. >> jonathan krinski joins us laerts in the program, relating squarely to what we are talking about. addressing whether to buy the tip or not i leave you hang being on that until we get to him. but his note just dropped and we like to focus on him because he is a closely followed technician on the street. joe, what if i said, this is as good as it gets for the economy, as good as it gets for spending, the virus news for a while is as good as it gets because now we have to contend with delta and as good as it gets from a liquidity standpoint because the fed tapers sooner rather than later. so it's as good as it gets if that was the base case at this point, how does your investment thesis, your idea, how does that change if at all >> so you go back to the 2010 playbook because that's exactly what happened qe 1 ended march 31st of 2010. the economy peaked in the second quarter of 2010. what did you do with that information? the same you should be doing now. moving away from high-beta, low quality type of exposure towards higher quality exposure. yesterday the spy took in $6 billion, the

yesterday we had jonathan krinsky on he tracks the technicals i want your reaction on the other side >> we're seeing a weak ends of the market remaining weak and getting weakinger. we're talking kweb, china tech, the arc funds, the spacs there is a market that typically have seen rotations throughout the year that the last few weeks and last couple of months they're not responding to the upside like they have in the past >> is that an issue, small caps he points out have been weak the semis? we'll go through some of the data what do you think. >> nvidia now the most important semi, by the way taiwan semi, largest asian company. there's this guy, he works for alumina and pfizer not really an analyst. >> dr. gottlieb. >> he's talking about a peak in delta and he's not talking about dal. i want to know you want to be short a big short ahead of a peak? how right as opposed to the cdc and fda has dr. scott gottlieb been you are going to wish you were on the wing of a tell that in the twilight zone by a spidey fingernail i want to buy the dip because i bet on gottlieb who, by the way, is o

jonathan krinsky with us now with baycrest partners.ou go back and say that small caps, i miss that. you look at large caps and you fall in the center. what is the value of what no one is talking about right now, which is the stocks in the mid-caps space versus the juggernauts of the world or all of the fever over small caps? jonathan k: there's this ongoing battle between small caps and mega cap tech, and you can see it even on an intraday basis, where off the opening bell, small caps will rally, mega cap will selloff, and it will flip on a dime and completely errors -- completely reversed. that can be seen on the intraday charts as well. but i think the mid-caps are an interesting group here because they don't get attention as far as the index itself, but it has been doing a bit better than the small caps, and it is a bit further long and its upside breakouts. so we think take your eyes off the small and large and look at the middle, and there are some good opportunities. lisa: what does the technical strategy of milk top, melt up aga

krinsky is basically figuring it is time for a reversal., these utility stocks look "ready for a breakout." on the other hand, the real estate stocks are "think tired -- are "looking tired." over the last few months, they were even falling when interest rates were falling, which doesn't necessarily make a lot of sense because they are the kind of shares people tend to buy when they can't get all that much out of bonds. tom: for those of you on radio, utilities are not what we looked at years and years and even decades ago. david wilson, thank you so much. right now, we thought we would parachute in mike mcglone on bitcoin, including his latest junket to florida to see the marlins, i think it was. this is on bitcoin. i am sort of surprised at $38,000 bitcoin, given the regulation ferment that is out there. are you surprised at bitcoin's resiliency as maybe we get the gensler coin? [laughter] mike: bitcoin is a discounted bull market. it has put in a good base around that $30,000 level. it has good resistance around $40,000. at the new regula

in a couple minutes and we'll go through what singlish krinski middle school age mission will some was this in the natural years? what stage be particular, what bro? c. good about choice for the last minute. very me present success. i'm going to go a little as a little bit of the style is monica with me because we were standing with jason computing go to the other was that she was so kids still don't know if she knew she they use so much come. thank you. you thought i used to be a not old robert? yes, i teach but here, but i show you. so i you. so she was, well, why made them she was she was just cute michelle of what it should go to the brochure technically cuts off who wasn't invited to the bill of gathering was still head of state the residence was teeming with k g, b agents and military personnel, he could have ordered them to arrest everyone at the meeting. but the soviet president didn't. all he did was to have phone conversations with the presidents of russia, ukraine, and viola. ruth, who reported what had happened, or bush or or what's your opinion look pretty losing was when

in a couple minutes and we'll go go what singlish krinski middle school age mission will some was this in the national years? so say speed of chicken. c. good about choice of last minute during the preceding success, i'm going to go to as a little bit of the style is monica with me because of us, the new jason computing go to the other was that she was so kid. so don't know if you can, you can use a new come thank you. you don't use coax will be a not all right. yes. teach. i'm sure you so i you. so she was, well, why may it was that was just cute michelle of it. i guess because she shouldn't go to the brochure. technically garbage off who wasn't invited to the bill of a gathering was still head of state. the residence was teeming with k g, b agents and military personnel. he could have ordered them to arrest everyone at the meeting. but the soviet president didn't. all he did was to have phone conversations with the president of russia, ukraine, and bella. ruth, who reported what had happened or bush or or what's your opinion look like when you log onto their local hor to look next wi

in a couple minutes and we'll go go what singlish krinski middle school age mission will some was this natural year soon? so be just the chicken broth, the good about choice of the last minute during the preceding success, i'm going to go as a little more of the style is monica with me because we were standing, jason computing go to the other was that she was so kid so don't know if she knew she they use what comes. thank you. you thought i used to be a not old robert. yes, i teach but here i show you. so i you saw she was well, why made them? she was, she was just cute michelle of what it should go to question brochure technically, garbage off who wasn't invited to the bill. a village, a gathering was still head of state. the residence was teeming with k, g, b agents and military personnel. he could have ordered them to arrest everyone at the meeting. but the soviet president didn't. all he did was to have phone conversations with the presidents of russia, ukraine and bella. ruth, who reported what had happened or what are your 3 choices? you look pretty interesting because when you l

in a couple minutes and we'll go go what singlish krinski middle school age, use a mission will some of us in the natural years and speed particular process the good about choice of last minute during the preceding it's it says i'm going to go as it you know the style is monica with you because we were standing, jason computing go to the other was that she was so kid. so don't know if you knew she they use what comes you you told me i used to be a not old robert. yes. teach but here i show you. so i you. so she is, well, why many of them she'll, if it's been like that was just huge michelle of order. it shouldn't go to question brochure. technically, garbage off who wasn't invited to the bill of gathering, was still head of state. the residence was teeming with k, g, b agents, and military personnel. he could have ordered them to arrest everyone at the meeting. but the soviet president didn't. all he did was to have phone conversations with the president of russia, ukraine, and bella. ruth, who reported what had happened or we're showing you have 3 choices. open you look pretty inter

what do you singlish krinski middle school age. use a mission we were done was this and then your natural years and the just to go see good about choice of the last minute during the preceding 6 days. i'm going to go or as it, you know, this is monica with the union because they were standing. jason computer go to start. was that she was so kid. so don't know if she knew she might come. thank you. you don't use coax. so be, you know, not old robert. yes. teach, but here i show you. so i, you saw she was, well, why may it was? it's been like that was just huge michelle of zillow or did it, i guess they should've gotten question brochure. technically, garbage off who wasn't invited to the bill of edge, a gathering was still head of state. the residence was teeming with k, g, b agents, and military personnel. he could have ordered them to arrest everyone at the meeting. but the soviet president didn't. all he did was to have phone conversations with the presidents of russia, ukraine and bella. ruth, who reported what had happened or b

krinski middle school age mission will some of the national year soon be just to go see good about yours for the last minute. bring the preceding if it stays on the go as a little bit of the style is monica with me because of us the new which isn't computing go to the other was that she was so kids ago i still don't know. oh i see . okay. you can, you can use a new come thank you. you thought i used to be a no, not a problem. yes. teach it. but if i show you, so i you. so she was, well, why may it was used? it's apples. i was just huge michelle of it. i guess they should go to question brochure technically, garbage off who wasn't invited to the bill of village, a gathering was still head of state. the residence was teeming with k, g, b agents and military personnel. he could have ordered them to arrest everyone at the meeting. but the soviet president didn't. all he did was to have phone conversations with the presidents of russia, ukraine and bella. ruth, who reported what had happened or bush or or what's your opinion look like when you log onto their local hor to look next you could g

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this was something that explained by stigma. krinski in his book the grand just for and i went through the exact same ph. d program at harvard to produce parisian sky before me. so we're seeing the entire house of cards collapse at this time and all the entire u. s. foreign policy and stablish. we starting with bush junior and continuing with obama, with trump, and now with the bike and our guilty for what's going on here. it's demonstrates to complete and total bankruptcy of the u. s. foreign policy and defense, which just like the vietnam war did ending in 1975. i want to ask you, among the us people, do you, how do you think that this will pay out? how do you think it's going to be received? i mean, well, look, biden, and who's the biden good should already taken that into account. they've repeatedly said that they don't really think the american people are going to care very much about stan polls. and i think they figured they can write this out. the problem is that it's far from over. you know, we'll have, shoot 6000 us troops or at the campbell air for airfield, a 1000 diplomats