 The Morning Markets Kickoff with your host Tommy O'Brien Welcome everyone. This is Jacob Schup fill in in for Tommy O'Brien This is the morning market kickoff, but it's happening at 2 p.m. It's like a kind of like a breakfast all day kind of thing here at TFN also going forward this time Obviously Tommy still has is still doing the dynamic slot morning market off all of that But I'm thinking of doing a show too at 2 p.m Not entirely sure on that yet, but if you guys Want to hear anything in particular? You know you got my email jacob at tfnn.com You can call our numbers just leave a message and tell me if some things you'd like to hear if that Materializes in any way. Let's take a look at what we got going on right now in the market We have the ES mini off about point three seven percent today. So we look at this on the daily So we started off with the open and then really on some significant volume at least on the daily To the downside here CPI is coming out tomorrow, and it seems like some people are a little bit nervous about it We'll talk some more about that going forward And then there is a legitimate conversation going on right now of what if the Fed doesn't see the Numbers that they need to see to lower rates, you know what happens then You know it remains to be seen what it looks like it. I mean rate hikes are definitely off the table even for May I think people were eyeing a June rate decrease but Mains to be seen and we're waiting for the CPI report. That's on Wednesday. We have the Russell off It's mainly sideways off about point zero five percent at the NQ's off point two one percent The gold contract up nearly half a percent right now trading at two thousand three hundred and sixty four Don't talk a little bit about that Costco Apparently is selling something like two hundred million dollars worth of gold Monthly and that's where Wells Fargo estimate we talk a little bit about that going forward We have silver still staying strong up about twenty eight dollars and that's the silver futures contract And then of course we have copper still lower than 430 so we were yesterday But trading at four dollars and twenty eight cents contract. That's awesome Again, you're kind of seeing this with the metals this morning and really everything this morning kind of some big sell-offs at the open Kind of trying to recover, but we're not seeing it We'll have to wait to see what goes on at the end of the day Of course Tom will be on right after this crude oil. We're at eighty five twenty one. So somewhat down today However, there's some discussion that Mexico may be reducing the amount of oil they're putting out, right? And I believe they're involved with OPEC plus So that's gonna also of course Drive some higher prices in the oil market the gas market people in California paying Above $5 a gallon and so we're entering territories that are a little bit more expensive, of course off from that kind of $97 mark we were seeing late last year Tesla up 1.7 percent today 175 97 steel dynamics off about 1.5 percent trading a 145 61 It's going on with this put on the yearly Still again, this is what I was kind of discussing yesterday You know you have a big leg up here with high volume and then just kind of ascending on at lower volume But this stock tends to do that right and a lot of times when you see kind of retrace back You say well, that's kind of setting up for lower prices, but we haven't seen it do that and it's made that kind of Movement multiple times in the recent past and we've never really seen a pullback in steel dynamics The dollar DXY trading at 104 15 qqq's at 440 10 Google 157 57 we'll talk about them as well. They have some interesting stuff coming out in the realm of AI Metta at 512 68. Wow. Look at that Really quite a jump on pretty significant volume as well Disney at 118. They're actually Able to suspend the ongoing lawsuit They have with the Florida government as well as part of some of the business deals that they're doing or at least how They're trying to transition. I'm not sure when that picks up again We can discuss that a little bit going forward and then Apple of course up point twelve percent Let's take a look today at blackberry Some big moves up 5.73 percent To never to expect from this company here Let's take a look at why that's happening and it's they're developing a partnership with AMD And this is for robotic systems So the shares jumped today after the Canadian company teamed up with advanced micro devices to roll out a platform That will enable better robotics capabilities for the industrial and health care industries The collaboration announced at the embedded world conference at Nuremberg, Germany will use blackberries o and x platform The company which now generates revenue from its cybersecurity offerings, which is interesting and licensing software to a range of sectors I struggled to grow in the recent years and why listed stock down 13 percent year to date compared to 9 percent rise in the benchmark That's P500 regardless. It's interesting to see it move out I know this was a meme stock a few years back as well something to do with their satellites But if they can get into obviously, you know medical robotics This is a huge thing. I was speaking with a friend of mine. He works for Rockwell automation In this well, I'd whatever he works for them and One of the things that they're getting into now is something called R double a s right which stands for robotics as a service and the idea is that Certain companies not saying Rockwell does this but certain companies in this sector essentially are buying Pretty advanced robotics, right? And so we see we've all seen the videos online of like Boston Dynamics and they have the spot robot which are being used in military and law enforcement applications. They look like little dogs running around and They also have more humanoid robots as well And these things are actually extremely impressive. So the idea is you get these larger companies everything Everything today is is as a service, right? And this is part of this kind of hyper specialization theory, right? Why myself as a company? Do I need to buy a bunch of robots when I can just kind of rent them out for some long period of time? And they're they're being utilized these robots in manufacturing settings And it you know, that seems like some hyper sci-fi stuff, but I mean you look at some of the stuff Let me see if I can actually pull it up like Give me one second Okay Uh All right, so this is like the spot robot, right? We've all familiar with that. You've probably seen them on Facebook or whatever But you can these things are you can adapt a lot of things to them Okay, so this has some kind of vision that I can see with They'll use these military applications. Um, and then they have ones with arms as well and these arms articulate Uh, the AI and these things it's really impressive. It can See what's going on. It can make correct decisions a pair of things you there is a There was a big one with chat gpt robotics and they're asking the thing They put a bunch of items in front of it, right that were somewhat related to each other Uh, so, you know, you had some fruit like a pear or maybe a ball and an orange And then you had forks and maybe a spatula so on and so forth, right? So you were getting Things that were kind of obviously the same shape and some that were it within the same category, right? You had fruits, but the ball is the same shape to say like an orange And it was able to pick these things out and that seems, you know, kind of rudimentary But that's how learning begins, you know, and so the idea that we're going to have these You know, kind of real life like robot applications in Industry soon and really manufacturing is is really amazing. Obviously these this is for like law enforcement applications But you can see kind of the articulating arm here Pretty interesting to say the least. So anyways, it seems like blackberry is getting into that as well Obviously that's just for an operating platform, but regardless Very interesting you take a look at lucid quickly as well. Give me one second Okay, folks. Stay tuned. We'll be right back This is up 3.2 percent today. That is lucid the deliveries. Uh, we're not great, but exceeded expectations So hey, what do you want? We'll be right back If you spend any time online researching trading techniques on how to begin your trading journey You've no doubt come across many folks who push forex trading as a way to make big money quickly Unfortunately, there are equally as many stories of these so-called forex professionals Just looking to make a quick buck off aspiring traders without actually teaching the ins and outs of the forex market This is what sets teddy kek stacks the tiger forex report off the riffraff Every monday former chicago mercantile exchange member and author teddy kek stat releases his tiger forex report newsletter Where he dives into the complex world of forex and takes time to actually teach you his methods That have made him so successful in the fast-paced and rewarding world of forex trading Furthermore, all subscribers receive access to archived live streams of teddies where he provides university level education To help you in forex trading all first time subscribers receive a 30 day money back guarantee So what are you waiting for forex awaits? 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 obrien publishes his weekly gold report every monday morning for subscribers Consisting of coverage of the xa u 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 so you have nothing to risk subscribe To tom obrien's gold report newsletter now at tfnn.com The stock market is a delicate interconnecting web of commodities equities and trader psychology When one string of the web is pulled it has a ripple effect across the broader market This is where opportunity lies But how are you to gather all of this information into one cohesive model when you're already spending your energy looking for any possible trade opportunities? Luckily, you don't have to worry about that As tom obrien has brought all important market news to you in one single newsletter market insights Market insights provides a daily overview of what's happening in the indexes bonds gold and more Follow along with tom daily as he analyzes the components that affect the overall movement of the stock market Giving insight into how each one plays either a bullish or bearish role tom also analyzes specific equities that he believes has the potential to make huge returns And his track record proves his analysis right All first time subscribers receive a 30 day money back guarantee So what are you waiting for? Don't let the market leave you in the dust Toll free at 1-877-927-6648 internationally at 727-873-7618 Welcome back folks. This is the morning market kickoff in the afternoon with jacob shoot filling in for tomby obrien You know guys the um the eclipse was yesterday. It was really cool. I don't know if you guys got to see it I was able to actually go down there Out on the street is some guy actually had the glasses. I had never seen it before Here are some of the pictures that they had on the Some of the websites it well. Hey, wait a minute What is that? Do you guys see that? Larry live trading fridays could give me a second here. Let me go to tfnn.com real quick Uh, no kidding check this out Front page guys right here. Larry live trading fridays. This is insane. This is starting this friday guys Okay, all right. So this is every second and fourth friday of the month It's going to be from 9 a.m. To noon eastern time. All right, you come in there. It's going to be in the den We have your own room. We're going to get all set up. We get you set up and you don't have to do anything All right, you're going to come in there and you're going to stick around with larry He's going to look at a potential trade opportunities and you just sit back and kind of fall along with it And it uh, it's it's going to be super interesting. I can't wait We already got to sign ups and i'm really looking forward to it And I believe we're actually with uh larry pesavento right now larry. How are you doing? Hey jakem. I'm doing just fine. Thank you for the introduction. I appreciate looking forward to it. I like trading live I've always uh, uh tried to do that occasionally But now we're going to do it sort of a regular basis people have been asking for it The main game is to make some money do a little teaching along the way But it's very basically to show that uh pattern recognition does work It doesn't work all the time But that's what we're that's we're going to try to show the folks and we'll have a lot of fun There'll be some free gifts along the way But we're going to have a great deal of fun You're doing a good job as a radio announcer buddy. Yeah, thank you. You're trying to learn here That's trying to learn a little bit, right? Well, I want to talk about this too because you know For anyone who's attended the webinars before like one of your webinars Um, you know, you do a lot of this in the beginning, right? You have the portions you let them run the entire time and you have some kind of other education So this is really going to be that in almost like a condensed way. You know, um, if you've never attended one of larry's webinars They're phenomenal, right? You can always buy them. We always have them archived But this is one of the things, you know, you kind of tend to do in the beginning larry and uh, at least for me You know, I sit there and moderate the the chat rooms for the webinars and everything But but it's always super engaging. I would say, you know, you know, what we kind of do is you sit there You run through everything you call it out and then we kind of um, you know We keep track of it within the den and people fall along. It's a great time every time I would say That's right. They throw vegetables rotten vegetables if they're bad trades and they throw fresh fruit if it's a good trade So that's pretty much how it works. That's right. And so we have this this friday um, that's going to be From 9 a.m. To noon. I think this is going to be fantastic. I'm really looking forward to it a lot of fun I'm looking forward to is there anything if you could say is there anything in particular looking at right now? Sector-wise you kind of tend to look more with just the ratios, right? Uh, yeah ratios and patterns. I really don't care. I know I watch uh, you know interday, you know Three or four days that gives me the patterns that I need to look at longer term, of course I I think we're in some type of a topping mode here in gold somewhere between 2300 and 4300, but I don't know how much higher it's going to go from where we are But it certainly could I'm also a real critical level here in crude oil We're going to have Mike Moore as our guest tomorrow Because we've got crude oil gasoline and heating oil with really mixed signals Which should be interesting to watch and then of course we got the grain markets We're having some sell-off in the grains, which is what we want to see and uh, those are the those are the things that make for You know good trading at least good trading opportunities. They don't always work as we as we say, but uh, They do work. Okay when they do work fantastic. Well, Larry we're really looking forward to seeing you That's going to be this friday april 12th and we'll see you tomorrow for your show Thanks you very much. You're doing a great job. You're a little mini Johnny Carson. Yeah, buddy. Thank you. Larry talk to you soon All right. Thank you folks. Thank you very much folks. Bye. Bye Donna So that's right folks. Just go over to the home page of tfnn.com You can see it just right up there when you're signing up for this you go ahead and hit subscribe if you already have an account You give this second load you already have an account you click this here Okay, I already have an account login regardless you pop in right here at the promo code area Larry live Right there that gives you 50 bucks off now This is for the first month only and that stays with you for the entire time that you're subscriber to the service All right moving forward. I don't know that that regard I was looking at the transition that picture um You know, this is where the real editing comes in guys, you know Regardless let's move forward. We're talking about lucid. Uh before we went to the break um So regardless the okay, we've been talking about how the ev Industry is is kind of facing some problems, right? Just demand is lower We're talking about how ford is kind of pulling back a little bit from it and kind of changing their approach and everything Uh, well lucid's first quarter deliveries were above market expectations um In what does that mean right? Well, I believe the kind of expectations for lucid in general were low, right? I mean, this is the stock of trading at you know $2 72 cents. Of course, you had about 3 pop today The estimates for deliveries were about 1745 and they handed over 1967 Okay, that's that's good. But on the long term is lucid competitive I I still think we've we've seen for a long time that they're they're not right now, right? So lucid in february had cut prices for its flagship aresadans by 1 percent to 10 percent to support demand At a time when consumers are rethinking ev purchases and turning to more affordable hybrid alternatives due to higher interest rates Riving automotive, of course beat expectations as well. But the overall demand is still an issue Let's look at this here I see and so this is something to really look at so they made 17 1728 vehicles in the quarter ending march 31 below the estimates of 2123 And compared with 2039 at the proceeding three months. So we are seeing a contraction of market Of course, I think lucid has its own unique brand problems that that aren't entirely Indicative of the ev market as a whole but we are seeing from companies like tesla and ford Kind of trying to restructure especially when you're trying to compete with with chinese companies Which I think personally was one of the big You know reasons for for what yellen was saying right so there's like overproductive capacity that china has How they're not going to allow china to flood, you know markets Especially nascent markets with their goods In america it remains to be seen I think today as well China had Hosted one of the finance ministers of russia And they were referring to quote-unquote foreign interference in business Which a lot of people were taking as you know as a suggestion of what yellen was saying So we'll have to wait to see of course they have a big Kind of event occurring in san francisco later this year About evs in china's place in that market We can take a look as well at maderna. Now. This is super interesting. Well. I'm already looking at it We're up 6.29 percent today And this is actually from a cancer vaccine That it will be unique from person to person. This is crazy from head and neck cancer So let's take a look maderna shares rose 8 percent today after a company's individualized cancer vaccine Developed with merck showed positive responses in early stage trial in patients with a type of head and neck cancer The vaccine is designed to train the immune system of the patients to recognize and attack specific mutations in cancer cells Uh, this was showed in a treatment with melanoma in a mid-stage study as well And this and folks this is really like I think what the future is going to be right You can almost even see like an evolution of like war, right? Like you have this big scorched earth policy, which you know the way I look at it is like What chemo would be in cancer and then you slowly get to these more, uh surgical kind of like task force ideas and something like This right which is going to individualized mRNA Vaccine for cancer that will teach the body to attack these cells and not allow them to reproduce Is uh is unreal. I mean that's pretty life-changing folks. Stay tuned. We'll be right back Tigers we have some exciting news Live trading fridays are here Join larry pesevento every second and fourth friday of the month 9 a.m. to noon eastern time as he places short-term trades and gives insights into his strategies That's right. That means the first live trading fridays event starts this friday april 12 Make sure to sign up so you don't miss the potential for huge gains If you've attended larry's stellar webinars before you'll be familiar with the live trading portion live trading fridays will be strictly this portion That's three hours of pure trading all trade positions will be communicated clearly And all questions will be answered in a timely fashion during these live events When signing up make sure to save $50 by using code larry live at checkout This code is valid only for this month and the discount stays with you for as long as you're a subscriber to the service So don't delay Sign up sit back and follow larry pesevento as he places trades live. See you there tigers The stock market is a delicate interconnecting web of commodities equities and trader psychology When one string of the web is pulled it has a ripple effect across the broader market This is where opportunity lies But how are you to gather all of this information into one cohesive model when you're already spending your energy looking for any possible trade opportunities? Luckily, you don't have to worry about that as tom o bryan has brought all important market news to you in one single newsletter market insights Market insights provides a daily overview of what's happening in the indexes bonds gold and more Follow along with tom daily as he analyzes the components that affect the overall movement of the stock market Giving insight into how each one plays either a bullish or bearish role Tom also analyzes specific equities that he believes has the potential to make huge returns And his track record proves his analysis right all first time subscribers receive a 30 day money back guarantee So what are you waiting for? Don't let the market leave you in the dust Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing Whether you're starting out or scaling up TFNN empowers traders and investors of all skill levels with top-notch investing systems strategies and techniques It's time to protect and grow your money with insight you can trust Join us live monday through friday during market hours for exclusive content that moves with the markets at TFNN We bring the trading floor to you our season hosts are here to answer your calls and questions live on the air Check out the tiger's den for just one dollar and follow us on youtube and become part of our vibrant community And remember at TFNN We're so confident in the value We provide that we are for a 30 day money back guarantee on all new premium newsletter subscriptions and services You have absolutely nothing to risk So why wait tune in live to tiger tv and transform your trading journey because when you know better you invest better Join us and experience the difference today 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 dance tfn.com then hit watch tiger tv folks jakem shoot fill in for tommy o' brian um, i'm not going to spend too much time speaking about this stock but We just take a look at tillery today because it's just such a massive move Uh, I shared my opinions of what I think of these weed brands You know cannabis companies, of course, tillery also has some exposure and alcohol But you know, we're down 20 point yeah 20.2 percent today um Very yeah, I was about to say what a weird lag in that in that chart if this is on extensive volume to uh They're they're talking that they're they're seeing some strength at least in in alcohol So that's their total revenue is about 54 million in that That's up from 20.6 million on a year over your basis still They're they're just missing a lot, you know q3 revenue was terrible for them Anyways, let's move on from that if I can Get this pulled up here I want to talk a little bit about cosco and what they're doing And how they're really benefiting from this gold market rally, which is you know pretty historic at this point 2367 right now we're trading in the gold contract and wells fargo is looking at that They're Estimating at least that they're selling about 20 or excuse me 200 million in gold bars monthly, which is insane Sales to brisk the wells fargo expect revenue may now be running at 100 to 200 million a month A rapid acceleration since bouillon hit the warehouse club late in the summer of 2023 Which I think is so cool that cosco does this that just seems like a cool place I don't know Our work suggests there's been significant interests and costs aggressive pricing and high level of customer trust The accelerating frequency of reddit posts quick online sellouts of products and costs robust monthly e-com sales Suggest a sharp uptick in momentum since loss This would represent quite a move for a product only to be in august generated 100 million sales in cosco So out there, you know wait to kind of see what's going on with that Uh Cosco is selling one ounce bars made of nearly pure 24 karat gold While the price is not disclosed online to non-members It is estimated that the product generally sells for about 2 above spot price Which as of tuesday morning was around 2357 that'd be more than just 2400 Maybe I need to do a little bit of on-the-ground Journalism get a cosco membership and go see how much the gold bars are since they're just kind of assuming that Which is really strange Look a little bit at gm now. I was discussing how gm was kind of halting the robotaxi service They had like an accident that was kind of determined not to be their fault Regardless, they halted it a little bit. I'm trying to wait for my charge to load But we can just talk about this a little bit Now this is cruise the company is starting to begin testing as early as tuesday Say that people familiar with the matter cruise is no timeline for deployment We're in the process of meeting with officials and select markets to gather information And I think this will be needed to see and it's really cool seeing You know, obviously this can be in phoenix as well But they have some stuff in houston austin and dallas as well where it's kind of shaping up that funny enough Texas is becoming a huge kind of manufacturing tech hub, you know, especially with tesla and everything like that right now GM we had a little bit of leg down on light volume. We're training at 44 61 in the meantime Let us talk about intel a little bit Give me one second to pull up what's going on. They're releasing. Uh, well, they're going to start competing Uh, essentially with all these other chip manufacturers, which is pretty wild for them and a huge win I think that intel needs as well So training at 38 17 right now And you know, we want to see some more of these tech companies at least at home, you know, blow up a little bit Right? All the love is coming from tsmc and all these kind of fabs outside of the thing So essentially they've released something called gaudy 3 Okay, this is a new completely new chip, which is amazing. Um, let's talk about this a little bit This is that intel vision 2024 intel introduced the intel gaudy 3 accelerator to bring performance openness choice of enterprise generative ai And unveiled a suite of new scalable systems, which is going to be super important in ai, right? You don't just want to buy a simple thing that kind of you know, obviously can't can't scale up Next-gen products and strategic collaborations. This is pretty massive um So the gaudy 3 ai accelerator will power ai systems with up to tens of thousands of accelerators Connected through the common standard ethernet interesting intel gaudy 3 is about well saying it's about to be four times uh It's going to have four times the computing power essentially from its past one with increased bandwidth, which is massive Um in comparison with navidia's h100, which is kind of like this top of the line training ai processor Intel gaudy 3 is projected to deliver 50 faster time to run On average across lama 2 models with 7b and 13b parameters and gpt 3 17b parameter model Now essentially that's just uh pretty stellar navidia h100 is one of the cutting edges When you're talking about training ai the accelerator allows For shorter amount of time to train the ai and get it to do what you want um In my opinion, I think this is pretty neat to see them go forward with it And you know as more information comes out on this, you know, they're just kind of announcing this But as more information comes out, of course, you know, we'll follow that a little bit as well Let's take a look at google right now training up 0.9 percent Trigate 15 or excuse me 157 in 53 cents and trying to get my notes to load up on it They're developing their own arm cpu ai chips for their cloud server storage Again, this is huge and it's interesting to see, you know, I was just talking about You know How we have this hyper specialization model, but it also seems to like these large tech companies that have You know a bunch of capital or understanding really where this is going right and getting at the point where they're designing Maybe not fabricating, but they're designing their own chips, which is really neat So google is making its own custom armbay cpu to support its ai work in data centers and introducing a more powerful version of its tensor processing unit Uh google's new armbay cpu, which is going to be called axion will be used to support google's ai workload Before it rolls rolls out to business customers of google cloud Later this year and to see that's what we were speaking about as well the other day is when you get these kind of more business and ai's which You know with google's barred the idea of that. I know they changed the name, but I can't remember what they changed it to now But the idea was that it was going to be this personalized system that learned about you and learned what you were doing It made decisions kind of based on that right and so we were also saying that you're going to have a lot of this Beyond the cloud right all the storage of this ai how it's going to learn Past the point of shipment is all going to be stored in the cloud Which is why I was arguing that microsoft is poised really well because azure is so built out and You know they have such good deals with gpt 3 with open ai amazon's interesting The interesting to see where that goes. They might just end up being a You know cloud repository for How you would say like just kind of more random unique ai's that that Companies that don't have their own storage Regardless the axion chips are already powering youtube ads the google earth engine and other google services Which is pretty intense google says customers will be able to use the axion cpu and cloud services like google compute engine google kubernetes engine Which is great data proc data flow cloud batch and more Which is pretty cool to see so i'm waiting to see kind of more of that when it gets rolled out google currently Is that 157 51 trading up 80, uh, excuse me 0.86 percent folks. Stay tuned. We'll be right back Tigers we have some exciting news Live trading fridays are here Join larry pesevento every second and fourth friday of the month 9 a.m to noon eastern time as he places short-term trades and gives insights into his strategies That's right. That means the first live trading fridays event starts this friday april 12th Make sure to sign up so you don't miss the potential for huge gains If you've attended larry's stellar webinars before you'll be familiar with the live trading portion live trading fridays will be strictly this portion That's three hours of pure trading all trade positions will be communicated clearly And all questions will be answered in a timely fashion during these live events When signing up make sure to save $50 by using code larry live at checkout This code is valid only for this month and the discount stays with you for as long as you're a subscriber to the service So don't delay Sign up sit back and follow larry pesevento as he places trades live. See you there tigers In the world of trading only a few names stand out like larry pesevento a pros pro with over 50 years of experience larry has seen it all a former chicago mercantile exchange member larry has authored 10 books and trained over 1,000 traders with his unmatched expertise Introducing fibonacci 24 7 larry pesevento's daily trading service that turns the complexity of markets into opportunities Published every sunday receive a comprehensive report packed with detailed commentary charts and videos that illuminate the patterns shaping the markets With updates throughout the week exclusively for subscribers Whether through charts or videos larry's analysis is your roadmap to navigating the markets You can sign up now at tfnn.com for just $97 and with all tfnn newsletters backed by a 30-day money back guarantee You have nothing to risk for all the details visit tfnn.com. 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We all knew about this. We all know about it. We've heard about it One of the covering components for the turbines on the side of the engines completely blew off yesterday Which you know definitely got its round on the internet Obviously not good for it and then today it's uh Here we go. I just want to This is what we're talking about I'm not going to play the video if you didn't see it. This is what happened This component completely ripped off. Which is nuts Uh, and then furthermore what's going on is that their quarterly airplane deliveries Thanks quarterly airplane deliveries dropped 83 Amid this whole thing right and this article is just talking about the door plug, but it has a ton of other issues. There's All the reports coming out saying that there's you know loose fastening everywhere It just seems like they're rushing kind of production on this Let's take a look. So the deliveries dropped in the first quarter the lowest number since mid 2021 Which is crazy because that's like hot time You know a pandemic era stuff Mid 2021 is the company faced increased scrutiny after a door plug blew from 737 max 9 The company handed over 83 planes in three months ending in march 31st Most of them 737s compared with 157 in the prior quarter and 130 planes in the year earlier period. Excuse me Yes You're earlier period when fun way to say that solely in march bowing delivered only 29 planes Airbus said that it delivered 142 in the first three months of the year 63 of them in march Bowing customers are still ordering new jets from the manufacturer Which along with airbus dominates the large jetliner market company logged orders for 111 for new planes last month when stripping out two cancellations 85 of them 737. Okay still I think that if more Information comes out right like the government is not going to like really come in and and audit everything that they're doing Um, that there's still going to be issues. I mean the question is is like this is happening all once which is weird Right, but it's happening all at once. It's not going to stop because it seems like Baches over a period of time. We're being incorrectly built You know, um, it's only a matter of time before something like seriously goes wrong I would say I mean obviously the air the door blowing off is is seriously wrong But you know, I'm talking like critical failure and stuff, um, which was a surprise. We haven't seen Recently, I know a few years ago that that had happened with some bowings But but still it says here as well CEO David Calhoun last month announced that he will step down By years and bowing also replaced its board chair and head of its commercial airplane unit Which I think is the only way that it's going to kind of try to save face going forward All right, so you look at crude oil and kind of what the future of this looks like Uh, trading at 85 25 right now, of course the high that we had on the yearly was 9503 So still about 10 bucks under that right now But uh, Mexico's state energy company Pemex is planning to cut at least 330,000 barrels per day of crude exports in may Obviously, that's going to be rough for asia united states in europe The plan falls withdrawal of 436,000 Excuse me 436,000 barrels per day of maya isthmus and olmeca crudes this month ordered by Pemex To its trading arm pm i commercial international This is all in an attempt to make its domestic refineries and its targets energy self-sufficient You know, we're going through a period right now So, okay, let's just look at this here quickly though. Pemex exported 1.03 million barrels per day of crude last year And 945,000 january and february. So from that 1 million, you know, that's roughly, you know, a 33 percent Decrease that they're going to see which is pretty intense. I would say And then you also have the us being kind of serious about this and what it could mean You know, especially at a time where we're trying to keep general cpi lower And this is so interesting right because What we're going to talk about right now is with the conflict between ukraine and russia But you know earlier on the us have been putting You know kind of barriers of trade against against russian oil, right? And they were talking about potentially sanctioning countries that were buying russian oil So now ukraine is targeting russian refineries, right? And this is all just, you know, I guess part of war whatever But they're targeting russian refineries and the us is now having to urge this has happened two times now Where the us had to urge ukraine to halt the strikes on russian oil refineries In the event that it disrupts global oil markets, which is pretty intense Especially considering that again the us was trying to stop russia from getting its oil elsewhere and really in reality What I could see it doing is that it it was putting these sanctions on russia And so it forced russia to sell their oil at a really great discount, right? And kind of make them lose out money and that's just kind of part of the game, I guess right The repeated warnings from washington were delivered to senior officials Both intelligence units have steadily expanded their own drone programs, which was happening this Russia remains one of the world's most important energy exporters despite western sanctions oil prices have risen about 15 percent this year To 85 a barrel pushing up fuel costs Just as everyone's trying to decrease fuel costs as well But it's interesting to see the us kind of be like hey, man, like I know we're putting sanctions on it but I think The government still knows that that oil is getting out here somewhere and at a discounted price So It remains to kind of be seen what goes on with that if this war continues to escalate You could have kind of major issues going forward Obviously, they're already extremely major issues And oil is the least of those worries, but regardless It's just a kind of interesting part to learn about right things people don't always think about with it All right, let's talk a little bit about some crypto stuff here You have the halving this year on 420. Okay, so that will be in bitcoin. Bitcoin's hovering around 70,000 Deutsche bank came out with a poll that they had given their clients And surprisingly 38 of them saw bitcoin closing at $28,000 this year, which is an insane pullback. Okay But and we do see this sometimes right? We've seen it historically where you have a halving go on or it gets a lot of interest And then you get a massive sell-off because people Are just trying to take profits, but I would argue that times are a little bit different right now. Okay, you have now institutional acceptance of bitcoin to an extent With these lever, excuse me with these ETFs There's more discussion going forward about derivatives of those ETFs And derivatives of movement of just the the baseline asset or currency in the case of bitcoin In general and so, you know, there's some serious movement around this I think you have a lot of fighting right now for liquidity Especially with these large institutional investors and more and more people are becoming familiar and warming up to bitcoin Essentially because it stayed here this long, right? And it was definitely an underdog for a long time people like this is going to end this is going to crash And of course that kind of argument Was easily made especially when you were seeing all these kind of alt coins Getting totally rug-pulled and people losing a bunch of money, but we haven't really seen that with bitcoin And so I'm not sure where Where most of you know, I say most but like 40 of deutsch banks clients were getting that from But regardless, it's it's kind of interesting. We can talk a little bit about theorem as well Theoriums, which is really the main competitor To bitcoin as well at least in the the cultural sphere Theoriums revenues skyrockets to 1.2 billion in q1 of 2024, which is 155 year over your growth Pretty insane. We can talk a little bit about that when we get back stay right there 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 Many trading newsletters attempt to focus on a narrow set of equities or commodities While this works for some it oftentimes misses many opportunities that possess huge gain potential But how is an independent trader supposed to scan the entire market looking for these hidden opportunities? 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There's no catch 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 Catch Tom O'Brien professional trader and educator founder of tfnn also a special guest on cnbc Tom will bisect and dissect the markets the Tom O'Brien show next on tfnn Welcome back folks. We're talking a little bit before the break. Ethereum's revenue skyrocketed 1.2 billion To that point in q1 2024, which is pretty nuts Let's take a look here during q1 ethereum's network registered over 107 million transactions and witnessed the creation of nearly 90.7 million new addresses, which is awesome. Obviously that indicates Increasing user engagement, which is phenomenal for any business Total value locked surging by over 1.8 times compared to the previous quarter Along with the generation of more than 4.8 million nft's pretty nuts And there's some indication that I I actually tend to think this as well That ethereum is really going to outperform bitcoin. It might not be soon. It might be a few years, but I think it's poised You know to do that kind of more than anything else we could take a look at how Blockchains can be used just in day-to-day life We're talking about how china is going to try to employ a blockchain for its international business, which is pretty cool This right here. However, it's also interesting and this could be used for anything You know, obviously this is china. So you take that what you will but I mean, I could see something like this Everyone argues about things with you know voting or whatever Blockchain can be kind of a cure for that, right? So the china is going to verify citizens identities with new blockchain based platform Super interesting blockchain technology will use to verify the real name identities of china's 1.4 billion people According to announcement from the blockchain based service network. China's national level blockchain initiative The real d i d service launch will enable users to register and log into websites anonymously Using d i d addresses and private keys ensuring that business data and trash transactions remain disconnected from personal information Which is super cool, especially when you're doing something like kind of tallying or voting or something like that State media says there's an enhanced credibility to enable public supervision regardless The point i'm trying to say with this is it's not just about these these coins, right? You can have blockchains that don't have anything to do with coins. You can do a business politics Whatever you want folks. Thank you so much for joining me. I'll be on with you tomorrow at 9 a.m We have tom o brian coming up next. Have a great rest of your day The stock market is a delicate