 Ladies and gentlemen welcome to the webinar, we are in Jan 3rd of 2017, so this is actually a quite an ideal time to just look at what's going on where we are from various angles and that's the problem in the markets is that you have to look at it from various angles and especially this year, so because there's lots of stuff going on, why is 2017 in my mind by the way and it's not corroborated by anybody, it's not been consulted, verified, nothing, everybody is going to have an opinion, even the professional analysts are going to have an opinion but does that mean that they're going to be right? No, absolutely not, nobody is going to be right and that's really the beauty of the markets is that not one person is going to be right, I mean they might be right on one thing but they'll be wrong on something else because and that's why even technical analysis, see it's a study of crowd behaviour and it becomes so important in situations like this because everybody is looking at each other and wondering, okay what's going to happen this year, nobody wants to take the first move so but when somebody comes in, some big players come in and start putting in big money into something, the rest will follow, I mean that's just crowd behaviour and technical analysis basically, fundamental premise is that crowds behave in predictable matters which is very true, there is a lot of opportunity in this year but first I want to wish everybody a happy new year, happy 2017 and your families as well and 2017 is actually a pivotal year in my opinion again but this is the year we've got to break out, okay, this is the year you've got to break out because there is a lot of uncertainty coming up, we've all invested a lot of time, money, resources, whatever you want to call it, it has to pay back sometime and I'm saying that we need to get that payback this year and with a little urgency, okay so that's what this webinar is going to be and of course there's also going to be another one and you know basically what I just said is your option tiger is being reinvented with a little, like I said, a sense of urgency, it's not panic, it's not fear but it's just a sense of urgency that we got to do it now, people who just joined option tiger in the last few months may not have heard from me live and so you know just to have something different there, we are of course option tiger 2.0 and that means you know got to have a different picture there but you know I've been an options trader for 10 years and so I also have a you know a couple of ebooks and I do mentoring as well on Udemy of course I'm a best-selling educator in the finance and trading space, I have a bachelor's degree in engineering from India and an MBA from Columbia business school and as well as London. So now let's get going because you know there is like I said there's a sense of urgency this year and we've got to do something about it, okay you can't just simply sit back and let things happen because that's not going to be healthy for I mean okay if you're not invested in the market at all then that's fine but if there is risk there is also reward remember that people only think like oh the other way around but it's not when there is risk there is reward think of John Paulson 2008 right I think many people must know him he made four billion dollars from the housing crisis okay John Paulson and so did many others and so what we're saying is there is opportunity here we have to be vigilant and we have to be able to identify when those opportunities may come and what are the sort of indicators that something is going to happen along these lines but other than that nobody knows for a fact what's going to happen because now we are talking about pretty much out of you know any one entity or country or you know market or whatever you want to call it it's completely out of everybody's hands and so let's take a look at what those are all directions there's talk of new world orders being you know birthed right now there are uncertainty amongst you know in the leaders themselves superpower conflicts trade wars and recent elections in the US UK and Italy clearly show that you know people's sentiments are changing okay there's something going on we still don't have a finger on it but there is something going on now the the games that the feral reserve play and you know the artificial market levels and the artificial levels of stocks they've been out of control for last few years are in fact after the crisis and today I mean they've always been very high and today it's a peak so which means what if you're already at your peak you're borrowed up to your neck and frankly you know the Federal Reserve if you look at it if the Federal Reserve was just an ordinary customer they would be declared bankrupt there's no question about it okay debt to asset ratio of you know 35 percent 40 percent maximum if you go over the 50 percent threshold people generally don't give you extended credit I mean that's the situation we are in but the Fed believe it or not they have 98 percent debt and 2 percent assets okay so that's how bad the situation is and that's been going on for a while artificial market levels what do I mean I mean it's not that there is a conspiracy or anything but by simply by keeping interest rates at zero baby boomers and retirees what are they going to do with their money if they're going to get zero percent so they're automatically not forcibly but they're automatically channeled into the stock market and that's what has been you know going on it's been the stock market's been rising and it's just going out of control as far as the stock market is concerned you know they say 12 million job and in with all these financial numbers you've got to understand you the numbers that you see on TV and on you know headlines is not the real numbers okay so just in America right now we have yes Obama can claim he created 12 million jobs and by the way you know none of this is political from my side okay I'm just looking at it from an economic from a business perspective so it's not a political statement at all Obama can claim that he created 12 million jobs who did the excel calculations and looked at various segments of the population where were the jobs created where were the jobs lost if you look at that we are basically sending hundred thousand dollar jobs away from the country and you know burger flippers and you know those kinds of jobs it's very low value jobs there's no real you know beyond the basic skills there's really nothing involved over there so we are eroding value so that's a problem second problem is let's make no bones about it we are indebted like crazy okay 20 trillion or not by now it's probably 22 so all these factors are converging in some sense you can feel it you know the the tensions between Russia and us not just Russia and us I mean there's China there's all these guys North Korea Iran I mean there's plenty of players around the world who now believe that they are strong and powerful to you know oppose any any world power I mean you know in a way that's good but the problem is some of these are very rogue states with rogue leaders okay so if you look at it from that angle and you're wondering what's going to happen in 2017 you have your antennas are going berserk basically okay why why is it going berserk it's coming up why because Jan 20th or whatever Mr Trump comes into the white office I mean White House but he is let's face it he's pretty unpredictable guy right I mean and he can you know quick you know whiff of things you know he can he can create anything any kind of damage so that is a big scare and not just for the US in the rest of the world is even more scared of Mr Trump so you know that's the big thing coming up in January itself so if you look at your normal indicators to see what's going on and you know how would you determine what is what is the overall general high-level risk in the market people generally go to the VIX and I'm going to be you know there are some things I want to do today which is show the real deal