They saddened by a shooting that took 3 lives inside a northern California Veterans Center the president says the gunfire claimed 3 incredible women who cared for our veterans correspondent Dan Simon says the victims and the gunman were found dead after an hour's long standoff with police we're told that the gunman was asked to leave the facility a couple of weeks ago we don't know what led to him leaving Obviously there was some sort of discord inside and that's likely what caused him to come back took those 3 women hostage and children the Justice Department wants to ban bone stocks proposing to classify the rifle modifiers as machine guns which are already outlawed by the federal government federal law enforcers rejected that classification years ago on Jan Johnson. Talk Radio 790 K B C News sponsored by state or brothers have your groceries delivered from state or brothers water on line at state or brothers dot com with Insta card get the same great prices online is in store state or brothers and insta card quality and convenience delivered live a local a 10 o 2. Pomona police officer has died after he and a fellow officer was shot by a barricaded suspect in Pomona last night those shootings occurred in apartment complex about 9 10 pm in the 1400 block of South Palomares street see the officers pulling their colleague away from the home that they were in front of where the shooting happened and then begin performing C.P.R. On that officer in the middle of the street N.B.C. 4 is Rickman Tanya's the 2nd officer is listed in stable condition but Mounted Police Captain Christopher Berger says they barricaded cesspit to still hold up at this point we don't have a whole lot of details is still a very active situation he still has not been taken into custody the slain officer is identity has not been released a man and a woman holed up inside a Palmdale home after fleeing a traffic stop surrendered to authorities today a 39 year old man and an 18 year old girl fled the scene of a traffic stop in the $38000.00 block if if. St about $750.00 last night or ran into a nearby residents deputies found narcotics on a stolen handgun inside the vehicle and later determined one of the suspects was a gang member lifeguards are searching the waters around the Santa Monica pier today for a black man in his thirty's who jumped into the water just before 1130 last night 70 K. B.C. Sports cactus league play to day the age of the Giants get together the Dodgers host the Cubs N.B.A. The Clippers host the magic of 730 N.H.L. The Kings will host the blues today join us for the pre-game starting at 1230 this afternoon on your home for King Saki 70 K. B. C 790 K B C dependable traffic collision blocking the number one and 3 lanes of the southbound 5 just north of the Burbank Boulevard off ramp K B C So Cal weather is 70 percent chance of rain today and tonight right now 59 Santa Monica 60 downtown Los Angeles 55 a gray hills jury Your a sin K B C News. Furnished by fast forward and online trading Academy today's show is provided for entertainment and general information purposes opinions expressed are those of the presenter only we make no promises or guarantees of investment performance online trading Academy is not our broker dealer a certified financial planner or registered investment advisor enjoy the show. Welcome to the show with your 1st time listener then we are pleased to meet you my name is rank up and we're excited to have you with us today joining me as always is my great friend director of instructor development and top instructor at on line training academy he is who everyone wants to be like the brains of the operation Mr Ph D. The stock Dr Larry Jacobs and Larry how the heck are you doing today great RYAN In fact we can have a great show because the way the markets have been behaving the last week or so lot of great informational be able to share with our listeners this week a lot of great information a lot of great opportunity to make money especially if you know how to make money in any market condition and right now we've really experienced this in some of my favorite times we have markets like this and I. Are conventional buy and hold or would rather that the markets just go higher but that's just not reality this is not realistic and these market conditions offer a something new almost every single day which is so much fun it stimulates the brain we get really excited for stuff like this this is I agree with you 100 percent this is going to be a great show one of my favorite things about the show that we get to talk about kind of on a weekly basis when we jump on we do this is it brings out my rebellious side and Larry and I have joked about this for a little bit but I'm responsible for a number of grey hairs on my parents had as a kid broke pretty much every rule out there now one of the rules that was shared with me as a youngster that I'm sure a lot of your listeners out there are going to can agree with or maybe you've been told this in the past is that you're not supposed to talk about money you know my mom always say don't talk about money it's not polite right there's different things that we're just not supposed to say and the money is one of them well my rebellious little 12 year old gets to show up today and gets to say you know what we're talking about money because you are financial family out there that is what we are focused on is how can we help really every listener out there everybody within earshot of this microphone how can we help you generate more consistent income in the markets and we always start this show off with it's a 3 part conversation and this is a very important piece too to understand and I always love getting Larry's feedback on this Mr Stock doctor himself but when I say it's a 3 part conversation it's because the markets have 3 directions and last night I was actually working with a brand new group of students who are online we're chatting about different strategies in the market we're talking about how important it is to be able to make money when the market goes up down or sideways imagine if you had if you were job. Separated the days of the week and they said you know what you're only going to get paid you have to work every day but you only get paid for every other day right would you take that job Larry would you take that job you have to work every day but you'll get paid every other day no but it was my old job. But but that's kind of happens in the markets our money makes money on the way up but also and on the way down our money is not getting paid anymore it's out the money it's out in the markets working with not generating any income right so when we're not having strategies that profit in multiple directions it's like only getting paid every now and then you know what I know we're going to pay you for 20 days a month or whatever you know the agreement with said we don't pay for $10.00 right that's kind of how the markets work if you're only in that buy and hold if you're only in that bear scenario so we're going to spend a lot of time today we've got the next hour ahead of us will be able to talk about many different ways to generate income in the markets whether it's income today or what I like to say income for tomorrow retirement money but again it always boils down to Larry those $3.00 components of being able to make money up down and also sideways Well this is an exciting time because about every 10 years we have a correction and we've been kind of overdue I mean the last one major correction we had was in 2008 we're sitting here in 2018 but right now if you look at the markets today they're not going higher they're not going lower they're kind of in that standoff right now and this is good for people who are knowledgeable about trading not so good for people who are in retirement holdings and not knowing what to do next let me explain well all the sudden the market could continue to go higher that would be great for everybody because people that are holding like retirement funds or say you have some savings or some of your own investments out there then the possibility of the market going higher it works out really well but what if you're someone who's never been educated you don't know or understand that you could make money when the markets go down now for a lot of our students they're excited they're prepared for either direction what I'm really nervous about Ryan is people out. They're like our listeners who might be getting ready to be caught up in yet a nother dismal correction and last time I remember talking to so many students after 2008 they were just completely confused they don't understand why like you said earlier they're making all this money on the way up and then all the sudden there's this reset like a bowling pin you know playing bowling it resets that now they've got to go back and do this all over again so one of the things that we want to try to educate people to do right now and I think it's crucial and again this is good news it doesn't matter your age your background you know what you've done prior in your life you can be coached into learning how professionals trade and one of those things we talk about is what's called shorting the market where we know that prices that go up can come down only this time like the professional banks you are making money alongside them absolutely and that's one of the keys to this whole thing is do what the best people do right with you're going to go take a golf lesson you want to get better at golf you want to go and you want to find who the best golfer is out there and do what they do find the best golf coach and follow along with them and that's the exact same thing that we really indorse here and on one trade he had me and why our strategy is all based on what the institutions are doing what the institutions are buying what the institutions are selling one of the things that you can always look at is J.P. Morgan a little while ago released their numbers and they were able to show that they had 9 losing days in 5 years only 9 losing days in 5 years and when you go back to the market situations in the market activity there's been plenty of down activity in the market so they're obviously profiting on the downside So step number one like we were talking about a few minutes ago be able to profit on the downside if you want to be able to generate consistent and that's the key word consistent income in the financial markets you have to know how to profit on the downside and Larry was just touching on that one 1st kind of topic of that as far as shorting being able to sell stocks and then profit as they're going down and you may have thought about that in the past you may have you may have really kind of looked at your portfolio one point in time where you may have thought you wanted to build a portfolio and how do I do that or how do I get my portfolio to grow. Especially when we know there's volatility in the markets and when we know prices can fall well shorting is a great way to do that and we have a half day class coming up in your area and that half day class they actually show you exactly what it takes to be able to generate income in the market with shorting being able to sell high be able to buy low how you anybody I should say how anybody out there could make money in a falling market right now when you register for the free class you know you also get the Wall Street insiders kit it's packed with lessons from some of our top instructors on topics like shorting the market which we're just talking about in here but also other forms of income generation capital preservation crypto currencies and much much more the Wall Street insider kit is so critical because it makes it so you can get started right now we have 2 free passes one for you one for a friend and like I said we're thrown in the Wall Street insiders kit just for getting registered but to get them we need you to call now and reserve those seats 888991 trade 888-991-8723 or register on line at free O.T. 8 class dot com and shorting is a good way to make money as the markets are falling there's a lot of different ways to make money out there and a lot of our listeners have IRAs 4 A one K.'s are S.P.'s different account types like that what are some of the tools that they can use to generate that income in a falling market inside of those accounts Well let's take it step back and just say many people I talk to say how is that even the legal that I could be selling something I don't even own that's a great question but the reality is it's completely legal you can go out there and borrow shares from your broker and be able to take advantage of the market's going down and let's face it that's exactly what happened if you really think logically for a moment Ryan when we were all seeing the markets go down in 2008 and we were along those markets how are the banks able to make so much money then because they were shorting against us and normally when this tends to happen you start to hear all this euphoric news about what's happening in the markets and this is like a. Great recovery if you recall back around 2007 and 8 they were actually promoting Bear Stearns stock 5 days before the entire laps so one thing I like to tell my students and something great for the listeners are you got to learn how this important statement is is structured it's not about the news it's about the clues what we teach our students and again we've been doing this for over 20 years in over 40 campuses worldwide as we're teaching our students how to read price charts and identifying where the big banks are buying and selling and by doing so it doesn't matter if the market's going down doesn't matter what the news is if you can read a chart you're coachable and follow rules you have a high probability of success of making money like like the banks do when there's a major correction that's coming and it's not even that the banks just make a little bit of money as the markets are going down they're turning record profits if you remember back to 2008 and seeing the numbers that they were putting out there and everybody was wanting to have these kind of kangaroo courts for the C.F.O. Those because of how big their bonuses were but their bonuses were big because they were performing they were performing their companies were making a ton of money how are they making a ton of money they were profiting off the collapse in the market now US the average investor out there do we like to hear that somebody is making record profits while our IRAs were all for one K.'s R S P's are really shrinking up there shriveling up like a dried prune in the desert no and so we get we get frustrated we get angry and the thing that I the thing that I like to throw down with that is I like to say well it's not just get mad let's do something about it right because that opportunity is right in front of everybody anybody can go into the markets in short anybody can go into the market set up account put on a trade and be able to profit on the downside you don't have to be a financial institution to make money in all directions of the market and let me if I can add to that because I think one important thing to understand is the banks are the ones our whole lives have told us you need to go long you buy low you sell high which is great but at some. Point the high becomes the catalyst for a correction and I always like to use this analogy Ryan of a car you know when we're not educated properly and how to manage our money it's like me selling you a car right now that can only go in drive and reverse you can manage it maybe but the idea is you're going to take a lot longer so be a lot more difficult to to control the car if all you can do is go in circles because you can't go in reverse that's exactly what the big banks are wanting you guys to do right now and it's important that you get yourself educated because as I mentioned every 10 years there has to be struck me but a correction and this could be that year and you don't want to be caught off guard again yet and I'm trading how to be like you were mentioning earlier we've been around for over 20 years and so you're talking about 2 of the largest crashes in recent history at least we've gone through both of those and we're going to go through this next one and if you're in the markets right now and you've been paying attention to it you've probably seen this kind of start to unfold in the market a lot of this volatility coming in a lot of these losses getting passed down to the buy in holders that doesn't have to be you learn how to generate income inside of a falling market and you may have like I say you may have thought about that before you may have lost money in a market crash and you may have said you know what I'm not going to let that happen to me again and if that's the case then this have to class is a perfect fit for us like we were saying earlier this is exactly where you get to see what it takes to be able to generate that income in a falling market no more are you held hostage by a bull you can be a bull and a bear right when you register for the free have to class you also receive a Wall Street insiders hit the Wall Street insiders kit is packed with lessons from some of our top instructors on topics like shorting the markets additional income generation strategies capital preservation crypto currencies and much much more the Wall Street insider kit makes it so you can get started right now and we have 2 free passes one for you one for a friend and like I said we're thrown in the Wall Street insiders kit just for getting registered but to get them we need you to call now and reserve those seats 899-138-9173. Or register on line 3 O.T. a Class. Larry we're heading into the break which we jump into when we get back to the start of the discussion let's talk about retirement how to protect yourself especially if there's a correction absolutely right in the stock Dr be right that. The stock market is at all time highs How is your portfolio are you prepared for retirement online training academy a global leader in financial education is giving away free half day classes this week you can actually learn the professional approach to financial freedom with instructors who work the trading floor on Wall Street simple changes to your investments to mean big changes to your income call us now to register for this free half day class these classes are available to you regardless of your current level of knowledge or experience in the markets bill and online trading Academy student said the profits that I have made through my trading has allowed my wife and I to travel the world call now and will send you our free Wall Street insiders tips with powerful video lessons to jumpstart your education call the team at online trading Academy now call 889918723 that's 88991 trade to reserve your seat that's 888-991-8723 extension 1 more time 888991 trade or online it free class dot com. Rate you. Pay A.B.C. And. Welcome back and if you're just tuning in you missed Larry the stock Dr Jacobs and shed some light on how we can make income how we could generate that income whether it's income today or income tomorrow inside of that falling market in that bearish market as the markets are collapsing still being able to generate income is an amazing is an amazing skill to have and whether you're just tuning in or you're a 1st time listener or maybe you've been with us for the whole show don't worry that was an amazing segment but the best is yet to come at Larry when I'm talking to our listeners sometimes it's in class last night I was teaching a class sometimes via social media many of them are saying that they don't have enough money to retire and that those that those that do have enough money are quite. Sure how to safely invest it especially with our markets at al