here to share where he is, providing opportunity, chris verrone. good to see you again. >> great to be here. >> where is the opportunity now after we've had a pretty darn good run? >> you know, i think what's tricky is we're at 2014 big level. you still have only 14% of the big number. we've got to pick our spots. >> i'm slowly looking at the russell like when are you going to do something? >> we know where the leadership has been with the mag 7, but there's got to be other things to do, places to play. there are other places that haven't done well. these things have been largely leadership for a year, haven't gotten anywhere near the attention tech has gotten here. you look at the new relative high. pacr, p-a-c-r, strength is a combination. even within text scott, look at ibm. >> a real bottoms-up investor, but you have to look really down to look bottoms up. >> i think they're largely neglected. they've been relative leaders for the better part of last year. you can put the homebuilders here. the way they've responded from being very oversold way

joining us around the table, chris verrone. have we got the ingredients lined up for some bond market stability? chris: as we were talking about when we came on, there is such confidence, you'll -- i think we have to stay a little more to stay with -- say with conviction that we are done with rates up for the cycle all stop the trend in yields is three years old. it has been pervasive and after 10 days we are ready to close the book on it? we need to see more. at a minimum, i would say what is the plot twist in front of us? the playbook of rates have peaked, therefore buy risk everywhere, it seems a little too october 2022. is the plot twist we haven't seen the top in yields or is the plot twist we have and it is not as bullish as people think? that is the big question. jonathan: we need to break into that and drill down. you said i need to see more. do you need to see more in price or the data? what do you need to see more of? chris: i want to see prices interpretation of the data. the 200 day is still upward sloping. the trend