 and welcome all to the 2 p.m. update with me David White well we've got a market that's at least kind of a little bit of everything of course a lot of people running into the safety stocks in the Dow it's that fairly strong at about eight yeah let's call it eight tenths of a percent NASDAQ's down about one and a quarter percent where the S&P is down about three tenths of percent and the Russell actually up one and a fourth percent so what's the mixed bag out here well it certainly is a rush to safety in some of the Dow stocks of course if you ever investigated the Dow I don't use it as a big indication for its value mostly because of the shares of the Dow 30 96% are institutionally owned that means there's only about 4% that actually ever trade extensively so it's fairly easy to push most of those stocks around significantly about 26 out of the 30 can be moved without much in the way of actual volume and price change so I don't look at a great deal of it but when you see this the entrances like I said kind of narrow and exits are narrow too in the Dow 30 stocks but what we're really seeing here is a kind of a thought that maybe we want to see stocks that have been around for a while and have a lot of cash on the balance sheet and of course that overflows some of the other stuff going on in the market and that is if I can get it up here of course the dollar move it certainly looks like the Treasury is active the bond market starting to come back and respond to that TLT is at 9724 after blowing through the all-time projected lows of about 101 and going down much farther now kind of coming back just a little bit of course most people are talking about meta I call it meta Musil and I say it has IBS to down but more than 20% today the Mobilee Mobileye IPO did come out and we did kind of start to see some weakness as as usual when big IPOs suck up cash in the market we back in just a few minutes for the show the reality is that navigating financial market