 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 Alan Homassasa. Hey Al, what's going on? Isn't it wonderful? This gentleman here with the gold report might be for the market fell apart, ended up with P-A-A-S. We have a 98% gain in the year. And I mean, we want 99% proof like Irish whiskey, but we had a good gain there. You always told us to do what we feel comfortable with. And if I lose a little bit of money on the table, I will, but I know that I just pocketed $8,000 or $9,000 for two weeks. That's a beautiful thing, man. Now, Tom O'Brien. Welcome, folks. This is Jacob Schupe, filling in for Tom O'Brien. Happy New Year, everyone. It's nice seeing you this early in the year. I hope it was good for everyone. It was nice here at TFNN. Let's take a look at what we have going on today. We have the ES-Mini down about 0.65%. We have the Russell down about 2.32%, after quite a big run-up. The week's proceeding, Christmas holiday and New Year's. NQ's down about 0.89%. The Dow futures down about 0.59%. So we have gold taken down here about 1.29%. Let me see here. The dollar actually on the way up, we were looking at a down target of 99%. The DXY, that was going to bring some very nice buying kind of energy into the markets. Well, we're seeing the dollar kind of move back up. Of course, the 10-year note, the yields went up a little bit today as well. We have still dynamics to talk about them a little bit. Their trading at 1.1935 went all the way up about 1.20%, even a little bit higher, if I remember. Let's take a look. About 1.28, and that was December 14th. So I really think that we're gonna see a big year for steel. Obviously, we had everything going on, with nip and steel, buying US steel. This used to be a lot of demand going on. Of course, we have the, what do they call it, the Inflation Reduction Act that was passed by the Biden administration. That's going to, not really sure how that results in less inflation because it's higher government spending, but I, anyways, the point is, is that a lot of steel is going to be being purchased going forward. I think the same for copper as well. We see if we have the copper contract. The futures here are trading about $3.87. Take a look at southern copper as well. This has done quite well over the last month at least. Really even earlier this year, we had a high of $88.40, just trading down a little bit at about $83.80 right now on less volume than we got on the movement up. I'm personally looking at copper. I think it's, I think we're going to see some good stuff moving forward with it. Disney were trading at $91.70. Apple will talk a bit about them. Trading at about $184.43. Had quite a move down from $199.62 in recent times. Tesla, of course, down 3.58%. What's going on with that? Well, Tesla did actually pretty well last quarter. However, I think there is some sentiment that EV sales won't be as good this year. In fact, I think that's a general sentiment for cars going into 2024. It was a really good year for new car purchases last year. So we might see some kind of declining demand. Tesla's been able to really navigate what's going on in China. They've offered cheaper cars and this kind of resulted in more people purchasing them, which is really good. We have a lot of EV competition, namely in China, you have BYD. That did surpass Tesla in battery electric vehicles. And we might see that going forward. Rivian is doing very well on topping their production forecasts. Excuse me, they're just production in general and the forecasts are looking good as well. Again, for me that is not, the major thing with Tesla is not necessarily selling these cars. That's huge as it is currently. But it's gonna be the software that they use in order to kind of achieve self-driving capabilities, which I think is really the big appealing thing behind Tesla. Take a look at Apple. They had basically declining sales, some issues in China where they're not selling as much of their phones there. Chinese government officials need to buy Chinese made phones. I think you had something like 100 billion wiped off. It was actually pretty intense. 100 billion market cap wiped off. That's more than four in GM's combined. That's the lower valuation by about 107 billion. So again, this is just kind of on lackluster, just performance essentially, right? I think less people are buying Apple abroad. Apple still dominates. One of the things I wanted to talk about too with Apple and it kind of ties into what I like talking about with IT security and stuff like that. Kaspersky, which is a major cybersecurity analyst kind of firm, they were able to find actually a new vulnerability in Apple devices. This was released about four days ago. It's called TriangleDB is the name, at least the colloquial name they've given for the CVE. Essentially what's happening is inside the ARM CPU of the Apple phones and really all Apple devices, there was like a hidden registry that existed. And this was like unknown to anyone obviously outside of Apple and probably unknown to people outside of the dev team. Essentially if you knew the hash for this, you could basically get kernel level, kernels like the most basic level of the operating system. You were able to just basically pull and add to memory. And what this was doing is essentially allowing people, hackers to access all capabilities of the iPhone. So recording, whether that's voice or video, able to send text, able to essentially just do anything on that phone, which was allowing essentially other forms of attacks to happen. Of course, you had Pegasus earlier this year that was developed by NSO Group. Anyways, long story short, there are some actually extremely fundamental issues with the ARM CPU. So this is a vulnerability that is basically built into a lot of these chips. And obviously you can go probably into like tinfoil hat area regarding this kind of stuff. But I think the biggest issue that this presents is you have a lot of major cybersecurity firms, especially like Cisco who use Apple products because they're viewed as being extremely safe. Of course, when you had the San Bernardino tragedy a few years back, the Feds were trying to get into the phone with some kind of back door and Apple said they didn't have one. This is kind of something that looks like it would be a back door. You need to know what you're putting into this hidden registry, but once you do know what it is, you can just get full access at people's phones. This vulnerability was really instrumental. And again, what I was talking about with Pegasus and on a broader scale, what's called zero-click vulnerabilities where the end user doesn't need to do anything. They just are sent some kind of payload and the whole chain of events occur and the phone is then compromised. I would assume in some sense, they'd be able to do something to kind of patch it, but the problem is, is that it exists on the hardware itself, right? This isn't like a software thing where you just patch it. I would suppose maybe they could create something that would, in the software like a new iOS update that would kind of block access to that hidden registry, but regardless, it's a very glaring vulnerability. And this only came out very recently and is kind of being suggested as the cause of a lot of breaches that Apple is having on their phones. Folks, stay tuned, we'll be right back. ["Bond Market"] 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. 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In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas. Interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well. So it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. Welcome back, folks. Just a quick little break for us there. Give me a second to pull something up. I was reading on the break more with Copper. And I think it's again, like this might be a slow year for EV production, but Copper is going to be used in all of this manufacturing in a way greater amount than it had in the past. That's something for me to research. A little bit later, let's take a look here and I wanted to pull up what happened with Bitcoins. There's a lot of talk going on with new Bitcoin ETFs about to be released. However, you just had about $400 million worth of Bitcoin liquidated, just like today. It was insane. So what's going on with that, right? There's some conversation that the ETF passage, that BlackRock wants to do and so on, may not be accepted, right? Now this is like where you get to this weird kind of, people can be like neurotic online about certain tidbits of information and news. And so this kind of spread in the crypto circles recently and this is what a lot of analysts are attributing, essentially to this massive leaving as exodus out of Bitcoin. But we'll look at it a little more on here. So the likelihood of ETFs passage became less and less likely and the market saw a stalemate, weakness in crypto mining stocks and the sell-off in several crypto related US assets also reinforced market skepticism. I think that there's still so much money being added into it and we've seen a lot of things that the SEC is trying to require are some of these major funds. I think it had to end like December 29th but a lot of these requirements that the SEC was putting out have been being met. We can take a look here of this from an article from CoinDesk, let's take a look. So the Bitcoin ETF looks very likely given these bureaucratic SEC steps and again CoinDesk is, I would say if you're more curious in the day-to-day kind of news on crypto instead of like the big things and kind of more theoretical things that we cover here at TFNN. CoinDesk is pretty decent to look at. Of course anything large, we're gonna talk about here regardless. So there's a recent development support that the Securities and Exchange Commission has been meeting with potential issuers of these ETFs even during the busy holiday season to straighten up final details, structure the creation and redemption procedure and guide issuers to incorporate the latest changes into the revised S1 filings. BlackRock just filed its fourth amendment to his application with the SEC on December 23rd and is expecting to see the Bitcoin ETF with 10 million in, excuse me, today, which is a pretty good sign at least. Obviously I have some meme going here with that. Fox Business reported the final amendments to all spot Bitcoin ETF applications must be done by December 29th. The applications that are fully furnished and filed by, this would have been last Friday will be considered in the first wave. The following indicates the SEC timetable of 13 prospective issuers. You can see this here. I can link this as well in the den afterwards if you're curious. SEC has requested that issuers have their authorized participant agreement describing who will play the key role of creating and redeeming ETF shares available in the coming days. So this all looks decent, right? And these larger companies are basically kind of keeping up with what the SEC is requiring. I think there's a potential here again for a lot of cash inflow into some of these ETFs. I think Bitcoin is still kind of this very strange concept to a lot of people but what they see is that it has such wild price swings and usually kind of selection bias will make people focus on the positive price swings. I guess again today there is just some conversation that they weren't gonna go through and there's not really any vast validity to those comments but the market in crypto responds very quickly to some of this news and it just depends on who's pushing certain kind of information. And so we're seeing a lot of that I would say probably not the entire 400 million because it's quite a bit on a scare. However, that's what a lot of analysts are kind of attributing that to, which is pretty insane. Take a look in some other just basic news. Take a look at Amazon. If I can pull up the shares here just down a little bit. However, there is some positive look regarding their ad revenue. So this year it's anticipated an Amazon video ad push is gonna generate about five billion in revenue, which is pretty solid. Ads on Amazon's streaming service will start appearing in North America on January 29th and internationally on February 5th to receive ad free content. You gotta pay basically an extra $3 a month. Amazon will sell about three billion in video ads this year and generate an additional 1.8 billion from prime subscribers who pay the extra fee to avoid commercials. Estimate assumes 70% of prime subscribers will opt out to watch ads rather than pay the fee. I'll say too, I think this, that's not actually a bad analysis. We're seeing a lot of people actually draw out of their subscriptions to stuff like Netflix, like Disney Plus, all these kind of things. And it's just they're raising rates too much on the monthly. And that's where you're starting to see some of these kind of like more interesting dynamics of bundling certain videos and adding small ads every now and then to kind of offset the cost. And we'll talk about that a little bit more. Amazon's advertising business, mostly search and display ads on its web store generated about 12.1 billion in the quarter ended September 30th, excuse me, 30th, about 8.5% of total revenue. The Seattle based company sees prime video as an ideal spot to boost ad sales and profit from the billions it has spent on content including movies, NFL games, and so on. So keeping a look at that, I think that's obviously massive for them. And I do kind of agree, I don't know obviously if 70% is the number, but I think a lot of people will kind of just take this. I know I'm not going to spend an extra $3 a month on that at all in one second I'm trying to find. This was the article here that I was talking about with canceling their streaming services. And again, we were seeing that issue earlier, especially with Disney, right? Like earlier last year, excuse me, earlier at the end of last year. This is more anecdotal with this one individual but the point is that you're seeing an increase essentially in customer cancellation. Okay, about one quarter of you are subscribers to major streaming services, a group that includes Apple TV Plus, Discovery Plus, Disney Plus, Hulu, Max, Netflix, et cetera have canceled at least three of them over the past two years. According to November data from subscription analytics, provider antenna, two years ago, the numbers should have 15% assigned that streaming users are becoming increasingly fickle. I'll say too that I don't, this was the initial, draw out a lot of these streaming services with that it was that they were ad-free, okay? They were ad-free and you could select what you wanted to watch at any time, right? You didn't have to wait for the time slot to come on or anything like that. However, you're starting to see some new platforms coming around where it demonstrates that a lot of viewers are okay with essentially watching advertisements, right? As long as the content is essentially unique enough, right? Give me one second here. The number one thing that I really think of that comes to mind is the platform, Tubi, okay? Tubi just has a lot of really strange films from like the 80s. I mean, even going back to like the early 1900s but they also have some newer ones as well that just don't get all of the big cultural hype. You know, these aren't, again, big famous movies. You have to watch advertisements that are kind of long but this streaming service is gaining a lot of, basically users every day. And so I think there is a level of tolerance for a lot of these users. It more is probably gonna be about being able to select what you want. Folks, stay tuned, we'll be right back. You might think that if you want to be successful in the trading in the stock market, you're going to need a crystal ball. After all, 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 the key indices, selective stocks and commodities, subscribe to the opening call newsletter at tfnn.com. 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I mean, even really in the beginning of October, excuse me, beginning of November, to get 70 all the way up to a high of 105.91. We're seeing this pull back a little bit. Might have been seen a little bit as overbought. Of course, the market loves pricing in any kind of change no matter how far out in the future that it may be. Let's take a look here. The mortgage demand was actually down 9.4% for the final week of 2023, despite recent drops in interest rates. The mortgage demand ended 2023 on a sour note despite a sharp drop in mortgage interest rates during December. Total application volume was down 9.4% for the week ending in December 29th, compared with two weeks earlier. The MBA was closed last week and the results included adjustments for the holidays. The average rates on the 30-year fixed ended the year at 6.76% lower than when it was two weeks ago, but higher than it was just a week ago. That, however, is still well below the 8% high seen in mid-October. Markets continued to digest the impact of slowing inflation and potential rate cuts from the Federal Reserve, helping mortgage rates stay at levels close to the lowest since May of 2023. The recent decline in rates has given the housing market some cause for optimism going into 2024, but purchase applications have not yet picked up in response. Applications to refinance a home loan ended the year 15% higher than the same period a year ago, and that makes sense as well. The applications for a mortgage to purchase the home ended the year 12% lower. Home buyers are still contending with very little supply and very high rising home prices, and I think this is really what it is. Obviously, you had a lot of people buying, which is, you know, before prices really took off, which is why you had this higher refinancing kind of percentage at the end of the year. Again, prices are still somewhat high. You know, Tom's way more qualified than me to speak on that, but at least like in, you know, general consumer goods, you're still seeing stickiness of prices, even with slowing inflation and obviously lowered rates with that. But let's talk a little bit about what the Fed is, at least speaking on regarding rates. They're saying the Fed officials in December saw rate cuts likely, but the path is highly uncertain. Ooh. The reserve officials in December concluded that interest rate cuts are likely in 2024, though they appear to provide little in the way of when that might occur. And that was according to the minutes that were released today. At the meeting, the rate-setting Federal Open Market Committee agreed to hold its benchmark rate steady in a range between 5.25% and 5.5%. Members indicated that they expect three-quarter percentage point cuts by the end of 2024. However, the meeting summary noted a high level of uncertainty over how or if that will happen, which is not. The solid news everyone was buying on. Tell me the news lied to me. In discussing the policy outlook, participants viewed the policy rate as likely at or near its peak for this tightening cycle. Though they noted that the actual policy path will depend on how the economy evolves, official noted the progress has been made in the battle to bring down inflation. They said supply chain factors that contributed substantially to a surge that peaked in mid-2022 to, excuse me, in mid-2022 have eased. And we see this also as well. You're having these kind of short-term issues with shipping as well. I mean, most notably, I think in the Red Sea, just recently Maersk is back kind of pushing stuff through there. What happens when the world basically enters into all these kind of strange and distant conflicts is you really do get a big labor on the supply chain. This obviously increases costs. I mean, I think with what happened with closing some shipments through the Red Sea, there was a good drone attack on some Liberian ship. Anyways, the point was is to move through here, a lot of these freighters were charging up to 12% more, right? And that obviously has a big impact down the supply chain. That's not great when you're kind of trying to deal with a global inflation issue that's occurring. The dot plot of individual members' expectations released following the meeting showed that members expect cuts over the coming three years to bring the overnight borrower rate back down near the long-run range of 2%. So over 3%, I mean, that's kind of like a slower, I think pace than a lot of people might have been thinking. But we'll see what happens. In three years is a lot of time for things to go wrong and a lot of times for supply chains to get bundled up again, but we're hoping that doesn't kind of go that way, right? Let's take a look here. Talk about SIGNA a little bit, just in some more news. The SIGNA group, wow, what a big move here. And then you're trading about 305.62 from a low of about 254. They're in exclusive talks to sell its Medicare Advantage business to Health Care Services Corporation in a deal that could value the unit between 3 billion and 4 billion. Health insurer HCSC from Cross Blue Shield said it does not comment on rumor and speculation. Of course, shares of SIGNA fell about 2% on the news and the company did not immediately respond to a request. The deal is expected to be announced in the coming days. A sale could mark the change in SIGNA strategy for Medicare Advantage segment through which it manages government health insurance for people over 65 and older. And that's a lot to kind of get rid of and I'd be curious of kind of what their logic is behind doing that because it's such a cash cow, right? Reuters has reported in November that the company was exploring a sale of the business SIGNA, which got into medical advantage business with about a $3.8 billion acquisition, excuse me, acquisition in 2011 would be backing away at a time where the US government is tightening its purse strings and it cut the reimbursement rate for health insurance in early 2023. A vast majority of the revenue comes from the commercial business and pharmacy benefits division. So, you know, this kind of segment I think is only about like 5% of its total revenue. So not a major big deal, but regardless, it's interesting to see them moving through that because I would assume that's pretty straightforward to make money, especially when you're dealing with such like a government program like this. Anyways, talk a little bit more about, I think I was just on a kick this weekend. I was on New Year's, I was hanging out with some people and some of them are in like IT and security. But we spoke about this a little bit and it was from 23 and me. There was actually a major breach in this and I like, you know, I'm not really like a big conspiracy guy or anything like this, but I just didn't like the idea of like giving my data to people like this. Well, my sister did it anyways, so I guess my mitochondrial DNA is on the web, but there was a major breach, right? 23 and me tells victims it's their fault that the data was breached, okay? I'll take you through this a little bit and it's absolutely insane and just more examples of what I try to tell everyone here is like these companies don't, if they can get away with losing all this data, right, they're going to. And now of course it's not good for them and it's bad on the face and stuff like that 100%. And there are consequences, but just to kind of show how like much they actually didn't really do anything and how glaringly bad in a real way. And again, we'll talk about this, we're about to go to break, so I don't want to get too much into it. But essentially what happened is they're blaming customers for not changing their passwords. And there's plenty of ways that a large company that's dealing in genetic data to kind of force people to do that in a different way or at least lock down accounts haven't changed. Folks say too, we'll be right back. We'll talk a little bit about this when we return. 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. 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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. This program is brought to you by VistaGold, traded on the NYSE American and TSX under the symbol VGZ. I'm O'Brien. Welcome back everyone, this is Jacob. Shoot with TFNN.com. Again, the more I'm just reading this article on the break, the more I'm like just laughing at it. And really it's just, it's not just so rude I think. So essentially what happened is people broke in, right? 14,000 user accounts were accessed essentially, right? Now what you're supposed to do is, you know, properly kind of sequester different bits of data, right? You can't lump it all together in one big hold because when the walls get breached, well then all your stuff is essentially gone. They were brute forcing accounts with passwords that were known, okay? So essentially there's something called credential stuffing. If you use password one, two, three on all of your devices, right? Let's say you have accounts A, B and C, different websites. You know, I figure out, you use password one, two, three. I'm gonna try B and C to see if that's the same password. That's called credential stuffing, okay? And it's actually a thing a lot of people do and it's honestly not the wisest, right? Anyways, there's enough people to where it doesn't seem like it's an immediate threat to a lot of people, but that's also not a security policy. Anyways, people were brute forced about 14,000 accounts. Now, the issue that resulted from this is that on 23andMe, this is what it's saying here, you have a feature called, I guess, DNA relatives, okay? And this matches you with people around the world or just users around the world who supposedly are related to you, right? Based on these kind of studies. That right there is essentially having kind of front-facing data. So with those 14,000 initial victims, you know, they were able to get the information of 6.9 million customers who were not directly hacked at all. Now, of course, it wouldn't have been the full profile, I would assume, since there must be some things that are private on 23andMe, but that's such like an insane kind of issue, right? And I would reckon there should have been something where you reach out to the person that you're supposedly related with and, you know, they hit accept and that information is transferred that way. But just to have it bare-facing like that, it's pretty insane. So anyways, lawsuits came out being like, hey, you know, what the heck, man? And they said it's basically your guys' fault because you didn't change your passwords and you use the same password or everything. And again, this is the length that some of these companies will go to kind of push any kind of responsibility off them. And it's not really on, okay, it is on the user to be like intelligent with their security and stuff like that, but you can't blame them if nobody's ever taught them these kind of things, right? And there's been no concerted effort by 23andMe to teach people these kind of things either. So it'd be interesting to see how that develops out. Again, I really do think going forward, we're gonna see maybe some more insurance companies that kind of handle this issue or we're just gonna keep seeing more major breaches. Take a look a little bit moving on to gold. Again, we have the gold contract trading down a little bit. Give me one second to pull up the ticker. I wanna talk a bit about Barrick Gold because they have, they're potentially, oh yeah, of course, it's gold. I look at the gold report like every Monday and you would think that I would remember the ticker for that. Anyways, there's some conversation that Barrick Gold might be purchasing essentially quantum holders, okay? Quantum holders was doing copper production, their flagship mine completely imploded and it really messed up quantum holders entirely. They had a massive share collapse, but would say, yeah, it's not a good amount. Save out like even 30% or something like that or more than that. Oh no, even way more than that. Anyways, Barrick Chief Executive Officer approached some of the first quantum's largest investors late last year, according to people familiar with the situation, who asked not to be identified, as they're talking private. Gold giant Barrick has been seeking to expand in copper and I think we're gonna see this a lot with other gold mining companies as well and a deal with first quantum would transform the company and the world's biggest producer. Okay, the smaller Canadian miner has been left vulnerable after Panama ordered the closure of its biggest, most profitable asset, creating a potential opportunity for their purchase essentially. And again, look at these gold companies. If you're one, I'll say, if you're not subscribed yet, you gotta get the gold report. Tom O'Brien released every Monday morning, okay? It is pretty in-depth. There is a bunch of equities, not only in the current portfolio, but better being looked at now. There's analysis on all of them. It's really solid. If you're in a trading metals like this, there's some copper in it as well. But look for these gold companies that are gonna be getting into copper and I'm probably gonna be harping on the copper thing for the year to come. And next time I'm on, I'll definitely have a little better of a presentation as long as it's not like tomorrow or something. But anyways, I'm looking at Barrick Gold for that reason. We're down a little bit, but that always happens when there's conversation of a company buying out another company as well. Move a little bit into biotech. Dan in the Den, if you're listening, check this out. Maybe you can look at it and see if you like it. This is from a company called Roche, okay? Roche Farmer Research and Early Development. One of the big issues that is going to hit us in the 21st century is going to be these issues of superbugs, which are gonna be bugs that are resistant to antibiotics. That's a massive issue. We really overuse a lot of antibiotics. We give them to people. They don't finish, they don't finish their courses. So these kind of pathogens grow stronger in the body. Also, when it's excreted, that goes into the environment as well. And this can make bacteria that would usually not be a big deal for us, make it into a big deal, since there'll be no treatment for it, right? So in a lot of conversations, what the Eastern Bloc has done, we split off in the 1950s or a little bit earlier with discovering things like penicillin, where they were using something called bacteriophages, which was essentially an edited virus that attacks a certain bacteria. The Eastern Bloc has been using that since that branch off to quite a lot of success actually. So there's been some discussion that that's what the West was going to kind of pivot to. And it would be nice, we don't have a lot of bugs obviously that are resistant to kind of viruses. However, there has been some editing going on in some of these new antibiotics, which is pretty interesting. We can talk through this a little bit. You take a look at Roche as well, if you would like to. The ticker for Roche, take a look at ROG. Anyways, going forward here, potential drug offers rare promise in the fight against antibiotic resistant superbugs after it successfully targeted a bacterium that causes life-threatening infections in hospital patients. These superbugs have emerged as a leading health threat as antibiotics and other treatments become ineffective through excessive or careless use. While the drug being developed by Swiss pharmaceutical group Roche has been tested on only one type of bacteria, the way it works suggests that it can be effective against other microbes and encourage much needed research investment in the field. Essentially, this is a quote. We discovered a new way of killing bacteria. You could imagine tweaking the chemistry to address other targets. It's conducting its phase one clinical trials in humans on the candidate drug, which targets bacterium known as Crab. The pathogen which causes conditions such as sepsis and pneumonia thrives in hospitals due to ease of transmission among patients weakened by other illnesses. It weakens the membrane, essentially. It creates a peptide and that peptide weakens the membrane. And this is brilliant. I mean, really, if this works, that drug will be purchased, I mean, without a doubt. Because this is a major fear that a lot of people are running into. Folks, stay tuned. We'll be right back. 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Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com. Then hit Watch Tiger TV. Welcome back, folks. What the heck that stock name is? Take a look basically at ASML on the break here. Give me one second. Regardless, ASML is down a little bit. What's happening is the semiconductor kind of war is continuing to go on. They're being blocked from shipping some of their chip-making tool to China, as the headline says. ASML, which makes machines that are critical to manufacturing most advanced semiconductors, was barred by the Dutch government from exporting some of its tools to China. And a statement released on Monday, ASML, said a license for the shipment of its NXT-22050i and NXT 2100i lithography systems has been recently partially revoked. Excuse me, recently been partially revoked. Is it gonna cut it down a little bit? They make the ultraviolet lithography machines, which are really important in producing these wafers. Again, I think we're gonna see more of this. ASML still is in an okay spot. However, if you're gonna get more American entries to the market in lithography, which I think you're gonna see IMB do, this could be, excuse me, IBM, this could be an issue for ASML in the long term. And then we look like more so as well and in a video, right? And some people have been concerned with some of this blocking. What they had been doing is essentially skirting some of these regulations against trading things into China. That got the Kibosh put on it about a month ago. And so what they're doing is they're essentially sending weaker versions, at least at the gaming processor over to China, which I think will help kind of pad some of the loss. So the product page on Nvidia's website for Chinese consumers shows that the new Nvidia RTX 490D has 11% fewer processing cores than versions sold outside of China. RTX and Nvidia's line of advanced gaming GPUs. The company's CUDA architecture is essentially a GPU equivalent for CPU cores, which are processing units. So again, this won't hit them as badly as it could have, but I think going forward, there's a question to be asked, what if such large portions of the global market is cut off if there's some kind of political issue? Folks, thank you so much for joining me. I'm not sure if I'll be with you tomorrow, but we'll see. It's been a wonderful, happy new year and have a great rest of your day.