 Hey everyone welcome to today's update today's January 7th looking at the markets S&P today down About 10 and a half points the market is closed now at the time of this recording So a little bit of down movement, but still pretty sideways action if we look at the kind of the weekly expected move of SPX you can see we're still Pretty close to where we started the week. So a whole lot of nothing was interesting I was looking back over time over the weekly expected moves and look how many times we have traded Inside that expected move if we go back. I mean this this week here back in the early December I mean we we broke below the expected move, but we closed right inside right where we started the week Inside, you know this one bounced outside a little bit back, but closed inside the expected move Going all the way back here another one broke out of the expect move just slightly but closed inside Broke out but closed inside and we've got to go all the way back Broke out closed inside. We've got a broke out closed inside. We've got to go all the way back to December the end of December of last year for a move to close outside of the expected move I mean that that just that's that's craziness. So just continuing that kind of Muted action in the market. So, you know, obviously, you know, we don't know what's gonna happen But something's got to give you know at some point we're gonna see some some really good volatility Hopefully sooner rather than later, but what else is going on? oil was down about a percent today, so Showing some relief off of that spike. So it's coming back down. So apparently the worries are subsiding about the geopolitical Iran Iraq Middle Eastern threats, but I wouldn't be so sure about that yet. They are promising retaliation Hopefully it's it's nothing big, but we'll see what happens The other thing so if we look at some of the stocks that we that we look at Huge mover in Beyond Meat. So if we take a look at like at a one-year chart of Beyond Meat This thing just IPO'd in May early May of last year and after it IPO'd had this huge run-up Remember Beyond Meets this fake meat So you see all these different fake meats coming out for plant-based diets so skyrocketed up and then it's just continued lower and Really since you know the end of October last year. It has just been flat Let me talk about a nothing burger and just flat movement nothing and then today it spiked up over 12% and So why did it spike up 12% well all the news that I read is it's competitor impossible burger which is a privately held company announced that they are going to Start producing some fake pork So most of this has been on the beef front So you're seeing the impossible burger at Burger King and and Beyond Meat has different options Out there on the in the beef market, but impossible announced pork so apparently that means Beyond Meat is coming out with a fake pork product too and For just that news the stocks up 12 and a half percent. So interesting movement in Beyond Meat We put on a new trade in Google today did a reverse iron duck in Google So we've got no risk to the downside and then we've got a big buffer all the way up to about this level here To the upside where we can make money So that was in Google and then the only other thing that I wanted to mention here another big mover was Tesla Tesla continues its march higher up almost 4% today actually uber and Lyft were up big too Apparently Twitter that must been a late-day move. I didn't see that earlier But Tesla continues its march higher I talked about this several weeks ago that I thought Tesla was gonna continue up to the 600 plus level You know over the next six to twelve months and it certainly has done that had a little bit of a pullback here And then it's continuing. It's it's March higher. So keep an eye on Tesla I would love to you know get in a little bit more into this on some pullback Haven't done much as far as an alert goes but to potentially look for that in the future Everybody have a great evening. We'll talk to you tomorrow