 Our phone number is 877-927-6648. Give us a call, folks. Want to know what's going on in your world. But right now, we're going to go over to the world's man, Mr. Dave Mazda. Dave is the head of product and the managing director at Direction. Dave Mazda, how are you doing? Doing well, glad to be back. Yes, and you know, Dave, we were scrambling down here in Florida, and we're cool. Dave, they've hit 135 miles, and I missed you. You were on Bloomberg, right? With all the ETFs. Did you ever, you know, first off, tell them a little bit about that, but it's amazing that they got a whole program now just with ETFs, right? Yeah, I think some folks were not as early adopters as you and your team has been in ETFs. And yeah, now Bloomberg actually has their own show dedicated once a week dedicated to ETFs. And, you know, topics range from everything from things that we talked about, the basics and adoption of ETFs to what we were talking about, our leverage and inverse ETFs, and particularly fun that folks know well, Soxel, and just some of the interesting behavior that we've seen there, where, you know, that fun continues to see people buying the dip even as that space has been hammered. That is interesting, man. That's pretty cool. See, that's, and folks, so as you come over to our TFN, you're listening to TFN right now, well, you can hit that direction banner, you can come right over and the bottom line is that you'll get right into the direction site and you gotta remember something, that every day, as Dave was just talking about this, okay, the bottom line is that they give you the biggest daily movers and shakers in the market. So it's really cool. So Dave, what I'd like to do today, when we got a rally going, and you know, we'll see how this shakes out inside of the bond market, but you know, bottom line is that, you know, whether you're a bull or a bear, folks, okay, we have two, we have the TMF and the TMV, you know, that basically you're gonna be a bull or a bear on this market. So I think that, you know, actually, there's so many places that you can go today, right? You know? Yeah, I think you're right. So a lot of folks just think about trading in stocks, right, and so if you have an interest in trading, particularly leverage university, Jeff, we know they're daily trading tools. So you have to make that buy, sell, or hold decision on a daily basis. TMF and TMV, to your point, are actually in the fixed income market. And what they do is they provide exposure to really the long bond index. So 20 plus, 20 plus treasury, that's where the volatility has been this year. So treasury volatility has been a bit off, you know, off the charts. Only recently has equities and credit kind of caught up, even though they struggled this year, because all the moves have been really in the equity, particularly start the year, the fact that people were not expecting the Fed to be as aggressive as they has been. And of course, there's now people saying, well, maybe the Fed should pump the brakes, but the more hawkish governors last week came on and said, you know what, we got to fight this inflation back. And all that's done is put further pressure on bonds and that's seen the yields go up. So we're really seeing a ton of activity in both the bull and the bear fund here, as people really fight it out. Now the bear funds gotten a bit larger as you'd expect because the performance has been so strong, but it's not as if we're not seeing activity on the bull side because I do think we're at an interesting juncture. Now we're starting to see some cracks in the economic data. Today's PMI still above that 50 line, but weaker than expectations, big employment number coming out this weekend. We're in a weird place where the stronger employment is, it's more cover for the Federal Reserve to continue to raise rates. I think at some point, because they're so behind the curve, there may be some issues here, like what's going on in the UK and their pension system and the impact in the guilt market. But as you were saying in the intro to this, the dollar continues to actually be not just a safe haven, but an area where non-US investors look for our performance and that's actually gonna be further support for I think the Fed to keep doing what they're doing. Yeah, no, I can see that. There's, it's great getting a bounce so people can, well, it turns into a great trading market. That's the reality. So what I'd like to do, can we change gears just for a second? I wanna go over these singles, the new singles that you have, right? And when I was looking at them, when we're talking Microsoft, we're talking Amazon. And so you get a one to one, then you get a one to 0.50. And the, so the aspect is that, is the reason you only have a one to one 0.50 on one side of how that you handle these trades all the time? How does that work? Yeah, so we have 10 ETFs, a bull and a bear on Apple, Alphabet, Microsoft, Amazon and Tesla. And in this particular case, because individual stocks are more volatile than an index of stocks, all else being equal, we felt it was appropriate to have a lower leverage point. So here we did 1.5 times still really attractive for traders on the bull side. And then just that inverse on the bear side because we know that a lot of folks for good reason have been longing these names, especially Apple and Tesla, those folks have worked out really up until recently. Those two names have held on relative to the broader market for much of this year. Obviously we're starting to see cracks in that. Concerns about interest in the new iPhone 14 production there. And then Tesla's numbers that came out last night or this morning about vehicle deliveries being less than expected. So we launched TSLS, TSLS for example, for traders to take advantage of the moves that we're seeing out of Tesla. And folks with so cool, so come over to the website, get over to the direction, because what's so cool about this like a daylight today, if you want 1.5 exposure on the way up, you have it. And if you own those stocks, as Dave's saying, you can just go for the bear side and stay delta neutral. Dave, thanks so much, thanks for the education. Look forward to speaking in two weeks. Thanks for having me. Thank you, stay right there folks who come right back.