 Let's call it meandering right the market is meandering which in ways are a lot better than up 500 down 500 You're a blink of an eye. Nevertheless, you know feels kind of weird, right? A lot of people are wanting if this is the calm before the proverbial storm joining me now Melissa Arbel from stocks Who's Scott Martin's back with us as well? All right, folks. Here's the one thing We do know you don't have to be a technician to understand this market is in a range It is rings round the great news It's held at the bottom more than once it's held on the tremendous pressure But it's still lurking Melissa above that support area making a lot of people nervous Let's just talk about two scenarios. What if support doesn't hold what if at some point we break through there? I'm okay with that as long as we hold a certain price support Which is not really where people are seeing where that bounce was so for example in the Dow It's really for me a gap down in the pre-market and open under 23,000 and that support is not there That support is actually above that but for me. It's 23,000. Oh, so you're talking about another 1,500 points Yeah, and but I'm not saying that we go there. We're talking worst case But really when you what you said was great as far as we're stuck It's almost like the market feels dead now. We've been talking about this. Are we gonna have a Christmas rally? Here's my take on here's my cloth for the end of the year right now because we're getting into it I believe that the market is going to have a rally in the very tail end of the year And what I how I think this is all gonna play out and it literally could be like Nick rally a father time Scott what do you make of it because you know, we're getting a little bit of nibble here and But you know for me I think the idea that we've held support so many times is a great sign Most of the guests who have come on and say no Charles is just shows that inevitably it's going to fall apart Also far it's been a good sign Charles, but the day is young my friend I mean look it may make a run at 26 30 again today, which is kind of that low You guys just talked about in the S&P that needs to be defended otherwise In Michelle's right whether the in whether the the institutional investors will come in or the retail investors that that's not with standing I guarantee you the machines are in there though ready to hit this thing pretty hard if the S&P tries that level But to the point of you know a rally coming. I do believe there is one, but to you leading off here I mean the cap on the rally is still probably just about 2,800 or so on the S&P which we've seen are the recent highs that the market has trouble getting through Well, what about so but we got through the recent highs You know the series of lower highs that we're in a pretty ugly down channel Does that mean at least we retest the all-time highs Scott? We will probably go near there Charles, but I tell you man feeling this this recent high rejection that we've had in the S&P I don't think we're gonna get there I think it's gonna take some time in the market psychology as you guys have probably spoken to many times in the last couple weeks It's not good. I mean, it's not that it's terrible It's just that these high levels whenever the market gets a nice rally behind it whether it's one two or three days as we Seen recently there is a lot of selling pressure that's coming in and I don't think that's gonna wane anytime soon Yeah, but it's the rates because no one has any reason to go back in along the market right now until these things get resolved with the China and the tariffs Professional investors out there many of them The overwhelming majority of them barely beat the market So when there's a chance to buy stocks that are obviously oversold for you know for things that are going to ultimately be resolved Don't you have somebody or some smart money making a move here and there? No, that's what that's why we're basing out here if the smart money was coming in we'd be back up already at the high So as I was saying earlier really quickly I believe that we have a rally into the tail end of the year and it could take us into the first part of January February maybe March where we make new highs early Names what lead is there we got it we got to have Amazon Amazon actually looks the best of the worst in that in That sector right now I would say and Amazon already like a whole lot of other stocks have lowered their expectations point Charles Apple how about Apple guys Apple the bell weather for the stock market for so long needs to start recovering here interesting today Best buy is down because of sluggish iPhone sales, but Apple has been up all day Maybe all the bad news is baked into the Adobe folks reports after the bell Liz Klamin