if you look at the s&p this week, it unmuched. today so the vix is at 18.5. vix measures volatility of the s&p, not the individual stocks. we see this huge volatility. some of the big names in the s&p not going any place. s&p not going any place. this is one of those situations where you can't look at the vix and say vol is cheap or expensive. because it depends on what you'll do in a particular name. >> that's good news though. that does mean it is a stock pickers market. >> and that was a problem last year. last year no matter what you couldn't -- it was hard to make money because everything moved in the same direction. >> it was the market that was going to carry you up or down. >> you say that but in july, some of the stocks here, these were all all time highs when the market was melting down. in some ways everything else moved together. other than the high valuation kind of consumer discretionary gains. >> we're talking about these names because they've had big gains. and a lot are reporting next week. take a look at what the next week looks like in term