 for trading newsletters. The following is a presentation of TFNN. Trading Hour with your host, David White. Call now toll free at 1-877-927-6648 internationally at 727-445-1044. Now, David White. And welcome all to another exciting edition of the Power Trading Hour. With me, your humble, lovable, and squeezibly soft host. As always, we'd like to come to you at this time. The following takes place between 2 p.m. and 3 p.m. I'm listening. No, no, don't hear it. Is it there? Well, didn't hear it. Okay, well, they missed it today. What else do we have going on? Well, a lot of earnings, as we said, if you were looking for volatility and praying for it on Monday, you've got it now. The question is whether or not you were on the right side of that volatility, but you can never tell. Anyway, as we're looking at things, market's really trying to make a decision on whether it can go higher. Getting kind of close to the end of the month fund buying, which actually starts a week from today, really in kind of a little bit next Wednesday, but you might even get a little bit on Tuesday, but I think it's probably really gonna get big in the second half next week. Question is whether or not they can hold this market up after that. I suspect that we're gonna start seeing stocks sell off, individual stocks start selling off significantly in the next few days. There's gonna be a big difference between the winners and the losers. Talked earlier in the week about the Summation Index for the New York Stock Exchange and the NASDAQ, too, showing how weak, well, let me put it this way, how few stocks were pushing the indexes higher. So I wasn't really thinking that we were going to get much higher, and of course, we continue to look at the very weak numbers in volume in all of the markets. In fact, we're just at about four billion shares right now in the CBOE consolidated tape. I had some questions about that too, and we will answer those in the show. I'll bring the chart up from the CBOE, and I'll let you know what's actually going on and what these numbers mean. A lot of people were asking that I had sent the CBOE Market Share Volatility page too, so we'll bring that up. We continue to watch the winners and the losers. Of course, a lot of people talking about Tesla. I'm trying to think whether or not everybody would like to talk about just electric vehicles in general for the Tom O'Brien Tech Insider, portion of the last half hour of tomorrow's close, and we'll see. Anyway, maybe you can email me and see if you want. I think there's a lot to be said. I think I could do about 20 minutes on it today just off the top of my head, much less not asking or looking into it fairly far. But a lot of things that just seemed kind of weird, I brought it up a number of places, and I think this may be the most teachable moment. Maybe even write a book just on the bubbles in individual stocks that I've seen over the years, but maybe Tesla is gonna be the one that they write the textbooks about because this seems like even after the horrible earnings, I was busy reading the chat blogs, which are not a lot of use to anybody, but what I wanted to make sure was that there were still people that just believed in Tesla, didn't matter if it's going to zero, it's going to a million bucks if we just hold on. The same thing that people were talking about in Bitcoin was at 20,000. It's going to 100,000. When it came to $10,000, they were sure it was gonna go to 15,000. When it got to 5,000, they sure it was gonna go to 7,500 again. When it got down to 3,300, well, it finally had a bounce. But generally you're wrong for a long time. And there's one thing that I do say, which is there's nothing wrong, you're gonna be wrong in the stock market a lot if you play the game for a while. There's nothing wrong with being wrong, you just get out. But I'm sure one thing, and that is that there are people that are so bought in to what Elon Musk has said that it doesn't matter what the stock price does, they're in it to win it. They're gonna be there forever. And of course the first stock that I ever, I really started trading and investing in about 1994, but I think it was about 1995 or six. I think it was 90, 96, was iOmega. These folks, well, the Tesla folks, I mean, they're just a pale imitation of, or I mean, the iOmega people were just a pale imitation what the Tesla people are now, name calling, yelling, screaming, even Elon Musk trying to put restraining orders on people that are saying things he doesn't like, just the kind of insane stuff that only appeals to people that are truly in a cult. And I think that's probably the best way to describe it, there becomes a cult. And no matter what happens, there is a huge effort inside the cult to make sure that nothing comes in that can break their belief system about what that cult is about. And I see that continuing on today. So we'll talk about that. Yeah, there's always a bunch of folks, people. What do I think about the EV market in China? I think it's gonna be fairly big. What I don't understand is that everybody thinks that the Chinese people are gonna let anybody else come in there and build a factory and make money. I mean, it's against everything that they believe in. They've sent at least 30 companies that I can remember, packing, Facebook, Google, everybody that thought they were gonna come in there and clean up, they got one rule. And that is, as an American, your money is for us to steal or take or lie to whatever it takes, we're gonna copy what you got. You may come here, we'll see how you do things, and then we'll kick you out. And that's been it. It's been a long time like that. I just, some games you just can't win. And I don't understand that a lot of people think they're gonna allow somebody to come in there and really clean up. I think Kentucky Fried Chicken is the only one that's done well, if I'm not mistaken, but there might be some other ones. We're gonna go to break. I got some more questions to answer. Executive and middle management Tesla has been in such a flux for four years, as documented by Chain Ups. We'll be back in a minute. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. 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Details on the Tigers Den are on the front page of tfnn.com. Tfnn has launched our brand-new website. You can still visit us at the same tfnn.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new tfnn.com now and experience all the upgrades. Tfnn.com, educating investors. Oh, toll-free at 1-877-927-6648, internationally at 727-873-7618. And what can you say? Anyway, we were talking about Tesla and had a couple of questions come in. Of course, you can always email me at path at tfnn.com. We'll be glad to take your email or 877-927-6648. What I was saying is it's just a teachable moment. And one of the things I always thought interesting is when CEOs spend a lot of time hating on short sellers. And generally, it's because there's a reason to short the company. You can't, if the company's good, you're not gonna put it out of business. If there's problems, as the gentleman that hit Jim Chano's, hit Enron correctly, he calls short sellers real-time financial detectives. Because they actually find out what's going on, or at least the fundamental short sellers, let me put it that way, are real-time financial detectives because they know what's going on. They look at the books. They do the homework, which almost no one is willing to do. I don't spend a lot of time on fundamentals, i.e. the books. I look at the big market. And it's pretty easy for me to see that there's a lot of competition coming on. And I was actually looking at those companies this morning. And the Mercedes-Benz, one looks pretty cool. The Audi e-tron look neat. If I was looking for a sports car, the Cayenne, I wanna call it a Cayenne, but it's a K-Can, K-Can from Porsche. It looks very neat. Anyway, the other thing I was asking the other day was with all these EVs supposedly running everybody out of business in the gasoline market, why was the big lithium company in Chile doing rather horribly? Man, if there was gonna be the kind of end in day, end in station of huge selling of electric vehicles, I think it'd be very tough to get the amount of lithium that they need. And of course, it's been a bad week for Musk. The forest capsule blew up. All I can think of every time I see that is, where's your, what was it, stripes? Where's your commanding officer blown up, sir? But not a good thing. And of course, I'm a big proponent of SpaceX. I think they're doing a lot of the very smart things. But man, no mulligan there. If you blow up everybody in the capsule, kind of defeats the purpose, doesn't it? Very interesting design choice that they did by putting the rockets on the side of the capsule itself. But yeah, we'll talk more about that. Back to a show already in progress, where we haven't even got into the history. In fact, why don't we do the history, then we'll move on. And it's on the history repeating. On this day in 1859 at Port Said, Egypt, ground is broken for the Suez Canal. An artificial waterway intended to stretch 101 miles across the Isthmus of Suez and connected to the Mediterranean and the Red Seas. Ferdinand Lesapie, the French diplomat who organized the colossal undertaking to deliver the SpaceX, blow that inaugurated the construction, really didn't get fired up till about 1875. And of course, steam shovels, all that stuff really started coming. Surprisingly enough, this isn't the first canal that was made there. Back to the times of the Egyptians 2000 years before, they'd been making canals, but for very small ships. First one was only like about 75 feet wide and 25 feet deep. So a lot of the heavier freighters could not go through there. They widened it after a couple of years, started being used fairly regularly. There was a 99 year lease on it that didn't make it until 1950, where they threw the British out of Egypt and some of the surrounding countries. And of course then a lot of saber rattling and wars, the seven day war, a bunch of other things happened where it was closed periodically. But even to this day, somewhere between 50 and 100 ships go through it every day. But just that little cut right there where you can shave off going around the Horn of Africa made all the difference in the world. We'll go back to a few things. And that is, maybe we should talk about this tomorrow with Tom O'Brien. But I really love that there's a couple of books when I was a product manager that I loved. One of them was from a guy named Davidov. And it was called Marketing High Technology. And he always had this theory that there was kind of a bell curve. And at a certain point in the bell curve, that's when things normally hit the fan. And it's where you go from early adopters to the mainstream adoption of a larger market, the big market where the big, big, big money is made. And I was speculating that last year that's kind of where Tesla had become. They got over the people that wanna be smug and say that they drive a Tesla. Don't say that all people are smug. But for years, the Nissan Leaf people were the smuggest in the world. Maybe edged out in the last couple of years by the Tesla folk. But it doesn't mean that they're all bad. This means some of them were a little bit too smug. But when you're done with those folks, you've gotta actually take it to the big top, to the big time, to the big game. If you're playing in the minors and you go to the majors, there's a lot of times that there's a big culture shock. And if anybody wants links to those books, I'll be glad to send them to them. Another book that I found very interesting, actually series of books, that are kind of the Bibles for everybody in disruption in Silicon Valley, or by a guy that we had on the show six or seven years ago. And his name is Christensen. He writes about the innovators dilemma, a lot of ins and outs, but he did a lot of book work on hard drive manufacturers that won and lost from the beginning of time. And one of the reasons he did that was, there was incredibly good data because the magazines actually published it over a number of years. So there was something to go back to, a lot of times there's not that kind of data today. But he came up with some theories and they've continued to refine and move those theories together. But there are a lot about what's happening. And there is this kind of, they actually call it the bowling alley. You kind of have this early honeymoon period. And then it's like going from the miners to the majors and baseball. You find out what major lead pitching is actually all about and traveling and doing a lot of things that you don't do when you're in the miners. And that's kind of it. And like I said, I could probably write a book because it is a incredible, teachable moment for how stocks move fundamentally, not so much technically. We'll be back in a minute. The path of least resistance is David White's daily trading newsletter. And if you're looking for active trading ideas, then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter. Using a combination of equity trades along with options, David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. 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This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. We had kind of another question. We're not gonna even get much in the way of stocks or stock movement, I think, today if we keep going this way. But a very good question, and that is, somebody had my question on cannabis companies or the industry. And I just, my mother had a problem with taking drugs. They were prescription drugs. But it was part of the worst part of my childhood. She thought it was a pill for everything. And I can't hardly take an aspirin now. I kind of, it's like somebody that was an alcoholic that rails against anybody else drinking. I just, I can't see it, don't understand it, don't want to be around it. And so I'm not gonna be fairly impartial about who's gonna win or lose in the weed business. I can tell you though that almost from the inception of history, you don't wanna be in the business that everybody's calling a gold mine. You wanna be selling the picks and the shovels. You wanna be selling, I said, the best business probably be in is in Scott's Miracle Grow and Fertilizer. I've always thought that everybody would raise the prices and they would continue to tax it to the point that everybody just grew it in their backyard because that's the way government is. They can't help but kill the goose that lays the golden egg. So my belief that government is inherently evil, at least to some point or another, more of a libertarian than anything else, is that they can kill it. I remember when they brought the, what was it, the Lotto to the state I was living in. And they told everybody all the money was gonna go to the schools. And then 10 years later, they wanted to raise taxes for money to go to schools because they'd all looted all that money the local state people had. Anytime they say it's for the children or the schools or anything else, just grab your wallet, they're just lying to you. But anyway, what I was gonna say is you do, I mean, the big companies that have lasted out of the gold rush were a lot of the companies that made tools and the Levi jeans, one of the big ones. In fact, didn't he die on the Titanic? I think he did Levi Strauss. But you've got a lot of companies but it's almost always the companies surrounding the companies, and I would go back to IBM PCs. It wasn't the people selling the hardware that made the money for the most part. It was Microsoft now making money again. It was all those other companies making software for it. They made thousands and thousands of times what IBM did in selling the IBM PC. And now that is not true. And I think that's the very worst part of it for software on phones. The very little money actually being made, Apple says how much money that they actually have given back to programmers. And that's why generally those things die out. There are not enough people that can make money on whatever. And occasionally there's a guy that runs Flappy Birds and he makes a couple million bucks. But if you took the amount of apps and the hours it took for the iPhone, for the millions of apps they have, the average money made on everything is about a buck an hour. That's how much money that Apple has been able to give back to the people that have written software. For Windows PCs, that average is more like 120 bucks. So you can see when Apple destroyed the music industry, they also at least have some level of a problem in destroying the software business. Now, if you're a big company, you write your own app, that's kind of a cost of business going forward. You're not gonna really make the money with that app. You're gonna be able to drag the folks into your ecosystem maybe with that app like Facebook or something else. But it's a lot different. Anyway, we've been meandering and I think this one episode is enough for me to win the Diagressing Award once again at TFNN. But we'll go and start looking at some charts here. I've digressed long enough. Let's go ahead and look at, like I said, volume's been light, volume was light again yesterday, 2.3 billion shares as we talk right now. For the market, we keep kind of coming up to these levels but this is where you wanna see some kind of movement with some kind of volume. And at 2931, let's call it 2932 on the S&P Cash, you should be able to drag almost every company out of the mud with Facebook and Microsoft last night. That it's not doing it, that we're having a lot of companies actually reverse off these highs is problematic. But it doesn't mean it's time to pull the trigger and go short. As I said, my newsletter today, you're waiting to see them the whites of their eyes. That was in the Revolutionary War. I forgot who said that, maybe it was Washington. Wait until you see the whites of their eyes. Rifles weren't all that accurate back then. So they didn't wanna have a bunch of people and it took a minute to reload. So they wanted to wait and make sure that the first shot you got actually counted. I think this is one where you wanna think more like a sniper than having a shotgun and blasting around everywhere. I believe that the stocks to probably short are going to be individually one until probably the first week of May where the entire market will probably start to roll. But certainly a lot of the parabolic moves that we've seen in this market already have are setting up for any small pullback, a little pop higher and you'd be back to these. Now, one of the things I wanted to bring up was in Amazon a while ago, there was literally nothing to say that the stock was gonna pull back and it did. And it pulled back rather significantly. I'm gonna go back to that period where I pretty much pegged it and it goes back to 2017 where you got to a thousand bucks and it came all the way back, maybe about 60 bucks. I think maybe the one I was looking at actually where it came back to about, I'm thinking it came back from about 900 to 750. Maybe I'm not going back far enough. Can't remember. Let's go back a little farther. I'll find it. Because I remember it was at about 1,000 and it came back to about 750. Fairly quickly and it did nothing but go higher since then. But at some point you need a fairly decent pullback to make it look like it's a deal again. Eventually everybody just gets a little nervous about buying a stock that continues to go higher and you get that giant clear air, they call it flying and flying clear air turbulence. Where you're flying, everything's wonderful and then all of a sudden the bottom drops out. And that's when no one has their seat belts on and people bounce all around the cabin and you hear about it every once in a while, a couple of times a year. Clear air turbulence, I suspect that we might have that going forward, we'll be back in a minute. If you're in the CD market and looking for a secure investment, the Tiger First mortgage program may work for you. The security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida. The Tax Act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits, which makes these lots valuable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. A $50,000 investment at a normal four-year CD rate of 3.1% would give you income of 1,550 per year or 6,200 over the four-year period. That same $50,000 investment in the Tiger First mortgage program would give you 3,500 per year or 14,000 over the four years. What should you prefer? 6,200 or 14,000 of interest on your investment. If you'd like more information about the Tiger First mortgage program, you can call me at 877-518-9190. That's 877-518-9190. If you haven't checked out the newsletters page of TFNN.com, what are you waiting for? All of the TFNN newsletters are informative, up-to-date, affordable, and a must-have for every trader looking to gain a competitive informational edge in today's markets. TFNN newsletters cover every aspect of the markets to offer you the very latest in market news. Plus, new subscribers get to test drive our newsletters risk-free for 30 days. From all aspects of the markets, including stocks, bonds, metals, commodities and tech, there's a newsletter to fit your needs exclusively from TFNN. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV for the latest market information. And after the bell tonight, we've got Amazon, Intel, Starbucks, Grubhub, Cypress, Semi, Illumina, Alaskan Air Group, Capital One Financial, Afflack, Southwestern Energy, Juniper Networks, Proof Point, Discover Financial Services, Log Me In, which used to be, I don't know why they changed the name, but that used to be the PC Anywhere folks, and they've gotten into kind of Skype-like programs. Mattel, Shutterfly, SkyWest, Nautis Medical, Mohawk Industries, Principal Financial Group and Verisign. Mohawk is the one I'm going to be watching probably closely, because it's very tied to the housing business, which is tied to the U.S. economy. So I'd be very interested to see what they say tonight, not so much play it as see what they have to say, but a full cornucopia of earnings after the bell tonight with Brian. As we're talking about Tesla, I just wanted to look at it on the chart here for a moment. There's not a lot to be said other than the fact that it's down and breaking down. There's a bigger fundamental problem with Tesla, and that is below 240. There are a lot of these redeemable, what would you call them, warrants that they have that will turn into stock that will probably get sold. And it's kind of hard because this is extremely complicated legalese in these, but it sounds, from what I've read, that it's around 240 bucks. Many of the folks I think that kept Tesla up yesterday after the bell, even after they buried it after the earnings after five o'clock, I think are trying to get it out of there because then that creates kind of almost a down draft or a back draft, probably a back draft of selling from those people to get the warrants and sell them as quickly as they can. But I think if it goes below like 240 bucks is what memory serves out there. If we have any other questions, make sure and send them to me at 877-976648. Other big movers after the bell or after the earnings this morning have been some Xilinx. There was a lot of discussions about Xilinx getting bought out like Altira did and they've been talking that up for a month. Everybody's been around spending it. And of course, as most rumors go, they are unfounded. And I think that's, I mean, they didn't have good numbers anyway, but I think that a lot of this big run up is from the early week of February was all about this just drumbeat of people banging about it. And then of course it comes down. In stock markets, you have kind of a linear move higher and a logarithmic move or exponential move lower. Some people say that you walk to the top of the building, but the shorts jump off the top. And that's basically what happens. Not a lot of signal in there to tell you that it was time to pull the ripcord on this one, but certainly kind of a surprise. Altira was bought by Intel, or Intel after the bell tonight. They're actually just starting to see a lot of the synergies that they get back in there. Intel's kind of hanging up there fairly nicely. But again, I think that the honeymoon's over for the new CEO. He's done a lot of things that they like. I wouldn't short it. Still don't think it's probably worth a short, but I think it's probably one of these stocks that you're gonna have to wait until the current CEO gets exed out and they put somebody in there. It's kind of a big charger. We'll see how he does. Maybe he's not as bad as others that we've had, but I've never seen anybody that really came on and added anything that was a CFO to a high tech company. They're generally set there as caretakers to make sure that the people that actually built the business can get out. And so I don't think it goes down fairly far. Now they did kind of interestingly have a huge rollout this week of new processors and really never got any kind of bounce out of it. We may have seen that in the gap higher earlier this week. We've come back and filled half that gap. So if you are thinking the market is just going to the moon with a rocket, doesn't look bad chart wise, I think that there are much better, better stocks out there. Take a quick look at Microsoft and what it did. And I'm fairly amazed. I thought that this thing, that was about it. But man, have they been able to turn the web services business on? In fact, I was doing some consulting for somebody and they were asking me some questions because I know a bit about .NET programming. And they wanted to do it on Linux. And I said, whoa, they were trying to do it away. I said, well, Microsoft already does that. It's all free, it's all open source. Why would you go and do it the hard way when you could get all the stuff for free? And I said, lots of programmers around know it. What you're trying to do doesn't make a lot of sense. But the new CEO, since he's taken on and really hadn't made one bad step, I didn't think there was that much left to squeeze out of it, but they certainly have. The only thing you need to worry about is if you get a lower close tomorrow on this and make this an abandoned baby or a shooting star up at the highs. But continues to be the Amazon web server. I mean, their Azure web services system continues. Grew by 72%, 75%. And I think it goes back to the philosophy that Microsoft actually had. And I'm gonna find it here because I think it is another one of those teachable moments out here where you find out that basically the CEO decided he was gonna go right back to what Bill Gates did early on in building the company. And there was in all the work that worked, all the legalese going around the 2000 antitrust issues around Microsoft, what they found in the documents everywhere, I'm sure they're smart enough not to put it in emails anymore, but there was three words, embrace, extend and extinguish. What they would do is embrace somebody else's technology. They would extend it to theirs was better than theirs. And then they would crush the opposition. And it just seems to me like they're right back to doing the stuff that actually made them that kind of stuff, made them the kind of juggernaut that they were into 2000. And I think they're right back to doing it. They're just doing it quieter and much better. Call info in Slack, okay? Call from David, wants to discuss S&P 500, let's go ahead. Oh, almost to the break, are you there? Yeah, I'm right here, can you hear me? Yeah, we're gonna go to break here in about five seconds. So we'll do the last segment with you when we come back. Okay, we'll be back in a second. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability. And for the last 12 months, Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, six, and three months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. David White's newsletter, The Technology Insider is focused like a laser on finding the next big things in technology. If you had invested only $10,000 in Microsoft in 1986, you'd have been a millionaire by 2000. 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Catch Tom O'Brien, professional trader and educator, founder of TFNN, also a special guest on CNBC. Tom will bisect and dissect the markets. The Tom O'Brien Show, next on TFNN. You there? Yeah, can you hear me? Okay, yep. So what do you want to discuss today? Yeah, the S&P 500, do you see it testing the December lows at all? I got a feeling about this. Well, the energy in the indexes is not as bad as some individual stocks. So the answer is, I don't see it right now. There's no evidence. There's an evidence, probably we're gonna get some kind of pullback. But how deep that pullback is is kind of hard to say. I think 2800, 2700 is pretty viewable if we continue this light volume at highs. What I don't think is that there's any evidence to say that the December 26 low at 2346 is getting tested soon. Now that evidence may develop, but I was talking about it the other day. It's like driving in fog. You don't wanna drive too fast and count your chickens before they hatch. Kind of just act like you're driving in fog and saying, okay, I'm good for the next 100 feet, but I gotta keep an eye on it. I don't wanna get too much baked into it. The volume pretty much was very light and it hasn't been going up. So I think we could pull back, but the only thing I'm thinking is maybe 2750, 2800 would be pretty good. And then maybe we even then take another run and have enough energy to go blow out the tops, but this has been a long run without any really significant pullbacks. So I'm thinking that could we pull back and get everybody all bearish and then try to push it higher? I think we could. There's not a lot of bearishness in the individual stocks. The put call ratio on individual stocks is extremely low. So that's what I'm looking at. Anyway, thanks for the phone call. You bet. So when you can, not when you have to and we will be back tomorrow. Same bat channel, same bat time.