what you would love to see is immedia immedia immediate okur jobs report. >> i think it is important to keep in mind that the s&p 500 is where investors want to be. the u.s. large cap is growing. the economy is getting better. earnings are growing. it does not mean we can't go down every once in a while. >> let's get to carter braxson. make sense of this for us. >> conviction is waning. it should come out in the s&p doing the same thing. the white line is the s&p. obviously, that's the market. look at some of these other things. all of europe, africa and the safaris. there are 1,000 stocks. it is now basically unchanged on the air. this is high yield. same thing. this is all s&p 500 retail. there is about 110 stocks in this. this is the global auto index. almost everything is starting to stall except for this one instrument. that's influenced by a few big names. in many ways, this foreshadows breaks in the markets. since the bull market began, drawdowns in the hyg have occurred at the same time as the s&p have had a drawndown. what i see are two things here. you can draw your tops th