 What's up everyone and happy new year in this podcast James and I talk about the overall economy the Fed and Share some stories about our trading as well. We also talk about large caps This was a really great podcast so listen up stick around and enjoy and also let us know in the comments What topics you would like to see covered or how you felt about this one? another thing is that in the comments below there is a discount off an MIC membership if you're interested in something like that So thanks a lot guys a happy new year, and I hope you enjoy this one Go on guys. We're back with another episode of the after-hours podcast It seems like every week there's some craziness going on in the macro world And in small cap world nowadays, so we're gonna talk a little bit about everything So the first thing I wanted to touch on I think an important announcement came up from the Federal Reserve Last week and that was that they have basically come forward and said they do not plan on Lowering rates in 2023 if anything there they will still increase rates The you know the Jerry's out on whether it's a quarter point raises or half a point or whatever But I think it's obvious that right now Drone ball feels like we're losing to inflation I think he gets a very aggravated and his tone and you can tell when people get excited When the stock market has good days. He doesn't want I in my opinion He doesn't want the stock market to have good days. He wants wealth to be crushed and he wants people He said in the beginning this is gonna hurt and people need to feel this and they will yeah I kind of think that's where we're headed. But what do you think right now? Oh? Well, I mean it's exactly what like a couple weeks ago on the podcast. I was like You know they came out and said oh we might pause we might do this we might do that now we're sitting here beginning of 2023 and Yeah, they're just completely saying the opposite of what they said in like November December how they might pause how they might go a little bit easier how they might You know even Look at you know, basically decreasing rates like they've even like talked about that before and Now we're in a situation where they're like, yeah, we're not gonna do any of that Um Sorry, I'm just popping still sick. I got COVID so bear with me, but Yeah, I mean, it's exactly what they they said, you know that they weren't gonna do of course you can't trust them so to me it's like it's like Whatever they say you have to think with like a grain of salt really and I think a lot of people were really really optimistic Thinking like oh, you know, they might even decrease rates. They might pull back, you know, there's no way that that's gonna happen so It's exactly what I would have thought happened and what's kind of crazy though Is that like the market had like you said it's like a 700 point day today It's like almost like the market took that news and spit it out and didn't really digest it I kind of feel like people almost I don't believe it And I think it's gonna I think it's gonna have a trickle down effect on a lot of people So anyone who bought a house in 2022 It had an abnormally high interest rate for the time, you know, six to seven percent Like I know a lot of people who bought houses in that range for interest I think they had the theory that they would be able to refinance in 23 And that would allow them to maintain their payments and maybe bring down the high payments that they thought they could survive on for a while And now they're kind of finding out they're not so I think it's going to trickle down into not only the housing market Also business because you can't refinance debt companies that who have large debt They're going to continue with large interest payments just like our country, for example And we have large interest payments and with high We have large debt payments with high interest. It's it's not going to be pretty for a lot of people You know, I think it's something to remember that is interesting is that We're probably going to enter if not already entered a time into a severe recession or depression companies large caps are Every day announcing layoffs 10 cuts Um coming daily and these are big companies, you know, these are amazon facebook or meta, you know apple all these companies And I think that We have to remember that stocks don't necessarily have to go down in a recession Um, you know, we might find a bottom and we might have already bought them in a lot of names I mean, I don't know what you think but man, some of these stocks have been just absolutely murdered And how can you not look at an amazon that slammed down to 82 today? I mean, I had to take some in my long account in my long term account because I'm in my head. I'm like It's it's amazon. You know, I mean, we're at the point. They've been crushed Yep. No, I think it's uh, I think in some names There has been a bottom, you know, obviously, uh stock like meta is very unpredictable because like, you know, if you look at netflix like And I was reading this the other day like Their earnings were not that bad, you know, like compared to like If this had have happened in like a market like two years ago, you know, it probably would have rallied You know what it kept going up like it wasn't like they got hit that hard But you know, it's just the market environment that we're in Um a company like meta where they're trying to like transition to like the metaverse and do all this shit Um, that's a little bit more unpredictable. It's a little bit more like uncharted territory Um, obviously they own instagram so like they'll be fine, but You know, it's still very very uncharted territory like going into all that like metaverse shit You know, and also you look at twitter, uh, ilo must go his first margin call On his loan, which is like, you know crazy But twitter is also a stock that has gotten murdered as well And I saw you were talking about it today in chat and you were like, I love ilon I love you all must as far as tesla's stock. It's like I don't know how far, you know, this can go up So there are a lot of things going on right now. It's definitely like a weird market where It is, you know, you see google getting hammered amazon getting hammered all these tickers getting hammered and it's like these are really really good companies, but um And obviously some of the names have bottom, but I think for the most part it's still like super uncharted territory You know, it's like as this really bottom, you know, everything looks good in hindsight But when you see companies start to lay people off and start to say that they're preparing for a recession And you have people like us who are like, you know, even this summer we were talking about it We're like, we're probably in a recession right now or like at least close to one You know, if they're predicting for like the almighty recession that like Even when we were talking about like Like this summer like when we were talking about a recession if they're predicting something bigger than that Worse than that if they're predicting like a catastrophic tsunami Then I mean that that would be just insane, you know I think a couple things I want to touch on that you said so first like with meta and facebook I think at this point, this is just my opinion. I think meta has taken its medicine I think they've been beaten down so hard Mark Zuckerberg came out and said that he, you know, he made a mistake. He invested Capital in the wrong way. I mean it caused him to have their first layoff and you know, almost, you know 15 years of being open or whatever for being established And I think that the metaverse just didn't necessarily I think he will be But I thought a lot about this and I think it will be successful. I just think he's a little bit early I think that he knows it too that may be trans, you know Transforming facebook into this metaverse company was a little too soon And it's gonna hurt the shareholders and stock price, but at the end of the day He is also mark Zuckerberg and he's non-idiot and I think that he has vision and he's very smart So I think long term. I think meta might have taken it. Like I said taking its medicine. It might be It's a it's a in my opinion. It's always a long term buy, but that's just how I feel The fucking suicide bill that's what it was they had the cyanide pill He took it they murdered the stock and now, you know, it's time to fix it And you know what they did they leaned out they cut costs and now they have a new business or the new business model And well, I guess we'll see how smart he really is, you know, so And then as far as Elon goes, it's the same thing. I was talking in chat, right? It's like There comes a point where I love the guy. So I love Elon and I really support his vision and again He's a product guy and I think that as long as he focuses on the product I think tesla at twitter and space x and solar city will continue to thrive The issue is I feel like it's easy for him to get distracted I feel like twitter he needs to find a CEO that's going to take over and actually take that responsibility from him because I think Is a business there and I think he's smart enough to create a product that will actually make it successful Make it generate revenue and actually make it something that Globally people will love to use So again, though the problem is we're seeing tesla touch a hundred today I mean once that once that goes the floodgates open, you know, we'll see 90 80 possibly Um, I already know in my head and maybe I'm shooting myself in the foot I in my I've said if tesla goes down to 80 dollars a share. I'm going to buy Um, I'm going to start putting some out there just because again I I choose to believe in the long-term vision of you on musk and I and I like it. So And also I'm just a user of all the products. I I drive a tesla. I use twitter Um, I love space x and what they do. So I mean, I'm not using any rocket chips these days, but um Other than that, I think recessionaries talks like what you were mentioning. I'm noticing it now, uh, especially in the, uh Labor fields like like cutting hair barboring and stuff. I notice I live in nice town. Both our locations are in wealthy towns Um, and you know people are tipping less Um, you know, they're still coming in we offer a cash discount and I've noticed like a lot more people doing that It's only like three bucks, but you know what it's three bucks I've started to notice more and more people complaining about the cost of goods food gas everything Um, and I feel like it's hitting a tipping point where most of my friends and most people I know who just Working just average jobs are they're not even breaking even anymore. They might be actually operating out of the negative Uh, a negative or even a lot, you know, some sort of loss at the end of the month after bills Yeah, yeah, that's a funny problem. How you worded that I feel bad for your friends, but you're like Hey, maybe off operating at a loss like that It's like, I know it's like wording it really robotically But it's like, you know, if you make 500 bucks a week, right? Which is like the average the average person if you make a thought 56,000 a year You're making a thousand dollars a week after taxes call it 600 You know 18 six to like 2400 a month I mean after your rent your car payment your bills your food like you're probably negative Yeah, you're dipping into your credit card. I don't know if you know people But most people I know do this They don't make enough money in their paycheck So what they do is they put it on their credit card then they get paid so they pay down their credit card But then they just go back to having to use the credit card But slowly that balance creeps up because not only are they just putting their their needs on there They're putting some of their wants so they go up buy that nice item and then that adds to the balance So now when they get that 500 to put up pay off the card now, it's only down to 200 bucks You know, so I don't know if you know people like that or what's your experience right now? Oh Yeah, my experience is I have a couple different I have a couple different types of friends. So it's it's interesting like I have you guys who are like the fucking Normal like the normal like finance bros, you know, um, I have other friends that are I know some that are still like living at home Um, some are definitely doing the good old credit card trick. I know a lot of guys like that And honestly one of my friends has gone bankrupt as well Straight up my age, you know, like 23 22 just because he's like there's no way out of this Like got a nice card too quick. What do you do? I bought a vmw And just basically like kind of had a bit of a drinking problem and uh maxed out like four four thousand dollar credit cards or something like that And so he's like fuck there's no way out of this. So then he just went bankrupt or whatever And yeah, a lot of my friends here have just moved out of where I'm living because it's just too expensive and Yeah, they're just like I have friends who are in Ottawa, Toronto like all over the place just not where I am just because like here it's just You know, it's the east coast and there's a lot of people who It's kind of like a spot where like a lot of guys get grandfathered into things like um, you know like It's like your dad's an electrician. So you're gonna be one type of deal. Yeah, and if you don't have that Uh, it can be a little bit difficult and the majority of people that I graduated with like if I just look as a whole Um are living with their parents, you know, like there's not a lot of people here who are moved out like me You know when people see me with like a car or moved out Like already like people are like, oh my god, like how do you afford that? That's crazy because like here everyone's just living with their parents drinking still just chilling. So I think we're at like See we're at like different ages because like I'm like turning what I'm turning like 24 this year Yeah, and uh, so I'm still at that age where like people are still like living with their parents kind of getting away with it But I think people are still doing that. Oh, yeah. Well, I mean that's just to me That's like a little bit wild and crazy But I mean it's just the world that we live in right like There are a lot of people who are, you know stuck tough times and I feel bad for them. Don't get me wrong but um It's just like when I look out and I look around, you know, there are You know, there's like a small percentage that are out on their own chilling a large percentage is like still with their parents still You know doing that which is fine, but um, yeah No, it's it's it's wild like when I kind of like look out, you know at like some of like my my friends and Ask them how they're doing because like You know like I I know one guy who I was with like a couple months ago And he's like, oh check out my new place. Check out my new place. So I was like, oh, wow We got a place like that's dope. That's awesome And then we started driving And started driving a little bit more and driving a little bit more and I was like fuck like where are we going? And we took this like dirt road and then like It was like this trailer And I was like, holy fuck boys But you know, what can you fucking do? The reality is like the wages aren't aren't speeding speeding up to the point of uh cost of inflation and then cost of of goods, right? Because Again, it's just it's it's really hard and I don't see that changing in the short term, right? So like what actually scares me the most is like in the short term. Yeah, a lot of people are going to Paycheck to paycheck Anyone who's overspent like even people I know people who make a million dollars a year who live paycheck to paycheck Which is mind-blowing. So it's not only just the A person who make less money's issue. It's all people who are over spenders My biggest concern though is just the the lower and the middle class are going to fall really far behind Because they don't have the money to invest like right now Like we're talking about meta Tesla my uh, microsoft amazon are all beaten down stocks and right now i'm scooping up what I can right because long term It's great. It's great and it's going to build wealth. The problem is these people don't have that capability So they're just going to continuously fall behind. So the next decade Really, I mean, I don't see how these people change and get out of this like rut unless they hit the lottery You know and even that's just That's the reality and I think I think the problem is the economy is not going to change Um, you know, I I think spending is going way down because people literally can't afford it. So No, I'm like, I don't mean to laugh. It's just a funny story where my buddy's like, I got this new place It's fucking awesome come see it and then we go and show up and it's a trailer and I'm like, oh shit Like this is like really the state of the times where we're at, you know and um, you know It it does kind of suck because like if he was like You know, like he paid I think like 60 or 70 k for it. Like it wasn't cheap Yeah, like even like I mean like yeah, like I was kind of like just like joking because like I mean to me it was just like Fuck like you don't expect to like, you know go there But like it's like shit like that kind of opened my eyes Like this is kind of the state that we're living in like there are a lot of people in our age group that it's like What are they gonna do like? Often I'm just like driving and thinking like shit. Like what if I didn't have trading like what the fuck would I be doing? I'd be fucked I think I think rather often because if I wasn't trading, I mean I would have the barbershops and like I make a good living off of it But but in my head like I would be stressing because it'd be really hard to get ahead Um, yeah, just offer that alone You know, you almost need multiple incomes or one really really good income to be able to get ahead and to push yourself forward And I almost feel like I almost often wonder if this is what the depression was felt like Where like just people weren't able to to really like start their lives or move forward Or get caught up or get ahead or any of that and like Like I said, it's like my friends. I hear them all the time like people are not just my friend But people I know like saying like, oh, I wish I could move out of my parents. Oh, I wish I could buy a house Or I need a car, but I can't afford it. I mean we we did um, I did a bunch of interviews in different barbers over the past week And half of them don't have cars right now because they're broken and they can't afford to The cars are broken and they can't afford to fix it, right? So like there's more to the economy and more to the stock market than just like People like us and like the people who are very blessed and lucky to have this and that's why long term I just I can't imagine us coming being out of a recession anytime soon Again, I don't know what that means for stocks. I I still think I mean, I I've been following a lot of these like chart chart guys and and we're actually starting to see a lot of people turn bullish on stocks um So it's funny. I mean, we're we we have a very good bull and bear battle right now between people who think we can continue up Or if we're gonna see new lows It's very very hard for me. Like I'm not I'm not investing any money right now Like I'm just I'm just waiting because it's like it's too uncertain. You know, I'd rather just Be able to be one of those kind of like add to the dip guys, you know like You know like I had some money invested like before covid and like I have done like a couple different things like that but for me right now, it's like fuck like I just picture myself like losing with that like hide the bane herald because it's like shit You know, eventually I do want to buy a house like in the next like two years. So um You know, I mean, it's just like for me. It's like shit. Do I want to put that money at risk? Like yeah No, not not really and then I have to pay tax on it again And then I have to it's like I have to be I'm paying tax on the money that I've been taxed on before So it's like fuck I mean like some people value Um value where they live some people value their their future and they're like their stock Portfolio, uh, some people value stuff, right? And I always tell people like you can't Invest my like I know you can afford to lose and I'm not saying like but you but I tell people all the time You can't buy amazon at 80 bucks if you're afraid it's going to go to 75 You know, so and that's it and it's like, you know, most people you're saving for a house and you're saving for your future You don't want to invest that money. Like I had a He bought he bought apple at 130 um And then he sold it at like 125 because he was stressed out and he's like, oh, I need the cash And I'm like, well, you know, why the hell are you investing money? You don't have, you know It's like you just it's like I said everyone has a priority and yeah And with me like I can buy a house right now But like I want to buy like, you know a decent like fucking place where I don't have to Put down like 10 or 5 percent and have like Worry about these big ass fucking payments like for me I just want to have a nice enough place and for here that's going to be probably close to like a million bucks, you know like because I mean anything else like this is like fucking shit. So That's why I'm like shit though. I want to take this money and invest it in fucking meta and amazon and this shit Or should I just fucking put this here and ride it the fuck out? You know, well, you're trying to buy another kind of asset, which is I think fantastic, you know But and we're kind of transition actually now that we're getting into ourselves But how is small caps been for you to start in 2022 and start 2023 pretty good Like around I'd say like the end of like November I started kind of like transitioning to like the multi-day runner type of deal And I've been having like huge success with that Yeah, like the day once I mean like don't get me wrong I used to be a day one person for a long time You still love day ones, but to me the multi-day runners like I don't know what it is, but They just like kind of like speak to me where I'm just like fuck like I understand this. I get this set up I see it and then I just you know trade them and do pretty well and so It's been difficult for me to say, okay Do I want to go back to day ones like the day ones are just very choppy They're hard, you know, if you don't have a pre-market short like you guys like you and bear and like the fucking boys You know, I mean like imagine if you were only Able to trade at the open, you know, and you didn't have a pre-market short, you know, it'd be very difficult Because it's like shit You know if you trade At least short middle of the range you're gonna get fucked if you trade long middle of the range It's 50-50 coin flip right there, right? Yeah, your short edge is really outer lines Your long edge is really outer lines to kind of the bottom bottom of the range About the time it gets there. I'm like shit, you know, and I get the market conditions. I understand it But it's been choppy for so long And when I have these multi-day runners that I can really attack and like make a lot of money on I'm like shit Like why do I even bother with the day ones anymore? Like just leave it to the shorts and then I'll just you know, take these multi-day runners and fucking nail them You know, like and there's been a lot like, you know, some socks that bought it like, you know four bucks three bucks sold them at five You know, so it's like if I can just keep doing this and this game like keep working Um, I'll probably just not trade the day ones anymore because The multi-day has just been so much better Yeah, I mean, I feel like you have a real edge there and you kind of we were talking about that actually funny enough like Six months ago that you were starting to dabble in that And it's nice that you found like a real nice edge and you always have the day ones to fall back on But I almost feel like with day one longs like sometimes it's like an adrenaline junkie thing because it's like You need that like boom boom like action and like a lot of people are looking for and I think it I think it's hard because the market still has a lot of enough participants that I think make it harder for long traders You're dealing with amateur selling and like stuff like that. So I think it's pretty good that you found this like new new niche that like really works, you know Yeah, exactly and and I just was gonna add one more thing is that When I started trading these and the market opened I was like, what the fuck Like I didn't have any day ones on my screen I just took the day ones off because I knew that I'd be distracted by it And so I open it up and I'm looking around here and I'm like, what the fuck You know What's going on, you know, like it's like kind of like slamming the table Like let's go. Let's go, you know, gotta be something but you realize Like as a long trader like how kind of stuff is supposed to be, you know, like Don't get me wrong made a lot of money day ones, but it's not the most like Especially long too. I feel like you're like two times as stressed because you're always worried if you're gonna get dumped on, you know You're always gonna have that and like shorting. Yes, you're worried about getting squeezed like 100% like that's that's an issue I'll agree with that but You know as far as long in goes like it's kind of like a bit more exaggerated of a fear because I've dumped both And for me, it was just like You know, I wasn't that worried about getting dumped on on these um It wasn't that like adrenaline at all like it's very very like peaceful type of setup and you know every day this week of there's been one that has ran so And that's what I said like hkd. I had on my watch list at fucking 10 bucks Before this whole run the day before the shit ran. I had it on my watch list and then Obviously went crazy went to like 60 pre market today went nuts But when it was like it's becoming like a theme and like my watches where like The stocks that I'm watching are turning into these runners are turning into these stocks that are like the masses are trading That's when I was like, okay. I know that I do have an edge here for sure because um like Like the majority of stocks on my watch list will go up But it all comes down to as well like what's going to get the volume What's going to happen that you know chart pattern and stuff like that So for me, it's like you gotta you're gonna have like six on your watch list One is one of them is going to work. It's going to fucking blow it out of the park So you just have to be patient enough and wait for that And that's what I mean like when the market opened and I was looking around here and I was like, what the fuck like Do I do this do I do that and then I just kind of sat back I waited Waited for like my lines to hit You know ticker just keeps going up, you know And that was like great for me and I was talking to a couple other long traders that I know and I see And I was like fuck it feels like I'm retired, you know, like the shit just works. I'm not stressed It's consistent, you know, I'm not worried about Fucking this day one runner, you know stuffing. I there's like no adrenaline in the morning at all You know, it's very very calm. It's very less stressful And I think for me it's just my girlfriend's like, wow, you're not really that angry often like You haven't been drinking that much. You've just been like just so chill and I was like fuck It's just the multi-day runners like I'm making more money, but I'm just less stressed I'm just chilling and that has been the key for me That was the biggest lesson that I think of last year and like this year like this last six months biggest lesson for me has been just if you can find a strategy where you're not stressed and you're not like That adrenaline of like shorting high day or like longing or stock hoping that you're right And you can just chill and sit back. That's the best thing that you can do Great bro. I agree. I mean 2022 for me was fucking brutal I mean, it was a it's fine trading wise, but it was just a mental battle. It was such a grind every single day um, I mean There were we went through three to four months where like the strategy that had worked for years was not working at all Like it was just a headache or it would work But by the time it worked you got cut up so many times that it wasn't even worth it And it was tough man and like, you know, the group of guys I trade with we tried different strategies that were a little crazy We tried over perfecting a system sometimes to make it almost too perfect to the point where it wouldn't work And then we did everything bro. We dealt with some really lows and I it was the first time I left to be honest That I was like, dude, I'm so sick of trading. I got so mad at it like so many times But like it's such a obviously a passion. So I always came back and And then it's like it clicked like I don't know the and the last three months of 2022 things were really working really well There wasn't still yet a great amount of range But like the the setups were working and then I came into this week right to 2023 and just like Every single day executed the shit out of everything I wanted to And it paid really it paid really well and it worked and it's like it felt like a year of stress and trial really came to like I don't know it came to like be worth it all for even just this one week where I just like Financially it was like wow, you know, so so I'm happy to see where 2023 is going And I feel like given the this new volatility and in the range that we have I think it's you know, I'm I'm conservative, but I like to think that we're in for a good year You know, I think I think we're getting there But I know we're coming up kind of on that like 30 40 minute moment But I kind of want before we go actually I want to ask what do you have any new year's resolutions this year Not really to be honest. I mean My new year's resolutions has always been like just try and be the best that you can be, you know, like For me if I'm like if I set goals like Especially if it's like, oh like that, you know, I want to lose weight or I want to do this or I want to do that Like for me it just like they never happened. So I think like I you know, you always need that kind of like internal push I feel like, you know Instead of just sitting down and saying, oh, well, I'm going to do dry January, you know Like I mean, that's all well and good But it's like to me that just puts too much pressure on myself where it's like Like the last time I drank was like before I had COVID, you know, which is crazy to me because like I mean like I used to drink all the time But like now I'm just like chilling and I'm like shit It's been like, uh, you know since like two weeks now or like close to it. So it's like It's always those type of deals where it's like If you're not if I'm if I don't force myself to do something then I'll like I'll do it and if I have to force myself then like I'm gonna have a lot more resentment. So You know, I always try and like I don't know. It sounds weird. I like I don't set the goal in stone But I'm like, okay. I'm gonna like work towards this and like if I fail I can always restart Yes, so that way I'm not like Yeah, I feel like like, you know, if you're like, I'm quitting drinking. I'm quitting drinking today All you're gonna think about it's fucking drinking, you know You're gonna like whether you're an alcoholic or not. You're gonna be like, oh, I could be drinking right now Or like whatever, you know, like junk food or whatever But if I set like kind of like half a goal and I work towards it I always have a lot more like better success like doing that. So like You know, that's what I guess what I've been trying to do just like for me It's always been like just like drink as less as I can and just try to be as healthy as I can and like That's all I can really do I like that man. Yeah, I mean I Agree actually I really like that because I feel like if you make it too much of a goal It becomes too much of a focus and for some people that actually leads them down the wrong path You know for me this year like my goal I want to be like the healthiest person that I can't like I'm that's a big focus of mine is overall health My diet everything's always been pretty good But I definitely want to make sure I'm exercising the four to five days I'm trying to invest in some some sort of technology things to kind of help me track my health overall I saw you were looking at the cock rings or that Yeah Like I you know, so like stuff to just make myself better overall and like how I can like incrementally like work on that Um, I am trying to drink way less in this year. Um, I want to have like I was wording it to a friend today that I want to have like a healthier relationship with alcohol meaning like I want to like drink to enjoy Like I like buying like fun bottles of wine like something intricate and cool to try and that's like what I'll do But I'm not just gonna To drink, you know, and then Monday through Friday, absolutely not or Monday through Thursday. I'll say I won't I won't drink at all Um, because I want to also on trading I want to come to the trading desk every day fully ready and and be able to execute at the highest level. So That's my goal man. And I feel like I feel like we're both on the path of you know Yeah, I feel like we both have the same goals like we both talked about it an awful lot Just like over text where it's just like I don't want to be coming to the fucking setup hung over I don't want to be coming, you know with like lack of sleep or you know, whatever I just want to be just focused and ready to attack and just put myself in the best position to do that And like I feel like We've we've been talking like an awful lot about that, you know Recently like over the past couple months and I feel like you know for both of us It's really just you know just working hard for the you know, just to do that every day and just Put us in the best position to kind of like execute and stuff like that, you know Yeah, absolutely man. I think um, I think that's great. I'm excited to see where we take 2023 Yeah, bro. Me too. Yeah. Oh, yeah, but I mean, yeah, I think we can kind of wrap it up that up. All right Nice James and Yep, we'll see everyone for the next one