 And welcome to the 2 p.m. Update with me David white what do we have we're up about four tenths of a percent on the S&P cash Nasdaq's way up again a handful of really large or big cap companies the top ones have a lot of people that are short and they're on the wrong side of the trade we continue to see that in stocks like Tesla today I did not look in the last few minutes see what we have here we'll get that Tesla's up another 10% today but if you listen to my show we talk about the last thing you want to do is be short of stock that people are shorting 40 or 45% of every single day yeah if everybody has the same idea on a short you're probably gonna be taken to the woodshed if you're short yours themselves too if you gap up and you have a lot of shorts in it just figure that they're not gonna let those folks out fairly easily they're going to some of those people were going to been out there on margin and they're gonna take them to the woodshed if you've never been to the woodshed you don't want to go that's why you should have stops and take your stops of course the old saying is if you don't take a little stop one day you're gonna take the mother of all stocks so see what we have here going on it broke we'll fix it here so we have a kind of a quiet day about 7 billion shares on the CBOE as we come back up I thought that as poor as the volume was that we'd probably find that somewhere around 4,000 was the top of this counter trend move in a bear market we're now just 23 points away from hitting 4100 the question is is that when the shorts are gonna give up shorting and we're gonna reverse now come Monday China's back open Wednesday we've got the Fed Thursday fun buying probably starts coming back in so it's gonna be a big week get your rest this weekend the reality is that navigating financial market