 But now in the world, we are going to go in the world of our man, Mr. Dave Mazza. Dave is the head of product and managing director at Direction. And as you come over to our website, folks at TFNN, you're going to see the banner. You hit that banner, bring you over to the Direction site. We're going to be talking about the single stock new ETFs. Dave Mazza, how are you doing? I'm doing great. I'm happy to be back. Yes. Well, you know what, I'd love to talk about, you know, because realistically no one that's been long has had a chance to, well, I'm sure folks have gone long. But my point is at least we have a bounce going. So what I'd love to get into, Dave, is Amazon, Microsoft, Google, so you can explain to the folks, you know, you have new ETF structures here that you can get one and a half to one, which is great for, you know, day traders. There's no doubt about that because if the stock's moving, folks, okay, bottom line, you can get one and a half to one instead of one, so you're getting a little bit more leverage. So can you talk to us first? We've got Amazon moving out here, Microsoft's moving, you know, Google's not moving that much. But do you explain to us how these work, Dave? Yes. So happy to do so. And you're absolutely right. So these are tools like any leverage and inverse ETF that's intended for tactical trading. So really a day trader, someone who's interested in that, these can be in their toolkit because when you have embedded leverage, you need to be able to make that buy, sell, and hold decision very frequently and really daily. And the way they work is if we think about SPXL, right, that's a P500 three times bull fund. Right. So you take the index, right, 500 stocks, and that's amplified on a daily basis. In this particular case, a trader is still transacting in the ETF, but it's at an individual security level. So to your point, whether it's Amazon or Microsoft, we're going to have the common shares and offer one point times the bull exposure or one times the inverse exposure. So if I want to express a bullish view, I can look toward one of these single stock ETFs to do that. Or if I want to hedge my exposure, or if I don't own it and want to directly express a negative view, I could use that inverse bear fund to do so. Yes. You know, it's really cool. What happens, folks, is that if you enter the NDX100, I particularly like trading Microsoft and Amazon a lot. So it's really kind of cool because what happens, folks, is that when they move, they move. And in this particular case, if you would bullish Amazon, you'd go into the AMZU. You can come over to our websites here and hit the button. It'll bring you to the direction. You're going to see them right there. And then with Microsoft, it's the MSFU, and with Google, it's GGLL. So this is a really nice setup, particularly for folks that don't, that are not in the futures market, that want to get a little bit more leverage, and there's plenty of folks that like to buy 100 shares of the Amazon and Microsoft. I mean, well, the Amazon's less expensive now, so you can get more than that. But you know what I'm saying. So let me ask you, are you looking at more of these singles? I mean, you guys are so far ahead of the curve on the leverage in the inverses. Is this where the market's going to go with highly liquid stocks? Yeah, so really our focus to date has been taking the top five stocks, really in the NASDAQ or S&P 100 in the U.S., and bringing these to market to educate traders on how to use them appropriately and really how they work. And in many ways, as we talked about before and said today, they work exactly the same way as our other leverage university ETFs, but you do have to recognize there's a big difference. It's just a single security, not an index, whether it's an index of semiconductors, small caps, what have you, but they're structured the same way. Now, we are always looking for new ideas. So we have filed for some additional ones that we have not brought to market. On some additional, like NVIDIAs of the world and the like, along with some energy companies. Right now, we're happy with the 10. We're seeing traders probably not to surprise, really embrace the Tesla pair, that's TSLL and TSLS. But I love that you mentioned trading Amazon and Microsoft, right? Yes. Those are names that particularly today, especially Amazon and the consumer side, that's going to keep moving and be a real tell, I think, of what's going on in the economy. So it's not just about, in many ways, it's become just about Tesla and Apple, but these other names, your Amazons, your Alphabet and your Microsoft, are also really interesting for trading in this environment. And what we're looking at is what's spending going to be, not just the consumer, but with corporations and both of those names, Microsoft and Amazon, massive cloud businesses, which have been really powering their earnings going forward. So heading into this really hugely important earnings season, traders can use these products to express that view, either heading into the event or, again, let's say I want to be positive, or if I own the stock, and we've talked about this before, using the inverse, so AMZU or what have you to kind of provide that hedge for me if I'm concerned that numbers aren't going to be so great. If we're just looking at the early reporters, I think the dire scenarios of where corporate earnings could come in have improved. But at the end of the day, there's going to be the slowest earnings growth we've seen for the SMB 500 in some time. And I think traders have a real opportunity to be nimble here, especially with the fix remaining as elevated as it has been. Yeah, Dave, you really put something great together. And realistically, you know, it's so cool is that folks are used to the inverses, the doubles or triples. So these are right up the alley. That's my take on it anyway. Do you know what I'm saying? They're just really easy to understand and pretty cool. You have a great one. Safe one. We look forward to speaking in two weeks from today, Dave. Thank you. Thank you. Stay right there, folks. We'll come right back.