Protection product safety insurance and Data Security subcommittee will come to order. Were pleased to have our witnesses here on a topic that i think is of value and has some opportunity for us to make a difference. Whether its garth brooks concert at wichita, a ku basketball game in lawrence or the mosthyped and prestigious broadway show of all time hamilton, the digital age made acquiring tickets easier than ever, but an ageold issue of ticket scalping has been made more prevalent by advances in technology. When youre trying to pick up tickets for the next big event, youre no longer competing against other eager fans, youre now forced to compete against an army of sophisticated ticket bots that overwhelm the website with brute force, scoop up as many tickets as possible and resell them on a secondary market at a significant markup. So whats a ticket bot . Heres my quick example. Live performance is happening. Garth brooks concert in wichita. You know lots of people who want to be th
The female celebrity accounts that were hacked. From the cloud, from icloud and c nbc had a report that china likely attacked icloud accounts and then in 2015, last year, apple had to release a patch in response to concerns that there had been brute force attacks on icloud accounts. So im anticipating, well see, that apple will take further steps to encrypt and protect not only its operating system that it has today, but also, the protection as well as the icloud accounts. And ill just close with this. I have on my iphone all kinds of messaging apps. That are fully encrypted. Some better than others. Some were designed in the United States. A bunch of them were designed in other countries. And im not i wouldnt do anything wrong on my iphone but if i were a terrorist, i could use any one of those apps and communicate securely and there wouldnt be anything that the u. S. Government, not the fbi, not the congress or the president , could do to prevent that from occurring so i see this as,
Rules on blm lands and oil and gas management. And the rules are putting people out of work. There are railroad locomotives sitting idle in my state for the first time i can ever remember just parked. Hundreds of them. In fact, nationwide i asked someone with the Union Pacific railroad this question and she told me the Union Pacific railroad has 150,000 locomotives parked with nothing to haul in the nation right now. That is the extent of the slowdown that agencies such as yours have put on this economy. We are unable to produce the wealth of this country in a way that can emphasize the importance of having clean, reliable Redundant Energy and concentrate our time on making it even cleaner all the time. Now, of course, a lot of that energy comes from land managed by the department of the interior, more than 40 of the coal produced in america is produced on federal lands. Of course the vast majority of that is in my state of wyoming. Wyoming also produces a large share of the natural ga
Down. Scarlet i struggle with inventory numbers because there was a smaller than estimated build in crude inventories. Bigger than estimated in gasoline. It is difficult to make out what to make of it. It is sort of difficult to figure out what is going on, Technical Levels in the 40. I know you will work on it. Thank you. Moment,rading at the energy had been the best performing group within the s p even with oil coming down now, it seems as though major averages are holding up well. The are certainly near highs of the session. I have been watching volume seeing Trading Volume down today, the fed minutes coming out at 2 00 p. M. The only place we see a substantial surge in am is industrials. All the Industry Groups are seeing pullbacks involving them today and overall for the s p 500, lower than the 10 and 20 day averages. It is interesting that again we are seeing Stock Market Holding up. Besty is no longer the performing group. It is now health care supporting the gains in financial
Fomc meeting has a bias thats phenomenal. Theres a regional fed study that indicates that Something Like 50 to 70 of all the gains in the stock market could be had if you just added up these days. Theres some discussion of what investors would like to see in the fed statement this week. Whether they need the fed to show support to the markets. Whether they need to back away from the mention of increases in september. Does any of that need to happen for the market to stay positive . The feds will be a little obstinate about things. At least theyre carefully monitoring whats going on elsewhere and that they remain data dependent and theyre going to wait for the thing to build up so that will give us a little bit of space. How much of this has to do with the fact that crude seems to be behaving. Is that allowing people to kind of look beyond that at other things . Does that mean that we should pay even closer attention to earnings this week . Of course we have apple on tap after the close