 and welcome to the 2 p.m. Update with me David White what do we have going on today well there's several things but just to cover the S&P up a little over 2% NASDAQ up 2.3% Dow 30 up 2.3% and Russell 2000 up 1.8% crude down about 2% and gold down about 1.25% so what do we have going on well there's a confluence of things going on we had apple and when we were in the tigers den last night watching the earnings come in before they came in I started showing some of the numbers we had a lot of people over the last four or five days that were shorting apple mostly about in the range of about one out of every four shares and there was already enough but a lot of people piling on and that's kind of it at the moment we've got a great deal oh I need to do that don't I so I'll get that fixed during the break okay anyway so we got a few things going on one a lot of people were short apple and they rolled snake eyes I thought that it was going to go to at least 150 today I'm kind of surprised got up to 155 but once it got up to 50 150 everybody kept shorting it and they just wouldn't quit this is against a backdrop of a few things one uh november 1st is the date actually the 31st is the date that bonuses are figured for about 80 percent of the folks on wall street and that is the closing price is what they get for a december 1st bonus check going into christmas so there's a kind of a lot of shenanigans going on and make sure that they put the best face they can on the market going into that we also have normal fund buying which is the last two trading days and the first three trading days of the month so we've got a lot of here that's going to give the next little bit of a couple of days in next wednesday a fairly strong wind at your back we'll talk about this and more in the show in a few minutes the reality is that navigating financial markets can be risky markets can be chaotic and difficult to understand having