It is expected to sell about 450,000 vehicles in the most recent quarter, of course They were pretty shy of that Later the latest delivery numbers still allow Tesla to reclaim the crown as this article saying from BYD BYD, okay still doing pretty well, but we can pull this up Here where's my mouse? There we go No, that gives it's void. I don't know what I would look up on here for that. Anyways, they they fell Their shipments fell about 42 percent, which is pretty nuts We can talk a little bit more in this realm. We can look at Rivian. Let's take a look today So down equally again this this whole EV market I think is in some trouble with it. However, the deliveries have increased about 70 percent The vehicle deliveries in Q1 totaled thirteen thousand five hundred and eighty eight while it produced thirteen thousand nine hundred and eighty It also reaffirmed the previous guidance of producing fifty seven thousand vehicles, and these are slick looking vehicles I've seen a few of them on the roads here in St. Pete. They're very nice And of Tuesday's release analysts expect Rivian to deliver 13,000 units on Q1 So they beat that again. I think the major issue is just going to be a decrease in demand for electric vehicles going forward It's it's weird though because you're you're also seeing I would say some commentary to from what analysts are calling the middle class and They're having a lot of confidence, right? Assuming inflation is going down saying that they're on the right track financially And so it rains to be seen, you know, kind of how electric vehicles are gonna fit in I would suppose to the economy, right? I think a lot of sales had to do with tax credits that people were getting of course You get kind of the cool factor of it But I think it remains to be seen, you know, especially if we have a higher interest rates for longer, right? Of course the Fed will come down You know definitely not until June. I think one of the Fed chairs Just said that it's certainly not happening in May. I don't think anyone anticipated that I think June's what we're looking at But even so, you know I don't we're certainly not gonna go back down to like quantitative easing levels of interest rates of like, you know Near zero percent and everything It'll just remain to be seen. Of course, we have a lot of investment going in to create more charging stations Okay, there it's back and That will kind of ease people into buying them. I I still think it'll be a little bit of time with that All right We take a look at Humana, okay, and a lot of these health care stocks are getting hit And that's because Medicare Advantage is getting hit Biden said they're not increasing the amount spent on that and All right, let's talk a little bit about that This is the article says Medicare Advantage is overbilling Medicare by 22% The body in question is called the Medicare Payment Advisory Commission or MedPAC It is an independent authoritative body that advises Congress on Medicare It was set up by the Balanced Budget Act 1997 back when people in Washington were actually okay, whatever. That's political speech Just published latest report to Congress entitled the Medicare payment policy and the key thing that everyone needs to read Guess what page 25, which is how okay. Yeah What is up with the articles like this right long story short? They're kind of overcharging on a lot of things Biden is bringing that down So you're getting a massive hit and things like Humana who are now gonna have to pay a little bit more on that Especially at a time where inflation is kind of hitting medical costs. Okay, so we have Humana down about 12.65% today, which is Pretty intense United Health Care is also slid CVS. Let's take a look at CVS right now Just waiting for this to load It's fine. Let's keep looking at Humana while I read this a little bit Humana shares well, we have the break. We'll talk a little bit more about this just briefly when we come back We also have Basil on today and then Tim Ord on later. So stay tuned for that folks. You're not gonna want to miss it