 again. Folks, this is Jacob Shoof. I'm filling in for Tom O'Brien again. He is all good. He'll be back next week. Let's take a look at what we got going on. We do have a caller on the line, but let me just get through the kind of what's going on in the market currently. Pretty phenomenal. Yes, many up 1.25%. I mean, we're almost 40 points here in the in the spy. I mean, this is a nice day. Russell about 0.94% and cues up nearly 2% tech roaring. Dow futures up 1.12% trading right up above that $38,000 level. We're looking at that. We were talking a little bit last week. We had this kind of consolidation going a little bit down and we were looking for a trade above 38,000. Let's see if we can settle there for the rest of the day. Gold contract trading at 2031 up modestly today. Silver lagging behind a little bit. Our boy copper copper futures that is at up about 1.2%. Man, what can we say about the crude oil futures, right? A volatile kind of trading range that we're in right now from that 70 to 75 mark. A lot of really interesting news going on with it. That's kind of adding to volatility. Let's take a look. We have Tesla trading about 212. Maybe we could see a little comeback in it. We'll have to wait really, I would say for next week to see what the move is going to be in that steel dynamics back up in that 113 level the dollar still kind of strong at 103 28, but trading a little bit to the downside to accuse up 1.98% Google 1.92 Meta. Let's see. We'll talk a little bit about why the texts are kind of soaring right now. JP Morgan really blowing up about 1.58% Bank of America of about 1.43% lose it coming back up for some reason about 7.17% still don't think the company is really set. And then we have the Bitcoin ETFs are actually doing okay today after a few days of a sell off. So to begin the show, we actually have a caller on the line. Costa, are you there? Sure am. How are you, sir? How are you doing all right, Costa? How are you doing? I'm doing good. It's cold in Massachusetts. I imagine it is. I think we're getting a freeze over the weekend in Florida by that. I mean, it's going to be something about 40 degrees or something. So probably not as cold. So what are we taking a look at today, Costa? No more in mind the NEM. I put it as a stop loss like Tommy said that 38 and a half. I got back in 1935, about 500 shares. Now I'd like to know where's it going from here? And can I buy another 500 lower? Yeah, so I think we're right. We were talking about New Montt a little bit last week, a caller called for the same kind of thing. Obviously we have downward trend going on. A lot of these miners are having some issues that one of the things I think is at least good about Newmont currently is, you know, we're still kind of on a downwards trajectory, but it is on lighter volume. Sometimes that can suggest, a lot of times I can suggest that we're going to have a, you know, kind of a movement to the opposite way. The thing for me with mining right now, and this is my take, and if you want Tom's take, he'll be back Tuesday as well. I just don't know what the catalyst is going to be for it, right? How much lower can we really go down? I'm not sure. You know, we're testing really kind of this low of the year, which is 3359. And I mean that by like a year to date kind of deal. So we're right back there again. Again, on lower volume. So it seems like there's going to be kind of a run out of sellers, essentially, right? It's just about when do you have that kind of trend reversal that we're seeing? And I think at least right now that's kind of a little hard to say when we're going to see that take off. Of course, a lot of the miners are having issues right now, kind of just a little bit of, you know, Tim Hort was on yesterday, at least talking about the GDX in its total, and it's just kind of this slump activity we've been seeing. So I was saying to the caller last week about Newmont that I don't anticipate this going down much, much lower, but I just don't know on what time frame we're going to see a reversal that, you know, we can get back up to something around the forties. That's kind of my take on it right now, Costa. OK. So yeah, absolutely. And again, Tom will be back Tuesday as well. If you want to get his, of course, you know, Tom goes over so much. So regarding these kind of minor. So thank you very much for calling in. Thank you. All right. Let's take a look what we got going on. Hmm. Had the. OK. I wanted to talk about Celsius, right? Because I actually, one of my sinful habits is I drink these energy drinks. And I'd really like to get away from that. I got off caffeine for a while and stress just gets here, I guess. Celsius, huge drop down today. It got downgraded essentially just to a neutral, you know, not a cell or anything. That's from Bank of America. Why? The idea is Celsius has actually skyrocketed over the time, right? It is a newcomer to this energy market. It has really knocked out. I've noticed on shelves in a bunch of different stores. It has really dominated the main space, right? And that's what you want to see with these kind of products. What the analysts were looking at is that Celsius has exploded in growth, but the question is is how much longer can that go? And I think that's at least from the guy over here at Bank of America. He was saying he seems that this triple-digit growth that they've been experiencing. Let's look at this. In 2021, it was up 140% in revenue. In 2022, up 108%. And in the first quarter of 2023, up 104%. I mean, that is pretty significant growth, okay? And I think what they're saying is that you're going to see kind of a slow down in this. So how do we reprice this equity here? One of the things I will say about Celsius is I don't think that they have big market share outside of the U.S. So going forward, that's decent for the company regarding potential for growth. What I'll also say is that they've released a line of drinks. I think they're called Live Fit. And I'm not a big fan of the normal Celsius, but people love them. And it definitely has a kind of like, like it's a signal, right? A social signal, right? Like I drink Celsius. This is kind of like the fit, you know, kind of pretty people drink this stuff, right? And they're expanding out to some of the more, you know, Jim Brose or fit activity. And earlier today they were positioning on the shelf and it actually was pretty good. And I think they've, they're tweaking the recipe, at least for right now, you know, this is some pretty significant volume to the downside. We'll see how much Laura Liz can go. But I do think going forward, Celsius is still kind of a decent company, right? They have everything situated, financially speaking, pretty good. Folks, stay tuned. We'll be right back.