 a presentation of TFNN. The Tom O'Brien show is produced every business day. Tom takes your phone calls toll free at 1-877-927-6648 internationally at 727-873-7618. Let's go to our man Alan Homo Sasa. What's going on brother? It's isn't it wonderful. I went ahead and invested in your tiger dollars and I went ahead and got your gold report for a year and and also your morning your your call letter and stuff like that and I got over 50% return in one day not counting everything else but I just want to thank you. Tom's not perfect but he tells you how to put your stops in and keeps your losses small. You can take your small losses but then all of a sudden you'll be like Dave Roode and you'll pay the home run. I mean a big home run. Yeah and put the money in your pocket. Okay brother you're awesome man thank you. Now Tom O'Brien. Welcome folks. Jacob Schup filling in again for Tom O'Brien. He'll be back Tuesday. Back with some more good insights. The market is up today if you didn't catch our 3 p.m. update. The market just does not it's not really acknowledging what Powell was saying. Again if you missed it yesterday he was saying there is still a risk to the upside with inflation that they might have skipped some rate increases you know this time around but he expects more to come throughout the rest of the year. Excuse me. Can't talk about it. Let me get a little something to your throat there. Anyway GDX up 0.44 we're looking at the gold contract. This did pretty well today on some significant volume. Definitely some big movement on it with the dollar getting depressed quite a bit. We'll talk a little bit. I'll show you a chart here in a few regarding the kind of a dwindling percentage share that the dollar has in the reserves basically of different national banks. While that's mainly being taken up by euros and the actual fall of the dollar as some people are calling it will probably take quite a while it's still something to be cognizant of but as it stands now the dollar is going down quite a bit so we'll see what happens with that. It's been fighting for the 101 level. We did not touch 102 just yet but we'll see what we can what we can get done through the rest of this day and tomorrow. Meta up significantly 4% today almost 3.5. We have right here on the the trading program. Tesla down a little bit again breaking its kind of a 14 day streak there trading up apple up 1% steel dynamics fighting. So we were talking in the den before the show and it was brought up that the millennials just keep investing right and there are such a large portion of traders now and I want to bring in Gen Z as well right so people born 1996 below and I think that there was some decent insight that they might be continuing to drive this kind of bull market and and avoid any kind of sentiments of you know something bearish and the thing I'll say to that too is young folks they've only ever known this kind of market right and the way that the culture is you know with different youtubers different you know tiktokers what have you there is so much conversation and there really is like a subculture of you know becoming financially independent based on the stock market right and keep in mind too you know for for younger folks maybe people who are in their early 20s right now they grew up seeing people make you know millions of dollars off extremely risky investments such as bitcoin and other crypto currencies and also saw people make tons of money during 2020 when you have that massive pullback in March and you know if you just bought at that area of course you know you made money and everyone makes money in the bull market and so seeing this as a way to become financially independent as a lot of the younger people do kind of conceding that you know there might be a bear market or you know you might have to reel back some kind of investments for a time being or maybe the stock you picked it wasn't the best idea that's you know you're fighting against a really powerful psychological kind of bias with that right and maybe they don't want to admit something like that so you got to keep this kind of effort going right because it's your your way out so just some food for thought regarding that and it would be interesting to see any kind of data of how much young people are buying and how risky they are I will say this is anecdotal of course but a lot of the younger folks I know and again I'm I'm going to talk with the younger 20s range made extremely risky investments over the past few years right like how do you analyze this based on any kind of thing that university or traditional knowledge would have taught you you know you would not buy right they did and they they made a killing on it and I can probably name about three people I have in my mind right now who have done this and it's you know it's pretty interesting right you know of course reality at some point probably catches up but for the time being you know this market's green and I think the young folks are benefiting a lot from that anyway you know on the show I like talking about cybersecurity quite a bit and kind of the the market surrounding that and how I personally believe that investing in cybersecurity firms now is is going to be pretty lucrative in the future you know there hasn't been a lot of attention paid to it for some time you know we had legislation passed around data protection security and retention and that's fine but what's going to start happening is you know your your big companies that get targeted they're going to start historically you know everyone kind of saw them as victims right well the impact and I'm talking the financial impact and the impact people's security and privacy is becoming so high that they're going to start having to bear the costs of it and that's going to be mandated by the government at some point to give you a little idea of you know how intense this is and we'll talk a little bit more about this but it turned out that the Chinese have breached hundreds of public's private networks and a security firm says suspected state backed Chinese hackers use a security hole in a popular email security appliance to break the networks of hundreds of public and private sector organizations globally nearly a third of them government agencies including foreign ministries the cyber security firm Mandy and who is also the target of a pretty intense hack about a decade ago excuse me about five years ago this is the broadest cyber espionage campaign known to be conducted by the Chinese nexus threat actor so you know listen when it's state actors you know you're in a whole other realm of threat right because this becomes a little bit more existential to an entire population of people but what state governments do as well is attack us on an enterprise level okay in the our government in the US has understood that finally and that's why they're forcing larger companies to take kind of matters into their own hands and follow certain guidelines at the risk of some kind of sanction the wall street journal posted an article and this was today earlier a cyber investment flows update June 2023 investment in cyber security firms and startups fell by as much as two-thirds by the first quarter of 2023 indications or that corporate budgets for cyber spending will increase or remain the same and I think this is a major misstep right again this kind of shows that the upper level you know your upper level decision makers inside enterprise level kind of companies aren't getting the message yet and what is it going to take and it's going to take more breaches from threat actors essentially until they lose tons of money I mean they're dropping by billions of dollars on investments and I don't think this is smart the years coming this current administration whichever one takes over as well this is going to become a far greater focus and so while spending has gone down this this quarter keep an eye out because it will increase over the next few years folks stay tuned we have tim ord on next 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 keg stats tiger forex report teddy keg stat 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 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today visit the front page of tfnn.com tfnn educating investors are you looking for a way to consistently add winning trades to your portfolio tom o brian is here to help tom o brian has been successfully trading markets for over 30 years a frequent contributor to td ameritrade network and cnbc tom o brian founded tfnn over 20 years ago to help 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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 right now we have tim ord on the line tim ord publishes a news that are called the ord oracle tim can you hear me yeah i can hear you fine thanks for having me on absolutely thanks for joining us so you know we have a pretty uh intense week and an intense day what are you making out of it well i sent you over two charts hope you got it i got him right here uh i think you uh let's see we're looking at the one that has uh the first one i'm looking at has the weekly spy support in the vixx and the second one we're looking at a 10-day trend yeah i sent you another one right after that hopefully we got the right chart okay let's pull it up here uh anyhow the bottom window is a vixx and anything below 17 usually the vixx is in a trending mode and this is a weekly chart and i could have gone back a lot farther but anyhow it it anytime the the shaded that or the shaded pink areas are times when the uh uh vixx is below 17 and so i shaded those areas on the market and we've been below 17 since basically the beginning of april and we're still below 17 we're coming in around 14 so we're so we're in a trending market but there's some uh i guess breaks in the dam i guess you might say is starting to show up and i circled there on top uh when the weekly uh s and p's this is the sp y's gets above the upper bolinger band uh last time that happened uh was back in november uh he had about november of last year and with us a little bit market's going up too fast it gets too far away above the upper bolinger band usually the market uh uh gets near a stall area and we think we're probably going to do that um is there a top today not necessarily today uh but probably sometime next week but it's not going to be at a top of any consequence not like we had like january of last or this year where the market peaked out and went down all the way into uh or actually last year 2022 you know december of last or yeah it'll be january of last year mark went down in october but we're looking for we're probably nearing some sort of consolidation phase is what i'm saying because the market is getting too exuberant here so when the uh market on a weekly time frame closes above the upper bolinger band you're you're getting close to some sort of consolidation but uh can flip to the next chart yeah we're looking at the day 10 day trend right now yeah yeah it's a 10 day trend now this is a daily chart and again the bottom window is the uh vex and i shaded that in pink every time it's below 17 normally you're in a trending market and again we've been trending up since april well now what's happening we got the next window up it's a 10 day average of the trend and mark the times in blue arrow or blue lines at the time they got down to 0.8 or lower and at minimum uh it goes into at least consolidation and we have back in 2021 i have two circles on the sp y's there and i showed you when it got below 0.8 you know you mark it you know at least stalls a little bit goes sideways and probably then it starts going up higher again other times if you get out of down market uh it it marks significant lows it picked out the uh in 2022 it picked out looks like about the the april the august a august high picked out the uh march high of last year and a couple of highs in january and february there well if you do today's analysis the trend closes right around 0.56 uh over 0.6 right now and you know right around 0.6 you're going to close on the 10 day trend around 0.8 today so it's kind of in the danger zone so it kind of with the weekly uh s and p y is above the mid bowland or the up on the upper bowlander band suggesting consolidation and you got a 10 day trend down around 0.8 you know the time of the rally is kind of getting exhausted here and today we're up decently advanced clients are actually pretty strong but i think we're going into some sort of at least a short term exhaustion move probably not today is going to be the high but i think sometime probably early next week how big is the high uh you know the worst case scenario uh i didn't draw a trend line there but you got quite this four around 420 right which is quite what he's down it's no guarantee we'll reach that but that's possible target to the downside uh but in general this mark's going to end up higher this year we're probably at minimum they're going to get back to the old highs back up around that 470 area that was reached in january 2022 but you know sometime uh maybe next week see a high maybe the week after the latest and uh um probably see a worthwhile pullback that could last into the july 4th timeframe a lot of times holidays can mark highs or lows sure i thought this year could be a high i think it turned out to be a low or something i don't know but right i'm getting go ahead no i'm you know so i'm looking at the first chart too and that's what i was going to ask right you can see you know in november of 2021 when it when it really passes that ball in your band right you get maybe a month of consolidation and then a and then a pullback or do you foresee something like that happening too we're kind of just consolidation until going higher with what we see right now yeah i think we'll see i don't think we're not heading into a major high but i do have a you know a support area listed there i thought we we make it down support 420 um you know scare everybody get everybody worried again and probably start up from there it's kind of hard to pick out you know how this thing is going to consolidate but i do think it could look similar to what happened back in november of 2021 where it kind of flipped sideways for a couple of weeks and we got it decline right um uh you know markets actually had a you know it's been running up since uh you know basically march right i mean yeah it's it's it's a decent rally you know it's not going to go up forever so no sir and definitely over the past at least you know month of trading i mean it's it's gone out gone up substantially right so yeah it's kind of pretty pretty substantially and so you know but you know so far if you look at the bottom window again i mean the vix so far is not showing any danger here and usually the vix rises before the top actually happens there's another interesting indicator today mark six days up in a row uh to go back and check history when the market's up six days in a row um like it is right now it's market stays up today which probably most likely will if you're up six days in a row the mark will be higher within five days eight three percent of the time so if you're doing odds you'll see a minor high probably you know even today or tomorrow and mark may pull back but you should make a higher high within five days eight three percent of time so at least at worst today's high is going to be tested probably sometime next week and that will depend what the vix does on on this minor pullback will be a minor pullback nothing up significance but you know it could shake up a little bit a little bit and the market does pull back when the vix goes up and the market rallies again to test you know say today is a high as just i'm not saying it is but say we go back up and test wherever the hype is let's say or tomorrow and the vix does not make a a lower or it gets back above 17 that would actually add quite a bit of confirmation that the market is at least making that worthwhile high that's what i'm kind of looking for absolutely fascinating tim thank you so much for joining us what you just said too about the 85 percent chance that's that's that's interesting i would you know if that is the case i would love to check that out tim thank you so much for joining us all right thank you take care now bye folks we'll be right back 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 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 so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure 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you all thought so too i was talking a little bit earlier about um some behaviors of gen z and kind of where they're at i read this article i thought it was pretty interesting good insight is actually 64 percent of gen xers have stopped saving for retirement those are people born after 64 while their parents belong to the quote greatest generation gen x may be soon carving out the reputation as the quote broke generation a recent survey conducted by clever real estate polled 1000 gen xers born between 65 excuse me 65 not 64 and 1980 to find out how they fare when it comes to personal finances in the road to retirement a staggering 56 percent of gen xers said that they have less than a hundred thousand dollars saved for retirement and uh 22 thousand excuse me 22 percent said they have yet to save a single cent whoa uh while the desire to retire may be there the money just isn't a whopping 64 percent of respondents said that they stopped saving for retirement not because they don't want to but because they simply cannot afford to the reasons for the lagging savings uh varied with many setting poor economic conditions and back breaking student debt as retirement roadblocks with the eldest members well into their fifties the reality is that gen xers are facing a retirement crisis and unless they take action now they won't be able to retire comfortably if at all one of the main reasons why gen xers have yet to save enough for retirement is that they have faced several financial challenges throughout their life a majority entered the workforce during the recession in the early 1990s and that made it difficult to secure stable jobs and uh and earn decent wages so you know this isn't just you know the millennials uh who famously don't have any money not the gen zers either who are kind of just really starting to get into the workforce in a uh any meaningful way you have gen x too and i mean these are people who were in their late fifties at at the oldest right um who aren't able to uh are not going to really be able to retire i remember reading this i i cannot remember which publisher it was from but it was a few days ago and it was one of those kind of you know click baby headlines but it you know it was a legitimate article um you know from a well known source and uh the question was is can i live on 90 thousand dollars a month when i'm retired and it's like you know that's a crazy question especially considering when you know now the next generation up behind the baby boomers um is not going to be able to i mean how do you get out of this right what does their end of life look like you know it's pretty significant um and this has been a question for so long and and maybe people kind of avoided it because the the main you know people making a noise about it were millennials and they were still young and obviously there's some behavioral things that younger people have that that might not be positive for savings but we're not looking at gen x right who are the direct descendants of the baby boomers and um you know they they they learned at least some kind of financial um literacy and this is still occurring with them the student debt issue is interesting as well because they're about to resume student debt payments and uh it doesn't seem essentially what happened is people adjusted uh to having the extra money that they had right um when the student loan payments were frozen i'm trying to pull up this article for you just give me a second to find it here we go this is from the guardian the u.s. student loan interest to resume in september and payments in october um ha ha let me get this out of uh paylock for you and we'll get back to it but but yeah and so one of the big conversations is you know you have a lot of people at least again saying that they're not going to pay uh their student loans back when it starts again obviously that's not going to really work uh because the bank always gets theirs right but this is going to again now be really significant and in some way you know i might be wrong on this and maybe missing some dynamic to it but that's going to soak up a lot of liquidity you know um obviously it's going to soak up a lot of money for people who really may not be able to afford having less money um but it'll also probably put the brakes on some younger folks who have enough money to spend and maybe we might see a little bit of uh disinflation because of that it'll be quite interesting to see um at least going back to this gen x article it says they also uh faced significant student loan debt with the average amount owed being a whopping 43,438 per borrower generation x holds 38.8 of the 1.63 trillion in federal student loan debt more than any other generation honestly quite an impressive amount i mean there's even stories now of people having to pay something like a hundred thousand dollars or owing that much in student loan debt i mean it really let me second let me try to pull up this article for you yeah the paywalls i guess they're worth it folks but uh sometimes we gotta read you know yeah my computer's not pulling it up anyway we can move off of that but i i do think there will be some major impact of it as well i actually haven't spoken to any of my friends in my age group um about what they're going to do regarding student loans um and i'm supposing that it's on everyone's mind um but nobody's really trying uh to address it we talk a little bit about energy and the future of that uh you know there's i always just talk with a buddy of mine and uh i'm not going to do this but we were just at least fantasizing about it but with that uh 7500 tax credit from tesla you know both of us we could sell our cars and get a tesla model three for something like seven thousand dollars and just finance that and uh look a little bit cooler driving uh than than we do now uh at least on the end for china they're giving the green lights uh to nuclear reactors that burn thorium that fuel could power the country for 20 000 years that's what they say at least uh it has several advantages over uranium reactors including safety reduced waste better fuel efficiency and suitability i also think uh the rfk jr who's running um he's a proponent of thorium power which i thought was super interesting and china's nuclear safety watchdog is issued an operational permit for the nation's first thorium reactor they also have the world's largest hydroelectric dam it is really quite an impressive um build i would say um and as these newer countries right or excuse me these developing countries get to a point where they're going to become more established right um you know for instance i look at the kind of conundrum that africa faces all right they are in you know developing with the capital d correct and for them to get to a point where they can really industrialize uh in a meaningful way to kind of get out of that phase uh the way that it would be now is they would burn tons of coal uh this you know obviously pollutes their land around here this is the issue that china was facing entirely um and furthermore they have such a large population at this point because of some you know they they had a population boom because they were getting resources from around the world um but they weren't dealing with that subsequent population decline that you get after um a few decades of industrialization so um you're going to have to find energy for all of those people uh to basically get onto the grid and power room and while this method is a little bit more expensive and by a little bit i mean it's it's substantially more expensive than uh burning coal uh on the long term it makes the environments in those areas better that increases wealth and increases while being for the population so some food for thought regarding that and i think the more we go into the future we're going to see more of this folks stay tuned we will be right back if you're looking for potential trading 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the trading methodology known as the chapman wave the chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by basal chapman and your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear ETFs visit direction investments.com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor foresight fund services LLC tfnn has launched the tiger's den hosted at discord tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the tiger's den available to all tigers and tiger's for just $1 for the year 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 vista gold traded on the nyse american and tsx under the symbol vgz all right so the labor strike essentially that was going on at the ports on the west coast has uh i guess they've reached some kind of agreement with the union and that was 5.2 billion dollars in cargo was just stuck off the west coast furthermore you had just lines of vessels on the uh off the docks there and that's just kind of a management nightmare so hopefully that can ease up a little bit and supply chains can kind of get past this um but yeah earlier today they they finally reached some kind of at least tentative agreement uh regarding it and so maybe that can bring some prices down um at some point talking a little bit earlier on the cyber security front and how companies aren't spending money in it right now um off of massive spending spree that they had this is a really good article um and it's about quantum computing right and so what we'll go into this a little bit but one of the things i want to bring up right is uh your passwords okay everything that you use to keep safe it's um basically encrypted by something called hashing okay and it just takes the letters you have and it generates a random code um uh tied to that right and only the computers can communicate with it uh and there's a lot of different ways that they've achieved encryption a lot of different forms of hashing right and uh there are definitely tools that have been used in order to crack these and the hashing gets a little bit better every time you know maybe you add in uh just a bunch of random strings uh to it once you compute the hash but the main problem that exists right so you you you've had this uh a bunch of breaches and a lot of companies suffer from breaches every year um in their databases and they get user information and uh it's not consequential uh immediately because those encrypts that encryption is kind of a little bit hard to break when you get into quantum computing the big fear is and probably why like on the uh you know under the wraps of this uh the the push for this is uh is dire is because once you get something like quantum computing they can break these hashes and so everything that exists and that is in some database of a threat actor or some kind of foreign government um that is currently unable to be encrypted once they break quantum computing um those will be uh cracked within a matter of of minutes it's just more of a it's more of a matter of what group of hash are they going to send to this quantum computer and so you know you kind of got to search for it because it's you know information on this as it's not really uh being presented uh in you know on the top media um but there are major pushes to try to be the first people to beat this and then get into quantum encryption right which if you I all go into all that because it's I mean I don't even really fully understand it at all um but uh the amount that I do it's it's vastly different than the kind of encryption that we uh do now so we'll break into this uh the quantum computers today are small and computational scope the chip inside your smartphone contains billions of transistors while the most powerful quantum computer contains a few hundred of the quantum equivalent of a transistor what IBM showed here is really amazing uh excuse me is really an amazingly important step in that direction of making progress towards serious quantum algorithmic design uh while researchers at google in 2019 claimed that they had achieved quantum supremacy a task performed much more quickly on a quantum computer than a conventional one IBM's researchers say that they have achieved something new and more useful albeit more modestly named we're entering in this phase of quantum computing that I call utility says Jay Gambetta vice president IBM quantum the era of utility present day computers are called digital or classical because they deal with bits of information that are either ones or zeros and this is kind of what differs with the quantum right um a quantum computer performs calculations on quantum bits or qubits that capture a more complex state of information just as thought experimented by the physicist Erwin Schrodinger postulated that a cat would be in the quantum state that is both then the live that is a binary one and zero but qubit can be both one and zero at the same time so you kind of get almost this like three dimensional or four dimensional aspect to processing at that point and it really is crazy to think about too like with the advancements that we've made really in processing it's still at its base and this is so important you know to kind of understand if you're interested in this stuff at its base computing is still just is this value zero or is it one and um when quantum computers come up that's that's going to just be dominated instantly uh that allows quantum computers to make many calculations in one pass while digital ones have to perform each calculation separately by speeding up computation quantum computers could potentially solve big complex problems in fields like chemistry and material science uh that are out of reach today what to that point with with chemistry um you can also extend into the pharmaceuticals and i was reading this paper uh and i i guess this has been technology for quite some time um but there are databases of different compounds and it's and it's used by pharmaceutical researchers uh but essentially you know you essentially pay for the data writes of these molecules and um from what i understand you can essentially form new compounds now it's all digital right and it's not you know you're not getting an actual like tangible compound out of it uh but i thought that was really amazing and and as it is now they're doing it manually but when ai gets better and you get something like quantum computing who can just do everything uh in in that very small amount of time i mean we could get new chemical um kind of analogs uh that we would have never gotten prior right because it's just it's more effortless this way um when google researchers made their supremacy claim in 2019 they said their quantum computer performed a calculation in three minutes and 20 seconds and that would take about 10 000 years on the state of the art conventional supercomputer and that's really what it is right whatever it is it's involving computation and that's most research in life and you just put the supercomputer to task it doesn't mind this is really i think uh revolutionary we're at this crazy precipice right now in in human existence right um where it could i mean obviously it could go either way but i i i hope we can get a reign on it because if we do all this right if we do this quantum computing right if we do this ai right don't use it to destroy ourselves or whatever uh we could have a pretty you know just a new paradigm entirely than than we have seen in history um the google computation also turned out to be less impressive than first appear this is still obviously in its um infancy so you know this is the kind of stuff we is at least the way that i see it right you're like we should really be championing this um kind of research and discovery because at the end of the day um it's going to benefit all of us and yeah the old paradigm might go away and that's always some but of a grading experience and it's easy to kind of naysay this type of stuff because it's just stuff that we're not familiar with right and that's kind of a part of the human condition being a little bit hesitant of things that we're not familiar with but um you know we crack this and if it's used for good uh yeah it'll be quite a beautiful quite a beautiful thing um let's take a look here we're talking yesterday about cacao coffee beans are also experiencing it um you know i was talking about how ganna was having you know their kind of day in the light with uh the rest of the world and how they've been kind of taking advantage of i guess regarding their cacao prices but um they're also a major producer of coffee beans as well so coffee consumption in the us is at an all-time high two-thirds of us drinking coffee every day of course and from the land to labor the price we pay for beans doesn't account for everything that goes into the coffee um you know plus with climate change increasing drought and disease farming is becoming an even riskier financial endeavor but for more than 50 years the price of unroasted green coffee in other commodities markets have averaged less than two dollars a pound and we were just talking about in the den uh you know in st pete i'm paying six bucks and i don't do this but i've done it like a few times six bucks for like a small little frappe and it's just uh i mean i don't know if i'm insane or something we're doing that folks stay tuned we'll be right back are you looking for a way to consistently add winning trades to your portfolio tom o brian is here to help tom o brian has been successfully trading markets for over 30 years a frequent contributor to td ameritrade network and cnbc tom o brian found a tfnn over 20 years ago to help educate investors just like you tom's 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that bulk volume so a lot of the coffee roasters are getting out of there they're selling their farms and it'll be kind of interesting to see what happens about that for our little I don't have an article up for it but I was reading it last night for a little science discussion for the day I saw this headline there was something like five million people in you know austronesia in this region will will die from antibiotic resistant bacteria in the next decade and so it's kind of discussing this and I started researching you know what what are people doing in order to prevent this and there's these little viruses called bacterial phages okay and bacterial phage meaning to eat in in greek and so we were actually the western world was actually working on this before penicillin was accidentally discovered and then we went to the way of antibiotics in about a hundred years now since that point a lot of the by excuse me a lot of the bacteria are developing immunity to it and you know that's because we've been dumping it into the environment and over prescribing and and so on the soviet union never went that route and they continue to develop bacterial phasal therapies and so a lot of people in europe that now have antibiotic resistant infections are going to places like georgia in order to get some bacterial phasal kind of therapy and I think that's really amazing and there's some people out in america the active I guess enzyme that these viruses use in order to break up and then replicate within the bacteria something called lysine and there's a lab here in america that has synthesized lysine and apparently that's a more direct way so keep in mind keep a lookout for any kind of pharmaceutical companies that might be employing something like that in the next decade folks thank you so much for joining me like I said Tom will be back Tuesday we are out monday so is the rest of the market have a great night folks building wealth trading in the stock