 What is going on votes? This is Jacob Thilnin for Tom O'Brien. Thank you for staying with us We were just streaming the Q&A with pal. Look at the market. There is some very interesting moves today with everything I look at the ES mini right now Just when you started speaking we had a nice just real skyrocket up from the below the four 4390 area reaching up almost to 40 for 30 Take a look. We were read for most of the day up until then Take a look your big techs are down a little bit. So we're really just trading sideways in a major way Spy at 437 the dollar really took a dive today So before the meeting we had a nice pop-up and now we're getting down into the 102 levels Interesting to look at let's take a look at the gold contract Obviously the GDX up just minorly with that dollar depression Some big volume to the down here Below almost to yeah, I'm 1952 and up to 1965. So some pretty big volatility regarding that today Let's take a look the mini Down four seven so a lot of trading sideways. Obviously any cues up point seven. It's almost percent here Taking a look at some other things carnival up. So, yeah so I did a pause the rate hike today and It is so like the crowd is fickle, right? So, you know, everyone was hoping for this as it comes out It just seems like he's just getting faded online All the questions are, you know, at least the first three But that was kind of it was a motif through a lot of the other Questions from from the journalists was why well, you know, if if you're expecting Powell is essentially saying they still expect rate hikes throughout the rest of the year, okay But he's gonna pause right now and this was for His what did he say? Essentially, he was saying we're gonna wait for the economy to kind of basically acclimate to what they are currently I don't know how I feel about that answer particularly However, you know, we are getting a little bit of upside right now He did admit as well that they still see Some risk to the upside regarding inflation that core CPI Isn't responding Too significantly. They said they're still uncertain about the impacts that credit tightening will have So, you know, there's just a lot of uncertainty right now They did pause but they're still expecting some increases throughout the rest of the year So Interesting Q&A nonetheless. I'm glad you guys could join us with that So I want to take a look as well because you know, they're speaking that the labor market has been pretty resistant to this, right? however What I find interesting is kind of this disparity here between, you know, the increase in the labor market and the real weekly earnings and This is kind of what we've had through 2022 2023 so we still have a depression essentially of wages, right increase in jobs and it's just a really It's it's a little bit voodoo. I guess right. It's a little bit bizarre kind of seeing how this economy in its hole you know considering the labor market considering job excuse me wages and then considering the The stock market itself, right? There's a lot of really strange things kind of going on They were looking out to Forecasts essentially they they took a I guess a poll of among people Within the Fed of where they expect the rates to be, you know going out I think to 2025 and you had a few people looking at rates sticking around like a three three and a half percent so You know interesting. I was saying in the den. I'm not really You know, it'll be interesting to see a time where rates are anywhere above two percent so much of my time growing up And kind of coming into age was during quantitative easing So they're also reducing their securities so Lot of interesting Q&A today and that's what's so interesting, right like this this pause in particular Again, we want to call it like a pause because they will most likely resume The pause brought up even, you know better questions essentially where is disinflation actually going to occur, right? He was saying that a lot of people to Fed see You know inflation going down to about three point nine percent on the year And that would be a quite a significant decrease for sure So we'll have to wait and see again looking at cornflation It's still going to take a little time at least for shelter to come down a little bit That's a huge weight in the core CPI So that that lags a little bit behind with the increase in Fed rates So quite interesting Moving forward a little bit talking more with the Treasury Department and the IRS They're paving the way for cities and nonprofits to get a climate bill tax credits this tax credit system You know, there's the low-income housing tax credit That was started by Reagan in the 80s. This was an idea to essentially get, you know, large businesses to to invest in Indirectly in some sense in government programs, right there run by syndicates, but it worked for quite a while And it still works a little bit The Treasury Department and Internal Revenue Services on Wednesday released guidance that will enable state city local governments and other non-profit entities to get cash payments in the value of the climate bill clean energy tax credits This could help schools electrify their bus fleets non-profit groups put solar panels on the roofs of their building And help rural energy collectives invest in renewables and this new guidance stands to Greece You know, this is quote Greece the flywheel of Climate tech investment in the United States already being spurred by the inflation Reduction Act so doing a little bit of government spending on that So in the 10 months since the IRA passed the private sector companies have announced more than a hundred seven billion in new clean energy Investments that was by John Podesta. He's the senior advisor to the president for clean energy I didn't know that actually Podesta was in that position and he said that on a call on Tuesday Conventionally states territories tribes local governments and non-profits have not been eligible for tax credits You know, and it'll be interesting to see if you know, this is like our I think we you know It'll be interesting to see how government spending really kind of affects what's going on currently, right? The inflation reduction acts biggest tools are tax credits for the first time tax exempt entities Will be able to receive a payment equal to the full value of tax credit for building qualifying clean energy Yeah, and Jimmy D in the den as well. He just he's still listening. I just said at least a couple years out for any rate cuts No pivot for you. He says at the end there. Yeah, it's it'll be quite, you know This is this is really like a new paradigm essentially, right? So long we have these low rates and that just spurred so much spending, right? We look at it too. Okay, let me pull this back up quickly Sorry folks Folks teaching will be right back. 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Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a Frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien found a TFNN over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio Get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com 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 Pesavento 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 Welcome back folks another interesting thing to look at is the producer inflation here and You know obviously that's the amount of money put into producing the products and then therefore that you know reflects in the final price So this is after yesterday's CPI report who will get the Fed's decision from its FOMC Obviously, we were just listening to that PPI is often referred to as wholesale prices We just went over that as well the PPI on a year-over-year basis fell to 1.1 percent Well below the 2 percent target and still hurtling lower from last month's 2.3 percent The chart is breathtaking as they say here the core PPI which excludes energy and food to fell below estimates coming in at 2.8 percent year-over-year Down from 3.2 percent and that just really that figure there the disparity between these two and this is only 0.4 percent But you know, we saw it as well in the CPI. It's just energy is weighing that down so heavily So it's always somebody to keep in mind in it, but again the Fed, you know generally looks at course CPI so The month over month change came in negative for PPI at point negative point three percent versus a growth of point two percent last month Indicating not just slowing rice rises a price rises But in fact price drops and that's deflation not just disinflation of course and this is PPI a lag of two months here Very interesting to see here, huh? Obviously they did not raise like and it's interesting too. I was looking at these like buy this is kind of like a side point but I was looking at these binary they call them binary option contracts, but you're kind of just betting on yes or no and it's a really good way in my opinion to kind of get Sentiment at least it like some small part of the market how many people are actually doing binary contracts not that many but It's it's still interesting to see what people are thinking and putting money into and this was kind of I think it was actually like a It was 97 cents to 3 cents so Earlier just before the meeting you had it, you know most people 97% of people thought and then I can raise rates whatsoever So we'll take a little bit of look here And the video was essentially Impervious today from any kind of downtrend and it just shows how strong this Titan is I mean we cracked, you know way over the 400 level from this morning on At least volume on the daily. Let's take a look here Let's take a look on the three months. I mean Yeah, some good volume still as well, right? Regarding today. NVIDIA is gonna maintain this power. I was looking more at AMD. They did release news about their chips yesterday For whatever reason though, it sold off a bit Let me take a look. Oh, I thought I had it saved. Let's take a look real quick And this is the rise in chip people love it I think a lot of people that what NVIDIA is having the benefit of being like the name flagship of The chip sector right now or I think you know AMD is gonna continue to be pretty strong, right? And it has increased substantially since the meeting of this year. I think the video something like a hundred eighty seven percent AMD not as much but still pretty substantially But NVIDIA is just this flagship company for it, right? Like it is the name brand company of this whole sector I don't think that means in any capacity that AMD is inferior to NVIDIA Like I said, they're still getting the Metapurchase they're gonna be in a bunch of new kind of tech as well. So I still like it It still looks good. He's obviously had some big volume yesterday on it a lot of volatility And today, you know, we'll see where we end out. That's still up though and today We were down so positive little switch on that to and again I want to go off track a little bit here with these processors. I was reading this article last night It was nuts. What they're doing now is they're taking cells, okay? Like we're all on this digital thing, right? But if you're a sci-fi fan, you know the the pinnacle of all computing and all machineries the biological, right and Scientists have figured out how to take human cells. Okay, and they inject some kind of virus into them And this turns them into a stem cells and essentially every organ in your body, right? It kind of starts off in your body in general starts off as stem cells and there are different like growth factors that get targeted at these stem cells and it Allows them to specialize into different organs, right? And so scientists are doing this in labs. They're calling them organoids and they've created this like This lattice structure and they've they've put the growth factor for brain cells into these stem cells and They're they're teaching it. It can't be called machine learning, right? Because it's it's organic But the way that they're teaching this thing how to they're playing pong right now, okay? And if it does something wrong, it sends it like an electrical impulse And it does something right it let's send some kind of like neurotransmitter to it That is you know positive like as an reward system. I mean, it's really insane And so we're creeping into you know something likes You know super AI or just you know general intelligence in general But I think the real move forward that is now, you know, it's it's quiet And there's not a lot of things, you know, not a lot of exposure I guess in the media for it. We're so probably a few decades out But we get to a point where computing is is done on the organic, right? And this seems like relatively like cost-effective as well I was looking at some that you can buy like stem cells online. It's bizarre and they were not like super expensive or anything like that So we might see a day in the next few decades where it's like hey digital AI was cool But now we have brain organoids That do all the computing for us and you want to talk about Ethics regarding, you know, some kind of general intelligence That's something like using a grown brain is really where we get into that kind of thing here Look at Google a little bit They got smacked on all ends today the European Commission and the US government as well is trying to essentially Not necessarily sue them but break up their ad-tech business Right didn't seem like it really, you know didn't affect it too much at all over the three month We're still up 92 from 92 Cracking nearly 130 but back down to 120 right now But this is for the from the European Commission It said it's taken a preliminary view that Google has breached antitrust rules and the advertising technology industry and that only a Divestment of part of its services would address concerns The regular said Google favors its own online display advertising technology services to the detriment of other providers as well as advertisers and online publishers The Commission's preliminary view is therefore that the only mandatory That only the mandatory divestment by Google of part of its service would address The competition concerns and so the US actually went ahead and and sued Google over the dominance as well This is the from the DOJ It's suing Google for allegedly exercising monopolistic control of the digital advertising market and the latest legal broadside against the group as Washington seeks to crack down on the dominance of big tech a Complaint file Tuesday basically saying they're anti competitive They quote it as an industry behemoth and said it's harmed competition In the ad tech sector by engaging in systematic campaign to seize control of the wide swath of High-tech tools used by publishers Advertisers brokers facilitate digital advertising. It seems like every other month some commission tries to hit these guys and It just becomes so protracted that it kind of just falls into obscurity But you know, we'll see if there's any like legitimate impact or rather action taken from this folks. Stay tuned. We'll be right back 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 recommendations The gold report New subscribers get a 30-day money back guarantee. 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We're taking a look at United Healthcare Group. They plunged almost down 7% today so this came essentially after CFO John Rex told an audience at Goldman Sachs Global Health Care Conference that a recent surge in surgeries and other medical Care might push expenses higher than previously forecasted basically a lot of the elderly were pushing off surgeries During COVID and now they are ready to have those surgeries The time of this writing was down 9.3% Let's see here the surge in elective procedures like joint replacements come after many of these surgeries were postponed by hospitals during the code pandemic This is a you largest US health insurer and Concerns about higher costs unleashed a wave of selling across the S&P 500 managed care index and really I'm sure we've all been affected by this But insurance has gone off gone up dramatically Whether that's auto health, you know, whatever. It's just been insane Obviously some places are a little bit, you know more intense than others in st. Pete I had something like a 20% increase in in my health care and auto insurance. It was nuts United Healthcare has forecasted a medical loss ratio a measure of medical expenses to be between 82.1% and 83.1% for 2023 pretty intense The ratio premium revenue is spent on medical care So so let's keep in mind. This is pretty substantial drop. This is the low of the year right now So and on substantial volume as well Still a behemoth obviously so largest in the country Talk about some other interesting news. Let's take a look at Toyota. They have some interesting Why can I not find I thought it was tea me one second. That's TM. Of course Got I wasn't quizzed on that, right? So, yeah, let's take a look But we can just do well fine move the yearly Pretty nice bump today. Essentially, they're claiming that a solid state EV battery tech breakthrough occurred and this could offer 900 miles of driving range Substantial volume today people loved this if true big if true At a recently held technical briefing Toyota revealed plans for several new technologies Including next-gen EV batteries aerodynamic drag reduction and Manufacturing upgrades to help transform the company in the electric era after discovering a breakthrough Toyota says it aims to offer solid state EV batteries that could potentially offer Over 900 miles driving range and this came out A day after a Chinese company was saying they've got one and that's cattle. I think CATL They were running 400 kilometers And so that's pretty on a ten minute charge is pretty impressive. So these batteries are getting quite a bit better Let me pull back here Toyota did reveal several new innovations to support its next-generation EVs including the following which are manufacturing upgrades reduced costs Hypersonic tech to enhance aerodynamics EV battery tech and so on and also I want to say too like and this is so minimal compared to Big tech breakthroughs, but they're getting a lot better at like designing their cars the newer Prius this year I Might have touched on this when it came out But it looks it looks pretty sweet if you ask me I'm not going to drive it, but I mean, let's take a look at this, right? Oh, wow. I mean that's better than Whatever they're releasing a few years back that always got dragged, but this does not look bad I there's definitely something positive evolution there as well. I'll pull over this article here To ensure its EVs are profitable profitable Toyota says it will incorporate a simple and slim vehicle body structure through the giga casting Interesting thing to look into the process used by Tesla simplifies manufacturing by reducing the number of pieces needing to make a car Very cool. I just build your own, right? What's interesting to again on a side note is this you know This is meant to basically distort the dimensions of the vehicle So, you know when they're when they're test driving them out and I was curious of I mean obviously makes sense right I was just looking at the history of it a few years back when I when I first saw one in Tampa and this technique was actually developed by Militaries in World War one and they would do it to their ships as well and it was the first For a essentially into camouflage. Let me see if I can pull up a picture for you just for some quick Edification for you because I thought it's neat and we still use this technology today at least now in enterprise, right? But yeah, take a quick look at this This is what they're doing to the ships back in World War two and this was again meant to distort size And kind of distance and all that very interesting nonetheless, but I'd love to see what Toyota is coming out with I really liked their plan going forward when the CEO released Kind of his speech a few months ago And it seems like they're it seems like they're serious about getting into this and you know we can respect that for sure so Talking about a little bit about prices maybe shelter going down a little bit, you know in Tampa where we're at now They came out with a study, you know, we're across the bay in st. Petersburg here But you know, we're experiencing a similar thing a study came out You know regionally done that you need about $80,000 a year to to live in Tampa, right now of course it was very large live on the peripheries And that's fine, but if you're gonna be in the center, which is quite a substantial increase from years prior This is from the Wall Street journals as renters are about to get the upper hand at new lease rents are poised to fall on an annual basis For only the second time since the 2008 financial crisis, and I'll say to you know There is like areas in in st. Pete. Okay, that's a You know a few years ago if you had gone to them and I'm talking about apartment complexes. I mean they were not safe They were something like $1,200. I mean you didn't you just didn't want to be in that area and With everything increasing and more people moving here and all the money coming from health care in the area you're having these Essentially like, you know pretty poor conditions in some of these apartments and they're charging stuff like $2,000 a month for them without changing, right? Such a big such a big increase. It's a lot of profit obviously obviously for the owners of the property And there hasn't really you know the quality hasn't changed much whatsoever Hopefully we get to see a little break in that apartment rent growth is declining fast Shifting the rental market to the tenants favor for the first time in years the average of six national rental price measures from rental listing and Property data companies shows new lease asking rents rose just under two percent over the 12 months ending in May and That is down from the double-digit increases Of a year ago and represents the largest Acceleration over any year in recent history according to the co-star group, which is a rental software company Excuse me real pages the rental software company annual decline would offer relief for millions of renters and I think also today they are having a Like a renter strike Happening in Toronto. So, you know, this is becoming a big issue at least in North America And it's been a problem for a long time in Europe in general, right? It's just smaller and more people But to kind of visualize this a little bit You know That's a decent drop right all the way up from 18 percent according to apartment list So I would love to see that kind of apply a little bit I've definitely seen some freezing in rent increases at least where I'm at But it'd be nice to see it come down a little bit as well so Yeah, pretty pretty fascinating stuff going on. I think in general too You know with the rates going up, I think mortgages are going to go up as well and in the the purchase of homes I think will slow down significantly and and I fear a little bit too and I'll have to look more into this for tomorrow But you know with these kind of balloon rates essentially regarding mortgages. I wonder if you know What percentage of the population can actually afford to pay these increasing rates when they were buying? At you know again pretty low rates folks stay tuned. We'll be right back If you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter You should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and Technicals sign up for rocket equities and options report today with a 30-day money-back guarantee So you have nothing to risk for all the details and to start your subscription today visit the front page of tfnn.com TFNN educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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Just some quick kind of look over. This is over chocolate right and a lot of our kind of food commodities are getting a little bit hammered Regarding prices are going to go up a little bit. So chocolate is set to get more expensive as cacao prices soared of seven-year highs chocolate prices have risen by 14% in the past year according to consumer intelligence Sugar another principal ingredient of chocolate is also seeing price spikes Breaching 11 year high in April among the different varieties of chocolate prices of dark will report to be hit hardest Obviously, they have the largest percentage of cow in them The cow market has experienced remarkable surge in prices and this season marks the second consecutive deficit with cacao ending stocks expected to dwindle to unusually low levels prices of cacao on Friday surged a 3,160 per metric ton the highest since May 5th 2016 the commodity was last trading at 31 71 Yel Nino weather phenomenon is forecast to bring lower than average rainfall to West Africa Ghana is a huge producer of Chocolate beans and I think in recent years. I've also been trying to Manufacture it there as well the the president Ghana when he took over a while ago. He kind of had this no Tom Fulery with other countries, but I think it's become a little difficult for him you know basically going horizontal on the supply chain and what I mean by that is You know, you got to ship the chocolate bars Ghana's extremely hot And they don't hold up very well So it's quite expensive But it seems like it we were talking yesterday, you know wheat's getting hit Corn's getting hit. So we're just gonna kind of continue to see these kind of things go up We'll talk a little bit some interesting stories of Czech fraud and I'll talk a little bit about the Fraud that was going on during a COVID-19. There's a lot of relief aids stolen and wasted So this is from fortune. This is Czech fraud has gotten so rampant that the postal officials are warning Americans to avoid mailing checks Excuse me. Czech fraud is back in a big way fueled by a rise in organized crime that is forcing small businesses and individuals To take additional safety measures or to avoid sending checks through the mail now I actually know a little bit about this From from the cultural perspective not of course, I don't know anyone who's doing checking fraud or anything But there's a very popular Like subset of music and kind of I would suppose you'd say like internet culture And they call it they call it scammer wave Okay, and it is just these guys are they're making songs about how they're scamming people and explaining how they're doing it Or they're making videos On tiktok and YouTube and Twitter of how to Effectively scam people whether it's checking fraud whether it's identity theft whether it's you know just plugging in something you buy online To mess with an ATM machine This is like a really I mean it's a small portion, right? But of the society, but it's very loud and the People online who are in that corner, you know, there's a substantial number of them Banks issued roughly 680,000 reports of check fraud to the financial crimes enforcement network last year that's up from 350,000 that's insane Reports in 2021 meanwhile the US Postal Inspection Service reported roughly 300,000 complaints of mail theft in 2021 more than double the prior years total early in the pandemic government relief checks became an attractive target for criminals The problem has only gotten worse and postal authorities and bank officials are warning Americans to avoid mailing checks if possible Or at least use a secure mail drop such as inside the post service Excuse me post office Meanwhile as the cases of fraud increase victims are waiting longer to recover their stolen money That's wild to me and you know that the sad thing is to like yeah I mean they banks will like back this but really these people are like Victimizing other people who are in their same position. You know, they're just taking advantage of you're like their fellow their neighbor It's just like the worst kind of thing that can happen. You know It's very sad on that topic though with all of the Relief relief checks being targeted by criminals. I thought this was another super interesting Paper or at least an article excuse me from the AP and this is they're titling this the great grift And how billions in COVID-19 relief aid was stolen or wasted Fraudsters use social security numbers of dead people and federal prisoners to get unemployment checks They collected those benefits in multiple states and federal loan applicants weren't cross-checked Against a Treasury Department database that would have raised red flags about sketchy borrowers It still blows my mind that that I like the Using the social security numbers of deceased people. I mean that was a big news story like years ago And I'm so I'm surprised that still goes on and I guess you don't have to check with the federal government that someone is past I'm not really sure how that kind of works but it's insane that they're able to do that and the the the people in prison, that's just a shame, right? Criminals and gangs grab the money But so did us a US soldier in Georgia the pastors of a defunct church in Texas and former state lawmakers I mean, obviously, these are all criminals, right? Associated Press analysis found that fraudsters potentially stole more than 280 billion in COVID-19 relief funding another 123 billion was wasted or misspent Combined the loss represents 10% of the 4.2 trillion that the US government has so far dispersed In COVID-19 relief aid That number is gonna grow as investigations dig deeper. It's just nuts to me. This this whole thing is insane. I Mean 280 billion dollars is really intense I mean really, I don't know. Let's see an 837 billion dollar IRS program For example succeeded 99% of the time in getting economic stimulus checks the proper taxpayers Nevertheless that 1% failure rate translated nearly 8 billion going into ineligible individuals And you know, I mean, this is really just a massive waste. I mean 280 billion dollars can obviously go quite a long way However, the government decides to spend it, but it's you know better Than then than giving it to fraudsters We're talking a little bit about growing cells earlier We have here a upside food secures the USDA approval for its cultivated meat So they're growing meat on like silicon lattices and you can eat it. It's you know, they told me it's good California's upside food said on Wednesday it received regulatory approval from the USDA for the label on its cell cultivated chicken Making it the second company in the United States to secure their approval Several companies are seeking approval from US regulators for cultivated meat and fish products hoping to appeal to customers concerned about the environmental Impact of raising livestock for food. I don't know. I mean, it's it's certainly Listen, right like so there is evidence I suppose, you know, I mean obviously we're cutting into fishing supplies The way they raise chickens is kind of weird You know, I say that euphemistically and There's people say that, you know farming cows contributes quite a bit to CO2 or excuse me to methane production I still think that The way you're gonna have to win over these people and the difficulty of doing so to get them to eat lab grown meat The thing is it doesn't look like normal meat, right? I mean obviously it's it's it's grown on a certain structure, right? And it kind of holds that structure and I think you're gonna have an uphill battle a little bit I mean, maybe like in a generation or two that will be a little bit better Or if they force it to be the only other kind of alternative, right? But we're getting in a period now where you know Animal, you know farming essentially, right? It's taking a turn to where you know, you're you're They're healthier, but there's not as many okay, and I think people are Adjusting themselves to maybe eating less meat that is raised more ethically and therefore is perceived as healthier Which I'm sure it's definitely healthier And they would rather do that reduce the consumption than eat lab-grown meat But well, you know, I may be I may be a little advice on this folks. Stay tuned. We'll be right back Are you looking for a way to consistently add winning trades to your portfolio? 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You're seeing a little bit of a pullback right now Still up a little bit in the NDX and the cues were down just a second ago But seems you're moving a little bit up on that the Russell's obviously down Still at 1.45 percent and cues up same 0.21 and the the YM down almost a full Percent here. So we'll see where we close we close below the 14 9 level in the NDX So stay tuned for that the dollar doesn't really know what it wants to do. It seems so state you know again pal is still saying that Inflation is an issue And he is still saying that there are going to be continued rate increases, right? I think the only thing that's stopping him from going harder about it Is he doesn't know how the credit tightening's gonna affect the market, right? But that comes from the banks. So No, we'll see For our little science tour for the day This is interesting. So they cut off rhino horns. Okay in order to stop poachers from killing them To sell on the black markets it turns out that this actually might harm them in other ways cutting off rhino horns to prevent poaching Makes them home bodies very strange. You never know what's gonna happen with mother nature. You try to do something You try to make something a little bit better or prevent it and she comes back with something strange like this It says here when rhino poaching reached a crisis 2014 they essentially started sewing off the horns Making the animals roam far less widely and presumably interact less with other rhinos. We might get some sad rhinos from this Discovery reported today in the proceedings of the National Academy of Sciences raises important questions says Michael Knight chair of the International Union for conservation of Nature's African rhino specialist group. Wow, that is quite the the name So the black rhino which lives only in Africa is critically endangered only 600 remain It's also happening too. So let's see here. This is what they're doing. It's used in Chinese traditional medicine say Fetch up to $65,000 per kilogram. Wow You know, it's also that elephants are being born more and more with smaller tusks. That's quite a weird Kind of weird world, huh? Oh, thank you so much for joining me. We'll be back tomorrow Thursday Tom will be back Tuesday. We are closed Monday along with the NYSE. Thank you so much folks Building wealth trading in the