 Let's get over to our man. Mr. Dave Mazder as we do each and every every other Monday at the first segment Dave is the head of product and a managing director at the direction.com Direction chairs and this couldn't be a better time to look and Having a two-way market folks. It's hard to even comprehend that actually the small caps are up the IWM rejected 191 is trading 198 Dave Mazder welcome back Hey happy to be back. Yeah, what a day to be back. It's a beautiful thing, man So, you know, you when you when you look at direction the bottom line you guys have been in the cutting edge for a long period of time It's been a long time since we've had markets that go down It's pretty interesting here. You know, no doubt that we've had the volatility So let's talk about you know, I think we should talk about some of the bear funds I mean, I'm looking for a bounce now, but the reality is that you know when you get a good downdraft like this It can it can be it doesn't get over in a day. Let's put it that way and you know I think tops and bottoms or processes right now points in time, which I which I know you and your your Viewers know know well what what I want to know is to your point of the bear funds is a fun We don't talk about very much. It's the ticker is spdn. This is an inverse One times so it's not a double which is great. Yes It's not the largest ever inflows and it's highest ever trading volume in its history on Friday today again, it has had off the charts volume compared to its history So obviously that means people are coming in looking for hedges. Yes, what I find Notable there is that they it's not necessarily people looking at spx s Which is the triple bear fund certainly had a lot of volume That's a much larger fun, but people looking for that hedge just on the the one time side That's that was notable, but on the flip side and now I'm going to switch gears and talk about a bull fund for a second Sox L, which we talked about all the time last week last week So it's highest ever weekly inflows that to me was a bit shocking. So I think we're The bulls are not going to go down with a real fight here Especially when thinking about this rotation, you know away from the tech into the value space But certainly today, you know red on the screen nearly everywhere except small caps to your point or try to make a better rally here This is pretty cool Dave. I love having you on but that information there in general I mean, you know being a contrarian. Do you know what I mean? It's it's big. It's great information, man I mean, that's that's the bottom line and you know, well, you know, you know, it's really interesting too is that a lot of the Tig is out here. I'm I'm telling you man. You got you got a lot of markets. I'm getting I'm getting text in here that how much We had trade has evidently come into the lab you the the biotech Bull I ain't get which which has been down on a big basis But evidently they're very happy right now because they just caught caught it as they get out of 15 bucks I mean, it's down from 66, but the bottom line is that You know, this is this is when if they understand what your funds are all about. It's really cool, man that you know We know that when you have very large moves like this folks, okay And you know, you have to had been in a couple cycles too. That's there That's the reality. You know what I mean these guys that so don't if you're new to this market don't Go into the lab you I'm not saying that just as we had a training when folks and they're They're pretty sophisticated. That's the bottom line, but isn't that cool Dave? I saw yeah, I'm coming across and so I was like, okay, and they actually know fundamentally a lot of those stocks too Do you know what I mean? So I was like, okay, you know that they want to have you can only go so low That's the reality. Yeah, and biotech's been a space. It's just it was just really hammered last year Other than maybe, you know, a few a few of the modernist of the world and bio and tech would have you but I'm really a space It's been our favor. We certainly saw a lab D which is the bear fund You know be used and people are looking to maybe play that bounce back the other couple other funds I'll note that had seen some uptick in volume or the pair web L and web S Okay, this is the internet composite. It's it's it kind of it's Dow Jones internet composite index Excuse me. It's a bit of an old school index, right? The it was created in the late 90s for quote-unquote the internet But a lot of the names in here are many of your fang names plus your sales forces some of the cloud names Just a space. It's got a beaten up really hard some of the first to perform Poorly in this but both the bull and the bear there have seen an uptick in activity And we're seeing inflows actually onto the bear side of that fun today So to your point the beginning of this chat. It's really a two-way market here And I think Traders in particular should be able to keep that head on a swivel here because there's got to be opportunities to me You know, this isn't an opera. This isn't an idea where let's just go to cash and see what happens We have the products and again for people with the know-hall and the ability to monitor their portfolios on a daily basis To take advantage of these opportunities, you know in areas that either have been out of favor or Simply to take the inverse side of what had been working and you know as Dave speaking folks, okay You know particularly the internet front was just talking about, you know, you always got to remember that you Waiting for a pullback. I know it's very hard to step in front of anything But just just do your homework go through go come over to our website at TF and then hit the direction banner We haven't had a real pullback since 2006 Dave his team has a lot more ETFs now that number one you could stay in a position You could hedge it just as the first S&P and no tax implications There's a lot of things you could do so please come over here do some studying. It's well worth it Dave This is awesome, man. Hey one more question. You know on the front page You still put on the front page the the biggest ins and biggest outs, right? We do. Yeah Which is huge not totally thanks so much man. Have a great one. Have a safe one. Not sure. Thank you They're right there folks come right back