Month: July 2021

The Tessa Jackson Sports Update [7/15]

By Tessa Jackson

Steven Stamkos, captain of back-to-back NHL Stanley Cup Champions Tampa Bay Lightning.

There is so much to talk about this week I’m just going to do a quick rundown of everything going on, starting with the Tampa Bay Lightning being crowned champions of the NHL last week for the second year in a row. Nikita Kucherov was the star of the playoffs for the Lightning, and he is certainly celebrating. It seems that the whole city of Tampa is celebrating a little too hard; they managed to dent the Stanley Cup during one of their many boat parades.

The Milwaukee Bucks will have been looking to tie up the NBA Finals series on Wednesday, so you will know by the time you read this whether they were successful. While the Bucks killed the Suns in Game 3, I thought that Game 4 would be closer, and I was right, with the Bucks squeezing out a crucial six point win. I still think The Phoenix Suns will win the Championship, the question is, in how many games? My prediction is Suns in six games, they are just too good at home. Game 5 is on Saturday, July 17, and Game 6 (if necessary) is on Tuesday, July 20, and Game 7 (if necessary) is scheduled for Thursday, July 22. (Editor’s note: Game 5 has since taken place, in which the Bucks defeated the Suns 123-119)

Fun fact: Whenever tennis star Novak Djokovic is at Wimbledon, he eats grass. He says it tastes like sweat.

I was right about Roger Federer having a hard time beating Hubert Hurkacz in the Wimbledon quarter-final; he
lost that match and the men’s singles final match ended up being between Serbia’s Novak Djokovic and Italy’s Matteo Berrettini. Djokovic won his 20th Grand Slam title, tying Federer and Rafael Nadal for most men’s titles. Australian, Asheligh Barty, claimed the women’s singles title and looks like she is going to be a force to be reckoned with.

Everyone’s favorite MLB team (note the sarcasm) the Houston Astros, have really been heating up. They have taken the top spot in the American League West, a division they share with the Oakland A’s. The A’s are still in the wild card position; I just hate seeing the Astros at the top. But the man that everyone has been talking about is on a team that barely has a winning record, also in the American League West, Los Angeles Angel’s Shohei Ohtani. People have been comparing him to Babe Ruth because he is a pitcher who can also hit. To be honest, I don’t really know that much about Babe Ruth, but from what I’ve read, Ohtani is better, much better.

People are calling him a “once in a century player” so do yourself a favor and check him out. The Los Angeles Angels can still hardly win a game, but at least they have a winning record so far this season, unlike the last five years. Maybe when All Star, Mike Trout, a man who has been loyal the Angels despite being one of the best players in the league on a mediocre team that almost never makes the playoffs, comes back from injury
they will have a chance.

Well, the Dustin Poirier vs Conor McGregor fight didn’t last very long. Poirier beat McGregor by Total Knockout when McGregor broke his leg in the first round. It looked like he stepped on his foot wrong, and his leg just snapped, but it turns out he actually kicked Poirier’s elbow, which caused the fracture before he stepped down. With an ending like that, I’m sure we’ll have to see these two fight again.

Coming up in just one week will be the Summer Olympics opening ceremony, so we will talk more about that next week.

Market News [7/15]

By Nick Spano

Good evening, ladies and gentlemen. It was a rough one out there today. Earnings season is here, but earnings were no match for the all-powerful consumer price index (CPI) The CPI issues by the Bureau of Labor Statistics on Tuesday and showed a 5.4% year-over-year increase, the largest annual increase since August. Yes, inflation scared investors and the Dow, Nasdaq, and S&P 500 indexes erased gains midway through the day.

The past few weeks have been rough for Bitcoin and Ethereum. Both cryptos are down more than 50% from
prior peaks, leaving crypto maxis in confusion. Bears say Bitcoin’s June “death cross” will lead crypto lower.
A death cross happens when an asset’s short-term moving average falls under its long-term moving average.

Bitcoin’s chart is bad news for bulls. To make matters worse, death cross formations are emerging in other large-
cap crypto charts, too. $XRP, $ETH, $BNB, and $DOGE could be weeks away from their respective deaths. On the flip side, bulls think cryptos (like $BTC) might be waiting to break out. Bitcoin is flashing technical signals
that point to a strong jump in price from current levels as soon as next week if trading volume continues to pick up, digital asset broker GlobalBlock said in a note on Monday.

The price of the world’s largest cryptocurrency by market capitalization could break out from its current sideways trading range and jump to $42,000 in the next couple of weeks. A jump like this would be 26% higher
than bitcoin’s price of $33,171 seen around midday on Tuesday.

Underpinning this prediction is the Bollinger Bands indicator, which defines an upper and a lower range that forecasts volatility when constricted. The indicator has been at its tightest spread since September 2020. That month was when bitcoin began its run-up from $10,000 to its all-time high of nearly $65,000 in April of this year.

In other news, The Space Battle of the Billionaires has moved from the Twitter-sphere to the thermosphere. On Sunday, Virgin Galactic founder Richard Branson boarded Virgin’s VSS Unity, traveling faster than three
times the speed of sound to reach the edge of space. Branson just became the first billionaire founder of a space
company to go to space on his own spacecraft. Next up is Jeff Bezos, who announced his trip before Branson
decided to out-space him. The former Amazon CEO plans to take off on a Blue Origin spaceplane on July 20,
along with his brother and a mystery bidder who’s dropping $28M, or $2.5M per minute of ride
time, to join them.


Apart from fueling billionaires’ egos, these trips are major endorsements for NASA-sponsored space tourism (think: going to dinner on the ISS). NASA is leaning on private companies to help commercialize space. In May last year, Elon’s SpaceX became the first private company to send humans to space. In May, Virgin completed its first human spaceflight, a critical step before it flies space tourists; ETA: early 2022. While $250K tickets to space make headlines, tourism is still a tiny sliver of the space industry.

The space industry is taking off in a real way. Space startups raised $7B in 2020, double what they raised in 2018. Today “space customers” mainly consist of. governments and companies paying to launch satellites, cargo, and astronauts into space. In the not-so-distant future, they could be commercial space tourists. In the more distant future, they could be space colonizers on the Moon and even Mars.

Lastly, big business is feeling the pushback of the US. On Friday, President Biden signed an executive order to curb the dominance of companies in industries including shipping, agriculture, healthcare, and tech. The goal: promote competitive markets and limit corporate dominance in everything from railroads to prescription drugs. It is part of a broader effort to confront consolidation and perceived anti-competitive pricing in big industries while also putting big companies on edge.

A Very Berry Jam for Cran, 7/24

A Very Berry Jam For Cran, Saturday, 7/24/21 from 1 to 10 pm at Dunstone Memorial Hall in Oroville Ca. The Golden Quest Band will debut with Dave Herbert, Scott Guberman, Jeff Prescott, Burt Lewis, Cheryl Rucker and Shirley Starks. Also performing are Maggie Forti and Jeff Hobbs and Cosmic Strings. Advanced tickets can be purchased at wwwJam4Cran.eventbrite.com, don’t wait because with this line up and the beautiful setting tickets may be scarce. $75. general admission includes BBQ to be served in during the hour long dinner break at 4:20. A VIP ticket can be purchased for $250 each or two for $420. This VIP package includes VIP Pass for parking and entrance to the Argonaunt Parlor for a catered dinner with the band and the Cranfill family. This is a benefit for Berry Creek and all who lost their homes and have survived a winter and to Michael (Cranberry) Cranfill whose dream this is. He survived the Bear Fire but his house didn’t and he passed the end of February. For info please go to http://www.Jam4Cran.eventbrite.com